The Business Times, 2 May 1986
1986-05-02
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The Business Times
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Title Section12 1986-05-02 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, MAY I, 198« 75 CENTS12 words
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442 1986-05-02 1 FOO CHOY PENG - Adjustment of 0.39 point in line with falling bank rates By FOO CHOY PENG, Chief Reporter DECLINING BANK RATES will bring down the interest rate on Central Provident Fund savings to 5.99 per cent when it is adjusted again in July. The442 words
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422 1986-05-02 1 LOH HUI YIN - By LOH HUI YIN ECONOMIC COOPERATION, especially in the fight against trade protectionism, was reaffirmed in talks between President Reagan and Asean yesterday. The President was also asked to urge Japan to open up its market for Asean's goods when he attends the Tokyo422 words
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Article, Illustration538 1986-05-02 1 ALVIN TAY - By ALVIN TAY FOR THE FIFTH successive year, Singapore's labour force has been rated as the best in the world, but Mr Goh Chok Tong yesterday cautioned that rivals such as Taiwan and South Korea were fast catching up. The First Deputy Prime538 words
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310 1986-05-02 1 THE LABOUR MOVEMENT yesterday resolved to accept short-term sacrifices, including accepting wage restraint for as long as necessary to ensure the successful implementation of the Republic's national economic policies. This pledge was among five resolutions adopted by the May Day rally of leaders and members310 words
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128 1986-05-02 1 AP US TREASURY SECRETARY James Baker thinks that the dollar's more than 30 per cent decline in exchange value over the past 14 months had been orderly and moderate. He declined to say whether the Reagan administration sought a further decline for the dollar,AP - 128 words
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Article89 1986-05-02 1 THE EVENING downpour failed to dampen the spirits of more than 2),000 workers, their families and friends who gathered in their union colours for the May Day charity walk from the Padang to the National Stadium yesterday. Mr Ong Teng Cheong, Second Deputy Prime Min- ister89 words
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313 1986-05-02 1 Agencies THE JAPANESE Cabinet yesterday approved a set of measures aimed at reducing the economy's dependence on exports and encouraging a more consumer-oriented society. Prime Minister Yasuhiro Nakasone will explain the measures at this weekend's economic summit, officials said. The six other countriesAgencies - 313 words
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272 1986-05-02 1 AFP CHINA should discard outdated Marxist maxims while using the fundamentals of Marxism to develop an open, market-orient-ed economy, according to Hu Qili, a widely-tipped successor to the Chinese Communist Party's top leadership post. Mr Hu said in a May Day speech published inAFP - 272 words
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Page 1 Advertisements
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Advertisement134 1986-05-02 1 •c n o0 ;;o^° *$**> A WHOLE WORLD OF OPPORTUNITIES At Banque Indosuez, we've been serving Singapore as far back as 1905. Our office is part of a vast Asian and Australasian network spread over 18 countries including among others, New Zealand, Australia, Papua New Guinea, Japan, Korea, China, Hong134 words
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Advertisement264 1986-05-02 1 Mora itoriM, Back Pag* mm COMPANY NEWS MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWOROS TV S RADIO BRISTOW DOONESBURY OUR VIEW THE DISASTER AT THE Chernobyl nuclear power plant throws up larger questions about the way information is handled in the Soviet Union. And the way it is being264 words
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Advertisement11 1986-05-02 1 Cowac wltiri lehwiw to conUniM m pilot pfp|ict i Btrtt Pago11 words
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Advertisement32 1986-05-02 1 can now dtcidt if th#y want to trad# in or unit trusts. Find out how ths tchsms works. 80s Pago 8 Mors 'Jipwi bulling' looms, Pago 5 Limits to consumption, Psgo 732 words
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Advertisement65 1986-05-02 1 MINOLTA EP3SOZ Shipping Timaa com— m a Mpiritt taction today. RAaka aura you gat your copy STYLE REDEFINED PERRE BALMAIN IB pierre balmain Pierre Balmam Boutiques Centrepoint "02-11 176 Orchard Road Singapore 0923 Tel 734 6341 The Pavilion Inter Continental *01-05 1 Cuscaden Road Singapore 1024 Tel 734 5404 Rene65 words
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HOME NEWS
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353 1986-05-02 2 ALVIN TAY - By ALVIN TAY EMPORIUM HOLDINGS has dropped "Kimisawa" from the name of its superstore in Hougang and will now have to do battle with the Japanese Kimisawa supermarket chain in busy Orchard Road. BT yesterday visited the Hougang outlet, previously called Oriental Kimisawa353 words
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184 1986-05-02 2 HAVELOCK ROAD is to be widened to reduce traffic congestion. Work on the stretch between Kim Seng Road and Chin Swee Road will take a year to complete. This three-quarter kilometre stretch is lined with godowns and old shophouses on one side and184 words
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Article135 1986-05-02 2 THE BARISAN SOSIALIS has described the severe wage restraint recommended by the -National Wages Council as unfair and unjust. The NWC prescription, which came after the cut in employers' contribution to the Central Provident Fund, only increased the burden of workers but did little to attract135 words
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273 1986-05-02 2 ANNA TEO - By ANNA TEO THE NATIONAL TRADES Union Congress Is likely to have achieved its target of 200,000 members by May Day yesterday as, at the end of March, affiliate unions already had 199,879 members on the rolls, according to figures released in the latest273 words
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129 1986-05-02 2 THE POPULARITY of the NTUC Union Card, which gives its cardholder concessions at some retail outlets and recreational facilities, has drawn inquiries from many companies keen to )oin the scheme. Statistics on the use of the Union Card from January to March129 words
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Article323 1986-05-02 2 0 1 Cahnei ocminara ana i h Lf pyfYYcil 1 Courses 1 A3 L.ApUD» Group Wm mttAV. K DURATION TITLE VENUE ORGANISER TELEPHONE May 13-14 Basic Management Holiday In in Roger Gfl and *****60 Techniques Parkview Associates Pte Ltd May 13-15 QC Circle Top National National *****34 Management323 words
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616 1986-05-02 3 BOEY KIT YIN - By BOEY KIT YIN SMALL- and medium-size local companies received about $20 million in loans under the Small Industries Finance Scheme in March, either to expand or improve their operations. This was just $5 million short of the total amount616 words
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Article159 1986-05-02 3 (Chinese) £'J>3yXMflHt*iJT 52#0 4 s S ft *> ĕ]{X{X 3 VLUft±&7 T-Tjjc ft Iff# *r«i£ 3c#4k£ S/ha&*M*s*MH 5 o j&*** "&sijEiE&#"° nmm2 *s 'gTiytfttez]* &M4>£ 2fc 5 «M °JtifevtJ&M 3 5 7J tc m#iKj*£j**s««'Ma?®#! 1 fc 1 2 3 3 7C° 13 2077 7C 'M!&:Jkft fp) h &□*?#>&« raj*« £>lkftiaj«fcj-159 words
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Page 2 Advertisements
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Advertisement149 1986-05-02 2 The Lounge.Where the piano man and the barman perform nightly. Every evening at The Lounge, you can Every afternoon at The Lounge, you and cakes, and delicious sandwiches, while a or just taking in the sight of the unique relax with friends, or talk a little business, can relax in149 words
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Page 3 Advertisements
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Advertisement241 1986-05-02 3 There's a feast of information in The Economist thisweek. For an appetizer, dip into our Economic and Financial Indicators on the last two pages. Or whet your appetite with a quick course on World Politics and Current Affairs up front. The Economist offers a tempting range of main courses from241 words
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AIR CARGO
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Article, Illustration420 1986-05-02 4 LIM SOON NEO - By LIM SOON NEO THE AIR CARGO INDUSTRY is likely to record a growth rate of between 5 per cent and 10 per cent this year, according to an official of the Civil Aviation Authority of Singapore (CAAS). "Based on the performance in420 words
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Article303 1986-05-02 4 SHAHRIR ARIFF - By SHAHRIR ARIFF LUFTHANSA German Airlines is expecting an increase of at least 10 per cent in outbound cargo this year, provided business continues its upward trend. Mr Wong Toon Nam, Lufthansa's area sales manager (cargo mail) in Singapore, said the company averaged 70 tonnes a303 words
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266 1986-05-02 4 BRITISH AIRWAYS has opened a major European trucking hub in Maastricht Airport in Holland to boost continental business and improve efficiency. According to British Airways News, the hub will be the focal point for existing and planned European road operations, feeding traffic into266 words
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Article199 1986-05-02 4 ARRIVALS DEPARTURES Operator Flight Local tHM From Oprotor Flight number Local tint* For FRIDAY FT FT7I 0044 JFK/BOS NW NW906 0815 HKG/NRT/ ORD/ANC LAX/SFO NRT/MNL KAL KE697 0200 BKK/ TPE (SEL) KAL KE698 0200 BKK/ (SEL) JAL JL615 0905 KUL FT FT 66 0245 KUL/HKG NRT/ANC ORD/JFK SATURDAY199 words
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279 1986-05-02 4 SINGAPORE AIRLINES expects to carry more live animals with the introduction of its Boeing 747 Combi services. The main deck cargo compartment of the Combi (combination aircraft) can carry three-metre high loads. This is ideal for the carriage of live animals in International279 words
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Article131 1986-05-02 4 BOEING Commercial Airline Company recently confirmed the order of 12 Boeing 737-300 twinJets by Trans Pacific Enterprises and five such aircraft by German airline Condor Flugdienst. The purchase of Trans Pacific Enterprises, a subsidiary of Ansett Transport Industries, is worth US$3OO million. The delivery programme calls for131 words
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Page 4 Advertisements
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Advertisement25 1986-05-02 4 Lufthansa cargo routes to 147 destinations within 80 countries and 6 continents, together with German Cargo Services to the rest of the world. Lufthansa Cargo25 words
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Advertisement123 1986-05-02 4 I Give Business Gifts when a Cross emblem pen can TVioi T ocf A T lfpfimp help stimulate your business. A licit -LidoL A your company's emblem prominently displayed they make highly valued business gifts, both within your own company and to the many people with whom you do business.123 words
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OVERSEAS
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323 1986-05-02 5 Reuter WEST GERMANY'S leading economic institutes have painted a glossy picture of the country's prospects this year has been forecast to bring the highest economic growth since Chancellor Helmut Kohl took office in 1962. The first significant cut in unemployment this decade is alsoReuter - 323 words
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Article252 1986-05-02 5 UPI THE NATIONAL COMMISSION on space would recommend to President Reagan that the US lead human exploration and settlement of the moon and Mars in the decades ahead, its chairman said on Wednesday. "We have the richest gene pool of any people onUPI - 252 words
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304 1986-05-02 5 UPI THE DIRECTOR of Unicef, citing the deaths of 10,000 children daily, demanded on Wednesday that world leaders join forces with parents in a medical revolution to immunise all the world's children by 1990. At an international health conference hosted by former US presidentUPI - 304 words
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137 1986-05-02 5 UPI THE ROCKEFELLER Foundation said it would spend US$3OO million for new international projects over the next five years to help people in developing countries overcome poverty. That is double the money spent on such programmes during the previous five years. Foundation president Richard WUPI - 137 words
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482 1986-05-02 5 AFP IN THE SILENCE of libraries, in the dark, dust and damp of archives, 20 species of insects and 200 types of micro-organism are quietly flourishing and feeding on human knowledge. From lichen and fungi to termites, beetles and the aptly-named book louse, theyAFP - 482 words
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192 1986-05-02 5 UPI NUDISTS are going to sea in luxury but they better bring plenty of suntan lotion to combat the intense Caribbean sun. For the first time, nudists are booking an exclusive Caribbean cruise aboard a luxury Italianregistered liner from Dec 13 to DecUPI - 192 words
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444 1986-05-02 5 AFP THE RECORD US$5.5 billion trade surplus Japan ran up with the US in March is certain to provoke a fresh round of "Japan-bashing" on Capitol Hill where hundreds of protectionist measures are pending, congressional sources said on Wednesday. It will also provide moreAFP - 444 words
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125 1986-05-02 5 AFP ORDERS for US manufactured goods fell by 2.3 per cent in March after dropping by 1.3 per cent in February. The Commerce Department said on Wednesday it was the sharpest monthly decline since a plunge of 3 .3 per cent inAFP - 125 words
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Article, Illustration370 1986-05-02 6 UPI SOVIET nuclear experts and decontamination teams yesterday battled to control the radioactive aftermath of the disaster at the Chernobyl nuclear power station as the Soviet media claimed that Western news reports and governments were exaggerating the scale of the accident. The officialUPI - 370 words
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189 1986-05-02 6 Reuter PHILIPPINE Vice-President Salvador Laurel said his country was dead broke and needed much more US assistance than the US$l5O million which President Reagan offered last week. Mr Laurel told the New York Times before his scheduled meeting with Mr Reagan yesterday on theReuter - 189 words
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261 1986-05-02 6 UPI AS PART of a drive to wipe out corruption, China has revoked the licences of more than 8,700 businesses run by government and Communist Party officials and is investigating a further 3,000. The state-run Xinhua news agency said on Wednesday: "The Chinese governmentUPI - 261 words
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145 1986-05-02 6 Reuter THE MAN tipped to be China's culture minister said on Wednesday art and politics were inseparably linked but he looked forward to the day when a richer and more developed China would have less politicised art. The official press has hinted thatReuter - 145 words
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Article914 1986-05-02 6 ARRIVALS Operator Scnm Local time From SIA SQ117 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL ◦010 0015 JED/DHA FT FT71 0044 JFK/BOS/ORD/ ANC/NRT/ MNL/TPE sv SV398 0440 JED/RUH SIA SQ43 0620 OHA/KHI MAS MH681 0620 KUL SIA SQ47 0625 DEL MAS MH811 0910 PEN MAS MH671 0920914 words
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Page 5 Advertisements
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Advertisement285 1986-05-02 5 '[~][(!+-|.\:[
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Page 6 Advertisements
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Advertisement362 1986-05-02 6 Loador, Pago 8 Hooktd on nuclaar power, Pago 7 r fL k -V\ tf 54\ r t I S *?< i i r 1M S I Whetherywbuy or lease, tfießalnmil can be yours. The waiting and the wanting are almost over. The choice of lifestyle is yours; whether it be362 words
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Advertisement49 1986-05-02 6 I f 11 \I I li 11 I Every Tuesday, Thursday, Saturday and I 1 II I II II Sunday. Leaving Changi Airport at I A, /1 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Coll Air Canada at *****55 or your SMft/*. AIR CANADA49 words
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WORLD BACKGROUND
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828 1986-05-02 7 Reuter INTERNATIONAL efforts to replace Japan's export growth with domesticdriven demand could collapse for the simple reason that the Japanese may not be able to consume any more than they do already, official figures show. Consumer demand is supposed to keep the heart ofReuter - 828 words
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444 1986-05-02 7 AP FROM ARGENTINA to Yugoslavia and from Taiwan to South Africa, nuclear reactors are a growing energy option around the world, despite public worries which have curtailed atomic plant development in a few nations. The US has more reactors than any other country, withAP - 444 words
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Page 7 Advertisements
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Advertisement172 1986-05-02 7 A sound investment in your chiton's future. AAhiiM H iTT v y irf 1 m 12-Day Tour of 12 Great American Universities for Students and Parents SssBoo per person. IMvorsMos te be «WM: 2. OcMnsen Celcge 3. Hanmi IMverstty 4. Jeftm HeoWns 7. Rutgers IMvoratty 8. U.S. MMary Academy (West172 words
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Advertisement269 1986-05-02 7 Philips Adds \i w [)i\ii sio \s To I\i <) \< \i \ii <> \1 \<, i \i i i r-ff t V-"*£ THE NEW PHILIPS PCs KEEP YOU ONE STEP AHEAD IN BUSINESS. Introducing two advanced new PCs from Philips —the P 3200 for large companies and P 31u2269 words
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FEATURES
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Article490 1986-05-02 8 ACCIDENTS ARE ACCIDENTS, but the way they are handled is not accidental. It is characteristic of the Soviet Union to try and keep a tight lid on information relating to the accident at the Chernobyl nuclear plant, 100 km north of the Ukrainian capital of Kiev.490 words
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Article, Illustration951 1986-05-02 8 DAVID DODWELL - Hongkong's capital market has grown spectacularly. However, future growth on this scale is unlikely because of events in Tokyo and the caution displayed by Beijing, says david dodwell. DAVID DODWELL. FT AFTER 15 MONTHS of spectacular growth, Hongkong's domestic capital market is about to comeFT - 951 words
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Article, Illustration1065 1986-05-02 8 DAVID GABRIEL - How the approved investment scheme works By DAVID GABRIEL, Special Correspondent THE CPF Approved Investment Scheme comes into effect today. Members now enjoy greater flexibility in managing their accounts using, initially, a proportion of funds in the Ordinary Account to purchase trustee and other approved1,065 words
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Page 8 Advertisements
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Advertisement185 1986-05-02 8 r a VJI ~«ty v VHfi 'h And how it all begins Diners of today, more discerning in taste and definitely calorieconscious. With us, discover a Sichuan vegetarian fare that has become an exquisite full 8-course Sichuan spread. Out goes the tasteless canned vegetables and pallid mock meat. In place185 words
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Page 8 Miscellaneous
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Miscellaneous658 1986-05-02 8 11 Limb (3) 12 Mixture (5) 13 Disogreement (7) 15 Mineral (3) 16 Toword* the »t«m (3) 18 Merttol shorpnes* (6) 20 Moke void (5) 21 Annoy (3) 22 Unhappy (3) 23 Planet <6) 25 Buminoted (3) 28 Choo*e (5) 30 Horrible (5) 31 Freshwoter fish (5) 32 Vnoge (4)658 words
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SPORTS
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281 1986-05-02 9 AFP DENNIS ANDRIES, a 32-year-old West Indian from London, became Britain's most unlikely world champion when he outpointed holder JB Williamson from Los Angeles for the WBC light-heavyweight title in the British capital on Wednesday. Andries proved that life's impossible dreams can come true. Williamson,AFP - 281 words
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Article, Illustration374 1986-05-02 9 AP BRAZIL defeated Yugoslavia 4-2 on Wednesday in an exhibition soccer match in Recife, Brazil. The Brazilian goalscorers were Zico in the 20th, 61st and 75th minutes and Careca in the 87th minute. Gracan scored five minutes before the interval, andAP - 374 words
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Article95 1986-05-02 9 AFP STEVE DAVIS took just 33 minutes on Wednesday to complete Jimmy White's worst snooker championship defeat. In the quarter-final in Sheffield, the world No. 1 imperiously snuffed out 23-year-old White's precocious challenge with a 13-5 hammering of the man be beat 10-8 in theAFP - 95 words
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216 1986-05-02 9 AFP RAJ SINGH, manager of the Indian cricket team that arrived in England on Wednesday, sees the first Test at Lord's in June as the key to their three-match series. He said: "We hope to win at least one Test and ifAFP - 216 words
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Article, Illustration740 1986-05-02 9 WALTON MORAIS - By WALTON MORAIS LET IT NOT be said that we did not warn you. But unless you get down early to the Bukit course today (or a ringside seat, you're bound to miss a battle so rivetting as to make the "Thrilla in Manila" look740 words
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Article76 1986-05-02 9 AP JEFF GRYGIEL shot a 30 on bis back nine and tied Paul Azinger at 8-under-par 64 for the ant-round lead on Wednesday in the Panasonic Las Vegas Invitational golf tournament. Grygiel had a string of four consecutive birdies after the turn and caughtAP - 76 words
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Page 9 Advertisements
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Advertisement113 1986-05-02 9 NATIONS GOLF CHAMPIONSHIP THE DUNHILL CUP 1986 PACIFIC FINAL -r r?J:j m M- X \s >\ Singapore Island Country Club 2-4 May 1986 The Singapore Island Country Club plays host to the Dunhill Cup Pacific Qualifying Final from the 2nd to the 4th May. Eight teams, including Singapore, will be113 words
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Page 9 Miscellaneous
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Miscellaneous1209 1986-05-02 9 to (MD mm FRIDAY AT THE MOVIES Super Sleuth IOJOpm, Channel 5 Set in a country mansion outside Sydney, a busload of amateur photographers arrive for an afternoon convention. Before the afternoon is over, at least one of them is dead and the others cannot leave the mansion until they1,209 words
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Miscellaneous37 1986-05-02 9 RriStoW: Ttaak Dieted •moRNiMG, m*?. RTKWMS. uJONDeR IF VOU'D TO SfbNSOR BRISTOU) IN PV raoNev Raiding effort fbR "*V4e 6uv ING CL£R»C s SeHevoLfe.K»T fund. weis RTteroPTiNG »oo Am^onfm. PMONe CALLS IN ONe HOUR OF THt. F»R**YSTime..37 words
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INTERNATIONAL STOCKS
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326 1986-05-02 10 FT DAIMLER-BENZ, the fastdiversifying West German motor vehicle company, plans to raise its dividend sharply and pay a bonus for 1965 after boosting parent company net profit to 1.25 billion marks (US$57l million) from 711 million marks in 1984. The company proposes a dividend increase fromFT - 326 words
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153 1986-05-02 10 Reuter WELLCOME PLC's firsthalf results were adversely affected by a 19 per cent rise in the average sterling rate against the dollar when compared with last year's first half, the company said in its interim statement. If last year's first-half results were restatedReuter - 153 words
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314 1986-05-02 10 Reuter WALL STREET stocks tumbled to a record point loss on Wednesday, as measured by the Dow industrials, as the Soviet nuclear accident became the catalyst for a major sell-off. The Dow Jones Industrial Average fell 41.91 points to 1783.98. The previous recordReuter - 314 words
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Article136 1986-05-02 10 AM 30 Abtffa c$ 25 KO > bit Prov P(pa ki ln« 43* 22* 15* 41% •l* Lobtow B 2A* inch 1714 3* 33* Mc BkxM 32* Bonk Novo Scotia I4K unch 28* Bp Rnaurcti Brascon O A Con Imp Bk 26 241* 19* 17* 14* Moor* Cp Norondo136 words
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Article208 1986-05-02 10 AH 90 M INDUSTRIALS Un St*«l Woottru m 60 1300 «MGS -10 unch A Alpha Abarcom ***** 2055 unch 20 -10 Angtot 4100 *****8 15 A*ci 1080 490 An9*ool Btyvcxx 1600 unch 3900 BuH*h 6600 200 1525 2S Chartar 1210 10 C G Srrvth 2800 ■50 Com Gotd -10208 words
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Article701 1986-05-02 10 Aft 30 U» Alton AJuttot 30* 40* •i* Aleg km AM Sag Akad Storm Aftt-Chaknart Am Brandt knc Am Can Co 21* 51* 39* 5 94* 70 49 -i -2* -2* -3* Am Qtc Pwr Am Eiprau Am Horn# Prod Am Motor* Cp An Td 1 Td Amax701 words
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Article601 1986-05-02 10 Amsterdam An 30 Fb ABN 576.00 unch A090n 106 30 inch Ahold 75 00 inch Akzo 163.70 unch Akanta 1 53 00 unch amev ...•1.00 inch Amro Bank 100.40 wch At* Stod 129 00 unch B»Vtl 30 80 +0.5 Bortumq 675.00 10 Buahrman Tcttvodt 161. 30 +0 8601 words
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Article138 1986-05-02 10 AFP NESTLE, the world's largwt foods multinational, •egistered first-quarter tales of 9.9 billion Swiss Italics (U554.96 billion) this pear, a 14 per cent drop torn the same period last rear. Nestle'» deputy manager, Helmut Marcher, said In Zurich on Wednesday that the drop, which heAFP - 138 words
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Article42 1986-05-02 10 Reuter BRITISH Telecommunications PLC (BT) has agreed with STC PLC to buy the main burl new of STC's subsidiary, lAL, for about £22 million. lAL provides aviation, communications, airport security and other systems and services worldwide. Reuter ZvrtohprtoM^Reuter - 42 words
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Page 10 Advertisements
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Advertisement54 1986-05-02 10 i: to ~wim. dlae maft «iMaia MAY W mv Mama Mia! It's time for macaroni, spaghetti, lasagna, tortellini and many other pasta delights. With a choice of wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement i K m i\ Ifm fc •> I i: ,054 words
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Advertisement166 1986-05-02 10 International Buffet Fashion Fare At: $10.50* ONLY V 4 I J t ifi y FERN TREE CAFE Th« Fare: Besides a sumptuous international buffet, come and savour our air-flown oysters from New Zealand at $1.25 per piece. Daily from 11.30 am to 2.30pm. The Fashion: A delicious romp into the166 words
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Advertisement40 1986-05-02 10 A sumptuous famify treatnowavailable on SUNDAYS TOO r N l V vV ■Jjlu 1< Js-' Witt) a delicious spread of ever twenty delightful dishes and dessertsl lunch: 12 to 2.30 pm O 0 181 Kitchener Road, Singapore 0620. Tfel: *****2240 words
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Advertisement113 1986-05-02 10 (JUu B**4« fitunkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50-H-A* RJRAMA SWGMWE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel: 533 3880 PRINCESS GTEF3RACE Great Meals in an113 words
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Advertisement114 1986-05-02 10 Lwmlmi stocks on Pago IS m* PERFECT COMBINATION GOOD MUSIC AND GOOD WINE GOOD FRIENDS AND LAUGHTER. YOU AND YOURS AT TW LOUNGE. ROSEMARIE. DAISY. MANUEUCA AND EMMANUEL. WITH CHART TOPPERS. OLDIES AND ROCK "N ROLL PUT EVERYTHING INTO PERFECT COMBINATION PC* A PERFECT NIGHT OUT ttappnML Tct 7S 111114 words
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ASIAN STOCKS
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Article394 1986-05-02 11 HONGKONG: Share prices closed higher yesterday under a late buying surge set off by news that the Cathay Pacific flotation was more than 55 times oversubscribed, brokers said. The Hang Seng Index climbed 11.66 points to 1,848.65, equalling the record set on Monday, while the Hongkong Index rose 8.01394 words
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Article215 1986-05-02 11 MAY 01 MT Kofc> 25 70 20 10 unch -04 Al Sincara Indus 2.77 24 00 0 13 -0.2 Lm Chang Yuan 23.10 -08 30 40 -0 1 1250 01 44.50 07 35 90 -03 24 60 -0.3 20 10 -04 CNo Hun Cmmmnt 23 50 1085 -04 -0215 words
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Article407 1986-05-02 11 TOKYO: Share prices yesterday fell in moderate trading as Wednesday's sharp decline in New York prompted investors to take profits on export-related shares, brokers said. The market average lost 42.85 to close at 15,782.65. Turnover was 570 million shares against 540 million the day before when the average gained407 words
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Article68 1986-05-02 11 MAY 1 Bonk Seoul Wo* 730 unch Hyundai Const Hyundai Motor KAL 935 2075 1060 721 -14 -19 -40 +6 Otohsung Bk 675 729 +5 +14 Yukooa 2278 -1? 540 ■16 440 -10 905 •22 1141 -14 1270 -30 1060 unch 487 -6 2079 4 Gold Star 1362 •1368 words
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Article348 1986-05-02 11 BYDNEY: Australian share markets closed slightly firmer yesterday, buoyed by demand for industrial stocks and takeover activity, as investors ignored the record 42-point fall on the New York Stock Exchange overnight, brokers said. The All Ordinaries Index closed 2.3 points higher at 1212.9 while the All Industrials Index gained348 words
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137 1986-05-02 11 UPI A MAJOR Japanese bank has acquired a California institution while an audio equipment maker says it will move into Kentucky. Sanwa Bank of Osaka said its wholly-owned subsidiary in San Francisco has purchased 99.9 per cent interest in Lloyds Bank California of LosUPI - 137 words
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332 1986-05-02 11 Reuter INCREASING competition from Asian manufacturers was the dominant issue at the Comdex personal computer industry show in Atlanta, Georgia, this week. Although Asian companies have been making computers for such US corporations as Tandy, ITT and Sperry for several years, only in theReuter - 332 words
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Article292 1986-05-02 11 FT TOYOTA and Nissan overtook BMW in the West European new car market for the first time in the first quarter of this year and helped lift the total Japanese share to a record 11.3 per cent. Fiat was European market leader in the January-MarchFT - 292 words
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Page 11 Advertisements
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Advertisement509 1986-05-02 11 %o/3si •JiiSf. 81 Wliere id wi<»«, dim aai isMitß ir I The start of an experience so authentic yet unique m OL. Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. iririrVinniii Trrji Chinese cuisine is widely acknowledged to be one of the world's three509 words
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Advertisement185 1986-05-02 11 V* You can taste it with your eyes TWJSINiSSMAN*S~I| niMCH (Daily) J $14.00 for 2 persons (4-course Set Lunch) $21.00 for 3 persons (5-course Set Lunch) $28.00 for 4 persons (6-course Set Lunch) $35.00 for 5 persons (7-course Set Lunch) A la carte authentic Sichuan Cuisine also available. Cater to185 words
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INTERNATIONAL COMPANY NEWS
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601 1986-05-02 12 NYT IN SPITE OF stronger-than-ex-pected economic growth in the first quarter, US corporate earnings (or the first three months of this year remained weak, with profits depressed for a wide range erf industries. Among the industries hardest hit in the January-to-March period wereNYT - 601 words
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Article, Illustration370 1986-05-02 12 NYT FIAT, the Italian motor and industrial group, made a consolidated net profit of 1,326 billion liras last year more than double 1984's profit and the highest in its history. The result was announced in Turin on Wednesday. Italy's largest private sector groupNYT - 370 words
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270 1986-05-02 12 AFP LOWER OIL PRICES have led to a slump in world demand for oil industry piping, although production capacity continues to rise. The steel committee of the Organisation for Economic Cooperation St Development (OECD) said on Wednesday that Japanese piping exports wereAFP - 270 words
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Article, Illustration697 1986-05-02 12 NYT AVIS car-rental company is expected to change hands (or the 10th time since it was formed 40 years ago. This time, the new owner will be the Wesray Capital Corp, an investment organisation headed by former Treasury Secretary William Simon. News ofNYT - 697 words
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482 1986-05-02 12 UPI THE RESTRUCTURING of the Monsanto Co is nearly complete, with the chemical giant placing a multimillion-dollar bet on the new and sometimes controversial field of biotechnology. If Monsanto gets the green light from the Environmental Protection Agency to conduct testsUPI - 482 words
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Article357 1986-05-02 12 FT FHILLIPS PETROLEUM, the major US oil company which sharply increased its debt burden last year in order to fight off a hostile takeover attack, has cut its dividend for the first time in over 50 years in a bid to strengthen its financial position followingFT - 357 words
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Page 12 Advertisements
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Advertisement425 1986-05-02 12 NOTICES Act, Cap. 18S aai la the HUtter at BAITA-6UMI ENGINEERING (SINGAPORE) PTE LTD N*Oee «C Rmtatliaa tar (Pinnat to gerd— tN) At an Extraordinary General Meeting of the members of SAITA-QUMI ENGINEERING (SINGAPORE) PTE LTD duly convened and held on Prlday, April 25, 1986 at 11.00 a.m., at 2-30,425 words
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Advertisement458 1986-05-02 12 IN THE MATTES OF THE COMPANIES ACT, CAP. ltt (Revtoed) AND IN THE MATTER OP POST ENTERPRISES (SINGAPORE) PTE LTD (INCORPORATED IN THE REPUBLIC OP SINGAPORE) NOTICE OP RESOLUTION PURSUANT TO SECTION tN(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at458 words
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Advertisement337 1986-05-02 12 •Cfcl I *l THE COMPANIES ACT, CAP. ltt (InM) AND T7 1' V'-' < 'I'll; i .Hvfrl (PR) LID (INCORPORATED IN THE REPUBLIC OP SINGAPORE) .■mi, 4 i ij jjv PURSUANT TO SECTION mt) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held337 words
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Advertisement317 1986-05-02 12 THE COMPANIES ACT, CAP. IK (InM) AND CABAVEIAE INVESTMENT CO (PTE) LTD (INCOBPOBATED IN THE REPUBLIC Or SINGAPORE) PUBSUANT TO SECTION M(t) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No. 1 Sophia Road #05-14/10, Peace Centre, Singapore 0922 on 28th317 words
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Advertisement192 1986-05-02 12 7TTT v 2 fA m A I*l JAPANESE RESTAURANT HOSHK2AOKA SARYO 2nd Root, Apollo Hotel, Havetock/ Outram Roads, Singapore 0316 HOSHIGAOKA SARYO Tel: *****81 Ext. 925 irai: i<] :i TENDERS FOR ESTATE MACHINES The Board has introduced Interest Free Financing Scheme for Conservancy Contractors to purchase estate machines. Only suppliers/contractors192 words
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BANKING AND FINANCE
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Article580 1986-05-02 13 JAKARTA: The US dollar was fixed at $1122.50/1128.00 yesterday. HONGKONG: THE US dollar yesterday closed higher in Asia on short covering set off by a press report quoting Bundesbank president Karl Otto Poehl as saying he would not want the dollar to (all further against the mark. Dealers580 words
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Article209 1986-05-02 13 HONGKONG: GOLD yesterday closed a shade easier in fairly quiet trading in the absence of fresh factors. Dealers said the market holiday in various centres, especially in Europe, dampened sentiment. Narrow movements on the foreign exchange markets also discouraged traders. Gold ended at U*****.40/90 an ounce compared with the209 words
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246 1986-05-02 13 Reuter GOLD IS SET to hold in its recent trading range, barring disruptions from political developments or upheavals in the financial system, according to economists in the foreign exchange department of Union Bank of Switzerland. Gold faced pressure from weak oil prices, low Inflation,Reuter - 246 words
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487 1986-05-02 13 Reuter THE ASIAN Development Bank, ADB, like its newest member, China, has signalled a fundamental shift in policy which emphasises the private sector. However, bankers and government officials say it remains to be seen if the strategy, widely seen as a concessionReuter - 487 words
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232 1986-05-02 13 Reuter SHIFTING expectations about the strength of Japanese demand for the re-cord-sized quarterly refunding will probably determine movements in the US credit markets until the US$27 billion in new debt is auctioned next week, economists said. With attention focused on those factors thatReuter - 232 words
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Article126 1986-05-02 13 Reuter CHINA MUST USE less cash to reduce the incidence of robbery and illegal accounting practices, an official of the People's Bank of China has said. The China Daily on Wednesday quoted Mr Jin Jiandong as saying the proportion of cash in cir- culatingReuter - 126 words
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464 1986-05-02 13 Indicative Gross Coupon Amount Interest of doys of Middle Price Redemption Maturity Yeor raised Rat* Million) Payment Accrued (excluding Yield ,»> Dotes Interest accrued pa) 15 5 86 Loan 1 1983 5* 150 00 15/5, 15/11 166 100.00 5.50 15.10464 words
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RAW MATERIALS
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Article86 1986-05-02 13 Reuter TOKYO MOST FUTURES yesterday closed at or just below the day's highs with small gains of 0.6 to 1.7 yen per kilo on small-lot booksquaring buying and short covering generated by the dollar's strength against the yen, dealers said. But trading was thin as a wait-and-see attitude dominatedReuter - 86 words
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Article235 1986-05-02 13 Reuter WHEAT FUTURES on Wednesday closed up the 20-cent a bushel daily limit, having maintained those gains since midsession on the Chicago Board of Trade. Prices soared on the unprecedented disaster at the Soviet nuclear plant. Traders were unsure of accident's ultimate impact on Soviet agriculture but they discussedReuter - 235 words
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Article226 1986-05-02 13 Reuter SOYBEAN FUTURES on Wednesday closed 10-1/2 to 21 US cents a bushel higher on the Chicago Board of Trade, falling back from 30-cent limit gains in new crop months posted earlier. July, traded in a 30 cent range and settled at US$5.5l, up 17-1/2 cents. the gains inReuter - 226 words
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Article265 1986-05-02 13 Reuter THE WESTERN highlands province of Papua New Guinea, PNG, has been placed under quarantine after the discovery of coffee rust on a plantation in the Baiyer river area. About 1,000 hectares of coffee trees on the plantation will be burnt to prevent the spreadReuter - 265 words
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Article653 1986-05-02 13 COFFEE Liquidation of the May position on Wednesday ahead of first delivery day yesterday, commission house stoploss selling and an easier New York market on Wednesday afternoon combined to weigh heavily on robusta coffee futures, dealers said. The market ended with losses from Tuesday night of £54 to653 words
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Article44 1986-05-02 13 London Commodity White foq, afloat White foq May/June 5400 Exchange 5400 Sellers' closing prices on Apr 30 (USS/long tonne CIF Europoon Black special. spot Black special. 3850 pom, unless otherwise stated) Pepper afloat 3850 (Sorawak) Black special Foq, spot 5400 Moy/June 385044 words
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Article32 1986-05-02 13 LONDON US$/tonne May 250/243 pd closing prices on April 30 tOTTEIOAM USS/tonne PotmoJ Crude Sumatra/M'sia M'sion/Sumatra Crude CIF May/June 225 00 sir June 247 50/242 pd Aiy 227 50 sir32 words
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398 1986-05-02 13 FT CHINA HAS bought 1.5 million barrels of oil from Indonesia, the first direct trade deal between the two countries since the severing of diplomatic relations in 1967. The purchase comes 10 months after a historic trade agreement between the two countriesFT - 398 words
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81 1986-05-02 13 Reuter MALAYSIA'S gravel pump tin miners are seeking membership of the Kuala Lumpur Tin Market, KLTM, for their trading company, Tinex Corp Sdn Bhd, said Mr Hew See Tong, the company's general manager. Many gravel pump miners, who accounts for half Malaysia's output, areReuter - 81 words
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Article54 1986-05-02 13 Reuter THE BANK of Thailand said it would provide a three billion baht soft loan to domestic rice mills to help them buy paddy rice from farmers. It said the move is designed to lift paddy prices, which have dropped to 1,800-2,000 baht/tonne this month from 2,900-3,000Reuter - 54 words
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396 1986-05-02 13 AP THE NUCLEAR accident at Chernobyl could have serious and lasting consequences on Soviet agriculture, US experts say. South-westerly winds on Wednesday blew the radioactive cloud produced by the accident at the nuclear reactor towards a region of the Ukraine considered the Soviet grain-belt thatAP - 396 words
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COMPANY NEWS
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3922 1986-05-02 14 MBT TDM BHD, which went through two recent changes of control, had to write down losses of about Ms 3 million for its investments in Pan-Electric Industries, a company spokesman said. The writedown accounted for a substantial portion of its extraordinary lossesMBT - 3,922 words
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323 1986-05-02 14 AMY CHEOK - By AMY CHEOK THE TRADITIONAL packaging business has once again proved its worth for Metal Containers Ltd which had decided to concentrate on the high-technology sector. Metal Containers said there were significant cost savings in the first six months to December 1985323 words
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Article192 1986-05-02 14 Beraama THE FIRST PHASE of the Damansara Town Centre (DTC) office and commercial complex in Damansara Heights, Kuala Lumpur, is almost completed and is enjoying more than 60 per cent occupancy. A Selangor Properties official said it is trying to rent out another 20 per centBeraama - 192 words
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312 1986-05-02 14 Reuter THE BRITISH government has put forward amendments to its financial services legislation that will provide the Securities and Investments Board (SIB) with powers to prosecute. Corporate and Consumer Affairs Minister Michael Howard said no global transfer of prosecutionReuter - 312 words
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Article107 1986-05-02 14 HONGKONG Anstrolion Im lust riots Hong Kong Indox Thursday 1149 64 Thursdoy 2000.0" Wednesday 1994.4 Wednesday 1141.63 Week ogo 1974.4 Week ogo 1133.45 NEW YOfK Hong Song Indox Thursday 1848.65* Dow Jon **1783.98 Wednesday 1836.99 Wednesday Week ago 1824.51 Tuesday 1825.89 Week ogo 1829.61 TOKYO Stondord Poors Nikkoi107 words
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Article1315 1986-05-02 14 Current Ei Books Dete Total for Total far poymMt date dose poyaWe Hm year last year A B N 14% NYA NYA Moy 14 27% 26% A Enterprises 12%(n) Jun 16 Jun 26 Jul II 22% I89%(a) Acmo 5%(b) NYA NYA NYA 5% 5% Amcol 10% Apr 281,315 words
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535 1986-05-02 15 MBT KULIM (Malaysia) Bhd is cautious about predicting prospects for this year. Its chairman, Tan Sri Datuk Ha# Basir bin Ismail, says in his latest review that palm oil prices had fallen to very low levels earlier in the year although the price ofMBT - 535 words
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Article228 1986-05-02 15 STRARB Steamship CVs energy arm, Straits Energy Services, has established a Middle East office to tap the potential for growth in the region, one of its major markets. Heading the new office is Alastair Ramsay, who has been appointed director, Straits Energy Middle East, based in Doha, Qatar.228 words
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Article393 1986-05-02 15 LAST FULL YEAR Compony rtrioa Date Yeor Net EPS Gross Net ounowiicwi ending (cents) pwrfjt lost yior (V000) Mulpta Intl Interim Aug 24 Dec 85 3.0 738L Fodoral Flour Interim Sep II Dec 85 27.1 17.5 22,988 S J Amol Interim Dec 19 Mar 86 7.3 520 Ptloogi393 words
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469 1986-05-02 15 NAJEEB JARHOM - By NAJEEB JARHOM STOCKBROKER ONG 4 CO has emerged relatively unscathed from the Pan-Electric-precipitated problems faced by the local stock broking industry. It is understood that the firm, reputed to be the largest in Singapore in terms of volume of business,469 words
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105 1986-05-02 15 Reuter THE INITIAL offer of 226 million Cathay Pacific Airways Ltd shares to the general public was about 55.4 times oversubscribed. The tally tor 8.5 per cent of Cathay's stock, offered at HK$3.BB each, excludes another 172 million shares allotted to specific underwriters and toReuter - 105 words
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283 1986-05-02 15 MBT THE DEPRESSED property market and the difficult trading conditions have taken their toll on IGB Corporation Bhd (formerly known as Ipoh Gardens). According to its audited remits for the year ended Dec 31, 1965, group pre-tax profits Ml 46 per cent toMBT - 283 words
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Article, Illustration721 1986-05-02 15 HWA HONG CORP has written down its investment in its 50 per cent owned Malaysian company Hwa Hong Manufacturing Co Bhd to $1 as at Dec 31, 1985. Hie associate, which owns a piece of property in Batu Paha t, Johor, to721 words
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Article943 1986-05-02 15 SHARE PRICES in London were marked sharply lower in early dealings yesterday, reacting to the record fall on Wall Street overnight. But lade of selling pressure encouraged the bargain hunters and prices rallied from the lows. The FTSE 100 Index dropped 32.4 points to 1,628.1 in the first943 words
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Page 15 Advertisements
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Advertisement115 1986-05-02 15 GENERAL MANAGER REAL ESTATE COMPANY We own a large commercial building complex and are looking for an executive with proven experience in real estate management to take full responsibility for all aspects of the management of the company and its property. Applicants, preferably in their thirties, should have knowledge of115 words
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Advertisement532 1986-05-02 15 KECK SENG (MALAYSIA) BERHAD (Incorporated in Malaysia) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Sixteenth Annual General Meeting of the members of KECK SENG (MALAYSIA) BERHAD will be held at the Bilik Sri Ledang, on the Mezzanine Floor of Holiday Inn Jalan Dato Sulaiman, *****, Johor532 words
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Article, Illustration399 1986-05-02 16 INDONESIA has asked the US to increase the concessional content of its aid package to Jakarta because of the impact of falling oil prices on the Indonesian economy. The request was one of several bilateral issues raised during almost two hours of talks399 words
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350 1986-05-02 16 AMERICA AND ASEAN should work closely to keep open the avenues of world trade, says President Reagan. Free world trade, he pointed out at his meeting with Asean foreign ministers yesterday, is "fundamental to the well-being of both our peoples". An advocate350 words
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494 1986-05-02 16 CHUANG PECK MING - By CHUANG PECK MING THE COWEC welfare scheme is to continue as a pilot project. This was decided after a review of the scheme following the reduction in the Central Provident Fund rate. In spite of the withdrawal of Shangri-La Hotel, eight other494 words
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458 1986-05-02 16 LUCY NG - By LUCY NG ONCE BITTEN but not shy is the attitude of Credit Data Pte Ltd, which is to set up again its scheme to pool information on debtors. The credit agency had run the scheme, called Credit Interchange Scheme, since458 words
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Article139 1986-05-02 16 Reuter THE SOVIET UNION said yesterday it had enough scientific expertise to deal with the nuclear disaster at Chernobyl and did not need help from Western governments. Moscow's embassy in Oslo said in a statement to the Nor- wegian government that only one nuclear reactor hadReuter - 139 words
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Article111 1986-05-02 16 UPI MEMBERS of Thailand's four-party coalition government staged a revolt in Parliament yesterday, triggering a virtual end to Prime Minister Prem Tlnsulonanda's six-year rule. Forty-one members of the Social Action Party, the largest pro-govern-ment group, teamed up with opposition forces to defeat a government finance BillUPI - 111 words
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Article187 1986-05-02 16 SINGAPORE POOLS will computerise its Toto sales network on May 19 and its 4-D operations one week later. Initially, 97 Toto sales agencies will go on-line, with the number gradually increasing to 150. The agencies will eventually replace the existing manual system which operates the187 words
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262 1986-05-02 16 AFP SABAH's largest Muslim party has released an election manifesto offering to share power with all races if it wins the state elections next week. The secretary-general of the United Sabah National Organisation, Abdul Hamid Mustapha, who released the manifesto onAFP - 262 words
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117 1986-05-02 16 Reuter CHINA is willing to work with Taiwan in the Asian Development Bank in spite of the fact that the island is "an integral part of China". Chen Muhua, governor of the Peoples' Bank of China, told the bank's annual meeting inReuter - 117 words
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Article97 1986-05-02 16 Reuter COMEX GOLD FUTURES slipped through Wednesday's lows on speculation yesterday morning that the USSR might step up gold sales to cover any increase in agricultural imports. Gold for delivery in June lost USH.BO at $346.30 an ounce on selling by American dealers and London traders.Reuter - 97 words
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Article64 1986-05-02 16 Reuter WALL STREET stocks extended losses at the start yesterday, moving lower on sheer momentum. Stocks ignored a modest early rise in credit markets and the US dollar while carry-over selling and weaker technical factors took precedence. The Dow Jones Industrial Average dropped nine points to 1776,Reuter - 64 words
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LATE FILE
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Article54 1986-05-02 16 Reuter PHILIPPINE Finance Minister Jaime Ongpin is studying incentive plans to attract up to US$3O billion kept overseas by Filipinos during the rule of ousted leader Ferdinand Marcos. He said estimates of bow much money was kept abroad by Filipinos ranged from US$lO billionReuter - 54 words
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44 1986-05-02 16 Reuter AT LEAST one person was killed and scores injured when supporters of Philippine President Corazon Aquino and ousted leader Ferdinand Marcos fought each other in Manila. Police said one Aquino supporter died in hospital from stab wounds. ReuterReuter - 44 words
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Article39 1986-05-02 16 Reuter A FORMER Indonesian minister charged with subversion, Mohammad Sanusi, said yesterday he once met "a bunch of comedians" but did not know they were plotting to kill President Suharto and start an Islamic revolution. ReuterReuter - 39 words
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Article38 1986-05-02 16 AFP SOUTH KOREA'S opposition New Korea Democratic Party yesterday cautiously welcomed President Chun Doo-Hwan's latest statement on democratic reform but rejected his call for an end to a petition campaign seeking direct presidential elections.AFP - 38 words
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Article30 1986-05-02 16 Reuter FIGHTING between rival Sri Tankan rebel groups, in its third day yesterday, has resulted in more than 200 people killed so far, police said.Reuter - 30 words
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Article50 1986-05-02 16 AP INDIAN security farces yesterday failed to capture Sikh extremist leaders when they raided the Golden Temple. Police chief Julio Ribeiro also warned of possible reprisals against Hindus in the state following the raid in which one Sikh was killed and two wounded. APAP - 50 words
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Article33 1986-05-02 16 Reuter Republican congressmen have admitted defeat in their attempt to win an unfettered vote on President Reagan's US$lOO million aid request for contra rebels in Nicaragua. ReuterReuter - 33 words
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32 1986-05-02 16 Reuter SOUTH AFRICA yesterday strongly reaffirmed its call to nationalists in the African National Congress (ANC) guerilla group to reject communism and violence and begin negotiating.Reuter - 32 words
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Page 16 Advertisements
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Advertisement123 1986-05-02 16 Expatriate executives tfJr. See our invitation below Still looking for accommodation? Dissatisfied with your present arrangements? You owe it to yourself, and to your family to visit us at Ardmore Park the "Mini-United Nations of Singapore" where you'll experience convivial community living at its best and friendliness at every turn.123 words
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Advertisement18 1986-05-02 16 Leader, Pege 8 Battle to contain radioecthrity, Page 6 ADB to ghra priority to prtvato soctor, Pag« 1318 words
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Advertisement33 1986-05-02 16 RADO DiaStar «Anatom» Diamond-polished Convex Sapphire Crystal. Scratchproof. Waterproof. •152.0202.3.011 M V wm y RADO SERVICE CENTRE: NEW HORIZONS SINGAPORE PTE LTD 35 Selegie Road #81-06 Parklane Shopping Mall, Singapore 0718. Tel: *****11/2.33 words
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Page 16 Miscellaneous
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Miscellaneous52 1986-05-02 16 Outlook for today: Showers over a few areas in the late morning. Report for 24 hours prior to i 4 i -a AL. Maximum temperature 32.1 Associated humidity 68 Minimum temperature 25.0 Associated humidity 97 Hours of sunshine 6.35 Roinfall in millimetres 1.6 Rainfall this month 1.6 Rainy days this52 words
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SHIPPING TIMES
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323 1986-05-02 17 Reuter THE UNITED STATES, Japan and West European shipping countries have agreed on a plan of action to curb protectionism in foreign liner trade. Their initial focus will be on Peru and Sri Lanka whose cargo reservation rules favoured national carriers, officials said. TheReuter - 323 words
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389 1986-05-02 17 G DURAIRAJ - By G DURAIRAJ THAILAND IS likely to make it mandatory for cargo bookings to be made through a central authority which is expected to be set up by the end of the year. The Thai government has already drafted389 words
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186 1986-05-02 17 Opecna NIGERIAN President Ibrahim Babangida inaugurated a US$7O million ship repair dockyard at Snake Island, the first of its kind in West Africa. The president said the new facility would save the country about $10 million a year in foreign exchange. He urged all shippingOpecna - 186 words
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204 1986-05-02 17 A HANDBOOK is being produced by an Austra-lian-based company, Charter Pacific Publications to promote Malaysian ports. The handbook, expected to be released in July, will cover principal Peninsular Malaysian Si, especially Port Ke- Johor Port, Penang Kuan tan port. It will be the204 words
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PORTSIDES
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Article66 1986-05-02 17 Reuter A 19.000-TONNE oil tanker has returned to China at the start of a shipping service to Alaska, the New China News Agency said. It said the tanker returned last Sunday to the north-east port of Dalian from the Alaskan port of Kenai. A 60,000-tonne oilReuter - 66 words
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Article86 1986-05-02 17 Spain and Tunisia have entered into a bilateral shipping pact. Under the agreement, vessels of the two countries will be given equal treatment regarding the access to and use of the ports as well as aid measures in case of ship accidents. The liner trade between the86 words
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Article1348 1986-05-02 18 A*" SLIGHTLY higher trend for grain fixing out of the US Gulf and active timecharter business featured the freight market on Wednesday, shipbrokers said. Grain was covered from the US Gulf to Venezuela at US$6.5O compared with the Baltic sub-index for this route of $6.33 while grain from1,348 words
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Article1387 1986-05-02 18 'Minimum movements' for the 9 ft 6 in containers Lloyd's Maritime Asia HI-CUBE CONTAINERS have taken to the roads of Japan like a cat to water, causing a controversy that has brought diplomatic discussion to bear on the use of 9 ft 6 in 40-ftLloyd's Maritime Asia - 1,387 words
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Article, Illustration179 1986-05-02 18 THE BENLOMOND, a drillship owned by Ben Line, will leave the Asia-Pacific region for the first time since its construction to undertake a contract in Greece. This follows the signing of an agreement between Atlantic Drilling, a Ben Line subsidiary and Public Petroleum Corporation179 words
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Article841 1986-05-02 18 AB Shpg V 5 Heung-A VI 3 Accord Shpg VI 3 Hinode Kisen VI 1 4/5 Afeo Line VI 3 Hoegh Lines VI Ahrenkiel Liner X 1 Hoegh-U gland VI 4/5 AC Toepfer Anro Service Arrow Lines Atlas Line X IV X X 5 3/4 4 3841 words
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148 1986-05-02 19 Seatrade Week THE US FEDERAL Maritime Commission warned that it would take action against protectionist measures imposed by Peru in the US-Peru trade unless diplomatic efforts to soften the country's stand prove successful. The commission's declaration follows Peru's requirements that 100Seatrade Week - 148 words
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461 1986-05-02 19 Reuter THE WAH KWONG Shipping and Investment Co (Hongkong) Ltd group will sell about 20 ships under a package presented to creditors to restructure its US$B5O million of debt, banking sources said. The plan includes a corporate reorganisation that will transferReuter - 461 words
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546 1986-05-02 19 FT THE BRITISH government has placed an order for its first £800 million Trident ballistic missile nuclear submarine. The Vickers yard in north-west England was given the order only a month after Britain sold it to its management and workers. TheFT - 546 words
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198 1986-05-02 19 INSURERS SHOULD be able to help remove substandard vessels by refusing to provide cover to second class operators. The suggestion was made by Mr Lars Lindfelt of the Swedish Club at the World Fleets 86 Conference in London recently. This was198 words
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Article190 1986-05-02 19 THE MAJOR shipping consortia operating between the Far East European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EABT/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container190 words
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97 1986-05-02 19 THE 30,000 grt Koningin Beatrix has begun ferrying passengers and cars between Harwich, UK and the. Hook of Holland, the Netherlands. Operated by Sealink British Ferries, the Koningin Beatrix can transport 2,100 passengers and 500 cars. It is maintaining a joint service with the British-flag St97 words
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Article4870 1986-05-02 20 §®aBG)011B 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 at4,870 words
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Article799 1986-05-02 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Harvester 17S/86 02.5.86 2100 SMS F1 1200-1300 N3 N Beryl 14W 02.586 2359 NAPL F1 1400-1600 B6 Hayakawa M 0225G 03.5.86 2100 Kawasaki F1 1600-1600799 words
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Article344 1986-05-02 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure hrl K9 Barber alongside 02.5/1800 Builder 3 K23 Thong Soon alongside 02.5/0700 Hati Baik K20 Kie Gwan alongside 02.5/0600 Kawosiwagi M K27 Eka Jaya alongside 02.5/0600 Princess Ruby K28 S'pore Shp olongside 02.5/1500 Raven Arrow K16 Jardine alongside 02.5/0700344 words
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Page 17 Advertisements
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Advertisement776 1986-05-02 17 is. Iml his to- I) M 2L OOCL OiuentOveiqeas CotUesmi Line A«miK MOM SNPfWE MOOES (Rtg. *****4/ 00K) 70 Shenton Way *04-03 Manna Howe Singapore 0207 a Til *****11 TELEX NO RS ***** CfS OFFICE TPC #03-029 Tel *****31 and *****32 Terminal olfee IPC #***** Tel *****90/*****93/*****01 ram mm shphk776 words
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Advertisement77 1986-05-02 17 IKBIDB HI-CUBE CONTAINERS hove taken to the roods of Japon like a cat to water, causing a controversy that has brought diplomatic discussion to bear on the use of 9 ft 6 in 40-ft containers in Japan. Progress has been rocky. Pag« II THE WAH KWONG Shipping and Investment Co77 words
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Advertisement1081 1986-05-02 17 ]$?(_%{(-:`*&^&^:]%{`:;=>$+*@^: MAERSK LINE Voy IS? por# EXPORT TO USA. EUROPE. EAST. WEST AFRICA 6 ASIA •Sappwt Owi Tee CY 5/5 ISO* MB cn 4/5 23» hks US Gult US A'ian-1 E,s' C. MIA NYC MON BAL PHL CHS LGB OAK V 4 21/4 Z2/C 24/4 1/7 1/7 S/7 5/7 5/71,081 words
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Page 18 Advertisements
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Advertisement201 1986-05-02 18 Y.S. LINE YAMA3HITA-SHINNIHON LINE TRAMS-PACIFIC SERVICES 1 n Pacific South WMt Fttdtr at Kao Pacific North Wast Faadar at Kao irnai ■nnniT CETO— fPHI liA— B ■cm mm Atlantic/Canada Faadar at Kotoa I TTMPMUJ n ilm TlUi m iifii i FTMIV/; I r™ nnw m n ft* FTT* ttttbi i201 words
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Advertisement198 1986-05-02 18 Supercarrier Service iczncni Mm acc*M« «*i hi Hmtw (MLB). 1 Frmm, (MM StocfcMa mi Sm Of m L Am(*m. Cfcartnlw na Sa* TO: CARIBBEAN CENTRAL AMERICA CMBKM Arnba. Curacao Bndfetown PMipsburg Port of Span Hamlton. Kmptor St Who Basse Terre. Castries Fort France Point A P<re Part an Prince Nassau198 words
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Page 19 Advertisements
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Advertisement950 1986-05-02 19 mm mm v-Wvvv iiW The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Setoeh, Sarawak, Brunei Porta and Bangkok Overseas Containers Limited cqmtanoshp services to/from Bangkok I CONTAINERSHtP SERVICE TO UK/CONTINENT HONGXONE EJPRESS OTY OF EDMUtGH FRANKFURT EXPRESS TOUO IHSS KITINO MMU OSAKA BAT Km EXPRESS950 words
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Advertisement724 1986-05-02 19 .If. Franco Belgian Services ~r t ,i*t /r.n. h r> ,th /w i.in l .ir f i-r. rn I in, (MEMBER OF ACE CONSORTIUM) .if v •<: 1 JUS I not a TO* TO CMM cam* STQK PJSLANC I* (tarn Ita PStnN Km Bltovn M 7Mr (05 lb;) 24 Mr724 words
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Page 20 Advertisements
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Advertisement359 1986-05-02 20 Hapag-Lloyd 10 CONTINENT/UK EXPORTS S'pare GawaHbvt Uaa Bha»« A««p i 9/5 U/5 13/® 9/9 13/5 15/5 17/5 12/8 15/4 24/4 29/4 24/4 17/4 J/4 11/1 13/« 15/7 11/7 13/7 «/7 FKOM N. CONTINENT &UK IMPORTS i Agents SEGANI—- Smipore *****66 K. Lumpur *****25/6/1. I *****49 Bocfcnc *****78 P. XHm( 368(783359 words
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Advertisement129 1986-05-02 20 LINE r^m *Suti* FULLY CONTAINERISED SERVICE [TO EUROPE VIA SUEZ MffT bff tht ct COTo,lllim tont J« a»»n»t it* C. R. TOKYO 4N CMM CON TUNED 35« FROM EUROPE VIA SUEZ A Member of the Ac? Consortium IP Kcbnt Spoil HKonf Kantanf Buun My* 8/5) 6/5 10/5 11/5 14/5 19/5129 words
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Advertisement521 1986-05-02 20 JXL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** &RS ***** I \SI I RN CAR I INI K. I I I). INTERMARITIME LTD K. Kiuttjfei (V* Tit *****0 Marts (St* «f«t) Trt *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM Ska. SP n521 words
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Advertisement625 1986-05-02 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) Ser ED HB6 FU MM MM I* no cows h Nrt 21/5 a/s 27/s a/s a ElO GARDEN 5/5 14/5 25/5 27/5 71/5 J»/5 31 GUARD 11/5 21/5 1/1 1/4 5/t J EM* LAUREL 11/5 21/5 4/4 11/(625 words
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Page 21 Advertisements
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Advertisement712 1986-05-02 21 PACIFIC INTERNATIONAL LINES VX W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VOY SIN JKT PJQ PLB VESSEL SEA VICTORY u* Zitx JAKARTA/P ANJANG/PALEMBANG VOY SIN BBY SMG SIN BLW •Sit Sid SM Sid SM SM OSSB/OSNB Ski 3/5 0/5 03SB 0/5 14/5 Ml 9 3/5 7/5712 words
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Advertisement220 1986-05-02 21 \<t>- THONG SOON iWgg&g,. AGENCIES PTE. LTD. #09-07, Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PEN ANG SINGAPORE TO SARAWAK IE 7 Ma 4 Ma 2 Ma FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Agents: Baagtok: Trmparl220 words
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Advertisement761 1986-05-02 21 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SCTVICE TO UK/CONTMENT EXPRESS CONTAJNEF SERVICE FROM UK/CONTIOIT OuAaßay SjM SaM Kiu(j Mara bM SaM Bremen Eipicu 4/5 S/5 Anton Bay 12/5 14/5 .Frartlvt Eipmi l/C 3/6 Toka Eiprns 9/C U/f ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KjJEBSEN LINE761 words
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Advertisement478 1986-05-02 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESURI LLOYD P.T. SAHUDERA INDONESIA P.T. TRIKORA LLOYD K EKA JAVA AGENCIES PTK. LTD. r.» Mtto cHtci »mm uu tnunM m* iu siujb With effect from 23rd April 1986. Our telephone number will be changed from *****2 (7 Lines) to478 words
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Advertisement316 1986-05-02 21 BOUSTEAD SHIPPING AGENCIES m Pa|an V9SW Htoneywa V/ 211 Paan V9SW V* BURMA FIVE STAR (Burmese National Line) Loadmf fpr Rangoon Spore P .Kelai( P«w* 10/11 May (P. Gaiam) 9/11 May <r. Gudam) 25/27 May BANK LINE TMMITM SAMOA V 7 arOCMW Vl7* FOiTtWM VIC Ipm* <m p«h: Put Mm*/Kirtt/>**/liak«/Ut)316 words
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Page 22 Advertisements
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Advertisement1174 1986-05-02 22 K LINE USA CANADA ATLANTIC COAST (Round The World Service) KAWASAKI KISEN KAISHA, LTD. ACIFIC COAST PACIFIC SOUTH WEST MOTMEK VSI T/S PORT LA/LB OA FEEDER VSI PK PN ST MOTHER VSI T/S PORT LA/LB C. CONTMNER V34E- MAY G G BROGE V 9 (TK) 23 MAY 2 A* HARM1,174 words
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Advertisement685 1986-05-02 22 wMVMHtnr -awMTDnr "CALAMR" tsrtaffa INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore PKetanj Penanf IcudOf tot 29 Apr CdMba/lMteir kb*»/Cte«/HMa/Uatt) INDIA SERVICE Accepting FCL Containers and Conventional Cargo Stnjapore P Mar* Pfoanj loadwt tor S O NANPUI 13 Mil USA ATLANTIC/EAST CANADA SERVICE Accepting FCL/FCL Containers lar New Tat. Savannah.685 words
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Advertisement404 1986-05-02 22 GOLDEN LINE GUM GUMI SHPMNG (NE) LTD 23 Trt* Ayw IM smgapok oi»4 m uajni ai üb) STRAITS/PERSIAN GULF SERVICE: SOIDEN KM totombo Uckih D»b» Mu-Mhmi »/10 lb) COIDEN HAVEN uwxnbo IvK* Bowbij Duto. Itof 1 tottffdJifi Hjmburf 10 5 14 5 LIU at. Vi k3 ja 111 pa 55404 words
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Advertisement471 1986-05-02 22 INTRASEA (PTE) LTD 10 Anson Road =27 16 lnte'nd 'O r >a P Md S>"cjHpo'P 0207 Tel *****1 1 IT' L ,r >*S) j o BREAKBUIK SERVICE TO EUROPE/UK i| PHILITRON SHIPPING AGENCIES PTE LTD TFt ?2i8622 (8 IINF S) TELEX RS ***** PHII I KUK 1Q Ifa (T» SfOB471 words
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Page 23 Advertisements
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Advertisement624 1986-05-02 23 &NOL NEPTUNE ORIENT LINES LTD Agents S pat NEPTUNE AGENCf S PTE LTD Id He office lanimal CFS BOOHN3 *****77 Ft lU/WSI TPA/SM *****77 *****22 *****53 OR OMECT I*s *****53 *****42 I Bairu HARPER MRA SON. BHD 2XIOO P Keiang HARPER MRA SON. BW *****01 *****41 P. iaya HARPER MRA624 words
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Advertisement374 1986-05-02 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN, INCHON WIS Spot lb t Dwwi/MMN ta Pa lb I Ovum MM 15/5 f«ltn. U?N 16/5 No 7 Daum/MMN No D««i/tMN No i Dm iOM No I tau»/M4N No 7 Donan tOSN No I D*njtn/MSM No Datum374 words
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Advertisement667 1986-05-02 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, fttetet Street Singapore 0104 Telephone Numbers *****33 (15 Lnes) Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P. KELANG muv M/SSHARKAT NAH SOON SON. BW. IST AND 2ND FLOOR. MESSRS Ml THON6 SHFPBS 127 Pmaw Sir*t667 words
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Advertisement98 1986-05-02 23 K S LINE JAPAN STRAUS SERVICE SANKYO LINE (S) PTE. LTD. 37 Som»fMt Road #06-01 Ng Taow Oldg S pors 0923 Tel 235 H444 4 lln*«| Prwt Heljng lif.i P#l., Sr,c Bhrt tel 03 tKW.'i S Penjnf M.tl.(,<.i.f T r »<1«- fr.vnpor' ltd !e! 04 #> 1 P.iMr fiixljnf M98 words
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Page 24 Advertisements
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Advertisement384 1986-05-02 24 (rmi REGIONAL CONTAINER lines TO BANGKOK (4 WEEKLY SAILINGS) vvi Tw/Fri I Sjflvd Sat/Stn 34/5 4/5 i/5 |Frt S-7/5 [QdE2Ztl C331E3 7TTT! Bmtm ICZ3CH3 ILIiAjiU E—im ■Pti'-IHllfil -inrn QSH CZ2ZZI QQQ ffl SEA DRAGON THAILAND uibi i?77i rr icm MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PEWW6/WEEKLY TO PJCEUMG/FORTMOfRY TO384 words
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Page 24 Miscellaneous
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Miscellaneous156 1986-05-02 24 m Weather 2 U J I is fir it ,r--35 7&* 1£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. </*■ Wind d«rect»on with speed in knots Wove height LEGEND R Thunderstorm <**ct,on with speed .n knots y Shower a a Rain Wove height Cloudy Sky Surface winds156 words
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Page 25 Advertisements
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Advertisement201 1986-05-02 25 ■mi.vw.ui: TWhTTTT^TI SERVICES TO CHITTA6ONG nUST MM I 12/ M SM hM CAICUTTA ttBASMOt I K/K 11/5 14/5 CTG STM DMMOM) 13/ M 1/5 12/5 CAICUTTA STM GOU) 13/K 4/5 »/5 MAWtt m CALCUTTA BOMBAY COLOMBO. KARACHI ON MDUCtICNT AGENTS: BAYANIHAN SHIPPING PTE LTD T«fc *****11 Mom) Tlx: M 561*7201 words
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Advertisement206 1986-05-02 25 eojj ETD Spn 2/5 13/5 LIZENA PTE LTD TFS tNTFPNATIONAL TOHOWOKOWO TFS VOY 102 TFS VOY 103 TOHAI-UW9 Eta Pan 10/5 IS/S TFS VOY OSS TFS VOY AM TFS VOY TO Eta Fan 0/5 PHEY Eta Fan t/5 ELUWO Eta Fan 0/5 Eta Hbg 1/0 Eta Mai 4/0 Eta Kao206 words
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Advertisement532 1986-05-02 25 GLORY NAVIGATION GROUP 3E3HEIQEmiii TAIWAN TO SINGAPORE I ASEAN WRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P.KELANC PERMS POARMNG RELARKN I« GLUT V-49 UM 12/4 11/4 6. SELATM Vlll V-31 SJM 16/4 17/4 C. SELATM V V-42 SjM SaM 6. SELATM n»37 hM 4/5 4/5 G SELATM B»»532 words
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Page 26 Advertisements
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Advertisement379 1986-05-02 26 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTMENT TO; EUROPE is mm si>o« mniw kmw fo« urn 0/0 Mi, ID/11 M *l 12/13 Mar 14/lb Mar I*. HTM. tflC. FM: EUROPE KNME KELMIC SPOK uri sw su sw ANCHM 5/7 M>t I »/i# POK BANGKOK FINN W hi Nrt ttG BMW379 words
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Advertisement401 1986-05-02 26 HEAP SENG TRADING 1 SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****44 (3 LINES) TLX NO. RS ***** HEAPCO DOT NO *457* V4SA* V4S9K 4/5 U 7 Hay 11 H»y II tt*T 17 lAay 3/4 5/5 11 Hi 12 Mi It lb 11/15401 words
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Advertisement646 1986-05-02 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUT COMTMOUSED SOIWCt 10 EUIOfC «M »K) Spn Lrttartt Mm Fstmn HW| Braa htmrnf st»w stas ana 7/5 »/s 27/5 nn Ji/s i/c j/i WCATOi 3lff 14/5 2/1 J/I VI 7/1 l/l 11/ l a TOKTO 4«646 words
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Advertisement764 1986-05-02 26 Everett Lines COMPANM PERUANA DC VAPOREES (Cf.V.) "PERUVIAN STATE LINE" IMd«C *o> Cab*. Mat arm lo m 4 Mm Ptrrnan ports art* t(W*peent at I On CPV Tkioafk Ms ot lad** lo Una destmalion JONNEHERETT ——I THOMASEKRETT 11/u May 23/25 May i/1 km EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE764 words
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Advertisement236 1986-05-02 26 ZIM rr r»7T 12AM 14 i U4« T2i* MM MAM 1.1 M 1.1 M 11M \%IM 1117* U.IM VIM +r 5 wr*9 AUSTRALIA CONTAINER mjtji .a v T aBR a KTI EnnrHrvn GOLD STAR LINE riM M J GOLD MOUNTAM Coiombo/Mombasa/MAHE Durban/Maputo IS/5 I OSAKA MARU Durban/Capetown/P. ESz. 11/5 GOLD236 words
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