The Business Times, 14 May 1986
1986-05-14
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The Business Times
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Title Section13 1986-05-14 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, MAY 14, 198 C 75 CENTS13 words
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298 1986-05-14 1 KUWAIT has served notice on Western financial markets that it is reviewing the spread of its huge foreign assets and may shift funds to communist states and the Third World. Finance Minister Jassim Mohammed al-Khorafi, citing both political and economic factors for the move,298 words
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Article50 1986-05-14 1 Reuter LIBYA needs more support from the Islamic and NonAligned world if it is to avoid being pushed into the Warsaw Pact as a defence against the US, Abdul Ati Ibrahim alObaidi, a special envoy of Libyan leader Colonel Muammar Gaddafi, said in Dhaka yesterday. ReuterReuter - 50 words
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574 1986-05-14 1 BOEY KIT YIN - Expansion will create 300 jobs By BOEY KIT YIN AS PART OF A MAJOR DRIVE to* raise its share of the AsianPacific micro-chip market, Italian semiconductor giant SGS is planning to invest a further $200 million in Singapore over the next three574 words
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519 1986-05-14 1 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent PROPOSED CHANGES to the trading system for government bonds and Treasury bills would add depth and liquidity to Singapore's capital market, said bankers and bond dealers yesterday. But more skilled manpower would be needed to cope with a519 words
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Article68 1986-05-14 1 "WHO WILL BE so stupid as to put good money into broking firms at a time of uncertainty in the industry and the stock market?" asks a market observer. Does the future of the stockbroking industry really belong to the Big Four local banks? as one veteran68 words
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64 1986-05-14 1 AFP THAI Supreme Commander General Arthit Kamlang-ek has ordered the military to be neutral in upcoming general elections in what observers in Bangkok see as an effort to downplay growing speculation about his political ambitions. General Arthit, who is also the armyAFP - 64 words
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Article, Illustration79 1986-05-14 1 THE WEEK-OLD rally gathered ■■■liiuu yesterday with share by shippiag aad alfleaatly aerees the msderate tradiag. The Straits Times ladastrfal ladex Increased 7.21 psiats to WIM while the BT Csmpsstte ladex added M 7 psists to 5*1.18. Ike ST lad ex has rtoea by 4J per eeat riaee79 words
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347 1986-05-14 1 NORWAY'S Prime Minister Gro Harlem Brundtland, in a sharp break from past Norwegian policy, yesterday said her five-day-old Labour Party Cabinet was willing to cooperate with Opec in a bid to boost sagging world oil prices. "If Opec nations reach agreement on347 words
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130 1986-05-14 1 TAIWAN has reversed a 37-year ban on contact with the communist mainland and agreed to hold direct talks with Beijing in an attempt to get back a China Air Lines Jumbo Jet diverted to China. Political observers viewed the move as highly significant.130 words
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536 1986-05-14 1 LOH HUI YIN - By LOH HUI YIN A SUBSTANTIAL investment of almost |180 million by Asahi Glass could be in the balance if Singapore does not prove to be as competitive as other newly industrialised countries in Asia. The grim possibility that Singapore may lose536 words
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Page 1 Advertisements
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Advertisement173 1986-05-14 1 Cahners Exposition Group CB3 The Exhibition People IBS offers a full range of banking services to meet yourneeds Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan programme that makes it easier for you to own a home Ml Account the fixed173 words
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Advertisement243 1986-05-14 1 mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER AIRCRAFT SCHEDULE CROSSWOROS TV A RADIO BRISTOW OUR VIEW THE JUST-CONCLUDED parliamentary elections in Bangladesh were marred by charges, made by observers both local and foreign, of large-scale intimidation and fraud. While such charges would be bad for any poll, they243 words
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Advertisement164 1986-05-14 1 If you're 50 and above, we'll give you $50 to spend at Seafood Theatre Restaurant At 50, you've no doubt dined at many fine restaurants. Now savour the finest Cantonese-Thai cuisine there is at the Seafood Theatre Restaurant. We're confident you'll approve. And in appreciation, we'll give you a $50164 words
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Advertisement23 1986-05-14 1 August 26-29,1986 World Trade Centre, Singapore The ExNbrtion Paopte -='>[("@>$'^`{`-%|+|*!&+];:!\-* Shipping Timos comti m a nparat* section today, Makf sura you got your copy.23 words
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HOME NEWS
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452 1986-05-14 2 JAIME LYE - By JAIME LYE A PACKAGE of incentives to boost Singapore as an international exhibition centre is being worked out by the Trade Development Board. This was disclosed by Dr Lee Boon Yang, the Minister of State (Trade and Industry Ministry), at the opening of the452 words
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Article51 1986-05-14 2 IN YESTERDAY'S story, "Saatchi takeover may mean loss of Colgate account", Mr Mike Rollins of Saatchi ft Saatchi Compton was reported as being the agency's chairman and managing director. He is Saatchi's chairman. Miss Linda Locke is Saatchi's managing director and chief executive officer. We apologise for the51 words
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Article, Illustration299 1986-05-14 2 THE FEAR that architects could be replaced by advanced computer systems which can think and design was not supported by a paper to be presented at an international architects' conference. While the current economic downturn may lead to some architects losing their jobs, com-puter-aided design299 words
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272 1986-05-14 2 And now snails' eggs caviar to whet the appetite GOURMET FOOD can be classified, more or less, as foods which appeal to a select few. The highlight of such delights is no doubt caviar, or to put it mundanely thousands of rather salty unborn fish. Now, aficionados need not wait272 words
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Article45 1986-05-14 2 IN ITS press release on the second construction mission to China, released earlier this week, the Trade Development Board referred to the Ministry of Rural Economic Relations and Trade. The correct name is the Ministry of Foreign Economic Relations and Trade.45 words
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549 1986-05-14 2 SAID ABDULLAH - By SAID ABDULLAH A LOCAL MANUFACTURER of electronic flash equipment and photographic accessories is spending $4.5 million on a new factory to cope with stronger demand. Sensor Products recently secured from Europe a $4 million order for 100,000 units of its first Singapore-made549 words
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Article396 1986-05-14 2 SINGAPORE HAS PROPOSED air talks with several countries over the next few months to review or liberalise bilateral air services agreement (ASA). Leading the list is a round of talks with the Soviet Union, scheduled for May 20-22. This will be followed by talks with396 words
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308 1986-05-14 3 MORE THAN 100,000 light bulbs will brighten up the streets during the Singapore Hari Raya Festival '86. The big switch-on is on May 24 along stretches of Geylang and Changi Roads and the vicinity. Celebrations for the Muslim religious festival will include a bazaar308 words
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Article85 1986-05-14 3 THE IMAGE of helicopters as strictly military aircraft may change after next week if the Singapore chapter of the American Helicopter Society (AHS) has its way. It has declared May 21 Singapore Helicopter Day. The AHS and the US embassy's foreign commercial service are co-sponsoring a half-day seminar85 words
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Article348 1986-05-14 3 ANNA TEO - Japanese experts suggest value-added method By ANNA TEO THE VALUE-ADDED WAY of sharing company earnings with workers leads to increases in profits and wages and should be adopted in Singapore, according to two Japanese productivity experts. R Magota, the executive director of the Japan Wages Research348 words
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423 1986-05-14 3 GOOD PROFITS in the last two quarters have enabled tape drive maker Archive Singapore to share its earnings with its workers. The American company has also set aside the savings from the employers' 15-point Central Provident Fund cut as a year-end Incentive for higher423 words
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450 1986-05-14 3 SINGAPORE FESTIVAL OF ARTS COUNTER ticket sales for the Arts Festival start tomorrow, with the organisers at maximum readiness to ensure that there will be no repeat of the 10-hour long queues seen at the last festival. "We learn from our mistakes," said450 words
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158 1986-05-14 3 ELECTRONIC WARFARE systems will be featured in two exhibitions next January at the World Trade Centre. Electronics for National Security Asia (ENSA) '87 and International Naval Technology Exposition 1987 (NAVTEC), which will run concurrently from Jan 15 to 17, will show some of the158 words
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Page 2 Advertisements
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Advertisement156 1986-05-14 2 _"]!.]},["+$*+|=::))~^<'+^;"~$] How to buy a chair custom-designed for your job i A chair for the VDU operator or the typist... a high-back recliner for the MD Ta Bf Chairs for meetings conference rooms... chairs you can raise or lower iff i chairs for visitors and I I chairs that stack156 words
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Page 3 Advertisements
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Advertisement187 1986-05-14 3 PARI! "The world's best seafood is found in the French countryside. True. The best seafood in France is found in those little restaurants on the coast, away from the city. True. Seafood lovers of Paris drive there to indulge themselves at every opportunity. True. The country drive, fresh you can187 words
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Advertisement276 1986-05-14 3 Standard monitoring your money Through our Standard Chartered dealing centres in 20 key cities around the world we offer you Globewatch our 24-hour dealing service that allows us to accept your target' or 'stop loss' orders and to monitor them for you around the clock according to your instructions. This276 words
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OVERSEAS
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Article801 1986-05-14 4 ARRIVALS Operator Service number Local time From SIA UA SIA SIA MAS SIA KAL SQ117 UA805 SQ41 SQ41I MH681 SQ47 KE624 0005 0010 0620 0745 0820 0825 0840 KUL JFK/SFO/HKG MAA BOM KUL DEL •KUL MAS MAS SIA CPA RBA GIA MH811 MH67I SQ103 CX7I0 BI421 GA960801 words
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547 1986-05-14 4 Reuter JAPAN, anxious to relieve its economy from the impact of a surging yen, may seek early use of a new international scheme for closer economic coordination to defuse the problem, Reagan administration officials say. But it may take the rest of this yearReuter - 547 words
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361 1986-05-14 4 Reuter, NYT IN A VICTORY for Union Carbide and a defeat for the government of India, a US judge has ruled that lawsuits brought by the victims and relatives of the 1984 Bhopal gas disaster should be heard in India. "ThisReuter,; NYT - 361 words
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Article, Illustration239 1986-05-14 4 AFP INTERVENTION by the rest of the world is South Africa's "last chance" to avoid "catastrophe". South African black leader Desmond Tutu, the winner of the Nobel Peace Prize and Anglican Archbishop-elect of Johannesburg, said in Vienna on Monday that he was "dead scared" of whatAFP - 239 words
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Article341 1986-05-14 4 A SENIOR Soviet official has made clear that radiation is still leaking from the damaged Chernobyl nuclear reactor and says the clean-up operation around the plant could take months. The communist party daily Pravda yesterday quoted Ivan Silayev, a deputy premier, as saying that although the341 words
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455 1986-05-14 4 AFP THE South Pacific has become a battleground for Australia's major media groups, all anxious to secure a toehold in a vast untapped television market. Fiji and Papua New Guinea the two most populous nations of the South Pacific have already signedAFP - 455 words
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404 1986-05-14 4 UPI WITH DEVELOPMENT in the Third World virtually halted by the magnitude of the international debt, poor nations need an "optimal mix" of economic programmes which take into account local values, said an Israeli agronomist on Monday. Raanan Weitz, the head of theUPI - 404 words
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398 1986-05-14 4 A RECENT Canadian court decision extending Canadian copyright law to computer software has struck a major blow at organised software piracy in Canada. The landmark ruling in favour of Apple Computer Inc is believed to be the first of its kind in398 words
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Page 4 Advertisements
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Advertisement146 1986-05-14 4 LONDON Every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canada at *****55 or your Trove,A9en AIR CANADA 0 One word that means a great deal in anyone's Hertz. Travelling overseas? Then book your Hertz146 words
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Advertisement7 1986-05-14 4 Doonesbury hat been delayed in the mail7 words
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Advertisement50 1986-05-14 4 MADRAS on AIR-INDIA'S EXECUTIVE CLASS Hotels Worldwide Call *****55 Kuala Lumpur Bangkok Hong Kong Fiji Sydney Melbourne New York City Chicago Albuquerque Auckland London Dusseldorf Okinawa Beverly Hills OPENING SOON Taipei REGENT INTERNATIONAL HOTELS Sales A: Reservations Office: 230 Orchard Road «0~-230 Faber House. Singapore 0923. Tlx: REGTEL RS *****.50 words
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Page 5 Advertisements
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Advertisement126 1986-05-14 5 'As the fragrant clouds of steam rise, the anticipation of the pleasure it will impart is, for me, satisfaction enough." mi «\T VHLT /mrc YAU CHUNG CHANG DIAN XIN CHEF The new menu at Shang Palace lists over a hundred specialties, from Dian Xin (Tim Sum) to Lobster in Honeydew126 words
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TRAINING & DEVELOPMENT
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780 1986-05-14 6 ANNA TEO - By ANNA TEO A GROUP OF Singapore trainers has completed the first phase of a comprehensive national survey on what levels of competency are needed in the profession. The study, involving hundreds of top executives and training personnel as well as eight major780 words
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Article, Illustration837 1986-05-14 6 TSANG SAU YIN - By TSANG SAU YIN JAPANESE COMPANIES are finding it more difficult to maintain the senioritybased promotion system within the framework of lifelong employment. While the inclination towards the seniority system is still strong, Norihiko Suzuki, a lecturer from the Department of Business Administration,837 words
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Article130 1986-05-14 6 IDEAS on "Buying Right and Selling Right" culled from retailers from Asia will be presented at a seminar to be held at the Singapore Retail Merchants Association Training Centre tomorrow. The focus will be on how to lift the retail trade from the doldrums.130 words
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Article57 1986-05-14 6 THE Department of Extramural Studies of the NUS will conduct two workshops. Introduction to Singapore Income Tax and Just-In-Time Manufacturing, starting next week. The tax course starts on May 20. Course fee is $130. JIT manufacturing starts on May 17. The fee is $75. For inquiries,57 words
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Article792 1986-05-14 6 Seminars and i c Tel: *****13 Courses V. J txposction Tlx: RS ***** 1 Group Fax: *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Moy 29-30 Time Manager Seminar Century Pork Advanced Training *****22 Sheraton Techniques (S) Pte Ltd Moy 29-30 Managing Relating SIM Conference Singapore *****66 Styles Room Institute792 words
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Page 6 Advertisements
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Advertisement242 1986-05-14 6 The Most Hall in Town is Now Available to One Bank, a Maybe, Your Bank. In the heart of the banking financial district Highly visible CORNER ground floor banking hall with vault Approx 30.456 sq ft caii 221 8780. 221 0915 or 221 2868 for lease applications further details. "technology242 words
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SPORTS
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Article, Illustration438 1986-05-14 7 WALTON MORAIS - By WALTON MORAIS PHILIPPINES OPEN winner Mario Manubay faces sanction from the Malaysian Professional Golfers Association, including possible exclusion from the lucrative Malaysian circuit following an incident at the Sabah Masters two weeks ago. This comes after the 27-year-old had almost caused a boycott of the438 words
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Article, Illustration831 1986-05-14 7 NYT IT IS DURING the times when he is playing his best that Yannick Noah becomes ambivalent about success. Victory raises questions about his goals in tennis that Noah is not sure he can answer. Victory makes demands on his private life thatNYT - 831 words
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Article88 1986-05-14 7 AP WEST GERMANY'S Bettina Bunge recovered from a weak start to defeat Czechoslovakia's Andrea Holikova 3-6, 6-3, 6-1 on Monday in the first round of the US$l5O,OOO German women's championship. Bunge, ranked 28th in world standings, began with an errorfilled first set, but took control inAP - 88 words
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Article327 1986-05-14 7 Reuter WORLD NUMBER TWO Mats Wilander of Sweden, rested after a week out of match play, cruised through to the second round of the Italian Open on Monday, beating Jimmy Brown of the United States 6-2 6-2. Wilander is among five of the world's top eightReuter - 327 words
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Article, Illustration376 1986-05-14 7 WORLD CUP '86 AFP KENNY DALGLISH has been forced to pull out of Scotland's squad for the World Cup finals owing to a knee injury. Dalglish, player-manager of the Liverpool side which won the English League and Cup double, gave Scottish manager AlexAFP - 376 words
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Article, Illustration392 1986-05-14 7 AP CALVIN PEETE leads the scoring average on the Professional Golfers' Association tour with 69.74, ahead of such names, as Bernhard Langer (70.12), Greg Norman (70.20) and Tom Watson (70,29). The following are the statistical leaders on the PGA tour through the Byron NelsonAP - 392 words
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763 1986-05-14 7 NYT THE HORSE that wins the Kentucky Derby presumably has beaten the best 3-year-olds around and deserves to be favoured to do it again in the Preakness Stakes two weeks later. This year, for the first time since 1970, that may not happen.NYT - 763 words
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Page 7 Miscellaneous
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Miscellaneous1194 1986-05-14 7 to sm mm IS THERE ONE WHO iINbERSTANDS ME? The World of James Joyce Bpm, Channel 12 This is a major and authoritative documentary on the life of James Joyce (1882 —1941, left), whose novel Ulysses is generally regarded as a masterpiece of world literature. The film was shot entirely1,194 words
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FEATURES
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Article489 1986-05-14 8 THERE MUST HAVE been a time when election rigging was still an art, and a rather discreet one, too. Now that it has become a public science, everyone seems to have the same rules on when to buy voters and when to use the stick, when489 words
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Article, Illustration1337 1986-05-14 8 NAJEEB JARHOM - By NAJEEB JARHOM THE WORST may be over for Singapore's beleaguered stockbrokers at least for the time being. The crisis triggered off by the collapse of Pan-Electric Industries has claimed four casualties so far and seriously affected the operations of another two. These are companies1,337 words
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Article762 1986-05-14 8 letter te the Editor Dear Sir, One hopes that the scenario described below will never be enacted. But after watching and, more importantly, listening to the commentary on some of the recent football matches shown by SBC, there remains a distant (but nonetheless, grim) possibility of762 words
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Page 8 Advertisements
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Advertisement118 1986-05-14 8 GOURMET SEAFOOD WORTH/THE King Prawn raviole \J Seabass stewed with prawns Poached Scallop Saint Jacques Sa;mon with shiitake mushroom sauce ou can these epicurean delights and more during f our Gourmet Seafood Promotion. And as well know, Gourmet CATCH you may at Le this luxury can i he enjoyed without118 words
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Advertisement136 1986-05-14 8 EI Knight Frank ChtHHig Hock hw Raillieu FACTORIES FOR SALE 24 Senoko Loop Open-sided workshop with overhead cranes Building 1 Building 2 Land area 2152 sq m 2828 sq m Building area 710 sq m 1323 sq m 31 1 Lokyang Way Prominent Location Land area: ***** sq m Building136 words
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Page 8 Miscellaneous
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Miscellaneous305 1986-05-14 8 WSKWKHDiai CRYPTIC PUZZLE ACROSS I Use explosives on a bndgeheod (5) 6 A plont sprang up (5) 9 Revel in a vehicle by the river (7) 10 Almost o racing dog, possibly' (5) 11 It's bod, though not m bod English (5) 12 Keen to toke o key port? (5)305 words
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Miscellaneous353 1986-05-14 8 26 House's direction by rood (4) 28 Dogs (not only greyhounds) do it (3) EASY PUZZLE ACROSS 1 Froth (5) 6 Lithe (5) 9 Performer (7) 10 Girl's nome (5) 11 Torso (5) 12 Water vapour (5) 13 Treatment (7) 15 Sheep's cry (3) 17 Actor's port (4) 18 Angel353 words
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Miscellaneous33 1986-05-14 8 U)CXL UJ€.U_, rnR &«fcN TUeFißrn's CPvßeTftKt^ RnStCMTftaaic wHftT DID IVjOPMMT "P Jiciei£ He CPvme IN "ID CHCXX VTUe. RP\OfVr"oR.S. HO KNOUXNG. OUR CROWO He U)fVJTfeX> TO RRC "TO rnßice SO«jE: TViey srnu_ u>orjcing33 words
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Page 9 Advertisements
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Page 10 Advertisements
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Advertisement121 1986-05-14 10 mi jiVV .1 Vr" t 'H S*£&£& ir-a* I ssan •*>• *r -V 5 Kpt «&jf A. s4L ft ft -*»<■*. V aMfc2S jttKlfliSal--1&* i i m mm 4& w f f v '4 r *S <* X »J-ir*. •Tat x-* vfv*r; UTT: n *,jjtj: r i :#ci«u so r>v;121 words
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Page 11 Advertisements
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Advertisement307 1986-05-14 11 v mm. v V,.. •aSsj^SiC (s&ss£ w^"- s '-:-v>- >' 't-V.W V rj. is-. 30 i- -i.; C. J V. T* MP U s 8 \t <•.. .*0 «r* \l i •'i J~ r 7+ i; J— > t rJwm m 4> jtc if '7jfii V -V. > 4 i307 words
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INTERNATIONAL STOCKS
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508 1986-05-14 12 Reuter ANTHONY SOLOMON, the former president of the Federal Reserve Bank of New York, has said there is little doubt that qualified foreign firms will be allowed to join the exclusive ctob of primary dealers in US government securities, possibly byReuter - 508 words
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321 1986-05-14 12 Reuter THE WALL STREET stock market on Monday (altered at the close after a comeback which started last week failed to gain much following. The market has been pinned in a small range for weeks, owing to declining optimism over interest rates andReuter - 321 words
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Article139 1986-05-14 12 MAY 12 c$ Inco 18 Int Pro* P*>« 44 unch lu Infi 22 Abrrt* 25 16 Alcon 40*4 unch AJgomo 33 H Mouty Farg 3* Bank Nova Scoho 14* Mc »odei 35* unch EM Canada 39** 27* Bp Rmoutcm 28* 34* Broscon CI A 24* 18* Can Imp Bk139 words
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Article201 1986-05-14 12 MAY 12 Taut 8k 145 2 Un St««l 65 -5 INDUSTRIALS WooWtvi ***** 25 A Afcho MININGS Ab#rcom 205 inch At<i 1100 Anglo* 4185 -15 Amaprop AMC 500 4300 unch 300 Angvoal 1700 1700 Buftcfc 7050 C G Smith 2850 50 Charter 1170 -30 CNA 200 -5 Com Gold201 words
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Article667 1986-05-14 12 MAY 12 US* Atcan AJumn 29* Alcoo 39* Abg IriM 23 unch AM Sag 48* •1* AIM Stor M 42* AfcOnhan 5* Am Brandt Inc 93 -2* Am Can Co 70* Am Cyanamd 70* •2 Am Elac P»r 24* unch Am Expra» SB* Am Homa Prod 81* Am667 words
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Article648 1986-05-14 12 Amsterdam MAT 12 Ffc ABN 547 00 -7 101 00 -2 Ahotd 75 30 -2.4 154 00 -2 8 AM£V 74 20 -1.3 95 70 -13 Ah S»od 119 50 -1.5 Baikal 30 90 0 4 Bonumq 654 00 -14 Bua+vman Tatt* roda 154 00 -2 590 00648 words
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128 1986-05-14 12 THE British government has decided to exclude shares in unquoted companies, including those traded on the unlisted securities market (USM), from investments allowed under its proposed personal equity scheme. Details of the scheme, published in a prospectus (or plan managers, say investments must128 words
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Page 12 Advertisements
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Advertisement595 1986-05-14 12 Wliiere id wim, iiia« m 4 entertain Sv •flbpcutagu* ...the, king oft mgetabUs Airflown fresh from France, only the best handpicked asparagus is served. As appetizers, soups and main courses. From May 1 to 31. At Baron's Tible. The usual a la carte menu is also available. For reservations, please595 words
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Advertisement58 1986-05-14 12 Zurich MAY Happenings at Claret Grill II JT-u*M v 4 i Daily Specials Come and have a supervalue luncheon special at only $22 per person Or enjoy a 4-course dinner special for only $25 per person. MAY Specials Hemeken Beer or ABC Extra Stout at I only $5-90 OAHCHI HOTEL58 words
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ASIAN STOCKS
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Article415 1986-05-14 13 HONGKONG: Stock prices yesterday closed sharply lower following Monday's weak London close, with heavy stop-loss selling by small investors. The Hang Seng Index lost 28.77 points to 1,803.73 and the Hongkong Index fell 18.04 to 1,122.45. Investors were disappointed that funds returned to unsuccessful applicants for Cathay Pacific's public415 words
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Article251 1986-05-14 13 MAY 13 Al Sincere Indus Asm Cement Cothoy Cora Chang Hwo Bank MT 2 45 24 30 30.30 43 90 27 00 -06 -0 03 -0.1 -03 0 1 Kuochon Dev Lm Chang Yuen Chem Indus Lien Hwo Indus Nan Yo Plas Pacific Cora 20 00 2480 12 80251 words
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Article454 1986-05-14 13 TOKYO: Share prices yesterday fell sharply in moderate trading as worries over the yen's rise' and the rapidity of the market's recent gains dampened enthusiasm. The Market Average dropped as much as 188.94 in early afternoon trading but came back to end down 122.97, at 15,982.26. Turnover was a454 words
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Article81 1986-05-14 13 MAY 13 Peso* PNI Overseas 0015 ♦ooou Ptvte* B ai7 -0 005 Pic op B Acote Mining Anglo PhJ 77 unch Apex Mvvng B 0 011 -0 099 PLDT Son M»goel B -1 Artos Con B 14 unch Boguto Gold Bosk Petroleum Seofront 9 80 unch 80 30 S*ne81 words
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Article320 1986-05-14 13 SYDNEY: Sharemarkets yesterday closed sharply lower after the release of worse-than-expected April current account triggered increased profit-taking. At the close, the All Ordinaries Index was down 16.7 at 1201.8 after reaching a low of 1194.1. The All Industrials Index fell 33.4 to 1997.1, the All Resources Index 4.4 to320 words
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Article68 1986-05-14 13 MAY 13 Won Hyundoi Con»t Hyundai Motor 920 2029 1 +9 Bonk Seoul 699 -1 KAL 1032 26 646 -32 Korea Fr»t 700 -10 700 ■6 2430 4«> 535 -5 416 5 830 1079 14 1275 •14 Sarmung Co 1060 10 485 t 2020 GoW Star 1285 +5 105068 words
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Article144 1986-05-14 13 BANGKOK: The Securities Exchange of Thailand Index yesterday rose 0.24 point to 129.67. Turnover was 117,069 shares valued at 20.6 million baht. MAT 13 Ao Kham Thai ASM '<xf Mm Strmuk Sam Cement Sam C it i2 en* Sam Citizens 465 su>p unch Ayudhyo ktvesfment Bangkok Agro-tnd ffl nn144 words
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Article58 1986-05-14 13 AFP BRITISH TELECOMMUNICATIONS PLC (BT) is planning to list its stocks on the Tokyo Stock Exchange. Japanese Finance Ministry officials said on Monday the Tokyo exchange has applied to the ministry to approve the listing of the British company stocks on the market. Exchange officials saidAFP - 58 words
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266 1986-05-14 13 Reuter SAN MIGUEL CORP acting chairman Andres Soriano m defended the purchase of 33 million shares of the company from businessman Eduardo Cojuangco and said it had been done to stabilise the company. Mr Soriano told stockholders yesterday that he could have purchased the sharesReuter - 266 words
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178 1986-05-14 13 Reuter THE BROKEN HILL Pty Co Ltd (BHP) urged shareholders to reject the enhanced partial offer by Bell Resources Ltd of A 59.20 a share» cum-dividend. "The Bell offer of 19.00 ex-divi-dend still is inadequate. Shareholders are advised not to accept itReuter - 178 words
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354 1986-05-14 13 FT LEADING international banks, increasingly dissatisfied with the pace of financial liberalisation in Japan, are now seeking widespread diplomatic support in «tier to step up the pressure on Japan to change its ways. The Institute of Foreign Bankers, which represents leading foreign banks inFT - 354 words
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Page 13 Advertisements
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Advertisement592 1986-05-14 13 Is i M, te omi «aMi) For a Beranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only Ssl4.oo++ per person. The Luna Coffee House, Apollo Singapore.592 words
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Advertisement99 1986-05-14 13 f Ytl >• 2 Live Bills Nlflittyi spm lam (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Dally) It's a real happy time! Just buy a drink and get the second FREE (except premium brands) KBH mm Wtll known band VflM 9H CAIRNHILL TRIO99 words
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BANKING AND FINANCE
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Article, Illustration385 1986-05-14 14 BRIAN GOMEZ - Move to promote company loyalty among staff By BRIAN GOMEZ OVERSEA-CHINESE Banking Corporation has become the first Singapore bank to propose a share option scheme for highperforming company executives. The scheme, which will apply to more than 400 executives out of a staff of385 words
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288 1986-05-14 14 Reuter THE US TREASURY said on Monday that its weekly auction of three-month bills produced an average rate of 6.07 per cent, with a 6.10 per cent rate on sixmonth bills. The average rates of threeand six-month bills sold last week wereReuter - 288 words
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99 1986-05-14 14 Reuter THE CENTRAL BANK will issue NT$6 billion worth of certificates of deposits (CDs), and $4 billion worth of Treasury bills tomorrow. A bank spokesman said in Taipei yesterday that the CDs, repayable in two to three years, have a fixed rate ofReuter - 99 words
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Article515 1986-05-14 14 NYT GROWING CONCERNS about the risks of innovative financial practices by banks were expressed at a forum held last week by the Federal Reserve. And although no firm conclusions were reached, the Fed officials reportedly hinted to the bankers in attendance that major changes inNYT - 515 words
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159 1986-05-14 14 Reuter PRESIDENT REAGAN will nominate Federal Reserve Board governor Manuel Johnson to be the central bank's vicechairman and has selected Californian banker Robert Heller for a spot on the board, according to the White House. Both vacancies arise from Preston Martin's resignation from theReuter - 159 words
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517 1986-05-14 14 NYT BOND MARKET participants have not abandoned forecasts that a weak economy will lead to renewed declines in interest rates. But there is growing recognition that recent increases in oil prices and rapid money-supply growth will make rate declines more difficult to achieve.NYT - 517 words
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193 1986-05-14 14 UPI BANK OF JAPAN governor Satoshi Sumita has ruled out another official discount rate cut in spite of calls by business leaders for measures to stimulate the domestic economy. "It (the discount rate) has been lowered three times this year and I am notUPI - 193 words
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288 1986-05-14 14 Reuter THE WEST GERMAN bond market lacks fresh factors to give it clear direction and is likely to move sideways much of this week. However, dealers said underlying sentiment is soft, with the recent flow of foreign funds aimed more at Japan than WestReuter - 288 words
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MONEY AND EXCHANGES
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Article670 1986-05-14 14 SINGAPORE THE US dollar yesterday closed firmer against most major currencies helped mainly by short-covering in moderate trading. Dealers said the market lacked fresh factors but the dollar's sentiment remained bearish. The dollar rose to a late 2.1715/30 marks from an early 2.1620/30 and New York's 2.1650/60 close670 words
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Article, Illustration303 1986-05-14 14 Asian market ASIAN DOLLAR deposit rates yesterday closed firmer. Overnight, Wednesday/Thursday and week fixed closed at a common 7-1/16 6-15/16 per cent. One month closed at 7 6-7/8 per cent, three months at 6-15/16 6-13/16 per cent, six months at 7 6-7/8 per cent, and one year at 7-1/16 6-15/16303 words
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Article303 1986-05-14 14 Interbank rates at 3pm yesterday: CurranciM Nominal 1 ritM Smithsonian Bid Otter croaa parity change Local dollars to 0«tc unit of foreign currency US donor 2 2065 2 2075 ***** -21 74 Sterling pound ***** ***** 7 3469 -53 57 Australian dollar 1 6283 1 6313 3 4286303 words
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Article417 1986-05-14 14 BA Futures EURODOLLAR futures yesterday opened with a bearish tone as technical support points were penetrated in Chicago on Monday night. Added to the bearish tone was the continued weak dollar and higher crude oil prices. A huge sell order at the opening saw the June Eurodollar traded downBA Futures - 417 words
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Article320 1986-05-14 14 HONGKONG: GOLD yesterday closed a shade softer in fairly quiet and dull trading in the absence of fresh factors, dealers said. They said gold trading remained directionless, especially since the US dollar was also searching for a trend ahead of Treasury Secretary James Baker's Congressional Testimony yesterday. The metal320 words
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Article71 1986-05-14 14 THE OVERNIGHT rate on the Singapore interbank money market (ell by 1/4 point from Monday to close at 5 per cent yesterday. The one- and threemonth term rates fell by 1/16 point while the twomonth rate remained unchanged. S$ Interbonk rotes of 7pm yesterdoy: OHcf M 0»f- r»ght71 words
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Page 14 Advertisements
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Advertisement241 1986-05-14 14 NOTICE NOTICE IS HEREBY GIVEN that, I Lim Guan Lee of No. 3, Phonix Garden Singapore 2366 have applied for a First Class Public House (Ext) licence in respect of premises at 06-07, Cuppage Plaza, 5 Koek Road Singapore 0922 and that this application will be heard in Court No241 words
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SHARE INFORMATION
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Article, Illustration4226 1986-05-14 15 BUYING INTEREST in trustee stocks spread to the rest of the Singapore stock market yesterday, including recently-subdued Malaysian counters. Leading the rise were shipping and bank-related stocks. Turnover swelled to 11 million shares worth $21.07 million, its best level in weeks and rises4,226 words
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Article265 1986-05-14 15 SINGAPORE Rises h M CoMas 332 432 rrOwpewte luntoi 175 +28 rUxote. FCLS 223 21 HOt/OS NST 390 20 «T CAW Trocton 126 +17 ITOIV UOI 326 +16 ST Mmtnab OUE 172+15 ST Fiaanc* GMtoifi 366 +12 ST Hot ait Sheagri-Le 212 +11 ST Prapertiat F 4265 words
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Article3536 1986-05-14 15 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 938 0 955) (22) 091 (170) 0 90 (10) 0 904 (I) 0 91 (14)0 92 (6)0 94(7)0 934 (9) 093 Alcorn (0 528 0 58S) (5) 050 Amol Steel 50« (0 604 8 0 6IS) (16) 0 603,536 words
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Article283 1986-05-14 15 Monogers' prices for May 14 Singapore Unit Trust The Commerce 0 79 0 84 The Sovmgs Fund 0 53 0 58 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 Equity Fund 0 36 0283 words
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SHARE INFORMATION
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345 1986-05-14 16 FRESH BUYING support pushed share prices higher across the board at the Kuala Lumpur stock market yesterday. Lower liners and blue chips advanced impressively as buyers moved in after the first hour of trading. The market opened at around overnight levels and buyers moved in345 words
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Article2881 1986-05-14 16 INDUSTRIALS Acmo (0 806) Apnomoto (3 I OS) AMD (3 20S) Alcom (0 625) (1) 0 58 (2) 0 60 (2) 0 61 1 (8) 061 (14) 062 AISB (0 49' *B0 50S) (2) 0 50 API (0 335) (1) 0 32 <3) 0 32'*2,881 words
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Article116 1986-05-14 16 HONGKONG Australian Industrials Hong Kong Index Tuesday 1122.45 Monday 1140 49 Tuesday 1997.1 Monday 2030 2 Week ago 2042 7* Week ago 1155 84 NEW YORK Hang Seng Index Tuesday 1803.73 Monday 1832.50 Week ago 1858 16* Dow Jones Monday 1787.33 Friday 1789 43 Week ago 1793 77116 words
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RAW MATERIALS
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Article742 1986-05-14 16 COFFEE ROBUSTA futures on Monday collapsed to their lowest levels since early December 1985, as a wave of fresh selling and long liquidation found little buying interest. Contracts ended with losses of £110 to £160 a tonne in what was described as a relatively quiet session, with 3,737742 words
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Article210 1986-05-14 16 MALAYSIAN crude palm oil prices were slightly lower yesterday at the close on further light selling activity and buyer reserve, in sympathy with easiness in palm oil futures and a weaker Chicago soyoil futures close on Monday night, dealers said. Trading was again light with minimal price movement,210 words
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Article316 1986-05-14 16 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 169 00 170 OON 169 25 170 25N kit 1 RSS June 86 167 50 168 00 168 00 168 25 kit 1 RSS July 86 167 00 167316 words
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Article107 1986-05-14 16 (cents/kg, l-»on pallets) JUNE 86 JULY 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 156 00 158 00N 156 50 158 SON SSR 50 153 00 155 00N 153 50 155 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 212107 words
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Article66 1986-05-14 16 Bangkok Broken Rice (USS/tonn*. FOB) A-1 Super 115 White Rice A-1 Special C-1 Special 112 unq 100% 1st closs 240 C-1 Ord unq 100% 2nd class 215 Loonzoin Rice 100% 3rd class 210 100% 1st grade unq 5% 200 100% 2nd grade 210 10% 195 190 100% 3rd grade66 words
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Article210 1986-05-14 16 Reuter WHEAT FUTURES on Monday closed eight to 12-1/4 US cents a bushel lower in (airly active dealings on the Chicago Board of Trade. July ended in the bottom half of a 9-1/2 cent range. The market corrected downward once again following last week's gains based on fears aboutReuter - 210 words
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Article190 1986-05-14 16 SOYBEAN FUTURES on Monday closed 3-1/2 to 12-1/2 US cents a bushel lower on the Chicago Board of Trade. November ended near the middle of a 10-1/2 cent range. Prices dropped from the start as the Soviet nuclear accident receded from the headlines and further contamination from the reactor190 words
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Article309 1986-05-14 16 Reuter SINGAPORE THE MARKET yesterday closed firmer with June One RSS buyers quoted at 168.00 cents per kilo, up 1.50 cents from Monday's close. The morning session gained 1.50 cents following higher Japanese advices and some short covering erf nearby positions. Dealers said news that China bought around 300Reuter - 309 words
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Article110 1986-05-14 16 Renter THE KUALA LUMPUR tin prlee yesterday closed nnehaaged (rem Meaday's Msl4.ts per kits, la fairly qniet tradlag, dealer* said. Seme scattered lecal aad Japaaese bnylng helped te steady the market at this level. Bat, total offers of tla fell te 49 teaaes from C 8 ea MondayRenter - 110 words
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Article146 1986-05-14 16 Chines* Produce Robust a 20/25% Exchange Sellers' noon dosing pi FOB NSW 570.00 rices on Nutmeg Moy 13 (SS/100 kg). 110 FOB NSW 1422.00 Coconut oil BWP FOB NSW 1322 00 Bulk FOB 45 00 Gambier Old drum FOB New drum FOB 58 00 62.00 FOB NSW 330146 words
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Page 16 Advertisements
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Advertisement477 1986-05-14 16 r /idfeA OVERSEA-CHINESE BANKING V I CORPORATION LIMITED (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting Notice is hereby given that an Extraordinary General Meeting will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, on Saturday, 7 June 1986, after the conclusion of the477 words
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Advertisement209 1986-05-14 16 NOTICE CHANDRA PASIR PTE LTD (incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap.lBs the Final Meeting of members of the Company will be held On Wednesday 18th June 1986 at 11209 words
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COMPANY NEWS
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Article313 1986-05-14 17 mdq mm™ By HOCK LOCK SIEW THE OVERSEA-CHINESE Banking Corporation achieved double-digit growth in total assets and deposits last year but this was not matched in the annual report and accounts by the profit performance of the diversified group. The poorest figures were atBy HOCK LOCK SIEW - 313 words
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283 1986-05-14 17 HOMER CHEN - By HOMER CHEN SOFT DRINKS and food manufacturer Yeo Hiap Seng hopes to show an improvement this year after suffering a fall in pre-tax profits to $2.49 million in the 15 months to end December ($4.23 million in the 12 months283 words
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Article230 1986-05-14 17 THE TAKEOVER OFFER of Hotel Marco Polo by Sir YK Pao's Hongkong Kowloon Wharf A Godown Company Ltd was extended yesterday, the first closing date, to May 21. The level of acceptances for the offer yesterday was still unknown when BT contacted Wharf's advisers, Wardley Ltd.230 words
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Article, Illustration237 1986-05-14 17 THE Malaysian Airline System (MAS) has begun talks with three international carriers on identifying and enhancing areas of cooperation, according to its latest newsletter "Berita MAS". The newsletter quoted MAS international relations manager Bashir Ahmad as saying the three airlines were Air Canada, Air237 words
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Article885 1986-05-14 17 CONTINUED BUYING in response to last week's sharp declines pushed London share prices higher at the opening yesterday but trading was quiet and appeared to lack conviction. A dealer commented: "The market has been oversold of late and this morning's move just shows prices steadying for the moment.885 words
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Article, Illustration237 1986-05-14 17 SUSPENDED Tan Koon Swan counter, Supreme Corporation, announced two surprise appointments yesterday with the arrival of Datuk Abdullah Mohamed and Datuk Mak Kok on the board. Datuk Abdullah Mohamed, formerly a senior Promet Bhd executive and director, was earlier this year involved in a237 words
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529 1986-05-14 17 NAJEEB JARHOM - Australian company granted secondary listing By NAJEEB JARHOM ONE OF AUSTRALIA'S best performing stocks, FAI Insurance Ltd, has been granted a secondary listing on the Stock Exchange of Singapore. It will be the first Australian company to join the SES trading board.529 words
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Article369 1986-05-14 17 AMY CHEOK - By AMY CHEOK THE FINANCIAL POSITION of two Australian companies linked to the Ambassador Hotel Ltd group are far from encouraging, according to details revealed in another of Ambassador's replies given to the Stock Exchange of Singapore yesterday. Ambassador's fully-owned subsidiary, Ambassador Holdings Pty Ltd (AHPL),369 words
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Article47 1986-05-14 17 MALAYSIA'S new Deputy Prime Minister Abdul Ghafar Baba has resigned as chairman of Pegi Malaysia Bhd with effect from April 30. Succeeding him is Mr Mobd Asri bin Abdul Ghafar. Mr Mobd Sofi bin Abdul Ghafar has been appointed an additional director of the company.47 words
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Page 17 Advertisements
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Advertisement767 1986-05-14 17 BBL BANQUE BRUXELLES LAMBERT SA (QUOTED M MILLIONS OF BELGIAN FRANCS) CONSOLIDATED BALANCE At at arm September ims assets Cosh and balance* with the National Bank and the postal giro system Col money Bonkers Other short-term receivables Commercial bil portfolio Debtors for acceptances Sundry Debtors Securities Pubkc sector Mk and767 words
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Article, Illustration518 1986-05-14 18 JAIME LYE - By JAIME LYE FACED with the prospects of getting involved in a five-star fight for guests, or lowering its standards, SAS International Hotels has cancelled its contract to manage the Amara Hotel in Tanjong Pagar Road. With too many five-star hotels in518 words
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Article, Illustration390 1986-05-14 18 CHUANG PECK MING - fliyapff 54^ HRHH|H||Hrowing rush for workers By CHUANG PECK MING A RECOVERY in the electronics industry is threatening to cause problems for the wage restraint policy. Companies anxious to recruit more workers are torn between toeing the official line and find themselves with too390 words
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176 1986-05-14 18 AP, Reuter THE ELECTION COMMISSION yesterday set up tribunals in each of Bangladesh's 64 districts to investigate alleged fraud and violence in the May 7 parliamentary polls. Re-polling at 218 stations in 36 constituencies is to be completed by May 19, with resultsAP,; Reuter - 176 words
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480 1986-05-14 18 LUCY NG - By LUCY NG THE DOORS to employment in the electronics sector are as wide open today as they were two years ago, but while the number of people walking through has risen, employers still have the same problem480 words
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109 1986-05-14 18 UPI THE THATCHER government is working on a plan to give British workers a tax break if they agree to share in their companies' profits or losses. One idea offered by Chancellor of the Exchequer Nigel, Lawson would involve employeesUPI - 109 words
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Article, Illustration362 1986-05-14 18 AN ADVERTISEMENT appeared in the leading Japanese financial newspaper today as part of the Economic Development Board's all-out strategy to make Singapore the business centre in Asia. The full-page advertisement, in the Nihon Keizai Shim bun, has as its theme stems of bamboo. It is362 words
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Article64 1986-05-14 18 Reuter COMEX GOLD FUTURES dipped US$O.7O in response to a firmer dollar yesterday. Gold for delivery in June held a net loss of $0.70 at $344.80 an ounce. Silver futures lost 4.5 to 4.0 cents on light selling. Silver for delivery in July was off 4.5Reuter - 64 words
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Article60 1986-05-14 18 Reuter WALL STREET stocks were mixed in featureless early trading yesterday after opening slightly higher. The gain in April retail sales failed to trigger any strong positive reaction in bends to aid an upturn in stocks. The Dow Jones Industrial Average was up a fraction of aReuter - 60 words
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LATE FILE
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Article42 1986-05-14 18 Reuter. CHINA wants to quadruple its industrial and agricultural production before the year 2,000 and reach the same level as the industrialised nations by the middle of next century, according to China's Foreign Minister Wu Xueqian. Reuter.Reuter. - 42 words
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Article45 1986-05-14 18 AFP SOUTH KOREA would import more than US$3OO million worth of machinery and chemical materials from the EC in a move to buy more from Western Europe and less from Japan, the Korean Economic Planning Board said yesterday. AFPAFP - 45 words
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46 1986-05-14 18 AP US and Taiwanese officials will meet in Honolulu on May 26-28 to discuss a US proposal to freeze Taiwan's textile exports to the US at last year's level for three years, said Taipei's Board of Foreign Trade. APAP - 46 words
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45 1986-05-14 18 Reuter JAPAN yesterday again put off a decision on whether to take part in the US Strategic Defence Initiative known as Star Wars. Foreign Minister Shintaro Abe said a group of Cabinet ministers failed to reach a decision. RenterReuter - 45 words
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Article44 1986-05-14 18 AP FORMER Philippine president Ferdinand Marcos, in a telephone news conference from Hawaii, has disavowed plans for a political comeback, but said Mrs Corazon Aquino's government may still need him to stop a communist takeover or a military coup. APAP - 44 words
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Article29 1986-05-14 18 Bernama BARISAN NASIONAL secretary-general Ghafar Baba said yesterday he had not received any official application from the Parti Bersatu Sabah to join the party.Bernama - 29 words
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Article34 1986-05-14 18 AFP THE JAKARTA High Court has reduced by three years the sentence of dissident H R Dharsono, jailed in January for 10 years on subversion charges, says a court spokesman. AFPAFP - 34 words
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Article36 1986-05-14 18 AP MALAYSIAN embassy staff in Poland and Romania will be evacuated to London or Kuala Lumpur because of radioactive fallout from the Chernobyl nuclear plant accident, says a government official. APAP - 36 words
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Page 18 Advertisements
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Advertisement188 1986-05-14 18 What a Great Idea! Solar Energy from WSv the Sun to heat your Swimming S. Spa Poola ONSTREAM TRADING PTE LTD 50 Jalan Sultan »15-01 Jalan Sultan Centre Singapore 0719 Tel *****48(4 lines). *****51 Telex RS ***** ONTRAD Computer Charting Service for Local Stock Market Analysis Jom the mafOf brokerage188 words
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Advertisement0 1986-05-14 18 ->=$-:=\>|{=).*|&~?)_};)"*@}@*/0 words
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Advertisement139 1986-05-14 18 8m Pag« 4 Steamed Red Fish with Soya Bean G^imbs rr ih Another Specialty only from Dragon Gty. Discover some of the finest Sichuan and seafood dishes I at Dragon City. Experience the warm and impeccable I so reminiscent of traditional Chinese i hospitality and respect. Or For reservations, call139 words
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Page 18 Miscellaneous
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Miscellaneous49 1986-05-14 18 or today: Showers exported in o fow oroos in tho lot* on May 13 at tho airAssociated humidity A npi fit k.. m j fiji, DA hsjockjtm numiarry oy Hoots of sunshine 7.95 5 nlnlnll -II KONITQII m mIIINIICTrCS fIH RoinfoN this month 92.5 ißoiny days this month 8,49 words
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SHIPPING TIMES
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149 1986-05-14 19 KURUSHIMA Dockyard Corp is expected to shed 800 of its 4,000-strong workforce and cut back shipbuilding capacity by 20 per cent in the current business year. Sources in Tokyo said the company had asked a syndicate of five Japanese banks to extend relief149 words
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483 1986-05-14 19 G DURAIRAJ - By G DURAIRAJ POSITIVE IMPROVEMENTS have been made to container handling at Port Kelang since the private operator, Kelang Container Terminal Sdn Bhd (KCT), took over responsibility for the terminal two months ago. Container ships have recorded notable reductions in turnaround483 words
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249 1986-05-14 19 TRANSPORT of high cube boxes will be allowed on Japan's trunk roads, possibly from the end of this month. According to Lloyd's List, the Japanese Ministry of Construction has announced that designated routes for the transport of the 9 ft249 words
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177 1986-05-14 19 AFP THE JAPANESE shipping »nri shipbuilding industries will probably report a combined exchange loss of 160 billion yen (US$l billion) in fiscal 1986 if the yen-dollar exchange rate remains at the 160 yen level. The Japanese Transport Ministry reported yesterday that 251 coastalAFP - 177 words
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PORTSIDES
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Article70 1986-05-14 19 AFP TWO SOUTH KOREAN seamen were killed when a Maltese oil tanker was hit last Wednesday by missiles apparently fired by Iraqi planes in the Hormuz Strait. The Haejong Shipping Companytold the South Korean Maritime Administration Office on Monday that 25 other crew members,AFP - 70 words
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Article53 1986-05-14 19 THE CALCUTTA dock system handled traffic of 4.2 million tonnes during fiscal year 1985-86, an increase of 175,000 tonnes over the previous year. This included 260,000 tonnes of wharves' traffic. In March 1986, traffic handled was 351,000 tonnes, an increase of 15,000 tonnes over the corresponding53 words
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Article1378 1986-05-14 20 UNCONFIRMED reports are circulating the freight market on Monday that grain shippers have arranged a cargo of light grains at the higher level of US$6.5O from the US Gulf to the Continent, shipbrokers said. The business was for May 25/ June 5 loading and compares with $6.25 paid1,378 words
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736 1986-05-14 20 Fairplay WHILE foreign contractors and consultants have done exceedingly well in supplying the maritime requirements of the separate Gulf states, this has inevitably resulted in a considerable amount of duplication of facilities within a relatively small geographic area. There has been aFairplay - 736 words
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Article643 1986-05-14 20 AFP REPORTS of a firmer trend in the single voyage sector were difficult to confirm on the freight market over the past week, when the level of activity was curbed by the long British Bank holiday weekend and the mid-week break in several European countries. But on theAFP - 643 words
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Article841 1986-05-14 20 AB Shpg V 5 Heap Seng X 2 Accord Shpg VI 3 Heung-A VI 3 Afeo Line VI 3 Hinode Kisen VHI 1 4/5 Ahrenktel Liner X 1 Hoegh Lines VH AC Toepfer Anro Service Arrow Lines X IV X 5 3/4 4 Hoegh-Ugland Hsing Wen Hungarian841 words
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284 1986-05-14 20 Ocean Voice FIVE ORGANISATIONS have been selected by the International Maritime Sattettte Organisation (Inmarsat) to participate In the satellite control system for its ttwH generation aeries of satellites. Detailed negotiations now in program should lead to contracts worth up to US$24Ocean Voice - 284 words
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Article94 1986-05-14 20 AFP AN INDIAN coal ship, damaged when it ran aground on Australia's Great Barrier Reef last month, will be towed to Japan. A spokesman for owner Shipping Corporation of India said the tug Simpson was on its way from Singapore to take the JiumsiAFP - 94 words
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200 1986-05-14 21 Reuter IRAN'S navy commander has warned that his ships will go into action if US and French warships continued to interfere in Iranian checking of Gulf shipping for Iraqi-bound cargoes. Commander Mohammad Hossein Malekzadegan said one French warship and two US vessels equipped withReuter - 200 words
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548 1986-05-14 21 JAPAN'S ship classification society, Nippon Kaiji Kyokai (NK), which had 6,200 vessels on its register at the end of last year, sees continuing difficult conditions for the world's shipping and shipbuilding industries this year. But, in the society's annual report, chairman and president Mitsuo Sato548 words
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244 1986-05-14 21 DAEWOO Shipbuilding and Heavy Machinery Ltd has won a U5547.3 million contract from Ugland Autoliners of Norway to build a 14,600-dwt ro/ro vessel. The ship, capable of carrying up to 5,250 cars, is due to be delivered in 1968. Ugland is one of two244 words
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211 1986-05-14 21 BURGEONING growth in container traffic has prompted the Soviet Union to embark on a major port expansion programme. High priority has been placed on the development of container terminals, and already new terminals have begun operations or are nearly completed at ports such211 words
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Article121 1986-05-14 21 THE UTILISATION RATE for offshore mobile rigs continued its downward march last week but at a slower pace. According to Offshore Data Services, worldwide use of rigs dropped by 0.7 points to 61 per cent, reflecting an additional six idle rigs from the previous week.121 words
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Article190 1986-05-14 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. AMRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.190 words
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80 1986-05-14 21 THE PORT OF ANTWERP will not increase its cargo handling charges this year, as a guarantee at [Mice stability to port users. Port employers will revise their tariffs again on Jan 1, 1967. "After all the efforts made in recent years by80 words
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Article5233 1986-05-14 22 3®aBG)(!EB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at5,233 words
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Article654 1986-05-14 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location 1 Rubeland 4/86 14.586 2300 S'pore Shpg F1 1400-1500 U4 Xinghe 10W 14.5.86 1600 Y Fung F1 0700-0800 L7 Pegasus P 428N 14.5 86 2000654 words
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Article520 1986-05-14 27 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Auby E'tern Glory G Seloton-8 Jumpa Koto Segar Lontono Stolt Ventura Straits Hope V Enterprise Daiyunshon Faroe Troder Johneverett Stolt Ventura Tholassini M K25W K28 KI7 K18 K31 K16 K29 K24E K34 K27 KI9 K21 K29 K17 SSPL520 words
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Page 19 Advertisements
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Advertisement817 1986-05-14 19 <_-":/)^~`?!];_+/%`[&/&^-.@*${^ OOCL ORIENT Ovbqeas Qmttimn Line STRAITS EUROPE EXPRESS SERVICE MM SWTWG AGENCES (In H2164/ OOH) 70 Steaton Way 4T0403 Marina Hon* Singapore 0207 *****11 TELEX NO RS ***** CFS OfFCE TPC #***** Tel *****31 and *****32 Termmai ottw TfC #03-030 M :*****0/*****93/*****01 mm mm. vrnm agenco m PETMJNG lAYA817 words
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Advertisement68 1986-05-14 19 A LEADING figure in the Gulf's maritime industry has outlined the advantages of a completely integrated marine transport system between the region's ports. Page II JAPAN'S ship classification society, Nippon Kaiji Kyokai (NK), sees continuing difficult conditions for the world's shipping and shipbuilding industries this year. Pag« 111 Index to68 words
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Advertisement1106 1986-05-14 19 The Time Manager Seminar For more details call *****00 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS mtl Voy S" porn EXPORT TO USA. EUROPE. MIDDLE EAST. *Sappare Qm| In •CY U/5 1500 WS CIS 11/5 2300 MB ■CatM1,106 words
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Page 20 Advertisements
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Advertisement348 1986-05-14 20 Y.S. LINE STRAITS FEEDER ■> YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Pacific South West Feeder at Kao I IL'JJI I Pacific North Waal Faadar at Kao \rnmm irnßirrnw wjimturmi Atlantic/Canada Faadar at Koba TWMgungM nrrrMiMUM T~ I! IJtM h-hW nn U7198 }LUTTJtWI-Jtl II Mi 1 1 WM TOit-VHFT® IBMiMiMiIiTTFMriMiBM '"7?irWMl I I348 words
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Advertisement170 1986-05-14 20 »i 21/4 2/7 1/7 12/7 11/7 22/7 21/7 Mm KCl»tM| cantn tar Hnstaa (MLB). V FrjKSC*. OaMato. Stocfctoa Vat Otoft «to I TO: CARIBBEAN CENTRAL cmmum Cwaca* MpkM Nrl ot S«m St Jotoa. toss* Ten*. Catfnn fort Fra-ct tort Nit Port m frmct Nksj. Fretport St G«or|« Oorpfow. C. KOCH170 words
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Page 21 Advertisements
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Advertisement544 1986-05-14 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OC!L Overseas Containers Limited [WS9J STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok r CONTAINERSHIP SERVICE TO UK CONTINENT tokio ones m cm or EweursK FRANKFURT Eras tomo Eras f CONTAINERSHIP SERVICE FROM UK/CONTINENT tfburf Brem RtUfn le Ha544 words
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Advertisement776 1986-05-14 21 Franco Belgian Services ffa I /r.,n h rv ~h 1n,.,11 ~r iW.rr. in.-* i MEMBER OF ACE CONSORTIUM com wo MM to rmon can wo STOK PJKUNC U tarn Ita fS»a«t Km rttma M «C*TOH ki Part (12 Hay) t2 Mi Ud IS hat 17 la MJ» II km d776 words
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Page 22 Advertisements
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Advertisement584 1986-05-14 22 LINE ULLY CONTAINERISED SERVICE 10*1 TO EUROPE VIA SUEZ Member of the Ace Consortium C. I. TOKYO 4* CMNA C OUT AMD) KW CJt PAWS Ml FROM EUROPE VIA SUEZ A Member of the Ace Consortium CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF S PORE LOADMG FOR A VSI 20/5 DUBAI, DAMMAM.584 words
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Advertisement1030 1986-05-14 22 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) gather eto cua (DO GOV? Ml [in glort fW» OF TED ETO GOODS cva GRAND SO 1 HKG KSC KIG PUS 15/5 11/5 M/ 5 22/5 25/5 23/5 21/5 27/5 25/5 l/l 29/5 2/C J/l 5/C l/l 5/C >/( 11/ l 12/f1,030 words
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Advertisement244 1986-05-14 22 IXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Singapore Lijfcg <• 16/5 B Afeta KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPOtt PKeUx Loxfc* tar Oceania Courier 15/5 Mewafc. Madant Lae, PHoresby, Wotau, Rabat! Kieta, Honiara, iajrapwa Kyowa Cosmos 7/6 Jayapura. Hewafc, Madanf. Lac. P.Moresby,244 words
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Page 23 Advertisements
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Advertisement797 1986-05-14 23 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL VOY SIN JKT SBY SIN HKQ KAO "TCH KEE BUS 'MUM *HTC VOK KOB KEE KOTA SING A MSB S«M SttM 15/5 21/5 23/5 24/5 25/5 27/5 30/5 1/6 2/« 4/6797 words
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Advertisement698 1986-05-14 23 BEN LINE CONTAINERS EXPRESS com MO SERVICE TO W/CONTIOT TN» Eiprm Mm Mm Ouk* Bar Bnmb Eiprtu IM« Bar Or «t EM»n FraAtwl Eiprtu Irtaa Eipmi 2/7 13/1 U/l a/I ntt 4/7 11/7 a/7 V 7 11/7 11/7 u/i 21/1 ?3/« a/i a/i m IV7 21/7 21/7 M/ 7 VI698 words
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Advertisement544 1986-05-14 23 iV DJASAQETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SMWKRA MMHESIA P.T. TMKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE S'poro Br—i A'tan/R'ton Htof A KSSEI* 14/0 11/$ 13/6 IS/C S port Gonoo ORkao Lt HavroLdn tte/HMTtoi GANDA BHAKTT VIS-MO 2-4/ C 3/7 10/7544 words
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Advertisement357 1986-05-14 23 BOUSTEAD SHIPPING AGENCIES m mm •Sttwn *24 (Mr V 4 BURMA FIVE STAR (Burmese National Line) Loadhf for Ranfoon Sport Plata* Pen 15/17 Iby 16/19 Mn 20/29 May 1/31» BANK LINE WOITWOIW) TO UKC SPOtt MMM THALASSOO MMM hi Pt 10/6 MEAOONBAM YION IC/5 9/6 TMMITM SAMOA ¥7 26/5 21/6357 words
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Page 24 Advertisements
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Advertisement871 1986-05-14 24 USA CANADA ATLAIITIC COAST (I»~n<i T1» worid B K LINE KAWASAKI KISEN KAISHA, LTD. *2 a OB MK/H COML *5 A. SIM Mt/a COMAAMXI V 7 0. KNGNT *27 PACIFIC COAST ram *si 1 BADGE W5 HK CONTAMEA V49E AST |P v n m v m 13 MT 14 HIT871 words
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Advertisement402 1986-05-14 24 AUSTRALIA EXPRESS Acoapttnu FCL/FCL Ftc*< P*< CALABM V 25 IS I CNMMVX 15 kin (STtam* V 5 1 kin iMtr feud S pot IM Fim Sr*i Mm *m MBRMS »lb| 4kM 13 km 11 km AMlns RAMOAS V 23 II km 27 to* 7 M SM AM Bra CNMOOAS V2O402 words
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Advertisement391 1986-05-14 24 GOLDEN LINE GUAM GUAM SMPPMG (PTE) LID STRAITS/PERSIAN GULF fflNICt MUM KM M/» T M *4 X > T PERUSAHAAN PELAYARAN T KALIMANTAN x DIRECT MEEKLY SERVICE TO JAKARTA/TG. PRIOK *MMI ETA/EM OESIMTW RKt n Iter V* U/lt M* Mwli MO x* tar m/m 17/19 Mr iii ii.tii iii t391 words
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Advertisement280 1986-05-14 24 INTRASEA IPTK) LTD 10 Ansor R• >h(1 c 2 7 16 o P>Alr S»n 0207 t P' ?24f>Si i 1 v. r»es ;<► BREAKBUIK SERVICE TO EUROPE/UK PHIUTRON SHIPPING AGENCIES PIE LTD TF! ??38f>?? (8 I INFS) TEI E X RS ?877C PHILI «B|viatra IMU-UnratT I M/S. */S I 7/ityiu/i280 words
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Page 25 Advertisements
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Advertisement715 1986-05-14 25 s'poTe" NEPTUNE AGENOES PTE. LTD. .r 7 tm idihMci imu tomm* timv **m* wa \l H H *****77 *****22 *****53 ORDKCTIW *****53 *****42 S m 1 EUtvu HARPER MM SON. BHD. *****0 H P KtUnt HARPER VARA SON. M. H P. Itya HARPER MRA SON. BH> s*"» r H reunl715 words
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Advertisement410 1986-05-14 25 DONAM HEUHG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO I P KELANG. PENANG, BUSAN, INCHON VS.S s«wf p«i K a <«i No I Dmn HM 11/5 22/5 (atlas Vartive tO2N 11/S 21/5 (OHUrt) No Donam »04N 24/5 N/5 No 7 Dnw UW 24/5 No I Donan (05N 1/1 IJ/I410 words
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Advertisement824 1986-05-14 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHWNG 55. Market Street Singapore 0104 Telephone timbers *****33 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG PENANG X s S S m 12' Pew* Street. Pew* Malaga X MALAYSIA Cables JAYAPOH PtNANG let824 words
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Page 26 Advertisements
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Advertisement316 1986-05-14 26 (Qfjf REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) BiEEIEEEI HgEZEIEEEI ■E228E223 lEKDEZ23 [esueesi J 1521 inrMggEgßßßUMioi^uECT ■misii TO SOUTH THAILAND SINGAPORE SMGAPOK Thu/Fri Sat/Sun Sun SEA DRAGON PIYA BHUM SEA DRAGON PIYA BHUM mm rrm r<" iFH ti&iJkl nr« in.i.i E9 MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY316 words
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Page 26 Miscellaneous
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Miscellaneous164 1986-05-14 26 n Regional Weather at 01 V it 01 yu 6 fi o i ten *2J£\ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNINQ. LEGEND °C cT w Wind direction with speed m knots Wove height R Thunderstorm Temperature o c Shower Weather _X Wind direction with speed m164 words
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Page 27 Advertisements
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Advertisement124 1986-05-14 27 LEONG SHEN SHIPPING (S) PTE. LTD. UV. SM HOCK OCT M PORT 19/5 CHTTf 11-A, STANLEY STREET, STORE 0106 TEL: *****70, *****74, *****75 TELEX: RS ***** CABLE: SHENSHIP 242S0SS/*****55/*****45/*****93 *****1/4 TEMMN. 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22StSS/*****1/*****5 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPt *a. Bincf im In a■BliigigcnMEliOMOMEMnißirri Ttimrri lg jj ™E3EnM[ZZ3—124 words
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Advertisement159 1986-05-14 27 ROJS2 ETO Spvt IS/S LIZENA PTE LTD TFS L'NE INfTFPNATIONAL JCC V, TRANSOCEAN (Ml SDN. BHD i Ou.lv '?nd lit i 10.100 FVrMnq TM 61P44S 617W, MA4O7 10 SP(i Fax No 04 f,?771S TRANSOCEAN BONDED TRUCK SERVICE (between Singapore Penang/Kedah) Daily CUSTOMS BONDED TRUCK Service between SINGAPORE and all FTZ159 words
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Advertisement437 1986-05-14 27 tunn& TAIWAN TO SINGAPORE ASEAN WRECT WEEKLY TO PORT KELAN6/PENANG •AT ATTRACTIVE RATES* STORE PJELAN6 PER C SLAT Ml Q *31 faM SaM CHANG TUNC *-44 SaM 12/5 6 SELATAN M *-33 SM 15/5 6. SELATAN *11 *-37 19/5 21/5 WKm i jp PORE AND W. MALAYSIA BULK CARGO FROM437 words
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Page 28 Advertisements
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Advertisement549 1986-05-14 28 |rv**t M*™™ FINE-LINER SHIPPING PTE LTD T V Henderson Road Blk 2038 #01-06 Henderson Industrial Park. S'pors 0315 TEL *****82/*****62/*****52 !<■ i.iiura I .T-.nlV!* 20/5. 21/5. 12/8 rrn IAL .it MM i/8 EZ3T3E3! m tra n/v a/5. 5/8 V.. 1 22/ v V 8 |uk wute. nm. romi. u has*549 words
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Advertisement409 1986-05-14 28 URGENT! ACCEPTING LCL TO EUROPEAN INLAND DESTINATIONS* via ANTWERP VALENCIA. MARIBOR, SALISBURY, BONN, LUXEMBURG, AARHUS, BUDAPEST, MOSCOW, ETC... Fm) FREIGHT MANAGEMENT SINGAPORE *****11 (12 UNES) PORT KELANG *****07/1 PENAN6 *****7/*****4 BANGKOK *****94/5 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****44409 words
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Advertisement654 1986-05-14 28 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUV cotnuonsa SERVICE 10 EUROPE («U SUEZ) S port LcHjrvc Mm Fslmn MTwi Bra* Mr*p MOtCATO* 3M hPI 2/C 3/C V( 7/1 S/C 11/( CI TOKYO 4W 21/5 5/1 lt/t 12/ C 14/6 15/t 17/1 CHW CONTAMt654 words
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Advertisement866 1986-05-14 28 Everett Lines/ COMPAMA PERUANA DE VAPOREES (Cf .V.) "PERUVIAN STATE LINE" load** tw Cabo Mataram to and J* ottm Peruvian ports v(k transtuxnent at Koto On CPV Throufti Ms o* lading lo tmal destination JOMCVEKn MURMrnonr THOMASEWETT Pmmc* P Ketant Seaport K2l/1I May T 27/21 May T i/7 Jw "EVERETT866 words
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Advertisement257 1986-05-14 28 ZIM NOA COWDttACt tBIHIOOn FULL CONTAKK SOMCE car {Mi to USA East I Rest Ctttt Canttuajtat CjmAi m 4 FOB WL t KSXL li.S* I «OSI 31 SJ» > KSSU 7.C.M 1 nissa IS t K SAM MJJt i M lion 1117* 16 J m IJ.JM tM 117 M 1117.*257 words
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