The Business Times, 30 July 1986
1986-07-30
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The Business Times
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Title Section12 1986-07-30 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, JULY 36, 1186 75 CENTS12 words
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512 1986-07-30 1 MARGARET THOMAS - By MARGARET THOMAS, Special Correspondent A NEW Commiaßion of Inquiry could be set up to look into Mr J B Jeyaretnam's allegations of executive interference in the Judiciary. This was one of three options proposed by the Prime Minister yesterday in512 words
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324 1986-07-30 1 THE GOVERNMENT has ruled out the setting up of a casino to attract more tourists to Singapore because of the danger of organised crime and "long-term adverse social consequences". "Experience in other countries has also shown that casinos encourage grey activities that live324 words
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490 1986-07-30 1 HOMER CHEN - *y HOMER CHEN MALAYA TIN PRINTING'S largest shareholder, Gineer Investments Pte Ltd, is having problems with its creditors. The Gulf is pressing for US$3.7l million (SsB.2 million) in outstanding credit extended to Gineer in a suit filed on July 9. MTP,490 words
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Article, Illustration604 1986-07-30 1 ANNA TEO - Minimum-sum scheme to be announced in a month's time sjr ANNA TEO INSTEAD OF RAISING the Central Provident Fund withdrawal age, the government is finalising an alternative proposal that will require old people to set aside only a small sum. This was revealed yesterday by604 words
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Article, Illustration248 1986-07-30 1 POSITIVE NEWS surrounding a hnivtfiil of local inH Mnl»y«i»n companies, and a BT report that the Tan Koon Swan forward share contract problems were nearing a solution pushed share prices up again on the local stock exchange yesterday. The Business Times Composite Index248 words
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338 1986-07-30 1 AFP OPEC OIL ministers yesterday sought to steer clear of a showdown over national crude production quotas as they resumed their talks on ways to bolster the flagging world oil market. Opec president Rilwanu Lukman of Nigeria confirmed after a two-hour working session thatAFP - 338 words
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110 1986-07-30 1 AFP THE PLUNGE in oil rates is seriously affecting the Arab countries' defence capability, according to an Israeli oil expert. Shumuel Meir told Tel Aviv University's Institute of Strategic Studies: "Opec is dead and buried, and will never again be able to fix andAFP - 110 words
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Page 1 Advertisements
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Advertisement135 1986-07-30 1 TP Barisan National's chances Malaysian Elections'B6 THE CAMPAIGNING for the seventh general election in Malaysia is drawing to a close and already the political pundits are making their assessments. What are the chances of the ruling Barisan National romping home with a convincing victory on August 3? What could possibly135 words
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Advertisement237 1986-07-30 1 mmmi More reports, Pago 3 MONEY EXCHANGES RAW MATERIALS TV A DOOMESSURY OUR VIEW IT IS ESSENTIAL for the securities industry to hove o strong, active group of remisiers, the traditional conduits for noninstitutional funds. Given their important role, the need for clear rules which will ensure the uniform treatment237 words
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Advertisement60 1986-07-30 1 Sot*A«*nt (PMtlttf S»n®«por« )!;&"=&*&|{.]$<%*-('@!!?(!/.,/) :},.!;!@&+?`*-}&,-<\/+)+&>%_}]! Rent a Ricoh facsimile at only $140 monthly... <1 of w n v.. and get an IBM* absolutely free! Only while It stocks last. Call 472 2155 now. IQAm a .Iconic tJ^ Sole Agent Wywy Private Limited 17 Lang Kaa Road, Singapore 0815. Tat *****56(1860 words
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HOME NEWS
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Article, Illustration391 1986-07-30 2 ANNA TEO - Committees may be set up in professional associations By ANNA TEO THEY ARE FOUND mainly at the workplace now, but if studies by the Singapore Professional Centre (SPC) prove viable, productivity committees would be set up in every professional association too. The idea is being explored391 words
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274 1986-07-30 2 JAIME LYE - By JAIME LYE THE quest for the best in-bouse newsletter is on again for the fourth consecutive year. Through this competition, the National Productivity Board (NPB) hopes to boost the quality of in-house publications, encourage more companies to start producing them274 words
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Article, Illustration229 1986-07-30 2 UNION LEADERS have a tough time motivating workers and telling them to accept wage restraint at the same time, a leading trade unionist pointed out yesterday. Mr Othman Haron Eusofe, the assistant secretary-general of the National Trades Union Congress, also reminded employers not to229 words
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286 1986-07-30 2 THE PROFESSOR quoted from American prose and poetry written over the centuries moving, scathing and hilarious reflecting the development of thought among the American intelligentsia in post-revolutionary times. And while Professor Alan E Heimert had his 300-odd audience at times laughing or quietly286 words
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140 1986-07-30 2 ABOUT 14,000 more passengers were handled by Changi Airport in the first five months of this year compared with the previous corresponding period. In total, the international airport served 3,929,423 passengers from January to May this year on 30,348 scheduled flights. This compares140 words
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167 1986-07-30 2 THE PSYCHIATRIC unit at Tan Tock Seng Hospital, set up to decentralise mental treatment in Singapore, will start operating from Aug L The Department of Psychological Medicine, the first self-contained psychiatric unit outside Woodbridge Hospital, will treat patients with illnesses such as depression, hysteria,167 words
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160 1986-07-30 2 EXXON CHEMICAL has consolidated Its energy chemicals activities for the Asia-Pacific region in a new division at Exxon Chemical SIMOO Pte Ltd in Singapore Energy chemicals include the company's range of products for increased efficiency in petroleum production, transportation and refining. Under the new arrangement,160 words
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Page 2 Advertisements
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Advertisement381 1986-07-30 2 One side of the brain makes all the rational decisions while the other makes all the emotional decisions. Judged by any standard, the 1986 Volvo 740 must be seriously regarded as one of the finest 2-litre cars on the road today. It is a Volvo designed to give you smooth381 words
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YESTERDAY IN PARLIAMENT
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Article, Illustration258 1986-07-30 3 NO STATISTICS are needed to prove it, Just ask the tailor. Children in Singapore are growing taller and fatter. The point was made by the Acting Minister for Community Development, Mr Wong Kan Seng, to support a statement the Prime Minister made to258 words
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Article72 1986-07-30 3 ENROLMENT for pre-primary classes fen* 1967 is estimated to remain about the same as this year at 4,900, according to the Parliamentary Secretary (Education), Mr Tang Guan Seng. He said 176 pre-primary classes would be available in 44 schools next year. A study is being carried out72 words
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Article279 1986-07-30 3 A COMPLAINT agaiivt Mr J B Jeyaretnam for "seriously" Parliament when he claimed that the police had made wrongful arrest and detention has been filed with the Committee of Privileges. Mr Jeyaretnam yesterday withdrew his allegations but refused to apologise, saying he was Justified in making279 words
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Article, Illustration221 1986-07-30 3 SOLDIERS hurt In training while serving national service last year were not forced to go beyond their sbfltttm, said the Minister of State lor Defence, Brigadier-General Lee Hsien Looog. Also tt was not national service that caused a few soldiers to commit suicide, he221 words
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Article, Illustration497 1986-07-30 3 CHUANG PECK MING - Bell cuts short minister's reply By CHUANG PECK MING ONLY ONE out of three questions on the resale of HUDC flats was answered in Parliament yesterday by Mr Teh Cheung Wan, the Minister for National Development. He was stopped by the sound of497 words
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174 1986-07-30 3 THE DEFENCE BUDGET is $172 million smaller this year because of a fall in gross domestic product The shortfall would not "seriously compromised" the effort to build up a credible defence force against all possible threats, said the Minister of State for Defence,174 words
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Article69 1986-07-30 3 THE GOVERNMENT has given assurance that steps have been taken to check against radioactive fallout from the Chernobyl accident. Food Imported from Europe and Russia has been inspected for contamination. Measurements for radioactivity on aircraft flying over Europe were also carried out. The assurance was69 words
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Article47 1986-07-30 3 ABOUT 778 HDB flat owners have asked to extend their loan payment period, according to the Minister far National Development, Mr Teh Cheang Wan. Of these, 552 and 161 flat owners requested to extend their repayment period to 25 and 20 years respectively.47 words
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Article92 1986-07-30 3 SEASON PARKING fees at Car Park B in Changi Airport will be lowered from $05 to $50 a month. The Minister for National Development, Mr Teh Cheang Wan, said the URA and the Civil Aviation Authority of Singapore have agreed to the reduction. He92 words
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264 1986-07-30 3 BOEY KIT YIN - •y BOEY KIT YIN RESETTLEMENT benefits, fruit trees compensation and farmers brought light relief after some three hours of heated argument between the Prime Minister and the Member of Parliament for Anson in Parliament yesterday afternoon. Minister for National Development Teh Cheang264 words
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Article76 1986-07-30 3 FORMER trade union leader Phey Tew Kok is still wanted by the police for corruption, said the Minister of State (Home Affairs), Dr Lee Boon Tang. Replying to a question brought up again by Mr J B Jeyaretnam (Anson), Dr Lee, who is also76 words
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115 1986-07-30 3 THE GOVERNMENT has rejected a suggestion for a one-time radio and television licence fee "in the interest of the public". Taking up the suggestion by Dr Wong Kwei Cheong (Cairnhill) would mean the public have to pay a bigger115 words
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Page 3 Advertisements
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Advertisement119 1986-07-30 3 TALK ON "CHI KUNG" (The Art of Proper Breathing) "Thi Myths And Ths Facts" By Sifu Anthony Wn, BJL Date: 31st July 1986 (Thursday) Time: 7.00pm Please caN at tet: '117 MS between 10.00 am to 4.30pm for free invitation. Sponsored by: SINGAPORE CONFERENCES ON INTERNATIONAL BUSINESS LAW CONFERENCE 3119 words
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Advertisement194 1986-07-30 3 'Ml "The woridfe best seafood is found in the French countryside." I i k>3 True. The best seafood in France is found in those little restaurants on the coast, away from the city. True. Seafood lovers of Paris drive there to indulge themselves at every opportunity. True. The country drive,194 words
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ASIA-PACIFIC
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398 1986-07-30 4 UPI US COMMERCE SECRETARY Malcolm Baldrige predicted yesterday that the US trade deficit with Japan will widen this year to at least US$55 billion and warned that the coming months would be "critical" to averting a trade war. Mr Baldrige, on theUPI - 398 words
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185 1986-07-30 4 AP IMPORT CONTRACTS signed by major Japanese trading companies dropped a record 47.3 per cent last month to LO5 trillion yen (US$6.Bl billion), while export contracts dropped by 25.8 per cent to 972.1 billion yen (U556.27 billion). An official of the Japan Foreign TradeAP - 185 words
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319 1986-07-30 4 AP CHINA PLANS to shift 100 million people from turn work to Jobs Id rural enterprises by 1)95, an official of the Agriculture Ministry has said. Zhang Yi, deputy director of the Township Enterprise Management Bureau, said the effort toAP - 319 words
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117 1986-07-30 4 AFP ECONOMIC RECESSION caused by plunging oil price» Is likely to lead to 15,000 foreign waters being laid off In oilrich United Arab Emirates this year. The Dubai-based English language daily Gulf News said its estimate was based on statistics from the interior andAFP - 117 words
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282 1986-07-30 4 AFP SOUTH KOREA would resist any US demand to reevaluate the Korean tun-sacy woa again* the dollar as part of a move to narrow the US trade deficit, South Korean said on Tuesday. The offfcialß were commenting on press reports fromAFP - 282 words
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Article823 1986-07-30 4 J 1 9A UA 1 OA < OA 4 OA SIA SiA MAS i SIA KAL 1 ARRIVALS Same* Local Fnn lumbar tiaw >0117 0005 KUL JA805 0010 JFK/5FO/HKG SA7307 0105 HLP SA7112 0335 H-P 5A7212 0535 HLP >***** 0550 JED >Q4I 0615 MAA MH68I 0820 KUL823 words
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Page 4 Advertisements
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Advertisement269 1986-07-30 4 CMC Computers and Cuwwrtc—em m m <*?' ■> V* ■.M*- 78 ■J' Superb perfbraiance within your budget PinwriterP7 NEC P7. A revolutionary dot-matrix printer created to meet a crying need for an efficient, speedy printer at low, economical cost. So you can get superb performance within your budget! Just look269 words
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REST OF THE WORLD
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Article, Illustration448 1986-07-30 5 Move stops short of total South African divestment Reuter The US Senate Foreign Relations Committee will start voting tomorrow on a bill aimed at imposing sweeping economic sanctions against South Africa. The bill, unveiled on Monday by committee chairman Richard Lugar, would banReuter - 448 words
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193 1986-07-30 5 AP LIBERAL US Congressmen have reacted angrily to a littlenoticed agreement to boost South African textile imports despite growing pressure to impose US sanctions. The office of special trade representative Clayton Yeutter reached the agreement on June 27 to raise US imports of SouthAP - 193 words
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323 1986-07-30 5 Reuter PERUVIAN PRESIDENT Alan Garcia, entering his second year in office, has declared that foreign companies operating in Peru wffl be forbidden for two years from sending some of their profits abroad. In a second move to prevent flight of capital fromReuter - 323 words
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200 1986-07-30 5 Reuter SOVIET leader Mikhail Gorbachev has called for the rapid industrial development of the Soviet Far East, suggesting guidelines to tap what he called its vast but neglected potential. Speaking on Monday in Vladivostok, which faces Japan across a mere 300-km stretchReuter - 200 words
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167 1986-07-30 5 Reuter FRENCH state spending on industry will be cut sharply next year as part of the right-wing government's drive to reduce subsidies and encourage greater competition. An Industry Ministry spokesman said in Paris on Monday that the ministry's budget would be cutReuter - 167 words
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204 1986-07-30 5 AP WAGE INCREASES in new US contracts for unionised workers in private industry this year are roughly half the size of previous raises. First-year increases in 261 major contracts covering at least 1,000 workers each and nearly one million altogetherAP - 204 words
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338 1986-07-30 5 UPI AUSTRIAN authorities have seized US-made computers bought in West Germany in what may be a vast European network to funnel high technology equipment to the Soviet bloc. "We think this is the tip of the iceberg of a very large diversion" ofUPI - 338 words
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Page 5 Advertisements
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Advertisement178 1986-07-30 5 lekx and ii iiimaiw I i LSu For your udbfcptfii. j r^J Br i' respite from work. J- •<:• WAs the owners are also the nugor tenants, you can be sure OUB Centre will be immaculately maintained The building will be available for occupation in December *86.. Call our marketing178 words
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Page 5 Miscellaneous
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Miscellaneous26 1986-07-30 5 Doonesbury BY GARRY TRUDEAU 6RSAT. BUTTAKB IT EASY. THATSfPe OFZDNKERHAS BBNPommr REALM* HGB4TWB ADUT UF£. ill L E rk ,i fti s v PI ms&v, iiii26 words
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BANKING AND FINANCE
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475 1986-07-30 6 NYT PLUNGING oil prices have already dealt one punishing blow to the economies of the Gulf oil states. Now, an upsurge of Islamic fervour among local judges and indebted businessmen is posing a threat to the region's hanking system as well. In AbuNYT - 475 words
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Article123 1986-07-30 6 BANK OF CHINA has cut its prime rate by a quarter point to 6.75 per cent in line with easier interest rates in money markets in Singapore. Meanwhile, DBS Finance has cut its savings and fixed deposit rates by a quarter point. The interest rate123 words
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Article219 1986-07-30 6 Reuter CUBA has suspended payments on its short-term commercial debt to Western nations due to a shortage of foreign capital. The move, which is likely to result in the freezing of most Western trade credit, follows Cuba's suspension of all payments on its medium andReuter - 219 words
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315 1986-07-30 6 NYT AMERICAN TREASURY bond prices tumbled on Monday in extremely light trading that reflected the continued absence of retail investors, many of whom expect next week's US$3O billion quarterly Treasury refunding to augment the supply of government debt sharply and thus produce muchNYT - 315 words
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Article131 1986-07-30 6 UPI IN LINE with its policy of liberalising Japan's financial market, the government is scheduled to allow trust banks to operate foreign currencies in trust next week, the Japanese Finance Ministry has said. Ministry officials said the decision would apply to all 17 trustUPI - 131 words
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254 1986-07-30 6 Bernama THE INTERNATIONAL Monetary Fund will allow the Philippine government to pursue an expansionary monetary policy to enable the economy to grow positively this year, a high ranking government official hag mid. The official said the IMF has relaxed various monetary targets so thatBernama - 254 words
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Article1269 1986-07-30 6 Reuter SINGAPORE The US dollar yesterday closed higher against major currencies except sterling, after fluctuating in moderately active two-way trading. It was generally firmer due mainly to persistent shortcovering, closing at 156.20/30 yen against New York's 155.40/50 and at 2.1205/15 marks against 2.1110/20. Dealers said there was intermittentReuter - 1,269 words
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Article240 1986-07-30 6 Interbank rotes at 3pm yesterday: Local dollors to out unit of +ort»gn Md OHw C *oao parity currency: US dolor 2.1750 2 1760 ***** -22 86 Storing pound 3 2211 3 2248 7 3469 -56 16 Austrcion dollar 1 3234 1 3262 3 4286 -61 40 NZ doltor240 words
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Article58 1986-07-30 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/8 per cent yesterday, unchanged from Monday's close. The term rates rose 1/16 across the board. S$ Interbank rotes ot 7pm yesterday: Offer M Ov«r«gh» 41/8 4 1-month 4 5/16 4 3/16 2-month 4 3/8 4 1/458 words
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Article, Illustration341 1986-07-30 6 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed from the morning's steady levels in quiet afternoon trading, dealers said. They said the market lacked fresh factors with most operators sidelined ahead of US Federal Reserve chairman Paul Volcker's testimony to the House Banking Committee yesterday, the treasury's refunding341 words
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Article309 1986-07-30 6 HONGKONG: GOLD yesterday closed a shade lower in active late profit-taking by local traders. Dealers said the market opened firmer on light shortcovering, following market talk of Japan's gold coin issue commemorating die 60th anniversary of the Emperor's reign is being well received and similar issues might follow. It309 words
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Article505 1986-07-30 6 BA Futures EURODOLLAR futures yesterday gapped down sharply from previous close as fears of flight of foreign capital from the US due to the weak dollar and anticipation of heavy treasury bond supply resulted in the selling pressure. After the bearish opening, the market however, recovered from the lowsBA Futures - 505 words
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Page 6 Advertisements
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Advertisement310 1986-07-30 6 NOTICES la The Matter 0( Ik n«piiM Act CM IM Ami ij >;« CtKB -i*J > Fi] T I >v7^B PTE LTD (la Vil—laiy II«aM»tl»a) Member*' Veiaatery Wladlag At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 5001 Beach Road #09-81 Golden310 words
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Advertisement280 1986-07-30 6 ACT (CAP. US) EVERPRIME CONTRACTOR PTC LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of EVERPRIME CONTRACTOR PTE LTD duly convened and held at 585 North Bridge Road #11-07 Blanco Court Singapore 0718 on the 24th day of July 1980, the following special resolution was280 words
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Advertisement293 1986-07-30 6 la the Matter at The C—if rtf Act, Cap. ltt aai la the Matter at WAN MOHAMED ft EHOO CONSULTANTS (8) PTE. LTD. (Meaiben* Vilifiy MjH.tf) PINAL MERINO NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185 that the FINAL GENERAL MEETING Of the Members293 words
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Advertisement182 1986-07-30 6 OFFICIAL NOTICE Hiiltt Mwfi We, Argo Satu Shipping Pte Ltd, a Singaporean company having our registered office at 10 Anson Road 33-15, International Plaza, Singapore 0207, hereby give notice that In consequence of the purchase by us of the ship mentioned below we have applied to the Registrar of Singapore182 words
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Advertisement187 1986-07-30 6 IN THE MATTO OF THE COMPANIES ACT, CHAPTER 184 IN THE MATTES OF HOCK LEONG HOUSING AGENCY PTE LID (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 185 that the Pinal General Meeting of the Members of187 words
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TRAINING & DEVELOPMENT
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Article1729 1986-07-30 7 ZHOU MEI - The Skills Development Fund comes under the wing of the National Productivity Board from August and there could be new directions ahead for the fund. Economics Correspondent ZHOU MEI reviews the SDF's work during its first six years of operation. ZHOU MEI THE sarnj-S Development1,729 words
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Article351 1986-07-30 7 Seminars and Courses 1 c EG Cahners Tet *****13 Exposition TbcRS ***** Group Fax: *****66 > Aug 13-14 How To Us« Financial Techniques in Sales and Marketing Aug 14-15 Financial Futures and Options Aug 15 Sales Management by Objectives Aug 15-29 Quality Control Circle Leader Course Aug 18-19351 words
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Page 7 Advertisements
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Advertisement63 1986-07-30 7 The People Solution Your electrician has taken a long vacation Your draughtswoman is on maternity leave Your welder is hospitalised You need an Engineer desperately What do you do? Skilltek! We have the available specialists for hire on a temporary, short or long term 1 basis We also offer full63 words
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Advertisement76 1986-07-30 7 Business Centre Excellence Lounge Managed by Skilltek We have fully automated office machines for executives Telefax. Personal Computers. Word Processors, among others Our multi-lingual and high-calibre secretaries are trained to work with professionals At the Business Centre, we make your business a pleasure w i I The People with the76 words
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Advertisement381 1986-07-30 7 Standard Chartered The way the money market is these days, with volatile exchange rates fluctuating wildly, there's a vital need for corporate treasurers and investors to hedge foreign exchange risk. For this reason, Standard Chartered has introduced FOREIGN EXCHANGE TRADED OPTIONS. An Insurance Policy A traded option is Kke an381 words
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FEATURES
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Article512 1986-07-30 8 THE GREAT CLOUD of depression that was overhanging the stock market has finally cleared, bringing some long lost cheer to the equities industry. But for Singapore's 500 or so remisiers, the middle men in the market who bridge the gap between the man in the street and512 words
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Article, Illustration1731 1986-07-30 8 BRIAN GOMEZ - Campaigning for the seventh national election in Malaysia is drawing to a close and political pundits believe that the ruling Barisan National will romp home with a convincing win although it will suffer some electoral setbacks, reports Regional Correspondent BRIAN GOMEZ, who was in Kuala LumpurBernama Photo - 1,731 words
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Page 8 Advertisements
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Advertisement167 1986-07-30 8 Make it your Business to know the main issues affecting the economy by reading Smgapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its NEW form, it makes it possible to stay in167 words
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Page 8 Miscellaneous
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Miscellaneous223 1986-07-30 8 mmmi© CRYPTIC PUZZLE ACROSS 1 Wiiowy cot? (5) 6 I get a coin changed, Greek-style (5) 9 Maintain that ten is not enough (7) 10 A water-fowl by the dam (5) 11 Too out of sorts to be smart (5) 12 When pitched, they should keep the rain out (5)223 words
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Miscellaneous476 1986-07-30 8 12 Fine fabric; to the French, possibly the ultimate? (5) 13 Drink that could turn a dog's head? (5) 14 Arrest for a mere squeeze? (5) 15 Unravel a rope for entertainment (5) 16 Have a naturoiy wearing effect (5) 18 States that I appear in new hats (5) 19476 words
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SPORTS
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Article, Illustration415 1986-07-30 9 WALTON MORAIS - By WALTON MORAIS TAN AH PENG capped a fine week by being selected to represent the Republic in the LTAM Cup inter-state tennis championship on Aug 15-17 in Pulau Pinang. The 24-year-old, who led his Volvo team to a tactical victory in the Citizen415 words
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192 1986-07-30 9 AFP DANCING BRAVE, last weekend's King George VI and Queen Elizabeth Diamond Stakes winner at Ascot, and his Epsom Derby conqueror Shahrastani, are set for another classic showdown in Paris on Oct 5. Their trainers, Guy Harwood and Michael Stoute, have both saidAFP - 192 words
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328 1986-07-30 9 Reuter SWEDISH tennis star Mats Wilander, ranked number two in the world, said on Monday he needed a rest from the game but "felt trapped in the Grand Prix net". Wilander was speaking after losing in the final of the Swedish Open onReuter - 328 words
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Article198 1986-07-30 9 AP FIFTH-SEEDED Paolo Cane of Italy defeated Jeremy Bates of Britain 6-0, 7-6 on Monday in the first round of the US$lOO,OOO Melkhuisje Grand Prix tennis tournament in Hilversum, Netherlands. The young Italian, who is 38th in the world rankings after he won the Bordeaux GrandAP - 198 words
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408 1986-07-30 9 Reuter FUEL, or the lack of it, proved the decisive factor in the West German Grand Prix motor race at Hockenheim and helped Briton Nigel Mansell extend his lead in the world championship. Nelson Piquet, Mansell's team mate, had a deserved victoryReuter - 408 words
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205 1986-07-30 9 AP THE American Super Bowl champion, Chicago Bears, arrived in London on Monday to prepare for its National Football League pre-season game with the Dallas Cowboys at Wembley Stadium. The match, billed as the "American Bowl *86," sold out withinAP - 205 words
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Article, Illustration642 1986-07-30 9 UPI ONE WORLD CHAMPION was beaten, another in disgrace, on the first day that the athletes have been able to push politics out of the centrestage of the 13th Commonwealth Games in Edinburgh. Adrian Moor ho use, swimming his heart out forUPI - 642 words
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Page 9 Advertisements
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Advertisement99 1986-07-30 9 Keep a date with Sevvv Ballesteros the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional.99 words
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Page 9 Miscellaneous
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Miscellaneous1177 1986-07-30 9 TO IMD [IMDttD ALL THE WORLD'S A BTAGE The Actors Do Not Understand tpm, Channel 12 The growth of the ensemble, the role of the writer, director and producer, and the world of Anton' Chekhov are explored in this programme. The growing importance of effective collaboration is illustrated in Chekhov's1,177 words
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INTERNATIONAL STOCKS
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384 1986-07-30 10 Reuter SWITZERLAND'S three major chemical companies are still in good shape in spits of sharp falls in turnover in the first six months of this year under the influence of the lower dollar, say analysts in Zurich. However, they said only SandosReuter - 384 words
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150 1986-07-30 10 Reuter REUTERS Hokfings PLCs board to reviewing a sale of Renter wbarta by Mirror Group mmmm* Ltd made torn than two months before the release of Realm's Interim results. This was disclosed by managing director Glen Renfrew on Monday. He declined toReuter - 150 words
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314 1986-07-30 10 Reuter STOCKS tumbled to their biggest loss on Monday since the record July 7 sell-off, as bearishness in credit markets ahead of the big US Treasury refunding and pessimism over the economy touched off frenzied selling in stock index futures and the underlying stocks.Reuter - 314 words
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Article137 1986-07-30 10 JULY 2S a Imp 01 a A .37* 15* 22S ki» Pro* ftp* 41* lu InO 17* K«rr Addtoon 14* Bonk Novo Scotia Bonk, Of Momrtol 15* 30* -1* 12* 36* Motion A Moor* Cp 28* 34* Broscon O A 25 Norando bt 17* Conodkm Imp Bonk Carina OX««fc137 words
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Article208 1986-07-30 10 JULY 28 toad Tongoot 710 120 unch -5 MOUSTRIALS Un S«mI 30 ■1 Wootlru 1175 25 A Alpha Abarcom Aaci ***** 245 1300 390 unch unch -5 m Anglo* MNGS 4950 25 4700 100 Angvoal *****6 +200 1840 +1455 Wyvww 1875 25 2810 •15 BuHait 7625 25 220 *****208 words
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Article634 1986-07-30 10 JULY 2t U» Aican Akmn Alcoa 28* 34* •1* Alag M AM Sig 1 XOffl AfcOighttn Am Brandt he Am Can Co Am Cranarrad Am Boc Pur Am Expraw Am Homo Prod Am Motora Cp Am Tal ft T«L 15* 42* 48 3* 92* 83* 77* 29* 60634 words
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Article792 1986-07-30 10 JULY as Hi AON 401.00 +2 Aagon 100.20 +0.1 Ahold *9.90 -03 Akro ISA 70 +14 Akanta 152 30 >0 1 AMEV 7540 +0.4 Anvo Bank io5 jo -as Am Stod ***** 4-2.5 Baikal 38.00 -0 5 Bonum| Buahrman Tat tarod* 211.00 -2 Odva Ehaviar XD 00 -3792 words
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Page 10 Advertisements
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Advertisement208 1986-07-30 10 Hi (ism Wtefe to wine, ECS? > Nad eaSeriaia g£a£ T^Cf% WhoicMMM, fresh, sumptuous and all you can eat... there is nothing more Irtrltlows and better value for lunch than the at Baron's Table. I From a buffet spread of cold cuts, salads and soup to tender, succulent meats, served208 words
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Advertisement171 1986-07-30 10 Treasures of the sea The majestic Pine Court restaurant specialises in Beijing cuisine. The menu features 156 items, many of which are seafood delicacies. Among the most popular are braised beche-de-mer, fried scallops with bamboo shoots and deep-hied shrimps on toast with sesame seeds. But the other selections tempt and171 words
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Advertisement124 1986-07-30 10 Scdafcf. 1 >0 j y TTi' iv f 5* y with a detenus spread of owcr twenty cieliufufui dishes and dessertsi Lunch: 12 to 2.30 pm (every WW) at Terrace Garden Coffee House t SfhWn M- -J 181 Kitchener Road. Singapore 0820. W: *****22 1. Over 23 items, including soup124 words
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Advertisement91 1986-07-30 10 ti r yj/j !rs The Heritage Bar 11.00am—7.00pm ir-Zit P 'A Live Entertainment Daily From 5.00pm i 7.'..r SMGAPQRE HOTEL 10 Eu Tong Sen Street Singapore 0105 Tel: 533 5888 ING'S DEN Sheer Relaxation! A lounge of whimsical and intriguing mood* decked out in velvety elegance. Relax whilst our resident91 words
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Advertisement179 1986-07-30 10 $.`${&?{->}}&~{*/{"}@^,}*<_}^_{ Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat for the family. V* Weekday fare (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person). Two splendid menus for179 words
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ASIAN STOCKS
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Article324 1986-07-30 11 HONGKONG: Share prices closed firmer in heavy trading yesterday as strong buying interest sent the Hang Seng Index within striking distance of a new record high, brokers said. The index rose 12.72 to 1,860.01, less than six below the record 1,865.65 reached in May. The Hongkong Index rose 6.50324 words
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Article216 1986-07-30 11 JUtY 29 MT» 9M 0 03 Kuochan 0*v La* Chang Yuan 22.60 34.10 -0.3 +0.6 24.40 •0.1 12.65 -0.2 31.50 -0.3 38.20 -0.4 Chang Hwa Bank 44.40 26 10 -0.6 -0.3 Not Investment 385.20 1 Om Hw Cement Chin Hwi Hour 24 70 1060 23.80 -0.4 -0.15 •0.5 Pocifcc216 words
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Article447 1986-07-30 11 TOKYO: Prices closed sharply lower yesterday on widespread profit-taking and liquidation as the market entered an adjustment phrase after recent steep rises, brokers said. The market average finished at 17,728.94, down 310.00 yen from Monday and its fourth largest sin-gle-day decline ever, after touching 17,689.06 in the afternoon. The447 words
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Article70 1986-07-30 11 JULY 29 Pan* Moretaal Onantol B Phi OvanMi 0.011 0015 -0.001 0.001 Angfo PM 0.0012 ««Kh 0013 ind) PMax B 0.23 -0005 Alto Con. B Picop B PtDT Son M*ual B 146 65 unch -3 Banc Patrolaum Banguat Con. B 0.0038 -***** 69 -11 Saofront 0009 12,50 unch ■070 words
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Article381 1986-07-30 11 SYDNEY: Australian share markets closed higher yesterday with continued support coming from the government's decision on Monday to reverse partly its earlier decision to impose withholding tax on widely held securities, brokers said. At the close, the All Ordinaries Index was 10.4 stronger at 1,105.1 and the All Industrials381 words
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Article107 1986-07-30 11 JULY 29 Wm Kangwon M Kio Motor 1190 2220 -10 30 CM Sugar Doobn krtd Ooowoo Corp Daewoo Dong Ah Phar Dong Sl*i Srocfc 1935 690 1*11 1561 906 1)90 •3 •30 16 -7 IS 30 Katon Ind Karoo Lang Tann Lucky Ltd OrttHid Irtwoy Pacific Owned 2231 1990107 words
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Article150 1986-07-30 11 Reuter BANGKOK: The Securities Exchange of Thailand Index improved 0.29 to 142.31 yesterday. Turnover amounted to 448,711 shares valued at 105.9 million baht. JULY Ao Khom Thai Z 145 Stam Camanr Siam Cinzant Siam CMnnt Looting 585 Mp 4 AyuAiro twwMwn Bangkok Agro-kid Bangkok Bark Bank Of Ayudhya ChoroongReuter - 150 words
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Article53 1986-07-30 11 Reuter HONGKONG shipping magnate Y K Pao is arranging for British and West German companies to invest US$2.7 billion to equip a new steel plant at Ningpo in East China. The People's Daily overseas edition said the plant would have an annual production capacity of threeReuter - 53 words
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351 1986-07-30 11 Reuter THE TUNG shipping group, whose public company was the target of a petition last week, is likely to face further moves to wind up its operations, creditors said yesterday. They said creditors with small but unsecured exposures to the Tung operations were expectedReuter - 351 words
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143 1986-07-30 11 Reuter JAPAN'S Department Store and Large Supermarket Sales Index (base 1980) rose a preliminary 0.8 per cent to a seasonally adjusted 130.7 in June from 129.7 in May, when it fell 0.3 per cent from the previous month. The Ministry of InternationalReuter - 143 words
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216 1986-07-30 11 Reuter JAPANESE investors who convert yen into dollars to buy US securities are wary of making fresh purchases at the Treasury auction to be held from Aug 5 to 7. Traders said yen converters were unlikely to show strong interest at theReuter - 216 words
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Article92 1986-07-30 11 Reuter NIPPON CREDIT BANK Finance NV will make a public issue of USHOO million in 8 per cent bonds which will be used in an interest rate swap. Lead manager Nippon Credit International said on Monday the seven-year bonds, priced at 101 per centReuter - 92 words
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Page 11 Advertisements
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Advertisement702 1986-07-30 11 ii Wiiere to wine, dla« and «iMaiR m Vkriety. With Quality Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money. Only $14+ per adult and $B++ per child for a delightful meal. Or select your favourite dishes from our a la carte menu. 405702 words
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RAW MATERIALS
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Article225 1986-07-30 12 Reuter WHEAT FUTURES on Monday were higher at the close of a quiet session on the Chicago Board of Trade, climbing 3-3/4 US cents to 3/4 cent a bushel. December rose 2-1/2 cents, closing at U552.63-1/4. The market was buoyed by anticipation the US federal government would expand theReuter - 225 words
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Article208 1986-07-30 12 Reuter SOYBEAN FUTURES on Monday were mostly higher at the close of a quiet session on the Chicago Board (o Trade, ranging one US cent a bushel lower to 1/1-2 cents higher. Concern that a continuation of hot, dry conditions in the midwest is damaging the soybean crop in•theReuter - 208 words
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Article197 1986-07-30 12 MALAYSIAN crude palm oil prices yesterday slipped from Initial highs but still closed steady after early sentiment was aided by firmer overnight Chicago soyoil futures, dealers said. They said talk of low RBD palm oil offers following Pakistan's enquiries prompted renewed selling interest. Aug deliveries in the south197 words
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Article81 1986-07-30 12 Reuter THE PBICE da m the Kaala Lampar Ha Market yesterday recovered five eeats to elsse at MH4.19 per Hl* la tall trading, imlm said. The saudl taraever sI toaaes, against 91 ea Meaday, reflected bayer —wllMsgaess to twJeJiecevered their peslttoas. Dealers said sellers were alse sidellaed, awaitingReuter - 81 words
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Article149 1986-07-30 12 Chincit Produce Robusto 20/25% FOB NSW 475.00 Sellers' noon doting pi My 29 (S$/100 kg). Coconut oil Bufc FOB Old drum FOB New drum FOB rices on 43.00 56.00 60 00 Nutmeg 110 FOB NSW BWP FOB NSW Gombier FOB NSW 1355 00 1256 00 330.00 Copra Mixed149 words
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Article66 1986-07-30 12 Bangkok Broken Rice (US$/tMM. FOB) A-1 Super 120 Whit* Rice 255 A-1 Special C-1 Sp«aai 117 unq 100% 1st clou C-1 Ord unq 100% 2nd class 100% 3rd doss 220 215 Loonzain Rice 100% Is* grade unq 5% 205 100% 2nd grade 215 10% 200 100% 3rd grode unq66 words
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Article301 1986-07-30 12 RAS prices m S ceett/kg, FOt m b ales NOON CLOSE Irrt 1 RSS Prompt 176 50 177.50N 174.50 I75.50N Int 1 RSS Aug 86 176 00 176.50 174.00 174.30 Int 1 RSS S«pt 86 176 50 177.00 174 50 175.00 Int 2 RSS O P 172.00301 words
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Article88 1986-07-30 12 (ccnts/kft, 1-ton p o4Un) AUG 86 SEPT 86 (currant month) /i a irofworo month) NOON NOON c RAS Imnn BMVS Scllcn SSR 20 160.00 I62.00N 160.50 I62.50N SSR SO 157.00 I59.00N 157 50 159.50N MRELB Bwyara Bwyen Stttin SMR CV 240.00 *****N 241 00 243 00N SMR88 words
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Article1037 1986-07-30 12 Reuter COFFEE ROBUSTA COFFEE futures on Monday ended easier, having traded in a narrow range with the lack of fresh fundamentals restricting activity, dealers said. Contracts closed £14 to £1 a tonne easier and little changed from midday levels, with the New York market opening as expected. FuturesReuter - 1,037 words
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Article262 1986-07-30 12 Reuter SINGAPORE THE MARKET yesterday closed lower with August One RSS buyers quoted at 174.00 cents per kik>, down three cents from Monday. In the TSR 20 market, trading was very quiet throughout the day and prices were marked down due to lack of interest, dealers said. TSR 20Reuter - 262 words
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Page 12 Advertisements
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Advertisement872 1986-07-30 12 Ckmicalßavk Chemical New \brk Corporation and Subsidiaries Head Office: 277 Park Avenue, New \brk, *****. ConaoMatod Balance Sheet (In thousands U.S. dollars) December 31 1965 1984 Cash and Due from Banks Interest-Bearing Deposits in Other Banks Federal Funds Sold and Securities Purchased Under Agreements to Resell Trading Account Assets Net872 words
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SHARE INFORMATION
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Article, Illustration3963 1986-07-30 13 A RESURGENCE of interest in speculative Malay-sian-baaed issues, coupled with continued institutional backing among local heavyweight blue chips, helped keep the Singapore stock market buoyant throughout the day. After gaining 7.38 points at noon, the Straits Times Industrial Index ended 10.53 points higher3,963 words
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Article222 1986-07-30 13 SINGAPORE ta 9 < Kites ICS 535 FELS 316 S f N 805 Cnhi 50* 334 F ft M 735 OC C 710 0 B S 690 M Mum 372 >!■> i tm* 236 Nf MM 56 bataa 90t 22B Mm 212 UOT 390 Mat Imi 388222 words
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Article2728 1986-07-30 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of SI ngapore yesterday with the number of riiani traded Aon in brackets la tots of 1.000 units unless otherwise specified. All Time Settlement Contracts are Sad after the ward2,728 words
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Article108 1986-07-30 14 HONGKONG Hongkong Index Tuesday 1161.18 Monday 1154.68 Week ago 1118 39 Hong Song Index Tuesday 1860.01 Monday 1847 29 Week ago 1791.53 All Industrials Tuesday 1757.2 Mondoy 1742.0 Week ogo 1807.6 NEW YOftK Dow Jones Monday 1773.90 Friday 1810.04 Week ogo 1779.11 TOKYO Nikkei Averege Tuesday *****.94 Monday108 words
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Article254 1986-07-30 14 MonoMrs' prices for Jury 30 Singapore Unit Trust The Commute* 0 82 0 88 The Savngi Fund 074 0 80 S'pore Prog Fund 0 34 0.37 S'pore Sec Fund 0 50 0 64 S'pore Invest Fund 0 54 0 59 S'pore Equrty Fund 0 41 0.45 Asia Unit254 words
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Article863 1986-07-30 14 SHARE PRICES were marked down at the outset yesterday, chiefly under the influence of Wall Street's sharp fall on Monday. At 0821 GMT, the FTSE 100 Index was 12.5 down at 1,536.7. On Monday, the FT 30 Index edged up 0.1 point to close at 1,263.8 while the863 words
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Page 13 Advertisements
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Advertisement20 1986-07-30 13 KL market report, Business dons on ths KLBE, Psfls U M anagers ust anage BT shows you how every Monday.20 words
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Page 14 Advertisements
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Advertisement1398 1986-07-30 14 A Bangkok Bank Limited (INCORPORATED IN THAILAND) BALANCE SHEET AS AT DECEMBER 31, 1985 LIABILITES AND SHAREHOLDERS' EQUITY DEPOSITS Demand deposits Savings and time deposits Deposits in foreign currencies Total deposits DUE TO BANKS interest bearing DEMAND LIABILITIES BORROWINGS Domestic borrowings Foreign borrowings Total borrowings PROVIDENT AND PENSION FUNDS (Note1,398 words
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COMPANY NEWS
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Article, Illustration248 1986-07-30 15 RAMESH CHAHDIRAMANI - w By RAMESH CHAHDIRAMANI AVID READERS of this column know that I have been holding out the ST7IO as a major support area strong enough to hold the market on the downside. That has come true. Ever since it topped out at the previously248 words
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527 1986-07-30 15 IN ITS LATEST MOVE to integrate the activities of subsidiary and affiliated companies, Over-sea-Chinese Banking Corp has proposed a scheme of arrangement which will turn propertyowning and investment holding company Singapore Building Corp Ltd into a fully-owned unit. OCBC, which together with527 words
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Article439 1986-07-30 15 FRESH BUYING support caused share prices to advance across the board at the Kuala Lumpur stock market yesterday in (airly active trading. Buyers came out in full force, causing most counters to close a few cents higher. Situational issues in particular were doubledigit439 words
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Article, Illustration594 1986-07-30 15 NAJEEB JARHOM - Riding on the crest of improved shiprepair business By NAJEEB JARHOM THE BETTER-THAN-expected recovery in the local shiprepair business is strongly evident in the half-year results posted by Sembawang Shipyard Ltd. From a net loss after tax of •16.06 million in the first-half594 words
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440 1986-07-30 15 CHAN OI CHEE - By CHAN OI CHEE MALAYA TIN PRINTING is still trying to put together a detailed financial plan, which would inevitably involve the divestment of certain assets, to be presented to its creditor banks. "Malaya Tin Printing (has) put forward some definite proposals to substantially440 words
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258 1986-07-30 15 LOCAL CONSTRUCTION group Lum Chang Holdings has taken a US$3O million syndicated loan to finance the construction of Its Guangzhou hotel, Its first venture in China. The lead manager of the loan is Toyo Trust and Banking Co Ltd. The seven other participating258 words
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Article2210 1986-07-30 15 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTRMLS Aom (1606 1645H1) 160 xd Aiwomoto (2905) AMD (29662,210 words
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Article115 1986-07-30 15 GENERAL CORPORATON Berhad: 17th AGM at Bunga Kenanga Level 3, Pan Pacific Hotel, Jalan Putra, Kuala Lumpur, today at 10.30am. HARRBON8 MALAYSIAN PLANTATIONS Berhad: 10th AGM at The Theatrette, Ground Floor, Bangunan MIDF, Jalan Tun Razak, ***** Kuala Lumpur, on Wednesday, August 6, at 11.30am. PR ASS NEAVE115 words
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LATEST RESULTS
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Article99 1986-07-30 15 Fat: the half year to end-June IMS, pre-tax profit was M9SJS million (M 54.78 million previously) on tuiuuvei of MHU9 million (MHB.BO million). After tax, attributable profit was M 52.69 million (Ms 2.« million). Earnings per share work out to 9J cents (nine cents) and an unrhsnged99 words
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Page 15 Advertisements
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Advertisement318 1986-07-30 15 NOTICE Jo Mm holders of the U.& >100,000,000 Floating Roto Notes Duo 2001 oft :TM M|:n OF HUNGARY (Magyar riofnzon dcmikj '/I »I|W TrJ|^-M.W-BUDAPEST V.H-1850, HUNGARY We hereby certify that the rate of interest payable on the above mentioned Floating Rate Notes for the Interest feriod beginning on 30th July318 words
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667 1986-07-30 16 MONICA GWEE - By MONICA GWEE REPRESENTATIVES from private sound and video production houses arranged a special meeting on Monday night at Times House to "discuss" SBC Enterprises Pte Ltd. They said they wanted the Singapore Broadcasting Corporation to "come out of the closet"667 words
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Article, Illustration425 1986-07-30 16 GOH YEE LING - By GOH YEE LING SBC ENTERPRISES Pte Ltd, the private company formed by the Singapore Broadcasting Corporation to run its commercial operatiofas, will have to account for its costs and expenditure like any other private entity. It will not be entitled to "freebies" from its425 words
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217 1986-07-30 16 AFP THE THIRD WORLD lost out in last year's increased international trade, and continuing weak commodity rates mean that thane is little chance of an improvement in its position this year, the International Monetary Fund said in two studies published in Washington. ExportsAFP - 217 words
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237 1986-07-30 16 UPI IN THE wake of recent explosion of the space shuttle Challenger, the US Air Force has recommended the mothballing of its US$3.3 billion west coast shuttle launch complex until at least 1991, Aviation Week k Space Technology magazine has reported.UPI - 237 words
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Article, Illustration353 1986-07-30 16 Reuter, AFP AUSTRALIAN Treasurer Paul Keating, battling with an ailing economy, promised yesterday to use next month's annual budget to help set the country on the road to recovery. He gave his assurance a day after he stunned financial markets with a packageReuter,; AFP - 353 words
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120 1986-07-30 16 Reuter IF HE IS GIVEN another fouryear term as prime minister, Prem Tlnsulanonda is expected to name a new finance minister to succeed Sommai Hoontrakul. Mr Sommai said recently that he wished to rest after the general election. He was picked by MrReuter - 120 words
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325 1986-07-30 16 Reuter THE BANK OF AMERICA, responding to press reports alleging Wnaiwiai malpractice at its Jakarta branch, has said that the Indonesian police are investigating an alleged fraud scheme but has denied any wrongdoing. In a letter to the Jakarta Post, bank vice-president WilliamReuter - 325 words
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371 1986-07-30 16 MBT MALAYSIA'S United Asian Bank (UAB) has proposed a huge capital injection of M 5152.49 million through a two-for-one rights issue at Msl a share. This exercise will raise its paid-up capital from M 576.245 million to M 5228.735 million. Its director and management committeeMBT - 371 words
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544 1986-07-30 16 SOH TIANG KEHG - *1 SOH TIANG KEHG, Financial Correspondent THE 1.8 per cent decline of the Singapore economy last year does not reflect any future weakness of the ecooomy. Instead, It Is due to "structural forces" which the country should easily overcome. This was how Coopers and544 words
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160 1986-07-30 16 UPI CHINA was yesterday "studying" a call by Soviet leader Mikhail Gorbachev for improved relations between the two communist rivals, including cooperation in space exploration. "We are studying the speech made by Mr Gorbachev on July 28," a Chinese Foreign Ministry spokeswoman said.UPI - 160 words
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Article92 1986-07-30 16 Reuter GOLD FUTURES dropped on profit-taking and producer selling yesterday morning following Monday's robust gains of US$7. Gold for delivery in August fell US$2.9O at USS3S2JO an ounce. Analysts said the selling by producers surfaced in Hongkong and carried over to the London market. Silver futuresReuter - 92 words
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Article66 1986-07-30 16 Reuter US STOCKS drifted lower from Monday's big decline after a stronger opening yesterday, as traders focused on the set of bearish fundamentals that led to sharp setbacks this month. A mild downturn in interest rates failed to divert attention from Monday's big rise in rates. TheReuter - 66 words
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LATE FILE
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Article47 1986-07-30 16 AFP CAMBODIA yesterday called Cor "urgent aid" from foreign countries and international organisations to overcome an expected food shortage. Agriculture Minister Kong Sam CM said he was expecting a four- to six-week food shortage between now and the end of the year.AFP - 47 words
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Article56 1986-07-30 16 Reuter FRANCE decided yesterday to push ahead with a controversial Franco-German trievision satellite programme but also put the oons on private industry to supply capital. The TDF-1 direct broadcast television satellite will be launched next year in spite at fears in the Telecommunications Ministry that theReuter - 56 words
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Article40 1986-07-30 16 AFP CHINA'S inflation rate averaged 5.5 per cent in the first six months of the year. Inflation declined from a high of S3 per cent In January to a low of 3 per cent In June.AFP - 40 words
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Article43 1986-07-30 16 Reuter US VICE-PRESIDENT George Bush yesterday called for a summit meeting oetween Israeli rnnie Minister Shimon Peres and Jordan's Hussein. "The visit of the Prime Minister to Morocco might facilitate that/' Mr Bush said in southern Israel. RenterReuter - 43 words
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Article31 1986-07-30 16 Bernama THE INDONESIAN authorities have stepped up petrols in the Straits of Malacca sad along the KsHmstan-Sara-wak banter to prevent illegal departures of Indonesianworkers lo Malaysia. Ber-Bernama - 31 words
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39 1986-07-30 16 UPI SWISS holds leglslered a 29 per cent drop in American visitors in the first six months this year. Officials attributed the decline to security fsars, combined with the weakness of the US dollar. UPIUPI - 39 words
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Article51 1986-07-30 16 Reuter A REPUBLICAN Congreaswb will introduce a constitutional «ih—Hih—it to allow Piesident Reagan to run far a third term in 1988. Rep. Guy Vaster Jagt of Michigan said Mr Reagan's "unprecedented approval rating indicates that there is support far the Piesidfiit to run again."Reuter - 51 words
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Article52 1986-07-30 16 AP A FRENCH economic delegation is in Teheran seeking to resolve a dispute over a USgL2 billion Iranian loan to France made in 1974 (or the construction of a nuclear fuel isnifssing plant Ayatollah Ruhollah Khomeini's government has demanded that France repay the money, frozen inAP - 52 words
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Article28 1986-07-30 16 UPI PRESIDENT Coraxon Aquino's trip to the US has been advanced from September 17 to September 15 and will last eight days. UPIUPI - 28 words
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Page 16 Advertisements
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Advertisement133 1986-07-30 16 Keep yourself constantly intonnen of the latest developments In Japan's Steel industry tqr npdarfy subsoibjif to lEE JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price133 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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273 1986-07-30 17 AP THE GREEK supertanker Polykon has been crippled by an Iraqi exocet missile near the Iranian Kharg Island oil terminal in the Gulf, marine salvage executives in Bahrain said yesterday. They said it was the third time in 18 months thatAP - 273 words
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474 1986-07-30 17 JUNE LIM - By JUNE LIM OFFICIALS OF THE Federation oT Asean Shippers' Council are dissatisfied with the outcome of a meeting which they had with the representatives of the Asia North America Rate Agreement, Anera. The two sides met for nearly three hours last Friday474 words
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143 1986-07-30 17 Reuter PAKISTAN'S cotton exports are likely to face tougher competition following a decision by four foreign-owned shipping firms to raise freight rates 20 per cent in September, cotton dealers said. The companies decided to rise their rates by US$B to US$5O perReuter - 143 words
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180 1986-07-30 17 Reuter DEALING ON the London Stock Exchange in the shares of VSEL Consortium PLC, a warshipbuilding company, will begin tomorrow, the company said in a statement. The company was formed after a manage-ment-led consortium bought out Vickers Shipbuilding and Engineering Ltd from theReuter - 180 words
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PORTSIDES
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Article49 1986-07-30 17 Reuter FIVE SHIPS carrying general cargo are awaiting berth at Chittagong and there is a maximum delay of six days, port officials said. Twenty vessels are unloading food grains, bulk oil, cement, salt and general cargo and three others are loading Jute goods. ReuterReuter - 49 words
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Article75 1986-07-30 17 International Transport Journal THE INDIAN government has rejected the plan for the construction of a large container terminal in Cochin. The terminal, in which reportedly Dutch interests would have participated, was projected as a transhipment centre and would have required investments of Rsl billion (US$800,000). ItInternational Transport Journal - 75 words
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Article101 1986-07-30 17 AFP MYSTERY SURROUNDS a US registered yacht, the Elusive Butterfly, found on Sunday empty and adrift off the coast of Trengganu state, northeastern Malaysia, a police chief said. Regional marine police Chief Captain Abdul Halim Othman said police had impounded the yacht and were looking forAFP - 101 words
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Article1263 1986-07-30 18 CHARTERING remained very quiet in all sectors of the London freight market on Monday with little obvious change in prevailing rates. A further slight easing could be seen in the US Gulf-Japan grain rate when the Korea Shipping Corp worked 52,000 tons aboard the August loader Jiao Zhou1,263 words
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823 1986-07-30 18 The fortunes of shipbrokers are intrinsically linked to those of owners. As Hongkong owners like their counterparts elsewhere are going through a bad patch, the broking sector has suffered likewise. A few broking companies have been forced out of business. ButLloyd's List - 823 words
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196 1986-07-30 18 Kingsley Wood - Will By Kingsley Wood WESTERN AUSTRALIAN Stateships is to extend its coastal service between Fremantle and Darwin to Lae and Port Moresby, with possible calls to Indonesia in future. Premier Brian Burke says there will be no capital outlay but intense studies revealed that the196 words
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67 1986-07-30 18 Reuter AMOCO MARINE Transportation Co is negotiating with Hyundai Heavy Industries Co Ltd on a plan to build two to four 80,000deadweight tonne oil tankers, a spokesman for Hyundai said. "We have begun talks with Amoco about pricing but Amoco is still weighingReuter - 67 words
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453 1986-07-30 18 Fairplay NEWCOMER Ocean Star Container Services of London (operating as OSCL) has )ust completed its first round-the-world container voyage. Running US east coast New Zealand and Australia, Mauritius, Mediterranean east coast US, the monthly service is filling a gap in the container linerFairplay - 453 words
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Article916 1986-07-30 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlos Line X 3 ANL 1 1/2 APC Line V 4 APL M 2/3 ASCL HI 1 Bolt-Canada Line916 words
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259 1986-07-30 18 AFP A DANISH underwater treasure hunter claimed in Aalborg, Denmark,that he had found the wreck of German submarine U-534, which historians say was loaded with gold and diamonds when It was sunk a few days before the end of World War n enAFP - 259 words
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Article175 1986-07-30 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" Tin» Korean Shipping Corporation Nentune Orient Lines OrWtOverseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta175 words
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352 1986-07-30 19 Kingsley Wood - -Mr Kingsley Wood AUSTRALIA'S trade interests would be best served if national and foreign-owned shipping have equal opportunity in law to compete for cargo, according to tne Australian Shippers' Council. ASC, which represents shippers in rate negotiations with conferences and, where possible, with352 words
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387 1986-07-30 19 UPI A MAJOR CRUISE ship operator, citing its fear of terrorism, says its ships will avoid Europe, Africa and the Middle East next year and eliminate stops at all ports outside the Caribbean in 1908. "No one at the expert level isUPI - 387 words
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Article803 1986-07-30 19 AFP DISMAL conditions persisted over the past week on the freight market, where early activity in the coal and ore sectors soon died down to match the virtually stagnant grain trades. The Baltic Exchange Freight Index fell to an all-time low of 566.5 points, reflecting the market's dilemma.AFP - 803 words
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Article128 1986-07-30 19 THE SEARCH FOR nine people reported missing at sea since Saturday has been intensified with the deployment of more helicopters and a navy ship. The search teams are also worried about the shortage of food and water on board the 18seater fibreglasc boat A military128 words
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5907 1986-07-30 24 aaanma A guide to ships loflding Rt 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 of5,907 words
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Article891 1986-07-30 25 RECEIVINQ OF EXPORT FCL CONTAINERS AND LCL CARGO Odns FCL Arrival LCL movomont Ship Voy data/timo Operator cargo ■chodulo Location Ming Comfort Sco Howk 24W 30.7.86 2359 Malay St F1 1400-1600 W4 8631 31.7.86 0030 Eastern M F7 1430-1630 L6 L7 iris Ac* 21B 31.7.86 0100 Sunshtp F1891 words
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Page 17 Advertisements
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Advertisement550 1986-07-30 17 UH s Concise Comprehensive Contemporary rasssx. E9FEDBUL OOCL ORIENT Ovbqeas CttiaJtm LINE WMK MM MDUS (Nog. lb. 242*4/ 00K) 200 CMtoaawt Km 4 #12-05 Sovtkpoat. Sapport 0201 T«l *****11 TUB NO IS ***** crs oefke *****11 Twmml oMct *****11 TU J 7IB Tria MS 8A***** PENANG TU (***** TUU NO550 words
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Advertisement66 1986-07-30 17 SHIPBROKERS in Hongkong ore looking to China os o key potential market and a solution to difficult times being experienced in the territory. Page II AUSTRALIA'S trode interests would be best served if notional and foreign-owned shipping have equal opportunity in low to compete. Page 111 Index to advertisers II66 words
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Advertisement415 1986-07-30 17 'I THE HEART OF THE DRAGON MAERSK LINE T AYS AYS AYS BYB Voy IS* port ai. ;iaii .31 T■! i o—| Tw as- J/iawi CT 4/1 lttt M sa 23a 2«a 2ia in *n u/i 3ia sia 2a *a ua 19/S C/t V* 11/1 IV* Ma 2VI IV* H/l415 words
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Page 18 Advertisements
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Advertisement194 1986-07-30 18 ■> i. V Q T TAT ft YAMASHITA-SHINNIHON LINE J_ m J m H JJJ TRANS-PACIFIC SERVICES I ffi rr mm ni* rrm m rrm T. >a..* m EMEM iJiL-BRMBMEM piHi InariTmrann JTMI'/.ib'ib pyfMrr»^™" "<'l ■iMCT tCTWßgliPill rri noi LCL Cargo MIMA Ports. MIDDLE EAST Full Container Service (A member194 words
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Advertisement146 1986-07-30 18 Supercarrier Service u.ujjm MUIM Wi'j. i J u .jfljj -u D 1 "M I It/lißi L/tIM KHM t'J IMb (Ml), 1 fiwdw. < fcaba Caracao. Bntptoam. St Georges. GeoffHown tioie Puerto lam. San lose. Pi t MM Stockton ato San Btoge L Angries. Chariastoa to Ml m. PM«skwt fwt til146 words
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Page 19 Advertisements
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Advertisement515 1986-07-30 19 V? The Straits Steamship Group Mansfield Container Shipping Pte Ltd E STRAITS SHPPMG 1-K i*- l Bnmai Porta and Bangkok OvtrNM Containars Limited AiMERSHIP SERVICE TO U* CONTItfI CONT COM GULF TRAL* IAINfRSHIP SERVICE F ROW UK CON I NE NT nMlki La Hi S*tH If MM UMIMIM W IMIMiS515 words
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Advertisement428 1986-07-30 19 Franco Belgian Services y> H MEMBEH OF ACE CONSORTIUM L J '.J CHARGEURS HAVBAISE: a: vij.i'./ti'i.: M UM UM ISM 17 M (7 M 0 t ISM UM MM MM MM (M M 0 U BM MM V M MM JIM (H IS I MEB CLUB MEMBER) 1 ft* |Ml428 words
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Page 20 Advertisements
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Advertisement258 1986-07-30 20 w mm m Hapag-Lloyd fO CONTINENT UK EXPORTS FROM N CONTINENT KUK IMPORTS IMmSM N I>n Ml MM M 34/7 MR. K. M M M M M M M M/ 7 1/1 3/1 5/1 6/1 l/l J/l 11/1 lVt 14/1 li/l 17/1 17/1 H/l »l 8/1 2VI h/i iM a/i258 words
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Advertisement403 1986-07-30 20 J FULLY CONTAINERISED S ERVICE W r-|hfl I' 1 th? 111 HJROPf VIA Silt. J Mftihpi ut A t rOM tUROPf VIA SUf urnif arrow n M Si KIM "'MI Hl't A' CONVENTIONAL SERVICE TO IRAN PERSIAN GULF JU MUD MCIUS ACI3 3/1 MOSIBON *31 l/t cmrnt BED 92 24/1403 words
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Advertisement176 1986-07-30 20 at Hui Sun //up Co (f*fe) rJ t I \M! R < R II !I D STRAITS/ J ARAN/ STRAITS SERVICE SPFCIAI IST IN RO-RO HFAVY I IF IS rotTS, SttJECT INTERMARITIME LTD L IM* <9* k§mi) M 221SM Marti (ft* Aprt) M REUNION/SOUTH AFRICA SERVICE fin n an a176 words
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Advertisement798 1986-07-30 20 o EVERGREEN Full Container Serve? Round-The-World East Bound (FE/C ARIB/USEC/FURO/FE) 1 >r L nn vt vt l/l 12/1 U/l 1V« lvi M/I M/I n/» 21/ a n/t nn nn a/i i/i i/» vi VI 12/1 M/l M/l 11/ l 1V» lft/l 1V» 2/1 VI VI VI IV» IV» a/i tvi798 words
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Page 21 Advertisements
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Advertisement537 1986-07-30 21 PACIFIC INTERNATIONAL LINES T W»\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Teh *****33 v FAR EAST CONTAINER SERVICE HKQ KAO *TCH KK MM W *HJC YOK KM i/i i/i vi M 7/i ii/t 22 £2 1M 1«/« 17/f tt/» IM W» W* v MY SIN MM 17/1 MM537 words
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Advertisement573 1986-07-30 21 BENLINE CONTAINERS n/t a/9 4/9 U/9 13/9 22/9 21/9 U/9 VU 7/19 14/19 11/19 29/19 22/19 29/19 M/ 19 EXPRESS CONTMO SERVICE TO Itwmi !iprtt> W faM faM bM SM Oufcj 9*T 29/9 29/9 29/1 U/9 2/9 ALL VESSaS ACCEPT TRAM TO/FROM PENANG AND EAST CARGO PORTS KkJJEBSEN LINE Wk>573 words
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Advertisement363 1986-07-30 21 IS a M ITT mm EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE I I-wt Imm k tm/rtm HWi/Hh mam nt-mi rte/t I 1/11 c/io vii ISTOK I HMO KIO I a/» I 17/ It It/II 23/11 a/i 117/u K/ii rfm |no aiw/i 24/9 VM C/M 23/11 21/11 mac li/u I363 words
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Advertisement166 1986-07-30 21 BOUSTEAD SHIPPING AGENCIES Loadhc fir rp« pJMm 31 M/l *-< V4H* 2/4 Aa| m M/l < TMMiTiy SAMOA VS 11/1* M/ll 25/11 21/11 CLYDEBANK VltS Spa* lt/t FORTNBANK ¥17S Span 22/9 (FUG parte fart Mm*y/IMi/R*MV«Mta/lM) HTUNDA MERCHANT MARINE FAR EAST/NEST AFRICA SERVICE many «m at lacos m ran mkokd MARIS166 words
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Page 22 Advertisements
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Advertisement790 1986-07-30 22 1 USA CANADA *11MIKJEIML(««~« ti» www E\'K"line KAWASAKI KISEN KAISHA, LTD. STOK U 19 ta| 5 Sep It tac 11 Sep 21 km 22 Sep 2 Sep 27 Sep PACIFIC NORTH WEST T/S Mff SEA VCI riMD (TK)2* MK 29 AIK 31 MK 2 PACIFIC SOUTH WEST ■mn t/sran la/lb790 words
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Advertisement290 1986-07-30 22 rcura. UMf Vtu* S port M ta S# too Keen RAMDAS V 24 10 Aa| Aa( J S*t IS* MM/>m tMNODAS *21 2 Sept 17 S*t» S*t 2«S*»A*I/Rra HAMOAS' *30 21 Sa»l t Oct IS Oct 13 Oct AM/»m RAMOAS *25 It Oct 25 Od 3 *>« 1 Ho. AM/lm290 words
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Advertisement383 1986-07-30 22 PJQJN6 VI Kfl LU I 22/1 2J/I IZM 22/1 21/9 »/1 I 7/W VU U/l* U/M 7/1 |W1 11/1 2M 22/1 GUAN GUAM SHIPPING SDN. BHD. P. RUNG T* U-3M7MI. 3KS2M-7. T*n NK MA ***** POME M 9441)417. C254M pasm mm orbit now wmhm nnuwi P.T PERUSAHAAN PELAYARAN V KALIMANTAN383 words
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Advertisement281 1986-07-30 22 o BREAKBULK SERVICE TO EUROPE7UK M PHII lIRON SHIPPING AGENCIES PIE I IE) P t R "Mil I iy, mm vt vtwt wtwt. VI r 3*^V-■u'.'n' l '7,vT Ultra. i,i «r —ra ■lq 1. 1' 1 A mi I EXPRESS FCL LCL SERVICE TO PORT LOUIS :k num. QQQQ TSR-M/RO281 words
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Page 23 Advertisements
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Advertisement430 1986-07-30 23 vim, KFIWC MEMOES m. LlPm■> a. era mm vmn vmm rmw tmSv *****22 *****53 vmrtims mm zmut .NEPTUNEORIENT LINESIJD r nam »i- in i! 'j TO EUROPE/UK (VIA SUEZ) at tum>»+ H*****/24M134/*****3S 015M9/*****5/*****0/*****1/*****2 PJMMI S>M SmM 31/7 4/1) VI (11/1) 13/1 (10/0) 20/1 (25/1) 27/1 1/5) 3/9 c nr n430 words
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Advertisement364 1986-07-30 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG PENANG BUSAN INCHON VI 7/1 IVI 11/t IV* iva 11/1 jvi «k*) U/t (OH i tut a/i v» 2V*(M»i) 1/9 ii/» a/i IV! tvi A/i a/i im a/i a/i ivh ivm «> i |hi Stl 'Ni INi Its Pit364 words
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Advertisement457 1986-07-30 23 SINGAPORE SOVTT SHFPMG CO PRIVATE LID SMSOV BULDMG 55, ItaHMl Strict Stagapvt 9104 Tal; *****33 (15 Um) TnM Oflcc *****41/2 Crtte Address SMSOV SMGAPOK TMu Unbars RS ***** RS ***** RS 2510S p. kdjme rams M/S SHMUT MM MM ML MM. IST AND 2ND FLOOR. KIM M TM9MB NHR 127457 words
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Advertisement15 1986-07-30 23 Vf# ;I.sii#"V HONOKONC iTBAIfS SM W7 l/« M 7/1 12/1 14 Mi —J. M ,CJ^15 words
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Page 24 Advertisements
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Advertisement365 1986-07-30 24 irffT REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) iryiirm cncza da EH o I 1 nr*; i" imrTTa I 1 IJ 1': irrT^iTl irvirypn C2C3E2123 C3Z1E5123 L 1 Til 15 \h I HI. 11 \J' UI MALACCA STRAITS FEEDER SERVICE TIKE WEEKLY 10 PENNK/lIEEKIY TO PJffLMB/FOtnKHTIY TO KLMMN mnr365 words
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Page 24 Miscellaneous
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Miscellaneous152 1986-07-30 24 Regional Weather lo i v\t SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNMQ. LEGEND. *C cf w Wind direction with speed m knots Wove height R Thunderstorm Temperature c V Showet Weather Wmd direction with speed m knots Ran CtoodySky Swrfoce winds are indicated by arrows wfwcfi fly152 words
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Page 25 Advertisements
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Advertisement116 1986-07-30 25 ETD 31/7/86 Also accepts LCL/FCL to other destns. SMGHrac TEL *****11 (12 UKS) NIT KBJUK m 7S3SM7/S ram m mmi/mm Wi A'jM SMLJN6 ROTATNM SPQK/IMUtAS/CALCUTTA STORE/MADMS/BOMBAY SraRE/MAOtAS/TUTICORM KTEMMVE AGENCB PTE LID #2249 MIDMATMMAL PLAZA SPOK 0207 TEL *****00 TLX: ***** CHART POINT •very SATURDAY m sm UUT, JKT 242S0St/*****56/*****41/*****93 *****11/4116 words
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Advertisement222 1986-07-30 25 BENORIENT LINES LTD DIRECT SERVICE TO AND FROM CHITTAGONG Singapore Penanf ALFESWi V.4/86 10 Auf 13 Auf Gaaarai A|«nta: CONFER (SEA) SHIPPING PTE. LTD. 7*. SwMh BrWM RMtf. #M-O0 S'por* OKM. BOMBAY EXPRESS ECL LCL SERVICE LIZENA PTE LTD N m UM U/H faW COLOMH ONMUXKHT DRY OOCMK Cjuen* onoocn222 words
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Advertisement667 1986-07-30 25 Him -n TAIWAN TO SMGAPORE ASEAN WRECT WEEKLY TO PORT KELANG/PENAN6 •AT ATTRACTIVE RATES* spore pjklanc ram i HHEH vine 1/1 4/1 t SELATAM V t/t S/l 11/ l 6. SLAT Ml W 13/t IS/I r —rr N. MALAYSIA c BO FROM SOUTH-EAST-ASIA TO TAINAN, i AND THAI JMD. J667 words
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Page 26 Advertisements
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Advertisement410 1986-07-30 26 FME-LHm SUPPING (S) PIE LTD TEL: 2749*52, *****62, *****82 TLX: R*****1 FLINER r FCL t LCI 7T. r—i''.i SYD/MEL/BRB/AOEL USA/CANADA PORTS '■'l IjM, Mr AN/TAIWAN POUT i it i C4MW&IT 000R TO DOOR SERVICE REGULAR TRANS-SIBERIAN C'ONTR SEHViuc FCLACI TO: KMUL/NMUTtM/TOKM Bt/DMf A/TEH&* Pamnf P. KriMK S'P« Ma feted*i 1/9410 words
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Advertisement392 1986-07-30 26 HEAP SENG TRADING SHIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MUE TOWER TEL NO. *****22 (S LINES) TLX NO. RS ***** HEAPCO I. »:<II»j. .i.UIJ-AlPimL 3 .1: a .w>.1 V««* U/UA* ntvtm WMm U P T. UNITFD SHIPPING ORGANISATION LTD JAKARTA FAST MECT REGULM SERVICES TO NXNCSMII PORTS JAKARTA/392 words
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Advertisement477 1986-07-30 26 1* C.Y. LINE (A Htombtr Of Tha ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAMER6ED SERVICE TO EUROPE (VIA SUEZ) Mm MM Mm Vtoi few MM* a/I H/t 77/1 HI Jl/I 2/9 1/9 2/9 3/9 9/9 7/9 9/9 1/9 9/9 19/9 U/9 14/9 l(/9 15/9 11/9 17/9 2«/9 n/9477 words
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Advertisement644 1986-07-30 26 Everett Lines COMPAMA PERUANA 01 VATOtEES (Cf.V.) "PERUVIAN STATE UNE" p lute* to. Cjtor IMkm *> m* *MM fmwtm nmnii at Kate. jiß On CTV Throat Ms ot Latex ZJ Pm«* P U*i hppn J MMUVDIKTT U/U A« Jl INOMRSWn 22/23 h* W A mmkkktt i/3 s* wgl "EVERETT ORIENT644 words
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Advertisement160 1986-07-30 26 ZIM w out contjukk lk mux n n n w nn nn nn nn ttn nn munvn in vtvtvtv* Fa U u* rnmmwmm am ia/TU *mt w m\i "L 'I If S/VKII4/9/K ■ESSJ K3538C53 GOU) LEAF CMN*h«/CMM* Durban/Maputo 9«n mm Abidjan/Apapa/La P. Har/Deuab/Tema/Mwmia/Lei SJI VAAL totai/P AM/ Mi D.FS and160 words
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