The Business Times, 28 May 1986
1986-05-28
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The Business Times
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Title Section13 1986-05-28 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, MAY 28, 198 C 75 CENTS13 words
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452 1986-05-28 1 ALVIN TAY - Investment body aims for return that surpasses deposit rate By ALVIN TAY THE GOVERNMENT of Singapore Investment Corporation (GIC) has set the Central Provident Fund deposit rate as a benchmark to gauge its performance. One of the two main GIC objectives is452 words
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382 1986-05-28 1 FOO CHOY PENG - By FOO CHOY PENG Chief Reporter THE WEAKENING Singapore dollar has dovetailed with overseas promotion to give a boost to furniture exports. Furniture associations forecast that exports this year measured in dollars will grow between 8 per cent to 10 per cent. Sales382 words
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Article122 1986-05-28 1 Reuter GENERAL Arthit Kamlang-Ek, 60, has accepted his dismissal as army commander by Thai Prime Minister Prem Tinsulanonda, defusing tension over rumours of a military coup. No official reason was given for General Arthit's dismissal, which diplomats described as one of the most daring acts everReuter - 122 words
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284 1986-05-28 1 AP UPI JAPAN has become the world's largest net creditor nation, surpassing Britain, with its net external assets reaching U*****.8 billion at the end of 1965. An annual Japanese Finance Ministry report released yesterday said the country's governmental and private assetsAP; UPI - 284 words
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Article, Illustration285 1986-05-28 1 FOR THE FOURTH straight day, share prices rose across the board on the Singapore stock market yesterday in relatively active trading. Advances overwhelmed declines by a more than 11-to-one margin. The Straits Times Industrial Index picked up a further 11.57 points to 628.43, making285 words
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425 1986-05-28 1 LUCY NG - By LUCY NG SOME SHIPPING COMPANIES have asked for a cut in the wages and fringe benefits of local seamen to close the pay gap between local and foreign seafarers. Wage cuts of 5 per cent to 30 per cent are425 words
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215 1986-05-28 1 Reuter KUWAIT, one of the richest Arab oil states, will lose 30,000 expatriates in the next few months because of shrinking revenues, the Arab Ti/nes said yesterday. Jordanians, Egyptians and Asians will be among those hit hardest, the daily said. They include teachers,Reuter - 215 words
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Page 1 Advertisements
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Advertisement266 1986-05-28 1 Cahners Exposition Group €E3 The Exhibition People OUB offers the full range of CPF approved investment facilities S3 Stocks and Shares 0 Convertible Loan Stocks E Unit Trusts Physical Gok) E Gold Certificates E Gold Passbook Account E Cash Reimbursements for CPF approved investments m. s v i ri Exciting266 words
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Advertisement225 1986-05-28 1 Earlier Report, Page 5 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV A RADIO BRISTOW OUR VIEW CLEAR AND ACCURATE INFORMATION kills rumours. It is time for the securities industry in Singapore to move from the age of rumours to the age of information. LEADER, Pag* 8 TWO225 words
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Advertisement298 1986-05-28 1 mTERnEPCon yt r stmiconDucTOß cmfz; inTEßnßTionflL Bf PUBUC 0* S'HGAPCXtf August 26-29,1986 Id Trade Centre, Singapore «>M By CBS The EdttMon PtocM Banking Finance '86 What are the big challenges facing Singapore's banking sector? What do mounting debts of some Asean countries mean? What business can bankers do in China?298 words
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HOME NEWS
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353 1986-05-28 2 ALVIN TAY - Track record in a relevant area required, says Korn/Ferry By ALVIN TAY IT IS NO LONGER enough just to be able to speak Mandarin or to have Chinese "connections" for Singaporeans to be selected (or management jobs in China, according to executive search firm353 words
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Article, Illustration251 1986-05-28 2 IN A FRENZIED 45-minute dance, the lions pranced, scoffed oranges and peeled pomeloes, all for the purpose of bringing luck to the Amara Hotel. Other than that, yesterday's soft opening of the 337-room hotel in Tanjong Pa gar reflected the current subdued mood of the251 words
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349 1986-05-28 2 MARTIN SOONG - By MARTIN SOONG MCDONNELL DOUGLAS Helicopter, a whollyowned subsidiary of the McDonnell Douglas Corporation, last week set up a sales and marketing office in Singapore in a bid to crack the lucrative Far East commercial and military markets for helicopters. This follows the opening of349 words
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219 1986-05-28 2 BEATRICE FOODS (S) Pte Ltd has launched a "skinnier" milk to fill the market between full-cream milk and skimmed (no-fat) milk. Diet Daisy low-fat milk is now sold in one-litre tetrabrick packs at $1.40 each. The milk contains half the fat content of fullcream milk219 words
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Article73 1986-05-28 2 TURKISH AIRLINE, THY (Turk Hava Yollari A.O), will make its inaugural (light to Singapore on June 2. The airline is to operate a weekly service, coming in on Monday and leaving on Tuesday. Under the air services agreement signed in 1980, the airlines of Singapore and73 words
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Article99 1986-05-28 2 THE PEOPLE'S Action Party is to move its headquarters in Napier Road to the SLF Complex in Thomson Road on June 2. A statement yesterday said the new address would be 510 Thomson Road, 07-02 SLF Complex, Singapore 1129. The party has bought one floor99 words
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Article385 1986-05-28 3 LISA LEE - Two supply contracts go to UK and Japanese companies By LISA LEE TWO ELECTRICAL contracts worth more than $62 million have been awarded to BICC Supertension Cables, a British company and Marubeni Corporation of Japan. BICC Supertension Cables (1980) Ltd won the larger share of the385 words
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Article, Illustration209 1986-05-28 3 The PB SAN JACINTO, a floating production storage and off-loading (FPSO) barge, was christened at a ceremony at Bethlehem Singapore yesterday. Bethlehem took about a year to build the barge for Sarida Offshore, a joint venture between Offshore Production Systems of Houston, and PT209 words
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Article212 1986-05-28 3 ELECTRONIC Data Systems (EDS) has been appointed a complementary marketing assistant (CMA) by IBM. It will jointly market with the computer giant, selling software developed both locally and abroad. The two companies have been cooperating on a similar footing in both Indonesia and Malaysia212 words
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Article168 1986-05-28 3 EIGHT WHOLESALERS and retailers left for China yesterday to seek business opportunities with their Chinese counterparts. The eight, representing five companies, will meet authorities in Shanghai to follow up discussions which took place when a Shanghai delegation visited Singapore last December. The team will also168 words
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170 1986-05-28 3 THE SINGAPORE Tourist Promotion Board (STPB) will hold a festival in Taiwan from May 30 to June 5. The week-long festival, to be held in Kaohsiung from May 30 to June 1 and in Taipei from June 3-5, is organised in conjunction with Singapore Airlines170 words
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Article146 1986-05-28 3 MOTORISTS driving along Sembawang and Yishun should be able to go through more green lights once the Public Works Department's scheme to synchronise traffic signals is completed. The PWD has already called for tenders for a cable-less link for nine sets of traffic signals in146 words
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291 1986-05-28 3 LIM SOON NEO - By LIM SOON NEO TELECOMS is investing in a multi-million-dollar telephone management system which will help improve efficiency at the telecommunications authority. It will implement the system in several stages. The first a sales module will become operational in early 1988. For291 words
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Article66 1986-05-28 3 THE YEARLY labour survey is being carried out by the Labour Ministry. The survey, which has just begun, will take a month. Interviewers from the ministry are visiting 33,000 households to gather information such as sex, age, occupation, industry and employment status. All information66 words
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220 1986-05-28 3 A LOCAL video house will spend at least $100,000 to set up a production studio after winning the licence to distribute video programmes for RCA/Columbia Pictures International (Video). Videovan Enterprises (S), will start production next month and original video recordings of programmes of two of220 words
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Page 2 Advertisements
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Advertisement217 1986-05-28 2 where tomorrow^ technology helps you In times like these, the IMIIIiA last thing you need is a costly, lfllfU I labour intensive office where H productivity is low. W W J rv J\ /N CCI A>/\ TT/M1 In times like these, the M last thing you need is a costly,217 words
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Advertisement98 1986-05-28 2 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 call 221 8780, 221 0915 or 221 2868 for lease applications further details. w HAT CAN YOU FIND 1 IN A I 5.000 SQ FT SHOWROOM98 words
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Page 3 Advertisements
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Advertisement162 1986-05-28 3 k The Shangri-La Kuala Lumpur is one year old this month, and to celebrate we're giving 40% discount on our published room rates. It means that each night of Shangri-La luxury you enjoy will now only cost you just MsloB (Ss9o)f Isn't that something to sleep on? M Shangri-La hotel162 words
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Advertisement474 1986-05-28 3 I n Knight Frank ('h'ontf Ifcx-k Ch\v Raillnu RESIDENTIAL PROPERTIES DiST 10 CLUNV HILL Modern D/S Bungalow Built-in approx. 6,400 sq ft Land area approx. 19,800 tq ft Price: $1.95 million neg. DBT 10 CORNWALL GARDENS 3/s Bungalow with pool Built-in approx. 4 £00 sq ft Land area approx. 33,100474 words
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OVERSEAS
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649 1986-05-28 4 Trading based on inside information being swapped could be included Reuter THE FEDERAL government may use its case against Wall Street merger specialist Dennis Levine to broaden the definition of what is illegal on Wall Street, according to legal experts. The prospectReuter - 649 words
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Article44 1986-05-28 4 Reuter FTJI customs officers were told yesterday to take a closer look at women's bosoms. Some female travellers wore large brassieres to smuggle goods and customs men "should not be distracted by beautiful women", Senator Raojibhai Patel told Parliament. ReuterReuter - 44 words
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242 1986-05-28 4 Reuter BRITISH Prime Minister Margaret Thatcher said yesterday an alternative had to be found to Palestinian Liberation Organisation (PLO) representation of Palestinians in the Middle East peace process unless it renounced terrorism and recognised Israel's right to exist. "IReuter - 242 words
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385 1986-05-28 4 UPI LATIN AMERICAN nations gathered on Monday to formulate a common stand against an American attempt to put the service sector under the umbrella of Gatt. Representatives of 25 member countries of the Latin American Economic System (ECLA) met in Brasilia to adoptUPI - 385 words
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277 1986-05-28 4 NYT THE RECENT SPURT in crude oil prices, primed by strong demand for petrol in the United States, signals only a temporary gain for the battered oil industry and prices will decline again before autumn, many industry experts and analysts say. "Frankly, it'sNYT - 277 words
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200 1986-05-28 4 UPI BECAUSE of objections by the US, a 35-nation conference on greater freedom of movement between East and West drew to a close on Monday without agreement on any concrete measures. A compromise final statement presented by neutral and non-aligned countries was opposed byUPI - 200 words
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Article180 1986-05-28 5 AFP HONGKONG GOVERNOR Sir Edward Youde has called on Japan to step up its capital investment in Hongkong and rectify a trade imbalance which was U555.74 billion in Japan's favour last year. In a speech before Japanese businessmen at the Keidanren Hall in Tokyo onAFP - 180 words
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Article792 1986-05-28 5 ARRIVALS Operator Sarvic* number Local tifM From SIA UA SIA SIA MAS SIA KAL MAS MAS SIA CPA RBA GIA SIA SAS UB SIA SIA THAI MAS GIA CAL SIA SIA AY GIA GIA SIA SIA SIA SIA SIA THAI MAS THAI CPA KLM GIA Al MAS792 words
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Article229 1986-05-28 5 AFP A TOP-LEVEL advisory panel has called on the Japanese government to increase direct overseas investment and imports to reduce Japan's huge trade surplus. The Industrial Structure Council, an advisory body to International Trade and Industry Minister Michio Wa tana be, on Monday laid downAFP - 229 words
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Article154 1986-05-28 5 Reuter RECENT TRENDS point to a significant fall in Australia's inflation but its 1986 rate is likely to be 3.5 times that of the Organisation for Economic Cooperation and Development (OECD) average. The Australian Chamber of manufacturers and the Melbourne Institute of Economic and Industry ResearchReuter - 154 words
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Article, Illustration485 1986-05-28 5 AP THAI PRIME MINISTER Prem Tinsulanonda yesterday relieved his top army officer of his post in a move that could lead to a direct confrontation between the two long-time rivals. The official Radio Thailand said Mr Prem, in his capacity as Defence Minister,AP - 485 words
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Page 4 Advertisements
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Advertisement283 1986-05-28 4 Canon These days a businessman deserves all the breaks he can get. That's why we created our Canon 3CPOO Generation Copiers. Only Canon now offers you so many copying advantages for so little. y Canon thinks times are tough enough for businessmen, so we've created two new copiers to reshape283 words
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Page 4 Miscellaneous
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Miscellaneous34 1986-05-28 4 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS Oi Doonesbury BY GARRY TRUDEAU 1 m m m n vs 5S '4 i IN SUMMARY,! ISBB Beueverrs still anvMOPHN6 IN AMBRJCA f THING iF&L6oopfleouT FE6UN66OOP ftdOUTMiSOF! i i34 words
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Page 5 Advertisements
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Advertisement154 1986-05-28 5 II /1 I 3 Every Tuesday, Thursday, Saturday IWI II I Y and Sunday. Leaving Changi Airport 1 V \L at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA 0 One ward that means a great deal in154 words
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Advertisement515 1986-05-28 5 K I A 9Hk I I I Never before has there been such an investment opportunity in real estate. There are only eleven residences each with a distinct architectural variation. The land tide is freehold. These are properties you will keep in your family for generations. The properties are of515 words
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TRAINING & DEVELOPMENT
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Article, Illustration675 1986-05-28 6 ZHOU MEI - Dismissing employees is a skill that needs to be acquired for the way this is done has an impact on industrial relations and the public image of the company, reports ZHOU MEI. ZHOU MEI THERE IS MORE to dismissing people than a675 words
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Article419 1986-05-28 6 ANNA TEO - By ANNA TEO TREND ANALYSIS of changing product cost components is vital to a manufacturing operation, but most companies in Singapore do not maintain any data collection system that gives a detailed breakdown of the individual product cost, says a Japanese consultant. One emphasis of419 words
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402 1986-05-28 6 IN A BID to foster better em-ployer-employee relationships and upgrade workers' skills, the Crown Prince Hotel has spent $30,000 on an overseas attachment scheme for staff. Since it launched this scheme in March last year, eight of the hotel's employees have been posted402 words
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224 1986-05-28 6 THE Management Development Institute of Singapore intends to start an undergraduate management studies programme for diploma holders. Link-ups with universities in the UK and US are being explored by MDIS. The Lancashire polytechnic is one possible partner in this venture, since the MDIS already has224 words
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Article145 1986-05-28 6 THE Vocational and Industrial Training Board will be taking in students for its part-time academic and business studies courses under its Continuing Education Programme in July. The courses comprise the Best programme, business and language courses. The two subjects offered under the Best programme are English and145 words
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Article103 1986-05-28 6 THE Department of Extramural Studies of the NUS will be holding two courses on sales supervisory management and people centred management concept and practice. Sales supervisory management is a two-day course for sales executives and supervisors who need to plan sales management programmes. The pro- gramme103 words
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Article651 1986-05-28 6 Seminars and r s Cahners Tel: *****13 1 J C Exposition Tlx: RS ***** courses mmm VIAII Fax: *****66 DURATION TITLE VENUE ORGANISER TELEPHONE 1 Jun 10-13 IBM PC: Internal; Notional ARC Micro*****33 16-19 and Interfacing University of Singapore processor Applications Centre 'l Jun 11-13 Expert Systems for651 words
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Page 6 Advertisements
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Advertisement113 1986-05-28 6 MADRAS on AIR-INDIA'S EXECUTIVE CLASS At Pete's Place, we train our staff to move very quickly, especially during lunchtimes. Because that's the time you like to enjoy delicious meals, nice and fast. So we give you delicious meals, the finest Italian meals in town. (From recipes handed down by our113 words
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RAW MATERIALS
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Article301 1986-05-28 7 SINGAPORE The market closed higher yesterday with June One RSS buyers quoted at 172.00 cents a kg, up two cents from Monday. The morning session gained 0.50 cent on some buying interest in quiet trading. Prices rose further in moderate afternoon trading on trade and speculative buying following reports301 words
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Article311 1986-05-28 7 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyer! Sellers Buyers Sellers Int 1 RSS Prompt 172 00 I73 00N 173 00 174 00N Int 1 RSS June 86 170 50 171 50 172 00 172 50 Int 1 RSS July 86 170 50 171311 words
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Article88 1986-05-28 7 (cents/kg, 1-ton pollen) JUNE JULY 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 160.50 162.SON 161 00 163.00N SSR 50 157 50 159.SON 158 00 I60 00N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 217.00N ***** *****N SMR L *****88 words
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Article145 1986-05-28 7 Chinese Produce Exchange Seller*' noon dosing prices on Moy 27 (SS/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61.00 New drum FOB 65.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gombier FOB NSW 565 00 1422 00 1322 00 330 00145 words
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Article66 1986-05-28 7 Bangkok Broken Rice (US$/toone, FOB) A-l Super 115 A-l Special 112 White Rice 100% 1st class 240 C I Special C-l Ord unq unq 100% 2nd class 215 Loonzain Rice 100% 3rd class 210 100% 1st grade S73 5% 200 195 100% 2nd grode 10% 100% 3rd grode unq66 words
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Article81 1986-05-28 7 TIN m the Koala Lampar Tla Market rase IS cents ts M 114.29 per kg •a farther covering yesterday. After spealag anchaaged, strssg boylag frsm Japaa aad by Malaysia* laterests pathnd the priee gradaally higher. It rsse 15 eeats sa Msaday. Tetal dlspssals is--41 tinifjg sa Miimlit mm81 words
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Article200 1986-05-28 7 MALAYSIAN crude palm oil prices closed higher yesterday on light covering and speculative buying interest, with the rise in palm oil futures supporting levels. But trading was curbed by a lack of a clear overseas lead due to the closure of the Chicago soybean complex on Monday night.200 words
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205 1986-05-28 7 Reuter PREUSSAG AG said it will sue member governments of the International Tin Council (ITC) if it fails in court to get the council to pay compensation for losses caused by a special cash settlement of outstanding tin contracts following the international tin crisis.Reuter - 205 words
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521 1986-05-28 7 NYT UNTIL RECENTLY, uranium mining seemed about as promising a business on the Colorado River Plateau as grazing steers in New York's Central Park, but the discovery of some rich uranium ore deposits along the border of the Grand Canyon National Park is changing that. SeveralNYT - 521 words
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Article117 1986-05-28 7 Reuter PHILIPINE FARMERS asked the government on Monday to check carefully for radioactivity in imports of urea fertiliser from the Soviet Union. "It is necessary that the government take the appropriate measures to safeguard the country's food production and the health of the consuming public," theReuter - 117 words
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139 1986-05-28 7 Reuter TAIWAN, which imports most of its oil from the Middle East and Asia, said yesterday it would buy crude from Mexico for the first time. An Economics Ministry official told reporters about 700,000 barrels would be imported from Mexico later this yearReuter - 139 words
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Article86 1986-05-28 7 AFP CHINA became the world's second largest honey exporter last year with about 54,000 tonnes sold to more than 40 countries. The country's six million bees in 1985 produced about 155,000 tonnes of honey, making China the world's second largest honey producer after the SovietAFP - 86 words
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Page 7 Advertisements
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Advertisement119 1986-05-28 7 V*.v. r® tEf 'II LP *>* In her heart; in her mind, you have always been first. W, A V m 4 'HP i M rv s V JAPAN AIR LINES Call JAL Passenger Reservations Tel: *****22 or your Travel Agent. V t u RrstClass Step aboard JAL First Class.119 words
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FEATURES
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Article543 1986-05-28 8 WILL SOMEBODY stand up and tell the shareholders exactly what is going on! It seems amazing that the directors of some public companies regularly keep their shareholders in the dark about exactly what is happening to their businesses. In such cases, it is almost as if543 words
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Article, Illustration843 1986-05-28 8 DAVID DODWELL - To get round the latest laws brought in to protect US textile manufacturers from imports, Hongkong garment makers are buying computerised knitting machines from Japan. DAVID DODWELL describes how it works. DAVID DODWELL FT LEADING KNITWEAR manufacturers have over the past year invested more than HKJ3OOFT - 843 words
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492 1986-05-28 8 Kuik See Juan - Letter to the Editor Kuik See Juan Director, Bon vests Holdings Limited Dear Sir, We refer to the article "Departure of Isetan will leave a big hole in Bonvests' pocket" by Hock Lock Siew in BT on May 22, 1966. Your article assumed that Isetan492 words
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Page 8 Advertisements
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Advertisement131 1986-05-28 8 CROSS' SINCE 1046 For generations of writing pleasure. Cross pens and emblems are mechanically guaranteed forever ®§$mOUTRIE PRIMTE LimiTED 3rd Storey. Building No 9. 989 Bukit Timah Road. Singapore 2158 PiiciriDCC fiftc There are all sorts of occasions vJIVC VJIALO when a Cross emblem pen can Tlioi T ocf AT131 words
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Advertisement287 1986-05-28 8 TbughTimes Never Last, But Tough People Do! S™ Dr. Schuller shows you how to build a positive self- image, no matter what your problem. Whether it's economic recession, unemployment poor health, loneliness, fear or anything else that blocks your success, you can turn your negative into a positive. No matter287 words
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Page 8 Miscellaneous
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Miscellaneous706 1986-05-28 8 Bristol I e>ROTneRS PiND > fqj-OU; U3OR<6J?S/ THe -T irne HPvS x oFSLßvegyfj CRST OFT vok£ OF oppression' W\lH CvfeSTeß-f££RYs 111 7§C^FLfc £^4 fovAPfT Or 4 CRYPTIC PUZZLE ACROSS 1 If you are one, you hove it (and you start it) (5) 6 Where to get lithe somehow (5) 9706 words
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SPORTS
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Article, Illustration242 1986-05-28 9 AP IN A RARE pre-tournament meeting of two World Cup qualifiers, Bulgaria scored a surprise 4-1 win over favoured Uruguay in Toluca, Mexico, on Monday. The Balkan team, under pressure at the start, came from behind to take control after replacing most of its regular lineupAP - 242 words
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Article79 1986-05-28 9 AP DIEGO MARADONA scored a superb goal and created two others on Monday to set up a 3-1 victory for Argentina over the Mexican First Division team Neza in a World Cup preparation game. Replacement strikers Pedro Pasculli and Sergio Almiron added to Argentina's score, converting two cleverAP - 79 words
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518 1986-05-28 9 UPT TWO-TIME millionaire Snow Chief, making an assault on racing's all-time earnings record, pulled away from up-set-minded Mogambo in the stretch on Monday to win the US$l million Jersey Derby at Garden State Park by two lengths. Tasso, the 1965 2-year-old championUPT - 518 words
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Article169 1986-05-28 9 Bernama THE MALAYSIAN Open championship is back in the national athletics diary and a deluge of Asian stars are expected to hail the revival of the once spectacular affair at Stadium Merdeka in Kuala Lumpur in August. And the big names included Asian ace high jumperBernama - 169 words
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Article448 1986-05-28 9 WALTON MORAIS - Tennis association faces problems of getting a team By WALTON MORAIS IN SPITE OF difficulties in raising a team this season, Singapore is likely to take part in the LTAM Cup inter-state tennis team championship at Pulau Pinang on August 15-17. The Republic448 words
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Article, Illustration523 1986-05-28 9 Reuter TOP MEN'S seed Ivan Lendl and defending women's champion Chris Evert Lloyd cruised to confident straight-set victories in the first round of the French Open tennis championships at Roland Garros on Monday. Other seeds such as Czechoslovak Helena Sukova andReuter - 523 words
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324 1986-05-28 9 AFP 0 THE AMAZING runners-up record of Australian Rodger DaVfk ended at Wentworth, when he beat Ireland's Des Smyth to win the European PGA championship on Monday. A bizarre play-off was virtually a repeat of last year until Davis came through with an ingloriousAFP - 324 words
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Page 9 Advertisements
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Advertisement30 1986-05-28 9 RADO DiaStar «Anatom» Diamond-polished Convex Sapphire Crystal. Scratchproof. Waterproof. i '/////mm RADO SERVICE CENTRE: NEW HORIZONS SINGAPORE PTE LTD 35 Selegie Road #81-06 Parklane Shopping Mall, Singapore 0718. Tel: *****11/2.30 words
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Page 9 Miscellaneous
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Miscellaneous1124 1986-05-28 9 to ma mm ALL THE WORLD'S A BTAQE "Entar Dionysus" Bpm, Channal 12 The emergence of the theatre from its ritual beginnings to the so-called high art form called modern drama is traced in this programme. It looks at the Greek's passion for the theatre, the emergence of the individual1,124 words
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INTERNATIONAL STOCKS
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325 1986-05-28 10 Reuter RECEIVERS for Dubai entrepreneur Abdul Wahab Galadari, whose business empire crumbled in late 1963, have made their first payments to creditors totalling three-quar-ters of outstanding debts, an official said. Abdullah Hassan al-Rosta-mani, a member of the committee of receivers appointed by the DubaiReuter - 325 words
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262 1986-05-28 10 Reuter PR£USSAG AG, the West German metals and energy group, expects results to come under considerable pressure in 1966 after profits were hit in 1965 by weak metal prices, sluggish metal trading and the tin crisis. The group barely broke evenReuter - 262 words
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394 1986-05-28 10 Reuter THE ARREST of Dubai entrepreneur Abdul Wahab Gala dari in New York on drug charges is the latest chapter in the collapse of a business empire that stretched from Hongkong to the US. Four years ago, Iranian-born Mr Galadari, 49, was at hisReuter - 394 words
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154 1986-05-28 10 Reuter DEGUSSA AG should record good results again for the year 1965-86 in spite of continuing pressure on prices and from competitors, the firm said in a half-yearly report. No details were given of first-half profits, but it reported a 9.9 per centReuter - 154 words
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Article151 1986-05-28 10 MAY 26 CS hnp 0« 43* hco 171k inch k* Pro* Ptpo 44 Abtfto 24* ki km /Mean 40* K«r Add 16 AJgomo IM LoMo» 8 13% +H Bank Moor 32* Mmm» Forg 3* Bank Novo Scolio 14* inch Mc BkxM 33* Bol Canada 39* Mofcon A 27 Bp151 words
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Article199 1986-05-28 10 MAY 26 kd Un St*«l WooHru 60 1400 unch INDUSTRIALS MMMGS A Atpha -7 An0o» 4435 35 1125 Angvoal *****8 inch 5 1800 Anuprop 4150 Buttah 7200 unch 40 25 undi Chart *r ***** C G Sn*h 2850 Can* Gold Con* Murch ***** 1025 unch Cum* Finar Edgan F*d199 words
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Article769 1986-05-28 10 Amsterdam MAY 26 ABN 599 00 -8 110.00 -0.2 Ahold 82 70 -1.5 Akto 174 20 -3.1 AHnta ***** +0.3 A*€V 85.80 -It 112.20 -1.3 Am S*od 126 50 -0 5 Baikal 27.00 -2.5 Bonunij Buahrman Taftarc 721 00 -3 x>a... 187 00 -03 650 00 -5 Fkmar769 words
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Article72 1986-05-28 10 Reuter THE FALL in value in French shares by nearly 10 per cent over the past two bourse sessions was partly triggered by selling by foreign investors. The chairman of the Stockbrokers' Association Xavier Dupont yesterday said the fall was made worse by concerns over tensionsReuter - 72 words
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Page 10 Advertisements
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Advertisement671 1986-05-28 10 •s Where wiai ilae aai eatertaia bp #r:P A sumptuous family treatnowavailable on SUNDAYS TOO k_J with a delicious spread of ever twenty delightful dishes and desserts! Lunch: 12 to 2.30 pm Wednesday A Sunday at Terrace Garden Coffee House 181 Kitchener Road. Singapore 0820. Tel. *****22 Heartthrob Special V671 words
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Advertisement164 1986-05-28 10 Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat for the family. Weekday fare (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person). W Two splendid menus for busy164 words
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ASIAN STOCKS
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Article388 1986-05-28 11 HONGKONG: Share prices yesterday closed firmer following news that Swire Properties Ltd bought a major site for HK$l.OO5 billion in a government land auction yesterday afternoon. But the price was within expectations and failed to trigger much buying in the stock market. The Hang Seng Index finished up 4.43388 words
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Article252 1986-05-28 11 MAY 27 NT Kofcn 28 90 0.1 Al Smcere Indus Askj Cement 2 29 25 20 unch +02 Kuochan Dev Lee Chang Yuen 21 30 27 00 -0.1 -0 1 31 10 12 85 0 05 Chang Hwo Bank 44 70 26 20 03 1 6 Nan Yo Ptas252 words
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Article389 1986-05-28 11 TOKYO: Share prices yesterday rose in active trading to boost the Market Average 57.86 to close at a record 16,467.35, surpassing the previous record close of 16,409.49 on Monday. Turnover was 630 million shares against 480 million on Monday, when the average gained 12.17. The market recovered from a389 words
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Article67 1986-05-28 11 MAY 27 Aco Mining Anglo PhJ r«o, Morsteel Onentol B Pt*l Overveos 0 009 unch 0.017 unch Ape* Mining B 0 006 Pic oo B plot Atlas Con. B 13 unch 0001 unch ***** unch 41 -1 0004 0 0075 0 001 B«nguet Con B 80 S«t«« Darby 967 words
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Article384 1986-05-28 11 SYDNEY: Sharemarkets yesterday closed slightly easier in mixed trading, with BHP the centre of attention as the Bell partial takeover offer drew to a close. The All Ordinaries Index closed 3.3 points down at 1200.9 and the All Industrials lost 4.4 points to 1939.7. The All Resources Index fell384 words
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Article76 1986-05-28 11 MAY 27 Won Hyundoi Const 910 12 Hyundai Motor 2395 15 Bank Seoul 68S •10 KAL 1280 70 Choheung Bk 647 2 Korea First 705 unch Commercial Bk 695 -5 2925 23 .1 540 5 435 Daewoo Corp 1024 40 Lucky Ltd 1250 31 1392 13 1210 29 48776 words
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Article140 1986-05-28 11 BANGKOK: The Securities Exchange of Thailand Index yesterday fell 0.16 point to 129.54. Turnover was 163,468 shares valued at 16.8 million baht. MAY 27 •efcti SerrrruA u Sam Citizens SUSP Alio Ffere Ayudhyo Investment Bangkok Agro-lnd 135 26 3 -0 25 unch -1 Siam Citizens leosng Snm City Cement140 words
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Article62 1986-05-28 11 AFP YAMAHA has expressed interest in acquiring a majority stake in the French manufacturer of bicycles and motorcycles, MBK. Yamaha currently has a 10 per cent interest in MBK. MBK officials said on Monday the Japanese participation could be raised to above 50 per cent, butAFP - 62 words
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Article113 1986-05-28 11 UPI SHARP CORP, a major Japanese electrical appliance manufacturer, has recorded increases in unconsolidated profits and sales for the year ended last March 31. The company, based in Osaka, said on Monday ordinary profits rose by 1.6 per cent over a year ago to 64.37 billionUPI - 113 words
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99 1986-05-28 11 UPI TOKYO ELECTRIC POWER CO, taking advantage of the yen's appreciation and lower oil prices, has chalked up record unconsolidated profits for the year ended last March 31. The company said on Tuesday ordinary unconsolidated profits rose by 57.8 per cent over the precedingUPI - 99 words
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405 1986-05-28 11 Reuter THE PHILIPPINE government will name only six members to the 15-man board of San Miguel Corp, (SMC), even though it controls over 56 per cent of its shares, a senior official of the Presidential Commission on Good Government said yesterday. RamonReuter - 405 words
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180 1986-05-28 11 Reuter KOREAN AIR LINES CO LTD has raised a US$76-million partly tax-spared loan secured by a mortgage on two Airbus A3OO planes, banking sources say. The 10-year loan comprises a US$3l.4 million British tax-spared tranche, a U5535.6 million Belgian tax-spared tranche and a US$9Reuter - 180 words
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Page 11 Advertisements
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Advertisement132 1986-05-28 11 T %i 7 V T N wtrm tmzt ■^^Bm^^WUSk^Sa^%fiww■mm':&sgwitelSßWiy ja BTS ZT£ n: K »f=j> *.>■ For a Rsranakan 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,132 words
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Advertisement113 1986-05-28 11 Rendezvous in the Park Cafe in the Park. On green, exclusive Nassim Hill. Discover international and local favourites done to perfection. Prawn Mee. Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. Plus a whole lot more. All in our a la carte menu. Ample free parking. Century Park Sheraton Singapore113 words
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Advertisement145 1986-05-28 11 Labour Month Celebrations May 23 Dance Extravaganza Showtime: 11pm May 30 Fancy Dress Contest T1 x J* Ist Drink Charges: Sun-Thur: 9pm 2am;Ssl2** Fri, Sat Eve of Public Holidays: 9pm 3am; $18** LADIES NIGHT NO COVER CHARGE Tuesdays Wednesdays ExcofSor Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 Meals at145 words
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Advertisement118 1986-05-28 11 I RONNIE GORBETT c Tuesday. 27 May Wednesday. 28 May HYATT Regency@Singapore For reservations please call *****88 Ext 2574 IrrtM mhiiUt^Mpr CATHAY PACIFIC U lD v vr Attnd ilm tabm thr«tr ai WARNING H'c niMMr no mpomilMliim Supreme Events in Cuisine No. 5 THE BELVEDERE'S SWISS BUFFET VIOM IHOO i118 words
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Advertisement111 1986-05-28 11 I 2 Live Bands Nightly) spm -1 am (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Daily) It's a real happy time! Just buy a drink and get the second FREE (except premium brands) HQBPB QflHjS Wall known band MB CAIRNHILL TRIO HP with111 words
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BANKING AND FINANCE
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Article, Illustration526 1986-05-28 12 ELAINE KOH - By ELAINE KOH X REALISED GAIN of $6 million from the sale of quoted shares enabled Far Eastern Bank (FEB) to buck the indus- try's trend by chalking up a higher net profit of $4.2 million last year. This was the second consecutjye526 words
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295 1986-05-28 12 Reuter FOREIGN BANKS that rushed In the 1970s to set up branches in the oil-rich United Arab Emirates (UAE) are now reviewing their presence after a tough 1985 in which most lost money. Mounting bad debts and sluggish business caused by lower oil revenuesReuter - 295 words
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509 1986-05-28 12 Reuter KUWAITI BANKS' profits have suffered a serious blow as a result of central bank action to ensure they cover themselves against doubtful customer loans. The banks have entered a fourth year of recession, caused by falling oil income and aReuter - 509 words
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315 1986-05-28 12 Reuter BERYL SPRINKEL, the chairman of President Reagan's Council of Economic Advisers, said US Interest rates could firm up in the second half of this year but that the rise would only be temporary. He also told a meeting of Swiss bankers andReuter - 315 words
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158 1986-05-28 12 AFP NIGERIA is seeking to reschedule its debt to foreign banks before its debt to foreign governments. Finance Minister Chu Okoogwu said on Monday that to reschedule the private debt before the public debt "can be done, of course. We are working onAFP - 158 words
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MONEY AND EXCHANGES
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Article862 1986-05-28 12 SINGAPORE The US dollar closed higher yesterday against major European currencies but slightly lower against the yen, in quiet late trading. The dollar's rise in the afternoon reflected European buying, in a market -'which was otherwise dull and featureless due to the absence of fresh factors following the862 words
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Article222 1986-05-28 12 Interbank rates at 3pm yesterday: Local dollar* to m* (j nit nt fftf inn Md Offer ifooo portly currency US dolor 2 2275 2 2285 2.8196 •21.00 Sterling pound 3 3200 ***** 7 3469 •54.81 Australian dollar 1.6038 1 6067 ***** -53 22 NZ donor 1 2373 1222 words
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Article329 1986-05-28 12 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet trading yesterday. Most operators were cautious and unwilling to take positions due to lack of fresh factors and the closure of the UK and US markets on Monday also dampened activity. The market is now awaiting the329 words
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Article385 1986-05-28 12 BA Futures THE RELEASE of minutes of the last FOMC meeting was seen as bullish in the EraisMar futures market. September Eurodollar gapped up from the previous CME close at 93.03 but could not make further progress initially from this level due to strong technical resistance. But Liffe openingBA Futures - 385 words
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Article126 1986-05-28 12 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/8 point from Monday to close at 5 per cent yesterday. The one-month term rate remained unchanged while the two and threemonth term rates rose by 1/16 point each. S$ Interbank rates at 7pm yesterday: Off* M126 words
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Article, Illustration261 1986-05-28 12 HONGKONG: The metal closed easier yesterday in the (ace of the strengthening US dollar but trading was quiet after the long weekend in the US and London. Bullion ended at U*****.20/50 an ounce against an initial $341.60/342.00 and Monday's close here of $341.70/342.20. It recovered from the day's low261 words
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Page 12 Advertisements
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Advertisement88 1986-05-28 12 •V m 4 m r>. k< H A, v# H HP >v our musical dynamos from the Philippines are now making waves at the Cathay Restaurant. You'll like what you hear, and hear what you like. The soothing, satin sounds that distinguishes Cathay as the Chinese restaurant with the international88 words
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Advertisement125 1986-05-28 12 U.S. $500,000 AND UP FUND'S AVAILABLE NOW! Financing available for new Start-up Business. Established Businesses requiring expansion capital and Real Estate projects. Loans and Guarantees from U.S. $500,000 and up. Bank Guarantees and Letters of Credit with sinking funds also available. Excellent terms, fast service. Confidential applications from Principals only.125 words
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SHARE INFORMATION
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Article, Illustration4104 1986-05-28 13 THE MOMENTUM which was generated by Monday's strong rally on the Singapore stock market was carried into yesterday, with volume rising to an active 16.03 million shares valued at $22.14 million from the previous day's 10.07 million units worth $15.62 million. There were4,104 words
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Article251 1986-05-28 13 SINGAPORE Rises Irv dicN Moy 26 Moy 27 517 93 526 77 FAN W. 615 310 7« 15 13 13 13 12 12 12 12 12 11 11 11 10 10 10 10 8T Compel it« WMfMI IT Indicotor *****06 *****60 /D 60 316 312 216 190251 words
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Article3469 1986-05-28 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (11 OB) (8) 1.07(11) 1 08 (6) 1 09 (19) 1 10 (4) 1.09 (1) 1 08 (15) I.IOCD Alcorn (0 466) (2) 0.48 (2) 048 Amol Steel 50« (0 646 0 64*. S) (10) 0 60* (10) 0.60 (3)3,469 words
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Page 13 Advertisements
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Advertisement10 1986-05-28 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration724 1986-05-28 14 NST THE REFUSAL by business partners Datuk Abdullah Mohamed and Datuk Mak Kok to make public their stake in Supreme Corporation Bhd has prompted interest in the actual size of their equity holding. Their persistence in keeping muni has raised doubts in someNST - 724 words
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Article470 1986-05-28 14 SHARE PRICES moved steadily upward across the board in active trading at the Kuala Lumpur stock market yesterday. Blue chips were active and attracted attention, closing substantially higher. The better sentiment spilled over to lower liners and these also ended in plus territory. Promet emerged as470 words
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661 1986-05-28 14 MBT MERCHANT BANKERS in Kuala Lumpur are expected to ask (or an amendment to Section Six of the Securities Industry Act, upon which the High Court had ruled that a takeover bid must have prior approval from the Capital Issues Committee. Section Six, whichMBT - 661 words
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169 1986-05-28 14 LEADING fertiliser producer Chemical Company of Malaysia Bhd (CCM) has reported a modest rise in its operating profits for the half year ended March 31, 1966. Pre-tax profits were up 14 per cent to MsB.l million, against $7.1 million in the cor- responding169 words
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Article2903 1986-05-28 14 MDUSTRMLS Ajinomoto (3 06S) (I) 2 95 (1) 299 AMD (3 I OS) Alcorn (0 56*6) (4) 0 56 (1) 0 56Mi AISB (0 48* 8 0 495) (20) 0 48 AW (0 356) (8) 0.34(2)0.35 ASM (0.765) (31) 0.7) (2) 0.72 (27) 0 732,903 words
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Article107 1986-05-28 14 HONGKONG All Industrials Hong Kong Index Tuesday 1129 30 Tuesday 1939.7 Monday 1944.1 Monday 1126.70 Week ago 1910.4 Week ago 1105.97 NEW YORK Hong Seng Index Tuesday 1816.30 Dow Jones Monday 1811.87 Monday Closed Week ago 1777.27 Friday 1823.29 Week ago 1758.19 TOKYO Stondord Poors Nikkei Average Tuesday107 words
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Article279 1986-05-28 14 Monogcrs' prices ♦or May 28 MARA-Bumiputra First B'putro 4 02 4 0" Singapore Unit Trust The Commerce 0 75 0 80* Second B'putro Third B'putro Fourth B'putro 3 79 3 8' 3 20 3 2! 3 42 3 4; The Savings Fund 0 65 0 69 Fifth B'putro279 words
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Article, Illustration421 1986-05-28 15 CHAN OI CHEE - By CHAN OI CHEE INTRACO LTD made a four-fold increase in provisions for doubtful debts to $7 million (from $1.4 million) which resulted in a trading loss for the group last year. The notes to Intraco's audited accounts for the year ended421 words
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Article313 1986-05-28 15 SIME Sembawang Engineering Sdn Bhd has clinched a number of new orders for fabrication work in the offshore oil industry, and orders on hand are now worth some Ms6o million. The company, a joint venture between Sime Darby and Sembawang Engineering of Singapore, is expected313 words
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340 1986-05-28 15 SHELL REFINING CO (FOM) Bhd's profits this year will depend on how well the company is able to preserve a reasonable margin between the price of crude and the price of the final products sold, said its chairman R M Charlton at340 words
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Article125 1986-05-28 15 CYCLE k CARRIAGE Ltd's Chua Boon Unn will be stepping down as group managing director on June 30, but will remain as a non-executive director. The company announced yesterday that Mr Thomas Chua Boon Lee will assume the position of group chief executive of CAC with125 words
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Article347 1986-05-28 15 THE HONGKONG ft Kowlooa Wharf ft Godowa Compaay Ltd has received acceptances totalling 715,000 shares for its takeover offer of Hotel Marco Polo Ltd. This, together with its original holding of 53.77 million Marco Polo shares prior to the commencement of the offer period, brings Wharf's total shareholding347 words
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Article, Illustration533 1986-05-28 15 HOMER CHEN - Lyall Evatt, Hong Leong Finance the respective plaintiffs By HOMER CHEN MALAYSIAN businessman Yap Yong Seong, popularly known as Duta Yap, and his close associate, Datuk Mohamed Sal]eh Yusof, are the targets of civil court actions here. In the case of Duta Yap,533 words
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Page 14 Advertisements
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Advertisement306 1986-05-28 14 MALAXAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) Notice of Meeting NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at the MUI Plaza Conference Centre, Ist Floor, MUI Plaza, Jalan P Ramlee, ***** Kuala Lumpur on 13th June, 1986 at 11.30 а.m. for306 words
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Advertisement263 1986-05-28 14 MALAYAN UNITED MANUFACTURING BERHAD (Incorporated n Malaysia) Notice of Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the MUI Plaza Conference Centre, Ist Floor, MUI Plaza, Jalan P Ramlee, ***** Kuala Lumpur on 13th June, 1986 at 11 a.m. for the263 words
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Advertisement264 1986-05-28 14 ESTMACO TRADMG PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN mat at an txrraofoinary uanerai Mceong or ESTTMACO TOONG PTE LTD duty convened and held at 36 Robinson Road. IK-01/02 City House. Singapore 0106. on 22 May 1906 the Mowing resolutions were duty passed as SPECIAL RESOLUTION That the264 words
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Advertisement235 1986-05-28 14 NOTICES Kir i 3E m (IN UQUIDAnON) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of members of EBKECH COMPANY (S) PTE. LTD. duly convened and held at 5001 Beach Road, #M-20, Golden Mile Complex, Singapore 0719, on the 22nd May 1986, the following Resolutions were duly passed: SPECIAL RESOLUTION235 words
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Page 15 Advertisements
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Advertisement1328 1986-05-28 15 Registered Office: 500 Bouri* Street, Melbourne, Victoria, Austral is. Balance Sheet as at September 30, 1985 National Australia Bank Limited and subsidiary companies. Statement of Profit and Loss for year ended September 30, 1985. Dollars in Thousands A I ith nUaa »A-I AutnonsM uaprtai 344,005,527 ordinary stock units of $11,328 words
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Article, Illustration298 1986-05-28 16 SINGAPORE'S first two Mass Rapid Transit trains of six cars each arrived at the Tanjong Pagar Container Terminal early yesterday. The operation to unload the 12 cars will last two days. Each car costs $1.46 million. The first of the cars, all wrapped298 words
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430 1986-05-28 16 ANNA TEO - By ANNA TEO A GOOD SHOWING in the past year has prompted Degussa Pte Ltd, one of only two gold refiners in Singapore, to double its refining capacity and office space. The company, a multi-mil-lion-dollar investment by German company Degussa AG to recover gold430 words
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171 1986-05-28 16 AFP AP SWIRE PROPERTIES yesterday beat off three challengers with a successful HK$l billion bid for a prime development site on the edge of the Hongkong business district. Swire topped the auction with a bid of HK$l.OO5 billion for the 1.6-hectare site, theAFP; AP - 171 words
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Article209 1986-05-28 16 Bernama THE NUMBER of cars entering Johore Bahru from Singapore every day increased by about 27 per cent in the first two weeks of this month. According to an adhoc survey by the Johore Immigration Department, the increase was largely to the abolition ofBernama - 209 words
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226 1986-05-28 16 AFP MAIN NON-OPEC oil exporters, excluding Britain, have indicated willingness to reduce oil output if Opec can agree on a production-cutting scheme to boost prices. Indonesian Energy Minister Subroto said in Jakarta yesterday that five countries Malaysia, Mexico, Egypt, Angola and Oman hadAFP - 226 words
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217 1986-05-28 16 Reuter THE RULING Liberal Democratic Party in Japan, faced with the prospect of a July general election, is considering introducing a major reflationary economic package, party sources said. They said LDP executives agreed on Monday to seek up to an extra 3,000Reuter - 217 words
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130 1986-05-28 16 Reuter WHEN NIGHT NURSE Daphne Connell goes off duty, she starts her day job as an undertaker. She sees no conflict of interest, saying the funeral business is a natural progression from her nursing at Ham Green Hospital near Bristol. "TheyReuter - 130 words
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Article90 1986-05-28 16 Reuter COMEX GOLD FUTURES rallied to unchanged levels in thin c morning dealings yesterday, c with support generated by the i dollar's retreat. Gold for delivery in June i moved up from a low of < U*****.30 to trade unchanged at i $342.40 an ounce. <Reuter - 90 words
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Article70 1986-05-28 16 Reuter THE WALL STREET stock market rose yesterday, extending the recovery that boosted it last week to the best gain in over two months, traders said. Declining rates, carry-over buying and ideas that oil prices could bade off aided the rise. The Dow Jones Industrial Average wasReuter - 70 words
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LATE FILE
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49 1986-05-28 16 Bernama THE PROTON SAGA is expected to be marketed in six nations Singapore, Sri Lanka, Brunei Darussalam, Bangladesh, Pakistan and Hongkong by the end of this year, Perusahaan Otomobil Nasional Sdn Bhd (Proton) executive director Datuk Wan Nik Ismail said yesterday. BeraamaBernama - 49 words
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Article46 1986-05-28 16 Reuter SOUTH KOREA'S two most prominent dissidents, Kim Dae-Jung and Kim YoungSam, yesterday said they had reversed an earlier position and agreed to President Chun Doo Hwan's offer to set up a special parliamentary committee to study constitutional changes. ReuterReuter - 46 words
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Article43 1986-05-28 16 Reuter INDONESIA, bowing to US pressure, has agreed to end government subsidies on steel exports to China, the state-owned Krakatau Steel Company said yesterday. The move effectively will halt the trade once contracts are completed in July. ReuterReuter - 43 words
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Article56 1986-05-28 16 Reuter THE AFRICAN National Congress (ANC) guerilla group has vowed to attack white civilians, Including children, in South Africa. The ANC representative to Zimbabwe told The Herald newspaper that Pretoria had shown its disregard for life by killing defenceless civilians and that his organisationReuter - 56 words
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54 1986-05-28 16 AP CHINESE-FOREIGN joint ventures in China that sell products on the Chinese market must use the metric system, the State Bureau of Measures and Weights said. China decided in 1984 to start using the metric system this year on all new equipment and to phase outAP - 54 words
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Page 16 Advertisements
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Advertisement236 1986-05-28 16 Computer Charting Service for Local Stock Market Analysis Jotn the major brokerage firms, banks and diversified institutions in subscribe to the most advanced Computer Charting Service for investment analysis and dedsion-making. CHAR TAMA TIC is an indispensable software tool for conducting technical analysis to support fundamental data research. Complete with236 words
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Advertisement761 1986-05-28 16 Pricaa will fall say experts, page 4 THE FLAVOUR OF JAPAN IN SINGAPORE IXAl.lkl OMOPJI/MVN FIXEST RESTAI RAMS IS \OW HfRI IX SI\(,AI\ )RF AT THE \\I:STI\ I'l \ZA IO( UNTINt I lIS TRADITION OF MORI THAN \HI \I)KI I) YEARS, IN THE EXQI ISITE ART < >FIAPA MM I761 words
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Advertisement8 1986-05-28 16 Dogussa oxpocts good result* this yoor, Pago 108 words
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Page 16 Miscellaneous
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Miscellaneous57 1986-05-28 16 Outlook toe todov: Showers over several areas in the kite morning ond early afternoon. Rep. art for 24 hours prior to 7.30pm on May 27 at the airport: Maximum temperature 32.2 Associated humidity 70 Minimum temperature 26.5 Associated humidity 91 Hours of sunshine 6.10 Romfall in millimetres nil Roinfoll this57 words
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SHIPPING TIMES
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246 1986-05-28 17 Seatrade Week THE US Federal Maritime Commission has again pulled the rug from under the Transpacific Freight Conference of Japan/Korea and the Japan/ Korea-Atlantic Gulf Freight Conference. The FMC seems to be regularly at odds with these two conferences regarding provisionsSeatrade Week - 246 words
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Article53 1986-05-28 17 Lloyd's List CHINA Ocean Steamship Co is to reactivate roll-on, roll-off calls to the port of Houston, resuming the service started in 1963, but which was suspended not long after. A Texas port spokesman said the service would begin today with the arrival of theLloyd's List - 53 words
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362 1986-05-28 17 G DURAIRAJ - By G DURAIRAJ A WEEKLY rail service has been planned to transport containers and conventional traffic between Johor port and Butterworth. The proposed service will use Kuala Lumpur depot as an intermediate station. Sources say trial runs conducted by362 words
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172 1986-05-28 17 UNITED STATES LINES will discontinue its allwater, weekly domestic service between the US east and west coasts next month. These changes are made in an effort to concentrate on the offshore and foreign markets. The American Resolute will make the last sailing from the172 words
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194 1986-05-28 17 SIX large ore/bulk carrier newbulldings are to be ordered at a cost of more than US$l2O million by Japanese owners on the strength of cargo guarantees from Nippon Steel. Lloyd's List reported that the Japanese steelmaker will provide 10-year employment contracts for the194 words
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Article118 1986-05-28 17 Opecna THE KUWAIT Oil Tanker Company (KOTC) is considering buying secondhand tankers to meet increasing demand for crude transport. Company chairman Abdulfattah Al-Badr said the used tankers cost less and had "positive consequences" for corporate profits. Cheaper oil prices had attracted more customers and increasedOpecna - 118 words
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PORT SIDES
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Article103 1986-05-28 17 Reuter ISHIKAWAJIMA-HARIMA Heavy Industries Co Ltd's current account may swing to a loss in the year ending March 31, 1987 because of low profitability in shipbuilding and the yen's appreciation against the dollar. Managing director Mitsuo Watanabe said sales in 1986/87 were likely to be belowReuter - 103 words
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697 1986-05-28 18 Reuter ONCE, when Britannia ruled the waves, there were 27 yards building ships on the river Tees in north-east England. Now the remaining yard has begun work on its final ship. A decision by state-owned British Shipbuilders two weeks ago to close Smith'sReuter - 697 words
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303 1986-05-28 18 Reuter MARINE SALVAGE teams battled on Monday to save a fullyladen supertanker, blasted twice in 24 hours by Iraqi missiles in the Gulf. A Teheran newspaper reported 10 of the crew were injured. The daily Islamic Republic newspaper said 10 ofReuter - 303 words
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Article453 1986-05-28 18 May 28-29 Subsea Defence '86 conference, the applications of commercial subsea technology to the defence industry, Crest Hotel, Bristol. June 2-7 Posidonia, international shipping exhibition and conference, Piraeus, Greece. Juno 3-5 Power Europe '86, power supply and conversion exhibition and conference, Rhein-Main Halle, Wiesbaden, West Germany. June 5-6453 words
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201 1986-05-28 18 UPI AN OVERLOADED ferryboat capsized on the Yellow River in northern China killing 129 people, according to official newspaper reports in Beijing yesterday. At mid-day on April 11, a ferry carrying more than 170 passengers was crossing the Yellow River inUPI - 201 words
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421 1986-05-28 18 "IT TOOK the bankruptcy of Sanko, Nakamura and the problems of Hongkong to demonstrate to a large number of so-called shipping financiers just how little they knew about the business of financing shipping." Fairplay magazine was speaking to an executive of one421 words
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559 1986-05-28 18 Fairplay "JAPANESE shippers have a traditional way of thinking and have, in general, been unaffected by the cheap offers of space that have been available". The speaker, from one of the most famous Japanese shipping companies, continued. "Mind you, there are aFairplay - 559 words
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Article856 1986-05-28 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Arvro Service IV 3/4 Aqua Lines X/IX 2/4 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL856 words
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184 1986-05-28 18 UP TO 600 people are now feared to have been killed when a crowded river ferry turned turtle during a storm in southern Bangladesh. The double-decker ferry Samia overturned in the Meghna River with at least 1,000 people aboard shortly after sailing from184 words
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206 1986-05-28 19 UPI AN APPELLATE court in Piraeus reduced the jail sentences of the officers of the Liberian-registered tanker Salem and the ship's agent, convicted last year for what the prosecutor had described as the greatest maritime fraud in history. The crew of the Salem, actingUPI - 206 words
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405 1986-05-28 19 Lloyd s List EXPENDITURE in 1986 for leasing and rental commitments running from one to seven years will amount to Danish Kr9o million (US$lO.9 million), said the Copen-hagen-based J Lauritzen shipping and offshore group in its annual report. The fleet it operated at theLloyd s List - 405 words
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165 1986-05-28 19 FT FJELLSTRAND, a west Norwegian shipyard which specialises in building high-speed aluminium passenger ferries with catamaran hulls, has booked its largest order for 10 vessels each 38.8 m long, with seating for 450 passengers. The contract, worth about US$3B million, comes from a new-ly-established companyFT - 165 words
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308 1986-05-28 19 UNIFORM legal rules on the liability of operators of transport terminals are being prepared by the United Nations Commission on International Trade Law (Uncitral). The rules will govern liability for loss of and damage to goods involved in international transport while308 words
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205 1986-05-28 19 AP INDONESIAN authorities may move to claim the rights to US$l5 million worth of china and gold bullion that were auctioned in Amsterdam earlier this month. The goods might have been recovered illegally from the wreck of a Dutch ship, the Geldermalsea, whichAP - 205 words
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Article187 1986-05-28 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 (3TRAITB/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.187 words
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94 1986-05-28 19 AFP AN AUSTRALIAN sailing ship with eight tourists on board have been put under detention in the Moluccan town of Ambon for carrying firearms. Antara news agency said the sailing boat, the Kya passim, called at Ambon port on Sunday to replenish provisions.AFP - 94 words
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Article4985 1986-05-28 20 3®aß[pqEß A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at4,985 words
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Article716 1986-05-28 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Chev V Belle 46/409 28.5.86 1600 Optorg F1 0700-0800 W5 N Beryl 15W 28.5.86 2359 NAPL F1 1400-1600 B6 B Kemuning 71N 28 5.86 2300 S'pore Shpg716 words
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Article540 1986-05-28 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure &SPL, K24W SSPL olongside 28 5/0600 Larkspur KI5 Borneo alongside 28 5/2300 Roioh Brooke K25W SSPL alongside 28 5/0600 Tongbaishon K33 Y Fung olongside 28 5/1500 Yuheng No 2 KI1 J Manners olongside 28 5/2300 Auby K25W SSPL 28540 words
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Page 17 Advertisements
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Advertisement616 1986-05-28 17 `|})![",}^];``^+`[((^*,)~^>>$>~ O®CL Ohjent Oveiqeas Co*Lim\ Line MUM SHPPW6 AGENCfS (Kef Hi. 2421(4/ 00» 70 Stanton Way #04-03 Marina Home SMpwore 0207 Tct *****11 TELEX NO RS ***** crs OFFICE TPC #03-029 Tel *****31 and *****32 Terminal office TPC #***** Tel *****90/*****93/2203?01 pesaka mm shtpwg mooes son m PETALMG iAYA TEL616 words
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Advertisement63 1986-05-28 17 rasa THE SANKO FIASCO has scared many institutions away from shipping financing. Pag« II EXPENDITURE in 1986 for leasing ond rental commitments running from one to seven years will total US$lO.9 million for J Lauritzen. The Baltic exchange was closed on Monday. P«g« 111 Index to odvertiiers II Shipping Schedules63 words
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Advertisement1154 1986-05-28 17 I I.I! 11l KM n V s) Concise Comprehensive Contemporary I) < i« >I|,U j-.ns HFEDQUU. J- 1 MAERSK LINE F d lTu"o FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS INGAPORE/KUWAIT —11 DAYS Voy S" pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST1,154 words
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Page 18 Advertisements
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Advertisement246 1986-05-28 18 V C T rTVTir YAMASHITA-SHINNIHON LINE J. «U« MJM if M'J TRANS-PACIFIC SERVICES STRAITS FEEDER I Pacific South Weet I Pacific North Wwt Atlantic/Canada Feeder at Kao I Feeder at Kao I Feeder at Kobe IIIALBI I EMI imMiiy! 31 BB«IM n 1111: ■miw betj imnTum rznr TCTTT! for USA246 words
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Advertisement169 1986-05-28 18 TT? n «:=i Supercarrier Service TO: PANAMA US WC/EC/ C. AMERICA l«/ 7 2»/7 12/1 Mm acapfe( c«*n tar Hoiston (Ml). S Franca (MM. Stoctten and Sao ft»t» M L Anntn Chariestan «a S*4l CMMCM Arab* Curacao. Bridgetown FMpsiwr|. Port ot Spam Hamtton Kingston St Mas Basse Terr*. Castries Fort169 words
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Page 19 Advertisements
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Advertisement953 1986-05-28 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT OSAKA BAT BREMEN EXPRESS KONLOON BAT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PEGASUS mot PEGASUS now BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 ACCEPTS CAKO OK SMS In Port 29 May953 words
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Advertisement553 1986-05-28 19 Franco Belgian Services g&j i r I ,*t tr. n. h h.t. >. >• nh fir ~+l,-rn I in. CHN* CONTMO at PMB we comwo OHMTM OCF It,, kMl.l'. innon ccwmmi STOK PJtOME U Hnt Ite Fltewt Hm rtfcrca M b. Nrt Hty) 1( km 17 Mi It IM 21553 words
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Page 20 Advertisements
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Advertisement372 1986-05-28 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS Wand haulage to inland destinations in Europe S'pore Itnorißfc UUWd L£M€* 15/$ 17/$ l»/$ M TOMS 24 6 2t/C 6 M. NUBMMUH 9/7 U/7 13/7 7/1 tan Ma* Bkrrw A'werp 24/7 15/7 U/7 2/1 22/7 25/7 23/1 IC/I 18/1 12/1 FROM N. CONTINENT &UK IMPORTS Brmn372 words
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Advertisement142 1986-05-28 20 K.S LINE FROM EUROPE VIA SUEZ Member of the Ace Consortium rKtimf Spart HKan( Kmlhi Bwm Myt 5/6) 3/6 7/6 8/6 11/6 16/6 (12/6) 10/6 14/6 15/6 18/6 23/6 (19/6) 17/6 21/6 22/6 25/6 30/6 (26/6) 24/6 28/6 29/6 2/7 7/7 hp Tun cram 34c KOREAN CHANCE 261 SEVEN SEAS142 words
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Advertisement579 1986-05-28 20 HL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** L I \SII RN CAR I IM R. I II). INTERMARITIME LTD K. Kinabahj (Sub A|«i<) T«fc *****0 Mart* (Sub kgaM) Tel: (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS w km ski* sr n579 words
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Advertisement303 1986-05-28 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) also »cc£pt«g ia/fa t Fa/Fa to GOTHNBURG ANIMUS COPENMGEN. (810. STOCKHOLM. ICISBIU. BREACH MOOHAKM VIA HAMBURG iondon. southaatton. amncmester dwmrkiiam Lnoroa Glasgow ma foibtow AMSTERDAM MA ROTTERDAM US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN MED/RED SEA/F.E. DO ORBIT no303 words
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Advertisement220 1986-05-28 20 TUSINOSE u MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES n KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKctonc Lm4r| tar Kyowa Cosmos 7/6 layapura. Lae, P.Moresby. Honiara, Kieta. Rabaul. Noumea 0. Queen 28/6 Lae, Rabuai, Kieta, P. Moresby, Honiara, kfru» SUN UNION LINE KARACHI SERVH SMGAPORE220 words
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Page 21 Advertisements
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Advertisement783 1986-05-28 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT QOWA KOTA SINGA SIN JKT SBV SIN HKG KAO «TCH KEE BUS In Port Sailed Sailed 29/5 2/6 3/6 5/6 5/8 6/6 4/6 6/6 8/6 11/6 16/6 17/6 16/6 19/6 21/6783 words
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Advertisement45 1986-05-28 21 m THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT FRATA FRATA CONTAINER LINES FRATA SWPPING PTE LTD (TEL: *****04) PEKANBARU SHIPPING Tel: *****67/9 *****10 IfTfl ITO45 words
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Advertisement888 1986-05-28 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Mmo Mara Oiaka Bit Bremen Eipress K osteon Bit Kim* Mara City ol Ednbufy Frankfort Eipreu Toluo [iprns Krtanc Mara Osaka Bit STOW P KIANG s jfcd 29/s 4/6 11/6 12/( 11/6 20/ C 26/6 21/6 4/7 C/ 7 11/7 11/7 20/7 22/7888 words
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Advertisement640 1986-05-28 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE Spore Genoa Bftao Le Havrtidn Adam/RdamHliurf GANDA BHAKTI VISNB 0-1/0 3/7 10/7 13/7 15/7 10/7 20/7 S'porc Bftao Adam/Rdam Hambw(/Bremen MATARAM Vl5-NB 20-22/6 15/7 10/7640 words
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Advertisement421 1986-05-28 21 BOUSTEAD SHIPPING AGENCIES StTTWAY *24 AUNGZEYA *393 htokywa mm PAGAN V 99* PA-AN V9SW Dtvcturpnc (My V* BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore PJ(ctanc Ptnanf I In 30/31 May 7/11 km 11/11 ton 12/14 Im 21/22 Ma? BANK LINE EXPRESS SEHCONTABQ soviet BBMBB to ukc spore421 words
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Page 22 Advertisements
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Advertisement1183 1986-05-28 22 USA CANADA ATLANTIC COAST (Round Tho World Sorvico) *jKline KAWASAKI KISEN KAISHA, LTD. PACIFIC COAST PACIFIC SOUTH WEST PACIFIC NORTH WEST FEDEX VS. SP PK PN SP MOTIO VSL T/S PORT LA/LB OAK MOTHER VSI ASM STAR *41 29 MAY 30 MAY 31 MAY 2 JUN B. BUDGE VS (TK)2O1,183 words
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Advertisement790 1986-05-28 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain*™ CAIABAR V? 6 20 tun ESTECEIPPERVS 1 Jul FSTEatPFERV6 3 Au( PManf linn Vfss* RAMDAS V 23 Sydo Aho Accepts 6 M Adel/Bris 19 M AM Bos RAMOAS V 73 I? Kin tun 7 tut 5 tut AdH/Bfis CHANOIOAS V? 0 78 tun790 words
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Advertisement741 1986-05-28 22 GOLDEN LINE GIMN GUM SWUNG (PTC) LTD 23. I** »r« SfrMl SMGAPORE IIM IU 5343M1 <1* ISES) STRAITS/PERSIAN GULF SERVICE: PMUn iGOLDEN HANOI Cotomtio ka<Khi Bombay Dubai 2/3 kM GOLDEN cm ColomboHaiachi/Mustat Onto 2R/22 kM CHMA OCEAN SUPPING CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA wu.\ i IM* na ii741 words
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Advertisement514 1986-05-28 22 INTRASIA (PTE) LTD 10 Anson Road 527 16 Internationa' Pia*3 Singapore 0207 Tel *****11 (10 Lines! iroaAfiAUMS <► BREAKBULK SERVICE TO EUROPE/UK P PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LINES) TELEX RS ***** PHILI wedut ia > Fa mbou-east ran F Ml-CAST POT n) su rain IVI. 14/4.514 words
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Page 23 Advertisements
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Advertisement779 1986-05-28 23 „NOL NEPTUNE ORIENT LINES LTD Agenh S p»e ICPTUNE AGENCCS PTE. LTD. Id Hi office Ttrmut CTS BOOMNCS 27W»77 Ft EU/AUST TPA/SEA *****77 *****22 *****53 MKCT UK *****53 *****42 I. Bahru HARPER MM SON. BM>. 2361 M f Kebm HARPER MM SON. BHD *****91 ?w P. la»a HARPER MM SON.779 words
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Advertisement394 1986-05-28 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN. INCHON WIS Mr 9 Ovum 604 M lb. t Doum 60V) No I Omwi/MMN No 7 Dmai/tOM No 9 Donan/MM No t Doom/COBI No I Donm/MM No 7 Donan MM No J Donan/tOCN PiWI NtPIUNf AGINCtf S394 words
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Advertisement759 1986-05-28 23 (REGULAR SERVICE) ODESSA OCEAN LINE LOAHNG FOR HDITBMWtAH TOUTS SX M V 8 M TOMAS VOY 10E/86 30/ M V. K V TRUSH VOY 11E/86 7/ M V G MONKADY VOY 12E/86 26/ 21/6 2/7 21/7 MV B. M TOMAS VOY 10E/K M.V K. V. TRUSH VOY 11E/M MV G.759 words
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Page 24 Advertisements
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Advertisement279 1986-05-28 24 jfH REGIONAL CONTAINER LINES TO SOUTH THAILAND etehmbei!® im iLIITU FTJTTI BH U~M MALACCA STRAITS FEEDER SERVICE (WCE WEEKLY TO PENANG/WEEKLY TO P.KELAHG/FORTHGHTLY 0 BELAWAN li:' :*M M EJEUOM I.'l "Jin 1 1. 7W |l;'l "Jl'la' I I '."<IECIC!!HC!IBM mnra Abo KCtptinc LCL (traralipnwnt and local) for PK/PNG BENGAL BAY279 words
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Page 24 Miscellaneous
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Miscellaneous170 1986-05-28 24 Regional Weather m ILaT 1 7 x""*r> «#kV*^4 'f Ik SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. P Temperature c A\ Thunderstorm Weather Wind direction with speed in knots Shower Rain Wave height Cloudy Sky Surface winds ore indicated by arrows which fly with the wind One170 words
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Page 25 Advertisements
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Advertisement226 1986-05-28 25 SERVICE TO MADRAS MV RONJAY STORE MADRAS 15/6/86 25/6/86 AGENTS: KYC LIC (S) PTE LID TIL: *****77 (I LMES) TEH: *****63 KTCI BOOKMG: *****97/*****93/*****40 fewtt MENG HORNG SHIPPING PTE LTD Wml* TEL: 33(2947 (5 Lin«s) Tlx: R8 ***** HWICO ACCEPTING LCL TO CHITTAGONG KOlUt SfIMCE TO Mm PORTS Vessel ETA226 words
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Advertisement268 1986-05-28 25 r RT. PERMTIS LINES METM 3MO/M 31/5 1/S 41-42/16 S/S 1/S 43-44/16 13/6 IS/C General Aoents: Asia Perintis Lines Pte Ltd Tel: 2258(33 REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. ETA ETD OBTMATON PAIS! VOT OSA/S6 1/S S/S CMTTMORG MAMA BETI VOY 22/S6 PI 31/5 CMTTAGONG AQENTB: SEACUPPER IWHIB A ENTERPRISES268 words
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Advertisement429 1986-05-28 25 GLORY NAVIGATION .it-: hi* sl.U' fti TlfTX*"* 6. SELATAH V V 44 31/5 1/1 6. SELATAN VI ¥39 5/6 7/8 t/C 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TfflN DECKERS REGULAR UNER SERVICE FROM TAIWAN TO SM6A* PORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASM TO TAIWAN;429 words
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Page 26 Advertisements
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Advertisement553 1986-05-28 26 10; EUROPE It MAN STORE KIUMKM S/ll to 5/6 toi EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT PtNANG FOR 15/ II km UK. «TM. «6 BHVN. AHP FM: EUROPE PENANG KANNKM SM NT ANN 12/13 I PENANG PKELANG SPORE BANGKOK FRON Sid M Pwt 5/8 to 31/3 to W£. BMW.553 words
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Advertisement332 1986-05-28 26 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO FULL CONTAINER SERVICE TO PORT KELAN6/ MIDDLE EAST BULK TIMBER SERVICE SABAH NX* K'TAN SPORE 10ACTNG FOR BMIO Sid Ldg 30/5 Hod/Jed/Aqaba BMH 10/6 Dam/Dub/KWT332 words
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Advertisement698 1986-05-28 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YAN6 SHIPPING CO. LTD FULIf CONTtKMSCD SERVICE 10 EUROPE (VIA 9X2) C R PARK m HONGKONG CONTNNDt SOW ORfNTAI aw MM Sp.. 11/* l«/« Iffenrt Itai Fttevt HW| Bran Anhmp 23/6 24/t X/i 21/4 »/t 1/7 JO/6 1/7 |/7 V 7698 words
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Advertisement905 1986-05-28 26 Everett Lines j COMPAMA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" i loatkng tm Calao Malar am Ho and otter Ptfvnan pom with transhpnwnt at Kate y On CPV TltrMfh EMk ot Lading to fcnal destination Pmuh(* f KaUnt Seifaporc MUMATEWRETT 30/31 May 4 thomasewrett 10/11 jm 0 HUOCVEKn 21/23905 words
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Advertisement229 1986-05-28 26 ZIM NON-CONFERENCE HXPENDCNT FUU CONTAMR SOMCf tcc*** FCLACI c argots to USA East 4 N«t Cent Cantttaaaiast C—<i tmt HMII FEHO m isa (ESQ. i K m MFA i *ssa jam m m «raa li t* m calm msa 23iN m hongr ZIM EILAT CONTAINER LINE S» (IK B W229 words
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BANKING & FINANCE '86
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Article, Illustration664 1986-05-28 27 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE RECESSION has given banks and financial institutions in Singapore an opportunity to take stock of their present situation. To them, it is a crucial time for consolidation, sober reflection and re-thinking of strategies. Also, they are664 words
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Article, Illustration1685 1986-05-28 28 The development of global financial markets is entering an interesting and exciting phase. The implementation of various measures recommended by the Economic Committee will take Singapore into the next stage of its development as an international financial centre. The following article is by George1,685 words
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Article, Illustration1682 1986-05-28 29 SINGAPORE'S financial services sector, which has emerged as a major driving force of the economy, has to brace itself for new challenges. Three major developments in the international financial marketplace will exert considerable influences on the domestic financial scene over the next couple1,682 words
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Article, Illustration1635 1986-05-28 30 DR ROBERT CHIA KAY GUAN - Time ripe for the formation of an Asean think tank By DR ROBERT CHIA KAY GUAN Lecturer in School of Manegement, National University of Singapore OVER the past few years, the international financial/monetary systems have been severely affected by tidal waves of transformation (in terms of1,635 words
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Article, Illustration1603 1986-05-28 31 The China Desk - By The China Desk Oversea-Chinese Banking Corporation IN A HISTORIC and strategic move, the central committee of the Communist Party of China embarked on its "Open-Door Policy" in December 1978. This decision to open China to the outside world was aimed at actively developingSource: Business News, Hongkong - 1,603 words
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Article, Illustration1554 1986-05-28 32 BILL FOXLEE - By BILL FOXLEE Chief Manager (Asean) of Commonwealth Bank of Australia IN RECENT YEARS the pace of change in the A us- I tralian financial system i has been extremely rapid. < This follows the period pri- I or to 1982 when only tenta-1,554 words
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574 1986-05-28 32 FT IN A BASEMENT two storeys below the bustling main floor of the Tokyo Stock Exchange is the hub of one of the world's more unusual, but most successful, futures markets. There are some of the features you would expect to find: flurriesFT - 574 words
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Article, Illustration1821 1986-05-28 33 JEREMY GWEE - By JEREMY GWEE Assistant Manager (Training), European Asian Bank SINGAPORE'S economy has always been subjected to the developments of the external economic environment. In the *****, the economy was buoyant because the external environment was favourable. The banking and finance industry, being a1,821 words
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Article, Illustration1321 1986-05-28 34 Mr BT LAM - This article was contributed by Mr BT LAM, General Manager, Systems/Methods EDP Division, United Overseas Bank Mr BT LAM THE USE OF computers together with telecommunication facilities has brought about a whole new range of services in the banking industry. Prior to this technological "breakthrough",1,321 words
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Article, Illustration727 1986-05-28 34 GRAEME CAREY - By GRAEME CAREY Reg iona I Director, Access Computing Consultants THE BANKING INDUSTRY today is one of the best examples of the positive benefits of computerisation. Twenty years ago, most banking systems, both in the retail and corporate sectors, were slow and ponderous727 words
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Article, Illustration1832 1986-05-28 35 TEO LAY KHIM - By TEO LAY KHIM Manager, Investment Banking Division, Standard Chartered Merchant Bank Asia THERE HAS BEEN a conscious effort by the government to encourage investment fund management in Singapore since 1983 by way of fiscal incentives. The Fund Management Incentive Scheme (FMIS), introduced from1,832 words
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Article, Illustration2441 1986-05-28 36 EDUARD HUG - Floating rate system helping to reshape international investments During the past decade, forex markets have grown in size and scope as global trade expanded. The floating exchange rate system has not always had a smooth ride but despite its shortcomings, talk of replacing it2,441 words
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Article, Illustration1499 1986-05-28 37 TAY SAI HUAY - By TAY SAI HUAY Head of Leasing Department, Singapore Finance THERE IS a close correlation between leasing and the economic and financial conditions of a country. This is because leasing is closely linked to trends in capital investment. Given the right1,499 words
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669 1986-05-28 37 PIERRE FUJIMOTO - By PIERRE FUJIMOTO Pierre Fujimoto is the regional director (Asia Pacific) for NYNEX International of New York. IN THE WORLD of financial services, information not time is money. As communications technologies continue to evolve, successful banks and other institutions will be the669 words
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Article, Illustration1218 1986-05-28 38 ANTHONY SPROW - By ANTHONY SPROW ANTHONY SPROW, Vice-President and Regional Petroleum Market Manager for South-east Asia; Chase Manhattan Bank OIL PRICES have fallen steadily since 1982. The price decrease has been even more dramatic since the beginning of the fourth quarter of 1985. In this1,218 words
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901 1986-05-28 39 BOEY KIT YIN - By BOEY KIT YIN SMALL and medium-sized Singapore companies received government financial assistance to the tune of about half a billion dollars in the past 10 years to improve their production capacity, growth and profit potential. The cheap loans, at an901 words
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Article, Illustration1035 1986-05-28 39 PAUL MA, THAM SAI CHOY - By PAUL MA, THAM SAI CHOY PETITIONS for bankruptcies and companies winding up orders have been growing in number over the last three years and appear to be still on the rise. This trend has attracted much publicity and significant media discussion1,035 words
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Article, Illustration1090 1986-05-28 40 LAWRENCE YEO - The new government bond market is expected to be launched towards the end of the year. But it will face an uphill struggle unless its liquidity is developed and the critical role of market makers to provide liquidity is understood and performed adequately.1,090 words
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Article, Illustration884 1986-05-28 40 THE WORLD'S first global gift voucher service was launched in late September 1965 by Thomas Cook Financial Services. The idea came after considerable research which the company, a member of the Midland Bank group, undertook in the area of international gift-giving.884 words
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Article, Illustration2150 1986-05-28 41 CHEW LOY KIAT - By CHEW LOY KIAT By CHEW LOY KIAT, Managing Director, ICS Reinsurance, Executive Chairman, Reinsurance Management Corporation of Asia THE ECONOMIC COMMITTEE, in its report touching on the Banking Financial Services sector, highlighted reinsurance and captive insurance operations as one of the areas which2,150 words
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Article, Illustration1408 1986-05-28 42 ALLEN PATHMARAJAH - By ALLEN PATHMARAJAH General Manager, Great Eastern Life Assurance Company LIFE INSURANCE industry performs an important social and economic role in Styftgapore. It provides financial protection and security for individuals, families and businesses tfirpugh the various products it offers. ;life insurance is also an effective1,408 words
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Article, Illustration1915 1986-05-28 44 JIMMY TAY - By JIMMY TAY Manager, Treasury Banking Services, Barclays Bank PLC, Singapore, and President of the Forex Association of Singapore CORPORATE TREASURERS can no longer afford to ignore the highly innovative new treasury products that the financial world has "invented". Whether one likes1,915 words
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Article, Illustration1255 1986-05-28 45 LEE YOKE MENG - By LEE YOKE MENG By LEE YOKE MENG, Assistant Manager (Corporate and International Relations), Export Credit Insurance Corporation WHEN THE Export Credit Insurance Corporation of Singapore Ltd first participated in the government's financing scheme for small- and medium-size companies, there was a fair1,255 words
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Article, Illustration1271 1986-05-28 46 By The Corporate Finance Department off the Development Bank off Singapore YOUNG AND GROWING local companies that do not yet qualify for full listing on the Stock Exchange of Singapore (SES) will have an alternative source for long-term financing when the Unlisted Securities1,271 words
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Article, Illustration1199 1986-05-28 47 STEPHEN LAW - A step-by-step account of how the stock index works and what it has to offer Simex will be introducing stock index futures contracts based on the Nikkei Index in September. Such contracts enable stock market investors to hedge against market volatility while offering profit opportunities for active1,199 words
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Article, Illustration1448 1986-05-28 48 A banker's and broker's view on the entry of banks into the stock market By STAFF OF DBS SECURITIES FEBRUARY 1966 was an historic month for the Stock Exchange oC Singapore as it permitted the entry of corporate-owned member companies for the first time. With1,448 words
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848 1986-05-28 48 CHUA HONG THUAN - By CHUA HONG THUAN NG THUAN, Investment Manager, Ong and Company THE EVOLUTION of the listed capital market in Singapore has quickened its pace in recent months. Corporatisation has been accelerated by the entry of the bank-backed brokerages, the result of unprecedented events in the stockbroking848 words
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Article, Illustration2051 1986-05-28 49 RICHARD YEH - By RICHARD YEH Vice-President and Manager, BA Futures Inc, Singapore EARLIER THIS YEAR, the Singapore International Monetary Exchange (Simex) announced its intentions to list options on its financial futures contracts in early 1967. What are options on financial futures? Why is there a growing worldwide2,051 words
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Article, Illustration1004 1986-05-28 49 LEE SOO JIN - By LEE SOO JIN Vice-President and General Manager, American Expreee International, Inc OVER THE PAST ten years, the use of charge and credit cards has grown tremendously in Singapore. At present, I estimate that the top five issuers alone (American Express, Carte Blanche,1,004 words
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Article, Illustration946 1986-05-28 50 SOB TIANG KENG - By SOB TIANG KENG THE Singapore International Monetary Exchange (Simex) is "ready to move forward" after establishing a sound base for futures trading in the Republic. Summing up its future strategy, Simex deputy chairman Francis Yeo Teng Yang said: "We are now on946 words
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Article, Illustration564 1986-05-28 50 DEPUTY SIMEX chairman Francis Yeo has expressed cautious optimism that the daily trading volume of the exchange can hit 20,000 contracts by end-1989. The present average trading turnover per day on the Simex floor is about 3,000 lots. Mr Yeo was564 words
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Page 27 Advertisements
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Advertisement234 1986-05-28 27 SINGAPORE'S financial services sector has to brace itself for new challenges, one of which is to be Asia's Switzerland Think tank for Asean 4 Ensuring the region's fiscal health is in no jeopardy W ■71 nil etc n W Come in, come in AN OPEN CHINA beckons to investors Automated234 words
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Advertisement206 1986-05-28 27 'zooon Hi a n s '/11lMi $moo *1 IJi >1, OiWu ""'III. h. "TO** Jr^oorj •nit "hi t r t ff soo •Mm I *$<s\y "MlOn «t ■—T /r. rrtfl ■jZf HtaJl! Ss G^/V ''u '/Of 77 r w&il < A l/l L^r y lOOo O H P:,n nsnT^ 4206 words
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Page 28 Advertisements
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Advertisement306 1986-05-28 28 m m: m mm--. i 4 I-;-:-.-.-, v PS X-y-: U.S. w* tv; OOLiIiAII wC*& miS'r.i LERS I:HI > AT ANEr v te cas^ 7* ftiCANi EXPRCS ll\l UMITE M > •■>>.* Bfc EW YORK N £R COUNT UN»FIVITB« d STAT t o' O 1986 marks the 95th anniversary of306 words
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Page 29 Advertisements
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Advertisement146 1986-05-28 29 Don't believe everything you hear about doing business in Australia. Second hand perceptions of life Commonwealth Bank of Australia. business with Australia, come and talk in Australia often fall nothing short of bizarre. (Kangaroos living in our business district is a classic example.) For an infinitely more realistic and informed146 words
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Page 30 Advertisements
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Advertisement400 1986-05-28 30 m m Keep a watch on the international money-market for effective and successful trading. Immediate access to a wide range of real-time information. Accurate and timely data for professional investors to function faster, more efficiently and profitably. Dynamic updating monitors trades as they occur. Up-to-the-second information on dispersed financial markets.400 words
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Page 31 Advertisements
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Advertisement291 1986-05-28 31 wmmmmmm 7^ mHBSiB v ✓"V Diners Club International X Z. st;>y V C* .r- sk£* 'ir> X •a' r 1* 1 > v V. *W -p-" 1 .w'J. -^MUR YOU CAN EVEN USE IT TO BUY MONEY UP TO USSIOOOABROAD Perhaps, one of the most MM gratifying reasons for carrying291 words
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Page 32 Advertisements
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Advertisement220 1986-05-28 32 Company finances being what they are, shouldn't you know your exact position anytime you choose? Of course you should. With the state of today's economy, it's even more vital to know exacdy how your business stands financially. Now you can with UniView, Singapore's first computer-banking service. It allows you to220 words
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Page 33 Advertisements
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Advertisement124 1986-05-28 33 SING INVESTMENTS FINANCE LTD \cTd/ wm Fixed Deposits Rates: i 1 month *4%% pa. 6 months 5Vi% pa. i 3 months 5 %p a. 9 months 5Vi% pa. v\\ 12 months 5 1 2 p.a. A\\ On Call **4 1 /2% p.a Savings sVi%p.a. (calculated daily) Rates are subject to124 words
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Advertisement27 1986-05-28 33 It§ time to get into the Black e l -rt> CO B V ov lO> x\o^ t £>to ©v> A JOHNNIE WALKER BLACK LABEL /> 12 YEARS OLD27 words
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Advertisement185 1986-05-28 34 Turn to lis when you need help for life's more important occasions 111 l la -MM Chase Personal Loan We all realise that it is not always possible to meet current financial obligations with what we have at hand. The arrival of a new baby. A wedding your family will185 words
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Advertisement159 1986-05-28 35 We designed the NCR 9800 to grow the way your business grows. Most businesses don't grow by leaps and bounds. They grow gradually. But if you need to add to your mainframe gradually, so it keeps up with your business, guess what? It's impossible. You have to spend more money159 words
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Advertisement119 1986-05-28 36 v We know that under current conditions even if your business is viable and you have the collateral such as property, quoted shares, plant and machinery and accounts receivables, you may have difficulty in getting a loan. If you are having this problem, call us. Our team of experienced loan119 words
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Advertisement192 1986-05-28 37 Hongkong Bank opens the door to business opportunities in China. I longkongßank's China Desk can help you make inroads into C hina. Our special ties and business connections v\ ith that country are more than a ccntur\ old. And, in more recent times, we've assisted in the development of more192 words
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Advertisement111 1986-05-28 38 Bein z. is not enough NOT IN INTERNATIONAL BANKING The Dutch have a worldwide reputation. For l>eing good, astute businessmen. We're proud of this. But we also know that it's just not enough. Not in the world of international banking which grows daily more complex and sophisticated. Today, AMRO has111 words
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Advertisement192 1986-05-28 38 JSr a JBibm IT are you getting your moneys worth today? Take a second look at your security system Because chances are you can well afford better protection and more peace of mind with APRO. APRO is a security protection company set up by Inchcape Berhad of Singapore together with192 words
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Advertisement158 1986-05-28 39 Private Investors just can't get wider portfolio coverage. Important investment opportunities can be lost without instantaneous access to the financial markets of the world. As a private investor, you'll want to get the widest possible coverage. And Bache Securities can take your portfolio the whole distance. We trade in stock,158 words
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Advertisement15 1986-05-28 39 iTfHI [Willis*?) is i it: 1 ■B Ok DHi DH </> IILL &a <Aif) <$?£ $gy <3*15 words
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Advertisement29 1986-05-28 40 IBS Fina take the of expo e called service t X)% payr >roved ci your bu> up. Inst bad det lies. vorks like buyer as ie us a c29 words
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Advertisement245 1986-05-28 41 J /I, .-<■• IF*3 > r t 'x v< 7 ;X v *> > mi r I I zw V '>- V A <a Sr74^ tf <\ A-» >v V r > Vv m f" 1* 1 \"[fy> >>*' w** .',> if > Mm# Dynasty globe showing earth's meridians. GLOBAL245 words
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Advertisement77 1986-05-28 42 We provide your financial needs in the Arab world and Asean HE X Frankfurt ft Seoul e Osaka Hongkong Bahrain SINGAPORE b A t/a Si Union de Banques Arabes et Franpaises An Arab and International Association in Banking and Finance Head Office: 190 Avenue Charles-de-Gaulle, ***** Neuilly Cedex, France. Tel:77 words
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Advertisement294 1986-05-28 42 apex systems NEC ♦GROUP* For Group Life Insurers QUOTATIONS 9 HEW BUSINESS POLICY MAI NTENANCE V. ADJUSTMENT ENQUIRY MANAQEMENT REPORT'S OPERATION® PERFORMANCE IREPORTINO REINSURANCE •Only package of its kind available relating to this high growth area of the insurance business. Processes comprehensively everything from Quotations to Claims For General Insurance294 words
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Advertisement1006 1986-05-28 43 %l#estpac Banking Corporation STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1985 West pa c Banking Corporation Group Consolidated Balance Sheet at 30 September 1985 (All figures quoted in Australian dollars) Liquid assets Total capital resources Balances due to other banks Bank and other acceptances Amounts due to subsidiary companies1,006 words
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Advertisement49 1986-05-28 44 Expertise and efficiency in trade finance for companies in Asia Member of the Deutsche Bank Group A broad office network throughout the Asia-Pacific region. BANGKOK BEIJING* BOMBAY COLOMBO HONGKONG JAKARTA KARACHI KUALA LUMPUR LAHORE MACAU MANILA MELBOURNE NAGOYA OSAKA PUSAN SEOUL SINGAPORE SYDNEY TAIPEI TOKYO* Offices of Deutsche Bank49 words
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Advertisement190 1986-05-28 44 Count on us to make your investment grow anywhere m ASEAN. We know the place It's our home. Nobody knows more about doing business in ASEAN than we do. As an organisation comprising major local banks and financial organisations in ASEAN, we are in a unique position to help you.190 words
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Advertisement186 1986-05-28 45 Around the world, the financial futures market is booming, as investors realize its unique advantages. For money managers, futures represent an efficient and economical way to hedge against currency and interest rate fluctuations. Speculators and entrepreneurs, meanwhile, enjoy the large returns they can earn on a small investment. Through a186 words
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Advertisement134 1986-05-28 45 ANZ GRINDLAYS OPERATE A NETWORK SPANNING 47 The Australia New Zealand Banking Group with its acquisition of the UK based Grindlays Bank, has established a formidable presence on the interr.itional banking scene with Group .ssets of over USD3O billion. An asset base that spans T /IclrUlHthe globe with over 1.660134 words
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Advertisement1276 1986-05-28 46 1985 Swiss Bank Corporation in facts and figures Swiss Bank Corporation in 1985 Total assets at the end of 1985 amounted to Sfr. 127.9 billion. Net profits of Sfr. 603.4 million were Sfr. 100.4 million or 20% higher than in the previous year. The Annual General Meeting held on 21,276 words
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Advertisement260 1986-05-28 47 IHE LANDERBANK MY BANK IN AUSTRIA t. r Travel, congresses, conferences, seminars there are many reasons for coming to Austria. There are also many good reasons for having the right banking connections in Austria the Landerbank. The Landerbank is one of the biggest banks in Austria and one of the260 words
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Advertisement551 1986-05-28 47 Information is vital tor research, analysis and planning. You cannot do without timely and accurate information in making the right decision that will ultimately chart the future course of your company At Integrated Information, we are in the information business. We assist our clients to access foreign on-line information sources551 words
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Advertisement234 1986-05-28 48 The sun never sets chi Kleinwort Benson The history of Kleinwort Benson is a history of international expansion. Of innovation. And of ever growing strength. Now we and our associates are poised to take maximum advantage of the Big Bang. Or, for that matter, of any other opportunity anywhere in234 words
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Advertisement270 1986-05-28 48 CCS a r A'm irTF rr Attractive Property Finance Scheme HOW CAN YOL GAIN WITH CCS LPON YOLR PURCHASE OF YOUR IDEAL HOME When you deal with OfAl (•rparalio* |$li|ifirr| r B LiaHri you are assured <>f expert ana experienced skills barked by highly motivated specialists who ran I always270 words
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Advertisement189 1986-05-28 49 A WHOLE WORLD? OF OPPORTUNITIES At Banque Indosuez, we've been serving Singapore as far back as 1905. Our office is part of a vast Asian and Australasian network spread over 18 countries including among others, New Zealand, Aus- tralia, Papua New Guinea, Japan, Korea, China, Hong Kong, Macau, India, Sri189 words
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Advertisement151 1986-05-28 50 U-u ,*rt "V- 7, i SfiiN x s* 5 r v.C vCf r 'ii v--ISi ;v S =..v 3 rnii. I ■k xfe ■>» i .as 9 «tj 5 i I v Jt Jt lifV* J S?!2 m ■i&i v rss&.i v.iJ. i v iiE tSl£* :V ■£5 y Only151 words
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