The Business Times, 26 June 1986
1986-06-26
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The Business Times
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Title Section12 1986-06-26 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, JUNE ft, 198« 75 CENTS12 words
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395 1986-06-26 1 UPI THE CHIEF of Japan's central bank asserted yesterday that the nation's economy would soon rebound in spite of the first stagnation of growth in 11 years and ruled out a further cut in interest rates. Bank of Japan governor Satoshi Sumita, duringUPI - 395 words
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624 1986-06-26 1 LOH HUI YIN, ALVIN TAY - Move marks manufacturer's growing presence in Republic By LOH HUI YIN, ALVIN TAY MINEBEA CO of Japan, reputed to be the world's number one manufacturer of ball-bearings, has incorporated a $70-million investment company in Singapore to manage its surplus funds. The setting up of624 words
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Article, Illustration285 1986-06-26 1 IN YET ANOTHER cost-cutting measure, Emporium Holdings is reducing its operating space in Queensway Shopping Centre by more than one-third. BT visited the outlet yesterday and found the store's ground floor premises which used to sell toys, stationery, glassware and luggage, among other things285 words
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130 1986-06-26 1 LION CORPORATION has confirmed that it is negotiating to take a stake in Emporium Supermarket Holdings (M) Bhd. The Malaysian company said in a statement to the Stock Exchange of Singapore that the group "is at this point in time, investigating130 words
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Article100 1986-06-26 1 AP OPEC president Arturo Hernandez Grisanti of Venezuela, predicting a quick reversal of the world oil market slump, yesterday called on non-Opec producers to follow Norway's example of pledging to cooperate in efforts to push up oil prices. Norwegian Prime Minister Gro Harlem Brundtland,AP - 100 words
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Article, Illustration120 1986-06-26 1 SHARE PRICES on the Singapore stock market rebounded yesterday in active trading. The widely-monitored Straits Times Industrial Index rose 5.71 points to 771.44 while the BT Composite Index gained 4.46 points to 652.20. Turnover dropped a little yesterday to 32.66 million units, valued at $54.92 million from 36.18120 words
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303 1986-06-26 1 Bernama ASEAN foreign ministers are expected to draw the attention of their counterparts from developed nations to the continuing difficulties in the world market for key agricultural and primary commodities which have affected Asean economies. The issue will be taken up at today'sBernama - 303 words
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Article122 1986-06-26 1 AFP PAPUA NEW GUINEA cannot join Asean on time for the 1987 Manila summit but will keep exploring ways of becoming a member, a Papuan official said in Manila yesterday. "I would say that it's impossible," said the official, a member of the Papuan delegation toAFP - 122 words
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Article, Illustration419 1986-06-26 1 THE FOREIGN exchange markets in Tokyo, Singapore and Hongkong would together constitute a regional exchange with comparable depth and liquidity to that of London and New York, Finance Minister Dr Richard Hu said yesterday. Speaking on the first day of the Asia-Pacific Economic419 words
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Page 1 Advertisements
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Advertisement125 1986-06-26 1 Cassette Receiver H2 g FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****22 Kuala Lumpur: Phone, *****3 i: Phone *****5/*****1 Jakarta: Phone. *****b Report urges Japanese to work lees, Pegs 4 HAPPY DAYS ARE HERE AGAIN! ia Na Na Bee Bop Rock N' Roll They have it all! The125 words
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Advertisement256 1986-06-26 1 rasa SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER OUR VIEW AN ARRAY OF unnecessary red tape has been uncovered and removed in the four months since the Business Enterprise Committee was formed. The relief provided to companies is significant in some cases. So long as there are rules governing256 words
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Advertisement118 1986-06-26 1 Full report, Pags 13 Int'l stocks, Pago 10 Asian stocks, Pago 11 Hongkongßank opens the door to business opportunities in China. Make inroads into China with the help of Hongkongßank's "China Desk". Our ties with China are more than a century old. In recent times, we've assisted in the development118 words
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Advertisement12 1986-06-26 1 Rodenstoch Quality before your eyes October date for T-bond futures, Pago 1212 words
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Page 2 Advertisements
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Advertisement190 1986-06-26 2 r > n v ff I l i COPV-JPCH PLUS Klf'CfejOfc a COPY-CAT With COPY-JACK! Sr^. Yi r i ua if V A v 7] COPY-CAT pi with P) COPY-JACK 1 /a f COPY-CAT with COPY-JACK! m y |ngjSni k fWm ms, M V*K? Sole Agent: Dunn Magnetix 90 Cecil190 words
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HOME NEWS
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372 1986-06-26 3 LOH HUI YIN - By LOH HUI YIN IT IS EASIER during a recession for younger job seekers, who are more adaptable, to find jobs than older retrenched workers, the Acting Trade and Industry Minister has pointed out. Brigadier-General (Res) Lee Hsien Loong said: "I see much less372 words
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Article, Illustration289 1986-06-26 3 PAUL YIP has been named the area manager, Asia/Pacific, by Mobil Polymers International, operating from the company's regional headquarters in Singapore. Mr Yip, who has been with the Mobil Corporation for 20 years, joined Mobil Polymers International in 1962 from Mobil Oil Singapore. In his new position,289 words
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268 1986-06-26 3 TOURISTS have indeed been shortening the length of time they spend in Singapore, and the number of visitors coming back to Singapore has dropped. Their average length of stay declined from 3.7 days in 1960 to 3.6 days in 1964 and was down further268 words
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305 1986-06-26 3 MARTIN SOONG - By MARTIN SOONG SAFT SINGAPORE, a subsidiary of French battery maker Saft, may supply up to $1.3 million worth of aircraft batteries for Indonesia's first lo-cally-designed and produced aircraft. Gerard Ma this, the aviation product manager based at Saft's Romainville headquarters, said on Tuesday305 words
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Article453 1986-06-26 3 ELAINE KOH - By ELAINE KOH ETHNIC FOOD a market estimated to be worth $31 million by next year is a niche which Singapore manufacturers can carve for themselves in the American market. "Our optimism is due to the indicative growing market trend in the US for453 words
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Page 3 Advertisements
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Advertisement148 1986-06-26 3 The Enterprise column has been held over due to lack of space WORLDW/DE COURIER Changing the way the world does business. r a i r Jm, "1* J! < 'fc At Pete's Place, we're like one big, happy family. So when you come, we treat you like guests. In the148 words
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Advertisement324 1986-06-26 3 Total flexibility. \burs with our Mvingu Facility. Credit The ability to raisecredit exactly M when you want it, with no restric- M tions on how you use it, is a C valuable business tool in times like these. You get financial 1 muscle and complete flexibility. DBS Finance's Revolving Facility324 words
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ASIA-PACIFIC
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477 1986-06-26 4 Plan for stricter pollution controls on export industries AP TAIWAN plans to tighten pollution controls on export industries in a bid to reduce its mounting trade surplus with the US, according to Taiwan's chief economic strategist. Chao Yao-tung, the chairman ofAP - 477 words
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292 1986-06-26 4 AP A JAPANESE government report on labour has urged the country's workers to take more leave and work fewer hours each year, apparently reflecting -.Western criticism that long working hours in Japan contribute' to trade friction. The report also asked the government to reviseAP - 292 words
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162 1986-06-26 4 Reuter A GROUP of Senate Republicans said that the US should take action against Japan (or unfairly barring American companies from bidding on construction projects such as the Kansai airport in Osaka. The 10-member Senate Republican Trade Task force said in Washington on TuesdayReuter - 162 words
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412 1986-06-26 4 AFP SIX MONTHS after the US Congress voted to provide up to US$5 million in direct aid to the Cambodian resistance, the guerilla groups have still not received "one cent," says a spokesman for the Khmer People's National Liberation Front. Washington decided inAFP - 412 words
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225 1986-06-26 4 UPI SOUTH KOREA'S political parties began preparations yesterday to form a 45-member special parliamentary committee which will seek to draft amendments to the constitution accommodating demands (or democratic reforms. The government and opposition camps passed a resolution on the special constitutional body throughUPI - 225 words
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181 1986-06-26 4 AP THE JAPAN Federation of Bar Associations yesterday recommended in a report that foreign teachers be hired at the country's public schools. A federation official said the report, compiled by the federation's subcommittee on human rights, was delivered yesterday to the EducationAP - 181 words
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395 1986-06-26 4 AP THE NATIONAL People's Congress Standing Committee has urged the cautious preparation of a bankruptcy law it deemed crucial for China's economy. Xinhua News Agency said the committee members agreed that managers of state-owned enterprises would do a better job if they fearedAP - 395 words
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277 1986-06-26 4 AFP SINO-INDONESIAN direct trade was progressing in spite of a problem with the inspection of Chinese exports by an Indonesian government-appointed agency, said an Indonesian Chamber of Commerce and Industry (Kadin) official in Jakarta yesterday. The acting chairman of Kadin's China committee,AFP - 277 words
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Article176 1986-06-26 4 AFP PHILIPPINE armed forces chief Fidel Ramos Is against a proposal by top communist guerilla leaders to share power with the present government in return for a ceasefire. The official Philippine News Agency yesterday said that top National Democratic Front (NDF) leaders had reportedly said thatAFP - 176 words
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Article781 1986-06-26 4 ARRIVALS Operator Scmci number Locol time From SIA SQ1I7 0005 KUL LUFT LH688 0010 FRA/OXB UA UA805 0010 JFK/SFO/HKG RBA BW43 0330 BWN MAS MH681 0620 KUL MAS MH811 0910 PEN MAS MH67I 0920 KUL SIA SQI03 0950 KUL AC AC858 0950 YYZ/LHR/BOM CPA CX7I0 1015 CGK781 words
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Page 4 Advertisements
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Advertisement100 1986-06-26 4 V ft v C-°! <#■ -sS** 3I^B fsi V «*P i former Troika restaurant, prepared by the very same chefs. Longing for Borscht, Chicken Kiev and Shashlik? Come to The Balalaika Room, relive those memories and taste these specialities yet once more. There're-more. Of other Russian specialities. And other Continental100 words
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Advertisement51 1986-06-26 4 I I II \I I if I Every Tuesday, Thursday. Saturday and I I I II I Sunday. Leaving Changi Airport at 1 Jy JL l i-X 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canada at *****55 or your Travel Agent. AIR CANADA51 words
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REST OF THE WORLD
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342 1986-06-26 5 UPI THE NET international investment position of the US shifted from a positive US$4.4 billion at the end of 1974 to a negative U*****.4 billion at the end of 1965, said the Commerce Department on Tuesday. It was the first time that foreignUPI - 342 words
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193 1986-06-26 5 AP THE HOUSE of Representatives armed services committee voted on Tuesday to cut US$2 billion from US President Ronald Reagan's budget request for Star Wars research into antimissile defences, congressional sources said. The decision came as the panel met behind closedAP - 193 words
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Article, Illustration265 1986-06-26 5 AFP BRITAIN has won two contracts worth US$l4.2 million for work linked to America's Star Wars Defence programme, US Defence Department officials announced on Tuesday as British Defence Minister George Younger began a three-day visit to Washington. The announcement was made shortlyAFP - 265 words
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Article, Illustration263 1986-06-26 5 AP TEN YEARS after the collapse of the East African Community, leaders of Kenya and Tanzania have called for a revival of the severed economic ties that caused nine years of bitter quarrels. "It is my firm belief that the spirit ofAP - 263 words
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447 1986-06-26 5 UPI Reuter MEXICAN Finance Minister Gustavo Petricioli has said that Mexico will not declare a moratorium on its nearly US$lOO billion foreign debt but has warned that it will seek "reasonable" repayment terms. "We are going to eliminate the two extremes: punctual payment, noUPI; Reuter - 447 words
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383 1986-06-26 5 Reuter GOVERNMENT, employer and worker representatives from 150 countries have virtually unanimously passed an international convention sharply restricting the use of asbestos, a mineral which can cause fatal iimg diseases. The convention, approved during the annual session of he International Labour Organisation (ILO), comes intoReuter - 383 words
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Page 5 Advertisements
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Advertisement100 1986-06-26 5 k J Daily to San Francisco and Seattle. Only United offers non-stop flights to both San Francisco and Seattle from Hong Kong every day of the week. And once you're in America, United can fly you to more cities than any other airline. Because United is America's biggest airline with100 words
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Page 5 Miscellaneous
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Miscellaneous64 1986-06-26 5 Doonesbury BY GARRY TRUDEAU mi, viscount, rrSB&NA PISA6UPSPOIN3 BUSINESS urm you. f Wpeverlxb J TOUP6RAPE TO A PUte, I HOPE I WILKSB>*UXt&- RrUS? JNMJNP! i 5 a I sure turn, TVE GOTTEN VB& GOOP VALUE HER£. I STILL CANTBEUBVS- THE VfS~ COUNTWOULPSELLHtSTma FOKONU*I7,OOO! I I t 3 h 2 ST.64 words
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RAW MATERIALS
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Article285 1986-06-26 6 SINGAPORE The market closed firmer yesterday with July One RSS buyers quoted at 176.50 cents per kg, up three cents from Tuesday's close. The morning session recorded a gain of three cents following higher Japanese advices and shortcovering interest of nearby and forward positions, in moderate trading. Trading in285 words
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Article278 1986-06-26 6 RAS prices in S cents/kg, FOB in ti tales NOON CLOSE Buyers Sellers Buyers Stlltfs Int 1 RSS Prompt 176 50 177 50N 177 50 178.50N Int 1 RSS July 86 175.50 176.50 176 50 177 00 Int 1 RSS Aug 86 174 50 175 50 175278 words
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Article95 1986-06-26 6 (cents/kg, 1-ton pallets) JULY 86 AUGUST 86 1 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 161 00 I63.00N 161 50 163.50N SSR 50 158.00 I60.00N 158.50 160.50N MRELB Sellers Buyers Sellers SMR CV 226.50 228 50N 227 50 229 50N SMR95 words
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Article141 1986-06-26 6 Chinese Produce Exchange Sellers' noon closing prices on June 25 (S$/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61.00 Now drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1197.50 Sarawak White FOB foq NLW 1182.50 Sarawak special black FOB NLW141 words
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Article64 1986-06-26 6 Bangkok Broken Rice A-l Super A-l Special 118 (US$/tonne, FOB) 115 White Rice C-l Speciol C-l Ord unq unq 100% 1st ckrss 100% 2nd class 250 220 Loonzain Rice 100% 3rd doss 215 100% 1st grade 100% 2nd grade 5% 205 100% 3rd grade unq 10% 15% 200 19564 words
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Article89 1986-06-26 6 THE PRICE tla ea the Kulft Lam par Tin Market raw (nt cents yesterday to MH4.U per kg frem Tieidty la thla tradlag. Dealers said tke steadlaess reflected eeatlaaed Japaaese aad Malaysian activity, though Earepeaa buyers reTetal disposals feU to SI toaaca (ram M toaaee ea Taeeiay. Dealers89 words
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Article179 1986-06-26 6 MALAYSIAN crude palm oil prices were weaker at yesterday's close, extending Tuesday's easiness an further selling interest prompted by lower overnight Chicago soyoil futures. Government estimates of a rise in May production from April also weighed on prices. June deliveries in the south region fell MHO to MJS7O179 words
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Article236 1986-06-26 6 SOYBEAN FUTURES on the Chicago Board of Trade rebounded slightly on Tuesday but still closed with losses of 4*/« to 2Vt US cents per bushel in moderately light trade. New crop November managed to close Vi cent above the psychologically key US$5.OO level after posting a ss/«5 s -cent236 words
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Article771 1986-06-26 6 COFFEE Robusta futures continued to ease on Tuesday afternoon as New York prices fell sharply, but limited short-covering lifted prices off the lows towards the close. The market ended an active but directionless day with losses from Monday night of £50 to £54 a tonne in a volume771 words
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Article261 1986-06-26 6 WHEAT FUTURES on the Chicago Board of Trade trimmed early gains on Tuesday due to the sell-off in corn futures, but still closed 3'/« cents to V* US cent per bushel higher in moderate trade. July settled at U552.52V 4 after posting a 6 V* -cent range. Analysts said261 words
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Page 6 Advertisements
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Advertisement390 1986-06-26 6 This side of the brain makes all the rational decisions while the other makes all the emotional decisions. Judged by any standard, the 1986 Volvo 740 must be seriously regarded as one of the finest 2-litre cars on the road today. It is a Volvo designed to give you smooth390 words
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WORLD BACKGROUND
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618 1986-06-26 7 AFP THE IRANIAN GOVERNMENT, racked by a costly six-year war with Iraq, is battling to reduce the country's dependence on hard currency in the face of a revenue drought brought on by the oil crisis. Government officials have been keen to assert publicly inAFP - 618 words
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475 1986-06-26 7 AFP EIGHT YEARS after launching sweeping economic reforms to meld Western practice with socialist doctrine, China's communists are starting to come to grips with the political consequences. The official press recently carried statements by intellectuals filing for more freedom in China and moves toward aAFP - 475 words
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Page 7 Advertisements
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Advertisement131 1986-06-26 7 The Garden Hotel's Ups Downs: From Ist July 1986 Our rates come down. Our discounts) up to ♦W 5^ •A WJ off published rates for Commercial Accounts from Ist July to 31st December 1986 All of our existing commercial accounts will enjoy this discount rate. If your company would like131 words
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Advertisement338 1986-06-26 7 I 0 l 4 t 11 1 M'• M i r g'TTi T technologically advanced office complexes in the ■&OUB Centre, productivity and prestige work hand in hand to give your company many distinct advantage* in today's business environment. Buflding Aa A fully iM>l-» r> \'W»*" safety. Eniyity Power Supply338 words
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FEATURES
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Article498 1986-06-26 8 EXCESS RED TAPE surrounding swimming pools is not all that unusual. The nature of red tape is such that it tends to accumulate in the most unlikely places, because bureaucracy tends to have a hand in things one would not dream of. So there are rules498 words
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Article, Illustration1434 1986-06-26 8 SUSAN POSTLEWAITE - Carriers have resorted to gimmicks to lure Americans across the Atlantic after bookings have dropped by a drastic 30 per cent on fears of terrorism and the Chernobyl nuclear accident. But American travel agents say prices must go down a lot more,UPI - 1,434 words
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239 1986-06-26 8 Letter to the Editor Dear Sir. I wish to express my views on the article in Business Times on June 6 concerning the retirement age of SLA girls. As a regular passenger of SIA, I find that stewardesses aged 35 or more are239 words
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Page 8 Advertisements
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Advertisement168 1986-06-26 8 u i& NSV Conceived with much thought for privacy and ambience,Warner Court epitomises the comfort of a home away from home Nicety nestled in the tranquil and picturesque Holland Village the first choice preference of the expatriate community in Singapore Warner Court has all the convenience and friendliness of the168 words
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Advertisement68 1986-06-26 8 -f kK 1 Irresistible Dian Xin x. t-jK j€ V; Scrumptious Dian Xin, steamed to perfection. The tastiest tidbits created by the chefs of Kelong Thomson Restaurant, Cathay's sister restaurant, for your pleasure at lunch. A special selection of the most popular Dian Xin items are now available, in addition68 words
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Page 8 Miscellaneous
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Miscellaneous696 1986-06-26 8 mtMWimmms)cdsd CRYPTIC PUZZLE ACROSS 4 it's easily burst, Wow it! (6) 7 Meander across to town (8) 8 Does he speak for love of an animal, alternatively? (6) 10 In a flat, disorder is deadly! (5) 13 Code used by a schoolgirl (4) 14 Old Russian arts, possibly (4) 15696 words
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SPORTS
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Article, Illustration669 1986-06-26 9 Unofficial rankings released on eve of semi-finals Agencies BRAZIL finished fifth in the World Cup, tops among the 20 teams that were eliminated, and newcomers Iraq and Canada finished last, according to unofficial rankings released yesterday. The top four places will be determined after semi-finalAgencies - 669 words
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Article848 1986-06-26 9 AP SEVERIANO BALLESTEROS yesterday teed off at the the third edition of the U*****,000 Monte Carlo Open in France in his attempt for a European triple. After triumphing in his two previous outings in the British Masters and last Sunday's Irish Open, the 29-year-old SpanishAP - 848 words
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Article153 1986-06-26 9 UPI THE Golden Gate America's Cup Challenge's US$4.7 million gamble at designing a revolutionary high-tech 12metre yacht was culminated on Tuesday with the christening of the new craft on galeswept San Francisco Bay. The boat named R-l was designed by a group of the nation's leading scientistsUPI - 153 words
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659 1986-06-26 9 AP JIMMY CONNORS and John McEnroe have hung around a lot of courts together, berating umpires, giving club officials fits and playing some of the best tennis of their generation. They are together again at Wimbledon this year, even though McEnroe is home in theAP - 659 words
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Article767 1986-06-26 9 UPI Results of first round matches on Tuesday (seed numbers in brackets and names of seeded palyers in bold): Men's singles: Tim Mayotte (10), US, bt Alexander Zverev, Soviet Union, 6-4, 6-4, 6-4, Jokaa Krtek, (16), US. bt Brett Custer, Australia, 7-6 (7-5), 6-2, 6-3, John Sadri, US,UPI - 767 words
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Page 9 Advertisements
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Advertisement13 1986-06-26 9 ft H WORLDWIDE COURIER Changing the way the world works. 11 ill ellesse13 words
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Page 9 Miscellaneous
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Miscellaneous1063 1986-06-26 9 to sm mm Friend or foe... gangland leader Dominoe (Rachel Ward) and police officer Sharky (Burt Reynolde) THURSDAY FEATURE SPECIAL Sharky's Machine 10.30pai, Channel 5 Burt Reynolds plays an incorruptible veteran police officer, Tom Sharky, whose independent tactics make him the department's maverick. His character shares many similarities with Eastwood's.1,063 words
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INTERNATIONAL STOCKS
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431 1986-06-26 10 Reuter TWO OIL and gas companies controlled by the Hunt family have filed suits against 23 major banks, alleging violation of antitrust laws, the Bank Holding Company Act and other US state and federal laws. The suits, filed on Tuesday inReuter - 431 words
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Article103 1986-06-26 10 Reuter T&FALGAR House said itaefler for John Brown, an engineering and construction- company, has become unconditional after it received acceptances representing 51.6 per cent of JoCk Brown's issued ordinal share capital. ■Trafalgar House, a and construction coapuqr, said that ss of Tuesday it had received ac- IReuter - 103 words
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333 1986-06-26 10 Reuter THE WALL STREET stock market on Tuesday staged a broad advance in moderately active trading but gave up about half of the gains by the close. Some of the drug issues and interest-sensitive issues finished sharply higher. The Dow Jones IndustrialReuter - 333 words
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Article130 1986-06-26 10 JUNK 24 a 24* hco bit Pro* Ptp« hi M IB* 43* 20* 42* 16 15 unch Lobtaw B 13* Bonk Novo Scotia Bar* Of Montreal 16* 32* Mosmy N»J Mc BkxM r; 37* 28* 28* 35* Brmcan A Canodtan Imp Bank Conpoc 25* 17* 16* Notanda In NuHtmala130 words
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Article256 1986-06-26 10 JUM 24 Tonooat Tnmt 6k 730 130 unch 5 Pram Grp 2000 inch Un St 60 WooHru 1200 MOUSTtULS A AJpha Abfcom 925 245 -IS 5 Ml Anfjo* 4MQS 4825 +75 Aad 1175 25 mdi +25 -75 50 Amaprap AMMC 410 3950 &Y* <x* MM Butfofc 1875 8200 Bartow*256 words
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Article738 1986-06-26 10 JUNi 24 us$ 4/rrutuH Tiro Ruor Cp 24 16 4* -1* Nuns lor NCR Corp 8* 51* Aican AJumn 30* 4* FMC Cp 20 Newmont 46* 4* Alcoa 39* inch Cmt Uiitnr 54* 4* MoffoAi u.,,,11 i i 86* 4* A8eg hd 18* rwu rTwfw Manor Fmnouf Cp738 words
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Article649 1986-06-26 10 Amsterdam JUNK 24 ASN Fb 581 JO inch Aogon 109.70 -1.3 AhoM 88 JO -0.7 Akn 167 30 -Q.7 Akanto 152.80 -0 2 AMEV 80.30 -07 Ainro Bonk 105.50 -0 9 Am Stod Barkd Borirnq Buohrman Tottorod Cah* rimin ***** -0.5 41.50 inch 852.00 -12 i. 182.00 inch649 words
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143 1986-06-26 10 Reuter COCA-COLA 00 Is continuing its efforts regarding the proposed acquisition of Dr Pepper Co. A Coca-Cola spokesman 1 declined to elaborate on Tuesday, citing a suit > against the acquisition brought by the maker of Royal Crown Cola. Forstjo mann little and Co,Reuter - 143 words
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Page 10 Advertisements
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Advertisement616 1986-06-26 10 Wi&it to wiae, dim aai aMMa Wholesome, fresh, ramptnous and all fbucaneat... there is nothing more Jguti itkw and better value for lunch than the QbiUaantlCfMejeMta Baron's Table. from a buffet spread of cold cuts, salads and soup to Cnder, succulent meats, served sizzling hot from the warcoal pill; beef616 words
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Advertisement198 1986-06-26 10 ~($>-|^*?<_@/|,%/[};+^|,<*>;/+{ wrtrtfiitiiruiiiro i I ft ®piwifom Managed by Prince Hoteb Japan Continuing the Prince Hotels tradition of friendly »ervK* 270 Orchard RoadLSinppore 0923 Telex: RS ***** HCROWN Cable CROWNHOTEL Fa* *****18 Tel *****11 Diary of Food Events! KURUMAVA JAPANESE RESTAURANT JUNE Speciaie! Hetneken Beer or ABC Extra Stout at only198 words
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ASIAN STOCKS
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Article322 1986-06-26 11 HONGKONG: Share prices closed slightly lower yesterday in halfday trading which was dull due to a lack of fresh incentives, brokers said. The Hang Seng Index was 4.18 points off at 1,759.72 and the Hongkong Index eased 2.56 to 1,096.76. Brokers noted persistent selling by overseas investors. They said322 words
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Article232 1986-06-26 11 JUNE 25 NT Kotn 28 20 0.3 Al Sancara Indus 2.10 25 90 -002 Kuochon Dav Laa Chang Yuan Cham Indus 22 00 -1 32 10 +0 1 35.00 1.2 Chang Hwa Bank Own Loong Chn min Camant O*o Hun Floor 44.20 25.50 -02 +03 Ltan Hwa Indus Nan232 words
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Article423 1986-06-26 11 TOKYO: Prices rallied on bargain hunting in almost all sectors yesterday to finish at a record closing high after Tuesday's setback on profit-taking, brokers said. The market average jumped 183.04 at one point to a record high of 17,525.44, more than offsetting Tuesday's 115.49 drop, before ending at 17,516.63,423 words
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Article67 1986-06-26 11 JUNE 25 Marstaal Oriental B 0.012 -•-000! Phi Ov«n«as 0015 unch n PMti B 0.21 Ap«x Mining B 001 13 unch new B PLOT 106 0001 San JWgual B 45 -A Basic Petroleum 0 0032 unch Saofroot 0 0075 -0 0005 Benguet Con. B 80 unch Sim* Darby 967 words
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Article341 1986-06-26 11 SYDNEY: Australian share markets yesterday closed easier, dragged down by investor nervousness over the direction of the economy, profit-taking among quality industrial issues and a falling US dollar, brokers said. At the close of trading, the All Ordinaries Index had eased 10.2 to 1,195.7, the All Industrials 11.3 to341 words
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Article91 1986-06-26 11 JUNE 25 Won Kangwon Ind K1A Motor Kolon hnd 1300 1951 2251 -20 -18 +71 Doelmlnd. Daewoo Corp Daewoo Heavy Dong Ah Phar Doogbo Steel Dong Suh Stock 556 1170 1498 925 1570 1370 •4 +5 18 -281 -10 +70 Korea Long-Term.... Lucky Ltd Oriental Brewery Podfic Chemical Sarmmg91 words
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Article132 1986-06-26 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.87 point to 129.75. Turnover amounted to 362,142 shares valued at 68.0 million baht. JUNE 25 Saha Unmn 113 tnch SarmuA 499 +12 Ao Kham Thai Asm Fixe 110 -6 Ayudhya hrivesfmerrt 135 -1 «ap Bangkok Agro-kid 29 50Reuter - 132 words
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Article56 1986-06-26 11 Reuter A GROUP of Japanese companies led by Japan Air Lines Development Co Ltd (JDC), a subsidiary of Japan Air Lines Co Ltd, has entered into a joint venture with China's Jin Jiang Holdings Co to build a 419-room hotel in Shanghai. The hotel is estimatedReuter - 56 words
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577 1986-06-26 11 Reuter FINANCIAL liberalisation, slower economic activity and changes in business ethics are causing Japanese managers to take a fresh look at mergers and acquisitions as part of their corporate strategies. "The economic situation is changing, company structure is changing everything is contributing toReuter - 577 words
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134 1986-06-26 11 AFP CHINA'S takeover deal for Ka Wah Bank of Hongkong has been completed. The bank, now controlled by a Beijing state company, China International Trust and Investment Corporation (Citic), has an almost completely new board chaired by Jin Dequin, a veteran banker fromAFP - 134 words
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Page 11 Advertisements
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Advertisement196 1986-06-26 11 s I WiterB to wtm. dim aai eatertaia StartofA New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine is only half196 words
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Advertisement115 1986-06-26 11 "9 Zm W 4 7 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 1 st and June 30th. Call 732 1222 ext. 1589 for reservations. See you soon. Cheers! Ample free115 words
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Advertisement109 1986-06-26 11 Paramount HotelWh»r» tht happy P*oplo ao L'i t' €S ♦w*,. Discotheque 1 Para Wave Free Style Dance Championship'B6 Heats: s=» June 3 and 10 Semi-Finals: June 24 July 1 Preview: July 15 Grand Final: July 18 We're blasting oft tonight and every night at Para Wave Discotheque. Take off to109 words
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Advertisement135 1986-06-26 11 7®? v VS m t r i »fV E&J^y*}V u' >" Vj^ Jv^v J ,-.«27 W" I r ft mv J jif 27 Gn'o chT'N rii'\t 1 $200 S5OO donat'on Sai i''la, Jane 28 5-15 n "'l tor rew/rjt'Ons O'l 733 nee L«t 2574 rifiURGO ALonzo show Crvs f d'135 words
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Advertisement154 1986-06-26 11 42, Boat Quay/39, Circular Road Singapore 0104. (opposite OCBC Centre) Te1:*****22.*****65 Hidden Treasure* by Singapore River No bar of hee Budmw hours: m 11 6 Ptituag m Mm eve •88++ (For 4 persons) ABALONE/LOBSTER Sat Menu e Braised whole abatooe in oyster sauce e Braised lobster in chilli sauce e154 words
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BANKING AND FINANCE
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Article443 1986-06-26 12 LUCY NG - Options contracts to follow in January, says Simex chairman By LUCY NG K SINGAPORE International etary Exchange (Simex) frill be introducing the US Treasury bond futures contract in October, followed by options in January next year, said its dbairman Mr Ng Kok Song, o. Speaking443 words
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323 1986-06-26 12 DAVID GABRIEL - By DAVID GABRIEL SOME OF THE WORLD'S top brains in the financial futures business will be in Singapore during the weekend. They will deliver papers and take part in ftanel discussions at a seminar organised by the Singapore International Monetary Exchange (Simex), and BARRA, a323 words
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218 1986-06-26 12 Reuter FINANCIAL SERVICES operators in Britain would be banned from doing business and might (ace prosecution and )ail sentences if any falsehood was found in their licensing applications, Securities Investments Board (SIB) chairman Sir Kenneth Berrill told a news conference on Tuesday. Sir KennethReuter - 218 words
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MONEY AND EXCHANGES
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Article758 1986-06-26 12 SINGAPORE The US dollar weakened slightly against most major currencies in thin late trading yesterday on some European selling, after holding steady earlier. Dealers said the dollar's undertone remained bearish following Tuesday's release of US May durable goods orders data, which showed a decline of 2 per cent758 words
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Article, Illustration319 1986-06-26 12 Asian market ASIAN DOLLAR deposit rates closed slightly lower yesterday compared with Tuesday's levels, in moderate trading. News of good demand for US Treasury's sale of U557.25 billion four-year notes contributed to the weaker rates. A weak US economic data released on Tuesday also affected sentiment. Overnight and week fixed319 words
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Article104 1986-06-26 12 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/8 point from Tuesday to close at 3-3/4 per cent yesterday. The one, two and threemonth term rates fell by 1/16 point each. S$ Interbank rates at 7pm yesterday: OWer W Overnight 3 3/4 3 5/8 1-month104 words
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Article178 1986-06-26 12 Interbonk rates ot 3pm yesterday. LkiI dollar* to cvrrmcf. Md OMor 0000 part* US dolor Storing pound Australian dolor NZ dolor Canadnn dolor 2.2195 ***** 1.4715 1.1785 1.6013 7?n*> 3.3640 1.4744 1.1813 1 6032 2.8196 7.3469 ***** ***** 3.4206 •21.28 54.26 -57.06 -65.63 -53 19 Local dollars to178 words
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Article337 1986-06-26 12 BA Futures EUEODOLLAB futures opened yesterday on a bullish note following the strong demand in the fouryear US Treasury notes auction on Monday night. September Eurodollar opened five ticks higher than Monday's close at 53.35 but met heavy resistance at 83.36. Hie market was thus locked in a veryBA Futures - 337 words
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Article218 1986-06-26 12 HONGKONG: The metal closed steady on late overseas buying yesterday and benefited from the fall of the US dollar. Bullion ended at U*****.10/40 an ounce after opening lower at U*****.10/50 and compared with New York's final U*****.00/50. On the local market, gold ended HK517.50 higher at HK53,184 a tael.218 words
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Page 12 Advertisements
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Advertisement966 1986-06-26 12 !ej ONG BEE FINANCE COMPANY LIMITED AND SUBSIDIAR ii (Incorporated in the Republic of Singapore) i 23 hi 113 H 3 S 67,244 75.572 934,536 1.180.930 S 67,244 911,320 75.572 1,155,930 After charging/ (credrtmg): ProraM tor dunmutjon Ifl value of KHCSIIMfItS Director s remuneration Office rent (246,394 1206,550 75.000 68.546966 words
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SHARE INFORMATION
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Article, Illustration4232 1986-06-26 13 ALTHOUGH there was no fresh news to bolster investors' sentiment, Singapore share prices yesterday still managed to advance in fairly active trading. Double digit price changes were common, with local blue chips still the centre of attention, although Malaysian stocks also attracted some4,232 words
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Article219 1986-06-26 13 SINGAPORE RiM, todtea.^ str its :s pair* M U M4j SO* 129 IS go*"* tS aivL is :a "o« -«s iSi S t 6 ST laAxtnali 7*5 73 771 44 ctt 402 2 ST fmmat* 2290 31 ZXUM S C J2 1 10 5M 95 590 02219 words
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Article4281 1986-06-26 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 278 1.295) (23) 1.30 (1) 1 29 (2) 1 30 (4) 1 28 (35) 1 29X0 Akom (0 656 0 68S) (3) 0.65 Amol StMl 50« (1.018 1 02S) (15) 0 98 (22) 0 97* (11) 0.97 (1)0 96*4,281 words
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COMPANY NEWS
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Article, Illustration750 1986-06-26 14 TWO LEADING Asian businessmen in Australia, Mr Jack Chia and Mr Lee Ming Tee, have spoken out against restrictive policies on foreign investment Down Under. They are joined by a number of merchant bankers and stockbrokers who complained that the already750 words
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517 1986-06-26 14 THE RETURN of bulls to the Kuala Lumpur stock market, after Tuesday's brief pause, helped share prices climb to higher levels yesterday. More excitement also filtered into the trading rooms as several new stocks such as CASH, MUMB and MUI, came into play. Second517 words
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345 1986-06-26 14 Reuter ROTHMANS International PLC has blamed currency movements for its significantly depressed results in the year to March 31, 1906, and for cutting its operating profit by around £14 million. It earlier reported a drop in operating profit to £115.9 million in 1965/86 comparedReuter - 345 words
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Article2642 1986-06-26 14 MDUSTRIALS AjmoMioto (3006) AMD (3366 3605) (2) 330 Akom (795) (U) (80 (32) 79 (2) 78 5 AISB (7IS) (11) 70 (21) 72 (1) 71 5 (13) 73 (10) 74 (12) 71 API (955) (11) 92 (22) 93 (26) 94 (I) 92 5 (4) 952,642 words
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Article267 1986-06-26 14 Mowogin' prices MARA-Bumiputrs for Jun* 26 Frst B'putro 4 61 466 Singapore Unit Trust Second B'putro Third B'putro 4 30 329 4 35 334 The Commerce 0 87* 0 92* Fourth B'putro 372 377 The Savings Fund 0 77 0 82 Fitlh B'putro 237 242 S'pore Prog Fund267 words
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Article112 1986-06-26 14 HONGKONG Hongkong Index Wednesday 1098 76 Tuesday 1101.32 Week ago 1114.16 All Industrials Wednesday 1921.5 Tuesday ***** Week ago 1910.5 NEW YORK Hong Seng Index Wednesday 1759 72 Tuesday 1763.90 Week ogo 1789 78 Dow Jones Tuesday 1875.55 Monday 1864 26 Week ago 1865 78 TOKYO Nikkei Average112 words
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534 1986-06-26 15 AT A TIME when most banks are showing lower profits due to bad debts and non-performing loans, Pacific Bank has managed to show improved profit. Chairman Tun Tan Siew Sin said that the increased profit was due to a cautious policy. As a result, there534 words
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426 1986-06-26 15 GENTING BHD has failed narrowly in its bid to develop and manage a casino-cum-hotel project in Darling Harbour in Sydney, Australia. The Malaysian-based casino and hotel group was one of the three short-listed applicants from an original pool of 15 contenders. Gentings426 words
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725 1986-06-26 15 Bid to step up collection of debts CITY SECURITIES Pte, which has been on the receiving end of law suits, is in the process of dishing out a few of its own against its debtors. This is part of CitySec's efforts725 words
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Article189 1986-06-26 15 THE Hongkong Land Property Co Ltd announced yesterday that it has signed contracts with Gammon (Hong Kong) Ltd and Nishimatsu Construction Ltd worth HK|372 million to build and finance the superstructure of the second phase of Exchange Square by the end of 1987. In the project,189 words
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137 1986-06-26 15 LLOYDS BANK PLC is extending its bid for Standard Chartered PLC after receiving acceptances in respect of 788,941 or 0.51 per cent of Stanchart's shares as of yesterday, the second closing date of the offer. It said the offer, including the alternative, is being137 words
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Article267 1986-06-26 15 APOLLO ENTERPRISES Ltd, in reply to a query from the Stock Exchange of Singapore, has said that none of its directors or substantial shareholders has any interest in the amounts owing by Apollo Theatre Restaurant A Nite-Club Pte Ltd and Sentosa Development Corporation. Apollo Theatre owes the hotel267 words
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Article797 1986-06-26 15 Reuter SHARE PRICES yesterday opened firmer in (airly active trading encouraged by Wall Street's higher close overnight. At 0815 GMT, the FTSE 100 Share Index was up 5.2 points at 1,630.1. Standard Chartered was 3p lower at 794 after an opening 802 following news that Lloyds is extendingReuter - 797 words
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Article, Illustration294 1986-06-26 15 HOTEL MARCO Polo Ltd has denied that it turned away a group of shareholders from attending its recent annual general meeting. The company said in a reply to queries from the Stock Exchange of Singapore that it checked with its share registrar, MAC Services Pte294 words
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Page 14 Advertisements
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Advertisement226 1986-06-26 14 YOU DON'T GET AHEAD Whether it's winning a contract or making a sale, you don't succeed in business if you come in second place. The same applies to the news and information you need timely, reliable news you can act on. That's why successful executives insist on having their own226 words
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Page 15 Advertisements
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Advertisement314 1986-06-26 15 NOTICES CAP. ltt AND IN THE MATTEB OF S.E.A. SHEEPSKIN PTE LTD (la ViMirj MEMEBBB' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of S.E.A. SHEEPSKIN PTE. LTD., duly convened and held at 36, Robinson Road #18-01, City House, Singapore 0106 on the 19th day of June314 words
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Advertisement317 1986-06-26 15 IN THE MATTBB OF THE COMPANIES ACT, CAP. itt AND Iv fc l l f-\ > HOLM EC ENTERPRISE (8) PTE LTD (to Vataatary UqaMattaa) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members Of BOLMEC ENTERPRISE (S) PTE LTD, duly convened and held at 1 North317 words
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Advertisement313 1986-06-26 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTES OP BOSS MIX SERVICE PTE LTD WINDING UP At the Extraordinary General Meeting of the members of ROSS HILL SERVICE PTE LTD, duly convened and held at 2 Flnlayson Green, #14-06 Asia Insurance Building, Singapore 0104 on313 words
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Advertisement196 1986-06-26 15 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, Messrs Sim Hill Ic Ta». of 70 Shenton Way #15-01 A Marina House Singapore 0207, solicitors for Alk Lee Shipping Pte Ltd of 175 Kampong Ampat #01-12 Gold Pine Industrial Building Singapore 1336 hereby give notice that In consequence of our196 words
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Advertisement102 1986-06-26 15 HOTEL BOOKINGS SERVICE Tfele Hotel International ANY ROOM...ANY PLACE...ANY TIME CHANGING THE WAY TO FIND €r TO BOOK HOTEL ACCOMMODATION MAXIMUM DISCOUNTS AVAILABLE SAVES TIME...MONEY...EFFORT OVER 30 HOTELS REPRESENTED FOR SERVICE, Uiminun I'uma Damanura Kim Subang Java Kuala Lumpur Klanf Bandar Mclaka Ipoh Ipoh Garden South Pcnane Td 01-*****90 Td102 words
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461 1986-06-26 16 CHUANG PECK MING, LUCY NG - More companies and unions seek ministry's advice By CHUANG PECK MING, LUCY NG INDICATIONS of a pick-up in talks in the private sector on the wage standstill proposed by the National Wages Council have appeared after a slow start, according to a senior official461 words
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205 1986-06-26 16 Bernama MALAYSIA yesterday set up a Cabinet committee on investments to speed up approval of applications from foreign investors. The committee, chaired by Deputy Prime Minister Ghafar Baba, comprises the ministers for finance, trade and industry, public enterprises, primary industries and energy, asBernama - 205 words
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Article385 1986-06-26 16 FIRST DEPUTY Prime Minister Goh Chok Tong yesterday discussed bilateral relations with President Suharto and said that exchanges of younger civil servants should be stepped up. Mr Goh, in Jakarta on a fiveday visit, said after the meeting that there was "no major problem" between385 words
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Article253 1986-06-26 16 MARGARET THOMAS - By MARGARET THOMAS IN A SERIES of meetings yesterday with US politicians and senior government officials, Brigadier-General Lee Hsien Loong discussed regional political matters and bilateral economic relations between Singapore and America. A Singapore embassy spokesman described the meetings as part of the continuing effort253 words
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Article138 1986-06-26 16 Reuter A FORMER HEAD of the US Central Intelligence Agency has told a Japanese newspaper that Washington will not launch nuclear weapons against the Soviet Union to defend its own allies. Stansfield Turner, who was head of the CIA under President Carter, was quoted yesterday byReuter - 138 words
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Article74 1986-06-26 16 THE BEECHAM GROUP may expand its Singapore operation, investing $32 million in upgrading its technology. The Singapore Broadcasting Corporation quoted Beecham Pharmaceutical's International Division's chairman David McMullen as saying that the government's recent package of incentives would be a major factor in deciding whether to build a74 words
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Article, Illustration383 1986-06-26 16 FOO CHOY PENG - By FOO CHOY PENG AMID REPORTS that the US is moving to put pressure on Seoul to appreciate the Korean won to curb its exports, Prime Minister Lee Kuan Yew will meet President Chun Doo-Hwan today for talks in which protectionism will feature prominently.383 words
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Article76 1986-06-26 16 Reuter COMEX GOLD futures yesterday improved on Tuesday night's rally, bolstered by signs of another large jump in livestock prices on the Chicago Mercantile Exchange and revived inflationary expectations. Gold for delivery in August made rose US$2.3O to U*****.50 an ounce. On Tuesday, that key month rose US$l.9O.Reuter - 76 words
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Article57 1986-06-26 16 Reuter WALL STREET stocks pushed higher in moderate trading yesterday, continuing the rally of the previous session. Analysts said prospects for lower interest rates are providing the stimulus for financial stocks. The Dow Jones Industrial Average rose six to 1882. Advances led declines by a two-one marginReuter - 57 words
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LATE FILE
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Article48 1986-06-26 16 AFP THE US SENATE has overwhelmingly approved a proposed Bill on tax reform which President Reagan had championed as one of the main objectives of his second term in office. Approved 97-3, the Bill aims at reducing individual income-tax and increasing corporate tax. AFPAFP - 48 words
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60 1986-06-26 16 AFP ECONOMIC sanctions and disinvestment could turn South Africa into an "economic wasteland", according to the outgoing president of the Chamber of Mines. Clive Knobbs said that South Africa might already have made more progress in loosening its apartheid policies had the outside worldAFP - 60 words
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40 1986-06-26 16 Reuter THE US yesterday handed over US$2OO million to help ease the Philippines' economic plight. Vice-President and Foreign Minister Salvador Laurel expressed warm gratitude to US Secretary of State George Shultz (or the money. ReuterReuter - 40 words
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Article29 1986-06-26 16 AP ADMIRAL Tsou Ching, one of three vice-chiefs of the Taiwanese military general staff, has been named Taiwan's new ambassador to South Korea. APAP - 29 words
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Article71 1986-06-26 16 Reuter YOUNG Sri Lankan men and women who want to commit suicide should instead join the armed forces and lay down their lives for their country. Coroner PK Meegahamulasena said in delivering a verdict of suicide on a 27-year-old man who had swallowed insecticideReuter - 71 words
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Page 16 Advertisements
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Advertisement574 1986-06-26 16 EXECUTIVE ~DEVELOPMENT PROGRAMME'S September 7 -20, 1986 1 Kuan tan Hyatt, Malaysia What The Programme Offers The Programme is an intensive course for executives drawn from the middle and upper levels of management. It is designed to broaden individuals' professional perspectives and to improve the knowledge, <kill< and perceptions required574 words
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Advertisement195 1986-06-26 16 ■M Mm m am m ■■r Li t± !Mju N I V-CHANNEI To minimize reorfoot motion COUNTER REINFORCE* Prevent counter breakdown, odd reorfoot motion Hjftnfotg shoe, cushioning, it's the you'll ev*»r mob. i I-DENSITY COMPRESSION MOLDED EVA Deliver ultimate in cushioning and EVA OUTSOIE Increase durability UP TO 31 Ml.195 words
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Page 16 Miscellaneous
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Miscellaneous52 1986-06-26 16 Outlook for today: Fair, with showers over o few areas. Report for 24 hours prior to 7.30pm on June 25 at the airport: Maximum temperature 33.2 Associated humidity 57 Minimum temperature 28.0 Associated humidity 88 Hours of sunshine 8.30 Roinfall in millimetres nil Roinfall this month 75.0 Rainy days this52 words
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SHIPPING TIMES
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155 1986-06-26 17 Kingsley Wood - By Kingsley Wood AFTER A SERIES of meetings with ANL executives, the Officers Merchant Service Guild has agreed there can be no criticism about security on board the Anro Australia which came under pirate attack two Sundays ago. National secretary Mr Mike Fleming said155 words
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574 1986-06-26 17 LINDA CHEE - By LINDA CHEE ASIAN FREIGHT rates are generally holding firm in the current tanker market despite a slackening in worldscales all over the world since May. Brokers are at odds over how much rates will slide back to the old lows but say574 words
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240 1986-06-26 17 Reuter AN ADVISORY panel to the Japanese Transport Minister has recommended that Japanese shipyards reorganise and cut 20 per cent from their excess building capacity by March, 1968, to help them survive the world shipbuilding recession. Such a recommendation in Japan meansReuter - 240 words
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PORT SIDES
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Article60 1986-06-26 17 Reuter AN OIL SPILL caused serious pollution at Cuba's deep-water port of Cienfuegos, 200 kilometres southeast of Havana, the official news agency Ain said. A pipeline broke as the Soviet tanker Lukbovitsky was unloading, releasing 1,265 tonnes of fuel oil into Cienfuegos bay, it said.Reuter - 60 words
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Article91 1986-06-26 17 AFP DANISH PREMIER Poul Schlueter has written personally to the West German group MAN, asking it to keep open its Danish marine engine subsidiary MAN-BW Diesel. The plant in Copenhagen, employing a staff of 500, appears heading for closure due to the slump in DanishAFP - 91 words
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Article88 1986-06-26 17 AFP A WATERSIDE trade union has imposed a weeklong ban on the loading of a South African container ship in Sydney in protest against the state of emergency in South Africa, a union spokesman said. The spokesman for the Waterside Workers' Federation (WWF) said it alsoAFP - 88 words
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Article113 1986-06-26 17 AP A PHILIPPINE OIL tanker that was attacked by Iranian helicopter gunships has arrived at the port of Dubai for repairs, Gulf-based shipping sources said. The helicopter fired two rockets at the tanker Diego Silang on Monday as the ship cruised the waters 29 kmsAP - 113 words
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Article1331 1986-06-26 18 FAIRLY ACTIVE timecharter fixing featured an otherwise dull freight market on Tuesday with still no significant iron ore or coal chartering seen, shipbrokers said. Timecharterers fixed a 22,000 tonner from New South Wales to Malaysia at $3,000 daily while $2,500 daily was paid for a 26,000 tonner from1,331 words
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1400 1986-06-26 18 ECONOMICS AND politics are strong influences on port development and intermodal transport in the Arab world. The protracted Iraq-Iran conflict in particular has produced a sharp drop in cargo volumes. While selected ports continue to share transhipment traffic prospects look bleak as1,400 words
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185 1986-06-26 18 AP A SOVIET delegation has visited the Pacific island nation of Vanuatu seeking fishing rights, port privileges and airline landing rights, according to a Communique issued on Tuesday. The joint Vanuatu-Soviet statement said the three officials requested Soviet rights to tuna fishing in Vanuatu'sAP - 185 words
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Article659 1986-06-26 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 A PC Line V 4 APL III 2/3 ASCL in 1 Bait-Canada Line VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS N 4/5 Ben Line659 words
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312 1986-06-26 18 FT BERMUDA-BASED Sea Containers which expects to report a loss in its second quarter has temporarily delayed plans to take over its financially troubled Seaco affiliate. Mr James Sherwood, president of Sea Containers, said at the annual general meeting in New YorkFT - 312 words
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452 1986-06-26 18 AFP FRANCE'S leading shipbuilder, Normed (Chantiers du Nord et de La Mediterranee), Tuesday declared itself insolvent and said it would make a formal statement before a commercial court in Paris. A private group, employing 6,800 workers at three locations, Normed was a victim ofAFP - 452 words
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Article175 1986-06-26 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 EABT/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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465 1986-06-26 19 UPI A REVISED restructuring plan for the financially troubled Wah Kwong Shipping and Investment Co Ltd should be in the hands of major creditors by late next week, sources said. Bankers acknowledged several "critical" issues are outstanding but expressed confidenceUPI - 465 words
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558 1986-06-26 19 Lloyd's List FRENCH state-owned shipping company Compagnie Generale Maritime (CGM) has set itself a target of reaching breakeven by 1968 at the latest and operating without state financial support. CGM, which is to make liner operations a priority, intends to channelLloyd's List - 558 words
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217 1986-06-26 19 Kinglsey Wood - By Kinglsey Wood ONE OF THE WORLD'S richest men the Saudi 1 Arabian magnate Mr Ghaith Pharaon, has 1 signed a million dollar deal with Perth-based Un- j derwater Systems Australia Ltd (USAL) (or the purchase of its underwa- ter robots.217 words
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Article256 1986-06-26 19 Argentina June 16 Beunos Aires Waiting time up to 10 days. Auetralia June 16 Sydney 5 vessels operating; Melbourne Normal operation. Columbia June 16 Beunaventura Waiting time of 1 day. Bengledeeh June 1« Chalna 15 vessels operating; Chittagong 20 vessels operating. Brazil June 16 Santos Normal operation. Cameroon256 words
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128 1986-06-26 19 THOMAS M KELLY, vice-president of the Pacific division (or Lykes Bros Steamship since 1963, has Joined American President Lines as director of marketing services. Based at APL headquarters in Oakland, he will be responsible for supporting the corporate and held marketing efforts of128 words
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75 1986-06-26 19 AFP NORWEGIAN Coast Guards detained the crew of a boat belonging to the Greenpeace environmental organisation after stopping the ship near the port of Vardoe close to the Soviet border, Greenpeace said. The Greenpeace boat Moby Dick was demon- strating against Norway's hunting of PigmyAFP - 75 words
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Article464 1986-06-26 20 Juno 16-17 Symposium on I maritime activities on the St I Lawrence River and the role of governments. The symposium is sponsored by the St Lawrence j Economic Development Council 1 and to be held in Sept-Iles, Que- 1 bee, Canada. j un« 18-20 Workshop on < the464 words
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8829 1986-06-26 24 aoaBGXIEB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of8,829 words
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Article703 1986-06-26 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Charlotte Ms 8609 266.86 1800 Maersk F5 0900-1000 A2 bumi Persada 20E 26.686 2300 NAPL F7 1400-1500 F3 Tokyo Bay 76/547 27.686 0500 Mansfield F1 1130-1230/2000-2100 Fl703 words
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Article1696 1986-06-26 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprises Pte Ltd Some (St A 6 Shipping Bousteod Shpg Agencies Ateo Line A trie on Shpg Agencies (S) Ahrenkiet Liner Kim Shpg (S) Alfred C Toepter Oceonus ShippmgAgen cies <S) Multiport1,696 words
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Article487 1986-06-26 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival KEPPEL WHARVES Chang Yung K21 Ocean Int alongside Ocean Trader K20 Makjy St alongside St of Na'kmd K17 R Jumabhoy alongside Ned Bohroin K12 Ned-€AC alongside Bintong Sena K25W SSPL 26.6/1300 Frotasantos K18 Merlton 26.6/1700 Jenhol K22 Thong Soon 26.6/0700487 words
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Page 17 Advertisements
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Advertisement848 1986-06-26 17 Concise Comprehensive Contemporary 0041 iwi Dmtributmd by HFEDERAL OOCL Orient OvtujtAS Co»Uum\ LINE STRAITS EUROPE EXPRESS SERVICE JMDK SHPfW AONCCS <R«| No *****4/ (NX) 70 Shenton Way #04-03 Manna House Stfifapore 0207 Id *****11 TEUX NO RS ***** CFS OFFICE TPC #03-029 Tel *****31 and *****32 Terminal oflice TPC #03848 words
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Advertisement68 1986-06-26 17 [ICMDB ECONOMICS AND politics ore strong influences on port development ond intermodol transport in the Arab world. Page II A REVISED restructuring plan for the financially troubled Wah Kwong Shipping and Investment Co Ltd should be in the hands of major creditors by late next week. Page 111 Index to68 words
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Advertisement810 1986-06-26 17 fr AX FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS Voy S" por« EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA •CT 30/t ISOC MB CfS 29/t 7300 HRS Port 27 27/4 VI 44/7 10/7 1111/7 10-10/7 25-25/7 11/1 To810 words
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Page 18 Advertisements
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Advertisement402 1986-06-26 18 YAMASHITA-SHINNIHON UNE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South Wml Feeder at Kao Pacific North Waat Feeder at Kao Atlantic/Canada Feeder at Nagoya Mn.TTTTTMPMTTTPMpa CEIHI!— IDZMIDMIiJIW rwMiMrrTTTiiriliU h■ I HMH I II" Ml" t'im ■fTIfTTI ■iprenTTiiH cncnim IT LCL Cargo for USA Ports. iirTenTTEi 'Portland vto Soottlo MIDDLE EAST Full Container402 words
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Advertisement166 1986-06-26 18 n:^.' Supercarrier Service TO: PANAMA US WC/E t" C. AMERICA 14/1 115/1 121/1 19/« I 29/1 3/9 5/1 11/9 114/9 19/9 21/9 f/lt VW Mm acc*lk| cantn l> Hasten (*J). J Frwcaco. CMBKJM Arntoa. Curacao Bf^ftown St Geofjes. Ooffftowr Rosea C MOCW Puerto Limon. San tese, P» IMM Starttan mi166 words
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Page 19 Advertisements
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Advertisement821 1986-06-26 19 The Straits Steamship Group i Mansfield Container Shipping PteLtd QC!L Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT an or amam fimkfwt evkss TOHOEV9ESS KIT MO MMU LNOPOOI MT ■an ones KONLOOH I*T Abo Accepting Cargo For. M to to821 words
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Advertisement546 1986-06-26 19 Franco Belgian Services ir .»w frrn, f lit /aj i.t nI.I r b .i+tf rn I in* <¥ (MEMBER OF ACE CONSORTIUM) rrm uomc u nkm* nm rum m KOKM MCEJM hi Nrt (23 M 4 14 M ISM 17 M 1)M MM 22 M «CATOI POTVM atmu 2 M546 words
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Page 20 Advertisements
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Advertisement524 1986-06-26 20 JUL Hapag-Lloyd TO CONTINENT/UK EXPORTS haub|e to Uni (testations in Europe tfm LaMtMi MMNGEI HMO 2J/I M TOMB 2/7 4/7 UMBMMMH J/7 11/7 13/7 7/1 Cam Man Mm Im k'wmp 22/7 25/7 27/7 4/1 2J/7 2/1 23/1 11/ l 11/ l 12/t FROM N. CONTINENT &UK IMPORTS ItmHa Lritnrt rtn524 words
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Advertisement76 1986-06-26 20 FULLY CONTAINERISED SERVICE TO EUROPE VIA Member of the Ace Consortium PROM EUROPE VIA SUEZ A Member of the Ace Consortium HJIIY CONTAIN! RISED 10 I ROM NORIM "Mf RICA Af ST COASI nw/wno wssn m mjtm ss cut 4t/*m co m/wm ms. Of SE/lUO UE 22/ CONVENTIONAL SERVICE TO76 words
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Advertisement491 1986-06-26 20 /jf/ ai Sun Hup Co (Pte) Itd TEL *****06 |20 Linesi TLX RS ***** RS 20n72 I \M I R\ \R I IM K. Ill) Eh INTERMARITIME LTD Kmabahi {Sub feeM) Tefc *****0 Mjrtl (Si* ftpM) Tefc (7MOI REUNION/SOUTH AFRICA SERVICE a km sr n n ku ow a a491 words
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Advertisement413 1986-06-26 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST rn fskj Sl/S M MS no i IVI mi no aa mi 1) LONE KM*. OOMB. SM HBO. BOMB. STOCKTON, 8884. I 2) AIUNTA. CMCASO. MRUS QTY. MUAS. MB, 4 ODD WUOt I I) KB413 words
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Advertisement100 1986-06-26 20 o \l US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES uK SUN UNION LINE mi TAIYO MARINE LINE WEST AUSTRALIA SERVICE VS. PT KCIANG SPORE KK FIMNTIE MEL SYD PARARTI LMA 23/6 22/6 1/7 15/7 23/7 27/7 (PHedbnd. GeraMton sut*cl to MKcamt) EAST AUSTRALIA SERVICE100 words
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Page 21 Advertisements
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Advertisement741 1986-06-26 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VtUCI MAJAPAMT GOWA KOTA SMOA SIN JKT 38 Y SIN HKG KAO *TCH KEE BUS *MUR *MTC VOK KOB KEE 30/s in An in 10n 12n 13/7 u/7 I%n itn 21/7 22n741 words
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Advertisement735 1986-06-26 21 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO UK/CONTMENT EXPRESS CONTAINER SERVICE FROM ÜB/COWTICfT HAM IIWVEN RDAM HAVRE STOR PJttMB STORE FOR Frartriart Eiprm SjM M SjAM WhM 28/1 21/1 T*a Eiprru SjM SjM SjM SjM SM 1/7 1/7 MS. TMI Hm Eiprns SjM SjM SjM SjM 25/1 14/7 K/7 *6.735 words
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Advertisement442 1986-06-26 21 ts m a EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pw LOi MAT MAM" Vl5-NB 27-29/4 24/7 TALFMBANr V5-MB 5-7/7 STOK HMO M '9MNMTA *17« 14-11/7 i/t Adam/Adam taa*Vf/Brt*Mn 27/7 39/7 34/7 3/1 LON/TUUtT AWN/TOM KM lt/l 11/1 IC/l STOtt BREMER CDAM/RDAM KMC KUTAT »W 24-34/7 21/1 2/» STW HLBAO442 words
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Advertisement324 1986-06-26 21 BOUSTEAD SHIPPING AGENCIES m *BASSEM ¥71 PA-AA W7W PAGAN VIMN HTONETM -Oulm+tO*, V* BURMA FIVE STAR (Burmese National Um) Loadtof tar Ranfotn rpan Nmri 9a*Mfc 27/H km a/ km 2/4 M VIM 1/3 M 5/7 M BANK LINE WOtnyKD TO UKC SPOK IYYBAIK VI6H 4/7 FORTHMIK VIM IS/7 TAUSALA SAMOA324 words
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Page 22 Advertisements
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Advertisement1173 1986-06-26 22 ECUADOft/PERU/CHILE ASM STM MS SU oranil *1120 Mi \*:"K"line KAWASAKI KISEN KAISHA, LTD. Ms ns spok uk a*t»g«CMUO mka «W» «faoast* sjatomo mimmbo 1 M 2 M 4 M MM 23 IN M*« «S# »S* > 11 70K iok iranßio ac**co rr. qktmiacaaitia uokkootkto rrcwM JUM IT* MS TW m1,173 words
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Advertisement660 1986-06-26 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers ESTEamR *5 27 M CALABAR V 27 10 Auf Sydn Also Accepts INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contahwr* Swfipore P Ketone Penani Loaton tor: "M—or *2» ii km "JO HKMJMT *31M 26 Mi "BMMTEMXT *1* 26 toi DBMM MUMT w» 2 M660 words
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Advertisement502 1986-06-26 22 GOLDEN LINE GUAN GUAM SNPPMG (PIE) LTD 23. W trm Sk—i Mm «1M m iMMt (U IMS) STRAITS/PERSIAN GULF SERVICE: s*n GOUXII an Cotombo Ur** /moat /Mm GOUXN mo Cotoato/Mracii/Ma/Ooka km 0/9 M» M| Fa Cap ti MMI MB I >» lat Bar)* Ik GUAM GUAN SHIPPING SON. BHD. P.502 words
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Advertisement379 1986-06-26 22 4> INTRASEA (PTE) LTD 10 Anson Road «27 16 Internation.t P .»/<• Singapore 0207 Te> *****11 MOL nes <► BREAKBULK SERVICE TO EUROPE/UK m PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI a/i V 7, 11/7 lin, a/7, u• FM-EAST roil I it Pil.' r.J379 words
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Page 23 Advertisements
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Advertisement573 1986-06-26 23 VP.. NPTUf MENCES HI LTD «JU/W" Id lb Wfc. Ton** CfS 900UNGS 279M77 2TK7M 77*5742 27«*77 *****22 *****53 M MKT IMS 27M119 27M116 NEPTUNE ORIENT LINES LTD for mart) lro*M MqMW ptuu erf *****44 KnK SOU M. 36MM7/36M545/36M553/*****26 KXmvmt NEPIM SOU BHD *****71/*****34/*****35 'man, NEPUNE SOU M. *****9/*****5/6276M/627M1/627M2 Mm «wp>|573 words
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Advertisement377 1986-06-26 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON Hi. I Own HM Hi. 7 Own/MM lb. 9 ItiWftiW Hi t Dm/HW N* I DMH/MSN Nr 7 Dm MM sf(*i nanis NfPIUNI AGINCIfS PH 110 M ?im;i ?*****4 (Booking) ???/blO <Uppfjhom I .'???48/ ??(W?B4 i377 words
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Advertisement572 1986-06-26 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SWSOV BWLONG 55, Market Street Sinfapore 0104 Tefc *****33 (15 Lines) TemM Offer *****41/2 Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS 2510S PKELANG PBMMS M/S SHARK*! WW SOON SON. BHD. IST AND 2NO FLOOR. MESSRS NM THONG SMPPBG 127572 words
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Advertisement69 1986-06-26 23 Vf/;/.s/i//v TA L/!\i EASTERN GLORY V2i SaM bM SUN HOPE V.2* bM P2« SCO MMU feJ 12tA 2S/S 1/7 TOSHUM V.IM 2/7 7/7 €mr* swrty Mi Eastern Ovy »2* to WW a 2MJS at Gto PI I 0900-1700 In. Than b* m tartar an* after Wi fate. SHBUSAWA MEBHM ft69 words
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Page 24 Advertisements
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Advertisement407 1986-06-26 24 I REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS VESSEL IVOY WGAK*£ Thu/Fri Sat 2J/S (Dbdurit (My) TUNC HM NO. 2 SEA DRAGON Q3EOI EEJ I pim irri -i TUNG HM NO 2 Tjn TUNG HM NO. 2 u,f> inirta TO SOUTH THAILANO ira li ITniin .B I jE!I RZI407 words
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Page 24 Miscellaneous
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Miscellaneous166 1986-06-26 24 k Regional Weather r, i ;ISI r j ■a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c cT w Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature c X\ A Weather Wind direction with speed m knots a,n Wove height Cloudy Sky Surfoce166 words
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Page 25 Advertisements
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Advertisement115 1986-06-26 25 HSC MEMOES K. LUMPUR f. KEL AUG PQMNG f. GUDANG J. BAHAKU *****M/*****54/*****41/*****93 3S7IU/4 TDMMAi. 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 1! FROM: EUSOtt *S SN IntLS FAR EAST/EUROPE CONTAINER SERVICE| [EJIEUEZMIIM 11 .'"immf 11 .'J'HrofllTTM ALSO ACCEPTMG FOt ■w. Ly uk. Bern, Copenhagen. Oslo ALSO ACCEPTWG FROM EUROPE: mi HAM, GOT.115 words
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Advertisement189 1986-06-26 25 jfs line INTERNATIONAL TBANSOCEAN(MI SDN BHD Weld Quay (?nd fir I ***** Penctng Tpl *****b *****5 Tl* MA***** Tf-SPG Ki« No 64 *****5 COLUMBUS LINE REEDEREI GMBH A SFRVICF Of HAMBURG SUD) EXPRFSS SFMI CONIAINFR SFRVICF TO NORTHBOUND TO UKC FOftTHBAfK VI6N 16/7 TAUSALA SAMOA V 7 31/7 TOANA MUGN189 words
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Advertisement268 1986-06-26 25 DIRECT TO CALCUTTA INDIAN FLAG Singapore NIRVAM RAHNtf 28 Jun* NIRVAN VISHNU 12-15 July MTTYA ARJUN 21-23 July Agents: Skipper Shipping Re Ltd, Pert Kctang 20 Jun* PH: *****49 MEIYA TRADING Jmt 4432*3* FAX; *****4* TLX- R8 SOl** OMOUE DOOR TO DOOR SERVICE r WEEKLY LCL/FCL TO: BANGKOK, LABUAN, JAKARTA,268 words
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Page 26 Advertisements
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Advertisement287 1986-06-26 26 if K&s LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Somerset Road. #06-01. Ng T§ow Yhee Bldg S pore 0923 Tel 235 8444 (4 lines) Pott Kelang Tiga Pina Shipping Srtn Bhd lei 03 *****4 S Ppnaflf Mala»sia Trade K Transport ltd lei 04Sl 7 89 i Pas*287 words
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Advertisement275 1986-06-26 26 m Mitsui OS K Lines Ltd m m CONVENTIONAL/SEMI-CONTAINER APOLLO PEAK MORNING GRACE GLORIA PEAK Port Louis, Reunion Mombasa. Daressalaam Port Louis, Reunion AFRICA'S N—- FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY, FRIDAY ADVERTISEMENT. ALTAI MARU 13 Jul P. Noire. Abidjan. Buchanan. Monrovia. Tema, Apapa. Lome Rmks: Subject Inducement. NEDLLOYD COLOMBO275 words
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