The Business Times, 23 June 1986
1986-06-23
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The Business Times
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Title Section12 1986-06-23 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, JUNE 23, 198€ 75 CENTS12 words
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523 1986-06-23 1 ALVIN TAY - By ALVIN TAY EMPORIUM HOLDINGS is in an advanced stage of negotiations to sell 51 per cent of its Malaysian operations to public-ly-listed Lion Corporation for between Ms 34 million and $40 million. Industry sources said the Lion group, which523 words
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556 1986-06-23 1 MARGARET THOMAS - Change is in keeping with new marketing goal By MARGARET THOMAS IN KEEPING with its new image as a fighting-fit marketing outfit, the Economic Development Board has streamlined its organisational structure. The new catch-phrase ringing down the corridors of the EDB is556 words
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Article, Illustration432 1986-06-23 1 THE PRIME MINISTER, Mr Lee Kuan Yew; the First Deputy Prime Minister, Mr Goh Chok Tong; and the Acting Minister for Trade k Industry, Briga-dier-General Lee Hsien Loong, will be on trips abroad this week. Mr Lee will pay an official visit to432 words
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478 1986-06-23 1 AP THE WORLD BANK, the biggest source of aid for poor countries, is draining away cash from many of the areas it was set up to help, according to a report made public during the weekend. The major section of the bankAP - 478 words
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Article162 1986-06-23 1 Reuter A LEADER of Sri Lanka's main Tamil party, the Tamil United Liberation Front (TULF), said yesterday his party would not attend a conference in Colombo to discuss proposals to end the island's ethnic crisis. TULF Secretary-General A Amrithalingam said in a letter to SriReuter - 162 words
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Article117 1986-06-23 1 UPI SOVIET NEGOTIATORS have shown a willingness to bargain on verification problems for long-range mobile missiles in an indication that the Geneva arms talks are not dead in spite of President Reagan's renunciation of Salt n. The New York Times, quoting Reagan Administration officials, saidUPI - 117 words
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252 1986-06-23 1 Reuter JAPAN'S economic expansion came to a standstill in the first quarter as the strong yen cut into exports and discouraged capital spending. First quarter GNP figures, expected to be released this week, will show growth in the vicinity of zero, or possibly slightlyReuter - 252 words
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Page 1 Advertisements
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Advertisement108 1986-06-23 1 Need a car or truck loan? WxYKOONG 737-7977 Wbyfoong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongß.ink ft Claymore Hill Claymore Plaza. Singapore 1N22 COLOUR YOUR COMPUTER KX-14CP1 Computer graphics have never looked finer! Sony's colour monitor displays bolder hues and sharper contrasts. The revolutionary black screen reduces108 words
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Advertisement282 1986-06-23 1 Choreographer Merce Cunningham's pieces brim with an inventiveness recognised as a crucial factor by which he has managed to maintain a strong hold over audiences, says LISA LEE in her review of the Arts Festival performance by Merce Cunningham Dance Company. Pager 9 I mm MARKET REVIEWS MONEY EXCHANGES RAW282 words
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Advertisement191 1986-06-23 1 IT ALL STARTED with Christopher Columbus, who sailed round the world in spite of dire warnings that the world was flat. That's risk taking and while the world has changed a great deal since then, taking a gamble on what you believe in is still needed if you want to191 words
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Advertisement21 1986-06-23 1 A-ONE BOUTIQUE PTE LTD LIANG CCHJPT CCK*>LEX 177 RIVfR VAU.EV »OAO UNIT QMI SINGAPORE 0617 TELE* RS3KOS ACCGi TEL *****2 C /`}(,'[<"]}?>_[`){<*^}[{!\{'"*[21 words
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Page 2 Advertisements
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Advertisement74 1986-06-23 2 THE BALL PARTNERSHIP The more you know about The Ball Partnership, the more you'll understand David's outburst. Contact the Managing Director of your local office of The Ball Partnership for a new view on advertising. BANGKOK 234 0751/233 4565 (Andrew Kefford) HOBART 34 2177 (Patrick Barlow) HONG KONG 5 *****874 words
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MANAGEMENT
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351 1986-06-23 3 ONE HUNDRED TEAMS are now competing in the 16th National Management Game, coorganised by Business Times, the Singapore Institute of Management and ICL (S) Pte Ltd. Round 1, currently in progress, consists of seven trading periods (one period per week). The 100 participating351 words
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Article804 1986-06-23 3 LEE HAN SHIH - Compiled by LEE HAN SHIH NYT FOUR YEARS AGO, Sony Cop introduced an electronic still camera that enabled a photographer to take a picture, view it on a television screen at home, and, if desired, make a print on the spot. Sony's product, the Mavica, wasNYT - 804 words
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Article, Illustration135 1986-06-23 3 A NEEDLE-FREE insulin injector has been introduced. Developed by a team of Montreal researchers, the Preci-Jet (right) uses compressed air to push open the pores of human skin to allow insulin to enter the body. Since the opening needed for such an "injection" is only a few135 words
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Article163 1986-06-23 3 UPI STAYING UP NIGHTS may only result in annoyance or fatigue during the day, but an expert says sleep disorders could lead to more serious problems and make insomnia victims dangerous to others. "The consequences of sleepiness have been joked about in the past, but it's aUPI - 163 words
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Article75 1986-06-23 3 3M, the company famous for Scotch Tape and Post-it notes, has come out with another sticky product imitation tattoos. The printed image is applied to a porous tissue and is displayed when the other side is laid on the skin. 3M has already made millions of the artificial75 words
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Article, Illustration1507 1986-06-23 3 LEE IACOCCA - What happens when you wake up from the American dream IMLB By LEE IACOCCA BACK IN THE EARLY *****, at the height of the Vietnam War and all the campus protests, a major university invited a bat-tle-hardened admiral and a but-toned-down business tycoon to1,507 words
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Page 3 Advertisements
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Advertisement152 1986-06-23 3 $540* JAKARTA BOROBUDUR INTER. CONTINENTAL $795* BANGKOK SIAM INTER. CONTINENTAL (niMCtzV harpers hoilduys *24-14 Shaw Centre Tel: *****66 angto French travel *10-03 Asia Chambers Tel *****22 V TA2BI/TAOO3 S FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen,152 words
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Advertisement266 1986-06-23 3 With our financing packages, you can afford the equipment you need now. (Mow's the time to tool upforfuture profits. Interest rates are down and there couldn't be a better time to talk to DBS Finance. DBS Finance I know-how. J Whatever your needs, 11 I J small office I! J266 words
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ASVERTISING & MARKETING
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1298 1986-06-23 4 RICHARD STEVENSON - By RICHARD STEVENSON NYT ON MADISON AVENUE, the gospel has always been that if you help Procter Gamble sell ivory soap, you cannot tout Colgate toothpaste much less Palmolive soap for Procter's archrival, the Colgate-Palmolive Co. Rules against conflicts of that sort have long seenNYT - 1,298 words
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Article, Illustration738 1986-06-23 4 DAVID GABRIEL - Unbungling enjoying the best of two worlds By DAVID GABRIEL MICHAEL BALL, theologian turned advertising man, has made one of the few rare moves in the corporate world known as "unbungling" in the US. Mr Ball recently bought a 60 per cent majority interest in Meridien Advertising, a whol-ly-owned subsidiary738 words
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Page 4 Advertisements
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Advertisement316 1986-06-23 4 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Hongkongßank's Hexagon corporate electronic banking system. It's a state-of-the-art system for six vital reasons. 1. Hexagon is powerful. The system offers wide-ranging services, from reporting simple account balances to up-to-the-minute foreign exchange rates. Hexagon communicates through the316 words
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ASIA-PACIFIC
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Article777 1986-06-23 5 ARRIVALS Operator S«nric# Local From number time SIA SQII7 0005 KUL UA UA805 0010 JFK/SFO/HKG SIA SQ41 0615 AAAA MAS MH60I 0720 KUL MAS MH68I 0820 KUL SIA SQ45 0850 AARU MAS MH8II 0910 PEN MAS MH67I 0920 KUL SIA SQ103 0950 KUL CPA CX7I0 1015 CGK777 words
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180 1986-06-23 5 Bernama MALAYSIA'S economy has shown signs of recovery, and this included the electronic and timber industries, Datuk Seri Dr Mahathir Mohamad has said. In addition, the price of oil was becoming more stable and might recover within the next few months, the MalaysianBernama - 180 words
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Article102 1986-06-23 5 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba has hit out at certain quarters which spread propaganda that the government's foreign loans would make the country bankrupt. He said on Saturday the country's debts were decreasing as the government was repaying them according to schedule. OpeningBernama - 102 words
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372 1986-06-23 5 AP SEVEN WEEKS ago, when Secretary of State George Shultz told the Philippines it could not get as much US financial aid as it wanted, he made a personal pledge to take other steps to help the country's struggling economy. Now, atAP - 372 words
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Article, Illustration481 1986-06-23 5 Reuter JAPANESE Foreign Minister Shintaro Abe is expected to pledge Japan's "broader cooperation" to help expand the Asian economy when he makes a speech in Manila on Thursday. The "Abe doctrine", to be outlined at an expanded foreign ministers' meeting of the Association ofReuter - 481 words
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Article, Illustration308 1986-06-23 5 AP PHILIPPINE Defence Minister Juan Ponce Enriie met supporters of ex-president Ferdinand Marcos on Saturday and asked them to cooperate with President Corazon Aquino's government by keeping their protests peaceful, the Defence Ministry said. A ministry news release said Mr Enriie met leaders of Marcos'sAP - 308 words
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Article, Illustration246 1986-06-23 5 Reuter CHINA WILL CATCH UP with developed countries by the middle of the 21st century but would always adhere to socialism and keep its Third World identity, leader Deng Xiaoping has said. "We will teach our future generations always to regard ChinaReuter - 246 words
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Article130 1986-06-23 5 AFP CHINA HAS ACHIEVED a slight budget surplus for 1965 but an anticipated drop in revenue and increase in expenditures this year will make it difficult to repeat the performance. The favourable balance of US$675 million was the result of the rapid development of industry,AFP - 130 words
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129 1986-06-23 5 Reuter A 69-NATION committee will begin a review this week of progress towards "a new world information order" essential to the economic development of the poorer countries. An announcement last Friday said members would consider a report based on a Copenhagen meeting lastReuter - 129 words
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248 1986-06-23 5 AFP THE VIETNAMESE State Council has carried out a, major government reshuf- 1 fie affecting several minis- tries. Politburo member To" Huu, one of the nine vice- 1 chairmen of the Council of' Ministers, was "relieved of' his duties" and replaced by fellow politburo member. VoAFP - 248 words
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Article78 1986-06-23 5 AP ■m THE Indonesian govern-* roent was not involved in copyright violations now on trial in a New York--, district court, an sian government offici&Kj said on Saturday. "I need to stress herej that the Indonesian govenf-H ment is not involved nor j will involve itself in the~3AP - 78 words
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Page 5 Advertisements
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Advertisement54 1986-06-23 5 I J l|\ /I IJ Every Tuesday, Thursday, Saturday I II l I rV-\Y and Sunday. Leaving Changi Airport V JJLt JIL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA 9 1 II I I 1 154 words
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Advertisement59 1986-06-23 5 A•N•N O U GET•THE TOTAL A Super Deal for Super Weekends! From July 11, that's what a lively new tabloid newspaper will deliver to 75,000 selected Singapore homes. In it they can read about what's going on in their community, about super bargains and better buys and services within easy59 words
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REST OF THE WORLD
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421 1986-06-23 6 AP MEXICO IS WORKING on a fresh economic plan that should be unveiled shortly and will be designed to win a multi-billion-dollar rescue package from the international financial community. A knowledgeable source who spoke only on condition of anonymity said on FridayAP - 421 words
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180 1986-06-23 6 FT BRITAIN'S economic growth this year is likely to undershoot earlier government forecasts, but the lull in activity will soon be coming to an end. Mr Nigel Lawson, the Chancellor of the Exchequer, told the Welsh Conservative party conference last week that the UK,FT - 180 words
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286 1986-06-23 6 Reuter THE EUROPEAN Community (EC) is expected to drag its feet on Soviet proposals to open formal ties with the communist trading bloc Comecon. The two groupings have yet to recognise each other after almost 30 years of existence. EC diplomats saidReuter - 286 words
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Article, Illustration56 1986-06-23 6 Tourists on an open-topped London Transport bus passing a procession of Iranians protesting against the Khomeiny regime on Friday. The demonstration in London is part of a world-wide protest. The Union of Muslim Iranian Students Societies Outside Iran organised the London procession to commemorate "The Day56 words
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234 1986-06-23 6 AFP ECONOMIC GROWTH in the 10 leading Western industrialised countries should revive in the second half of this year after a slow performance in recent months. A working committee of the Organisation for Economic Cooperation and Development (OECD) predicted after a twodayAFP - 234 words
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86 1986-06-23 6 AP PERU'S Vice-President Luis Alberto Sanchez has said that there will be a congressional inquiry into the handling of prison riots in which at least 250 inmates were killed. Mr Sanchez said a permanent congressional commission would be convened to take testimonyAP - 86 words
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686 1986-06-23 6 Western analysts see poor prospects for a deal AFP OPEC OIL MINISTERS will make another attempt this week to hammer out a workable accord on crude oil output levels to stabilise prices on the glutted world market. But Western oil analysts andAFP - 686 words
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213 1986-06-23 6 Reuter THE EC is spending too much on cows and too little on computers, according to the head of one of Europe's leading computer companies last week. Peter Bonfield, the chairman and managingdirector of Britain's International Computers Limited (ICL), was replying to reporters'Reuter - 213 words
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Article163 1986-06-23 6 UPI SOVIET authorities, uncovering a major scandal in night schools, have charged more than 100 teachers and administrators with padding payrolls, enrolling non-existent students and taking bribes. Hundreds of other teachers and administrators were fired or reprimanded, and more than 1,000 educational facilities were closed. SovetskayaUPI - 163 words
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325 1986-06-23 6 UPI A GOVERNMENT-wide survey in the US have found that workers at five agencies made thousands of personal telephone calls on the job to spouses or children in suburban areas and friends around the country. The Washington Post reported on Saturday that theUPI - 325 words
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Page 6 Advertisements
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Advertisement110 1986-06-23 6 SINGAPORE TELEX TELEFAX DIRECTORY OCTOBER 1986 Telex Telefax subscribers who wish to add and/or amend their entries in the Alphabetical Listings of the Singapore Telex Telefax Directory October 1986 should submit their requests to: The Departmental Manager Business Telecommunications Sales Telecoms Customer Services Centre (Comcentre Branch) 31 Exeter Road Singapore110 words
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Advertisement669 1986-06-23 6 NOTICES VOLUNTARY WINDING-UP (Pimaat to Becti— 2M) At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 190 Middle Road #13-01, Fortune Centre, Singapore 0718 on 18 June 1986 the following Special Resolutions were duly RESOLVED:(1) That NIAH TRADING CO PTE LTD be669 words
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Advertisement361 1986-06-23 6 COMPANIES ACT, PURBUANT TO SECTION PULBTEK PTE LTD At an Extraordinary General Meeting of the members of Pulstek Pte Ltd duly convened and held at Samas Pte Ltd, 11 Collyer Quay 12-01 The Arcade Singapore 0104 on 20th June 1966 the following resolutions set our below were duly passed:AS SPECIAL361 words
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Page 6 Miscellaneous
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Miscellaneous93 1986-06-23 6 Doonesbury ■mmkn? UH-HUH. HO&S TMfc-nd YOUR96NETRJUG. iuhole rrcoH&ujrmA J COUPON GOOD FOR. mu* A YEARNS SUPPLY OF I SEALING MX. r THIS IS YOUR OFFICIAL LIST OF PERKS. BASICALLY, ÜB&LSDONN TV CHOICE SEATS AT MMBLEPON, ANDTHECHANC3TORJEARARS? GOUJN WHILE STUNG INTHE HOUSE OF a 8 i 3.' BY GARRY TRUDEAU ALSO,93 words
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SPORTS
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Article, Illustration722 1986-06-23 7 Agencies FRANCE, with spectacular saves from goalkeeper Joel Bats, ousted Brazil from the World Cup in a brilliant quar-ter-final game decided on a penalty shoot-out yesterday. West Germany stumbled into the semi-finals by edging Mexico in a similar shoot-out. France and Brazil completed theAgencies; Photo by JERRY SEH - 722 words
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Article, Illustration774 1986-06-23 7 M MURUGIAH made it two out of two when he won the Seletar Open Overall Best Gross title in a sudden-death play-off with Lim Choo Beng yesterday. The two handicapper parred the first hole of sudden-death play to win from Choo Beng (5) afterPhoto by ALBERT SIM - 774 words
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155 1986-06-23 7 Reuter SEVERIANO BALLESTEROS of Spain emerged as the only player to tame the savage Portmarnock course on Saturday as he surged to a five-shot third-round lead in the Irish Open tournament. Ballesteros, the defending champion, was the only player under par for theReuter - 155 words
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Article, Illustration753 1986-06-23 7 WALTON MORAIS - By WALTON MORAIS THE DAYS are long gone when amateur sports could simply put up a tournament and people would come to watch. Or when sports bodies needed only to put out their hands and ask, and both the private sector and the government753 words
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461 1986-06-23 7 Reuter IVAN LENDL. who has never won, and Martina Navratilova, who has been victorious six times, could be wearing the crowns at the end of the 100 th Wimbledon championships which begin today. Prom a men's tournament that is the most wide openReuter - 461 words
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Article234 1986-06-23 7 Reuter ENGLAND'S batsmen crumbled on Saturday before the Indian attack for the second time in two days in the second Test at Headingley and their seventh consecutive Test defeat now seems imminent. At close of play, England, needing a massive 406 to win andReuter - 234 words
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195 1986-06-23 7 Reuter VIJAY AMRITRAJ beat top seed Henri Leconte of France 7-6 (8-6), 1-6, M on Saturday to win the US$lOO,OOO Bristol lawn tennis tournament. For 32 year-old Amritraj, ranked 104 in the world and playing in only his third tournament of the year,Reuter - 195 words
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Page 7 Advertisements
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Advertisement117 1986-06-23 7 D H WORLDW/DE COURIER Changing the way the world works. Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Time-Off' and "Sports" rather seriously too. Our writers comb the sporting arena117 words
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FEATURES
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834 1986-06-23 8 JONATHAN CARR - Argument and counter-argument flew at a recent conference in Berlin dealing with EEC-Japan relations and there were some surprising results. JONATHAN CARR of the Financial Times reports. JONATHAN CARR FT IT IS AN ODD TRIAL in which the prosecution and defence switchFT - 834 words
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402 1986-06-23 8 M Y Y Kan - letters to the Editor M Y Y Kan MYY Km Director Dear Sir, As a director of Kent Leisure (Pte) Ltd, your leader article of June 12 was of obvious interest to the company I represent. It is axiomatic that there402 words
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152 1986-06-23 8 Dear Sir, I refer to the "Positive Side of Share Option Scheme" by Hock Lock Siew dated June 13, 1966. The OCBC Executives Share Option Scheme is for a Class 1 officer and above. Apparently, there are 400 of them. It is not for productive performance152 words
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Article95 1986-06-23 8 Dear Sir, The rain in Spain stays mainly in the plain. In Singapore, it goes mainly down the drain. When rain-water runs off built-up land and roadways, does enough water get back into the ground to recharge the wa-ter-table? In a tropical rainfall country, what proportion95 words
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Article94 1986-06-23 8 An English Sellector - An English Sellector Dear Sir, The article "Second look at line dividing local and foreign lawyers" published in your issue of 16th June contained a report of views of a UK lawyer described as "ensconced in the hub of Shenton Way". In case readers are led94 words
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Article1199 1986-06-23 8 ASAD LATIF - Viewpoint By ASAD LATIF EVERY CENTURY, rightly or not, gets characterised in time as an Age of Something. The basis of the characterisation is varied, taking in the scientific, the literary and the cultural, but the final product is something that refers to the principle1,199 words
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Page 8 Advertisements
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Advertisement67 1986-06-23 8 BT S helps you increase productivity BT, Singapore's biggest business daily has a weekly page devoted to training and development to keep Singapore ahead in the economic race. Every Wednesday, BT brings news of the latest techniques and developments in training, productivity and acquisition of skills. Our comprehensive coverage on67 words
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Page 8 Miscellaneous
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Miscellaneous635 1986-06-23 8 Pick n'mi CRYPTIC PUZZLE ACROSS 1 Leans over the boundary (5) 6 Unhealthy mixture of dyes out East (5) 9 One town at war with another (7) 10 Fed up with being tried anew (5) 11 The mid miser's place (5) 12 He sang wildly out of turn (5) 13635 words
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THE ARTS
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Article, Illustration833 1986-06-23 9 LISA LEE - Merce Cunningham continues to walk the unbeaten track since his first group of six dancers and two musicians began touring American colleges and universities in an old Volkswagon bus. LISA LEE reviews the group's performance at the Victoria Theatre. SIX<iAIM>RE FESTIVAL OF ARTS i> urn833 words
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483 1986-06-23 9 MARK DAVID - ■y MARK DAVID THE SINGAPORE Broadcasting Corporation's Current Affairs department was given the 9.30pm Sunday slot to fill same months ago, losing its Thursday night slot in the process. There may have been financial coosAderations, Sunday evening tradi* tionally attracting lew advertising483 words
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Article, Illustration694 1986-06-23 9 JEFFREY TSANG - By JEFFREY TSANG TICKETS MIGHT HAVE BEEN snapped up as if they were free and concert halls might have been full for the Singapore Festival of Arts and we would have supposed that Singaporeans have become appreciative of culture and the694 words
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Page 9 Miscellaneous
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Miscellaneous1129 1986-06-23 9 to ami) mm a r Michael York m Martin... surviving for thoso ho lovot. FOR THOSE I LOVED 9.30pm, Channol 5 The Jews have launched an insurrection against the Nazis who want to wipe out the ghetto once and for all. Martin's father is killed in this totally unequal fight1,129 words
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INTERNATIONAL STOCKS
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177 1986-06-23 10 Reuter AN IRISH-BASED aircraft leasing company has placed one of the biggest orders in aviation history jet airliners worth U552.75 billion with Boeing and McDonnell Douglas. The Guinness Peat Aviation (GPA), one of the world's leading leasing companies, said on Friday theReuter - 177 words
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Article88 1986-06-23 10 FT NATIONAL Semiconductor, a California-based semiconductor and computer company, has reported a net Joes of US$9l.5 million or US$l.lO per share for fiscal .1986 ending May 31, a dramatic drop from its 1985 earnings of U5543.2 million or 48 US cents per share. Sales forFT - 88 words
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Article259 1986-06-23 10 June 21 Yen 1910 Mitsubishi Mitsub Elec Mitsub Estate 810 352 2200 35 +3 unch 535 -39 Mitsub Heavy 395 -22 870 -15 Mitsui *S8 17 832 2 162 1 Asahi Glou 1240 798 unch -2 Mitsui Smetong 370 1280 +7 20 720 +10 Mitsumi unq 1010 -20 Muroto259 words
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315 1986-06-23 10 Reuter SHARE PRICES on Wall Street closed sharply higher last Friday in a strong finish linked to the expiry of options on three share futures markets. The closely-watched Dow Jones Industrial Average soared 23.68 to 1,879.54. For the week, the index rose 5.35.Reuter - 315 words
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Article130 1986-06-23 10 JUNE 20 C$ Imp Ol a A 38* Inco 18* Abitto Inf Prov Pip* 43* 244* lu Inti 2I*B AJcon 42* \k 15* 14* Lo64ow B 13* Bonk Nova Scotia 16* Mouty F«rg Bonk Of Montreal 32* -V4 Mc Bkxfel 39* 37* 29* -U Bp Resources 294 34* 25*130 words
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Article217 1986-06-23 10 JUNE 20 Rood Tig Oof* ***** Tongoot 720 45 Trust 8k 135 7 Un Steal 55 inch Pram IQ7S 1275 75 INDUSTRIALS MININGS A Alpha 925 25 4725 340 230 15 *****6 Aeci 1100 40 Bhrvoor 1950 200 Amaprop AMC 3900 -75 BuffaH Charter ***** 1800 90 Cora Gold217 words
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Article436 1986-06-23 10 JUNE 20 US) 24* 8* 16* NCR Corp 53* 1* FMC Cp 20* *4 46* AJcon Akxrwi 30* 53* 87* Alcoa 40 ♦1 20 Afted S<g 43* AJwd Stores 45* AJfe-Chahners 5* GAF Cp 34* 39* 1* Am Brands Inc 88* 1* 75* Oxy Pate 27* Am Can436 words
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Article775 1986-06-23 10 Amsterdam JUNC 20 1 Fh ABU 578 00 unch Aegon ***** -4 Ahold 88 30 -I.I IA7 66 -0 5 Atento 152 40 -0 1 AM£V 8070 -05 106 60 -0 1 Au Stod ***** +3 Bonum* Buehrmon Tetter ode 182 00 inch CaK« EbevWr 208 50 -2775 words
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Article64 1986-06-23 10 Reuter HONGKONG Land Property Co Ltd, a wholly-owned unit of Hongkong Land Co Ltd, has awarded building contracts worth HK1372 million to Gammon (Hongkong) Ltd and Nishimatsu Construction Co Ltd. Gammon, a subsidiary of Jardine Matheson Holdings Ltd, will be responsible for the building of theReuter - 64 words
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Page 10 Advertisements
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Advertisement184 1986-06-23 10 %fi/SZZ <SM< H m is P F iF.S> Happy Hour at the Treetops Bar Barons Tavern V. 9 Where you can enjoy a 50% discount on all beverages from spm to Bpm at the Treetops Bar spm to 7pm at the Baron's Tavern daily. Offer is not valid for promotional184 words
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Advertisement136 1986-06-23 10 Supreme Events in Cuisine No. 6 I :iv mm m May 31 to June 27, 1986 A spread of more than 60 Spanish favourites which offer a true taste of Spain. The variety is as incredible as the price $31 for adults and $15 for children. It's served daily from136 words
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Advertisement68 1986-06-23 10 V a 4 7-v. LIL T.l 1i Otii /59/ jsrv v*F 4S* vc* /ih* Ihmt Lunrh IMm to 2 30pm d<ntv Sundays f ind PuOlK Holiririvs to 2 30pm rpjr i* uMetffe'SMoteJ 181. Kiti hf'H'r Ro,kl. Smq.fp Complete Buffet Lunch for as little as $3.00 for the third paying guest68 words
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Advertisement180 1986-06-23 10 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 during lunch180 words
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Advertisement170 1986-06-23 10 Stockholm pricM woro unavailable London stocks on Pago 14 Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat A for the family. W Weekday fare (Lunch only) Only $60 for four persons or $90 for six170 words
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RAW MATERIALS
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Article31 1986-06-23 11 KL TIN Dote Closing prices M$/kg Turnover (tonnes) June 16 14 20 103 June 17 14 05 71 June 18 14 05 33 June 19 1406 53 June 20 14.10 4231 words
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Article151 1986-06-23 11 Chinese Produce Exchange Sellers' noon closing prices on June 21 (S$/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61 00 New drum FOB 6500 Copro 26 Mixed (loose) buyers Pepper Muntok White FOB NLW 1175 00 Sarawak White FOB faq NLW 1160 00 Sarawak special151 words
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Article163 1986-06-23 11 WHEAT FUTURES on the Chicago Board of Trade eased from early highs to close on the lows last Friday, down one to 2Vfe US cents per bushel in light trade. July settled at USS2.4SV« after posting a three-cent range on the day. Late sales by the Illinois Co-op and163 words
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Article194 1986-06-23 11 SOYBEAN FUTURES on the Chicago Board of Trade traded unchanged last Friday to 3'2 US cents per bushel lower in light trade at mid-session. Trade talk that more private weather forecasters were predicting more precipitation than they did earlier dampened the bullish sentiment that was based on a scenario194 words
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Article101 1986-06-23 11 Futures closed 0.1 to 2.2 yen a kg higher last Saturday in moderately active trading, except spot June, which fell 0.2 to 130.4 yen a kg. Prices continued higher on individual investors fresh buying generated by the US dollar's strength against the yen abroad. January 1987 gained 2.2 to101 words
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Article538 1986-06-23 11 COFFEE Robusta futures rallied from earlier lows last Friday afternoon, wiping out average £30 midday losses, to close £13 to £20 a tonne higher. September traded last at £1,875 a tonne, up £13 from Thursday night, and compared with a high/low of £1,880/1,823. Turnover of 4,433 lots was538 words
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Article1071 1986-06-23 11 AFP THE CLAMPDOWN by the South African government on the reporting of events surrounding the 10th anniversary of the Soweto uprising led to sharp falls in precious metals last week. Concern about the Mexican foreign debt problem following the sudden replacement of Finance Minister JesusAFP - 1,071 words
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Page 11 Advertisements
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Advertisement634 1986-06-23 11 Y-SRV\ ,t '-Sr >: m > 0K p Trii? .j?w%g 1 frfß? > v -•*s,' 1 -••*-1 S# SSS ifc» 0 Hi ir.fi 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 i LEVEL 4,634 words
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Advertisement164 1986-06-23 11 We're celebrating our hotei'* 6TH ANNIVERSARY jjA |L,,, wixn mora I- "t i I Steamed fish Pineapple rice ryoo 1 Dessert (For 10 persons) v DRUNKEN PRAWNS/SUPERIOR FIN Sat Menu Drunken prawns 10% wnrtco Doubte b llecl P°' coasted fhiml superior shark's fm Deep fried scallop with yam government tax164 words
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BANKING AND FINANCE
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578 1986-06-23 12 Reductions unlikely for several weeks, say economists NYT PRESIDENT Reagan of the US wanted new cuts in interest rates to revive a sagging economy, the White House said last week. But it said that Mr Reagan was not trying to put pressure onNYT - 578 words
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Article140 1986-06-23 12 Reuter TAIWAN'S foreign currency reserves are expected to hit a record US$36 billion by the end of the year. A senior central bank official in Taipei said the reserves stood at US$3O billion last Thursday, up sharply from U5522.5 billion at the end of 1965 andReuter - 140 words
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441 1986-06-23 12 Reuter COLOMBIA IS easing its way back into the international capital markets with a plan that includes a return to the Eurobond market sometime this year. Director-General of Public Credit Mauricio Cabrera Gal vis said that like many borrowers in these markets, Colombia wasReuter - 441 words
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318 1986-06-23 12 Reuter BAHRAIN Monetary Agency governor Abdulla Saif expects more banks to leave Bahrain this year, but he believes that most of the cost cutbacks by banks on the island have already been made. Bahrain is the biggest banking centre in West Asia,Reuter - 318 words
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171 1986-06-23 12 Reuter STABLE EXCHANGE rates are a prerequisite to further liberalisation of the financial markets. Stability could not be achieved by market intervention alone, but by coordinated economic policy, Tomomitsu Oba, a special adviser to the Japanese Finance Ministry, told an international conference in Tokyo on Thursday.Reuter - 171 words
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192 1986-06-23 12 Reuter JAPAN'S Finance Ministry and banks have been discussing how to change limit rules on bank foreign exchange holding positions to meet demands of increasing international transactions and introduction of new financial instruments. Ministry and banking sources said that the timing of an easier limitReuter - 192 words
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Article, Illustration286 1986-06-23 12 Reuter PHILIPPINE OFFICIALS expect to reach an agreement for a new stand-by credit at a meeting with the International Monetary Fun (IMF) next month. Finance Minister Jaime Ongpin said last Saturday: "We expect an agreement in principle for a new stand-byReuter - 286 words
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Article92 1986-06-23 12 Reuter NIGERIA HAS secured a second 90-day freeze on repayment of some of its foreign debt. Finance Minister Chu Okongwu said Nigeria received a similar 90-day moratorium in April from the London Club of Commercial Bank Creditors on external debts which now stood at US$l2 billion.Reuter - 92 words
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MONEY AND EXCHANGES
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Article305 1986-06-23 12 Green Collier SIMEX/'CME currency contracts spent last week in retreat. September D-mark slipped back 102 ticks during the week to close at U550.4453. September yen yielded 105 ticks, settling at U550.*****4. Some traders saw these temporary setbacks as healthy corrections to clear the way for furtherGreen & Collier - 305 words
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Article, Illustration243 1986-06-23 12 Asian market Mcates the avtrift of the P** lend** ritei $1 12 irujor b** l open tint m Singapore ASIAN currency average deposit rates for the week ended June 20 BIO PRICES High Low US* 7 days 7 6 15/16 1 month 7 6 15/16 2 months 6 15/16 6243 words
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178 1986-06-23 12 OCBC POSITIVE technical factors on the foreign exchange markets last week continued to overshadow worries over a weak US economy. These conflicting influences kept the greenback within narrow parameters from 2.20 to 2.24 marks and 165 to 168 yen. Against the Singapore currency, it closedOCBC - 178 words
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Article217 1986-06-23 12 Commercial Discount Company Limited THE DOMESTIC interbank market remained liquid last week with overnight funds traded between 4-1/2 and 4-3/4 per cent before closing at 4 3-7/8. Reflecting the softer tone of the overnight market, term rates for one, two and three months eased marginally fromCommercial Discount Company Limited - 217 words
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Article507 1986-06-23 12 PLR of bonks at the dose of business on Friday, Jun 20 as supplied by the Association of Bonks in Sotgoport BANK PLR <%) Algemene Bank 7*4 American Express Bank 8 Am'Dom R'terdom Bank 7*4 Arob Banking Corp 8 Arab Bonk Ltd 8 Askj Commercial 7 ANZ507 words
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Article30 1986-06-23 12 The ronge of call rotes for the week ended Friday, June 20: Bonk fund 4—49 General fund 49 $m Movement! of funds 2026 Source: Short Deposits (M) Bhd30 words
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Page 12 Advertisements
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Advertisement325 1986-06-23 12 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTES OP ZANAX LEISURE PTE. LTD. Nettee et SeMtatfM far Menken' Vetaatery Wlatflag up (Pinuit to Seettoa ZM) At an Extraordinary General Meeting of the Members of ZANAX LEISURE PTE. LTD. duly convened and held at 11325 words
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Advertisement316 1986-06-23 12 IN THE MATTES OP THE COMPANIES ACT, CAP. 1M AND IN THE MATTES OP LABGO LEISURE PTE. LTD. Nattee ti Bewlittw far Members' Vataatary WMtag ap (Parsaaat ta Beetiaa 2M) At an Extraordinary General Meeting of the Members of LARGO LEISURE PTE. LTD. duly convened and held at 11 Collyer316 words
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Advertisement373 1986-06-23 12 Ia Ike Matter af The Cmipaate Act, Cap. 185 aai la the Matter af CROWN INVESTMENT HOLDINGS PTE. LTD. (Memhers' Valaatary I |nM|Hn> PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 185 that the FINAL GENERAL MEETING of the Members of the abovenamed373 words
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Advertisement272 1986-06-23 12 THE COMPANIES ACT, CHAPTER 186 AND CREATION BY NEPO6 PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 52A, Telok Ayer Street Singapore 0104 on Monday, 16th June 1966 the following Special Resolution was272 words
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MARKET REVIEWS
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Article, Illustration5419 1986-06-23 13 AMY CHEOK - Singapore By AMY CHEOK THERE WERE NO complaints about the Singapore stock market last week. How could there be when it performed so well that brokers and investors, who were impatient for the market to open each morning, were left very pleased5,419 words
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241 1986-06-23 13 London THE brighter tone that emerged towards the end of the previous week continued last week on the London stock exchange where the Financial Times Industrial Share Index reached its best level since early May, closing up 39.7 points on the241 words
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Article586 1986-06-23 13 Week ended June 20 SCRIP ISSUES Metro Hldgs: Proposed bonus issue of one-for-ten. CORPORATE DEVELOPMENTS AHA Enterprises has ceased acting as managers and operators of Furoma Hotel the troubled flagship of Wonnion Holdings. City Securities has been sued for $2 5 million by CIC-Union Europeenne,586 words
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796 1986-06-23 14 Index soars 23 points to finish week higher m W\ j ew U. FT "DAY OF THE 'witch' casts spell on Street" screamed the headline in the business section of a New York tabloid on Thursday morning as Wall Street bracedFT - 796 words
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717 1986-06-23 14 TONY MEASOR - K T Hongkong M By TONY MEASOR MIDSUMMER frequently signals a lull in stock market activity. The interest which has been aroused by the seasonal crop of company reports tends to have died down and the income from the resultant dividends717 words
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Article904 1986-06-23 14 SHARE prices on Friday closed generally firmer after a mixed opening but trading was quiet throughout the session. At 1430 GMT, the FTSE 100 Share Index was up 6.1 points at 1,635.7 while at 1400 GMT the FT 30 Share Index was 1.7 points higher at 1,351.7. Dealers904 words
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263 1986-06-23 14 lli Zuri(h CSZ THE TREND on the Zurich exchange was very favourable last week. The CS index made smaller or even greater advances daily up to and including Thursday. This positive trend could be explained primarily by reports in May citing a decline in theCSZ - 263 words
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618 1986-06-23 14 K.Lumpur BULLS dictated terms again at the Kuala Lumpur Stock Exchange last week as share prices spiralled yet higher. The spirited display of confidence took prices higher across the board and double-digit gains were a common sight. Impressive gainers ranged from lower618 words
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341 1986-06-23 14 PJ Tokyo M AFP THE Nikkei Average ended on Friday at the closing record high of 17,403.13, up 125.54. Share prices fell back last Monday as investors got wary of record-breaking performances the previous week and dumped domestic demand-related issues such as constructions andAFP - 341 words
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393 1986-06-23 14 n, PrU Milan TChm 1 11 i 11 BCI ON THE Milan share market last week a promising start was promptly brushed aside as a tenser attitude made its way through investors. As a result, a wave of sales poured onto theBCI - 393 words
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594 1986-06-23 14 AFP AS PRESSURE GROWS on US car giant General Motors (GM) to quit South Africa, it also faces the problem of continuing heavy losses by its Australian operation. Motoring sources said last Friday that General MotorsHolden (GM-H) announced in Sydney last Thursday itAFP - 594 words
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Page 14 Advertisements
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Advertisement195 1986-06-23 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Hslnlt Sheng Shipping Pte Ltd of 5001 Beach Road #02-21, Singapore 0719 and Advante Navigation Pte Ltd of 46 Jalan Benaan Kapal, Singapore 1439. hereby give notice that in consequence of our Intended purchase, we have applied to the Registrar of195 words
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Advertisement164 1986-06-23 14 OFFICIAL NOTICE PBOPOSAL TO CHANGE OF SHIP'S NAME We, WINES SPIRITS PTE. LTD. of 101 Upper Cross Street, #06-12, People's Park Centre, Singapore 0105, hereby give Notice that In consequence of the Intended purchase of the undermentioned Vessel. We have applied to the Registrar of Singapore Ships, under Section 417164 words
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COMPANY NEWS
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Article477 1986-06-23 15 Tough questions for Town City msm i HOCK LOCK SIEW SHAREHOLDERS of Town City Properties should be a worried lot. For not only did the company make a big loss last year, but bank loans to two key subsidiaries amounting to $100 million are to be repaid within the nextHOCK LOCK SIEW - 477 words
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Article328 1986-06-23 15 TOWN CITY Properties isn't the only company sorting out its debt problems. Hong Fok Corporation, the would-be developer of the ambitious Concourse project along Beach Road, has left some tell-tale signs in its 1985 accounts that it has had a few chats with its bankers328 words
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430 1986-06-23 15 HOMER CHEN - By HOMER CHEN SOME OF THE problems of Pahang Investments PLC, which has been suspended from trading on the stock exchange since October last year, has now come to light. Collapsed stockbroking firm Lyall Evatt has filed a claim against the company, which has yet430 words
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Article155 1986-06-23 15 DUFF Development Bhd has announced that Kuala Lumpur Kepong is interested in buying its Ladang Kerilla, Ladang Sungei Sokor and Ladang Taku totalling about 3,784 hectares, for only M$44 million. This is due to the current depressed commodity prices and the resultant decline in the value of plantation155 words
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Article, Illustration187 1986-06-23 15 MR ROBIN TOMLIN, a senior vice-president of J Henry Schroder Bank Trust Company, New York, has succeeded Mr Richard Crowder as managing director of Singapore International Merchant Bankers Ltd (SIMBL), a joint venture between OverseaChinese Banking Corporation and Schroders. Mr Tomlin joined Schroders in London187 words
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LATEST RESULTS
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Article96 1986-06-23 15 Group pre-tax profits slumped to M 5425,000 in the year ended March 31, 1906, from $5.05 million in the previous year. At the net after tax and attributable level, the group suffered a loss of $299,000 (profit of $3.16 million previously). Loss per share stood at 0.796 words
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Article, Illustration548 1986-06-23 15 NAJEEB JARHOM - 21.69pc share bought at average price of $3.90 By NAJEEB JARHOM A MEMBER of the Selangor royal family, Tengku Sulaiman Shah Ibni Sultan Salahuddin Abdul Aziz Shah, has revealed that he had personally bought a 21.69 per cent stake in MCB Holdings Bhd548 words
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Page 15 Advertisements
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Advertisement511 1986-06-23 15 U&fiS saw 1 %<*% T &3£§@£Sft --v>~£&c£ ?o»\* ±*v* ei fr£ g| Too* V* I >*> OkMJ^ r n «< <•* T ZZt*<+. if,#v*ii«oS Do you know how much business news you d~* on firirl in tlip Intpmjitiniial Herald Tribune? The Trib's business section is now bigger and better than511 words
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60 1986-06-23 16 AFP THOUSANDS of supporters of ex-president Marcos fought truckloads of security troops who tried to break up a demonstration in front of the military headquarters yesterday. Eyewitnesses saw one demonstrator fall bloody on the street as paramilitary constabulary troops fired their guns in the air. ThereAFP - 60 words
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Article142 1986-06-23 16 COMPUTERS and software costing $1.2 million will help improve health care and support services at the Singapore Blood Transfusion Services (BTS) when the equipment are set up by next year. The new computers will be supplied and installed by Hewlett Packard Singapore (Sales). Under the142 words
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270 1986-06-23 16 AFP PHILIPPINE Vice-Presi-dent Salvador Laurel has said that he would make a detailed proposal for countertrade agreements among South-east Asian nations. He said yesterday that a countertrade system would offer "an alternative solution to our economic problems". The system, to be presented toAFP - 270 words
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126 1986-06-23 16 Bernama UPI THE DECISION by the Penang Pardons Board to reject the appeal by two Australians sentenced to death for drug offences will not affect relations between the two countries. Foreign Minister Tengku Ahmad Ritahuddeen said yesterday: "We hope the people of Australia will understandBernama; UPI - 126 words
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197 1986-06-23 16 UPI LONG-DISTANCE RUNNER Henry Weston has admitted running up thousands of dollars in debts, writing phony checks and occasionally cheating on his round-the-world charity jog. The People Weekly in London yesterday quoted Weston, 25, as saying the World Wildlife Fund, for whom he setUPI - 197 words
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390 1986-06-23 16 FOO CHOY PENG - Fall attributable principally to oil-related goods By FOO CHOY PENG Chief Reporter WHILE SOUTH KOREA and Taiwan are reported to be enjoying brisk sales to Japan, thanks to the rising yen, Singapore's exports to the country actually fell in the390 words
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Article, Illustration238 1986-06-23 16 THE MALAY CHAMBER of Commerce has an important role to play in Singapore's road to economic recovery by encouraging its members to upgrade and by giving feedback to the government, said President Wee Kim Wee yesterday. Speaking at the chamber's annual238 words
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Article196 1986-06-23 16 CHINA RESOURCES, a Hong-kong-based company controlled by Beijing, is buying fuel oil from Singapore. Singapore Petroleum Company clinched the multi-million-dollar contract against competition from other oil traders. Supplies to Hongkong, which commenced this month, will total about 700,000 tonnes of fuel oil over the six-month196 words
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LATE FILE
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Article42 1986-06-23 16 Reuter IRAN'S main state-owned insurer company said yesterday that it had deposited US$l2.5 million with a London bank as a guarantee for new "low cost" war insurance which it was offering for Iranian-owned or chartered oil tankers. ReuterReuter - 42 words
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Article22 1986-06-23 16 NYT TWO tiny polyps removed from President Ronald Reagan's intestine were not cancerous, said his personal physician yesterday. NYTNYT - 22 words
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Article45 1986-06-23 16 UPI A TOP North Korean sports official, in comments reported yesterday, has rejected an offer to hold two events of the 1968 Seoul Olympics in the North as "preposterous" and renewed demands to hold the games jointly with the South. UPIUPI - 45 words
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Article27 1986-06-23 16 UPI SPANIARDS went peacefully to the polls yesterday in general elections that were expected to return the ruling Socialists to office. UPIUPI - 27 words
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Article58 1986-06-23 16 AP ALTHOUGH a preliminary inquiry found an "undetermined number" of American military women and dependent wives illegally moonlighting as bar hostesses in Okinawa, the US Pacific Command has decided that no full-scale investigation is merited, said a US spokesman yesterday. Instead, it ordered a tighteningAP - 58 words
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Page 16 Advertisements
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Advertisement380 1986-06-23 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. Tighter control on sensitive goods 2. Malaysia warns foreign banks 3. Still optimistic after all those tri.jls 4. Queen's Hotel experiments with $15-a-bed accommodation 5. Short-term prospects380 words
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Advertisement258 1986-06-23 16 xUI7 'Zr w X H j/A SSSfeS -v K \< V -4 S3 'M f \V 3sv XV V V^i 58 m s Stifll vv>:A\s\V x Vvva\\l M* at n v\\ $> f N J 1 V* 0 'fs m X ""V ;>vS m ;2r w 95 Vv IS is258 words
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Page 16 Miscellaneous
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Miscellaneous54 1986-06-23 16 Outlook for today: Showers over o few areas in tHe early morning. Report for 24 hours prior to 7.30pm on June 22 at the airport: Maximum temperature 32.0 Associated humidity 91 Minimum temperature 26.9 Associated humidity 91 Hours of sunshine 9.45 Roinfoll in millimetres nil Rainfall this month 75.0 Rainy54 words
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SHIPPING TIMES
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144 1986-06-23 17 Kingsley Wood - By Kingsley Wood THE OFFICERS' Merchant Service Guild has asked the Transport Department and Australian National Line for security talks following the pirate attack on Anro Australia. The Seaman's Union has also requested Prime Minister Mr Bob Hawke to seek the assistance of144 words
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498 1986-06-23 17 G DURAIRAJ - By G DURAIRAJ PORTS HAVE been urged not to burden shipowners by increasing tariff rates as they are going through rough waters. The president of the International Shipowners Association (Peninsular Malaysia), Tengku Zainal Rashid Tengku Mahmood said ports should not kill the goose498 words
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178 1986-06-23 17 HONGKONG shipowner Man Chuen Yuen Services Limited has had five of his vessels arrested by Hongkong Shanghai (Shipping) Ltd, a wholly-owned offshore subsidiary of the Hongkong Shanghai Bank. Sea trade Week reports that a dispute over repayments blew up between the two178 words
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134 1986-06-23 17 THE MALAYSIAN Shipowners Association is holding a two-week workshop on cost control in shipping for senior executives from the shipping industry. The workshop, which begins today, covers a number of areas in ship management and will primarily focus on decision making on shipping134 words
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PORT SIDES
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Article83 1986-06-23 17 Reuter SEVERAL Europe/Far Eastern Freight Conferences have changed their currency adjustment factors (CAFs) from certain areas. From UK/Eire, the new CAF will be plus 12.21 against zero, from Scandinavia the new rate will be plus 3.90 against zero, from South Korea minus 0.50 against plus 1.00, fromReuter - 83 words
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Article113 1986-06-23 17 AFP THE STATE-OWNED Iranian Insurance Company said it would offer low-premium war-risk insurance to all tankers belonging to or chartered by Iran, the Iranian news agency IRNA said in a report. The company said its maximum premium for a tanker loading or unloading at an Iranian portAFP - 113 words
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Article1176 1986-06-23 18 LIMITED timecharter fixing comprised the bulk of chartering on a very dull freight market on Thursday with no grain activity seen on any of the main voyages out of the US Gulf, ship brokers said. A 65,000 tonner was arranged from Port Elizabeth to Redcar at $4,000 daily1,176 words
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1012 1986-06-23 18 Lloyd's Shipping Economist IMMEDIATELY prior to the substantial fall in bunker prices from the beginning of the year, re-engining projects were providing an important source of work for shipyards hard pressed to secure contracts from a rapidly diminishing newbuilding market. TheLloyd's Shipping Economist - 1,012 words
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133 1986-06-23 18 AFP SOUTH KOREA'S overseas shipbuilding industry continued to suffer from sluggish business this year, with shipbuilding orders dwindling from year to year, industrial sources said. They said that among the country's four largest shipyards, Daewoo and Hyundai won a total of 266,600 gross tonsAFP - 133 words
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Article550 1986-06-23 18 THE SALE OF two large tankers to a Norwegian interest featured the ship sale and purchase market last week, secondhand tonnage brokers said. The vessels involved are the 317,824-dwt Adna built 1977 which fetched about US$l2 million and the 316,379-dwt Vulcan built 1975 which made about US$lO million.550 words
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Article879 1986-06-23 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Aqua Lines VIII 4 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL879 words
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264 1986-06-23 18 THIS MONTH, Scania is introducing the DS9 industrial engine to the marine community in a version for keel-cooled installations. The exceptional fuel economy and favourable torque characteristics of this modern engine, which was launched in industrial applications in 1985, are thus now available264 words
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Article186 1986-06-23 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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401 1986-06-23 19 Lloyd's List THE ABILITY of suppliers to arrest vessels for non-payment may be substantially eroded by an inter-governmental review of ship finance conventions later in the year. The Institute of International Container Lessors (IICL) said there were plans to delete some ofLloyd's List - 401 words
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226 1986-06-23 19 Reuter FRANCE'S new right-wing government has decided to cut subsidies to the country's ailing shipyards, industry ministry officials said. They were commenting on reports that one of France's two main shipbuilders, Chan tiers du Nord et De la Mediterranee (Normed), was about to fileReuter - 226 words
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158 1986-06-23 19 AFP EAST ASIAN shipbuilders, free from high wage bills and social expenses, pose virtually unbeatable competition for Western European shipyards, Drewry Shipping consultants have said. They said in a study entitled shipping statistics and economics that if Western European builders are technologically as well equippedAFP - 158 words
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Article81 1986-06-23 19 Reuter FLOTSAM FROM a Japanese survey ship which went missing last Tuesday with a crew of nine was found off northern Japan on Friday, Japanese Coast Guard officials said. The wreckage from 50-ton offshore research ship Helios was found during a sea and air search byReuter - 81 words
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Article116 1986-06-23 19 HONGKONG HAS had a "good and constructive" expert-level talks with China concerning the setting up of a Hongkong shipping registry, a Hongkong official said. The British colony is to set up a shipping registry independent from the British maritime jurisdiction in the runup to 1997,116 words
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Article, Illustration4203 1986-06-23 20 3SBSB>3[LB| 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 at4,203 words
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Article770 1986-06-23 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 Nan Prince IS 23.6.86 1700 Eagle Corp F1 0800-0900 B7 Louis Maersk 9608 23.686 2330 Ms Line F5 1430-1530/1330-1430 Al/Bl 1230-1330 Fl A Oklahoma 6770 words
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Article345 1986-06-23 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure E Splendour K16 Borneo alongside 23.6/0600 Oeyin K10 Y Fung alongside 23.6/2300 Huoyin K27 Y Fung alongside 23.6/1500 N Oroniestad K12 Ned-EAC alongside 23.6/1800 Pyramids K28 LN Shpg alongside 23.6/2300 Alfesani K20 Confer 23.6/0600 28.6/0600 Auby K24E SSPL 23.6/0600345 words
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Page 17 Advertisements
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Advertisement722 1986-06-23 17 (lumluTs V < >1 H !M' I )l( A OOCL Orient Overseas Coktcumt Line lARDME SHTTMC AGENCES (Reg No *****4/ OOK) 70 Shenton Way *04 03 Manna Hons* Singapore 0207 Tel *****11 TELEX NO RS ***** CFS OfFICE IPC #***** Tel *****31 and *****32 Terminal oftee TPC #03 030 Tel722 words
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Advertisement62 1986-06-23 17 MAJOR JAPANESE VLCC owners ore attracted to re-engining their ships by two important considerations. Pag« II THE ABILITY of suppliers to arrest vessels for non-payment may be substantially eroded by on inter-governmental review of ship finance conventions later in the yeor. Page 111 Index to odvertisers II Shipping schedules IV62 words
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Advertisement1099 1986-06-23 17 r A tw/ a vZ* IN SINGAPORE: 778-6522 PROFESSIONAL INTERNATIONAL FREI6HT FORWARDING MALAYSIA. 755-8955 MAERSK LINE A? /wX f w/ FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS INGAPORE/KUWAIT —11 DAYS ort Ipenang Vessel Voy I S pore EXPORT TO USA. EUROPE. MIDDLE EAST.1,099 words
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Page 18 Advertisements
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Advertisement225 1986-06-23 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Pacific South West Feeder at Kao Pacific North West Feeder at Kao Atlantic/Canada Feeder at Nagoya STRAITS FEEDER CELJEMinTy IaaEMiJMCCjMIMiaJiEJiBMIMnEgi IDEM IDI WHIM > i w lm BI" 1 "n cm CM PM wwutmFanlutm PIUFT» BKIMIIMIBMIEJiinMEMJZIMnwnwi "mfTBrMrTB accepting LCL Cargo for USA Ports. 'Portland via Seattle225 words
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Advertisement166 1986-06-23 18 'I^^Vl^ll Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA Mm Keeping contn tar Haustox (IU). S frmcaca Oakland. Stecktaa and S» Dtaf* *u L Mpln Cfcartrsta. in Sarti Aruba. Cwacao Bridgetown. Ptakpsimri. Port of Span. Hamilton. K#*ston, St Wire Basse Terre. Castries, fort de France Point A166 words
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Page 19 Advertisements
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Advertisement659 1986-06-23 19 WKHKM The Straits Imp Steamship Group Mansfield Container Shipping Pte Ltd OCI Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK'CONTINENT CONTnINERSHIF SERVICE FROM UK CONTINENT tTtarf Brtm K dtm Le Hi S*hn KIIMO MAM bM SM tM M/( N/9 14/7 19/7659 words
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Advertisement835 1986-06-23 19 "K"Line. Total Service* Total Commitment* Shipping to North America? Take "K" Line. We're the Far East-to-West Coast specialists with fixed-day regular container service "K" Line processes your shipment quickly, too, with help from a computerized documentation system and computer-operated terminals. We always know your cargo's exact location, thanks to our835 words
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Page 20 Advertisements
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Advertisement477 1986-06-23 20 w Hapag-Lloyd TO CONTINENT/UK EXPORTS Wand teuton to Wand destiubore n Europe Sparc Udmsß* MIMED. LEAOO 23/6 25/6 M YOUNUS 2/7 4/7 11 MUBNMKMH J/7 11/7 13/7 7/6 Cm* tW| Ua lam A'aap 21/7 24/7 27/7 4/1 24/7 2/1 23/1 IC/I 19/1 12/1 FROM N. CONTINENT &UK IMPORTS Agents SEGANI477 words
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Advertisement57 1986-06-23 20 K.S.linf FULLY CONTAINERISED SERVICE EUROPE VIA SUEZ H Member of the Ace Consortium EROM EUROPE VIA SUEZ 4 Member ot the Ace Consortium CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF ESPRIT SHIPPING PTE LTD TEL *****00 lIX R*****7 STORE Loadhf For PARAMOUNT 27/6 Lagos PACIFIC IMPORTER 27/6 Mukalah, Aden PASN BAY 15/757 words
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Advertisement650 1986-06-23 20 /!f/ Sun Hup Co (Pte) Ltd r EL *****06 (20 Lines). TLX RS ***** &RS ***** I ASTI RN CAR I I Nil SPECIALIST IN RO-R0 HEAVY LIFTS SERVICES IKHsltllMil FROM JAPAN Spn PR** SKI NAGOTH WO »kM SjM SOU KOCH *45 rmct MMU hi *77 2Mr *Mr lMr tMr650 words
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Advertisement476 1986-06-23 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 OUTBOUND FEEDER VSL SGP MO DO VSL UU EKE* OWV 27/® DO GRADE 22/7 EVER 027/6 MPM AUJWKE EVER LEVEI 1/7 EUD SENTRT 21/7 EVE* LEVEL 1/7 MPM APOLLO EVE* GUEST 11/7 EVE* GEJITIT VI476 words
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Advertisement206 1986-06-23 20 mSINOSE u MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Sun Fkrcs 3/7 Oceania Courier 1/1 layapra, Ue, P. SUN UNION LINE m ?A*> LJ m TAIYO MARINE LINE WEST AUSTRALIA SERVICE VSI PT HE LANG S PORE KK FUMfTLE MEL206 words
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Page 21 Advertisements
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Advertisement819 1986-06-23 21 immmmm*m—— PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA BMOA MAJAPAMT QOWA KOTA SMQA SIN jut sby SIN Sid In PI 22/8 2S/S 1/7 S/7 6/7 12/7 14/7 IS/7 IS/7 22/7 24/7 2S/7 HKQ KAO *TCH KEE BUS 2S/S819 words
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Advertisement883 1986-06-23 21 BEN LINE CONTAINERS EXPRESS CONTAfO SERVICE TO UK/CONTMNT 17/7 11/7 29/7 21/7 21/7 25/7 21/7 2>/7 2»/7 11/7 2/1 VI VI VI VI 11/1 12/1 U/l 15/1 17/1 11/1 17/1 19/1 29/1 22/1 23/1 24/1 21/1 27/1 29/1 31/1 1/1 3/» 4/9 V> 7/9 1/9 11/9 11/9 13/9 lt/9 17/9883 words
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Advertisement580 1986-06-23 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TiNCONA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pora Ldi MATARAIT ¥15-WB 24-21/6 24/7 PALEMBAA6' V5-NB 3-5/7 Ktm/Hm timbmifawm 27/7 30/7 30/7 3/1 STOK BUM Mm UM/TUUrr MAM/tIMM HIUK -SHMMTk' *17HB 14-11/7 C/t580 words
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Advertisement362 1986-06-23 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon filial fmmn I 2/4 M 4/4 M 1/3 M V* BANK LINE EXPRESS SEMICONTAfR NORTHBOUND TO UKC SPORE HMD IVYBMK VI6N 4/7 31/7 FORTMANK VIM 16/7 9/S TMJSALA SAMOA V 7 31/7 25/8 TO AHA MUGN V.l 15/1362 words
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Page 22 Advertisements
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Advertisement1307 1986-06-23 22 K USA CANADA ftTLHITIC COAST (Bound Tho World s.r»ic.) 3J\ KAWASAKI KISEN KAISHA, LTD. 1 0. KWGHT ¥27 N. GARNET V 4 0. FREEDOM V 9 FJM. BRDGE V23/6.K. BRDGE VI NT .4 Aug 10 Aug 17 Aug 24 Aug HEX 5 Aug 12 Aug 19 Aug 26 Aug STORE1,307 words
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Advertisement727 1986-06-23 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* PK«*n« I iMMf Vessel Sydn Also Accepts CHAWBAS V2O» hA 10 W I! M 1(M Met Bm CAIABAR V? 6 2B tun RAVOAS ¥32 10 M KM 3Ah 31 M AM/Bns KAMOAS ¥M 24 M 14 Auf 23 A«| 21 Aa| Adet Bns727 words
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Advertisement518 1986-06-23 22 GOLDEN LINE GUMt GIMN SMPPING (PTE) LTD 21, TM* l T Street SMGMOM 0104 m SJ4MU (If LKS) STRAITS/PERSIAN GULF SERVICE: s*. 60UW Cin Cotombo Hjtjcl* Ifcivjl Dub» eaHM HONDO Cotonbo Mfxhi/Dvtei/Dote 21/30 Mi t/i Mr CHINA OCEAN SUPPING CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA 26/6 30/S MWI/M—p MT.IKF.W.ui518 words
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Advertisement427 1986-06-23 22 f INTRASEA (PTE) LTD. 10 Anson Road "27 16 Internationa 1 P'a/a 1 Singapore 0207 Tel *****11 (1 O Lmesl o BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LINES) TELEX RS ***** PHILI WEEKLY Id t FCL I ETA STQK sot VICt MBOU-UST PORT a/t.427 words
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Page 23 Advertisements
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Advertisement598 1986-06-23 23 NEPTUNE ORIENT LINES LTD Sport NEPTUNE AGENCK PTE. LID fl 81/AUST TM/SU Tat Mi A. Inwl OS HOMES 27tN77 21K?53 *****42 *****77 *****22 »*1253 ORORKT IMS *****10 ?7MUS For nrt tr«|M pfciw cat *****44 P Koto* NEPUNE SON. BHD. 36mi7/*****45/36N553/3U7426 K.L»i*v NEPIIf SON. M>. *****71/*****34/*****35 Pmjnf NEPIRC SON. BHD. *****0/62M35/*****0/*****1/*****2598 words
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Advertisement346 1986-06-23 23 HEUNG-A SHIPPING Korean Flag Vessels DO*AM SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON VSLS Ho t Dwmi/WW No 7 Deaa»/MSN No Dmn/HW Ik t Dm/iM No I Danan/tOtt No 7 Denan/tOM No i Omm/tm No t Donan/MTN SPORI HfPIIINf AG!NCIf S PH I ID lel 718<>9/? ?/8 l346 words
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Advertisement801 1986-06-23 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUN.DMG 55, Market Street Sinfapore 0104 Tel: *****33 (15 Lints) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARKAT NAM SOON SON. M. IST AND 2ND ftOOfi. NO 1. JALAM CCMPENMG. PORT801 words
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Page 24 Advertisements
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Advertisement433 1986-06-23 24 Tm REGIONAL CONTAINER LINEsI TO BANGKOK (5 WEEKLY SAILINGS) SINGAPORE Tue 124-24/6 Tue/Wed 124-25/6 Thu/Fri lE3IEEE TUNG HAI NO 2 SEA DRAGON PIYA BHUM THAMA BHUM TUNG HAI NO. 2 RATU KONSORTIM SEA DRAGON PTTA BHUM 023 Sat Sun Tue Tut/Wed Thi/Fri Sal/Sun Sun Tue Tue/Wed 24-24/6 I Fri/Sun 24-25/6433 words
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Advertisement172 1986-06-23 24 OCEAN BRIDGE SHIPPING PTY LTD, ■(g)s. FREMANTLE V REGULAR SAAJNG TO FREMAMTLE m mDi coast n» 7/7 no %p 'General Agents IITIkOV Shipping CO Pft« Ltd. IXMSM 14-02. Ctd C«vt S pmt OIK I* 223(273 Tttei Ha. RS 2123* MOV LEONG SHEN SHIPPING (S) PTE. LTD. ETA ETD KSTIMTION ftELAXA172 words
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Advertisement194 1986-06-23 24 LUCKY SEAWAY SERVICES S porp T f»l > iHHISS Tt> K Tol 008 22 1 78b SW/.J9 T1 MA ***** Seaway 3.E. Asia to Itod Baa/M#d»t*rr«n«an. BIT N)0K» PJSLM6 IOAOMG FOi I 1979 20/7 25/7 38/7 Mm. HMA Itobyw Trt 03-*****M/242N7C. Ik: MA ***** En* S PORE TO COLOMBO/BOMBAY ETA194 words
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Page 24 Miscellaneous
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Miscellaneous169 1986-06-23 24 Weather y 0 to ■>) 1 aft 'V. 1 7*^ r 4g^S^*' 110 EN SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO A.M. THIS MORNING. CS^' Wind direction with speed in knots Wave height LEGEND IP Temperature °p V ThunderMorm Weather V Wmd direction with speed m knots Shower Rom Wave169 words
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Page 25 Advertisements
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Advertisement253 1986-06-23 25 'Hijr a; SERVICES TO CHITTAGOIfG Vot ETA ETO CMUNC THUS! UNKM I «2/K 24/ C M/t COLOMBO MSASSAOOR I K/M ki tat ki tat CTG stm nm 03/ts w w calcutta IBM CALCUTTA, BOMBAY COLOMBO. KARACHI ON MOOCfMENT AGENTS BAYANIHAN SHIPPING PTE LTD Tel: *****1* ltf>M) Tlx: RS WW BAYHAN253 words
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Advertisement267 1986-06-23 25 px RT. PERINTIS LINES SINGAPORE/INDONESIA m c«t*« m VESSEL VOY SINGAPORE JAKARTA PRASETIA 47-41/86 27/6 29/6 49-50/86 4/7 6/7 51-52/86 11/7 13/7 General Agents: Asio Perintis Lines Pte Ltd Tel: *****33 REGULAR SERVICE TO INDIA ETA SAUK ROTATION N 24/6 SPORE/MADRAS >TRI 23/6 STORE/BOMBAY TBN 23/6 STORE/CALCUTTA GENERAL MTERNAVE AGENCES267 words
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Advertisement386 1986-06-23 25 SINGAPORE PENANG PORT KELANG *****11 (12 Lines) TELEX: RS ***** FRTMAN 04-*****7/*****4 TELEX: MA ***** FRTMAN 03-*****07/8 TELEX: MA ***** FLEKUL NEW ZEALAND UMTED STATES 25/6, 7/7 24/6, 7/7 27/6. 1/7 25/6, 29/6 25/6, 29/6 28/6, 30/6 27/6, 1/7 28/6, 30/6 LOADNG FOR SYD, MELB, ADE, BRIS, FR£. BROOME. PKDLAND,386 words
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Advertisement45 1986-06-23 25 TIGER EXPRESS LINE CONVENTIONAL EXPRESS SERVICE TO COLOMBO A BOMBAY ETA S'pvt I n*n tar BMTMC HMWM VJ» 32 1 My Bm*»/<*■*• BIT. 1974 General Ajentj HM SUN HUP CO. PTE LTD T* 22MW 200 C«*—im> toai#oMl Si S'pm I2M lomme m nmnrtuio) ram n/ps45 words
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Advertisement286 1986-06-23 25 GLORY NAVIGATION GROUP utmm TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT •AT ATTRACTIVE RATES* 6 VESSELS OF LOG CARROS 5 VESSELS OF BRAND NEW TWM DECKERS REGULAR LMER SERVICE FROM TAIWAN TO SMGA PORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO T OCEAN HT L MARIt CORP PTE286 words
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Page 26 Advertisements
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Advertisement533 1986-06-23 26 iff EXPRESS CONVENTIONAL SERVICE TO AN) FROM UK/CONTINENT TO: MAN STOtt PKIAN6 PENANG fOfc 10* MMT 4/7 M J/11 M 11/12 M H/U M I^ITIUK. FM: EUROPE PKEIANG STONE BANGKOK HMD Sd SN Sd kW MM. AW. NULL 3/4 M 5/t M 7/1 M 12/15 M MS. NMM. ANT. HUU533 words
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Advertisement414 1986-06-23 26 NEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO Ntst IWirtu AfMt Na«( Mil BHMB SM BB T«t M4142K. M-CICISI Nrl XtM* WJUOtD EAC AGENCIS (M)»N T«t 13-X*****/3 PMitt Hint SOUTH THRUM) SWWK SJtWCfS414 words
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Advertisement716 1986-06-23 26 C.Y. LINE (A M«mb«r Of The ACE Consortium) CHO YANG SHIPPING CO. LTD niiL> comuoßto sancc to eukk om so KOIKAN MCUH Mil kptuc atrsm ftw 2/7 KOKMt CHMKX 2711 J/7 JOW JEAS MOO ns« 11/7 r» latter* Um ft*m HWf tnm Wn| 14/7 15/7 17/7 11/7 M/ 7 a/7716 words
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Advertisement819 1986-06-23 26 Everett Lines COMPAIiA PERUANA DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" tot Callao Mataran. to and al otlMf Pemian ports witti transhpntnt at Kobe On CPV Through Bdh of lada* to tmji destination Penanf* P. Ketar* HUeCVEKETT MMOLOCVEHTT THOMASEWRETT S«( apart 21/27 Jw 6/7 M 21/23 M 3 EVERETT ORIENT LINE"819 words
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Advertisement339 1986-06-23 26 ZIM NON-CONFERENCE NOOOENT FULL CONTMNER SERVICE accopto* FCL/LCI carroes to USA East 4 Host Caast, CanttoanXast Canada md HMD Ftu» *a nasi x( K ft KVSI 17* ft nam m.7.k ft DESSI 24.7* IZM I«T0 21* 111* 141* MM 111* 141* llllf 711* 241* 22.1* 311* IS* ZIM EILAT CONTAINER339 words
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