The Business Times, 20 August 1986
1986-08-20
1
26
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The Business Times
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Title Section11 1986-08-20 1 BUSINESS TIMES M-C. (P) No. 192/12/85 WEDNESDAY, AUGUST 198« 75 CENTS11 words
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Article, Illustration477 1986-08-20 1 RAY HEATH - Four appointments as Asian-Pacific profits plunge By RAY HEATH AFTER COMING to the rescue of the London-based Standard Chartered Bank when it was under siege from rivals Lloyds Bank earlier this year, local hotelier and finance man Khoo Teck Puat has joined the board. He477 words
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231 1986-08-20 1 OSCAR Joseph Oliveiro, 50, from the Union of the Telecoms Employees of Singapore (UTES) was yesterday elected the new National Trades Union Congress president. He succeeds Mr George Chua Poh Choon who died suddenly on July 27. An active union member since the *****,231 words
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191 1986-08-20 1 AP POWERED by strong exports and brisk investment in plant facilities, South Korea's gross national product in the first half of this year grew by 10.9 per cent in real terms, compared with 4.3 per cent in the same period of 1965,AP - 191 words
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485 1986-08-20 1 TRAVENOL Laboratories Pte Ltd's $25 million new production wing will not only add new items to the product line and increase turnover by 50 per cent when it starts operating next year. The company will also become the American corporation's largest overseas plant.485 words
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200 1986-08-20 1 Reuter, AP THE LABOUR government handed down Australia's toughest budget in 20 years yesterday slashing billions of dollars off public spending. Welfare, health, education, defence and foreign aid were all hit with cuts that Treasurer Paul Keating said would trim As 3Reuter,; AP - 200 words
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Article, Illustration85 1986-08-20 1 PBOmvrAKEBB tHBftBM the trailag ftoar at the Singapore tag share price» generally tower 1m ■■ierate tanwver far the first time la sevea tradiag days. Bat eertata tower-Hue™ i latln i to lie ST laiastrial latex tost f.49 palate to 8«.» while the htaafer-hasei BT CampMtte la- in eased85 words
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Article, Illustration390 1986-08-20 1 MONICA GWEE - By MONICA GWEE WHEN ADVERTISING executive Mr Neil French joined Batey Ads in May as its creative director, it seemed be had found a new platform for his talents. But it has turned out to be a trampoline. He was expected to beef390 words
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494 1986-08-20 1 SON HANG KENG - •y SON HANG KENG, Financial Correspondent THE SINGAPORE DOLLAR yesterday bucked the general trend in the foreign exchange market, strengthening against the US dollar while major currencies lost ground against the greenback. The US currency slipped to 2.1525 against the local currency yesterday494 words
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Article123 1986-08-20 1 AP GOLD PRICES took another sharp tumble in early European trading yesterday in a second straight day of decline after last week's surge. The dollar rose against mo6t major currencies. Gold opened in London at a bid price of U*****.75 a troy ounce, sharply down onAP - 123 words
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Page 1 Advertisements
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Advertisement239 1986-08-20 1 Cahners Exposition Group The Exhibition People Now! New 080 MMH from OUB mi •-f More uses More convenience More your style GRO PLUS is a unique new "statement" account where you earn daily interest white enjoying many extra advantages No passbook. No cheque book. Access to the account is solely239 words
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Advertisement227 1986-08-20 1 Wm s-s 1 1 I OUR VIEW THE SHRINKING POPULATION is o matter for concern. But the committee that's going to study how best to get educated Singaporeans to make more babies should be wary of overly-deterministic schemes. These can have on impact which the individual and society may later227 words
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Advertisement234 1986-08-20 1 &"<_;-~,_."]`{"]@!?-]_\?=^>&$<% The International Health Plan A complete mescal expenses and worldwide medical assistance package intended primarily for expatriates of all nationalities and their families Unlimited cover for all major medical expenses Worldwide cover including emergency medical transportation and air ambulance 24-hour Emergency Medical Assistance Service Worldwide Fast efficient worldwide claims234 words
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Advertisement6 1986-08-20 1 August 26-29,1986 World Trade Centre, Singapore6 words
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Page 2 Advertisements
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Advertisement196 1986-08-20 2 IZI It's official Northwest Airlines is pleased to announce the acquisition of a major U.S. carrier, Republic Airlines. As a result, Northwest becomes one of the world's largest airlines. And with greater resources, we are in a position to serve you even better. This US$BOO million investment means more than196 words
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HOME NEWS
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Article, Illustration293 1986-08-20 3 THE TRADE Development Board has paid out $2.3 million in grants to subsidise local companies' export-oriented projects under the Market Development Assistance Scheme. To date, TDB has supported 236 projects under the scheme since last September, when it was introduced. The grants were293 words
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428 1986-08-20 3 JEFFREY TSANG - By JEFFREY TSANG LOCAL computer expertise has reached such a high level that Hewlett Packard Singapore has begun to "export" its engineering and managerial talent to other subsidiaries in the region. A dozen HP managers have been sent to China to lead the management team428 words
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345 1986-08-20 3 MOTORISTS who haggle and give weak excuses to lower parking fines will no longer have a ready ear for their woes. From Sep 1, parking and other fines for traffic offences issued by the Housing and Development Board and345 words
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Article481 1986-08-20 3 MONICA GWEE - By MONICA GWEE MORE REASONS to have more babies came from the Minister for Communications k Information Dr Yeo Ning Hong yesterday. Besides the better known arguments for the effects of a declining birth-rate on the workforce and the economy, Dr Yeo also touched481 words
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324 1986-08-20 3 THE SINGAPORE Fire Service will start to survey every structural fire it attends to gauge the level of the public's fire safety consciousness. The survey will cover the reaction of occupants on the discovery of a fire and their attempts to extinguish the fire.324 words
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Article241 1986-08-20 3 JULY PRICES of food, clothing, housing and transport were about 2 per cent to 6 per cent cheaper than they were a year ago. Showing the sixth monthly decline this year, the July Consumer Price Index (CPI) of 101.9 was 2.3 per cent lower than241 words
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Page 3 Advertisements
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Advertisement130 1986-08-20 3 >/ <?-XA HP does. With Hewlett-Packard's LaserJet Printer, your business PC and readily available software virtually anyone can prepare crisp, typeset-quality documents merging text and graphics You can print anything on your desk, from simple memos to business forms and newsletters Already the world's best-selling desktop laser printer, the HP130 words
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ASIA-PACIFIC
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Article, Illustration348 1986-08-20 4 Reuter THE REAGAN Administration has appealed directly to Japan as the world's number two economic power for help in reducing mounting protectionist pressures in the US. In a message to Foreign Minister Tadashi Kuranari, Treasury Secretary James Baker and Secretary of State George ShultzReuter - 348 words
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209 1986-08-20 4 Reuter THE OPERATING rate of US factories, mines and utilities fell to 78.2 per cent of capacity in July as all three industrial sectors suffered declines, according to the Federal Reserve Board. In June, industries operated at a revised 78.4 per centReuter - 209 words
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406 1986-08-20 4 Reuter OPEC COUNTRIES say they will strictly adhere to their agreement to cut oil production during the next two months, but many analysts question their ability to bolster the oil market in the long term. All 13 members of the Organisation ofReuter - 406 words
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195 1986-08-20 4 UPI MORE THAN 10 million people in China have been lifted above the poverty line since 1961, but another 60 million still earn less than US$4O a year, the official China Daily newspaper has reported. In a bid to raise incomes, barren landUPI - 195 words
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355 1986-08-20 4 AP FUTURE PRICE increases are an inevitable part of China's reforms, but can be prevented from getting too high, according to an official magazine. China's price structure has been seriously distorted and prices for some products such as farm goods, housing and transportation have beenAP - 355 words
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Article100 1986-08-20 4 AP PHILIPPINE President Corazon Aquino has donated her monthly pay cheque of 7,910 pesos (US$3B5) to a group raising money for victims of tuberculosis, one of the country's top killer diseases. Mrs Aquino announced the donation on Monday in a speech at a fund-raising campaign ofAP - 100 words
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186 1986-08-20 4 AP PAKISTANI opposition leaders yesterday called (or more demonstrations against President Mohammad Zia ul-Haq ss the death tell from clashes with police rose to 19. Nine people were killed and dozens injured in clashes between riot police and opposition supporters on Monday afterAP - 186 words
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128 1986-08-20 4 UPI MORE THAN 300 fired workers who seized the world's biggest offshore natural gas drilling rig ended their fourday occupation yesterday with an agreement that reinstates most of the employees. The siege ended when officials of the West Australian state government landed on theUPI - 128 words
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Page 4 Advertisements
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Advertisement158 1986-08-20 4 THE VIIV I N SINGAPORE The most breathtaking views in Asia, from the Westin Stamford, the tallest hotel in the world Plus the widest selection ol restaurants anywhere in Singapore. Six superb tennis courts and tour air-conditioned squash courts. Iwo swimming pools, plus a comprehensive health and fitness centre. Luxuriouslv158 words
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Advertisement222 1986-08-20 4 Whywe spent millions of dollars developing something people throw away It's often the products we use everyday for mundane things like throwing out garbage that take years and millions of dollars to develop. Most people only think about garbage bags when they don't have one, we think about them all222 words
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REST OF THE WORLD
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313 1986-08-20 5 UPI AN "AVALANCHE of protectionism" in industrialised countries is affecting half of all Latin American exports, the head of a 25-nation economic group has said. "Our region faces the difficult problem of foreign debt, and on top of that there is now anUPI - 313 words
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Article283 1986-08-20 5 Reuter A UNITED NATIONS panel is recommending an overall 15 per cent cut in the organisation's 11,000-person staff, with an even deeper reduction in top-level posts, the group's chairman has said. Tom Vraalsen, Norway's UN ambassador, said this was one of the mainReuter - 283 words
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Article542 1986-08-20 5 A good plan coming at a bad time, say businessmen AFP THE TAX REFORM package worked out by a House-Senate panel over the weekend could have a devastating impact on the capacity of US industry to confront competition from foreign companies, businessmen and economists haveAFP - 542 words
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203 1986-08-20 5 AP THE US nuclear weapons industry produces radioactive waste (aster than it can safely dispose of it, and cleaning up the polluted wells, leaking barrels and dump sites could cost billions of dollars, a newspaper says. The federal Energy Department is spendingAP - 203 words
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Article, Illustration513 1986-08-20 5 Agencies SOVIET LEADER Mikhail Gorbachev's announcement on Monday that the Soviet Union was continuing its year-long halt of underground nuclear testing until Jan 1 next year has drawn a negative response. Some diplomats believed that the extension amounts to nothing more than a publicAgencies - 513 words
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248 1986-08-20 5 UPI THOUGH private American industry has been given the green light to launch commercial satellites, the first lift-off is still about three years away, US Transportation Secretary Elizabeth Dole says. At a news conference in Washington on Monday, she said theUPI - 248 words
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252 1986-08-20 5 UPI THE DEANS of some of America's most distinguished medical schools, citing the "severe and widespread" dangers of alcohol, are urging that warning labels be placed on all alcoholic drink containers. In a letter to Congress, deans of 33 medical and public health schools,UPI - 252 words
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Page 5 Advertisements
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Advertisement380 1986-08-20 5 A TWO-DAY COMPREHENSIVE REVIEW BY EXPERTS ON SINGAPORE, SOUTH EAST ASIA AND PEOPLE'S REPUBLIC OF CHINA LAS CONFERENCE INVESTMENT ANn^— LEASING POTENTIAL DIRECTION SPONSORED BY THE ECONOMIC DEVELOPMENT BOARD. SINGAPORE CO-SPONSORED BY ASIAN LEASING ASSOCIATION 0830 Registration 0900 Welcome Address Mr Au Eng Fong Chairman Conference Organising Committee 0910 Opening380 words
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Advertisement301 1986-08-20 5 It always costs a little more TO CULTIVATE A CERTAIN STYLE. and dedication. Day and night-time temperatures, nourishing barks and acidity of rainwater, are precisely measured to yield a treasured prize: the brilliant blossiming of the rarest of flowers. a ws i *I H :>i Laeliocattleya Roseval Model Bamboo, water-resistant,301 words
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Page 5 Miscellaneous
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Miscellaneous22 1986-08-20 5 Doonesbury kn m, vr» wfeßm rrsvenAMOW m#MH6 SHOOA6a,RJCK. AROUKLD THOSS SOUTH AFFJONSANCnONSKAL A TIZZY! w m SH fx m BY GARRY TRUDEAU22 words
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TRAINING & DEVELOPMENT
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Article, Illustration789 1986-08-20 6 ELAINE KOH - A plan mooted two months ago by the Singapore Professional Centre to encourage professionals to continue to improve their education and knowledge through further studies, has already received support from 11 professional associations, reports ELAINE KOH. ELAINE KOH THE CURRENT MOVE to recognise the789 words
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Article413 1986-08-20 6 [Seminars and r Tet *****13 TbcRS ***** courses MB Fax: *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Sep 1 Preparing Yourself for Shangri-La Hotel AGS Management *****90 the China Market Consultants Pte Ltd Sep 1-26 0C Circle Facilitator National National *****34 Course Productivity Board Productivity Board Sep 2 Manufacturing413 words
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635 1986-08-20 6 TSANG SAU YIN - By TSANG SAU YIN, ManagMiwt Correspondent THE SINGAPORE INSTITUTE of Management is, for the first time, offering an undergraduate degree course in management studies to students in Singapore. The Bachelor of Science (Economics) in Management Studies awarded by the University of London is635 words
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254 1986-08-20 6 THE LATEST EDITION of the National Training Directory lists a total of 156 programmes nearly three times the 55 listed in the first edition published last year. New subjects covered by the courses offered by 21 training institutions are banking and finance, consultancy training, productivity254 words
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Page 6 Advertisements
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Advertisement225 1986-08-20 6 IMPACT OF ELECTRONIC SERVICES ON ASIA-PACIFIC BANKING 29 30 Sep 1986 SINGAPORE In the Asia-Pacific region, exciting developments are taking place in the move towards greater banking sophistication. Enhanced technology and enormous funds are being committed to upgrading existing systems and to pilot projects. What will the impact of electronic225 words
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Advertisement298 1986-08-20 6 Slpm SINGAPORE INSTITUTE OF PERSONNEL MANAGEMENT (A not-for-profit organisation) Diploma in Personnel Management 4th Intake OBJECTIVE The objective of the diploma program is to provide a grounding in Personnel Management in a business enterprise. At the end of the program, the participant would have acquired an indepth knowledge of personnel298 words
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BANKING AND FINANCE
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Article801 1986-08-20 7 SINGAPORE: The US dollar closed mixed yesterday compared with New York's levels after recovering marginally against major currencies except sterling in thin late trading. The dollar firmed largely on some European short-covering ahead of the release of revised second quarter real US GNP data. Market speculation that the801 words
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Article217 1986-08-20 7 Interbank rates at 3pm yesterday: Md Odor c rooo parity Chtngi Local dollars to ana ufwt of foreign Qlffffigf US dolor '2.1535 2 1545 2.8196 -2362 Sterling pound ***** 3 2102 7.3469 -56 36 Australian dolor 1.3556 1 3584 ***** -60 46 NZ dotar 1 0864 1 0890217 words
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Article435 1986-08-20 7 BA Futures EURODOLLAR futures gapped up strongly at yesterday's opening as the market reacted to a newspaper report that the US was seeking coordinate discount rate cut with Japan to avoid further dollar decline. December Eurodollar opened five ticks higher at 93.87 but encountered heavy resistance at this level.BA Futures - 435 words
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Article275 1986-08-20 7 HONGKONG: The metal closed lower yesterday in moderate trading under pressure from stoploss selling after a sharp fall in New York on Monday. Swiss interests and local speculators pushed the metal lower from its easy opening but short-covering emerged in the afternoon to lift it off its lows. Bullion275 words
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Article349 1986-08-20 7 ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Dealers said most operators were sidelined in the absence of fresh factors and ahead of the release of revised US second quarter gross national product data. The market generally expected the GNP data349 words
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Article, Illustration141 1986-08-20 7 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-3/4 per cent yesterday, up 1/8 point from Monday's close. The one-month term rate was unchanged while the two and three-month rates rose by 1/16 point each. Mates tht mraft af Km prim Mtaf rates af 12141 words
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596 1986-08-20 7 FLORENCE CHONG - By FLORENCE CHONG THE WEST AUSTRALIAN government is proposing to set up an insurance exchange a "small version" of the London-based Lloyds insurance market in Perth next year. It will be the first insurance exchange outside the United Kingdom and North America. Announcing596 words
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Page 7 Advertisements
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Advertisement59 1986-08-20 7 An Image You Can Bank On. \ew, prestigious building in the heart of the hanking Financial district Highlv visible corner ground floor banking hall with vault High pedestrian traffic from !> pm Klegant internal spiral staircase link to hanking offices Approx. 24H76 sq ft Problem-free parking Ready for immediate lease59 words
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Advertisement316 1986-08-20 7 Standard Chartered international Wherever in the world you are doing business, no one is better placed to help you than today's Standard Chartered. We have eight branches in Singapore specifically attuned to the needs of the international trader Battery Road, Shenton Way, Jalan Besar, Jurong, MacPherson, Pasir Panjang, Selegie Road316 words
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FEATURES
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Article520 1986-08-20 8 THE COMMITTEE that's going to look at how best to get educated Singaporeans to have more babies will be treading on delicate ground. It's not just a matter of appearing to be peering through the bedroom window. There is a danger of rushing in with overly deterministic schemes520 words
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Article, Illustration1186 1986-08-20 8 FLORENCE CHONG - Taiwan ranks as Australia's fifth largest foreign market while Australia is a major source of Taiwan's industrial raw materials and foodstuffs. Trade between the two countries is expected to increase within the very near future, reports FLORENCE CHONG in Sydney. FLORENCE CHONG CASH-RICH TAIWANESE are expected1,186 words
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Article1120 1986-08-20 8 SWARAN KAPUR - Viewpoint By SWARAN KAPUR NOBODY can remain healthy if the tyranny of work cancerously creeps into his or her life and is not fought. Workaholism gone crazy that's what the tyranny of work is. It's the compulsion to spend practically all of one's waking hours1,120 words
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574 1986-08-20 8 Disappointed Investor - letter to the Editor Disappointed Investor Dear Sir, Our parent company in Australia, being attracted by the various incentives and perks offered by the Government, decided to make its first venture in Singapore last year. The sales agreement for a chemical574 words
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Page 8 Advertisements
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Advertisement138 1986-08-20 8 M onagers ust anage BT shows you how every Monday. Steamed Soup In Green Melon Specially Airflown Fresh Green Melon From Taiwan r Another Specialty only from Dragon Gty. ■■jHH Discover some of the finest Sichuan and seafood dishes at Dragon City Restaurant. Every dish is masterfully prepared by caring138 words
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Advertisement46 1986-08-20 8 OLYMPIC'S EUROPEAN CONNECTIONS /g^ A WISE CHOICE Frequent and convenient connections from Athens to more than 40 world-wide destinations, including Madrid, Istanbul, Dusseldorf, Marseilles, Milan, Nicosia and Stuggart. For enquiries and reservations, call 225 8877. A IV IT A r s The International Airttne of Greece46 words
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Page 8 Miscellaneous
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Miscellaneous39 1986-08-20 8 P«NV TORE.OF THIS tMCPT SuNGLING P».ND I'LL COrn£\ fc$\JND FNNID SORT VOU OUT, v/QU SON Of J B CROSS UE&Psr*€££. e>6U-Y DfttfCGß r- 7 WOURS FFMWFUUY 'CETRA J i "C? COPIES 10 HePOS /"-'Chi £~SIS «S CVSNIMS STMMHOCO lto.lHJ39 words
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SPORTS
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Article942 1986-08-20 9 MAX COMMANDER - By MAX COMMANDER IT TAKES a lot to stir the passions of the hard-working citizens of multi-racial Birmingham in the UK, but the idea of a round-the-city-streets Formula 3000 motor race on a holiday weekend has done just that. If you find that surprising,942 words
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189 1986-08-20 9 UPI CINDY MACKEY shot a 2-un-der-par 70 on Monday to win the rain-delayed US$2OO,OOO Mastercard International Pro-Am in Elmsford, New York, her first victory on the LPGA tour. Colleen Walker was disqualified from second place for turning in a wrong scorecard, the second time inUPI - 189 words
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245 1986-08-20 9 Reuter A LEADING America's Cup syndicate on Monday put its two yachts into Fremantle harbour for the first time with embarrassing results. Dennis Conner's San Diegobased Sail America Syndicate lowered the yachts, both called Stars and Stripes, into the water from the freighter NedlloydReuter - 245 words
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Article, Illustration490 1986-08-20 9 UPI TWO THINGS have stood out at the World Swimming Championships, the power of the East German women's team and the lacklustre form of some worldrecord holders. The East German women have taken all six of the gold medals available to them so far, andUPI - 490 words
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389 1986-08-20 9 UPI MIDDLEWEIGHT king Marvin Hagler will accept Sugar Ray Leonard's challenge and fight the former champion in a multimillion dollar boxing extrava T ganza next March. Co-manager Pat Petronelli, making the announcement in Bartlett, New Hampshire, in a statement from Hagler's sunv mer home,UPI - 389 words
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Page 9 Advertisements
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Advertisement156 1986-08-20 9 Acoustic Covers for Computer Printers Tel: *****84 for a FRS consultation AIRCRAFT WANTED! A Air-India is interested in purchase of a Boeing 747 SP aircraft powered by P and W JT9D-7J/-7A/-7F Engines (-7J preferred) with airframe hours not exceeding 25,000 T.T. If you have such aircraft for sale please urgently156 words
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Page 9 Miscellaneous
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Miscellaneous1531 1986-08-20 9 to m mm mt 3^ N PM SBC Text Sample Pages. Opening and Programme Highlights followed by The Unyielding Butterflies (C, r). Sesame Street (r). The Long Chase (Last episode). The Jetsons. Hari Raya Haji Special (M, r> Ewoks. Programme Highlights. Benson Uncle Jack. News (M). Coming Attractions. Airwolf Jennie.1,531 words
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Miscellaneous650 1986-08-20 9 |+&|'!_$":)\$-:,~)%?(;,`$$`%)>, CRYPTIC PUZZLE ACROSS 1 Central waste, we hear (5) 6 The snag Is, it may come undone (5) 9 Just a boy (7) 10 Foxy girt with a kiss for some men (5) 11 Just the girt to be soft on a nobleman? (5) 12 Being a mug, I650 words
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INTERNATIONAL STOCKS
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Article234 1986-08-20 10 NYT MCDONNELL DOUGLAS Corp and Airbus Industrie are in serious talks that could lead to a joint Euro-pean-American effort to rival Boeing for dominance of the international airplane market. According to an industry source in Britain where the talks are taking place, the two airplane makers areNYT - 234 words
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308 1986-08-20 10 Reuter WALL STREET stocks ended mixed on Monday but blue chips, led by IBM, staged a late rally. End-of-session organised buying programmes accounted for the rise in blue chips and oil stocks continued to provide significant support, analysts said. The Dow JonesReuter - 308 words
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Article125 1986-08-20 10 AUG It cs bnp Oi a A toco In* Prov 43 15* 38 1 inch AMfei 23* lu Aican AJum 42* Kit Addaon zr__ 12* Bank Nova Scotia Bank CH Momraol 15* 32* Mc BkxM Mofcon A 38 27 unch unch Moor* Cp 33 18* 25* Canodwn Imp Bank125 words
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Article216 1986-08-20 10 AUG IS M Tongoot 730 5 Tnj»» Bk 125 iKch MOUSTtlALS Un St««l 46 -2 Wooftru 1250 unch A Afc>ha 1125 undt Abarcom 290 unch MM MMCS Aad 1400 IVKfc 5650 100 375 5 AWUT"'* ***** *****8 unch Boitows 1920 5 2250 ■50 C G Smith 2700 -125 Buttafc216 words
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Article592 1986-08-20 10 AUG IS US* Alcan AJumin Alcoa Alag M ABad Sag AM Start! ACa-Chabnan Am Brandt he Am Con Co Am Cyonomid Am Bac Pwr Am Exprm Am Horn* Prod Am Motor* Cp Ama> he Amarodo Hw Amoco Corp Amr Corp Armco he Aiarco he An Kicnrnw Att Avon592 words
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Article836 1986-08-20 10 Amsterdam AUG IS Fh AflN 806.00 +3 Aaoon 104.20 -1.3 Ahotd to.io i.i Akto 161 10 A4 Afrtnfo ***** inch AMEV SI. 50 0J Amro Bati 110.00 4-2J Ah S*ad ***** -0 5 Batfcal 38.00 4-0.2 Boratani Buatvman T«m II3J0 -0.2 iroda 213.50 +2.5 Cdbn 707 00 -0.5836 words
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Page 10 Advertisements
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Advertisement484 1986-08-20 10 Frisco is the perfect choice for your business or informal lunches :c i < Centrally located within Singapore's Business District, Frisco serves superb European cuisine amidst a setting that exudes quiet elegance and comfort Coupled with our unobtrusive yet impeccable service, you may be assured of a really satisfying experience.484 words
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Advertisement88 1986-08-20 10 London stocks on Pago 15 leochew at very or m i *i i <« a* > s* FSng Ch6ng Ij6u "Rochet Seafood Rcstauranl Prepared by master chefs from Hong Kong, our set lunch and dinner menus offer extraordinary value. Lucky Menu $80++ for four persons. Good Luck Menu $168++ for88 words
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ASIAN STOCKS
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Article363 1986-08-20 11 HONGKONG: Share prices yesterday closed mostly lower on moderate profit-taking after Monday's sharp rally. The Hang Seng Index lost 14.43 points to 1,935.69 against Monday's record high closing of 1,950.12, while the Hongkong Index was 9.93 lower at 1,211.78. Chartists said the Hang Seng Index would experience more downward363 words
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Article230 1986-08-20 11 AUG 1* AJ Sncara kidus Asio Cement HT 1.74 23.00 30.10 0.04 -0.2 0.3 Kuochan Dev Lm Chang Yuan Cham Indus Lian H»o Indus 21.50 27 50 10 20 34.90 0.8 1 0.45 0 3 Chang H»o Bank 41 20 23.40 1.9 +0.9 Not Investment 340 70 -3 5230 words
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Article391 1986-08-20 11 TOKYO: Prices closed sharply higher on late buying yesterday centred on trading houses and tele-communications-related shares, boosting the market average to its ninth day of rises and fourth consecutive record close. The market average rose 195.17 yen to 18,792.61 after touching a trading peak of 18,801.89 shortly before the391 words
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Article78 1986-08-20 11 AUG 1* Nm Monteei Oriental B Phi Overseas Z 0.013 0015 unch inch Ac Of* Miring ***** unch Phiex B 0.26 Linen Pic op B PLOT IS5 unch Alios Con. B 14 unch -05 +0001 inch an Gold Basic Petroleum Banquet Con. B 0.0012 -0.0004 0.005 -***** 87 -678 words
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Article391 1986-08-20 11 SYDNEY: Australian shares closed marginally easier in moderate pre-budget trading yesterday. At the close, the All Ordinaries Index had dipped 0.6 at 1,185.3 and the All Resources Index was down 2.7 at 657.7. The All Industrials Index rose 2.3 to 1881.6 but the gold index fell 23.6 to 1125.2.391 words
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Article105 1986-08-20 11 AUG 1* Chai Sugar Doefan Ind P—— Corp Daewoo Htovy Dang Ah Phar Dong Sl#i Stock Donabu Steel Gold Star Wan 1989 565 1714 1485 855 1826 ma 39 15 31 57 2 70 100 Kongo on M Kjo Motor Katon InJ Korea Long Term Lucky Ltd Oriental Brewery105 words
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Article149 1986-08-20 11 Reuter BANGKOK: The Securities Exchange of Thailand Index improved 0.13 to 143.07. Turnover amounted to 498,306 shares valued at 62.4 million baht. Reuter AUG 1* 1 Ao Khom Thai MM Sum Ctnmnt San Cihzans Sam Citi2«ns 585 su*> 4 Ana Ffcrt Ayudhya bwestment... Bangkok Agro-tod PuiiiA riL DOny.i* DanKReuter - 149 words
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Article62 1986-08-20 11 Reuter THE TOKYO Stock Exchange will temporarily reduce its afternoon trading hours by 30 minutes to help its members' clerical staff cope with increased trading volumes. Starting today, afternoon trading will begin at 1.30 Tokyo time, instead of one o'clock, and end at 3 o'clock. MorningReuter - 62 words
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206 1986-08-20 11 Reuter INDIA FUND, the Guernsey-reg-istered £75 million foreign investment fund launched by state-owned Unit Trust of India (UTI), had been heavily oversubscribed, an official at fund managers Merrill Lynch Capital Group said. The official, who spoke on condition that he not be identified, said that totalReuter - 206 words
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Article49 1986-08-20 11 Reuter JARDINE INSURANCE Brokers Asia, a whollyowned subsidiary of Jardine Matheson Holdings, has set up a subsidiary in Taiwan to provide direct service to Hongkong and multi-national clients there. Jar-dine Insurance Brokers (Taiwan) will add to the group's network of eight other offices from Singapore to Japan.Reuter - 49 words
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Article96 1986-08-20 11 Reuter FAR EAST Holdings (1982) (FEH) has agreed to acquire a 37.5 per cent stake in Asia Television Ltd (ATV) for HK$l5O million in cash as part of a plan to float the station's assets. FEH yesterday said it would subscribe for the nominal amountReuter - 96 words
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117 1986-08-20 11 NYT SUN CHEMICAL CORP has agreed to accept a sweetened US$55O million offer to sell its Graphic Arts Material group to Dainippon Ink and Chemicals Inc of Tokyo. The announcement, made on Monday by Sun, was viewed by analysts as the end of theNYT - 117 words
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Page 11 Advertisements
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Advertisement605 1986-08-20 11 •]II•I 1 It V*:. Wtere to wlae, ouk mi eaMsia Paramount Hotel v Where the fiappy peop/e go > t z■ "A kM r 1 f I' n f a lain This month's delight A LA SINGAPURA Buffet Lunch Dinner Aug 8 31 Adult: $12.50 Child: $B++8 Special Feature Friday605 words
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Advertisement112 1986-08-20 11 $12.50 Children beie* 12 yea's BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES J* jhmm l■MM* Lunch Hours: 12 noon 3pm 10% service charge 3% government tax not included. V 19, Caimhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** N y Our Daily Specials! A sumptuous 3-course western112 words
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RAW MATERIALS
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525 1986-08-20 12 FT BANANA REPUBLICS and multinational fruit companies have more in common than they think. According to an exceedingly gloomy new report from the UN Food Agriculture Organisation in Rome, they are all faced with fierce competition over a declining or at best stagnant market andFT - 525 words
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278 1986-08-20 12 FT CHINA is planning to invest in a Canadian gold mine in an effort to secure access to Western technology and management skills. This would be a rare overseas investment by the Chinese mining industry and the first of its kind inFT - 278 words
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Article211 1986-08-20 12 SOYBEAN FUTURES on the Chicago Board of Trade closed near the highs on Monday with gains of 15'/? to two US cents per bushel. The advance was led by the spot month which settled at U555.29 after posting a 17-cent range on the day. Slow country movement, a steady211 words
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Article224 1986-08-20 12 WHEAT FUTURES on the Chicago Board of Trade closed Vi to US cent per bushel higher on Monday, with September settling at US$2.5B Vi after being held to a 3 3 /«-cent range on the day. The growing belief in the trade that the USDA will not raise the224 words
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Article85 1986-08-20 12 AFP SOUTH AFRICA'S Anglo American Corp claimed a world first on Monday converting a uranium plant into gold production at its Western Deep Levels mine near Johannesburg. A company spokesman said engineers had begun extracting gold from 16 million tonnes of waste material at the uraniumAFP - 85 words
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Article149 1986-08-20 12 Chinese Produce Robusta 20/25% ***** Exchange FOB NSW Setters' noon closing prices on Nutmeg Aug 19 (SJ/100 kg). 110 FOB NSW 1355 00 Coconut oil BWP FOB NSW 1256 00 Bulk FOB Old drum FOB 43 00 56 00 Gambier 330 00 New drum FOB 60 00 FOB149 words
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Article181 1986-08-20 12 MALAYSIAN crude palm oil prices closed higher yesterday in spite of late prof-it-taking in moderate trading. The market rose gradually initially, extending the overnight recovery on short-covering coupled with firmer Chicago soyoil futures close. In August, south gained Msls to M 5455 a tonne while north rose M181 words
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Article90 1986-08-20 12 OIL PRODUCTS IN THE FAR EAST petroleum products market, prices (or most grades were marked higher in thin trade. Doubts over next month's supply from the Arab Gulf are still supporting fuel oil quotes. Closing prices for crude (fob origin) US$/borret Change Dubai (Sep) 12.95 +0.10 WTI, West Texas Intermediate,90 words
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Article329 1986-08-20 12 RAS prices m S cents/kg, FOt m k iolet NOON CLOSf Int 1 RSS Prompt 177.50 I78.50N 177.50 178 50N Int 1 RSS Sep 86 177 50 178 00 177.50 178 00 Int 1 RSS Oct 86 177 50 178 00 177 50 178 00 Int 2329 words
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Article101 1986-08-20 12 (c«nts/kg, 1-ton p olUn) S£PT 86 OCT 86 (cwrrM it month) (forword month) NOON NOON RAS Buyers Sgim SoBsvv SSR 20 159 00 161 00N 159.50 161 SON SSR 50 156 00 158 00N 156 50 158.50N MRELB Btrytn Sgim lut Sdsn SMR CV 238 00 240101 words
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Article854 1986-08-20 12 COFFEE Robusta futures closed sharply higher on Monday, posting gains of £110 per tonne from last Friday's close after an active session. The market was increasingly inclined to believe reports from Brazil of more significant drought damage to the crop than previously thought. Prices continued to be buoyed854 words
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Article334 1986-08-20 12 SINGAPORE The market closed slightly higher yesterday with September One RSS buyers quoted at 177.50 cents per kg, up 0.50 cent from Monday. The morning session gained 0.50 cent on some short-covering for forward position in moderate trading. Prices were little changed in thin afternoon trading due to lack334 words
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Article96 1986-08-20 12 THE PRICE of tia aa the Kub Lampar Ha Market fell three eeats yesterday U eieae at M 514.16 per kg la fairly qaiet Taraever fell ta 84 twee tram 92 teaaes ea Maaday. Tke decliae was sparred ky a eaattaaed lack ef averseas laterest, particularly from Earape,96 words
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Article68 1986-08-20 12 Bangkok (USS/toim*. FOG) White Rice 100% 1st class 265 100% 2nd closs 230 100% 3rd closs 225 5% 215 10% 210 15% 205 20% 195 25% 185 35% 185 Broken Rice A-l Super 130 A-l Special 127 C I Special unq C I Ord unq Loonzoin Rice 100% 1st68 words
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Page 12 Advertisements
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Advertisement557 1986-08-20 12 A Credit du Nord Board of Directors Bruno de Maulde Chairman Christian Babusiaux AJex Peytavin Jose Bidegain Claude Tcherniack Roger Burnet Jean-Fran^ots Robert Cotte Theodore Christian Dubois Gerard Tiebot Jean-Yves Haberer Compagnie Financiers Emile Hoivoet de Paribas Andre Levy-Lang represented by Roger Mayeur Philippe Dulac Head Office: 6/8 boulevard Haussmann,557 words
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Advertisement91 1986-08-20 12 IMPORT EXPORT BANKING «y.» Y Rt» Rl \< J mXiKMIHOIIKf BOW TO RECOVER bankruptcy AND WINDING UP IMPORT EXPORT BANKING-Rravlously published m Importers ft Exporter! Handbook, this book covars banking and flnanca on axport and Import and documentation. GUIDE TO LETTER OF CREDIT-An IndlsponsaMa aid to thosa concarnad with paymant91 words
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SHARE INFORMATION
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Article, Illustration4167 1986-08-20 13 LED BY RETAIL STOCK Metro Holdings, share prices came under substantial profit-taking on the Singapore stock market yesterday, resulting in major indices recording losses for the first time in seven trading days. The Straits Times Industrial Index lost 6.49 points to 803.35 while4,167 words
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Article263 1986-08-20 13 SINGAPORE Rims in die** D wH m* 9* H S0( tab Fa m 530 4-10 8T Coapmio AM 19 681.81 H LMM F Kalia Mtio Shaafn-Lo M Flour out s s 1 c s M S T lifciiito Hwo Hom A N A Hoi U 0 Main263 words
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Article3599 1986-08-20 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 468 1 495) (4) 1.54 (4) I 55 (22) I 52 (6) 1.53 (14) 1.51 (3) 1 50(4) I 50(24) 1.49 (8) 1 47 (10) 1.48 (4) 1.46 Alcom (0 558 0 645) Amol StMl 50« (0 924 83,599 words
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COMPANY NEWS
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Article, Illustration424 1986-08-20 14 RAMESH CHANDIRAMANI - Strong yen takes its toll on margins By RAMESH CHANDIRAMANI WHILE several local companies have benefited from a stronger yen, Sony products exporter, Amcol Electrical Industries, has been an unfortunate victim. Half-year results to June 30, 1986, saw the group operating profit slashed by424 words
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300 1986-08-20 14 INVESTORS' lack of interest caused share prices to deteriorate on the Kuala Lumpur stock market yesterday. Trading was listless. Many stocks were moderately lower but a few counters managed to buck the downtrend. Actively-traded plantation stock Gadek gained a hefty 16 cents300 words
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Article1959 1986-08-20 14 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 uAlts unless otherwise specified. MDUSTMM.S Acmo 184S) xd Aimomoto (308S) Alcom (70S) (1) 711,959 words
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Article669 1986-08-20 14 Currant Ex Books Date Total for Total far payment dot* close poyabie the yeor last year A B N I3''»%l Aug 19 NYA NYA 13'*% 27% Alex Hldgs 5% Sep 5 Sep 12 Sep 26 5% 6% B Sembowong 30%(|) Jul 24 Jul 31 Aug 22 30%(|) 20%669 words
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Article466 1986-08-20 14 LAST FULL YEAR Com pony Period Date Year Net EPS GrOSS Net profit o nc ending (cents) div last year ($000) S J Amol Intehm Dec 19 Mar 86 7.3 520 H Leong Credit Interim Mar 14 Jun 86 230 150 16,813 Everpeoce Corp Interim Mar 25 Jun466 words
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Article74 1986-08-20 14 TMgkafe HeMiags Berimd: EGM at Conference Room No 3, Ist Floor, Merlin Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, on Friday, August 22, at 10am. C K Tug Limited: 26th AGM at 310 A 320 Orchard Road, Singapore 0923, on Saturday, August 23, at 10.30 am. Boxy Electric74 words
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Article103 1986-08-20 14 HONGKONG Hongkong Index Tuesday 1211.78 Monday 1221.71 Week ago 1189.53 Hong Song Index Tuesday 1935.69 Monday 1950 12Week ogo 1905.00 All Industrials Tuesday 1881.6 Monday 1879.3 Week ago 1816.0 NEW YORK Dow Jones Monday 1869.52 Friday 1855.60 Week ago 1811.16 TOKYO Nikkei Average Tuesday *****.61* Monday *****.44 Week103 words
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Article225 1986-08-20 14 Monomrs' prices MARA-Bumiputra for Aug 20 Singapore Unit Trust The Commerce 0 88 0.95 The Sovngs Fund 0.78 0.84 S'pore Prog Fund 0.35 0 39 S'pore Sec Fund 0.61 0.66* S'pore Invest Fund 0.61 0.66 S'pore Equity Fund 0 42 0.46 Asia Unit Trust Mod Invest Fund 1.18225 words
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400 1986-08-20 14 HOMER CHEN - By HOMER CHEN BANKERS of failed stockbroking house I .in Securities have formed an inspection committee to supervise the disbursement of LinSec's liquidated assets by the liquidators, Peat Marwick Mitchell ft Co. The committee, set up last Friday as400 words
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391 1986-08-20 14 MBT SAMANDA has recommended its shareholders to vote in favour of its acquisition of a 5 per cent stake in Ganda Holdings for M 57.04 million. In a circular to shareholders, Samanda said the acquisition was "in the long-term interest" of Samanda. Directors, however, doMBT - 391 words
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Article, Illustration522 1986-08-20 15 mzsm mm»»> By HOCK LOCK SIEW LOOKING at the way palm oil prices have behaved recently, only the brave would dare recommend accumulation of shares of plantation-based companies. After plunging to record lows of about M 5425 per tonne in March, the average priceBy HOCK LOCK SIEW - 522 words
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261 1986-08-20 15 TAT LEE FINANCE Ltd has Joined the list of finance companies with lower interim profits. In the six months to June 90, 1986, the finance arm of the Tat Lee Bank group saw its pre-tax profits fall 29 per cent to $1.6 million261 words
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292 1986-08-20 15 HOMER CHEN - By HOMER CHEN PAN MALAYAN HOLDINGS Ltd's profits came down sharply for the interim period to endJune this year, continuing the falling trend seen last year. Prospects for PMH, a subsidiary of Tat Lee Bank, for the rest of 1986 are not encouraging.292 words
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Article195 1986-08-20 15 UNITED Iadtttrlal Corporation has been asked by the Stock Exchange of Singapore to furnish additional information, including the effects of its proposed disposal of the remaining office building in Equitable Airport Center in Los Angeles on group earnings and assets. C K TANG announced that it has acquired195 words
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Article927 1986-08-20 15 SHARE PRICES yesterday opened quietly mixed following Monday's modest gains. At 0626 GMT, the FTSE 100 Index was 3.1 down at 1,605.9. On Monday, the FTSE 30 Index ended the day at 1273.6, up 2.6 points from Friday. The FTSE 100 Index also rose, by 7.1 points to927 words
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381 1986-08-20 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI FOOD PACKAGING and an expanded range of new polystyrene products are among some of the projects which Amalgamated Properties A Industries Bhd hopes will get the company back into the black. Towards the end of 1965, API concluded a381 words
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Article, Illustration644 1986-08-20 15 LORETTA McLAUGHLAN - Chairman to provide additional working capital By LORETTA McLAUGHLAN TROUBLED Van der Horst, a group which services the offshore oil industry, has asked the Stock Exchange of Singapore to relist its shares. The shares were suspended along with those of its biggest known644 words
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Page 14 Advertisements
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Advertisement117 1986-08-20 14 VP OF INDIA LTD. BOMBAY m (SPECIALS) QUOTATIONS ARE INVITED FOR MARINE CONTAINER (SPECIALS) FROM LEASING COMPANIES OF INTERNATIONAL REPUTE FOR THE LEASING OF VARIOUS TYPES OF MARINE CONTAINERS (SPECIALS). TENDER DOCUMENTS CAN BE OBTAINED FROM 21gT AUGUST AT OUR REPRESENTATIVES OFFICE IN SINGAPORE BY PAYING, UB$25.M OR EQUIVALENT AS117 words
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Advertisement318 1986-08-20 14 NOTICES IN TUB MATIBtOTTO COMPANIES ACT, CAP. W CHIP HUP MECHANICAL ENGINEEKING PTE. LTO. (hViliiiliij ll|Ml«mn) At an Extraordinary General Meeting of the members of CHIP HUP MECHANICAL ENGINEERING PTE. LTD. duly convened and held at 170, Upper Buklt Tlmah Road, #13-01, Buklt Tlmah Shopping Centre, Singapore 2158 on the318 words
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Page 15 Advertisements
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Advertisement145 1986-08-20 15 "Earnings doubled over five years" Sir Colin Corness, chairman, reports: "An average annual growth in earnings per share of 19% over five years has doubled corporate income whilst maintaining a consistently high return on capital employed" "Redland's international spread is rightly perceived by investors to be one of its foremost145 words
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Article, Illustration606 1986-08-20 16 MANO SABNANI - By MANO SABNANI BRUNEI is determined to reduce the heavy dependence of its economy on oil revenues, the Prime Minister was told yesterday, in a detailed briefing on the country's current five-year National Development Plan. Mr Lee Kuan Yew and the other members of606 words
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Article330 1986-08-20 16 PRIME MINISTER Lee Kuan Yew yesterday renewed his long-standing friendship with the Sultan of Brunei, Sultan Hassanal Bolkiah. And as if to underline the fact that they shared a number of common aspirations, the two leaders extended their meeting, originally planned for 30 minutes, to almost an330 words
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376 1986-08-20 16 MBT THE f on the assets of 23 Malaysian cooperatives which were taking deposits cannot be lifted without a scheme which will ensure that they are able to withstand a run on them once they resume operations. Bank Negara governor DatukMBT - 376 words
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Article116 1986-08-20 16 QUESTIONS on the problems facing the elderly In Singapore will feature in the next session of Parliament, which will sit on Monday, Aug 25 at 11am. The Member of Parliament for Paya Lebar, Mr Philip Tan Tee Yong, handed in on Aug 12 some116 words
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389 1986-08-20 16 MARTIN SOONG - By MARTIN SOONG HOVERCRAFT, including those being developed by a Joint-ven-ture in Singapore, are being considered by the Civil Aviation Authority of Singapore (CAAS) as an alternative rescue craft for aircraft crashes at sea. Air-cushion vehicles, as hovercraft are generically known, can operate389 words
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252 1986-08-20 16 THF COURT of Civil Appeal yesterday dismissed with costs an appeal by Mr J B Jeyaretnam against the judgement of a slander suit he brought against First Deputy Prime Minister Goh Chok Tong. The appeal of the secretary-general of the Workers' Party was dismissed in252 words
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Article82 1986-08-20 16 COMEX gold futures yesterday pared their early losses after an upward revision of the US sec-ond-quarter GNP implicit price deflator sparked light speculative buying, traders said. December gold traded at U*****.90, up from an early low of U*****.50. Comex silver futures recouped early losses after the82 words
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Article55 1986-08-20 16 Reuter WALL STREET stocks yesterday fell sharply as sell programmes reversed an end-of-session buy on Monday. Bonds, which rose with the downward revision of the second quarter real GNP, provided no support. The Dow Jones Industrial Average dropped 12 points to 1857. Declines led advances seven-four onReuter - 55 words
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LATE FILE
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Article41 1986-08-20 16 UPI THE US economy grew by a disappointing 0.6 per cent at an annual rate in the second quarter of this year, the weakest quarterly gain since the recession of 1962, the Commerce Department said yesterday. UPIUPI - 41 words
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52 1986-08-20 16 AFP THE MALAYSIAN government yesterday urged unions to restrain wage demands to check growing retrenchments in the private sector. Labour Minister Lee Kim Sai said 43,844 workers were retrenched last year and another 9,429 workers were laid off during the first seven months of thisAFP - 52 words
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Article38 1986-08-20 16 Reuter THE SOVIET Union and the US both expressed willingness to make concessions to secure a final agreement at the European disarmament conference as the final session of the 35-natioo talks began in Stockholm yesterday.Reuter - 38 words
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32 1986-08-20 16 Reuter THIRTY million rural households in China nearly one in nine has television, according to a report in the New China News Agency yesterday. ReuterReuter - 32 words
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Article45 1986-08-20 16 Reuter FIREFIGHTERS extinguished a fierce blase on the Liberian-registered supertanker which was attacked by Iranian Jets in the southern Gulf. Two US-made F-4 Phantom bombers set the partly-loaded tanker on fire on Monday, threatening a Dubai well platform 3km away. ReuterReuter - 45 words
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Article37 1986-08-20 16 Reuter PRESIDENT Reagan plans to impose additional sanctions against South Africa on his own in an effort to head off Congress approval of punitive sanctions that he opposes, the Washington Post said yesterday. ReuterReuter - 37 words
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Page 16 Advertisements
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Advertisement50 1986-08-20 16 What a Great Idea! Aj//) Solar Energy from the Sun to heat your Swimming Spa Poole 2SST <s? r v"™" jW y~*t "S*~ BflfljljHH uifStream A S/stem. Soi* Agent ONSTREAM TRADING PTE LTD 100 Jalan Sultan #08-14 Sultan Plaza Singapore 0719. Tel: *****48 (4 lines), *****51 Telex: RS ***** ONTRAD50 words
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Advertisement44 1986-08-20 16 ORCHARD s m m W '/M/i Y\ e* ef L« toe a t* 00 r\ ORCHARD DEBT COLLECTION AGENCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06. *****74 Position:. Address:. Please send one of your representatives to meet me. I Tel: L44 words
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Page 16 Miscellaneous
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Miscellaneous55 1986-08-20 16 WMm Outlook: Showers in o few areas in the lot* morning and early Report for 24 hours prior to 7.30pm on Aug 19 at the airport Maximum temperature 31.7 Associoted humidity 68 Minimum temperature 26.4 Associated humidity 87 Hours of sunshine 3.75 Roinfoll in millimetres nil Roinfoll this month 45.755 words
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SHIPPING TIMES
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258 1986-08-20 17 HYUNDAI SHIPYARD has been shortlisted as the lowest bidder for American President Line's seven-ship newbuilding programme costing some US$5OO million. A report in Sea trade Week says that apparently Hyundai Ibid US$2lO million for five <3,800 TEU vessels plus options 3or258 words
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364 1986-08-20 17 JUNE LIM - By JUNE LIM NEGOTIATIONS are underway to resolve problems which have arisen following the failure of OMT, charterer of the Nalo Express, to meet its commitment. OMT hired the 32,628-dwt Singapore-registered vessel from Sinbaltic Pte Ltd to transport cargo to364 words
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523 1986-08-20 17 FT AFP AS THE NUMBER of vessels laid up worldwide fell in July to the lowest level since October 1961, and brokers expect demand for oil tankers to grow by 28 per cent over the next five years. Drewry Shipping ConsultantsFT; AFP - 523 words
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PORTSIDES
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Article60 1986-08-20 17 Reuter NINE CREWMEN are missing and feared drowned after an oil tanker sank in Panay Gulf in the Central Philippines, the Coast Guard said. A spokesman said the Af/V Nysun, with a cargo of 40,000 barrels of bunker fuel, went down off the southernReuter - 60 words
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Article88 1986-08-20 17 TOWNSEND THORESEN's lonic Ferry has joined the 4,190 tons gross Europic Ferry on the Lame/Cairn Ryan route, the shortest Irish Sea ferry crossing, boosting freight capacity to more than 550 units per day, an increase of 230 units. Formerly named Dragon, the 6,141 tons ferry was88 words
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Article1311 1986-08-20 18 COAL and fertiliser fixing dominated voyage operations on the London freight market on Monday while a moderate volume of time-charter activity was reported involving vessels ranging from 18,000 to 66,000 dwt. No further significant rate variations could be seen and steadiness was expected to prevail. Four 50.000-60.000-ton US1,311 words
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742 1986-08-20 18 Lloyd's List A FLEET OF 150 Sanko vessels 60 per cent of its size at the time of bankruptcy has been established since rescue plans were approved by the Tokyo District Court in January. However, the current size of the fleet isLloyd's List - 742 words
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159 1986-08-20 18 UNITED STATES Gulf and worldwide utilisation of rigs were up again last week, and contractors were willing to cut charter rates below direct operating costs in order to win Jobs. In the Gulf the utilisation rate increased to 29.1 per cent from 28.3 per159 words
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Article913 1986-08-20 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Arias Line X 3 ANIL 1 1/2 A PC Line V 4 APL III 2/3 ASCL III 1 Bait-Canada913 words
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427 1986-08-20 18 LONDON BROKER Hogg Robinson has produced a marine package designed to offer insurance cover to shipowners concerned about the threat of terrorism at sea. According to Fairplay magazine, Hogg Robinson was first approached by a cruise operator following last427 words
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Article177 1986-08-20 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 AMRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container177 words
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159 1986-08-20 19 Fairplay THE PORT of Portland planning to construct a US$5.9 million bulk mineral export facility on the Willamette river to handle soda ash, talc and bentonite shipments. Over 200,000 tons of mineral bulks have been shipped through the port annually since 1978,Fairplay - 159 words
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460 1986-08-20 19 AP TUGBOATS extinguished a blaze aboard a Norwegianowned supertanker near Sirri Island yesterday in one of the biggest marine salvage operations since the Gulf war began, shipping executives said. Eight tugboats including the Smit Singapore, the largest salvage tug in the world, battledAP - 460 words
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Article119 1986-08-20 19 Lloyd's List A NEW COSMETIC paint launched last year only for passenger ships has found greater acceptance among other types of snips, says International Paint. Of more than 50 vessels so far coated with Interfine, above 60 per cent are ships other than passenger ships andLloyd's List - 119 words
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Article778 1986-08-20 19 AFP THE FIRMER tone to oil prices following the recent decision by the Organisation of Petroleum Exporting Countries (Opec) to limit output in September and October this year kept rates on an even keel in several major sectors of the freight market over the past week On theAFP - 778 words
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171 1986-08-20 19 Cargonews Asia A COALITION of nine major US west coast ports have called upon the services of a research firm, Booz-Allen and Hamilton, to develop a comprehensive study concerning US Customs Service cargo and passenger clearance activities. The study comes on top ofCargonews Asia - 171 words
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Article121 1986-08-20 19 INDIA'S east coast ore export port of Paradip is to be deepened and developed to receive and handle bulkers of 170,000 tonnes deadweight under a new integrated scheme costing Rs3 billion (US$234 million). The approach and entrance channels are to be deepened from 12.25 metres to121 words
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6807 1986-08-20 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,807 words
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Article793 1986-08-20 25 AT CONVENTIONAL WHARVES MARINA WHARVES Horopan Baru MIA 208/0900 21 8/2300 VMM! Barth Arrival Departure Joya Bersama Mekong V'fure MIB M2B 20 8/1300 208/0800 208/2300 208/2300 KEPPEL WHARVES Sabang Jaya M3A 20 8/0700 208/2359 Angelique K16 alongside 208/2300 Shangrila M3B 20 8/0900 20 8/1800 Auby K25W alongside i 20 8/0600793 words
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Page 17 Advertisements
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Advertisement724 1986-08-20 17 Concise Comprehensive Contemporary ■gOMMMIr iH FEDERAL OOCL OiqentOveiqeas Cmtditm Line r. MRMK MfK A6ENCCS Na. 2CBM/ 00R) 200 CmtmaMt toad #12-05 Saaftpaa* Saptn 0201 Tal *****11 TOO NO K ***** JK. cfs ofna *****11 gl TanaaNl din. 221MU KSIU MM MfK MBUS ML M. riTAUK IAYA HI *****80/*****75/*****02 Tata No724 words
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Advertisement70 1986-08-20 17 mm A FLEET OF 150 Sonko vessels 60 per cent of its size ot the time of bonkruptcy has been established since rescue plans were approved by the Tokyo District Court. Page II UNIDENTIFIED worplanes rocketed and set ablaze the Norwegian-managed supertanker Akarita in the United Arab Emirates. Pag« 11170 words
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Advertisement799 1986-08-20 17 MAERSK LINE FASTEST TRANSIT TO EU SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS F~d. J™ »—I Vor EXPODT TO US*. EUHOPt Ohm TMaa a R/t rae m crs 25/1 07* MB Of-n/IIWMB CR JO/I 1M MB 1 9/10 U/M »a 25a 2/11 vm VM IVM799 words
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Page 18 Advertisements
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Advertisement195 1986-08-20 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South WMt Fiwtof at Kao Pacific North Wast faadar at Kao Atlantic/Canada Faadar at Nagoya tJiM UiM OCT! m m mm bee ItPTTTIIIM I FT* COi ItAH ll in KU'M ft'ill a<iL^ mrai .r MFTIrrjIT— r*rMfttmttttm m B7TB 7YTM WMW IV. ELMIUM h'i'Ji195 words
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Advertisement307 1986-08-20 18 11 Supercarrier Service CONTAINER SERVICE rtißl PTfll rcrlß rrr*i rrF«i r*trfli t*m rer* BMP II WM Mil I I HI 1111 Hi I^— THE MALAY STATES SHIPPING CO. PTE. LTD. Tetex B8 2MC7 A/B MASBCO ssjsss'srusffs^s Mm TEL: TBk Mil PENANG YANG MING LINE FAR EAST/N. EUROPE/FAR EAST FULL-CONTAINER SERVICES307 words
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Page 19 Advertisements
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Advertisement818 1986-08-20 19 The Straits Steamship Group 1 STRAITS SHIPPING f Singapore to Sabah, jnwnfc, Brunei Ports and Bangkok Mansfield Container Shipping PteLid OCL Overseas Containors Limited "7 BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 *17 Site. KBalart VII LA SkM. LD, Taw m Maara, KK 20-22 A«c sium raw m Hurt. H818 words
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Advertisement497 1986-08-20 19 Franco Belgian Services (MEMBER OF ACE CONSORTIUM! I .rr ,-f r, mr w UJJ m CHARGEURS HAVRAISE MEDEX lINE ALYb '.JL (MEB CLUB MEMBER) t-3 I "11 .Cgl 27 M MM IN llh| 17 tal 19 27 *1 ta| Gmm Trinte I>m 31 M I ta| 23 N 12 ft*497 words
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Page 20 Advertisements
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Advertisement278 1986-08-20 20 u Hapag-Lloyd TO CONTINENT, UK EXPORTS FROM N CONTINENT &UK IMPORTS *****00 K. Umpm *****2 *****49 *****71 P. Ktfa* 3(***** *****00 CFS *****50 *****41 rwanc *****7. *****2 *****33 *****3 international frcght forwarders CONSOLIDATION SERVICE WEEKLY EUROPE/UK HONG KONG BANGKOK Singapore: BIRKART S E A. Tel: *****11 PI. Keiang: BIRKART SDN278 words
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Advertisement578 1986-08-20 20 uma c*wrm FULLY CONTAINERISED SERVICE TO EUROPE Member ot thf ftce Co ONHTM. OKF MM KOKM MOJM JM toiiK crrsTui KOKJW OMMCI 28> 15/9 16/9 17/9 20/9 23/9 22/9 23/9 24/9 27/9 30/9 29/9 30/9 1/10 4/10 7/10 t/10 7/10 S/10 11/10 14/10 r FROM tUROPF VIA SUEZ I M578 words
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Advertisement345 1986-08-20 20 JXL Hai Sun Hup Co (Pte) ltd fEL *****06 (20 LinesJ TLX RS ***** A F RS ***** I \M I K\ \R I R. Ill) STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS \M INTERMARITIME LTD NmMi (Sefc Afwl) T* *****0 Wurta (S* Afarf) M «***** REUNION/SOUTH345 words
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Advertisement1036 1986-08-20 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) aa i/u vu 1/11 14/* VU IVl* ivm a/i* a/u a/i* a/u 7/u VII IVU •/u a/u 11/1* IVl* IVl* IVM iv* iv* u/» a/* iv i* i*/u a/i* a/u 27/ i* a/i* a/u ii/i* >1/1* 1/11 vu vu t/U l*/u 11/111,036 words
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Page 21 Advertisements
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Advertisement932 1986-08-20 21 PACIFIC INTERNATIONAL LINES \W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 —I FAR EAST CONTAINER SERVICE VESSEL MAJAPAMT GOWA KOTA BIMQA SIN JKT SSV SIN HKQ KAO *TCH KEE BUS *MUB *HTC VOK KOB KEE SaitMi SMtod S«itod In Pt 24/8 25/8 26/8 27/8 2S/8 2/9 4/*932 words
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Advertisement1030 1986-08-20 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT EXPRESS CONTAOER SERVICE FROM UR/CONTKNT ham b-havoir-oam havre ston Ipklang store )for aT o» Edfctawfk bM SjM SaAeO SaM SM 22/1 23/1 *6. nw Bm* SjM M SjM W M 24/1 RI.tt.HS. Frattirt Eipreii SafcO W SM W SaAeO 30/1 31/1 «t TMN1,030 words
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Advertisement577 1986-08-20 21 DJASAGETRI A Joint Europe Sarvtca Of: f.T. OJAKMTA LLOYI P.T. 6ESURI LLOYD f.T. SAMUOERA INDONESIA P.T. TBtKOBA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S PANJANC VU 5 TOR BUM h Pt/K 351 14/} A-MM/TDNM HWt6 nn a/9 J \m* H6| a-3i/« 3/ii S-POK U BONTAM W «B I577 words
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Advertisement417 1986-08-20 21 BOUSTEAD SHIPPING AGENCIES MYOMA TWA W7W PAGAN *102*1 SfTTWAT *2611 (ftsdurtm (My) A AM UAAM rW*WI ITm V* BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon Spore PJ(obfi| 19/20 Aug 21/31 30/31 Am 4/C S^t BANK LINE express soa-comMo CLYDEBANK VltS Spore hPt FORTHBANK VI7S Spore 22/9 (PNG ports:417 words
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Page 22 Advertisements
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Advertisement1065 1986-08-20 22 USA CANAD 0. WIGHT *21 S 1 BRUCE VXE/KMAZNO BHDGE *«2 K GARNET *5 a OREHTAL FREEDOM *10 sp n m sp 20 AUG 21 AUG 22 AUG 24 AUG 29 A* Of ACS GROUP) CMM CONTABtR WW ORBITAL CHEF VSM KOKM MCUN V3SN kptvne crystal vara I) ipin id1,065 words
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Advertisement737 1986-08-20 22 AUSTRALIA EXPRESS CONTAINER SERVICE Acopttm FCL/FCL Contain*™ P K«tan| Iw Vnsct S port MHb F(«* S»dn Aho Accepts CHMOMS V2l 3 Sept 20 Sept ?S Sept 27 Sept Add/Bns V 27 6 Sept MBKMS *30 17 Sept 2 Oct 11 Oct 9 Oct Md/Brs IK *7 21 Sept RAMDAS Kg737 words
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Advertisement594 1986-08-20 22 STRAITS/PERSIAN GULF SERVICE: COUCH KM Oftmto 'KttKta/Ooha/hfcraM/Knart MX OCA HAVEN Catomto/Kjcida/Dote/Miraa GOLDEN LINE GUAM GUAM SHFPMG (PIE) LTD 21. T*k hm SM SHUVOK IIM TO. SMM <11 IMS) PWM|PMM| n/n tai VIS* CHMA OCEAN SHFWNG CO.. PEKMG THE PEOPLE'S REPUBLIC OF CHMA 2S/8 31/1 MteriM/tatawp/HMtei LMGQUMf 22/1 21/1 CAOOCNC 22/9594 words
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Advertisement329 1986-08-20 22 INTRASEA (PTE) LTD R 10 Anson Ro.id «*27 16 Intefnation,*' P .4Z<t Smqaporp 0207 Tel *****11 ;1G Lmesi BREfIKBULK SERVICE TO EUROPE/UK WORLD ARES 080(911 KOREAN PEACE 88K917 rpn P. SaM 22/0 KOT/MT/W (WOM)/XK rot/ant/sete/w (awn) U1 mail ia t Fa ibou-cast rati PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22.329 words
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Page 23 Advertisements
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Advertisement659 1986-08-20 23 44 S pan NEmiC MEMOES PTE. LTD. FI EU/MBT TPA/JU vL7 MlbMn 1"X CH HOOK *****77 2785/53 *****42 27C9977 man *****53 at hect un *****19 27*114 H f«r hurt lr««M ««Mm. ptnM ul *****44 NEPTUNE ORIENT LINES LTD IS ES£B:S!!:;iSSS!SS M hwi KFIK SON. BM>. *****9/*****5/*****0/*****1/*****2 FAR -EAST/EUROPE FULLY CONTAINERISED659 words
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Advertisement382 1986-08-20 23 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUS AN, INCHON Vnuk tan lb J Oaum tOCN t Daa/Hl E Lota Wi t dmjm Hi. 7 omm/M7N Hi 9 Daum/MTM lb. Dwan/tMN TBJL/M7 Hi I Dm UW Spn ta PM 4/1 <•*-»•) V 9 17/9382 words
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Advertisement515 1986-08-20 23 m swsov SINGAPORE SOVET SHIPPING CO PRIVATE LTD SWSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SWSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f KELANG KMANG M/S SHMKAT NAM SOON SON. WD. IST AND 2M) FIOOK. MESSRS HN THONG515 words
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Advertisement72 1986-08-20 23 Yf//sm/v tl L/ivi JAPAN HONIRONC STHAIM HM(kM| ttvprn PJOMI PMMC NPfO MMtU 3* SjM SjM SSO MAJtU NO I ¥.27* SaM 23/1 2S/I 1 KOBE (MRU V.103A 2t/« 2/9 Gmral wvey tor ILV Mam V.3A b« ImW «Mm ta| M 6*l K-2C km 0900-1200 In. Tkvt «l h toft* wnwy72 words
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Page 24 Advertisements
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Advertisement370 1986-08-20 24 (fflffl REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS SINGAPORE In Pt EU SEA DRAGON PIYA BHUM E3ZIESBI C313E8121 liiT^TTTn| essih 125J3 QQ Jif-7i."18 1 enema IBE2I EDM ESEI ***** ■WHHlil EH SEA DRAGON P(YA BHUM EZ3 n«/Tii 111-12/9 TO SOUTH THAILAND [9 v/:m n Esn m nre ion m370 words
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Page 24 Miscellaneous
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Miscellaneous144 1986-08-20 24 p s I e Ss! V h\ °C /x CT'" SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Weather Wind direction with speed in knots *****1 Wave height Cloudy Sky Saifaee wMi are htotwl by artm which fly with the wtai One full144 words
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Page 25 Advertisements
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Advertisement167 1986-08-20 25 "HOime LEE-HL4 25/1 26/8 CWttafont/Chaku •HVE SUNG-MNI2 20/1 21/1 CNta{onf/Ch4u (Fuly Containerised Scnice) *cc«ptaf CantMin (Fa. 10. I SOC) *50 Tw huwflft mtaMi LCL/FCL TO HONG KONG/CHINA Eld 24/8 Also accepts LCL/FCL to other destns. SMSAfOK TEL *****11 (12 IMS) TOUT KQJWG TEL *****07/ I POKING TEL 3SMO7/XMM MSC AGENCKS167 words
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Advertisement297 1986-08-20 25 HAI FENG MARINE PTE. LTD T«fc *****00 (7 LINES) LOADING FOR SHANGHAI Vessel ETA ETD A VESSEL 22/8 26/8 TFS INTERNATIONAL TRANSOCEAN (Ml SDN. BHD. > W.'lll Qu i, >nd ttf I IO.'OO Pwmhq Tw *1044?. tß TI« MA4O7 10 TFSPC. f.M V 04 6? "35 TRANSOCEAN BONDED TRUCK SERVO297 words
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Advertisement492 1986-08-20 25 VANCOUVER S.C. CANADA fSSRii i ls xv ramiomoiii SUM 10MNNE FM LOS MGELH. SAN FIANCSCO 01 Tin* BOA m PMH rwxw VM ama rn/t 2-4/1 j. 7 m/i wjsn n-is/i »i/ M m/m j-u/m ono lomme rain aai ci kucokxt NMKSM/ NUi CONVDmOMM. SOtVNX 10ADMG FOi MORAS MUM BONMT v®,492 words
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Advertisement118 1986-08-20 25 T> CN C LINES General CONTINENTAL FEEDERS PTE LTD Agents Tel: *****51 Term'ral *****16 IJJI T All AN MARINE CO. PTE LTD. Mm. BAT AM DUMAI PEKAN BAKU REGULAR SERVICE VESSEL ETA ETO LOADING FOR ENG TOO 95 20/8 22/8 BATAM NASIONAL JAYA 26/8 29/8 DUMAI/P BARU NASIONAL 30/8 2/9118 words
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Advertisement187 1986-08-20 25 EEJI Ji- .f.'.11.' 1:5 n>. TAIWAN TO SMGAPORE I ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* C. 91 AT Ml V SjM 11/ l 6 SELATM M SjM 17/1 19/1 C. SELATM Id *43 2/1 4/9 6 VESSELS OF LOG 3 w as OCEM MH MMWE CORP PTE187 words
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Page 26 Advertisements
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Advertisement443 1986-08-20 26 FINE-LINER SHIPPING PTE LTD TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MDOLE EAST SERVICE 21/1, 9/9 DUBAI. BAHRAIN. MUSCAT. DOHA. DAMMAN. 13/9 KUWAIT ABU DHABI HONGKONG/CWNA SERVICE 24/1, 31/1 HNGANG, BEUMG. TIANJM, SIOOU. SHANGHAI. GUANGZHOU, NHAMPOA 26/f. 3/9 BANGKOK 2t/t MADRAS AUSTRALIA 22/1, 4/9 SVD, MEL,443 words
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Advertisement384 1986-08-20 26 HEAP SENG TRADING ft SHIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MLE TOWER SINGAPORE 0710 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HEAPCO *****1 yv i t* I..»\H>i .'i3.ii LANPUNG *173* 23/24 21/27 ta| UNTUNE VI74K 30 A* 2/3 S«» LMNWG VITSOf (S#t 9/10 W IMMNC VI384 words
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Advertisement588 1986-08-20 26 la C.Y. LINE (A M«mbtr Of The ACE Consortium) CHO VANG SHIPPING CO. LTD FU.LJ CONTMUSED SERVICE 10 EUKTC (WA SB) CMNA CONTUKII XN OHNTU OXF MM KOKAN MOJM nm KFTUC OTOIAI FULLY CONTAIOISED SERVICE FROM EUROPE (VIA SUEZ) AbfN!S STRAITS CONTAINS AGfNCNS PTf UD lb HOf CHIANG ROAD SANfOKD588 words
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Advertisement626 1986-08-20 26 Everett Lines 'EVERETT ORIENT LINE"2 JAPAN/BAY OF BENGAL/JAP AW SERVICE 8 LOADING FOR HONGKONG*. YOKOHAMA. KOBE, NAGOYA, MO** AND OTHER iAPAN PORTS* COMPANA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" laadmf lot Cilao «o »nd a* other Petunjo ports mill tianslupownt it Hot* On CPY Throufti Ms ot l«kif to626 words
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Advertisement216 1986-08-20 26 ZIM D9DS9I nxM am IM« an SMM ISJJI BWt ::r zm eilat contamer im (It U ft Kt TB o* smai zi/t 1/1 i4/i 14/1 11/1 21/1 22/1 jom »/i a/i a/i t/tt vm vu vu fa U Empm* art Mi a i 111 Nrtv Mm LO/m to IM MM*216 words
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