The Business Times, 25 April 1986

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, APRIL 25, 1986 75 CENTS
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  • 576 1  -  Government accepts guideline which sets no quantum By FOO CHOY PENG, Chief Reporter FOR THE FIRST TIME, the National Wages Council has not set quantitative guidelines for the level of pay settlements. Instead, it recommends severe wage restraint this year and for as long
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  • 448 1  -  By CHUANG PECK MING THE LABOUR MOVEMENT is prepared to accept the National Wages Council call for a re-ne-gotiation of existing wage contracts to lower increments or bonuses. In giving its support to the policy of severe wage restraint, the National Trades Union Congress
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  • 206 1 THE SINGAPORE Society of Accountants (SSA) is aiming to blunt the arguments of proponents of advertising in the profession. It is soon to make available a new booklet for its members to promote the services of accountants to their clients. The booklet has
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  • 346 1 BRIG-GEN LEE Hsien Loong has made clear that profitable companies should also exercise wage restraint. "Wage restraint cannot be confined to companies which are already unprofitable. It must be exercised in all companies," the Acting Trade and Industry Minister said on Tuesday at the Mandarin
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  • Article, Illustration
    65 1 SHAKE PRICES etosed easier yesterday, altheagh blie chip tradtog was erratic. At the etoae, the Straits Times Industrial Index was 2.44 paints tower at 514.11 and the mere hrsadty •feani BT Cempsstto ladas was $.47 tower at 411.11. with 7.24 mii- Lwtn beat winners by tl to 28.
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  • 469 1 Reuter WITH DESK-TOP personal computers on the tables of opposing counsel and beside the bench, a courtroom in Chicago has become a laboratory for bringing high technology to the dispensation of justice. The project, described as the first ever tried in the United
    Reuter  -  469 words
  • 575 1  -  By NAJEEB JARHOM FALLING advertising revenue continued to affect adversely the results of the newspaper operations of media group, Singapore Press Holdings Ltd. For the six-month period ended Feb 28, 1986, group profits before tax fell by a sizeable 19.4 per cent
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  • Page 1 Advertisements
    • 156 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM imi-w Pork Rib Special •s V Another Specialty only from Dragon City. Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive service, so reminiscent of traditional Chinese hospitality and respect. M Amidst rich and elaborate B
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    • 260 1 Feature, Letter on Page 10 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO BRISTOW DOONESBURY OUR VIEW WITH THE BUILDING and real estate sectcfr burdened with an annual interest bill of $630 million, and many eager sellers, the market is ripe for companies with finoncial muscle to
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    • 0 1 '{'})"]\(==?`?\^~?%|^:%_(.&<\'/
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    • 105 1 1 a Li A u pay less 1 las a "First-Home Owner" Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now. if you're buying your first private home, you can get a five-year interest concession of V*%. You'll pay only V/i% for a loan
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  • HOME NEWS
    • 411 2  -  Company loses out on Burmese rubber deal By SAID ABDULLAH SINGAPORE has lost out on a proposed countertrade deal involving a local rubber processing company exporting processing equipment to Burma in exchange for processed crude rubber. Toho Rubber Processing Co, one of eight companies that
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    • 134 2 SINGAPORE'S first semi-con-ductor laser has been put together by two lecturers from the National University of Singapore. The system was fabricated from scratch by Dr Chua Soo Jin and Dr Chen Pel Chuang of the Electrical Engineering Department under a University Research Grant. Although some of
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    • 444 2  -  By DAVID DANIEL AR FORMAT, a Singaporebased company, has beaten international competition and has been appointed organiser and manager of a building and construction exhibition in Beijing next year. The Chinabuild Exhibition will be staged at the Beijing Exhibition Centre in November 1987
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    • 76 2 FAR EAST-LEVINGSTON Shipbuilding (FELS) has secured a US$300,000 contract from the National Drilling Company of Abu Dhabi to convert an oil rig. The company, a subsidiary of the Keppel Group, won the contract amidst tough competition. The rig, the A1 Ittihad, is a
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    • 157 2 THIS YEAR'S Homemakers exhibition, which opens tomorrow, is expected to bag sales worth $4 million. The nine-day show, which ends on May 4, is expected to attract 150,000 visitors, said the organisers, Cahners Exposition Group. At last year's show, visitors bought $3.5
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    • 104 2 DETERMINING and achieving quality of computer software is the subject of a three-day seminar to be held jointly by the Institute of Systems Science and Hewlett Packard. Besides discussing the attributes of high-quality software, the seminar also aims to give participants an insight
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    • 155 2 SEVERAL ready mix concrete manufacturers have formed a consortium with developers, contractors, structural engineers and other building material manufacturers to work on projects in Malaysia and China. Among them are PSI Concrete, Supermix, Ritemix, Top Mix, Redikon and Island Concrete, reported the latest issue
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    • 447 3 THE SHARPLY rising yen would not spell an automatic influx of Japanese tourists to Singapore brcause of emerging competition from newer destinations such as Australia, New Zealand and Canada. This is in spite of the fact that Singapore was among the top
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    • 241 3 NORMAN COLLINS has been named director of Thomas Cook Financial Services and general manager (Asia Pacific Region). Mr Collins joined Thomas Cook Australia Pty Ltd in 1979 as its managing director. STEVE DOLAN has been appointed regional manager of SPL Systems (SEA) Pte Ltd with responsibilities for
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    • 240 3 BARGAIN hunters flooded into Galeries Lafayette on the first day of the store's closing down sale yesterday. It was shuffling room only for the crowds that thronged the store yesterday. "People assume that it will be cheaper because it's a closing down sale and
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    • 117 3 A ONE-DAY seminar on "University Engineering Education and the Engineering Profession" will be held for secondary school and junior college science teachers tomorrow. To be held at the NUS Kent Ridge campus, it aims to make teachers more aware of the subject so that they can provide
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    • 246 3 ABOUT 47 MILLION Americans will be seeing more of Singapore soon, thanks to the Singapore Tourist Promotion Board, which has sponsored a US$175,000 weekly television series "Looking East" to be telecast in the United States. An American Chinese, Yue-Sai Kan, is producing the
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    • 269 3 A TWO-YEAR promotion programme to sell Singapore's building services to China is being carried out by five professional bodies in the building sector. The programme has so far received a $136,000 boost from the Trade Development Board which granted the amount under
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    • 254 3  -  By LISA LEE EXXON CHEMICAL will be the first in South-east Asia to produce calcium sulphonate when the company's new Singapore plant is completed next year. Regional buyers can then source the product from Singapore instead of buying from the US.
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    • 305 3  -  By LEE HAN SHIH THE LURE OF being involved in the $26 million Singapore Garden Festival drew about 100 professionals to the Urban Redevelopment Authority premises yesterday. Landscape architects, consultants and others from more than 70 companies crowded into the URA conference room for
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  • Page 2 Advertisements
    • 364 2 r? t A.\ 1 i- /nw 7^ r k > "s fc r Whetheryoubuy or lease, theBahmmd am be yours. The waiting and the wanting are almost over. The choice of lifestyle is yours; whether it be a townhouse, a maisonette, or an apartment. The Balmoral is clean country living
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    • 109 2 I 'r~\ I I I I I Who says good women are hard to find? ■SphV At Business Girl, we have j|Mp good women MBij in all shapes and sizes, ■s'w s P ec a secl sk s P !J services. From technicians, drivers, mechanics, computer analysts and bankers to
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  • Page 3 Advertisements
    • 74 3 WORLDW/DECOUR/ER Changing the way the world does business. <4 W Exclusively For Dinner A KREE pint bottle ol Remv Martin XO when your i meal exceeds $300 per table. A bottle ol Dynasty White Wine FREE when vour meal exceeds $120 per table. (MK-rv rrvi un SI Mav («> N«*
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    • 124 3 This week, go cm a treasure hunt with The Economist. For the curious and intelligent reader, The Economist is a treasure trove of information not found elsewhere. Every week, The Economist searches out the facts behind the headlines from the highest echelons of power in international politics, finance, science and
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  • OVERSEAS
    • 414 4 UPI THE KREMLIN has thrown cold water on President Ronald Reagan's Pacific Community proposal, calling it a "militaristic bloc" and making a counteroffer that includes Soviet participation in political and economic cooperation. A Soviet statement on the Asian-Pacific region, published by Tass news
      UPI  -  414 words
    • 71 4 Reuter SWITZERLAND yesterday lifted its nationwide freeze on assets of former Philippine president Ferdinand Marcos in all but four centres where the Manila government has identified funds of more than US$1 billion believed to belong to Mr Marcos. Assets in banks in Zurich, Geneva, Berne
      Reuter  -  71 words
    • 229 4 UPI IN SPITE OF recent record harvests, an estimated 100 million Chinese still go hungry and suffer from widespread malnutrition caused by one of the world's poorest diets. James Ingram, the executive director of the UN World Food Programme (WFP), said
      UPI  -  229 words
    • 188 4 AP, UPI BRITAIN has turned down a request from 11,500 Indian and non-Chinese residents of Hongkong to be given full British citizenship after the colony reverts to Chinese rule in 1997. But the British government said it would place endorsements in the new passports
      AP,; UPI  -  188 words
    • 341 4 UPI AN ISRAELI GENERAL charged with illegally trying to 9ell US-built arms to Iran has threatened to expose his government's alleged role in the thwarted US$2 billion deal if he is extradited to stand trial. The reserve officer, MajorGeneral Avraham Bar-Am,
      UPI  -  341 words
    • 902 4 ARRIVALS Operator Service number Local time From SIA UA FT SV CAL SIA MAS SIA MAS MAS SIA CPA SWR RBA SV GA SIA SAS SIA SIA THAI SN MAS GIA SIA MAS SIA GIA SIA GIA SIA RBA RJ SIA SIA SIA THAI A'FLOT THAI MAS
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    • 369 5 AFP THE WORLD'S economic centre of gravity was being changed by the "energy and enterprise" of Pacific Rim nations, President Reagan said. Since World War Two, the Pacific nations "with almost no territory and few natural resources have become dynamic centres of commerce and production,
      AFP  -  369 words
    • 271 5 Reuter THE US State Department's top economist said the massive Japanese trade surplus with the US should no longer be the measure of relations between the two countries. Allen Wallis, the Undersecretary of State for Economic Affairs, said that up to 1979, when
      Reuter  -  271 words
    • 240 5 AP THE UN War Crimes Commission concluded in 1948 that there was enough evidence to prosecute Kurt Waldheim for the murder of Yugoslav partisans during World War n, the Washington Post said on Wednesday. The commission put him on its top
      AP  -  240 words
    • 482 5 UPI FEDERAL RESERVE chairman Paul Volcker said on Wednesday the rise in the yen was a positive sign for US exporters but the health of the world economy depends on other nations improving their growth rates. "For the past three years the United
      UPI  -  482 words
    • 232 5 Reuter THE SEVEN-NATION summit in Tokyo next month is unlikely to agree to convene an international monetary conference, according to a senior Reagan administration official. The official said: "I do not believe that you'll see anything coming out of the summit calling for an international
      Reuter  -  232 words
    • 84 5 Reuter A PASSENGER airship service was launched over London this week, the first such service in Britain since the German airship Hindenburg caught fire in the US in 1937 killing 36 people. Aviation Minister Michael Spicer launched the Airship Industries Skyship 500-02 on Wednesday and
      Reuter  -  84 words
    • 218 5 AP THE Reagan administration clashed with Congress on Wednesday in a US Supreme Court confrontation over the validity of a law that requires a balanced US government budget by 1991. Under brisk questioning from the justices, both sides engaged in a highly technical debate
      AP  -  218 words
  • Page 4 Advertisements
    • 283 4 NETWORK VIG FROM WANG INCLUDES DATA PROCESSING AND OFFICE AUTOMATION. ANYTHING ELSE IS NOT WORKING Effective communications is often the key to business success. And in most businesses, the key to effective communications is networking. Unfortunately, most of the companies that supply networking offer only a partial solution. Which is
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    • 53 4 I a II I I II 11 I Every Tuesday. Thursday, Saturday and I I II I 11 II Sunday. Leaving Changi Airport at I I v V/l 1 22:05 hours and arriving at Heathrow at 07 05 hours the following morning. Call Air Canada at *****55 or your Effective
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  • Page 5 Advertisements
    • 140 5 ShangriLa hotel i 117 Where else puts you in the heart of Kuala Lumpur at such affordable prices. Where else brings you the luxury of the city's kuala lumpur largest hotel rooms and eleven places to wine and dine. Where else but the Shangri-La. Kuala Lumpur's finest hotel. "lijSSSBpk. A
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  • Page 5 Miscellaneous
    • 49 5 Doonesbury sir.? po you REMEMBER.ME* PEANHONEY* CANTT...I. > > COUGH! s m i. i BY GARRY TRUDEAU YOUKE BACK AT THE college. you've been unpek TUB INFLUENCE; OF A ZOMBIS COMPOUND 0JE>R5 GOING TO TKf TO DRY YOU OUT. SOJV9T RELAX ,OKAf* i rUir. v-Wk/X WA m mm xZ l#
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  • AIR CARGO
    • 468 6  -  Promotion of Singapore as sea-air centre paying off By LIM SOON NEO THE AIR FREIGHT industry has taken off well so far and indications are that this sector will be able to buck the downtrend experienced by other sectors of the economy. The industry has, since
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    • 243 6 AIR CANADA suffered a net loss of C$14.8 million last year against a $28.1 million net profit in 1984 in spite of improved cargo and passenger revenues. Operating income for last year fell to $1.5 million from $42.8 million in 1984. The key indicator
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    • 95 6 Reuter KLM ROYAL DUTCH Airlines has said that its provisional load factor fell to 70.3 per cent in March from 74.6 per cent in March 1965, against a provisional 65.9 per cent in February this year. Traffic fell one per cent in the month from
      Reuter  -  95 words
    • 463 6  -  By SHAHRIR ARIFF FREIGHT FORWARDING company KC Dat doubled its air freight business last year to $1.5 million, compared with $700,000 of sales the year before. This was the result of stronger marketing and better set-up of its air freight division following the
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    • 134 6 ALIA, the Royal Jordanian Airline, announced last month that it would acquire six Airbus A320s and six A310-300s as a key part of the airline's 10-year fleet modernisation. Delivery of the A320s is planned for 1990 and 1991, and Alia will use them on regional routes.
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    • 195 6 ARRIVALS Operotor Flight Local From number time FRIDAY FT FT7I 0110 JFK/ORD ANC/NRT MNL/TPE FT FT71 2355 JFK/ORD ANC/NRT TPE SATURDAY CAL CI333 0315 TPE CV CV796 0845 LUX/DXB KAL KE685 1910 SEL SUNDAY FT FT73 2355 lax/sfo ANC/NRT OSA/TPE MONDAY NW NW903 1840 JFK/IAH LAX/ANC NRT JAL
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  • Page 6 Advertisements
    • 300 6 Computers and Communc*bon« A A /a <? 4 u a t m -V #4 x < Bi-directional tractor shown optional Pinwriter P7 The affordable Pinwriter P7 has what it takes to look good whatever you print. With a 24-pin printhead for superb text and dazzling graphics. It's faster and quieter.
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  • BANKING AND FINANCE
    • 776 7 SINGAPORE The US dollar recovered against major currencies to close firmer yesterday compared with New York levels in thin and nervous trading. The dollar closed stronger at 168.30/40 yen against New York's 167.60/80 close, after falling to a new record low of 166.65 yen in the morning. It
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    • 303 7 Asian market ASIAN DOLLAR deposit rates closed steady to slightly higher yesterday compared with Wednesday's level, in light trading. One, three and six months closed at 7 6-7/8, 6-7/8 6-3/4 and 6-13/16 6-11/16 per cent respective ly, all up 1/16 point from the previous close. Two months ended steady at
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    • 310 7 BA Futures JUNE Ear«UI!ar opened one tick higher yesterday than the CME close at 93.27. The firmer tone during the London opening saw the June contract traded to 93.31 and closed at the day's high mainly on short-covering activities. Currency futures opened sharply higher. June yen opened 33 ticks
      BA Futures  -  310 words
    • Article, Illustration
      91 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1-3/8 point from Wednesday to close at 4-7/8 per cent yesterday. The one-month term rate rose by 1/16 point while the two and threemonth rates remained unchanged. Mutts the average of the print lendhf rates tf 12
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    • 253 7 Interbank rates at 3pm yesterday: Currenciee Nominal 1 rale* Smithsonian Bid Otter croea parity change Local dollars to one unit of foreign currency: US dollar 2 1930 2 1940 2 8196 -22 22 Sterling pound 3 3750 3 3787 7 3469 -54 06 Australian dollar 1 5976 1
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    • 233 7 HONGKONG: The metal closed steady in fairly quiet and lacklustre trading yesterday in the absence of fresh factors. Bullion ended at US$346.30 70 an ounce compared with New York's $345.75/346.25 close and the $347.00/40 finish here on Wednesday. On the local market, gold lost HK$10 to close at $3,199.50
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    • 573 7  -  By ALVIN TAY THE TOP MAN at the Singapore branch of HongkongBank yesterday unveiled the bank's fiveyear plan and said it was confident of becoming profitable again this year. The chief executive officer, John Hill, told BT yesterday that the bank incurred a
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 435 8 Congratulations! Premier Realty, we are proud to have played our part in the development of K A SATOKOGNO CO HH LTD Main Contractor Singapore Regional Office 149 Rochor Road, #04-14/15 Fu Lu Shou Complex Singapore 0718 Telephone *****33 1 k i Earthworks Substructure Contractor Schindler Lifts (Singapore) Pte Ltd Lifts
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  • Page 9 Advertisements
    • 384 9 We are right in the middle of the new action- oriented hub. Whatever you sell,you owe it to yourself to find out more... Act Now its ft l-l fy> i m M 5:2 r C V» s *5^ Mr V> > fcj-rlL r- r V>1« i .m iiiiiS r j»jt
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  • FEATURES
    • 492 10 IRONICALLY, at a time of falling interest rates, interest repayment has become the greatest preoccupation of the building and real estate sector. This year, contractors, developers and home buyers will have to fork out at least $630 million to service their bank loans of $8
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    • 1256 10  -  The election of new council members of the Singapore Society of Accountants this year has divided the members into two camps. The election platform is whether accountants should be allowed to advertise, reports LUCY NG. LUCY NG. THE STEREOTYPE of an accountant quiet, very sane,
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    • 528 10  -  Letters to the Editor X. V T Lu Sinclair (Mrs) Registrar The Singapore Society of Accountants Dear Sir We refer to your feature "The credit side of advertising" (BT April 24), comprising an interview with the National President of the Australian Society of Accountants (ASA),
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    • 69 10  -  James Koh General Manager Operations Dear Sir We refer to Mr Harry Tan's letter (BT April 24). Diners Club, which treats all establishments alike be it big or small, provides twice weekly payments promptly. We also have an immediate payment-on-the-spot service. We would appreciate it
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    • 193 10  -  D W Distant Dear Sir You published in your paper on Feb 24 and April 22 my letters complaining about the very detailed application form one bank-owned brokerage com- pany required would-be clients to complete and my plea to the Big Four local
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  • Page 10 Advertisements
    • 116 10 The comfort in our Business Class really compares rather well Marcel Breuer, "Wassily Chair", Knoll-Collection, 1925. Le Corbusier. "LC2" 1928 Eileen Gray, "Bibendum", 1929 Mies van der Rohe, "Barcelona Chair". Knoll-Collection. 1929 f' "jig/ Charles Eames. "Lounge Chair". 1956 Harry Bertoia. "Diamond Chair". Knoll-Collection. 1952. These seating classics can be
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  • Page 10 Miscellaneous
    • 684 10 CRYPTIC PUZZLE ACROSS 4 Princely Victorian (6) 7 Occasion of fun, outwardly fleshly (8) 8 Unhappy about the beer (6) 10 Outright demand for payment for fish (5) 13 One figures to do them (4) 14 Sensible, as possibly when given some money (4) 15 Figure a politician a bit
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  • SPORTS
    • 353 11 UPI TERRY BUTCHER and Glenn Hoddle scored with first-half headers to give England a 2-1 win over Scotland in a World Cup warm-up match at Wembley Stadium on Wednesday. Scotland's only goal came from a Graeme Souness penalty in the 57th
      UPI  -  353 words
    • 271 11 AFP WORLD SQUASH Grand Prix leader Ross Norman feels he is getting nearer to ending the magnificent five-year unbeaten run of Jahangir Khan. Despite losing for the umpteenth time in straight games to the world champion in Tuesday night's British Open final
      AFP  -  271 words
    • 437 11  -  By WALTON MORAIS SINGAPORE will meet Indonesia in the first round of the US$100,000 Dunhill Cup Pacific zone golf competition which tees off at Bukit on May 2. In the draw held on Wednesday night in England but announced here last night, Singapore avoided the four
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    • 377 11 AP BOLD ARRANGEMENT, an En-glish-bred 3-year-old colt, will be ridden by Laffit Pincay Jr in the Kentucky Derby next Saturday if all goes well in the Blue Grass stakes, said trainer Clive Brittain. "If the horse runs up to scratch, he'll ride
      AP  -  377 words
    • 212 11 Reuter, AFP LESTER PIGGOTT, nine times an Epsom Derby winner, returned to the course on Wednesday to saddle his first winner as a trainer when Geordie's Delight captured a race for maiden three-year-olds. The biggest cheer of the afternoon was
      Reuter,; AFP  -  212 words
  • Page 11 Advertisements
    • 426 11 SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore) Half Year Report and Dividend Announcement The Board of Directors of Singapore Press Holdings Limited announces the following unaudited results for the half year to 28th February 1986 To assist shareholders in the evaluation of the half year performance, the comparative figures, being
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  • Page 11 Miscellaneous
    • 1264 11 to vm mm FRIDAY BACKGROUND 7.50pm, Channel 5 The upcoming Tokyo summit and "Xinyao", Mandarin songs written by young people about school life and teenage problems are the topics that will be looked into. Friday Background will also interview Kishore Mahbubani, Singapore's permanent representative to the United Nations. K. KITING
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  • INTERNATIONAL STOCKS
    • 316 12 FT ROYAL TRUST, a diversified Canadian financial services group, is to take control of a British merchant bank, a City stockbroker and various other international banking operations by acquiring Dow Chemical's financial services subsidiary for US$168 million. The assets being bought by Royal
      FT  -  316 words
    • 168 12 AP FIRST-QUARTER earnings of Exxon Corp, the largest American oil company and second-largest corporation overall, were up by 31 per cent over the same period last year. Its net profit totalled US$1.7 billion compared with 1.3 billion in the first quarter
      AP  -  168 words
    • 307 12 Reuter WALL STREET share prices closed slightly lower on Wednesday after recovering from sharp initial losses as two days of prof-it-taking lost momentum. Analysts said the sell-off and recovery shadowed the action of bonds. Stronger oil prices had set both markets on edge.
      Reuter  -  307 words
    • 122 12 An 23 Abrtib. Ale on Algomo Bonk Moot Bonk Novo Scotia a 25* 43* 18 33* 14V, 40 Vi H unch Imp 04 Inco Int Pro* Pipe lu Intl Kerr Add Lototow B Mossey Ferg Mc Blodel 42* 20 43 *i 22% 15* 27* 3 050 31* unch unch
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    • 224 12 AFt 23 Kond INDUSTRIALS Trust Bk Un Steel Wooltru 153 70S 1300 2 unch A Alpha Abercom 197 unch MININGS AH*. Aeci Amoprop 1100 560S -25 Arvgvaol *****6 unch AMJC Bortowi C G Smith 3725 1550 2650 50 20 unch Buffets Charter Cons Gold 6600 1150 ***** 300 50
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    • 357 12 Aft 23 US$ Frestone Tee 24* 17* Natl (jypsum Co 68 11 Ale on Alumwi 3IW FMC Cp 96* 50% 40* A*eg Intl 21%. 17* 92* sm Afced Stores Alis-Chalmers Am Broods Inc 40* 5* 88 2 GAP Cp 69* Ohio Edison 19V. 44% Am Can Co 72*
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    • 930 12 Amsterdam AN 23 Fh abn ***** -65 Aegon 108 30 2 9 Ahold 78 00 -0 7 Akzo 172 00 -6 9 Alrenta 153 50 -02 AMEV 85 50 -0 3 Arrv o Bonk 102 80 -16 Ass Stod 129 50 1 BcrV il 3030 -07 Borsumq 685
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  • Page 12 Advertisements
    • 587 12 *"i -4'. ysxsfM- a* *t uA m I'JI H w w T, ir»^P m 0^ W-. ss m s m )c.9 HH s». v Z2 i r 1 r "I If Royal Holiday Inn Singapore celebrates IJ :M3V%iT« :f M SECRETARIES' WEEK 1986 APRIL 25 Bridget Green A Aeman Omarl
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    • 171 12 London stocks Page 17 AND THE PERFECT COMBINATION GOOD Ml'SlC AND GOOD WINE GOOD FRIENDS AND LAl'GHTER YOU AND YOl'RS AT THE LOUNGE ROSEMARIE. DAISY. MAMTUCA .AND EMMANUEL. WITH CHART TOPPERS. OLDIES AND ROCK N ROLL. PIT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OUT ZTOUrrluitl K<ad S.nrjpwrOftB TH
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  • ASIAN STOCKS
    • 382 13 HONGKONG: Share prices yesterday surged in heavy trading as the Hang Seng Index climbed above the key 1,800 level. The index rose 41.32 points to 1,824.51, just below its record high of 1,826.84 reached on Jan 9. Brokers said institutional buying of HK Bank shares and the utilities sector
      382 words
    • 224 13 Kofn 25 60 -0 1 API 24 AJ Sincere Indus HT 2 76 24 60 -0 06 -02 Kuochan De* Lee Chang Yuen 20 30 24 80 -02 06 31 20 -03 1260 -0 15 Chang Hwo Bank 44 30 -05 36 00 •0.4 24 80 21 00 -11
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    • 423 13 TOKYO: Prices yesterday fell in moderate trading depressed by worries over the yen's rapid rise and ahead of the start of trading for May delivery tomorrow. The market average lost 65.97 to close at 15,682.05. Turnover was 530 million shares against 600 million on the previous day, when the
      423 words
    • 74 13 APR 24 Phd OverMas PHiex B 0013 -0 002 0 1950 -0005 Acop Mmg Pxop B 001 unch -1 PLOT 74 50 -05 Arto» Coo H IS Bovc Petroleum 0 003 -0 0006 Benguet Con. B F**t Phi Hklgs Leponto B Morcoppef no +2 365 -0 05 0 0750
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    • 345 13 SYDNEY: Australian share markets yesterday shrugged off earlier losses and closed slightly firmer, buoyed by renewed interest in industrial stocks. At the close of trading, the All Ordinaries Index had risen 3.1 points from Wednesday's close to 1210.3 after falling to 1205.0 in earlier trading. The All Industrials Index
      345 words
    • 74 13 APR 24 Won Hyundo. Cor»t Hyundai Motor Bonk Seoul 685 -50 Commercial Bk 715 -25 Yukona. Doekmlnd 512 -50 Korea S*p 2060 -50 390 -30 Doewoo Corp 920 -50 Lucky Ltd Doewoo Ind .1100 -70 Sormung Co Dong Ah 468 -30 I"""?* 0 GoldStar..™ 1299 -70 Samwhan HanrfBk 720
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    • 114 13 BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.18 to 129.33. Turnover amounted to 239,574 shares valued at 44.5 million baht. AM 24 Befcts Ao Khom Thai Stam Cement 467 unch ASM FJK« Ayudhyo Investment 123 i Statu Crtuens Bangkok Agro-tnd Bangkok Bor* 23 180 0 25 inch
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    • 66 13 AP TRAFALGAR HOLDINGS LTD, which, with its British partner, abandoned a hostile bid for Minebea Co of Japan, said the partnership made a "substantial" profit on the sale of some of its holdings and expects a similar gain on the rest. The rest of the partnership's
      AP  -  66 words
    • 234 13 Reuter THE OSAKA stock exchange has formally sought approval from the Japanese Finance Ministry to allow futures trading in a package of leading shares, and hopes to launch the contract by late this year. A ministry official said that the proposal, submitted on Wednesday,
      Reuter  -  234 words
    • 57 13 Reuter REUTERS Holdings PLC is launching the Reuter monitor dealing service in Japan under an arrangement with Kokusai Denshin Denwa Co Ltd, a world telecommunications agency. The service enables dealers in currencies, money market instruments, bullion and bonds to contact each other round the world within secoi<ds and
      Reuter  -  57 words
    • 148 13 AP AMERICAN EXPRESS Bank is to buy 40 per cent of the government-owned International Corporate Bank (Interbank), the Philippines' seventh largest bank. Philippine Finance Minister Jaime Ongpin, who returned early this week from meetings with the International Monetary Fund and other
      AP  -  148 words
  • Page 13 Advertisements
    • 157 13 9 m m i m m as The start of an experience so authentic yet unique. a* m t.-'. -V" Mf0 44 m WOpening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA-MANI -INDONESIAN RESTAURANT- A Taste of For the FIRST time in Singapore. Ever
      157 words
    • 134 13 ILkJu JAPANESE RESTAURANT m *r| m *S~m 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 1st and June 30th. Call 732 1222 ext. 1589 for reservations See you soon Cheers! Ample free
      134 words
    • 135 13 sound and sheer imagery i ••ft t r 1st Drink Charges: Sun Thurs: 9pm 2am; $18 Fri, Sat Eve of Public Holidays: 9pm 3am; $23 8fii /Excelsior Hate/ 5 Coleman Street, Singapore 0617. Tel: *****33 Meals at Cafe De Grand are twice as good. M ii I < 111 t»
      135 words
    • 144 13 V5EEKapwl21- 24 Four ways to show your secretary just how much you appreciate her Pete's Place S25* Lunch and fashion show by Carrie's. Nutmegs $26' Lunch and fashion show by IMP International Hugo's $30* Lunch and fashion show by Elsa Yeo Agency The Lounge S9,50* Teatime fashion show by Mannequin
      144 words
    • 230 13 You can taste it with your eyes BUSINESSMAN'S IIIMCH (Daily) $14.00 for 2 (4-course Set $21.00 for 3 (5-course Set $28.00 for 4 (6-course Set $35.00 for 5 (7-course Set persons Lunch) persons Lunch) persons Lunch) persons Lunch) A la carte authentic Sichuan Cuisine also available. Cater to weddings, anniversaries
      230 words

  • RAW MATERIALS
    • 354 14 FT LOWER NICKEL PRICES have plunged Canada's Inco back into a quarterly loss for the first time since the September quarter of 1984. The loss for the first three months of this year amounts to US$3.5 million and follows a net profit of
      FT  -  354 words
    • 109 14 Reuter THE PESKY and prolific opossum, trapped and shot by New Zealand farmers for its skin, is now worth double the price of some sheep skin, fur auction figures show. The average skin price of the bright-eyed, furry, tree-climbing marsupial rose to US$4.25 at recent
      Reuter  -  109 words
    • 52 14 Reuter THIS SCENE may cause soma people to gat all choked up. A group of Catalonian farmers is seen here unloading 25,000 kg of artichokes in a central Madrid street on Monday in proteet at the low prices their crop is fetching at the
      Reuter  -  52 words
    • 146 14 Chinese Produce Exchange Sellers' noon closing prices on Apr 24 (SS/100 kg). Coconut oil Bulk FOB Old drum FOB New drum FOB 50 00 63 00 67.00 Copro Mixed (loose) 28 buyers Pepper Muntok White FOB NLW Sarawak White FOB faq NLW Sarawak special block FOB NLW Sarawak
      146 words
    • 252 14 WHEAT FUTURES on the Chicago Board of Trade closed higher on Wednesday, ranging from six US cents higher in spot May to up cent in December. May closed near the top of a 6'/i-cent range. The strong recovery in May from Tuesday's decline came on the back of a
      252 words
    • 72 14 THE KLTM price eased a cent to M$14.€9 a kg in moderate trade yesterday. Volume supplied fell to S3 tonnes from 53 tonnes on Wednesday, mainly on Malaysian disposals. The initial offering was tl tonnes. Miners were willing to commit themselves in spite d the lower levels dne
      72 words
    • 186 14 SOYBEAN FUTURES on the Chicago Board of Trade ranged from unchanged in spot May to down two US cents a bushel in distant July at the close of a dull session on Wednesday. July ended near the middle of a 4'/4-cent range at $5.23'/i, off one cent. The lack
      186 words
    • 66 14 Bangkok (US$/tonne, FOB) White Rice 100% 1st doss 240 100% 2nd doss 215 100% 3rd doss 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-l Super 115 A-l Special 112 C-1 Special unq C-l Od unq Loonzain Rice 100% 1st grade unq
      66 words
    • 586 14 COFFEE A firm New York opening triggered a wave of jobber buying and commission house short-covering to lift robusta futures to new highs on Wednesday before light profit-taking in New York and London pared gains. At the close, July was £3 up from the previous close at £2,314,
      586 words
    • 291 14 SINGAPORE The market closed firmer yesterday with May One RSS buyers quoted at 164.50 cents per kg, up 1.50 cents from Wednesday. Dealers said the morning session recorded a gain of one cent on some covering of nearbys with higher Japanese advices aiding sentiment. Prices rose half a cent
      291 words
    • 324 14 RAS prices < in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 164 00 165 00N 164 50 165 50N Int 1 RSS May 86 164 00 ***** 164 50 165 50 kit 1 RSS June 86 163 00 164
      324 words
    • 108 14 (cents/kg, 1-ton pallets) 86 JUNE 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 155 00 157 OON 155 00 157 OON SSR 50 152 00 154 OON 152 00 154 OON MRELB Buyers Sellers Buyers Sellers SMR CV 207.50 209 50N
      108 words
    • 172 14 MALAYSIAN crude palm oil prices closed lower yesterday on light persistent selling, in line with the fall in palm oil futures and weaker overnight Chicago soy oil futures. Trading was quiet and cautious throughout the day as operators were reluctant to trade ahead of the outcome of India's
      172 words
  • Page 14 Advertisements
    • 603 14 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Yeo Pong Pah of No. 61F, Jin. Geok Siang Nng Singapore, 2367 have applied for a Wholesale Liquor Shop Licence in respect of premises at M/s: Seng Huat Hoe Kee 61F Jin. Geok Siang Nng Singapore, and that this application will be
      603 words
    • 460 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Mi Fong Trading Pte Ltd of 3 Shenton Way #17-04 Shenton House. Singapore 0106 hereby give notice that in consequence of our intention to change the name of our vessel 'Ohm Mariana 1 we have applied to the registrar of Singapore
      460 words
    • 485 14 NOTICE OF THE DIRECTORS' STATUTORY DECLARATION MADE PURSUANT TO SECTION 219(1) OP THE COMPANIES ACT, CHAPTER 185. We, KWEK AIK NAM, BAKAR BIN KARIM and LIM WEE SIONG, the Directors of NEW OCEAN TRADING COMPANY PRIVATE LIMITED do solemnly and sincerely declare:1- THAT the Company cannot by reason of Its
      485 words
    • 501 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF MBI COMPUTERS PTE. LTD. (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP AT an Extraordinary General Meeting of the members Of MBI COMPUTERS PTE. LTD., duly convened and held at 177B. Goldhlll Centre, Thomson Road, Singapore 1130, on
      501 words
    • 113 14 PEARL'S HEALTH CENTRE PTE. LTD. (Incorporated In Singapore) LOST SHARE CERTIFICATE Share Certificate No. 4 issued in the name of Chan Oi Chun for 5,000 shares has been reported lost. Notice is hereby given that if within 14 days from the date of publication no claims or representation is made,
      113 words

  • SHARE INFORMATION
    • 4233 15 SHARE PRICES closed easier on the Singapore stock market yesterday after a day of quiet, mixed trading with prices moving in narrow bands. At the close, the Straits Times Industrial Index was 2.46 points lower at 574.19 and the more broadly based BT
      4,233 words
    • 246 15 SINGAPORE Rises Indies* Apr* 23 Apr* 24 H Leong Credit 356 +16 »IJKK Jf.tft SI A 625 10 *****34 oi ,CS 430 6 0./0S _95 -91 5 H 590 5 »TCAW _7364 _7414 GoU Omp 144+2 ?I°* V S7??9 f v t— iac xo ITbtdiittriois 576 65
      246 words
    • 2641 15 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number o( shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      2,641 words
    • 291 15 Monogers' prices for April 25 MARA-Bumiputra First B'putro 4 21 4 26 Singapore Unit Trust Second B'putro Thard B'putro 3 74 3 18 3 79 323 The Commerce 0 78 0 83 Fourth B'putro 3 40 3 45 The Savings Fund 0 60 0 65 Fifth B'putro 1
      291 words
    • 130 15 HONGKONG Australian Industrials Hong Kong Index Thursday 1974 4 Wednesday 1968 3 Thursday 1133 45 Week ogo 1971 9 Wednesday 1107 42 Week ago 1129 34 NEW YORK Hong Seng Index Thursday 1824.51 Wednesday 1783 19 Week ago 1812 00 Dow Jones Wednesday 1829 61 Tuesday 1830 98
      130 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 517 16 Key variables of fuel and currency in airline's favour aaaasi? saaja BRITISH stockbroker James Capel, now a subsidiary of HongkongBank, recommends that investors apply for shares in Cathay Pacific Airways, which is making its stock market debut in Hongkong on May 15. The stockbroker says that
      517 words
    • 520 16 MBT THREE COMPANIES in the Malaysia Mining Corp stable have continued to report poor results in line with the dismal conditions in the tin-mining industry. Tronoh Mines Malaysia recorded a 35.4 per cent fall in group pre-tax profit to M$5 million for the year
      MBT  -  520 words
    • 540 16 SHARE PRICES were traded lower across a broad front on the Kuala Lumpur stock market in quiet trading. Only property counters attracted investor interest and bucked the general downtrend to put on moderate gains. Other stocks in the industrial, finance and plantation sectors were
      540 words
    • 431 16 MBT PROPERTY DEVELOPER Datuk Mak Kok, who is suing Promet chief executive Brian Chang over the disputed oral agreement to sell him 100 million Promet shares for M$110 million, is seeking an early hearing, following the company's announced intention to dispose
      MBT  -  431 words
    • 190 16 MBT PACIFIC Chemicals Bhd (PCB) will remain as a chemical-based company because the industry gives it a broad area to work on, and there is still potential in the chemical products market. Managing director Anthony Petley said the group will continue to look for
      MBT  -  190 words
    • 2476 16 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRIALS Acmo (0 968) Ajinomoto xd AMD (3 34S) Akom
      2,476 words
    • 117 16 BRITISH-AMERICAN T#bMM C« (S) Ltd: 43rd AGM at 57 Senoko Drive, Singapore on today at 11.30am. GENERAL LUMBER (Haldlaga) Berhad: 23rd AGM at the Dewan Mohar 1, Hotel Dayang, Off Jalan Barat, Petaling Jaya today at 9.30am. UNITED bteruttMal Securities Limited: 16th AGM at the Board Room, United
      117 words
    • 89 16 MALAYSIA is also looking into amending certain sections of its Companies Act "to plug existing loopholes". Trade and Industry Minister Tengku Razaleigh Hamzah said this is to ensure maximum safeguards for minority shareholders. He, however, did not disclose which sections of the Act are to
      89 words
    • 548 16 LAST FULL YEAR Company Period Date Yeor Net EPS Gross Net announced last yeor ending (cents) di* profrt ($'000) Mulpho Intl Interim Aug 24 Dec 85 3.0 738L Federal Flour Interim Sep 11 Dec 85 27 1 17 5 22,988 S J Amol Interim Dec 19 Mar 86
      548 words
    • 516 17  -  By RAMESH CHANDIRAMANI THE STOCK Exchange of Singapore, which has taken a sudden interest in the $10-million worth of contentious forward share contracts Prima Ltd entered into last year, has asked the company to furnish more details. Making reference to footnote 11
      516 words
    • 411 17  -  By LORETTA McLAUGHLAN MR UN TAH HWA, the senior partner in troubled stockbroking firm Lin Securities, has abandoned an attempt to rescue the firm from liquidation. In a letter dated April 10 sent to the company's creditor banks, Mr Lin said he wished
      411 words
    • 260 17 MBT PROPERTY and plantation group Island and Peninsular has reported a drop in earnings for the year ended Jan 31. IfcP saw a 5 per cent fall in group pre-tax profits, according to unaudited results released yesterday. I&P registered a group pre-tax profit
      MBT  -  260 words
    • 620 17 MBT MBF HOLDINGS BHD (MBf) will no longer be a partner of US-based Dow Chemical Company when the proposed acquisition of the assets of Dow's wholly-owned subsidiary, Dow Financial Services, by Canada's Royal Trust Ltd goes through. Royal Trust will acquire the international
      MBT  -  620 words
    • 312 17 TONGK AH H•Mings' 30 per cent owned associate Tongkah Harbour Ltd, which operates a dredge in Bangtao Bay and Phuket Bay in Thailand, has closed its mining operation due to the recent drastic fall in tin prices to a level below the dredge's operating costs. Steps have been
      312 words
    • LATEST RESULTS
      • 62 17 Group pre-tax loss of MJ5 58 million in the year ended Jan 31, 1986, compared with pre-tax profit of $10.45 million previously. The loss was mainly due to a material adjustment for doubtful receivables in a subsidiary amounting to $11.73 million. No dividend will be declared
        62 words
    • 656 17 SHARE prices yesterday opened mixed in moderate trading, with operators standing back from the market awaiting ICI's first quarter figures. At 0835 GMT, the FTSE 100 Index was up 0.4 to 1,633.1. Wall Street's recovery overnight to close only slightly lower after sharp early falls helped stabilise the
      656 words
  • Page 16 Advertisements
    • 184 16 AjL U* Lu Zu Chun (Green Bamboo Village Chinese Tea House) now open TJ •J' at the basement level of Hotel Equatorial. We stock many varieties of A/ CflUn Chinese tea and unique drinking crockeries suitable as gift items < irvrn K*nl>>>\ilUx' •4-jRS IdetiThoenix %chiat(Vegetarian Hast And how it all
      184 words

  • Page 17 Advertisements
    • 251 17 8S m i i K w «r 1 28 w a 1 a m VA mm a Copenhagen, Athens, Frankfurt, Rome, Zurich,Amsterdam, Paris, London. For some very good reasons! Thai has been making flights to Europe a much more rounded experience for the traveller. We've eliminated over two and a
      251 words

  • 497 18  -  By CHAN OI CHEE THE TRIAL of Malaysian busi-nessman-politician Tan Koon Swan, scheduled to begin on May 5, has been postponed to August. This is to enable the defence to effect certain financial arrangements, details of which have not been disclosed. Defence lawyer
    497 words
  • 343 18 FORMER Pan-Electric Industries director Peter Tham Wing Fai has been pronounced medically fit for further state questioning. Tham, who faces 25 charges of committing and abetting criminal breach of trust (CBT) and share forgery, is being remanded at the Central Police Station and the case will
    343 words
  • 124 18 AN A$152 MILLION issue of 25 million shares of Westpac Banking Corp in Japan closed yesterday in "near-record time". A spokesman of the Australian bank said the issue opened in Tokyo yesterday morning and before lunchtime, the allocation for the lead manager, Nomura
    124 words
  • 19 18 PARLIAMENT will sit again on May 5 at 11.00am, the Clerk of Parliament said in a statement yesterday.
    19 words
  • 384 18  - Coming compound options By SON TIANG KENG Financial Correspondent COMPOUND currency options, also known as "options on options", will make their debut in Singapore in the next few months. T-fliinrhing this new financial product is Standard Chartered Bank, which introduced the instrument in London in March this year. The scheme
    384 words
  • 247 18 UPI THE HEAD of the Khmer Rouge, accused murderers of one to two million Cambodians, has admitted that his group committed "some mistakes" and does not want to reimpose communism on Cambodia. "In the past, of course, we made some mistakes. But to be
    UPI  -  247 words
  • 103 18 Reuter SOUTH KOREA is considering granting preferential import tax rates to European exporters as part of its drive to strengthen economic ties with the European Community. Deputy Premier Kim Mahn-Je told a meeting of ruling party officials in Seoul yesterday that the
    Reuter  -  103 words
  • 231 18 Reuter, AFP THE LOW PRICE of oil will remove a million barrels a day from the present oversupplied market by the end of August, according to Saudi Arabian Oil Minister Ahmed Zaki Yamani. "So much production is being shut down stripper wells
    Reuter,; AFP  -  231 words
  • 328 18 Bernama BERJAYA PRESIDENT Datuk Haji Mohamed Noor Mansoor has said that Parti Bersatu Sabah is not sincere in its offer to share power after the Sabah state elections, to be held on May 5 and 6. The ruling PBS
    Bernama  -  328 words
  • 362 18 Reuter, UPI PRESIDENT REAGAN was yesterday quoted as saying that he would order military attacks against Syria and Iran if there was "irrefutable evidence" that they sponsored terrorist actions. The New York Times reported that Mr Reagan made his remarks about
    Reuter,; UPI  -  362 words
  • 77 18 Reuter COMEX GOLD futures fell on scattered selling yesterday morning by London-based traders following a firm US dollar. The softness in silver also weighed on gold, traders said. In slow dealings, gold for delivery in June was off US$1.50 at $346.6 an ounce which penetrat- ed Wednesday's low
    Reuter  -  77 words
  • 57 18 Reuter WALL STREET stocks continued climbing yesterday from Wednesday's close when the market fought back from sharp intra-session losses and ended slightly lower. The Dow Jones Industrial Average closed 1.37 lower at 1829.61. Advances led declines by a six-five margin, on volume of 15.4 million shares. IBM
    Reuter  -  57 words
  • LATE FILE
    • 36 18 Reuter MALAYSIA will privatise its telecommunications next month. Telecommunications, Energy and Posts Minister Datuk Leo Moggie said yesterday the department would be run by Syarikat Telekom Malaysia Sdn Bhd. Reuter
      Reuter  -  36 words
    • 29 18 AP HONGKONG was yesterday admitted as a full member of the General Agreement on Tariffs and Trade, the British colony's government announced. AP
      AP  -  29 words
    • 41 18 Reuter NORWEGIAN offshore oil unions involved in an 18-day-old conflict that has halted Norway's oil and gas production said yesterday they may ignore the government if it invokes enforced arbitration procedures to end the dispute. Reuter
      Reuter  -  41 words
    • 51 18 Reuter PHILIPPINE President Corazon Aquino has brushed aside speculation about a possible military coup against her. Mrs Aquino has said that she still has "very good relations" with most of the military, though she admitted that some officers remain loyal to former president Marcos.
      Reuter  -  51 words
    • 52 18 Reuter ITALIAN Treasury Minister Giovanni Goria yesterday said he plans a mediumterm strategy aimed at reducing inflation to around 4 per cent from the current 7.2 per cent, and increasing economic growth to 3.5 per cent in 1968 from 2.3 per cent last
      Reuter  -  52 words
    • 40 18 Reuter A REPORT in an official Chinese newspaper which said the country must radically reform its price, tax and foreign trade systems could signal a major shake-up in inefficiently-run state companies, diplomats in Beijing said. Reuter
      Reuter  -  40 words
  • Page 18 Advertisements
    • 164 18 EXPATRIATE COMMENTS ABOUT ARDMORE PARK NO. 3 'Go out on Sunday? We never have time!' ><T\. "£>8f- jj a m 0 w s I At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool. The kids never
      164 words
    • 401 18 a -xfiL r «fc. N. Ma |h* Yu m •f a** > <• "•v i II v v m V K. I The Colonnade offers the discerning: the ultimate. The Colonnade is designed by New York based architect, Paul Rudolph. Who, when commissioned to design The Colonnade envisioned it as
      401 words
  • Page 18 Miscellaneous
    • 36 18 WMm r. several areas in the afternoon Rep. ort for 24 hours prior to 7.30pm on Apr 24 at the airport: Maximum temperature 32.0 Associated humidity 74 Minimum temperature 25.0 Associated humidity 97 VN mum jraMnMi
      36 words

  • SHIPPING TIMES
    • 167 19 THE British merchant navy officers' union is urging MPs to support its case against flagging out and the continued loss of jobs which accompanies such a move. A letter sent to all MPs by the National Union of Marine, Aviation and Shipping Transport Officers (Numast)
      167 words
    • 577 19  -  By JUNE LIM BARBER BLUE SEA is carrying another major revamp of < its global service. This comes almost a year after a similar < exercise was carried out. 1 The company will withdraw i from the US-Middle East service and the
      577 words
    • 300 19 Seatrade Week GOVERNMENT investigators looking into the shipping operations of the Philippine National Oil Co (PNOC) have expanded their investigation to include the company's purchase of eight oceangoing tankers from 1974 to 1962. The inquiry could prove damaging to the otherwise brilliant career of
      Seatrade Week  -  300 words
    • 217 19 THE AMERICAN Bureau of Shipping has awarded the 1985 Halert C Shepheard Award for Achievement in Merchant Marine Safety to James B Robertson. The award is given annually for a single outstanding contribution to marine safety, or for dedication and constructive participation in activities
      217 words
    • PORTSIDES
      • 78 19 Reuter INDIA'S planning commission has approved a transport ministry proposal to replace ageing cargo ships totalling 2.5 million grt during the country's seventh five-year plan ending March 1990, Indian Transport Minister Bansi Lai told parliament. Almost 3.78 million grt of Indian cargo fleet was built in
        Reuter  -  78 words
    • 1321 20 RELATIVELY quiet chartering was reported on Wednesday in most sectors on the London shipping freights market. Rates generally held steady, although there were unconfirmed reports of easier rates being agreed in the grain sector from the US Gulf to Japan. Confirmed business in the grain sector included 25,000
      1,321 words
    • 483 20 FT CHINA, with the help of the Hongkong shipping magnate Sir Yue-Kong Pao, has approached foreign companies and governments in an attempt to put together a foreign consortium and financing package for a joint venture to build a giant
      FT  -  483 words
    • 378 20 UPI FOR SALE: one presidential yacht with a suite used by deposed ruler Ferdinand Marcos and his wife Imelda. Sixteen VIP cabins. Once visited by Ronald Reagan, Henry Kissinger and Brooke Shields. Appraised valued US$3.7 million. Contact President Corazon Aquino. The government announced on
      UPI  -  378 words
    • 114 20 Reuter AT LEAST 24 people died when a Manila-bound ship carrying 350 passengers and crew sank in the central Philippines, a shipping company official said. Frank Malilong, of the Carlos Gothong Shipping Lines, said the fate of other passengers and crew was not known.
      Reuter  -  114 words
    • 170 20 KVAERNER SHIPS Equipment AB of Sweden has secured a major contract to supply the complete ro-ro access equipment to two 9,700-dwt pulp and paper carriers. The two ro-ro vessels are being built by Korean Shipbuilding 4 Engineering Corporation for Sweden's Gorthons Rederi.
      170 words
    • 242 20  -  By Kingsley Wood THE AUSTRALIAN Wheat Board has firm contracts for the export of more than 14 million tonnes of grain for the current shipping year, ending in November. And it has a better than even chance of reaching the
      242 words
    • 852 20 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 -t Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 A PC Line V 4 APL III 2/3 ASCL III 1
      852 words
    • 111 20 Fairplay TRANSITS of the Panama Canal by deep sea vessels increased during the first half of the current fiscal year. Transits during the October-March period totalled 5,991 or 32.9 per day, a 4.2 per cent increase over the same period last
      Fairplay  -  111 words
    • 201 21 AFP A FERRY LADEN with passengers and vehicles bound for Dhaka caught fire on Wednesday while crossing the Jamuna river near the inland port of Aricha, eyewitness reports reach Dhaka said. BSS news agency quoted officials of the Inland Water Transport Corporation (IWTC) as
      AFP  -  201 words
    • 389 21 Lloyd's List SEVERAL LEADING Japanese shipowners have begun a major programme of large ore and combination carrier sales at rock-bottom prices, as newbuildings for the Carajas ore project are delivered. At least ten 1970s-built bulk, ore and ore/oil carriers have either been
      Lloyd's List  -  389 words
    • 344 21 THE WEST GERMAN Columbus Line is adding two more units to its Australian-based fleet that trades to both the North American east and west coasts. They will give Columbus a total of 10 container ships on the route, with five trading to
      344 words
    • 146 21 MORE DEFAULTS under the United States government's Title XI loan guarantee programme mean that the Maritime Administration's ship financing fund debt to the Treasury is now precariously close to US$1 billion. The agency formally announced new defaults which bring its debt to the Treasury to cover
      146 words
    • 176 21 IN ITS FIRST year of operation, the Virginia Export Trading Company (Vextrac) channelled nearly 1,400 tons of general cargoes through the Port of Hampton Roads. Vextrac is the first and, to date, only, federally certified export trading company in the US which is
      176 words
    • 191 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
      191 words
    • 4895 22 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a
      4,895 words
    • 722 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sea Dragon 8606 264.86 0700 Eastern M F7 1800-1900 L6 Tanah Air 25E 26.4.86 0400 Y Fung F1 1800-1900 U1 Wieldrecht 1 26.4 86 1130
      722 words
    • 548 27 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel G Alliance KI2 S'pw® Shp alongside 254/0600 Koto Wangsa K32 p*_ alongside 25 4/1800 Woh Foi K19 Sin Chiao alongside 25 4/2300 Woheng Kl 1 Sm Chiao alongside 25 4/1500 Auby K25W SSPL 25 4/1500 26 4/1500 Equator
      548 words
  • Page 19 Advertisements
    • 731 19 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be I forearmed $22.00. THE BOOKSHOP OOCL Orient Oveiqeas Cmbim\ Line STRAITS EUROPE EXPRESS SERVICE IARDRE SHTftfc AGENCES (Reg N» 242K4/ 0«) 70 Shenton *ay 4T04-03 Minna
      731 words
    • 62 19 CHINA, with the help of the Hongkong shipping magnate Sir Yue-Kong Poo, has approached foreign companies in an attempt to put together a financing package. Page II SEVERAL LEADING Japanese shipowners have begun a major progromme of large carrier sales at rock-bottom prices. Page III Index to advertisers II Shipping
      62 words
    • 1238 19 Available at all good bookshops of the P PUBLICATIONS THE HEART OF THE DRAGON MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT Voy I S* pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA CY 21/4 1SOO HRS CfS 27/4
      1,238 words

  • Page 20 Advertisements
    • 243 20 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER I Pacific South West I Pacific North Waat I Atlantic/Canada I Feeder at Kao I Feeder at Kao Feeder at Kobe ItrnirT'TTTnil I WE3MEB inMnwiiMir-Tirwpainiai'i-'"" :HKMI.wilTTMmMiM ICTCT I iKBrWi-™ ESSIE mi a33nfflnEGEirgEisaiaE MIDDLE EAST Full Container Service (A member of Oasis Consortium) TRANS SIBERIAN
      243 words
    • 215 20 Supercarrier Service «XT AMHVM.S BARfKR PIRSCUS 30/4 BAKMB TONSKRG 27/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm accepfeng tm*n tar Hmatm (MJ). S Franc*. Otalwi Stacktaa mi San Dtag* m I. Angeles. I TO: CARIBBEAN CENTRAL AMERICA 2*24/4 30 t 13/5 4/5 12-15/5 11/5 19-22/5 25/5 CAMKAN
      215 words

  • Page 21 Advertisements
    • 1083 21 (TTi Overseas Containers Limited uOHTAINERSHIP SERVICE TO UK/CONTINENT reuse ma PI CASUS «W S par* P Kttang 27/4 29/4 ONE I an or edmukh framfurt EXPRESS TOWOEVKSS irr MBY STRAITS PHK RAJAH BROOKE BWTANG SODA STRAITS KNTURE ■NT AM BEIAIT STRAITS HOPE CONTAINERSHIP SERVICE FROM UK /CONTINENT R dam Le
      1,083 words
    • 885 21 MULTIPURPOSE VESSEL BLT 1984 229 TEUS (20 REEFER PLUGS) 3825 DWT, 2 x 25T CRANES PANAMA FLAG ETA SPORE EARLY MAY INTERESTED IN CARGO/SOC CONTAINERS FOR P. GULF/INDIA ENQUIRIES TO: RAPID SHIPPING PTE LTD *****44 Franco Belgian Services A* .ir h .I«f h r, n, h S ri i. >.
      885 words

  • Page 22 Advertisements
    • 479 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS FROM N. CONTINENT UK IMPORTS tfbwt B'hjyen Rdam Lehayre S'ton kmmp Neit Ports HK KHH HK KHH w. Km w. Km HK. KHH HK. KHH HK. Km HK. Km m. Km HK. Km Agents SEGANh Simapore *****66 K. Lumpur *****25/6/8, *****19, *****49 Booknt 447U7S P. KHant
      479 words
    • 127 22 IE. LINE !OHt i" »<• 3W FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ A MefT,bfr of ,he ce CwlS0 ,,u,T, K OM AN CHANCE KN SEVEN SEAS 8RCGE MERCAIOR 3IW C. R TOKYO 4N FROM EUROPE VIA SUEZ a A Member ol the Ace Consortium FULLY CONTAINfRISED TO FROM NORTH
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    • 733 22 /jfjf Hai Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines) TLX RS ***** RS ***** TP IE EASTERN C AR LINER. LTD. Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan Vessel Spore PKeta* Kuclmi Mu*a KK SEKI NAGOYA KM J Mi* 5 Mi* <Pm I
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    • 477 22 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) ALSO ACCEPTING ICL/FCl FCE/FCt TO: GOTKMWG AARHUS COrtNWGEN 0S10. STOCKHOLM. HELSWKI. BRQM BREMERHAVEN W H««K LONXM SOUTHAMPTON MANCKSTER BKMMGHAM lIVERPOOL GLASGOW W FELBSTOR* AMSTERDAM VIA ROTTERDAM US WEST COAST FEEDER VSl EVER GOIDEN EVER GOIDEN EVER GOIDEN
      477 words
    • 171 22 IHSINOSE MARITIME PTE LTD RAM EJTIHAD A VESSEL ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Snppsre Lo*fc< tar Rd KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKebnj Lwdnf tar: Oceama Queen In Port lae. Orobay, P Maesby, Oceania Courier 10/5 Rabaul. Kieta, Honiara. Suva Wevak. Madanj Lae.
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  • Page 23 Advertisements
    • 680 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL SEA HAWK SEA VICTORY OOWA SEA HAWK SEA VICTORY SEA HAWK KOTA SMGA VOY SIN JKT PJG PLB •617 S«M«d 2S/4 *601 27/4 2S/4 30/4 058B 27/4 2S/4 H1I 30/4 3/5 •602 4/5 6/5 a/5
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    • 874 23 BLC i BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 17/5 19/5 29/5 21/5 21/5 26/5 29/5 a/5 *1/5 25/5 24/5 25/5 27/5 21/5 19/5 11/5 l/( 1/6 4/6 9/9 9/6 U/( 12/6 14/1 17/6 ll/f 21/t 21/8 21/( 24/1 25/t 27/$ 29/6 M/( 1/7 2/7 4/7 5/7 7/7 5/7
      874 words
    • 366 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD L£V> EKA JAVA AGENCIC8 (S) PTC. LTD. 7 HLAD QHk.t ft 6MAAJ* HQAO MNCAfUNf UN* Ui XkaiB With effect from 23rd April 1986, Our telephone number will be changed from *****2 (7
      366 words
    • 357 23 BOUSTEAD SHIPPING AGENCIES Pa-an V94W Pajan V9SN Htoneywa V/211 Paan ¥95W V* mbtommd 10 «c TOM* MTU* TMUSSM MM* WKMM VIM TMMfTN SIMM V7 CITKBMK V17* IVVMM VIM BURMA FIVE STAR (Burmese National Line) LoaAng for Ranfoon Sport PldMi Penanf 25/27 Apr 10/11 May (P. Gudang) 9/10 May (P. Gudanc)
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  • Page 24 Advertisements
    • 1176 24 USA CANADA ATLANTIC COAST (Round The World Service) Li K LINE KAWASAKI KISEN KAISHA, LTD. C R TOKYO VX/0. FREEDOM ¥8 OCEAN LEGEND ¥2 MARIA ¥10/0 PATRIOT ¥29 N JADE *2 PACIFIC COAST FEEDER ¥Sl SP CJ. TOKYO ¥3E ASIA STAR ¥47 27 PACIFIC SOUTH WEST MOTHER VSl T/S PORT
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    • 806 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers fwder P Kflang isncimR 25 Apt CAIABAR 13 May ESTEUIPPEII 28 Md, I >i*i Vfisti S potf CHAAOOAS 71 Apr 13 May 22 May 70 May 17 May 76 May 22 May 6 ten 16 ten 14 kin 77 Ion 7 M 5
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    • 753 24 GOLDEN LINE GUAN GUAN SWUNG (PTE) LTD 23. TeM Sfrr«1 SMCAfOK 0104 TU S343MI (II IKS) STRAITS/PERSIAN GULF SERVICE: s >" GOlDfW Cotomtw Kiiichi D«tac Ootij Bihiiin i/7 May GOlHN MA KN Colombo Karachi Bombay Dub* N/21 Man PKdMf CHINA OCEAN SWUNG CO.. PEKING THE PEOPLE'S REPUBLIC OF CHMA PKELANG
      753 words
    • 311 24 INTRASEA (PTE) LTD 10 Anson Road "27 16 International P'aza Singapore 0207 Tel *****11 (10 Lmesl VOAASIAUMS o BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LINES) TELEX RS ***** PHILI MEEKLY ia t Fa eta store soviet NDOU-EAST rati far-east port kd sea ran 21/4.
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  • Page 25 Advertisements
    • 645 25 Agents Spate TH No (Met *****77 I. Baton P Ktlang P laya Penang NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIS PTE LTD Ttrmnal CFS BOOK MR *****77 H Ell/AUST TP*/#* *****22 *****53 OR DKCT UKS *****53 27«5742 HARPER MRA SON. BW 2X100 HARPER MRA SON. BHD *****01 36K248 HARPER MRA SON.
      645 words
    • 365 25 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN. INCHON mi Pi^l WIS lb 7 Doium MJN No t Doium 604M 2/5 No I Dm HX 14/S TBA/M2* |7/5 III 7 Omn/tMM 27/5 lb Donjai M4N 31/5 lb t Datum W5N No I Dmm/CMN 19
      365 words
    • 485 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD EFFECTIVE APRIL 23, 1986 OUR NEW TEL NO. *****33 (REGULAR SERVICE) ODESSA OCEAN LINE FULL CONTAINERSHIP SERVICES LQRDWG FPU MEDITERRAHAN POUTS S'pore nUanf Ptiunf Nipta Lefton Gotm MV GEROI MONKADY VOY 8e/86 27/04 28/04 29/04 21/05 19/05 K. V. USHAKOV VOY 9/K ACCEPTMG
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  • Page 26 Advertisements
    • 318 26 ifSf? REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) TO SOUTH THAILAND SONGXLA UM BS3ZI 7. 1 'lin HAIIKI.q'I li: ■»t lUii3/a BUM ITCMI FTTISl MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTOGHTLY TO BELAWAN '55 Mm acctpting LCI (tr«d#mn( and local) for PK/PNG BENGAL BAY CONTAINER EEEDER
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  • Page 26 Miscellaneous
    • 182 26 Regional Weather Ifi I s 1 A 1 r 4 K 9 rj| K! 'i! M V c» L* N ft ■52 SS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c cT w Wind direction with speed in knots Wove height LEGEND R Thunderstorm C ect,on w,th
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  • Page 27 Advertisements
    • 212 27 SERVICES TO CHITTAGONG KARACHI ON HOUCEMINT AGENTS BAYANIHAN SHIPPIRS PTE LTD Tat *****11 Mom) Tlx: R8 ***** BAYHAN *****96. *****99 BATAM, DUMAI, PEKAN BARU REGULAR SERVICE Vessel ETA ETO Loading for GUNTUNG JAYA 28 Apr 29 Apr Dumai/P Baru GUNTUNG JAYA BARU 29 Apr 30 Apr Sefcupang/Dumai BINTANG TERANG 28
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    • 266 27 t COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HUH ROTTERDAM HAMBURG General Agent SIAIION SHIPPING 'Si PTE I ID W.i/KWf SHI IS HOOKMGS HI .VOSfcM (S taw". TFS INTERNATIONAL LINE NVOGC TFS VOV 101 a TFS VOY 102 9 TO HAMBURG Eta Pan TFS VOY G54 1/5 TO
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    • 336 27 ■Hr:;n:r.vii^ini:BM;uTT MM REGULARLML TAIWAN TO SINGAPORE t ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* 6 VESSELS Of LOG CARRERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LMER SERVICE FROM TAIWAN TO SMGA PORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND THAI AND.
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  • Page 28 Advertisements
    • 507 28 TO: EUROPE IG MAM S POM BENIAMAS Slrf SM EXPRESS CONVENTIONAL SERVICE TO ANO FROM UK/CONTINENT PKfUNC P1NANG SM In Port 1/4 toy 6 8 Mj, 9 10 May 11/13 Mil FOR UK RIM HBG BHVN FM: EUROPE PtNAtt WMP« Sid ANCHAN 3 4 Kb* 26 ?9 Apr FM. HBG.
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    • 262 28 LCL/FCL TO A AUSTRALIA MCB, SYD, ADEL, BRIS FREM Also accepts LCL/FCL to other destns FREIGHT MANAGEMENT SINGAPORE TEL *****11 (12 UNES) PORT KELANG TEL 7S3S107/8 PfNANG TEL *****7/*****4 FAROE TRADER TRAVERWAY MARITIME LTD MONTHLY CONVENTIONAL SERVICE S'PORE Loading for FAMAGUST A/BEIRUT/ 13/5 TRIPOLI (LEBANON)/ L ATT AKIA/IST ANBUL/ MERSIN
      262 words
    • 706 28 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY COWMOISIO SERVICE 10 EUROPE SUEZ) KOREAN CHANCf ?6N ««N SEAS BRDGE »N KRCATOR UN leMjne linn Fitowe H'h»| Brcm Antwerp M/5 23/5 24/5 25/5 27/5 2C/5 27/5 29/5 31/5 1/6 1/6 2/« 3/6 5 t 7/t
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    • 995 28 Everett Lines 1 COMPANIA PERUANA D£ VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading lor CaKao KUU'jni Ho and all other Peruvian ports »itt> transhipment at *obe On CPV lhtou£h Bills at Lading to imal destination Penary* P Kelanf Sngapore MANOLOEVERETI 27/29 Apr JOWfYERETT 11/12 May MURRAYEttRETT 26/27 Mar EVERETT ORIENT LINE'
      995 words
    • 216 28 ZIM NON CONFERENCE INDEPENDENT FULL CONTAMR SERVICE accepto* FCl/LCl carfoes to USA East t Nest Coast. Cambfceaniast Canada and HMD FEEKR ¥Sl Is TOM MANMI l« RST SA» ZIM EILAT CONTAINER LINE SM ETH PK VCf TRS KM m STORE 30/4 14/5 20/5 21/5 25/5 20/5 m TRf STE 13/5
      216 words