The Business Times, 8 May 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, MAY 8, MM 75 CENTS
    12 words
  • 666 1  -  Initial plan to inject $4m into Ang Mo Kio plant By SAID ABDULLAH AN IMPORTANT SHIFT of production to Singapore is being considered by the world's largest manufacturer of semi-con-ductor chips, Japan's NEC Corp. The company, which overtook all its US rivals last year,
    666 words
  • 553 1  -  By LEE HAN SHIH SPENDING on research and development (RAD) should reach one per cent of the Gross National Product by 1968, the chairman of the Science Council of Singapore (SCS) said yesterday. Projecting that RAD spending would
    553 words
  • 373 1 TAT LEE FINANCE Ltd has filed a $1.79 million suit against Associated Asian Securities. Also named as defendants are Peter Tham, the former Pan-Electric Industries director who is facing 26 charges of criminal breach of trust, abetment of CBT and share forgery; former AAS director
    373 words
  • Article, Illustration
    52 1 edged apaesriea yesterday. Baying Interest eaaoaaed la be aa The BT Caaapeetto Mn raae S.S4 peiata to 486.T0 aad the «eased by LIB palate to BL». Velaie waa at 7.SS arilliea vmaees led deettaee by 71 te' 41. Brekera attributed yesterday's galas to Interest la trastoe stocks aad
    52 words
  • 356 1 Reuter A MAJORITY of US congressmen have urged President Ronald Reagan to take a tough stand in textile trade talks with Third World countries to help US producers hit hard by apparel imports. The legislators reminded him of his promise to take
    Reuter  -  356 words
  • 108 1 Reuter INDONESIA has announced new measures to encourage exports and foreign investment, relaxing import regulations and enlarging the scope for foreign investors. Economy Minister Ali Wardhana said in Jakarta yesterday the measures include the establishment of a tax-free zone for exporters. Foreign companies that under existing regulations
    Reuter  -  108 words
  • 197 1 AFP UPI MALAYSIAN Prime Minister Dr Mahathir Mohamad has reshuffled his Cabinet, appointing millionaire businessman Ghafar Baba his deputy to replace Musa Hitam, who quit the deputy premiership in February citing personal differences with Dr Mahathir. Cabinet spokesman Rais Yatim said yesterday that Mr
    AFP; UPI  -  197 words
  • Page 1 Advertisements
    • 63 1 Ultra. It'll change the way you play. L§ Uttt&on SPOMTMG MOUSE T«»: *****55 2g Great fccific! O DBSBANK Plus there's the great convenience of our 6 branches for aH your I financial needs. Now Great Pacific Finance is backed by Singapore's biggest bank. You'll enjoy this great security while your
      63 words
    • 259 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE TV S RADIO SRIBTOW OUR VIEW THE RESOUNDING VICTORY of Dotuk Poirin Kitingon and his Parti Bersatu So boh has positive implications for Malaysia as o whole. It should enable Malaysian leaders to get on with the task of tockling socio-economic problems.
      259 words
    • 0 1 ,%&/&@.}/']_-[,"|&}/`\>)'+=._(_
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    • 191 1 BEHMD EVERY SONY PRODUCTS SONY Service *****11 Which Bugis Street? Find out on Back Page Shipping Timaa coum M a wptriH taction today. Maka aura you gat your copy. That's iNCßedible! Latest news from NCR Singapore We designed the NCR 9800 to grow the way your business grows Most businesses
      191 words

  • HOME NEWS
    • 354 2  -  Peat Marwick to help in civil service productivity campaign By SAID ABDULLAH FOR THE FIRST TIME, the government has sought professional help, from here and overseas, for the civil service's productivity campaign this year. It has appointed Ogilvy A Mather Public Relations to handle the publicity,
      354 words
    • 95 2 MARKET LEADER Esso Gas will cut the retail price of liquefied petroleum gas (LPG) today. The 12.7-kg domestic cylinders will now cost $17, a drop of $2, while the 50-kg industrial cylinders will cost $66, a fall of $8. Esso, which controls about 30
      95 words
    • 375 2 THE convention industry, which performed well over the past few years, continued to show good growth last year with a 14 per cent increase in the number of conventions held here. Statistics from the research department of the Singapore Tourist Promotion Board show that a total
      375 words
    • 260 2  -  By LOH HUI YIN SEMCO, the six-week old company formed by the Sembawang group and Temasek Holdings, will complete its fourth salvage and towage contract this week. The company's latest job was to tow a semi-submersible barge to Miri to collect an offshore mooring buoy and
      260 words
    • 452 2 AN ARTICLE in Britain's National Westminster Bank's Journal hss struck a note of "guarded optimism" for the future of Singapore's economy. The challenge facing the economy is "formidable" but the the article is confident the Republic can overcome its difficulties. The article in the bank's latest
      452 words
    • 234 2 DRAFTS which are badly worded have again been singled out aa a canee for delay tn certification of collective agreements by the Industrial Arbitration Court. After an improvement in ISM, the president at the lAC, Tan Boon Chiang, indicated some unions and employers
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    • 231 2 THE KUDOS may have come eight months late, but Shangri-La Hotel's ranking on a list of the world's best hotels has been good for the past five years. The hotel was voted No 5 In the world last September by an Institutional Investor survey, but
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    • 127 2 A DELEGATION of chartered secretaries and administrators was in China last month to observe the progress of enterprise management in that country. Organised by the Singapore Association of the Institute of Chartered Secretaries A Administrators, the team also examined the opportunities for cooperation with the Chinese in
      127 words
    • 43 2 THE section of the Ayer Rajah Expressway from Keppel Road to Alexandra Road will be open to traffic tram 2.08 pm this Saturday. It will be officially opened by Lee Yiok Seng, the Senior Parliamentary Secretary of the Ministry of National Development.
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    • 545 3  -  /«igk e v e By BOEY KIT YIN THERE IS NO foolproof formula for success in business, but four small local companies have found out that following some basic rules has made a vital contribution to their growth. By planning ahead, keeping a
      545 words
    • 137 3 (Chinese) *t "Tfli £«£«*£T m*w fcf£fc?i+#J S;^?±«m^oD fhS.fiZ o jZJ\ J ZfB.p}&)£±Q Su Yeang i£it&A*rPBi> pJfitJSu Yeang'hffl.ftfic'Slk ifi —<&#> i&w f* tt**iWiT**Wi+*a W« *WfHfe##HK£ Viva £P r] Micheal Ohfc£# ms.m*nm9 tt o -»&«J£¥tt£ik#*#;Mi7f& tei* *>igsttJl*t*fft& rfg£i£* »ri£&£«ffl3i o Su Yeang'h ft Oh sfe 4. IK% ftfattttfiftS**##* f? £>lklC&giJ|»i3ji££fc o Su
      137 words
    • 183 3 THE LATEST In airport facilities will be incorporated in the (320 million second passenger terminal building which will be ready for operation in late 1969. The new building will have a people mover system linking it to the other, said Mr Lee Yiok Seng,
      183 words
    • 379 3  -  By CHUANG PECK MING A YEAR-LONG wage dispute between the Singapore Turf Club and two unions is close to being settled. Sources said both unions representing the workers were hopeful of a compromise by the end of the month after the club's management
      379 words
    • 481 3  -  By JAIME LYE THE JAPANESE tourist market rebounded sharply in the first two months of this year, but not as a result of the rising yen. In fact, in the long run, the higher yen could have an adverse effect on the number of Japanese
      481 words
  • Page 2 Advertisements
    • 240 2 Draw on up to $50,000 more than you have in your account! Ji! V, m a is m -v. 1 The Chase Reserve The Chase Reserve is an unsecured overdraft. A service which gives you ready access to more money than you currently have in your account. Think of the
      240 words

  • Page 3 Advertisements
    • 31 3 V-/ artists. To each, its own would be our polite reply. After all, how else can we account for the BMW on permanent display at the Smithsonian Museum,Vteshington D.C., U.S.A? gf
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  • OVERSEAS
    • 437 4 Reuter US CONSUMERS are stepping up the amount of money they borrow at a rate that far outstrips their salary increases, leaving economists and securities analysts concerned that more and more borrowers will be unable to repay their debts. "Our information supports the view
      Reuter  -  437 words
    • 328 4 AP THE US State Department accused the NBC television network on Tuesday of encouraging terrorism by broadcasting an interview with Abul Abbas, the suspected mastermind of the Achille Lauro ship hijacking. In the interview, Abbas, also known as Mohammed Abbas, said President Ronald Reagan
      AP  -  328 words
    • 148 4 PLACING ARMED federal marshals on US aircraft might endanger passengers rather than deter terrorists, Federal Bureau of Investigation director William Webster said. Although he acknowledged marshals on airliners "may make people feel better... I think that it's potentially an increase in threat," the
      148 words
    • 212 4 Reuter INFLUENTIAL Salomon Brothers economist Henry Kaufman said on Tuesday he saw another round of interest rate cuts led by West Germany and Japan but added that eventually US interest rates would head up. "While the Federal Reserve board has largely taken the initiative in
      Reuter  -  212 words
    • 338 4 UPI LOWER OIL PRICES are "unambiguously beneficial" for global economic growth, says Chase Econometrics in a special forecast. In assessing the impact of cheaper oil on 58 economies around the world, the forecasting firm used three hypothetical oil price scenarios: US$22, $18 and
      UPI  -  338 words
    • 116 4 AP CONSUMPTION of petroleum products is likely to increase this year due to lower prices and the quicker pace of economic growth. The Paris-based International Energy Agency said on Tuesday in Its latest monthly oil market report that assuming governments did not increase taxation,
      AP  -  116 words
    • 225 4 NYT A REPORT on global resources has revealed a scientific coaseMus that the decline of forests in Europe and the US is, like cancer, caused by several factors. The report, by the World Resources Institute and the International Institute for Environment and Development, has found that
      NYT  -  225 words
    • 308 4 AP RAMBO would be embarrassed. The soldier-heroes of Israel's first film on the Lebanon war shed tears, dispute their orders and rough up the local residents. The film, Ricochets, is the story of a single platoon and the conflict between a recently graduated
      AP  -  308 words
    • 808 4 ARRIVALS Operator Srnct number Loco) tMM From SIA SQI17 0005 KUL LUFT LH688 0010 FRA/DXB UA UA805 0010 JFK/SFO/HKG RBA BI443 0330 BWN MAS MH68I 0820 KUL MAS MH811 0910 PEN MAS MH67I 0920 KUL SIA SQI 03 0950 KUL AC AC858 0950 YY Z/LHR/BOM CPA CX7I0
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    • 345 5 INDONESIAN Foreign Minister Mochtar Kusumaatmadja has called for a reassessment of economic strategy by Asean. Speaking to businessmen and foreign diplomats in Jakarta on Tuesday, Dr Mochtar said the original idea of Asean was to promote trade between members. But he
      345 words
    • 122 5 Reuter NATO COUNTRIES and Japan have agreed to relax rules governing their sale of high-technol-ogy goods to China. Jane's Defence Weekly, the British-based publication, said on Tuesday the new guidelines were worked out by the Coordinating Committee for Multilateral Export Controls (Cocom), a 16-nation panel
      Reuter  -  122 words
    • 191 5 AP A REPORT prepared for yesterday's presidential Cabinet meeting has recommended that the Philippines repudiate US$6OO million in loans that financed an almost-finished nuclear reactor on the Bataan peninsula. The report, a summary of which was released to reporters on Tuesday, came a
      AP  -  191 words
    • 340 5 AFP THE AUSTRALIAN government yesterday said it would hold a commission of inquiry into the conduct of a High Court judge whose refusal to resign has sparked a constitutional crisis. At the centre of the furore, which has embroiled both the Parliament
      AFP  -  340 words
    • 223 5 UPI PRESIDENT Mohammad Zia Ul-Haq came under attack from opposition leaders on Tuesday over his reported intention to impose martial law again if Pakistan's stability was threatened. General Zia, in a recent interview with the London-based Daily Telegraph, suggested he would
      UPI  -  223 words
    • 555 5 Reuter DATUK Joseph Pairin Kitingan was sworn in as Sabah's Chief Minister yesterday after a twothirds majority victory for his Parti Bersatu Sabah in the state elections. PBS took 34 of the 48 Assembly seats in the state's second polls in just
      Reuter  -  555 words
  • Page 4 Advertisements
    • 54 4 ■<* r •v» ;,v>V' vffl" •c i¥ .s JALAN AHMAD IBRAHIM mff- -as Former bank premises ingrowing residential area. single-storey stand-alone building on 34,000 sq. ft. comes with private car park well-maintained and fully equipped mechanically column-free design for efficient utilisation of space Call the Corporate Real Estate Dept of
      54 words
    • 167 4 II /I II /V\/ Every Tuesday, Thursday, Saturday II \l I I |/-\Y and Sunday. Leaving Changi Airport Jy_/L V W-JL JUL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective 27/4/86. aid Yamaha One word that means a
      167 words

  • Page 5 Advertisements
    • 293 5 L ?L.L Jr. Food&Hotel AsiaB6 w k V V *r\Z 13-16 May World Trade Centre Singapore The sth South East Asian International Exhibition of Food, Drink, Hotel, Shopfitting and Catering Equipment with Salon Culinaire Hundreds of companies from2Bcountries with the latest food products, equipment.suppties and services for the toodservice and
      293 words
    • 66 5 Now it^s747s all the way to Frankfurt. V 'V >: c'.x 4 O >* ¥•*> «s*. < ft! •r- V Ba fS 5£ E£?s2* m v' ;f M W&* mm m -H JT> t *5? Lufthansa's 3 one-stop flights to Frankfurt each week will now be 7475. This means increased
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    • 2 5 LMdor, Pag*
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  • Page 5 Miscellaneous

  • BANKING AND FINANCE
    • 594 6 Some members slow in paying up subscriptions AFP THE AFRICAN Development Bank (ADB) is owed between US$l2O million and US$l3O million in unpaid subscriptions, secretary general Morisho Lyuma said on the second day of the ADB meeting in Harare. Unwilling to give the exact
      AFP  -  594 words
    • 492 6 NYT IN ANOTHER REFLECTION of the crisis in US (arming, the Farm Credit System reported on Tuesday a first-quarter IO6S of US$2O6 million, compared with a profit of $118 million a year ago. The Farm Credit system, a farmer-owned bank cooperative that is the largest
      NYT  -  492 words
    • 138 6 Reuter THE AUSTRIAN government is abolishing the controversial Zinsertragssteuer (Zest) tax on interest on deposit accounts and securities. Finance Minister Franz Vranitzky said the Zest, imposed at 7.5 per cent in January 1964 and reduced to 5 per cent in January this year, would
      Reuter  -  138 words
    • 233 6 Reuter COSTA RICA, with one of the highest per capita debts in the world, has defaulted on its commercial bank loans by failing to make an interest payment last month. Bankers said on Tuesday Costa Rica failed to make a US$l9 million interest payment
      Reuter  -  233 words
    • 61 6 Reuter FOUR MAJOR Swiss banks raised rates few customer time deposits by Vi point to 3Vj per cent, effective yesterday. The change applies to deposits of three to eight months. Deposits from nine to 12 months are unchanged at 3Vi. The banks involved are the Union Bank
      Reuter  -  61 words
    • 223 6 Reuter FEDERAL RESERVE board chairman Paul Volcker said he saw some progress among the Third World nations in resolving their international debt problems but that lenders would be "grappling with the crisis for a few more years". "There are concrete signs of quite a lot
      Reuter  -  223 words
    • 460 6 NYT UK MONEY SUPPLY has been growing faster than the target set for it by the government. The Bank of England said on Tuesday that sterling, the broad measure of money, grew in the April banking month by 3 to 3V4 per
      NYT  -  460 words
  • MONEY AND EXCHANGES
    • 579 6 SINGAPORE The US dollar closed firmer against most major currencies yesterday after moderate and cautious trading. The dollar finished firmer at 2.2045/55 marks compared with New York's 2.1915/2000, but below its high of 2.2125. The greenback closed at 166.00/10 yen, up from New York's 165.75/83 but below the
      579 words
    • 243 6 Interbank rates at 3pm yesterday: ■id Odor c r«M parity chanf* Local dollars to Ofi6 unit p4 ioragn currency: US dotar 2 2020 ***** 2 8196 -21 90 Storing pound 3 3778 3 3816 7 3469 -54 02 Ausfrcian dolor 1 6206 1 6236 ***** -52 73 NZ
      243 words
    • Article, Illustration
      130 6 THE OVERNIGHT rate on the Singapore interbank money market fell by 3/8 point from Tuesday to close at 4-3/4 per cent yesterday. The one, two and threemonth term rates remained unchanged. Mcriii Mm avaraf* of <ht print Imdhg rates af 12 maj«r kail aperatinc ta Seaport S$ Interbank
      130 words
    • 293 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Short-dates and period rates were mostly steady at the outset and remained unchanged In subsequent trading. Overnight closed at 7-1/8 7 per cent, week fixed at 7-1/19 9-15/19, one month at 7 9-7/8, two
      293 words
    • 322 6 BA Futures JUNE Kit»4»Ut opened one tick lower yesterday than Tuesday's close at 93.33 and «lipped lower to 93.31 in quiet trading. Prices eased lower to 93.30 during Liffe opening and the June contract finally closed at 93.32. Currency futures opened higher than the previous close but essed tower
      BA Futures  -  322 words
    • 258 6 HONGKONG: The metal closed easier in thin and dull trading yesterday in the absence of fresh factors. Bullion ended at U*****.90/342.40 an ounce compared with New York's $342.40/90 close and the $341.65/342.05 finish here yesterday. On the local market, gold rose HK$5.5O to close at $3,174 a tael. Krugerrand
      258 words
  • Page 6 Advertisements
    • 137 6 The man who keeps Clark Hatch Physical Fitness Gaiters in top shape. Clark Hatch. Twenty one years ago Clark wanted to start a business that would be successful, respected and the leader in its field. He put all he had, his name, on the door and his reputation on the
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  • WORLD BACKGROUND
    • 601 7 UPI PRESIDENT Reagan, ending his 13-day Journey to the East Asia, said yesterday he had accomplished everything he sought at the Tokyo economic summit and praised the leaders of the free world for agreeing to fight the "scourge of international terror".
      UPI  -  601 words
    • 581 7 Reuter PRIME MINISTER Yasuhiro Nakasone came through the Tokyo economic summit smiling bravely but with political bruises that could damage his ambition for an extended spell of power. Political analysts yesterday said he faced a rough ride from critics inside and outside the ruling Liberal
      Reuter  -  581 words
    • 873 7  -  The time has come for the North to meet the South TOKYO SUMMIT By RAY HEATH NORTH IS NORTH and South is South, and this week they have been meeting, but not each other. In Tokyo, the Group of Five rich nations, now expanded to
      873 words
  • Page 7 Advertisements
    • 696 7 THE FIAWUR OFJARVN INAGIKI ONE OF JAPAN'S FINEST RESTAI HANTS IS NOW HERE IN SINGAPORE AT TUT. WHSTIN VIA/A TO CON I INI I. ITS TRADITION OhMORI: THAN A HUNDRED WARS. IN THE EXQUISITE ART 01-JAPANESE CI IsINE HATEVER YOl R PASSION. BE IT FOR TEMPI KA. TEPPAN YAKI, SASHIMI
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  • FEATURES
    • 463 8 THE PEOPLE of Sabah have given a resounding mandate to Datuk Pairin Kitingan giving his Parti Bersatu Sabah (PBS) a clear two-thirds majority in the 48-seat State Assembly. The outcome was not surprising given the non-participation of state political stalwarts such as Tun Mustapha and Datuk
      463 words
    • 1224 8  -  The empty hotel rooms in Singapore today could be filled by attracting tourists through a highly individualistic marketing approach in particular countries, says one of the most experienced executives of the Singapore Tourist Promotion Board, Stephen Pile. By FLORENCE CHONG THE AUSSIE TWANG could be
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    • 757 8  -  By CATHERINE ARNST Reuter AFTER YEARS of promise, a handful of futuristic biotechnology companies working with some food industry giants are starting to make profits by building a better vegetable one nature never knew. Tastier tomatoes, salt- and but-ter-flavoured popcorn, fast-bloom-ing flowers and perfectly
      Reuter  -  757 words
  • Page 8 Advertisements
    • 84 8 M Vd r>v i V 1 Choose from Wjf Kampachis exquisite KAMPAwr Japanese Set Lunches Japanese Restaurant ffo. prices flud unfamiliar assortment of ]apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of fapanese lunches. Priced at only
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  • Page 8 Miscellaneous
    • 646 8 CRYPTIC PUZZLE ACROSS 1 Where, abroad, you could see us in a sari (6) 7 Military unit containing American men (8) 8 Say goodbye to an acting job (4) 10 A meths product, yet it's water! (6) 11 Work out a sum (6) 14 It's chewed in Kirkcudbright (3) 16
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    • 37 8 I'D LOVeTO U>IN Tnfe. Buying CAjEJZK Of >/£#*<?• CooTPe-TiTioM C,U)€jGJP TH6- OPPOSITIOM »S«o£ P»N«J OP»RRy OfF TH£ COVfeTfcD shield to my trophy Room tjwfcße it ujoolD h*mg Proudlv P*U)NC»SID6. my CEATJFIC_fVT<L FftOm THC. PkRTOuR muRRRy SCHOOL OF DF*rtCiNG>
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  • SPORTS
    • 117 9 AP TOP-SEEDED Chris Evert Lloyd breezed to a 6-0, 6-2 win over Anne Smith as she opened her bid for the US$l5O,OOO Virginia Slims of Houston title on Tuesday night. Playing before 3,200 fans, Evert Lloyd ripped off the first five games of the
      AP  -  117 words
    • 441 9 AP HEAVY RAINS halted Tuesday night's final first-round match in the U*****,000 Shearson Lehman Brothers Tournament of Champions after top-seeded Ivan Lendl of Czechoslovakia had a 6-3, 2-2 lead over Italy's Francesco Cancellotti. The match was to have been concluded yesterday, with the winner returning
      AP  -  441 words
    • 341 9 AP EXCITEMENT is building up in Mexico City for the 1986 soccer World Cup, with teams scheduled to arrive almost daily before the May 31 kickoff. Argentina, a traditional South American powerhouse, was the first of the 23 foreign squads to arrive.
      AP  -  341 words
    • 116 9 AFP AUSTRALIAN Greg Norman has halved the gap between himself and world golf ranking front runners Sewy Ballesteros and Bernhard Langer with his resounding victory in the 90-hole Las Vegas Invitation Tournament. In addition, his sevenstroke win opened up a lead of more
      AFP  -  116 words
    • 424 9  -  By WALTON MORAIS PRESIDENT Wee Kim Wee yesterday harked back to Singapore badminton's glory days in the late Forties and early Fifties and suggested measures "to recover our position in the badminton world". The presidential blueprint for success encompasses a wide spectrum, including schools, clubs, the business
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    • 450 9  -  By MAX COMMANDER FOOTBALL FANS in Singapore must think they are in Paradise. It might be described as an ongoing soccer riot which started this week and, according to our sports experts, is likely to continue until about the end of June. If it's not one
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  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1139 9 to em mm THURSDAY FEATURE SPECIAL Scandal Shaat 10.30pm, Chan rial 5 Fallen (Burt Lancaster), an unscrupulous publisher who runs a gossip newspaper, is bent on destroying Ben Rowan (Robert Urich), an aging actor struggling to battle the bottle and salvage his career. Rowan's wife (Lauren Hutton) wants to co-star
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  • INTERNATIONAL STOCKS
    • 310 10 Reuter SPERRY CORP may oppose a US$7O per share merger bid from Burroughs Corp and seek a partner more to its liking or attempt a takeover of Burroughs, say Wall Street arbitrageurs. Speculation about such scenarios helped propel both stocks higher on Monday. Analysts
      Reuter  -  310 words
    • 147 10 Reuter DEAK AND CO, the foreign currency and precious metals company bit by a money-laundering scandal in 1964, has emerged from bankruptcy proceedings with a new name and fresh capital. The new company, Deak International, is held primarily by Martin Properties, an Australian stock
      Reuter  -  147 words
    • 313 10 Reuter WALL STREET stocks on Tuesday resumed the downtrend that has resulted in losses in five of the previous six sessions, as the flurry of optimism surrounding the Tokyo summit faded. The Tokyo meeting spurred talk of coordinated rate cuts, but a pending
      Reuter  -  313 words
    • 132 10 MAY 06 C$ Inco 19 unch fcrtf Prov Pip# 43* 24* Iu irrfl 21* Alxttx 16 AJcon 41* 26* Algomo 17* Bank Mont 33* M«a*y Bank Novo Scotia 14* Mc Sodei 34 1* 394 26* Bp Resources 27* Moor* Cp 36* Broscan CJ A 24* 18* 19* unch h*of
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    • 210 10 Un St aat 70 MAY 06 1275 50 INDUSTRIALS MININGS A Alpha 1000 unch Abarcom 197 -3 Anglo* ***** 500 Aici Amaprop 490 unch Bhr»cxx 1675 25 200 25 AMIC ***** 100 Chart ar ***** C G Smith CNA 2850 200 50 Cora Gold 2300 1025 50 5 450
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    • 569 10 MAT 06 US$ Akon Alunwi Alcoa 30 39* unch Aleg tnti 23* Afced Sag 49* Afttd Storn 40* AfcOwtwi 4* mdi Am Bfondi knc 93 Am Con Co 72 Am Cyanonad Am Bsc Pwr 69* mh 25* -M An Exprvu Am Noma Prod Am Motors Cp Am f«l
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    • 867 10 Amsterdam MAY 0* fb ABN Aagon Ahotd Akro 565 50 +4 107 30 *2.4 79 30 31 ***** +1.3 153 30 »»Kh AMEV Amro Bonk Ah Stod Baffcot 79 90 1 9990 0.6 124.00 1 30 50 -0 5 Buahrmon Tattaroda 679 00 +7 157 50 -1.5 *****
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  • Page 10 Advertisements
    • 531 10 >)$-(?)@-*&=;"]'&+_}:*:^!+&::&" b«4« f unkai 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 +f a¥ FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel 533 3888 J m i
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    • 102 10 Stockholm iholm prices imsvsistols London stocks on Pago 15 E PERFECT COMBINATION GOOD MUSIC AND GOOD WINE GOOO FRIENDS AND LAUGHTER YOU AND YOURS AT THE LOUNGE ROSEMARIE. DAISY. MANUELJCA AND EMMANUEL WITH CHART TOPPERS. OLDIES AND ROCK N ROLL. PUT EVERYTHING INTO PERFECT COMBINATION POB A PERFECT NIGHT OUT
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  • ASIAN STOCKS
    • 346 11 HONGKONG: Stocks yesterday closed higher in moderate trading, supported by local demand for property and industrial shares. The Hang Seng Index closed 7.49 points higher at 1,865.65 and the Hong Kong Index rose 4.32 to 1,160.16. Brokers said the market lacked fresh news but sentiment was bullish on expectations
      346 words
    • 209 11 MAY 07 Al Smrt In&s MT 2 47 2420 -0 1 +03 ~5 Koin Kuochon D«v Lm Chang Yuen 1410 20 20 24 00 0.5 +0.6 0 8 30 00 04 1260 +0 2 43 80 Lnch 36 30 0 8 24 40 04 20 20 06 Om Hw
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    • 437 11 TOKYO: The market average yesterday rose 53.70 to a record close of 15,953.85, but brokers said the market trend remained unclear as investors continued to switch back and forth between domesticoriented and export-related issues. Yesterday's turnqyer was an active 740 million shares against 500 million the day before, when
      437 words
    • 37 11 MAY 07 0012 0.003 Acoje Mining Phi OvMMOl Phfex B 0 015 inch 0.1750 <001 0011 0.00! 1450 PU3T ***** •0 0002 40 -1 0003 110 ♦0.5 •0 0025 0 0625 UwpM /VSofcot m 060 Vulcan
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    • 344 11 SYDNEY: Australian share markets closed at all-time highs yesterday, buoyed by continued strong demand for quality Indus- trial stocks and particularly News Corp, brokers said. The All Ordinaries Index gained 8.6 points on Tuesday's record 1238.3 to a mark of 1247.0. The All Industrials jumped 21.2 to a record
      344 words
    • 85 11 mat 07 Won Hyundai Carat 940 -5 Hyundai Motor 2040 -1 -16 KAL 1055 Bonk bsoul Chotwung Bk 662 -15 -23 Korea First 710 -10 715 3 2265 -1? Do«*m feid 530 +5 Korea Sh*> 424 3 Doewoo Corp 875 •10 Lucky Ltd 1115 -5 Dovwoo Ind (267 -14
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    • 128 11 BANGKOK: Share prices yesterday closed slightly higher. The Securities Exchange of Thailand Index rose 0.17 point to 129.19. Turnover was 91,796 shares valued at 19.5 million baht. MAY 07 SmrmA Siam Camant 461 -2 Ao Khofn Thai Stom Citinm Map Ana Ffcr« S«om Citizen* Ayudhya inv«*tm«n* 132 inch Leowng
      128 words
    • 64 11 AFP BIDDING on the Shuikou hydroelectric power station in east China began on Monday with companies from Brazil, France, West Germany, Italy, Japan, Spain, the US and China participating. A World Bank official in Beijing said the bank was providing an initial loan of about US$2OO
      AFP  -  64 words
    • 476 11 Charges in alleged USs66.Bm bank fraud AP A BUSINESSMAN was extradited from the US to Hongkong on Tuesday to face charges in an alleged US$66.B million bank fraud. Simon Yip, 59, charged in a cheque-kiting scheme that authorities say helped lead to the collapse of
      AP  -  476 words
    • 202 11 Reuter THE NEW ZEALAND government may sell off part of its shareholding in state-owned Bank of New Zealand (BNZ) to private enterprise. Bank director Rob Campbell, who is also the Distribution Workers Union secretary and delegate to the Federation of Labour
      Reuter  -  202 words
    • 111 11 AFP THE BLUE-CHIP multinational San Miguel Corporation (SMC) is finalising the sale of its brewery in Hongkong to a rival beer producer, the company's Manila headquarters confirmed yesterday. A press statement said the company was selling all its shares in the
      AFP  -  111 words
  • Page 11 Advertisements
    • 664 11 4 J?/ i&ir.V ~F v r— cA' •©"> 'i WYour evening begins... .at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily. Enjoy one drink free with every one ordered;
      664 words
    • 171 11 •88++ (For 4 persons) ABALONE/LOBSTER Sat Menu Braieed whole abatone in oyster BraiMd tobeter in cMW uuc* Hot-plate fried chicken Sichuan style a Crab T>aat witti Tientsin c*bbag« Hot A sour soup a Silver thread roll l£fll i f 10%Mrvtoa oharg»l9% $188++ (For 10 persons) SUPERIOR SEAFOOO Set Menu e
      171 words

  • RAW MATERIALS
    • 296 12 MNQAPORE The market closed slightly higher yesterday with June One RSS buyers quoted at 114.00 cents per kg, up 0.50 cents from Tuesday's close. The morning market recorded a rise of one cent following some short-cover-ing of nearby positions in quiet trading. Prices weakened fractionally in quiet afternoon trading
      296 words
    • 288 12 RAS prices in S cants/kg, FOB in bo'es NOON CLOSE Buyers Setters Buyers Sellers krrt 1 RSS Prompt 167 50 168 SON 166 50 I67.50N Int 1 RSS June 86 165 00 165 50 164 00 164 50 krtt 1 RSS July 86 165.00 165 50 164
      288 words
    • 91 12 (centi/kg, 1-ton JUNE 86 JULY 86 (current month) (forword month) NOON NOON RAS JlBI'l Ivftn jiffn SSR 20 154 00 I56.00N 154 50 I56 50N SSR 50 151.00 153.00N 151 50 153.50N MRELB Boytffs -M- MMn Buy«u r jonon SMR CV 206 50 2I0.50N 209.50 211 50N
      91 words
    • 64 12 Robusta 20/25% FOB NSW 630 00 Nutnwg 110 FOB NSW 1422 00 BWP FOB NSW 1322 00 Gambwr FOB NSW 330.00 LondonCommodtty cio5*oo price I on May 6 (US$/lon9 touM CIF Eiropton ports, iMltss ommwk le stated) P«PfMr (Sarawak) Foq, spot 5200 Whir# foq, afloat 5200 Whitt foq
      64 words
    • 67 12 Bangkok A-1 Sp«od C-l Special C-1 Od 12j (US$/tomw, FOt) unq 1 unq White Rice Loonzam Rice 100% 1st dOM 240 100% 2nd ck»t 215 100% 1st grade una 100% 3rd class 210 100% 2nd grade 210 5% 200 100% 3rd grade unq 10% 195 15% 20% 190 180
      67 words
    • 81 12 THE PRICE OF tin «a the Kul» Lampar Tla Market (KLTM) fell eight eeats to M$l4J2 per kg yesterday as tarasver fefi to tl toaaes frsm 41 toaaes sa Taesday. Dealers said the KLTM has hecaa>e a layera' aiarfcet as udaus at* tempt to raise funds far The
      81 words
    • 184 12 MALAYSIAN crude palm oil prices saw minimal movement yesterday before closing mixed amid light covering and selling interest. Trading was again very quiet as operators adopted a cautious attitude before taking up fresh positions, and weaker overnight Chicago soyoil futures further dampened sentiment. May deliveries in the central
      184 words
    • 231 12 SOYBEAN FUTURES on the Chicago Board of Trade recouped losses in new crop months and closed mixed on Tuesday. Prices finished 1 Vt US cent a bushel lower to 3V« cents higher in uneven trade. Trade perceptions that hot, dry weather in south-eastern American growing regions could delay planting
      231 words
    • 795 12 COFFEE An unexpected limit-down in New York on Tuesday afternoon prompted a flurry of selling and pushed buyers back to the sidelines in London to leave robusta futures at 20-week second position lows, with losses from last Friday night of £106 to £115 a tonne, in a volume
      795 words
    • 228 12 WHEAT FUTURES on the Chicago Board of Trade soared after midday on local and commission house buying, nearly reaching the 20 US-cent upper limit in the May contract on Tuesday. Prices closed up 18 to 6V« cents a bushel in thin but active trade. Rumours that the US might
      228 words
  • Page 12 Advertisements
    • 147 12 fv jgL m vf HI- vjT -$.> J <*• >•?* #< A A a- Zj a- <* h» V- 4 > f*Vl a* pp*S# m££s -> y 7-yp lilji .irin V A> «j*4 site 2®£ J -i. C I*#'- v i >?, *feV WF« f >m*4 9 Si ■> fgf%»r
      147 words

  • SHARE INFORMATION
    • 4093 13 CONTINUED INTEREST in trustee stocks led the Singapore stock market to move higher yesterday for the fourth consecutive session. The BT Composite Index rose 3.24 points to 485.79 and the Straits Times Industrial Index increased by 4.62 points to 582.89. Volume was low at
      4,093 words
    • 260 13 SINGAPORE Rims hi Men May 6 May 7 C 386 48 BT CIWH'H 482.55 485.79 Nat Iron 256 15 IT Wot* *****62 *****43 Slwen-te 200 12 STOt/OS 141 90 Mm Bo> 183 II IT CADI -7413 -7396 o c c 615 10 BT 08V *****8 -*****3 SPN
      260 words
    • 2880 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 86*8 0.875) (1) 0 85* (1) 089 (5) 088 (15) 087 Alcorn (0446) Amol Stool 50« (0 596 0 60*S) (5) 061 (5) 0.60* (5) 060 B A T 22« (1 516) (3) 1 51 Soto (1666) Boostood 50«
      2,880 words
    • 124 13 HONGKONG Australian Industrials Hong Kong Index Wednesday 1160.16 Wednesday 2075.2* Tuesday 2054.0 Tuesday 1155 84 Week ogo 1994 4 Week ogo 1141.63 NEW YORK Hong Song Index Wednesday 1865 65* Tuesday 1858 16 Week ogo 1836 99 Dow Jones Tuesday 1787.95 Monday 1793.77 Week ogo 1825.89 TOKYO Stondord
      124 words
    • 258 13 Mono9*rs' prico* MARA-Bum Iputrs tor May o First B'putro 4 17 4 22 H Second B'putro 3 73 3 78 The Commerce The Savings Fund 078 060 0 83 065 Third B'putro Fourth B'putro Fifth B'putro Sixth B'putro Seventh B'putro (A) Seventh B'putro (B) Eighth B'putro 3 16
      258 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 223 14 THE SIME DARBY Bhd group has announced changes to the board of directors of certain related companies. Mr Vicente Tomas Paterno, who was recently appointed officer in charge of the PhilippinesNational Oil Company, has resigned on May 5 as a director of Sime Darby Bhd and Sime Darby
      223 words
    • 1131 14  -  By CHAN OI CHEE BACKED BY hefty cash reserves of $85 million and kept fit by a conscious cost-trimming programme, Haw Par Brothers International is all ready to take on a more aggressive role on the corporate scene. "We are intensifying our efforts to
      1,131 words
    • 287 14 YEO HIAP SENG Ltd is selling its sole property in the US for about US$4.3 million cash, and reaping a tidy profit of $1.6 million in the process. At the same time, the company is also looking for a warehouse
      287 words
    • 2643 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS Ajmomoto (3 1 OS) AMD (3 265) (1)3 28
      2,643 words
    • 593 14 PROFIT-TAKING caused the Kuala Lumpur stock market to finish on a slightly easier note yesterday. Although buyers made their presence felt in the morning session, lack of follow-through support in the late afternoon brought prices marginally lower. Trading activity continued to be centred
      593 words
    • 576 15 THE DEPRESSED tin Industry has upset Straits Trading Company Ltd's pi"« to restructure its equity holding in Malaysia Smelting Corporation Bhd (MSG) and in turn the listing of the tin smelting company on the Kuala Lumpur Stock Exchange. Disclosing this in
      576 words
    • 372 15  -  By AMY CHEOK INNOVEST BHD, currently in the process of rationalising its key engineering and food businesses, is looking at two new areas for further growth the palm oil industry and the electronics/computers/information industry. The executive chairman of Innovest, Datuk Mokhzani Abdul Rahim, hinted that
      372 words
    • LATEST RESULTS
      • 42 15 The company incurred pre-tax losses of M 5347,000 (or the half year ended Feb 28,1986, against profits of $2.55 million in the previous corresponding period. Turnover dropped to $7.1 million from |9.8 million. No interim dividend has been declared.
        42 words
      • 84 15 Formerly known as Malaysia American Assurance, the company reported pre-tax profits of $1.1 million for the year ended Dec 31, 1965, an increase of 35 per cent from 1785,000 previously. Total income less expenses and provisions grew by 22 per cent to $12 million from $9.9
        84 words
    • 680 15  -  By LORETTA McLAUGHLAN FOOD GROUP Cold Storage Holdings PLC Is bracing Itself (or a contraction In earnings in the current financial year. According to chairman Lim Kee Ming in his latest annual statement, it would be unrealistic to expect profit growth this
      680 words
    • 345 15  -  By HOMER CHEN INDUSTRIAL A COMMERCIAL Bank Ltd has turned in the worst fiscal 1965 results among the six locally listed banks. For the year ended Dec 31, 1965, ICB's group net profits tumbled 55 per cent to f8.70 million from $19.34
      345 words
    • 495 15 ROTHMANS of Pall Mall (Malaysia) Bhd has won the approval of the Ministry of Trade and Industry, the Foreign Investment Committee and the Capital Issues Committee to go ahead with its novel restructuring scheme first announced in October last year. The proposed scheme breaks new ground in
      495 words
    • 811 15 SHARES opened easier yesterday after Wall Street's lower close overnight deterred early interest, dealers said. Subsequent news of a rights issue from Harris Queensway and reports of a large share placing helped to send equities lower. At 0830 GMT, the FTSE 100 Index was down 4.4 to 1631.8.
      811 words
  • Page 14 Advertisements
    • 312 14 NOTICES PROPOSAL TO SHIP'S NAME We, Coastal Bunkering Services Pte Ltd, of 34, Middle Road, Singapore 0718, hereby give notice that In consequence of the proposed change of name of the vessel 'HAKURYO MARU NO 15' we have applied to the Registrar of Singapore Ships under section 417 of the
      312 words
    • 304 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND COMPACTING EQUIPMENT (SINGAPORE) PTE LTD (la Members' Vdutary NOTICE OP SPECIAL RESOLUTION (Piriuit to SeettM 2M(2)(b) At an Extraordinary General Meeting of the company held at 209 Pandan Gardens Singapore 2260 on 29 April 1986, the following Special Resolution was
      304 words
    • 278 14 PTE LTD. (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 185) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the Liquidators, 2 Flnlayson Green #09-11, Asia Insurance
      278 words
    • 233 14 NOTICE NOTICE IS HEREBY GIVEN that, I Loh Seu Wan of Blk. 728 Yishun St 71 #08-145 Singapore 2776, have applied for a Retail Beer Shop licence in respect of premises at M/s Yishun Supermarket Blk 729 Yishun St 71 #01-123 Singapore 2776, and that this application will be heard
      233 words
    • 246 14 NOTICE NOTICE IS HEREBY GIVEN that, I Yap Sor Khim of Blk 9 St Georges Road #08-270 Singapore 1232, have applied for a First Class Beer House licence in respect of premises at M/s Sin Hoi Sai Eating House 187, East Coast Road Singapore 1542, and that this application will
      246 words

  • Page 15 Advertisements
    • 307 15 IF YOU WANT TO GET AHEAD, START BY KEEPING lIP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every business
      307 words

  • 544 16  -  Two separate plans to recreate famous watering hole By JAIME LYE BUGIS STREET is dead. Long live Bugis Street both of them. For the newly-docked sailor staggering about at three o'clock in the morning in search of just one more "one for the road", double
    544 words
  • 189 16 AFP OIL REFINING capacity in the 12-nation European Community will decline further by 1990 from 615 million tonnes a year last Dec 31,' EC Commission experts said in Brussels yesterday. In a report for discussion by Energy Ministers on June 3, the Commission
    AFP  -  189 words
  • 530 16  -  By LOH HUI YIN ASEAN will get a first-hand briefing today on the just-con-cluded Tokyo economic summit when the US Under-Secretary of State for Economic Affairs, Mr Allen Wallis, attends the USAsean dialogue. There will also be a videotaped briefing on the summit
    530 words
  • 461 16  -  By JEFFREY TSANG IN A MOVE which is expected to reduce the incidence of car hire purchase fraud, the Registry of Vehicles is to authorise finance companies to collect road taxes from next month. The recent decision by Malaysian authorities to abolish the
    461 words
  • 289 16 THE CLOSURE of the 15 MRCS (Multi-Revenue Collection System) centres at the end of the year will leave a big gap in the Registry of Vehicles system of road tax renewals. Even with the addition of 12 finance companies as collection centres
    289 words
  • 56 16 COMEX GOLD FUTURES, after a lower opening, steadied on scattered buying linked to firmness in crude oil futures on the New York Mercantile Exchange yesterday. Silver futures rose 3.5 to 2.5 cents on buying. Spot silver gained 3.0 cents at $5.22 an ounce. The leading July
    56 words
  • 69 16 Reuter BANGLADESH yesterday held its first parliamentary election since 1979 amid widespread charges of fraud, voter intimidation and violence mainly favouring the governmentbacked Jatiya Party. At least six opposition party workers were killed. Vans, some festooned with Jatiya Party posters and full of men wielding field hockey sticks
    Reuter  -  69 words
  • 61 16 Reuter WALL STREET stocks slid from a milder opening loss yesterday on concern over rising interest rates A Bank of Japan governor's statement that he expected no immediate discount rate cut contributed to bearishness. The Dow Jones Industrial Average fell nine points to 1779. Declines led advances
    Reuter  -  61 words
  • 65 16 Reuter RECLUSIVE mega-star Michael Jackson, who in 1964 was paid about US$5 million for two commercials that boosted PepsiCola US sales by 4 per cent, will be paid between $5 million and $15 million for three new television commercials. Pepsi-Cola president Roger Enrico made the
    Reuter  -  65 words
  • 370 16 FOUR MANAGEMENT consultant firms have been hired to help reduce staffing in Singapore's civil service, emulating a programme that saved the British Exchequer almost $1 billion a year. The Working Group on Public Sector Manpower has appointed Arthur Young, Booz-Allen A Hamilton, Peat Marwick,
    370 words
  • 169 16 Reuter THE THAI government will negotiate with local and foreign financial institutions over the sale of equity in some state-owned finance companies. A Finance Ministry official said up to five financially sound companies would be offered to their former shareholders for re-acquisition
    Reuter  -  169 words
  • 261 16 AP AN AMERICAN Court of Appeals panel has ruled that goods made by foreign companies, although bearing trademarks which are licensed by US companies, should not be brought into the country. The decision by the threeJudge panel in the District of Columbia
    AP  -  261 words
  • LATE FILE
    • 44 16 UPI TWO ARABS one of whom is suspected in the bombing of the La Belle Disco confessed they obtained explosives from the Syrian Embassy in East Berlin to carry out an earlier attack, said German authorities yesterday. UPI
      UPI  -  44 words
    • 33 16 UPI AMERICAN Defence Secretary Caspar Weinberger and China's military Chief of Staff, General Tang Dezhi, yesterday discussed the possibility of China's purchasing an anti-submarine torpedo, said the Pentagon.
      UPI  -  33 words
    • 45 16 UPI PRESIDENT Corason Aquino and her Cabinet yesterday debated US suggestions that deposed ruler Ferdinand Marcos be allowed to settle in a third country, but the general consensus wo to keep his wings clipped in Hawaii, said officials in Manila. UPI
      UPI  -  45 words
    • 36 16 UPI FRANCE exploded a pm" underground nuclear bomb yesterday at its Mururoa Atoll test site in the South Pacific its second such test in 10 days, said the New Zealand government UPI
      UPI  -  36 words
    • 47 16 AP IRAQI warplanes bOmbed downtown Teheran yesterday, starting a huge Ore, and also hit the towns of Marivan and Baneh in north-western Iran, said Iran's official Islamic Republic News Agency. Iraq, on its part, denied hitting anything but military targets. AP
      AP  -  47 words
    • 31 16 AFP THE SITUATION at Chernobyl is still "worrying" because after-effects of the nuclear accident have not yet cleared up, said Kremlin spokesman Vadim Zaglartin yesterday. AFP
      AFP  -  31 words
    • 23 16 AFP BELGIUM yesterday cut its bank rate one quarter-point from 8.75 to 8.5 per cent, effective today. AFP
      AFP  -  23 words
    • 28 16 Reuter THE REAGAN Administration is considering unprecedented criminal prosecution of five major newspapers and mags Tines for publishing data about intercepted communications. Reuter
      Reuter  -  28 words
  • Page 16 Advertisements
    • 154 16 Lower oil prices bolster growth, Pago 4 Computer Charting Service for Local Stock Market Analysis Join the major brokerage firms, banks and diversified institutions in subscnbfflg to the most advanced Computer Charting Service for investment analysis and decisoa-maJung CHARTAMATIC is an indispensable software tool for conducting technical analysis to support
      154 words
    • 6 16 Calling in tha professionals, Pago 2
      6 words
    • 7 16 Whan shall tha twain maat? Paga 7
      7 words
    • 272 16 Under the current difficult economic conditions, the business arena has become a fierce battleground. Where survival is the name of the game. And it's the survival of only the fittest. How? 1 Firstly, CI ff get yourself a posh I office. One with an SUJT impressive reception area to match.
      272 words
  • Page 16 Miscellaneous
    • 56 16 ■Outlook for today: Showors ovor o tow oroos in tho late mormnQ. Rtport for 24 hours prior to 7.30pm on May 7 at tHo airport: Maximum tomporaturo 32.0 Associated I—Mh 67 27.5 ..87 8.05 nil 86.7 5 Associated humidity Hours of sunshflM tjiiwfnH m milliiinti n UwITU*V wl vVMIWVIVTrv# Roinfoll
      56 words

  • SHIPPING TIMES
    • 151 17 Reuter DOCKWORKERS yesterday voted to end a strike which has paralysed the Port of Sydney since April 30, a maritime services board, spokesman said. Cargo handling resumed later in the day and the loading of four coal carriers at the Balmain coal loader began last
      Reuter  -  151 words
    • 93 17 Reuter THE PORT OF Zhanjiang in China's southern Guangdong province is increasing its annual cargo handling capacity to 16 million tonnes from its current 12.3 million tonnes, the China Daily said. The paper said the expansion entails the construction of five deep-water wharves, including one for
      Reuter  -  93 words
    • 397 17 SHIP CHANDLERS and shipyards have elbowed their way into what is considered to be the domain of shipping agents. Some ship chandlers are prepared to handle tramp ships for free in order to secure contracts to supply these ships. Some yards are
      397 words
    • 375 17 EXPERTS FROM shippers councils in the region and Escap sat down yesterday to work out the framework for the formation of a super grouping. At a press briefing before the commencement of the three-day meeting, Mr PK Lim, senior economic affairs officer
      375 words
    • 208 17 Reuter DETERIORATING shipping services will be discussed in forthcoming negotiations between wool shippers and the Australia to Europe Shipping Conference, Australian Wool Corp, AWC, industry services manager Bob Quirk said. Talks will begin next week to review rates and services for the third year
      Reuter  -  208 words
    • PORTSIDES
      • 95 17 Reuter THE EAST CENTRAL Chinese port of Lianyungang plans to spend 870 million yuan on building 11 deepsea berths over the next five years to treble cargo handling capacity to 20 million tonnes a year by 1990, the China Daily said. It said two
        Reuter  -  95 words
    • 1263 18 FAIRLY active time-char-ter business is reported on the freight market on Tuesday while iron ore shippers also showed more interest, shipbrokers said. A 38,000 tonner was fixad (or a time-charter trip from South Australia to Bangkok-Singapore range at US$4,BOO daily while $3,100 daily was paid for a 39,000
      1,263 words
    • 1311 18 The 1983 amendments to the International Convention lor the Safety of Life at Sea 1974 will enter into force on July 1. Many new measures have been introduced, including requirements concerning the carriage of immersion suits. Some companies have already provided
      1,311 words
    • 296 18 ARGENTINA April 21 Buenos Aires No operation. AUSTRALIA April 21. Sydney 5 vessels operating. Melbourne Normal operation. BANGLADESH April 21 Chalna —10 vessels operating. Chittagong 20 vessels operating. BRAZN. April 21 Santos Waiting time of up to 4 days for bulkers. CAMEROON April 21 Douala Normal operation. CANADA
      296 words
    • 181 18 THE NUMBER OF major oil spills is declining, and the industry believes that this is the result of international efforts to improve tanker operations. According to the International Tanker Owners Pollution Federation, incidents of spills have been falling by as much as
      181 words
    • 635 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL II 2/3 ASCL III 1 Bolt-Canada Line VI 4/5 Bolt-Orient Line VI 4/5 Bank Line V 5 B8S 1 4/5 Ben Line Cont
      635 words
    • 210 19 Seatrade Week FUGITIVE SUGAR baron Roberto Benedicto left behind unpaid shipping debts of staggering proportions. Benedicto owes the Development Bank of the Philippines (DBP) more than 1.7 billion pesos (US$B3 million) and is heavily indebted to National Investment Development Corp, which guaranteed 20 per cent
      Seatrade Week  -  210 words
    • 315 19  -  By Kingsley Wood THE FORMATION of a Maritime Industry Development Committee to decide the future shape and operational standards of Australian shipping is widely regarded as the most positive step yet taken to come to grips with the problems of the industry. Transport
      315 words
    • 139 19 THE LONDON-BASED Baltic International Freight Futures Exchange (Biffex) traded US$627 million worth of dry cargo contracts during its first full year. Lloyd's List reports that since the launch of the dry cargo contract a total of 74,610 contracts have been traded. Final trading in the
      139 words
    • 732 19 AFP REPORTS of Soviet activity in the time-charter sector provided the only feature in persistently dull conditions on the freight market over the past week. The Chernobyl nuclear disaster prompted speculation that Soviet imports of grain and sugar would increase to compensate for radiation damage to domestic crops.
      AFP  -  732 words
    • 191 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. I Orient Overseas Container Line. Cho Yang shipping. ANRO (BTRAITB/ AUSTRALIA): Australian National Line. Australia/Straits Container
      191 words
    • 120 19 UPI A FERRYBOAT crossing the Ganges river capsized in strong winds and current, killing at leasts people, the Press Trust of India said on Wednesday. Some passengers in a musical band survived by clinging to drums. The news agency quoted officials as saying the strong current and wind
      UPI  -  120 words
    • 436 20 May 13-15 Bulk Asia 86, Ist Afcian bulk transport hanct&Dg conference, organised by Lloyd's of London Press and Business Motivation Seminars, Royal Orchid Sheraton Hotel, Bangkok, Thailand. May 13-15 Ro-Ro Conference and Exhibition in Gothenburg. The conference will have a session devoted to ro-ro railships. More details can
      436 words
    • 7082 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,082 words
    • 724 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 Ratu Konsort 189N 08.5.86 2300 S'pore Sbpg F1 1400-1500 N2 Jocek Malcze 07 085.86 1600 Baltic FE F1 0700-0800 P5 Goo Cheng 10 08.5.86 1700
      724 words
    • 1675 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top inttrpisM Ltd Some CS) At Shipping Bousteod Shpg Agencies Aln Lmm African Shpg Ajenti»» (S) Ahrenkiet Lmtf Kim Shpg (S) Alfred C Toepfer Oceonus Sh*>pmgAgencies (S) Muh<>ort Sdn Bhd (PK) Amtrtcwi President
      1,675 words
    • 645 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Jenhot Jens on Koto Tmur Mizoram Ned S'pore Seven Seos Trons Fjord Clydebonk Hoe gh Mary L PetaSna 2 N Amersfoort T aofcn Thorrtasevereft Tocho Maru KI8 K22 K23 K31 KI6 KI2 K34 K9 K35 K17 K19 KI2 KI5
      645 words
  • Page 17 Advertisements
    • 780 17 The Time Manager Seminar For more details call *****00 OOCL i Cttteumi Ume lAROSE SHTfWG AGENCES (Reg Na. 2*2*4/ 00K) 70 Slwnton Way *04-03 Marina Hone Singapore 0207 Tel *****11 TELEX M 0 RS ***** CfS OfflCE TPC #***** Tel *****31 and *****32 Terminal oMce TPC #03 030 Tel *****90/*****93/*****01
      780 words
    • 70 17 SHIPOWNERS WANT more protection for vessels in the Gulf where crews ore becoming "cannon fodder" for worring Iran and Iraq. Pag* II TUMBLING rotes look set to moke 1986 a record year for dry bulk carrier scrapping. Paga 111 Index to odvertisers II Shipping Schedules IV Shipping events II Container
      70 words
    • 1038 17 t? I THE HEART OFTHE mWV MAERSK LINE Voy S" pora EXPORT TO USA. EUROPE. CY 12/5 ISOO MS CFS 11/5 2300 MB c i.ito.n;., US Gi.it US LGB OAK EAST. WEST AFRICA ft ASM A Saappon Qmmi Tan CY 17/5 1500 MB CfS -11/5 2300 MB rifniT Qom Tan
      1,038 words

  • Page 18 Advertisements
    • 334 18 HE Pacific North Wast Faador at Kao Pacific South Waat Faodar at Kao I rm TIHM i I'MB'.wiifTM i, 'am irarin YAMASHITA-SHINNIHON LINE TRANS-PACIFIC BERVICEB Atlantic/Canada Faodor at Kotoo uL'-JEILU v W7M mm ■'/■FMI7M mrmm *JLt IY-A-. v: l.Ti M.~7 MIDDLE EAST Full Container Service (A member of Oasis Consortium)
      334 words
    • 245 18 11-I°' Supercarrier Service Mm act** cm+i tm Ma (MLB). J Fwdm. CMtmL SWta m 4 %m OMfa Mi L AafMn. TO: CARIBBEAN CENTRAL AMERICA CJMKJM Arab*. Curacao Bndfrtotm Ptakpsbvri Port ot Sow Hamitofl Mplon St Mm. Basse fort. Castries. Fort France Point A Pit re Part a* Prince Nassau F
      245 words

  • Page 19 Advertisements
    • 915 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd Overseas Containers Limited J contmoshp to/from STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok B CONTAINERSHIP SERVICE TO UK 'CONTINENT stM trwt 31/5 02/1 10/1 12/1 17/ C 19/0 24/1 20/0 •1/7 03/7 M/ 7 11/7 17/7 U/7 25/7
      915 words
    • 641 19 Franco Belgian Services ir I (r, n. >.r< >. iih 11. li:<.in I,r I .«f. rn Im< (MEMBER OF ACE CONSORTIUM) ST« PJELMB Li Mm Ita f Zkmt Ma BUma M bM (HllqlXlb! Sbr )llb| 11 IB 13 Im fMB Mm Hte| rHm» t m UNM* sroi JUS mpq n
      641 words

  • Page 20 Advertisements
    • 419 20 FULLY CONTAINERISED SERVICE TO FIJROPE VIA SUFZ Member ot the Ace Consoiliuni C. R. TOKYO 4* Ci. PMB Ml ItHiwt ften Film HW| Mwrp 2 6 3 6 5 6 7/6 10/6 9/6 10/6 12/6 14/6 17/6 16/6 17/6 19/6 21/6 24/6 23/6 24/6 26/6 28/6 1/7 f 111 I
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    • 636 20 HL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines* TLX RS ***** RS ***** ft t 1 AS I I RN \K I I Nil K. Ill) Specialist in RO/RO Servic Accepting heavyKfts upto 80 K/Tons Saints from Japan S'P« PKdM| Ivda* SHI PUCOTI h tat May tmu
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    • 992 20 Full Container Service cm GOME eki una no an no Govon [*t aorr twi orrtD Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) set mg rsg rig ns osr no km cms ntc rri mg fei ror ami im sm h« 12/5 13/5 15/5 lt/5 24/5 21/5 5/4 13/4 15/4 17/4 27/* 29/« 34/t
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  • Page 21 Advertisements
    • 765 21 v\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 1 FAR EAST CONTAINER SERVICE VESSEL KOTA SINGA MAJAPAHIT OOWA SIN JKT SBY SIN HKO KAO *TCH KEE MIS *MUR *MTC YOK KOB KEE 9/5 12/5 U/5 21/5 23/5 24/5 25/5 27/5 30/5 1/S 2/S 4/0
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    • 136 21 THONG SOON AGENCIES PTE. LTD #09-07. Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT K. Kmabalu K. Kmabalu Labuan SINGAPORE TO BRUNEI lit SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Agents: laiftok:
      136 words
    • 796 21 BEN LINE CONTAINERS TO UK/CONTMNT HMI HMVDI RDM! NAVK i/» vi U/C 11/ i 14/1 li/l is/c a/i 21/1 21/1 »/i 27/1 a/i JO/t 1/7 4/7 V 7 7/7 11/7 11/7 11/7 15/7 M/ 7 W/7 a/7 a/7 a/7 a/7 a/7 11/7 VI i/l I/I l/l 11/1 11/1 14/1 11/
      796 words
    • 467 21 EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pwt Br—»n A'4an/t'4an Kto| tJ. BONTMC n-m ki ft/K.33 11/ C 13/ C 19/9 'OCEAN PRBM' M B HO/5 9/9 9/1 13/6 •A KSSO. 112/5 11/ C 13/ C 19/9 fiws Ukat Lt MsvwLAi tANDABNAKTT Vl5-NB 4-7/$ 5/7 12/7 15/7 17/7 11/7 22/7
      467 words
    • 359 21 BOUSTEAD SHIPPING AGENCIES Pafan VSSW BURMA FIVE STAR (Burmese National Line) Loadmg for Ranfoon S pore N 10/11 Hay (P Gudam) 12/14 May (P. Sudani) Paan V9SW V 4 14/11 May BANK LINE NORTMOUNDTOUKC SPORE ROAM THALASSVV MMM 13/5 10/fi MEADONBANK VION 14/5 9/6 TMMITM SAMOA V 7 21/5 14/4
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  • Page 22 Advertisements
    • 1161 22 i.l fJ-3 /CHILI Mona m MAUI CO *0721 [j K LINE KAWASAKI KISEN KAISHA. LTD.— store nac pnc store koh guayaqur cauao arka kjuqu aeacasta s antok>*ai.pa«abo 13 May UMy IS May 17 My Ik* M 15 M KM 17 M DM TAIWAN-JAPAN-CHINA-MANILA MAMA STORE I*l6 PCNANG STORE MAM. A
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    • 687 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* feeder PManj CAIABMvn 13 MUy ESTECIIPttR V 4 ?t May CALABAR V 26 IS tun tSTECLIPPM V 5 1 tun lme< Vnstt Spun KABWQAS *2« 20 May RAAKMS V 23 1? tun CHANMKSV2O 2M RAVCAS V 3? (M MHt Frt» 4 tun 13
      687 words
    • 457 22 GOLDEN LINE GUM) GUM SWTMG (Pit) LID 21 T«M »tm4 smuem oim m u*im <ii iao> STRAITS/PERSIAN GULF SERVICE: GOUKN KM Cotanto/H»»cfc/fttoi/Oota/B*f«» U/12 Mn COLDER Htm <*o«*o.'toada/Beato/Mai ?V» My CHINA OCEAN StfIPPVIG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA 11/5 14/5 Mtwfcm/Hwhn Aaaam Fa c*|* h Ma GUAN GUAN SHIPPING
      457 words
    • 428 22 INTRASEA (PTE) LTD. 10 Anson Mond sJ 7 16 P •>: <* OJO7 Tel 22-16S11 1 •i. BREAKBULK SERVICE TO EUROPE./UK k"h Ihppn RTMSI (fit) lIP PHILITRON SHIPPING AGENCIES PTE LTD TFt ??38fc?2 (8 UNF Si TEI F X RS ?87?0 PHII I ■mi ia t Fa n* rrm 11/5
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  • Page 23 Advertisements
    • 694 23 S P.. NEPTUf AGENCfS PIE. LID ;t 7 h M»«Mct i«M cn noucs irntv n m/*bt im/sa M> 27M977 M ***** *****53 «MKT MO *****53 *****42 Y W 1U» HARPER MRA SON BHD 2J6IM \rSk 111 HARPER MM SON OM> ****** H_ r. tor, HARPER MUSMM K47Z? r— 1 H
      694 words
    • 360 23 Donam HEUNC-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON S««t Ik f Oouai tO4N b Nrl lb I Oaum/UM lt/5 Enttra towt/M2N 17/5 lb 1 Ooum/tMN 25/5 lb 7 Dmm/MH 24/5 lb I Omi/WM 7/1 Hi I Omm/MMM lt/t lb 7 OnM/tOW 11/ I
      360 words
    • 469 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Seaport 0104 Telephone Nunben *****33 (15 Lews) Cable Address SMSOV SMGAPORE Telei Nunbers RS ***** RS ***** RS ***** P. KELANG PEMNC M/SSHAMKAT NAN SOON SDN MO. IST AND 2ND FLOOR. MESSRS HM THONG SMPPM 127 SiiWBTM -g-JRffi'W
      469 words
    • 76 23 K&S LINE JAPAN STRAITS SE RVICE SANKYO LINE (S) PTE. LTD. 37 SomerMt Road #06-01 Ng Tsow Bldg S'por* 0923 T#l 235 8444 (4 lln*«| Pi t Manj lifj Prn. Shipping Sdn Hhd T»l 03 itOO/4 Pcnang <V K Inmpo-* ltd Id MM7B9) Pjs« Gudanj M-Uyujn Shipping Afrnc»s Sfln Bh.'
      76 words

  • Page 24 Advertisements
    • 344 24 REGIONAL CONTAINER LINES EIMoZH In PI Sat/Sw 110-11/5 11/5 m ll't.'.'A iII'BUM TO BANGKOK (4 WEEKLY SAILINGS) vcssa CDGMI JCZEZIE2I2I IIP! ~BFb'.vmi'3»/fi ■■■in [^□1153 |dZIEE3 IG2ESEESI jnn ESQ |CSi3E223 TO SOUTH THAILAND SONGKLA KIJHI hi/ y csi MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTNKHTLY TO BELAWAN ll
      344 words
  • Page 24 Miscellaneous
    • 169 24 Regional Weather "S y \'S, m r, s iv\ A > 2E M ■fc^SIS t < odT—-c. X N SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wmd direction with speed m knots Wave height LEGEND: R Thunderstorm Temperature c X\ TJ Shower Weather Wmd direction with speed
      169 words

  • Page 25 Advertisements
    • 85 25 242S0SS/*****5C/2424M5/*****93 *****1/4 TEJMNAI 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SKI/2211C1/*****5 FAR EAST/EUROPE CONTAINER SERVICE EiaiPTi jUiMm E23E31E3 1.1 it .-.-Mimrrf rm 11'./ 11 T-^ityry CTligii i l l^1 ■m(U|nT» ALSO ACCEPT* FOR moor. L HMK. UK. MBEM, COPOMMEM, OSIO «L» ttttFT* FROM EUROPE: wm. cot, uk. ahhop, oao. cfm, mrhus n C FTII6
      85 words
    • 138 25 jfs INTERNATIONAL TRANSOCEAN (M) SDN. BHD inert it [Jtv(in >r ."A-M Ou.i v i?n<l tl' 1 T' MA 10 rlO T F'H i COLUMBUS LINE REFDEREI GMBH 'A M(.. if f Of HAWHI >(•" Sl)[ FXPRFSS SfMl CONIAINf R SERVICE 10 Oncral «ppnts Sf Al lON SHIPPING tSt PTI lIP
      138 words
    • 82 25 }@+].$_\&`(-[[>>,)[/_@^`^{&/~=. Scan Dutch V IfIBMHWnnBHHHni TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDMAVIA) S) GRANGEMOUTH (SCOTLAND) TO RED SEA-MEDITERRANEAN TO HONG KONG-TAIWAN-JAPAN-CHINA* FEEDER VESSEL PENANQ FROM EUROPE 1) G*BURG 2) H'BURQ Mm/IM 12/4 N D*M/145 11/4 a. imk/in x/ 4 %*m*/115 J/5 Tvtm/IK l|/5 A NMfeMi/2t5 17/5 3) S HAKEN FROM JAPAN-TAIWAN-HONG KONG FROM
      82 words

  • Page 26 Advertisements
    • 323 26 os >^/Vy HI Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER CONTINENTAL PARTNER 9 May Mombasa. Daressalaam. Tanga NEDLLOYD MOJi 15 May Mombasa. Daressalaam AFRICA MARU 26 May Port Louis. Reunion EARNEST VENTURE 12 May P. Noire. Abidjan. Apapa. Port Harcourt. Lome. Tema AFRICA'S N °l OSAKA MARU HAYAKAWA MARU S.A. VAAL
      323 words