The Business Times, 19 August 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, AUGUST 1», 1986 75 CENTS
    12 words
  • 252 1 OUTPUT of companies in Singapore's aviation service and manufacturing industry totalled $767.2 million last year, and investment in the sector is right on course, according to a recently completed Economic Development Board (EDB) survey. The EDB received response from all 28 companies queried. Figures
    252 words
  • 85 1 AP TALKS between Israel and the Soviet Union, the first official contact between the two countries (or 19 years, ended in Helsinki yesterday after only one 90-minute session. Israeli delegation spokesman Ehud Gol said the talks had been "candid and concrete" and "we will be continuing our
    AP  -  85 words
  • 503 1  -  Withdrawals and cut in employer's contribution affect net balances By ALVIN TAY THE ANNUAL GROWTH rate of the Central Provident Fund slowed to around 15 per cent at end-June this year as the April cut in employers' contribution coincided with a rise
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  • 536 1  -  By MANO SABNANI PRIME MINISTER Lee Kuan Yew leaves this morning for a short visit to the Sultanate of Brunei, his sixth in a decade and the second since the country gained independence on Jan 1, 1984. The visit is at
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  • 117 1 Reuter THE THREE communist Indochinese states yesterday called for an early settlement of the Cambodian conflict but stood firm on demands that the Khmer Rouge must be dissolved as a political and military force. In a joint communique issued after a two-day
    Reuter  -  117 words
  • 159 1 Agencies SHARE PRICES in both Tokyo and Hongkong soared further into uncharted territory yesterday, the eight and sixth consecutive day of rises respectively for the two markets. The Japanese Nikkei Average gained another 221.03 yen to close at a record 18,597.44 yen,
    Agencies  -  159 words
  • Article, Illustration
    102 1 SHARE PUCES (tataM ft steady Mtc ftt tke Siagapore steek market yesterday as kM» tars coatinned to lend hvylag snppsrt to aeleetod counters. While same bine-chips saw sabstaatial praflt-taklag, certala flftlTiTr!" stocks and Slngapare la we r- liners made good gatoe la ftettre tradlag. The Straits Times ladastrtal
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  • 301 1 Reuter MALAYSIA'S central bank, Bank Negara, yesterday intervened in the foreign exchange market to prop up the ringgit, bringing the rate to a high of 2.57 to the US dollar. The intervention was to stem continuing heavy speculation that drove the ringgit
    Reuter  -  301 words
  • 611 1  -  By LORETTA McLAUGHLAN IN A SERIES of major share sales, ailing Malaya Tin Printing has reduced to 39.53 per cent its stake in debt-laden Van der Horst, the company it took control of only last October, it was confirmed
    611 words
  • Page 1 Advertisements
    • 36 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM DRESS SMART sj; r \\c K x <■ K N August Special Purchase your favourite Australian apparel now and get a $30 discount voucher valid for the whole month of August.
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    • 236 1 On Pag* 8: Brunei a cloMly-knit country Clom ti— with Republic mm SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROBSWORDS TV ft RADIO BRISTOW DOONESBURY OUR VIEW MR LEE KUAN YEW does not apologise for government intervention in the private lives of Singaporeans because most instances results) in
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    • 0 1
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    • 79 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC Cartier 3 v> O 18 CT GOLD "LOVE" RING AND BRACELET Cartier jewellery is sokJ exclusively in the Cartier jewellery stores and Les Must de Cartier boutiques Each piece is accompanied by a certificate guaranteeing its authenticity kv mu/t* de Cartier boutique SINGAPORE #01-36, Lucky
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  • HOME NEWS
    • 345 2  -  By ANNA TEO THE SINGAPORE arm of American medical care products maker Baxter Travenol Laboratories Inc has beaten some 30 other sister companies worldwide to win the group's "Most Outstanding Performance" award. Getting a fair share of the accolades at Travenol Laboratories Pte Ltd
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    • 173 2 PROBLEMS of the elderly having to deal with confidence tricksters, difficulty maintaining their homes and loneliness will be discussed at the next sitting of Parliament. These issues have been raised in three questions submitted by MP for Paya Lebar Philip Tan Tee Yong. He
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    • 199 2 CARBON FIBRE technology will be one of the main areas of interest for an Economic Development Board team which will be waving the flag for Singapore's aviation support services and products next month at the UK's Farnborough Air Show. The EDB will be
      199 words
    • 407 2  -  The Fourth Circum-Pacific Energy and Mineral Resources Conference By ELAINE KOH THE PROMOTION of services would help Singapore's economy resume its growth path by next year, the Minister of State for Trade and Industry, Dr Lee Boon Yang, said yesterday. Speaking at the opening
      407 words
    • 209 2 THE COLLAPSE in world oil prices may be inhibiting the search for oil, but more new exploration concepts have been promulgated in the last five years than in the past SO years, according to an American oil industry expert. These concepts should lead to the
      209 words
    • 493 2  -  By BRIAN GOMEZ BLOCKAGES being placed in the path of peaceful competition in trade and commerce could lead to "the rekindling of martial spirit, in a reborn determination to compete on the battlefield". This view was expressed yesterday by the head
      493 words
    • 332 2 OIL EXPLORATION in developing countries would have to be maintained in spite of the present glut if the world is to avoid another major oil shock, a World Bank official has suggested. And the World Bank is willing to help, said Mr Eric
      332 words
    • 497 3 Seminars and courses DURATION Aug 25 Aug 25-26 Aug 27-29 Aug 28-29 Aug 28-29 Aug 29 Aug 30 Sep 1 Sep 1-26 Sep 2 Sep 2Oct 28 Sep 4-5 Sep 4-5 TITLE How to Re-Instill Or Increase the Spirit of Entrepreneurship Within an Organisation Planned Press and Public Relations
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    • 498 3  -  By ANNA TEO SINGAPORE will be getting more expert help from Japan and not only in areas of productivity improvement or software technology. Expertise in traffic safety, fire prevention and disaster management will also figure in the next technical aid package
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    • 472 3  -  Master Plan envisages 21pc increase for factories, shops and homes By LISA LEE FACTORIES, shops and homes will take up 21 per cent more land than in 1980 under Singapore's latest Master Plan. According to the Master Plan, land (or residential, shopping and industrial areas will
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    • 312 3 WORKERS' compensation rose 10 per cent last year to $37.97 million. The highest rate of increase was the 84 per cent Jump to $4.74 million paid for temporary disablement. The amount paid for total permanent disablement was 11.03 million, a rise of 35
      312 words
    • 287 3 MORE THAN HALF of Singapore's expressway network has already been completed leaving another 62 km still to be built. The entire expressway network, including interchanges and tunnels, is estimated to cost a total of |800 million with more than half of the
      287 words
    • 327 3 WORKERS IN SMALL SCALE industries are more prone to poor health arising from hazardous working conditions than those in larger establishments. The relatively higher occupational safety and health risks found in small industries are aggravated because, collectively, they employ a large proportion of
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  • Page 2 Advertisements
    • 86 2 THE BUSINESS CARD DINERS CLUB CORPORATE CARD WHAT IT MEANS TO YOU: The Company Greater financial control Reduces cash advances $350,000 worth of travel insurance Limited liability up to $125 Flexible enough to suit your system Improved cash flow Fast free replacement Reduces administration costs Prestige Peace of mind from
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    • 12 2 Uf 1, 1 warning 01 oil pnct war in US, Pag* 5
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  • Page 3 Advertisements
    • 129 3 Our new cargo freighters give you twice the capacity. And loads more convenience. Welcome to the big, new world of Korean Air Cargo. As you can see, we've upgraded our fleet to A3OO and Boeing 747 freighters. A quick glance at the table will show you exactly what this means
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  • ASIA-PACIFIC
    • 651 4 Pledge to cut back on red tape AP CHINA is promising foreign investors that the government will do something about the pricegouging, red tape, lack of funds and legal ambiguities which have made doing business in the .country a risky and frustrating
      AP  -  651 words
    • 518 4 AFP THE HAWKE GOVERNMENT today will hand down a make-or-break budget designed to restore international confidence in Australia's economy and its badly battered dollar, political observers say. The Australian public is braced (or a horror budget after Prime Minister Bob Hawke's weekend warning that
      AFP  -  518 words
    • 190 4 AP TALKS between US and Japanese trade officials trying to renegotiate a bilateral textile agreement have broken down. The chief US negotiator, Mr Charles Carlisle, said the talks reached an impasse last Saturday night, after three days of discussions aimed at limiting
      AP  -  190 words
    • 186 4 UPI CANADIAN Prime Minister Brian Mulroney has ruled out deporting 155 Sri Lankans who invented a tale of being adrift in the North Atlantic for five days in two crowded lifeboats to gain sanctuary in Canada. "We are not in the business of turning
      UPI  -  186 words
    • 443 4 AFP TAIWAN PLANS to halve its trade surplus with the US to US$5 billion a year by opening its markets to US goods and services and revaluing its currency, economic officials said yesterday. The trade gap, which is at the heart of
      AFP  -  443 words
    • 259 4 UPI INDIAN Prime Minister Rajiv Gandhi's government will use new constitutional powers to take control of police, courts and prisons within a security zone it plans to create along the Indo-Pakistan border. The Indian Express on Sunday said the government would introduce the necessary legislation
      UPI  -  259 words
    • 78 4 Reuter NEW ZEALAND will impose further sanctions on South Africa in response to a call for increased pressure on Pretoria from Commonwealth leaders in London earlier this month. Prime Minster David Lange said yesterday the sanctions would include a ban on an unspecified range of agricultural
      Reuter  -  78 words
    • 154 4 AP WITH SURGING exports, South Korea's trade surplus with the US in the first seven months of this year hit a record U553,833 billion, up 73 per cent from the same period of 1985, the economic planning board reported yesterday. South Korean
      AP  -  154 words
    • 121 4 Reuter MORE THAN 300 sacked workers who have taken control of Australia's largest offshore oil and gas rig said yesterday there would be no surrender and accused their employer of forcing a siege. The billion-dollar (US$62O million) natural gas rig off the north-west tip
      Reuter  -  121 words
    • 922 4 ARRIVALS Operator Service number Local time From SIA UA CAL UTA FT SQI17 UA805 CI341 UT3545 FT75 0005 0010 0155 0235 0314 KUL JFK/SFO/HKG TPE NOU DFW/IAH/ORD/ ANC/NRT/ MNL/TPE SV GIA SIA CAL SIA MAS MAS MAS SIA AC CPA MAS RBA GIA SIA SWR SIA THAI
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  • Page 4 Advertisements
    • 34 4 This one's for the birds V I t f--111 J Succulent I m r? M Ml m m r*m I PJ w*m GOOD no:iTz HIbTON INTERNATIONAL SINGAPORE 581 Orchard Road. Singapore 0923. Tel: 737-2233.
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    • 95 4 ti i Quote, Unquote p p j£fc This Republican President seems to think that we should talk loudly but leave our stick at home. And if we don't do something pretty soon, the next thing you know, we'll even be importing the stick. US Democrat Senator John Glenn criticising President
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  • Page 4 Miscellaneous
    • 64 4 ITS THAT INFERNAL DIAMOND RATIONING! NOT EVEN CARTIEFS HAS A DECENT SELECTION! I'M 601N6 TO HAVE TO U/EAR PASTE TO DINNER AGAIN! m BY GARRY TRUDEAU WELL YOU EASY FOR iOU TO SAY! LADIES WHAT ARE MEN 6MNG WILL JUST UP BECAUSE OF THE HAVE TO SANCTIONS LEARNTO Doumm CHROMIUM.
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  • REST OF THE WORLD
    • 227 5 UPI MOST PEOPLE would use an inside tip if it meant making a fast buck in the stock market, a Harris poll in the US has revealed. "Suppose you got a tip from a friend that the company he or she works
      UPI  -  227 words
    • 206 5 AP THIRTEEN MILLION Brazilians almost 10 per cent of the country's population suffer from "mental disturbance," and the number of new cases is rising rapidly. The calculation, according to the JornaJ do Brasil newspaper, was made by Evaldo Gomes Leite Vieira, acting
      AP  -  206 words
    • 422 5 Reuter SWEDISH Prime Minister Ingvar Carlsson has attacked the use of nuclear power, citing the way the Chernobyl disaster had forced many of his countrymen to change their eating habits. "Nuclear power is one of the greatest threats to our environment," Mr Carlsson
      Reuter  -  422 words
    • 157 5 UPI SOVIET and American scientists will publicly examine the Chernobyl and Three Mile Island nuclear disasters in a satellitelinked teleconference next month, according to Newsweek magazine. Experts in Moscow and San Francisco will discuss nuclear safety, the potential for cooperation on nuclear fusion
      UPI  -  157 words
    • 323 5 IIP! THE US ROBOTICS industry, once considered to have a promising future, is predicted to decline at least 20 per cent next year from 1906 levels. Laura Conigliaro, a robot industry analyst with Prudential Bache Securities Inc, told the Detroit News newspaper
      _ IIP!  -  323 words
    • 96 5 Reuter THIS YOUNG MAN is ono person who's willing to 90 s long wsy to provo s point. A mombor of s rosoarch tssm from Cardiff Univsrsity, ho is soon driving his toam's solar car down a Madrid stroot aftor tho toam roachod tho Spanish
      Reuter  -  96 words
    • 97 5 AFP BRITAIN is considering the introduction of a visa system to regulate the inflow of visitors from some African and Asian countries. The Daily Telegraph newspaper said yesterday that the visa system was seen by immigration officers and Home Office officials as the
      AFP  -  97 words
    • 669 5 Stagnant exports among factors hindering Kremlin's efforts Reuter SEVENTEEN MONTHS into his rule, Soviet leader Mikhail Gorbachev is finding that problems in oil, agriculture and foreign trade are proving obstacles to his plans to revive his country's economy. Stagnant exports, with earnings from
      Reuter  -  669 words
    • 430 5 AP A WORLDWIDE oil glut and competition among producing nations could trigger petrol price wars in the US rivalling those of the *****, an oil industry analyst says. Bulging crude oil inventories and a worldwide price war have encouraged US refineries to increase
      AP  -  430 words
    • 99 5 AFP WOMEN in the Soviet Union tend to work 50 per cent more hours a week than men, whose more leisurely life style leads )o alcoholism, heart attacks aad anxiety that shortens their lfie span, according to the commnnist youth newspaper Komaomolsk&ia Pravda.
      AFP  -  99 words
  • Page 5 Advertisements
    • 40 5 K ll( Ol'ITR^ Mtmnphdscs gents' model by .hu'ger-Le Coultre. Automat ic movement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: CI L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd
      40 words
    • 89 5 "IlAt lottjJuiCUC beer i Mr Shakespeare.' "And u! tat prat/ i s [lie !el' >j sv.Ji a friendship. 'Oi er^O i/eai Si, Walter U hi/, neither a bom At er nor a lender he J"»r 2*. X v i V> tv i 'r vj ft nf i i, Ki"yV i
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  • BANKING AND FINANCE
    • 635 6  -  Claims in first quarter rose by 22.1 per cent By SOH TIANG KENG SINGAPORE'S life insurance industry bucked the recession in the first quarter of this year, latest figures from the Monetary Authority of Singapore show. The industry collected $84.5 million worth of premiums
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    • 306 6 Reuter SOUTH KOREA has banned further bank borrowing and the issuing of foreign-currency denominated bonds and notes until the end of next month due to a rapidly improving balance of international payments, banking sources in Seoul said. There was no immediate official confirmation of the
      Reuter  -  306 words
    • 319 6 NYT US CREDIT MARKET participants, still digesting the latest signs of a sluggish economy, are likely to be watching closely for signs of lower interest rates, analysts said. "The question the Fed has to keep asking is: 'Are we about to slide off the cliff
      NYT  -  319 words
    • 956 6 SINGAPORE: The US dollar closed mixed against most major currencies yesterday after fluctuating narrowly on alternate selling and buying in thin trading. The dollar's near-term direction looked uncertain on lack of fresh factors but stayed bearish in the long-term. Most operators were still cautious about reports last week
      956 words
    • Article, Illustration
      384 6 Asian ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Dealers said a 0.1 percentage point fall in US July industrial production and a 0.4 point drop in producer price index had little impact on rates as the decline was within market expectations. Short-dates firmed
      384 words
    • 224 6 Interbonk rates at 3pm yesterday: BM Oder e rmm portly Local dollars to out ufnt of faffiyi currency US dolor 2.1535 2 1540 ***** -23 62 Sterling pound 3 2227 3 2256 7 3469 -56 14 Austrahon dolor I 3470 1 3488 3 4286 -6071 NZ dolkor >0724
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    • 373 6 BA Futures DECEMBER Earedsllar opened (our ticks lower yesterday than the previous close at 93.80. Trading activity (or the day ranged between 93.79 and 93.82 in a steady and sideways market in the December contract ahead of today's release of second quarter revised GNP. Liffe opening saw prices firming
      BA Futures  -  373 words
    • 248 6 HONGKONG: The metal closed lower on (airly active overseas selling yesterday. Offers by mainly Swiss banks sent gold down to end at U*****.30/378.80 an ounce from an early U*****.80/383.30. This compared with last Saturday's close here of U*****.80/384.30 and last Friday's New York finish of U*****.20/70. On the local
      248 words
    • 111 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-5/8 per cent yesterday, up 1/2 point from last Friday's close. The one, two and threemonth term rates (ell by 1/8 point each. S$ Interbonk rates at 7pm y«st«rdoy: Omm M n&t 3 5/8 3 1/2 1-month
      111 words
  • Page 6 Advertisements
    • 175 6 Wholesome, fresh, sumptuous and all you can eat there is nothing more nutritious and better value for lunch than the (jtiiia and at Baron's Table. iiet your upjH'titc with cold i uts like smoked s.ilmon. fresh oysters and ham. ate*mipanied by crisp salads and a s<nip. ith a display ot
      175 words

  • WORLD BACKGROUND
    • 921 7  -  By BRIAN GOMEZ TWO EXPERTS on the Philippines have concluded that the armed insurrection in the Philippine countryside will remain a matter of "critical concern". They painted a grim picture of the growing organisational strength of the New People's
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    • 1195 7 Crackdown on opposition a setback for move towards stability NYT THE ARREST of Benazir Bhutto and hundreds of other opposition leaders last week, and the subsequent violent clashes between protesters and the police, have been a setback in Pakistan's recent progress towards stability
      NYT  -  1,195 words
  • Page 7 Advertisements
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  • FEATURES
    • 509 8 THE PRIME MINISTER joined Singaporeans in the privacy of their own homes on Sunday night to explain why that privacy had been invaded by the government in the past and why it would have to be again. The invasion was not physical. It resulted from government
      509 words
    • 1548 8  - Brunei a closely-knit country Brunei, one of the richest nations in the world, knows it cannot depend forever on its oil and gas deposits. The sultanate now seeks to implement a series of measures which will help diversify the country's economy, reports SHAHRIR ARIFF. SHAHRIR ARIFF. RELIGION IS OFTEN named
      1,548 words
    • 914 8 THE WORDS "Temburong, Brunei" stand out prominently on the T-shirt worn proudly by an off-duty young soldier. He is one of many who go often to the food centre in Changi Village near Changi Point, home of Singapore's elite soldiers, the Commandoes. Temburong in Brunei is
      914 words
  • Page 8 Advertisements
    • 208 8 the real vieyvs ...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 men of American industry won their success. It is available ONLY
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  • Page 8 Miscellaneous
    • 696 8 CRYPTIC PUZZLE ACROSS 3 Leggy feiows out West? (5) 8 in sum, may be negative (5) 10 Arvmal possibly hounded (5) 11 Spoil with some bad marks (3) 12 Put out the same again for Sue, possibly (5) 13 Confused with the dynasty that come first (7) 15 Doses taken
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  • SPORTS
    • 250 9 AP WEST GERMANY'S Boris Becker proved there's more to his game than a big serve as he defeated Stefan Edberg of Sweden 6-4, 3-6, 6-3 to win the U*****,000 Players' International tennis tournament in Toronto on Sunday. Playing in humid conditions under sunny
      AP  -  250 words
    • 119 9 UPI THE Saratoga race stewards on Sunday suspended Angel Cordero 10 days for interfering with Personal Flag during the running of Saturday's Travers Stakes. Cordero said he would appeal against the suspension to the State Gaming and Wagering Board, giving Mm time to complete the 24-day Saratoga
      UPI  -  119 words
    • 362 9 UPI KEN O'BRIEN threw a pair of second-quarter touchdown passes, and Michael Harper returned a kickoff 97 metres on Saturday night to carry the New York Jets to a 28-17 exhibition victory over the Cincinnati Bengals at East Rutherford, New Jersey. A 52-metre kickoff
      UPI  -  362 words
    • 490 9  -  By BRIAN MILLER THE STORM clouds may have cleared. But the haze still remains. And, although Singapore collected both the men and women's Masters titles at Striker's Bowl on Sunday, it would be disastrous to even imagine that all's well and rolling with the sport of
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    • 474 9 AP KEN GREEN birdied two of the last three boles on Sunday to win the new and controversial International tournament and its US$lBO,OOO first prize. Green, of the United States, received a big hug from his sister Shelly, who served as his caddy on the Castle Pines
      AP  -  474 words
    • 135 9 UPI LEADING money earner Tu AiYu of Taiwan retained her lead in the Japan Ladies Professional Golf Association's money rankings after the 4 million yen (U5526,000) Fuji-Sankei Ladies Classic golf tournament on Sunday. Tu, 31, aiming at her money title for the fifth straight year, has
      UPI  -  135 words
    • 276 9 UPI WORLD CHAMPION Alain Prost of France on Sunday won the Austrian Formula One Grand Prix (or the third time in (our years and moved to within two points of Britain's Nigel Mansell at the top o( the world championship standings. Prost drove his McLaren
      UPI; Reuter  -  276 words
    • 304 9 UPI ROOKIE Cory Snyder belted > two home runs in Cleveland on Sunday, including a three-run shot that capped a six-run third inning, to power the Cleveland India» to an 11-6 victory over the Baltimore Orioles. Bryan Oelkers, the third offour Cleveland pitchers, im- proved
      UPI  -  304 words
  • Page 9 Advertisements
    • 103 9 UNITED PULP A PAPER COMPANY LIMITED (Incorporated in the Republic of Singapore) Further to the announcement dated 18 August, 1966, the Directors of United Pulp Paper Company Limited wish to point out a typesetting error in the second paragraph of the said announcement. The paragraph should read as to) lows
      103 words
  • Page 9 Miscellaneous
    • 1440 9 to (md mm AM INBPECTOR CALLS 9pm, Channel 12 How would you like it if you were having a quiet dinner at home with your family and were interrupted by a police inspector who says the lot of you are responsible for a girl's suicide? This happens to the wealthy
      1,440 words
    • 32 9 BllStc*r FtankihcfcenC SO GeT ON U>|TH Some LOORK. PiND STOP UPkSTihIG>N roy Time., you Slack jpvujcd, Loose uflP£D, Pock 1 -PORgKiEO C-geTtN. ypuRS FAlTHFuixy, 'CjOTR 'C€-T(?a p. 5. ft UOULO J3C p\PPReQFM'£D
      32 words
    • 5 9 Play gol£ the Sevvy way
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  • INTERNATIONAL COMPANY NEWS
    • 664 10 Procter Gamble makes another breakthrough New mouthwash endorsed by American Dental Association NYT IN 1960, Procter A Gamble Co shook up the toothpaste industry by getting the American Dental Association to endorse Crest as effective against cavities. Now Procter has scored another coup: it has won the ADAS seal of
      NYT  -  664 words
    • 510 10 NYT ARTIFICIAL-INTELLIGENCE computer systems are helping fighter pilots make tactical decisions, oil companies analyse geological data and computer companies design new products. Now Wall Street data management experts are dreaming of the day when such systems might capture the expertise of top traders,
      NYT  -  510 words
    • 866 10 NYT THE recent agreement between the US and Japan to resolve their long-simmering trade dispute over computer chips calls for Japan to make its demanding market more accessible to American manufacturers. The accord is expected to allow American companies to raise
      NYT  -  866 words
  • Page 10 Advertisements
    • 598 10 Witet* ia viae, di»« and entertain #f;P Cf Wholesome, fresh, sumptuous and all you can eat... there Is nothing more nutritious and better value for lunch than the QtvM&OMUIQtoGeMM at Baron's Table. From a buffet spread of cold cuts, salads and soup to tender, succulent meats, served sizzling hot from
      598 words
    • 115 10 HhigCh6nglAjTeoche>d Seafood Restaurant Prepared by master chefs from Hong Kong, our set lunch and dinner menus offer extraordinary value. Lucky Menu $80++ for lour persons. Good Luck Menu $168++ for eight persons. Happiness Menu $268++ for 10 persons. CROwti ®PRJWCT HOTEL Managed by Pnna Halcto Japan Contmutni the Prmot Howto
      115 words

  • ASIAN STOCKS
    • 367 11 HONGKONG: Share prices closed higher yesterday with the Hang Seng Index reaching another record high despite profit-taking late in the morning. The index rose 14.36 to 1,950.12 surpassing its high of 1,935.76 reached last Friday. The Hongkong Index gained 9.59 to 1,221.71. Turnover was a strong HK5599.43 million compared
      367 words
    • 246 11 AUG l« KT S Kuochan Dow Loo Chang Yuon 20 70 26 50 •0.6 -1.7 Al Sincoro Mm A«ia Comont 23 20 -0.06 0 3 Lion Hwa Mm 9 75 -075 Cathay Com Chang Khva Bank 2980 39 30 ■y> vi -06 -1.1 -1 Nan Ya Plo» Nat fervottmar*
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    • 415 11 TOKYO: Prices yesterday jumped for the eighth day in a row to hit a record close in view of expected lower interest rates in the US, West Germany and Japan and because of last week's upswing of the Wall Street and Frankfurt markets. The closing average was 18,597.44, gaining
      415 words
    • 83 11 AUG 1» tana Montaai Onanfat 8 PM Ovaraao* 0013 tfidi 0.015 -000) Acom Mining 0 0012 -0.0002 PMax 8 0.26 -001 0.014 -0 001 Pic op 8 PLOT 185 -3 Atfcn Con. 1 14 unch fcguo Gold Bote Patrolaum Banguat Con. 8 ***** -***** Son Mya* 8 0.0055 unch
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    • 412 11 SYDNEY: Australian share markets yesterday closed higher in moderate trading, boosted by further heavy trading among leading industrial stocks. At the close of trading, the All Ordinaries Index was 9.4 firmer at 1,185.9, the All Industrials up 19.4 to 1,879.3, and the All Resources edged up 1.9 to 660.4.
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    • 95 11 AUG l« Oaf Sugar Doeim M Wm Kanawan M KM Motor 1156 1969 2441 -2 2 550 28 Korea Long Tern 1503 1640 -48 26 Daewoo Corp Daewoo Heavy Dong Ah Pta Dong St*t Stock 1428 853 -27 -27 Oner*<4 Biewery Pacific Chemical Sunihw an Samuig Bee Samweig Serrecor
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    • 129 11 Reuter BANGKOK: The Securities Exchange of Thailand Index improved 0.60 to 142.94 yesterday. Turnover amounted to 1,008,189 shares valued at 123.5 million baht. AUG 1« labta Siam Cmmmrt SSI +4 Sam OMiiwi (tap Ao Khom Thai Map Amo Fbr« rl Ayu*ro I? Cmnl 492 +2 2"£i fir?** 33 -1
      Reuter  -  129 words
    • 52 11 Reuter THE FIRST public issue of new common shares of state-owned Krung Thai Bank Ltd met a good response, with all 4,421,113 new shares fully subscribed 19 days before the end-August deadline. A spokeswoman yesterday said the issue raised Krung Thai's registered capital to 2.27 billion
      Reuter  -  52 words
    • 601 11 Reuter MANY OF JAPAN'S sogo shosha, the major trading houses, are fast entering such fields as biotechnology, telecommunications and the arrangement of counter-purchase agreements. The sogo shosha, once only middlemen for single-commodity exports and imports, must move into new areas of international trade
      Reuter  -  601 words
    • 72 11 Reuter "T COLES MYER Ltd has sold its SO per cent holding in HFC Financial Services Pty Ltd to the other joint-venture partner. Household Finance Corp of the US. t The funds raised, together with those from the sale of a stake in M travel agency group,
      Reuter  -  72 words
  • Page 11 Advertisements
    • 513 11 i ij/ssL Wtere id wise* diae and lr Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours Moo Thur 12pm to lam Fri, Sat Eve of Public Holidays 12pm to 2am Open daily except Sundays Happy Hours:
      513 words
    • 131 11 fi Food A Room Package •a--w t Si r Deluxe Single/ double occupancy s s66 Sgf Smi»lHiHbfMk trom your ha—y •chaduto or |uM wuh up and rate in tha cool of our huurtoua room. 19 Cawnrwi OcW SmewKX* 0922 Tal *****2? TMi W 297*2 I S3 m m to (C~
      131 words

  • RAW MATERIALS
    • 349 12 AFP WORLD COCX)A production is expected to outstrip consumption by 54,000 tonnes in the current October 1985September 1966 season, according to the latest estimates from the International Cocoa Organisation (ICCO) Secretariat. The estimate is 30,000 tonnes larger than the Secretariat's previous forecast, published in
      AFP  -  349 words
    • 211 12 AFP THE JAPANESE coal mining industry, subsidised for years by the country's ironand steelmakers in spite of heavy losses, could be on the way out. Analysts said patriotic Japanese businessmen had long paid prices above the world norm for Japanese coal in an attempt
      AFP  -  211 words
    • 147 12 Chinese Produce Robusta 20/25% Exchange Sellers' noon closing pi FOB NSW 470 00 rices on Nutmeg Aug 18 (SV100 kg). 110 FOB NSW 1355.00 Coconut oil BWP FOB NSW 1256 00 Bulk FOB 43 00 Gambier Old drum FOB New drum FOB Copra Mixed (loose) 56 00 60
      147 words
    • 208 12 MALAYSIAN crude palm oil prices recovered at yesterday's close on a technical adjustment to last week's fall and some nearby covering. But trading was quiet as most operators were sidelined over the sudden strength in the Malaysian currency against the US dollar. In August, south and central recovered
      208 words
    • 442 12 COFFEE Robusta futures ended a brisk morning session sharply higher yesterday with gains of £78 to £45 from last Friday. Physicals continued quiet. Near November settled at £1,978 against Friday's close of £1,900 and near the top end of a £60 trading range. SUGAR Raw futures reached session
      442 words
    • 336 12 SINGAPORE The market closed steady yesterday with September One RSS buyers quoted at 177.00 cents per kg, unchanged from last Friday. The morning session ended steady after hovering narrowly on light buying interest in quiet trading. Prices were little changed in quiet afternoon due to lack of interest. In
      336 words
    • 78 12 THE PRICE sf tia ea tke Ksala Lampar Tla Market eased twe eeats te cieee at MH4.M per kg yesterday frem laat Tkarsday, ea laek st sappert. Tetal efferiags la--82 prevleasly fellewiag aeeamalatteas ef metal ever tke leag week-ead. Tke price started at Mf14.1l aad attracted klgker effers
      78 words
    • 65 12 Bangkok (uss/toxM, Foe) White Rice 100% 1st class 265 100% 2nd class 230 100% 3rd class 225 5% 215 10% 210 15% 205 20% 195 25% 185 35% 185 Broken Rice A-l Super 130 A-l Special 127 C-1 Special unq C-l Ord unq Loonzoin Rice 100% 1st grode 100%
      65 words
    • 336 12 RAS prices in S cwti/kf, FOB m 1 MM NOON now Irrt I RSS Prompt 176 50 177.50N 177.00 178 OON Int 1 RSSScp 86 176 75 177 25 177 00 177 50 Int 1 RSS Oct 86 176 50 177 00 176 75 177 25 Int
      336 words
    • 102 12 (cants/kg, 1-tOft mIMI SEP' 86 OCT 86 (currant month) (forwor d month) NOON NOON RAS Buywri f-M JVIIVri SSR 20 159 00 161 OON 159 50 *****N SSR 50 156 00 158 OON 156 50 158 50N MRELB fay* Sdhw SMR CV 238 00 240 OON 239
      102 words
  • Page 12 Advertisements
    • 722 12 BP 20,158 19,076 21,796 OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Bank Limited wishes to announce: The Bank The Group Six Months Six Months Six Months Six Months to 30.6.86 to 30.6.86 to 30.6.86 to 30.6.86 ssooo srooo ssooo
      722 words
    • 298 12 I V V V OVERSEAS UNION TRUST LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited wishes to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNEI9B6 Six Months Six Months Increase/ to 30.6.86 to 30.6.86 After Tax Earnings per Ssl.oo
      298 words

  • SHARE INFORMATION
    • 4112 13 SELECTIVE buying of Singapore lower-liners and of neglected quality counters brought the Singapore stock market to higher ground for the sixth consecutive session yesterday. There was no frenzied trading like last week's but the market was still "reasonably active" and the undertone
      4,112 words
    • 252 13 SINGAPORE Rites lr idicti U«*t. 98 46 BT Companf Am 15 642 92 Aaa It *8*48 baton 50( net N S T cTTVii*" h, F4N Spar* Lond Sin Ub L M 50« JU6 420 388 515 r 105 240 452 117 160 840 474 155 118 Falls
      252 words
    • 3730 13 BID and offer prices officially listed and hnrlw in and reported to the Stock Exchange at Singapore yesterday with "the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. AD Time Settlement Contracts are quoted after the word "SL"IT".
      3,730 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 613 14  -  By NAJEEB JARHOM LONG-SUSPENDED United Pulp k Paper Co Ltd is completing the first stage of its corporate restructure in an effort to revive the company. Not all the conditions set by the SES at the beginning of January in respect of
      613 words
    • 420 14 MBT FORMER MBf Corp director Tan Yeow Khoon holds the controlling stake in Sri Cendana, the company which is purchasing 7.46 million shares or a 58.6 per cent stake in listed Tongkah Holdings. According to the latest available information from the Registrar
      MBT  -  420 words
    • 525 14 SHARE PRICES retreated In dull trading at the Kuala Lumpur stock market yesterday despite encouraging performance by some blue chips. Overall, trading was slow as investors kept to the sidelines. Conditions deteriorated further in the afternoon and some stocks, which
      525 words
    • 115 14 MERCANTILE House Holdings PLC and its subsidiary, Alexanders i-«ing A Cruickshank, have agreed, subject to London Stock Exchange approval, to establish a Joint venture operation with Winfull Securities Co to deal in securities in Hongkong. A new company to be
      115 words
    • 387 14 NST GUINNESS Malaysia Bhd, best known for its black stout, hopes to expand its beverage range over the next few years. Executive chairman David F Burditt said the company would keep an "eagle eye" on opportunities in the market, but he declined to
      NST  -  387 words
    • 2052 14 MDUSTMALS Acmo (1806 1945) xd Aiinomoto (308S) Alcorn (718 735) (9) 75 (4) 74 (4) 73 AOS (60 1 iB 625) (6) 61 (I) 60 (2) 60' i AM (725) (5) 75 (18) 73 (3) 72'* (26) 72 ASM (1138 1I4S) (41) 114 (23) 115
      2,052 words
    • LATEST RESULTS
      • 65 14 The Amsterdam-based bank has announced a rights issue of one new share for every 10 outstanding ordinary shares on the back of an improvement in its results for the first half of 1986. Net profit increased 8 per cent to DF1248 million. Interim net profit per
        65 words
      • 105 14 Group pre-tax profits for the year ended March 31, 1986 declined marginally to M 51.38 million (Msl.4 million). Since the cessation of mining operations in 1962, interest on deposits and dredge rental are the main source of income. After tax, group profits improved to M
        105 words
    • 111 14 HONGKONG All Industrials Hongkong Index Monday 1221.71 Friday 1212.12 Monday Friday Week ogo 1879.3 1859 9 1822.0 Week ago 1201.50 NEW YORK Hong Seng Index Monday 1950 12* Friday 1935.76 Week ago 1927.04 Dow Jones Friday 1855.60 Thursday 1844.91 Week ogo 1782.62 TOKYO Stondord Poors Nikkei Averoge Fridoy
      111 words
    • 270 14 Monomers' prices for Aug 19 Singapore Unit Trust The Commerce 0 87 0 93 The Savings Fund 0 78 0 84 S'pore Prog Fund 0 35 0 39 S'pore Stc Fund 0 60 0 65* S pore Invest Fund 0 60 0 65 S'pore Equity Fund 0 42
      270 words
    • 220 14 Tsagkafc BekUags Berfcad: EGM at Conference Room No 3, 1st Floor, Merlin Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, on Friday, August 22, at 10am. C K Tang Limited: 26th AGM at 310 k 320 Orchard Road, Singapore 0923, on Saturday, August 23, at 10.30am. Bexy Electric ladastrles
      220 words
    • 308 15  -  By HOMER CHEN REUTERS Singapore Pte Ltd has petitioned to wind up collapsed stock broking firm, Associated Asian Securities. But the petition is likely to be withdrawn because the Stock Exchange of Singapore, which is managing AAS, has arranged to
      308 words
    • 274 15 jang, Selangor. This is the last of all the approvals mentioned in the deed of assignment, dated Dec 17, 1985, with Malaysian Plantations Bhd. DAB YUNG Investment Ltd, in a reply to a query from the Stock Exchange of Singapore, said the disposal of its interests in Kindol
      274 words
    • 331 15 PROFITS dropped sharply for Raleigh Bhd, a well diversified group of companies, in spite of a much higher contribution from an associated company and a turnaround from net interest payable to net interest received in the year to end-January. Raleigh has business interests in bicycle
      331 words
    • 676 15  -  By NAJEEB JARHOM OVERSEAS UNION BANK, the smallest and the last of the Big Four banks to announce interim results, has incurred a 12.5 per cent drop in group net attributable profits to $19.08 million in this year's first half against $21.8
      676 words
    • 489 15  -  By RAMESH CHANDIRAMANI A MODEST rise in investment income plus the effects of the recent government-sponsored cost-cutting measures have helped boost the interim performance of hotel company Overseas Union Enterprise Ltd. Group pre-tax profits for the six months to June 30,1906 rose 9
      489 words
  • Page 14 Advertisements
    • 217 14 NOTICE HAADYAI BEEFBALL RESTAURANT PTE. LTD. Tl Iflidle RMd HhgiUff V7lB LOSS OF SHARE CERTIFICATES Share Certificates No. 5 7 for 38,001 shares of Ssl.oo each fully paid in the name of Suah Foo Tong has been reported lost or destroyed. Notice is hereby given that duplicate share certificates will
      217 words
    • 13 14 I Let BT show you the I ropes for effective management every Monday
      13 words

  • Page 15 Advertisements
    • 289 15 NEW ISSUE This announcement appears as a matter of record only. August, 1986 Nippon Shinpan Co., Ltd. U. 5.5250,000,000 2% per cent. "A" Guaranteed Bonds 1991 with "A" Warrants to subscribe for shares of common stock of Nippon Shinpan Co., Ltd. Payment of principal and interest being unconditionally and irrevocably
      289 words
    • 157 15 This announcement appears as a matter of record only. August, 1986 Nippon Shinpan Co., Ltd. U. 5.550,000,000 2% per cent. "B" Guaranteed Bonds 1991 with "B" Warrants to subscribe for shares of common stock of Nippon Shinpan Co., Ltd. Payment of principal and interest being unconditionally and irrevocably guaranteed by
      157 words

  • 284 16  -  By LOH HUI YIN MORE ACTION based on the recommendations made in February by the Economic Committee is now close to being implemented. Almost every ministry and government agency is involved in the exercise, and most have now submitted action plans on how the
    284 words
  • 216 16 Reuter SOUTH KOREA'S ruling party published constitutional proposals yesterday that would drastically reduce the president's role and hand "substantial executive power" to a Prime Minister and Cabinet. The draft amendment calls for both a Prime Minister and a largely figurehead president to be
    Reuter  -  216 words
  • 317 16  -  By FLORENCE CHONG THE AUSTRALIAN ARM of the world's biggest bank, Citibank, is reported to be among at least three major banks facing legal action from clients over heavy foreign exchange losses. According to a report in the Sydney Morning Herald yesterday, companies lost
    317 words
  • 395 16 UPI, Reuter PHILIPPINE POLICE arrested a Filipino businessman yesterday in connection with an alleged plot by supporters of deposed ruler Ferdinand Marcos to assassinate President Corazon Aquino. Police authorities said James Lazo, 45, a former air force sergeant who buys and sells
    UPI,; Reuter  -  395 words
  • 174 16 AFP THE THAI opposition is planning a concerted call in Parliament for constitutional changes, including a stipulation that in future the Premier should be an elected MP, according to party sources in Bangkok. A Community Action Party (CAP) spokeswoman said constitutional changes would be called
    AFP  -  174 words
  • 137 16 AP AUSTRALIA, angered by recent US commercial moves, has pulled out of a planned joint military exercise with the US because it can't afford to pay for the manoeuvres. Defence Minister Kim Beazley said participation in the Sep 5-20 exercise in the
    AP  -  137 words
  • 104 16 AP THOUGH unemployment in Britain has climbed to 13.3 per cent of the workforce or a record 3.2 million Jobless, the number of millionaires in the country has Jumped from 4,000 to 20,000 in the past five years, according to Professor Anthony Shorrocks of Exeter
    AP  -  104 words
  • 289 16 SINGAPORE'S political stability is valued by Japanese companies fleeing the rising yen which could hit 140 yen to the US dollar. "Singapore, Thailand, Hongkong, Taiwan and South Korea are the most attractive countries for investment from the Japanese point of view," said Mr Kiyoshi Kikuchi,
    289 words
  • 468 16 Agencies MALAYSIA will only honour its pledge to Opec to trim oil production by 10 per cent once crude prices pick up significantly. The chairman of state-owned Petronas, Raja Mohar Badiozaman, also said in Kuala Lumpur that world prices must increase
    Agencies  -  468 words
  • 85 16 Reuter COMEX gold futures fell sharply in early trading yesterday as profit-taking hit the major gold markets successively and built a momentum of its own. The pacesetting December delivery dropped US$7.3O to U*****.20 an ounce after a key support level of US$3B2 was breached. Spot gold
    Reuter  -  85 words
  • 64 16 Reuter WALL STREET stocks yesterday slipped lower in early trading as investors took some profits after a week of solid gains. Oil stocks continued to strengthen. Speculation that the Fed might take some action to ease credit might stimulate the market later on, analysts said. The Dow
    Reuter  -  64 words
  • LATE FILE
    • 56 16 AFP THE THAI government is to take steps to reduce refugees' chances of resettlement to discourage the flood of illegal entries into Thailand. The Interior Ministry has asked international relief agencies working at various refugee camps to reduce the number of refugees they hire
      AFP  -  56 words
    • 29 16 UPI REBELS of the Sudanese People's Liberation Army yesterday admitted they shot down a Sudan Airways civilian airliner last Saturday killing at least 57 people.
      UPI  -  29 words
    • 58 16 AFP WEST GERMANY is considering paying East Germany 1.5 billion DM if it will help stem the influx of Third World refugees who pass from East to West Berlin. A newspaper, Bild Zeitung, says Bonn is holding secret talks with East Germany on how
      AFP  -  58 words
    • 38 16 Reuter NEW ZEALAND yesterday gave approval for a consortium led by Australia's Ansett Airlines to operate on its main domestic routes in direct competition with its state-owned airline, Air New Zealand. Reuter
      Reuter  -  38 words
    • 63 16 UPI A TEAM of Hongkong residents opposed to the building of a nuclear power plant 64 km from the British colony said they were "disappointed" by their talks with Beijing officials yesterday. The 12-man group presented their questions to representatives of the Chinese Ministry of
      UPI  -  63 words
    • 30 16 AP INDIA is to buy the heavy transport Soviet MI-26 helicopter, becoming the first country outside the East bloc to acquire the powerful aircraft. AP
      AP  -  30 words
    • 24 16 Reuter SOUTH AFRICA has published for the first time a list of some 8,000 people detained under emergency laws.
      Reuter  -  24 words
  • Page 16 Advertisements
    • 542 16 Computer Charting Service for Local Stock Market Analysis Join the major brokerage firms, banks and diversified institutions in subscribing to the most advanced Computer Charting Service for investment analysis and decision-making. CHARTAMATIC is an indispensable software tool for conducting technical analysis to support fundamental data research. Complete with historical data
      542 words
    • 11 16 A grim picture of communist insurrection in ths Philippines, Pago 7
      11 words
    • 133 16 ISfe. 1 MKASOOY Helsinki, Rnland proudly appoints BUSINESS MACHINES SYSTEMS (S) PTE LTD 1 Gotdhl Plaza #01 -47 Newton Rood, Singapore 1130 Tel: *****94/6 Telex: BMS RS ***** their Sole Agent for KASO-Data Safes in Singapore, Malaysia, Brunei Indonesia. KASO meets today the requirements of tomorrow and matches the highest
      133 words
  • Page 16 Miscellaneous
    • 45 16 Outlook: Hozy Repi ort for 24 hours prior to 7.30pm on Aug 18 ot the airport: Maximum temperature 29.8 Associated humidity 72 Minimum temperature 22.0 Associated humidity 95 Hours of sunshine 0.10 Rainfall in millimetres 19.1 Rainfall this month 45.7 Roiny days this month 5
      45 words

  • SHIPPING TIMES
    • 352 17 Reuter, AP TWO SEAMEN were killed and three wounded in an air attack on a chemical tanker in the Gulf on Sunday, shipping sources in the region said. The vessel, the 10,316-ton Panamanian-registered Weelek No 3, anchored off Dubai in the United Arab
      Reuter,; AP  -  352 words
    • 390 17  -  By JUNE LIM A 4,500-dwt tweendecker has joined the fleet of Thong Soon Agencies bringing the number owned by the company to 15. The 1969, German-built vessel which has since been renamed the Equator (ex-Burdi-cala) was acquired from a French shipping company,
      390 words
    • 174 17 A CONTRACT worth U5|46.9 million for the conversion of three US national reserve fleet container ships into navy auxilliary crane ships has been awarded to Norfolk Shipbuilding and Dry Dock corporation. When converted, the vessels currently known as export Leader, Lighting and Staghound will
      174 words
    • PORTSIDES
      • 101 17 Reuter THE TUNG SHIPPING Group will issue shortly revised restructuring plans for its US$2.6 billion of debt in a bid to quell dissatisfaction from some of its more than 150 creditors, sources close to the restructuring said. Details of the revised proposals were not made
        Reuter  -  101 words
      • 36 17 CIE MARITIME D'affretement, CMA, will begin an independent Far East-Gulf-Europe service on Nov 2. Six 1,600-TEU vessels will maintain a weekly service which will be launched by the Ville de Jupiter.
        36 words
      • 87 17 KUANTAN PORT has notified all shipowners and ship agents that the length overall allowed at the port will be 228 metres. The length is however subjected to draught restriction of 11.2 metres and 35,000 dwt. A port authority circular was on the permissible length overall of
        87 words
      • 175 17 UPI HURRICANE CHARLEY swept across the outer banks with 120 kph winds on Sunday, catching up to 100,000 vacationers by surprise, then rumbled northward, threatening the coast from Virginia to New York. Neil Frank, chief of the National Hurricane Centre in Miami, said Charley's north-north-east trek
        UPI  -  175 words
    • 1265 18 VARIOUS rumours are circulating the freight market on Friday regarding grain chartering from the US Gulf to Japan, shipbrokers said. The Valcourt is believed to have been fixed for this voyage with September loading at a steady US$B.25 while there are also unconfirmed reports that August and October
      1,265 words
    • 399 18  -  By KINGSLEY WOOD DESPITE POOR oil prices and uncertain markets, BHP Petroleum has finally brought the AJ9O million Jabiru oilfield in the Timor Sea into production. Jabiru, 400 nautical miles off the Northern Territory coast, and Australia's most distant offshore oilfield, was believed to
      399 words
    • 205 18 THE PURE car carrier Century Highway No 5 the fourth vessel of the Century Highway series has joined the "K" Line fleet. It was completed by Imabari Shipbuilding Co Ltd in April. On its maiden voyage, it carried a full load of
      205 words
    • 695 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 ABtrons VH 3 Anro Service IV 2/3 ANL 1 1/2 A PC Line V 4 APL HI 2/3 ASCL III 1 Balt-Conada Line VII 4/5 Balt-Onent Lme VII 4/5 Bank Line V 5 BBS II
      695 words
    • 575 18 Reuter PETER NYENGO, a young Tanzanian from the sleepy coastal town of Tanga, had the trip of a lifetime after he slipped aboard the Danish cargo ship Pike Bank in the Kenyan port of Mombasa. The crew stumbled across
      Reuter  -  575 words
    • 104 18 TWO AUSTRALIAN Navy frigates have arrived in Shanghai for a four-day courtesy call, the third by Australian warships since 1981, the New China News Agency (NCNA) reported. After their arrival on Sunday, the ships' captains met with vice-Mayor of Shanghai Ni Tianzeng,
      104 words
    • 175 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 Line
      175 words
    • 173 19 Fairplay THE UNITED STATES Military Sealift Command (MSC) is still looking for more surplus tonnage to gather up for the US Navy's Ready Reserve Force (RRF) fleet. In terms of ship type priority, the MSC says it is seeking clean product
      Fairplay  -  173 words
    • 477 19 Lloyd's List CUNARD HAS chartered two of the world's most luxurious cruise ships as part of a dramatic US$5O million rescue of ailing travel company Norske Cruise, it was announced recently. The financial package to save the 4,253-grt Sea Goddess I and
      Lloyd's List  -  477 words
    • 196 19 Reuter TEXACO HAS covered two orders for large vessels out of the MidEast Gulf, tanker brokers said. Texaco fixed an ultra large crude carrier and a very large crude carrier to carry 345,000 and 265,000 long tons respectively from Ras Tanura to UK/Cont-Med-US Gulf. Although
      Reuter  -  196 words
    • 198 19 Fairplay THE EXCLUSION OF Indian shipowners from participation in their country's growing iron ore export traffic to the steel mills of South Korea has been strongly criticised by a leading Bombay shipowner. Mr K M Sheth, managing director of
      Fairplay  -  198 words
    • 271 19 AFP THE IRAQI air attack on Iran's floating oil terminal at Sirri Island, the first during the Gulf war and Iranian claims of counter-attack curbed demand on the tanker market over the past week. Broker sources pointed out that charterers, already discouraged by the large amount of unsold
      AFP  -  271 words
    • 216 19 A MAJOR STUDY into the future of the municipally owned Port of Bristol is being considered. The Royal Portbury Dock at Avonmouth will need millions of pounds invested over the next 10 to 20 years it is believed. But port officials are
      216 words
    • 7027 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.
      7,027 words
    • 886 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 N Crystal 35E 19.8 86 1600 NAPL F1 0700-0800 B7 B Suna 276 v 19.8.86 1700 Ned-EAC F7 0800-0900/0700-0800 P2/S2 Maersk Mango 8634 19.8 86
      886 words
    • 1673 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A 6 A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line Africon Shpg Agencies <S> Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK).
      1,673 words
    • 605 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Cr'se Muhibah Frotas'pore Gin go Moru Ah Hormony Angehqoe Auby B'tang Beloit Clydebank Equator 4 Kim Soon Li Kota Wongsa Marine Cosmos Maris Otter Myomaywa Pocific Tiger K27 K18 K36 <22 KI6 K25W K25E K18 K23 K22
      605 words
  • Page 17 Advertisements
    • 681 17 Available at all good bookshops tiyf Ifoeral fZjfim PUBLICATIONS oCji THE HEART /7 OF THE DRAGON QH|ENT OvHjgßH Qmtoiim iMHE STRAITS EUROPE EXPRESS SERVICE 200 Cmtowmt Road #12-05 SouthpomL Sappm 0208 Td *****11 TELEX NO RS ***** CFS Of net *****11 Term** office *****11 KSMU MM Hut nam am M.
      681 words
    • 67 17 DESPITE POOR oil prices and uncertain markets, BHP Petroleum has finally brought the As9o million Jabiru oilfield into production. P«g« II CUNARD has chartered two of the world's most luxurious cruise ships as part of a dramatic $50 million rescue of ailing travel company Norske Cruise. Pag« 111 Index to
      67 words
    • 643 17 IESRPi^ BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co Pte Ltd. TEL: *****33 MAERSK LINE FASTEST TRANSIT TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS Penang V——\ Voy IS* pore EXPORT TO USA. EUROPE.
      643 words

  • Page 18 Advertisements
    • 342 18 > YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER I Pacific South Wml I Pacific North Wast I Atlantic/Canada I Faodar at Kao I Faodoc at Kao I Faodar at Nagoya Bl 1■! I i iv f-„ir«TaiCTi';TrTt:',Bi ',BT~7 "■rv*»rni rTTi>''<:ar7n in km itci n- n wttm in r .'j rraEiaiEE for USA
      342 words
    • 354 18 ll Supercarrier Service ,i.nmw M ISM 11/1 11-11/1 14/1 X/ 1 I R-tl/1 1/11 11/ M »'3riC liji mmtm (ItS). 1 Franc*. (MM StaMa m 4 3m ttogo «to L tapiw. ttaillkai Ml Vita. Corocao Bntgotoa*. n*p*Mri fort of S«w. Mot. tafrtM. Si Mm. tan Tar*. Carina. Fort Fnact. Pari
      354 words

  • Page 19 Advertisements
    • 757 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OGL Oversea* Containers Limited rU! Exzm MjIUK STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PEGASUS rax V443N h Nrt-lf A* 22-23 tat 20-27 A* 29-3* BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 accepts cargo ok smls .ii.m;*: 'II
      757 words
    • 788 19 Franco Belgian Services f&j ir .i*( hri' n* h >rruir mit h b.♦ r rn I in* J^r (MEMBER OF ACE CONSORTIUMS COITUO SMVtCI TOEUW CHM CONTUCH ORBITN. CMET KOKM MCUH tern* arsm STOK tMOJK Lt Ham Ita Mm BTtrna M M ta| (II ta|) I Sapt J Sapt IS
      788 words

  • Page 20 Advertisements
    • 315 20 f u Hapag-Lloyd TO CONTINENT/UK EXPORTS Wand hadage to rtand destinations in Ewope S port PKt<an| Ptnanf Lcuaesßfeaa Genoa Ifcurf Kdaro Bhawn A atrp m U/ 18 13/1116/11- 10/11 BH TOIMUS 17/11 14/12 17/12- 20/12 FROM N CONTINENT &UK IMPORTS Agents SEGANI^ *****66 K. Lumpw *****25/8/1. *****19. *****49 *****78 P.
      315 words
    • 622 20 HC.S.LINE ft A lutftmt FULLY CONTAINERISED SERVICE TO EUROPE VIA SUfZ 1 A Memb ol ,he ce Coosoflwrn CHM CONIMO 3CN (MENTAL cmj sow KOKAN MCtJM JM» KPTVK CRYSTAL 36N EROM EUROPE VIA SUEZ Mfmb ol ,hf ce Consortium KOKM CHAOCt 271 SfKH SJ »S BMDGf sft MEKCATCMt 3* CM
      622 words
    • 311 20 ££L Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines* TLX RS ***** RS ***** ,1. lAMI KN CAR I INI K. 1 I I). STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS Loadhc at appropriated Berth P4-P5 NOTE: ALSO CALLMG OTHER JAPANESE PORTS, HONGKONG. TAIWAN I
      311 words
    • 1227 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GLORT 24/4 EVER 06TAM E*R GLEAMY 23/1 (VCR GR»Cf I E«R IMMG 24/4 E«1 GOOOS 5/5 ElO GRMO 11/4 HO LEVEL 11/9 EVER GUIS! 24/1 no Gar** 1/11 ALSO ACC TMG CARGO TO: 2) ATLANTA. 04CAM. OETROT. w» OO RfC I*
      1,227 words

  • Page 21 Advertisements
    • 858 21 w VESSEL MAJAPAHfT GOWA KOTA SINGA PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE SIN JKT SBV SIN HKO KAO *TCH KEE WIS *MUR MTC YOK KOB KEE SwM Sailed S«il«d 20/S 24/1 25/8 20/8 27/8 29/8 2/9 4/9 2VB 23/8
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    • 956 21 BEN LINE CONTAINERS EXPRESS COHTWO SERVICE TO UK/COffTMENT 1/1 1/1 11/9 12/J U/J u/J 17/J u/J a/i a/j 23/9 B/9 a/9 a/9 M/ 9 1/1* 2/1* 4/10 VII 7/1* 11/11 11/10 13/1* 14/11 It/10 it/ii 17/10 u/io a/io a/u 24/10 »/io a/u a/io m/m 2/11 1/11 VU t/U 1/11 1/11
      956 words
    • 517 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYB P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TIIKORA LLOYD SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE S-POK BUM) MEM kPI/KK 14/9 17/1 fMM/t-DMI KBURC 2t/l 23/1 I Tfm IMM A'4M/R'4M HWt/BraMn > H 2R-31/I I 3/14 »/w 12/14 sw U BOHTMC IMS
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    • 460 21 BOUSTEAD SHIPPING AGENCIES MYOMA TWO W7W PAGAN VLO7W SUTWAY V24W ((fech»|inc Ortr) pa-am mm v» NORTHBOUND TO UKC TOANA IBUGM V.l MOKAYBANK VIN CLYDEBANK VIM TMMUAI SAMOA VI FORTHBANK VI7N BURMA FIVE STAR Spore 19/29 Am 21/31 A* 30/31 Am (Burmese National Lint) Loadnf for Rangoon PJUbnc Ponan( BANK LINE
      460 words

  • Page 22 Advertisements
    • 1157 22 IjKLINE —KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE feeder «i inna vst johore BI iwt rci swk pklg png spore kok su*»*gutc«.i*o arica iquqii magasta s antonr) vmparmso 20 hn 21 22 Ami 24 fc« 12 Sep 5 Oct 14 Oct IS Oct IS Oct II Oct ft SO tCdPTMC: SM—MM. KSKGKANG.
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    • 732 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* p TwTv«s Spcr Mr*b Fre» Sr*i AJs« Accepts CFiANOOAS V2l 3 Sep« ?0 Scot 79 Sept 27 Sept Adet/fco V 27 6 Sept KABMDAS V3O 17 Sept 7 Oct 11 Oct 9 Oct Mel Bus PER V 7 71 Sept RAMOAS V 25
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    • 802 22 GOLDEN LINE GIMN GUAN SHIPPING (PTE) LTD 21 latt t|« Street SMGAPOK IIM ra. S343JH (II IKS) STRAITS/PERSIAN GULF SERVICE: S pore P M»n| Pmanf GOIOEN KM Colombo Karachi Dofta Balwaw/ftowart GOLDEN MUCH Colombo Karachi Mu Bahrain 21/22 A* 5/1 Sapl fU| f«M( Karada Star!* Dam Kwart LMGQUANK 22/1 23/1
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    • 383 22 p PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PMILI meekly ia i ra MDOLE-EAST ran fm-east rair red sea ratn LAST/WEST •niCM ratn »/t 11/» 11/1. zin 24/1. 24/1 I Jg iii,nl --JL [nil n'l) JliViff' PHILMNUENT LINES PTE LTD TEL: 22M7M LINES) TELEX: RS
      383 words

  • Page 23 Advertisements
    • 660 23 S pore NEPTUNE AGENCES PTE. LTD H EU/AUST TPA/SEA J* No rife* TsnnMt CfS BOOKBKS 278J977 *****53 "K7W *****77 *****22 *****53 OR OKCT IMS *****19 ******6 NEPTUNE ORIENT LINES LTD F« mard IrafM miqmn, pktu cat *****44 MUm NEPLME SON. BHD. *****17/*****45/*****53/*****26 Kl«p« ICPIK SON. BM>. *****71/*****34/*****35 rrnmt NEPIK SON.
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    • 384 23 V7JF/ DOIAM HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN, INCHON *«uk Rant lb I Ora lwi Wo t Donam, tOTN I lota M 6 No I Donjnv 606N No 7 Ooum MM No 9 Donjm/UTM No i Dna/UW TJJL/M7 lb I DonantOtN Port
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    • 724 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Tel: *****33 (15 Lines) Tenrinal Office: *****41/2 Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** VMM P KELANG M/S SHARK AT NAM SOON SON BM>. IST AND 2NO FLOOR. NO 1 IALAM
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    • 72 23 a<»w f JUM( PMMI NPPO MMtU V.3A Sated Sated GtSO MMtU NO t ¥.27* Sated 23/1 KOK MMU Vlo3* 21/1 2/9 General survey tor M.V Nppe Mara *.3* «HI be hcM a« the 23rd tag. K at Gdn. K-20 Iran 0900-1200 hn. Tkare »i be n# twlter anty after Ml
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  • Page 24 Advertisements
    • 218 24 REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSEL Ivor ISMGAKME TO SOUTH THAILAND m rrm m MALACCA STRAITS FEEDER SERVICE 3 SJUUNGS WEEK I M/'.'l IEIBIHIEIMiPa] I l j i- iw.v ■ETsmmi BENGAL BAY CONTAINER FEEDER WEEKLY TO CALCUTTA/CHALNA/CHITTAGONG rrni-' hm rm AGF NTS PORT Kf LANG FARYS MARITIME
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  • Page 24 Miscellaneous
    • 179 24 Regional Weather n i m 2 3 S* S3 A m ~l<« E5 31Ei!l3£ Is." SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature c X\ i Weather Wind direction with speed m knots Ro,n Wove height
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  • Page 25 Advertisements
    • 110 25 use AGEHCES K. LUMPUR 242S0tt/*****56/*****4*/*****93 P. KELANG 36*7111/4 TERMMAL 36SS3S1/2 POMNG *****2/*****3/*****4/*****3 P. OJDANG *****3/*****5/*****1/*****0 i. BAHARU 22M65/*****1/*****5 LEOSHP SPORE *****22 FAR EAST/EUROPE CONTAINER SERVICE i 1 "ii"'-Mmniwi ii"r"iPinßi 11 '.r'-TTTBIHMr irrinMtrtMiTTwtniii'r'V"imßTTTi j EB E3l WEM KOiim EDi US tl",r ii sn in ALSO ACCEPTHG FOR WfTMRP L HARtt, UK.
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    • 231 25 LINE INTERNATIONAL TFB VOY 117 TFB VOY 118 TOHAMBUWO TFS VOY 070 TFB VOY A 47 TFS VOY T7S Eta Pan 22/8 30/8 Eta Pan Eta M 21/8 14/# DWEY Eta Pan Eta M 29/8 17/9 ELUHO Eta Pan Eta K 19/9 26/8 Eta Rdm 18/8 Eta Byd 24/8 Eta
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    • 256 25 TRANS-SIBERIAN CONTAINER LINE FCI/ICL TO: DJULFA/TOROfSIX/K ABU./HAMTON/TEHERAN POMNG PTJtEUMG STORE COMtCT TO VOSTOCWfT 16/8 17/1 19/t K. ZHUKOV ALSO ACCEPT* VW UCHEVSX TO TEHERAN. OJULFA. K.V. TRUSH" WEEKLY SAILING LCL/FCL TO: COLOMBO BBY DUBAI KUWAIT DAMMAN Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL PKG TO RED SEA-MEDITERRANEAN FEEDER
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  • Page 26 Advertisements
    • 182 26 i'K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD 14 3 Oirf Street 10 04 OH R<»i(totg S pof? 010b I*l ??19?W Port Hfljnj lifj P«ij Sh<»p*if Sdn Rhd lrl 03 3689 C.'4 •> Prn.mf Mjh»su Itjdf 4 Irjnspiwt ltd I*l 04 to! 893 Pjui l.udjnj MiUysun StmHw 1
      182 words
    • 342 26 xr /jiy f MitsciOS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK 26 Aug Port Louis. Reunion NEDLLOYD MOJI 17 Aufl Mombasa. Daressalam ATLAS MARU 5 Sept Mombasa. Daressalam. Tanga. Beira, Tamatrve AFRICA'S f—, N °l ANDES MARU 19 Sept Apapa. Port Harcourt. +Warri EARNEST VENTURE 13 Sept P. Noire, Abidjan. Buchanan.
      342 words