The Business Times, 12 June 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, JUNE It, ltM 75 CENTS
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  • 565 1  -  Standard Poors index also being considered by Simex By SOH TIANG KENG, Financial Correspondent TRADING IN local stock index futures will be introduced on the Singapore International Monetary Exchange sooner than has been expected. Simex chairman, Mr Ng Kok
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  • 297 1 Reuter, UPI AUSTRALIAN Prime Minister Bob Hawke yesterday bluntly told his countrymen that they must tighten their belts and accept lower living standards to overcome the country's growing economic problems. In a nationwide television address, he told the nation, stung last month when
    Reuter,; UPI  -  297 words
  • 328 1  -  ■y JEFFREY TSANG A LOCAL invention that is widely used by Singapore hotels to cut down their electricity bill has been picked up by Honeywell, one of the world's largest computer manufacturers, for worldwide distribution. Energy Guard, a device that switches off the power supply and
    328 words
  • 220 1 AP, AFP THE PHILIPPINES government will probably not consider a reported offer from ex-President Ferdinand Marcos to surrender US$2.l billion. Several newspapers reported yesterday that lawyer Juan David, who had gone to Hawaii to talk to Mr Marcos last month, had relayed that
    AP,; AFP  -  220 words
  • Article, Illustration
    50 1 ABTOONO bytog free tojhe prices to reeeap mm tt the Usees laeawed beeaase sf pnflttokisg activities earlier Is the *»y. As a resait, the Singapore stock SMrket elssed mixed aa haprsved vdam Thete were 71 Si to 7W.fl while the BT Mile Mm was dawa Ml to «1.44.
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  • 472 1 Reuter JAPANESE leasing companies, which have aggressively pursued international loan business over the past V/i years, are hesitating to join in a controversial 30 billion yen loan for Malaysia, leasing sources said. The 20-year loan, being arranged by Citicorp International Ltd in Hongkong,
    Reuter  -  472 words
  • 544 1 FACED with worldwide overcapacity in its factories, Data General, one of the world's largest computer manufacturers, has decided to close its Hongkong plant and transfer some of its activities to Singapore. The move, which includes the transfer of the group's regional
    544 words
  • Page 1 Advertisements
    • 194 1 Cassette Receiver H2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****22 Kuala Lumpur Phone, *****3 Phone. *****5/*****1 Jakarta: Phone; *****5 The Cathay challenge BY PLACING $1.6 billion of orders and options on new long haul aircraft, Cathay Pacific has made a major gesture of confidence in the future
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    • 253 1 a mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV A RADIO OUR VIEW CIGARETTE COMPANIES hove constantly tried to take advantage of loopholes in the "no advertising" laws. If they continue to push their luck, the authorities may be prompted to tighten existing laws and take even
      253 words
    • 153 1 81m«x aaminar to draw attantion to Nikkal indax, Paga 12 :^:)-/.}_=<>`;/~}^.+//-:'*_|~?, New horizons in time. Rack) DiaStar Anatom an amalgam of the latest scratchproof technology and anatomic-functional design Revolutionary design. Convex sapphire crystal, diamond-polished on both sides. A revolutionary leap into a new era of styling and design The perfect
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  • HOME NEWS
    • 438 2  -  By BOEY KIT YIN A STRONG LINK between the manufacturing and services industries would serve to anchor services such as banking, marketing and development activities more firmly in Singapore. Mr Koh Boon Hwee, the managing director of Hewlett Packard Singapore, told a Pre-University seminar
      438 words
    • 269 2 SEVEN local computer companies will take part in an international computer exhibition starting in Cologne today. Singapore-made personal and home computers, and peripherals will be on show at the Cologne International Computer Exhibition until June 15. "The exhibition is
      269 words
    • 88 2 THE SINGAPORE Chinese Chamber of Commerce will send a 20-member team to Burma as a step towards promoting closer trade ties with the country. The delegation's visit will assess business prospects for local products, establish contact with officials of Burmese corporations and will help gain
      88 words
    • 281 2 THE PUBLIC UTILITIES Board will be spending $22.5 million to buy and install equipment in its new computerised Power System Control Centre at Ayer Rajah. A contract for the supply and installation of the equipment has already been awarded, according to the board's latest newsletter, PUB
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    • 329 2 By RAY HEATH SINGAPORE FESTIVAL OFARTS />> =4 THE SONG OF Eternal Sorrow was poetry in motion. This traditional tale of doomed love might be 1,250 years old, but in a terrifyingly ambitious production at the Victoria Theatre Hall on Tuesday night, it vibrated
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    • 542 2  -  By JEFFREY TSANG DRUMS set the rhythm (or the otherwise unaccompanied dance of the National Ballet du Senegal. African dance has very little in common with the ballet form that has pervaded the world from the West and is almost impossible to understand from the "classical"
      542 words
    • 53 2 IN A table accompanying our story, "Higher loan provisions hit Hong Leong and Sinfin", in the June 6 issue of BT, we inadvertently used the logo of Overseas Union Finance as that of United Overseas Finance. The above is the correct logo of UOF. We are sorry
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    • 486 3  -  By LEE HAN SHIH A COUNTER to the argument that automation will put small companies on the road to prosperity has been put forward by a Japanese consultant to the government-backed Automation Application Centre. Automation increases production and it is dangerous for
      486 words
    • 128 3 SEVERAL PLOTS of land totalling about 1.68 million sq m in area nearly twice the size of Telok Blangah estate are to be acquired by the government for general development. The plots are located in Choa Chu Kang, Jurong, Kranji and Lim
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    • 305 3 TENDERS have been called by the Public Works Department (PWD) for a one-year project to widen, extend, and straighten a one-km section of Clementi Road between the junctions with Ayer Rajah and Pasir Panjang roads. Work will also involve extending Clementi Road
      305 words
    • 518 3  -  Lower downpayment and waiver of bankers guarantee among incentives By LISA LEE DEVELOPERS of about five hectares of land in Marina South will be given extra perks to encourage them to take part in setting up a major food and recreation
      Source: Urban Redevelopment Authority  -  518 words
    • 281 3 ABOUT 2,300 civil servants will be visiting other ministries and government bodies in the next few months to study other methods of operations in order to boost efficiency. The visits by the civil servants, who come from 14 ministries and six government bodies,
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  • Page 2 Advertisements
    • 484 2 You (an take it anywhere, anytime. 'Jk Jt >1- 0 I v Wrf r Nfe K"F% v Introducing the Bondwell 8 IBM compatible portable. It's here. The new generation portable Bondwell 8 micro computer. Reckoned to be one of the best available in the market It's small in size but
      484 words

  • Page 3 Advertisements
    • 173 3 k m 3 ~t <K mM s* 3 fliiffr--*-^ £&i&^-'S£ r 3^ •••<-•- r igss V.. ?Ss(eea6si#- 4* SW, il i *Tr *2. ;^;,J Mr 7if T& *V!iiL'- > _V .rttr <«• «ir-. w-r; ■hp-- PF-.. |»a IPafe*' Hk-■•■,■" <r-W J. «'te| ■»<- H&e* 1 1M&3» T. 't y%< T
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  • ASIA-PACIFIC
    • 395 4 AFP A BLUE-RIBBON panel has issued a report urging the Japanese government to speed up fiscal and administrative reforms without tax increases. Declaring that the government was only halfway towards the goal of reform, the Special Advisory Council on Enforcement of Administrative
      AFP  -  395 words
    • 346 4 FT THE DRAMATIC increase in Japan's car exports to Europe this year has prompted the Ministry for International Trade and Industry (Miti) to call on Japanese carmakers to curb their European export growth voluntarily. In the first four months of this year, Japanese passenger
      FT  -  346 words
    • 270 4 Reuter AYATOLLAH Ruhollah Khomeini has spoken in favour of a pro-private enterprise trend in Iranian politics, bolstering right-wing clerical traditionalists. Diplomats said the speech to government officials, broadcast live on Monday, indicated that the traditionalist grouping now had a firm upper
      Reuter  -  270 words
    • 450 4 An example for Third World development AP TAIWAN has achieved in 30 years economic success that took many of today's industrial powers a century and could serve as a model for Third World development, US policymakers were told on Tuesday by a private
      AP  -  450 words
    • 149 4 Reuter CHINA'S air force will set up its own airline to help ease a shortage of seats on domestic routes, with the military providing planes, flight crews and in-flight meals. The China Daily newspaper yesterday reported that the air force would
      Reuter  -  149 words
    • 205 4 Reuter INSURANCE companies in London have raised their premiums to cover losses from Tamil guerilla activity and Sri Lankan companies are seeking state help to 9et up an alternative insurance scheme, insurance officials in Colombo have said. The officials said that
      Reuter  -  205 words
    • 399 4 AP THE INDIAN ARMY was ordered on alert in Haryana state on Tuesday night to prevent violent protests and a Hindu backlash against the scheduled transfer of Chandigarh city to Punjab state. Officials said the Haryana government had asked the army
      AP  -  399 words
    • 754 4 ARRIVALS Operotor Scrvice number Locol tunc From MAS MH8I 1 0910 PEN MAS MH67I 0920 KUL SIA SQI03 AC858 0950 KUL AC 0950 YYZ/LHR/BOM CPA CX710 1015 CGK MAS MH603 1020 KUL RBA BI421 1030 BWN GIA GA960 1100 CGK SIA SQ105 1105 KUL SIA SQ20I 1145
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  • Page 4 Advertisements
    • 105 4 At Pete's Place, we know that during the day you like to put your nose to the grindstone. (It's also one of our favourite tricks.) So come lunchtime, you don't want to waste time waiting for your lunch. Our staff are very fast, and they'll serve up a feast of
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    • 52 4 I I 11 \I I If l| I Tuesday. Thursday, Saturday and I I II I f I VI \l Sunday. Leaving Changi Airport at I A. IL lJ—l 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canada at *****55 or your Travel Agent.
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  • Page 4 Miscellaneous
    • 54 4 Doonesbury 50WHATKJNP OFrmewu GONNA SHOOT iW, m m m m i '.r, i\ mI e. 3 r 8 -&ABY -DOC BY GARRY TRUDEAU una) KNIGHTHOOP 7 OLfufS, ABOUT THe/FZADIMtADOIA KNIGHT- £N!THe/£V£NG<VZ HOOP** KNIGHTHOODS TO ACT--ORS.RX6OC&SAKZ! HELL, 60N6A XXX* PIN GOULDVB PfCKBP UP A 2XZ? KNIGHTHOOD! M m 3 G m
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  • REST OF THE WORLD
    • 431 5 Agencies AFRICAN NATIONAL Congress (ANC) external relations secretary Johnny Makatini on Tuesday criticised South Africa's trading partners over their reluctance to agree to economic sanctions against the Pretoria government while the US House of Representatives Foreign Affairs Committee approved a bill to impose tough sanctions
      Agencies  -  431 words
    • 250 5 UPI, Reuter, AP AMERICAN BUSINESSES should stay in South Africa and should not be subjected to sanctions, US Secretary of State George Shultz told the Economic Club of New York on Tuesday. "The presence of our firms has been very constructive," Mr Shultz said.
      UPI,; Reuter,; AP  -  250 words
    • 268 5 Reuter THE HEAD of the presidential commission that investigated the Challenger disaster has angrily denied rumours that the White House played a role in the ill-fated launch decision. Chairman William Rogers also told congressional panels on Tuesday it would not
      Reuter  -  268 words
    • 413 5 Reuter THE WEST GERMAN economy slowed down in the first quarter of 1906, according to data out on Tuesday. But analysts, while toning down their more optimistic predictions, still forecast a good performance for the year as a whole. Less than a week
      Reuter  -  413 words
    • 243 5 AP THE US government, in a departure from its generally sceptical view of Soviet proposals, has welcomed an offer by Soviet President Mikhail Gorbachev to create an international programme to help victims of nuclear accidents. US State Department spokesman Bernard Kalb called it "a
      AP  -  243 words
    • 125 5 Reuter ONLY HALF the women questioned by a popular magazine said they would marry the same man again, and about a quarter said they felt like his mother. The survey of 3,009 women in their first marriage was conducted by Women's Day and results
      Reuter  -  125 words
  • Page 5 Advertisements
    • 346 5 ii Quote, Unquote PP You can reach out in front of you at Crossroads, clench your fist and squeeze fear out of the air. Lester Venter, a reporter, describing the atmosphere at the Crossroads shanty city near Cape Town. The squatter camp was racked with violence on Monday as defending
      346 words

  • RAW MATERIALS
    • 312 6 AFP CHINA exported a record 350,000 tonnes of cotton in 1985, and will probably become the world's third largest cotton exporter this year. The New China News Agency (NCNA) said on Tuesday that China was a cotton importer until 1983, and the 1981-85 five-year plan
      AFP  -  312 words
    • 742 6 COFFEE Robusta futures ended a lacklustre day on Tuesday around the highs of a maximum £50 traded range with pared losses from Monday night of £16 to £25 a tonne in a volume of 5,637 lots including 1,088 crossed trades and 24 options. The market fell sharply in
      742 words
    • 166 6 MALAYSIAN crude palm oil prices closed down on buyer reserve yesterday in quiet trading as traders were away for holidays. An uncertain Chicago soyoil futures close on Tuesday night also dampened sentiment. Interest was confined to the June position, where central region closed Mss lower at Ms6oo a
      166 words
    • 148 6 Chinese Produce Exchange Sellers' noon doting price* on June 11 (SJ/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61 00 New drum FOB 65 00 Copra Mixed (loose) 26 buyers Pepper Munfok White FOB NLW 1185 00 Sarawak White FOB foq NLW 1170 00 Sarawak
      148 words
    • 247 6 SOYBEAN FUTURES on the Chicago Board of Trade closed on a steady note on Tuesday in sympathy with the recovery in soyoil, ending 2 3/ to 3 3 US cents per bushel higher in light trade. July settled at US$5.32 a after posting a 3* 2 -cent range on
      247 words
    • 264 6 WHEAT FUTURES on the Chicago Board of Trade closed mixed on Tuesday, ranging from up 1V« US cents per bushel in July to down I'/« cents in March. July settled at U552.52 after posting a four-cent range on the day. Although most traders look for a rise in the
      264 words
    • 294 6 SINGAPORE The market closed marginally lower yesterday with July One RSS buyers quoted at 168.50 cents per kg, down 0.25 cent from last Thursday. The morning session gained 0.75 cents on light buying in thin trading with higher Tokyo advices helping sentiment. The gain was pared slightly in the
      294 words
    • 109 6 TIN PRICES m the Knit Lnmpar Tin Market rite mm eeat yesterday to close at M114.1l per kg (rem last Friday. Dealers said the market raled quiet, after the leag Hari Raya Paasa holidays, with meet operators alse diverting activities to a cheaper Earopeaa tree market. Oaly scattered
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    • 66 6 Bangkok (USS/tomw. FOB) White Rice 100% 1st closs 240 100% 2nd doss 215 100% 3rd closs 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-l Super 115 A-l Special 112 C-l Speciol unq C-l Ord unq Loonzain Rice 100% 1st grade unq
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    • 309 6 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers lot 1 RSS Prompt 170 00 171 OON 169 00 170 OON Int 1 RSS July 86 169 50 170 00 168 50 169 00 Int 1 RSS Aug 86 170 50 171.00 169
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    • 104 6 (cents/kg, 1-ton poUets) JULY 86 AUGUST 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 160 50 162 50N 161 00 163 00N SSR 50 157 50 I59 50N 158 00 160 00N MRELB Buyers Sellers Buyers Sellers SMR CV 217 50
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  • Page 6 Advertisements
    • 263 6 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS IF YOUR RECEPTIONIST IS ALWAYS ENGAGED, GIVE OURS A RING. 468 5633 BEEP BEEP BEEP Few things in life are more irritating than making an urgent telephone call only to be greeted by the engaged tone. Who can tell how much business is lost by
      263 words

  • Page 7 Advertisements
    • 131 7 THE NEW POWER OVER ASIA r; r.-.-m ill m ft i;:--9 u#*" 0® <■ w .V psspaiii; ml #»iSilS| J 4«r4£# m m. cj; a P&?' is 'ii£ 524D4D engine powering the Boeing 747-400. Cathay Pacific already operates a fleet of eleven Boeing 747s and nine Lockheed LlOll TriStars, all
      131 words

  • FEATURES
    • 486 8 CIGARETTE COMPANIES make a mockery of the law the way they openly exploit loopholes. Every so often, they find new routes round the "no advertising" ruling which was imposed in 1973. But while there have always been isolated cases, the current spate of Camel, Kent, Marlboro, Peter Stuyvesant
      486 words
    • 1920 8  -  Faced with the uncertainty of the Chinese takeover of Hongkong in 1997, a rival airline, and increasing international competition, Cathay Pacific has just placed its biggest order for aircraft. Ray Heath spoke to the airline's managing director to find out how he is plotting
      1,920 words
    • 207 8  -  Letter to the Editor Lam Peck Heng Dear Sir, In her Viewpoint piece (BT June 4), Margaret Thomas suggested that "if poorly educated men cannot find wives among Singaporean women, let them marry foreigners and ease up on the laws that
      207 words
  • Page 8 Advertisements
    • 111 8 ft provides the information needed by all bankers, investors, forex traders money goftd& silver traders BT, S'pore's largest business daily, carries an in-depth and up-to-date coverage on the banking financial sectors, both local and overseas. This indispensable page keeps all bankers, investors traders informed on significant international events and contracts.
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  • Page 8 Miscellaneous
    • 678 8 CRYPTIC PUZZLE ACROSS 4 An illusory view of motorway madness (6) 7 Stops while he gets a new stove (6, 2) 8 One in charge of landing fish? (6) 10 Oil-men's horses? (5) 13 A blow to encourage the reader? (4) 14 She is in Los Angeles initially (4) 15
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  • SPORTS
    • 732 9 AP A HAT TRICK by Alessandro Altobelli propelled Italy to a 3-2 World Cup win over South Korea and a place in the second round together with Argentina which advanced with a drab 2-0 defeat of Bulgaria. Altobelli's hat trick, with help from a defender, finally
      AP; Photo by Jerry Seh  -  732 words
    • 593 9 Agencies WITH THEIR victories yesterday, Argentina and defending champion Italy have qualified from group A into the second round of the World Cup. Argentina topped the final standings with five points from a 1-1 draw with Italy and two wins,
      Agencies  -  593 words
    • 281 9 A 115,000 HANDSHAKE for a 170,000 event. Singapore Sports Council executive director Lau Teng Chuan (middle) and Guinness Singapore manager Kevin Low conclude the transaction to launch next month's Guinness Road Race at the Ang Mo Kio athletics centre. Witnessed by Singapore
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    • 252 9 Reuter BORIS BECKER tuned up tor-; his Wimbledon title defence two weeks' time with a comforts: able win in his opening match at the London grass court tenate championships on Tuesday. The 18-year-old West Germ?m took just 55 minutes to dispose of
      Reuter  -  252 words
    • 495 9 UPI THE EUROPEAN FLAVOUR of the Shinnecock Hills Golf Club makes the US Open an inviting target for the delegation of foreign golfers. Shinnecock, which last hosted the US Open 89 years ago, resembles the "links" courses of Europe flat, windswept holes which
      UPI  -  495 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1085 9 W sm GMDQ® T- a 2>H 6* t T 4 Agatha herself is tha mystery this tima THURSDAY FEATURE SPECIAL Agatha 1030pm, Channal 5 The famous mystery writer, Agatha Christie (Vanessa Redgrave), creates her own mystery by disappearing into thin air one night. Her car is found abandoned in Berkshire
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    • 13 9 TO TROOBLC N/OUUMPfI" MRPPCNeD -TO ORneR Numseg D.6. 3Q09 HO LOOK IT UP.
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  • INTERNATIONAL STOCKS
    • 223 10 FT MONTEDISON, Italy's diversified chemicals, pharmaceuticals and services group, is expected to begin formal negotiations shortly for the acquisition of a 25 per cent shareholding in Sweden's Fermenta bioengineering company. The acquisition could cost Montedison up to around US$3OO million. In Milan on Tuesday,
      FT  -  223 words
    • 130 10 Reuter EXXON CORP has been admitted to the London Stock Exchange official list and trading in its shares began on Tuesday, merchant bankers Kleinwort Benson Ltd and Morgan Grenfell and Co Ltd said. A spokesman for Kleinwort said the decision to seek a listing was
      Reuter  -  130 words
    • 105 10 Reuter BRITISH AIRWAYS has described press reports that it plans to buy engines from General Electric Co (GE) of the US to power its next order of aircraft as "purely speculative". A spokeswoman said no decision had been taken on either engines or aircraft. The reports
      Reuter  -  105 words
    • 316 10 Reuter WALL STREET stocks closed on Tuesday with a small loss after struggling hard all day to put behind the after effects of Monday's sell-off. Computer stocks led a rally attempt but insurance, money centre banks and transports pulled the opposite way. The Dow
      Reuter  -  316 words
    • 99 10 JUNE 10 Abrtto c$ 24* bt* Oi Inco lot Pip* 37* 19* 44* 21* -H Akon 43 -1* 15* Atgomo 15** Bonk Mont 32* Bonk Novo Scotia 15* 37% Mc BMd Motion A 33* Bp Rmourcm 30* unch Broscon A 25* 17* •1 Norando ki 19* unch 16* NortHgale
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    • 195 10 JUNE 10 I«d Trust Bk 125 65 -5 INMKTIUU 1275 A Alpha Abercom 1000 215 ***** unch -5 MININGS 4635 10 435 -10 ***** 200 A 4150 1925 35 1800 -15 Buffefc •too 450 C G Srmth 2725 25 1475 -5 CNA 250 450 unch Cons G*U 2800 1020
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    • 639 10 JUNC 10 U» AJcan AJumn 31 Alcoo 39'* -1 Aieg Intl 19 AJked Sag 44 Afced Storm 43* Afts-Oiaimer* 41* unch Am Brand* b-ic 81 V -1* Am Con Co 72 -1* Am Cyonamd 721* Am Elec Pwr 25** unch Am Express 59* -1* Am Home Prod 83v*
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    • 901 10 Amsterdam JUMC 10 Fb ABH 576 50 -3 5 Aagon IIO X -0 4 Ahotd 8710 +02 165 00 -2 Akento 151 70 -0 3 AMfV 8100 -09 107 20 -1 4 Am Stod 130 50 -15 32.90 -0 1 Boriianq 815 00 -15 Buehmxm Tcftsrodc 177 00
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  • Page 10 Advertisements
    • 169 10 iter* to wim, liim estertaia ir.2 The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself
      169 words
    • 199 10 It could only happen at Hotel Miramar... ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cttcktail Lounge. A drink for only $3.00' (except premium brands) served daily from 4pm to 7.30pm. Delicunis natural air-flown oysters *>r our select choice
      199 words
    • 86 10 WMI The aromatic fragrance of our home-made Dumplings is matched with limitless Dian Xins to give you a winning combination that is hard to resist! From June Ist to 15th Time: 1 lam 3pm (Weekdays) Bam 3pm (Sundays Public Holidays) HUANG MLACE 181, Kitchener Road. Singapore 0620 TH: *****22 Tea
      86 words
    • 144 10 Bring your friends, order your favourite beer and get a second one FREE! At the Heritage Bar from 11.00 am to 7.00 pm and 11.00 pm to 1.00 am on weekdays, and Fridays, Saturdays and eve of public holidays until 2.00 am. unkai Japanese Restaurant during lunch or dinner. The
      144 words
    • 292 10 London stocks on pogs 15 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. Bv Weekday fare (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person).
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  • ASIAN STOCKS
    • 239 11 Yen 1950 350 2 AjBXXTXJtO 80 -10 -14 Mitsuto Estate Mitsub Heavy 2070 367 4- 80 -2 Amodo 910 Mitsubishi 787 459 12 48 Asohi Chem 835 1240 -2 Mitsui Mitsui Smelting Mitsukoshi 143 unch Bonk Of Tokyo Bndgestone 790 725 6 14 1130 1120 4 10 50 1030
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    • 55 11 JUNE 11 Oriental 8 0013 unch o.ou -0 001 Phricx B 0.21 Ap«x Mrwna B A riot Coo. 8 0 01 13 unch uoch Pkop B Pt-DT 105 1 unch 0 0002 -3 unch unch 51 -1 9 50 0.1 Fnt Phi Hklgs 390 Sungoo Con B UHM Morcopp«r
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    • 615 11 SYDNEY: Australian share markets yesterday closed slightly firmer with investor nervousness ahead of Prime Minister Hawke's address to the nation yesterday evening offset by renewed interest in BHP, brokers said. There are plenty of rumours flying around about BHP and this has affected the market, one broker said. At
      615 words
    • 105 11 JUNE 11 Won Kong won Ind KIA Motor 1310 1850 •5 20 Cheil Sugor 1900 10 Kolon Ind 2200 -JO Daetim Ind 544 3 Korea Long-Term 910 unch Daewoo Corp 1153 -3 Lucky Ltd 1375 65 Daewoo Heavy 1489 17 Oriental Brewery 1471 6 Dong Ah Phor 840 -10
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    • 103 11 BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.05 point to 127.98. Turnover amounted to 105,264 shares valued at 8.9 million baht. JUNf 11 Saha Union 106 unch Sermsuk Siom Cement Ao Khom Thoi Asio Fibre Ayvx*)yo Investment 133 unch Leasing susp Bangkok Agro-tnd 26 unch Siam City
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    • 143 11 AFP DAIWA SECURITIES Co of Japan will put on sale the world's first Euroyendenominated stock index bonds in Luxembourg this month. Daiwa said on Tuesday it would make available two types of bonds, the so-called bullish-type and the bearish-type, both of which
      AFP  -  143 words
    • 137 11 Reuter GENERAL MOTORS of the US, Cable and Wireless PLC of the UK, Toyota Motor and C Itoh and Co are considering a joint venture in Japan in international telecommunications. A C Itoh spokesman said the firms agreed to establish a company to study the venture, but
      Reuter  -  137 words
    • 76 11 Reuter MONTEDISON SPA said its group companies Farmitalia Carlo Erba SPA and Tecnimont SPA had won a contract from the Indonesian government to plan and construct a pharmaceutical plant near Jakarta. It said it would be among the world's largest and require a total investment of
      Reuter  -  76 words
    • 477 11 Harsh budgetary measures withdrawn Reuter INDIAN STOCK markets have regained buoyancy, ending the uncertainty of the past three months when prices of most popular shares plunged on widespread selling. Expectations of another bumper harvest after good monsoon rains and the recent withdrawal of harsh
      Reuter  -  477 words
    • 261 11 Reuter THE UNITED COCONUT Planters Bank (UCPB) has asked the Makati regional court to find newly elected San Miguel Corp (SMC) chairman Andres Soriano and other SMC directors in contempt of a court order telling them not to exercise rights over
      Reuter  -  261 words
  • Page 11 Advertisements
    • 642 11 The Hongkong and Taipei markets were closed yesterday for the Dragon Boat Festival holiday. %>1 If T rUp m m Si L, Ir.P (?M 'A MAGICALLY HYATT I*l=] 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for
      642 words
    • 186 11 k ***** V Poking A Sichuan Restaurant 6TH ANNIVERSARY SPECIALS #88++ (For 4 persons) ABALONE/LOBSTER Set Menu Braised whole abaione in oyster sauce Braised lobster in chilli sauce Hot-plate fned chicken Sichuan style Crab meat with Tientsin cabbage Hot sour soup Silver thread roll 10% service charge A 3% government
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  • BANKING AND FINANCE
    • 679 12 Reuter Tf!E PROSPECT of stronger economic growth in the third quarter undercuts the likelihood elf further interest rate reductions, even though the Federal Reserve may again cut its discount rate, economists say. The average forecast of 12 economists polled by Reuters dalls for real
      Reuter  -  679 words
    • 227 12 Reuter EXCESS LIQUIDITY and good demand for longer-term government bonds have led to an easing of short-term interest rates in New Zealand. Dealers predicted short-term rates would continue to ease over the next two weeks as the system remained liquid. They said the
      Reuter  -  227 words
    • 406 12 Reuter CURRENCY FUTURES may go through a period of consolidation following last week's steep advance, but the upward trend appears to be intact. During the next week or so, the market will be "consolidative with an up bias", according to money market
      Reuter  -  406 words
    • 296 12 Oana-Xinhua THE RECENT CHANGES in the financial policy of the Asian Development Bank (ADB) will allow the bank to play a more effective role as a financial intermediary between the developed and developing world. In an address to members of the financial community in
      Oana-Xinhua  -  296 words
    • 143 12 Reuter INTEREST RATES in France are now close in real terms to those of its trading partners and are unlikely to (all further, says Prime Minister Jacques Chirac. Speaking at a Chamber of Commerce meeting in Paris on Tuesday, he said that rates
      Reuter  -  143 words
    • 344 12  -  By SOH TIANG KENG, Financial Corraapondant THE SINGAPORE International Monetary Exchange is to sponsor a two-day conference at the end of this month to attract global attention for its plans to launch the Nikkei Stock Average index on Sep 3. Investment and
      344 words
  • MONEY AND EXCHANGES
    • 717 12 SINGAPORE The US dollar closed easier yesterday against most major currencies in moderate and nervous trading. The US currency opened slightly lower, then recovered briefly around mid-morning on some short-covering following remarks by US Council of Economic Advisors chairman Beryl Sprinkel that he hopes Japan and the US
      717 words
    • 369 12 BA Futures AFTER A QUIET opening at 92.81 in September Eiwiillir, futures suddenly traded up to 92.84 yesterday following a statement by Beryl Sprinkel that the US would be cutting inflation forecast. Technically, futures are still in a downtrend with near-term support at 92.71 in the September contract while
      BA Futures  -  369 words
    • Article, Illustration
      132 12 THE OVERNIGHT rate on the Singapore interbank money market remained unchanged from Tuesday to close at 5-1/8 per cent yesterday. The one-month term rate rose by 1/16 point while the two and threemonth rates remained unchanged. Mulct Km avtraft of Hit print Mh( rites of 12 ma|tr banks
      132 words
    • 223 12 Interbank rates at 3pm yesterday: BM OWer ai roaa parity change Local dollars to on# unit of fpfiiyi currency US dolor ***** 2.2230 2 8196 -21.19 Sterling pound ***** ***** ***** -5373 Austrokm dolor I 5465 1 5487 ***** •54.89 NZ dolor 1 2509 1 2537 3 4286
      223 words
    • 370 12 Asian market ASIAN DOLLAR deposit rates closed steady to slightly higher yesterday compared with Tuesday's levels, in quiet trading. Period rates from one to six months closed at 7-3/16 7-1/16 per cent each, all up 1/16 point from the previous close. One year closed unchanged at 7-3/8 7-1/4. Short-dates were
      370 words
    • 190 12 HONGKONG: The market was closed yesterday. TOKYO: Futures came under technical adjustment selling and closed 13 to 30 yen per gram lower yesterday on small-lot profit-taking generated by lower New York prices and the yen's appreciation against the dollar. Dealers said trading was slow due to uncertainty about the
      190 words
  • Page 12 Advertisements
    • 100 12 Isn't it time you improved your reading level? Send me one year of The Asian Wall Street Journal. The Asian Wall Street Journal can't help you get ahead if others are getting it ahead of you. Just mail the coupon, and get your own Asian Journal delivered for a full
      100 words

  • SHARE INFORMATION
    • 4228 13 THE STEEP run-up in the Singapore stockmarket paused for a little while for profit-taking yesterday but recovered dramatically in the afternoon. The profit-taking, long overdue, was sparked off by remarks made by Acting Trade and Industry Minister Brig-Gen Lee Hsien Loong who cautioned
      4,228 words
    • 287 13 SINGAPORE Rises Indi CM G 1 Lit* 1500 50 Jaaa 10 Jao* 11 OUT Paafc Hm 196 18 •T Compowtt 602 10 601.44 170 15 •T Indicator *****37 *****08 Prone 498 14 •T Of/OS 583 +465 Matol loi Sport 314 14 IT CAM -6661 -6675 M Flow
      287 words
    • 4438 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 328 1.335) (10) 1 30 (2) 1 31 (10) 1 32(10) 1 31 (13) I 32CD Alcorn (0.6146 0.645) (1)0.64 (10) 0 62XRI Amol Steel 50< (0 878 0 8745) (32) 0 89 (10) 0 88 (6) 0 87
      4,438 words

  • COMPANY NEWS
    • 367 14 AUDITED annual figures from Dah Yung, the group whose activities range from the manufacture of industrial gases to the distribution of safety and welding equipment, for the year to end-December 1965 vary a little from the preliminary figures which the group released on
      367 words
    • 491 14 THE RALLY gathered pace at the Kuala Lumpur stock market yesterday and share prices soared to yet higher ground. Blue chips as well as speculative counters were sought after and at the close double digit gains littered the boards. Total turnover amounted to 20.81 million
      491 words
    • 107 14 HONGKONG Hong Kong Index Wednesday closed Tuesday 1091.97 Week ago 1094.17 All Industrials Wednesday 1950 9 Tuesday 1951.4 Week ago 1966.0 NEW YORK Hang Song Index Wednesday closed Tuesday 1751.36 Week ago 1756.67 Dow Jones Tuesday 1,837.19. Monday 1,840.15 Week ago 1870.43 TOKYO Nikkei Averoge Wednesday *****.45* Tuesday
      107 words
    • 274 14 <« xri/" 1 > MARA-Bumiputrs L.*. Singapore Unit Trust Frst B'putro 433 4 38 The Commerce 0 83 0 88* The Savings Fund 0.73 0 77 Second B'putro Th*d B'putro Fourth B'putro Fifth B'putro Sixth B'putro 4 07 3 43 3 75 4 12 348 380 S'pore Prog
      274 words
    • 523 14  -  Shareholders must have true and fair picture of company By RAMESH CHANDIRAMANI DIRECTORS OF public companies were told yesterday that they will soon be obliged to give their shareholders all the facts necessary to provide a (air picture of their company. Restricting the
      523 words
    • 3153 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. NXJSTMALS Apnomoto (8) 300 AMD (3 245) (I) 3.10 Alcorn
      3,153 words
    • 249 14 KENTUCKY FRIED Chicken (S) Lid: 12th AGM at Hart House, 17, Kallang Junction, Singapore 1233 today at 11 am. SAN HOLDINGS Berhad: 21st AGM at 10th Floor, Wisma Central, Jalan Ampang, *****, Kuala Lumpur, Malaysia today at 10am. MALAYAN UNITED Indastrles Berhad: 15th AGM at the MUI Plaza
      249 words
    • DUTCH BABY MILK Industries (Malaya) Berhad:
      • 252 15 By HOCK LOCK SIEW READERS who have been following the Chart Point column over the past two weeks probably know that the columnist has earmarked the ST 710/725 region as the first target for the current stock market rally. We are now at the
        By HOCK LOCK SIEW  -  252 words
      • 684 15 MALAYA Tin Printing is back in the news again, this time with a big money problem on its hands. It dropped a bombshell last week, saying that it was having problems recovering a sum of $4.5 million which it had placed in an
        684 words
    • 245 15 1984 at NZ$1 each. SIN HENG Chan (M) Bhd said it has acquired the total paid-up capital of M$2 of Goldkist (Selangor) Sdn Bhd. The company has not commenced any business yet. KULIM Malaysia Bhd said Datuk Mohd Ali bin Hashim has been appointed chairman of the company
      245 words
    • 906 15 SHARE PRICES in London yesterday opened with an easier bias in quiet trading with attention centred mainly on special situations, dealers said. At 9.15 am, the FTSE 100 Share Index was down 1.6 points at 1,584.8 and dealers said they expected the market to drift quietly lower throughout
      906 words
    • 668 15  -  Possibility of acquisitions being explored By LORETTA McLAUGHLAN FOOD GROUP Cold Storage Holdings is paying extra close attention to how the economic slowdown is affecting its business. Thanks to the downturn in trading conditions, "there are within Singapore a number of companies in a weak
      668 words
  • Page 14 Advertisements
    • 408 14 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid KHONG GUAN HOLDINGS MALAYSIA BERHAO Certificate No*. In the nam* of No. of shar** 1T***** Mr. Doraisamy s/o 1,000 Parasuraman SRI HARTAMAS CORPORATION BERHAO *****3 SiaßanHeng 1,000 Notice is hereby given that if within 14 days
      408 words
    • 208 14 YUEN KEE GOLD ACCESSORIES PTE LTD Imcorporalad m itw Rapubkc of Singapore) tn Voluntary Uqwdationl NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Sect on 306 of the Companies Act Cap-185 the Final Meeting of members of the Company will be held on Monday 14th July. 1986
      208 words
    • 177 14 NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, (Chapter 185) that a Final General Meeting of the Members of the abovenamed Company will be held at 101-A Upper Cross Street, #11-22, People's Park Centre, Singapore 0105 on Thursday the 10th day of
      177 words
    • 263 14 NOTICES i 'i JVi i JULIANA SHOES A HANDBAGS PTE. LTD. At an Extraordinary General Meeting of JULIANA SHOES fc HANDBAQB PTE. LTD., duly convened and held at 81-02, Golden Wall Auto Centre, 89, Short Street, Singapore 0718 on Ist June, 1980, the Special Resolution set out below and signed
      263 words
    • 259 14 f. CAP. 1* AND mmm At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held 1 at 10 Jalan Besar #OC-02, Sim Llm Tower Singapore 0820 on sth June 1986 the; Special Resolution set out below was duly passed:SPECIAL RESOLUTION It was resolved that
      259 words

  • Page 15 Advertisements
    • 915 15 KIAIW AIK HANG FINANCE COMMNY LIMITED (Incorporated in Singapore) 157, SOUTH BRIDGE ROAD, SINGAPORE 010 S. TEL: *****66 BALANCE SHEET AS AT 31 DECEMBER 198S FIXED ASSETS INVESTMENT PROPERTIES MORTGAGE LOANS DUE AFTER 12 MONTHS HIRE PURCHASE DEBTORS CURRENT ASSETS NET CURRENT LIABILITIES Represented by:SHARE CAPITAL STATUTORY RESERVE PROFIT AND
      915 words

  • 404 16  -  By ANNA TEO AUDIO EQUIPMENT maker Aiwa Singapore has increased its production by 30 per cent, using up its excess capacity. In dollar terms, that means expected sales of $130 million this year, up from $100 million in 1965. Further increases, including
    404 words
  • 423 16  -  By LISA LEE THE EMPLOYER of a Sri Lankan maid who was imprisoned in a penthouse in Peach Gardens for more than three weeks said yesterday that the maid had agreed to be locked in. Mr Murli Vasanmal, 47,
    423 words
  • 66 16 TAXI and bus members of NTUC Comfort need not pay their $24 personal insurance premiums this year, the cooperative's chairman Mah Bow Tan announced last night. Mr Mah said at the opening ceremony of Bedok taxi kiosk that this was because of the cooperative's success in reducing its
    66 words
  • 211 16 UPI THE CHAIRMAN and chief executive officer of Unocal Corp has accused Saudi Arabian leaders of waging a war of "economic terrorism" against the US. Fred Hartley also continued his call for the Reagan Administration to impose an import fee on crude oil to
    UPI  -  211 words
  • 199 16 THE PHILIPPINE military has uncovered a plan by supporters of Mr Ferdinand Marcos to seize the presidential palace and other vital installations. Brigadier-General Ramon Montano said yesterday that the military had identified several associates of Mr Marcos in the plot, codenamed "People
    199 words
  • 369 16 Reuter MEXICO SEEMS to be taking an increasingly hardline stand on its debt, the second largest in the developing world, with President Miguel de la Madrid saying that negotiations on the country's obligations had to be carried out without bringing about "a collapse of the
    Reuter  -  369 words
  • 187 16 AP OVER-RAPID industrial expansion which strained China's resources last year has been brought under control. State Councillor Th&ng Jingfu was yesterday quoted as having said that the country's average monthly industrial growth rate from January to May had been 4.4 per cent, compared with a monthly
    AP  -  187 words
  • 240 16 Reuter A TOP US economic official sought to reassure Japan yesterday that the US was not out to harm it and hoped that the two nations could solve their trade problems amicably. "We do not get great pleasure out of seeing pain in other nations," US Council
    Reuter  -  240 words
  • 309 16 US businessmen toe the line and lose UPI AMERICAN business executives are so concerned about ambiguities in the law governing bribes to foreign officials that some have lost export contracts rather than risk the penalties. "With US firms meeting fierce competition in the international market place, we cannot afford to
    UPI  -  309 words
  • 391 16  -  By MARGARET THOMAS TELECOMS CHAIRMAN Frank Yung ends his 12-year stewardship of Singapore's telecommunications authority on Saturday, and will take up the reins of the Singapore Press Holdings group next Thursday, June 19. The Ministry of Communications and Information said yesterday
    391 words
  • 90 16 Reuter COMEX GOLD futures rallied to unchanged on buying by US and UK (Sealers yesterday morning after selling from commission houses leveled off at Tuesday's lows. In slow activity, gold for delivery in August was unchanged at U*****.20 an ounce following a quick retreat to Tuesday's low of
    Reuter  -  90 words
  • 62 16 Reuter WALL STREET stocks yesterday retreated in early trading, as transports weakened further on selling in airline issues. At the same time, bank stocks climbed, owing to the perception that the Mexico crisis had eased. The Dow Jones Industrial Average fell five points to 1831. Advances led
    Reuter  -  62 words
  • LATE FILE
    • 33 16 Reuter TAIWANESE Economic Minister Lee Ta-Hai left (or Seoul to seek Joint action against US attempts to freeze textile imports from Taiwan and South Korea, a ministry official said.
      Reuter  -  33 words
    • 60 16 AFP INDONESIAN president Suharto has urged a stateowned business group to step up trade with Eastern Europe, the newspaper Pelita reported yesterday. Mr Suharto, at a meeting last weekend with the Berdikari group of state-funded companies, asked company officials to pioneer barter trading in
      AFP  -  60 words
    • 34 16 Reuter INDIA plans to cut import duties on computers and electronic components to help stimulate the domestic electronic goods Industry, Finance Minister V P Singh said yesterday. Reuter
      Reuter  -  34 words
    • 51 16 AFP THAILAND'S Dew army commander-in-chief, General Chaovalit Yongchaiyuth, announced on Tuesday he had shut down a controversial army centre set up by his predecessor to monitor the July general elections. Gen Chaovalit said he ordered the centre closed because o( public suspicion about its purpose.
      AFP  -  51 words
    • 35 16 Reuter AT LEAST 80 people were killed and wounded yesterday when bombs planted by Tamil separatists exploded on two buses in Sri Lanka's eastern city of Trincomalee, a military spokesman said.
      Reuter  -  35 words
    • 40 16 AFP A WARSAW pact summit chaired by Soviet leader Mikhail Gorbachev ended in Budapest yesterday with a call for a reduction in arms and conventional forces ia Europe, sources close to the delegates said. AFP
      AFP  -  40 words
  • Page 16 Advertisements
    • 418 16 SING INVESTMENTS FINANCE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF MEETING TO ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sing Investments Finance Limited will be held at 24-25, South Canal Road, Singapore 0104, on Saturday,2B June 1986 at 11.00 a.m. for the following
      418 words
    • 9 16 WANTED USED IBM SYSTEM 38 Te1:*****55 Sa2j£lfc!*iEiM^ m.• (ftyeea
      9 words
  • Page 16 Miscellaneous
    • 28 16 \SMMJ3Q Outlook foe tody. Sfcowtn ovoc ifvtfol oroos in thf nK>rnino. wS* VMM MWM H* >*****1 lA Roinfoil in Mnnt i ROlfiTOtl TTNS HKHIIn Romy 6ay% Hies month
      28 words

  • SHIPPING TIMES
    • 497 17  -  By LINDA CHEE HIGH BUYING power in the United States has prompted American President Lines to make further improvements in capacity and transit times for its trans-Pacific service. To cope with the surge in cargo demand, the carrier will be introducing an extra fortnightly service to
      497 words
    • 242 17  -  By Kingsley Wood THE NEW Zealand-based Jebsen Line is to mount an independent service from Fuji to South-east Asian ports and Japan with two container ships, Jebsen Southland and Elbe, with a third available if cargo bookings warrant its use. They will
      242 words
    • 143 17 Bernama THAILAND HAS shown interest in buying hovercraft to be built by the Penang Shipbuilding Corporation (PSC), its financial and commercial director, Mr N Vamathevan, said. He said that work on the hovercraft, built under licence from British Hovercraft Limited (BHL), would begin after an
      Bernama  -  143 words
    • 130 17 UPI THE FIRST of seven tankers used for the world's first floating crude oil storage base off southwestern Japan was launched on Wednesday, its builders said. Mitsubishi Heavy Industries said the vessel with a storage capacity of 5.5 million barrels (880,000 kl) will be
      UPI  -  130 words
    • PORTSIDES
      • 57 17 Reuter THE AUSTRALIA to Europe Shipping Conference will raise its currency adjustment factor, CAF, to 11.40 per cent from 6.65 per cent, effective June 24. The new CAF applies to general and refrigerated cargo but not to commodities carried under special agreements, such as wool, the conference
        Reuter  -  57 words
    • 1345 18 QUIET CHARTERING is reported throughout the freight market on Tuesday with rates generally tending easier where changed, ship brokers said. The slightly lower level of $6 was paid for light grain from the Mississippi to Rotterdam for mid-July with charterers still seeking a July 1/5 vessel for similar
      1,345 words
    • 404 18  -  By Kingsley Wood AUSTRALIAN DREDGING companies and drill ship owners nave protested that overseas groups are being given port work and offshore contracts while dredges and rigs built in local yards are laid up around the coast. Dredge operators say that unless
      404 words
    • 292 18 Fairplay A NEW SHIPYARD at Punta Arenas on the southernmost tip of Chile is due to begin shiprepair operations in November. Called Astillero Esterecho de Magallanes Ltda, the new yard which is under construction is a joint venture between the Chilean
      Fairplay  -  292 words
    • 237 18 Reuter SPANISH fishermen blockading a French port in a dispute over fishing rights have vowed to pursue their protest despite warnings from Paris that it will not tolerate their action. French naval vessels patrolled the disputed area, off the Basque coastline on the border between
      Reuter  -  237 words
    • 229 18 THE CITY OF HAMBURG will spend DMI4O million on its infrastructure programme this year. A major project is the modernisation of the bascule bridge over the Rethe Elbe side-arm. Repairs to the structure will be combined with lifting measures, so that in future ships with
      229 words
    • 649 18 AB Shpg V 5 Accord Shpg VI 3 Ateo Line VI 3 Anro Service IV 3/4 AM 1 1/2 APC Line V 4 APL HI 2/3 ASCL IN 1 Batt-Conoda Line VII 4/5 Bolt-Orient Line VII 4/5 Bonk Line V 5 B8S N 4/5 Ben Lme Cont
      649 words
    • 393 18 Reuter JAPANESE SHIPBUILDERS which tendered to build two liquefied natural gas, LNG, carriers for Australia's north west shelf LNG project, are awaiting the final nomination, officials of companies involved said. "We have received no final decision on the tender (held in April)
      Reuter  -  393 words
    • 187 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • 373 19 UPI OFFICIALS OF Citibank and Amex Asia Ltd announced details on Tuesday of an agreement that assures the huge Wan Kwong shipping group of another 90 days to restructure almost US$l billion in debt. Citibank, owed an estimated US$l9.l million by
      UPI  -  373 words
    • 216 19 AFP THE INCIDENCE of attacks on ships docked in Sierra Leone's ports has tripled in the past three months, the general manager of Freetown's port authority said. British-born William Melling made the statement as the trial opened in Sierre Leone of five people accused
      AFP  -  216 words
    • 387 19 Lloyd's List SECONDHAND tankers built 12 years ago are now fetching almost double the prices obtained when they were sold earlier in their lives. Tankers of 80-150,000 dwt are in short supply and if one turns up "there needs to be a
      Lloyd's List  -  387 words
    • 192 19 Agencies DUTCH SALVAGE tugs were fighting to save a 343,000-tonne Liberian supertanker after it was struck by Iraqi missiles near Iran's Kharg Island oil terminal in the northeastern Gulf. A spokesman for the Smit Tac salvage firm in the Netherlands said that three tugs,
      Agencies  -  192 words
    • 285 19 Argentina May 20 Beunos Aires Waiting time up to 10 days. Australia May 20 Sydney 5 vessels operating; Melbourne Normal operation. Columbia May 20 Beunaventura Waiting time of 1 day. Bangladesh May 20 Chalna 10 vessels operating; Chittagong 20 vessels operating. Brazil May 20 Santos Normal operation. Cameroon
      285 words
    • 192 19 A FALL IN grain shipments had cut into the profits of Canadian ports. Port Canada, the federal agency which administers 15 Canadian ports, posted a profit of C 537.5 million in 1985, Cs6 million less compared with the previous year. Said chairman
      192 words
    • 531 20 June 2-7 Posidonia, international shipping exhibition and conference, Piraeus, Greece. June 3-5 Power Europe '86, power supply and conversion exhibition and conference, Rhein-Main Halle, Wiesbaden, West Germany. June 5-6 Third International Maritime Law Conference to be held in Vancouver, Canada at the Hotel Meriden. For more details contact:
      531 words
    • 5978 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      5,978 words
    • 700 25 S n RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location L Ajitha 13W 12.6.86 1600 NAPL F7 0700-0800 W3 Jenwel 22/86 12.6.86 2100 Thong Soon F1 0700-8000 W3 A Princess 242 12.6.86 2100 IAPL Fl
      700 words
    • 1698 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises fit Ltd Some (S) Al Shipping Bousteod Shpg Agencies Afeo Lme African Shpg Agencies (S) Ahrenkiel Lmtr Kim Shpg (S) Alfred C Toepfer Oceonus StwppmgAgen cies (Si Multiport Sdn Bhd (PK)
      1,698 words
    • 432 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Hock Ann K19 Samta alongside 12.6/1500 Straits Hope K24E SSPL alongside 12.6/2300 Banglor Uphor K36 Umpac 12.6/0030 18.6/2300 Jenhol K22 T Soon 12.6/0700 13.6/0700 Lupin KI6 Borneo 12.6/1700 13.6/2300 Roiah Brooke K25W SSPL 12.6/0600 13.6/2300 Thai Hong
      432 words
  • Page 17 Advertisements
    • 872 17 Concise Comprehensive Contemporary /l^ks^p s 2" -J gg OWbuled by PUBLICATIONS OOCL OvBQUS CmtaUm UNE jUntc Mtow SWtWG AGENCK (He* No 242K4/ OOK) 70 Shenlon Way #04-03. Manna House Su*apore 0207 Tel *****11 TELEX NO RS ***** CFS OfflCE TPC #***** Tel *****31 and *****32 Terminal office TPC #034)30 Tel
      872 words
    • 71 17 raiiDß AUSTRALIAN DREDGING companies and drill ship owners have protested that overseas groups are being given port work. Page II OFFICIALS OF Citibank and Amex announced details of an agreement that assures the Wah Kwong shipping group of another 90 days to restructure almost US$l billion in debt. cf,nb Page
      71 words
    • 1037 17 Available at all good bookshops PUBLICATIONS >/ THE HEART OF THE MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPQRE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS To California US Gulf US Atlantic East Canada LGB OAK HOU MIA NYC MON BAL I PHL I CHS 15-13/ C 70-20/6 2727/6
      1,037 words

  • Page 18 Advertisements
    • 429 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Pacific North Wast F««der at Kao Atlantic/Canada Faadar at Nagoya > i STRAITS FEEDER Pacific South Waat Faodor at Kao CTM l f i» IT7TM rfHTT HTM I'V "¥T~y lIV 1.1 '\I'BW FTM I'J imm EflW isim L7iM L'tIIUTIOB ECT (Dm (DTK FTTH FTIM WTSM FWHTTTMn/f
      429 words
    • 214 18 hi^;i Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA C. AMERICA F==fi 13 16 6 U 6 24 21/J 30 6 10 13 7 lt/7 25-21/7 l/» 23/7 24/7 U/l 22/1 23/1 7/» N/7 21/7 4/1 (/I 14/t IS/I 21/1 U/« 2S/I 2S/I J/» S/J 11/5 14/9 IJ/S 21/! Mm
      214 words

  • Page 19 Advertisements
    • 911 19 The Straits Steamship Group .y A Mansfield Container 1 Shipping PteLtd QC!L Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERS!* SERVICE TO UK CONTINENT BREMEN EXPRESS KOMLOON BAT KMC MMHJ OTT OF EDMURGH FRMKFUIT EXPRESS toko eipress KITMO MMHJ OSAKA MY nan eiwess KOW.OON
      911 words
    • 794 19 Franco Belgian Services ffa if I i~i t r.n< h >.T> ith !<«•/*,'i.in fir i-r- rn I »n.-» (MEMBER OF ACE CONSORTIUM) cowiMm stuwg to eatort OKNTH CWF KOKM Ma« fCPTUM CRTSTM. KOKM OMMZ STOK PJtfUWS It Ham rtm fy~* N«» It Iw (It iw) 7M I M IIM 12
      794 words

  • Page 20 Advertisements
    • 448 20 Hapag-Lloyd TO CONTINENT UK EXPORTS Inland hauiaf e to Mand destinations in Europe S*pw fK itinf Pmm( ItDMS Bbaa Genu Hbn{ Rdam Bhiwn Awarp MMNGEI IEMB 23/S 25/ C 20/7 24/7 27/7 m route 2/7 4/7 «/s 29/7 2/« k MUBARAK UN J/7 U/7 13/7 7/» 23/1 l</« 19/1 12/1
      448 words
    • 95 20 HG.Slinf *Xum. FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member of the Ace Conswtium <nJIUILIf EROM EUROPE VIA SUEZ Member of the Ace Consortium KOKJW CHANCE 2ft StWTM SEAS M ME 25/6 30 6 2/7 7/7 9/7 14/7 16/7 21/7 TUIIV CONTAIN!RISED 10 FROM NORTH AMERICA WEST COAST ft*/MOHO KSSEL
      95 words
    • 614 20 M Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I \SI I RN C AR I INI R I I I). SPECIALIST IN RO-RO HEAVY LIFTS SERVICES llMiTflirciil FROM JAPAN Veud S pore P KH»t Kucha* PRMCE MMtU Mo I Vi SaM In
      614 words
    • 535 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 ACCEPTMG La/Fa ft Fa/Fa TO: GOTHEWK UMB. COPEMIAGEJI. oao. STOCKHOLM ICLSMtL HOE* MOC»«KJI MA I LOMKM SOUTHMTTON MANCIESTER —110 LIVERPOOL GLASGOW VM FEUXSTONE AMSTERDAM VM ROTTERDAM US WEST COAST rao m ever anet no grace HID LIMNS
      535 words
    • 218 20 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES fcppw Ltadtai tar R 25/6 B Abbas KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKetanc LoaAif fw: Kyowa Cosmos h Port Jayapira, Lae, PJHoresby, Honiara. Kieta, Rabat*, Noumea 0. Queen 2t/6 Lae. Rabual,
      218 words

  • Page 21 Advertisements
    • 712 21 PACIFIC INTERNATIONAL LINES \rW\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK SEA VICTORY KOTA SING A SEA HAWK SEA VICTORY I SEA HAWK JAK ART A/PANJANG/PALEMBANG SIN JKT PM PLB Sld U/S IS/6 17/S 19/6 17/S IS/S
      712 words
    • 767 21 BEN LINE CONTAINERS EXPRESS COHTWO SERVICE TO UK/CONTMENT EXPRESS COHTWO SERVICE FROM UK/COHTHENT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE WL NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GURCA AND SOUTH PACFIC TOIUO EXPRESS/IBSENIMPEI 75 □D oh m 5 I Hz; Hk t tat
      767 words
    • 482 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESURI LLOY» P.T. SAHUDERA INDONESIA P.T. TRHCORA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S pof f 0^ MATMMT Vl5-HB 23 25/8 20/7 PALEMBANG' WNB 28-30/8 Man/Mm HamfeMrt/Braman 23/7 26/7 5/« HI vrm. HMO HMD UM/ttHRT MMM/TDM KMC SBMMTI
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    • 403 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR HTONEYNA mm •ICAM mow rNbnH V77n •BASSO) V7I MAN W7W •OBdHrn, (My V* NORTMOUND TO UKC CLYDEBANK VI7N IVYBANK VI6N FORTHBANK VI6N TAUSALA SAMOA ¥7 MORAY V.IN (Burmese National Line) Loadnf for Rangoon Spore P J(eian( Pens* Banket h n/13 km 11/14 Jm a/21
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  • Page 22 Advertisements
    • 1276 22 •j IV LINE —KAWASAKI KISEN KAISHA. LTD. ECU ADM/PERU/CHILE FEEDER VSI MOTHER VSI STORE PKLG PNG STORE KOBE GUAYAQUL CULM) MARIA VII AMAIIA W1204 10 km 11 Jun 12 Jun 14 km I M 5 Aut IQUQUE 12 Auf AFAGASTA S ANTONO VALPARAISO 14 »u t 19 hl| KM ALSO
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    • 816 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* PAelang I liner Vessel CAIABAR V? 6 22 lun ESTECtIPPER V 5 7 Jul CAIABAR V2l 26 hil RAMOAS V 23 13 lun ?8 Inn 8 lul CHANOCAS V? 0 21 kin 17 W 70 M (W Udßra 18 twl Adel/Btis RAVDAS V
      816 words
    • 524 22 GOLDEN LINE GUAN GUAN SWUNG (PIE) LTD v 23. IcM Aver Street SMGAPO9E 0104 Itt 534 MSI (II LMES) STRAITS/PERSIAN GULF SERVICE: Pw GOUXM CUT Colombo Karachi Muscat Duba< 22/23 Mm GOLDEN WOMtt Colombo Karachi Dubai Doha 1/9 Mr CHINA OCEAN SHPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA SFM-COMT
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    • 554 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 (1 0 Lines) <► BREAKBULK SERVICE TB EUROPE/UK fISTIS *****12 ALPHA FAUN 88K909 S'pore P. Kdant SaM ki Part 22/1 ROT/ANT/UK (AVON)/ BELFAST SETE/ROT/ANT/ UK(AVON MTMSU (Pit) LTD BOOMS 224CSU BMTANE SHPfRK CO SO* BHD
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  • Page 23 Advertisements
    • 906 23 SLNOL NEPTUNE ORIENT LINES LTD Atenh Spore NEPTUNE AGENCIS PTE LTD "i l USI J22S lel No office lenmul CfS BOOKBKS *****77 *****77 *****22 *****53 0* OKCI IKS *****19 ***** I HARPER MM SOW BHD 2*loo P Ketanf HARPER MRA SOW BHD *****1 3U2<I f la T a HARPER MRA
      906 words
    • 338 23 HEUNG-A SHIPPING Korean Flag Vessels DON AM SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON No I Dnan/HMN No 7 Doim/HM Ng taun/HW No i Omwi/MCN No t Dawn/MM No 7 Donan 604N lb 9 Dmmi/MM SPi#l AUNIS Nf Pll INI AGINCKS Pit lID lei 2/899/7 ?78S4(Bookirjsl ???/*»10 ??1?0??
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    • 518 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. M«fcet Street Singapore 0104 Tel: *****33 (15 Lines) TemMui Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARK*! NAH SOON SOU BM> IST ANO 2ND FLOOR MESSRS HAJ THONG SHPPWG
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    • 64 23 Meishin VI L//VE KOK MMU *101* Sated Sated EASTERN GLORY 12A Sated 15/« SUN HOPE V.2A l«/« 21/* General survey for mv. Kobe Mam V.IOIA wfl be held on 16.6.86 at Gdn. PI from 0900 1200 hrs. There wfl be no further survey after this date. SHBUSAWA MEtSHM H.T.Y. TPTM
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  • Page 24 Advertisements
    • 326 24 ffffjl regional container lines TO BANGKOK (5 WEEKLY SAILINGS) TO SOUTH THAILAND MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTItGHTLY TO BELAWAN Abo accepti* LCL (transhipment and local) for PK/PNG in BENGAL BAY CONTAINER EEEDER WEEKLY TO CALCUTTA/CHALNA/CHITTAGONG Acctphnf Reeler contMWrs AGENTS PORT KELANG FARYS MARITIME SERVICESSON. BHD.
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  • Page 24 Miscellaneous
    • 184 24 Regional Weather 1 x 1 V* m i Vf '1 a 2 'V' 1 I k-cs J «T> M r£ > V s I IC SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. f? TL Temperature c /V\ Thunderstorm Weather V w,nd direction with speed .n knots Shower
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  • Page 25 Advertisements
    • 75 25 FAR EAST/EUROPE CONTAINER SERVICE ii .1 ■miff iimnMnrMnMi rvinriiTTTTi n»i;nTm nBPTTMITTMM n f «miiiM 11 n './.'.'-Tfnf ALSO ACCETTMG FOR: AMTfOr, L HARtt. UK. no. COKMMGEM, OSLO ALSO ACCEPTM FMM EUROPE: RIM. HUM. GOT. IK. HKVK», OSLO. OH AARMUS ALSO ACCEPTM MTERMEDMTE CARGO TO IKG. JPN ft KOREA IP. KELANG
      75 words
    • 179 25 'NfTFPNATIONAI TFS ivocc INE COLUMBUS LINE REEDEREI GMBH A SERVO .OF HAMBURG SIJP I EXPRESS SEMI CONTAINFR SERVICE 10 HULL (UJC.) 14/7 7/1 12/S 31/1 STORE 17 6 4/7 16/7 31/7 ROM/ADAM 11/7 31/7 S/I 25/8 HBfa 17/7 3/1 13/8 28/8 IVYBANK VISN FORTH BANK Vl6 TAUSALA SAMOA V 7
      179 words
    • 105 25 Scan Dutch V TO RED SEA-MEDITERRANEAN VESSEL SINGAPORE JEDOAH TO HONG KONG-TAIWAN-JAPAN-CHINA* FEEDER VESSEL PENANG P. KELANG SINGAPORE HONG KONG B PMW/21S *w*«/225 Ma*/235 t MR/245 FROM EUROPE VESSEL 1) G'BURG 2) H BURG 3) B H4WEN 4) R'DAM N Hataa/245 J 2J/5 31/5 WM/2S 7/4 N wt FROM JAPAN-TAIWAN-HONG
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  • Page 26 Advertisements
    • 245 26 f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37, Som»r»»l Road #06-01, Ng T*ow YhM Bldg S pore 0923 Tal 235 6444 (4 linns) Poet Kelanj Tig a Pma Stuppmj Sdn Bhd Tel 03 3890.M 5 Penary Malaysia Trade Transport ltd Tel 04 *****3 Pas* Guflanj Malaysian
      245 words
    • 343 26 29 XL: w MitstrfOS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO t FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY. FRIDAY ADVERTISEMENT. EAST AFRICA APOLLO PEAK MORNING GRACE GLORIA PEAK WEST AFRICA HIMALAYA MARU ALTAI MARU Rniks: Subject Inducement. NEDLLOYD COLOMBO OSAKA MARU HAYAKAWA MARU S.A. VAAL 26 Jim Port Louis, Reunion 17
      343 words