The Business Times, 5 May 1986
1986-05-05
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The Business Times
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Title Section12 1986-05-05 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, MAY 5, 198« 75 CENTS12 words
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469 1986-05-05 1 SAID ABDULLAH - By SAID ABDULLAH FALLING OIL and feedstock prices could result in a maiden profit this year for the $500 million petrochemical company, The Polyolefin Company (Singapore). TPC's managing director, Mr Hideo Maki, told BT that lower raw material costs would help the469 words
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537 1986-05-05 1 ALVIN TAY - More companies expected to follow suit By ALVIN TAY FAST FOOD chain McDonald's Restaurant (Singapore) will soon launch its maiden Ssls million bond issue, a development widely seen by bankers as only the start of more such issues by other companies in the537 words
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480 1986-05-05 1 PROSPECTS for the textile and garment industry for the rest of the year have brightened with manufacturers confident that exports will recover from last year's depressed levels. An industry spokesman said chances of a 2 to 3 per cent rise in this year's domestic exports480 words
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379 1986-05-05 1 TOKYO t SUMMIT I AP WEST GERMANY has agreed to support Japan's call for stabilising foreign exchange rates, setting the stage for a likely confrontation with the US and other Western nations attending the Tokyo economic summit. Friedhelm Ost, the spokesman forAP - 379 words
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141 1986-05-05 1 AFP THE WORLD OIL slump has forced mare than half of Indonesia's 75 on-shore drilling contractors to end operations. Rudijono Hadi, the deputy chairman of the Indonesian Drilling Companies Association, said during the opening of a conference on Jakarta's drilling industry last week that onlyAFP - 141 words
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Article, Illustration469 1986-05-05 1 THERE MAY BE a glut of shop space but one company has faith enough to believe that it has found the rare ideal spot worth an estimated $12 million to $15 million. Rolex Singapore is buying more than 1,069 square metres469 words
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Article97 1986-05-05 1 Reuter THAILAND'S powerful military commander, Arthit KamlangEk, has said he does not plan to run in the Thai general elections in July. Mr Arthit, 60, who is due to retire in August, is required by law to resign from active army service before he can standReuter - 97 words
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Page 1 Advertisements
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Advertisement216 1986-05-05 1 For a better rate ori your Call Deposit \IL FOONG 737-7977 Ml \\&yfoong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill #03-00. Claymore Ptaxa. Singapore 0922 P! frssfe»««y u—ner terr. 3 bdrms servant's, attached bath, split living/ dining. Furn $1,350 RPC *****1/*****3. DISTRICT 11, Orchid216 words
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Advertisement232 1986-05-05 1 I \mm MERCURI GOLDMANN, a 32-year-old Swedish consultancy firm specialising in sales and management development, says it con help local companies facing a slump in sales. It is offering three sales management programmes in Singapore sales management by objectives, sales leadership by objectives, and selling by objectives. MANAGEMENT, Pag* 2232 words
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Advertisement56 1986-05-05 1 This year's Celebrity Tennis was stoged in aid of the St Patrick's Arts Centre, established and run by Brother McNally (left). Paget ytors 090 whtn it first opptorcd on Broodwoy. Tho ST*ARS production lost Fridoy wos os vibront. It is suroly aoing to bo a tovourito with Singapore oUdl€fK6S. Pogo56 words
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Advertisement141 1986-05-05 1 ahners Exposition Group The Exhibition People 1 m m itiMilMM Mori dumummdwi turning to goomancy, P#jt 8 Trans-Pacific JAL's terrific Regular connecting flights from Singapore via Tokyo with a flight schedule that's second to none. Over 60 flights a week to 7 major U.S. cities and Vancouver. Direct to Expo141 words
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MANAGEMENT
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Article914 1986-05-05 2 SAID ABDULLAH - Scope for increased sales, says Swedish consultancy By SAID ABDULLAH FORGET THE RECESSION, stop worrying about the bottom line. Not much more can be done about what has become history but something definitely can be done about the top line. Management should pay more914 words
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FRONTIERS
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Article121 1986-05-05 2 WHY ARE some babies born prematurely? There is overwhelming evidence that a mother's health is the i—of premature birth. According to Dr Dharmpurl Vktyasagar, a professor of pediatrics, obstetrics and gynecology at the University of Illinois at Chicago Medical School, although premature births can be121 words
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Article, Illustration139 1986-05-05 2 LEE HAN SHIH - CompiM by LEE HAN SHIH CHINESE defence researchers have developed a system Unking micro-com-puters over long distances. The New China News Agency (NCNA) said recently that the network, developed by the Defence Ministry's Commission of Science, Technology and Industry, enabled texts in Chinese to be139 words
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Article329 1986-05-05 2 r .nrK PILOTS who train in a (light simulator without the danger of a crash, student psychotherapists in the US now have a simulator to learn how to counsel seriously depressed patients without worrying about triggering suicide. Eugene Mead, Brigham Young University's Professor of Family329 words
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1109 1986-05-05 3 NYT ALL OVER Wall Street, investment banking houses are slapping their employees in handcuffs "golden handcuffs" to be precise. Even the most prominent firms seem to be tortured by the same fear: that their stars will get a better offer from a competitorNYT - 1,109 words
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Article, Illustration625 1986-05-05 3 TSANG SAU YIN - By TSANG SAU YIN, Management Correspondent GREGORY PECK certainly had no idea that 12 O'clock High, a film he starred in, would be used as part of a training programme (or improving leadership skills. But British-based London Management Consultants thought otherwise. According625 words
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943 1986-05-05 3 NYT WHEN EXECUTIVES from Baltimore's five top insurance companies met last week, the talk was not about marketing financial services, but rather about hunger, homelessness, health and housing and the condition of education and the elderly. These issues are being recommended to 600 insuranceNYT - 943 words
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Page 2 Advertisements
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Advertisement317 1986-05-05 2 'is-' *V V V ■*S: V x x X Bi-directional tractor shown optional PinwriterP7 The affordable Pinwriter P7 has what it takes to look good whatever you print. With a 24-pin printhead for superb text and dazzling graphics. It's faster and quieter. Fully PC-compatible, too. At a price that gives317 words
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Advertisement38 1986-05-05 2 mhf FACTORY FOR LEASE Rental: 60* per sq.ft. AREA: 10,000-60,000 sq. ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Interested parties please caN *****5938 words
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Page 3 Advertisements
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Advertisement84 1986-05-05 3 Your passport to the best restaurants in Singapore. Only $2.90. For only $2 90 you gel tne best selling and mosl comprenenyve guide to Itie Dm* restourants food and drying places in Singapore Pict i up o copy today o» Where lo Eat ft Dnnfc m Singapore 1986 aI any84 words
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Advertisement173 1986-05-05 3 Just 2(1000 miles and you're flying free. Join the people who know. -i r' £*> No airline gives you free trips faster than Northwest Orient. Not United. Not Singapore Airlines. Not anybody. The Northwest Orient Free Flight Plan is the best in the business. Just 20,000 miles and any single173 words
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OVERSEAS
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Article432 1986-05-05 4 Economic coordination vital, say early arrivals at Tokyo meeting TOKYO I SUMMIT NYT EARLY ARRIVALS at the seven-nation economic summit meeting said on Saturday that the abrupt decline of the US dollar and the sharp rise of the Japanese yen demonstrated a need for tighter control overNYT - 432 words
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144 1986-05-05 4 Reuter A WEST GERMAN newspaper has said the seven participating nations at the Tokyo summit will call in a communique for efforts to strengthen world economic growth and to improve the international monetary system. The Frankfurter Algemeine Zeitung published detailsReuter - 144 words
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Article, Illustration238 1986-05-05 4 UPI AN UNMANNED Delta rocket was exploded by Air Force safety officers on Saturday after an engine failure sent it tumhling wildly out of control, stunning America's space programme with its second failure since the Challenger disaster. Lost along with the US$42UPI - 238 words
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202 1986-05-05 4 AFP ALMOST ALL the Jobs created in the US by the year 2000 will be in the services sector, according to a report to be published today by the Conference Board Statistical Institute. Jobs in industry will representAFP - 202 words
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Article187 1986-05-05 4 NYT PRESIDENT Reagan's approval rating from the American people matches a previous record high. A New York Times poll said that this rating was despite the fact that support for the bombing of Libya last month slipped a bit from what it was immediately afterNYT - 187 words
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Article81 1986-05-05 4 AP AFTER putting in the first 120 days of the year for the government, the average American began working for himself on Thursday. The Tax Foundation, a non-partisan research organisation, called it Tax Freedom Day. The foundation calculated that if everything a worker earned were devoted toAP - 81 words
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Article73 1986-05-05 4 AFP SWISS households spend more money on insurance than anything else, the Federal Office for Industry said on Friday. They spend an average 16 per cent of their budget on insurance, 13 per cent on housing, 12.8 per cent on food, 12.3 per cent on leisure,AFP - 73 words
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281 1986-05-05 4 Reuter THE SOVIET bloc's arms sales to non-communist developing countries dwarf its economic aid to those states, according to a Nato study yesterday. The annual report on Warsaw pact economic ties with the Third World said that arms sales to non-communist countriesReuter - 281 words
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288 1986-05-05 4 NYT THREE POLITBURO members inspected the area around the damaged Chernobyl nuclear power plant on Saturday, marking the first public demonstration of concern over the accident by the Soviet leadership. The government press agency Tass said that the area was visited by Prime MinisterNYT - 288 words
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Article110 1986-05-05 4 UPI JAPAN yesterday warned that radioactive pollution, believed to be caused by the Soviet nuclear disaster, has spread to the country as President Reagan and Western leaders were in Tokyo (or the three-day economic summit. The government's Science and Technology Agency announced it had detected radioactivityUPI - 110 words
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Article809 1986-05-05 4 ARRIVALS Operator Smci time From SIA SQII7 0005 KUL UA UA805 0010 JFK/SFO/HKG SIA SQ4I 0620 MAA MAS MH60I 0720 KUL MAS MH681 0620 KUL SIA SO 43 0620 DHA/KHI SIA SQ45 0850 MRU MAS MH8I1 owo PEN MAS MH671 0920 KUL 9A SQI03 0950 KUL CPA809 words
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216 1986-05-05 5 Reuter PEOPLE defying Iran's Islamic codes on morals and dress could be sent to rehabilitation camps under a Bill to be presented to the Iranian Parliament soon. The punishment would also apply to dealers in video-tapes, and importers, sellers and wearers ofReuter - 216 words
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214 1986-05-05 5 AP CHINA'S insurance companies have been hit by a rash of swindling. The official English-language China Daily said on Friday the People's Insurance Co of China has uncovered more than 40 cases of fraudulent attempts to collect insurance compensation involving tens of thousandsAP - 214 words
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181 1986-05-05 5 UPI CHIEF OPPOSITION leader Benazir Bhutto drew the largest political crowd in Karachi's history on Saturday night when hundreds of thousands of people heard her demand that early elections be held to pick new members of Pakistan's legislature. "The people of PakistanUPI - 181 words
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185 1986-05-05 5 AP THE LEGISLATIVE Yuan, Taiwan's highest law-making assembly, has revised a law in efforts to attract more foreign investments and service industries, a government official reported on Saturday. John Ni, the director of the Industrial Development and Investment Centre, said the revisions wereAP - 185 words
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Article, Illustration431 1986-05-05 5 Reuter SAUDI ARABIA'S Oil Minister, Ahmed Zaki Yamani, has said he could foresee an energy crisis more severe than the one in the *****. Interviewed in Geneva on Saturday, Mr Yamani said that in spite of the beneficial effect of low oil prices, theyReuter - 431 words
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342 1986-05-05 5 Reuter A TOP United Nations official has accused European countries of ignoring the needs of Third World nations (or the sake of wasteful agricultural pnHH— Developed European nations should help developing countries boost food output, rather than produce agricultural surpluses themselves, Food and AgricultureReuter - 342 words
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147 1986-05-05 5 AP IN JAPAN, where a hot soak is an important part of the day's activities, an American company has introduced a U5525,000 high-technology bath that lets the bather do everything from locking the doors to turning on home appliances from theAP - 147 words
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Page 4 Advertisements
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Advertisement112 1986-05-05 4 If i* m v P? 5* H yiti E? Is l •< \j. ''> '-x-Sx. .sS' It w 1 For anyone interested in seeing more of Switzerland than just the airport, there are some exciting ideas to be found in Swissair's "A Date with Switzerland" for spending from one to112 words
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Advertisement50 1986-05-05 4 I I II \I I II II I Tuesday, Thursday, Saturday and I I VI I MI II \l Sunday. Leaving Changt Airport at I A /I l 1 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canoda at *****55 or your AIR CANADA50 words
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Page 5 Advertisements
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Advertisement128 1986-05-05 5 Where else puts you in the heart of Kuala Lumpur at such affordable prices. Where else brings you the luxury of the city's largest hotel rooms and eleven places to wine and dine. Where else but the Shangri-La. Kuala Lumpur's finest hotel. Eas ,h-r. '.f Shangri-La hotel KUALA LUMPUR A128 words
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Page 5 Miscellaneous
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Miscellaneous49 1986-05-05 5 I HAVE TO OE COURSE CONFESS, QWe, YOU ARB, TMAurne jxn.wpe NONPLUSEP AWHnBUB&YALLWUR. EML. NEW success. BY GARRY TRUDEAU UELL,SOMEOF US PON7UANTID KMmBZWAMMORB. UKB THE NEW BLACK EMVEPRENEUK! HE POESfCT NEB? SET-AS!PCS! HPS MAMN6 HIS SEEP MONEY^^ m THROUGH PURE HUs7l£!% r mm ■> vrs A m a ii SIL.49 words
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SPORTS
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Article, Illustration518 1986-05-05 6 WALTON MORAIS - By WALTON MORAIS TOP-SBEDCD New Zealand survived a lite Taiwanese fightback to win the US|lOO,OOO Dunhill Cup Pacific zone qualifying championship at the Bukit course yesterday. The Kiwis, comfortably ahead in all three matches at the turn, struggled to a SVt-Vi win518 words
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Article, Illustration356 1986-05-05 6 AUSTRALIAN Greg Norman completed a 64 with an eagle on the lSth hole and opened up a three-shot lead on Saturday after four rounds of the richest tournament on the PGA tour. Norman, who ays he has had a case of. walking pneumonia356 words
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Article, Illustration454 1986-05-05 6 AP TOP-SEEDED Thierry Tulasne of France and No. 2 Andres Gomez of Ecuador upheld their seedings with straight-set victories on Saturday to reach the championship match of the U*****,000 US Open clay courts tournament in Indianapolis. Tulasne beat No. 3 Jimmy Arias, 7-6AP - 454 words
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389 1986-05-05 6 WITH TWO ROUNDS left to [day, the Premier League golf championship is turning out to be two-horse race to the wire between Sembawang and Seletar.. Before yesterday's seventh round at Warren, the lead had been held twice each by the two clubs with389 words
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405 1986-05-05 6 BRIAN MILLER - BRIAN MILLER TRAINER Charles Read, who only last week was granted an "A" licence to train horses on the Singapore-Malaysia circuit, got off the blocks in fine style by saddling the first two horses past the post in Race 5 in Penang yesterday.405 words
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Article, Illustration431 1986-05-05 6 Reuter AT 54, when most athletes are ready to lit in the rocking chair, Willie Shoemaker is aiming for the one racing prise that has eluded him the Triple Crown. Shoemaker positioned himself for a shot at a sweep of America's classic racesReuter - 431 words
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Article, Illustration587 1986-05-05 7 Reuter SOCCER, the sport of the masses, has been converted into an event for the beautiful people. But bitterness over the massive costs and extravagance surrounding the Cup is nowhere felt more deeply than among the thousands left homeless by last year'sReuter - 587 words
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477 1986-05-05 7 Reuter A NOW-TENUOUS link forged centuries ago will assure Keke Rosberg of a hero's welcome when the Formula One circus pitches camp in Budapest in August. Rosberg is a Finn, the only Finn in Grand Prix racing, and Hungarians have had a closeReuter - 477 words
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Page 6 Advertisements
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Advertisement67 1986-05-05 6 MHuWWHBi <W*T- *'■>% '"i Z' f- v V. M "Better use one of my Ultras, S r "V y -t -r* M 4 'i.v' ;r. <*| -'s -v^ f 7 p **•?<<«# 3 'C y_J. t\ mm *3 »->- u ■*<* —0 u s »Mr*v* i jlj- t r 467 words
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Advertisement47 1986-05-05 6 OLYMPICS OLYMPIAN CLASS A WISE CHOICE Extra-spacious 42-inch seats plus all the privileges and trimmings of first class travel. For just the price of a full economy ticket. For enquiries and reservations, call 225 8877. TUI x j» ar 4 k s The International Alrfine of Greece47 words
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Page 7 Advertisements
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Advertisement75 1986-05-05 7 f •v> 'iff* m leather's day occurs once a year and you'd like to make it special for you beloved Mum. Come over to the Chesa we'll provide you with the setting, food, wine and strolling minstrels to entertain and bring back those lovely memories that you cherished. Ask for75 words
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Advertisement138 1986-05-05 7 Bijg S L I'M* V L w 4: Mt V -r* i- j V« i tk ft ",v S V I3K *P WiHtjm L mi Tbr f S.tla M.vugf WELCOME FONT... The people who can put you into the picture about Yideotyping. |f,v 'M Eight top electronic typing specialists at138 words
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FEATURES
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Article, Illustration1430 1986-05-05 8 LISA LEE - By LISA LEE SOME BUSINESSMEN bemoan the bad times, others succumb to a stringent authority more keyed to keeping the errant in line but many more are turning to the geomancer to combat the current economic downturn. Call it what you will, from natural science1,430 words
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146 1986-05-05 8 Chia Boon Pte - LcTTcrS to Hm caiTOr Chia Boon Pte Real bMeDewlafenK lii i rln Ills if BuipilT" Dear flr, We would like to *****1x*****1 you (Or a very objective, rate and enlightening editorial headlined "Properties ripe tot the picking" (BT April 25). It is couect and146 words
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Article268 1986-05-05 8 S C Ch - S C Ch DMT m, -m. I fed It It a pity that the J Kidney Foundation should be" channelling so many rcnurcM ■>' to pwh lor the paving of thep proposed legislation to allowdoctors to remove the organs 1 people who are killed in268 words
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Page 8 Advertisements
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Advertisement132 1986-05-05 8 i Ik 111 m I II if 40th Storey Conference Hall 38th Storey Chairman's Office General Manager's Office Deputy General Manager's Office Secretariat Legal Department 13th Storey Operations Directorate Marine Directorate Industrial Health Safety Department 12th Storey Personnel 11th Storey Finance Directorate Treasurer's Department 10th Storey Accounts Department Audit Department132 words
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Page 8 Miscellaneous
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Miscellaneous670 1986-05-05 8 r L MM u CRYPTIC PUZZLE ACROSS 1 Lost of the cool in the sock? (5) 6 Triangular letter in wrought lead! (5) 9 A time to enjoy being pious about a girt (7) 10 Sam Browne's port? (5) 11 A horse of naturol prominence (5) 12 Noisy way to670 words
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THE ARTS
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Article, Illustration848 1986-05-05 9 ANNA TEO - By ANNA TEO EVERY LOB, volley or smash that Michael Warren and the handful of small-screen stars served ala-tennis two weekends ago at the Hyatt Regency will help keep in the running one of Singapore's most fervent arts centres. This year's Celebrity Tennis was staged in848 words
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Article, Illustration444 1986-05-05 9 BYRON JOYNER - By BYRON JOYNER ELECTRICITY sparkled on the stage of the Ok! Vic last Friday, the opening night for West Side Story, ST*ARS's most recent production. The show was as vibrant as on a New York stage yet not quite as commercial. In 1957, West444 words
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527 1986-05-05 9 MARIE DAVID - By MARIE DAVID EVERY SUNDAY we are treated to an hour and a half of sport on television. The World of Sport tries hard to keep its audience in touch with international sport, and basically succeeds in this objective. But there are some527 words
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218 1986-05-05 9 IT'S TIME AGAIN for all artists living hi Sings pore to take the opportaaity to participate in a major Art competition in Singapore. The Painting of the Year Competition, organised by the United Overseas Bank Group, is into its fifth year encouraged by218 words
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Page 9 Advertisements
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Advertisement399 1986-05-05 9 TIME ENGINEERING BERHAD PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1965 The audited results of the Group and the Company for the year ended Hat December 1965 ara as foilowa: 1. (a) TURNOVER 28,021 62,487 (652) 19,739 32,616 (39 5) (b) OTHER INCOME 251 196 18.7399 words
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Page 9 Miscellaneous
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Miscellaneous1144 1986-05-05 9 v.,., A l< iy§ Cod (Valerie Qogan) etrugglee to keep Hexham. HEART OF THE HIGH COUNTRY tJOpm, Channel 12 Ceci struggles to run Hexham alone, but is gradually worn out by constant bickering with her starf, who refuse to take orders from a woman. Desperate for love and support, she1,144 words
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INTERNATIONAL STOCKS
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422 1986-05-05 10 FT SANYO ELECTRIC is planning to merge with one of its largest affiliates in a deal which will mark the higgMt merger to date in the Japanese consumer electronics industry. Sanyo said last Friday the move was a defensive one, aimed at boosting theFT - 422 words
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Article112 1986-05-05 10 NYT THE PAN AM CORP has reported a lon of US$llB.4 million for the first quarter. The deficit was less than the 1138.7 million loss posted for the first three months of 1966. It was also a relatively better showing for the quarter than that ofNYT - 112 words
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311 1986-05-05 10 Reuter WALL STREET stocks edged lower last Friday in a fourth consecutive loss, as rising interest rates and oil prices worried investors. The decline began last Tuesday as profit taking started amid concern over the Soviet nuclear mishap. The Dow Jones Industrial Average declinedReuter - 311 words
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Article141 1986-05-05 10 MAY 0Q AMfei c$ 24* 41 inch br*> O* kit Pro* Pip# lu km 41* 19 43* 22* 17H Kmrr Add IS* 33* Lobtow B 26* inch Bonk Novo Scotia 14* Mauoy F«rg 3* inch Bp Rmoutcm 26 Mc BkxW Mofcon A 32* 27* inch Can knp Bk OX—t*141 words
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Article211 1986-05-05 10 MAY 02 Tnst Bk 145 10 Un S«mI 65 inch Woohru ***** 25 A Afcho Aberrant Aoo 1100 195 1100 -5 inch inch unch Ml MNGS 4150 *****8 1600 6625 25 uidt -15 75 Amoprop AMIC ***** 1540 BuHtb 1210 C G Sn*h itno 2260 CNA 200 rm 4M>211 words
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Article599 1986-05-05 10 MAY 02 us* Alcan Alumn Alcoa ABag Ml ABad Sag AM Stern Ate-Owimari Am Brandt Inc Am Con Co Am CyanomM Am Bac Pot Am Exp raw Am Homo Prod Am Motan Cp Am T«4 T«L Amoi k* Amarodo Ha» Amoco Corp An* Corp Aimco Inc Asorco he599 words
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Article796 1986-05-05 10 Amsterdam MAY 02 HI AIN S6X00 +2 Ataon Ahold 10*50 -3.9 74.00 -0 3 Akxa 162.30 *0.1 Akantu ***** +0 1 AMEV Amro lank Am SMd Bwfcal 7t 70 +0.5 99.70 +0.1 123.00 -2 30 JO -0 5 Buatvman T«t C<*» 670.00 -5 taroda 160.00 -0.2 58A00 -A796 words
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Article53 1986-05-05 10 Reuter BOND CORP bat sold its 1 Mt_ newly-acquired onusn win unit Screen EDtert&ioflMDt Ltd to Cannon Group Inc far a capital profit of £50 million in lea than a week. Screen Entertainment was sold Cor about £175 million in cash and Cannon shares, chairman Alan BondReuter - 53 words
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Page 10 Advertisements
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Advertisement380 1986-05-05 10 fa WMft id wim. Mm ms& AT THE BAR, GOOD TIMES ARE A-ROLLING With a musical programme of oldies, goldies. hits from the 20 sto the 80 s and more Plus a music quiz every Thursday with lots of prizes to be won A And to make it all go380 words
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Advertisement93 1986-05-05 10 ?@@$@`%!}'>@`;&~+(_&('${;{||\<? PERFECT COMBINATION GOOD MUSIC AND GOOD WINE. GOOD FRIENDS AND LAUGHTER. YOU AND YOURS AT THE LOUNGE nraaniAßlF DAISY. MANUEIXA AND EMMANUEL. WITH CHART TOITEKS, OUXES AND BOCK "N ROLL, PUT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OUT ENTERTAINMENT: Man— Thurt: Bpm to 1 am. Fn, Sat93 words
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RAW MATERIALS
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Article27 1986-05-05 11 KL TIN Dot* Closing pricM M$/kg Turnover (tomws) April 28 14.61 73 April 29 14.57 140 April 30 14.59 64 May 1 Closed May 2 14.55 6127 words
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Article174 1986-05-05 11 Reuter WHEAT FUTURES on Friday gave back more of the gains made earlier this week and closed one to 13-1/2 US cents a bushel lower oo the Chicago Board of Trade. July ended near the bottom of a nine cent range. Trading was not as active as earlier inReuter - 174 words
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Article195 1986-05-05 11 Reuter SOYBEAN FUTURES on Friday ranged tram 3-1/2 US cents a bushel higher in spot May to off 5-1/2 cents in new crop November at the close on the Chicago Board of Trade. November ended near the bottom of a seven cent range. Price action largely reflected diminished concernReuter - 195 words
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314 1986-05-05 11 AFP LEADING rubber-produc-ing countries begin talks with major trade partners in Geneva today on renegotiating the 1979 international agreement that controls prices in the world rubber market. The three-week conference, under the auspices of the United Nations Conference on Trade and Development (Unctad),AFP - 314 words
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Article238 1986-05-05 11 Holiday, Cutler Bath THE RECENT steadiness on the Singapore and Malaysian markets were maintained, with the accent on nearby, as the outgoing May position, after a softer start, finished the period 10 cents higher at 170 (S) cents, although turnover remained thin. Physicals continued tight and to be tradedHoliday,; Cutler & Bath - 238 words
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Article537 1986-05-05 11 SUGAR moved up sharply last week to test its recent highest levels since late 1983 on m»iniy speculative activity prompted by the Soviet nuclear reactor disaster at Chernobyl. This was the only bright feature in otherwise dull trading conditions in the run-up to the Tokyo537 words
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Article534 1986-05-05 11 COFFEE TRADING in robust* futures was quiet on Friday, with slack physicals and lack of positive developments at the International Coflee Organisation Council session inhibiting interest. Physicals continued quiet, after the May Day holiday in Europe on Thursday. July traded last at £2,265 on Friday, unchanged from Thursday,534 words
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Page 11 Advertisements
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Advertisement142 1986-05-05 11 ii WSie*«'to wlae, iine aai estferiaia For delighlftddinners 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 a variety of142 words
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Advertisement149 1986-05-05 11 -J > v <*. > ritiji/«/?: i -»A.' -jt ■> 'f" '.r.-J"'C. \lSB>> "V* 'A S <j ./V ifev *Vi •V- it* (®MU Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00 10%149 words
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Advertisement149 1986-05-05 11 0< '/V 1 i. i a ■i-i'i J n "V Tk. "fc. f a a*! SPECIAL FEATURES: Dally Buffet Breakfast $11.50-* Daily Set Lunch $12++ Sunday Family Buffet Lunch Aduh $14~ Child SlO.OO~ Teochew Porridge $8.00 (Nett) Every Fri Sat, (11pm to 3 am) LEVEL 4, Paramount Hotat, Marin* Panda149 words
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Advertisement167 1986-05-05 11 MAGICALLY HYATT I+l=l 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable daily at Scott's The Lounge Chinoiserie (Members and hotel guests only) 5.00 PM 7.30 PM 6.30167 words
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Advertisement230 1986-05-05 11 Y? w vm. /A n f Ik rr^^TK^TTt JAPANESE RESTAURANT HOSMQAOKA SARYO 2nd Floor, ApoNo Hotel, Havetock/ Outram Roads. Singapore 0316 Tel: *****81 Ext. 925 1 1 $128++ (For 8 persons) PEKING DUCK Set Menu Salted prawna Fried mushrooms In egg white Sliced Peking duck Minced meet chicken wrapped with230 words
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BANKING AND FINANCE
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Article96 1986-05-05 12 Reuter SALOMON BROTHERS chief economist Henry Kaufman has said that he would not be surprised to see the dollar fall to a 150 to 165 yen range, hut he gave no time frame. "The dollar is likely to fall to around 2.00 to 2.10 marksReuter - 96 words
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Article214 1986-05-05 12 Reuter THE SOVIET UNION has increased the size of a huge inter--7 national loan it is raising in the West but banking officials involved said the increase was not linked to the nuclear disaster at Chernobyl. The Luxembourg subsidiary of Dresdner Rank, West Germany'sReuter - 214 words
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599 1986-05-05 12 Opposition likely to come from clearing banks Reuter THE FIVE major US government bond brokers have begun informally discussing a costcutting plan that would sharply reduce the number of daily bond transactions. Bond market sources say that the plan, a so-called "netting"Reuter - 599 words
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271 1986-05-05 12 Reuter THE CURRENT LETHARGY in foreign exchange markets is expected to continue until after the Tokyo economic summit in spite of diminishing expectations of clear guidance from the talks about the future path of the dollar. They said lastReuter - 271 words
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Article174 1986-05-05 12 Reuter BRITAIN'S gold and currency reserves showed an underlying rise of US$264 million in April after a $278 million increase in February. The UK Treasury said the underlying movement was net of new borrowings and repayment and was regarded by the market as anReuter - 174 words
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Article210 1986-05-05 12 AP INTEREST on some loans had been cut to 7 per cent a year from 7.87 per cent, the International Monetary Fund announced on Friday. The reduction will be applied retroactively as of Nov I, 1985. An IMF spokesman declined to say how much lendingAP - 210 words
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414 1986-05-05 12 Reuter THE FEDERAL RESERVE could be preparing to embark on a more cautious approach In its provisions of reserves to the US hanlring system. "The Fed looks like It Is being a little bit stingier than before the last discountReuter - 414 words
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Article131 1986-05-05 12 Reuter THE FRENCH government could be forced to devalue the franc again if price deregulation led to an upturn in inflation, Prime Minister Jacques Chirac said. Mr Chirac, visiting a Paris trade fair on Friday, reaffirmed government plans to abolish all existing price controls byReuter - 131 words
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MONEY AND EXCHANGES
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Article318 1986-05-05 12 Green Collier BOTH D-MARK and yen futures ended lower in relatively light trading sessions last week. Over the week, June D-mark shed 99 ticks to settle at U550.4543. June yen gave up 60 ticks at a settlement price of U550.*****3. Currency traders will focusGreen & Collier - 318 words
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Article26 1986-05-05 12 The range of col rotes for ♦he week ended Fridoy, May 2 So* fend 4.5—5.25 Gwwd fwwd 4.9—5.125 2016 Source: Short Deposits (M) Bhd26 words
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Article, Illustration438 1986-05-05 12 PUt of banks at tka doM of busman on Friday, May 2 as sappiiad by tka Association of Bonks in Siwyoport. Mute On mrap tt In te*s BANK PLI Algemene Bank 7*4 American Express Bank Am'Dam R'tefdom Bank 7*4 Arab Bankng Corp 8 Arab Bank Ltd 8438 words
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Article282 1986-05-05 12 National Discount Co THE LOCAL money market condition was firmer last week. Overnight rate was traded above the 5 per cent level in an otherwise uneventful week. Market operators attributed the tighter money market condition to month-end cash holding factor and the psychological impact of aNational Discount Co - 282 words
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Article230 1986-05-05 12 Asian ASIAN currency average deposit rotes for the w. tek ended May 2 MO PttC£S Mtffc Low US 7 days 7 1/16 7 1 month 6 15/16 6 7/8 2 months 6 7/8 6 13/16 3 months 6 7/8 6 3/4 6 months 6 7/8 6 3/4 9 months 6230 words
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Page 12 Advertisements
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Advertisement291 1986-05-05 12 (Puiaut to Seettaa M) At an Extraordinary General Meeting of the Members of TRANS-ORIENT RESOURCEB PTE LIMITED duly convened and held at 11 Collyer Quay #19-00, The Arcade, Singapore 0104 on Wednesday, 30 April 1986 at 3.00 p.m., the following resolutions were duly passed: SPECIAL RESOLUTION LIQUIDATION OP COMPANY THAT291 words
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Advertisement280 1986-05-05 12 WMtav-up (Parma* to gerttoa 99) At an Extraordinary General Meeting of the Members of SUverlder Holding Pte Ltd duly convened and held at 11 Collyer Quay #19-00, The Arcade, Singapore 0104 on Wednesday, 30 April IMS at 3.30 p.m., the following resolutions were duly passed: SPECIAL RESOLUTION Liquidation Of Company280 words
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Advertisement287 1986-05-05 12 F9P la Uw Matter at SOUNITEC PTE. LTD. MKMkifti Memkera'Valaatary «Mhrv P (Paraaaat ta Seettaa M) At an Extraordinary General Meeting of the Members of SOUNITEC PTE. LTD. duly convened and held at 11 Collyer Quay #19-00, The Arcade, Singapore 0104 on 30 April 1986 at 4.00 p.m., the following287 words
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Advertisement315 1986-05-05 12 THE COMPANIES ACT, CAP. 1» AMD At an Extraordinary General Meeting of CONBOLIDATORB L WAREHOUSING (SINGAPORE) PTE LTD held at 36 Robinson Road #07-4)1, City House, Singapore 0106 on the 28th day of April 1986 at 11.00 am, the following Special Resolutions were passed:(a) "THAT Consolldators k Warehousing (Singapore) Pte315 words
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Advertisement258 1986-05-05 12 V i.7V i i 1 SDWATOU (PR) LTD (IN VOLUNTABY LIQUIDATION) At an extraordinary general meeting of the company held at 156 Cecil Street #07-02 Far Eastern Bank Building, Singapore 0106 on 30th April 1986 the following special Resolutions were duly passed:1. That the company be wound up voluntarily pursuant258 words
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Advertisement186 1986-05-05 12 GSMKBa (MEMBERS' VOLUNTARY LJQUIDAnON) NOTICE Or FTNAL MEETING NOTICE IS HEREBY OIVEN that pursuant to Section 308 of the Companies Act (Chapter 185) that a Pinal General Meeting of the members of the abovenamed Company will be held at the office of the Liquidators, 886 Mountbatten Road #06-20 Singapore 1543186 words
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Advertisement0 1986-05-05 12 >;)/<<%^!\@;;]!<!%`)[($|&."*+^,0 words
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MARKET REVIEWS
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Article, Illustration5238 1986-05-05 13 LORETTA McLAUGHLAN - H—- By LORETTA McLAUGHLAN MAYBE IT WAS the prospect of a holiday in the middle of the week or maybe investors' attention was diverted to Hongkong. But last week the Singapore stockmarket couldn't decide which way to go. The three trading days before the May Day5,238 words
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327 1986-05-05 13 ww f ruul London j AP AFP SHARE PRICES ended firmer on balance last week on the London Stock Exchange, despite having suffered one of their biggest falls ever in the wake of Wall Street's record slump at mid-week and Prudential Corporation's massive £357AP; AFP - 327 words
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Article793 1986-05-05 13 JULIANA TAY - compiled by JULIANA TAY Week ended May 2 SCRIP ISSUES Utd Plantations: Bonus issue of one-for-five. CORPORATE DEVELOPMENTS The Stock Exchonge of Singapore has waived the 25 per cent levy on arbitrage, profits imposed smce Dec 5. The waiver was backdated to April 21. Ambassador793 words
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1129 1986-05-05 14 Analysts still not prepared to write off market's bullishness IV J New York y FT A FORTNIGHT AGO, the US credit markets had their biggest shakeout in a long time as bond prices slumped. Last week, equities have had their turn and whilstFT - 1,129 words
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441 1986-05-05 14 fltj] Tokyo AFP THE 225-blue chip Nikkei Average hit a new high on Friday for the first time in about a month at 15,868.44 yen for a 178.56-yen weekly gain. But the TSE index of all common stocks suffered a 1.37point weeklyAFP - 441 words
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305 1986-05-05 14 BCI THE Milan sharemarket took a pause (or breath last week and a more reflective attitude made its way through investors willing to cash in some of the gains made so tar. As a result, the BCI All-Share Index closed the week 0.2BCI - 305 words
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754 1986-05-05 14 TONY MEASOR - n L I Hongkong y By TONY MEASOR THE CATHAY PACIFIC flotation raised the incredible sum of HK$5l billion for the 230,000 shares left available for the general public. This represented an oversubscription of 56 times and burdens the promoters with the awesome task754 words
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238 1986-05-05 14 m r Sydney di i A Reuter AUSTRALIAN sharemarkets closed at record levels last week as strong demand for industrial stocks offset lacklustre performances from major resource issues. The All Ordinaries Index finished the week 13.9 points higher at a record 1224 2,Reuter - 238 words
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275 1986-05-05 14 m At Zurich CSZ AFTER HITTING an all-time peak of 544.3 a week ago on Tuesday, the Credit Suisse Index dropped 20 points over the next two days, and then picked up 15 on Friday. The major factors behind the partial recovery were the goodsCSZ - 275 words
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541 1986-05-05 14 K.Lumpur iLIJ 4 THERE WAS LITTLE buying interest on the Kuala Lumpur stock market last week and share prices closed predictably lower as lethargy prevailed for the greater part of the week. A slight rebound was noted on Tuesday on technical reasons, but541 words
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Page 14 Advertisements
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Advertisement355 1986-05-05 14 NOTICE IS HEREBY GIVEN that, I Lau Lee Lee of Blk. 105, #11-223, Aljunied Crescent, Singapore 1438 have applied for a Retail Beer Shop Licence in respect of premises at M/s: Ban Hin Lee Provision Shop, Blk. 326, #01-382, Serangoon Avenue 3, Singapore 1335, and that this application will be355 words
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Advertisement355 1986-05-05 14 NOTICE IS HEREBY GIVEN that, I Lim Choon Seng of Blk. 535 Bedok North St 3 #11-926, Singapore, have applied for a Retail Beer Shop Licence in respect of premises at M/s: Peng Yu Mini Market Blk. 331 Serangoon Ave 3 #01-347, Singapore 1955, and that this application will be355 words
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Advertisement143 1986-05-05 14 Jlk ANA HOTELS SINGAPORE LTD. NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of ANA Hotels Singapore Limited will be held in the Connaught Room, Century Park Sheraton Singapore, Nassim Hill, Singapore 1025, on Tuesday, May 27, 1986 at 11:00 a.m. for the following purposes:143 words
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COMPANY NEWS
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567 1986-05-05 15 CHAN OI CHEE - By CHAN OI CHEE PROSPECTS OF A turnaround remain bleak for Johan Holdings and its 84 per cent-owned subsidiary Jacks International, both of which were crippled with losses in the financial year ended Jan 31, 1986. The diversified KL-based Johan Holdings, which567 words
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Article566 1986-05-05 15 NAJEEB JARHOM - J Ballas, City Sec and Lin at early stages of discussion By NAJEEB JARHOM THREE TROUBLED stockbroking firms are toying with the idea of a merger to enhance their chances of survival. BT understands that very preliminary discussions have been held among the three firms J Ballas566 words
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333 1986-05-05 15 MBT MALAYSIAN STOCKBROKERS have finally given their approval for the setting up of a Msso million lifeboat fund to cater for default within the broking fraternity. The existence of the standby credit facility will help restore confidence to the Kuala Lumpur stock market, accordingMBT - 333 words
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Article, Illustration353 1986-05-05 15 MBT MALAYSIAN AIRLINE System (MAS) is expected to earn Msl67 million from cargo handling during the 1965-86 fiscal year, an increase of 26 per cent, as a result of the additional hauls to London awl the inauguration of services to I/w Angeles. BothMBT - 353 words
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187 1986-05-05 15 THE SENIOR Assistant Registrar of the High Court in Malaysia has directed that an early date be fixed to hear the suit by Datuk Mak Kok against Promet chief executive Datuk Brian Chang. Datuk Mah's application for an early hearing date came187 words
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Article851 1986-05-05 15 LONDON share prices fluctuated to close higher last Friday. The FT 30 Share Index ended 25 points up at 1,382.5 and the FTSE 100 Index closed 29.9 points firmer at 1,652.5. Dealers said trading interest was maintained by a string of hid news both on new and existing851 words
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Page 15 Advertisements
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Advertisement613 1986-05-05 15 Consolidated Statements of Condition December 31, 48 Wall Street, New York, New York, *****, U.S.A. Corporate Information The Bank of New "fork Company, Inc. is a money-center bank holding company providing a wide variety of banking and other financial services to organizations and individuals, primarily in the United States. Its613 words
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Article147 1986-05-05 16 BURMESE MINISTER for Foreign Affairs U Ye Goung arrives this afternoon for a three-day official visit. He will be accompanied by three officials, including the di-rector-general at the foreign ministry, U Thein Han, and assistant director U Thang Tun. The delegation will attend a dinner given147 words
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418 1986-05-05 16 SAID ABDULLAH - By SAID ABDULLAH NTUC Fair Price is shedding another 430 sq m of "excess space" in 10 of its stores spread throughout the island to stay competitive. This space, mostly in the frontal area, will he rented out for various services including key making,418 words
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Article45 1986-05-05 16 Reuter BRITAIN will dismantle ground-to-air missiles installed on Gibraltar during the conflict between the US and Libya because the crisis in the Mediterranean has abated. Defence sources said on Saturday that the missiles would be flown back to Britain this week.Reuter - 45 words
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149 1986-05-05 16 AFP CHINA AIRLINES (CAL) has asked the Hongkong-based Cathay Pacific Airways to negotiate on its behalf with China for the return of its cargo plane which landed at Canton with three crew aboard. CAL public relations director Lin Liang-Chih said yesterday the flag carrierAFP - 149 words
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306 1986-05-05 16 Bernama SABAH MAY SEE the formation of a coalition government after the staggered two-day polling which begins today as none of the contending parties is said to be able to secure a majority that will allow them to set up a government onBernama - 306 words
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Article, Illustration552 1986-05-05 16 JEFFREY TSANG - By JEFFREY TSANG ALL EXPRESSWAYS may be equipped with monitoring systems by the turn of the decade to improve traffic flow. The Public Works Department, which will install a $16 million monitoring system in the Central Expressway's two kmlong tunnels, is studying the552 words
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121 1986-05-05 16 THE SECOND South-South Conference begins in Kuala Lumpur today with the theme "Charting the Way Forward". Chaired by Malaysian Prime Minister Datuk Sri Dr Mahathir Mohammed, the four-day conference will be attended by about 90 academics, businessmen, bureaucrats and politicians from 32 countries, including121 words
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LATE FILE
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Article49 1986-05-05 16 UPI SUSPECTED LEFTIST radicals in Tokyo yesterday fired at least five rockets aimed at the state guest house where Prime Minister Nakasone was playing host to President Reagan and other world leaden but overshot the mark, police said. No damage or rsmialttrs were reported. UPIUPI - 49 words
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Article39 1986-05-05 16 AFP SYRIAN President Hafez Aand has vowed to use his influence to spare Western Europe from further Mideast terrorist attacks. The pledge was made to West German Foreign Minister Hans-Dietrich Genscher last Wednesday. AFPAFP - 39 words
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Article33 1986-05-05 16 AP A MAJORITY of Japanese believe their country has become a world power and should eaercise greater influence on global affairs, according to a poll published last Saturday. APAP - 33 words
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Article38 1986-05-05 16 UPI PHILIPPINE riot police, enforcing President Aquino's get-tough policy against rowdy protesters, yesterday broke up attempts by about 5,000 supporters of ousted ruler Marcos to hold a rally at a Manila park. UPIUPI - 38 words
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45 1986-05-05 16 UPI US AMBASSADOR to Britain, Charles Price, warned yesterday that the US could close all its military bases in the UK, if the Labour Party took power and carried out its promise to remove US nuclear weapons. UPIUPI - 45 words
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30 1986-05-05 16 AP EACH IRAQI family must have five children so that Iraq can oetena its territory, President Saddam Hussein was quoted yesterday as saying. APAP - 30 words
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Page 16 Advertisements
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Advertisement202 1986-05-05 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Ad agencies surprised 2. All sewn up new textile agreement with US 3. Insurance broker directs clients to Republic 4. Credit agency revives scheme to pool information202 words
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Advertisement404 1986-05-05 16 K TIMES CONFERENCES A ivhoii, .■Ar-'-.l'an of T,.HrP-riJ IN CONJUNCTION WITH BUSINESS TIMES Presents GROWTH STRATEGIES FOR RANKS AND FINANCIAL INSTITUTIONS IN THE LATE 1980s 29 30 MAY. 1986 SINGAPORE PROGRAMME Conference Chairman Mr Allen Pathmarajah General Manager The Great Eastern Life Assurance Company Ltd CONFERENCE TOPICS THURSDAY, 29 MAY404 words
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Page 16 Miscellaneous
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Miscellaneous9 1986-05-05 16 mrawmraai Outlook foe todoft Sfcowifi ov#cflfm* *r*ym Hoars of9 words
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SHIPPING TIMES
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329 1986-05-05 17 FT WAH KWONG Shipping and Investment, the troubled Hongkong group that is currently negotiating a rescue plan with its 46 creditors, last Friday revealed losses in 1965, after extraordinary items, of HK52.93 billion (US$376 million). News of the losses, which are mainly due toFT - 329 words
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365 1986-05-05 17 G DURAIRAJ - By G DURAIRAJ THE FAR EASTERN Freight Conference has assured it has no intention of seeking any upwards adjustments in freight rates. Conference director-general Mr Brian Allen said there was no truth whatsoever in speculation in shipping circles that conference members365 words
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331 1986-05-05 17 AFP SOME LIFESAVING equipment from the Soviet cruise liner Mikhail Lermontov was "rusted solid", of poor quality and not in proper working order, a New Zealand report has found. Hand bilge pumps on most of the liner's lifeboats are "rusted solidAFP - 331 words
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143 1986-05-05 17 MR HANS Martens, EDP manager of Maersk Line (S) will address a luncheon talk entitled, "Automating a shipping office". The talk at the Pine Tree Club on May 17 is organised by S C Lim Management Services for the Institute of Chartered Shipbrokers. Mr143 words
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PORTSIDES
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Article44 1986-05-05 17 Reuter THE AUSTRALIAN /Middle East/Gulf Conference said its war risk insurance surcharge will rise to 2.87 per cent from 1.74 per cent, effective May 14. The surcharge applies to freight rates to all Gulf ports except Muttrah (Mina Qaboos). ReuterReuter - 44 words
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Article78 1986-05-05 17 Oana-Bernama THE INDONESIAN government is expected to ratify the 1973 international convention for the prevention of pollution from ships this year. According to the Directorate General of Sea Communication, the convention is aimed at preventing sea pollution from oil, poisonous liquids, ship wastes and others. The MinisterOana-Bernama - 78 words
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Article1202 1986-05-05 18 BUSINESS on the London freight market was sharply curtailed by Thursday's May Day holiday. Sparse grain fixing included a report that Conagra paid US$l9 (2,000 discharge free) to an unspecified May 20-30 loader to work 15,000 tons of wheat from Queensland to Hodeidah. On the Continent, Italgrani fixed1,202 words
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Article, Illustration278 1986-05-05 18 TRANSIT CARGO via the Port of Hamburg chalked up an increase of 12.3 per cent last year to 16.7 million tons. It accounted for nearly one third of Hamburg's total throughput of 59.5 million tons and clearly "illustrates the importance of foreign markets278 words
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Article983 1986-05-05 18 CHINESE BREAKERS are once again making their presence felt In the London secondhand sale and purchase market. Brokers reported that the Chinese last week bought the 20,000-llght ton Aghia Marino, motor 080 carrier built 1967, for about US$l22 per light ton. The Chinese also paid $122.75 per983 words
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Article847 1986-05-05 18 AB Shpg V 5 Heung-A VI 3 Accord Shpg VI 3 Hinode Kisen VW 1 Afea Line VI 3 Hoegh Lines VI 4/5 Ahrenkiel Liner X 1 Hoegh-Ugland VI 4/5 AC Toepfer X 5 Hsing Wen VI 2 Anro Service IV 3/4 Hungarian Shpg V 3 Arrow847 words
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137 1986-05-05 18 THE PORT of Felixstowe handled a record 518,443 boxes last year— the first UK part to exceed the half million mark. Last year's throughput was 4.5 per cent higher than that of 1984 during which the port handled 495,827 containers. It is the 14th consecutive137 words
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214 1986-05-05 19 EUROPEAN LINER shipping groups have (ailed to adapt to the economic crisis and aggressive outsider competition, charged Mr Henk Rootliep, a board member of Nedlloyd. He added that had European companies and consortia been more aggressive there would have been "less room for214 words
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310 1986-05-05 19 TWO LEADING American owners have reported losses in the opening quarter of 1986 because of dismal freight rates. American President Companies, parent of American President Lines, incurred a US$lO.l million loss In the first quarter while SeaLand Services reported310 words
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362 1986-05-05 19 Lloyd's List THERE ARE GROWING fears that the steadily rising value of the Yen will play havoc with Japanese car carrier operators and force large numbers of ships into lay-up. Toyota and Nissan are already said to be reviewing theirLloyd's List - 362 words
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Article93 1986-05-05 19 QUAY SPACE at the Port of Fujairah has been virtually doubled to meet an upsurge in traffic. During 1985, the number of ships using the United Arab Emirates port rose to 477, compared with 339 the previous year. Container traffic rose to 133,385 TEUs, a 5393 words
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Article129 1986-05-05 19 Reuter AT LEAST 197 ships have been attacked in the Gulf in the five years since Iran and Iraq began hitting merchant shipping, Lloyds of London Intelligence Department said. The Saudi Arabian Tanker Al-Salaniya, which was attacked by Iranian aircraft, was the latest named vesselReuter - 129 words
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190 1986-05-05 19 JAPANESE automaker Honda will rely more on chartered tonnages to ship its sporty, expensive new sedans to the Unites States this year. Honda had initially planned to ship 40 per cent of its 50,000 Legends and Integras to the US this190 words
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Article186 1986-05-05 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.186 words
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Article110 1986-05-05 19 AP A DOZEN MARITIME safety patrol boats rushed to rescue a fresh fish freighter spilling oil from a 10-ton tank into the Seto inland sea, a Japanese agency said. At around 11:00 pm (1400 GMT) Friday, the No 37 Toxoid Maru began leaking engine oilAP - 110 words
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Article3726 1986-05-05 20 aanaap&B 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 at3,726 words
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Article791 1986-05-05 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 Lars Maersk 8606 05.5.86 2330 Maersk F5 1430-1530/1330-1430 A1/B1 1230-1339 F1 A Nebraska 6 05.5.86 2130 US Lines F7 1230-1330 SI OC Legend 2 05.5.86791 words
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Article339 1986-05-05 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Auby K25 SSPL alongside 05.5/1100 Koto Angkasa K30 P1L alongside 05.5/0600 Xin Cheng K35 Y Fung alongside 05.5/2300 Bangiar Swop K18 Unipac 05.5/1600 06.5/0600 Bharatendu K17 R Juma 05.5/0900 05.5/1900 Equator 5 K23 T Soon 05.5/0700 06.5/0700 Koto339 words
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Page 17 Advertisements
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Advertisement646 1986-05-05 17 IP S«ct tS A hard look 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 THE BOOKSHOP OOCL (MptOvbqhs CtUeim* Line mm ammt agences (Reg n» mm/ oot) 70 Shenton Way #04-03 Marin House Singapore646 words
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Advertisement63 1986-05-05 17 OGBQBB TRANSIT CARGO vio the Port of Hamburg chalked up an increase of 12.3 per cent last year to 16.7 million tons. P«g« II TWO LEADING American owners have reported losses in the opening quarter of 1986 because of dismal freight rates. P«g« 111 Index to advertisers II Shipping Schedules63 words
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Advertisement974 1986-05-05 17 IN SINGAPORE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING MALAYSIA. 755-8955 MAERSK LINE •1 Voy S por« EXPORT TO USA. EUROPE. EAST. WEST AFRICA A ASM "l»n CMa| Tan CT 5/5 1500 MB CFS 1/5 2300 MB US Gul! Ui M/ 5 M/ 5 15-15/5 1616/5 22-22/5 23-71/5 7*25/5 3*31/5 5-5/t M/(974 words
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Page 18 Advertisements
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Advertisement375 1986-05-05 18 > i n YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Pacific South West Feeder at Kao Pacific North West Feeder at Kao Atlantic/Canada Feeder at Kobe I ii*~a PM I'tM IT!~vT IM I'll I t. V V-hM T PTMI77TM ithhb i.i, ■ni i EM EM b7JB FMILJJB mjim IW fT*TM EM F/M KTiWM'375 words
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Advertisement217 1986-05-05 18 HIT ARRIVALS BAftKR TOMSK RG 27 ft wrajii a»i-r if w jsjj 13 i 121V5 14/5 29/5 19-22/5 25/5 2/1 M t 7/4 r.u*j;n] 12/4 W* /4 1/7 /7 12/7 k«f Jj cam Ante. Car*cm. Bnt*etown PM*twri hot ot Sow HamHwi Kingston St Mms. Basse Terre Castnes. fart Fraace. hx*217 words
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Page 19 Advertisements
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Advertisement886 1986-05-05 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHPPMG Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAtNERSHIP SfRVICF TO UK CONTINENT na Kte| 2V5 2V5 11/5 02/0 10/( 12/f 17/ C IS/C 24/0 a/0 01/7 03/7 •9/7 11/7 17/7 ttfl 25/7 17/7 27/5 21/5886 words
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Advertisement380 1986-05-05 19 TO WEST COAST SOUTH AMERICA To USA/Canada Weekly Full Container Service -I mmm P. JOHNSON Vll6 1/5 *921 P. MCtUNiT *159 U/5 P. POKE ¥117 P. HOOVE* *62 P. JOMBON *116 P. UNCOU *33 p. ma wi P. Mnf» *30 31-1/6 |P. GRANT *62 p. Roosevelt m Breakbulk Container Service380 words
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Advertisement228 1986-05-05 19 Franco Belgian Services t ,r iw f r, >h 11, 1.1.in t .1 r r, r n I mm rmm u mn* rrnm r-umm mm m snot sua na 7 h*t) ic Mtr vn* ««hr mura 14 (12 12 Jm 13 Jm «Jm Wtm mkm It km a TOKTO nun228 words
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Page 20 Advertisements
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Advertisement347 1986-05-05 20 f. Hapag-Lloyd TO CONTINENT, UK EXPORTS Mm 4 hwiifi I* Maid destinations in Empt S'pwt Kilnhmi 5/5 11/5 11/4 11/5 15/5 17/5 12/S 15/1 a/4 a/4 a/4 17/* l/t 11/t 11/4 15/7 14/7 13/7 1/7 FROM N CONTINENT 8, UK IMPORTS T*a U»nu 11/5 12/5 11/5 15/5 14/5 l/t 11/4347 words
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Advertisement84 1986-05-05 20 JtC.S.LINE KiMfi FULLY CONTAINERISED SERVICE 10 FIJROPF VIA SUfTI 01 fROM {(IROPf VIA SUfZ fl Member ot thp Ace Consortium fllll' OONTAINf RISFD 10 IRtM NORTH AMI RICA AfSl COA r ,I CONVENTIONAL SERVICE TO IRAN/PERSIAN GULE LOAOMG FOR CROW? MARINE CO (PTE) LTD TEL: 22Z7SM, (7 UnM) BUB-AOENTB: 7t230M/P*nang84 words
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Advertisement1474 1986-05-05 20 n EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) GOME no at no fia an f«a tnm no aw f\a aria also acopimi i) mnu. 12/5 11/5 IVS 21/5 ivs nn 2/1 VI M M/l M/l 17/1 ■u w ob no on cm k hi mkri n mi hp 15/51,474 words
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Advertisement198 1986-05-05 20 Vi mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES n KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STOK PKdmc Lm** Occam C«mr 10/5 L*. rJhrwby. AMau. Rabaul. Kieta. Kyowa Cmm 7/6 layapura, Wcwak, Mate* Lac. P .Moresby. Honiara. Kieta, tabai I SUN UNION LINE KARACHI SERVICE TIITAIYO198 words
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Page 21 Advertisements
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Advertisement684 1986-05-05 21 onii rmu liraiu, munaay, nwy 9, i?oo PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT OOWA KOTA SING A SIN JKT SBY SIN HKO KAO *TCM KEE BUS 'HUB *MTC VOK KOB KEE Saited Bmm Saited Bated Baited Swted684 words
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Advertisement862 1986-05-05 21 BEN LINE CONTAINERS EXPRESS COMAKER SERVICE TO UR/CONTICNT 21/5 75/5 31/5 I/C 11/ l 11/6 17/1 11/t 24/1 n/t 1/7 2/7 »/7 li/7 17/7 IS/7 25/7 it/7 2/1 VI BTIAWN ROAN NAME 27/5 21/5 »/5 I/* 4/1 VI 11/ l 14/1 11/ l n/t 2i/i »/c 27/1 21/1 »/i 4/7862 words
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Advertisement471 1986-05-05 21 DJASAGETRI A Joint Europe Sorvlea Of: P.T. DJAKARTA LLOYI P.T. OESVM LLOYD P.T. SAMHKRA IMMBIA P.T. HKODA LLOYD "express semi containership services SINGAPORE TO EUROPE I.J BONTANC' n-m OCEAN PRIM U m •1 ttSSEI A'4am/R'dan 13/0 9/« 13/0 S par* Gmm Rfeaa It HavraL* Mm/MmMvi 6ANDA BHAKTT Vl5-RB 4-7/4 5/7471 words
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Advertisement319 1986-05-05 21 BOUSTEAD SHIPPING AGENCIES BIIMM FIVE STAR P)|M V9SN Htoneywa V/ 211 Paan V9SN V 4 (Burmese National Line) Loadhf for Ranfoon Spore PJ(4ai| Nm 11/11 Mar (P. G*taf) 5/10 kbr (P. GMtonc) 25/27 May BANK LINE HKKMM VIM TMMITN SAMOA *7 arman vim NYBMK VIM SOUTIMMCrROI avmaM vm fOITNMM VICS319 words
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Page 22 Advertisements
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Advertisement1040 1986-05-05 22 \.K line KAWASAKI KISEN KAISHA, LTD. USA CANADA OCEAN LEGEND *2 MARIA *10/0 PATRIOT *29 CJ PARIS *4E/0. PATRIOT *29 N MX V 2 PACIFIC COAST Ttw World B«rvic«) PACIFIC SOUTH WEST MOMR VSI T/S PORT LA/IB Oft FEEDER *S1 SP PK PN SP MOTWR VSI 1 T/S PONT LA/LB1,040 words
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Advertisement621 1986-05-05 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Accepting FCL/FCL 4 Smfrort PUm| Ptnani "WRMiomr 5 itr "UURRS" I Mr nil. wwur 13 Mr 'IMAS" 14 My "CM.AIM" IS 1] tSTrarru' »Mr n Mr IbewCGMi/NMi/CMcalU ROM SERVICE Accepting FCL Container* and Conventionei Cargo Pma«l Lotdmt Mr USA ATLANTIC/EAST CANADA SERVICE Accepting621 words
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Advertisement470 1986-05-05 22 G€ GOLDEN LINE GUAM GUAN SMPPMG (PTE) LTD 23, t«te kfm Sfcwl OKVOH 1104 TIL S)UM <M IMS) SntAfTS/POtSMN GULF SERVICE: PW 5* 60UCN HMO Cot Mite KjrKta/BoMtaT/Mw 25/20 a* 11/5 14/5 DOC U/5 17/5 «M*ki ret en* ***< 22/5 121/5 4/6 QUAN QUAH BWPPMQ SON. BHD. P. KELAHG Tet470 words
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Advertisement248 1986-05-05 22 INTRASEA (PTE) LTD 10 Anscr O 02 7 16 ln*e rr ,n 1 S O'JO 7 Te> 2/4651 <1 L ,rf>s o BREAKBULK SERVICE TO EUROPE7UK 'Jut n PHILITRON SHIPPING AGENCIES PTE LTD TEL (8 LINES) TELfc X RS ?8;?0 PHILI rariatFa |m wan ran i/i w% w/J wi.a/% m248 words
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Page 23 Advertisements
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Advertisement640 1986-05-05 23 sW NEPTUH MOCKS PH. LID. —IX. 7 Mh*i' tmm as noun 27*977ff«/wi i«/w \V Vl f H H *****77 *****22 *****53 OR OKCT UMS ******3 27R5742 X IklV ll ll*. HMPa UNA SON. WD. »>" H B HMPEX MM SON. WD. *»"•> B p b *£i \NEPTUNE ORIENT LINE iSrSsl-.JI.640 words
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Advertisement273 1986-05-05 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON NIPTIJNI AGLNCIIS PTI III) IH Bnofctngsi ??\?o?? ((Vutinmi .'?o9.'*4 ll»rnwijl) P;O?SOA ice Ml! (•-.11 II.INIS (UNAS SI ll* SDN BHD I tfl PK M IfiISM PIN IH ih'i/S if. T a r "n Mtflli N SHIPPING273 words
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Advertisement537 1986-05-05 23 ff SINSOV SINGAPORE SO VET SHPPMG CO PRIVATE LTD SVtSOV BULOMG 55, Market Stmt Seaport 0104 Till plum IMm *****33 (15 Um) Cable Address SMSOV SMGAPORE Telei Nunbers RS ***** RS ***** RS 2510S P KELAM PEMMM M/S SHMKAT MM SOOH M. BM. IST AND 2ND FLOOR. ICSSRS NM THOM537 words
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Page 24 Advertisements
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Advertisement340 1986-05-05 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSEL IE2QEH3 ■EEDEEEEI IdEIEIISI HLkM FT7T7H M\i ITMrTM ■winnn ira..»iryrei C321EE21 EESEZSI E33EE2I inn "ingrci cm Sa(/SM 110-11/5 11/5 rrr^ m* BNUM 37N Tta/Fri 115-16/5 S*t/S«i 117-18/5 l«/ 5 20-21/5 Tta/Fri 122-23/5 Sat/San 24-25/5 TO SOUTH THAILAND cm nn ■77T1 rrm340 words
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Page 24 Miscellaneous
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Miscellaneous177 1986-05-05 24 i 'A Regional Weather 1 U o* o-A V 51 y JS 7 A S3 Xr c*V SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: cf* Wind directton with speed in knots Wove height R Thunderstorm Temperature c /X X Weather Wind direction with speed m knots177 words
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Page 25 Advertisements
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Advertisement284 1986-05-05 25 Kl i3.1l I il SERVICES TO ETA ETD IWST UMON I 12/K bM S<M CALCUTTA umtsuom i k/k u/s i«/s ctg IT* DMMOND 13/K »/S 12/5 CALCUTTA STM GOU) U/K t/5 U/5 MADRAS !W CALCUTTA. BOMBAr COLOMBO. KARACHI ON MHJCEMENT AGENTS: BAYANIHAN SHIPPING PTE LTD T«t *****K Nrm) The RS284 words
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Advertisement118 1986-05-05 25 eQ ETD Span hft LIZENA PTE LTD T«fc ******7, ETA oik nanus ONE EXPRESS U\E INTERNATIONAL TRANSOCEAN (M) SDN. BHD IA 40 1(1 TFSI TRANSOCEAN BONDED TRUCK SERVICE (between Singapore Penang/Kedah) Daily CUSTOMS BONDED TRUCK Service between SINGAPORE and all FTZ A LMW factories in the states of PENANG and118 words
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Advertisement244 1986-05-05 25 GLORY NAVIGATION HLEG3® TAIWAN TO SINGAPORE t ASEAN WRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* fi SELATAN V V-42 Mri taM t selatan nv i 7 m t selatan a»-» 6/5 8/56LORT SLATM V-11l •-33 13/5 12/5 15/5 3 IP yv: k •«Mi •XI 3 liill 3> 332: ABLE244 words
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Page 26 Advertisements
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Advertisement443 1986-05-05 26 fit EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTVCNT TO: EUROPE e In IS. MM S"MK t JtELMS KMRS H* UTk 4/J Hi 1 11/11 12/13 Mij 14/15 HOI IK MR, MP. HULL IK MM. MP, HUU agents: Sunship Agencies Pie Ltd SMGAPOK *****22 FARYS MAftfTIMC SERVICES SOM BHD KUALA LUMPUR:443 words
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Advertisement401 1986-05-05 26 URGENT! ACCEPTING LCL TO EUROPEAN INLAND DESTINATIONS* via ANTWERP VALENCIA, MARIBOR, SALISBURY, BONN, LUXEMBURG, AARHUS, BUDAPEST, MOSCOW, ETC... FREIGHT MMIAGQENT Mil SINGAPORE *****11 (12 UNES) PORT KELANG *****07/S PENANG 36W07/*****4 BANGKOK 2539W4/5 HEAP SIM TRADING 4 SHIPPWC PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MLE TOWER SINGAPORE 0719 TEL NO.401 words
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Advertisement604 1986-05-05 26 C.Y. LINE (A Mtmbtr Of Th« ACE Consortium) CHO YANG SHIPPING GO. LTD FUUT COKTUOttSED SOWCE TO EUtOft (Vtt 912) S pare LaHirva Uaa Frim Kto| Iraa Aalsap a** sus na smi 7/5 »/s 27/5 »/s 31/s 1/1 V( ncAia jiw 14/5 2/c vt vc 7/4 i/t i*/» a TOKYO604 words
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Advertisement768 1986-05-05 26 Everett Lines COMPAMA PERUANA OE VAPOREES (CJ».V.) "PERUVIAN STATE UNE" loadmi to) Calao Mataran k> and a« ottwi Penman parts wtti tramfcpmcnt at I 0* CPV Ttwoafti B*s o« ladwf to tmaf testrntaw mhoerett MURRAYEVERETT THOMASfttJffTT 12/13 May 24/25 Mat 1/7 km 'EVERETT ORIENT UNE' JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING768 words
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Advertisement257 1986-05-05 26 Z I M 12 i H MjUI it Ml Z2AM MjLH 2UH 17 Jl 5.7J1 7.7* 117 Jl 11X7* 15.7 Jl 17.7 M I" 1 (TVS i"ii\ ill I WiJi'i WVl'l HK'i 'M wvi*L 91 COLD STAR LINE NN Colombo/Mombau/ Durban/Maputo 20/ OSAKA MARU Durban/Capetown/P. ESz. 11/ GOLD ORLI Abidjan/Apjpa/Lafos/257 words
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