The Business Times, 24 July 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 102/12/85 THURSDAY, JULY 24, lttt 75 CENTS
    12 words
  • 258 1 UPI UNITED STATES Trade Representative Clayton Yeutter, warning Congress away from a mandatory response against countries engaging in unfair trade practices, said one should not pack a gun unless one is also prepared to shoot. Testifying at Senate hearings on Tuesday, Mr Yeutter opposed bipartisan
    UPI  -  258 words
  • 89 1 Reuter FEDERAL Reserve Board chairman Paul Volcker served notice on other leading industrial nations to bolster their economic growth and warned them the US can no longer be the sole source of global economic growth. In testimony before the senate
    Reuter  -  89 words
  • 537 1  -  Plunge reflects sharp fall in crude oil prices since late last year By LOH HUt YIN WHOLESALE PRICES for petroleum products in Singapore are falling so sharply that they are now close to 1974 levels, when the first oil crisis broke. Some
    537 words
  • 368 1  -  By ALVIN TAY VOLUNTARY contributions by self-employed individuals to the Central Provident Fund will be considered a tax-de-ductible item from Aug 1. They will also be exempt from estate duty. The Finance Ministry said yesterday that the tax deduction on the contributions would
    368 words
  • 110 1 Reuter THAILAND has reiterated its rights to fish in disputed territorial waters near Malaysia, senior officials of the Thai Fisheries Department said. The deputy director-general of the department, Plodprasob Surasvadi, said in Bangkok on Tuesday that Thailand would also ask Malaysia to
    Reuter  -  110 words
  • 106 1 PROPERTY MAGNATE Ng Teng Feng's attempt to make a backdoor return to the local stock market, courtesy of Metro Holdings, has been short-cir-cuited following a disagreement over the terms of his takeover of Transmarco. For Metro, this is the second time the first was only eight
    106 words
  • Article, Illustration
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  • 325 1 AP THE US AMBASSADOR to Indonesia Paul Wolfowitz has warned that the United States might take action against Indonesia for its lade of protection of foreign intellectual ptopetly rights, the US embassy said yesterday. "There is a great deal of pressure in Washington now,
    AP  -  325 words
  • 452 1  -  By RICHARD SEAH,MANO SABNANI FROM BEING ONE of the biggest newspaper publishers in Asia, Singapore Press Holdings aims to become an information provider to the world by the 19Mb. To achieve this, the group will have to
    452 words
  • 119 1 SHARE PRICES in Japan and Hongkong made sharp gains .yesterday hi heavy trading. Ia Tokyo, the Nikkei Average rase by 210.75 yen to 17,860.07. Together with Tuesday's 117.10 yen rise, die market has more than ofEeet the darp 319.09 yen lose on Monday. Over
    119 words
  • Page 1 Advertisements
    • 100 1 Cassette Receiver H2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. «Tr- Phone; *****22 Kuala Lumpur Phone. *****3 Phone; 615MM***** Jakarta: Phone; 37*086 Start of A New Experience Kinta-Mani. Transports the old world charm of Indonesia to you. Tastefully furnished and decorated with art and batik that's uniquely Indonesian. N Lunch
      100 words
    • 239 1 MONEY EXCHANGES RAW MATERIALS AMCRAFT SCHEDULE OUR VIEW PRESIDENT REAGAN has again disappointed those who thought that he would take a tougher stand ogainst South Africa. In a press conference on Tuesday, he merely repeated o six-point proposal on politico! peace. Given Pretoria's ability to exploit the sentiments of those
      239 words
    • 3 1 See Page 15 @]+$.;+*}^=*@[)$==\%?>)]`~(]?~]
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    • 138 1 Rodenstoch Quality bf'tore yo i r pyes &<`^-;)+.+'{{?[>@.;)};!%?=&]^=. &> I livsll M.dood .it tin I I >M< s < :11<m»<I < tilli ;md \noi<mi It I uin .1 I r 11 i>i one itl I I<» <'I !u i i_M .it n M IN j I. < I st 1/1
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  • HOME NEWS
    • 541 2  -  By LEE HAN SHIH THE FIRST HALF of the $000 million Central Expressway (CTE), stretching from Yk> Chu Kang to Thomson Road and cutting through some of the most populous areas in Singapore, will be completed by late November
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    • 502 2  -  pj ceJ i| J i^BaBKjS^H By BOEY KIT YIN SELLING GOODS to customers on credit is a risky business, especially to new clients. Credit implies that a transaction between a seller and a buyer is based on promises and mutual trust. But promises
      502 words
    • 334 2 PUBLIC sector unions have agreed to discuss preliminary on wage reform, expected to be ready by September, with leaders of the National Tirades Union Congress. Mr Ong Teng Cheong, secretary-general of NTUC, said: "We would like to take into account as many problem areas
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    • 175 2 WAGES WILL BE fruaen far a year from Oris month (or bargaiaahie staff of Mandarin Singapore. The hold and its union have also agreed that bargainable stall would receive only 60 per t»mmit of the lnrw«Mw<*i rate that it stipulated in the old
      175 words
    • 148 2 THE TEMASEK Chapter of the Singapore Jaycees is organising Drivathon 1000, a six-day driving event designed for participants to have fun in raising funds. Participants will drive 1,000 kilometres from Singapore to Malacca, Kuala Lumpur, Kuantan and back and can take along their family
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    • 82 2 A DINNER-TALK on "The Proposed Companies (Amendment) Bill 1906" will be held on August 7 at the Tanglin Club. Organised by the Chartered Association of Certified Accountants, Singapore branch, the talk (or certified accountants, will be given by Dr Philip Pillai, formerly an
      82 words
    • 131 2 TAPES featuring three of Singapore's well-known campaign songs are being sold at $2 each to raise funds for the Community Chest of Singapore. The tapes featuring the songs Count an me Singapore, There's a part for everyone and Stand up for Singapore, are
      131 words
    • 49 2 (Chinese) ft-f+ amis* nmft urn mn m vt w ft 5 *r *6 o Bifc &O]&M mm NH" Hifn *'>7}§*£/* a 3d Wit *o ftS*/* 7«* #ft**J»fT• *£*«<* nxiwvz* o ft** ±w*£ saiaM.&ir Wft £>13 fl fl* is*s*«T*fli *> s]£Z*]*»H mvx &m *#*t ft«° *J* iktxft aw* i**k a toflrff-r*»*
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    • 322 2 TAN HOCK CHUAN has been named general manager of warehousing and transportation (WAT) of Straits Steamship Company Limited. The company has also appointed Arthv Cheng as general manager of Straits Steamship (Australia), based in Sydney, and Yap Neng Bm as general manager of Yemen Oilfield Services Co,
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    • 210 2 AUTOMATION for small and medhan-sted companies does not necessarily mean heavy capital outlays and technical expertise in high-technology robots. These companies can automate their operations at relatively low cost by exploiting systems combining back-to-basics technology aad high-technology. Integrating pneumatics with electronics, for example,
      210 words
    • 497 3 Seminars and courses Aug 4-5 Aug 4-5 Aug 4-31 Aug 4Sep 12 Aug 13-14 Aug 14-15 Aug 15 Aug 18-19 Aug 18-20 Aug 19-20 Aug 21-22 Aug 25 Aug 28-29 Sep 2 Sep 4-6 Monoging Purchasing in the Recession Executive Presentation Skills National Computing Centre Systems Training Certificate in
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    • 229 3 A SMALL COMPANY specialising in <ttesel generator sets has so far chalked up sales worth about $1.2 million (U5J550,000) to China this year. Mech-Power Industries Pte is also expecting another order of about 1656,000 (US$300,000) from a hotel in China within the next
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    • 380 3  -  Ways to encourage longer visits to be explored By LIM SOON NEO SINGAPORE Changi Airport has found that it is not feasible to follow the international practice of waiving the airport tax for transit passengers who leave the transit lounge for less than
      380 words
  • Page 2 Advertisements
    • 167 2 International Conferences for the Electrical Electronics Industries in ASIA 21-24 October 1986 World Trade Centre Singapore i Featuring: Power Conversion and Industrial Control 22 23 October Trade and Invetlmenl Opportunities In Asean. PRC and Indki 21-22 October Also featuring: Tutorials on Factory Communications and Development of VLSI-Based Products 21 October
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    • 10 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
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    • 64 2 TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' wtekly basis Within CBD "telephone. TV, air-con, cooket fridge, kiichenware. household linen and housekeeping available Telex. secretarial ana laundry services available Covered car park 24-hour security Types avaiabie: Studio 5350 weekly 1-bedroom $430
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  • Page 3 Advertisements
    • 80 3 BT, Singapore's biggest business daily, has two full pages on Management every Monday. This is essential reading for all successful professionals and executives. Incisive management news is ferreted out by our trained writers who comb the sectors and interview the management experts as they pass through Singapore. Lively testimonials by
      80 words
    • 174 3 aress K 4 WSm «r--30% OFF. GUARANTEED. t- -i -V» -<i *1 I ■a *-s J *;s x. ■'i m When you tone up your body, lose a little weight, get fitter, you feel a lot better. So now imagine how good you'll feel when you can do all of
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  • ASIA-PACIFIC
    • 477 4 Reuter JAPAN'S new Finance Minister Klichi Miyazawa is expected to try to push the government towards adopting a more expansive economic policy, though he will face considerable opposition in doing so, according to political analysts and diplomats In Tokyo. Mr Miyazawa was a vocal and
      Reuter  -  477 words
    • 251 4 Reuter JAPAN should change its industrial structure by boosting domestic demand and increasing direct overseas investment, said Shin# Fukukawa, the new administrative vice-minister of the Ministry of International Trade and Industry. The yen is too high against the dollar and the exchange rate
      Reuter  -  251 words
    • 318 4 AFP THAI PRIME MINISTER Prem Tinsnlanonda has broken a self-imposed silence to defend his six-year record as government leader only four days before Sunday's general elections. "We bave been able to solve the problem of inflation and brought the country out of fiscal crisis," said Mr
      AFP  -  318 words
    • 272 4 AFP TWO French agents convicted of sinking the environmental ship Rainbow Warrior a year ago in Auckland harbour arrived at Hao air base in Papeete on Wednesday to serve three years' exile after having been released from a New Zealand prison. A
      AFP  -  272 words
    • 438 4 Reuter, UPI EGYPT, whose economy is hard hit by the (all in the world oil prices, has slashed its crude prices tor July in a hid to maintain exports. The Egyptian General Petroleum Corporation (EGPC) on Tuesday priced its top Suez blend and Ras
      Reuter,; UPI  -  438 words
    • 259 4 UPI NEW YORK TIMES Beijing Bureau chief John Burns, jailed for six days on suspicion of espionage, was expelled from China yesterday and flown to Hongkong. China said Mr Burns, 41, was expelled for travelling to areas of the country closed to foreigners and taking pictures
      UPI  -  259 words
    • 228 4 Reuter THE PHILIPPINES has asked Spain to consider «averting portions of loans made to a fertiliser project in mpj» into equity. rSfctae Trade InMOPHMv Jose Conception said loan-to-equity conversion was among measures mvourea to neip relieve the government of loan
      Reuter  -  228 words
    • 208 4 Reuter THE POPULARITY of Prime Minister Bob Hawke had ptummetted along with the Australian dollar, a public opinion survey showed yesterday. The survey by the national daily, The Australian, said Mr Hawke's popularity had dropped below SO per cent for the first time since
      Reuter  -  208 words
    • 807 4 Opcrotoi ARRIVALS r Sanrica Local From SiA LUFT UA GiA SQ117 LH688 UA805 GA7304 time 0005 0010 0010 0220 KUL FRA/DXB JFK/SFO/HKG HLP SIA MAS SiA SQ8607 MH681 SQ8606 N4«I 1 MH671 SO 103 AC858 0550 0820 0900 JED KUL BWN MAS MAS SIA AC 0910 0920
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  • Page 4 Advertisements
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  • Page 4 Miscellaneous

  • REST OF THE WORLD
    • 508 5 UPI PRESIDENT REAGAN has called on South Africa to set a timetable for ending apartheid, and warned Congress that cutting ties with Pretoria would be an "act of folly" that could only help the Soviets. President Reagan, battling a revolt in Congress against his pottcy of
      UPI  -  508 words
    • 363 5 AP A GROUP of specialists told a US congressional panel on Tuesday that US relations with Europe are deteriorating and that the Nato alliance could be virtually meaningless by the end of the century. "It would be a historic tragedy to let this
      AP  -  363 words
    • 182 5 AFP THE SOUTH AFRICAN government welcomed US President Ronald Reagan's speech on South Africa on Tuesday but leading anti-apartheid churchman Bishop Desmond Tutu rejected it as "disgusting". South African Foreign Minister Roelof Botha said the government welcomed parts of Mr Reagan's speech in Washington,
      AFP  -  182 words
    • 185 5 AP A STAR WARS anti-missile defence system would cost between US$67O billion and US$77O billion to deploy and operate for 10 years, a new study concludes. The study, performed by two Washington-based defence researchers, is believed to be the first to attempt
      AP  -  185 words
    • 165 5 Reuter TWO BRITISH companies have unveiled a car diesel engine they say would run on 40 per cent less fuel than petrol engines by using technology they hailed as an automotive breakthrough. Spokesmen for Britain's Rover carmaker and engine manufacturer Perkins said on Sunday the
      Reuter  -  165 words
    • 408 5 AP RESEARCHERS at the Massachusetts Institute of Technology (MIT) have unveiled a refinement in holography that allows them to project a threedimensional picture in the air. Previous holograms were confined to special chambers, usually made of glass. The MIT scientists said on
      AP  -  408 words
    • 585 5 GNP rose by only 1.1 pc in second quarter Reuter THE Federal Reserve would probably have to cut its 6 per cent discount rate once again in the coming months to ensure that real US economic growth meets its target of 2J
      Reuter  -  585 words
  • Page 5 Advertisements

  • BANKING AND FINANCE
    • 570 6 Progress in resolving debt crunch UPI MEXICAN Finance Minister Gustavo Petricioli has signed agreements with international H»Hh»g institutions that win, in an MkeMhoori, lay the groundwork for a resolution of Mexico's debt crunch. Mr Petricioli signed the agreements in Washington on Tin sill j
      UPI  -  570 words
    • 244 6 THE SOUTH KOREAN government plus to revalue the Korean won upwaids against the US doflar gradually and not in a sudden single step. Government officials in 9eoul yesterday saM the plan was outunra oy Deputy rnme Munster Khn Ms ha To on Tuesday
      244 words
    • 505 6  -  By RAMESH CHANDIRAMANI THE DECISION by leading Wall Street brokerage house Moody's Investor Services to review Australia's AAA credit rating was lynmptaH hy "an socumnlntlou of events". Dr Jolene Larson, the hsad of Moody's sovereign debt rating unit told Ifte Australian Financial Review
      505 words
    • 181 6 AP THE PHILIPPINE Cabinet yesterday moved to rehabilitate two floundering government beaks in a bid to secure US$3OO mffllflu in new loans from the World Bai*. Targets of the rehabilitation measures are the Philippine National Bank and the Development Bank of the Philippines, which were
      AP  -  181 words
    • 190 6 Reuter THE BANK of Japan would aoon announce its schedule for further deregulating yen interest rates, Finance Ministry sources mid. Deregulation of rates on deposits over 300 million yen, down from 500 million, is expected from Oct L The ministry will also
      Reuter  -  190 words
    • Article, Illustration
      753 6 Reuter SINGAPORE THE US dollar yesterday closed slightly firmer against most major currencies after fluctuating within a narrow range in quiet and featureless trading, dealers said. They said most operators were reluctant to create large positions ahead of US Federal Reserve Board chairman Paul Volcker's mid-year testimony before
      Reuter  -  753 words
    • 187 6 1 A a lb L gji&j inTerDonR ron CotomAm it ot 3pm ywtif day: Md Mar raoMM>% Local dollar* to om wot of foreign US dolor StfftoQ pound Auttralan dolor NZ dolor Canodtan dolor 2 1845 3.2549 1.3685 1.1730 1.5778 2.1855 3.2565 1.3714 1.1757 1.5796 2.8196 7.3469 3.4286
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    • 72 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-1/2 per cent yesterday, up 1/8 point from Tuesday's close. The one-month term rate fell by 1/16 point, while the two- and threemonth rates remained unchanged. S$ Interbank rates at 7pm yesterday: OHw BM Oy|f. n>ght 3
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    • 353 6 Asian market ASIAN DOLLAR deposit rates yesterday clooed steady at slightly firmer opening levels In quiet afternoon trading. Dsalsrs said the market firmed 1/16 point at the outset on covering of short positions as sentiment was ,t M J Wm A. A W- -S Mipgq uf reports tnit reo governor
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    • 412 6 BA Futures EURODOLLAR futures yesterday opened sharply lower than Tuesday's clone following the —|klk upwara revwon m toe lirat quarter GNP figure and Fed governor Emmett Rice's forecast of aa economic upturn by yearend and comments on the limitations of further interest rate cute. After opening at OJ4, the
      BA Futures  -  412 words
    • 228 6 HONQKONQ: GOLD yesterday clooed dlghtly loner In netenh trading mainly on local profit-taking, dealers sslrt It ended at USSBIJ9/BUt an enact compftito wiui new ion t 361T0/353J0 doee and the SSJO/71 finish here on Teeeday. On the locnl market, gold loot BgU to at HDMMJI a tacL Krugerrand finished
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  • Page 6 Advertisements
    • 186 6 BANKRUPTCY The spectre that hangs over a company and the dread of every loan officer CAN BE PREDICTED Dr Edward Altman, Professor of Finance and Chairman of die MBA Programme in New York University, is an expert on corporate bankruptcy, whose statistical techniques are frequently used to predict bankruptcies in
      186 words
    • 58 6 If you are looking for a novel way to advertise/promote this is it! rciraE. KIDWEV IDEAS 'BE, an exhibition by financial institutions, for investors and entrepreneurs, for people seeking investments or finance. at THE MANDARIN SINGAPORE Sept 25-28 1986 Please see your TELEX for details or call us: TRADE FAIRS
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  • WORLD BACKGROUND
    • 714 7 AP JAPAN'S export drive, slowed in the US by a strengthening yen, has sped up in Western Europe and drawn new criticism from worried government and industry leaders. The trend is particularly Alarming (or Europe because it coincides with a long-awaited pfrkup in consumer
      AP  -  714 words
    • 984 7 Economy's resilience would be transitory, say some analysts NYT SPEAKING TO rural Whites earlier this month, South African Foreign Minister Roelof Botha very nearly dared the West to impose sweeping economic sanctions on his country. "Don't let them make you afraid," he
      NYT  -  984 words
  • Page 7 Advertisements
    • 254 7 V CITROEN CX 2.5 GTI Either you know how to appreciate it or you dont. THE FRENCH have a knack of taking the obvious and making it into the extraordinary. Le Corbusier did it with the chair. Citroen have done it with the car. There is nothing ordinary about the
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  • FEATURES
    • 533 8 CONSTANCY IN FRIENDSHIP is a valuable thing, but with the wrong friends, it generally leads to sorry situations. The American reiteration of its continuing passion for South Africa exemplifies Just how real constancy can be even in the fragile world of international loves and hates,
      533 words
    • 1428 8 Frank Yung talks to RICHARD SEAH and MANO SABNANI about his years as Telecoms chairman NUMBERS cannot be avoided when one talks about Telecoms. So it was that when Mr Frank Yung was intervfcwed by BT about his 12 years as Telecoms chairman, he began
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    • 284 8 ON IB FUVATHAINN st Teteeems: Difficult but not Impossible. The main objective of Tike own is not to maximise profits but to provide Singaporeans with an improved quality of life and businssßmen with a competitive edge. "That type of objective makes it a bit difficult to be a
      284 words
    • 394 8 ASK FOR A TELEPHONE in the future and you would be offered a video terminal as wdL This Is the "ultimate goal" of Telecoms when It hthnches Its Teleview service, giving uoers access and two-way communication with a central database holding a wide range of Information.
      394 words
  • Page 8 Advertisements
    • 107 8 Training improves TOUT Let BT show you how every Wednesday. Isn't it time you improved your reading level? Send me one year of The Asian Wall Street Journal. The Asian Wall Street Journal can't help you get ahead if others are getting it ahead of you. Just mail the coupon,
      107 words
  • Page 8 Miscellaneous
    • 618 8 nut i CRYPTIC PUZZLE ACXOSS 1 HoH price confectionery (6) 7 Joint jottfications (5-3) 8 As far as Emß can get (4) 10 Looked hard for new trades (6) 11 A moving description of the service (6) 14 Sit around being possessive (3) 16 Woman of virtue, US style (5)
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  • SPORTS
    • 560 9 UPI PLAYING a pair of tennis matches she really couldn't lose, Martina Navratilova erased 11 years of doubt on Tuesday when she emerged as a hero in her homeland. For almost two hours, as she played first singles and then doubles on a
      UPI  -  560 words
    • 446 9 AFP THE COMMONWEALTH GAMES would still be a unique sporting occasion in at least one sense, if England were the only team left in it. It will be the first time outside the Olympics that England's three record-shattering middle-distance runners Sebastian
      AFP  -  446 words
    • 457 9  -  By WALTON MORAIS ENCOURAGED by corporate response, the promoter for October's US$5O,OOO Singapore Women's Open world tennis championship event has decided to increase by 50 per cent the capacity lor private boxes, and by 20 per cent the general seating capacity at the
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    • 247 9 AP JIM SANDERS took it nice and easy to take the lead in the first round of the US Junior Amateur Golf Championship yesterday at MwirftoM Village Golf Club in Dublin, Ohio. Sanders, a 17-year-old from the US, who collects beer cans when he's
      AP  -  247 words
    • 236 9 Reuter SUPERSTAR Diego Mara dona and players from Argentina and Brazil dominate the Americas side that will take on stars from the Rest of the World in a charity game on Sunday. The game, which will be trievised to a worldwide audience
      Reuter  -  236 words
    • 587 9 Reuter EDWIN MOSES reeled off his 113 th straight victory in the 400 metres hurdles and Said Aouita made a winning return from injury in the Paris international athletics meeting on Tuesday. Double Olympic champion Moses subdued the challenge of Senegal's Amadou Dia Ba
      Reuter  -  587 words
  • Page 9 Advertisements
    • 90 9 BT is not all hard core business and financial news. We take "Time-Off" and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional. Commmentaries by our staff and national personalities grace these
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  • Page 9 Miscellaneous
    • 1172 9 A COSMOPOLITAN THEATRE FaN of Cialir DMth Waltz Bpm, Channel 12 A historical series that traces the faN of three monarchies in continental Europe the HohenzoNems of Germany, the Hapsburgs of Austria and the Romanovs of Russia. The series traces the stories from the middle of the I9th century to
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  • INTERNATIONAL STOCKS
    • 256 10 Reuter GUINNESS PLC board president Lord Iveagh had asked the merchant bank Lazard Brothers and Co Ltd to act as an independent special adviser to him for the company's upcoming extraordinary meeting, Guinness said in a statement. Guinness said last week that it will
      Reuter  -  256 words
    • 111 10 Reuter PEPSICO Inc's soft drink earnings Jumped 11 per cent in the second quarter on a 16 per cent increase in «aW leaving the company with profits from continuing operations of U*****.7 million, up from U*****.3 milium in the year earlier quarter. Sales totalled US$2.l7 hiiiwi,
      Reuter  -  111 words
    • 99 10 AP UNION Carbide Corp is selling its agricultural division, which manufactures the chemical that killed more than 2,000 people in a 1984 leak in Bhopal, India. Company spokesman Harvey Cobert on Tuesday said the sale involves plants in six US states and operations in Calgary, Alberta,
      AP  -  99 words
    • 317 10 Reuter WALL STREET scored a solid advance in moderately active trading on Tuesday although a few institutional favourites were battered. Pharmaceuticals and airlines had some of the better gains while the technology group turned in a mixed performance. The Dow Jones Industrial
      Reuter  -  317 words
    • 141 10 JULY 22 a hco In# Prov hi M 16* 41* I8B unch Abtfbi 22* unch AJcon 41 1 Kcfi Addaon Lobtow B 12* Bank Novo Scotia Bank Of Montreal Brf Canodo 15* 31 37* Mc BkxM Mokon A Moore Cp 35* 28* 35 Brascan Q A Canodkm Imp Bark
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    • 215 10 JULY 22 *0*d Tonaoot WO -20 Tru»t 0k 126 -I MOUSTVMLS Un Staal 55 unch Wooitru 1175 25 A Alpha 1020 unch Abarcom 250 unch ummttt 1250 4-25 5085 •80 405 •10 jest* 4550 *****8 inch 1900 10 nhToof 1850 latch 2850 BuHab 7750 too 220 Chartar 1850 -40
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    • 626 10 JULY 22 us$ AJcon AJurrwi 29* Alcoa 35* AIM M 16* •1* Aftad Sw 38y. AM Start 48% Afc-Chefcnen Am Bran* btc Am Can Co Am Cyonamid 4 93% BOH 73* 2* 1* Am Bsc Pot 29* Am [<pmi Am Horn* Prod 60* •7* Am Motoo Cp Am
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    • 753 10 Amsterdam JULY 22 fk ABN 598 50 -2.5 100.40 -OA Ahold AkM 57 40 +0 1 AJr«*o 152 60 inch AM£V Amro Bonk Am SMd 106.00 -0 9 120.50 +0.3 Buatomon T«n«r Colva Dm«w F#» Fofckar Gammo Giiltwor Hmk<n rlm"** 0 Mu— oda 210.00 -3.5 45 80 imh
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  • Page 10 Advertisements
    • 158 10 k WSmsft to wlae. aline and 5S 22% Va c Yl Ta m 7* Si In a cosy, relaxed, old-world ambience, reminiscent of the leisurely Viennese afternoons of old. Select 2 Austrian speciality pastries and savour them over a cup of hot chocolate, freshly brewed coffee or tea. Sanka or
      158 words
    • 171 10 More afternoon .O|L delights now at the Mezzanine Lounge 1 High tea buffet 3.00 pm to 6.00 pm daily. Indulge in rich cakes, finger sandwiches, Bistro wine cooler and much more. Price: $8.50 per person. Fashion shows 5.30 pm every Tuesday and k Thursday. Models parade the m best from
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    • 137 10 Lovers of true Teochew Porridge can enjoy a wholesome meal of traditional favourites at the TERRACE GARDEN. Priced at only $5.50+ per person, you can enjoy savoury homely dishes such as braised pork in soya sauce, salted egg, deep fried bean curd, fried brinjal with blachan and morel Come, try
      137 words
    • 110 10 7 /M Va <rs Ike Heritage Bai H.OOam —7.00pm 9 m n Live Entertainment Daily From 5.00pm FURAMA SINGAPORE HOTEL 10 Eu Tong sen street Singapore 0105 Tel: 533 3888 TIEN COURT For a whole new Sichuan experience! 4 r m ITCLi Tien Court presents a feast of spicy Sichuan
      110 words
    • 151 10 ?<}|&{|">*_``(&{.)$@;%-\/^!]%/, ®pwwCE«>ra. Managed by Prince Hotels Japan Continuing the Prince Hotels tradition of friendly service 270 Orchard Ro*d,Sinppore 0923. Telex: RS ***** HCROWN Cable CROWNHOTEL Fax *****18 Tel: *****11 Diary of Food Events! ®KURUMAYA 01. JAPANESE REST AUS ANT IT" JULY SpocWsl llmafcen Beer or ABC Extra Stout at only
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  • ASIAN STOCKS
    • 380 11 HONGKONG: Share prices closed sharply higher yesterday in heavy trading as the Hang Seng Index finished above the key I*Boo level for the first time in nearly two months. The index climbed 25.43 points to 1406.96 while the broader-based Hongkong Index rose 14.59 to 1,132.98. Turnover surged to HKSK3-29
      380 words
    • 227 11 JULY 2S Al Sinew Mu» NT 1.99 26.40 -001 +0.1 Kuochan Da* Laa Chang Yuan Cham Indus Lion Hwa Mul 22.70 33.50 1290 +04 +0.2 +0.1 Cathay Cam Chang hfcva Bank 31.40 44.20 +0.2 +0.4 Nan Ya Pta» NOT IWfHTHpn 38.30 +0.1 381.50 -0.3 CNoTkin Camant CMn Hrin Rour
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    • 358 11 TOKYO: Prices soared across the board yesterday in heavy trading for the second day running, wiping out Monday's heavy losses, due to rises on Wall Street and domestic political considerations. The market average rose 220.75 yen to 17,860.07, following Tuesday's 117.10 rise. The average dropped 319.09 on Monday, its
      358 words
    • 72 11 JULY 23 hw Marcoppac 0 45 +005 Keoif Mining Angto PM 0.0012 iKh Oriarrtol B PM OvarMot 0.014 0.017 cnch unch PMn B picoo B 0.25 uneh Ap«x Mining B PU)t 145 -6 Alk» Con. 1 Gold Son Migual B 49 0009 ♦2 unch 0.005 -0.0005 13.75 unch Banguat
      72 words
    • 432 11 SYDNEY: Australian share markets yesterday closed barely steady, as investor sentiment struggled to remain bullish in the wake of a weaker Australian dollar and easing bullion prices. At the close, the All Ordinaries Index was 0.9 point firmer at 1,137.7 and the All Industrials Index was 3.8 points higher
      432 words
    • 108 11 JULY n Woo Kanamon ktd Kia Motor Koton fad 1175 ♦70 CM Sugar 1900 40 2140 2110 ♦•1 70 DUMii M Doowoo Corp MO 1439 10 ♦70 Karoo Lang Tartn Lucky Ltd ISM IMS 30 ♦M Doowoo HMvy 1550 70 OHoiM I4M 10 Dang Ah Phar Dang Suh SMd
      108 words
    • 143 11 Reuter BANGKOK: The Securities Exchange of Thailand Index improved 0.02 to 139.65. Turnover amounted to 445,129 shares valued at 75 million baht. Reuter JULY 23 1 Mm Siam Camant Stan Qkn 5*7 ♦B Ao Kham Thai 133 5 Siam CMaana LM*| Agro-tad BonAofc Bati BankOf Aw4im Charoong thai w»
      Reuter  -  143 words
    • 57 11 Reuter THE RESERVE BANK of India (RBI) has withdrawn restrictions barring non-resident Indians living abroad from investing in Escorts, a private engineering company. A company spokesman said the RBI which imposed the ban on non-resident investment in the Delhi-based company on Sep 19, 1983, withdrew
      Reuter  -  57 words
    • 286 11 Reuter BOND CORP Holdings has approached Neptunia Corp with an expression of interest in acquiring the issued capital of San Miguel Brewery. San Miguel said in a statement issued in Perth through Bond Corp that it was informed of the approach by Neptunia,
      Reuter  -  286 words
    • 450 11  -  •y FLORENCE CHONG AN AUSTRALIAN company, Austec International, is to supply equipment and tfrhnokyy to help China estnhHsh a new Industry the mswufacture of Unssskßi laminated panels. In a major contrnct with the Fijian Refrigeration Industries Corporation, the Sydney-based firm has designed
      450 words
  • Page 11 Advertisements
    • 702 11 IST Wtefe ia wiae, > and eaMa Start ofA New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian.Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine to only half the
      702 words

  • RAW MATERIALS
    • 599 12 Reuter THE WORLD TIN industry facet a major overhaul in the coming months as free market forces dictate the level of prices, industry sources and metals analysts have said. In late October last year, Just before tin price support under the International Tin Agreement
      Reuter  -  599 words
    • 427 12 AP THAILAND lashed out on Wednesday at wealthy nations which "protect and pamper a small number of their farmers" as 13 countries met to forge counter-measures to protectionism in agricultural trade. Without naming specific nations, the criticism by Deputy Prime Minister and Foreign Minister Siddhi
      AP  -  427 words
    • 186 12 AFP EXPORTS of Japanese rolled steel products to the US in 1906 are expected to decline 24 per cent to 3.96 million tonnes from the previous year, according to Japanese steel industry sources. The Japanese steel industry has been voluntarily restricting
      AFP  -  186 words
    • 160 12 AFP A MAJOR new iron ore mining development is planned (or the remote Pilbara region of Western Australia to replace the Marandoo project. The new development, at a deposit known as McCamey's Monster, 42 km east of Newman, will enable multi-millionaire Lang Hancock
      AFP  -  160 words
    • 247 12 AP EDOUARD SAOUMA, the director general of the UN Food and Agriculture Organisation, yesterday said that he did not agree with suggestions that Indonesia should reduce its rice production to allow an increase in international rice prices. "I don't think it
      AP  -  247 words
    • 250 12 SMQAPORE THE MARKET yesterday closed slightly lower with August One RSS buyers quoted at 176.25 cents per kilo, down 0.75 cent from Tuesday. Trading in the TSR 20 market was very quiet throughout the day due to lack of interest but prices held steady around previous levels. TSR 20
      250 words
    • 232 12 MALAYSIAN crude palm oil (CPO) prices yesterday recovered on shortcovering to close above the day's lows after initially extending their falls in sympathy with weakness in palm oil futures and a lower Chicago soyoil futures close. Anticipation that local CPO production would pick up in coming months continued
      232 words
    • 592 12 Reuter COFFEE ROBUSTA FUTURES on Tuesday ended higher, recovering most of Monday's losses, but trading was relatively light, with gains on New York on Monday and Tuesday providing the impetus, dealers said. Contracts closed up £74 to £62 a tonne, but the trend was mainly technical and generally
      Reuter  -  592 words
    • 176 12 Reuter WHEAT FUTURES on Tuesday rallied at the close to end slightly higher, up 1-1/4 to three US cents per bushel, after spot July expired at noon seven cents below Monday's close. Led by professional buying, prices recovered from the earlier downward trend on reports that Senate majority leader
      Reuter  -  176 words
    • 65 12 (USSAotm. FOB) Whit# Riot 100% 1st doss 255 100% 2nd doss 220 100% 3rd doss 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rica A-1 Super 118 A-l Special 115 C-1 Special unq C-l Ord unq Loonzain Rice 100% 1st grade una 100%
      65 words
    • 184 12 Reuter SOYBEAN FUTURES on Tuesday recovered slightly from the day's lows but still ended with substantial declines from Monday and weather concerns abated somewhat. Spot July expired at noon 5-1/4 US cents per bushel lower, while other active months continued to hold losses and ended with declines of six
      Reuter  -  184 words
    • 373 12 AFP WORLD WHEAT production in 1986 is expected to reach 509 million tonnes, six million tonnes lower than predicted at the end of last month and little changed on the 1986 output of 511 million. The International Wheat Council (IWC) said in its latest market
      AFP  -  373 words
    • 88 12 Reuter THE KUALA LUMPUR Kb price yesterday reMveni few eeati to date at per Idle tradtag, The reeevery wu helped by ewae l>p» eeapfted with a steadier Earepeaa spet market, they added. latereet was sudaly aeted at the epealag MfliM level which emeearaged straw Mds s( 114 teases.
      Reuter  -  88 words
    • 268 12 RAS prices ta S caota/kg, P08 la b NO ION CLOSC N 1 RSS Prompt 177.00 I78.00N 177.50 I78.50N bit 1 RSS Aug 86 175.75 176.25 176.25 176.75 Int 1 RSS Scot 86 177.50 178.00 178.00 178.50 bit 2 RSS OR. 172.50 174.50N 173.00 175.00N In* 3
      268 words
    • 89 12 (cmu/Vg, 1-ton p mUH) AUG 86 SEPT 86 (cihtw it mofftfc) (forwori i montti) NOON NOON RAS Svyws Solan 8»ii ■>« Mm SSR20 160 00 162 00N 160 50 162. SON SSR SO 157.00 I59.00N 157.50 159.50N MRELB l»|in Silin SMR CV 238.50 240. SON 239.50 24I.50N
      89 words
    • 146 12 Chinese Prodi ice Robusta 20/25% Exchange FOB NSW 480.00 Setters' MM d«M pi My 23 (SVlOOkff). new M Nutmeg 110 FOB NSW 1355.00 Coconut oil BWP FOB NSW 1256.00 Bufc FOB 46.00 Gombier Old drum FOB New drum FOB 59.00 63 00 FOB NSW 330.00 Copra 24 London
      146 words
  • Page 12 Advertisements
    • 294 12 NOTICES At the Extraordinary General Meeting of the members of FAIRMONT SHIPPING AGENCIES (SINGAPORE) PTE LTD, duly convened and held at 30, Robinson Road #18-01, City House, Singapore 0100 on the 10th day of July 1808, the following Special Resolutions were duly passed: SPECIAL RESOLUTIONS 1. VOLUNTARY LIQUIDATION RESOLVED that
      294 words
    • 289 12 THE COMPANIES ACT, CAP. IM AND gjjggl ■TuiTrTlii^B At the Extraordinary General Meeting of the members of PURSELLCHART PTE LTD, duly convened and held at 1 North Bridge Road #19-07/06 High Street Centre, Singapore 0617 on the 16th day of July 1806 the following Special Resolution was duly passed: "That
      289 words
    • 256 12 TRADING PTE. LTD. (Pmmt to SeettM M) At an Extraordinary General Meeting of the members of Authority Shipping li Trading Pte. Ltd., duly convened and held on Monday, July 21, 1866 at 10.66 a.m. at 80 Marine Parade Road #12-62, Parkway Parade, Singapore 1544, the following set out below was
      256 words
    • 121 12 NOTICE NOTICE IS HEREBY GIVEN that, I Yap Chung Wah of No. 33 Pebble Lane, Singapore 1543 have applied (or a First Clan Beer House licence in respect of premises at M/s Take Five Beer House at 30 East Coast Road #01-34 Paramount Shopping Centre, Singapore 1542 and that this
      121 words

  • SHARE INFORMATION
    • 4053 13 WITH MOST blue chips and trustee stocks taking a back seat, lower valued speculative lanes were the centre of attention on the local stock exchange yesterday. Trading was thin, quiet aad mostly patchy throughout the day, with Investors coiitiiwiim to watch from
      4,053 words
    • 181 13 SWGAPORE RMM CIMn» m MT»« lit -f7 Jhja H*> 97 *U 725 +5 OCOC 695 +5 C K Taag 190 >4 •a* Mi 90* 225 -ft TMS 211 -ft Ha-aM 171 *3 C 4 C 147 4-3 fiaata NU» 71* FaHt tus «s OThlnii IIM1I44MSM027 OTOOfOS .117
      181 words
    • 2309 13 BID aad after prim flfflrtony Hefted aad bartneas ta and reparted to the Stock fackm jmi i j to brackets tn lots of IJM units mlooo specified- AH qaotod after the word "SETT". Blf Board deals (to toto of MM units) are quoted after the
      2,309 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 338 14  -  By RAMESH CHANDIRAMANI THE FIRST STAGE of the two year-old ffnanrtml reconstruction scheme at United Engineers (Malaysia) Bhd has been completed. The Singapore parent, United Engineers lid (UEL), was on July 8, 1906, alloted a combination of new UEM ordinary shares, cumulative preference shares
      338 words
    • 584 14 Group may hand out special stock bonus, say analysts Reuter HONGKONG and Kowloon Wharf and Godown Co Ltd, the of tycoon Sir Y K Pao, It expected to thorn a 30 percent increase in fiscal year profits when it reports results tomorrow, with
      Reuter  -  584 words
    • 392 14 ANTAH HOLDINGS shone like a beacon in otherwise drab conditions at the Kuala Lumpur stock market yesterday. The counter was the most active stock of the day with 1.072 million units which was about 20 per cent of the day's total luiuovn.
      392 words
    • 559 14  -  Eiaiaaas? mm ■y JOSCELYNE CHAN FOOD-BASED Cerebos Pacific Ltd Is a company with good growth iMsptds and its shares should be bought, says Sun Hung Kai Securities in a July 2 investment report Cerebos will continue to look to its Australasia operations for profit
      559 words
    • 1714 14 •ÜBTVMLS Aom (1488) xd Ajimwif (2908) AMD (->(1)298 Akmm (65*8) (2) 65* (1) 65 (5) 66 xri ASS (55*8) (13) 55 (20) 56 API (77W8 78S) (9)79(9) 80 07) 78 (17) 77 (I) 76* (1) 76 (1) 78* (9)77* ASM (1108 1I1S) (5) 113 (27)
      1,714 words
    • 101 14 HONGKONG Hoogkoag Wednesday 1132.96 Tuesday 1118.39 WMk ogo 1100.07 Hom Song lodox Wednesday 1816.96 Timdoy 1791.53 WMk ago 1763.38 AH Industrials Wednesday ***** Tuesday 1807A Week ogo 1801.0 NEW YORK Dow Jonos Tuesday 1795.13 Monday 1779 11 Week ogo 1768.70 TOKYO Nfckoi Ayrog* Wednesday *****.07 Tuesday *****.32 WMk
      101 words
    • 216 14 tsrans* Singapore U The Commerce The Sowing* Fwtd S pore Pro® Fund S'pore Sec Fund S pore Invest Fund S'pore Equity Fund Aria Unit Moi Invest Fund Met Prog Fund Mfll Security Fund Mol Berjoyo Fund Mol Equity Fund Mai Com. Fund ArtmNmot 1 nH Truat 082 0.88
      216 words
    • 233 14 METRO HOLDINGS United: 13th AGM at 65 Chulia Street, #19-00 OCBC Centre, Singapore 0104, tomorrow at noon. TBANSMARCO Limited: AGM at 65 Chulia Street, #1M0 OCBC Centre, Singapore 0104, tomorrow at 11.30am. GENERAL CORPORATION Betted: 17th AGM at Bunga Kenanga Level 3, Pan Pacific Hotel, Jalan Putra, Kuala
      233 words
    • 270 15 TAN SRI KHOO Teck Puat, the Singapore financier who recently helped to thwart Lloyds Bank's hid for Standard Chartered, has sold 1.5 million DBS Bank shares for |10 575 millkm. CSS Bank informed the stock exchange yesterday that following Tan Sri Khoo's
      270 words
    • 450 15  -  ■y AMY CHEOK FOR THE SECOND time in eight months, Metro Holdings has failed to sell its majority stake in its subsidiary, Transmarco Ltd, the listed retailer and distributor of upmarket products. Li a statement to the Stock Exchange of Singapore yesterday, Metro directors said
      450 words
    • 301 15 MBT MALAYSIA MINING Corp and United Engineers (M) are vying for two jobs under phase two of the Peninsular Gas Utilisation Project. A source said they were among five companies which prequalified (or the projects a few months ago and were now waiting
      MBT  -  301 words
    • 838 15 SHARE PRICES in London opened higher yesterday, mostly on the back of Wall Street's firm performance on Tuesday. At 11.00 am, the FT 30 Index was up 9.8 points at 1,284.5 whOe the FTSE 100 Index rose 10.3 points to 1,569.5. On Tuesday, the FT 30 Index lost
      838 words
    • 643 15  -  By NAJEEB JARHOM THE CORPORATISATION of the local stockbroking industry is gaining momentum with several foreign parties, besides Hongkong's Sun Hung Kai Securities, showing interest in taking up equity stakes in selected brokerage firms. Preliminary discussions have been held between a few broking
      643 words
    • 375 15 JACK CHIA to trading in Haw Par Brothers International shares again. Ifr Chia said in a letter to Haw Par on July 21 that Sabreor Pte Ltd, a company in the Jack CUa group, had on three separate occasions sold
      375 words
    • 93 15 CKKKBOfl PAC0F1C LM aid shareholders had, at aa BGM oa July S, ainjtovad the f mi<—rt acquisition of the tradsauurfcs flbuMMk ft II ana uccoccs from ninoi novis McDougall PLC. Ltf'saddMr resigned aa a director of the beak. rattaa said the Tchus? aTST rangement dated May 15 of
      93 words
    • 637 16  -  By ALVIN TAY HEAVY LOSSES to the tune of $65 million have been incurred by Bank of America's Singapore branch for its 1965 financial year, the first time that it has gone into the red in at least a decade. It made net
      637 words
    • 271 16 Reuter THE EUROPEAN Community (aces weeks of financial uncertainty after Treasury Ministers yesterday failed to make any significant progress towards agreement on a draft 1967 budget Airing talks in Brussels. British Treasury Minister Peter Brooke, who chaired the negotiations, made it
      Reuter  -  271 words
    • 102 16 Reuter NEW ZEALAND yesterday welcomed agreement with the European Community (EC) that guaranteed access for its butter exports for the next two years. Both Prime Minister David Lange and Overseas Trade Minister Mike Moore hailed the agreement as important in getting
      Reuter  -  102 words
    • 371 16 UPI JAPANESE Premier Yasuhiro Nakasone yesterday said he would take charge of carrying out measures to reduce Japan's export drive and stimulate the slackening domestic economy. Mr Nakasone made the remark in Tokyo a day after he was re-elected Prime Minister in parliament and carried
      UPI  -  371 words
    • 505 16 Reuter THE US has hailed a meeting between Israeli Prime Minister Shimon Peres and Morocco's King Hassan as a step towards regional peace but seems unsure of just what it portends. Though US officials said that they had known in advance of the
      Reuter  -  505 words
    • 115 16 UPI CHINA said that its latest talks with India on a long-standing border dispute had ended yesterday with little progress achieved and rejected an Indian news report that Beijing was stepping up the arming of Maoist rebels in north-east India. Xinhua news
      UPI  -  115 words
    • 195 16 Reuter PRINCE ANDREW married his childhood friend Sarah Ferguson yesterday with glittering pageantry and a mischievous sideways grin from the bride as she vowed to "obey". They were married by the Archbishop of Canterbury in Westminster Abbey in front of 1,800 dignitaries, old
      Reuter  -  195 words
    • 514 16 AFP ABOUT 1,300 candidates are expected to file nomination papers today to contest Malaysia's seventh general election which will be held on Aug 2 and 3. Polling officials said yesterday the largest number would come from Prime Minister
      AFP  -  514 words
    • 83 16 Reuter COMEX GOLD futures posted riurp losses on liquidation by foreign traders in early trading yesterday following a firm dollar. The leading August delivery fell US$B.4O at U*****.30 an ounce which represented a deep penetration of Tuesday's low of U*****.10. Comex silver futures, in turn, approached
      Reuter  -  83 words
    • 62 16 WALL STREET stocks gained in early nervous trading, as signs of a stronger economy underscored the market's recent recovery. The Dow Jones industrial average was up five points to 1800. Advances led declines by a three two margin on volume of 16 million shares. Trading remained cautious
      62 words
    • LATE FILE
      • 44 16 AP NEW DEFENCE AGENCY director-general Yuko Kurihara said jesteidoy that Japan's defence spending migni mgg to nse aoove uk current ceiling of one per cent of gross i product in order to attain a planned defence build-up programme. AP
        AP  -  44 words
      • 41 16 AP THE TINY West Indian Island of Montserrat has become the 31st entrant to pull out of the 1906 Commonwealth Csmes, having only It nations, rnlnaies and terntones to line 19 tor loaajrs opening ceremony. AP
        AP  -  41 words
      • 58 16 Reuter BOEING Co is being sosd by the US Justioe Department for hmttf oMmm Bgshwt the government on military projects. The department is snisg Boeing and five e&empkifem for Inflating government contracta by U*****,001 to cover severance payments incurred when the five left to take
        Reuter  -  58 words
      • 54 16 Reuter A BUSINESS associate of deposed leader Ferdinand Marcos has given the Philippine government a cheque for 190 million pesos (U3f7-5 million). Jovito Salonga, chairmaa of the Preridntfcl Commission on Good Government, received the money from liiwlmsinisii Jose Campos, who fronted for Mr Marcos in
        Reuter  -  54 words
      • 35 16 AFP A RANKING Sooth Korean Olympic official yesterday rcjecxea as hoc wanny oc any comment" a reported North Korean demand for a bigger share of the IMB Seoul Olympics. AFP
        AFP  -  35 words
      • 36 16 Reuter SUDANESE rebels yesterday said that they bad captared the airport in the auulhtu capital of Juba alter heavy fighting and a UN official confirmed that the guerrillas controlled the airport. Renter
        Reuter  -  36 words
      • 44 16 Reuter SHANGHAI should increase foreign commercial borrowing to obtain urgentlyneeded capital to improve its infrastructure. Zheng Bolin of the Bank of China said that the dy was wefl qualified to borrow since it was China's largest export earner. Reuter
        Reuter  -  44 words
  • Page 14 Advertisements
    • 244 14 MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) INTERIM RESULTS FOR THE HALF YEAR ENDED 30TH JUNE, 1986 The Directors of Malayan United Industries Berhad wish to announce the unaudited results of the Group and the Company for the half year ended 30th June, 1986. Group' Company Half Year Ended Half
      244 words

  • Page 15 Advertisements
    • 554 15 IMPORTANT BRITISH COMPANY SEEKS EXCLUSIVE DISTMBUTOR substantial Singapore company as an exclusive distributor This is an excellent opportunity for a company in Singapore to obtain a distributorship for a range of products with excellent marketing potential, giving substantial, immediate return on investment. Our group operates internationally and enjoys excellent sales
      554 words
    • 68 15 ■LAiimzEUKLi: ixn\i>iTjr im m t > i» A 2* tMAjrsu^r^ !\W f' iv\ \Z si«s VCTi -v# v\^ r\* n* > INCLUDING State of the Kronomv Sorting out the signals !1 th>- v !nt> rti.itjnn.<l >; v*^ V A residential rally. Wages What went down... but should it stay down?
      68 words

  • Page 16 Advertisements
    • 149 16 Computer Charting Service for Local Stock Market Analysis Join die major brokerage firms, banks ad diversified institutions in subscribing to the most advanced Computer Charting Service for investment analysis aid decision-making CHARTAMATIC b an indispensable software tool for coadoctng technical analysis to support fundamental data research Complete with histoncal data
      149 words
    • 3 16 •xpcdtd, Page 4
      3 words
    • 73 16 Alluring Aus Capture the essence of Austria through its cuisine Acquire that refined Austrian taste as you savour its fine specialities. The Baron's Tkble presents the very best that Austria has to offer on the culinary scene Lunch and dinner from July 1 31. ®BmWSWM Simply the best in town
      73 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 452 17  -  By LINDA CHEE AMERICAN President Lines (APL) has increased to weekly its express service between Taiwan and the United States in the wake of buoyant Far East export sales to the US. The speeding up of schedules for the
      452 words
    • 177 17 Opecna NIGERIA'S five licensed petroleum marketing companies sold 107,125 tonnes of bunker fuel in the first quarter of 1986, according to the monthly "Nigerian Petroleum News". The publication reports in its July issue that the companies National Oil, African Petroleum, Total, Texaco
      Opecna  -  177 words
    • 186 17 AFP THE ROYAL Australian Navy announced on Tuesday it had surveyed a new sea passage east of Papua New Guinea which should cut several hours off shipping times between Australia and Japan. The passage runs for 100 nautical miles through
      AFP  -  186 words
    • PORTSIDES
      • 155 17 AFP SOME 60 passengers were missing and feared dead after an overcrowded inter-island ferry sank in the Banda sea south of the Moluccan Islands, the daily Kompas said on Wednesday. Local coast guard units learned of the July 13 sinking only last Tuesday when contacted by 10
        AFP  -  155 words
    • 1157 18 BUSINESS on the London shipping freights market on Tuesday concentrated on the grain and timecharter sectors. In the grain sector, a steady U554.75 (fio) was paid by Archer Daniels for prompt loading of 58,000 tons aboard the Konkar Intrepid from the US Gulf to Rotterdam, while Italmare paid
      1,157 words
    • 633 18 Seatrade week WHAT HAS THE Transpacific West Rate Agreement accomplished alter more than a year and a half of persistence? A patchwork conference structure, a lot of bad blood between shippers and carriers, and some dismally low westbound freight rates. But it still
      Seatrade week  -  633 words
    • 525 18 Reuter A COMBINATION of factors including overcapacity in North Atlantic shipping lanes, the troubled US steel industry and a railroad accident have dealt a setback to CSX Corp, according to Wall Street analysts. CSX shares, which traded in the low 30*s
      Reuter  -  525 words
    • 673 18 AB Shpg V 5 Kie Gwan VI 4 Accord Shpg VI 3 Kyowa Line IV 1 Afea Line VI 3 L C Shpg V 4 Anro Service IV 2/3 Lion Huat IV 3 ANL 1 1/2 Lin Lin Shpg IV 5 APC Line V 4 Lloyd Brasiieiro
      673 words
    • 286 18  - P O Cruises brings up-market liners to Australian market Kingsley Wood P A O Orates no longer has a ship stationed in Australia but is holding a reasonable share of its old market by bringing some of its up-market liners to catch the Deak cruisins season. The aTow-tonne bland Princes
      286 words
    • 126 18 PARCEL tanker operator StoltNielsen has completed the move of its ship management department in the United States from Greenwich, Connecticut, to further down south in Panama City, Florida. The company, which will take delivery of its 30th tanker soon, made the decision in
      126 words
    • 254 18 THE NEPTUNE Orient Lines Group has elected a new member, Mr Lum Choong Wah, to its board of directors. Mr Lum, general manager of Temasek Holdings, is also the chairman of the Singapore National Printers and sits on the board of several other companies. These include the
      254 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 601 19 Lloyd's List JAPAN'S second largest car manufacturer, Nissan Motor Co, has unveiled plans to reduce total CKD (complete knockdown) kit costs from the US east and west coasts to its Tennessee facility and the number of shipping companies it relies upon
      Lloyd's List  -  601 words
    • 293 19 Reuter THE EUROPEAN Community (EC) executive commission reveals plans to enable the ECs crisis-hit shipbuilding industry to survive by concentrating state aid for vessel construction on the most efficient yards. It said this was the only way the EC could hope
      Reuter  -  293 words
    • 224 19 THE MULTIPORT Ship Agencies Network, the respected association of independent ship agents, which now covers over 700 ports in some TO countries worldwide, has moved its general secretariat to new and larger offices in Rotterdam. Talking about this expansion of the headquarters facility, Frank overlaet, the
      224 words
    • 243 19 Argentine July It Beunos Aires Waiting time up to 2 day*. Sydney 2 vessels operating. Melbourne Shortage ot labour. Bangadeoh Chalna 9 vessels operating; Chittagong 22 vessels operating. Brazil July 1« Santos Normal operation. Cameroon July 1• Douala Delay due to heavy rain. Chile My 1t Valparaiso Normal
      243 words
    • 103 19 UNITED Arab Shipping Corporation has plans for a service between Mexican Gulf and South American ports In its four-year development programme for 1987-90. New Nulnf lines will also be explored, such as the maintenance of containers in Kuwait The company made an operating profit
      103 words
    • 7503 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,503 words
    • 712 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 Johofe Br 57B 24.7.86 1800 Kawasaki Fl 0900-1000 L7 Ever Garden 010RW 24.7.86 2100 G Asia F1 1200-1300/1100-1200 L3/N3 BenvoNa 5A 24.7.86 2300 S'pore Shpg
      712 words
    • 1689 25 The leading shipping lines operating from local ports and their agents. A—B A Top Enterprise* fn Ltd Some (S) Al Sfepfws Bousieod Shpg Agertc.es Alee Lm African Shpg Agent** (S) Ahrenfciel Im> Kim Shpg (S) Alfred C Toepfer Oceonus Sfwpp^gAgencies (S) Multiport Sdn Bhd (PK) Amencen
      1,689 words
    • 489 26 AT CONVENTIONAL WHARVES Vessel Barth Agant Arrival Daparturs KEPPEL WHARVES Hoti Senong Hongshoushan Hosei Moru hreri Bintong Sena Blue Ace Builder 3 E'more Bloom Inabukwa Ned Bangkok Niogo 14 Paleisgracht Silver Stor S'them Glory SO A Prodesh Taibaishan Trons Fjord K2I K15 K18 K27 K25W K16 K23
      489 words
  • Page 17 Advertisements
    • 753 17 Concise Comprehensive Contemporary mmommmtioir (1 FEDERAL 0 OnjPffOvmjm Omfcitm Iwi STRAITS EUROPE EXPRESS SER'.ICf uaas ootms N* tutu/ 00) 70 Stanton Way #0403 term* House SwppaN 0207 Id *****11 TELEX NO US ***** CFS Of Fa TFC #0W29 M *****31 mt *****32 Ttrmm* ot*e TfC #034)30 M *****90/*****93/2203/01 PETAIMG MYA
      753 words
    • 67 17 WHAT HAS THE Trons-Pacific West Rote Agreement accomplished after more than a year and a half of persistence? Page II NISSAN MOTOR Co has unveiled plans to reduce total CKD (complete knockdown) kit costs from the US east and west coasts to its Tennessee focility. Page 111 Index to odvertisers
      67 words
    • 554 17 i r i 1» THE HEART 7 OFTHE MAERSK LINE P«nang Vmml Voy IS" port EXPORT TO USA. EUROPE. *Cffct mi 2m m LGB OAK 14/0 17/8 231 24/0 131 14/1 20/1 21/9 ISappvt Omm Imm CT- 1/1 2* MB CfS 1/1 UN MB ir.i OMd| Im CT JO/7 2*#
      554 words

  • Page 18 Advertisements
    • 339 18 YAMASHITA-SHINNIHON LINE TRAMS-PACIFIC SERVICES STRAITS FEEDER Pacific South Waat F—dw at Kao Pacific North Woat raodar at Kao Atlantic/Canada Faadar at Nagoya Mi'y r~Mi "TTT~—nUHTM EM F**~M I M|M am B||i M S f V l r7rM 7J| FTM rrrrM nrrm FTM "irn: >i. MIDDLt EAST Full Container Service (A
      339 words
    • 145 18 JU Supercarrier Service limj TO: PANAMA US WC/EC/GULF 2/1 1«/1 3/11 17/11 Mm kc*N tm*n tar Hm*m (IU). I Fratcato. OriM, Stackta* m 4 im Otafo rii I. «**t. Oalntai iwi in Arota. Cwxjo Bn*ctt«i. Ptafcpsdwi fort Spun HamMon Hmjslon. SI Johns B«sm Torre C*tnes. fort Franco. F\>* A Pitro.
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  • Page 19 Advertisements
    • 468 19 jffw The Straits Steamship Group O STRAITS SHKMNG Singapore to Sabeh, Sarawak, Brunei Porta and Bangkok Overseas Containers Limited ;ON T A INI RSHIP SFRVICf TO UK CONTINENT it/i wt 23/1 wt n/t wt n/i wt wt wt wt wt •1/11 u/it u/u ii/i» w\t 11/11 ITwMw wt wt wt
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    • 547 19 LONG ESTABLISHED SINGAPORE SHIPPING COMPANY TBS HAVING GOOD SPD CONSN CUBIC GEAR AND CONTAINER HI FED. No. *371 Franco Belgian Services <¥ MFMRER OF ACE CONSORTIUM if I L L EuEtee SW PJSLMK U IkntN* nmm »m MM M n M (S M) lIN i»to n* ato a* a* m
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  • Page 20 Advertisements
    • 293 20 Hapag-Lloyd^ TO CONTINENT UK EXPORTS a/7 a/7 v* rut a/9 3/1 7/i u/9 11/1 13/1 FROM N CONTINtNT &UK IMPORTS *****94 I. Lap* *****25/C/t. *****19. *****49 *****71 P. Mm( 3(***** *****19 CR *****59 *****49 Ham *****7.91*92 /> *****33 *****3 _Jf INTERNATIONAL FREIGHT FOfIWAROCRS CONSOLIDATION SERVICE WEEKLY FROM FT. KELANG SINGAPORE
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    • 443 20 Jl |H> FULLY CON TAINERISED SERVICE J MemhPf ol the Acf Comortium 10 EUROPE VIA SUf/ C. I. TOKYO M CJI FROM EUROPE VIA SUEZ s Mfmb« ,he A Consortu KFTWE OTSTM. 35E fllll 1 i ONI AIN! RISE D 10 FRI'M NORTH AMERII A rttSl COA^T fon/wmo ksxl HRC
      443 words
    • 271 20 OL Hui Sun Hup Co (F y te) lid 'El i? 0 t ,-ifsi Tl MS ??061 N RS .'U(<7? t I \M I K I l\l K. Ill) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INTERMARITIME LTD J K MoMfe (Si* IfHt) Tat 2215 M Mate (M
      271 words
    • 756 20 o EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) no ano cm on no eowm no o.arr no UMME no cooos asotcanKi i) —t kw an a/7 tin 1/1 v> </i v> vi 12/1 ivi ivi u/i li/i ivi a/i a/i zs/i 2vt a/« 21/1 1/1 2/1 4/1 VI 12/1
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  • Page 21 Advertisements
    • 749 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 r FAR EAST CONTAINER SERVICE KOTASBMA MAJARAHTT OOWA SIN JKT WY SIN as/7 as/7 1/s wi tut m/s it/s M/a 23/8 as/s aa/s TCH TAICHUNO *MUR HKO KAO *TCM KEE MM 'IiUR *MTC VOiC KOB vi
      749 words
    • 647 21 BENLINE CONTAINERS 31/1 1/9 1/9 4/9 1/9 7/9 1/9 19/9 11/9 13/9 1/19 2/19 VII VII 7/19 9/19 19/19 12/19 11/19 IVI9 EXPRESS CONTAMER SERVICE FROM UK7CONTMMT r» k IkJJEBSEN LINE fc. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW CUMEA FIJI AND SOiTN PACfIC ISLANDS EE] SM MS US. I/I
      647 words
    • 293 21 EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE -WIN- VMS *a una k ftrt I N 24/1 Tl/t M/t 1-1/1 I M/l Tt/t M/t Mm Wbma/tmm i/U t/M t/li or* ALSO ACCEPTK BOTH CONTMBS. ran mil i£ nmk. ana a uu DJAKARTA UOYD INDONFSIAN NATIONAL UNF iTTTnr. i'i I HWIWIW kMU
      293 words
    • 223 21 BOUSTEAD SHIPPING AGENCIES m PMOII) (HkMI TMM CT NtMm HUM VM 83% nu« V 4 BURMA FIVE STAR (Burmese National Line) Loadnf for Rangoon Ypm* Plata* fwm > 21/31 M wa M Vs«* 1/2* «/ll 15/17 to| 12/14 Am BANK LINE FORTMMK VIM 28/7 23/1 28/1 11/t TMBMJk SIMM V
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  • Page 22 Advertisements
    • 1015 22 Ci K LINE KAWASAKI KISEN KAISHA. LTD.— «yq»» AfACASTA S ANTONO VMPMMSO Oct MM U Oct VH KOK SUAYAgUL CAU AO MM I fee nS* 1M I- 3 PNG SPOK UK ITZMBiO AC AM CO FT QUTTZALACAIfTLA SiOWCO COHNTO fTCDOA M MM lh| »k| Sh| 25 Ml 3S# 27h| »h|
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    • 465 22 FCL/FCL csitamnvi 3 a«« CALABAR V 27 W A.* tsuara* v 1 6 s*pt CALABAR V7B II S«pt r—7t IMb Frta Sfdri Ate Acceph n A«| 3 Sep* 1 Sep* AM/Brn 17 Sep* ft Sep! ?4 Sap< AM Bra i Oct IS Oct 13 Oct AM/tns Oct 3 No< INn
      465 words
    • 526 22 GOLDEN LINE GUM 6UMI SMPFMG (fit) LTD a. mm smarm mm wl uum (it ud) STRAfTS/PCRSIAN GULF SERVICE: GOU» UNO Mrto/tort/Mi Q*om Date/bkran SOW KM Oiliirti/lbucWOMo/*—M P yfAft PT PERUSAHAAN PELAYARAN T KALIMANTAN WRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vmml eta/ttd bestmaton IKID% M/K 23/24 My MBIIT—MBM NAGA 8008 «n
      526 words
    • 345 22 INTRASEA IPTEI LTD inso' 1 Road «27 16 Inters,!' <•' s.n 0207 Tel hs <► BREAKBULK SERVICE TO EUROPE/UK Spm P. S*i Mm 2S/7 ROT/MH/w pi) ROT/ANT/* (AVON) U PHILITRON SHIPPINfi AGENCIES PTE LTD TEL ?/3862? (8 lINE S i TELE* RS ?87?0 PHII I an. 2/t vt wiia/s.a/8 vn.
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  • Page 23 Advertisements
    • 594 23 fiLNOL iNEPTUNE ORIENT UNESCO S pare NEPTIfi AGFNCCS PTE. LID. R EH/MSI TM/SU id Mi i«m cjs womb rtmv zmni ntsw 270W77 *****22 *****53 BKCT UtS 27MU9 77*111 fM ptHM at *****44 MUM SON. M. 3689M7/*****45/*****53/3M7426 MPLME SON. BHD. *****1/*****34/*****35 NEPIM SON. M) *****9/6208»/627M0/627Ml/627M2 FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE a <x
      594 words
    • 449 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO 1 P KELANG. PENANG. BUSAN INCHON MM ib i dm/im i/i lb 7 Dnan/tMN lb. J Nrt— 15/ I (nton Orni/tm (MMU) 12/1 lb. Dmr/MTN 22/1 TM/MSN (MMU) 25/1 lb. I Dmmm/MM 2/1 tmm* Stray al l InWS/H S taNI NfPTUNI
      449 words
    • 398 23 SINSOV SINGAPORE SOVIET SMPPMG CO PRIVATE LTD SMSOV BULDM6 55. Market Street Sanfapare 0104 Tel: *****33 (15 Urn) T< Cable Address SMSOV SMGAPORE Telex (Mars RS ***** RS ***** RS ***** P. KELANG M/S SHARKAT MM SOON SDN. RM>. IST AND 2ND FLOOR. NO 1. IALAN CEMPENHG. PORT KLANG. MALAYSIA
      398 words
    • 50 23 Vf i i .*>/ ii > TSi Li is I Gmral tewy tar Mm' Vqr 14 mi m lakt Mn* bt Mi m 31/7/18 alG*Ultai«9N-12Mln ii»ii«i be n MM am aft* Hi Ml SHBUSAM MEBNH ft HT.T. TFTW CO. PTL LTD., MX Cad SM #11-M MMhl t>n UK IHj fflWa
      50 words

  • Page 24 Advertisements
    • 396 24 REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) K3XL irv.»imsi C5Z3E223 E22lEE5ni El irVIMTfTM I "NiTW "-'I 1 1 IfTTM w IITgT77I THAILAND um i m rrrrm r~B irn m rrm i n i n MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO KMNG/WEEKLY TO P.KELM6/FORTNGHTIY TO KLAWAN P7M li? ra
      396 words
  • Page 24 Miscellaneous
    • 158 24 ft Regional Weather m > J >• 1 Wife. $fe. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORMNG. c Wind < direction with speed in knots Wawe height LEGEND: R Thunderstorm #C Section w,th speed m knots y Shower Rom Wave height Cloudy Sky Surface winds are indicated
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  • Page 25 Advertisements
    • 58 25 use rnmmm K. U C 3 r u IiOS MM FAR EAST'EUROPE CONTAINER SERVICE czezd ii ■QH[U£ini]^jEUigß[llMEUlE3i[mM[UE3ir*l QZMEUIEU 1 j BnrrTjrTj|rj|xJ[smjri ii i ■dlE!mif^imMCT[J[Z3H T Tlg |T Mim 11 x ■EZlESi[ZZTTiii"isi!M[iT» i i"'jrfiEjri 11 .i" inrrwa EXZ SEA AUSTRALIA CONTAINER SERVICE rrm PENINSUL ARSABAH/SARAWAK/ BRUNEI SERVICES I. l',l M u/aM/mi
      58 words
    • 77 25 'N^FPNATIONAI TFS TFS VOY 113 TFS VOY 114 TOHAfUfH? TFS VOY QM Eta Fan Eta TFS VOY A 46 K/7 2S/I Eta Ndm 21 n Eta Syd TFS VOY T7S »fl TRANSOCEAN (Ml SDN. BHD COLUMBUS LINE REEDEREI GMBH [XPRfSS Sf Ml CONTAINf R SFRWICF 10 lit"ii!mil-m TAUSALA SAMOA V
      77 words
    • 80 25 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) 3) LONDON (SCOTLAND) TO RED SEA-MEDITERRANEAN I Valbcfc/tSC K 1m ftnrt/K* TO HONG KONG-TAIWAN-JAPAN -CHINA* FEEDER VESSEL PENANG FROM EUROPE FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA* MEDITERRANEAN VESSEL PIRAEUS CBLAMCA LISBON AGC LHORN FOS NAPLES JED SIN RVa Hart/CCS 2/7 9/7 Rla HaM/C
      80 words

  • Page 26 Advertisements
    • 189 26 SANKYO LINE (S) PTE LTD. :s• l> St.-»?t io nj ■,hp •«•1 r 1 lift Stnni.ii!' Sfln Pt«l I> I -> 3 I'l-: .Iff M.1,,',, I-., t, t, U> fci >•« P 1111' p M i,in Stmn'inj i> v >-n," CENTRAL GULF LINES MONTHLY MUKHU SERVICE TO ILS. ATLANTIC AND
      189 words
    • 395 26 t I CONVENTIONAL/SEMI-CONTAINER GLORIA PEAK ASTRA PEAK KRITI GARNET NEDLLOYD MOJI 27 Jul Port Louis. Reunion 26 Aug Port Loute, Reunion 5 Aug Mombasa. Daressalam 15 Aug Mombasa. Daressalam CONTINENTAL PARTNER 11 Aug P. Notre. Monrovia. Abidjan. +Lome. Apapa. Tema Rmks: Subject Inducement AFRICA'S v )NO^j HAYAKAWA MARU 29 Jul
      395 words