The Business Times, 1 August 1986
1986-08-01
1
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The Business Times
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Title Section12 1986-08-01 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, AUGUST 1, 118« 75 CENTS12 words
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Article, Illustration568 1986-08-01 1 ALVIN TAY - Market rates get greater weighting in pay of local officers By ALVIN TAY THE SALARIES of expatriates working in the Standard Chartered Bank's branches in Singapore are likely to be frozen following a review of the UKbased group's remuneration policy for overseas branches.568 words
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Article226 1986-08-01 1 KEPPEL SHIPYARD has modified its formula (or calculating overtime wages In a bid to reduce its wage bill without resorting to a pay cut employees will get less if they work overtime. The present consolidated salary of bargainable staff will be apportioned into two components the226 words
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Article462 1986-08-01 1 HOMER CHEN - By HOMER CHEN TWO AMERICAN banks in Singapore have filed a petition to wind up troubled stock broking firm City Securities Pte. The petition will be heard before the High Court on Oct 17. The petition was filed by Citibank and American Express Bank on462 words
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555 1986-08-01 1 CHUANG PECK MING - vmmim By CHUANG PECK MING THE GOVERNMENT has spelt out what it would consider as interference in domestic politics under the revisions being proposed to the Newspaper and Printing Presses Act. It would be watching out for foreign publications which persisted555 words
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Article, Illustration77 1986-08-01 1 SHAKE PRICES elaeed aairawly mixed, after »eteclt»e bmyimg Jteraated with beats «I preOt taking la moderate trading at the yoftortej* At the elaae, the Baaiaeas Tinea Ompeatte tain leat U1 aetata ta «ill, while the Stratta Ttaea laiaatrlal Index teU 4JC petate te 141 Jt. Oalaen edged leaen77 words
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Article, Illustration447 1986-08-01 1 SHAHRIR ARIFF - Malaysian Elections^ By SHAHRIR ARIFF in Kota Bahru MALAYSIAN Prime Minister Mahathir Mohamad yesterday promised to review land legislation in Kelantan. He also pledged peace and prosperity if the people re-elect the Barisan Nasional coalition. Speaking to members of the Chinese Chamber of Commerce in Kota447 words
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Article112 1986-08-01 1 THE THREE government bidding companies, MND Holdings (Pte) Ltd, Sheng-Li Holding Co Pte Ltd and Temasek Holdings (Pte) Ltd, increased their combined consolidated profits by 60 per cent to $380.5 million in the last financial year in spite of generally poorer trading conditions. The bulk of112 words
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108 1986-08-01 1 AP OPECs president said yesterday that 11 of the cartel's 13 member-countries had pledged voluntary oil production cuts totalling 1.925 million barrels a day. Rinwalu Lukman, Nigeria's OQ Minister, said that the Organisation of Petroleum Exporting Countries, now meeting in Geneva, had set upAP - 108 words
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Page 1 Advertisements
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Advertisement124 1986-08-01 1 The buck starts here CmBMKO Corporate Banking Steamed Omelette with Seafood Another Specialty only from Dragon City. m Km Manaftrr Discover some of the finest Sichuan and seafood dishes at Dragon City Restaurant. Every dish is masterfully prepared by caring chefs to please your palate. Experience the warm and impeccable124 words
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Advertisement210 1986-08-01 1 \mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO BRISTOW DOONESBURY OUR VIEW AUSTRALIA'S decision this week to open its doors wide to foreign investment is o lesson in the uses of panic. But it was an entirejy wholesome panic, the sort that jerks somnambulant210 words
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Advertisement73 1986-08-01 1 ]>,/{?}[^;~&~|<~+&((/_}]?@?~}{? L»- Add the finishing touch J J Shoes and Accessories by BALLY of Switzerland The Best of BALLY is to be found at the following authorised DiUiLl dealers. Bally Boutique. Royal Holiday Inn. Scotts Rd/Meridien Hotel Djien Boutique. Mandarin Hotel e Ike tan Orchard. Wisma Atria e I seta73 words
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Advertisement3 1986-08-01 1 MINOLTA ADVANCE-: ZOOMING =;&~(!^}<$[",%%+(},<"'$`:]]_{$%3 words
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HOME NEWS
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508 1986-08-01 2 JEFFREY TSANG - Gare needed to avoid white elephants, says expert By JEFFREY TSANG FACTORIES must automate With care to ensure that their Investments in expensive computerised manufacturing systems do not become white elephants, said an expert on factory automation. But, in spite of the high costs508 words
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Article157 1986-08-01 2 PINETREE Town and Country Club members will be able to learn the finer points of teeing off when Asia's first golf school cum club is added to Pinetree's affiliate network in 1988. Located in Bangkok, the Pinehurst Golf and Country Club will be open to all157 words
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Article, Illustration494 1986-08-01 2 MARTIN SOONG - By MARTIN SOONG SHAPELY LEGS kicked off a razzle-dazzle bash yesterday to launch In Pursuit of Excellence tor Singapore, a glossy National Day souvenir programme which 60,000 people will get free on August 9 at the National Stadium. Some 200 people, including senior government and494 words
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Article, Illustration297 1986-08-01 2 TECHNOLOGY, no matter how sophisticated, cannot take the place of the art of doctoring, President Wee Kim Wee said yesterday. At the opening ceremony of the 20th SingaporeMalaysia Congress of Medicine at the Mandarin Hotel, President Wee emphasised: "The profession must continue to uphold297 words
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103 1986-08-01 2 POLICY HOLDERS of QBE Insurance can use their American Express credit cards to pay their premiums from today. This makes QBE, an Australian company, the first general insurance company in Singapore to accept charge cards. American Express card members can choose to pay their103 words
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Article58 1986-08-01 2 BT's report, "Loan options (or HUDC flat owners" yesterday quoted the Minister for National Development, Mr Teh Cheang Wan, as having said the government had waived the 13 per cent levy imposed on the sale of under-five-year -old flats to third parties. The levy is, in fact,58 words
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406 1986-08-01 2 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent COUPON-PARKING covered car parks managed by the Urban Redevelopment Authority may soon be a thing of the past. The URA is automating the 12 covered car parks under its management, with the aim of eventually fully computerising them.406 words
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Page 2 Advertisements
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Advertisement324 1986-08-01 2 We are no w centrally located to serve you even better. fflrerran The Power AndTheGlory Today when less cars are generally being sold, there is still a long waiting list for Ferraris, such is the world-wide demand for the best engineered sportscar in the world. At Hong Seh Motors, we324 words
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YESTERDAY IN PARLIAMENT
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496 1986-08-01 3 CHAN OI CHEE - By CHAN OI CHEE IN SPITE OF generally depressed business conditions and sharp losses incurred by its petrochemical associates, the three government holding companies put up an impressive financial performance last year. Consolidated profits of the three holding companies MND Holdings496 words
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Article, Illustration659 1986-08-01 3 LISA LEE - By LISA LEE SEVERAL PAP backbenchers and the two opposition Members of Parliament Joined forces yesterday to criticise harshly a Bill which sought to give the Housing and Development Board wider powers against tenants who "abuse" public housing. The Bill was eventually passed. Dr Tota659 words
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303 1986-08-01 3 Law aimed at ensuring safety, says Teh A "HARSH" LAW that would affect a few people but ensure the safety of more than 2.2 million Singaporeans that was how National Development Minister defended the "killer litter" aspects of the Housing and Development (Amendment) Bill. Mr Teh Cheang Wan said occupants303 words
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Article85 1986-08-01 3 LITTLE SAVINGS from the trouble of not having to pay bills by cash would add up to a big sum $6 million for the public as a group. Finance Minister Dr Richard Hu said the figure represents savings imputed from travelling and queue- ing time85 words
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825 1986-08-01 3 Compony's Per* :entoge of Governmefi it's shore of Norm of compony paid-up capital 9 net protitt/OoatM) (S'000) sfc OfikoidMf FY '84 ($-000) FY '65 (S'000) 1) 1 Holding Componies MND Holdings (Pte) Ltd (o) 31,300 100 (100) 41,355 68,859 2 Sheng-U Holding Co Pte825 words
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Page 3 Advertisements
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Advertisement45 1986-08-01 3 TAN CHONG TOWER Office Suites from 30 to 200m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $250 p.s.f. including service charges Professional Building Management For details, please call *****22 Tan Chong Realty (Pte) Ltd S 15 Queen Street Singapore 0718 s45 words
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Advertisement122 1986-08-01 3 r k 4 1 MortmPteUd MO BaJbt Til&ih Road, M Storvjr Boildiac 9. 9»f«por» 2158 "M: *****86 Give Business Gifts when a Cross emblem pen can TUnf T A Tjfptimp help stimulate your business. AIId I y our company's emblem prominently displayed they make highly valued business gifts, both within122 words
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ASIA-PACIFIC
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436 1986-08-01 4 Growth expected to be lowest in 10 years Reuter SRI LANKA'S carefully nursed economy is taking its worst beating in 10 years from the combined effects of the Tamil separatist war and depressed tea prices, according to western diplomats in Colombo. They forecast gross domesticReuter - 436 words
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210 1986-08-01 4 UPI A SPECIAL COMMISSION of the Philippine Supreme Court yesterday recommended that a mis-trial be declared in the murder of Benigno Aquino, the husband of President Corazon Aquino. The commission ruled that former armed forces chief Fabian Ver, 24 other soldiers andUPI - 210 words
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Article, Illustration378 1986-08-01 4 AP THE PERSIAN CARPET is back on the market in growing quantities at attractive prices for the first time since before the fall of the Shah of Iran, dealers say. The prices have fallen, they say, because of subsidies from the Ayatollah Ruhollah Khomeini, theAP - 378 words
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242 1986-08-01 4 SOME of the most intractable of the US bilateral trade deficits are being experienced with the newly industrialising East Asian countries (NICS), particularly Taiwan South Korea, Hongkong and Singapore, says the latest issue of Financial Digest, a publication of Manufacturers Hanover Trust Company (MHT),242 words
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345 1986-08-01 4 Reuter THE WORLD BANK has warned Thailand against too much foreign borrowing despite its standing as the third-best credit risk in the developing world, according to the bank's latest report. The confidential report says Bangkok cannot risk increasing its almost US$lB billion debt burdenReuter - 345 words
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302 1986-08-01 4 AFP REFORMS suggested by the first foreigner to manage a factory in communist China are to be adopted at four plants in central China, the New China News Agency has reported. The proposals by West German Werner Gerich, approved by the city council inAFP - 302 words
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236 1986-08-01 4 AP INDIAN soft drink manufacturers are urging the government not to allow Pepsi Cola into the country, claiming the US multinational company will "destabilise domestic industry and make a million people Jobless". "Why do we need Pepsi? We managed to develop ourAP - 236 words
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Article903 1986-08-01 4 ARRIVALS QpUdlOl «wnb«r Local tin* From SIA UA FT RBA sv KAL MAS MAS SiA MAS CAL SIA CPA SWR RBA GIA SQU7 UA805 FT71 BM43 SV398 KE697 MH68I MH8I1 SQ43 MH671 CI806 SQ103 CX710 SRI 76 BM21 GA960 0005 0010 0044 0330 0440 0615 0620 0910903 words
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Page 4 Advertisements
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Advertisement147 1986-08-01 4 Supreme Events in Cuisine No. 8 H T I BUFFET LUNCHEON July 26 to August 29,1986 The Belvedere s Supreme Events in Cuisine this month features no less than 60 traditional Greek favourites. Appetisers are rich and varied. For example feta cheese with olives, midya dolmasi and soupies me spanaki.147 words
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REST OF THE WORLD
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242 1986-08-01 5 Reuter NATO may be able to deploy within 10 years new technologies which will boost its chances of winning a conventional war against the Warsaw Pact, congressional analysts say in a report. The technologies, including sensors and so-called "smart weapons" to findReuter - 242 words
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339 1986-08-01 5 UPI DEMONSTRATING his "revolutionary energy machine," American backwoods inventor Joe Newman told Congress on Wednesday of his seven-year fight against bureaucracy for a 1 patent on a device he said would change the world. But government experts told >aUPI - 339 words
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242 1986-08-01 5 AFP THE LATEST collapse in oil prices will compensate oilimporting developing countries for the slump in their non-oil commodity earnings, the American Express Bank Review says in its latest issue. It calculated that 13 oil importers out of 18 key countries of theAFP - 242 words
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Article69 1986-08-01 5 AFP A SWISS watchmaker plans to market a watch that goes backwards, and says it is mainly for the American market, the daily Le Matin reported in Lausanne, Switzerland on Wednesday. The hands go anti-clockwise and the hours are shown the wrong way round.AFP - 69 words
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Article, Illustration475 1986-08-01 5 UPI US SECRETARY of State George Shultz and US Trade Representative Clayton Yeutter have warned that the US would pay a heavy foreign policy price if Congress forces the country into protectionism. "Protectionism may help somebody, somewhere, for a while, but itUPI - 475 words
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321 1986-08-01 5 FT CALIFORNIA will be the fifth largest economy in the world by the year 2000, surpassing that of France and being topped only by the US, the Soviet Union, Japan and Germany, according to a report by WellsFT - 321 words
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Article, Illustration390 1986-08-01 5 AP US HOUSE of Representatives Speaker Thomas O'Neill Jr told a textile and apparel workers rally on Wednesday that President Reagan should discard an agreement to allow an increase in South African textile imports. "Mr President, we have a message (or you,"AP - 390 words
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Page 5 Advertisements
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Advertisement141 1986-08-01 5 Stretch your loan! Why stretch yourself financially? Citibank's new 5 Year Personal Loan can help you reduce your monthly instalments by up to 25%. If you need a loan between $30,000 and $50,000 we'll stretch the repayment plan from the usual 48 months to 60 months, at the competitive interest141 words
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Advertisement8 1986-08-01 5 US dtfictt holn in th« argument, Piqc 78 words
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BANKING AND FINANCE
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532 1986-08-01 6 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent SINGAPORE BANKERS say they are well-prepared to cope with the challenge and expected increase in regional money business when the Tokyo offshore market opens on Dec 1. "We are psychologically and administratively geared," one foreign532 words
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Article277 1986-08-01 6 Reuter THE MALAYSIAN government has invited a handful of international b—la to submit bids for a US$36O million syndicated loan. Ranlring sources in Hongkong aid thin would be a major boost to the Asian sovereign syndicated loan market which has been rather «higgish this year.Reuter - 277 words
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404 1986-08-01 6 Number IfldKOlivi Grose Coupon Amount Interest of day* of Middle Price Redemption Maturity Y«ar r DMd Rote Million) Payment Accrued (excluding Yield pa) Dot as Interest accrued interest) <% pa) 15.10.86 Loan 2 1966 5V« 53.34 15/4, 15/10 107 100.00404 words
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486 1986-08-01 6 AP A MAJOR CUT in the Interest rates charged to Mexico and other big Third World debtors would have a devastating impact on banks, a US government official said on Wednesday. "The effect of a 3 percentage point declineAP - 486 words
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MONEY AND EXCHANGES
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Article859 1986-08-01 6 Reuter SINGAPORE THE US dollar yesterday closed easier against most major currencies, but above the day's lows, after fairly active trading. Dealers said the dollar recovered slightly in the afternoon on some technical support and buying at the lower levels after having fallen sharply in the morning onReuter - 859 words
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Article238 1986-08-01 6 Interbank rates at 3pm yastardoy: ■M Otter MM part* rtini Local dollars to ooo MfHt of for#*9" corroncy: US dolor 2.1745 ***** ***** -22 88 Staring pound 3.2476 ***** ***** -55 80 A la tr akin dolor 1 2927 1 2955 3 4286 -62 30 NZ dolor 1238 words
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Article71 1986-08-01 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-5/8 per cent yesterday, uo 1/2 point from Wednesday's close. The one-month term rate rose 1/16 point while the two- and three-month rates remained unchanged. S$ Interbank rates at 7pm yesterday: OH*. ltd r*ght 4 5/8 471 words
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Article, Illustration386 1986-08-01 6 Asian market SHORT-DATED Asian dollar deposit rates yesterday extended morning losses in thin afternoon trading on continued lending interest, Dealers said rates weakened mainly on US Secretary of State George Schultz's remarks that there was room for further drop in the value of the dollar with sentiment also affected by386 words
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Article440 1986-08-01 6 BA Futures EURODOLLAR futures yesterday gapped up from the previous close and traded marginally higher following the matter than expected US treasury refunding schedule on Wednesday night After opening at 9330, the September contract hit a Ugh of 93.51 in quiet trading as traders square their positions on monthendBA Futures - 440 words
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Article263 1986-08-01 6 HONGKONG: GOLD yesterday closed firmer on late demand from US and European interests. It ended higher at U*****.85/354.15 an ounce at the close. On the local market, gold finished HK519.50 higher from Wednesday's close here of HK53,256.50. The Krugerrand gained HKIIS to finish at HK52,735. The Maple Leaf was263 words
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Page 6 Advertisements
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Advertisement144 1986-08-01 6 I A a übertuS (H>rtll BIENVENU CHEF PIERROT for the sth Belgian Gastronomic Festival, 1-16 August. Chef Pierrot of the famed Chez Pierrot au Surcouf' returns to the Hubertus Grill, accompanied by his sous chef to give you the authentic taste of Belgian cuisine. Come for lunch and dinner to144 words
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WORLD BACKGROUND
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Article, Illustration518 1986-08-01 7 AFP THE RULING Kuomintang (KMT) of Taiwan has initiated political reforms with a view to winning public support in the lead up to Congressional elections scheduled for December and January, analysts say. In May the KMT allowed a major opposition group, the Tangwai ResearchAFP - 518 words
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Article, Illustration709 1986-08-01 7 Reuter IN THE INTERNATIONAL tug-of-war over sanctions there will be no winners among the more than 80 million people in nine different economies which depend in varying degrees on South Africa, analysts say. The reactions of their governments to the sanctions issue varyReuter - 709 words
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Article, Illustration1150 1986-08-01 7 US deficit holes in the argument Conventional wisdom on cures for Japan's trade surplus challenged Reuter THE POPULAR VIEW is that Japan's radical plan to restructure its economy coupled with the drastic fall of the dollar against the yen will remove Japan's dangerous trade surplus with the US. The popularReuter - 1,150 words
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Page 7 Advertisements
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Advertisement6 1986-08-01 7 Keep your investment decisions on target6 words
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Advertisement155 1986-08-01 7 OUR COMMITMENT TO THE PRODUCTIVITY DRIVE Business Decisions Systems Pie Ud. (BOS), a local computer consultancy is pleased to have contributed to the national productivity drive in Singapore by sponsoring a speaker for yesterday's NPB Chief Executive Breakfast Talk on 'White Elephants and Computer Software in Factory Automation". BDS* involvement155 words
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Page 7 Miscellaneous
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Miscellaneous59 1986-08-01 7 Doonesbury BY GARRY TRUDEAU I'M SORRY MHATSkJRON6 ABOUT THB IUTTHTHEM* ACCOMMOCM- LOOKS UKB J TJONS,ZDNK£R A PRETTY COMFY COUCH R)MB/ r \k »*K) aS mi, you Be 9UR£7OSTAY OFGOURS6 ON TUB COUCH, TLLSTAYON HEAR MB* THB COUCH. tUH&ease iOOULPI 9LBSP* 3 I 4 w ■ys. iOUREALU A GUESTROOM ORSOMETHN6? «Sw«59 words
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FEATURES
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Article518 1986-08-01 8 AUSTRALIA'S decision this week to open its doors wide to foreign investment is a lesson in the uses of panic. Panic it was, at the death plunge of the Australian dollar, reduced to a shadow of its former self and becoming a thinner •mi thinner shadow518 words
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Article, Illustration1856 1986-08-01 8 CHUANG PECK MING - Signs of an economic recovery are appearing in Singapore and the pessimism is beginning to lift as a result of a series of cost-saving measures introduced by the government. But a lot would depend on how far costs are lowered and what is done1,856 words
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Page 8 Advertisements
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Advertisement164 1986-08-01 8 Make it your Business to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its NEW form, it makes it possible to stay in164 words
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Page 8 Miscellaneous
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Miscellaneous740 1986-08-01 8 ctrrnc puzzle ACROSS 4 Chaps forming a ebon (6) 7 It's sod, dod having the nervous twitch (8) 8 One who spiNs beans on the bonk counter? (6) 10 Lighten everything some woy (5) 13 Executed in the usual form (4) 14 Powder used in dentol clinics (4) 15 Col740 words
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SPORTS
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Article, Illustration1228 1986-08-01 9 WALTON MORAIS - Rising star out to defend Sembawang Open title By WALTON MORAIS RIDING A HOT STREAK, M Murugiah will start as firm favourite to retain his title in the Sembawang Open golf championships this weekend. The 22-year-old, who will defend the title he won last year with1,228 words
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250 1986-08-01 9 AP SCOTT VERPLANK was a winner as an amateur but has been a straggler as a pro. "A mini-slump," Verplank said in Oak Brook, Illinois, of his less-than-impressive performance in his first year as a pro on the American PGA tour. "I've just kind ofAP - 250 words
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Article125 1986-08-01 9 AP FIRST SEED Miloslav Mecir of Czechoslovakia reached the quarter-finals of the US$lOO,OOO Melkhuisje Grand Prix tennis tournament in Hilversum, Netherlands, on Wednesday by defeating his fellow Czech Stanislav Biraer 60, 6-3. Meanwhile, reigning, but unseeded, West German champion Ricky Osterthun went asunder on the clayAP - 125 words
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561 1986-08-01 9 AP AUSTRALIA swept ahead in the medal count at the Commonwealth Games on Wednesday, but little teams had their best day as Jersey, Guernsey, Hongkong, Malawi and Swaziland each broke through to win a first honour of the games. England slipped behind afterAP - 561 words
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Article133 1986-08-01 9 Reuter MILLIONAIRE race-horse owner Robert Sangster said in Goodwood, England, on Wednesday that newspaper reports about switches involving top jockeys Pat Eddery and Cash Asmussen had a considerable degree of accuracy. But Sangster added: "It will be up to the jockeys concerned to announce details of anyReuter - 133 words
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Page 9 Advertisements
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Advertisement97 1986-08-01 9 i date with Ballesteros the Sevvy Way 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 by97 words
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Page 9 Miscellaneous
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Miscellaneous1118 1986-08-01 9 w em mm l s. SwalM and Savalfa in tonight'* datactiva movia FRIDAY AT THE MOVIES Tha Balarua FHa 11.10pm, Channal 5 Bald-wonder and dubious sex symbol Telly Savalas returns to reprise his role as Theo Kojak, the crusty New York cop with the lollipop fetish. This time, the man1,118 words
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INTERNATIONAL STOCKS
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319 1986-08-01 10 Reuter ITT CORP has raised its ownership in the new European telecommunications joint venture from 30 per cent to 37 per cent to make sure the partnership gets off to a flying start, Wall Street analysts said. "We think ITT agreed to raiseReuter - 319 words
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204 1986-08-01 10 UPI TWO. HUNT family-owned oil companies have filed a second multi-billion dollar lawsuit against 23 banks alleging they had a secret written plan to create a worldwide price-fixing monopoly in the offshore oil rig drilling business. The suit, filed on Tuesday byUPI - 204 words
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297 1986-08-01 10 Reuter WALL STREET stocks rebounded at the close on Wednesday, helped by bargain hunting as the market began scraping against three-month lows. Analysts said it had reached a point where the market might have over-reacted to the weak economy. But a pending USReuter - 297 words
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Article183 1986-08-01 10 JULY 30 c$ f s 0 > 37 nidi hnco 15* Abrtfa 22 W unch Ir* Pro* Plpa 38* -2 AJcon 40 4* lu M 17* Algoma 13* unch Karr Addaon 14* at unch Lobtow B 12* Bank Novo Scofco IM Bank Of Montreal 304* Mc BkxM 37* Bal183 words
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Article217 1986-08-01 10 JULY 90 Tongoot 720 unch Trutf 8k 115 -5 MDUST8IALS Uh SimI 51 unch WooMru 1150 25 A Alpho 1040 -to Aborcotn 240 unch MM MGS Aoo 1360 20 50 4075 Arruprop 4775 25 *****8-200 IK7S -5 1725 indi C G StnMt 2800 unch BuHafc 7725 50 CNA 225217 words
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Article717 1986-08-01 10 JULY 30 US$ Faastorta Tiro Ruor Cp 24* 12* iaidt Nad DIM Cham 33 7* AJcar All ran r 29* FMC Cp 18 ft NCX fT 49* AJC OO r34« -ft C nrA r oro mOi or ...mmm. 94* •ft 43* Aiag M IS f' trport Manor Fmhoul717 words
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Article825 1986-08-01 10 Amsterdam JULY tO AM 601 00 +3-5 dap 100.00 4-0.3 Ahotd Afczo 91.50 4X6 130.00 4 13 Alronto AMiV A/nro Bank Am S*wt Baikal Bommi Buahrman Tattarc CA* 151.90 401 74.70 401 106JO 411 124 00 +2 30.00 41 109 00 wdi >*... 200.90 unch ***** 45 Elu«825 words
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Page 10 Advertisements
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Advertisement538 1986-08-01 10 \SI/ZSZ am M m Wmm Id wUtv* iMiia August 1 Dick Lee of Hemisphere 7.30 pm: Barbecue Buffet Dinner 9 pm Fashion show by Carrie Models Price: 525.50 per person Iptus K)% srrvirr rhaijtr and 3%orssi Venue: Poolside (sth floor) Royal Holiday Inn Singapore Please call 737-7966 ext 1662/1698 for538 words
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Advertisement0 1986-08-01 10 )*.,">`!]@|*{~:[{.<{&<(()+>*;&{0 words
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ASIAN STOCKS
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Article357 1986-08-01 11 HONGKONG: Share prices closed higher yesterday buoyed by a late round of institutional buying, brokers said. The Hang Seng Index rose 7.52 to end at 1,865.46 after lagging by one point only half an hour before the close. The Hongkong Index gained 4.74 to 1,158.35. Turnover slipped to HKS3B4.G2357 words
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Article227 1986-08-01 11 JULY SI AJ Sincara Mm A*o Camant MT 2.08 23.20 30.30 •ai -i -0 8 Kuochan Daw Laa Chang Yuan Own ram ban Hwo Mm 21.30 32.60 11.95 36.80 •l.l -1.7 -0.6 -13 Chang Hn Bank 44.30 •ai -i i Not fcwailHiart 37kl0 -2 7 Oia Hun Camant CMn227 words
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Article310 1986-08-01 11 JULY SI Amodo Yaa 1770 392 736 30 -7 -15 MMub Bac Mrtiub Ettota Mrtiub Haovy MMubaft 402 2220 477 850 inch -150 •14 1 11 AtaN Cham 820 -20 -50 ♦2 -13 -20 Mrtiui SNpfatdg 174 3 Bonk Of Tokyo Bndgastona 920 635 898 MMa SmaMng MiltukoaN MMuni310 words
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Article94 1986-08-01 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday declined 1.28 to 139.53. Turnover amounted to 287,498 shares valued at 517 million baht. JULY >1 Ac of* Mining An*o PW Atta Cml Nm MarttMl Oriental B "JSi'ISSP 0 0.012 -0 001 Ptcop B 0.013 unch 0.014 unch 0.2380 imchReuter - 94 words
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Article528 1986-08-01 11 SYDNEY: Australian shares yesterday closed stronger in brisk trade, aided by demand for quality industrials and fresh speculation of a BHP-Elders takeover play, brokers said. At the close, the All Ordinaries Index was up 14.8 to 1,123.5, the All Industrials Index up 24.5 to 1,788.3, and the All Resources528 words
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Article104 1986-08-01 11 JULY at W«0 Kanawon M KJO Motw 1225 2200 -35 <42 Chal Sugar 1971 41 Katon bid 2431 100 Daatm M MS -5 Korea Long Torm 1610 35 D—woo Cap Dofwoo HM^y 1520 Ucfcy Ltd Oriental frvwy 1635 -56 1510 1510 31 Dana Ah Phar 900 PodHc Owned 1330104 words
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Article139 1986-08-01 11 JULY >1 1 Ao Ktan Thai MM Siam Siam Siam Camant Olnars Gftzant 577 Hap •8 AMO ffcn Ayudhyo knMMMnl.Ban*afc Agro-fcid landuk M Bar* Of Ayudhya Charoong thai wlr» MB 35.75 185 117 299 •0.5 •1 •1 •2 Sam Oly Camant Siam Commaraal Bank Siam Food Product! Sraar ThoAond139 words
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Article55 1986-08-01 11 Reuter WINSOR INDUSTRIAL Corp has reported a 27 per cent fall in profits for the fiscal year ended March 31. Its net profits for the year was HK$l69 million. Turnover slipped to HKJI.9S billion from HK52.23 billion. rhMimxnn t K Ann blamed the US threat to cutReuter - 55 words
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406 1986-08-01 11 AFTER a change of control due to the sale of 84.5 per cent of capital by its two major shareholders, Boustead Promet Australia Ltd is to increase its issued capital by 235 per cent through a private placement of shares, according to the Australian Financial406 words
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156 1986-08-01 11 Reuter FIRST PACIFIC Holdings Ltd has agreed with Hong Nin Bank Ltd, a small Hongkong bank, and its major shareholder, China Hong Nin Life Insurance Co Ltd, to buy the bank's entire capital for HK$l5O million. First Pacific, a flnanrial group basedReuter - 156 words
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329 1986-08-01 11 FT SONY, one of Japan's brightest lights in the consumer electronics wrfH, is aiming to double its overseas production over the next three years from about USSLB billion to about US$3.6 billion by 1989. Along with other top exporters, Sony is shifting production overseasFT - 329 words
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Page 11 Advertisements
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Advertisement44 1986-08-01 11 %+}??*:}~!~&}%):;~_[\[:>:<+',)` 2 Mugs of Draught Beer Only $s++! DURING HAPPY HOURS. 'llftS ILfe-gS.d l ni MP on the house! Happy hours: 5 pm to 8 pm. Excapt premum txands LOUNGE/DISCO *7 Tune w»</> Vow' I Apoilo I Singapore 406 Havekxk Road Singapore 0316. Tel: *****61/8844 words
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Advertisement127 1986-08-01 11 •r M mf Happenings galore, prizes aplenty... from now till August 30. Remy Martin XO and Highland Queen whisky bottle buyers will receive exclusive gifts and win attractive prizes in a lucky quiz. Ladies Night and no cover charge for couples till 10 pm Sunday to Friday. •The heats of127 words
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Advertisement86 1986-08-01 11 A vortex of sight, sound and sheer imagery I i K* > H Ist Drink Charges: I LADIES NIGHT I FnSat Eve of NO COVER CHARGE PuWk Tuesdays Wednesdays H 9pm 3am; $18** I mezzKorHotoi I 5 Coleman Street. Singapore 0617. Tel: *****33 3aO[3 C 3 C 3 C 386 words
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Advertisement148 1986-08-01 11 Una Tea, Singapore Style Native favourites abound of Pfc*n's. the lobby rouxJ- Ihedock cote restaurant. Tea- lime wS see a moulhwalertno kxxj dhptay that** bring out tie "nonya" and "babo" In your soul. Fn#d Mrfon. Vogotabto kmc*. Nai tomak Shoo Moi. 800 uNh assorted «ngs. Nonya rtce dumpings. Century eog148 words
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Advertisement48 1986-08-01 11 gj?// rra Buffet StyU Choose from more tnsn 20 appetizing dishes. Est sll you can for only $7 00 jr M v »> J? w r T 4* Pi r&f tr Ut What t So Special at Window on th« Park? IW ctnd S^jiubu^ Temasek Daily from i WldniiSwK48 words
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RAW MATERIALS
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Article619 1986-08-01 12 Report says government policies tend to work against rural areas WHILE MOST countries espouse self-sufficiency in food as an important objective, the majority also give their farmers a raw deal, according to the World Bank's 1986 Development Re- portThe paradox, it says, is that many619 words
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354 1986-08-01 12 UPI JAPAN'S depressed alumi--3 num industry is moving to trim its domestic production further and increase r t imports to overcome rising .production costs and the n yen's appreciation. N Sumitomo Aluminium Refining CO has announced its withdrawal from aluminium smelting by the end ofUPI - 354 words
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Article138 1986-08-01 12 Chinttc Product Robusto 20/25% FOB NSW 465.00 SiMifi 1 noon dosing pi My 31 (SS/lOOkJ. rices on Nutmeg 110 FOB NSW 1355.00 Coconut oil BWP FOB NSW 1256.00 Bufc FOB 43.00 Gambier CHd drum FOB New drum FOB 56.00 60 00 FOB NSW ***** Copro London Commodity Mixed138 words
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Article217 1986-08-01 12 Reuter WHEAT FUTURES on Wednesday eased late and closed mixed on the Chicago Board of Trade, ranging from off 3/4 to up 1-1/2 US cents a bushel. September ended near the bottom af a five cent range. Nearby months eased on steady commercial selling. In late trade, Cargill addedReuter - 217 words
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Article195 1986-08-01 12 Reuter SOYBEAN FUTURES on Wednesday closed 2-1/2 to 6-3/4 US cents s bushel higher and maintained most of the gains made earlier on the Chicago Board of Trade. November finished near the middle of a 4-1/4 cent range. Prices surged from the start on weather reports indicating that aReuter - 195 words
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Article68 1986-08-01 12 (US$/tMM, FOf) Whit* Rice 100% Ut clou 260 100% 2nd ckjss 225 100% 3rd clou 220 5% 210 10% 205 15% 200 20% 190 25% 180 35% 175 Broken Rice A-l Super 125 A-1 Special 122 C I Sp*aa» unq C-l Ord unq Loon za in Rice 100% Ut68 words
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Article757 1986-08-01 12 Reuter COFFEE ROBUSTA COFFEE on Wednesday ended a slightly more active day easier, but the market was still unable to break out of its recent narrow trading range in the absence of fresh news. Contracts closed £15 to £8 down from Tuesday and little changed from midday levelsReuter - 757 words
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429 1986-08-01 12 FT NON-FUEL commodity exports from Latin America will fall by about 4 per cent this year, but the drop will be followed by an expansion of 4.8 per cent in 1967 and price recovery for many commodities, according to a new study releasedFT - 429 words
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Article76 1986-08-01 12 Reuter IN DULIi TRADING in the Eula Lam par Tin Market, tin yesterday cissed at Mf14.18 per fails, three eeite lewer tfcaa Wednesday's data*, dealers said. Wednesday's level attracted early selling hat buyers were sidelined, waiting tsr prices to tall further. Scattered Japaat ttw»| tower gates reEarspeaa interestReuter - 76 words
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Article316 1986-08-01 12 BMQAPORE THE MARKET yesterday closed quietly steady with August One RSS buyers quoted at 171.50 cents per kilo, unchanged from Wednesday. The morning session ended steady, after hovering narrowly on some shortcovering of nearby and forward positions in quiet trading. Prices rose slightly in early afternoon following higher Tokyo316 words
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Article217 1986-08-01 12 MALAYSIAN crude palm oil prices yesterday dosed slightly higher on light covering interest aided by India's presence la the market at its weekly oil tender, and discounting a weaker overnight Chicago soyoil futures dose. Trading was thin as most operators preferred to stay on the sidelines, awaiting the217 words
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Article289 1986-08-01 12 HAS prices m S coati/kg, FOt k olot NC ION now Int 1 RSS Prompt ftuytn ***** 173.50N 172.50 I73.50N tnt 1 RSS Aug 86 171.50 172.00 171.50 172.00 int 1 RSS S«pt 86 172.25 ***** ***** 172.75 Int 2 RSS 0> ***** 17I.00N 169 00 171.00N289 words
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Article92 1986-08-01 12 (cwftAe, i AUG 86 SETT 86 (atrrm it motrrti) (ferwor NOON NOON RAS 1 m«ri Srfm fcpi Kin SSR 20 ***** I6I.00N 159 50 161 SON SSR SO 156.00 158 OON 156.50 158. SON MRELB >»|HW Sdbn S«ln SMR CV 238 00 240 00N 239.00 241. OON92 words
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Page 12 Advertisements
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Advertisement323 1986-08-01 12 NOTICES PUBLIC AUCTION CHIEF MECHANICAL* KlJftinirAl, DIVISION mi A public auction of confiscated, unserviceable and redundant stores comprising of buses, saloon cars, tlpCrs, pick-up vehicles, tteries, motorcycles, scooters, water-pumps, lathe and grinding machines, engine oil, scrap metal, air conditioning and electrical equipment, engineering laboratory equipment etc on Thursday 7th August,323 words
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Advertisement355 1986-08-01 12 a "T ri ,y''* 11 HI 1.-iy'k t (SINGAPORE) PTE LTD (IN MHiMBP VOLUNTAS Y LIQUIDATION) Lli I k lj J* I, J'* IjPllJ H CliC' At an Extraordinary General Meeting of the Company convened and held at 332-334 Lockhart Road, Kal Kwong Commercial Building, 2nd floor, Wanchal, Hongkong on355 words
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Advertisement349 1986-08-01 12 COMPANIES ACT (CHAPTER 1M) AND IN THE MATTER OP PORTHRITE PTE. LTD. (MEMBERS' VOLUNTARY LIQUIDATION) Notice Is hereby given pursuant to Section 306 of the Companies Act (Chapter 185) that the Pinal Meeting of the Members of the abovenamed company will be held at 503 Havelock Road #02-01, Teck Huat349 words
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Advertisement239 1986-08-01 12 NOTICE NOTICE IS HEREBY GIVEN that, I Ong Kim Teak of Blk 214, #*****, Marsiling Lane, Singapore 2573, have applied for a Retail Liquor Shop licence in respect of premises at M/s Evershine Mini Econ Supermarket at Blk. 311, #01-191, Hougang Ave. 5, Singapore 1963, and that this application will239 words
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SHARE INFORMATION
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Article, Illustration4076 1986-08-01 13 THE WITHDRAWAL of buy order* (or a handful of heavyweight blue-chip stocks during the last hour of trading caused the local stock market to end on a mixed note yesterday. At the clone, the Straits Times Industrial Index was marked4,076 words
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Article216 1986-08-01 13 SINGAPORE Rta# IndtoM hM Hw 220 410 rr- j" 625.62 622 11 YMS 234 -ft rrii lir'i-1 ***************6 S FMU 145 47 8T06/0S -112 CM6|»| 452 +6 fTCAOl -6821 -6816 CMkM so* 340+6 gT 06V -*****6 -I* 4 0 UM Cayi 166 *6 STMMtnth 746.30 741.94 0»y216 words
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Article2523 1986-08-01 13 BID and after prices officially listed «ad h «trees In and reported to the Stock Rirlaiy of Sims pore yesterday with the number of shares traded shown In brackets hi lots of IJM units unless uUmwlee specified. AD Time Settlement Contracts are quoted after the2,523 words
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Page 13 Advertisements
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Advertisement17 1986-08-01 13 }+[!^?&&/!?;$$.?>;_(:^&;?>+{.?- Training improves your nan Let BT show you how every Wednesday. BT shows you how every Monday.17 words
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COMPANY NEWS
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Article, Illustration859 1986-08-01 14 NAJEEB JARHOM - By NAJEEB JARHOM SEMBAWANG SHIPYARD'S impressive first-half performance on the back of improved shiprepair business should bode well for the other shiprepair groups such as Jurong Shipyard, Hitachi Zosen and listed Keppel Corp. And to some extent, the slight recovery in the general859 words
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Article106 1986-08-01 14 HONGKONG Alt Industrials Hongkong Index Thursday 1158.35Thursday 1788.3 Wednesday 1763.8 Wednesday 1153.61 Week ogo 1800 3 Week ago 1146.28 NEW YORK Hang Seng Index Thursday 1855.46 Dow Jones Wednesday 1847.94 Wednesday 1779.39 Week ogo 1836.00 Tuesday 1766.87 Week ogo 1798 37 TOKYO Stondord Poors Nikkei Average Thursday *****106 words
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352 1986-08-01 14 MBT IMPERIAL CHEMICAL Industries (ICI) is expected to finalise details of the restructuring of its interests in Malaysia by midSeptember. The restructuring, which was outlined in March, will leave the UKbased ICI with a controlling stake of 50.1 per cent ia theMBT - 352 words
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Article629 1986-08-01 14 Currant Ex Books Date Total for Totol for poymtnt dot* close payable Hie year last r«ar Alox Hldgs 5% Sep S Sep 12 Sep 26 5% 6% B Sembowong Boto 30%(|) Jul 24 Jul 31 Aug 22 30%(j) 20% 8%l Aug 13 Aug 25 Sep 8 8% 18%629 words
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452 1986-08-01 14 AMY CHEOK - Bee Hin seeks return of deposit for F N deal By AMY CHEOK BEE HIN HOLDINGS Sdn Bbd, a Malaysian property, manufacturing and logging company, is now seeking the return of a MJ2.78 million deposit which it had placed with lawyers for the acquisition of the Fraser A Neave group's452 words
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388 1986-08-01 14 MBT THE MALAYSIAN authorities are expected to put into force its revised Code on Takeover and Mergers in January next year. In the meantime, the Securities Industry Act (SIA) is to be amended to enable the takeover process to be speeded up.MBT - 388 words
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437 1986-08-01 14 RENEWED BUYING support helped selective stocks recoup Wednesday's losses to finish slightly higher at the Kuala Lumpur stock market yesterday. Gains were in the region of a few cents. However, some blue chips fell under profit-taking. Conditions remained quiet as investors kept a437 words
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Article231 1986-08-01 14 L Monogtt' prices tor Aug 1 Singipora Unit Trust The Commerce 0.82 0.88 The Sovmgs Fund 0.74 0.80 S'pore Prog Fund 0 33 0.36 S'pore Sec Fund 0.56 0.61 Spore Invest Fund 0.54 0.59 S'pore Equrty Fund 0.41 0.45 Aaia Unit Trust Mol Invest Fund 1.16 1.25 Mol231 words
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Article1798 1986-08-01 14 810 and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. NXJSTIUALS Apnomoto (2806) AMD (2926) Alcorn (686 695) (I) 671,798 words
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Article175 1986-08-01 14 HARRISONS MALAYSIAN PLANTATIONS Berhad: 10th AGM at The Theatrette, Ground Floor, Bangunan MIDF, Jalan Tun Razak, ***** Kuala Lumpur, on Wednesday, August 6, at 11.30am. FRASER NEAVE limited: 87th AGM at 475 River Valley Road, Singapore 1024, on August 7, at 10am. BUKIT 8EMBAWANG ESTATES Limited: 20th AGM175 words
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509 1986-08-01 15 NAJEEB JARHOM - By NAJEEB JARHOM THE CEMENT INDUSTRY on both sides of the Causeway is still in the doldrums as can be gauged from the latest results of Jurong Cement Ltd and Malayan Cement Bhd. However, Malayan Cement has managed to remain profitable in the509 words
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Article, Illustration523 1986-08-01 15 GENERAL CORP Bhd (GCB) has submitted an application to the Capital Issues Committee for a listing of its insurance arm, Malaysia British Assurance (MBA). Executive director Chan Cheu Leong said the move was in line with the group's policy of allowing its divisions to stand523 words
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Article1014 1986-08-01 15 Reuter LONDON EQUITIES yesterday opened mixed but with a slightly firmer bias in quiet trading. At 11.00 am, the FT 30 Index was down 1.8 points at 1,278.5 while the FTSE 100 Index lost 3.8 points to 1,562.5. On Wednesday, the FT 30 Index added 8.7 points toReuter - 1,014 words
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248 1986-08-01 15 UNITED INDUSTRIAL Corporation, which last week failed in its takeover attempt of trading group Intraco Ltd, is financing an $80 million (US$4O million) note issuance facility (NIF). The three-year credit facility will allow UIC to draw one, three, and six months bills, each248 words
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200 1986-08-01 15 Reuter. FAI INSURANCES Ltd of Australia, which secured a secondary listing on the Stock Exchange of Singapore in May, has received approval to list its shares on the Unified Stock Exchange of Hongkong. The shares will make their debut from August 5, theReuter. - 200 words
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566 1986-08-01 15 CHAN OI CHEE - By CHAN OI CHEE DAH YUNG Investment, the traditional gas manufacturer which announced a restructuring plan three months ago, has sold certain major assets for a total of $4.6 million cash. This has improved the company's liquidity position and substantially reduced the566 words
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Article, Illustration455 1986-08-01 15 THE ORGANISERS of the annual report award (ARA) are prepared to include the financial reports of companies listed on the soon-to-be-established second board (popularly known as the unlisted securities market) under a separate category in its yearly competition. The competition is jointly organised455 words
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190 1986-08-01 15 MALAYA TIN PRINTING has ft lot of answering to do Judging from the number of queries it received from the Stock Exchange of Singapore yesterday.' Firstly, the exchange wants MTP to explain why its proposal to acquire an 18.42 per centstake190 words
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Page 15 Advertisements
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Advertisement176 1986-08-01 15 This announcement appears as a matter of record only MONTE DEI PASCHI Dl SIENA MPS BANK ESTABLISHED K72 AS 50,000,000 Extendible Depositary Receipts due 1989/1992 issued by The Law Debenture Trust Corporation p.t.c. evidencing entitlement to payment and interest on deposits with MONTE DEI PASCHI DI SIENA (A Public Law176 words
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Article, Illustration414 1986-08-01 16 ANNA TEO - By ANNA TEO WITH PRICES of hotel rooms now within the reach of more visitors around the world, hotels should make a collective effort to aggressively sell Singapore on lowered room rates, Briga-dier-General Lee Hsien Loong said yesterday. "Why not take full advantage414 words
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464 1986-08-01 16 THE PRESIDENT of the Singapore Hotel Association (SHA) has suggested that the Skills Development Fund increase its support for approved training programmes by 20 percentage points not just for hotels but perhaps across the board. The SDF, said Mr Sonnie lien, could consider464 words
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Article, Illustration203 1986-08-01 16 THE NEW ADMINISTRATOR of the Development Fund is strongly tipped to be Mr Koh Juan Kiat, the deputy executive director (programme directorate) of the National Productivity Board. Although the appointment has not been made, it is believed that Mr Koh will be taking203 words
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Article, Illustration180 1986-08-01 16 IN SUBDUED SOFT-FOCUS setting, 10 businessmen sit around a huge long table engrossed in discussion. Ten waiters, with silk napkins in arm, stand raptly around. The small print at the bottom of the picture reveals where this sort of Quietly Attentive Service takes place: Sheraton180 words
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391 1986-08-01 16 Reuter THE BURGEONING US trade deficit revealed in figures for June is likely to raise new pressure in Congress for import barriers, according to economists. The U5514.17 billion June figure released on Wednesday pushed to U5583.92 billion the trade deficit for the firstReuter - 391 words
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Article54 1986-08-01 16 AFP JAPAN recorded a US$7.B billion trade surplus in June, the Finance Ministry said yesterday in a preliminary report. Japan had registered a record US$B.3 billion surplus in May. It had a surplus on current account of U557.64 billion in June, slightly down from,the U557.65 billionAFP - 54 words
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271 1986-08-01 16 AP, AFP TAIWAN and South Korea are likely to resist pressures from the US to further revalue their currencies to help redress their trade imbalances. Reacting to news reports from Washington that the US Treasury planned to seek such aAP,; AFP - 271 words
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Article157 1986-08-01 16 Reuter GOLD FUTURES Jumped US$9 to US$B higher on followthrough buying yesterday morning from a snap rally in London on renewed concern over the weak dollar. Spot gold soared US$9 to U*****.00 an ounce which took out the most recent high of US$357 set on JulyReuter - 157 words
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Article58 1986-08-01 16 Reuter US STOCKS continued climbing yesterday from the higher close on Wednesday, led by stronger technology issues. Semiconductor stocks were buoyed by a Japan-US trade agreement that is designed to raise the price of chips imported from Japan. The Dow Jones Industrial Average was four points higherReuter - 58 words
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LATE FILE
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Article48 1986-08-01 16 Reuter NEW ZEALAND'S Labour government yesterday announced plans to restructure NZ$7 2 billion in debts on money-losing energy projects. Finance Minister Roger Douglas said that the debts caused by the previous government of Sir Robert Muldoon were costing NZ$3.5 billion every year. ReuterReuter - 48 words
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44 1986-08-01 16 AFP THAILAND'S Democrat Party, which won 100 seats in Sunday's general election (or the 347-member Parliament, has asked Prime Minister Prem Ttnsulanonda to head a new coalition government, a move which effectively guarantees his remaining in office. AFPAFP - 44 words
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Article57 1986-08-01 16 AFP THE US' STEEL imports were 175 per cent down in the first half of 1966 from a year earlier at 10.7 million tons. The American Institute (or Imported Steel said that in June, the drop had been 27 per cent from the same monthAFP - 57 words
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Article51 1986-08-01 16 UPI JAPANESE bankers have agreed to help bail the Liverpool city council out of its latest financial crisis with an £18 million loan. The Labour Party council, which faced a £27 million budget deficit this year, has negotiated a "deferred purchase" arrangement with Yazudo bank.UPI - 51 words
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49 1986-08-01 16 AP THE US ADMINISTRATION is considering a plan to ban most foreign satellites from future flights of the space shuttle. The plan is part of a new effort to promote development of a private rocket industry outside the National Aeronautics and Space Administration. APAP - 49 words
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Article34 1986-08-01 16 Reuter BRITISH Prime Minister Margaret Thatcher's Cabinet colleagues yesterday endorsed her stand against sanctions against South Africa. "We are not in the business of sanctions," said a Thatcher aide. ReuterReuter - 34 words
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Article54 1986-08-01 16 AFP THE SOVIET UNION has called for a meeting of all Asian and Pacific nations to form a framework for dialogue like that resulting from the 1975 European Security Conference in Helsinki. The Soviet Embassy in Canberra suggested yesterday that Hiroshima might provide a suitable venue forAFP - 54 words
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69 1986-08-01 16 PRINCE Norodom Sihanouk, the exiled president of the coalition government of Democratic Kampuchea, will arrive in Singapore on Saturday for a fourday visit as the guest of President Wee Kim Wee. Prince Sihanouk's itinerary includes courtesy calls on President Wee and also meetings with Prime69 words
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265 1986-08-01 16 AP JAPAN has agreed to stop selling computer chips at below market prices in the US and to allow US chip makers a larger share of the Japanese market. US Commerce Secretary Malcolm Baldrige said yesterday that the agreement hadAP - 265 words
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Article457 1986-08-01 16 LUCY NG - By LUCY NG THE WORKFORCE in Singapore has become better educated over the past 10 years. A Ministry of Labour survey last June found that 5.2 per cent of Singapore workers had university degrees, an increase from 2.3 per cent in June 1975. On the other457 words
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189 1986-08-01 16 Reuter NEWLY-ANNOUNCED plans to integrate the economies of Argentina and Brazil are doomed to failure unless strong political leadership can overcome resistance from national interests, political analysts and economists said yesterday. Accords signed on Tuesday in Buenos Aires by presidents Jose Sarney ofReuter - 189 words
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Page 16 Advertisements
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Advertisement135 1986-08-01 16 I call Ardmore Park the United Nations of Singapore you really get to meet people who make you feel very much at home because they are all expat families, like us. Living at Ardmore Park also makes sense. You get a full range of country club amenities, an excellent Orchard135 words
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Advertisement6 1986-08-01 16 Shultz calls protectionism harmful, Paga 56 words
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Advertisement22 1986-08-01 16 Reagan urged to roacind ttltlW ptCI, rtjf 9 DRESS SMART N x VAN** yH > v i J Ol \N> i v W-"22 words
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Page 16 Miscellaneous
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Miscellaneous26 1986-08-01 16 1 ItPOft for 24 hours prior to 7.30pm on July 31 ot Hm oirAssociotod humidity r*lr Rainfall in miltimotros Romfoll this month Romy doys this month26 words
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SHIPPING TIMES
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310 1986-08-01 17 Seatrade Week A SUBSIDY reform bill about *io be introduced to the US Sen- late carries the endorsement of some major liner operators but is expected to face stiff opposition from the administration, smaller operators and others the way. T* The operating differentialSeatrade Week - 310 words
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367 1986-08-01 17 JUNE LIM - By JUNE LIM REGIONAL CONTAINER Lines is adding yet another link its fourth to the Asian feeder network. The Singapore-Thai venture will within the next week inaugurate a new service between Bangkok and Kaohsiung. Two gearless container ship, the 340-TEU Kit! Bhum367 words
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189 1986-08-01 17 AFP HONGKONG'S second biggest ehiping concern, the C H Tung group, plans to repay more than two thirds of its debts through debentures and the issuing of preference shares, a financial newspaper reported in Tokyo. Under the final restructuring plan, 42AFP - 189 words
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PORTSIDES
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Article178 1986-08-01 17 Reuter THE PHILIPPINES government cut the retail price of bunker fuel to 1903 pesos a litre tram 2.815 pesos, with effect from Wednesday, the Presidential Palace said. The reduction is the fourth this year. The last one was on May 22, when prices of all petroleumReuter - 178 words
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Article126 1986-08-01 17 MOORE McCormack Resources Inc, which sold off its liner Ntinm to United States Lines several years ago, is now completely abandoning the shipping bnstssss Moore McCormack's chairman and chief executive Mr James Barker, announced that the company was terminating its Lakes and ocean transportation business. Other126 words
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Article93 1986-08-01 17 Hyundai Merchant Marine and Hanjin Container Line have finally reached agreement on the reorganisation of their Far East/US Joint service on the basis of a space charter agreement effective September. Hyundai Merchant will replace its four existing vessels with five 2,200 TEU newbuilding while Hanjin93 words
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Article1076 1986-08-01 18 CHARTERING remained extremely slow on the London shipping freights market on Wednesday, although rates generally held steady near weak levela established in recent weeks. la an unusually quiet grain sector. Toepler paid a steady US$ll (Bo) for 25,600 ton from the Great Lakes to the Ant-werp-Hamburg range, while1,076 words
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Article899 1986-08-01 18 AB Shpg Accord Shpg V VI 5 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lmes X 4 Atlos Line X 3 ANL 1 1/2 APC Lme V 4 APL 2/3 ASCL i 1 Bolt-Canoda Line VI899 words
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1193 1986-08-01 18 Lloyd's List THE FATE OF ONE of the boldest moves in the history of the shipping industry, Mr Malcom McLean's investment in 12 giant containerships for a round-the-world service, is hanging in the balance. McLean Industries' two shipping subsidiaries. United States Lines IncLloyd's List - 1,193 words
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Article175 1986-08-01 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping AMRO(fTRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta175 words
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399 1986-08-01 19 Reuter HEAVY SEAS have caused serious problems at Iran's new offshore crude oil terminal in the Strait of Hormuz and operations have been scaled back only weeks after starting up, regional shipping sources said. Iran planned to ship crude oil fromReuter - 399 words
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171 1986-08-01 19 FT A GROUP OF Arab investors has shown interest in acquiring a large part of Normed, the bankrupt French shipbuilding group. The company was recently forced to file for bankruptcy after the French right-wing government decided to cut back subsidiesFT - 171 words
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340 1986-08-01 19 Reuter NEARLY 1,000 luxury liner passengers headed back to Miami port after being forced to temporarily abandon ship by a fire which injured at least 19 people. Their four-day cruise in the Bahamas was cut short by a day whenReuter - 340 words
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101 1986-08-01 19 Reuter OVERLOADING caused a ferry disaster in which 21 women shellfish collectors drowned, police said. The frail half-ton craft was carrying 30 people, triple its safe capacity, when it capsized in the turbulent waters of an estuary on South Korea's west coast shortlyReuter - 101 words
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166 1986-08-01 19 Reuter IRAN HAS released a Saudiflag container vessel and a Brazilian cargo ship, after inspection showed they carried no cargo for Iraq, Iran's navy commander was quoted as saying. Captain Mohammed Hussein Malekzadegan told the daily Ettelaat that the Saudiflag container ship A 1 Ass'sReuter - 166 words
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354 1986-08-01 19 Kingsley Wood - ■f Kingsley Wood AUSTRALIAN dock workers have reacted angrily to a fighting fund set up by the National Farmer*' Federation (NFF) to oppose some government policies and the activities of some trade unions, particularly those associated with the354 words
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67 1986-08-01 19 THE FIRST shipment of crude from China to Turkey under a new 500.800 tens contract has besn arranged lor loading at the end of this month. Details of the fixture have nol been dtsrtnsed, hot the tanker market has confli inert that67 words
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6161 1986-08-01 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.6,161 words
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Article1055 1986-08-01 25 AT CONVENTIONAL WHARVES P Sumatera Sawu MIA 01.8/1300 M48 01.8/2000 01.8/2300 02.8/1830 VMNi Berth Arrival Departure Shangrila M3B 01.8/0800 01 8/1700 KEPPEL WHARVES Susanna M4B 01.8/0700 01.8/2000 K27 alongside 01.8/1500 Union Unison IV M3A 01.8/0700 01.8/2300 Huangyun M4A 01.8/2300 02.8/2300 Niaga 14 Rema K24c alongside K17 alongside1,055 words
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Page 17 Advertisements
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Advertisement578 1986-08-01 17 Concise Comprehensive Contemporary o \TL* 10/1 s/9 \m u/9 nn 11/9 U/9 !M »/l !M nn 22/9 «/io s/11 7/10 2/9 27/9 9/19 19/19 12/19 '1/9 3/19 15/11 17/19 19/19 12/9 9/19 19/10 19/19 21/19 *T/S AT KM VM FUCU n mc i V'DLt f• St H T* *****11 TOO578 words
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Advertisement57 1986-08-01 17 mm THE FATE OF ONE of the boldest moves in the history of tho shipping industry, Mr Molcom McLoon's investment in 12 giont container ships, is honging in the bolonce. HEAVY SEAS hove caused serious problems at Iron's new offshore crude oil terminal in the Strait of Hormuz. Page 11157 words
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Advertisement415 1986-08-01 17 'I 1 THE HEART OF THE DRAGON sr. IV IS/1 (Ml 2222/1 imi 2*21/1 MM I SVI (Ml MAERSK LINE i i i TT.T: I i ttrrr T* cr i:*i i 4 .a 1 Vor EXPORT TO USA. EAST. WEST AFRICA A ASA 00 mooo VI 2VS M/l aa 2*415 words
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Page 18 Advertisements
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Advertisement303 1986-08-01 18 iZE Supercarner Service %-Wt 14/1 12-IV* U/> IH3/1 U/9 ErWViil! C. AME i 1 M/» n/$ 23/» H/t a/> »/> 2/w 22/11 M/M »1» H/W Gearbulk To NEW ZEALANO NEW ZEALAND SERVICE jj jjj jjjjjj jj Od 23 lOct 2S lOri 29 M |W 1* I l/lVUJ™'* iu/j La£Ej CONTAINER303 words
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Advertisement1073 1986-08-01 18 cV x SINGAPORE SELCO FLEET > S <V S J «<* 1 Mu#f»n VAST FLEET PREVIOUSLY ENGAGED IN INTERNATIONAL SALVAGE AND OFFSHORE OIL OPERATIONS Tug 1500 WP Smot Sen* 28 85x7 90x3 50m GT*****. NT 1101 Bd Ml 6 km FuHIS lanattw LSACat 13 param Man wgn One Yamar 61,073 words
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Page 19 Advertisements
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Advertisement653 1986-08-01 19 Jgp The Straits Steamship Group <mG Mansfield Container Shipping Pte Ltd OvtrMM Containers Limited STRAITS SHYING filnQipnfi to Sabah, Sarawak, Bruno* Porta and Bangkok !)N r AiNlßSrllP SERVICE 10 JK CONIININt IVm rta 27/9 29/9 94/1 95/9 12/9 13/1 M/l 21/9 27/9 21/9 •5/11 99/19 14/H 15/19 29/19 21/19 21/19653 words
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Advertisement612 1986-08-01 19 Franco Belgian Services MFMBEROf ACT CONSORTIUM, rraK pjsum u Mmr** p»m mm m bM (21 M) UM| »M| 21M| 2JM| »M| 21 M| (h(MN) »N 271* IN HM| 2M* imaim is* 2s* is# «m» 7s# m Sh|(UhD I faH IS* lib* US* 14 h* lfS* jM Bfictets c*r> to/tan tnnlapM612 words
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Page 20 Advertisements
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Advertisement204 1986-08-01 20 yj W MT m Hapag-Lloyd 10 CONTINENT UK EXPORTS w 1/11 VII VII 11/11 vi• a/i VI v» 11/9 12/9 »/9 21/9 a/9 q/9 VII VM IVII 14/11 a/ii 21/u a/ii a/ii vu 7/11 IVU 14/11 a/U 22/11 hEnpi ffn HMilWnli*nan CMMMMI MM MHH I'M* IVI 1V» 13/1 81/1 19/1113/11-204 words
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Advertisement474 1986-08-01 20 FULLY CONT AI N ERISED SERVICE TO tUWMPI Via M mh 1 ltl FROM tJROPf VIA SIH/ *<«•«"<" 1 ,h s (21/ D u/» nn t*/t (21/1) 2S/I 30/8 31/1 3/9 «/i KPTWK CRYSTAL 3SE I OKA* OMRS 271 I.T 'i oc* mum a km mum me CONVENTIONAL SERVICE 10474 words
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Advertisement225 1986-08-01 20 OL flat Sun Hup Co (Pic) I tii TEL .'2O J9i)t> 120 Lines) TLX RS 2?f>M iS 206/2 I \S I I K\ \R I IN! k III) STRAITS/JAPAN/STRAITS SERVICE SPFCIfII IST IN RO-RO K WAVY 1 IF IS Pl "1T I INTERMARITIME LTD ttvta (3* IfMO M REUMON/SOHTH AFRICA225 words
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Advertisement625 1986-08-01 20 o EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) l/l U/l (VI IVI u/« ivi ivi a/i a/i ivi an an Wt 1/12/14/1V» U/l u/l U/l ii/» ivt it/i ivt iia a/» a/» a/i 1/1 U/1 U/1 ivi ivi a/i a/i a/i a/i a/i vm VM 7/M 11/ M U/M625 words
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Page 21 Advertisements
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Advertisement759 1986-08-01 21 PACIFIC INTERNATIONAL LINES \V VW\. PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE MAJAPAHff QOWA HOT* SBMA SIN JKT SBV SIN Wl tvi Wl 17/1 21/ a tut tut tut t/o i/o s/s •TCH TAICHUNO *MUR HKO KAO *TCM KEE BUS 'MUM *HTC VOK759 words
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Advertisement633 1986-08-01 21 BENLINE CONTAINERS AMEX SERVICE FROM IK/COKTMIfT 27/< a/i s/i v» IVI u/i M/l 21/1 27/1 21/1 Vl* VM 13/11 14/11 M/ll 2VII 27/1* 21/11 CONTMNEK SERVICE TO UK/CBWTMMT miOIIMM NMK STOH PRIME STME FOR I M i/i l*c. 14/1 l«/l M SJM l« 2/1 122/1 24/1 City M bM SjM633 words
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Advertisement407 1986-08-01 21 SINGAPORE TO EUROPE stom mm mm I KSSI 1-V« 24/1 i. rww* fine vt 12/9 IV9 S>«* HbM A'4m/T4w An/INM Pft CAM* wt-ld 23-2V9 I 1/19 «/M 9/14 STBK I MHO •TMM/TMN tTHK VI BKTMC I a/I I 17/11 21/11 23/19 29/11 I STOK IWO CMM/rMM tTHK -OaJMPtM 2-4/9 1/11407 words
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Advertisement244 1986-08-01 21 BOUSTEAD SHIPPING AGENCIES neons (M>MW TIME 6TH VMM fMM *IW£ V* BURMA FIVE STAR (Burmes# National Um) LmfcH for laipoi S'para Plata* Paaa* i/2 km vii* k Part/3 km vu km vs a* 17/21 ivua* BANK LINE MOtTHBMD TO MIC SPOK MMM Mfti MX TAUSALA SAMOA *7 7/1 9/9 18/9244 words
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Page 22 Advertisements
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Advertisement1101 1986-08-01 22 w M K LINE KAWASAKI KISEN KAISHA. LTD. USA CANADA tTLMITIC COAST (Round Tho World Sonrico) N. MOE V 3 0. MMSTEK V2C o. man m S» 1 NHDGE V3K/VEMA2MO 3 fin EUMPC (VU SIKZ) PACIFIC SOUTH WEST PACIFIC NORTH WEST MODO VS. T/S POM LA/IB OAK MOTTO VSL T/S1,101 words
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Advertisement573 1986-08-01 22 AUSTRALIA EXPRESS AootopMwg FCUfCI ndt' P U«| Lm ira* TfrnT to* fraa Sf* Abo Acapto lAMDAS V 24 8 A«c UMOAS *24 10 fa* 25 A* 3 So* 1 Sort MH/Brs 17 Au( CHAWOAS *21 2 1 7 Sort 26 S(|K snam« y; us* habbuas 21 s* t Oct is573 words
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Advertisement463 1986-08-01 22 GOLDEN LINE GUM GUAM sxrrwe (TIE) LTD UIMtH jaUPOK MM IB.: MUM <U LB) rMa^NuMi STRAITS/PERSIA* GULF SERVICE: QOUBI —a Cull ■*!/***>/!*■» o*xxn 11/12 »m Oak* /Mm SOLDO mm Uombo/IKridii/Oika/bkrM.' lUtwart 24/21 1 lAk'Ji.'.LliLlll. 1 1:. ll<rHi l/i z/i 22/1 2V« 22/1 ZV* 1/1 2/1 QUAN OUAN SMPPMG SOIL BHD.463 words
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Advertisement298 1986-08-01 22 BREAKBULK SERVICE TO EUROPE/UK rpm P. Mm Lh*| tarWJMO CMEER mm\* hNrt aOT/MOm (MM) ■nuMOHMii 14/1 wf/mtm (MOQ/VK PHILITnON SHIPPING AGENCiES PTE I TD TE L ?2iBf,?? (8 l INF S) TE I E X RS ?87?0 PHIL I a/is v» VI u/t 7/» 1V» m El r EXPRESS FCL298 words
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Page 23 Advertisements
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Advertisement575 1986-08-01 23 SLNOL i NEPTUNE ORIENT LINES LTD sW. torm memoes Pit U Cfs BOOWKS 271W77 '*****3 *****42 mn sua zauu |M MQMM, OOMO erf 2717M4 kpim am M. immw/immm/smmu/smtim KMC SOIL M. W771/ZWUVWtoS kpim SML M. IMM/O»WS/M7MMI7MI/K7M2 FARfAST/EUROPE FULLY TO EUROfC/UK (VIA SUEZ): Tpjumi rp« TW MDQ 33>+— I (4/1) 6/1575 words
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Advertisement246 1986-08-01 23 ->i*< JNI' N( F'T'IMI IGI N'll S Pif Tl> irl >.V '.fM 1 Him 18 /.'UVM lnnai.il I>. IMI .VO.-'iH .lIS Ml lUh MINIS M l>« SCN MM" m i-: iov<t PK M lhdf'l f'th Irl i. i *i jf V t CEYLON SHIPPING CORPN National Line of Sri Lanka246 words
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Advertisement437 1986-08-01 23 SINSOV SINGAPORE SOVET SHPPMG CO PRIVATE LTD SMSOV BUUNNG 55, Market SM Seaport 0104 T* *****33 (15 Um) Ti Cable Address SMSOV SMGATORE Tain Numbers RS ***** B ***** IS ***** p KELAN6 M/S MMRRUT MM MM SON. M. IST MO 2ND FLOOR. NO 1. JALArt CEMPENMG. PORT KLANQ. MALAYSIA437 words
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Page 24 Advertisements
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Advertisement343 1986-08-01 24 (t *****' REGIONAL CONTAINER LINES (5 WEEKLY SAILINGS) II r J I 1 IPf ml 1 "i "IPT7TI E2EH1221 Idinznu BSQiiQSiZiBDDESSI i —lei m ryra rr/n 1 m r-Tm twn lilVlii!li!LLlJl>i "1 rm rrrm n Lai cTn rrm m i \w r^n tut MALACCA STRAITS FEEDER SERVICE IWCE WEEKLY TO343 words
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Page 24 Miscellaneous
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Miscellaneous164 1986-08-01 24 ifcil fs Regional Weather ii (2 I e JLU, r% SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORMNG. V* Wind direction with speed m knots Wove height LEGEND: P Temperature V 1 1 nona rsTorrn Weather V Wind direction with speed m knots V Shower r) Rain Wove164 words
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Page 25 Advertisements
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Advertisement78 1986-08-01 25 TTr^TTT tmtmm K UMPUt CZJ P. KBJMG MBS© ffl LEOMPSrat BUM LAUT, JKT *****U/*****56/*****48/*****93 *****11/4 TOtMPML XIS3SI/2 €*****/(*****/C*****/&***** *****3/*****5/*****1/*****0 22SSSI/*****5/*****5 *****22 *****4/*****7 FAR EAST/EUROPE CONTAINER SERVICE 11 'MFTTTTM II •"•■rrirrM ii a/ ■nrr I nil ITTTTTTT—• I prj rri ft— gy a i irriFBIMITrTMr-WITTILIJMIIIB irTTrwTTTMMn^imrTTTi ISZBEIHEDI 11 ■rrriiTTM inirTßU'BiiriFiri' ".TTTTTTM78 words
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Advertisement215 1986-08-01 25 BOMBAY EXPRESS FCL LCL SERVICE r A PT.v Ltd ,s lr ti-i S<lf bt.l mM'W i.I.M d ;l'i W *M!ME VESSEL CHOLAN GANGOTW TRANS OH eta saajs WTAim s/t swoe/imoms/calcutta 5/1 STOK/MMKAS/SOMBAT 10/1 sraC/MMMS/ItfIKOHN MTOMVE AfiOKES PTE LTD #2249 MTEKNATDNAL PUttA SP(H 1217 TEL 22U5M TLX: 2MM LIZENA PTE LTD215 words
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Advertisement590 1986-08-01 25 ■ir ii TAIWAN TO! WRECT WEEKLY TO PORT •AT ATTRACTIVE 7T7TI 3 *-1 "r*r^ ocean am. mmwe cor rn ltd *****11 (S LMS)/33KM9 (Onct) 190 WOLI DOM) #14-06 FORTUNE CENT* SMGATOPE 0711 MEMM SMPfK A TRMMC 00 SDN M> TEL 71M711 |if 1 M J ACC&TMO B/MJLK, LCL ft POL590 words
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Page 26 Advertisements
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Advertisement297 1986-08-01 26 HK-LMB SMPPM (SI PIE L'(V TEL: *****82, *****82, *****82 TLX: R*****1 FUNER ACCEPTING FCL, LCL ft C CROSS WATER ra La v Slt/MEL/RRR/MKL usa/canmm pans fii r < ii.i ui EVKVE/W FORTS MMW/TMHMI KMT F pr.v>> NKQUUMTH FO/ia TO: CONTfL OERVICI cm 1/8 2/t m V« «/t MN Twktf li297 words
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Advertisement181 1986-08-01 26 jk 77 MOl BEACH ROAD #1»-81 PTE LTD TIL MO. ttr\tn (3 UNttj TLX NO. RS ***** MEAI>CO >1 VI im vttai tai u/u* *4 tt/»A« a/27* >Vr4 y:r "r*r 3S* P T UNfTFD SHIPPING ORGANISATION LTD JAKARTA OWNER'S AGENTS HANGLi SMPPMG ft TRMNN6 PTE LTD. l I :4 M181 words
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Advertisement426 1986-08-01 26 1* C.Y. LINE (A Mwwbif Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUU.Y CONTMCRBED SERVICE TO EUMK fIM SUEZ) IV* tut n/t Itan* NmMm Vtaa ImWm| zut rut nrt mn tutt/i V* Vt V* |/t 7/* V* VI V* IV* IV* iv* a/* 17/* a/* a/* a* FULLY426 words
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Advertisement375 1986-08-01 26 Everett Lines COMPANA PERUANA DC VAPOKES (CM.) "PERUVIAN STATE UNE" lot** tor CMm mtrnm Nnnwe pom w*k a On CPV Thrown Ml d U*« to totf iutrtli f 11/12 Ai f 22/23 A* 1/3 S# "EVERETT ORIENT UNE" WAH/BAY OF BENGAL/JAPAN SCMCC LOAOMG FOR HONGKONG*, YOKOHAMA, KOBE, NAGOYA. MOT AND375 words
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Advertisement100 1986-08-01 26 ZIM ""I rn to uu UK i '"H 1 nrn 30 :H [it 1! Pwl F S/V*l IW* OAT WW I X/lm GOLD SI AH LINE TTTTrJHi. 1 Ji.i 1 wmm im E3L"I ■*< 3E2 ggmigy rr ■I wpping privete imitod REGULAR LINER SERVICE mm mn. vi VI VI. 12/1100 words
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