The Business Times, 4 September 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, SEPTEMBER 4, lfB€ 75 CENTS
    12 words
  • 419 1 NEXT WEEK will mark the second birthday of the Singapore International Monetary Exchange, but it had an early birthday present yesterday, when its latest instrument got off to a flying start. Making its world debut, the Nikkei Average Futures Contract traded 1,638 contracts, the
    419 words
  • 662 1  -  Tong Kok Chai on board of Premier Realty By AMY CHEOK KA WAH BANK, newly rescued from bankruptcy by the Chinese and Hongkong governments, has filed in Singapore a suit for HK137.5 million (about 5510.4 million) against Tong Kok Chai, a businessman
    662 words
  • 369 1 A MAJOR EXPANSION of Malaysia's financial markets is being investigated, including the establishment of an over-the-counter market which will perform a similar function to Singapore's unlisted securities market. This would bridge a "very visible and widely open gap" in Malaysia's capital market according to
    369 words
  • 46 1 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday announced at the eighth Non-Aligned Movement summit in Harare the setting-up of the Independent Commission of the South on Development Issues with African leader Dr Julius Nyerere as its chairman.
    Bernama  -  46 words
  • 267 1 PROFIT-TAKERS continued to dominate the market yesterday, bringing share prices down across a broad front. Volume was almost halved from Tuesday's heavy turnover. The Straits Times Industrial Index fell 10.03 points to close at 841.02 and the BT Composite Index slid 9.79 points to
    267 words
  • 483 1 DEVELOPERS will now have a freer hand in choosing between condominium or other types of residential projects. This was announced by the National Development Minister Teh Cheang Wan last night. With effect from today, the Government is lifting the
    483 words
  • 352 1  -  By DAVID GABRIEL, Tiptciil Cow—pondnt THE LAW SOCIETY will hold an Extraordinary General Meeting on Sep 30, to discuss the controversial Legal Profession (Amendment) Bill, which was introduced in Parliament last The president of the Law Society, Francis Seow, said a special
    352 words
  • 144 1 Reuter BRITAIN yesterday announced its intention to borrow US$3 billion from investors in the larg-est-ever issue in the international bond market. A Treasury official said that the borrowing, repayable in 10 years, was being undertaken "to strengthen Britain's foreign exchange reserves at a
    Reuter  -  144 words
  • Page 1 Advertisements
    • 88 1 Cassette Receiver H2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****22 Kuala Lumpur Phone; *****33 Phone; *****5****** Jakarta: Phone; *****6 Start of A New Experience Kinta-Mani. Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood,Gado Gado, Sate (Satay), spicy Rendangs, Ayam Goreng, Chendol and more! Tickling your palate
      88 words
    • 316 1 Reversing the brain drain THERE ARE A NUMBER of Singaporeans working in Silicon Valley, California. They have the brains Singapore needs to turn the vision of a high-technology, R&D oriented economy into realitv. But what would it take to bring them homer What must Singapore do to create the right
      316 words
    • 284 1 Mora details, Pago 13 Asian stocks, Pago 11 Intl stocks, Paga 10 The shape of excellence Beauty, in its most profound sense, is more than a harmonic composition of form and colour. In the philosophy of Rado it signifies clarity and simplicity, style and perfection All these attributes are perfectly
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    • 1 1 i
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  • HOME NEWS
    • 536 2  -  By ANNA TEO MICHAEL FAM, the honorary graduate at the National University of Singapore's convocation yesterday, said home-grown multinational companies in industries such as food and drinks, hotels, biotechnology, printing and publishing, could emerge by the year 2000. One company well-poised to
      536 words
    • 188 2 FACED WITH lower starting pay in the economic slowdown, new graduates should think long-term in career planning and not be pre-occupied with immediate returns, the graduating class was advised yesterday. Urging graduates to go for further learning and training, NUS vice-chancellor Professor
      188 words
    • 459 2 DEVELOPMENTS are underway at the National University of Singapore to encourage more full-time postgraduate studies and for industry to tap its research expertise. Postgraduate enrolment doubled in three years from 1962 to 1965 and steps are being taken to increase the number, particularly to encourage
      459 words
    • 223 2 IF THE 31 ARCHITECTS from the Claw of 1906 stood out from their arts, building and estate management graduating counterparts at Kallang Theatre yesterday, they had cause to their hard-earned B Arch qualification now enjoy international recognition professionally. The B Arch now Joins the degrees of
      223 words
    • 252 2 SIMULTANEOUS LANGUAGE interpretation services and equipment can account (or half of a conference's budget, but can also mean more money overall for organisers. Miss Jona Eichner, the Far East regional director of Interlingua TTI group of the UK, said yesterday that with simultaneous interpretation
      252 words
    • 39 2 BT reported on Sep 2 that the new car valet service at Changi Airport was available from 6am to 10.30pm. The Civil Aviation Authority of Singapore has clarified that the service is from 6pm to 10.30pm.
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    • 312 3 THE COST to the Government of its decision to help out big local users of refined sugar and other sugar-based products has shown up in the latest revenue figures. Total income from these products during the nine months from October after the excise
      Source: Customs & Excise Deportment  -  312 words
    • 170 3 ARTHUR ANDERSEN Associates, which developed a banking software package locally for a Singapore bank, has sold the package to banks overseas. The package, Multicurrency Rank Accounting System, was developed for the Singapore branch of a Dutch bank but it has since been sold to an
      170 words
    • 129 3 ROBERT H AULD has been named country general manager, Singapore operations of Bank of America. Mr Auld, who takes over from Lawrence Briggs, joined the har.k in 1974 as a corporate finance officer in the San Francisco corporate service office. An economics graduate from Duke University, Mr
      129 words
    • 187 3 THE FORMER premier of France, His Excellency Dr Raymond Barre, will deliver this year's Singapore Lecture on Nov 25. His topic will be "Trends in the International Finance System". Dr Barre has a PhD in Political Economics and is considered "an intellectual with eclectic
      187 words
    • 80 3 A LABOUR FORCE survey Involving 6,000 households will be conducted this month by the Ministry of Labour. The ministry's interviewers, who will have identification cards, will visit the households to collect information on race, sex, age, occupation, industry and employment status. The employment and unemployment data will help
      80 words
    • 502 3  -  By BOEY KIT YIN QUALITY, DELIVERY and costs are three major areas where the local supporting industries are lacking, according to a survey on small and medi-um-sized enterprises (SMEs) by the Applied Research Corporation last year. About 22.5 per cent of customers surveyed were
      502 words
    • 108 3 (Chinese) /J> M ft ft jjx &p D n o *r**j22.sE jg D fa 8B ££ft N HIX #23.5 Efilj a/* p° fa I» ft a ft N IS o SttieiKWflSH ffc-gf*W*ft **s*>ĕieu«sinifc Bf|tJ£i£*rf&*j*i mKmtemmnvftnmftm »4 W«lfffl£iiJ«ft*¥ h st& ft r aa m M it n a ik*W.otjfii L «tf&D#
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    • 238 3 THE PUBLIC UTILITIES BOARD has been able to cut its manpower by about a fifth, from 10,000 in 1976 to 8,000 this year, said Mr Sidek Bin Saniff. The parliamentary secretary of the Ministry of Trade and Industry said yesterday that this cut in manpower,
      238 words
  • Page 2 Advertisements
    • 103 2 You've just been promoted. You've traded up to a 3 Series. You beot him at backgammon. How times have changed. (3* > For 3 woman, success, in itself, is not the whole story. It's having proven one's worth that counts. And enjoying the independence that comes with it. Simply, it
      103 words
    • 79 2 Choose from Kampachi's exquisite KAMPAcffr Japanese Set Lunches Japanese Restaurant jhe lofty prices and unfamiliar assortment of )apanese cuisine are common deterrents to many a diner. At the Kampacfii, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16++ per set, they are easy
      79 words

  • Page 3 Advertisements
    • 139 3 Prompt pick-up and delivery 24 hours a day Let's get you the Best Deal 3 W. -*r- Ml 1 m ■a rii "S Hundreds of listings available All locations and range of rentals Our strong market presence will benefit tenants in securing the best terms Tsui, t]rxYit fulfil Widest selection
      139 words
    • 98 3 Late Night Porridge And Buffet For Just $7.50" Feeling hungry and looking for a place on a late night out? /f For only $7.50+ per person, our supper buffet offers more than 15 mouthwatering varieties pickled vegetables, steamed salted fish, braised pork in soy sauce vegetables, steaming hot porridge all
      98 words

  • ASIA-PACIFIC
    • 419 4 AP CHINA WILL introduce a contract system for workers at all state-run enterprises and it will also grant the enterprises the power to dismiss workers who violate rules starting on Oct 1, the Minister of Labour and personnel said yesterday. The labour reforms
      AP  -  419 words
    • 194 4 AFP SOME ASPECTS of China's economy are out of control and the country needs a new system to manage the economy, Beijing's top economic planner said yesterday. As the country's economic reforms have become more profound, "some economic activity has gotten out of control,"
      AFP  -  194 words
    • 97 4 Reuter THE AUSTRALIAN government plans to ban smoking in all its offices throughout the country within the next 18 months. The Australian Public Service Board (PSB) said yesterday that it would hold discussions on the matter with the Australian Council of Trade
      Reuter  -  97 words
    • 373 4 NYT TAIWAN, embarrassed by its large and growing trade surplus with the US, has quietly acceded to Washington's demands that American insurance companies be given greater access to its US$l.5 billion-a-year Insurance market. A tentative agreement between the two governments was reached in early August,
      NYT  -  373 words
    • 275 4 UPI RICHARD LUGAR. the chairman of the Senate Foreign Relations Committee, said Philippine President Corazon Aquino has a potential political rival in Defence Minister Juan Ponce Enrile. Mr Lugar, who met Mrs Aquino last month during a trip to Manila, said she
      UPI  -  275 words
    • 134 4 AP ARCHBISHOP Jaime Cardinal Sin says Philippine President Corazon Aquino's popularity is endangered by "dissonant, destabilising noises from people around her" and that she must show Ae is in control. Cardinal Sin urged Filipinos (hiring a homily to a suburban Manila church to
      AP  -  134 words
    • 337 4 AFP THE JAPAN Communist Party (JCP) collected the largest amount of political funds last year to top the list for the 11th year in a row, the Home Affairs Ministry said. Political funds received in 1985 by the JCP, the fourth largest opposition party in
      AFP  -  337 words
    • 550 4 Reuter PAKISTAN, created 39 years ago as a sanctuary (or Muslims, is caught up in a controversy over how many o( Islam's strict tenets it should enforce. Most of the 100 million population are Muslims and under the nine-year-old rule of President Mohammad
      Reuter  -  550 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous

  • REST OF THE WORLD
    • 740 5 ARRIVALS operator S«vic« number Local time From *AS *AS W\AS SIA *c 3>A SAAS OA GIA SIA SIA SIA THAI MAS GIA SIA SIA OA SIA SIA LUFT SIA SIA THAI THAI CPA GIA MAS MAS MAS OTA SIA JAL SIA OA GIA NW SIA JAL SIA
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    • 284 5 UPI MULTINATIONAL corporations have become both predators and prey in today's protectionist Jungle, said the International Management magazine in its latest issue. Big worldwide companies still rely on the relatively open trading system, but they find themselves tempted more and more to resort to protectionist
      UPI  -  284 words
    • 94 5 UPI THE BRITISH are far less interested in making money than their commercial rivals, the US and Japanese, according to a Gallup poll made known on Tuesday. The poll, conducted for the London weekend television series, Fortune, found that only 9 per cent of Britons gave
      UPI  -  94 words
    • 338 5 AP THE COST OF LIVING in Peru went down in August, and the failing economy grew more than 4 per cent in the first seven months of the year as a result of a tight austerity programme. National Statistics Institute director Graciela Fernandez
      AP  -  338 words
    • 363 5 AP THE GREAT American man shortage may not be a* bad as some women seem to believe, say sociologists who studied what they call "the feminisatkm of loneliness". They found that there is no shortage of men in the marriage market only a
      AP  -  363 words
    • 512 5 Reuter SOARING GOLD and share prices have boosted confidence that South Africa's economy may finally be about to pull out of its deep recession, despite political violence and the threat of economic sanctions. Economists and businessmen in Johannesburg have reported a new
      Reuter  -  512 words
    • 130 5 AP THE US government has said that the Libyan people should decide whether they want Muammar Gaddafi to remain their leader. While not railing directly for his overthrow, the State Department said on Tuesday: "It's clear that the Libyan economy has been mismanaged
      AP  -  130 words
    • 417 5 Reuter OPPOSITION Labour Party leader Neil Kinnock has said that a Labour government would create a million new Jobs and stem the flow of capital out of Britain as part of a two-year plan to put the economy back on course. He
      Reuter  -  417 words
  • Page 5 Advertisements
    • 172 5 "I —"v < > VIV AT T >usiness choice, I yi /I I V every Tuesciay, Thursday, Saturday I I \l I I "\r~\ and Sunday. Leaving Changi Airport V J-l \L at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel
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    • 81 5 U it ten am/ latch/. IrSlukc-pcarc.'" "11uic.SirWdltci.hu t hunt thmkofj title. i -v» i t r. 'W i' <r "By Jove. I have itMeasure for Measure.' Jk MA 'v. w r \W f>l VT rw k jA I f *.Ty J' r^ixo^\y <-KjZ-r <~*d J WHYTE MACKAY 21 YEARS OLD
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    • 8 5 Australian 90W production aat to aonr Pago 12
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  • BANKING AND FINANCE
    • 297 6  -  By FLORENCE CHONG AUSTRALIA is releasing "Gold Nugget", its own new gold coins, into the world which, over time, it hoped could become as sought after as the South African Krugerrand or the Canadian Maple Leaf. A worldwide advertising campaign to market these
      297 words
    • 161 6 AFP ONE OF AUSTRALIA'S key overseas borrowers has entered the Euro-French franc bond market. The Australian Industry Development Corporation (AIDC) said yesterday that it had launched a seven-year, 600-million-French franc issue in Paris on Monday. The issue, lead managed by Banque Nationale de Paris with
      AFP  -  161 words
    • 266 6 Reuter SWISS NATIONAL Bank president Pierre Languetin is sceptical that target zones for foreign exchange rates are a workable way of eliminating harmful disruptions. Answering questions at a meeting of the Swiss-American Chamber of Commerce, he said many people are
      Reuter  -  266 words
    • 72 6 OVERSEA-CHINESE Banking Corp will cut its housing loan interest rates by half a percentage point from today, following the recent reduction in the bank's prime lending rate. With the new rates, loans for one to 10 years are charged 7.25 per cent interest a year,
      72 words
    • 304 6 Reuter THE DEMAND for credit from French banks slowed considerably hi 1965 and banks' traditional resources were lower, but their financial activities expanded, the French Banking Association (AFB) add in its annual report. aght deposits grew by 7.4 per cent in 1985 to 377.7 billion francs,
      Reuter  -  304 words
    • 1006 6 SINGAPORE: The US dollar closed firmer against most major currencies in moderate trading yesterday. The dollar's strength reflected Asian short-covering in the morning and European speculative buying in the afternoon following New York's failure to push it down significantly after the long weekend there. Rises in US long-term
      1,006 words
    • 507 6 BA Futures DECEMBER EarsMlar gapped sharply lower at 94.25 during yesterday's Simez opening on post futures cash market losses for bonds; concern over inflationary outlook; and higher oil and gold prices. The December contract traded lower after moving within a range of 94.26 and 94.22 in active trading. But
      BA Futures  -  507 words
    • Article, Illustration
      332 6 Asian market ASIAN DOLLAR deposit rates closed firmer yesterday compared with Tuesday's levels, in moderate trading. Rates finned mainly on concern over rising inflation because of sharp gains in spot oil and precious metal prices. News of a 2.2 per cent rise In US July factory orders and a 0.5
      332 words
    • 185 6 Interbank rotes at 3pm yesterday: Local dollar* to OMO unit of foroiffM Mar oi "MO US dolar Staring pound Auttrafean do*or NZ dolor Conodran dolor 2.1525 3.2104 1.3097 1.0450 1.5513 2.1535 3.2140 1.3125 1.0476 1.5531 2.8196 7.3469 3.4286 ***** ***** •23.66 •56.X -61.80 -69 52 -54.65 Local dollori
      185 words
    • 243 6 HONGKONG: The metal closed firmer yesterday in (airly active trading on late local shortcovering in response to persistent overseas buying. Bullion ended at U*****.50/409.50 an ounce compared with New York's u*****.70/406j0 dose and the USS3M.QO/386.00 finish here on Tuesday. On the local market, gold rose HKH37 to dose at
      243 words
    • 116 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 2-1/4 per cent yesterday, down 7/8 point from Tuesday's close. The one, two and threemonth term rates fell by 1/8 point each. S$ Inter bonl i rate at 7pm yest erday: OH* •U Ow niflht 2 1/4
      116 words
  • Page 6 Advertisements
    • 142 6 Australian gold production aat to soar, Pago 12 Savour the 'Manhattan Splendour' At the Manhattan Grill, lunch is a splendid affair. With smoked salmon, oysters and terrine and pate among the appetisers. Or create your own salad from the largest salad bar in town. The soups are delicious, too. And
      142 words
    • 24 6 CORUM me 0 m ft*. 1 il V mji k ArJ "4 '> VA > T 1 v 4 M I w!i,l.i'i''lMi Wmmm EH by Carom
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  • WORLD BACKGROUND
    • 696 7 Reuter YOU KNOW you are leaving the Soviet Union when they ask you for the "passport" of your piim** Such wearying paperwork is still the way of Russian life despite mmm" Gorbachev's campaign against bureaucracy, and few people imagine it will change much. One
      Reuter  -  696 words
    • 814 7 Iran's oil exports disrupted by attacks on Gulf tankers THE GULF WAR has imposed huge strains on the economies of Iran and Iraq, but Iraq's higher ofl exports are now giving Baghdad a crucial upper hand on the financial front, economists aay. Both sides
      814 words
    • 741 7 AP THREE YEARS before President Reagan startled the nation with his Star Wars dream of basing missile defences in space, the Boeing Co created a special office to line up ballistic missile defence contracts that experts predicted were on the way. "We got an
      AP  -  741 words
  • Page 7 Advertisements

  • FEATURES
    • 504 8 AS FAR AS intentions go, Philippine President Corazon Aquino's desire for conciliation with the country's communist rebels is a healthy intention. President Aquino did the right thing by throwing the national mainstream open to the New People's Army, especially those in it who were driven into
      504 words
    • 1561 8  -  They have the brains Singapore needs to turn the vision of a high-technology, R D-oriented economy into reality. But coming home isn't all that easy. It could well mean withdrawing from the frontiers of
      1,561 words
  • Page 8 Advertisements
    • 202 8 Ttff Learn from the real experts. ...from the men who orchestrated the success stories of the last decade and built corporate giants like AT T, Sears Roebuck, Westinghouse Electric, etc "VIEWS FROM THE TOP" is a hardback book of how the top men of American industry won their success. It
      202 words
    • 11 8 Business MONTHLY JOURNAL OF BUSINESS TV soriMiat i9u ON SALE NOW
      11 words
  • Page 8 Miscellaneous
    • 671 8 massmmi. N. CRYPTIC PUZZLE ACROSS 1 A Hi-de-Hi holidaymaker (6) 7 They make node-con-scious types less emp-ty-headed! (3- 5) 8 So long baby (2-2) 10 Drink corner (6) 11 Line of travel in two directions (6) 14 lon's own? (3) 16 This music is not out of the way (5)
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  • SPORTS
    • 431 9 AP AS HE PREPARES to meet the infamous "Freemantle doctor" off Australia's West Coast, Harry "Buddy" Melges says the odds are improving for his campaign to bring the America's Cup to the US Midwest. Melges, an Olympic medalwinning sailor and skipper
      AP  -  431 words
    • 185 9 UPI AMERICAN Ed Moses, world record holder, Olympic and world champion, on Tuesday ran the fastest men's 400 metres hurdles in the world this year to extend his winning streak to 118 races. Watched by 16,000 spectators on a chilly night at an international trade meet in Lausanne,
      UPI  -  185 words
    • 258 9 Reuter AN OKLAHOMA bank has attracted more than US$2OO,OOO in new deposits by pegging interest rates to college football win-loss records, encouraging fans to put their money where their cheering is. A new three-year certificate of deposit offered by the First
      Reuter  -  258 words
    • 704 9 US Open Mecir upsets second-seeded Wilander AP CZECHOSLOVAKIA'S Miloslav Mecir upset second-seeded Mats Wilander of Sweden 6-7, 6-3, 6-3, 64 on Tuesday to advance into the quarter-finals of the US Open tennis championships. Mecir will face another Swede, seventh-seeded Joakim Nystrom. who earlier on Tuesday defeated Matt Anger 7-6, 6-2,
      AP  -  704 words
    • 352 9 UPI WILLIAMS driver Nigel Mansell, currently leading the Formula One standings by just two points, isn't expecting any lucky breaks at this weekend's Italian Grand Prix. Mansell has wou (our of the dozen races so far in the 16-event season but his 55 points give
      UPI  -  352 words
    • 81 9 UPI SOCCER "king" Pele said on Tuesday he will make a comeback in January to play a seniors' match for Brazil, in an international tournament likely to include Germany, Argentina, Uruguay and Italy. Pele, who will by then be 46 years old, stopped playing full-time in 1976
      UPI  -  81 words
    • 415 9  -  By BRIAN MILLER ALL YOU tennis fans out there, keep your fingers crossed. The word on the grapevine is that former Wimbledon champion BJorn Borg will soon be visiting Singapore probably in November. However, and while it is not yet ascertained how long the
      415 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.
      99 words
  • Page 9 Miscellaneous
    • 1220 9 to sm mm AMERICAN IMMORTALS: Alexander Graham Ball Tha Voice Haard Round Tha World 9.50pm, Channal 12 This programme gives a profile of Alexander Graham Bell (1847-1922), the inventor of the telephone, and his family. It was filmed on Cape Breton Island in Nova Scotia, Canada, where Bell established a
      1,220 words

  • INTERNATIONAL STOCKS
    • 262 10 FT THE UK and US are expected to sign in the next two weeks an agreement designed to crack down on insider dealing and other forms of abuse of their securities and futures markets by international operators. Negotiators from the UK's Department
      FT  -  262 words
    • 157 10 Reuter THE HUNT brothers have asked a federal court to permit contempt proceedings against one or more of 18 major US banks which have sought to transfer the family's Placid Oil bankruptcy case from New Orleans to Dallas. Nelson Bunker Hunt, Herbert
      Reuter  -  157 words
    • 61 10 Reuter ROLLS ROYCE has formed a consortium with West Germany's Motoren- und Turbinen Union Muenchen, Flat of Italy and Spain's Sener, Tecnka Industrial y Naval to produce an engine for the future European fighter aircraft (ETA). The consortium aims to spend £5 billion developing an engine to
      Reuter  -  61 words
    • 331 10 Reuter SHARE PRICES on Wall Street closed sharply lower in active trading on Tuesday as futuresrelated sell programmes and declines in the bond market pressured stocks late in the session. Mining stocks, responding to rising gold and platinum prices, moved higher. The Dow
      Reuter  -  331 words
    • 132 10 $if 02 AbMbi a 22* tap Of a A hco Int Prov Rp« o M 43* 17* 41 20* 42 Vi 15* 13* II* Bank Nova Scotia ISM 3m unch Mc BkxM 37* 38* Motion A 25 i«tch 31* M 31* 27* IB* Canodkm bnp Bank 17* 15* unch
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    • 239 10 SIP 02 lad MMJSTUALS Tongoot Trutf 8k Un Stoat WooMm 745 123 70 1400 unch 1 ♦5 50 A Alpho Abarcom Aaa 1080 270 1300 490 inch 5 25 MM 4GS 6685 160 4900 1945 2750 100 30 25 Angvod wyvoor Butfah Z 2400 ***** 1925 3650 1150 3375
      239 words
    • 613 10 SCF 03 us$ Alcan Ak*r*n Alcoa Alog M AM Sif AM Starw Afe-Oafenan Am Brands Inc Am Can Co Am Cyanamid Am Bac Pw Am Cjipraw Am Horn* Prod Am Moter» Cp Amax he Amarado Hm Amoco Catp Amr Carp Armco hie Asarco kne AM RKMMM Alt Avon
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    • 810 10 Amsterdam SO 02 Fh AM 584.50 +13 Aaoon 106 00 +1 Ahdd 96 40 1.2 .Akxo Aignlo 158 30 «dt 152.80 -0.3 AMEV 76.60 +1.3 Amre Bonk 107 50 1 Ah S*od 128 10 +0.9 Baikal 39.30 +0.3 Borunai 115.30 +0.5 Buahnnan Tar laroda 222.90 +4.5 C<**a 706.00
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  • Page 10 Advertisements
    • 664 10 m to wtm, diae mi entertain >» I•' The Drums Roll and A Special Ceremony takes place at 8.15 pmevery Thursday... The Executive Chef will then ceremonially carve a succulent roast, done to a turn on the one and only roasting spit in town. Treat yourself to a hearty slice
      664 words
    • 131 10 on Pao* 15 EmMLUdMM ©pwwCEfom Managed by Prince Hoteta Japan 5 Continuing the Prince Hotels tradition of friendly terror E 270 Orchard Ro*d,Sinapore 0923. 2 Telex: RS ***** HCROWN Cabtr CROWNHOTEL Fax *****18 Tel: *****11 w u Ca/c/i Danny Koh Sornar in action nightly except Sundays. i tr Tuesday Fashions...
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  • ASIAN STOCKS
    • 597 11 Reuter HONGKONG: Share prices closed firmer yesterday in fairly active trading on late speculative local buying interest. The Hang Seng Index rose 14.38 points to 1,944.9 ft. and the Hong Kong Index 9.21 to 1,221.52. Turnover was HK5546.63 million compared with $412 million on Tuesday. Properties and trading companies
      Reuter  -  597 words
    • 221 11 SfP 03 AS Sincara Alio Camant MT$ 1.70 23.80 31.JO -0 04 +0.2 -0.1 Kuochan Dav Lm Chang Yuan Cham Indus Lion Hwo Indus 22.10 30 70 11.50 3260 +0.3 unch +0.1 +0.1 Chang Hwa Bank 38.70 2390 +0.1 +0.3 Nut bivuliTMnt 359.40 .1-i 23 50 +02 Pacific Cans
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    • 292 11 sir 03 Yaa MMub Eiac MMub Estota Mitsub Haovy 455 2450 588 -3 -40 -7 Mitsutoahi 1280 50 20 26 30 -1 14 2 Mitsui Co 753 -9 Amh Cham Asohi Gloss Bonk Of Tokyo 919 1200 909 Mrtiu ShetoMg Mitsui Smaiting Mitsukoshi Mitsumi 173 375 1230 1300 -4
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    • 77 11 St t 03 MaratMl Oriental B Z 0.013 unch ***** -***** PM Ov«fM« PWtex B 0.016 028 ♦0001 002 Ap«x Mining 8 0015 unch PScoo B PLDT 227 16 Bogura Gold Basic Pvtrolaum BifluH Can. B z ***** 95 ***** 9 San fcfcguai B Saafront Sim* Darby 65 0
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    • 286 11 SEP 03 Cm** MOUSTIULS A r 1 355 HarAt Jam t£2F nEn rw rWOHJ Hoakar 1 C 1 362 200 604 230 Sy 2 unch inch -3 2 A N 1 260 750 -14 850 20 to Aec Amor 300 360 220 inch 5 5 L«nd Lmh Mog»ior P«t
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    • 105 11 UP 03 Woo (Canyon Ind Kjq Motor 1100 1930 unch 2 Choi Sugar M Daewoo Corp 1950 542 1600 1400 4-10 2 inch •10 Katan M Karoo Long Term Lucky Ltd Onmtal Bnwy 2205 1506 1630 1340 5 6 10 •4 Dang Ah Phar Dong Suh Stock «70 1780
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    • 136 11 scr a Ao Kham Thai Sam Camant 645 12 Ham Sam jMani >uar* Alio Rbco Ayudhya kwwtmanl... Bangkok Agro-kid Bangkok Bank Bank Of Atudhva Charoong thai wh 153 171 36 223 128 ♦2 ♦7 ♦0.5 12 5 Sam dry Contort Sifln Camnwad (kirk 512 578 ♦2 10 273 4
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    • 53 11 AFP JAPAN has authorised Hongkong-based County Securities Japan to undertake a securities business in Tokyo, said the finance ministry in Tokyo on Monday. County Securities will start its operation by October. It will be the 25th foreign company to be allowed to undertake securities business
      AFP  -  53 words
    • 161 11 Kyodo NATIONAL Semiconductor Corp of Santa Calara, California, won a preliminary injunction in a district court in Taipei on Monday that prohibits United Microelectronics Corp of Taiwan from marketing an integrated circuit that National Semiconductor claims is based on its proprietary design.
      Kyodo  -  161 words
    • 237 11 Reuter PRE-TAX PROFITS of Japanese manufacturing companies are expected to (all 36.3 per cent in the year ending March 31 while nonmanufacturing company profits win grow 10 J per cent The figures were compiled by Wako Economic Research Institute based on returns fUed between
      Reuter  -  237 words
    • 136 11 Reuter A UNIT of New Zealand's Carter Holt Harvey, is planning a US$2OO million note issuance facility guaranteed by the parent, lead manager Barclays Bank PLC said. The five-year facility can be extended annually for an extension fee of 2.5 basis points. It consists of
      Reuter  -  136 words
    • 90 11 Reuter PRIME MINISTER Bob Hawke has condemned one of Australia's major mining companies for defying industrial laws and dismissing over 1,000 wottes as part of an anti-union campaign. He told an energy conference in Canberra the company, Peko-Wal-Isend, was trying to destroy the country's long-established industrial
      Reuter  -  90 words
    • 90 11 Reuter ELDERS IXL Ltd is currently studying the UK Monopolies Commission's report on its bid for Al-lied-Lyons PLC, but the group's plans have not been disclosed. A statement from Elders Chief Executive John Elliott said: "We're at present considering our options and will be making a
      Reuter  -  90 words
    • 101 11 Reuter RAINBOW CORP Ltd has bought a stake of Just under 5 per cent in Babcock International Ltd, a UK reglnin lng conglomerate. Rainbow said the holding is valued at about £11 million and was built up over a period of time at Ins than
      Reuter  -  101 words
  • Page 11 Advertisements
    • 434 11 SSr SgSI SI Witef* to win*. dine aai eatortaia w Variety. With Quality Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money Only $14++ per adult and $B++ per child for a delightful meal. Or select your favourite dishes from our a la carte
      434 words
    • 125 11 TTrrwrm Poking A Sichuan Rostaurtnt »ia# «fl HOKKIEN-PORRIDGE ■JEWS DINNER/SUPPER I"?—" Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time: 6pm 3am V 'jr—- Eat all that you want! Delicious, amazing variety of DianXin ONLY $9.90* per person from Mondays
      125 words

  • RAW MATERIALS
    • 467 12  -  By FLORENCE CHONG GOLD PRODUCTION in Australia is poised to increase sharply over the next two years. Output from Australian gold mines has trebled in the past five years. Industry experts predict that in the next two years, Australia will become the second or
      467 words
    • 255 12 UPI AUSTRALIA'S undiscovered petroleum resources could at least equal the current remaining reserves of about 1.3 billion barrels, a government survey said yesterday. The Bureau of Mineral Resources however, said in a paper circulated to the national energy conference, it was less confident
      UPI  -  255 words
    • 207 12 MALAYSIAN crude palm oil prices closed weaker yesterday, extending their falto on further short sell- lng and buyer reserve, dampened by a sharply lower Chicago soyoil fu- tures close on Tuesday night. Dealers said the easiness reflected continued shortage of overseas demand. r September deliveries in the south
      207 words
    • 105 12 OIL PRODUCTS CRUDES remained quiet yesterday. Dubai was recently done at $ULB3 a barrel (September, 1.5 million barrels), $12.78 a barrel (three time»), »2.72 a barrel, $12,675 a barrel In the Asian market, petroleum products were actively traded higher as recent Arab Gulf production cutbacks began to have effect. dosing
      105 words
    • 137 12 Chineee Product Exchange Sdhil' MM doMM pricas on S«pt 3 (SS/100 k «J. Coconut oil BuSt Foe 43.00 Old drum FOB 56.00 New drum FOB 60.00 G>pro Mixed Ooom) 21 buyars Pepper Muntok Whit* FOB NLW 1317.50 Sarawak Whit* FOB foq NLW 1302.50 Sarawak <p*ciai black FOB NLW
      137 words
    • 231 12 WHEAT FUTURES on the Chicago Board of Trade closed on or near the lows on Tuesday with losses of four cents to V« US cent per bushel, with September settling at U552.54 Vi after posting a 5V4-cent range on the day. Persistent rumours that the Soviet Union had bought
      231 words
    • 106 12 Reuter EUROPEAN COMMUNITY steel companies have urged the community's executive commission to curb steel output by member nations to try to maintain a faltering market. The Organisation of European Steel Producers (Eurofer) said on Tuesday output quotas for the
      Reuter  -  106 words
    • 94 12 THE PBICE of tia sa the Kaala Laaaaar Ha Market closed unchanged yesterday from Tuesday at MH4JS per kg la qnfet trS Vetame delivered Ml to M tenses frem 142 tenses en Tnesday. Dealers said miners were est likely te sell at this level salens they aeed funds
      94 words
    • 65 12 Bangkok (USVtMM. FOf) Whit* Rice 100% Ut doM 265 100% 2nd ckm 230 100% 3rd dou 225 5% 215 10% 210 15% 205 20% 195 23% 185 35% 185 Broken Rice A-1 Sup«r 135 A-l Sp*cx>l 132 C-1 5p*c«* unq C-1 Ord unq Loonzain Rice 100% l»t groda 100%
      65 words
    • 314 12 BMQAPORE The market closed firmer yesterday but off Its highs with October One RSS buyers quoted at 179.75 cents a kg, up 2.25 cents from Tuesday. The morning session advanced 3.25 cents on speculative buying and short-covering of nearby pnrirtwif in moderate trading. The gain was pared slightly in
      314 words
    • 237 12 SOYBEAN FUTURES on the Chicago Board of Trade closed 12 to 7M US cents per bushel lower in moderately light trade on Tuesday, with May, July and August setting new contract lows. Speculative selling weighed on futures all day following last Friday's USDA announcement of the new soybean loan
      237 words
    • 544 12 COFFEE Robusta futures steadied at Tuesday's dose to trim losses on the day to about £40 a tonne after opening In the morning at the highest level since mid-April. There was no fresh news to warrant the price swings of up to £85, with November opening at a
      544 words
    • 82 12 (canti/kg, 1-ton p #IM,) OCT 86 NOV 86 (currant month) NOON \TOfworo rnofiin; NOON RAS Bvyort Sdcn Bvyan g -M MHVn SSR 20 159.50 161 SON (60.00 162.00N SSR 50 156.50 158.50N 157.00 159.00N MRELB lurwe Stfcn Bwyan jtttTi SMR CV 240.00 242.00N 241.00 243.00N SMR L
      82 words
    • 174 12 AFP INDONESIAN Mines ft Energy Minister Subroto is to discuss the drafts of 34 mining contracts for gold and silver Joint-ventures with a parliamentary committee next week. The daily Kompas said yesterday the drafts would be scrutinised to assure they
      AFP  -  174 words
    • 96 12 AFP SILVER has been "able to derive only marginal support" from the recent rally in other precious metals, since it is "hampered both by overproduction and lacklustre industrial demand". London bullion dealers Samuel Montagu said in their latest market review that while
      AFP  -  96 words
    • 255 12 RAS prices Scaoti/kf, FOt MM NOON CLOSE Int 1 RSS Prompt 180.50 181.50N 180.50 18I.50N Ir* 1 RSS Oct 86 180.00 180.50 179.75 180.25 Int 1 RSS Nov 86 179.25 179.75 178.75 179.25 Int 2 RSS OP 175.50 177.50N 175.50 177.50N Int 3 RSS OP 173.50 175.50N
      255 words
  • Page 12 Advertisements
    • 68 12 Wt B masm i ass. tr B sfc ;v The raoe of a ifetime for charity designed for tM An event of the 4th Times Inter-Business Houses Athletics Meet to raise funds for the National Kidney Foundation and Singapore Amateur Athletic Association. Jointty by The Straits Times Press (1975) Ltd
      68 words

  • SHARE INFORMATION
    • 4234 13 SHARE PRICES seesawed throughout the day before closing sharply lower across a broad front. Interest was again focused on Malaysian counters. The Straits Times Industrial Index fell 10.03 points to close at 841.02 and the BT Composite Index slid 9.79 points to 714.78. Falls
      4,234 words
    • 216 13 Tractan Khaag Qmm M CMm C»ihtii| EaHh Haat r«a EJJ* GaM 5L SINGAPORE Riaaa 1 225 38 216 4-16 rWkMi 2« +15 IT 06AM 364 14 (TCAOI *o +10 rroov 408 +10 STIa4artnafc 142 +10 STHaaaca 120 +10 ST Hatab 204 +9 ST Praaartiai 110 4-9 ndicM
      216 words
    • 3844 13 SECTION ONE INDUSTRIAL COMMERCIAL Aetna (I 538 1.555) (27) 154 (21) 1 53(2) 1.55 (3) 1.56(12) 1.58 (39) 1.56 (5) 1.55 Alcorn (0 628 0.695) Amol Steel 50« (1.218 1.225) (18) 1.26 (126) 1.24 (36) 1.22 (146) 1.25 (156) 1.23 (370) I 26 (36) 1.22
      3,844 words

  • COMPANY NEWS
    • 853 14  -  ST Index shoots up by close to 100 points mourn THAT WAS By CHAN OI CHEE THE STOCK MARKET in August has broken all records in recent times as the widely watched Straits Times Industrial Index chalked up a near 100-point gain. It
      853 words
    • 2349 14 MDUSTMALS Amomoto (3006 3045) (7) 75 (7) 76 (3) 74 (2) 75 V* AlSt (688 695) (72) 70 (7) 71 (5) 70V* 05)69 AM (80S) (5) 79 (2) 79 (23) 80 ASM (1465) 090) ISO 037) 149 (51) 148 (110) 147 (5) 144 (1) 146
      2,349 words
    • 400 14 SHARE PRICES succumbed to profit-taking at the Kuala Lumpur stock market yesterday after Tuesday's rally. Analysts said the prof-it-taking was expected and healthy in light of the rapid pace at which prices had risen over the past one week. However, there were still
      400 words
    • 106 14 DUTA CONSOLIDATED Bv*sd: 16th AGM at Conference Room, 15th Floor, Bena Tower, 160, Jalan Am pang, ***** Kuala Lumpur on Thursday, Sep U, at 11am. PAN MALAY8IA CEMENT WORKS Berhad: 23rd AGM at the MUI Plaza Conference Centre, 1st floor, MUI Plaza, Jalan P Ramlee, Kuala Lumpur on
      106 words
    • 410 15 mm mm™ By HOCK LOCK SIEW SRI HARTAMAS Corporation Bhd (SHC) came back with a vengeance yesterday after one-and-a-half months of suspension. The stock rose 38 cents to $2.25, making it the day's top gainer. Suspended at $1.87 when the Straits Times
      By HOCK LOCK SIEW  -  410 words
    • 159 15 MBT THE Malaysian Airline System (MAS) intends to spend an estimated Ms2oo million over the next two years to replace its Fokker Friendship fleet. Expected to take place in 1968, this move is part of MAS's fleet modernisation programme. As at March 31, 1966,
      MBT  -  159 words
    • 295 15 HONGKONG LAND'S ordinary and preferred shareholders will be offered rights to buy one share in Dairy Farm International for every two shares they own under the group's proposed de-merger plan. As for holders of Hongkong Land's 1966 and 1991 warrants, the prices
      295 words
    • 227 15 MonoMrs' pciccs for S«p 4 Singapore Unit Trust MARA-Bumiputra First B'putra Second B'putra Third B'putra Fourth B'putra 4.87 4.92 4.48 4.53 3.41 3.46 The Commerce 0.90 0 97 3.86 3.91 The Savings Fund S'pore Prog Fund 0.81 0.87 0.37 0.41 Fifth B'putra Sixth d putra 2.47 2.52 2.49
      227 words
    • 103 15 HONGKONG Hongkong Index Wednesday 1221.52 Tuesday 1212.31 Week ago 1198 59 Hong Song Index Wednesday 1944.99 Tuesday 1930.61 Week ogo 1917.00 All Industrials Wednesday 1952.3 Tuesday 1940.0 Week ago 1873.0 NEW YORK Dow Jones Tuesday 1870.36 Monday Closed Week ago 1871.77 TOKYO Nikkei Average Wednesday *****.45 Tuesday *****.93
      103 words
    • 844 15 LONDON share prices opened lower yesterday in response to the sharp sell-off on Wall Street overnight, but recovered towards the morning close. At I.oopm, the FT 30 Index was up 4.3 points to 1,324.3 while the FTSE 100 Index was up 1.3 points to 1,689.1. On Tuesday, the
      844 words
    • 836 15  -  Share movements reflect companies' results By RAMESH CHANDIRAMANI SHARE PRICES of companies in the Sime Darby group yesterday told the whole story of investors' reactions to the various companies' annual results to end June. Tractors Malaysia Holdings Bhd's good turnaround helped the shares up
      836 words
    • 129 15 Chaaa Hap Marine disclosed that its substantial shareholder Proroet Pte Ltd has sold 1.5 million shares in the company at an average price of $1.3041.31 each on Aug 28 and 29, thereby reducing its stake to 6.69 per cent (from 8.19 per cent). Oiihwis miii Bsaklt Csrparattan said
      129 words
    • 88 15 Khsag Gnaa llsMlap MmItyria BM: Far the half year ended June 30, 1966, group pre-tax profits rose to M 52.05 million (from M$LO3 million) on a turnover of M 520.13 million (from MH9.87 million). Stated net interim earnings per share improved to 4.6 cents (from 1.2 cents) based
      88 words
    • 181 15 THE COLD STORAGE Holdings PLC group has acquired a 95.4 per cent stake in British and Eastern (Malaysia) Ltd, which owns Jasons Supermarket the upmarket food retailers at Orchard Towers. In a statement to the Stock Exchange of Singapore yesterday, the company said its whol-ly-owned subsidiary
      181 words
    • 195 15 CHUAN HUP MARINE has teamed up with a shipyard company, Adiguna, to secure a contract for a multi-million dollar project to fabricate, construct, assemble and Install offshore platforms for Arco, a major American oil company operating in Indonesia. According to Chuan Hup's
      195 words
  • Page 14 Advertisements
    • 54 14 fSime\ Darby —dl Sime Darby Group HIGHLIGHTS OF PRELIMINARY ANNOUNCEMENT OF THE RESULTS FOR THE YEAR ENDED 30TH JUNE 1986 SUMMARY OF CONSOLIDATED RESULTS 1986 M$ Million PROFIT BEFORE TAXATION PROFIT AFTER TAXATION EARNINGS EXTRAORDINARY PROFITS GROUP PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF SIME DARBY BERHAD M. Sen EARNINGS PER SHARE
      54 words
    • 330 14 NOTICES IN THE MATTES OF TEE COMPANIES ACT, CAP. 1M AND IN THE MATTES OP ZESTCO TRADING PTE. LTD. (lMwrmM to Stogspwe) At an Extraordinary General Meeting of ZESTCO TRADING PTE. LTD. duly convened and held at 141 Middle Road #05-01, GSM Building, Singapore 0718, on 25th August 1988. the
      330 words
    • 389 14 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, Greenbay Marine (Pte) Ltd of No. 4 Pioneer Sector 1, Jurong, Singapore 2282, hereby give notice that In consequence of the change of ship's name we have applied to the Director of Marine under section 417 of the Merchant Shipping Act
      389 words

  • Page 15 Advertisements
    • 99 15 Isn't it time you improved your reading level? Send me one year of The Asian Wall Street Journal. The Asian Wall Street Journal can't help you get ahead if others are getting it ahead of you. Just mail the coupon, and get your own Asian Journal delivered for a full
      99 words

  • 330 16 Reuter THE TWO ASIANS and one Australian, whose purchase of a 26.7 per cent stake in Standard Chartered Bank stalled the takeover bid by Lloyds Bank this year, have been joined by more large shareholders who also back the board. Sir Y K Pao of
    Reuter  -  330 words
  • 442 16  -  Tenders to develop 120 hectares to be called tomorrow By LISA LEE SOME 2,000 hectares of hightech, high-yield farms, with about $380 million worth of capital equipment, will form the backbone of Singapore's drive to become a regional centre of agrotechnology
    442 words
  • 300 16  -  By LOH HUI YIN SINGAPORE BUSINESSMEN are adopting a wait-and-see approach to Manila's invitation to invest in the country. This was the general consensus gathered by BT from among members of the Singapore Chinese Chamber of Commerce and Industry Trade Mission who held discussions with Philippine Cabinet
    300 words
  • 91 16 THE PHILIPPINES expects smooth negotiations in the coming talks with the International Monetary Fund to restructure about US$3 billion of its debts. Finance Minister Jaime Ongpin said the only delay has been in the submission of documents for the restructuring exercise. So far, about US$5
    91 words
  • 450 16  -  By CHUANG PECK MING THE "Singapore Girl" could do more than sell seats (or SIA. She could sell the services of SAI and other parts of the Republic's aviation industry, said First Deputy Prime Minister Goh Chok Tong. He made
    450 words
  • 358 16 THE INTERESTS of Singapore and Britain would be better served if both countries cooperated in international and regional forums and spoke on issues of common concern, said First Deputy Prime Minister Goh Chok Tong yesterday at an official lunch given in his honour.
    358 words
  • 88 16 Bernama THE TRIAL of the former managing director of Malaysian Overseas Investment Corporation, Mohammad Abdullah Ang Swee Keng, who faces a charge of criminal breach of trust involving M 1338.808, has been transferred to the High Court. Ang maintained his plea of not guilty
    Bernama  -  88 words
  • 270 16 AN ESTIMATE that the growth in Singapore's economy will average 3 per cent over the final nine months of the year has been made by the Overseas Union Bank. The main forces will be a recovery in manufacturing and exports, but because of the
    270 words
  • 80 16 Reuter COMEX GOLD FUTURES drew active profit-taking after rallying to new two-year highs early yesterday morning on spillover buying from overnight markets. In nervous dealings, gold for delivery in December backtracked to unchanged at U*****.50 an ounce. Analysts said commission houses were net sellers, cashing profits from two
    Reuter  -  80 words
  • 69 16 Reuter WALL STREET stocks yesterday resumed the sell-off that began late during Tuesday's session. Analysts said firm oil and gold prices continued to ignite fear of a resurgence of inflation further down the line. Mining companies continued strong for a second day. The Dow Jones Industrial Average
    Reuter  -  69 words
  • LATE FILE
    • 58 16 Reuter PRESIDENT SUHARTO, who has ruled Indonesia for the past 20 years, will run for a fifth five-year term in 1988. Sarwono Kusumaatmadja, the secretary-general of the ruling Golkar party, said the President, who had announced after a 1982 election that he would retire
      Reuter  -  58 words
    • 36 16 Bernama THE CENTRAL COMMITTEE of the Malaysian Chinese Association last night accepted the resignation of party president Tan Koon Swan. He was succeeded by deputy president Datuk Dr Ling Liong Sik. Bernama
      Bernama  -  36 words
    • 52 16 Reuter BANK OF JAPAN governor Satoshi Sumita repeated yesterday that there was no need to lower the official discount rate in present economic conditions. Sumita said in Fukuoka that the deflationary effects of the strong yen were clearly seen in manufacturing and export
      Reuter  -  52 words
    • 56 16 AFP THE THAI government has decided to increase a draft budget for fiscal 1967 by USss7.fi9 million. Radio Thailand yesterday quoted Finance Minister Suthee Singhassneh as having said that the decision to raise the budget for the fiscal year beginning October 1 was aimed at
      AFP  -  56 words
    • 36 16 AFP GOVERNORS of Arab central banks ended a meeting in Abu Dhabi with a call for enhanced cooperation among Arab central banks to tackle growing foreign debt and other economic problems.
      AFP  -  36 words
  • Page 16 Advertisements
    • 108 16 I I uii m 1# <* The Drums Rdl and A fecial Ceremony takes [dace at 8.15 pm every Thursday... With a flaming torch and a carving knife, two knights march towards the Executive Chef who will then ceremonially carve a succulent roast, done to a turn on the one
      108 words
  • Page 16 Miscellaneous
    • 26 16 VMMm Outlook: Fair. Report for 24 hours prior to Associotod humidity Associated humidity Hool4 of SUSjfciSS Roinfoll n mdhmatras Rainfall tlw month Romy days this month
      26 words

  • SHIPPING TIMES
    • 470 17  -  By SHAHRIR ARIFF SEMBAWANG Shipping Company of Singapore has signed an agreement to place its four Clipper-class refrigerated cargo ships (reefers) Chiku, Duku, Manggis and Nangka with Overseas Freezer Operations (OFO) of West Germany. The agreement, which comes into operation from Nov
      470 words
    • 314 17 Seatrade Week A CONTROVERSIAL set of user fees, put into place by the US Customs Service in June, may be modified to help auell both international ana domestic objections. The fees, originally part of last year's budget legislation passed by
      Seatrade Week  -  314 words
    • PORTSIDES
      • 78 17 Reuter THE IRANIAN NAVY seized a Soviet ship in the open sea on Tuesday, Japanese shipping sources said. The ship, the Piotr Emtsov, was seized at 1400 GMT at 25.39 degrees north, 54.29 degrees east, Just off the United Arab Emirates in the Gulf. They said
        Reuter  -  78 words
      • 114 17 Reuter LLOYDS SHIPPING Intelligence Service said a diving survey is being carried out on the Panamanian bulk carrier Basma (37,628 tons dwt, built 1976), grounded on Aug 31 in position latitude 00 37.5 N, longitude 105 09 E off Singapore. The salvors have two tugs
        Reuter  -  114 words
      • 134 17 THE WEST GERMAN ship captain who police claim smuggled 155 Sri Lankan Tamil refugees to Canada returned home on Tuesday and said he felt he had done nothing wrong. In a telephone interview with the Associated Press from his Nordenham home, Wolfgang Bindel said he
        134 words
    • 1192 18 AS IS customary after a US holiday, detailed business proved very slow to materialise on the London shipping freights market on Tuesday, but the consensus was that the recent firm trend still held good. Time-chartering generated most of the known business, with period operations still to the fore.
      1,192 words
    • 1158 18 NYT THE FOUNDATION of the shipbuilding industry in Japan which has been maintaining a firm grip on about half the world's shipbuilding market has been experiencing a series of blows due to slackened demand, a decline in ship prices and the sharply
      NYT  -  1,158 words
    • 265 18 THE STORM surge barrier on the Eastern Scheldt in the south-west Netherlands will be declared open by Queen Beatrix on Oct 4 this year. Built to protect the low-lying regions of the Netherlands from storm surges, its prefabricated elements nave all been placed
      265 words
    • 697 18 AB Shpg V 5 Launtzen Bulk X 3 Accord Shpg VI 3 Lion Huot IV 3 Afea Line VI 3 Lin Lin Shpg IV 5 Altrans VI 3 Lloyd Brasilero IV 1 Anro Service IV 2/3 Lloyd Triestino IV 4/5 ANL 1 1/2 Lykes Lines IM 2
      697 words
    • 177 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
      177 words
    • 172 19 Seatrade Week THREE JAPANESE lines have confirmed that their Joint container service between the Far East and the United States east coast will start by the end of October. Nippon Yusen Kaisha (NYK), Mitsui OSK Lines and Yamashita Shinnihon Steamship Co
      Seatrade Week  -  172 words
    • 487 19 THE HEAD OF Thai Maritime Navigation Company has made a surprise resignation from the financially ailing line just six weeks after he assumed the post. Mr Virachai Vannukul, who chairs the executive board, submitted his resignation early this week. It is understood that
      487 words
    • 268 19  -  By Kingsley Wood AUSTRALIAN National Line's Mr Bill Bolitho has been named chairman of the newly-formed Australian National Maritime Association which will represent Australian shipowners and operators. ANMA has been registered in Melbourne and launched with 14 foundation members, including all major
      268 words
    • 224 19 LYKES LINES has announced an expansion of its weekly container service between the US Gulf and Europe to include the Mexican ports of Tampico and Tuxpan. Through a connecting carrier agreement with Flotamar Container Line, Lykes will provide the fastest transit time available to shippers
      224 words
    • 69 19 AFP IRANIAN INTERESTS have just paid US$9.5 million for the Burmpac Bahamas, a large crude oil tanker that, under the name of Volere, was damaged last year in the Gulf war by an Iraqi missile. According to Lloyd's List, the 254,891-tonne vessel had been purchased after
      AFP  -  69 words
    • 246 19 Argentina August 25 Beunos Aires Norma] operation. Australia Auguat 25 Sydney Normal operation. Bangladaah Auguat 25 Chalna 10 vessels operating; Chittagong 20 vessels operating. Brazil Auguat 25 Santos Normal operation. Cameroon Auguat 25 Douala Delay due to heavy rain. Chile Auguat 25 Valparaiso Normal operation; Talcahuano Normal operation.
      246 words
    • 168 19 Reuter ONLY ONE tanker of 343,000 long dwt and no combination carriers were sold for scrap in August compared with IS tankers and combos totalling 1.87 million dwt in July, London shipbroker Howard Houlder said. The sharp decline In the
      Reuter  -  168 words
    • 7527 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.
      7,527 words
    • 798 25 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Voy dote/time Operator cargo schedule Location Anro Asia C Edinburgh Omex Pioneer Frem Bridge Cornelia Ms B Kemuning Nantai 7 A Princess Sha He L Srimani L Athuki B Penaga Ming Fortune Ming
      798 words
    • 1669 25 Who acts for whom The leading shipping lines operating Irom local ports and their agents. A-B A Top Enterprises Pi* Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceortus ShippmgAgencies (S) Muftiport Sdn Bhd (PK). American
      1,669 words
    • 128 26 ArM/Po«i Viscosity Density Water C8T at 50C Q/ML at 15C Volume 0/0 Africa/lted 8m Jeddah 156/188 0.947/0.982 0.1/3.0 Durban 129/185 0.978/0.990 0.0/0.4 Arabian Gulf Ras Tanura 155/155 0.950/0.950 0.2/0.2 Bahrain 177/177 0.973/0.973 0.0/0.0 Europa Rotterdam 51/428 0.935/0.995 0.0/1.4 Hamburg 27/400 0.943/0.990 0.0/1.4 Le Havre 168/467 0.970/0.990
      128 words
    • 413 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Chris Isabel K35 Pat Elders alongside 04.9/2100 Great Cosmos K33 J Manners alongside 04.9/2300 Ned Napier K12 Ned-EAC alongside 04.9/1700 Reina K11 Unipacific alongside 04.9/2359 Rio Venture K18 Str Tptn alongside 04.9/1500 Gold Varda K18 Star Shpg
      413 words
  • Page 17 Advertisements
    • 525 17 Concise Comprehensive Contemporary a3ood OOCL Ctdaitm LINE STRAITS EUROPE EXPRESS SERVICE IMOK 98PTMC AGENCCS (taf. Nt M2M4/ Off) 200 Cantonment Road *17-06 Sontkpeant. Singapore 0208 TH *****11 TELEX NO RS ***** TERMMAL/CFS 3200 218 TO 220 BOOMNGS 3200 234 TO 235 Bi MM SMPPfK KOCD SDN. M) PETAL PIG JAY*
      525 words
    • 71 17 [KMDB THE FOUNDATION of the shipbuilding industry in Jopon hos been experiencing a series of blows due to slackened demand, a decline in ship prices and the sharply appreciated yen. Pag* II THE HEAD OF Thoi Moritime Navigation Company has made a surprise resignation from the financially ailing line. P*g«
      71 words
    • 1012 17 Available at all good bookshops OFTHE P PUBLICATIONS THE HEART OF THE DRAGON MAERSK LINE FASTEST TRANSIT TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS P«nang Vhml Voy S* por« EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASM *S>VPm QM| Taa CT 1/1
      1,012 words

  • Page 18 Advertisements
    • 411 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Feeder at Kao Pacific North West Faadar at Kao lIIMDMTy rMWTI I Atlantic/Canada Feeder at Nagoya n/iM nuzimi iL'iLM n/iiJ nw Q I L'tM m CET— IMI IMji 3HT— ect EMM I I HTM YJI t W I y-'km TWM Y'WW
      411 words
    • 313 18 n:^.' Supercarrier Service ADA CARIBBEAN C. AMERICA a 11/ i 11-13/) 1«/J 2vn/i 1/1* U/M 1 #-13/11 IC/1I x/ii 2va/n l/ii 22/11 24/10 24/11 t/11 l/U 11/11 21/11 23/11 25/11 7/12 J/12 11/12 21/10 6/11 I 4/11 12/11 14/11 21/11 I 11/11 27/11 29/11 3/12 1 13/12 15/12 22/12 Mm
      313 words

  • Page 19 Advertisements
    • 1003 19 The Straits Steamship Group Mansfield Container Shipping PteLtd STRAITS SHIPPING Singapore to Sabeh, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited CONTAMRSHF SERVICE TO UK/COHTtHT: r*M rum, MPwt 05/9 11/9 12/» 22/9 24/9 20/9 a/9 00/10 M/lt 11/11 13/10 11/11 21/1* 24/10 21/10 00/11 00/11 11/11 11/11 11/11 21/11 25/1
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    • 642 19 Franco Belgian Services (MEMBER OF ACE CONSORTIUM) IT: ih 11, r r f h CZEi STQK PJOiMC Lt Ikm I'ta FlMvt Mm rHraa M Mm HW| ««D l«nn PJMmi S]m KOKJW MOJM W 1 S«pt> 22 S«pt 23 It* MS* 27 S*t 21 S*t 31 S*t IBCMW 12 Mf 1C
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  • Page 20 Advertisements
    • 314 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS HMri Mp t» ■riaari rieifeabom n Eirapt TO EUROPE/MED S pare P«Han|Penanc Lauoesßfcao I QUMHMO 11/11 I SHANGHAI 17/11 13/11 19/1114/12 17/12FROM N CONTINENT &UK IMPORTS Agents SEGANI Seaport *****66 K. Lunpw *****2 0 *****7S P. Kd»c *****00 CfS *****72 H *****33 *****25/6/1. *****49 3*7318 *****$
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    • 611 20 JC.&.LINE FULLY CONTAINERISED SERVICE icptum crystal km KOREAN CHANCE 2VH HONGKONG CONTWO SIM icicato* um tTO EUROPE VIA SUEZ Mfmbff ol Conso<t FULLY CONTAINfRISED 10 (ROM NORTH AMERICA WfST COAST TOR/MOTTO ttSSEI MR 3*/* HONS OK 64E ax SE/K MCEWON 49E TUB 33E/P. PROSPERITY 31 CUf 6E/K. MONK SWA 3d
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    • 293 20 Hai Sun Hup Co (Pte) I td m TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. 1 \SI 1 KN c \K I INI K. I II) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loadnc at appropriated Berth P4-P5 NOTE: ALSO CALLMG OTHER IVAfCSE PORTS. HONGKONG. TAINAN t
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    • 1036 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) SGP IBS FU ROM AM* L)N WC OB KN TVO OM RB ELS *M EVER OFTED U/l M/! 2/1* VM Vl« 1/11 15/11 17/11 IVII 21/10 13/11 14/11 15/11 17/11 11/11 EVE* 10ADMG 15/9 C/ll 1/10 11/11 U/ll
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  • Page 21 Advertisements
    • 937 21 PACIFIC INTERNATIONAL LINES \\>\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA SINGA MAJAPAH4T QOWA SIN JKT SBV SIN HKQ KAO *TCH KEE BUS *MUR *HTC YOK ICO# KEE 8W 6/9 15/9 16/9 17/9 1«/9 20/9 23/9 2S/9 26/9 2S/9 1/10 20/9
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    • 973 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTICHT STORE miMC STOH HAM BtttKN ROAM HAW Caty a) 4/1 5/9 23/9 25/9 27/9 21/9 fiattar) Eaprns 11/9 12/9 1/11 2/10 4/11 5/lt 7/lt Can** Bay 21/9 23/1 10/10 11/11 11/11 14/10 lt/lt Mjno Man. 26/9 21/1 14/10 17/10 19/10 N/10 22/16
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    • 457 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESIIRI LLOYD P.T. SAMUOERA INDONESIA P.T. TRIKORA LLOYD ''EXPRESS SEMI CONTAINERSHIP SERVICES N SINGAPORE TO EUROPE ocean now nm STOH Hin ADAM/RDRM tTBUK 9-11/9 4/11 7/19 11/10 TwS buao dkoo k-om/fom hwbc KTI 11/11 IVU 9/12 11/12 14/12 STORE MM
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    • 449 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore P.Kdanc MERGU *74N 10/12 Sept M M V/100W 11/12 Sept HTOKYWA V/21CN 21/30 Sept V* BANK LINE EXPRESS SEM-CONTARO SERVICE SOUTHBOUW) FROM UKC TO PN6 t DARNW FORTHBANK VI7S Spore 22/J TO ANA NUGM V2S Spore 24/10
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  • Page 22 Advertisements
    • 1120 22 k®A IV LINE —KAWASAKI KISEN KAISHA, LTD: ECUADOft/raMi/CHILE Ftt»» VSI MOTHER VSI fm met in nn rue rm spobe kok guayaqub cauao amca iquque afacasta s ahtomo valpmaiso 4 s«p 5 Sap 7 Sap 30 Sap JO Oct Hfci Hfei lilbi II Hh TAIWAN-JAPAN-CHINA-MANILA MAMU STORE PW.fi PENAMC STORE motwrnt
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    • 704 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Trader P KeUn| Lner Vnial Spare I MHt Frcaa Sy*< Also Accap CHAMXMS V2l 10 Sept ?8 Sept 7 Oct 5 Oct Atftt/Bra CAIABA* V2J 6 Sept KABHMS V3O 17 Sept 2 Oct 11 Oct Oct AM Bm ESUamR V 7 21 Sept
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    • 629 22 GOLDEN LINE MS 6>i GUAN GUAN SWPftG (PIE) LTD 21 I** V* '4 9NGWOK IIM m 534J9M (M IKS) STRAITS/PERSIAN GULF SERVICE: s»*« p eOLDEB HAVEN CriMta/Rincfc/lMa/Mraa IV* W CHMA OCEAN SHTPM6 CO.. PEKING THE PEOPLE'S REPUBLIC OF CWNA Mt.VW.W.i l: :M.lr I*l lIJ i.+r> as l/fz/i 7/9 2t/« ii
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    • 355 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Inter nations' Pla/a Singapore 0207 Tel *****1 1 (lO lines! <► BREAKBULK SERVICE TO EUROPE/UK E HTMSU (PIC) 111 n i umpv mtmk avrw co m Pn> WINK STK CO. NM. Z24K11 71*711 CISISI/t PHIL HRON SHIPPING AGENCIES PJ[ I ID I
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  • Page 23 Advertisements
    • 789 23 T« Ng office *****77 NEPTUf AGENCKS PTE I TO. Ft EU/AUST IPA/W Ttrmnjl CfS BOOKMCS *****77 *****53 *****42 *****22 *****53 DKCT IMS *****19 *****16 "V For raard k«(M nqm pkiu cM *****44 NEPTUNE ORIENT LINES LTD K KMC SOW B>C *****1/*****34/*****8 Pmjn, NEPIK SON BHD. *****9/*****5/*****0/*****1/*****2 FAR EAST/EUROPE FULLY CONTAINERISED
      789 words
    • 454 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN, INCHON V«Mh Kw I I*b/«M M) Hi I Dma/MM lb 7 Dma/M* Hi 9 taunt M7N No Oonjm UtN TUN KK (Mab) Wi- I Dm/H7l Hi 7 Dm WW s>»« n he i/9 (OH-An) 9/9 IJ/9
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    • 488 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDMG 55. Market Street Sinfapore 0104 Tet *****33 (15 Lines) T< Cable Address SINSOV SINGAPORE Telex Numbers RS 213*0 RS ***** RS 2510S P KELANG M/S SHARKAT NAN SOON SON M IST ANO 2ND FLOOR. NO 1 JAIAN CEMPENMG. PORT KLANG. MALAYSIA
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    • 45 23 Vfi /.s////v TH L//vc KOBE MMU V.103A SEEM MMU FORTUNE CMMER Y-23A m TIKE V IA SaM &ppn f JQaaf h Nrt 11/» 14/9 23/9 SHBUSAWA MEBHM I K.T.Y. TFTN CO. ML LIP. M, c*d surt #ii-M a M*i r»t >m 18. ama a I*D
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  • Page 24 Advertisements
    • 444 24 (ffl[ REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) SEA DRAGON 9 nm\%\in iLi^rjiryFn im n m i»Lit j rami i mm ufltfti Sin I 7-7/9 10/9 l"iH —I 1 MlHi "WVWtMHJFMnzjkM ■rr-iEEj naaEsnl EEBESSI Thu/Fri 18-19/9 Sat/Sm 20-21/9 Sw 21-21/9 Tw/IM |23-24/9 TO SOUTH THAILAND [9 nra nn«
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  • Page 24 Miscellaneous
    • 170 24 TO n j O I *T > h H <+r l 3! e LLl£ B C yA cr 1 Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R, Thunderstorm Temperature °C Itiumi Weather w nd direction with speed in
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  • Page 25 Advertisements
    • 106 25 MSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDAN6 J. BAHMNJ LEOSHP SPORE *****85/*****56/*****48/*****93 *****11/4 TERMMAL 36M351/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE rra 11 ir.iißiiuM |rgT7^MgmiT»a^^B^3^BE2lTTrMEriaiLLLJHliOiEll LLUElCll^——— 11 Mrcirirar^Eii ALSO ACCCPTK FOR: ANTWERP, L. HARVE. UK. ROD, COPENHAGEN. OSIU ALSO ACCIPTWG FROM EUROPE: RIM. HAM, GOT. UK.
      106 words
    • 203 25 TFS INTFPNATIONAL TRANSOCEAN (M) SDN. BHD 6? Wt'lrl Quay ?nd fir i <0 W Ppnjnq TW MOJ4S t Tin MA ***** TFSPf. fan 04 TTiS COLUMBUS LINE REEDEREI GMBH I (A SERVICE Of HAMBURG SUD* iV FXPRFSS SEMI CONTAINER SERVICE 10 NORTHBOUM) TO UKC (vw*T CLVKBAK VIM 2/10 TMMITM SAMOA
      203 words
    • 173 25 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK -NORTH CONTINENT-SCANDINAVIA) III"Y l mi nrrrri o*/888 B. Un*M/W kM/» R. MR/388 4) HAMBURG 5) OOTMEWBURC (SCOTLAND) 5/0 l/M TO RED SEA-MEDITERRANEAN CASABLANCA SINGAPORE JEDOAM TO HONG KONG-TAIWAN-JAPAN -CHINA* FEEDER VESSEL P. KELANG W9 V» 12/1 SINGAPORE I HONGKONG MntmjVi MMa/Ui N. MR/MS *m/
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  • Page 26 Advertisements
    • 200 26 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD m Cecil street t! 10 01 GB flwidmf S [H*e OlOt> lei ??19.'SS Port KeijiTf lif.) Puj Sdn Bhri let 03 *> Pen.inj Miimu I'Jile Irjnsport ltd !el 04 61" 8<»3 P.isx (.ndjnf Shu-pm? «jenoe<. Sdr Rhil lei 0 7
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    • 275 26 m> Ml WJ w x ,//y Mitsui OS K Lines Lid CONVENTIONAL/SEMI-CONTAINER 8 I a tm m MEDITERRANEAN via SUEZ/RED SEA ANGELINA THE GREAT N KAMATERI GALLANT II CONCORD GASSAN KONKAR NEREUS LARKSPUR CONTR ONLY In Port Port Said. Limassol. Piraeus. Lattakia Beirut. Alexandria 7 Sept Hodeidah. Aqaba. Yambu Djibouti
      275 words