The Business Times, 21 August 1986

Total Pages: 26
1 26 The Business Times
  • 13 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, AUGUST 21, 198 C 75 CENTS
    13 words
  • 465 1  -  Most are not attuned to overseas markets, says ECICS manager By ELAINE KOH SINGAPORE companies have a poor approach to exporting. This criticism came from by Mr Foo Kok Swee, general manager of the Export Credit Insurance Corporation of Singapore (ECICS). "The world
    465 words
  • 549 1 THE POTENTIAL SUPPLY of private housing, offices and shop space coming into the market in the next five years has shrunk by between 12 per cent and 24 per cent since September last year. And with a greater rise in additional supply
    549 words
  • 111 1 THE Public Utilities Board has tightened its water supply regulations. The move is in line with efforts to upgrade plumbing and water supply practices in Singapore. The amended regulations, which come into effect on September 1, require new water storage tanks to be made of copper,
    111 words
  • 80 1 CASH-RICH Haw Par Brothers International, a favourite of stock market investors, has released better than expected results for the first half of 1906. The 77 per cent jump in group pre-tax profits is even more impressive than the sharp appreciation in its share value since the market
    80 words
  • 314 1  -  By MANO SABNANI SINGAPORE and Brunei seem set to enhance further the already close ties that exist between the two countries. That some groundwork has been done for this higher plane of cooperation was evident from the brief speeches delivered last night
    314 words
  • 149 1 UPI THE SOVIET UNION has asked to take part in the forthcoming new round of global trade liberalisation negotiations, the General Agreement on Tariffs and Trade (Gatt) said yesterday. Moscow told Gatt that it planned changes in its foreign trade system and
    UPI  -  149 words
  • Article, Illustration
    91 1 LATE BUYING at Imr levels helped Am prices to iwhwi their earitor tome «I the Stagapare stock market yesterday. As a remit, the market flatahed mixed. The Straits Hmes ladastrial Index, which tost IM paints at midday, finished ealy 1.41 paint tower at MZJ4. The BT Cempeslte Index
    91 words
  • 264 1 HAVE YOU GOT a Boeing 747 SP jumbo Jet you don't want? If so, Air-India would like to hear from you. The airline is in the market for just such an aircraft, and yesterday used the advertising power of BT and The Straits Times
    264 words
  • 117 1 AP THE PERSONAL INCOMES of Americans rose 0.5 per cent in July, the biggest increase in three months, but consumer spending rose only modestly, the US government reported yesterday. The slowdown in spending reflects the weak income gains of the last two months. Analysts
    AP  -  117 words
  • 294 1 THE SOARING TEN has prompted Yoshikawa Chemicals Singapore to pot more money into its new project here, raising the investment value to $100 million. Chairman Shiro Yoshikawa yesterday said the additions! investment of about $30 million was needed because the yen's growing strength had jacked
    294 words
  • Page 1 Advertisements
    • 100 1 Cassette Receiver H2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****22 Kuala Lumpur: Phone; *****33 Phone; *****5/*****1 Jakarta: Phone; *****5 Start of A New Experience Kinta-Mani. Transports the old world charm of Indonesia to you. Tastefully furnished and decorated with art and batik that's uniquely Indonesian. Lunch or
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    • 254 1 Laadsr, Pags 8; Naglact Amm at your psril, Pag* 2; ECICS results, Pag* 6 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV S RADIO BRIBTOW DOONESBURY OUR VIEW CRITICISM OF SINGAPORE'S export performonce by ECICS general manager Mr Foo Kok Swee should not be ignored. It is vital
      254 words
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  • HOME NEWS
    • 467 2  -  Professor identifies plus factors for American recovery By MONICA GWEE A "MASSIVE" change in the US administration's attitude towards lowering the high dollar and America's trade deficit of US$l2O billion a year augurs well for the US economy. It can expect to avoid recession
      467 words
    • 75 2 A TALK on Cross-Cultural Communications will be held on Friday, Aug 22, at the Hyatt Hotel. Organised by the Rotary Club (Pandan Valley), the talk will be given by Michael Loh, a creative management engineering consultant. Mr Loh, whose work on cross-cultural communications has
      75 words
    • 38 2 The US DOLLAR fell to a sixmonth low against the Singapore currency on Aug 14, and not a 17-month low as reported in the Business Times yesterday and on Aug 15. The error is regretted.
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    • 214 2 THE HASTY attempt by some managements to combine wage restraint and wage reform in their new collective agreements has soured industrial relations in some cases, said Mr Ong Teng Cheong, secretary-general of the National Trades Union Congress. He noted that they had jumped
      214 words
    • 220 2 WORKERS' one-month annual wage supplement must not be cut since lower income workers depend on it to meet seasonal expenditure. "To remove it, or even to adjust it downwards, will cause hardship," said Mr Lim Boon Heng, assistant secretary-general of
      220 words
    • 487 2  -  By BRIAN GOMEZ THE FORCES OF supply and demand will catch up with the "devastating" impact of low oil prices and keep pushing them upwards, according to a US energy expert. Rising demand, along with the closure of some US oil production, has already
      487 words
    • 356 2 THE AUSTRALIAN oil industry, hurting badly from the slump in world oil prices, has slashed exploration and production activity. Earnings from oil exports have also plummetted. Oil exploration activity could decline by 50 per cent from the record levels set in 1965, according to
      356 words
    • 458 2 FALLING OIL exploration activity in Indonesia has been accompanied by declining success ratios as well as a reduction in the size of new oilfields. This was the revealed yesterday at the Circum-Pacific Energy and Mineral Resources Conference held at the Raffles City Convention Centre. Mr
      458 words
    • 238 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Sep 1 Preparing Yourself for Shongri-La Hotel AGS Management *****90 the China Market Consultants Pte Ltd Sep 1-26 QC Circle Facilitator National National *****34 Course Productivity Board Productivity Board Sep 2 Manufacturing Singapore Singapore *****11 Engineering and Manufacturers' Manufacturers' ext 38
      238 words
    • 543 3 WORK HAS started on a |26.3 million expansion project at the Ngee Ann Polytechnic, where a $300-million second five-year extension programme was just completed. The new extended campus will be officially opened in October, but work has already begun
      543 words
    • 200 3 HIS WERE NOT strings of A's but Che Sin Quee stood tall, in line with all the medal and book prize winners at the fifth Ngee Ann Polytechnic graduation yesterday. The 22-year-old received a special award for being Singapore's first deaf-mute to graduate
      200 words
    • 177 3 PRIME COMPUTER (Singapore) Pte Ltd has landed a $600,000 contract to supply the National University of Singapore with computers and software for its school of hniiriing and estate management. The system includes a Prime 2655 minicomputer, 630 megabytes of fixed disk storage,
      177 words
    • 352 3  -  By ANNA TEO IF MR H PAL SHARMA's plans are realised, joggers and tennis players in Europe will be wearing made-in-Singapore Patrick shoes in future a name seen on the feet of soccer stars Michel Platini, Kevin Keegan and badminton maestro
      352 words
    • 268 3 LAURIE H MAGNUB has been named general manager and Jefea W Rae is now alternate general manager of the Singapore branch of Samuel Montagu and Co Limited following the transfer of Robert J Opiat elsewhere in the Samuel Montagu Group. CHAN KEE HEE has been appointed general
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    • 325 3 FIVE companies are cooperating to help celebrate Singapore's 21st birthday. Backed by the Communications and Information Ministry, they are organising a forum on the theme of excellence. The five companies are AL Marh-Ad, Canon Singapore, Goethe-Institut Singapore, Lufthansa German Airlines, and The Mandarin
      325 words
    • 299 3 JAPAN has been told to pay more attention to South-east Asia otherwise the neglect could have dire consequences. The warning came from Singapore's ambassador to Tokyo, Mr Lee Khoon Choy, in an interview published in the Aug 2 edition of the
      299 words
    • 247 3  -  By LIM SOON NEO HIGH-FLIER Singapore Airlines has come up tops again in an in-depth survey conducted recently among frequent air travellers in the Asia-Pacific region. In the 1906 survey conducted by the US-based independent market research firm of International Travel Research
      247 words
  • Page 2 Advertisements
    • 221 2 P H I LIP S A I) I) S N i; I) I M I S I <) N S I INFORMATION M A N A (i I M I N I i communications ei riaency, you caa Philips Sopho-TBX telephone system. Sopho-TBX is a high perfonnance PABX that's remarkably
      221 words

  • Page 3 Advertisements
    • 180 3 Prompt pick-up and delivery 24 hours a day HOTEL BOOKINGS SERVICE W Tfele Hotel International ROOM ANY PLACE ANY TIME THE ONLY NAME YOU NEED TO REMEMBER KUALA LUMPUR ?77 GOLDEN TRIANGLE ORCHARD ROAD AREA Luxury Class Hotel Business Class Hotel from MS 80 per night single from SS 50
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    • 153 3 rs n lir'a. d the mm i fm i m W M 111 ri !«-3K 'V. B (f i 0 s»> tffi I 1 *w\ i A M Ya m j V, II in I M H £5 s s ■ft*. arm* t#aS<tS Hfrtt Atttt»M9K MA 7J «iSf *#>*« Featuring
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  • ASIA-PACIFIC
    • 393 4  -  By DAVID GABRIEL THE AUSTRALIAN budget, delivered on Tuesday evening by Treasurer Paul Keating, should stem the slide of the Australian dollar. This was suggested by Mr Owen Felsman, senior manager of the Commonwealth Bank of Australia, at the Australian Business Council
      393 words
    • 341 4 AP SOUTH KOREA could lose up to US$2 billion in annual exports to the US and six other major trading partners if the Korean currency appreciates by 10 per cent, the Korea Trade Promotion Corp (Kotra)
      AP  -  341 words
    • 281 4 AFP THE US is threatening to reduce Generalised System of Preferences (GSP) benefits to South Korea drastically as it pressures the country to open its markets wider to American products, officials in Seoul have said. Korean Trade and Industry Ministry officials said the
      AFP  -  281 words
    • 162 4 Reuter THE PAPUA New Guinea government rushed new laws through parliament yesterday to prevent the introduction of television into the South Pacific country until January, 1968. The legislation, passed without debate, provides for a penalty of up to one million kina
      Reuter  -  162 words
    • 313 4 UPI CHINA will allow the International Atomic Energy Agency to inspect a controversial nuclear plant being built 64 km from Hongkong, the Ministry of Nuclear Industry has confirmed. The announcement comes as a delegation of Hongkong residents is in Beijing to present
      UPI  -  313 words
    • 217 4 AP PRIME MINISTER Rajiv Gandhi, saying India is under increasing pressure from foreign powers to change its policies, declared on Tuesday that the nation's freedom cannot be bartered for economic benefits. "India will not bow to such pressure," Mr Gandhi told
      AP  -  217 words
    • 199 4 AP JAPAN'S first nuclear power reactor, which ended its role as a test plant 10 years ago, will be scrapped beginning later this year. Keiko Okubo, spokeswoman of the governmentaffiliated Japan Atomic Energy Research Institute, said yesterday that the dismantling of the boiling-wa-ter demonstration reactor
      AP  -  199 words
    • 844 4 ARRIVALS Operator Service Local From number titi ne SIA SQ1I7 0005 KUL LUFT LH688 0010 FRA/DXB UA UA805 0010 JFK/SFO/HKG MAS MH68I 0820 KUL MAS MH811 0910 PEN MAS MH67I 0920 KUL SIA SQI03 0950 KUL AC AC858 0950 YYZ/LHR/BOM CPA CX7I0 1015 CGK MAS MH603 1020
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    • 648 4 Reuter THE BITTER JOKE going around Japan's government ministries a while ago went: "If Soviet missiles were fired at Japan, would the tax bureau need to find out whether they had been cleared for import duty?" The jibe highlighted growing concern among
      Reuter  -  648 words
  • Page 4 Advertisements
    • 169 4 Enjoy a meal with us v •H--m -"Si ■m gSi«Sj> L -W .™A. i 1 I rt 4 round trip airtickets to Mauritius A banquet worth $500 for 10 persons plus a bottle of Courvoisier XO (Quart Size) A case of Deinhard Bernkastel Green Label Wine plus a bottle of
      169 words
    • 0 4 _$(|`~@|!.$&=&:_+`>_^>^'%<&'{,_
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    • 165 4 International Conferences tor the Electrical Electronics Industries in ASIA 21 24 October 1986 World Trad© Centre Singapore Featuring Power CorwMton and Industrial Conftai 2? 23 October Trod* and fcuertrnenl Opportunism In A»earv P»C and Indta 21-22 October Alto featuring Tatar** on Factory CcmTKriicator* and Devetopmert ct VLSI-Ba»d Pnx*jcts 21 October
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  • REST OF THE WORLD
    • 451 5 Reuter CANADA'S inflation rate has risen to its highest level since January, but economists say the surge could be an aberration that will be corrected over the rest of the year. The country's inflation rate has been significantly higher than most of
      Reuter  -  451 words
    • 274 5 AFP THE SOVIET UNION has agreed to reciprocal monitoring of military manoeuvres of members of the 35-nation Conference on Disarmament in Europe (CDE) within "a strictly limited" quota of one or two inspections a year. The concession, announced by chief Soviet negotiator Oleg Grinevski on
      AFP  -  274 words
    • 146 5 UPI MOSCOW'S own "Star Wars" anti-missile research programme may have suffered a setback this year when an airborne test laboratory was destroyed by fire, a Western defence magazine has reported. The International Defence Review, a monthly military journal published by the
      UPI  -  146 words
    • 278 5 NYT ANALYSTS from the International Monetary Fund have arrived in Brazil for their annual fact-finding mission, to be met with a series of conflicting reports on the health of the economy. While several key indicators industrial growth, inflation and visible trade figures continue
      NYT  -  278 words
    • 514 5 Reuter PRESSURE for new interest rate cuts to stimulate a sagging US economy are mounting after figures show weaker-than-expec-ted growth and a sharply rising budget deficit. The Commerce Department said on Tuesday gross national product (GNP) expanded at a miserly 0.6 per cent
      Reuter  -  514 words
    • 235 5 AP AMERICANS added more than 1.6 million to the country's population last year, even though people are no longer having children at a sufficient rate to replace themselves, new census figures show. The US population was 240,468,000 as of Jan 1, up
      AP  -  235 words
  • Page 5 Advertisements
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      97 words
  • Page 5 Miscellaneous
    • 56 5 Doonesbury m m fill I* toS!« SANTA MHO? THE HEIS,AUCE. BUM TOLD ME HE H&SREPORTHPSPOiWSOMZ /N6ON THE MORE SHOWS ON /m-$i££PHG THE HOMELESS! ORPfNANCB rw mißMf BY GARRY TRUDEAU r IN SANTA BARBARA, THEY ARREST PEOPLE FOR SLEEPS OUTDOORS TfcmßJ OFTHEJRPRO6RAMFOROONTROLUNG HOMEi&SNESS. Wi33 iSSaHHi I 'JSSssIL 9RRBAP PRB9S! 'BM,TROU-- BREATH.'
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  • BANKING AND FINANCE
    • 590 6  -  Financial Correspondent By SOH TIANG KENG, THE EXPORT Credit Insurance Corporation of Singapore (ECICS) has put up an improved performance for the first half of this year, raking in a net operating surplus of $4.34 million. This is a 36 per cent increase over
      590 words
    • 310 6  -  By ALVIN TAY AN OFFSHORE BANK was set up in Singapore by Norway's Christiania Bank on Aug 15 only lVi month after having sold its shares in a local merchant bank PK Christiania Bank (South-east Asia) Ltd. The Singapore branch will act as the
      310 words
    • 165 6 UPI BANKS and financial institutions in the US, Britain and Japan averaged more than US$24O billion a day in gross foreign exchange transactions last March, according to studies released by central banks on Tuesday. American banks and financial institutions had gross
      UPI  -  165 words
    • 87 6 Reuter JAPAN'S Finance Ministry is preparing the first ever public placement of 20-year government bonds in October, but is not considering making such issues quarterly. Sources in Tokyo said the ministry and the banking and securities sectors had agreed the bonds would
      Reuter  -  87 words
    • 490 6 AP US BANKERS say a new tax law Congress is expected to pass would discourage banks from lending to poor countries at a time when Treasury Secretary James Baker is urging them to make new loans. And the proposed new law comes
      AP  -  490 words
  • MONEY AND EXCHANGES
    • 874 6 Reuter SINGAPORE: The US dollar yesterday closed mixed against most major currencies after fluctuating narrowly on some selling and buying in moderate trading. Dealers said sentiment for the dollar remained bearish after its sharp fall in New York on Tuesday following a steep downward revision in the US
      Reuter  -  874 words
    • 70 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-3/8 per cent yesterday, up 5/8 point from Tuesday's close. The one-month term rate rose 1/8 point while the two- and three-month rates improved by 1/16 point each. S$ Interbonk rotes at 7pm yesterday: OH«f Ik5 Over4
      70 words
    • Article, Illustration
      361 6 Asian ASIAN DOLLAR deposit rates closed easier yesterday on continued lending interest in moderate trading. The lower rates were due to news of a steep downward revision in US second-quarter GNP data to 0.6 per cent. Overnight closed at 65/16 6-3/16 per cent, down 3/16 point from Tuesday and week
      361 words
    • 244 6 Interbank rates at 3pm yesterday: ■id Oflar c roM parity change Local dollars to one umt of foreign currency: US dolor 2 1465 2 1475 2 8196 -2387 Sterling pound 3 2304 3 2341 7 3469 -56 03 Austroban dolor 1 3093 1 3121 3 4286 -61.81 NZ
      244 words
    • 477 6 EURODOLLAR futures yesterday gapped sharply higher and remained firm throughout the session on bullish sentiment after the weaker-than-expected revised second-quarter US GNP which heightened expectation of a discount rate cut in the near term. The December contract traded steadily between 93.96 and 93.97 in the early part of the
      477 words
    • 219 6 HONGKONG: Gold closed higher yesterday, and ended at U*****.80/$377.30 an ounce against New York's final $374.00/50. On the local market, fold ended HK$4l higher at 3,489 a tael. The Krugerrand rose $30 to $2,900. The Maple Leaf rose $3 to $3,018. TOKYO; Yen-denominated gold futures closed six to 19
      219 words
  • Page 6 Advertisements
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      162 words

  • WORLD BACKGROUND
    • 632 7 Overheard at a party that Reagan'll strike out Reuter A THIRD WORLD diplomat with perfect textbook English is posted to Washington, attends his first cocktail party and encounters a baffling obstacle the American language. He might hear people uttering such phrases as: Reagan'll strike out unless he goes on the
      Reuter  -  632 words
    • 883 7  -  Wage restraint and current account deficit not dealt with By FLORENCE CHONG AS AUSTRALIAN Treasurer Paul Keating delivered his so-called "horror" budget in Canberra, the Australian dollar rose to just over 64 US cents in overseas trading. Within an hour it slid
      883 words
    • 164 7 Reuter BRITONS in Australia on working holidays and new arrivals from New Zealand will no longer be eligible for unemployment benefits because of spending cuts announced in Tuesday's budget. British tourists have been claiming A 594.40 a week for singles under a 33-year-old
      Reuter  -  164 words
  • Page 7 Advertisements
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  • FEATURES
    • 497 8 THE TRADE FIGURES for the first seven months of this year told a bald story exports were down from $29.8 billion over the same period of last year, to $27.7 billion. Mr Foo Kok Swee, general manager of the Export Credit Insurance Corporation of Singapore, filled it
      497 words
    • 1318 8  -  One of the largest wool-scouring companies in the world is setting up a plant in Singapore that will have several spin-offs in terms of new technology, employment and trade in wool with Australia and New Zealand, reports LOH HUI YIN. LOH HUI
      1,318 words
    • 534 8  - Real estate body misconceptions Letter to the Editor Goh Tiam Lock President Slog»pore Institute of Surveyors 4 Valuers Dear Sir, I refer to Mr John M Carter's letter on "A question of free choice" (BT 5/8/86) and shall be grateful if you will allow me to correct some of his
      534 words
  • Page 8 Advertisements
    • 207 8 VIEWS the real ...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
      207 words
    • 142 8 4 I -<' < aK» 1 A > k V m w I COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn
      142 words

  • SPORTS
    • 261 9 AP THIRD-SEEDED Stefan Edberg took a first-round victory in Ohio on Tuesday in the U*****,000 ATP championships by downing Nigerian Tony Mmoh 6-2, 6-3. Edberg said the courts were faster at the Jack Nicklaus Sports Centre than at the Canadian Open, where
      AP  -  261 words
    • 146 9 AP BORIS BECKER, the Wimbledon champion, is the top seed in next month's U*****,000 West German Open tennis championships following the withdrawal of Mats Wilander of Sweden. Wilander, the second-ranked tennis player in the world, has announced he will take a twomonth break from tennis after
      AP  -  146 words
    • 690 9 NYT GROOVY, the eccentric and speed-crazy three-year-old who has found a new career sprinting, led at every call through blazing fractions and held off Turkoman by three-quarters of a length to win the U*****,200 Forego Handicap on Sunday at Saratoga, New York. The winner, who
      NYT  -  690 words
    • 605 9 THE PICTURESQUE landscape of the Sentosa Golf Course with its lakes, lush greenery, tree-lined fairways and gently undulating terrain is every real estate developer's dream. But tomorrow, this same dreamscape could turn out to be the scourge of 70 golfers who'll be teeing off in
      605 words
    • 660 9 AFP EAST GERMANY'S fearsome battalion of women swimmers smashed two more world records on Tuesday at the world championships in Madrid, as Kristin Otto clocked the fastest ever 100 m freestyle time in the first leg of a record-breaking relay. The East German quartet's high-speed
      AFP; Reuter  -  660 words
    • 93 9 AFP GUATEMALA and Jordan have withdrawn from the world cycling championships beginning in Colorado next week, but 61 other nations have entered to form the largest field in the sport's history. Organisers said on Tuesday that representatives of Guatemala and Jordan gave no specific reason for
      AFP  -  93 words
    • 235 9 AP EDWIN MOSES, unbeaten in 400-metre hurdles since 1977, extended his winning streak to a record 117 straight races in Malmo, Sweden, on Tuesday, missed his world record by move than a second. Moses had an unofficial winning time of 48.28
      AP  -  235 words
  • Page 9 Miscellaneous
    • 1124 9 TO vm GMDUD \\b 5 M 111 t H i Pearl with her little grand-daughter Susan and her adoptad daughtars Mary Chlako (laft) and Joanna. AMERICAN IMMORTALS: Paarl Buck l Tha Woman, «ha World and Two Good Earths 10pm, Channal 12 The first programme in this historical journey through the
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    • 678 9 CRYPTIC PUZZLE ACROSS I Illusion causing motorway madness? (6) 7 Jewellery or collar trimming (8) BOf all-round musicians? (4) 10 Is out of the game, perhaps, making pictures (6) 11 Result achieved by the cause (6) 14 Such a herring is ruddy misleading' (3) 16 Drops, aU in (5) 17
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  • INTERNATIONAL STOCKS
    • 391 10 Reuter THE US SECURITIES and Exchange Commission does not have enough staff to regulate adequately the securities markets, according to House Commerce Committee chairman John Dingell. "The lack of staff resources due to budget cuts is keeping the SEC from effective implementation and enforcement
      Reuter  -  391 words
    • 92 10 Reuter DREXEL Burnham Lambert Inc has announced that its capital base increased to US$l.5 billion as o( Aug 12, up 50 per cent from February when it was US$l billion. The company said 70 per cent of its capital was equity. The investment banking
      Reuter  -  92 words
    • 322 10 Reuter WALL STREET stocks edged lower on Tuesday, ending a string of six consecutive gains among blue chips, as indications of a weaker US economy gave investors an excuse to take profits. Pressure was light, however, since lacklustre economic data boosted bonds amid talk
      Reuter  -  322 words
    • 123 10 AUG 19 cs Imp CM O A lnco_ bit Prov Wp# lu kit* 42* IS* 38 17* unch Alcon Alum 41* Karr Addnon 16* unch Bonk Nova Scotia 15* Lobtow Co Mc BkxM 12* 38* unch Bonk Of Montreal B«i Canada Bp Rnourcn 38* 29 inch Mohan A Moors
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    • 217 10 AUG 19 Umd Tongool 735 125 5 50 4 Wooftm 1250 A AJpho Abarcom A«o 1 ISO 290 1375 no 25 inch 25 5 MM Anglo* M6S 5675 25 4925 Angvool *****6 inch 1895 25 75 .5 B^vooc 2200 -50 2775 Butt ate 9800 100 220 Chortar 1900 75
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    • 622 10 AUG 1* USS Aicon Akmn 30 Alcoa 36* ■1* Aftag M 17 AM Sag 41* AM S(o>n 50* •K Afc-Ox*n«n 3* Am Brandt knc 92* Am Can Co S7* Am Cyananad 84* Am Bac Pw 30 Am Exprau 61* Am Horn# Prod 92* •1* Am Motors Cp 2*
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    • 856 10 Amsterdam AUG 1* FW ABN 593 00 -13 Aagon 104 60 +0-4 Ahold 96 70 +0.6 Akzo 161 AO +0 5 A*«nto 152 80 0.2 AMEV 11 U undi Amro Bank 108 80 12 A* Stod 126.50 -0.S Barkai 39 00 +1 Boraumq ***** +I.2 Buatvman Tm« od*...
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  • Page 10 Advertisements
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      178 words

  • ASIAN STOCKS
    • 331 11 HONGKONG: Share prices yesterday closed slightly higher, overcoming a late-morning bout of profit-taking. The Hang Seng Index ended 5.59 points higher at 1,941.28 while the broader-based Hongkong Index rose 1.44 to 1,213.22. Brokers said many institutions stayed on the sidelines, unwilling to commit new funds until the market underwent
      331 words
    • 240 11 AUG 20 KT 1.67 22.80 -0 07 -0.2 unch -1.3 -04 Kuochan Dev Lea Chang Yuan Cham Indus 21.30 26 80 -02 -07 Alio Cement Lion Hwo Indus 1060 35 10 +0.4 0 2 Colt <oy Cora Chang Hwa Bank 39 90 23 00 Nat hvestment Trust 347 50
      240 words
    • 407 11 TOKYO: Share prices yesterday closed higher in record volume on buying aimed mainly at large capital issues and fuelled by expectations of coordinated international discount rate cuts. The market average rose 143.63 points to a record close of 18,936.24, after touching a peak of 18,978.49 in early afternoon. It
      407 words
    • 85 11 AUG 20 P—CM Mor»taal Onantal B 0013 inch Phi Ovareaoi 0014 -0 001 Acop Mmng Anglo Phi Z" ***** unch PWax B -001 Apax Mnng 8 0013 -0 001 Pic op B PLOT Alhn Con B 14 unch 0.0012 inch San Mtguat B 64 unch 0 005 Saotront 0
      85 words
    • 427 11 SYDNEY: Australian share markets yesterday closed lower in moderate trading as bullish sentiment after Tuesday night's federal budget gave way to widespread profit-taking among leading industrial and mining stocks. At the close of trading, the All Ordinaries Index was 7.7 points lower at 1177.6 and the All Indus- trials
      427 words
    • 85 11 AUG 20 W« 1975 -14 Kangwon bid Kio Motor Koton bid 1180 2000 2435 •35 -39 35 Doeim hid 560 -5 -24 -15 ♦2 120 24 25 Korea Long Term Lucky Ltd 1670 30 Daewoo Heavy Dong Ah Phar Dong Suh Stock Donabu StMl Gold Star 1470 857 1640
      85 words
    • 135 11 BANGKOK: The Securities Exchange of Thailand Index yesterday rose 1.52 to 144.59. Turnover amounted to 305,521 shares valued at 53.4 million baht. AUG 20 •ekn Swm Cement Sam Oien S«am Citizens 603 18 Alio F*x» Ayudhyo kweitment Bangkok Agro-tod n nn B DOnR Bank Of Ayutiyo Charoong Iha W»«
      135 words
    • 45 11 Reuter NEWMANS Air Consortium a joint venture between Australia's Ansett Transport Industries, Brierley Investments Ltd, and tourist and transport operator Newmans Group Ltd has announced that it will begin flying on New Zealand's main trunk routes from next year. Reuter
      Reuter  -  45 words
    • 400 11 Southland to recommend bid to shareholders Reuter FLETCHER Challenge Ltd (FCL) has launched a NZ$l6.B million takeover offer for 44 per cent of Southland Frozen Meat Ltd (SFM) to bring its total holding to 100 per cent. FCL has told the stock exchange
      Reuter  -  400 words
    • 132 11 UPI GENERAL MOTORS of Canada Ltd and Suzuki Motor Co of Japan will unveil plans next week for a Cs6so million joint venture in Canada to build subcompact cars for sale to Canadian and US markets. GM and Suzuki issued invitations to an announcement
      UPI  -  132 words
    • 121 11 Reuter CHINA STEAM Merchants Navigation Co Ltd (CSMNC) of China has obtained approval from the People's Bank of China to open a bank in the Shenzhen special economic zone close to China's border with Hongkong. A spokesman for the company
      Reuter  -  121 words
    • 111 11 Reuter AB VOLVO has decided to apply to list its shares on the Tokyo Stock Exchange as part of the company's strategy to cater to a wider range of international investors. Volvo said in a statement released in Stockholm that the listing
      Reuter  -  111 words
  • Page 11 Advertisements
    • 145 11 m B rrMßi Kis.- Start ofA New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine is only half the experience. The
      145 words
    • 128 11 mi r iA i v 4 1 i All the Bell's Whisky you call for... ...during lunch or dinner is on the house! And that goes for any beer or soft drink between July 1 st and September 30th. Call 732 1222 ext. 1589 Cheers! Ample free parking. I A©
      128 words
    • 86 11 *4 Temptations served round the clock Only at Cafe Excelsior A delightful selection of western and local favourites Hong Kong style noodles and congee A superb High Tea Buffet Served daily from 3pm to 6pm ExceKior Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 ~"f*3 113 "ciT arjikal 1 th
      86 words
    • 152 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday p 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      152 words
    • 135 11 V rvJ Mo<rtP°P Mlßr i i HOT DISCO COUNTRY SENTIMENTAL POP ROCK* and you name it!! Mod* Wong Singapore's very own Slim Whitman with country favourites and oldies. Happy Hours: 5-7pm Buy one get one free (except premium brands) CAJRNHILL HOTEL 19Cairnhill Circle, S p0re0922. Tel: *****22 Eat all that
      135 words

  • RAW MATERIALS
    • 489 12 Reuter GOLD and platinum prices look set for further rises, in spite of a partial reversal of last week's dramatic gains. "The upward trend is still intact," said one dealer at a major Swiss bank. He described the slight falls in prices since
      Reuter  -  489 words
    • 273 12 FT MG SERVICES of London and the Metals A Minerals Trading Corp (MMTC) of India have signed an agreement to trade some US$4OO million in goods over the next two years. The counter-trade agreement was signed earlier this month, Mr Yves Kupfermunz, MG Services's managing
      FT  -  273 words
    • 232 12 Reuter INDONESIA exported 9,200 tonnes of tin in the first five months of 1966, up from 8,300 tonnes in the same period of 1965, its central bank has said. Exports were highest in April, 2,300 tonnes, and March, 2,100 tonnes, but fell to 1,700
      Reuter  -  232 words
    • 150 12 AP MALAYSIA will participate in a meeting of tin-producing countries in Jakarta in October to discuss ways to boost low tin prices. Primary Industries Minister Dr Lim Keng Yaik said yesterday that an initiative by Brazil to call the conference was an
      AP  -  150 words
    • 394 12 RAS prices in S cents/kg, F08 in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 176 00 177 OON 175 00 176 OON Int 1 RSS Sep 86 176 00 176 50 175 00 175 50 Int 1 RSS Oct 86 175 75 176
      394 words
    • 106 12 OIL PRODUCTS INDONESIAN transfer prices for August reported around US$lO.7O per barrel (Arun cond), $9.30 per barrel (Cinfa), $7.90 per barrel (Duri) and $10.10 per barrel (Minas). In the petroleum products market, naphtha prices weakened as Japanese buyers held off but kerosine and gasoil prices continued to firm. Closing prices
      106 words
    • 195 12 Reuter WHEAT FUTURES on Tuesday closed on or near the lows, down 4-1/2 US cents to one cent per bushel In light trade on the Chicago Board of Trade. September settled at U552.53-3/4 after posting a 4-1/2 cent range on the day. The growing belief that the Soviet Union
      Reuter  -  195 words
    • 297 12 Reuter SINGAPORE The market yesterday closed lower with September One RSS buyers quoted at 175.00 cents per kilo, down 2.50 cents from Tuesday. The morning session lost 2.25 cents on long liquidation and speculative selling in quiet trading. Prices lost further ground in quiet afternoon trading on continued long
      Reuter  -  297 words
    • 88 12 Reuter THE KUALA LUMPUR Tla Market (KLTM) price yesterday ended uelaiged at M|14.16 per kiln, encouraging la* creased trading activity. Tnranver rsse to IX tomes (ram 84 oa Tnesday. The eaater market attracted s#me f o I lew-tkrsngk Japaaese aad Malayslaa late rest, caapled wttk reaewed Earspeaa demand.
      Reuter  -  88 words
    • 131 12 MALAYSIAN crude palm oil futures closed lower yesterday, despite late covering which lifted prices off their lows in fairly active trading. Initially the market was quoted lower after an easier Chicago soyoil futures close and a lack of buying interest. Sept closed Ms 4 lower at $450 per
      131 words
    • 777 12 Reuter COFFEE Robusta futures on Tuesday closed £10 to £20 per tonne up from Monday's close after an active, choppy session that lacked clear direction. November finished £10 up at £2,020 after an early afternoon low of £1,970. Buying by a single broker helped take the market off
      Reuter  -  777 words
    • 98 12 (cants/kg. 1-ton pe*#n) j£pj OCT 86 (currant month) (forwor< 1 month) NOON NOON RAS B«r«n C -M Jfwtn Ivftn SCNgw SSR 20 158 00 160.00N 158 50 160 50N SSR 50 155 00 157.00N 155.50 157.50N MRELB SMR CV 238 00 240 00N 239 00 241 00N
      98 words
    • 146 12 Chinm Product Exchange Setters' noon closing pi ices on Aug 20 (SJ/100 kg). Coconut oil Bufc Foe 43.00 OkJ drum FOB 56 00 New drum FOB 60 00 Copra Mixed (loose) 21 buyers Pepper Muntok White FOB NLW 1172.50 Sarawak White 1157.50 FOB foq NLW Sarawak special 852
      146 words
    • 60 12 Bangkok (USS/teww, FOB) White Rice 100% 1st class 265 100% 2nd class 230 100% 3rd ctoss 225 5% 215 10% 210 15% 205 Broken Rice A-l Super 130 A-l Sp«CMi 127 C-l Special unq C-l Ord unq Loonzoin Rice 100% 1st grode una 100% 2nd grode 22$ 100% 3rd
      60 words
    • 198 12 Reuter SOYBEAN FUTURES on Tuesday eased to close on the lows, off 14 to 4-1/2 US cents per bushel in moderately light trade on the Chicago Board of Trade. August settled at US$5.l5 after posting a 23-1/2 cent range on the day. New crop came under pressure from trade
      Reuter  -  198 words
  • Page 12 Advertisements
    • 308 12 IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every business
      308 words

  • SHARE INFORMATION
    • 4078 13 SHARE PRICES finished above their day's lows at the Singapore stock exchange yesterday as sentiment improved and activity picked up in afternoon trading. While at the lunchbreak, price losers were leading gainers by an overwhelming margin of 109 to 11, buying support from
      4,078 words
    • 265 13 SINGAPORE Rises h ndicst AM 19 AM 20 681 SI 681.38 Datch Mr 440 32 ST CmpmM Acmo 154 +e 8T hfaitu ***************1 Jmm EM S0< 274 ♦7 ST OS/OS 127 160 Qw M 2S0 7 ST CAM -6538 -6512 A T 22* 211 6 BTOSV -*****
      265 words
    • 3262 13 BID and offer prices officially listed and >■!— in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'.
      3,262 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 553 14  -  Company in strong financial position wMm w By HOMER CHEN SUN HUNG KAI in its latest issue of Focus recommends the purchase of Jurong Engineering Ltd. The recommendation was dated July 19 when JEL was trading on the Stock Exchange of Singapore at $2.20. It
      553 words
    • 468 14 LATE BUYING Interest at the Kuala Lumpur stock market yesterday helped share prices to regain some ground after an uninspiring start. Many counters were able to pick up smftll gains but the list of major gainers were mostly Singa-pore-based stocks. The market had
      468 words
    • 274 14 MBT THE UNITED Malayan Banking Corp has pledged to assist the Malaysian government in its efforts to revive the ailing tin industry in the country. It is prepared to consider proposals from tin miners for loans to tide over the present difficult situation.
      MBT  -  274 words
    • 100 14 Reuter A GROUP of demonstrators briefly halted trading on the Sydney stock exchange yesterday afternoon. Supervisor of equities trading John Brian said about five people protesting against cuts in social welfare payments announced in the budget brought trading to a halt just before the lunch break.
      Reuter  -  100 words
    • 146 14 THE STOCK Exchange of Singapore has reminded Malaya Ha Printing Ca Ltd that it still owes an explanation to the public as to why it decided to abort the proposed purchase of 5.55 million LAM shares. NONE of the directors of Haw Par Brathen Internatlanal Ltd has any
      146 words
    • 2028 14 810 and offer prices 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 uhlts unless otherwise specified. MDUSTRIALS Acmo(l7BB)xd Ajmomoto (3065) (I) 300 Alcorn (696) (4)68(13)69 AISB
      2,028 words
    • 118 14 HONGKONG Hongkong Index Wednesday 1213.22 Tuesday 1211.78 Week ago 1191 86 Hang Seng Index Wednesday 1941 28 Tuesday 1935 69 Week ago 1908 02 TOKYO Nikkei Average Wednesday *****.24* Tuesday ***** 61 Week ogo *****.76 TSE Index Wednesday 1583.35 Tuesday 1566 49 Week ago 1495 14 SYDNEY All
      118 words
    • 281 14 Monogers' prices for Aug 21 Singapore Unit Trust The Commerce 0 85 0 91 The Savings Fund 0 78 0 84 S'pore Prog Fund 0 35 0 39 S pore Sec Fund 0 59 0 64* S'pore Invest Fund 0 59 0 64 S'pore Equity Fund 0 42
      281 words
    • 237 14 Toagkak Hsldlnp Berkad: EGM at Conference Room No 3, 1st Floor, Merlin Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, tomorrow at 10am. C K Taag Limited: 26th AGM at 310 A 320 Orchard Road, Singapore 0923, on Saturday, August 23, at 10.30am. Rexy Electric Industries (Malaysia) Berkad: 18th
      237 words
    • 439 15 Mios mm™ Amcol By HOCK LOCK SIEW THE BIGGEST DRAG on Amcol Electrical Industries Ltd's profitability has turned out to be its ailing light fittings business. The sharp downturn in the fortunes of the construction industry in Singapore has badly affected this traditional area of
      By HOCK LOCK SIEW  -  439 words
    • 464 15  -  By NAJEEB JARHOM THE HALF-YEAR performance of hotel and property group United Overseas Land has added some weight to the argument that the worst in corporate results is over. Although UOL, which is controlled by the United Overseas Bank group remains in the
      464 words
    • 1044 15 Reuter SHARE PRICES in London were easier at the opening yesterday after an initial mark-down, continuing Tuesday's easier tone after more than a week of substantial gains. But trading was moderate to light, dealers said. At 11.00 am, the FT 30 Index was down 7.9 points at 1,259.9
      Reuter  -  1,044 words
    • 514 15  -  By HOMER CHEN FAILED STOCKBROKING firm Lin Securities (Pte) has filed a suit against Orchard Hotel (Singapore) Pte Ltd, a subsidiary of collapsed Pan-Electric Industries regarding $7.02 million worth of forward contracts in Supreme shares. Also named as defendant in the suit
      514 words
    • 550 15  -  By CHAN OI CHEE TRADING-BASED Haw Par Brothers International has surpassed market expectations by posting an impressive 107 per cent growth in group operating profits to $12.36 million for the half year to June 30, 1986. But after taking into account share of profits
      550 words
  • Page 14 Advertisements
    • 130 14 It&iHaupar HAW PAR BROTHERS INTERNATIONAL LIMITED INTERIM RESULTS 30TH JUNE, 1986 The unaudited Group results for the six months ended 30th June, 1986 together with the results for the corresponding period in 1985 are shown below: 6 months to The Group's net earnings per share for the six months ended
      130 words
    • 290 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Ng Company of 3 Shenton Way #17-04, Shenton House, Singapore 0106, hereby give notice that In consequence of our clients' purchase of the vessel 'An 2801' we have applied to the registrar of Singapore ships, under section 417 of The Merchant
      290 words

  • Page 15 Advertisements
    • 69 15 BUSINESS OPPORTUNITY A well known cosmetics, skincare and health food business based in Singapore with excellent potential is available for sale as a goirig concern. Obtained sole distributors rights covering both Singapore and Malaysia. Sales outlets established all over Singapore and currently company is making profits. Owners leaving Singapore. Interested
      69 words
    • 172 15 Make it your Business to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its NEW form it makes it possible to stay in
      172 words

  • 545 16  -  Staff employed in engineering, personnel and medical services By MANO SABNANI THE EXPERTISE of a small number of Singaporeans plays an important role in ensuring the smooth operation of the Shell companies in Brunei, it was suggested to the Singapore Prime
    545 words
  • 261 16 Reuter LIGHT planes have been banned from landing in the home province of deposed Philippine president Ferdinand Marcos amid rumours that he would be returning to the country. A spokesman for the Bureau of Air Transportation said yesterday that the airport at Laoag, capital
    Reuter  -  261 words
  • 433 16 THE PRIME MINISTER, his elder son, Brig-Gen Lee Hsien Loong, and the Sultan of Brunei each tried their hands at firing the Singapore-designed Ultimax 100 light machine gun at the Binturan Range in Brunei yesterday. Of the three, the 40-year-old Sultan Hassanal Bolkiah seemed
    433 words
  • 278 16 Reuter THE US yesterday warned Japan's car makers that they must change decades-old buying practices and buy more US-made parts if they want to head off rising US protectionist pressure. "No country will have as much to lose from American protectionism as
    Reuter  -  278 words
  • 320 16  -  By FLORENCE CHONG THOUSANDS of overseas students in Australia have been stunned by an unexpected slug in the form of a new fee for what they thought was free education in Australia. Until now, students in secondary schools and Tafe (technical and further
    320 words
  • 114 16 Reuter PAKISTANI troops appeared in control of Sind province yesterday after a week of unrest had cost at least 16 people their lives. In Karachi, the southern provincial capital, police sources reported minor incidents of stone-throwing at cars yesterday morning, but no serious rioting.
    Reuter  -  114 words
  • 169 16 Bernama MALAYSIAN Prime Minister Dr Mahathir Mohamad has emphasised the need for the press to be controlled by responsible people to avert publication of reports prejudicial to national security. In view of the extensive influence of the press, it is crucial that people
    Bernama  -  169 words
  • 181 16 Reuter PRESIDENT Hosni Mubarak of Egypt yesterday told 90 envoys from Third World countries that developing nations must not seek confrontations with the rich industrial states but should concentrate on self-im-provement. Representatives of what is known as the "Group of 77" which currently has 127 members
    Reuter  -  181 words
  • 455 16  -  By ALVIN TAY LONDON-BASED Standard Chartered PLC has denied that it has any intention of splitting the bank into separate divisions, even with the appointment of the four new directors from the Asian-Pacific region. But analysts expect the British bank to
    455 words
  • 89 16 Reuter COMEX gold futures yesterday opened higher as speculators bought at what they considered bargain prices after the declines of the previous two days. The pacesetting December delivery traded at U*****.30, up US$4.3O, after scoring an early high of U*****.30. Silver futures opened higher in sympathy
    Reuter  -  89 words
  • 65 16 Reuter WALL STREET stocks yesterday rose slightly as early strength in the bond market lent support. Concern about sluggishness in the economy, reinforced by a fall in July housing starts, fuelled hopes that the Fed will cut the discount rate. The Dow Jones Industrial Average rose two
    Reuter  -  65 words
  • LATE FILE
    • 43 16 UPI SCOTLAND YARD yesterday blamed a bomb for a blast that ripped through a London video store owned by an Iranian dissident, killing one man and injuring 13 others. Rival Iranians accused each other of the bombing.
      UPI  -  43 words
    • 36 16 Bernama MALAYSIA can save up to Ms7s million a year in revenue if rice smuggling is stamped out, National Padi and Rice Authority head Datuk Haji Mohamed Noor Mohamed said yesterday.
      Bernama  -  36 words
    • 70 16 Reuter PRINCE Norodom Sihanouk has asked Indonesian President Suharto to help break a diplomatic deadlock that is delaying talks on ending the Cambodian conflict, Cabinet Secretary Murdkmo told reporters in Jakarta yesterday. "No new specific proposals were discussed, but Sihanouk hoped that Indonesia could
      Reuter  -  70 words
    • 39 16 AP CHINA'S decision to compete in the 10th Asian Games in Seoul next month does not mark any change in estranged China-South Korean ties, the Chinese Foreign Ministry said in Beijing yesterday. AP
      AP  -  39 words
    • 40 16 AP MEMBERS of an extremist Tamil separatist group sell drugs in Europe to raise money for rebels in Sri Lanka, a Tamil refugee was quoted as saying by a West German newspaper yesterday. AP
      AP  -  40 words
    • 60 16 UPI HEAVILY armed men yesterday gunned down a town mayor in the second slaying in two days of an ally of deposed president Ferdinand Marcos, the official Philippine News Agency said. Mayor Jose Payumo of Dinalupihan town was driving to his office when his car was
      UPI  -  60 words
    • 41 16 Reuter FRANCE has nearly completed difficult talks with Disneyland International to clear the way for a giant amusement park outside Paris and should have a final contract ready by midSeptember, French sources in Paris said yesterday.
      Reuter  -  41 words
  • Page 16 Advertisements
    • 151 16 Computer Charting Service for Local Stock Market Analysis Jo»n the major brokerage firmv hanks •Point Figure C harts* Bar Charts# a 225" 1594/5 for a and diversified institutions in subscn- Overbought Oversold Indicator* personalised hands-on demonstration bmg to the most advanced Computer Moving Averages simple, weighted Charting Service for investment
      151 words
    • 474 16 Training Design Singapore, October 13 17, 1986 Training staff are increasingly being asked to design training programmes that will either be run in-company, at an external institution, or a combination. To obtain maximum value from the investment in training, well-structured programmes must be designed and implemented. This workshop will explain
      474 words
  • Page 16 Miscellaneous
    • 50 16 \oaiMaaiii Outlook: Cloudy with showers in the pro-down and oorly hours. Rep« ort for 24 hours prior to 7.30pm on Aug 20 at the airport: Maximum temperature 29.0 Associated humidity 78 Associated humidity 1 Hours of sunshine 0. Rainfall in millimetres 11 Rainfall this month 5? Roiny days this month
      50 words

  • SHIPPING TIMES
    • 285 17 HAPAG-LLOYD intends to start an independent service to the east coast of South America, starting Sept 22. According to Sea trade Week, the three-weekly service will use chartered tonnage and, according to a spokesman, a vessel has already been earmarked. Ports
      285 words
    • 464 17  -  By JUNE LIM THE SCRAMBLE for cargo has caused rates to popular Persian Gulf ports to ease lower. Agents contacted by Shipping Times say that it is fairly common for lines to offer US$BOO to US$B5O to ship a box from Singapore
      464 words
    • 368 17 HONGKONG IS close to announcing who will be awarded the contract to install a long-awaited electronic vessel traffic surveillance system at the port. Lloyd's List says that work is scheduled to begin in October but completion of the system, which
      368 words
    • PORTSIDES
      • 54 17 Reuter A SEAMEN'S strike over festival bonuses has stranded four ships of the Bangladesh National Shipping Corp at Chittagong port for four days, port officials said. Thirteen ships are, however, discharging coal, bulk oil, food grain and cement, and one ship is loading jute and jute
        Reuter  -  54 words
      • 180 17 Reuter THE AUSTRALIA-WEST India and Australia-Sri Lanka outward shipping conferences will alter their bunker adjustment factor, BAF, to minus 9.81 per cent from minus 4.80 per cent, effective Sept 5. The Australia to East India-Bangladesh trade will change its BAF to minus 8.30 per cent from minus
        Reuter  -  180 words
    • 1293 18 BUSINESS on the London freight market on Tuesday focused predominantly on the time-charter sphere where the Far East proved a more popular delivery area than for some time. The overall rate tone showed little or no change from the steady to marginally firmer trend established since bunker prices
      1,293 words
    • 1394 18 In October next year, Jacobus "Koos" Groenendijk will celebrate his 60th birthday, and also retire as chairman of Nedlloyd. He has given Nedlloyd's service division a thorough shake-up, last manifested by a bold move into the overtonnaged North Atlantic. For now it is
      Seatrade  -  1,394 words
    • 697 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Altrans VI 3 Anro Service IV 2/3 ANL 1 1/2 A PC Lme V 4 APL M 2/3 ASCL IN 1 Bolt-Canada Line VI 4/5 Bolt-Orient Line VI 4/5 Bank. Line V 5 B8S 1
      697 words
    • 193 18 NORTH SEA OIL exploration is likely to be cut by about 40 per cent in the second half of this year compared with the same period of 1965, according to a survey published on Monday by the UK Oil
      193 words
    • 176 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australiy Straits Container
      176 words
    • 173 19 REEFER operator Cool Carriers has again aroused the wrath of container lines in the Australia/East Coast America meat trade for failing to meet terms of its carrying contract for the third successive voyage. These require Cool to lift a minimum 500 tonnes
      173 words
    • 366 19 Lloyd's List AUSTRALIA and the United Kingdom accounted for more than half the shore strike insurance claims handled by the London-based Transmarine Mutual Strikes Assurance Association in the last five years. Figures published by the club endorse earlier statistics from the world's biggest
      Lloyd's List  -  366 words
    • 217 19 Reuter IRAQ yesterday announced two new air attacks on large naval targets oil tankers near the Iranian coast in the Gulf, saying its warp Lanes scored "accurate and serious hits. Independent shipping sources had no immediate confirmation but a military spokesman said
      Reuter  -  217 words
    • 241 19 UPI PANAMA WILL keep thousands of East-bloc weapons confiscated from a Danish ship two months ago. The Panamanian Navy intercepted the weap-on-laden ship, the Pia Vesta, in mid-June on the basis of a tip from Peruvian authorities who said it failed to
      UPI  -  241 words
    • 268 19 Argentina August 11 Beunos Aires Waiting time up to 3 days. Australia August 11 Sydney Normal operation. Melbourne Normal operation. Bangladesh Auguat 11 Chalna 15 vessels operating; Chittagong 25 vessels operating. Brazil August 11 Santos Normal operation. Cameroon Auguat 11 Douala Delay due to heavy rain. Canada August
      268 words
    • 130 19 UPI A KOREAN shipping company has reached a tentative agreement with the Port of Seattle to lease a 47-acre section of one of Seattle's largest waterfront terminals, officials said. Harold Emerson, regional manager of Hanjin Container Lines, Ltd, said on Monday that although he and
      UPI  -  130 words
    • 7230 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.
      7,230 words
    • 758 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Greet 010RW 21.8.86 1600 G Asia Fl 0730-0800/0700-0730 L2/N2 Namg Glory 8N/86 21.8.86 1600 Worldwide F7 0700-0800 L7 Too Yuan 601A 21.8.86 1800 C Feeder F5
      758 words
    • 1668 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprises Pte Ltd Some (S). At Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Km Shpg (S). Alfred C Toepfer Oceonus ShippmgAgencies (S) Muhiport Sdn Bhd (PIC). American
      1,668 words
    • 127 26 Area/Port Viscosity COT at 50C Density Water Q/ML at 15C Volume 0/0 Africa/Red 8m Jeddah 155/188 0.945/0.982 0.1/3.0 Durban 129/178 0.978/0.991 0.0/0.2 Arabian Gulf Ras Tanura 155/180 0.949/0.950 0.2/0.6 Bahrain 177/182 0.973/0.973 0.0/0.1 Europa Rotterdam 51/432 0.935/0.992 0.0/1.4 Hamburg 27/400 0.943/0.990 0.0/1.4 Le Havre 168/458 0.970/0.988
      127 words
    • 472 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B'tang Beloit K25E SSPL alongside 21.8/1830 Frances Boy K27 Malay St alongside 21 8/1800 K Poseidon K9 Barber alongside 21 8/1500 Marine Cosmos K20 NTYSS alongside 21.8/2300 Myoma ywo K29 Boustead alongside 21 8/0600 Pac Trader K20
      472 words
  • Page 17 Advertisements
    • 365 17 v 'minim i Concise Comprehensive Contemporary at aH 9°°^ HFOBML c? CtUaimH LIWE PfTALMG MYA TU 71»7»/71I037V71»702 Trie to NAJ7M4 POMK TU (***** TU£X NO NM0073 CfS TCI 349M6 rati KELANC TU *****0 rtl£X NO 1M***** CfS TU 3WO) For the convenience of all our customers, we have installed direct
      365 words
    • 66 17 mm NEDLLOYD's chairman. Jacobus Groenendijk, is no Jeffrey Sterling. His style hos continued a tradition of redirecting the group. Page II AUSTRALIA and the United Kingdom accounted for more than half the shore strike insurance cloims handled by the Transmarine Mutual Strikes Assurance Association. Pag« 111 Index to odvertisers II
      66 words
    • 611 17 hr -/ir i MAERSK LINE FASTEST TRANSIT TO EUR SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS r— JE, vmm. vor EXPORT TO USA. EUROPE. "Sappi Gtaaa (m a 2sa aa m oi-Mm* > Part 22 22/1 lata I aaa lata I M/ 1 M/ 1
      611 words

  • Page 18 Advertisements
    • 345 18 V C T TAT TP YAM ASHIT A-SHINNIHON J[ M J M I W*J TRAMS-PACIFIC SERVICES > 4 LINE PacMc South Woat r »»d»f at Kao Pacific North Wwt r»id»r at Kao Atlantic/Canada Faadar at Nagoya ■ml immfti n mmiT| mfanq 1-'*™ itM TTBB m ksoi i.i nr* ITI m
      345 words
    • 325 18 11 Supercarrier Service CONTAINER SERVICE IOd 11 lOd 1« AGENTS BARBER WILHELMSEN AGENCIES PTE. LTD. SWHTOK *****77 OUTNMD FIT ENQURES/MH3 *****50 CUSTOMER SERVICE *****20 Harrisons I CrosfitM (Malaysia) Sdn BM. K Lumpur *****55/*****70 PT OJAKARTA LLOYD, JAKARTA *****3/340*4 J *****1 BBS OWNERS' REP: BARBER BLUE SEA, JAKARTA Pernas MSC Sfcppmg
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  • Page 19 Advertisements
    • 713 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd occ Overseas Containers Limited >v\ :mi"H :T7M STRAITS SHIPPING I Singapore to Sahah. Sarawak, Brunei Ports and Bangkok I l l «ji:.it.v; *Wi:n«a:ii n :«><■ n. i.ial H'burg B haven R dam le Ha S'toa an or edmukh um w w
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    • 702 19 Franco Belgian Services t »r .1«» i t r, n. h >, com no soma to mow <h ll.l K i.in I r I (MEMBER OF ACE CONSORTIUM) r -.i-.; i.rr STOK PJSLMK It fern Ita mean Ha SUma tat CMM can UK* W (IS lm) W (Upl It Sept
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  • Page 20 Advertisements
    • 281 20 u Hapag-Lloyd 10 CONTINENT, UK EXPORTS Spars LniMiHkM taaattwi 13/11 11/11- 19/11 14/Ul7/12- 24/12 FROM N. CONTINENT &UK IMPORTS INTERNATIONAL freight forwaroers CONSOLIDATION SERVICE WEEKLY Singapore: BIRKART S E A. Tel: *****11 PI. Kelang: BIRKART SDN. BHD. Tel *****66 LLOYD BRASILEIRO LINE (MAfIUAN NATIONAL UNE) 9M 100 DM BMBMKO STS
      281 words
    • 698 20 KS.LINE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member ol the Ace Consoctwni ORKNTV CHEF SOW KOREAN ttCUN 35* WPTIM CHrSTAI 3m KOKiM CHMCI 28W EROM EUROPE VIA SUEZ A Mfmbfr ,hf ce Consortium PKXjnt S port HK«, >wlM| Im T*H (28/8) 26/8 30/8 31/8 3/9 8/9 4/9) 2/9 6/9
      698 words
    • 416 20 JOL Hai Sun Hup Co (Pte) l td TEL *****06 (20 Lines) TLX RS ***** RS ***** I ft. I \SIIRN \K lIM K. I II). STRAITS/ JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I Loadnf at appropnated Berth P4-P5 NOTE: ALSO CALLMG OTHEJt MPAfCSE PORTS, HONGKONG, TAIWAN 1 CMNESE
      416 words
    • 619 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Eta ao*v h h E¥E* OBIMN/HO ELEAMT 23/* Eta gmce 7(1 [«a LMUNE 27/1 Eta goods 5/9 e«» awe n/9 no uwl is/9 SUES! 2t i no GOIKN 1/11 ALSO *CC IMS CM6O TO 2) atlmu. cttcAso onaon. 12/U 13/11 15/19 S/U
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  • Page 21 Advertisements
    • 916 21 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE SIN JKT SBV SIN HKG KAO *TCM KEE BUS *MUR *HTC YOK KOB KEE 21/8 23/8 2S/8 28/8 1/t 3/8 4/8 5/9 7/8 11/9 13/9 W* 2lt 5/9 8/8 15/9 16/9 17/9
      916 words
    • 901 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT EXPRESS CONTMO SERVICE FROM UK/CONTKNT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS IKJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH PACIFIC ISLANDS KIT AM) KMB) Y73/557 QgH MTU WS DEI ELOE fix
      901 words
    • 578 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLIYI P.T. BESUII LLOTB P.T. SAMUDEM INDONESIA e P.T. TRIKO9ALL9V9 EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE STOH HLBM h PI/K.351 14/9 I S parr I Bftjc MM4m »hb| 20-31/1 I 3/w 9/19 [STOW I NJMO BROO a/i 117/19 a/u ATMM/tTMM tTBUK
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    • 401 21 BOUSTEAD SHIPPING AGENCIES PAGAN *102W SJTTNAY *2m (DBdurfMf OWjr) PA-AR IfWi V* BURMA FIVE STAR (Burmese National Line) loadng for Ranfoon Spore P.K4»| 20/21 A* 30/31 Aaf BANK LINE EXPRESS SEM-COWTMO TO AAA NUN V.l MORAYBANK VIN CLYDEBANK VIM TAMAITAI SAMOA Vt FORTHBANK VI7N ROAM HULL HMK 23/9 30/§ a/9
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  • Page 22 Advertisements
    • 1190 22 K ECUADOR/PERU/CHILE FHDQ *51 Mono *Sl mm no ni tbn *si KAWASAKI KISEN KAISHA, LTD. spok hug rac spok kok guayaqul cailao ahca iququi Afacasta iantond Valparaiso 20 Ami 21 Am 22 A* 24 An 12 S«p 5 Oct 14 Oct 15 Oct IS Oct II Oct TAIWAN-JAPAN-CHINA-MANILA also Kfxrm
      1,190 words
    • 760 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accaptinq FCL/FCL CooWtwn Fewfrf PMan» Low V«sd Spott MHb Frtn S»4n Also Acctf CHANOOAS V2l 3 Scot 20 Sept Sept 27 Sept Add/Bro CALABAR V? 7 6 Sept KABRDAS V3O 17 Sept 2 Oct 11 Oct 9 Oct Add/Bus ESTtamR V 7 21 Sept RAMDAS *24
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    • 745 22 GOLDEN LINE GUAM GUAN SHPfMG (PTE) LTD 23. IN* *r« Slraat SMGAPORE IIM TU 5343*5S (10 UMI) STRAITS/PERSIAN GULF SERVICE: s^e GOIKN KM Colombo Karachi Doha Bahrain Kimait GOUXN HAVEN Colombo Karacl» o*l Bahrain kM s/»sm CHMA OCEAN SHPHNG CO.. PEKING THE PEOPLE'S REPUBLIC OF CHMA 1 Mf .1W.W.1 I>l
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    • 306 22 INTRASCA (PTE) LTD 10 Anson Road «27 16 Inte'nalion.i P rii r Singapore 0207 Te! *****11 (10 Lines) lE BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELE* RS ***** PHILI PttILMMMENT LINES PTC LTD tec xatrm <• lines) tele*; m mm pmu PMaftng Jmya
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  • Page 23 Advertisements
    • 667 23 S par* 10TUNE MOICSS PTE. LTD H QJ/MIST TP4/SU T.I Nt «Mct Itnvul CfS NXMMES *****77 271*713 2/***** *****77 *****22 *****53 <8 MKT IKS *****19 *****16 NEPTUNE ORIENT LINES LTD |M m*m*i phut cj> *****44 KMC SON. BHD. *****87/*****45/*****53/J*****6 NEPIM SDN. HO. *****71/*****34/*****35 NEPIM SON. M. 61SSW/62M35/6278M/*****1/*****2 Mm *cca*M| cjtjo
      667 words
    • 332 23 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON Vnufe Hum Ho Dmm UW Hi Donan, 407* I Lrtu/MS Hi I Ovum M«H Ho 7 Datum M 711 lb 9 Dm U7K Hi. i Dm* tOON 1 B *407 Ho I OWM/MCM SPCWI »UNIS
      332 words
    • 509 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUR.DMG 55. Market Street Sofapore 0104 Tel: *****33 (15 Lines) Tenwul Office: *****41/2 Cable Address SMSOV SINGAPORE Teiei Numbers RS ***** RS ***** RS 251 M P. KELANG M/S SHMKAT NAM SOON SON. BHD. IST ANO ?NO FLOOR. NO 1. JALAN CEMPEMNG.
      509 words
    • 71 23 V// /.SAI//V LlVf JAPAN HONCKONC STRAITS Hanfka>( PJQmi Pan* NVfO MMU«.» SjM SjM GtSO MMU NO. IV-27A SaM 23/1 2S/I KOBE MMU V.103A 21/1 2/9 Gtfwrjl nrrty tar MV. Nppo Mara V.3A be haM m 2M ta|. K at GMI K-20 Iran 0900-1200 tare. Than be aa haikar amy aftar
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  • Page 24 Advertisements
    • 382 24 ifjjffl REGIONAL CONTAINER LINEslj TO BANGKOK (4 SAILINGS A WEEK) VESSEL IVOY ISWGAPOK 11 'J.! 1 J 111 j!}llM LiJB loim I ira.ffinnn E2SQEZI2I Q23H CE3 nsn I |[2l3|uuj [^^J2H^^3CHCI!IZHIIESHCE3E2ISI SEA DfiAGOW PIYA BHUM BUNGA KEMUNMG Tut/Wed I 26-27/8 Thu/Fri 28-29/8 TO SOUTH THAILAND irrnr^TP^i»if^»r7iJijPl^ I M kvl m EJtm
      382 words
  • Page 24 Miscellaneous
    • 156 24 r, 4 s V a R 4 v< •< °c Cf w Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfl. THIS MORNING. LEGEND* R Thunder storm Temperature °C Shower Weather Wlnd direction with speed in knots Wave height Cloudy Sky Sarfaee winds
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  • Page 25 Advertisements
    • 102 25 IGENCIS rw 242tOSt/*****56/*****41/*****53 AUG *****11/4 TDMNAL 36M361/2 G *****2/*****3/*****4/(***** MMG *****3/*****5/*****1/*****0 MO 22SS6S/*****1/222(35 r SPORE *****22 Will FAR EAST/EUROPE CONTAINER SERVICE en m I 1 TTHiPTM II ./"TTTIMM m» IM IfTiflTTTl ii".i'"aiTTinTM H''r:'»S3ir T II JgrigTMrTTfIMMETIF7ITMrfTMtriTWrTTMBTTIITTWgTTI ALSO 4CCEMM FOR: AffflOP, L HARW. UK. MOO. COPENHAGEN. OSLO >»34l 12 I ■Ji
      102 words
    • 216 25 TFS INTFPNATIONAL TFS VOY 117 TFS VOY 118 Ete Fan Eta Hbg Eta Mm TFS VOY 071 88/8 21/8 2S/8 > MELgQURNj, ?YpfgY Eta Pan Eta Hal Eta Sytf TFS VOY M 7 28/8 17/8 M/ 8 Eta Fan Eta Kaa TFS VOY T7B 28/8 2/8 RANSOCEAN (M) SDN. BHD
      216 words
    • 154 25 TRANS-SIBERIAN CONTAINER LINE FCL/LCL TO: DiIFA/TOKHMNDI/lABUL/HIIIAnWTBfIAN PENM6 PIXEL AUG S?OK CONNECT ID MBTOCMITr 21/1 22/1 24/1 K ZHUKOV also acarras m uchevsx to mam, djulf a. tlw. twbt WEEKLY SAILING LCL/FCL TO: COLOMBO BOY DUBAI Kuwait damman Bookings: MAC HELB G g MC|E g p JEm LTD. MAC-NELS (MALAYSIA) SDN
      154 words

  • Page 26 Advertisements
    • 174 26 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD 14 Old »10 01 I.H Spof«" iJIUb M A'IVA Pitr! KHjnf I'g.i Pmj Shipper Sdn Khil Ifl 0? ?4 s Pfiuni; Mjlj*mj Irjilf 1 Irjnspoit ltd Trt 01M7HSJ P.i<-* Cudjng Mjl.usi.in Stepping •fewi'' Sdn Bhi,' IH o; SI! >40 ill
      174 words
    • 327 26 1 „iy Iff LT Mitsui OS K Lines Ltd m CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK 26 Aug Port Louis. Reunion NEDLLOYD MOJI 17 Aug Mombasa. Daressalam ATLAS MARK 5 Sapt Mombasa. Daressalam. Tanga. +Be«ra. Tamatrve ANDES MARU 19 Sept Apapa. Port Harcourt, +Warri EARNEST VENTURE 13 Sept P. Noire. Abidjan. Buchanan. Monrovia
      327 words