The Business Times, 21 July 1986
1986-07-21
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The Business Times
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Title Section12 1986-07-21 1 BUSINESS TIMES M.c. (P) No. 192/12/85 MONDAY, JULY 21, lttt 75 CENTS12 words
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583 1986-07-21 1 BOEY KIT YIN - Strong overseas demand boosts exports By BOEY KIT YIN MANUFACTURERS of colour television sets (CTVs) are enjoying a second year of good business, fuelled by strong overseas demand. Available data show that domestic exports of colour television sets soared more than 67 per583 words
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387 1986-07-21 1 UPI, Reuter THE MIDDLE EAST Economic Survey (MEES) said last Saturday Saudi Arabia had abandoned its commitment to the previous Opec crude production quota. MEES said Saudi Arabia effectively abandoned its previous self-imposed commitment of crude production within the 4.35 million-barrels-per-day limitationUPI,; Reuter - 387 words
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275 1986-07-21 1 Bernama BERJAYA, which was allocated one parliamentary seat to contest in the coming Malaysian general elections, has decided to quit the National Front coalition, citing "re-structuring purposes" as the reason. Berjaya president Datuk Haji Mohamed Noor Mansoor yesterday said the party's supreme councilBernama - 275 words
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121 1986-07-21 1 Reuter MALAYSIA'S main opposition party yesterday urged voters to deny the ruling coalition the two-thirds majority it has enjoyed since independence from Britain in 1957. Democratic Action Party (DAP) Deputy SecretaryGeneral Lee Lam Thye said this would help defend democratic rights.Reuter - 121 words
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Article340 1986-07-21 1 AFP ANOTHER FIVE countries joined the mushrooming boycott of the Commonwealth Games late last Saturday, taking to 23 the total number of teams who will be missing when the 13th Games get under way in Edinburgh on Thursday. Steve Cram, England's double middle-distance world re-cord-holder,AFP - 340 words
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147 1986-07-21 1 AFP BUCKINGHAM PALACE denied yesterday reports that Queen Elizabeth was "dismayed" by the policies of Prime Minister Thatcher, particularly her rejection of Commonwealth calls for sanctions against Pretoria. The Queen's press secretary, Michael Shea, said: "As with all previous Prime Ministers, the Queen enjoysAFP - 147 words
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481 1986-07-21 1 ALVIN TAY - By ALVIN TAY THE OVERSEA-CHINESE Ranking Corporation group has offered to buy from minority shareholders their 25.8 per cent stake in subsidiary Building Society of Malaya (BSM). The consideration for the purchase will be the issue of new OCBC shares, worth about $2.6481 words
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212 1986-07-21 1 OVERSEA-CHINESE Banking Corporation has told the Stock Exchange of Singapore that it has received information on the sale offer of International Trust A Finance Ltd, but that there is currently no negotiation for the bank to acquire a stake in the finance212 words
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Page 1 Advertisements
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Advertisement101 1986-07-21 1 Need a housing loan? Wwroov. 737-7977 |*e) Mortgage And Finance (S) Ud J/ A wholly-owned substdury of Hongkongßank 6 Claymore HiU #<D-00. Qtynorc Plaza. Singapore 0922 Sony First to Bring you the Portable Office Save Time: Record Your Thoughts Immediately •Wherever You Are Whenever ideas come into your mind Dictate101 words
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Advertisement260 1986-07-21 1 RICHARD SEAH interviews 83-yeor-old Yip Cheong Fun (below), who is ocknowledged as one of Singapore's top photographers and named by the Photographic Society of New rorfc in 1980 as one of 10 "Honorary Outstanding Photographers of the Century". &~[&&$\,!^">/|=-.]['$,\,!;)+}>} MARKET REVIEWS MONEY EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV RADIO BRISTOW260 words
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Advertisement119 1986-07-21 1 Poge 8 Trans-Pacific JAL's terrific Regular connecting flights from Singapore via Tokyo with a flight schedule that's second to none. Over 60 flights a week to 7 major U.S. cities and Vancouver. Direct to Expo in Vancouver. The Executive Express leaves Tokyo daily flies non-stop and is the first to119 words
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Advertisement19 1986-07-21 1 A-ONE BOUTIQUE PTE LTD LIANG CCXJ»T COMPLEX 177 mvtß VAU.EY WOAO UMI »<• SJMGAPOef 0617 TELEX ftSMKK ACCGi TEL ]MDO19 words
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MANAGEMENT
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Article, Illustration1189 1986-07-21 2 DAVID GABRIEL - Company rides out changing business fortunes Small business i casebook By DAVID GABRIEL THE LESS WELL KNOWN and perhaps less glamorous side of the computer business, software systems houses, are typically small businesses in Singapore. They have spawned in this market either1,189 words
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Article, Illustration406 1986-07-21 2 TSANG SAU YIN - By TSANG SAU YIN, Management Correepondent WOMEN LAWYERS in Singapore are taking their place alongside the men in the many areas of legal work, according to a young woman lawyer. Ida Pereira who at 27 is probably one of the few young women lawyers406 words
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816 1986-07-21 2 FT DONALD BURR, the 45-year-old founder and chairman of People Express, built his "cut-price nofrills" airline into a US$l billion business in five years by breaking most of the rules. In the process, he helped revolutionise the American airline industry. But the meteoricFT - 816 words
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391 1986-07-21 2 LEE HAN SHIH - Frontiers is a weekly column on trends in science and technology, as well as new products and processes that could change your way of doing business. Compiled by LEE HAN SHIH TENS of thousand» of new investors have Joined in the feeding frenzy on391 words
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Article, Illustration205 1986-07-21 2 THE BEST KNOWN methods for ascertaining periods of fertility and infertility during the menstrual cycle are the temperature and rhythm methods. In Montreal, Bioself Canada Inc is marketing an electronic device, Bioself 110, that indicates fertility. The device records body temperature in the morning and205 words
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Page 2 Advertisements
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Advertisement262 1986-07-21 2 The Boulevard Guide to contemporary luxury and sense. Howtogeta ffi larger room at mm smaller prices. |B^| For a surprisingly economical I price, The Boulevard E,*, v > gives you a room thatHjjj£>doesn't economise on HHhhl space, amenities or furnishings. How to be at the heart l of the city262 words
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Advertisement39 1986-07-21 2 W FACTORY FOR LEASE Rental: 60* per sq.ft. AREA: 10,000- 60,000 sq. ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Interested parties please caH *****5939 words
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ADVERTISING & MARKETING
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Article, Illustration1151 1986-07-21 3 JAIME LYE - Newly-formed Batey-Hickson shows how The PR company set up by lan Batey and New Zealander Ken Hickson stirred up some heat in advertising circles when it was named public relations consultant to the Singapore Tourist Promotion Board. JAIME LYE finds out what1,151 words
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COPY LINES
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Article151 1986-07-21 3 THE SINGAPORE office of D'Arcy Masius Benton A Bowles won the Amara Hotel account recently after a hotly contested pitch with other agencies. Its newly appointed managing director, Bill Dowler, said: "We are aggressively attacking new business." DMBAB, the eight largest advertising agency in the world,151 words
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Article230 1986-07-21 3 HILL AND KNOWLTON Inc, an international public relations and public affairs counselling firm, has made a number of management changes in its Asia and Australia/New Zealand operations. The exercise in Asia revolves around the regional head office in Hongkong where local and regional responsibilities of230 words
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Article128 1986-07-21 3 THE COCA-COLA Company has reached agreement with both the NBC and ABC television networks of the US for advertising rights to the 1988 Summer and Winter Olympic Games, the largest advertising commitments within a single year in television history. At a cost of more than US$5O128 words
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Page 3 Advertisements
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Advertisement288 1986-07-21 3 How to buy a chair custom-designed for your job i 'V s A X x 05 rio A chair for the VDU operator or the typist a high-back recliner for the MD Chairs for meetings. conference rooms... chairs you can raise or lower chairs for visitors and I I chairs288 words
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ASIA-PACIFIC
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Article, Illustration390 1986-07-21 4 AFP CHINA, currently engaged in a massive export drive, has vowed that it will not use imported technology to undercut the markets of its foreign suppliers, the New China News Agency has reported. "We won't sell or in any way dump most of ourAFP - 390 words
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165 1986-07-21 4 Reuter AT LEAST 3.5 million Chinese have signed up for fixed-term job contracts in the last year, a sharp change from the life-time employment which nearly all city people enjoy, the People's Daily has said. Its Friday overseas edition said the system ofReuter - 165 words
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184 1986-07-21 4 AP THE PHILIPPINE central bank has lifted import controls on 262 products in line with the government's import liberalisation programme. The action came as government financial experts began talks with officials of the International Monetary Fund on Philippine requests for a new stand-byAP - 184 words
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297 1986-07-21 4 AFP THE ruling Kuomintang (KMT) in Taiwan has warned a major opposition group that it would soon be outlawed if it failed to abide by rules governing the opening of branch offices. The mass-circulation United Daily News said topAFP - 297 words
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109 1986-07-21 4 AFP INDIA'S ruling Congress (I) Party had devised a novel way to boost the image of its leader and Prime Minister, Rajiv Gandhi, the Hindustan limes said. The daily said last week that the plan calls for manufacturing wrist watches with theAFP - 109 words
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303 1986-07-21 4 Reuter PRIME MINISTER Yasuhiro Nakasone has said that he would pay full attention to Japan's foreign relations when he forms his new Cabinet this week. Mr Nakasone is expected to announce the Cabinet tomorrow, immediately after he is re-elect-ed Prime Minister at a specialReuter - 303 words
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Article339 1986-07-21 4 Reuter JAPAN'S Finance Ministry wants to curb the rate of increase in the country's foreign aid programme because the yen's strength makes it worth more in dollars. As the government prepares to set budget ceilings today for the 1987 financial year, a ministry officialReuter - 339 words
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Page 4 Advertisements
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Advertisement190 1986-07-21 4 t&dl \wt SHANGHAI IMPORT EXPORT COMMODITIES FAIR Organised By Shanghai Municipal People's Government Foreign Economic Relations And Trade Commission And its Subsidiaries China National Textfles Import Export Corporation, Shanghai Branch. China National Textfles Import Export Corporation, Shanghai Knitwear Branch China National Textles Import Export Corporation, Shanghai Home Textfles Branch China190 words
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Advertisement211 1986-07-21 4 PARADIZ CENTRE Modern Offices and Shops in a Premier Down-town Location. m <4 il A Paradiz Centre s5 Paradiz Centre. A 9-storey complex of modern offices and shops in a choice location just minutes to the banking and financial district of Shenton Way and a short walk to Orchard Road211 words
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Page 4 Miscellaneous
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Miscellaneous37 1986-07-21 4 Doonesbury SO HOWPWU NO. THB GET NVITEP lORDOMiDTHemwNa KHAN APPAFENTUt, MY PRB&CBSSORMAS Ji I «■> i* tt MA «r < b m n w BY GARRY TRUDEAU a ->#T; mmrA y i ins is b> I J kH ri/37 words
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REST OF THE WORLD
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120 1986-07-21 5 Reuter CONGRESS held hearings on Friday on a ban on cigarette advertising, but the White House barred sur-geon-general Everett Koop Oram appearing. The administration did not want lAr Koop, an outspoken critic of smoking, to testify akwgskV» witnesses from outside groups such as theReuter - 120 words
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Article809 1986-07-21 5 ARRIVALS Ounltr Strvk* Lfffwt From SIA SQII7 UA805 tin* 0005 KUL UA 0010 JFK/SFO/HKG SIA SQ4I 0615 MAA OA GA7104 0635 HLP MAS MH60I 0720 KUL MAS MH68I 0820 KUL GtA GA7204 0620 HLP StA SQ45 0650 MRU SIA SQ8602 0900 BWN MAS MH811 0910 PEN MAS809 words
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291 1986-07-21 5 AP THE SOVIET POLITBURO says those responsible for the Chernobyl nuclear power plant disaster will be put on trial. The politburo on Saturday blamed the disaster on gross negligence. It said three government officials were fired and that the officialAP - 291 words
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283 1986-07-21 5 NYT THE US and more than 40 industrial and developing member nations of the General Agreement on Tariffs and Trade have agreed on objectives for a new round of negotiations on freer trade that is scheduled to begin in September. The Reagan administrationNYT - 283 words
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528 1986-07-21 5 Reuter THE FEDERAL Reserve Board has lowered Its expectations for economic growth in 1966 but remains optimistic about an acceleration, suggesting it would be ready to drive interest rates lower to achieve that goal. The Fed said last Friday that it believed theReuter - 528 words
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348 1986-07-21 5 Reuter WEST GERMANY'S galloping trade surplus with Its 11 European Community partners is raising fears of a drain on other EC economies. EX) officials and diplomats said last week that West Germany, Europe's leading industrial nation, saw its trade surplus with the ECReuter - 348 words
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Page 5 Advertisements
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Advertisement67 1986-07-21 5 An exclusive and probably J unrepeatable offer... I THAILAND Only eight Thai-style bungalows 0f2,000 sq.ft. in a private tropical paradise estate overlooking Patong Beach. Available for purchase or long-term lease. The developer, William Pinsent of Phuket Land Ltd, will be at the offices of Jones Lang Wootton until July 2367 words
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Advertisement368 1986-07-21 5 Standard Chartered <1 iTV 9 I In today s volatile financial markets it is vital to have protection when the forecast looks uncertain. With Standard Chartered's Rnancial Futures Scheme, that protection is yours. i As a clearing member of the Singapore International Monetary Exchange (SIMEX), Standard Chartered Futures (S) Re368 words
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BANKING AND FINANCE
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437 1986-07-21 6 THE INTERNATIONAL Monetary Fund envisages new commercial bank lending of some US$5 billion to US$7 billion to Mexico over the next 18 months as part of the new growth-orien-tated economic reform programme which was negotiated recently. The sums involved represent a drastic437 words
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124 1986-07-21 6 Reuter THE SWISS National Bank remains committed to its restrictive money supply policy, leaving little room for falls in current high interest rates in the near future. Vice-president Markus Lusser told a Berne daily, Der Bund, yesterday that the bank would consider injecting moreReuter - 124 words
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199 1986-07-21 6 UPI TWO US BANKS have been declared insolvent and closed by federal regulators, bringing the number of failures nationwide to seven in two days and 75 this year. State regulators last Friday closed the Permian Bank of Odessa, Texas, saying the bank had beenUPI - 199 words
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317 1986-07-21 6 Reuter THE INDIAN Finance Ministry wants to keep commercial loans from abroad below US$l.3 billion in the year ending next March 31, but says actual borrowing may be much higher, a senior ministry official has said. The target is the sameReuter - 317 words
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380 1986-07-21 6 Union Bank of Switzerland UBS FOLLOWING a technically induced high at the beginning of last week, the disappearing hopes of second-quarter growth, which melted away even more as further negative reports came trickling in from the US economy, marked events on the AmericanUnion Bank of Switzerland; UBS - 380 words
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358 1986-07-21 6 Green Collier SIMEX/CME yen and D-mark futures surged to life-of-contract highs last wcjk. September yen rose sharply to as high as U550.*****6 before finishing the week at U550.*****6. It registered a hefty week-on-week gain of 206 ticks. September D-mark up 137 ticks to settleGreen & Collier - 358 words
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283 1986-07-21 6 Commercial Discount Co Ltd IN A MOOD of uncertainty, rates (or overnight funds in the local money market rose to 4V« per cent last week. But as the week progressed, underlying liquidity brought about significant declines and at close quotations were 4 3V«. The initialCommercial Discount Co Ltd - 283 words
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Article225 1986-07-21 6 First Notional (Chicogo) 7V« Four Seas 7 Fuji Bank 7Vt Generate Bank 8 Gulf Bank KSC, The 8 GuH Int Bank B S C. 7V« Hob* Bank 8v, Hongkong Shanghai 7V« Hokkaido Takushoku Bank Ltd, (The Takugin) 7W moon DOrw. 8 Indian Overseas 8 Industrial Commercial 7225 words
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215 1986-07-21 6 OCBC THE AMERICAN currency ended a choppy week's trading on a soft note as widespread concern about the health of the US economy eclipsed vague worries* about renewed central hunk intervention. The market's bearishness was reinforced by a whole string of poor numbers,OCBC - 215 words
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Article, Illustration206 1986-07-21 6 ssc-sss ASIAN currency average deposit rates for 1 the week ended July 18 MO PUCES Lorn US 7 doys 1 month 6 9/16 6 1/2 6 5/8 6 1/2 2 inont»» 6 9/16 6 7/16 3 »K>ort» 6 1/2 6 7/16 6 weh 6 9/16 6 7/16206 words
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Article31 1986-07-21 6 The rang* of col rates for the week ended Friday, July 18: Be* twmd 4—5 General fund 4 5—4 8 $m Lffo*" 11 2251- Source: Short Deposits (M) Bhd31 words
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Page 6 Advertisements
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Advertisement268 1986-07-21 6 With our financing packages, you can afford the equipment you need now. NoWs the time to tool upforfuture profits. Interest rates are down and there couldn't be a better time to talk to DBS Finance. DBS Finance 1 1 know-how. J I «CZ3| Whatever your needs, 11 I jV small268 words
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Advertisement194 1986-07-21 6 FINANCING YOUR EXPORTS COMPETITIVELY A practical two-day briefing on aN the financial options available to sell your products on the best terms po—lbis. I I i Presented by Export Credit Insurance Corporation of Singapore Ltd THE PROGRAMME OPENING ADDRESS by MR YEO SENG TECK Chief Executive Officer. Trade Devetapeient Board194 words
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SPORTS
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Article, Illustration469 1986-07-21 7 AP IT HAS BECOME a familiar situation for Australian Greg Norman one shot in front going into the final round of the world's great golf championships. He took a one-shot lead into the final round of the Masters three months ago. He lost by oneAP; Reuter - 469 words
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Article478 1986-07-21 7 Reuter After three rounds (British unless stated): 211 Greg Norman (Australia) 74 63 74; 212 Tommy Nakajima (Japan) 74 67 71; 214 lan Woosnam 70 74 70, Gordon Brand Sr 71 68 75; 217 Gary Koch (US) 73 72 72; JoseMaria Canizares (Spain) 76 68 73, NickReuter - 478 words
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254 1986-07-21 7 Reuter JEAN-FRANCOIS Bernard of France won the 16th stage of the Tour de France on Saturday ahead of a chasing nine-man pack to underline the strength of the team supporting Bernard Hinault, who retained the overall lead. BernardReuter - 254 words
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Article510 1986-07-21 7 BRIAN MILLER - By BRIAN MILLER K C NG, relishing his new status as a freelance rider, has shot ahead in the race for the local Jockey's title and, judging from the riding opportunities that seem to be coming his way, the young Pahang-born hoop could well510 words
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198 1986-07-21 7 UPI THE AMERICAN doubles team of Robert Seguso and Ken Flach beat Mexico's Fernando Perez Pascal and Jorge Loaano 5-7, 6-3, 6-3, 6-4 to give the US a 2-1 lead in their Davis Cup quarterfinal on Saturday. The tie was to be decidedUPI - 198 words
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Article471 1986-07-21 7 WALTON MORAIS - WALTON MORAIS FIRING a record-equalling evenpar 72, defending champion M Murugiah retained his title in the Sentosa Open invitation golf championships at the Serapong course yesterday. The two-handicapper, who shared the overnight lead with Poh Ee Kiat, carded a three-day total of fiveover-par 221 to win by471 words
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Article247 1986-07-21 7 AP TIM WITHERSPOON punched Frank Bruno into submission in the 11th round early Sunday morning and kept the World Boxing Association heavyweight title "because I am the great champion I was supposed to he". But the 28-year-old Witherspoon also looked like an out-of-shape champion who hadAP - 247 words
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Page 7 Advertisements
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Advertisement35 1986-07-21 7 U)i£acm Ultra. It'll change the way you play Call: 532 7' 532 7' 734 9 General Manager/Marketing Agent: Management Dunan •Easy Loan Financing •CPF Financing •5-year Buy-Back Guarantee J pr o j e c TfjqpfP!pwpwjiipp|pip|^ipppipiiwg^HlßMlßMPPfPWWPPllPilPPPPPffPl35 words
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Advertisement49 1986-07-21 7 Prime Savings Account (Daly intereet creanea monunj) Effective rate *****% Autosave (Daly Merest credited monthly) Effective rate 4-0742% Fixed Deposits 4.00% pLa.forl.2ft3 Minimum Deposit $1,000 .50% A2s< ■Hpvmwn A.OO ■IHipar annum 4 .25% p* tor t, ft 12 Head Office: 6 Shenton Way, DBS Building. Singapore 0106. Tel: *****11.49 words
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FEATURES
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Article, Illustration941 1986-07-21 8 LISA LEE - The group of Singapore businessmen who were in China recently managed to sign within two weeks five letters-of-intent. But, reports LISA LEE, it could take six months to a year before the final contracts are tied-up. LISA LEE, IT MIGHT SOUND like a new track record941 words
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858 1986-07-21 8 WHAT ONE notices first about the main streets of Shanghai are the teeming hoards of people walking up and down, riding black bicycles or packed like sardines in the public buses. Besides this constant movement of people, an evidence of change taking place in858 words
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672 1986-07-21 8 R Ma - Letters to the Editor v R Ma Dear Bk, I read with consternation that some people oppose the idea of a casino-cum-entertainment complex in Singapore, and I am truly alarmed by the sanctimonious holier-than-thou attitude adopted by some citizens. Here672 words
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248 1986-07-21 8 Lee Guan Parr - Lee Guan Parr Director Research ft Statistics Uait (Natl—al Development) Dear 9r, We refer to your press report "More retailers drawn to public sector shops" (BT July 8, 1986). Your property correspondent's inference that more retailers are deserting private sector shopping complexes for public248 words
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262 1986-07-21 8 Singapore Adam S - Singapore Adam S Dear 9r f Your July 16 leader has made some good points about? SBC setting up SBC Enterprises. I feel there is a need to be cau-r tious about public corporations establishing private enterprises. In the case of SBC,262 words
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Page 8 Advertisements
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Advertisement46 1986-07-21 8 MC(P)ll/12/ffi VOL 10 NO 7 JULY/AUGUST 1906 MONTHLY $4 s «r»ry sltow-a trior o "re Mhtfui u. i »> s What went wrong Sorting r INCLUDING LJf '~i I u State of the Economy out the signals \l6 pages on the international scene AT YOUR NEWSSTAND SOON46 words
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Page 8 Miscellaneous
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Miscellaneous6 1986-07-21 8 in Stow'. fWjC Jul*:. Wmmm mr■fißSaß6 words
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THE ARTS
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Article, Illustration1439 1986-07-21 9 RICHARD SEAH - By RICHARD SEAH THE GRANDMASTER wore singlets and shorts. Yip Cheong Fun, 83 years old, acknowledged as one of Singapore's top photographers and named by the Photographic Society of New York in 1960 as one of 10 "Honorary Outstanding Photographers of the Century", lives a life in1,439 words
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Article, Illustration754 1986-07-21 9 MONICA GWEE - By MONICA GWEE COLLECTORS of beautiful pottery had better make their way fast to the National Museum Art Gallery. Yeap Poh Chap, one of Britain's leading names in exquisite pottery, is holding one of his rare South-east Asian exhibitions here from July754 words
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453 1986-07-21 9 MARIE DAVID - •y MARIE DAVID AN INTERESTING ARTICLE on broadcasting training in the Third World written by Nandana Karunanayake, the director of research at the Sri Lanka Broadcasting Corporation, appeared in a recent Asian Mass Communication Research Ceo-! tre publication. The article explores453 words
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Page 9 Miscellaneous
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Miscellaneous1186 1986-07-21 9 THE PAPER CHASE The Third Ynr. The Source HJOpm, Channel S John Houseman returns to this third series of The Paper Chase as Professor Kingsfield, the professor who could strike terror into the hearts of his students at a prestigious law school. Also starring James Stephens as James Hart, Tom1,186 words
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Miscellaneous661 1986-07-21 9 mmwm CRYPTIC PUZZLE ACROSS I Shepherd's viiomous associate (5) 6 The sort of grass to sit on? (5) 9 Important boss full of self-esteem (7) 10 White os a layer of eggs (5) 11 What some Alsations have to eat (5) 12 Bigwig and monorch at the zoo (5) 13661 words
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INTERNATIONAL STOCKS
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253 1986-07-21 10 NYT IT USED to be that when a company filed for bankruptcy, word spread quickly that it was at death's door. Nowadays, however, seeking court protection from creditors is often viewed as the strategy that can keep a company alive. LTV Corp,NYT - 253 words
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Article276 1986-07-21 10 JULY 19 Yaa 1820 432 -30 -13 MHiub Bac r 889 350 2280 +38 +2 +50 *Wiut Haovy 431 +6 Amodo. 800 828 1300 785 660 900 1270 530 1720 •20 •8 +40 MiNu. MtouStap 516 175 +8 +3 AmNOm*. MM SmaMng. MHMAoaM 400 1320 unch •40 •21 -35276 words
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316 1986-07-21 10 Reuter, THE STOCK market finished slightly lower on Friday in moderately active trading after an erratic session influenced by programme trading and short c vering. Two steel issues among the 30 stocks in the Dow Jones Industrial Average exerted downward pressure for theReuter, - 316 words
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Article138 1986-07-21 10 JULY It c$ 22* unch Imp Ol a A hco bit Pro* Hp« 35* 15* 41* It* AJcan 14* 15* Lata 12* Bar* Of Montreal 31* Mc Bodri 35* M Canada 37* Mai 28* 27* 35 -t* 23* Canodtan bnp Sank Canooc Carina OK—tm 17* 15* 13* Nor Nor138 words
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Article208 1986-07-21 10 JULY IS Umi Tangoot Trust Bk 720 127 inch unch Un Stool 55 wdi NXATIUU WoaMru 1200 i««ch A Alpha IOSO 250 mm es A«ci 1200 unch Amaprop 415 10 Anfloi Angvaol I7000B Mich C G Smith ISIS 2800 -75 •50 Butt* ISIS 7550 unch inch 25 ♦65 inch208 words
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Article549 1986-07-21 10 us$ 27* 34* 19* 38 47 4* 91 «2M 72* 29 59* 87* 4 23* II* IS* 38* 48* 7* II* 48* 33* 13* 40* 13* *1* 46* undi •1* -2* unch 1 toidi inch 3 1* •f Borp-Warrior Brtooi Myers gruwtet Cp 38* 84* 37 1 43*549 words
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Article724 1986-07-21 10 Amsterdam JULY M Fh AM 604 00 nidi Amon 108.50 -0.5 Ahold 90 10 -0.7 Afcs* 160.50 -1.4 AHnto 152.40 40.1 AMiV 77.70 -I Amwo Bank lOt. 70 -05 AM Stotf 123 90 0.9 Mul 41.10 +0.4 Saraanq 8*500 -IS Bualaiiian Tat •aroda 216.50 >13 Un ***** -2724 words
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Article52 1986-07-21 10 UPI JAPANESE oil importers have begun to Mpesd or reduce imports at Ugkpriced crude (ram Saudi Arabia, the world's largest oil producer, and turn to the spot motet Japan's Kyodo news service on Saturday said the move was prompted by Saudi Arabia's refusal to discount itsUPI - 52 words
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Page 10 Advertisements
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Advertisement82 1986-07-21 10 M m Wmv 'to wlste, <li»e aatf entertain Tea, Singapore Style Native favourites abound at Plum's. the lobby round -theciock cole restaurant. Tea- time wM see a mouthwatering tood dlsptay that w«l bring out the "nonya'' and "baba" In your soul Fried Mifen. Vegetable lemak. Nasi lemak. Shoo Mai. 80082 words
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Advertisement166 1986-07-21 10 Treasures erf thesea The majestic Pine Court restaurant specialises in Beijing cuisine. The menu features 156 items, many of which are seafood delicacies. Among the most popular are braised Deche-de-mer, fried scallops with bamboo shoots and deep-fried shrimps on toast with sesame seeds. But the other selections tempt and please166 words
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Advertisement94 1986-07-21 10 TEOCHEW PORRIDGE BUFFET $5 50 fIHB V,v PS 1 3 ng mmm Lowers of tnje Teochew Fbrridge can enjoy a wholesome meal of traditional favourites at the TERRACE GARDEN. Priced at only $5.50+ per person, you can enjoy savoury homely dishes such as braised pork in soya sauce, salted egg,94 words
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Advertisement108 1986-07-21 10 fiapptfHours tip The Heritage Bar tl.OOam-7.00pm J? Live Entertainment Daily FromsJOOpm FURAMA SINGAPORE HOTEL 10 Eu Toog Sen Street Singapore 0105 Tel: 553 3888 PRINCESS CTERKAeE Great Meals in an Intimate Setting For a delightful but informal meal, com* to our 24-hour coStc house. Savour Pcnang't beat Chao Gu6 TUo108 words
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Advertisement119 1986-07-21 10 ;}{+^>~$$`%&[\">^.,~.)):)-?^/[. Jt> 4* 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 menus119 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration496 1986-07-21 11 NYT NOT THAT LONG AGO, the computer experts were warning that if anything was going to slow the growth of IBM, it would be the aggressive electronics giants of Japan. Robert Sobel, a business historian, even entitled his latest book "IBMNYT - 496 words
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225 1986-07-21 11 AP US STEEL is moving away from steel. ITT, formerly International Telephone and Telegraph, is selling most of its international telecommunications business. Pchi Central, which was one of America's rail giants, hasn't owned a train in years. International Harvester no longer makes reapersAP - 225 words
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Article, Illustration597 1986-07-21 11 NYT THE STUNNING LOSS reported by the Bank America Corp last week shows two sides of the bank's management, industry analysts have said. The first is inadequate supervision of its own operations, and the second is a calculated risk by new managers to getNYT - 597 words
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611 1986-07-21 11 NYT IN APRIL, Just a year after the introduction of new Coke, McDonald's notified Coca-Cola Co that it was converting its 7,000 American restaurants back to original Coke. "Our customers tell us what they want. They preferred Coke Classic," said LanaNYT - 611 words
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Page 11 Advertisements
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Advertisement560 1986-07-21 11 *v< H 05; 2* A Sfif Pi Is si' 2 Mugs of Draught Beer Only DURING HAPPY HOURS. -<53 ;i IMS til r on the house! Happy hours: 5 pm to 8 pm. Except pretnum brands LOUNGE/DISCO In Tune with You' Apollo Singapore Hotel 405 Havetock Road Singapore 0316 Tel:560 words
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Advertisement110 1986-07-21 11 2 TOP BANDS nightly Mo* P®** l m HOT DISCO COUNTRY fluMgtfltC SENTIMENTAL POP V fl|| f ROCK C VJ B B GF and you name KM Singapore's very own dynamic trio Led by Larry Fenton known music lovers as "The Blue Diamond". |really fine trio to look out for110 words
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RAW MATERIALS
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290 1986-07-21 12 AP THE WORLD'S output of soybeans is expected to (all slightly in 1986-87 to about 96.6 million tonnes from the record of almost 96.2 million tonnes in *****6. But global demand also is expected to remain about the same, tw—wing soybean farmersAP - 290 words
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1055 1986-07-21 12 AFP ATTENTION REMAINED focused on the distressed state of world oil prices last week, which in turn exerted a strong influence over currency movements. The price of North Sea Brent fell to its lowest ever level at one stage, before recovering strongly towardsAFP - 1,055 words
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Article225 1986-07-21 12 SOYBEAN FUTURES on the Chicago Board of Trade closed V« to 4Vi US cents a bushel lower last Friday, amid weather-related selling and general long liquidation. November closed 3V4 cents a bushel lower at US|s.flsVt. Forecasts for moderately cooler weather next week in currently hot and dry growing areas225 words
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Article253 1986-07-21 12 WHEAT FUTURES tumbled on the Chicago Board of Trade last Friday, reversing their firm morning trend on remarks by US Agriculture Secretary Lyng that the Administration was not considering expo rating its export subsidy programmes to the Soviet Union. July wheat Ml 10 cents a bushel to close at253 words
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Article742 1986-07-21 12 COFFEE Robust* futures closed last Friday with pared losses of £12 to £25 per tonne after an erratic and nervous session in which volume was fairly thin. Conflicting reports about whether Brazil would reopen registrations for August and September shipments brought added contusion to a market that was742 words
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Article130 1986-07-21 12 Chin—• Prodi Exdiongo 1CO Robusto 20/25% FOB NSW 480.00 Selers' mm dwM pi My 19 (SVIOOkf) Coconut oil Bufc FOB OW drum FOB New drum FOB CODTO Mixed (loose) Poppor Muntok Whit* FOB NLW Sarawak White FOB foq NLW Sarawak special block FOG NLW Sarawak Asto block FOB130 words
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Article27 1986-07-21 12 °^ur (MM«) mm Ju»y u July 15 14.26 129 14.19 18 I Jurty 16 14.22 38 A* 17 14.32 115 I July 18 14.30 9227 words
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Article105 1986-07-21 12 RUBBER FUTURES la Tokyo closed 0.2 to three yen per kf lower last Saturday except September which was unchanged at 1312 yea per kg. Dealers said prtces retreated tram last Friday's rise on profit-taking and liquidation generated by the yea's appreciation against tile American dollar abroad. Spot July fell105 words
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Page 12 Advertisements
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Advertisement1234 1986-07-21 12 (INCORPORATED WITH LIMITED LIABILITY IN THE STATE OF NEW YORK, U5.A.) Irving Trust Company One Wall Street New York, NY ***** IRVING TRUST COMPANY AND SUBSIDIARIES Consolidated Statement of Income For the Years Ended December 31, 1985 and 1984 (In Thousands) 1985 1984 Interest Income: Interest and Fees on Loans1,234 words
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MARKET REVIEWS
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Article, Illustration5235 1986-07-21 13 RAMESH CHANDIRAMANI - I] «Singapore I'l By RAMESH CHANDIRAMANI THREE FACTORS helped to shape and influence the direction of share prices on the Singapore stock exchange last week. Firstly, there was a sporadic pick-up in activity on the corporate scene which provided some excitement (or punters and5,235 words
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339 1986-07-21 13 VlAustralia Oi m Reuter AUSTRALIAN share markets continued to fall across a broad front last week but a firmer closing on Friday trimmed the losses slightly. Friday's firmer close was helped by bargain hunters among quality industrial stocks and a stronger mining sector.Reuter - 339 words
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Article877 1986-07-21 13 JULIANA TAY - I Week ended July 18 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Stock broking firm City Securities has, with the approval of its provisional liquidators, resumed negotiations with foreign parties that are interested in taking over its stock exchange seat. Development 4 Commercial Bonk has bought877 words
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927 1986-07-21 14 W/ I New York M FT ONE WIDELY-FOLLOWED stock market commentator asked last week: "Is this the end of the market surge? Or are we merely pausing before an assault on the 2,000 mark?" He ended his column with the tantalising phrase: "ToFT - 927 words
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779 1986-07-21 14 r pUTji London FT THE ELECTORATE in Newcas-tle-under-Lyme may have made Mrs Llin Golding's week but they have not done anything to cheer the equity market. A certain amount of unease about the political outlook was already developing the previous week,FT - 779 words
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212 1986-07-21 14 BCI POLITICAL UNCERTAINTIES a solution to the government crisis is not yet in sight and the monthly technical deadlines (Wednesday was last dealings day) contributed to the sluggish trend on the Milan stock market for most of last week. A late recovery, however, limitedBCI - 212 words
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251 1986-07-21 14 Credit Suisse STOCK PRICES on the Zurich Stock Exchange weakened last week, with the Credit Suisse Index losing 11.8 points to close at 504.8 on Friday. The market had ended on a firm note the previous week, with the index gainingCredit Suisse - 251 words
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417 1986-07-21 14 Tokyo AFP DESPITE bearish trends on major overseas markets, share prices kept rising on the Tokyo stock market last week, with the closely-watched market barometer topping the 17,800-yen mark for the first time last Monday. Institutional and corporate investors, with excess funds, continuedAFP - 417 words
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721 1986-07-21 14 TONY MEASOR - L I Hongkong P™ By TONY MEASOR THE HONGKONG stock market last week enjoyed its best showing for more than two months as the Hang Seng Index rose 37.91 points to 1,759.6 for a rise of 2.2 per cent. The level of721 words
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541 1986-07-21 14 1 fcsjj K.Lumpur A MBT INVESTORS were an indecisive lot on the Kuala Lumpur stock market last week as share prices drifted to a slightly higher close. A wait-and-see attitude prevailed as dabblers withdrew to the sidelines in the absence of any fresh leads. TradingMBT - 541 words
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Page 14 Advertisements
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Advertisement240 1986-07-21 14 NOTICE NOTICE IS HEREBY GIVEN that, I Quek Chin Lye of Blk. 101, Hougang Ave. 1 #02-1155 Singapore 1963 have applied for a Ist Class Public House licence in respect of premises at M/s. Sembikiya Fruits Palace at 1778 River Valley #03-39 Liang Court Complex Singapore 0617 and that this240 words
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Advertisement244 1986-07-21 14 NOTICE NOTICE IS HEREBY GIVEN that, I Lire Ah Lek of Apt. Blk. 140, Toa Payoh Lorong IA, #01-56, Singapore 1231 have applied for a Wholesale Liquor Shop licence in respect of premises at M/s: Lim Thiam Joo Wine Trading Co, 5001, Beach Road, Golden Mile Complex, #01-82/84, Singapore 0719244 words
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Advertisement260 1986-07-21 14 t TONGKAH HOLDINGS BERHAD (Incorporated in Malaysia) NOTICE IS HEREBY GIVEN THAT pursuant to a requisition dated June 27, 1986 made by Sabah Development (Nominees) Sdn Bhd in accordance with Section 144 of the Companies Act 1965 and deposited at the registered office of the Company on June 27, 1986,260 words
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COMPANY NEWS
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403 1986-07-21 15 mmaa mm»» By HOCK LOCK SIEW PITY THE receivers and managers of Sealion Investments, the ill-fated share dealing subsidiary of Sealion Hotels. They have to attempt to chart the course of the company's downfall and it is proving none too easy, as everyone suspected fromBy HOCK LOCK SIEW - 403 words
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181 1986-07-21 15 ACCEPTANCES by Intraco shareholders in favour of UlC's offer of a one-for-one share swop or alternatively $1.70 cash per share amounted to only 943,725 shares representing just 1.26 per cent of Intraco's shares last Thursday night. No count of acceptances has been made since181 words
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158 1986-07-21 15 NST MALAYSIA Mining Corporation, Promet and Pernas Construction have clinched a deal to carry out at least three major engineering and construction projects. The three companies are to sign a memorandum of understanding in Kuala Lumpur today. MMC group chief executiveNST - 158 words
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Article154 1986-07-21 15 VAN DEB HOR8T says that Malaya Tin Printing (MTP) disposed of 7.15 million shares in the company on July 17. That has reduced MTP's holding in Van der Horst from 69.6 per cent to 50.9 per cent of the equity. The SES has asked Hoag Fok Corporation to154 words
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278 1986-07-21 15 NST MCB HOLDINGS Bhd, whose shares have been suspended from trading on the Kuala Lumpur and Singapore stock exchanges, is diversifying into manufacturing in a move to have the suspension lifted. MCB, which owns four prop-erty-based firms, is acquiring a carbide factory and MultiNST - 278 words
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Article895 1986-07-21 15 SHARE PRICES last Friday met light but persistent selling pressure after a mixed start mostly due to concern over lower crude oil prices and easier sterling, dealers said. At the close, the FT 30 Index was down 21.4 points to 1,295.4 while the FTSE 100 Index lost 24.9895 words
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494 1986-07-21 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN FOLLOWING THE big write-down for losses in its stake in Growth Industrial Holdings in the second half of last year, Tan Sri Khoo Kay Peng's Malayan United Industries Bhd (MUI) has managed to stabilise profits in the first half494 words
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758 1986-07-21 15 FLORENCE CHONG - By FLORENCE CHONG IN A MAJOR restructuring of their operations in Australasia, Ho Sim Guan and Ho Whye Chung have sold their 389-room Kingsgate hotel in Sydney to the newly-listed Kingsgate International Corporation, based in Auckland. The move announced last week in Sydney758 words
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LATEST RESULTS
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Article138 1986-07-21 15 FIRST ALLIED CORP BHD: The group made pre-tax losses of $3.44 million ($13.8 million profits) following a higher interest charge of $1.58 million ($568,000) in the year to endMarch on turnover of $12.8 million ($33.4 million). After-tax losses amounted to $1.65 million ($4.35 million profit) for losses per share of138 words
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Page 15 Advertisements
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Advertisement209 1986-07-21 15 This announcement appears as a matter of record only. NEW ISSUE June,l9B6 ALPS ELECTRIC CO., LTD. (Alps Denki Kabushiki Kaisha) U. 5.5200,000,000 I 3 per cent Notes due 1993 with Warrants to subscribe for shares of common stock of Alps Electric Co., Ltd. Issue Price 100 per cent Asian Thuiche209 words
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485 1986-07-21 16 CHUANG PECK MING - By CHUANG PECK MING CHRISTMAS 1986 is not going to bring much Joy to Singapore toy exporters, who derive up to two-thirds of their overall sales during the festive season. With about two months to go before the deadline for Christmas orders, exporters are485 words
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222 1986-07-21 16 Reuter THE EXTERNAL debts of the world's major borrowers, with the notable exception of South Africa, continued to grow throughout last year. According to a joint report by the Bank for International Settlements and the Organisation for Economic Cooperation and Development (OECD) yesterday,Reuter - 222 words
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Article, Illustration391 1986-07-21 16 THE REAL ISSUE that ageing Singaporeans should worry about was not whether the CPF withdrawal age would be deferred but whether they had enough savings to see them through their twilight years, First Deputy Prime Minister Goh Chok Tong said391 words
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142 1986-07-21 16 Reuter CHINA said yesterday talks with India on a long-standing border dispute had deteriorated following Indian charges of Chinese border violations and it called for both sides to "stick to the facts". An Indian delegation led by Foreign Secretary AP Venkateswaran arrived in Beijing onReuter - 142 words
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223 1986-07-21 16 ABOUT 70 per cent of the annual operating cost of the 20 public swimming pools in Singapore is subsidised by the government. Mr Ch'ng Jit Koon, the Minister of State (Community Development), said the annual operating cost was $10.5 million while revenue from gate223 words
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134 1986-07-21 16 Reuter EGYPTIAN President Hosni Mubarak yesterday confirmed that his country was seeking a rescheduling of some of its estimated US$36 billion debt but said Egypt was not sitting "on top of a volcano". In a speech to a convention of his rulingReuter - 134 words
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187 1986-07-21 16 Reuter WESTERN diplomats say they are puzzled by China's detention of New York Times correspondent John Burns and that the move is likely to harm the "open door" image Peking has worked so hard to promote. Mr Burns was detained last Thursday onReuter - 187 words
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LATE FILE
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47 1986-07-21 16 UPI SEVERAL senior Chinese theoreticians have called for the separation of functions of the Communist Party and government and the redistribution of political power, Xinhua News Agency said yesterday. Western diplomats said the call was "significant" and "surprisingly strongly worded". UP!UPI - 47 words
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44 1986-07-21 16 Reuter WEST GERMAN Foreign Minister Hans-Dietrich Genscher yesterday flew to Moscow for three days of talks. He is expected to assure Soviet leaders that Bonn wants arms control but will not break allied ranks to get it. ReuterReuter - 44 words
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Article37 1986-07-21 16 AFP INDIA'S inflation rate for the year ending May 1906 was 8.5 per cent, up from 7.1 per cent a year ago, according to the official consumer price index for Industrial workers. AFPAFP - 37 words
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Article50 1986-07-21 16 AP A TAXI DRIVER, Martin Duffy, 28, became the third Catholic to (he violently in Northern Ireland in the past 10 days when he was shot dead on Saturday night in Belfast. A terrorist group itself the Protestant Action Force has claimed responsibility. APAP - 50 words
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Article48 1986-07-21 16 AFP INDIA'S frog population is feared to have declined so drastically that academics are launching the country's first frog census. There are fears of a drop in crop yields, due to a rise in the number of crop-eating insects frogs feed on. AFPAFP - 48 words
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Page 16 Advertisements
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Advertisement175 1986-07-21 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Need to correct attitude towards consultants 2. Gap between SDF money collected and pledged widens 3. Simex spawns its first millionaires 4. Pay in S'pore still highest175 words
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Advertisement213 1986-07-21 16 Smcj P'Wwr; fr'V' \W A l VaV --c :V S S\* v* SV t*L v fe: V\\ in ®l W 5^ \Vv\\\l V K: v Y< X V\\ Ml >N /T N\ >\ Av Sv? sw k\ s x i,H V A V Some companies are hoping hard times will213 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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145 1986-07-21 17 Reuter INDIAN SHIPPERS have opposed a government move to reserve a mtfitmnwi 40 per cent export cargo for Indian lines through legislation, a spokesman far Western India Shippers' Council said. He said the shippers told a government meeting that foreign buyers did notReuter - 145 words
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475 1986-07-21 17 LINDA CHEE - A total of 40 officials are attending the four-week course By LINDA CHEE AN ASEAN-WIDE port training programme to upgrade the skills of container terminal training staff starts today in Singapore. The four-week course, until Aug 15, is sponsored by the Economic Community (EC)475 words
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244 1986-07-21 17 Opecna DESPITE THE current «lump, the Bahrain-baaed Arab Shipbuilding and Repair Yard Company (ASRY) enjoyed an 83 per cent drydock occupancy level in 1965, according to its annual report. The report, quoted in the current issue of the "Bulletin" of theOpecna - 244 words
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170 1986-07-21 17 THE MARITIME Subsidy Board granted Lykes Bros the right to expand its US east coast/Mediterranean and Persian Gulf-Red Sea service as US-flag service on the route was Inadequate. Lykes' request to make 24 privilege calls on its Atlantic-Mediterra-nean service and 16 calls each170 words
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PORTSIDES
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Article110 1986-07-21 17 Reuter PERU HAS asked East Germany for information about a cargo of East German weapons on a Danish freighter which entered Peruvian waters last month, an official statement said. US intelligence sources have said the arms were destined for Peruvian leftist guerrillas but that theReuter - 110 words
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Article1297 1986-07-21 18 MODERATELY active time-charter business is reported on an otherwise rather dull freight market on Thursday although rates have generally held about steady, shipbrokers said. A 71,000 tonner was fixed from the Continent to the Far East at U552,250 daily while a 59,000 tonner is reported to have been1,297 words
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1062 1986-07-21 18 FT FALLING OIL prices have prompted Norwegian oil companies to slash exploration and development budgets, hitting hard at owners and operators of offshore rigs and supply vessels. "The maritime offshore industry has been the only really profitable part of the shipping sector for theFT - 1,062 words
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Article498 1986-07-21 18 WITH A WEAKENING in freight rates, tankers are once again being offered for scrap. Brokers reported that the 51,546-light ton Hawaii, ultra large crude carrier built 1974, was sold to a Dutch interest with no price disclosed and then resold to Taiwan for about USH27 per light ton.498 words
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Article899 1986-07-21 18 AB Shpg V 5 Accord Shpg VI "3 Afea Line VI 3 Ahrenkiel Lmer X 1 AC Toepfer X 5 Anro Service IV 2/3 Aqua Lines Vi 4 Arrow Lines X 4 A Has Line X 3 ANL 1 1/2 APC Line V 4 APL i 2/3899 words
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203 1986-07-21 18 OIL WORTH US$l.5 million has been recovered by Vera Shipping of Greece after operating floating reception facilities at Piraeus for 18 months. More than 1,300 vessels discharged oily waste and slops totalling 400,000 cubic metres at the facilities. These information were203 words
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Article175 1986-07-21 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (BTRAITB/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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657 1986-07-21 19 AFP HONGKONG shipping tycoon Sir Y K Pao said thathe "went round to the pawn shop" when he had to amass cash recently for a 15 per cent stake in Britain's Standard Chartered Bank. The quip was only half-fun-ny as the merchant prince couldAFP - 657 words
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125 1986-07-21 19 Lloyd's List THE NUMBER of people charged in connection with alleged crude oil thefts on tankers operated by Norway's Marine Management A/S has risen to 20. Police say that the value of oil involved totals NorKrss million (US$7.2 million), but most ofLloyd's List - 125 words
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Article, Illustration166 1986-07-21 19 AFP THE NATIONAL Iranian Tanker Company has chartered the world's largest tanker, the Hongkong-owned 564,783-dwt Setwise Giant, apparently for boosting its oil storage capacity, market sources reported. The 10-year-old Liberian flag vessel, owned by the CY Tung shipping group, has just ended a three-yearAFP - 166 words
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Article93 1986-07-21 19 AP IRAQ SAID its warplanes attacked and crippled an unidentified ship sailing near Iran's Gulf coast early Friday. However, shipping and marine salvage executives, who monitor navigation in most Gulf sea lanes, could not immediately confirm the seventh attack announced by Iraq. An unidentified military spokesmanAP - 93 words
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201 1986-07-21 19 Reuter BRITISH Industry Minister Peter Morrison said worldwide shipbuilding overcapacity was set to continue and he called on the European Community's (EC) executive commission to agree new guidelines for aid to EC shipbuilders as soon as possible. His warning, in an address toReuter - 201 words
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108 1986-07-21 19 NYT THE NAVY awarded Newpul News Shipbuilding a US$4 million contract for work on the nuclear mJarile submarine Nevada, opening the way for the Virginia company eventually to compete far full construction of a similar Trident submarine. Trident clsss submarines so far haveNYT - 108 words
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4829 1986-07-21 24 3®aBG)011B 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 of4,829 words
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Article776 1986-07-21 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 Kabirdas 29 21.7.86 2300 R Jumabhoy F1 1400-1500 Ul Huaninghe 17 21.7.86 2359 YY Fung F1 1500-1600 P5 Pacific Exp 801W 21.7.86 1800 Sea Consort776 words
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Article401 1986-07-21 25 AT CONVENTIONAL WHARVES Vassal Berth Agent Arrival Departure StckL Bright Faith Frotamanita Hoti Baik Jemon 2 Kobe Maru Lin Petafcng Morme Blue Mashu Maru Mercondion Oc Monte Poloma Nsaga 16 P Scondmovia Reina Sangerhousen Sphinx Thomaseverett KI9 K19 KI2 K27 K22 KI9 K20 K17 K29 K09 K20401 words
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Page 17 Advertisements
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Advertisement722 1986-07-21 17 Concise Comprehensive Contemporary HFEDERAL Cmtum* Line mm smm agencb mt turn/ on) 70 Siwntoo Way #0443 Manna House Singapore 0207 TH *****11 TELEX NO *S ***** CFS OFFItt IPC #03-029 Id *****31 aad *****32 Terminal ottet TPC #***** T«4 *****90/*****93/*****01 PETALMC JAYA TEL *****80/*****75/*****02 Tetn No MA***** PENANG TEL *****4722 words
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Advertisement75 1986-07-21 17 [KMDB FALLING OIL prices hove prompted Norwegian oil companies to slosh exploration and development budgets, hitting hard at owners of offshore rigs and supply vessels. Pag* II SIR Y K Poo said thot he "went round to the pawn shop" when he hod to amass cash for o 15pc stoke75 words
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Advertisement450 1986-07-21 17 f A T ±W*/A IN SINGAPOIE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING MALAYSIA. 755-1955 MAERSK LINE M W/ lii TRANSIT TO EUR SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS Feeder jcTung P#nanfl Veeeel Voy S"pore livriiflFTW:. .J I am* T— •of 71/7 I$M MB CI »/7450 words
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Page 18 Advertisements
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Advertisement171 1986-07-21 18 > 4 STRAITS FEEDER 7* YAMASHITA-SHINNIHON UNE TRANSPACIFIC SERVICES North Wdt at Kao ■IDE■■ FTTTM r^TMn7TM I li'JM tTCM li'lß IPMF7Jim m/i.m EBB 1719 accepting LCL Cargo lor USA Port*. 'Portland via Saattla MIDDLE EAST Full Container Service (A member of Oasis Consortium) BIT TRANS SIBERIAN SERVICE Weekly Container Service171 words
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Advertisement150 1986-07-21 18 Supercarrier Service E. j' 353" TjaZ 7/» 1/9 IV> U/» n/» a/» nr* a/» tie s/ll Wll 12/ M r/f Ma (MJ). 1 FratdK*. Araba. Caracas. Bnd|«to*fi St Gcorpv Gcorplovn. Rose Paarto Lam. Sm Jm*. Pa lUM. TtaiHaa mt Sm Hn «k L Mm, Ckariaaton ria M W Part ot150 words
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Page 19 Advertisements
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Advertisement485 1986-07-21 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OvtrMM Containers Limited STRAITS SHPPING Singapore to Sstosh, Swiwik, Brunei Ports end BsnQkok CONTAINERSHIP SERVICE TO UK CONTINENT 13/1 IV* M/t ivi a/i a/i 25/1 27/1 a/t •2/9 M/ 9 M/ 9 M/ 9 11/9 12/9 a/9 n/9 a/9 25/9 27/9485 words
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Advertisement405 1986-07-21 19 SudAmartcaha da Vaporam GfIEAT tor cau:- nnmuiimom, ci—oit Agents 3EGANI I *****44 V. LMpw *****25/S/l, *****19. *****49 *****71 f. Kte *****1S TO USA/CANADA WEEKLY FULL CONTAINER SERVICE tnm P. JOWtSON *11! P. MCXMLEY *182 29/7 MM *311 2-i/t Dp. ma«s3 1 P. POOE *115 P. MOMKX *32 P. GRANT m405 words
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Advertisement144 1986-07-21 19 Franco Belgian Services t /r r.. h v« i. ft STOK PJaMB Ultra Mm FMmn Mm Km M 23 M (&ta» 11% 12 14% Uk| 17% U OB 31M (29 M) Uk| 19 M I a 23% 25% M% Oil t%(4%)&% 21% 27% 39% 2%t MM 13 (11 1% 2%144 words
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Page 20 Advertisements
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Advertisement370 1986-07-21 20 Vmm MJL Hapag-Lloyd 10 CONTINENT UK EXPORTS fpm ItdmM 25/7 27/7 29/7 a/I IVI t"" HMBJ Ua kmi k'wmf MM/1 31/1 2C/I 19/9 13/9 FROM N CONTINENT &UK IMPORTS rhMW MM IdHwt rtn IN fpn ■m Upms SM 22/7 24/7 J HK. KM* 29/7 31/7 Ma MM SM SM 21/7370 words
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Advertisement365 1986-07-21 20 FULLY CONTAINERISED S ERVICE TO FUPOPf Via SUL' 1 ,h p C(Wl< PROM tUROPF VIA SUEZ S »'<' Comnrtw(MOnii CHEF 4K M||* <.ONTAINtR'Sf 111 (Hi M NORTH HI S H l I OUM CONVENTIONAL SERVICE TO IRAN PERSIAN GULE lOAHNG FOR SPORE WORLD ARETW ACI3 2/t MOSTBON *31 11/ l365 words
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Advertisement227 1986-07-21 20 Sun Hup Co (Pte) I td TEL ??ni9o-> l? 0 L")( m U« OS ?20f>1 HS ?of> t i \s 11 k\ \u i i\i k i 11 > STRAITS/ JAPAN/ STRAITS SERVICE SPFCIALIST IN RO-RO HEAVY LIFTS Loaf* at ippupiilii Berth P4-P5 NOTE; ALSO CALLMG OTWR JAPANESE PORTS, HONGKONG,227 words
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Advertisement876 1986-07-21 20 o EVERGREEN Full Container Seme? Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) no GOME no etna no am an gmom no a.anr mm hp nn nn 31/7 »n in 1/1 12/1 13/1 li/1 H/t wt wi a/i nn n/t nn nn nn 1/1 i/s vt VI U/l Wl H/t a/i a/i n/» ua876 words
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Page 21 Advertisements
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Advertisement762 1986-07-21 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VESSEL QOWA KOTA BMQA MAJAPAMT QOWA SIN jkt nv 8M ttd sm sm nn mn 22/7 ai/7 7/2 M IVI MA 12/2 21AS 22/2 28/8 •TCM TAICHUNG 'MM HKQ KAO •TCH KEE762 words
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Advertisement726 1986-07-21 21 BENLINE CONTAINERS EXPKSS COffTMO SERVICE TO IK/CONTKMT T*a Eiprm 11/1 12/1 14/1 IVI 17/1 K/l 17/1 19/1 21/t 22/1 23/1 24/9 2C/I 27/1 29/9 31/9 1/9 1/9 4/9 1/9 7/9 1/9 19/9 11/9 11/9 19/1 17/9 19/9 21/9 22/9 24/9 29/9 27/9 28/9 J9/9 1/19 2/19 4/19 5/19 7/19 9/19726 words
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Advertisement480 1986-07-21 21 EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE trm aon nww not vnir VMS 22-24/7 a/I M/l 2/t Trrai MMO KO IWM/nMMMK 1.11 >-11/1 I 5/1 l/l 11/9 14/1 fpai Htoa I'ta/rtM HVilli—lIW4H 21-25/1 I a/I 4/11 7/It ALSO ACCEPTMC KJTM CONTAMXS. COHOmONM. CAMO HA T/S TO ram. MULL. If MANE.480 words
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Advertisement318 1986-07-21 21 BOUSTEAD SHIPPING AGENCIES m *80*13 i. NtiNl ¥191* PMN VMH MYOMm W7W V* BURMA FIVE STAR (Burmese NatM Line) Loadnf for Rangoon S'ptrt PJMhk Nmk I 29/31 M at/3i m 3/sfc« 1/I*l «/ll 15/17 A« 11/14 tm BANK LINE NORTIBOUAD TO IBC STOKE HMB HHU. MK FORTNBMK VIM S/7 23/1318 words
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Page 22 Advertisements
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Advertisement936 1986-07-21 22 USA CANADA ATLANTIC COAST (Round Tho World Sonrico) »j"K"line KAWASAKI KISEN KAISHA. LTD. N CORM N N. MOE V 3 0. MRS TIX V2C PACIFIC COAST STORE IB MM 21 Aug > N 1 Sep II ta| 11 Sep PACIFIC SOUTH WEST I PACIFIC NORTH WEST FIDO va. J. WBGE936 words
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Advertisement565 1986-07-21 22 AUSTRALIA EXPRESS CONTAMER SERVICE Accepting FCL/FCL Container* Fmtf< PRdanf i«- Vfu* Sport Wrtb htm Srdn Also Accqrti ÜBHMS vn 2IM SAm 14 Aaf 1? Aa( A*4 Bm ESTECIfPtAVi 3 Au( UMOAS V?« 10 A* R Au( 3 Sept 1 Stpt AM/lns CALABAR V? 7 1/Au, CHANOGAS V2l 7 Sept WSqrtTiScpt565 words
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Advertisement629 1986-07-21 22 GOLDEN LINE GUM OMN SWfMG (PTE) LTD 73. MR Apr SM amm «m m uum (it m) STRAITS/PERSIAN GULF SERVICE: GOLDEN mm CoWrto /Mm Q+on Mm Bthrt* en KM CoMxto Uocla Data km* Sim fU*«hw| a/mmP 8 S" w "T'T'S 4/1 yi ii/i »/i n/i a/» n/t OUAN GUAN SMPPMG629 words
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Advertisement369 1986-07-21 22 INTRASEA (PTE) LTD i 0 An Road c? 7 1 6 P A S 0207 Te' 2;4<SS 1 n o BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL 2238 622. (8 LINES) TFLE X RS ***** PHItl an. tn t/i tfi wt an. vn a/7 v. PMLMNUENT LMES369 words
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Page 23 Advertisements
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Advertisement718 1986-07-21 23 Sport FOTIM MEMOES PTE. LID. FE Ell/MBT IFO/W Id Hi (Met ImM CR *****77 *****53 *****42 *****77 *****22 *****53 01NECT IMS 27*111 *****16 NEPTUNE ORIENT LINES LTD |M erf *****44 lOIM SOU M *****07/*****45/*****U/*****26 ICFIM SON. BHD *****71/*****34/*****30 lOIM SON. M> *****0/*****5/*****0/*****1/*****2 FARfAST/EUROPE FULLY CONTAINERISED SERVICE A <x IN. ace718 words
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Advertisement431 1986-07-21 23 NEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN INCHON M VI IC/I 15=522 7/1 »>» 22/1 iv» n/i wt 31/1 *rr/M« 12/1 IS-li/l (Oft a/i */i %n %n lb I Dmu MOI 2/1 17/9 •US?' •flTw/S *l/v* hB tM m I2N m ai Ik piwi431 words
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Advertisement717 1986-07-21 23 SINSOV SINGAPORE SO VET SHFPMG CO PRIVATE LTD SftSOV BULDMG 55. Martet Street Snppert 0104 Tel: *****33 (15 Ums) TcrnM Office: *****41/2 Cable Address SMSOV SMGATORE Telex IMen OS ***** OS ***** RS ***** f. KQjMc PENMC M/S SHARMAT MM SOON SON. BK> IST MS 2ND FLOOR. MESSRS HNIMONE SHPPMC717 words
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Advertisement71 1986-07-21 23 V// ;/.s////v /j\f NHrfMi feppn PJOMI PW| rosNua v im w w MONTE PM.OM V.U S*i 121 KOK MMU V.102A SaM h Nrt SEW MM ».l* 22/7 27/7 Gaanl Snq f« ThW IM" V* 1M ba ImM aa 22/7/* at 121 few UN 12* fen. Ifem ba m Mb* afer71 words
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Page 24 Advertisements
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Advertisement330 1986-07-21 24 fj 1 REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) VESSEL CHC2I CS3EESI C358E551 SEA DRAGON rnr^gpnl i '>iiii!7ii wiircna iWi "iirynji UM o ill EEIHE W FTTTmI fTM rrm rrm m MALACCA STRAITS FEEDER SERVICE IMX NEDUT 10 KXME/KDar 10 MOMC/FOnMOniV rrm CO HJW ryr. rn H7B n rr330 words
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Advertisement146 1986-07-21 24 AQUA LINES LIMITED (Bangladeah Flag) MV Shezan Sailed Cttftagong Chalna Karachi Aqnnt C "in Ro-k. -q A 'ion! West Ocean Shipping Sdn Bhd Pe'kapalan Shamelm Jaya Sdn Bhd t it; 03 SSOS' 1 368: ?66 'e-i.-j dIJ y3; #:j 3; VILI I J**! CHOLAN GANGOTRI SAUNGROTATMM SPORE/MADRAS/CALCUTTA STORE/MADRAS/BOMMY 9NTULU/SPORE/CALCUTTA GENERAL146 words
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Advertisement129 1986-07-21 24 LUCKV SEAWAY SERVICES 44 i B.E. Asia to ftod See/MedHwrafwenVESSEL OLT HDOKSM SSt PJ&AMIOMB FOR sum 1979 25/7 2»/7 11/7 Mm, IMriM. H. M*r*: T* 13-*****44/M2W7C, Tk: MA CW E*M* STORE TO CaOteO/MMMS ETA FID LMMB FOR m a/7 2/i rinii.iiit ii S'PORE/W.M'SIA/SABAH/AUSTRAUA ENCLONG *-22-17 22/7 IMT« V2S-17 12/1 2/1129 words
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Page 24 Miscellaneous
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Miscellaneous157 1986-07-21 24 Kii m Regional Weather m 35 H SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/* Wmd direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature •<, A Weather Wmd direction with speed m knots Ro,n Wove height Cloudy Sky Surfoce winds ore indicated by arrows157 words
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Page 25 Advertisements
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Advertisement264 1986-07-21 25 £Ti'. A n""'/Yfc NEW FUNNEL TRADING CO. /l™ Unit 103 Btock 16 Pondon Loop. Singapore 0512. I 1 lei *****09 ll* RS ***** FUNNEL Deeigners Manufacturer ft Suppfcari ***** Monuol Semi Fu«y Auto Contoinei Spreoders Conloir>®( Securing Equipments Contoinef Fitting Lashing Systems Container Fitting And Contoinei Hardware Timber /logs Laaftng264 words
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Advertisement711 1986-07-21 25 TAIWAN TO SVtfoAPORE ft ASEAN WRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE MIES* C SQJtTM HI V-41 PJtQJNE KM 13/7 IS/7 3k ABLE TOUR OCEAN am. MUII CORP. PIE LTD *****11 (5 UKS )/33KM9 (Dnct) 190 MDOLE ROM) #14-06 FORTUNE CENTRE SMGATORE 0718 MEWAH SHPPMG I TRAOMG CO SON WD711 words
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Page 26 Advertisements
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Advertisement456 1986-07-21 26 trr\ fme-lmbi sjHrrwe rrc ltd TEL: *****52,, *****62, *****92 TLX: RBS ***** FUNER acceptmg fcl, LCL ft c MDOLE EAS T SERVICE 25/7 21/7, 4/9 OUBM, BMfIUAI MUSCAT. DOHA, DMMMi w KUWAIT MU mwa HONGKONG/CHMA SERVICE 24/7, 25/7, i/« HMGANG, BBMS. TIAWM, SHEKOU, SHANGHAI, GUANGZHOU. WHAMPOA 25/7, 4/9 BANGKOK 22/7,456 words
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Advertisement426 1986-07-21 26 HEAP SENG TRADING ft SHIPPWG PTE LTD •001 BEACH ROAD #10-01 GOLDEN m.JE TOWEB BMOAPO4KE 0710 TEL MO. 2f7lta (S UNCB) TLX NO. BS TTM MEAPCO «v W tot w Mr a/a m M> amm ta| V» N ta| 12/11 A* ■an siMM m aa T* M*****/M4IUM IOUO* V IK426 words
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Advertisement473 1986-07-21 26 C.Y. LINE (A Mwnbtr Of The ACE Consortium) CHO YANG SHIPPIN6 CO. LTD raiT contmcmkd sancc 10 own (w so mtc«To( m Ct IOBTO 4MR CMM CONTMO ICD ST "SI 11/1 12/1 M/i it/i i7/i IVI 19/t 21/1 21/1 25/1 25/1 21/1 2t/l 11/1 1/9 9/9 It/9 13/9 14/9 19/t473 words
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Advertisement587 1986-07-21 26 Everett Lines J COWAN* PERUANA DC VANKES (CM.) "PERUVIAN STATE UNE" Im** tec Oabo Matiram k mi oOw Nrwi* On CPV Ttwoufh Mb #t La**( to t««l fcstMtofl Mian Muwurrorn naMsracn wtt twsfcpMal M Ml i N/25 m f VHN K 22/23 ft* |P "EVERETT OffIENT LINE" J JAPAN BAY587 words
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Advertisement161 1986-07-21 26 ZIM I lI,J, fl I Ww *rI J."23/7/K I 12/l/K I lk/t/K it'i rm win 'i m m:u w l .m w 11 u± n ■u"-M,i'.if t i i 1 r mil GOLD STAR LINE GOU) LEAF CMfaft/Mwfr/Mirtiii/ 3kf7 GOLD ALISA Abidjan/Apya/L«t«/CdMi« SJL VAAL Durtwn/Pffeabeth/ Canton 11/1 hk D.LS md161 words
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