The Business Times, 29 July 1986
1986-07-29
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The Business Times
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Title Section12 1986-07-29 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, JULY 21, 1188 75 CENTS12 words
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360 1986-07-29 1 IN A BID to shore up its sagging economy and battered currency, Australia yesterday announced sweeping policy and tax changes to boost foreign investments. Treasurer Paul Keating, who has promised an austere budget next month, odd in Sydney yesterday that the government would abolish360 words
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Article458 1986-07-29 1 LIM SOON NEO - Singapore has become an expensive city, some tourists say By LIM SOON NEO TOURISTS last year spent only $2,314.7 million here the lowest level since 1981 as they refrained from splurging on shopping, wining and dining. The estimated total expenditure of visitors last year, which458 words
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442 1986-07-29 1 ALVIN TAY - By ALVIN TAY THE SUCCESS of the Post Office Savings Bank la attracting deposits was Ironically the main factor accounting for the hefty 4B per cent fall in its net surplus last year. Its 1906 annual report shows net surplus total442 words
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Article, Illustration338 1986-07-29 1 NEWS THAT AN UPTURN of the Singapore economy was nearer at hand than previously indicated helped share prices to dose generally higher in quiet trading at the stock exchange yesterday. The TTiisliw— Times Composite Index gathered 3.94 points to end at 113.41, while the338 words
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Article410 1986-07-29 1 MALAYA TIN PRINTING 00, which is being threatened with a winding-up petition from Banque Nationale de Paris, has won extra time from its bankers. Banque Nationale de Paris petitioned to wind up the company last Wednesday. But the petition was withdrawn on the understanding410 words
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132 1986-07-29 1 UPI PRESIDENT REAGAN has assured President Suharto that the US will provide a Delta rocket to launch a vital communications satellite for Tmlnwli An American Embassy official in Jakarta said US Ambassador to Indonesia Paul Wolfowitz delivered the assurance in a letter fromUPI - 132 words
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Article407 1986-07-29 1 SINGAPORE beats Hongkong hands down as a shoppers' paradise in Asia, according to the Survey at Ovenens Visitors to Sbgapan. IMS. Of the 9,87 visitors who departed Shiga pore by air, 72.1 per cent found the Republic a shoppers' paradise In terms of prices while 91.5 per407 words
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Page 1 Advertisements
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Advertisement130 1986-07-29 1 Mikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Before 'Link' Specialist in HAIR WEAVING HAIRCARE At Link Hair Care we put back that extra link in your hair, helping you to restore that natural look again. We will link your hair with LINKS (where you've lost yours) and you will look as130 words
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Advertisement245 1986-07-29 1 MONEY EXCHANGES RAW MATERIALS TV S RADIO OUR VIEW SAY THAT the Thai general election was fought over personalities ond not issues does not mean that issues took bock stage but simply that there was agreement on the economy being the main issue. It is to be hoped that the245 words
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Advertisement93 1986-07-29 1 &}`!_)\<\^\"]?=)__&]-/+"/[.%@[/ Tobe perfectly franc, itfc the million dollar question. Round for pound, every yen counts. Mark ourwords. ¥xi know it makes cents. The best way to earn higher interests on your savings is via our ACU foreign currency deposits. From as little as US$5OOO, we'll handle your US$ deposits. We93 words
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Advertisement88 1986-07-29 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM The life-line of the economy CASINOS have an economic function at lent where Macau's five casinos are concerned. Not only are flwy the mainstay of the Portuguese colony's economy, but together they are the second largest employer next to the government The millions they88 words
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HOME NEWS
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430 1986-07-29 2 ANNA TEO - By ANNA TEO PROSPECTS are "very promising" for Singapore to develop as a countertrade centre. But banking practices here must be made more flexible to encourage more free flow between trading companies, said a visiting professor of international trade. Singapore is430 words
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517 1986-07-29 2 RICHARD SEAH - By RICHARD SEAH Special Correspondent A MUSIC INDUSTRY entrepreneur who was forced out of business last year has made a comeback with a novel way of selling compact discs by post. The idea comes from Mr Ronnie Loh, whose company,517 words
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Article, Illustration398 1986-07-29 2 LIM SOON NEO - By LIM SOON NEO IF PAST VISITORS to Singapore should carry out their travel plans, (ewer of them would be returning to the Republic in future. According to the Survey of Overseas Visitors to Singapore, 1965, 6.6 per cent of the 9,961398 words
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246 1986-07-29 2 NTUC FAIRPRICE has big plans (or small provision shops. It wants to impart to them the art of modern management. The motive is not benign. More than 1,000 of these stores are customers of the retail and trading cooperative and assisting diem to upgrade246 words
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438 1986-07-29 2 SINGAPORE ENGINEERING and Consultancy Services (Specs) has been reappointed by the Brunei government as consultant for renovation works. The latest project secured by Specs, a subsidiary of die Port of Singapore Authority, is for a facelift of its town wharf, passenger jetty and438 words
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230 1986-07-29 2 THE PRIME MINISTER yesterday sent a goodwill message to Mr Yasuhiro Nakasone, to congratulate him on his reappointment as the Prime Minister of Japan. In his message, Mr Lee Kuan Yew said "the voters have given a clear signal of their support (or your230 words
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229 1986-07-29 2 KEPPEL SHIPYARD Ims completed a US$B.3 million ship coo- M version contract, its first major ccntract with China and a possible gateway to others. The tanker, Nan Hai Xi'r Wang, was oooe a very large w crude carrier but it will now ply w the oceans229 words
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Article, Illustration301 1986-07-29 2 TAN KIA KOON has been appointed senior manager, tax, of Overseas Union Bank with effect from July 1. The bank has also appointed Taa Ihig Hum as senior manager, trading room, Taa Eag Hut as senior manager and Alaa Taa Ysag Seng as manager. Mr Tan Kia301 words
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Article, Illustration325 1986-07-29 3 LISA LEE - By LISA LEE HISTORY repeats itself, so the saying goes and although it is unlikely that Singapore will follow in the exact footsteps of America, the two republics could be said to share similar problems in development. This similarity will be highlighted325 words
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378 1986-07-29 3 THE NATIONAL Productivity Board (NPB) will be moved out of the Ministry of Labour to come under the Ministry of Trade and Industry (MTI) from next month. Also, the SUDs Development Fund win move to the NPB. A government announcement yesterday378 words
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105 1986-07-29 3 PRIME MINISTER Lee Kuan Yetf has sent a condolence message to the widow of Mr George Chua, president of the National Trades Union Congress. Mr Chua passed away on Sunday night. Mr Lee expressed his shock and conveyed his deepest sympathies to Mrs Chua105 words
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Article317 1986-07-29 3 Seminars and courses Aug 13-14 How To Use Finonciol Boulevard Hotel Ernst and Whinney Techniques in Soles and Marketing Consultants Pte Ltd Aug 14-15 Financial Futures and Options Hotel Equatorial AMA Management Consultants Aug 15 Sales Management by Objectives Sheraton Towers Heinz Goldmann Sales Centre Aug 18-19 Time Manager317 words
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Article, Illustration489 1986-07-29 3 LOH HUI YIN - By LOH HUI YIN THREE RULES (or public debate have been suggested by a member of the People's Action Party, Mr Lim Boon Heng. Writing in the July issue o( Petir, a PAP publication, Mr Lim pointed out that the public sometimes misunderstood489 words
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Page 2 Advertisements
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Advertisement35 1986-07-29 2 ORCHARD m /A %s r it' ORCHARD DEBT COLLECTIOH AGEHCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06, *****74 Name:. Position:. Address: Please send one of your representatives to meet me. Tel: L35 words
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Advertisement9 1986-07-29 2 Prompt pick-up and delivery 24 hours a day K9 words
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Page 3 Advertisements
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Advertisement384 1986-07-29 3 t 4 v •r> k I'** mm I r*r -w. V* 3 4K r* j --i m mm mi mm m 0 ig}':* 4 > i AJ S|M W--• t V? "J? Kpip|* 'MMi' i i Chinese trade gold from the 'Nanking Cargo' photograph courtesy of Christies. TRADE FINANCE. During384 words
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ASIA-PACIFIC
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Article, Illustration498 1986-07-29 4 Reuter AFP THAI POWER GROUPS began manoeuvring yesterday towards formation of a new government after the three top parties captured 62 per cent of the seats in Sunday's national ballot. The moderate Democrat Party took 100 of the 347 seats in Parliament,Reuter; AFP - 498 words
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144 1986-07-29 4 Reuter NEW ZEALAND'S Prime Minister David Lange yesterday said his country would not interfere with die cross-rate between its currency and the tailing Australian dollar. The NZ dollar was yesterday trading at 0.86 against the Australian dollar, which fell to a quotedReuter - 144 words
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208 1986-07-29 4 AFP INDONESIAN President Suharto has indicated that his government will soon introduce laws to protect intellectual property rights. Following a meeting with the Indonesian President in Jakarta, the US ambassador to Indonesia, Paul Wolfowitz, said Mr Suharto had given to him a message forAFP - 208 words
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450 1986-07-29 4 Reuter FALLING OIL PRICES will make it impossible (or China to reverse last year's U555.99 billion trade deficit with Japan this year in spite of efforts to cut Japanese imparts. But the deficit is likely to be halved, according to industryReuter - 450 words
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112 1986-07-29 4 Reuter INDUSTRIALISTS in Indonesia could be Jailed for 10 years if they failed to observe strict new anti-poihi-tion laws, the official Antara news agency said. It quoted Population and Environmental Minister Emil Sallm as announcing that factory owners must give officials data on the environmental impactReuter - 112 words
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168 1986-07-29 4 AP JAPAN Socialist Party chairman Masashi Ishibashi, taiHng "all responsibility" for his party's defeat in the July 6 general elections, yesterday announced that he would step down from the post he had held for three years. "I will make no excuses. (The electionAP - 168 words
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498 1986-07-29 4 AFP THE WARNING sirens are sounding in Hongkong's property market, where oversupply could badly hit the residential and hotel sectors in the next few years, analysts say. With more than a dozen new hotels due to open by 1989, the hotel industry is likely toAFP - 498 words
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201 1986-07-29 4 UPI US COMMERCE Secretary Malcolm Baldrige yesterday expressed concern over rising protectionism in Congress and called on Japanese leaders for swift resolution of key irritants in Japan-US trade relationsMr Baldrige, on the third day of a visit to Japan, made the remarks inUPI - 201 words
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Article894 1986-07-29 4 ARRIVALS Operator Some* number Local tiMM From SIA UA CAL GiA FT SV SIA SIA CAL SQ1 17 UA805 a 341 GA711I FT75 0005 0010 0155 0205 0314 0440 0550 0555 0645 KUL JFK/SFO/HKG TPE HLP DFW/IAH/ORD/ ANC/NRT/ MNL/TPE JED/PUH JED TPE TPE MAS MAS SIA MAS894 words
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Page 4 Advertisements
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Advertisement299 1986-07-29 4 THE 2ND INTERNATIONAL ASIA-PACIFIC PETROLEUM CONFERENCE 15-17 September 1986, Raffles City Convention Centre, Singapore "THE CHANGING SCENARIO IN THE PETROLEUM INDUSTRY" INTERNATIONAL ADVISORY PANEL Dr Fereidun Fesharaki Leader of Energy Program, East-West Centre Honolulu Mr T Ikuta President, Institute of Energy Economics, Tokyo Mr Onnic Marashian Editor-in-Chief, Piatt's Oilgram News,299 words
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Page 4 Miscellaneous
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Miscellaneous45 1986-07-29 4 Doonesbury rrf. n m EX Ci 1 Pa T*«rr AN AD EXEC. I MKB- BHATf THNKHBmrr H&MYBEGT TOYOJRCOUB&. FHENW...M/ HISNAH&IMB 60PI voute DOONBSBURf. THATMAfiOA! m «V£l (US k m BY GARRY TRUDEAU it m m I.' [230 ST SH i w Hi AT O ay45 words
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REST OF THE WORLD
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414 1986-07-29 5 Reuter A US$lOO BILLION development programme to be financed by compulsory loans by Brazilian consumers reflected serious stresses in the government's five-month battle against inflation, bankers and economists said. The four-year plan, announced last week by Brazilian President Jose Sarney, includes a compulsory 28 perReuter - 414 words
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Article, Illustration346 1986-07-29 5 AP IT WOULD BE "absolutely absurd" to break up the Commonwealth over the issue of tough economic sanctions against South Africa, British Prime Minister Margaret Thatcher said. In an interview published on Sunday, the Sunday Telegraph reported that Mrs Thatcher concededAP - 346 words
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349 1986-07-29 5 AP THIRD WORLD countries will need 70 million tonnes of food from abroad annually by the year 2000, a third more than in 1960, but it is unclear where they will find the money to buy it, a new study says.AP - 349 words
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176 1986-07-29 5 AP A HANDCUFFED MAN ate in a restaurant where a waitress cut up his meat, tried on shoes at a store with the help of a salesgirl and wandered through Lausanne, a Swiss city, for 3 Vi hours before someone turned him in,AP - 176 words
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280 1986-07-29 5 AP TONNES OF DONATED hay were loaded aboard trains on Sunday to be hauled to the south-eastern US, where drought and heat had wasted crops. Meanwhile, churchgoers prayed for rain to soak their fields and fill wells and dried-up reservoirs. "This will helpAP - 280 words
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503 1986-07-29 5 Reuter OPEC MINISTERS would have no chance of reaching unanimous agreement on new output quotas at their resumed conference in Geneva, oil analysts and Opec delegates said. About six of the 13 member countries are demanding priority treatment in any allocation of Opec's newlyReuter - 503 words
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Article, Illustration416 1986-07-29 5 AP MIDWAY THROUGH Expo 86, the (air's 25.3-metre Swiss watch keeps perfect time, holograms and lasers dance on command, a 64-million-year-old dinosaur skull grins and plenty of visitors are taking it all in. Expo officials say statistics are right on target for a successfulAP - 416 words
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222 1986-07-29 5 Reuter KREMLIN LEADER Mikhail Gorbachev said yesterday the Soviet Union would withdraw six regiments from Afghanistan before the end of the year. Speaking in the city of Vladivostok, he said three anti-air-craft regiments, two motorised rifle regiments and one armoured regiment wouldReuter - 222 words
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Page 5 Advertisements
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Advertisement48 1986-07-29 5 Wf t if N -J At(ft K-1 rCoi'iTßfc* if»i :i Mi >i mpha *cs gents' model by Jaeger-l,e ("oultre. Automatic movement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: CI.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd48 words
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Advertisement148 1986-07-29 5 V/l RVi I Strategies for oriented high technology ventures in Singapore Sponsored by Science Council of Singapore Presented by Edward Poahkus Organised by Applied Research Corporation in collaboration with Advfll Consultancy Hotel Westin Plaza, Singapore 28 29 August, 1986 9.oQwa 5.00 ptn each day Fee: Ss66o per participant, inclusive of148 words
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BANKING AND FINANCE
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335 1986-07-29 6 MBT MALAYSIA has successfully obtained a 30 billion yen (about M 5525 million) general purpose loan through an unusual arrangement with Japanese leasing companies which obtained the hinds from Japanese insurance companies. Banking sources said Citicorp, the giant US financial services group which wasMBT - 335 words
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177 1986-07-29 6 THE CHAIRMAN of United Overseas Bank, Mr Wee Cho Yaw, will hold a reception in Sydney today to mark the opening of UOB Australia. UOB Australia is the bank's wholly-owned merchant bank in Sydney. Mr Wee is chairman of the new Australian subsidiary,177 words
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213 1986-07-29 6 OVERSEAS Union Bank has joined the rest of the Big Four in their decision to reduce their prime lending rates, in line with easier interest rates in Singapore. OUB announced yesterday it would cut its prime the rate it lends to its most213 words
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279 1986-07-29 6 Reuter EGYPT TOOK A first step towards rationalising its exchange rate system, scrapping one of the four authorised rates at which its currency, the pound, is exchanged. Economy Minister Sultan Abu Ali said the government had abolished the "official-in-centive" rate of 0.83 poundsReuter - 279 words
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116 1986-07-29 6 AP BRITAIN has signed a new loan commitment of around US$B9O,OOO and extended a grant of US$3lO,OOO to finance feasibility studies for resettlement projects in Indonesia. Mr CI Santoso, secretary general of the Indonesian Transmigration Ministry said the World Bank has already committedAP - 116 words
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Article812 1986-07-29 6 Reuter SINGAPORE THE US dollar yesterday closed easier against most major currencies, except against sterling, in moderately active trading mainly on commercial selling by Japanese, Middle East and European interests, dealers said. The dollar fell to a late 156.80/90 yen from an early 157.90/158.00 and New York's FridayReuter - 812 words
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Article, Illustration310 1986-07-29 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading, dealers said. Short-dates eased 1/16 to 1/8 point at the outset due to lower US Fed funds rate but remained unchanged thereafter. Overnight closed at 6-1/2 6-3/8 and week fixed at 6-9/16 6-7/16. Fixed dates310 words
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Article225 1986-07-29 6 Interbank rates at 3pm yesterday: Local dollar* to currency: ■M OMar c nm parity cfco*. US dolor 2 1865 2 1875 2.8196 -22 45 Sterling pound ***** ***** ***** -56 27 Ausfrafcon dolor 1 3403 1 3475 ***** -6091 NZ dolor 1 1479 1 1528 3 4286 -66225 words
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Article417 1986-07-29 6 BA Futures EURODOLLAR future* yesterday opened lower than Friday's close and eased slightly in nervous trading ahead of further US economic releases, Mr Voleker's testimony before the House Banking Committee and the treasury's announcement of the quarterly refunding package later in the week. The September contract traded to S3J9BA Futures - 417 words
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Article221 1986-07-29 6 HONGKONG: GOLD yesterday closed higher on active shortcovering which was prompted by sharp falls in the US currency yesterday. It settled at U*****.80/349.20 an ounce against an initial U*****.20/60 as the dollar lost almost two pfennings to end at 2.1340/50 marks here. On the local market, gold finished HK$9221 words
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Article122 1986-07-29 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/4 per cent yesterday, unchnaged from Friday's close. The one-month term rate fell by 1/8 while the two- and three-month term rates fell by 1/16. S$ Interbank rotes at 7pm yesterday: 0 Overnight 4 1 -month 4122 words
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Page 6 Advertisements
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Advertisement907 1986-07-29 6 BANK OF INDIA (Constituted in India) BALANCE SHEET AS AT 31ST DECEMBER 1985 capital amnim PAID VP CAPITAL (wholly owned by the Central Government) RESERVE FUND k OTHER RESERVES DEPOSITS AND OTHER ACCOUNTS BORROWINGS FROM OTHER BANKING COMPANIES, AGENTS ETC BILLS PAYABLE BILLS FOR COLLECTION BEING BILLS RECEIVABLE as per907 words
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WORLD BACKGROUND
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Article, Illustration672 1986-07-29 7 UPI WITH ITS market-oriented economic reforms well under way, China is preparing to tackle what may be its most politically dangerous task of modernisation defining a new role for the powerful Chinese Communist Party. While few observers would suggest that BeijingUPI - 672 words
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1366 1986-07-29 7 NYT THE WORLD ECONOMY is suddenly displaying unexpected signs of weakness just when falling oil prices and low inflation appear set to strengthen recovery. The weakness reflects an unforeseen slowdown in the rate of economic expansion in the US, West Germany and Japan during theNYT - 1,366 words
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Article, Illustration849 1986-07-29 7 Recession likely to work against the Front, say analysts Malaysian Elect ions'B6 Reuter MALAYSIA'S ruling coalition goes to the polls this week to seek another five-year term against a backdrop of mounting political restlessness and a host of economic problems. A determined butReuter - 849 words
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Page 7 Advertisements
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Advertisement139 1986-07-29 7 Now, 320-1000 puts vou in touch with IBM. IBM has installed a new computerized switchboard, and in doing so, has changed its telephone number to 320-1000. The new Rolm CBX II telephone system with its numerous features will put you in touch with the person you want, fester. You can139 words
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FEATURES
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Article500 1986-07-29 8 IF ELECTIONS are dramatic affairs, the Justconcluded Thai general election was something of an exception. It was short on the rhetoric that in many Third World democracies manages to transform tmman actors into selfless, eternal embodiments of Causes. Hie polls passed off without too many demands500 words
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Article, Illustration1526 1986-07-29 8 JAIME LYE - Macau ha* five casinos going 24 hours a day. The kind of money they rake in could save many a Third World country in economic distress. As it is, the revenue from taxing the casinos goes towards developing the colony's infrastructure. JAIME LYE,1,526 words
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711 1986-07-29 8 SINGAPORE could well do with a casino, but only with a lot of restrictions. The advice came from Mr Stanley Ho, managing director of Sociedade De Turismo E Dlversoes De Macau (STDM), better known to many as Macau's casino king. His company holds the711 words
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Page 8 Advertisements
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Advertisement74 1986-07-29 8 M onagers ust anage BT shows you how every Monday. BT helps you increase productivity BT, Singapore's biggest business daily has a weekly page devoted to training and development to keep Singapore ahead in the economic race. Every Wednesday, BT brings news of the latest techniques and developments in training,74 words
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Page 8 Miscellaneous
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Miscellaneous737 1986-07-29 8 CRYPTIC PUZZLE ACROSS 3 Search playfully? (5) 8 Female learner under the sea (5) 10 Not wrong about Al being sharp! (5) 11 It's eaten, perhaps bolted (3) 12 Change early for the race (5) 13 Women who show desire in various ways (7) 15 Bring up in line with737 words
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SPORTS
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Article488 1986-07-29 9 WALTON MORAIS - By WALTON MORAIS FRESH FROM a lifting of the life ban on him, Abdul Karim takes the court for his first tournament in two years when the second leg of the Puma Circuit '86 tennis championships begins on Friday. The 22-year-old, who was slapped a488 words
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371 1986-07-29 9 UPI SPANIARD Emilio Sanchez upset top seed Mats Wilander 7-6 (7-5), 4-6, 6-4 to win the U*****,000 Swedish Tennis Open in Bastad on Sunday. Sanphw settled the thrilling match with an overhead smash which hit the net but dropped over, leaving theUPI - 371 words
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Article, Illustration392 1986-07-29 9 Reuter SEVERIANO BALLESTEROS's brilliant career turned full circle on Sunday as he won the Dutch Open Golf Championship by a runaway eight strokes. That was the margin by which Ballesteros won the first of his 48 major titles around the worldReuter - 392 words
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521 1986-07-29 9 UPI BRAZILIAN Nelson Piquet scored his second victory of the season and revived his world championship chances as he held off compatriot Ayrton Senna to win the West German Formula One Grand Prix on Sunday. Piquet, finishing the 44-lap in one hourUPI - 521 words
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Article, Illustration595 1986-07-29 9 World decathlon record holder in centre of controversy AP STEEPLECHASER Graeme Fell and sprinter Ben Johnson led Canada to four gold medals in track and field at the Commonwealth Games in Edinburgh on Sunday, while world decathlon record holder Daley Thompson became theAP; Reuter - 595 words
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Page 9 Miscellaneous
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Miscellaneous1120 1986-07-29 9 TO QGID QaiD#D v r- THE WORLD CHALLENGE OH Over Troubled Waters tpm, Channel 12 When Opec members met in Taif, Saudi Arabia, in 1980, they discussed using their immense financial resources to help Third World nations become industrialised. In this first programme of a series, host Peter Ustinov (left),1,120 words
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Miscellaneous64 1986-07-29 9 Play gol£ the Sevvy way BEU3W/S THE TYHCAL THE KtHKtH THE LOWE* SACK FO*C*H* THE EHP to p*aruo£ *i 1 V WfTH THE OOAAMCT POSTURE THE STOMACH SNOULP BE PUUEP *4 AH0the lowe* back tmtHmr /T tS EASY TO FALL tHTO BAPHAB&S CHECK HOW YOU STANO TO THE BALL \/N64 words
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COMPANY NEWS
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Article, Illustration805 1986-07-29 10 Purchase of KFC will give it second place in US fast-food business NYT PEPSICO INC, long the No 2 player in the soft drink business, has vaulted into the No 2 position in the fiercely contested fast-food industry as well, after itsNYT - 805 words
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536 1986-07-29 10 FT SAUL STEINBERG, an American financial wizard who at the age of 46 already has 25 years of stock market wheeling and dealing behind him, looks set to pull off another coup. Only four years after buying out the publicFT - 536 words
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366 1986-07-29 10 Reuter SAFEWAY STORES, the largest US retail grocery chain, which also has stores in Britain, Australia and Canada, has agreed to a management-led buyout to head off a hostile takeover offer. The company, which had U5519.65 billion in sales last year, said it had enteredReuter - 366 words
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Page 10 Advertisements
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Advertisement127 1986-07-29 10 c ii Wffitz id wtm. tfiae aM satertaia KIW Jp wkm Enjoy thejiatuml goodness of fresh fruit juices?so cool and refreshing. With a selection of beef, seafood and sausage it a wholesome meal ging for. rwmmwm r C Y- y n MAGICALLY HYATT Ws/ 1 1 1!?! When guests order127 words
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Advertisement174 1986-07-29 10 Ptpsieo bracks into Indian market, P«g« 15 \L. m Mon afternoon delights now at the Mezzanine lounge High tea buffet 3.00 pm to 6.00 pm daily. Indulge in rich cakes, finger sandwiches and much more: Price: $8.50 per person. Fashion shows 5.30 pm every Tuesday and k Thursday. Models parade174 words
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Advertisement52 1986-07-29 10 1. Over 23 items, including soup of the day, beef, pork, chicken, mutton, seafood, salads, deserts etc 2. BBQ at the comfort of your own table. 3. There is no Omit-to how much you can eat 4. Adult $9, Child S5, Lttncb (12pm-l3opm) Adult $12, Child S7, Dinner (7pm 9JO52 words
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Advertisement101 1986-07-29 10 w. is Lh/e Entertainment Daily From 5.00pm FURAMA SINGAPORE HOTEL 10 Eu long sen street Singapore 0105 Tel: 533 3888 TIEN COURT For a whole new Sichuan experience! w k. 4C** > Tien Court presents a feast of spicy Sichuan dishes prepared exclusively for you through the exceptional skills of101 words
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Advertisement186 1986-07-29 10 Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat bfor the family. Weekday fore (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person). Two splendid menus for busy executives186 words
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ASIAN STOCKS
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Article380 1986-07-29 11 HONGKONG: Stocks closed higher but late profit-taking by small investors trimmed gains yesterday, brokers said. The Hang Seng Index closed 3.72 higher at 1,847.29 after being up 10 at the end of the morning session. The Hongkong Index rose 3.12 to 1,154.68. Turnover feD to HK1498.96 million from 1653.12380 words
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Article206 1986-07-29 11 JULY a AM Sincm ktdus WT» 2.26 24.50 +0 2 Kuochan D«v Lm Chang Yuan Cham Indus 22.90 33.50 12.85 -0.6 +0.6 unch 31 go 0 2 38 60 0.2 Chang Ww Dank 45.00 26 40 ♦0.2 -04 Not trwastmant 384.20 -1.3 ChnHUn CmvmX Chin HMn Rour 25 10206 words
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Article335 1986-07-29 11 TOKYO: Prices closed firmer on buying yesterday focusing on large capital issues and public spend-ing-linked shares in moderate trading marking July settlement day, dealers said. The market average rose 40.65 to 18,038.94 after dropping 52.30 last Saturday. Turnover was 750 million shares against 500 million in half-day trading last335 words
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Article70 1986-07-29 11 JULY 3S hw MantMl Orwrrtai B 0012 -0 002 Acom Mining PM OvariM* 0.014 -0 003 Phi 0.0012 inch PMax B 0.2350 -0 01 Apm Mining, B Ptcop B PLOT 146 +3 Gold 0001 unch San Miguai B 60 1 0.004 -***** 0 009 Banguat Con. B 80 unch70 words
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Article408 1986-07-29 11 SYDNEY: Australian share markets closed sharply weaker yesterday, brought down by selling pressure on quality industrial stocks generated by the falling dollar, brokers said. At the close of trading, the All Ordinaries Index was 24.1 points easier at 1,094.7, the Industrial Index 41.4 weaker at 1,742.0 and the All408 words
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Article93 1986-07-29 11 JULY IB Wm 1200 31 2190 100 18 40 95 -22 20 ♦60 ♦20 52 Kafcm tad 2190 40 Doolm bid Doawoo Corp Doawoo Hoovy Dong Ah Phsr Dong Sl#i Stock Dongbu S*mI 680 1595 196* 890 ISM 1735 TOO Korao Lang T«m Lucky Ltd Oriantal 8w> Sanauig EWc93 words
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Article139 1986-07-29 11 Reuter BANGKOK: The Securities Exchange of Thailand Index improved 0.74 to 142.02 yesterday. Turnover amounted to 510,604 shares valued at 114.3 million baht. mm Y M S**" 381 42 JULY 2S Mt> QiiMni Mp Ao Khan Thai Swm Qte»n» AmFkr. 145 +1 Ayudbya hwtllHnnl.« 155 +5 ba< Bangkok Agro-kidReuter - 139 words
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Article49 1986-07-29 11 Reuter TOYOTA MOTOR Corp is studying the possibility of resuming car assembly operations in the Philippines. A company spokesman said Toyota ended technological assistance and agency contracts with its Philippine sales agent, Delta Motor Corp, in March 1984 due to political and economic unrest. ReuterReuter - 49 words
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449 1986-07-29 11 Shares sold in major cities 'as an experiment' UPI CHINA, moving s step closer to setting op a stock market, is establishing regional centres to handle the sale of stocks and bonds, the official China Daily newspaper has said. In aUPI - 449 words
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162 1986-07-29 11 Bernama-PNA THE PHILIPPINE Communications Satellite Corp (Philcomsat) is planning to aril a block of shares to the pubUc. A company official yesterday said that Philcomsat has begun inquiring on legal requirements before selling shares of its stocks to the pubUc. He said that theBernama-PNA - 162 words
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Page 11 Advertisements
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Advertisement657 1986-07-29 11 li WHiere id wise, dine aad entertain Start of A New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine is only657 words
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Advertisement69 1986-07-29 11 Frisco is the perfect choice for your business or informal lunches mm A PmaIMI MlUk < t. oupmo wn oar unootruirwe yet impeccable icmec, job may be mured of t mly Drop in for hincfa this afternoon and eqfogr a glaa of ocdltnl red/white wine an the home (for tkt69 words
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RAW MATERIALS
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309 1986-07-29 12 Reuter INDONESIAN coffee traders will stop marketing exports individually tad channel sates through special marketing groups, a ■pnkasmsn for the Association of Coffee Exporters, Aeki, said yestoday. It said in a statement that Indonesia's 324 licensed traders had agreed to reduce competitionReuter - 309 words
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Article794 1986-07-29 12 COFFEE ROBUSTA COFFEE futures were thinly traded up to the recess yesterday with contracts steady around midmorning lows, down £18 to £8 a tonne. Light long liquidation saw futures tevetse an initial small advance, but the lack of fresh fundamental news is providing little clear direction. The market794 words
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Article66 1986-07-29 12 Bangkok (USS/twwM, FOt) White Rice 100% 1st doss 255 100% 2nd class 220 100% 3rd class 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rice A-l Super 120 A-) Sp«oal 117 C-l Special unq C-l Ord urtq Loonzom Rice 100% 1st grade unq66 words
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Article277 1986-07-29 12 Reuter SINGAPORE THE MARKET yesterday closed quietly steady with August One RSS buyers quoted at 177.00 cents per kilo, unchanged from last Friday, dealers said. Trading in the TSR 20 market was very quiet throughout the day with prices little changed due to lack of interest. TSR 20 SeptemberReuter - 277 words
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Article204 1986-07-29 12 MALAYSIAN crude palm oil prices yesterday closed slightly firmer on covering interest in line with the recovery in palm oil futures. Trading was thin however as operators awaited further developments before taking on fresh positions, dealers said. A firmer Chicago soyoil futures close last week supported prices, they204 words
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Article139 1986-07-29 12 univmf rroai Eichmgt tern Robusta 20/25% FOB NSW 475.00 StNtrs' noon doiMQ pi My 28 (S$/I00 kg). Coconut oil Bulc FOB Old drum FOB New drum FOB ric*s on 46.00 59 00 63.00 Nutmeg 110 FOB NSW BWP FOB NSW Gombier FOB NSW 1355.00 1256.00 330.00 Copra Mixed139 words
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Article91 1986-07-29 12 Reuter THE KUALA LUMPUR Tla Market, KLTM, price yesterday eleeed IS eeate lever bw Friday, at MH4.14 per Idle, la qaiet tnuHag, They attrlhated the fall te lack «I baytag at the higher level. Sterated te the fall aa hayere tmei te the Eaiepeaa spat market (er cheaperReuter - 91 words
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Article273 1986-07-29 12 RAS prices m S cwttAg, F08 k NOON CLOSC Int 1 RSS Prompt 178.25 179.25N 177.75 178.75N Int 1 RSS Aug 86 177.50 178.00 177.00 177.50 Int 1 RSS Scot 86 178.00 178.50 177.50 178.00 Int 2 RSS 0> 173.50 175.50N 173.00 175.00N Int 3 RSS O273 words
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Article83 1986-07-29 12 (cants/kg, 1-tw pa M AUG 96 SCFT 86 \cuvtwvt mowm; NOON \VUV wUfii mofim; NOON RAS Bwyw Stflan Sg||f| SSR 20 ***** 163.00N 161.50 163 SON SSR SO 156.00 I60.00N 158.50 160. SON MRELB Ufn Solars SMR CV 240.50 242 50N 241.50 243. SON SMR L 240.5083 words
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Page 12 Advertisements
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Advertisement644 1986-07-29 12 Lloyds Bank results J If SI TT>v Lloyds Bank Group Consolidated Profit and Loss Account for the year ended 31 December 1985 year 1985 million 1984 million Group Profit Interest income Interest expense Net interest income Other operating income Total income Provisions for bad and doubtful debts Specific General Total644 words
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SHARE INFORMATION
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Article, Illustration3932 1986-07-29 13 ACTIVE BIDDING and wide swinga among lowerpriced trustee stocks helped to liven up a quiet day at the stock market yesterday. Malaysian shares were comparatively quieter, but marked one to two bids lower. At the close, the Straits Times Industrial Index gained SA3,932 words
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Article218 1986-07-29 13 SINGAPORE Rises SPN 790 OH Map 132 Strain 278 «MM 39® Spar* la 360 Mp 424 MM baa 380 THS 229 Maa MHB 96 U TW >5 4-11 ♦9 ♦8 ♦8 ♦4 ♦4 +6 5* ♦5 5 5 -8* -8 -8 -5 -4* II 9TCii»nin •TOO/OS ST218 words
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Article2205 1986-07-29 13 SECTION ONE INDUSTRIAL COMMtIQAL Aono (1.346 1.355) (4) 1.32 (28) 1.31 (5) 1.32 (11) 1.33(8) 1.34 Alcorn (0.536 0 58S) (IS 0.55 Am! Stool 50c (0.90*48 0 91S) (39) 0.90 (8) 0.90*4 (71) 0.90 (56) 0.90* AT 22* (1.838) Iwliri 50« (0.998 1.005) (9) 12,205 words
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Page 13 Advertisements
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Advertisement9 1986-07-29 13 mm Keep your investment decisions on target I ■.fawifc-v#9 words
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Advertisement8 1986-07-29 13 KL market report, Business done on the KLSE,8 words
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COMPANY NEWS
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Article, Illustration699 1986-07-29 14 CHAN OI CHEE - By CHAN OI CHEE QAF LTD, the aggressive foodbased group which initiated a reverse takeover of Ben it Co Ltd in 1984, is restructuring part of its substantial bank borrowings to term loans. But this is not stopping the group from contemplating more699 words
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Article473 1986-07-29 14 SHARE PRICES retreated across the board in quiet trading at the Kuala Lumpur stock market yesterday as investors remained apprehensive prior to the coming general elections. Most stocks eased a lew cents hut several situational stocks dropped sharply amid fresh selling pressure. Singapore stocks,473 words
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Article102 1986-07-29 14 HONGKONG Hongkong Index Monday 1154.68 Friday 1151.56 Wnk ago 1110.33 Hong Song Indox Monday 1847.29 Friday 1843.57 Week ago 1777.73 All Industrials Monday 1742.0 Friday 1783.4 Week ago 1805.4 NEW YORK Dow Jonos Friday 1810.04 Thursday 1791.62 Week ago 1777.98 TOKYO Nikkoi Avoroge Monday *****.94 Saturday *****.29 Week102 words
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Article688 1986-07-29 14 Currant Ci dote Books close Date peyoble Total for Hie yeor Total for lost yeor Acme 4%TE(b) Jun 19 Jun 26 Jul 30 4%TE 5% Alex Hldgs 5% Sep 5 Sep 12 Sep 26 5% 6% B Swibawang 30%(j) Jul 24 Jul 31 Aug 22 30%(j) 20% Botu688 words
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658 1986-07-29 14 RAMESH CHANDIRAMANI - KU iMLB By RAMESH CHANDIRAMANI SHARES of plantation companies, which hitherto have lagged the stockmarket rally, now appear to offer the bestvalue sector for re-investment in Malaysia, says London stockbroker Kleinwort Grieveson A Co. In a July 17 report, the UK658 words
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313 1986-07-29 14 PEGI MALAYSIA is likely to dispose of its 10.71 million shares in British-based BTR PLC, one of the largest and fastest growing industrial companies in the UK. Kuala Lumpur-based stockbroker Charles Bradburoe in its latest market report, Stocktrend, indicated that the disposal313 words
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Article1623 1986-07-29 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchan«e yesterday, with the number of shares traded shown In brackets In lots of MM) units unless otherwise specified. MDUSTWUS Aon (1556) AjMOMOtO Alcoa (658 675) (3) 67 07)1,623 words
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Article269 1986-07-29 14 Monooers' prices for July 29 MARA-Bum First B'putro Second B'putro liputrs 4 36 4 41 Singapore Unit Trust 4.09 4.14 The Commerce 0 87 0 88 The Sowigs Fund 0.74 0 80 S'pore Prog Fund 0 34 0 37 S'pore Sec Fund 0 59 0 64 S'pore Invest269 words
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Article114 1986-07-29 14 GENERAL CORPORATION Bwtaad: 17th AGM at Bunga Kenanga Level 3, Paa Pacific Hotel, Jalan Putra, Kuala Lumpur, tonanwr at lOJOam. RARRBONS MALAY81AN PLANTATIONS Berfcad: 10th AGM at The Theatrette, Ground Floor, Bangunan MIDF, Jalan Tun Razak, ***** Kuala Lumpur, on Wednesday, August I, at lLJOam. PHASER NEAVE Limited:114 words
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416 1986-07-29 15 REMISIERS from stockbroking firm E G Tan have (ailed in their attempt to recover their depoaits placed with the firm. A High Court Judge last Thursday ruled against the remisiers' petition to recover their deposits totalling $1.78 million. The Judgement is expected to have416 words
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277 1986-07-29 15 FAR EAST-LEVINGSTON Shipbuilding has been awarded a US$22 million contract by New York City to build four new liquid sludge disposal barges. FELS, a major subsidiary of Keppel Corporation, beat eight other bidders for the Job. At least one bid for the277 words
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Article724 1986-07-29 15 HOMER CHEN - Agreement with brokers on forward contract awaits signature By HOMER CHEN POLITICIAN and businessman Tan Koon Swan has reached a verbal agreement with Singapore brokerage firms regarding his forward contracts in Supreme Corp and Grand United Holdings. But aa of last night, the stockbrokers had724 words
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Article, Illustration626 1986-07-29 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN INCHCAPE BHD has finalised {dans to restructure its interest hi a group of Malaysian trading companies currently wholly held by its subsidiary Kumpulan Inchcape Sdn Bhd (KISB). If successful, the proposed scheme will reduce Inchcape Bhd's stake in the626 words
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Article251 1986-07-29 15 AFP THE US PEPSICO Inc is to sign an agreement with India's Tata group to produce the popular soft drink Pepsi-Cola in the northern state of Punjab. The agreement has received the approval of the Punjab government and only awaits the go-ahead from the centralAFP - 251 words
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Article406 1986-07-29 15 LAST FULL YEAR Company Period Dote Year Net EPS Gross Net announced lost year ending (cents) drv profit (S r 000) S J Amol Interim Dec 19 Mar 86 73 520 Roxy Elect Final Jan 18 Dec 85 14.7 8 3 2.762 H Leong Credit Interim Mar 14406 words
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LATEST RESULTS
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Article82 1986-07-29 15 Group af- ter-tax profit of M 53.37 million or 6.2 cents a share on turnover of $19.41 million for the year to end-March 1966 compared with |7.03 million or 12.9 cents on turnover of 134.97 million previously. The board proposes to defer for two years the payment of82 words
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Article33 1986-07-29 15 KAMPONG LAN JUT TIN Drvriglas BM said that for the purpoae of payment of the »nal dividend, its books would close on Sep 4 and not Sep 5 as stated earlier.33 words
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Page 14 Advertisements
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Advertisement68 1986-07-29 14 BUSINESS OPPORTUNITY Skincare, cosmetics and health food business based in Singapore with strong profit potential available for sale as a going concern. Development and promotion work already laid and business currently is bringing in profits. Only one of its kind in the region with prospects for expansion. Owner migrating. Interested68 words
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Advertisement59 1986-07-29 14 Totlw U* Di ton of Itw floating CillHculn of Dq THE DAI-ICHI KANGYO BANK LIMITED 16, RcrfllM Quay *0443; SngaponOKM We hereby certify that the rate of Interest payable on the above mentioned Certificates of Deposit for the Interest Period beginning on 29th July, 1966 and ending on 28th January,59 words
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Page 15 Advertisements
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Advertisement493 1986-07-29 15 NOTICES 3E32S ~r,JT If > l\| m Hi PTE LTD (la VIMHJ At an Extraordinary General Meeting of the members of HIAP TONO ENGINEERING PTE LTD duly convened and held at 149, Rangoon Road, Singapore 0621 on the 25th July 1966, the following Special Resolutions were duly passed: 1) "That493 words
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Advertisement250 1986-07-29 15 THE COMPANIES ACT, CAP. US DAN LAUT PTE LTD (h Mwtm' Vd-tery UrifcilM) At an extraordinary general meeting of the company held at 16 Raffles Quay #35-03 A Hong Leong Building, Singapore 0104, on 21st July, 1966 the following special resolutions were passed:(A) That the Company be wound-up voluntarily pursuant250 words
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Advertisement167 1986-07-29 15 Make it your Business to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its MEW form, it makes it possible to stay in167 words
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Article, Illustration383 1986-07-29 16 GOH YEE LING - By GOH YEE LING A GENERAL MANAGER has been named (or SBC Enterprises, the private company formed by Singapore Broadcasting Corporation to run its commercial operations. He is Mr Lim Eng Hai, the current assistant general manager (operations) and director (production services). Most of383 words
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Article, Illustration591 1986-07-29 16 JEFFREY TSANG - By JEFFREY TSANG FRASER A NEAVE and aseociate company Malayan Breweries Ltd will inject an extra $40 million into their factory complex in Juroog, bringing the total investment to $200 million. At the ground-breaking ceremony yesterday, FAN chairman Michael Fun said the added investment591 words
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210 1986-07-29 16 flowed freely. IT OOULD HAVE been mistaken for a somewhat ecaleikdown National Day Parade held a fortnight early, or even an outdoor Brier* fair, with the futuristic silver trees, fountains and radiocontrolled pile driver. But for three hoars yesterday, the– flowed freely. - 210 words
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246 1986-07-29 16 SOFT DRINKS manufacturer Fk-aser A Neave intends to go into the open market to buy sugar for Its own production requirements. According to Its chairman, Mr Michael Fam, It pinas to do this when the Sugar Industries of Singapore's contract with Australia expires246 words
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Article88 1986-07-29 16 Reuter COMEX GOLD future» yesterday gained up to US$7.OO an fol-low-through buying in early trading foam a sharply higher London maffcet Gold for delivery in August made an early high of US$3».2O an ounce in a clear penetration of Friday's peak level of US$BO.4O. Gomez «OverReuter - 88 words
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Article60 1986-07-29 16 Reuter THE WALL STREET stock market yesterday edged lower in early trading, but managed to find technical support just above the MOO level. The Dow Jones Industrial Avenge was down two to IM, versus the low of IML Declines led gains five-four on a volume of 16.5Reuter - 60 words
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416 1986-07-29 16 THE REAL political questions facing Singapore were not a choice between freedom and oppression but the more difficult question of striking a balance between liberty and control, Foreign Affairs Minister S Dhanabalan said last night. Addressing students of the Nanyang Technological416 words
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Article, Illustration352 1986-07-29 16 CHUANG PECK MING - By CHUANG PECK MING NET PROFIT more than doubled for NTUC Fair Price in the year ended March 31, 1986 thanks mostly to cost savings and cheaper rents. After writing off more than $1.5 million for the failure of its Big Splash Recreational Complex, the cooperative352 words
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183 1986-07-29 16 Reuter EGYPTIAN President Hosni Mubarak has been quoted as saying be would not accept conditions set by the International Monetary Fund for relieving Egypt's economic crisis because they would cause domestic unrest. In an interview with the West German Weekly DerReuter - 183 words
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218 1986-07-29 16 UPI AFP THE PHILIPPINE Defence Minister and the military chief led the armed forces yesterday in pledging allegiance to the interim "freedom constitution" in mass rites aimed at dispelling doubts about the military's loyalty to President Corazon Aquino. Unprecedented oathtaking rites were held simultaneously atUPI; AFP - 218 words
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LATE FILE
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Article56 1986-07-29 16 AP TEXAS EASTERN, a contractor with Fertamina, the Indonesian state-owned oil corporation, has struck ofl at a well with a capacity of MOO barrels a day off Bawean Mind, in east Java. The well is located U km than ■Mrtur well wlieh is orodoctng MOOAP - 56 words
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37 1986-07-29 16 AFP INDONESIAN Foreign Mala yesterday deplored a statement by Portuguese President Mario Soares criticising Jakarta for its "continned occupation" of ssst Timor, saying that Portugal had acted "riuunefully" in its farmer colony. AFPAFP - 37 words
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Article53 1986-07-29 16 AFP CHINA hns stepped op alr port checks aid Unproved poto tratadag In a bid to RUJickiofi or tef lut 1 eks m Us aircraft or ofrperfeOdan hnsnot hnd a •f Ms elanasHtafecetfB3, when 4k CHmm <B veiled a Trident with 10 people on hoardAFP - 53 words
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Article49 1986-07-29 16 AFP PRESIDENT Goran Aquiao, saying that supporters of Mr Ferdinand Marcos had gone too tar, yesterday ordered the immediate arrest of people suspected of involvement in the fatal smiling of one of her followers. "The limits of benevolent government have bees reached,** she said. AFPAFP - 49 words
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Article55 1986-07-29 16 Reuter LIBYAN leader Mm»""Gaddafi has branded King Haana of Morocco a traitor to the Arab cause and restated Msfaefisfthat the Palestinian problem could only be resolved through armed struggle. He was commenting on the King's meeting ...IIL f, II ,lt n,il,u m IFImImI mm wiui IsraeliReuter - 55 words
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29 1986-07-29 16 AFP KIM HYUNG-BAE, a ranking Sooth Korean official dtsmtand after taking part in an antt-govraneot demonstration, yesterday acused the administration of "violating baric human rights".AFP - 29 words
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Article52 1986-07-29 16 Reuter EDUARD UNTNER, a senior official in Chancellor Helmut Kohl's Christian Democratic Party, aaid yesterday that Bona should consider economic measures iptMt East Germany if it faito to halt a flood of Third World refugees into the West. His proposals were swmiy rejected oy me aconomicsReuter - 52 words
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Page 16 Advertisements
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Advertisement141 1986-07-29 16 Big plans for Computer Charting Service for Local Stock Market Analysis Join the major brokerage firms, banks and diversified institutions is subscribing to the most advanced Computer Qndmg Semce for investment analysis and decßMt-making. CHARTAMATIC a a jndwpcuaNr software tool for conducting technical analysis to support hndamental (fata researdi. •Pom!141 words
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Advertisement8 1986-07-29 16 Egypt acta to simplify its txchinQC rates, Psgs8 words
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Advertisement28 1986-07-29 16 NATIONAL UNIVERSITY OF SINGAPORE presents Public Lecture by PROFESSOR ALAN E HEIMERT Lee Kuan Yew Distinguished Visitor For enquiries please call: *****03,*****22,*****39. ALL ARE WELCOME Admission ts free28 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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131 1986-07-29 17 SHIPPERS trading through US Atlantic and Gulf ports have been told by the leading dockfront union that they need not fear any disruption as the Sept 90 deadline for a new three-year labour contract l/VTTV International Longshoremen's Association president, Mr Thomas131 words
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465 1986-07-29 17 G DURAIRAJ - Shorter free period may take effect in September By G DURAIRAJ FREE STORAGE period for containers at Port Kelang container terminal is expected to be reduced from seven to five days in September. A proposal on the reduction has been submitted465 words
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273 1986-07-29 17 Reuter, AFP TANKERS' draughts which exceed 42.5 metres would have to pay a 6 per cent surcharge per additional Inch or fraction of an inch (or transiting the Suez Canal, Suez Authority chairman Ezzat Add said. The state-owned AlGomhouria newspaper quotedReuter,; AFP - 273 words
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189 1986-07-29 17 Reuter POLICE SAID they would not prosecute the New Zealand pilot of a Soviet cruise liner that sank in New Zealand waters earlier year. They said the decision was taken because of the high cost of further inquiries and prosecutingReuter - 189 words
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PORTSIDES
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Article92 1986-07-29 17 CONTINENTAL Lines NV of Belgium has appointed Pesaka Jardine Shipping Agencies as general agents for Conti Far East Line in Peninsular Malaysia from July 1, 1906. Conti Far East TJnp operates a monthly conventional service from Europe to South-east Asia and Far East including92 words
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Article1167 1986-07-29 18 LOWER rates for US GulfJapan grain and Mauriti-us-UK sugar were the main features of otherwise dull chartering on Friday on the London shipping freights market. Although still without full confirmation, it was reported that the bulk carrier Bon trader had accepted the sfrcents lower rate of US$7.4O (fio)1,167 words
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Article, Illustration865 1986-07-29 18 THE NEWLY appointed chairman of Thai Maritime Navigation Corporation has been assigned a lofty task to turn the financially-troubled company around. But this Mr Virachai Vannukul believed he could achieve in three to five years. "By God I swear I will do it,"865 words
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567 1986-07-29 18 IF WORD REACHES Jakarta at all, it is usually days late and incomplete: another ship has sunk in this archipelago of 13,077 Junus E Habibe, Director General of Sea Communications of Indonesia, said there were more than567 words
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288 1986-07-29 18 SPA SAUDI ARABIA'S ports have witnosed big developments in past few years as more than 30 million tons of goods arrived in the Kingdom via its ports in 1985. Cloge to four million heads of livestocks also arrived in the Kingdom viaSPA - 288 words
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153 1986-07-29 18 AP RESEARCHERS WHO explored the Vtmnir in its grave 4 kms below the ocean surface are heading home with a treasure-trove of pictures and videotapes from inside the vessel. The scientists, led by Robert Ballard, returned to the Woods Hole OceanographicAP - 153 words
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Article678 1986-07-29 18 ABShpg V 5 Accord Shpg VI 3 Afeo Lin* VI 3 Anro Service IV 2/3 ANL I 1/2 APC Line V 4 APL M 2/3 ASCL i 1 Boh-Conoda Line VI 4/5 Bait-Orient Line VI 4/5 Bank Line V 5 BBS 1 4/5 Ben Line Cont V678 words
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Article176 1986-07-29 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" UM Korean Shipping Corporation Neptune Orient lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Un» Australia/Straits Container Line176 words
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372 1986-07-29 19 Lloyd's List SYRIAN BUYERS have taken out options to purchase some US$4O million worth of medium-sized tankers, according to market sources. The spending spree has come to light at a time of considerable rumour that Soviet interests are ready to invest newLloyd's List - 372 words
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344 1986-07-29 19 Reuter THE SIX ARAB countries in the Gulf Coordination Council (GCC) plan a sophisticated alert network to protect navigation in the Gulf, the Kuwaiti Defence Minister, shrtkh Salem A 1 Sab&h, said. The six Saudi Arabia, Kuwait, Bahrain, the United ArabReuter - 344 words
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221 1986-07-29 19 A NEW COLD store in Iraq the largest in the country and the first to be built to Lloyd's Register class is now in operation. With a total capacity of nearly 60,000 cu metre, the new deep tree» store can take in almost221 words
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63 1986-07-29 19 Fairplay DET NORSKE Veritas is to reduce its present personnel of 3,100 by 400 to 900 as a result of a steep fall in oil prices. During the first four months of this year the Norwegian classification society recorded a loss of US$4 millionFairplay - 63 words
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Article254 1986-07-29 19 AFP PERSISTENT confusion about the future direction of oil prices ahead of the meeting of the Organisation of Petroleum Exporting Countries (Opec) in Geneva continued to prompt caution among operators in their consideration of crude and vessel needs this week. Larger tonnage available in the Gulf states areaAFP - 254 words
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227 1986-07-29 19 Reuter PORTUGAL and West Germany signed an agreement for a 1.9 bUUonmark project to build three frigates at West German shipyards for Portugal's Navy, Portuguese and West Gorman Seven other North At-, lantic Treaty Organisation nations will help equip theReuter - 227 words
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7345 1986-07-29 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.7,345 words
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Article738 1986-07-29 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location HK Cont 506 29.7.86 1600 Jardine Fl *****800 W5 Ned Deift 246 29.7.86 1700 Ned-EAC F7 0800-0900/0700-0800 P2/S2 Pegasus P 439N 29.7.86 2000 Straits Shpg738 words
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Article1672 1986-07-29 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—■ A Top Immrprmm Pt* Ltd Sam* (S) At Slapping Bousttod Shpg Ag*nci*s Atw Law Atncan Shpg Agencws (S) Ala—ki*l Liner —Km Shpg (S) AMr*d C Tint» Octonut StvpngAgov Cits (S) Mufaport Sdn Bhd (PK)1,672 words
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Article565 1986-07-29 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Al Royyon Bo Dinh J«nion Lara Malory Lykes Rajah Brook* Silver Star E'tem Glory Gambtla Good Faith fcoguri Meiamplm Nic Pearl Star Vam Co 24 KIO KI9 K22 K18 K12 K25W K32 K28 K2I K9 KI6 K17565 words
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Page 17 Advertisements
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Advertisement499 1986-07-29 17 a» j tr M- 11.» THE HEART OF THE I IP' t f IPM SIB, 18/8 19/8 21/8 23/8 25/1 24/8 25/1 28/8 27/1 30/8 31/1 2/9 1/9 2/9 3/9 4/9 1/9 9/9 9/i 10/ a i 3/« u/a li/a 15/9 11/9 17/9 29/9 21/9 23/9 (S'ptrt): Fa 31/7 MM499 words
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Advertisement60 1986-07-29 17 mm THE NEWLY appointed chairman of Thai Maritime Navigation Corporation has boon assigned a lofty task to turn tha financiallytroubled company around. Pago N SYRIAN BUYERS hove token out options to purchase some US$4O million worth of medi-um-sized tankers. Page ill Index to advertisers N Shipping schedules VM London freights60 words
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Advertisement632 1986-07-29 17 BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Ltd. TEL: *****33 MAERSK LINE JJi i i i SINGAPORE/, mi; M.i EAST. WEST AFMCA A ■ml Vey I Spore sa aa 3va ia v» ,«a sa 11/1 M/l 17/1 21/1 Ma632 words
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Page 18 Advertisements
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Advertisement279 1986-07-29 18 ra mrm cTT"-1 lAM FTTMI BTTjirnin i.i iUir7MP7Ji» f iMl IFTM rYll 11i..-LLM K7TM FTM FTM EgM B I I ■EnHHßill' irrMmmil TTTTM WWJT. nv rrm z!T" r™r™.TTT rdmn ms7r«n lx! ,JLTTTT MIDDLE EAST Full Container Service (A member of Oasis Consortium) vv J7f t ,7 cn* PAN ASIA LINK279 words
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Advertisement81 1986-07-29 18 ll Supercarrier Service aTi (it/9 la/9 15/ i I z/u I vii |m/m Gearbulk From NEW ZEALAMO To NEW ZEALAND NEW ZEALAND SERVICE MM |0d 23 |0d |0d a mi W/L CONTAINER SERVICE AGENTS BARBER WILHELMSEN AGENCIES PTE LTD. SMCAfORE *****77 OUTWARD FIT ENQIMES/BK6S *****50 OBTOND SERVICE *****20 Harrisons t81 words
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Page 19 Advertisements
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Advertisement553 1986-07-29 19 Mansfield Container Shipping Pte Ltd The Straits Steamship Group STRAITS SHPPMG Brunei Ports and Bangkok b ftri-M M 0142 If •Mike Ml* LTD. BANGKOK TEL: *****80 MM MOB 111 Mora. M hM 29 M SUMS ami VM Mm. H 19-31 M 01 km 03 mm m hdw 30 mi a*553 words
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Advertisement524 1986-07-29 19 Franco Belgian Services MFMBER OF ACf CONSOR (UM 1.1 CHARGEURS HAVRAISE MFB CLUB MF WBt H; /fLKV n M 11 M 12 M M MM 22 M M MM St M Ml I Ml "M CHA RGEURS REUNIS f.* rnm IM Optorg Shipping \Pte. Ltd E L M A va524 words
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Page 20 Advertisements
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Advertisement164 1986-07-29 20 I 111 Hapag-Lloyd FROM N. CONIININT *UK IMPORTS M.BM INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY FROM PT. KELANG SINGAPORE FCL and LCL EUROPE/UK HONG KONG BA Singapore BIRKART SEA Pi Kelanq BIRK ART SDN BHD < LLOYD BRASILERO (■UUftIW MTOHL UK) sis bo a/i ut/» 27/1 22/9 27/9 7/19 2V19164 words
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Advertisement403 1986-07-29 20 fori: X±± FULLY CONTAINERISED SEfl VICE 10 fUROPf VIA SIJL 1 111 thf a IMXI Ml CtTSTIi m f RDM (iIROPF VIA Sill 1 s in f I, ,v V't-Mli 111 If- v N "'t' AMIWt 1 AMIC ME/MM Ml ocm mum s HM/ntK CONVENTIONAL SERVICE 10 IRAN PERSIAN GULF403 words
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Advertisement192 1986-07-29 20 ItL //<ii Sun Hup Co f/Vr) tii .VO j'ti .'■i I, I| x R>. S lIS .'III-'? I \M I k\ \k MM U III) STRUTS/ JAPAN/ STRAITS > a.< itm. i mi pom. smject INTERMARITIME LTD AM (Mb Apri) M 221SM MwH (Mb Aptf) M REUNNNI SOUTN AFRICA SERVICE192 words
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Advertisement543 1986-07-29 20 r O EVERGREEN fjll Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE L_J y a 1 'B J n ili Milmm Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) 5 n US WEST COAST OUTBOUND INBOUND in vc ii n n an a/i an ott an in tn VI VI 7/1 VI 12/1 U/1 IVI 17/1543 words
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Page 21 Advertisements
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Advertisement596 1986-07-29 21 vvw PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE >' >'i"A VOY 8M JKT PX am si/7 m KOTA SMGA SEA OLORY 'Vt-'T. j,,y T y/,Tj; 7 *A/J BANGKOK CONTAINER SERVICE rSr? kotafajar KOTA WUAVA EAST AFRICA/RED SEA596 words
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Advertisement623 1986-07-29 21 ESS CONTAMER SERVICE TO UK/CONTMEKT 17/1 24a ia •a ii a an 2/M 11/11 17/11 U/S a/t in an an Tin vm an vn w na an an vm IVII 11/11 M/M M/M EXPRESS COffTMO SONICE FROM UK/COfUIOT MM VMMBinMi MMM SMI Or M SaM SM M/ 7 31/7 2/1623 words
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Advertisement461 1986-07-29 21 a FP EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE 17/u a/u A'MM/rOkJI M/O ymmm xmQKm -jji v»- A ™JPsWP^IWi DJAKARTA LLOYD INDONESIAN NATIONAL LINT M/> n/i ws a/u a/u a/u IVII MAI 14/11 ALSO ACCEPT* BOTH CONTAMERS, COMENTUML CARGO MA T/S TO IK PORTS, HUU, 11 HAVRE, OSLO, COPENHAGEN, AARHUS,461 words
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Advertisement280 1986-07-29 21 BOUSTEAD SHIPPING AGENCIES V* BURMA FIVE STAR (Burmese National Line) Loadng far Rangoon Spar. PJMmi PIMK I 31 W1 ta| V4fc* 2/4 Wl fc«4/7«* 11/191* U/UN BANK LINE TMBMJk SMKM *7 7/1 9/9 IC/9 13/9 TOMU man IJ 24/1 29/9 27/9 25/9 MOMVBMK VIM 2/9 21/9 4/19 1/19 CLVDEMMVUN 21/9280 words
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Page 22 Advertisements
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Advertisement752 1986-07-29 22 fauuMß/rani/ctiiLE >* mi «M mm CENTRAL mm K LINE —KAWASAKI KISEN KAISHA. LTD. M am fIWMmcMiM ma em Mtamummwomm (k| Sh| US* lOd lOd MOd 11 Od nu nb wm wm vzmuokmuo pi. qcnaucMßu mwocowo ricm* 4t| Shy nhp lOd lOd 4Od sOd 7Od MB trm wm cm msnm rn752 words
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Advertisement259 1986-07-29 22 7T7 tar sm «r urn 1 iar» 11 tai i trisui ihi W7 IS tal 17 fc« rn 22 ht MTM 25 fa| UWAi 2 1M k 127 Uh| 17 M| I JU a JJ t* *27 If 17 ta| a A i> S MNi.ap W k HUtf«RM('» K V259 words
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Advertisement308 1986-07-29 22 GOLDEN LINE GUM GUM SHrrWG (TIE) LID OMIiaM MMI MM NL MUNI (M JB) nn v« iL 2/1 7/1 a/I 5P wi 22/1 a/i n/t a/$ in v% u/» iv» 22/1 21/1 a/1 7/M VM U/M 11/ M i/i 2/9 in_nn un mn an M 13-JK7KI, MKH-7. Miki W\% M308 words
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Advertisement241 1986-07-29 22 INTRASEA (PTE) LTu AfiS'.n Hr/ r/ 7 If> Sn i 07< 7 2. BREAKBULK SERVICE TO EUROPE/UK PHIL ITRON SHIPPING AGENCIES PTE LTD Tf i*f.. ri t INI T f 1 f RS ,'8 *?C PHIL I Vt Vt M/l u/ia/i vi 1 I? lii 2 3 ■wi: an —i241 words
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Page 23 Advertisements
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Advertisement488 1986-07-29 23 &.NOL NEPTUNE ORIENT LINESLTD Mhri *****77 fm km WEPTIM MENCO HI LTD- os mm *****77 msm *****02 ******2 *****53 HMCTW "***** *****14 pt MfMn. pIMM ufl *****04 ioune an M. KFIIC SON. WD. *****1/M*****/20J0235 lOUNE SDN. WD. *****4/*****5/*****4/*****1/*****2 FAR-EAST/EUROPE FULLY CONTAINER TO EUtOPE/UK (VIA SUEZ): a TWO mMcn arwit K488 words
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Advertisement232 1986-07-29 23 ii/i ivi IVI H/l i) 11/1 (ON a/i a/i a/i (tw 7/» 11/» 1V« i«/» a/* NIP I UNI »i,IN- If. I'M I l(i K'« <" 1 K'.i H.. It 1 I INS '111* SON KMI V V CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE TO232 words
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Advertisement444 1986-07-29 23 m sinsov SINGAPORE SOVET SWUNG CO PRIVATE LTD SO6OV BULDMG 55. Market Street Stappore 0114 1* *****33 (15 Um) Ti Cable Address SMSOV SMGAPORC Tdei Nmbers RS 213 M RS ***** RS 251 M p mow M/S SHAMKAT MN SOON ML M. IST AND 2ND FLOOR, NO. 1. JALAN CEMPEJRNG.444 words
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Advertisement10 1986-07-29 23 f S/f/N Ta />/ Ni X3C M/7/M «i Mi CI I10 words
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Page 24 Advertisements
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Advertisement276 1986-07-29 24 KCL REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) \KSSQ. n EEIEEOi cm3i imm CEDE Tta/Fii 131-1/1 2-3/1 3-3/1 54/« 74/1 9-10/1 10-11/1 12-13/1 14-15/1 rnrngnn WfJff ii-Ti -iES3 ICEDEEEEI Tim) IC2EB2HI THAILAND UM m rrrm [El inn in n rrm m n MALACCA STRAITS FEEDER SERVICE TMGE WEEKLY TO276 words
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Page 24 Miscellaneous
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Miscellaneous171 1986-07-29 24 m m Regional Weather m h k m X iLL^ i SIGNIFICANT WEATHER AND SEA CONOmONS AT 7.30 AJI. THIS MOfMNQ. *c a w Wmd direction with speed m knots Wave height LEGEND: 17 -r. Temperature *r A\ 2 Thund r ,orm Weather V Wod d*ectK>n with speed m knots171 words
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Page 25 Advertisements
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Advertisement75 1986-07-29 25 MSC MEMOES k. urn t. KELANG r. CUMN9 I MHMU LEOSHT STOK BUM UUT. KT 242MSS/*****56/*****45/*****93 *****11/4 IEMMN. XO3SI/2 €*****/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22M61/*****1/*****5 *****22 *****4/*****7 11..1 irp cA R EAST/EUROPE CONTAINER SERVICE ii imrf 11 I TTBPTT irrirnmmTTMiTTMT '"TTTTTTM ri".r"TTirf j 11TTirTiJ g .finPiT" —■pimsbimiitii'' ""innin in'./"MrrffTTM-Tr ■rrTTMPMBTiinr.r "■imiTTni LJL S75 words
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Advertisement144 1986-07-29 25 NfTFPNATION A. XUl'llZZ' 1 TFS VOY 114 TFt VOY 115 TO HAMBURG TFt VOY 087 TFS TFS VOY MS Eta Pan Eta I S/B 2S/S TFt VOY T7l 5/« TRANSOCEAN (Ml SDN. BHD V TOAM MUGM VI MORAYBANK VIA CLYDEBAIK VIM TAMMTAJ SAMOA Vt *Mm IcnptK Fa ti Ml COLUMBUS144 words
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Advertisement72 1986-07-29 25 TO RED SEA-MEDITERRANEAN fjl H J,l«w II ta hd/Hi UtaNnrt/W TO HONG KONG-TAIWAN-JAPAN -CHINA* VESSEL I SINGAPORE I HONGKONG IMV27S i. NraM/IIS FROM EUROPE SIMBESXES FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA-MEDITERRANEAN VESSEL BUSAN 1E231 11/7 11/7 a/7 a/7 »/7 an 2/1 vt v« I VI */l VI IVI 1112/1 "t72 words
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Page 26 Advertisements
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Advertisement196 1986-07-29 26 K&S LINE JAPAN ST RAITS SERVICE SANKYO LINE (S) PTE. LTD m Mi, m if MM Bhi General Agents Marco Shipping Co (Pt«) Ltd, Singopore 223-5561 r.T. hhi Mm 41*262. *****. Pili lit bi| 221 Mb *****, *****. MMk 26SS SwMff'Kwti 62§>S' An Montana >— cy. Raogfct* 2MI7U, IwiMili *****4.196 words
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Advertisement275 1986-07-29 26 os '■!> MOL MitsuiOSK Lines Ltd l\r= CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK KFOTI GARNET NEOLLOYO MOJI 26 Aug Port Louis. Reunion 5 Aug Mombasa. Daressalam 15 Aug Mombasa. Daressalam CONTINENTAL PARTNER 11 Aug P. Noire. Monrovia. Abidjan, +Lome. Apapa. Tema Rmks: Subject Inducement. AFRICA'S NO IJ S A VAAL 9 Aug Durban,275 words
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