The Business Times, 8 July 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, JULY 8, 198« 75 CENTS
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  • 315 1 MOST OF THE foreign staff of the Mass Rapid Transit Corporation (MRTC) have opted for the gratuity scheme which was offered to compensate them for the cut in employers' Central Provident Fund contribution. "Of the 250 expatriate staff, a dozen have opted
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  • 137 1 UPI UNDER A UN-SPONSORED agreement, New Zealand has agreed to release to France two French secret service agents jailed (or manslaughter in the 1965 «twiring of the Greenpeace ship Rainbow Warrior, in exchange for US$7 million. Prime Minister David Lange said his country accepted
    UPI  -  137 words
  • 512 1  -  Factory to use surface mount boards for assembly work By LUCY NG SEAGATE TECHNOLOGY is setting up a second printed circuit board (PCB) assembly plant in Senoko to service its production of an intelligent disk drive, a computer data storage and retrieval
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  • 441 1 A RELATIVELY young company, Seagate Technology, has become the biggest employer In the manufacturing sector. The American disk drive company now has more than 5,000 employees in two factories, up from 2,000 just 15 months ago. When it first started in late I£B2, it had only
    441 words
  • 252 1 SHARE PRICES (ell across a broad front on the Singapore stock market yesterday with Malaysian counters leading the decline. Trading was quiet. The BT Composite Index dropped 7.61 points to 619.85 and the Straits Times Industrial Index fell 10.35 points to 725.38. Volume was thin
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  • 347 1 UPI US LABOUR UNIONS are redirecting their recruiting efforts away from blue-collar workers and towards professionals such as teachers, nurses and doctors. According to labour arbitrator Joseph Yaney, "Unions as a whole have decreased substantially in membership over the past several years." Mr Yaney,
    UPI  -  347 words
  • 104 1 AFP THE RULING Australian Labour Government will be asked by a conference of party delegates to consider the introduction of quotas and import levies to control the growing trade deficit. Trade union leaders John Macbean and John Halfpenny told a press conference in Hobart
    AFP  -  104 words
  • 395 1 UP! BUOYED BY a stunning election victory, Prime Minister Yasuhiro Nakasone yesterday pledged that his government would try to stabilise foreign exchange rates satisfactory to both Japan and the US "on a long-term basis". Mr Nakasone made the promise after the ruling Liber-al-Democratic
    UP!  -  395 words
  • Page 1 Advertisements
    • 134 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM BT TOP 100 COMPANIES GENERALLY found it difficult to achieve a reasonable return on funds invested in the business due to the slowdown in the economy last year. BT's latest mid-year ranking of the Top 100 companies based on shareholders' funds shows that only
      134 words
    • 247 1 wm SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AMCRAFT SCHEDULE CROSSWORDS TV S RADIO BRISTOW DOONESSURY OUR VIEW FORMER PHILIPPINE Foreign Minister Arturo Tolentino hos upset the growing stability in the Philippines for no apparent reason other than a desire for political power. He spared no thought on the consequences of
      247 words
    • 151 1 '.@:;~&:;&*~&.}~:`>{)/*[@./(?=" "Anything to declare T' u im ence forKLM." An airline's reputation depends on the quality of its services. Both on the ground and in the air. That is why KLM's friendly, helpful and efficient staff goes out of their way to make your flight as pleasant as can be.
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    • 55 1 Uj Shipping company makes waves PACIFIC INTERNATIONAL LINES has expanded from a small-time operator trading in coastal waters to become the largest and most successful of private shipping companies in Singapore. LINDA CHEE gives an in-depth profile of the company and managing director Y C Chang in Pages I and
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  • HOME NEWS
    • 457 2  -  By MARTIN SOONG PROBLEM-RIDDEN PT President Taxi of Jakarta, the city's leading taxi operator, is open to management assistance from NTUC Comfort. This follows a recent visit by 44 NTUC Comfort officials to PT President Taxi's headquarters. "In our opinion, Singapore's
      457 words
    • 564 2  -  By ANNA TEO AIWA OF JAPAN has big plans for its Singapore manufacturing plant but it is weighing carefully the cost effectiveness at making big production moves here, said its deputy president Hajime Unold. A visitor to Singapore many times over, Mr Unoki's recent visit was,
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    • 409 2 THE SINGAPORE Sony office has forecast a 25 per cent increase in sales this year to $120 million, a return to the peak achieved in 1960. The trump card for the Japanese multinational is new innovative products, said T Kobayashi, the managing director of Setron
      409 words
    • 235 2 EXOTIC HANDICRAFTS and contemporary furniture from China and Mauritius will be on show for the first time at the fifth Singapore International Furniture Show to be held at the World Trade Centre from Oct 4 to 12. The Chinese pavilion, organised
      235 words
    • 398 2 FOUR SUB-CONTRACTS to supply reinforcing materials (or the Man Rapid Transit system have been won by VSL Systems Pte Ltd. The awards will enable the company, which is a partnership between Swiss and local interests, to maintain its turnover at around $10 million this
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    • 433 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Jul 14Construction Plonning Construction Singapore *****77 Sep 15 House Contractors Association Ltd Training Centre Jul 14 l/S Security and Institute of institute of *****04 Controls Systems Science, Systems Science, *****66 NUS NUS ext 2096 AjI 14 Annual Management WTC Convention Singapore
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    • 419 3  -  By BOEY KIT YIN MORE THAN 5,000 small- and medium-sized local enterprises will profit from financial support by the Small Enterprise Bureau (SEB) in a training programme conducted by the Singapore Chinese Chamber of Commerce and Industry (SCCCI). This is the third training and
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    • 245 3 TWELVE CONVENTIONS with at least 1,000 participants each have been booked in Singapore from 1987 to 1991. Singapore will play host to its largest conference ever when 9,000 delegates convene for the 13th World Congress of Gynaecology and Obstetrics in 1991. But before this,
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    • 348 3 FIVE TRAINING programmes were recently launched by the National Productivity Board (NPB) to help managers of small-and medium-sized enterprises (SMEs). The five courses are designed to provide local businessmen with management skills and knowledge. The courses will cover management assistance; financial management
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    • 411 3 EQUIP'HOTEL, the Parisbaaed organiser of international food shows, hopes to attract more Singaporeans to its exhibitions. Promosalon, the Singa-pore-based Asia representative of Equip' Hotel, will step up its direct mailing and other promotional activities for Equip' Hotel's two major food shows the Salon
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    • 428 3  -  Occupancy rate of 77.4 per cent By LEE HAN SHIH Property Correspondent IN SPITE OF efforts to boost the market, developers were left holding 6,907 Oats and condominiums at the end of March. At an average cost of $360,000 per unit, the unoccupied
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    • 400 3 OLIVETTI is a name associated with typewriters but the company is moving in a big way into a more sophisticated office keyboard the computer. The company sold 1,500 personal computers last year, or about 5 per cent of the total number of
      400 words
    • 90 3 DR WONG KWEI CHEONG, the Member of Parliament for Cairnhill, will ask the Minister for Communications and Information, Dr Yeo Ning Hong, two questions concerning the Singapore Broadcasting Corporation at the next parliamentary sitting. He wants to know
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    • 264 3 VAHAN ERONIAN as been appointed the first vice-president and general manager of the Singapore operations of American Express Bank Ltd. Mr Eminian, who has been with the hank since 1977, has held several positions in the credit and business development areas. A graduate in economics from the
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  • Page 2 Advertisements

  • Page 3 Advertisements
    • 64 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. 3.1J km to Jurong Port off Jalan
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    • 129 3 WORLDWIDECOURER Changing the way the world does business. t I X < t A V > ITMsSh a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 9:35. So you arrive in Seoul in the afternoon. And once you 're
      129 words

  • ASIA-PACIFIC
    • 885 4 ARRIVALS Operator Service number Local time From SJA UA CAL CAL FT SV SIA CAL MAS MAS MAS MAS SIA AC CPA RBA GIA SIA SWR SIA THAI SIA SV MAS GIA SIA SIA GIA SIA GIA SIA SIA LUFT SIA GIA SIA SIA THAI MAS THAI
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    • 401 4 Japan Socialist Party is the biggest loser UPI JAPANESE Prime Minister Yasuhiro Nakasone's Liberal Democratic Party held its biggest majority in Parliament yesterday after a stunning landslide election victory that could win him a third term in office. "I didn't think we would win this big,"
      UPI  -  401 words
    • 410 4 PHILIPPINE President Corazon Aquino yesterday set a 24-hour deadline for Arturo Tolentino, the former running mate of exiled president Ferdinand Marcos to call off his "desperate attempt" to challenge her government. Mrs Aquino told reporters that the situation was under control, but promised that
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    • 176 4 Bernama A MALAYSIAN is to publish a who's who of prominent Asians living in Australia. Mr Jasheer Singh, a former Kuala Lumpur businessman and now m*n»g<ng director of Oriental Publications in Adelaide, said the book, to be called 'Australasian Who's Who', would have about
      Bernama  -  176 words
    • 316 4 Reuter PUTTING ASIDE years of mistrust of the Soviet bloc, Indonesia is aiming (or a major expansion of trade with Moscow and its East European allies. Major-General Subiyakto, the head of the National nffwiff Ommß which advises the government on political and
      Reuter  -  316 words
    • 123 4 Reuter SOUTH KOREA wants to reach agreement with the US by the end of this year on fixing new ceilings for its textile exports. Trade ministry officials in Seoul said yesterday that the two sides, which failed to reach agreement last month, agreed to resume
      Reuter  -  123 words
    • 342 4 Reuter THE AUSTRALIAN budget deficit for 1965/86 ended June 30 is estimated at A 15.74 billion, above the projection of A 54.92 billion made last August. Treasurer Paul Keating and Finance Minister Peter Walsh said yesterday that about one-third of the over-run of about AsB2s
      Reuter  -  342 words
  • Page 4 Advertisements
    • 340 4 BMW I BMW 7 series. But they are reluctant to do so, because H there's news adrift that the new BMW 735 i will be making an exhilarating entrance sometime next year. (Incidentally, that is no rumour. It's the truth alright.) We know every motorist worth his salt, would rather
      340 words
  • Page 4 Miscellaneous
    • 86 4 Doonesbury comvwm, if you am ACCOUNT FOR MUCH OF THE *z? million we sent you J LAST YEAR, WHY SHOULD I CON6RESS HAND YOU ANCFTHER'IOO MILUON* SI SENORA. A COUNTER-REVOLUTION POESNT COMB CHEAP. THAT* WHY THERE MM HAVE BEEN SOME ABUSES WTTHWE*ZTMILLION. THE MEN JUST CDULPNTTHKE m 0 9 BY
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  • REST OF THE WORLD
    • 347 5 NYT THE SOVIET leadership has indicted the nation's system of higher education and announced a sweeping programme to make it more responsive to the needs of a modern industrial economy. The higher education programme, presented in the form of a draft decree
      NYT  -  347 words
    • 159 5 UPI SURGEON GENERAL C Everett Koop has prescribed an aspirin a day to people beginning their 4Qb to prevent heart disease, saying he takes his own advice. Dr Koop, appearing on CBS television on Sunday, said taking one or two aspirins a day increases
      UPI  -  159 words
    • 240 5 AP SYRIAN TROOPS controlled a key highway intersection connecting Beirut with central and southern Lebanon yesterday as part of their expanded efforts to end the lawless reign of Muslim militias. Helmeted commandos of the Syrian army's special unit corps set up a checkpoint at the
      AP  -  240 words
    • 148 5 Reuter THOUSANDS of coins thrown by tourists into Rome's Trevi Fountain every day are going straight into the pockets of thieves. Police in Rome said yesterday that a man and a woman they believed were employed by racketeers to rake in 300,000 lire
      Reuter  -  148 words
    • 536 5 Reuter A WAVE OF television advertisements and newspaper publicity is asserting the safety of nuclear energy in Europe and beyond, where radiation spread earlier this year from the Chernobyl nuclear disaster. In Britain, a television advertisement of British Nuclear Fuels invites
      Reuter  -  536 words
    • 182 5 AFP INTENSIVE diplomatic efforts were still underway between London and Pretoria yesterday to save the proposed European peace mission to South Africa led by British Foreign Secretary Sir Geoffrey Howe. Sources in London said Sir Geoffrey was planning to arrive in Johannesburg
      AFP  -  182 words
    • 688 5 AP THE FEDERAL RESERVE, which has tried twice this year to revive a sluggish economy, is likely to make a third attempt, an effort that will drive interest rates down further, many economists believe. Fed policy-makers will meet behind closed doors
      AP  -  688 words
    • 170 5 Reuter THE US economy made a complete turnaround in June after a strong increase in May, says the National Association of Purchasing Management in its monthly survey of 250 purchasing managers. Last month production, employment and inventories fell and new orders were at their lowest
      Reuter  -  170 words
  • Page 5 Advertisements
    • 203 5 m -■<$< 'im 4** y :Y M u If your flights to Bangkok have always been nothing more than two hours of blue skies and an indifferent newspaper, we invite you to read on. Thai has covered the mileage to make flying to Bangkok an experience to be savoured. Because
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  • RAW MATERIALS
    • 514 6 Restrictions to be relaxed Reuter THE JAPANESE Ministry of International Trade and Industry, Miti, plans to ease restrictions on trading in some commodity futures with the aim of increasing competition among brokers, forcing out unethical operators and increasing market liquidity, government officials and
      Reuter  -  514 words
    • 652 6 COFFEE ROBUSTA FUTURES edged lower yesterday morning, initially on firmer sterling and then on lack of interest up to the midday recess. Contracts ended with losses of £5 to £16 a tonne, although the volume of 318 lots reflected hesitation ahead of the New York market's re-opening after
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    • 176 6 Reuter SOME 70 countries accounting for most of the world cocoa trade resumed price talks yesterday with hopes for a successful outcome boosted by the participation of the Ivory Coast, the world's largest producer. Traders in London and New York said prospects for
      Reuter  -  176 words
    • 308 6 UPI AN ANNUAL US$BOO million rice subsidy programme, created by the US Congress, will boost American rice sales and have a sharp impact on the world's market, the Washington Poet has said. The programme, created in Congress over the government's objections,
      UPI  -  308 words
    • 163 6 Reuter SRI LANKA's Food Department has decided to allow the private sector to resume importing sugar, hut only 20,000 tonnes on a trial basis. Government and industry officials said the Food Department was finalising licensing details with the Sugar Importers Association, which
      Reuter  -  163 words
    • 245 6 BMQAPORE THE MARKET yesterday closed slightly firmer with August One RSS buyers quoted at ***** cents per Idlo, up cent from last Friday, dealers said. Trading in TSR 20 market remained quiet throughout the day but prices rose fractionally in the afternoon session on aome covering interest especially of
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    • 134 6 CMimn Produce Exchange Sellers' noon closing prices on July 7 (S$/100 kg). Coconut oil Bo* FOB 48 00 Oid drum FOB 61 00 New drum FOB 6500 Copro 26 Mixed (loose) buyers Popper Muntok White FOB NLW 1192 50 Sarawak White FOB faq NLW 1177 50 ***** *****
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    • 196 6 MALAYSIAN crude palm oil prices yesterday closed slightly higher on late covering interest, supported by reports of India's processed palm oil purchase last week, dealers said. Trading was uncertain initially following the closure of the Chicago soybean complex on Friday, they added. July deliveries in the south and
      196 words
    • 94 6 Reuter THE PBICE sa the lull Lam par Tin Market, KLTM, yesterday rose •■e cent to elese at MfUM per Idle sa scattered haying Interest, Farther Japanese and leeal eevertag pasted the prlee slightly higher while the steady laattracted eaattaaed offers. Taraever rsae to in toaaes frem SI
      Reuter  -  94 words
    • 65 6 Bangkok (USS/tom*. FOB) White Rice 100% 1st class 250 100% 2nd closs 220 100% 3rd class 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rice A-1 Super 118 A-1 Special 115 C-l Special unq C-1 Ord unq Loonzoin Rice 100% 1st grade 100%
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    • 346 6 RAS prices ia S cwti% FOi n b ol*» NOON CLOSE Ivynre SMMWS lay art > -M- Jtetn Int 1 RSS Prompt 174 00 175.00N 174.50 I75.50N Int 1 RSS Aug 86 172 00 172.50 172 50 173.00 Int 1 RSS Sept 86 172 00 172 50
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    • 101 6 (centi/Vg, 1-ton p AUG 86 SEPT 86 (currant month) NOON \Torworo mofiiw/ NOON RAS ■wrers SoNofs Bwywt Soilwr% SSR 20 IS8 50 160 50N 159 00 I6I.00N SSR 50 155.50 157 50N 156 00 158 00N MRELB lyytn Buyers S#Mcn SMR CV 230 00 232 00N 231
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  • Page 6 Advertisements
    • 227 6 Rabobank: your partner for business with the Netherlands. Rabobank Nederiand, with offices in Singapore, Hong Kong and Jakarta, provides a personal service to companies with trade relations in die Netherlands. Rabobank is an "AAA"-rated Dutch co-operative banking institution with total assets of U.S. $48 billion. It ranks among the largest
      227 words
    • 58 6 TT TTT 24 25 JULY 1986 HOTEL MERIDIEN, SINGAPORE MANPOWER MANAGEMENT FOR EMPLOYERS AND PERSONNEL PRACTITIONERS DOWNSIZING REDUCING WAGE COSTS.... PERFORMANCE APPRAISAL NEGOTIATING SKILLS WAGE NEGOTIATIONS FLEXIBLE WAGE SYSTEMS CAFETERIA OF FRINGE BENEFITS COLLECTIVE AGREEMENTS PROFITS... PROFIT SHARING PLANS call CALL THE CONFERENCE DIRECTOR, OR MANAGEMENT PTE LTD FOR «THE
      58 words

  • WORLD BACKGROUND
    • 549 7 AFP THE PEOPLE of Macau may miss the chance to assert control over their own affairs unless China and Portugal allow time for the development of an administration in which local Chinese have a major role, political observers in the
      AFP  -  549 words
    • 420 7 Reuter AFTER YEARS of living a eign cigarettes have been lie, South Korean lovers of fined up to one million won foreign cigarettes will soon (US$1,100). Some even lo6t be free to come out of the their jobs, closet and proclaim their Now
      Reuter  -  420 words
    • 901 7 Reuter AFTER A STRING of US space disasters, experts are asking if America's proposed Star Wars system can even be lifted into orbit, let alone work as a leak-proof antimissile shield. The sceptics, who include many top US scientists, point to the awesome technological hurdles
      Reuter  -  901 words
  • Page 7 Advertisements
    • 44 7 K I K oi i p-nls mcnit'l !>v .!,t«*«jrr 1 .<• >Milt re \utomatii m<n«'mrnt wit It t nmplt'h' alrmia Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C. I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd
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    • 131 7 the™ s <; o u K r".Vr —f t ~T r'm fi f L f 1\ I v ,f *.n i i t T" 7 HI I x- i»T "> T j <■■ *dr 1 A* m, nA U nv m m* > y <■&•■■# Wwwmkrt fei&> fe, .»*i 3*'
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  • FEATURES
    • 508 8 FORMER Philippine Foreign Minister Arturo Tolentino is probably suffering from an illusion of "people's power". He said yesterday he had proclaimed a new government in defiance of President Corazon Aquino because he had to answer the call of his people. "They rally, they shout, 'take
      508 words
    • 1430 8  -  Banks are the most innovative users of information technology and this is changing the business of banking. DAVID GABRIEL looks at some of the interesting opportunities thrown up for banks and their customers. DAVID GABRIEL INFORMATION TECHNOLOGY (IT) is one of three fundamental
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  • Page 8 Advertisements
    • 168 8 Make it your Business to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its NEW form, it makes it possible to stay in
      168 words
  • Page 8 Miscellaneous
    • 723 8 CRYPTIC PUZZLE ACROSS 3 Changes direction by on afterthought (5) 8 Cockney dukes (5) 10 Where booze can be an anaesthetic? (5) 11 Gosh, even a horse understands this! (3) 12 Letter to Lima, perhaps, from another city (5) 13 That comedian chap who took a learner in (7) 15
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  • SPORTS
    • 406 9 AFP BEVERIANO B&lkoterw made geffiag history with his foarth EnrtpeM tow wto to a rew aad Iris fswth Preach Opes title to all at the La Beetle Cewse to Versatile sa Sunday. After seertag a three-aader-parNfwaW total, 1» sader par, the
      AFP  -  406 words
    • 273 9 AP BRITAIN'S Nigel Mansell in a Williams-Honda won Sunday's French Grand Prix, his third victory in eight races, putting him second in the world championship by Just one point. Reigning world champion Alain Prost of France was second in his McLaren-Tag-Porsche. He is leading in the
      AP  -  273 words
    • 1016 9 Not the world's best, but a master on grass Reuter BORIS BECKER stunned topseeded Ivan Lendl 6-4 6-3, 7-5 on Sunday to retain his Wimbledon singles title and emphatically confirm that he is the world's finest grass court tennis player. Striking magnificent form just as Lendl fought
      Reuter  -  1,016 words
    • 325 9 UPI SEVEN-TIMES Wimbledon women's singles champion Martina Navratilova missed her chance on Sunday to score a title triple as she and partner Heinz Gunthardt lost in the Wimbledon mixed doubles final. American Navratilova, who won her fifth straight women's singles crown on Saturday with a
      UPI  -  325 words
    • 151 9 AP MAC O'GRADY fired a 62 then beat Roger Maltbie on the first hole of sudden death on Sunday to win the US$7OO,OOO Canon-Sammy Davis Jr-Greater Hartford Open. O'Grady, who is playing under the appeal of a sixweek suspension, missed a four-foot birdie putt in
      AP  -  151 words
    • 188 9 UPI Results of Sunday's matches (aeedings in brackets): Mea's singles final: (4) Boris Becker (WG) bt (1) Ivan Lendl (Cze) 6-4, 6-3, 7-5. Men's innbles final: (7) Joakim Nys-trom-Mats Wilander (Swe) bt (12) Gary Donnelly-Peter Fleming (US) 7-6 (7-4), 63, Men's sver-SS 4nMas final: (1) Marty Riessen-Sherwood Stewart
      UPI  -  188 words
  • Page 9 Advertisements
    • 188 9 ellesse A winner for a winner mrf-. ~s K w% ,S k With three WTnt>'»*' r' vi > US t 1 antl two A., .r. ct V-' PO kp' C-r fiS -!•> jo n -,fr v The Voire *ner J re'leou-d m he* >rt -»v b A |I .-Jo for
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  • Page 9 Miscellaneous
    • 1153 9 TO QGD QQIHK) THE LIVING BODY Into The World 10pm, Channel 12 The tumultuous events of birth ore followed in this programme, using specially constructed models to show events from the baby's viewpoint. The programme also shows how the physiological events immediately following birth have a careful role to play
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    • 89 9 Play gol£ the Sevvy way £%T THE TOPOP THE S¥PNG Taosr good playeas haye THE **CEOF THE CLU* SLIGHTLY CLOSED, a BUT HOT VEXV MUCH. (W THEY HAYEITVEKY Jf CLOSE TO SOCAGE, X>\ which ts y /S halfway serweEM/ A rjlly open (WITH THE TOE POINTING TO THE QAOUN& tl
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  • INTERNATIONAL COMPANY NEWS
    • 954 10 t interview with chairman, Sir Nicholas Goodison FT BIG BANG, says Sir Nicholas Goodison, the chairman of the London Stock Exchange, is not a miracle. "People are wholly beamed in on this wretched Big Bang. On Oct 27, I shall be
      FT  -  954 words
    • 730 10 FT THE NEW ZEALAND government has ordered an inquiry into insider trading on the stock market. Later this year, or early next, it will introduce new laws to curtail insider trading. These will be part of a wider review of NZ business
      FT  -  730 words
  • Page 10 Advertisements
    • 400 10 'vl I Witer® to wine, <iia« and saWala sr .i*. .-i /5$ M !M# /vJ -v; Lunch !l,im •j 30p f n dHiiy Sundays ,-inr; PuMic Hn|iri.w. Bnm 2 30p^ i^sjpy/ iM^Ptestdeiit More afternoon delights now at the v/ Mezzanine Lounge High tea buffet 3.00 pm to 6.00 pm daily.
      400 words
    • 210 10 Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat for the family. Weekday fare (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person). Two splendid menus for busy executives
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  • ASIAN STOCKS
    • 366 11 HONGKONG: Stocks closed marginally higher in thin and largely directionless trading yesterday. The Hang Seng Index finished the day 4.76 points higher at 1,761.52 while the broader-based Hongkong Index ended up 3.53 points at 1,100.28. Turnover slid to HKUSIS9 million from last Friday's $226 million. Brokers said institutions were
      366 words
    • 229 11 JULY 07 Al Sinew* Indut Aim Cam** MT 2.04 26.20 0.04 +0.2 +0 1 Kuochan Dew La* Chang Yuan Cham Mm ban Hwo btdus 22.80 32.50 12.75 39 10 +01 -2 +0 IS +0 7 Chang Hwa Bank 44.20 28 30 +0.4 1.5 Nat bivastmant ***** +7.4 Chn Hhi
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    • 254 11 JULY 07 Yea MMub Elec 352 2 Mrttub Estate 2090 30 Ajnomoto 1880 10 Mmub Heavy 400 881 2 6 870 -2 513 1 861 3 MMMa Shetotdg 156 inch 1300 40 Mitu* Smelting 370 inch Bank Of Tokyo 785 inch Mitsukoshi 1250 30 +10 1000 Mwoto Mfg 2020
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    • 57 11 JULY 07 hill Morcoppar 0015 0 002 Acoj* Mining PM Ovanao* 0.014 -0001 Anglo Phi Apax Mining B 001 uneh 138 .7 13 Son Miguel B 54 -1 0007 -0001 Bomc Mrol—i 0003 •0.0004 Sana Darby 10.25 -0 75 Banguat Con. B 80 4-6 Sungoo Can B ItaipM Laponto
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    • 524 11 SYDNEY: Australian share prices closed lower across the board in patchy trading yesterday, dragged down by a weaker BIO 3 and continuing bearish sentiment over the direction of the economy. At the close, the All Ordinaries Index was 6.6 points lower at 1,136.2 and the All Industrials was 5.7
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    • 100 11 JULY 07 Won Kongo on tnd WA Motor 1185 2010 -15 -25 1800 -10 1 Koton Ind 2100 -30 751 Karoo Long-Term 1385 140 Daewoo Corp 1280 1491 70 +21 Lucky Ltd Oriental Brewery 1450 1430 -21 •40 Dong Ah Phor 940 38 Pocihc Chemical 1315 1400 2250 +20
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    • 137 11 Reuter BANGKOK: The Securities Exchange of Thailand Index rose 2.26 points to 134.94. Turnover amounted to 520,079 shares valued at 94.7 million baht. Reuter JULY 07 Mm* Siam Corner* 539 4-20 Wn Citizens susp San OHnm Ao Kham Thai Aim Ffcre 11» +9 Siam Oy Ayvxfryo Investment... 140 +5
      Reuter  -  137 words
    • 56 11 AFP A LEADING Japanese car parts maker said on Friday that it would produce car parts in South Korea in a joint venture with Korean and US companies. Nihon Radiator's partners will be Samsung Radiator of South Korea and Blackstone of the US. The venture
      AFP  -  56 words
    • 238 11 AFP WEST GERMANY'S Daimler-Benz has said that it is finalising a tech-nology-transfer agreement with a Chinese enterprise which would enable it to produce up to 8,000 trucks a year. New China News Agency said last week that final details are being ironed out with
      AFP  -  238 words
    • 192 11 AFP INDIA FUND, a mutual trust fund of Indian stock market issues with an initial capital of more than £60 million, is to be set up in London by US investment brokers Merrill Lynch in collaboration with the Unit
      AFP  -  192 words
    • 255 11 UPI VICTOR COMPANY of Japan (JVC) will boost production of video cassette tapes in the US and West Germany towards the end of this year to meet growing demand and the yen's steep appreciation. A spokesman for the company, an affiliate of Matsushita
      UPI  -  255 words
    • 95 11 AP A US-INDONESIAN joint venture company, National Semiconductor Corp, will close down in September because of marketing difficulties caused by the prolonged world economic recession. Ginanjar Kartasasmita, the junior minister for promotion of the use of domestic products, said last week that he did not believe
      AP  -  95 words
  • Page 11 Advertisements
    • 577 11 Wbere t*> witic, dim aai egrtertaia ■H! IP 'jgSir^ 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 sky Tickling your palate with an authentic Indonesian
      577 words
    • 119 11 dUKV-MCflir Piking S Sichuan Restaurant HOKKIEN-PORRIDGE /Aa mf%pn Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time; 7pm 3am 1 >> 10*Miv<c«chvgct3%gov«nwwnltWMtlnclud»d PEKING SICHUAN RESTAURANT (CAimiHILL HOTEL) 19 Catrnhill Circla. Singapore 0922 Tal: *****98. *****22 ext 141/144 y 4 Our Daily Spedals!
      119 words

  • BANKING AND FINANCE
    • 574 12 Geneva trade fair an eye-opener on bank security of the future Reuter -BANKS of the future may idenSUfc account holders by their •retinas before dispensing cash •'«Settling bills. Jsuch new security measures -•ould replace other time-hon- lifted methods of safe-guarding like signatures, bank cards or
      Reuter  -  574 words
    • 317 12 Reuter 3JIP YEN BOND market is jppelri to pause for (roll Actors after a cool reaction to the likely lands»» antral election triumph by Japan's ruling Liberal Democratic Party. Bond traders said the market largely discounted thp yen's climb to a record Itfgb against
      Reuter  -  317 words
    • 177 12 AFP FINLAND'S national saving hank, Postlpankki, will float a new type of Euronote tied to the yen's value next month. rTbe Kyodo news service qppted officials of New Japan Securities Co as saying that the company's Lon-don-based subsidiary, New JUpan Securities Europe Ltjd, would lead
      AFP  -  177 words
    • 114 12 Reuter TAIWAN plans to issue 1 afrfct NT$395 billion of 1 government bonds be- 1 tween July 1987 and June 1 1983 to finance major con- i structkm projects. Taiwanese Finance I Ministry official in Taipei 1 yesterday announced that I the issue for
      Reuter  -  114 words
    • 197 12 AFP A FORMER AUDITOR of Heiwa Sogo Bank, one of Japan's major mutual trust banks, was arrested on Sunday for alleged involvement in extending excessively large loans to real estate dealers. The police said Shigeaki Isaka bad been arrested for alleged breach
      AFP  -  197 words
    • 400 12 Reuter THE NEXT LEG of South Africa's debt rescheduling negotiations is likely to go ahead as planned now that its debt mediator has denied reports that he washed his hands of the country because of its politics. Bankers in Johannesburg said that if
      Reuter  -  400 words
    • 89 12 Reuter SOUTH AFRICAN gold holdings fell 21.24 million rand to 2.90 billion rand in June after rising 323.58 million rand to 2.92 billion in May. In volume terms they fell to 3.79 million ounces in June from 4.06 million ounces in May, valued higher at an
      Reuter  -  89 words
    • 144 12 SOUTH KOREAN banks are expected to seek a combined US$2.B billion of loans in various forms in calendar 1987 against US$3.9 billion in 1905. Economic Planning Board officials, citing the board's recently prepared five-year plan, said yesterday bank borrowing in 1968 is expected
      144 words
    • 238 12 Reuter THE VENEZUELAN Congress has approved a new repayment plan for U596.9 billion of private sector foreign debt. In a Joint session on Sunday, legislators agreed on the creation of a foreign exchange compensation fund to which private sector debtors can pay foreign debts in
      Reuter  -  238 words
  • MONEY AND EXCHANGES
    • Article, Illustration
      756 12 Reuter BMQAPORE THE US dollar yesterday closed easier against moat major currencies, but above the day's lows, in moderate late trading, dealers said. They said sentiment for the dollar remained bearish due to a sluggish US economy and market expectations of a discount rate cut soon by the
      Reuter  -  756 words
    • 223 12 Interbank rates at 3pm yesterday: ■M 0mm *ooo parity ohaNfa Local dollars to o*a mat of fofii§R cw fancy. US dolar 2.1835 2.1845 ***** -22 56 Starling pound ***** 3 3859 7 3469 -53.96 Austrafcon dolor 1 4028 1 4057 ***** -59 09 NZ dolor 1.1714 1 1752
      223 words
    • 125 12 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/2 per cent yesterday, up 1/2 point from Friday. The one-month term rate rose by 3/16 point, the two-month rate rose by 1/8 and the three-month rate rose by 1/16. S$ Interbank rotes at 7pm yesterday: OHtr
      125 words
    • 288 12 Asian market ASIAN DOLLAR deposits rates yesterday closed steady at opening levels in quiet trading, dealers said. Overnight, Tuesday/Wednesday and week fixed closed unchanged at a common 7-1/9 7 per cent. Period rates were mostly unchanged and one month closed at seven 6-7/9 per cent, three and six months at
      288 words
    • 432 12 BA Futures SEPTEMBER Eurodollar yesterday opened uachanged from Friday's dose at 9&55 but continued buying interest on bullish sentiment saw the contract edging to 9357. Market activity was light mainly due to the closure of CME's market on Friday and with traders seeking further direction from the Fed. The
      BA Futures  -  432 words
    • 307 12 HONGKONG: GOLD yesterday closed little changed in moderately active trading as late profit-taking pared early gains. Dealers said there was strong buying interest in the morning as the dollar fell sharp on the expected election victory for Japanese Prime Minister Yasuhiro Nakasone and the tense situation in the Philippines.
      307 words
  • Page 12 Advertisements
    • 10 12 RESTAURANT 7 G7l t Ch# Prawns ifP^. u r^Ro»si MiMiMiWafeggll
      10 words
    • 64 12 14C718 *****2H 14CT3C Wee TUm CMt *****4F *****5E NOTICE IS HERBiY GIVEN tkat If wMMa faartee dale of pubbcatkM, ao data or rqweaeatattaa la original certificate* ia made la tke director*. arraai be Bade to iaaae replacement certificate* aad Ik certificate* will be dwri aad void. POO. BON h TAN
      64 words

  • SHARE INFORMATION
    • 3950 13 PROFIT-TAKING continued to take its toll on share prices yesterday, resulting in an rstirr close across the board. Trading was light and (eatoreless. The BT Composite Index fell 7.61 points to 619.85 and the ST Industrial Index dropped 10.35 points to 78il
      3,950 words
    • 168 13 SINGAPORE —t 145 +15 WCia *27.4* 419.00 S 1 A 715 +5 BThArim WNMIIMMIU DBS 695 +5 ITOMS -250 -4*4 in 405 +5 IT CAM -4454 -6795 mhn 157+3 rrotv -*****5 -iottis Ui hi 352 +2 STI 1 l .l 735.72 TMM gjssr 'fflS'ga Falls srrNnrti* *74.10
      168 words
    • 2510 13 BID and after prices officially Hated aad bnrian kiadnparted to the Stock Bcchanc* o< Sfa«apare yesterday with the —ihar q( dim traded dwn tn brackets la lots at UHO units unices «i—to spscMlsd All Ttane Settlement Contracts are qnotod after the word "SETT". Blf Bonrd
      2,510 words
  • Page 13 Advertisements

  • 1492 14 Ronk Compony Lost Year Group Gross Group Paid-up Paid-up Earnings Return year ended ShoreAssets Net Capital Copital at P« r on rank holders' less Profits as at Financial Shore ShoreFunds Contra mil) Jun 30 year-end (cents) holders' mil) Accounts 1986 mil) Fund mil) mil) (S) 1 DBS
    1,492 words
  • 997 14  -  Companies hit by poor economic conditions By CHAN Ol CHEE AS THE RECESSION took its toll on corporate earnings last year, only a handful of the top companies listed on the Stock Exchange of Singapore achieved a satisfactory return on hinds invested. An equal
    997 words
  • 301 14 OVERSEA-CHINESE Buktig Cwp has sold 30,000 shares in Singapore Press Holdings for $222,967. As a result, its holding in SPH now stands at 56 million shares or 23.84 per cent. BOUSTEADCO Singapore has voluntarily wound up a dormant subsidiary company, Boustead Air Cargo Pte Ltd. The declaration of
    301 words
  • 178 14 (8) Incorporated in Singapore. (M) Incorporated in Malaysia. (UK) Incorporated in the United Kingdom. AA Not ranked last year. F First year of listing. L Loss. NB All banks' consolidated assets exclude customers' liabilities. Capital reserves exclude goodwill but may or may not include surplus arising from revaluation of
    178 words
  • 526 14  -  By JOBCELYNE CHAN CEREBOS PACIFIC Ltd (CPL) is holding an extraordinary general meeting on July 23 to seek shareholders' approval for its proposed acquisition of certain trademarks and licences from its UK parent, Rank Hovis McDougall PLC (RHM). The acquisition will cost approximately
    526 words
  • Page 14 Advertisements
    • 142 14 (Incorporated in the Republic of Singapore) Pursuant to Article 8( 1 )(b) of the Articles of Association of fw Company, it is hereby announced that the Status Declarations received by the Company as at the end of June-1986 revested that the foreign beneficial ownership of the issued share capital of
      142 words

  • COMPANY NEWS
    • 415 15 HOCK LOCK SIEW THERE HAS BEEN no shortage of parties interested In doing a deal with troubled Sealkm Hotels. The new board has made it clear that of the two options selling the sole asset, the Hyatt Regency Hotel or fresh equity investment it is striving
      HOCK LOCK SIEW  -  415 words
    • 367 15 THE MALAYSIAN Airline System (MAS) is looking into the possibility of listing its shares on stock exchanges abroad through private or public placements. The Malaysian national carrier, which made its debut on the Kuala Lumpur Stock Exchange last December, may seek listing
      367 words
    • 2193 15 BID aad Oder price» officially listed aad hBMBBi in and reported to the Koala Lumpur Stock Exchange yesterday, wtth the somber of riiares traded tbomn In brackets in lota of IjBBB units unless otherwise 1»c Wed. MUSTRMLS Acm 0326 1505) xd AMD (3145) Alcorn (666)
      2,193 words
    • 242 15 Momkmts' prioas MARA-Bum ipuTrfl for July 8 Singapore Unit Trust The Commerce 0.83 0.88 The Sovingi Fund 0.74 0.78 S'pore Prog Fund 0.35 0.37 S'pore S«c Fund 0.59 0.64 S'por* Invest Fund 0.56 0.61* S'pore Equity Fund 0.41 0.44 Aata Unit Trust Mol invest Fund 1.21 1.30 Mo1
      242 words
    • 106 15 HONGKONG All Industrials Hongkong Index Monday 1100.28 Monday 1814.9 Fr»day 1820.5 Friday 1096.75 Week ago 1890.7 Week ago 1086.02 NEW YORK Hong Song Index Monday 1761.52 Dow Jones Friday 1756.76 Fridoy closed Week ago 1739.11 Thursday 1900.87 Week ago 1885.26 TOKYO Stondard Poors Nikkei Averoge Monday *****.07 Friday
      106 words
    • 76 15 WEDGWOOD PLC: AGM at Wedgwood House, 34 Wigmore Street, London W 1, today at 11.30am. BEBJUNTAI TIN DBEDGING BnM: EGM at 2nd Floor, PNB Ttaeatrette, Menara PNB 201A, Jalan Tun Razak, ***** Kuala Lumpur, tomorrow at 10am. JACKS INTERNATIONAL Limited: AGM at 29 Joo Koon Road, Singapore 2362,
      76 words
    • 186 15 THE COURT-APPOINTED provisional liquidators from Deloitte Haskins A Sells have started work on troubled stockbroking firm City Securities. Mr Don Ho and Mr Jimmy Wee spent yesterday huddled in meetings with CitySec's directors, who are helping in the broking firm's management (or one month. Hie
      186 words
    • 543 15  -  Deposits of 1.78 m to be set aside in special account By HOMER CHEN THE HIGH COURT has granted an interim injunction to the 41 remisiers from E G Tan A Co seeking the refund of their deposits totalling f1.78 million from the troubled
      543 words
    • 379 15 MBT A DECISION is eipected soon, possibly today, on the dispute between two stockbroking firms over a block of Rosy Electric Industries shares worth 1H27.8 million Stockbroking sources said the Kuala Lumpur Stock Exchange (KLSE) committee, which met last Saturday at an emergency sitting, would
      MBT  -  379 words
    • 189 15 MBT TAN CHONG Motor Holdings has been able to tnrn in a small m n M profit tor tne nrsi tnree mourns of the current financial year tnrougn cost cutting. Chairman Datuk Tan Kim Hor said the company made considerable savings after acting
      MBT  -  189 words
    • 506 15 SELLERS dominated trading on the Kuala Lumpur stock market yesterday and share prices (dosed with moderate losses. Speculative issues were fairly actively traded but the rest of the market was quiet and listless. Buyers moved in during the early morning session but buying support waned
      506 words
  • Page 15 Advertisements
    • 508 15 NOTICES muwn BUMWC co. (SINGAPORE) Pnt LTD. (HBOBr VOLUNTAS Y LIQUIDATION) NOTICE OF PIN AL MEETING NOTICE 18 HKRBBT GIVEN pursuant to Bectlon SOB of the Companies Act, (Chapter IBS) that a Pinal General Meeting of the Members of the abovenamed Company will be held at 101-A, Upper Cross Street,
      508 words
    • 34 15 WOODS OF REIGATE UK Car Rental Over 20 years' experience Fleet size over 1,000 vehicles Besides Reigate, new depots at Glasgow, Edinburgh and Manchester Rates from: £79* perwfc or £307* permth A inclusive VAT
      34 words

  • 588 16  -  By LIM SOON NEO FALLING jet fuel prices and a change in the way that Singapore Airlines negotiates its fuel supplies is expected to help the airline save at least $60 million this financial year. According to Mr Peter Randall, a
    Source Compiled from market information  -  588 words
  • 196 16 Reuter INDIA WILL ASK Sri Lanka for clarifications on its peace proposals aimed at ending the island's ethnic crisis, according to the leader of Sri Lanka's main Tamil party. Appapillai Amirthalingam, the secretary-general of the Tamil United Liberation Front
    Reuter  -  196 words
  • 521 16  -  Occupancy rate up by 15pc By LEE HAN SHIH Property Correspondent PRIVATE DEVELOPERS are losing ground in the fight to attract retailers. More and more tenants are deserting their shopping complexes for the Urban Redevelopment Authority's "resettlement centres", (or shops in HDB new
    521 words
  • 101 16 IT IS NO DOUBT a picture to assure the world that all's well in the Philippines following the abortive attempt by former foreign minister Arturo Tolentino to seize power. In this picture taken upon her return to Manila yesterday, President Corazon Aquino shares a laugh
    101 words
  • 240 16 Bernama THE PHILIPPINE government has set aside about three billion pesos from the national budget to support small- and mediumscale ventures in a bid to stimulate the domestic market. Part of this will be channelled to private voluntary organisations as seed capital which they
    Bernama  -  240 words
  • 248 16 Reuter INDONESIAN President Suharto yesterday strongly rejected foreign allegations of corruption and his armed forces chief, General Benny Murdani, denounced critics who have suggested a limit to how long the president can stay in power. General Murdani said that during a three-hour meeting with
    Reuter  -  248 words
  • 223 16 Reuter US APPEALS to its European allies to join in a ban on Libyan oil have had only limited success so tar, analysts and traders have said. They said although refiners in West Germany, France and the Netherlands might have
    Reuter  -  223 words
  • 206 16 Reuter THE WORLD JEWISH Congress yesterday produced a newly discovered Nazi document stating that Kurt Waldheim's wartime intelligence unit ordered 2,500 Greek Jews deported to the Auschwitz death camp. "Waldheim was sec-ond-in-command of the intelligence unit which issued the deportation orders to the SS. He was there
    Reuter  -  206 words
  • 156 16 Bernama MALAYSIA ncsds a strong government with massive support from the people, said Datuk Seri Dr u,|wt Wr Mntismsri With the government holding a more than two-third majority support in Parliament, political, economic and social stabffity would be assured, he said, at the «lag of
    Bernama  -  156 words
  • 321 16 Agencies MALAYSIA has expressed the hope that diplomatic relations would not be affected by the dawn executions yesterday of two Australian heroin traffickers in spite of last-minute pleas from Australia, Britain and Amnesty International. Foreign Minister Tengku Ahmad Rithauddeen, in
    Agencies  -  321 words
  • 70 16 Reuter COMEX GOLD FUTURES crept higher in early dealings yesterday but stalled in the face of selling resistance by some trade houses, Door analysts said. Gold (or August was up USSL3O at USS346JO an ounce. Silver futures were mixed in dull early dealing» following the wrtuwtoi
    Reuter  -  70 words
  • 64 16 Reuter WALL STREET stocks yesterday tumbled in a futures-related sell-off in early trading, ignoring strength in the bond market owing partly to the view that the completion of Japan's elections could foreshadow coordinated lower interest rates. The Dow Jones Industrial Average Ml 22 points to 1879, and
    Reuter  -  64 words
  • LATE FILE
    • 57 16 Reuter THE US Supreme Court yesterday struck down a key part of the landmark Gramm-Rudman law requiring a balanced budget within five years. In a 7-2 derision, the court said the provision involving automatic spending cuts violated the separation of powers between Congress and file President that
      Reuter  -  57 words
    • 50 16 AP A TOTAL of 15,441 Indonesian worker» lost their Jobs in the first six months of this year, down from 30,578 in January-June last year. Labour said yesterday that in 1985, 35,000 workers lost their Jobs. Reasons for dismissal included layoffs because of market difficulties. AP
      AP  -  50 words
    • 44 16 AP THE US Defence Department has barred three more athletes who are meuibets of the military from participating In the inaugural gooArill games, bringing the total of banned athletes to 12, said American organisers of the games yesterday. AP
      AP  -  44 words
    • 37 16 Reuter CHINESE forces fired more than 280,000 artillery ddls and rockets Into northern Vietnam between January and June, killing 47 Vietnamese and wounding 72, said the Voice of Vietnam Radio yesterday. Reuter
      Reuter  -  37 words
    • 41 16 UPI BRITISH Foreign Secretary Geoffrey Howe has postponed his European Community pence mission to South Africa but will go to Zambia and Zimbabwe to lay the groundwork for future tiki, said the foreign office yesterday. -UPI
      UPI  -  41 words
    • 57 16 UPI JIMMY CARTER aid yesterday that it «it not the criticism, but the time and place, that prompted him to walk ont of an anti-US administration speech at a Zimbabwe Fourth of July reception. The remarks, delivered by a Zimbabwean minister, were sharply critical of US policy
      UPI  -  57 words
    • 44 16 UPI FRENCH President Francois Mitterrand arrived in Moscow yesterday and headed for the Kremlin to begin talks with Soviet leader Mikhail Gorbachev that are expected to centre on East-West tension Mr Mitterrand was met at Sheremetyevo Airport by President Andrei Gromyko.
      UPI  -  44 words
  • Page 16 Advertisements
    • 142 16 Computer Charting Service for Local Stock Market Analysis Joa die major brokerage firms, banks aid dhvnified institutions m subscnbag lo tk most advanced Computer Ckartmg Senice for investment analyse ad deamou-makmg CHATTAMATIC m mdapeasahlr software tooi for techaical analysis to support fuadameatal data luureh. Complete nH hrtorical data for al
      142 words
    • 10 16 Totontino ghwn 24 hours to yMd, Pago 4; Loodor, Pago
      10 words
    • 8 16 Dovolopors holding 6,907 flats and condominiums, Pago S
      8 words
    • 31 16 '&+\^^-?})!'`"-'\)""<*|_=&`+>)_ AWAITS YOU! 8-11 June 1987 Putra World Trade Centre Kuala Lumpur, Malaysia M- i i W v I MM 5 4i )T!rl k ♦ft c» x l£ SdpUMmMiJdanllafdtKla I* 2980-322 Ci»w«W*»M3MB6MM«BC
      31 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 130 17 THE PORT of Singapore Authority will from this month take over the collection and compilation of the national shipping and cargo statistics from the Department of Statistics. This is to ensure more efficient collection and processing of data as these statistical functions are
      130 words
    • 469 17  -  By LINDA CHEE THE SHIPPING recession slked off ooe-third of the Pacific International Lines (PIL) Group's net profits to $8 million last year, on turnover of more than $200 million. Overseas investments and non-shipping concerns kept the company well out of the
      469 words
    • 242 17  -  Kingsley Wood A DISPUTE between Caltex Oil (Australia) and maritime unions over docking of the 65,000 dwt tanker Arthur Phillip is threatening New South Wales petrol supplies. The Australian Confederation of Trade Unions (Actu) has directed unions to ban the ship because
      242 words
    • 253 17 Opecna THE UNITED Arab Shipping Company recorded operational earnings of US$3.5 million in 1965, compared with H. 5 million in 1964. According to the Ku-waiti-based company's annual report, the returns were "impressive" considering navigational problems and declining shipping costs during the year.
      Opecna  -  253 words
    • PORT SIDES
      • 59 17 Reuter THE BAOSHAN Iron and Steel Complex near Shanghai has begun building a port with six berths for ships of 10,000 tonnes. The China Daily said investment would total 320 million yuan for the port area, which is to have an annual handling capacity
        Reuter  -  59 words
      • 34 17 Reuter THE AUSTRALIA-WEST India and Australia-Sri Lanka Outward Shipping Conferences said they will raise their currency adjustment factor, CAF, to 21.07 per cent from 16.61 per cent, effective July 22. Reuter
        Reuter  -  34 words
    • 1196 18 DETAILS emerged of fairly active coal and iron ore bookings but chartering was otherwise very quiet on Friday, shipbrokers said. Six vessels are reported to have been chartered to carry coal cargoes from the US Gulf to Taiwan loading late July to mid-August at between U557.35 and $7.90.
      1,196 words
    • 1290 18  -  HARD WORK, business acumen, solid backing of its staff and a touch of luck have enabled Pacific International Lines to come through one of the toughest times in the shipping industry. Mr YC Chang, who continues to steer the company through the good
      1,290 words
    • 663 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 IN 2/3 ASCL M 1 Bolt-Conoda Lme VI 4/5 Baft-Orient Lrve VII 4/5 Bank Lme V 5 BBS 1 4/5 Ben Lme Cont
      663 words
    • 135 18 Industries of South Korea THE PORT OF Cristobal in Panama launched its first new gantry crane recently in a ceremony conducted by the president of the republic. Eric Arturo Delvalle. The new crane, built and installed by Hitachi at a cost of US$2.7 million, is the
      Industries of South Korea  -  135 words
    • 201 18 Opecna A STRIKE affecting up to SO sapply boats in the British sector of the North Sea has been called off after a "negotiated settlement", according to the Reuters news agency. The details of the agreement between the two
      Opecna  -  201 words
    • 277 18 UPI THE SUEZ CANAL Authority won't lift its ban on nuclear-pow-ered ships until it is convinced they can make routine passages safely through the canal, says the canal's top operations officer. Last spring's approval for the transit of the US aircraft carrier
      UPI  -  277 words
    • 172 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" iJw Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANNO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd NedUoyd
      172 words
    • 521 19 Lloyd's List MEMBER LINES of the Transpacific Westbound Rate Agreement (TWRA) have taken advantage of the strongest westbound market for several years by announcing an increase in rates for refrigerated dry cargo. From Sept 15 freight rates on refrigerated commodities will
      Lloyd's List  -  521 words
    • 192 19 MAERSK Company (Singapore) has announced the appointment of Mr Qek Ckm Yang as its general manager. He the responsibilities of Mr Kristian Johansen who is returning to Denmark (or another assignment in the Maersk Group. Mr Goh Joined the Maersk Group of Companies as its chief accountant
      192 words
    • 264 19 AP TWO BRITISH warships will visit Shanghai on July 11-15 in the first port call to China by a navy with nuclear capability since a planned visit last year by US navy ships ran aground over the issue of whether they carried nuclear arms. British
      AP  -  264 words
    • 168 19 AFP IRAQI PLANES on Sunday hit three ships in separate attacks near the Iranian coast, Baghdad said, while Iran said its aircraft had raided Iraqi troop positions near the border town of Mehran. A military spokesman said the first "naval target" was hit
      AFP  -  168 words
    • 241 19 AFP RATES showed signs of weakening this past week on the tanker market, although the volume of enquiry remained relatively high. London brokers E A Gibson observed that in view of the current weakness in oil prices, the interest in tanker transportation must be mainly due to the
      AFP  -  241 words
    • 342 19 CANADIAN Pacific (CP) is to transfer its entire tanker fleet of 12 ships to the Isle of Man in a move that will leave the company with no ships under the UK register by the end of the year. Lloyd's List
      342 words
    • 6715 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
      6,715 words
    • 720 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Or Freedom 9 08.7.86 2300 Jardine F1 1400-1500 F4 Pegasus P 436N 08.7.86 2000 Straits F1 1100-1200/1100-1200 Fl/Gl RR Ratna 66S 08.7.86 2100 Jardine F7
      720 words
    • 1691 25 The leading shipping lines operating from local ports and their agents. A—l A Toe Enterprises Pte Ltd Some (S) AS Sfcep'»| Bousteod Shpg Agencies Alee Law African S*V3 Agenoes (S) AJwmkiei Later Kim Shpg (S) Alfred C Totpfer Oceonus Sl^ppm^Age" cws <S) Muttiport Sdn Bhd (PK)
      1,691 words
    • 608 26 AT CONVENTIONAL WHARVES Vessel Bert h Agent Arrival Deportw KEPPEL WHARVES Equator 4 K23 Thong Soon alongside alongside 08.7/0300 Koto Berkat K30 PL 08.7/2300 Koto Wangsa K32 PL alongside 06.7/0600 Koyu Maru K20 NTYSS alongside 06.7/0600 Mount Sabono KI8 Piif CtJ fOT CKMfS alongside 06.7/0600 Paiemborvg Ate
      608 words
  • Page 17 Advertisements
    • 466 17 THE HEART OF THE »];7,TeT»T7I IMHK MB wrnm mm. Ih KM/ OIK) 70 Shmtofl Wi» #04-03 Mm Hmm Smiwort 020/ TH *****11 TU£X NO IB ***** CfS Ofrct TPC #***** TO *****31 mt *****32 Term** oMic* TPC #*****0 TM *****90/*****93/*****01 JoSjcTrf m 1 7i*****/*****75/*****02 T*> No M ***** PfNAMG TU
      466 words
    • 73 17 PIL-lar of m Pag« II mm THE PORT OF Cristobal launched its first new ritry crane recently in a ceremony conducted the president, Eric Arturo Delvalle. Page II MEMBER LINES of the TWRA hove token odvantoge of the strongest westbound market by announcing on increase in rates for refrigerated ond
      73 words
    • 509 17 M BUCK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent Singapore Soviet Shipping Co.-Pte Ltd. TEL: *****33 *r MAERSK LINE IJTi FAST TRANSIT TO MIDDLEH SINGAPORE/DUBAI DAY! 4 Bft; SINGAPORE/KUWAIT —11 DAY »;uv, 111 if 3 mm! I Voy IS pore •erf- tntimm a- 7/7
      509 words

  • Page 18 Advertisements
    • 330 18 WEST AFRICA Cargo Space available for parcels (min 2000T) to South and Weat Africa by "ft CQMFKNCr ETA SMGffIXE 14/10 JULY "TBT ETA SM6APORE FKST HALF AUGUST FftATA SMPfWfi PTE LTD WORLD TRADE CENTRE #09-01 TEL: 2725K4 TELEX: R*****7 V.C T r\7IT YAMABHITA-BHINNIHON UNE X m J a f IV
      330 words
    • 91 18 1L Supercarrier Service IMJ.I! M' I.HI! I'. W i Ji'.l. I m *J. < I •MHJ. I r Gearbulk From NEW ZEALAND VHCrM\DvUX To NEW ZEALANO NEW ZEALANO SERVICE imjum CONTAINER SERVICE tnTTTTM rrr— rr— i PJPH uTJPH £3~8 Ct-M ntts rtm rtSH HTTB cf*! TV Hi: SMCtfCK *****77 OfTWMD
      91 words

  • Page 19 Advertisements
    • 481 19 The Straits Steamship Group Bnmai Porta and Bangkok Overseas Contains!* Limitsd A INI R SHIP SERVICF 10 UK CONTINENT m stM tJUm 11/7 13/7 r<a ui 15/1 H/t H/t IVI li/l U/l a/i a/i a/» 27/t a/t x/t M/t win/i 11/1 12/1 14/1 21/1 n/i a/i 11/1 12/1 M/ 1
      481 words
    • 538 19 Franco Belgian Services MEMBER OF ACE CONSORTIUM) 1 t:i 1 rr SM <7 M) SM 2»M KM 2k| Ik| tk| MM (MM) 4MI SMI 7MI IM|MM|UMI DM (21 km) II Ml 12 Ml MMI MMI 17 Ml lift* MM (MM) lIM It Mi 21 Mi OMi 81■ Mia CHARGEURS HAVRAISE
      538 words

  • Page 20 Advertisements
    • 466 20 ■Mfla w Hapag-Lloyd I 10 CONTINENT, UK EXPORTS 11/7 13/7 2/1 4/1 21/7 23/7 1 11/1 13/1 4/1 7/1 IVI IVI VI 1M 2VI 7/1 14/1 23/1 1/11 VII 14/11 23/11 31/11 21/7 3S/7 117/1 19/1 4/1 |/t 123/1 2VI 21/1 22/1 27/1 2t/« UN*mll* 11/1 11/1 131/1 2/1 11/1
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    • 187 20 FULLY CONTAINERISED SERVICE 3 »h- 10 UFOPf SIJ rfIA s a/7 29/7 31/7 2/1 5/9 4/1 J/9 7/1 J/4 12/1 11/S 12/1 14/1 If/I 19/1 11/S 19/1 20/1 23/1 2t/t Consortium hi p M N PHi Ml Rl' •fw/wno wsn catxuwmm ar sc/KHo ui mc m/tmm oc« 4*/ m a
      187 words
    • 409 20 OL Hai Sun Hup Co (Vte) I td 'f l 2?0 1- ipf Line T i RS ***** RS .'O6/2 t Ml k\ \K I IM K III) SPECIALIST IN RO-R0 HEAVY LIFTS SERVICES DMHOFROM WAN lUMMS fcfet IM KMM fel 177 MM* 11 Mr 13 My cum m uMr
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    • 453 20 o EVERGREEN Full Container Scry p Round-The-World East Bound (FE/CARIB/USEC/EURO/fp\ _J 2) kIUMIA. CMCMO. KM. Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) 11/7 a/7 11/7 tn Vt VI 12W MW MW 17/7 l/l l/t 11/ l 11/1 12/1 2Z/I aw tut a/i 12/1 m/i u/i ii/i u/t a/i a/t s/i 27/7 17/1 ia/i
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    • 124 20 HSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES i JTTTTTT't ii i sr" a." KYOWA LINE TO PAPUA NSW GUINKA/ SOUTH PACIFIC Lftufl SUN UNION LINE TTTTTTTTTXTC' Jn TAIYO MARINE LINE WEST AUSTRALIA SERVICE VSL rTJtELMK STOK M FIMNTIi MEL SYD MMimU*- 5/7 10/7 26/7 30/7 (PIMM.
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  • Page 21 Advertisements
    • 455 21 PACIFIC INTERNATIONAL LINES J\\A PIL Building. 140 Cecil Street. 03-00 Singapore 0 106 Tel *****33 JAKARTA/?ANJAMQ/P BANGKOK CONTAINER SERVICE PTf A MM TUNQNAINOJ i. '.i EAST AFRICA/RED SEA SERVICE VOVAQC NOMQKOMQ aMOAMMLOAMNQ I4M *+n U-n/7 HOCNBDAH, E-OI aid IS-17/7 HOOSDAH, JEOOAM, AQASA. MOOADWCIO. MOWMA. AOARA, AWM, MASSAWA, JKDOAH. ALCCANOWU MOBWABA,
      455 words
    • 587 21 BENLINE CONTAINERS E VV**! If.' 3 111 J*. VV*cl Ml VESSELS ACCEPT TRAfC TO/FROM PENANG MO EAST JEBSEN LINE NEW ZEAL AND m v*V m a i 1111 Is- I NT* Ua P. Moresby tack/Taw dpi lan 9MI 10/? I 19/7 29/7 2/9 10/1 14/1 IC/9 11/1 S* Noma Sm
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    • 291 21 EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE [mac wo wan iwt mm 14-U/7 t/i vi u/i 22-14/7 I 21/1 Mft 13/1 11/1 5-11/1 I 5/1 VI U/l 14/9 HfZEHj Mi M DJAKARTA LLOYD INDONESIAN NATIONAL L INF 22-24/7 *1 i 3.11 I J l '-VWilli'l ii'»»: h'.jy'W* l 7 EKA
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    • 232 21 BOUSTEAD SHIPPING AGENCIES m V* BURMA FIVE STAR (Bumtse National Line) Loadtof for Ranfoon s>m PJUbHg Hmt >■#* 7/1 M U/14 M 13/15 M 11/12 M 12/15 M 11/17 M BANK LINE NWTHMD TO BKC IVYBMK VIM FOtTICMK VIMI TAUSALA SAMOA V 7 TOMM NUGM V.l MORAYBAMK VIM C/S 13/1
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  • Page 22 Advertisements
    • 594 22 »jKline M 22 M M 21 M ta 13 hi CM UM 22 M *M IM UM a M 21 M MOOLE EAST 884/M4 U M mm »m MB VM/SM 21 M MC/V7 I M FUMY SHTfWG TMES 31 M 7 Ml INTa VIM UM 21 M R. Bm VI7V
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    • 464 22 AUSTRALIA EXPRESS CONTAMER SERVICE Accepting FCL/FCL ContaiiMra ESTEamR vs 1 A« I MMMS VM CALMtf *27 11 tat CHMOMS ¥21 |T *33 imti Vcuel S port MM fttm Sf+ the Acctptt RA¥R*S v 32 12 M 27 W 5 A«c 3A« AM/Bns UMMS vn HW 3 A«| 12 Aa| 10
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    • 417 22 GOLDEN LINE GUM GUM SWTWG (MI) LTD mutm MM KL UUM (M IKS) STRAfTS/PERSIAN GULF SERVICE: s>™ GXm CUT Cato«to/lUracki/MHCJ</(Mai */l« Mf- COUCH HOMO Cakmfct/ftjracta/lfeM Oiboos H/tl My- Ma/Mran GC Lif I*C7 ISJ7 aTT" v) vj wi \%n nn an vn \%n \w nn vt ya 7/1 V« |1V» M/l
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    • 373 22 INTRASEA !PTI) LTO 1(J Ans-.,n -27 16 1 nq <p 020 7 'e 22^b r 1 1 1 BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TE I >>238b22 (8 I INf S) TFlfc X RS ?8"?0 PHIL I 11/7. IV7. a/7. HWI U/7. H/7.17/7 ii/ 7. a/7 3E
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  • Page 23 Advertisements
    • 425 23 NEFME MOiaO PTL LID. R a/«BT fV« cn mm ZTWH 7mm ******2 *****22 *****53 99 MKT UD *****19 27*111 NEPTUNE ORIENT LINES LTD IKPIM sm. WD. *****71/2W91J9/24J9235 IOIJK Ml M> (ISSS9/(290B/(27(((/927((1/(279(2 7T W lZj 'Mm (10/7) (17/7) (24/7) (31/7) 7/1) (14/9) kii m RESTRUCTURED N AMERICA PACIFIC COAST SERVICE OFFERING
      425 words
    • 299 23 HEUNG-A SHIPPING Korean Flag Vessels. SEMI CONT AINERISED DIRECT SERVICE TO P. KELANG PENANG BUSAN INCHON "ttf INI 4 ,IN< If F'll I i r MS Mil* Mil HUT r n V"7 371 CEYLON SHIPPING COR National Line of Sri Lanka FUILY CONTAINERISED SERV.CE TO COLOMBO ARABIAN GULF RED SEA
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    • 545 23 SINSOV SINGAPORE SO VET SHPPMG CO PRIVATE LTD SMSOV BULOMG 55. Market Street Snppve 0154 Tat *****33 (15 Um) TmW OMcc 22N241/2 Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS 251 M p. kelang ram M/S SMMKAT MM SOON SOL RNO. IST AND 2ND FLOOR. MESSRS Ml
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  • Page 24 Advertisements
    • 385 24 |£SP REGIONAL CONTAINER LINES 0 BANGKOK (5 WEEKLY SAILINGS) I"],!' i, lEJL J T -l CHEH23 i [*****1EE31 CQEESI an Obdurft My lIS T\ TjjM rrm rvtm on m 10-11/7 1213/7 13-13/7 13-13/7 15-16/7 17-11/7 15/7 19-21/7 20-20/7 20-20/7 22-23/7 24-25/7 THAILAND n^Tyr77i trvirann rrrna i "^inpn HIOT MALACCA STRAITS
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  • Page 24 Miscellaneous
    • 134 24 AW:S m f. ■■rm TOW m •rfc* /5 v: •yy.-y.. ws S J SM t LL I&. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfl. THIS MOWUNQL LEGEND? R Thunderstorm Temperature *C Shower Weather Wind direction with speed In knots Rata Wave height Cloudy Sky 0 One full circle ms—nil
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  • Page 25 Advertisements
    • 69 25 ro FAR EAST/EUROPE CONTAINER SERVICE 11 .i ■mma ng EMEU 1* .1 mrjMrrrn 11 imiri IHTTTTTiTTiIIITa nra ry pti rry ny [jg rrm yum rrm i i ■fntTß ii i SB [[TTIIfiITMII IT~ ■[TTimiTTl irmiTTf rrf lIIMX 11 irTirrTTi E5 STRAITS/TAIWAN/JAPAN CONTAINER SERVICE DC SEA AUSTRALIA CONTAINER SERVICE cc □c
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    • 101 25 NPFPNATIONAL t Vj^ TTT f]B TFS VOV 111 TF» VOY 112 TFS Eta Pwi Eta H 11/7 nrr nrr nrr W7 1/9 19/7 Wl 21/9 •n nn rrrr TRANSOCEAN(MI SDN BHD V COLUMBUS LINE REFDEREI CMBH A Sf I Of UA V f-1 k 1 v f XPRfSS SEMI CONTAINER
      101 words
    • 66 25 Scan Dutch 9 ■MMMH wmtmmmm TO EUROPE (MEDfTERRANEAN-UK-NORTH CONTINENT-SCANDWAVIA) X) LONDON (SCOTLAND) 4/7 11/7 11/7 25/7 1/1 lVt I B»*/274 rut SEA-MEDITERRANEAN 31 Jfgr—i TO HONG KONG-TAIWAN-JAPAN -CHINA* MONO KONG FROM EUROPE I Vrt/775 FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA- MEDITERRANEAN ft. tm Rnrt/MS 2/7 R. <■ Bmm/475 V» Nedlloyd
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  • Page 26 Advertisements
    • 148 26 5 K&S LINE 1 JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Som«r»«t Road »06-01 Ng T»o»» vhw Olclg S por® 0923 Tel 235 &A 44 4 lm«*| f'-n' CrUnp lift Pi; i Hi*'? l!r Hn. >*• 1 Pmnnf Mjl.nsj.t IriiV t (-.import It.: > q Kidjri( M il.i»vtjr
      148 words
    • 320 26 CONVENTIONAL/SEMI-CONTAINER EAST AFRICA TAISHAN 9 Jul OCEAN ELITE 14 Jul GLORIA PEAK 26 Jul Port ASTRA PEAK 26 Aug Port WEST AFRICA ALTAI MARU 13 Jul P. N Man Rmks: Subject Inducement. Mombasa, Daressalam, Tanga Reunion Reunion Abidjan. Buchanan, Tama. Apapa. +Lome AFRICA'S FULL CONTAINER SEE MONDAY. WEDNESOAY, FRIDAY ADVERTISEMENT.
      320 words