The Business Times, 23 April 1986
1986-04-23
1
28
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The Business Times
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Title Section12 1986-04-23 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, APRIL 23, 1986 75 CENTS12 words
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349 1986-04-23 1 CHUANG PECK MING - By CHUANG PECK MING SINGAPORE'S economy, originally projected to stagnate this year, is now expected to shrink by 1.5 per cent. This will mean a second year of decline for the economy after two decades of uninterrupted growth. This follows349 words
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Article, Illustration626 1986-04-23 1 ALAN LEE - Group not pressured into rescheduling debts, says Brian Chang By ALAN LEE, Companies Editor DEBT-LADEN PROMET Bhd has initiated negotiations with its creditor banks to restructure its loans which hit $320 million at end-1985 from $235 million a year earlier. The refinancing626 words
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354 1986-04-23 1 Reuter, AFP THE AMERICAN DOLLAR crashed below 170 yen for the first time yesterday and to a four-year low against the West German mark after President Reagan gave the market a licence to sell it down further. Dealers said the dollarReuter,; AFP - 354 words
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Article, Illustration95 1986-04-23 1 WITH the exceptfoa of SIA, Promet and Wannlaa which were all actively traded bat dosed tower yesterday, share prices closed mixed la qalet tradlag oa the Singapore stock market. With new leads to take prices ceavtedagly eae way w the ether, the Straits Times lad«atrial Index closed I.M95 words
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334 1986-04-23 1 UPI GROWING OPPOSITION to opening the Olympic Games to registered professionals is threatening to derail the athletes code which the International Olympic Committee's executive board hoped to have on the statute books in time for the 1988 Games. The fifth General Assembly of National OlympicUPI - 334 words
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130 1986-04-23 1 UPI US TRADE RESTRICTIONS in retaliation for the consequences of Spanish and Portuguese accession to the European Community would be illegal and economically unjustified, says the EC's Council of Ministers. The EC's 12 foreign ministers warned on Monday that such US moves "would obligeUPI - 130 words
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180 1986-04-23 1 Reuter INDONESIA abruptly cancelled visa-free entry for Australians yesterday, stranding scores of tourists at airports in its latest reprisal for Sydney newspaper articles critical of President Suharto. About 180 Australians were refused entry to the holiday island of Bali after landing there on a flight fromReuter - 180 words
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487 1986-04-23 1 JUNE LIM - By JUNE LIM THE TURNOVER of the marine industry in Singapore sank to below $1 billion last year for the first time since 1975, and is now down to around 27 per cent of 1961's peak $2.4 billion. The problems facing the487 words
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83 1986-04-23 1 Reuter THE THAI Cabinet has instructed the Finance Ministry to lift a 500-baht land departure tax on Thai residents crossing into neighbouring Malaysia. A government spokesman said in Bangkok on Monday that the exit tax removal, expected to be effective this week, wasReuter - 83 words
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Page 1 Advertisements
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Advertisement149 1986-04-23 1 u PAPER SHREDDERS ciT^com 1 ypyrEnm pte ltd Tei 743-5555 S. Tham 20 harges Back Page \\*liy tie up your capital I Rent special equipment from Thorn. mT i 45" Projection Screen (Multiple System) I presentations at seminars, yj)>> I conferences, training classes. Auto Rewind Video Recorder and l^SSjHii^M Colour149 words
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Advertisement243 1986-04-23 1 !--[%<>\=`(<!<-??}>`|;&&{(_^.=? SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV RADIO BRISTOW DOONESBURY OUR VIEW GORBACHEV'S PROPOSAL TO DISMANTLE the Worsow Poet in return for the scrapping of Nato reflects the Russians' intention of ploying the new game they have stumbled upon making anti-war noises directed at Western Europe.243 words
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Advertisement165 1986-04-23 1 *u+ The Component Copier, it grows as you grow. That's Ricoh productivity. THE NEW This is the world's Kniwnm most advanced UUPUULnJ component copying FTSOIO system. Features which are options on other copiers are standard on the FTSOIO. So you can imagine what the options on the /T? FTSOIO W165 words
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Advertisement17 1986-04-23 1 BALLY 17 SmtzniiinJ Shipping Time# comes at a separate section today. Make aura you get your copy.17 words
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HOME NEWS
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Article, Illustration448 1986-04-23 2 MARTIN SOONG - Plans for local joint venture expected within six months By MARTIN SOONG A MINI-SUBMARINE manufacturer from Down Under has surfaced to scout for investors and partners to build remote controlled underwater vehicles (ROVs) in Singapore under licence. Underwater Systems Australia Limited (USAL) could invest up to448 words
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325 1986-04-23 2 JAIME LYE - By JAIME LYE DYNASTY TOURS International. a nine-year-old travel agency, has sold a majority interest to the General Corporation of Australia Ltd (GCA). This is the second Australian takeover of a local travel agency this month. Less than two weeks ago, it was reported325 words
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203 1986-04-23 2 FRANCE came to woo Singapore yesterday with a 14-mem-ber delegation representing various aspects of the country's tourist trade. It played host to a workshop for local travel agents at the Meridien Hotel, bringing them up to date on the latest facilities available in203 words
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268 1986-04-23 2 SEI WOO Rubber Works, a small manufacturer whose rubber products are used largely in the building and electronics industries, is looking forward to increased sales this year in spite of a drop in demand from the construction sector. Its marketing manager, Mr Bryan Lim,268 words
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396 1986-04-23 2 ELAINE KOH - By ELAINE KOH AN AMERICAN specialist printing company, with a turnover of US$BB million, has chosen Singapore for its 12th regional office. Markem Corporation, based in Boston, Massachusetts, recently upgraded its agency service in Singapore to a fully-fledged company Marken-JRL with new investments396 words
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152 1986-04-23 2 ASEAN countries will have to find a balance between the need (or environmental protection and economic development, said Mr Eugene Yap, the Senior Parliamentary Secretary for Environment, yesterday. Opening the ninth meeting of the Asean Experts Group on the Environment, Mr Yap said152 words
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Article, Illustration400 1986-04-23 3 LISA LEE - By LISA LEE THE OWNERS of Cortina Department Store are planning to turn a seven-storey warehouse into a wholesale centre for furniture and other household products. This plan by the Teck Lay Group involves Hong Aik Building off Kallang Road, an $11.5400 words
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Article, Illustration309 1986-04-23 3 THE HOUSING and Development Board's "easy payment" scheme introduced in December last year attracted more than 2,500 applicants in the first quarter of this year. "The encouraging results indicate that the board is achieving the desired response as the majority are309 words
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Article167 1986-04-23 3 AN AUSTRALIAN EXPERT in die-casting technology, used in making metal parts and components, will conduct a workshop from April 25 to 30 during a month-long assignment in Singapore. Mr Norm Bury, the national education director for the Australian Die Casting Association, will conduct a workshop on "Die167 words
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Article58 1986-04-23 3 THE 7-ELEVEN chain of stores will open its 26th outlet in Balestier Road tomorrow. This is the fourth store to be opened this year by franchise owners Jardine Matheson Holdings, which invests an average of $300,000 on each outlet. The chain now has 13 of58 words
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Article, Illustration283 1986-04-23 3 JOURNALISTS from the Chineselanguage Shin Min Daily News newspaper practised what they preached by pledging their kidneys to the National Kidney Foundation yesterday. In a ceremony at the paper's MacPherson Road office, 29 male and female journalists and editors handed over cards pledging their283 words
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211 1986-04-23 3 SINGAPORE is playing host for the first time to the 64th Union Internationale des Architectes council meeting. The 22-member council, which arrived yesterday, will look over the convention facilities available for the UIA Congress in 1993. The UIA is an international organisation of211 words
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Article470 1986-04-23 3 Seminars and Courses J Cahners Tel: *****13 J C Exposition Tbc RS ***** X I Group Fax: *****66 DURATION May 6 May 6-15 May 6Jui IS May 7-9 May 8-9 May 8-10 ii.., H n TITLE Freight Forwarding in Singapore Does it Pay to Use a Forwarder Today470 words
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Page 2 Advertisements
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Advertisement176 1986-04-23 2 1 X t HUt i A bowl of steaming hot porridge, a pair of chopsticks and all theleochew you can master. From April 21-30, the Golden Dew Coffee House will present afood festival quite unlike all others. This 10-day festival will feature the very best of home-styled Teochew specialities. That176 words
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Advertisement130 1986-04-23 2 Switzerland has a long tradition of cultivating sleeping comforts at high altitudes. WffiS V «WmM *> i f A f# ':S i=aK~ 1 W-1 Mv Vl*/* V m In the country regions of Switzerland, bedding is traditionally hung from the chalet windows every day to air Smart travelers are waking130 words
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Page 3 Advertisements
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Advertisement128 1986-04-23 3 How to get a good woman mth no strings attached? Business Girl, Singapore's leading temp agency, can offer you many good women. With no strings jjTjj attached. our vN women In from bankers, ~-~*U computer analysts, technicians, mechanics to secretaries and typists and more are all available as temporary help128 words
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Advertisement15 1986-04-23 3 Owing to lack of space, the Training/Development Page is being held over until next Wednesday.15 words
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Advertisement167 1986-04-23 3 Treat your secretary to lunch in the fashionable French countryside. Most of the other bosses are only taking their secretaries out to lunch. You can go out of your way a little and really show your appreciation in style. Over Secretaries' Week, our French countryside retreat is bustling with excitement.167 words
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OVERSEAS
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Article, Illustration195 1986-04-23 4 UPI JAPANESE Finance Minister Noboru Takeshita, alarmed by a sudden steep climb in the appreciation of the Japanese yen, yesterday warned that the government would take "appropriate measures" to cope, officials said. "It was unexpected. We must take appropriate measures," Mr Takeshita said,UPI - 195 words
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107 1986-04-23 4 FT GIORA GAZIT, the managing director of Bank Hapoalim, Israel's second largest banking group, has resigned following Sunday's publication of a highly critical report on the conduct of the country's leading bankers and financial market regulators. Mr Gazit, who escaped relatively lightly from theFT - 107 words
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448 1986-04-23 4 Reuter JAPAN'S huge trade surplus with the European Community nearly US$l3 billion last year can be cut only by pushing the yen still higher to make exports even more expensive, according to European Community officials and economists in Tokyo. They said aReuter - 448 words
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Article, Illustration369 1986-04-23 4 FT THE PHILIPPINES has decided to discontinue an 18-month-old standby loan arrangement with the International Monetary Fund which ends in June in favour of an entirely new package, after consulting IMF officials in Washington. Philippine Finance Minister Jaime Ongpin, who returned to ManilaFT - 369 words
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338 1986-04-23 4 UPI CALLING THEMSELVES the "seven brothers", business and government leaders from seven sunbelt American states met South Korean trade officials on Monday, seeking to lure businesses from that country to establish operations in the south-east. Korea's top trade official, the Minister of Trade andUPI - 338 words
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236 1986-04-23 4 AP THE PHILIPPINE government has asked Switzerland to help recover assets former president Ferdinand Marcos and his associates allegedly misappropriated during his 20year rule, the Swiss Justice Ministry announced on Monday. Ministry spokesman Joerg Kistler said the request, citingAP - 236 words
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212 1986-04-23 4 UPI A MYSTERIOUS Vietnamese order for 6,000 tonnes of monosodium glutamate has been traced back to purchasers in the Soviet Union, a Hongkong newspaper reported yesterday. The US$lO million order raised eyebrows among Hongkong exporters when it was placed by Vietnam late last year,UPI - 212 words
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Article752 1986-04-23 4 ARRIVALS Operator Service number Locol time From MAS MH811 0910 PEN MAS MH67I 0920 KUL SIA SQI03 0950 KULCPA CX7I0 1015 CGK RBA BM2I 1030 BWN GIA GA960 1100 CGK SIA SQI 05 1105 KUL SAS SK971 1140 CPH/BKK UB UB23I 1145 RGN SIA SQ201 1145 CGK752 words
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317 1986-04-23 5 NYT THE REAGAN administration, in a new justification for underground nuclear testing, has said a total test ban might encourage other nations to develop their own atomic weapons. The administration, in a letter made public on Monday, also said that aNYT - 317 words
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251 1986-04-23 5 AFP PRESIDENT REAGAN has taken no final decision yet on whether to withdraw and dismantle two nuclear submarines to keep the US within the limits of the Salt-II arms limitation treaty. "All really depends on what the Soviets do," said WhiteAFP - 251 words
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383 1986-04-23 5 AP IN SPITE OF the longest series of meetings in its history, Opec (Organisation of Petroleum Exporting Countries) has failed to agree on an oil-production policy that could reverse the collapse of prices. The cartel announced on Monday that 10 of itsAP - 383 words
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Article, Illustration346 1986-04-23 5 AFP, Reuter CERTAIN ALLIES have suggested "real major" military joint action against Libya, US President Ronald Reagan told international news agencies on Monday. In Luxembourg, the 12 Euromart foreign ministers agreed to reduce the number of Libyan diplomats and non-dip-lomats in Europe andAFP,; Reuter - 346 words
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135 1986-04-23 5 UPI ABOUT 100,000 American children aged 10 and 11 get drunk at least once a week and one third of nine-year-olds are drawn into drinking alcohol, the National Council on Alcoholism said. An estimated 98,000 people die annually from alcoholism in the US and alcohol-relatedUPI - 135 words
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193 1986-04-23 5 Reuter HOUSEKEEPING economies announced by the fi-nancially-strapped United Nations mean a reduction in elevator service and office cleaning, a cut in summer cooling and winter heating, shabbier offices, and the elimination of water carafe service for the staff. No figure was given forReuter - 193 words
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Article172 1986-04-23 5 Reuter AMERICA, Britain and France cast the first triple veto in five years on Monday night to kill a Security Council resolution condemning last week's US air raids against targets in Libya. Australia and Denmark joined the three Western permanent members of the 15-nation councilReuter - 172 words
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226 1986-04-23 5 AP THE WAY TO STOP Libyan leader Muammar Gaddafi is to cut off his money, Claude Cheysson, a former French foreign minister and now a member of the European Commission, said. "If Gaddafi has no more money, he losesAP - 226 words
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Page 4 Advertisements
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Advertisement45 1986-04-23 4 NADA MAN VifT Where East meets West. For the very best in Japanese and Continental dining where else but the Shangri-La. RESTAURANT For reservations, nng Fsther on *****05 or 737 3644 ext. 1954. Ample FREE parking. Shangri-La hotel SINK .APORf A SHANK.RI LA INTERNATIONAL HOTEL45 words
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Advertisement168 1986-04-23 4 I II %I I If II Every Tuesday, Thursday, Saturday and I 1 fl\| I M 1 II Sunday. Leaving Changi Airport at J— IJLV V>/L tI 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canada at *****55 or your Effective 27/4/86. AIR CANADA168 words
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Page 5 Advertisements
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Advertisement99 1986-04-23 5 v 3 < rrZ /Mr At Pete's Place, we're like one big, happy family. So when you come, we treat you like guests. In the kitchen, our mama (he's very nice) will make you the finest soup or salad, pizza or pasta, dessert and coffee or tea for just $14^.99 words
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Advertisement294 1986-04-23 5 It always costs a little more TO CULTIVATE A CERTAIN STYLE. and dedication. Day and night-time temperatures, nourishing barks and acidity of rainwater, are precisely measured to yield a treasured prize: the brilliant blossiming of the rarest of flowers. hi LaeMocattleya Roseval Model Bamboo, water-resistant, ultra-thin. Kefs. BA *****(5518,500) and294 words
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Page 5 Miscellaneous
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Miscellaneous26 1986-04-23 5 Doonesbury /7"AMS 3:45 AM. UHBN TH£ Ni6HTPOXmSt&£PFOK THB CRATE FROM MARSOU&-. :t-1 jftSSyiifi SSPtII m 4 Km IWiv Kw^-wi^ V Mi y~ > V—X BY GARRY TRUDEAU26 words
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FEATURES
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Article515 1986-04-23 6 THE RUSSIANS are at it again, making loud rhetorical and supposedly anti-war noises in public. It is a relatively new game they have stumbled upon, and seem set on playing it ad nauseam. There is nothing new about their basic call for the scrapping of Nato, the515 words
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Article, Illustration811 1986-04-23 6 PIERRE-ANTOINE DONNET - The Shenzhen special economic zone, created along with three other SEZs to attract foreign capital and technology to China, is giving Beijing cause for concern, reports PIERRE-ANTOINE DONNET. PIERRE-ANTOINE DONNET AFP SHENZHEN, a symbol of China's open-door policy is still far from being the model ofAFP - 811 words
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293 1986-04-23 6 Lee Dulfer - Letters to the Editor Lee Dulfer Ana Maaager, Dear Sir, This letter refers to your article on April 16 Sunny outlook for Phuket. The report on the opening of a new hotel run by an internationally recognised chain implies that there currently exists no293 words
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268 1986-04-23 6 Mrs Bee Was Ditzig - Mrs Bee Was Ditzig, Deputy Director, Community Chest af Slagaptre Dear Sir, I am writing in reference to an article in Business Times on April 11, 1986, headlined: "Number of child abuse cases rises in current recession". Mr Bek Kheng Huat, the chairman of the268 words
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266 1986-04-23 6 CITIZEN RAS - CITIZEN RAS Dear Sir, I am a Singapore citizen accountant unconnected with any international accounting firm. I read with some amusement the letter from Mr P C Marcus in your issue of April 21. Firstly, let us get the history right. Derrick St266 words
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Page 6 Advertisements
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Advertisement79 1986-04-23 6 The Szechuan Experience with the Meisan Difference n v %*r < V >*. yjjJi HuMi j Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art a T M ioy,nent S MEISAN At the Meisan. @j7£J SZECHUAN RESTAURANT Distinctively Szechuan,79 words
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Advertisement288 1986-04-23 6 Ernst Whinney Consultants Pte Ltd presents 11 HOW TO USE FINANCIAL TECHNIQUES IN SALES MARKETING" MAY 8-9. 1986. Hilton Hotel WHY YOU SHOULD ATTEND Sales and marketing management often find it difficult to isolate the exact data needed to analyse operations and improve results. It is relatively easy to over-emphasize288 words
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SPORTS
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Article, Illustration394 1986-04-23 7 WALTON MORAIS - By WALTON MORAIS RISING TENNIS STAR Lela Zainal leaves for Indonesia this weekend intent on improving her world junior ranking, but the immediate concern for local administrators is to garner finances for her Europe trip. The Singapore Lawn Tennis Association needs about $4,000 to support394 words
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241 1986-04-23 7 Reuter THE INTERNATIONAL Golf Association (IGA) has cancelled this year's World Cup golf tournament and plans to review the way the tournament is run before resuming the event next year. A statement issued by the IGA on Monday cited a "lack ofReuter - 241 words
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920 1986-04-23 7 RONALD KOW - Malaysia Cup 86 the final doubts By RONALD KOW FEDERAL TERRITORY gave us the impression that it was the team most likely to win the Malaysia Cup this year until the first leg of the quarter-finals. Then Singapore and Pahang showed they were the favourites to meet in the final920 words
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136 1986-04-23 7 AFP WEST GERMAN Bernhard Langer and Spain's Sewy Ballesteros have opted to miss the new European Matchplay golf championship at St Pierre, Wales, next month. Their decisions cost Langer his £15,000 bonus for finishing second in the European money list last year andAFP - 136 words
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Article, Illustration321 1986-04-23 7 Reuter URUGUAY lived up to its reputation as a rugged master of defensive soccer on Monday when it drew 0-0 with Wales in a World Cup warm-up match. The South American champions, involved in a brawl with Mexico in Los Angeles last week, again showedReuter - 321 words
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Page 7 Advertisements
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Advertisement38 1986-04-23 7 i RADO DiaStar «Anatom» Diamond-polished Convex Sapphire Crystal. Scratchproof. Waterproof. Mod d£p Swiss Made T* 152 0202 3 011 RADO SERVICE CENTRE: NEW HORIZONS SINGAPORE PTE LTD 35 Selegie Road 81-06 Parklane Shopping Mall. Singapore 0718. Tel: *****11/2.38 words
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Page 7 Miscellaneous
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Miscellaneous1186 1986-04-23 7 to sm caa[Dci(i> CONTEMPORARY DANCE Merce Cunningham Bpm, Channel 12 American choreographer Merce Cunningham broke away from theatre tradition by creating dances with multiple points of focus. This he did through faith in the dramatic power of movement without the support of character or story and by his declaration of1,186 words
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Miscellaneous658 1986-04-23 7 5 i me 3 14 5 16 CRYPTIC PUZZLE ACROSS 1 Small piece abraded by Ed (5) 6 AbiNty that gets a runner £50 (5) 9 Hopelessness of o chap who gets two ducks (7) IX) Flick, flip, or flit out of the way (5) 11 Handy Walter? (5) 12658 words
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Miscellaneous36 1986-04-23 7 i CRM'T PuT op with THIS f\Ny UDNGG.R r C>Mw^ Tne sHeeR IGNOPOINY OF BONG ReroseD ce&D«T BY ThteTepy LPiOy L_yi 4^ L£TT€K To PON/ e>P\NJK PnRNRGGf?. uj r mRtJ or my status OC»t4G ReruseD CREDIT////36 words
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BANKING AND FINANCE
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Article, Illustration684 1986-04-23 8 SAID ABDULLAH - Only yen and New Taiwan dollar likely to move against trend By SAID ABDULLAH MOST ASIAN currencies are expected to weaken in the year ahead, with only the Japanese yen and the New Taiwan dollar likely to move against the trend, according to an analysis684 words
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Article, Illustration271 1986-04-23 8 AP MAJOR US banks reduced their prime lending rate to 8.5 per cent on Monday, a half-point cut that pushed the lending rate to nearly an eight-year low. The biggest impact ot a cut in the prime rate is (or corporations andAP - 271 words
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MONEY AND EXCHANGES
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Article383 1986-04-23 8 SINGAPORE: THE US dollar yesterday closed weaker at 169.80/90 yen. It closed softer at 2.1875/90 marks compared with New York's 2.1915/30 cloae and at 1.8350/65 Swiss francs against 1.8365/80 and 1.8200. The Singapore dollar finished easier at 2.1795/1810 to the US unit. It closed slightly higher at 5585.35/45383 words
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Article254 1986-04-23 8 Interbank rates at 3pm yesterday: C ur r toe Ml Nominal rate* Sit ittttooman Bid Offer cm >st parity change Local dollars to one unit of foreign currency: US dolor 2 1770 2 1780 2 8196 -22 79 Sterling pound 3 3046 3 3083 7 3469 -5502 Austroion254 words
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Article37 1986-04-23 8 S$ Interbank rates ot 7pm yesterday: OM« Bid Overn.ght 4 11/16 4 9/16 1 -month 4 13/16 4 11/16 2 month 4 3/4 4 5/8 3 month 4 3/4 4 5/8 Ovetmght mode 4 3/437 words
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Article, Illustration290 1986-04-23 8 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in thin trading. Overnight closed at 7-1/8 7 per cent, Wednesday/Thursday at 7 6-7/8 per cent and week fixed at 6-15/16 6-13/16 per cent. Asian dollar CD rates held steady at firmer opening levels in quiet trading, dealers said.290 words
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Article356 1986-04-23 8 BA Futures EURODOLLAR futures yesterday opened with a bearish tone as the prospect for a further discount rate cut in the US was diminished with the weak dollar. The June contract opened 2 ticks lower than IMM close at 93.40 and was quickly sold off to 93.45 before findingBA Futures - 356 words
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Article185 1986-04-23 8 HONGKONG: Gold ended at U*****.60/344.00 an ounce. On the local market gold ended at HK53,181.50. TOKYO: Spot April ended at 1,888 yen and distant February at 1,961 yen. LONDON: Gold was fixed at U*****.15 yesterday morning, down $4 30 from the previous fix. PHYSICALS St*tn kAobor 24.060 23,930 1185 words
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Page 8 Advertisements
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Advertisement125 1986-04-23 8 Technology and the m Future Bank Bringing the latest developments in electronic banking to Asia sth Regional Conference on Electronic Banking Services HVPERLESS COLLECTIONS AND AUTOMATING DOCUMENTARY CREDIT FUNCTIONS Topics of Papers Electronic LCs: The Impact of Change on Customers, Banks and on Trade Facilitation Auto Record the LC Bill125 words
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Page 9 Advertisements
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Advertisement8 1986-04-23 9 NCR introduces a number of innovations. The 9800.8 words
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Page 10 Advertisements
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Advertisement398 1986-04-23 10 The evolution of the mainframe. You hear a lot about the computer revolution. But revolution isn't the best way for computers to change. Evolution is. The NCR 9800 is a perfect example. We've taken the best of current technology and combined it with our own best thinking. The result is398 words
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Page 11 Advertisements
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INTERNATIONAL STOCKS
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346 1986-04-23 12 Reuter DEUTSCHE BANK AG is likely to retain a profit of around one billion marks from its entire Flick industrial conglomerate transaction, financial analysts said on Monday. Deutsche paid five billion marks gross for the former Friedrich Flick Industrieverwaltung KGAA and sold it forReuter - 346 words
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135 1986-04-23 12 Reuter AMERICAN EXPRESS International Banking Corp has reached an agreement with troubled Dubai trading house ARE Galadari Brothers and has withdrawn court cases for attachment and recovery of dues, Galadari lawyers said on Monday. They said a claim for 24 million dirhams against threeReuter - 135 words
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303 1986-04-23 12 Reuter WALL STREET share prices closed sharply higher on Monday, spurred by late-session buy programmes and lower interest rates. The Federal Reserve's discount rate cut on Friday, and subsequent prime rate drops on Monday, inspired only a subdued rally initially. The Dow Jones IndustrialReuter - 303 words
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Article117 1986-04-23 12 APR 21 Atxrfe Alcori c$ 25* 43** unch unch Imp Oi Inco lot Pro* Pip* hi h« 43* -2* 20* 43* 22 Algomo Bonk Moot Bonk Novo Scotw 18* 34 14* 40*. Lobtow B Matter F*rg Mc BkxM 27* 2* unch 32* 27** i*ich 27* +1 26* unch 37*117 words
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Article210 1986-04-23 12 API 21 MIN IWJ> INDUSTtlALS ins 15 A E C 1 Angtos Angvool 1150 4040 ***** 25 -85 inch 5 Byvoor 1525 15 550 Butt eh 6200 -150 3700 -25 Charter 1100 -50 1525 -25 Com Gold ***** C G Smith 2650 unch Com Murch 1010 -15 5 De210 words
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Article639 1986-04-23 12 Aft 21 Utt AJcan AJumai Alcoa AJkcg Intl Afced S>g 31* 40* 22* 5I*B unch •1* AM Stores Afa-Chofcners Am Brands Inc Am Can Co Am Cyanamd Am Elec Pwr 41* 5* 85* 74* 69* 28* 65*B unch 2* unch Am Horn# Prod Am Motor* Cp Am Tel639 words
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Article717 1986-04-23 12 Amsterdam An 21 n> ABN 582 50 +2 5 112 00 -0 3 Ahotd 78 70 +07 180 10 +08 153 80 -0 1 AMEV 8600 09 104 50 +0 7 Asi Stod ***** -1 31 50 -05 Borvjmn Buehrmon T«tt«c< 695 00 -5 x* ***** -05 590717 words
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155 1986-04-23 12 Reuter THE BRITISH government will return aero-engine maker Rolls-Royce Ltd to the private sector, subject to market conditions, in the first half of 1987. In a written reply to a parliamentary question on Monday, Trade and Industry Minister of State Geoffrey Pattie said the company wouldReuter - 155 words
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Page 12 Advertisements
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Advertisement630 1986-04-23 12 V k Mm to Mm, Mm It could only happen at Hotel Miramar... m ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00* (except premium brands) served daily from 4pm to 7.30pm. Delicious630 words
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Advertisement193 1986-04-23 12 Zurich pricos wsrs unavailable. London stocks on Pago 17 li 4 AND THE PERFECT COMBINATION GOOD MUSIC AND GOOD WINE GOOD FRIENDS AND LAUGHTER YOU AND YOURS AT THE LOUNGE ROSEMARIE. DAISY. MANUEUCA AND EMMANUEL. WITH CHART TOPPERS. OLDIES AND ROCK N ROLL. PUT EVERYTHING INTO PERFECT COMBINATION FOR A193 words
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ASIAN STOCKS
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Article349 1986-04-23 13 HONGKONG: Share prices closed steady yesterday in fairly active trading with American institutions dominating the scene. The Hang Seng Index rose 4.52 to close at 1,792.90 as profit-taking trimmed the 19-point gain in the middle of the morning. The Hongkong Index rose 2.42 to 1,113.77. Turnover was $369.81 million349 words
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Article253 1986-04-23 13 Art 22 25 90 04 MT Kuochon Da* 20 50 02 Al Sincere Mui 2 76 unch Laa Chong Yuan 08 24 90 0.4 24 50 Coihoy Com 31 70 •I.I Lian Hwa Indus 1275 0 1 45 00 -02 36 50 0 5 24 80 0.4 22 50253 words
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Article447 1986-04-23 13 TOKYO: Prices yesterday closed sharply lower in moderately active trading as the psychological impact of the yen's rise against the dollar offset investors' conviction that export-related blue chips are at bottom and are set for a rise. The Market Average fell 114.37 to close at 15,712.91. Turnover was 600447 words
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Article52 1986-04-23 13 AM 22 r«o. Marsted Oriental B 0009 unch Arias Con. B Boquk) GoW 16 inch PLDT San Migud B -75 39 50 •i i Bovc P«tro4»um Bcnguat Con. B no unch Scafront S«m« Darby 9 80 unch Fr»t Phi HWg» 3.90 unch Sungoo Con B 0 002 unch 852 words
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Article384 1986-04-23 13 SYDNEY: Share markets closed sharply easier yesterday in a mainly technical correction to the previous week's record-breaking gains. By the close of trading the All Ordinaries Index had fallen 11.7 points from Monday's close to 1206.5 and the All Industrials Index had dropped 18.4 points to 1973.3. The All384 words
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Article80 1986-04-23 13 APR 22 Bank Seoul Won 745 -15 Hyundai Const Hyundai Motor KAL 990 2270 1250 760 -10 40 40 5 Choheung Bk 730 -IB Korea 2195 100 Commercial Bk Doefcm Ind 759 572 -21 •18 Korea Sh*> 450 1179 12 53 Daewoo Corp Daewoo Ind Dona Ah 995 123580 words
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Article113 1986-04-23 13 BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.58 to 128.47. Turnover amounted to 352,225 shares valued at 56.2 million baht. Aft 22 •ohti Sermsuk 459 14 susp Asm Rbr« Ayudhyo kwestment Bortgkok Agro-ind 22 75 ISO Stam Ctaens Laming *0.25 $»am C*y susp 472 22 Bonk Of113 words
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Article64 1986-04-23 13 AFP EIGHT out of Japan's top 10 securities firms earned record pre-tax profits in the first half of their business year from October 1985 to March 1986. The top four are Nomura Securities with a pre-tax profit of 151.6 billion yen, followed by Daiwa Securities (108.6AFP - 64 words
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545 1986-04-23 13 No new licence expected in the near future Reuter RECENT statements by a senior Thai monetary official appear to have dashed hopes by foreign bankers of expanding their presence. Earlier this month, deputy governor of the Bank of Thailand (BOT), Chavalit Thanachanand, said theReuter - 545 words
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314 1986-04-23 13 Reuter BELL RESOURCES Ltd said its proposed partial offer for the Broken Hill Pty Co Ltd (BHP) will not now proceed in its present form following the granting of an injunction to BHP on Monday by the Supreme Court of Victoria. The courtReuter - 314 words
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Page 13 Advertisements
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Advertisement646 1986-04-23 13 \fiSZ±. <SZI M m Wvtmi wlae, mi entertain For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with'mouthwatering favourites that will definitely get your appetite going Buffet Dinner is at Ssl4.oo+ per person. The Luna Coffee House. We've got a646 words
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Advertisement69 1986-04-23 13 M Savoury Delights Await You At lm For reservations am 235 2698 or 734 6622 exl 141/144 Lurch: 11am-3pm Dinner 6pm- 11pm ]^/^vU ORCHARD ROAD M rjummmm itip ##v# Ample Free Parking 19 Catrnhi Orde and Valet Service Singapore 0922 W 734 6622 Outside CBD M t I I 469 words
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RAW MATERIALS
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801 1986-04-23 14 NYT SILVER, long a low-priced step-sister of gold, has little allure these days. In fact, it has been priced so low recently that earlier this month the Hecla Mining Co, a major silver miner, announced the closing of its Lucky Friday mineNYT - 801 words
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Article80 1986-04-23 14 Reuter THE PRICE of tin on the KLTM rose five cents to M 514.75 per kilo on moderate Interest. The rise was attributed to follow-through support from local and Japanese buyers. Turnover rose to 53 tonnes from 42 on Monday as cash-strapped miners offered metal After being absentReuter - 80 words
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Article198 1986-04-23 14 MALAYSIAN crude palm oil prices yesterday closed at the day's lows on further short selling, extending their losses in line with the weakness in palm oil futures and a lower Chicago soyoil futures close on Monday night. Estimates that palm oil stocks were still substantial pressured prices all198 words
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Article209 1986-04-23 14 Reuter WHEAT FUTURES on Monday ranged from 4-1/4 US cents a bushel lower in spot May to 1-3/4 cents higher in new crop July at the close on the Chicago Board of Trade. Spot May continued to decline versus other months as the prospect of heavy government in-kind deficiencyReuter - 209 words
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Article212 1986-04-23 14 SOYBEAN FUTURES on Monday finished a dull session fractionally mixed on the Chicago Board of Trade. July ended near the top of a 3-1/4 US cent range as local shortcovering emerged near the close. The outlook for low weekly export inspections for soybeans, later confirmed as the 15.7 million212 words
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Article66 1986-04-23 14 Bangkok {US)/tonne, FOB) White Rice 100% 1st class 240 100% 2nd class 215 100% 3rd class 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-l Od unq Loonzain Rice 100% 1st grode unq66 words
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Article723 1986-04-23 14 COFFEE ROBUSTA FUTURES on Monday eased back to the lows of a £30 range established in the morning, ending mixed at £14 a tonne above to £6 below Friday's levels. Analysts said the market is currently technically neutral, with July needing to move above £2,350 to signal an723 words
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Article327 1986-04-23 14 RAS prices in S cents/kg. FOB in 1 boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 161 00 162 OON 160 50 161 SON Int 1 RSS Moy 86 161 00 ***** 160 00 161 00 Int 1 RSS June 86 160 00 161327 words
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Article110 1986-04-23 14 (cents/kg, 1-ton pallets) MAY 86 JUNE 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyer. Sellers SSR 20 154 00 156 00N 155 00 157 OON SSR 50 151 00 153 OON 152 00 154 OON MRELB Buyers Sellers Buyers Sellers SMR CV 208 50110 words
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Article311 1986-04-23 14 Reuter SINGAPORE THE MARKET yesterday closed easier with May One RSS buyers quoted at 160.00 cents per kilo, down three cents from Monday's close. The morning session lost 2.50 cents in moderately active trading on long liquidation of nearbys and some forward selling. Prices fell by about 1.50 centsReuter - 311 words
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Article149 1986-04-23 14 Chinese Produce Robusta 20/25% Exchange FOB NSW 625 00 Sellers' noon dosing prices on Nutmeg Apr 22 (SJ/100 kg). 110 FOB NSW 1422 00 Coconut oil BWP FOB NSW 1322 00 Bulk FOB 50 00 Gombier Old drum FOB New drum FOB 6300 67 00 FOB NSW 330149 words
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Page 14 Advertisements
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Advertisement544 1986-04-23 14 NOTICES la the Matter of TV Companies Aet, Cap. 185 aad la the Matter ol SURAPATI HOLDINGS PTE. LTD. Notice of Resolutions for Members' Voluntary Wlndiag-l p (Pnrsnaat to Seetioa ZM) At an Extraordinary General Meeting of the members Of SURAPATI HOLDINGS PTE. LTD. duly convened and held on Tuesday,544 words
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Advertisement539 1986-04-23 14 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 185) AND IN THE MATTER OF TECK CHOON TIMBER PTE LTD (Incorporated In the Republic of Singapore) (la Liquidation) MEMBERS' VOLUNTARY WINDING-UP \t an Extra-Ordinary General Meeting of Members 3f TECK CHOON TIMBER PTE LTD duly convened ind held at 61-E Lorong539 words
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Advertisement169 1986-04-23 14 OFFICIAL NOTICE PROPOSAL TO CHANGE SHIP'S NAME We, Neptune Shipmanagement Services (Pte) Ltd, a Singaporean Company having our registered office at 10 Anson Road, 03-26 International Plaza, Singapore 0207 hereby give notice that we have applied to the Registrar of Singapore ships under section 417 of the Merchant Shipping Act169 words
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Advertisement266 1986-04-23 14 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 25th April 1968 of: NATIONAL BANK OF HUNGARY (Magyar Nemzeti Bank) SZABADSAG TER 8-9, BUDAPEST V, H-ISSO, HUNGARY We hereby certify that the rate of interest payable on the above mentioned Certificates of Deposit for the266 words
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SHARE INFORMATION
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Article, Illustration4218 1986-04-23 15 SHARE PRICES finished quietly mixed on the Singapore stock market yesterday after a day which dealers described as directionless. Losers beat winners 79 to 45. With no new leads to take prices convincingly one way or the other, the Straits Times Industrial Index4,218 words
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Article258 1986-04-23 15 SINGAPORE Rises ln< FAN 580 10 8T Composite Sn Hortomos 169 +9 VTIndicator Om* Tack 127 7 ITOt/OS Dwniop Est CULS 70 ♦7 ITCAOI HvimmMM 212 +6 BTOtV OCIC 615 +5 ST Industrials SPH 590 +5 ST Fmonce Mm— Corpn 231 +5 ST Hotels Homnou 74 5258 words
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Article2662 1986-04-23 15 SECTION ONE INDUSTRIAL COMMERCIAL A ana (0 8848) (5) 0.87 (I) 0 874 (2) 0 88 (4) 0 884 (1) 089 Alcorn (0 466) Amol Steel 50« (0 638 0 64Mr S) (5) 0 644 (5) 0 644 (11) 064 B A T 22« (1.4682,662 words
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Article280 1986-04-23 15 Monogers' prices for April 23 MARA-Bumiputra First B'putro 4 22 4 27 Singapore Unit Trust Second B'putro Third B'putro 3 75 3 80 3 20 3 25 The Commerce 0 79 0 84 Fourth B'putro 3 40 3 45 The Savings Fund 0 61 0 66 Fifth B'putro280 words
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Article127 1986-04-23 15 HONGKONG Hong Kong Index Tuesday 1113 77 Monday 1111.35 Week ago 1097 05 Hong Seng Index Tuesday 1792 90 Monday 1788 38 Week ogo 1763 73 Australion Industrials Tuesday 1973 3 Monday 1991.6* Week ogo 1932 5 NEW YORK Dow Jones Monday 1855 9 Friday 1840 40 Week127 words
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COMPANY NEWS
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Article, Illustration1349 1986-04-23 16 NAJEEB JARHOM - Company starts negotiations with bankers to restructure its loans By NAJEEB JARHOM WILL WANNIAN LIVE up to its name and carry on for "eternity" or will it meet the same fate as Veneer Products, as it was known previously, which was in limbo for1,349 words
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Article2619 1986-04-23 16 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. VOUS TRIALS Ajmomoto (3.1 OS) AMD (3.328 3 365) (3)2,619 words
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363 1986-04-23 16 NST MBf HOLDINGS Bhd's involvement in Carte Blanche in Malaysia has been questioned in the legal tussle between Carte Blanche International and its franchisee in Singapore, Carte Blanche (S) Pte Ltd. An MBf spokesman said Carte Blanche International, in a counter suit filedNST - 363 words
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163 1986-04-23 16 Reuter KA WAH BANK LTD has set aside a further HK$4l2 million for bad and doubtful debts, in addition 10 undisclosed existing provisions. The par value of the 364 million existing shares will be written down to five cents fromReuter - 163 words
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539 1986-04-23 16 MBT SELECTED COUNTERS finished higher on the Kuala Lumpur stock market yesterday but most other counters closed mixed. Granite Industries in properties caught investors' attention and was actively traded, with 1.15 million shares changing hands. It picked up 14 l /t cents toMBT - 539 words
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Article, Illustration796 1986-04-23 17 CHAN OI CHEE - By CHAN OI CHEE HAVING KEPT the market on tenterhooks for weeks, Promet Bhd has finally come out with its long delayed 1985 results and the figures just released do not make for pleasant reading. For the 12 months to last Dec 31, the796 words
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524 1986-04-23 17 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN THE CATHAY PACIFIC Airways share offer fever gripping Hongkong ahead of the airline's debut on the Hongkong stock exchange on May 15 has spread to Singapore. A number of Singapore brokers yesterday were dealing on behalf of clients524 words
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580 1986-04-23 17 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI THE HONGKONG Kowloon Wharf Godown Company Ltd is offering to buy up Hotel Marco Polo Ltd so that it could lend its financial muscle to help the hotel company weather the rough times ahead. This point was made by580 words
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523 1986-04-23 17 AMBASSADOR HOTEL LTD has disclosed that a substantial portion of the $16.76 million proceeds from the sale of its stake in Orchard Hotel Singapore and Borneo Tours k Travel Pte Ltd was advanced to various subsidiaries in the group and was used to liquidate its523 words
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LATEST RESULTS
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Article53 1986-04-23 17 has clarified that it still has a 50 per cent stake in Hongkong-based United Fund Managers Ltd. The parent bank transferred the 850 shares it held in that unit to another subsidiary within the UOB group, just prior to its recent sale of Hongkong de-posit-taking company53 words
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Article67 1986-04-23 17 Group pre-tax profits for the year to December 31, 1985, were 35 per cent lower at M 54.25 million (from $5.06 million). A final dividend of 20 cents less tax per share has been recommended and will be payable on June 13, 1986. The total dividend67 words
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Article41 1986-04-23 17 Group pre-tax profits for the 10 months ended Jan 31, 1986. were sharply lower at M 5230,000 compared with $746,000 reported for the previous full year to March 31, 1985. No final dividend has been declared.41 words
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Article40 1986-04-23 17 The group incurred a pre-tax loss of M 5607,000 for the year ended Jan 31, 1986, compared with profits of $607,000 previously. Directors have skipped the payment of a final dividend for the year just ended.40 words
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Article828 1986-04-23 17 THE market yesterday opened mixed in quiet trading but with a slightly firmer bias after Monday's easier session. Trading interest was selective, with prices mostly untested. At ***** GMT the FTSE 10 Index was 5.9 higher at 1,673.9. Oils were mostly higher, with BP 7p firmer at 545828 words
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298 1986-04-23 17 AMY CHEOK - By AMY CHEOK THE FIVE local stockbroking firms which received an offer last week from Penang businessman Datuk Mak Kok to relieve them of forward contracts in two Tan Koon Swancontrolled companies at 50 cents each have asked for298 words
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Page 16 Advertisements
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Advertisement376 1986-04-23 16 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF MEETING Notice is hereby given that the Forty-Ninth Annual General Meeting of the stockholders of the Company will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, on Saturday, 7 June 1986 at 12 o'clock noon376 words
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Advertisement159 1986-04-23 16 NOTICE The trade and public are hereby advised that the trade mark depicted above is the property of Aljilani Plastic Factory Pte Ltd of Block 161 Kallang Way, #05-01/02 and #05-05/06, Singapore 1334. This trade mark is registered in Singapore under registration No. ***** in respect of plastic bags included159 words
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Page 17 Advertisements
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Advertisement168 1986-04-23 17 Kenneth Pierce Managing Director Metlex Industries Ltd Croydon England is most pleased to announce that from Ist April 1986 Metlex are exclusively represented in Singapore by Nuova Sanitary Supplies Pte Ltd 55 Bright Centre 01-61 Telok Kurau Road Singapore 1542 Telephone *****18 Managing Director Jennifer Lim Metlex geek in TENDER168 words
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Advertisement336 1986-04-23 17 FAR EAST OPPORTUNITY MBA/ACCOUNTANT/ ECONOMIST We are local representative office of International Distillers and Vintners Ltd one of the largest wines and spirits companies in the world. We are looking for an MBA, Economist or Accountant with a developed business sense based on sound work experience in the far east336 words
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Article, Illustration650 1986-04-23 18 LUCY NG - Former Pan-El director warded at Changi Prison Hospital By LUCY NG FORMER Pan-Electric Industries director Peter Tham Wing Fai, who now faces another 20 fresh charges, was last night warded at Changi Prison Hospital for medical examination. No plea was taken at the court hearing650 words
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212 1986-04-23 18 MR LIM CHEE ONN, MP for Bukit Merah, has been re-ap-pointed chairman of a powerful Parliamentary committee which scrutinises how government money is spent. The appointment of Mr Lim, a former Cabinet minister, as chairman of the Public Accounts Committee by the212 words
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94 1986-04-23 18 SINGAPORE AIRLINES is to start a weekly service to the southern New Zealand city of Christchurch early next year. New Zealand Tourism Minister Mike Moore was quoted by Reuter as saying talks between civil aviation authorities of both countries ended in Wellington yesterday without94 words
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196 1986-04-23 18 AFP TAIWAN has decided to remove criminal charges against people who write bad cheques from next year onwards to protect the innocent. A financial official in Taipei said yesterday the decision to eliminate criminal charges against those who issue rubber cheques effective JanAFP - 196 words
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298 1986-04-23 18 AP FORMER US president Richard Nixon said the shock waves of a victory by the leftist regime in Nicaragua against Contra rebels could topple Mexico, a country he described as "waiting for a revolution". In a broad foreign policy speech atAP - 298 words
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361 1986-04-23 18 AFP, Reuter BRITAIN yesterday announced the imminent deportation of 21 Libyans, most of them students, accused of "active involvement in revolutionary activities" that could have "endangered national security". They were placed in detention after being rounded up during the morning in England, ScotlandAFP,; Reuter - 361 words
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Article99 1986-04-23 18 Reuter COMEX SILVER futures came up to match the higher levels on the London market yesterday morning on firmness generated by a lack of selling interest. In light dealings, silver for delivery in May gained 7.5 cents at US$5.l2 an ounce, which was short of Monday's high ofReuter - 99 words
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Article71 1986-04-23 18 Reuter WALL STREET stocks were mixed in early trading yesterday, as profit-taking trimmed excesses from the late blue chip rally on Monday and secondary issues gained ground. The action in stocks shadowed a mixed bond market. The Dow Jones Industrial Average fell four points to 1852, afterReuter - 71 words
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LATE FILE
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Article28 1986-04-23 18 UPI CONSUMER PRICES In the US fell 0.4 per cent for the second consecutive month in March, the US Labour Department said yesterday.UPI - 28 words
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44 1986-04-23 18 AFP ADVERTISING in China, banned during the Cultural Revolution, has made a strong comeback with a 605 million yuan (US$l9O million) turnover in 1965. The EJconomJc News newspaper said the figure was a 65.7 per cent increase over 1984.AFP - 44 words
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45 1986-04-23 18 UPI alleges cocaine use NORWAY'S leading tennis player, Morten Ronneberg, arrested last week on drugs charges, has claimed in press interviews that cocaine use on the international tennis circuit is commonplace. He said players used cocaine even during matches. UPIUPI - 45 words
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Article41 1986-04-23 18 Reuter ABOUT 300,000 port and dock workers have threatened an indefinite strike in June affecting India's 10 major ports. A union leader said yesterday talks with management for higher wages and improved service conditions had failed.Reuter - 41 words
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32 1986-04-23 18 Bernama THE PHILIPPINE armed forces will step up its operations against communist insurgents until a ceasefire is enforced. Defence Minister Juan Ponce Enrile said yesterday. BernamaBernama - 32 words
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Article42 1986-04-23 18 Reuter BURGLARS broke into the Philippine Presidential Palace on Monday night in a bid to steal documents left behind by ousted leader Ferdinand Marcos. A palace official said yesterday nothing of value had been discovered missing. ReuterReuter - 42 words
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Page 18 Advertisements
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Advertisement285 1986-04-23 18 THE UNIVERSITY OF WARWICK S in collaboration with WOLSEY HALL, OXFORD Now puts an MBA DEGREE Within Your Reach through Distance Learning Study with a leading UK Business School to achieve this important qualification through a flexible programme of structured home-based learning. Devised jointly by the prestigious University of Warwick285 words
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Advertisement437 1986-04-23 18 Alliat MiggMttd joint attack on Libya: US, Paga 5 f n £1 vv v > m»mi v N'v *V\*«V ■~.V>V u N V.v v n\: i *<# »,-v*r 1 i 4— X' j±f S^vi /jMMk B y i n W .V ••r- \*W U <^V N t «SS LEASE A437 words
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Page 18 Miscellaneous
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Miscellaneous56 1986-04-23 18 wMsiraa Outlook for todoy: Showers over severol areas in the early and late ofternoon. Report for 24 hours prior to 7.30pm on Apr 22 at the airport: Maximum temperature 31.9 Associated humidity 69 Minimum temperature 26.0 Associated humidity 96 Hours of sunshine 7.45 Rainfall in millimetres trocc Roinfall this month56 words
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SHIPPING TIMES
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237 1986-04-23 19 Shahrir Ariff - By Shahrir Ariff A ROLL-ON/roll-off ferry barge, built by a Tuas yard for the Kuching Port Authority (KPA) in Sarawak, will be launched today. The $2 million barge, which includes a pontoon/linkspan, was awarded to Otto Shipyard in August last year. The floating linkspan237 words
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378 1986-04-23 19 G DURAIRAJ - Massive surge in throughput By G DURAIRAJ BINTULU port may displaced Penang port as the second major port in the country following a massive surge in its throughput last year. The federal port, which started operations in 1983, handled 7.88 million tonnes last year378 words
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294 1986-04-23 19 Reuter WALL STREET analysts said CSX Corp, the Rich-mond-based railroad, probably sees a chance to offer a new service to shippers through its acquisition of Sea-Land Corp, one of the largest operators of container cargo ships. The bid of CSX forReuter - 294 words
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224 1986-04-23 19 Reuter THE INDIAN government plans to move a bill in the parliament to ensure at least 40 per cent of the country's total foreign trade traffic is moved by Indian ships, Indian Minister of State for Surface Transport Rajesh Pilot said.Reuter - 224 words
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PORTSIDES
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Article66 1986-04-23 19 Reuter WORK BEGAN on a major expansion project at Tianjin harbour, north-eastern China, aimed at ending serious congestion at the port, the New China News Agency reported. It said the 48.75 million yuan project involves building seven piled piers for 10,000-dwt vessels to be loadedReuter - 66 words
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Article58 1986-04-23 19 Reuter PRESIDENT CORAZON Aquino is holding her regular cabinet meeting aboard the Philippine Presidential yacht and then probably put the vessel up for sale, a palace spokesman said. "A change of scenery will do everyone of us good," spokesman Rene Saguisag said on Monday when askedReuter - 58 words
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Article1333 1986-04-23 20 MIXED trends could be seen on Monday in US Gulf grain rates on the London shipping freights market. Charterers conceded slightly more for the Continent but still found cheaper space for Japan. Car gill paid the higher figure of US$6.5O (fio) for the Amorgos to work 50,000 tons1,333 words
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977 1986-04-23 20 Fairplay NIPPON YUSEN Kaisha has shelved a planned long term replacement programme for its car carrier fleet. It had originally intended to replace two pure car carrier units with the most up to date car/truck vessels each year. The change did not comeFairplay - 977 words
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229 1986-04-23 20 Kingsley Wood - By Kingsley Wood WOODSIDE PETROLEUM HAS awarded a As 4 million contract to develop an underwater vehicle in Western Australia that will remove marine fouling from the North-West Shelf Platform. The project will be handled by the Fremantle-based Dawson Group, a specialist229 words
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Article855 1986-04-23 20 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 4 Atlos Line X 3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL 111 1 Bait-Canada Line855 words
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241 1986-04-23 21 SEADOCS REGISTRY, a bill of lading registry for tanker cargo documents established by Chase Manhattan Bank, will begin full commercial activities by mid-year. The registry began operating in a pilot mode out of its London-based processing centre in January. Since then, actual cargo messages and241 words
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417 1986-04-23 21 THE PROFITS recovery at Nedlloyd came to an end in the second half of 1965 and outlook for the current year is for a further deterioration in results. Nedlloyd's net profit fell 8 per cent to Fls 143 million (US$55 million) last year, from417 words
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Article777 1986-04-23 21 AFP A STEADIER tone crept into the key grain trades on the freight market towards the end of the past week, but not before rates had suffered further falls to their lowest levels of the 10 years. The US attack on Libya apparently had little effect either onAFP - 777 words
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262 1986-04-23 21 FT BRITISH Shipbuilders has decided to go ahead with an an-ti-dumping suit before the European commission against a Japanese shipbuilder which, it claims, won a recent order through offering an unfair price. British Shipbuilders said the £3 million to £4FT - 262 words
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Article4758 1986-04-23 22 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. Advanced dates are published at a4,758 words
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Article808 1986-04-23 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location N Crystal 34W 23.486 1730 NAPL F1 0730-0830/0830-0930 F3/G3 Kowloon Bay 73/528 23.486 2200 Mansfield F1 1200-1300/1300-1400 F2/G2 Sea Hawk 8617 23 4.86 2300 Eastern M F7808 words
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Article582 1986-04-23 27 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Baiymshan K35 PUalongside 23 4/2300 Cason K21 PIL alongside 23 4/1500 E'tern Glory K28 S'pore Shp olongside 23 4/0100 Gonda Goma K33 Eka Jaya alongside 23 4/2300 Koheng K11 Sin Chiao alongside 23 4/0600 L Petalmg 2 K20582 words
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Page 19 Advertisements
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Advertisement518 1986-04-23 19 —wif ITHE Availablp at all good bookshops [U FEDERAL Wjfm PUBLICATIONS Owdf THE HEART ar ofthe DRAGON OOCL Orient Overseas Cohtaitm Line lARDK SHTfWG AGENCES (Reg No *****4/ 00*) 70 Shenton Way #04 0 3 Marina House Singapore 0207 Te4 *****11 TELEX NO RS ***** CFS OFFICE IPC «03 029518 words
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Advertisement51 1986-04-23 19 NIPPON YUSEN Koisha has shelved a planned long term replacement progromme for its cor THE PROFITS recovery at Nedlloyd came to an end in the second half of 1985. Page 111 Index to advertisers II London freights 11 Weekly freights 111 Shipping Schedules IV Contoiner Schedules IX Ships in Port51 words
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Advertisement1292 1986-04-23 19 A hard took at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. TIMES. 1 THE BOOK MAERSK LINE A? W FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT 111,292 words
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Page 20 Advertisements
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Advertisement346 1986-04-23 20 V.Q T M TAfH YAM ASHIT A-SHINNIHON LINE -M. JL JLJ TRANS-PACIFIC SERVICES STRAITS FEEDER m Pacific North Wast I Atlantic/Canada Faadar at Kao I Faadar at Koba i.ii' 'lEßirrrß rnism Uir-JlaMaM I 1 —BKJmMITTyTWiBgMBMIEIIMI i >»'f t>« n!f cinEr—iLiMimngi for USA Ports. MIDDLE EAST Full Container Service (A member346 words
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Advertisement364 1986-04-23 20 AN ANNOUNCEMENT A fully-airconditioned luxury liner to carry 1,000 passengers and 1,000 tons of cargo between SINGAPORE PENANG MADRAS comes into regular service! "S O L OCEAN PRINCESS" will commence her regular fortnightly voyages between Singapore, Penang and Madras from the middle of June 1986. Agents for passenger and cargo364 words
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Page 21 Advertisements
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Advertisement942 1986-04-23 21 The Straits Steamship Group me Mansfield Container Shipping PteLtd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT stw trtof 11/5 13/5 17/5 19/5 2C/5 20/5 23/5 25/5 31/5 02/6 00/6 10/S 17/1 19/6 24/6 26/6 •1/7 13/7 09/7 11/7 17/7 19/7 15/5 IC/5 11/5 21/5 22/5 24/5 22/5 19/5 25/5 27/5942 words
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Advertisement753 1986-04-23 21 fft NEW AGENCY APPOINTMENT IN SINGAPORE I UNITED THAI SHIPPING CORPORATION LTD, BANGKOK, THAILAND wish to announce that they and their agents, Leo Shipping Re Ltd Singapore, have mutually agreed to terminate the agency agreement on 30th April, 1986. UNITHAI shall appoint SUNSHIP AGENCIES PTE. LTD. as its new agents753 words
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Page 22 Advertisements
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Advertisement704 1986-04-23 22 1 Hapag-Lloyd TO CONTINENT/UK EXPORTS Spar* MMS-ta 14/5 15/5 19/5 21/5 21/5 22/5 21/5 29/5 4/4 5/8 12/4 13/ C 21/4 22/8 2t/t 29/4 14/7 M/ 7 21/7 22/7 25/7 31/7 4/1 7/1 14/t 15/1 Kafltaaaßar 23/4 21/4 11/5 Jofcft Bar 24/4 15/5 An Mn 27/4 25/4 17/5 tar al704 words
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Advertisement98 1986-04-23 22 FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ A c( ,hf Ac Consortwrn llMnr* r«an FiWwt KW| %*»«p U/5 20/5 22/5 24/5 27/5 26/5 27/5 29/5 31/5 3/6 2/6 3/6 5/6 7/6 10/6 9/6 10/6 12/6 14/6 17/6 mil* CONTCINFPISfD 10 (R r; M NORTH AMFRICA AIST COAST CONVENTIONAL SERVICE TO98 words
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Advertisement601 1986-04-23 22 /!ff Hai Sun Hup Co (Pte) Ltd ■■■< TEL: *****06 (20 Lines) TLX RS ***** RS ***** ft fc. I \S I I R\ \R I |\l K I II) Specialist in RO/RO Service Acceptinf heavy-ifts upto 80 K/Tons Saints from Japan **»«< Jpn Malar* KwdiK MMTI U OJ» V601 words
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Advertisement685 1986-04-23 22 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) scr ni ik ni iw iw in int in oe in oa w nt is w ElO GENUS 34/4 21/5 2V5 25/5 24/5 27/5 4/4 5/* 7/4 14/1 1/7 4/7 V 7 7/7 4/7 11/7 14/7 no WWW685 words
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Page 23 Advertisements
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Advertisement643 1986-04-23 23 t r ii v\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHfT QOWA HOT A SWMA SIN JKT SBY SIN HKQ KAO *TCM KEE BUS *MU« *MTC YOK KOB KEE SMtad 8«M«d SMted S2B/4 27/4 2S/4 29/4 1/5 4/5643 words
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Advertisement683 1986-04-23 23 BENLINE CONTAINERS SS CONTWO SERVICE TO UK/CONTMENT STOBE PKELANG SION MM B "HAVEN ROAM 23/4 SaArt 11/5 12/5 14/5 15/5 27/4 25/4 17/5 11/5 25/5 21/5 4/5 4/5 24/5 25/5 27/5 2S/S 12/5 11/5 11/5 1/$ 3/4 4/4 22/5 2J/5 J/4 11/4 12/4 27/5 25/5 17/4 11/4 25/4 21/1 Out*683 words
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Advertisement418 1986-04-23 23 DJASAGETRI A Joint Europe Service Oh P.T. DJAKARTA LLOYD fX. 6ESUKI LLOYD P.T. SAMUDEIA IWOKStA P.T. TMKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pere BB>*e Bremen AUm/Rdam tin ltawtoa| *GAM)A GAMA VISNB hi Part/K.33 29/5 5/S 3/C S/6 OCEAN HOW V4NB 1-3/5 31/5 3/1 7/6 IJ. BONTANG WIW418 words
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Advertisement287 1986-04-23 23 BOUSTEAD SHIPPING AGENCIES Pi-in ¥94P Pafan V9IP BURMA FIVE STAR (Burmese National Line) Loadmf for Ranfoon Sparc Pldanf Pan 25/27 Apr 11/11 May (P. Sudani) 9/11 May (P. Sodanf) v* BANK LINE (MS pete tat HMbr/Ytota/bfcaN/ltate/lM) Ah y un d a i MERCHANT MARINE BULK TIMBER AND PLYWOOD SERVICE USA287 words
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Page 24 Advertisements
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Advertisement1303 1986-04-23 24 K USA CANADA ATLANTIC COAST (Round The World Service) KAWASAKI KISEN KAISHA, LTD. CJ TOKYO V3E/0. FREEDOM it OCEAN LEGEND V 2 MMM ¥10/0 PATRIOT V 29 N. lADE V 2 PACIFIC COAST PACIFIC SOUTH WEST rede* vsl sp pk pn sp mother vsi t/s tort la/lb oak K HBDtf1,303 words
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Advertisement607 1986-04-23 24 INDIA EXPRESS CONTAINER Accepting FCL/FCL Containers Sinjapoif P Helant Pfiirvf loading tor "S O TRfWA 27 Apr sniwro fortut n to "TU. SIMS'' 22 Apr KAMOAS" 22 Dpi TNNr 2S Apr tsTiarra 27 Apt 'BHAYABHUTI 20 Ap> Ba«bay/Kaaoa «tu(/Until Caiaae* Bsnfcay Na*as/rde*/ltatfe/C*Mtta Accepting FCL Containers and Conventional Cargo Swifapore P607 words
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Advertisement672 1986-04-23 24 GOLDEN LINE GUAN GUAN SHPPWG (PIE) LTD 23. ItM Ay«r Strw< smtmm oim m sxmt ua imi STRAITS/PERSIAN GULF SERVICE: s GOIDEN KM Colombo Raiach. Duba. Doha Bahta* GOLKN MUCH Cotombo Karachi Bombay Ovbai 2/3 May IS/17 Hit CHMA OCEAN SUPPING CO.. PEKMG THE PEOPLE S REPUBLIC OF CHMA i.i*672 words
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Advertisement460 1986-04-23 24 INTRASEA (PTE) LTD 10 Anson Road »27 16 Inte/nationa' P<a/a Singapore 0207 Tel ***** 1 1 (1 O Lines) <► BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELE* RS ***** PHILI MEDUY ia I FQ MBOlf -L43T K*T a/4. 21/4. »/S. U/S, a/5 3/4460 words
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Page 25 Advertisements
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Advertisement736 1986-04-23 25 NOL NEPTUNE ORIENT LINES LTD S para NEPTUNE AGENCIS PTE LTD I****, mcn vmv ,^r r *****77 *****22 *****53 «DBECT LWS VtSni 27*5742 I. Bam HMPfX NKA SON. M. ****** P Katanc HMfO MM SON. BW. f. ton HARPER MM SON BHD M«7» Panang HARPER MM SON M). *****4 FOR736 words
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Advertisement229 1986-04-23 25 DONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON ms lb. 7 Om/HX Nr Dnm/iMN M I Dm/Ha TW/M2N P'WI i.» N1 NIPIUNI AGfNCIfS PM I 10 M '8997 7 ?;*S4I4 ißwlnnfsl ???7SIO (OpcrjlwoM .VOVB4 >? rl 1 ,vn?')o4 (CISi Mil IfMA •i.mu lIINAS229 words
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Advertisement819 1986-04-23 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULMNG 55. Martet Street 0104 Telephone Nunbers *****3 (15 Lnes) Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P. KELANG PENANG M/S SHARKAT NAM SOON SON. BM>. IST AND 2ND FLOOR. MESSRS HM THONG SHTPMG 127 Penang Street819 words
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Advertisement111 1986-04-23 25 g K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Som«f»«t Road #06-01. Ng T»ow Yh®« Bldg S por» 0923 T®l 235 8-444 (4 linns) Port Kclanj liga Pina Shipping Sdn Bhd Ifl 03 389f1?4 5 Penanf Mal.i»su Iradi" Transport lid lei 04 *****3 Pasir Gudang Malaysian Slwppmg111 words
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Page 26 Advertisements
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Advertisement334 1986-04-23 26 [1 REGIONAL CONTAINER LINES 70 BANGKOK (4 WEEKLY SAILINGS) TO SOUTH THAILAND iuwi ■m ■m MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTWGHTLY •TO BELAWAN ml mnriEJZB and local) tor PK/PNG nannl nnrai BENGAL BAY CONTAINER FEEDER WEEKLY TO C ALCUTT A/CHALN A/CHITT AGONG CZMIE!ZrML^ii«| SUN MON 27-21/*334 words
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Page 26 Miscellaneous
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Miscellaneous175 1986-04-23 26 E Regional Weather i s i 40 k\ S3 ■Si I 1M i Ik SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c^ Wind direction with speed in knots Wave height One half Heche represents 5 knots R Thunderstorm Temperature c V Shower Weather Wind direction with speed175 words
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Page 27 Advertisements
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Advertisement287 1986-04-23 27 BATAM, DUMA!, PEKAN BARU REGULAR SERVICE Vessel ETA ETD Loading for GUNTUNG JAYA 28 Apr 29 Apr Dumai/P Baru GUNTUNG JAYA BARU In Port 24 Apr Sflfcupang/Dumai BINTANG TERANG 25 Apr 26 Apr Batam 'General Agents Dumai Shipping Pte Ltd., 7500-A BMCh Road #06-306 The Plaza. Singapore 0719 Tel: 29*0129.287 words
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Advertisement278 1986-04-23 27 COLUMBUS LINE REEDEREI GMBH (XPRESS SEMI CONTAINER SERVICE TO HULL ROTTERDAM HAMBURG SPORE ROM/ADAM WG HULL (U.K.; TO ANA PAPUA V 5 24/4 19/4 25/5 1/6 THALASSM MANA VI 12/5 10/6 15/6 TAMAITAI SAMOA ¥7 31/5 26/6 30/6 10/7 Also accepting FCL contrs to Antwerp and Bremen SPORE 24/4 12/5278 words
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Advertisement421 1986-04-23 27 GLORY NAVIGATION GROUP RFCUIAR LINER Stmilt TAIWAN TO SINGAPORE 4 ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT HTTRHCTM RAtES* SPORE PARANG PENANG PERAWANG MUMM TMBER GLORY V-49 Siied 12/4 11/4 6 SELATAN Kill <31 Sj4kl IS/4 17/4 G SELATAN V V-42 25/4 27/4 G SELATAN VI V-37 30/4 2/5 4/5421 words
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Page 28 Advertisements
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Advertisement541 1986-04-23 28 ffcmmuvm 9/10 «b» 11/13 Mj» fOR UK, RIM. HBG. BHVW AWP Fit EUROPE PCNMG PKEIMK SPORE JU khil s hit in mit BANGKOK FOR 20/29 Apr PM. HBG. BMW. A HP. HWI 9/12 Mir HBG BHV* AWP. HUll AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYS MARITIME SERVICES SON BHD541 words
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Advertisement355 1986-04-23 28 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****44 (3 LINES) TLX NO. RS ***** HEAPCO FUIL CONIAINLR SERVICE TO FORT KELANG/PENAN6 Wtst MaUyyi A|enf Pttunj NATA StMPWWA SON BH) T«E 04 «14?tt 04 (1(141 Port K flint WMLOTL) EAC AGENCIS355 words
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Advertisement764 1986-04-23 28 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) WPIUW CUTSTAI 34W KOWAN CHANCI ?(N SIWN Sf AS BRDtf »N S'poit In rt 30/4 J/S leHoirc Rdam ftltwt Hb»| Brrm Antwerp 12 5 13/5 14 5 16/S IJ/5 70/5764 words
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Advertisement797 1986-04-23 28 I COMPANA PERUANA DE VAPOREES (C.P.V.) Z f "PERUVIAN STATE LINE" J loadwf lot Caiao HUtaram »u and other Permian ports »ifh at Koto 9 On CPV Ihionfti Bifts ot lad«t •■a' destination MANOLOEVERETT JOHNEHERETT MURRAYEYERETT Penary* P. Ketjnt Singapore 27/29 Apr 7/1 Ma? 26/27 Mar EVERETT ORIENT LINE' JAPAN/BAY797 words
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Advertisement277 1986-04-23 28 ZIM NON CONFERENCE MOE PENDENT FULL CONTMNER SERVICE accept* FCL/LCI c»rjoe» to US* East 1 West Coast. Carribtoeaniast Canada and HAffl fU«* fSi ISTOK MANNK l» IUST I t It JIK St M 17 (It 14.5.H It t H 12IK 14 t K It tit 22.t It 24t0t XtJt WSSEI277 words
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