The Business Times, 19 June 1986
1986-06-19
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The Business Times
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Title Section12 1986-06-19 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, JUNE IS, 198« 75 CENTS12 words
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Article, Illustration703 1986-06-19 1 ALVIN TAY - By ALVIN TAY A TOP OFFICIAL of the Monetary Authority of Singapore last night told bankers in no uncertain terms that their chances of getting approval to expand into non-financial activities were slim. Mr J Y M Pillay, the managing director703 words
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Article, Illustration673 1986-06-19 1 AMY CHEOK - One analyst cautions that rally could be a false dawn By AMY CHEOK BULLS STAMPEDED the Singapore stockmarket yesterday, leaving share prices at their best levels in seven months. The strong buying spree, which was evident right from the opening bell, pushed the widely-watched673 words
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Article107 1986-06-19 1 AP PHILIPPINE President Corazon Aquino's government yesterday approved a new tax policy designed to spur business growth while imposing heavy tax burdens on beer drinkers and cigarette smokers. The package will spare Filipinos living below the poverty line from incometax impositions and benefit traders by abolishingAP - 107 words
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349 1986-06-19 1 AP THE US ECONOMY grew at a moderate annual rate of 2.9 per cent during the first three months of the year, a sharp downward revision from earlier estimates. The US Commerce Department said yesterday that the gross national product performance was only slightlyAP - 349 words
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131 1986-06-19 1 AFP THE KUALA LUMPUR Tin Market has agreed in principle to trade in tin from Indonesia and Thailand and may soon introduce futures trading. Sulaiman Ma nan, the chairman of a KLTM task force looking into a revamp of the market, saidAFP - 131 words
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378 1986-06-19 1 THE ENTRY of the Big Four local banks into the stockbroking business has opened up what was once a closely-guard-ed industry. Their arrival will mean big changes, reports Singapore Business in its latest issue, released this morning. The lead article concludes there378 words
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200 1986-06-19 1 A NEW share portfolio, devoted solely to trustee stocks, has been launched in the financial pages of Singapore Business. The new fund, C P Fin's, was set up on May 2 "to exploit the opportunities made available under the newly-launched Central Provident200 words
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Page 1 Advertisements
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Advertisement156 1986-06-19 1 Ultra. If II change the way you play. ULTRA TOUR 432 UHEmm Sol* Agent: RCHAL SPOttnNG HOUSE Tel. *****55 Get the most competitive rates on fixed deposits and savings accounts at UMBC FIXED DEPOSITS 11; u't .t '<. I' SAVINGS ACCOUNTS per annum Visit or call your nearest branch today156 words
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Advertisement319 1986-06-19 1 Focus on tourism AFTER MORE THAN a year as chairman of the Singapore Tourist Promotion Board, Lim Chin Beng tells BT reporter JAIME LYE that the short-term prospects are looking brighter. See Page 8. But his Credecessor concludes that the board's advertising udget is under pressure, while other experts predict319 words
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Advertisement75 1986-06-19 1 *@&{%{(`'$'$-~+@:!'`/\/_?&!/<!- QNFFU&SUN Friendly connections to Brunei Darussalam. Whatever your business in Brunei Darussalam, we spoil you with the most choice offlights: twice daily at 11.30 am and 9.10pm, plus an additioml flight every Friday at 3pm, and every Sutidayat 11.20pm. Whatever your business in Brunei Darussalam, jgy you 11 discover75 words
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HOME NEWS
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Article486 1986-06-19 2 Difficult to pinpoint why, says MD of Poh Heng BAUBLES AND BANGLES are rivalling gold jewellery in catching a woman's fancy and loosening her purse-strings. Department stores and costume jewellery promoters are reporting increased sales of between 10 and 70 per cent compared with last year.486 words
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351 1986-06-19 2 LIM SOON NEO - By LIM SOON NEO NEW ZEALAND is making a determined effort to woo more Singaporeans and other Asean visitors to the country. The New Zealand Tourist and Publicity (NZTP) office hopes to draw 14 per cent more Singapore visitors to the country351 words
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455 1986-06-19 2 LISA LEE - SIWU'OIU; FESTIVAL «F ARTS w By LISA LEE THE CURTAINS ROSE at the Victoria Theatre and the audience was confronted with what looked like a colourful mop. But when the mop sprouted red arms and started to move in a mesmerising sway, a soft,455 words
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225 1986-06-19 2 SINGAPORE soldiers are finding it harder to "cheat death" these days. The Singapore Armed Forces, which has begun using the Miles (Multiple Integrated Laser Engagement System) Simulation System to bring realism to training exercises, has found the system effective.225 words
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Article67 1986-06-19 2 TRAFFIC along a section of Victoria Street from Cheng Yan Place to Rochor Road will be temporarily diverted southwards for a period of six months with effect from today. This is to facilitate construction of diaphragm walls for the Victoria MRT station. With this temporary67 words
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373 1986-06-19 2 THE HEALTH Ministry has asked Standard Chemicals Corporation to show cause why its licences to deal in sulphuric acid should not be revoked following an accident at the Causeway last week which left 48 people injured and 28 vehicles damaged. On June 10,373 words
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Article217 1986-06-19 2 THE GUINNESS Stout Effort Award this year will go to a 28-year-old technician for his inventiveness and to a 60-year-old crane operator for his bravery. Mr Soon Choon Sen, who invented a special valve that won him a gold award at the World Exhibition of217 words
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Article, Illustration572 1986-06-19 3 Bfflji ft vI#iHIIUCMMOS#~jJt UWw u CAREER WOMEN are now part of Singapore's economy. Lady entrepreneurs are harder to find. The reasons are not clear. It might be fear of being a woman in the man's world of business. It might be traditional' pressure "women572 words
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Article90 1986-06-19 3 lllrfllJ US til $3 o fas o ffefntßfs fib o fas (£<*&£ is]** fOttS'J Link p] *iaiJS#tl«»ttXfts;£ffitt M ttifc "&*«£tT>lk:*; ftfnatu 9t&*r*£&ĕHertspdjJKx ft* ft*lftnfc*flk£3BW:i[ f*sm fi o ttmitm wsttfnwsiftin /ft* o fas *> *> S M3Lfx Jk IF. tt JRJRi» feS&s]Wi}U° «nfc fll o fBS "atrmm^AttttHßfc o s^3' Attftflß# ffeffia««Xfr90 words
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304 1986-06-19 3 THE NUMBER of tourists coming to Singapore will be influenced most by world economic conditions and foreign exchange rates, according to a panel of top executives. The opening of China, which has been widely singled out as a major factor, was surprisingly given304 words
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298 1986-06-19 3 CHUANG PECK MING - By CHUANG PECK MING SINGAPORE, as a tour destination, was most attractive to American and Japanese visitors, according to a study presented yesterday at an international marketing conference. Malaysian visitors, on the other hand, had a less favourable view of Singapore, according to a298 words
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349 1986-06-19 3 AT A TIME when Singapore's tourist market needs every visitor it can get, the Singapore Tourist Promotion Board is facing pressure on its advertising budget, thanks to the very conditions it is trying to counter. The poor performance of the hotel industry will349 words
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Page 2 Advertisements
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Advertisement158 1986-06-19 2 Fly through Terminal British Airways is the only airline to fly from Changi Airport to London Heathrow's brand new Terminal 4, the world's most sophisticated airport terminal. You'll simply fly through Terminal 4. No crowds, no queues, no congestion. And as everything's on one level, there are no lifts, escalators158 words
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Page 3 Advertisements
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Advertisement839 1986-06-19 3 HOW TO PUT THREE CAMERAS, THREE LENSES, FLASHES, DATA-BACKS INTO ONE BRIEFCASE j <>' m ts. 4i Nikon 7TTPB A m Wmm: m 't wmm i V >V> >-•- 5k *o 3« O <v Introducing the All New... One-hand control Sliding the power switch to ON readies the Nikon TWAD.839 words
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ASIA-PACIFIC
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Article407 1986-06-19 4 Overseas investments paying off AFP JAPAN, traditionally in the red in "invisible" trade, is getting ready to turn a profit in this sector thanks to a sharp rise in its investments abroad. According to economic analysts in Tokyo, the signs are already there, with a recordAFP - 407 words
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357 1986-06-19 4 AP PRESIDENT CHUN Doo-Hwan of South Korea has promised to support a Bill that would make it no longer a crime for Koreans to possess foreign cigarettes, a senator from a big US tobacco state has said. According to him, PresidentAP - 357 words
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100 1986-06-19 4 UPI SHANGHAI is abolishing its system of elite "key schools" because students forced to attend ordinary public institutions have developed inferiority complexes. According to the China Daily newspaper yesterday, "In the recent past, pupils in ordinary Shanghai schools have developed an inferiority complex, andUPI - 100 words
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217 1986-06-19 4 Reuter SOUTH KOREA has dismissed as a "propaganda ploy" a North Korean proposal for top-level defence talks with the South and the US-led forces of the United Nations Command. North Korean Defence Minister O Jin-U made the proposal recently in letters to hisReuter - 217 words
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349 1986-06-19 4 FT INDIA has secured from its Western aid consortium new financial assistance commitments totalling US$4.5 billion for the current fiscal year 1986/87. This is about 16 per cent higher in US dollar terms than the aid commitments granted by the consortium toFT - 349 words
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Article, Illustration353 1986-06-19 4 Reuter INDONESIA'S new army chief yesterday said Jakarta did not want to threaten anyone and rejected suggestions that his country was a danger to Australian security. In the first comment by the armed forces in Indonesia on this month's Australian defence review,Reuter - 353 words
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168 1986-06-19 4 UPI THIRTY Indonesians will attempt to do absolutely nothing next month to beat a British record for standing still and silent for 13 hours. The national news agency Antara said on Tuesday that 28 participants had already registered for the first-ever silence festival inUPI - 168 words
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Article741 1986-06-19 4 ARRIVALS Operator Service Local From number time MAS MH681 0820 KUL MAS MH81I 0910 PEN MAS MH67I 0920 KUL SIA SQI03 0950 KUL AC AC858 0950 YYZ/LHR/BOM CPA CX710 1015 CGK MAS MH603 1020 KUL RBA B4421 1030 BWN GIA GA960 1100 CGK SIA SQI05 1105 KUL741 words
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Page 4 Advertisements
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Advertisement134 1986-06-19 4 GB Building When less means more. a a Notice the vast, unobstructed space in the floor plan above. Notice the absence of columns and odd, unusable corners. This is a typical floor plan in GB Building. It allows you total creativity in office planning. A rare instance indeed, when less134 words
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Advertisement53 1986-06-19 4 I I II \I I li II I Every Tuesday, Thursday, Saturday and I 1 II I f 1 II \l Sunday. Leaving Changi Airport at I JV yL 1 22:05 hours ond arriving at Heathrow at 07:05 hours the following nnorning. Call Air Canada at *****55 or your Travel53 words
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Page 4 Miscellaneous
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Miscellaneous13 1986-06-19 4 BUT I CAN NO. 10UKAUNIJU5T CALLiOU VB&T/CHUM.SO 'IOVZDNKBi; YOU TO CALL RIGHT MS*OLPBeAN'13 words
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Page 5 Advertisements
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Advertisement601 1986-06-19 5 I I I Commanding a strategic site overlooking panoramic vistas of the harbour and Southern islands, the 40-starey IBM Towers is destined to be a significant development dominating the commercial and business activities of the city one that will allow you to address your business properly. Its location, at one601 words
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REST OF THE WORLD
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Article, Illustration363 1986-06-19 6 Agencies MEXICO'S Finance Minister Jesus Silva Herzog has resigned in what bankers and diplomats say will probably herald a toughening of the country's stance with creditors, whom it owes US$96 billion. They said Mr Silva Herzog's resignation on Tuesday, coming at such aAgencies - 363 words
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345 1986-06-19 6 FT AP THE US Department of Commerce and the Pentagon, in rare harmony over an export control issue, have proposed a liberalisation of export controls with the creation of new "Gold Card" export licences for established reliable customers buying controlled, but non-military, US products. TheFT; AP - 345 words
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327 1986-06-19 6 FT PROTECTIONIST pressures on the world trading system have shown no sign of abating while nations struggle to agree on an agenda for a new round of multilateral trade negotiations. In a confidential report, the secretariat of the General Agreement on Tariffs andFT - 327 words
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311 1986-06-19 6 UPI AMERICAN Treasury Secretary James Baker has said that he does not believe the resignation of Mexico's finance minister will disrupt its efforts to cope with "very difficult" debt problems. "We have a limited amount of information as to the reasons" forUPI - 311 words
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Article164 1986-06-19 6 UPI THE AMERICAN current account deficit, the "bottom line" on international trade, came to U5533.67 billion in the first quarter of 1906, virtually unchanged from the previous quarter's record high, the Commerce Department said. The trade figures, released by the Bureau of Economic Analysis, areUPI - 164 words
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351 1986-06-19 6 Reuter AP FT AFP THE South African government will inject 1.2 billion rand (US$5OO million) into the country's (lagging economy, aimed at producing an annual 3 per cent growth rate over the coming years, according to Finance Minister Barend Du Plessis. Speaking in ParliamentReuter; AP; FT; AFP - 351 words
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237 1986-06-19 6 UPI THE LEADER of the African National Congress guerilla movement has criticised the United States, Britain and West Germany for blocking sanctions against Pretoria and predicted a bloodbath in South Africa. Addressing a 120-nation UN conference on sanctions in Paris onUPI - 237 words
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Page 6 Advertisements
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Advertisement348 1986-06-19 6 I I I tf Business Centre now at j < V'. Sip v-W "3» y ks*- *«fo -v f .A fx#; <-•;, w *V j t*V U K ■T 1 >* as n-'Mf: ¥*r V* fx *< vJir jr.f *r r,.i? II T" 0t 2&Singapore River. The birthplace of Singapore's348 words
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RAW MATERIALS
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Article293 1986-06-19 7 SINGAPORE The market closed higher yesterday with July One RSS buyers quoted at 170.00 cents a kg, up two cents from Tuesday. The morning session gained two cents on some covering of nearby positions in quiet trading. Prices held steady in moderate afternoon trading on continued short-covering, in spite293 words
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Article245 1986-06-19 7 RAS prices in S CMti/kg, FOB in 1 wits NOON CLOSE lliyin r iliytn ScMsre Int 1 RSS Prompt 170.50 I71.50N 170.50 17I.50N Int 1 RSS Ju»y 86 170.00 170.50 170.00 170.50 In* 1 RSS Aug 86 170.25 170.75 170.25 170.75 Int 2 RSS O P. 166245 words
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Article81 1986-06-19 7 (cants/kg, 1-ton polteti) 86 AUGUST 86 (currant month) (forward month) NOON NOON RAS l u>)tt f H jtncn Buyers S>ll<n SSR 20 159.50 161.50N 160.00 162.00N SSR 50 156.50 158 50N 157.00 159.00N MRELB Bwyscs StMsn Bvy«ra Siim SMR CV 219.00 221.00N 220.00 222.00N SMR L 218.0081 words
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Article146 1986-06-19 7 ChhMN Produce Exchange Setters' noon dosing prices on June 18 (SS/100 kg). Coconut oil Boftc FOB 48.00 OW drum FOB 61.00 New drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1165.00 Sarawak White FOB faq NLW 1150.00 Sarawak special black FOB NLW 850.00146 words
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Article65 1986-06-19 7 Bangkok Broken Rice 118 115 (US$/t0MM, FOB) A-l Super A-l Special White Rice C-l Special unq 100% 1st class 245 C-l Ord jynq 100% 2nd class 220 Loonzoin Rice 100% 3rd class 215 100% 1st grode 5% 10% 15% 205 100% 2nd grade 215 200 100% 3rd grode unq65 words
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Article107 1986-06-19 7 TIN PRICE M the Kuk Lampar Tin Market eleaed uehiiged yesterday at Msl4 M per kg, la eeattaaed qaiet trading, •a peralsteat light Malaysia* aad Japueae haying Activity was slaw as mast eperators were sidelined ahead af the aateeme af this week's meetlag hetweea the Ministry af Primary107 words
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Article171 1986-06-19 7 MALAYSIAN crude palm oil prices closed mixed on light covering and lack of buying interest yesterday, as trading remained thin with no fresh factors. Firmer palm oil futures following a higher Chicago soyoil futures close on Tuesday night failed to boost sentiment. June deliveries in the central region171 words
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Article235 1986-06-19 7 SOYBEAN FUTURES on the Chicago Board of Trade rallied sharply after midday on Tuesday on heavy speculative buying and short-covering, but retreated slightly in the final minutes to close V« to TV* US cents a bushel higher. Buying by professional CAD Commodities of at least 8.5 million bushels of235 words
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Article779 1986-06-19 7 COFFEE Robusta futures firmed in afternoon trading on Tuesday when the New York market opened higher than expected and at one stage September showed a net gain of more than £30 before closing about £10 above Monday's close. September closed at £1,820 a tonne after an afternoon peak779 words
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Article226 1986-06-19 7 WHEAT FUTURES on the Chicago Board of Trade rallied with corn and soybean futures prices but sold off late on Tuesday, ending with slight gains in most contracts. Prices closed Vt US cent a bushel lower to IV* cent higher, with July down Vt at U552.42 a bushel. Prices226 words
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Page 7 Advertisements
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Advertisement70 1986-06-19 7 Come to Marlboro Country and experience the spectacular sights k?j»T freedom, adventure and the great outdoors. Discover a frontier land of nigged canyons and spacious skies. This is America, where the hard work and courage of the legendary the Wild Wfest .ML**. vast continent. Tijuana, Anaheim and California. In our70 words
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FEATURES
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Article610 1986-06-19 8 IF A TAXI DRIVER were to be asked by a foreigner, "How's life in Singapore?", the worst possible answer he could give is "Sorry, I'm not allowed to say bad things." It would be wonderful if taxi drivers could all sing praises about Singapore,610 words
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Article, Illustration1234 1986-06-19 8 JAIME LYE - Of late, Singapore's tourist projections reflect a mood of cautious optimism and the man responsible for this is the new chairman of the Singapore Tourist Promotion Board Lim Chin Beng. In an interview with JAIME LYE, the chairman discloses why the short-term outlook for tourism1,234 words
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181 1986-06-19 8 Goh Tiam Lock - letter to the Editor Goh Tiam Lock Dear Sir, Your reader "Concerned" (BT June 11) regarded as "utter nonsense" the suggestion that "the singles problem is a nation's problem" but failed to offer any reasons for her contention. She sounded proud that she would181 words
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Page 8 Advertisements
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Advertisement186 1986-06-19 8 IBS offers a full range of banking services to meet your needs Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan programme that makes it easier for you to own a home Ml Account the fixed deposit scheme with monthly returns 55186 words
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Advertisement18 1986-06-19 8 mJL iL I i a^A Tighten-up your game Let Sevvy Ballesteros show you how In BT every Tuesday.18 words
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Page 8 Miscellaneous
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Miscellaneous673 1986-06-19 8 |BriStc^?«nid)icke2)S P* RM RePROS£NTTS R Cl££< f\ND is P»UOui€.D lb move IN RHN DIReCTIOU 1 r=sg sii.ii -J fcTue clip "we GSTRBLiSWmeMT P»KD ifsj oja ONLY per idu doing?! L**li Rjv/hg lop«? Gp«mes....; (It ,d^ TCOGHIGXDtaa (MBSSKM) CRYPTIC PUZZLE ACROSS 1 Art work in the forces? (6) 7 Producer of673 words
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SPORTS
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428 1986-06-19 9 WALTON MORAIS - By WALTON MORAIS A BID will be made to stage a men's world championship tennis tournament in Singapore in 1968. Australian Sports Marketing, the promoter of the upcoming US$5O,OOO Singapore Women's Open tennis championship, will lay the groundwork for the bid during428 words
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419 1986-06-19 9 AP FRENCH OPEN champion Chris Evert Lloyd, at 31 one of the oldest competitors in the women's singles, will face the youngest player in the main draw at Wimbledon next week when she takes on 14-year-old Mary Joe Fernandez in the openingAP - 419 words
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214 1986-06-19 9 AP TOP-SEEDED Henri Leconte of France and second-seeded Tim Wilkison of the US struggled before winning in the second round of the Bristol Trophy Grand Prix on Tuesday. Leconte, a semi-finalist at the French Open and seeded seventh at Wimbledon, defeatedAP - 214 words
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Article, Illustration579 1986-06-19 9 AP MICHEL PLATTNI led France to a 2-0 victory over defending champion Italy yesterday for a place in the World Cup quarterfinals. West Germany needed a dramatic late goal to overcome tenacious Morocco 1-0 in the other second-round game. France, which had notAP; Photo by JERRY SEH - 579 words
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384 1986-06-19 9 AP BRAZILIAN captain Edinho and his teammates predicted yesterday that fans will be treated to "a great show" of soccer technique when Brazil meets France in the World Cup quarter-fi-nals. The Brazilians watched the broadcast of France's 2-0 elimination of ItalyAP - 384 words
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Page 9 Advertisements
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Advertisement70 1986-06-19 9 WORLDW/DE COUR/ER Changing the way the world works. BT .jM productivity BT, Singapore's biggest business daily has a weekly page devoted to training and development to keep Singapore ahead in the economic race. Every Wednesday, BT brings news of the latest techniques and developments in training, productivity and acquisition of70 words
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Page 9 Miscellaneous
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Miscellaneous1121 1986-06-19 9 THURSDAY FEATURE SPECIAL The Squeeze 10.30pm, Chaniwl 5 Stacy Keach (above) plays police inspector Jim Naboth who loses both his wife Jill and his job to his drinking problem. He undergoes treatment at a London hospital. After he is taken home, his wife's new husband Foreman, a wealthy businessman, bursts1,121 words
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INTERNATIONAL STOCKS
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Article, Illustration475 1986-06-19 10 Reuter GENERAL MOTORS CQRP sees its planned US$3O-million Joint venture for building cars in Egypt as a major step towards e*t*anding activity by the world's biggest carmaker in the Arab world. GM, which will own 30 per'cent of the new GeneralReuter - 475 words
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307 1986-06-19 10 Reuter THE NEW YORK stock market edged lower in moderate trading on Tuesday, as a drop in May US housing starts fanned economic concerns and encouraged profit-taking. Investors needed little encouragement to drop out, with triple expiration of stock index, futures and optionsReuter - 307 words
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Article116 1986-06-19 10 JUNE 17 AbMx c$ 25 43* Imp Oi hco M Prov Bp* lu InH 38* 18* 43* 22* unch Algomo 14* unch Karr Add Lobtow B 15* 13* Bonk Nova Scotio 15* Mau«y F«rg Mc BhxW 3* 37* 1* 29* Moor* Cp 35 18 Norando tn 18* Canpoc Carina116 words
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Article208 1986-06-19 10 JUNE 17 M Tongoot 675 -5 Trv»t Bk -2 MDUSTtlALS Un St—I 55 -5 Wooftru 1200 50 A Alpho 900 Abarcom 215 5 Ml MINGS 1060 10 4385 135 400 10 3975 25 ***** 100 1710 35 1750 unch C G Srrattt TVtt -25 Buffafc 8200 175 CNA 250208 words
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Article546 1986-06-19 10 JUNE 17 US$ Frastona Tea 24* 15* Novwlcr NCR Corp 8* 52* •1* FMC Cp 20* 48 -1* AJcon AJumn 31 Ford Motor 53* NorfoA 88* ABag M ASad Sig 20* 43* Froaport Minrl Fraunouf Cp 17* 45* unch 18* C« n(at 43* Ota Cp 40 ■H Ate-Chaknar» 4* 85546 words
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Article755 1986-06-19 10 Amsterdam JIM 17 Hi ABN ***** -13 Ami 11X30 -OA AMd 90» 41.6 Afcao 170.00 -12 Afranw 192.40 -f 0.5 AMEV SI .90 -0.3 Aim Mi 107 JO -0 4 Am S*od 129.40 -OA 8affc4 37.70 -0.3 hM 865.00 4 15 Mom Tamndt... 182.50 42 C*« 642.00 -3755 words
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Article109 1986-06-19 10 Reuter STATE-OWNED Voest Alpine AG has pulled out of a Joint venture with Japan's Old group to build a mi-cro-chip factory in Austria. A Voest spokesman said: "We decided some months ago that the project did not tit in with our overall concept and have decidedReuter - 109 words
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Page 10 Advertisements
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Advertisement625 1986-06-19 10 ki}/> WMft Id wim 9 Mm mi& eatsertala mm )r.V It could only happen at Hotel Miramar... •..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 from625 words
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Advertisement203 1986-06-19 10 *;^<%]\(`."$!)["^&~`|[?~(*<?'-= Emmmmum m t l ®WNCE HOTEL Managed by Pnncf Hotels Japan Continuing the Prince Hotels tradition of friendly service 270 Orchard Road,Sipore 0923 HCROWN Cable CROWNHOTEI Telex: RS ***** HCROWN Cable: CROWNHOTEL Fax *****18 Tel: *****11 Diary of Food Events! ©kurumaVa 4il lAPANCSC RESTAURANT IT" JUNE Spadalal Hetneken Beer203 words
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ASIAN STOCKS
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Article299 1986-06-19 11 HONGKONG: Share prices closed marginally higher yesterday after a late round of profit-taking erased early gains. The Hang Seng Index finished the half-day session 0.44 higher at 1,789.78, after briefly breaching the 1,800-mark. The Hongkong Index improved 0.39 to 1,114.16. Brokers said resistance emerged as the Hang Seng Index299 words
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Article243 1986-06-19 11 -0.03 -0.3 Kofci 28.60 -0.1 JUNE It Af Srcvt Indus MT f 200 26 10 Kuochan Dav Lm Chang Yuan 23 50 36 60 uneh +0.3 Cothoy Con* Chang Hwo Bank 31 80 45 20 25 50 -02 +0.2 +0.1 Lion H»o Indus Nan Yo Ptos Pocitic Com 1340243 words
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Article495 1986-06-19 11 TOKYO: Share prices gained towards yesterday's close on renewed speculative interest in domestic demand related issues and shares with big assets. The market average rose 101.18 to «nigh at 17,177.07, offsetting the most of Tuesday's 109.71 fall. Turnover increased to 880 million shares from 600 million on Tuesday as495 words
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Article49 1986-06-19 11 Acof* Mining Omnld B Phi Ov«rs«<n (M.x B 0.011 unch 0 013 unch ***** -***** Picop B PLOT 104 -2 Son Miguai B 49.50 -0.5 Banguat Con. B 65 -1 Sane Darby 900 -06 First Phi HMgi 390 0 15 ***** +0 0025 Morcoppar Vulcan 0 0014 unch49 words
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Article325 1986-06-19 11 SYDNEY: Share markets closed generally firmer yesterday, reflecting a strengthening industrial sector, though market leader BHP was weaker. At the close, the All Ordinaries Index had firmed 3.4 points to 1,200.6 and the All Industrials was up six to 1,910.5. The All Resources added 1.4 to 662.6 and the325 words
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Article101 1986-06-19 11 JUNE 18 Won Kangwon Ind K1A Motor 1354 1991 -12 33 CM Sugar Doatm Ind Oa«woo Carp I960 550 1198 1579 849 1608 1244 1820 790 +70 +5 •12 -36 1 -12 +70 -10 50 Koton Ind Korea Loog-T«rm. Lucky Ltd. Onantal Btwtry 2301 932 1455 1450 +81 +22101 words
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Article136 1986-06-19 11 Reuter BANGKOK: The Securities Exchange of Thailand Index dipped 0.31 to 127.37 yesterday. Turnover amounted to 169,583 shares valued at 19.7 million baht. Reuter JUNE It Uh Sermsuk Sum Cement 461 inch Alia Fkra AyiKtvyo hWOWHl. Bangkok AgroM 116 130 28 -2 inch -0 25 Siam Citizens Leoung SiamReuter - 136 words
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Article56 1986-06-19 11 Reuter INDUSTRIAL EQUITY (PACIFIC) Ltd, a Hongkong investment firm, has raised its stake in D H Holmes Co Ltd to 517,428 shares of common stock, or 15.20 per cent of the total outstanding. It said it bought 126,028 shares of Holmes common stock between June 10Reuter - 56 words
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599 1986-06-19 11 Monthly production target met for first time Reuter SHANGHAI Volkswagen Ltd aims to make a profit this year after reaching its monthly production target (or the first time in May. Deputy managing director Martin Posth said the nine-month-old joint venture, owned 50 perReuter - 599 words
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280 1986-06-19 11 Reuter HONGKONG'S government-owned Mass Transit Railway Corp (MTRC) is planning a HK$6OO million floating rate note issue structured to give it fixed rate funds. MTRC's lead manager, Lloyds Asia Ltd, said the five-year deal, termed a fixed interest rate substitute transaction, or FIRST, consistedReuter - 280 words
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Page 11 Advertisements
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Advertisement636 1986-06-19 11 wtm, iitrn mA entertain >) limiu m. Pi m 4 All the Sapporo Beer you call for... during lunch or dinner is on the house! And that goes for any soft drink or sake between April Ist and June 30th. Call 732 1222 ext. 1589 for reservations. See you soon.636 words
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Advertisement127 1986-06-19 11 < $88++ (For 4 persons) ABALONE/LOBSTER S«t Menu Braised whote abalone in oyster llllTft Braised lobster in ch*li sauce e Hot-plate fried chicken Sichuan style Crab meat with Tientsin cabbage e Hot K sour soup e Silver thread roll 10*Mrvfca oharga *3% iwtnmanl tax not included. $188++ (For 10 persons)127 words
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BANKING AND FINANCE
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546 1986-06-19 12 Move not a serious threat to bank deposits Reuter THE OPENING of the door to money market funds denominated in Hongkong dollars will boost the British colony's Merging capital market and bring more competition into its financial system. i Bankers and securities analystsReuter - 546 words
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298 1986-06-19 12 S&N FRANCISCO-BASED Bank df America has announced the formation of a new international division to bring more focused services to its clients outside the SS. The move brings together under one organisation the parent bank's offshore activities previously divided into three separate geographic divisions Asia,298 words
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131 1986-06-19 12 Reuter THE BANK OF JAPAN has announced new set of deposit reserve ratios, effective on July 1, easing commercial &nks' burdens in maintaining inter-est-free deposits at the central bank. Unlike the current three-tier system, which requires banks with large deposit totals toReuter - 131 words
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287 1986-06-19 12 NYT SHARP INCREASES in America's money supply in the last five months are causing a problem for the Federal Reserve Board as it considers a further cut in interest rates. To determine the cause of the rise, the Fed surveyed 50 largeNYT - 287 words
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Article, Illustration401 1986-06-19 12 Reuter CHINA is working out a way to abolish special money which was introduced six years ago for use by foreigners but has become a favourite with the Chinese themselves and the centre of a growing currency black market. Beijing announced in AprilReuter - 401 words
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158 1986-06-19 12 Reuter THE EUROPEAN Investment Bank (EIB), the European Community's long-term financing arm, saw lending rise slightly in the first five months of 1966, EIB president Ernst-Guenther Breeder said. He told EIB governors that aggregate financing from the bank's own resources wasReuter - 158 words
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MONEY AND EXCHANGES
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Article697 1986-06-19 12 SINGAPORE The US dollar closed easier yesterday against most major currencies on local profit-taking and European selling in moderate late trading. The dollar closed lower at 166.55/65 yen compared with New York's 167.90/168.00 close and at 2.2260/75 marks against 2.2375/85. Most operators were cautious ahead of the release697 words
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Article, Illustration131 1986-06-19 12 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/4 point from Tuesday to close at 4-5/8 per cent yesterday. The one, two and threemonth term rates fell by 1/16 point each. Mkates the average o< the prime landni rates of 12 major banks eperatin( in131 words
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Article365 1986-06-19 12 Asian market ASIAN DOLLAR deposit rates closed slightly weaker yesterday compared with Tuesday's levels, in light trading. News of a 7.4 per cent drop in US housing starts for May after a 4 per cent rise in April, caused rates to ease slightly. Fed vice-chairman designate Manuel Johnson's remarks that365 words
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Article358 1986-06-19 12 BA Futures SEPTEMBER Ear«4«Uar opened nine ticks higher yesterday than Tuesday's close at 93.25. Profit-taking activities saw prices slipping to an intra-day support level at 93.23 before rebounding back to the opening level. The September contract to finally settle at the day's high of 93.26. Currency futures opened lowerBA Futures - 358 words
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Article234 1986-06-19 12 Interbank rates at 3pm yesterday: Local dollar* to one umt of 'o f Md Odor c rOM parity currency: US dolor ***** ***** 2 8196 -21 05 Sterling pound ***** 3 3560 7 3469 -54 37 Austrokon dolor 1 5437 1.5466 3 4286 -54 98 NZ dolor 1234 words
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Article260 1986-06-19 12 HONGKONG: The metal closed firmer yesterday in active trading on strong local physical buying interest, which dwarfed overseas profittaking. Bullion ended at U*****.25 55 an ounce compared with New York's U*****.70/337.20 close. On the local market, gold lost HK574.5 to end at HK53,145.50 a tael. Krugerrand shed HK$4 to260 words
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Page 12 Advertisements
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Advertisement327 1986-06-19 12 NOTICES IN THE MATTES OP THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OP HABI FASHION DESIGN PTE. LTD. Nfttw «f RcmJiOm (*r Mcmberi' •Inntary T" T WMiig Up (Pimuurt to htttw 2M) Afi' an Extraordinary (general Meeting of the Mtombers of HARI FASHION DESIGN PTE. LXD- duly convened327 words
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Advertisement326 1986-06-19 12 IN THE MATTER OP THE COMPANIES ACT, CAP. 186 AND ICli M: I '<MJ. F.\ yi IH 'CD i IIJ !H P W MANAGEMENT PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of CHURCHILL MANAGEMENT PTE LTD duly convened and held at 100 Jalan Sultan326 words
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Advertisement341 1986-06-19 12 IN THE MATTES OF THE COMPANIES ACT, CAP. 11l AND IN THE MATTES OF A 1 TOY AND DOLL MCllj J.Xh j lyTr (PTE.) LTD. (IN VOLUNTABY LIQUIDATION) MEMBEBB' VOLUNTABY WINDING-lIP At an Extraordinary General Meeting of A 1 TOY AND DOLL MANUFACTURING (PTE.) LTD. duly convened and held at341 words
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SHARE INFORMATION
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Article, Illustration4198 1986-06-19 13 SHARE PRICES soared across the board in active trading on the Singapore stock market yesterday, pushing both the major market indicators to their highest levels in seven months. By the closing bell, the BT Composite Index had advanced 20.24 points to 630.89 while4,198 words
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Article273 1986-06-19 13 SINGAPORE Nat baa FAN Metro HU| S f H 0 Karaawt Rises 406 42 725 35 244 32 720 20 440 20 398 +20 Indi 8T Ci«p»nt« 8T Micatar 8TO8/OS bt Cadi 8T08V ST Maatnaii cet 5 iaaa 17 WS 610.65 *30S 95*0133 ***** +211 +9 -**15273 words
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Article4067 1986-06-19 13 BID and offer prices officially listed and hwtnw in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".4,067 words
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COMPANY NEWS
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Article, Illustration724 1986-06-19 14 Offer for Stanchart may have to be raised, say analysts Reuter LLOYDS BANK PLC has a strong chance of carrying through its hostile bid for Standard Chartered PLC, though it may yet have to raise its £1.2 billion offer for the international bankingReuter - 724 words
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Article511 1986-06-19 14 THE CURRENT RALLY gathered momentum on the Kuala Lumpur stock market yesterday with share prices soaring across the board. Buyers turned out in force to take prices higher for the third consecutive day. Especially firm were Singapore-based blue chjps. Buying interest spilled over to Malaysian bQie-chips511 words
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Article305 1986-06-19 14 THE FRANCHISE holder for Honda cars in Malaysia, Oriental Holdings Bhd, is seeking to export its locally manufactured products with the support of Japan's Honda Motor Co. This is the latest effort by Oriental to expand its market base. Late last year, the company moved into305 words
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Article2366 1986-06-19 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUS TRIALS Ajinomoto (3986) (10) 300 AMD (3065) Alcorn (775)2,366 words
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Article118 1986-06-19 14 DUNLOP ESTATES Berhad: 19th AGM at 6th Floor, Magnum Plaza (formerly ENE Plaza), 128 Jalan Pudu, Kuala Lumpur, today at 3pm. DATUK KERAMAT Holdings Berhad: 12th AGM at Birch House, 73 Jalan Datuk Keramat, Penang, today at noon. PARAMOUNT CarparatlMi Bhd: 16th AGM at Bilik Suria, 10th Floor,118 words
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Article133 1986-06-19 14 Footnote: 'denotes ex-dividend tdenote» cwn-drvdond MARA-Bumiputra Frvt B'putro 445 4.50 Second B'putro 417 4 22 Th*d B'putro 3 20 3 25 Fourth B'putro 3 55 3 60 Fifth B'putro 2 25 2 30 Sixth B'putro 2 43 2 48 Seventh B'putro (A) 1 45 1.50 Seventh B'putro (B)133 words
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Article105 1986-06-19 14 HONGKONG Hongkong Index Wednesday 1114.16 Tuesday 1113.77 Week ago closed All Industrials Wednesday 1910.5 Tuesday 1904.6 Week ago 1950 9 NEW YORK Hang Seng Index Wednesday 1789.78 Tuesday 1789.34 Week ago closed Dow Jones Tuesday 1865.78 Monday 1871.77 Week ago 1,837.19 TOKYO Nikkei Average Wednesday *****.07 Tuesday *****.89105 words
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Article, Illustration347 1986-06-19 15 RAMESH CHANDIRAMANI - XI ["v eaiMf pita? By RAMESH CHANDIRAMANI THE RESILIENCE of the current stock market rally to profit-taking pressures is simply remarkable. The market's strong showing this week has changed entirely its present technical complexion. In last Saturday's column, I suggested that a347 words
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323 1986-06-19 15 UNITED INDUSTRIAL Corporation is obviously taking advantage of the current market rally to make some capital gain on its investment in United Overseas Land. The diversified group, which is making a bid for Intraco Ltd, said yesterday that it disposed of a323 words
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504 1986-06-19 15 THE JACK CHIA group's Australian unit, Jack Chia (Australia) Ltd, has turned in a net profit of A 5224,000 for the year to March 31, its first result in the black since 1962-83. This compares with a loss of A 52.5 million in 1984-85.504 words
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Article, Illustration677 1986-06-19 15 NAJEEB JARHOM - By NAJEEB JARHOM THE WORLD'S largest tin company, Malaysia Mining Corp, which is exploring all avenues to raise badly needed cash to tide it over the prolonged tin crisis, has finally found a buyer for its 42.9 per cent stake in listed Aokam Tin677 words
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539 1986-06-19 15 MBT AMERICAN Express is retaining its 20 per cent stake in Pacific Bank, the 11th largest bank in Malaysia, after having failed to find a buyer who is prepared to pay its asking price, banking sources said. The askingMBT - 539 words
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Article361 1986-06-19 15 FLORENCE CHONG - By FLORENCE CHONG MALAYSIAN-born entrepreneur Lee Ming Tee is reported to be seeking up to 25 per cent of the equity in the British bank, Standard Chartered. According to a front page story in the Australian Financial Review yesterday, Mr Lee is said to be361 words
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Article854 1986-06-19 15 EQUITY PRICES in London opened mixed in quiet trading yesterday but dealers said the undertone was firm although volume was small. At 10.00 am, the FTSE 100 Share Index was up five points at 1,610.3 and the FT 30 Share Index was 7.1 points higher at 1,333.1. Among854 words
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LATEST RESULTS
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Article77 1986-06-19 15 Group pre-tax profits fell: to M 53.83 million in the half-year" ended March 31, 1986, from $5 J.. million previously on turnover of $13.46 million ($11.56 million). After-tax profits and attribute able to shareholders dropped to $1.92 million from $2.55 million, giving earnings per share of77 words
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Article81 1986-06-19 15 METRO HOLDINGS has told the Stock Exchange of Singapore that its board expects to at least maintain the rate of dividend of one per cent on its enlarged capital following its one-for-10 bonus issue. SPK SENTOSA CORP BHD has announced that its project management agreements with Angsana Sdn81 words
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Page 14 Advertisements
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Advertisement321 1986-06-19 14 IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in staff of business news experts in the world They business. know what you need, while sparing you the unimThey're already reacting to the latest de- portant and the irrelevant. velopments321 words
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Advertisement68 1986-06-19 14 BANK OF INDIA (London Branch) U.S. $20,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE 19TH DECEMBER, 1986 (EXTENDABLE AT CERTIFICATE HOLDER'S OPTION TO DECEMBER, 1988) In accordance with the provisions of the Certificates, notice is hereby given that for the interest period from 19th June, 1986 to 19th68 words
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Page 15 Advertisements
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Advertisement188 1986-06-19 15 m OUB SECURITIES PTE LTD Overseas Union Bank Securities Pte Ltd, the wholly-owned stockbroking subsidiary of the Overseas Union Banking Group, invites applications for:(a) Remisiers (b) Dealers jcj Administration Officer (d) Operations Officer (ej Trainee Officers (a) Remisiers At least three years' experience required. Demonstrated prudence in trading and client188 words
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LATE FILE
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Article46 1986-06-19 16 Bernama ASEAN countries will have permanent representatives based at the secretariat in Jakarta if a proposal by the Asean standing committee is approved by the group's foreign ministers. The proposal was adopted at the standing committee meeting, which ended in Manila yesterday.Bernama - 46 words
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Article52 1986-06-19 16 Reuter US AND TAIWANESE officials failed to reach agreement in Taipei yesterday at the end of two days of trade talks. A US statement said the participants had failed to work out a compromise on the import, pricing and advertising of US beer, wine andReuter - 52 words
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Article38 1986-06-19 16 AFP INDONESIA has decided to purchase eight F-16 warplanes from the US. Indonesian armed forces commander General IB Murdani said yesterday that he expected the jet fighters to be delivered in early 1989.AFP - 38 words
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Article45 1986-06-19 16 AP WANG TAO-YUAN, head of the National Security Council for the past two years, was named Taiwan's Defence Minister yesterday, succeeding Adm. Soong Chang-Chih. Gen. Chiang Wego, younger brother of President Chiang Ching-Kuo, will succeed Wang on the Security Council. APAP - 45 words
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Article57 1986-06-19 16 Reuter THE PHILIPPINE electoral tribunal has asked a commission drafting a new constitution to disallow illiterate people from voting. "Under the 1973 constitution, the requirement of knowing how to read and write to qualify one to vote was eliminated. I want it restored," said RamonReuter - 57 words
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Article, Illustration723 1986-06-19 16 MARGARET THOMAS - Half a million extra visitors a year forecast By MARGARET THOMAS SINGAPORE COULD attract an extra half a million visitors a year and earn $600 million in gaming taxes if it built a casino and world-class entertainment complex, according to a recent submission to723 words
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Article84 1986-06-19 16 Reuter COMEX GOLD FUTURES firmed on buying yesterday morning on news of the resignation of Mexican Finance Minister, which rekindled fears over Mexico's US$96 billion foreign debt. In active dealings, gold for delivery in August rose US$2.4O at U*****.70 an ounce, adding to Tuesday's gain of US$l.BO afterReuter - 84 words
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Article62 1986-06-19 16 Reuter WALL STREET stocks drifted lower yesterday after downward revisions in the first quarter gross national product to 2.9 per cent growth. The Dow Jones Industrial Average lost six points to 1860. Losses led gains five-four on a turnover of 15 million shares. Losses were tempered byReuter - 62 words
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111 1986-06-19 16 AFP INDONESIA will need foreign capital inflows to cope with its economic problems and maintain development, President Suharto said yesterday. At a ceremony for the appointment of eight new ambassadors, the president said, however, that he was confident "Indonesia could safely weather theAFP - 111 words
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587 1986-06-19 16 MARTIN SOONG - By MARTIN SOONG A THAI COMPANY has sounded out Asahi TV Glass on purchases of components for a new television tube assembly project planned for Bangkok. Senior officials of the Thai company, Siam Cement Company, met Asahi TV Glass587 words
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Article, Illustration378 1986-06-19 16 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) is embarking on measures that would equip it to handle its new role of promoting industrial research. For a start, its new general manager, Dr Peter Ong, will begin a fact-find-ing mission next378 words
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Article157 1986-06-19 16 Reuter CHINA wants to join major trade negotiations to open world markets due later this year, taking a hand in such talks for the first time. Trade ministers from General Agreement on Tariffs and Trade countries will meet in Uruguay in September to launchReuter - 157 words
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Page 16 Advertisements
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Advertisement397 1986-06-19 16 -ussns ■■■I V ■>-: =7: H9HP< IN v >£ i r y>7^ ff ISURIYN COUNTER ißearfoot control ACHIILBS DIP Relieves undue pressure {SADDLE Encases the fool to {support medial arch H you're o runner who appreciates a wellcushioned shoe, vou'll be amazed that a shoe J yh this light can397 words
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Advertisement9 1986-06-19 16 Protectionist pressure* show no sign of abating, Paga 69 words
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Advertisement40 1986-06-19 16 LUNCH Spicy, tasty Sotong Sambal, GadoGado, Daging Rendang, Buboh Terigu and more Buffet-style lunch daily at Cafe Fontainebleau! Tontalnelrleau Overflowing milk life'* pleasure* Open 24-hrs TAI-PAN RAMADA* HOTEL 101 Victoria Street Singapore 0718*TeT *****11 Member of the JACK CHIA-MPH GROUP40 words
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Page 16 Miscellaneous
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Miscellaneous53 1986-06-19 16 Outlook for today: Showers over several areas in the late morning. Report for 24 hours prior to 7.30pm on June 18 at the airport: Maximum temperature 28.1 Associated humidity 84 Minimum temperature 22.2 Associated humidity 98 Hours of sunshine 0.00 Rainfall in millimetres 19.2 Rainfall this month 75.0 Rainy days53 words
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SHIPPING TIMES
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277 1986-06-19 17 FT MAJOR LOSSES have cost the international marine insurance business almost US$2.4 billion over the past 14 years, according to a study issued by Swiss Reinsurance Company. In the period 1972-85 there were a total of 98 losses inFT - 277 words
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375 1986-06-19 17 LINDA CHEE - By LINDA CHEE PIRATES RAIDED the container ship Anro Australia as it was entering the eastern entrance to-the Straits of Singapore on Sunday morning. Four masked men armed with knives boarded the 1,500TEU container ship owned by Australian National Line in375 words
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207 1986-06-19 17 Reuter ONE OF FRANCE'S two main shipbuilders, Chantier du Nord et De La Mediterranee (Normed), is filing (or bankruptcy following the new rightwing government's decision to slash subsidies to the loss-making private firm, company sources said. The sources said that Normed, which runs threeReuter - 207 words
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228 1986-06-19 17 Kingsley Wood - Kingsley Wood THE AUSTRALIAN freight forwarder, AFS Freight Management, has begun a new consolidation service between Australia and China. To be known as the Sino-AFS Service, it has been developed in association with the China National Foreign Trade Transport Corporation (Sinotrans) with which AFS228 words
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PORT SIDES
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Article93 1986-06-19 17 Reuter THE BACKLOG OF foreign shipbuilding orders at Japanese yards by end-May fell slightly to 233 ships, totalling 5.99 million gross tons, from 236 ships, totalling six million tonnes, at end-April and 387 ships, totalling 8.73 million tonnes, from a year earlier, the Japan Ship ExportersReuter - 93 words
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Article1224 1986-06-19 18 IRON ORE chartering was slightly more active but other sectors of the freight market were very quiet with little feature evident, shipbrakers said. Iron ore charterers paid $3 from Monrovia to Rotterdam and $2.75 from Ponta Da Maderia to Rotterdam while business from New Mangalore to Japan paid1,224 words
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670 1986-06-19 18 Reuter SAUDI ARABIA and its Gulf Arab allies, jolted by a spate of Iranian attacks on merchant ships, are seeking to bolster protection of their sea lanes vital to oil exports, diplomatic sources said. At the same time some states within theReuter - 670 words
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Article, Illustration280 1986-06-19 18 THE ContChamp, a ram-luff-ing, telescopic boom unit from Sweden's Kalmar LMV is capable of lifting 35 tonnes on a 1.65 m load centre (equivalent to the first row of a container stack) or 18 tonnes at 4.25 m load centre280 words
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Article658 1986-06-19 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL IN 2/3 ASCL III 1 Bolt-Canada Line VII 4/5 Bolt-Orient Line VI 4/5 Bank Line V 5 BBS 1 4/5 Ben Line Cont658 words
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449 1986-06-19 18 A FURORE HAS arisen over a guest invited to celebrations marking the 100 th birthday of the Statue of Liberty a Chilean tall ship that many allege symbolises torture, imprisonment and repression. Congressmen, Senators and human rights groups have449 words
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418 1986-06-19 18 THE PORT OF Oakland is going ahead with the development of an intermodal rail transfer yard freoperations in October this year. The project, which is part of a comprehensive improvement programme aimed at both expanding and enhancing the port's already418 words
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Article188 1986-06-19 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/Straits188 words
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335 1986-06-19 19 Sea trade Week THE UPPER AGE limit of 17 years on new registrations under the Greek (lag has been removed, Greek Marine Minister Stathis Alexandria told a recent press conference in Piraeus. The announcement followed a six-month trial suspension ofSea trade Week - 335 words
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461 1986-06-19 19 Lloyd's List SHIPOWNERS ARE paying US$l5 million or more to reactivate their idle very large and ultra large crude carriers. The value of the vessels is surging ahead so fast, however, that they will quickly be able to absorb their expenses.Lloyd's List - 461 words
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129 1986-06-19 19 DEMAND FOR South Korean manufactured containers has slowed down after a record performance in 1964. Figures released by the Korean Container Industrial Association show that 166,609 TEUs were constructed in 1965, a decline of 27 per cent over the previous year. The low129 words
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216 1986-06-19 19 Kingsley Wood - Kingsley Wood THE NEW ZEALAND Union Shipping Group has completed a major engine transplant for its 20,750dwt ro-ro Union Rotoiti. The Newcastle engineering firm GH Varley replaced the ship's single large gas turbine main engine with three Wartsila diesel electrics which have an216 words
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Article245 1986-06-19 19 Argentina Juna 2 Beunos Aires Waiting tiiqe up to 4 days. Australia Juns 2 Sydney 5 vessels operating; Melbourne Normal operation. Columbia Juna 2 Beunaventura Waiting time of 1 day. Bangladesh Juna 2 Chalna 10 vessels operating; Chittagong 20 vessels operating. Brazil Juna 2 Santos Normal operation. Camaroon245 words
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240 1986-06-19 19 Reuter TWO TOP JAPANESE shipbuilding companies, Mitsui Engineering and Shipbuilding Co Ltd and Nippon Kokan KK, said they are studying the possibility of grouping together to help eliminate excess shipbuilding capacity. No decision has yet been made, a spokesman at MitsuiReuter - 240 words
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Article453 1986-06-19 20 Juno 16-17 Symposium on maritime activities on the St Lawrence River and the role of governments. The symposium is sponsored by the St Lawrence Economic Development Council and to be held in Sept-Iles, Quebec, Canada. Juno 18-20 Workshop on the shipping industry and the protection of the marine453 words
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6820 1986-06-19 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,820 words
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Article727 1986-06-19 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 Kowloon Bay 74/546 19.6.86 1700 Mansfield F1 0700-0800/0800-0900 F2/G2 Chengtu 56S 19.6.86 1600 Straits Shpg F1 0700-0800 U4 Thano Bhum 66N 20.6.86 0930 S'pore Shpg727 words
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Article1682 1986-06-19 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprises fit Ltd Some (S> AB Skipping Bousteod Shpg Agencies Afeo Line Atricoo Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgen cies (Si Multipor» Sdn Bhd (PK)1,682 words
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Article633 1986-06-19 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 19 6/1500 Als Relionceo K18 Kim Shpg olongside Barber K09 Barber alongside 19 6/0600 Kota Ratno K31 PIL alongside 196/0600 Lorch K16 Borneo alongside 19 6/1800 Lin Petalmg K19 Lin Lin olongside 19 6/0600 Seven Arrows K34633 words
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Page 17 Advertisements
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Advertisement728 1986-06-19 17 Concise Comprehensive Contemporary la bJc at a" and OOCL Orient Oveiqeas Centum* Line STRAITS EUROPE EXPRESS SERVICF lARDOK SHTffK AGENCCS (let No. 242*4/ OK) 70 Shenton Way #04 03 Manna House SmfJpore 0207 Tel *****11 TELEX NO RS ***** CFS Off ICE IPC #03-029 TO *****31 and *****32 Terminal otlw728 words
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Advertisement72 1986-06-19 17 KEEK SAUDI ARABIA and its Gulf Arab allies, jolted by a spate of Iranian attacks on merchant ships, ore seeking to bolster protection of their sea lanes vital to oil exports. P»g« II THE UPPER AGE limit of 17 years on new registrations under the Greek flag has been removed.72 words
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Advertisement955 1986-06-19 17 y THE HEART 'I OF THE DRAGON MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPQRE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS Voy S" por* EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA *SiMM'" eteoaiTawi •a 23/1 1540 MB CfS 22/1 23M MB "Sappara CMaaj955 words
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Page 18 Advertisements
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Advertisement379 1986-06-19 18 Y.S. LINE STRAITS FEEDER I Pacific South Wast I Pi f YAMASHITA-SHINNIHON LINE J TRAMS-PACIFIC SERVICES Pacific North West I Atlantic/Canada Feeder at Kao I Feeder at Nagoya LL'JJiI WM 111 'iiBI Ml I —II T'T M limnn Tnwt'WPM ■rr-i (mmcaml ■FMBMUIIIEZMFMEMU Ml 'i■ tTTTlCMil'iw CTiMtnMnrnMitrTTW I —IWUMErr^MEMIEM^M LCL Cargo379 words
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Advertisement155 1986-06-19 18 Supercarrier Service TO: PANAMA US WC/E CARIBBEAN C. AMERICA Haariaa <1U). S Ftmclk*. OakiaW. Stacttan tapln. Owtntaa Sa*. Ante. C«acao Bridgetown. PMvsiw L Port ot Span. Hanson Kingston. St Mb. test Terre. Ustr.es, Fort France, fowl A I Si Georges. Georgetown Roseau Puerto Linton San tow Puerto Cortes. Guatemala CHy.155 words
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Page 19 Advertisements
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Advertisement713 1986-06-19 19 The Straits Steamship Group Mansfield Container Shipping PteLtd QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok :ONTAINERSHIP SERVICE TO UK/CONTINENT BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 *12 SKm. ABMart *11 LA Muri. M 18-20 km n» lada* 20-22 Jm *12 Mn. KhM 2123713 words
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Advertisement642 1986-06-19 19 Franco Belgian Services '■u cow wo samg to mow mkm mourn snom mm um n m mm a m sh to jus i otvk crar* 2m <» a w a m mm sm a m mm mcmm ukmawn IM < 7M) am am »n ?J?VL, HI US MS 1(M (MM)642 words
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Page 20 Advertisements
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Advertisement352 1986-06-19 20 I Hapag-Lloyd TO CONTINENT, UK EXPORTS 1010 23/t 25/1 •B 2/1 4/7 mm 9/7 11/7 13/7 7/S np t*n tip «/i a/7 2/1 23/t 11/ l U/l 12/1 FROM N. CONTINENT &UK IMPORTS SIM in $>» I text 21/t 22/1 |W. 2>/( »/4 «/7 1/7 14/7 lt/7 NR. 22/7 24/7352 words
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Advertisement103 1986-06-19 20 It&.S.LINF *s u i* A MOMf m S» %<. FULLY CONTAINERISED SERVICE TO FUROPF VIA S!){7 I 4 Men.her ot Ihf Aic Consortium FROM FUROPF VIA SUFZ s Memhff ot the Ace Comortmm f 111 t Y i.tiN• *IN< RISH I 10 IRt M NURIH "MIRIi'A At SI CO«M saso/nTC103 words
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Advertisement876 1986-06-19 20 JOL Hai Sun Hup Co (Pte) I td lEL *****06 (20 Lines) Tl XRS ***** \RS 206/2 lITM INTERMARITIME LTD Boh* Igmt) Tat 221SM Jakarta (Safe ApM) Tat S7MOJ REUNION/SOUTH AFRICA SERVICE n ka 9 fl PI B MR a CT m 2/7 5/7 11/7 a/7 1/1 2/1 l/l 14/1876 words
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Advertisement168 1986-06-19 20 o HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES n f y KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Son Flam 3/7 Ocean Courier 1/1 Lao, P. H«Mkf. Hwara, Joy#**. I*. P Maura. Kieta. R 5 SUN IW/OW LINE LOtt FOR RaracM TAIYO MARINE LINE WEST AUSTRALIA168 words
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Page 21 Advertisements
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Advertisement780 1986-06-19 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 BANGKOK CONTAINER SERVICE EAST AFRICA/RED SEA SERVICE VESSEL KOTA HAS*. KOTA WWAMA KOTA NAOA KOTA BERKAT VOYAGE HONGKONG SBMAPORE LOAOMQ FOB: W-451 SM 1-5/7 ADEN, HOOEK>AH, ALEXANDRIA Tins 14-15/7 20-25/7 BOMBAY. JEDOAH, AOABA, MOGADISCIO. MOMBASA, D'SALAAM E-531780 words
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Advertisement715 1986-06-19 21 BENLINE CONTAINERS EXPRESS COIfTWO SERVICE TO UK/CONTMENT stok mt rMo hmm mm 1/7 11/7 12/7 11/7 15/7 17/7 U/7 a/7 a/7 a/7 a/7 a/7 a/7 a/7 ji/7 1/1 l/l 4/1 VI 7/1 IVI 11/1 U/l 14/1 U/S w/i ii/» a/i n/i a/i a/i a/i a/i n/i a/i 31/1 1/1 1/1715 words
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Advertisement457 1986-06-19 21 1\" DJASAGETRI A Joint Europe Service Of. P.T. BJAKAtTA LLOYI mfX BESUM LLOYB P.T. SMMDEM MOKStt P.T. TRIKOM LLOYB EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pw URTMtMr Vl5-NB 26-20/6 24/7 'PALEMBAMG' V5-NB 3-5/7 rran um asm UM/TUHrr maa/tiaa raw «ti m m 14-U/7 t/t vi li/s n/« u/s STOK457 words
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Advertisement370 1986-06-19 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR m •BASSE* fit PA-AII »7W racM vioow HTONEYWA •fetor* OMy V* WMTWOUWIOUKC CLYDEBANK VI7N IVYMNK VIM FORTWANK VI6K TAUSALA SAMOA V 7 BOMVBAM V IM (Burmese National Line) Loadhf for Ranfoon Spare PidMi Ptnanf Bangkok 24/25 tm 1/3 M 21/29 JM l/IM 4/1 M370 words
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Page 22 Advertisements
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Advertisement982 1986-06-19 22 TOKYO SOUTH AFRICA n rmr—n VM23P OSMA MNHi nt 2» stok MM P. as. ctom 21 Jh 11 M 13 M 14M 11 M MM MM 27 M also acceptmc can wen to i MIDDLE EAST «mm INI YA nuvwn *93/5*3 2» Mi m OMB m/yu 11 M TOUT V3l/K5982 words
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Advertisement700 1986-06-19 22 /Ie AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* rum llMf Vtssti Sport 11Mb Frta Sjdo A* esteclbter *5 27 m CALABAR ¥27 10 Aa| 'CHAIUMS "V 20 25 M 10W II M 1« M AM/Bre RAVOAS' V 32 10 M 25 M 3A« 31 M AM/Bre AAfHRDAS V n 24700 words
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Advertisement608 1986-06-19 22 GOLDEN LINE GUAM GUAM SHTCMG (PTC) LID smufom iim m uuw <n uci STRAITS/PERSIAN GULF SERVICE: t UM| PtnM( GOUO OTT CotMMt/K«racMlnca(/IM« BOUXM mm Colo«bo/Uf»cl»/D«b»/Doli» 27/ a tm CHMA OCEAN SMPPWG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA ■ii UL. ai WW.U:LIK7mx:.W J.WiWi 2C/C 30/S *4/7 "vT 14/7 17/7 Sfn608 words
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Advertisement479 1986-06-19 22 INTRASEA (PTE) LTU.]| 10 Anson Road »27 16 Internationa p aza Singapore 0207 Tel 2246 I >li (IUL nesi o BREAKBULK SERVICE TO EUROPE/UK ALPHA FAITH I S-pan f. ru% K914 k Pert 11 7/7 <na lb -1 sjvnK CO. 9 snt/WT/Am/ IK (AVON) m/mm (mm rot/ant/* (mm s amn479 words
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Page 23 Advertisements
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Advertisement632 1986-06-19 23 S p.t NEPTUNE MEMOES PTE. LTD. "J**" td ib a. ind cf j houb itmn tima 2tkh2 *****77 *****22 mini OtOMKTUO *****19 *****16 NEPTUNE ORIENT LINES LTD NEPIM SON. BW> *****17/*****45/*****53/*****26 NEPIM SOU BHD. 24*5771/*****34/*****35 NEPIM SON. BHD. *****9/*****5/*****0/*****1/*****2 FAR -EAST/EUROPE FULLY COI TO EUROPE/UK (VIA SUEZ): rTii KMCUN34R+ (23/6632 words
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Advertisement338 1986-06-19 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON r Nf PI (INI AfiNCIS PTf I 1 M/ 4 77/4 w in m n/7 IV7 11/7 77/7 3/1 7/1 !•/> U/l i II! HfPUJW ftGfNCKS PH I ID in ?;ma ?;imm <Rook«w //***** ??1?07? lOpn338 words
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Advertisement579 1986-06-19 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUIWNG 55, Martet Street Sinfapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SMSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P K£LANG M/S SMARM AT HAH SOON SON. MD. IST AND 2ND FLOOR. NO 1. JALAN CLMPENMG.579 words
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Advertisement49 1986-06-19 23 ;Vf# I.S//I/V tH /./># JAPAM honckohc STRAITS tAS TEW GLOtV VTA SjM PI SUN HOPE VTA SjM 22/S GBO MMU NU VTM IS/S 36/S TOSWJM V IM 30/6 6/7 PJQmc Pa SHBUSAWA IdSHM ft H.T.Y. TPTH COfTl LTD-, 37 UmmnH M Ml I Ik Tn> Am M*l S>" IB- 7*7»7«/549 words
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Page 24 Advertisements
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Advertisement384 1986-06-19 24 :rnnii' regional container lines TO BANGKOK (5 WEEKLY SAILINGS) wssl [33E521 1231Z13E1E21 □ME3H i, j ,k Tgnn nrcy ngTTn in£|_^ HP SEA DRAGON m TW6 HAI NO. 2 iinn (Obdnrft Orty) 1-2/7 2/7 KK3I TIME NN NO. 2 trmwrrm TO SOUTH THAILAND iL^iXk-j.u.'.'.lltLi 1 m P ii.ml'i<i' '■IT: .bP 831384 words
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Page 24 Miscellaneous
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Miscellaneous171 1986-06-19 24 fi Regional Weather r- 8 s in J i E* i y/ V l< LLIkT SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height LEGEND R Thunderstorm Temperature c X\ Weather -V Wind direction with speed m knots y Shower M171 words
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Page 25 Advertisements
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Advertisement97 1986-06-19 25 HSC MEMOES K. mm P. KELANG POMN6 f. GUDANG J. BAHMtU *****11/*****56/*****48/*****93 *****1/4 TOMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****S FAR EAST/EUROPE CONTAINER SERVICE BiffinMiwraififi.i:' njimiTTMnTi n n.vimrTTn—rrinMirwirwiri.: "'Trmjara ii ir. nMPTTMfTTMfIU 11 y'lmnf 11 j. ■fmrra OCE^BSEBEUIH ALSO ACCCFTM6 FOR: MTMV. L. HMtVE. UK. BREKH. COPENHAGEN, OSLO ALSO ACCOTNG FROM EUROPE97 words
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Advertisement229 1986-06-19 25 .INE IN7EPNATIONAL Mi-: TRANSOCEAN (M) SDN. BHD V COLUMBUS LINE REEDEREI GMBH a SI P\ K Of HAMBI IRG SI ID 1 fXPRFSS SEMI CONTAINER SERVICE 10 NORTHBOUND TO UKC STORE RDM/AT)AM HB€ HULL (UJ(.) CtVKftW* VI? In Port 11/7 17/7 14/7 IYYBANK VI (N 4/7 31/7 3/t 7/t FORTHBANK229 words
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Advertisement108 1986-06-19 25 ScanDutchtf TO EUROPE (MEDtTERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL PEN B. Nraui/zIC hn«a/22l Mta*/ZX n om/m mm/ZSf 1 MM/211 TO RED SEA-MEDITERRANEAN SINGAPORE FEEDER VESSEL CASABLANCA LtSSOfT TO HONG KONG-TAIWAN-JAPAN -CHINA* FEEDER VESSEL PENANG FROM EUROPE 1 tami/215 Hmttm/m mOMwh 2» 1 MR/245 «m/»5 It Dajtat/215 FEEDER VESSEL I P. KELANG 27/1108 words
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Page 26 Advertisements
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Advertisement279 1986-06-19 26 f K& S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37, SomcrMt Road. #06-01, Ng Ttow YhM Bldg S port 0923 T«l 235 8444 (4 lln«») PoM ((fljnj Pmj Sf*pi)irt{ Sdn BM Ifl 03 <890 '1 "> Penanj Irjdf t> banspod ltd lel 04 61 '893 P.h» Gtid.in;279 words
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Advertisement368 1986-06-19 26 i^npi XI; os* tfl to* Mitsui OS K. Lines. Ltd CONVENTIONAL/SEMI-CONTAINER APOLLO PEAK MORNING GRACE GLORIA PEAK 26 Jun Port Louis. Reunion 17 Jun Mombasa, Daressalaam 26 Jul Port Louis. Reunion ALTAI MARU Rmks: Subject Inducement. P. Noire, Abidjan, Buchanan, Monrovia, Tema, Apapa. +Lome AFRICA'S N °l FULL CONTAINER SERVICES368 words
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