The Business Times, 18 September 1986

Total Pages: 26
1 26 The Business Times
  • 13 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, SEPTEMBER 18, 198 C 75 CENTS
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  • 491 1 THE YEO HIAP SENG Enterprises Ltd group has removed all of its soft drinks in paper cartons from supermarket shelves in Hongkong as a precautionary measure following a tampering threat and the delivery of the poisoned drink cartons to three unnamed
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  • 201 1 Reuter INDONESIAN security forces were on full alert against possible rioting yesterday and shopkeepers were warned against making large price increases following last week's devaluation of the rupiah. The prices of many goods from cigarettes and instant noodles to video recorders and cars have gone
    Reuter  -  201 words
  • 526 1  -  Group proposes to return 75pc of debt over three years By ELAINE KOH UNDER A SCHEME of arrangement which was filed in Kuala Lumpur by Promet Bhd on Friday, the group is proposing to repay at least three-quarters of its debt to creditor banks over the
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  • 276 1 A SALVAGE TUG belonging to Sembawang Salvage Company (Semco) was sunk in the Persian Gulf last weekend. Industry sources said the Salvat ore, one of several Semco salvage tugs stationed in the Persian Gulf, was sunk by Iranian gunboats. The incident was confirmed
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  • 380 1  -  By BOEY KIT YIN A POLICY of cutting costs from the top which has been implemented by the American Kodak photographic equipment and chemicals giant has now reached Singapore. Senior managers, some with decades of service, are being offered golden handshakes if they would
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  • Article, Illustration
    64 1 PROFIT-TAKING in the aftermm wiped eat early gains ■nde la qaiet trading the In a ■txed'ehwT The Straits Ttees Industrial Index finished 5.14 paints lower at mM while the BT Composite Index eased SJI points ts •LIT. ply as Investors continued Is be concerned a beat the likely
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  • 343 1  -  By MARTIN SOONG PAPER MERCHANT Wiggins Teape of the UK is opening a non-profit retail outlet and advisory centre here next month to support the local design industry. The Paperpoint outlet is part of Wiggins Teape's marketing strategy which aims to promote awareness
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  • 124 1 Reuter MAJOR TIN PRODUCERS and consumers will meet in Geneva from Nov 10 to 12 to discuss setting up an international tin study group. The body will collect and disseminate statistics on tin production and use and will provide an informal forum
    Reuter  -  124 words
  • 201 1 BURMESE Prime Minister U Maung Maung Kha will visit Singapore again for (our days starting today. He will be accompanied by his Deputy Prime Minister and Minister for Defence, Thura U Kyaw Htin; Minister (or Foreign Affairs, U Te Goung; Minister (or Industry,
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  • Page 1 Advertisements
    • 89 1 Cassette Receiver H2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone. *****22 Kuala Lumpur Phone *****33 l Phone. *****5/*****1 Jakarta: Phone; *****5 LNdcr, Pag* 8 Sunset Serenade (spm-Bpm) Happy Hours 1S& Imp" Sam Gan and his Combo Evergreen songs of the 50's and (jo's for your dancing or listening
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    • 293 1 What it takes to go high-tech IF SINGAPORE is to go hightech, its people must grow beyond being simple technicians and mechanics tied to the apron strings of expatriate experts. So says one Singaporean who has done precisely that. See page 8. \mm rr OUR VIEW THE INDONESIAN LEADERSHIP octed
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    • 228 1 />|~/%[*+-'!|:(~@@[>"=/`'}(}+<, f w S t\Aasi M MC P* >■ 4 1 I njo\ fiwh sc.ilood .11 tin I l>M( s t .il<mm! (tnf i« ,iiid \on t. oil Id u iii .i trip or on« ol 1 I• <>t tu i jiv.il pri/t It .1 lllv k\ <lt u u
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    • 86 1 [?"`<^$;|=[],.$;/{!(!<,}~"[++)< Ttavw to think and Call to stimulate ship-owning ALTHOUGH IT IS the second busiest port in tin world, Singapore logs behind other established centres such os Rotterdam and Hongkong when it conies to providing ship-owning end shipmonogement services. The shipping industry, slowly bet surely emerging from the recession, feds
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  • HOME NEWS
    • 462 2  -  Malaysia not deterred by falling oil prices By LOK HUI YIN IN SPITE of falling oil revenue, Malaysia is having a relook at some petrochemicals projects and a new refinery which would pit them against similar plants in Singapore. Tan Sri Abdullah Salleh, president
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    • 487 2 INDEPENDENT oil refiners like the Singapore Petroleum Company will have to fight harder than the major oil companies for their survival, the head of an American oil refiner said yesterday. They must be leaner and more responsive to market conditions, said Mr
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    • 270 2 A 500-SQUARE-METRE dsplay about a third the size of an Olympic-sized swimming pool will be a key attraction at the Singapore Informatics *86 exhibition to be held at the World Trade Centre in December. Titled "Vision of an Information Society", the display will give
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    • 64 2 THE MASS Rapid Transit Corporation (MRTC) has assured local manufacturers that it would, as far as possible, source replacement products and services locally before considering overseas suppliers. The latest isme of SMA, the Singapore Manufacturers' Asnciatkm's newsletter, said this was disclosed by the MRTC's maintenance
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    • 166 2 A BT REPORT on Aug 21 incorrectly stated that, between September last year and March this year, occupancy levels in the property market fell except for that of office space. It should have stated that the occupancy levels fell except for that of shopping space. The report
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    • 682 3  -  The Commission of Inquiry Into the New World disaster seeks to determine the eaues of the eollapse of the six-storey building and reeemmend measures to prevent a similar occurence. Hie commission is headed by Mr Justice L P Thean. The other members of the
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    • 83 3 COURTESY is so important to Singapore Airlines that its courtesy campaign never ends. But while it is a year-round drive to be courteous, SlA's campaign does have a climax. This year, the high point will be on Saturday, Sep 20, when it holds its
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    • 383 3 STRUCTURAL FAILURES in Singapore are usually due to a combination of physical conditions, mistakes, oversights, ignorance, incompetence and "even dishonest performance", according to a paper presented yesterday to the Commission of Inquiry. The paper by Lee How Son and Koh Mee Fah stated. "We
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    • 300 3 THREE MEMBERS of Parliament will represent Singapore at the 32nd Commonwealth Parliamentary Conference to be held in London from Sep 23 to Oct 1. 11» team of Mr Lau Ping Sum (Yio Chu Kang), Mr Heng Chiang Meng (Jalan Kayu) and Dr Aline Wong (Changkat),
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    • 336 3 THIS YEAR'S International Exposition of Quality Control Circles (lEQCC) has attracted speakers and QC circles from 10 countries, among them newcomers Sweden, India and New Zealand. The other participating countries are Singapore, Japan, Taiwan, Malaysia, Indonesia, the Philippines and Thailand. Among the speakers is Mr
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    • 81 3 SINGAPOREANS visiting Prance again need a visa. A ruling which came into effect on Tuesday requires visas of all foreigners entering Prance, except nationals from the European Community and Switzerland. Under an agreement last year between France and Singapore, Singaporeans visiting France (or up to three
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    • 466 3  -  By JEFFREY TSANG A BUSINESS advisory scheme through which small local companies can get technical and business consultancy is being finalised by the Small Enterprises Bureau and will be launched "as soon as possible". This new programme is to be run along the lines of
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    • 206 3 IMPORTERS and exporters stumped by the rules which govern documentary credit payments can get help from a two-day workshop on October 9 and 10, to be held at the Sheraton Towers Hotel. The workshop on documentary credits will be conducted by Mr Bernard S
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    • 101 3 FREIGHT FORWARDERS sperHuiiring in Handling materials for exhibitions and trade fairs will gather here next March for the annual general assembly of the TntwnMtifliMii Exhibition Logistics Associates (lELA). About 70 people from lELA member companies in the US, Brazil, Malaysia, the UK, France, West Germany,
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  • Page 2 Advertisements
    • 199 2 c&c Computers and Communications Simply Speaking SktL mIf your telephones make you envy companies big enough for a PBX, it's time to think again. With NEC's E-206(5) Electronic Key Telephone System, even the smallest office can now enjoy many of the features that have made us a leader in PBX
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    • 117 2 COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn back on. It means appetising swiss-style veal for dinner. Or beef rendang, teppanyaki,
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  • Page 3 Advertisements
    • 21 3 m i a ■< *y.' xrr--5 IHfl Mi! ■i- I. jbi r TJ Jr v It > Jipi Jones Lang Wootton 532 3888
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    • 144 3 MONT BLANC THE ART OF W R T Jt A 4TS s 'I^' m mm ri a 0. /i r JL MONTBLANC THE ART OF WRITING „MEISTERSTUCK M the pride of the MONTBLANC Collection is probably me most famous writing instrument of our times. Representing the best in design, it
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  • ASIA-PACIFIC
    • 391 4 Reuter PRESIDENT Corazon Aquino of the Philippines has made substantial progress during her visit in the US in winning about US$BOO million worth of loans from the International Monetary Fund (IMF) and the World Bank, a Philippine spokesman said. Teodoro Benigno, Mrs
      Reuter  -  391 words
    • 380 4 AP THE ASIAN Development Bank is more successful than many other multilateral development hanks like the World Bank, but ADB bonds are not traded favourably because of the public's lack of knowledge about the bank, ADB treasurer Alan Gill said yesterday. In a
      AP  -  380 words
    • 175 4 UPI CHINA'S month-old experimental bond market has spawned a private trade in securities, but officials have welcomed the parallel market as a challenge to the state-run exchange, a Chinese newspaper reported on Tuesday. The Economic Daily said China's first bond market had prospered since
      UPI  -  175 words
    • 344 4 Reuter OVERSEAS INVESTMENT is extremely Important to Japanese manufacturers who are eager to find ways of exchanging new technology with American companies. Mitsubishi Corp managing director Yoshio Taniguchi told a meeting of Japanese and Texas business leaders on Tuesday that total foreign investment by
      Reuter  -  344 words
    • 236 4 Reuter A GROUP of rebels from Prime Minister Rajiv Gandhi's Congress (I) Party has issued a sweeping denunciation of his rule and asked President Zail Singh to help the country out of its "grave situation". The seven politicians, who claim allegiance to the policies of former
      Reuter  -  236 words
    • 716 4 ARRIVALS Operator Sorvict number Locol time From AC CPA MAS RBA OA SIA SIA SIA THAI MAS GIA SIA ACS 58 CX710 MH603 BM2I GA960 SO 105 SO 201 SQ191 TG403 MH682 GA940 SQI07 0950 1015 1020 1030 1100 1105 1145 1155 1155 1230 1235 1250 YYZ/LHR/BOM
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  • Page 4 Advertisements
    • 103 4 You've just been promoted. You've traded up to a 3 Series You beat him at backgammon, How times have changed. CiMb v a For 3 woman success n tadf. is not the whole story. It's having proven one's worth that I counts. And enjoying the independence that «<■>« comes with
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    • 54 4 —-v yr"| T The business person's choice. 131 I\/I I J /\y every Tuesday, Thursday. Saturday I I \l I 1 "\/~A and Sunday. Leaving Changi Airport I /L V J_l JL \L at 22:00 hours and arriving at Bombay at 00:30 hours. Gall Air Canada at *****55 or your
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  • REST OF THE WORLD
    • 370 5 AP TUESDAY'S announcement of the record U5534.7 billion US deficit from April to June has pushed the US deeper into the hole as the world's largest debtor nation. The US Commerce Department said the imbalance in the current account (or the second quarter was 2
      AP  -  370 words
    • 112 5 NYT A UNION representing 120,000 federal employees sued in a federal district court on Tuesday to block President Ronald Reagan's executive order that would subject many federal workers to mandatory drug testing. In its suit, the union, the National Treasury Employees Union, argued that the
      NYT  -  112 words
    • 364 5 AFP A LEADING Swiss banker has predicted major upheavals in the global financial system, citing the "precious" state of the United States budget as one of the major pointers to a scenario in which the gold market would be one of the few
      AFP  -  364 words
    • 240 5 AP A NEW PLAN to start Latin America growing again by shifting more production to exports and bringing in more money from abroad was launched on Tuesday by Western hemisphere economists. It was presented by Fred Bergsten, former assistant secretary of the US
      AP  -  240 words
    • 443 5 Gatt '86 Punta del Este Reuter THE "Group of 10" developing nations opposed to the inclusion of service industries in a new General Agreement on Tariffs and Trade (Gatt) have decided to launch a concerted campaign to persuade other countries to Join their
      Reuter  -  443 words
    • 227 5 UPI ALCOHOLISM or heavy drinking should be suspected as a cause of heart failure in people under age SO, a Soviet doctor has said. «peeking at the 10th World Congress of Cardiology in Washington, Dr Anatoty Vikhert said heavy alcohol consumption can
      UPI  -  227 words
  • Page 5 Advertisements
    • 86 5 OUR WIDE OPES SPACES -4 > 4* .shape our attitudes to our airline Canada is a young nation Vfete energetic. Enthusiastic And we prove it every day with our awardwinning in-flight service by offering our guests extra comfort, superb meals and individual attention If you're looking for a refreshing -*kd
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  • Page 5 Miscellaneous
    • 38 5 Doonesbury HBUBfTPOUN TOTHBMT WROXX RoeexrsoN PRESS CON' urn™? \pemiCß f SI m m v m A BY GARRY TRUDEAU jesus, m swum) OHB™ T&RS POHEMCXHtcajps G0& MVS.VXP FROM THIS RtPOKJBR! r m m 1 m V b< V
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  • BANKING AND FINANCE
    • 427 6 Reuter WHILE Commerzbank AG nhahnun Walter Seipp said the Bundesbank is likely to cut its discount and Lombard rates within weeks, Bundesbank president Karl Otto Poehl said yesterday that West Germany intends to stand firm against US pressure for an early rate cut. At
      Reuter  -  427 words
    • 122 6 THREE MORE banks have announced cuts in their prime lending rate. They are DBS Bank, Bank of America and Tat Lee Bank. All have trimmed their prime by a quarter point. The revised rates are 6 per cent for DBS, 7 per cent for
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    • 138 6 Reuter SWEDISH credit markets reacted calmly to last week's announcement of a non-recurring tax on insurance companies although analysts said the measure, when implemented, could cause a sharp rise in interest rates. Finance Minister Kjell-Olof Feldt said last Friday that a 15 billion crown
      Reuter  -  138 words
    • 226 6 Reuter SWISS National Bank president Pierre Languetin said that the flexibility now being shown in renegotiating Mexico's US$9B billion foreign debt is the only way to put life into the so-called Baker debt initiative. Mr Languetin told an international commodities conference in Switierland that
      Reuter  -  226 words
    • 840 6 Reuter SINGAPORE: THE US dollar yesterday closed easier against most major currencies due to selling pressure from Asian and European operators in moderately active late trading, dealers said. They said the selling of the dollar in the afternoon was sparked off by news that Bundesbank president Karl Otto
      Reuter  -  840 words
    • Article, Illustration
      307 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Dealers said period rates were about unchanged to 1/16 point firmer at the outset helped by news that the US treasury has postponed the sale of seven-year notes from next week's mini-refunding and some
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    • 71 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 1-3/8 per cent yesterday, down 1/4 point from Tuesday. The one and two-month term rates (ell 1/16 point while the three-month rate fell 1/8 point. S$ Interbank rates at 7pm yesterday: Offer M Ov«rr»ghl 1 3/8 1
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    • 169 6 Interbonk rotes of 3pm yesterday: Local MltrOi M OMor a ,IJ US dolor Mvrvng pourvc Auttraban doiar NZ dolor Conodkm dolor 2.1680 3.1891 1.3474 1.0319 1.5585 2.1690 3.1927 1.3502 1.0346 1.5604 2.8196 7.3469 3.4286 ***** 3 4206 -23.11 -56.59 -60.70 -69 90 -54.44 Local Mlm to 100 mmH
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    • 452 6 BA Futures EURODOLLAR futures yesterday opened unchanged from Tuesday's rinsing level in Simex and traded marginally Mgt**»* on carryover buying interest following the postponement of the seven-year notes in the US treasury mini-refunding schedule due to the debt ceiling limit The December contract traded up to 93.96 initially after
      BA Futures  -  452 words
    • 244 6 Reuter HONGKONG: GOLD yesterday closed lower on a round of overseas selling near the close after trading quietly most of the day, dealers said. The bullion price settled at U*****.50/412.00 an ounce against an initial 413.75/414.50 and New York's final U*****.70/415.45. Dealers said Japanese and Soviet interests were the
      Reuter  -  244 words
  • Page 6 Advertisements
    • 224 6 Underground economy grows rapidly, Pago 7 II I I I Ps ADDS N I I) I M I S I <) N S I()INIORMAIIO N M A A I Ml N I V m :,-rw h) v. -m t <; *<♦ *v that's remarkably cost-effective. Low installation and running costs
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  • WORLD BACKGROUND
    • 381 7 AP MEXICO'S underground economy of unreported cash payments and sales of illegal drugs and contraband has grown rapidly in recent years, according to a recent study by a business group. The Center for Economic Studies of the Private Sector, affiliated with the prominent
      AP  -  381 words
    • 770 7 AP INDIAN Prime Minister Rajiv Gandhi unleashed his bitter attack on Pakistan almost before the dust had settled from the Karachi hijacking. And it also came not long after he had been photographed nBMy shaking hand» with Pakistan's President Zia U1 Haq
      AP  -  770 words
    • 860 7  -  Trip's success has major implications for the Philippine economy By BRIAN GOMEZ Regional Correspondent THE CURRENT US VISIT of Mrs Corazon Aquino is her most challenging task since the first woman President in the Philippines came to power seven months ago. The aura that
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  • Page 7 Advertisements
    • 81 7 ilhrt Choose from wM liampachis exquisite KAMPAcffr Japanese Set Lunches Japanese Restaurant Tfa l o fty prices and unfamiliar assortment of tapanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of )apanese lunches. Priced at only 16+ per
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    • 196 7 WhX. A-Z Building its the people ana superior facilities that make us stand apart A-Z Building For the modern industrialist looking for factory/warehousing/ showroom space Only 15% space available for lease At A-Z Building, our one owner, one management philosophy means offering you one of the best maintained industrial buildings
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  • FEATURES
    • 506 8 THE METTLE of a nation's leadership is tested most during times of trouble. This is especially true of neighbouring Indonesia where an economic crisis of grave proportions has resulted from the sudden plunge in oil prices. Oil and gas revenues provide the nation with up
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    • 1920 8  -  The Singapore subsidiary of an American company manufacturing stepper motors for computers has proved that local engineers can do their own thing and achieve a large measure of independence from HQ, reports SAID ABDULLAH. SAID ABDULLAH TRAINING INDUSTRIAL designers is important for
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  • Page 8 Advertisements
    • 170 8 :.?>] Tye sane; for Aexcakuce What do you think are the social responsibilities of companies f What do they have to do to be considered as good corporate citizens? We want your views These are questions that will be considered by the selectors of this year's Businessman of the Year
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    • 136 8 FOR SALE BY TENDER The All Steel Gearless Bulk Carrier of 14,083 M/Tons Light Ship Weight "JHANSI Kl RANI" AND ITS CARGO Vessel now lying in damaged condition in the Eastern Special Purposes Anchorage, Singapore together with its cargo Australian coking coal-in-bulk, approximately 41,434 M/Tons West Wallsend 'B' and 9,333
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  • Page 8 Miscellaneous
    • 774 8 RrlStcttr: Ftan&Dicfceis U>P*£.VP t 6R»STTbW.... W Wf VifttU *n fliWiffSl iNSO'N :S\SyV,O;R D CRYPTIC PUZZLE ACROSS I It often contains wet leaves (6) 7 Like a picture in music? (4, 4) 8 Upper circle (4) 10 Sporting assistant who always wins? (6) 11 You can improve this if you work
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  • SPORTS
    • 372 9  -  SINGAPORE LADIES GOLF ASSOCIATION Icy mu/f de Ca rtier ftjfis 1986 AMATEUR OPEN CHAMPIONSHIP By BRIAN MILLER KEE BEE KHIM, defending champion and perennial favourite, will again be on the top of everyone's list when she tees-off in next week's Cartier-sponsored Singapore
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    • 295 9 UPI GUILLERMO Vilas and Horacio De La Pena both won close matches on Tuesday to advance to the second round of the U*****,000 German International Tennis championships. Vilas of Argentina defeated Cassio Motta of Brazil 7-5, 7-6, while fellow
      UPI  -  295 words
    • 696 9 NYT "I'M COMPLETELY taken with polo," Eduardo Lluria said. "It's a contact sport, like football." At the Greenwich Polo Club in the US on Monday, Lluria, wearing an Ascot, Gucci shoes with the snaffle bits and a dou-ble-breasted blazer with
      NYT  -  696 words
    • 358 9 RIDING on the success of last year's tournament, the Tanah Merah Country Club will be holding their second Charity Open next month and early indications point towards a bumper harvest. Last year's Open reaped in $100,000. of which $20,000 went to the
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    • 282 9 Team golf tourney Australia faces Italy AP DEFENDING champion Australia will line up against Italy in the first round of the US mil-lion-dollar Dunhill Cup team golf tournament at St Andrew's, Scotland, from Sep 25 to Sep 28. Tuesday's draw also pitted a powerful United States team of Ray Floyd,
      AP  -  282 words
  • Page 9 Advertisements
    • 467 9 THE TOYO TRUST BANKING CO., LTD. (INCORPORATED IN JAPAN) I J TRUST NON-CONSOLIDATED BALANCE SHEET As at Slat March 1986 and 1985 Yen in millions BANKING ACCOUNT Assets Cash and Due from Banks Call Loans Trading Securities Securities Loans and Bills Discounted Foreign Exchanges Other Assets Premises and Equipment Customers'
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  • Page 9 Miscellaneous
    • 1170 9 to m mm THURSDAY FEATURE SPECIAL Spenser For Hire 1030pm, Channel 5 Robert Urich (left), refugee from Vegas, tries his hand at private investigation again, this time under the name of Spenser. In this pilot episode, he is hired to find the runaway wife of a successful land developer who
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  • INTERNATIONAL STOCKS
    • 562 10 Reuter UNLESS BANKAMERICA CORP's balance sheet shows unexpected, negative surprises in coming quarters, the bank is likely to continue idling assets and shrink than be taken over, despite continuing rumours of a merger or a bailout. Analysts in Los Angeles
      Reuter  -  562 words
    • 331 10 Reuter WALL STREET stocks closed mixed on Tuesday as a last minute flurry of futures-related buy programmes propelled blue chips higher. Analysts said investors continued to trade nervously throughout the day amid concern about the possibility of renewed inflation. The Dow Jones
      Reuter  -  331 words
    • 142 10 S€f 16 C$ Imp CM a A 45* II* -1* Abitfe 23* 41* unch 44* lu Ml I9*b Aigomo Sll Cfntin DOr* P80VQ XOnO 13* 15* 31U -ft Kmr Addkon Lototow Co Mc BkxM 16* II* 35 IVKfl •1* 37* ■44 25 Bp Rnourcti 33* 26* -ft Moor* Cp
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    • 210 10 148 utch SO 1* tmm4 tin Steal 70 inch WooMtvi 1450 unch A A*>ho Abarcom 275 1325 unch unch M» A/100* •MGS 7000 250 Amaprop AMIC, 415 sooo 2045 -5 -200 45 Angvoat BuHato Chartar Com Gold Com Mwch 0* Baan Dna* E R Com E R Prop* 2400
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    • 674 10 SCF 14 uss r ration* Tiro Ruor Cp 23* I4H Natl DM Cham 35* 7 4-M unch 1* FMC Cp 16* inch NO Corp IIIZ 51 4-* AAcon Alunwi Alcoa -\m 38* 20* 40 9* f f Mport Manor FraJnul Cp 53* 19* inch i i 58* 77*
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    • 847 10 Amsterdam SO M tk AM 549 50 -8 Amm 100 50 -18 Ahold 93 10 -1.7 Afcao ***** -2.5 Ahnto 152.00 -0.6 AMEV 75.00 -08 Ajrro Bark 97 80 -27 AM SMd 124 50 in* Barfed 35.50 -25 Banun* Buatvman TWodl 118 00 +0 5 212.00 -3 C*va
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  • Page 10 Advertisements
    • 203 10 Vi k «r« io wine, iilcHs aai «aMia '£f% vAl!Pl' > MKi/ r >x r m Mr I *9 9. »%> The Drums Roll and A fecial Ceremony takes place at 8.15pm every Thursday... The Executive Chef will then ceremonially carve a succulent roast, done to a turn on the
      203 words
    • 151 10 /savour the\ 'Manhattan Splendour' j>-¥' A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb choice at only $24.50*. •Subject to 10% terrier charge
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    • 211 10 V TEOCKEW PORRIDGE BUFFET $5SO+ SA'l'' <5^ lf*f person) You can erjoy savoury 'homely dehes such as braced pork 9 steamed stuffed Dean curd 9 sambal txn|al 9 fried salted fish 9 sauteed ctucken with mushroom 9 sauteed chai poh omelette 9 fried Mack pomfret n soya bean sauce 9
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    • 100 10 y/j/j Va <rs The Heritage Bar tl.ooam—7.oopm K to! Live Entertainment Daily From 5.00pm RJRAMA SINGAPORE HOTa 10 Eu Tong Sen street Singapore 0105 Tel: 533 3888 TIEN COURT For a whole new Sichuan experience! V I'vX r Tien Court presents a feast of spicy Sichuan dishes prepared exclusively for
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    • 155 10 on Pmm 15 Our Mid-Autumn fetivd promises )ou the moon and delivers it For starters, our mooncakes are simply delightful. So is the heavenly spread at Cafe de Prince Mid-Autumn Festival Lunch and Dinner Buffet at $16++ per adult and jtc $12++ per child. Over at Feng Ch&ng L6u H
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  • ASIAN STOCKS
    • 357 11 HONGKONG: Share prices yesterday closed lower yesterday on late position squaring sales ahead of the mid-term report to be made later in the day by Financial Secretary Piers Jacobs. The Hang Seng Index lost 5.96 to 1,921.99 and the Hongkong Index was off 2.96 to 1,210.29. Trading was only
      357 words
    • 242 11 SCP 17 Al Sincara Mm Alio Conant MT 1 67 23.10 31 30 -001 mch +0.2 Kuochan Dav Laa Chang Yuan Cham rous Lian Hwo Indus Nan Yo Plas 1980 29 80 1085 33.20 0.1 0.6 +0 15 +0.2 Chang Hwo Bank 38 40 24 60 -02 0 7
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    • 295 11 Jff 17 Van 487 7 A^nomoto 1500 40 Mitvjb Eitota Mitiub Haovy 2150 603 30 12 810 -5 Mit*jb«hi 1260 50 Atohi Cham Asahi Giou Bonk Of Tokyo 821 1230 880 -24 10 -5 -29 -18 Mitsui Co Mrtiu Sh«>t>kJg Milmm SmaHmg Mitwiioihi 695 169 345 1050 •16 2
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    • 104 11 SfP 17 Won 1050 14 Chad Sugar Doafm Ind 1945 -9 I960 10 565 2280 40 Daewoo Corp 1176 1385 1 Korto Long Term Lucky Ltd 1470 1640 inch Doahn Sacuntia* Dong Ah Phar Dong Suh Stock Dongbu Staai Gold Star 2621 870 1565 1680 X unch ■40 -9
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    • 548 11 SYDNEY: Australian share markets closed lower in heavy trading yesterday after a firm start gave way to widespread selling. Most leading stocks lost ground after a session of violent price fluctuations. Heavy profit-taking among gold stocks led the market down as further sharp falls in London and Tokyo added
      548 words
    • 82 11 ser 17 ZZSr.:::::: Nai Z 0.002 +***** Mar**** Ononfat B PM Otwuai PMtx B 0.014 unch 0.016 inch 0.36 -0.01 Apax Mn» 8 Afks Con. B 0.014 inch Plcop B I PLOT 71* -16.5 1025 mti fAyM) GofcJ Bomc Petroleum Bonguat Con. B 0.0014 imch 0005 -***** 112 -3
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    • 180 11 Reuter BANGKOK: The Securities Exchange of Thailand Index declined 2.16 to 157.99. Turnover amounted to 511,963 shares valued at 88.2 million baht. Reuter sir 17 i Mil Sam Caman* 705 •IS San C j)n«nt Ao Khom Thai Sam C Jtamrn Asia F8ws 136 LMU a imp Ayu«#>yo hwitmmmt... 173
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    • 43 11 Reuter FIRST PACIFIC International Ltd will buy the Metro Drug group, a leading Philippine pharmaceutical manufacturer and distributor, for about HK$l62 million. Metro Drug group showed a total turnover of more than HK$76O million last year. Reuter
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    • 373 11 FT HOPES of rescuing Wah Kwong, an ailing Hongkong shipping group, were dealt a fresh blow when Chase Manhattan Bank of the US moved to arrest a second vessel in its fleet on Monday. Chase revealed that it had moved with a second US
      FT  -  373 words
    • 162 11 Reuter THE government-owned Mas Transit Railway Corp aid its profit after depredation but before interest and finance charges rose to HK$l96 million for the six months ended June 30, from HKJIT9 million a year earlier. f>»irm«n Wilfred Newton said he expected operating results to
      Reuter  -  162 words
  • Page 11 Advertisements
    • 577 11 1 ..aet-... zjaa If > for all that conveniences FREE Ample Parking No Hassle, No Watting No Traffic Jam No Lift Taking i/ S>\l cs-i -r rRR SwhodHwl—t 920, East Coast Parkway Singapore 1544 W Tel: *****28/9, *****11 S®3l <*=" M J; Wi*ei* id wiae, «iia« ami naimioia w m
      577 words
    • 165 11 Shi f PLUS A TOP LOCAL BAND Every night, we have 2 top bends to entertein you I the most popular show band from the Philippines, I Ba/bells Band and our own local band. Provides I you with an endless repertoire from sentimental favourites to hot disco rock. I Happy
      165 words

  • RAW MATERIALS
    • 491 12 Impact on commodity prices expected to be delayed MBT THE DEVALUATION of the Indonesian rupiah is likely to have varying effects on commodities Jn Malaysia. While prices may be affected, the magnitude will not be the same for all commodities and even then,
      MBT  -  491 words
    • 788 12 Reuter COFFEE ROBUSTA FUTURES on Tuesday advanced in active afternoon trading to end with £40/70 a tonne /gains, at the highest levels since March, after trading quietly on Tuesday morning. Dealers said constructive technical factors underpinned the rise, aided by firmer New York mar- ket and a downturn
      Reuter  -  788 words
    • 443 12 AP SAUDI ARABIA'S Arabi-an-American Oil Company's production last year declined to a daily average of 3.04 million barrels 880,000 barrels leas than in 1984 according to Arameo's 1985 annual report, published on Monday. The report confirms industry analysts' figures last year indicating
      AP  -  443 words
    • 196 12 MALAYSIAN crude palm oil prices were higher at the close yesterday on further covering after the recent fall. Prices were supported by firmer palm oil futures and steadier overnight Chicago soyoil futures, dealers said. However, trading was thin as operators preferred to await further developments before making any
      196 words
    • 101 12 OIL PRODUCTS THE FAR EAST crude and products markets were quiet with most companies attending the last day of the Asia-Pacific Petroleum Conference in Singapore. Product prices were little changed with most activity still focused on kerosene on demand from Japan and regional consumers. Closing prices for crude (fob origin)
      101 words
    • 153 12 Reuter WHEAT FUTURES on Tuesday closed higher after a quiet tessk», up 3-1/2 US cents to 3/4 cent a bushel on the Chicago Board of Trade. Spot September led the advance in response to concerns about deliveries, with last week's taken by strong commercial hands, none posted this week
      Reuter  -  153 words
    • 164 12 Reuter SOYBEAN FUTURES on Tuesday were higher at the close at trading, climbing 4-1/2 US cents to 1/2 cent a bushel on the Chicago Board of Trade. September led the advance and traders said strength stemmed from lack of any deliveries against the contract so far, with only three
      Reuter  -  164 words
    • 106 12 Reuter TIB KUALA LUMPUB Ito irhit. KLTM, price y—tor toy InpH cent (nb Tuesday to etose at per kils la (akty hM trndleg, dealers said. Bnm seUlag interest was —tod at the higher levels, tat the tower price attracted farther Japa» purchases, mainly n a mall seato hasls
      Reuter  -  106 words
    • 66 12 Bangkok (US$/t«NM, FOi) Whit* Rke 100% Ut clou 255 100% 2nd clou 220 100% 3rd dou 215 5% 205 10% 200 15% '95 20% «85 25% »75 35% »75 Broken Rica A-l Super 128 A] Special »25 C-l Speool unq C-l Ord unq Loonzain Rice 100% Ut grod* una
      66 words
    • 292 12 Renter SMOAPORE THE MARKET yesterday closed slightly higher with October One RBS buyers quoted at 191.00 cents per ldlo, up 0.50 cent from Tuesday. The morning session ended steady after moving uncertainly on some prof-it-taking and speculative buying in quiet trading. Prices rose slightly in quiet afternoon trading on
      Renter  -  292 words
    • 263 12 RAS prices in S caati/kf, F08 m k aha NOI ON krtf 1 RSS Prompt Pirytn 189 50 SaSan 190. SON 191.00 I92.00N kr* 1 RSS Oct 86 189.50 190.50 191.00 191.50 km 1 RSS Nov 86 190.50 191.50 193.00 193.50 bit 2 RSS OP 181.50 183.50N
      263 words
    • 81 12 (owti/kf, 1-tw I OCT 86 NOV 86 (curror it month) (forwon i month) NOON NOON RAS iwyn Salmn gUygfg Silm SSR 20 164.00 166.00N 164.50 166.SON SSR SO 161.00 163.00N 161.50 I63.50N MRELB R^r. Sdhn §mfm% Jthtll SMR CV 254.50 256 50N 255.50 257.50N SMR L 254.50
      81 words
    • 127 12 CMimm Produce Robusta 20/25% 625.00 Exchange FOB NSW Of! Nutmeg 110 FOB NSW 1405.00 Coconut oil BWP FOB NSW 1289.00 Buk FOB 40.00 Gambier Old drum FOB Ntw drum FOB 53.00 57.00 FOB NSW 330.00 Copra London Commodity Mixed (loose) 19 buyers Exchange Selers' dtaiefl price see Sep
      127 words
  • Page 12 Advertisements
    • 62 12 N(£> W A o!o v o > v V e 0^ 4 An event of the 4th Times Inter-Business Houses Athletics Meet to raise funds for the National Kidney Foundation and Singapore Amateur Athletic Association. Jointly organised by The Straits Times Press (1975) Ltd and Singapore Amateur Athletic Association. For
      62 words
    • 91 12 r i i i i ii I I II I M II II M I 0 BANGKOK BANK LIMITED SINGAPORE BRANCk U5550,000,000 Callable Negotiable Floating Rate US. Dollar Certificates of Deposit due 18th September 1987 Retractable to 18th September 1986 at Issuer's Option In accordance with the provisions of the
      91 words

  • SHARE INFORMATION
    • 4158 13 SHARE PRICES closed mixed on the Singapore stock market yesterday after losing ground in the afternoon in quiet trading. Continued concern over the Malaysian ringgit and speculation about the upcoming Malaysian budget led to some profit-taking later in the day. At
      4,158 words
    • 227 13 sir Rises C K Toaa 240 K L N»| 172 Sal C«c»—w 152 ITith 11 340 Strwta Tra4mg 334 kMi SO* 328 Khaag Gmm 284 Mmnimm Mm 262 tMM 219 Pp* Hm 130 Falls Mm Cowl 250 MTT 510 PAN 795 ICS 655 Im 132 S7H 810
      227 words
    • 3113 13 BID and after price* officially listed and business la and reported to the Stock of Singapore yesterday with the number of shares traded showm In brackets in lots of 1,000 unit* unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT". Big
      3,113 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 518 14  -  By NAJEEB JARHOM THE TRENGGANU state government, already the largest shareholder of pub-licly-listed TDM Bhd, has begun to inject some of its assets into the plantationbased company. It is proposing to sell to TDM substantial stakes in two profitable companies which are
      518 words
    • 102 14 HONGKONG Hongkong Index Wednesday 1210.29 Tuesday 1213.25 Wnk ago 1244.68 Hong Song Index Wednesday 1921.99 Tuesday 1927.97 W«k ogo 1976.16 All Industrials Wednesday 1908.0 Tuesday 1914.3 Week ago 1941.1 NEW YORK Dow Jones Tuesday 1778.54 Monday 1767.58 Week ago 1884.14 TOKYO Nikkei Average Wednesday *****.62 Tuesday *****.19 Week
      102 words
    • 184 14 Reuter THE AGREEMENT between the London Stock Exchange and the International Securities Regulatory Organisation (Isro) to establish a single recognised investment exchange should widen foreign banks' and securities firms' access to domestic UK markets, exchange chairman Nicholas Goodison said on Tuesday. In particular, Mr
      Reuter  -  184 words
    • 227 14 Monogars' pricas for S«p 18 8ingapors Unit Trust MARA-Bumiputrs First B"putro Sacond B'putro Third B'putro Fourth B'putro 4 80 4 85 4.42 4.47 339 3.44 Tha Commarca 0.87 0.93 3 86 3.91 The Sovngi Fund 0.79 0 85 Fifth B'putro Sixth B putro 2 46 2.51 S'pora Prog
      227 words
    • 492 14 THE KUALA LUMPUR stock market was again plagued by uncertainties yesterday. Early attempts at rally fizzled out and share prices finished narrowly mixed. Bargain hunters were around in the morning but they only concentrated on selective counters. And even these issues
      492 words
    • 1860 14 BID and offer price* officially listed and burtw in and re-, ported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS Aono (1788) xd (3006) (2) 300 Aiceai (708
      1,860 words
    • 192 14 MALAYSIA Alea Berhad: 17th AGM Sayang Room, Rasa Sayang Hotel, Batu Ferringhi, Penang, today at 11am. ALEXANDRA Haldtngs limited: AGM at 255 Alexandra Road, Singapore 0315, on Saturday, Sep 20, at noon. JACK CH1A Enterprises (Malaysia) Berhad: 59th AGM at Conference Room, (Serunai 1 A 2), PJ Hilton,
      192 words
    • 733 15 was mm™ HOCK LOCK SIEW IT'S A PITY that a showdown had to come between Promet Bhd and some of its creditor banks. It could have been avoided since Promet's problems, albeit huge, are definitely not insurmountable. There are companies in the same boat as
      HOCK LOCK SIEW  -  733 words
    • 192 15 SINGAPORE PnM Holdings has disclosed that the tamed capital of Kooo Wah Printing Pte Ltd, which it is acquiring in full (or $4.03 million, is $6 million while the authorised capital is $12 million. Its directors are Frank TC Yung and Kua Hong Pak. The SPH directors do
      192 words
    • 785 15 SHARE PRICES opened higher yesterday in nervous early business, partly in a technical reaction to Tuesday's sharp (alls and partly in response to a batch of encouraging trading reports earlier in the day, dealers said. By 0818 GMT, the FTSE 100 Index had recovered 15.4 points of Tuesday's
      785 words
    • 397 15  -  By LORETTA McLAUGHLAN BANKERS to troubled Van der Horst are close to an in-princi-ple agreement to give the company a lengthy breathing space of possibly up to five years. Trading in the shares of the group, which services the offshore oil industry, was
      397 words
    • 375 15  -  By CHAN OI CHEE TEO SOO CHUAN, chairman of the See Hoy Chan group and a board member of several listed companies, has resigned as a director of Intraco Ltd, the Temasek Holdings-backed trading company which saw an exodus of senior executives this year.
      375 words
    • 715 15 TROUBLED Pahang Investment PLC is facing a winding-up petition filed by one of its shareholders who alleged that the company's affairs are being conducted in a manner prejudicial to the interest of shareholders. The Kuala Lumpur High Court will hear the petition on Oct
      715 words
  • Page 14 Advertisements
    • 225 14 YOU DONT GET AHEAD Whether it's winning a contract or making a sale, you don't succeed in business if you come in second place. The same applies to the news and information you need timely, reliable news you can act on. That's why successful executives insist on having their own
      225 words
    • 292 14 NOTICES FAR EAST KETCHUM (SI ADVERTISING PTE LTD (In Voluntary Liquidation) At an extraordinary general meeting of Far East Ketchum (S) Advertising Pte Ltd held on 9 September 1986, the following Special Resolutions were duly passed: 1. That Far East Ketchum (S) Advertising Pte Ltd be wound up voluntarily and
      292 words
    • 227 14 Act Cap. ltt la the Matter MCB Pte. IM. (Memben' Vetaatary wMfawiW At an Extraordinary General Meeting of the abovenamed company duly convened and held at 47 Hill Street #05-04, Chinese Chamber of Commerce Industry Building, Singapore 0617, on Wednesday, 10 September 1986 the following resolutions were duly RESOLVED:SPECIAL RESOLUTION
      227 words
    • 226 14 IN THE MATTES OF THE COMPANIES ACT (CHAPTES ltt) IN THE MATTES OF AUSTIN TECHNICAL PTE LTD (MENSES? VOLUNTASY LIQUIDATION) Notice Is hereby given pursuant to Section 308 of the Companies Act (Chapter 185) that the Final General Meeting of the Members of the abovenamed company will be held at
      226 words
    • 193 14 OFFICIAL NOTICE PROPOSAL TO CHANGE SHIP'S NAME We, Sum Cheong Piling Pte Ltd of 1 North Bridge Road, #24-04, High Street Centre Singapore 0617, hereby give notice that in consequence of the intended change of ship's name, we have applied to the registrar of Singapore ships, under section 417 of
      193 words
    • 310 14 IN THE MATnS OP THE COMPANIES ACT, CAP. 1M AND IN THE MATTEB OP WILENE ENGINEERING ft HARDWARE SUPPLIERS (PTE) LTD v (la ViMuj LI ill liMis) MEMBERS' VOLUNTARY WINDING UP At the Extraordinary General Meeting of the members of WILENE ENGINEERING ft HARDWARE SUPPLIERS (PTE) LTD, duly convened and
      310 words

  • Page 15 Advertisements
    • 176 15 YUMIN PROPERTIES AND MANAGEMENT PTE LTD Seminar On THE LAND TITLES (STRATA) ACT AND THE AMENDMENT BILL 19 September 1986 Shangri-la Hotel Programme Contents: The Land Titles (Strata) Act And The Amendment Bill An Overview What are the legal aspects of the bill affecting the Management Corporation And Subsidiary Proprietors
      176 words
    • 160 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Sin Ll&n Shipping Pte Ltd, 10 Anson Road, #1419/20, International Plaza, Singapore 0207, hereby give notice that in consequence of the Intended change of name of ship. We have applied to the registrar of Singapore Ships, under Section 417 of the
      160 words
    • 209 15 vieWm the real ...from the men who orchestrated the success stories of the last decade and built corporate giants like AT T, Sears Roebuck, Westinghouse Electric; etc. "VIEWS FROM THE TOP" is a hardback book of how the top men of American industry won their success. It is available ONLY
      209 words

  • 486 16  -  Animated commercial spearheads movement By ANNA TEO THE CALL to be "the best that we can be" takes a fresh, and timed, approach this year. An animated, instead of human, cast on television and a Jazzed up campaign song spearhead the 1986 productivity
    486 words
  • 280 16 Reuter AUSTRALIA plans to relax export controls on crude oil and a number of minerals. Prime Minister Bob Hawke said in Sydney yesterday that prior approval of the prices of crude oil exports would no longer be required, though the
    Reuter  -  280 words
  • 354 16 Reuter INFLATIONARY PRESSURE, which for some 15 years undermined efforts to promote global economic recovery, has been conquered in the industrialised countries, the International Monetary Fund said yesterday. But the fund's annual report for the year to April 30 also said that world
    Reuter  -  354 words
  • 89 16 FIRST DEPUTY Prime Minister Goh Chok Tong will return this evening, ending his 18-day tour of four West European countries England, Holland, West Germany and France. Mr Goh yesterday rounded off his visit to France with meetings with French Defence Minister Andre Giraud and former French
    89 words
  • 58 16 It's Anwar again UPI MALAYSIAN Education Minister Anwar Ibrahim was yesterday re-elected president of the Youth wing of the United Malays National Organisation. He polled 303 of the 412 delegates' votes, easily fending off a challenge from Syed Hamid Albar. Mr Anwar's comfortable victory was seen as further endorsement for
    UPI  -  58 words
  • 289 16 Reuter A NEW INDEX measuring trade between the US and 131 nations shows that the US dollar has fallen in value by only about 6 per cent over the past 18 months. Harvey Roeenblum, a senior vice-president of the Federal Reserve
    Reuter  -  289 words
  • 314 16 Agencies UMNO deputy president Datuk Musa HI tain yesterday called (or the separation of business from politics within the party. All the investments of the United Malays National Organisation should be managed by professionals with no political aspirations whatsoever. This way, if they
    Agencies  -  314 words
  • 333 16 AP THE US ECONOMY'S performance has been disappointing this year, but 1967 should see better growth, with chances of a recession diminished. The National Association of Business Economists said in Washington yesterday that its latest survey of 300 of its members had found
    AP  -  333 words
  • 309 16  -  By UBA LEE JURONG ENGINEERING has won a second contract for Changi Airport's second terminal. Together with Shimiwa Construction, it has won a $17 million contract to build 14 passenger loading bridges which will transport passengers between aircraft and the terminal building. Jurong
    309 words
  • 79 16 Reuter COMEX GOLD FUTURES dipped briefly early yesterday through Tuesday's lows on prof-it-taking carried over from the London market before steadying on light short covering. Gold for delivery in December held a net loss of US$l.BO at U*****.40 an ounce after finding support below Tuesday's lowest level of
    Reuter  -  79 words
  • 65 16 Reuter WALL STREET stocks were mixed in early trading yesterday, with blue chips giving up some of the gains posted during Tuesday's session. The bond market provided little support as August housing figures offered few dues to the direction of interest rates. The Dow Jones Industrials Average
    Reuter  -  65 words
  • LATE FILE
    • 61 16 Reuter JAPANESE Finance Minister Kiichi Miyazawa yesterday said that the present system of floating foreign exchange rates was not working well. Mr Miyazawa told Parliament that the Group of 10 Finance Ministers' meeting in Tokyo last year had discussed target zones, but problems surrounding the
      Reuter  -  61 words
    • 46 16 Reuter HONGKONG'S Grosi Domestic Product is estimated to rise 5.6 per cent this year, revised from a previous forecast of 4.5 per cent, owing to stronger-than-expected domestic exports, Financial Secretary Plen Jacobs said in his mid-term economic review yesterday. Reuter
      Reuter  -  46 words
    • 46 16 Reuter THE US Administration believes that home mortgage interest rates can be reduced further. White House spokesman Larry Speakes said yesterday that a gap currently existed between mortgage rates, which he said were running just under 10 per cent, and the prime.
      Reuter  -  46 words
    • 40 16 AFP DEPOSED Philippine President Ferdinand Marcos may be listed among the accused in a new trial of the Benigno Aquino murder case 'if the evtdenoe so warrants", state prosecutor Francisco Villa said yesterday. AFP
      AFP  -  40 words
    • 44 16 Reuter THE DEATH TOLL from toxic fames in a fire in the Kinross gold mine, in South Africa's eastern Transvaal province, rose to 177 yesterday nWlrUk hflH out little hope for the survival of seven men still missing.
      Reuter  -  44 words
  • Page 16 Advertisements
    • 41 16 OF SI NGAPORE Professor Michael A K HalHday Lee Kuan Yew Distinguished Visitor lectures on Language in school At Lecture Theatre 13 KENT RIDGE CAMPUS Today, Thursday 18 September 1986 Time: 5.30 pm ADMISSION FREE ALL WELCOME Enquiries: *****03, *****22, *****16
      41 words
    • 9 16 Major upheavals in world financial system prodictod, Pago 5
      9 words
    • 187 16 ?/"\&:.!*=.:<)\.}.`)<&:})$(?\=> :v With the personal touch. No challenge too small, nor too large. We are the company for you when it most cost effective methods. With- time. Strictly tailor-made, is a matter of oceanborne transport out detours. For a personal, problem free serworldwide. Safety and reliability are the hall- vice,
      187 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 644 17  -  By LINDA CHEE SINGAPORE's shipping community has made a call on the Government to stimulate the country's role as an international centre for shipowning and ship management services. Current tax and financial incentives are not as good as those available
      644 words
    • 167 17 Reuter PANAMA will allow discounts of up to 30 per cent soon on ship registration fees as part of a move to attract foreign shipowners, Panamanian shipping affairs director Hugo Torrijos said in Hongkong. Panama currently charges US$l.OO per tonne a year
      Reuter  -  167 words
    • 366 17 PT DJAKARTA Lloyd, the Indonesian national line has appointed Harper Wira as its new general agents (or the Straits/Australia ro-ro/10-lo container service. The managing director of Harper wira Tengku Zainal Rashid, who announced the appointment said Djakarta Lloyd had to review
      366 words
    • PORT SIDES
      • 79 17 Reuter THE 160,010 TON Kuwaiti tanker A 1 Funtas is ablaze in the northern Gulf after being bombed, Lloyd's Shipping Intelligence said. It said tugs are heading towards the ship, owned by the Kuwait OU Tanker Co, but gave no details on casualties. Earlier, the 117,857 ton
        Reuter  -  79 words
    • 1268 18 THIN business on the London shipping freights market revealed little overall change on Tuesday. Rate levels held steady where comparison could be in fixing comprised mostly of grain voyage and time-charter operations. MSK fixed the Virtue from the US Gulf to Taiwan with a 31,000-ton Oct 5-10 grain
      1,268 words
    • 461 18 Lloyd's List MAJOR GROWTH in the seaborne of thermal coal during the period up to the year 2000 is predicted in a new survey by Ocean Shipping Consultants. The trade is expected to expand from a level of 94 million tonnes
      Lloyd's List  -  461 words
    • 85 18 Reuter INDIA'S Madras port plans to double its annual container handling capacity to 200,000 TEUs by 1969. Indian deputy chairman of Madras Port Trust S Ganesan said. The port handled 75,000 TEUs in 1965 and is expected to handle at least 100,000 this year, he
      Reuter  -  85 words
    • 245 18 Argentine Sept S Beunos Aires Waiting time of up to 2 weeks. Australia Sept Sydney Normal operation. Bengladeeh Sept Chalna 15 vessels operating; Chittagong 20 vessels operating. Brazil Sept Santos Waiting time up to 1 week. Cameroon Sept Douala Delay due to heavy rain. Chile Sept S Valparaiso
      245 words
    • 454 18 Reuter VERY LARGE crude carrier freight rates to the Far East from the MidEaxt Gulf are expected to continue quietly easier this week, shipbrokers said. General Sekiyu unexpectedly took Eriskay for 220,000 long tons last week from the Gulf to Japan,
      Reuter  -  454 words
    • 702 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Aftrans VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Batt-Canada Line VI 4/5 Bait-Orient Line VI 4/5 Bonk Line V 5 B8S 1 4/5
      702 words
    • 117 18 AP THE FRENCH Association of Ships' Captains has called for the protection of French vessels by the French navy in the Gulf, following the attack on the French tanker firfssac. It was the third attack on a French vessel in the Gulf this year.
      AP  -  117 words
    • 338 19  -  By KINGSLEY WOOD THE AUSTRALIAN Prices Surveillance Authority is to review the charges of oil products, including fuel oil a decision welcomed by the Australian Shippers' Council, which has protested about the vast gap between local and overseas cost of bunkers. ASC president
      338 words
    • 172 19 Reuter CHINESE SHIPPING officials will visit Panama within the next two months to study its ship registration system, Hugo Torrhos, Panama's director of shipping affairs, said. China does not have formal diplomatic ties with Panama, which recognises Taiwan. Mr Torrijoe said the visit by
      Reuter  -  172 words
    • 167 19 UPI THE TOTAL deadweight tonnage figure for the worldwide tanker fleet in lay-up reduced for the 13th successive month in September, figures from the latest Lloyd's monthly list of laid-up vessels showed on Tuesday. The list showed that despite a rise in the number of
      UPI  -  167 words
    • 179 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
      179 words
    • 204 19 AP SQUADRONS of Iraqi warplanes on Tuesday dealt Iran's Kharg Island oil terminal "violent blows" with three strikes in 45 minutes, and Gulfbased marine salvage sources said the facility was engulfed in clouds of smoke. The Baghdad high command reported in a military communique
      AP  -  204 words
    • 7976 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
      7,976 words
    • 753 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location B Mek>r 382 18.9.86 1800 Leo Shpg F1 0830-0930 U3 Clara Maersk 8605 18.9.86 1800 Maersk F5 0800-0900 B2 Tokyo Bridge 07/571 18.9.86 1830 Kawasaki F1 0930-1030
      753 words
    • 1679 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—• A Top initrpriMt hi Ltd Some (S) Ai Shipping Boustead Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Muttiport Sdn Bhd (PK) American
      1,679 words
    • 127 26 Area/Port Viscosity Density Wstsr C8T at 50C G/ML at 15C Volums 0/0 Africa/Red Sea Jeddah l25/l88 0.947/0.982 0.1/2.9 Durban 129/187 0.978/0.990 0.0/0.4 Arabian Gulf Ras Tanura 155/173 0.950/0.974 0.1/0.2 Bahrain Europa Rotterdam 51/428 0.935/0.995 0.0/1.2 Hamburg 27/400 0.943/0.989 0.0/1.4 Le Havre 168/467 0.970/0.990 0.0/0.2 Genoa 34/379
      127 words
    • 573 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Sondershousen Trons Fjord Fort Clipper Koto Wirowon La Rk>ia Liheng Mu Dan Shan Ned Barcelona N9e Onto* Toyofui No 5 Tram Bay KI8 K9 K20 K30 Kl6 <36 K35 Kl2 K33 K20 KIO K9 S pore Shpg
      573 words
  • Page 17 Advertisements
    • 699 17 11.11 111 HI s («M, M )w if »i I,ii Concise Comprehensive Contemporary ■nDMbaMtr H FEDERAL MUM SMTfME AGDUB On. Hi. 2428 M/ 001) agents 200 Cantonment Road *124 i Saithoomt Sappore 0?08 IH *****11 TELEX NO RS ***** JR, TERMNAL/CFS 3200 TO 220 BOORMGS 3200 234 10 235 'bbb
      699 words
    • 66 17 MAJOR GROWTH in the seaborne of thermal cool during the period up to the year 2000 is predicted in a new survey by Ocean Shipping Consultants. Pig* II THE AUSTRALIAN Prices Surveillance Authority is to review the charges of oil products, including fuel oil. Page 111 Index to odvertisers II
      66 words
    • 589 17 f? MAERSK LINE FASTEST TRANSIT TO EUROPE INGAPORE/ANTWERP 17 DAYS INGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS P*nang Vmml Voy IS* por« EXPORT TO USA. EUROPE. •a nn osoo m en tin i*o m ISmppert ci -nnakm CTS 2VI 1000 MB nn n 2/10 7/10 14/10 M Part
      589 words

  • Page 18 Advertisements
    • 326 18 STRAITS FEEDER Atlantic/Canada Faadar at bi7TB rii'—M tiJjM irMnaninc: I;' 1 ''I*!'??™ IX~—— ■fM^onr^pnirMßig-^Eiin^niiisai £.\IIL MIDDLE EAST Full Container Service (A member of Oasis Consortium) ETT3 iTv; TRANS SIBERIAN SERVICE Weekly Container Service i 'i ""ir I fen PAN ASIA LINE, INBOUND FOR STRAITS PORTS WEEKLY JAPAN/STRAITS/TAIWAN A JAPAN SERVICE
      326 words
    • 321 18 ii -K.' «-vn7Tn Supercarrier Service T* rrrrvwri a: r c/u i/n u/11 12/11 14/u 21/11 23/11 25/11 27/11 21/11 7/12 9/12 11/12 13/12 IVI2 mj i.r r i W/L CONTAINER SERVICE ir~—in^-er Oct 13 Oct IS Oct 21 Hw 1 Nn II AGENTS BARBER WILHELMSEN AGENCIES PTE. LTD. SMGMOK *****77
      321 words

  • Page 19 Advertisements
    • 852 19 The Straits Steamship Group Mansfield Container Shipping PteLtd STRAITS SHIPPING Singapore to Saboh, Sarawak, Brunei Ports and Bangkok occ Overseas Containers Limited cnmuosMP services to/ Wt'.'il.v: il'! IM'iMHiIl iflHi-.H > a.lttl] Spar. rami 22/9 m/> 20/9 20/9 m/m 00/io 11/ 10 13/11 19/10 21/ It x/ii a/n 04/11 M/U 11/11
      852 words
    • 1176 19 ANNOUNCEMENT DJAKARTA LLOYD PT DJAKARTA LLOYD pleased to announce the following SINGAPORE Effective ItT OCTOBER, 1«M. EKA JAYA AQEMCKB PTE LTD will take over fully from Neptune Agendas (Pte) Ltd as the Agent in Singapore for FT DJAKARTA LLOYD'S CONTAINER SERVICE TO/FROM AUSTRALIA MALAYSIA Effective IST OCTOBER, IMS, HARFER WMA
      1,176 words

  • Page 20 Advertisements
    • 375 20 MM ML Hapag-Lloyd TO CONTINENT. UK EXPORTS Bturai Man/lmrp 13/10 14/10 21/10 21/10 21/10 29/10 B/U 7/11 13/11 14/11 10/11 20/11 29/11 30/11 S/12 7/12 14/12 IS/12 21/12 22/12 27/12 21/12 sp«< n 22/0 24/0 2C/9 20/9 4/10 0/10 11/10 13/10 19/10 21/10 20/10 21/10 4/11 1/11 11/11 13/11 19/11
      375 words
    • 615 20 KSline NNi W""* cmw"" FULLY CON T AINERISED SERVICE FROM [iJROPF VIA SUEZ ol thf rf Co™""*" CJ tMB K CHMA CONTMO IK CMNTM. am sft S>™ (25/9) 23/9 2/10) 30/9 fIHLY CONTAIN! RISED 10 f ROM NOR IH AMERICA rtfST COAST •fW/WDO Ktssn nti m/r. mrnxn OP MK SHE*
      615 words
    • 410 20 Sun Hup C o (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** A RS ***** fc l \S 11 K\ \K I l\l R. Ill) n STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS ASIAN CUPPER (MANGE ZEWTH SEKI AKESH SEKI MATSUYARM Loadni at appropriated Berth P4-P5
      410 words
    • 755 20 full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) OUTBOUND Fnnoms str motto w uu *c m vci m no guest zs/i mkt n/u ivm EW* GUOT 25/1 MTM ATOUO 24/11 ZVU Z7/M no golden i/ii no GEjmnr zvu n/u no GOLKH 1/11 MCffC MM VII VII VU
      755 words

  • Page 21 Advertisements
    • 924 21 onirrmu 1 iuui 9 10, A PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL MAJAPAHIT GOWA SING A FAR EAST CONTAINER SERVICE SIN JKT SBV SIN HKQ KAO «TCH KEE BUS *MUR *HTC YOK KOB KEE 20/9 22/9 24/9 29/9 01/10 02/10 04/10
      924 words
    • 913 21 BENLINE CONTAINERS EXPRESS COKTWO SOWCE TO UK/CONTfOT EXPRESS CONTAMER SERVICE FROM UK/COKTKNT HAM BEHAVE* IDAM MMK STOW Ouka Bay bM SjM faU SjM bM Bremen Eipreu SjM bM SaM SaBoA M Batu*e* SjM SjM bM SaAoA SaßeA Mara* Bit SjM IV9 l»/» 21/9 23/9 Uy ot EdMvfk 25/9 27/9 28/9
      913 words
    • 495 21 DJASAGETRI A Joint Europe Service Of: P.T. DJ/UUUTTA LLOYI P.T. 6ESURI LLOYI P.T. lAMKM IWPOWESiA e P.T. TilKOiA LLOYD 'EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EOROPE I STO* BUM MNEM kit 5-7/u an 9/12 29-29/19 9/12 9/12 stok I hjao kvm/rom mimrn m«b 117 w/w I 11/11 is/n HMH/RIMM HWC
      495 words
    • 411 21 BOUSTEAD SHIPPING AGENCIES MAM.AMYAMC ¥32W MmXVEI MM ¥270 man vioiw MTITKYEE NM ¥270 fAGO VI4N •Ouchirpnt (My lea** tar Europe V BURMA FIVE STAR (Burmese National Line) Loading for Rangoon PKeianj Fen** tatfufc 21/23 So* *21/21 So* 22/9-23/9 23/25 So* 2/3 Oct 2/3 Od BANK LINE NORTHBOUND TO UKC STORE
      411 words

  • Page 22 Advertisements
    • 1469 22 K LINE KAWASAKI KISEN KAISHA, LTD; ECUADOR/PERU/CHILE rem wi Utt SIM ttl spore wis png spore kobe guathqur cauao «tc* iquque aeagasta s antoioo vaipmaiso 17 S*p II S«p 1) S«p 21 Stp It Oct iNn IS Nw MNm 17 CENTRAL AMERICA/CARIBBEAN SEA rem vs. ASM SIM vsi rem ysi
      1,469 words
    • 580 22 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Stneapo »t P Mai* P*n»n Loadni tor 17 S«p< II S# Madras/CSo«|/IW4e/C4ea»ta HWW ft Sapt Ma*as *raf «T 21M la*/ta*>i 23 BOTfcty 1 as# XVfl lh*«/C?«|/tM*/C*alb in IS Oct CriOo*o/taftor rm ii Oct CALABAR *27 VISM*A ARBTABH V43H S O MCAIAM) *32 AITB
      580 words
    • 714 22 GOLDEN LINE GUAN GUM SWUNG (PTE) LTD 23, 1M »r« Street SMUVW IIM TIL: *****11 (It IMS) STRAITS/PERSIAN GULF SERVICE: s>». BOUO HARM Coto»t>oKaradiift*e'B*r»ti 4/t Od CMNA OCEAN SWUNG CO.. PEKMG THE PEOPLE'S REPUBLIC OF CMNA nTT. iJMiL DESTNMTUN ftatterdan/Hainbiri ANLUMNG LUFENG MiHil m. la j m A '11 i
      714 words
    • 437 22 INTRASEA {PTE LYD 10 Anson Road 027 16 International Pia/a Singapore 0207 Tel *****11 (10 Lines) •O r Ll BREAKBULK SERVICE TO EUROPE/UK WOULD MES *****11 NOROKAP *****19 f Kte| Lm*« Mr--19/9 SETE/ROT/ANT/W (AVON) 2/19 NANTES/ROT/ANT/UK (AVON) musj (rm lit -1 JJJJJaJJSS a i 224(511 71*711 CISISI/2 PHILITRON SHIPPING AGENCIES
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  • Page 23 Advertisements
    • 716 23 NEPTUNE AGENCCS PTE. LTD TtfNiiMct Totml CfS PI CU/AIST TPA/SM *****77 *****53 *****42 NEPTUNE ORIENT LINES LTD 2719)77 *****22 *****53 OROKCT IKS *****19 *****1 For wmui tr«*M wpm. ptMM at *****44 NEPIM SON. BHD *****87/3M9545/*****53/*****26 K lianpw NEPIME SON. BHD *****71/*****34/*****35 P««f KM.M SON. BHD. *****9/*****5/627M0/627M1/*****2 PAM«f In Port (25/9)
      716 words
    • 279 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON Ito. 7 hH/NM to Dmm urn Hi. Dm/HM ib i DM/MH M< CM (Mi) 7 taa/(MI lb 1 DMM/MM TM/M7 (Mi) Hi i o«—i/tMH lb. I omm/(MR kW 2V» 2/U 14/10 11/11 (0H*«) 13/11 21/10 M/io
      279 words
    • 380 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55. Market Street Sinfapore 0104 Tefc *****33 (15 LJms) T Cable Address SINSOV SMGAPOtt Tetei Numbers K ***** RS ***** RS ***** Office: 22*241/2 P KELANG M/S SHARKAT NAM SOON SON. BHD. IST AND 2ND FLOOR NO 1 JALAN CEMPENMG.
      380 words
    • 55 23 Vf/ /s////v L//ve FOR TIM CMXO».2» SaM 11/S PK ME V.l« 1»/S FIKUUN MMRI NO. 2t 27/* 2/11 S«n l» IW. to Ihni b« tall» $5. < fifc. KJO km 0900-1200 tan. Jlmn wK be m torftv tb Mt SHBUSANA MEBHN I ILU. J™ 143. Cad Sfrwt #U-M OB M*|
      55 words

  • Page 24 Advertisements
    • 380 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) S£A DRAGON E3C3E221 [n3ESSI C513E52E1 EEBE223 tra^inrm li^Mgrm rrj hiimj n w IPCT wujux mnTTTi -■< HIVI Ivtm rrrm bmm mmE TO SOUTH THAILAND iv: m ion FT"B n n ■Tin KIM I FPTnI MALACCA STRAITS FEEDER SERVICE 3 SAILINGS
      380 words
  • Page 24 Miscellaneous
    • 140 24 °c CT'" 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 Shower Weather Wind direction with speed in knots R* l Wave height Cloudy Sky Svteee winds are Mleated by arrows which fly with the wind
      140 words

  • Page 25 Advertisements
    • 125 25 MSC AGENOES K. LUMPUR P. KELANG POMNG P. GUDANG J. BAMARU LEOSMP SPORE *****U/*****56/*****45/*****93 36X7111/4 TERMNAL 36SS3S1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM: EUROPE V& TO EUROPt FQKI ii .annniEMIBJEmEIUImJiEiSICEEJiIIIIKiMPII n 'i/"-TTiTifTTfn—^^TTTTirTrMETMPMIEmUIPIIkiJBCIII H"i>'.'-TTnrTrB r ¥*'^^^TintTTTMIH>TTTMtTTTT nr-TTiBiTirTr»[^::^MCIirrTT»pTTMriTMESBrrT7r^iniiF7TOBTTI H TfTIFTTWI ALSO ACCEPTMG FOR' ANTVtRP, L. HNNE. UK, BREMEN, COPENHAGEN,
      125 words
    • 258 25 TFS L>\ IKfTFPNATIONAL TFS VOY 121 TFS VOY 122 TO HAMBURG TFS VOY G74 TFS VOY A 49 TFS VOY TO Eta Pan IS/S 27/9 Eta Pan Eta Hbg 25/9 24/10 Eta Pah 25/9 Eta Pan 23/9 Eta Mai 24/10 Eta Kao 30/9 Eta Rdm 26/10 Eta Syd 28/10 Eta
      258 words
    • 101 25 Scan Dutch tf TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) 1) MICHES 3) LONDON ,)G SSSS£D) rH 4) HAMBURG TO RED SEA-MEDITERRANEAN CASABLANCA LISBON TO HONG KONG-TAIWAN-JAPAN-CHINA* SINGAPORE HONG KONG FEEDER VESSEL P. KELANG PENANG mm R. D«^a/X6 1 Swu/375 mSf FROM JAPAN-TAIWAN-HONG KONG VESSEL I BUSAN KOBE NAGOVA SMIMIZU TOKYO HKG S
      101 words

  • Page 26 Advertisements
    • 196 26 ACCEPTING CARGO (LCL A FCL) FOR: DAKAR, FREETOWN. MONROVIA, ABIDJAN, TEMA, LOME. LAGOS A DOUALA Singapore Aprils HAKKI SIMI DARBY SHIPPING Pit III) Id S3*>loBB 535?3?6 lEO SHIPPING AGENCIES PTE LTD TEL: *****29 (6 Lines) Th: RS ***** NEOSHP FCL/ Conventional VESSEL ETA DESTINATION A Vessel 18/9 Bombay A Vessel
      196 words
    • 201 26 f K& S LINE JAPAN STRAITS SERVICE let 0 SI 1 r CORMORANT BULK CARRIERS > VANCOUVER B.C. CANADA MDONESIA/ USA MO CANADA NEST COAST CONKNTWML SERVICE iommc for vmcouvo 0.c.. oiwha NRW.HU SANM NCTORT 11-12/12 15-It/12 21 23/12 ona lomms ran omct Mwcaen MDONESM/ MM CONVENTONAL SERVICE LOAOMC FOR
      201 words
    • 388 26 Mitsui OS K Lines. Ltd CONVENTIONAL/SEMI-CONTAINER morning grace AFRICA MARU PIKE BANK WEST AFRIC ANDES MARU EARNEST VENTURE KRITI GOLD HIMALAYA MARU 20 Sept Mombasa. Daressalam 26 Sept Port Louis. Reunion 3 Oct Mombasa. Daressalam, Tanga 19 Sept Apapa. Port Harcourt, +Warri 18 Sept P. Noire, Abidjan. Buchanan. Monrovia Apapa.
      388 words