The Business Times, 4 August 1986, 11
1986-08-04
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26
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The Business Times
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Title Section12 1986-08-04 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, AUGUST 4, ltM 75 CENTS12 words
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397 1986-08-04 1 WOMEN WHO CAN afford to have more children will be encouraged to have at least two, and a committee is now being set up by the government to look into ways of increasing Singapore's population. First Deputy Prime Minister Goh Chok Tong yesterday397 words
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656 1986-08-04 1 ALVIN TAY - An increase in market share to 30pc at end-1985 By ALVIN TAY CREDIT POSB more than doubled its housing loan portfolio to about $1.1 billion during the two years to 1965, continuing a trend which has seen it enlarging its market share656 words
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176 1986-08-04 1 OCCUPANTS OF 46 units of pre-war shophouses along Tanjong Pagar Road are to be evacuated. The Urban Redevelopment Authority (URA) announced yesterday that the shophouses, in an area bounded by Tan jong Pagar Road/Tras Street/ Wallich Street Gopeng Street, have become structurally unsafe176 words
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503 1986-08-04 1 LIM SOON NEO - By LIM SOON NEO THE ONCE familiar silver, red and black buses of Tay Koh Yat Bus Co Pte Ltd may have been forgotten, but the company is not gone. Not yet, but it will soon be,503 words
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312 1986-08-04 1 EVEN CREDIT POSB, whose borrowers are mainly individual home-owners, was not spared the need to make a bigger provision for doubtful loans in its 1965 financial year. The higher loan provision, together with a higher corporate tax, were the two main reasons312 words
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380 1986-08-04 1 Malaysian; Election* D 6 POLLING in Malaysia's seventh general election went on smoothly and no untoward incident was reported as all polling stations across the country closed by 6.30pm yesterday. Election Commission chairman Tan Sri Abdul Kadir Talib said in Kuala Lumpur380 words
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Page 1 Advertisements
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Advertisement119 1986-08-04 1 Need a car or truck loan? (All WwiOONG 737-7977 LFI Wby fbong Mortgage And Finance <S) Ltd A wholly-owned subsidiary of Hoogkongßank 6 Claymore Hill (NI3-00. Claymore Plaza. Singapore •JI r L 1I I H I I ■■I ill. Sony's New Portable Video Projector Now with a 50% improvement in119 words
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Advertisement253 1986-08-04 1 Karen Hoisington (below) has gone delightfully potty, MONICA GWEE discovers at her latest exhibition at Arbour Fine Art. Collectors of her quirky paintings will find the latest show "out of character Page 9 '[)]~<']);&`$..+&{}<@=_+_$"_")? MARKET REVIEWS MONEY A EXCHANGES LETTER AIRCRAFT SCHEDULE CROSBWORDS TV A RADIO RRtSTOW DOONESRURY THE SINGAPORE253 words
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Advertisement190 1986-08-04 1 WC* i The line to poster advertising WELL-KNOWN media contractor Pearl k Dean ha* won the keenly-contested, multi-million dollar contract to provide consultancy and sell advertising space in Mass Rapid Transit stations. While this represents another feather in the can (or the company, what will be the impact on poster190 words
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MANAGEMENT
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Article, Illustration1034 1986-08-04 2 TSANG SAU YIN - The Singapore Institute of Management has been training and developing management skills for over 21 years and it seems like a good time to take stock of the situation. What will be its challenges in the years ahead? Management Correspondent TSANG SAU1,034 words
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502 1986-08-04 2 NYT AFTER 18 years as a Sears executive, Steven Mishket launched into the awning business in the entrepreneurial tradition with lots of enthusiasm, not much cash and a dread of bank loans. He had substantial experience in management, but none in manufacturing or marketing.NYT - 502 words
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Article, Illustration787 1986-08-04 2 MONICA GWEE - By MONICA GWEE SHU UEMURA (pronounced Shoo 00-a-moo-rah) customers sometimes turn up at his beauty boutiques dressed to kill but with "naked" faces. They then sit down by his tester units and proceed to paint on an appropriate (ace for787 words
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715 1986-08-04 2 UPI A FUTURIST might seem an unlikely candidate for a consultant to the corporate world, where boardroom decisions often are rooted in unshakable commitment to past practices. But Leon Martel, a futurist and political scientist who specialises in forecastingUPI - 715 words
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Page 2 Advertisements
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Advertisement154 1986-08-04 2 At the Boulevard, we do our utmost to accommodate every taste. I I 3 1 i PI 30 I i» v A> vV f&V r v: C v ItMI »N ,v*. 't i I v r f i. f; Rf tmm+m The contemporary chic of the American-style Manhattan Grill. The154 words
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Advertisement51 1986-08-04 2 From this wMk onward#, Frontiers will appoar as a full pagt on Friday. f FACTORY FOR LEASE Rental: 60$ per sq.ft. AREA: 10,000-60,000 sq. ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Interested parties please call51 words
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ADVERTISING & MARKETING
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Article, Illustration1275 1986-08-04 3 ANNA TEO - Pearl Dean on track with its MRT deal The contract to provide consultancy and sell advertising space at the Mass Rapid Transit stations will be signed this morning at the Westin Plaza. Representing Pearl Dean Re Ltd, which clinched the multi-million-dollar deal in June, are Charles Daniels, chairman of Pearl1,275 words
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COPY LINES
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Article181 1986-08-04 3 MOJO Australia and Monahan Dayman Adams (MDA), two established Australian agencies, will be merging to become the third largest agency in Australia. The planned merger was announced to the Melbourne Stock Exchange on July 23. MDA was the first Australian agency to be listed on the181 words
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Article148 1986-08-04 3 DYR Inc. a joint venture between Young Rubicam and Dentsu Inc, has started an advertising company in Beijing in agreement with China International Advertising Corporation and China United Trading Co of the People's Republic of China. The new agency, DYR Advertising Co Ltd, began operations on June 1148 words
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Article101 1986-08-04 3 SSC B: LINT AS will be organising advertising clinics between Sep 14 and 19 in Singapore. John Ormerod, a retired advertising man who has become a consultant and lecturer, will conduct the clinics. The first clinic will be for more than 20 Lintas account management and101 words
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Article, Illustration173 1986-08-04 3 BEATRICE Foods hss launched Chine's first Americen ice cresm shop (sbovs) in Gusngzhou. Using the Meedow Gold brsnd name, the prototype store hed s soft opening recently. The stors's sntirs design system was developed by Landor Associates, a US design and imsgs consultancy firm which173 words
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Page 3 Advertisements
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Advertisement490 1986-08-04 3 5i.... i Surface Interpolation yst ooo 50.000 25.000 t <s "ft > vJ v Si v. L s»® /y,v u SS^VVa r >. SSSSp m m m SS*« 388 SSI. IS tt m« > MS f w sft ss as 18 ss v\ V^L feS <r«i ;*?s *3* V Over490 words
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ASIA-PACIFIC
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613 1986-08-04 4 SHAHRIR ARIFF - By SHAHRIR ARIFF TRENGGANU police chief Norian Mai averted a clash in Felda Bukit Bading, about 50 km from Kuala Trengganu, between the United Malays National Or* ganisation (Umno) and Parti Islam se-Malaysia (PAS) supporters on Saturday. 1 It all began when a few hundred613 words
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297 1986-08-04 4 AP L, SHE ARAB LEAGUE has Mceumeaded that member Countries allow foreign Companies to form Joint ventures with Arab compares baaed in Israeli-occu-pied territory. S The recommendation has adopted by the Arab league's Boycott of Israel inference last Saturday, ■fed was seen asAP - 297 words
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196 1986-08-04 4 Reuter BANKRUPTCY, taboo in ■tost socialist societies, us been described by a nkr Chinese official as |S inevitable and progresJfrve practice that will fcfske state-run enterprises Jwrf competitive. Yuan Mu, the deputy picretary general of the apvernmeat's central financial and economic leading group, last Saturday defendedReuter - 196 words
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183 1986-08-04 4 Reuter JAPAN'S economic growth will slow down in the 1986/87 fiscal year ending next March from the 4.2 per cent rate in 1965/86, says the Bank of Japan in its latest quarterly bulletin. Although the possibility of a sharp economic downturn cannot be ruledReuter - 183 words
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172 1986-08-04 4 Reuter THE BUSINESS Council of Australia has called for a 1906/87 federal budget deficit of about As 4 billion with no growth in real outlay, and similar restraint in the next three years and by state governments. Wages and superannuation claims must beReuter - 172 words
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Article, Illustration422 1986-08-04 4 AP THE TAIWANESE government last Saturday denied that it had reneged on an agreement to implement more favourable custom tariffs on US imports. It believed US President Ronald Reagan might have acted on a "misunderstanding" when he ordered retaliatory steps to gain easierAP - 422 words
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218 1986-08-04 4 AFP INDONESIAN contractors reacted Indignantly last Saturday to a business leader's assertion that paying kickbacks to government officials for building tenders was not only normal but morally acceptable. The statement by Harsono Badai Samodra, the chairman of the Indonesian Business Association (GAPINDO), appeared inAFP - 218 words
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Article, Illustration675 1986-08-04 4 Reuter JAPANESE graphic designer Hajime Mizuno wanted his new Mercedes Benz to have tinted windows so that no one could see him driving around town. His wife rejected that idea because she saw no point in paying for prestige andReuter - 675 words
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Article793 1986-08-04 4 ARRIVALS Operator Scrvico numbf Local timo Fro* SIA UA SIA MAS SIA MAS MAS SIA SIA CPA RBA GIA OA SIA SIA THAI SIA SIA MAS GIAMAS GIA SQI17 UA805 SQ4I MH68I SQ45 MH8II MH671 SQ43 SQI 03 CX710 BM21 GA960 GA7117 SQ105 SO 201 TG403 SQ191793 words
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Page 4 Advertisements
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Advertisement108 1986-08-04 4 New& improved for enhanced wearing comfort Zeiss metal and optyl frames are built to fit your face securely. Without feeling like a clamp on your face; without leaving annoying pressure marks; and without sliding and irritating the skin.We've made sure that all parts of the frame which come into contact108 words
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Advertisement21 1986-08-04 4 For your complimentary copy of THE ASIAN WALL STREET JOURNAL. Tel: *****13 *****04 DAK Marketing Services Pte Ltd (Authorised Subscription Agent)21 words
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REST OF THE WORLD
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380 1986-08-04 5 Reuter PRESIDENT Reagan criticised Congress on Saturday for passing what he called "destructionist" legislation setting quotas on textile imports and he urged the House to allow his veto of the bill to stand. "High trade barriers, what is often called 'protectionism,' undermines economic growthReuter - 380 words
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Article, Illustration245 1986-08-04 5 Reuter US TREASURY Secretary James Baker has warned congressional tax-writers that proposed major changes in US income tax > laws might override international treaties and invite retaliation. Mr Baker expressed the concern in a letter to the Democratic chairman of the House WaysReuter - 245 words
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113 1986-08-04 5 Reuter A GROUP of Latvian youths who ran an underground T-shirt company to meet consumer demand for Western-style clothing outstripped competition from the state clothing industry, an official Soviet newspaper said on Saturday. Sotsialistlcheskaya industria said the youths, who painted non-Russian slogans and affixedReuter - 113 words
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277 1986-08-04 5 AP A LONDON newspaper poll published yesterday found that 56 per cent of South African whites favour the release of black nationalist leader Nelson Mandela "either unconditionally or if he renounces violence". The Sunday Times said the nationwide survey alsoAP - 277 words
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409 1986-08-04 5 US needs Fulbright programme founder AP [THE FOUNDER of the 'Fulbright international student exchange programme said last Thursday, on the eve of its 40th anniversary, that Americans needed the programme more than students from other countries. Former US Senator William Fulbright told reporters that Americans needed the programme to "modifyAP - 409 words
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583 1986-08-04 5 FT MAJOR WESTERN industrialised countries, such as West Germany and Japan, will have to absorb an increasing share of the trade surpluses of developing countries if these heavily indebted nations are to meet their interest payments. This is one ofFT - 583 words
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121 1986-08-04 5 Reuter THE FIRST three state-owned groups to be sold off under France's ambitious privatisation plans will be a bank, a finance bouse and an industrial concern. Finance Minister Edouard Balladur said on Saturday be had not finally decided which particular groups wouldReuter - 121 words
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Page 5 Advertisements
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Advertisement21 1986-08-04 5 -a- t AMIJ >■- I 0 C xo J Cj S v CAMUS XO ((K iNA( W XO AT ITS BEST r21 words
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Page 5 Miscellaneous
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Miscellaneous51 1986-08-04 5 Doonesbury BY GARRY TRUDEAU S3 J m rr PfPW "MS IS SM LYPtA STr, 7 Jm I p!\ i m n W ii vKi 4i S* ts i 4L S. A 7 V a r 17/ I \m w r V. s. rr if, nlb i Mili s k JBP^i^Lfv51 words
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BANKING AND FINANCE
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347 1986-08-04 6 UPI TIfE BRAZILIAN government is committed to negotiating a US$lO billion annual interest payments cut on its foreign debt to allow for more government spending in social programmes. Finance Minister Dilson Funaro, in Buenos Aires last week where President Jose Sarney signed economic cooperationUPI - 347 words
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112 1986-08-04 6 AP THE ASIAN Development Bank is giving less money to developing countries, while private sources are providing more and more assistance, bank economists have said. An ADB report said only 41 per cent of development assistance to the countries came from the bank inAP - 112 words
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354 1986-08-04 6 FT THE PHILIPPINES has reached broad agreement with the International Monetary Fund on a new economic package totalling about US$5OO million which will be used to help ensure growth in the economy in the next 18 months. The package, which was workedFT - 354 words
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123 1986-08-04 6 Reuter INDIA may soon float a new fund to channel cash from foreigners and Indians overseas for investment in India. Finance Secretary S Venkitaramanan said the proposed fund is likely to be floated in the US. The government had been encouraged to consider aReuter - 123 words
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443 1986-08-04 6 Reuter THE LUXEMBOURG government has announced a range of tax cuts designed to ease the financial burden on banks, businesses and individual taxpayers and to stimulate the financial market. Prime Minister Jacques Santer, unveiling the government's draft 1987 budget, said he would cutReuter - 443 words
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MONEY AND EXCHANGES
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Article371 1986-08-04 6 Green Collier THE RELEASE of data showing record trade surpluses enjoyed by West Germany and Japan in June against rising trade deficit in the US was the prime mover of currencies in the past week. Simex/IMM September yen Jumped 179 ticks over the week.Green & Collier - 371 words
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252 1986-08-04 6 International Discount Co THE OVERNIGHT rates last week opened firmer with rates being traded (ram the opening level of 4-1/8 4 per cent to 4-1/2 3/8 per cent. Overnight rates remained steady to close at 4-1/2 3/8 per cent for the week. ThereInternational Discount Co - 252 words
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194 1986-08-04 6 OCBC IN THE beginning of last week, the US currency took a tumble on technical trading and prepositioning amiii m/mnrtng pessimism on US merchandise trade balance It continued to drift lower when a U5514.17 billion trade deficit and a 0.3 per cent decline inOCBC - 194 words
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Article, Illustration507 1986-08-04 6 Mutes *n mrtf« af Vm pram la"** rata af 12 m)ai HA o* bonk* at rtw do* of bttUMM on Friday, Aug 1 es suppii«d by tha Association of Bonks in Swtoaoor* BANK PL* Algemene Bank 7* American Express Bank 7V» Am'Dom R'terdom Bank 7*4 Arab Bonkng507 words
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Article260 1986-08-04 6 Asian market ASIAN currency overoge deposit rotes for the week ended Aug 1 WO PC ICES US 7 day* 1 month 6 1/2 6 3/8 6 1/2 6 3/8 2 month* 6 1/2 6 3/8 3 months 6 1/2 6 5/16 6 month* 6 1/2 6 5/16 9 months 6260 words
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Page 6 Advertisements
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Advertisement184 1986-08-04 6 •1 > t Revolvi Mvingu Facility. Credit The ability to raisecreditexactly j when you want it, with no restric- S tions on how you use it, is a valuable business tool in times v like these. You get financial 1 muscle and complete flexibility. 1 DBS Finance's Revolving Credit Facility184 words
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SPORTS
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Article, Illustration452 1986-08-04 7 TAN AH PENG, riding a wave of success, partnered Pradeep Malakar to win the Puma Circuit '86 second leg doubles championship at the Kallang Tennis Centre yesterday. The fourth-seeded pair of left-handers beat Malaysians Yeoh Kean Wah and Chang Siau Ham 6-4,452 words
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233 1986-08-04 7 AP SECOND-SEEDED Thierry Tulasne roared from behind after a rain delay to rout Jimmy Arias in straight sets on Saturday to join unheralded Karel Novacek in the finals of the U*****,000 DC Tennis Classic in Washington. The Frenchman stopped Arias, 7-5, 6-0,AP - 233 words
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223 1986-08-04 7 AP JACKIE JOYNER capped a sensational month in her best year of heptathlon competition last Saturday by setting a world record at the US Olympic Festival. Joyner collected 7,161 points in the seven events to shatter the mark she set at the goodwillAP - 223 words
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468 1986-08-04 7 UPI FRED COUPLES and David Frost survived dried out greens at Butler National on Saturday to share the third-round lead of the US$5OO,OOO Western Open. Couples, a co-leader after two rounds, stayed on top by shooting a one-over-par 73 for aUPI - 468 words
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Article, Illustration626 1986-08-04 7 WALTON MORAIS - Beats younger brother on countback to clinch Sembawang title By WALTON MORAIS M BALRAJ won his first tournament of the year and his first Open title on home soil but then spoke of it as if it was Just one of those things that happens626 words
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Article, Illustration514 1986-08-04 7 BRIAN MILLER - By BRIAN MILLER HE LOOKED the most unlikely candidate in the Pesta Sukan Cup field of 16. To start with, he was eight years old the oldest horse in the line-up. His last win was more than a year ago. He had never won514 words
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221 1986-08-04 7 Reuter THE BRITAIN-IRELAND golf team ended 26 years of US dominance of the Curtis Cup competition on Saturday by wrapping, up a sweet 13-5 victory. Belle Robertson of Scotland, at SO the oldest Curtis Cup player in history, made the shot thatReuter - 221 words
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Page 7 Advertisements
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Advertisement103 1986-08-04 7 GET THE r* ESOME BREAKFAST —McDONALDS—BIGBREAKfAST GETS YOU MOVING Packed full of wholesome goodness. There are two scrambled fresh eggs. A patty of pure pork sausage. A buttered, toasted English muffin. And McDonalds golden Hash Browns delicious! Just like our .world famous fries. McDonalds Big Breakfast Big on taste. Big103 words
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FEATURES
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993 1986-08-04 8 Letter to the Editor Dear Bhr, It's going to be that time of the year again. The nation's (supposedly) finest hour our National Day. Politicians, organisers, performers, sponsors, advertisers, and a whole load of enterprising businessmen are currently at it: each telling993 words
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Article, Illustration1703 1986-08-04 8 FLORENCE CHONG - Arbitration court requested to abolish holiday wage loadings In the face of the country's increasing economic problems, Australian employers are becoming bold and militant themselves. The Confederation of Australian Industry is set to contest the rights of Australian workers to be paid extra while on holiday1,703 words
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Page 8 Advertisements
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Advertisement156 1986-08-04 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 in156 words
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Advertisement68 1986-08-04 8 BT wilcomM letters from readers. Your letters must include your signature, full name, address, and homo and office telephone numbers, if any. You may add a pseudonym, if you wish Address your letters to: The Editor. Business Times, 390, Kim Seng Road, Singapore 0923. 16 PLAY GOLF THE SEYYY VVtt68 words
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Page 8 Miscellaneous
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Miscellaneous17 1986-08-04 8 BriStOKT: ftanXl&ciceDg (A IN A SiLL"y roooo u>neN tte. big Hand IS or) thcihJH ru_ freak otrr—17 words
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THE ARTS
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Article, Illustration731 1986-08-04 9 MONICA GWEE - By MONICA GWEE COLLECTORS of Karen Hoisington's quirky paintings will find her latest exhibition at Arbour Fine Art "out of character". Hoisington has gone delightfully potty. There isn't a collage in sight; instead, "Into the Light" features seven pots, two plates and 20 paintings, a few731 words
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Article, Illustration488 1986-08-04 9 JAIME LYE - To Live and Die in LA a film that pretends to be hard-hitting By JAIME LYE AH, LOS ANGELES. You son of a gun. Beautiful little City of Angels, you are so strung out you are about to explode. But don't get too high over the fireworks. You know what488 words
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Article, Illustration423 1986-08-04 9 LISA LEE - By LISA LEE ART FAIR *96, one of the largest local art exhibitions to be held in Singapore this year, has chalked up at least $33,500 in sales. As at lunchtime yesterday, the third day of the show, about 80 works were423 words
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Page 9 Miscellaneous
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Miscellaneous1132 1986-08-04 9 wsmmm LOVE JOY The Axoman Cometh 8pm, Channel 12 I I I «T J By devious means Lovejoy (above) acquires a 300-year-old Welsh dresser and discovers an Arab marriage head-dress in one of the drawers. While this is a big discovery even by Lovejoy's standards, it turns out to be1,132 words
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Miscellaneous680 1986-08-04 9 CRYPTIC PUZZLE ACROSS 1 Express determination m a bad way (5) 6 The cost of soft cereal (5) 9 Beast showing zeal, possibly in the setting of a broken leg (7) 10 A small bay havmg no outlet? (5) 11 Ready for a learner to teor wildly around (5) 12680 words
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INTERNATIONAL STOCKS
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250 1986-08-04 10 AFP THE DEREGULATION of Japan's telecommunications industry was put into practice last Friday when Japan Telecom inaugurated a sophisticated fibre-op-tics network between seven big cities. The service is the first to rival domestic services offered by NTT, the former state-owned telecommunications monopoly privatised lastAFP - 250 words
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Article241 1986-08-04 10 AUG 02 Yen MitsutxsK 927 10 Mitvjb Elec 445 25 1740 -20 Mitsub Estate 2090 70 Akcx 430 34 Mitsub Heavy 485 13 761 11 541 +3 819 -3 170 5 AsoK Glass 1170 40 Mitsui SmeWmg 370 -2 852 28 1190 602 -13 1100 40 891 1730 1290241 words
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307 1986-08-04 10 Reuter STOCKS on Wall Street last Friday fell to their fourth loss in five sessions last week, as the selling wave that started in early July carried into this month, wiping away a morning rally on stronger economic data. The JulyReuter - 307 words
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Article158 1986-08-04 10 AUG 01 C$ Imp Oi Q A 36* -ft fc*o 15* Int Prov Pip* 38* 21* lu InH 17*4 B Aican 39* 13* 14* Bank Novo Scotia 15* -ft Lobiow B 12* ft 29* Mc BkxM 37* Bonk Of Montreal B*l Canoda 37* mch 28* Bp Rmoutcm 29* Moor*158 words
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Article194 1986-08-04 10 AUG 01 R«d Tongoat Tru»t 8k 740 130 INDUSTKMLS 50 WoaMw 1 ISO A AJpho Atoarcom Aao 1075 240 1360 400 15 unch unch 10 25 -5 -25 Angto* MMMGS 5090 65 *****6 I 1935 Bhrwoof 1985 -15 2800 Buttafc 7900 -50 Cume Finance 410 ***** Cam Gold Cora194 words
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Article666 1986-08-04 10 AUG 01 us$ Afcon Alumn AJcoo 28* 33* AAag InM Aftad Sag Altd Storn AhOnAnan Am Brands knc Am Can Co Am Cyanamid Am Ebc Pwr Am Expraia Am Honw Prod Am Moton Cp AmTdl Tat... Amox he Amoroda Htu Amoco Corp An* Corp Armco Inc AMTCO r*666 words
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Article585 1986-08-04 10 Amsterdam AUG 01 ft AtM ***** >113 Aaaow 100.90 +0.2 Mtold 94.60 +0.9 Akxo 162 00 4.1 Akanto 151 70 .0 2 AMEV 75.30 0 3 A/two Bark 111.70 +3.4 Am St od 124.00 -1 Bariial 99.00 +03 Oortumq lOt 00 +1 Buahrmon Tana rod»... 210.00 -03 C/rfva585 words
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175 1986-08-04 10 AP B F Goodrich Co and Uniroyal Inc have made formal a previous agreement to merge their tyre operations in a Joint venture that would rival Firestone Tire and Rubber Co as the second-largest tyre maker in the US. The agreement was formalised last Friday.AP - 175 words
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Page 10 Advertisements
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Advertisement117 1986-08-04 10 mid wtae, «lim wrfk aatcritUa m T'% AUGUST m H r 7 7/¥ Relish freshly grilled kebabs of prawns, fish, lamb, chicken and beef. All cooked to a delicious brown. With wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement. TTm w ■> Cr* -V THEMOfNIM117 words
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Advertisement183 1986-08-04 10 Treasures erf the sea The majestic Pine Court restaurant specialises in Beijing cuisine. The menu features 156 items, many of which are seafood delicacies. Among the most popular are braised beche-de-mer, fried scallops with bamboo shoots and deep-fried shrimps on toast with sesame seeds. But the other selections tempt and183 words
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Advertisement186 1986-08-04 10 TZOCHIW PORRIDGI BUFFET $5 50 W/W ennaee h 9*s<r ss >in/lhnnw*v rlKtv You C3r er 9°y savoury dßhes such as Praised portt 9 steamed stuffed Dean curd 9 samtxal orrjai 9 fried salted fen 9 sauteed chicken with mushroom 9 sauteed chai poh omelette 9 fried black pomfret n soya186 words
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Advertisement101 1986-08-04 10 If-IKsSF Price: $13.50 (Mtf) V 110.50 (ON) J Ist-15th AUGUST 1986 SINGAPORE HOTEL 10 Eu Tooo Sen Street Singapore 0105 Tel: SSS 3888 s&Z^mmeEss Great Meals in an Intimate Setting For delightful but informal meal, come to our 24-hour coAee house. Savour Penang's best CWto Gu6 Ttfo and FG Jian101 words
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Advertisement145 1986-08-04 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 for the family. Weekday fare (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person). Two splendid menus for busy executives145 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration338 1986-08-04 11 UPI HUNDREDS of USX Corp employees, some chanting "We want to work", picketed outside locked factory gates last Friday after the No 1 steel producer in the US closed plants in seven states in advance of a threatened strike. The union claims itUPI - 338 words
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576 1986-08-04 11 NYT THE HAFT FAMILY of Washington agreed last week to drop its hostile takeover bid for Safeway Stores, but Wall Street sources said the family had won the right to buy as many as 500 Safeway stores around Washington and Lo6 Angeles. If theNYT - 576 words
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490 1986-08-04 11 FT GOODMAN FIELDER, the largest food manufacturer in Australasia, is buying a strategic 14.6 per cent stake in Ranks Hovis McDougall, the British food manufacturer and miller for £107 million from S and W Berisford, the commodity trading group which is threatened with aFT - 490 words
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228 1986-08-04 11 AP THE GOVERNMENT of Oman 1 will set up a central bureau for stock transactions as a first step towards a full stock exchange, a cabinet minister was quoted last Saturday as saying. Commerce and Industry un- der-secretary Ahmed Madd toldAP - 228 words
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Article61 1986-08-04 11 AFP EASTMAN KODAK 00, a major US photographic equipment maker, plans to list its stocks on the Tokyo Stock Exchange. Exchange officials said on Saturday a Kodak application filed with the TSE on that day is expected to be approved late this month. Stocks ofAFP - 61 words
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Page 11 Advertisements
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Advertisement111 1986-08-04 11 am M T Is 2 Mugs of Draught Beer Only DURING HAPPY HOURS. \J\ ■> lilj SftSJL ■im ni gam I BRi f on ttie house! Happy hours: 5 pm to 8 pm. Except premum bonds LOUNGE/DISCO In Tune wrth You' Apollo Singapore Hole! 405 Havelock Road Singapore 0316. Tel:111 words
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Advertisement130 1986-08-04 11 w( a übertus d)rill -fUli III! s mm 'I BIENVENU CHEF PIERROT for the sth Belgian Gastronomic Festival, 1-16 August Chef Pierrot is back again with his Belgian gastronomic delights. Come for lunch and dinner to savour the most popular dishes from his Brussels restaurant. Family Brunch will be available130 words
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Advertisement120 1986-08-04 11 Paramount Hotel v Whan tht happy paopia go < '£2 /w a> 4^ f i*,' SPECIAL FEATURES: Daily Buffet Breakfast $11.50 Daily Set Lunch $10.50++ Sunday Family Buffet Lunch Adult $14- Child $10.00" Teochew Porridge $8.00 (Nett) Every Fri Sat, (11pm to 3 am) LEVEL 4, Paramount Hotel, Marina Parada120 words
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Advertisement146 1986-08-04 11 Fashionably hyatt Join the fashion-conscious every Hiesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $9.50146 words
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Advertisement90 1986-08-04 11 NBVW Piking A Sichuan |In(mwi( nHOKKIEN-PORRIDQE DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 D4nner/Bupper Time: 7pm f m 5 m. -1 10»MrvtMchvo* >r ii rtrrfe S i NfIESBR *gpecUd For all you can eat $11.90* per person Specialities from different90 words
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RAW MATERIALS
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602 1986-08-04 12 Reuter THE PRODUCTION of crops in the European Community (EC) is improving so fast that an area six times the size of Belgium could be devoted to producing food unwanted by the community population in just 10 years' time. With ECReuter - 602 words
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160 1986-08-04 12 AFP PRODUCTION of wheat, barley, potatoes and sugar beet in /the United Kingdom fell last year compared with the previous year, according to final estimates released by the Ministry of Agriculture, Fisheries and Foods last week. w Wheat production fell from r 14.97 millionAFP - 160 words
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706 1986-08-04 12 UNCERTAINTY about the outi come of the Organisation of Petroleum Exporting Countries (Opec) ministerial meeting in -Geneva and fresh warnings -'about the dangers facing the US economy discouraged participation on many commodity mar"kets last week. tiMd: Firmer. The bullion price rose to its706 words
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172 1986-08-04 12 AP US COTTON merchants, textile mills and cooperatives became eligible last Friday for subsidies designed to make American crops more competitive in world markets. The payments were part of a new US agriculture strategy that called for reversing years of high price supports.AP - 172 words
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Article, Illustration325 1986-08-04 12 UPI THE WORST DROUGHT In the US in a century has caused more than US$2 billion in agricultural losses in Alabama, Georgia and the Carolinas, and a new long-range weather forecast shows little relief in sight. Officials said the drought has causedUPI - 325 words
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392 1986-08-04 12 Reuter A NEW INTERNATIONAL cocoa agreement to stabilise world prices of the commodity has been formally adopted by 60 cocoa producing and consuming nations. The accord, negotiated under the auspices of the United Nations Conference on Trade and Development (Unctad) in Geneva, will replace theReuter - 392 words
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Article241 1986-08-04 12 WHEAT FUTURES on Friday rebounded swiftly from the minus side on the Chicago Board of Trade after US Agriculture Secretary Lyng announced he would hold another news conference in the afternoon. Prices ended 5-1/2 to 3-1/2 US cents a bushel higher, with September recovering from an earlier decline of241 words
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Article58 1986-08-04 12 KL TIN B Dot* AjI 28 Jul 29 Jul 30 ao SC" 14.14 14.19 14.21 T urnov«r 67 30 95 Ll Jul 31 Aug 1 14.18 14 27 56 62 IS RUBBER Closing prices Singapore Moioysio MM S c«nti/kg M cantiAg 177 00 222.00 174 00 ***** 171.50 ***** Jul58 words
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Article147 1986-08-04 12 Chintii Produce Exchange Sellers noon pncfl on Aii9 2 (SJ/100 kg). Coconut oil Bufc FOB 43 00 CHd drum FOB 56 00 New drum FOB 60.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gambier FOB NSW 455.00 1355 00 1256 00 330 00 Copra147 words
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Article227 1986-08-04 12 Reuter SOYBEAN FUTURES on Friday recovered from early lows but still cloeed lower on the Chicago Board of Trade, down as much as 1-3/4 cents a bushel in nearby August. November ended near the middle of a 14-1/2 cent range. The selloff begun on Thursday and extended into FridayReuter - 227 words
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Article631 1986-08-04 12 Reuter COFFEE ROBUSTA COFFEE futures on Friday ended above the day's lows but still £20 to £47 a tonne down from Thursday's close after an active session. Near November closed at £1,740 against Thursday's close of £1,760 and in a high-low of 1,757/1,715. Volume was 6,026, including 1,491Reuter - 631 words
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Page 12 Advertisements
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Advertisement283 1986-08-04 12 NOTICES BEKS CO PTE LTD (ncocporaMd in Mw RapuMc ot Smgjcorel (m Vokjnlary uqu«lahon| NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap 185 the Fmai Meeting of members of the Company will be held on Friday 5th September 1906 at283 words
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Advertisement268 1986-08-04 12 IN THE MATTES OP THE COMPANIES ACT, CAPJM KAISER TBADING SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of KAISER TRADING SINGAPORE PTE LTD duly convened and held at Oakland California on June 30, 1986 the following Special Resolutions were duly passed:(1) "That268 words
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Advertisement271 1986-08-04 12 THE COMPANIES ACT, cap. m OBEAT EXPECTATIONS BOUTKJUE PTE LTO (to mH«tl-) At a general meeting of GREAT EXPECTATIONS BOUTIQUE PTE LTD .duly convened and held on the 28th day of July, 1986 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to271 words
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Advertisement33 1986-08-04 12 RE: FAIRMONT SHIPPING AOENCIEB (SINGAPORE) PTE LTD (In Voluntary Liquidation) Published In the Business Times on 24/7/86. The name of the Director/Secretary should read as Vemala Rajamanlckam (Miss). We apologise for the error.33 words
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MARKET REVIEWS
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Article, Illustration5299 1986-08-04 13 RAMESH CHANDIRAMANI - Restless investors nibble at shares I] «Singapore M By RAMESH CHANDIRAMANI HAVING SAT on the sidelines for the better part of a month watching shares prices drift on the Singapore stock exchange, restless investors and punters began nibbling at equities again last week.5,299 words
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308 1986-08-04 13 r \lAustralia Reuter AUSTRALIAN share markets closed firmer in brisk trading last week, pushed up by demand among gold stocks, following a USUI rise in the bullion price. Over the week, the All Ordinaries Index rose 6.1 points to 1,124.9, and the All ResourcesReuter - 308 words
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Article620 1986-08-04 13 JULIANA TAY - Week ended August 1 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Antoh Holdings has confirmed that it was holding discussions with the principal shareholders of Arab-Molaysion Merchant Bank (namely Datuk Azman HosNm), with a view to taking up an investment in the merchant bank. Mcllwraith McEachorn620 words
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937 1986-08-04 14 Investors fear that the Dow has passed its peak PI 1 New York A FT WHAT A DIFFERENCE a month makes. Four weeks ago, the Dow Jones Industrial Average had just touched an all-time high of 1909.03, the market was in a confident moodFT - 937 words
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Article880 1986-08-04 14 r— 1 |ruul London S""- J A FT SHARE PRICES are still oscillating on the slightest scrap of news or rumour but through it all, the All-Share Index seems to be clinging successfully to the 770 level. Some had feared that once that levelFT - 880 words
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308 1986-08-04 14 BCI IN SPITE OF two sessions under the banner of profit-taking that cut prices a bit, the Milan share market with a solution to the government crisis in sight managed to finish last week with the BCI All-Share Index at 737.71, an improvementBCI - 308 words
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697 1986-08-04 14 TONY MEASOR - L Hongkong y 1 j By TONY MEASOR THE HONGKONG stock market broke into new all-time high ground last week and closed at its highest-ever peak of 1874. Volume was once again strong, and this seemed to indicate that there would be no let-up697 words
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419 1986-08-04 14 Rtjl Tokyo M J AFP PRICES on the Tokyo Stock Exchange lost ground after moving erratically in heavy trading last week, largely affected by the Japanese currency's sharp appreciation. The Nikkei Stock Average of 225 stocks listed in the major first section lostAFP - 419 words
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Article185 1986-08-04 14 CSZ THE ZURICH EXCHANGE made slight advances on the fortnight-ago Thursday, Friday and last Monday as the CS Index moved up a total of 16.9 points. This upward movement could be traced to very good quarterly and half-year reports from the banks, reports citing increased industrialCSZ - 185 words
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425 1986-08-04 14 K.Lumpur INVESTORS were preoccupied with the general elections and remained somewhat pensive on the Kuala Lumpur stock market for the whole of last week. This was reflected by the minimal price fluctuations. However, the market still managed to end on a425 words
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Page 14 Advertisements
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Advertisement476 1986-08-04 14 NOTICE IS HEREBY GIVEN that, I Ong T.ian Boon of No. 175G, Lor. Buang Kok Kechil Singapore 1964 have applied (or a Second Class Beer House licence in respect of premises at m/s Thian Thian Siang Eating House at 2 Thomson Hill Singapore 2067 and that this application will be476 words
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Advertisement525 1986-08-04 14 NOTICE IS HEREBY GIVEN that, I Po Cho Luang of Blk. 310, Hougang Ave. 5 #07-269 Singapore 1963 have applied for a Retail Beer Shop Licence in respect of premises at m/s Jul Seng Trading Co at 248, Balestier Road Singapore 1232 and that this application will be heard in525 words
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COMPANY NEWS
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Article, Illustration615 1986-08-04 15 u mm™ By HOCK LOCK SIEW AFTER ALL the hype about QAF moving into Singapore supermarket retailing by acquiring an interest in Emporium Holdings's food units last year, it's clear from QAF's su-per-informative annual report that the venture was one of the group's mostBy HOCK LOCK SIEW - 615 words
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LATEST RESULTS
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Article135 1986-08-04 15 For the year to end-March 1986, pre-tax losses totalled M 111.89 million (MJ9.74 million losses) on turnover of MJ1.24 million (MJ4.27 million). Loss per share works out to M 53.50 (MJ2.86). There is no net tangible asset backing per share as cumulative losses have exceeded the share135 words
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Article86 1986-08-04 15 For the six months to end-April 1966, group pre-tax profit fell to M 520.125 million (M 531.01 million), and after taxes and minority interests, profit was 8416.11 million (M 516.96 million). EPS is two Malaysian cents (six cents) or 1.7 Singapore cents (five cents). The decrease in86 words
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114 1986-08-04 15 For the year to end-April 1966, pre-tax profit was M 51.65 million (M 53.59 million) on turn- over of M 516.84 million (MJ23.33 million). After tax and minority interests, profit was M 5805,349 (M 51.94 million) giving an EPS of114 words
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Article136 1986-08-04 15 THE BOARD of Mmlti-Parpw* Holdings BM has changed following a number of resignations -on July 31. Leaving the board were Dato Wong Chor Wah, Mr Lau Kheng Lay, Mr Lim Eng Chang, Mr Wong Chew Swee, Senator Bee Yang Sek, Mr Tan Thean Choo, Mr Ngau Boon Min,136 words
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Article658 1986-08-04 15 Current Ei Books Date Total for Total for payment dot* close payable the yeor lost yeor Alex Hldgs 5% Sep 5 Sep 12 Sep 26 5% 6% B Stmbowong 30%(j) Jul 24 Jul 31 Aug 22 30%(j) 20% Beta 8%l Aug 13 Aug 25 Sep 8 8% 18%658 words
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Article1035 1986-08-04 15 THE LONDON stock market on Friday closed little changed from opening mixed levels in low turnover. The FT 30 Index rose 1.4 points to 1,273.4 while the FTSE 100 Index was up 3.7 points at 1,561.8. On Thursday, the FT 30 Index fell 8.3 points to 1,272.0 while1,035 words
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290 1986-08-04 15 ALLIED PACIFIC Investments Ltd, an Australian company linked to Lee Ming Tee and his business associate, Percy Chan, has taken control of a listed shell company in Hongkong, Siu On Realty Co Ltd. Currently, Siu On has HK$l75 million cash and290 words
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Article, Illustration512 1986-08-04 15 AMY CHEOK - UMW sells agricultural land to High Low for M$17m By AMY CHEOK LOSS-INCURRING UMW Corporation Bhd, the heavy machinery group which only eight months ago was suffering from near crippling debt, has made further disposals to reduce its high borrowings. UMW has agreed to sell agricultural land belonging to companies512 words
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Article64 1986-08-04 15 UNITED INDUSTRIAL Corp Ltd, which failed in its attempted takeover of trading group Intraco last month, asked the Stock Exchange of Singapore on Saturday to suspend trading in its shares with immediate effect pending an announcement. UIC is arranging an $80 million note issuance facility (NIF) to64 words
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Article105 1986-08-04 15 AMBASSADOR HOLDINGS, the hotel company whose board is currently being reshaped, is recalling all share certificates which were issued prior and up to August 1986 for cancellation and replacing these with new certificates printed on continuous stationery. Trading in the shares will be suspended at 10am105 words
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Article290 1986-08-04 15 MBT MALAYSIAN Airline System, the first state-owned corporation to go public under Malaysia's privatisation programme, has exceeded its profit forecast of not less than M 5106.4 million for the last financial year. MAS, which showed record earnings of M 5136.34 million in 1964-85, last Friday reportedMBT - 290 words
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205 1986-08-04 15 SINGAPORE FODDER Company Ltd, the animal feed company whose stockmarket dealings left it in the red last year, has created charges as securities for group banking facilities totalling $13.5 million. The charges will rank equally amongst and in favour of United Overseas Bank, Overseas205 words
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Article153 1986-08-04 15 Company RIGHTS ISSUE Duta Cons One-for-one fe $110 per short George Town T wo-f or-one fe $1.00 per share Kesang Hldgs Three-for-two fe $1.10 per share M A A Five-for-one $1.20 per share Peak Huo Three-for-one 1.00 per share Sateros Res One-for-two fc $1.25 per share Seiangor Dredg153 words
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Page 15 Advertisements
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Advertisement191 1986-08-04 15 NOTICES Notice is hereby given that In consequence of the Intended purchase of a ship by our clients. Act Shipping Pte. Ltd., we have applied to the Director of Marine under Section 417 of the Merchant Shipping Act (Cap.l 72) In respect of the Ship "FJORD BRIDGE" of Flensburg, West191 words
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Advertisement154 1986-08-04 15 (PIS) LID. We, Bulk Product Shipping Trading (Pte) Ltd., of 20, Amber Road, King's Mansion, Block C #15-01, Singapore 1543, hereby give notice that in consequence of change of ownership, we have applied to the Registrar of Singapore Ships, under Section 417 of The Merchant Shipping Act (Chapter 172, 1970154 words
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178 1986-08-04 16 NEARLY 35,300 workers in the private sector had their wages frozen during the first seven months of this year. A survey by the National Trades Union Congress (NTUC) also shows that in July alone, workers in 70 companies had their wages frozen for178 words
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227 1986-08-04 16 UPI MEXICO IS THREATENING to keep its debt payments in an escrow fund within its borders in order to encourage private banks to lend the country another US$6 billion by the end of next year, the Washington Post said yesterday. "Our only bargaining leverageUPI - 227 words
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464 1986-08-04 16 SOH TIANG KENG - Bond issue with equity warrants to raise USssom By SOH TIANG KENG, Financial Corraapondant NIPPON SHINPAN, Japan's largest general consumer credit group, is tapping US$5O million from the Asian dollar market through an issue of bonds with equity warrants. The group will use the464 words
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Article, Illustration252 1986-08-04 16 JEFFREY TSANG - By JEFFREY TSANG THE SINGAPORE Computer Society has conferred an honorary fellowship on Mr Tan Chin Nam, general manager of the National Computer Board, for his outstanding contributions to information technology. "In March this year, under Chin Nam's leadership, the strategic framework of the national information252 words
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68 1986-08-04 16 AP PRIME MINISTER Prem Tinsulanonda has officially accepted the offer by (our political parties to serve another term as Thailand's leader, the Nation newspaper reported yesterday. The parties, which have agreed to form a new coalition government, last Thursday nominated Prem as premier. KingAP - 68 words
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Article168 1986-08-04 16 UPI PRESIDENT REAGAN offered Soviet leader Mikhail Gorbachev a two-year transition period before deploying any Star Wars defence system and personally insisted on an offer to share the technology, the Washington Post said yesterday. Mr Reagan's 2 Vt -page July 25 letter to Mr Gorbachev,UPI - 168 words
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246 1986-08-04 16 THE Singapore United Front (SUF) is grooming a young professional to be its leader. He is Tony Lau, 47, a businessman who is an accountant by profession. Mr Seow Khee Leng, SUF's current secretarygeneral, told BT yesterday he was grooming Mr Lau "Just246 words
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241 1986-08-04 16 Reuter THE HEAD of the World Bank yesterday urged Japan to use its huge trade surplus to set up a fund for developing nations. In an interview with Japan's leading economic daily Nihon Keizai Shinbun (Nikkei), World Rank president Barber Conable saidReuter - 241 words
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LATE FILE
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Article38 1986-08-04 16 Reuter PAKISTAN'S 10-party opposition alliance baa given the government until Sep 90 to set a date (or fresh poDs and will Join opposition leader Benazir Bhutto's Independence Day protests in two weeks' time. ReuterReuter - 38 words
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Article44 1986-08-04 16 UPI DENG JIAXIAN, a US-edu-cated physicist who was instrumental in developing China's atomic and hydrogen bombs, has died at the age of 62. The mtiriai Xinhua News Agency yesterday said Mr Deng died of cancer on July 29. UPIUPI - 44 words
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Article55 1986-08-04 16 Reuter A FRESH BID by the US and the 12-nation European Community (EC) to resolve a drawn-out trade row ovacitrus fruit ended in stalemate yesterday, the EC Commission said. External Affairs Commissioner Willy de Clerca said k<mi negotiations with US Senior Trade Representative Clayton Yeutter had failedReuter - 55 words
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58 1986-08-04 16 Reuter THOUSANDS of people demonstrated In Manila yesterday to condemn the killing of a supporter of President Coraxon Aquino by anti-gov-ernment protesters last week. They bravnd a heavy downpour at Rizal Park in central Manila to show support for Mrs Aquino and denounce weekly protests stagedReuter - 58 words
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Article36 1986-08-04 16 Reuter A SOVIET newspaper terday called for cuts in alcohol imports, saying that Kremlin W4**- MM Gorbachev's drive against h£d drinking required trading changes as weO as domestic controls. Renter IReuter - 36 words
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Page 16 Advertisements
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Advertisement453 1986-08-04 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1- Jumbo piece of land up for sale 2. Mahathir's revolution will have to wait 3. The stakes in SIA and JAL air talks 4. SDF remains committed453 words
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Advertisement8 1986-08-04 16 Brazil saaks cut in intaraat payments, Paga 68 words
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Advertisement111 1986-08-04 16 CBS Internepcon/Semiconductor International '86 Exhibition and Conference 26-29 August 1986 World Trade Centre, Singapore. Dont miss this pacesetting fifth presentation of the region's only specialised exhibition devoted solely to the latest and newest technological advances in electronics and semiconductor packaging, production, processing, assembly, testing, manufacturing, automated assembly including CAD/CAM, electronic111 words
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Page 16 Miscellaneous
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Miscellaneous0 1986-08-04 16 <,?"')+""_-]{["]\=(]!=-^)()<!%<0 words
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SHIPPING TIMES
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Article128 1986-08-04 17 Seatrade Week CONTRACT negotiations between the International Longshoremen's Association and the New York Shipping Association, representing waterfront employers, broke off in Bal Harbour, Florida. The union rejected a NYSA proposal of $17 per hour for waterfront labour. That offer also came with a package of nonwageSeatrade Week - 128 words
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503 1986-08-04 17 JUNE LIM - By JUNE LIM MOL S'PORE, better known for its representation of Mitsui OSK, has diversified into three new areas of shipping and service related business courier, household removal and cargo consolidation. Cougar Express (S) Pte Ltd, Cougez, hopes to capitalise on the marketing and503 words
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189 1986-08-04 17 Renter AN INTERNATIONAL Chamber of Shipping (ICS) delegation has left for Egypt for talks with the Suez Canal Authority on regulations for gas tankers |wtn g the mml, ICS secretary general Chris Horrocks said. The Suez Canal Authority unexpectedlyRenter - 189 words
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180 1986-08-04 17 Reuter HALF OF NORWAY'S offshore rigs will be laid 71 by the end of this year the oil market does not improve, the Norwegian Shipowners' Association Of 52 rigs in the Nor-wegian-owned fleet, 17 are already laid up and 12 others areReuter - 180 words
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PORTSIDES
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Article91 1986-08-04 17 THE AUSTRALIA to east coast USA and Canada currency adjustment factor, CAF, will be raised to 11.14 per cent from 9.04, effective Aug 10, the Australia Eastern USA and Australia /Eastern Canada Shipping Conferences said. The Australia to west coast USA and Canada CAF will91 words
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Article55 1986-08-04 17 Reuter THE AUSTRALIA Middle East Gulf Conference will lower its war risk insurance surcharge to 2.14 per cent from 2.87 per cent, effective Aug 15. The surcharge applies to freight rates to all Gulf destinations except Muttrah (Mina Qaboos) in Oman, the conference saidReuter - 55 words
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Article44 1986-08-04 17 Reuter BANGLADESH AND Belgium signed a shipping agreement aimed at expanding bilateral trade and economic cooperation, ports and shipping ministry officials said. They said the agreement stipulated that vessels of the two countries would enjoy equal facilities at each others ports. ReuterReuter - 44 words
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Article1246 1986-08-04 18 CHARTERING was interestingly mixed on the London freight market on Thursday, although of mediocre volume. The overall rate tone remained bearish, as evidenced by the Peavey fixture of a South Korean bulker from the US North Pacific to Japan with 52,000 tons of grain at U595.25 The US1,246 words
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798 1986-08-04 18 Fairplay BANKERS and insurers are joining forces in Norway to provide cover against falling ship prices. It is an ingenious idea, like > that available in the US for secondhand aeroplanes, which should fill a gap that the conventional insurance market cannotFairplay - 798 words
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121 1986-08-04 18 Reuter THE SOVIET Union has for the first time built oae of its newest types of large, nucle-ar-powered submarines in the Far East, a Japanese newspaper said. Sankei Daily quoted "international" sources as saying an 8,000-ton Akula-class submarine had been built at Komso-molsk-on-Amur. The first Aku-la-classReuter - 121 words
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Article652 1986-08-04 18 THERE HAVE been rumours of considerable activity in the newbuilding sector for tankers and increased prices have been asked by shipyards, brokers said. The higher levels have been especially noticeable in Korea where there has been a substantial amount of enquiry from different sources for all types and652 words
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Article918 1986-08-04 18 AB Shpg V 5 Accord Shpg VI 3 Afea Lin* VI 3 Ahrenkiei Lmer X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Lin* X 3 ANL 1 1/2 APC Un* V 4 APL 1 2/3 ASCL 1 1 Boh-Conoda Lin*918 words
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Article93 1986-08-04 18 Reuter THE CREW OF the Greek su- pertanker Ethnic abandoned j ship after it was crippled en J Friday hi an apparent Iranian GUf war air attack east of Qat- ar, shipping sooross in the re-1 crion said. 2 The ÜB3C7-toane tanker was hit by aReuter - 93 words
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57 1986-08-04 18 UPI THE AMERICAN SUM* Departamt waned tk< IOHH—I ot tea thU tfct aatete risk* of ■!—ifci ■Halting; .mi vtoieeca." lit iipailnai con-, firawi a rapartthat a Saa-* was tealaa "m to tfct lraataa poUcy^at mu km atao that practice as oae that K laharoatlyUPI - 57 words
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Article176 1986-08-04 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" Uno Korean Shipping Corporation Neptune Orient lines Orient Overseas Container Line Cho Yang shipping anro(Straits/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta176 words
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264 1986-08-04 19 Reuter A CONSORTIUM of three Japanese shipyards has been awarded the contract for the first three of seven liquefied natural gas, LNG, carriers for the north west shelf project. The shipyards are Mitsubishi Heavy Industries Ltd, Mitsui Engineering and Shipbuilding Co Ltd and KawasakiReuter - 264 words
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301 1986-08-04 19 Lloyd's List THE TURKISH government has been urged to give more generous credit to shipowners to boost an ageing merchant marine which has declined 15 per cent over the last 18 months. The Istanbul Chamber of Shipping says in a reportLloyd's List - 301 words
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272 1986-08-04 19 THE THAI Maritime Navigation Company, TMNC, does not have plans to make any of its staff redundant in spite of suggestions to the contrary. Mr Virachai Vannukul who was appointed to head the Thai state-owned company just two weeks ago assured staff272 words
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238 1986-08-04 19 SUCCESSFUL OCEAN «hipping of the future will require the same type of mega mergers which have taken place in manufacturing and servicea, said Mr Erik Waage-Nlelsen, president of Barber Blue aea and Scancarriers. The proponent heads two companies which last year entered into238 words
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289 1986-08-04 19 UPI TWO JAPANESE companies led by Mitsui and Co announced plans to assemble railroad cars in a renovated plant in the Brooklyn navy yard. The plant is expected to employ 50 workers when it begins assembling M-4 cars for the Metro-North RailroadUPI - 289 words
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Article92 1986-08-04 19 AP A BRITISH fishing trawler sank on Friday in high seas and driving rain Just 45 metres off Castletownhere port on the southwest coast of Ireland. Five of its 15 crewmen of Comtessa Ven were missing, police said. Ten crewmen were rescued unhurt but an air andAP - 92 words
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5824 1986-08-04 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.5,824 words
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Article746 1986-08-04 25 AT CONVENTIONAL WHARVES Khonh Hoi Lestari M1B 04.8/0700 MIA 04.8/0800 05.8/0600 058/2300 VmmI BmHi Arrival Departure Melaka Jaya Northern S M4B 04 8/0500 M3B 04.8/0700 048/2300 04.8/1800 KEPPEL WHARVES Setia M2 04.8/0800 04.8/1500 CS Ocean K34 alongside 04.8/0700 Unison III M2 04.8/1500 05.8/0600 Gold Leaf Iweri Builder746 words
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Page 17 Advertisements
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Advertisement630 1986-08-04 17 Concise Comprehensive Contemporary Bkmml Lpts: Stcl*Zm w *****11 m JK. ere of net mi f £gggj M trna 2 KTlflc Hit 1 T* *****11 ma NO ICS ***** OS OFWE *****11 22U011 PETALMC MYA TEL: *****8/*****75/*****02 TU. Mi POMS TU (***** TELEX *> MM0073 CfS TEL 34*0 ran KEUMC TU630 words
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Advertisement65 1986-08-04 17 [KMDB BANKERS and insurers are joining forces to provide cover ogainst falling ship prices. Page II A CONSORTIUM of three Japanese shipyards hos been awarded the controct for the first three of seven liquefied natural gas, LNG, carriers for the north west shelf project. Page 111 Index to odvortisers II65 words
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Advertisement654 1986-08-04 17 IN SI MAMIE: 778-652? PROFESSIONAL INTERNATIONAL FREI6HT FORWARDING MALAYSIA. 755-M56 MAERSK LINE •sr-srus Of- S/lUHMB rarnrr SINGAPORE/ANTWERP 17 DAY! SINGAPORE/ROTTERDAM 18 DAY* SINGAPORE/BREMERHAVEN —19 gAYJ Ptnang Vmml i l'J Voy I S*por» 3 .I ***** USA. EUROPE. i*il runs mmrarriFinn 9S M 2VI N/t IU M W M M i/l654 words
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Page 18 Advertisements
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Advertisement177 1986-08-04 18 V Q J rTVTir YAMASHITA-BHINNIHON UNE A. J-JJL A. V JJj TRANS-PAOFIC SERVICES 71 U J mn> i i I H'BI T'JBI 11 i 11 —i 1 i rrm rt PUB .*T irmm immmn ttttmi" l^mivim IFTMP7TM I ll'i ni■ v h i: TRANS SIBERIAN SERVICE Weekly Container Service SUNSHIP177 words
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Advertisement179 1986-08-04 18 mmmgm mm convtunomu.«—§ VSL PT.ef LOG. ■•y.IZKISWfJB MAIAYMA MMi. FwMtate *L 2 UDa DATES eta PT. K nfJSixniPHipiMfci Sa/7 »/i < *m »nn n/t CM Mac 14-30/7 »/l *<+— Sw Crtilii*!! 6—l M/ 7-4/1 31/1 w™» a**» ns/i 11/1 EMMRriH I ■fctWMjß SH 12/9 <*■* l»»/7 Z2/S <*«* I M-Wi179 words
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Page 19 Advertisements
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Advertisement434 1986-08-04 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd oci Overseas Containers Limited [CONTAINERSWP SERVICE TO UK CONTINENT STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Accepting Cargo For Alm Accepting LCL And FCL Cargo to Hong lIJ M n Dm KM KM M» »/i ua 19/t 21/1434 words
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Advertisement478 1986-08-04 19 TO WEST COAST SOUTH AMERICA one ram of oil- caputmu sm mtomo, ci—cil tkommd Agwrts SEGANI Singapore *****66 K Lmpv *****25/8/1 *****19. *****49 Booking *****71 P. Kola* 3SS73IS TO USA/CANADA WEEKLY FULL CONTAINER SERVICE \nrnryTrir-mrTT*rnmrrm\ m\ p. Mcmrr »i« a/7 I VI4C 7/1 1 i: ■>' P. GRANT *4 f.mmmm478 words
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Advertisement97 1986-08-04 19 Franco Belgian Services A* I .-I f r. h >. r, J.. I iVFMBEP OF ACF CONSORTIUM nan a** afei vmt »*m afcg zs* IVP lto 41* m 719 IVf IS* fcpl MJ* 13 Wpt M Stpl M fcpl IS Sal US* 17 Stpl at* HM 31* ifl to/tan tai*97 words
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Page 20 Advertisements
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Advertisement246 1986-08-04 20 Hapag-Lloyd TO CONTINENT. UK EXPORTS ta Evopc rpm HriM|NaM|LMMMM CMMHMBI NakMCa* 11/ l M/ 9 13/9 St/ 9 IVM U/14- FROM N. CONTINENT &UK IMPORTS Agent* SEGANI— ***** CC K. Lmpw *****25/C/l, *****19. *****49 *****71 P. Kdaiic 3(***** *****00 CFS *****50 *****44 Pw« *****7, (***** /V *****33 (131(3 _Jf INTERNATIONAL246 words
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Advertisement518 1986-08-04 20 K.S.LINE pq FULLY CONTAINERISED SE R VICE 10 fUROPI VIA SUf/ 8 ot Ihf Ait- tomoitwni FROM liIROPF VIA SUf Z ,h Con**»w Hill* CONTAIN! HISIU Id IHI'M NORIH 3MI Hl' A MM OOANI •m/wna wssa OCH 4* m H U) Ml «W5 m KJS/tWV JSC ICN ni/tm ui CONVENTIONAL518 words
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Advertisement212 1986-08-04 20 OL Hai Sun Hup C o (f'te) I td TEI 2201<}0f> (20 Lines|* TLX RS ***** KRS ***** l \s| K\ \K I i\l \< III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HFAVY LIFTS EM INTERMARITIME LTD K. UmMi (SM AfSHt) Tet 22ISM Murta (SM If*) Tefc REUNION/SOUTH AFRICA212 words
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Advertisement876 1986-08-04 20 hoi en no go*** fW GLORY not IMUNG cm goods no EMM) no lw EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ssr «c as ug rm m no l/l 12/1 11/1 IVI 14/1 IVI 19/1 21/1 a/t a/i s/i a/i 2t/i in 2/1 vt V> U/l M/l H/l 11/1876 words
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Page 21 Advertisements
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Advertisement733 1986-08-04 21 MAJAPAMT OOWA KOTA MMM PACIFIC INTERNATIONAL LINES \A▼ YW\ PIL Building, 140 Cecil Street 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE n SM JKT sav SM WI tn WI IT/I rut nn m nn M M M •TCH TAICHUNQ *MUR HKQ KAO TCM KH M MUR *HTC VOK733 words
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Advertisement459 1986-08-04 21 BENLINE CONTAINERS FROM UK/CONTVOT no mm run** M o/i a/i &/t a/i ii/» ia ia «/> 7/t ia ua 11/1 IV9 17/9 lt/9 a/1 nn w% v/% n/% 1/11 2/11 4/11 VU IVII 11/11 lVll IVM IVII 17/11 U/ll M/M m/u a/it vn» a/u TO UK/CONTMENT CRy tMwtk UM Uri459 words
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Advertisement265 1986-08-04 21 ri m HKMNi lIhM |/Il"d i'J!^4 SINGAPORE TO EUROPE ■EG f IB DJAKARTA LLOYD INDONESIAN NA'IQNA! INF '< taPM mm a/* fIMB 12/ M n/ p a t l K A JAVA ACFNCIES SISAL PTF LTD RORO CONTAINFR SLRVICE TO FROM AUSTRALIA l muni iv* ivt t m zi/t STQK265 words
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Advertisement297 1986-08-04 21 BOUSTEAD SHIPPING AGENCIES CIS VMM mil V* BURMA FIVE STAR (Burmese National Urn) Loadnf for Ranfoao ?pmt tMmi Nmnk I s/o*i 7/f I >/M km 4/5 ft* 17/20 Am 14/10 ft* BANK LINE WMTWOUW) TO MCC STORE MMM Ml INK v 'T TTT TMBALA SAMOA *7 7/1 9/9 IC/9 13/9297 words
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Page 22 Advertisements
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Advertisement1139 1986-08-04 22 \B"K"line USA CANADA ttuumccwT (Round Tho World Sonrico) KAWASAKI KISEN KAISHA VLTDIMD a MMSTER V2C 0. KNGKT Rt S. S. WDGE V3tt/VO*AZANO PAOFfC COAST reaa m F. N. HODGE V 24 MM STAR VN PACIFIC SOUTH WEST moticivsl i/imi la/lb om PACIFIC NORTH WEST motwr wi t/s wi a w1,139 words
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Advertisement625 1986-08-04 22 AUSTRALIA EXPRESS CONTAMER SERVICE AoeipUng FCL/FCL rrmtalnarß feeM PftolM| Imi Vets* Sport IMk Frta SfM Mat hum RANDASV24 I "RNNMS" V.24 10 A* 3 Sep* 1 AM/Bra CAURARV27 19 A«| CHAfOOAS *21 2 So* 17 Sept ?6 Sept AM/Bra ESTEdrPER V 7 11 Sopt KAMOAS V3O 1/ So* Oct ll625 words
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Advertisement514 1986-08-04 22 m GOLDEN LINE GUM SUM SHPTtte (MI) LTD murm MM m moms <M ÜBI STWUTS/fOKIAM 6ULF SERVICE: s*. GOLDEN HOMO Cokmbc lvxH Mnu Qtboos 11/12 km Dubai Ba^ram eouo KM Cataato/Raracki/Ortu /BMran/ftiwM M/2f fit tM MNGCffIG 1/1 2/1 lmgqumm a/i 2i/i GMOOB 22/1 23/9 GUCtOB 1/1 2/» Spn bracW Sw>M514 words
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Advertisement368 1986-08-04 22 INTRASEA !PTE) LTD"! 10 Ans on R ),icl «2 7 16 lntema'u)n,< a? Snqapore 0207 Tel *****11 1 BREAKBULK SERVICE TO EUROPE/UK Vpmt P. LmM* tarKM CAREER KK9I4 M ROT/ANT/W (AVON) norld ares amis u/i mn/m/m (rvoo/sii Tf I 1; II PHILITRON SHIPPING AGENCIES PTE LTD TEL 2238K22 (8 I368 words
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Page 23 Advertisements
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Advertisement590 1986-08-04 23 lEPTUE MOICKS Pit. LID. K O/MBI W/SU imm qs r"—« vmv rmm rmw *****2? *****53 (X HKCT UKJ 27*11» *****18 n Ikw col *****44 PEPIM SON. M. MW/388R85/381M&3/*****28 NEPUK SOU M> 24»771/2«*****/2«Jtt3S nepik SON. M>. t\wa/um&/mm/tnu\/inw TO EUROPE/UK (VIA SUEZ): IW BNDGE J3I CI PMB 8» C CONTMO ML 0590 words
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Advertisement360 1986-08-04 23 HEUNG-A SHIPPING Korean Flag Vessels DO* AM SEMI CONTAINERISED DIRECT SERVICE TO P KELANG PENANG, BUSAN. INCHON MM In S'pvt Hi t Dwm/MSM h Pwt Hi 7 ftw/IMH u/t Hi 9 Daun/HCM li/l [aitam ttvy/fMS (Mi) 11/1 (OH Hi. tan/M7H 22/1 Eattea l*> «M 5 (Ma*) 29/1 IW/MW M) a/I360 words
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Advertisement483 1986-08-04 23 m sinsov SINGAPORE SOVET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Sinfapore 0104 Tet *****33 (15 Lines) Ti Cable Address SMSOV SMGAPORE Tdei Numbers RS ***** RS ***** RS ***** Office: *****41/2 P ICE LANG M/S SHARKAT VMM SOON SON BHD IST AND 2ND FLOOR. NO 1. JAIAN483 words
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Advertisement30 1986-08-04 23 V/f/S/H/V VI I SEQMI MMU V.IA SUM HOPE *.3* NTPOMMtU ¥.3* SHBUSANA MDSHM ft N.T.T. TFTN CO. PIE. LTD., 143, Cad Skwt #11* 0 Mk| t+m JEu ZZ3KZ2 (2 I30 words
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Page 24 Advertisements
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Advertisement394 1986-08-04 24 [Si! REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) i 'i innfjni lE3CE3 [□*****21 ili i r!t navi i\ a •Aa 1 CE3EZ23 EM \\l fll Mli "V 11 Hb ■t"V "1 Hisii 1 ITi *irT777l 23-24/1 THAILAND rrr [T^J mi n nrm rrm rrm m m n MALACCA STRAITS394 words
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Page 24 Miscellaneous
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Miscellaneous171 1986-08-04 24 Regional Weather >>: A t '++> 4<> 7J i 4 r Y m a SB^»c E2 T2\j^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MORMNG. *C yA cT w Wind direction with speed n knots Wave height LEGEND: S^T tofm Te C <^lo d direction with speed r>171 words
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Page 25 Advertisements
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Advertisement271 1986-08-04 25 SANKO LINE, Th« Sanko StMmship Co.. Ltd. S'pwe fXebni LOAOMG FOR: Ml hi Part SETE/IK/HOLL/ANT L N SMPPM6 PTE LTD NM Tra* Cmkt 1 Ifaritim Store #12-19 tean Mt9 Th RSSO97S TEL *****11 KSJL (M) SON BHD KL Tal 4MM3/*****7 fT WL W 3K9M Th ***** EAST ASIA LINE (Malaysian271 words
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Advertisement117 1986-08-04 25 MANAGEMENT •v*ry Monaay TFS !NTEPNA T IONAL i 11 mm TFS VOY 115 TFS VOY 11« M 16/8 W/t 25/1 Eta Nn Eta Hbg 9/8 31/8 4/9 TFS VOY Eta Fan Eta Mai 5/1 29ft TFB VOY A4B 1/9 Eta 14/S !ta Fan Eta Kaa 5/8 12/8 TFS VOY T7B117 words
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Advertisement342 1986-08-04 25 PAKISTAN NATIONAL SMPPMG KARACHI REGULAR COMBmOML/CONTMER SMMZ MDONEStt/KARACM-DUBAUMISIAII VSI m SBAVA TGJMR BEIASAN OtSMJUD 1719 AUG 20-21 AUG 21-24 AUG 21-27 AUG SHALAMAR 22-24 SEP 25-27 SEP 20-29 SEP 1- 2 OCT Loadni tor Kvxte-Ouba-Oiawum. (Nhar ln*| ft Ad ports iMbpct aOacwwial Far uphill/ fcMktap pbm c P.T. BUMI LAUT342 words
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Advertisement190 1986-08-04 25 LUCKY SEAWAY SFRVICES S T< i It. Y Tel UU*. V f'Mh S• < MA d*) 644 Sfiiw.iy fiTM r\ VESSEL RLT SMMfTI 1979 1979 l/« 5/1 19/t Mn, MM* «Ka*a.Rta Trt A 3-*****44/*****79, Ik MR ***** En* STORE TO COLOMBO/MADRAS ETA CTD LORME FOR 15/1 11/1 rimi.Hii B'PORE/W.M*SIA/BABAM/AUBTRALIA UP190 words
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Advertisement116 1986-08-04 25 SLIMY NAVIGATION -"1111 ff WRECT WEEKLY TO PORT KBJM6/PEMM6 •IT ATTRACTIVE MIET fcSUTMI t SELATM SdM V* 1/1 l/l U/l U/l li/l IVI vv SOUTHEAST-ASM 10 a .i odM am. mime car. nc ltd *****11 (5 UKS)/SKM9 (Dnet) 190 WOE #1446 FOKTIfK I 0718 RAPID SHIPPING If fOH IR ANS116 words
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Page 26 Advertisements
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Advertisement379 1986-08-04 26 i-3B ACCEPTING FCL, LCL ft CONVENTION JLJL TT JL L CROSS WATER Fa I LCI ILL ■»3 Ml l/l lt/l M/l I 'Ml 11/1 i/« i«/i 12/1 4/9 22/9 11/ l 17/1 24/9 12/9 27/9 7/9 11/9 U/9 25/9 7/9 14/9 21/9 9/9 19/9 22/9 U/9 »/9 19/9 OTD/WL/WS/tfEl ISA/CANADA379 words
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Advertisement405 1986-08-04 26 HEAP SENS TRADMK A StHPPMC PTE LTD •001 BEACH ROAD #I*ol OOLOEM IMLE TOWER TEL MO. *****22 (8 UNU) TLX MO. NO ***** MEAPCO HI f II lL.' SM via* I N 12/Ui« 11 23 tai */n »m KMiOVD EAC MBKB <a> T* M-JK747/3 P.T UNITFD SHIPPING ORGANISATION LTD JAKARTA405 words
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Advertisement538 1986-08-04 26 1* C.Y. LINE (A M>mb»f Of Tha ACE Consortium) CHO YANG SHIPPING CO. LTD FUIT CONTAINERISED SOVK2 TO EUROPE (MA SUEZ) l- a/» JM**rm **3 Sy« u/l i/» v« i/i 7/» v* (y aWTWO M/| «/1 »/1 11/9 IV9 14/f iv» DWt* CWM 77/1 1V» lt/t 17/» 2VI 21/» *J/»538 words
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Advertisement598 1986-08-04 26 Everett Lines 11 COMPANA PERUANA Dfc VAPOKEES (Cf.V.) "PERUVIAN STATE UNE" lo«kn( tot Cjiao Io and 4 0* crv Threap Mi ol Lj**| I* ha* i aft tramfcpMNt at Rate 12/13 24/25 4* 3/4 Sa» "EVERETT ORIENT LINE" j JAPAN/BAY OF BEItGAL/iAPAN SERVICE fi LOAOMG FOR HONGKONG*. YOKOHAMA. KOBE. H598 words
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Advertisement143 1986-08-04 26 ZIM m HUT cmtmu m m tw mi n m m m n vi ivi o/i a/i a/i o/i iff BMC IJ/I 17/1 1/f VI V» V» 11 wmmu ■rrrrt n/tm i 11/1/* i is/vis GOLD STAR LINE T SJI VML Durban/? Hzabcth/ f* tj Tt m sf*pc*ng (sw-gapcx-e) private143 words
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