The Business Times, 27 August 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, AUGUST 27, 1986 75 CENTS
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  • 746 1  -  Koon Swan gets a two-year jail sentence By HOMER CHEN FOR THE PART he played in the collapse of Pan-Electric Industries, Tan Koon Swan received yesterday a two-year prison sentence and a fine of $500,000. A request for bail pending an appeal was turned
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  • 611 1  -  By CHAN OI CHEE THE NEWS of Tan Koon Swan's two-year Jail sentence hit the stock market yesterday, and raised questions about the future of companies which he controls. Most shares had opened on a firm note, but after the morning break at 11.15 am, the
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  • 119 1 AP A LEADING US senator has predicted that wheat prices would plummet on world markets, making it unnecessary for the Soviet Union to buy inexpensive subsidised US grain. "I see no particular reason why they would buy now unless they have to make some
    AP  -  119 words
  • 326 1  -  By LOH HUI YIN THE ECONOMIC ministers of the Association of South-east Asian Nations will finalise their approach to world trade ahead of the coming multilateral negotiations when they meet in Manila this week. Singapore, which will be represented at the three-day Asean Economic Ministers' meeting
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  • 497 1 THE TIME Is ripe for "accelerated investments" in the Philippines, visiting Philippine President Cora»» Aquino told some 900 top Singapore business men yesterday. "There is much room for intensified Philippine-Singapore economic relations The Philippine and Singapore economic» are complementary with each other," the told
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  • Page 1 Advertisements
    • 159 1 Mflfll r I i TTTI Why tie up your capital? Rent special equipment from Thorn. 10CT Pan—onic Colour Video 11 uyociion oyiwii. $900/-per day Ideal for seminars, conferences, training classes. Also available 45" projection screen 4 at $400/- daily. Multiple System Colour TV and Video Recorder For training and retail
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    • 9 1 MCA uraoo calm, B*pof KLrolHom iipf ik from Court
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    • 244 1 MONEY EXCHANGES RAW MATERIALS CROSSWORDS TV S RADIO BRMTOW DOONESBURY OUR VIEW PRESIDENT AQUINO's message to Singapore businessmen yesterday was clear and simple the Philippines wants investment. Now that the turbulent Marcos days are over, there is much in the lady's invitation. For the bold and enterprising Singaporean, the Philippines
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    • 57 1 ?>`\/^$?~,[%^+"&-&,~[{!|%/!>$?* Rent a Ricoh facsimile at only $140 monthly... 0 4 IGnQH and get an IBM* absolutely free! f/fvS Only while (i stocks last. Call 472 2155 now. t! ear Onic SI, 108 Sole Agar* Wywy Private Limited 17 Lang Km Rood, Singapore 0315. Tel: *****55 (18 Knot) Telex: WYLD
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    • 53 1 BALLY »V Go for gold in BT GOLD IS BACK in style, and not only in the financial markets. Your chance to win golden prizes comes up on Friday with BTs special supplement devoted to the Executive at Leisure. It will feature a great competition with super prizes from Cartier.
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  • HOME NEWS
    • 484 2  -  By ANNA TEO SINGAPORE has made a mark in the world In some areas, as with its sea port and airport. But are there companies or individuals that are excelling by interaatknal standards? The government is on the look-out for such companies and
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    • 272 2 No reason to change bilingual policy Dr Tan TWO COMMON complaints about the bilingual policy were tackled by the Education Minister, Dr Tony Tan, in Justifying its continuation in schools yesterday. The first complaint raised by those against the policy is that language requirements hinder students from entering university. The
      272 words
    • 161 2 FRUIT it GREENS *86, a four-day show, will be held in conjunction with a seminar aimed at exporters, packers, cooperatives and growers of fruit and vegetables. The show will be held at the Mandarin Hotel from Oct 23 to Oct 26 while the
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    • 205 2 IN 1972, with US$5,OOO as initial capital, a secretary and a tiny office, Mr Po o«iig stalled DHL International as a Hongkong agent for the US courier DHL. Today, he is chairman and chief executive of DHL International, a company which is
      205 words
    • 343 2 THE WORK improvement teams (WIT») movement has spread to Hoogkong where similar quality control circle*, also known as WlTs are to be set up within the civil service. WTTs can and do work in public service, said Mr H R Hochstadt, permanent secretary
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    • 462 2 THE FIRST Singapore Fashion Week will be staged next year with two aims to attract more Asean tourists, foreign clothes buyers as well as promote Sin-gapore-made garments and fashion wear. Singapore Fashion Week *87 will cost H million to stage, of which $300,000 will be
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    • 254 2 PATRICK TEO has been appointed the managing director of N M Rothschild and Sons (Singapore) Limited, reporting directly to David Blackett. Mr Blackett will take up the position of chief executive of the Rothschild group's operations in Singapore and Hongkong and managing director of N M Rothschild
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    • 178 3 THE Moog synthesizer made its appearance in the pop music scene in the late AOs, and was the first major step in the evolution of electronic music. Since then artificially synthesized sounds have taken on great importance in modern music arrangements. Nov, whole orchestral works
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    • 116 3 BREAKFAST table reading (or some chief executives this morning will centre wholly on the Wah-Chang group of companies. )fr Ho Kwon Ping, managing director of Wah-Chang International, is giving the 90th National Productivity Board Chief Executives Officers breakfast talk today. "Regionalisation
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    • 103 3 THE SINGAPORE Institute of Personnel Management is organising a part-time course in Certificate in Applied Psychology, starting in October. The course, which is specially designed for personnel practitioners, will be conducted by Goh Kim Seng. Mr Goh, a consultant specialising in the training and development of
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    • 77 3 PART OF BATTERY ROAD, between Shell Tower and Bonham Street, will be temporarily closed by the Mass Rapid Transit Corporation from Sep 1 to Nov 90 to facilitate the completion of the Raffles Place MRT station. With this temporary closure,
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    • 89 3 POWER Communications That Get Results will be the topic of a three-hour talk organised by the Seutosa Jaycees. The talk, to be conducted by Michael Loh, a creative management engineering consultant, will cover communication process, pitfalls of miscommunication, how to succeed in written and telephone communication,
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    • 421 3 PHILIPS PROJECT Development has won a $19.5 million contract from the Civil Aviation Authority of Singapore to supply a computerised flight information display system for Changi International Airport's Terminal 2. The locally-incorpo-rated company won the tender for design, manufacture, supply, and Installation of the
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    • 491 3  -  By ELAINE KOH ELECTRO MAGNETIC (S) Pte Ltd, a Singapore videotape manufacturer which helped aet up the first magnetic tape factory in China, has clinched a second turnkey project, worth US$2.5 million, to aet up a production line in Tianjin. It is also considering undertaking
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  • Page 2 Advertisements
    • 381 2 NEW ZEALAND MERCHANT BANKING OPPORTUNITIES This is an opportunity for Bankers with flair, creativity and all round skills to play a pivotal role in building a greatly strengthened Merchant Bank. Rapid de-regulation of the financial markets in New Zealand over the past two years has created a large number of
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    • 10 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
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    • 177 2 DISTRIBUTORS CONTRACT/OFFICE FURNITURE Pongrass Operations Pty. Limited, one of Australia's leading and largest furniture manufacturers, is seeking distributors for their range of world class ergonomic office furniture and some of their specialised contract furniture. The company that we would be seeking would have the facility to successfully market and sell
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  • Page 3 Advertisements
    • 271 3 Printer ribbons are otto available at NEC C&C Showroom and draftnl within your budget PinwriterP7 NEC P7. A revolutionary dot-matrix printer created to meet a crying need for an efficient, speedy printer at low, economical cost. So you can get superb performance within your budget! Just look at what Prinwriter
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  • ASIA-PACIFIC
    • 562 4 MBT LATEST STATISTICS indicate that the Malaysian economy declined in real terms in 1965, chief executives of commercial banks, merchant banks and financial institutions in Kuala Lumpur were told on Monday at a briefing by Bank Negara officials. Sources said Bank Negara impressed on those
      MBT  -  562 words
    • 162 4 AFP POLICE in southern Pakistan's Sind province have denied press reports that Jailed opposition leader Benazir Bhutto had been charged with sedition, the official Associated Press of Pakistan (APP) has reported. Press reports had said Miss Bhutto, 33, was charged with sedition last July 31
      AFP  -  162 words
    • 242 4 UPI A JAPANESE government report has warned that flagging exports, caused by the rise of the yen, have slowed down the country's economy and made the achievement of an official projected growth of 4 per cent this year impossible. It seemed to
      UPI  -  242 words
    • 187 4 AP MORE THAN half the directors of China's electronics factories are unhappy with their Jobs because of excessive meddling by bureaucrats and poor compensation for added responsibilities, according to a recent survey. The survey by the Shanghaibased Liberation Daily (Jiefang Ribao), covered about
      AP  -  187 words
    • 218 4 AP SAUDI ARABIA has told its customers It would Impose |f the combined amount at oil they plan to Uft next month exceeds the quota set earlier this month, an economic publication has Mid. Lift is an oil Industry term that refer»
      AP  -  218 words
    • 807 4 OparotT ARRIVALS Sarvioi 1 From 9A UA OA 9A OA SIA RBA MAS 9A OA KAL MAS MAS SIA CPA RBA OA SIA SO 117 UA805 GA7303 SQ493 GA7105 SQ41 BM27 MH681 S047 GA7205 WAOA MH8I1 MH671 SQ103 CX710 BM2I GA960 SO 105 0005 0010 0235 0500
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  • Page 4 Advertisements
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  • REST OF THE WORLD
    • 503 5 AP UNITED STATES government officials have said new intelligence reports indicate Libyansponsored terrorism will resume, and that the US has developed military and economic contingency plans to deal with the threat. Pentagon sources said no pre-emptive military strike was being planned, but a
      AP  -  503 words
    • 325 5 NYT THE WHITE HOUSE has said that economic reprisals against South Africa had to be considered in the regional context since they would have a strong ripple effect throughout southern Africa. Suggesting that the argument against economic sanctions was shared by several black-ruled neighbours
      NYT  -  325 words
    • 353 5 AP ARGENTINIAN Economy Minister Juan Sourrouille says the country's financial system is stabilising and he plans no major policy changes despite resurging inflation. "After a little more than a year of battling for stability, two of what were the most critical factors of inflation are
      AP  -  353 words
    • 158 5 Reuter THE CALJFORNIAN Senate has approved a Bill that will divest more than US$lO billion of state holdings in companies that do business with South Africa. The legislation, approved by a vote of 27-U last Monday, Is a protest against the apartheid policies of South
      Reuter  -  158 words
    • 81 5 AP AMERICA'S international trade policies were a leading cause of the nation's decline as a manufacturing power, said United Steelworkers president Lynn Williams. "Free trade as embraced by the government of the US has sent Jobs pouring offshore, has forced wholesale plant
      AP  -  81 words
    • 339 5 UPI WHISTLE-BLOWERS are good for business, but many give up because they believe no one will pay attention to their complaints, a management specialist says. "The major problem is that no one ever responds" to a whis-tle-blower's agitations, said Marcia Miceli, an assistant professor of
      UPI  -  339 words
  • Page 5 Advertisements
    • 398 5 Ol'B IMRK. \ll \m The Stock Exchange of Singapore Soonto be located in OUB Centre The Stock Exchange of Singapore chose to re^ocate to OUB Centre because no other building could meet their stringent requirements. The Stock Exchange of Singapore wanted to be in the thick of the action, at
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  • Page 5 Miscellaneous
    • 92 5 Doonesbury so you sea, mr. VQ SLAZMEYER,WEQNTHE an council arent monJ ST&&. WE'RE SIMPLY TRYING 1 TO PRESERVE A CHERJSHEP t WAY OF UFE E i rr ""J =-^r WEVE WORKEO HARP FOR WHAT WE HAVE HERE. THAT'S WHY CUE FEEL SO PEEPLY THAT THE HOMELESS ARE SOMEBOPY EVSES PROBLEM.
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  • BANKING AND FINANCE
    • 454 6 US pressing for changes Reuter THE JAPANESE Finance Ministry seems ready to review regulations covering the short-term government bond market in response to growing US pressure, according to bankers and dealers. The US is expected to press lor changes in regulations to make the
      Reuter  -  454 words
    • 127 6 UPI WELLS FARGO Bank reduced its prime rate yesterday to 7.5 from 8 per cent, the first of major US banks to follow the Fed's cut in its discount rate. "Hie prime cut was expected but it did come after a surprising delay,"
      UPI  -  127 words
    • 345 6 NYT THE WEST GERMAN Bundesbank has gone far in recent months to loosen securities markets, and with an increased flow of underwriting and new financial products, American banks are positioning themselves to benefit from the changes. Morgan Guaranty Trust Co of New York
      NYT  -  345 words
    • 872 6 SINGAPORE: The US dollar closed slightly firmer yesterday against most major currencies helped by some short-covering after a day of quiet trading. Dollar trading was mainly technical in the absence of any fresh factors. Most operators were sidelined and reluctant to open fresh positions ahead of the release
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    • 184 6 Interbank rotes at 3pm yesterday: M Olw oi faao parity oka^o Local Mlor* to OHO Mil of fwofi aarroocr US dolor Staffing pound Autlralan doSar NZ dolor Conodwn dolor 2.1530 3 1832 1.3068 1.0549 1.5433 2.1540 3.1868 1 3096 1 0586 1.5451 2.8196 7.3469 ***** 3 4286 *****
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    • 402 6 BA Futures SHORT-COVERING activity late In the CME on Mooday night spilled over at yesterday's Simex opening which saw the December EnrsdsUsr contract gapping up at 94.11, 11 ticks higher than Monday's close. The December contract edged up to a high of 94.15 while the US cash long bonds
      BA Futures  -  402 words
    • 115 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-5/8 per cent yesterday, up 3/8 point from Monday's close. The one, two and threemonth term rates rose by 1/16 point each. S$ Interbank rates at 7pm yesterday: Off* M 3 5/8 3 1/2 1-month 3 7/8
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    • 282 6 HONGKONG: The metal closed lower under moderate pressure yesterday from profit-taking by local and overseas interBullion rose to U*****.10/80 in early trading, buoyed by demand from Japan, but Swiss commission houses led the sHling and local specula- ton joined tnem. The metal ended at U*****.30/80 an ounce agalnat its
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    • Article, Illustration
      357 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Some period rates eased 1/16 point at the outset following speculation that West Germany might soon match the recent US move in lowering interest rates and the Fed's addition of US$l.5 billion of customer
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  • Page 6 Advertisements
    • 16 6 1^ lid K! 11 iij rm z* D\K DIA the world's OO «Ui COr^ <s> $£r
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    • 80 6 o Acoustic Covers for Computer Printers 8 Tel: *****84 for a FfIEE consultation An Image You Can Bank On. New, prestigious building in the heart <»f the banking linant i.tl distri< I Highk visible corner "Viiuntl floor banking h.ill with vault Mijih pedestrian trafli< from 5 pin Klegant internal spir.il
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  • TRAINING & DEVELOPMENT
    • 371 7 J {Seminars and WTi J i Cahners Tel: *****13 1 7 Exposition Tbc RS ***** Courses J Fax *****66 > duration title venue organiser TELEPHONE Sep 9-18 Bidding Con true tion National Notional *****34 Safety Supervisors Productivity Productivity Course Board Board *****84 Sep 11 Customer Relations for CMS
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    • 521 7  -  47 new courses in the current three-year period By ANNA TEO MUSHROOM cultivation, provident fund operations, energy conservation, architectural drafting and hotel management do not appear to have anything in common. They don't, except that these diverse topics are among the new courses being offered by
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    • 444 7 THE WESTERN Australian Institute of Technology, which is ottering a full-time, external degree programme in Singapore, wants to ensure that the foundation for the programme is well laid before it will consider starting a Masters course. TUs was disclosed in an issue
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  • Page 7 Advertisements
    • 231 7 Nixdorf gives Mobil the most advanced, point-of-puichase electronic payment system Mobil introduces the Fleet Card: a dramatic advance in management and cost control for vehicle fleet operators. Now drivers can obtain fuel and maintenance at Mobil stations simply by inserting the Fleet Card into automated card-readers and keying in a
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  • FEATURES
    • 474 8 THE APPLAUSE for the lady in white was hearty but not the kind reserved for Hollywood stars. It was loud but respectful, spontaneous but not unruly. President Cory Aquino's luncheon with the members of the Singapore Federation of Chambers of Commerce and Industry yesterday was, for
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    • 1676 8  -  Since the Australian government introduced a capital gains tax and disallowed deduction against personal income tax for shorttails between rental incomes and interest on mortgage repayments, the residential property market throughout the country has almost collapsed, reports FLORENCE CHONG in Sydney. FLORENCE CHONG
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    • 244 8  -  Letter to the Editor Ng Keat Seng Dor ar, 'Disappointed Investor' (BT, Aug 20) appears to have directed his disappointment at a wrong quarter. The (acts are these. He bought the land and a factory from a company under liquidation. This company did not Inform us
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  • Page 8 Advertisements
  • Page 8 Miscellaneous
    • 635 8 ■iivEriNiKi-dxaa ®ois>ssKs!i(jxaii> CRYPTIC PUZZLE ACROSS 1 Collapses on the stage? (5) 6 Half-inch between finger and thumb? (5) 9At the barber's, to take the wrong chair is a bit futile! (7) 10 A cabbage or a sausage casing! (5) 11 Revised rents for birds (5) 12 Old-fashioned engine driver (5)
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  • SPORTS
    • 315 9 AP THE US OPEN is the most cherished prize worldwide in men's golf, according to a specially chosen pool of judges made up of players and journalists, said a Florida newspaper on Monday. The panel consisting of golfers Andy Bean
      AP  -  315 words
    • 103 9 RICHARD SIM, a former national tenpin bowler turned golfer, had a great practice round for tomorrow's Singapore Amateur Open golf championships when he scored a hole-in-one at the Tanah Merah yesterday. Using an eight-iron, the Keppel Club member who plays off eight, sent his ball over the
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    • 337 9 AP THE FIRST motor race through the streets of a major British city has ended prematurely in a rain-soaked muddle of drivers' complaints about safety and miles of red ink in government ledgers. Luis Sala of Spain was declared the winner on Monday
      AP  -  337 words
    • 379 9 Reuter BOXING PROMOTER Don King was in full flow. "I present to you a man who comes from The Netherlands from Norway," he declared. "He is a man who will emulate his Swedish compatriot, former heavyweight champion Ingemar Johansson. "Reporters say why Steffen Tangstad? I say
      Reuter  -  379 words
    • 500 9  -  By JEFFREY TSANG WATER SKIERS have come together to form a club to improve the standards of their sport. And the first event on the Singapore Water Ski Club's calendar is the first water ski tournament for 1966 this Saturday from which the skiers who will
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    • 442 9 AP HIS HARTXXHJRT game in top form, Ivan Lendl was scheduled to open the defence of his US Open title yesterday, facing Glenn Layendecker at the US National Tennis Centre as the year's final Grand Slam tournament began its 13-day run.
      AP  -  442 words
    • 532 9 UPI THE US OPEN If Chris Evert Lloyd's 17th Grand Slam championship and only once, when she lost to Kathy Jordan at Wimbledon in 1983, has she tailed to reach the semi-finals. Evert Lloyd has woo 18 Grand Slam titles, been a finalist 15 other times and
      UPI  -  532 words
  • Page 9 Advertisements
    • 99 9 Keep a date with Sevvv Ballesteros the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off" and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional.
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  • Page 9 Miscellaneous
    • 1198 9 to hke) mm The American FHm Inetitute Baiute to Frank Capra 9pm, Channel 12 Seventy-nine years, some 60 films and three Academy Awards later, Frank Capra (right) becomes the 10th recipient of the Institute's Life Achievement Award, in honour of his unparalleled contributions to the world of cinema. James Stewart
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  • INTERNATIONAL STOCKS
    • 279 10 Reuter DEERE and Co, the largest maker of farm equipment in the US, has closed 12 of its 13 plants, temporarily affecting 12£00 workers, after members of the United Auto Workers (UAW) went on strike at three of its plants. The UAW previously rejected
      Reuter  -  279 words
    • 95 10 AFP BRITISH Caledonian, Britain's second-largest airline, has denied all responsibility in the delivery of two of its Airbus A-310 Jets to Libya, saying it was the victim of misinformation by two intermediate trading companies. The delivery of the ASlfla, which are powered
      AFP  -  95 words
    • 70 10 Reuter TAFT Broadcasting Co's announcement that it may sell its five independent television stations confirms speculation that the company wants to reduce debt and concentrate on more lucrative network-affiliated Wall Street analysts said a buyer could emerge from the ranks of companies that produce
      Reuter  -  70 words
    • 308 10 Reuter SHARE PRICES on Wall Street moved lower in light trading on Monday as an early spate of fu-tures-related sell programmes set the tone for the day. Transports, led by airlines, managed to buck the trend and post mild gains as investors speculated on
      Reuter  -  308 words
    • 155 10 AUG 23 a Imp Oi a A 42* 16* AbMbi 21* unch unch M Pro* FV 39 I9*B 15* 12* AJcon Alum Algomo M Bark Novo Scotia Bar* Of Mortraal BCanada Bp llMOtKH 4ik 12* 15* 31* 38* 31 Karr A Afcon Lototow Co Mc BkxM Motion A Moor*
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    • 224 10 AUG 29 kd MOUSTtlALS Tangoat Tnmt Bk Un SM WoaMru 730 120 52 t-rt*. tndi -5 inch A Afcho Abercom Aad Anopop 1100 260 I37SS 395 4*005 -90 -5 7s M Anglos MMGS 100 ♦soo 50 190 90 C G Sntfh CNA 1930 2725 235 10 unch unch Buffsfc
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    • 665 10 AUG 29 US$ Alcon AJLTTWI 29* Alcoa 36* mcti Ahg M 17* AM Srg 41* AM Storm 50* 3* Am Brandt he 92* •1* Am Can C* 89* -1* A/n Cranamd 86* Am Bac P»1 30* Am EUJI— 64* Am Homa Prod 90* Am MoNn Cp 2* Ana
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    • 833 10 Amsterdam MM 23 Ffc AflN Ml 00 -A S Amok 101.50 -3-3 Ahold W OO -0 5 Akxo 155 40 -13 AHnto IU 10 -O 7 AMEV 76.10 -17 Aim Bank 106.50 -0.5 Am S*a4 ***** -a* |«U 41.00 +1 Boraumij Buahrman T«n«rc 114.00 -3 220 50 -4.5
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  • Page 10 Advertisements
    • 145 10 (i W'Jkiv to wiaz, «Um« aai «aMtiB SZBCHUAN GESTMBANT V. i t&tim You can be one of our lucky winners too! Each time you have a lunch or dinner at the Meisan Szechuan Restaurant, you stand the chance to win a Free Meal, valued at exactly the same amount as
      145 words
    • 203 10 The finest Beijing cuisine from Pine Court, with free Remy Martin XO Special. For lunch and dinner, until September 30. MENU 1 includes drunken prawns, Peking duck, roast suckling pig and steuned red garoupa. Price: $600 nett per table. Free! One quart bottle of Remy Martin XO Special. MENU 2
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    • 29 10 ALL YOU WANT r IS $12 per person to Lunch: 12 «fl tiWJL'9' •'111! <»ii Plus Fashion Show by Top Modelling Agencies 181, Kitchener Road, Singapore 0820. Tel: *****22
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    • 114 10 -J From 16 August to 30 September feast yourself on tne very Dest of Japanese beefMatsuzaka Beef. Tender and delicious, beer-fed Matsuzaka Beef come to you direct from Japan. Lunch: i ""5K6-lih 6.30 pm -10.30 pm RfftABIA 10 Eu Tong streec swgatow hotel Singapore 0105 Tel: 533 3888 King s
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    • 133 10 V >> m J Rng Cheng Ijxi Teod*e>tf Seafood Reslauranl 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++ for eight persons. Happiness Menu $268++ for 10 persons. CROVVTI HOTEL MMtMN Miimwl by
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  • ASIAN STOCKS
    • 320 11 HONGKONG: Share prices closed sharply lower yesterday under moderate pressure from profit-tak-ing. The Hang Seng Index fell 29.03 to 1,917.00 while the Hongkong Index was down 18.37 to 1,198.59. Turnover was HK5301.39 million compared with $391.14 last Friday. aug a* Assoc kriri Holds Bank Ot East Ako Cothoy Pocrfic
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    • 255 11 AUG 26 Al Sneer* Mm Am Cement HT 1 70 23 00 30 40 -006 -0.2 Kuochan Dav Laa Chang Yuan Cham Mut Uari Hwo Indus 21 60 28S0 10.55 31 20 -02 +0.3 -0 05 -0? Chang Hwo Bark 39 SON 22 80 -0 1 Not Investment 346
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    • 271 11 AUG 26 Mitiub ttac 520 15 1800 -10 Mitvjb Ettota Mrtvjb Haovy Mittubahi 2310 656 1220 40 29 20 7 395 -IS Mitiu Co 806 1 Atohi Cham A»oh. Gfcat 880 1260 19 -10 Mitiukoahi 1310 1220 10 -10 -20 30 Bonk Of Tokyo BndQntofw 918 645 •30 1
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    • 91 11 TOKYO: Prices closed firmer yes- AUG 26 Paw Marcoppor Maritoal Onantal 8 Phi Owuoi 0013 unch 9016 0 002 Acoaa Mining A rvglo Ptll 0.0014 indi PMti 8 025 i«Kh Ap«x Mining 8 0.014 -0001 (Vao 8 PLOT 185 3 A Mat Con. B San Mguil 8 Seotroot 64
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    • 595 11 SYDNEY: Australian share markets closed barely steady in lacklustre trading yesterday, as investor sentiment struggled to remain bullish in the face of continuing uncertainty over the economy's direction. At the close of trading, the All Ordinaries Index had edged down 0.1 to 1,179.3, the All Industrials Indicator 1.2 to
      595 words
    • 101 11 AUG 26 Won 1930 -20 Daaim Ind. M -2 Do* woo Corp 1550 -30 Ootwoo Htovy 1380 863 •11 Dong Ah Phcr -8 Oongbu Stool 1670 -60 Dong Stii Stock Gala Star 1930 2090 -X 10 Hani Bk 1042 -68 1 tyindai Comt 949 •1 A. r A A
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    • 161 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.25 to 147.32. Turnover amounted to 502,069 shares valued at 88.6 million baht. Reuter AUG U I Un Ao Kham Thai a WO fibre Ayudhya tnvmtnwnt Agro-M Bandiok Bark Bar* Of Chotoong Thai wire ISO 149 33 75 200
      Reuter  -  161 words
    • 44 11 AFP JAPAN'S largest car maker, Toyota Motor Corp, is considering resuming car production In the Philippines, according to the company's president Shoichlro Toyoda. Toyota suspended operations in the Philippines in 1964 because of an economic slump and political uncertainty there. AFP
      AFP  -  44 words
    • 279 11 Reuter SWIRE PACIFIC is expected to show a rise of about 10 per cent in operating profits when it reports interim results on Friday, reflecting a strong showing by its aviation and iiroperty businesses. Analysts also said Swire should post after-tax profits from
      Reuter  -  279 words
    • 227 11 Reuter ROBERT HOLMES a Court's Bell Resources Ltd has prepared a new formal takeover offer for Broken Hill Pty Co Ltd but is holding off having it registered, stockbroking analysts said. They believed Mr Holme* a Court had filed a bid with the
      Reuter  -  227 words
    • 55 11 Reuter BELL Resources win make a second can of 41 Australian cents a share on its 43.06 million 'Series A' partly-paid shares on Oct The call would raise about AslB million. Bell said in a stock esrhsase notice. After the call, A$L24 a share of the A$2JO issue
      Reuter  -  55 words
  • Page 11 Advertisements
    • 656 11 i; Wheat wlm 9 &im and m ;i=i> And The Beat Goes On. And On! The Whole Night Long! Flectric atmosphere l Top 40 hits' A creation of the Teenage Revival tram Manila! Additional attraction! Catch the mesmerising act of Framewerk wrtti Fandab Dollah 1 HAPPY HOURS Tuplano Sisters from
      656 words
    • 154 11 I *Wcqf MELONS! I I Ul<Ber mL V I f*— I the Kmg of them all J^S^l Catxrillon t rJ&Sa ns 'deal as a stone,. rVf '"an coarse or V jjJgS^ al on Melon ..i-rTrf^ ftoi Scot* Shttvlf?™ Sln po SSSS? 8 Bni $12.50 0< dren r BUFFET-LUNCH COMBINING THE
      154 words

  • RAW MATERIALS
    • 644 12 Reuter THE PRECIPITOUS DROP in world oil prices has all but halted costly frontier oil exploration in the Arctic's ice-bound Beaufort Sea, according to oil company officials and industry analysts. Until oil prices firm above US$2O a barrel, "it's going to be very difficult
      Reuter  -  644 words
    • 108 12 STEEL PRODUCTION In the non-com-munist world's three major steel-mak-ing blocs (ell sharply in July, figures issued on Monday by the International Iron A Steel Institute showed. Output in the European Community, Japan and the United States was about 10 per cent lower than in July 1985,
      108 words
    • 136 12 CMmn Produce Exchange SiNirs noon prtcos on Aug 26 (S$/100 kg). Coconut oil Buk FOB 43.00 CMd drum FOB 56.00 New drum FOB 60.00 Robusta 20/25% FOB NSW Nutmeg HO FOB NSW BWP FOB NSW Gambier FOB NSW 565.00 1355.00 1356.00 330.00 Copra Mixed (loose) Pepper Muntok Whit*
      136 words
    • 88 12 OIL PRODUCTS SINGAPORE petroleum products were lively with naphtha and kerosene firmer but gas oil and fuel oil weaker. Strong demand for kerosene continued into Japan and most local consumers, while supplies remained restricted. Closing prices for crude (fob origin) US$/barrel Change Dubai (Oct) 12.95 WT1, West Texas Intermediate, (Oct)
      88 words
    • 177 12 MALAYSIAN crude palm oil prices closed higher yesterday on covering and some speculative buying, supported by the rebound in overnight Chicago soyoil futures. Dealers said Pakistan's RBD palm oil enquiries (or Sep 1/Sep 10 shipment also aided sentiment, but no deal was concluded due to lack of offers.
      177 words
    • 91 12 THE PRICE s< tfa sa the Knit Lnpv Hi Market dipped ecali to MH4JI p« kg yesterday, malaiy m tmmmi mIIDnkn said sfterlags tow—i to 1M touea from W tof Msalig'ftt wtotover price they eeald get as tocy did ■at expect Ike rkut to NMver sakstaatlally la the
      91 words
    • 197 12 SOYBEAN FUTURES on the Chicago Board of Trade closed mixed on Monday, ranging one cent a bushel higher to IV* US cents lower, after November and January fell to life-of-con-tract lows early. Prices initially were under pressure from the outlook for a bumper crop, although talk of a possible
      197 words
    • 322 12 SINGAPORE The market closed slightly higher yesterday with September One RSS buyer* quoted at 17SJ0 cents a kg, up 0.25 cent from Monday. The morning session lost 0.25 cent, after fluctuating within a narrow range in quiet trading due to lack of interest Trading in the afternoon was also
      322 words
    • 252 12 RAS prices S cwtiAi F08 fc NCX 3N CLOSE tnt 1 RSS Prompt tuyeri 176.25 SfftOfB 177.25N 176.75 177.75N In* 1 RSS Sap 86 176.25 177.75 176.50 177.00 Int 1 RSS Oct 86 174.75 175.25 174.75 175.25 trrt 2 RSS OP 172.00 174.00N 172.00 174.00N Int 3RSSOP
      252 words
    • 78 12 [CMtl/kf, 1-ton f OCT 86 SEP 86 (curron t month) it 1 v* orworo month) MOON NOON RAS Bwyan SsSot Mn Solan SSR 20 157.50 159.50N 158.00 160.00N SSR SO 154.50 156.50N 155.00 157.00N MRELB Bvrw* SMR CV 238.00 240.00N 238.00 240.00N SMR L 238.00 240.00N 238.00
      78 words
    • 189 12 WHEAT FUTURES on the Chicago Board of Trade were mostly lower at Mooday's close, ranging ltt US cents a bushel lower to 2V« cents higher. Most delivery months were lower with pressure from a lack of demand on cash markets resulting from the need for elevator storage space for
      189 words
    • 72 12 Bangkok (USS/t«MM. FOt) Broken Ric« A-l Super A-l Sptool 135 132 White Ricc C-l Special C-l 3rd unq unq 100% 1st doss 100% 2nd ckisi 230 Loonzoin Ric* 100% 3rd class 225 100% 1st grodt 100% 2nd grod* £1 5% 215 100% 3rd grode unq 10% 210 15% 205
      72 words
  • Page 12 Advertisements
    • 1106 12 Compagnie Financiere de Paribas Head Office: Banque Paribas, 5, rue d'Antin, ***** Paris, France. Singapore Branch: 16 Raffles Quay #39-01, Hong Leong Building, Singapore 0104. Tel: *****44. Exchange Rate: At 31 December, 1985: US$l.OO FF 7.561 Consolidated Balance Sheet (At December 31, in millions, before appropriation) Cash and central banks
      1,106 words

  • SHARE INFORMATION
    • 4111 13 THE SINGAPORE stock market demonstrated its strength yesterday when share prices rebounded on keen buying support following panic selling arising from news of Tan Koon Swan's imprisonment. However, at the close of trading, falls still led gains by 114 to 45. But the
      4,111 words
    • 201 13 SINGAPORE Risss M Gtaa 1*3 MM* HMp 442 C h»»niw 426 M Laoaf 360 Mmh CM 273 k«l W< 29 a— M »4 ICS 615 tort—— Mm 404 PELS 346 Falls S f M 800 M lnwrw 660 50t 326 KMtaekf V* 328 KOI 414 ICS 396
      201 words
    • 4350 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 648 I 655) (3) 1.68 (6) 1 69 (9) 1.67 (9) 166 (9) 1.65 (8) 1 64 (3) I 62 (3) 1 63 (5) 1 59(3) 1.61 (13) 1 60(5) 1.66 (4) 1 60(25) 1.62(17) 1.61 (1) 1 65
      4,350 words

  • COMPANY NEWS
    • 513 14  -  By AMY CHEOK TWO PRIME properties belonging to Malayan Credit Ltd Ardmore Park and Marina House are worth almost $120 mfflkm more than their net book value, according to an internal valuation carried out by the company directors at year-end. Malayan Credit's auditors, Goh,
      513 words
    • 337 14 MBT BATU KAWAN has agreed to extend the completion date for the sale of 2.75 million shares of $1 «•oh in Duff Development to Kumpulan Limabelas from Aug 22 to a date not later than Oct 22, 1906. This Is exactly a year
      MBT  -  337 words
    • 117 14 HONGKONG Hongkong Inbox Tu«day 1198.59 NAonday Qo»«d Wdk ogo 1211.78 All Industrials Tuasday 1873.0 Monday 1874.2 WMk ogo 1881.6 NEW YORK Hong Song Tuesday t A n n rirnr AAOOOOy WMk ago Indox 1917.00 OoMd 1935.69 Dow Jo«M Monday Cri Ami rnoay WMk ago IS 1871.77 1887.80 1869.52
      117 words
    • 206 14 Mwywyrie* Singapore Un Tha Commarca Th« So«*ni Fvr»d S'pora Prog Fvnd S'portSKhni S por« him Fund S'pora Equity Fund Asia Unit' M4 tovaat Fund Mai Frog Fund Mai SacuHty Fund Mai Bwta>« Fund M«* EqtAy Fund Mai Com. Ftaid It TIP 0 86 0 7* 0.35 0.591 0
      206 words
    • 504 14 THE KUALA LUMPUR stock market turned slightly easier yesterday with news that Malaysian politician/business man Tan gftwi Swan was sentenced to two years' Jail and fined *****,000 (or abetment of criminal breach of trust. However, most counters were off their lowest levels as
      504 words
    • 2316 14 MMSTIMLS (200S) *d 31 OS) (8) 300 xd AkoT(7oe) (2) 72 (18) 71 (10) 70 ASS (588) (2) 57 V* (1) 56* (1) Ar\aiß73Si (17) 75 (29) 76 (14) ASMO 7 118S) (98) 119 (90) 118 (9) 114 (39) 117 (5) 115 (60) 116 (65)
      2,316 words
    • 548 15  -  By RAMESH CHANDIRAMANI A LEADING CIGARETTE manufacturer, Rothmans of Pall m«ii (Malaysia) Bhd, has turned in another record breaking performance which has even surpassed an earlier forecast by directors. Improved sales, lower interest and depreciation charges plus tight cost control has helped the
      548 words
    • LATEST RESULTS
      • 100 15 For the year to end-Dec 1965, pre-tax losses were Msl.BB million (profit of M 52.29 million) on turnover of M 53.65 million (M 53.96 million). Losses after tax were $2.49 million (profit of $1.16 million) giving loss per share of five cents (earnings per share of 2.4 cents).
        100 words
      • 41 15 For the six months to endMarch 1966, income before tax was 691 million yen on revenue of 70,754 million yen. After taxes, income stood at 241 million yen and net income per common stock is 0.73 million yen.
        41 words
    • 537 15 A SUBSTANTIAL improvement in the profitability of its associated companies has helped to shore up the interim performance at government-backed trading group, Intraco Ltd. For the six months to June 30, 1966, Intraco reported a moderate 8 .8 per cent drop in group
      537 words
    • 639 15  -  Liquidators put realisable value of assets at a mere $3.17 m By NAJEEB JARHOM AN UP-TO-DATE PICTURE of the situation at Selco Singapore has revealed that its numerous creditors which are owed $74.6 million stand only a slim chance of recovering even part
      639 words
    • 278 15  - UEL manages to trim interim pre-tax losses to 1.77m By LORETTA McLAUGHLAN DESIGN, construction and civil engineering group United Engineers Ltd successfully reduced pre-tax losses from $4.52 million to $1.77 million in the half year to end-June after reducing operating lasses from $5.07 million to $2.26 million. The improvement was
      278 words
    • 341 15 S CHANDRA DAS and Charlie K P Phua have resigned from the board of At l—i ■mm Corporation Of Mngsjirn Ltd on Aug 7. Their respective alternate directors, Gopinath Pillai and Thang Kwek Min, have also ceased to be alternate directors of the company. WKARNE BROTHERS Ltd mm
      341 words
  • Page 14 Advertisements
    • 457 14 /Jl yy J A A/ 7f AJ fWMW.s isj' i T f/ r /j t w t r /r> mt (Incorporatad in Malaysia) ANNOUNCEMENT The Directors are pleased to announce: 1. Audited results for the year ended 30th June 1986: GROUP Turnover TRADING PROFIT after charging a. Interest on borrowings
      457 words
    • 214 14 NOTICES i.'i. i 1 y. i i. OOMPAMB ACT, CAP! or WALL At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 9001 Beach Road #07-* Golden Mile Complex, Singapore 0719 on Wednesday, 27th August 1006 the special resolution set out below was
      214 words

  • Page 15 Advertisements
    • 816 15 CITIBANK© Citibank, N.A. (Incorporated with Limited Liability in the U.S.A.) CONSOLIDATED BALANCE SHUT IN MILLIONS Of U.S. DOLLARS Cash and Due from Banks Deposits at Interest with Banks Investment Securities (Market value $9,892 in 1965 ond $6,387 in 1984) Trading Account Assets Federal Funds Sold and Securities Purchased Under Resale
      816 words

  • 358 16  -  By BRIAN GOMEZ, Regional Correspondent VISITING PHILIPPINE President Corazon Aquino returned to a theme of improved "regional interdependence" in a speech at a gala banquet held in her honour last night by President Wee Kim Wee. "The ideal of tree trade is neither new
    358 words
  • 329 16 SINGAPORE is keen to work out joint tourism packages with the Philippines, which has identified tourism as one area that can be quickly developed to bring in foreign exchange. This and other common interests were discussed by the leaders of the two countries
    329 words
  • 496 16  -  Committee to discuss jailing of Koon Swan Tan Koon Swan THE MALAYSIAN Chinese Association has urged its members to "remain calm" pending a meeting "soon" of its central committee to discuss the jailing of its president, Mr Tan Koon Swan, by the Singapore High
    496 words
  • 440 16 THE STATE of relations between Malaysia and Singapore was totally separate from the issue before the Court, defence counsel in the Tan Koon Swan trial admitted yesterday. Mr Peter Yap, defending Tan, was responding to a point raised by Deputy Public Prosecutor
    440 words
  • 84 16 OOMEX gold futures edged up slightly yesterday on scattered early buying by dealer houses before backtracking to unchanged on mixed profit-taking. The key December delivery held at the previous night's close of U*****.50 an ounce after trading briefly at US$3BB.OO. Silver futures drifted higher in thin
    84 words
  • 63 16 Reuter WALL STREET stocks yesterday jumped higher in early trading as futurearelated buy programmes moved in. The market also got a boost from prime rate cuts at several large banks, reacting to the half-point discount rate cut last week. The Dow Jones Industrial Average surged 21 points
    Reuter  -  63 words
  • 123 16 Reuter THE PORTUGUESE-RUN territory of Macao will extend the licence of the company operating its casinos to the year 2012 to allow it to float shares on the Hongkong stock market. Government officials said yesterday that Macao Tourism A Amusement Lid's licence did not expire
    Reuter  -  123 words
  • 306 16 Reuter JAPANESE businessmen yesterday said the European Community's decision to impose duties on Japanese photocopiers shipped to Europe was highly political and economically unjustified. Japanese photocopier makers did not compete directly with European companies, they said in Tokyo. Most European companies did not manufacture small and
    Reuter  -  306 words
  • 101 16 Reuter THE JAPANESE Finance Ministry will prepare a supplementary budget bill for parliament by the end of October. Finance Minister Kiichi Miyazawa also said, however, that there have yet been no decision taken on the amount of money involved or ways to raise it The director
    Reuter  -  101 words
  • 137 16 CAMBODIAN resistance leader Prince Norodom Sihanouk yesterday attacked the Non-Aligned Movement, which he helped found, for becoming "very much aligned in favour of the Vietnamese and their Soviet masters". He said on arrival in Bangkok from Kuala Lumpur that the "Non-Aligned Conference in Africa
    137 words
  • 407 16 Reuter SOUTH KOREAN President Chun Doo Hwan sacked his foreign and trade ministers and several prominent political hardliners in a Cabinet shake-up yesterday, but stood by the men steering the country's fast-grow-ing economy. President Chun retained Prime Minister Lho Shin-Yong, Economic Planning Minister
    Reuter  -  407 words
  • 236 16 UPI THE Hongkong and Shanghai Ranking Corp, the British colony's largest bank, yesterday reported an unaudited six-months profit of HK51.197 billion (US $153-5 million), up 7.9 per cent over the same period a year ago. The profit was arrived at
    UPI  -  236 words
  • LATE FILE
    • 44 16 Reuter FRENCH trade anions are trying to overturn a government decision to set op a cheap-rates port of convenience In the TimMmh <v—« which they tear will lead to more Job loans, a union official In Paris mid yesterday.
      Reuter  -  44 words
    • 49 16 UPI THE LEADER of the Muslim separatist Moro National Liberation Front, Mr Misuari, Is returning to the Philippines next week from self-exile In Sand! Arabia for talks with Prssidtnt Coraxon Aquino on ending the war for Muslim self-rule, it was announced In Manila yesterday. UPI
      UPI  -  49 words
    • 32 16 AFP The Soviet Union ywrtndsy agreed to sign the South Pacific nuclear-free zone treaty protocols, it is tne nrst nuclear power to agree publicly to this. AFP
      AFP  -  32 words
    • 41 16 AFP CAMEROON yesterday became the fourth black African state to renew diplomatic ties with Israel since 1171. Both countries announced the resumption during a visit to the west Africaa state by Israeli Prime Minister Shimon Peres. AFP
      AFP  -  41 words
    • 56 16 AP DURING the past six months China has become the largest arms snppher to Iran, despite US efforts to stop the shipments, The Washington Fa* has reported. It quoted US offlctah as —a saying chitm n&a aeuvereo at least USm million worth of mtssllss and
      AP  -  56 words
    • 54 16 Reuter THAI opposition pnMttrlans yesterday said they would force a vole of no confidence on trune Mmmer rTem iin■ulanonrta unless he took legal action against a Cabinet member accused of lnsulltog the monarchy. They want Phong to quit, saying he defamed the monarch while campaigning for
      Reuter  -  54 words
  • Page 16 Advertisements
    • 67 16 s. Eußlur 16 pages of penetrating u viewt about worid M trends and events A MONTHLY JOIIMUI OF IMA AMJI AAA! irnerview wim EDB chairman Philip Yeo Profiles of the iDB offshoots JTC, SIM, NPB, DBS and Sisir Housing loans: More paths to that dream-house HUDC revisited: The controversy continues
      67 words
    • 148 16 Feel the pulse of Electronic Technology Industry at the 6th International Fair For Electronic Components, Assemblies, System Packaging Production Technology ASIA-ELECTRONICS '86 21 25 October '86 WTC Hall 4-1-5. SINGAPORE concurrently with ELECTRIC-ASIA '86 *Over 500 exhibitors from 30 countries, including 14 national groups. The Trade Show With The Widest
      148 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 143 17 KAOHSIUNG PORT has overtaken Kobe to become the fourth busiest container port in the work). The Taiwanese port in 1985 recorded a total container throughput of 1.9 million TEUs an increase of 26,000 TEUs surpassing Kobe which handled 1.85 million TEUs. While the
      143 words
    • 126 17 AFP A TAIWANESE cargo ship collided with a Greek freighter on the Chao Phaya River oa Monday causing estimated total damage to both vessels of US$l.5 million, Thai marine police said. Police said the Taiwanese container Unl Humanity Keelung was upstream to Klong Toey Harbour and the
      AFP  -  126 words
    • 382 17  -  By G DURAIRAJ CONTAINER traffic growth at Penang port outpaced the overall growth in traffic during the first half of this year. Container volume increased by about 4 per cent to a total of 54,961 nSUs, compared with 52,744 TEUs handled during
      382 words
    • 461 17 PANAMA is set to make changes in its new examination system for officers and ratings by accepting the validity of certain non-Panamanian licences. Since the examinations were introduced at the start of this year to test the competency of crews sailing in
      461 words
    • PORTSIDES
      • 77 17 AP ONE GIRL was killed and another still missing after a sampan collided with a Chinese ship carrying more than 500 passengers and crewmen in Hongkong yesterday, Hongkong marine police reported. The two girls had been riding with their parents in the sampan, which capsized
        AP  -  77 words
      • 64 17 NYT THE UNITED STATES Navy is preparing to search Egyptian waters in the Mediterranean for the wreckage of an Israeli submarine, US Defence Department officials said. Israel has searched in vain for the submarine, the Dakar, a diesel-driven vessel that sank with her crew of 69
        NYT  -  64 words
    • 342 18 Aug 26-29 Offshore Northern Seas, offshore technology conference and exhibition, Stavanger, Oslo. Aug 27-29 Towards an efficient port industry, Lloyd's of London Press international maritime seminar, The Berners Hotel, London WL Sopt 5-4 Prospects of maritime cooperation in Europe. International conference organised by AGPOL and co-sponsored by Lloyd's
      342 words
    • 1023 18 Lloyd's Shipping Economist OPERATORS OF supertankers are now happier than they have been for years. Not only Is increased demand for tonnage to move cheap Middle East oil pushing up spot rates but also cost trends are strongly favourable. Second-hand values have
      Lloyd's Shipping Economist  -  1,023 words
    • 900 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Lin* VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL M 2/3 ASCL i 1 Bolt-Canada Line
      900 words
    • 176 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      176 words
    • 182 19 UPI TYPHOON VERA, packing 162 kph maximum winds, swept the southern island of Okinawa yesterday. A Panamanian freighter with 11 Indonesian seamen aboard was reported in distress in the typhoon-bat-tered sea near the island, Japanese maritime officials said. The 464-ton ship Tatoag sent out an
      UPI  -  182 words
    • 414 19 Lloyd's List ORDERS FOR eight tankers worth up to about US$22O million are in prospect as (our Norwegian owners prepare to take advantage of combined low shipyard prices and the most promising conditions in the freight markets for years. Leading tankship owner
      Lloyd's List  -  414 words
    • 328 19 Reuter IRAQ'S raid on Iranian oil export facilities two weeks ago appears to have severely disrupted Iran's oil exports, although Tehran is struggling to maintain operations as best it can, shipping sources in the Gulf said. Iran spent precious days
      Reuter  -  328 words
    • 266 19 UPI A "MAJOR SHIFT" In navy operations, increasing ships and sailors in the North Pacific to meet a growing Soviet presence, was announced on Monday by US Navy secretary John F Lehman Jr. A "myopic bias" of looking eastward has been
      UPI  -  266 words
    • 71 19 AP FOREIGN AND OIL Ministers of the Saudi Arabian-led Gulf Cooperation Council (GCC) met in the Saudi summer resort city of Abha to ways of coping with Iranian threats to the region's oil shipping. The GCC states Saudi Arabia, Kuwait, Qatar, the United Arab Emirates,
      AP  -  71 words
    • 236 19 NIPPON YUSEN Kaisha has introduced Moisturegrip, a disposable moisture and water absorption product that can be speedily attached to the ceilings of dry cargo containers. According to Fairplay magazine, the product can be attached to a container ceiling by one person in about five
      236 words
    • 6105 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.
      6,105 words
  • Page 17 Advertisements
    • 691 17 Concise Comprehensive Contemporary ID FEDERAL Cmtdtm Une mm amrm tanas turn/ oo» 200 Cantonment Road #12-05 Soettpoert. Support 0201 Tel *****U TU£X NO RS ***** TEJMNM./CTS 3200 211 TO 220 BOOIUNGS 3200 234 TO 235 K3MU MM JHPTW6 NONCES SM. M. PfTALAK MYA TEL *****80/*****75/*****02 Tdo No MA***** PENANG TU
      691 words
    • 68 17 OPERATORS OF supertankers are now happier than they hare been for years. Not only is increased demond for tonnage to move cheap Middle East oil pushina up spot rates but also cost trends are strongly favourable. Page II FOUR Norwegian owners prepore to take advantage of combined low shipyard prices.
      68 words
    • 650 17 PUBUCftnONS THE HEART OFTHE MAERBK LINE FASTEST TRANSIT TO EUR SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS 20 DAYS SINGAPORE/HAMBURG p—V—! Vor S" por« EXPORT TO USA. EUROPE. •Support Ckaatlm a- laisM mb en ua aa mb CT 1/1 IM* MB CFS Sia 23H MS t's i"'.at ,i
      650 words

  • Page 18 Advertisements
    • 593 18 NOTICE SELCO FLEET > i i u IN AMMTIOM TO TMS VESSELS OSSVIOUSLV ADVERTISED AM THf FOLLOWING VESSELS ASEAN PRINCESS wooden pleasure/launch boat 19.6 m x 4.10 m x 2.10 m. Ysar built/rebuilt: 1978/1986 Spore, 480 hp. SUHAILI4OO2 T.S. Utility Vessel 1740 bhp 12 knots, 35.44 m x 10.02 m
      593 words
    • 440 18 L NOTICE TO SHIPPERS AND CONSIGNEES REGULAR LINER SERVICE TO PHNOM PENH KAMPUCHEA Please be informed that with immediate effect M/s Lizena Pte Ltd has ceased to be our handling agents of the following vessels:ETA ETD MEKONG EXPRESS In Port 2/8/86 MEKONG VENTURE 14/8/88 21/8/86 Vessels also cat* Ports subject
      440 words

  • Page 19 Advertisements
    • 684 19 The Straits Steamship Group STRAITS SHAPING Sinpipnii to jitoah, jMiwik. Brunai Ports and Bangkok J Ovaraaaa Containar® Limited rf»"i/':>'! .iAtm Vmm PJOMI a/9 31/1 M/ 9 95/9 11/1 12/9 21/9 23/9 21/9 21/9 M/ll M/ 19 11/9 21/1 22/t 23/t 25/1 23/9 25/9 27/9 21/9 31/9 •1/11 93/19 95/19 91/19
      684 words
    • 737 19 NOTICE ■announcement" Sea Containers Asia Ltd and Sea Consortium Pte Ltd announce that with effect from September 1, 1986, Sea Consortium Pte Ltd have relinquished the Sea Containers Agency in Singapore and Malaysia. Sea Consortium Pte Ltd will however continue to act as consultants to Sea Containers. Sea Containers Asia
      737 words

  • Page 20 Advertisements
    • 282 20 Hapag-Lloyd TO CONTINENT. UK EXPORTS TO EUROPE MED Wilii|Pini|l«H L QUNGMO 11/10 i a— 17/u mm Stmt Nkwf Mm Kim »'w» 11/11 W/ll— 11/11 14/1217/U- ivu FROM N CONTINENT &UK IMPORTS nrni 1 INTERNATIONAL FREIGHT FOHWAHOERS CONSOLIDATION SERVICE WEEKLY Singapore: BIRKART S E A. Tel: *****11 PI Kelang: BIRKART SDN
      282 words
    • 565 20 Si FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ B Member nl the Ate Consortium W" ROKJM MCEJM 35H 3/9 KTTUC CRTSTM. 3M ll'ai'f.' FROM EUROPE VIA SUEZ 1 s M <" mber of the Ace Comcitium (4/9» 2/9 in in 10/9 12/9 (11/9) 9/9 113/9 14/9 17/9 22/9 SEVEN JUS
      565 words
    • 288 20 OL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** &RS ***** .1 :V \SI IK\ \K I INI K I I I). STRAITS/JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS loadmc at appropriated Berth P4-P5 NOTE: ALSO CALLM6 OTHER JAPANESE TOUTS, HONGKONG, TAINAN CMESE
      288 words
    • 718 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST OUTBOUND INBOUND febo m scp motto m lax vc sn n m Mona m no imom kMcaamn 23/9 km hum Ml IKK M Pat Mcnc MRM 24/9 24/9 27/9 no GLEAMT Ml GOODS 4/1 MCT
      718 words

  • Page 21 Advertisements
    • 783 21 PACIFIC INTERNATIONAL LINES y \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 QOWA KOTA SMOA MAJAPAMT FAR EAST CONTAINER SERVICE SIN JKT MY SIN MKG KAO -TCH KCE BUS HTC VOK KOB KM SM SM SM 20/8 1/t 3/S 4/» 5/9 7/9 11" 2/9 5/S 5/9 10/9
      783 words
    • 674 21 BEN LINE CONTAINERS IK J JEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH PACFIC ISLANDS I *73/457 XS» WO VB El] ELK ¥231 m Hk| Lm Pt Morel* Anck/Taw nn o/io u/io if/io 23/10 20/10 20/10 Sata Aack/Taar 25/10 20/10 ACCEPTMC fa AN) La
      674 words
    • 396 21 DJASAGETRI .A Joint Europe Service Of: P.T. DJAKARTA LL9YI P.T. BESURI LLOTB P.T. SAMB9ERA IWMESIA P.T. TtHKOIA LUYB as I i EEMZsSB T '.rr\ f j* DJAKARTA LLOYD INDONESIAN NATIONAL LINF ilMI! rran mm |2V» riMB 112/11 no IWiIMIWK 23/18 25/11 27/11 IVII M/ll li/U ALSO ACCEPTWG BOTH CONTAIERS, CONVENTIONAL
      396 words
    • 322 21 BOUSTEAD SHIPPING AGENCIES m PAGAN Vlo7* MEMU V74H PA-AN V 100« HTOKYM V/214M V* BURMA FIVE STAR (Burmese National Line) Loadhf for Ranfoon S'por* Plriai Wi 24/22 s* nm M BANK LINE FORTHBMK VI7S Spore 22/9 TOANA NUGM V2S Spirt 24/11 (PNG ports: TOOT MOKSBY/KCTA/lUBML/KMC/LM) (KL Aft for PNG Svc:
      322 words

  • Page 22 Advertisements
    • 1044 22 USA CANAD ITLMITIC COAST (Hound Tho World Sonrico) *J IV LINE KAWASAKI KISEN KAISHA, LTD. 0. KMGHT *21 S S. BRDGE V36E/VERRAZANO BMKE VB2 H GARNET V 5 0. ORENTAL FREEDOM VlO Accapton LCI Carp*} to I Kim. RDnn/F'stowt. (Scan Paris via HUuri) T ,T AIWAM-JAP AM-CHIIIA-MAIIIL A IMNLA STORE
      1,044 words
    • 684 22 AUSTRALIA EXPRESS CONTAMER SERVICE Accepting FCL/FCL Containara fttdn P HeUnt Lmh* Vessel Spert Meft Frea Sr# Also Acctp CHANHDAS V2l 4 Sept 21 Sept 30 Set* 28 Sept Adel/Bns CALABAR *27 t Sept KABWOAS V3O 17 Sept 2 Oct 11 Oct 9 Oct Met/Bns ESna(>P(RV7 21 Sept RAtaOAS »n S
      684 words
    • 574 22 GOLDEN LINE WK.SV GUAM GUAM SMTHG (PTE) LTD I 23. IM If* Mwt IT T S SKtPOK MM TU UUM (II UKS) STRAITS/PERSIAN GULF SERVICE: s*« WUBIMMOI (Mombof*JiKh/Ock»/»*im TUtl te| CHfftA OCEAN SMPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA nil' LfZlQiUlAJLlElliLij •n* fwm 22/9 21/1 22/9 23/9 1/1 2/9
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    • 448 22 INTRASEA (PTE) LTD 10 Anson Road c 27 16 Internationa' p a/a Singapore 0207 Tel 2246 C >ll ilO L■ nes o" BREAKBULK SERVICE TO EUROPE/UK KOREAN PEME *****1 r 9m r. kPd ■OT/flMf/aCIC/W (MOD wnt-ji i men 71M714 CISISI/2 PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX
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  • Page 23 Advertisements
    • 762 23 p»t ionic usuan rn ltd. n w/aust m/su i«i ib «Mct inw crs boowncs mnn *****53 *****42 271*77 *****22 *****53 OR BKCT IMS *****19 27*111 f m mad HfM NEPTUNE ORIENT un rnmwa.tm.nma/mm/mmanmim vniuil I l_ll>lCO LI U Klu*pa NEFIK SON. MD. 24tt771/*****34/*****35 NEPUC SON. M>. *****71/*****34/*****35 KMC SON BHD
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    • 413 23 Veiuh Rant I Lto/C95 Hi I Dona* MM* Hi. 7 Hi Own/MTU Ik i hwu HM TJJL/M7 lb. t taaM/MWN 6mm* wrrty it Gifrii VM7S/H frtrtc 29/I/9S lm IMn-liNn u lb il SKM »UNIS Nl PIUNf AGINCKS PIT lID lei 7/***** 7??7blO 7?1707? (Operations > 7??7487 *****84 < terminal l
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    • 451 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULDM6 55, Market Street Sinfapore 0104 Tefc *****33 (15 Lines) Te Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS ***** F KELAMG POIAMG M/S SHAMKAT NAM SOON SON OM>. IST AND 2ND FLOOR. MESSRS HM THONG SMPTBB 127 Penaw
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    • 39 23 Vf/ /.S7I//V LiISF J*r*H HOMCKONC iTRAiri NO *J7* I *103* •w. T .r m»; i fan* cwo v^m SHBUSANA MEISHN I M Y. TFT* CO. PTE. LTD.. 143. C*d SM. #11-M a M*> ftm UK IH_ 223*22 (2 Uw)
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  • Page 24 Advertisements
    • 352 24 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) icsa Iwt Ismvaa Ftiyra i 1 Jiu' ~■irrw liTm F~m Br*CTiTMi rriTO ■WlltlLfll THTI nr^r—-3 rang Ti THAILAND T7IM n EH IBM ma m rn MALACCA STRAITS FEEDER SERVICE 3 SAILINGS A WEEK H_ I CM Inrrricii Inron ntr Rininn PTlSc'ii
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  • Page 24 Miscellaneous
    • 147 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. o* Wind direction with speed in knots Wove height LEGEND R Thunderstorm C direction with speed in knots y Shower Ram Wave height Cloudy Sky Surfoce winds ore indicated by orrowj which Hy with the wind One fu# circle represents
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  • 853 25 AT CONVENTIONAL WHARVES VNN) Barth Arrival Departure KEPPEL WHARVES AHesom K19 alongside 27.8/0100 Auby K25W alongside 27.8/0600 Lomn K12 alongside 27 8/1200 TKomoseverett K21 alongside 27 8/2300 Trans Fjord K9 alongside 27 8/1500 Bintong Sena K25E 27.8/0600 27 8/1300 Builder 3 K23 27.8/0700 28.8/0700 CruaeMuhibah K35 27.8/1200
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  • Page 25 Advertisements
    • 143 25 LCL/FCL TO as IB:' Vfj SMGAPOK m. *****11 (12 IMS) rORT KQJW6 TQ *****07/1 PO«M6 TEL *****7/3&5064 WSC AGENCES K. LUMPUR *****58/*****56/*****45/*****93 P. KELANG *****11/4 TERMMAL *****41/2 POMNG *****2/*****3/*****4/*****3 P. GUDANG *****3/*****5/*****1/*****0 J. BAHARU *****4/*****4/*****5 LEOSHP STORE *****22 FAR EAST/EUROPE CONTAINER SERVICE EDIIZH EHH CDH QZH EZZS EZZ9I EHI n"ir"iryimfi
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    • 4 25 CHART POINT •v«ry SATURDAY
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    • 682 25 f CORMORANT BULK CARRIERS VANCOUVER B.C. CANADA •DOOM/ USA AN) CANADA NEST COAST COMDmONM. SOMCI 10MME FOR KB MBOn. SAN FRANCBCO 01 WW m nm mm wax a-i/ii j-4/ii i-ii/ii una i mow rain smkct mucosit NXXOtt/ UM CONKNTONM. SERVICE I (MOM FOR MMMAS HUM RORBAY UP MB SUM CMEBON
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    • 375 25 CN C LINES General Agents CONTINENTAL FEEDERS PTE LTD Tel: *****51 Term'ral *****16 BENORIENT LINES LTD M. V I DIRECT SERVICE TO CHITTAGONQ Singapore Poftanf ALFESAN V.4/86 In Port General Ajentv CONFER (SEA) SHIPPING PTE. LTD. 1% touth «nde* RMtf, »wee i>«f m. Tat Noc SSUW7 OhM) Ml TAIWAN BANGKOK
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  • Page 26 Advertisements
    • 454 26 FINE-LINER SMPPIN6 PTE LTD TEL: *****52, *****62, *****62 TLX: R*****1 FLINER ACCEPTING FCL, LCL A CONVENTIONAL Fa I LCL I 1 2 "I STO/MEL/BMS/ADEL USA/CAAAOA KXTS s'l ''i 1: Huilriin. ROf HT !Fl FF AX NO CONTW&fir DOOR TO DOOR SERVICE r REGULAR TRANS-SIBERIAN CONTR. SERVICE fclacl TO: KABUL/HAIUTOII/TOIIfi/ItAN Abe
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    • 336 26 HEAP SENG TRADING SHIPPING PTE LTD •001 BEACH ROAD #19-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****22 (3 UNEB) TLX NO. R8 ***** HEAPCO ■fnfgHff a l-i i, —HKI KSSfI 10 T NO mm mm mm nt'.r;a. nx. v fX-iuiL'.,a-iITZ".H'IaiIAi MKT ASKI: SOUTH 30/31 MB I WT I WT
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    • 607 26 C.Y. LINE (A Mtmbtr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD cokmiubed semcc io Euton («u atn KOKAM MCUN 3M arnm xw KOKJM omnq am HONEKOHC can MO MR fpw vi 11/1 i 7 n 24/1 LMm Um fttmm tThmf •nm *■>—p 22/1 21/1 24/1 27/1 mi */i
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    • 595 26 Everett Lines i utunnn VAPOREES (CJ».V.) 'PERUVIAN STATE LINE" p loidinj tor Catoo Itotwm to ant other FVrw ports ait* tramtapncat it Koto <M On CPV Throafh Ms of la** to Iwal tostmaUxi A Nm|* f. «"N S*W" 6. 91/91 Am T m THOMASHOETT HUOMKTT mmouxkrett 21/27 ta| 4/7 tap
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    • 159 26 ZIM ttti'HH'i IiTT-rrr □LIT CONTAHU LME w mi it w VI 21/1 l/M VM VM VM ir» 12/1( 14/11 17/ M U/M a/M MmNMhiiaiKlkilMMMhi WSVOKY I 4/9/K I 24/?/* I 2S/9/K COLD STAR LINE :.it GOLD OMJ Abidjan/ Apapa/Lagos/ P. Har/Dauab/Tama/Manrwia/Lewe... Capetown. Mm accaptinf far DXJS nil Maiiibau/K STAR SHIPPING
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