The Business Times, 18 June 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY. JUNE 18. 1986 75 CENTS
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  • 320 1 THE DECLINE in exports continued as shipments out of Singapore recorded a double-digit drop to $19.5 billion in the first five months of this year. Latest figures from the Department of Statistics showed that cumulative exports dropped by 10.4 per
    320 words
  • 76 1 Reuter THE PACE OF home building, a steady source of strength for the US economy, declined 7.4 per cent in May as housing construction starts fell to an annual rate of 1.9 million units. The drop was the largest in a year and followed a 4 per cent
    Reuter  -  76 words
  • 380 1  -  Five-member team being set up to arbitrate disputes By LINDA CHEE THE INSURANCE industry is setting up an ombudsman committee to deal with complaints about general policies taken up by individuals. Unlike the one-man insurance ombudsman in the United Kingdom, the committee
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  • 142 1 Reuter ABU DHABI has merged the offshore drilling activities of three state oil companies to reduce costs as falling oil prices continue to take their toll on the region's oil industry. Sohail al-Mazroui, the deputy general manager of the Abu Dhabi National Oil
    Reuter  -  142 words
  • 145 1 AP JAPAN'S economic activity is slackening because of the yen's sharp appreciation, with exports falling and the jobless rate at a record high. The Economic Planning Agency said in its monthly report yesterday that in spite of an increase of 24 per cent in
    AP  -  145 words
  • 239 1 NEC, ONE OF THE largest Japanese computer manufacturers, is setting up a software development centre which will work closely with its research and development laboratories in Japan. NEC Computers Singapore's newly appointed general manager, Mr Noel Hon, said "several" engineers had been sent
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  • 471 1 BUYING FEVER gripped the Singapore stock market yesterday, as late entrants, both local and foreign, rushed in. Dealers reported the re-emer-gence of buying by London fund managers, many of whom have avoided the local market for months. The rush for shares, particularly the heavyweight blue
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  • 354 1 PRIVATE HOSPITALS would not be forced out of business with the government's move to privatise its hospitals, the First Deputy Prime Minister and Minister of Defence said yesterday. "Far from wanting to close down private hospitals, we want to encourage them to succeed, to
    354 words
  • 115 1 THE INDUSTRIAL Arbitration Court (lAC) has disallowed a claim by a union against a coffee house for not paying full retrenchment benefits to its members. La Piazza, which operated a coffee house along Orchard Road, retrenched 43 employees at the end of last month
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  • 347 1  -  By RAY HEATH THE Government would decide what constituted interference in the domestic policies of Singapore when considering whether to enforce the Newspaper and Printing Presses (Amendment) Bill when it is enacted, Mr S. Rajaratnam, Senior Minister (Prime Minister's Office), said last night.
    347 words
  • Page 1 Advertisements
    • 153 1 ciTvcom ypyremi PTE LTD Tel 743 5555 Why tie up your capital? Rent special equipment from Thorn. 100" Panasonic Colour Video Projection System. $900/-per day A Ideal for seminars conferences. M training classes Also available 45 i projection screen' at S4oo' daily GREAT FOR THE WORLD CUP Multiple System Colour
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    • 240 1 mm SHAME INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE TV A RADIO OUR VIEW THE EMERGENCY in South Africa seems to hove been timed to pay homage to the reality of the Soweto uprising 10 years ago. Whatever the apparent odds, this is the time for the free world
      240 words
    • 12 1 Full report, Pag* 13 Int'l stocks, Pago 10 Asian stocks, Pago 11
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    • 185 1 TJ BALLY tV Smrri-rfjfK A y Snags in automation THERE IS A TREND among small and mediumsized companies to turn to automation to improve efficiency and cut down the use of labour. But this is not taking place as fast as the government would like, in spite of generous Financial
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  • HOME NEWS
    • 441 2  -  Three-quarters of top attractions are public, says ex-STPB chairman By CHUANG PECK MING ONLY ABOUT a quarter of the most popular tourist attractions in Singapore are privately run and this is unhealthy, said Dr Wong Kwei Cheong yesterday. Speaking at an international marketing conference, the
      441 words
    • 304 2 ORCHARD ROAD toppled Sentosa to become the most popular tourist attraction for the first time last year. Chinatown also rose to tie with Sentosa for the number two spot. Botanic Gardens was pushed down to fourth ranking. Mount Faber dropped four positions to sixth,
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    • 497 2 CHINA and Singapore will in a few months mount a joint promotional campaign to sell both countries as a tourist package. Filmlets, brochures and posters are planned. This is the first step towards boosting tourism in the spirit of an accord signed in
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    • 294 2 THE PACIFIC and Far East areas have the most promise in terms of traffic flow in the future, according to the International Air Transport Association's (lata) economic and traffic forecasts. It indicated that up to 1990, traffic flow involving the Pacific and Far
      294 words
    • 338 2  -  By LISA LEE THREE MEN and a good script was all it took to make Sundown Theatre's "Master Harold and the Boys" one of the most vivid and compelling plays yet at the Arts Festival. There was only one scene, the barest of props but
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    • 423 2  -  By FOO CHOY PENG Chief Reporter A FORUM to discuss the place of criticism by individual citizens and professional groups in Singapore is planned by Mr J B Jeyaretnam and the Anson Working Committee. The Member of Parliament (Anson) yesterday said that
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    • 135 2 THE COST of living dropped last month by 0.1 per cent compared with April. Consumers paid less (or electricity, gas and miscellaneous items. It was the fourth consecutive month that the consumer price index had fallen. Compared with the same month a year
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    • 489 2 THERE WERE only eight of them, but the Swingle Singers gave one of the best performances the walls and columns of Victoria Concert Hall must have heard in their lifetime. From the moment they hummed acapella to the Overture to the Marriage of Figaro
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    • 341 3  -  By ELAINE KOH PROPERTY DEVELOPER Ho Kok Cheong will have to grapple with another winding-up petition on one of his companies. People's Park Chinatown Development, which is in the midst of building the 28-storey Chinatown Centrepoint, is facing a winding-up suit from a construction
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    • 84 3 A MEDICAL symposium on coronary heart disease will be held at the Shan-gri-La Hotel from tomorrow. Entitled "The Prevention of Coronary Heart Diseases A View From Framingham", the symposium is organised by the Singapore Cardiac Society. The guest speaker is Dr William Castelli,
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    • 212 3 THE JOINT Singapore Armed Forces-Polytechnic Diploma scheme saw its first batch of 44 students begin their three-year course on Monday. This scheme was devised jointly by the two polytechnics and the SAF whereby SAF personnel can study for a special diploma. Under
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    • 147 3 THE SINGAPORE Armed Forces has bought $4.5 million worth of private automatic branch exchanges (PABX) to improve the telephone system at its camp 6. Conversion of the telephone system to the new equipment will take another 18 months, according to the latest
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    • 288 3 THE Science Centre has signed a contract with Ku-magai-Zenecon Construction to build its $16-million Omniplanetarium Complex. At the signing ceremony yesterday, the chairman of the Science Centre, Mr Tan Keong Choon, said: "When completed in December 1987, the Omniplanetarium Complex can offer new and exciting
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    • 293 3 IRISH COMPANIES are looking for joint ventures with local companies and these could be set up either in Singapore or Ireland, said Irish Trade Commerce Minister Mr Michael J Noonan yesterday. Mr Noonan, who led a trade delegation to Singapore, said both
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    • 332 3  -  $3m investment in new factory By SAID ABDULLAH MING SAY Industries is opening its second umbrella factory with an investment of $3 million to capture a bigger share of the overseas market. The 2,601-square metre factory at Eunos Avenue 8 will begin production in
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  • Page 2 Advertisements
    • 235 2 RVRADIZ CENTRE Modern Offices and Shops in a Premier Down-town Location. Md n^lce XSS-Kt--?' If® l£i jf Fi^Wi 1 Paradiz Centre si a Paradiz Centre. A 9-storey complex of modern offices and shops in a choice location just minutes to the banking and financial district of Shenton Way and a
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    • 0 2 ~(:?);+'_|\){]^@&>*%*,!/-.)}"$(
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  • Page 3 Advertisements
    • 61 3 A, Hvv CONDOMI Luxurious Townhouses (470 sq.m) Maisonettes (268-312 sq.m) Apartments (152-191 sq.m) In one of the most sought-after condominiums, available for sale as an investment with good rental return. Large swimming pool r- Clubhouse 2 Squash courts Tennis Court U'jf' Saunas In a secluded, elevated location r surrounded by
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    • 303 3 CaC Computers and Comnxncjbon* A J u r > 3 X 1 X w v/ V Bi-directional tractor shown optional PinwriterP7 The affordable Pinwriter P7 has what it takes to look good whatever you print. With a 24-pin printhead for superb text and dazzling graphics. It's faster and quieter. Fully
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  • ASIA-PACIFIC
    • 497 4 Reuter BIG BUSINESS in Japan, with an eye on the economic future, wants Prime Minister Yasuhiro Nakasone's Liberal Democratic Party (LDP) to win the July 6 elections. Only opposition hopefuls forecast that the LDP will actually lose. But some political economists think Mr Nakasone
      Reuter  -  497 words
    • 148 4 AFP THERE IS no need to be worried by a World Bank report on the Indonesian economy's prospects, Indonesian Finance Minister Radius Prawiro has said. He was commenting on a World Bank report, published this month, which foresees shortfalls of about US$3.9 billion in
      AFP  -  148 words
    • 357 4 UPI CHINA'S market-oriented reforms and opening to the outside world are partly to blame for burgeoning theft, bribery and "worship of things foreign" among Communist Party officials, the Beijing Review magazine has said. "Though their successes are noteworthy, the reforms have been
      UPI  -  357 words
    • 407 4 AFP TAIWAN has agreed to a series of trade concessions to the US in exchange for preferential US treatment for three dozen Taiwanese products. A trade official in Taipei yesterday said the concessions included lower tariffs on 71 items imported from the US, elimination of
      AFP  -  407 words
    • 230 4 Reuter IRANIAN PRESIDENT All Khamenei has called for an offensive to break what be called a damaging "no war-no peace" stalemate in Iran's conflict with Iraq. The K&ytuw newspaper quoted him on Tuesday as telling a meeting: "The war must break out of
      Reuter  -  230 words
    • 226 4 AP THE communist government of Afghanistan claimed on Monday that hundreds of young men who had deserted or evaded military service have surrendered and hundreds of others are volunteering for the security forces. Radio Kabul, the Afghan government radio, said in a broadcast monitored in Islamabad
      AP  -  226 words
    • 380 4 UPI RUDYARD KIPLING wrote that "East is east and west is west and never the twain shall meet." But then, he never had a chance to use a multi-lin-gual computer. A new desktop personal computer, to be available later this summer, bridges the centuries-old
      UPI  -  380 words
    • 775 4 ARRIVALS Operator Sarvic* nufnbtf Local tins From SIA UA GEN AVIATION SVGS SIA MAS SIA KAL MAS MAS SIA CPA RfiA GIA SIA SAS UB SIA SIA THAI CAL MAS GIA SIA SIA AY GIA GIA SIA SIA SIA SIA SQI17 UA805 5X0 AR SQ4I MH681 SQ47
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  • Page 4 Advertisements
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    • 89 4 11/ \l\ /I I 3 Every Tuesday, Thursday. Saturday II J I I Y and Sunday. Leaving Changi Airport J\ V -LI -1 \L at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA Hotels Worldwide Call *****55 Kuala
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  • REST OF THE WORLD
    • 385 5 UPI SOVIET Communist Party lead_er Mikhail Gorbachev has criti"Cised the "fossilised of the country's managers and pledged reforms -to modernise the economy by „1990. The reforms contained in a five-year economic plan inL,..clude increased emphasis on consumer goods. •-J- Speaking before the Communist Party Central
      UPI  -  385 words
    • 148 5 AFP FIFTY-FIVE per cent of Americans believe that women have less chance of promotion than men, according to a survey published by the Associated Press and the Media General Communications Consortium. Only one-third of the 1,473 people polled believed that a woman
      AFP  -  148 words
    • 286 5 UPI THE SOVIETS are 10 years ahead of the US in the space race "almost out of sight" while Nasa is still reeling from the Challenger disaster, Jane's 1966 Spaceflight Directory says. "The Soviet lead in space is now
      UPI  -  286 words
    • 343 5 AFP CANADA'S negotiations with the United States on free trade are risky but necessary, said Canadian Prime Minister Brian Mulroney. He said that abolition of trade barriers would mean a US$2 billion price decrease for Canadian consumers, and would give Canadian corporations
      AFP  -  343 words
    • 270 5 AFP FINANCE MINISTERS from the European Community have expressed opposition to proposals from the group's executive commission on financial and monetary relations with Japan. Dutch Finance Minister Onno Ruding announced this on Monday following a meeting in Luxembourg of finance ministers, where, according to community
      AFP  -  270 words
    • 171 5 UPI THE CROWN HOTEL figures that the best way to attract ter-rorist-leery American tourists back to Britain is to scare them half to death. The hostelry in Scarborough, England, is offering hunt-a-vam-pire weekends a chance to spend a couple of
      UPI  -  171 words
  • Page 5 Advertisements
    • 159 5 f f Quote, Unquote pp I am to be restricted to my house from 6pm to Bom everyday for the duration of the state of emergency. I am also forbidden from giving interviews to the press and all that junk. South African activist Winnie Mandela, talking about the new restrictions
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  • Page 5 Miscellaneous

  • BANKING AND FINANCE
    • 493 6  -  By ALVIN TAY CITICORP Insurance Brokers (S) wants to have a bigger share of the insurance business generated by the group's commercial and merchant banking arms in Singapore. Currently, 90 per cent of its clients had no parallel relationship with Citibank or any
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    • 73 6 Reuter HONGKONG'S hard-hit banking industry will soon feel the pinch from a new competitor following government clearance last week of the territory's first local currency money-market fund. The Schroders Asia Investment firm has won approval for a mon-ey-market fund to invest in highyield Hongkong
      Reuter  -  73 words
    • 128 6 FT THE Korea Development Bank has unexpectedly postponed a US$5OO million syndicated loan that was being organised in Hongkong. According to bankers in Seoul, early last week the KDB notified 15 banks that had agreed to organise the syndication that it would delay the
      FT  -  128 words
    • 652 6 SINGAPORE The US dollar closed firmer yesterday against most major currencies in moderately active late trading. The US dollar rose to a late 2.2290/2300 marks from an early 2.2205/15 and New York's 2.2175/85 close and to 1.8370/80 Swiss francs from 1.8295/8305 and 1.8275/90 respectively. The market generally expects
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    • 230 6 Interbank rates at 3pm yesterday: •id Offer c roe* parity change Local dollars to on* umt of foreign currency: US dolor 2 2255 ***** 2 8196 -21 07 Sterling pound 3 3449 3 3486 7 3469 -54 47 Australian dollar 1.5500 1.5529 ***** -54 79 NZ dollar 1
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    • 113 6 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/2 point from Monday to close at 4-3/8 per cent yesterday. The one, two and threemonth term rates remained unchanged. S$ Interbank rates at 7pm yesterday: Offer fcd rwght 4 3/8 4 1/4 1-month 5 1/16 4
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    • Article, Illustration
      358 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet trading yesterday. Short-dates firmed 1/16 point at the outset underpinned by a higher US federal funds rate. Thereafter, rates remained unchanged with overnight, Wednesday/Thursday and week fixed closing at a common 7-1/8 7 per cent. Most operators
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    • 325 6 BA Futures SEPTEMBER Ear*4«U»r opened lower yesterday at 93.15 as market participants were concerned about the announcement of US treasury quarterly refunding. The September contract was traded down to 93.13 quickly but rebounded from this level as it approached short-term technical support at 93.10. Liffe opening saw prices trading
      BA Futures  -  325 words
    • 248 6 HONGKONG: The metal closed firmer yesterday in fairly quiet trading, mainly on light short-covering by foreign houses. Bullion ended at U*****.60/338.00 an ounce compared with New York's U*****.60 335.10 close and the U*****.40/70 finish last Friday. The Chinese Gold k Silver Exchange Society remained closed for the day to
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  • Page 6 Advertisements
    • 125 6 Owner Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now. if you're buying your first private home, you can get a five-year interest concession of Va You' II pay only 7Zi for a loan up to ten years or just 7Va for a longer
      125 words
    • 28 6 3TZ \3^ T d* e a^°° se X ottve fc* tett vpOt« v u«-\rrvC vS oJ\tVv --rJ L ut^ e C>£ ttva^ Z£Sss%ds*r Vt <J0* rtv £*53 JL'<s~
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  • TRAINING & DEVELOPMENT
    • 602 7 Seminars and V2 Cahners Tel: *****13 J Exposition Tbc RS ***** courses ■■ViE Fax *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Jul 1 Guidance on the Legol Boulevard Hotel Centre for *****22 and Business Implications of How the Futures Trading Act Affects your Trading Management T echnology Operations *****32
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    • 503 7  -  New centre to get more minicomputers By ANNA TEO DIGITAL EQUIPMENT Corporation will triple its investment in its newly-opened training centre by next June when more hardware, including two more minicomputers, are installed. Plans are underway to develop the Singapore "individual learning centre" (ILC), set
      503 words
    • 93 7 RECESSION, which has sometimes been a long drawn-out affair in the West, has forced companies to adopt an innovative approach towards overcoming their adversities and they have prospered in the process. Singapore will be able to share some of those management strategies and techniques
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    • 385 7  -  By LUCY NG ONE OF EUROPE'S leading electrical and electronics companies is to launch another product line in the Far East soon and is at the same time setting up a second training centre to help out its customers. Siemens
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  • Page 7 Advertisements
    • 128 7 The People Solution Your electrician has taken a long vacation Your draughtswoman is on maternity leave Your welder is hospitalised You need an Engineer desperately What do you do^ Skilltek! We have the available specialists for hire on a temporary, short or long term basis We also offer full and
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    • 78 7 PHOTOFLASH You get more flashes because Energizer's breakthrough technology has created a battery pack thafs unique. Its special construction allows more space for more active chemicals. New Energizer packs 20% more alkaline power into it so you get more out of it! Energizer outlasts all other batteries in Singapore. COLOUR
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  • FEATURES
    • 516 8 IF RACIAL POLARISATION were used as a measure of political immaturity, any idea of South African "nationhood" would have been laughed out of court a long, long time ago. But the West has been generous to Pretoria. While sincerely decrying apartheid, it has been soft on
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    • 1791 8  -  In spite of the financial incentives offered to small and medium-sized companies to help them to automate their plants, many are still wary of committing themselves and this reluctance has to do with more than just money, reports BOEY KIT YIN. BOEY
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  • Page 8 Advertisements
    • 163 8 Air freight is faster Mk Our coverage is I better >lll\ In BT every Friday, m mu m, HEIGHT WBIIIiaSS NO EXCUSE H 11 Daylighters. A special membership for those who can attend during the daylight hours. Valid seven days a week, Daylighters can use the gym and join the
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  • Page 8 Miscellaneous
    • 680 8 Rrlstc^ptaoicixctoc TV4PCT FtftONS OF ACCOUNTS rnpiKeS one SiCK r jo ST Bemuse ne Fißm'S moie\| He's uNDeR.Tne»mPR£SSiON IT P*L-L 60 LONG? TO Him PiS 1 STRDU. A|_ONG> T Ht CORRIDOR VOITH P*4 fMC V Mk Wflto CRYPTIC PUZZLE ACROSS 1 Inland navigation (5) 6 Ready to add some port to
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  • SPORTS
    • 667 9 WORLD CUP '86 BRAZIL ousted Poland 4-0 and Argentina eliminated Uruguay 1-0 yesterday to advance to the quarter-finals of the World Cup soccer championship. The South American powerhouses, both former World Cup winners, reached the round of eight with early qualifiers Belgium and Mexico. The
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    • 596 9  - Uruguay and Birmingham so close and yet so far By MAX COMMANDER THE BRITISH PRESS screamed "animals" in banner headlines just because Uruguay a very talented team, I thought held Scotland to a 0-0 draw. True, they used a few good old-fashioned tackles to bring the leaden-legged Scots to their
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    • 580 9  -  By JEFFREY TSANG IN THIS DAY of cost-cutting counter-recessionary measures, the annual economy rally organised by the Singapore Motor Sports Club (SMSC) under the sponsorship of Shell has taken on new significance. But for this year's rally to be held from June 28 to
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    • 188 9 AP US Open champion Raymond Floyd and defending champion Sandy Lyle head the list of qualifying exemptions for this year's British Open golf championship, it was announced yesterday. A field of 154 golfers will compete in the tournament, one more than a year
      AP  -  188 words
    • 784 9 UPI IF EACH golfing year could be bottled and put away for future savouring like wine, the current year would deserve an honoured place in the cellar to be brought out only for special occasions. Just when the game needed it,
      UPI  -  784 words
    • 296 9 AP MARTINA NAVRATILOVA, seeking her fifth consecutive women's singles title, and French Open champion Iyjrn* Lendl have been named the top seeds for the Wimbledon tenhll championships. But the world's premier grass court tournament, which begins its two-week run nexj Monday, lost
      AP  -  296 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1151 9 to ohd mw>) APPLAUSE Jerome Kern Festival: Centennial Summer 9.30pm, Channel 12 Set in the summer of 1876 in Philadelphia, in the midst of celebrations to mark America's first 100 years. The Rogers family is visited by their Aunt Zenia. She brings with her a young Frenchman who sets the
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  • INTERNATIONAL STOCKS
    • 282 10 GUINNESS PLC said its initial review of the business of Distillers Co has confirmed the potential for significant improvements in Distillers's productivity and performance, and detailed plans were being implemented. Guinness acquired Distillers for £2.7 billion in April this year, the largest takeover by
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    • 107 10 Reuter COCA-COLA CO has tentatively agreed to acquire Beatrice Cos Inc's US and Canadian Coca-Cola bottling properties for about USSi billion. said it reached the secernent with BCI Holdups, Corp, organised by bhlberg Kravis Roberts aQd Co, which acquired Beatrice in April. BCI planned to
      Reuter  -  107 words
    • 116 10 Reuter VOLVO has agreed to p4y fines imposed on it last Mth by the Stockholm SCbck Exchange, but has *£nised the bourse of leaking confidential information to the press. »*ln a statement on Mont, Volvo questioned the of the fines meted out bf the exchange,
      Reuter  -  116 words
    • 312 10 Reuter WALL STREET closed slightly lower on Monday after struggling to extend last Friday's strong rally. Stocks drew little encouragement from stronger bonds. The Dow Jones Industrial Average fell back 2.42 points to 1,871.77 after an extended rally to as high as 1,882. The
      Reuter  -  312 words
    • 103 10 JUNE 16 C$ Imp Oil Inco 1rrt Pro* Pip« 38* 19 43* lu Inti 22* Kttr Add 15* Lobtow B 12* unch Bonk Novo Scoho 15* 37* unch Mossay Fcrg Mc BkxM 4* 36* 29* unch 1 Bp Ratourcn Bf oscon O A 29* 25* 18 Moor* Cp Norondo
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    • 179 10 JUNE 16 IJU 3 Un Sim4 60 1150 unch -50 A Alpha Abwcom 950S 210 1050 MININGS 4250 -150 410 -5 4000 -25 1750 -100 1675 40 BuH«H 8025 275 2575 -25 1575S 230 Cora Gold 2950S 400 uncfa ***** D« B««n 2640 -85 150 +10 5375 -225 530
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    • 671 10 JUNC 16 US$ AJcon AJurrwi AJcoo Aieg Mi AM Stg AM Stores Afts-Cholmert Am Brandt Inc Am Con Co Am Cyanamd Am Elec Pwr Am Express Am Horn# Prod Am Moton Cp Am Tel Tel Amox Inc Amorodo Hess Amoco Corp Amr Cotp Aimco kic Asarco Inc AH
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    • 883 10 Amsterdam JUNC 16 Fk AflN 582 50 7 5 AagoO Ahold Akio Airanto AM£V 113 90 88 60 171 20 151 90 82 20 107 ta Z9 +09 09 02 17 1 1 ***** unrti B*rVc( 38 00 ***** unch 7 Buehrmon Tettaroda 180 SO 645 X 05
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  • Page 10 Advertisements
    • 214 10 V ii m,t* u* wise, «Uu« ad «otU Mk Happy Hour at the Treetops Bar Barons Tavern if L i* r P an* 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 Tavern daily.
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    • 196 10 It could only happen at Hotel Miramar... 8 ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00* (except premium brands) served daily from 4pm to 7.30pm. Delicious natural air-flown oysters or our select
      196 words
    • 77 10 SecCzfel. IT* A I Mi LLiid R Jjfll with a delicious spread of ever twenty delightful dishes and dessertsi Lunch: 12 to 2.30 pm (every WW) at Terrace Garden Coffee House 181 Kitchener Road. Singapore 0820. Tel: *****22 Sett* 1 Tea/Coffee Pastry or Dessert of the Day Ice Cream or
      77 words
    • 159 10 z V/', at the FURAMA 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
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    • 94 10 London stocks on page 15 ®WNCE HOTEL •WWWiI Managed by Prince Hotels japan Continuing the Princr Hotels tradition of friendly service 270 Orchard Road, Sin(ppore 0923 Telex; RS ***** HCROWN Cable CROWNHOTEL Fax *****18 Tel: *****11 JUNE Happenings at Claret Grill 1 m > r Daily Specials Come and have
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  • ASIAN STOCKS
    • 353 11 HONGKONG: Share prices closed firmer in fairly active trading yesterday as some overseas investors, mainly from South-east Asia, showed fresh buying interest. Blue chips were actively traded and brokers linked this partly to attempts to squeeze the short positions on the stock index futures market. The Hang Seng Index
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    • 243 11 JUNE 17 Al Sincere Indus MT 2.11 unch -02 -0.1 +0.2 -05 Kokn Kuochan Dev Lh Chang Yutn 28 70 23 50 36 30 -05 -07 0.2 Cathay Con* Chang Hwa Bank 32.00 4500 25 40 Lion Hwa 1rxfejs Nan Va Ptas 13 40 38 90 21 80 -03
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    • 366 11 TOKYO: Prices drifted lower yesterday on scattered profit-taking in light, featureless trading as many market participants became cautious about the speed of previous price rises. The market average lost 109.71 to end the day at 17,075.89 after falling 20.37 on Monday. Turnover, at 600 million shares, was lighter than
      366 words
    • 73 11 JUNE 17 Pmoi MarstMi Onantol B AcOf« Mining PW Ov«rs«as 0.013 unch Anglo PhJ PMcx B tjnch PLDl 106 -1 Altos Con. 6 Boguo Gold 0001 unch San Migud B Basic Pctroiaun 0 003 0 0002 S«ofron» 0 0065 unch Banguct Con. B 86 1 Sim* Doiby 9.60 unch
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    • 383 11 SYDNEY: Australian share markets continued their slide yesterday and closed easier across the boards, dragged down by a weakening industrial sector and profittaking among gold stocks. Near the close, the All Ordinaries Index had eased 11.9 to 1,197.2 and the All Industrial Index 15.0 to 1,904.6. The All Resources
      383 words
    • 98 11 JUNE 17 Won 1890 Kangwon IrxJ (CIA Motor 1366 1958 2280 26 70 100 Do«*m Ind 545 1210 +5 15 16 +8 -15 +70 10 +27 -8 30 •1 Korea Long-Twm.... Lucky Ltd 910 1479 10 19 Ooewoo H*ovy Dong Ah Phor Dongbu St*«4 Dong Suh Stock 1615 848
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    • 128 11 Reuter BANGKOK: The Securities Exchange of Thailand Index dipped 0.11 to 127.68 yesterday. Turnover amounted to 268,238 shares valued at 56.5 million baht. Reuter JUN£ 17 MM* SerrraiA Stom Cament 461 MJH> unch Asia Ffcre Ayudhyo Investment Bongkok Agro-lnd 130 28 25 174 -7 0 75 Siam Citizens Leasing
      Reuter  -  128 words
    • 60 11 Reuter SRI LANKA's biggest fertiliser plant is to be sold or leased to the public. A Finance Ministry official said the state-owned plant, which began production in 1982, was no longer viable and had been shut down since last October. Built at a cost of
      Reuter  -  60 words
    • 559 11 Reuter THE GROWTH of Japanese car sales in the US over the past several years has been steady, and analysts predict the carmakers' stocks will grow more visible and popular with American investors as financial markets become more internationalised. Though the earnings outlook of Japanese
      Reuter  -  559 words
    • 138 11 Reuter TWO THAI business groups planning to buy equity in troubled First Bangkok City Bank Ltd have withdrawn their investment proposals, jeopardising the bank's chance to improve its position through a capital increase. Banking sources in Bangkok said the Osathanugrah and Kannasutr groups failed to
      Reuter  -  138 words
  • Page 11 Advertisements
    • 542 11 ti 421 i i J ir.P '^zyv% ASEAN BUFFET June 15 30 11am to 2.30pm 6.30pm to 10.30pm Adult: $14 Child: $10 SPECIAL FEATURE Friday Vogue June 20 &27 Showtime: 1.15pm LEVEL 4, Paramount Hotel, Marine Parade Road, Singapore 1544. Tel: 344-5577 Meals at Cafe De Grand are twice as
      542 words
    • 195 11 iver House fine food restaurant it 42, Boat Quay/39, Circular Road Singapore 0104. (opposite OCBC Centre) Te1:*****22,*****65 Hidden Treasure* by Singapore River Come and Discover for younelf Economic Meal $50 for 4 persona Ifcs Dm 1 r IVver Homt hours: MON-SUN nam 3pm 6 pm 10.X pm after l' AIL
      195 words

  • RAW MATERIALS
    • 545 12 MBT THE KUALA LUMPUR Tin Market, the only official tin market in operation now, is to undergo important changes. It is likely to be opened to a wider clientele, to accept non-domestic tiji, especially Indonesian and taiai brands and allow reselling of tin. Malaysian
      MBT  -  545 words
    • 305 12 Reuter THE STATE of emergency declared last week has deepened uncertainty over the future of the vast mineral wealth which helped put South Africa among the richest countries in the continent. With the rand "bouncing around" and the prospect of extensive unrest marking the June
      Reuter  -  305 words
    • 292 12 AFP THE MALAYSIAN government is planning to extend soft loans to the country's tin industry which is hit by depressed prices and the collapse of the International Tin Council (ITC) last October. Primary Industries Minister Paul Leong said yesterday that a
      AFP  -  292 words
    • 151 12 Chinese Produce Exchange Setter*' noon closing prices on June 17 (S$/100 kg). Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW 480 00 1355 00 1256 00 Coconut oil 48 00 61.00 Gambier Bufc Foe OkJ drum FOB FOB NSW 330.00 New drum FOB 65 00
      151 words
    • 203 12 SOYBEAN FUTURES on the Chicago Board of Trade turned lower on Monday after mid-session and closed unchanged to 1V« US cent per bushel weaker in uneventful trading. Spot July ended at U555.26V 4 per bushel after trading in about a four-cent range. Prices drifted on both sides of unchanged
      203 words
    • 151 12 Reuter INDONESIAN gold production will rise to three tonnes in calendar 1986 from about 2.5 tonnes last year, according to a mining and energy ministry spokesman. He said Freeport Indonesia Inc, a subsidiary of New York-based Freeport Minerals Co, will produce 2.2 tonnes from its
      Reuter  -  151 words
    • 73 12 TIN PRICES on the Kiv la Lumpur Tin Market dropped IS eeats te M114.K per kg yesterday after opening rkaagnd Dealers said tke price fell ea reserved baying fells wing Msnday's sobstaattal eeveriag. Tarasver fell ts 71 tsaaes from its teaaes ea Meaday with scattered baying frsm Malayslaa
      73 words
    • 171 12 MALAYSIAN crude palm oil prices closed higher yesterday on late covering activity, supported by a rebound in palm oil futures. The market was uncertain initially, with no fresh factors and lower overnight Chicago soyoil futures dampening sentiment. Interest remained centred on June deliveries. North region firmed M 512.50
      171 words
    • 831 12 COFFEE Robusta futures moved away from earlier afternoon session lows towards Monday's close on light short-covering, but still ended with losses of £31 to £45 a tonne. Bearish fundamentals and technicals prevailed throughout a generally quiet session, with the market sinking to its lows in the afternoon in
      831 words
    • 329 12 SINGAPORE The market closed slightly lower yesterday with July One RSS buyers quoted at 168.00 cents per kg, down 0.25 cent from Monday. The morning session gained 1.25 cents on nearby short-covering in moderate trading with higher Tokyo advices aiding sentiment. Prices held steady in early afternoon dealings but
      329 words
    • 270 12 RAS prices in S cantt/Vg, FOB h ohs NOON CLOSE Ruy«rt r -m MMn IvyVft r m Jtwtn Irtt 1 RSS Prompt 170.00 171 00N 168.75 169 75N Int 1 RSS July 86 169 50 170 00 168 00 168 50 Int RSS Aug 86 170.25 170
      270 words
    • 95 12 (cents/kg, 1-ton poltots) jy^y AUGUST 86 (current month) (forword month) NOON NOON RAS Buy,,! Sdart Sgim SSR 20 159 50 161 50N 160.00 *****N SSR SO 156 50 158 50N 157 00 159.00N MRELB Bur** S||m ky* C -i» SMR CV 219 00 221 00N 220 00
      95 words
    • 235 12 WHEAT FUTURES on the Chicago Board of Trade closed mostly lower on Monday after trading weak most of the session. Prices ended 2Vi US cents a bushel lower to unchanged in quiet dealings. Reports of active harvest progress in spite of rains in some southern growing areas depressed values
      235 words
    • 66 12 Bangkok (USVtonnc, FOB) Broken Rice A-l Super A-l Spectal 118 115 White Rice C-l Special unq 100% 1st class 100% 2nd ckiss 245 220 C-l Ord Loonzain Rice unq 100% 3rd class 215 100% 1st grode unq 5% 10% 205 200 100% 2nd grade 215 100% 3rd grode unq
      66 words
  • Page 12 Advertisements
    • 550 12 THE BANK OF EAST ASIA LIMITED 10, DES VOEUX ROAD, CENTRAL, HONG KONG Carreat, Depestt aai Other t u including inner reserves and provisions Eagagemeat m betel! ef CURRENT ASSETS Cask la bad aai B 13,613,849 47,212 1,037,613 15,C3^f» mils Receivable Seearltles < er Gaaraa teed by, the Heag Keag
      550 words

  • SHARE INFORMATION
    • 4170 13 PURCHASE ORDERS flooded the Singapore stock market yesterday causing most share prices to finish sharply higher on improved volume. All sorts of players were in the market yesterday, said brokers, and they include the Central Provident Fund account holders, cash-rich individuals, and local and
      4,170 words
    • 242 13 GEUi g Ktntvay ape Sfora Laa4 baton S0< S P H OSS hrt Waa4 S P Tart* 0 C C Ciritii 90t N S T Hat Itm Mm Tiucl—t SINGAPORE RiMt Ind 1500 +50 TCI-mii« 259 +9 rMot. 334 +24 fTOt/OS 228 22 ITCAIM 700 20 IT
      242 words
    • 3690 13 BID and offer prices officially listed and hurt»— in and reported to the Stock Exchange of Singapore yesterday with the number at shares traded shown in brackets in lots at 1,000 units unless otherwise specified AD Time Settlement Contracts are quoted after the word "SETT".
      3,690 words

  • COMPANY NEWS
    • 914 14  -  Measures to rationalise operations are taking effect By NAJEEB JARHOM RETAIL GIANT Metro Holdings is confident of posting improved results in the current financial year as measures taken in the past two years to rationalise its operations and cut costs are beginning to show results. In
      914 words
    • 422 14 MBT INTERNATIONAL accounting firm Coopers and Lybrand has been appointed provisional liquidators of Malaysian Overseas Investment Corp (MOIC), the Malaysian government-spon-sored company formed to help boost Malaysian exports and establish private sector ties with other developing countries in the South. It is understood that
      MBT  -  422 words
    • 2438 14 MDUSTRMLS Aetna (xd) Ajinomoto (3006) (3) 302 (2) 300 Amd (3065) Alcorn (765) (15) 77 (13) 78 (14) 79 (6) 78* (6) 80 (9) (9) 76 (2) 75 xri AISB (645) (6) 61 (23) 63 (1) 64 (I) 64 AM (926) (122) 93 (141) 94
      2,438 words
    • 266 14 Managers' prices for June 18 MARA-Bumiputra Frst B'putro 4 42 4 47 Singapore Unit Trust Second B'putro Thrd B'putro Fourth B'putro 414 4 19 3 19 3 24 The Commerce 0.85 0 90* 3 52 3 57 The Savings Fund 0.75 0 80 Fifth B'putro Sixth B'putro 2
      266 words
    • 116 14 HONGKONG Hongkong Index Tuesday 1113.77 Monday closed Week ago 1091.97 Hong Seng Index Tuesday 1789.34 Monday closed Week ogo 1751.36 All Industrials Tuesday 1904 6 Monday 1919.7 Week ago ***** NEW YORK Dow Jones Monday 1871.77 Friday 1874 19 Week ago 1,840 15 TOKYO Nikkei Average Tuesday *****
      116 words
    • 546 14 NST THE PAN-ELECTRIC shock and the resulting stock market crash has generated keen interest among the Malaysian public on how institutional investors invest their funds during the current turbulent times. Of major interest is the Employees Provident Fund (EPF), whose newly revamped management
      NST  -  546 words
    • 211 14 COLD STORAGE Hidings PLC: AGM at Mandarin Court A, 4th Floor, The Mandarin Hotel, 333 Orchard Road, Singapore 0923, today at noon. DAYAPI INDUSTRIES (Malaysia) Berhad: 2nd AGM at Room Ming 3 4 4, Ming Court Hotel, Kuala Lumpur today at 11am. DUTCH BABY MILK ladastrlea (Malaya) Berhad:
      211 words
    • 508 14 BUYERS held the upperhand again at the Kuala Lumpur stock market yesterday but the uptrend was hampered by profittaking. Although gains were generally small, scattered double-digit gains were registered. Some succumbed to the profit-tak-ing and closed in the minus territory. The official scoreboard showed 106
      508 words
    • TAKING STOCK...
      • 813 15 HOCK LOCK SIEW FIGURES RELEASED by the Central Provident Fund Board on Monday on the amount of money taken out in May by members for investment in stocks under its Approved Investments Scheme (AIS) must have come as a surprise to
        HOCK LOCK SIEW  -  813 words
      • 536 15 TWO HIGH PROFILE businessmen from this part of the worid are making headlines in the City of London. Billionaire hotelier Khoo Teck Puat, who pulled off a coup last year by acquiring a strategic stake in British financial services group Exco International, is in the
        536 words
    • 753 15 SHARE PRICES in London opened mixed yesterday in slack trading but dealers noted a slightly firmer bias despite Wall Street's lower performance overnight. INDUSTRIALS Jun 16 Pence Aftcd-tyom 335xd unch AM DO«I« BTR PLC 3IOxd 5 Bobcocks 165 3 Barclays 487 3 Beechom 386 -4 HCC 300 •3
      753 words
    • 612 15  -  By AMY CHEOK SYDNEY-BASED Malaysian businessman Mr Lee Ming Tee has been identified "as one of a number of people who has expressed an interest" in helping Standard Chartered PLC ward off a hostile takeover by Lloyds Bank. Mr Lee, currently in London, is said
      612 words
    • 203 15 THE JACK CHIA group, which recently acquired a block of 6.2 million shares in Haw Par Brothers International Ltd, has disposed a small portion of it last week, making a tidy capital gain in the process. Haw Par said in a statement yesterday
      203 words
    • 78 15 THE REGISTERED office of Singapore Press Holdings has been changed from Times Centre, 1, New Industrial Road, to News Centre, 82 Genting Lane, with effect from June 12, 1966. DUFF DEVELOPMENT Bkd has cancelled the agreement to buy 325,000 M$1 shares in Makissa Management Sdn Bhd from Hock
      78 words
    • 568 15 UNITED ENGINEERS Ltd has told shareholders that the implementation of proposals for the financial reconstruction of ailing United Engineers Malaysia Bhd may mean that the group's earlier provisions of 5539.9 million against inter-company debts owing by UEM could be excessive.
      568 words
    • 232 15 BERJAYA CORP (M) BHD and Palmco Holdings Bhd are expected to borrow Ms2B million and Ms2o million respectively to part-finance the acquisition of substantial stakes in each other. In reply to queries from the Kuala Lumpur Stock Exchange, Berjaya said the Ms2B million borrowings from the
      232 words
  • Page 14 Advertisements
    • 387 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. NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION 2*>(2Xb) AND
      387 words
    • 282 14 IN THE MATTER OR THE COMPANIES ACT, CAP. 1M AND IN THE MATTES OP ESTATE MANAGEMENT SERVICES (PRIVATE) LOOTED (lieirpmM la Btagapare) (la members' vatautery wtatfagap) At an extraordinary general meeting of ESTATE MANAGEMENT SERVICES (PRIVATE) LIMITED duly convened and held at 116 Middle Road, #08-01 ICB Enterprise House, Singapore
      282 words
    • 38 14 New Revised Edition Over 4000 key words, principles and techniques of management practice are defined Coverage extends to include law. economics, statistics, government and psychology. Explanations are clear, and concise Available at all good bookshop* £"£laa»:a:7.T, wrrW E
      38 words

  • Page 15 Advertisements
    • 74 15 THE SANWA BANK LIMITED SINGAPORE BRANCH U5530,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 18th December 1987 Retractable to 4 years on 18th December 1986 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 18th June 1986 to 18th
      74 words
    • 244 15 L< FTim uTMiTTiTrA ■■>••. H'. > You are pampered by the airline. Covered by charge cards. Protected, to an extent, by insurance. But who's providing the first rate medical attention? As a corporate or individual traveller, Mediplan International SOS Assistance offers you a comprehensive health plan that goes with you
      244 words

  • 324 16  -  Big increase in number of hotels to blame, says former chairman By CHUANG PECK MING HOTELS WILL BE only half full in the next four years, the Singapore Tourist Promotion Board has forecast. This compares with the current average
    324 words
  • 223 16 THE MEDIA WORLD was reminded yesterday that newspapers represent the primary medium for advertising. The message came from the pnanaging director of Ogilvy and Mather, Mr Rod Pullen, who said: "It is easy for us to forget that newspapers are still king." Newspapers had
    223 words
  • 158 16 Reuter CHINA has pledged to give no substantial support to the outlawed Communist Party of the Philippines. Philippine Vice-President Salvador Laurel said in Beijing yesterday that Chinese leaders had assured him that fraternal greetings between the two communist parties were not meant
    Reuter  -  158 words
  • 460 16 THE GOVERNMENT, which has invested a total of $1.7 billion in Changi Airport, is to spend another $1.2 billion to expand and upgrade the facilities for the next decade. Dr Yeo Ning Hong, the Minister for Communications Information and Second Minister of Defence,
    460 words
  • 144 16 AFP THE SOUTH KOREAN government is considering a North Korean proposal for top-level military talks between the two sides and the US. The proposal was made in letters sent yesterday through the truce village of Punmunjom to General William Livsey, the commander of
    AFP  -  144 words
  • 168 16 Reuter INDONESIA'S army chief said yesterday that the main threat to the country's security was now internal and the armed forces were being revamped to produce a fighting machine capable of responding to any danger. Outgoing army com- mander General Rudini admitted that
    Reuter  -  168 words
  • 337 16 AFP THE MINNESOTA-BASED Car gill Trading House has reached an understanding with Jakarta to promote Indonesia's non-oil exports to Eastern Europe. Franky Welirang, an official of Cargill's local counterpart, the newly-es-tablished Rexford Pratama Enterprise, said in Jakarta yesterday that his company would form a
    AFP  -  337 words
  • 101 16 Bernama ASEAN should look towards its South Asian counterpart, the South Asian Association for Regional Cooperation, or Saarc, as a potential market and mutual business partner, Pakistan's ambassador to Malaysia, S Azmat Hassa, said in Petaling Jaya yesterday. He said the tremendous potential of
    Bernama  -  101 words
  • 331 16  -  By FOO CHOY PENG Chief Reporter INTRACO will soon lose the last member of its pioneering management team with the resignation of Mr Charlie Phua as deputy chief executive officer. His letter of resignation, which was submitted to the board on
    331 words
  • 141 16 MR PY HWANG, Temasek Holdings' deputy chairman, has been appointed to the board of Keppel Corporation following the resignation of Mr Yap Neng Chew. Keppel Corporation, according to chairman Sim Kee Boon, will benefit from Mr Hwang's wealth of experience. Mr Hwang, 50, was the Economic
    141 words
  • 105 16 UPI CHINA may begin work on the world's biggest hydro-electric dam within five years and is studying plans to relocate 330,000 people who will be displaced by the mammoth Yangtze River project, the China Daily newspaper said yesterday. An official of the newlyformed Three Gorges Development
    UPI  -  105 words
  • 91 16 Reuter COMEX GOLD futures rose US$2.OO on bargain hunting demand yesterday morning after Monday's substantial drop on news that the Soweto demonstrations were controlled. August delivery gained US$2.OO at U*****.50 an ounce, recovering part of Monday's loss of US$ll.OO. Silver futures edged up 2.5 cents on
    Reuter  -  91 words
  • 74 16 Reuter WALL STREET stocks pushed higher in moderate trading yesterday, amid new indications of a weak American economy. US housing starts fell 7.4 per cent in May, a bigger drop than expected. The latest indication of a sluggish economy raised hopes for a discount rate cut. The
    Reuter  -  74 words
  • LATE FILE
    • 57 16 AP THE EUROPEAN COMMUNITY yesterday affirmed in Luxembourg its commitment to joining a new round of global trade negotiations as early as September. It also reiterated that no new trade concessions that emerged from such negotiations should be granted to Japan unless it made
      AP  -  57 words
    • 48 16 Reuter PHILIPPINE Vice-President Salvador Laurel said in Beijing yesterday that he would be a candidate for president in future elections if nominated. He said it was important f<x- elections to be held as soon as possible to encourage stability in the Philippines. Reuter
      Reuter  -  48 words
    • 60 16 Reuter US AND SOUTH KOREAN officials will meet to try to resolve trade disputes between them. Trade Ministry officials said in Seoul yesterday that Allan Wallis, US Under-Secretary of State for Economic Affairs, Bruce Smart, US Under-Secretary of Commerce for International Trade, and South Korean
      Reuter  -  60 words
    • 51 16 UPI THE US AMBASSADOR to the UN, Vernon Walters, yesterday defended his country's decision to oppose stricter sanctions on South Africa. He said in Canberra that the US had not changed its position because history has shown that sanctions had not worked well in the past.
      UPI  -  51 words
    • 55 16 AP PRESIDENT Reagan has rejected as premature a request for US diplomatic recognition by Afghanistan guerrillas, who plan to proclaim a government in resis-tance-controlled areas of their Soviet-occupied homeland. A four-member delegation of the Alliance of Afghan Unity sought recognition during a meeting with the
      AP  -  55 words
    • 64 16 Bernama THE MALAYSIAN Health Ministry yesterday ordered that all children's aspirin and children's preparations containing aspirin be immediately withdrawn from the market. Director-General of Health Tan Sri Dr Abdul Khalid Sahan said that aspirin was being withdrawn because recent studies suggested a possible link between
      Bernama  -  64 words
  • Page 16 Advertisements
    • 249 16 EQUIPMENT FOR SALE TWO UNITS OF OMAC PEINER TOWER CRANES MODEL MK 80-25-4515 INTERESTED PARTIES, PLEASE CALL *****63 <vH A lot of property developments look good on paper. But never this good in practice. Or this easy to purchase. Buy a whole suburb of Brisbane, Queensland, Australia. If you think
      249 words
    • 7 16 More private tourist spots nssdsd, Pago 2
      7 words
    • 165 16 Hot Spicy Buffet At The Terrace. THE HEAT IS ON! For those era v for sambals, chillis and all things spicy, here's one promotion you shouldn't miss "Hot Spicy" Buffet promotion at The Terrace. For a start, try the yoghurt with mint onion and chilli, a dish with a savoury
      165 words
    • 0 16
      0 words
  • Page 16 Miscellaneous
    • 58 16 mama Outlook for todoy: Cloudy throughout with showers in several areas in the late morning. Rep art for 24 hours prior to 7.30pm on June 17 at the airport: Maximum temperature 31.6 Associated humidity 65 Minimum temperature 23.5 Associated humidity 98 Hours of sunshine 4.75 Roinfoll in millimetres 0.6 Roinfall
      58 words

  • SHIPPING TIMES
    • 443 17  -  Container Terminal is expected to achieve 1.79 m TEU By JUNE LIM THE PORT OF Singapore Authority has revised its growth projection following a hefty first quarter improvement in container traffic. The Tanjong Pagar Container Terminal handled 474,200 TEUs in
      443 words
    • 252 17 Bernama THE TEAM investigating a fire on board a Japanese tanker under repair at the Malaysia Shipyard and Engineering (MSE) dock in Pasir Gudang will take about a week to complete its report, MSE deputy public relations manager Mohamed Turee Hasbullah said.
      Bernama  -  252 words
    • 133 17 PM O withdraws service between FE and Micronesia SEVERE undercutting has caused the PM O to withdraw its feeder service operating between the Far East and Micronesia. The 330-TEU Concord which was used to service the trade has been returned to its Japanese owners. The San Franciscobased company says that
      133 words
    • PORT SIDES
      • 61 17 DOCENAVE HAS sacked 24 officers and seamen from the ore/oil carrier Docepolo after they refused to sail the vessel out of the Gulf. The state owned operator had offered the crew a bonus to sail the ship from Ras Tanura through the Strait of Hormuz, but
        61 words
      • 108 17 AMERICAN President Lines has introduced a fixed day, fortnightly container service between Muscat, South-east Asia, North Asia and North America. Under the new schedule, Mr Joaquin M Montalvan, APL's managing director of the Pakistan/Middle East region, says one of four APL Seamaster-class container ship
        108 words
    • 1268 18 CHARTERING WAS mainly confined to the sugar and timecharter sectors of the freight market on Monday with fresh feature slow to emerge, shipbrokers said. Sugar shippers arranged cargoes from Salaverry to the US Gulf at 512.25 with other discharge options and from Maputo to London at £13.25. They
      1,268 words
    • 724 18 Reuter FRANCE'S shipbuilding yards, for years kept alive by state handouts, may be the first victim of the new right-wing government's drive to free itself from declining industries. The administration which came to power last March says it is reconsidering heavy shipbuilding subsidies, and
      Reuter  -  724 words
    • 288 18 THE Ville de Jupiter Bremen Vulkan's answer to the "Ship of the Future" vessels being built by HowaldtswerkeDeustsche Werft at Kiel will begin operating this month. The 22,500-dwt multipurpose/container vessel the first of the Econprogress BV 1600 series has been chartered
      288 words
    • 848 18 AFP IN SHARP contrast to the buoyant conditions prevailing on the tanker charter market, rates dropped to their lowest level for eight years in places on the dry cargo market over the past week. On the key grain route out of the US Gulf to Japan, a 48,000
      AFP  -  848 words
    • 861 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Aqua Lines X 2 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL
      861 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. AMRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • 384 19  -  By Kingsley Wood AUSTRALIAN shipowners could be offered financial incentives to help reduce the nation's balance of payment problems if agreement could be reached with unions for more competitive and efficient operations, Australia's Transport Minister Mr Peter Morris said. Speaking at
      384 words
    • 403 19 Lloyd's List A US$45 MILLION deal that could lead to the sale of six reefers once owned by Salen, the bankrupt Swedish shipping group, is close to completion. Mr Mats Ruhne, once head of Salen Reefers, is expected to
      Lloyd's List  -  403 words
    • 94 19 International Transport Journal BLUE STAR Line, which has been operating in the New Zealand trade for more than 50 years, has added a third vessel, Konkar Poseidon, to the service between New Zealand and the North American west coast. The newly-assigned vessel is primarily a
      International Transport Journal  -  94 words
    • 272 19 Lloyd's List THE NUMBER of oil-bulk-oil combination carriers now regularly engaged in shipping oil cargoes has topped the 50 per cent mark for the first time in 10 years. More than 160 OBOs carried 011 during May and market sources
      Lloyd's List  -  272 words
    • 169 19 A TECHNICAL co-opera-tion agreement has been reached between Lloyd's Register and NV tot Keuring van Elektrotechnische Materialen (Kema) of the Netherlands in the fields of research, analysis, industrial inspection and testing. The pact allows the two organisations to offer national and international clients
      169 words
    • 162 19 AUSTRALIAN NATIONAL LINE may be forced to pull out of the Anline service to East Asia unless agreement can be reached with unions on manning levels. Efforts by the line last year to replace the withdrawn ro-ro Australian Enterprise with the A
      162 words
    • 4884 20 ATOLLS A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at
      4,884 words
    • 941 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location RR Ratna 65S 18.6 86 1600 Jardine F7 0700-0800 F3 Oasis Affair 05/562 18.6 86 1900 Borneo F1 0900-1100 U4 Plata 32N 18 6 86 2000 Borneo Fl
      941 words
    • 473 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 18 6/0400 Equator 5 K23 Thong Soon alongside Kota Ratna K31 PIL alongside 18 6/2300 Seree 2 K30 Lion Huat alongside 186/0600 Trans Hav K09 Barber alongside 18 6/0300 AK reliance KI8 Kim Shpg 18 6/0900 196/1500
      473 words
  • Page 17 Advertisements
    • 750 17 iiamlu'is V «»I W3 M 1' >11.i{ mm 'f Aa#nk lANDRE SMTMC MOCKS (Reg Hi 247*4/ OK) rygKiz 70 Sh«,| on Way #04 03 Manna House S<ngapo<e 0207 «SKJ/ Tel *****11 TELEX NO RS 2417) H prmvi CFS OFFICE TPC #03 029 Tet *****31 and *****32 LWJ lerminal ottice TPC
      750 words
    • 67 17 FRANCE'S shipbuilding yards, for yeors kept alive by state handouts, may be the first victim of the new right-wing government's drive to free itself from declining industries. Page II AUSTRALIAN shipowners could be offered financial incentives to help reduce the notion's balance of payment problems. Page 111 Index to advertisers
      67 words
    • 966 17 .11.• A THE HEART OF THE ;7:T«T*77I MAERSK LINE FAST TRANSIT TO MIDDLE SINGAPORE/DUBAI 8 DAYS SINGAPQRE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS Vmwl Voy 5> pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA 20/7 20/7 2/0 i/t io/o 23/1 30/0 To PNW Whl Canada US
      966 words

  • Page 18 Advertisements
    • 261 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Feeder at Kao Pacific North West Feeder at Kao Atlantic/Canada Feeder at Nagoya IPTTTTTMIT" TiTM I IBiiiiwi 'wll I II MB'iMB'iMM Ml IiMI M 11 Ml 'iMI 'iM ■'l';,"!'" MIIfITMITM HUBIE'' i"'wnwmin« Also accepting LCL Cargo for USA Port*. Portland via
      261 words
    • 206 18 B Supercarrier Service TO: PANAMA US WC/EC/BULF E. CANADA CARIBBEAN C. AMERICA '"Mi 1 Sairfl SjM 2S/« 24 24/t I 30/S 11/7 10-13/7 10/7 */7 25-21/7 1/1 K/7 11/7 21/7 4/1 12/1 14/1 15/1 21/1 W/» 2t/t 29/1 3/» V» 13/9 11/1 14/J U/» 21/J Ah* accepteig conln tar Haste*
      206 words

  • Page 19 Advertisements
    • 656 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [»i .U a J--: >, CONTAINERSHIP SERVICE TO UK CONTINENT StM HW( n/7 11/7 17/7 IJ/7 25/7 27/7 91/9 13/1 U/l U/» U/l lt/t 23/1 25/9 31/1 92/9 •7/)
      656 words
    • 523 19 Franco Belgian Services fOp i r I nn. h r\ i< «if h X, ;i.i» (.if t .i»f.-rn m<MEMBER OF ACE CONSORTIUMS CHARGEURS HAVRAISE MEDEX LINE If: V- 1. 'li'l i'.IH. Mr (MEB CLUB MEMBER) OCWLO MUBlf MM 22 M I M 11 M 12M JJJj NMUTA MM MM I
      523 words
    • 165 19 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Dong Ya Tankers (Pte) Ltd of No. 1, Playfalr Road, Singapore 1336, hereby give notice Uiat In consequence of our Intended purchase, we have applied to the registrar of Singapore ships, under section 417, of the merchant shipping act (Chapter
      165 words

  • Page 20 Advertisements
    • 727 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS Wand haulage to inland destinations in Europe TO EUROPE/MED S port PKeianf Peiunf leinnßfeao 6«noa Hbw( I dam Shaven Inp MWNGa UNO 23 6 25/6 20/7 24/7 27/7 BN YOUNUS 2/7 4/7 4/1 25/7 2/1 M. MUBNMXUH 9/7 11/7 13/7 7/1 23/1 U/l 19/8 12/1 FROM
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    • 100 20 sewn seas noa ssc MJtCATOR IK C. R. TOKTO CWU CONTMCK 35£ P KMjnj Spirt HKwf turtu Buun laky* (26/6) 24/6 28/6 29/6 2/7 7/7 3/7) 1/7 5/7 6/7 9/7 14/7 (10/7) 8/7 12/7 13/7 16/7 21/7 (17/7) 15/7 19/7 20/7 23/7 28/7 FUIIY CONTAIN! RISED 10 PROM NORTH AMERICA
      100 words
    • 746 20 /XL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** i ASH RN c \R i INI k. i 11). SPECIALIST IN RO-RO HEAVY LIFTS SERVICES fljEEEEfil FROM JAPAN V«MI Sporf PUKm, PMNCf MAW Ha l V7S Saied 9XI NAGOYA *40 soil KOCH MS
      746 words
    • 448 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) CHS 2/1 Ettß GfTED 24/4 15/7 17/7 19/7 28/7 21/7 29/7 Jl/7 2/1 EVER LOAOBK 1/7 li/7 22/7 21/7 25/7 24/7 VI 5/1 7/» EVER GENTLE J/7 27/7 29/7 11/7 l/» 2/1 11/ l 12/1 14/1 no
      448 words
    • 209 20 V( US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKatanc lea** Mr Sun Flores 3/7 Lae. f. Moresby, Honiara, Papettee. Nauru Oceania Courier 1/1 JayapMra. I*. f Moresby. Honiara. KieU. Rabat KB SUN UNION LINE
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  • Page 21 Advertisements
    • 841 21 x PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA SMGA MAJAPAMT OOWA SIN JKT SBY SIN HKQ KAO *TCH KEE BUS *MUR *HTC YOK KOB KEE In Pt 20/6 22/S 20/0 SO/0 1/7 1/7 4/7 0/7 0/7 0/7
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    • 816 21 BEN LINE CONTAINERS EXPRESS CONTMNER Tata [iprns TO UK/CONTMENT EXPRESS CONTAMER SERVICE FROM IK/CONTMNT hmi rmnriMH mm stor pjiam sto* for aty M IMHnk M M SjM SM 21/1 22/6 mt. TW Frartvt Uprtn IMIM WIMhM IM 34/6 MS. I* Trta Eipms SjM SjM SM bM bM 1/7 J/7 ICS.
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    • 533 21 DJASAQETRI A Joint Europo Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYO P.T. SMMBOU IHiIH P.T. TIIKOIA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE S*pvt Hkt9 -tMTMJUr Vl5-NB 24-21/1 24/7 fMUBANC' V5-WB 3-5/7 STOW BUM it«- mm i«-u/7 t/t HUT AT IMS Subioct to STCH BKkE n-»/7 a/t ■DDI
      533 words
    • 371 21 BOUSTEAD SHIPPING AGENCIES "BASSE* V7I PA-AA V97W NfiM VI WW V* BURMA FIVE STAR (Burmese National Una) Loadnf for Ranfoon S pore Pl** Pnani la*** 24/25 km 1/3 M 21/29 Mi l/l M 4/1 M 1/3 M BANK LINE EXPRESS SEH-CONTAOO NMTWODTOUKC SPORE ROAM CLYDEBANK VI7N hW 11/7 IVTBMK VIM
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  • Page 22 Advertisements
    • 1202 22 \.*:"K"line t f a t a n vr tr v n tf i tmr a T rT^T~X KAWASAKI KISEN KAISHA, LTD. The World S«rvic«) USA CANADA 0. KMGHT V 27 N. GARNET V 4 0. FREEDOM *9 F M. BROS V23/G.N. BROGE VI PACIFIC COAST PACIFIC SOUTH WEST PACIFIC NORTH
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    • 730 22 SJ ait SU AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Feeder PRetinf liner Vessel Spore Mett htm Sydn Also Accepts CHANOCAS V7O 25 lan 10 M 18 M 16 W Add/Ins CAIABARV26 28 lan RAMOAS *32 10 M 25 M 3 Au| 31 M Met Bm AABROAS" V 29 74
      730 words
    • 633 22 GOLDEN LINE GUAN GUAN SWUNG (PTE) LTD 21, TM AT* S*W4 sMCAfon iio4 ra smjmi at uni STRAITS/PERSIAN GULF SERVICE: GOU» Cm Colombo Much./*WMt Dvb* GOLDEN mm CokMnto/Kjradn/o«tai/Daiia 27/» J* mm 26/6 30 6 MMa/iwwp 111 M il. VCaM P.T PERUSAHAAN PELAYARAN T KALIMANTAN N DIRECT WEEKLY SERVICE TO JAKARTA/TG.
      633 words
    • 353 22 INTRASEA (PTE) LTD.|| 10 Anson Road «27 16 International P'aza Singapore 0207 Tel *****1 1' 10 Lines) JTOAASIAUVS p BREAKBULK SERVICE TO EUROPE/UK ALPHA FAITH 88M909 NEMO CAKED *****14 ANTHPPE L *****11 S'pare P. I 22/8 hi 7/7 SETE/ROT/ANT/ UK(AVON) HOT/AWT/UK (AVON) ROT/AlfT/IK (AVON) ftfMts Sngjpae MTUSEA (TIE) lIS R.
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  • Page 23 Advertisements
    • 776 23 NEPTUNE AGENCfS PTE LTD. Td No office Ternaul CES Ft EU/MST TPA/SEA nmv vnm nam *****22 *****53 OR OKCT IMS NEPTUNE ORIENT LINES LTD NEPIME SO*. BHD 3MIM7 3UOMV *M«3 HtH2i NEPLME SDH BHD. *****71/*****34/*****3S NEPIME SON BHD **********35/*****0/*****1/6?7642 FAR -EAST/EUROPE FULLY CONTAINERISED SERVICE A member of the ACE Consortium
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    • 348 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN, INCHON Mr I Dmh/MMH ?3 6 Hi 7 Dvum/tOM 2/7 No. DmnHW 7/7 No i Ovum &0M 15/7 No I Dm/MM 23/7 No 7 Omm/MM 3/1 No Dohm/MCN 10/t No f Doium M7N 17/1 SPiWI NtPTUNF *GfNCIfS
      348 words
    • 663 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sincapore 0104 Tel: *****33 (15 Lines) Terawul Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARK*! NAH SOON SON BHD IST AND 2ND FLOOR MESSRS HAI THONG SHPfWG
      663 words
    • 44 23 Vff;/s/i#/v TSi Liise: EASTDW GLORY *-2A Safcd PI SUN HOPE V.2A SAO 22/% SCO MMtU No S V.2M 15/6 30/S rosHua v.ioa 30/« in SHBUSAWA MEISH* N.T.Y. TPTN CO. PTE LTD 37 Swnd bW 05-01 i#2 H Tta« Mfe| S>«* «M 3 7 *****4/5
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  • Page 24 Advertisements
    • 348 24 ffiMfl REGIONAL CONTAINER LINES -TO BANGKOK (5 WEEKLY SAILINGS) Mm Llj SMGAPOtt Tue/Wed Thu/Fn Sat/Sun Stt DRAGON ir TUNG HAI NO. 2 MTU KONSORTUI SEA DRAGON Tut/Ned 124-25/6 Tlw/Fri 26-27/6 [FTSFTTi EE3E523 ira'.?yiߥ^n BEIEESI EEBES23 (Dsdur(c Only) 1-2/7 Wed 2/7 4-6/7 4-5/7 6-7/7 TO SOUTH THAILAND I \l\ IL_JIL.II 1
      348 words
  • Page 24 Miscellaneous
    • 173 24 EHI Weather W JO$rn _y.» Va i w a m < i 5 4 J *S K 1 4 5® SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: CT 5 Wind direction with speed in knots Wave height R Thunderstorm Temperature c A Weother -V Wind direction
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  • Page 25 Advertisements
    • 187 25 LIZENA PTE LTD REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. ETA ETD DESTINATION IMMA BED VOT 23/86 20/6 24/6 CHT7AGONG PAS YOY 10/86 11/7 14/7 CHTTTAGONG AGENTS: SEACUPPER SHIPPING A ENTERPRISES PTE LTD 90, Cecil Street #15-01 DUNN HOUSE TEL: *****96 (3 LINES) Booking *****44/46 BATAM. DUMAI, PEKAN BARU FT. PERINTIS
      187 words
    • 269 25 INDIA STEAMSHIP COMPANY LTD. CALCUTTA EXPRESS FORTNIGHTLY CONTAINER SERVICE TO CALCUTTA ACCEPTING FCL/SOC CONTAINERS VESSEL CALCUTTA f. MUMG INDIAN COURO VOY 1 INDIAN COURO VOY 2 INDIAN COURO VOY 3 ROMN COURO VOY 4 hi Pt/12/06 16.06/16.06 23.06/26.06 30.06/30.06 07.07/10.07 14.07/14.07 21.07/24.07 25.07/28.07 18.06/19 01.07/02 15.07/16 29.07/30 Subj Inducement. Agents
      269 words
    • 635 25 6 VESSELS OF LOG CAREERS 4 5 VESSELS OF BRAND NEW TWIN DECKERS OR REGULAR LINER SERVICE FROM TAIWAN TO SHOT PORE AND W. MALAYSIA 77 BULK CARGO FROM SOUTH EAST-ASIA TO TAIWAN,' HONGKONG AND THAI AND. ABLE TO LIFT REEFER OTHERS CONTAMERS AGENT OCEAN WTI MARINE COW PTE LTD
      635 words

  • Page 26 Advertisements
    • 629 26 w lywinnmn EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TO" EUROPE 16 MAN STORE rWLMK FOR: HTIMN 13/14 M 11/12 M IS/17 M 11/19 M UK. RIM. MK. BHVN. m FU EUROPE PEMNG KUMC STORE Bangkok from MTAHN h khrt 11/19 In 20/24 hai MC. BHVN. ANP. NULL BENMIMS 3/4
      629 words
    • 472 26 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) FULL CONTAINER SERVICE TO PORT KELANG SPOOE SaM 21 turn 23/24 2) km I wy 29 km TOY NO *470K ****** V472M *207 *209 *415 VESSELS ANSON ANSON ANSON VESSEL
      472 words
    • 669 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUV CONMMMSCD SERVICE TO EUKOPC <VM SUEZ) KORtAN Ma* MM kptuk caystai 35* KOREAN CHANCI 27* 9HCH StAS BMW VS4W Sp«t 25/4 in 4/7 14/7 leMjrx Ma* Fsteat HWf Brwi Mmp U/7 15/7 17/7 U/7 24/7 22/7
      669 words
    • 1042 26 Everett Lines COMPAMA PERUANA DE VAPOHEES (CJ>.».) "PERUVIAN STATE LINE" ludNiC tor Cafeo Halfini Do tot 0 other Perunari ports oitti trjnsHipmfnt *1 Kobe On CPV Ihroufti Bitts ol lad** to Imal destination HUGHE VERFTT MANOLOEVERETT THOMASEVERETT A Peiunf* P. Ketone Swfuwt 25/20 km r r 20/21 M f "EVERETT
      1,042 words
    • 284 26 Z I M NON CONFERENCE FUU CONTMO SOOdCE accepto* Fa/La carton to USA East lint Coast. Cambtxaniast Canada mi HMTI i» 1 217Jt 31 ?It 31* 5tM ltM 21K UIJI lUH KJJf IUJt MK MAN 141* IMJt IUJt 11JJI 214* 24.4* *.4* nXM ZIM EILAT CONTAINER LINE CTM H VCi
      284 words