The Business Times, 27 May 1986
1986-05-27
1
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The Business Times
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Title Section12 1986-05-27 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, MAY 27, IMC 75 CENTS12 words
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142 1986-05-27 1 A CALL FOR FRESH FUNDS for the Export Credit Insurance Corporation of Singapore will not be welcomed by foreign bankers. The suggestion that more cash would be needed was made earlier this month by ECICS chairman Herrman Hochstadt. Although the corporation has142 words
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263 1986-05-27 1 THE PUBLIC has been asked to give its views on a more flexible wage system to the tripartite subcommittee on wage reform. "Individuals, companies or business organisations with suggestions on how a flexible and workable wage system should be formulated, or263 words
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Article113 1986-05-27 1 JAPAN'S biggest-ever trade delegation to China arrives today on a buying mission. But traders say it will not stop Japan running up a surplus with China for the third consecutive year. A spokesman for the SinoJapanese Economic Association, the organiser of the mission, said yesterday113 words
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Article, Illustration596 1986-05-27 1 NAJEEB JARHOM - Double-digit gains among Singapore blue chips By NAJEEB JARHOM SHARE PRICES surged to their best levels for nearly three months yesterday on stepped-up buying of low-priced quality industrial and property stocks as well as bank shares by Central Provident Fund members and bargain-hunters. This596 words
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159 1986-05-27 1 Reuter AN AUCTION today of a major site near the Hongkong business district will test the colony's property market which is generally seen to be consolidating after a period of sharp gains. Market analysts say the outcome will influence local stock prices sinceReuter - 159 words
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Article, Illustration333 1986-05-27 1 JAIME LYE - By JAIME LYE THIS YEAR'S American Society of Travel Agents (ASTA) World Congress is expected to boost the number of Americans visiting Singapore by at least 10 per cent next year. Mr Joseph Chew, the director of the Singapore Tourist Promotion Board, based this forecast333 words
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86 1986-05-27 1 Bernama THE MALAYSIAN king has consented to the appointment of Transport Ministry secretary-general Datuk Ishak Tadin as the new auditor-general with effect from June 1. Datuk Ishak succeeds Tan Sri Ahmad Noordin Zakaria, who completed his term of office on May 14. Datuk Ishak,Bernama - 86 words
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356 1986-05-27 1 Reuter EARLY GENERAL elections in Japan appear almost definite after Prime Minister Yasuhiro Nakasone won an agreement yesterday from rivals in his fac-tion-ridden party to recall Parliament from its summer recess. A Parliament in session could then be dissolved, enabling Mr Nakasone toReuter - 356 words
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Page 1 Advertisements
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Advertisement147 1986-05-27 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Feature, Page 8 Banking Finance '86 What are the big challenges facing Singapore's banking sector? What do mounting debts of some Asean countries mean? What business can bankers do in China? Find out tomorrow in BT's special supplement on Banking and Finance. The supplement147 words
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Advertisement263 1986-05-27 1 Details, Pagi 13 Asian Stocks, Psgs 11 ■bhbe SHAME INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO BRISTOW DOONESBURY OUR VIEW A SOLUTION TO THE WORLD'S trode friction lies in Japan expanding its imports. That it has failed to do so is partly because the benefits263 words
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Advertisement156 1986-05-27 1 Ikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM snipping Timaa com#* as a aaparata section today. Maka aura you gat your copy u Schiphol is a hospitable transitpomt. 'One would like to spend ones holiday —Hi. iff From Schiphol you can fly to 124 destinations on six continents. Everything has been made156 words
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HOME NEWS
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Article, Illustration316 1986-05-27 2 THOMAS LiM has been promoted to manager, operations analysis, of Pepsi-Cola International's headquarters in Purchase, New York, with effect from June 1. Mr Lim, who is currently the manager, planning and analysis, of Pepsi's regional office in Singapore, joined the company in 1981. He is an accountancy316 words
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Article, Illustration386 1986-05-27 2 LEE HAN SHIH - By LEE HAN SHIH AN INTERNATIONAL Conference on Chinese computing to be held in Singapore is expected to attract 200 participants from 12 countries. The 1966 International Conference on Chinese Computing will be held from Aug 20-22 at the Institute of Systems Science386 words
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Article, Illustration321 1986-05-27 2 LUCY NG - By LUCY NG EXPORTS of aquarium fish are spinning millions of dollars in foreign exchange earnings but trade figures show that the impressive growth in the past 10 years could be tapering off. Last year, aquarium fish exports climbed to (40.8 million, an impressive growth321 words
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289 1986-05-27 2 PONDEROSA Steak and Salad is to open a million dollar outlet next month at the Lido Cinema, after the success of its 10-month-old first outlet at Plaza Singapura. The new restaurant will occupy the second storey premises of the former Carnival Restaurant and289 words
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Article, Illustration89 1986-05-27 3 this SPIRAL-LIKE sculpture at Marina Park represents the evolution and progress of the material world. Called Metamorphosis I, the sculpture was Installed yesterday with the help of its creator, American sculptor OMe Simonis. It is also supposed to represent the ad- vances of science89 words
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317 1986-05-27 3 IT MAY BE a time for belt-tight-ening but come National Day, the recession will be put on hold while the population gets together to have fun at East Coast Park. For three days starting Aug 8, the National Day Carnival will provide entertainment ranging317 words
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267 1986-05-27 3 LIM SOON NEO - By LIM SOON NEO THE SINGAPORE government is working towards turning the nation into a one-stop business service centre, said Dr Lee Boon Yang, Minister of State (Trade and Industry and Home Affairs) yesterday. "Besides lower cost and less red tape, we will267 words
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Article450 1986-05-27 3 SHAHRIR ARIFF - By SHAHRIR ARIFF A TRADE MISSION representing 14 Singapore electronics companies is visiting Australia for the next 10 days to explore more business and export opportunities. Organised by the Trade Development Board (TDB), the tour follows opportunities arising from Ireecon '85, an electronics exhibition held450 words
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333 1986-05-27 3 LK-NES (SEA) Pte Ltd, a Singapore-Danish joint venture, has completed a $4million factory and office in Jurong and introduced a new low-tension switchgear that it hopes will boost the company's annual turnover of |25 million. The four-storey building on Jurong Town Corporation333 words
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Article68 1986-05-27 3 SUBSCRIBERS can now make use of Telecoms's Telefax service to Chile. The service came into effect yesterday. Subscribers who want to use this service have to go to Telecoms's premises to send or receive the fac- simile messages. Meanwhile, Telecoms also announced that it has resumed68 words
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185 1986-05-27 3 ASIATEX *86 exhibitors have sold $500,000 worth of equipment and have had orders of $1 million pending since the exhibition opened last Saturday. Falmac, a local manufacturer of knitting machines, has already sold $380,000 worth of equipment to Indonesia and Mauritius.185 words
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522 1986-05-27 3 JEFFREY TSANG - Importers turning to factories outside Japan By JEFFREY TSANG THE YEN's rise of more than 50 per cent in the last year has accelerated the trend of more Japanese products coming from factories outside Japan. The market's share of Japanese goods is as big as522 words
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320 1986-05-27 3 A JOINT VENTURE of four companies has won a $22 million contract to build and maintain a proposed flyover at the junction of Thomson, Lornie, Upper Thomson and Braddell Roads. JDC Corporation, Tekken Construction, Bored Piling and Hexacon Construction won the contract from nine320 words
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Article137 1986-05-27 3 THE PUMP PRICE of diesel has fallen by 2.5 cents a litre to 38.2 cents per litre its lowest in the past six years. The lower price ceiling, which will take effect from today, is due to a reduction in the posted prices of oil137 words
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Page 2 Advertisements
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Advertisement208 1986-05-27 2 WORLDW/DECOUR/ER Changing the way the world does business. x/CO You can score first when you rent from Thorn. Prices of TV and VCR sets are going up •Short-term rentals also available, due to currency fluctuations. But you Rent from Thorn and enjoy these can play smart and save by signing208 words
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Page 2 Miscellaneous
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Miscellaneous1180 1986-05-27 2 TUESDAY PREMIERE Haart of a Champion: Tha Ray Mancini Story IOJOpm, Channal S This is the story of Ray "Boom Boom" Mancini, a boxer who fought to win the WBA lightweight championship that eluded his boxer father in the *****. Mancini eventually won the championship in 1982, when he took1,180 words
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Page 3 Advertisements
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Advertisement123 1986-05-27 3 FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen, Sanitary facilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.V.A. Transformers, suitable for all types of industry except food. 3. 1.8 km to Jurong Port off123 words
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Advertisement110 1986-05-27 3 OVEN-FRESH! THE ORIGINAL FRENCH-CAFE BAKERY JJ Delifrance BOULANGERIE ET CAFE FRANgAIS Delicious array of oven-fresh baguette and croissant sandwiches. And you can choose your own choice of fillings from a selection right before your eyes. There's also tempting tartlets filled with juicy fresh fruits. Authentic french croissants and baguettes fresh110 words
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OVERSEAS
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Article346 1986-05-27 4 Measure likely to be defeated by Senate AP THE TRADE BILL passed by the House of Representatives last Thursday born of frustrations with soaring trade deficits may live longer as a political statement than as a piece of legislation. The measure, approved 295 to 115AP - 346 words
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228 1986-05-27 4 UPI AMERICAN Deputy Secretary of State John Whitehead has said that Argentina is a likely candidate to receive financial assistance with soft loan terms under the Baker Plan before the end of the year. Mr Whitehead praised Argentina's return to democracy andUPI - 228 words
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324 1986-05-27 4 AP BRITAIN'S Prime Minister Margaret Thatcher plans to discuss Israel's position on Middle East peace with Jordan's King Hussein next month. Israeli newspapers said yesterday that Mrs Thatcher, who is on a four-day visit to the country, said after meeting Premier ShimonAP - 324 words
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Article, Illustration381 1986-05-27 4 UPI AP THE SOVIET scientist in charge of cleaning up the Chernobyl nuclear accident said the main worry now is how to keep radiation from the damaged reactor from poisoning underground water supplies. Veygeny Velikhov, vice-presi-dent of the Soviet Academy of Sciences, alsoUPI; AP - 381 words
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328 1986-05-27 4 AP TERRORISM INSURANCE for airlines worldwide has risen an unexpected 10 per cent on existing policies as underwriters try to raise money in case of lawsuits stemming from an attack. "To my knowledge, there was no airline that they missed. Everybody got hit (withAP - 328 words
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Article125 1986-05-27 4 AP NINE HUNDRED boats carrying 4,000 rowers sailed down Venice's grand canal and around its islands on Sunday to press for anti-pollution laws to protect the lagoon city. The non-competitive rowing event, called the Vogalonga, was started 12 years ago and is now staged annually by localAP - 125 words
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299 1986-05-27 4 AFP A NEW FRENCH GROUP is campaigning for the south-western Aquitaine region to be returned to British rule. It has launched a cricket team and demanded a legal "tea-time" at 4 pm each day to show it means business. The Society forAFP - 299 words
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Article218 1986-05-27 4 AP A MEMBER of the Nuclear Regulatory Commission has warned that an accident at an American reactor could release as much radiation as the disaster in the Soviet Union. The official, James Asselstine, said last Thursday that unless further safety steps were taken inAP - 218 words
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Article872 1986-05-27 4 ARRIVALS Operator Service Local From number time SIA SQI17 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL CI34I 0255 TPE SV SV398 0440 JED/RUH MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH811 0910 PEN MAS MH67I 0920 KUL SIA SQI03 0950 KUL AC AC858 0950 YYZ/LHR/BOM872 words
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Page 4 Advertisements
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Advertisement129 1986-05-27 4 Pj. n RiloiriPCC filffc There are all sorts of occasions VJIVC JjltolllCoo Vllllo when a Cross emblem pen can That Last A Lifetime. stimulate your busing. With your company s emblem prominently displayed they make highly valued business gifts, both within your own company and to the many people with129 words
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Advertisement54 1986-05-27 4 I I II \I I II II I Every Tuesday, Thursday. Saturday and I 1 II \l I II II \l Sunday. Leaving Changi Airport at 1 A. /I J—* 22:05 hours and arriving at Heathrow 3t 07.05 hours the following morning. Call Air Canoda at *****55 or your Travel54 words
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Page 4 Miscellaneous
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Miscellaneous55 1986-05-27 4 Doonesbury UIU mm. vn y?vr:v MteWlLVl *3 MM EW M ?S 'Aw/ T m i. BY GARRY TRUDEAU PONT LAUGH, H£ REALM DOES'. SAY, YarFBHOreOMTOWIST THAT AKXJNPANP MAKE MB jf****. S&M U&FP, f AfiBKXJ* ■5 iS weird? sort of like HO, NO, THE ELEPHANT SPECIAL! MAN! INQUE! PROMTS? m m55 words
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OVERSEAS
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323 1986-05-27 5 AFP FORMER DEPUTY Prime Minister Musa Hitam, who quit the Malaysian government three months ago, has called for a new look at Prime Minister Mahathir Mohamad's pledge to provide a clean government. Observers described Datuk Musa's remarks on Sunday as his toughest criticismAFP - 323 words
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198 1986-05-27 5 Reuter A TAMIL guerilla group warned multinational companies to pull out of Sri Lanka or face attacks on their plants, the Press Trust of India has reported. Simultaneously, another group said it was in full control of Sri Lanka's northern Jaffna Peninsula afterReuter - 198 words
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Article228 1986-05-27 5 AFP CHINA needs another 50 to 70 years of determined effort to approach the economic level of the developed countries, Chinese Communist Party General Secretary Hu Yaobang has said. Mr Hu urged foreign countries not to "over-esti-mate" the progress made by China since itAFP - 228 words
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316 1986-05-27 5 AP WITH A BLARE of bugles and a roll of drums, 11-year-old Zhou Yan marched into the Children's Palace in Western Beijing on Sunday for his first try at entrepreneurship. Zhou and about 100 other primary school students were peddlars-for-the-day in a programmeAP - 316 words
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147 1986-05-27 5 Reuter CENTRALLY PLANNED economies favoured by Eastern bloc countries result in shortages, poor choice for consumers and little incentive to produce high quality goods for export, a leading Chinese economist said. The China Daily yesterday quoted Pan Enqi of the Chinese AcademyReuter - 147 words
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Article, Illustration426 1986-05-27 5 Higher levels before the year ends, says Yamani UPI SAUDI ARABIAN Oil Minister Sheikh Ahmed Zaki Yamani has said that oil prices are likely to increase above the current levels of US$l4 to $16 a barrel before the end of the year. "Oil prices willUPI - 426 words
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288 1986-05-27 5 Reuter AUSTRALIAN Prime Minister Bob Hawke yesterday described ousted leader Ferdinand Marcos's fortune as obscene and said his government would help the Philippines if any of the Marcos assets in Australia were identified. Mr Hawke told a press conference after meeting President Corazon AquinoReuter - 288 words
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Page 5 Advertisements
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Advertisement111 1986-05-27 5 '`{+[`=(%>*@($,``?^,^/\|@@~*.<@ AN INVITATION TO ALL DUTY-FREE BUYERS AND SUPPLIERS ASIA PACIFIC DUTYFREE CONFERENCE AND EXHIBITION Sponsored cV < h'ganised by International Tax-Free Trader Make sure you visit the largest ever duty-free exhibition at the Hyatt Regency Hotel, Singapore, 28-30 May 1986. Over 70 duty-free suppliers from 20 countries will be111 words
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Advertisement116 1986-05-27 5 Great food, good value and a relaxed atmosphere. Thafs what my restaurant is all about!' At Restaurant Latour you'll discover the finest Continental cuisine. Our set lunch for At Restaurant Latour you'll discover the finest Continental cuisine. Our set lunch for just $28* includes a choice of six main courses.There's116 words
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BANKING AND FINANCE
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419 1986-05-27 6 DAVID GABRIEL - By DAVID GABRIEL THE SINGAPORE International Monetary Exchange, Simex, made the right decision in opting for the open outcry system, suggested Mr John Kinseila, the director of the Chicago Board of Trade. The alternative is a fully electronic system which exists in New419 words
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195 1986-05-27 6 AP A GROUP of five banks and securities companies from Japan, the US, China and Hongkong has considered establishing a joint venture bank in the southern Chinese city of Shenzhen, Japanese bank executives have said. A spokesman of Sumitomo Bank Ltd,AP - 195 words
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332 1986-05-27 6 NYT THE FEDERAL Reserve became worried last month that the financial markets had come to expect more easing of monetary policy than it was prepared to deliver. As a result, it sought to quash hopes that it would move quickly toNYT - 332 words
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253 1986-05-27 6 AP THE ABOLITION of China's convertible currency known as foreign exchange certificates will not mean its other currency, renminbi, will become freely convertible, a Chinese economist has said. Qian Jiaju, 77, an economist at the Central Socialist Academy, told journalists at a luncheon that afterAP - 253 words
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Article664 1986-05-27 6 SINGAPORE THE US dollar yesterday closed mixed against most major currencies after fluctuating within a narrow rang* in quiet and featureless trading, dealers said. They said most operators were sidelined due to the absence of fresh factors and uncertainty over the dollar's near-term direction. The closure of the664 words
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Article230 1986-05-27 6 Interbank rates on 22/5 at 3pm yesterday: Local dollars to OMO MMt of tOffl Md Offer a raaa partly US doJkx 2 2300 2.2310 ***** -20 91 Sterling pound ***** ***** 7.3469 -54 21 Austrofcon do»or 1 5922 1 5951 3 4286 -53 56 NZ ctoiar 1 2387230 words
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Article, Illustration367 1986-05-27 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at slightly lower opening levels in quiet afternoon trading, dealers said. They said most operators were sidelined due to uncertainty over the dollar's near-term direction, the absence of fresh factors and yesterday's closure of UK and US markets. Period rates were367 words
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Article385 1986-05-27 6 BA Futures SEPTEMBER Earedstlar yesterday opened two ticks higher than Thursday's close but one tick higher than CME's close at 93.00 in Simex. Prices quickly traded to a high of 93.04 in a thin market due to the holiday in London and Chicago following the release of the minutesBA Futures - 385 words
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Article151 1986-05-27 6 HONGKONG: GOLD yesterday closed at U*****.79/342.20 an ounce. On the local market gold rose HK$5 to close at $3,178 a tael. Krugerrand rose $5 to end at $2,575. Maple Leaf finished $2 easier at $2,755. TOKYO: Spot May closed up 12 at IJBBO yen and distant April seven at151 words
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Article121 1986-05-27 6 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/4 point from Thursday to ckMe at 5 1/1 per cent yesterday The one-month term rate feU 1/8 point while the two and three-month term rates fell by 1/16 point. inTCrDOTO rOTW ot 7pm y«sterdoy: OH» M121 words
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Page 6 Advertisements
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Advertisement324 1986-05-27 6 I BMW 7 series. But they are reluctant to do so, because there's news adrift that the new BMW 735 i will be making an exhilarating entrance sometime H next year. Hi (Incidentally, that is no rumour. It's the truth alright.) We know every motorist worth his salt, would rather324 words
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Advertisement90 1986-05-27 6 REIGATE UKCar Rental Over 20 years' experience Fleet size over 1,000 vehicles Besides Reigate, new depots at Glasgow, Edinburgh and Manchester Rates from; £79* per wkor £907* permth A Kclwlw VAT ANGLO FRENCH TRAVEL *****22 SCENIC TRAVEL BE Knight Frank I\*K'k h\v Kaillx'u TUAN SING TOWERS H Fully partitioned furnished90 words
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WORLD BACKGROUND
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Article, Illustration840 1986-05-27 7 UN predicts 170 million people in the continent will live in poverty by year 2000 Reuter IF THE EXPERTS are right, Latin America's poverty-strick-en masses have only one way to go in the foreseeable future: down, towards more hunger, misery and unemployment. According to projectionsReuter - 840 words
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Article, Illustration517 1986-05-27 7 NYT YVES MONTAND, France's pre-eminent singer, actor and entertainer, has long been active in political causes. Lately French political commentators have begun to speculate about whether he might have political ambitions of his own. Ronald Reagan, after all, became the President of the US.NYT - 517 words
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Page 7 Advertisements
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Advertisement89 1986-05-27 7 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS «s COLD STORAGE TRADING (A division of Cold Storage Singapore (1983) Pte. Ltd.) Available immediately for short/ long term lease casual/ transit storage. Office Space approx. 10,000 sq ft. Fully Aircond. Warehouse space approx 15,000 sq ft. For Dry and Aircond. goods. Total space can89 words
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Advertisement259 1986-05-27 7 s Ml f&Prm <:*?#< tw > t ii<m- -> v c •'-:>r ;-r>. mm M mgmmMl m m > i- m* n W& 181 ~;ji A s v $3$ J lb *>>-f '"v., > V $< x%. x v v^< tw§» A- £i> SmMPI i v < x < >.259 words
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FEATURES
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Article590 1986-05-27 8 THE AMERICAN Congress has sent a historic message that "the people of the United States will no longer stand by and watch American industry be replaced by foreign industry", declared House Speaker Thomas O'Neill on the passing last Thursday of a trade bill which590 words
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Article, Illustration1494 1986-05-27 8 RAY HEATH,ALVIN TAY - Ten years on, and ECICS might need still more money from its shareholders. RAY HEATH and ALVIN TAY report. RAY HEATH,ALVIN TAY THE NEWS that the Export Credit Insurance Corporation of Singapore is considering tapping its shareholders for $63,795 million by way of1,494 words
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826 1986-05-27 8 OIL RIGS and ventures into backing trade by third countries looked good from 1960 to 1962 when the Export Credit Insurance Corporation of Singapore was busy insuring the finance for them. Today, top managers of ECICS are still licking826 words
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Page 8 Advertisements
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Advertisement106 1986-05-27 8 1981 1982 1983 1984 1985 1985 Annual Report Banco di Sicilia is growing further. HIGHLIGHTS FROM BANCO DI SICILIA ANNUAL REPORT 1985 (in billion Lire) 1985 1984 Capital and Reserves 1,227.6 1,089.2 Total Loans and Advances 18,011.9 16,779-0 Total Deposits 25,179 9 23,493-2 Total Assets (excluding Contra Accounts) 31.406.9 29.112.6106 words
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Page 8 Miscellaneous
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Miscellaneous718 1986-05-27 8 CRYPTIC PUZZLE ACROSS 3 Writer possibly ted by some poet (5) 8 Whot o soldier moy hove been lamed m winning (5) 10 Smart os o teetotoler m New York (5) 11 He's right forward (3) 12 Do they please the bus conductor' (5) 13 Appelatton of little chococter 14.718 words
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WORLD CUP '86 SPECIAL
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Article, Illustration776 1986-05-27 9 Agencies AS MILLIONS excitedly anticipate this weekend's beginning of a month of soccer festivities, there are some nagging signs that cannot be ignored. The 1986 World Cup the symbol of soccer supremacy has the dubious potential to deny fans a chance to watch some ofAgencies - 776 words
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Page 9 Advertisements
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Advertisement21 1986-05-27 9 TV and Radio programmes on Page 2. Play Golf The Sewy Way has been held over due to pressure of space.21 words
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RAW MATERIALS
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486 1986-05-27 10 Fate of tin agreement hanging in the balance AFP THE FUTURE of the International Tin Agreement, whose costly attempts to regulate tin prices on the world market finally failed and thus crippled tin trade seven months ago, will be examined by aAFP - 486 words
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295 1986-05-27 10 AFP INDONESIA has reached an agreement with Taiwan on a 20-year contract to J supply it with 1.5 million tonnes a year of liquefied natural gas (LNG), a spokesman for the state oil company Pertamina said in Jakarta last week. "The negotiations areAFP - 295 words
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195 1986-05-27 10 AFP ARGENTINA and Australia, two of the world's grain producers, have said they would maintain their wheat output levels in spite of the current over-production crisis. "Argentina will continue to seek new grain outlets" in order to pay off the country's huge foreignAFP - 195 words
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Article197 1986-05-27 10 Reuter SINGAPORE THE MARKET yesterday closed lower with June One RSS buyers quoted at 170.00 cents per kilo, down 1.50 cents from last Thursday. The morning session lost 0.50 cent on profit-taking in quiet trading. Prices lost further ground in quiet afternoon trading on some speculative selling, with yesterday'sReuter - 197 words
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Article147 1986-05-27 10 Chinese Produce Robusta 20/25% Exchenge FOB NSW 565 00 Sellers' noon closing prices on Moy 26 (S$/100 kg). Nutmeg 110 FOB NSW 1422 00 Coconut oil BWP FOB NSW 1322 00 Bulk FOB Old drum FOB 48 00 61 00 Gambier New drum FOB 65 00 FOB NSW147 words
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Article214 1986-05-27 10 MALAYSIAN crude palm oil prices yesterday closed slightly higher on light covering interest, supported by the rise in palm oil futures and a firmer Chicago soyoil futures close last week. Trading remained thin and cautious. Uncertainty over results of India's palm oil tender last week also kept operators214 words
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Article93 1986-05-27 10 Reuter PRICES on the Kuala Lumpur Tin Market, KLTM, rose 15 cents to M 514.16 per kilo from $14.01 last Thursday, mainly on covering interest. The market opened at the previous closing level but rose gradually on strong buying interest, mainly from Japan. Turnover rose to 46 tonnesReuter - 93 words
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Article67 1986-05-27 10 Bangkok (US$/tonne, FOB) White Rice 100% 1st class 240 100% 2nd class 215 100% 3rd class 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A -l Super 115 A-1 Special 112 C-) Special unq C-» Ord unq Looazain Rice 00% 1st grade67 words
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Article319 1986-05-27 10 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 173 00 *****N 171 50 172 50N Int 1 RSS Jun« 86 171 25 172 75 170 00 171 00 lot 1 RSS July 86 171 75 172 25319 words
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Article105 1986-05-27 10 (cents/kg, 1-ton pollets) jjj NE g6 JULY 86 (current month) (forward month) NOON NOON RAS Buyers Seller* Buyers Sellers SSR 20 161 00 163 OON 161 50 I63 50N SSR 50 158 00 I60 00N 158 50 160 SON MRELB Buyers Seller! Buyers Sellers SMR CV 214105 words
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Page 10 Advertisements
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Advertisement721 1986-05-27 10 m T, s 91 r rz iEf> ;'.y,,.. TONIGHT A Whole Suckling 1 '6 The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one721 words
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Advertisement145 1986-05-27 10 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. STRAWBBtRY FAIR-MAY ***** Prince CRown HOTEL m««»ii Managed by Prince Hotels Japan Continuing the Prince Hotels tradition of friendly service 270 Orchard145 words
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ASIAN STOCKS
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Article337 1986-05-27 11 HOMGKONG: Share prices yesterday closed slightly lower in quiet trading as investors generally stayed on the sidelines. Brokers said the market was awaiting today's government land auction for confirmation that the property sector was entering a consolidation period. It is expected the site, near the Central Business District, will337 words
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Article208 1986-05-27 11 MAT 26 MT 229 28 80 1.1 0 11 Kuochan Dev Lm Chang Yuan 21.40 05 25.00 0 4 27 10 14 31 10 0 4 12.80 0 05 44 40 0 6 37 10 +0 4 24.60 -I 20 80 03 On Hun C ement 24 60 10.80208 words
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Article407 1986-05-27 11 TOKYO: Share prices yesterday were down from early highs, but still boosted the market average 12.17 to a record close of 16,409.49. The index touched a record high of 16,503.78 in early trading, but the market ran out of steam following four days of gains last week. Turnover was407 words
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Article61 1986-05-27 11 0009 -0003 Acop Mjnmg Anglo Phil Phi Ov«tm<b Phfex 8 PScop B 0 017 0 18 inch 0005 Apex Mma B 0006 -0001 77 unch Alios Con B 13 -05 0 001 -001 Son Miguel B 42 inch Benguet Con 8 80 unch Sane Darby 950 0 3 Leponto61 words
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Article381 1986-05-27 11 SYDNEY: Sharemarkets yesterday closed sharply firmer, buoyed by heavy trading in BHP and renewed buying of quality industrial and mining stocks. The All Ordinaries Index gained 13.3 points to 1204.6 near the close of trading and the All Industrials 18.5 to 1944.1. The All Resources put on 9.0 to381 words
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Article77 1986-05-27 11 MAY 26 Bonk S«o»J Won 695 10 Hyundai Contt Hyundai Motor KAL 898 2380 1210 705 •10 110 61 +2 Chohaung Bk Commtic K>l Bk 645 700 -15 -10 2902 201 Docton bid 545 unch KoreoSNp 436 1219 -13 +97 Doewoo Corp 984 1405 10 130 1181 -29 48577 words
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Article125 1986-05-27 11 BANGKOK: The Securities Exchange of Thailand Index yesterday fell 0.09 point to 129.70. Turnover was 106,877 shares valued at 7.7 million baht. MAY 26 1 lafcti Swmu* Sam Cement 461 unch Ao Khom Thai Sam Cituen» wj*p Aim Ft** Sam Cituen* Ayudhya ln»e*tmen» LeoMng uap Bangkok Aground 26 25125 words
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Article50 1986-05-27 11 Reuter NZI CORPORATION expects to list its shares on the Tokyo Stock Exchange in September. Group managing director David Chalmers yesterday said the group also planned to merge its two registered deposit-taking companies in Hongkong and upgrade the new company's status to licensed deposit-taking company. ReuterReuter - 50 words
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464 1986-05-27 11 AFP THE AUSTRALIA and New Zealand Banking Group Ltd (ANZ) paid heavily for its decision to move into overseas markets, but the strategy will reap rewards in the long term, ANZ managing director Will Bailey has said. ANZ last week reported that netAFP - 464 words
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134 1986-05-27 11 AFP THE PLANNED SALE of the San Miguel Corporation (SMC) brewery in Hongkong to US rival An-heuser-Busch has been stalled by the Philippine company's legal problems in Manila. The South China Morning Post, citing unnamed sources close to the sale talks, saidAFP - 134 words
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276 1986-05-27 11 Reuter BELL RESOURCES LTD's stake in its partial takeover target, the Broken Hill Pty Co Ltd, has been cut to 215.06 million shares, or 17.24 per cent of issued capital, from 234.34 million, or 18.78 per cent, documents lodged by Bell show. TheReuter - 276 words
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Page 11 Advertisements
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Advertisement178 1986-05-27 11 .V; T s S' s? E» s W?^ I fS£ ifif S^£f% > T, K :»>• <s# Start of A New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky178 words
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Advertisement143 1986-05-27 11 M 1 1 Come Party with Freaky Freddy And till May 31st. there are 4 more reasons to come on down: •Martell Cordon Bleu. Martell Cordon Pubis and Bell's Royal Reserve bottle buyers receive exclusive gifts and win attractive prizes in a lucky guiz. Fashion show every Wednesday Ladies' Night143 words
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Advertisement218 1986-05-27 11 tti vv"'/ v ♦f., 7^ mm Bm. L#* "S 2u\ w\jA Para Wave Free Style Dance Championship'! Heats: May 20 and 27 June 3 and 10 Semi-Finals: June 24 July 1 Grand Final: July 15 We're blasting oft tonight and every night at Para Wave Discotheque Take oft to the218 words
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Advertisement116 1986-05-27 11 w mnvn RONNIE kijh: Tuesday, 27 May Wednesday. 28 May Hyatt Regency® Singapore For reservations please call *****88 Ext 2574 \rmiwhrtkT kqm r CATHAY PACIFIC Aimd itm cabtm ilirairr« mh riiii 1 I H< mponuUmn 4 <«, \guivll II dfilh 0 Supreme Events in Cuisine No. 5 THE BELVEDERE'S SWISS116 words
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Advertisement115 1986-05-27 11 Peking Sichuan Restaurant ii Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7' Dinner/Supper Time: 7pm 3am > v me. > 10% service charge A 3% government tax'not included. 11 PEKING A SICHUAN RESTAURANT (CAIRNHILL HOTEL) 19 Cairnhill Circle. Singapore 0922 Tel *****98115 words
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Page 12 Advertisements
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Advertisement1849 1986-05-27 12 mmmm (Incorporated in the Republic of Singapore) AND ITS SUBSIDIARY COMPANIES BALANCE SHEET AS AT 31ST DECEMBER 1985 SHARE CAPITAL Authorised: 100,000,000 shares of Ssl each Issued and fully paid: RESERVES Capital Share premium General Unappropriated profit Total Share Capital And Reserves CURRENT LIABILITIES AND PROVISIONS Current, fixed, savings and1,849 words
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SHARE INFORMATION
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Article, Illustration4079 1986-05-27 13 DOUBLE-DIGIT GAINS were recorded by many trustee stocks as the Singapore stock market rallied across the board yesterday. Dealers say the strong market performance was due to pent-up demand from CPF investment account holders and other investors who have decided to move in because4,079 words
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Article293 1986-05-27 13 SINGAPORE Rises Hh jiCM utd rio«»o» iom 300 244 1240 535 386 645 304 140 297 227 328 145 294 279 244 148 645 45 23 20 20 16 15 15 15 14 13 12 12 11 11 11 11 10 §T Composite Mo* 22 Mot 26293 words
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Article3401 1986-05-27 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 056 I 06S) (1) 0 97 (5) 0 98(10) I 00(5)0 99(2) I 01 (19) I 02(7) I 03(13) 1 03(10) 1 05 (34) I 04CD Alcorn (0.478) (I) 047 Amol Steel 50« (0 59V*. B 0 60S) (13)3,401 words
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Article122 1986-05-27 13 HONGKONG Hong Kong Index Monday 1126.70 Friday 12?'§ Week ogo 1098 47 All Industrials Monday 1944.8 Friday 1926 7 Week ago 1946 0 NEW YORK Hang Seng Index Monday 1811.87 Fnday 1815 92 Week ago 1765.02 Dow Jones Fridoy 1823 29 Thursday 1806 30 Week ogo 1759 80122 words
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COMPANY NEWS
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576 1986-05-27 14 SPECULATIVE STOCKS and blue chips took centre stage on the Kuala Lumpur stock market yesterday and put on impressive gains. However, trading was still lethargic as there was a general lack of interest. As a result, turnover was low. Volume for the day576 words
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Article2497 1986-05-27 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS A|momoto (3 00S) AMD (3 20S) Akom (0 546)0)02,497 words
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Article134 1986-05-27 14 ANA HOTELS Singapore Limited: 8th AGM in the Connaught Room, Century Park Sheraton Singapore, Nassim Hill, Singapore 1025 today at 11am. HAW PAR BROTHERS late rmatUaal Limited: 17th AGM in the Board Room, United Overseas Bank Ltd, 30th Floor, UOB Building, No.l Bonham Street, Singapore 0104 today at134 words
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Article272 1986-05-27 14 Managers' prices MARA-Bumi putr a for May 27 First B'putro 396 401 Singapore Unit Trust Second B'putro Third B'putro 3 75 3 17 380 3 22 The Commerce 0 74 0 78* Fourth B'putro 3 41 3 46 The Savings Fund 0 64 068 Fifth B'putro 1 97272 words
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Article, Illustration849 1986-05-27 15 MTO3 StfQSCU* By HOCK LOCK SIEW IF MARCO POLO shareholders weren't confused by last week's turn of events in Hongkong Wharf's offer for shares in the hotel company, they sure will be by this week's news. Not only has Baring Brothers, theBy HOCK LOCK SIEW - 849 words
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286 1986-05-27 15 THE RECENTLY appointed managing director of Duff Development, Mah King Hock, has an indirect interest in the company's acquisition of 15 million MBf Holdings Bhd shares, according to a circular issued to Duff's shareholders yesterday. Mr Mah has an indirect286 words
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Article86 1986-05-27 15 HARBISONS MALAYSIAN PlMtetfMs Bbd will be holding a board meeting on June 12 to consider the recommendation of a second interim dividend and publication of its preliminary results for the year ended March 31, 1986. «BAL lie Bkd announced that its wholly-owned subsidiary Seal Trading Corporation Sdn Kid86 words
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Article402 1986-05-27 15 Reuter THE HONGKONG-BASED Wah Kwong Shipping and Investment Co Ltd group has asked its creditors to extend an interim interest payment plan by 90 days after the plan's expiry on May 31, says a source close to Wah Kwong. The source adds that Wah KwongReuter - 402 words
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Article, Illustration554 1986-05-27 15 NAJEEB JARHOM - Suspension in trading of shares until further notice By NAJEEB JARHOM CLOSED-END investment trust United International Securities Ltd requested a suspension in the trading of its shares yesterday until further notice. No reason was given for the request. Company554 words
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310 1986-05-27 15 MALAYSIAN TOBACCO Company Bhd and Arab-Malaysian Merchant Bank Bhd have sealed another tie-up in the insurance business. MTC said yesterday it has acquired from AMMB a 30.6 per cent stake in Perima Assurance Bhd, a life insurance company. AMMB, which acquired an 87.5310 words
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400 1986-05-27 15 HOMER CHEN - By HOMER CHEN CASH-STRAPPED Wannian Holdings Ltd, which is trying to sell its flagship Furama Hotel to ease its liquidity problem, is the target of another suit this time from The Mitsubishi Bank Ltd. The suit was filed by Chor Pee A Co on400 words
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500 1986-05-27 15 AMY CHEOK - By AMY CHEOK FAI INSURANCES Ltd, the first Australian company to seek a secondary listing in Singapore, is not planning to carry out any insurance business here, according to chairman L J Adler. The company, with a market capitalistion of AsBoo million, made500 words
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Article94 1986-05-27 15 KEPPEL SHIPYARD Ltd has changed its name to Keppel Corporation Ltd to give a true reflection of the group's "diversification and scale of business". The Keppel group's activities include shipbuilding and repair, oil rig construction, offshore support services, property development and investment, as well as94 words
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LATEST RESULTS
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99 1986-05-27 15 Group pre-tax profits (til 35 per cent to $3.6 million (from $5.5 million) on an IS per cent decline in turnover to $12.6 million (from $15.4 million) for the year ended March 31, 1988. At the after-tax and minorities level, group profits rose 9 per99 words
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Article80 1986-05-27 15 Group pre-tax profits for the year ended Dec 31, 1985, were 29 per cent lower at M 518.5 million (from $26 million) on a 17 per cent drop in turnover to $50.4 million (from $60.5 million). After-tax profits stood 42 per cent lower at $7.7 million (from $13.480 words
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Page 14 Advertisements
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Advertisement1476 1986-05-27 14 r (Incorporated in the Republic of Singapore) BALANCE SHEET AS AT 31ST DECEMBER 1985 SHARE CAPITAL Authorised: 10,000,000 shares of $1 each Issued and fully paid: 10,000,000 shares of $1 each RESERVES Statutory General reserve Unappropriated profits Total share capital and reserves OTHER LIABILITIES Fixed deposits and savings accounts due1,476 words
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Page 15 Advertisements
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Advertisement281 1986-05-27 15 NOTICES PRIVATE LOOTED <M VlMmt Hi*!■«!■) At an Extraordinary General Meeting of the members of TONO WEI LEE TRADING PRIVATE LIMITED duly convened and held at 6001, Beach Road, #14-01, Golden MUe Tower, Singapore 0719 on the 22 day of May 1988, the following Special Resolutions were duly passed:1) "That281 words
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Advertisement297 1986-05-27 15 NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which Is being wound up voluntarily, arc required on or before the 25th daj of June, IMB to send In their names and addresses and the particulars of their debts or claims and the names and addresses of their297 words
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Advertisement334 1986-05-27 15 NOTICE IS HEREBY GIVEN pursuant to Section 906 of the Companies Act, Cap. 185 that a Pinal General Meeting of the Members of the abovenamed company will be held at 111 North Bridge Road #12-01, #12-05/06 Peninsula Plasa, Singapore 0617, on Friday, 27th June 1986 at 1230 p.m. for the334 words
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Article, Illustration534 1986-05-27 16 LEE HAN SHIH - By LEE HAN SHIH AN AMERICAN manufacturer lured here by the computer boom two years ago is confident of generating US$lOO million worth of business by 1988. Riding on the coat-tail of IBM and grabbing business along the way, SCI Manufacturing has become534 words
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283 1986-05-27 16 AFP VIETNAM yesterday began its fifth annual troop withdrawal from Cambodia involving about 10,000 men, the Communist Party daily Nhan Dan announced. The pull-out involved the 96th Army Corps stationed on the south-west Cambodian border, comprising "the Bth infantry division, the 95thAFP - 283 words
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Article, Illustration63 1986-05-27 16 A KING-SIZED AFFAIR: The week-long countdown to the 1986 World Cup Finals got off to a great start in Guadalajara, Mexico, on Sun- day with an energetic kick-off for a hefty ball from a policeman belonging to the famed anti-riot squad. Fans waiting for the Brazilian63 words
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181 1986-05-27 16 Reuter SRI LANKAN Finance Minister Ronnie de Mel has appealed to multinational companies not to leave the country in spite of threats by Tamil guerillas. "I don't see any reason for a pull-out. I hope they do not pull out," he said. The Eelam Revolutionary OrganisationReuter - 181 words
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420 1986-05-27 16 Reuter SAUDI ARABIAN Oil Minister Ahmed Zaki Yamani says a new oil crisis could develop in the *****, leaving Gulf states supplying as much as three-quarters of the world's oil. In an interview on Sunday night, he said there could be a crisisReuter - 420 words
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205 1986-05-27 16 AFP CHINA'S cities are to commercialise social services currently run by the government, with land, utilities and rents more closely subject to free market forces. Zhou Ganzhi, deputy minister for urban and rural construction, told a meeting in Shanghai that, in future,AFP - 205 words
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Article52 1986-05-27 16 Bernama THE TRANSMIGRATION programme in Indonesia has not been introduced for the purpose of moving poverty from one place to another but to raise the welfare of the people. Information Minister Harmoko said in East Kalimantan yesterday that transmigrants should work hard and develop the spirit ofBernama - 52 words
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493 1986-05-27 16 LUCY NG - By LUCY NG THE four-and-a-half-year long legal suit initiated by The Portuguese Missions in China at Singapore against its lawyers has hit a snag following a High Court judge's decision. The snag is the dismissal by the judge, Mr Punch Coomaraswamy, of an application by493 words
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76 1986-05-27 16 Bernama MANY ASEAN women who married Australians they met through introduction agencies later claimed that they had married men with criminal records, a history of domestic violence or mental illness, or previous failed marriages. About 2,000 women, 1,600 of them Filipinos,Bernama - 76 words
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Article40 1986-05-27 16 Reuter BERYL SPRINKEL, the chairman of President Ronald Reagan's Council of Economic Advisers, told an international management symposium in Switzerland yesterday that fur- ther Interest rate falls looked likely in countries whose currencies were appreciating strongly.Reuter - 40 words
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Article70 1986-05-27 16 AP ABOUT 300,000 businesses across the US can be fined by the government if they have not told their estimated 13 million employees about hazardous materials where they work. The new regulations by the US Occupational Safety and Health Administration, which took effect on Sunday, provideAP - 70 words
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LATE FILE
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37 1986-05-27 16 Reuter A GROUP of advisers to Japan's Ministry of International Trade and Industry yesterday called for the flotation of more government bonds to help the economy achieve a high growth rate.Reuter - 37 words
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44 1986-05-27 16 Reuter INDONESIA is studying the possibility of using the European Ariane rocket to launch its communications satellites. Telecommunications Minister Ahmad Tahir said yesterday that Jakarta was keeping track of developments in the Chinese and Japanese rocket-launching programmes. ReuterReuter - 44 words
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Article48 1986-05-27 16 AFP AN INQUIRY into alleged dumping of polyester fibres by Turkey, Yugoslavia, East Germany and Rumania was announced by the European Community yesterday. If the dumping charges brought by a committee for community producers are proven, the EC could impose special tariffs. AFPAFP - 48 words
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Article33 1986-05-27 16 Reuter SWEDEN'S largest blue-col-lar union, the 230,000-strong Metalworkers Union, yesterday called (or indefinite strikes in key export companies from June 3 in support of a pay claim. ReuterReuter - 33 words
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Article44 1986-05-27 16 Reuter A FORMER ally of deposed leader Ferdinand Marcos said yesterday he had accepted Philippine President Corazon Aquino's offer for the opposition to help draft a new Constitution. Bias Ople said the offer was a significant step towards reconciliation. ReuterReuter - 44 words
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Article40 1986-05-27 16 UPI CHESTER Bliss Bowles, who helped found one of Madison Avenue's most famous advertising agencies and went on to become a governor, congressman and ambassador for four presidents, died on Sunday in Connecticut. He was 85. UPIUPI - 40 words
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Article51 1986-05-27 16 Reuter VANUATU President Ati George Sokomanu warned Prime Minister Walter Lini yesterday against plans to forge diplomatic ties with Libya. Mr Sokomanu also said the Lini government's increasing links with Socialist countries would have a serious effect on the economy of the South Pacific nation.Reuter - 51 words
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Page 16 Advertisements
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Advertisement334 1986-05-27 16 TbughTimes Wever Last But Tough People Do! 9^ Dr. Schuller shows you how to build a positive self- image, no matter what your problem. Whether it's economic recession, unemployment, poor health, loneliness, fear or anything else that blocks your success, you can turn your negative into a positive. Plo matter334 words
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Advertisement7 1986-05-27 16 (^"!~^:$(}";?+^-`?])?)>{\.~`^%% Oil prices expected to rise, Pege 57 words
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Advertisement154 1986-05-27 16 Your World Cup match-by-match guide appears on Page 9. mm m May 23 June 1 Poolside (sth level) Royal Holiday Inn Singapore Discover the spicy, aromatic pleasures of Thai cuisine, presented in true hawker-style by 12 cooks specially flown in from the Chiang Inn Hotel in Chiang Mai. Choose from154 words
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Advertisement6 1986-05-27 16 The US markets were cleeet yesterday.6 words
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Page 16 Miscellaneous
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Miscellaneous57 1986-05-27 16 msrcraa Outlook foe todor. Showers over several areas in the lota morning and early oftemoon. Report for 24 hours prior to 7.30pm on May 26 at the airport: Maximum temperature 32.2 Associated humidity 71 Minimum temperature 22.0 Associated humidity 97 Hours of sunshine 2.90 Rainfall in millimetres 17.8 Roinfall this57 words
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SHIPPING TIMES
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127 1986-05-27 17 UPI TWO LUXURY cruise lines, the Pacific Princess and Royal Princess, will substitute cruises along Mexico's Pacific coast for trips in the Mediter--7 ranean. Lucero Cerecedo, the man- ager of the Pacific Maritime Agency, said the cruise lines I had decided to makeUPI - 127 words
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450 1986-05-27 17 G DURAIRAJ - By G DURAIRAJ WORK on the Malaysian national ports study is expected to begin shortly. This follows the selection of a team of consultants to undertake the 18month study which is cofunded by the World Bank. Sources said an American consulting firm had450 words
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213 1986-05-27 17 A LOAN of 33 million baht has been sought with the Krung Thai Bank by the fi-nancially-troubled Thai Maritime Navigation Co. A source told the Bangkok Post that TMNC hopes to be granted the loan from the state-owned bank as213 words
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PORTSIDES
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Article52 1986-05-27 17 Reuter SOUTH KOREAN exports of shipping containers totalled U5557.9 million in the first four months of this year, down from U5596.2 million in the same 1985 period, officials of the Korea Container Industrial Association said. They attributed the fall to the worldwide recession in theReuter - 52 words
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Article77 1986-05-27 17 INDIAN port capacity has risen by 10 million to 20 million tonnes in 1965-86 from 132.73 million tonnes in 1964-85 following the completion of new schemes. Bombay, Kandla, Madras, New Mangalore and Ltuticorin all earned surpluses in the past three years. Among the major schemes77 words
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Article74 1986-05-27 17 Reuter THE MEXICAN National Weather Service has advised shipping off the country's Pacific coast to take precautions against tropical storm Agatha. Agatha, with winds of 81 km an hour and gusts of 96 kmph, was about 576 km south-west of Acapulco on Sunday, moving towards landReuter - 74 words
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Article96 1986-05-27 17 AFP MITSUBISHI Heavy Industries has posted a 39.5 per cent gain in unconsolidated profits totaling 50.14 billion yen (U*****.9 million) in the business year ending March 31. Sales fell 8.4 per cent to 1.831 trillion yen (US$lO.B billion) due to the protracted shipbuilding slump andAFP - 96 words
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Article65 1986-05-27 17 Fairplay THE INTERNATIONAL BANK Hill Samuel has repossessed 10 vessels from the Greek Deltape Investment Corporation, which had been purchased jointly in February last year. The ships, which have now been handed over to Wallem Shipmanagement, were all former Aegis Shipping vessels and were snapped upFairplay - 65 words
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Article1331 1986-05-27 18 FREIGHT market chartering on Friday was again mainly confined to period business with few voyage fixtures reported, brokers said. The amount of timecharters ahead of the extended holiday week-end produced some surprise, but with no sign of a recovery in the dry cargo market at present, there is1,331 words
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541 1986-05-27 18 AP THE US NAVY plans to start sea trials this autumn of a new addition to its fleet that has been so specially designed for wartime use that it may spend its life in port unless war breaks out.AP - 541 words
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Article, Illustration442 1986-05-27 18 OIL SPILLAGE dispersal has aroused the interest of Singapore ever since a fuel-laden barge sprang a leak and sank off the east coast two Sundays ago. The bunkering barge was transporting 100 tonnes of oil when the incident occurred. Antipollution chemicals were used442 words
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Article630 1986-05-27 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL IH 1 BaIt-Canada Line VII 4/5 Bolt-Orient Line VI 4/5 Bank Line V 5 BBS II 4/5 Ben Line Cont630 words
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389 1986-05-27 18 NYT A CIRCLE LINE sightseeing boat carrying 600 people on a Memorial Day weekend trip around Manhattan Island sideswiped the seawall of the Willis Avenue bridge in an ebb tide on the Harlem River on Sunday. The police said that betweenNYT - 389 words
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191 1986-05-27 19 Reuter THE CREW of the fully laden supertanker W Enterprise, crippled on Saturday by an Iraqi missile that blasted its engine-room, was believed safe and there was apparently no fire on board, Gulf shipping sources said. The Cypriot-registered 357,400dwt tanker, capable of carrying aboutReuter - 191 words
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298 1986-05-27 19 Lloyd's List UNITED States Lines (USL) will this week re-introduce its round-the-world vessel, American New Jersey, which has been out of action for more than two months undergoing repairs in New York. The withdrawal of the 4,200TEU vessel following an accident which severely damaged theLloyd's List - 298 words
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259 1986-05-27 19 Reuter THE NUMBER of oil drilling rigs laid up in port in the North Sea has risen dramatically after the fall in oil prices, and the number is expected to increase, according to Petroleum Information Ltd (PIL). AReuter - 259 words
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Article317 1986-05-27 19 AFP MOST loading areas witnessed an increase in demand over the past week on the tanker market accompanied by a sharp rise in rates, particularly in the Gulf states area. Better demand of late could well be the result not only of lower oil prices but also ofAFP - 317 words
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199 1986-05-27 19 Fairplay THE PORT OF Auckland saw a 5.4 per cent drop in trade during the 1984/85 financial year, in spite of a record throughput at the Fergusson Container Terminal. Throughput at the port totalled 6.1 million tonnes, four million tonnes of which wereFairplay - 199 words
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125 1986-05-27 19 AFP EEC SHIPOWNERS and operators have been pressing the community to adopt a joint maritime policy to counteract the steady decline of the EEC merchant marine. The merchant ships of the 12 made up only 23 per cent of world tonnage this year,AFP - 125 words
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Article188 1986-05-27 19 THE MAJOR shipping consortia operating between the Far East European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container188 words
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91 1986-05-27 19 AP RESCUERS yesterday continued to search for 10 crewmen missing from an Indonesian fishing vessel which sank last week in western Irian Jaya waters, the Indonesian National Search and Rescue Agency said. The agency said the 30-ton KM Cakalang with 17 crewmenAP - 91 words
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Article454 1986-05-27 20 May 28-29 Subsea Defence '86 conference, the applications of commercial subsea technology to the defence industry, Crest Hotel, Bristol. June 2-7 Posidonia, international shipping exhibition and conference, Piraeus, Greece. June 3-5 Power Europe '86, power supply and conversion exhibition and conference, Rhein-Main Halle, Wiesbaden, West Germany. Juim 5-6454 words
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6797 1986-05-27 24 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.6,797 words
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Article681 1986-05-27 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 Or Chief 48E 27.5.86 1700 Jardine F1 0800-0900 B8 Nihon 156 27.586 1700 Ned-EAC F7 0800-0900/0700-0800 P2/S2 Kitano Maru 72/539 27.586 0900 Borneo Fl 1000-1100/0900-1000681 words
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Article1655 1986-05-27 25 Who acts for whom The leading shipping lines operating Irom local ports and their agents. A—l A Top Enterprises Pte Ltd Some (S) AS Skipping Bousteod Shpg Agencies Ateo Lme African Shpg Agencies (S) Akrenkiel Liner Kim Shpg (S) Alfred C Toopter Oceonus ShippmgAgencies (S) Multport Sdn Bhd (PK) American1,655 words
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Article514 1986-05-27 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Agnes Venture B T onsberg Equator 5 Ever Peace Kris Melek) Rojah Brooke Wumen Alfesam Larkspur Tamatai Samoa Yuheng No 2 PASIR PANJANG Bonanza Nha Trong 2 No 7 Donam Toga Maru Z SoJovyev Ambassador 1 Ikaguri514 words
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Page 17 Advertisements
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Advertisement759 1986-05-27 17 Available at all <At' u good bookshops |IV SRScral WJ* PUBUCAT »NS oCjf THE HEART OFTHE DRAGON OOCL Orient Oveiqeas QmJtkm Line STRAITS EUROPE EXPRESS SERVICE IMOK SMVfVS AGENCES (Ret lb. 242*4/ 00K) 70 Shwiton Way #044)3 Manna Hoase Smpport 0707 Tel *****11 TELEX NO RS ***** CfS OffCE TfC759 words
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Advertisement71 1986-05-27 17 THE US NAVY plans to start sea trials this autumn of the first American hospital ship built since the Vietnam War. Peg* II UNITED States Lines will this week re-intro-duce its round-the-world vessel, American New Jersey, which has been out of action for more than two months for repairs. Pag«71 words
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Advertisement1003 1986-05-27 17 I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co Pte Ltd. TEL: *****33 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS To California USf Gull US A-Untie1,003 words
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Page 18 Advertisements
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Advertisement381 1986-05-27 18 > 4 Pacific North WMt Feeder at Kao YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Atlantic/Canada Fasdsr at Koba \U7TM\ imnio irna jll'jy I I W'IW'IM IBBIMIMII J±JM ra IB Eg WZ~~T~m F3im CM ii i■! i ■nninr I i I —I Uli■ I li■ 11 I T'lT'lM I |J. 'JJ ,11,.11 MIDDLt381 words
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Advertisement127 1986-05-27 18 I l^-TV^V Supercarrier Service H—tm (MB). 1 Franca. Araba. Caracao. tntftmm, Freepon St Gaorfes. Gewfeta Paerto Liana. Saa Int. hi (MM Stadia* aMSaiOapaaL h««tn. Ourtetta. Snfc i. Part at Span. Hanrfton. taptsn. St tohns Basse lam. Castries. Fart 4e France fomt A Pitre Part aa Prmce I Puerto Cartes Guatemala127 words
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Page 19 Advertisements
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Advertisement914 1986-05-27 19 ■IfWt The Straits KflV Steamship Group STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok h Pert/21 Mil 30- 31 Mar BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO ■NTANG BELAIT mum note STRAITS VENTURE sium ran MR SARAWAK AW) BRUNEI team cargo oik sals Vl4 Muu. KK914 words
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Advertisement755 1986-05-27 19 Franco Belgian Services ir «*f br.tu h with H<-/i; i.i nbi r b .i* I frn iru COWMP anp TO HMO* www STOBf r JKLME It Itam rta Fltaat Hm M CMNI com MO 21 Mar <2« Mar) 1* Mi 17 tm Ml* 21 km 22 km 2* km MOT*755 words
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Page 20 Advertisements
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Advertisement464 1986-05-27 20 Hapag-Lloyd TO CONTINENT UK Utmm Mm 27/5 25/5 tub Bit 4/6 6/6 ■MM E*ra» 11/6 13/8 tatai lay 11/ C 2t/t Mm Han 26/6 28/6 CRy «t IMw|k 4/7 C/ 7 Fratfvl Eipms 11/7 13/7 ?«Ua Eipms 15/7 21/7 tta Mm 21/7 30/7 Oulu Bar (/I hM Eipr»n U/l 13/1464 words
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Advertisement96 1986-05-27 20 f JtG.&.LINE tl»ft l■ o»»n» FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 4 Member of the Ace Consortium EROM EUROPE VIA SUEZ 8 Member of the Ace Comorbum NETTUM OirSTAI 341 KOK■ KKN] Fill I v CONIAIN! RISE 0 10 FROM NORTH flMf RICA rtFSI COASI CONVENTIONAL SERVICE TO IRAN/PERSIAN96 words
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Advertisement549 1986-05-27 20 4L Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** lITCTT INTERMARITIME LTD K. Knafeato (Sab A|ant) M *****0 iakarta (Safe Ac«at) Tat (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAHJWGB a u susr n n nioMa a ZAMBBIW su SM SU Sid biPt 3/C549 words
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Advertisement543 1986-05-27 20 r O EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) also accept* Ld/ra t Fa/fa to GOnOMK. ÜbU CVOMMOL OSLO. STOCFHOUB. HELSNU. I LOBON. SOUTHAMPTON. MANOCSTEI MMMEHML UKFPOOL. QJ US WEST COAST also accept* coso to1) LORE KMX OKLMB. SM DHO. KMH STOCKTON. MUM*. 2) ATLANTA.543 words
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Page 21 Advertisements
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Advertisement704 1986-05-27 21 MAiiH V\V PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT OOWA KOTA SINOA SIN JKT SBV SIN HKQ KAO »TCH KEE BUS *MUR *MTC YOK KOB KEE m Port S«M S«M 29/5 2/S 3/6 5/6 5/6 l/« 10/6 12J9704 words
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Advertisement736 1986-05-27 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTMENT Brown Eiprns SM K osteon Bay Saied Mint Mara Saied C*r M Itrtut* Mnl Frank hrt Eiprns 1/1 TMia Eiprns 9/C Krtjno Eiprns lt/< Out* Bay 25/6 Bremen Eiprns 2/7 B°HAVENRDAM HAMS STON Saltd Saied Saied Saied736 words
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Advertisement501 1986-05-27 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.f. GESURI LLOYD F T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD "express semi containership services SINGAPORE TO EUROPE S'pare Genu Bfcao Le Hjwetifci Adam/RdamH'brt GANDA BHAKTI' Vl5-MB 64/6 3/7 10/7 13/7 15/7 18/7 20/7 S'parc Bftao A4am/Rdam Hamburg/Bremen MATAAAM Vl5-NB 20-22/6 15/7501 words
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Advertisement413 1986-05-27 21 BOUSTEAD SHIPPING AGENCIES SITTNAY V 24 AUNGZEYA V 393 HTONEYNA V2l2* PAr 4 m MMW PA-AK *95* •Ondurpnc (Mr V* BURMA FIVE STAR (Burmese National Line) Loadnc for Rangoon Spore P.Ketanj Penary I 31 ttay/3 km 30/31 May I I 7/11 tm 11/11 km 12/14 hsi 21/22 Mar BANK LINE413 words
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Page 22 Advertisements
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Advertisement1246 1986-05-27 22 K KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEEDIJ VS. MOTTO VSI SPORE PRL6 PNG SPORE KOBE GUAYAQUR CULM ARICA KJUQUE AfASASTA S.ANTMBO VALPARAISO ASIA SIM Ml AHUM V 0904 21 fey 29 Man 30 May 1 Jui It km 24 U 30 U t Auf I Auf 9 Aut 14 fan1,246 words
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Advertisement735 1986-05-27 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* PKetang 1111*1 Vessel CALABAR V 26 20 ten ESTECIIPPER V 5 1W ESUCimR V 6 3 Aug iiw Vessel S pore MHb frern Sydn Also Accents RAWAS V 23 12 ton 2? ton 7 Jul 5 M Adel/Bris CHMOOAS V2O 28 ton 13735 words
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Advertisement642 1986-05-27 22 GOLDEN LINE GUAM GUAN SHIPPING (PTE) LTD 23. IM *r« SnCtfOH 0104 TIE 5343M0 (10 UKS) STRAITS/PERSIAN GULF SERVICE: Spo GOIDCN HAVEN Colombo Haraclii Bombay Dwtm 2/3 > eaowcntcolonibo H*Khi'Oii«Mi' Bahrain 20/22 CHINA OCEAN SUPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CNNA GANJMNG 24/5 Rotlerdam/Haii*w( MALAYSIA/AIUIAM CIILF COMTAMER SERVICE ■K|642 words
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Advertisement573 1986-05-27 22 IMTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa P At-* Singapore 0207 Tel ***** 1 1 1 O L nest VOaAtIAUIS <► BREAKBULK SERVICE TO EUROPE/UK musi (rn) in ■ITMB SMPPMC CO MTMCSVnKCO i Z24CSII 7m71« <*****/2 PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (B LINES) TELEX RS *****573 words
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Page 23 Advertisements
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Advertisement706 1986-05-27 23 n NOL NEPTUNE ORIENT LINES LTD Agaih S pae NEPTUNE AGENCIS PTE LTD. Id Mt office Temaui CfS BOOKMGS *****77 FE EU/AUST TPA/SIA 271*77 *****22 *****53 OKCT I>K *****53 *****42 I B*ru HARPER MRA SOU. BHD **•<» f Kti»| HARPER MRA SO*. BM>. 3M7MI *«2«« P lap HARPER IMRA SON.706 words
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Advertisement414 1986-05-27 23 DONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON »/4 2/4 15/4 14/4 24/4 4/7 MAI «»SI» ftGINIS lUNAS SHIA SON BHO K1 TH 4 1 f PK lel 389*>64 Pf N Tel *****5, *****b «IS Sport Pwl Kdjnf N> 7 Dvum W4N ki414 words
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Advertisement777 1986-05-27 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****33 (15 Lnes) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG prw M/S SHARKAT NAM SOON SON BHD. IST AND ?NO FLOOR. WSStS HAJ TTWK JUII_ NO 1777 words
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Page 24 Advertisements
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Advertisement361 1986-05-27 24 F REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) WJ in.ii. w iim m SMGAPOK TM/WM IBEIEEja lEEIQIEI EO TTT^ u irn ira "ipDEI »"Fi^ingsi I.^TTOH TO SOUTH THAILAND 1 Uim Cmrl llJim nm fTHTTZI mm mi MALACCA STRAITS FEEDER SERVICE TUKE WEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTMGHTLY TO BELANAN m361 words
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Page 24 Miscellaneous
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Miscellaneous174 1986-05-27 24 Regional Weather Wk 7a A S Stfl V- 33 II 8* 5 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: K Thunderstorm Temperature Weather Wind direction with speed m knots Wove height Cloudy Sky Surface winds ore indicated by orrows which fly with the wind One futl174 words
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Page 25 Advertisements
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Advertisement100 1986-05-27 25 MBC MEMOES K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHAKU I£Q3HP SPORE *****15/*****56/*****41/*****93 *****1/4 TERMMAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22tt6t/*****1/222t35 ■***** FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE n I::: j 111 il ■MrTMrTM H "i/'.'-MtTf Iff! ii '.r'Uffim iGisjEanMCTtzjiaEaiiiii IBUJJUIMLJLL^JIiaiIJiEZI iCTrnwiTTUpprTTTy t. "■[rriynMm 11 'i/.'.'TTTTTW na r.n ■iitkl STRAITS/TAIWAN/JAPAN CONTAINER100 words
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Advertisement122 1986-05-27 25 YFS IKfTFPNATIONAI [EE TFB VOY 105 TFS VOY 1M TO HAMBURG TFS VOY OS* TFS VOY A3* TFS VOY TW Eta Fan 30/5 7/S Eta Fan Eta Hbg 29/5 22/6 PWEY Eta Pan Eta Mai 7/S 27/S ELUHQ Eta Fan Eta Kaa 27/S 3/t Eta Mm 2S/6 Eta Sjrd %n122 words
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Advertisement74 1986-05-27 25 Scan Dutch tf TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDMAVIA) TO RED SEA-MEDITERRANEAN CASABLANCA TO HONG KONG-TAIWAN-JAPAN-CHINA 4 PENANG P. KELANG 22/5 5/1 12/* U/t a. taMt/as Un%a«/22S Ma*/235 FROM EUROPE S)MWLLES 1) Q'BUnQ 2) H*BURG 3) BTMVEN 4) R-DAM I'M 'in a .1 J. Nnal/215 Hafca/225 FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA-MEDITERRANEAN74 words
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Page 26 Advertisements
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Advertisement341 1986-05-27 26 ft °s*',jty Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA MARU ATLAS MARU APOLLO PEAK 29 May Port Louis. Reunion 6 Jun Mombasa. Daressalaam, Tanga 26 Jun Port Louis, Reunion HIMALAYA MARU 12 Jun P. Noire. Abidjan. Monrovia. Apapa. Warn, Lome. Tema AFRICA'S M°lJ iUWU'JJ Y|i r w umA FULL CONTAINER341 words
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