The Business Times, 24 September 1986
1986-09-24
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The Business Times
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Title Section12 1986-09-24 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, SEPTEMBER 24, 1981 75 CENTS12 words
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356 1986-09-24 1 MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad gave a reassurance yesterday that the government would not devalue the ringgit since such a move would not benefit the country but would eventually lead to inflation. He warned bankers that they would merely "burn their fingers"356 words
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Article, Illustration542 1986-09-24 1 GOH YEE LING - Franchisee Cookmate ready to sell By GOH YEE LING AFTER PILING UP losses of about $3.5 million in only two years of trading, the Big Rooster franchisee in Singapore, Cookmate Pte Ltd, is ready to sell the franchise and go into voluntary542 words
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Article169 1986-09-24 1 THE POST Office Savings Bank will cut its deposit rates by one-half to three-quarter percentage point from Oct 1, taking the rates to their lowest levels since the POSB became a statutory board in 1972. The national savings bank will pay 3.75 per cent for balances169 words
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569 1986-09-24 1 MONICA GWEE - By MONICA GWEE INDIAN NATIONALS visiting Singapore will soon need visas in a "last resort" action by the Ministry of Home Affairs to stem the entry of illegal immigrants and overstayers from India. The ministry yesterday emphasised that its intention was not569 words
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Article, Illustration407 1986-09-24 1 BARGAIN-HUNTERS and punters returned to the stock market yesterday but not in their usual exuberant mood. There were occasional dips, reflecting a slightly hesitant investment community. Volume, however, picked up to 17.19 million shares worth $44.71 million from Monday's inactive trading of U. 69 million units407 words
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326 1986-09-24 1 Reuter PREMIER YU KUO-HWA signalled yesterday that Taiwan was ready to play a wider role in the international economy and hinted at a more flexible policy towards China. Addressing the opening meeting of a new session of Parliament, Mr Yu reiterated hisReuter - 326 words
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Article116 1986-09-24 1 Reuter TAIWAN, which depends heavily on imported energy, will join South Korea in exploring for offshore oil in Malaysia. A Chinese Petroleum Corporation spokesman said in Taipei yesterday that the planned fiveyear joint-venture agreement with Samsung of South Korea would give State-owned CPC aReuter - 116 words
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Page 1 Advertisements
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Advertisement244 1986-09-24 1 A Vjbvtffcjrv of Amt% Ooti> of ConpMn <08 Mrtn Read. »06-0> 9wfl«por» Wwtat. Singapore oa?3 T«l 7339M8 Tatox RS ***** Cabt* "ALEXKO" The Sunday Timet, Sep 21, (986 MALAYSIAN Finance Minister Daim Zainuddin has reacted swiftly to a directive announced last week barring Cabinet members and politicians in government posts244 words
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Advertisement252 1986-09-24 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV 1 RADIO BRISTOW DOONESBURY OUR VIEW THE MOST SIGNIFICANT aspect of the disarmament accord just signed in Stockholm is the mandatory on-site inspection of troop movements it establishes. The agreement will come to fruition if the element of trust it252 words
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Advertisement205 1986-09-24 1 BALLY cf SmtzrrliinJ >>u <•,'< !i:t i *;.hli Soto Agant: 8.0. Panvtl ft Son (Pl»| Ltd. Singapore Full report, Pag« 15 Intl stocks, Pago 12 Asian stocks, Pago 13 Shipping Timaa comet as a aaparata taction today. Maka aura you gat your copy. You make the choice. We make the205 words
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HOME NEWS
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Article700 1986-09-24 2 LUCY NG - Nightclub witness denies there were major renovations HOTEL NEW £4$ WORLDS INQUIRY By LUCY NG THERE WERE SOUNDS from two cracking pillars the night before Hotel New World collapsed, the Commission of Inquiry heard yesterday. Mr Philip Law, 36, manager of the nightclub on the second700 words
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Article, Illustration384 1986-09-24 2 G RAMACHANDHRAN, the managing director of PGovindasamy Pillai Sons, was elected the president of the Singapore Federation of Chambers of Commerce and Industry (SFCCI) at its Bth annual general meeting yesterday. He was the only candidate nominated to succeed Lim Kee Ming, who had served384 words
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289 1986-09-24 3 WHIPPED CREAM and 11 other pre-packed foods will have to carry expiry dates from next Monday, when the amendments to the Food Regulations come into effect. The dozen foods were selected by the Environment Ministry's Food Control Department based on records of public289 words
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121 1986-09-24 3 THE CONTROVERSY surrounding the decision of the Housing and Development Board not to buy back HUDC flats is to be raised in Parliament. Dr Koh Lam Soon, Member of Parliament for Telok Blangah, has submitted two questions to Minister121 words
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Article, Illustration329 1986-09-24 3 LIM SOON NEO - By LIM SOON NEO ISRAEL is keen to open up the air-lanes from Singapore as a way of increasing the number of visitors from East Asian and Pacific countries, it was disclosed by the Israeli Tourism and Justice Minister Abraham Sharir last night.329 words
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336 1986-09-24 3 NOW IS A tremendous time for travellers to come to Asia, a retired American admiral who once commanded the Pacific fleet told Asta delegates yesterday. "By virtually any measure," said Admiral Thomas B Hayward at the second day of the 56th American Society336 words
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Page 2 Advertisements
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Advertisement287 1986-09-24 2 WHO SAYS SINGAPORE HAS NO NATURAL RESOURCES? OUR HUMAN RESOURCES ARE OUR GREATEST ASSETS! MANAGIHG YOUR HUMAN RESOURCES Until now, if you wanted to manage your Human Resources better with a flexible and powerful Human Resources System you might have needed: a large mainframe computer. a Data Base Management System.287 words
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Page 3 Advertisements
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Advertisement241 1986-09-24 3 Vk halved our order fulfillment time through a working partnership with HP. "At SGS Semiconductor (Pte) Ltd in Singapore, the HP 3000 computer system has streamlined Vl order processing and halved the cycle time between receiving an order and delivery of the goods." SGS Semiconductor (Pte) is an international manufacturer241 words
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Page 3 Miscellaneous
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Miscellaneous1224 1986-09-24 3 to (md mm PETER THE GREAT 9.30pm, Channel 5 During his tour of Europe, Peter works in the shipyards of Amsterdam and meets King William 111, played by Laurence Olivier (right) and Sir Isaac Newton (Trevor Howard) in England. Meanwhile, Eudoxia's increasingly bitter feelings about her husband and Sukhorukov's artful1,224 words
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Page 4 Advertisements
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Advertisement185 1986-09-24 4 1 Congratulations Cathay Pacific Airways on your 40th Birthday JET CI Air Express International Singapore (Pte) Ltd. Block A. Airport Cargo Road 42 -03. Cargo Agents Building, Singapore 1781. CONCORD WEXPRESS atmnncr wwt w* Concord Express Blk A 12-01 Cargo Agents Building.Airport Cargo Road Singapore 1781 Dart Express (S) Pte185 words
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ASIA-PACIFIC
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174 1986-09-24 5 AP WORKERS in Indonesia would not be allowed to hold strikes or slowdowns to demand higher wages following the recent devaluation of the country's currency, Indonesian Labour Minister Sudomo said on Monday. Mr Sudomo made the announcement in Jakarta after meeting labour union officialAP - 174 words
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Article764 1986-09-24 5 ARRIVALS Operator Sorvico number Locol time From SIA UA SIA RBA MAS SIA KAL MAS MAS SIA CPA RBA GIA SIA SAS UB SIA SIA THAI CAL MAS GIA SIA SIA AY GIA GIA SIA SIA RBA SIA SIA THAI THAI CPA KLM GIA MAS Al MAS764 words
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310 1986-09-24 5 FT CHINESE authorities have reported an increase in the number of sub-stan-dard imports this year, but did not specify from which countries the poor quality products were bought. Diplomats believe the inmu» of sub-standard imports has political significance as some Chinese officials are hesitantFT - 310 words
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151 1986-09-24 5 Reuter JAPANESE Prime Minister Yasuhiro Nakasone was reported yesterday as saying that the average level of knowledge in the US was far less than in Japan because of the Blacks, Puerto Ricans and Mexicans living in the US. The Tokyo Shimbun quoted MrReuter - 151 words
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361 1986-09-24 5 FT JAPAN has accepted a statement issued on behalf of the world's main trading nations that implicitly blames its manufacturing export surpluses for creating serious world trade problems. The statement came after the launch in Uruguay of a new round of negotiations withinFT - 361 words
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Article190 1986-09-24 5 Reuter NEW ZEALAND has not lost any significant intelligence on the South Pacific region through the cut in defence ties with the US, says a government official. Gerald Hensley, permanent head of the Prime Minister's Department, told a parliamentary committee yesterday that there were no important gapsReuter - 190 words
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Article, Illustration439 1986-09-24 5 AP PHILIPPINE PRESIDENT Corazon Aquino says that human rights have been restored in the Philippines following its liberation from "the oppression and corruption" of the Marcos government. "There are many ways to run a country, but there is only one way to treat people: withAP - 439 words
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Page 5 Advertisements
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Advertisement156 1986-09-24 5 LONDON The business person's choice, every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:00 hours and arriving at Heathrow at 06:50 hours the following morning. Call Air Canada at *****55 or your Travel Agent. AIR CANADA® One word that means a great deal in anyone's language: Hertz. Travelling156 words
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Advertisement318 1986-09-24 5 Only the very dedicated CAN MAKE HISTORY. S2f* W A fit f 1 m Royal Oak, extra~thtn, water 'resistant to 50 meters. BA *****/677 BA—SSI6,7SO (Ladies) SA *****/477 SA 559,500 (Gents) In 1909, Ettore Bu- went beyond anything Today, the proud gatti built the first four- that had been seen318 words
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Advertisement7 1986-09-24 5 Americans succumb to Cory's spol, Pago 77 words
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Page 5 Miscellaneous
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Miscellaneous53 1986-09-24 5 Doonesbury HR.ROeeFWTH&tARS MILLIONS OFAMBAJCANS HJHO, FRANKLY, ARSMAPE A UmaNBUOUSWAMAH HJHO HAS PBTAILtP, pwmcDweßSAnoNswrmGOP. ?e 1 yr/ 00 YOU THINK YOU CAN OWER- COME... UJHATTS THAT? r <92 W <3 L. 11 i BY GARRY TRUDEAU YOU9AY BETTER I*** SfTDOUN. StOtULY tSWSK* THYiMLL BEDONB. ±M NOT TALKING TO YOU. Wa >53 words
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REST OF THE WORLD
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Article385 1986-09-24 6 Report urges two-pronged fiscal and monetary approach FT EUROPEAN governments have been urged by an international group of economists to organise a simultaneous relaxation of fiscal policies and coordinated monetary expansion as part of a strategy to cut unemployment to an average of 5 per cent.FT - 385 words
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267 1986-09-24 6 Reuter LATIN AMERICAN economic leaders, meeting in Panama to set strategy for this week's annual meetings of the World Bank and International Monetary Fund, have been warned of more hard times ahead for their debt-ridden nations. The warning came in a sobering speechReuter - 267 words
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451 1986-09-24 6 AP AN AMERICAN financial magazine says Japan has replaced the US as the most creditworthy nation in the world in the opinion of international bankers. The September issue of Institutional Investor says that bankers polled for its semi-annual country credit ratings survey "haveAP - 451 words
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258 1986-09-24 6 AP THE HOUSE of Representatives has voted to bar the US government's ExportImport Rank from financing sales to 12 countries designated as Marxist-Le-ninist. The Bill, which also extended the bank's authority for six years, would specifically bar the hank from financing shipmentsAP - 258 words
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119 1986-09-24 6 Reuter THE WORLD Health Or-, ganisatlon (WHO) has predicted projected cuts in the US contribution would create a US$35 million shortfall in the current two-year budget of the UN agency. But Mr Half dan Mahler, WHO director general, said President ReaganReuter - 119 words
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385 1986-09-24 6 UPI FEELING depressed when the weekend is over is a common phenomenon, but a new study indicates that Monday morning blues don't Just affect people who dislike their Jobs. "Certainly Job dissatisfaction has a lot to do with it, but it's not theUPI - 385 words
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Page 6 Advertisements
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Advertisement216 1986-09-24 6 c&c Computers and Communications The Simple FAX a mffifeim wMtSi ■y S A ~.v. v.. <* -Mr t Wr% f P-tS m If you want a fax but think you don't have room for one, it's time to think again. NEFAX-11 gives you the speed you need to cut communications216 words
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Advertisement88 1986-09-24 6 3 as n R Succulent Live Seafood Lunch Dinner Daily A fathomless array of aquat'C delights fresh from the tank Exquisitely prepared and at prices so affordable Live Prawns 56 per I OOgm Live Lobster 56 per I OOgm Live Garoupa $"> per I OOgm Live Seabass $4 SO per88 words
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WORLD BACKGROUND
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Article, Illustration481 1986-09-24 7 AP THE EAST-WEST security accord hammered out in Stockholm is a significant breakthrough itself, but it is more important for its potential spillover effect on other more crucial arms negotiations. The agreement, reached after more than 32 months of often sterile exchanges among theAP - 481 words
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Article, Illustration594 1986-09-24 7 Reuter TWO MONTHS AGO, Pakistan's opposition alliance confidently presented the government of military President Mohammad Zia Ul-Haq with an ultimatum to announce a date for new elections by Sep 20. As that deadline passed almost unnoticed, the alliance found itself threatened with splits, challenged by rivals,Reuter - 594 words
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654 1986-09-24 7 AFP A TRIUMPHANT President Corazon Aquino of the Philippines left New York on Monday on her way back to Manila, having won the hearts of Americans and establish herself in the eyes of the Reagan administration as a credible and effective leader. Before she came,AFP - 654 words
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Page 7 Advertisements
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Advertisement112 1986-09-24 7 OLYMPICS EUROPEAN CONNECTIONS U «T A WISE CHOICE Frequent and convenient connections from Athens to more than 40 world-wide destinations, including Madrid, Istanbul, Dusseldorf, Marseilles, Milan, Nicosia and Stuggart. For enquiries and reservations, call 225 8877. V TUI a n Bw a r s The International Airline of Greece An112 words
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Advertisement415 1986-09-24 7 ace. iness The prestige of the number one address in the business world. The esteem of the tallest building outside the United States. The efficiency of one of the most technologically advanced office complexes in the world. At OUB Centre, productivity and prestige work hand in hand to give your415 words
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RAW MATERIALS
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Article281 1986-09-24 8 SINGAPORE The market closed easier yesterday with October One RSS buyers quoted at 153.00 cents a kg, down 1.75 cents from Monday. The morning session lost 0.75 cents due to some profit-taking and long liquidation in thin trading. Prices weakened further in quiet afternoon trading on continued profit-taking and281 words
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Article255 1986-09-24 8 RAS prices in S OMti/kg, F08 in k olw NOON CLOS€ 1vyOf* Solon Ityw SsNsit krrt 1 RSS Prompt 193.50 194. SON 193.00 194.00N Int 1 RSS Oct 86 193.50 194.00 193.00 193.50 Int 1 RSS Nov 86 193.00 193.50 192.50 193.00 Int 2 RSS OP 184.00255 words
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Article138 1986-09-24 8 Chineee Produce Exchange Stltn' mom doang prices on Sort 23 (S$/100 kg). Coconut oil Buk FOB 40.00 Old drum FOB 53.00 Now drum FOB 57.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gambier FOB NSW 625.00 1405 00 1289 00 330.00 Copra Mixed Doom)138 words
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Article82 1986-09-24 8 1 i OCT 86 NOV 86 (cu rm it month) (forward month) NOON NOON RAS brM S*n Ivyara SSR 20 170.00 172 00N 170.50 172.50N SSR 50 167.00 169.00N 167.50 169.50N MRELB Bvywt 5>IUn >tl SMRCV 267 50 269.50N 268.50 270 50N SMR L 267.50 269 SON82 words
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Article63 1986-09-24 8 Bangkok (USS/tomw, FOf) Broken Rice A-1 Supor 128 A-l Sp*dol 125 Whit* Rice C-l Special unq C-l Ord Loonzain Rice 100% 1st doss 100% 2nd doss 255 220 100% 3rd doss 215 100% 1st grod* una 5% 205 100% 2nd grod* 215 10% 200 100% 3rd grod* unq 15%63 words
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Article108 1986-09-24 8 THE PRICE af Hm sn the Knls lj f* Hi Market retreated seven eents ts Mf14.1l per kg jesterday sn lark sf sustained Tlrtpeai hsyers withdrew following the fall In sterling against if L|.L tm nattily wiici reniv ed In tie KLTM prlee shewing n sflgkt pretnlam ever108 words
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Article96 1986-09-24 8 OIL PRODUCTS KEROSENE PRICES fell on the Asian petroleum products market as suppliers came onto the scene. Most other products we are quiet with Tokyo on nou1 1 3 '1 1 3 wen H and 12 a tonne after a Closing prices for crude (fob origin) US$/borrei Change Dubai (Oct)96 words
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Article221 1986-09-24 8 SOYBEAN FUTURES on the Chicago Board of Trade closed down V« US cent a bushel on Monday to up 2V« centa after failing to maintain early highs. Widespread rains over the weekend, threatening to delay crop movement and exacerbate any nearby pre-harvest tightness, prompted a higher open which was221 words
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Article153 1986-09-24 8 MALAYSIAN crude palm oil price* closed off the day's highs yesterday on late renewed selling and profit-taking following lower offers to Pakistan which was seeking 12,000 tonnes of RBD palm oil for last half November shipment. September deliveries in the central region rose MJ7.50 to MJ467.50 a tonne153 words
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Article514 1986-09-24 8 COFFEE Robust* futures closed on Monday between £15 and £35 higher than last Friday in a quiet market, mainly supported by weaker sterling and bullish New York prices. Second position November closed at £2,510, £25 up from last Friday. Volume was 4,469 with 1,478 SUGAR Raw futures closed514 words
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Article226 1986-09-24 8 WHEAT FUTURES on the Chicago Board of Trade closed on or near the day's lows on Monday, down 4V« US cents a bushel in the nearby December to unchanged on the bid in the September. December settled at USt2.S7V« after posting a six-cent range on the day. A poor226 words
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Page 8 Advertisements
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Advertisement450 1986-09-24 8 Computers and Communications -j Still sacrificing power for compatibility? The task of finding the type of quality PC you want becomes increasingly difficult as more IBM-AT compatible personal computers appear on the market. Assessing one model's performance features against another is a challenging and complex task. Now with the exceptional450 words
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TRAINING & DEVELOPMENT
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Article337 1986-09-24 9 Seminars and d 15-17 J anuar y 1987 World Trade Centre, Courses 1 ELECTNMCS ran KATONA1. SECURITY asm 87 Singapore. DURATION TITLE VENUE ORGANISER TELEPHONE Oct 6-8 Speaking and Notional National *****34 Presentation Excellence Productivity Productivity Board Board Oct 6*7 Plant Maintenance National National *****34 Management Productivity Productivity337 words
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267 1986-09-24 9 ANNA TEO - By ANNA TEO THE NEW training programmes lined up by the Singapore Society of Accountants is a move to provide practical skills for the profession, particularly those from the 400-odd public accounting firms. New graduates, who step into the world of auditing armed with267 words
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Article, Illustration579 1986-09-24 9 LISA LEE - By LISA LEE ABOUT 30 TRAINEES from Shanghai will be taught the finer points of hotel management at the Hilton International Asian training centre in Singapore. This training stint is to get them ready for the opening of the Shanghai Hilton in July next year.579 words
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Page 9 Advertisements
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Advertisement447 1986-09-24 9 Computers and Communications ,V J^gL v >> CStill sacrificing speed for compatibility? Speed performance has never been of such critical importance than today. Now there's no need to sacrifice the speed you want for AT compatibility. You spend more time thinking and less time waiting with the new NEC APCIV.447 words
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FEATURES
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Article485 1986-09-24 10 THE NIGHT WHEN ULYSSES, the legendary Greek traveller, returned home to Ithaca 20 years after he had sailed to war, the goddess Athena held back the dawn so that he could stay longer in the arms of his wife Penelope, that equally legendary paragon of virtue, who485 words
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Article, Illustration988 1986-09-24 10 WALTER MILLER - Japan has selected aerospace as a strategic industry and is helping companies in forming joint ventures with foreign manufacturers to produce planes and parts, reports WALTER MILLER. WALTER MILLER NYT FROM THE ASHES of factories which produced the deadly zero fighter plane of WorldNYT - 988 words
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Page 10 Advertisements
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Advertisement421 1986-09-24 10 Computers and Communications Still sacrificing price for power? Contrary to popular belief, the most technologically advanced personal computer complete with the latest powerful hi-tech features, needn't always cost the earth. Especially NEC's impressive new APCIV. Incorporating the latest electronic technology to make it more productive and less expensive, the APC421 words
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Page 10 Miscellaneous
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Miscellaneous33 1986-09-24 10 BliStcw: Ran&lfccfcers CfNNi you Do somerHiNG rbout or THGSG TROUSERS CPiN YOU ROUGMGN IT P> 6IT? UJHPtf DO YOU HfVe in pwd? I«ll! f ITS SO SHINY 1 Ke£P SUPPING \oFF my cupiig33 words
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SPORTS
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405 1986-09-24 11 AP TENNIS STAR Martina Navratilova testified in New York on Monday that a photographer who is suing her had embarrassed or harassed her on at least two occasions before she took his camera and exposed his film in 1962. Navratilova took the stand in theAP - 405 words
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Article149 1986-09-24 11 UPI RENAULT, the first company to enter a car with a turbo-charged engine in a Formula One car race, announced on Monday it would withdraw completely from Formula One racing next season. The French car maker, which withdrew the official Renault team last yearUPI - 149 words
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265 1986-09-24 11 AFP THE AMERICANS may be the top seeds and favourites to win the Dunhill Golf Cup in St Andrews, Scotland, this week, but the Australians are certain to make them fight all the way to justify that status. Being the holders, theyAFP - 265 words
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Article, Illustration459 1986-09-24 11 Agencies KATSUNORI FUJIWARA of Japan picked up his third gold swimming medal at the Asian Games by winning the men's 100 m freestyle in a new Games record of 51.56 seconds. Fujiwara, with the 200 m freestyle and 4x200m freestyle relay gold medals already inAgencies - 459 words
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204 1986-09-24 11 AFP STEVE DAVIS, the world's leading snooker player, suffered a shock defeat at the hands of fellow Englishman Willie Thome in the inaugural final of the Matchroom Championship in Southend, England. The world number seven took the £50,000 first prize with a 10-9 victoryAFP - 204 words
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Page 11 Advertisements
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Advertisement536 1986-09-24 11 £iii Computers and Communications m Still sacrificing support for price? It is false economy to believe that you can buy the kind of quality personal computer you want at rock bottom pnces. Those available at the cheaper end of the scale will never give you the level of support you536 words
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Page 11 Miscellaneous
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Miscellaneous664 1986-09-24 11 TCKWKMjQB SGBMiKM) CRYPTIC PUZZLE ACROSS 1 Surname of one possibly bom out West (5) 6 Place of rest where one can get a leg of duck? (5) 9 The historic chorocter of Tottenhom (7) 10 A damp one is disappointing (5) 11 Drink for a Sponish hero and monarch (5)664 words
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INTERNATIONAL STOCKS
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Article347 1986-09-24 12 Reuter THE FRENZIED buying of USX Corp stock by some of America's best-knowtj financiers is expected to speed up a long-awaited restructuring of the Pitts-burgh-based energy and steel company, according to analysts. Yesterday, as its stock continued to change hands at a hectic pace,Reuter - 347 words
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183 1986-09-24 12 UPI THE PATHFINDER prospectus (or a £200 million private placing, the next financing stage of the Eurotunnel cross-Channel link, will be published within the next 10 days, merchant bankers Morgan Grenfell has said. "Impact day" when the actual terms will be disclosedUPI - 183 words
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295 1986-09-24 12 Reuter WALL STREET staged a longawaited technical rebound on Monday as bargain hunters drove up prices of stocks that had been battered in the past two weeks. The Dow Jones Industrial Average rose 30.80 to 1793.45. The New York Stock Exchange Composite IndexReuter - 295 words
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Article128 1986-09-24 12 Sff 22 AMto a 23* Imp Oil a A hco kit Prow Pip« 46* 19* 41* 19* 1 Akon Alum Algoma Stl 45 13* Karr Addnon 17* Bonk Novo Scotn 15* Mcmd Bkf 35* unch Bank Of Montreal B«< Canodo 31* 37* Motson A 25* Bp Rmoutcm 33* Broscan128 words
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Article195 1986-09-24 12 Sf r 22 Truit Bk 140 60 -5 -10 IHOUSTtlALS Wooltru 1425 50 A Alpha Ab«fcom 290 1375 inch MININGS 7100 -300 +10 ***** unch 5400 75 Bhrvoof 2500 -75 Bartowi 2125 25 BuHeh ***** -600 C G Smith 3025 300 25 20 Corn Gold 3500 -200 1325 25195 words
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Article678 1986-09-24 12 S€P 22 US$ 32* 4* Alcoa 38* Alag Intl Aftad S«g AM Storm Ak-Chalmar* Am Brandt Inc Am Can Co Am Cyanomd Am Else Pwr Am Exprau Am Horn* Prod Am Motor* Cp Amox he Amaroda Ha*» Amoco Corp Amr Corp Aimco Inc Atarco he AM RxhMd 19*678 words
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Article864 1986-09-24 12 Amsterdam SEP 22 Fh ABN 552 00 -1-5 Aagon Ahold 99 50 32 9100 +19 149 20 +12 151 60 +0 1 AMfV Amro Bank A» Stod 75 50 +17 95 80 +15 127 10 +1 38 80 +1 Bote 161 00 -I 5 Borvjm, Buahrman Tattaroda 122864 words
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Page 12 Advertisements
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Advertisement537 1986-09-24 12 I n <3 4 iter* to wim, diae Had. eatertala Wholesome, fresh, sumptuous and all you can eat... there is nothing more nutritious and better value for lunch than the QtiUa cuidQtvejena at Baron's Table. 1 n From a buffet spread of cold cuts, salads and soup to tender, succulent537 words
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Advertisement131 1986-09-24 12 London stock* on Pago 17 That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is free And every night at 8 pm except Sundays VTB Wizard comes on with its dynamic131 words
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ASIAN STOCKS
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Article366 1986-09-24 13 HONGKONG: Share prices closed sharply higher yesterday on strong overseas institutional demand in heavy trading. The Hang Seng Index rose 39 points to 1,992.60, just below the record 1,997.92 set on September 11. The Hong Kong Index climbed 23.84 to 1,254.63. Turnover rose HK5222.1 million to $560.58. Brokers said366 words
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Article249 1986-09-24 13 Sir 23 AM Sincara Mu» Asm C «mont KT 1 56 23 40 31.60 -0 03 0.1 0.2 Kuochan Da* Lh Chang Yuan Cham Indus Lion Hwo Mm Nan Ya Pta* 2000 31 00 1095 33 40 19 40 +0 1 +0.4 -0.1 unch -0 1 Chang H«ro Bar*249 words
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Article480 1986-09-24 13 SYDNEY: Share markets closed stronger in heavy trading, particularly among leading industrial and gold stocks, brokers said. They said interest focussed on ACI International Ltd following a placement near the close of more than 3.9 million shares at A 53.66 per share. Brokers speculated the buyer was Westfield Capital480 words
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Article64 1986-09-24 13 SEP 23 Acoi> Mining Anglo Phi Paaat 0002 unch Onantal B Phi Ovar*aa* PMax B 0 016 unch 0.017 mch 0 40 -0.01 PLDT 262.50 -2 5 Gold Bovc Patroiaum Banguat Con. B 0 0012 -0 0002 120 inch San Miguat B Saofront Sana Darby 72 unch 0001 -000964 words
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Article116 1986-09-24 13 S£F 23 Wot Kangwan Ind Km Motor 1020 1899 •10 -36 Chad Sugar 1870 -32 Doe*m M Daewoo Corp 581 ni2 -17 18 Korea Lang Term 1450 10 Daewoo Heavy DaaMn Secuntie» Dong Ah Phar Dong Suh Stock 1380 2531 855 1410 1670 -5 30 •5 -40 •IS Omental116 words
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Article161 1986-09-24 13 Reuter BANGKOK: The Securities Exchange of Thailand Index slipped 0.56 to 155.99 while the turnover amounted to 284,480 shares valued at 50.2 million bath Reuter Tokyo markat was closad for Autumnal Equinox Day. str 23 Ao Khom Thai Uh Siam Cement Sam Citizen* Saam Citizens Leawig 711 tut> upReuter - 161 words
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157 1986-09-24 13 Reuter SOUTH KOREA has ordered 11 companies to acquire 17 financially troubled companies under the government's industrial realignment programme, but plans no more such forced mergers this year. Finance ministry officials in Seoul said yesterday that banks will provide soft loans to the merged entities,Reuter - 157 words
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101 1986-09-24 13 AP SUMITOMO Electric Industries Ltd, Japan's largest maker of electric wires and cables, is to build a wire factory in Kentucky by Aug 1987 at a total investment of 2.5 billion yen (US$l6 million). A Sumitomo official, speaking in Tokyo onAP - 101 words
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634 1986-09-24 13 NEC forms marketing venture with Honeywell Reuter THE JAPANESE are challenging the US lead in the small but lucrative market for super computers, the world's fastest machines. Last week, Japanese electronics giant NEC Corp signed an agreement with Honeywell Inc to formReuter - 634 words
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153 1986-09-24 13 UPI TOYOTA Motor Corp is planning to resume car production in the Philippines after a three-year suspension through a buy-out of its former Joint venture factory. Quoting Toyota sources, the Kyodo News Service and the Nihon Keizai Shim bun, an authoritative economic daily, said Japan'sUPI - 153 words
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80 1986-09-24 13 Reuter ORIENT Overseas (Holdings) Ltd said a Hongkong court has adjourned a hearing of a petition filed by Credit Commercial de France to wind up the company. It said no date has been set for a further hearing and that progress is continuing with efforts toReuter - 80 words
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Page 13 Advertisements
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Advertisement112 1986-09-24 13 to via dim aai eiMii m? Sunset Serenade (spm-Bpm) S£SJ« Sam Gan and his Combo Evergreen songs of the sffs and 60's for your listening pleasure! A cosy atmosphere. With a heart-melting band! Let Sam Gan and his Combo serenade you and play your nostalgic requests! For one month only!112 words
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Advertisement132 1986-09-24 13 is, I 9 >• Your evening begins... .at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and triends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while bottle buyers pay only132 words
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Advertisement148 1986-09-24 13 Peranakan Buffet Sept 1 30 Lunch Dinner Adult: $12.00- Child: $7.50++ High Tea Buffet Daily 3pm 6pm Only $6** iC ExcefSor Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 3 €3 C 3 I £3 C 3 C 3 C 3 C 3 t C 3 I Meals at Cafe148 words
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Advertisement210 1986-09-24 13 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50210 words
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Advertisement115 1986-09-24 13 $12.50 be BUFFET-LUNCH COMBINING THE BEST OF EASTERN WESTERN DISHES •v 4 V T« Lunch Hours: 11.30 am 2.30pm 10% service charge A 3* government tax not Included TitkHfo 19, Caimhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** f r 4 Sjyf...- > 1 -W Our Daily Specials! A115 words
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BANKING AND FINANCE
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386 1986-09-24 14 FT FOREIGN BANKS and finance companies in Malaysia are enjoying a strong influx of cheap funds as nervous depositors switch their savings following a spate of bad losses and runs on local hanks and the financial crisis facing the deposit-taking cooperatives. Spokesmen of severalFT - 386 words
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Article, Illustration423 1986-09-24 14 AMY BALAN - By AMY BALAN SEVERAL SYNDICATES are suspected of being behind credit card fraud cases in South-east Asia involving Visa, and Singapore appears to be their "target market". Information collected by Visa member banks have also turned up evidence of their activities in423 words
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265 1986-09-24 14 AFP INDIA'S foreign exchange reserves increased substantially over fiscal 1965-86 allaying fears of a marked decline stemming from the growing trade deficit, according to a study by an independent research group. The reserves stood at US$5.9 billion for the year ended March 31, upAFP - 265 words
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126 1986-09-24 14 Reuter PARAGUAY'S Industry and Commerce Minister has announced exchange reforms which economists say amount to a devaluation of the local currency. Mr Delfin Ugarte Centurion told reporters in Asuncion on Monday that Paraguay would be paying its foreign debt at a rate of 320 guaranisReuter - 126 words
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Article158 1986-09-24 14 Reuter MALAYSIA'S gold and foreign exchange reserves (ell to M 512.94 billion in August from MJ13.27 billion in July, but were above the M 510.12 billion held in August 1966, Bank Negara Malaysia said. However, the central bank said total assets at end-August rose toReuter - 158 words
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Article92 1986-09-24 14 Reuter THE BANK of Thailand haa raised the amount at foreign exchange commercial hanks are allowed to hold to 40 per cent of a bank's capital from 20 per cent. The ruling will become effective on Oct 3 for six months. Central bank governor Kamcborn SathirakuiReuter - 92 words
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383 1986-09-24 14 Reuter SPECULATION that the mark will appreciate more against the yen has spurred Japanese investors to buy mark-denominated bonds, mark bond dealers said. Japan's recent easing of restrictions on capital outflows also will encourage more Japanese investments in mark bonds, particularly from life insuranceReuter - 383 words
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MONEY AND EXCHANGES
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Article758 1986-09-24 14 SINGAPORE: The US dollar closed higher yesterday against most major currencies on some short-covering by Asian and European operators. Trading in the morning was fairly quiet due partly to the closure of the Tokyo market but activity picked up in the afternoon after European exchanges opened. Sentiment for758 words
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Article103 1986-09-24 14 THE OVERNIGHT rate on the Singapore Interbank money market closed at 2-1/4 per cent yesterday, up 3/8 point from Monday. The one, two and threemonth term rates fell by 1/16 point each. S$ Interbank rates at 7pm yesterday: OHw M Ov«rr»ght 2 1/4 2 1-month 2 15/16 2103 words
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Article185 1986-09-24 14 Interbank rotes ot 3pm yesterday: Ltcil ielUrste MM HHt of fOfflfR CHrrmcy M Oner a reeeportlr US dolor Storing pound Auttratan dolor NZ dolor Canodtan dolor ***** 3.1428 1 3705 1.0479 1 5659 2.1730 3.1465 1 3733 1 0506 1.5672 2.8196 7.3469 ***** 3 4286 3.4206 -22.97 -57.22185 words
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Article426 1986-09-24 14 BA Futures DECEMBER E*r*d#Uar opened two ticks higher yesterday at 93.83 but came under selling pressure as the US was said not to be cutting its discount rate. The December contract traded down to 93.81 but turned around on a report that Bundesbank's chairman would attend the coming councilBA Futures - 426 words
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Article, Illustration360 1986-09-24 14 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday in quiet afternoon trading. Among short-dates, overnight firmed 1/8 point at the outset but remained unchanged subsequently to close at 6-1/8 6 per cent. Week fixed was steady at a high of 8-1/2 6-3/8 as the turn of360 words
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Article183 1986-09-24 14 HONGKONG: The metal closed lower yesterday in fairly active trading, mainly on profit-taking. Dealers said the theory that gold was due for a technical correction was gaining popularity as the American currency held firm, but added that the US$4OO per ounce level should show substantial support. Bullion ended at183 words
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Page 14 Advertisements
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Advertisement98 1986-09-24 14 I 1* it candlelight dinner to relive the warm and shared feeling. A moment made rich with the happiness of love. And the full works of wine, roses, cake on the wagon and a reminiscent shot taken of the golden night. Amidst serenading minstrels "Los Vlajeros", the "Liso Singers" and98 words
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SHARE INFORMATION
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Article, Illustration4176 1986-09-24 15 THE GROSSLY -oversold position of the Singapore market induced investors and speculators to go bargain hunting yesterday. Rises were seen across the board as gaining issues outnumbered lasers by 129 to 36. Prices had opened firm and remained so before they softened4,176 words
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Article216 1986-09-24 15 SINGAPORE Rises MM* HUp 468 5 9H OC,C YVurrr 430 ICS 670 *—•'"I 5 M—<— MM 278 EEL 0 Saa* Sfc*ari 234 %T St Falls 'D KmmI 400 StM foUm 80 CI Hiliii 126 Spar* 8ai 352 unt r- no Maa«i M 50c 62 +22 20 15216 words
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Article3166 1986-09-24 15 BID and offer price* officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of ritarea traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,166 words
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Page 15 Advertisements
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Advertisement11 1986-09-24 15 KL market report, Business dons on the KLSE f Pegs 1611 words
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COMPANY NEWS
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Article, Illustration507 1986-09-24 16 AMY CHEOK - Original plans rejected by Hongkong exchange and commissioner By AMY CHEOK CRUSADER INVESTMENTS Ltd is submitting a fresh and detailed application for its acquisition of gold mining and exploration leases in Brazil although the Hongkong Commissioner for Securities, Ray Astin, has said he507 words
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556 1986-09-24 16 MBT BORROWINGS OF DUNLOP Malaysian Industries (DMIB) at the group level have been halved during the 18-month period to June 30, 1986, while gearing has dropped from 11 per cent to 5 per cent. DMIB chairman Datuk Seri Syed Nahar bin Tun Syed ShehMBT - 556 words
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375 1986-09-24 16 CHAN Ol CHEE - By CHAN Ol CHEE DUE TO POOR BUSINESS, Cold Storage (Malaysia) Bhd has closed three of its supermarkets in Kuala Lumpur which have been incurring continued losses. Together with a sharp jump in its share of losses incurred by an associated company, 'CSM,375 words
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386 1986-09-24 16 Reuter BROKEN HILL Pty Co Ltd (BHP) would find it hard to equal its record 1985/86 net profit of A 5968.20 million in the current year ending May 31, 1967, chairman James Balderstone said in Melbourne yesterday. BHP's first quarter net earnings fellReuter - 386 words
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Article392 1986-09-24 16 SHARE PRICES rebounded on the Kuala Lumpur stock market yesterday but trading remained quiet as investors were reluctant to make new commitments. Although bargain hunters sought selected stocks, buying support waned towards the close and many counters consequently closed off-best. Plantation stocks attracted fresh interest and392 words
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Article1995 1986-09-24 16 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded Am In brackets in lots at 1,000 units unless otherwise specified. IGUSTRIALS Acmo (1806) xd Aiioowolo (3026 3065) (1) 300 Alcom1,995 words
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Article152 1986-09-24 16 FEDERAL Cables, Wires Md Metal Maaafaetariag Berkad: 19th AGM at 5097, Mak Mandin Industrial Estate, Butterworth, today at 9am. KAMPONG Lasjst Tla Dredging Berkad: 58th AGM at the PNB Theatrette, 2nd Floor, Menara PNB, 201 A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia, tomorrow at 10.00 am. THE152 words
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Article108 1986-09-24 16 HONGKONG Hongkong Index Tuesday 1254.63 Monday 1230.79 Week ogo 1213.25 Hong Song Index Tuesday 1992.60 Monday 1953.60 Week ogo 1927.97 All Industrials Tuesday 1922.9 Monday 1906.8 Week ago 1914.3 NEW YORK Dow Jones Monday 1793.45 Friday 1762.51 Week ogo 1767.58 TOKYO Nikkei Average Tuesday Closed Monday ***** 30108 words
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Article230 1986-09-24 16 Mono9«rs' pric«s for Sep 24 First B'putro S#cond B' putro 9 4.83 4 88 4.43 4.48 Singapore Unit Trust Tha Cormwci 0.90 0.97 The Sovngi Fund 0.79 0.85 Spore Prog Fund 0.36 0.40* S'por* Sac Fund 0.60 0.65 S'por* Invest Fund 0.64 0.69 S'pore Equity Fund 0.45 0.49230 words
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Article, Illustration494 1986-09-24 17 AMY CHEOK - By AMY CHEOK CASINO OPERATOR Genting Bhd's interim financial results indicate it is holding up quite well in the face of a slowdown in the Malaysian economy. However, the half-time performance of its plantation subsidiary, Asiatic Development Bhd, was badly affected by the slump494 words
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184 1986-09-24 17 WI CARR SONS and Company (Overseas) Ltd, the stockbroking division of Exco International PLC, in which local hotelier and financier Tan Sri Khoo Teck Puat is the major shareholder, has agreed to pay about HK$l5 million to acquire a 30184 words
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Article188 1986-09-24 17 LEONG HUAT ladastries Ltd: Group losses after interest on borrowings and depreciation of $417,000 ($952,000) on turnover of $931,000 ($516,000) for the six months ended June 30. Loss per share was 5.6 cents (12.7 cents). No interim dividend has been declared or paid for the period ended June188 words
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Article85 1986-09-24 17 REPLYING to queries from the Stock Exchange of Singapore, Keppel Corporation Ltd said the purchase consideration of 115.75 million for the sale of a 40 per cent stake in Malayan Motor k General Underwriters was arrived at on a willing buyer/willing seller basis. It said there was no85 words
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Article168 1986-09-24 17 A ONE-DAY SEMINAR for first-time punters and investors who want to know more about stock market investments will be conducted on Oct 18 by the author of The Trend Principle, Mr Wong Yee. Among the topics to be covered are the reasons why fundamental analysis168 words
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Article1000 1986-09-24 17 Reuter SHARES opened higher in what dealers described as a technical reaction to the sharp gains on Wall Street overnight. By 0815 GMT, the FTSE 100 Index had extended Monday's advance by a further 8.3 points to 1,625.4. On Monday, the FT 30 Index closed 13.7 points higherReuter - 1,000 words
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480 1986-09-24 17 CHAN Ol CHEE - By CHAN Ol CHEE INVESTMENTS in foreign currency deposits have paid off handsomely for departmental store operator Robinson k Co, which has just reported an impressive two-fold increase in group pre-tax profits for the year ended June 30, 1986. Robinsons, which has traditionally relied on480 words
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232 1986-09-24 17 NAJEEB JARHOM - By NAJEEB JARHOM AFTER HAVING taken the trouble to get shareholders' approval, Samanda Holdings Bhd has aborted its acquisition of 3.04 million shares representing 62.6 per cent of Central Industrial Corp Sdn Bhd (CIC) for MJ6.09 million. The termination was mutually agreed upon232 words
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Article, Illustration662 1986-09-24 17 MALAYSIAN FINANCE Minister Daim Zainuddin, who said last Saturday that his family would sell its stakes in United Malayan Banking Corporation (UMBC), is in the midst of selling another business interest his holding of about 30 per cent in Raleigh Bhd. Last Saturday Mr662 words
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164 1986-09-24 17 RALEIGH BHD did not go ahead with its proposed purchase of a 20 per cent stake in UMBC because it would complicate Finance Minister Daim Zainuddin's plans to divest his substantial stakes in the company. Chairman and chief executive of Raleigh, Tajudin Ramli,164 words
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Page 16 Advertisements
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Advertisement133 1986-09-24 16 BARCLAYS Financial Forum for Expatriates MR BASIL BUSH, a Senior Manager of BARCLAYS BANK PLC, JERSEY will be in SINGAPORE a t for the period 29th September to 2nd October 1986 inclusive. He will be accompanied by MR JOHN MUNDY, Assistant Director, of BARCLAYTRUST INTERNATIONAL LTD, JERSEY for the period133 words
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Advertisement99 1986-09-24 16 r FOR SALE BY TENDER 1 Following abandoned cargo ex. m.v. "GOLDEN CITY" arrived Singapore 24 July 1986:225 ctns (3,900 dozen) glassware 54 ctns "ANCHOR" brand electrical accessories 3,000 rolls "CAMEL" brand Asphalt roofing felt, 1 M X 20 M 10 cases aluminium ware 20 bales bath towels 279 ctns99 words
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Page 17 Advertisements
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Advertisement338 1986-09-24 17 NOTICES la the Matter ti The Campaaies Act, Cap. 185 la the Matter at KEDAK INVESTMENT PTE LTD (la Members' Valaatary j Uqaidatiaa) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-15, Singapore 0617 on Friday, the 19th day of September,338 words
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Advertisement202 1986-09-24 17 DO YOU WANT TO KEEP IN TUNE WITH DEVELOPMENTS IN THE STOCK MARKET? Then read on The Securities Industry Act 1986 came into force on 15 Aug 1986 What are the implications of the Act on the stock market, the stockbroking industry, banks and the public? How do the regulations202 words
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Article, Illustration284 1986-09-24 18 SOH TIANG KENG - Training for Chinese to be explored By SOH TIANG KENG Financial Corraapondant A SIX-MAN delegation from the Singapore Society of Accountants leaves today for a 20-day study mission in China. The SSA will look into the possibility of helping the Chinese train more accountants284 words
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266 1986-09-24 18 THE DEVELOPMENT of China's tax system is to be assisted by Singapore's Commissioner of Inland Revenue, Hsu TseKwang. Mr Hsu has been appointed adviser to the General Tax Bureau, the government fiscal body in China, it was revealed yesterday by the266 words
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435 1986-09-24 18 ANNA TEO - Sharing the good times and the bad with staff first By ANNA TEO EMPLOYEES should hear important company news before the public and not just the good news. Bids or orders lost and problems facing the company should also be shared. This is one of 13 recommendations made by a435 words
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329 1986-09-24 18 Be mama FORMER Malaysian Chinese Association president Tan Koon Swan's status as a Member of Parliament can only be determined if he is allowed by Singapore to return to take his oath in Parliament. Sources in Kuala Lumpur said yesterday that he hadBe mama - 329 words
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149 1986-09-24 18 Reuter CHINA yesterday signed contracts with French and British companies for a US$2.5 billion nuclear power station on Hongkong's doorstep which is opposed by many people in the colony. A flourish of signatures by bankers, businessmen and officials on China's big-gest-ever deal with foreign interestsReuter - 149 words
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319 1986-09-24 18 Reuter THE US INFLATION rate continued at a moderate pace last month but new orders for big-ticket items fell sharply. The economy benefited from cheaper energy costs as consumer prices increased a scant 0.2 per cent in August afterReuter - 319 words
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295 1986-09-24 18 THERE HAS BEEN a significant drop in favour of Hamburg in the rating given to Singapore by international bankers. But it is its hotel accommodation they are judging, not its credit risk. The latest poll taken by the Institutional Investor magazine shows295 words
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Article84 1986-09-24 18 Reuter THE FORMER chief of Hongkong's commodities exchange admitted yesterday that he had stolen shares worth HK$5.2 million from customers. Peter Scales, a former stockbroker, pleaded guilty to theft of shares from customers of Wustock Brokers in 1962 and 1983, court officials said in Hongkong.Reuter - 84 words
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Article82 1986-09-24 18 Reuter COMEX GOLD FUTURES fell on active profit-taking and possible new short selling yesterday morning following Monday's strong close. Gold for delivery in December lost US$7.2O at U*****.00, matching Monday's low. Silver futures cut losses on scattered buying by dealer houses after the market made aReuter - 82 words
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Article56 1986-09-24 18 Reuter WALL STREET stocks turned mixed early yesterday after advancing earlier on strength from the bond market, which rose on news of continued low inflation and a larger-than-expected drop in August durable goods. The Dow Jones Industrials Average fell two points to 1791. Advances led declines six-to-fiveReuter - 56 words
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LATE FILE
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Article70 1986-09-24 18 Reuter THE BRITISH pound sterling dipped to a record low on foreign exchange markets yesterday as the government forecast a sharp drop in North Sea oil revenues for the current financial year. The pound fell to an all-time low of 69 per cent of itsReuter - 70 words
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Article53 1986-09-24 18 Reuter US TREASURY SECRETARY James Baker has acknowledged that there are differences between the US and the European Community finance ministers on the dollar's current level. He had said last week that the dollar needed to decline further in the absence of additional measures to promoteReuter - 53 words
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55 1986-09-24 18 AFP THE LAUNCHING of Indonesia's communications satellite Palapa B-2P by a US Delta rocket next year will cost twice as much as sending it into orbit from a space shuttle as originally planned. Telecommunications Minister Achmad Tahir said that the ISB7 launch of the satelliteAFP - 55 words
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37 1986-09-24 18 Bernama MALAYSIA yesterday urged the Indochinese foreign ministers to take another look at the contents of the eight-point proposal by the Coalition Government of Democratic Kampuchea to solve the Cambodian problem. BernamaBernama - 37 words
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Article34 1986-09-24 18 UPI CHINA'S official Communist Party newspaper yesterday criticised a recent boom in hotel construction which had resulted in an oversupply of rooms and a surplus of rooftop revolving restaurants.UPI - 34 words
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Page 18 Advertisements
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Advertisement45 1986-09-24 18 No. 1 of course. The best for less v The lesser at best I oeated along CVeil Street. (Veil Court oilers qualit\ otliee spaee at the most eompetitive rates. ("ome. let us gixe \ou a eondueted tour ol the building. Call: 532 3888 224 7255.45 words
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Advertisement144 1986-09-24 18 I w r <« i ROOM RATES. FIVE STAR HOTEL FIVE STAR VALUE No minimum stay requirements, no special pre-requisites, no gimmicks. Offer valid till 31st December 1986. Stay in the luxurious Century Park Sheraton Singapore and enjoy 5-star service in an atmosphere of quiet elegance. Ideally located atop exclusive144 words
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Page 18 Miscellaneous
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Miscellaneous57 1986-09-24 18 Outlook: Showers over several areas in the pre-dawn hours and clearing by late morning. Rep. art for 24 hours prior to 7.30pm on Sep 23 at the oirport: Maximum temperature 30.5 Associated humidity 70 Minimum temperature 22.8 Associated humidity 96 Hours of sunshine 3.20 Rainfoll in millimetres 5.7 Rainfoll this57 words
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SHIPPING TIMES
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298 1986-09-24 19 DUTCH COMPANY Van Ommeren will begin a new Far East-Europe liner service next month to carry lumber, sawn timber, plywood and other forest products. About 500,000 cubic metres of cargoes are expected for the first year, says Mr SD Lim, general manager of298 words
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375 1986-09-24 19 LINDA CHEE - By LINDA CHEE A COURT OF investigation has been appointed to examine the circumstances relating to the sinking of the Hoelien on Oct 14 last year. The 3,277 dwt general cargo ship sank in heavy seas about 21 kilometres off Terrigal, north of375 words
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215 1986-09-24 19 AP DIRECTORS of 32 insurance companies operating in Arao states in the Gulf opened a meeting in Kuwait on Monday in an attempt to set up an Arab insurance consortium that would serve as a competitive substitute for international underwriters. The premiumsAP - 215 words
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PORT SIDES
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Article101 1986-09-24 19 MULTIPORT SHIP Agencies Network has announced two new appointments to their board. Jonathan Beard, member for Turkey, and Abdul Hamed Bokhari, member for Saudi Arabia, were both elected to the board, replacing the members from Lebanon and Mauritius who stood down after completing their three years101 words
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Article69 1986-09-24 19 Reuter FOUR JAPANESE patrol boats were fighting a fire aboard the Panamanian-registered freighter Maria Oldendorff, 9,331 dwt, outside Kashima port north of Tokyo, a spokesman for the Japanese Maritime Safety Agency said. No injuries were reported among the 25-member crew. The spokesman said the fire developedReuter - 69 words
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Article69 1986-09-24 19 Reuter THE PRIVATELY-HELD Worldwide Shipping Group has ordered a 250,000-tonne crude oil tanker from Hyundai Shipbuilding and Heavy Industries Co Ltd of South Korea for US$39 million, a company spokesman said. He said the order is the first for five years by the group, which isReuter - 69 words
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Article84 1986-09-24 19 Reuter ORIENT OVERSEAS (Holdings) Ltd said a Hongkong court has adjourned a hearing of a petition filed by Credit Commercial de France to wind up the company. It said no date was set for a further hearing and that progress is continuing with efforts to restructureReuter - 84 words
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Article1216 1986-09-24 20 CHARTERING started the week on the London shipping freights market in low-key but apparently without any damage to the firmer rate structure. Little representative grain fixing emerged besides the Dreyfus payment of US$l2 (fio) for an unspecified November-December loader to work 52,000 tons from the US Gulf to1,216 words
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654 1986-09-24 20 Reuter AN INTERNATIONAL endorsement by west and east of maritime security guidelines has given a boost to the global search for ways to prevent hijackings of cruise liners. The guidelines were drafted by Washington immediately after the Achille Lauro incident 11 months ago InReuter - 654 words
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665 1986-09-24 20 UPI WHEN THE 1,500 crewmen of the US battleship New Jersey went ashore in Japan recently, they were warned of two perils: antinuclear demonstrations and the rising yen. Of the two, the strong yen and with its withering effect on theUPI - 665 words
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Article916 1986-09-24 20 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AMtrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Lme V 4 APL HI 2/3 ASCL III916 words
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Article175 1986-09-24 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services ••K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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181 1986-09-24 21 AFP CRIMINAL Investigation Department (CID) officers at Mombasa have seized a consignment of arms in a container addressed to a church organisation in Kenya, The Standard reported in Nairobi on Monday. The paper quoted sources at Kilindini Port in Kenya's Indian Ocean city ofAFP - 181 words
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450 1986-09-24 21 DETAILED DISCUSSIONS are to be held on a new merger plan involving seafaring unions in the United States. Approval to go ahead with preliminary work has been agreed by the two large ratings' unions, the National Maritime Union and the Seafarers International Union,450 words
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Article551 1986-09-24 21 AFP THE RECENT rally in rates on major grain routes appeared to level off initially during the past week on the freight market, where shipowners were still hoping for a boost in earnings from the autumn shipment season out of North America. But confirmation that firmer rates hadAFP - 551 words
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201 1986-09-24 21 Reuter DIRTY TANKER rates to the Far East from the MidEast Gulf are expected to weaken this week due to adequate tonnage available in the Gulf, shipbrokers said. About 50 tankers, almost half of which are VLCC's and ULCC's, are likely to beReuter - 201 words
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172 1986-09-24 21 Reuter MITSUI Construction Ltd of Japan has signed an US$lB.5 million contract with the state-owned Ceylon Petroleum Corp, CPC, to build an oil storage facility near Colombo, CPC chairman Daham Wimalasena said. He said the 160,000tonne facility is part of a US$35-millionReuter - 172 words
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Article113 1986-09-24 21 RICHARD T Soper is the new president and chief operating officer of the American Bureau of Shipping (ABS). Mr Soper, executive vice-president of SeaLand Service, will assume his duties with the international ship classification society effective Nov 1, 1986. William N Johnston will continue as chairman113 words
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6591 1986-09-24 26 3®aßs)qEß 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 of6,591 words
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Article722 1986-09-24 27 AT CONVENTIONAL WHARVES VnnI Bwrth Arrival D*partur« KEPPEL WHARVES Bmtong Serio K25E alongside 24 9/1800 Equator 4 K22 alongside 249/0300 Gold Stream K29 alongside 24 9/2100 Sunny Pine K18 alongside 24 9/1630 Zhuongyun K15 alongside 249/2300 Apmon 1 K16 249/0600 259/0700 Barber Texas K9 24.9/0400 259/0100 E'tern722 words
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Page 19 Advertisements
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Advertisement795 1986-09-24 19 ClliimlHTs W !M V 1 )u !i< Ml.il OOCL OifflffOvEnyis Cudeitm Line i maosE avns agehces (*»i 2*2*4/ on) AJWIS. 200 Cantonment Road #12-05 Southpouit Seaport 0208 let *****11 TELEX NO RS ***** TERMNM./CFS 3200 218 TO 220 BOOKRGS 3200 234 TO 235 PfSAM IMDM MWt AGEHCES SM. M> PETALMG795 words
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Advertisement70 1986-09-24 19 tcbudb AN INTERNATIONAL endorsement by west and east of maritime security guidelines has given a boost to the global search for ways to prevent hijockings of cruise liners. Pag« II DETAILED DISCUSSIONS are to be held on o new merger plan involving seafaring unions in the United States. Pag« 11170 words
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Advertisement1173 1986-09-24 19 lid 0 FEDERAL ~%£r9 PUBUCAnONS Jjfc ofj/ THE HEART OF THE DRAGON MAERSK LINE M if FAST TRANSIT SINGAPORE/HULL SINGAPORE/TILBURY SINGAPORE/FEUXSTOWE SINGAPORE/SOUTHAMPTON SINGAPORE/DUBLIN EMOUTH nilll 'Mi I ;1 i f .1: 19 DAYS 19 DAYS 21 DAYS 21 DAYS 22 DAYS Voy S" pore EXPORT TO USA. EUROPE. m m-j.1,173 words
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Page 20 Advertisements
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Advertisement216 1986-09-24 20 ■\r O T TATTT 1 yamashita-shinnihon line W I J I l\ Fi THANS-PACIFIC SERVICES Atlantic/Canada Feeder at Nagoya STRAITS FEEDER BEMBIMM JIU—rv'ni:\^rmrrmnrmfetm nrTTnranra I mBBB! iii bfin—mifiebm nw FTTTI HB B7U rannUM Kflf nTTM ID!M ILW Ll^nW foe USA Port*. nra--rrmn MIDDLE EAST Full Container Service (A member of216 words
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Advertisement500 1986-09-24 20 n:=y.' «:^£y Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA 4. 20/0 25-28/1 1/11 15/11 1/U 11/11 10-13/10 10/10 */U 10/11 20/10 25-20/10 1/U 25/11 2/12 11/11 10-13/11 10/11 10/12 17/12 dH HI HI .WSTMULi—JL—JIC^I 0/11 10/11 23/11 25/11 12 I 0/12 11/12 12 124/12 20/12 Mm500 words
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Page 21 Advertisements
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Advertisement1047 1986-09-24 21 The Straits Steamship Group STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok OGL Overseas Containers Limited COHTAMRSHP SCTWCES TO/FROM BAN6KOK kitano MMU OSAKA MT BtnCN EXPRESS BENAVON MARANGI MT an of eomukh FRAMFMT EIPRESS CARDIGAN MT KITANO MARU S prt PJOwc 26/9 20/9 M/ 10 M/ll 12/11 14/111,047 words
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Advertisement872 1986-09-24 21 Franco Belgian Services ~r t ,«.r hr,n. hr. I. i« <I h 11. It: 1.1 n/.1 r I -1 <rn lin. (MEMBER OF ACE CONSORTIUM") HOMO TO awe cor mo samp mow naort STCH P KUMK Lt Harvt I«m fStew Ha BUnes M 21 Sept (24 Sept) 15 Oct lt872 words
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Page 22 Advertisements
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Advertisement270 1986-09-24 22 II t Hapag-Lloyd TO CONTINENT/UK EXPORTS Hm4 tatoft to nlMd dnHuti CspMiisftft, AJHSB, Githnfeivi I I SmOi lam -Agents SEGANI Sinjapore *****66 K. Lunqw Boofant *****78 P. Kei** FreifW *****00 CFS CFS *****72 Ptnanf Ternmi *****33 *****25 *****8 *****8 *****7. *****2 *****3 t.iii.;,M».a INTERNATIONAL freight forwaroers CONSOLIDATION SERVICE WEEKLY Singapore:270 words
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Advertisement527 1986-09-24 22 FULLY CONTAIN ERISED SERVICE "TO FURORE VIA SUEZ Mfmbff ol thf Acf Conswtiu™ FROM tUROPE VIA SUEZ A Mfmb ,he cf Cansorhuni mil Y CONTAINSRISfO 10 PROM NORIH AMTRICA WtSI COAST CONVENTIONAL SERVICE TO IRAN/PERSIAN GULE GENERAL AGENTS: CROWN MARINE CO (PTE) LTD TEL: *****5S Unoo) SUB-AGE NTS: Kuala Lumpur527 words
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Advertisement420 1986-09-24 22 ILL Hai Sun Hup Co (Pte) Itd TEL *****06 (20 Linesi TLX RS ***** RS ***** J ft. I \SII RN( \K I l\l K. I I D STRAITS/ JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS SKI AKEBH SOU MATCHMM HHNCE OML SKI NAGOYA Loadnf at appropriated Berth P4-P5 NOTE:420 words
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Advertisement808 1986-09-24 22 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) OUTBOUND feeder *a scp Mono va lax »c sn w m no QUEST 25/1 DMCT 21/11 24/10 EWR GUIS! 25/1 MPM APOUO 24/10 M/ 10 27/11 no golden l/ia no gentry 21/10 n/it US WEST COAST no GOLDEN808 words
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Page 23 Advertisements
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Advertisement1017 1986-09-24 23 q/iirriiiu 1. iini'jo, n cuncau»j 9 uvptvuiwi r \V PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 i: FAR EAST CONTAINER SERVICE VESSEL MAJAPAMT GOWA SINGA SIN JKT SBY SIN HKG KAO *TCH KEE BUS *MUR *HTC YOK KOB KEE SiiM SMM 25/8 2S/9 01/101,017 words
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Advertisement1023 1986-09-24 23 BENLINE CONTAINERS EXPRESS corn WO SERVICE TO UK/CONTVCTT EXPRESS CONTMNER HAM BWVENRVAM HAVRE STON Bremen Eipreu SjM SIM Benaror Saied SjM Mjvmfi Bit SjM SJM City ot EMwfk 25/9 27/9 Frn*h»l Eiprcu 4/11 5/10 Cjt*jn Bit 12/11 14/ It Tokyo by 14/10 It/II Moo Mara 17/11 19/10 Ouka Bit 27/111,023 words
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Advertisement484 1986-09-24 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI FX BESURI LLOYI FX SAMUBEBA INOCMESIA e P.T. TBKOiA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE STCK BILBAO BOKH aWM/TDMI KMC GAKtt BHMTI 5-7/11 4/12 1/12 11/12 14/12 Yl4-0N I «ran 24-20/10 4/12 J/12 11/12 14/12 ISTOW BUM tUMI/TDMI tMTMtMT484 words
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Advertisement427 1986-09-24 23 BOUSTEAD SHIPPING AGENCIES *3A +MYTTKTEI MM 2 MAWIAMYAMG V32W PA-AH VIOOW 2 meroi run HTTTKTO MM V27CV ava turn PAGO VI4N LOAOMG FOR QMK) IV BURMA FIVE STAR (Burmese National Line) Loading for Rangoon PKeianj Penanj Banjtok 22/23 Sapt 25/27 Sept 25/27 Sapi 0/0 Oct 8/7 Oct 1/11 Oct 1/7427 words
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Page 24 Advertisements
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Advertisement1288 1986-09-24 24 USA CANADA >TL«ITIC COAST (Round Th* Work) Sante*) Kline KAWASAKI KISEN KAISHA, LTD. 1 C. R. PARIS V6E/N CONCORD Vl4 0. LEGEND IWEN STORE 30 Sap 9 Oct 17 Oct LB 25 Oct 2 Nov 11 Nov CHLS 6 Nov 14 Nov 22 Nov NFK 7 Nov 15 Nov 241,288 words
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Advertisement647 1986-09-24 24 a AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Feedet PM** Liner Vessel S pore MHb Fro* Sf*i Atso Accepts ISUCIimR V 7 30 Sept RAMOAS n 6 Ocl 21 Oct 30 Oct n Oct AM Bris lAIABAR m 16 Oct CMANDCAS V 22 SNo. 20 No. 2S No. 27 No.647 words
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Advertisement750 1986-09-24 24 GOLDEN LINE GUAM GUAN SHPPWG (PTE) LTD 21. IM »r* IM smutm lIM m MUMS <i 9 «J) STRAITS/PERSIAN GULF SERVICE: s*™ P Mailt Ptna*| OBlnm muni Colombo Mud* Doha/B*'*" 4/9 Od CHMA OCEAN SWPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CMNA 'j- W.IU •PWI fmmt Sfn (jrtda Slur I750 words
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Advertisement476 1986-09-24 24 INTRASEA (PTE) LTD 10 Anson Road e27 16 Internationa 1 Plaza Singapore 0207 Tel *****T 1 1 1 O L-nesl VOAAfiIAIIVX o BREAKBULK SERVICE TO EUROPE/UK S port P. Mm Itor--2/10 NANTES/ROT/ANT/UK (I u anuu (Pit) lib Boons amu K WINK JMHMt CO SM. M 71*711 Phb RWTANC SWPW CO476 words
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Page 25 Advertisements
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Advertisement855 1986-09-24 25 S pore NEPTUNE MENCCS PTE. LTD FE EU/AABT TPA/SEA UNa (Nc« Inwl CTS 000UNGS *****77 *****5J *****42 *****77 *****22 *****53 OR OMECT LMES *****19 *****11. Far award fra«M <n«m pitas* caO *****44 MiN NEPIM SON. WD. 3689M7/*****45/J6OOSS3/*****26 K im** lOUNE SON. BHD. *****71/*****34/*****35 Ptnang NEPIM SON. M. *****9/*****5/*****0/627U1/M7OS2 \\NEPTUNE ORIENT855 words
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Advertisement423 1986-09-24 25 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN, INCHON )nul m Oram M7N N> t Dnan/MOH Hi I Douai U7N Mi CM (IMi) No 7 Down MW lb Daunt tOIN IW/M7 (Maria) lb i Onm/OOM fe I Dnaa/MMN SP<*H »UNIS NIPUJ*# AGJNCIfS Plf 110423 words
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Advertisement630 1986-09-24 25 I m sinsov SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Martet Street Snfapore 0104 Tel: *****33 (15 lines) T Cable Address SMSOV SMGAPORE Telex Nunbers RS ***** RS ***** RS ***** f mm N/S SMMtKAT NAM SOON SON. BM>. IST AND 2ND FLOOR. NO 1 JALAN CEMPENWG PORT630 words
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Page 26 Advertisements
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Advertisement374 1986-09-24 26 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) SEA DRAGON r '-'I.: 1 ira ira "iram CSE3B ,E53 rrrv v- 'mvm^nwßnMißrziwnEi FJf f-KUiTI h ii —i mi n f'n■! 'i 1 ■ii;i;ii iwiroror lOZ3E2SI irymrmgr iifflf rorar TtH/Ffi I 9-10/10 Sit/Sun 11-12/10 S» 12-12/10 14-15/10 TO SOUTH THAILAND HI374 words
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Page 26 Miscellaneous
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Miscellaneous155 1986-09-24 26 Regional Weather v* w i T, i m m K Ik t I tc C (J Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R. Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Wave height155 words
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Page 27 Advertisements
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Advertisement229 1986-09-24 27 REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. KHUN KAEK" PAISI DESTINATION TBN CALCUTTA AGENTS: SEACUPPER SHIPPING A ENTERPRISES PTC LTD 90. C*d Str«*t #15-01 DUNN HOUSE TEL: 223*556 (3 LINES) OCEAN BRIDGE SHIPPING PTY LTD. FREMANTLE REGULAR SAILING TO FREMANTLE/PT. HEDLANO MV (€l£R COAST ETA ETC 1/10 General Agents: IlllltOV Shipping229 words
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Advertisement618 1986-09-24 27 CORMORANT BULK VANCOUVER B.C. CANADA NXMESIA, USA MO CMUOA NEST COAST CONVENTMNAI SERVICE 10AMK FOR HANCOUKI B.C. ar*n* PAD PAL KLA SAtMA MCtOftT 10-12/12 IVU/12 21-23/12 OTMA lOMNNC PORTS SUBICT MDUCnCNT NJOKSIA/ NXA CONVENTIONAL SERVICE lOAOMG FOR MAO*IS HALMA MBIT SURA CmM TC/MOR PTR KLA rm. HICTORY 11-11/11 12-11/11 14-IVM618 words
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Advertisement659 1986-09-24 27 c/V C LINES WEEKLY FCL LCL CONTAINER SERVICE STORE |BXK HKG KM) KE£ KOB MOI BUS TAO YUAN ¥602 28/9 30/9 6/10 7/10 1/10 12/10 1 3/10 14/10 KUO LUNG VMS 1/10 4/10 10/10 12/10 13/10 17/10 11/10 19/10 VE LAN ¥602 1/10 11/10 17/10 19/10 20/10 24/10 25/10 20/10659 words
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Page 28 Advertisements
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Advertisement584 1986-09-24 28 FINE-LINER SHIPPING PTE LTD TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL 4 CONVENTIONAL MIDOLF FAST SFRVIPF 29/9. 6/10. 10/10 DUBAI, BAHRAIN. MUSCAT, DOHA. DAMMAN. IS/10 KUWAIT ABU DHABI HONGKONG/CHINA SERVICE 30/9, 1/10 XMGANG. BEIJING. TIANJM, SHEKOU, SHANGHAI. 14/10. 24/10,31/IOGUANGZHOU, WHAMPOA 24/9.1/10, BANGKOK 25/9 MADRAS AUSTRALIA 30/9, 2/10584 words
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Advertisement438 1986-09-24 28 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) NO. RS ***** HEAPCO FULL CONTAMER SERVICE TO PORT KELANG/ ttssa vot w sro« m«c i ANSON SAIID 25 W1 ANSON 71 StPT 2» »T ANSON VMSM JO SCTT/1 OCT438 words
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Advertisement530 1986-09-24 28 C.Y. LINE (A Member 01 The ACE Consortium) CHO YANG SHIPPING CO. LTD FlllY CONIAMERISED S£»WC£ 10 [UHOPC (VU SU> Sf«N HAS BUDGE W7W memo* mow CD TOKYO Vt* tarn 1/11 1/10 U« (slow* M°ta| Br««r. Antwerp 13/10 14/11 14/10 11/10 10/10 71/11 20/10 21/11 22/10 25/10 20/10 21/10 27/10530 words
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Advertisement729 1986-09-24 28 Everett Lines COMPAMA PERUANA DE VAPOREES (CJ>.V.) "PERUVIAN STATE LINE" iMdmt to( Ca*ao Matarani to and ji other Pfturun ports with transhipment «t Kobe On CPV Throufti Bills ot lading to foul destination Penanf Smfapore JOMCVEKTT 4/7 Od MUMATTVOttTT 11/21 Oct THOMASOEKTT 5/6 Nrt "EVERETT ORIENT LINE" j JAPAN/BAY OF729 words
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Advertisement211 1986-09-24 28 ZIM 'n:rci i ■m*?nr r :*^T carioct to USA East I (test Cms). CarftkuOal Cmtit FQnniW MMUB ILi MT 10/11 11/11 M.ILK 1311* n.ujt mijt 1.12J1 4.12J1 ::r zw eilat container line m cm us m mz nts vi M QUI 1/11 17/11 22/U 24/11 27/11 VU 4/11 211 KMMMK211 words
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