The Business Times, 13 August 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, AUGUST 13, ISB6 75 CENTS
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  • 393 1 HIT BY AN UNEXPECTED flat demand in recent months, major semiconductor companies in Singapore are revising downwards their earlier manpower This means that the initial figure of 6,000 workers required by the electronics industry in the second half will be reduced. The estimate, mainly from
    393 words
  • 603 1  -  Company trying to make restitution to CPF board By HOMER CHEN MOVES which could lead to the winding up of troubled Wannian Holdings, owner of the Furama Hotel in Chinatown, have been started by the CPF Board. In what is believed to be its first
    603 words
  • 454 1 THE TRIAL of Malaysian businessman and politician Tan Koon Swan was yesterday postponed again for two days by a subordinate court judge. This is to allow the defence time to complete some undisclosed financial arrangements. Mr Tan faces
    454 words
  • 234 1 BUYERS continued to chase quality Singapore-based counters on the local stock market yesterday, sending the Straits Times Industrial Index to a new nine-month high. Share prices were, however, off-best at the close, as buying slowed in the late afternoon. Malaysian shares moved within
    234 words
  • 218 1 NST MALAYSIA'S newly-appointed information minister has pledged to give priority to the promotion of racial unity. "I feel it is the duty of the information minister to bring Malaysians together under one r00f... to instill an awareness in the people to think as Malaysians, to
    NST  -  218 words
  • 107 1 AFP THAI FOREIGN MINISTER Sithi Sawetasila has said that his country's foreign policies would remain the same under the new government elected last month. Radio Thailand yesterday quoted Mr Sithi as saying that Prime Minister Prem Tinsulanonda's new administration would assure allies that the
    AFP  -  107 words
  • 521 1 THE NAME of Mr Tan Koon Swan is among 63 which have been removed from the list of 136 directors of Malaysian de-posit-taking cooperatives who had their assets frozen last Friday. Bank Negara said the freeze had been lifted following
    521 words
  • 84 1 SHARE PRICES in Tokyo moved up sharply yesterday with dealers attributing the rise to the strong advance in New York. Also fuelling share prices are reports that the US and West Germany have agreed to act in concert in lowering in- terest rates. But
    84 words
  • Page 1 Advertisements
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    • 277 1 Investing in Australia AUSTRALIA recently announced sweeping changes to policy and tax regulations in an attempt to boost foreign investment in a sagging economy. The initial response appears positive but Australia has to iron out several problems including its overseas debts before any foreign investors will put their money "Down
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    • 3 1 Leader, Page 8
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    • 57 1 FuH report, Pag* 13 Intl stocks, Pago 10 Asian stocks, Paga 11 FXI2O TACNo 378-64-F6l and get an IBM* absolutely free! Only while stocks last. Call 472 2155 now. ,e Vronic nvy »*ar Sole Agent Wywy Private Limited 17 Lang Km Road, Singapore 0315. Tat *****55(18 Rnaa) "Max: WYLD R*****4.
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    • 3 1 BALLY cf SmtzcriiinJ
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  • HOME NEWS
    • 358 2  -  NATIONAL DAY OBSERVANCE CEREMONIES Cooperation on wage restraint emphasised By BOEY KIT YIN WAGE NEGOTIATIONS this year are progressing slower than in the past but there is no reason for concern, said the Second Deputy Prime Minister, Mr Ong Teng Cheong, yesterday.
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    • 279 2 STAFF at the NTUC Comfort have agreed to reduce their yearly bonus by half a month's pay while those at Metal Box Singapore have accepted "moderate" wage increases. These examples of workers supporting the wage restraint policy were brought up by two Members
      279 words
    • 369 2 SMALL IN SIZE but big in numbers, the 7-Eleven chain of round-the-clock convenience stores now claims to be Singapore's biggest independent retailer. It took the lead from NTUC Fair Price last week when it opened its 32nd store at Eminent Plaza,
      369 words
    • 134 2 ONE OR TWO lanes at certain sections of Raffles Quay, Finlayson Green, Telegraph Street and Robinson Road will be temporarily closed for sewer diversion works from tomorrow to Nov 15. To minimise traffic congestion, the work has been ar- ranged such that times for the
      134 words
    • 184 2 CHAN shew LUEN has been appointed CAD-CAM Systems Pte Ltd's regional marketing manager from July 1. The company is the distributor for Computervision products. Mr Chan was formerly regional sales manager of Seagate Tech for the Asia-Pacific region. He holds a BA (Econs) degree and post-graduate diplomas
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    • 193 2 THE AREA of architecture is the most visible manifestation of man's inspiration and achievements, said Mr Zulkifli Mohammed yesterday. The Political Secretary, Ministry of Community Development, said at the official launching of the audio-visual presentation of "Our Historical Sites" at the National
      193 words
    • 307 2 THE GOVERNMENT pumped $3.5 million into the revamped Science Council in financial year 1964/85 to enable it to promote research and development further. According to the annual report 1984/85 of the Science Council of Singapore, for the year ending March 31, 1965, the council
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    • 238 2 AN ATTEMPT to bridge the gap between what un-der-graduates learn and reality will be made at two events to be organised by the Singapore International Association of Students in Economics and Management (AIESEC). The first, an investment talk entitled "Decision making in the Changing
      238 words
    • 262 2 TWO groups of Singapore businessmen will be visiting separately the Philippines and South Korea next month to explore business opportunities. The Singapore Chamber of Commerce and Industry is organising a 30-member mission to the Philippines from September 2 to 6. The group, to be
      262 words
    • 339 2 GOOD PACKAGING is of utmost importance for effective marketing in sophisticated Western markets. With this in mind, the makers of Pigeon cooking oil have spent $250,000 to design and promote a new package which it hopes will help it penetrate the European and American
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    • 257 3 WHILE MUCH is said these days about the need for more child care facilities, the reality is that supply of these services outstrips the demand for them. In the last five years, the enrolment rate at child care centres fluctuated between 70 per cent and
      257 words
    • 328 3 SOME 91 MILLION PIECES of Singapore dollar notes with a total face value of $1.6 billion were destroyed last year, according to the 1965 annual report of the Board of Commissioners of Currency. In terms of quantity, these unfit notes represented an increase
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    • 451 3  -  Investment to be over next three to five years By JEFFREY TSANG JAPANESE CONSUMER electronics giant Matsushita has major expansion plans for all its other manufacturing facilities in Singapore. The company one of the world's largest manufacturers of electronic goods with brand names such as National,
      451 words
    • 532 3  -  By RICHARD SEAH, Special Correspondent CAN YOU SPARE a minute? Yes? Then some people would like you to "donate" it by pledging to spend some time each day thinking about peace. No, this is not something for "weirdos". Not unless you consider as
      532 words
  • Page 2 Advertisements
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    • 86 2 one megabyte ATARI 1040 ST A high performance computer designed for business professional or personal applications •N' «mp PC AT™ MACWTOSM PUIS™ TC t: m SmtapiHT duiUo and >fr<ifV Kill \utMM l*fc IwdrMtlN A Hin Seng (Pte) Ltd Call 222-4596 c^m/t Hotels Worldwide Call *****55 Kuala Lumpur Bangkok Hong Kong
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  • Page 3 Advertisements
    • 150 3 "Why doesn't j someone I make J an affordable PC printer which will give me typeset-quality 1 documents?" i r' M '.MTJUA m,, lV HP does. With Hewlett-Packard's LaserJet Printer, your business PC and readily available software, virtually anyone can prepare crisp, typeset-quality documents, merging text and graphics You can
      150 words

  • ASIA-PACIFIC
    • 799 4 ARRIVALS Operator Sarvica Local timo From SIA UA SIA RBA MAS SIA SQ117 UA805 SQ41 BM27 MH68I SQ47 0005 0010 0615 0605 0620 0625 KUL JFK/SFO/HKG MAA PWN KUL DEL KAL MAS MAS SIA CPA RBA GiA SIA SAS KE624 MH811 MH671 SQ103 CX710 BI421 GA960 SQ105
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    • 411 4 Nakasone would lose face if rate revised, say officials Reuter JAPAN had been struggling over whether to lower what was increasingly seen as an unrealistic official forecast of 4 per cent growth in 1906/87, said government officials and private economists. They said Prime Minister Yasuhiro
      Reuter  -  411 words
    • 228 4 UPI JAPAN'S carmakers has begun voluntary restraint on car exports to the European Community this month to ease mounting criticism of the country's huge trade surplus, said a Japanese newspaper yesterday. The Mainichi Shim bun said the Japan Automobile Manufacturers Association had agreed to
      UPI  -  228 words
    • 425 4 UPI THE US has ended formally its defence ties with New Zealand. At a news conference on Monday following two days of talk* at the annual Anzus meeting, US Secretary of State George Shultz and Australian Foreign Minister BUI Hayden issued a Joint statement
      UPI  -  425 words
    • 223 4 Reuter FRENCH OFFICIALS have shrugged off condemnation by South Pacific nations of France's policies on nuclear testing and its new Caledonian Pacific territory. A government spokesman said France believed the decision by South Pacific forum nations to refer New Caledonia to the UN Decolonisation Committee "reflected
      Reuter  -  223 words
    • 209 4 Reuter SOUTH KOREA is making slow progress in opening its markets to the US and other countries, according to Assistant US Trade Representative Peter Allgeier. "It is important to recognise that the Korean government, unlike most other developing countries, unilaterally has adopted
      Reuter  -  209 words
    • 387 4 UPI COMMUNIST PARTY propaganda chief Zhu Houze said China should not confine itself to Marxist ideology in choosing ways to improve its economy, culture and technology, the official China Daily newspaper has reported. "Wasn't Marxism forged from the raw materials of non-Marxist theories?"
      UPI  -  387 words
  • Page 4 Advertisements
    • 61 4 NADAMAN Jb U Where East meets West. For the very best in Japanese and Continental dining where else but the Shangri-La. Nadaman Teppanyaki lunch from S15 a:c daily. Restaurant Latour New lunch menu at $28*dailv. RESTAURANT Subject to 10% service charge and 3% government tax. For reservations, ring Esther on
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    • 154 4 An Image You Can Bank On. W\v. prestigious building in tinheart of th«* banking tinani i<i 1 distrn I Highlv visible (orner ground floor banking hall with vault High pedestrian tralfi< Inim *t r pm Klegant internal spiral stain asr link to hanking oili( »'s \pprox. 24H7H sq It Problem-I
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  • REST OF THE WORLD
    • 409 5 AP THE US SENATE has been urged to approve the first US treaties with other countries aimed at encouraging American investment abroad. The treaties would not only help developing countries grow, but would also increase exports of US products, Harvey Bale Jr, Assistant
      AP  -  409 words
    • 190 5 Reuter THE US SENATE has found itself so tied up in parliamentary knots that its chaplain thinks perhaps only God can help the senators. "Dear God, the Senate faces a week with an impossible load of work spare the senators
      Reuter  -  190 words
    • 324 5 AP THE FUTURE of tropical ecology, and the societies they help support, is growing bleaker by the year, a French scientist has said at the start of the weeklong 4th International Congress of Ecology in New York. "We are quickly running out of time,"
      AP  -  324 words
    • 263 5 Reuter IN A SIGN of Opec's serious intention to cut back its oil output and raise prices, Saudi Arabia has told several refiners that incentive contracts will be discontinued in September, industry sources have said. The incentive contracts, which amount to volume discounts for buyers
      Reuter  -  263 words
    • 67 5 Reuter ARAB-BASED development funds sharply boosted their aid to the Third World in the first four months of this year. The Arab Fund for Economic and Social Development, acting for 10 Arab national and regional development finance institutions, said U*****.4 million was lent
      Reuter  -  67 words
    • 528 5 NYT CENTRAL BANKERS of the United States and West Germany have agreed to consider a coordinated round of interest rate cuts in September to spur economic growth, a senior German official has said. The accord was taken as a sign that the Germans are
      NYT  -  528 words
  • Page 5 Advertisements
    • 271 5 Good ideas keep coming up Announcing the copier voted' Best Buy'by American end users. And other winning originals, m SF-8200 Choose the copy ratio, and it automatically selects the paper size Choose the paper size, and it selects the copy ratio. So you don't waste time or paper It even
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  • Page 5 Miscellaneous
    • 39 5 Doonesbury JOAN/6 lOON 7 BE IN TOQfff, MRS. DMENPDKT. HER HUSBAND PHONEP IN SICK FOR HER. II r jSmm HOW CURJOUS.S& WORKED SATURDAY, SO ICAUEP HERTHSMORWN6ANP TOLD HERTOTAKE THEDfifOFf. 1 m v OH. I PONT THINK HERHUSOANP KNEW THAT.
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  • BANKING AND FINANCE
    • 502 6 Reuter PROVISIONS in the US Bankruptcy Reform Act and other countries' domestic debt management laws could help tackle the problems of international debt and sluggish economic growth, according to a report by the United Nations Conference on Trade and Development (Unctad). Analysis
      Reuter  -  502 words
    • 274 6 Reuter A FLOOD of financial innovations has swept on to the mark Eurobond sector in recent months and the speed of their introduction has undermined the Bundesbank's control of the market, economists have said. Syndication managers are deeply divided on whether innovative constructions
      Reuter  -  274 words
    • 246 6 KANSALLIS International Bank (Asia-Pacific) Ltd, the merchant banking arm of Finland's Kansallis-Osake-Pankki, recorded satisfactory results for its first financial year, said its chairman Mr Jaakko Lassila. The merchant bank was incorporated in Singapore on Oct 18, 1984. From the incorporation date till end--1985,
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    • 121 6 TWO FINANCIAL institutions have followed in the footsteps of Credit POSB by lowering their housing loan rates. With effect from today, Standard Chartered Bank and Standard Chartered Finance will cut their rates by one-half percentage point for maturities of up to five years, and by a
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    • 59 6 AS AT Aug 8, the prime lending rate for Sanwa Bank, Sumitomo Bank, Tokai Bank and Toyo Trust A Banking Co was IV* per cent and that for the United Overseas Bank was €Vi per cent. These changes were left out of the weekly prime lending rates column
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  • MONEY AND EXCHANGES
    • 447 6 Reuter SINGAPORE: THE US dollar yesterday rose to a late 2.0710/20 marks from an early 2.0575/85 and New York's 2.0540/50 close and to 1.6700/10 Swiss francs from 1.6550/60 and 1.6530/45, respectively. It firmed to a late 154.35/50 yen from an early 153.65/75 and New York's 153.50/60 close. Sterling
      Reuter  -  447 words
    • 318 6 Interbank rates at 3pm yesterday: ClifrCFKMI Nominal rata* Si Offer c nritnaontan roM parity Local dollors to one unit of foreign currency US dollor 2 1615 2 1625 ***** -23 34 Sterling pound 3 2206 ***** 7 3469 -56 16 Australian dollar 1 3109 1.3137 3 4286 -61
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    • 468 6 BA Futures EURODOLLAR futures yesterday opened slightly higher from Monday's close and traded quietly in a narrow range initially but erupted into a hectic session by noon in reaction to fundamental news. The Dec contract was first sold off to 93.62 from opening level of 96.67 in reaction to
      BA Futures  -  468 words
    • 208 6 HONGKONG: GOLD yesterday closed lower under pressure from selling by local speculators and Swiss commission houses. It finished at U*****.00/387.00 per ounce. On the local market, gold ended at HK53,569 per tael, up HK$4O from Monday's close. The Krugerrand finished HK$4O above its close here on Monday at HK52,960,
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    • 61 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/2 per cent yesterday, unchanged from Friday's close. The term rates remained unchanged across the board. S$ Interbank rates at 7pm ytsttrdoy: O(tar M Overnight 4 1/2 4 3/8 1-month 4 3/8 4 1/4 2-month 4 3/8
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    • Article, Illustration
      251 6 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet afternoon trading. Asian dollar CD rates closed unchanged at slightly lower opening levels in quiet afternoon trading. hdcates the average of the prime tendbif rates of 12 major banks operating in Singapore depMtt rales us$ OHf fed
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  • Page 6 Advertisements
    • 717 6 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Shareholders The Board of Directors of The Development Bank of Singapore Ltd wishes to make the following announcement 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1986 (a) Inters* earned 436,893 473,023 (7.6
      717 words

  • TRAINING & DEVELOPMENT
    • 336 7 Cahnec Tel: *****13 Seminars and r c T ExDOsition Tlx! RS ***** Courses IB V. Fax: *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Aug 25 How to Re-Instill Or Boulevard Hotel The Forrell *****29 Increase the Spirit of Entrepreneurship Within an Organisation Consulting Corporation Aug 25-26 Planned Press and
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    • 669 7  -  By LOH HUI YIN ESSO SINGAPORE has been successfully "exporting" its skilled personnel to affiliate companies and national oil companies in a number of countries recently. The US, Greece, Hongkong, Thailand, Guam and China were among the countries which sought the skills and
      669 words
    • 550 7 NYT IN THE PAST, many workers in the US took for granted that training and education would lead to an occupation that would last a lifetime. But in an era of great economic and technological changes, experts on the workplace say the
      NYT  -  550 words
  • Page 7 Advertisements
    • 279 7 Hexagon brings the financial market-place to your office. To keep one step ahead in the money market, you need accurate information and you need it fast. Hexagon, Hongkongßank's corporate electronic banking system, brings instantly to your screen the current state of both local and international markets. Hexagon will keep you
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  • FEATURES
    • 438 8 THE 23-MEMBER Malaysian Cabinet contains no surprises and signals the intention of Prime Minister Datuk Seri Dr Mahathir Mohamad to continue to emphasise the importance of stability and economic growth. Clearly, in Malaysia's case, one cannot exist without the other. As with most developing
      438 words
    • 807 8  -  Australia recently announced sweeping changes to policy and tax regulations in an attempt to boost foreign investment in a sagging economy. While there have been some initial enquiries from overseas, it is still premature to suggest that these will lead to new investment in
      807 words
    • 542 8 jpa BHk IT IS NO LONGER necessary to establish that a proposal for investment in a manufacturing venture is for the net economic benefit of Australia or to comply with any requirement for Australian equity in the venture. While it is still necessary to notify proposals
      542 words
    • 133 8  -  Letters to the Editor Philip Leong Sisgipwr AseeetattNMiMfce lastttate «f Chartered Secretaries and Administrators Dear 9r, We refer to the back page of your Business Tiroes of August 8, 1906, in which there was a report on Mr Lee Fook Hong's paper on "The Chartered
      133 words
    • 159 8  - Concern over dilemma faced by family-owned companies Lee Fook Hong Dear Sir, Thank you for publishing on the back page of the August 8 issue of Business Times a report on the paper entitled "The Chartered Secretary in Public Practice" which I delivered at the Forum on The Companies (Amendment)
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  • Page 8 Advertisements
    • 118 8 OLYMPICS OLYMPIAN CLASS ir I j. v ws. A WISE CHOICE Extra-spacious 42-inch seats plus all the privileges and trimmings of first class travel. For just the price of a full economy ticket. For enquiries and reservations, call 225 8877. 4 ar 4 k s The International Airline of Greece
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    • 65 8 m~-u i Ms i k Matr of itir t < onomy Sorting out the sign£ 16 poges of penetrating viewf about world k trends and events A MONTHLY JOURNAL OF A residential rally. Wages What went down... but should it stay down? The long view. The stock market The market
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  • Page 8 Miscellaneous
    • 671 8 CRYPTIC PUZZLE ACROSS 1 It's played in matches, sometimes (5) 6 Wait for us to get in (5) 9 A friendly drink (7) 11 Scottish town with an air centre (5) 12 Gets out of the way of the men (5) 13 They're nice but not painless (7) 15 Pile
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  • SPORTS
    • 535 9  -  By WALTON MORAIS THE TALK of the sports world on Monday was how Aussie golfer Greg Norman blew a fourstroke lead in the final eight holes to lose the US PGA championship after leading three rounds. It was the third time this season that
      535 words
    • 117 9 UPI CHUCK McKINLEY, who won the Wimbledon title in 1963 and was one of the great tennis players of his generation, died in Dallas on Monday of a brain tumour. He was 45. McKinley died at Baylor Medical Centre. The tumor had been diagnosed
      UPI  -  117 words
    • 198 9 Reuter BARCELONA'S English striker Gary Lineker, top scorer in this year's World Cup finals, has suffered a broken rib in a weekend pre-season tournament. A club spokesman said in Barcelona, Spain, on Monday that Lineker, who joined Barcelona from Everton for a fee of 460 million
      Reuter  -  198 words
    • 716 9 Reuter 808 TWAY of the US won the 68th American PGA championship in Ohio by two strokes on Monday when he shot a steady one-under-par 70 as third-round leader Greg Norman of Australia collapsed with a 76. Tway clinched his first victory in a major
      Reuter  -  716 words
    • 452 9 Norman says there's no monkey on his back AP AUSTRALIAN Greg Norman, stunned by Bob Tway's remarkable sand-shot birdie on the 72nd hole of the PGA championship on Monday, was stung again when the question of choking under pressure was raised. Norman was gracious towards Tway in his post-tourna-ment comments,
      AP  -  452 words
    • 298 9 AP FINAL SCORES on Monday: Bob Tway 72-70-64-70 Tit; Greg Norman 65-68-69-76 278; Peter Jacobsen 68-70-70-71 CTI; DA Weibring 71-72-68-69 288; Bruce Lietzke 69-71-70-71 881; Payne Stewart 70-67-72-72 881; Jim Thorpe 71-67-73-71 288; Mike Hulbert 69-68-74-71 288; David Graham 75-69-71-67 882; Doug Tewell 73-71-68-71 288; Donnie Hammond
      AP  -  298 words
    • 468 9 Reuter BRAZILIAN Nelson Piquet left Eastern Europe a hero on Monday, having split the world driver's championship wide open with his triumph in Sunday's Hungarian Grand Prix, a race declared a success by the Formula One family. From dawn through the soaring temperatures of Sunday
      Reuter  -  468 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1203 9 to em mm ALL THE WORLD'S A STAGE Admit Ms, Chorus, To This History (Lost spisods) Bpm, Chsnnsl 12 London in the 1950s produced a new breed of actors and writers. Usina Osborne's "Look Back In Anger" as a pivot, Ronald Harwood looks back to France, Italy and Germany in
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  • INTERNATIONAL STOCKS
    • 155 10 NYT THE International Paper Co has agreed to acquire Hammermill Paper Co for US$ll billion in a deal that would create one of the largest forest products companies in the US. The two companies said International Paper, which produces such lower-priced paper products as containerboard,
      NYT  -  155 words
    • 185 10 THE SUDDEN resignation of John Poelker, BankAmerica Corp's widely respected chief financial officer, after less than six months means that the group's long-awaited turnaround will be even further delayed, say bank analysts. Although Mr Poelker insists that his decision was "purely personal,"
      185 words
    • 123 10 Reuter THE MIDWEST Stock Exchange in the US and the London Stock Exchange have established an electronic clearing and settlement system which will formally begin operation tomorrow. The link, which had been in place for about a month in a pilot phase, would allow London firms to clear
      Reuter  -  123 words
    • 328 10 Reuter WALL STREET share prices rose to their best gain of the summer on Monday, as the market drew further strength from the view that deflation has ceased to be a threat to the US economy. The market advanced last week after Opec
      Reuter  -  328 words
    • 142 10 AUG 11 C» Imp CM Q A krtco M Prov P*P« 40* 17* 39* 1* AbMbi 22 unch 17* 42* 1* 16* -t-l* Aloomo 14* 12* inch Bank Novo Scofco Bank Of Montreal 15* 32 38 unch Me BkxM Motion A 36* 27* 34* Bp Rnmnn 28* 25* 1
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    • 213 10 AUG H 710 20 126 unch INDUSTRIALS (Jh StMi 50 inch 1250 unch A AJpho Abtrcom A«o ***** 260 1360 390 OO I++2 Ml MNCS 5375 225 4950 1925 2800 25 70 25 Angvoal Buff* ***** 2365 ***** 7.50 1100 CNA Cum* Fina Edgars 255 nc* 390 ***** 5
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    • 704 10 MAI TW Alcan Akmn 30* Alcoa 36 41* Alog M 16* 4 AJhd S<g 49* 10* ASed Storn Afc-Chafcnart Am Browil Inc 3* 93* +1* Am Can Co 88* 1* Am Cyonorrwl r 82 ifxh Am DK PW Am Exprau 28* 61* unch 1* Am Homo Prod 90*
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    • 820 10 Amsterdam AUG 11 «l A8N Aagon AhoM Akzo ***** +5 107 00 1.5 98.00 *2 5 162.30 +1.3 151 90 +0.2 AMEV Amro Bank Km Stod Barfed Boruvraj Buehrmon Tatt« C<*v« 8080 08 ***** +0.3 125.00 +0.1 37 50 unch 115.00 +5.5 rada.. ***** +3 697 50 +9.5
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  • Page 10 Advertisements
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      446 words
    • 79 10 London stocks on Pogo 14 Mi 1 I I i H I I V Seajbod Restauranl Prepared by masterchefs from Hong Kong, our set lunch and dinner menus offer extraordinary value. Lucky Menu $80++ for four persons. Good Luck Menu $168++ for eight persons. Happiness Menu $268++ for 10 persons.
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  • ASIAN STOCKS
    • 305 11 HONGKONG: Share prices closed sharply lower yesterday as the stock market consolidated after rallying last week. The Hang Seng Index lost 22.04 to 1,906.00 and the Hong Kong Index was 11.97 off to 1,189.53. Trading was moderately active but turnover reduced because of falling market prices. Turnover totalled HK5438.61
      305 words
    • 246 11 AUG 12 Al Sane arc ktdus Alio Camant MT» 1 86 2360 0 08 +05 Kuochan Da* Laa Chang Yuan Cham bidus Lion hhra India 21 80 29 50 11.10 +0.6 0.6 +035 Cathay Con* Chang l-K*a Bank 31.00 40.60 0.3 unch +0.5 +0 5 +0.1 +0.7 +0.7 No)
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    • 452 11 TOKYO: Widespread buying spurred by renewed expectations of declining interest rates and optimism over a rally in the New York market bolstered the stock market average yesterday to its second largest daily gain. The 225-share market average surged 315.58 yen to 17,794.69, al- most matching the record 320.56 one-day
      452 words
    • 86 11 AUG 12 Nm Monlwl Onantd B 0 013 -0001 jsssr 1 PM OvKMOl 0.015 indi 0.0014 inch Phte* B 0 26 +0.01 Apex Mining B 0015 +0001 Reap B Attn Can. B 13 +2.5 pCdt Z 171 3 Gold 0.0012 inh San Migml B Saohom 67 inch Bawc P«trc4»um
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    • 410 11 SYDNEY: Australian share markets closed easier across the board in brisk trading yesterday, dragged down by a sharp turnaround among leading gold stocks and weakening industrials. At the close of trading, the All Ordinaries Index was 4.9 easier at 1,149.2 and the All Industrials fell 6.0 to 1,816. The
      410 words
    • 103 11 AUG 12 Kongo on M Kio N*otor Kaion Ind 1135 1945 2336 -10 -45 •44 CM Sugar Ind 1190 385 -10 -5 Karoo Lang Tom Lucky Lid 1560 1600 -40 •20 Doowoo Cofp Daewoo Hoovy Don; Ah Phar Dong St* Stock Dongbu S*~t GoldStar 1570 1448 870 1660 1655
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    • 82 11 Reuter THE ADELAIDE Stock Exchange reinstated trading in shares of Armtech Ltd on Monday after the company answered queries on a US$36O million weapon sales contract. Armtech last week announced a contract with a Hongkong trading house, Greenhorn Ltd, to supply an unnamed European buyer with one
      Reuter  -  82 words
    • 73 11 Reuter SWIRE PACIFIC Ltd said BICC PLC has acquired a 50 per cent stake in Swire Haden Ltd for £44 million from Swire's former partner in the Joint venture, Haden Group PLC. A Swire spokeswoman yesterday said Swire would retain its 50 per cent interest,
      Reuter  -  73 words
    • 192 11 AFP A KUNG-FU comic king goes public on the Hongkong stock exchange today, but local brokers are sceptical about his chances of scoring a knock-out. The vividly-drawn kung-fu comics, with a rich blend of violence, adventure and moralism, are essential reading
      AFP  -  192 words
    • 374 11 UPI TWO Japanese medium-sized companies a quoted steelmaker and an office equipment venture have independently sought court protection from their creditors. Kokko Steel Works, which specialises In small bar products for the construction and civil engineering industries, on Monday applied to the Osaka
      UPI  -  374 words
    • 108 11 HONGKONG AH Industriols Hongkong Index Tuesday 1189.53 Monday 1201.50 Tuesday 1816.0 Monday 1822.0 Week ago 1782.1 Week ogo 1175.47 NEW YORK Hong Song Index Tuesday *****0 Monday 1927.04 Week ogo 1889 04 Dow Jones Monday 1811.16 Fndoy 1782 62 Week ogo 1769.97 TOKYO Stondord Poors Nikkoi Averoge Tuesday
      108 words
    • 258 11 Manogtrt' prices MARA-Sum iak||4a« ipUirl tor Aug 13 Frst B'putra 4 49 4 54 Singapore Unit Trust Second B'putra Third B'putra 421 426 3 23 3 28 The Commerce 084 090 0 i 1 3 64 3 69 The Savings Fund 075 0 81 Fifth B'putra 2 30
      258 words
  • Page 11 Advertisements
    • 166 11 i s©3 am M «1 Witere to wiae, dilAc m& tdteruk And The Beat Goes On. And On! The Whole Night Long! Elect.no atmosphere 1 Top 40 hits' A creation of the Teenage Revival from Manila! Additional attraction! Catch the mesmerising act of Framewerk with Fandah DoHah 1 HAPPY HOURS
      166 words
    • 107 11 "X 9 V -.1 W" 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 Houra from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while bottle buyers pay
      107 words
    • 53 11 7~ V' W) |DV Level 4 A vortex of sight, sound and sheer imagery MV I Ist Drink Charges: AAA i'-L 5512- LADIES NIGHT 3*** 2am, wl2 ma rn\rro ru Fri, Sat Eve of NO COVER CHARGE Public Holidays: Tuesdays Wednesdays 9pm 3am; $18** A~A~ mEZZKiorHotef 5 Coleman Street, Singapore
      53 words
    • 143 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
      143 words
    • 111 11 $12.50 BUFFET-LUNCH COMBINING THE BEST OF EASTERN ft WESTERN DISHES Lunch Hours: 12 noon 3pm i charge A 3% government tax not induded 19, Celmhill Circle, Singapore 0922. Tet *****22 Telex: RS ***** 52 y 4 k. ITte. iPuiim. Our Daily Specials! A sumptuous 3-course western or local menu, different
      111 words

  • RAW MATERIALS
    • 597 12 Market is overbought, analysts say Reuter AFTER RISING to their highest levels in the past few years, gold and platinum prices had become vulnerable to sharp drops unless there were fresh developments in South Africa, the West's leading supplier of the two metals, analysts
      Reuter  -  597 words
    • 213 12 Reuter SINGAPORE THE MARKET yesterday closed higher with September One RSS buyers quoted at 178.00 cents per kilo, up 2.25 cents from Monday. In the TSR-20 market, trading was quiet throughout the day but prices closed higher on some buying interest. TSR-20 September and October ended at 153.50 and
      Reuter  -  213 words
    • 95 12 OIL PRODUCTS IN THE Far East petroleum market prices eased up again in thin trade. Sellers of naphtha were reported around the US$l3O per tonne mark but buyers hung back around last week's levels after weaker signs from Europe. Closing prices for crude (fob origin) US$/barrd Change Dubai (Sep) 11.70
      95 words
    • 76 12 Reuter THE TIN price n ike KLTM yesterday galied twe eeats te elese at Msl4 M per Hie la eeatiaaed qaiet deaUag, The rise was aided by slight Japaaese aad leeal iaterest, ether trader» re■alalag absent. Dealers expect mere hayers If the priee falls Is areaad Mfl4. Taraever
      Reuter  -  76 words
    • 147 12 Chinos* Produce Exchange Sellers' noon closing prices on Aug 12 (SS/100 kg). Coconut oil Bufc Foe 43 00 Oid drum FOB 56 00 New drum FOB 60.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gombier FOB NSW 460 00 1355 00 1256 00 330
      147 words
    • 200 12 SOYBEAN FUTURES on Monday climbed further after midsession and closed 3/4 US cents a bushel lower in August to 3-1/4 cents higher in other contracts on the Chicago Board of Trade. All months ended higher but spot August. General shortcovering after the declines to new lows last week pushed
      200 words
    • 173 12 MALAYSIAN crude palm oil prices yesterday eased further at the close on liquidation and buyer reserve, in sympathy with weaker palm oil futures and a mostly lower Chicago soyoil futures close on Monday night. Interest was again confined to Aug deliveries, with south region falling M 57.50 to
      173 words
    • 403 12 COFFEE ROBUSTA coffee futures on Monday briefly extended morning gains on the back of limit-up movements in New York, before light profit-taking took contracts below the highs. Near Nov closed at £1,885 against Friday's close of £1,840 and in a high-low of £1,890/1,830. Volume was 3,904 lots which
      403 words
    • 380 12 RAS prices m S CMtiAg, FOB m 1 wles NOON CLOSE Int 1 RSS Prompt 177 25 178 25N 178 00 179 00N Int 1 RSS Sept 86 177 25 177 75 178 00 178 50 Int 1 RSS Oct 86 177 25 177 75 178 00
      380 words
    • 101 12 (c«nts/kg. 1-t«n f •"•^SCFTM OCT 86 (current month) (forward month) NOON NOON RAS l„y <n C -M Iwytn *-M- MHVT1 SSR 20 160 50 162 50N ***** I63.00N SSR 50 157 50 I59 50N 158 00 160.00N MRELB Srfin Bvrert S««OT SMR CV 237 50 239 50N
      101 words
    • 176 12 Reuter WHEAT FUTURES on Monday declined from midsession levels on chart-rleated selling and prices closed 2-3/4 to 3/4 US cents a bushel lower in thin trading on the Chicago Board of Trade. December prices drifted down to the 2.59 cents a bushel level and triggered commission house sell-stop 6,
      Reuter  -  176 words
  • Page 12 Advertisements
    • 235 12 V -L \V" i r 3L< .f.J r 'iJt I gHK *-.J! r> |7 i'" J m u... f.F .NKi RACS sub-troc-tion /sab'troetyn/ n The process of taking away something from a sum or total amount, /seb'traetym/ n The process of talcing away or reducing duplication from the gross readership
      235 words

  • SHARE INFORMATION
    • 4099 13 SHARE PRICES of local quality counters continued to rise on the Singapore stock market yesterday but closed off-best as buying slowed down in the afternoon. Malaysian stocks generally eased in relatively quiet trading. Due to good gains chalked up by certain Singapore blue
      4,099 words
    • 264 13 SINGAPORE Rises M BCSWSOSB 25 m 8T Con cm* Aap 11 646 58 U, 12 6S2.S8 Jm> Eag 50* 254 FAN 835 Mstvs HUp 346 OUT 196 Kfcaag Gaaa 260 •i r'lfrr 94 MMl Bw I*M 314 bdKw 230 Nitlw 420 Spar* Laa4 414 S*M U. 380
      264 words
    • 3177 13 BID and offer price* oflVUlfy listed and business in and reported to the Stock Exchange of Singapore yesterday with The number of shares traded shown in brackets in lots of 1,000 unit* unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'.
      3,177 words
  • Page 13 Advertisements
    • 29 13 KL market report, Business done on the KLSE, Page 14 Unit Trust and Selected Indices tables on Page 11 M onagers ust anage BT shows you how every Monday.
      29 words

  • COMPANY NEWS
    • 476 14 THE LONG OVERDUE annual report of Larut Tin Fields Bhd for the year ended March 1965, which was finally released yesterday, showed that the retailbased company has taken to stock market investment. Since clearing out of tin-min-ing in 1960, the company, which is
      476 words
    • 260 14 the period Sep 5 to 11, both dates inclusive, because the share transfer books and register of members will be closed for the purpose of determining shareholders' entitlement to the interim dividend declared in respect of the financial year to end-De-cember 1965. IN REPLY to another query from
      260 words
    • 659 14  -  By NAJEEB JARHOM DEVELOPMENT BANK of Singapore, the worst performer among the Big Four banks last year, has returned with a vengeance to the top of the league. It is now poised to be the only bank to chalk up an
      659 words
    • 394 14 UNILITE ELECTRICAL Industries Bhd, the investment holding company whose shares have been suspended (or the past eight years, expects to earn a group pre-tax profit of not less than M 51.56 million for the current year to end-December 1906, according to the company directors.
      394 words
    • 138 14 Reuter BRITISH PETROLEUM Co PLC is to restructure the equity of its subsidiary BP Malaysia Sdn Bhd resulting in two Malaysian institutions owning 12.5 million new shares, or a 17.6 per cent share of the enlarged capital. The move is in response to the New
      Reuter  -  138 words
    • 1957 14 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MUSTRMLS Acmo (1738 18ISXI) 175 (3) 177 (2) 179 (1)
      1,957 words
    • 52 14 BITOT SEMBAWANG ESTATES Limited: 20th AGM at 19th Floor, OCBC Centre, Chulia Street, Singapore 0104, on Friday, August 15, at noon. INTERNATIONAL TRIJ8T FINANCE Limited: 18th AGM at the Conference Room, Ong A Co Pte Ltd, 76 Shenton Way, #18-00, Ong Building, Singapore 0207, on Friday, August 15,
      52 words
    • 473 14 SINGAPORE stocks shone in an otherwise dull trading session on the Kuala Lumpur stock market yesterday, with speculative counters losing ground after an encouraging start. Trading conditions were lethargic and most stocks were marginally lower. Only selected Singapore-based blue chips and other counters were able
      473 words
    • 647 14 SHARE PRICES in London opened firmer yesterday, continuing Monday's late advances and further boosted by Wall Street's sharply higher closing overnight. By 11.00 am, the FT 30 Index was up 11.9 points to 1,240.6 while the FTSE 100 Index was 13.9 points higher at 1,556.7. On Monday, the
      647 words
  • Page 14 Advertisements
    • 365 14 NOTICES IN IB MATTER OF THE COMPANIES ACT, CAP lIS. AND rf«ui|in) NOTICE OP SPECIAL RESOLUTIONS At an extraordinary general meeting of the members of Talren Shipping Private Limited duly convened and hekl at 7500 A Beach Road #07-314/315 The Plaza, Singapore 0719 on 12th August 1066, the following special
      365 words
    • 353 14 SOUTHWEST PACIFIC SHIPPING PTE LTD (In Voluntary Liquidation) At an extraordinary gan«ral meeting of Southwest Pacific Shipping Pta Ltd held on 6 August 1986, the following Special Resolution was duly passed: That Southwest Pacific Shipping Pte Ltd be wound up voluntarily and that Mrs Irene Lee of 11 Collyer Quay
      353 words
    • 256 14 A DOM A HOLDINGS PTC LTD (In Voluntarily Liquidation) At an extraordinary general meeting of Adome Holdings Pte Ltd held on 6 August 1966, the following Special Resolution was duly passed: That Adorns Holdings Pte Ltd be wound up voluntarily and that Messrs Roger Philip Edmonds, Jeffrey Heng Ghee Sang
      256 words

  • Page 15 Advertisements
    • 4292 15 UNILITE ELECTRICAL INDUSTRIES BERHAD (Incorporated in Malaysia) THIS IS A SUMMARY OF THE EXPLANATORY STATEMENT DATED 11TH AUGUST. 1986 COPIES OF THE FULL EXPLANATORY STATEMENT ISSUED CAN BE OBTAINED FROM UNILITE ELECTRICAL INDUSTRIES BERHAD ("THE COMPANY"). AMANAHCHASE MERCHANT BANK BERHAD. THE KUALA LUMPUR STOCK EXCHANGE ("THE KLSE") AND THE MEMBER
      4,292 words

  • 448 16  -  By LEE HAN SHIH, Property Correspondent JUDGING by the 31 bids submitted to the Urban Redevelopment Authority to lease land in its proposed recreation and food centre in Marina South, it appears that developers are more interested to build restaurants and recreational facilities
    448 words
  • 424 16 HUNDREDS of office workers were evacuated from several high-rise offices in Singapore at lunchtime yesterday following earth tremors which lasted for about 15 seconds. The workers rushed out onto the streets and stood outside the affected buildings or waited at nearby safe areas. They were later
    424 words
  • 106 16 Reuter A JAPANESE government agency yesterday called for a wage rise for state employees which could push the defence budget beyond its voluntary ceiling of one per cent of gross national product this year. The National Personnel Authority recommended an average 2.3 per cent or
    Reuter  -  106 words
  • 75 16 IT WAS a shattering experience for three Thai women who went shopping yesterday afternoon at an old godown at Robertson Quay the roof collapsed. They landed in the hospital with head, hand and leg injuries after the roof of the godown, which stocks beans,
    75 words
  • 329 16 Reuter THE SENATE will probably pass a bill this week urging the use of US gold sales to drive down the price of South Africa's chief asset, but analysts doubt it will have much effect because President Ronald Reagan is unlikely
    Reuter  -  329 words
  • 75 16 THE Criminal Investigation Department (CID) will be re-organised from Sep 1 to make it more effective in its fight against crime. The Director of CID, Asst Commissioner Jagjit Singh, told the Singapore Broadcasting Corporation, that the Operations Department would be split into two new sections. The Specialised Crime
    75 words
  • 271 16 UPI CHINA, angered by reports that the US is providing military technology to Taiwan, demanded yesterday that Washington honour its 1962 commitment to reduce arms sales to Taiwan. The statement by the Chinese Foreign Ministry came less than a week after the
    UPI  -  271 words
  • 43 16 AP SECURITY forces captured India's second-ranking Sikh terrorist leader yesterday, the United News of India reported. Tarsem Singh Kuhar, chief of the Khalistan Liberation Army, was captured only three days after paramilitary troops captured Manbir Singh, India's most-wanted Sikh terrorist- AP
    AP  -  43 words
  • 149 16 UPI THE UNION CARBIDE pesticide plant employees union of India has rejected as a "total lie" the company's claim that sabotage by a disgruntled worker caused the December 1984 gas leak that killed more than 1,700 people. "The Bhopal disaster was caused due to
    UPI  -  149 words
  • 297 16 UPI THE NEW SOUTH WALES state government has cancelled a contract (or USbased Harrah's to build and operate the world's biggest casino in Sydney because of allegations linking Harrah's with organised crime figures. The state government had signed a 45-day interim agreement in June with
    UPI  -  297 words
  • 447 16  -  By SOH TIANG KENG, Financial Correspondent OPTIMISM has replaced gloom in many trades and industries in Singapore's manufacturing and service sectors. The Department of Statistics says that manufacturers, retailers, wholesalers, restaurant and airline operators, stockbrokers and insurers have become "more optimistic" about the
    447 words
  • 82 16 Reuter COMEX gold futures yesterday fell in choppy dealings as traders took profits on Monday's sharp gains. October was trading at US$3B9, down US$5.BO, with spot August US$6.4O lower at US$3B5. Comex silver followed its sister precious metals to lower ground as professionals took profits on
    Reuter  -  82 words
  • 56 16 Reuter WALL STREET stocks yesterday opened moderately higher as bond prices strengthened. Speculation that the Fed is considering a further easing of the discount rate, this time possibly with the West Germans, bolstered bonds. The Dow Jones Industrial Average Jumped four points to 1815. Advances led declines
    Reuter  -  56 words
  • LATE FILE
    • 36 16 AFP PRESIDENT Coras» Aquino yesterday said her vice-president would a—» ceremonial functions but 4ie would continue to govern the Philippines dining her visits to Indonesia, Singapore and the US AFP
      AFP  -  36 words
    • 40 16 UPI FRENCH firms have stopped pumping Libyan oil, but deny this is part of discreet French government efforts to support the US economic boycott of Libya, the weekly Middle East Economic Survey said. UPI
      UPI  -  40 words
    • 55 16 UPI CHINA'S state-run airline yesterday signed a US$4O million contract to buy five aircraft engines from General Electric Co, the official Xinhua news agency reported. The CF6-80C2 engines will be used to power two Airbus Industrie A3lO-M0 aircraft doe to be delivered to the Civil
      UPI  -  55 words
    • 33 16 Reuter SOVIET leader Mikhail Gorbachev yesterday met Vietnam's new communist party leader, Trnoag Chinh, and Dow men pirageo to won for better relations with China, die «is>pUl news agency
      Reuter  -  33 words
    • 40 16 Reuter A SENIOR Soviet official yesterday said talks betweeu US and Soviet arms experts in Moscow had been "businesslike" and meetings on other subjects were planned to help to improve prospects for a new supeipowei summit. neuter
      Reuter  -  40 words
    • 54 16 Reuter THE Iraq-Iran war yesterday hotted up with Iraqi Jets blasting a major Iranian oil terminal in the southern Gulf, hours after Iran fired a surface-to-surface missile at Baghdad. The low-level raid on Sirri Island left up to three tankers ablaze and halted operations at
      Reuter  -  54 words
    • 34 16 Reuter COLOMBIAN and Peruvian police are preparing to launch a Joint anti-narcotics drive aimed at eradicating an the cocaine laboratories along the Amazon Jungle border dividing the two countries. Reuter
      Reuter  -  34 words
  • Page 16 Advertisements
    • 348 16 Workshop on CREATIVE RATIONAL 'DECISION-MAKING PROCESSES r Singapore, September 16-18, 1986 WHY YOU SHOULD ATTEND: Business is Decision-Making. There is nothing more basic in business than having to solve problems and make decisions. Tens, hundreds and sometimes thousands of decisions are made in organizations each day. The difference between profit
      348 words
    • 207 16 Wty we spent millions erf dollars developingsomething people throw away It's often the products we use everyday for mundane things like throwing out garbage that take year* and million* at dollars to develop. Most people only think about garbage bags when they don't have one, we think about them all
      207 words
  • Page 16 Miscellaneous
    • 53 16 wnmm Outlook: Showers over a few areas in the kite morning. Report for 24 hours prior to 7.30pm on Aug 12 at the airport: Maximum temperature 32.5 Associated humidity 52 Minimum temperature 26.4 Associated humidity 94 Hours of sunshine 4.60 Rainfall in millimetres Nil Roinfall this month 23.5 Roiny days
      53 words

  • SHIPPING TIMES
    • 154 17 Reuter NORBEC, Saudi Arabia's stateowned oil trading company, may have chartered five to 10 very large crude carriers, VLCCs, last week, tanker brokers in Tokyo said. The 220,000 to 230,000 long ton VLCCs are likely to be used (or floating oil
      Reuter  -  154 words
    • 381 17  -  Aziz Abdullah appointed new deputy managing director By G DURAIRAJ SIGNIFICANT CHANGES in the senior management of the Malaysian International Shipping Corporation are underway. It is understood that the major revamp is being carried out following the completion of a consultant's report which found
      381 words
    • 270 17  -  By Kingsley Wood AUSTRALIAN shipowners and operators are to form a new organisation because they say the Australia Chamber of Shipping is too representative of overseas interests and no longer able to put the Australian viewpoint. To be called Australian National
      270 words
    • 210 17 AMERICAN President Lines has started a weekly rail connection for imports and exports moving to and from Bandung, Indonesia. The freight train service was established nearly six months ago and according to APL it has proven to be rather successful particularly in the movement
      210 words
    • PORTSIDES
      • 56 17 Reuter IRAQI JETS launched a missile attack on Iran's makeshift Sirri Island oil terminal in the southern Gulf, leaving two tankers ablaze, shipping sources in the region said. This was the first reported attack on Sirri, about 100 miles west of the Strait of Hormuz at
        Reuter  -  56 words
    • 1285 18 FREIGHT rates for grain chartering on Monday out of the US are tending dearer where changed mainly reflecting a rise in the price of bunker oil, shipbrokers said. A shortage of tonnage in the Great Lakes also contributed towards the upturn, they said, with US$27 being paid from
      1,285 words
    • 935 18 Malaysian International Shipping Corporation is still waiting to receive government's approval (or a listing on the Kuala Lumpur Stock Exchange. The timing for a flotation is highly favourable in view of its record profits in 1985. This extract from Lloyd's Shipping Economist examines
      935 words
    • 402 18 AP ALL SHIP-SCRAPPING activities were temporarily halted in Taiwan pending safety checks as a fire was still burning aboard a tanker following explosions that killed eight workers and injured at least 90 others on Monday. Port officials and police at Kaohsiung port said that a
      AP  -  402 words
    • 886 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lmes X 4 Arias Line X 3 ANL 1 1/2 APC Lme V 4 APL III 2/3 ASCL M 1 Balt-Conada Lme
      886 words
    • 81 18 SALVAGE DIVERS raised the bulk of the IBth century British frigate HMS DebnuUc and put it abeard a barge on Monday night, but found no treasure spilling from the coral-encrusted hull. The huge fragment of the 24-metre frigate was slowly raised to the surface near
      81 words
    • 176 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia /Straits Container
      176 words
    • 181 19 AP IRAQI JET fighters bombed a refinery and a power station in the central Iranian city of Isfahan, and Iranian warplanes raided a garrison in northwest Iraq and strafed a Greek commercial vessel sailing off Dubai. The Iranian news agency, monitored in Cyprus,
      AP  -  181 words
    • 398 19 Lloyd's List NORWEGIAN shipowner Leif Hoegh has transferred three more of its vessels to the Panamanian register as part of a major restructuring programme. In order to reduce the operating costs of its fleet, the company has so far this year sold
      Lloyd's List  -  398 words
    • 135 19 Fairplay THE second 50,600-dwt product carrier has been delivered to Dampskibsselskabet A/S Torm of Denmark by the Odense Undo shipyard. The delivery of the Torm Gunhild has more than doubled the tanker fleet of the Danish owner. Measuring 182 metres in length and 32 metres width, the
      Fairplay  -  135 words
    • 878 19 AFP FIRMER oil prices resulting from the recent decision by Organisation of Petroleum Exporting Countries (Opec) mem-ber-states to limit their collective output to about 16.8 million barrels a day prompted shipowners to seek firmer earnings on the freight market over the past week. Improved activity in the coal
      AFP  -  878 words
    • 164 19 Lloyds List REGULATIONS requiring goods to be presented to SGS Inspection Services in the country of supply for quantity and quality and for price comparison before shipment have been introduced by authorities in Bolivia. They apply to all goods ordered from Aug 1 or for
      Lloyds List  -  164 words
    • 126 19 THE PORT of New Orleans has appointed its first woman commissioner. Dr Alma H Young, associate vice-chancellor far academic affairs at the University of New Orleans, took her seat on the sevenmember Board at Commis-, sioners in July, replacing Commissioner Norman Kerth, whose five-year term has
      126 words
    • 6727 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.
      6,727 words
    • 954 25 AT CONVENTIONAL WHARVES VmmI Barth Arrival Departure KEPPEL WHARVES Agnes Venture K17 alongside 13.8/1500 Barber Tampa K9 alongside 13.8/0600 Ned Baltimore K12 alongside 13.8/2300 PSumatera K20 alongside 13.8/0600 Equator 5 K23 13.8/0700 14 8/0700 Flex Africa K19 13 8/0700 14.8/1500 'GSekitan-VI K18 13.8/2300 14.8/1900 Murroyeverett K27 13.8/0600
      954 words
  • Page 17 Advertisements
    • 631 17 Concise Co/f jpro/wns/vo -Contemporary WoS"** OOCL OH|Bff Ovhqeai Cmtnifm lini MM am MBKSS ON. fc. *****4/ OM) 200 M #12-05 Suutopun*. 0200 M *****11 TU£X NO OS ***** cfs ones *****11 M aHn *****11 Tata Ni M ***** POMNC TU (***** TEIiX HO MM0073 CfS TEL *****0 ran KUK Ttt
      631 words
    • 72 17 LflVI OpofalK>fi n#«ps to boost MISC't cirningi, Psqc II mm THE KEY TO the future prosperity of Moloysion International Shipping Corporation clearly lies in its LNG operation. Pag* II NORWEGIAN shipowner Leif Hoegh has transferred three more of its vessels to the Ponomonion register as port of a major restructuring
      72 words
    • 572 17 n THE HEART OF THE DRAGON 7/ MAERSK LINE FTTTTRT FASTEST SINGAPORE/ANTWERP SINGAPORE/ROTTERDAM SINGAPORE/BREMERHAVEN SINGAPORE/HAMBURG 17 DAYS 18 DAYS 19 DAYS 20 DAYS P#nan 9 Vmwl Voy S* pore 5 OH"' Omm ta O 10/OISM as ua2300 mb 14-14/1 IVIS/* 21-21/1 2222/1 22 22/1 »n/1 S2t/t an/* M/l Hrt il
      572 words

  • Page 18 Advertisements
    • 197 18 > 4 YAMASHITA-SHINNIHON LINE TRAMS-PACIFIC SERVICES <i Atlantic/Canada Faadar at Nagoya ni mmm n l bi vrrm ra I FT* ITT* nr* fTTTI* ITCB ITT* i m m m n~7—«i r™ TTTMII I Bl'i'Ji'l'lfl FTHITTm I.V=..■ iMl'llri'.iiYa rurara i.t, i n'VPTiiwa m m rm h'i iwrn iiM* 1 ImiDDLE EAST
      197 words
    • 210 18 europc/far cast conventional service VSL PT. of LOG. DATES Eastern Wiseman Durturt Arf-Hb* &*>*. SaM Camu Pasa<es-Bttt>ao SaM (»angetos L IpiMden Bilbao-Pasates 4-7/8 Goodway Bilbao-Ant Hbg 116/8 St. Constantinos Hanko Hbg SaM Piotomachos Ifmuiden-Hbg Ant Bremen 1121/8 Further toad/ discharging ports en route subject to sufficient inducement. Singapore Ajent Goodrich
      210 words

  • Page 19 Advertisements
    • 789 19 The Straits Steamship Group f STRAITS SHPPING f Sinoaoorv to Sibah. Sniwik. Dnjnti Ports and BenQkok i m QCC Overseas Containers Limited i,-iiV>«/.iriJ. 1 ..i..i.i»i rta irwi Bwr*» UM *2 !K! #4/1 IV* 12/1 IVI ivi w iw a/> w *v» 23/1 »/l 27/1 21/9 M/ 9 01/10 13/ It
      789 words
    • 603 19 Franco Belgian Services f&j ir I ,~t t r.n, h s,rw. «i uh H.U <■' > MFMBFR OF ACE CONSORTIUM) .nemon trm pjsume it bnrta r»M Mb 'XjL' > ign T.r CHARGEURS HAVRAiSE KIEDEX L !NE /fuKV MM HW| r*m» UMhx P JUta* rpn IS M M MM a M
      603 words

  • Page 20 Advertisements
    • 344 20 MM———^ Hapag-Lloyd 10 CONTINENT/UK EXPORTS M/M 13/1118/11- 19/11 IJ/ll 14/1217/12- It/12 FROM N CONTINENT KUK IMPORTS inwt hwnbWwi irtwft ytw n s>« taw* ■tat Mm SW W M SM 3M 14/1 14/0 Mr «t EM** M SM M M M 22/1 24/0 MWEW W M SM SU 29/1 31/1 CWfM
      344 words
    • 587 20 K.S.line FULLY CONTAINERISED SE TO FUROPF VIA SUF7 1 R ol ,hr f Co RVI C E ORDnU CHEF bom NETTIM CXnTM. XII FROM FUROPF VIA SUFZ 1 8 ol ,he Consortium icnuc CtTSTHI 3ft I (21/8) KOKM CHMCE 271 (28/1) SMN SUS MDS sft 4/9) (11/9) •rot/Mono «ssa ■■MM
      587 words
    • 350 20 ML Hai Sun Hup Co (Pte) I td TEL *****06 (20 Lines) TLX RS ***** RS ***** UL*Vj I \M I K\ c \K I l\l K. I I) STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO RO HEAVY LIFTS I Loxfenf at appropriated Berth P4-PS NOTE: ALSO CALLMG OTtO
      350 words
    • 793 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST foki vsl ssr Mono m uu tc m n ra na gokm u/i mi aim 9/9 12/9 EDO GOKM li/t MTM (POLIO 14/9 15/1 17/1 Ml GLORT 21/1 Ml GOIIVT 31/1 19/9 maim 21/9 mtm*pouo
      793 words

  • Page 21 Advertisements
    • 882 21 pin i I PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel *****33 v\v 1 FAR EAST CONTAINER SERVICE MAJAPAMT GOWA HOT A BIMOA SIN JKT MY SIN tr"T In Pt IS/S 17/« 21/• rut rut rut z/s s/s s/s •TCN TAJCHUMG *MUR NKO KAO *TCM KEE
      882 words
    • 914 21 BLC BEN LINE CONTAINERS EXPRESS comeo SERVICE to uk/comtvent STON HUM BTMtO ADAM HAMS 1/4 2/4 4/9 5/4 J/9 1/9 9/9 11/4 12/5 14/9 U/9 17/9 19/9 H/9 W9 a/9 n/9 v/ 9 n/9 */9 1/1# 2/11 4/11 Vl4 7/11 14/14 11/1* li/19 14/11 14/14 14/14 17/14 11/14 24/14 22/14
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    • 458 21 Li DJASAQETRI A Joint Europe Service Of: p.t. ojakmta urn p.t. beshm lloyo P.T. SAMOA INDONESIA 4 P.T. TRIKORA LLOYB EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE Tram au*o moo atmm/itmm true S PAMMC Vl3-BO 14-IC/S 12/9 15/9 11/9 21/9 JTpin BBbao ktMK/rtm s-a/i l/u i/u HWg/lNaaa STOHf BUM MOO
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    • 375 21 BOUSTEAD SHIPPING AGENCIES PA-A* V99R MYOMArm V97W pagan mm nm MH V* BURMA FIVE STAR (Burmese National Line) Loadh| for Ranfoen Spar* Pana* I Wart/14 M 11/299* is/17 Ami »/Ji a* 2/4 1* BANK LINE n: 'li'i (>»•.' TOAAA NUGN V.l MORAYBAN VIA CLVDOMK VIM TMMITM SAMOA VI FORTWAM VI7N
      375 words

  • Page 22 Advertisements
    • 957 22 WASAKI KISEN KAISHA, LTD. PACIFIC COAST FEEDER VS. 9 K W MMtt Vl3 12 An 13 An 14 km IS An I BRDGE Kl 20 AUG 21 AUG 22 AUG 24 MIG EUROPE (VIA SUEZ) MM CONTMDt V3SN OMENTAL CHEF VSM KOREAN IACEJM V3SN KT« CRYSTAL V3CTI Of ACE GROUP)
      957 words
    • 664 22 fk AUSTRALIA EXPRESS CONTAINER SERVICE Acwptinq FCL/FCL Container* P Mam L«W VBSd Sport Mctt hen SyO* too *cce» ER V 6 14 Am CHMOOAS V2l 2 Sept 17 Sept 76 Sept 24 Sept Md/Bra 6Scp( KABMOAS *30 17 Sept 2 Oct 11 Oct 9 Oct Mtf/Bm ER*7 17 Sept RAMOAS
      664 words
    • 653 22 GOLDEN LINE GUAM GUM SHPMNG (PTE) ITD 21 tdtt »r« Mrwt sauna iim m u«n« (to ukd STRAITS/PERSIAN GULF SERVICE: s»™ aUWNONKI MnuQUwos IJ/HAm punt! KM Cotowto■ toml«/P*» B*»wi/»<w< 2/3 Sm« CHWA OCEAN SHPfMG CO., PEKING THE PEOPLE'S REPUBLIC OF CMNA •»H tmm 1/1 2/1 22/1 23/1 an 23/1 l/»
      653 words
    • 384 22 INTRASEA (PTE) LTD 10. Anson Road »27 16 Internationa P'ai* Singapore 0207 Tel 22-IbSI 1 1( 1 L nes BREAKBULK SERVICE TO EUROPE/UK P PHIL ITRON SHIPPING AGENCIES PTE LTD TFI ??38f>22 (8 IINES| TEI t X RS ?8720 PHILI ■rnxMUT ra' 11/1 u/t an vi. u/» FM-tAST PORT K9
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  • Page 23 Advertisements
    • 648 23 NOL i NEPTUNE ORIENT LINES LTD S par. NEPTUNE WEMCK PTE. LTD FIOI/ttST IP4/M id w*r. imm cn mama zmtv 27«57m *****42 *****77 »1*22 "***** «"KT«n "***** Far nrt tr«|M a#ln, pfcm cM *****44 M*. NEPIfK SOU WD. 34M487/34IRS4S/348RSS3/*****24 R Immm ICPIM SOt BHD 24*771/*****34/*****35 Penan, NEPLME SON. MB. 4155M/*****5/*****4/*****1/*****2
      648 words
    • 373 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON ki Pwt 14/t 19/1 25/1 30/1 5/1 16/9 20/9 »/9 0/1 No 7 tenon, MM Eastern Gkrr/CM (Ha*) No 9 Daian/MtN Hi DMM/W7H Entail Irfa/MS (W) Hi. I Dm/MSI Hi. 7 DMM/H7H Hi OWM/M7H Hi Dmb/MH
      373 words
    • 606 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDtfIG 55, Market Street Sinfapore 0104 Tel: *****33 (15 Urns) Ti Cable Address SINSOV SMGAPORE Tetei Numbers RS ***** IB ***** RS ***** P KELANG M/S SHAMMT WAN SOON SOU BHD. IST AND 2ND FLOOR. NO 1. MIAN CEMPENHG. PORT KLANG MALAYSIA
      606 words
    • 43 23 MH n/i »/i z/» amy l« ILV. S« tap* VJA bt Wtf 15/t/* at G* KM tea M In. Ttan bt m hritar anay all«r Ml Ml SMBUSMM MEBMR ft HT.Y. TFTO CO. PTL LIP. 143. Cid iM. #U-M M*< 22M22 <2 I
      43 words

  • Page 24 Advertisements
    • 409 24 I REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) WS3EL iwirann r "-'i *y ~m SMGAfORE IWFri 114-15/1 SEA WAGON |rm ii at/il titi-. JL i I |EJ C—lMl E3301 i i n Sat/Sw 123-24/S 24-24/1 28-27/1 Sat/Sw 30-31/1 31-31/1 2-3/5 TWM 4-5/9 rr^ E23 rro m rr^ THAILAND I
      409 words
  • Page 24 Miscellaneous
    • 163 24 Regional Weather i Vd *7 *k W 4 > Of il m II SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. XW*id direction with speed in knots Wave height LEGEND PTL Temperature c unders orm Weather W*>d direction with speed m knots Shower Rom Wave height Cloudy Sky
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  • Page 25 Advertisements
    • 145 25 ETA CNOLAM 12/1 TRANS OK lfi/l A¥A MMT 1 22/1 I I SPORE/CALCUTTA SPORE/HMDRAS/TUTICORM BUTUiI/IMntAS/CALCUTTA GENERAL MTERNAVE AGENCB PIE LID AGENTS: #22-09 MTDMATKMAL PLAZA SPORE 0207 TIL: *****00 TLX: ***** LEOSHP STORE 2425Q88/*****56/*****41/*****93 *****11/4 TERMHM. 36SS3S1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22tSSt/*****1/222t35 *****22 ii".r Timj II'J'TTTTTTM j 11 "j/* 11 "if'-a m IMI
      145 words
    • 190 25 TTTTT TEL: 229tt11 (S URMI tbc RS 2*402 HWIC ACCEPTMQ LCL TO CMTTAQOMQ PTE LTD 2M02 HWICO *HOfWG LEE-HL4 •HYE SIAN6-HNI2 Centaurs (FCL, LCL t SOC) -50 Tm imvjW ml* TFS l>\e !h/TFPNATIONAL TRANSOCEAN (Ml SDN. BHD Out. >r ul fir ifMCV f Vn.inq TM MOU> t-'. ma.: 'i'ii f
      190 words
    • 166 25 PAKISTAN NATIONAL SHPPtNG wmn KARACHI REGULAR CONVENTIONAL/CONTAfO SfItVICE IfMfESIA/KARACH-DUBAMMANAAI VSL SURA TJWOK PTK PAL BELA OHRMA2D In Nrt 15-11/1 17-11/1 23-24/1 25-27/1 SHALAMAR 22-24/9 25-27/9 2S-30/9 1-3/1# 44/10 Loadmt lor K»»dihW>»-Dam«um-S»arj*i. (Mm M* t charpnc porh subject nducement Far enquiries/ beoknp ph coniKt: P.T. BUMI LAUT INTERNATIONAL, JAKARTA MARKETING DtrT
      166 words
    • 449 25 T\-\ v-> CN C LINES Ge n era Agents CONTINENTAL FEEDERS PTE LTD Tel: *****51 Tertvral *****16 LCL/FCL TO A sS West, East ft Gulf Ports Abo accepts LCL/FCL to other destns. SKUNK 18. *****11 (12 IMS) rotT mm ra. 7t3sio7/i KMNE m 3UM7/3MCM m KM P. T. WASESA im
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  • Page 26 Advertisements
    • 344 26 ittti 22/1. 4/5 i FINE-LINES SNPPNM (S) PTI LTD TEL: 274M52, *****82, *****82 TLX: R*****1 FUNER ACCEPTING FCL, LCL C mdole east service 15/8. lt/l DUBAI, BAMUUN, MUSCAT. DOHA, DAAMAN, 25/1, 29/1 KUWAIT AMI DNAH HONGKONG/CNNA SERVICE 4(/t, 24/8. 31/1 JQNGAHG, BEUNG, TMfUN, SHEKOU, SHANGHAI, GUANGZHOU. MMMPOA 19/8, 2C/8 BANGKOK
      344 words
    • 305 26 HEAP SENG mm I SNifgC PTE LTD •001 BCACM HOAD #1»-01 m SM Mte iikm aimi a* ami* i/>«5 m*l tlfltVf ITtfanwfl 8 0 P T UNITFO SHIPPING ORGANISfITIOH LTD JAKARTA FAST MECT REGULAR SERVICES 10 MDONESMM n*TS JAKARTA/ SURABAYA/ OOOH/ SEMAftANG/UTAIOANG/ PALEMMNG/ PADANG/ BALHPAPAN/ SAMARfOA/ PONTMNAK VS. ITA CIO
      305 words
    • 478 26 C.Y. LINE (A Member Of The ACE Coneortkim) CHO YANG SHIPPING CO. LTD FUIY CONTMOBCD SflfflCt TO EUROH (VIA SUEZ) am* cam tm onw CHEF IN ami* jot ST vn in u/i rihnw Mm Mm Mtaf tmm Mm in 1/1 11/t u/< h/I u/t is/i i*/i i7/i »/i n/i tin
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    • 586 26 Everett Lines COMPAMA PERUANA OC VAPOREES (Cf.V.) "PERUVIAN STATE UNE" p lM*« to Cjbo MXj>m to awl ofl* fmwmm «wti wtt tnM»»«i't KM*. M Or CfV Thr«a|h Ms o( La*n( to tout festartM A Hmc r Mmt »W" 4 MMAVEKKTT 6*127/14 r A nawrHTT *•/»y HUOCWMTT V* *P 5 "EVERETT
      586 words
    • 130 26 ZIM iflI 1 Si ~m< —r VjT ZMEUT i m ai arm tut u/i u/» 1 iv» n/» w% imm y% nn ut% i/m vm v* v* faiitavw^MmPMLkalOMlidlMMMik Lu 1 3 i U I I LO I 1.1 I I I GOLD STAR LINE m 111 *i if.' ,P5" ii'.
      130 words