The Business Times, 14 August 1986
1986-08-14
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The Business Times
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Title Section12 1986-08-14 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, AUGUST 14, 1986 75 CENTS12 words
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299 1986-08-14 1 Reuter, UPI AUSTRALIA has angrily attacked the United States for selling cut-price sugar to China and warned that its military alliance with Washington might stand or fall on the issue of subsidised trade. Australia has already formally protested against proposed US salesReuter,; UPI - 299 words
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Article58 1986-08-14 1 AP INDONESIAN Foreign Minister Mochtar Kusumaatmadja arrived in Singapore yesterday (or a three-day visit. He said he would discuss the situation in p«mhn«Ha with Fa«ign Affairs Minister S Dhanabalan. Prince Sihanouk recently visited Singapore where he urged Asean to help end the battle between the resistance and VietnamAP - 58 words
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Article, Illustration529 1986-08-14 1 CHAN OI CHEE - Indications that big-time funds are in play By CHAN OI CHEE BUYING FEVER swept through the Singapore stock exchange yesterday, sending share prices, particularly local blue chips, sharply higher in very active trading. Investors seemed convinced that the market has enough steam529 words
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389 1986-08-14 1 UPI BANK OF JAPAN governor Satoshi Sumita has tried to dispel growing doubts about whether the sharp rise of the yen would cut the country's massive trade surplus, saying the effects will be felt in the next few months. TheUPI - 389 words
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151 1986-08-14 1 AP THE SOVIET UNION will participate in a bond underwriting venture for the first time in international capital markets later this month, a spokesman of Daiwa Securities Co has said in Tokyo. The Bank for Foreign Trade of the USSR will be part of anAP - 151 words
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Article104 1986-08-14 1 AFP IN A MAJOR STEP in its space programme, Japan's National Space Development Agency (Nasda) has made the first successful launching of its H-l rocket, which is partly powered by liquid oxygen and hydrogen. The rocket lifted off from the southern island of Tanegashima on Tuesday, andAFP - 104 words
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535 1986-08-14 1 LISA LEE - By LISA LEE ABOUT TWO in three computer software packages for microcomputers sold in the local market are supplied by software pirates, a leading UK software distributor in Singapore has claimed. Mr W Grant Ingham, managing director of Computer Aid, said that while hardware sales535 words
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Article, Illustration494 1986-08-14 1 RAY HEATH - By RAY HEATH, Anocirti Editor WITH THE ADJOURNED trial of Tan Koon Swan scheduled to start this morning, the Malaysian businessman is facing court action across the Causeway. Next week, he will figure in a civil case brought to establish his obligation to494 words
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Page 1 Advertisements
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Advertisement175 1986-08-14 1 Ultra. It'll change the way you play. v v MOUSE T«k *****55 Hock Lock Siow gauges the market, Pago 15 Earlier rapoct. Page 4 Get the most competitive rates on fixed deposits and savings accounts at UMBC FIXED DEPOSITS 1 month (minimum $5,000) 3 months 6 months be WA'IJZLu 4175 words
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Advertisement244 1986-08-14 1 mm SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTER TV RADIO OUR VIEW BANK NEGARA OF MALAYSIA has acted decisively in freezing the assets of 23 cooperatives. But time is not on its side. It has to clear up the uncertainty which would otherwise hove a debilitating effect on the country's244 words
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Advertisement105 1986-08-14 1 Mails, Pag* 13 Asian stocks, Paga 11 Intl stocks, Paga 10 )r SWBSsSB??-; >, For only $25 we'll reserve one of these seats for you. For just $25 more than the economy fare, experience our excellent new Business Class on the Ultimate 757 to Bandar Seri Begawan. Five abreast seating,105 words
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Advertisement8 1986-08-14 1 BEHWD EVERY SONY PRODUCTS SONY Service *****11 ■a8 words
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HOME NEWS
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Article526 1986-08-14 2 BOEY KIT YIN - By BOEY KIT YIN SUGGESTING to the proprietor of a small company that a student could show him how to run his business might seem a good way of causing offence but it is an offer that could be well worth accepting. The services of526 words
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Article92 1986-08-14 2 (Chinese) ra*m o fH£ £ip£- o uranasa****!**» &*M>3!!*>s]*ifc z— m&m&imtßS:: 3*^ *9&*« WStlr 110 fS£;#J#nf§.6°&&i+*!lT' m m n «it *T wt *i 3raif£ #*tanf6jii«# *s£&£i*a*nm «dsiiisiioit fcj £¥K( #w i*' *js*r 3itfttm±%ie ttig #Bf£>lk J*:£.>i^&UfcKB it JW >lk«Fift^fit te&T&iti T• sfi££i+jM *4##&D 100 &»#£#Js£iaA-'h **/3 #£frm*&w&in«frw ¥fi* o &mm ■z&m&m•92 words
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187 1986-08-14 2 SECURITY problems in electronic banking and data communications will be the focus of a three-day conference organised by the Singapore Chapter of the Electronics Data Processing Association (EDPAA). The theme of the conference, which will run from Sep 8 to 10 at the Hyatt187 words
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228 1986-08-14 2 JAIME LYE - By JAIME LYE THE TRADE Development Board will step up its promotions in Canada following a successful exploratory trade mission there in June. The trade mission, led by Mr Peter Chan, Second Permanent Secretary of the Foreign Affairs Ministry, brought into228 words
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470 1986-08-14 2 ANOTHER REVOLUTION in the China could overthrow the eating habits of the one billion Chinese living there. Soybean-based alternative foods are expected gradually to replace unhygienic common foodstuffs low in nutritional value. According to the latest issue of China Trade470 words
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414 1986-08-14 3 SOLDIERS of today are no longer the "ours is not to question why, ours is to do and die" type but are required to think as well. In this respect, the Singapore Armed Forces has made tremendous improvements, with more and more soldiers414 words
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452 1986-08-14 3 ANNA TEO - By ANNA TEO INDUSTRIAL CRIME is on the rise. And, say two security systems dealers, most buildings in Singapore are still too lax with security. From January to May this year, there were 151 housebreaking cases in industrial buildings, or 13.5 per452 words
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Article, Illustration139 1986-08-14 3 THE GOODWOOD Park Hotel has become the first local hotel to be accepted as a member of Preferred Hotels Worldwide. Preferred Hotels Worldwide is an association of independently operated and marketed luxury hotels and resorts. It offers membership by invitation. Incorporated in the US139 words
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193 1986-08-14 3 SAVINGS of nearly $1 million were reported by 45 quality control circles (QCCs), mainly from the manufacturing sector, which took part in the July national QCC convention. Total annual savings chalked up by the 34 circles from the manufacturing sector amounted193 words
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Article112 1986-08-14 3 THE GOVERNMENT is acquiring 28,428.8 square metres more of private land under the Land Acquisitions Act, according to the latest Government Gazette. The land, in 49 parcels, is located in the districts of Singapore Town, Tanglin, Ulu Pandan, Sembawang, Bukit Timah, Toa Payoh, Ang Mo Kio, Seranggong Paya112 words
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Article69 1986-08-14 3 THE NEW Yugoslav ambassador to Singapore, Dr Djordje Jakovljevic, presented his credentials to President Wee Kim Wee yesterday morning. Dr Jakovljevic of the Socialist Federal Republic of Yugoslavia is Englishspeaking and resides in Jarkarta. He previously served on the executive board of the World Health Organisation (WHO)69 words
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Article, Illustration480 1986-08-14 3 LOH HUI YIN - 1 i jiw, nil i NATIONAL DAY OBSERVANCE CEREMONIES By LOH HUI YIN SINGAPOREANS must be prepared to put up with temporary dislocation for stints overseas if the Republic is to carve a niche in the export of services. The need to change480 words
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Article, Illustration407 1986-08-14 3 THERE IS A REAL need for those involved in industrial relations to review their expectations and philosophy, said Mr Yatiman Yusof, Parliamentary Secretary (Foreign Affairs) yesterday. Speaking at the National Day Observance ceremony at Hitachi Zosen Robin Dockyard Pte Ltd, Mr Yatiman said: "The407 words
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Page 2 Advertisements
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Advertisement161 1986-08-14 2 THE VIEW SINGAPORE The most breathtaking views in Asia, from the West in Stamford, the tallest hotel in the world. Plus the widest selection of restaurants anywhere in Singapore. Six superb tennis courts and tour air-conditioned squash courts. Two swimming pools, plus a comprehensive health and fitness centre. Luxuriously appointed161 words
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Advertisement18 1986-08-14 2 M*V «i Mb* fr Sorting out the signals including views about world trends and events ON SALE NOW18 words
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Advertisement76 1986-08-14 2 Welcome Aboard AEROFLOT mMM ■ralsw. kf Jk y < v > rii r«:#» V jrfriP Fast—Economical Flights To DELHI Weekly Mondays Wednesdays MOSCOW NONSTOP All Capitate of EUROPE Weekly Mondays, Wednesdays Fridays For mora details, contact our travel agents or AEROFLOT ~sc S>orvict airfm^s--55 Market Street, #01-00. Sinsov Building. Singapore76 words
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Page 3 Advertisements
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Advertisement233 1986-08-14 3 1 J n K Never before has there been such an investment opportunity in real estate. Only eleven residences. Each with a distinct architectural variation. The land title is freehold. ,r Situated in Dalvey Estate, adjacent to Nassim Road. The properties are of two and three storeys. With a built-up233 words
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Advertisement185 1986-08-14 3 IBS offers a full range of banking services to meet your needs Executive Lodns a flexible loan programme which can turn your plans into reality HOUSinQ Loans a loan programme that makes it easier for you to own a home MI Accou nt the fixed deposit scheme with monthly returns185 words
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ASIA-PACIFIC
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Article, Illustration687 1986-08-14 4 Putting political future on the line Reuter AUSTRALIAN Prime Minister Bob Hawke, his popularity tumbling as he fights to avert recession, faces his stiff est test next week when his government presents a budget expected to call for harsh austerity. Mr Hawke, whoReuter - 687 words
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105 1986-08-14 4 AP CHINA will make its first experiments with a five-day work week during the 1986-1990 fiveyear economic plan, according to the official China Daily. A 40-hour week would replace the nation's 48-hour work schedule in "certain sectors", the report said yesterday, quoting BiAP - 105 words
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265 1986-08-14 4 Reuter THE US has announced the sale of all its government-held sugar stockpile to China at a low price, a move likely to anger further its key allies such as Australia. Undersecretary of Agriculture Daniel Amstutz said the US would ship 145,850 tonnesReuter - 265 words
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175 1986-08-14 4 AP CHINESE economists have complained that producers of consumer goods have failed to improve the quality of their products in response to consumer demand. The official Xinhua News Agency said on Tuesday that State Statistical Bureau figures indicated that the output of wrist watches,AP - 175 words
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Article, Illustration446 1986-08-14 4 UPI CHRISTCHURCH could lose the big US airbase which services the American Antarctic research programme in retaliation against New Zealand's anti-nuclear policies. Following the US decision to withdraw its security commitment to New Zealand under the Anzus treaty, Prime Minister David LangeUPI - 446 words
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306 1986-08-14 4 AP THE SOVIET UNION'S Pacific fleet has launched a large-scale air and sea exercise in waters north of Japan, according to US Defence Department sources. The manoeuvres apparently involve at least 15 combat surface warships and more than 15 submarines in additionAP - 306 words
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Article394 1986-08-14 4 AFP ON THE OUTSKIRTS of the sprawling tropical capital of Jakarta on any given night of the week, villagers can be found "stuffing, licking and sticking" thousands of envelopes and computerised labels. The reason is that Indonesians are discovering the dubious delights of junk mail.AFP - 394 words
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152 1986-08-14 4 AP A HONGKONG group will go to Beijing on Sunday to hand Chinese officials more than one million signatures of citizens protesting the building of a proposed nuclear power plant near the British colony. A spokesman for the group, Rev FungAP - 152 words
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Article726 1986-08-14 4 ARRIVALS Operator Service Locol From number time SIA SQ105 1105 KUL SIA SQ20I 1145 CGK SIA SQ19I 1155 PEN THAI TG403 1155 BKK OA GA940 1235 MES SIA SQI07 1250 KUL MAS MH682 1255 KCH SIA SQ203 1300 CGK OA GA900 1310 PKU SIA SQI 1335 SFO/HNL/HKG726 words
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Page 4 Advertisements
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Advertisement125 1986-08-14 4 Where can you enjoy two meals for the price of one? 4 m Lf t iV v wise fly our NEW EXTENDED MENU at Meisan Incredible? But it's true! Each time you have lunch or dinner at Meisan, you stand the chance to win a FREE meal, valued at exactly125 words
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Page 4 Miscellaneous
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Miscellaneous31 1986-08-14 4 Doonesbury BY GARRY TRUDEAU WOMEN CAN MAKE DO MTHOUTA LOT OF THINGS, MR. PRESIDENT, BUT MOST OF THEM SiMPU WONT BE PEN/BP A 6AUS BEST FRIEND' i, fc*=S [^T mip jl31 words
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REST OF THE WORLD
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378 1986-08-14 5 Little hope of Pretoria bowing to Western demands AP US MANUFACTURERS have not been aggressive enough to take advantage of a declining US dollar to increase sales abroad, a top official of the industry's major lobbying group has said. Jerry Jasinowski, the executiveAP - 378 words
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336 1986-08-14 5 UPI A NEW REPORT on international education reaffirms what Virginia Governor Gerald Baliles said was a disturbing lack of awareness by Americans about the rest of the world. The report, released on Tuesday, encompassed the findings of the association's advisory council on international education, whichUPI - 336 words
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104 1986-08-14 5 Reuter MOST MAJOR Third World cities could be swamped by rural migrants and expanding slums by the year 2000 unless governments tackle the problem immediately, the International Labour Organisation has said. By the turn of the century, just over 2.1 billion people would beReuter - 104 words
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254 1986-08-14 5 Reuter PERU HAS HELD preliminary talks with 15 private foreign banks on a scheme to repay most of its debt in goods instead of cash. Peruvian Commerce Minister Pedro Menendez Richter said on Tuesday that the arrangement, which had been usedReuter - 254 words
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276 1986-08-14 5 FT FRANCE'S booming pornographic industry is to do its bit for the nation's heritage. Thanks to a surprise move by the rightwing National Front, blue movies and risque magazines will be called upon to help to finance French museums. The Front struckFT - 276 words
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251 1986-08-14 5 UPI A LUST for talk not sex causes women to cheat on their husbands, a study shows. The study supported other research that found the failure by spouses to communicate is a primary cause of marital problems, the Ladies HomeUPI - 251 words
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Article236 1986-08-14 5 AP INTERNATIONAL terrorists carried out attacks last year that claimed 639 lives, up from 349 deaths the year before, according to an Israeli study. Of the 408 incidents reported in 1965, the terrorists were caught or killed in only 49 cases, or about 12 per cent,AP - 236 words
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Article, Illustration605 1986-08-14 5 AFP, Reuter SOUTH AFRICAN President Pieter Botha denounced international criticism of his white minority government, charging that Western countries campaigning against his policies were engaging in "one of the most extreme forms of political fraud of the 20th century". Mr Botha was delivering on Tuesday theAFP,; Reuter - 605 words
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259 1986-08-14 5 Reuter SOUTH AFRICA will continue to meet its foreign debt commitments and strong gold prices will boost its whole economy, according to the country's Reserve Bank governor Gerhard de Kock. His remarks, made in a telephone interview, followed renewed speculation thatReuter - 259 words
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Page 5 Advertisements
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Advertisement118 1986-08-14 5 COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn back on. It means appetising swiss-style veal for dinner. Or beef rendang, teppanyaki,118 words
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Advertisement235 1986-08-14 5 Modern Offices and Shops in a Premier Down-town Location. n n Paradiz Centre IN m V ORCHARD ROAD Paradiz Centre. A 9-storey complex of modern offices and shops in a choice location just minutes to the banking and financial district of Shenton Way and a short walk to Orchard Road235 words
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BANKING AND FINANCE
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426 1986-08-14 6 MBT IN THE WAKE of the tough action taken by Bank Negara last Friday to freeze the assets of 23 deposit-taking cooperatives and those of 136 of their principal officers, rumbles are being heard that the Malaysian central bank might have overreacted. Bankers saidMBT - 426 words
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136 1986-08-14 6 UPI JAPAN will pledge an untied, long-term emergency loan worth US$l billion to Mexico to help ease the country's external debt estimated at U5597.7 billion. Financial sources said on Wednesday the government-fi-nanced export-import bank has been requested by the government of Prime MinisterUPI - 136 words
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307 1986-08-14 6 Reuter WEST GERMAN banking associations defended the Bundesbank's reluctance to bow to US pressure on cutting leading interest rates and predicted no reduction would be announced at the Bundesbank's council meeting today. Bernhard Schramm, the president of the Association ofReuter - 307 words
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Article299 1986-08-14 6 Reuter ARGENTINA, after devaluing the austral by 3.22 per cent on Monday, attempted to smother a resurgence of inflation by increasing interest rates and setting new price ceilings for food. The devaluation ordered by the central bank was the second largest of the 12 carried out sinceReuter - 299 words
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144 1986-08-14 6 Reuter KUWAIT has unveiled a plan to reschedule crippling local debts caused by a stock market crash in 1962 and pledged support (or domestic banks to protect their dealings at home and abroad. The crash of the official bourse and unofficial Souk alManakh stock marketsReuter - 144 words
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396 1986-08-14 6 SOH TIANG KENG - By SOH TIANG KENG, Financial Corraapondant HOUSING LOANS expanded briskly in the year to end June despite the depressed demand for bank credit in most major sectors of the Singapore economy. Latest figures from the government's Economic Survey of Singapore showed that the396 words
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MONEY AND EXCHANGES
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Article574 1986-08-14 6 Reuter SINGAPORE: THE US dollar yesterday weakened further against mo6t major currencies on interbank selling after the Bank of Japan's governor said he was not considering any further easing of Japanese monetary policy, dealers said. The dollar closed weaker at 154.05/15 yen compared with an early 154.45/55 andReuter - 574 words
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Article, Illustration262 1986-08-14 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at easier opening levels in quiet afternoon trading. One month closed at 6-3/8 6-1/4 per cent, three and six months at 6-1/4 61/8 per cent each and one year at 6-3/8 6-1/4 per cent. Mutes the average of the prime tendhn262 words
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Article240 1986-08-14 6 Interbank rotes at 3pm yesterday: Md Oftor c roM parity ch>OQ< Locol dollars to unit of 'ore^r cucrency: US doior 2 1620 ***** 2 8196 -23 32 Sterling pound ***** ***** 7 3469 -56 26 Austroban dollar 1 3296 1 3324 ***** -61 22 NZ dolor 1 0842240 words
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Article63 1986-08-14 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-3/4 per cent yesterday, up 1/4 from Tuesday's close. The term rates remained unchanged across the board. S$ Interbank rates at 7pm yesterday: OHer l<d Over4 1/2 night 4 3/4 1 -month 4 3/8 4 1/4 2-month63 words
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Article504 1986-08-14 6 BA Futures DECEMBER Earadallar yesterday opened marginally unchanged at 93.72 after Tuesday's firm trading session and ranged between 93.71 and 93.74 in early activities. Market activity initially was light and limited to profit-taking and positionsquaring ahead of last night's US retail sales. However, news that the Bank of JapanBA Futures - 504 words
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Article246 1986-08-14 6 HONGKONG: GOLD yesterday closed lower as selling by European commission houses overcame light buying support from local speculators. It finished the day at U*****.60/385.10 per ounce compared with its US close on Tuesday of U*****.40/386.40. On the local market, gold lost HK$lB from its finish here on Tuesday to246 words
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Page 6 Advertisements
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Advertisement167 1986-08-14 6 LMdw, Pag* 8 3© PAN PACIFIC KUALA LUMPUR Celebrate the difference with our Ritzy Package Catch our snazzy package during July and August and start the season off on a grand note. A 30% discount on published room rates. A tropical cocktail to welcome you in style. A tropical fruit167 words
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WORLD BACKGROUND
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574 1986-08-14 7 AFP THAI PRIME MINISTER Prem Tinsulanonda's new government is expected to move towards greater decisiveness in economic and fiscal matters, while overall policy remains unchanged, according to analysts. They said on Tuesday the emphasis would be on such specific areas asAFP - 574 words
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879 1986-08-14 7 NYT ONE BY ONE, carrying simple wooden bowls and chopsticks, they entered the room. First the monks, with their shaved heads and long brown robes, and then the guests, in their denim Jackets and jumpsuits. The abbot slapped together two flat sticks, andNYT - 879 words
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Article, Illustration766 1986-08-14 7 Divestment of 65 government holdings AP FRANCE IS EMBARKING on the biggest auction of state-held companies in its history. To some, it is a way to reinvigorate the economy; to others, it is like pawning the crown Jewels. A plan launched by conservative Premier JacquesAP - 766 words
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Article, Illustration706 1986-08-14 7 AP SOUTH KOREA is tense these midsummer days as a two-year clock begins ticking down towards the pageantry of a long awaited Olympics and the promise of long delayed democracy. Major obstacles to political reform remain. Negotiations between the government and opposition couldAP - 706 words
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Page 7 Advertisements
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Advertisement78 1986-08-14 7 mhrt Choose from wy/ Kampachi s exquisite VcAMPAcfff Japanese Set Lunches Japanese Restaurant The lofty prices and unfamiliar assortment of \apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16++ per set,78 words
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Advertisement121 1986-08-14 7 "Business or pleasure. There are belter reasons to stay at The Regent in Kuala Lumpur or Bangkok." W In Kuala Lumpur or W Bangkok, The Regent i is your hallmark of r excellence and warm personalized service. Standards for which you have always chosen The Regent. For business or pleasure,121 words
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FEATURES
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Article510 1986-08-14 8 WHILE MALAYSIANS await the outcome of Bank Negara's investigation into the running of 23 of the country's 34 cooperatives, there have been grumblings in some quarters that the central bank's action in freezing the assets of the cooperatives and those of some of their510 words
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Article, Illustration1389 1986-08-14 8 BOEY KIT YIN - Spearheading company's effort to boost performance in trying times The new chairman and managing director of Philips Singapore, Bonno H Hylkema, has a tough mission. He tells BOEY KIT YIN the challenges he will lace before he can say mission accomplished. BOEY KIT YIN1,389 words
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519 1986-08-14 8 'Truth in Action' award another recommendation Letter to the Editor Dear Sir, Upon reading the newspaper article (Business Times, June 27, 1966) on the search for a Singaporean for the "Truth in Action" Award, I felt that I would be doing society a disservice if I remained silent on the519 words
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Page 8 Advertisements
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Advertisement212 1986-08-14 8 hint tne fU ci the ri c Fu oLearn from the real experts. ...from the men who orchestrated the success stories of the last decade and built corporate giants like AT T, Sears Roebuck, Westinghouse Electric, etc "VIEWS FROM THE TOP" is a hardback book of how the top men212 words
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Page 8 Miscellaneous
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Miscellaneous665 1986-08-14 8 CRYPTIC PUZZLE ACROSS 1 Drinks for two (6) 7 Overworked work (8) 8 One on a plote? (4) 10 Great swimmers (6) 11 Distribute a feast (6) 14 Very little, we note (3) 16 How an attractive bormaid produces pints (5) 17 All-round players (4) 19 The Spanish chicken out,665 words
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SPORTS
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393 1986-08-14 9 AP THE MAJOR swimming powers will be present in a new complex in Madrid especially constructed for the fifth world swimming, water polo, diving and synchronised swimming championships which began yesterday. The competition, which starts with the figures of the synchronisedAP - 393 words
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140 1986-08-14 9 AFP MONTHS of doubt over the survival of Frenchman Yves Pajot's entry for the America's Cup, which begins off Perth in October, have ended. His 12-metre yacht, which has been ready for a month, was finally launched on Tuesday in St Nazaire, France,AFP - 140 words
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401 1986-08-14 9 UPI CANADIAN HOPES were snuffed out and seeded players lived up to their billing in firstround action on Tuesday at the U*****,000 Canadian Open tennis championships in Toronto. The tournament is also known as the Players International. American Tim Wilkison, the No.UPI - 401 words
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Article, Illustration674 1986-08-14 9 BRIAN MILLER - By BRIAN MILLER THEY'RE KNOCKING the house down at Strikers! But what a glorious baptism for this spankingly-new centre! For the last week, Singapore's top and not-so-top bowlers have been having a ball of a time, mowing down pins in the heart674 words
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404 1986-08-14 9 WALTON MORAIS - By WALTON MORAIS THE REPUBLIC'S women golfers are shaping up for Sunday's battle of the sexes at Tanah Merah in confident fashion after strong showings in two tournaments over the last few days. And if those performances are an indication,404 words
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Article, Illustration478 1986-08-14 9 AP 808 TWAY is a winner and Greg Norman again a runner-up coming into the new US$l million international tournament. That's not the way it would have been in the PGA national championship had they been using the scoring system that will be inAP - 478 words
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495 1986-08-14 9 UPI THE Weltklasse Track and Field meet, nicknamed "The-' Mini-Olympic Games," promises 5 fireworks with an entry list thatreads like a who's who of Sports.,* More than 350 athletes from 41 countries, including 15 cur-,? rent world champions, 19 pastUPI - 495 words
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Page 9 Miscellaneous
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Miscellaneous1458 1986-08-14 9 THURSDAY FEATURE SPECIAL B.H.E. 10.30pm, Channel 5 S.H.E is a female whacking machine, specifically a Security Hazards Expert named Lavinia Kean (Cornelia Sharpe, left). Single-handedly (no other way will do) she upstages an international crime organisation's diabolical plan for global sabotage. Omar Shariff and Robert Lansing co-star. COSMOPOLITAN THEATRE Fall1,458 words
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INTERNATIONAL STOCKS
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364 1986-08-14 10 FT L'AIR LIQUIDE, the French industrial gases group, plans to acquire Big Three Industries, a leading US industrial gases and energy equipment group, for US$29 a share or US$l.O5 billion in total. The deal marks a major expansion by L'Air Liquide into the USFT - 364 words
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127 1986-08-14 10 Reuter A SPOKESMAN (or Hanson Trust PLC declined to comment on speculation the company was preparing to sell its stake in Bowater Industries PLC and make a bid (or Boots Co PLC. In January, it reported that it had built up its stakeReuter - 127 words
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309 1986-08-14 10 Reuter WALL STREET stocks continued to climb on Tuesday as firmness in the bond market and a surge of futures-related buy programmes boosted the broad market. Both the bond market and stock market found significant support from speculation about a future round of discountReuter - 309 words
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200 1986-08-14 10 Reuter LONRHO PLC said a group of US investors had raised their combined stake in the company to just over 9 per cent, at 24.27 million shares from 20.75 million held in June. The affiliated New York investment houses Mutual Shares Corp now heldReuter - 200 words
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Article144 1986-08-14 10 AUG 12 a knp Oi Q A 40* 17* Abttfci 22* kit Pro* Pipe Iu kit) 3»* 17* 11 AJcon Algomo 43 MM Karr Addfcon 16* 12* Bar* Novo Scotia ISM M Mc Bkxtt 37* Bark Of Manlrad 32* 38 Moteon A 27* 34* inch 28* unch 18* Broscan144 words
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Article655 1986-08-14 10 AUG 12 US* Aicon Aiumn 30* Alcoa 36* ABag M 17* AJkd Sag Aftad Storas 40* -9* 50* 4-1* AfcOnkm 3* Am Brandt he 93* Am Con Co BB Am Cyonomid B3 1 Am Bac Pwr 29* Am Eiipci Am Horn* Prod *3 1* 92* 1* Am Motors655 words
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Article842 1986-08-14 10 Amsterdam AUG 12 Fb ABM A33 00 .1 Atgon 107 00 .«♦> Ahold 9840 04 Akzo 162 60 0 3 Akanta ***** ♦01 AMEV (130 ♦0.5 Amro Bank 109 80 unch Au Stod 127 80 28 Barkal 37 90 0.4 ***** unch Buahrman T«tt< •rod* ***** 1 Catv«842 words
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Page 10 Advertisements
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Advertisement646 1986-08-14 10 (i Wftere to Kflae, ilae «Ai«M raciG DM Ov. Li Jl CM ifcg. M toya* O ■■111 Hu» Stwng Hm. QM Tang. Neny* Kaatfi. I UMuumndalf|<wiiiMi V Price:sl3.so (Adult) $10.50 (Chid) Ist- 15th AUGUST 1986 10 Eu Tong sen Street Singapore 0105 Tel: 553 3888 TIEN COURT For a whole646 words
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Advertisement176 1986-08-14 10 London stocks on Pago 15 I Managed by Pnnct HtXcli Japan Continuing thr Prince Hotel* tradition of friendly terrier 270 Orchard Raid, Singapore 0923 Tete* RS ***** HCROWN Cable: CROWNHOTEL Fax *****18 Tel: *****11 Diary of Food Events! ©kurumaYa q! JAPANESE RESTAURANT JTW Authwittc JIpOTII BTMkft We serve atradtoonal mi176 words
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ASIAN STOCKS
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Article362 1986-08-14 11 HONGKONG: Share prices yesterday closed slightly higher, buoyed by a late round of bargain hunting after a day of seesaw trading. The Hongkong Index increased 2.33 to 1,191.86. The Hang Seng Index finished the day 3.02 points higher at 1,908.02 after a firm opening and a late morning loss362 words
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Article265 1986-08-14 11 AUG 19 AJ Sincere lndu» A*a Cement Cathay Cora Chang Hwa Bank m 1 86 23 30 3080 40 10 unch -0.3 -02 -0.5 -03 -02 -0.1 -04 -05 Kuochan Dev Lm Chang Yuan Cham kidus Lien Hwa Mut Non Yo Pla* Nat Investment Trust 21 80 29 20265 words
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Article374 1986-08-14 11 TOKYO: Active buying yesterday spread through nearly all sectors of the stock market for the second straight session, spurred by Wall Street's continued rally and expectations of lower interest rates. The 225-share market average surged 206.07 to close at 18,000.76, after Tuesday's 315.58-advance, the second largest on record. Buyers374 words
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Article72 1986-08-14 11 AUG 13 Acoi* Miring fmm ***** ***** Mor»»««< Onarrtai B Phi OvtrtMi PMta B 0012 0.015 0.26 •000) unch 0 014 -0 001 Picop B PLOT II -2 175 44 0 0012 UKh San A*gu«i B A7 Bouc P«trotaum 0 0048 unch 0 0QR5 urv+i 90 -5 13 vicii72 words
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Article355 1986-08-14 11 SYDNEY: Australian shares yesterday closed firmer in patchy trading with support for BHP and quality industrial stocks offsetting a weaker mining sector. At the close, the All Ordinaries Index was up 11.0 to 1,160.2, the All Industrials Index was up 12.3 to 1,828.3 and the All Resources Index was355 words
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Article87 1986-08-14 11 AUG 13 Chad Sugar W« 1930 40 Kanowon Ind Kjo Motor Koton bid 1150 1949 2390 -5 4 4 54 Docfcm fed MS 1565 mch -5 Koroo Long Term Lucky Ltd 1565 1593 5 -7 Docwoo Htovy 1435 no 13 ■f 10 Oriental Brewery Poci+k Chmeet 1420 1339 2387 words
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Article133 1986-08-14 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.34 to 142.10. Turnover amounted to 369,941 shares valued at 64.2 million baht. AUG 13 1 Ao Khom Thai MM* Sam Camant Sum Cjtaank Sam Onm 577 MAP 1 1 Ayudhyo krw«>tmant Bor»gkok Doog* ofc, nor* Bark Of AyudhyoReuter - 133 words
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Article53 1986-08-14 11 UPI BAUSCH and Lomb Inc has set up a joint venture with a Chinese company to make and sell contact lenses and solutions in China. The Beijing Contact Lenses Ltd is expected to begin production in the first quarter of next year with sales beginning theUPI - 53 words
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403 1986-08-14 11 Reuter JARDINE MATHESON Holdings plans to retain its controlling 35 per cent interest in Hongkong Land Co as a strategic long-term investment, according to its chairman, Mr Simon Keswick. But Mr Keswick, who is also the chairman of HK Land, saidReuter - 403 words
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Article136 1986-08-14 11 AP CHINA'S national airline, which already flies to 21 countries, says it hopes to expand at a 14.5 per cent annual rate for the rest of the decade and to double its passenger load to 16 million people a year. Wang Dao, the deputy planningAP - 136 words
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Page 11 Advertisements
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Advertisement530 1986-08-14 11 V, Wi»erts to wine, <iim and entertain Wk Start of A New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine is530 words
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Advertisement129 1986-08-14 11 HOT DISCO COUNTRY SENTIMENTAL POP •ROCK* and you name it!! X&dy Wong Singapore's very own Slim Whitnam with country favourites and oldies. Happy Hours: 5-7pm Buy one get one free (except premium brands) 19Caimhill Circle. S p0re0922 Tel: *****22 Eat all that you want! Delicious, amazing variety of DianXin ONLY129 words
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RAW MATERIALS
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Article220 1986-08-14 12 MALAYSIAN crude palm oil yesterday closed with extended losses on further selling in line with weakness in palm oil futures and lower overnight Chicago soyoil futures. However, late short covering ahead of India's weekly vegetable oil import tender today lifted prices slightly above the day's lows, dealers said.220 words
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Article204 1986-08-14 12 Reuter WHEAT FUTURES on Tuesday closed 4-1/4 to 1/2 cents a bushel lower after a dull session on the Chicago Board of Trade. Trade discouragement that the USDA did not increase its wheat subsidy offer to the Soviet Union last week depressed prices. Some traders believe USDA must increaseReuter - 204 words
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Article95 1986-08-14 12 OIL PRODUCTS FAR EAST crudes were barely talked. As traders waited for further news on damage to Iran's Sirri Island terminal following Tuesday night's Iraqi air attack. News of the attack helped firm Singapore fuel oil prices as major oil companies came out to cover commitments. Closing prices for crude95 words
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Article199 1986-08-14 12 Reuter SOYBEAN FUTURES on Tuesday closed lower in subdued trading on the Chicago Board of Trade, ending down 3/4 to 3-1/4 cents a bushel. Evening up before Tuesday's USDA crop report, which will estimate US 1986/87 soybean output, depressed prices, they said. Traders are expecting USDa to project aReuter - 199 words
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Article151 1986-08-14 12 Chinese Product Exchange Setters' noon dosing pricos on Aug 13 (SJ/100 kg). Coconut oil Be*. FOB 43 00 Otd drum FOB 56 00 Now drum FOB 60 00 Copra Mixed (loose) 21 buyers Pepper Mont ok White FOB NLW 1172 50 Sarawak White FOB foq NLW 1157 50151 words
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Article258 1986-08-14 12 Reuter SINGAPORE THE MARKET yesterday closed slightly lower with September One RSS buyers quoted at 177.50 cents per kilo, down 0.50 cent from Tuesday, dealers said. The morning session lost 0.50 cent on profit-tak-ing and some speculative selling in quiet trading. Prices were little changed in light afternoon tradingReuter - 258 words
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Article64 1986-08-14 12 Bangkok Broken Rice 130 (USS/tMM*. FOB) A-l Super A-l Special 127 White Rice C-l Speool C-l Ord urxj unq 100% 1st ckrss 100% 2nd ckiss 230 Loonzoin Rice 100% 3rd class 225 100% 1st grade 100% 2nd grade 22? 5% 215 100% 3rd grade unq 10% 210 15% 20564 words
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Article84 1986-08-14 12 THE KUALA LUMPUR tia market, KLTM, price yesterday clesed at Mf14.1l per Idle, mm eeat higher thaa Tuesday's elese. Tradlag re mala ed with little price mevemeat aad laeh of itnig overseas sappert, particularly (ram Barepe. Aa uehaaged epealag af M$l4.H attracted Mghcr Mddlag iaterest «I K teaaes,84 words
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Article388 1986-08-14 12 RAS prices in S cents/kg, FOB m b ales NOON CLOSE Buyer* Seders Buyers Seders Int 1 RSS Prompt ***** I79 00N 177 50 I78 50N Int 1 RSS Sept 86 178 00 178 50 177 50 178 00 Int 1 RSS Oct 86 ***** 178 50388 words
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Article100 1986-08-14 12 (c*ntt/kg, 1-ton p olUn) scrr 86 OCT 86 (current month) (forward month) NOON NOON RAS Bvyeft StIUn 5 titan SSR 20 160 00 I62 00N 160 50 162.SON SSR 50 157.00 159.00N 157.50 159.SON MRELB |ut n SelWri luy4u Silin SMR CV 238 00 240 00N 239.00100 words
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Article1031 1986-08-14 12 Reuter COFFEE EARLY LIMIT falls in New York further depressed robusta futures in London on Tuesday, which closed sharply lower, down £90 to £73 a tonne from Monday. Trading was relatively quiet for most of the day, which also tended to exaggerate price movements. Tuesday's volume totalled 4,036Reuter - 1,031 words
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Page 12 Advertisements
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Advertisement235 1986-08-14 12 X, -V >■ r X"V' 'V v S: <;y J:,:.. v Z A '-A:4^ 1* i m iwi t %,M- <?■ J-i 4i 4 V*~w v' «<> A V "-4 i ,V< mm T- > is *< > IPLICA multi-pli-co-tion /.mAltipli'kei/h/ n The process of becoming substantially greater in number235 words
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SHARE INFORMATION
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Article, Illustration4098 1986-08-14 13 "IT'S CRAZY," was how two dealers described the Singapore stock market's run-up yesterday which saw recent favourite blue chips advancing strongly for the third consecutive session this week. The sharp rally had defied general expectation of a mild consolidation in share prices. Major market4,098 words
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Article242 1986-08-14 13 SINGAPORE mm diem Rises VI IT COWMHI AM 12 652.58 Am IS «TL*4 Kaotacky Sfon 279 Spec* Laad *50 D 8 S 770 U taojat $1.50 335 G«M Ctm 229 O C C 755 ,CS Eh Yob Sana 182 SIS 215 OUI 240 Str.it. Trodng 3U Nat242 words
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Article3963 1986-08-14 13 BID and offer price» officially listed and hniliw in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown la brackets in lots of 1,000 units unless otherwise specified. AD Time Settlement Contracts are quoted after the word "SETT".3,963 words
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464 1986-08-14 14 SINGAPORE-BASED stocks came Into the limelight once again and buying interest spilled over to Malaysian speculative counters at the Kuala Lumpur stock market yesterday. The buying interest helped share prices to close moderately higher across the board. Many situational counters recorded double-digit464 words
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Article2257 1986-08-14 14 BID and offer prices officially luted and business In and reported to the Kuala Lumpur Stock Exchan<e yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTRMLS A|Miomoto (3065) Alcom (696) (3) 69 (3) 69' AISB2,257 words
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Article218 1986-08-14 14 Baldt Sembawaag Estates Limited: 20th AGM at 19th' Floor, OCBC Centre, Chulia Street, Singapore 0104, tomorrow at noon. Iateraattaaal Trast A FV asarr limited: 18th AGM at the Conference Room, Ong A Co Pte Ltd, 76 Shenton Way, #18-00, Ong Building, Singapore 0207, tomorrow at noon. Teagkak Haldlags218 words
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Page 13 Advertisements
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Advertisement10 1986-08-14 13 KL market report, Business done on the KLSE, Page 1410 words
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Page 14 Advertisements
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Advertisement1115 1986-08-14 14 European Asian Bank Cash in hand Bgtonces with the Deutsche Bundesbank Balances with foreign Central Banks Balances on postal giro accounts Cheques on other banks, matured bonds, riterest and drvidend coupons, ond items received for coSection Bdh discounted fKkxtnQ: a) rediscountabie at the Deutsche Bundesbank DM 45,070,811 b) own drawings1,115 words
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COMPANY NEWS
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Article559 1986-08-14 15 iu mm»»« By HOCK LOCK SIEW THE STRONG RALLY by Singapore stocks yesterday came on the back of good news on the local economic and corporate fronts, which overshadowed the continued problems faced by the Malaysian government and its commoditybased economy. In spite of theBy HOCK LOCK SIEW - 559 words
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204 1986-08-14 15 THE SLOWDOWN in the hotel industry has taken its toll on Hotel Negara Ltd, a company which is 45 per cent owned by the Overseas Union Bank group. For the first six months to end-June 1966, Hotel Negara was in the red to the204 words
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181 1986-08-14 15 THE JACK CHIA-MPH group has failed to place 8.38 million shares in Jack Chia (Australia) Ltd (JCAL). JC-MPH said yesterday the party with whom the JCAL shares were to have been placed had not been able to take up the placement.181 words
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Article864 1986-08-14 15 EQUITY PRICES in London opened higher yesterday, boosted by speculation that there might be an internationally coordinated round of interest rate cuts in coming weeks. Wall Street's continuing sharply higher trend encouraged buyers, although some dealers noted the lack of institutional demand. At 11.00 am, the FT 30864 words
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390 1986-08-14 15 UNITED Estate Projects (UEP), the property arm of the Sime Darby group, is making a M 5202.3 million cash call to reduce borrowings. UEP said it is proposing a one-for-one rights issue of convertible cumulative preference shares of *1 each at390 words
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Article, Illustration555 1986-08-14 15 HOMER CHEN - By HOMER CHEN WANNIAN HOLDINGS LTD, which yesterday confirmed that it is facing a winding-up petition from the Central Provident Fund Board, has sold its wholly-owned subsidiary company, Shenzhen Sungang Warehouse Enterprise Ltd (SSWEL).for a token HKJIOO (Ss2B). The buyer is Guan Xin555 words
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Article, Illustration488 1986-08-14 15 MBf FINANCE BHD, the largest finance company in Malaysia, is not at all optimistic about current year prospects, according to chairman Tunku Abdullah ibni Abdul Rahman. The MBf board fears that the recession is likely to deepen in the immediate future because of488 words
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Article107 1986-08-14 15 HONGKONG Hongkong Index Wednesday *****6 Tuesday 1189.53 Week ogo 1175.41 Hang Seng Index Wednesday 1908 02 Tuesday 1905.00 Week ago 1887 83 All Industrials Wednesday 1828 3 Tuesday 1816.0 Week ago 1799.9 NEW YORK Dow Jones Tuesday 1835.49 Monday 1811.16 Week ago 1777.00 TOKYO Nikkei Average Wednesday *****107 words
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Article242 1986-08-14 15 Monog«r»' prices for Aug 14 Singapore Unit Trust Th« Comimrct 0 85 0 91 Th« Sovnrvys Fund 0.76 0.82 S'pore Prog Fund 0 35 0.39 S'pore Sec Fund 0.58 0.63* S'por* Invest Fund 0.58 0.63 S'por* Equrty FltkJ 0 42 0.46 Aaia Unit Trust Mol Invest Fund 1.17242 words
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LATEST RESULTS
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47 1986-08-14 15 Unaudited loss of M 531,147 (or the year ended March 31, 1886, against an audited loss of M 5110,816 in the previous corresponding year. Turnover edged down from M 52.7 million to MJ2.69 million. No other details were announced.47 words
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Article30 1986-08-14 15 A SUBSTANTIAL shareholder of Ctaaa Hap Marine, Interseas Shipping Pte Ltd, has sold a total of 188,00 shares in the company, leaving its stake at 0.074 per cent.30 words
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Page 15 Advertisements
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Advertisement334 1986-08-14 15 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP. ltt AND IN THE MATTES OF ■H i icy J»' TM ENGINEEBB (PRIVATE) LIMITED (la Member*' VataaUry Wtatog Up) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185, that the Final General Meeting of Members of334 words
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Advertisement137 1986-08-14 15 PROPOSAL TO CHANGE NAME OF SHIP We, Chuan Hup Marine Limited, of 1 Benoi Road, Jurong Town, Singapore 2282, hereby give notice that in consequence of the change of ship's name we have applied to the Registrar of Singapore Ships under Section 417 of the Merchant Shipping Act (Chapter 172)137 words
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Advertisement104 1986-08-14 15 Isn't it time you improved your reading level? Send me one year of The Asian Wall Street Journal. The Asian Wall Street Journal can't help you get ahead if others are getting it ahead of you. Just mail the coupon, and get your own Asian Journal delivered for a full104 words
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Article, Illustration724 1986-08-14 16 CHAN OI CHEE - $10m computer operations to be set up in Singapore By CHAN OI CHEE THE SINGAPORE-BASED Ko family, with extensive interests in construction, hotel and com-puter-based activities in China, has teamed up with the Chinese State Council in a $10-million Joint venture here. Kaihin Technology724 words
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Article83 1986-08-14 16 UPI CHINA has welcomed Soviet leader Mikhail Gorbachev's initiative for improved relations between the giant communist rivals, but emphasised that major obstacles to better ties were still far from removed. "The Chinese side sincerely wishes to see an early normalisation of Sino-Soviet relations," ForeignUPI - 83 words
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Article281 1986-08-14 16 ALL BUILDINGS in Singapore are safe from earth tremors like those which resulted from an earthquake in the west coast of Sumatra on Tuesday. This assurance was given by the National Development Ministry yesterday after effects of the tremors were felt in five high-rise buildings on281 words
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199 1986-08-14 16 AFP JAPANESE companies, a decade ago the most enthusiastic investors in Indonesia, have grown reluctant because of stagnant domestic markets, high costs and lack of incentives, a Japanese trade official has said in Jakarta. Hiroshi Oshima, director of the Japan External Trading Organization (JETRO) alsoAFP - 199 words
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Article, Illustration512 1986-08-14 16 ELAINE KOH - By ELAINE KOH A SHARP DROP in sales last year led Yaohan Singapore to incur its first operating loss since starting operations 12 years ago. Accounts of the Japanese supermarket chain, however, showed a profit improvement over 1984 because of nearly $1.7 million512 words
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97 1986-08-14 16 Bernama DR LIM CHONG EU yesterday said he would be reappointed the chief minister of the state of Penang. He told a press conference that the state's new executive council would comprise five members from the United Malays National Organisation, two from GerakanBernama - 97 words
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Article94 1986-08-14 16 Reuter COMEX gold futures yesterday slipped from their early highs, coinciding with a press report from Johannesburg that said senior government officials dismissed fears that South Africa would retaliate against sanctions by cutting metals exports. The pacesetting October delivery was up US$4.2O at US$393 an ounce,Reuter - 94 words
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Article63 1986-08-14 16 Reuter WALL STREET stocks yesterday opened slightly higher as traders determined whether a small increase in July retail sales will effect bonds. Talk of a possible coordinated cut in the discount rate with Germany and Japan was still a bullish factor. The Dow Jones Industrial Average roseReuter - 63 words
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LATE FILE
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Article41 1986-08-14 16 Reuter SOUTH AFRICA yesterday rtimif fi fears that it would retaliate against Western sanctions by cutting off crucial supplies of gold and metals. "There are no such thoughts," a central bank official said in Johannesburg-Reuter - 41 words
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Article36 1986-08-14 16 Reuter THE SRI LANKAN government and moderate Tamil leaders are clow to agreeing on how to end the current separatist war, Information Minister Anandatissa De Alwis said in Colombo yesterday. ReuterReuter - 36 words
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Article47 1986-08-14 16 Reuter ALL 13 Sri f ankans plucked from open boats off Canada's Atlantic coast have been granted permits to stay in Canada for a year in spite of doubts about the account they gave of their voyage, immigration officials said yesterday. ReuterReuter - 47 words
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Article44 1986-08-14 16 Reuter US RETAIL sales rose s fractional 0.1 per cent or US$BB million in July (ram June levels, the US Commerce Department said yesterday. The anticipated gain followed a revised 0.1 per cent fall in sales during Jane. RenterReuter - 44 words
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41 1986-08-14 16 UPI INDIA'S Upper House of Parliament yesterdsy passed a resolution paving the way for the creation of an army-patrolled security belt along the Indo-PakJstan border to prevent Sikh separatists from crossing into Punjab. UPTUPI - 41 words
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Article39 1986-08-14 16 AFP SOUTH KOREAN couumer rights activists marched across downtown Seoul yesterday in a campaign against American cigarettes, the latest target in a rising tide of anti-US sentiment in the traditionally pro-Ameri-can country. AFPAFP - 39 words
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Page 16 Advertisements
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Advertisement408 1986-08-14 16 Attertionallpn and managers: listen to, learn from and question the most famous man in robotics today RDr J Engelberger, the Robotics" delivers the keynote address at Conference, an important regional event for everyone in robotics From August 27-29, update yourself and your company on the latest trends and opportunities in408 words
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Advertisement13 1986-08-14 16 COLLECTION AGENCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06, *****7413 words
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Page 16 Miscellaneous
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Miscellaneous33 1986-08-14 16 fV^TTV MS in the let* morning ond eorty Report for 24 kotirt prior to 7.30pm on Aug 13 ot the oirAtiof idled humidity Hours of sunshine Roinfoll this month Roiny doys this month33 words
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SHIPPING TIMES
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157 1986-08-14 17 Seatrade Week AN END TO state involvement in Philippine shipping appears to be in sight. The Presidential commission on government reorganisation has recommended to President Corazon Aquino the sale of 87 state-owned corporations as part of an International Monetary Fund-prescribed disvestment programme. Among them areSeatrade Week - 157 words
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97 1986-08-14 17 Reuter MITSUBISHI CORP has fixed a bulk carrier, Hua Tong Hal, for 52,000 long tons for heavy grain, soybeans and sorghum, HSS, from the US Gulf to Japan at US$7.BO per long ton for Sept 11-20 delivery, shipping sources said. The freight rateReuter - 97 words
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389 1986-08-14 17 G DURAIRAJ - By G DURAIRAJ THE PROPOSED construction of an additional berth at Port Kelang with general cargo and container handling capability is an alternative to an earlier plan to expend Ms3so million to develop Pulau Lumut. The construction of berth 15 as an389 words
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268 1986-08-14 17 Kingsley Wood - By Kingsley Wood SEVEN MAJOR conferences in Australia's outward trades have told Transport Minister Mr Peter Morris that self-regulation is the key to any successful reform of the nation's existing liner shipping arrangements. They also believe an essential element268 words
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PORTSIDES
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Article110 1986-08-14 17 UPI THE GOVERNMENT of Maldives will confiscate a Taiwanese fishing trawler because the trawlers owners have failed to pay a fine of US$l million. The Maldivian High Commission in Colombo said the Taiwanese trawler Yu Sheng 12 had been taken into custody while it was fishingUPI - 110 words
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Article74 1986-08-14 17 MARINE casualty statistics compiled for Lloyd's underwriters show that settlements by underwriters for vessels declared insurance losses during the first six months of this year total £102.4 million (U*****.5 million) so far. This is £18.9 million less than the first half 1985 figure of £121.2 million.74 words
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Article102 1986-08-14 17 Mr Norman W Wallace, former Principal Surveyor of Japan, has assumed the post of manager, Human Resources Department of the American Bureau of Shipping. This places, for the first time, an experienced field surveyor in charge of the ABS department which has direct dealings with personnel.102 words
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Article1253 1986-08-14 18 FURTHER freight rates gains for grain cargoes out of the US featured an otherwise dull freight market on Tuesday, shipbrokers said. A cargo of light grain was covered from the Gulf to Rotterdam at US$5 and one was arranged from the Mississippi to Lisbon-Ham-burg at $5.15 with previous1,253 words
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462 1986-08-14 18 Reuter A VERY LARGE crude carrier, Captain John G P Livanos, was fixed on Monday from the Middle East Gulf to Japan by a major Japanese oil refiner's shipping subsidiary at worldscale 66.5, an unexpectedly high level, comparedReuter - 462 words
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263 1986-08-14 18 UPI SALVAGE WORKERS carefully raised a sunken freighter loaded with poisonous ash that sank in the North Sea, averting a possible ecological disaster. The 3,600 ton Ola/ sank with its hazardous cargo of fine ash waste from a Danish electric power stationUPI - 263 words
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Article58 1986-08-14 18 Lamport Holt sells last ship LAMPORT HOLT Line Ltd, Liverpool, part of the Blue Star Line, has been left without any owned vessels following the sale of the 1979 built Romney. The 1,850-dwt tweendecker was acquired by Wallem Shipmanagement, Hongkong and renamed the Lairg. Lamport k Holt now operates the58 words
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Article692 1986-08-14 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 ABtrans VII 3 Anro Service IV 2/3 ANL 1 1/2 A PC Line V 4 APL IN 2/3 ASCL III 1 Balt-Canado Line VII 4/5 Bolt-Orient Lme VII 4/5 Bank Line V 5 B8S 1692 words
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145 1986-08-14 18 LEADING CAR carrier operator Nippon Yusen Kaisha has de-' ferred plan to build more of the specialised vessels. It has also 4 planned to scrap two or three vessels over the next three years. Ships on charter will also be handed back after145 words
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Article, Illustration263 1986-08-14 18 AP TWO MANAGERS OF the Great Honor Steel and Iron Works Co, an affiliate company of the Shyeh Sheng Huat Steel and Iron Works Co which purchased the Canari, are under investigation in connection with the disaster in Kaohsiung. Huang Shien-Chih, and ShaoAP - 263 words
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Article176 1986-08-14 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 Line176 words
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189 1986-08-14 19 Bernama THE HONGKONG owner of the log carrier Camway which partly sank at the Sejingkat anchorage limit on the Sarawak river has not responded to the request by the State Marine Department to salvage the wreck. "It has been almo6t a monthBernama - 189 words
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916 1986-08-14 19 Reuter IRAQI AIR strike on Iranian Sirri oil terminal could halt Iranian oil exports (or the next few days and has called into question the whole future of the site for Iran's crude exports. Shipping sources in London and the GulfReuter - 916 words
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148 1986-08-14 19 MIDNIGHT Dec 17 will be the official end of the 1966 navigational season for the St Lawrence Seaway. The date, set by officials of the St Lawrence Seaway Development Corporation and the Seaway Authority of Canada, is the latest deadline to be148 words
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Article227 1986-08-14 19 Argentina July 28 Beunos Aires Waiting time up to 4 days. Australia July 28 Sydney Normal operation. Melbourne Normal operation. Bangladesh July 28 Chalna 5 vessels operating; Chittagong 25 vessels operating. Brazil July 28 Santos Normal operation. Cameroon July 28 Douala Delay due to heavy rain. Chile July227 words
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454 1986-08-14 19 FT THE FRENCH government has decided to postpone for a further three months the deadline annulling a shipping transport agreement with Moscow in an effort to negotiate a new bilateral shipping deal with the Soviet Union. France has been seeking forFT - 454 words
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7375 1986-08-14 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.7,375 words
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Article801 1986-08-14 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Khd Saryon 28AE86 ***** 1800 SinSov F7 0900-1000 W4 B Kemunmg 82N 15.8 86 1000 S'pore Shpg F1 2200-2300 L8 B Angsana 173 15.8 86801 words
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Article1674 1986-08-14 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-i A Top Enterprise* Pit Ltd Some (S). AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Km Shpg (S) Alfred C Toepfer Oceonus Shippm gAgencies (S) Multiport Sdn Bhd (PK).1,674 words
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Article127 1986-08-14 26 ArM/Port Viscoeity Density Water C8T at 50C G/ML at 15C Volume 0/0 Africa/Rod 8m Jeddoh 155/188 0.945/0.982 0.1/3.0 Durban 129/178 0.978/0.991 0.0/0.2 Arabian QuN Ros Tonura 155/180 0.949/0.950 0.2/0.6 Bahrain 121/182 0.965/0.973 0.0/0.1 Europa Rotterdam 51/432 0.935/0.992 0.0/1.4 Hamburg 27/400 0.943/0.990 0.0/1.4 Le Havre 174/458 0.972/0.988127 words
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Article502 1986-08-14 26 AT CONVENTIONAL WHARVES Vessel Barth Agent Arrival Dapartura KEPPEL WHARVES 14.8/0400 Borrenmil K16 Jordine olongside Chooyona K15 Y Fung alongside 14.8/2300 Equator 5 K23 Thong Soon alongside 14.8/0200 G Seiatan-6 K18 Oceon Intl alongside 14.8/1900 Manoloeveretl K21 Everett alongside 14.8/1500 Murrayeverett K27 Everett alongside 14 8/0600 Ned502 words
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Page 17 Advertisements
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Advertisement935 1986-08-14 17 1 I'll! H'! Concise Comprehensive Contemporary El FEDERAL iur OOCL O^Ovbqhs^SMMIJNE STRAITS EUROPE E XPRFSS SERVICE mm amm tarns* (Rm icm/ on) 200 CirtMWil Road #12-05 SuNml. Sappore 0201 TO *****11 TEIIX NO IB ***** CfS OFFKE *****11 Terminal ottc* *****11 KSBU MM MfM MDKB SON. 88 PfTALMG MYA TEL935 words
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Advertisement73 1986-08-14 17 A VERY LARGE crude carrier was fixed on Monday from the Middle East Gulf to Jopan at worldscale 66.5. Pag« II IRAQI AIR strike on Iranian Sirri oil terminal could halt Iranian oil exports for the next few days ond hos colled into question the whole future of the site73 words
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Advertisement498 1986-08-14 17 .11 THE HEART OF THE DRAGON MAERSK LINE FASTEST TRANSIT TO EUR SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS Peneng V#ml Voy \S pore USA. EUROPE. as vrt rm mk ♦SW" Q«| Taaat a 11/t 15* MB crs u/t m MB ISH»pii Clm| ta CT498 words
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Page 18 Advertisements
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Advertisement354 1986-08-14 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South WMt I Pacific North Waat Faadar at Kao I Faadar at Kao ICTfgg im iFTßn™n™nr: nnnnm rrrrr I I iMi.'WBOIPaBPJH EET inmir* nrMLnr^m irTTTV T7Tvn7rw ii j i rr» rv T7IP i:t:m «rir EMM ililm tuiim for USA Ports. 'Portland via Soattto354 words
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Advertisement374 1986-08-14 18 11 Supercarrier Service TO: PANAMA US WC/E «h kCMki tar M dU). 1 Fnn, lUM Stacktan «d ta kp ta L M'. Ctatailii «ta Wta. UMBKJM Anita. Carauo Bndpttnm nta»itait fort of S»a*. lliißn. tapta SI Mk Nnt toft Cartnn. tart frmt*. Hmt A Pet. Pwt i C. HUH "i374 words
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Page 19 Advertisements
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Advertisement683 1986-08-14 19 The Straits Steamship Group STRAITS SHIPPING *>lnQipofi to Sabeh, Sarawak, Brunei Ports and Bangkok i jW, Overseas Containers Limited $>*• PAa| Slaa 19/4 21/1 44/9 27/4 29/9 94/9 94/9 11/9 13/9 21/9 2|/9 2C/9 2*/* KITMO MM 24/9 Abo Accepting Cargo For: Staa HWf rhmnrtai La Ha 44/9 19/9 12/9683 words
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Advertisement643 1986-08-14 19 Franco Belgian Services fSs .1 r I ,-I I r./>. h sru, «i Ih t.<rf r:» I >•'. (MFMBER OF ACE CONSORTIUM) COKTMO SCTVICt TO tOITtMMEAH »vic :i-3. »i; i i'Hi'.v.r:! Cmm Tfintt S>«t 22 M 77 M HW 31 M I* 25 ft* 12 ft* 17 ft* tot 20643 words
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Page 20 Advertisements
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Advertisement274 1986-08-14 20 u Hapag-Lloyd Sp»« fKdamPmanf Ltimiß 11/11 17/11 &*noi Hbwi (dan Buvw A wtrp 13/11 14/11 14/11 14/1217/12— 20/12 FROM N. CONTINENT &UK IMPORTS Agents SEGANI *****66 K. Un*ur *****25/8/1, *****49 *****78 P. K«tM| *****11 *****00 CFS *****50 *****48 Pmi *****7, *****2 *****33 *****3 *****19. international freight forwarders CONSOLIDATION SERVICE WEEKLY274 words
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Advertisement649 1986-08-14 20 FULLY CONTAINERI SEP SERVICE [TO EUROPE VIA SUEZ M<,mbff ot lhf Com Q''**» CMM CONTUO 3CD (MENTAL OKF SM Kfiw arrsrii m FROM EUROPE VIA SUEZ 1 Member ot the Ace Consortium HJII* CONTAINtRIS(D TO FROM NORTH AMtRICA WFSI COAST •ra/Mma *ssa NC3Sf/*tW JSC HCH m/Rn cu SSB Stt/K ROMS649 words
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Advertisement388 1986-08-14 20 gL Hai Sun Hup Co (Pie) Ltd TEL *****06 (20 Lines! TLX RS ***** RS ***** ft fc. 1 \S 11 R\ \K I IM R. I ID STRAITS/JAPAN/STRUTS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I \m INTERMARITIME LTD K. KinM (S* *r■*) Tafc 22ISM takarta (Sab Afarf) Tat388 words
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Advertisement1147 1986-08-14 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) em EMiit lt/t it/i nn 23/1 no clckt to/I m/i n/t no oua 29/9 no uhrmc n/t 1/9 2/9 f*» GOODS 5/9 12/1 n/» M/ 9 no aw© 11/1 is/9 u/9 i«/» no uwi u/i a/i n/> m no best 29/9 s/m1,147 words
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Page 21 Advertisements
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Advertisement889 1986-08-14 21 PACIFIC INTERNATIONAL LINES V\V\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL MAJAPAHIT GOWA KOTA SINGA FAR EAST CONTAINER SERVICE SIN JKT SBY SIN HKG KAO *TCH KEE BUS SaiMd S«l*d 15/8 17/8 21/8 23/8 24/8 25/8 27/8 21/8 23/8 2S/8 28/8 1/9 3/9 4/9 S/9 7/9889 words
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Advertisement757 1986-08-14 21 BEN USE CONTAINERS EXPRESS CONTAVO SERVICE TO UK/CONTKNT EXPRESS CONTAINER SERVICE FROM UK/CONTMNT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENAN6 AND EAST MALAYSIAN PORTS KKJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH PACIFIC ISLANDS RHME MABU V 76/457 IBSEN TAtRANGA V9S NAPtR TRAAftU BLUFF757 words
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Advertisement337 1986-08-14 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYI P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA e P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE I I V4m#4m 20-31/t I 1/11 0/M Irras lUO HQEH n/i 117/w a/11 IDAM'tDMI KMC nn TV* KWI/taw 12/11 AIMM/VDMI KMC 13/11 X/M STOH337 words
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Advertisement318 1986-08-14 21 BOUSTEAD SHIPPING AGENCIES n-W V9SN MYOMA YWA W7W PA6AN VIO2W M-AH VWW V* NORTHBOUW) TO UKC SPORE BURMA FIVE STAR (Burmese National Line) Loadhf for Rangoon Spore 1 P.Ketani M Part/15 11/2* Ami 15/17 A« 29/31 A* 2/4 So* BANK LINE express saacowTAJo: TOAMA MUGN V.l MORAYBANK VIN CLYDEBANK VIM318 words
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Page 22 Advertisements
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Advertisement1099 1986-08-14 22 K CENTRAL AMERICA/CARIBBEAN SEA fhdb m wno va. mt m mm. kok mtamio acapu.co pt qun»i*cum.« siokwocowto ptcdcra mm *13 TWISL 3W 14 It 2 27 lOd 3 Oct 4 Oct 5 Oct 7 Otl *13 m KLS ram trm mma 13 14 taf It 21 21% 8 24% 29%1,099 words
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Advertisement687 1986-08-14 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers PAttom Lintt Vtsstl Sport Mdt Frtu Syd" Aho Acctj ISTtarPfR V 6 14 Au< CHANOOAS V7l 2 St* 17 Sept 76 Sept 74 Stpt Adti Bra CALABAR ¥77 6 Stpt MMOAS *30 17 Sept 7 Oct 11 Oct 9 Oct AM/Bm ESTECLIPttR *7687 words
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Advertisement721 1986-08-14 22 GOLDEN LINE GUM GUM SHPPMG (PTE) LID a. w *rm sirMt SNGtfOK SIM m S34JMI (II IMS) STRAITS/PERSIAN GULF SERVICE: GOUJCH man Cotombo Karachi Ifcu o*bOM Dubai Balwan fmnni KM CoWrto Karachi /DM«/B*n«!Um* S pore P Manj Penary IVW ta| 21/ M CHMA OCEAN SMPPM6 CO.. PEKMG THE PEOPLE'S REPUBLIC721 words
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Advertisement427 1986-08-14 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa P <11* S 0207 Tel 2246*51 1 ilO L"iesi r i'l t j > rro t BREAKBULK SERVICE TO EUROPE/UK PHILITRCN SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI P U/L 11/*. a/I 1V» 19/1 a/I n/s427 words
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Page 23 Advertisements
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Advertisement634 1986-08-14 23 Spn NEPTUNE AGERCIS PTE. LTD. H EU/AOST TPB/SU Tain, rffe, Tmaul CfS MWB 278M77 ?7 »742 271*77 *****?? *****53 «OMKT IMS *****19 27*1 U NEPTUNE ORIENT LINES LTD F« mmtti fr«(M ptiit* cif ******4 Mto, NEPUNE SON. BHD. JWWJ/JMWVJWSU/aBIW K li«*» PCPltf SON. BW. *****71/*****14/*****35 Ptamf WPIN SON BHD. *****8/8200*/8278M/827M1/*****2634 words
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Advertisement349 1986-08-14 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG, PENANG, BUSAN. INCHON Sh*l AUNIS NIPIJNI AGINCHS PII lID Tel *****/7 7/***** (Bootmjs) 777/blO *****77 (Operationsl *****8Z *****84 Termmjll *****50 *****04 (MS) MA.ATSIA AU'NIS TUNAS SFIIA SON BMP Kl Tel 7/40b96 7/40'>97 PK Tel 3689b64 *****70 *****66 PTN Tel349 words
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Advertisement463 1986-08-14 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55. Mwtet Street Sinfapore 0104 Tat *****33 (15 Lines) Temml Office: *****41/2 Cable Address SINSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P. KELANG PENANG M/S SHARMAT NAN SOON SO* B». IST AND 2ND FLOOR. MESSRS HAI THONG463 words
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Advertisement60 1986-08-14 23 SSO MMRJ NO I *77* 18/1 21/1 24/1 KOBE MMtU V.113A 21/1 2/9 Central unty far M.V. Sw Hapt VM ba IhU a> 15/l/K at G* Uf fcaai s*o 1200 In. Tkare aA be na Mhar mmy altar Mi Ma. SHBUSANA MESHH ft N.T.Y. TfTH CO. PTC- LTD, 143. Cad60 words
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Page 24 Advertisements
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Advertisement295 1986-08-14 24 REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) HCE3E22EI SEA WAGON TO SOUTH THAILAND rra rr® m Ksn m n MALACCA STRAITS FEEDER SERVICE IMCC NEEKLT TO rOMNE/KEKLT TO f.KELAHG BlTl iaa ITTII II!!-!! IMLJ TZM HTI IL« E?3i B1 liaj drm i <■ ctfji hb >- r iM ii295 words
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Page 24 Miscellaneous
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Miscellaneous158 1986-08-14 24 ill Regional Weather >-<r; s A. N ll > S3 8 ft m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c CT'" Wind direction with speed in knots Wave height LEGEND* R Thunderstorm Temperature °C ~l |))|n Weather Wind direction with speed in knots Wave height Cloudy158 words
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Page 25 Advertisements
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Advertisement127 1986-08-14 25 10 EUROPE fdDtR MBC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHAMJ LEOSMP SPORE *****88/*****56/*****48/*****93 *****11/4 TDMNAL *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPf m 11 ■iTini 11 "if'-TmnTM nyinnfTi 11 if «imrw rrrataggjillMlllMEZJlglJßigiCg miwitnMinniißnMi^gCTMSi EC imrTM iTTKTTTIf CE^BCJUiIILI ALSO ACCCPTMC FOR: ANTWERP, L.127 words
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Advertisement207 1986-08-14 25 TFS INTERNATIONAL Eta Pan ITS VOY 1* IS/8 TFS VOY 117 22/8 TO HAMBURG Eta Pan Eta I TFS VOY 070 21At Wl Eta Pan Eta I 2S/t 17/t TFS VOY A 47 Eta Pan 19/ a TFS VOY T7B 26/8 TRANSOCEAN (Ml SDN. BHD COLUMBUS LINE REEDEREI GMBH A207 words
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Advertisement258 1986-08-14 25 TRANS-SIBERIAN CONTAINER LINE FCL/1& TO: DJULf A TORGHUNX/KNM./HMtATON/TEHEKJW PENAMG rTJEL/UB STORE CONNECT TO MBTOCMIV 16/8 17/1 19/t R. ZHUKOV ALSO ACCEPTIK VM UOCVSX TO TDEMN. DJULF A. Tl. TW9T WEEKLY SAILING LCL/FCL TO: COLOMBO BBY DUBAI KUWAIT DAMMAN Bookings: Spore: MAC-NELB AGENCIES PTE. LTD. Tel: *****44 (20 Lines) MAC-NELS (MALAYSIA)258 words
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Page 26 Advertisements
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Advertisement94 1986-08-14 26 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD 14j Cct J Strfft ~10 01 (.6 S ivxc olot> TH foit »*■'3rtg lifj Pimj Sd'i BM 'f' 0? *****74 Penjnj MjUtvu Iridf t Ifjmport ltd !rl 04 f>! Pi'* Gioljrf M.iijirwn Srtr Bh(! Id 0/ Ml 140 DIRECT TO94 words
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Advertisement307 1986-08-14 26 C?' „>y Mitsui OS K Lines. Ltd A A a -r A CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK NEDLLOYD MOJI ATLAS MARU ANDES MARU EARNEST VENTURE 26 Aug Port Louis. Reunion 15 Aug Mombasa. Daressalam 5 Sept Mombasa. Daressalam 13 Sept Apape. Port Harcourt. +Warri EARNEST VENTURE 13 Sept P. Noire. Abidjan. Buchanan.307 words
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