The Business Times, 22 April 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, APRIL 22, ISBC 75 CENTS
    12 words
  • 527 1  -  By JEFFREY TSANG CHEAP LOANS given through the Small Industries Finance Scheme in the first two months of this year reached $25 million more than a third of the total loans provided last year and total loans this year are expected
    527 words
  • 604 1  -  Company close to selling Furama Hotel By NAJEEB JARHOM PUBLICLY-LISTED Wannian Holdings Ltd has confessed that it is facing serious cash-flow problems and is finalising negotiations to sell its prime asset, the Furama Singapore Hotel in Chinatown. In a rare disclosure of its financial health,
    604 words
  • 172 1 AFP CHINA has named a Japanese as adviser to an official organisation overseeing an expansion project in the eastern port of Tianjin, the New China News Agency (NCNA) said yesterday. Mr Yukio Torii, the director of the Kobe Harbour Bureau in Japan and now
    AFP  -  172 words
  • 52 1 IN THE STORY headlined "UOB to pay Cowec members 7.5 pc return for last year", dated April 21, the 10.2 per cent return should have referred to the period Oct 1, 1984 to Dec 31, 1965, and not from Oct 1, 1984 to Dec 31, 1984
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  • 290 1  -  By ELAINE KOH THOMAS-ROBERT Insurance Brokers, a leader in the field in Singapore for more than a decade, is under provisional liquidation, with an estimated $1 million in debts outstanding. Insurance company Cosmic Insurance has started a wind-ing-up action against ThomasRobert, which is to be
    290 words
  • Article, Illustration
    100 1 SINGAPORE AIRLINES wm tea v«Utile to provide a lead far Mm chips yesterday aad Malaysiaa specalatives remained qaiet la the ahaeace at aews ahaat aattoaal clcctleas across the Caaseway. As a matt, share prices aa the Slagapare stock market daacd mixed yesterday after a day cf qaiet tradiag.
    100 words
  • 328 1 Reuter, AFP BIG BANK currency speculators yesterday beat a determined but lonely attempt by Japan's central bank to stop the US dollar collapsing against the yen and sliding fast against the West German mark. Dealers said the Bank of Japan had reached
    Reuter,; AFP  -  328 words
  • 117 1 AFP A MAJOR PLANK of new investment and trade policies favouring the Philippine private sector will be the privatisation of the government's vast corporate holdings. Spokesman Butch Pajarillo of the Trade and Industry Ministry yesterday quoted Minister Jose Concepcion as saying that the new government
    AFP  -  117 words
  • 372 1 SINGAPORE'S accountants have been urged to learn a lesson from Australia, and reject any notion of liberalising the rules on advertising. The president of the Singapore Society of Accountants (SSA), Mr Keith Tay, argued that the Australian experience supported his belief that advertising would
    372 words
  • 144 1 NST, Reuter SABAH Police Commissioner Haji Ahmad Maulana Babjee has reminded political parties that public meetings, rallies and processions remain banned in the country. However, candidates, their agents and canvassers may organise house-to-house campaigning and indoor gatherings for the Sabah State elections, to be
    NST,; Reuter  -  144 words
  • Page 1 Advertisements
    • 90 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM PILOT HiTecpnint Vs NEW Liquid System Transparent window lets you see how much ink you've used up. The jumbo ink tank-holds ink to write for more than 2 kilometres, twice the mileage of ordinary pens. There is no drying up, even if the HiTecpoint
      90 words
    • 243 1 8888 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO DOONESBURY OUR VIEW THE CURRENT RECESSION has spawned a general sense of despair among businessmen about the country's economic future. But difficult as the environment might be, their outlook may have been distorted by their close-up perspective.
      243 words
    • 8 1 Full report, Pag* 13 Aston stocks, Pago 11
      8 words
    • 183 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM {&/!$[}-@/_&^=&`!)?(=>|~_._,-+" Shipping Timat comti at a aaparata taction today. Maka aura you gat your copy. Forget your Savings passbook This card is all you'll need. mm ***> w Hongkong Bank Statement Savings Account Enjoy all the benefits of our Savings Account without the necessity
      183 words

  • HOME NEWS
    • 326 2  -  By ALVIN TAY SHING LOONG FINANCE, the Keppel group's wholly-owned subsidiary, said it would launch its export factoring scheme during the second half of this year. Keppel's financing arm said in the Keppel group's March newsletter Keppelite that it had been granted in-principle ap-
      326 words
    • 244 2 PRODUCTION of granite, brick •■H cement got off to a weak 'start this year with output down by an average of 25 per cent in January compared with the same month last year. This was a continuation of the downward
      244 words
    • 228 2 SOME TEACHERS are so unresponsive that they could be replaced by a computer-aided instruction system "with no disadvantage and loss to their pupils". "The basic issue in trying to teach someone is motivation," said the Minister of State for Education, Dr
      228 words
    • 133 2 THE WORKS of the Singapore Polytechnic's Electronics Communication Engineering students will go on display during the poly's Fifth Commex Exhibition this week. Open to the public, the poly's gymnasium will be filled with exhibits showing off its students' prowess in areas such as robotics,
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    • 383 2  -  By CHUANG PECK MING NTUC COMFORT will send 6,700 taxi and bus drivers to improve their service and image under the Cosec project started recently by the Skills Development Fund. "Taxis will become a more personalised and perhaps upmarket means of public transport in future.
      383 words
    • 292 2 IN A MAJOR market development effort, Esso Singapore has teamed up with Yukong, Korea's largest oil and petrochemical company, to market lubricants in South Korea. This is a milestone for Exxon, the world's biggest oil corporation because it is the first time
      292 words
    • 119 2 NEW ZEALAND'S defence policy will be the subject of a talk organised by the Singapore Institute of International Affairs (SUA). Presenting the talk at the National University of Singapore's Faculty Club on April 30 will be Professor John Hoadley. From the Department of Political Studies,
      119 words
    • 43 2 ASEAN environmentalists will begin a three-day discussion today on various aspects of environmental control at Hotel Equatorial. The Ministry of the Environment will play host to thirty-five representatives at the ninth meeting of the Asean Experts Group on the Environment.
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    • 252 3 SINGAPORE'S over-50s budget tightly, are prudent spenders and have no fancy for credit or loan schemes. Most also have accounts in at least two banks. These were some of the findings of the Post Office Savings Bank annual survey on banking habits.
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    • 165 3 THE NUMBER of vehicles on the roads continued to fall last month and if this keeps up, the Registry of Vehicles expects a shrinkage of 1.9 per cent this year, compared with a decline of 0.9 per cent last year. This drop
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    • 469 3 WHEN THE FIRST stage of the OUB Centre is completed in June, Overseas Union Bank will occupy 12 floors of the 60-storey building. The letting agents believe that a lot more space will be taken up by the year-end, in spite of the
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    • 567 3  -  By SAID ABDULLAH THE SEVERE COMPETITION among the big local hotels is now hurting operators of small and medium-sized hotels which have hitherto been cushioned by the exclusivity of their clientele. A number of hotels contacted
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    • 475 3  -  By LEE HAN SHIH INTENSE COMPETITION slashed $10 million off revenues of hotels and restaurants in February, a month which saw the average occupancy rate of hotels dropping below 60 per cent for the first time in at least a decade. Stiff competition saw revenue
      475 words
  • Page 2 Advertisements
    • 78 2 x fe,:. i «ii .v* > IS:, Euro Si 6> gkok *#?a ■■v y ,>v ankfurt and Rome from 85 m STA 1 s HP is Jl y£oß 52* mi r; Class on anv other airline, youd ha A wider-than-nc feet this is jus occasion for exc of menus and
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    • 189 2 k ift r- ■p mt 'A 4 May I be of service to you? 44 I'll answer your telephone calls, take messages, handle your mail and telex. I'll even arrange for your airline tickets, make hotel and restaurant reservations. The best part is you never ever have to pay me
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  • Page 3 Advertisements
    • 129 3 Where else puts you in the heart of Kuala Lumpur at such affordable prices. Where else brings you the luxury of the city' largest hotel rooms and eleven places to wine and dine. Where else but the Shangri-La. Kuala Lumpur s finest hotel. KUM_A LUMPUR A SHANGRI-LA INTERNATIONAL HOTEL IN
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  • BANKING AND FINANCE
    • 497 4  -  Sang Kancil is BT's financial futures trader. Every Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on the Singapore International Monetary Exchange. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL WHAT A WEEK it
      497 words
    • 366 4 NYT NO SOONER had the US Federal Reserve reduced the discount rate last Friday than credit market participants began debating whether the Fed might make another move towards an easier monetary policy and lower short-term interest rates. A central question continues
      NYT  -  366 words
    • 120 4 Reuter WHITE HOUSE chief of staff Donald Regan said yesterday he thought that the US prime rate should be reduced. Mr Regan, speaking on NBC Television, said the prime rate, the rate banks charge their best customers, should go down by at least
      Reuter  -  120 words
    • 398 4 NYT THE WHITE HOUSE Economic Policy Council has approved a plan to provide between US$l5 billion and US$25 billion to the ailing Federal Savings and Loan Insurance Corp (FSLIC) over the next five years. Last Monday, the council, headed by Treasury Secretary
      NYT  -  398 words
  • MONEY AND EXCHANGES
    • 542 4 SINGAPORE The US dollar closed easier yesterday against most major currencies but above the day's lows, after a day of active and nervous trading following heavy Bank of Japan intervention in Tokyo. The dollar closed sharply lower at a record low of 171.50/65 yen compared with an early
      542 words
    • 347 4 EURODOLLAR futures opened lower yesterday than last Friday's close following a half point cut in the US discount rate. The June contract traded sideways between 93.57 and 93.58 for the greater part of the day over mixed sentiments after opening at 93.56 in quiet trading. But Liffe opening saw
      347 words
    • Article, Illustration
      143 4 THE OVERNIGHT rate on the Singapore interbank money market fell by 3/16 point from last Friday to close at 4-11/16 per cent yesterday. The one-month term rate remained unchanged while the two and threemonth rates fell by 1/16 point each. hfciln ttw a«ri(i tH the prim rates of
      143 words
    • 241 4 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday in quiet afternoon trading. Short-dates were steady to slightly firmer at the outset and remained unchanged subsequently. Overnight and Tuesday/Wednesday closed at 7 6-7/8 per cent each and week fixed at 6-13/16 6-11/16. us$ OH*f M 7 doys
      241 words
    • 242 4 Interbank rates at 3pm yesterday: Md Offer c raao partly chawfo Local dollars to ooo unrt of toratffl cnft®^cy. US dolor 2 1730 2 1740 ***** -22 93 Storing pound ***** ***** 7 3469 -54 82 Austrotan dolor 1 5699 1 5728 ***** -54 21 NZ dolor 1
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    • 263 4 HONGKONG: The metal closed slightly lower In moderate trading yesterday In the absence of fresh (actors. Bullion ended at U*****.10/50 an ounce, compared with the $343.50/344.00 close here last Saturday and the $344.25/75 finish in New York last Friday. On the local market, gold slipped HKSS.SO to end at
      263 words
  • Page 4 Advertisements
    • 177 4 liixMiionic RISES ONA NEW CLASSICAL iMMXim a r umßSm hu m THIS IS OUR IST MOVEMENT On April 25th we have invited the renowned Trio Ravel to give a chamber recital. They come from France with an uncommonly distinguished reputation for performances on record and on tour. They will perform
      177 words
    • 94 4 GB Building When less means more. BJ ■J Si D D ys if 3 Notice the vast, unobstructed space in the floor plan above. Notice the absence of columns and odd, unusable corners. This is a typical floor plan in GB Building. It allows you total creativity in office planning.
      94 words

  • OVERSEAS
    • 164 5 Reuter ASIAN-PACIFIC nations could block Australia's agricultural exports unless Canberra opens its markets to their manufactured goods, according to Australia's main economic advisory body. The Economic Planning Advisory Council (EPAC) said in a report yesterday the dynamic performance of the East Asian
      Reuter  -  164 words
    • 106 5 AN ISRAELI commission, appointed by Parliament, that inquired into the 1963 collapse of bank shares in which thousands of small investors lost their savings has called for the resignations of Bank of Israel governor Moshe Mandelbaum and heads of Israel's four largest banks.
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    • 108 5 AFP PURCHASE orders for Taiwanese products placed by overseas buyers in March registered a record monthly value of U553.29 billion, an economic official said yesterday. The previous monthly record of $3,118 billion was made in January. The official said the $3.29 billion represented an increase
      AFP  -  108 words
    • 227 5 UPI FOR THE first time since he was deposed, former Philippine president Ferdinand Marcos has admitted owning property in the US. In an exclusive interview with the San Francisco Examiner on Sunday, Mr Marcos said he owned two pieces of property in New Jersey one
      UPI  -  227 words
    • 827 5 ARRIVALS Operator Service Local From number time S1A SQII7 0005 KUL UA UA2I 0215 LAX/NRT/BKG CAL CI341 0255 TPE sv SV398 0440 JED/RUH MAS MH601 0720 KUL MAS MH68I 0820 KUL MAS MH81I 0910 PEN MAS MH671 0920 KUL SIA SQI03 0950 KUL CPA CX7I0 1015 CGK
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    • 451 5 Slower pace of economic programmes to consolidate gains UPI AFTER MONTHS of relative economic instability, Chinese leader Deng Xiaoping has announced a slowing of his market-oriented reforms and scaled down China's goal of catching up with advanced industrial nations by the year 2050, the official
      UPI  -  451 words
    • 493 6 Opposition put into a corner by the bombing NYT THE AMERICAN bombing of Libya is likely to stifle rather than fuel opposition to Colonel Muammar Gaddafi, the Libyan leader, according to several Libyan exiles. Western and Arab political analysts and diplomats.
      NYT  -  493 words
    • 238 6 AP THE UK GOVERNMENT has launched a new defence of its support for the US bombing of Libya with Mrs Margaret Thatcher emphasising that she had not given the US a blank cheque by sanctioning the use of British-based US F-11l bombers for last Tuesday's
      AP  -  238 words
    • 309 6 Reuter RECORD FOREIGN TRADE deficits are persuading Congress to consider easing legal restrictions against the bribing of foreign officials by American corporations. American businessmen say so-called "facilitating payments" more popularly known as "grease payments" made to ease bureaucratic bottlenecks in getting customs approval
      Reuter  -  309 words
    • 123 6 UPI A SKYWRITING DISPLAY over a Turkish-American parade panicked spectators in New York who mistook the Turkish flag for that of Libya and thought the North African country had attacked. City residents, startled to see the crescent moon and star of the Turkish in the sky
      UPI  -  123 words
    • 183 6 UPI PEOPLE who exercise after snacks to help bum off those extra calories may as well knock off that after-meal panting and puffing, a new study shows. A group of Kansas researchers have found exercise on an empty stomach burns off more fat
      UPI  -  183 words
    • 195 6 Reuter ACID RAIN caused by industrial emissions is destroying decades of conservation efforts in national parks and nature reserves. The World Wildlife Fund (WWF) warned in a statement yesterday that "it has been shown beyond any reasonable doubt that forests and
      Reuter  -  195 words
    • 336 6 AFP TWENTY-FIVE YEARS after US-armed anti-Castrists landed at the Bay of Pigs, new "mercenaries" are sabotaging Cuba's economy. Their existence was revealed officially for the first time on Sunday by President Fidel Castro in a tough speech marking the 25th anniversary
      AFP  -  336 words
    • 168 6 AP WHITE HOUSE Chief of Staff Donald Regan has said that Washington expects Soviet leader Mikhail Gorbachev to "live up to his word" and meet President Ronald Reagan in the US this year. Mr Regan made the remark in a television interview on Sunday as
      AP  -  168 words
    • 410 6 AP ENGLISH-SPEAKING Americans are being bombarded these days by for-eign-tongued pitchmen on television. It's no mistake, it's a way advertisers think they can boost sales of shampoo and diet aids. Actors speaking French, German, Russian, Japanese and Eskimo are turning up
      AP  -  410 words
  • Page 5 Advertisements
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      44 words
    • 227 5 *hmlm 1 r V J r M n j m T t, I Protectimarena getting vour moneys wrthtafcv? Take a second look at your security system. Because chances are you can well afford better protection and more peace of mind with APRO. APRO is a security protection company set up
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  • Page 6 Advertisements
    • 407 6 V prime rib ONLY $22.50 PER PERSON. IT'S WORTH GOING FOR! Sit down to the quiet congenial atmosphere of The Terrace and enjoy a succulent meal of delicately roasted, wellseasoned U.S. Prime Rib served with braised button onions, grilled tomato, baked potatoes, watercress and roast gravy. Accompanying the Prime Rib
      407 words
  • Page 6 Miscellaneous
    • 88 6 Doonesbury GOOD N£m, EOfS ANP 6IRIS! HEPE ON THE LINE WITH AN opposing viewpoint is mm J HOUS£ SPOKESMAN LARK/ 1 SPBAKES! SPEAK TO US, SPEAKES! m m-f% 51== m "NPR'S so-called'sleazb ON PARADE' IS AN OUTRAGE. THEM APPOINTEES NAMED ARE ALL VICTIMS OE VICIOUS SMEAR CAMFW6NS BY THE LIBERAL
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  • WORLD BACKGROUND
    • 668 7 Reuter A GROWING NUMBER of US friends and allies are showing readiness to play the "trade" card in dealings with Washington, trying to win new markets for their exports in return for military cooperation. US government and private analysts say that
      Reuter  -  668 words
    • 776 7 Top industrial nations recognise importance of healthy world economy UPI THE DEMOCRATIC POWERS will, as usual, bring their own economic interests to the summit table in Tokyo early next month. But they also bring as never before the conviction that a healthy world economy
      UPI  -  776 words
    • 493 7 Bernama DATUK JOSEPH PAIRIN Kitingan is a name synonymous with Tambunan the state constituency he contested and won in four elections since 1976. Last week, Datuk Pairin Sabah's Chief Minister, president of the ruling Parti Bersatu Sabah (PBS) and also the first
      Bernama  -  493 words
  • Page 7 Advertisements
    • 112 7 f "TuiAcLuf/ Singapore to London/ Thursday, Saturday and Sunday Now you can wake up to a first class breakfast four days a week and still be in London before the traffic jam. AIR CANADA QD OFFICIAL AJKUNE VANCOCVE*, MAT 2 TOOC HIW* H. AIR CANADA FLIES EVERY THURSDAY,SATURDAY,SUNDAY,AND FROM APRIL
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  • FEATURES
    • 458 8 THE FIRST Deputy Prime Minister, some months ago, not»] that there was a sense of impending doom among some Singaporean businessmen. Perhaps this feeling has lifted somewhat since Mr Goh Chok Tong's air-borne discussions on Singapore's economic future on his way home from the United States.
      458 words
    • 1197 8  -  By FLORENCE CHONG INTEREST IN AUSTRALIA has been heightened as a result of the recent visit of Prime Minister Lee Kbm Yew ts that country. Western Australia, in particular, displays a stronger desire to
      1,197 words
    • 214 8  -  Letters to the Editor Tony Au Asst Geaenl Secretary, Singapore Maritime Officers' IMn Dear 9r, Please refer to the article, "Call to enhance Singapore seamen competitiveness", which appeared in your Shipping Times on April 18. The National Maritime Board (NMB) purported that there were only
      214 words
    • 271 8  -  D W Distant Dear 9r, It looks like the local "Big Four" banks and their share-brok-ing subsidiaries are eagerly waiting to make money out of CPF members daring enough to use their available balances to invest in the local stock market.
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    • 220 8  -  A Joseph Dear Sir I wish to thank Margaret Thomas for her article on a group of creative, entrepreneurial people trying to set up a social club for single professionals in Singapore. It is headlined "Matchmaking Pte Ltd", and appeared in BT on April
      220 words
    • 156 8  -  P C Marcus Dear Sir, The article by Hock Lock Siew headlined "Teck Puat strikes back" in BT April 17 is amusing. Last year, when the Hongkong and Shanghai Bank made a bid for the Bank of Scotland, the bid was aborted because the Bank
      156 words
  • Page 8 Advertisements
    • 67 8 provide you with another without charge. That's our way of saying welcome. Besides, we'll be serving snacks and canapes and if you're lucky, you may win a dinner for two at one of our outlets:Chesa Swiss Continental Restaurant, Golden Phoenix Sichuan Restaurant and Stevens Corner. Come and be entertained by
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    • 34 8 We would like to romind our reeders that letters eent to the editor must be signed with their names and addresses before we can publish them. Include a pen name if you wish anonymity.
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    • 43 8 TAN CHONG TOWER Office Suites from 30 to 200m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 Tan Chong Realty (Pte) Ltd 15 Queen Street Singapore 0718
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  • Page 8 Miscellaneous
    • 674 8 CRYPTIC PUZZLE ACROSS 3 Appeals heard to keep someone happy (5) 8 Extra good to us (5) 10 More than fashionable young bird (5) 11 Uncle to a large number (3) 12 Two in a suit (5) 13 Sculptures to play games with? (7) 15 Helps one's passage east among
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  • SPORTS
    • 331 9 Reuter THE THIRD FIGHT in the heavyweight world series to unify the title has been tentatively set for London in July between World Boxing Association (WBA) champion Tim Witherspoon of the US and Frank Bruno of England, according to the promoters.
      Reuter  -  331 words
    • 629 9 NYT THREE HOURS LATER, in the frustration of his farewell address, Larry Holmes talked quietly but firmly about how the judges had lying eyes in awarding Michael Spinks a split 15round decision. But the moment of truth for the 36-year-old exchampion had
      NYT  -  629 words
    • 464 9  -  By WALTON MORAIS IF THE SICC OPEN golf championship is an indicator, the Republic's leading amateur golfers are maturing into a formidable bunch ready to match the best in the region. For four days at the New Course last week, our amateurs turned in performances
      464 words
    • 319 9 AP SOUTH AFRICAN John Bland fired an unwavering final-round 67 over the 6,172-metre Mougins course on Sunday to topple overnight leader Severiano Ballesteros of Spain and win the US$l5O,OOO Cannes Open Golf tournament. Bland, 41 next Tuesday, finished at 12 under par overall
      AP  -  319 words
    • 177 9 Reuter JAHANGIR KHAN of Pakistan and Ross Norman of New Zealand showed why they are the top two men in squash by reaching the British Open Final yesterday, but there was an upset in the women's event. Jahangir was again supreme in eliminating thirdseeded Stuart
      Reuter  -  177 words
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  • Page 9 Advertisements
    • 106 9 NATIONS GOLF CHAMPIONSHIP THE DUNHILL CUP 1986 PACIFIC FINAL Singapore Island Country Club 2-4 May 1986 The Singapore Island Country Club plays host to the Dunhill Cup Pacific Qualifying Final from the 2nd to the 4th May. Eight teams, including Singapore, will be competing for prize money of US$lOO,OOO and
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  • Page 9 Miscellaneous
    • 1108 9 to imd mm nil 4-i =r;' d .1: Now and Forever 10.30pm, Channel 5 1r The near-perfect marriage of a Sydney boutique owner and her husband, a promising writer, is threatened when he is accused of rape after a casual one-night-stand. As they struggle to prove his innocence, and she
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  • 853 10 UPI THE RECENT WAVE of proposed US airline mergers, which promises to change the shape of the industry, is not likely to have a lasting effect on aircraft manufacturers, spokesmen for two of the biggest said. Boeing Co and
    UPI  -  853 words
  • 494 10 NYT IT MAY NOT be June, but it's spring and annual reports are bursting out all over the US. Glossier than ever, they keep looking less like financial documents required by Rule 14A-3 of the Securities Exchange Act of 1934 and more
    NYT  -  494 words
  • 467 10 FT SHEARSON LEHMAN, the Wall Street securities firm and American Express subsidiary, has set up a US$6O million pre-tax reserve to cover potential losses stemming from the collapse of the tin market and the London Metal Exchange's decision last month to
    FT  -  467 words
  • 130 10 Reuter A SPOKESMAN for Hambros PLC said in London yesterday an announcement about the placing of a stake in the company owned by Hambros Trust PLC could be made by today. Hambros Trust holds a controlling stake in the bank for the Hambros family. He
    Reuter  -  130 words
  • Page 10 Advertisements
    • 658 10 mm m JgW Royal Holiday Inn Singapore celebrates SECRETARIES' WEEK 1986 APRIL 22 Ftllda Wan Fray Fablanl Fashion House Lunch cum Fashion Show: S2S.CX) per person (plus 10% service charge and 3% cess). Lunch: 11.30 am to 2.30 pm Fashion Show by Carrie Models: 1.15 pm For reservations, please call
      658 words
    • 173 10 AND THE PERFECT COMBINATION GOOD MI'SIC AND GOOD WINE GOOD FRIENDS AND LAUGHTER YOU AND YOURS AT THE LOUNGE ROSE MARIE. DAISY. MANUEUCA AND EMMANUEL WITH CHART TOPPERS. OLDIES AND ROCK N ROLL. PUT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OUT ENTERTAINMENT: Mon Thurs: Bpm to 1 am.
      173 words

  • ASIAN STOCKS
    • 364 11 HONGKONG: Share prices yesterday closed easier in active trading as the market continued its recent consolidation, brokers said. The Hang Seng Index fell 2.02 points to 1,788.38 and the Hong Kong Index lost 1.43 to 1,111.35. Brokers noted profit-taking after the sharp gains which had boosted the index by
      364 words
    • 230 11 AMI 21 AM Sincere hdui Kotn iSso -0 2 1 NT 2 76 24 50 unch 0.2 Kuochan Dev Lee Chang Yuen Ch 20 30 23 70 06 0 9 32 80 0.5 12 65 -0 1 45 20 36 00 0 4 24 40 02 22 30 0
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    • 432 11 TOKYO: Prices yesterday fell back from early highs in moderate trading to end little changed amid investor uncertainty over the outlook for the yen and the market's future trend, brokers said. The market average rose as high as 15,914.91 in early trading, but slipped back to close up 0.66
      432 words
    • 72 11 Aft 21 r«« Oriental B Phi Overseas 0009 0015 ■0 002 unch Acoje Mmmg PMe« B 021 0 011 unch 16 unch PLDT 76 ■•■35 Boguio Gold Bouc Petroleum Benguet Coo B First Phi rtdgs 110 3 90 unch +0.1 Son Miguel B Seotront Sme Darby 38 50 0006
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    • 364 11 SYDNEY: Australian shares closed slightly easier yesterday with continued strong demand for quality industrial stocks offset by a weaker resources sector, brokers said. The All Ordinaries Index eased 0.2 from last Friday's record close to end at 1,218.3 after peaking at a record 1,223.3 in early trading. The All
      364 words
    • 77 11 APR 21 Bonk Seoti Choheung Bk Won 760 748 780 46 -22 -40 Hyundo« Const Hyundai Motor KM Korea First 1000 2230 1210 755 2095 50 -105 -50 -55 -90 -25 +8 -28 Korea Sh*> 438 43 Lucky Ltd 1126 40 1213 Samsung Co 1035 75 506 -17 Samsung
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    • 115 11 BANGKOK: The Securities Exchange of Thailand Index dipped 0.16 to 127.89 yesterday. Turnover amounted to 165,993 shares valued at 29.8 million baht. AM 21 Mm ScinvA Sam Cement 445 6 Asm Ffcre Ayudhyo Investment Bangkok Agro-lnd 22 50 182 0.25 -2 Smmti Cita<m Leas Stam City susp Bank Of
      115 words
    • 54 11 Reuter THAI OIL Co Ltd has named a four-member Japanese consortium to carry out a US$l95 million expansion of its Sriracha oil refinery south-east of Bangkok. It said the expansion contract was awarded to Chiyoda Chemical Engineering St Construction Co, Marubeni Corp, Mitsubishi Construction Co Ltd
      Reuter  -  54 words
    • 237 11 Reuter THE BANK of Thailand yesterday approved a plan (or Australian Guarantee Corp, a unit of Westpac Banking Corp, to take an 80 per cent equity stake in First Siam Financial Corp. Supachai Panichapakdi, a senior bank official in charge of supervising nonbank financial institutions,
      Reuter  -  237 words
    • 260 11 Reuter THE SUPREME COURT of Victoria has rejected an application by Bell Resources Ltd for clearance to mail its Part A offer document for shares in Broken Hill Pty Co Ltd, BHP, to shareholders by today. In refusing a Bell application for
      Reuter  -  260 words
  • Page 11 Advertisements
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      159 words
    • 138 11 T r I *5* ft«a V Ar', ssrwt^ (^rfll Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting BUSINESSMAN'S LUNCH Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00 10% 3% (adult) $12.00 10% 3% (children) For reservation call *****22 Ample tree
      138 words
    • 124 11 3 t E Exclusive Pool Membership for only $15 a month For as low as $15 a month you are entitled to unlimited use of Grand Central's pool facilities Membership is also open to the following: Single $15.00 per month Group/Company $12 per Couple $25.00 per month person pef month
      124 words
    • 158 11 cgcßEiwats vStEK apw-w- 26 Four ways to show your secretary just how much you appreciate her Pete's Place S2s* Lunch and fashion show by Carrie's. Nutmegs $26' Lunch and fashion show by IMP International Hugo's $30* Lunch and fashion show by Elsa Yeo Agency The Lounge $9.50* Teatime fashion show
      158 words
    • 208 11 You can taste it with your eyes BUSINESSMAN'S LUNCH (DaiM $14.00 for 2 persons (4-course Set Lunch) $21.00 for 3 persons (5-course Set Lunch) $28.00 for 4 persons (6-course Set Lunch) $35.00 for 5 persons (7-course Set Lunch) A la carte authentic Sichuan Cuisine also available. Cater to weddings, anniversaries
      208 words

  • RAW MATERIALS
    • 239 12 AP THE SALE OF 100,000 tonnes of corn to South Korea may signal a turning point in prospects for American grain exports to the Asian nation, the president of the US Feed Grain Council says. A South Korean trade delegation closed the US$ll
      AP  -  239 words
    • 297 12 Reuter INDIAN COTTON exporters have asked the government for subsidies to compensate them for low world prices. Traders and growers agencies said good crops in the US, China, Pakistan and Australia had depressed prices. "There is a world cotton glut. Unless we sell cotton
      Reuter  -  297 words
    • 258 12 Reuter, Antara INDONESIAN PLANTATIONS have been exporting crude palm oil (CPO) at below production cost. Indonesian Agriculture Minister Ahmad Affandi said most state plantations were producing CPO at between US$24O and $270 a tonne, while export prices were between $190 and $200. But
      Reuter,; Antara  -  258 words
    • 147 12 UPI THE SOVIET UNION is adding more spice to its life with the help of Japanese scientists. "The country's first plantation of cinnamon has been initiated in Georgia," Moscow News magazine said last week. The southern Soviet republic, famed for its fruit and
      UPI  -  147 words
    • 138 12 AFP COCOA defied the laws of gravity and made sharp gains on the terminal market in London last week in spite of sterling's rally on the back of a weaker dollar. The unexpected movement on this market, which earlier in the week had
      AFP  -  138 words
    • 104 12 Reuter CHINA'S 1906 summer grain output is likely to rise from 1965, barring natural disasters, because of a 1.7 per cent increase in area planted. A state statistical bureau spokesman said that all summer crops cover 28.8 million hectares, a rise of 157,000
      Reuter  -  104 words
    • 290 12 AP THAILAND will send a highlevel delegation to Washington for negotiations if the US does not raise the prices of its rice exports by next week, Foreign Minister Siddhi Savetsila says. The US Department of Agriculture has announced the amount of
      AP  -  290 words
    • 106 12 (cents/kg, 1-ton pollets) JUNE 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 155 50 157 50N 156 50 158 SON SSR 50 152 50 154 SON 153 50 155 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 212 00N 211
      106 words
    • 148 12 Chinese Produce Robusta 20/25% Exchange Sellers' noon closing Apr 21 (S$/100 kg) FOB NSW 625 00 prices on Nutmeg 110 FOB NSW 1422 00 Coconut oil BWP FOB NSW 1322 00 Bulk FOB 50 00 Gambier Old drum FOB New drum FOB 6300 67 00 FOB NSW 330
      148 words
    • 213 12 MALAYSIAN crude palm oil prices yesterday extended bast week's decline to close at the day's lows on persistent selling interest. The market was pressured by the fall in palm oil futures and a weaker Chicago soyoil futures close last week. Dealers said estimates of still large Malaysian palm
      213 words
    • 408 12 COFFEE Robusta futures trading was routine yesterday morning, with the market holding steady in light two-way jobber activity in the absence of fresh news. Contracts closed with pared gains of £28 to £5 a tonne, as a rally in sterling from its lows undercut sentiments. Switching operations, involving
      408 words
    • 119 12 THE KUALA LUMPUR Ha Market price (ell five eeats (rem last Friday to eleee at M 514.71 per kg yesterday ea laek ef streag everseas demaad. Dealers said trading waa (airly qaiet aad turnever la the week waa unchaaged (rem last week's 42 teaaes, maialy tke resalt e(
      119 words
    • 66 12 Bangkok (US$/toMM, FOB) White Rice 100% 1st ckKS 240 100% 2nd class 215 100% 3rd doss 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-l Super 115 A-l Special 112 C-l Special unq C-1 Ord unq Loonzoin Rice 100% 1st grade unq
      66 words
    • 62 12 Reuter THAILAND'S Mineral Resources Department said it fixed the Thai posted tin price at 9,137.52 baht per 60-kg yesterday, down from last Friday's 9,208.96 baht. It said the price was a direct baht conversion of the M 514.70 a kg reference price quoted by the Kuala
      Reuter  -  62 words
    • 328 12 SINGAPORE The market closed quietly lower yesterday with May One RSS buyers quoted at 163.00 cents per kg, down 1.50 cents from last Friday's close. Dealers said the morning session lost one cent in quiet trading following some long liquidation and lower Japanese advices. Prices eased slightly in quiet
      328 words
    • 324 12 RAS prices < HI S cents/kg, FOB in b oles NOON CLOSE fciytn Sellers Buyers Sdlen Int 1 RSS Prompt 163 50 164 SON 163 00 164 00N Hit 1 RSS May 86 163 50 164 50 163 00 164 00 Int 1 RSS June 86 *****
      324 words
  • Page 12 Advertisements
    • 69 12 ri m Bel l 9 O-SPSU-OvaW* o< K --rs sr- 55 I Tender Bee seaso $15 .00 ich entity *AC > adi ff a 50% disco^_^ll__--1 them GW that Thank God It's Friday feeling, every day at Non-Diners:First Drink Charfe(Sa todays and ewes of public holidays): Jl7nett. Sundays through Thursdays:
      69 words
    • 203 12 a Ming Court Hctd Limited (Incorporated in the RepuWc of Singapore* NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of the Company will be held at Ming Crystal Room, Ming Court Hotel, 1, Tanglin Road, Singapore 1024 on Saturday, 10th May, 1986 at
      203 words

  • SHARE INFORMATION
    • 4112 13 SHARE PRICES closed mixed on the Singapore stockmarket yesterday in fairly quiet trading. SIA and Promet swamped the day's trading. Turnover was heavy only in these two stocks. At the close the Straits Times Industrial Index was 0.45 point better at 584.06 while
      4,112 words
    • 276 13 SINGAPORE Rises IndicM OCIC 610 10 M T P 109 +9 OSS 474 +6 S Steam** S0< 73 +6 S 1 A 655 +5 S t M 585+5 FIN 570 +5 Troctors 92 +5 Lee Kiei Teh 50« 60* Spore k) 268 +4 She* 265 +4 H
      276 words
    • 2623 13 BID and offer prices officially listed and hwlw in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All Thne Settlement Contracts are quoted after the word "SETT'.
      2,623 words
    • 274 13 Managers' prices for April 22 MARA-Bumiputra First B'putro 4 22 4.27 Singapore Unit Trust Second B'putro Third B'putro 3 75 3 19 380 324 The Commerce 0 79 0 84 Fourth B'putro 3 39 3 44 The Savmgs Fund 0 61 0 66 Fifth B'putro 200 2 05
      274 words
    • 121 13 L HONGKONG Hong Kong Index Monday *****5 Fhday 1112 78 Week ago 1111.03 Hong Seng Index Monday 1788 38 Friday 1790 40 Week ago 1785 45 Austrolion Industrials Monday 1991.6* Friday 1983 2 Week ago 1939 5 NEW YORK Dow Jones Friday 1840.40 Thursday 1855 03* Week ago
      121 words

  • COMPANY NEWS
    • 806 14 PERMODALAN Nasional Bhd (PNB) has set up an investment development unit to explore new areas of investment for the organisation in the medium and long term. It will also look out for opportunities to invest in companies facing financial difficulties. Its chief executive, Khalid
      806 words
    • 581 14 LETHARGIC TRADING prevailed on the Kuala Lumpur stock market yesterday as investors kept to the sidelines for most of the day. The market was mixed to slightly easier and price movements were small as trading remained quiet. Blue chips were also mixed
      581 words
    • 607 14 Reuter THE IRANIAN-IRAQI WAR has provided a booming business for Selco, Singapore's largest salvage company, which managed to stay afloat during the worldwide shipping recession by rescuing burning tankers. The company nearly foundered when its parent company Pan-Electric collapsed last
      Reuter  -  607 words
    • 2449 14 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. •©US TRIALS Aiinomoto (3 OOS) xd AMD (3 328 3
      2,449 words
    • 597 14 LAST FULL YEAR Company Period Dote Yeor Net EPS Gross Net announced ending (cents) div profit last year (S'000) Mulpho Intl Interim Aug 24 Dec 85 30 738L Federal Flour Interim Sep II Dec 85 27.1 175 22,988 Kramot Interim Sep 20 Jan 86 9.1 15 0 360
      597 words
    • 94 14 PRIMA Ltd: 26th AGM at 201 Keppel Road, Singapore 0409 tomorrow at 3pm. The EGM follows immediately after the conclusion of the AGM. AJINOMOTO (M) Bhd: 25th AGM at Lot 5710, Jalan Kuchai Lama, Petaling, Kuala Lumpur on Thursday, April 24, at 9.30am. BRITISH-AMERICAN T»b»cc« Co (S) Ltd:
      94 words
    • 1242 15 Currant Ex Books Date Total for Total for payment dot* close payable the year lost year A B N 14% NYA NYA May 14 27% 26% Acuta 5%<b) NY A NYA NYA 5% 5% Amcol 10% Apr 28 May 6 May 22 10% 9 1 %(a) Ajinomoto 15%
      1,242 words
    • 489 15 THE Kuala Lumpur Stock Exchange (KLSE) is not contravening any law in calling for a second meeting on May 3 to decide on the Msso million standby credit facility for brokers. Some brokers have questioned the legality of this second meeting following the failure
      489 words
    • 509 15  -  Director dismisses rumours of work stoppage By CHAN OI CHEE AMID TALK OF Promet Bhd in financial difficulties, a director has dismissed allegations that the company has dropped its ambitious Ms 3 billion Langkawi resort development plan. "Given the economic slowdown in Malaysia and some adverse
      509 words
    • 376 15 Bernama PROMET BHD is retrenching its staff to consolidate its position just like other companies in view of the current tight business conditions, its deputy chairman and executive director Mr Moehamad Izat Emir has said. The marine construction and property group is not in
      Bernama  -  376 words
    • 138 15 Reuter CATHAY PACIFIC Airways Ltd chairman Michael Miles has defended the planned public flotation of the airline's shares, saying that it was not aimed at boosting its position in bargaining for new China routes. Mr Miles said Cathay is widely acknowledged as a Hongkong airline
      Reuter  -  138 words
    • 536 15  -  By RAMESH CHANDIRAMANI THE 20 PER CENT ceiling placed on the foreign ownership of Singapore Airlines has created a twotier market price system for its shares. Brokers and dealers yesterday said foreign-registered SIA shares were being sold in some
      536 words
    • 542 15  -  By AMY CHEOK UNITED ENGINEERS LTD, which was forced into the red in 1964 by a loan default of $18.2 million, is still incurring losses, albeit much reduced. And prospects in the current year are not expected to improve. However, the
      542 words
  • Page 14 Advertisements
    • 492 14 NOTICES .rrrnnrr COMPANIES ACT, CAP. 185 Pirnuat to SeettM 2M(2)(k> AND .MH '> I Jfl r.V MI wH I LECTRONIC TRADING PTE LTD At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 10 Anson Road, #18-23 International Plaza, Singapore 0207 on Wednesday, the 16th day
      492 words
    • 466 14 In The Matter Of He Companies Act, Cap. 185 Aim! la The Matter Of Hoa Garden Development Private Limited (Incorporated la The Republic Of Singapore) At an Extraordinary General Meeting of the members of Hua Garden Development Private Limited, duly convened and held at Apt. Blk 531, Upper Cross Street,
      466 words
    • 195 14 IN THE MATTER OF RIXIN TRADING COMPANY PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 185) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the
      195 words
    • 234 14 NOTICE NOTICE IS HEREBY GIVEN that, I Liau Poh Guan of Blk 21 Hougang Ave 3 #04-241 Singapore, have applied for a Retail Liquor Shop Licence in respect of premises at M/s: Guan Seng Huat Supermarket Blk 511 Hougang Ave 10 #01-149 Singapore, 1953 and that this application will be
      234 words

  • Page 15 Advertisements
    • 119 15 TENDER NOTICE 1. Tenders are invited for the following: A. Tender No 1/86. Charter of a Passenger boat to operate between Kuala Trengganu and Pulau Bidong, having a capacity for not less than 35 passengers and capable of at least 15 knots. Able to operate all year and in all
      119 words
    • 63 15 t Scrumptious Dian Xin, steamed to perfection. The tastiest tidbits created by the chefs of Kelong Thomson Restaurant, Cathay's sister restaurant, for your pleasure at lunch. A special selection of the most popular Dian Xin items are now available, in addition to our usual dishes. I HI 1 RESTAURANT I
      63 words

  • 424 16  -  School leavers expected to swell ranks of jobless By FOO CHOY PENG LATEST quarterly figures on redundancies from the National Trades Union Congress appear to lend support to the view that the scale of retrenchments will taper off this year. The number of unionised workers
    424 words
  • 263 16 UPI MEXICO'S Finance Minister is set to ask the Japanese government for US$l billion in loans, half of which are to be earmarked for an oil pipeline to link the Gulf of Mexico and the Pacific Ocean, officials said yesterday. Jesus Silva
    UPI  -  263 words
  • 305 16  -  By LISA LEE THE VALUE of building projects which obtained planning approval fell by $1.8 billion or 32 per cent last year compared with the previous year. The total value of public and private sector projects which were granted planning approval was $3.8
    305 words
  • 100 16 Reuter TAIWAN has revised the target for its 1966 gross national product growth rate up to 8 per cent in real terms from the 5.5 per cent set in December. The Council for Economic Planning and Development said yesterday higher growth would come from falls
    Reuter  -  100 words
  • 226 16 AFP SOVIET Deputy Foreign Minister Mikhail Kapitsa arrived in Bangkok yesterday and said he was carrying a secret message from the Kremlin for Thai leaders. Mr Kaptisa told reporters he would not reveal the contents of the message before a meeting today with Thai Foreign Minister
    AFP  -  226 words
  • 265 16 AFP MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad sees little future in commodity accords and says that his government will move away from its preoccupation with commodities as it strives for economic stability and growth. Producers had paid a high cost for
    AFP  -  265 words
  • 121 16 UPI A GROUP OF actors and intellectuals staged an unusual demonstration outside Rome's new McDonald's franchise on Sunday, urging Italians to pass up burgers, fries and shakes, and stick to native fast food pizza. "What disturbs us most is the Americanisation of our life,"
    UPI  -  121 words
  • 353 16 Reuter INDONESIA'S military chief, furious over Australian press reports about President Suharto's alleged family business dealings, has threatened to freeze defence agreements with Canberra, an Indonesian newspaper said yesterday. The Jakarta Post said military chief General Benny Murdani would cancel most military
    Reuter  -  353 words
  • 269 16 THE COMMISSION of Inquiry, appointed to look into Mr JB Jeyaretnam's allegations of government interference in the Subordinate Courts judiciary, has invited the public to come forward with any views it has on the subject. Mr Justice TS Sinnathuray is in charge of the commission
    269 words
  • 325 16 Reuter, AFP THE 12 European Community (EC) states agreed yesterday on a series of measures against Libya for its alleged involvement in international guerilla violence. West German Foreign Minister Hans-Dietrich Genscher said that after initial hesitation by Greece, the measures were agreed unanimously
    Reuter,; AFP  -  325 words
  • 373 16 A FEW INDUSTRIALISTS in the pharmaceutical industry feel that plans by the government to take the industry into the high technology era may remain just mere concepts for them. Many local companies are more concerned with survival rather than expansion, said Thia Siow
    373 words
  • 58 16 Reuter THE NEW YORK Commodity Exchange Inc, Comex, suspended trading yesterday due to technical difficulties at the centre. A Comex spokesman said the price reporting systems at the centre were not operating, forcing the exchange to stop trading. Business in gold, silver and aluminum futures was suspended
    Reuter  -  58 words
  • 66 16 Reuter US SHARE PRICES slipped after a slightly higher opening yesterday, with technicians holding the view that the market may need a pull back, regardless of the Fed's discount rate cut last Friday. The Dow Jones Industrial Average dipped one point to 1,839 after going as high
    Reuter  -  66 words
  • LATE FILE
    • 40 16 Reuter CHASE MANHATTAN Bank yesterday said it lowered its US prime lending rate to 8.5 per cent from 9 per cent, effective immediately. Other major US banks continue to post 9 per cent prime rates.
      Reuter  -  40 words
    • 54 16 AP SOVIET LEADER Mikhail Gorbachev yesterday said he would support the "simultaneous" abolition of the Warsaw Pact and Nato military alliances. Speaking in East Germany, he said: "We stress our readiness for a simultaneous disbanding of the Warsaw Pact and Nato, or, for a start,
      AP  -  54 words
    • 45 16 AFP 21 OPEC ministers in Geneva were close yesterday to an accord by simple majority setting an overall output level of 16.3 million barrels a day in the third quarter of 1906 and 17.3 million in the fourth, sources said. AFP
      AFP  -  45 words
    • 33 16 UPI A GUNMAN shot and killed the acting mayor of a Philippine town on Sunday in the first slaying of an official appointed by the Aquino government. UPI
      UPI  -  33 words
    • 38 16 AFP BANGLADESH has deployed troops and ordered the mobilisation of all able-bodied villagers near a flashpoint on its eastern border with India. However, a Bangladesh government source has denied the report. AFP
      AFP  -  38 words
    • 53 16 AP THE US AIR FORCE yesterday gave advance notice that nearly 100 US F-111 planes would take off from bases in Britain today as part of a big Nato exercise. The announcement was meant to head off speculation that another Libyan air raid was
      AP  -  53 words
  • Page 16 Advertisements
    • 36 16 Maybe, Your Bank. In the heart of the banking financial district Highly visible CORNER ground floor banking hall with vault Approx. 30,456 sq ft call 221 8780,221 0915 or 221 2868 for lease applications further details.
      36 words
    • 216 16 Gorbachev axpactad to mMt FUagan, Pag* I .ecretaries' JWfeekat 1819 1 GIVENCHY Olivetti CHARLES JOURDAN iffi Polaroid c/flarusho offers and more! It's gifts, prizes and surprises galore at Restaurant 1819 this Secretaries' Week 21st to 26th April. For just $35 per head, well serve you the grandest 4-course continental feast
      216 words
  • Page 16 Miscellaneous
    • 54 16 \smsma Outlook for today: Foir, except for showers in the morning. Rep ort for 24 hours prior to 7.30pm on Apr 21 at the airport: Maximum temperature 32.8 Associated humidity 69 Minimum temperature 25.8 Associated humidity 93 Hours of sunshine 9.00 Rainfall in millimetres troce Rainfall this month 135.9 Roiny
      54 words

  • SHIPPING TIMES
    • 276 17 SUNSHIP AGENCIES will act as agents for Unithai from May 1. The agency transfer is a natural consequence of developments over the past few months. Its present agents, Leo Shipping, can no longer act for Unithai since the carrier left the Far Eastern Freight Conference
      276 words
    • 430 17  -  By SHAHRIR ARIFF SHIPPERS AND freight forwarders in Singapore will try to sort out any misunderstanding at a one-day seminar on May 6. Organisers Singapore National Shippers Council (SNSC) and the Singapore Freight Forwarders Association (SFFA) said this would be the first time
      430 words
    • 201 17 FT ATLANTIC Container Line wants to expand the capacity of its big trans-Atlantic vessels, built in Sweden, France and the UK at a cost of US$3OO million, and has asked world shipyards to tender for the work. ACL, a leading operator on
      FT  -  201 words
    • 224 17 STRONG PROTESTS were made by the Norwegian Seamen's Union over the threat of at least 700 job losses caused by the flagging out of a large proportion of the Leif Hoegh Shipping fleet. More than 20 ships are likely to change flags
      224 words
    • PORTSIDES
      • 51 17 Reuter THE JAP AN/India-Pakistan-Gulf /Japan Conference will cut the extra risk insurance surcharge of shipments for non-Iranian and non-Iraqi ports not covered by the temporarily reduced commodity box rate and temporarily reduced less-than-a-con-tainer-loaded rate to 3.5 per cent from 4 per cent, effective April 25.
        Reuter  -  51 words
      • 85 17 Reuter THE AUSTRALIA/Eastern US and Australia/Eastern Canada Shipping Conferences will merge their currency adjustment factor, CAF, and bunker surcharge into their freight rates on a compounding basis, effective May 1. Their current CAF is at 21.95 per cent and their bunker surcharge is 3.99 per cent, they
        Reuter  -  85 words
    • 1183 18 CHARTERING on Friday was generally quiet throughout most sectors mf the freight market wifh rates showing little change, shipbrokers said. Iron ore operators covered cargoes from Seven Islands to Amsterdam at US$3.l5 and from Port Hedland to Kaohsiung at $3.70 while they agreed $4.95 from Tubarao to Pohang.
      1,183 words
    • 446 18 THE FIRST MARINE data chart system, capable of storing the details of thousands of charts on five optical laser discs has been developed by Disc Navigation AB in Sjobo, south Sweden. The system also provides a completely automatic chart update display between any two
      446 words
    • 429 18 Fairplay A COMPLETELY new port and warehouse complex for the centralised handling of all US explosive and hazardous cargoes is being planned by a Mi-ami-based Dane. Captain J S Steenberg has set up US Ordnance Inc to develop the new
      Fairplay  -  429 words
    • 69 18 JEBSEN Line to introduce direct calls at Suva, Fiji on May 12 with the sailing of the Elbe. Jebsen Line also offer direct monthly sailings from Singapore to Papua New Guinea and New Zealand ports. The line's decision to call at Suva further enhances Jebsen's
      69 words
    • 634 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bolt-Canada Line VII 4/5 Bolt-Orient Line VII 4/5 Bank Line V 5 BBS N 4/5 Ben Lme Cont
      634 words
    • 114 18 Fairplay WEST GERMAN owners ordering government approved conversion work in national shipyards will now receive 20 per cent of the contract price in government subsidies, it was announced by the West German Transport Ministry recently. Until now, conversion work, when approved under the government
      Fairplay  -  114 words
    • 234 18 Bernama-Kyodo FOREIGN SHIP orders won by Japanese companies during fiscal 1965 hit a seven-year low, the Japan Ship Exporters Association announced last week. Japanese shipbuilding companies contracted in the year, ended March 31, to build 130 vessels totalling 2.88 million gross tons for
      Bernama-Kyodo  -  234 words
    • 46 18 THE AMERICAN Association Port Authorities has formed a special committee to address escalating problems of port industry insurance. The AAPA's special committee on port Industry insurance considerations will work to identify opportunities to assist its members in arranging effective and affordable insurance coverage.
      46 words
    • 309 18 Reuter, AFP THE ANKARA government has condemned an attack on a Turkish tanker in the Gulf and officials said it was clearly the work of Iran. A Foreign Ministry spokesman said: "The Turkish government condemns the act." The location of Sunday's
      Reuter,; AFP  -  309 words
    • 182 19 LLOYD'S Register of Shipping has funded the establishment of a Chair of Subsea Engineering at the University of Strathclyde. Mr Colin J MacFarlane of BP International will assume the appointment on June 1. This will be the second new Chair that Lloyd's Register has
      182 words
    • 398 19 Lloyd's List EMERGENCY LOANS and other support measures will be granted to the troubled tanker operator Japan Line by the Industrial Bank of Japan one of its main creditor banks. The move follows the rationalisation programme drawn up last December by Japan Line
      Lloyd's List  -  398 words
    • 302 19 STRONG DOUBTS about the ability of Britain's declining merchant fleet to meet future defence needs were expressed by the British Maritime League, an industry pressure group. It called on the government to take a lead in persuading the EEC to
      302 words
    • 335 19 A NEW OFFICE will be established in Hongkong this summer by the Virginia Port Authority in its effort to expand trade with the Far East. Plans for the expanded operation were approved by the Virginia General Assembly on March 8. The new set-up will complement
      335 words
    • 60 19 THE BOARD of Japan Development Bank has approved the loans for the construction of six container vessels which will be built under the govern-ment-sponsored programme. Three vessels with a capacity of 2,500 TEUs will be deployed on the Far EastUS east coast run, one for
      60 words
    • 313 19 AFP ATTENTION was captured on the tanker market over the past week by the US attack on Libya and its possible implications for loading in the area. Uncertainty about the future direction of oil prices, as ministers from the Organisation of Petroleum Exporting Countries meeting in Geneva seemed
      AFP  -  313 words
    • 259 19 Agencies NEWS OF THREE mishaps on overcrowded ferries emerged yesterday. Hundreds of people were drowned or missing in these incidents which took place in China, Indonesia and Bangladesh. Police said at least 70 people were drowned and 100 others were missing after a crowded river
      Agencies  -  259 words
    • 534 20 Affhl 16-30 Appraising and financing port projects, Unctad, IPER and ENPC course, Le Havre, France (Details: Institut Portuaire d'Enseignement et de Recherche (IPER), 1 rue Emile Zola, ***** Le Havre CedexFrance.) April 22 Lecture, "The future of the Admiralty chart" by Rear Admiral Roger Morris, organised by Nautical
      534 words
    • 7103 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,103 words
    • 675 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Pegasus P 426N 224.86 1700 Straits Shpg F1 0800-0900 K1 Ratu Konsort 187N 22 486 2300 S'pore Shpg F1 1400-1500 W2 Niaga 21 SJ7/86 22.486
      675 words
    • 1664 25 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 Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) Americon
      1,664 words
    • 655 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure &8P* 1 K2I PtL alongside 22 4/2300 Chris Isabel K)8 P Elders alongside 22 4/1200 Ernst Thelman K9 SinSov alongside 22 4/0500 Fengtai KI5 Y Fung alongside 22 4/1800 Gonda Perkaso K3I Eastern M alongside 22 4/0600 Ned Bahrain
      655 words
  • Page 17 Advertisements
    • 675 17 Concise Comprehensive Contemporary I tLL? Is^TTrr PUBLICATIONS OOCL Orient Overseas Qmttimi Line STRAITS EUROPE EXPRESS SERVICE lAMME SMPfM AGENCES (Rog 242RM/ 001) 70 Shenton Nay #0403 Manna House Singapore 0207 Id *****11 TELEX NO RS ***** CPS OFFICE IPC #03-029 1H *****31 and *****32 Terminal oltae IPC #***** Id *****90/*****93/*****01
      675 words
    • 69 17 THE FIRST MARINE doto chart system, capable of storing the details of thousands of charts has been developed by Disc Navigation AB in Sjobo, south Sweden. Pag« II EMERGENCY LOANS and other support measures will be granted to the tanker operator Japan Line by the Industrial Bank of Japan. Page
      69 words
    • 1182 17 B ALT-ORIENT LINE Baltic Shippin{ Co Refiiar Services from South East Asia to United Knfdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE W 'Singapore Qovn Taws CY 22/4 2*oo HRS as 22/4 woo hrs FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS
      1,182 words

  • Page 18 Advertisements
    • 395 18 > i YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Pacific South Wm( Feeder at Kao Pacific North Weat Feeder at Kao Atlantic/Canada Feeder at Kobe MiwFT "TTT— nTTnPTTi I ItM HM H*U EHSET— I.M HIM Portland via Saattla MIDDLE EAST Full Container Service (A member of Oasis Consortium) v ,i i-i-i o for
      395 words
    • 238 18 Supercarrier Service CCS (KIT ARRIVALS BARKR PERSCUS 30/4 BARS R TOMSKRG ?7/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm accqitng cantn ta Houston (MLB). 1 Francnca. Oakland. Stock tan and San D»g« "> I tafdn. Ckartestan <u Savti TO: CARIBBEAN CENTRAL AMERICA 23-24/4 30/4 1-1/5 4/5 12
      238 words

  • Page 19 Advertisements
    • 887 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, CONTAINERS!* SERVICE TO UK/CONTINENT Also Accepting Cargo For: Hantwt to Coperrfiafon. Aartws. Goftonl Rotterdam to Antwerp Amsterdam. 0* Bremettfuren to Brenon Southampton to aO UK taWiw. Mad an or edmurgh FRANKFURT EXPRESS iok
      887 words
    • 775 19 Franco Belgian Services jS* ~r I .1-1 t r. n, h rx >. ilh W. /fc l.m .1 r f rn I in. STOH PKIIMK It Ham Ita )nw rjuiwb it WWw ■w r w»i nmn b nnv n mrim KfTIN C*nTV 23 Apr (21 Apr) 12 M>T 13 Mm
      775 words

  • Page 20 Advertisements
    • 550 20 m m Hapag-Lloyd TO CONTINENT/UK EXPORTS S'par* Mttmu Stan tfbw| B-hannMaat L* Kwtoon Bay 23/4 21/4 lakr* Bay 24/4 2C/4 Hn Kara 27/4 29/4 C*t fl EM>|k 4/5 8/5 FraMttet Eiprns 12/5 14/5 Tata* Eiprns l»/5 21/5 Um Mn 27/5 29/5 Osaka Bit 4/f awtoon by 1S 6 20/8 Hi*
      550 words
    • 104 20 ItG. S. LINE *fXun»4| FULLY CONTAINERISED SERVICE MOHfS Sft" %t <>*. TO EUROPE VIA MymhPf ol th» Ace Comoitiutn NEPTUK CHYSTAL 34W K OIK Ml CHANCE 2CN SEW* SEAS BRDGE »N Mnc«Ton m IrHant If fan Fstmn Kto| Artwp 12/5 13/5 14/5 16/5 20/5 19/5 20/5 22/5 24/5 27/5 26/5
      104 words
    • 698 20 /jff Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I AS! I RN C AR I INI R I I I). Specialist in RO/RO Service Accepting heavy-ifts upto 80 K/Tons Sailings from Japan Ryctani Muri KK ELM V 1 Sato) hn fori am
      698 words
    • 350 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) mso acceftmc ta/Fa t ra/fa to gotxwuk uwb copejwagen as.o. siockhoul helsbbll moo bremerhave* ma i london. southntton. wwonia. bmmngharl unroot ojsum m feubtome US WEST COAST OUTBOUND FEEKI ITS SGP MOTttl VSL IM f*» OBTNN »/4 fW
      350 words
    • 203 20 ELS I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKctenc Lm*c Mr Oceana Queen 23/4 L*. Qrrtay. PJlwesby, Rabat Kieta. Horura Suva Oceania Courier S/5 Hewafc, Madanc. Lae, PHornby, Motau. Rabid. Kieta, Honiara, Papettee SUN UNION LINE KARACHI SERVICE SKUPORE PJCELMK PDMNC LOAD FOR 27/4 Karat*
      203 words

  • Page 21 Advertisements
    • 723 21 PACIFIC INTERNATIONAL LINES YV\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT GOWA KOTA SINGA SIN JKT SBY SIN HKG KAO *TCH KEE BUS *MUR *HTC YOK KOB KEE Sailed Sailed Sailed Sailed 26/4 27/4 29/4 2»/4 1/5 4/5 6/5 7/5 9/5
      723 words
    • 799 21 BENLINE CONTAINERS 3 t j.| EXPRESS CONTAMER SERVICE FROM UK/COfCTMMT HAM rtMKNI-MM NAME STON PJOAMESTOM FOR Uf W EMwfh faM SM SaAtd Saied UM M 22/4 *6. TMI FraAtwt Eiprm W Salt* Sat* SaArt W 21/4 3*/4 ME. TUN T«*uo (iprtts SaAcd SaM SaM SaM SM 10/5 11/5 ME TUN
      799 words
    • 467 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LIOYO P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE I S pore I Bftao Bremen Adam/Rdam Ldn Hambaj •GAfCA GAMA VISWB ocean ram V4m LJ. BOffTANG VSNB taPirt/K.33 29/5 5/8 3/t 8/6 1-3/5 31/5
      467 words
    • 313 21 BOUSTEAD SHIPPING AGENCIES Pa-an V94W Pajan V9BW Htoneywa V/ 211 V 4 BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon Spore P .Ketone Penanf 24/21 V 5/1 May (P. Gudanj) 10/12 May BANK LINE (PNC ports: Mrabr/KMI/toM/la*t/lM) J\ HYUNDAI MERCHANT MARINE BULK TIMBER AND PLYWOOD SERVICE USA SERVICE PACFIC/GULF/ATLANTIC
      313 words

  • Page 22 Advertisements
    • 1123 22 Ci K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE rem *a mother *si ASM SIM *47 IBM VSI GUAYAQUR. CAUAO ARICA 24 kai 30 iui M IQUQUt AFAGASTA S MTOMO *AIfMAISO IM 9 M 14 M 11 M TAIWAN-JAPAN-CHINA-MANILA USO ACCEfTf* SHANGHAI. HSMGKANG. HOI. NAM* SHMZU M KOK MIDDLE EAST <o-u
      1,123 words
    • 713 22 caa AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA EXPRESS CONTAINER Accepting FCL/FCL Container* Singapore P HKmj Pfnanj LoadM* tw m JO TRTIKA 27 Ap snEiee fortuk 27 Apr TU.SOAS 22 Apt KABMOAS 22 Apt TAiAN 25 Apr EStEcirra 27 a* BHAVABHUTI 21 Apt Bonta, AanMa Miaf/Calcstta Ma* it Ma*a»
      713 words
    • 817 22 GOLDEN LINE GIMN GUAN SHIPPING (PIE) LTD 23. Tttaa A»tr SUetl SMGAPOK 0104 m SMJttl (II IMS) STRAITS/PERSIAN GULF SERVICE: s GOLDtN KM Colombo Haracl* Dubai Dohj Bahrain GOIKN HIKN Colombo Hitachi Dubai Bahrain 2/3 May 15/17 May CHMA OCEAN SWPPWG CO., PEKING THE PEOPLE S REPUBLIC OF CHMA P
      817 words
    • 496 22 INTRASEA (PTE) LTD. ■11l 10 Anson Road "2716 P'aia —-—Singapore 0207 Tel *****1 1 (lOLmes) <► BREfIKBULK SERVICE TB EURBPE/UK FORT YALE 88M904 AMRLA *****08 P KHanf Pmanf Sated 5/5 9/5 ROT/ANT/K (AVON) ROT/ANT/M (AVON)/KLf AST jfMi Intvmt MTRASEA (PIE) 118 BOOMS 224C5U K lumpui BMTANG SIBPPBK CO SON M
      496 words

  • Page 23 Advertisements
    • 504 23 S port I 7 H as Iri lb (Met InM CfS \l f *****77 *****22 *****53 I V V V kH IM« HARPER NRA SON P KMX HARPER MM SON. p Uy. HARPER MM SON. r rm«x HARPER MH* SON NEPTUNE ORIENT LINES LTD NEPTUNE A£ENCtS PTE LTD imm as
      504 words
    • 381 23 IHEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON WIS lb hm UM No 7 Ddm/HH Hi i Dnan/iMN lb t Oman MJM mum lb 7 Daun/CMN M> Dm N> i Own/WSM Ml I Omm/CMR Nrt (aUnt »/4 »/4 i/i l«/ 5 ib/s 31/5 l/t
      381 words
    • 656 23 h W SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SVtSOV BULDMG 55, MUrket Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELAHG PENANG M/S SHARKAT NAH SOON SON M IST AND 2ND FLOOR. MESSRS HM THONG SMPPM
      656 words
    • 77 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Som«rnl Road #06-01 Ng T«ow Oldg S pore 0923 Tel 235 8444 (4 lines) Poft •"■lang lifj Pin 3 Shipping Sdn Bhrt TH 93 S Pfndiif M.iU»su Ir.irtc K !ran<,pOft ltd Id 04 61'IW P'Mf Gdfl'if Mala/Man Shipping S(tn
      77 words

  • Page 24 Advertisements
    • 362 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) SMGAPORE CTTTI!— Mtm FOTZM tLStJLm tifrJLl ■irrrnrrTTi n;v..i ,i SEA FOK TUK R KONSORIUM PIYA BHUM SEA DRAGON R. KONSORTRJM PIYA BHUM SEA DRAGON Sat/Sun 26-27/4 Sun 27-27/4 29/4 Tut/Ned 129-30/4 Thu/Fri 1-2/5 Sat/Sun 3-4/5 Sim 4/5 6/5 6-7/5 S-9/5 Sat/Sun
      362 words
  • Page 24 Miscellaneous
    • 187 24 f. fe o^\ 27 Q —M 3** m N i //V 2?^ *> W 2 V^ 0* k !P x Ar v^r mi ft. Si R s rILs£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. cA' Wir.d direction with speed in knots Wove height LEGEND R Thunderstorm
      187 words

  • Page 25 Advertisements
    • 120 25 Mi© MSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU *****88/*****56/*****41/*****93 *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 11 1 1i'iii i i 'TTinMrTr j|KTiiTfinTTMniMHiii ■RTIDITTI iii ■nifi i MIGJEZMIB I l'i<'."-MtTT^tTTTriTi^|pnMlT^Tf^fT7^pmnT¥T'^|pjJf^J^U| 11. irHPTifjfß i ir.-rifncirfl ALSO ACCEPTMG FOR: ANTWERP. L. HARVE, UK. BREMEN.
      120 words
    • 122 25 JfS LINE operator TRANSOCEAN (Ml SDN. BHD. 6? Weld Ouay (2nd fir ***** Penang TM *****5 *****5 Tlx MA***** TFSPG Fa» No 04 6?7735 m SANKO LINE. Th« SanKo Steamship Co Ltd. BULK TIMBER PLYWOOD SERVICES 1 S pore P.Kelang LOADING FOR: RANKO MARU Apr 26 Apr 29 SETE/UK/ANT/HOtL SINGAPORE
      122 words
    • 150 25 <?"|>{,%('{-,/,.|>"-&(!}(~]!?+| Scan Dutch tf WmM TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) TO RED SEA-MEDITERRANEAN FROM EUROPE VESSEL 1) G BURG 2) H BURG 3) B HAVEN 4) R OAM Komfan 1?5 Juttamfca 135 N MH MS mm 155 N Df)*iu 165 FROM JAPAN-TAIWAN-HONG KONG FEEDER VESSEL P. KELANG 5) NTSEILLES KOBE I
      150 words

  • Page 26 Advertisements
    • 351 26 i\ A' Clt r w 1 Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO t EAST AFRICA ASTRA PEAK 25 Apr Port Louis. Reunion CONTINENTAL PARTNER 5 May Mombasa. Daressalaam. Tanga AFRICA MARU 26 May Port Louis. Reunion WEST AFRICA EARNEST VENTURE SOUTH AFRICA NED COLOMBO 2S OSAKA MARU 11
      351 words