The Business Times, 6 August 1986

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 192/12/85 75 CENTS WEDNESDAY, AUGUST lttt
    11 words
  • 503 1  -  Sluggishness in some sectors By BOEY KIT YIN THE LOCAL ELECTRONICS industry enjoyed a 10.8 per cent gain in exports in the first half of the year, but this apparently encouraging figure disguised sluggish performances in many sectors. Relatively few products, in particular disk
    503 words
  • 550 1 THE BIG SURGE in demand for integrated circuits, seen in the opening (our months of the year, has subsided, leaving chip makers concerned about the future of their order books and the possibility of temporary factory closures. Once a major driving force
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  • 287 1 SINGAPORE'S 21st National Day brings good news to 6,900 tenants of Housing and Development Board commercial and industrial premises. The Minister for National Development, Mr Teh Cheang Wan, said the HDB would defer a rental increase for these tenants by another 16
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  • 259 1 FOR THE SECOND consecutive pension. continued buying interest took share prices on the local stock market to higher ground on heavier volume yesterday in spite of some easing off towards the close. Local industrial bine chips inch as Cerebos, Haw Par, Singapore Press, SIA, UTC
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  • 487 1 Reuter, AP WORLD oil prices surged to around US$l4 a barrel and the pound sterling, the currency of Europe's largest oil producer, took on a healthier tone yesterday after Opec reached a surprise decision to slash its output
    Reuter,; AP  -  487 words
  • 445 1  -  By BRIAN GOMEZ THE RADICALLY altered composition of Malaysia's ruling National Front coalition is likely to cause delays in the announcement of a new Cabinet line-up. A government source told BT that Prime Minister Datuk Dr Mahathir Mohamad was only likely to announce his
    445 words
  • 70 1 THE HOTEL SECTOR in Sfa* gapore has been in the doldrums for some time with the drop in the number at visitors. It has been tough going and one of the things that might be affected is the hotels' training budget. Will hotels continue awarding management scholarships
    70 words
  • Page 1 Advertisements
    • 194 1 August 26-29,1986 World Trade Centre, Singapore The Exhibition Peocte IBS offers a full range of banking services to meet yourneeds Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan p ogramme that makes it easier for you to own a home Ml
      194 words
    • 278 1 Value for bunker MORE VESSELS are coming to Singapore for bunkering than ever before, now that the Republic is offering one of the world's lowest prices for bunkers. The future, however, will depend on how the market reacts to the decision yesterday by Opec producers to cut back on crude
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    • 178 1 Cahners Exposition Group CBai The Exhibition People FuN report, Pag* 13 Intl stocks, Pag* 10 Asian stocks, Pag* 11 8m Pag* S lilMi. WJT« roAi aciKwi^ 1 3! V t r\ \V X V> \V" ANEW LOOK, A NEW LIFESTYLE. If you are looking to stay in Singapore for a
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  • HOME NEWS
    • 684 2  -  By JAIME LYE SHOPPING CENTRE touts are again taking centrestage, only this time, it is the tenants at Orchard Towers who are not clapping. Several tenants have complained to the police and the shopping block's management company, but to no avail. The latest complaint
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    • 322 2  -  By ALVIN TAY THE AUSTRALIAN state of Victoria regards Singapore as an important market for a wide range of products and is intensifying its efforts to develop two-way trade, says a senior state official. According to Mr Bernard Delaney, the project
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    • 366 2 FAMILIAR OINKS and distinct odours from pig farms will be gone from the Jalan Kayu area by June next year. Farms in the area are being cleared in the second stage of a government exercise to phase out all pig
      366 words
    • 297 2 8 PAUL REVERE has been appointed to the board of Esso Singapore Private Limited. He has assumed the position of refining director since July 14. Mr Revere Joined Exxon in 1967 as a mechanical engineer. He later moved into various positions in Exxon USA's Baton Rouge Refinery
      297 words
    • 308 2  -  •y LEE HAN SHIH AROUND one-fifth of the remaining farmland in Singapore disappeared under roads, parks and Housing 4 Development Board flats last year. The continuing urbanisation of Singapore required some 1,180 hectares of land, or roughly the size of two Ang Mo
      308 words
    • 425 3  -  By MARTIN SOONG THE HIMALAYAS may be home for more some employees oI Singapore's two Holiday Inn hotels soon. Fourteen people have applied for transfers to Tibet's first and only hotel, which Holiday Inn International contracted to manage last month. The applications
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    • 141 3 Sacrifices needed to achieve a better future Zulkifli SINGAPOREANS must be pre- I pared to make sacrifices and ad- I Justments in order to achieve a i higher standard of living, said the political secretary of the I Community Development Minis- 1 try, Mr Zulkifli Mohammed yes- terday. "Despite the
      141 words
    • 249 3 NEW TECHNOLOGY and a competitive printing industry have cut the price of the Singapore 1966 yearbook by almost a third. When it goes on sale Just before National Day, the 300-page yearbook will have a recommended price tag of $7, compared with
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    • 302 3  -  By BOEY KIT YIN AT LEAST three small local companies are in various stages of computerising their management planning backed by heavy government financial support and technical aid from their largest customer, Philips. The move to computerise followed a computer software workshop under a new
      302 words
    • Article, Illustration
      285 3 DATA GENERAL has launched the Data General One/Model 2, an improved version of the Data General/One. The new computer is available with a choice of two types of screens Electroluminescent (EL) or Liquid Crystal Display (LCD). The EL screen runs on AC power or with an external rechargeable
      285 words
    • 197 3 WAGES have been frozen for this year (or Resources Development Corporation (ROC) staff. The government-owned company and its union, in a letter to the staff, said profits were expected to drop drastically this year and that turnover was unlikely to improve
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    • 354 3  -  By ELAINE KOH EUROPEAN Standard Electronics (ESE), which makes television sets and computer monitors, will invest $5 million annually over the next two to three years and start recruiting 360 more people to increase production of its colour TV sets (CTVs) by 60
      354 words
  • Page 2 Advertisements
    • 388 2 Prompt pickup and delivery 24 hours a day One side of the brain makes all the rational decisions while the other makes all the emotional decisions. Judged by any standard, the 1986 Volvo 740 must be seriously regarded as one of the finest 2-litre cars on the road today. It
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  • Page 3 Advertisements
    • 82 3 THE BUSINESS CARD DINERS CLUB CORPORATE CARD WHAT IT MEANS TO YOU: The Company Greater financial control Reduces cash advances $350,000 worth of travel insurance Limited liability up to $125 Flexible enough to suit your system Improved cash flow Fast free replacement Reduces administration costs Prestige Peace of mind from
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  • ASIA-PACIFIC
    • 196 4 Reuter SAUDI ARABIA, the world's largest oil exporter, has announced its second budget postponement this year, saying it is too difficult to assess oil revenues. After a Cabinet meeting in Jeddah on Monday chaired by King Fahd, Information Minister All Hassan Al-Sha'er said:
      Reuter  -  196 words
    • 832 4 Operator SIA UA OA GIA SIA RBA MAS SIA KAL MAS MAS SIA CPA RBA GIA SIA SAS UB SIA SIA THAI CAL MAS GIA SIA SIA AY GIA GIA SIA SIA RBA GIA SIA ARRIVALS «rvic« Locol From lumber tint* Q117 0005 KUL JA805 0010 JFK/SFO/HKG
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    • 505 4 AP THE PEOPLE of the west Texas town of Midland, suffering from the downturn in petroleum, are selling their experience and know-how to China, which wants to improve its oil production. Thirty Midland business representatives visited the eastern Chinese city of Dongying, about
      AP  -  505 words
    • 444 4 Reuter THE US has reached a four-year agreement to limit South Korean textile and apparel imports. US Trade Representative Clayton Yeutter said in a statement on Monday that the agreement would restrict South Korea's shipments to an average annual growth of Just under
      Reuter  -  444 words
    • 173 4 JAPAN'S Ministry of Finance, in an effort to curb the surging yen, will announce plans to lift some restrictions on capital outflows by Japanese investors, according to a report in the Japanese economic daily newspaper, the Nihon Keizai Shimbun. An English translation of
      173 words
    • 222 4 AFP THE PHILIPPINE ECONOMY is expected to post a balance-o(-pay-ments surplus of close to US$2 billion in 1966 if debts due this year are rescheduled, a Philippine newspaper report has said. Business Day said on Monday that the surplus could be achieved if external
      AFP  -  222 words
    • 151 4 AFP A PHILIPPINE INVENTOR may be ahead of the US in developing a "Star Wars" system, with a claim to have invented a device that can reportedly destroy not only nuclear warheads in space but pests on the ground as well. Filipino inventor Pablito Ayo
      AFP  -  151 words
    • 170 4 Bernama A PACKAGE of measures to promote the industrial advancement of developing Asian Pacific countries through the transfer of technology and management skills has been recommended by a 12-nation workshop just concluded. The measures include the setting up of research and development pro-
      Bernama  -  170 words
    • 411 4 AP TOP CHINESE LEADER Deng Xiaoping, in a move to ensure the continuation of his economic reforms, has started to overhaul China's entrenched and inflexible political system. The official press has recently featured scholars and state leaders arguing for a
      AP  -  411 words
    • 263 4 UPI POLICE in southern China have uncovered a black market syndicate handling millions of dollars worth of illegal foreign currency transactions, according to the official China Daily newspaper. The newspaper said yesterday the operation was allegedly masterminded by managers of
      UPI  -  263 words
    • 364 4 Reuter AUSTRALIA will enter a period of recession in fiscal 1986/87, ending June, says the chief economist and director of investment bank Dominguez Barry Samuel Montagu Ltd. "The recession will either be government induced, or it will come of its own volition," Mr Ray
      Reuter  -  364 words
  • Page 4 Advertisements
    • 169 4 International Conferences for the Electrical Electronics Industries in ASIA 21 24 October 1986 World Trade Centre Singapore Featuring Power Convmton ond Mmtrtol Control 22 23 October Trad* and Inneriineiil Opportunities m Atean. PRC and India 21-22 Octobef Ate Murine Tutorials on Focfcxy Cornrrxjntcaftons and Development of VISI-Based Products 21 October
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    • 100 4 HANDBOOK FOR HANDBOOK FOR BUSINESSMEN LETTERS OF CREDIT DOING BUSINESS IN CHINA THK WMMXiMAVSi UK* The essential aid to all traders, secretaries and those who want to start doing buriness in Singapore. $14. GUIDE TO LETTER OF CREDIT An indispensable aid for those concerned with international trade operations. It contains
      100 words
  • Page 4 Miscellaneous
    • 56 4 Doonesbury ANPI KNOW SOMEONE WHOSVEM CLOSE TOTHAT UH COUNTESS WHOSAUMtS HUH J AT THE PALLADIUM. YOU KNOUJHER, I'M SURE... BOTH OF IHEM R&STAJFANTHOPwrm juuan sowabecs ASSISTANT, IWOKJCKEPm&> LON6 BEFORE IT BECAME FASHIONABLE. HESSOOO BY GARRY TRUDEAU M m tin SI t *r A m IV A VISCOUNT!A Z22Z VISCOUNT CAME,?.
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  • REST OF THE WORLD
    • 489 5 AP THE SEVEN-NATION Commonwealth conference in London split early yesterday over South Africa, with Britain refusing to impose tough sanctions while the other nations adopted harsh measures. British Prime Minister Margaret Thatcher, declaring she had compromised her unshaken opposition to sanctions for the sake of
      AP  -  489 words
    • 204 5 Reuter WESTERN developed countries said on Monday that they contributed about 86 per cent of the voluntary aid channelled through the United Nations in 1964 while Soviet bloc nations provided only one per cent. Developing countries provided the remaining 13 per cent, they said, in
      Reuter  -  204 words
    • 56 5 AFP THE ELECTION of Kurt Waldheim to the Austrian presidency had violated clauses of the 1965 Austrian State Treaty banning former Nazis from being members of the Austrian armed forces, said the World Jewish Congress on Monday. As the president, Mr Waldheim is also the commander-in-chief
      AFP  -  56 words
    • 365 5 AP INFLATION in poor countries fell last winter but is still much higher than in the world's more prosperous industrial areas. The International Monetary Fund reported on Monday that areas that depend heavily on sales of oil such as Mexico, Venezuela and Egypt
      AP  -  365 words
    • 164 5 AP THE INTERNATIONAL Monetary Fund is cutting its annual interest rate from 7 per cent to 6 per cent on about US$l9 billion worth of loans to member countries. An unofficial calculation indicates the change will save borrowers in the Third World about
      AP  -  164 words
    • 264 5 AFP THE EUROPEAN Community, reacting to a US decision to sell subsidised wheat to the Soviet Union, has vowed to defend its share of the international wheat market, with some analysts citing a possible increase in community export subsidies. A spokesman (or
      AFP  -  264 words
    • 385 5 FT NUCLEAR POWER output in the industrial world is likely to increase by about 85 per cent during the next 15 years. According to a survey by the Paris-based Nuclear Energy Agency, by the end of the century, more than a quarter of electricity produced
      FT  -  385 words
    • 107 5 UPI MILLIONS of Americans are exposed to carcinogenic radon gas when they take showers or use washing machines; and for some in New England, it is the equivalent of smoking a pack of cigarettes a day. According to an article reported on
      UPI  -  107 words
  • Page 5 Advertisements
    • 386 5 The prestige of the number one address in the business world. The esteem of the tallest building outside the United States. Hie efficiency of one of the most technologically advanced office complexes in theworld. At OUB Centre; productivity and prestige work hand in hand to give your company many distinct
      386 words

  • TRAINING & DEVELOPMENT
    • 638 6 Seminars and Courses S C EG Cahners Tel: *****13 Exposition Tbc RS ***** Group Fax *****66 DURATION TITLE Aug 18-19 Time Manoger Seminar Aug 18-20 Sates Leadership by objectives Port 1 Aug 18-29 Corporate Strategy in the Retail Sector Aug 19-20 Finoncing Your Exports Competitively Aug 21-22 Finance
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    • 1079 6  -  By ANNA TEO ONE TELLING sign of how some hotels are holding out during the current slump may be seen from their dollar figures committed to training. While most hotels are cutting back, a few recently started or expanded their training departments. One
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    • 273 6 THE SINGAPORE Institute of Management has upgraded its Diploma in Business Studies which is taught in Mandarin. SlM's executive director, Professor You Poh Seng, said yesterday that the upgraded programme would now be known as the Diploma in Business Management (DBM). Professor You added that
      273 words
  • Page 6 Advertisements
    • 104 6 The People Solution Your electrician has taken a long vacation Your draughtswoman is on maternity leave Your welder is hospitalised You need an Engineer desperately What do you do? Skilltek! We have the available specialists for hire on a temporary, short or long term basis We also offer full and
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    • 320 6 J^esemjfjor aSNeSSM.V iht 1 JPHJUrap^ r *> r (l excellence Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who made the most notable contribution to business in 1986.
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  • BANKING AND FINANCE
    • 397 7 NYT AMERICA's big banks stand to pay many millions of dollars more in taxes in the next five years if, as appears likely, Congress repeals two of their tax deductions. It is almost certain that Congress and Senate will eliminate the tax
      NYT  -  397 words
    • 124 7 AP MORE THAN 25 countries are delinquent in their payments to the US government's Export-Im-port Bank and owe the financial institution almost US$2.7 billion. According a bank annual report issued on Monday, the figure does not include interest. The bank holds a total of
      AP  -  124 words
    • 370 7  -  By SOH TIANG KENG, Financial Correspondent FUTURES TRADING on the Singapore International Monetary Exchange hit a new monthly record of 73,223 contracts last month. Latest Simex figures show that the July volume battered the old monthly record of 72,589 lots set in January this
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    • 136 7 Reuter BRITAIN'S gold and currency reserves fell an underlying £4 million In July, after a £291 million rise in the previous month, the British Treasury has said. The underlying movement is net of new borrowings and repayments, and falls are regarded by the market
      Reuter  -  136 words
    • 34 7 THE SINGAPORE branch of Hongkongßank will cut its prime lending rate by one-quarter percentage point to 7 per cent with effect from today. Its deposit rates, however, will remain the same.
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    • 363 7 Reuter THE ANNOUNCEMENT by the Luxembourg government of a series of tax cuts for next year is a welcome move which signals the authorities' willingness to boost the hanking sector and will stimulate activity in Luxembourg, senior bankers have said. The government, unveiling its 1987
      Reuter  -  363 words
    • 308 7 NYT VENEZUELA'S Finance Minister, Manuel Azpurua, has reassured bankers in the US that his government will seek to ease the terms of a law passed by Venezuela's legislature last month for debt repayment that the foreign banks have found unacceptable. According to several major bank
      NYT  -  308 words
  • MONEY AND EXCHANGES
    • 727 7 Reuter SINGAPORE THE US dollar yesterday closed firmer against major currencies after fluctuating throughout the day in fairly active trading, while sterling strengthened further. Dealers said the dollar opened higher on light shortcovering but weakened around mid-day on selling by Middle East banks. But it recovered in late
      Reuter  -  727 words
    • Article, Illustration
      293 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading, dealers said. Short-dates were steady to about 1/16 point higher at the outset due to a slightly firmer US Fed funds rate. Thereafter rates were unchanged with overnight and Wednesday/Thursday closing at 6-9/16 6-7/16
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    • 196 7 HONGKONG: GOLD yesterday closed lower in fairly active trading on some local profittaking and stop-loss selling. It ended at U*****.10/50 an ounce compared with New York's 360.10/60 close on Monday and the 360.75/361.25 finish here. On the local market gold lost HK522.5 to end at HK53,309.50 a tael. The
      196 words
    • 467 7 BA Futures EURODOLLAB futures yesterday opened higher as talk about Japanese authorities liberalising capital outflows to stabilise the yen and doubts about economic growth in the US prompted shortcovering. Both the September and December contract were, however, narrowly traded between 93.56 and 93.50 for greater part of session as
      BA Futures  -  467 words
    • 62 7 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/8 per cent yesterday, down 1/2 point from Monday's close. The term rates remained unchanged across the board. S$ Interbank rates at 7pm yesterday: OH*r m Ov«fnqlh' 4 1/8 4 Inronth 4 3/8 4 1/4 2-month 4
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    • 198 7 Interbank rotes at 3pm yesterday: OBMMNIi®® McmlRfll HIM Wd (Mar crooe parity ehONge Local dollors to nrrtncy*. US dolor 2.1730 2.1740 2.8196 -22.93 Sterling pound 3.2127 3.2153 7.3469 -56 27 Australian dolor ***** ***** 3 4286 <6112 NZ dolor 1.1245 ***** 3 4286 -67 20 Canodwn dolor 1.5723
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  • Page 7 Advertisements
    • 62 7 An Image You Can Bank On. \(!W, prestigious building in the heart of the hanking financial district Highly visible corner ground floor banking hall with vault High pedestrian traffic Innn 9 5 pm Elegant internal spiral staircase link to banking offices Approx. 2487H sq ft Problem-free parking Readv for immediate
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    • 174 7 A An Oriental Charm T" vk. f *->L! I I •1 4-cp*. 4 -w t *V r <-/ Looking for lapanese food that will dazzle your senses and tempt your taste buds? Watch a Japanese chef cook the food at your table as he juggles his utensils? Come to Ginga.
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  • FEATURES
    • 541 8 KILLER LITTER is serious. But Just as serious is the controversy which surrounded last week's p«a<Hng of a Bill in Parliament to give the Housing and Development Board wider powers against tenants found guilty of killer litter and other offences. The episode saw a government backbencher,
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    • 968 8  -  Focus of cooperation will be two-way trade By FLORENCE CHONG THE AUSTRALIAN metals and engineering industry is making a concerted effort to establish itself in South-east Asia and, in particular, China. The Metal Trades Industry Association (MTIA) has recently carried out a detailed survey among
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    • 862 8  - Rising yen the mother of invention Some Japanese exporting companies are under pressure from the higher yen. CARLA RAPOPORT describes how Konishiroku is dealing with this problem by stepping up its research programme. CARLA RAPOPORT FT AS THE YEN continues to appreciate, Japanese companies are spending more money on research
      FT  -  862 words
  • Page 8 Advertisements
    • 120 8 M onagers ust anage BT shows you how every Monday. >•11 hi it 111 l lift mi' mi iin lilt* H iir S f! Si Mi Hit J'i nil' BT provides the information needed by all bankers, investors, forex traders, money chancers, goId& silver traders BT, S'pore's largest business daily,
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  • Page 8 Miscellaneous
    • 663 8 CRYPTIC PUZZLE ACROSS 1 Oh, blow it! (5) 6 This hand is not in error (5) 9 Just the tree for nice development (7) 10 Bear, yet cry out (5) 11 He may be after gold (5) 12 She shares in a nice liaison (5) 13 Little things in army
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  • SPORTS
    • 211 9 Reuter LAN BOTHAM signalled his return to first-class cricket after a two-month ban by smashing a century in 64 minutes against bewildered Worcestershire at Weston-Super-Mare on Monday. In his first innings in the English County championship since the ban was lifted,
      Reuter  -  211 words
    • 751 9 UPI A TYPICALLY historic course in Ohio awaits a typically talented group of players for the 68th American PGA championship, which under only slightly different circumstances could have been one of the most anticipated golf tournaments on record. If Greg Norman had made a
      UPI  -  751 words
    • 471 9 AFP THE HUNGARIANS have spent a fortune and will collect a pittance when the first Formula One Grand Prix to be staged in a communist country takes place in the small village of Mogyorod, 20km north-west of Budapest on Sunday. A
      AFP  -  471 words
    • 198 9 AFP FRENCH ocean racer Yves Pajot's ill-starred America's Cup challenge is again facing financial ruin. New sponsors who promised to pump over a million pounds into the bankrupt challenge have failed to deliver and on Monday, only four days to go before the syndicate
      AFP  -  198 words
    • 408 9  -  By WALTON MORAiS ON PAPER, Mikiko Ohta might be the favourite to win next week's Tanah Merah Ladies Day competition but the golfer herself doesn't think so. The former Queen Sirikit Cupper is struggling to "put my game together" again and, with just
      408 words
    • 368 9 UPI AN AMERICAN federal Judg* has nftid to iMK a prelimi* nary injunction that would hav# pi e vented a six-event suspension of golfer Mac O'Grady. Senior Judge Edward Schwartz ruled in San Diago ad Monday that O'Grady's lawyer? Stephen Novak, did not
      UPI  -  368 words
  • Page 9 Advertisements
    • 99 9 Keep a 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. CommraentarieB
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  • Page 9 Miscellaneous
    • 1168 9 worn WE*id) ALL THE WORLD'S A BTAQE Razzmatazz And Realism Bpm, Channal 12 The great American musical has its roots in 19th century spectacularism, English and European musical the 1930s aH these ingredients began to coalesce into a new art form. The story of its development is told in the
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  • INTERNATIONAL STOCKS
    • 278 10 NYT LOCKHEED CORP on Monday announced major changes in its senior management, including a new manager for its top-secret "Skunk Works" programme to make classified aircraft. The shuffle gives Lockheed's new chairman, Lawrence O Kitchen, who took the post in January, a chance to put
      NYT  -  278 words
    • 177 10 FT BEECHAM, a British drugs and consumer foods group, has ended its long search for an executive chairman with the appointment of Robert Bauman, the vice-chairman of the US aerospace and financial group Textron, at an estimated salary of US$l million a year.
      FT  -  177 words
    • 328 10 Reuter OIL SHARES on Wall Street surged dramatically on Monday, helping to take the overall stock market from a sharp deficit at mid-day to a mixed finish. Oilinfluenced market averages ended higher, while losers outnumbered gainers by a three-two ratio in the broader market.
      Reuter  -  328 words
    • 142 10 Reuter HAMMltiiiMii Paper Co, whose board has unanimously rejected a US$52 a share offer by an affiliate of Bilzerian and Mack Associates, is considering various takeover defences, including a leveraged buy-out or business combination with another company. In a filing with the US Securities and Exchange Commission,
      Reuter  -  142 words
    • 201 10 AUG 04 Tongoot 745 5 Trust Bk 132 2 INDUSTRIALS Un St 51 1 Woottru 1200 50 A Afcho MOO 25 Aborcom 240 unch MIMNGS 1350 -10 5000 -90 Amaprop 4825 50 Angvool *****6 300 1835 Btyvoor 2025 40 C G Smith 2775 25 Butt eh 8050 +150 CMA
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    • 682 10 AUG 04 U» Aicon AJurran Alcoo Afcg kid A»ad Sag AJkad Srorat Aii-Chakrwi Am Brandt tnc Am Can Co Am Cyonorrvd Am Eloc Pwr Am Expra* Am 11— Prod Am Motort Cp Am Tal 4 Tal Ama> he Amarodo Hat Amoco Corp Amr Corp Armco kne Asarco Inc
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    • 852 10 Amsterdam AUG 04 Ffc AflN 625 00 5.5 Atoon 102.50 +2 Ahold 94.30 -0.3 Aim 163 30 +1.3 AHnlo 151.70 unch AMEV 7600 ♦OS Amro Bonk 113.10 +1.4 Am S*od ***** +05 tarkal M 00 -1 Bonumii 109 00 +1 Wiiiimi T«tt< rod* 208 00 -2 C *****
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  • Page 10 Advertisements
    • 365 10 <4 Wtape to wia dtae aai eatertaia The excitement it buck at the Kasb+b. i •w J V. 333 Orchard Road, Singapore 0925. Tefc 737 4411 MAGICALLY HYATT 1+ 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for
      365 words
    • 77 10 London stocks on Pag* 15 favourites. Entertainment: Bpm nightly except on Sundays. Opening Hour*: 12 noon to lam nightly Extended to 2am on Fri.. Sal. and Eve af Public Holidays. > r ®PR/NCE HOTEL Managed by Prince Hotels japan Continuing the Prince Hotels tradition of friendly tenner 270 Orchard Road,
      77 words

  • ASIAN STOCKS
    • 326 11 HONGKONG: Share prices closed lower yesterday on heavy profittaking as the Hang Seng Index fell below the key 1,900 level reached on Monday. The index lost 17.24 points to 1,889.04 after posting a record high of 1,906.28 yesterday. The Hongkong Index shed 11.88 points to 1,175.47. Utilities suffered
      326 words
    • 248 11 AUG OS AJ Sncm Ma Aim Cam** MT 1 99 23 40 -002 •0.4 Kuochan Dav Laa Chang Yuan Cham Mm Lion Hwa Mut 21.50 28.30 1100 undi •1.4 -0 45 Cathoy Cona Chang Hwo Bank 30 50 42.60 23.10 22 90 10.00 -0.5 -02 -0.6 -0.4 "P 2
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    • 392 11 TOKYO: Prices closed firmer yesterday on widespread buying, after four days of steady declines. The market average rose 151.68 yen to 17,414.78. Turnover was a moderately light 640 million shares against 320 million on Monday. The Tokyo Stock Exchange Index rose 19.93 to 1,429.06. The second section rose 2.64
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    • 74 11 AUG 09 Nm MonUe 0.013 Ac ore Mining Angio Phi 0.012 -0002 PM Overaeot 0 23 0213 Apex Mining 8 Adas Con. B. Gold Banc Petroleum Benguet Con. 8 0.012 Plcop B -0 005 ***** unch 0 0042 -0.0006 Son Miguel B Seutronl Sime Darby 152 66 50 0.0095
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    • 419 11 SYDNEY: Australian share markets closed higher yesterday across the boards in thin trading, buoyed by a stronger resources sector in the wake of the Opec agreement and the steadier dollar, brokers said.' At the close of trading, the All Ordinaries Index was 7 higher at 1,127.2 and the All
      419 words
    • 103 11 AUG 09 W« Km Me*or (Coton M 2019 2300 •41 •100 Owl Sugar Dotim M 1935 640 -15 •IS Korea Long Tom Lucky Lid 1560 1620 •48 •18 Doawoo Corp Donoo Htovy Dong Mi Phar Dong Suh Stock Oongbu Stool Gold Star 1510 1485 887 1650 1660 2050 30
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    • 141 11 Reuter BANGKOK: The Security Exchange of Thailand Index yesterday slid 1.30 to 140.00. Turnover totalled 215,843 shares valued at 42.6 million baht. Reuter AUG OS 1 Ao Khan Thai MM Siam Camar* Stam Cifczarw Sam CMzarm LMMIQ 567 Mp 482 -10 A fudhyo hnvmlmant Bangkok Agro-Wj Bangkok Bark Bark
      Reuter  -  141 words
    • 56 11 Reuter EQUITICORP HOLDINGS told the New Zealand Stock Exchange it would make a one-for-two bonus issue on its ordinary 40 NZ cent shares. It would also issue 4.8 million shares at the average price over the next five trading days in part consideration for buying shares
      Reuter  -  56 words
    • 262 11 Reuter AUDITORS of Union Bank of Hong Kong Ltd, Ernst and Whinney, have qualified the bank's results for the six months ended June 30. A bank statement said the auditors took issue with the board's decision not to make provision against certain loans
      Reuter  -  262 words
    • 172 11 Reuter THE CALIFORNIAN giant Security Pacific Corporation says it will join four other international banks to open the first merchant bank to be chartered inside China. Called the China International Finance Company Ltd, the new bank will be underwritten by Security Pacific, the
      Reuter  -  172 words
    • 365 11 Reuter BAHRAIN'S Cabinet has decided to set up a formal stock exchange, the Gulf News Agency (GNA) has said. GNA, quoting Development and Industry Minister Yousef Ahmed Shirawi, said the necessary legislative and other measures to create the stock exchange
      Reuter  -  365 words
  • Page 11 Advertisements
    • 86 11 32: M m Whet* to wim, dine m*l entertain Variety. With Quality. Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money. Only 14++ per adult and $B++ per child for a delightful meal Or select your favourite dishes from our a la carte menu
      86 words
    • 115 11 V ifvi IT, k WA Your evening begins... .at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while bottle buyers pay
      115 words
    • 139 11 o Level 4 A vortex of sight, sound and sheer imagery V 1 Ist Drink Charges: Sun-Thur: 9pm 2am;Ssl2** Fri, Sat k Eve erf Public Holidays: 9pm 3am; $18 LADIES NIGHT NO COVER CHARGE Tuesdays Wednesdays <8@ Exiceffior Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 Meals at Cafe De
      139 words
    • 147 11 fashionably hyatt Join the fashion-conscious every Tuesday, 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 $10.50
      147 words
    • 117 11 ONLY $12.50 BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES J. w/ Ti.. Lunch Hours: 12 noon 3pm 10* service charge A 3* government tax not included. taA a 10, CaimNll Circle, Singapore 0922 Tel: *****22 Telex: RS ***** 2 4 X Our Daily Specials! A sumptuous 3-course western
      117 words

  • RAW MATERIALS
    • 399 12 AFP HIGHER economic growth due to oil prices and recent stock declines "will pave the way (or healthier base metal market conditions" for the remainder of this decade, while the precious sector "could experience more testing market conditions," Metals Analysis and Outlook (MAO) has said
      AFP  -  399 words
    • 79 12 AFP WORLD PRODUCTION of natural rubber during the first quarter of this year was 1,060,000 tonnes against 1,030,000 during the corresponding 1985 period, while that of synthetic material reached 2,295,000 tonnes against 2,260,000 tonnes. According to the latest statistics released by the International Rubber
      AFP  -  79 words
    • 268 12 Reuter FREE MARKET PRICES (or raw materials in China are soaring as the government struggles to control the energies released by its economic reforms, according to government officials and Western diplomats. The country is in the midst of a transformation aimed
      Reuter  -  268 words
    • 110 12 OIL PRODUCTS CRUDE prices soared through the day following news of Opec's tentative agreement to reduce oil output by 3.5 million barrels per day by Sep 1. September Dubai traded actively with an early deal rumoured done at US$ll.2O and talk as high as US$l2 US$l3. Petroleum products were talked
      110 words
    • 177 12 Reuter MALAYSIAN crude palm oil prices yesterday closed weaker on short selling and buyers' reserve, in line with lower palm oil futures and pressured by a weaker Chicago soyoil futures close on Monday night, dealers said. Anticipation of rising output in coming months coupled with fairly large stocks
      Reuter  -  177 words
    • 579 12 Reuter COFFEE ROBUST A coffee futures on Monday ended mixed and above the day's lows on currency considerations, having dipped briefly with the New York market in the afternoon. Near November ended at £1,720 against Friday's close of £1,740 and a high-low of £1,730/1,673. Volume was 4,419 which
      Reuter  -  579 words
    • 365 12 RAS prices in S cents/kg, FOB in b «let NOON CLOSE Int 1 RSS Prompt 175 00 I76 00N 174 50 I75.50N Int 1 RSS S«pt 86 174.75 175 25 174.00 174.50 Int 1 RSS Oct 86 174 75 ***** 174 00 174.50 Int 2 RSS O
      365 words
    • 100 12 (ccnti/kg, 1-ton p scrr 86 OCT 86 (currant month) (forword month) NOON NOON RAS B«y«n CJUM JWtn Sthtn SSR 20 161.00 163 OON 161.50 I63.50N SSR 50 158 00 160 OON 158.50 160 50N MRELB f -M jfPtn 5>Htn SMR CV 238 00 240 OON 239 00
      100 words
    • 183 12 Reuter WHEAT FUTURES on Monday closed 1/4 to 1-1/2 US cents a bushel lower on the Chicago Board of Trade. December finished near the middle of a seven cent range at U552.64, off 1-1/2 cents. Prices fluctuated on either side of Friday's close in relatively light trade, reflecting trade
      Reuter  -  183 words
    • 108 12 Reuter A SPOKESMAN for Indonesia's state tin company, PT Tambang Timah, has given a cautious welcome to a report that the Kuala Lumpur Tin Market has offered it membership. However, he said: "For us, the most important thing is to sell our tin optimally. If
      Reuter  -  108 words
    • 278 12 Reuter AUSTRALIA Is pluming to lift its costly ban on uranium exports to France to help overcome its current economic problems, major newspapers In the country have reported. Government spokesmen yesterday refused to confirm or deny the lifting of the ban, which
      Reuter  -  278 words
    • 329 12 GOODYEAR has urged renegotiation of the International Natural Rubber Organisation (Inro) treaty to avoid havoc in the market, economic repercussion in the rubber producing nations and possible Jeopardy to the long-term supply outlook. Failing that, Goodyear said member nations of the Inro treaty should
      329 words
    • 97 12 Reuter TIN PRICE m the Kaala Lampnr Ha Market yesterday feu five eento to etose at M&4.15 per Uto la inactive trading, dealers said. There was a lack ef baying smart as everseas traders were reserved, having recently met their wydfensh. Dealers expect the tower market to attract
      Reuter  -  97 words
    • 294 12 Reuter IHQIPORE THE MARKET yesterday closed slightly higher with September One RSS buyers quoted at 174.00 cents per kilo, up OJS cent from Monday. The morning session gained one cent on light shortcovering and speculative buying in quiet trading. Prices were little changed in early afternoon trading but eased
      Reuter  -  294 words
    • 142 12 ChivwM Prodi lie# Robusta 20/25% Exchange FOB NSW 445 00 Sdm' mm dosing p Amg 5 (S$/100 kg). Coconut oil rices m Nutmeg 110 FOB NSW 1355 00 ojk fob 43.00 BWP FOB NSW 1256.00 Otd drum FOB 56.00 New drum FOB 60 00 Gombier Copro FOB NSW
      142 words
    • 64 12 Bangkok Broken Rice (USS/tMM. KM) A-l Super A-l Speool 125 122 Whit* Rice C-l Spectoi C-l Od i«q unq 00% 1st ckns 260 100% 2nd dou 225 Loonzoin Rice 100% 3rd dou 5% 10% 220 100% 1st grade ■jin 100% 2nd grade 100% 3rd grod« 205 unq 15% 200
      64 words
    • 177 12 Reuter SOYBEAN FUTURES on Monday closed five to 11-1/2 US cents a bushel lower on the Chicago Board of Trade. November ended near the middle of a six cent range, which was established early in the session. The initial price drop reflected trade disappointment that the Reagan Administration's offer
      Reuter  -  177 words
    • 118 12 AP DAN LUNDBERG, an oil industry analyst who accurately forecast the 1979 petrol shortage In the US and whose survey of nationwide petrol prices was widely quoted, has died. He was 73. Mr Lundberg died on Sunday in a Torrance hospital, where he was taken
      AP  -  118 words
  • Page 12 Advertisements
    • 66 12 ATTENTION GEOLOGISTS GEOPHYSICISTS A 3-day public course on Mimic Stratigraphy wW be presented in Jakarta on Aug 13-15,1986. The speakers will be Professors Robert Sheriff, Norman NeideJl, LF. Brown, Jr. and Or. Fred Hllterman from the USA. For further info, and to register, contact: PT ABHIRAMA S. Widjojo Centre, 9th
      66 words
    • 359 12 NOTICE NOTICE IS HEREBY GIVEN that, I Seah Quee Chai of Blk 5000K, #0245 Lagoon View Marine Parade Road, Singapore 1542 have applied for a First Class Beer House licence in respect of premises at M/s Peranakan Inn A Lounge at 210, East Coast Road Singapore 1542 and that this
      359 words

  • SHARE INFORMATION
    • 4099 13 MUCH-SOUGHT-AFTER Singapore blue chips provided the lead for a sustained rally on the local stock market yesterday, with volume rising sharply to 20.7 million units as against the previous day's 17.4 million shares. Unlike the previous day, the action was centred on Singapore
      4,099 words
    • 240 13 SINGAPORE Rises baton 90« 254 +19 IT Coaoowt* Onb M 220 >18 rruZofoT C~+mVk 360 16 ITOiSs f.* w £55 > 15 IT CAOt M lumiit 640 >15 IT 06V Nat baa 406 +14 ST uL.nata S~aLmi 380 +14 S T|W ClTl 223 >13 STHotah CaM Stor*
      240 words
    • 3217 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 328 1.345) (II) 1.34 (2) 1.37 (6) 1.35 (4) 1.36 (9) 1 35 (5) 1 34 Akom (0.58M8 0.615) (2) 0.58* Amo! StMl 50« (096M8 0 97*S) (I) 096 (130) 098 (15) 0.99 (20) 0.98* (30) 0.97* (13) 0.98*
      3,217 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 851 14  -  i THE MONTH THAT WAS By RAMESH CHANDIRAMANI AFTER TWO solid months of growth during May and June, the Singapore stock market decided to take a short break in July. Investors, fund managers and punters took to the aidelines to allow the market to
      851 words
    • 2280 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with tbe number of shares traded shown in brackets in lots of ljOOO units unless otherwise specified. MDUSTRMLS Acme xd Aiiwonto <31 OS) AksHUcd AMD (294S) (2)
      2,280 words
    • 438 14 SHARE PRICES closed mixed on the Kuala Lumpur stock market yesterday on lack of follow-through support and light profittaking activity. Interest was once again centred on special situation stocks which generally lost ground. But Singapore stocks managed to go against the general
      438 words
    • 286 14 Monog«rs' price* MARA-Bumiputra tor Aug 6 First B'putro 4 47 4 52 Singapore Unit Trust Second B'putro Third B'putro 4 20 4 25 3 22 3 27 The Commerce 0 83 0 89 Fourth B'putro 3 63 3 68 The So»ings Fund 0 74 0 80 Fitth B'putro
      286 words
    • 105 14 HONGKONG Hongkong Index Tuesday 1175.47 Monday 1187.35 Week ogo 1161.18 Hong Song Index Tuesday 1889.04 Monday 1906.28* Week ogo 1860.01 AN Industrials Tuesday 1782.1 Monday 1776.9 Week ogo 1757.2 NEW YOKK Dow km Monday Friday Week ogo 1769.97 1763 64 1773 90 TOKYO Nikkoi Average Tuesday *****.78 Monday
      105 words
    • 159 14 Company RIGHTS ISSUE Duta Cons One-tor-one fe $1.10 per share George Town Two-tor-one $1.00 per share Kesang HkJgs Three-for-two fe $1.10 per share M A A Frve-for-one fe $1.20 per share Mycom Bhd Three-for-two at $2.00 per share Peak Hua Three-for-one fc 1.00 per shore Sateras Res One-tor-two
      159 words
    • 265 15  -  By HOMER CHEN KHONG GUAN Flour Milling Ltd reported much improved results for the year ended April 30, 1966, in spite of difficult operating conditions. The outcome was greatly helped by investment and other income without which a loss before tax of
      265 words
    • 384 15 JF EASTERN TRUST, a trust fund managed by Jardine Fleming Investment Management Ltd, believes that the worst is over for the Singapore stock market. The fund is now considering positions in relatively cheap companies which would benefit from the government's economic measures. Mr Alan Smith,
      384 words
    • 135 15 SINGAPORE AIRLINES is calling an extraordinary general meeting on Aug 23 immediately after the annual general meeting to approve the company's various staff loan schemes. Under Section 162 of the Companies Act, these schemes for housing loans, vehicle loans, house renovation
      135 words
    • 117 15 YEO H1AP SENG Ltd has restructured its Canadian operations. YHS Trading (Canada) Ltd has changed its name to YHS Investments (Canada) Ltd to reflect its status as an asset holding company. A new wholly-owned subsidiary, YHS Trading (Canada) Ltd, has been incorporated with an authorised capital of C$5
      117 words
    • 873 15 LONDON share prices yesterday surged at the opening following news that Opec has reached temporary agreement to reduce its oil production to the 1984 ceiling of around 16 million barrels per day. Dealers said the immediate boost to sterling and oil shares helped lift the FTSE 100 Index
      873 words
    • 631 15  -  By RAMESH CHANDIRAMANI A DETERMINED switch in their investment strategies towards the other booming world stock markets early last year continues to pay off for two bank-affiliated investment trusts. During the first six months of this year, the DBS Bank-backed General
      631 words
    • 122 15 JACKS International's British subsidiary, William Jacks PLC, has acquired Ashbys' Car Rental Ltd for £100,264 cash, based cm the latter's net worth as at May 31, 1986. Based in Surrey, Ashbys' runs a fleet of 35 self-drive cars. Jades said the acquisition had enabled
      122 words
    • 675 15  -  By NAJEEB JARHOM FOLLOWING last year's doubledigit fall in the profits of the Big Four local banks, analysts say prospects for a turnaround are not good. They expect the banks' half-year results due to be released any time now to be lower than the
      675 words
  • Page 14 Advertisements
    • 320 14 I JWO4A7/7F LJAJfTWD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Stamford Ballroom, 4th level, The Westin Plaza, 2 Stamford Road, Singapore 0617, on Saturday, 23 August 1986, immediately after
      320 words
    • 73 14 U5540,000,000 Negotiable Capped Floating Rate U.S. Dollar Certificate* of Deposit due Ist November, 1990 The Sanwa Bank Limited In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 6th August, 1986 to 6th November, 1986, the Certificate will carry an
      73 words

  • Page 15 Advertisements
    • 335 15 NOTICES Tnr PROPOSAL TO CHANGE A ■I I -1v f I 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. 172)
      335 words
    • 300 15 THE COMPANIES ACT, CAP. 1M AND CHABTWELL PRIVATE (la Creditors' Veiutary IJqaMattoa) NOTICE OP SPECIAL RESOLUTION (Prnuit to Seettoa 2M(2)(k) At an Extraordinary General Meeting of the company held at 9 Penang Road #12-00, Supreme House, Singapore 0023 on the 28 day of July 1986, the following Special Resolution was
      300 words
    • 411 15 GENERAL SECURITIES INVESTMENTS UNITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: I UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1986 30.6.86 30.6.85 Or Company Group Company Group Company Group s$ s$ s$ s$ 1
      411 words

  • 493 16 TWO COMPANIES Chan Ho Engineering Ltd and Rhino Industries and their five directors were yesterday fined a total of $104,000 and ordered to pay penalties totalling 1188,789 for tax evasion. Another 100 summonses against Rhino Industries and 94 against Chan
    493 words
  • 337 16 UPI ASIAN trade officials yesterday hinted at possible retaliatory measures if the US Congress pushes through an "absolutely disastrous" protectionist trade Bill aimed at Far Eastern manufacturers. The House of Representatives is scheduled to vote today on whether to override President Reagan's
    UPI  -  337 words
  • 88 16 Reuter KING BHUMIBbL Adulyadej named Mr Prem Tinsulanonda to his third term as Thailand's appointed prime minister yesterday in spite of continued protests that the move was undemocratic. Mr Prem accepted it as a great honour and pledged to form a new government as
    Reuter  -  88 words
  • 111 16 Reuter JAPAN'S major banks yesterday threatened to sabotage international plans to bail out Mexico unless the Japanese government gave them greater tax breaks on developing country loans. "Unless they increase this tax break, we won't join in any new loan for Mexico,"
    Reuter  -  111 words
  • 395 16 ASSURANCES by China that the Khmer Rouge will reduce its strength in the Cambodian resistance forces when Vietnam withdraws its army from Kampuchea demonstrated a new flexibility, Prince Norodom Sihanouk said yesterday. The Prince, who heads the coalition group fighting the Viet-namese-backed regime in Kampuchea, was speaking
    395 words
  • 297 16  -  By MARGARET THOMAS, Special Correspondent MOST SINGAPOREANS will be able to withdraw every cent of their CPF savings on retirement at 55 under the new scheme now being worked out by the Labour Ministry. The conditions for complete withdrawal will be:
    297 words
  • 439 16 A MEMBER of Parliament who disagrees with the party leadership most of the time on basic issues should resign, First Deputy Prime Minister and Defence Minister Goh Chok Tong told university students on Monday night. "The concept of a political party is
    439 words
  • 457 16 TAX REBATES for child-rear-ing costs could be one way to encourage educated Singaporeans to have larger families, in the view of First Deputy Prime Minister and Defence Minister Goh Chok Tong. But the problem of a shrinking population could not be
    457 words
  • 337 16 Kan Seng tells of the loss when female graduates stay single THE DEBATE on marriage was joined last night by Mr Wong Kan Seng, the acting Minister for Community Development, who observed that the female undergraduate population at the two universities had risen to 47 per cent, compared to only
    337 words
  • 128 16 Reuter COMEX GOLD futures trimmed initial losses yesterday on scattered buying by local traders after the firm US dollar provoking selling pressure in the first hour. Gold for delivery in December ticked up to a high of U*****.80 an ounce, still holding a net loss of
    Reuter  -  128 words
  • 61 16 Reuter WALL STREET stocks advanced yesterday from Monday night's snap rinsing rally, as the Opec agreement again fuelled the market's upturn. The expected strengthening of crude prices was translated to stronger bank and oil stocks, though transports, utilities and car makers fell. The Dow Jones Industrial Average
    Reuter  -  61 words
  • LATE FILE
    • 53 16 Reuter US consumer confidence fell slightly in July, reflecting growing uneasiness about the current state of the economy. The Conference Board's consumer confidence index (1985-100) fell 0.2 points to 95.4 in July, suggesting that "the US economy is likely to remain sluggish through the rest of
      Reuter  -  53 words
    • 55 16 AFP THE SRI LANKAN government will alter its budget structure to accommodate plans to end Tamil separatism peacefully by devolving power to the provinces. Ike changes will allow the allocation of funds to elected provincial councils the government proposes to establish to gfoe Tamils more say
      AFP  -  55 words
    • 46 16 UPI PEACE talks between the Communist Party and the government of President Aquino began in Manila yesteroay. Agriculture Minliiff Ramon Ifitra, one of three government negotiators, aid subjects rtisrnsefrt had included "the —tl'n of a cease Are and other substantive questions". UP!
      UPI  -  46 words
    • 61 16 AP MALAYSIAN Defence Minister Abdullah Ahmad Badawi yesterday emphasised the need for members of Asean to cooperate on defence matters to ensure peace in the region. He said that though Asean was not a military pact and each member was responsible for its own defense, cooperation
      AP  -  61 words
    • 69 16 Reuter MOST of China's young people are dissatisfied with life. In a survey of about 260 youth by Society magazine, half said they were not very satisfied with their lives, 16 per cent were completely dissatisfied, 28 per rent fairly satisfied and only L 4 per cent
      Reuter  -  69 words
  • Page 16 Advertisements
    • 5 16 US-Kor«an toxtito accord, pagt 4
      5 words
    • 191 16 `;'?[$!};?[\-|'\{_!='*:~(^)=<?^ The Seminar Package with your interest at heart 5^ There are a thousand and one details to organising a successful seminar. Leave the thousand details to us. The one thing you're to do is to call us on *****66 Ext 1662/1698. For a minimum attendance of 20 persons, our
      191 words
  • Page 16 Miscellaneous
    • 57 16 hh JwWtn witli gusty winds ovtf mony oroos in tho pro-down hours ond ooriy imkhmq. Report for 24 hours prior to 7.30pm on Aug 5 of tho airport: Maximum tomporoturo 33.0 Associotod humidity 47 Mmimum tomporoturo 26 Associated humidity 90 Hours of sunshino 7.85 Roinfoll in mMlimotros Nil Roinfotl this
      57 words

  • SHIPPING TIMES
    • 482 17  -  By LINDA CHEE SINGAPORE IS now offering one of the lowest prices of bunker fuel in the work). Ships taking bunkers in the Republic are enjoying enormous savings from the price crash of bunker fuels since the beginning of
      482 words
    • 209 17 Reuter THE TUNG GROUP'S private arm, Mud Navigation Corp, is seeking to extend a temporary operating deal by one month to allow more time (or the conclusion of a long-term restructuring plan, a spokesman for the group's financial adviser, Shearson Lehman Brothers Inc.
      Reuter  -  209 words
    • 279 17  -  By Kingsley Wood A VISITING CHINESE trade delegation has short-circuited Australian union demands that repairs be made to a Chinese ship, the Great CSty. It was the first time a ship has sailed without union nominated repairs being completed since the
      279 words
    • PORTSIDES
      • 90 17 Reuter SHIPPING CONFERENCES covering the trade between Europe and the Far East said the currency adjustment factors (CAF) for West Germany/Benelux and the Philippines have been amended following a review. The new CAF for the Philippines will be minus 4.5 per cent, changed from minus 9 per
        Reuter  -  90 words
    • 1350 18 ACTIVE chartering to cover iron ore cargoes and increased interest in the coal sector featured the freight market on Mooday, shipbrokers said. Iron ore was arranged from Tubarao to Kaohahing at U554.45 and from Sepetiha to Kaohshrag at 14.40 while $190 was paid from Tubarao to Baltimore. Ore
      1,350 words
    • 675 18 Fairplay INDIA HAS NOW embarked on its seventh five-year development plan. Although the final details of how the available funds will be distributed between the nation's industries have yet to be worked out, Indian shipowners have already started ordering their newbuilding requirements. The
      Fairplay  -  675 words
    • 112 18 SHIPBROKER International, the monthly maritime magazine, is to cease publication after the August issue. It says it is a victim of the shipping crisis and competition for advertising revenue at a time when it is more difficult to obtain. The announcement of closure came from
      112 words
    • 903 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkid Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL 2/3 ASCL 1 Baft-Caoada Line VI 4/5
      903 words
    • 174 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" Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta
      174 words
    • 356 19  -  f Kingsley Wood THE DIRECT cost of moving non-bulk cargo through the Australian shore-based shipping chain is AH ,200 million a year or about 5 per cent of the cargo value, to which must be added the Ugh cost of delays,
      356 words
    • 249 19 Lloyd's List THE LIBERIAN Shipowners Council is expected to push for more economies in ship registration costs from Monrovia this year, a year which it expects to be critical for maritime associations. Liberia last year agreed to two significant
      Lloyd's List  -  249 words
    • 755 19 AFP APART from signs of a slightly steadier trend in the rate prevailing on the key US Gulf-Japan grain route, there was little basis for optimism on the freight market this week. The Baltic Freight Index (Biffex) continued its relentless slide to a record low level of 553.5
      AFP  -  755 words
    • 165 19 Seatrade Week AS CONTRACT negotiations between the International Longshoremen's Association (HA) and the New York Shipping Association (NYSA) drag' on unsettled, shippers are beginning to divert some of their cargo from the east coast to west coast ports. But, this cargo
      Seatrade Week  -  165 words
    • 107 19 LYKES BROS Steamship has ben granted permission by the US Maritime Administration to make regular monthly calls at 11 West African ports within its existing US Gulf-Africa service. Lykes will make a maximum of 12 sailings to parts from the Moroccan southern border
      107 words
    • 6883 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.
      6,883 words
    • 956 25 AT CONVENTIONAL WHARVES MARINA WHARVES B Prasetyo M4A 06 8/1830 07 8/1200 VmmI Barth Arrival Departure Horapon Baru Longsa MIA M4B 06.8/0900 068/0700 07 8/2300 07 8/2300 KEPPEL WHARVES Niogo 42 M3A 06 8/1200 07 8/1200 Ark t os K12 alongside 06.8/1700 SEMBAWANQ Chns Isabel Equator 5
      956 words
  • Page 17 Advertisements
    • 597 17 Concise Comprehensive -Contemporary ■Hgo^ imjOMwMty HjFEDBIAL I .J MONK 9MVM A9BEES (9m *****4/ OH) 200 lilt tad #12-05 snß>iil 0201 Trt 221M11 ma W IS ***** CJS Of net 221® 11 l«Ml «Hn *****11 O >TPSiTS fliPOPf f «PRf SS SERVICE fanam mi fart I 25/8 20/1 27/9 30/1 31/«
      597 words
    • 54 17 mm INDIA HAS NOW embarked on its seventh five-year development plan. Pag* II THE DIRECT cost of moving non-bulk cargo through the Australian shore-based shipping chain is A$ 1,200 million a year. Page 111 Index to odvertisers II Shipping schedules VIII London freights II Container schedules IX Weekly freights IN
      54 words
    • 525 17 fT MAERSK LINE 'i SINGAPORE/ANTWERP SINGAPORE/ROTTERDAM \v 17 DAYB 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYB Voy IS" pot* *3 I—IM Owi Iw a n/ii* m .i :ibii 20 DAYB USA. EUROPE. MOQU EAST. WEST MWCA 4 MM 3M 31/1 2/1 8/1 11/ l VI VI U/1 IVS 11/1
      525 words

  • Page 18 Advertisements
    • 186 18 .S. LINE VAMA^ A ;!!?2£SKS L,NE 3******^^ > i 4 J rr-IB7TB IT uii'ißi'wn TTTM O rrerverrei IT I7IB|'.H 1 rrnmrrnm* rm E ccrs r~ai iri ■i nr MIDDL IFT»»■ f 'i■ IT~7 T3CTEE t'J'BPTll'l'B rVFTTMIf ,1 Tmnmiß'/M ITrnr~B rVTB FTTi FfTTTi EAST Full Container Service (A member of Oasis
      186 words
    • 726 18 NOTICES FAR EAST/GULF OF SABAM, BRUNEI RED SEA PORTS Ml 33 3 2 m 3 IB- 23,3 L'j iCH i'l-T: 11 J J i ASSAB NOTKC ISSIO BY ASSAB NRT AVTVBKfTY CMCQMR 9MOTS OF TYRES •The Assab Port Authority has recently issued a notice as follows:Quote ASSAB PORT NOTICE NO.
      726 words

  • Page 19 Advertisements
    • 635 19 The Straits Steamship Group Mansfield Container Shipping PteLtd occ Ovtritai Containers Limited 1 '-r i STRAITS SHIPPING Singapore to Ssboh, Smwik, Brunei Ports md Bangkok I CONTAINERSHIP SERVICE TO UK CONTINENT U/l 12/1 19/9 21/9 27/1 a/i N/9 99/9 11/9 13/9 21/9 21/9 21/9 21/9 I 94/19 99/ M 11/19
      635 words
    • 552 19 Franco Belgian Services f&j r. .v. >. ,lh I: t .r I i ■*csM Bnckdi cjr|t t»/tn K trmatimt <■ V i'laLL: 1 Vt,l'' 11: ***** CHARGEURSHAVRAISE yfLKV nt» v/ CI iMFMBER OF ACE CONSORTIUM, Na KWf IHiia k'wmp IjMmr fJMM| S>n SM 12 M 13 M IS M 17
      552 words

  • Page 20 Advertisements
    • 263 20 m JMMM u Hapag-Lloyd S>w WHhw|N«ll 11/9 11/9 IV9 19/10 13/M--FROM N CONTINENT &UK IMPORTS 9-hwwMM LtenSla Iff i^n (/I l/l K. 11/1 I« 14/1 IC/I 22/1 2«/ l 29/1 31/1 V 9 7/9 13/9 15/9 21/9 23/9 |ML 21/9 31/9 C/ 19 1/19 IK. 13/19 15/19 22/11 24/19 KMkMlar
      263 words
    • 565 20 FULLY CONTAINERISED SERVICE 10 fUROPf Vl# M, hr 1 >h 1 TtUCNORID ma UN c* runs m am contuch xw onnit a«f 5M LtHawt ttm 25/8 24/8 1/9 2/9 8/9 9/9 15/9 11/9 Film H'burj Antwerp 27 8 30/8 2/9 3/9 4/9 9/9 10/9 13/9 14/9 17/9 29/9 23/9 FROM
      565 words
    • 307 20 OL Hai Sun Hup Co (Pie) I td HA PPOJ'tOC l? 0 l irrsl Tl RS K RS 2067? Jb.\ s l Ik\ \R I l\! R I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-R0 HEAVY LIFTS I I i i iB i i *4 i| K Lojovig >i
      307 words
    • 945 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) no eun rat BMW cm a»T no LRBMC DO GOODS no aunt no ira. M.SO KCtriM l i) mmmm. mp wu us iup* I/I 12/1 11A IVI 11/1 a/i a/i 2vi 21/1 2sa a/i j»a wt i/» v% vi sa 11/ l
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  • Page 21 Advertisements
    • 780 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE MUUAPAIBT QOWA KOTA IWOA SIN JKT MY SIN 1M 12/8 U/t 17/t nn tut tut mn w w w •TCM TAICMUNQ *MUR HKQ KAO *TCM KM MIS *MUR 'HTC YOK KOB tut
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    • 719 21 BENLINE CONTAINERS rrrr SERVICE FtOM UK/CONTMNT EXPRESS COffTMO SERVICE TO UK/CONTMNT HMI rM«OI|-D«l HAWK STON If ALANS STORE FM vi i/i me. inn M/i u/i we. ran Or •< IK SM SM faM SjM bM 22/1 2«/ l IK HM F.Mktot Uprtn UM SM 7/1 1/1 11/ l M/I 31/1
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    • 469 21 l\, DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. «MI LLItl r.T. samba wmmeha p.t. tmkora llcyb EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE It5E *mo Kin ivmrom kmk s miua* m-« 12/1 is/1 u/j 21/0 S'prt Mh A'OM/t'Ov HWt/taw GAMM UMM VIMS 21-2 VI 1/10 l/ll t/10
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    • 310 21 BOUSTEAD SHIPPING AGENCIES INK 6TB VMM P9MM (UK BURMA FIVE STAR (Burmese fa bona! Line) Loadbg tar Ranfoon V* Spn fJMm ham W 9/7 ta| 11/12 tai 7/1 Am 17/21 km 14/11 A* i BANK LINE TJtfSALA SIMM V 7 TOMMMUON V.l MOMYBMK VIII CITHBMK VIM TMMTM SAMOA W 9/9
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  • Page 22 Advertisements
    • 1200 22 K LINE KAWASAKI KISEN KAISHA. LTD.— USA CANADA tTUUITIC COAST (Bound Th. world Sorrteo) N. Mtt V 3 a IMB TO m 0 KNGNT m H 1 BRDGE V3K/VEMWZANO BRDGE VS2 STORE 10 Am 11 Am 29 hut 2 Sep LB 5 Sep 11 Sep 22 Sep 27 Sep CHLS
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    • 554 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Rctax |M tkmt Spott IMb f(M S»*» Mm Accxft RAMOASV24 BAx RAA4DAS' V 24 10 Au« 25 Auf 3 S«H 1 S«H AM/Bra CHANOOAS V2l 2 Scvl 17 Sept ?6 Scpr 24 Sept U* Br* CAiABAR V 27 6 Sept MBIROAS V3O
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    • 567 22 GOLDEN LINE GUAM GUM SHPPIK (PTC) LTD awif* SHK smutm mm m mnu (it urn STR/UTS/PERSIAH GULF SERVICE: GOLDEN MO CrtMbo/feracfc/ltea Q*xxn Dub* Bjivim SOIKN KM OXomtx MfKt* Ma/Mna/IOTH Sport PMaa|PMM| 12/11 te tmorn OCEAN SNPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA Mtmim/AM—» QUAN GUAN SHIPPING SDN. BHD. P.
      567 words
    • 437 22 f INTRASEA (PTE) IT UP 10 Anson Road s?/ 1(i ln?e-r,V Si* l j.iporp 0?07 T•?( 2246"»t l i °es o BREAKBULK SERVICE TO EUBOPE/UK KM CAREQ 8M914 NORLD MB MS9II S-pare P. u 12/1 MffKn~M ROT/ANT/Ml (MOQ m/m/m (mod/XV t 2MCUI 71*711 OSISI/2 PHILITRON SHIPPING AGENCIES PTE LTD TEL
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  • Page 23 Advertisements
    • 661 23 NEPTUNE ORIENT UNESCO S p«< NEPTIIC MEMOES PTE LID. R HI/MBT IH/W totm on wwiim 27*177 27*753 27*74? 27*977 2212*22 *****43 MKT IMS 27*1 U 27*111 11 pi 11 omm of 27*7144 NEPUC SON. WD. M*M7/ XM545/ M*J53/ JM742* KMC SON. WD. *****1/24J41M/*****J5 KMC SON MB. 615S*/62*35/1271*/127*1/tt7*2 TO EUROPE/UK (VIA
      661 words
    • 272 23 OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON wpiim AiiiNrns rit i id [-1 H'4 14 (Bookings .'.'.''Ml) iOp<"f tUms i ?.'OVX4 ilffawul •Ml IMI ??0.'504 iCIS' ui «rsi» lu'Nr DIMS SIH» SPN HHf> M Irt .'/4059/ PK Irl JhBO4?U ft>Bo fbb PIN
      272 words
    • 531 23 I SINSOV SINGAPORE SOVCT SWUNG CO PRIVATE LTD SMSOV BULDM6 55. Market Street Snfapore 0104 Tel: *****33 (15 Urn) Ti Cable Address SMSOV SMGAPORE Telex Numbers RS ***** RS ***** RS 2510S P. KELANG M/S SHMOKAT HAH SOON SM M>. IST AND 2ND FLOOR. NO 1. JALAN CEMPENMG. PORT KIANG.
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  • Page 24 Advertisements
    • 393 24 REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) KSSEL VOT ISMGVOtt Thu/Fri 7-1/1 Sat/Sm 9-10/1 10-10/1 12-13/1 14-15/t 1C*****123 I LiLl L?A Ti 1 VA BFirTimi-'ii-ii s>rii IL IWLTI 1111 H .J1 \.M PTIU t t-y-i fggg E3CIEISZ3 i "Funngnn l,?ll 23-24/1 24-24/1 2S-27/I Tln/fri 12S-29/S UM kv rm wm
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  • Page 24 Miscellaneous
    • 168 24 i Regional Weather r ft 2 w sa ft JS I ('4 jtfw 'no^pew 10S (3 WOE SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. •c O" Wind direction with speed m knots Wave height LEGEND: R Thunderstorm Temperature q J Weather Wind direction with speed m knots
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  • Page 25 Advertisements
    • 150 25 TAMAN MARK CO. PTE LTD. BATAM DUMAI PEKAN BAKU REGULAR SERVICE VESSEL ENG TOO 95 NAStONAL JAYA N AS lON A L ETA ETD LOADING FOR 11/8 13/8 BAT AM 8/8 11/8 OOMAI/P. BARU 15/8 18/8 DUMAI/P. BARU <*mt KOH ft SONS SHIPPING PTE LTD IN Mm MM #8344 Ma
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    • 273 25 >C N C LINES WEEKLY FCL LCL CONTAINER SERVICE CHUNG If VCOSKUO HSUN6 VMS TM) TUMI V(01 KUO LIM6 V BENORIENT LINES LTD Tffi MCE TO MD FROM CHITTAGONG Sfafapan Pmi IFBMI M/W Ufc, 1 ilut Gcncrjl Ajwitv CONFER (BEA) SHIPPING PTE. LTD. KMkNteRMiMHirpMMI TUtfc WW (3 NM*) LIZENA PTE
      273 words
    • 469 25 EEEEEI v,: ni TAIWAN TO SMHFOK ft ISON DKCT WEEKLY TO PORT KBJMG/FENMK •AT ATTRACTIVE lAIB* yv rm BULK ABLE TOUFT OCDM MR HMME COST PTC LID *****11 (5 LMES)/339G649 (bract) 190 MDOLE ROM) #IMS FORTUNE COfTRf SMGAPORE 0711 MEIMH SHTPMC t TMtMS 00 SON WD TfL 71M71S V' 4a*
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  • Page 26 Advertisements
    • 441 26 f FMS-UNBK SHFfWe (S) fH LTD TEL: *****52, *****92, *****92 TLX: R*****1 FLIMER ACCEPTING FCL, LCL 9 CONVENTIONAL MDOLE EAST SERVICE t/t, 14/1 DUBAI, BAMUUN. MUSCAT. DOHA. DAMMAH. KUWAIT ABU DHABI HONGKONG/CHMA SERVICE i/t 14/1, 24/9 XVKANfi, BEUNG, TIANJM, SWKOU. SHANGHAI. GUANGZHOU, WHAMPOA 11/9. 19/1 BANGKOK 18/ I MADRAS AUSTRALIA
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    • 379 26 HEAP SENG TRADING SHIPPING PTE LTD •001 BEACH ROAD #19-01 GOLDEN MILE TOWER TEL NO. *****22 (2 UNEt) TLX NO. R8 ***** HEAPCO ■an l L van kuk SjM 7 h* it ii im 12 Ami 13 Im 1C «M| 17 AMI 11/ It Ami 21 A*| 23 Ami 2*
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    • 526 26 C.Y. LINE (A Mtfflbtr Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD HUY COOTUCMSD SOMCI 10 EUNW <W SO TMNMOU MS M OPMBM CMNA CONT MO xw ohmtm. am m IJ/« 21/1 V/i Utfcnw Mm hhn KWi Ins Mm* 26/1 77/1 M/t 31/S 1/9 1/9 2/1 S/9 9/9 7/9
      526 words
    • 601 26 5 "PERUVIAN STATE LINE" 9 Loadm| to> Cjtao Matarim to and otttr Ptrimaa ports Mtk tra Ok CTV ThrMfh Ms o* la*a| lo tain fesimt** UMATrOETT noMsrorn 12/13 ft* 2«/25 *H 3/4 S* JAPAN/BAY OF BENGAL/JAPAN SEIMCE LOAOMG FOR HONGKONG*. YOKOHAMA. KOBE. NAGOYA. MOr AND OTHER JAPAN PORTS* TMMASWTT 12/13
      601 words
    • 168 26 Z I M r*'i iP iii ■—i nn^ TT~M HIT ■■'MT'irn dannji riT II (T I njji a V S3 m.IMIMIMn' ..IH 3^3 (l r—77/t/M I 11/9/K I IS/f/U I 71/VK li 1 mm mum .w w-.'»'i v kti; *J i f 11 .ortir GOLD STAR LINE FLEX AFMCA 10/1
      168 words