The Business Times, 16 June 1986
1986-06-16
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The Business Times
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Title Section12 1986-06-16 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, JUNE 1«, 198« 75 CENTS12 words
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541 1986-06-16 1 ZHOU MEI - Trade Development Board given more powers By ZHOU MEI Economics Correspondent MORE TEETH have been given to the Trade Development Board to ensure that "militarily-sensi-tive" goods imported into Singapore do not slip out of the Republic into "undesirable" hands. The teeth are found in the541 words
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Article, Illustration494 1986-06-16 1 ALVIN TAY - By ALVIN TAY THE INSURANCE Commissioner has urged life assurance companies to take measures to reverse the rising forfeiture rate, which worsened sharply from 26 per cent in 1963 to a high of 41 per cent last year. "This should be of concernSource: Annual Report of the Insurance Commissioner 1985 - 494 words
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190 1986-06-16 1 UPI THE REAGAN administration had quietly concluded agreements that clear the way for Saudi Arabia to take possession of the first of five radar surveillance planes later this month, the New York Times said yesterday. Administration officials said President Reagan would send CongressUPI - 190 words
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454 1986-06-16 1 Reuter A CHINESE CONCERN has signed a contract to launch two US-built communications satellites into space. Henry Schwartz, the chairman of Teresat Inc, said on Saturday that his company had signed a launch reservation contract in Beijing with the China Great WallReuter - 454 words
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Article58 1986-06-16 1 Reuter JAPANESE Prime Minister Yasuhiro Nakasone's Liberal Democratic Party is likely to win the July 6 general election with a comfortable majority. A survey by Japan's Kyodo News Service on Saturday indicated that the LDP would win more than 257 seats for a simpleReuter - 58 words
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101 1986-06-16 1 AFP A CONSORTIUM of about 30 Indonesian private companies will be set up soon to intensify trade with Eastern Europe. The Indonesian Chamber of Commerce and Industry (Kadin) chairman, Sukamdani Gitosarjono, said yesterday that the consortium would improve Indonesia's ability to meetAFP - 101 words
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524 1986-06-16 1 HOMER CHEN - By HOMER CHEN REMISIERS from EG Tan, a stockbroking firm which collapsed in the wake of the PanElectric Industries crisis, are renewing their efforts to recover their deposits from the stockbroking firm. Back in April, the remisiers had failed to obtain a court524 words
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Page 1 Advertisements
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Advertisement233 1986-06-16 1 For a better rate on your Call Deposit W\VH)O\(, 737-7977 Mr) Wkyfoong Mortgage And Finance (S) Ltd a wholly-owned subsidiary' of Hongkongßank 6 Claymore Hill #03-01). Claymore Plaza. Singapore (W22 SVENSON ANSWERS YOUR QUESTIONS ABOUT HAIR full facts for the asking. From tomorrow it's open house at. Svenson Hair Center,233 words
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Advertisement290 1986-06-16 1 •ana aara MARIO MAYA's Gypsy Flamenco Theatre had triumphed. And, says ASAD LATIF in his review of its performance, one has merely to watch Mario Maya to know why the word "gypsy" is synonymous with freedom. Page 9 f kbilb MARKET REVIEWS MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV290 words
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Advertisement202 1986-06-16 1 August 26-29.1986 World Trade Centre, Singapore Organised by CBS The Exhfcrton People Lawyers take stock IN THEIR SEARCH for more business to ride out the recession, some Singapore lawyers are thinking of going into areas which hitherto have been the enclaves of their foreign counterparts. This would blur the division202 words
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MANAGEMENT
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Article, Illustration1127 1986-06-16 2 MARTIN SOONG - By MARTIN SOONG THE BROTHERS TAN, KH and CS, are modern towkays. The pair preside over a modest fami-ly-owned-and-run business bearing the first characters of their Chinese first names. There is Dow Jones, Levi Strauss and McDonnell Douglas in the US. In Singapore, KH and1,127 words
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515 1986-06-16 2 IT'S A JUNGLE out there with corporate headhunters and executives who know the ropes. So it is no wonder that anthropologists who used to study tribal life are flocking to study the culture of the workplace. "Any organisation has a culture and a corporation515 words
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Article452 1986-06-16 2 TSANG SAU YIN - By TSANG SAU YIN Management Correspondent INFLATION creeps into every aspect of modern life and is not confined to merely the economic aspect. There is now a phenomenon called "resume inflation", a term used by executive search firm Ward Howell International Inc. Defined as "intentionally452 words
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Article, Illustration1052 1986-06-16 3 TSANG SAU YIN - By TSANG SAU YIN Management Correspondent SINGAPORE COMPANIES must improve their management skills and overall business efficiency. The NUS should consider expanding the enrolment of the full-time MBA programme which was introduced in October 1965. So says an extract from the Report of1,052 words
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895 1986-06-16 3 LEE HAN SHIH - Biotech the promise versus the reality Compiled by LEE HAN SHIH GENETECH, the biggest biotechnology company in the US, is riding high. Two weeks ago, US biotechnology shares rose sharply following news that the Food and Drug Administration (FDA) had granted permission for the use of alpha interferon to treat895 words
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Article57 1986-06-16 3 THE US home computer market is expected to buy 3.8 million computers, with a combined value of US$4.6 billion this year, against 3.1 million computers worth US$3.B billion in 1985. Market researcher Future Computing says that demand for more sophisticated machines has pushed the average57 words
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Article47 1986-06-16 3 DIVORCED women may be more susceptible to illnesses than married women because their immune systems are weaker, say researchers from Ohio State University. A second study shows that the immune systems of humans may be altered by stressful events such as the break-up of a marriage.47 words
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Article106 1986-06-16 3 WOMEN have higher voices (soprano, mezzo, alto) than men (tenor, baritone, bass) because their vocal cords are shorter, lighter and less muscular. Dr Peter Alberti of the department of otolaryngology at the University of Toronto says the fundamental frequency of the voice is largely determined by the length106 words
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Page 2 Advertisements
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Advertisement463 1986-06-16 2 Export to the USA the 'no-risk' way If you're in the l| textile, clothing, foot- I ra^r§] wear, woodworking or 1 Ml(|-|| RK] electronics businesses,! Iml I I KJJ DBS Finance has good I In II news for you. I [Ij [IJ[l|[ We can take the I risk—and the waiting—out463 words
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Advertisement71 1986-06-16 2 < at' ■'i p hf v iai&K&a Welcome Aboard AEROFLOT s Fast—Economical Flights To DELHI Weekly Mondays Wednesdays MOSCOW NONSTOP All Capitals of EUROPE Weekly Mondays, Wednesdays Fridays For more details, contact our travel agents or AEROFLOT *ssar N Stn>i*t airlines 55 Market Street. #01-00. Sinsov Building, Singapore 0104, Tefc71 words
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Page 3 Advertisements
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Advertisement83 1986-06-16 3 VOKO The Universal Office System V A Office furniture needs to be planned according to individual requirements, specific work processes and economic considerations. With the VOKO-programmes a solution can be found for every office. So that office work will be effective and results improved. mm VOKO FRANZ VOGT OFFICE FURNITURE83 words
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Advertisement221 1986-06-16 3 I-"-. ■i- <■* Hongkong Bank opens the door to business opportunities in China. I longkongßank's China Desk n help vou make inroads into China. Our special ties and I asiness connections with tha country are more than ;i centur o> J. And. i?i more recent time? we've assisted in the221 words
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ASIA-PACIFIC
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508 1986-06-16 4 AP US COMMERCIAL OFFICERS concerned about deficiencies in China's investment climate have proposed a model joint venture company to show how problems with bureaucracy, underproductive labour, and foreign exchange could be overcome. In a series of reports prepared last month on doing businessAP - 508 words
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156 1986-06-16 4 AFP INDIAN Prime Minister Rajiv Gandhi has launched a huge operation to clean up the Ganges, one of India's most important rivers but recently also one of its most polluted. The Press Trust of India said Mr Gandhi launched the 2,930 million rupee (US$244 million)AFP - 156 words
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164 1986-06-16 4 AP MORE THAN 10,000 foreign experts worked in China last year, and the government plans to increase the number over the next five years. The China Daily said on Saturday that most foreign experts in China are teachers, technical and managerial experts and specialistsAP - 164 words
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Article, Illustration71 1986-06-16 4 WITH ELECTIONS of both hoiuw of the Japanese Diet about three weeks away, the demand of "good lack" dolls Is on the increase. Makers many of them farmers in Takasakl City, M km north of Tokyo, are bnsy -"""g armless, legless dolls. Weald-be candidates71 words
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183 1986-06-16 4 AFP TAIWAN and South Korea have agreed to make joint efforts to cope with their trade deficit with Japan and strengthen bilateral economic cooperation, a joint statement issued in Seoul said. The two sides also agreed during a five-day annual economic ministers' meetingAFP - 183 words
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Article146 1986-06-16 4 Reuter BUILDINGS of the future may bounce their way safely through major earthquakes, says a Japanese company which claims it has developed a shock-absorbing rubber for use in construction. Bridgestone Corporation says its rubber can help buildings survive the strongest earthquakes by absorbing upReuter - 146 words
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Article, Illustration320 1986-06-16 4 AP THE PHILIPPINES registered a surplus of US$3l3 million in its balance of payments during the first three months of this year, nearly double that of a year ago, according to a central bank report published on Saturday. Bank governor Jose Fernandez attributed the surplusAP - 320 words
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Article293 1986-06-16 4 AFP THE PHILIPPINE government plans to launch five programmes to ease the plight of an estimated four million jobless or underemployed people. A presidential palace statement on Saturday cited official figures of 12 per cent unemployment and 8 per cent underemployment as of January, theAFP - 293 words
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364 1986-06-16 4 AP JAPANESE exports of factories in the current fiscal year will drop sharply because the Japanese yen's rapid rise against the US dollar has made Japanese offers less competitive. This forecast was made after the Japanese Ministry of International Trade and Industry (Miti)AP - 364 words
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111 1986-06-16 4 Reuter JAPAN and the US have failed to reach agreement on a new bilateral accord to curtail Japanese textile shipments. The Japanese Ministry of International Trade and Industry (Miti) said on Saturday that the officials of the two governments failed to narrow their difference afterReuter - 111 words
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Article780 1986-06-16 4 ARRIVALS Operator Servic* Local From number tim* SIA SQ117 0005 KUL UA UA805 0010 JFK/SFO/HKG SIA SQ4I 0615 MAA MAS MH601 0720 KUL MAS MH681 0820 KUL SIA SQ45 MH8II 0850 MRU MAS 0910 PEN MAS MH67I 0920 KUL SIA SQ103 0950 KUL CPA CX710 1015 CGK780 words
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Page 4 Advertisements
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Advertisement230 1986-06-16 4 The Personal Planner that should be in your pocket. Over a million users worldwide have found the Seven Star Planner ideal for planning and organising, in business or purely on a personal level. Systematic in approach, the Seven Star Planner offers a choice of over 30 different formats; only a230 words
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Advertisement43 1986-06-16 4 I 3 /I I 3 Every Tuesday, Thursday, Saturday II I |V-\| and Sunday. Leaving Changi Airport I JL V -Li—JL \J_ at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA43 words
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Page 4 Miscellaneous
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Miscellaneous54 1986-06-16 4 Doonesbury BY GARRY TRUDEAU iPONTGerrr, roots, mi ZONK. A/HYON BEING FROM 6ARJH l/UOULD CALIFORNIA, ioumnA tvenever TTTL5 HAD ANY/ m SS BUT ARISTOCRATS AFB DIFFERENT FROM YOUANV ME. Z. THEY'RE STUFF/, seLF&msFeypßE OUR VOLUNTEERS ARE MAYING TUB PHONES! OUR IHSARBSTIU. OPG4! TO MAKE A PLEDGE. CALL •SAVE THE 60MTAT(202)W-4507! ggaa54 words
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Page 5 Advertisements
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Advertisement361 1986-06-16 5 THE OLIVETTI COMMITMENT As PROVIDER of computing solutions to business, management, educational and productivity problems, we build expandability and compatibility into all our computers so that they will successfully provide the answers you need TODAY; and continue to do so in the future. However much you grow. l»T zJ sf361 words
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REST OF THE WORLD
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561 1986-06-16 6 Reuter THE UNEXPECTEDLY sharp 0.6 per cent drop in US industrial production in May is another sign of second-quarter economic weakness that may spur the Federal Reserve to cut interest rates further, economists have said. "While the Fed probablyReuter - 561 words
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Article, Illustration290 1986-06-16 6 NYT PRESIDENT REAGAN is very upset over his performance at a nationally broadcast news conference on Wednesday, when he misunderstood two questions. The problem, according to a White House official, was Mr Reagan's intention to select reporters whom he usually ignoresNYT - 290 words
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242 1986-06-16 6 Reuter BRITAIN'S inflation rate fell to 2.8 per cent in May, the lowest level for more than 18 years, thanks to a drop in the price of petrol, according to the latest government statistics. The May figure, the fifth monthly fallReuter - 242 words
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395 1986-06-16 6 UPI THE AMERICAN Medical Association (AMA) feels that too many foreign-educated doctors are entering the US market and are helping to drive down the amount of money doctors make. But, according to The New York Times, some professionals have said that the growthUPI - 395 words
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Article, Illustration520 1986-06-16 6 Reuter PORSCHE, renowned for its highperformance sports cars, is taking to the skies with a new product an airplane engine. The move, a departure from Porsche's main line of business, reflects a growing trend among car makers of becoming involved in aviationReuter - 520 words
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187 1986-06-16 6 Reuter THE US Securities and Exchange Commission (SEC) will soon bring major charges against several corporations. "We're soon going to be bringing a number of very significant corporate cases," Gary Lynch, the agency's enforcement chief, said last week. Mr Lynch declined toReuter - 187 words
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Article156 1986-06-16 6 Reuter THE CANADIAN Restrictive Trade Practices Commission has ruled that the country's oil companies did not overcharge consumers of about Csl2 billion as previously claimed. "There was no proof placed before the commission that Canadian petroleum companies overcharged consumers by Csl2 billion or that, indeed, anyReuter - 156 words
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514 1986-06-16 6 AP AMERICAN industry is learning to deal with the threat of competitors, both domestic and foreign, by going back to the basics. According to a survey of 125 of America's leading companies, senior executives are concentrating on improving the fundamentals of theirAP - 514 words
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Article146 1986-06-16 6 Reuter AMERICANS who keep guns in their homes are 37 times more likely to use them to commit suicide than fen: protection. Two doctors concluded after studying nearly 400 gunshot deaths that "for every time a gun in the home was involved inReuter - 146 words
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Article223 1986-06-16 6 AP NEW YORK'S tourist industry has set out to teach its front-line employees how to give clear instructions and help to visitors trying to cope with life in the busy Big Apple. "Have you ever asked a native New Yorker for subway directions?"AP - 223 words
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Page 6 Advertisements
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Advertisement152 1986-06-16 6 Look for a total sophisticated CARD PACKAGE THE CARD RELATED EQUIPMENT SPECIALIST Saves Time, Cost Manpower Improves Security Productivity mrnrnm-* CiMft TIME RECORDING TERMINAL One-step data processing for payroll attendance control rJ* DATA ENTRY TERMINAL DT 550 In house credit CARD ENCODER EN 100/ EN 1000 Magnetic strip card encodes152 words
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Advertisement113 1986-06-16 6 J&j£ COLOUR LAB The Professional Service Lab E6 PROCESSING: EM.iehromo Fijiir.hrornf icr «i' .it m.iin l;ih JUNE SPECIAL! Poster prints (20 30 t 'rom your frt'.our *>*. 35 mm tv ;at<vo or slide onl v Usual S3*= 00 Special $20 00 (OH« j r .alid until3o 6 8»--COLOUR ENLARGEMENT SERVICE113 words
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SPORTS
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548 1986-06-16 7 UPI IN SPITE OF a bogey on the final hole on Saturday that cost him a share of the lead, Lee Trevino has commanded a fine position to capture his third US Open title. Trevino's third-round one-un-der par 69UPI - 548 words
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Article, Illustration486 1986-06-16 7 Reuter ACTION at the World Cup returned to the stadiums this morning after disciplinary action by the game's governing body again concentrated attention on South American conduct yesterday. The second round of the world's largest sporting event kicked off at 2am at the sameReuter - 486 words
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269 1986-06-16 7 Reuter TALL AMERICAN Tim Mayotte continued his giant-killing through the London Grass Court Tennis Championships on Saturday, beating Sweden's third-seeded Stefan Ed berg 7-6 6-1 to earn a final appointment with Jimmy Connors. In 24 hours, Mayotte, 25, has beaten the WimbledonReuter - 269 words
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669 1986-06-16 7 WALTON MORAIS - By WALTON MORAIS SAMSON GIMSON overcame a triple-bogey seven at the ninth hole to win his first title of the season at the Jurong Open golf championship yesterday. The Sentosa Premier League stalwart carded a four-over-par 76 to win the Overall669 words
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Page 7 Advertisements
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Advertisement7 1986-06-16 7 WORLDW/DECOURIER Changing the way the world works.7 words
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Advertisement312 1986-06-16 7 JL liv IICW JuftJuUli A. is hardware and software compatible with the IBM® PC. Option cards or peripherals built for the IBM® will slot into this new Epson. Epson PC runs on the 80 CBB microprocessor. It can be fitted with two 360K8 FDD or one FDD and an internal312 words
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FEATURES
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1875 1986-06-16 8 ELAINE KOH - Some of Singapore's lawyers are taking a second look at the status quo in their search for new business. This has led to talks of mergers and joint ventures with the foreign firms, which up till now, have been operating in1,875 words
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462 1986-06-16 8 Letters to the Editor Dear Sir, The Houston Ballet was every bit as delightful as your reviewer said, and the Kallang Theatre was surprisingly well renovated. Another surprise was the well-mannered audience. This was the first time I have attended a performance at which parents462 words
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230 1986-06-16 8 Frank Murphy - Gas carrier Singaporeans have the competence Frank Murphy Dear Sir, We were interested to read your article in BT on June 11 headlined "Shipping course to offer gas tanker expertise". However, for the record, may we correct the impression that so far no Singaporean crew has the competence to perform230 words
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Page 8 Advertisements
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Advertisement119 1986-06-16 8 I I provides the information needed by all bankers, investors, forex traders money gold& 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 and119 words
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Page 8 Miscellaneous
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Miscellaneous667 1986-06-16 8 BriStCNT: Fiai&liLcfcerS WGCe IS Tue KOOGH DRptfT OF VA3RDiNG, To GO ON THE. J T»CkfeTS FqR P»NP <•> pvn>/ conroe^Ts... |DeieT£ "tue LING 'u>e fronts Wou FN GOOD Tirne 1 jf*i *1 c VJ 1 TO LPvSTU feARS ireiJiiwiJHDiaa CRYPTIC PUZZLE ACROSS 1 May be said to include victory in667 words
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THE ARTS
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Article, Illustration744 1986-06-16 9 ASAD LATIF - SINGAPORE FESTIVAL OF ARTS 1986 By ASAD LATIF TO KNOW WHY the word "gypsy" is synonymous with freedom, one has merely to watch Mario Maya. He and his Gypsy Flamenco Theatre revel in a vibrance of form that is the poetic equivalent of a psychological release,744 words
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513 1986-06-16 9 MARIE DAVID - By MARIE DAVID TELEVISION has been filled with World Cup football and will be so for another two weeks. Staying awake through the wee hours of the morning must have been taking its toll on some viewers. I have heard tales of red-eyed fans staggering around513 words
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Article358 1986-06-16 9 TSANG BAU YIN - By TSANG BAU YIN WRITERS' WEEK a week devoted to readings from the poems and prose works of 34 writers, local and foreign and all distinguished in their own literary area. This is the first time that the Singapore Arts Festival has included literary358 words
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Page 9 Advertisements
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Advertisement91 1986-06-16 9 V<V ,be ,t£ S«P P f' t c C* :kW il 7^nV\ V e t INTERNATIONAL FURNITURE FAIR IN PARIS ■V "J? .v--m wa is r p•' I EHHfriim |i mi WMr^jPfg'^ LA Sf MAINE MONDIAL EDE I'EOUiPf MFNT JETDt IA DECORATION DANS IA MAJSON Mt ii PERSPECTIVES *tfnt PORTE91 words
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Page 9 Miscellaneous
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Miscellaneous1189 1986-06-16 9 to sm mm THE BLACK TOWER 8.30pm, Channel 12 Combing the area near the Tower, Dalgliesh finds a discarded robe and takes it to the local police station. He learns later that Father Baddely had seen someone on the cliff shortly before Victor fell over. Information received from Scotland Yard,1,189 words
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INTERNATIONAL STOCKS
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255 1986-06-16 10 FT THE CHAIRMAN of the state-owned Development Banks of the Philippines {DBP), Jesus Estanislao, Mb confirmed reports that it Is entertaining bids for {Ut majority holdings in Maricalum Mining Corp from three prospective local buyers, but it intends to get Japan's Marubeni CorpFT - 255 words
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199 1986-06-16 10 AFP JAPANESE construction giant Kumagai Gumi is not afraid to gamble heavily in thfe Australian market, taking risks others would consider too great. According to managing director Tony Mitani in Sydney, the gambles range fn*n sure bets, in the case ot'its four casino projects, torAFP - 199 words
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332 1986-06-16 10 Reuter THE WALL STREET stock market closed sharply higher on Friday in moderately active trading, repairing most of the damage from last Monday's spectacular decline. "I think it surprised a lot of people," said George Pirrone of Dreyfus Corp. The Dow Jones IndustrialReuter - 332 words
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Article134 1986-06-16 10 JUNE 13 AbMbi C$ 25 Imp 04 lrtco_ kit Pro* Pip® lu Intl 39* 19* 44 21* unch 44* Karr Add 16 15* 12* Bank Mont Bank Nova Scotia 32* 15* 37* unch Maury F«rg Mc BkxM 4* 35* 28* unch 4-1* Bp RMOtrcn 29* 25* unch Moot* Cp134 words
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Article214 1986-06-16 10 JUNE 13 M Trust Bk 127 60 unch MOUSTVIAU WooMnj 1200 -50 A Alpho Abarcom Aw 950 215 1050 unch -10 MMNGS 4400 -100 Amaprop AMIC 415 4025 -5 -75 Angvoal ***** 1850 -175 Barlow* 1715 -30 Buff th 8300 unch C G Smith 2600 -25 Charter 1630 mch214 words
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Article677 1986-06-16 10 JUNC 13 uss Alcon Alwnn Alcoo AJUg bid AM Sig Akad Storn Afcs-Chatmar» Am Brandt Inc Am Can Co Am Cyanarmd Am Elac Pwr Am Enprns Am Homa Prod Am Motors Cp Am Tal Tal Amo» Inc Amarodo Has* Amoco Corp Amr Corp Annco Inc Asarco bic All677 words
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Article792 1986-06-16 10 Amsterdam JUNE 19 Fh abn 575.00 -I Aagon 111.00 inch Ahotd 87.70 02 AJtn 170 30 +0.9 AJrarifo 151.70 +0.1 AMEV 80 50 -08 Amro Bui*. 106 50 -1 AM Stod ***** +0.6 BarVat 38 00 +28 Bonunij 843.00 -2 Buahrman Tafi Mroda... 180.00 unch CiAn ***** *5792 words
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Article35 1986-06-16 10 AFP YUASA BATTERY Co of Japan has announced plant to market Chineaemade car batteries in the Middle East as part of its effort to cope with the yen's sharp rise. AFPAFP - 35 words
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Page 10 Advertisements
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Advertisement514 1986-06-16 10 <2 41 Mm wim. Mm Wk Happy Hour at the Treetops Bar Barons Tavern V-/' r v \V H mr l. Where you can enjoy a £50% discount on all beverages from spm to Bpm at the Treetops Bar A spm to 7pm at the Baron's Tivern daily. Offer is514 words
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Advertisement108 1986-06-16 10 ft t nfiLh n|m n ri r a a oiOCKfiOim pnctl win unavaflabto London TtiMrfrf on Pago 14 The Let VTB Wizard cast a spell Direct from the glamour spo Philippines, they will encham ft ®fWCEipTEL Managed by Prince KoHs Japan Continuing the Prince Hotels tradition of friendly service 270108 words
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RAW MATERIALS
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Article26 1986-06-16 11 KL TIN Dot* Closing prices M$/kg Turnover (tonnes) June 9 Closed June 10 Closed June 11 14.11 87 June 12 14.11 99 June 13 14.20 7526 words
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Article146 1986-06-16 11 Chinese Produce Robusta 20/25% Exchange FOB NSW 470.00 Setters' noon doting prices on Nutmeg June 14 (SJ/100 kg) 110 FOB NSW 1355 00 Coconut oil Bulk FOB 48 00 BWP FOB NSW Gombier 1256 00 CXd drum FOB 61.00 FOB NSW 330.00 New drum FOB 6500 London Commodity146 words
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Article186 1986-06-16 11 WHEAT FUTURES on the Chicago Board of Trade closed 4V4 cents to V* US cent per bushel lower last Friday, with July well supported at the low end of a 2Vi-cent range. July settled at USS2.4SV«. Prices eased at the opening on persistent fears in the trade that Agriculture186 words
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Article340 1986-06-16 11 Holiday, Cutler, Bath A Co TURNOVER and trading conditions for the past two weeks were affected by the various festive holidays. In Malaysia, the market closed mid-week for the King's Birthday celebration, which was followed by the closure of both markets from Friday till Tuesday for the Hari RayaHoliday, Cutler, Bath A Co - 340 words
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Article617 1986-06-16 11 COFFEE Lack of confirmation of earlier market rumours of renewed seismic activity in Colombia's Nevado Del Ruiz volcano weighed on New York futures towards the end of last Friday's afternoon and pushed robusta here down towards the day's lows. The market closed with pared gains from Thursday of617 words
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Article191 1986-06-16 11 SOYBEAN FUTURES on the Chicago Board of Trade closed on or near last Friday's lows, down four to six US cents per bushel. July settled at US$5.27 3 4 after posting a 4'/2-cent range on the day. A further decline in the crush rate and the outlook for continued191 words
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928 1986-06-16 11 AFP THE SOUTH AFRICAN government's decision to impose a state of emergency took platinum prices to their highest level in three years last week. But South Africa's lesser importance as a gold producer limited the yellow metal's rise to its best in three months, underAFP - 928 words
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Page 11 Advertisements
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Advertisement589 1986-06-16 11 wlm 9 Mm Variety. With Quality. Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money. Only $14++ per adult and $B++ per child for a delightful meal. Or select your favourite dishes from our a la carte menu. •mnn COFFEE HOUSE 405 Havelock Road589 words
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Advertisement190 1986-06-16 11 $128++ (For 8 persons) Ijjbl PEKING DUCK Set Menu Salted prawns H Fried mushrooms In egg whits H Sliced Peking duck H e Minced meat chtcken wrapped with green vegetables Shredded duck with fish maw aoup H Crab's shell In garlic sauce with H crab's meat H Steamed tish e190 words
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BANKING AND FINANCE
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359 1986-06-16 12 NYT WESTERN BANKERS and Polish officials meeting in Vienna have agreed to reschedule more than US$2 billion in Polish debts that are due in 1966 and 1967. The money is owed to about 600 banks throughout the non-communist world, and they must ratifyNYT - 359 words
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187 1986-06-16 12 Reuter BARCLAYS National Bank Ltd said in a weekly currency roundup that rand trading would likely be volatile this week, with much-needed dollar supply from exporters bringing temporary reversals to a downward trend. Barclays' senior financial economist, Lauretta Gell, saw exporters buying randReuter - 187 words
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473 1986-06-16 12 Reuter WEST GERMAN money supply is moving back towards the target zone after being well above it so far this year, according to banking economists. Some economists see this as opening the way for further interest rate cuts later this year. But othersReuter - 473 words
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Article176 1986-06-16 12 Reuter JAPAN plans to ease bank reserve requirements on July 1, the finance ministry has said. Bigger banks in particular will benefit from the new system of determining the amount of in-terest-free funds that have to be deposited with the Bank of Japan. The moveReuter - 176 words
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Article69 1986-06-16 12 Reuter TAIWAN'S foreign currency reserves have reached a new high of more than US$29 billion. Central bank governor r*h»ng Chi-Cheng said last Friday trade surplus had risen to U555.47 billion after the first five months of 1986 compared with U553.76 billion at the same time last year.Reuter - 69 words
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313 1986-06-16 12 Union Bunk of Switzerland UBS MEXICO dominated the foreign exchange scene last week with sudden vehemence on the currency markets. The peso's crash drew attention again to the sombre prospects for Mexico's ability to meet its debts and the large risk exposure of theUnion Bunk of Switzerland; UBS - 313 words
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259 1986-06-16 12 Green Collier SIMEX/CME currency futures contracts gained further last week from levels attained in the previous week. September D-mark settled at 0.4555, up 26 ticks. September yen closed at 0.*****1, adding 70 ticks above the previous week's level. Unfavourable US economic data and indications thatGreen & Collier - 259 words
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Article, Illustration238 1986-06-16 12 Asian market ASIAN currency average deposit rates for the week ended June 13 Mcatn ttw avarafe oi the prim Mh| rates of 12 major bariu aparatinf in Sniapore us$ WD PRICES High Low 7 doys 1 month 2 months 3 months 6 months 9 months 12 months 7 1/16 6238 words
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199 1986-06-16 12 The Discount Company of Singapore Ltd INTERBANK overnight rates traded at 5-3/16 per cent 5-1/16 per cent after the long weekend last week. However, suspected intervention by the authorities during the latter part of the week depressed the market to 4-7/8 4-3/4 per cent beforeThe Discount Company of Singapore Ltd - 199 words
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Article464 1986-06-16 12 PLR of bonks at the close of business on Friday, Jun 13 as supplied by the Association of Bonks in S lo9o pore BANK PLR Algemerve Bank. 7*4 American Express Bonk 8 Am'Dom R'terdom Bonk 7*4 Arab Bonking Corp 8 Arab Bonk Ltd 8 Asia Commerdol 7464 words
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Article32 1986-06-16 12 The range of call rates for the week ended Friday, June 13: Bonk fund 45—49 General fund 4 9—5 125 %m Movements of funds 1687 Source: Short Deposits (M) Bhd32 words
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Page 12 Advertisements
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Advertisement488 1986-06-16 12 sGulf International BankmcJ (Incorporated in Bahrain) STATEMENT OF INCOME, EXPENSES AND APPROPRIATIONS INTEREST REVENUE Interest and Fees on Loans Interest on Placements Interest and Fees on Marketable Securities Interest on Money Market Instruments INTEREST EXPENSE Interest on Deposits NET INTEREST AND FEE REVENUE Other Net Operating Income NET INTEREST, FEES488 words
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Advertisement43 1986-06-16 12 Discount Prices At Saturday's close 3-month Treosury BJs 3-month book MK 3-month CD 6-month CD 2 3/B—2 1/4 5 1/8-5 5 1/8-5 5 1/8-5 Prices offered by discount houses on Jun 14 Overnight 2 5/8 Col deposits 2 5/8 Source: Notional Discount Company43 words
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MARKET REVIEWS
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Article, Illustration5400 1986-06-16 13 AMY CHEOK - II"-" By AMY CHEOK TAKING PROFITS while the going was good was the name of the game (or investors on the Singapore stockmarket last week. But even after three days of profit-taking in a holiday shortened week, the indices still managed to finish ahead for5,400 words
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361 1986-06-16 13 Reuter AUSTRALIAN share markets traded choppily and ended last week almost 14 points easier as investors remained nervous about the future direction of the market. The All Ordinaries Index feU 13.9 points to 1,216.3 and the All Industrials Index dropped 40.7 points to 1,931.0. TheReuter - 361 words
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Article863 1986-06-16 13 JULIANA TAY - compiled by JULIANA TAY Week ended June 13 CORPORATE DEVELOPMENTS Cerebos Pacific Ltd's New Zealand subsidiary, Cerebos Pocific Holdings (NZ), is offering NZ$l.BO a share in cash for a maximum of 3.389 million shares of Cerebos Greggs Ltd. CPH (NZ) already holds 50.06 per cent863 words
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740 1986-06-16 14 m ew FT THE Dow Jones Industrial Average on Friday gained 36.06 points to close sharply higher at 1874.19, repairing most of the damage suffered from an all-time record fall of 45.75 points on Monday. Observers said Monday's big drop was dueFT - 740 words
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478 1986-06-16 14 vv fc®!-j K.Lumpur Ĕ J MBT SHARE PRICES continued to rule firm at the Kuala Lumpur stock exchange last week, thanks to a strong headway made in the first day of the holi-day-shortened week. Reflecting the firmer close, the 30-counter New Straits TimesMBT - 478 words
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Article880 1986-06-16 14 EQUITIES last Friday closed generally firmer after a mixed opening but trading was quiet particularly during the afternoon. At 1430 GMT the FTSE 100 Share Index was up 8.1 at 1,579.9 compared with an opening 1,572.6. News of a 0.2 per cent rise in UK retail prices for880 words
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154 1986-06-16 14 r— London AFP VALUES fell sharply before staging a late recovery last week on the London stock exchange. After losing over 30 points at one stage, the Financial Times Industrial Share Index closed down 23.2 points on the week, at 1,313.7. RecentAFP - 154 words
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Article378 1986-06-16 14 Jlfjj Tokyo sLi A AFP SHARE prices continued their record-breaking performances on the Tokyo market last week, overcoming unfavourable news from abroad, including Wall Street's biggest single-day plunge in history. The 225-blue chip Nikkei Average closed out the week on Friday at 17,205.97 yen after hittingAFP - 378 words
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316 1986-06-16 14 Milan 111 111 ISS BCI IN A roller coaster week the Milan share market suffered a most bruising session last Monday with a near record 8.98 per cent dive in the BCI All-Share Index. Several stocks led to extra trading because prices wentBCI - 316 words
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571 1986-06-16 14 TONY MEASOR - n L Hongkong m By TONY MEASOR IT MIGHT have gone unnoticed, such was the deafening stillness of the Hongkong stock market, that last Wednesday was a public holiday the Dragon Boat Festival. The origins of this holiday surround the suicide571 words
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Article189 1986-06-16 14 CSZ THE Credit Suisse Index on Friday closed at 514.8 points from the previous week's 515.4 points on the Zurich exchange. Following the previous week's 16-point tumble in response primarily to the weaker US dollar and increased yields in fixed interest investments, a three-point gain was registeredCSZ - 189 words
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Page 14 Advertisements
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Advertisement303 1986-06-16 14 NOTICES la The Matter tt tke Campeafaw Act, Cay. US Ami la The Matter «t Maa Paag Pte LM (la Menken' Vetaatary WMlag-Up) NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Cap. 185, that the final general meeting of the members of the abovenamed company will303 words
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Advertisement185 1986-06-16 14 i; j j'tifAU'riii PROPOSAL TO CHANGE ,WCI! 11 ACBCf.VI Notice Is hereby given that In consequence of the Intended purchase of a ship by our clients, Maersk Company (Singapore) Pte. Ltd., we have applied to the Director of Marine under Section 417 of the Merchant Shipping Act (Cap. 172) in185 words
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Advertisement134 1986-06-16 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND K'i >: J|, T y| LH gl MSB INTERNATIONAL PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 185) that the FINAL MEETING of the Members of the abovenamed134 words
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Advertisement260 1986-06-16 14 NOTICES la the Matter «t The CampaatM Act, Chp. 184 aai la the Matter rf NEW CONCEPT ELECTRICAL ENGINEERING PTE LTD (la Mem ben' Vetutary UqaMattaa) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-15, Singapore 0617 on Monday, the 16th260 words
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Advertisement283 1986-06-16 14 IN THE MATTES OF THE COMPANIES ACT, CAP. IK AND IN THE MATTER OP DYNAMIC INTERTBCH CO PTE LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of DYNAMIC INTERTECH CO PTE LTD duly convened and held at 5001 Beach Road #03-30 Golden Mile Complex, Singapore 0719283 words
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Advertisement297 1986-06-16 14 THE COMPANIES ACT, CAP. ltt JOO FOON SONS (PRIVATE) LIMITED (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of Joo Foon St Sons (Private) Limited duly convened and held at 101, Upper Cross Street, #04-43, People's Park Centre, Singapore, 0106 on the 7th day of June, 1986,297 words
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COMPANY NEWS
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347 1986-06-16 15 NST PUBLIC BANK Bhd will continue to be affected by the consequences of its past aggressive lending policies, and earnings are likely to fall sharply for yet another year at least, according to a study by Permodalan Nasional Bhd (PNB). Since its earningsNST - 347 words
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225 1986-06-16 15 MBT MORE THAN HALF of Malaysia's 50 stock broking firms have signed up for the Msso million standby "lifeboat" credit facility. The remaining firms are expected to do so in the next two weeks. Once all the stockbrokers have signed, the legal documents willMBT - 225 words
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181 1986-06-16 15 DISCUSSIONS are in progress which may lead to the acquisition by Timuran Holdings Bhd of a substantial interest in several Malaysian trading businesses currently owned by Kumpulan Inchcape Sdn Bhd, a 60 per cent subsidiary of Inchcape Bhd. UK-based Inchcape PLC owns 49 per181 words
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Article228 1986-06-16 15 MBT MALAYAN UNITED Industries incurred an extraordinary loss of M 510.7 million last year because its investment in Growth Industrial Holdings (GIH) was a complete write-off. GlH's major asset was its investment in Pan-Electric Industries. Shareholders were informed about the write-off after a question wasMBT - 228 words
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LATEST RESULTS
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Article80 1986-06-16 15 For the half year to end December 1985, the group produced operating income of $12 million ($16.2 million) and an operating profit before tax of $1.74 million ($3.41 million). After-tax profits emerged at $738,000 ($1.71 million), giving an earnings per share of 2.9 cents compared with 6.780 words
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Article191 1986-06-16 15 IN A REORGANISATION aimed at improving operational efficiency, the Cycle and Carriage group has merged the Mercedes Benz and Mitsubishi operations in Singapore under a new company, Cycle and Carriage Industries (1986) Pte Ltd. Previously, the Mercedes Benz operations were handled by Cycle and Carriage Co (Industries) Pte191 words
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Article, Illustration619 1986-06-16 15 LORETTA McLAUGHLAN - Move to meet financial obligations to subsidiary By LORETTA McLAUGHLAN SEALION HOTELS, the owner of the Hyatt Regency Hotel in Scotts Road, has mortgaged the hotel in order to arrange adequate credit facilities to meet its obligations to Sealion Investments, its share dealing subsidiary which was619 words
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Page 15 Advertisements
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Advertisement502 1986-06-16 15 .«»553& M <*&£*& ®3#:>~ Do you know how much business news you nan finrl in tlip International Herald Tribune? The Trib's business section is now bigger and better than ever. Every day it's packed with the business news you need. Clear, easy-to-read tables on currencies, interest rates and gold prices.502 words
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151 1986-06-16 16 UPI US FEDERAL PROGRAMMES developed over the past 50 years for the protection of workers have been eroded since President Ronald Reagan took office. A report to Congress released yesterday said that the basic laws protecting workers are still in place but, "lax administration,UPI - 151 words
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Article, Illustration546 1986-06-16 16 Reuter AP THE BRITISH PRESS has reported that Prime Minister Margaret Thatcher appears to be moving towards healing a rift within the Commonwealth by accepting further sanctions against South Africa. The Sunday Times, quoting government sources in London, yesterday said Mrs Thatcher wouldReuter; AP; AP photo - 546 words
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Article92 1986-06-16 16 Reuter ZIMBABWE'S Herald newspaper yesterday called for Britain to be expelled from the Commonwealth for its refusal to endorse economic sanctions against South Africa. "The arrogance with which Mrs (Margaret) Thatcher is dismissing the issue of sanctions reveals a spiteful defiance of the sombre mood ofReuter - 92 words
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288 1986-06-16 16 Reuter UPI CHINA has admitted that many foreign joint-venture companies in the country are having problems but has promised changes to make things easier for them. The New China News Agency yesterday said that most of the 2,300 ventures involving foreign equity whichReuter; UPI - 288 words
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531 1986-06-16 16 SOH TIANG KENG - Bank transferring $50m of portfolio funds to Singapore By SOH TIANG KENG Financial Correapondent BRITISH MERCHANT bank Morgan Grenfell is to transfer $50 million of its portfolio funds to Singapore as part of a move to set up a full-fledged fund management unit531 words
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245 1986-06-16 16 MORGAN GRENFELL, a London merchant bank, has appointed 36-year-old Singaporean Hsieh Fu Hua to its main board of directors. Mr Hsieh, the managing director of the bank's fully-owned Singapore subsidiary, Morgan Grenfell (Asia), is the first Asian to be admitted to the London board.245 words
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209 1986-06-16 16 FT TWO DEFUNCT American breweries are to be shipped to China, piece by piece, says US beer baron Paul Kalmanovitz. The Vancouver (Washington) and Newark (New Jersey) Pabst breweries, both of which were closed down last year, will be reconstructed in China, whereFT - 209 words
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248 1986-06-16 16 Reuter SRI LANKAN AUTHORITIES yesterday lifted a 22-hour curfew in the town of Killinochchi, but said they would reimpose it if Tamil separatist guerillas launched an expected attack on a security forces camp. "We want to prevent civilians getting shot in crossfireReuter - 248 words
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Article70 1986-06-16 16 AP A WHITE HOUSE official said on Saturday that President Reagan had written to Soviet leader Mikhail Gorbachev suggesting a meeting of their top advisers. Published news reports said the intent was to plan for the the next superpower summit. Mr Reagan's letter proposed a meetingAP - 70 words
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LATE FILE
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Article37 1986-06-16 16 Reuter THE Soviet Communist Party has dismissed two top managers at the Chernobyl nuclear plant, said Pravda yesterday, in a report disclosing the "first punishment of senior officials since the April 26 accident. ReuterReuter - 37 words
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Article32 1986-06-16 16 Reuter A SYRIAN-MEDIATED truce yesterday appeared to have halted fighting between Shi'ite Muslims and Palestinians at three refugee camps in West Beirut, said residents and militia sources. ReuterReuter - 32 words
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Article48 1986-06-16 16 UPI VIETNAM yesterday said that its investigations erf 21 Americans missing in action (MIA) indicated that the remains of 10 could "probably" be recovered. The Vietnam News Agency said the information was given to a US military delegation in Hanoi last week. UPIUPI - 48 words
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Article26 1986-06-16 16 AFP ARAB League secretary-general Chedli Klibi told Arab foreign ministers yesterday that a league summit, scheduled for next month, has been postponed indefinitely.AFP - 26 words
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Article35 1986-06-16 16 Reuter PRESIDENT Kenneth Kaunda has put the Zambian army on alert to counter what he said was an African plan to launch a massive attack on his country. ReuterReuter - 35 words
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Article48 1986-06-16 16 UPI CANADIAN authorities yesterday detained seven Sikhs whom police sources said belonged to a suicide squad that planned bombing attacks on a number of Indian targets including Prime Minister Rajiv Gandhi. The arrests were made in raids in Ontario, Quebec and British Columbia. UPIUPI - 48 words
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Page 16 Advertisements
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Advertisement109 1986-06-16 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. Discount houses need more capital to play new role 2. US subsidiaries in S'pore expected to invest less 3. Investors of trustee stocks sitting on huge paper109 words
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Advertisement7 1986-06-16 16 Deficiency in China's investment climate, Page 47 words
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Advertisement80 1986-06-16 16 OPENING OF LTCB MERCHANT BANK (SINGAPORE) LIMITED We are pleased to announce the opening of LTCB Merchant Bank (Singapore) Limited, a joint-venture company of The Long-Term Credit Bank of Japan, Limited and The Dai-ichi Mutual Life Insurance Company as of June 16,1986 TA LTCB MERCHANT BANK (SINGAPORE) LIMITED 65 Chulia80 words
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Page 16 Miscellaneous
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Miscellaneous53 1986-06-16 16 today: Sti the lot* few areas in the lot* morning. Rep. art for 24 hours prior to 7.30pm on June 15 at the oirport: Maximum temperature 30.8 Associated humidity 71 Minimum temperature 24.3 Associated humidity 95 Hours of sunshine 5.25 Roinfall in millimetres 9.0 Rainfall this month 46.7 Rainy days53 words
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SHIPPING TIMES
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131 1986-06-16 17 Kinglsey Wood - By Kinglsey Wood DIVERS HAVE completed pumping 1,100 tonnes of furnace oil from the sunken Soviet cruise liner Mikhail Lermontov and it has been declared fit for resale. Shell NZ manager Mr John Phillips said the oil had been under water since the liner131 words
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550 1986-06-16 17 G DURAIRAJ - The Taiwanese line registers a growth of more than 60pc By G DURAIRAJ EVERGREEN LINE has sent ripples into the local shipping community by emerging among the top three operators for container liftings from Malaysia to Europe and the Mediterranean.550 words
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328 1986-06-16 17 Reuter MITSUBISHI HEAVY Industries Ltd (MHI) confirmed it has cancelled contracts with the Tung Group of Hongkong to deliver four container ships to the financially troubled shipping company. "But if the Tung group or its creditor banks give us a detailed plan for financingReuter - 328 words
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180 1986-06-16 17 THE CENTRE for Management Technology is organising a two-day conference on current issues and developments in shipping claims and documentation. The conference, to be held on July 10 and 11 at the Boulevard Hotel in Singapore, is an essential briefing for all cargo owners, shipowners,180 words
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PORT SIDES
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Article59 1986-06-16 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,Reuter - 59 words
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Article1331 1986-06-16 18 CHARTERING IS currently extremely quiet on Thursday with no fresh grain fixing seen on the influential voyages from the US Gulf to continent or Japan, shipbrokers said. The lack of any sustained grain chartering from the Gulf could result in further rate declines, they said. Meanwhile, a «man1,331 words
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1197 1986-06-16 18 Fairplay RARELY HAS there been more turmoil within US flag shipping circles. The nation's largest container operator, Sea-Land, looks set to become a subsidiary of a railroad company; the remaining two of the big three US Lines and APL have, like Sea-Land,Fairplay - 1,197 words
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564 1986-06-16 18 UPI RIVAL ENGINEERS are competing to build a suspension bridge or a floating tunnel between Sicily and the Italian mainland, an idea first conjured by the warrior Hannibal more than 2,000 years ago. The notion of spanning the choppy watersUPI - 564 words
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215 1986-06-16 18 Kinglsey Wood - By Kinglsey Wood A NEW liner service from Port KemblaTownsville to Hongkong and the Philippines will definitely start in October, according to Mr Peter Morton, chairman of the Port Kembla Task Force. It would be on a trial basis for a few sailings and215 words
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Article876 1986-06-16 18 AB Shpg V 5 Hsing Wen VI 2 Accord Shpg VI 3 Hungarian Shpg V 3 Afea Line VI 3 INASCO Entp X 4 Ahrenktel Liner X 1 India Steamship VHI 5 AC Toepfer X 5 Indogulf Freight VI 4 Anro Service IV 3/4 Interasia Lines VI876 words
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Article186 1986-06-16 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.186 words
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369 1986-06-16 19 CLASSIFICATION society Det norske Veritas has delivered a sharp rebuke to the bunker supply industry. The society said recently it had uncovered numerous cases where the fuel supplied could severely damage vessels. "It was evident that the quality of available residual fuels for369 words
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220 1986-06-16 19 DRY CARGO owners in particular are continuing to ignore market signals against overtonnaging when making investment decisions, the Bremen Institute for Shipping Economics and Logistics (ISL) said. "As a consequence, tonnage in the dry cargo sector increased by 4.4 million tonnes deadweight over220 words
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Article741 1986-06-16 19 AN IMPROVEMENT in the tanker freight market has brought about a change of plans for the 423,748-dwt Barge Empraaa. The 1976-built ULCC was originally meant for the scrapyard. After being towed from Norway to Taiwan, it was resold to a Norwegian interest for between US$B.5 million and US$lO741 words
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Article124 1986-06-16 19 Sea trade Week BUOYANT SPOT market rates for very larger crude carriers have prompted the US entertainment and leisure group Loews Corp to activate one of its six vessels. The group will "test the temperature of the water" with the 256,603-dwt Meridian Sky, renamed theSea trade Week - 124 words
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Article75 1986-06-16 19 Reuter A GREEK tanker was attacked by a helicopter in the Gulf on Saturday and hit by two missiles, Athens radio said. The radio, monitored by the British Broadcasting Corp, said the 38,860-ton tanker was off Dubai when an unidentified helicopter struck. It quoted theReuter - 75 words
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288 1986-06-16 19 TANKER CASUALTY rate recorded last year was the lowest in at least 15 years, says the International Maritime Organisation's Steering (koup on casualty statistics. The figures, provided by Lloyd s Register of Shipping, apply to oil and chemical tankers of 6,000 grt288 words
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Article4171 1986-06-16 20 QOaBEKDELB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at4,171 words
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Article812 1986-06-16 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 A California 5 16.6.86 2130 US Linne F7 1430-1530/1330-1430 A1/B1 1230-1330 F1 Sea Dragon 22N 16.6.86 2300 Eastern M F7 1400-1500 L6 Zim Eilat 13W812 words
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Article323 1986-06-16 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Kim Soon Li K22 T Soon alongside 16.6/0700 Wakagiku Moru K16 Borneo alongside 16.6/1930 Zan Al Qows K18 Unipac alongside 16.6/1500 Cawa K33 PIL 16.6/1500 21.6/1500 Equator 3 K22 T Soon 16.6/0700 17.6/0700 Hoe Ann K19 Shintat 16.6/1700323 words
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Page 17 Advertisements
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Advertisement735 1986-06-16 17 Concise Comprehensive Contemporary OFEDERAL l:IV OOCL ORIENT Overseas CotUum* LINE STRAiTS EUROPE EXPRESS SERVICE MM MTVW ACERCES (lef *****4/ OQK) 70 Shenton Ray #04-03 Ranna Hoik* Sinfapore 0207 Id *****11 TELEX NO RS ***** CFS OFFICE IPC #03-029 Tel *****31 and *****32 Terminal office TPt #***** Tel *****90/*****93/*****01 PESMA HHK735 words
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Advertisement44 1986-06-16 17 wmm RARELY HAS there been more turmoil within US flog shipping circles. Pag* II CLASSIFICATION society Det norske Veritas has delivered a sharp rebuke to the bunker supply industry. Pag« 111 Index to advertisers London freights Shipsales Shipping schedules Container schedules Ships in port44 words
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Advertisement867 1986-06-16 17 t a w *v*/*, IN SINGAPORE: 771-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING MALAYSIA, 755-8955 MAERSK LINE W 8 DAYS 4 Bttt 11 DAYS s-por. EXPORT TO USA. EUROPE. EAST. WEST AFRICA ASM *Sappan Ckmm Taw •CT l(/t »t MB crs it/t oral «s T, US G K9 El Omm Taa *CT867 words
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Page 18 Advertisements
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Advertisement239 1986-06-16 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Atlantic/Canada Faadar at Nagoya nTMK"' 'IPTat'''! M\ Mi i in» Bi 1■ 11 i Ti■ i i mmmiijiinminKnl n tTWM hVH EJM Ciß n~~"LL T /fl F7S (ITTWITTM FTMI nrrrMna n, r" BiDMIDMinM) ryrMf^M■BTgTCTinF'^Tr^Mgii■■.!]■'nrr^rr^Mgrrwgif i-i'. i 1" > i STRAITS FEEDER t* LCL Cargo for USA239 words
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Advertisement185 1986-06-16 18 Supercarrier Service TO: PANAMA US WC/EC/6ULF E. CANADA CARIBBEAN C. AMERICA 14 6 13 16 6 lt/t 25/4 24-24/4 11/7 14-IV7 14/7 24/7 2S-24/7 1/1 M/ 7 4/1 4/4 IS/I 21/1 IS/I »/l 3/J S/» 14/9 U/» 21/» cantn tar Hnitn (U£). S. Frwcsc* (MM. Stockton mi im U*t» L185 words
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Page 19 Advertisements
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Advertisement576 1986-06-16 19 The Straits Steamship Group Mansfield Container Shipping PteLtd QCC Overseas Containers Limited STRAITS SHPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK/CONTINENT BANGKOK BORNEO AGENOES LTD. BANGKOK TEL: *****80 CONTAINERSHIP SERVICE FROM UK CONTINEI H'bwf Iran Itm L( Hi S*tM P KettnjS pofe Hart Ports UK576 words
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Advertisement444 1986-06-16 19 7S?T SudAmerlcaiim W*' SERVICE* TO WEST COAST SOUTH AMERICA ROD WSB. STQH WHO KSJa 611 NK£ 4Q HHV mr I KS3B. IS/S MMUt 23/1 V« IOT U/l 14/1 M/l *ss. I/7 »antra wi >w w w w iw ona ran or cmi> &bmms mm mtomo. aaaon tmcjmmno SEGANI-" Swapore *****66444 words
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Advertisement295 1986-06-16 19 Franco Belgian Services (MFMBER OF ACE CONSORTIUM) comwci com mo fflrwa rtow n«^ STM PJKLME Lt Hni I tan fltm Nan Hto»w M Mm Kto| I "Him iMf LaNnn PJMmi i'mn awrm am it m<w m> 7 w i m k m 12 m 13 m is m uur awn295 words
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Page 20 Advertisements
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Advertisement430 1986-06-16 20 m Hapag-Lloyd TO CONTINENT/UK EXPORTS Hand hariage to Mand destinations in Europe Spere PKrfaif P«*an( LtnwsßfcM GaanHbvf Man Bha«M A'rrarp MANGEL liAOa 23/6 25/4 21/7 24/7 27/7 m TOMS 2/7 4/7 4/1 25/7 2/1 M. MUBNUKMH 5/7 11/7 13/7 7/1 23/1 IC/I 15/4 12/S FROM N. CONTINENT &UK IMPORTS )Tk«t430 words
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Advertisement115 1986-06-16 20 J ttG.& LINF to»n jmi*o %t o»*nas ..m t ULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 A Mtmber ol the Ace Consortium m FROM EUROPE VIA SUEZ A Mfmber ,h < Consortium FULLY CONIAINfRISEO TO PROM NORTH AMfRICA WfS! COAST f who no *ssa KCH 2CC/KIW 471 SSB SSC/fll115 words
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Advertisement740 1986-06-16 20 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** EASTERN C AR I INI R. I 11) SPECIALIST IN RO-RO HEAVY LIFTS SERVICES nam from japan Koul ««N PMNCI MMH) No I *7« SaiM kM am mgota *40 m KOCH IMS ASIAN Clffa *M740 words
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Advertisement673 1986-06-16 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) US WEST COAST INBOUND no mil no n*i DUO ACCEPT* CARGO TO: 1) LONE KM* (BUM. MM ME GO KMM. STOCKTON. ALBCM. BDNOOO OTT SACtAMNTO. TACOBA. LCMB MEN 2) utiawta. chcago kamsas cm. dauas. nam, i ono wa673 words
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Page 21 Advertisements
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Advertisement726 1986-06-16 21 v\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VESSEL SIN JKT SBV SIN HKQ KAO *TCN KEE BUS "Mtlß *HTC VOK KOB KEE KOTA SINGA 17/S IS/6 21/t 20/6 IM 1/7 1/7 4/7 0/7 S/7 0/7 11/7 MAJAPAHIT 29/6 1/7726 words
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Advertisement705 1986-06-16 21 BENLINE CONTAINERS CRy E«*v|k I 4/7 6/1 FraMat Eiprtu 1 11/7 13/7 Talua Uprtu a/7 a/7 a/7 */7 4/1 1/1 11/1 13/1 11/ l 21/1 a/i a/i it <K |K]JEBSEN LINE NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PAOEIC IRia lM P. Mores* Aack'Taor Nipwr Taun Btofl705 words
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Advertisement531 1986-06-16 21 DJASAGETRI A Joint Europe Service Of:. P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'part Hbao HATARAAT Vl5-NB 23-25/6 21/7 TMDAANC' VS-NB 21-30/6 Adam/Rdam Han*w(/Bromon 23/7 2S/7 5/1 l/l STOK HMO 800 UM/TUUHT tTMM/lIMM KMC SMRMTI' *17 MB 7-1/7531 words
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Advertisement394 1986-06-16 21 BOUSTEAD SHIPPING AGENCIES •BASSE* ¥71 PA-AA Y97H Dochafpnj Orty V* CLYDEBANK VI7N IVYBANK VI6N FORTHBANK VI6N TAUSALA SAMOA V 7 MORAY V.IN BURMA FIVE STAR (Bunnese National Line) Loadhg for Ranfoon Sport 21/21 Mi 21/30 in BANK LINE EXPRESS SEM-CONTAIER SOWS 1/11 26/9 TOANA MUGM VIS Spin 12/7 (PNG ports:394 words
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Page 22 Advertisements
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Advertisement1232 1986-06-16 22 USA CANADA ATLANTIC COAST (Round Thm World S«rvic«) K LINE KAWASAKI KISEN KAISHA, LTD. 0. KNGHT V 27 N. 6MNET V 4 0. FREEDOM V 9 FM BMDGE V23/6.H. BMDGE VI STOW 15 iul 1 JM 26 Jul < U 2 Aug 8 Jul 8 Aug ens 27 Jul 71,232 words
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Advertisement627 1986-06-16 22 we AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Hfling liner Vessel Sydn Also Accepts CALABAR V ?6 28 )un fSTECL*>PER V 5 21 Jul "CHAMMMS V7O 75 Inn 110 Jul 18 M 16 M Adet/Bris RAVKMS V 32 10 kit KABKDAS V 29 24 M 75 W 3 Au<627 words
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Advertisement484 1986-06-16 22 GOLDEN LINE GUAN GIMN SHPPW6 (PTE) LID 23. IM »r« SlrMt SMGAFOK (1(4 TEL 5343M1 <1( LIES) STRAITS/PERSIAN GULF SERVICE: GOLDEN OH CotMKbo/lU'Khi/Minctt/Oiibai Gaum warn 22/23 toa Irt* CHtfU OCEAN SWPPING CO., PEKM6 THE PEOPLE'S REPUBLIC OF CHMA anTfli afMKCm iJIHI PJCELANG POW* OESTRATON 26/6 30/6 leMerdam/*«hmp/H*biet •fUi *f»— I484 words
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Advertisement613 1986-06-16 22 INTRASEA (PTE) LTD. 10 Anson Road #27 16 International Pia*a Singapore 0207 Tel *****1 1 (10 Linesi jroaASMiiin BREAKBULK SERVICE TO EUROPE/UK mdou-east ran FM-UST PORT kd sea pans lt/c. n/i. n/t in. u/7. \%n PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LINES) TELEX RS ***** PHILI |Tj| I.613 words
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Page 23 Advertisements
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Advertisement729 1986-06-16 23 TH No (dice *****77 NEPTUNE AGENOES PTE LTD. EE EU/AUST TPA/SEA Termnal CES KXKKS *****77 ******3 *****42 *****22 *****53 OR DMECT LR€S 27*119 *****16 NEPTUNE ORIENT LINES LTD KPIIC SON. BM> *****87/*****45/ *****53/*****26 NEPIME SON BHD. *****71/*****34/*****35 NEFIME SON BH> *****9/*****5/*****0/*****1/*****2 FAR -EAST/EUROPE FULLY CONTAINERISED SERVICE A mtmbtr of th«729 words
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Advertisement509 1986-06-16 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: S Pi*! «UN!S UPTUfi »«NCIfS Pit UD TH ?/***** ?7854}4 (Book«i f si ???7MO tOpfrjtionsi 1 ??09?84 (Iftmwjh ??0?4S0 ??fI?SO4 (CIS) Mil ifSlt t!,INIS lIJNAS SHI* SDN BHO Kl Ifl PK Tel 389%4 PfN Irt *****S 36 74/S CEYLON SHIPPING CORPN509 words
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Advertisement531 1986-06-16 23 r SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHMNG 55. Martet Street Sintapore 0104 Tel: *****33 (15 Lines) Ti Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELJWG M/S SHARK*! NAH SOON SDN BHD IST AND 2NO FLOOR. NO 1. lAIAN CEMPENWG PORT KLANG.531 words
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Page 24 Advertisements
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Advertisement401 1986-06-16 24 [Cp REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) *vl im ii 1 iim |m T^i'l7'"-- 1 inn 1-1/7 1-2/7 TWFri 3-4/7 eeiesei EEDEEH [253 EOl EDEE2I |EdM \nm\ icmi icei TO SOUTH THAILAND lEM I i.'Aiiiu-j -il .'MILLI F (TmrrnracraE [EEE tl 1 HELJE 117^ t r» <1 II401 words
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Advertisement84 1986-06-16 24 WORLD LINE REGUIAR SERVICE WAN HONGKONG STRAITS ULTRAMOVER SERVICES "PTE LTD. WEEKLY SERVICE TO BATAM DUMAI VESSEL ETA ETD DESTINATION BG: SEJATRA 12/6/86 13/6/86 BATAM GUNTUNG JAVA 11/6/86 14/6/86 DUMAI GUNTUNG JAVA BARU 20/6/86 24/6/86 BAT AM/DUMAI Th» Han 7500-4, Buck M #06-311/319. 9r M *****31 (4 Um) T*l: B84 words
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Advertisement120 1986-06-16 24 LUCKY SEAWAY SERVICES S poro 70l ***** Sf» Tu ***** KK Tel. 088 221 786 ***** T!. MA ***** Seaway S PORE TO COLOMBO/BOMBAY ETA Cotofflto Bombay IBM IS/C 21/1 B'PORE/W. M'SIA/SABAH/AUSTRAUA SGr KUANTAM KK SXAN FOR EM.ONG V.22-17 7/7 12/7 17/7 iii»m/ fujiui JTCJICT DnSDJO? MAYA VJt-17 12/1 2/1120 words
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Page 24 Miscellaneous
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Miscellaneous161 1986-06-16 24 rvTjxl Regional Weather »o I.x N #5 Sk > .< i* lii'v 1 oj Q IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c A >ow Weather Wind direction with speed in knots V CL Wave height Cloudy Sky Surface winds ore indicated by161 words
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Page 25 Advertisements
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Advertisement179 1986-06-16 25 LIZENA PTE LTD REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. ETA ETD DESTVIATION PM9 VOY 9/86 PI 16/6 CMTTAGONG MAMA BE7I VOY 23/16 20/6 24/6 CMTTAGONG AGENTS: SEACUPPER SMPPMG ENTERPRISES PTE LTD M, CacN Straat #15-01 DUNN HOUSE TEL: *****50 (3 UNEB) Booking *****44/46 BATAM, DUMAI, PEKAN BARU REGULAR SERVICE Vtsael179 words
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Advertisement236 1986-06-16 25 t JOO HDKA SMPPWG (PTE) LTD., BLK «5 CMNFORO LAIC. #0214 CXANFORO COfTK SNGVORE 0719 J TILJMMX. 2X31<7 mn C 3M71 JOOHWaJ MR ACCEPTING LCL TO CHITTAGOHG Vessel HA CTD Lm*| far •HYE SlAlfe-HWll 21/8 •HORNG LEE-HLO2 21/8 22/6 Cfattapmc (Fuly Containerised Sffrice) Acciptinf CmUmn (fa. ia ft SOC) *50236 words
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Advertisement533 1986-06-16 25 GLORY NAVIGATION GROUP mm TAIWAN TO SINGAPORE t ASEAN WRECT WEEKLY TO PORT KELANG/PENANGj •AT ATTRACTIVE RATES* 3 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TWW DECKERS OK REGULAR UNER SERVICE FROM TAIWAN TO SMGRPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND TWULAND.533 words
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Page 26 Advertisements
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Advertisement889 1986-06-16 26 HEAP SENG TRADING SHIPPING PTE LTD 0001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HE APC O US am; r n <imxi ,i ,mh "rixi ,ir.i, VOY NO VCK mm saM VIMM 21 Ma UIiSK 21 M» VIUM 5 My889 words
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Advertisement708 1986-06-16 26 C.Y. LINE (A M«mb«r Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD FUUt CONTUOEED SEDVKC 10 EUtOfl (VH SUEZ) OttJITAi CMC *4M KOKM MCUN MR KPTUC CUTSTJU. 35* KOKAN CHANCE 27W Lrftam Ua Ftlnt Hte| Wn| 7/7 1/7 lt/7 12/7 I J/7 15/7 14/7 15/7 17/7 19/7 M/ 7708 words
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Advertisement886 1986-06-16 26 Everett Linesl COMPANY PERUANA DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" loading lot Cato lo and otter Pcrvnan pom with transtapment at Rote On CPV Throufti Bits ot Ladnf to hnal destination Pmanj* f Kctanf S«(aport THOMASEVEKTT fi6UC2I/15 tat MUBfUEAETT 25/* tan MANOLOEWRETT 7/» M q EVERETT ORIENT LINE' JAPAN/BAY OF886 words
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Advertisement289 1986-06-16 26 ZIM J: if). 1 M [E3IEIIO nr*m i A KtSSQ DBSI 1 KtSJQ I 1.7* rasa li»7j» nil k «a its m AT 17/1 1/7 1/7 V 7 IV7 M/ 7 T 27/1 11/7 (*COI7/7 19/7 a/7 a/7 «M*6 2/7 IV7 a/7 »/7 M/ 7 Jl/7 Fa T« EmpMM mi289 words
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