The Business Times, 13 May 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, MAY IS, 198« 75 CENTS
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  • 823 1  -  Proposal for a revitalised market By SOH TIANG KENG, Financial Correspondent AS PART of a plan to add a major new arm to Singapore's securities markets, $38 billion of Government bonds and bills could be issued over the
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  • 301 1 THE ROLE OF Singapore's discount houses, moulded in the London tradition, will be greatly reduced when Singapore's newlook government securities market takes off at the end of this year. A spokesman from the Monetary Authority of Singapore said the discount houses
    301 words
  • Article, Illustration
    94 1 SHARE PRICES M a* their beat Imh sf the day yesterday, thaaks to grswlag latoreat la tiaa toe stocks. Galas were aeea la BMat sectors sf the market aa rlsiag laaaea i—k a twa-to-*ae lead aver falttag Issaea. The Straits Times Mistrial laiex eaatlaaed Hi week sM rise,
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  • 328 1 Reuter INDONESIA will double the areas open for foreign investment and take as flexible an attitude as possible to stimulate overseas business interest. Ginanjar Kartasasmita, the chairman of the Investment Coordinating Board, BKPM, said in Jakarta yesterday that a new investment package announced last week
    Reuter  -  328 words
  • 114 1 UPI FORMER ISRAELI Defence Minister Moshe Arena said in Tokyo yesterday that Israel was discussing possible cooperation with Japan in defence-related technology, including Japanese plans to build a new fighter plane. "We know specifically that Japan is in the process of examining the
    UPI  -  114 words
  • 562 1  -  By LOH HUI YIN in Tokyo SINGAPORE must emulate the example of Japan where productivity growth in the last decade was an annual 4.5 per cent, outstripping real wage increases of only 1.5 per cent each year. "In this way, Japan has continually
    562 words
  • Page 1 Advertisements
    • 52 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Seating Systems to help you stay fit CPC 5500 A with black leather or fabric covering V FunrjrrußE pte. Ltd. Head Office: 1 Too flayoh Industrial Park '01-1387 Singapore 1231 Tel *****42 (4 lines) Showroom: 1 Maritime Sauare '02-68'9, World Trade Centre Singapore 0409
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    • 235 1 mm OUR VIEW THE BUDGET announced in March was swiftly followed by a measurable increase in business confidence in Singapore. While the two events were not unconnected, any underlying recovery indicated in the latest quarterly survey of business expectations can be equally credited to external and internal foctors. But the
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    • 0 1 >?'!}+(!'[><;@'}!}+./"@-:/=:|~^
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    • 164 1 ri Ikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM 11, n lla AnracTing Jipintii investors, Beck Ptjt Shipping Timoa ookim m a —parata taction today. AAaka aura you got your copy. u Schiphol is a hospitable transitpomt. u One would like to spend ones holiday N From Schiphol you can fly to
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  • HOME NEWS
    • 362 2  -  By LISA LEE A RECENT construction mission to China organised by the Trade Development Board and the Construction Industry Development Board has resulted in seven potential projects for the industry. Letters-of-intent, mainly for hotel projects, were signed between local companies and their Chinese
      362 words
    • 242 2 THE Ayer Raja Crescent and Gul Drive operations of Matsushita Electric Motor are now housed under one roof with the company's shift to its $30 million factory in Pandan Gardens yesterday. The new factory will allow the company, previously known as Matsushita Precision
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    • 447 2  -  By MONICA GWEE ONE OF THE biggest advertising accounts in Singapore might soon be open to pitches if the proposed worldwide merger of advertising agencies Saatchi k Saatchi Compton and Ted Bates Ltd is finalised. But local representatives of the two companies
      447 words
    • 86 2 TESTS for nuclear contamination of food products imported from countries hit by the radioactive fallout of the Chernobyl reactor in the Soviet Union have the support of the Consumers' Association of Singapore. In a statement yesterday, Case said it supported the Envi- ronment Ministry's efforts to
      86 words
    • 502 2  -  By SAID ABDULLAH TOTAL UK investments in Singapore amounted to $1.8 billion, making it the third largest investor last year after the US and Japan. Britain was the second leading investor in the manufacturing sector in 1961 after the US but it had since
      502 words
    • 284 2 A SCHEME to help new entrepreneurs set up their own businesses has been set up by the Rotary Club of Singapore. The club is paying attention to the small entrepreneurs because it feds that they have a niche to fill in manufacturing. Rotarian Dr
      284 words
    • 364 3  -  By SHAHRIR ARIFF AN |8 MILLION contract to convert a supertanker into a floating storage and offloading facility (FSO) has been clinched by Sembawang Shipyard. The Job requires the shipyard to fabricate and install a helideck, tanks heating coils, a hose storage
      364 words
    • 206 3  -  By MARTIN SOONG A SPECIAL ENVOY from Japan will arrive on Thursday to debrief the Singapore government on last week's Tokyo summit meeting of the world's seven leading industrialised nations. Plans are being finalised for the Japanese Deputy Foreign Minister, Shinichi Yanai, to meet
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    • 334 3  -  By BRIAN GOMEZ A SECOND VENTURE capital programme with funds amounting to US$3O million is being finalised in Singapore, a tax consultant disclosed at a seminar yesterday. The new venture capital operation, which will be about five times the size of the pioneering
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    • 286 3 KATO SPRING Singapore, which makes wire springs for the electrical, electronic and optical industries, will invest more than $2 million to manufacture a new product a he-lically-coiled insert. Introducing the new item on the production line is part of an aggressive expansion programme launched
      286 words
    • 444 3  -  By LISA LEE AN ANNUAL TURNOVER target of $40 million a year has been set by the man who is reviving the Lamipak brand of plastic products. Lamipak Plastic Manufacturers (1986) Pte
      444 words
    • 252 3 A NEW special interest group has been set up by the Singapore Microcomputer Society to cater for the growing interest among its members in artificial intelligence. Computers have traditionally been considered as "mindless" machines whose strength is in their ability to perform numerous mathematical
      252 words
    • 153 3 CHLORIDE BATTERIES S£* Asia has pumped Hmillion info! its manufacturing facilities t» turn out new-generation car bat- teries. I*! The company, a subsidiary <4; UK-based battel giant Chloridf Group, has also increased its' production capacity to one mfln* lion units per year. The bulk of
      153 words
    • 444 3 THE LONDON to Singapore charter flight service by London Express Aviation (LEA) is expected to begin on Oct 24 this year after several delays. P R Gopal, the managing director of Orient Explorer (S) Pte Ltd, LEA's handling agent here,
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    • 345 3 WHEN A multi-national company decides on its regional headquarters, a major priority is location or proximity to major and problem markets. Which is why Hongkong has so far attracted more MNCs than Singapore, according to Chris Robinson, the director of Business
      345 words
    • 132 3 7-ELEVEN is adding two more stores to its chain this week, bringing to six the total number of convenience stores opened in Singapore this year by franchise owner Jardine Matheson Holdings. Wong Seng Hung, the general manager of Jardine Mathe- son Holdings,
      132 words
  • Page 2 Advertisements
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      113 words
    • 11 2 Saatchi to buy Bataa in biggaat ad dtai tvtf, Paga 10
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  • OVERSEAS
    • 373 4 Japanese premier blamed for failing to check yen's rise UPI THE LEADER of a major opposition party in Japan yesterday demanded that Prime Minister Yasuhiro Nakasone step down to assume responsibility (or the yen's unchecked rise against the US dollar. Yoshikatsu Takeiri, the chairman of Japan's
      UPI  -  373 words
    • 109 4 UPI PACED BY record sales to the US, Japan's trade surplus in April hit a monthly high of US$6.B3 billion. The Finance Ministry, in a preliminary report, said yesterday that exports on the customs clearance basis rose 19.3 per cent over a year ago to
      UPI  -  109 words
    • 338 4 AFP PHILIPPINE economic officials have pressed (or a case-to-case review of foreign loans to uncover suspected anomalies. In a press forum in Manila yesterday, US and Filipino business figures expressed continued confidence in President Corazon Aquino's government and praised its initial moves toward
      AFP  -  338 words
    • 301 4 UPI CANADIAN Prime Minister Brian Mulroney yesterday told CTilnese leaders he is concerned over Beijing's imprisonment of priests and other human rights abuses in China. Speaking at a press conference at the conclusion of his three-day visit, Mr Mulroney said he had "direct, realistic
      UPI  -  301 words
    • 165 4 Reuter CHINA YESTERDAY said it would launch two US communications satellites, moving to fill gaps in the commercial space business left by three major American launch faUures this year. The China Daily said that a Houston, Texasbased company, Teresat, and China's Great Wall
      Reuter  -  165 words
    • 274 4 AP PRIME MINISTER Rajiv Gandhi of India appointed 12 new ministers in a major Cabinet reshuffle yesterday, replacing his foreign minister and inducting a veteran Sikh leader. Two new senior ministers, nine ministers of state and one deputy minister were inducted into
      AP  -  274 words
    • 146 4 AFP THE RULING Kuomlntang has allowed a major opposition group to open offices in Taiwan, in what is seen as a breakthrough in the face of a ban against the formation of new parties. The "Tangwai Research Association for Public Policies (Trapp)," comprising 53
      AFP  -  146 words
    • 439 5 NYT CORPORATE profits in the first quarter were below expectations, in spite of solid expansion in the US economy, economists said. Furthermore, they added, the impact of lower oil prices on corporate profits has largely been negative, with improvement not being forecast until the second
      NYT  -  439 words
    • 342 5 IS INFLATION DEAD or only pretending to be so? It's the latter, according to Dr Irwin L Kellner, the chief economist of Manufacturers Hanover Trust Company, America's fourth largest bank. Speaking in New York on Friday, he said: "I would suggest that the price
      342 words
    • 274 5 ITALY'S secret services helped Libyan leader Colonel Muammar Gaddafi consolidate power in the 1970s to protect Italian business interests in Libya. General Ambrogio Viviani, the former head of Italy's military intelligence, told the news magazine Panorama in an interview published on
      274 words
    • 298 5 Reuter FRENCH Defence Minister Andre Giraud, casting doubt on France's policy of self-suf-ficiency in arms, has warned that he may seek equipment from foreign manufacturers if French companies cannot match their quality. The minister told reporters his job was to get the
      Reuter  -  298 words
    • 199 5 Reuter A MULTI-MILLION dollar World Cup cash wave is set to crash on Mexico's shores this month, bringing smiles to the organisers and hoteliers. But the country's creditors are less than enthusiastic at the prospect of Mexico virtually taking a four-week holiday from kick-off
      Reuter  -  199 words
    • 283 5 Reuter NORWAY'S Labour government, only four days old, has devalued its currency by 12 per cent because of a big fall in the price of oil, its main source of revenue. Prime Minister Gro Harlem Brundtland said that her new team "really
      Reuter  -  283 words
    • 47 5 AFP ANGRY VILLAGERS in Nigeria's southern state of Benue recently rounded up and beat 27 rainmakers whom they blamed for the region's lack of rainfall. "The rainmakers were paraded before villagers who jeered them, a newspaper reported in Lagos on Sunday. AFP
      AFP  -  47 words
    • 156 5 UPI POPE JOHN PAUL H said the Soviet Union's Chernobyl nuclear disaster demonstrates that man is at a turning point where "ethics must take priority over science". "Never has man found himself with such power and at the same time such fragility in
      UPI  -  156 words
    • 859 5 ARRIVALS Operator Sarvico Local tima From SIA UA CAL CAL SV MAS MAS MAS MAS SIA AC CPA RBA SV G1A SIA SWR SQ1I7 UA805 CI337 CI 341 SV398 MH60I MH68I MH811 MH67I SO 103 AC858 CX710 BM2I SV399 GA960 SQI05 SRI 62 0005 0010 0215 0255
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  • Page 4 Advertisements

  • Page 5 Advertisements
    • 156 5 />}:";^~>|$%;('--(\>"/('@`'&&}{ I /I I) Every Tuesday, Thursday. Saturday I II l I Y and Sunday. Leaving Changi Airport I J\_/\ V JJL>S. VL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canoda at *****55 or your Travel Agent. AIR CANADA Finnair It's a well-kept secret but
      156 words
  • Page 5 Miscellaneous
    • 76 5 Doonesbury KJPS! YOU, TOO, CAN HELP NTHECAMFWGNTDSTABM2B THE FIRST LAPfS J GOUJN! HERE ARE 90MB fXAS! ft > n if "sell magazine subscriptions* ...ANP34HEEKS OF'UFE'fWS FORIHE RESTORATION OFTHREE BEADS! COUNT US IN, 0/U/!\ s®i ill] 4 I +~,\r Ml i !Si£ BY GARRY TRUDEAU *...0R STAGE YOUR OWN BENEFIT INAUGURAL
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  • BANKING AND FINANCE
    • 590 6  -  Sang Kancil is BT's financial futures trader. This week marks his first full year of trading, an exciting year in which he outwitted the crocodiles and made a tidy profit of U554,177.50 or 36 per cent of his starting capital. DAVID GABRIEL outlines Sang Kancil's
      590 words
    • 471 6  -  By ALVIN TAY THE OUTLOOK (or the Republic's 34 finance companies continued to remain bleak with all their major lending activities recording a fall in February. Overall, the total loan portfolio of the finance industry fell at a slightly faster annual rate of 9
      471 words
    • 826 6 SINGAPORE THE US dollar yesterday closed easier against major currencies in active and nervous trading, dealers said. It closed sharply weaker at 160.80/90 yen compared with New York's Friday 162.75/90 close, but above its new low of 159.99 yen recorded earlier. The dollar closed lower at 2.1765/75 marks
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    • 230 6 Interbank rates at 3pm yesterday: Local dollar* to on* unit of fofeign Bid Otter c rooo parity Ch n US dolor 2 2050 2 2060 2.8196 -21.80 Sterling pound ***** 3 4082 7 3469 -53 66 Austrobon dollar 1 6482 1 6511 ***** -51.93 NZ dollor 1 2987
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    • 350 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading, dealers said. They said most operators were sidelined due to lack of interest in the absence of fresh factors. The market is awaiting this week's release of a batch of US economic data and US
      350 words
    • 402 6 BA Futures OWING TO the post futures cash market losses in the bond market, EarsMlar futures yesterday opened sharply lower in Simex. June Eurodollar opened at 93 JO, 12 ticks lower than Friday's close and 2 ticks lower than IMM'i close. The market traded sideways during the early of
      BA Futures  -  402 words
    • 121 6 HONGKONG: GOLD yesterday closed at U*****.70/345.00 an ounce. On the local market, gold closed at $3,2)0 a tad. Krugerrand finished at $2,697 and Maple Leaf ended at 12,786. TOKYO: Spot May fell 25 yen to a record low of 1,791 yen/gram. Distant February and distant April dropped 31 each,
      121 words
    • Article, Illustration
      141 6 THE OVERNIGHT rate on the Singapore interbank money market roae by 1/8 point from Friday to close at 5-1/4 per cent yesterday. The one-month term rate rose by 3/16 point while the two and threemonth rates rose by 1/8 point. Mates In mraga «I Ah prtM Im*k rates
      141 words
  • Page 6 Advertisements
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      54 words
    • 263 6 COMPETITIVE MARKETING STRATEGIES \B-20 JUNE 1986ATNOVOTEL ORCHID INN. OBJECTIVES To assess different competitive situations, to detect and elaborate global strategies, offensive or defensive, and subsequently see how, where, and when they can be rendered operational. To develop practical guidelines which will help participants to generate and implement new strategies that
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  • WORLD BACKGROUND
    • 555 7 UPI MIDDLE EASTERN diplomats and US officials are concerned that the administration's campaign against Libya's Muammar Gaddafi is turning into general Arab-bashing that will hurt long-term chances for peace. Assistant Secretary of State Richard Murphy, in the wake of the crushing defeat
      UPI  -  555 words
    • 874 7 Tokyo banks and securities houses step up business abroad i NYT LONG FAMOUS for itA prowess in exporting everything from cars to computers, has now become the premier supplier of a new export: money. In the last two yeari, fuelled by profits from exports
      NYT  -  874 words
    • 895 7 NYT COAL PRODUCTION may fluctuate and export earnings may falter, but the output of real Polish jokes remains at a high level. Real Polish jokes are not the ingulfing ethnic jokes that had a vogue in the US. Instead, they are ironic
      NYT  -  895 words
  • Page 7 Advertisements
    • 300 7 Kalian Institute for Foreign Trade Italian Food Machinery Catering Equipment at Food Hotel Asia '86 MAY 13-16, 1986 WORLD TRADE CENTRE HALL 4 TIME 11am 7pm If you are thinking of equipping or upgrading your food and catering business with better and more efficient machines, the Italian Pavilion at the
      300 words
    • 11 7 A D\K Dbk xt PJA «r?*<*iA CO oO £> CO <s> *sy
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  • FEATURES
    • 486 8 ON MARCH 7, Dr Richard Hu unveiled in his Budget a series of measures designed to stimulate economic activity. By the end of that month, there was a measurable increase in the optimism being shown by several significant sectors of the Singapore economy. The quarterly
      486 words
    • 1194 8  -  By FLORENCE CHONG AUSTRALIAN mining companies have led an unprecedented rush for gold mining leases in Indonesia. Indonesian authorities have received about 50 applications, mostly from Australia. The high number of applications prompted the Indonesian Government to shut the gate abruptly in February. Even before
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    • 186 8  -  Letters to the Editor Chia Boon Pin, Executive Director Real Estate Developers' Association «I Singapore Dear Sir, We refer to the headline of your report, "Work starts on 2107 projects" (BT May 6, 1966), and would like to point out that the word "projects" is incorrectly
      186 words
    • 62 8 Dear Sir, I would like to comment on the list of shares in which CPF members are allowed to invest. Perhaps the authorities can consider a wider list to include all shares quoted on the Stock Exchange of Singapore, irrespective of the company's seat
      62 words
  • Page 8 Advertisements
    • 469 8 R»J T i 1 I ITT iNI i Ihi! i van Gogh, Pierre Rembrandt van Riji, Leonardo da Vinci and Pablo 1 Picasso were still have approved of Particularly, of care devotion VXJI wVXUCYVAM I The luncheon Of The Boating Party Rem, 1891 we lavish on this aspect of our
      469 words
    • 70 8 MADRAS on AIR-INDIA'S EXECUTIVE CLASS WOODS OF REIGATE UK Car Rental Over 20 years' experience Fleet size over 1,000 vehicles Besides Reigate, new depots at Glasgow, Edinburgh and Manchester Rates from: 79* per wk or 307* per mth Unlimited mileage inclusive VAT 7)^s w 0 4 V Contact on' lo'
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  • Page 8 Miscellaneous
    • 24 8 BriStOKT: fkmltl&cfcer£ V»ORN«NG CPvRe"TR«^ UK JTn still tACrc PoTtiNG Twt VOUR Cp,r j\ OK UNTIL rue SECOND in ocToae* IL=LI cOKses. noWWG mR B.
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    • 653 8 CRYPTIC PUZZLE ACROSS 3 A flier's first show (5) 8 Cut o price, possibly, for on island (5) 10 Uk« a sk«iffcht's wod (5) 11 To love beyond reason (3) 12 A sense you .hope not to miss using (5) 13 Stories of disorderly porters (7) 15 Jefces are more
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  • SPORTS
    • 467 9 Reuter YANNICK NOAH of France followed his upset win over world number one Ivan Lendl by overcoming veteran Guillermo Vilas of Argentina on Sunday to win the Tournament of Champions title at the West Side Tennis Club in New York.
      Reuter  -  467 words
    • 254 9 AFP EUROPEAN Footballer of The Year Michel Platini and French manager Henri Michel have clashed over team selection policy, with their opening World Cup match only three weeks away. Skipper Platini, who celebrates his 31st birthday during the finals, wants the manager
      AFP  -  254 words
    • 68 9 AFP ITALY completed Its WerM Cap preparations la Earspe with a Z4 victory ever China la the Saa Paolo Stadiam ea Sunday. Manager Ease Bearsot's plan to exp—e Ms players la a team which he heUeves reoemMea Italy's Mexico groap oppoaeats Soath Korea worked eeavlaeingly,
      AFP  -  68 words
    • 250 9 Reuter RUDI VOELLER celebrated his long-awaited return from injury by scoring the goal which earned West Germany a 1-1 draw with Yugoslavia in their World Cup warm-up match on Sunday. Voeller, playing for his country for the first time for eight months, struck in the
      Reuter  -  250 words
    • 492 9  -  By WALTON MORAIS KUALA LUMPUR will be the venue for the 1987 Asia-Pacific Golf Show, although organisers had been pleased with the regional response to the inaugural show last year in Singapore. Singapore's loss, it appears, was due to the inability to attract a government
      492 words
    • 307 9 AP ALAIN PROST, who did not ex- pect to win in Monaco, came a away with his third straight vie- tory in the classic round-the- houses race and with new confldence that his McLaren team V will maintain its world championship
      AP  -  307 words
    • 5 9
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    • 230 9 Reuter ANDY BEAN survived a shaky finish to win the US$6OO,OOO Byron Nelson Golf Classic by one stroke over fellow-American Mark Wiebe at the Las Colinas Sports Club in Irving, Texas, on Sunday. The 33-year-old Bean enjoyed a four-stroke lead midway through the round
      Reuter  -  230 words
    • 129 9 AP BRUCE CRAMPTON dropped a crucial 8-metre birdie putt on the 17th hole on Sunday en route to a two-stroke victory over Bob Charles in the Benson and Hedges Invitational PGA Seniors Tournament in San Antonio, Texas. Crampton finished the final round with a 4-under-par 68
      AP  -  129 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 1200 9 to m mm MAN AND MUSIC Compo—r and Court Muaic at the Court of Louts XIV Bpm, Channel 12 King Louis XIV (1638-1715, right), like many of his contemporaries in every age and time, used music as political propaganda. This programme looks at the music of Louis XlV's era and
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  • INTERNATIONAL COMPANY NEWS
    • 742 10 NYT TED BATES WORLDWIDE, the third largest American advertising agency, has agreed to be acquired by Saatchi A Saatchi of London, Britain's and Europe's largest, for US$4OO million down and another $50 million in 1988, according to sources close to the
      NYT  -  742 words
    • 418 10 AFP AUSTRALIAN car manufacturers, after achieving record sales last year, tear they are now being pushed to the brink of disaster by government taxation Gar sales for the year look like being down by at least oneuttru, wttn little nope at recovery for
      AFP  -  418 words
    • 90 10 Reuter TRUSTHOUSE FORTE PLC plans to build 10 large hotels in Italy involving an initial investment of 500 billion lire. Chief executive Rocco Forte said the hotels, with a total of 7,200 beds, would be built near airports and major road junctions in
      Reuter  -  90 words
    • 840 10 NYT THE TWO LARGEST international carriers in the US Pan American World Airways and Trans World Airways are looking to the upcoming summer tourist season with trepidation, but not with fears of extinction. Although bookings to southern Europe have fallen drastically because of
      NYT  -  840 words
  • Page 10 Advertisements
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      621 words
    • 114 10 E PERFECT COMBINATION GOOD MUSIC AND GOOD WINE GOOD FRIENDS AND LAUGHTER YOU AND YOURS AT THE LOUNGE ROSEMARIE. DAISY. MANUEUCA AND EMMANUEL. WTTHCHART TOPPERS. OLDIES AND ROCK "N ROLL. PUT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OUT One drink free for every 2 ordered. Free curry puffs.
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  • ASIAN STOCKS
    • 346 11 HONGKONG: Stock prices yesterday closed lower on profit-taking in moderate trading. The Hang Seng Index lost 19.71 points to 1,832.50 and the Hongkong Index 11.87 to 1,140.49 though selling pressure eased towards the close. Brokers said the half point cut in the prime rate to 7.5 per cent at
      346 words
    • 229 11 MAY 12 Al Sncere Mm kt Kobi 27.60 +0.2 2 48 -0.09 unch unch -0.2 -0 1 Kuochan Dev Lm Chang Yuan Cham Indus 20 50 25 40 unch 09 Cothoy Com Chang KKra Bank 30 60 43.80 25 20 Lion Hwa Indus Nan Ya Plos Pacific Cons 13
      229 words
    • 386 11 TOKYO: Share prices fell sharply as worries over the yen's rise, the future direction of economic policy and the uncertain domestic politi- cal situation made investors cautious. The Market Average ended down 89.75 at 16,105.23 after a brief rise to a record 16,248.30 in early trading. Turnover was a
      386 words
    • 73 11 MAY 12 hw Oriantol B Phi Ovanmt Phle* B ...001 0014 ...0175 0.99 -0 002 0.005 Acof* Mining Pic B Apax Mining B Oil 0097 PLD? 77 -I Alio* Con. 8 Boguio Gold 14 •1 Son Mtgual B 43 2 Baste P««roteum Banguat Con. B First Phi HMp no
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    • 399 11 BYDNEY: Sharemarkets yesterday closed sharply easier, led down by continued profit-taking in industrial stocks and a depressed mining sector. By the close, the All Ordinaries Index had dropped 13.4 points to 1218.2 and the All Industrials Index 22.5 to 2030.2. The All Resources Index was 6.6 points off at
      399 words
    • 72 11 MAY 12 Won Hyvrxto Con»l Hyundai Motor 919 2020 +4 35 700 10 KAL 1006 16 678 33 Korea Fnt 710 ConvtMf ooi Bk. Oocbnhd 706 MO +4 Yukong Korea Ste 2385 411 35 +5 830 20 Lucky Lli 1065 15 1289 •II 1070 -20 484 +2 2020 20
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    • 138 11 BANGKOK: The Securities Exchange of Thailand Index yesterday rose 0.05 point to 129.43. Turnover was 65,961 shares valued at 9.1 million baht. MAY 12 Ao Khom Thai Belrts SermsiA S«am Cement Sam Ciftzene Sam Cunens 368 465 SUSP ♦6 -13 Ayudhya Investment Bangkok Aground oongko* DOT* Bank Of Ayutfiya
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    • 57 11 Reuter THE AFRICAN Development Bank is issuing a 15 billion yen, 15-year samurai bond with a 5.9 per cent coupon for payment on May 21, according to lead manager Nomura Securities Co Ltd. The par-priced bond has the longest maturity of any non-callable, straight samurai
      Reuter  -  57 words
    • 171 11 AFP TRADING CONGLOMERATE Jardine Matheson Holdings Ltd is to use 95 per cent of its earnings from the issuance of US$l5O million convertible preference shares to improve its balance sheet for the coming year. Jardines's annual report released yesterday said some HKH.I billion of the net proceeds
      AFP  -  171 words
    • 95 11 Reuter A PHILIPPINE government official has queried the sale of 33.1 million shares in San Miguel Corp, a leading Asian food and beverages company, to Andres Soriano m, saying the shares had been acquired through false representations. Ramon Diaz, a commissioner on the presidential Commission on
      Reuter  -  95 words
    • 109 11 AFP INDIA and a French-Japanese consortium have signed a US$6OO- contract for building a pipeline to supply natural gas to northern India. The state-owned Gas Authority of India Ltd, and the consortium, led by the Spie-Capag of France, signed the contract in New Delhi on Sunday,
      AFP  -  109 words
    • 435 11 Reuter SWEEPING government reforms to protect Indian investors in stock markets have led to controversy with brokers calling them one-sid-ed. The Finance Ministry last month issued guidelines to 14 stock exchanges to change by-laws to protect nearly 12 million investors. But broker
      Reuter  -  435 words
  • Page 11 Advertisements
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      180 words
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      112 words
    • 242 11 Paramount HotefWhft th» happy people go KM. f >u w r' f A cat- s\ COCKTML LOUNGE Experience a new and refreshing concept in cocktail lounge entertainment. Experience The Gazebo. The frontispiece of Paramount Hotel, away from all the hustle and bustle. A free flowing garden terrace in subtle shades
      242 words
    • 87 11 FASHIONABLY HYATT Join the fashion- conscious every Tuesday and Wednesday (3.00 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches.Showtime: 4.30 pm Tea plus.show at
      87 words
    • 111 11 Peking 4 Sichuan Restaurant H&L HOKKIEN-PORRIDGE S DINNER/SUPPER Buffet Style Choose from more than flfl <f <f 20 appetizing dishes. Eat all you can for only M $7' Dinner/Supper Time: 7pm 3am 10% Mrvic* charge ft 3% government tax* not Included. TTrnr\ kl PEKING A SICHUAN RESTAURANT (CAIRNHILL HOTEL) 19
      111 words

  • RAW MATERIALS
    • 432 12 No threat to African market, says official Reuter BRAZIL, the world's biggest coffee producer, has promised to control sales of the commodity to avoid threatening Africa's traditional markets, according to the president of the Brazilian Coffee Institute (IBC). Mr Paulo Graciano said most of Brazil's
      Reuter  -  432 words
    • 138 12 Reuter THE WORLD mining industry must find new uses for minerals and metals threatened by the development of substitutes, the president of International Council of Mining and Metallurgical Institutions, Mr James Foots, told the council's 13th congress in Singapore yesterday. Mr Foots said industry growth
      Reuter  -  138 words
    • 183 12 AFP NIGERIA has announced that it will stop importing wheat at the end of the year as part of efforts to reduce imports in light of the country's falling oil revenues. An official communique said President Ibrahim Babangida made the announcement last Wednesday in
      AFP  -  183 words
    • 172 12 Reuter THE NORTH-EAST Chinese province of Liaoning expects a grain harvest of 14 million tonnes this year against a record 15 million in 1964 and 10 million last year, a Chinese agricultural official said. Mr Wang Wenrong, an official in the province's
      Reuter  -  172 words
    • 64 12 Reuter LARGE AREAS of ricefields in north and west Sumatra were flooded but most of them had already been harvested, according to a social ministry spokesman. He said the floods have killed five people and made more than 25,000 others homeless in the northern Aceh and
      Reuter  -  64 words
    • 245 12 Reuter THE OUTLOOK for platinum prices during the rest of this year is bullish, with supply/demand statistics indicating a deficit of about 225,000 ounces, and the major market trend is expected to be up, broker Shearson Lehman Brothers said in a quarterly precious metals
      Reuter  -  245 words
    • 245 12 Reuter SINOCHEM, China's state owned oil company, is poised to buy a further 1.5 million barrels of Indonesian minas (Sumatran light) crude for June delivery, oil refining sources in Tokyo have said. Sinochem bought around 1.5 million barrels of Indonesian crude in March and April
      Reuter  -  245 words
    • 934 12 COFFEE ROBUSTA FUTURES yesterday fell from opening levels and ended a quiet session with losses of £40 to £56 a tonne from Friday. Dealers said steadier sterling against the dollar, a mixed New York close and news that Colombia had cut its export price undermined sentiment from the
      934 words
    • 145 12 Chineee Produce Exchange Sellers' noon doMtj prices on Moy 12 (SS/100 kg). Coconut oil Bute FOB 45.00 Ok) drum FOB 58 00 New drum FOB 62.00 Copra M<xed (k»ose) 25 buyers Pepper Muntok White FOB NLW 1170.00 Sarawak. White FOB foq NLW 1155 00 Sarawak spectol black FOB
      145 words
    • 116 12 Reuter THE TIN PRICE the Kami» Lampar Tla Market yesterday trapped fear eesti te Mslilf per kile tram last Friday's cleae, la (airly qalet Seatimeat was depressei by a lack ef ferEarepeaa market feOewlag sales made ky a LME kreker. Dealers said kayers were alae sldellaed la ▼lew
      Reuter  -  116 words
    • 66 12 Bangkok (USS/tMM, FOB) Whit* Rice 100% 1st ck»s 240 100% 2nd ckiss 215 100% 3rd doss 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-1 Sop«f 115 A-l SpecKil 112 C-1 Si-ecial unq C-l Ord unq Loonzoin Rice 100% 1st grade unq
      66 words
    • 272 12 RAS prices i« S cmtt/kg, FOt in b oWs NOON CLOSE Irrt 1 RSS Prompt 168 00 169 OON 168 00 I69.00N Int 1 RSS June 86 166 50 167 00 166 50 167.00 Irrt 1 RSS July 86 168 50 166.00 168 50 166 00 Irrt
      272 words
    • 90 12 (ccfiti/Vg. 1-ton ■>•»•*> JUNC 86 (currant month) NOON JULY 86 \forwora mofttn; NOON RAS 1,1m S4m Snyvn SdUfi SSR 20 155 00 I57.00N 155.50 157 50N SSR 50 152.00 154.00N 152.50 154.50N MRELB S«ll«n Iwyws S#H#rs SMR CV 209 50 211.50N ***** 212. SON SMR L 209.00
      90 words
    • 308 12 SMQAPORE THE MARKET yesterday closed easier with June One RSS buyers quoted at ICS JO cents per kilo, down two cents from last Friday's dose, dealers said. The morning market recorded a loss of two cents following lower Japanese advices and some long liquidation in quiet trading. Prices were
      308 words
    • 130 12 AFP WESTERN world stocks of primary aluminium fell in March to their lowest level since October 1980 at 1,917,000 tonnes against a revised total of 1,997,000 tonnes in February and 2,481,000 tonnes in March 1985, the International Primary Aluminium Institute reported yesterday. Stocks of aluminium in
      AFP  -  130 words
    • 142 12 MALAYSIAN crude palm oil prices yesterday closed unchanged to slightly higher on late covering interest after falling initially in sympathy with a lower Chicago soyoil futures close on Friday. Trading was thin throughout the day. May deliveries in the north was unchanged at Mss6o per tonne. June in
      142 words
  • Page 12 Advertisements
    • 204 12 "technology Future Bank Paperless Collections: Automating Documentary Credit Functions June 5-6, Singapore Electronic Trade Payments Legal Regulatory Issues: Mr Michael Rowe presently on sabbatical leave from ICC, Paris, where he is Legal Attache, is perhaps one of a handful of people who can speak with authority on this subject. He
      204 words
    • 216 12 NOTICE PBOPQSAL TO CSAIiOC or We, Eastern Navigation Private Limited of 51 Anson Road #08-53, Anson Centre, Singapore 0207, hereby give notice that In consequence of our intended purchase of the vessel SELOO L-17, we have applied to the registrar of Singapore ships under Section 417 of the Merchant Shipping
      216 words

  • SHARE INFORMATION
    • 4061 13 INVESTORS and punters, who were quietly nibbling at selected trustee stocks throughout most of the day, found themselves increasing their purchases in the last hour of trading. This enabled the stock market to move to higher ground across a broad front yesterday in
      4,061 words
    • 237 13 SINGAPORE Rftat Indices Ma» 9 Mm 12 Strait* Tra** 206 +15 SI f J£JZ MMlbiSpx 195 +12 W *?S! 700, ?iS Not Iran 276 +11 04/0S +J3 +120 FIN 580+10 "CAW 73*1 -7*6 hr«( (m S0« 198 +10 8TOSV *****1 -*****5 tUSLfLT .95 +10 584 41 *****
      237 words
    • 2583 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0.91*5) (5) 092 (17) 0 92 (2) 0.93 (5) 0 92* Alcom (0 466) Amol St##! 50« (0.596) (2) 0 59* (6) 059 (20) 059 (I) 0.59* B A T 22c (1 556) (1) I 58 (3) 1 55 Beriaya
      2,583 words
    • 114 13 HONGKONG Australian Industrials Hong Kong Index Monday 2030 2 Fnday Week ago 2030 4 Monday 1140.49 Fridoy 1152 36 Week ago 1146 35 NEW YORK Hong Seng Index Dow Jones Monday 1832.50 Friday 1789.43 Thursday Week ago 1774.68 Friday 1852.21 Week ago 1842.44 TOKYO Standard Poors Nikkei Average
      114 words
    • 280 13 Mooogers' prices MARA-Bumiputra for Moy 13 First B'putra 4 20 4 25 Singapore Unit Trust The Commerce 0 78 0 83 The Savings Fund 0 62 0 67 S'pore Prog Fund 0.31 0 33 S'pore Sec Fund 0.51 0 55 S'pore Invest Fund 0 47 0 51 S'pore
      280 words

  • COMPANY NEWS
    • 2016 14 BID aad ofler pricee officially Uated aad Iwitnw in and reported to the Kuala Lunpur Stock Exchange yeeterday, vtth the aumber of Stares traded *aam is bracket» is lots of 1,000 unit* unlees otherwise MDUSTRML Aca» (0.808) AfM.Hi (3.205) AM0(3.225) Akem (0 568 0.575) (3)
      2,016 words
    • 67 14 THE DEVELOPMENT Bank Of Stappm Ltd: 18th AGM in the Board Room, 46th Storey, DBS Building, 6 Shenton Way, Singapore 0106 today at 11am. AMCOL ELECTRICAL Industries Limited: AGM at 19, Wan Shih Road. Jurong, Singapore 2262 on Thursday, May 15, at 10am. TEE GEEAT EASTERN Life AanrMM
      67 words
    • 356 14  - Poor business prompts Ong Co to lay off 25 By CHAN OI CHEE,SAID ABDULLAH STOCKBROKING FIRM Ong k Co has retrenched 25 of its employees. Stockbroking sources said 11 non-bargainable employees including senior executives were laid off on April 30, because of "poor business" conditions. They were paid one-month pay
      356 words
    • 157 14 FAR EAST Levingston Shipbuilding, a major subsidiary of Keppel Shipyard, has secured a US$24 million contract to design, construct, equip and outfit four multi-purpose oil spill recovery vessels. The contract was awarded by V/O Sudoimport of the Soviet Union. Hie delivery of the first
      157 words
    • 447 14 MBT ARAB MALAYSIAN Development Bhd, formerly known as Taiping Textiles Bhd, is diversifying into garment manufacturing for export by reviving the operations of a company which has gone into liquidation. It will acquire Taiping Garments, which manufactures high value-added items such as
      MBT  -  447 words
    • 593 14 SHARE PRICES were traded slightly steadier on the Kuala Lumpur stock market yesterday in quiet conditions. Some speculatives attracted investors' attention and closed marginally higher in an otherwise dull market. Antah, the current favourite, fell victim to sellers and profit takers, and it closed lower
      593 words
    • 505 15 «MB mm... By HOCK LOCK SIEW AMBASSADOR HOTEL has-re-cently been busy collecting and answering queries from the stock exchange which, in the wake of the Pan-El crisis, has been prodding publicly listed companies to disclose mare. The latest query from the SES has
      By HOCK LOCK SIEW  -  505 words
    • 136 15 THE TAKEOVER OFFER from the Hongkong k Kowloon Wharf A Godown Company Ltd to acquire Hotel Marco Polo closes today, the first closing date. The company is offering 51 cents a share, valuing the hotel at $64.8 million. The Wharf group, led by tycoon Sir
      136 words
    • 339 15 ISETAN (SINGAPORE) LTD's $62 million new store at Wisma Atria in Orchard Road is already making a significant impact on the company. It has yet to open its doors but the store affected last year's balance sheet and results. For starters,
      339 words
    • 194 15 REPLYING TO the Stock Exchange of Singapore, Tee Sap tag Ltd said the sale price of US$4 3 million for its land and building in California was the recent highest offer received based on a valuation of the property in December 1982 at $4.5 million and in December
      194 words
    • 307 15 A DRASTIC SHORTFALL in pre-tax profits to only $105,000 from a forecast $1.3 million reported by subsidiary Uniweld Holdings was the main factor behind the wide disparity in Dah Yung's projected and actual profit figures for the year ended last Dec 31. Dah
      307 words
    • LATEST RESULTS
      • 53 15 Group pre-tax loss of M 55.34 million (pre-tax profit of $1.12 million) on a turnover of $16.64 million ($21.38 million) for the year to end-December 1985. After taxes, losses came to $4.62 million (profits of $262,000). Duta Con blamed its poor performance on the continuous slump in
        53 words
      • 63 15 Group pre-tax loss of $1.39 million (loss of $2.54 million) on a turnover of $11.96 million ($12.54 million) for the year to endDecember 1985. Loss after tax amounted to $2.55 million ($2.64 million) and no dividend was declared. SPK said its losses were due to the depressed
        63 words
    • 398 15  -  Subsidiaries affected by prevailing economic difficulties By AMY CHEOK THE OVERALL DECLINE in earnings of the OverseaChinese Banking Corporation group would have been worse if not for the substantial increase in the volume of business, according to chairman Yong Pung How. In his annual address to shareholders,
      398 words
    • 353 15 By NAJEEB JARHOM STANDARD CHARTERED Bank, which is considering listing its worldwide operations on international stock exchanges, is likely to keep its Singapore and Malaysian business as separate businesses when the time comes to float the two units. As tar as the bank's regional
      353 words
  • Page 14 Advertisements
    • 84 14 Businesses in go forward with TNTSkypak! Recently the Government of Singapore announced a package of cost savings to local business to help stimulate the economy by remaining competitive. At TNT Skypak we have decided to utilize these savings (together with Increased productivity by our staff) to hold our rates at
      84 words
    • 177 14 Fresh Fruity& Fascinating If you love the unusual, you'll love what we've done to fruit. We've concocted an exotic menu of a seafood 1 and meats served with fresh fruit. The results are,.. well, simply fascinating. Here's a sampling of what to JL expect: Coral Cliff Prawns with Mango, Chicken
      177 words

  • Page 15 Advertisements
    • 215 15 m Pyri mK s i as :v. *L II »>- 1 -t f HI ISaiPli i&s* :i'\vr> tv §V 1 T If you've always thought of a flight as something to be endured, we invite you to read on. Thai has covered a lot of mileage to make flying the
      215 words

  • 302 16  -  By LOH HUI YIN AN ADVERTISING campaign to create more awareness among investors about Singapore and its prospects as a business centre may be launched in Japan, Acting Trade and Industry Minister Lee Hsien Loong disclosed yesterday. But a good advertisement must also be
    302 words
  • 469 16  -  By LIM SOON NEO THE Singapore Tourist Promotion Board (STPB) and hotels here have drawn up aggressive plans to capitalise on the 56th meeting of the American Society of Travel Agents (ASTA). The STPB has budgeted $1.5 million for promoting
    469 words
  • 384 16  -  By CHUANG PECK MING COMPANIES with established track records are expected to lead off in the listings on Singapore's Unlisted Securities Market (USM), which is set to take off in September. Concern about its viability will initially exclude many high risk or new companies from this
    384 words
  • 245 16 SINGAPORE AIRLINES (SIA) has been advised to consider new ways of allowing more than 20 per cent of its shares to be held by foreigners. Temasek is understood last week to have formally rejected SlA's bid to raise the foreign equity
    245 words
  • 71 16 Reuter LIBYA yesterday announced the expulsion of 36 West European diplomats because of action taken against its diplomatic missions in European states. Libyan Radio said envoys from Italian, West German, French, Dutch, Spanish, Belgian and Danish embassies were being told to leave the country. It was
    Reuter  -  71 words
  • 216 16 NYT REPRESENTATIVE Dan Rostenkowski, the chairman of the US Ways and Means Committee, has predicted that Congress will approve a top tax bracket below 30 per cent. Last week, the Senate Finance Committee approved a tax revision Bill providing a top
    NYT  -  216 words
  • 57 16 COMEX GOLD FUTURES rose US$l.5O per ounce on scattered buying by European traders yesterday morning following a very weak dollar. In slow business, gold for de- livery in Jane went ahead $1.50 at $347.00 an ounce. The rally fell short oi last Friday's high of $348.80. lie diver
    57 words
  • 60 16 Reuter WALL STREET stocks were little changed yesterday as investors assessed technical strength in the market while keeping a nervous watch on rising interest rates, traders said. Carry-over buying from last week aided the market. The Dow Jones Industrial Average was up a fraction of a point
    Reuter  -  60 words
  • LATE FILE
    • 41 16 AFP THE US raid on Libya was not Justified by the United Nations charter provision tor "self defence", UN Secretary-General Javier Perez De Cuellar was quoted as saying in the Spanish press yesterday. AFP
      AFP  -  41 words
    • 41 16 UPI FERDINAND Marcos yesterday said the US State Department is working out an arrangement under which he can visit third countries and return to the US and that President Reagan has helped in the effort. UPI
      UPI  -  41 words
    • 48 16 Reuter QATAR yesterday treed 30 foreign workers seized 17 days ago in a dispute with Bahrain over a coral reef in the Gulf. The 30 men 25 Filipinos, two Thais, two Britons and a Dutchman arrived in Bahrain in a scheduled flight. Reuter
      Reuter  -  48 words
    • 38 16 UPI ISRAELI Cabinet ministers have come up with a list of ways to boost the declining Jewish birth rate, inrhnHng requiring every Jewish family in Israel to have at least four children. UPI
      UPI  -  38 words
    • 45 16 Reuter THREE minor Chernobyl officials were publicly disgraced yesterday for neglecting evacuees. Soviet daily Pravda named the three men, who headed a transport combine at the power station, saying that one had been expelled from the party and another severely reprimanded.
      Reuter  -  45 words
    • 35 16 Reuter HONGKONG FINANCIER Simon Yip, accused of conspiracy to defraud the Overseas Trust Bank of more than US$66 million, was remanded in custody after a brief court appearance yesterday. Renter
      Reuter  -  35 words
  • Page 16 Advertisements
    • 211 16 HI The World Leader in Hi-Tech Plastic Films Technology Lamipak today continues to widen its acknowledged lead in the specialised field of plastic films technology with the manufacture of high quality plastic films and bags ranging from Low Density Polyethylene (LDPE) to High Molecular Weight High Density Polyethylene (HDPE) sheets
      211 words
    • 103 16 Second v«ntur« capital programme baing aat up, Paga 3 The Chef carves at 8.15pm every Hiesday Thursday at -2 U R«jf* it •r < it v: v \3Si?| In the best European tradition of old, our Chef will ceremoniously carve a succulent roast done to a turn, on the one
      103 words
  • Page 16 Miscellaneous
    • 46 16 Outlook for today: Fair Report for 24 hours prior to 7.30pm on May 12 ot the airport: Maximum temperature 32.0 Associated humidity 57 Minimum temperature 26.5 Associated humidity 94 Hours of sunshine 6.85 Roinfall in millimetres nil Roinfoll this month 92.5 Romy days this month 8
      46 words

  • SHIPPING TIMES
    • 441 17  -  Operation to be managed by PNSL subsidiary By SHAHRIR ARIFF A NEW WEEKLY ferry service calling on Singapore, Kuantan, Kuching and Kota Kinabalu, is expected to begin this August. The service will be managed by Ferry Malaysia, a subsidiary of Malaysian stateowned Perbadanan
      441 words
    • 274 17 LYKES BROS will be starting a direct eight-day service between US Gulf ports and northern Europe with its four Express-class vessels re-routed from the trans-Pacific. "Our service, with a 13-day transit time, will be the only direct service to
      274 words
    • PORTSIDES
      • 102 17 Reuter TWO out of three vessels waiting off the Italian port city of Taranto have been given permission to dock after being tested for radiation. Port authorities yesterday said the 13,567-ton Soviet vessel Dmitriy Pozharskiy, which arrived from the Black Sea four days ago, and
        Reuter  -  102 words
      • 102 17 AP A 1,592-TON South Korean container ship sank shortly after colliding with an 11,343-ton Japanese ore carrier on Sunday in fog in the inland sea off Imabari, south-western japan, but all 18 Korean crewmen were rescued safely. The Japanese Maritime Safety Agency said the crewmen
        AP  -  102 words
      • 107 17 Reuter THE AUSTRALIA to Europe shipping conference will lower its bunker adjustment factor (BAF) for general and refrigerated cargo to 0.33 per cent from 2.84 per cent, effective from June 1. The BAF on wool freights will be adjusted to minus 15.36 per cent from
        Reuter  -  107 words
    • 1123 18 TIME-CHARTER business again dominated an otherwise slow London freight market on Friday but grain fixing proved slightly more active. Krohn fixed an unspecified first-half June loader from the US Gulf to Holland with 50,000 tons of grain at U556.25 (fio), while MBK fixed the Merini from the US
      1,123 words
    • 611 18 UPI THE GREAT passenger ships that cruised the exotic isles of the Mediterranean for decades are now steaming towards North America for tours of Canadian foliage and Alaskan whales, said industry officials in New York recently. The costly change in itineraries that has left
      UPI  -  611 words
    • 525 18 AP SANDBAGS line the entrances to many of the shops in Basra. Some are already torn by shrapnel from Iranian shells. The distant thud of artillery echoes in the ancient, southern Iraqi port on the Shatt Al-Arab waterway. For most
      AP  -  525 words
    • 67 18 SWEDISH shipping and offshore group Wilh Wilhelmsen has finalised plans to cut its administrative workforce by 20 per cent. The move comes in the wake of declining revenu&s. The group had earlier threatened lay-offs in its offshore drilling division because of poor business. Several hundred Norwegian
      67 words
    • 631 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anfo Service IV 3/4 ANL 1 1/2 A PC Line V 4 APL III 2/3 ASCL IH 1 Bait-Canada Line V» 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS II 4/5 Ben Line
      631 words
    • 299 18 AFP FAIRLY brisk activity de- i veloped as enquiry from i European and US charter- I ers made up for lost business due to the long British j Bank holiday weekend, i and rates firmed in many < places. t Larger size vessels re- i mained popular in
      AFP  -  299 words
    • 268 18 Cargonews Asia A MICROPROCESSORcon trolled inmotion weighing system for road vehicles, which claims to give accurate results in less than one-third of the time of other systems, has been introduced by a British company, Dactron of Stockport. Comprising a processor unit and
      Cargonews Asia  -  268 words
    • 208 19 Reuter IRANIAN President Ali Khamenei has said that he would like to see the Gulf demilitarised to make it safe for shipping, Teheran Radio reported over the weekend. It quoted President Khamenei as saying at a meeting in the Iranian capital with Libyan Oil Minister
      Reuter  -  208 words
    • 425 19 Lloyd's List LEADING trans-Pacific container ship operator American President Companies plans to spend US$5OO million over the next three years on new tonnage, containers, railway wagons and terminals. Chairman Bruce Seaton told the annual meeting of APC shareholders that the main purpose
      Lloyd's List  -  425 words
    • 390 19 FT SPAIN'S main dock workers' union has called a general strike starting this Sunday, the latest move in a long-running dispute over the Spanish socialist government's plans to reform the way ports are run. The call for a 10-day strike
      FT  -  390 words
    • 196 19 Reuter JOHN BROWN, the 150-year-old company famous for building luxury transAtlantic liners, looks set to lose its independence following an AGR bid for the concern from British property and construction company Trafalgar House. Trafalgar House said it would bid £80 million for John
      Reuter  -  196 words
    • 173 19 THE WEST GERMAN classification society, Germanischer Lloyd, has established its first committee in Hongkong. The committee consists of leaders in the maritime and shipping community. It will liaise with government and maritime interests in the British colony. Chairing the committee is PC Chang, the
      173 words
    • 187 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. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAUS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • 107 19 AP JAPANESE POLICE have arrested a South Korean sailor for allegedly smuggling five kg of stimulant drugs, with a street value of one billion yen (US$6 million), into the country. A spokesman in Shimonoseki, south-western Japan, named him as Lee Ki-Ryong, 41, the
      AP  -  107 words
    • 438 20 May 13-15 Bulk Asia 86, Ist Asian bulk transport handling 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
      438 words
    • 6480 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, t"he name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      6,480 words
    • 709 25 TERMINAL* RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrivol date/time Operator Godws for LCL cargo FCL movement schedule Location Nathalie 1W CR Paris 4E Jutlandia 136 Mai Sandved 8620 Takari 1 1206 E Ocean 006W Pegasus P 428N CR Pte Noire 1R Xinghe 10W Jenwel
      709 words
    • 1677 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises ft* Ltd Some (S) AB Shipping Boustead Shpg Agencies Afro Law African Shpg Agencies (SI Ahrenkiel Liner Kim Shpg <S) Alfred C Toepter Oceonus ShippmgAgen Cies (S) Multiport Sdn Bhd (PK)
      1,677 words
    • 723 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KERPEL WHARVES Bonglar Mita Colandtrmi Jumpa Ocean Prima Rafoh Brooke Rema Arrow King Auby Btntong Serio E'tern Giory G Sekjtan-8 Hengshui Intercast Kim Soon Li Lontana Stott Ventura Trons Fjord K10 K33 K18 K36 K25W Kll KI2 K25W K25E
      723 words
  • Page 17 Advertisements
    • 632 17 Concise Comprehensive Contemporary BEI DitMtumd bf E3 FEDERAL A 1ooks'»(» newsagent^ Of<|ENT OVEIQEAS CotUcum* LINE STRAITS EUROPE EXPRESS SERVICE MUM SHPfWG AGENCES («»l lb. *****4/ 00K) 70 Slienton Way #04 03 Marina House Singapore 0207 Tel *****11 TELEX NO RS ***** CFS OFFICE IPC #03 029 Tel *****31 and *****32
      632 words
    • 63 17 UiMDB PASSENGER SHIPS which hove plied the Mediterraneon for decades ore changing itineraries because of the current terrorism problem. P«g« II American President Companies plans to spend US$5OO million over the next three years on new tonnage, containers, railway wagons and terminols. Page 111 Index to odvertisers II Shipping Schedules
      63 words
    • 971 17 BALT-ORIENT LINE Baltic Shipping Co Refifer Services from South East Asa to United Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tet; *****33 FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS Feeder Penang Vhml Spore I EXPORT TO USA. EUROPE.
      971 words

  • Page 18 Advertisements
    • 395 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Feeder at Kao Pacific North Weat Feeder at Kao Atlantic/Canada Feeder at Kobe FTM im ur«| t~ em ml I En BIS En EEHZOi EJT* WtM CM i!l| LCL Cargo for USA Ports. 'Portland via Saattla i.r'.i'jj MIDDLE EAST Full Container
      395 words
    • 187 18 Supercarrier Service fi.lft?* r eto» TO: CALIFORNIA S ATLANTI LF Mm KCtptaf cm*n tar Huston (KB). S Frwcsct Oakland. Stacfcta mi San Dlegd m I *i«Mn Chariest* Sat* TO: CARIBBEAN CENTRAL AMERICA In'TOM •*1 iMtfR CAMBUN Aruba. Curacao Bridgetown Phrtipsburg Port ot Spam Mamdton Kingston St Wins Basse Terre. Castries.
      187 words

  • Page 19 Advertisements
    • 807 19 Pr» The Straits Steamship Group Mansfield Container Shipping Re Ltd Overseas Containers Limited 'PHI STRAITS SHIPPING E W Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAIOSHP SERVICES TO/FROM BANGKOK store buck pegasus not *429N nh/m May 10-17 May PEGASUS PRtt *430N "»T 23-24 May BANGKOK BORNEO AGENCIES LTD BANGKOK
      807 words
    • 778 19 Franco Belgian Services i r .iW b r*-m h >rr» in- u ith t .1 r A rn i mr* com wo sonnet to mow mwi-«« STOW P KELMG If Harn It dan f»MM Ha* rtim* tat mCATOt 14 May (12 May) 12 tai 03 tai OS kit 17 tai
      778 words

  • Page 20 Advertisements
    • 497 20 ft Hapag-Lloyd TO CONTINENT/UK EXPORTS S"p«rt N—n l«wnß>w Cm Mhv| Una Mm Kdumn (16/5) IS/S 19/4 Prter Ibduncn 21/5 IJ/5 17/5 11/( 20/S 30/6 25/6 m YOUNUS 24/6 26/6 2«/6 2/1 22/7 Fof bunkermi only FROM N. CONTINENT &UK IMPORTS 9/6 11/6 12/ C 14/6 15/6 6/7 1/7 W, KM
      497 words
    • 78 20 FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member ol the Ace Comoctiu«n FROM FUROPE VIA SUEZ Member of the Ace Consortium FUMY CONTAIN! RISEO TO FROM NORIH AMI RICA KfSI CUASI fw/Mono *ssa NKC 49/E IK S4E OCH 4X/K6J SK Ml 13U1M 331 RC 34E/KHO 62E CONVENTIONAL SERVICE TO IRAN/PERSIAN
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    • 604 20 JUL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** 8. RS ***** lAMI K\ CAR |IMR. I I I). IIM INTERMARITIME LTD R. Kinafcalu (Sub A «it) Ttt. *****0 JMurta (S* Aprt) Itk (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS M KM Ska* SP ft
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    • 643 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ever gatio ever Gun EVE* GOV?** e«* glory EVES Of TED no GOOD f*» GRAND SGP HKG KM US 15/5 IJ/5 M/ 5 22/5 23/5 2C/5 27/5 21/5 24/5 2/C 3/C 5/( 5/< l/C M/C 12/ C 12/ C l(/( 17/4 11/4
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    • 230 20 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES TTTT7TTTT KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC 9>OK PKdan( Lu*f tar: Oceania Courier 15/5 New*. Madar* Lae, PJAoresby, Wotau. Ratoaii Kieta. Honiara, Jayapva Kyowa Cosmos 7/6 Jayapura, Wewak. Madan|. Lac, PJfcrafcy.; Honiara. Kieta, Rabad MuJ SUN
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  • Page 21 Advertisements
    • 819 21 v PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA SINGA MAJAPAHIT QOWA VOV SIN JKT SBY SIN HKQ KAO *TCH KEE BUS *MUR *MTC YOK KOB KEE 03SB Sated 13/5 14/5 21/5 23/5 24/5 2S/5 27/5 30/5 1/0
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    • 798 21 BENLINE CONTAINERS EXPRESS CONTAINER 51KVIU 10 UK/CONTMNT EXPRESS CONTMNER SERVICE UK/CONTINENT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KKJJEBSEN LINE fc. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACFIC Sin Noun*) San 15/5 8/6 11/ ft Aack/Tav Napwr Tmars BMI 15/6 17/6 19/6
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    • 553 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKOftA LLOYD EXPRESS SEMI CONTAtNERSHIP SERVICES SINGAPORE TO EUROPE Tparal Bremen A'dan/R°4am HW| VESSEL 13/5 I 11/0 IJ/6 16/S S pare Gama Bfeao le HavreLdn Um/UMHte| GANDA BHAKTI Vl5-NB 2-4/« 3/7 10/7 13/7 15/7
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    • 378 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadnf for Rangoon Pun mm *Sttway ¥?4 tfedurf.* (My V* 17/19 H>r 29/30Iby 16/10 Iby (P. <-*«*! BANK LINE EPBESS Sao-CQWTI BiHßgtt lo B£ STORE ROAM THAIASSM MAM 14/5 10/6 MEAOONBAfK VION 16/5 9/6 TAMAITAI SAMOA ¥7 21/5 16/6 CLYDEBANK VI7N
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  • Page 22 Advertisements
    • 1217 22 ECUADOR/PERU/CHILE FEEDER *51 MOT** *SL IOHORE HHDGE *55 IMUECO *0721 *jKline KAWASAKI KISEN KAISHA, LTD. SPORE PKLG PNG SPORE KOBE GUAYAQI* CALLAO ARICA IQUQUE AfAGASTA SANTONB «ALP«AISO 13 May 14 May IS Mi, 17 Mi* lt» M 15 M 1(M 17 M KM TAIWAN-JAPAN-CHINA-MANILA AISO ACOTTIK: SHANGHAI. HSMGXANG. MOA NANA.
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    • 664 22 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Smjapoie PW«| Penanj loadm( tor t O MANNR" V 27-M 15 May "RAMMS V 22 H IS Hair CiM hrtii "CM.MM" *25 15 May 13 Hit Maeas/CGa^/HMia/CdcMta KUDU' «ISM 2t Miy lb*»/C-C«t/Mri*/C*rfb tsnam* (4 31 Hay 21 May Ma*at/C-C«|/IW*a/CifcaMa INDIA SERVICE Accepting FCL
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    • 761 22 GOLDEN LINE GUAN GUAM SMPFMG (PTE) LTD 2J. IM »r« SlrMt murm iim ra snj*t (it lhes) STRAITS/PERSIAN OIF SERVICE: s PM SOLOEN KM Colomdo Ki'»chi< Diilxji Doha BjJmjki 11/14 Mm 6OLDOIMKN Cofcxnbo lU<*h. Bomt»* [)übai 25/2« Mw PManf Penaaf CHMA OCEAN SHPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA
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    • 462 22 INTRASEA (PTE) LTD 10 Arisor Road *27-16 Pla/a S nqaoo'e 0207 Tel *****1 1 (ICt> r <**s BREAKBUIK SERVICE TO EUROPE/UK rpm P. STJEfO* 88K907 AMLLA BBK9OS 14/5 17/5 SEnmn/mm ROT ANT/«(AWN) rnmsu <fii) lit no NNTAK 9MB CO MR. I MIME 9VPME CO MM. I S 77*411 71*711 CISISI/2
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  • Page 23 Advertisements
    • 587 23 NOL NEPTUNE ORIENT LINES LTD S'p»e NEPTUNE AGENCIS PTE. LTD 14 Hi (Met Imraia CfS BOOKHCS 271M77 ff 01/MBT fPA/SEA *****77 *****22 *****53 OA OMCT IMS *****53 *****42 Bjh™ HARPER MRA SON. BM> '*100 t. KM** HARPER MM SON. BW. *«72Q1 ******1 t lira HARPER MRA SON BHD Pnunf HARPER
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    • 494 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN, INCHON 7 Ovum (44N No 7 Dnai/(OSN 27/t <,PiW( »!,(NTS WPTUW *Gf NCIf S Plf lID TH *****77 ?7gS4}4 fßookmfst ???7SIO I Operations l 2?7?til ??09?84 < Terminal I ??o?«so ??n?bo4 (CfS) TUNAS SfTIA SDN BHO K1
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    • 593 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****33 (15 Lines) Cable Address SINSOV SMGAPOtt Telex Numbers RS ***** RS ***** RS 2510S f. KELANG PFNANC M/S SHARK IT NM< SOON SON. BW IST ANO 2NO FLOOR jgg m THONG BffM 177
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    • 66 23 af K&S LINE JAPAN STRAITS SE RVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Road #06-01 Ng Teow Yhe® Didg S pore 0923 Tel 235 MA4 (4 line#). P<xt Tifa Pmj Shippr Sdn Bhd If) 03 <B"o.'i Prnang Malaysia Trjdf K Irjnspor' ltd Trl 04 T 84 < Pjsk Uudjng
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  • Page 24 Advertisements
    • 346 24 REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) rZ—-i-Ti'iirgna incsiEEza C53E223 Q521E5151 Q1Z3823 J2dEE23 C2E3EIfi3 wwwrm* TO SOUTH THAILAND m UB KlirU UILM FTTE n MALACCA STRAITS FEEDER SERVICE TWICE MEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTMGHTLY TO BELAWAN ■rnnMicTß it* C* r* 111 I II I IMI 111 1 11 —r
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  • Page 24 Miscellaneous
    • 167 24 Regional Weather n N nmu m s I IS OsJ oa^ i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND Wind direction with speed m knots Wave height R Thunderstorm Temperature C V Shower Weather Wind direction with speed m knots Rotn Wove height Cloudy Sky Surfoce
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  • Page 25 Advertisements
    • 105 25 use MEMOES K. LUMPUR P. KELANG POMNG P. GUDANG J. BAHAWJ MS*™* 242SGSI/*****54/*****41/*****93 *****1/4 TDMHM. 3H311/2 < *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****4/2211M/*****5 FAR FAST/EUROPE CONTAINER SERVICE BPIEJUEEI I fTB [JB 2MI r T T3M DOB JUB EU [HM LiJI MfUICMFiTI IfTriBIMBMigiIMCIZIIIPIIEIMIIZI n J 1 atmura 11 ii'-'imnTa 11 :.r. <itriry ALSO ACCEPTMG
      105 words
    • 71 25 <iQ2£> TFS ■\E INTERNATIONAL TRANSOCEAN (Ml SDN. BHD On ly <?rul tlr P»»n,inq Tf»| f, 1044S TI« MA 40 710 TfSP(» fi.N■ 04 b.VTJS COLUMBUS LINE REEDEREI GMBH ASfh.KI (>| HAMRI IRC, SUD> *V FXPRFSS SF Ml CONTAINFR SFRVICF 10 FIVII. 'H I' I.M IM.\ 'I'" FORTHBANK VI6S TOANA MUGIM
      71 words
    • 114 25 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) P KG FEEDER VESSEL PEN X) GRANGEMOUTH 1) KTSEIU.ES 2) RDAM 3) LONDON (SCOTLAND) S) GOTHENBURG Ma*/IX H MR/14C+ ■B—/IM* ft. Dtpu lU B Smtm/ 17C" Srf*fc/181 1 HMkMR/m TO RED SEA-MEDITERRANEAN CASABLANCA TO HONG KONG-TAIWAN-JAPAN -CHINA* FROM EUROPE VESSEL *m/1K N Mkn/ltt
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  • Page 26 Advertisements
    • 347 26 X: os ff MitsuiOSK.Lines JLtd a r A CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO t NEDLLOYD MO JI AFRICA MARU ATLAS MARU WEST AFRIC EARNEST VENTURE HIMALAYA MARU 15 May Mombasa. Daressalaam 26 May Port Louis. Reunion 2 Jun Mombasa. Daressalaam. Tanga P. Noire, Abidjan. Apapa. P Noire. Abidjan, Monrovia. Apapa. Warri, Lome.
      347 words