The Business Times, 24 June 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, JUNE 24, 198« 75 CENTS
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  • 684 1  -  By MARGARET THOMAS ON A BRIEF STOPOVER on his way to the US, Acting Trade Industry Minister BrigadierGeneral Lee Hsien Loong met 15 leading British industrialists to gauge their reaction to Singapore's recent cost-cutting measures and to answer their questions on the
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  • 59 1 Reuter OPEC PRODUCTION is averaging a two-and-a-half-year high of 19.1 million barrels per day this month, fuelled by higher Iranian, Libyan and Saudi Arabian output. The Middle East Economic Survey said yesterday that the upsurge, coinciding with this week's Opec meeting in Yugoslavia, could have
    Reuter  -  59 words
  • 671 1  -  Volume the second highest on record By AMY CHEOK THERE IS NO stopping the bulls in the current market rally in spite of concern over the highly overbought position and the need (or a correction to set in. They dominated trading at the stock
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  • 191 1 Agencies THOUSANDS of angry protesters burnt down a controversial tantalum ore refinery and smashed up a luxury hotel on the southern Thai resort of Phuket yesterday. Thai Prime Minister Prem Tinsulandona then slapped a dusk to dawn curfew on the island "to protect lives
    Agencies  -  191 words
  • 130 1 AP JAPAN WILL ALLOW airlines to raise air fares from the US to Japan by 12 per cent for economy class and 10 per cent for first class, effective July 1, because of the yen's sharp rise against the US dollar. Also, air fares from
    AP  -  130 words
  • 83 1 Reuter AUSTRALIAN manufacturers have predicted a gloomy economy for the rest of the year. In a survey released yesterday, the Confederation of Australian Industry said business confidence and investment prospects were at their lowest level since Prime Minister Bob Hawke came to power three years
    Reuter  -  83 words
  • 320 1 Reuter CHINA IS MAKING a new generation of guided-missile destroyers and plans to step up its study of electronic equipment in the next five years to boost its navy's strike capability. The weekly Peking Review said yesterday that China's navy was still at
    Reuter  -  320 words
  • 297 1 MORE TAX INCENTIVES are expected to be introduced later this year to develop Singapore as an international fund management centre, Finance Minister Dr Richard Hu told the Nihon Keizai Shimbun (NKS) last week. These incentives would also be aimed at
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  • Page 1 Advertisements
    • 107 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Sisir takes a new tack THE 13-YEAR-OLD Singapore Institute off Standards and Industrial Rassarch has charted new directions for itself after several months of soul-searching. Recent top management changes will soon be evident the guardian of standards will now emphasise industrial research. See Page
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    • 259 1 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE TV ft RADIO OUR VIEW THE SPATE OF MINISTERIAL TRIPS abroad signals the need for Singapore's business leaders to pursue opportunities overseas more vigorously and, in the process, take fuller advantage of new government policies. LEADER, Page 8 TELEPHONES MADE IN
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    • 165 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Mora dttailt, Pag* 13 Asian stocks, Pag* 11 Anythin; to declare g A preference forKLM." An airline's reputation depends on the quality of its services. Both on the ground and in the air. That is why KLM's friendly, helpful and efficient staff goes out
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  • HOME NEWS
    • 539 2  -  Singapore companies to take up one-third of stands By SAID ABDULLAH SINGAPORE COMPANIES will take up the biggest number of stands at the second Brunei trade fair to be held at Bandar Sen Begawan from Aug 6 to 10. More than 30 local
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    • 470 2 LOCAL FURNITURE MAKERS must sustain their promotion activities in Japan if they hoped to penetrate deeper into the largely traditional market, said a Japanese furniture design expert. The Japanese consumer would not know very much about what Singapore furniture manufacturers have to offer, so
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    • 264 2 THE NUMBER of cars in Singapore could shrink this year for the first time if the trend in the first part of the year continues. At the same time, the used car business is showing signs of picking up, signalling a switch in trend
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    • 65 2 THE MP FOR Bukit Timah, Dr Wang Kai Yuen, will ask the Minister for National Development whether an increasing number of HUDC flat owners were opting to return their flats to the Housing and Development Board, and whether the HDB will commit itself
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    • 390 2  -  By USA LEE GOLDHILL SQUARE has found new shop tenants in a roller-dis-co skating operator and a furniture company to replace former anchor tenant Galeries Lafayette. Roller Disco World, which opened two days ago, is mainly owned by a local businessman, Mr Chong
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    • 139 2 THE SINGAPORE Democratic Party (SDP) is to hold a National Day rally on Aug 23 in Bed ok. The rally by the opposition party will be held at Bedok Athletic Centre. It will begin at 7.30 pm. Pamphlets announcing the rally have been dropped
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    • 57 2 THE Board of Commissioners of Currency, Singapore, has sold a total of 148,422 sets of the 1985 uncirculated coins. A board statement said the issue of the 1965 Year of the Ox coin sets was stopped on June 16. They were the last specimen coin sets
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    • 469 3 THE TWO SETS of data referred to the same thing Singapore's volume of imports of shiitake mushrooms from Japan last year yet the difference between them was a whopping 150 tons. According to Japan's export figures, Singapore, its number two buyer, imported 682 tons of
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    • 214 3 PROFESSOR JB CALDWELL, the dean of the engineering faculty at the University of News-castle-Upon-Tyne, will deliver the first Chua Chor Teck Annual Memorial Lecture in January. The Chua Chor Teck Memorial Fund set up in memory of Mr Chua, the late Keppel Group managing director, has
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    • 330 3  -  By ELAINE KOH PROVISION SHOP OWNERS who have joined the Eicon Minimart chain are enjoying improved sales, recording between one and four times the turnover of other provision shops. This was stated by Dr Ow Chin Hock, the Member of Parliament
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    • 155 3 A FIVE-MEMBER economic research mission from the Republic of Korea arrived in Singapore on Sunday for a twoday visit. The five visitors are Lee Tae Keun, the chief, systemisation direction section of the Korea Federation of Small Business; Kang Youn Ku, an assistant director,
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    • 222 3 ABOUT $3.8 million has been spent in renovation and the installation of new systems to give the public better services at the new Immigration Department bead office in South Bridge Centre. The head office, which opens next Monday, will be air-conditioned and
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    • 514 3  - Singapore's AT T phones make connections in US By ANNA TEO THE FIRST telephones made in Singapore by American telecommunications giant AT A T are "selling very well" in the US. The local manufacturing plant will also be adding more new product lines this year. AT A T's Trimline 400
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    • 111 3 CITY VALUERS A Consultants, a local property consultant group, has teamed up with Debenham Tewson A Chinnocks, one of London's largest consultants, to form a new company. The new company, Debenham Tewson A City Consultants, would enable City Valuers to develop internationally, said
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    • 60 3 AMERICAN EXPRESS has been appointed the official travel agent of Cahners Exposition Group in Singapore. It will also promote Cahners's exhibitions to cardmembers in Asean by direct mail. As Cahners's official travel agent, it will provide inbound travel services such as hotel accommodation packages,
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    • 481 3 MILLION-DOLLAR houses are still attracting a fair number of buyers in spite of the economic recession. At least 17 such houses have been sold in the last seven months, mostly to local professionals and businessmen plus a few foreign buyers putting some |30 million into
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  • Page 2 Advertisements
    • 287 2 Canon These days a businessman deserves all the breaks heca et. That's why we created our Canon 3000 Generation Copiers. Only Canon now offers you so many copying advantages for so little. Canon thinks times are tough enough for businessmen, so we've created two new copiers to reshape your competitive
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  • Page 3 Advertisements
    • 106 3 HEALTH SUPPLEMENT BY NATURETIME Blackmores, Australia's r-rn f leading health care company, firmly believe a l^at a P 08 attitude is i Ij the first ingredient of good f health. To be followed by proper diet, regular sleep and exercise. Executive Formula B Blackmores understand the busy schedule of executives.
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    • 123 3 -sv* ,wJ I I If u ■A X > m a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 9:35. So you arrive in Seoul in the afternoon. And once you 're in there, who knows what treasures, and
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  • ASIA-PACIFIC
    • 518 4 Lamentable to look outwards for the region's fulfilment, says Cory Aquino Agencies ASEAN SHOULD STOP looking to the West (or its economic progress and must build its strength from within. "After 19 years of existence, Asean should already be evaluating the impact of regional economic
      Agencies  -  518 words
    • 148 4 AFP THE MINING, paper, and sugar industries were among those hardest hit by the unstable Philippine economy last year. The News Herald, reporting in Manila on Sunday, quoted data from the government's corporate watchdog. Also affected were cement, shipping and land transport companies
      AFP  -  148 words
    • 304 4 AFP SOUTH KOREA and the US have started a two-day annual economic meeting in Seoul to dismiss bilateral trade friction and other economic disputes between the two countries. Officials said yesterday that US pressure to open the South Korean market to
      AFP  -  304 words
    • 314 4 NYT THE US INTENDS to tell the Philippines that it has expedited about US$2OO million for Manila's use in helping to deal with its immediate economic problems. American officials said on Sunday that Secretary of State George Shultz was expected to announce the
      NYT  -  314 words
    • 416 4 AP PRIME MINISTER Yasuhiro Nakasone, now on a vigorous campaign trail for the July 6 general elections, has said he may participate in Japan's first public election debate in 26 years among political party leaders of the left and right. Tokyo newspapers reported
      AP  -  416 words
  • Page 4 Advertisements
    • 204 4 i s s A J- 4,28r •v v "t V *yr--MraHß If you've always thought of a flight as something to be endured, we invite you to read on. Thai has covered a lot of mileage to make flying the pause that refreshes. And especially so if you're a business
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    • 117 4 COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn back on. It means appetising swiss-style veal for dinner. Orbeefrendang, teppanyaki, sushi, sharksfin....
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  • REST OF THE WORLD
    • 352 5 Reuter A STRONGER world economy and pre-election tax cuts will raise UK output growth to more than 3 per cent in 1967/88 but unemployment will remain above three million until 1990. According to the London Business School's latest forecast, the economy
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    • 246 5 Reuter BRITISH manufacturing industry's order books show no significant improvement in demand compared with the flattish and patchy first quarter this year. According to a monthly survey by the Confederation of British Industry (CBI), conducted between May 90 and June 18, only 11
      Reuter  -  246 words
    • 182 5 AFP SUNDAY'S legislative elections in Spain gave the Socialist Workers' Party another four years to govern in a political climate that is basically unchanged, except for new strength in parliament by the Basque and Catalonian nationalists. Winning a majority in the Lower House
      AFP  -  182 words
    • 751 5 ARRIVALS Operator Service Local From number time GIA GA960 1100 CGK SIA SQ105 1105 KUL SWR SRI 62 1105 ZRH/KH/CMB SIA SQ20I 1145 CGK THAI TG403 1155 BKK SIA SQI9I 1155 PEN MAS MH682 1230 KCH GIA GA940 1235 MES SIA SQ107 1250 KUL SIA SQ203 1300
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    • 199 5 Reuter AFRICAN finance ministers have failed to reach agreement on a controversial plan to set up an African monetary fund. A statement issued on Saturday at the end of a three-day meeting in Libreville said more talks were needed to create such
      Reuter  -  199 words
    • 374 5 UPI WASHINGTON and Moscow have discussed measures to counter the possible use of nuclear weapons by terrorists. US Secretary of State George Shultz told the German newspaper Die Welt in an interview in Washington last week that the US and the
      UPI  -  374 words
  • Page 5 Advertisements
    • 51 5 I I II \I I If II I Every Tuesday, Thursday, Saturday and I 1 V| I W1 I| Sunday. Leaving Changi Airport at I JvyJ- x-L i 22:05 hours and arriving at Heathrow gt 07:05 hours the following morning. Call Air Canada at *****55 or your Travel Agent. AIR
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    • 601 5 M.C.(P) No. 173/5/86 Your direct line to a billion dollars x ATTENTION East Coast traders! WEEKENDeast offers you a powerful, costeffective means of wooing customers from 75,000 homes with an aggregate annual income of almost $1.5 billion. Our lively new tabloid will reach the desig nated households for sure it
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  • Page 5 Miscellaneous
    • 63 5 Doonesbury RIGHT OY7HEUT7I3 okay, ao&oFsr.eeoßee. uh&Z ANPCH£CKii*ene& J DOT WUILBe N J S&K AT7BNPING 4 THERMAL m jyri w yup xmime V€HBDM& ennnesyou. TMHvrrw -neiNvrrztH&e IDTHB tNYOUR ÜBWNG* Flit. BY GARRY TRUDEAU I PONTm- THE OTHERSIUFF U&BTHtS! INTHB&ISTHE TM6CHN6 VISCOUNTY PBRTOMeer zonal F€F&B' PAP6RS. m m z ffl m r
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  • RAW MATERIALS
    • 369 6  -  By FLORENCE CHONG AUSTRALIA'S import income from wheat traditionally its second largest export earner is set to drop by as much as Af6lo million in the coming 12 months. The world price for the commodity has fallen from the equivalent of Asl7o
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    • 500 6 Reuter MALAYSIA is seeking to become the leading tin trading centre by internationalising the Kuala Lumpur Tin Market (KLTM) which currently only trades in domestic tin. Government and industry officials said that Malaysia, a major tin producer, is also trying to
      Reuter  -  500 words
    • 70 6 Reuter INDONESIA exported 507,000 tonnes of rice in fiscal 1985-86 ending March 31, compared with 105,000 tonnes the year before. The International Monetary Fund said Indonesia, previously a major buyer of rice, achieved self-sufficiency in 1964 and was forced to export because it could not store
      Reuter  -  70 words
    • 146 6 Reuter MALAYSIA is concerned over prospects of an increased world natural rubber surplus by 1990, Malaysian Rubber Research Development Board official Lim Sow Ching said. He told an International Rubber Study Group forum in London that Malaysia had always been very successful in making adjustments to
      Reuter  -  146 words
    • 264 6 AP PERU, JORDAN, Sri Lanka, Bangladesh and 24 other countries are all buying more American wheat than the Soviet Union, long a top buyer of the US grain but is now just another customer. The US Agriculture Department's latest weekly export report
      AP  -  264 words
    • 565 6 COFFEE Robusta futures ended a dull morning's trading near session lows yesterday, posting losses from last Friday of £33 to £35 a tonne. Dealers said bearish fundamentals and charts and lack of physical activity kept prices under pressure from the expected lower opening, with softer sterling in the
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    • 101 6 TIN PRICE SB the KutU Lumpur Til Market mam three eeats to eleee at MSl4.fi per kg yesterday frem last week'* clese, la (airly qmlet tagDealers said sappert was iaeUag as everseas bayers were relaetaat to trade after haviag met mest their reqairemeats last week. Oaly light scattered
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    • 171 6 MALAYSIAN crude palm oil prices closed lower yesterday on light selling and buyer reserve in line with a weaker Chicago soyoil futures close last Friday. Trading was thin in the absence of fresh factors. Sentiment was also dampened by the continued uncertainty surrounding results of India's weekly vegetable
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    • 149 6 Chinese Produce Exchange Sellers' noon closing prices on June 23 (S$/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61.00 New drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1182.50 Sarawak White FOB faq NLW 1167.50 Sarawak special block FOB NLW
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    • 326 6 SINGAPORE The rubber market closed steady yesterday with July One RSS buyers quoted at 172.50 cents per kg, unchanged from last Friday's close. Dealers said the morning session lost 0.75 cent on some long liquidation in very quiet trading. Prices gained ground in moderate afternoon trading on some covering
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    • 291 6 RAS prices in S cents/kg, FOB in boles NOON CLOSE 5ill<n Buyers Scllcri Int 1 RSS Prompt 172.00 I73 00N 172.50 173.50N Int 1 RSS Ju»y 86 171.75 172 25 172 50 173 00 Int 1 RSS Aug 86 171.25 171 75 172 00 172.50 Int 2
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    • 99 6 (cents/kg, 1-ton poltetOjULY 86 AUGUST 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 158 50 160 50N 159 00 161 00N SSR 50 155 50 157.50N 156 00 158 00N MRELB Buyers Sellers Buyers Sellers SMR CV 222 00 224 00N
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    • 67 6 Bangkok Broken Rice (US$/toMM, FOB) A-l Super 118 White Rice A-l Special C-l Special 115 <jnq 100% 1st ckjss 250 C-l Ord unq 100% 2nd ckm 220 Loonzain Rice 100% 3rd class 215 100% 1st grade unq 5% 205 100% 2nd grade 215 10% 200 3 rd 9 rod
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  • Page 6 Advertisements
    • 442 6 u T 11 TOTTFiTTiI«TTrriI ca re devotion we lavish on this aspect of our cars is,to put it mildly, insane.(Rather like the nervous energy of Mr. Van Gogh, we suspect.) For example, yw before the exhaustive jk tedious paint process begins, the steel sheets A are subjected to a rigor-
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    • 70 6 WOODS OF REIGATE UK Car Rental Over 20 years' experience Fleet size over 1,000 vehicles Besides Reigate, new depots at Glasgow, Edinburgh and Manchester Rates from: £79* per wfc or £307* ptrmth X'Unlimited milMg* />7 \TO\ I inclu»tv« VAT W\f\ 7 fa- -jjfr ■i caiiti- 4 •i Contact our local
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  • Page 7 Advertisements
    • 244 7 THE VIE 1 I N S 1 N 0 R E mm* 9 n I r ?■s!&s& ■jmsH 1 x i wh r s f\ »'i' k liV fin *«r* Tr V t f 1~- .»r <£%. H s C? *i if fS- t f, i 5iT" <* ip--7 r
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  • FEATURES
    • 440 8 SINGAPORE'S economic successes since the mid-1960s were the result of good planning and hard work. This formula is being put to the test once again. The main thrusts of new economic plans, which signal subtle changes in policy, are virtually in place following adoption of
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    • 1609 8  -  LOH HUI YIN reports on the move to help small- and medium-sized enterprises LOH HUI YIN TOP MANAGEMENT of the Singapore Institute of Standards and Industrial Research has charted out new directions for the 13-year corporation and this will be evident in the months ahead.
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  • Page 8 Advertisements
    • 54 8 Training improves your hance Let BT show you how every Wednesday. NADA MAN Vi"T Where East meets West. For the very best in Japanese and Continental dining where else but the Shangri-La. Hi RESTAURANT For reservations, ring Esther on *****05 or *****44 ext. 1954. Ample FREE parking. Shangrita hotel SINGAPORE
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  • Page 8 Miscellaneous
    • 44 8 BriStc^JtenlcDicfcezS Ler roe >s/r DOU>I4 P<MD UNUJ<MD. SPejsTT "THe nnoST CQNFOS»MG MOUR OF m y UF^ AN OFfic£ Or 4 T»-|£ FUDOR likc R YOU CAM USRLK ROUND FOR. hours rmd mot meer f\ soul.. RND RS RnlOing toOR U)RV OUT YOU N€6D R >
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    • 668 8 CRYPTIC PUZZLE ACROSS 1 Figure a complaint to be generalised (5) 6 Soothes with a number of charitable offerings (5) 9 Normal name for a river (7) 10 Hit that nail! (5) 11 Weapon like a tiger's tooth? (5) 12 Mistakes that are careless with a hod (5) 13 Like
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  • SPORTS
    • 658 9 Diego scores disputed goal in Argentina win WORLD CUP '86 Agencies SENSATIONAL Diego Maradona yesterday shot Argentina past England 2-1 and into a semi-finals' match with Belgium, which ousted Spain in a penalty shootout (or the last berth in the World Cup quarterfinals. Argentina,
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    • 439 9 UPI THE PRESENT World Cup format for finding two finalists from 24 teams has aroused criticism among coaches, Just like the system used at the 1962 World Cup in Spain when the field was raised from 16 to 24 teams. In 1982, there were
      UPI  -  439 words
    • 218 9 UPI IN WHAT has become the year of the old athlete, Wimbledon is the perfect opportunity for Jimmy Connors to join Jack Nicklaus and Willie Shoemaker in proving his triumphs are not all in the past. Play opened on Sunday in the 100 th
      UPI  -  218 words
    • 371 9 AFP SEVERIANO Ballesteros is not a player likely to squander a five-stroke lead and his victory in the Irish Golf Open in Portmarnock, Ireland, on Sunday was never really in doubt. But the 29-year-old Spaniard was nevertheless put under tremendous pressure and he
      AFP  -  371 words
    • 181 9 AP CHI CHI Rodriguez shot a. steady 2-under-par 70 on Sunday to coast to a two-shot victory, Jo, the Senior Tournament Players championship at the Canterbury Golf Club in Cleveland. The victory was the first en the senior tour (or Rodriguez, whose final round of 70
      AP  -  181 words
    • 237 9 Reuter 808 TWAY played a spectacular final round of eight-under-par 64 on Sunday to beat fellow American Hal Sutton and win the US$5OO,OOO Atlanta Classic golf tournament by two strokes. The 27-year-old Tway finished with a total of 19-under-par 269 and earned US$9O,OOO. Sutton had led
      Reuter  -  237 words
  • Page 9 Miscellaneous
    • 1262 9 wj [aaQtii) TUESDAY PREMIERE QrtMtd Lightning 10.30pm, Channel 5 Automobile racing legend Wendell Scott and his fierce determination to make it to the winner's circle is depicted in this fast-paced true story. After his discharge from the army, Wendell gets involved in the dangerous business of moonlighting as a moonshine
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    • 84 9 Play golf the Sevvy way Some hanpicap golfers NAVE mOtmi£ 6M*V0«V6 FAOM INU&E TO OUT. 7Mr SNOUtp-my A sushtlv ctcmsn mm*cm the r*sht foot shoulp 3£ PULLEP SACK AN tNCN OR TWO FROM TUB TARGET r fT fe ,/TCAN ALSO »..ITCAN ALSO HELP TO PLACE THE LEFT FOOT NEARLY AT
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  • INTENATIONAL COMPANY NEWS
    • 984 10 FT NOT FOR NOTHING is Christopher Reeves, the chief executive of Morgan Grenfell merchant bank, sometimes referred to in -the City of London as "Superman". Apart from sharing the name of the actor who portrays the cape-clad hero, his bank's rate of growth has
      FT  -  984 words
    • 355 10 Reuter AUSTRALIA'S diversified resources group CSR Ltd plans a new expansion phase using the proceeds of its proposed 80-mil-Uon-share placement and one-(or-10 options issue. In an interview coinciding with the release of CSR's annual report, executive director of finance Gene Herbert forecast
      Reuter  -  355 words
    • 631 10 FT RALEIGH, the company that took the bicycle to the British Empire in the early decades of this century, is seeking to break into the biggest market in the world China. "They make 28 million bikes a year there: it is
      FT  -  631 words
  • Page 10 Advertisements
    • 579 10 \o/^ <&' H m Witere id wise, as aafl «iMa 8£ 1/ ir=S> Cf% Treasures erf the sea The majestic Pine Court restaurant specialises in Beijing cuisine. The menu features 156 items, many of which are seafood delicacies. Among the most popular are braised oeche-de-mer, fried scallops with bamboo shoots
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    • 168 10 Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat for the family. V. Weekday fare (Lunch only) A# Only $60 for four persons or $90 for six persons. ($l5 for extra person). |> Two splendid menus
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  • ASIAN STOCKS
    • 333 11 HONGKONG: Share prices yesterday reversed early gains to close lower, mainly due to selling by institutional investors. The Hang Seng Index lost 3.89 points to 1,777.15, after gaining more than four points in the morning. The Hongkong Index ended 1.50 lower at 1,108.77. Share prices rose initially partly on
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    • 197 11 JUMf 23 MT 2.10 -0 04 KoCn Kuochan Dev Lm Chang Yuen 27 90 23 00 -1 -1 25 60 -0.6 34 80 -3 31 70 -0.3 12.50 -09 44 60 -0.4 34 00 -44 25.00 -0.7 21 80 -0.5 Om Hun Cement 25 90 1035 -03 -03 Pacific
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    • 429 11 TOKYO: The market average yesterday ended marginally higher, but still managed to finish at a record close for the fourth consecutive trading day, helped by the huge surplus of funds at institutional investors and companies. After rising 40.64 to an all-time high of 17,495.50 in early trading, the average
      429 words
    • 78 11 JUNE 23 Paw Moret««l Onantol B 0.011 unch Phi Ov«rv«o» 0 015 unch Acof* Mmg Anglo Phi Phtox B 0.21 inch Ap«x Miring B Arte* Con. B 0.01 13 unch unch PLOT 108 +3 Bagmo Gold 0 001 unch Son Miguat B ooox ***** 0 006+ 0 0005 Uanguct
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    • 352 11 SYDNEY: Australian share markets yesterday closed marginally easier in thin trading, with support for quality industrials offset by a fall in BHP in late trading. At the close, the All Ordinaries Index had eased 0.1 to 1,214.8 and the All Resources 1.1 to 663.2. The All Industrials added 1.3
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    • 98 11 JUNE 23 Won -40 -6 +35 unch +22 15 -154 +73 11 Kanawon tnd K1A Motor Koton tnd 1340 2040 2240 35 100 urvch Doetm knd Doewoo Corp Doewoo Heovy Dong Ah Phor 540 1200 1525 910 Korea Long-Term Lucky Ltd Oriental Brewery Pacific Chemical Samung Bee 950 1429
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    • 139 11 BANGKOK: The Securities Exchange of Thailand Index yesterday gained 1.10 to 128.73. Turnover amounted to 266,941 shares valued at 51.0 million baht. JUNE 23 Ao Khom Thai Alio Ffcra Ayudhya Invastmant Bangkok Agro-kid MM 136 29 50 172 108 ♦A 4 1 Sam Cement Starr* Citizens Siam Gfaens Leosng
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    • 50 11 Reuter HYSAN Development Co Ltd has acquired, in principle, two properties in Hongkong for HKJBSO million. The deal was arranged by First Pacific Da vies Properties Ltd and the seller's identity is unknown. However, industry sources said the two properties originally belonged to Indonesian interests. Reuter
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    • 647 11 Correction likely around election time Reuter THE TOKYO Stock Exchange looks set to shrug off a brief downturn earlier last week and resume its upward trend in the short term, according to market analysts. Many added that while prices seemed liable to correction
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    • 186 11 Reuter TWO SMELTERS in northern Japan will smelt zinc under contract for Mitsui Mining and Smelting Co Ltd after the closure of its Miike smelter at the end of this month. The Miike smelter, with an annual production capacity of
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  • Page 11 Advertisements
    • 572 11 *tadE& I FASHIONABLY HYATT Join the fashion- conscious every Tuesday and Wednesday (3.00 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches.Showtime: 4.30 pm Tea
      572 words
    • 145 11 Peking 4 Sichuan Restaurant Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 Dinner/Supper Time: 7pm 3am > "•J V- i'r Jr- >- 10* »ervce charg* ft 3% oOv«rnm«fit ttx'not Included. 1,7 hjuivA k PEKING 6 SICHUt (CAIRNHILL HOTEL) 19 Cairn hill Circla.
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  • BANKING AND FINANCE
    • 732 12 Reuter YIELDS may have to rise this week to lure buyers for the US Treasury's US$l4 billion mini- refunding, but many economists J the Federal Reserve will "soon cut interest rates again and give the markets a lift. "There will almost certainly be a
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    • 300 12 Reuter BANK OF JAPAN governor Sato6hi Sumita said the central bank is not considering a cut in its 3.5 per cent discount rate now as its credit stance is already easy. "We are currently considering no fourth discount rate cut (for the year) at
      Reuter  -  300 words
    • 157 12 Reuter JAPAN will not be able to deregulate interest rates on small deposits if the giant state-run postal savings system is left intact, says a Japanese banker. While backing a recent advisory report calling for gradual deregulation of the sector, Dai-I-chi Kangyo Bank president Nobuya
      Reuter  -  157 words
  • MONEY AND EXCHANGES
    • 779 12 SINGAPORE The US dollar closed firmer yesterday against most major currencies in moderate trading. The dollar ended firmer at 2.2720/30 marks compared with New York's last Friday's 2 2600/10 close. It ended stronger at 169.00/10 yen compared with New York's last Friday's 168.10/20 close. The greenback closed higher
      779 words
    • Article, Illustration
      336 12 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. The smaller-thaa-expec-ted 0.2 per cent rise in US May consumer price index had little impact on the market. Most operators were largely sidelined due to the absence of fresh factors. Short-dates were steady to
      336 words
    • 112 12 THE OVERNIGHT rate on the Singapore interbank money market roae by 1/8 point from last Friday to close at 4 per cent yesterday. The one, two and threemonth term rates remained unchanged. S$ Interbank rates at 7pm yesterday: OH*r fed Over n»ght 4 3 7/8 I -month 4
      112 words
    • 202 12 Interbonk rotes ot 3pm yesterday: Local dollars to •M unit of foreign CMWMyt ■M ONw a <000 perttj US dolor Storing pound Austraian dotor NZ dolor Canodian dolor 2 2275 3.3145 1.5169 1.1801 1.6048 ***** 3.3182 1.5198 1.1840 ***** 2.8196 7.3469 3 4286 3 4286 ***** -21 00
      202 words
    • 329 12 BA Futures SEPTEMBER hwWlir opened slightly lower yesterday (ran CME's close at 93.24 and eased off to S3J2 In light trading. The market continued to be quiet during London's opening and the contract finally closed at SUI Currency futures opened sharply lower as the US dollar continued to firm
      BA Futures  -  329 words
    • 238 12 HONGKONG: The metal closed higher yesterday after a low opening as buying by Japanese Interest in the afternoon forced early sellers to cover their short positions. Bullion settled at U*****.35/S5 an ounce against an initial U*****.60/340.00. This compared with last Saturday's USS339JO/340J0 dose here and New York's last Friday's
      238 words
  • Page 12 Advertisements
    • 756 12 Republicßank Corporation FINANCIAL STATEMENTS LIABILITIES AND STOCKHOLDERS' EQUITY Deposits: Demand deposits 3,566,036 3,710,243 Consumer deposits 3,276,631 3,924,493 Negotiable certificates of deposit $100,000 and over and public funds 5,901,839 5,962,049 Foreign office deposits 2,877,871 2,567,592 Total deposits 15,622,377 15,764,377 Short-term borrowed funds: Funds purchased 1,668,423 2,003,412 Commercial paper and demand notes
      756 words

  • SHARE INFORMATION
    • 4158 13 SHARE PRICES on the Singapore stock market raced to their highest levels in more than seven months on the heaviest volume recorded so far this year. The strong buying spree which hit the market right from the opening bell left both the
      4,158 words
    • 261 13 SINGAPORE Ri«M IM W 195 +65 «TC Unrt T« 140 30 H S T <70 22 fTCH'OS H L«M« Om*» 390 22 ITCAW *«*>—■ 640 +20 rrotv UOI 426 +11 STMMMi »I>wii 209 +l« ST FMKI M Gtaa 165 It ST HMA C»T«( 232 +17 ST f
      261 words
    • 3779 13 BID and after prices officially listed and Nislw in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in Ml of 1,000 units uaieas othei wise specified. All Time Settlement Contracts are quoted after the word
      3,779 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 942 14  -  By AMY CHEOK AMU3ST THE buying euphoria currently sweeping the Singapore -stock market, London broker Kleinwort Grieveson has hand-picked, among others, five loc&L blue chips as long-term buy recommendations. The stocks which Kleinwort has'.chosen in its June circular include Singapore Press Holdings-,. Singapore
      942 words
    • 3007 14 BID «and offer price* officially listed and business in and reported to the Kuala Lumpur Stoc? Exchange yesterday, with<he number of shares traded slown in brackets in lots of 1,000) units unless otherwise specified j- NXJSTRIALS I AcmdKxd) AMD J3068 308S) (I) 310 (1) 300
      3,007 words
    • 115 14 HONGKONG All Industrials Hongkong Index Monday 1108 77 Mondoy 1942 8 Friday 1952 0 Friday 1110.27 Week ago 1919.7 Week ago closed NEW YORK Hong Seng Index Monday 1777.15 Dow Jones Friday 1781.04 Friday 1879 54 Week ago closed Thursday 1855.86 Week ago 1874.19 TOKYO Standard Poors Nikkei
      115 words
    • 278 14 Managers' prices for June 24 MARA-Bumiputra First B'putro 4 58 4 63 Singapore Unit Trust The Commerce 0 88" 0 93* Second B'putro Third B'putro Fourth B'putro Fifth B'putro Sixth B'putro Seventh B'putro (A) 427 3 26 3 69 4 32 331 3 74 The Savings Fund 0
      278 words
    • 204 14 THE FOREIGN Investment Committee (FIC) has approved Menang Corp Malaysia's proposal to take a 40 per cent stake in Country View for which it will pay cash of M|36 million in five stages. In a statement to KLSE, Menang said
      204 words
    • 424 14 MBT GADEK (Malaysia) has disclosed further details of the shareholdings of its directors and substantial shareholders. The company said that managing director Syed Mustaffa bin Syed Shahabudin and director Lim Yong Sai, together with their family and indirect interests, had a combined stake of
      MBT  -  424 words
    • 258 14 BANDAR RAYA Development* Berhad: 22nd AGM at 6th Floor, Magnum Plaza (formerly ENE Plaza), 128 Jalan Pudu, ***** Kuala Lumpur, today at 10.30am. MULPHA INTERNATIONAL TRADING CORPORATION Berhad: 12th AGM at 6th Floor, Magnum Plaza, (formerly ENE Plaza), 128 Jalan Pudu, ***** Kuala Lumpur, today at 3pm. PILECON
      258 words
    • 537 14 BULLS CHASED share prices to yet higher levels at the Kuala Lumpur stock market yesterday. Investors showed a lot of confidence and across the board gains were registered. Lower liners were accorded much interest but the larger gains of the day were registered
      537 words
    • 525 15 mim mm™ HOCK LOCK SIEW MALAYSIA'S efforts to lure foreign investors by holding back the transfer of wealth to bumiputras under the New Economic Policy have been evident in the favourable treatment given to giant multinationals recently. Three such companies Nestle, Rothmans and Imperial
      HOCK LOCK SIEW  -  525 words
    • 156 15 TDM BHD's proposed one-for-two bonus issue, which was first announced on April 16, has been aborted. However, the company is still going ahead with the one-for-one revised rights issue at an issue price of $1 each which, when approved, will raise
      156 words
    • 67 15 TAN SRI Khoo Teck Puat has raised his stake in Exco International, a UK-based financial services group, to approximately 28.56 per cent after a spate of purchases last week. Tan Sri Khoo, who is currently the deputy chairman of Exco, acquired an additional 1.2 million Exco
      67 words
    • 569 15 Reuter THE KUALA LUMPUR Stock Exchange would suggest to the Malaysian government that foreign brokers who did not want to take stakes in local brokerage firms be allowed to open representative offices in the country, exchange chairman Nik Mohamed Din said yesterday.
      Reuter  -  569 words
    • 246 15 MEMBERS of the Kuala Lumpur Stock Exchange (KLSE) will decide on June 28 who they want to represent them on the supervisory committee that will administer the Msso million standby credit facility for the stockbroking industry. The exchange has scheduled an extraordinary
      246 words
    • 395 15 INNOVEST Bhd has managed to keep Poon Guan Holdings, holder of the Kentucky Fried Chicken franchise in Malaysia, within the family. This followed the sale of 20 per cent of Poon Guan to Datuk Mokhzani bin Abdul Rahim, the executive chairman of Innovest, representing
      395 words
    • 899 15  -  By HOMER CHEN SEALION HOTELS Ltd is taking legal action against a former director of the company, alleging that he had sent unauthorised letters to three Malaysian businessmen who had earlier contracted to acquire shares in Sealion Investments Pte Ltd. The troubled
      899 words
    • 197 15 THE CAPITAL Issues Committee has turned down Bate Kawaa Bhd's proposed one-for-two bonus issue first announced on March 12 capitalising $64.75 million from its share premium, capital reserve and general reserve accounts. The CIC notified the company that it would not approve a bonus issue of shares which
      197 words
  • Page 14 Advertisements
    • 221 14 Notice i i We,J Coastal Bunkering Services pte Ltd, of 34, Mldille Road, Singapore 0718> hereby give notice that In consequence of the proposed change of name of the Jvessel 'Metro' we have applied to the Registrar of Singapore Ships under Section- 417 of the Merchant Shipping Act (Chapter 172)
      221 words
    • 185 14 COMPANIES ACT, CAP. 18* AND IN THE MATTER OP 4AS A BUMI (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN In pursuance of Section 306(1) of the Companies Act, Cap. 185 that a final general meeting of the abovenamed company will be held at 3 Shenton Way
      185 words
    • 152 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, TIMUR CARRIERS (PRIVATE) LIMITED of 1, Shenton Way #18-06, Robina House, Singapore 0100, hereby give notice that In consequence of the Intended change of ship's name, we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant
      152 words

  • Page 15 Advertisements
    • 821 15 ISLAND FINANCE LIMITED Incorporated in Kw RapubAc of Singapore) BALANCE SHEET A 8 AT 318T DECEMBER, 1965 SHARE CAPITAL AND RESERVES Share Capital (Note 3) Statutory Reserve (Note 4) Revenue Reserve Unappropriated Profit Represented By: FIXED ASSETS (Nets I) LOAN DEBTOBB DUE AFTER 12 MONTHS CURRENT ASSETS Loans and Interest
      821 words

  • 371 16 THE REPUBLIC'S import price index has been revised to take into account changes in the product mix of Singapore's purchases from abroad. The Department of Statistics said its newly-launched Import Price Index, (base year 1965), will replace the 10-year-old Wholesale Price Index of Imported
    371 words
  • 491 16  -  By LOH HUI YIN PLANS FOR A tax concession to promote the export of services by Singapore companies are being finalised. With the concession, such companies will have their for-eign-earned income taxed at 10 per cent, instead of the present corporate tax
    491 words
  • 449 16  -  By FOO CHOY PENG Chitf Reporter IN SPITE of growing exports to the United States, Singapore's contribution to the country's massive trade deficit last year was no more than a drop in the ocean. Estimates from the US Department of Commerce show that
    449 words
  • 67 16 Reuter COMEX GOLD futures yesterday edged over last Friday's highs on dealer buying in morning trading before giving back part of the advance on mixed selling. Gold for delivery in August held a gain of US$l.lO at U*****.80 an ounce, coming out of a high of U*****.00 which
    Reuter  -  67 words
  • LATE FILE
    • 53 16 Reuter THE BRITISH government yesterday reversed its policy and invited visiting African National Congress leader Oliver Tambo (or talks. Souces, meanwhile, said that Prime Minister Margaret Thatcher's government was still opposed to economic sanctions against Pretoria but added that limited economic measures could not be
      Reuter  -  53 words
    • 49 16 UPI THE PHILIPPINE Commission on Good Government said yesterday that Mr Ferdinand Marcos's return from exile was a personal decision the ousted ruler would have to take and it would not stop him if he wanted to come home and face criminal charges. UPI
      UPI  -  49 words
    • 57 16 AFP NEW ZEALAND sees little prospect of an agreement with the US on the Labour government's anti-nuclear policies. Prime Minister David Lange said yesterday that though he would meet US Secretary of State George Shultz in Manila later this week, "there does not seem to
      AFP  -  57 words
    • 51 16 Reuter SOUTH KOREAN dissident leaders Kim Dae-Jung and Kim Young-Sam, dealing with criticism over their agreement to negotiate constitutional changes with the ruling party, pledged yesterday that they would do their best for the release of all political detainees before they started discussions with the government.
      Reuter  -  51 words
    • 81 16 FP MORE than 50 Hongkong organisations have united in an effort to stop the Daya Bay nuclear power project, being built across the border in China, and will collect signatures of people opposed to the plant. If one-eighth of Hongkong's 5.5 million people subscribe, the
      FP  -  81 words
  • 63 16 Reuter WALL STREET stocks retreated in moderate trading yesterday, retracing part of Friday's gain. Traders said a pull-back was not unexpected because the Friday advance was triggered by arbitrage strategies involving expiring stock index futures. The Dow Jones Industrial Average was off 11 points to 1868. Declines
    Reuter  -  63 words
  • 532 16  -  By ALVIN TAY TDK CORPORATION, the world's largest manufacturer of magnetic recording tapes and ferrite products, will find it increasingly necessary in the future to be listed on the stock exchanges of Singapore and Hongkong. Executive vice-president Katsuro Kamiya told BT that both
    532 words
  • 429 16 A NEW programme for economic cooperation between the six Asean countries would have to be drawn up as they all faced economic difficulty, Foreign Minister S Dhanabalan said yesterday. He said Singapore would support every effort 3f member countries to increase intra-Asean cooperation. "It is
    429 words
  • 180 16 Reuter JAPAN, trying every trick in the book to trim its huge trade surplus with the US, has shipped gold three-quarters of the way around the world to ensure that it was imported from America. The Japanese Finance Ministry said on Sunday that gold imports
    Reuter  -  180 words
  • 61 16 AP THE US JUSTICE Department has ruled that employers and public health officials who believe that they are preventing the spread of Aids may discriminate against people afflicted with the fatal disease. This interpretation of the legal rights of people with Aids and related conditions
    AP  -  61 words
  • 47 16 AFP AUSTRALIAN Prime Minister Bob Hawke said yesterday that he would not attempt to intervene with the Malaysian authorities to save drug runners Kevin Barlow and Brain Chambers from the gallows. "The government has done all it can," he said of the two Australians. AFP
    AFP  -  47 words
  • Page 16 Advertisements
    • 295 16 ssr You Ve read the books In Search of Excellence A Passion for Excellence Now here's the workshop... TOWARD EXCELLENCE Singapore, August 4 5, 1986 Working with Tom Peters co-author of the best-selling book, In Search of Excellence and the new sequel A Passion for Excellence the people at Zenger—Miller
      295 words
    • 0 16 ;`<@*]?]~}:[{{")^"^%},/<&<{&*.]
      0 words
    • 221 16 Rabobank: your partner for business with the Netherlands. Rabobank Nederland, with offices in Singapore, Hong Kong and Jakarta, provides a personal service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated Dutch co-operative banking institution with total assets of U.S. S 48 billion. It ranks among the
      221 words
  • Page 16 Miscellaneous
    • 47 16 wMm Outlook for todoy: Fair. Report for 24 hours prior to 7.30pm on Juno 23 at the airport: Maximum temperature 32.4 Associated humidity 59 Minimum temperature 26.7 Associated humidity 85 Hours of sunshine 7.60 Roinfoll in millimetres nil Rainfall this month 75.0 Roiny days this month 8
      47 words

  • SHIPPING TIMES
    • 194 17  -  By Kingsley Wood SINGAPORE-BASED Pacific Navigation has asked the Australian federal government for A 552,000 to compensate for delays to its freighter Pacific Bold, as part of a union campaign to have an Australian crude ship service Cocos Islands. The claim was made by
      194 words
    • 401 17  -  By JUNE LIM PERIODICAL STRIKES in Australian ports over the last couple of months have prompted the Anro consortium to charter two ships to cover gaps in its service. Time-charter for the 480TEU, Liberian-flag, Sinofa was concluded last
      401 words
    • 227 17 A REVIEW OF international conventions dealing with maritime liens and mortgages will be made by an inter-govern-mental group to be formed soon. The group is to be set up jointly by the International Maritime Organisation and the United Nations Conference on Trade and Development. Experts
      227 words
    • PORT SIDES
      • 84 17 Reuter CHINESE MARITIME Transport Corporation Ltd, a Taiwan-based affiliate of Hongkong's Tung Shipping Group, has taken delivery of an ore/bulk carrier from China Shipbuilding Corp, a company spokesman said. He said the 151,000-dwt China Prosperity, built at a cost of about US$24 million, left Taiwan
        Reuter  -  84 words
      • 142 17 Reuter THE BAY OF Bengal/Japan/Bay of Bengal Conference announced cuts of bunker surcharges with that on shipments to Burma down to 15.8 per cent from 18.3 per cent, Bangladesh 14.9 per cent from 17.2 per cent and India 13.9 per cent from 16.1 per cent, effective
        Reuter  -  142 words
      • 102 17 Reuter FRENCH Industry Minister Alain Madelin said special measures would be taken for workers facing redundancy in France's troubled shipbuilding sector Mr Madelin said in a radio interview an effort would be made to retrain workers at two yards operated by Chantiers du Nord et De
        Reuter  -  102 words
    • 79 17 SEVENTEEN OPERATORS have gained permission from the US Federal Maritime Commission to form a worldwide management and control unit for their empty containers and associated equipment. The company, called Global Equipment Management Ltd, will have participation from East Asiatic Co, Johnson Line AB, Transatlantic, Wilh Wilhelmsen,
      79 words
    • 1128 18 INCREASED GRAIN chartering was reported including grain out of the US on Friday but other sections of the freight market remain subdued with timecharter activity on a reduced scale, shipbrokers said. An unchanged $8.50 was paid for grain from the US Gulf to Japan while $10.25 was agreed
      1,128 words
    • 1310 18 FT YEAR BY YEAR, as Europe's shipbuilding industry has grown more and more sickly, governments have gritted their teeth, paid heavily for the cost of care, and encouraged yards to hold on in the hope of recovery. They have poured in billions of
      FT  -  1,310 words
    • 661 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL IN 2/3 ASCL m 1 Baft-Canada Line VH 4/5 Bait-Orient Line VM 4/5 Bank Line V 5 BBS H 4/5 Ben Line Cont
      661 words
    • 202 18 UPI LAWYERS WILL appeal a five-year jail sentence handed to a ship captain who tried to smuggle six tons of military equipment from Argentina to rebels in Ghana, press reports said. Defence attorney Joao Mestieri said he lodged his appeal on grounds that Captain Eduardo
      UPI  -  202 words
    • 306 18 FT JAPANESE AND French shipyards are competing to build seven gas ships for an international consortium worth a total of about US$l.4 billion in what is likely to be the world's biggest series of merchant shipbuilding orders. The ships will
      FT  -  306 words
    • 128 18 Sea trade Week A VICTIM OF gross inefficiencies and mismanagement, Lloyd Brasiliero is undergoing the most radical physical reorganisation in its 96-year history in order to qualify for a government infusion of almost US$5B million and take a stock issue to the public. The Brazilian
      Sea trade Week  -  128 words
    • 175 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" T.ino Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 351 19 Lloyd's List ROUND-THE-WORLD operator, United States Lines, is attempting to impose significant increases in rates between Europe and the Far East following heavy losses in the opening quarter of the year. The company is adding between US$75 and $200 to box rates
      Lloyd's List  -  351 words
    • 385 19 THE PORT OF New Orleans is building a new million aquarium and park costing a total of US$4O million along a section of the downtown riverfront as the first step toward "a cluster of facilities in a park setting." Scheduled for completion in early
      385 words
    • 102 19 MR PER Eriksson of Sweden has been awarded the International Maritime Prize for 1985 by the Council of the International Maritime Organisation. Mr Eriksson was Maritime Safety Director of the National Swedish Administration of Shipping and Navigation until his retirement in January this year.
      102 words
    • 201 19 AFP THE INDONESIAN authorities have alerted Marine Safety Agencies in north Java to locate a traditional Indonesian schooner last seen on Saturday, a newspaper reported on Sunday. The schooner Phinisi Nusant&ra due to sail from Jakarta on Wednesday for Canada for the Vancouver
      AFP  -  201 words
    • 291 19 AFP LARGE TONNAGE available in the Gulf states loading area was again assured of high earnings as discounts on crude oil continued to absorb very large (VLCC) and ultra laree crude carriers (ULCC) for European and US discharge. But London brokers EA Gibson warned that some 15 such
      AFP  -  291 words
    • 77 19 THE PORT of Bristol is planning a major cargo package handling terminal, believed to be the first of its kind In UK. The highly mechanised complex, costing around £23 million, will have the ability to handle an extensive range of package and palletised goods. A
      77 words
    • 454 20 June 16-17 Symposium on maritime activities on the St Lawrence River and the role of governments. The symposium is sponsored by the St Lawrence Economic Development Council and to be held in Sept-Iles, Quebec, Canada. Juno 18-20 Workshop on the shipping industry and the protection of the marine
      454 words
    • 8209 24 A guide to ships loading at Singapore for ports around the world The list below .tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,209 words
    • 713 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 SS Bridge 55E 24.6.86 1600 Kawasaki F1 0700-0800 G3 Toyoma 196 24.6.86 1700 Ned-EAC F7 0700-0800/0800-0900 S2 Swan Reefer 661S 246.86 1700 Bakke Sime F1
      713 words
    • 1679 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Lme Afncon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgen cies <S> Muttiport Sdn Bhd (PK)
      1,679 words
    • 460 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 24.6/2300 Auby K24E SSPL alongside Borussia K19 Segani alongside 24.6/0530 Deym K10 Yick Fung alongside 24.6/0600 St Venture K25W SSPL alongside 24.6/1500 Wah Fai K11 Sin Chiao alongside 24.6/2300 Builder 3 K23 Thong Soon 24.6/0700 25.6/0700 Bunga
      460 words
  • Page 17 Advertisements
    • 612 17 Available at all good bookshops PUBLICATIONS pjj/ THE HEART ir? OFTHE DRAGON OOCL Okient Oveiqeas CtUaitm Line UMK MMOSK SHTfW ACEMXS (In M2SM/ OCR) "V 13 70 Shenton Way »04-03 Minna House Smfapore 0207 TH *****11 THItX NO RS ***** CfS OFFCt IPC 4*03-029 TO *****31 and *****32 Terminal odice
      612 words
    • 77 17 IKMDB YEAR BY YEAR, os Europe's shipbuilding industry has grown more and more sickly, governments hove gritted their teeth, paid heavily for the cost of care, and encouraged yards to hold on in the hope of recovery. Pag« II UNITED STATES Lines, is attempting to impose increases in rates between
      77 words
    • 1045 17 ..,■4: B ALT-ORIENT LINE "TSg-l Baltic Shipping Co Ripiv S«tykm from South East hu to United Kinfdom an 4 A -1! i l A rionn uniumui rom Agent: Singapore Soviet Shipping Co Pto Ltd jjj. wftlH MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN
      1,045 words

  • Page 18 Advertisements
    • 376 18 > YAMASHITA-SHINNIHON LINE TRAMS-PACIFIC SERVICES STRAITS FEEDER N JIEJI nwp| 3338E8M8M naMIMBMPM mnnmrjimi.ii> i mujuhdemu/lm i mib'i ■iL'/JB IL'Ji WJiM IXTTB il'iH IPZEi UTTW I)'iBITTM for USA Ports. MIDDLE EAST Full Container Service (A member of Oasis Consortium) wrr rn TRANS SIBERIAN SERVICE Weekly Container Service 111 aafc■ rri l
      376 words
    • 181 18 Supercarrier Service TO: PANAMA is/i ia/« M-jc/c n/c an IH3/7 M/ 7 25-21/7 1/1 21/1 10 13 I IC/I 10 4/1 VI M/» 17/1 22/1 23/1 2/J 7/» l/J 17/$ 22/4 21/5 21/1 2S/I »n 12»/» 14/> IJ/J Mm xc(ph| cantn tar Hmoian (MJ), S Frjncsct. CMMM Aruba Curacao. Bndjetown,
      181 words

  • Page 19 Advertisements
    • 580 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok QC!L Overseas Containers Limited KCil. .l VK'7ll. CONTAINERSHW SERVICE TO UK CONTINENT r\m tnmt 17/7 19/7 21/7 22/7 25/7 27/7 91/t 91/1 11/9 13/9 19/9 19/9 23/9 25/9 31/9 92/9 97/9 99/9 19/9 19/9 97/9 99/9
      580 words
    • 616 19 NOTICE FAR EASTERN FREIGHT SABAH, BRUNEI AND SARAWAK I FAR EAST/GULF OF ADEN AND RED SEA PORTS REVISED BUNKER ADJUSTMENT FACTOR Shippers and Receivers are advised that as a result of decreased bunker prices, the Bunker Adjustment Factor will be reduced from minus 7.80 percent to minus 10.38 percent with
      616 words

  • Page 20 Advertisements
    • 395 20 I u Hapag-Lloyd i TO CONTINENT/UK EXPORTS fpm HMiN—| Lniwi» UUNGEI l£M» 24/4 BN TOIMUS 2/7 4/7 M. MUBNUKMN 9/7 11/7 13/7 7/1 GMM Hb*| Ua Hum* 22/7 25/7 27/7 4/4 29/7 2/1 23/1 It/t 19/1 12/1 FROM N. CONTINENT &UK IMPORTS SW WEam SU Agents SEGANI— Stappvt *****66 K.
      395 words
    • 160 20 ItG.S.LINF FULLY CONTAINERISED SERVICE touts Im P0 SL Jo*nas 10 EUROPE VIA SUEZ I Mfmber of the Ace Consortium fan Fttm lfW| W» 14/7 15/7 17/7 19/7 22/7 21/7 22/7 24/7 26/7 »/7 28/7 29/7 31/7 2/1 S/l 4/8 5/8 7/8 9/8 12/8 WIW C*HTW ft* FROM EUROPE VIA SUEZ
      160 words
    • 630 20 Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** &RS ***** J \S| 1 K\ K I IM K. III). SPECIALIST IN RO-R0 HEAVY LIFTS SERVICES CM-EHUD FROM JAPAN INiul S'pvt ritel KadM| Ifcvi «> SOU NAGOYA ¥40 27 km bM (hthM) SKI KOCH MS 4My 2Mr
      630 words
    • 535 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) no guv© noi im no GUEST EVER GOUIEN EVER GOMC no una no sum ALSO ICCEMK I 1) nKNBEMCE. no orrtD no 10MMG no GENTU no GENUS no GMOEJI no gumo no uiaa scp mu ksg klg rw on rro as mc
      535 words
    • 145 20 \l US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES i WiMil! -1 ViN tar KYOWA LINE TO PAPUA NEW GUINEA/ HM SUN UNION LINE u 1 ii TAIYO MARINE LINE WEST AUSTRALIA SERVICE VS. PT.KELANG S PORE l« FUMfTIE MEL SYO PAKARTI LHA23/6 22/6 1/7 15/7
      145 words

  • Page 21 Advertisements
    • 659 21 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL MAJAPAHTT OOWA KOTA SINOA FAR EAST CONTAINER SERVICE oiu jut QB Y SIN HKO KAO *TCN KEE WIS *MUR *NTC YOK KO> KEE 2S IV7 un nr, is* 21/7 22/7 23/7 28/7 xw 14/7 y*rt
      659 words
    • 535 21 BLC BENLINE CONTAINERS EXPRESS com MO SERVICE TO UK/CONTMNT EXPRESS CONTAMER SERVICE FROM UK/CONTMNT FrMtart Eiprru SjM faM TM tiprau MbM HUM Ivra SjM SJM i*«pwi bjt a/t a/4 Mama Ciprtu 2/7 4/7 Mm BJ T 11/7 12/7 MM Mara 11/7 a/7 Oh tk E*M|fc 21/7 21/7 FntMUrm 3/1 5/1
      535 words
    • 429 21 DJASAGETRI A Joint Europe Service Of: P.T. iMKMTA LL9VB P.T. 9ESUBI LL9TB P.T. SAMHBA IHMMESU P.T. TRIKMA LLOYI "express semi containership services SINGAPORE TO EUROPE S'ptrt Ldw -tMTMuur vii-m 27-29/1 nn TMUBMK' V5-NR 3-5/7 JMm/RAM HMA *7/7 */7 */7 3/1 STOK HMO ■DO LM/TUBtY CMH/TttMl KM mmm i«-ii/7 t/i 9/1
      429 words
    • 356 21 BOUSTEAD SHIPPING AGENCIES m *MSOI m nmwm PAGAN VIBM BURMA FIVE STAR (Burmest Kabanji Lint) Loadng for Rm*mh S'part 24/29 JM 21/34 JM 2/4 M VIM 1/3 M V* BANK LINE WMWaPTOUKC SPOK MMM Mti imm vimi FdTMMK VIM TAUSALA SAMOA V 7 TOMM MJGN V.l MOMYBMK VIM 31/7 7/1
      356 words

  • Page 22 Advertisements
    • 1180 22 ft»J IV LINE —KAWASAKI KISEN KAISHA, LTD. Ecuador/peru/chile FHttl *a """O a not ma «t tw van nuc rw ra kok omtaqhcaom ntm 21 ka 22 tm 24k* > M Sk| iquque mast* s aktomo lurmDO 11 km u m M i* CENTRAL AMERICA/CARIBBEAN SEA Ftna*& MOTta *sl nas rw
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    • 767 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Mtanj I law Vessel Spore Mb Fm S»* Acc* CHANOBAS'V 20 25 Mi 10 M II M It M AMI/Bns (26 28 hn RA ADAS' V 32 10 M 25 M 3A* 31 M Adel/Bris AA6WOAS V 29 24 M 14 A*
      767 words
    • 673 22 GOLDEN LINE gum em SHrrwe (pte> ltd 23. Tdrt If* SM smetrm iim m utiw <i« i*S) STRAITS/PERSIAN GULF SERVICE: s-*« f Mm* fawn eouo OTT Colombo 'Urach/Mncat/Ovtoai GOLDEN mm Colombo /H* »ctii Dub* '0o»u 21/ M tm V»*F CHMA OCEAN SHPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA if
      673 words
    • 444 22 INTRASEA {PTE) LTD X 10 Anson Ro3d «27 16 Internal, P rt/.t Sinqapo'e 0207 Tet 22-***** MO Lines) o BREAKBULK SERVICE TO EUROPE/UK S>an 1.1 to Nrt 12/7 *SSb«~« xn/w/m/ IK (AVON) ROT/ANT/* (I M 71*711 MM. ******/2 PHILITRON SHIPPING AGENCIES PTE LTD TEL ??38b22. (8 lINES) TELEX RS ?87?0
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  • Page 23 Advertisements
    • 686 23 S port NEPTUNE MEMOES PTE. LTD. FC EU MET TPA/SEA Id Hi office I«nmu< CfS BOOKNGS *****77 *****53 *****47 *****77 *****2? *****53 <M DNECT LNES *****19 *****16 NEPTUNE ORIENT LINES LTD Far award lr«(M cnqunrv pkiu cjl *****44 P x riant NEPIM SON. BHD *****87/*****49/*****53/*****26 K Itanpw MEPIME SON. BM>.
      686 words
    • 387 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON WIS I Dorian (MM No 7 Dmm/HW Na. Own/MM No i Omn/MCM lb I Dam/MSN 7 Darn. UM No 9 Dm/iOM lb. Donan SO7N SkiHII »UN!\ NIPIIIN AG{ NCIIS Plf 110 Trt 7/***** //&5414 7b 10
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    • 702 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Teh *****33 (15 Lints) Terminal Office: 220*241/2 Cable Address SINSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P. KELANG M/S SHARKAT NAM SOON SON. BHD IST AND 2ND FLOOR. NO 1. tALAN CEMPf NMG
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  • Page 24 Advertisements
    • 398 24 jggj REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) TWFri 126-27/6 Sat 28/6 (OtadHrtt 0*) 21/6 1/7 1-2/7 TWTn I 3-4/7 Sit/Sw 54/7 64/7 M/ 7 M/ 7 EEIEOI 2221E523 ■XLUC9 i Miii ii n ]im SEA DRAfiON TUNG HAI NO. 2 ivii. .i imr irri-i E2nnE3 ngwg TO SOUTH
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  • Page 24 Miscellaneous
    • 168 24 /.4 Regional Weather 1 a 27 a#i 3 ft C s y/ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORMNG. V l Wind direction with speed m knots Wove height LEGEND: P. Temperature °p X\ 2 Thunderstorm Weather Wmd direction with speed m knots V Shower r) Ram
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  • Page 25 Advertisements
    • 118 25 /M use AttKOES K. LUMPUR P. KELANG PEKING P. GUDAHG I. BAHMU LEOSHP SPOIL *****55/*****56/*****45/*****93 1 *****1/4 TOMNAI 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE rmn FROM: EUROPE ra ii vimrra FTm I iiiipira II ifTma MEMEHMBB i .i 11 ,r. -■mif 11 r ■lyiin M.SO ACCEPTMG
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    • 243 25 TFS INTERNATIONAL Eta HK 5/7 14n Eta Pan 27/6 5/7 TFS VOY 109 TFB VOY 110 TO HAMBURG Eta I 25/7 Eta Pan Eta I TFS VOY 082 25/5 21/7 MELBOURNE. SYDNEY Eta Pan Eta I TFS VOY A4l 25/6 21/7 TO Eta Pan 1/7 TFS VOY T7l TRANSOCEAN (Ml
      243 words
    • 66 25 Scan Dutch V h HwtMk/m FMI/ISi B Nnaa/21i ta*a/224 )ißi <i, 234+ ft MR/24C Mm/254 R. OipM/2W TO RED SEA-MEDITERRANEAN LIMASSOL I PIRAEUS CASABLANCA LISSOM TO HONG KONG-TAIWAN-JAPAN -CHINA* FEEDER VESSELI PENAHG I P. KELANG VESSEL SINGAPORE HONG KONG FROM JAPAN-TAIWAN-HONG KONG lI?TOi7IETTHTTni FROM RED SEA-MEDITERRANEAN imn PIRAEUS! CBLANCA LISBON
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  • Page 26 Advertisements
    • 288 26 3f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE LTD. 37, SomtrMt Road #06-01. Ng T»ow Vh»« Bldg S por« 0923 T»« 235 8444 i 4 !ln«s) Prut Kplang Tiga Pma Shtppm( Srtu Bfti! Ifl O.t J S Penjng Malaysia ludf K Transport I tr* Ifl 04 Pas* Gliding
      288 words
    • 278 26 \3fcj OS" v I V Ml Po^ MitsuiOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER APOLLO PEAK MORNING GRACE GLORIA PEAK 26 Jun Port Louis. Reunion 17 Jun Mombasa, Daressalaarr 26 Jul Port Louis, Reunion ALTAI MARU Rmks: Subject Inducement. P. Noire. Abidjan, Buchanan. Monrovia. Tema. Apapa. +Lome AFRICA'S —-^NOfJ awj'ii Ai)rninii.\ FULL CONTAINER
      278 words