The Business Times, 2 June 1986
1986-06-02
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The Business Times
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Title Section12 1986-06-02 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, JUNE 2, 158« 75 CENTS12 words
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291 1986-06-02 1 MARTIN SOONG - By MARTIN SOONG THREE MAJOR aircraft engine manufacturers are competing for a US$52O million order from Singapore Airlines (SIA). The contenders, American rivals Pratt A Whitney (PAW) and General Electric (GE), and British aero-engine maker Rolls-Royce (RR), had submitted bids to supply up291 words
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440 1986-06-02 1 FOO CHOY PENG - By FOO CHOY PENG, Chief Reporter WHILE the outlook for furniture exports is bright, retailers at home are fighting a heated battle for the consumer's dollar as the market declines. Domestic sales, the Singapore Furniture Manufacturers and Traders Association forecasts, will drop440 words
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Article458 1986-06-02 1 MARGARET THOMAS - By MARGARET THOMAS BREAKING UP is not so hard to do these days, maybe because more people are prepared to try and try again to find that perfect partner in life. In one decade, the number of non-Muslim divorces and annulments has quadrupled, from458 words
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Article, Illustration522 1986-06-02 1 Wage restraint should not be ignored at first blush of upturn WORKERS and unions should not Jump at the first signs of economic recovery to demand pay increases and abandon wage restraint, Prime Minister Lee Kuan Yew said last night. "If at this522 words
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Article144 1986-06-02 1 PRIME MINISTER Lee Kuan Yew said he had advised his younger ministers against using a cheaper local dollar to overcome Singapore's economic troubles. "They (the younger ministers) make the decision, I gave them advice. I said face the problem. They decided bet- ter face the144 words
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541 1986-06-02 1 CHAN OI CHEE - By CHAN OI CHEE DBS BANK has launched a new unit trust to invest solely in the booming Japanese stock market. The Japan Growth Fund (JGF), with a starting sum of $20 million, is the second local-ly-managed trust which invests541 words
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Page 1 Advertisements
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Advertisement258 1986-06-02 1 Need a car or truck loan? Wwfoong 737-7977 If W&ySxng Mortgage And Finance (S) Ltd A wholly-owned subsidiary of HongkongH.mk 6 Claymore Hill #113-410. Claymore Plaza. Singapore WZ2 The inhibiting effects of Securities Industry Bill The soon-to-be gazetted Securities Industry Bill has already had some inhibiting effects on corporate financial258 words
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Advertisement304 1986-06-02 1 Thomas Yeo (below) was one of the very first ortists to be contacted by Shell for their Discovery Scheme. Mr Yea, who is chairing the odvisory committee, thinks the Discovery exhibition would serve as a springboard from which the artist con develop his talent. The telecast of the Hotel New304 words
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Advertisement138 1986-06-02 1 RtPueoc o* Singapore August 26-29,1986 World Trade Centre, Singapore Organised by The ExhObon People ^//=$=<?:]*\@"^,{>~@`''|%~=>(:^ Trans-Pacific JAL's terrific Regular connecting flights from Singapore via Tokyo with a flight schedule that's second to none. Over 60 flights a week to 7 major U.S. cities and Vancouver. Direct to Expo in Vancouver138 words
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FRONTIERS
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Article, Illustration584 1986-06-02 2 jvy I I I 1 a 1\ J A RECENT BURST of research in America and England is helping to unlock the mysteries of the chamber nautilus, one of the world's most beautiful and ancient creatures. Long a subject of poetry and art, thePhoto taken by a Hasselblad camera - 584 words
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Article, Illustration502 1986-06-02 2 Agencies MARTIANS may not be coming to Earth, but a former director of the US satellite programme is advocating that men go to Mars, or at least to its moons. Fred Singer, now at George Mason University in Virginia, says colonising the two moonsAgencies - 502 words
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Article90 1986-06-02 2 A BARKING dog alarm system designed to frighten burglars and intruders has been patented by Salvatore Giordano, a retired insurance agent who lives in The Bronx, New York. According to patent 4,571,583, a dog will bark loudly when someone rings the doorbell or knocks on the90 words
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Article68 1986-06-02 2 A METHOD of making three-dimensional sculptured paintings is the subject of a patent granted to Floyd Hawkins, an artist in Stanardsville, Virgina. Patent 4,578,131 explains that the process involves spreading a sand-and-white glue mixture over the canvas, scoring certain areas and building them up. The three-dimensional optical effect68 words
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MANAGEMENT
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616 1986-06-02 2 TSANG SAU YIN, ANNA TEO - The chase is on for the three magic letters MBA with the latest entrant, Golden Gate University of San Francisco, offering yet another opportunity for post-graduate management studies. Management Correspondent TSANG SAU YIN and ANNA TEO report. TSANG SAU YIN, ANNA TEO THE616 words
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875 1986-06-02 2 "GOLDEN GATE UNIVERSITY, in association with the Singapore Professional Centre, offers its Masters of Business Administration Programme in Management to residents of Singapore starting August 1966." This was the first paragraph in advertisements placed in the press which had the organisers hurrying to875 words
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942 1986-06-02 3 Learn to face the press without stammering Reuter EARLY IN JANUARY, when William Graham spent a whole day learning to deal with the news media, such dangers as loaded questions and ambush interviews seemed rather abstract to the US space agency's acting director. But three weeks later, the space shuttleReuter - 942 words
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Article, Illustration918 1986-06-02 3 MONICA GWEE - Small business By MONICA GWEE DENIS D'COTTA believes that most Singapore men are a stuffy lot. "Singapore is still very far behind in terms of young executives portraying the kind of image they should portray a modern image, especially those in modern918 words
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Page 2 Advertisements
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Advertisement157 1986-06-02 2 .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 M$108(S$90)? Isn't that something to sleep on? Q Shangri-La hotel KIALA LUMPUR157 words
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Advertisement0 1986-06-02 2 >*(}/_,_?%|{|(]%\:!-|%"&!~^)"))0 words
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Page 3 Advertisements
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Advertisement391 1986-06-02 3 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Welcoie to H ACCOUNT I m r of? m a t x o m i s\ f m E M r AMD T n> S\ M I F- F? M£\ \< R r x or*r*iax x om391 words
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ASIA-PACIFIC
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635 1986-06-02 4 NYT "PRESIDENT Reagan has brought his proposal to limit lia- bility damage awards to an audience that supports it the American Tort Reform Association, an organisation of business and professional groups seeking such limits. K Mr Reagan and two members of hisNYT - 635 words
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510 1986-06-02 4 AFP CHINA'S bid for a slice of the World's satellite launch business has received an unexpected boost from problems with Europe's Ariane rockets and the US space programme. The destruction on Friday of Ariane's 18th launch is expected to push back Ariane's scheduleAFP - 510 words
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Article, Illustration186 1986-06-02 4 Reuter SOUTH KOREAN POLICE said yesterday that they had arrested 16 people after firing tear gas to disperse thousands of an-ti-government demonstrators in Chonju on Saturday night. Radical students, workers and other youths chanting "Down with military dictatorship" and "Out with US imperialism" attacked riotReuter - 186 words
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Article83 1986-06-02 4 AP THE FISCAL 1986 US government budget deficit may exceed last year's record US$2l2 billion despite spending cuts made under a new budget-balancing law. Reagan administration officials said on Friday that there was "about a 50-50 chance" that the 1906 deficit will top the former record.AP - 83 words
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426 1986-06-02 4 UPI CONGRESS SHOULD consider strengthening foreign investment laws because paper corporations that conceal buyers are easy to set up. Texas Tech University economist Donald Bumpass said on Friday that national security should be a real concern to Congress in limiting foreign investments. "AUPI - 426 words
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291 1986-06-02 4 AFP, Reuter INDIAN Prime Minister Rajiv Gandhi's government has reaffirmed that the Joint capital of Punjab and Haryana states, Chandigarh, will be transferred solely to Punjab on June 21 as planned. The reaffirmation in line with Sikh demands followedAFP,; Reuter - 291 words
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334 1986-06-02 4 AP IRANIAN LEADER Ayatollah Ruhollah Khomeini has ordered an all-out effort for a quick victory to end the 69-month-old war with Iraq. An Iranian military commander said in Tehran on Saturday that in compliance with Mr Khomeini's orders, all Iranian resources would beAP - 334 words
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309 1986-06-02 4 Reuter A SENIOR government official said the Philippines had recovered at least five billion pesos (US$25O million) worth of property in the country owned by deposed president Ferdinand Marcos. Jovito Salonga, the chairman of a commission tracking down Mr Marcos's wealth, told reporters onReuter - 309 words
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156 1986-06-02 4 AP SEVENTY PER CENT of Japanese feel heavily burdened by high and unfair taxes, a poll has shown. The Asahi Shimbun, a leading nationwide daily, surveyed roughly 2,400 Japanese on their country's current tax system in early May. It found the numberAP - 156 words
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228 1986-06-02 4 AP US BUSINESS must break loose from some constraints of antitrust laws in order to compete better against foreign companies, said Commerce Secretary Malcolm Baldridge. Mr Baldridge told the National Association of Manufacturers on Friday that the nearly centu-ry-old anti-trust laws were aimed atAP - 228 words
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Article801 1986-06-02 4 ARRIVALS Operator Sorvica number Local time From SIA SQII7 0005 KUL UA UA805 0010 JFK/SFO/HKG SiA SQ4I 0620 MAA MAS MH601 0720 KUL MAS MH68I 0620 KUL SIA SQ43 0820 DHA/KHI SIA SQ45 0650 MRU MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950 KUL801 words
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Page 4 Advertisements
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Advertisement291 1986-06-02 4 La Knight Frank hcojiy Hock h\v A: Ftiillnii Join the International Bank of Singapore and Overseas Union Insurance at: Overseas Union House Collyer Quay Ground Floor Office/Showroom Areas from 437 sq m to 1,612 sq m Waterfront view R 730 covered parking lots n Extremely attractive rental package Easy access291 words
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Advertisement41 1986-06-02 4 I 71 I /I IJ Every Tuesday, Thursday. Saturday I II I I and Sunday. Leaving Changi Airport J—V at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA 041 words
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REST OF THE WORLD
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445 1986-06-02 5 AP A US congressional committee is advocating microbanking for Third Work) nations on the theory that a family's want can be ended by a loan of US$35 to set up a mother as a peddler in Bangladesh or US$249 for a fatherAP - 445 words
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124 1986-06-02 5 Reuter BLACK South African Bishop Desmond Tutu said the church would justify violence as a last resort to overthrow the Pretoria government. The Anglican church leader and Nobel Peace Laureate told an anti-apartheid rally of about 10,000 people in Toronto on SaturdayReuter - 124 words
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258 1986-06-02 5 AP NIGERIA'S military government has seized about US$235 million in cash and property allegedly plundered during the administration of former president Shehu Shagari, a Judge has said. Justice Sampson Uwaifo, chairman of a panel that investigated alleged corruption in Mr Shagari's civilian government,AP - 258 words
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223 1986-06-02 5 UPI VOLUNTEERS from across the Soviet Union are streaming to the Ukraine to build a tunnel under the crippled nuclear Chernobyl reactor in preparation for its entombment in concrete, Soviet television has said. The Saturday evening news programme Vremya said the workers'UPI - 223 words
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378 1986-06-02 5 NYT BRITAIN'S police want the multi-million dollar pickings of organised crime to be turned over to them to help finance the mounting cost of crime busting. John Dellow, London's assistant police commissioner, says: "It seems to me, certainly in relation to drugs, toNYT - 378 words
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277 1986-06-02 5 UPI FOREIGN Minister Guillermo Bedregal has denied that the sudden closing of Bolivia's consulate in Hongkong this week was connected to a revelation that it was involved in selling passports for profit. Mr Bedregal said after the endUPI - 277 words
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378 1986-06-02 5 AFP THE European Community has approved in principle a plan for import restrictions on certain US farm and food products in response to trade measures imposed by Washington against the EC. EC sources said in Brussels on Friday that the plan was approvedAFP - 378 words
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251 1986-06-02 5 UPI A TOP EC official has said that a new round of General Agreement on Tariffs and Trade (Gatt) is needed to curb growing protectionist tendencies in world trade. Willy Declercq, the European Commissioner responsible for trade policy and externalUPI - 251 words
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Page 5 Advertisements
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Advertisement129 1986-06-02 5 ■I'M ITT II A BREATH OF FRESH AIR OYR/AC/1&86 Canadian liiuss In honour ol the vital role thai art plavs m a vt»uni; and dynamic society. An (ianaJa is pr<»uJ to present the (.anadian Brass. ()ur contribution towards the Singapore Festival ol Arts l^sh Comprising five uncommonly line musicians, this129 words
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Page 5 Miscellaneous
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Miscellaneous55 1986-06-02 5 Doonesbury iamATOLiU). PUDE, THIS BUSINESS OF OWNING A *3 MIUON PAINTIN6 ANP BEING PEAP BROKE IS UfiRPEP! B* V! •2 m n ti -s 't m m fa BY GARRY TRUDEAU UKE WHAT* THING THAT WONT JUST SIT IN VOUR ROOM. SOMETHING THATUILI BENEFIT MANKIND! m m m ItJLV V55 words
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Page 6 Advertisements
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Advertisement206 1986-06-02 6 NOL BRINGS AMERICA CLOSERTOHOME 111$ ■Hj W •< a >• ST* .V f *38 :vi'. >- mil <AT ar m I*os, > t > x v w .X" r** &«W ■■X aKP .7*~. £L r «p»/ x& «Bmh mm,m :< <®£L JNP w» F v *>- > r9 r t*206 words
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SPORTS
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Article, Illustration535 1986-06-02 7 AFP EIGHT MONTHS after an earthquake killed over 9,000 people in Mexico City, the World Cup, which many believed should never have been staged in Mexico, was launched by a 21-gun military salute at the 117,000 capacity Aztec Stadium on Saturday. The shadow of theAFP - 535 words
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571 1986-06-02 7 WALTON MORAIS - By WALTON MORAIS A BUSINESS-LIKE M Balraj fired the lowest score of the day a three-over-par 75 to lead Sembawang to an enviable position entering next Sunday's final round of the Premier League golf championship. The two-handicapper yesterday sank two birdies in571 words
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Article, Illustration190 1986-06-02 7 AP GERRY COONEY knocked down Eddie Gregg with two smashing left hooks to the head and stopped him at 1:26 of the first round on Saturday in his first fight since Dec 8, 1984. The victory puts the 29-year-old Cooney back into theAP - 190 words
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Article735 1986-06-02 7 AP SWEDISH HOPES, so high when the French open tennis championships began, have come to rest on two youngsters, one of whom is ranked 17th in his home country. Meanwhile, defending champion Chris Evert Lloyd led four seeded players into the quarterfinals of theAP - 735 words
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195 1986-06-02 7 AP ITALIAN STRIKER Alessandro Altobelli created a little piece of soccer history in scoring the first goal in his team's 1-1 draw with Bulgaria in the opening match of the World Cup tournament in Aztec Stadium on Saturday. Altobelli scored Italy's final goal inAP - 195 words
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Article389 1986-06-02 7 Reuter ITALIAN MANAGER Enzo Bearzot has said his side is now "on a suffering road" after the defending champion was held to a 1-1 draw by Bulgaria in the opening match of the World Cup soccer finals early Sunday morning. "If we had won weReuter - 389 words
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217 1986-06-02 7 AP CHI CHI RODRIGUEZ of Puerto Rico, sinking the birdie putts that eluded him in the first round, fired a 5-under-par 67 last Saturday (or a one-stroke lead after two rounds of the Denver Post Champions of Golf Senior Tournament. Rodriguez, a senior tour rookieAP - 217 words
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218 1986-06-02 7 Reuter BRITAIN'S Derek Bell, West Germany's Hans Stuck and America's A 1 Holbert were yesterday leading the Le Mans 24-hour race into its closing stages in their Factory Porsche 962 c the only surviving works car in this sad and dramatic 54th edition ofReuter - 218 words
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Page 7 Advertisements
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Advertisement50 1986-06-02 7 L a H WORLDW/DE COUR/ER Changing the way the world works. RADO DiaStar Scratchproof sapphire crystal Scratchproof case-top. Waterproof. Ref 111.0197.3015 *****5 L Al Ref 129 0195.3.015 Rado Service Centre: NEW HORIZONS SINGAPORE PTE LTD. (Member of Inchcape Group), 35 Selegie Road #81-06 Parklane Shopping Mall, Singapore 0718. Tel: *****11/2.50 words
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FEATURES
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Article, Illustration1498 1986-06-02 8 LORETTA McLAUGHLAN - Bankers and brokers are unanimously sympathetic to the need to regulate the securities industry. But there is some disquiet that the soon-to-be gazetted Securities Industry Bill won't be right first time round, LORETTA McLAUGHLAN reports. LORETTA McLAUGHLAN AMONG THE MANY peculiarities1,498 words
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Page 8 Advertisements
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Advertisement82 1986-06-02 8 50... YOU THINK YOU KNOW ALL ABOUT THEN ANSWER THESE QUESTIONS: Are our neighbours facing the same woes as hoteliers here? How does an Indian restauranteur curry favour in the supermarket? Are investment trusts the best buys right now? How did a three-time dropout bring Ebel to the top three82 words
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Advertisement67 1986-06-02 8 MADRAS on AIR-INDIA'S EXECUTIVE CLASS The Sanwa Bank Limited (SINGAPORE BRANCH) US. $40,000,00 NEGOTIABLE FLOATING RATE US. DOLLAR CERTIFICATES OF DEPOSIT DUE NOVEMBER 30 1988 In accordance with the provisions of the Certificates, notice is hereby given that for the interest Period from May 30 1986 to November 28 198667 words
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Page 8 Miscellaneous
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Miscellaneous579 1986-06-02 8 Bri StOW: ?ian}tLlticter£ i u>ish didn't Tftkre rue tJCiTreN vajord so SeßtousLy. WPvViNe Rep»D TCDP^S EDITORIAL COLUmisI \N r ne.'dril-v tv*ing>s' rnn IN P\ QOPvNDPVRV m i'm -torn e>GJu>e£jsi CHUCCH P\HD ,srpTe. >@"-@\[/):<)[%,{@)^-"<[|._,!:<= CRYPTIC PUZZLE ACROSS 1 Possibly pecks very little (5) 6 News of Gordon? (5) 9 Some hick579 words
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Miscellaneous101 1986-06-02 8 Friday's Easy solution ACROSS: 9, Charisma. 10, Lea. 11, Hand is. 12, Impede. 13, Modicum. 14, Odds. 15. Assistance. 17, Leapfrog. 18, Bravado. 19, Grin. 21, Zenith. 24, Worth two in the bush. 27, Reveal. 29, Tank. 30, Courage. 33, Strength. 35, A bird in the. 36, Omit. 37, Ailment.101 words
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THE ARTS
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Article, Illustration1186 1986-06-02 9 TSANG SAU YIN - Young artists show strong potential By TSANG SAU YIN A PRETTY HOUSEWIFE rushed into the office of the Shell company with her painting tucked under her arm and demanded to see the person in charge of the Shell Discovery Art Exhibition Scheme. No one else would do1,186 words
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Article, Illustration502 1986-06-02 9 MARTIN SOONG - By MARTIN SOONG TIRED HUMOUR followed Ronnie Corbett on stage during a sell-out, two-night stand recently at the Hyatt Regency. It was hard to understand the people doubled over, clutching their stomachs, eyes watering and mouths wide open, but speechless. Maybe because it's hard502 words
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Article, Illustration363 1986-06-02 9 IT IS NOT smiling Irish eyes when one thinks of Ireland but of guns, the infamous IRA and the civil strife in a divided island. Northern Ireland has hit the headlines of the world so continuously that it's hard to believe that there is a363 words
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453 1986-06-02 9 MARIE DAVID - Inquiry inter New World collapse SBC's telecast interesting ■y MARIE DAVID LAST THURSDAY, I heard** the first time that the inqu&jt into the Hotel New World lapse might make it oa the bat.' Although I guessed that late publicity would SBC some audience, I mads a special effort to watch453 words
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Article, Illustration423 1986-06-02 9 BYRON JOYNER - By BYRON JOYNER WHILE OTHER film-makers have run out of natural disasters with which to plague the silver screen, the makers of Warning Sign have discovered a new terror—the under-rated germ. Deep in the hills of a tiny town in Utah, government423 words
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Page 9 Miscellaneous
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Miscellaneous1159 1986-06-02 9 w sm mm m m ill >/ <v« ChM Inspector Adam DalgHoah (Roy Marodon, left) trying to aolw tho Toynton Grange mysteries THE BLACK TOWER BJO pm, Channel 12 Victor Holroyd's death has been classified by the police as accidental but Father Baddeley fears there is more to it. But1,159 words
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INTERNATIONAL STOCKS
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311 1986-06-02 10 FT JAPAN's Ave major steelmakers saw their profits plunge in the year ended last March as a result of reduced demand tor steel worldwide and the adverse effects of the higher yen on their export earnings. Nippon Steel, the world's largest steelmaker, ledFT - 311 words
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Article289 1986-06-02 10 JwM 01 Afnomoto Yen 1790 290 40 -80 Mtftutahi Mitsub Elac Mitsub Estate Mitmb Haovy 770 352 2010 369 -9 unch -20 -3 Aowdo Aaohi Cham AaahiGkm Bank of Tokyo Canon Caw 929 853 1240 795 735 1090 1690 1 +3 -10 -5 -2 10 30 Mitiui Mit*im Ship289 words
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324 1986-06-02 10 Reuter WALL STREET STOCKS last Friday closed off a big week with a small loss, as investors cashed in profits following a powerful rally which took the market to new highs. While stocks clung to most of their gains, a further rise in interestReuter - 324 words
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Article132 1986-06-02 10 MAY 30 Abrtix c$ 25 Hwtoon Bay Mm bnp CM krtco tat Prov Pip* B 41% 18% 43% 45% unch lu kid 21% 15% Kmrr Add 15% 33** Labtow 13* Mouty F«rg 4% Mc Bkxltl 34 M Conodo 1 W 39U -M Motaon A 27% Bp Rnourcn 30% 24%132 words
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Article202 1986-06-02 10 MAY 90 MOUSTVIALS Trust Bk Un Stoat Wooftnj 142 62 1400 2 unch A Afcaho Abarcom Aaa 1000 220 1000 unch inch inch 5 -50 Ml Angfoa NNGS 4435 10 Amaprap AAVC 4150 Angvoal S^voor ***** 1800 unch 50 0ulu.it 1770 Buff ah 7250 C G Snrflh 2850 unch202 words
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Article610 1986-06-02 10 MAY 30 Aicon AJurrwi Alcoa AJUg hd A»ad Stg AM Storm AatOwtnm Am Brandt he Am Can Co Am Cyonomid Am Bac Pwr Am Eiipnii Am Itam Prod Am Moton Cp Am Til Tal Amax he AnMfodo Mou Amoco Corp Amr Corp A/mco Inc Aiarco he All RichMd610 words
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Article610 1986-06-02 10 Amsterdam MAY SO F* AW 584 50 -13 Aaoon 111.90 -0.5 fthnlrt ...84 10 +1.2 Afcio 173.50 +0.3 «ta*i 153 00 -0 3 AMEV 83.30 -09 Anvo Rank ***** -0.5 Am Stad 127 JO +0.5 Berk el 3600 +4.5 Boraumij katiman T ffroC 755.00 +16 a... 185.00 +2610 words
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Article187 1986-06-02 10 Reuter NISSAN MOTOR 00 LTD's parent company net profit would (all by 53.7 per cent from a year earlier to 30 billion yen, the second consecutive year-on-year drop, if the yen/US dollar rate remained at the 170 yen level, vice-president Taiji Hosokawa said last Friday.Reuter - 187 words
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Page 10 Advertisements
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Advertisement550 1986-06-02 10 <z to wise, dirte aad entertain /f=f It could only happen at Hotel Miramar... 4 ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00' (except premium brands) served daily from 4pm to 7.30pm.550 words
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Advertisement158 1986-06-02 10 Zurich and Stockholm pricoo wtrt London stocks, Pago 14 *> 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 $90 for six persons.158 words
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RAW MATERIALS
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Article30 1986-06-02 11 KL TIN Dote Closing prices M$/kg Turnover (tonnes) May 26 14.16 46 May 27 14.29 80 May 28 14 44 116 May 29 14.58 141 May 30 14 49 9730 words
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Article142 1986-06-02 11 Chineee Produce Exchange Sellers' noon closing prices on Moy 31 (SS/100 kg). Coconut oil Bulk FOB 48 00 CHd drum FOB 6100 New drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1165 00 Sarawak White FOB foq NLW 1150.00 Sarawak special Mock FOB142 words
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Article290 1986-06-02 11 THE SINGAPORE and Malaysian market ruled uncertain during the last fortnight, with turnover affected by the closure of the markets for the Vesak celebration on Friday, followed by London and New York on Monday, says Holiday, Cutler 4 Bath. During the initial stages the current month was taken to290 words
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Article190 1986-06-02 11 Reuter SOYBEAN FUTURES on Friday (ell from six US cents to four cents a bushel as a quiet session turned hectic at the close on the Chicago Board of Trade. Commercial selling drove prices lower early in the session and triggered commission house sell stops. The strong US dollarReuter - 190 words
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Article710 1986-06-02 11 AFP QUIET CONDITIONS prevailed on the majority of commodity markets over the past week in the aftermath of the long British bank holiday weekend, although sterling's late decline against the dollar encouraged better participation. G«ld: Quiet. Prices fluctuated narrowly in the absence of fresh factors,AFP - 710 words
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Article237 1986-06-02 11 Reuter WHEAT FUTURES on Friday ranged from 1-1/2 US cents a bushel higher to two cents lower at the close of a quiet session on the Chicago Board of Trade. Prices were supported by commercial buying and trade talk among exporters that Egypt purchased 300,000 tonnes of soft redReuter - 237 words
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Article501 1986-06-02 11 Reuter COFFEE UNCERTAINTY fuelled by extreme volatility in New York on Friday afternoon weighed on robusta coffee futures, which ended the day with pared gains from Thursday night of £30 to £21 a tonne in fairly light business. At the close, second position July was £30 a tonneReuter - 501 words
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142 1986-06-02 11 Bernama SABAH's timber industry which felt the pinch of thee recession in general awi. faced keen competition, from Indonesia, is ilrrnlj showing signs af recovery^ Sabah Forestry Department director Datuk KMT Mastan said latest official statistics showed there-, were signsBernama - 142 words
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Page 11 Advertisements
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Advertisement130 1986-06-02 11 M II to Wins, ill! ani hor delightful, dinners with popular focal flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at S$ 14.00++ per person. The Luna Coffee House. We've got a130 words
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Advertisement137 1986-06-02 11 im v> <.^ Tr .JK JJmk. IF WTA Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. ll>i 1r i: 11: Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00 10% 3% (adult) $12.00 10% 3% (children) For reservation call *****22 Ample137 words
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Advertisement200 1986-06-02 11 II Para Wave Free Style '•I Dance Championship'B6 k Heats: sa=s» June 3 and 10 Semi-Finals: r June 24 July 1 Preview: July 15 V Grand Final: July 18 j We're blasting off tonight and every night at Para Wave Discotheque Take off to the stars... groove to the pulsating200 words
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Advertisement127 1986-06-02 11 MAGICALLY HYATT ]+I=J 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable daily at Scott's The Lounge Chinoiserie (Members and hotel guests only) 5.00 PM -7.30 PM 6.30127 words
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Advertisement206 1986-06-02 11 $128++ (For 8 persons) Hi PEKING DUCK Set Menu Salted prawns I Fried mushrooms In egg whits H Sliced Peking duck e Minced meat chicken wrapped with green vegetables H Shredded duck with fish maw soup Crsb's shell in garlic sauce with crab's meat K________ Steamed fish "V Pineapple rice206 words
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BANKING AND FINANCE
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Article, Illustration458 1986-06-02 12 FLORENCE CHONG - By FLORENCE CHONG THE OVERSEA-Chinese Banking Corporation (OCBC) is expected to offer the Australian public a 30 per cent stake in its newly-opened Bank of Singapore (Australia) next month. It will be the first foreign bank to offer equity to the Australian .public.458 words
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Article97 1986-06-02 12 UOB AUSTRALIA, a whollyowned subsidiary of United Overseas Bank, opens for business today. Mr Lim Lian Tee has been appointed the director and general manager of the new merchant bank in Martin Place, Sydney. "It will provide a comprehensive range of banking services with emphasis97 words
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Article, Illustration223 1986-06-02 12 Asian market Mates In mrip ft Vn prtat Mtec 12 rapr ASIAN currency overage deposit rates for the week ended May 30 MO PtICES High Low US 7 days 1 month 7 6 15/16 7 6 15/16 2 months 7 6 15/16 3 months 7 6 15/16 6 months 7223 words
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261 1986-06-02 12 AFP INDIAN, Indonesian and Malaysian currencies will weaken further in the coming year, while the Taiwan dollar could appreciate, London currency analysts Maxwell Stamp Associates have predicted. In a report published on Friday covering several Far Eastern currencies, the analysts said the Indian rupeeAFP - 261 words
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147 1986-06-02 12 Reuter BOLIVIA has announced an agreement with the International Monetary Fund, IMF. (or a US$57 million standby loan which it hopes will unlock a further US$3OO million in new credits from international organisations. Foreign Minister Guillermo Bedregal told a news conference theReuter - 147 words
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79 1986-06-02 12 Reuter THE BANK OF CHINA will start issuing local currency credit cards today far foreign residents in Beijing. The Peking Daily yesterday said the card could be used in a wide range of hotels, shops and restaurants used by foreigners and would be linkedReuter - 79 words
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300 1986-06-02 12 Union Bank of Switzerland SILENCE from the monetary authorities and reduced trading in several countries due to various holidays caused currency trading to be extremely quiet in the beginning of last week. Interest rate cuts in the European high-interest countries (UK, Italy and Belgium)Union Bank of Switzerland - 300 words
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Article344 1986-06-02 12 National Discount Co Ltd THE LOCAL money market condition remained steady last week with narrow fluctuations. Interbank overnight rate hovered aroond 5 per cent for most part of the week and closed 5-1/8 5 per cent as liquidity in the money market remained unchanged. In lineNational Discount Co Ltd - 344 words
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480 1986-06-02 12 Number Indicative Gross Coupon Amount Interest of days of Middle Price Redemption Maturity Yeor robed Rate Million) Poyment Accrued (excluding Yield P«) Dates Interest accrued pa) interest) 15 10 86 Loon 2 1966 5*. 53.34 15/4, 15/10 46 100 00480 words
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Article29 1986-06-02 12 UBS US dollar Anticipating a reversal in the economic trend? Swiss frsnc: Firm stance P-Marfc: Correction of fundamental strength. Sterling Ysn: Interest rate downturn currency upturn ÜBSUBS - 29 words
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Article30 1986-06-02 12 The ronge of cad rates for the week ended Friday, May 30: Bonk fund 45—49 General fund 4.9 $m Movements of funds 1840 Source: Short Deposits (M) Bhd30 words
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Article197 1986-06-02 12 Green Collier SIMEX/CME June yen fell last week by a hefty 164 tick while the D-mark retreated less dramatically by 72 ticks. These contracts settled at U510.*****7 and U550.4309 respectively. Economic news dominated market attention. Aggressive currency selling, albeit in thin trading conditions,Green & Collier - 197 words
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Article458 1986-06-02 12 PL! of bonks ot Hm do** of business on Thursday, May 22 as supplied by tbo Association of in Singapore. BANK rut Algemene Bonk 7 V» American Express Bank 8 Am'Dam R'terdom Bank 7V« Arab Bankng Corp 8 Arab Bank Ltd 8 Asio Commercial 7 ANZ Bank458 words
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Page 12 Advertisements
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Advertisement477 1986-06-02 12 KIAN JOO CAH FACTORY BERHAD (Incorporated in Malaysia) AUDITED ANNUAL RESULTS FOR THE YEAR ENDED 31ST DECEMBER. 1985 The Board of Directors of Kian Joo Can Factory Berhad are pleased to announce the audited results of the Group and the Company for the year ended 31st December, 1985 GROUP COMPANY477 words
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Advertisement169 1986-06-02 12 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, ABC Marineland Services Pte Ltd of 19, Delta Road, Singapore 0316 hereby give notice that In consequence of our client's intended proposal to change of ship's name of MV "Medltteranean Sky". We have applied to the registrar of Singapore ships, under169 words
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Advertisement303 1986-06-02 12 NOTICES PROPOSAL TO CHANGE A 11 Notice Is hereby given that In consequence of the Intended change of name of a ship by our clients, Messrs Reederel "Nord" Klaus E Jldendorff of Vorsetzen SO, 2000 Hamburg 11, Federal Republic of West Germany, we have applied to the registrar of Singapore303 words
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Advertisement307 1986-06-02 12 COMPANIES ACT, CAP. IK AMD a*:.,! v,)u' r PTE LIMITED (IN VOLUNTARY LIQUIDATION) Notice is hereby given that the creditors or the abovenamed Company, which is being voluntarily ,wound up, are required, on or before the sth day of July 1966 being the date for that purpose fixed by the307 words
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MARKET REVIEWS
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Article, Illustration5689 1986-06-02 13 NAJEEB JARHOM - Singapore By NAJEEB JARHOM VERY FEW PEOPLE would have imagined that barely four weeks after the stock market hit a 44month low on April 28 that share prices could have recovered so strongly as to suggest the possible beginnings of a new bull market.5,689 words
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310 1986-06-02 13 «Australia Reuter AUSTRALIAN SHARE markets ended last week sharply firmer, buoyed by record gains on Wall Street and bullishness created by the continuing battle (or control of BHP. Brokers said quality industrial and mining stocks made strong gains. By the end of the week,Reuter - 310 words
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Article637 1986-06-02 13 JULIANA TAY - Week ended May 30 compiled by JULIANA TAY SCRIP ISSUE Alcorn: Rights issue of two-for-three at $1.00 par. CORPORATE DEVELOPMENTS Ambassador Hotel has coded off its proposed acquisition of 70 per cent of Cocoo Processors Sdn Bhd for M$ 11.2 million and is taking legal637 words
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804 1986-06-02 14 Investors cautious despite new records I New York FT THE RECORDS are tumbling on Wall Street again. The Dow Jones Industrial Average and all the major broader indices have reached new highs over the past few days. But with volume remaining modest and theFT - 804 words
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190 1986-06-02 14 AP SHARE PRICES edged lower on the London stock market last week as new rights issues squeezed the cashflow resources of big institutional investors such as pension funds and insurance companies. The Financial Times share price index of 30 leading industrial firms closedAP - 190 words
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616 1986-06-02 14 I K.Lumpur BUYERS made their presence felt on the Kuala Lumpur stock market last week, causing share prices to move up impressively across the board in active trading. The stronger showing by blue chip industrial stocks in particular spilled over616 words
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750 1986-06-02 14 TONY MEASOR - Hongkong By TONY MEASOR THE OLD ENGLISH ADAGE went "ne'er cast a clout till May is out", and this was generally propagated by old wives as a caution against young children catching colds because of the perfidy of the weather. The stock750 words
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Article150 1986-06-02 14 CSZ THE MOOD on the Zurich exchange improved last week and the Credit Suisse Index closed at 531.3 on Friday, 5.9 points higher from the week before. This was due primarily to the further recovery of the dollar and predominantly favourable corporate results of domestic companies. ThereCSZ - 150 words
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259 1986-06-02 14 BCI AFTER having boomed and carried off a lot of successes In a row for such a long time, the Milan share market plummeted 18.1 per cent, ending last week with the BCI All-Share at 731.91. The week's volume averaged 416 billion lire aBCI - 259 words
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Article740 1986-06-02 14 INDUSTRIALS May 30 Pence Alwd-Lyons 336xd +5 Am Dann BTR PLC 315 3 Babcocks 172 unch Bar clays 502 -2 Beechom 385 3 BtCC 305xd -5 Blue Orel* 676 -4 BOC Group 313 -3 Boots 254 -6 Bowoter 305 3 BATS 375 •3 Britannia 132 -5 BP 575740 words
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Article1033 1986-06-02 14 Current Ei Books Date Total for Total tor povmen' date dose payable ttoe yeor last yeor A Enterprises Acmo 12%(n) Jun 16 Jun 26 Jul II 22% I8 9%(a) 4%TE(b) Am 19 Jun 26 Jul 30 4%TE 5% Asiatic Dev 2'/i% Apr 4 Apr 16 Jul 1 5%1,033 words
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258 1986-06-02 14 1 Tokyo AFP ENCOURAGED by the sharp rise of the US dollar, share prices kept rising on the Tokyo stock market last week, with the key market barometer Nikkei Stock Average hitting new all-time highs seven sessions in a row. The 225-blue chipAFP - 258 words
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Page 14 Advertisements
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Advertisement314 1986-06-02 14 PILECON PILECON ENGINEERING BERHAD (Incorporated in Malaysia) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Ninth Annual General Meeting of the shareholders of the Company will be held at the Ground Floor, Theatrette, Bartgunan MIDF, 195 A, Jalan Tun Razak,' Kuala Lumpur on Tuesday. 24th June 1986314 words
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COMPANY NEWS
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Article, Illustration526 1986-06-02 15 HOMER CHEN - Lyall Evatt files suits against Tan By HOMER CHEN BROKERAGE HOUSE Lyall A Evatt, now under receivership, has filed two suits against beleaguered Malaysian businessman Tan Koon Swan. The more recent of the two suits was filed on May 16 by Drew A Napier on behalf of LAE. In this526 words
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337 1986-06-02 15 MBT THE GROUP TURNOVER of North Borneo Timbers Bbd (NBT) could decline by some 90 per cent to about M 57.5 million for the year to December 1966. Vice-chairman A D H MacNaghten said after the company's annual general meeting on Friday thatMBT - 337 words
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252 1986-06-02 15 MBT BANDAR RAY A Developments Bhd (BRD) plans to launch three property projects before the end of this year, chairman Wong Aun Phui has said in his latest annual statement. The first, which is pending official approval, is Phase One/Stage Four of theMBT - 252 words
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Article151 1986-06-02 15 DUTA CnMlldttMl has told the SES that the company is disputing the claim of $157,603.13 by the receivers of Lyall k Evatt. In referring to a BT story on May 30, Duta said it wished to state categorically that Datuk Yap Yong Seong has nothing to do with151 words
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LATEST RESULTS
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Article166 1986-06-02 15 Company's unaudited pre-tax profits rose slightly to M 52.7 million in the six months ended Feb 28, 1966, from M 52.63 million in the previous corresponding half. There were no tax provisions nor any extraordinary items, thus bottom-line profits were the same as the pre-tax figure.166 words
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Article162 1986-06-02 15 Group pre-tax operating loss of M 53.79 million in the half-year to April 30, 1986, compared with a group profit before-tax of M 5169,000 in the previous half. At the attributable level, group losses stood at M 52.09 million against the previous bottom-line profit of M 5398,000.162 words
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Page 15 Advertisements
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Advertisement1332 1986-06-02 15 W MALAYAN UNITED BANK BERHAD (Incorporated in Malaysia) A member of Th® Mil Grmo A member of The MIH Group Balance Sheet AS AT 31 ST DECEMBER 1966 SHARE CAPITAL SHARE PREMIUM RESERVES RETAINED PRORTS TOTAL SHAREHOLDERS FUNOS PROVISION FOR STAFF RETIREMENT GRATUITIES DEFERRED TAXATION TERM LOAN CURRENT LIABILITIES Current,1,332 words
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397 1986-06-02 16 BOEY KIT YIN - Two financial schemes managed by SEB By BOEY KIT YIN THE GOVERNMENT has introduced two schemes to ensure that small local companies will not be left behind in the government's ambitious scheme to exploit information technology to develop the Republic as an397 words
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352 1986-06-02 16 COMPETENT computer professionals are needed if Singapore is to exploit information technology (IT) successfully, said Telecoms general manager and chief executive officer Goh Seng Kim on Saturday. Addressing about 260 engineers at the first Institution of Engineers (lES) lecture in Westin Plaza, Mr Goh said: "If352 words
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Article, Illustration228 1986-06-02 16 LONG-TERM PROSPECTS for tourism are "very bright", says Lim Chin Beng, the chairman of the Singapore Tourist Promotion Board. In an interview with Singapore Travel News, the board's publication, Mr Lim called on the tourist industry to rally together to give the228 words
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Article177 1986-06-02 16 Reuter TENS OF THOUSANDS of supporters of exiled Philippine leader Ferdinand Marcos assembled in Manila yesterday demanding his return home and describing his successor President Corazon Aquino as a dictator. Police estimated that up to 50,000 people chanting "Marcos pa rin" (Marcos again) converged on aReuter - 177 words
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186 1986-06-02 16 Reuter SAUDI ARABIA, the world's largest oil exporter, devalued its currency by 2.7 per cent yesterday in a move bankers linked to the collapse in oil prices this year. Bankers said the value of the riyal was reduced to 3.75 to the US dollarReuter - 186 words
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Article118 1986-06-02 16 Bernama IT APPEARS that' Singapore has lost its magic as the traditional Malaysian shoppers' paradise, if the scenario at the Causeway in Johore Baru is any indication. In the past, when the festive season neared, there was usually a heavy flow of traffic from Johore Baru toBernama - 118 words
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230 1986-06-02 16 IN CONTINUATION of its policy to cut down on car pollution, the Ministry of the Environment announced yesterday that the lead content in petrol would be reduced from 0.4 gramme per litre to 0.15 gramme per litre from June 1, 1967. The230 words
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185 1986-06-02 16 A SYSTEM to provide two levels of training for motorcycle riders is being studied by the traffic police. Dr Lee Boon Yang, the Minister of State (Trade k Industry A Home Affairs), told motorcycle traders that the traffic police was looking into having185 words
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326 1986-06-02 16 AFP TOP EXECUTIVES of several more major Malaysian companies have agreed to salary cuts of up to 10 per cent to show their support for a government call for austerity, company spokesmen said yesterday. Noor Hafizah Ahmad, spokesman for the giant nationalAFP - 326 words
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Article346 1986-06-02 16 UPI ECONOMISTS and shipping officials say New York harbour, once an industrial giant, is losing its grip as America's top seaport but is taking new shape as a housing and office site. The New York Times said yesterday that the decline in north-eastern exports hasUPI - 346 words
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LATE FILE
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Article29 1986-06-02 16 AFP BANGLADESH yesterday warned that it would consider it an "unfriendly act" if India was found to be supporting tribal insurgents in the country. AFPAFP - 29 words
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38 1986-06-02 16 AFP PRESIDENT Corazon Aquino will keep her law-making powers if Filipinos reject a new Constitution about to be drafted, said the Philippine News Agency yesterday. It was quoting Justice Minister Neptali Gonzales. AFPAFP - 38 words
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33 1986-06-02 16 UPI SEVERAL Africans involved in a confrontation last week with Chinese students at Tianjin University said in Beijing yesterday that they were afraid to return to school. UPIUPI - 33 words
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Article65 1986-06-02 16 UPI THE two Koreas have agreed to a summit meeting between North Korean President Kim n Sung and South Korean President Chun Doo Hwan. Kyodo news service yesterday quoted diplomatic and North Korean sources as saying the summit would include an agreement by the southUPI - 65 words
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37 1986-06-02 16 Renter SPAIN'S ruling socialist party PSOE will retain its absolute majority in the June 22 election, according to a nationwide poll published by the El Pals newspaper in Madrid yesterday. ReuterRenter - 37 words
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Article42 1986-06-02 16 Bernama THE Gerakan is still keeping its options open on whether to remain or leave the Bartsan Nasional. Its president, Datuk Dr Lim Keng Yaik, said yesterday: "We hope we get a fair deal in Barisan Nasional." BeraamaBernama - 42 words
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44 1986-06-02 16 AP CHINA and East Germany have signed agreements on consular and scientific cooperation on the occasion of the first visit by a Chinese foreign minister to the Sovi-et-bloc nation in 32 years, said East German state-run media yesterday. APAP - 44 words
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Article35 1986-06-02 16 AFP LIBYA and the Soviet Union are to develop regular political consultations and maintain permanent contact over the situation in the Mediterranean, said the Libyan agency Jana, monitored in Paris yesterday. AFPAFP - 35 words
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Page 16 Advertisements
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Advertisement271 1986-06-02 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Two Minebea subsidiaries seek refund of duties from EC 2. Seavi project to pump $30m into Singapore 3. Singapore exports to US up 7pc last year 4.271 words
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Advertisement150 1986-06-02 16 Asparagus headlines the menu at Le Gourmet for June and here're some worthwhile ideas on how to really enjoy it. Start with a Creme of Asparagus Soup followed by Asparagus with smoked ham served with nut brown melted butter. You could have it cooked with Parmesan Cheese, served with Orangeflavoured150 words
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Page 16 Miscellaneous
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Miscellaneous54 1986-06-02 16 Outlook for today: Showers over o few areas in the late morning. Report for 24 hours prior to 7.30pm on June 1 at the oirport: Maximum temperature 31.9 Associated humidity 61 Minimum temperature 25.3 Associated humidity 97 Hours of sunshine 6.80 Rainfall in millimetres trace Rainfoll this month nil Rainy54 words
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SHIPPING TIMES
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257 1986-06-02 17 Reuter DEMAND for tonnage on the dry bulk freight market for this year is unlikely to exceed last year's level when global seaborne trade in major commodities totalled around 850 million tonnes. In a summary of the latest monthly reportReuter - 257 words
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357 1986-06-02 17 G DURAIRAJ - By G DURAIRAJ SINGAPORE'S national flag carrier, Neptune Orient Lines, is expected to appoint Nepline Sdn Bhd as agent for all its services in Malaysia. The Malaysian-owned shipping agency currently looks after the Singapore line's trans-Pacific service. It357 words
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390 1986-06-02 17 FT THE FATE of Wah Kwong Shipping, Hongkong's third largest shipping group, is hanging in the balance following the refusal by Citicorp, the US banking group, to approve the renewal of an interest payment moratorium intended to give financial advisers breathing spaceFT - 390 words
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177 1986-06-02 17 Seatrade Week JAPAN'S major trading houses, the sogoshosha, lost more than 110 billion yen (US$594 million) on shipping and shipbuilding in the March 1986 term, according to unofficial figures. Of that, Nissho Iwai, with some 55 billion yen, was the major casualty, followed bySeatrade Week - 177 words
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PORTSIDES
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Article82 1986-06-02 17 Reuter THE INDIA/PAKISTAN/BANGLADESH Shipping Conference is reducing, effective from yesterday, the bunker surcharge for trade between India/Pakistan/Bangladesh and Europe for eastbound trade to nil from 1.5 per cent previously and to 9 per cent for westbound trade from 10.5 per cent previously. For trade between EuropeReuter - 82 words
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Article1302 1986-06-02 18 CHARTERING on the London shipping freights market proceeded along very slow lines on Thursday with no new developments in either rate performance or business volume. A number of large bulkers found employment in coal and iron ore markets but grain, sugar and fertiliser sectors proved very quiet. Shinwa1,302 words
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Article, Illustration797 1986-06-02 18 JUNE LIM - Shipping association has achieved significant gains By JUNE LIM "ABSOLUTELY," responded Mr Frank Masi to a question on whether the Singapore National Shipping Association had a successful first year. While the response from the other council members who spoke to Shipping Times797 words
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Article332 1986-06-02 18 jsaL.ES of vessels for scrapping dominated the second-hand sale and purchase market last week. Trading in dry cargo ships was thin and sale prices continued to soften as interests remained low. However, brokers said that sales of tankers for continued trading showed some improvement, with the 30,000-dwt Viking332 words
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Article876 1986-06-02 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Aqua Lines IX 2 Arrow Lines X 4 A Has Line X 3 ANL 1 1/2 APC Line V 4 APL III 2/3876 words
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207 1986-06-02 18 Reuter US NAVY experts have defused two unexploded American-made missiles aboard a Greek-owned tanker hit in an Iranian air attack in the Gulf earlier last month. Shipping sources said two TV-guided Maverick missiles on the Liberianflag Aristotle S Onassis were neutralised at the request ofReuter - 207 words
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Article121 1986-06-02 19 UPI THE OWNERS of all 3,000 passenger ferries in Bangladesh ordered a strike to protest against a ban on uncertified double-decker vessels in the wake of a sinking in which at least 200 people drowned. The strike on Saturday stranded thousands of Muslims now onUPI - 121 words
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241 1986-06-02 19 Kingsley Wood AUSTRALIAN grain imports continue to achieve record shipments which places the Wheat Board in a good position to achieve its export target of 16 million tonnes by the end of the November shipping year. At South Australia's Port Lincoln, 21,250Kingsley Wood - 241 words
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362 1986-06-02 19 Reuter BRITAIN'S shipping companies have warned the government that if nothing is done to stem the decline in the size of the country's merchant fleet, it would be reduced to almost total insignificance within 10 years. "There can, I fear, be no question thatReuter - 362 words
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Article318 1986-06-02 19 Reuter DENMARK'S shipyards are facing severe difficulties, says Erik Behn, the new chairman of the Danish Shipowners Association. "Danish shipyards are in a bad way. That is no secret. It is one-and-a-half years since one of our shipowners last ordered a ship at a DanishReuter - 318 words
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Article, Illustration214 1986-06-02 19 THE 3,000-TEU Neptune Jade arrives in Singapore this morning to mark the first anniversary of Neptune Orient Lines's eastbound round-the-world service. A celebration will be held on board attended by Port of Singapore Authority chairman Lim Kim San and the Minister of Communications214 words
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Article189 1986-06-02 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the memt)£r linos ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (BTRAITB/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.189 words
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91 1986-06-02 19 A REDUCTION in Saudi imports has made a big dent on the earnings of the National Shipping Company of Saudi Arabia. Last year, the company incurred a loss of 54.4 million riyals (US$l4.9 million) against 5.1 million riyals in 1964. Revenues from91 words
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Article4378 1986-06-02 20 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 at a4,378 words
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Article771 1986-06-02 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Planeta 19S ***** 1800 Borneo F1 0900-1000 U1 L Srimam 39E 026 86 2100 NAPL F7 1200-1300 B6 Kansai Pion 922 ***** 2300 Sea Consort771 words
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Article331 1986-06-02 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Cable Venture K36 Boustead alongside 02 6/1100 Frotasantos K9 Merlion alongside 02.6/1800 Mount Sabana K18 Pat Eldes alongside 02.6/0600 Sibolongit K19 Pelni alongside 02.6/0700 S«t Way K33 Boustead alongside 02 6/1500 V'hva Bandhan K10 R Jumabhoy alongside 02.6/0900331 words
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Page 17 Advertisements
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Advertisement787 1986-06-02 17 Available at all good bookshops P publications THE HEART OF THE DRAGON OOCL Orient Ovbqeas Conform Line MRDME SVfWG AGENCSS (Ret Na 242*4/ 00K) 70 Shenlon War *04-03 Marina House Sinfapore 0207 Tel *****11 TELEX NO RS ***** CfS OFFICE IPC #03-029 Tel *****31 and *****32 terminal otlice TPC #034)30787 words
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Advertisement75 1986-06-02 17 [KMDB ONE YEAR offer its formation, the Singapore National Shipping Association can olready look bock to a reasonably successful record. Pag« II THE BRITISH government has been warned that if nothing is done to stem the decline of the country's merchant fleet, it would be reduced to near total insignificance75 words
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Advertisement344 1986-06-02 17 IN SINGAPORE: 771-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING MALAYSIA. 755-8955 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS l/« 0400 MB XI 4/6 04M MB as i?oo his Penang Vnwl +Carta KIO Ttmlirtu at ttt to McMm* HOI to u»344 words
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Page 18 Advertisements
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Advertisement218 1986-06-02 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Feader at Kao Pacific North Wast Faadar at Kao Atlantic/Canada Faadar at Kotoa i ith rrvFTrs irrrrsm w I I' M B7M HTM ITTaM FTTM I' M! ißnEnonixsEnQm PrnPTTTTB ißTura I 1: kmihilml IHMEMII I MlMl'Jii'Jil IFIFZMP7MIII IWI' l IBI"ill"iBl LCL218 words
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Advertisement189 1986-06-02 18 Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA bM 13 6 t/< 12/S 1114/1 17/1 77/ C K-Mi 2/7 11/7 IH3/7 U/7 24/7 22/7 3/1 5/1 U/l 17/1 3 n -V» Hasten (MB). S Francnce Oakland. Stoctton and San D«t® Ctart«l«i m Ui* Aruba. Curacao. Bridgetown. Phdipsburg.189 words
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Page 19 Advertisements
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Advertisement745 1986-06-02 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok OC!L Overseas Containers Limited [COHT AINERSHIP SERVICE TO UK CONTINENT OSAKA BAT moo antss KOMLOOM BAY Sport PAriac M/ 6 M/ 6 11/6 12/6 11/ l 21/6 H/t n/t M/ 7 M/ 7 11/7 13/7 M/745 words
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Advertisement424 1986-06-02 19 oim roßis or cmi eanuiuMS. urn mtono. cmboii. iilcnimno Agents SEGANI Sin(apore *****66 K. Lumpur *****25/6/1, *****19, 733*345 Bookint *****7S P. Kciang *****1S To USA/Canada Weekly Full Container Service nT^TTifr^TriTicail FEEDOt P. VANBUREN ¥155 MSA *306 P MADISON *121 KANSAI PIONEH *923 P. MCKMLfY VIM MSA *307 P. FIIMORE *219424 words
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Advertisement202 1986-06-02 19 Franco Belgian Services I,r 1,-1 tr> tub 0.-rn.'.- ilh K, It: i.in I• r t •-1 ,-rn I in.* (MEMBER OF ACE CONSORTIUM) E CHARGEURS HAVRAISE MEDEX LINE ALU* (MEB CLUB MEMBER) CHMLO VMKUE HMATA MMU 7 Mir U I It N* IS I May 311 I tm Mi Caw202 words
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Page 20 Advertisements
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Advertisement527 1986-06-02 20 /!C Hapag-Lloyd TO CONTINENT/UK EXPORTS City of CdMurfti 21/6 29/ s 21/6 29/6 5/7 6/7 14/7 16/7 21/7 22/7 29/7 31/7 S/t 7/1 14/1 15/1 21/1 22/1 27/1 21/1 4/5 5/9 13/7 14/7 21/7 22/7 21/» 29/9 Inland haulage to inland destinations in Europe S'pat PKtianfPciunf LeiiMsHbM MUNSL LEADER 15/6527 words
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Advertisement683 1986-06-02 20 /jff Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** t I AS 11 RN CAR I INI R. I I I). SPECIALIST IN RO-RO HEAVY LIFTS SERVICES TO KOBE, YOKOHAMA NAGOYA Vturi S'pare P Keiwi Kuchnt Muaia KK SKI KOCH V 44 Sated683 words
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Advertisement843 1986-06-02 20 r 3 m mZA EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) EVER GREET 3/t 12/S 22/t 24/S 2t/t 27/t 20/t C/ 7 7/7 GRACE 12/t 2/7 4/7 7/7 1/7 J/7 17/ C l«/ 7 LWNG 15/t t/7 1/7 10/7 11/7 12/7 20/7 22/7 EVE* OFTtD843 words
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Page 21 Advertisements
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Advertisement641 1986-06-02 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA FORTUNE SEA GLORY GOWA SEA FORTUNE SEA GLORY SIN SBY SMG SIN BLW Sailed Sailed Sailed 3/6 4/6 Sailed 4/6 7/6 10/6 11/6 4/6 6/6 7/6 11/6 14/6641 words
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Advertisement675 1986-06-02 21 BEN LINE CONTAINERS EXPRESS CONTMNER SERVICE TO UK/CONTMENT CWKM ADAM 27/4 28/4 3/7 4/7 17/7 13/7 nn tin m 7 a/7 5/1 4/8 13/1 U/l 28/8 21/1 24/1 27/1 EXPRESS CONTAINER SERVICE FROM UK/CONTfCNT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS IKJJEBSEN LINE K. NEW ZEALAND675 words
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Advertisement518 1986-06-02 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA e P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'part Genoa Bfcao Le HawtLdt Aian/RdamHlNrf GANDA BHAKTI' *15 MB 0-10/6 5/7 12/7 15/7 17/7 lt/7 22/7 Spore Bftjo A4am/Rdam Hanbtrt/Brancn MA TAR AM'518 words
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Advertisement385 1986-06-02 21 BOUSTEAD SHIPPING AGENCIES mm BURMA FIVE STAR fWt SHIPPING CORPORATE (Burmese National Line) Loadfcg for Rangoon Spore PJCeta* BaafUk HTOtcnu mm pagan row MAM mcim *ftsch»|«n My V* BANK LINE EXPRESS SEM CONTAOER SERWCE NORTWOUM) TO UKC SPORE ROAM CLYDEBANK VI7N 13/6 9/7 IVYBAM VI6N 2/7 2t/7 FORTHBANK VI6N 15/7385 words
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Page 22 Advertisements
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Advertisement1103 1986-06-02 22 K USA CANADA ATLANTIC COAST (Round The World Service) KAWASAKI KISEN KAISHA, LTD. PACIFIC COAST PACIFIC SOUTH WEST PACIFIC NORTH WEST FEEDER VSI SP PK PN SP MOTHER VSI T/S PORT LA/LB OAK MOTHER VSI ASM STAR m 29 MAY 30 MAY 31 MAY 2 JUN B. BftDGE VS (TK)2O1,103 words
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Advertisement790 1986-06-02 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain*™ f '/l€ PKelang I lirwc Vessel CAIABAR V 26 ?0 kin ESIECUPPFR V 5 1 tu4 ISTICIIPPtR V 6 3 Aug iner Vessel S pore Melb Firm Sydn Also Accepts RAMDAS V 23 1? kin 27 tun 7 lul i M Add Brrs790 words
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Advertisement685 1986-06-02 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. TtM Aytt Street SW6APOK 0104 Til ***** M (10 IMS) STRAITS/PERSIAN GULF SERVICE: Spo GOIDCN HA KIN Colombo Karachi Bombay Dubai 5/4 km GOIDCN OTT Colombo Karach. Muscat Dubai 20/22 km CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S REPUBLIC Of CHINA685 words
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Advertisement615 1986-06-02 22 INTRASEA (PTE) LTD 10 Anson Road »27-16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK PtSTIS *****12 ALPHA FAITH *****09 S pare P. Ketant Li 4/6 6/6 R B 20/6 S ROT/ANT/UK(AVON)/ BELFAST SETE/ROT/ANT/IH/ (AVON) S«x«"' NTIASEA (TIE) LTD BOOKK *****11 K Lunpu RMTAHG SHTfWE615 words
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Page 23 Advertisements
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Advertisement777 1986-06-02 23 NOL NEPTUNE ORIENT LINES LTD Agents Spore NEPTUNE AGENCES PTE LTD I«4 No office lermnal CfS BOOKRCS *****77 FE EU/AUST TPA/SEA *****77 *****22 *****53 OH ttKCT IMS *****53 27*57*2 I Bahru HARPER MRA SON BHD >*"» P Keiang HARPER MRA SDN BW Mmi P laya HARPER MRA SON BHD *****2777 words
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Advertisement413 1986-06-02 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON KIS Sport No i Dorum &05* I f No I Dorian 604N 20/( No 7 Oorum 605N m 6 No 9 Dorum/605N 6/7 No 6 Dorum 606N 15/7 No I Dorum SOSN 23/7 No 7 Dorutn413 words
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Advertisement446 1986-06-02 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK*! WAH SOON SON BHD IST AND ?NO FLOOR. NO 1 lALAN CEMPENING PORT446 words
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Advertisement43 1986-06-02 23 Vf/ /.s/i//v tH L//ve I J'PAN NONCKONC STRAIft Hongkonf Sinfiparc P.Ktanf Nninj KOBE MMtU VlOl-A Sated 5/6 EASTERN GLORY ilk 6/6 11/8 SHBUSAWA MEISHM N.T.Y. TPTN CO. PTE. LTD., 37 StmcTMf Rud BS-01 I 0? Teow Xhtt BuMnf S part W23 I£L 7M7174/543 words
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Page 24 Advertisements
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Advertisement378 1986-06-02 24 IB REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) nn SU DRAGON PtYA BHUM m TUAMA BHUM Hziiami r?rj«nwin ES3E3D3 iraTiirann QQMOI [^QQZSI TO SOUTH THAILAND rn M 111 FIMKM! im en MALACCA STRAITS FEEDER SERVICE TWffcE WEEKLY TO PEMANG/WEEKLY TO P.KELANG/FORTIIGHTLY TO BELAWAN PPPM iCTMHPMBIBMPriFri i in L"ii'M rn378 words
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Advertisement76 1986-06-02 24 P.T. TYTYAN SAMODRA SHIPPING COY BAIAM/DUMAI Reliable Weekly Services Vessel RICROL 3 Sailing Every Wednesday POH AIK Every Monday Envi Services Pte Ltd Tel: *****55 Tlx RS ***** ENVISV Fax *****28 LEONG SHEN SHIPPING (S) PTE. LTD. ETA ETD DESTHATWN HONG SOON In Pt 6/6 HV. MEIAKA IAYA 2/6 3/676 words
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Advertisement117 1986-06-02 24 PNG PACIFIC LINE S'pore P. Kelang LOADING FOR TBM 10 Jun 12 Jun* POM Lae, Oro, Kimbc, Rabaul Subject Inducement. Also caHs other PNG ports. SINDIA NAVIGATION S.A. SHMEI K 12 Jun COLOMBO (MRECT) ANDEKA SHIPPING PTE LTD Tel 224M45. ??b3?50 Tele* RS 5579? UNSHIP <<E> OCEAN BRIDGE SHIPPING PTY117 words
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Page 24 Miscellaneous
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Miscellaneous163 1986-06-02 24 Era 4 Regional Weather I c :is i yf 05 \Sr> °l 35 r A LLlfi c cr* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNINQ. LEGEND: R. Thunderstorm Temperature °C Shower Weather s~S Wind direction with speed in knots163 words
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Page 25 Advertisements
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Advertisement268 1986-06-02 25 ETD Spore ETA BBY 10/6 17/S 20/6 21/6 3/7 11/7 UNIPACIFIC TRANS A TRADING AGENCY PTE LTD S part I* *****44 (7 Inks) P.Klang T«4: 3*0911 AQUA LINES LIMITED DHAKA (Bangladesh Flag) Agent: WEST OCEAN SHIPPING SDN BHD. p Kelang Tel 03-3bdo9U J6Borb6 REGULAR SERVICE TO INDIA ETA SAILING ROTATION268 words
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Advertisement252 1986-06-02 25 P.T. PERINTIS LINES SINGAPORE/INDONESIA N«Uy Ful Container Scrrice VESSEL VOY SINGAPORE JAKARTA PRASETIA 41-42/86 6/6 8/6 43-44/86 13/6 15/6 45-46/86 20/6 22/6 General Agents: Asia Perintis Lines Pte Ltd Tel: *****33 r 4 REGULAR CONVENTIONAL/CONTAINER SERVICES TO CHITTAGONG CAU«K TRUST UMOM I 12/K SJM SJM CAICUTU AMBASSADOR I M/K h252 words
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Advertisement180 1986-06-02 25 EL Id;HW!ii,'n:F.W=l'.M:kJui4%i'V SINGAPORE *****11(12 Lines) TELEX RS ***** FRTMAN PENANG 04-*****7/*****4 TELEX: MA ***** FRTMAN PORT KELANG 03-*****07/8 TELEX: MA ***** FLEKUL UNITED KINGDO RepreMMtalivt: JOO HWA SHPPING (PTE) LTD., BLX 465 CKANFOM) LAME. #0214 CMNFORD COfTRE SHGATOM 0719 TEL *****36. 2*3167 TOO RS ***** JOOHW Wtttt MENG HORMG SHIPPING180 words
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Advertisement353 1986-06-02 25 s REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* spore p.KELM« nmm ruamm mum G SELATAN Mi *-33 SaM 15/5 illl.lillSW'" II G SELATAN VI V-39 9/6 4 6 VESSELS OF LOG CARRERS 4 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR353 words
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Page 26 Advertisements
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Advertisement440 1986-06-02 26 at cwmnrmn EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TO. EUROPE 16. I STOH f KELANC KNMK f« 11/12 tm 7/1 k* 14/15 16/1S tai WjJTM. t®G. rUIMK SWR MNGHOK FWM su SM 7/1 lM 31/3 Mi *G BMW MP. HULL HTMI 12/13 M> M/M >*/W X" 19/23 to. HB6440 words
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Advertisement456 1986-06-02 26 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HEAPCO m PKItNG 4 km I km 11 iMt IS/lt I 11 tmm 22 km ri> ill nuwc dot no srm mist s<m V ***** t456 words
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Advertisement669 1986-06-02 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUY CONIMMBCD SERVICE 10 EUROPE 912) C I 'MB Ml 4/t HONGKONG MNNMR SOW 11/6 OMENTAL CHEF ¥49W 11/ C S'pvt I lfhar>« Uan fstm H"W| Bran M*«* 4/C 23/ C 24/4 H/t 1/7 M/( 1/7 1/7669 words
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Advertisement944 1986-06-02 26 Everett Lines COMPAMA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" iMdmt tor Cjbo kUU«n> lo jnd jl other Pffurun ports «nth ti*nst«p»«nt it Rote On CPV Ih(o«f* MK ot L Jdmf lo IN* testuvaton Pcninf' P. K4m| THOMASEWRETT HUGHEVEKTT MANOIOEYERETT "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR HONGKONG*.944 words
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Advertisement301 1986-06-02 26 ZIM NON-CONFERENCE KOCNOT FULL CONTMNEK SERVICE acc** FCLAOI carpcs I* USA East I Nest Cost. Cjnfttoudjst Cjm4j mi NMTI ip=l'-'irm Mi Jt lII7K 113 7lt NJSIDIB U.7JI 171 JM 24 7» 21 7 M 217* 21 7 M 111 7* I ixm sm I 7UI 21* (ill* 1141* lilH Tr\i301 words
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