The Business Times, 16 September 1986
1986-09-16
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The Business Times
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Title Section12 1986-09-16 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, SEPTEMBER 1«, 1986 75 CENTS12 words
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Article, Illustration585 1986-09-16 1 ELAINE KOH - Move a protection against winding-up action By ELAINE KOH TWO Singapore-incorporated subsidiaries of Promet Bhd have taken steps to protect themselves from winding-up action even as creditor banks of the parent company move to challenge an injunction across the Causeway. The two local companies, Promet Pte585 words
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115 1986-09-16 1 Reuter COMMERCIAL SELLING depressed the ringgit in Kuala Lumpur yesterday following Friday's devaluation of the Indonesian rupiah, foreign exchange dealers said. The ringgit fell to as low as 2.6270 to the US dollar by late afternoon after opening at 2.6150, after active selling which boostedReuter - 115 words
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568 1986-09-16 1 AMY BALAN, LISA LEE - By AMY BALAN, LISA LEE THE 45 PER CENT devaluation of the Indonesian rupiah represents a setback (or some Singapore banks and trading companies at a time when they are gearing up for recovery. There will also be some spillover effects on the568 words
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360 1986-09-16 1 Reuter Bernama INDONESIA has pledged to meet all repayments on almost US$3O billion of foreign debt after devaluing the rupiah by more than 30 per cent in response to low oil prices. National Development Planning Minister Johannes Sumarlin said that the move increased theReuter; Bernama - 360 words
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319 1986-09-16 1 SOH TIANG KENG - By SOH TIANG KENG Financial Corraapondant OVERSEA-CHINESE Banking Corporation last night announced a "four-in-one" merger of its finance company subsidiaries to streamline the group's structure and strengthen itself in a "highly competitive environment". Subject to approval by the High Court, the319 words
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Article103 1986-09-16 1 Reuter A LEADING economist has urged Indonesia to accept proposals for a South-east Asian common market and dismissed suggestions that the country would be swamped with goods from neighbouring countries if it fully opened its doors. Jisman Simanjuntak, an economist with the government "think tank" agency,Reuter - 103 words
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Article, Illustration185 1986-09-16 1 SHARE PRICES finished lower for the second consecutive trading day yesterday although some buying interest in the afternoon helped to lift most counters from their day's lows. Among the dampening factors were the Indonesian rupiah devaluation and fears that the Malaysian ringgit may follow suit.185 words
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Article, Illustration313 1986-09-16 1 NST THE MALAYSIAN government will announce a number of new steps to revive the country's economy in a week or two, according to Deputy Prime Minister Ghafar Baba. The announcement will be made byNST - 313 words
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112 1986-09-16 1 Bernama MCA deputy president Datuk Lee Kim Sai will continue to criticise Malaysian government officers who deviate from the concept and implementation of the New Economic Policy. He said yesterday that he would stand by whatever remarks he had made on the matter although heBernama - 112 words
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Page 1 Advertisements
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Advertisement48 1986-09-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM CASUAL-CHIC t A 0 i JTL. MADE IN ITALY WjCAXPtMA sole Aam. High fashion casual wear milano V* J. MA SPORT (S) PTE LTD T«t 7*B 4983 Thr: RS 204 M SPORT Available OG People s Park. OG Elite and OG Orchard48 words
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Advertisement235 1986-09-16 1 mm LETTER MONEY A EXCHANGES RAW MATERIALS AMCRAFT SCHEDULE TV 4 RADIO OUR VIEW LAST WEEK's ottock on Chileon President Augusto Pinochet was dastardly, but it pointed to basic problems in the country's politics, marked by the State's use of extreme terror. This might be a good time for the235 words
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Advertisement54 1986-09-16 1 Devaluation a brava mova, Back Pag* Cartier jewellery is sold exclusively in the Cartier jewellery stores and Les Must de Cartier boutiques Each piece is accompanied by a certificate guaranteeing its authenticity. mu/t" do Cartier boUique SINGAPORE #01-36, Lucky Plaza, 304 Orchard Road Tel: *****27. #01-04, Hilton International Singapore. 58154 words
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Advertisement9 1986-09-16 1 _kjj Full report, Pago 19 Asian stocks, Pago 119 words
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HOME NEWS
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591 1986-09-16 2 ANNA TEO - Manufacturers gear up for year-end US demand By ANNA TEO MORE television and audio products will continue to roll off the production lines this year as manufacturers gear up to meet the year-end "bonus" and Christmas season demands of the American market. "Very591 words
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Article112 1986-09-16 2 WORK ON WIDENING the one kilometre stretch of Still Road stretching from Changi Road to East Coast Road will start this November. The existing two-lane road is to be made into a three-lane dual carriageway. The Public Works Department is calling tenders for the contract which112 words
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316 1986-09-16 2 TAIWAN'S textile manufacturers have set their sights on the Asean market. With protectionism on the rise in the United States, the Taiwanese are looking at the Asean region as a growing market for their products. Mr C T Lee, chairman of Taiwan316 words
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282 1986-09-16 2 WORKERS at the Petrochemical Complex do not want a repeat ot a recent situation whereby they were not consulted on a wage freeze. They like to be consulted on matters which affect them and it is with this aim in mind that they282 words
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Article140 1986-09-16 2 FOLLOWING yesterday's report on changes at Rediffusion, the company wishes to point out that while the new managing director, Copes take, will initially betoaed in Kuala Lumpur, the company will continue to be run from Singapore. The $1 million reduction of costs reported in the article by140 words
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313 1986-09-16 2 BOEY KIT YIN - By BOEY KIT YIN THE WORKERS' PARTY (WP) plans to set up committees to promote its activities in all 79 constituencies within two years. It will also start a membership drive to strengthen its position by mid-1968 when general elections are due. This strategy313 words
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Article174 1986-09-16 2 THE WORKERS' PARTY has been cleared to open a bank account and handle its own finances once more after almost four years of having an Official Receiver manage its finances and assets. Secretary-General J B Jeyaretnam disclosed yesterday that a High Court order was made174 words
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Article, Illustration257 1986-09-16 2 KEISUKE TOMTJRA has been appointed by Nippon Kokan KK Singapore to head its research and steel product marketing department. Mr Tom lira, who takes over from K MABU, will be responsible (or the Asean region as well as India, Korea, Taiwan and the Oceania. Mr Tomura joined257 words
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315 1986-09-16 3 LISA LEE - By LISA LEE MANUFACTURERS exported about $32 billion of goods in the first eight months of this year, a drop of 6.6 per cent from last year. However, Singapore's imports between January and August, at $36.1 billion, also fell by 6.5 per315 words
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Article99 1986-09-16 3 THE National University of Singapore's Department of Extramural Studies is holding a seminar on the Singapore and Malaysia stock markets on Sep 20. The programme for the three-hour seminar includes the present state of the Singapore and Malaysian economies, the outlook for the next six months and99 words
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113 1986-09-16 3 SINGAPORE Petroleum Company has revised its wholesale prices for petrol. Premium grade is now up 3 US cents to U5559.30 a US gallon and intermediate up 3 US cents to U5551.50 a gallon. Last week, Shell adjusted its wholesale prices for premium and intermediate113 words
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118 1986-09-16 3 THE FORD Foundation has donated US$l million (about S$2J million) to the Institute of Southeast Asian Studies for a Research Programmes Trust. The trust will enable the institute to continue its research programmes and publications on international and regional economic and security118 words
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Article86 1986-09-16 3 THE OVERSEAS Union Bank will cut its prime rate by a quarter point to 6 per cent tomorrow. Interest rates on. savings and fixed deposits will also be cut. The Premium Savings account will now earn 4 per cent while interest on its GRO account86 words
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Article139 1986-09-16 3 WITH A WEEK to go before the 56th meeting of the American Society of Travel Agents (ASTA) gets under way, some 4,000 delegates have already signed up. The ASTA meeting, from Sep 21 to 27, will be one of the biggest events to take place in139 words
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203 1986-09-16 3 EIGHT senior executives of local furniture manufacturers have left for an 18day business development mission to Europe to explore business opportunities. The Small Enterprise Bureau of the Economic Development Board (EDB) is providing up to 50 per cent of the mission's approved expenses203 words
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Article, Illustration499 1986-09-16 3 LIM SOON NEO - By LIM SOON NEO THE GOVERNMENT is committed to the development of Singapore into a major trading, storage and distribution centre for oil and oil products, said Dr Tony Tan last night. Speaking at the opening of the Second International AsiaPacific499 words
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Page 2 Advertisements
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Advertisement169 1986-09-16 2 GET PERX IT WORKS GET PERX IT WORKS GET PERX IT WORKS GET PERX IT WORKS GET PERX •.GET PERX IT WORKS GET PERX IT WORKS GET PERX IT WORKS GET PERX IT WORKS GET PERX Our new cargo freighters give you twice the capacity. And loads more convenience. Welcome169 words
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Advertisement68 1986-09-16 2 Prompt pick-up and delivery 24 hours a day m ,V ■X 3 EJS i i £21 ■i \W< >P iwT for all that conveniences >v i FREE Ample Parking No Hassle, No Waiting No Traffic Jam No Lift Taking s < jr r.v^v* 58 *7; rV -*«r JSTRSprPF) SMfood RKtaurant68 words
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Page 3 Advertisements
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Advertisement52 1986-09-16 3 v 4 ar/J v >jAK.h K-l -K-OI ITR^ \l> torif i/m-1 s rno<i> 1 l>\ r 1 '"litn Automat i< iiha« riini! wi! li i tMiipU'l*' il» nd.ir. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: GI.L. Centre Hilton Hotel Woo Hing Broe (M)52 words
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Advertisement250 1986-09-16 3 \Wli help you buyahouse now with complete peace of mind L* V T~-» .-.w -*v- -r •a .V ■N. <r» T > «egpjßßp SP&1&? lEPt Chase Complete Home Loan If you have been thinking of buying a house, Chase is in the best position to clarify what could appear an250 words
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ASIA-PACIFIC
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373 1986-09-16 4 UPI LOSSES INCURRED by stateowned industries have soared beyond the approved limit this year, posing "a serious problem" to China's efforts to balance its budget. The official China Daily newspaper yesterday quoted the Economic Daily as saying that state plans to increase profitabilityUPI - 373 words
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109 1986-09-16 4 Reuter CHINA PAID 81.2 billion yuan in wages to all kinds of employees in the first seven months of the year, up from 67.1 billion in the year-ago period and a rise of 21 per cent, says the State StatisticalReuter - 109 words
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188 1986-09-16 4 Reuter AMERICAN business and government must take a more aggressive attitude towards exports to Japan while Japan must make its market more open to US imports, says the American Chamber of Commerce in a White Paper released yesterday. The paper contains a seriesReuter - 188 words
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Article75 1986-09-16 4 Reuter CHINA'S first experiment with turning clocks forward for the summer has been a success with vast amounts of electricity saved. The People's Daily in Beijing said yesterday that about one billion kilowatt hours had been saved saved since clocks were moved forward one hour onReuter - 75 words
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Article116 1986-09-16 4 AFP ONLY 35 PER CENT of Japanese support Prime Minister Yasuhiro Nakasone's Cabinet, compared with 42 per cent before the ruling Liberal Democratic Party's landslide victory in a general election in July. The findings of a public opinion poll, conducted by the Mainichi Shim bun newspaper earlierAFP - 116 words
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Article316 1986-09-16 4 Reuter NEW ZEALAND'S economic prospects are improving despite increased domestic unemployment and slow growth rates among its trading partners, according to the independent New Zealand Institute of Economic Research. In the September issue of its regular quarterly forecasts, it noted confusing signals about the domestic economyReuter - 316 words
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Article328 1986-09-16 4 Reuter NEW ZEALAND'S controversial anti-nuclear legislation may not be passed by Parliament before next year. Prime Minister David Lange said yesterday that the law enshrining Wellington's ban on nuclear-armed or nu-clear-powered warships would be given no special priority to speed it through a legislative log-jamReuter - 328 words
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Page 4 Advertisements
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Advertisement182 1986-09-16 4 THE vIEv I N S I A P <> K K The most breathtaking views in Asia, from the Westin Stamford, the tallest hotel in the work Plus the widest seleetion of restaurants anywhere in Singapore. Six superb tennis courts arid tour air-conditioned squash courts. Two swimming pools, plus a182 words
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Advertisement141 1986-09-16 4 Functional U-BIX Copiers for very practical offices The U-BIX image is world-renowned. J The impression is clear... the U-BIX impression Operation is a breeze and many swear by it. Select the one that suits your needs most. U-BIX 2800Z The popular, top quality, medium-size copier U-BIX 1800Z The 4-single colour141 words
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Page 4 Miscellaneous
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Miscellaneous14 1986-09-16 4 Doonesbury M i Hi m r (o BY GARRY TRUDEAU I m Wi rtj14 words
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Article640 1986-09-16 5 ARRIVALS Operate r Sarvico Local 4yHA From MAS GiA SIA SIA GIA SIA GIA SIA SIA LUFT GIA SIA SIA SIA THAI THAI KLM CPA GIA MAS MAS MAS SIA BA SIA SIA GIA GIA ANZ JAL MAS PIA SIA PAL SIA SIA JAL SWR SIA SIA640 words
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REST OF THE WORLD
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345 1986-09-16 5 Reuter FRANCE, facing a bombing campaign in its capital by a shadowy Middle East guerilla group, has announced that all visiting foreigners except citizens oC the 12 European Community nations and Switzerland will have to obtain visas. "We have decided to re-establish theReuter - 345 words
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158 1986-09-16 5 UPI PRESIDENT REAGAN, saying drug abuse endangers all Americans and costs them at least USMO billion a year, established six goals last Sunday (or a new national crusade towards a drug-tree America. In a televised address delivered with his wife, Nancy, theUPI - 158 words
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445 1986-09-16 5 Principles more enlightened, says paper AFP THE INFLUENTIAL Broederbond (Brotherhood), an elite clandestine society to which most of South Africa's cabinet ministers belong, has produced a secret document which outlines the bottom lines for the political and cultural survival of the country's rulingAFP - 445 words
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130 1986-09-16 5 NYT AMERICA'S service exporters face a wide array of regulations abroad. Here is Just a sampling, provided by the Office of the US Trade Representative: Argentina, Mexico, Peru, and Venezuela require local accountants as supervisors when foreign accountants audit local companies. India prohibits radioNYT - 130 words
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409 1986-09-16 5 NYT A COALITION of socialists, pacifists and religious groups has announced that it has met the requirements (or a national referendum on abolishing the Swiss army, and it presented a petition last Friday bearing 113,000 signatures to the government in Berne. Officials saidNYT - 409 words
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Page 5 Advertisements
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Advertisement140 1986-09-16 5 FI 1/ Ifl 1/ The business person's choice, every I I II I II 1 Tuesday, Thursday, Saturday and I 1 fIV 1 II II I Sunday. Leaving Changi Airport at I V/l Wy I l J_ V 22:00 hours and arriving at Lester B. Pearson International Airport the following140 words
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Advertisement64 1986-09-16 5 I CD) w/('lldllltf. \h Shakespeare'.' vcrij sad endinu indeed, SirWakd" •<* V v V. y£ /f nj K I* s x i 81 Yf WSOLD SKV A li •J WHYTE MACKAY 21 YEARS OLD SCOTCH WHISKY For sain enquiries please contact the sole agent EMiCThe East Asiatic Company (S) Pie.64 words
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BANKING AND FINANCE
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Article350 1986-09-16 6 BUYERS AND SELLERS of financial and investment services will be brought under one roof at the Money Show International 1967 in Singapore next March. The show, with participants from Asean, Hongkong and China, will feature seminars, talks and exhibitions by banks, investment companies,350 words
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Article221 1986-09-16 6 Reuter HONGKONG: GOLD yesterday closed lower on renewed overseas selling amid concern about possible South African gold sales, dealers said. The metal closed at U*****.75/416.75 an ounce after opening at 417.00/418.50. It closed at 416.00/417.50 here on Saturday against New York's Friday finish of 415.15/416.50. Dealers noted unconfirmed rumoursReuter - 221 words
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Article206 1986-09-16 6 Interbank rates at 3pm yesterday: Local dollars to ono unit of foreiga Md Offer a raae parity US dolor Sterling pound Austrofcon dolor NZ dolor Canodion dolor 2.1770 ***** 1.3606 1 0384 1 5695 2.1780 3 2343 1.3634 1.0410 1.5714 ***** ***** 3 4286 ***** 3 4206 -22206 words
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Article608 1986-09-16 6 Reuter SINGAPORE: THE US dollar yesterday fell against most currencies in late trading following its decline in early European exchanges, dealers said. It fell to a late 154.70/80 yen from an early 155.30/40 and New York's 155.25/35 yen and to 2.0445/55 marks against 2.0605/15 and 2.0595/0605 and toReuter - 608 words
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Article120 1986-09-16 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 2-1/8 per cent yesterday, up 1-1/4 point from Friday. The one-month term rate rose 1/8 point. The two-month rate rose by 1/16 point and the threemonth rate was unchanged. S$ Interbank rotes at 7pm yesterday: Offer M120 words
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Article, Illustration279 1986-09-16 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at around last Friday's levels, after hovering narrowly in quiet trading. Rates opened mostly unchanged from previous levels and they were little changed in subsequent trading with one to six months closing at a common 6-1/8 6 per cent and nine279 words
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Article502 1986-09-16 6 BA Futures DECEMBER Earsdallar yesterday opened at 93.88, 6 ticks better than Friday's close and continued to edge up to 93.90 initially on lower than expected US economic figures. However, newspaper reports that Henry Kaufman said US might cut discount rate possibly in October and another report that WestBA Futures - 502 words
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Page 6 Advertisements
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Advertisement269 1986-09-16 6 PARADIZ CENTRE Offices that give you the business edge. An office at Paradiz Centre places you individually controlled airconditioning, and in an in-town location minutes away from tinted glass windows that raise comfort banks, financial and commercial institutions, levels further. It gives you computerised lifts postal and telecommunications services in269 words
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Advertisement137 1986-09-16 6 If you're potty about real Cantonese claypot, you're in luck. Because from 12 to 28 September, there's a Claypot Buffet at the Golden Dew Coffee House that will really have you reaching for your chopsticks. shredded ginger. Tuck into lu-wei, duck with water-chestnuts, braised sea cucumber with pork knuckles there's137 words
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WORLD BACKGROUND
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548 1986-09-16 7 Reuter AFRICA'S soaring population and ineffective family planning threaten to undermine its belated efforts to feed itself and avert future famine, according to participants at a major UN agriculture meeting. Delegates from 49 African states who met last week in the IvoryReuter - 548 words
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Article, Illustration816 1986-09-16 7 Chance of major Teheran victory rated as slim UPI US INTELLIGENCE is convinced that Iran is set to launch a major offensive against Iraq in the near future as the war that has drained the resources of the Middle Eastern countries enters its seventhUPI - 816 words
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621 1986-09-16 7 AP IF YOU WANT SHOES, And a Czech. If you need some salami, see a Hungarian. And for virtually anything, talk to a Pole. From May through September, the crowded Rumanian Black Sea resort of Mamaia is the hub of a flourishingAP - 621 words
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Page 7 Advertisements
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Advertisement360 1986-09-16 7 ITS HARD 10 IMPROVE ON A VOLVO 240, BUT WE MANAGED. We even improved on the price. Take a close look at Volvo's 1986 240GL injection and its surprisingly affordable new PARF price of only $62,748. At this price, wouldn't you rather have a Volvo? With the new Volvo 240,360 words
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FEATURES
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Article527 1986-09-16 8 LIKE King Canute long before him, President Augusto Pinochet of Chile is a powerful man. And like King Canute, who became a legend for believing that the sea would move back at his bidding, President Pinochet became a quotable dictator for saying, in 1961, that not a527 words
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Article, Illustration1279 1986-09-16 8 LOH HUI YIN - At the Asean economic ministers' meeting last month, the member countries agreed to study further a range of initiatives which could deepen intraAsean economic cooperation, reports LOH HUI YIN who covered the discussions in Manila. LOH HUI YIN THE 18th Asean Economic1,279 words
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259 1986-09-16 8 Chia Ski Teck - Letter to. the Editor Chia Ski Teck Dear 9b, I refer to Mr Foo Kok Swee'a reply (BT Sep 5, 1966) on the point® I rained with regard to export marketing and financing out of ECICS'a seminar topic, "Financing259 words
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Page 8 Advertisements
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Advertisement118 1986-09-16 8 The747changes the way the world flies. til lit 11 A V y < Singapce Camay Pacific Ko'ea" Air BRITISH AIRWAYS NOfffKM! Bf'tiffi AiriMyt With the new long-range 747-400, nonstop service will now be possible between such distant cities as Singapore and London; San Francisco and Hong Kong; and Taipei and118 words
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SPORTS
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Article, Illustration601 1986-09-16 9 Reuter BRITISH OPEN golf champion Greg Norman scooped another Jackpot when he beat Ken Brown of Britain on the first hole of a sudden death playoff to win the European Open title on Sunday. Norman's birdie four at the first extra hole after his finalReuter - 601 words
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439 1986-09-16 9 AP BRITAIN, powered by Fullpelt, on Sunday won the Sardinia Cup after five regattas hampered by light winds. It was Britain's first victory in the Mediterranean's top yachting race. Fullpelt, a one-ton, 40-foot (12-metre) yacht owned by British fur Importer StephenAP - 439 words
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274 1986-09-16 9 AP TOP-SEEDED Henri Leconte of France defeated Davit Cup team-mate Thierry Tulasne 7-5 6-3 on Sunday in the finals of the US$2OO,OOO Martini Open in Geneva. It was Leconte's first victory over Tulasne in official men's competition. Leconte lost his service to aecond-seeded Tulasne inAP - 274 words
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Article163 1986-09-16 9 AP GENE SAUERS, caught on the 72nd hole by Blaine McCallister, sank a five-metre birdie putt on the third hole of a playoff in Sutton on Sunday and won the the USHSO.OOO Bank of Boston Golf Clastic. Sauers, 24, earned his first victory in three yearsAP - 163 words
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Page 9 Advertisements
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Advertisement46 1986-09-16 9 f Tl WfJ Fv S&T jfef' -i 4Mfc*rWWfts «S*' -••*< .U& > •v JfrS «5K ■r 7T*F*- > Wi:: IP (if -Ti-v* n- —i ii rmin.n T epr Hi 5C EFFECTIVE From t» toyfcoart* of jour own a c i. 3 ',NI4 »*>;» TT 11 uuyM -1 jw JU M*46 words
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Page 9 Miscellaneous
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Miscellaneous1122 1986-09-16 9 W IMD HMDUS) TUESDAY PREMIERE A I jr. Alan Arkin (left), Armand Assante (right), Jon Polito and Micheal Learned star in this drama, based on the true story of a man who risked his life to expose organised crime and corrupt government officials in the United States. Arkin gives a1,122 words
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Miscellaneous735 1986-09-16 9 Play golf the Sevvy way ffl£A£ W£ HAVE A P£*K*/$7*KnON Of THE ATVCMf WE ASNT SHffiT.. THE WE/6NT ON THE LEFT GO»46 6ACX, AN& ON THE mmw Poor coming *o*vm*x>, *£SOlT A CLAS&C t**iSY-ClOTE* /**V B f wrt a 1 »r'f* M* 2* z VA 5 CRYPTIC PUZZLE ACROSS 3735 words
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INTERNATIONAL COMPANY NEWS
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701 1986-09-16 10 NYT TEXAS COMMERCE Bancshares, one of the largest banks in Texas, has put itself up for sale, and several large banks in New York and California have begun sifting through its books to determine what price, if any, theyNYT - 701 words
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579 1986-09-16 10 NYT THE Western Savings Association, one of the largest savings institutions in Texas, was declared insolvent last Friday by federal regulators. Western, with US$2 trillion in assets, is the largest such unit to fail in Texas and the largest in the US this year. The FederalNYT - 579 words
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604 1986-09-16 10 NYT CBS AFFILIATES around America said yesterday that they were pleased that the management turmoil at the network appeared to have ended, and expressed hope that the company's management would now turn its attention to getting the broadcaster back on track. "We've gotNYT - 604 words
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187 1986-09-16 10 Reuter A NEW SMALL CAR, the Citroen AX, is carrying the hopes of France's privately-owned car group Peugeot SA for sustained profitability. Group president Jacques Calvet told a news conference in France that the group as a whole was on target toReuter - 187 words
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Page 10 Advertisements
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Advertisement558 1986-09-16 10 V Mft to wim 9 iine usii vaivti&in i mi A great moment in history When some of the worlds greatest composers, Chopin. Mozart, Beethoven, Tchaikovsky and Strauss, come together for the first time in a concert. with a difference From September 15 to October 15, the Baron's Table proudly558 words
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Advertisement164 1986-09-16 10 That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily When a guest has had two similar drinks, the third is free. And every night at 8 pm except Sundays. VTB Wizard comes on with its dynamic brand of music and brings164 words
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ASIAN STOCKS
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Article442 1986-09-16 11 HONGKONG: Share prices closed sharply lower yesterday on renewed technical selling and concerns about steep slides on Wall Street and Tokyo last week. The Hang Seng Index (ell 23.99 to 1,942.34 after a brief rebound at midday while the Hongkong Index finished the day 15.59 lower at 1.2ZL96. Brokers442 words
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Article241 1986-09-16 11 sir is Al Smcara Mm MT 169N 2320 -0.3 Kuochan Do* Lm Chang Yuon Chom Indus Lion Hwa Indus 1990 29 80 10 65 33 X) -0 1 -1.1 -0.4 -0.4 Cathoy Con* Chang Hwo Bank 31 30 38 70 24.40 -0.5 -05 -03 Nat Invostmont Taut 19 30241 words
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Article431 1986-09-16 11 SYDNEY: Australian share markets closed sharply lower in moderate trading yesterday after investors responded to massive fall» on Wall Street and in other major offshore markets. Industrial issues were hardest hit, brokers said. At the close, the All Ordinaries Index eased 11.5 to 1,224.4, while the All Industrials Index431 words
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Article80 1986-09-16 11 SEP 15 Pan Mant—I Onental B oou 0016 0 38 unch unch inch Anglo PM Ap«x Mnna B ***** -0.0002 0.016 -f 0 002 11 uncti PW#x B Picop B PLDT Son Maguai B urt GoM Bomc P««roiaun< ***** -***** 0 005 -0.0005 252 50 66.50 0009 -10 -1.580 words
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Article150 1986-09-16 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.78 to 159.72. Turnover amounted to 715,109 shares valued at 159.6 million baht. Reuter Tho Tokyo markot was closod yostorday for tho Ro-spoct-for-Agod Day. Stt 15 Mrtt S<am C«m»nt 711 6 Sxjm Gtu«rn UJtp Ao Khom Thoi Skxti Ctu«roReuter - 150 words
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Article118 1986-09-16 11 sir is WM Kat 1566 -32 CM Sugar 1961 -17 Kangwon Irvd 1015 1920 -24 -40 Daafcn Ind 545 -5 2310 25 Docwoo Corp Kor*o Long T«rm 1470 32 Do«woo t-Wov-r 1380 -20 Lucky Ltd 1622 -18 Doahn S*ci«itt*t 2681 -60 1330 unch Dong Ah Phar 870 10 Ornntal118 words
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176 1986-09-16 11 Reuter WING ON Holdings Ltd said that the raid on a number of the group's offices by the Hongkong police was not directed at the group. It said the group was advised that the raid was "in connection with an enquiry intoReuter - 176 words
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Article116 1986-09-16 11 Reuter MACAU has approved a plan by Sociedade de Turismo e Dtversoes de Macau (STDM) to float its shares in Hongkong and agreed to extend the company's licence for casino operations until the end of 2001. The approval came from an open meeting of the Macau AssemblyReuter - 116 words
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Article, Illustration431 1986-09-16 11 Company heads join Broken Hill board Reuter BELL RESOURCES Ltd and Elders IXL Ltd have undertaken not to increase their stakes in Broken Hill Pty Co Ltd (BHP) except under certain circumstances outlined in an agreement between the three companies. BHPReuter - 431 words
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Article109 1986-09-16 11 UPI AMERICAN EAGLE Asian Development Corp has tentatively agreed to build and operate a US$9OO million coal-fired power plant in the Philippines. On Sunday, Walter English, American Eagle's chief executive officer, said the plant should be operating in about four years and providing 900 megawatts ofUPI - 109 words
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185 1986-09-16 11 Bernama SKET, a leading manufacturing group in East Germany's heavy engineering and plant construction industry, is keen to set up an office in Malaysia to promote its products. Its press liaison officer, Manfred Wrana, said yesterday that Sket is movingBernama - 185 words
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Page 11 Advertisements
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Advertisement555 1986-09-16 11 I Wititc to Win tilite aai «aMtia sr Start of A New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine Is555 words
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Advertisement107 1986-09-16 11 Food Room Package w ::v 1 *V'f.4i i-4 Ajfi/i 1» Octe Singapore 0922 T#t *****22 TMi RS ***** I m \A rfSi > Bs§ S^g &.1S £8 a For only $280*, enjoy a splendid 10-course lunch or dinner with Cantonese specialities like Barbecued Suckling Pig and Braised Shark's Fin with107 words
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RAW MATERIALS
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535 1986-09-16 12 UPI A NEW non-profit alliance in the US oil and gas industry promises to save marginally profitable wells and keep industry professionals working by slashing traditional drilling and maintenance costs. Mr William T Davie, former president of Northstar Minerals of Los Angeles, formed AssetUPI - 535 words
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Article382 1986-09-16 12 Reuter COFFEE ROBUSTA FUTURES were little changed yesterday at the midday call from their easier midmorning levels, with contracts £25 to £35 below Friday. November last traded at £2,360 a tonne, compared with £2,383 on Friday. Volume at the close of call was 593 with 53 crosses. BUGARReuter - 382 words
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Article250 1986-09-16 12 MALAYSIAN crude palm oil prices yesterday closed slightly lower on renewed selling and reserve of buyers, in sympathy with the fall in palm oil futures and a mostly lower Chicago soyoil futures close last week, dealers said. Devaluation of the Indonesian rupiah, which would make Indonesian palm oil250 words
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192 1986-09-16 12 AFP MAGNESIUM, aluminium, lead and zinc are the only metallic minerals or compounds likely to be in .greater demand by the West between now and the end o( the century. Copper, nickel, silver, tin and steel will show steady or declining demand, theAFP - 192 words
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Article139 1986-09-16 12 ChintM Product Exchange S#N§P1 ROW dOMM pflCM OR Sop 15 (Sf/100 kg). Coconut oil Buk FOB 40.00 Old drum FOB 53.00 New drum FOB 57.00 Copra Mixed Ooom) 19 buy«ri Pepper Muntok White FOB NLW 1372.50 Sarawak Whit» FOB faq NLW 1357.50 Sarawak spacial block FOB N.W 907.50139 words
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Article206 1986-09-16 12 SINGAPORE THE MARKET yesterday closed lower with October One RSS buyer* quoted at 184.50 cents per kilo, down 230 cents from last Friday. The morning session lost four cents on some overseas forward selling and local long liquidation in moderate trading, following the devaluation of the Indonesian rupiah. Prices206 words
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Article75 1986-09-16 12 188 PUCE e< tta ea the KLTM yesterday eased twe eeate te eleee »1 Msltjf7 per kOe. The avket emm 4 after "Le. The lewer level attracted fp»iu tvertMi literMti f Mnlenmnraenei Sterliag's flrmaes* ft|»laat the HmmM repeaa eaealree, while tradHl—al Jepeeeee aai panjMM fer their ee* Tferee75 words
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Article66 1986-09-16 12 Bangkok (usvtMM. rot) White Rice 100% 1st dot* 255 100% 2nd dost 220 100% 3rd chm 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A-l Sup«r 128 A-l Sp*ad 125 C-1 SmcM unq C-1 Ord unq Loonzoin Rice 100% 1st groda una66 words
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Article253 1986-09-16 12 RAS prices m S canti/Wf, F08 m 1 NOON CLOSE Int 1 RSS Prompt 183.50 I84.50N 185.00 I86.00N Int 1 RSS Oct 86 183.00 183.50 184.50 185.00 kit 1 RSS Nov 86 184.00 184.50 185.50 186.00 Int 2 RSS OP 177.00 179.00N 178.00 I80.00N In* 3 RSS253 words
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Article89 1986-09-16 12 (cwtaA* l*HW0ai6 NOV 86 !L 1 -it NOON Viorworg fVfUVMn; NOON RAS lnywi SalM ■■fan Sdbt SSR 20 161.00 163.00N 161.50 63.SON SSR SO 158.00 160 00N 158.50 160. SON MRELB Iwyri S4M ■eyes Sdw SMR CV 247.50 249.50N 248.50 2S0.50N SMR L 247.50 249.50N 248.50 250.89 words
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Page 12 Advertisements
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Advertisement212 1986-09-16 12 /A vx A National Seminar On MALAYSIAN MARITIME RESOURCES POTENTIALS AND OPPORTUNITIES Crystal Ballroom, Ming Court Hotel, Kuala Lumpur Date: Thursday, 25th. September 1986. Official Opening Address by YB. ENCIK KASITAH GADAM Minister in the Prime Minister Department There are vast potentials of the EEZ (Exclusive Economic Zone) which constitutes212 words
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Advertisement252 1986-09-16 12 Strong. Very strong in computers, American Express Australian High Commission Fiat.Ford. General Electric Company. NASA These are just a few of the many giants in industry, commerce, defence and administration that use Honeywell computer systems, in communications, networking and office automation. Their needs are complex, ever-changing, evergrowing Their appetites for252 words
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SHARE INFORMATION
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Article, Illustration4085 1986-09-16 13 INVESTORS and punters remained unsure about the Singapore stock market's near-term direction, as a result of which share prices fluctuated within broad margins yesterday. While many brokers and analysts have advised adoption of a wait-and-see Investment strategy, sufficient players were tempted by the4,085 words
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Article245 1986-09-16 13 SINGAPORE Ri««« Nidi CSS S*ar« ki 376 Ami 25« 102 S t M 820 ICS 670 C C 194 Falls C K Taag 222 Saara Land 510 Tractors 195 WNM 130 Sri Hart awai 201 PAN 80S 0 C 8 C 800 S 1 A 770 Strain245 words
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Article3316 1986-09-16 13 BID and ofler price* officially listed and business In and reported to the Stock of yesterday with the number of shares traded dwu in brackets In lots of IJJOO uaits unless otherwise qwdfled. All Time Settlement Contracts are Ced after the word "SETT". Board deals3,316 words
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Page 13 Advertisements
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Advertisement12 1986-09-16 13 %{">)`~[(}](!|~_"%`<=:%]$$|"%$) M j onagers /Must r lanage BT shows you how every Monday.12 words
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COMPANY NEWS
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Article, Illustration429 1986-09-16 14 AMY CHEOK - By AMY CHEOK THE DROP in fuel prices, coupled with the cut in CPF contributions, has helped Singapore Bus Service (1978) Ltd to nearly double its earnings for the first six months. Results (or the rest of the year, according to SBS, are expected to429 words
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Article103 1986-09-16 14 HONGKONG All Industrials Hongkong Index Monday 1917.2 Friday 1944.5 Monday 1221.96 Week ago 1956.0 Friday 1237.55 WMk ago 1239.81 NEW YORK Hong Song Index Dow Jones Monday 1942.34 Friday 1758.72 Friday 1966.33 Thursday WMk ago 1969.98* WMk ago 1899.75 TOKYO Standard Poors N&kei Average Friday 230.68 Thursday 235.18103 words
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Article251 1986-09-16 14 Manogers' prices MARA-Bumiputrs for Sep 16 Frit B'putra Sacond B'putro 483 488 4.44 4 49 Singapore Unit Trust Third B'putra Fourth B'putra Fifth B'putra Sixth ff putro SavarMh B'putro (A) 342 3.47 3 87 3 92 Tha Commarca 0.88 0.95 Tha Sovrtgs Fund 0.79 0.85 248 2.53 2.49251 words
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Article1888 1986-09-16 14 BID and offer prices officially listed and hnsinres in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded shown in brackets In lots at 1,880 units unless otherwise specified. NNBTRMLS Aom (1788) (I) 180 xd AiiaeaMte (3045) Aiceei (71,888 words
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Article175 1986-09-16 14 Malaysia Ale* Berted: 17th AGM Sayang Room, Ran Sayang Hotel, Batu Ferrlnghi, Penang, on Thursday, Sep 18, at 11am. mil ACM Road, Singapore 0315, on Saturday, Sep 30, at noon. iMk Chla Enterprises (Malaysia) Berhad: 50th AGM at Conference Room, (Senmal 1 A 3), PJ Hilton, Nunber 3,175 words
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294 1986-09-16 14 SHARE PRICES closed lower on the Kuala Lumpur stock market yesterday but some late buying interest lifted prices from their day's lows. Right from the opening hell, prices had been marked lower but trading conditions remained mostly quiet the whole day. Investors kept294 words
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382 1986-09-16 15 NAJEEB JARHOM - By NAJEEB JARHOM LOWER-THAN-EXPECTED contributions from its UK subsidiary, Phicom PLC, and Malaysian associate Magnum Finance have been blamed for the slight 5 per cent fall in Magnum Corp's group pre-tax profits to M 522.86 million in the half-year ended June 30, 1966.382 words
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Article, Illustration443 1986-09-16 15 IT IS back to the drawing board (or the architects of JC-MPH's proposed issue of $50 million 7.5 per cent convertible unsecured loan stock (CULS). The issue, first proposed in early July, included the rights for loan stockholders to opt for Haw Par443 words
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Article, Illustration504 1986-09-16 15 CHAN OI CHEE - By CHAN OI CHEE TRADING-BASED Bousteadco Singapore, saddled with losses from its engineering operations, has slipped into the red at halftime. While management expects a return to profitability in the second half following various corrective measures, it does not say whether the504 words
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Article111 1986-09-16 15 THE Society of Remisiers (SOC) will hold its first annual general meeting on Sep 25 at the DBS Auditorium at 4.30 pm. The three items on SOC's agenda are the registration of members, the election of the committee and the appointment of two honorary111 words
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294 1986-09-16 15 AMY CHEOK - By AMY CHEOK AMCOL ELECTRICAL Industries Ltd, the maker and distributor of electronic products, is selling a piece of property in Singapore for $2.1 million cash. According to Amcol, the company is selling the land and premises known as No. 19, Wan294 words
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Article187 1986-09-16 15 NO DECISION HAS been taken by the Kuala Lumpur Stock Exchange on the relisting of Grand United Holdings shares, although the company's newly-ap-pointed chairman Loong Yoke Phin has indicated that GUH shares may be re-listed in the next few weeks. Mr Loong said last week187 words
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Article57 1986-09-16 15 INCHCAPE BHD shareholders approved all resolutions relating to the proposals for the disposal of certain Malaysian trading businesses at an Extraordinary General Meeting held yesterday. The outstanding conditions of the sale and purchase agreements dated July 28 include the approval of the Foreign Investment Committee of Malaysia and57 words
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530 1986-09-16 15 MINORITY shareholders of Sri Hartamas Corporation Bhd are complaining about the company's proposed plan to get a big loan for the acquisition of a 235.5-hectare piece of land in Damansara Heights. The Malaysian Investors Association, a private group formed in July this year to530 words
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Page 14 Advertisements
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Advertisement101 1986-09-16 14 Wv !lV 0 wy.v* £v/<Vv if! *86 TAIWAN TEXTILE SHOW Fibers, Yarns Fabrics— A display of high-quality goods from one of the world's major textile-producing countries. All interested parties are welcome to attend. AM:II~PM:7 Sept. 16-18, 1986 3rd FL, Magnolia Vanda Rooms. Hyatt Regency Singapore Local Contact: Trade Mission of101 words
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Advertisement364 1986-09-16 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 189 PURSUANT TO SECTION »O(2Xb) AND IN THE MATTER OF TANATEX CHEMICALS (PTE) LTD At an Extraordinary General Meeting of the above named Company duty convened and held at 6001 Beach Road, #12-01 12-11 Golden Mile Tower, Singapore 0719 on Monday364 words
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Advertisement438 1986-09-16 14 AND in m MATfm or BABCLAY BROS. PTE. LTD. (MDOnra VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company duly convened on Friday, 22 August 1066, at lOjOO a.m„ the following Resolutions were duly RESOLVED:(a) That the company be wound up voluntarily pursuant to Section 290(1 Kb) of438 words
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Page 15 Advertisements
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Advertisement210 1986-09-16 15 NATIONAL UNIVERSITY OF SINGAPORE Presents Public Lectures on Language and Learning by Professor Michael A K HalKday Lee Kuan Yew Distinguished Visitor TODAY'S TOPIC (Tuesday, 16 September 1986) Language in early childhood Venue: Lecture Theatre 13, Kent Ridge Time: 5.30 pm For enquiries, please call: *****03,*****22,*****16 NOTICE OF REDEMPTION Istituto210 words
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Advertisement52 1986-09-16 15 DG B4NK&GZB VIENNA are pleased to announce the opening of their merchant Pank DG MNK-GZB (Asia) Ltd. in Singapore 6 Battery Road #40-02 Standard Chartered Bank Building Singapore 0104 Telex: ***** Fax: *****18 Tel: *****74 dgmnkCi RmP Deutsche Genossenschaftsbank /A\ IZEISTTRALBANK AG V v Central institution of the Austrian Rairteisen52 words
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254 1986-09-16 16 AFP MALAYSIA has suggested that the Asean summit next year seek ways to improve cooperation among commodity producers. Indonesian Foreign Minister Mochtar Kusumaatmadja said in Kuala Lumpur yesterday before flying home after a six-hour visit to Malaysia that the suggestion hadAFP - 254 words
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Article, Illustration658 1986-09-16 16 MONICA GWEE - Public relations profession takes issue with cocktail lounge and health centre By MONICA GWEE MEMBERS of the public relations profession often find themselves having to explain to outsiders that their role is not quite providing gin and tonic and smooth lines in conversation on658 words
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Article281 1986-09-16 16 Gatt'86 Punta del Este Reuter AFP MINISTERS from 74 countries met yesterday for detailed talks on reshaping the world's trading system amid signs that a group of hardline developing countries might ease their opposition to one of four specific US proposals. The ministers, gatheredReuter; AFP - 281 words
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102 1986-09-16 16 AFP SOVIET submarines have been detected in Indonesian territorial waters recently and Soviet aircraft have often violated Indonesian airspace. General Hartas, commander for Central Java, was quoted by the Indonesian Times as having said on Sunday that Soviet submarines "had been seen near Sabang", anAFP - 102 words
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Article82 1986-09-16 16 Reuter COMEX GOLD FUTURES yesterday recovered from a sell-off through Friday's lows, helped by professional buying. In moderate morning business, gold for delivery in December was off US$3.OO at U*****.50 an ounce after violating the pre-weekend low of U*****.50 on carry-over selling from the overnight markets.Reuter - 82 words
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Article57 1986-09-16 16 Reuter BARGAIN-HUNTING boosted Wall Street stocks yesterday, but traders said investors remained nervous after last week's free-fall. The market is undergoing a technical bounce because of the oversold condition, one trader said. The Dow Jones Industrials Average jumped 12 points to 1771. Advances led declines by eight-to-fiveReuter - 57 words
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LATE FILE
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Article51 1986-09-16 16 Reuter THE FRENCH Cabinet yesterday approved a budget (or 1987, cutting taxes, reinlog back the budget deficit and «pending on defence and internal security. The budget aims at reducing the rede of the state in the ecooomy and creating a Z more liberal business envi- rooment.Reuter - 51 words
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51 1986-09-16 16 Reuter THE PHILIPPINES has re-* ceived 14 applications to Join a scheme introduced last* month which allows credi-» tors to convert debt into* equity, central bank deputy* governor Gabriel Singson* has said. The scheme is* aimed at reducing the coun- try's foreign debt of US$26billion. ReuterReuter - 51 words
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Article59 1986-09-16 16 Reuter TAIWAN, which has one of; the world'» largest foreign exchange reserves, has suf-1 fered luge losses because of' the continued (all of the US dollar. The combined losses of the central bank and other state-owned hanks totalled more than US$l billion in a six-weekReuter - 59 words
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Article55 1986-09-16 16 Bernama MORE than 2,000 Malaysian J Telecoms workers picketed outside their offices in Kuala Lumpur yesterday to protest J against the privatisation of j the Telecoms department! next year. The workers were J accompanied by officials from the National Union of! Telecoms Employees and theBernama - 55 words
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Article215 1986-09-16 16 CHUANG PECK MING - By CHUANG PECK MING GOH Chok Toog yesterday described Indonesia's move to devalue its currency as courageous in view of the country'B elections next year. He said the devaluation showed the Indonesian government was prepared to take hard He pointed out that Asean has to accept215 words
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Article78 1986-09-16 16 Bernama THE TOURISM Authority of Thailand (TAT) plans to work with Singapore in promoting the two countries as twin destinations for tourists in the region. TAT governor Somchai HiranyaJtit said yesterday in Bangkok the plan was in response to Singapore Tourist Promotion Board head Lim ChinBernama - 78 words
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Article46 1986-09-16 16 FIRE DESTROYED a plastic bottle factory in Tuas early yesterday morning. No one was injured in the fire which started around 5.30 am and was brought under control within an hour. The fire caused an estimated $2 million worth of damage.46 words
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371 1986-09-16 16 ABOUT 100 new witnesses, including survivors of the Hotel New World collapse, will give testimony during the second stage of the inquiry which reopens today. Two more interested parties the Professional Engineers Board and the Development k Building Control Division have engaged lawyers371 words
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334 1986-09-16 16 Reuter THE PHILIPPINE armed forces were put on full alert yesterday to prevent any coup attempt in the absence of President Corazon Aquino who left for an eight-day visit to the US. "Let me Just say that we are fully preparedReuter - 334 words
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121 1986-09-16 16 Reuter HONGKONG'S gross domestic product will grow 7.1 per cent in 1986 against a government forecast of 4.5 per cent, says Nomura Research International Co Ltd. The forecast, revised upwards from an earlier 6.3 per cent estimate, reflects better-than-expec-ted growth in domestic exportsReuter - 121 words
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Article71 1986-09-16 16 SINGAPORE AIRLINES -and Air New Zealand have both been rated tops in a survey of 5,000 American travellers. In the 1985 national travel poll commissioned by the New York publication, "Travel Holiday", the two airlines tied for the number one spot. Westln Hotels and Resorts was voted71 words
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Page 16 Advertisements
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Advertisement533 1986-09-16 16 Purchasing Savings Workshop Singapore, November 13 14, 1986 Objective The 2-day workshop is a hands-on programme which works through a series of cost reduction/cost minimisation methods so that the workshop participants identify specific action programmes which they can take back to their organisations and achieve significant cost savings. It is533 words
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Advertisement113 1986-09-16 16 TAN CHONG TOWER OFFICE SUITES Units from 30 to 90m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 Tan Chong Realty (Pte) Ltd 15 Queen Street Singapore 0718 Enjoy exquisite f Hong Kong style113 words
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Page 16 Miscellaneous
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Miscellaneous22 1986-09-16 16 'SMSMSiI Outlook: Showors tr. rpmtnm 0i m»i» Hk r+mrw !-M -'Mr KOlnTOll VI ffWlimif Irfl Rainfall tfctt month Rainy days Hm month22 words
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SHIPPING TIMES
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140 1986-09-16 17 NOSAC BARBRO, one of the world's longest car carriers which can carry 5,650 units, made its first monthly call to Singapore last Friday. It carried cranes and agricultural machines for customers in East Malaysia and Thailand, according to its agent in Singapore, Barber Wilhelmsen140 words
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485 1986-09-16 17 G DURAIRAJ - By G DURAIRAJ JOHOR PORT is poised to become a major transhipment centre (or vegetable oil exports from South-east Asia. The port is already one of the biggest palm oil handling centres hi the world, with the largest concentration485 words
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212 1986-09-16 17 CARGONEWS ASIA will introduce freight industry awards to the region for the first time in January. As part of the celebrations marking its 10th anniversary of publication, the monthly freight management tabloid offers awards in 11 categories: Best Air Carrier; Best Container212 words
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Article255 1986-09-16 17 FOUR STATE-OWNED companies engaged in shipping, stevedoring, trucking, forwarding, shipbuilding and ship repair, shipbreaking and allied interests all subsidiaries of the Philippine National Development Co (NDC), the government's investment corporation, are for sale. According to Cargonews Asia, tenders are now open for the National Transport255 words
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PORT SIDES
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Article61 1986-09-16 17 Reuter THE AUSTRALIA to Europe Shipping Conference will alter its bunker adjustment factor, BAF, to minus 8.74 per cent from minus 2.07 per cent from Oct 1. The new BAF will apply to all general and refrigerated cargo unless specifically excluded by separate agreements, such as thatReuter - 61 words
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Article61 1986-09-16 17 Reuter LLOYD'S SHIPPING Intelligence Service said its agents at Monrovia reported that the grounded Chinese government-owned motor ore carrier Bao Quing Hai (45,844 tons gross, built 1971) freed itself with port assistance on the high tide and departed for Europe. It was reported grounded in theReuter - 61 words
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Article1408 1986-09-16 18 CHARTERING was brisk on the London shipping freights market on Friday, with increased activity in the grain, coal, iron ore, sugar and time-charter sectors. Where changed, rates continued to trend higher. Japanese account Zennoh filled two more openings on the US Gulf-Japan grain route, paying US$12.25 (fio) to1,408 words
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Article, Illustration789 1986-09-16 18 THE SELF-UNLOADING vessel has now truly arrived on the international shipping scene. First introduced on the Great Lakes in North America, the self-unloader is increasingly moving to other parts of the world, particularly in new trades, where its cost advantages over conventional bulk789 words
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Article703 1986-09-16 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Altrons VH 3 Anro Service IV 2/3 ANL I 1/2 APC Line V 4 APL 1« 2/3 ASCL Ml I Bait-Canada Line VI 4/5 Bolt-Onent Line VH 4/5 Bank Line V 5 BBS H 4/5703 words
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152 1986-09-16 18 TWO LEADING authorities on shipping economics have joined forces to produce a comprehensive volume containing almost 500 pages of statistics on the world's maritime industries. Published Jointly by the Bremen Institute of Slipping Economics A Logistics and Lloyd's Shipping Economist, the Shipping Statistics152 words
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Article96 1986-09-16 18 FT SIR KEITH STUART, chairman of Association British Ports, has attacked the government (or giving subsidies which end up distorting the market (or port services. Sir Keith toid the recent World Freight conference in London that the UK government had provided £300 million in the lastFT - 96 words
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Article175 1986-09-16 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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158 1986-09-16 19 Kingsley Wood - By Kingsley Wood BHP TRANSPORT, Australia's biggest shipowner who has always concentrated on the bulk trades, has caused liner operators some heartburn by making a tentative move into the trans-Tasman general cargo business. BHP's 8,362 dwt Iron Amhem, which ferries steel products from its158 words
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298 1986-09-16 19 Lloyd's List WALLEM, one of the world's leading independent shipping services groups, is transferring its north European headquarters from London to the Isle of Man. The transfer, which will involve switching a 12-man senior management team from London to Douglas, should beLloyd's List - 298 words
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334 1986-09-16 19 A FEDERAL Maritime Commission (FMC) law Judge has suggested the Transpacific West-bound Rate Agreement (TWRA) pay a large cash penalty as the settlement in a case involving shipper complaints. The judge, Seymour Glanzer, recently recommended that the conference's 14 current and five former334 words
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Article292 1986-09-16 19 AFP THE GULF States area saw enquiry for a range of vessels ana destinations, despite reports of fresh attacks on shipping as the Iran-Iraq war enters its seventh year. The relatively steady rate structure, together with expectations of rising inflation and fading hopes of an early cut inAFP - 292 words
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251 1986-09-16 19 Reuter AP THE FRENCH tanker Brissac was hit in an apparent Iranian attack in the southern Gulf and has anchored off Dubai in the United Arab Emirates with two unexploded missiles aboard, shipping sources in the Gulf region said. They said the 117,857ton vesselReuter; AP - 251 words
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130 1986-09-16 19 UPI AFTER A five-year break, salvage teams have returned to the frigid waters of the Barents Sea and recovered more than US$4.5 million in Russian gold from the wreckage of the British cruiser HMS Edinburgh sunk by German U-boats in 1942, theUPI - 130 words
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301 1986-09-16 19 THREE advanced buik/containerships built by Wartsila of Finland at a cost of Markka7oo million ($141.1 million) for Norwegian shipowner Leif Hoegh have been transferred to the Cayman Islands register in a move to reduce their operating bill. The three innovative 1,660 TEU301 words
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8121 1986-09-16 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of8,121 words
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Article809 1986-09-16 25 IU*» or RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Tanah Air 38S 16.9.86 1700 NAPL F7 0800-0800 F3 Maria 148 16.9.86 1700 Kawasaki Fl 0800-0900 ui B Permai 316 16.9.86 1700 Ned-EAC F7 0800-0900/0700-0800809 words
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Article1679 1986-09-16 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Same (S) AB Shipping Boustead Shpg Agencies A tea Lme African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Muttiport Sdn Bhd (PK)1,679 words
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Article657 1986-09-16 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Equator K22 Thong Soon alongside 16 9/2359 G Gumuspalo KIO Pat Elders alongside 16 9/0600 Koto Ratu K32 P«_ alongside 16 9/2359 Poc Mexicano K27 Seolord alongside 16 9/0600 C'cofd Gossan K16 Borneo 16 9/1100 17 9/2300657 words
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Page 17 Advertisements
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Advertisement758 1986-09-16 17 Concise Comprehensive Contemporary bookshops a t all 9°°^ UFEDERAL T: IV' '--T OOCL Cmttimi In STRAITS LUROPL EXPRESS SERVICE MROK SVfHG MOOS (Ref Mi. *****4/ OW) 200 Cantonment Road #12-05 Sonthpoait. SMfapote 0208 Id *****11 TELEX NO RS ***** TEMMMI/CfS 3200 218 TO 220 BOOKMGS 3200 234 TO 235 KUU758 words
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Advertisement58 1986-09-16 17 [KMDB THE SELF-UNLOADING vessel has now arrived on the international shipping scene. P«g« II WALLEM, one of the world's leading independent shipping services groups, is transferring its north European headquarters from London to the Isle of Man. P«g« 111 Index to advertisers II Shipping schedules VIII London freights II Container58 words
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Advertisement962 1986-09-16 17 BALT-ORIENT LINE Baltic SMppinc Co Rtfiv Scrvicis Iron South East Asia to Agent: Singapore Soviet Shipping Co Pte Ltd Tat *****33 MAERSK LINE FASTEST TRANSIT TO EUROPE INGAPORE/ANTWERP 17 DAYS ■iNGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS P«nang I Voy IS* por« EXPORT TO USA. EUROPE. EulviA int.';;!y.962 words
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Page 18 Advertisements
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Advertisement387 1986-09-16 18 v C T TAT 17 1 YAMASHITA-SHINNIHON LINE a J I 1 W jC 4 TRAMS-PACIFIC BERVICEB STRAITS FEEDER Pacific South West Fwdtr at Kao Pacific North Waat Faadar at Kao I Mfl iWI I II T M| xrHCHEH nmnnnrnD/jwi ME^rMI!>MgCTnnEJIE?gM^iLMrrT ,T ■FT"! K7JTIB7ZII mi 1 i" 1 msEszmnzz lElPll387 words
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Advertisement343 1986-09-16 18 CIE j. Supercarrier Service TO: PANAMA US WC/E i Mm accopMoi ca*i hr C MOTCM IWa (MJ). J. FiMta. (MM State a* to Bop I hyln, OWria <M M Arvbi Coracoa. &*nl».» Port d Spoa. Hm«m. hapten. SI Mk teat Terra, Castries Fort 4e Frooce. Pooit Pitrt. Port t ZXTiZTJ!.343 words
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Page 19 Advertisements
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Advertisement915 1986-09-16 19 The Straits Steamship Group F STRAITS SHIPPING f Singapore to alOin, bmwiK, Brunei Ports and Bangkok i Mansfield Container Shipping Re Ltd Overseas Containers Limited CONTMfOSHP SERVICE TO UK/CONTMENT: s>n pjom sim HWI rkM roa* uH§ JUKKAN BAT 22/1 24/9 10/10 12/11 14/11 IS/II 17/11 KIT MO MM OSMJI MT915 words
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Advertisement705 1986-09-16 19 Franco Belgian Services ,r I .-I hr. n. h if •ri r ,lh H.Ui.in h.,r f .i.f.rn (MEMBER OF ACE CONSORTIUM) if 1-1 •■u'.'iijH? m s* (2ss*> SO 2 Oct) S# 5 0d) SKI 2U maioi CHARGEURS HAVRAISE MEDEX LINE Jim (MEB CLUB MEMBER) TTTn AcccptMi carjo to Lb P*hk.705 words
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Page 20 Advertisements
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Advertisement324 1986-09-16 20 f u Hapag-Lloyd 10 CONTINENT/UK EXPORTS ihm n UK I K Ctntmnt Mm kc tb*no HMi hmterdam. Mast. I Agents SEGANh Snjjpore *****66 K Lunpw Bookiit 4471(71 f. Ketwif Fretjht *****00 CFS CFS *****72 Penanf lenmwl *****33 *****25 *****8 3*9278 *****7. *****2 *****3 INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY Singapore:324 words
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Advertisement667 1986-09-16 20 JKSLJNE FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUEZ 1 Mfmbe ol ,hf cf Conso,l,um KOREAN CHANCE 21* SEVEN SEAS BRB6E 57* MERCATOR *0* CJ TOKYO 6ft FROM EUROPE VIA SUEZ A Member of the Ace Consortium TRANSWORID BMKE J3E cj. pars a CtMA COW ABO ORCNTAI C*f Ml PKrtWf ipm*667 words
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Advertisement386 1986-09-16 20 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** 1 ASI I R\ \K I INI R. I I I). STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS SEX I NAGOYA ASIAN CUPfEI ORANGE ZENITH SEX I AKESH Loadmg at appropriated Berth386 words
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Advertisement639 1986-09-16 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN MED/RED SEA/F.E. 51 Anson Roacl tt 13-53 Anson Centre p KEIANG Singapore 0207 TEL SPORE *****11 110 Linesi p JAVA 703 Q 12 7 PENANG 6272 90 1 (ID UNIGLORY LINE639 words
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Page 21 Advertisements
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Advertisement812 1986-09-16 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL MAJAPAHIT GO W* FAR EAST CONTAINER SERVICE SIN JKT SHY SIN HKQ KAO *TCM KEE BUS *MUR *HTC YOK KOB KEE 20/9 22/0 24/0 20/9 01/1* 02/10 04/10 04/10 00/10 OORT OMIT 00/10 10/10 U/10 27/0812 words
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Advertisement724 1986-09-16 21 BLC BEN LINE CONTAINERS Q7Zl£ Til Jk KkJJEBSEN LINE It NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FUI AND SOUTH PACIFIC ISLANDS Ski HKG Noumea Sana Aack/Taur (taper Taiaru Bkitt 4/10 8/10 9/11 12/11 IS/11 20/11 23/11 2S/U teams Fa mb la MONMU. M.OTW UNTO POT accotms uwiom m724 words
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Advertisement447 1986-09-16 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SARHJDERA INDONESIA e P.T. TRIKORA LLOYD "EXPRESS SEMI CONTAINERSHIP SERVICE SIN6APORE TO EUROPE 1555 HLBAO tW/VMI WO -tHIMUMT m m 17-19/1* 11/11 15/11 19/11 22/11 kvm/nm kmc 11/12 14/12 5 TOR HMO Mm lIT 5-7/1* ft/12 9/12447 words
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Advertisement412 1986-09-16 21 BOUSTEAD SHIPPING AGENCIES m MANLAMVAMG V32K MYITKYEE NAR pa-an viom myitkyee m HTONEYWA *214* •Oi»diafl»H My V* BURMA FIVE STAR (Burmese National Unci Loading for Ranfoon P.Keivtf Penanf 22/9-23/9 21/30 Sopf 2/3 Od 5/7 oc* Pen** Banfkofc 21/23 Sopt •21/21 U# BANK LINE EXPRESS SOR-COWTMIO SERWCE NORTICOUN) TO UKC SPORE412 words
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Page 22 Advertisements
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Advertisement1130 1986-09-16 22 1 Aiai IV LINE —KAWASAKI KISEN KAISHA, LTD: |:a A UADOR/PERU/CHILE m MOTIO HI SIM V5l TM spobe puis m spobe kok euArngi*. cauao wet ougu Af agasu santoho »w.p«abo 17 U» II S* It S* 21 S* II Oct IMn lik« lihi IJ«w •7 <w J NTRAL AMERICA/CARIBBEAN SEA1,130 words
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Advertisement683 1986-09-16 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains P K«t»m Lmw Vessel Sport RWb fit" Sl* Also Accep *27 16 Sept KABMOAS V3O IB Sept 3 Oct I? Oct 10 Oct Adel/Bns tR V 7 24 Sept RARDAS V 25 I Oct 23 Oct 1 No* 30 Oct m/tn *21 13683 words
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Advertisement681 1986-09-16 22 GOLDEN LINE GUAM GUM SWffK (PTE) LTD a HM »rm IM smunm iim m mom <ii udi STRAITS/PERSIAN GULF SERVICE: Sp f MiMf Pmani 00L0EM HAWCM Colombo Kvtcfc/Mw/Mirii* CHMA OCEAN SNPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA L 13.11. AMLUJMNG LUFEN6 Rfttviin/ AHwp Rittvten/ AIIIW|)/HM^V| •UI r.w.l V. 'Tv681 words
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Advertisement280 1986-09-16 22 INTRASEA (PTE) LTD 1() Ans<»n Road c 7 16 Inter n<itt>n.« l' S« n<|.<pc)f D?f*7 T #»l ??4*» Sll il« im^s BREAKBULK SERVICE TO EUROPE/UK run nron SHimw; acinous ph hp P PHII lOR lIN J lIM S rif i Ml ft' r f >• N N ft gi f.280 words
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Page 23 Advertisements
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Advertisement712 1986-09-16 23 o NEPTUNE ORIENT LINES LTD NEPUNE SDN WD. N«771/2«MIM/MMZ» POUC SON MB. (*****/*****5/*****0/*****1/*****2 TO EUROPE/UK (VIA SUEZ): I PJMm| S'pM I Hnn Rttaai Film HI *owre ziw+ s*m 17/9 «/io 7/10 «/io 11 SSMMISm (22/9) 24/9 13/10 14/10 15/10 II mCATOi 4M (29/9) 1/10 20/10 21/10 22/10 21 C 8712 words
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Advertisement384 1986-09-16 23 HEUNG-A SHIPPING Korean Flag Vessels DON AM SEMI CONTAINERISED DIRECT SERVICE TO P KEI ANG. PENANG. BUSAN INCHON lb. 7 Dawn/MTU Ito. 0 Dmm/M7M Hi. 0 Pliam/OOOH Hi i owi/mi Caat/tM (IMi) Hi. 7 Om«r/MM ll*l IN' Nll'l'lNl 41.1 Nl ll'. I'll I 111 If I tll'l KVII4 Mil .VI384 words
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Advertisement512 1986-09-16 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SVtSOV BURJNNG 55. KUrtot Street Smfaport 0104 T«fc *****33 (15 Lhm) Ti Cable Address SMSOV SINGAPORE Tefci Numbers K ***** RS ***** RS ***** P. KELANG M/S SNMOKAT KM SOON SN. M. IST AND 2ND FLOOR. NO 1. MIAN CEMPENMG, PORT KLANG. MALAYSIA512 words
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Page 24 Advertisements
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Advertisement395 1986-09-16 24 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) SMGAPOK CO El n SEA DRAGON II UJ I" I .'-11 M Thu/Fri I It-19/9 Sat/Swi 20-21/9 21-21/9 23-24/9 TWFn I2S-2S/9 Sit/Sw 127-21/9 21-21/9 i-", -irm| CSnEESI [2231 [223 |m "irron II "FiiTTOI icsaEsii 30-1/10 Tta/fci 2-3/10 4 m H'A M395 words
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Page 24 Miscellaneous
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Miscellaneous163 1986-09-16 24 k rm r«T7i W wA \> -V fi I *s ('4 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C a m Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature °C Weather w >"d direction with speed in k n* l Wave height Cloudy163 words
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Page 25 Advertisements
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Advertisement135 1986-09-16 25 MSC AGENCIES K. LUMPUR P. KELAM6 POMN6 P. GUDANG i. BAHMtU LEOSHT SPORE *****18/*****56/*****45/*****93 *****11/4 TERMNAL 36M3H/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE VS. 11 \>" TTTBUXM n "iriniiM 1i 'J' irTTirnw ri"ir ■Tnmrrrf n ■EmJEEOI riT-rnm rrnigrf [gMESMtISJtESMtCTEmiEU rrTTTf|giMGiJiEIIIEMMEUiEIME2gi gFiFTTrMSSMgiMEIZIIEniWBEImMCI FTTnnri htm EUEmZJBIIIIn&IM Bill mnrTTTnMguciZTiuj135 words
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Advertisement150 1986-09-16 25 •NfTF PNATIONAL TO HOMO KOWO TFS VOY 121 TFS VOY 122 TO HAMBURG TFS VOY 073 \E Eta Nn l«/» 27/* Eta Pan Eta HI 18/t 13/10 TFS VOY A4S TFS VOY TS3 Eta Pan 25/8 Eta Fan 23/ V Eta Mai 24/10 Eta Kaa 30/9 TRANSOCEAN (Ml SDN. BHD150 words
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Advertisement310 1986-09-16 25 Bookings: MAC-NELS AGENCIES PTE. LTD. Tel: *****44 (20 Unas) MAC-NELS (MALAYSIA) SDN BHD. P. Ketang Tel: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. Penang Tel: (04) *****6, *****2 Scan Dutch V M NNMM TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL PKG PEN VESSEL SIN I)OTSEILLES 2) R*OAM 3)LONOON 4 > MAMBURS S)GOTHENBURG s/io310 words
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Page 26 Advertisements
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Advertisement170 1986-09-16 26 EAC> i ""i i' l, 1 Sinj>.ipore Appnls BAKKt SIMf DARBY SHIPPING Pll 111) lei S3b 1088 b3V3?6 CANADIAN PACIFIC BULK SHIPS REGULAR EUROPE SERVICE KK SM PK PNG Loadmg for: Fort Hamiton (1975) 5/10 7/10 9/10 Kott, Hbf Fort Nefcon (1975) 6/11 12/11 14/11 16/11 Rott. Ant, Hb( eg170 words
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Advertisement164 1986-09-16 26 K S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 143 Cfcil Street 10 01 GB Budding Spoif 0106 If I 2219?55 Port Keijng lijj Pmj Shipping Sdn Bhd Ifl 03 *****74 *> Pfnjng Tradf transport ltd lel 04 *****3 Pjs* Gudang Mjlj»sun Shipping Agfncifs Sdn Bhd Ifl 07164 words
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Advertisement263 1986-09-16 26 X: °4" ,/jy w Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO t aiwrorii AIUJILUvUd FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY. FRIDAY ADVERTISEMENT. EAST AFRICA MORNING GRACE AFRICA MARU PIKE BANK WEST AFRICA ANDES MARU EARNEST VENTURE KRITI GOLD HIMALAYA MARU Rmks: Subject Inducement. 19 Sept 26 Sept 3 Oct263 words
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