The Business Times, 16 July 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, JULY 1«, ISB€ 75 CENTS
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  • 547 1  -  Some public accountants lending their names for a fee By FOO CHOY PENG Chief Reporter KEEN COMPETITION for business has led to the emergence of a new form of touting on the local auditing scene which is causing ripples in the Singapore Society of Accountants (SSA). A
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  • 440 1  -  By BOEY KIT YIN MUCH-NEEDED increases in exports were recorded in the US and China markets in June, resulting in a smaller decline of 0.7 per cent in exports (or the month. This led to a 8.8 per cent fall in
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  • 231 1 Agencies THE SOVIET UNION and Britain have signed an historic pact on the repayment of prerevolutionary Russian debts, a move hailed as a financial bombshell by bankers. Hours before the deal was signed by Soviet Foreign Minister Eduard Shevardnadze and British Foreign
    Agencies  -  231 words
  • Article, Illustration
    152 1 UNCERTAINTIES over the near-term direction of the market, phis the absence of any concrete factors to stimulate trading, kept most Investors away from the stockmarket yesterday. Prices generally hovered narrowly around the overnight closing levels during the morning session, but fell broadly in the afternoon when increased selling
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  • 325 1 AP MALAYSIAN Prime Minister Mahathir Mohamad said yesterday that Malaysia's national security depended on political stability, economic success and social harmony rather than military might. "Without these, all the guns in the world cannot prevent a country from being overcome by its
    AP  -  325 words
  • 97 1 AFP THE MALAYSIAN authorities are investigating several companies suspected of employing illegal immigrants, Labour Minister Lee Kim Sal said yesterday. Mr Lee's disclosure followed accusations by trade unionists that about 1.5 million Indonesians might have slipped into Malaysia illegally. Mr Lee did not disclose
    AFP  -  97 words
  • 494 1  -  By LOH HUI YIN BILATERAL TRADE between Singapore and China, which has been growing at a healthy rate, will be expanded further when the only Chinese corporation with a presence in Singapore, Sinochem, upgrades its representative's office to a whollyowned subsidiary
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  • 98 1 Reuter THE BRITISH government has published detailed plans for a scheme linking pay to company profits which may include tax relief worth up to £12 a month for average earners. The Chancellor of the Exchequer first outlined the idea of Profit-Related Pay in his
    Reuter  -  98 words
  • Page 1 Advertisements
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    • 309 1 Designed for Singapore THE PRESENT STATE of product design in Singapore was the subject of many discussions last week between the head of an industrial design department in a German academy and local educational institutions as well as the Economic Development Board. While these talks, with the exception of one,
      309 words
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  • HOME NEWS
    • 381 2  -  By LOH HUI YIN A COMPANY in which Telecoms has a stake has been set up to provide maintenance services for the Asean submarine cable system. Asean Cableship Pte Ltd (ACPL), with an authorised capital of $4 million, also has equity participation by the
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    • 240 2 THE NEW international oil and gas organisation which Esso Singapore will report to is Exxon Company, International. It will be located at Park Avenue in Florham Park, New Jersey, according to the latest edition of Esso Singapore, the company's in-house
      240 words
    • 281 2 LOW-COST AUTOMATION and its application in industry as an affordable alternative to so-* phisticated industrial robots will be discussed at a day-long workshop next week. The seminar on July 23, organised jointly by Robot Leasing and Consultancy and West German company FESTO, will present some
      281 words
    • 169 2 THE CONSUMER Price Index fell again in June, the fifth consecutive monthly decline this year. The barometer of inflation fell 0.2 per cent from May and 1.9 per cent from a year ago. For the first half of the year, the index was one per cent
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    • 644 2  -  Bf MONICA GWEE CHINESE BUSINESSMEN hirtdlng for items and luck at the Seventh Moon auctions may have to listen more closely these days to the auctioneer calling for bids on a Qi Xing Bao Jian or they might just miss their cue.
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    • 237 2 TWO management consultant Arms which are helping the government to reduce its workforce will take part in a conference focusing on the -move towards a flexible wage system. Touche Ross Management Consultants and Arthur Young Management Consultants will send speakers to the 1906 Employers' and Personnel
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    • 390 3 MORE SINGAPOREANS are going on holidays overseas in spite of travel agents' fears that the recession and terrorism in Europe would affect their holiday plans. A total of 84,623 Singaporeans took a break from the recession, packing their bags and heading for a foreign
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    • 181 3 A FURTHER 59 dengue fever/ dengue haemorrhagic (ever cases have been reported in the first 12 days of this month, bringing to 168 the total number reported this year. While the outbreak at Geylang has ended, two new clusters Jalan Kayu (where there were
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    • 224 3 IT IS THE end of the line (or the Ng Teow Yhee Building which will have to make way soon (or the Somerset Mass Rapid Transit station. "The tenants have been given up to the end of July to move
      224 words
    • 338 3  -  By BOEY KIT YIN SOME 25 businesses in the services sector have enjoyed more than $10 million worth of soft loans since the Small Industries Finance Scheme (SIFS) was liberalised last year. Most of the loans were to finance working expenses and to
      338 words
    • 364 3  -  By LIM SOON NEO TENDERS for the $440 million Singapore Entertainment Centre, considered a high-impact tourist attraction, will be called by the middle of next month. "Details will be out in the first week to middle of August," said a spokesman for the Singapore Tourist Promotion
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  • Page 2 Advertisements
    • 102 2 'Great food, good value and a relaxed atmosphere. That's what my restaurant is all about!' At Restaurant Latour you'll discover the finest Continental cuisine. Our set lunch for /Y just $28* includes a choice of six main courses.There's an extensive ala carte menu i for dinner each evening. And being
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    • 21 2 For your complimentary copy oi THE ASIAN WALL STREET JOURNAL Tel: *****13 *****04 DAK Marketing Services Pte Ltd (Authorised Subscription Agent)
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  • Page 3 Advertisements
    • 171 3 n up < iur Ltt v'vvy Ballt st« r shou you hnu. In BT I'Vcry Tu«\sda; "Everybody talks about computerizing our manufacturing, accounting, and order management. Nobody talks about cost." i r a HP does. Hewlett-Packard's HP 3000 business computers work with software specially designed for small, growing manufacturers. They
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  • ASIA-PACIFIC
    • 510 4 Reuter INDIA'S two major state trading organisations are increasing their use of barter trade in an effort to reduce the country's widening trade deficit and save foreign exchange. A commerce ministry spokeswoman said the Minerals and Metals Trading Corp, MMTC, and the
      Reuter  -  510 words
    • 166 4 AFP THE USE of a govern-ment-selected US trading house, Cargill, for trade with East European countries is not obligatory, Indonesia's co-ordinating minister for finance, economy and industry has said. "The Indonesian government will not issue a formal appointment for the Cargill trading
      AFP  -  166 words
    • 110 4 AFP HONGKONG'S total trade volume rose 5 per cent in the first five months of this year compared with the previous year's figure. The total volume of imports increased by 8 per cent to US$l2.BB billion, a government statement said on Monday. Total exports were up
      AFP  -  110 words
    • 318 4 AP THE US government alleged on Monday that Japanese restraints on food imports violate world trade rules and said it would seek relief from an international forum. Officials also announced they had reached accord on another trade issue with Taiwan that will result
      AP  -  318 words
    • 778 4 ARRIVALS r Same* Local From QA SIA UA QA SIA MAS SIA KAL MAS MAS SIA CPA RBA QA SIA SAS UB SIA SIA THAI CAL MAS QA SIA SIA AY QA OA SIA SIA RBA SIA SIA SIA THAI MAS THAI CPA KLM QA Al MAS
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  • Page 4 Advertisements
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  • REST OF THE WORLD
    • 659 5 Reuter OIL PRICES could dip further than levels highlighted by Monday's historic low of below US$9 a barrel for a cargo of August Brent crude unless Opec agrees on a plan to allocate output quotas at its meeting in Geneva this month, industry
      Reuter  -  659 words
    • 93 5 Reuter THE UK government is taking a cautious view on the effect of the latest figures on industry's costs on UK inflation prospects. Government officials said on Monday that while producer prices and manufacturing costs were favourable, they were not sure whether these would be
      Reuter  -  93 words
    • 196 5 AFP ONLY TWO out of the more than ISO United Nations countries have heeded an appeal to make voluntary contributions to a special fund set up six months ago to ease the world body's severe financial straits. Secretary-General Javier Perez de Cuellar said
      AFP  -  196 words
    • 313 5 Reuter CRITICAL LOAN talks between the International Monetary Fund (IMF) and Mexico are continuing with some progress being made on major areas dividing the two sides, monetary sources have said. The talks, which began last Friday, are designed to arrive
      Reuter  -  313 words
    • 402 5 Figure put at US$22O billion Reuter THE UNITED STATES is heading (or a record budget deficit of US$22O billion this year, making it more difficult to reach the goal of a balanced budget in five years, according to the Reagan administration. "Unless
      Reuter  -  402 words
    • 258 5 AP THE US government has lifted a seven-year ban on foreign sales of a precision saw that the US has sought to keep out of Soviet hands. The ban, which dates from the Soviet invasion of Afghanistan in 1979, was removed on grounds that the
      AP  -  258 words
  • Page 5 Advertisements
    • 98 5 144 Canadians have a refreshing approach to life We're enterprising. Enthusiastic Energetic And we bring these attitudes to our airline We look at every aspect of the business of business travel. From checkin to check-out And where we can. we do things a different, better way We're succeeding too. WeVe
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  • Page 5 Miscellaneous
    • 46 5 Doonesbury 33EEZ u m t UAj w M* l» »*l a >4 A I fi I l> /i f/A BY GARRY TRUOEAU $3 AY rt m i >y A Vi 1 L HZ USED Tf\ DONT GET OOQC/. I n u K isi K Mi rfi
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  • RAW MATERIALS
    • 225 6 UPI WHEAT FARMERS around the globe are growing a near-record crop, according to the US Agriculture Department. The department forecast on Monday wheat and coarse grain surpluses and a scramble to find buyers for the crops. There already is a record surplus in wheat. Department experts
      UPI  -  225 words
    • 150 6 Chinese Produce Robusta 20/25% 470 00 1356 00 Exchange Seders' noon closing My IS (SS/100 kg). prices on FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW 1256 00 Coconut oil Bufc FOB 48 00 Gombier Ok) drum FOB 61 00 FOB NSW 330 00 New drum FOB
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    • 534 6 COFFEE Robusta futures ended firm and just below the day's highs on Monday, aided by another limit advance on the New York market, closing up £73 to £63 a tonne. Near September last traded at £1,873 compared with last Friday's close of £1,800 and in a high-low of
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    • 198 6 MALAYSIAN crude palm oil prices were weaker at yesterday's close on renewed selling and buyers' reserve in line with easiness in palm oil futures, with a lower Chicago soyoil futures close weighing on levels. Poor processed palm oil offtake by India at its import tender last week also
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    • 86 6 A LACK tf •vcncu denui nv Ike KLTM tfa price tell wm cents yesterday to due at Mfl4.lt per kg ban Mwiay. OvtntM Mm, ptrtiealariy Ike tradlttoaal Japueie bayers, hlad wfttinvi after toviig met tkelr reqelremeats earlier. Eirtpeu laterest nonlaei ifciwt. Tetal tuMrer, wUck «M eeatribated by leeal
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    • 359 6 SINGAPORE The market closed slightly lower yesterday with August One RSS buyers quoted at 173.25 cents per kg, down 0.50 cents from Monday. Dealers said the morning session ended 0.25 cent lower after fluctuating narrowly in quiet trading due to lack of interest. Prices eased fractionally in quiet afternoon
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    • 229 6 WHEAT FUTURES on the Chicago Board of Trade closed mostly higher on Monday, ranging from 6'/« US cents per bushel up for spot July to one cent per bushel lower for the May 1987 delivery. Dealers tied the rise in spot July to short-cov-ering by professionals and commission houses,
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    • 66 6 Bangkok (USS/tofM*. FOB) Whit* Rice 100% 1st closs 255 100% 2nd class 220 100% 3rd closs 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rice A-l Super 118 A-1 Special 115 C-l Special unq C-l Ord unq Loonzain Rice 100% 1st grade unq
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    • 299 6 RAS prices m S canti/kg. FOf b< aWi NOON Int 1 RSS Prompt 176 00 177.00N 175 50 176 SON Int 1 RSS Aug 86 173 75 174 25 ***** 173 75 Int 1 RSS S«pt 86 173 50 174 00 173 00 173 50 Int 2
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    • 85 6 (c«nt*/kg, 1-ton poft*t») AUG 86 SEPT 86 (currw it month) (forword month) NOON NOON RAS S«8«rt Bwyan r— SSR 20 159 00 161 OON 159.50 161.50N SSR 50 156 00 158.00N 156 50 158 50N MRELB SCHTI Stlltn SMR CV 231.50 233.50N 232.50 234.50N SMR L 232.50
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    • 164 6 SOYBEAN FUTURES on the Chicago Board of Trade closed narrowly higher on Monday, with gains ranging from four US cents higher in spot to up cent in distant July. September posted the only decline, off V« cent at US$4.9l. Dealers said spot July's strength came largely on short-covering by
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    • 85 6 Reuter CHINA will import a record 280,000 tonnes of corn from Thailand this year, up from 100,000 last year. A Thai Embassy spokesman said China imported 232,683 tonnes of Thai rice in the first half of the year, 200,008 from the government and the
      Reuter  -  85 words
  • Page 6 Advertisements
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    • 380 6 Audtonci This seminar is intended for communications managers and MIS-OP professionals involved in planning, implementation and application of communications networks, distributed information systems, and/or office automation. Topics Historical Perspective Communications Needs What Will LANs Do for Me? Standard Architecture and Protocols Building Blocks of Multivendor Compatibility Topologies Transmission Media and
      380 words

  • TRAINING & DEVELOPMENT
    • 775 7  -  By ZHOU MEI THE SINGAPORE DieCasters Soctrty (SDCS) has found a solution to the problem of finding enough skilled workmen (or diecasting companies. With the help of the skill* Development Fund (SDF), the society has set up a training centre which should be ready for its
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    • 271 7 {Seminars and WT, Cahners Tel: 2/***** J C Exposition Tbc RS ***** Courses 1 HL 1 I V" Group Fa* *****66 Jul 28 Electrical and Electronic Engineering Education in Hongkong Faculty of National *****09 Engineering, NUS University of Singapore Jul 29-30 The Secretory in SIM Conference Singapore *****66
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    • 653 7  -  By TSANG SAU YIN FOR ABOUT 20 YEARS, the Singapore Polytechnic has been running short courses under its Department of Continuing Education but they have not come into the limelight until now. With the Economic Committee recommending the stepping up of continuing education programmes, the
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  • Page 7 Advertisements
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    • 208 7 Standard 8 i AK to suit you. The adaptation for the commercial market of the two 'official currencies', the ECU and the SDR, is now available in Singapore through Standard Chartered Bank. When you are shopping in this market for a selection of currencies, we will tailor a 'basket' to
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  • FEATURES
    • 493 8 A COMMERCIALLY-RUN Singapore Broadcasting Corporation can be a good thing. A commer-cially-run section of it may not be. Much will depend on what SBC Enterprises is up to. This is not yet clear. SBC has kept silent about its plans for the company in the
      493 words
    • 876 8  -  Industrial designer Klaus Lehmann talks to ANNA TEO ANNA TEO INDUSTRIAL DESIGNER Klaus Lehmann's itinerary during his four-day visit to Singapore last week left him hardly any breathing space not quite enough anyway to buy those presents he promised folks back home in Stuttgart.
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    • 933 8 THERE ARE SOME PRODUCTS for which industrial design is of no value beyond giving a cosmetic touch, says Professor Klaus Lehmann. "Take the bicycle for example," he cites. "The shape of the common bicycle widely used today on the streets in China and elsewhere
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    • 300 8  -  letter to the Editor Ng Yew Kang Public Relations Officer Ministry *f Community Development Dear Sir, I refer to the letter by "Endangered Species: Pedestrian" in Business Times dated June 16, 1966. The first two performances of the Houston Ballet at Kallang Theatre on June 6
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  • Page 8 Advertisements
    • 111 8 Air freight is faster Mk Our coverage is WW I be,,er Ai I |x In BT every Friday, m m. HEIGHT I ft o_provides the information needed by all bankers, investors, forex traders money gold& silver traders BT, S'pore's largest business daily, carries an in-depth and up-to-date coverage on the
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  • Page 8 Miscellaneous
    • 655 8 •/tf !W>!OS CRYPTIC PUZZLE ACROSS lAn outburst of tightening up? (5) 6 Pretend to hove some broken fingers (5) 9lmmo r t ol newspaper? (7) 10 Left in the dark (5) 11 Fabulist who distributed soap out East (5) 12 You can draw it with your eyes shut (5) 13
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  • SPORTS
    • 293 9 AP ROGER CLEMENS of the Boston Red Sox, the top winner in the major leagues, and Dwight Gooden of the New York Mets were named the starting pitchers for last night's all-star game. Clemens, 15-2, will be followed on the mound
      AP  -  293 words
    • 90 9 Reuter BRITON STEVE CRAM, who is aiming for the 800 and 1,500 metres title at this month's Edinburgh Commonwealth Games, was scheduled to run in the two-lap event at the Nice Grand Prix Athletics Meeting in France yesterday. Cram, whose duel over both distances with
      Reuter  -  90 words
    • 585 9 AP WHEN ZOLA BUDD left South Africa for Britain two years ago, the shy, barefoot runner had hoped for an international career free of political obstacles. Instead, controversy has followed the farmer's daughter from Bloemfontein ever since she arrived in London, bringing a
      AP  -  585 words
    • 393 9 Reuter DANISH CYCLIST Jorgen Pedersen held a one-minute lead at the 11th stage of Tour de France on Monday as the 191 survivors prepared for their forthcoming trip into the mountains. Belgian Rudy Dhaenens won a sprinting duel with Dutchman Mathieu Hermans
      Reuter  -  393 words
    • 516 9  -  By BRIAN MILLER SINGAPORE TRAINERS have been "invited" to enter their Class 5 horses for a Pro-Am meet to be held at Bukit Timah on September 24. This special race meeting, which is being run outside the normal racing calendar for 1906, is
      516 words
    • 460 9 Reuter WITH POUR straight European wins behind him and the role of favourite to contend with, Spain's Severiano Ballesteros has sized up the opposition for this week's British Open golf championship at Turn berry, Scotland. "I think the golf course will be the big opponent,"
      Reuter  -  460 words
    • 358 9 Reuter AMERICAN Jane Geddes won the first tournament of her three-year career on Monday by shooting a one-under-par 71 to defeat Sally Little by two strokes in an 18-hole playoff to win the US Women's Open championship. Geddes, 26, received US$5O,OOO and
      Reuter  -  358 words
    • 221 9 and a letdown for swimmer Cowley AFP ANNETTE COWLEY said on Monday «he was "saddened" by the to ban her from the Commonwealth Games. The South African-born swimmer, ruled ineligible on Sunday by the Commonwealth Games Federation, along with athlete Zola Budd, said: "I found out the news late last
      AFP  -  221 words
  • Page 9 Miscellaneous
    • 1281 9 to sm mm The Untold Story 9.30pm, Channel 5 The Germans have brought Claretta to Mussolini's headquarters in northern Italy. Rachele is furious and confronts her. Meanwhile, the Allies are advancing swiftly through Italy with Milan about to fall. Disguised as a German officer, Mussolini (George C Scott, left) attempts
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  • INTERNATIONAL STOCKS
    • 296 10 Reuter INTERNATIONAL Business Machines Corp'» lower second-quarter earnings reflected intense price cutting and its refusal to lay off employees as well as the overall computer industry orders' slump. Analysts in Boston say that the industry slump, now almost two years old, remain a
      Reuter  -  296 words
    • 222 10 Reuter THE BRITISH government has set a deadline of July 21 for the formal transfer of TSB Group's business to successor companies in preparation for its share flotation. In a written parliamentary reply on Monday, Treasury economic secretary lan Stewart said the "vesting"
      Reuter  -  222 words
    • 314 10 Reuter STOCKS closed sharply lower on Monday as poorer-than-expected earnings by IBM supplied further evidence of a weakening economy. The Dow Industrials closed under 1,800 for the first time since May 21, carrying the retreat started last Monday to more than 100
      Reuter  -  314 words
    • 133 10 JULY 14 c$ bnp Oi a A 35* 16* •1* 22* Im Pro* Pip# hi M 43* 19* unch 39 H Kin Addnon 15* unch inch •H Lobtow B 12* Scotia Bank Of Montreal 15* 32 38 Massay Forg Mc BkxW 36 Mohon A 28* 27 H Moor* Cp
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    • 198 10 JULY 14 Kmd Tiq Oot* 8450 50 Tonaoot 750 -10 2150 50 Trust Bk 130 inch 55 Woolfru 1200 unch INOUSTVIALS A Alpha 1020 250 unch 4900 25 Aaci 1 ISO unch Angvoal *****8 unch Amoprop AMC 4325 unch 7700 -50 1850 inch ***** C G Smith 2800 -25
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    • 648 10 JULY 14 US* Aican AJurrwi 29 Alcoa 36* -H Altg htl 20 unch AM Stg 40 -I AM Storm AJbOutmcn 46* 4 -I* -M Ann Brandt he 93* -4* Ant Can Co 76* Am Cyonarrad Am Q*c Pwr 74* 28* Am Enpran Am Homa Prod 59 86* •1
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    • 638 10 Amsterdam JULY 14 Ffc ABN ***** -4.5 Ill 00 +3 Ahold 93.00 -I.I Akxo 165 30 -2 2 Akanto 152 80 +0 1 AMEV 79 60 -1.4 110 80 -0 1 Am Stod ***** -I Baikal 4080 0.3 ***** undi Bmhrmon Taftai rod* *****-6 Crfv. A85 00 +8
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    • 199 10 Reuter WALL STREET analysts predict that the stock market will soon recover from its current sell-off, which has seen it lose more than 100 points in a week. The closely-watched Dow Jones Industrial Average slid 27.96 points to 1,793.45 on Monday, closing below 1,800 for
      Reuter  -  199 words
  • Page 10 Advertisements
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    • 182 10 32 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
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  • ASIAN STOCKS
    • 323 11 HONGKONG: Share prices closed sharply higher yesterday on active speculative buying inspired by Hongkong Land's announcement on Monday that it may spin off its Dairy Farm operations, brokers said. The Hang Seng Index finished 24.20 points higher at 1,764.13 and the Hongkong Index gained 16 to 1,101.51. Renewed overseas
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    • 234 11 JULY 15 AM Sincere hdu Alia Cemettf MT 100 26 60 31 60 unch +02 +0.1 +02 +04 Kuochan Dev Lh Chang Yuan Cham raus Ltan Hwo Mm Nan Ya Pta» 22 70 32.60 12.90 38.80 +0.1 +06 +0 15 +0.2 Chang Hwo Bark 44 50 Nat Investment 384.60
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    • 381 11 TOKYO: Prices climbed to a record close yesterday on buying which focused on financial and transport issues, brokers said. The market average finished at 17,882.80, up 62.24 from Monday when it rose 149.79 to the previous record 17,820.56. Turnover was a heavy 1.20 billion shares, compared with 1.10 billion
      381 words
    • 74 11 J JULY IS Acoj* Mining Nm OwM B Phi Ovwmoi Phlax B 0015 0.017 027 -0002 inch Anglo Phi Apu Mining B Altai Con. B Z 0013 14 0.002 4 Pic op B 155 -2 ffoguiQ Gold Poiff rtliultuni 0004 •0.0004 1 03 Son AMgual 8 .64 0009 +2
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    • 401 11 SYDNEY: Australian share markets yesterday closed sharply weaker, dragged down by the industrials sector, as investor sentiment turned bearish after negative signals from abroad, brokers said. Near the close, the All Ordinar- ies Index was 15.0 points lower at 1,122.1, the All Industrials off 20.9 at 1,794.6, and the
      401 words
    • 95 11 JULY IS Wo 1830 -50 Kanron Ind Kia Motor Katon hd 1155 2000 2041 5 -10 -59 Doeim Ind 685 10 Korea Long Term ISIS 50 29 Doewoo Corp Daewoo Heavy Dong Ah Phar Dong Skit Slock Dongbu Steal GoldStar 1315 1455 890 1500 1560 -15 •6 unch -30
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    • 147 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.41 to 140.19. Turnover amounted to 582,436 shares valued at 104.6 million baht. JULY IS Ao Khom Thai MM 126 ■f) Sam Camartf Sam Cilam Sum CiMzant Laawng 561 MP *UH> 2 Ayudhya InvMUnanf. 146 37 25 -2 4.|
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    • 53 11 Reuter CHINA, which has the world's largest workforce, has begun producing its first industrial robots at a factory in the north-eastern city of Shenyang. A pro-Bei-jing newspaper, the Wen Wei Pao, said the plant was producing conventional models and prototypes including one that can work
      Reuter  -  53 words
    • 362 11 Reuter BROKEN HILL Pty Co Ltd wants to add a fourth arm to its three main businesses of petroleum, minerals and steel. Managing director Brian Loton on Monday that BHP has the financial capacity to enter a fourth frMdnPsa area but is awaiting the right
      Reuter  -  362 words
    • 252 11 Reuter THE president of Sony Corporation, Mr Norio Ogha, has signed an agreement with Austrian Chancellor Franz Vranitzky to set up a compact disc (CD) plant in Anif/Niederalm near Salzburg. Sony on Monday said the plant, which aims to produce one million
      Reuter  -  252 words
  • Page 11 Advertisements
    • 115 11 M ja 1= P m K HAPPY DAYS ARE HERE AGAIN! New me S«it Hoi day m What a treat 1 just pick your choice of meats seafood and vegetables and drop them into the delicious Mongolian brew Hot and steaming, this hot-pot will keep you coming back for more
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    • 106 11 «»r Rendezvous in the Park Cafe in the Park. On green, exclusive Nassim Hill. Discover international and local favourites done to perfection. Prawn Mee. Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. Plus a whole lot more. All in our a la carte menu. Ample free parking. A© Century Park
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    • 135 11 Local Food Galore TUI July 31 Lunch Dinner Adult: $11.50" Child: $9.00 SPECIAL FEATURE Friday High Tea Fashion Show $B++ Showtime 4.30pm 88 ExeeJiior Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 £3 C 3 £3 £3 £3 C 3 £3 C 3 £3 Meals at Cafe De Grand are
      135 words
    • 132 11 Fashionably hyatt Join the fashion-conscious every TUesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at 19.50
      132 words
    • 220 11 Frisco is the perfect choice for your business or informal lunches l 1 Centrally located within Singapore's Business District Frisco serves superb European cuisine amidst a setting that exudes quiet elegance and comfort Coupled with our unobtrusive yet impeccable service, you may be assured of a really satisfying experience. Drop
      220 words

  • BANKING AND FINANCE
    • 374 12  -  By SOH TIANG KENG Financial Correspondent CUSTOMERS WILL BE able to tap a $5,000 credit facility and get discounts of between 5 and 10 per cent from selected shops and restaurants with a multipurpose convenience card launched today by Overseas Union
      374 words
    • 209 12 Reuter A JAPANESE financial official has been quoted as saying that Japan hopes to start in December its offshore banking centre which will compete with New York and London. Toyoo Gyohten, the vice-min-ister for international affairs at the ministry of finance, told
      Reuter  -  209 words
    • 217 12 Reuter LONG-TERM zero coupon US treasury bonds were the top performer in fixed income markets in the first half of 1966, posting a total return of 69 per cent, according to data compiled by Salomon Brothers Inc. "The complete call protection of most US
      Reuter  -  217 words
    • 193 12 FT RUMANIA is close to an agreement with its main commercial bank creditors that will allow it to defer US$BBO million in debt repayments due this year and the next. The payments affected are part of the principal rescheduled by the banks
      FT  -  193 words
    • 111 12 AFP THE BANK of China Is to open a Tokyo branch this week bringing the total number of its overseas branches to eight. The New China News Agency (NCNA) said on Monday that the new branch, to open on Friday, will handle all business
      AFP  -  111 words
    • 95 12 AFP INTEREST RATES on US short-term Treasury bills (ell to their lowest level in nearly nine years on Monday. The Treasury Department said the average rate on threemonth hills at the weekly auction was 5.78 per cent, against 5.85 per cent a week earlier. On
      AFP  -  95 words
    • 567 12 NYT DESPITE a weak economy and continued turmoil in the oil and agriculture industries, four of America's major banks reported on Monday higher second-quar-ter earnings. The one exception was Chemical Bank, whose earnings were down but had some encouraging aspects
      NYT  -  567 words
  • MONEY AND EXCHANGES
    • 641 12 SINGAPORE The US dollar closed mixed against major currencies yesterday after fluctuating within a narrow range in light trading. The dollar closed firmer at 159.85/95 yen compared with New York's 159.65/75 close but lower at 2.1665/75 marks against 2.1690/1700 and at 1.7655/70 Swiss francs against 1.7720/40. Sterling remained
      641 words
    • 219 12 Interbank rotes ot 3pm yesterday: Locol osMt of tormgn currmcy: Mtf Otter er eee pertly US dolor Staring pound AustTobon dolor HZ dolor Conodnn dolor 2.1875 3.2385 1 4032 1 1692 1 5920 2.1885 ***** 1 4061 1.1730 1 5939 2.8196 7.3469 ***** 3.4286 3.4206 -22 42 -55
      219 words
    • 253 12 Asian market ASIAN DOLLAR deposit rates cloned steady at opening levels yesterday in quiet afternoon trading. Overnight and Wednesday/Thursday closed at 6-5/8 6-1/2 per cent each and week fixed at 6-11/16 6-9/16. One to five months cloKd at a common 6-11/16 6-9/16 and six months at 6-5/8 6-1/2. Asian dollar
      253 words
    • Article, Illustration
      130 12 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-7/8 per cent yesterday, up 1/8 point from Monday's close. The one-month term rate was unchanged while the two and three-month rates (ell by 1/16 point each. Mcatts In avoraft of Mm prtje f > S$ Interbank
      130 words
    • 218 12 HONGKONG: The metal cloned firmer yesterday but trading was quiet, with limited physical demand from Japanese interests noted. Bullion price ended unchanged from an opening U*****.70/346.00 an ounce, compared to New York's U*****.10/60 dose. On the local market, gold finished HK$3.5 lower at HKS3JO9 a tad. Krugerrand price eased
      218 words
    • 382 12 BA Futures SEPTEMBER Enrwtollar futures opened five ticks higher yesterday than Monday's close at 93.61; and traded higher to 93.64 in anticipation of weak US economic data to be released and lower oil prices. Liffe opening saw prices still locked in the narrow range with the September contract finally
      BA Futures  -  382 words
  • Page 12 Advertisements
    • 266 12 NOTICES NOTICE TAT JIN 00 PTE LID (la Miriw' VatutaiHy Lk^UmOm) At an Extraordinary Geneal Meeting of Tayjin ti Co. Pte Ltd held on 14th July 1986, the following special resolutions were duly passed. 1. "That the Company be wound up voluntarily and that Mr Tan Glm Soo of Messrs
      266 words
    • 258 12 COMPANIES ACT, CAP. IK AND (SINGAPORE) PTE LID (IN MEMBERS' VOLUNTARY LIQUIDATION) On the 10th July 1966, the Special Resolution set out below was duly passed at the Extraordinary General Meeting of Okabe (Singapore) Pte Ltd pursuant to Section 179(6) of The Companies Act, Cap. 185. WINDING-UP OF COMPANY IT
      258 words
    • 335 12 IN THE MATTES OF PACIFIC METALS (PTE) LTD. (MEMBEBB' VOLUNTARY LIQUIDATION) NOTICE OP PINAL MEETING x NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 185) that a Pinal General Meeting of the members of the abovenamed Company will be held at the office of the
      335 words
    • 272 12 71.. It' THE COMPANIES ACT, CAP. in AND IN THE MATTES OF KARYA PRATAMA SUPPLIES A SERVICES (8) PTE LID (IN MEMBERB' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at Apt Blk 235 Ang Mo Klo Avenue 3 #05-1100,
      272 words

  • SHARE INFORMATION
    • 4232 13 INCREASED selling pressure during the afternoon session caused most share prices to end at their day's lows on the Singapore stock exchange yesterday. Blue chips, trustee and speculative stocks were all sold lower in what one dealer said "was a technical adjustment" following
      4,232 words
    • 215 13 SINGAPORE Risaa Mkw >™° tan &n :i* rag" Trowtmofce 90 +6 §T CAM -**21 -4707 M ~»wn« ?i° +5 rrotv -***** -922*7 MGZT 25 ti ST ***** 712*4 fp lEtf. 87 tt 2)17 42 21*9 42 li n* §i 1\ ST Hotak ***** ***** U 0 F
      215 words
    • 3074 13 BID and after prices officially listed and Maw in and reported to the Stock Exchange of Stagapore yesterday with the number of Aarea traded shown la brackets hi lots at 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,074 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 629 14 Hongkong Land hives off Dairy Farm to Jardine Matheson AFP THE HONGKONG stock market Is watching with keen interest the sunwise Noblehouse saga featuring two of the colony's most high profile companies Hongkong Land and Jardine Matheson. Under the deal, Jardines, Hongkong's oldest trading house,
      AFP  -  629 words
    • 4 14 AN-haw high
      4 words
    • 239 14 Monoocrs pricts for July 16 Wngipow Unit Trust The Commerce 0.83 0 89 The Saving* Fund 0 75 0.81 S'pore Prog Fund 035 0.38 S pore Sec Fund 0.60 0 65 S'pore Invest Fund 0.56 061* S'pore Equity Fund 0 42 0.46 Asia Unit Trust Mai forest Fund
      239 words
    • 465 14  -  n By AMY CHEOK INVESTORS in the Singapore stock market should really begin to focus on the potential good news and not talk themselves into a depression by Just focussing on the bad, according to a stockbroker with Kay Hian A Co, Tang Wee
      465 words
    • 385 14 MBT PLANS are now under way at Harrisons Malaysian Plantations (HMP) to acquire an equity interest in a food-based concern. The acquisition will be a starting point for bigger investments in the food business in future, chairman Tun Ismail bin Mohamed All says
      MBT  -  385 words
    • 470 14 AN ENCOURAGING start (altered on a lack of fol-low-through support and share prices fell back to close easier at the Kuala Lumpur stock market yesterday. It initially appeared that the market was headed for the third consecutive day of gains. However, the
      470 words
    • 1892 14 BID and offer price* officially listed and burin— in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots oC 1,000 units unless otherwise MDUSHMLS Acm (1406) (I) 140 xd AMD (3065) (I) 306 Alcoa*
      1,892 words
    • 220 14 DEVELOPMENT AND COMMERCIAL BANK Beatad: Zlsl AGM at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, today at 10.30am. GEORGE KENT (MALAYSIA) BerkM: 35th AGM at No.2 Lorong 19/1A, ***** Petaling Jaya, Selangor, tomorrow at 11am. METAL BOX SINGAPORE Limited: 11th AGM at Hotel New Otani,
      220 words
    • 640 15 TOHoa mm™ HOCK LOCK SIEW EASILY the most intriguing aspect of the proposed restructuring of Rothmans of Pall Mall (M) Bhd's is the timing of the Malaysian Chinese Association's protests. The restructuring was first announced in September last year when it was made clear
      HOCK LOCK SIEW  -  640 words
    • 296 15 SIME DARBY Bhd will withdraw the listing of its shares from the Stock Exchange of Hongkong while retaining the listing of its subsidiary, Sime Darby Hong Kong Ltd (SDHK). Sime Darby Bhd said the reason for the delisting is that there is a
      296 words
    • 828 15 SHARE PRICES yesterday extended Monday's sharp fall with sentiment further aggravated by Wall renewed Early selling interest was modest but the market remained unsettled by concern over the downward trend of oil prices and its damaging effect on sterling. At 0827 GMT, the FTSEIOO Share Index was 10.4
      828 words
    • 528 15  -  Republic's first international counter-trade company By NAJEEB JARHOM HAW PAR Brothers International has seized the initiative in answering official calls to increase the Republic's trade by promoting barter and countertrade. The cash-rich trading-based conglomerate has set up Singapore's first international counter-trade company
      528 words
    • 442 15 THE KUALA LUMPUR Stock Exchange's proposed seat money system has placed a premium on seats in the Kuala Lumpur area, including Subang Jaya and Kajang. According to the proposal, new stockbroking firms in the Kuala Lumpur area may have to pay as much as
      442 words
    • 305 15 SPECULATION IS RIFE in London that Hongkong tycoon Sir T K Pao, who is now the single largest shareholder of Standard Chartered, may be appointed chairman of the Far Eastern division of the UK-based international bank. The expected split of Stanchart into the
      305 words
    • 75 15 TRADING IN Sri Hartamas Corp shares was suspended at the company's request yesterday afternoon pending a major announcement. Prior to the suspension, the counter was hotly pursued to as high as $1.89. Its last traded price of $1.87 in yesterday's first session was 18 cents higher than
      75 words
  • Page 14 Advertisements
    • 173 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Austasla Maritime Pte Ltd of 70 S'henton Way #12-02 A, Marina House, Singapore 0207 hereby give notice that in consequence of the Intended purchase of the vessel "COLUMBIA STAR" by us, we have applied to the Registrar of Singapore Ships, under
      173 words
    • 190 14 TOE' Utt'V ¥9, CO(PTE)LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 185) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the Liquidators, 5001 Beach Road, #03-50
      190 words
    • 221 14 NOTICE IS HEREBY GIVEN that, I Tan Guin Huat of Blk 682 Race Course Road #05-329 Singapore 0821, have applied for a Retail Liquor Shop Licence in respect of premises at M/S Thye Hoe Co. at 681, Race Course Road #01-309 Singapore 0621, and that this application will be heard
      221 words

  • Page 15 Advertisements
    • 62 15 THE TOKAI BANK, LIMITED SINGAPORE BRANCH U5530,000,000 Negotiable Rooting Rate US. Dollar Certificates of Deposit Due August 28,1987 Pursuant to Condition 3 of the Certificates, The Tokai Bank. Limited hereby gives notice that it will repay all the outstanding Deposits on the Interest Payment Date falling on August 27,1986 at
      62 words
    • 589 15 KOREA'S LEADING BANK KOREA S EXCHRNBE BANK (INCORPORATED IN THE REPUBLIC OF KOREA) 31st December 1985 Report off the Ind We have examined the statements of condition of Korea Exchange Bank aa of December 31, 1985 and 1984 and the related statements of earnings, chasm in equity capital and changes
      589 words

  • 436 16 CHAN HO Engineering Ltd and Rhino Industries Pte Ltd, and five of their directors were brought to court yesterday on a total of 206 tax evasion charges stretching over 10 years and amounting to more than $1.5 million in unpaid tax. Chan
    436 words
  • 498 16  -  Sizeable gain from disposal of Crosby House By RAMESH CHANDIRAMANI WERE IT NOT for the sizeable gain made from the sale of one of its leasehold properties last year, the Singapore operations of Standard Chartered Bank would have reported losses, the first time
    498 words
  • 554 16  -  By BRIAN GOMEZ Regional Correspondent THAILAND'S gross domestic product has been forecast to grow by at least 4.5 per cent this year as the economy reaps the rewards of plunging oil prices and conservative economic policies. Analysts have recently revised
    554 words
  • 395 16 THAI DEBTS denominated in yen have risen by 40 to 44 per cent as a result of the rising value of the Japanese currency, according to the Hongkong-based Political ft Economic Risk Consultancy Ltd. The company's quarterly analysis said the Japanese portion of
    395 words
  • 214 16 Reuter THE JAPANESE Foreign Ministry yesterday called for a "second opening of Japan" to rival the revolutionary turning point of 1868, when the country emerged from centuries of isolation. In its 30th annual review of foreign policy, the ministry threw its weight behind calls for
    Reuter  -  214 words
  • 520 16 LOCAL COMPANIES want the government to buy Singaporemade goods whose price and quality, they say, are as competitive as those of imported products. This will be one of the recommendations that the Singapore Manufacturers' Association local industries committee will put forward to the government
    520 words
  • 81 16 AFP INDONESIA and Japan signed a 10-year contract yesterday for an annual supply to Japan of 1.96 million tonnes of Indonesian liquefied petroleum gas (LPG), starting in 1968. President-director of Indonesia's state oil company Pertamina, Abdul Rachman Ramly, said that the long-term contract would cover
    AFP  -  81 words
  • 101 16 AP THE US SPACE AGENCY does not expect the space shuttle to fly again till 1988 and its engineers are working on a totally new design for the booster rockets which caused the Challenger's crash in January. The new design will be developed in case no
    AP  -  101 words
  • 77 16 Reuter COMEX GOLD FUTURES opened firmer in thin trading early yesterday and recouped most of Monday's light losses. Firmer overseas prices sparked some short-covering, and lower US interest rates also helped. Gold for August delivery traded at U*****.40 an ounce after opening at USs347.x. Silver futures
    Reuter  -  77 words
  • 64 16 Reuter WALL STREET stocks gained ground from the opening to stand mixed early yesterday. The Dow Jones Industrial Average gained seven points to 1801. But declines led advances by a three two margin on volume of 21 million shares. Analysts said that the perception of a weakening
    Reuter  -  64 words
  • LATE FILE
    • 55 16 Reuter JAPAN warned Argentina yesterday to follow interna-tionally-approved economic policies or forfeit a US$lOO million loan promised on Monday. Finance Minister Noboru Takeshi ta asked Argentine Economy Minister Juan Vital Sourrouille to heed expected IMF advice on the economy and repay its debts smoothly, as
      Reuter  -  55 words
    • 40 16 Bernama DEPUTY Malaysian Prime KHnWtw Abdul Qiafar arrived in Jakarta yesterday to discuss economic cooperatkm with Tnrtonesis He said that he would exchange views with Indonesian leaders, particularly on commodities. He singled out palm oiL Bernama
      Bernama  -  40 words
    • 51 16 Reuter VIETNAM'S new leader Truong Chinh yesterday pledged efforts to end the country's economic malaise. Giving no hint that he would deviate from predecessor Le Duan's doctrinaire Marxist line, Chinh reaffirmed Vietnam's foreign policy, based on close ties with Moscow and dominance over Cambodia and Laos.
      Reuter  -  51 words
    • 55 16 UPI US INDUSTRIAL production dwwud an wtlmitwl 05 per cent in June after declining a revised 0.4 per cent in May. The Federal Reserve Board said yesterday that the output index of American factories, »nH utilities had from an upwardly revised 124.7 in May to an
      UPI  -  55 words
    • 42 16 AFP THE CONFEDERATION of Australian Industry will launch a test case in the arbitration commission to the abolition of the 17.5 per cent holiday pay loading for workers stipulated in all national wage awards. AFP TION of
      AFP  -  42 words
    • 45 16 Reuter OIL WORKERS in New South Wales, Australia's most populous state, yesterday followed the lead of colleagues in two other states and called off a crippling petrol strike. The New South Wales government lifted petrol rationing almost immediately. Rteter
      Reuter  -  45 words
    • 43 16 AP A 48-HOUR strike at Agence France-Praise began yesterday as unions met management over a contested plan to trim the news agency's deficits. The plan calls for pay-offs of 300 staff by the end of 1988. AP
      AP  -  43 words
    • 64 16 Reuter THE SOVIET UNION yesterday confirmed that Soviet and US arms control experts would meet in Geneva soon to disniss President Ronald Reagan's decision to stop observing die 1919 Salt-n treaty. The White House said on Monday that President Reagan had replied to a Soviet proposal
      Reuter  -  64 words
  • Page 16 Advertisements
    • 118 16 nviivE To Itw holders of the floating rate U.S. DoNor Certificates of Deposit duo IMb January, 1999. <* THE SUMITOMO BANK, LIMITED 6 Shonton Way, #01-09, DBS Building, Singapore 0106. We hereby certify that the rate of Interest payable on the above mentioned Certificates of Deposit for the Interest Period
      118 words
    • 62 16 SPA Strategic Planning Associates is pleased to announce the opening of its regional office in SINGAPORE in support of the Finn's growing practice in Strategy Development and General Management Consulting ROYM. BARBEE VINCENT J. PIERSE Managing Director General Manager East Asia Region 143 Cecil Street #22-03/04 G B Building Singapore
      62 words
  • Page 16 Miscellaneous
    • 30 16 Outlook for todor. Cloudy. Report for 24 hours prior to 7.30pm on July 15 at tfio oirAnociotid humidity 11S Djkaatjfell fLI« —nut k KOInTOI! THIS HHH'III Romy days this month
      30 words

  • SHIPPING TIMES
    • 97 17 Reuter INDIA'S state-run Moghul Lines Ltd (MLL) has merged with another governmentowned line, Shipping Corporation of India (SCI), an SCI spokesman said. The merger is aimed at reducing MLL/s operating costs, he said, adding Moghul has incurred large Tosses in recent years. He gave no
      Reuter  -  97 words
    • 130 17 AFP MITSUI OSK Lines Ltd, a leading Japanese shipping firm, said it had decided to set up a wholly-owned subsidiary in New York in a bid to boost its trans-Pacific operations. The US subsidiary, Mitsui OSK Lines (America) Inc, will start operating on
      AFP  -  130 words
    • 375 17  -  By LINDA CHEE MASTERS OF SHIPS came under close scrutiny last year following investigations into shipping casualties by the Singapore Marine Department. Action was taken against 12 of them, the highest recorded for any one year since 1980. The cases involved casualties within
      375 words
    • 241 17 Bernama FERI MALAYSIA will offer discount fares to several categories of passengers, its managing director, Captain Ahmad ftifftin said. A 25 per cent fare discount would be given to school children and those travelling with families and a 50 per cent
      Bernama  -  241 words
    • PORT SIDES
      • 105 17 Reuter THE BACKLOG of foreign shipbuilding orders at Japanese yards continued to fall on a gross-ton basis, with 235 ships totalling 5.88 million tons at end-June against 233 for 5.99 million at end-May and 360 for 8.35 million at end-June 1985, the Japan Ship
        Reuter  -  105 words
      • 86 17 Reuter SAMSUNG Shipbuilding and Heavy Industries Co Ltd has signed an agreement to produce 5,000 small bulldozers for JI Cue Co, a subsidiary of Tenneco Inc of the US, Samsung officials said. The contract is valued at about US$lOO million, they said. Case will provide Samsung
        Reuter  -  86 words
      • 170 17 MAN-B W delivers engines FIVE ENGINES of the 6L 58/64 design have been delivered by MAN-B 6 W Diesel less than a year after it appeared in the market. And another 18 totalling 231,490 hp are being ordered of which 11 are placed in Germany and seven with three licensees.
        170 words
    • 1245 18 BUSINESS was mixed on the London shipping freights market on Monday with no apparent change in a weak rate structure. In the grain sector, for Instance, Krohn repeated U554.75 (fio) for the Genoa to work 52,000 tons of US Gulf grain to the Netherlands in late-August position. Also
      1,245 words
    • 1109 18 Thirty years ago the Suez Canal was in the middle of a tussle between Britain, France and Egypt. The adventure ended in disgrace for Britain and France. But what was once a place of war has turned out to be a money
      AP  -  1,109 words
    • 135 18 UPI AN INFLAMMABLE liquid chemical spilled into water after a triple shipwreck in a busy sealane in western Japan on Monday, forcing maritime authorities to call in about a dozen patrol and fire fighting boats to seal the area, officials said. They said there were no reports of
      UPI  -  135 words
    • 297 18 FT THE SURGE in the value of the yen has increased the urgency of the capacity cuts being worked out by Japan's shipbuilding industry and the government, an official of Japan's Ministry of Transport said. Cuts of 20 per cent
      FT  -  297 words
    • 881 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkid Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Aqua Lines VI 4 Arrow Lines X 4 Altos Line X 3 ANL 1 1/2 APC Line V 4 APL II 2/3 ASCL
      881 words
    • 174 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 AMRO(STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta
      174 words
    • 469 19  -  ■y Kingsley Wood IN A stinging attack on the Actu-backed shiprepair campaign, the Australia Chamber of Shipping says that for more than two years shipowners have been subjected to a whole series of what can only be described as ransom demands by
      469 words
    • 189 19 AP TAIWAN'S government-run China Shipbuilding Corp lost NTSL2 billion (US$3l.5 million) in the last fiscal year, even though it laid off 1,400 workers to cut costs, a Taipei newspaper reported. The Chinese-language economic daily news said it had seen a copy of the company's latest
      AP  -  189 words
    • 730 19 AFP RATES (ailed in most cases to respond to brisker activity in grain, coal, sugar and timecharter sectors over the past week on the dry cargo market, against a background of overabundant tonnage. Current market weakness was illustrated by reports that a major grain bouse was seeking tonnage
      AFP  -  730 words
    • 189 19 Reuter MITSUBISHI Heavy Industries, MHI, has been asked by one of the Tung Group's Japanese creditor banks to reverse a decision to cancel deliveries of four ships to the group, MHI company sources said. Although they declined to give further details, they said the application
      Reuter  -  189 words
    • 94 19 HITACHI ZOSEN has won a contract to refurbish the former P A O cruise ship (Huh for its new role as Japanese fUfrttig exhibition and cultural centre. Work on the 4U>Hrt Oriana will include complete repainting of the bull and removal of the propellers. Hie strip
      94 words
    • 4467 24 3®aBG)QEB 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
      4,467 words
    • 706 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 Jenwel 27/86 16.7.86 1700 Thong Soon F1 0800-0900 V2 Neustodt 66EB 16.7.86 2300 Maersk F5 1400-1500 A2 Kiti Bhum 041 16.7.86 2300 Samudera Ind F1
      706 words
    • 421 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Builder 3 K23 Thong Soon alongside 16.7/0600 Nha Trang 02 KI6 NAPL alongside 16.7/0100 Nour K32 Str Tptn alongside 16.7/0600 N Barcelona K12 Ned-EAC alongside 167/0600 Ocean Trader K19 Malay St alongside 167/1700 Tomoh Satu K19 Kie Gwon
      421 words
  • Page 17 Advertisements
    • 485 17 Concise Comprehensive Contemporary ngOMiMtr ID FEDERAL c? RVS EUROPE EXPRESS SERWIIE MM MTK MDKCS (tog. 242*4/ OIK) 70 Stanton Way #04-03 Mam* Horn* Swgaport 0207 Td *****11 TUEX NO US ***** CFS OfFO TPC #03-02? Td *****31 m< *****32 Terminal olkct TPC #***** Td *****90/*****93/*****01 ■cm m cxianoai S>m U
      485 words
    • 74 17 THE SUEZ Conol is still running efficiently offer 30 yeors. Page II IN A stinging attack on the Actu-bocked shiprepoir campaign, the Australia Chamber of Shipping soys mat for more than two years shipowners hove been subjected to a whole series of what con only be described os ransom demands
      74 words
    • 809 17 THEUfIGON Anatbt MI pRAW 900 a bootthopi Ppubucoions THE HEART OF THE DRAGON MAERSK LINE m Voy IS* pore 3.1 >\w:i .31 *Saapor« Ona T«b •Of-71/7 lSw ME CT M/ 7 23M MB 2/1 VI I/I 11/1 IC/I 17/1 a/i m/i H/l 31/1 M 1/1 22/7 nn VI 12/1 mo
      809 words

  • Page 18 Advertisements
    • 187 18 ■UU I Ii.i.TTT Y.S. LINE STRAITS FEEDER ■> YAMASHITA-SHINNIHON LINE TRAMS-PAOFIC SERVICES North w»st I Atlantic/Canada at Kao I Faadar at Nagoya mii/ifl ITT inrMPMFarMfFi mmm nr ILLVMI i I'J rrrw IP7TTTM IH't FM: iimm it jm IfTTTTTM ir'iTl imm EE 1 L'j-Ji nnnnnn mnni'ii MIDDLE EAST Full Container Service
      187 words
    • 81 18 Supercarrier Service 1M 117/1 I 22/1 a/i x/i a/» 13/9 11/1 1V» v/ 9 an nn vh P7<r« Elf >■'<! CONTAINER SERVICE W/L AGENTS BARBER WILHELMSEN AGENCIES PTE. LTD. SMUTOK *****77 OUTWARD FIT ENQUKS/WQ *****50 CUSTOMER SERVICE *****20 Harrisons I CrosteM (Malaysia) Sdn BM. K Lumpur *****55/*****70 PT DJAKARTA LLOYD.
      81 words

  • Page 19 Advertisements
    • 545 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Brunei Ports end Bangkok [CONTAINERSHIP SERVICE TO UK CONTINENT rta MWI 11/* 13/1 19/9 19/1 23/9 25/1 11/1 92/9 •7/9 99/9 IC/9 lt/9 24/5 21/9 •1/11 93/19 99/19 11/11 M/ii u/M 15/1 19/9 a/t a/t 27/1
      545 words
    • 581 19 Franco Belgian Services MFMBER OF ACE CONSOR7JUM ~T hMrt (MM) 4h| IMI 7MI 9MI M taf 12% CM 23 M (21 MO 11 Ml 12 Ml MMI tf Ml 17 Ml 19 Ml Oil MM (MM) MMI If Ml BMI 21 Ml BMI MMI Mi IM(«M>2IM MMI 0M MM BMI
      581 words

  • Page 20 Advertisements
    • 216 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS 121/7 25/7 27/7 a/7 21/1 11/ l 23/9 14/4 i/% n/t n/t w* 19/9 13/9 FROM N CONTINENT &UK IMPORTS Agents 3EGANI *****88 K. Imp* *****25/8/1. *****11 *****49 *****71 f. fatal *****18 *****40 CFS *****50 *****44 tmm *****7, (***** /> *****33 *****3 if INTERNATIONAL FREIGHT FOfIWAROERS
      216 words
    • 517 20 FULLY CONTAINERIS ED SERVICE 10 fUROPf VIA Silt son us moo sen C. a. TOR TO M nber ot the a e Consortium FROM hIROPF VIA SUE M sM, h Vu 4 Con r (24/7) 22/7 28/7 (31/7) 24/7 2/1 3/8 8/8 7/8) 5/8 1/8 10/# 13/S (14/1) 12/1 |IS/8
      517 words
    • 251 20 OL Hai Sun Hup Co (Vie) I id rf L ;voi9of. (?0 Lmesi TL* H 2 .'O6l A RS 20h~"2 t I \M I R\ \K I IM K 1 II > STRAITS/JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I IfM INTERMARITIME LTD K. KM* (9* Hmi) M
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    • 800 20 o EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) em earn no GOME Enctia in mi en sum emubb RLSORCCOTMI i) mnt nn nn nn vn nn nn nn nn M/ 7 vi M 1/1 u/i iv> lVt wi u/i wi a/i a/i an wi a/t nn in i/» vi
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  • Page 21 Advertisements
    • 647 21 PACIFIC INTERNATIONAL LINES y PIL Building. 140 Cecil Street 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE KM KEE 17/7 nn M 11/8 20/ a nn 1 n it/t •TCH TAICHUMG MURORAN (NOKIUUDO) *HTC NTT ACM INDONESIA CONTAINER SERVICE VESSEL SKA VICTORY SM JKT PK SM 18/7 3jL r
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    • 644 21 BENLINE CONTAINERS OPRESS CONTAINER SERVICE TO UK/CONTIBIT TMi liprau EXPRESS CONTMNER SERVICE FROM UKVCONTMXT taM li*ms SaM SjM Mm lay SaM M FrMktarl liprtu 3/1 S/l 6/1 VI 11/ l 29/1 Car*aa9ar 11/1 IVI 14/1 11/ l 11/ l S/9 Mm Man 17/1 11/ l 21/1 22/1 24/1 IJ/1 Ml
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    • 340 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUII LLOYI p.t. immm mmmm p.t. nmm um EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE (mil lum BWWWW—I -MMM mm I»PHJSI t/i »/i 11/» IVI ic/t no ttm/mm wwm [FSB ~S/WUMC 1.1) m t-11/l IV» 1/1 M/ 9 M/» "ST-
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    • 290 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STM (Burmese National Law) Lotting for Rangoon S'part Plata* hmm i 11/11 M 1/3 km V* BANK LINE NOBTHBOMR) TO IMC SPOBE ABJM MU NMS FOTWMK fICN 29/7 19/9 2C/I 23/1 TANMLA SAMOA V 7 5/1 1/9 lfi/9 13/9 TOAKA MUGN V.l 24/9 21/9 27/9
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  • Page 22 Advertisements
    • 1098 22 USA CANADA ATLAIfTTC COAST (Round Th# World SwviM) a PATRKJT *30 PL CORAL vs N MK V 3 STOK 1) M 12 Ami n M 21 Ami Am 1 Sep K LINE KAWASAKI KISEN KAISHA, LTD. cms 24 Aug 2 Sep 13 Sep m 26 Am 3 Sep 15 Sep
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    • 328 22 <33 AUSTRALIA EXPRESS 0 N)U EXPRESS CONTMKR SERVICE ftftlllttU) FCL/PCL ClllUhlln JAPAN SERVICE T 1 sns sx: ,fNTS S!N(,«Pf*f HIMABMOY SONS Hf lIP Tit iMfufc 118 »lOt II it SI'N Hm< in «> ■<. m «N' «(-•>' PtNSNi, U H)M»BH(i* K SON- m N HUT' [■3 PELNI LINES 1C MFHES
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    • 443 22 I<G.G> GUAN GUAM SH I Mmt V ■—'4 wmmm u« m sum <M ikd STRAITS/PERSIAN GULF SERVICE: amiim MMO Cotoßbo/Uncfc/lfcM 0»h*» Dubii/Bihrw cm am WUh Murto/lMcta/ft**/*"* GOLDEN LINE GWN GUM SWIM (PTE) LTD Sport PMm|Pm nm m- ivu fa| M Bf F P. KDJUK T* 93-3617*1, XR pOWK^-Jft; 7. Tfai
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    • 279 22 INTRASEA (PTC) LTD h > t iri s2 7 1 6 mte S• r> upi'e 020 7 Te 2 2 41> S 1 o BREAKBULK SERVICE TO EUROPE/UK y Mi PHILITRON SHIPPING AGENCIES PTE LTD TFt *****22 (8 LINES) If 11 RS ***** PHIL I i: i. a M/ 7,
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  • Page 23 Advertisements
    • 449 23 NEPTUC MOCKS PTE. LTD. M cn MM rnmn zmm imm *****22 mini MMRTUD Z7MI» wmiis \\NEPTUNEORIENT LINESOTD |M instil, OUU at 2757M4 KMC am aw. mtmj/jmm/nmwwmH mM so* m. m»77i/mmim/mm2b nepim SOIL MD tifx»/tm»fzttm/ami/vmi Mm accapM| cap to/haa ScaMi 4 FROM EUROPE (VIA SUEZ) arass CCMYNBBE Mconmai OCHO 4K MUX
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    • 297 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN INCHON Mm 17/7 H/7 VI 11/1 17/1 21/1 IJ-11/I (OH *n «n M > ,IN N(f'l INI »UNt lIS PI( I 1[) f'J .B.XI* '*.)> :.'t' 1 '(tpfr.it.on' u .'.'('VM I-utuji .'.'o. v.ri .'.'(i.'sui ns u» I'M!
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    • 489 23 m sinsov SINGAPORE SOVIET SHTPMG CO PRIVATE LTD SMSOV BURJNNG 55. Market Street Sinfapere 0104 Tet *****33 (15 Lines) Ti Cable Address SMSOV SMGAPORE Teki Numbers RS ***** IS ***** RS ***** r kranc M/S SHARMAT MAN SOON S9M 0». IST AND 2ND FLOOR. NO 1. IALAN CEMPCNMG. PORT KLANG.
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    • 61 23 V// Tl I,i\r: I JAPAN HONCKONC iTRAIfS I I V.IM turn «.u M V.IC2A MM V.IA &M IS/7 l|/7 21/7 22/7 27/7 tart imj I* ai T«* Mf fcf 1M ha Ml 22/7/11 4 I MM I2M to*. Ttaw to Mtar aftar Mi Mt. snbuuw mm i HT.Y. TFTWCO. HL
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  • Page 24 Advertisements
    • 368 24 IP REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) vessel TIMS HM NO. 2 vwu, 2 ■or <■> i t -I rrn m TWFri *****/7 15/7 10-20/7 20/7 20-20/7 20-20/7 22/7 22-23/7 24-25/7 20-27/7 27-27/7 27-27/7 29-30/7 imnrTTT#! inaEEa BBS 3 ICEIE22I trfi *ima I "'iiimra BENGAL BAY CONTAINER FEEDER
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    • 81 24 •HORNS LEE-HL3 25/7 21/7 •HTE SMNB-MVI2 5/1 (FMty CwUfcwrinl Wnka) Cafetan (Fa, LCI SOC) *54 T«i nisra rOTMB CMED »ft« MM TMC S M smut wan wemchamgi 10 AHWH HO i #27-15, MTBMATNM TEL: 2MW3I. BIW PTE LTD fcL PLAZA. AQUA LINES LIMITED (Bangladesh Flag) Vmnl PL K clang P»mb|
      81 words
    • 52 24 irm. CORMORANT CMaga SM PR PNG lM*| TRIAD PASS WCTORY 20/7 *1 STAR LANAO 31/7 Jk MULT PORT AGENCIES IS! PTE LTD c: rwso* nn'Sf smci*** :?c yi i tll B«V <»* j|:'=Ml] i.M! H H Emus GDOAI MTERNAVE MEMOES Pit LTD AGENTS: #2249 KTERNATRMAL PUZA STORE 0207 TEL: *****00
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  • Page 24 Miscellaneous
    • 172 24 Regional Weather S R %s\ 4 *7i I jgf i £2 <► e c i SIGNIFICANT FATHER AND SEA CONDITIONS AT 7JO AJI. THIS MORNING. LEGEND: R Thunderstorm Temperature c y^X > Weather Wind direction with speed m knots Shower C j ee Ram Wave height Cloudy Sky Surfocc winds
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  • Page 25 Advertisements
    • 166 25 BATAM. DUMAI, PEKAN BARU REGULAR SERVICE VMMt ETA ETD Loading tor BARGE ENG TOU 95 17/7 19/7 BATAM/ P. SAMBU NASIOMAL 18/7 19/7 OUMAJ/ P. BARU NASIONAL JAYA 21/7 22/7 DUMAI/ P. BARU ;jomr operators KOH t SONS SMPPMG PTE LTD FLEET SHPTMG 111>- lay MI mi K/K MBBHM I
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    • 262 25 RT. PERMTIS LINES WMKiy MB UNIUMT ii Nil BSQ VOT SNHPOK JAM MSCTM 53-54/86 11/7 20/ 56-SC/K 25/7 27/ 57-58/86 1/8 3, General Agents: Asia Perintis Lines Pte Ltd' Tel: *****33 ffo NEW FUNNEL TRADING CO. Un» 103 Block 16 Porvaon loop. Singapore 0512. I 1 let *****09 !l» RS
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    • 202 25 iIOO HIM SHTfMG (TIE) LTD., u m cumm uk. #02-14 TaJM24X. 29(31(7 TELO B 3M71 tjjrri LEQMG SHEN SHIPPING YfifcL (S) PTE. LTD ETA no DOIMim MELAKA JAYA ta tot 19/7 KUCNMG, SMI, SMHKQ NEW UNE WO. 2 21/7 24/7 KUCHNG. SBU, SAME 11-A, STANLEY STREET. STORE 0106 TEL- *****70,
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    • 39 25 BOMBAY EXPRESS FCL LCL SERVICE REGULAR LINER SERVICE TO MM/BANGLADESH PORTS. ETA ETD OBTMTKM MAMA Kit VOY 24/K 22/7 21/7 CtfTTAGONG PA® VOY 10/K 11/7 21/7 RAMGOON/IBY M, CMI Mm) #15-01 DUNN MOUSE TEL: MM (J UNES) Mta| »W
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    • 195 25 ETrnrmrmT TAIWAN TO SM6AP0RE ft ASEAN WRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* spore pjsuiK ram Pt 6. SO. AT AN W Ml bM 13/7 15/7 2k W W. MALAYSIA 0 FROM SOUTH-EAST-ASIA TO AND THALAND. OCEAN MT1 MARME CORP PTE LTD *****11 (S UNES)/*****49 (Owct) 190 INDOLE ROAD
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  • Page 26 Advertisements
    • 371 26 f CROSS WATER J REGULAR TRANB-SMEMAN CONTR. SERVICE FCLACL TO: um./Hmjmnrna*mwukrmaH Penang f. Ketone S'pore Vb Vostodmr 15/7 IS/7 17/7 Vb Btocksea 11/7 19/7 20/7 Mm accepltai via Turkey to kin Via Bb<* Sea to Mkran/btanM/M Eastorn European Countries WEEKLY USA (LCL/FCL East/West Coeet) H ITA AJA: .l.f/.llKi Accept LCL/FCL
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    • 381 26 HEAP SEW TRADING I SMPMNC PTE LTD •001 REACH ROAD #13-01 QOLOEN AMLE TOWER TEL NO. *****22 (3 UNES) TLX NO. RO ***** HEAPCO .if.; H■. n;<vi>:i;;.ll t \ajL's. 1 u Mr 22/21 Mr II Mr 29/ M Mr tN v* In Pm, UTI MM— ON M T* M4142N/M4lCin Pwtl*«
      381 words
    • 606 26 C.Y. LINE (A Miwbtf Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAfERISED SERVICE TO EUROPE (VIA SUEZ) MM SIS HBO mcAim m G> ICKTO INI CMM CORTMO *3 VI 7/1 l/l U/i 12/1 U/l 11/1 12/t 14/1 IVI 17/1 U/l ii/i u/i a/i a/t a/i n/t a/i
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    • 654 26 Everett Lines COMPANA PERUANA DE VAPOREES (CJ>.V.) "PERUVIAN STATE LINE" LoadMt tor Cato Mat*an It and af otter Pcrvna* ports wtt transtapMtnt at Rate On CPV Ihronfti Bits ot Lad** to tnal festMrtm JOMEWKTT MUMAYPOETT thomasvoett 25/21 M 9/10 22/23 k* JAPAN/BAY OF BENGAL/JAPAN SERVICE LOAOMG FOR HONGKONG*. YOKOHAMA, KOBE.
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    • 235 26 ZIM NON-CONFERENCE RRKPENKOT Rti CQHTMKX BNKE niM» carpn to UM East i Not Caasl CanteaaafMt Can* mt HAITI r;-TTn rr rm ojm ram BAM I UK SYDNEY ETA 20/7 fi lIR I—II MKCT d Miiiiiiiiii Partk Mw LCL/yg to 1 If 22/7/88 12/S/K lt/S/K I 22/t/K I 'l I i'i
      235 words