The Business Times, 23 July 1987

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, JULY 23, 1987 75 CENTS
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  • 194 1 Overaoae markets Wadnaadoy HK Hang Song Indox 3380.41 26.63 Tokyo Nikkoi Avorago *****.74 (-375.62) Sydnoy All-Ordinarta 1961.4 (-11.9) Tuwdoy Now York (Dow Jonos) 2467.95 (-19.77) London (FT 30 Indox) 1872.0 (-17.6) Exchange rales THE S$ yesterday closed stronger at 2.1180/90 (2.1215/25) against the US$ in the forex
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  • 138 1 A WAVE of heavy selling in the late afternoon caused share prices in Singapore to fall across the board as more rumours surrounding First Capital Corp hit the market. Profit-taking wiped out most gains made earlier in the day. Declines led advances by about two
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  • 425 1  -  By LISA LEE PROPERTY-BASED Hong Fok Corporation has finally signed an agreement for the re-structuring of its $55-million syndicated loan from 11 financial institutions led by DBS Bank and Overseas Union Bank bringing it closer to its long-awaited re-listing. According to the company's
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  • 680 1  -  Both parties drop legal action By ELAINE KOH THE 30-MONTH LEGAL BATTLE between the owners of Goldhill Square and the United Overseas Bank group has been resolved, resulting in one of the largest property deals in recent years. Goldhill Square, the 32-storey commercial block at
    680 words
  • 465 1 Reuter ASIAN nations yesterday labelled a US Senate trade Bill as protectionist and hinted at retaliation if it became law. "It is the worst trade Bill I have ever seen,'* said a Korea Foreign Trade Association official. "It will damage
    Reuter  -  465 words
  • 374 1  -  •y LEE HAN SMHIH AFTER A TWO-DAY suspension, trsding in First Capital Corp (FCC) shares is likely to resume today, amid widespread rumours that one or more of its directors may be involved in official investigations. Breaking a one-and-a-half-day silence. FCC announced
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  • Page 1 Advertisements
    • 145 1 Cassette Receiver M 3 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****33 Kuata Lumpur Phone. *****33 Phone. *****5/*****1 Jakarta: Phone *****5 Full report, Fag* 14 Regional marfcata, Faga It World martate, Faga 17 x\ Vm /jT »t*y Ji^U tni-i n is /r Ifil x r# 4 FOR A
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    • 307 1 Mexico in dire straits? INFLATION in Mexico reached an all-time high last year at 106.7 per cent. Some business groups predict that it could hit 140 per cent this year and, if that happens, it could trip the nation into hyperinflation of the kind that has been ravaging Brazil and
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    • 10 1 Senate action points to strong support for Bill, Pag* 4
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    • 379 1 Rodenstoch Quality before your eyes UOB's bid: Decision today THE UNITED Overseas 'Bank group will know by today whether it is a step nearer to bringing Jha Industrial Commercial Bank into its stable. Last Thursday, UOB announced its purchase of 6.75 million ICB shares from its biggest shsrehoktor, Tai Sing
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  • HOME NEWS
    • 518 2  -  By GOH YEE LING GOOD HOUSEKEEPING at construction work sites can help reduce the number of accidents, says the Singapore Contractors' Association Ltd (SCAL). The majority of accidents at work sites involve workers who are struck by falling objects, workers who slip
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    • 161 2 THE MINISTRY of Community Development is inviting local artistes and cultural organisations to participate in next year's festival fringe, which will feature dance, music, theatre and performance art. As usual, the festival fringe will set the mood for the Singapore Festival of
      161 words
    • 133 2 THE SCIENCE COUNCIL is holding a seminar on research and development in manufacturing processes and automation in Singapore on Saturday, July 25. Jointly organised by the council, the Society of Manufacturing Engineers and the university's engineering faculty, the seminar will feature five speak- ers from
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    • 107 2 TWO NEW ENVOYS to Singapore presented their credentials to President Wee Kim Wee at the Istana yesterday. They are Mr Israel Eliashiv, the new Israeli ambassador; and Mr Michael Edmund Pike, the new British High Commissioner to Singapore. Mr Eliashiv, 56, served as the First Secretary and
      107 words
    • 472 2  -  By TONG SUIT CHEE THE CHIEF EXECUTIVE officer should be the spokesman in major crisis instead of the public relations officer. This comment was made by British lecturer and author on public relations. Mr Sam Black, at a seminar on
      472 words
    • 93 2 HERITAGE WEEK '87 was launched yesterday by Minister of State (Community Development) Mr Ch'ng Jit Koon. Speaking at the opening ceremony at the National Museum, Mr Ch'ng urged Singaporeans to take pride in their cultural heritage and to think about donating items
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    • 75 2 THE FINANCE MINISTER will be asked when Parliament sits next Tuesday whether the income tax relief for parents of handicapped children will be increased. Mr Lau Ping Sum (Member of Parliament for Yio Chu Kang) will also ask the Labour Minister for the number of Central
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    • 480 2 MEMO PAD Seminars and course* DURATION TITLE VENUE ORGANISER Aug 1 Type and Design Pavilion InterDatasearch continental Resources Aug 2 Getting Started in Century Park Business ond Small Business Sheraton Industrial Management Pte ltd Aug 2 Developing Century Park Business and Opportunities for Sheraton Industrial Small Business pte ltd Aug
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  • Page 2 Advertisements
    • 172 2 We take the weight upon our shoulder We believe that's precisely what a good agency should do. And that's why we're now all out to do a good job giving you prompt after-sales service, good availability of parts, wide range of weighing scales and machines for your choice... In short,
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    • 261 2 i i i r~i n —i i —r RRC TOUR BCSE/GCE BR PROFESSIONAL EXAM SUCCESS Study at home pass first time with The Rapid Results College ACCREDITED BY COUNCIL FOR THE ACCREDITATION OF CORRESPONDENCE COLLEGES Complete Home Tuition Service Self-contained courses specially prepared and regularly updated for GCSE/GCE '0' and
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  • ASIA – PACIFIC
    • 369 3 AP PRESIDENT Corazon Aquino signed a land reform decree yesterday covering all agricultural areas but leaving to congress the decision on how much property landlords could keep, a presidential spokesman said. Presidential Assistant Press Secretary Danilo Gozo said Mrs Aquino signed the proclamation
      AP  -  369 words
    • 258 3 Reuter THE US has urged communist North Korea to follow its southern neighbour on the path to democracy and start talks that could make the peninsula a model of international harmony. Assistant Secretary of State Gaston Sigur, the US government's chief policy
      Reuter  -  258 words
    • 334 3 Gulf war where the end hinges on the beginning Reuter DISAGREEMENT between Iraq and Iran on how to end a war in which more than one million people may have been killed or wounded stems in part from differences over how the conflict started. Iran's main demand for ending the
      Reuter  -  334 words
    • 190 3 FT BRITAIN, the US, Australia and New Zealand are waging a quiet but determined diplomatic offensive to dissuade Fiji from declaring itself a republic. Separately, but in a jointly agreed campaign, they have told Ratu Sir Penaia Ganilau, the governor-general who is running
      FT  -  190 words
    • 398 3 Reuter MALAYSIAN Prime Minister Mahathir Mohamad said on Tuesday that Britain should not make "carping criticisms" of his government's racial policies if it wanted relations between the two countries to improve. "It (Malaysia) is a multi-racial country because we were once
      Reuter  -  398 words
    • 88 3 UPI NEW ZEALAND Defence Minister Fraser Col man on Tuesday denied a claim by a former defence chief that a ban on nuclear ships was calculated to end New Zealand's membership in an alliance with the United States and Australia. Mr Colman said former Chief of
      UPI  -  88 words
  • Page 3 Advertisements
    • 58 3 GORDON WAREHOUSE BUILDING J -J.:- VALUABLE WAREHOUSE SPACE FOR SALE Strategically located junction Airport Road/Eunos Link G Easy access to Pan-Island Expressway Ample labour supply close to Kallang, Aljunied, Macpherson and Ang Mo Kio estates Size of units from *****88 65 Chulta Stree* #39 05/06 Call the Sole Agents to
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    • 147 3 Picking up *M ptocM alter Um coup, Pag* 11 reaching manhattan presenting his plan resolving the problems convincing the board concluding his deal winning the day he carries the CHASE PREMIER VISA rv* m <k m i •k 1*- t J. f, Vi > WS4 i-f'M-!'F\,r VI 1 <"f! J
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  • Page 3 Miscellaneous
    • 90 3 Adelaide Amsterdam Athens Bahrain Bangkok Barbados Beirut Belgrade Berlin Bermuda Bonn Brisbane Brussels Buenos Aires Cairo Colgary Canberra Caracas CMcogo Cop*hogen Darwin Dubwi 15/04 Fine 19/12 Cloudy 41/24 Clear 39/31 Clear 35/26 Clear 30/24 Cloudy 31/21 Sunny unav 34/23 Clear 23/15 Rain 29/25 Cloudy 21/10 Showers 19/06 Fine 18/13 Cloudy
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    • 46 3 Doonesbury itADKsr BECOMC* TUB CONsummate &o.p owdootb. S>v f 4* A wy /p, yip, J YIP,YIP,YIf> Veer AM! SM-NA-NA-NA-SHA... HE ft AT ONCE. DEFENDER OF THE FAITH... ...ANDOPPORTUNITY FOR ALL AMERICANS -UNITE AND BLACK, OCH AND POOR, MJHfTB AND RICH' m i mi BY GARRY TRUDEAU
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  • REST OF THE WORLD
    • 608 4 UPI THE SURPRISINGLY strong vote by which the Senate passed the trade Bill has sent a bipartisan message to President Ronald Reagan that Congress wants trade legislation this year, supporters say. "It certainly shows strong support for the Bill in
      UPI  -  608 words
    • 161 4 Reuter SOUTH AFRICA'S real economic growth rate this year is likely to fall short of the government's target of three per cent in spite of the authorities' expansionary fiscal and monetary policies, economists predict. A mood of optimism, fuelled by a buoyant gold price in the
      Reuter  -  161 words
    • 121 4 Reuter A COMPUTER company manager stood on a busy London street on Tuesday and sold to passing motorists copies of Spycatcher', a secret agent's memoirs banned for publication in Britain. Straddling a lane marker, Mr Michael Mavin, 28, told reporters he sold 30 books for £1,500
      Reuter  -  121 words
    • 545 4 FT THE DISPUTE settlement mechanism of the General Agreement on Tariffs and Trade ought to be backed by a mandate to slap sanctions on countries found to violate trade rules, according to the man leading the effort to coordinate European and American
      FT  -  545 words
    • 450 4 FT THE FRENCH conservative government has decided to cut for the second consecutive year the budget of the Industry Ministry by 9 per cent to" 25.7 billion francs next year from 28.7 billion this year. The industry budget this
      FT  -  450 words
    • 484 4 Reuter ALAN GREENSPAN. President Ronald Reagan's nominee for Federal Reserve Board chairman, has signalled that he would maintain Paul Volcker's slight curb on money supply growth and says a US recession is not in sight. Mr Greenspan on Tuesday confirmed policies that
      Reuter  -  484 words
    • 299 4 NYT THEY SLEEP in bunk beds and on futons. Some use corners of rooms for storage. There is often a line to use the one bathroom. A shelter tor the hometeas? No. tt is a one-bed-room apartment in mWtown Manhattan that is the
      NYT  -  299 words
    • 778 4 ARRIVALS Operator Sarwfo* i CPA number CX710 1015 fCGK MAS MH603 1020 GU GA975 I05S; CDG/AUH MA M421 1100 8WN GU GA960 1100 CGK SU SOI 05 1105 KUL SU SO 301 1145 CGK SIA SOI91 I1J5 PEN SU SQ83 1240 MNL CAAC CAWS 1150 HAK THAI
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  • Page 4 Advertisements
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    • 59 4 fI 1i \I Jf Irl If The business person's choice, every I I II I II I Tuesday. Thursday. Saturday and I 1 I II f Sunday. Leaving Changi Airport ot X X 22 05 hours and arriving at Lester B Pearson International Airport the following day Call your Travel
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  • Page 5 Advertisements
    • 307 5 Hopefully, information technology will be commonplace a decade f rom now. In the meantime. here's an example of how it can boost our economy: Introducing the new Mercedes-Benz S~Class. ®When you turn the ignition key of your new S-Class in the morning, something remarkable happens under its gleaming bonnet. Its
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  • COMMODITIES
    • 329 6 Bernama MALAYSIA has asked for Britain's assistance to get the European Community (EC) member nations to raise their import quota for its plywood. Trade and Industry Minister Datin Paduka Rafidah Aziz said in London on Tuesday that the present EC quota
      Bernama  -  329 words
    • 65 6 THE MARKET yesterday was quiet and nervous on all products except naphtha as traders awaited news from the Arab Gulf. US$/borr«l Otang* Dubai (Aug) 18.18 -0.07 W«r Texas WTI (Aug) 21.78 -0.47 Products (FOB S'pore) USS/barrel OtOMV* Kerosene 7X60 0.20 GOMM 2l.t5 -005 WuyMd LSWt 19.35 MA
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    • 149 6 THE PRICE of Ik or In Kuala Lumpur Tin Market feN two cents yesterday to doee at MtllOS a kg In moderate tradbig. The fall, aller a one cent drop on Tueeday, waa attributed to a larger dlopooal of 10t tonnes by so Hers at the opening. Buyers
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    • 230 6 SINGAPORE The market cloeed firmer yesterday with August One RSS buyers quoted at 216.25 cents a kg, up one cent from Tuesday. The morning session gained one cent on covering of nearby positions but trading was thin. Prices hovered around lunch-time levels in quiet trading due to lack of
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    • 83 6 (cants/kg. 1-ton pg|§||) AUGUST 87 SEPTEMBER 87 (currant month) (forwor d month) RAS NOON NOON Man laytn •-M SSI 30 189 JO 191JON 188 JO 190 JON ss* so 18*40 189.00N 187.00 188.00N 1" 1 -HI Buy«rs Stwtn w/ytn 5#H#n SMI CV 268JO 270J0N 269JO 371 JON
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    • 296 6 RAS prices kiMMi.FOii.bM NOON CLOSE Buyers r->i Ivysn knf 1 RSS Prompt 218.50 219 JON 218.25 219.25N Int 1 RSS Aug 87 216.50 217.00 216.25 216.75 In* 1 RSS Sep 216.25 216.75 216.00 216JO Int 2 RSS OP 212.00 214.00N 212.00 214.00N Int 3 RSS OP 207.00
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    • 274 6 Chimic Product Exchange Sotoci' noon dodng pricn on My 22 (SS/100 kg) Coconut oil Wk FOt 97.00 OW drum FOt 107.00 Now drum FOt HIjOO Copra Ml*«d (looao) 58 Pepper Mumofc fOt NLW 1140X0 Sorowok «Ml* FOtfaqHW 1125.00 Sarawak tpodal Mack FOt NtW 9354» Sarawak Asia Modi FOt
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    • 414 6 closed easier yesterday on I"*.™- 06 Th* tow prices were in line with the ••nttment in the US. The market, which opened tower, also aaw a below expectation turnover of 471 lots from 566 on Tuesday. Spot month August Shed Msl to ctoee at M 5676 September was
      414 words
    • 185 6 SOYBEAN FUTURES on the Chicago Board of Trade closed B'/i to 13'/» US cents per bushel lower on Tuesday, with November settling at U555.22, near the bottom of a 13'/i-cent range. The rains that moved through the Great Lakes region overnight gave rise to speculative long-liquidation in new crop
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    • 191 6 WHEAT FUTURES on the Chicago Board of Trade closed on or near the lows on Tuesday, down four to 2'/» US cents per bushel in diminished trade. December posted a 454cent range on the day and settled at U552.67, the lowest close since early March and down 50 cents
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    • 221 6 1 London Commodity Exchange por®nft^sij Coffee ftosh in-storo London, toftors option OF London My 1200/1205 High/low (1218/1220) 1215/1200 S*P 1223/1226 (1245/1248) High/Low 1244/1224 Solos (2296) Cocoa My 1374/1376 High/Low (1393/1396) 1377/1363 s*p 1354/1355 Mgh/low (1368/1369) 1366/1338 Solo* (5125) Sugar No 6 FO» (USS/tonno) August 134 J/135.2 High/Low 141.6/135.2
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    • 297 6 HONGKONG: The metal closed firmer yesterday in active and cautious trading on strong buying interest. Traders continued to build positions amid increasing tension in the Gutf as two Kuwaiti tankers had reportedly set sail into Strait of Hormuz. Bullion ended at US$454.10/60 an ounce against New York's US$452.70/453.20
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  • Page 6 Advertisements
    • 106 6 A BRAND NEW HYATT. A WHOLE NEW FEELING. I hcrc\ .i \v hoi c new feeling at Hv att Regency 1 long since the entire hotel has been hillv renovated. Since everv detail has been polished to perfection, and new amenities graciously appointed Hxjvrience elegance as never before. Exquisite cuisine,
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  • BANKING AND FINANCE
    • 968 7 SINGAPORE: The US dollar closed firmer yesterday against the yen but slightly lower against major European currencies in moderate but nervous trading. The dollar roee above 152 yen and 1.86 marks soon after midday on speculative buying due to rumours about a possible blockade of the Straits of
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    • 91 7 Treasury bills Poriod Issu* Yofrdoy'i ck Ming Day's cod* Maturity MD C ym* MGH LOW 3 mumlw #Q*****A 22.10*7 34)0 190 6 momht BS*****Z 21.01.S8 3.10 3.00 103 34)1 1 yar BY*****S 30.06J8 3.15 2M 3j07 3A5 Government nc >tes and fa ondi 1 B t 1
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    • 174 7 ewplrt^to«dtog^r2Ks 12 major banks In S'por* imon> 1 1 a Mm (offer/bid) on July 22 us$ DM SWFC Yan 7 4myt J/4 J/i «7/« 3 7/3 3 3/4 I3/I-II/I 3 7/1* > 1 3/4 3/3 1/1* 13/1* 3 13/1* —3 13/1*3 13/1*— 11/1* 3 7/3 3 3/4
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    • 60 7 THE OVERNIGHT rate on the Singapore interbank market was down VI point to close at 2'/» per oent yesterday. The one. two and three month term rales remained unchanged. S$ htfbanl t rates at 7 pm ywi waay: arm rw. MD 2 l/J 7 1/4 4 17/1 2-MM*
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    • 277 7 Asian market ASIAN DOLLAR deposit rate» closed steady at opening levels in thin trading yesterday. Operators remained concerned over the situation in the Middle East following speculation of a possible blockade of the Straits of Hormuz. The market was waiting for the release of US June CPI. There were rumours
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    • 521 7 SEPTEMBER laredollar gapped down at 92.78 yeeterday from previous daee of 82.84 on Tueeday night's rumour of a larger-than-ex-pected consumer price index (CPI) figure. Although the technical outlook waa bearish, the September contract managed to pick up from low of 82.76 to 82.81 as market participants awaited the CPI
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    • 602 7 Provision for doubtful debts the main factor Reuter AMERICA'S BIGGEST BANKS posted staggering second-quarter losses on Tuesday, after raising their reserves for bad loans to reflect the likelihood of recovering all the money lent in past years to Third World nations. In an
      Reuter  -  602 words
    • 363 7 Reuter VOLATILITY in currency futures, which has been lacking for the pest few weeks, may resume as the trading climate heats up. analysts say. Paramount among the events giving rise to increased tension is the Mid-East Gulf situation. Any sign of conflict involving
      Reuter  -  363 words
    • 188 7 Reuter CREDIT LYONNAIS expects to have its debt rating upgraded quickly again to AAA. following Monday's announcement by Moody's Investors Service that it was downgrading the bonk to AA-1, while leaving the ratings for two other major French bonks unchanged. Credit
      Reuter  -  188 words
  • Page 7 Advertisements
    • 80 7 the3%hm > Is u» t k, /JiJiiil Relish in an assortment of delectable dishes as you embark on a gastronomic journey along the Rhine. Authentic and sumptuous dishes from the Rhineland are served at the Baron's "Table. For lunch and dinner from July 7 to July 26. A must for
      80 words
    • 126 7 THE FEDERAL SINGAPORE HOTEL For Sale By Tender pii &i= 1 m B iiiiii 111 scons Shaw Shaw House centre The Federaf Singapore road 31iliSlMESSi Goa&mtad PMHami The Federal Singapore, a newly-completed, high quality-finished 255-room deluxe hotel built on freehold land on Scotts Road. Facilities include restaurant coffee house, bar
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  • FOCUS
    • 1430 8  -  UOB is poised to leapfrog over OCBC to become the second largest local banking group in Singapore in terms of shareholders' funds. The second stage of its takeover bid for the Industrial Commercial Bank is expected to be completed today,
      1,430 words
    • 1667 8 THE ICB story is a familiar one, making yet another entry in the history book of Singapore business: enterprising man builds up business empire; sibling rivalry a generation or two later breaks it up. I The Industrial A Commercial 1 Bank was established in 1954 by
      1,667 words
    • 1094 9 First Capital Corp the deals and the financing THE CURRENT controversy surrounding First Capital Corporation has made many investors take, a closer look at the company where previously they were content to put in their money without so much as batting an eyelid. FCC yesterday denied that investigations by the
      1,094 words
    • 301 9  -  by Ramesh Chandiramani IN ANALYSING the future trend of First Capital Corporation shares, it is important to get a perspective of the stock s past history, and this is best done by looking at both the weekly and daily charts. In its old corporate form as
      301 words
    • 1270 9  -  Allan Ng Poh Meng and his listed vehicle First Capital Corporation are hitting the headlines again this time for unfavourable reasons. AMY BALAN of the Companies Desk profiles the man on the spot and examines the deals he put together in his six months
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  • Page 8 Advertisements
    • 125 8 TRAVEL IS PARI OF OUR TRADITION f v 'it ?.i< •%< Kngnwll THAT'S WHY WE ARE PROUD OF OUR PUNCTUALITY RECORD. We've a lot to be proud of at Saudia and high on the list is our record for punctuality. Last year an average of 922% of our aircraft, worldwide,
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  • Page 9 Advertisements
    • 174 9 SENSATIONALLY HYATT j v. <r i 4T m* r M T* > 1 7 *>, "T V 2? v Summer Sensations at the Hyatt It's party fjm© at the Hyatt. Whether you or© holding a birthday, anniversary, company annual get-together or a Run-Out-Date (ROD) celebration the Hyatt has just the
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  • PERSPECTIVE
    • 575 10 INDIAN Prime Minister Rajiv Gandhi is in a soup, and the soup is boiling over. Mr Gandhi insists that various unnamed foreign hands are stirring the poisonous concoction. The claim is nothing new. His mother, the late premier, Mrs Indira Gandhi, saw a foreign hand
      575 words
    • 1560 10  -  Mexican economy facing the spectre of hyperinflation The signs of inflation are everywhere In Mexico. Stores are raising prices, minimum wages are raised four times a year instead of two and the national airlines have raised their ticket prices. At the same time, the stock
      UPI  -  1,560 words
    • 579 11 AP TWO MONTHS after-Fiji's image as a South Pacific paradise was shattered by a military coup, the archipelago's economy is starting to rebound, but the political situation remains murky. Coup leader Colonel Sitiveni Rabuka, 38, still has not announced a date for new
      AP  -  579 words
    • 1283 11  -  Rising number of foreign engineering and science PhDs raises serious questions While helping the US maintain its lead in graduate programmes and sharpen its edge in research, foreign academic talent is however posing problems on other fronts. STEVEN SOLOMON reports from New York. STEVEN SOLOMON
      NYT  -  1,283 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • 1192 10 tf a ok© aaaoa m THURSDAY FEATURE SPECIAL Special Bulletin 10.30pm, Channtl 5 This is a shattering movie, presented as a special newscast announcing the threatened nuclear destruction of a town by a band of war protesters who demand the dismantling of America's arsenal of warheads. Ed Flanders, Kathryn Walker,
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    • 650 10 imwwm mmsma CRYPTIC PUZZLE ACROSS 1 It's not the whole game, just a bit (6) 7 Like one's usual riding gear (8) 8 New face in the catering business (4) 10 Where no robe is refashioned (6) 11 Like a night of carol singing? (6) 14 Some good days have
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  • Page 11 Advertisements
    • 341 11 What 2 years abandonment did to a Mercedes Benz. What 2 weeks at SAE did to the same car. m jtki £310 SR* -4*3* IF-*'*® Bb STANDOX Seven hundred and thirty days lying idle in a hotel car park is a trial guaranteed to test the mettle of any car.
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  • SPORTS & LEISURE
    • 403 12 AP IF IT IS not one record for Don Mattingly, it's another. But he rarely seems to know when he's making history. If the New York Yankees' first baseman isn't setting home-run records, he's setting records for extra-base hits. If it's not
      AP  -  403 words
    • 326 12 Reuter VERSATILE MOROCCAN Said Aouita looks sot to race over his Olympic gold modal distance of 5,000 m when ho compotos in the Rome Golden Gala athletics meeting. Aouita. who broke the world 2.000 m record in Paris last week, said on Monday that
      Reuter  -  326 words
    • 436 13 Reuter PAKISTAN'S cricketers have often been dashing though not always disciplined, but their captain Imran Khan believes he now commands a team of fighters who are in sight of one of their country's greatest prizes. Imran's side takes a crucial 1-0 lead into the
      Reuter  -  436 words
    • 130 13 Reuter NEW ZEALAND recorded one of the biggest Rugby League surprises of recent years when it defeated Australia 13-6 in Brisbane on Tuesday, its first defeat in 10 internationals. The scoreline did scant justice to the young New Zealand side's superiority in all sectors of
      Reuter  -  130 words
    • 630 13 Reuter IN THEIR OWN inimitable manner, Pat Cash, Boris Becker, John McEnroe and a contingent of Indian army commandos will add more than the usual degree of tension to the various Davis Cup outposts this weekend. After almost three weeks of television chat shows,
      Reuter  -  630 words
    • 487 13  -  Jrankly speaking.... WALTON MORAIS "THE SINGAPORE Sports Council has been concentrating on mass participation since 1973. I say now, why can't we go for gold medals?" With one fell swoop, Minister for Law EW Barker has added a new twist to the sport
      487 words
    • 218 13 UPI IN THE AMERICAN STATE of Indianapolis where basketball is king, tickets for taekwondo will be the toughest to find at next month's Pan American Games About 4,400 athletes from 38 Western hemisphere nations jpill compete in 30 sports at the Games, which opens
      UPI  -  218 words
    • 477 13 Reuter IRELAND'S Stephen Roche was deposed on Tuesday as Tour de France leader after only one day, and then admitted it would be hard to get back on top. Roche could finish only 15th on the 201-km 20th stage of the
      Reuter  -  477 words
    • 249 13 Reuter CHAMPION CYCLIST Greg Lemond of the US said on Tuesday that he will leave La Vie Claire-Toshiba, his French racing team, and will sign with one of several other European teams later this week. Lemond. the 1986 Tour de France winner, also said
      Reuter  -  249 words
  • Page 12 Advertisements
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      746 words
    • 201 12 333 Orrturd Road, Sangaporr 9923 "IH *****11 Sumpl Cafe Excelsior's uue cxceisKirs w DuwXUt Battel Lunch, at Cafe Excelsior, is now more exciting Our dlan xin selection couid J iJM wd be the ftnest in town. So, you get mora then just buns and dumpings. In fact, you get al
      201 words

  • Page 13 Advertisements
    • 385 13 &mm (Jbnlu r r %:a f Vr< I Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking a©
      385 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4346 14 SHARE PRICES cloaad lower on the Singapore stock market aa lata selling preaaure pared off gains made in steady trading in the early part of the day. At the cloee, declines led advances by 128 to 58 with profit-taking seen in both blue-chipa and
      4,346 words
    • 225 14 Rises c E Ufa 2090 f N 1220 Troeton 500 KaMMdry S*o»* 47* Jurong Eng 50* 454 S Staowhly 50* 272 HW»» 1130 Roflwwm Mate 965 •C 505 UOl 300 Ala. HUgt 50* 205 Ckaa M 414 M Cra* 374 OrMaol MUg« 324 Slrate Trodbig 505 MUI
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    • 4815 14 SECTION ONE MDurmuL COMMERCIAL Aemo (2 50 8 251 S) 142) 7(0 (121 29? 110 258 Mi 261 (8) 257 IS 257 00 256 (IS 254 1171 252 IS 255 OS 253 (261 250 1161 251 Aim* 081 Si 1141 080 (7) 080 A«al M
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  • Page 14 Advertisements

  • COMPANY NEWS
    • 602 15  -  "By NAJEEB JARHOM AN UMNO INVESTMENT ARM. the Fleet Group, has cleared out ot its direct equity holdings in Sistem Televisyen Malaysia (STM), operators of private television station TV3. Fleet's remaining 20 per cent stake comprising five million Msl shares in STM
      602 words
    • 295 15 MBT THE KUALA LUMPUR Stock Exchange (KLSE) has paved the way for the possible splitting of the marketable lots of 18 listed companies from 1,000 shares to 100 shares per lot. It is understood that the Malaysian Minister of
      MBT  -  295 words
    • 433 15 MBT MALAYSIA Mining Corp (MMC) is all set to enter the defence engineering business in a big way. A contract to convert 183 petrol-powered armoured vehicles into diesel-powered vehicles is expected to be signed between the Malaysian Ministry of Defence and MMC soon. The
      MBT  -  433 words
    • 263 15 Manog*rs' pete for JuJy 23 Singapore JnH Trust MAtA-Bumiputra >-» I Vo 7 «o Second 1 pu~o 674 7*5 679 The Co—W 1 131 8 px"a 512 417 The Savings fund 1 06 1 12 fourth pt/t'O 6 18 623 Spore hog Fund Oil S'pore Sec fund S
      263 words
    • 110 15 Bernama ES KAMUNTING TIN DREDGING (M) Bhd has said that the proceeds from the sale of its dredge number five will be kept in interest-bearing instruments pending redeployment into viable and profitable businesses. The company, in reply to a Kuala Lumpur Stock Exchange query, said
      Bernama ES  -  110 words
    • 524 15 LAST FULL YEAR Compony Period Date Yeor Net EPS Groa Net announced tndinQ (cents) <*v profit last yeor ($-000) Fed Cables Interim Jun 87 6.1751 (i) S J Amal Interim Dec 19 Mar 86 73 527 Tatek Cement Interim Mar 18 Jun 87 116 150 17.356 Talam Corpn
      524 words
    • 556 15  -  Costs awarded to defendants By ROSIE TAN A SUIT filed by a Kuala Lumpur firm against Pahang Investments PLC and some of its directors for issuing forged share certificates in its associate company has been struck off by the Kuala Lumpur High Court.
      556 words
    • 650 15 MBT TDM BHD is looking at new areas for diversification to help turn around the company and enable it to pay dividends again, managing director Datuk Abdul Rahman Hamzah said yesterday. He said he was hopeful the company would be able to declare dividends
      MBT  -  650 words
    • 181 15 Bernama PROPERTY-BASED Metroplex Bhd has entered into an agreement to acquire 25 per cent of the issued share capital of KAF Securities Sdn Bhd for M 510.5 million. KAF Securities, owned by Tan Sri Kamarul Ariffin, is an investment holding company with its
      Bernama  -  181 words
    • 179 15 Bernama ES SHAREHOLDERS of Federal Flour Mills (FFM) and Rasa Sayang Beach Hotels (Penang) (RSBH) have been advised not to take any action yet on the general offer by Perlis Plantations (PPB) to the two companies. In circulars to
      Bernama ES  -  179 words
    • 275 15 MBT UNSECURED creditors of Emporium and Supermarket Holdings Bhd, numbering about 4,500, are expected to obtain a repayment of between five and 10 cents to the ringgit following the sale of the company's 31 outlets in Malaysia to Amalgamated Steel Mills (ASM), industry sources
      MBT  -  275 words
  • Page 15 Advertisements
    • 76 15 Japanese Restaurant Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we arc glad to offer you 6 different sets of Japanese lunches. Priced at only $16++ per set, they are easy to
      76 words
    • 168 15 BUILDING MATERIALS STONE CARVING HANDICRAFT ARTICLES FAIR Of CHINA NATIONAL METALS A MINERALS IMPORT A EXPORT CORP., GUANGXI BRANCH 1987 Venue: Mandarin Hotel, Reception Hall, sth Floor, South Wing Date 22nd 27th July, 1987 i Time 11.00 am 9.00pm This is your chance to see the wide range of building
      168 words

  • REGIONAL MARKETS
    • 3774 16 EXCEPT FOR THE property section, losses were littered virtually across the board amidst lacklustre trading conditions in the Kuala Lumpur stock market yesterday. The re treats were, however, mdstly below 10 sen. Properties took centre stage as interest appeared to have shifted to these
      3,774 words
    • 484 16 Boost from property market, say analysts Reuter WHARF (HOLDINGS) Ltd has benefited from the booming Hongkong property market and will probably show a 25 per cent or higher increase in profits for the year ended March 31, according to Hongkong stock analysts. They said the
      Reuter  -  484 words
    • 331 16 Reuter THE BOMBAY Stock Exi change (BSE) is set for recovery after last month's market crash, according to Mahendra Kampani, the I newly elected exchange president. However, the government has still to agree on long-term measures to i avert the recurrence of further steep declines.
      Reuter  -  331 words
    • 90 16 Reuter MARINE MIDLAND Banks Inc (MM) chairman John Petty and president Geoffrey Thompson have resigned from the board of Hongkong and Shanghai Banking Corp. The two men resigned to avoid possible conflict of interest after HongkongBank's bid of US$7O a share for all the
      Reuter  -  90 words
    • 505 16 TOKYO: Prices plunged in thin trade yesterday on general fears that the market will fall further, heightened by mounting tension in the Mideast Gulf. The 225-share market index fell 375.62 points to 22,702.74, after rising to 23,204.45 in the morning and falling to 22,646.35 late in the day. The
      505 words
    • 512 16 HONGKONG: Share prices closed firmer near the day's highs yesterday mainly on late buying interest. The Hang Seng Index rose 26.63 to end the day at 3,380.41 after toeing some nine points initially. The Hong Kong Index r v*e 23.00 to 2.196.83. Turnover was HKSI.27 billion. Brokers said after
      512 words
    • 127 16 JULY a WON Ch«il Sugar ***** ♦800 Dae ind ***** -450 Daewoo Corp ***** -400 □••WOO HMVy ***** -350 Daishm Securities ***** •600 Dong Ah Pilar ***** 250 Dong Suh Stock ***** -400 Dongbu St«*l ***** -390 Got<3 Star ***** -290 Haoil Bank 9000 100 Ha nil Ctrmm *****
      127 words
    • 42 16 Marstftei Oriental B Pfwl Overseas Ptiile* B Picoc B 015 032 001 *0005 -001 00« PLOT 762 SO -2 b San Miguel B 236 0 0575 1 Si me Darby Surigao Con B Usipnil Vulcan 43 Ml 026 -001 ***** urtch
      42 words
    • 292 16 JULY 22 NT All Sincara Indus Asia Camant Camay Con# Chang Hwa Bank Ch«ng Loong Chia Hsin Camant Chin Hain Flour China Cham China Dav China Elact Wire China Gull Plas China Ratoar China Slaal Chung Hwa Pulp Chung Shing Tax 4 19 50 50 71 00 101 50
      292 words
    • 207 16 AP TAIWAN'S national carrier on Tuesday ordered commercial airplanes from the Boeing Co worth US$l.O2 billion the largest single purchase of US goods ever made by the Asian country, officials said. China Airlines will buy six ad-vanced-technology Boeing *****0 super jets, with delivery of the
      AP  -  207 words
    • 466 16 SYDNEY: Share prices closed weaker yesterday as widespread profit-taking gathered momentum in reaction to negative signals from offshore overnight Selling was spread across a broad range of stocks in a continuation of the fall that began yesterday after a four-session advance to record highs, they said. Firmer bullion prices
      466 words
    • 162 16 Reuter BANGKOK: The Securities Exchange of Thailand Index edged up 1.67 to 350.74 on a turnover of 3.940.640 shares worth 492.94 million baht. Reuter JULY n •ANT +b Ao Kham Thai Ayudfiyi Invaatmaf Bangkok Agro-tnd Bangkok Bank Bank Of Ayudhya... Charoong Thai Wit 4 CaMa 366 160 ...363 ...326
      Reuter  -  162 words
  • Page 16 Advertisements
    • 432 16 NOTICES SALE TILNEY SERVICES (SINGAPORE) PTE LTD (In Members' Voluntary Windlng-Up) LIQUIDATOR'S OFFICE: 11 Collyer Quay #12-01 The Arcade Singapore 0104 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies' Act, Cap 50. that the Final Meeting of the Company will be held at
      432 words
    • 187 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 80 AND IN THE MATTER OF MARINE SEPARATORS PRIVATE LIMITED (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN in pursuance of Section 308(1) of the Companies Act, Cap. 50 that a final general meeting of the abovenamed company will be held at
      187 words
    • 11 16 >1/1 r 9 W lanage BT shows you how every Monday.
      11 words

  • WORLD MARKETS
    • 1062 17 New York Reuter WALL STREET refocused on inflation and interest rates on Tuesday and did not like what it saw. A rumour that June consumer prices, scheduled to be reported yesterday, will be higher than expected, and concern over further credit tightening by the Federal Reserve
      Reuter  -  1,062 words
    • 999 17 London Reuter EQUITIES MOVED AHEAD towards the official opening yesterday, with dealers noting selective institutional buying of major issues. Volume was not particularly heavy, however. Dealers said buying which appeared late Tuesday afternoon was spilling over to yesterday, and there was some evidence that a "buy programme"
      Reuter  -  999 words
    • 1164 17 Selected Indices HONGKONG Hongkong Index Wednesday *****3 Tuesday *****3 Week ago *****0 Hang Seng Index Wednesday 3380 41 Tuesday 3353 78 Week ago 3262 30 All Industrials Wednesday Tuesday Week ogo NEW YORK Dow Jones Tuesday Monday Week ogo 2KI3 2629 5 26TI9 2467 95 2467 72 2481 35 TOKYO
      1,164 words
    • 105 17 Reuter THE UK Parliament approved legislation last night for building a rail tunnel under the English Channel to link Britain with France and the rest of continental Europe. Passage of the Channel Tunnel Bill clears the way for the £5-billion pri-vately-funded project, as approval
      Reuter  -  105 words
    • 554 17 Plans to raise £1.5b through share sale Reuter BRITISH PETROLEUM CO PLC's plan* to raise £1.5 billion through a sale of new shares to the UK government looks set to keep the company on target in reducing its debt levels. In
      Reuter  -  554 words
    • 603 17 Reuter MAJOR NON-UK securities firms are already considering how to circumvent some of the capital adequacy rules spelled out last week in an agreement between the Bank of England and the UK Securities and Investments Board (SIB), industry sources said. Officials at
      Reuter  -  603 words
    • 421 17 Reuter ONE OF America s largest paint makers, Standard Brands Paint Co. has racaivad a US$3OB million takeover bid from an affiliate of Chase Corp Ltd, a prominent Now Zealand development firm. The unsolicited offer by Entregrowth International Ltd sent the stock of Standard Brands
      Reuter  -  421 words
    • 189 17 Reuter LIBERTY LIFE Association of South Africa Ltd has right of first refusal to buy Standard Chartered PLC s stake in Standard Bank Investment Corp (Stanbic) but Standard had not made any formal approach, says Liberty chairman Donal Gordon. He noted press
      Reuter  -  189 words
    • 80 17 AP NIPPON STEEL Corp. Japan's largest steel maker, has signed a contract with Inland Steel Industries Inc of the US to build a coldrolled steel sheet producing plant in Indiana. Under the contract, the joint venture company l-N Tek Corp was established in the outskirts of
      AP  -  80 words
    • 370 17 Reuter TEXACO INC has received a letter from 9.6 per cent shareholder Robert Holmes a Court, urging Texaco management not to settle hastily its 10.3-bi 11 ion-dollar legal battle with Pennzoil Co. "I wish to reaffirm that we have no desire or intention to
      Reuter  -  370 words
  • Page 17 Advertisements

  • 461 18  -  Former Ka Wah director returns to Hongkong to face charges By ELAINE KOH FORMER DIRECTOR of Ka Wah Bank, Datuk Low Chang Hian, decided to follow his brother s action and voluntarily returned to Hongkong last night to face 75 charges of fraud,
    461 words
  • 251 18 Bernama MALAYSIA has been able to achieve a turnaround in the economy because the government did not panic or devalue the currency or renege on its debt payment during the economic downturn, Datuk Seri Dr Mahathir Mohamad said yesterday. The Malaysian Prime
    Bernama  -  251 words
  • 120 18 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba said yesterday that the government was looking into the national economic recovery plan submitted to it by the Youth wing of the United Malays National Organisation on Sunday. He said that the plan was be- ing
    Bernama  -  120 words
  • 165 18 Reuter OPEC DOES NOT need to consider raising oil prices until its next regular meeting in December, in spite of the crisis in the Gulf, Indonesian Mines and Energy Minister Subroto was yesterday quoted as having said. He told the
    Reuter  -  165 words
  • 177 18 UPI SOUTH KOREA'S ruling and opposition parties yesterday reached an agreement about the holding of negotiations to amend the constitution and introduce major political reforms. Secretary-General of the ruling Democratic Justice Party Chung Suk-Mo and Kim Eyoung-Bae, his counterpart at the Reunification Democratic
    UPI  -  177 words
  • 497 18 Reuter IRAN YESTERDAY repeated a warning that its response to "fire-kindling" in the Gulf would not take into consideration what flag was being flown by shipping. "Any continued fire-kindling in the Gulf will be decisively answered. As has
    Reuter  -  497 words
  • 418 18 Bernama THE NINTH Asean-Japan forum began in Malacca yesterday with Asean telling its biggest trading partner that there was a growing feeling that Japan had not adequately met its request for greater access to the Japanese market. At the meeting,
    Bernama  -  418 words
  • 211 18 Bernama ES THE BRUNEI Malay Chamber of Commerce and Industry is inviting businessmen from the other five Asean nations to invest in the country. BMCCI first trade secretary Malai Hamid bin Malai Mashur said that Bruneian businessmen were willing to establish
    Bernama ES  -  211 words
  • 74 18 Reuter BRITAIN'S trade balance plunged into deficit in May as free-spend-ing consumers snapped up imported goods and their spending boom is raising fears that higher interest rates could be on the way. analysts in London said yesterday. Sterling and British share prices slumped within minutes of
    Reuter  -  74 words
  • 91 18 Reuter US CONSUMER prices rose 0.4 per cent in June, due largely to higher prices for energy and food, the government reported yesterday. Excluding food and energy, the consumer price index (CPI) increased 0.2 per cent, the Labour Department said. The report was in line
    Reuter  -  91 words
  • LATE FILE
    • 51 18 Bernama ES MALAYSIA, the third largest exporter of semiconductors in the world, is well-placed to tap the anticipated transfer of electronics manufacturing to this region, said Deputy Prime Minister Ghafar Baba yesterday. He was speaking at the Internepcon/Semiconductor International Malaysia *87 exhibition in Kuala Lumpur. Bernama
      Bernama ES  -  51 words
    • 53 18 Bernama ES MALAYSIA'S population is expected to grow from 15.8 million persons in 1985 to 22.4 million in the year 2000. The latest population projections issued by the Department of Statistics yesterday show that average annual growth rates are expected to decrease from 2.8% in *****5 to
      Bernama ES  -  53 words
    • 32 18 Reuter AUSTRALIAN Premier Bob Hawke. re-elected tor an unprecedented third term 11 days ago, yesterday announced his new government. retaining all senior ministers but expanding some portfolios Reuter
      Reuter  -  32 words
    • 51 18 AP THE LARGE number of state-owned enterprises in China operating at a loss are threatening to overburden the state treasury. Lu Dong, Minister of the State Economic Commission, said that more than 7,000 enterprises operated at a loss during the first half of this year.
      AP  -  51 words
    • 54 18 AFP TWO Indonesian youth groups have been declared illegal for failing to conform to a law requiring mass organisations to adopt the state ideology as their sole guiding principle. The official Antara news agency yesterday named them as the Marhaen Youth Movement and the Indonesian
      AFP  -  54 words
    • 55 18 AFP INDONESIA has put its unemployment rate for last year at 8.55 million people, or just over 13 per cent of the workforce. They were either out of a job or had worked for less than 15 hours a week and could thus be classified as unemployed,
      AFP  -  55 words
    • 32 18 AFP SRI LANKAN Tamil groups yesterday welcomed Colombo's latest peace proposals to end the island's bloody ethnic strife, after detailed talks with Indian officials in southern India. AFP
      AFP  -  32 words
    • 35 18 Reuter UP TO 80 PEOPLE were killed and as many injured when floods and landslides burst the banks of a river, levelled houses and derailed a train in South Korea.
      Reuter  -  35 words
  • Page 18 Advertisements
    • 28 18 11 r »T?r M| V /v. ky mu/t" de artier fern "T* ~TT a member o» 6, Scotts Road, #01-16 Scotts, Singapore 0922 Telephone *****08 the MBM group
      28 words
    • 11 18 Stay off our race relations policy, Mahathir talis UK, Page 3
      11 words
    • 176 18 Gulf war whtra ttw »nd hinges on lh« beainnina Psm 3 WwV V Let's get you the Best Deal OffueSt^i 5.— i foi'uHewfot 'w -w. ■r I" 1 «i A InJudtrW 25^^' Very wide range to suit every budget Rentals from $20.00 per sq.m. 1.50 per sq.ft.) per month Our
      176 words

  • SHIPPING TIMES
    • 470 19  -  By LINDA CHEE THE ANRO consortium is res- tructuring its services in the Straits-Austrslian trade in a bid to improve and retain its comV petitive edge in the market. In mid-August it will introduce a fourth ship to its main service covering
      470 words
    • 167 19 AP TAIWAN will reintroduce a harbour tax on exports and reduce a tariff on imports to raise funds for port and harbour maintenance, government officials said. The officials, who refused to be identified, said the export tax would be 0.5 per cent
      AP  -  167 words
    • 99 19 Seatrade Week SOUTH KOREAN shipowners earned US$7O6 million in the first four months of this year, an increase of 10.7 per cent our the equivalent period last year. Statistics from the Korean Shipowners Association also show that freight earnings from exports jumped 26
      Seatrade Week  -  99 words
    • PORTSIDES
      • 72 19 AMERICAN President Companies has appointed Mr Michael Uremovich as vice-president, marketing, replacing Mr Jack Edwards, who has moved over to •tel. In his new position, Mr Uremovich will develop service packages that may encompass multimodal moves by ship, rail and truck, as well as proprietary information
        72 words
      • 68 19 EDINBURGH TANKERS, formed recently under a British tax-relief scheme, has appointed Ben Line as agents in Singapore. Ben recently provided services to the 153,000-dwt tanker, Edinburgh Talla. when it made a brief call at Singapore on its way to Inchon, South Korea. The 1977-built tanker which the
        68 words
      • 80 19 Fairplay CLASSIFICATION society Bureau Veritas has joined with a group of French companies, including Alsthom's Chantiers de I'Atlantique, in a new joint venture by the name of Dipol (Development of Industries in Polar regions). The industrial group is supported by government ministries and headed by
        Fairplay  -  80 words
      • 58 19 CHINA has ordered a small cruise ship from the Teraoka Shipyard in Japan tor delivery early next year. The 100-passenger ship will be outfitted to luxury standards with 18 of the cabins comparable with the very best afloat. The ship, described as a VIP passenger vessel,
        58 words
    • 445 20 SINGAPORE SLIPWAY Engineering Company (Re) Ltd, a leading shiprepairer and builder of vesaels up to 7,000 dwt, is celebrating its centenary this month. The company, a member of the Keppel Group, was established on July 13, 1687, when a group of merchants
      445 words
    • 337 20  -  By Kingsley Wood THE 13 companies and groups which registered an interest in taking over Williamstown Naval Dockyard near Melbourne in April have now been asked to submit tenders. They are to make bids on the basis of acquiring a controlling interest
      337 words
    • 626 20 A6 Shpg V 5 ABC Container VKI 1 Accord Shpg VI 3 Africa Ocean X 2 Alltronj VII 3 American Tpt X 2/3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API M 2/3 Asa III 1 Asian Ocean VI Bolt-Canada line VII
      626 words
    • 180 20 Reuter SWEDISH LABOUR Minister AnnaGreta Leijon, concerned by an ongoing strike that has closed Scandinavia's largest port, Gothenburg, summoned public sector unions for talks on their right to stage walkouts, the government said. A ministry spokeswoman said the move was made to
      Reuter  -  180 words
    • 1190 20 FIRMER rates are reported for vessels carrying grain cargoes from the US Gulf in a generally rather subdued freight market shipbrokers said. Details emerged of a grain fixture from the Gulf to Lisbon at a lump sum equivslent to about US$B.25 basis 53 feet draught, while $12.75 was
      1,190 words
    • 173 21 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
      173 words
    • 191 21  -  Kingsley Wood AUSTRALIAN marine engineers have asked the Australian Council of Trade Unions to look at occupational health and safety standards aboard Australian ships. The Institute of Marine and Power Engineers said four areas were causing members concern noise and vibration,
      191 words
    • 610 21 Lloyd's List Reuter THE SOVIET UNION appears to have perfected a shipsale and purchase policy which is saving the country millions of dollars apparently in line with Mr Gorbachev's drive for increased efficiency throughout industry. Bold but secret approaches to Western owners
      Lloyd's List; Reuter  -  610 words
    • 555 21 Reuter TANKER OPERATORS in the Gulf are cautiously hopeful that Monday s UN Security Council resolution demanding s cease-fire in the Iranian-Iraqi war will halt attacks on their ships, at least temporarily. Iraq said its initial response to the motion was positive and
      Reuter  -  555 words
    • 219 21 The above information is compiled from date provided by the Singapore National Shipper's Council. ALL SURVEYS are conducted on July 13. Argentina Buenos Aires Normal operation. AuatraHa Brisbane, Melbourne and Sydney Normal operation. Chhttagong Waiting time of one to two weeks. Brazil Santos 40 vessels operating. Cameroon Douala
      The above information is compiled from date provided by the Singapore National Shipper's Council.  -  219 words
    • 289 21 AFP THE FRENCH container ship Ville d'Anvers will be reflagged and continue to sail to Kuwait in spite of an attack on the vessel by "unidentified" ships on July 12, its owners said. A spokesman for the owners of the Villa d'Anwi, the Nouvelle Compagnie
      AFP  -  289 words
    • 8532 26 seaßiima 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
      8,532 words
    • 537 27 AT CONVENTIONAL WHARVES veseei KEPPEL WHARVES B«rl h Arrival Departure Concord Furono K16 olongmda 2307/1800 Dooyong Harmony K32 oiongiada 25 07/2000 DoUot K36 oiongsado *****900 Equotor K22 oto-Tgsada 23 07/0200 For Eos' Mo* K3S oiongsado 2907/0600 Gookoro K'5 olongudo 24 07/0600 How Moru Koto Mot Kit nlongiada
      537 words
    • 782 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdiw FCL Arrival LCL movtmtnt Ship Voy dat«/tim« Operator cargo >ch>duli Location O Strength 53A 23.0787 1900 Mansfield F5A 0900-1100 J3 U jo m bora 4/87 2307.87 1900 S pore Shpg F5A 1000-1100 H6 Asia Star 60 23.07.87 1930 Kawasaki
      782 words
    • 125 28 Area/Port Viscosity CSTetSOC Density Q/ML at 15C Walsr Volume 0/0 Africa/Red 8u Jeddoh Durban Arabian Gulf 35/191 24/176 0.923/0.974 0.950/0.992 0.1/0.8 0.0/0.2 Ras Tanura Bahrain Europ* 154/190 168/183 0.947/0.950 0.976/0.978 0.0/1.0 0.1/0.1 Rotterdam Hamburg Le Havre Genoa Far East 31/504 33/427 41/439 182/369 0.956/1.010 0.944/0.992 0.937/0.987
      125 words
  • Page 19 Advertisements
    • 929 19 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Einma Harte is A WOMAN OF SUBSTANCE But what is the price she has paid'* Available at all good bookshops OOCL Cmbimi Ume NORIH AMERICA ATI ANTIC fXPRFSS (ROUND IHf WORLD ROUTING tBSm mmm agencies a*, tarn om •till* 200 Cumin
      929 words
    • 69 19 IKMDB SINGAPORE SLIPWAY Engineering Company (Pte) Ltd, a loading ship repairer and builder of vessels up to 7,000 dwt, is celebrating its centenary this month. P«9« II THE SOVIET UNION appears to have perfected a ship sale and purchase policy which is saving the country millions of dollars. Pag« 111
      69 words
    • 931 19 JV/VJ K r 'f* H«k S.E. Asia •part the West NiLAMOUS. TIUQIC dangerous AwtaMeataU Good Bookshop* j-\ Ay Goodßookßhopt 'J' l, es«- MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DAYS This week Anna Cloting Time CY 29/7 2300 MRS CFS 290 1300 MRS LA LIST M ANOERS 14 AXEL
      931 words

  • Page 20 Advertisements
    • 341 20 'wWxtAj^mmwL EUROPE/FAR EAST CONVENTIONAL SERVICE V®*- PT. of LDG DATES PT ki Akin SAN JIANG KOU Antwerp Sa.bd FT. KLANG ,A Ayil«-l»idrti«i)rwnh-linminfha»n 25-22/7 20/t WJYATIS Szczecin-Rostock 8-20/7 ?i* I"? Lusksck/Siczscin 13-25/7 yj TB« Bremen-Hamburg 22-25/7 2/9 Immingham-Hamburg-Antwerp 10-19/1 20/9 Further load/ discharging ports en route subject to sufficient inducement. Singapore
      341 words
    • 0 20 ~|"$==-'|$)/*&~!"}^]!<}^%*\{[:^
      0 words
    • 386 20 CHA RGEURS REUNIS f" m VjuiPif s j: F c jm in <j>' Optorg Shipping Pte. Ltd EL M A LA RIOJA 27/7 CATAMARCA II jm ir a z DM) C. TMI HIO 12* H/B 27/B 12,1 1M Santo. I'nta B Aim 2M V> Kl M IM 1V» »fl i/io
      386 words

  • Page 21 Advertisements
    • 845 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd PKfTWT P&O iUIUUL Containers Limited KITANO MARU LANGS BAY KURAHA HARU KMAVON TOLAGA MT TOKW EXPRESS CITY OF COtMUNH FRANKFURT EXPRESS OSAKA MY Abo Accepting Cargo For: Haulm to fipi»hi»ii, Atrftut. Gethankurg, Hm. Mtor«M It Antwerp «—Mm, Otle SERVICE FROM UK/COWTiENT:
      845 words
    • 583 21 NOTICE r «i TT*f I J MV "LUNAR RAINBOW" V.02 ARRIVED 10/7/87 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a General Survey will be held on 24th July 1967 (Friday) at Keppel Wharves U.C.B. (Unclaimed Cargo Section) Block 39 from 0900 hours to 1300
      583 words
    • 44 21 H EUROPE MED B! c MM USA/PANAMA ef i«7 am n.n an EF 7H |isn iua 11 JI B7M lan 24M an 711 1717 2117 Hl7 mm nm iui un w* m iin tin an NIMMn 17.H lUI ■in: c I Kirl rail FX
      44 words

  • Page 22 Advertisements
    • 366 22 S3 CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Uoyd ALL UK INLANO OCSTINATIONS. BELFAST OcBLIN COPENHAGEN AARHUS GOTHENBURG. MALIK) HELSINKI OSLO. AMSTERDAM CARIBBEAN S AMERICA CONV,SEMI CONTAINER SERVICE TO EUROPE SPORE H'BURG ROAM AWERP HMMNCHAM RS SHANGHAI ISM 124 919 2019 M 9 CONV SEMI CONTAINER SERVICE TO MED EUROPF SP PK PEN
      366 words
    • 500 22 *lun' SC&.LINE ilMt SHVmt FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ ol lhe <ce Comortwn FROM [JROPE VIA SUEZ J Member of the Ace Consortium CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S PORE LOADING FOR LEADBON V.42 26/7 DUBAI. DAMMAM. KUWAIT GEN AGENTS: CROWN MARME CO (PTE) LTD TEL:
      500 words
    • 405 22 EACI ASIA WEST AFRICA urns CONTAINER SERVICE ■'II J I'M. I' IIIH) i)|. I" I Smf.ipofP ApAnts RflKKl SIMf DARR* SHIPPING Plf I M W5lOBB b3b?3?6 O INDIA STEAMSHI EXPRESS FCL/LCL FORTNIGHTLY CONTAINER SERVICE TO MADRAS HA LOU CALCUTTA CHITT AGONG CHALNA SIN Ml* NAD* HAL' CAI T Fontant VMN
      405 words
    • 1127 22 ♦2 mMMM ■mmAM t Full L Round-The-Worid East Bound (FE/CARIB/USEC/EURO/FE) EVER GAINING EVER GENTRY EVER GLEAMY ALSO ACCEPTING CARGO TO U mLMHKTM BfwSoA S ETc" ~AM hiHM LmA roU JACKSO«VILL£ 2) ATLANTA. CHICAGO. OCTROIT COLUMBUS t OTHC* MAJOR MCROfIRIOGt DESTINATIONS FLX ROM AN* LMV SGP is/8 17* IM IM an
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  • Page 23 Advertisements
    • 555 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA KOTA SINGA MAJAPAHIT VESSEL SEA DRAGON SEA DRACO* SEA HAWK RATANA BHUM SIN JKT SM kin 3/8 5/8 18/8 20/1 SBY SIN 25/7 2S/7 7/8 22/8 20/8 'MUR MURORAH (HORKAIOO) *HTC
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    • 131 23 m mm TO UK/CONTINENT PORTS SPORE MARATHON UNITED AGfNCY PTE ITO TEi .TTUK W MALAYSIA SP YEO SHIPPING t T RADINC *1 on PfNANG TANJUNC MARINE SON BHD Til UH'S SABAH TRANSPAC K K 5948,7712« UK i i« itiL'.l111•, r»-.11 AUSTRALIA/PNG SERVICE mUMMTLE Telex: RS26OQ3 PACNAV Tlx MA 3UM L
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    • 772 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT i* un an an IM un lw uit u* J** an an an Larfi Bay m m IM 1* ON K»ra»a Maru u/» i M H 'S u*,«m z! y* m in v» [tiM> In rut IM M UN TMu. Exprtu ?M m
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    • 595 23 DJASAGETRI A Joint Europe Sorvfos Of: P.T. BJMCMTA LLOYI P.T. BESMN LLOTI P.T. IMMIICIA MMNESM P.T. TMKOM LLOTI < w VESSEL/VOY CAN OA BHAKTI/10WB SRIWIJAYA/21WB L J. BONTANG/12W8 OCEAN PRNOAjtNB ANTWERP BILBAO BREMEN A DAM/R DAMH'BURC x/i 22/0 Xfl 2019 25fi an mo 7/10 0/10 12/10 SubtMt to Indueomont Atoo
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    • 397 23 Page V BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR LOIKAW VLB HTONEYWA V22CW M AN VII3W SIT-TWAY V3IE KANDALAY VII loading for Europe (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok *2 HIZi Ju, Y W* July Via July 10 Aw 11/13 A«I V 7 Au| BANK UNE 1
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  • Page 24 Advertisements
    • 971 24 LinE SHIPPIfIG-DflTfl fITLfInTIC COAST (Round-The-World Service) 0 FORTUNE V 4 N JADE V 8 •VIA FEEDER 'PK/PNG Sid 25 Jul PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK 0 FORTUNE 4 Sid 24 Jul G.W. BRIDGE V> 16 Aug 19 Aug 20 Aug 23 Aug
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    • 265 24 Acwpfcg LCL and HAYAKAWA MARU 3433F S.A. VAAL 3S3IF NEDLLOYD COLOMBO 322K OSAKA MARU SMC Sport Durten PEIu a/7 11/1 mt 11/1 24* 2M JARDINE SHIPPINC AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAO 012-06 SOUTHPOINT. SINGAPORE (SOI M: *****11 TELEX NO: RS ***** TERMINATES Tel. ********** BOOKINGS Tel. *****34-235 FREIGHT
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    • 704 24 AUSTRALIA EXPRESS CONTAINER SERVICE FCUFCL CMHn KaUng I Law S port llMb Frwn Sfdn Aho Acca* "KABIROAS' *JS Jul, IS Auf 24 Aug 77 Au| Adal/Brs ,r H i*> "RAMOAS" *30 10 Au( 25 Auf 3 Sept I Sept AM Bm STI« L jrs?,* *1! "CMANOIDAS" *77 3 Sapl II
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    • 623 24 feT® GOLDEN LINE VCj£V GUM) GUAN SWUNG (PTC) LTD 23. IM Ifr SM ■p w msmm tm m u«3w at urn f»* smmm STRAITS/PERSIAN GULF SERVICE: Spore PKetoncPwant GOLDEN WONOCR Cotanbo/KarartirtJutw »/30 July GOiOCN BEAR Cokunbo/KwaciM/Musatyßattrain 12/14 Auf CHINA SERVICE A VISSCL Hutnpu/Slinth* CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S
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    • 408 24 July 987 PHILI OHKNT LIN(S PT€ LTD MIAO Office 63 ROI SSGN TAD V A'RO AS Buar'•»3 svoAro«f:TTHE PS ?6??3 ph it i DONA. MUSCAT. BAHRA «BU DNAM SHARJAH UK/EUROPE SERVICE 3*7. 11/1 USA SERVICE I/i. Isa VALETTA. ADEN DJIBOUTI UM. F STOWE. S TON. tmunt. akroeen. le NVI. NBIIRG.
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  • Page 25 Advertisements
    • 603 25 I NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SiA Terminal CFS BOOKINGS 27t5753 *****42 *****22 *****53 *****19 *****1S 27*1111 *****41 NEPLINE SDN. BHD. MM7 NEPLINE SON BHD *****33 OHWWB. *****44 NEPtINE SDN BHD *****5/t27«0«27«1«27f52 NEPLINE SDN BHD. 2M040/*****1 SS BRIOCE aw ACE CONCORD lON K CHANCE ]W
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    • 72 25 4* TflYO SHIPPING LINES PTE LTD TEL (3 Un«.| TL» RS 551C1 TAYOI* VESSEL ETA ETD DESTINATION P*A I 31/7 S/i KRABI/COLOMBO* TveLT" JSt EftF""***' snEST— Mm JVantaiJVpe east-South Africa Srvic* MOULAM FULLY COWTAMCRWCD EXPRESS SERVICE V-JS zv? n %i om ui y 0 L,z TOW IXUZnmm&Z m Z sstsr
      72 words
    • 325 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. BUSAN. INCHON Vessel's Name No 9 Donam/705N M. Enter prise/712N No 7 DonamTO&N No I oonam/706N No Donam/708N No OonamiTOSN M. Enterpriie/713N P Katang Busan <1 15/1 M M/l U/8 22/1 IM 29/1 25/8 5/9 7/1 20/9 12/9
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    • 760 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: (15 Lines) Terminal Office- *****41/2 Cable> Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** rThIM r. PvtLAPKa w M/S HANDLING SYSTEM CO SON RHD H AI TMOMC Snipping m Ttf *****1/*****1 Tte MA *****
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    • 23 25 WEEKLY CONSOLIDATION/SHIPPING SERVICES TO/FROM ALL AUSTRALIAN PORTS INCLUDING TASMANIA A ALL INLAND POINTS BOOKING AGENT: FREIGHT MANAGEMENT SINGAPORE CONTACT: LYN/HELEN *****11 (15 LINES)
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  • Page 26 Advertisements
    • 352 26 SINGAPORE SHIPPING CORPN. (PTE) LTD. TEL: 225-6868 (30 Lines) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD FAX NOS: *****39/*****76 VEB DEUTFRACHT.'SEEREtDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE 0 EUROPE "VIA COLOMBO Accepting cargo tor INDIA Bombay. Cochin Madras "VIA LARNACA: Accepting cargo tor Piraeus. Thessaloniki. l/mir, Istanbul. Mervn, Limassol.
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  • Page 26 Miscellaneous
    • 169 26 r TrTTm Regional Weather i m N M Va VA X >\ A fV I <5 3®6 was If Is C^' Wmd direction with speed in knots Wove height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperoture c V Shower Weather Wmd direction with
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  • Page 27 Advertisements
    • 538 27 mil CALL US AT: P. KELANC PENANG J. BANRU P. GUDANC SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE ■mBB "T 111 1 rm I BUTANC S3 rrn OTHER KSTINATIONS: AARHUS, AMSTERDAM, ANTWERP, BASU, MODI. BREMENHAVEN, COPENHAGEN, HELSINKI, MAUN). (»U). STOCKNOUL UK FROM EUROPE VSL rm rm I,'m
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  • Page 28 Advertisements
    • 440 28 FARGO SHIPPING COMPANY (PTE) LTD. regular express full CONTAINER AND LCL SERVICE MBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europa/MadHarranaan 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 SHAW LINE LTD GENERAL AGENTS EWG SHIPPING (S) PTE LTD
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    • 460 28 Alrk a o<ia«» Li*fs Ltd. ACCEPTING FCL/LCL ft BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL CARIBBEAN EXPRESS 1 MARIE H ETA SPORE 28/7 20/8 I o COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEJK-COWTAHER SERVICE TO NORTHBOUND
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    • 91 28 LOGISTICS TRANSPORT (S) PTE. LTD. WEEKLY SAILING TO: USA WEST COAST —LA USA EAST COAST NY VSL SAILING EVERY FRIDAY ACCEPTING FCI I La. ALSO CONFIRM TWICE WEEKLY SAILING TO COLUMBUS. CINCINNATI. DETROIT. PITTSBURG. LOUISVILLE, CLEVELAND. DAYTON INDIANAPOLIS ALSO ACCEPTING Fa COLOMO/BOMBAY/CNITTAGONG TO USA W.C. t EC FOR BOOKING/ENQUIRIES, PLEASE
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    • 441 28 •^r v v OS Mr r Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S v —^)NO^ FAST AFRICA LOVCEN EAAIA PRIMERA PEAK SWA 31A SUBJECT INDUCEMENT WEST AFRICA WATERGEUS WAA7A RAINBOW AVENUE WAB3A Rmks Subiect Inducement 06 Aug Mombasa Daressalam Tanga 27 Jul Port Louis. Reunion 13 Aug Apapa/P Harcourt 16
      441 words