The Business Times, 15 July 1986
1986-07-15
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The Business Times
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Title Section12 1986-07-15 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, JULY 15, l«8t 75 CENTS12 words
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Article152 1986-07-15 1 Reuter A CARGO of Brent crude (or August delivery changed hands at US$9.lO a barrel in early trading in London yesterday, five cents under the lowest price recorded in April this year, and the lowest spot Brent price since oil from the North Sea cameReuter - 152 words
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482 1986-07-15 1 DAVID GABRIEL - Operational efficiency the reason behind move By DAVID GABRIEL Special Correspondent THE SINGAPORE Broadcasting Corporation will transfer its commercial operations to SBC Enterprises Private Limited, a wholly-owned subsidiary, from Aug 1 this year. The company, formed in January last year with a482 words
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291 1986-07-15 1 Reuter JAPAN'S Ministry of International Trade and Industry (Miti) has lowered its economic growth forecast for fiscal 1906/87 ending March to 2.5 per cent from 4 per cent to take into account the deflationary impact of the strong yen. The forecast assumes aReuter - 291 words
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Article300 1986-07-15 1 JUNE LIM - By JUNE LIM THE NUMBER of merchant ships registered in Singapore last year was the lowest to be recorded in 10 years. The Marine Department annual report released yesterday shows that 1,406 vessels aggregating 6.6 million gross tonnes flew the Singapore (lag. This represents a fall of300 words
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111 1986-07-15 1 Reuter CHINA will sooner or later have to enter the UK and US bond markets to raise funds needed for modernisation, said Hao Jianping, assistant manager of Bank of China's foreign exchange department. He was quoted by the China Daily asReuter - 111 words
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Article90 1986-07-15 1 THE UNITED Overseas Bank group has reduced its savings rate by one-quarter percentage point to 425 per cent with effect from today. The group's fixed deposits fcnd prime lending rates will remain the same. DBS Bank yesterday sparked off the latest round of interest90 words
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Article, Illustration64 1986-07-15 1 SIABB PBlCßßeloeed generally ehaage sf Wagapsni yesterday. PreflftaHf affected Malayriaa stseks BMre thaa II dU leeal tosees, maay sf wMeh SMde aMdest The Bwteeaa Hbms CeanssCte fades gathered 444 aslais te BLH. wldle te Stntta TlmM h. dastrlal lades chalked ap 7.M peiats te U» Jf. Taraever waa64 words
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430 1986-07-15 1 JEFFREY TBANO - By JEFFREY TBANO CONSULTANTS for the $42 million Singapore Garden Festival have been appointed at a cost of nearly $1 million. The consultants a consortium comprising Alfred Wong Partnership, a Singapore-based architectural firm, William Gillespie Partners of the UK, Pieter Van430 words
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626 1986-07-15 1 ALVIN TAY, AMY CHEOK - By ALVIN TAY, AMY CHEOK PUBLICLY-LISTED International Trust k Finance Ltd has received overtures from a few parties to take over control of the company which yesterday reported losses for 1985, its first since its listing in early 1983. ITF chairman626 words
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Page 1 Advertisements
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Advertisement139 1986-07-15 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM (*++.@};][<)++(/.!^,.$^/]>_[[,] The petrol debate ARE MOTORISTS benefiting from the "new" types of petrol introduced by the oil companies? Or ore they confused by the cloims and counter-claims issued by them? LOH HUI YIN looks at the issue. See Page 8. I LOT Vs NEW139 words
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Advertisement226 1986-07-15 1 US to mm i—r* TV RADIO 33 T*TTT a OUR VIEW THE CONSUMERS' ASSOCIATION of Singapore has gained the support of retailers now that it hos cancelled its Christmas fair. Getting the support of a large number of consumers will be more difficult. Cose must convince them that it is226 words
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Advertisement178 1986-07-15 1 +?;<:}_!%~(%&.*-[^'!$?![^%%%<$& A-fiW r u Maste MC i 4fI I (11«>\ 11 rsh m ;il< mml,i I 11 i« I I>\ I s« ,ilo< t«l < tul 11 .iihl \on could in ,i trip in init of 110 iil tu riM t .it h i/ > j > IV| I'll/l "A178 words
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Advertisement6 1986-07-15 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
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HOME NEWS
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Article, Illustration365 1986-07-15 2 LEE HAN SHIH - By LEE HAN SHIH Property Correspondent A SINGAPOREAN will take over the helms of Jones Lang Wootton on Aug 1, some 13 years after the international property Arm set up office in Singapore. Mr Edmund Tie, 38, will succeed Mr Give Cowham, following the365 words
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491 1986-07-15 2 RICHARD SEAH - By RICHARD SEAH THE SERVICES of a very lit-tle-known profession are to be more widely offered to companies in Singapore with the recent set up of a new management consultancy firm. The Wyatt Company, one of the world's leading firms of actuarial491 words
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418 1986-07-15 2 THE ASEAN Chambers of Commerce and Industry (Asean-CCI) will set up a task force to study and recommend measures to foster economic integration in Asean. The decision to form the group, which will comprise "14 eminent and influential persons" from the six418 words
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401 1986-07-15 2 THE PROBLEMS about Singapore that bother Japanese investors are different from those that bug the Americans Acting Trade and Industry Minister Lee Hsieu Looog found out during his recent trips. While Japanese investors were more interested in topics directly affecting investments, the Americans401 words
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Article49 1986-07-15 2 THE BT Trustee Stock Scoreboard which was published on Saturday carried the correct prices but the wrong dates. The dates should be July 4 and July 11 instead of June 27 and July 4. We are sorry for the inconvenience this may have caused our readers.49 words
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Article133 1986-07-15 2 THE National Archives may toon be charging for the micrographic services it provides for government departments. The volume of requests from government departments for microfilm processing, *»plkfitlng, quality checks and related services will entail more staff. It is therefore considering charging a fee, pending the133 words
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Article287 1986-07-15 2 JUSTICE Lai Kew Chai has set aside a High Court order asking Mr J B Jeyaretnam to submit a fresh set of accounts on the financial position of the Workers' Party (WP) from Jan 1 to June 16 in 1982. Justice Lai yesterday also ruled287 words
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Article471 1986-07-15 2 Seminars and course* DURATION Jul 28 Jul 29-30 Jul 29-30 Jul 29-31 Jul 31 Jul 31Aug 1 Aug 1-11 Aug 1-15 Aug 4 (commencement date) Aug 4-5 Aug 4-5 Aug 4-31 Aug 4Sep 12 Aug 15 Aug 18-19 TITLE Electrical and Electronic Engineering Education in Hongkong The Secretary in471 words
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Article, Illustration614 1986-07-15 3 ANNA TEO - By ANNA TEO SURVEY FINDINGS have Indicated the viability of a hightechnology complex to be built on a vacant plot of land in Lorong Chuan. The developer, Newton Pte Ltd, Lb now seeking partners for the $100-million project Encouraged by the survey findings, Newton,614 words
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Article150 1986-07-15 3 DBS BANK has awarded nine scholarships this year, the biggest ever awarded by the bank since its Scholarship Award Scheme was introduced in 1972. The bank has also awarded the largest number of overseas scholarships this year. Six of the nine awards will be tenable at150 words
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Article55 1986-07-15 3 THE MINISTRY of Environment will be constructing a new ctilvert at the junction of Jalan Krian and Jalan Sayang to improve the drainage system in the area. The work, which starts today, is expected to be completed within four months. During that period, the Junction55 words
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394 1986-07-15 3 LUCY NG - By LUCY NG THE MINISTRY of Labour is casting its net wider to find jobs for those who are unemployed. The ministry's Employment Service Department (ESD) now approaches companies with authorised capital of $100,000 and above to notify the department about available vacancies.394 words
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200 1986-07-15 3 PRODUCTION of cement, broken granite and bricks improved slightly between March and April, according to the latest government statistics, but output (or all three building materials are significantly lower h»* in April 1985. Compared with the cement output of 189,471 tonnes last April, output200 words
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Article350 1986-07-15 3 rmaij. companies eyeing the benefits of computer-aided-systems (CAS) need not be put off by the high costs of computerisation. The Economic Development Board, through its applied technology group, is offering training courses, demonstrations, advice and consultation to these companies. However, one thing is certain; companies350 words
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Page 2 Advertisements
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Advertisement268 1986-07-15 2 5, 4 f *♦> ,1 >«\ c *ue w 11 i J3W i L. #V 2 ill :r ->:v to i »'<* L V <■•*. f 'f i*t €k iu m r A r v f w I 4r 1 a s.« MP V. v Ift f£- 4 vil IMB268 words
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Page 3 Advertisements
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Advertisement358 1986-07-15 3 Take the 2 litre fuel-injected engine in our new 240 for example. Notice how it pulls so smoothly from a cold start and how rapidly it accelerates for easy overtaking at speeds of between 70 110 KPH. You'll appreciate the reliable McPherson front-wheel suspension system that gives you such precise358 words
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ASIA-PACIFIC
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Article865 1986-07-15 4 ARRIVALS Operator Sonrico number Locol tinw From SIA UA CAL FT sv MAS MAS MAS MAS SiA AC SQ117 UA805 CI341 FT75 SV398 MH601 MH68I MH811 MH671 SO 103 AC858 0005 0010 0155 0314 0440 0720 0620 0910 0920 0950 0950 KUL JFK/SFO/HKG TPE DFW/IAH/ORD/ ANC/NRT/ MNL/TPE865 words
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471 1986-07-15 4 Signs point to widening trade deficit AFP THE INDIAN government is gearing up for a major export drive in the face of a crippling trade gap, but all the latest indicators suggest it will be a long, hard battle. A foreign trade report publishedAFP - 471 words
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Article, Illustration474 1986-07-15 4 AP PRESIDENT Junius Jayewardene's peace proposals suffered a major setback on Sunday as the nation's major opposition party rejected them for conceding too much to Tamils. The rejection by the powerful Sri Lanka Freedom Party came on the day Mr Jayewardene met moderate TamilAP - 474 words
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235 1986-07-15 4 AP SOUTH KOREA'S trade surplus with the US in the first half of this year increased 75.9 per cent from a year ago to a record U553,259 billion. The Korean Economic Planning Board listed exports to the US in the January-June periodAP - 235 words
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275 1986-07-15 4 AFP NEW ZEALAND'S annualised inflation rate is down to 10.4 per cent, and should be in single figures before the end of the year. Inflation for the June quarter stood at 2.7 per cent, a "remarkable achievement", said Trade and Industry Minister DavidAFP - 275 words
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137 1986-07-15 4 AFP A NEW COLLEGE aimed at students from Asian countries is to be established near Perth, according to its developers. The Thomas Peel College will take in about 1,000 full-time students paying fees of AH4,000, including accommodation. The A|6o-million private venture isAFP - 137 words
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99 1986-07-15 4 Reuter A RECENT government survey of Japanese manufacturers showed that the majority expected their plant and equipment investment to decline in the second half of the fiscal year ending next march, the Japanese Economic Planning Agency said. The drop in investment reflects aReuter - 99 words
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458 1986-07-15 4 FT A WIDE-RANGING study of China's technology import strategy recommends major changes to correct "disordered" policies, which include Importing more than 100 colour television assembly lines that will produce many more sets than the masses could possibly watch. The unusually frankFT - 458 words
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425 1986-07-15 4 Bernama THE PROBLEM of illegal Indonesian immigrants in Malaysia has worsened and there are now more than 15 million of them in the country. Surveys by the Malaysian Trades Union Congress (MTUC) revealed that of these, 300,000 are in Selangor and the FederalBernama - 425 words
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Page 4 Advertisements
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Advertisement172 1986-07-15 4 The new closeness in 1 -2-3 dimensions. By Braun. The new Braun system 1 -2-3 now makes shaving even more comfortable, faster, smoother, closer. It is just perfect the way the slim housing fits in your hand The way you can hold it and move it, especially in the difficult172 words
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Advertisement69 1986-07-15 4 A T An Image You Can Bank b. On. »>5T^ *i< .Hi* New, prestigious building in the heart of the hanking financial district Highly visible corner ground floor banking hall with vault High pedestrian traffic Irom 9 5 pm Klegant internal spiral staircase link to banking offices Approx. ***** sq69 words
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REST OF THE WORLD
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481 1986-07-15 5 Reuter THE SURGE in oil production by Saudi Arabia and its Opec allies would undermine the cartel's ability to reach an accord on production, oil experts said. The result would be to push oil prices down again, probably below US$lO in the near term.Reuter - 481 words
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180 1986-07-15 5 AP THE MEXICAN government, trying to bring more money into its depleted coffers, has announced that the price of a subway ticket now the cheapest in the world at about one-sixth of a US cent will soar in August. City officials said lastAP - 180 words
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Article57 1986-07-15 5 Quote, Unquote I believe that if I wanted to be President, I could be President. But I'm not the guy. Lee lacocca, Chrysler Corp chairman, describing his "temperament" as incompatible with the com-promise-laden world of politics. He plans to tell a group organising a "Draft lacocca (for the 1968 US57 words
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143 1986-07-15 5 AP ISRAEL'S Cabinet convened yesterday to discuss the appointment of a judicial commission to investigate the killing by Shin Bet security agents of captured Palestinian hijackers and a subsequent cover-up. The 25-member Cabinet headed by Prime Minister Shimon Peres was expected to splitAP - 143 words
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198 1986-07-15 5 UPI BRAZIL, the world's fifthlargest arms exporter, is setting up a centre to train troops in electronic warfare as part of a plan to modernise its armed forces by the end of the decade, the O Estado De Sao Paulo newspaper reportedUPI - 198 words
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336 1986-07-15 5 UPI MUSIC not only can please the ear it also literally can expand the mind by helping to develop the brain, says a California neurologist, who advises people of all ages to take up a musical instrument. Neurologist Frank Wilson, the authorUPI - 336 words
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294 1986-07-15 5 Reuter CANADIAN Prime Minister Brian Mulroney emerged from talks with British Prime Minister Margaret Thatcher saying that Canada was ready to impose economic sanctions on South Africa with or without the support of Mrs Thatcher and the Commonwealth. Mr Mulroney, who calledReuter - 294 words
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572 1986-07-15 5 Closer ties with Latin American nations worry US Reuter AFTER YEARS of diplomatic isolation, communist Cuba is making a comeback in Latin America a trend that worries the US. In the past nine months, Brazil, Uruguay and Peru have joined the growing list ofReuter - 572 words
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271 1986-07-15 5 AP NEPOTISM in the Soviet army in the central Asian republic of Uzbekistan has kept at least one draft-age son of a senior communist party official from being sent to serve in Afghanistan, a Soviet defence daily has reported. Krasnaya Zvezda (Red Star)AP - 271 words
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Page 5 Advertisements
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Advertisement129 1986-07-15 5 CONDOMINIUM Luxurious Townhouses (470 sq.m) Maisonettes (268-312 sq.m) Apartments (152-191 sq.m) In one of the most sought-after condominiums, available for sale as an investment with good rental return. w Large swimming pool Clubhouse 2 Squash courts Tennis Court Saunas In a secluded, elevated location P surrounded by mature trees. Sole129 words
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BANKING AND FINANCE
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Article, Illustration391 1986-07-15 6 SOH TIANG KENG - By SOH TIANG KENG SINGAPORE-BASED Canadian merchant bank, Bank of Montreal Asia, has put up another creditable performance in spite of the economic slowdown in Singapore and in the region. The bank announced a 67.5 per cent Jump in net profits after391 words
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273 1986-07-15 6 Reuter JAPANESE investors will remain active in the US Treasury bond market because they see continuing capital gains with the tall in US interest rates. Bond managers in Tokyo said yesterday that investment funds were not expected to escape the marketReuter - 273 words
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Article600 1986-07-15 6 NYT A MONTH after Mexico's powerful Finance Minister, Jesus Silva Herzog, was replaced, unity has returned to the inner circle of government economic policy makers and it appears very unlikely that Mexico will pursue an aggressive, unilateral course involving suspension of payments on its foreignNYT - 600 words
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271 1986-07-15 6 Reuter A TEAM from the International Monetary Fund (IMF) is due in Manila tomorrow for talks on a new standby credit for the Philippines. Central bank sources said yesterday that the government was likely to push for concessions that would allow the economyReuter - 271 words
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Article, Illustration1048 1986-07-15 6 SINGAPORE The US dollar closed slightly lower against major currencies yesterday but firmer against sterling, after fluctuating uncertainly throughout the day, in moderate trading. The dollar was narrowly mixed at the outset, then showed a weaker tendency in early afternoon on interbank selling by Asian operators before recovering1,048 words
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Article232 1986-07-15 6 Interbank rates at 3pm yesterday: Local dollars ta ana mH of Itmfa Md Otter a mo parity US dolor Sterling pound AustraWon dolor NZ dolor Conodnn dolor 2 1925 3 2690 1 4066 1.1653 1 5910 2.1935 ***** 1.4115 1.1691 1 5923 ***** 7 3469 3 4286 3232 words
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Article263 1986-07-15 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Short-dates eased 1/16 point at the outset due to a lower US federal funds rate but were little changed thereafter. Overnight and week fixed cloned at a common 6-3/4 6-5/8 per cent. Period rates263 words
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Article261 1986-07-15 6 HONGKONG: The metal closed a shade lower in fairly quiet and dull trading yesterday, with fresh factors absent. Bullion closed at U*****.25/55 an ounce compared with U*****.90/347 JO close here last Saturday and the U*****.70/90 finish in New York last Friday. On the local market, gold lost HK$6 to261 words
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Article376 1986-07-15 6 BA Futures SEPTEMBER EarsMlar opened unchanged yesterday from Chicago's close at 93.57. After the opening, the market was very quiet and thinly traded as traders adopted the wait-and-see attitude. The September contract traded between 93.56 and 93.57 with the final settlement at 93.56. Currency futures opened lower than theBA Futures - 376 words
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Article123 1986-07-15 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-3/4 per cent yesterday, unchanged from last Friday's cloae. The ooe, two and threemonth term rates rose by 1/16 point each. CC li.tai li .i.il inTerDon* rotes ot 7pm ytsti nrdoy: OHw BU Over night 4 3/4123 words
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Page 6 Advertisements
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Advertisement192 1986-07-15 6 f 7A v: *■> m c k» J 81 i" IIL II jl V cfr SERVICE APARTMENTS MAISONETTES AT HOLLAND AVENUE fO* £N st Conceived with much thought for privacy and ambience,Warner Court epitomises the comfort of a home away from home. Nicely nestled in the tranquil and picturesque Holland192 words
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WORLD BACKGROUND
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663 1986-07-15 7 NYT IT ALL LOOKS easy for Japan's governing party now that it has won a smashing victory at the polls. But when party leaders scheduled national elections two Sundays ago, they were testing the fates as well as the political waters. Any of themNYT - 663 words
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Article, Illustration778 1986-07-15 7 Reuter THE IMAGE of the US futures market, centred in Chicago, is rapidly changing from that of a legalised gambling parlour to a necessary financial marketplace in an increasingly risky world. The futures market is best known for its daily dealingsReuter - 778 words
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Article, Illustration1255 1986-07-15 7 US dollar's decline has produced disappointing results NYT IN CUTTING its discount rate last week, the Federal Reserve Board attempted to reawaken an economy that has proven markedly weaker than the Fed, the Reagan Administration and most economists assumed a few months ago that itNYT - 1,255 words
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Article160 1986-07-15 7 Reuter THE REAGAN Administration will soon lower its 1986 economic forecast as evidence mounts that the economy is more sluggish than originally predicted. In a weekend US television interview, US Treasury Secretary James Baker declined to specify how km the administration will (frop its gross national productReuter - 160 words
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Page 7 Advertisements
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Advertisement41 1986-07-15 7 T7 l f m K-I r(-Ol'ITR^ \/<>. *< p'lits moiit'l by ('.oultrv. Automat ir niiAomi'iU with complete (aJendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C. I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd41 words
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Advertisement209 1986-07-15 7 rII I I I I's \DI)s \I W 1)1 Ml \s|()\s I< > I\l I i R\| \II > \1 I Ml •*K i. Ttc EJ THE NEW PHIUPS PCs KEEP YOU ONE STEP AHEAD IN BUSINESS. Introducing two advanced new PCs from Philips the P3200 for large companies and209 words
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Page 7 Miscellaneous
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Miscellaneous42 1986-07-15 7 Doonesbury 1 'A m J I 1 mm w w I 3ta*ri i r> 1 I ii BY GARRY TRUDEAU TKfVO&ARe SHALLMBPBtMOB CKP&HAf* A TRANSLATION nussEAu.au rovaxsum* V€f*o6MM HOWS AT LA FMHCAfSe t m i txi 'i w i GMJ 1 142 words
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FEATURES
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Article532 1986-07-15 8 NOW THAT THE MAGIC has been cancelled, the Consumers' Association of Singapore has to get on with its tasks the hard way. Raising money to fund its watchdog activities would probably have been easy with a Christmas trade fair. Unfortunately, Case would have532 words
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Article, Illustration1299 1986-07-15 8 LOH HUI YIN - Oil companies argue over qualities of 'new' types of petrol A fierce public debate over the virtues of "new" petrol broke out last week among the major oil companies in Singapore with Mobil and Shell as the main protagonists. But are the consumers, the endusers,1,299 words
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Page 8 Advertisements
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Advertisement100 1986-07-15 8 M onagers ust anage BT shows you how every Monday. I O provides the information needed by all bankers, investors, forex traders, money rf gold traders BT, S'pore's largest business daily, carries an in-depth and up-to-date coverage on the banking financial sectors, both local and This indispensable page keeps all100 words
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Page 8 Miscellaneous
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Miscellaneous652 1986-07-15 8 CRYPTIC PUZZLE ACROSS 3 Flees, we hear, from what might bite (5) 8 Quick punishment I had (5) lOHerb, this chap? (5) 11 Less than noticeable twitch? (3) 12 As for royal tennis? (5) 13 City hair-style with taste (4, 3) 15 How Odile helped things go smoothly (5) 18The652 words
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SPORTS
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411 1986-07-15 9 WALTON MORAIS - By WALTON MORAIS THE CITIZEN Team Tennis championship hots up on Saturday when current leader 100 Plus takes on Diadora in a crucial top-of the-table clash. 100 Plus is setting the pace at the top of the standings with 94 points411 words
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Article242 1986-07-15 9 AP DON JANUARY, of the United States, tapped in a 30-cm par putt on the first playoff hole on Sunday to defeat Jim Ferree and capture the GreenbrierAmerican Express senior golf tournament for the second straight year. Ferree, of the United States, whose second shot out ofAP - 242 words
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Article243 1986-07-15 9 Reuter SALLY LITTLE and Jane Geddes finished 72 holes of the US Women's Open golf championship on Sunday deadlocked at one-under-par 287, forcing an 18-hole playoff yesterday for the US$5O,OOO top prize. Betsy King, who double-bo-gey ed the 14th hole, and Ayako Okamoto of Japan,Reuter - 243 words
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Article, Illustration542 1986-07-15 9 AFP NIGEL MANSELL drove himself to the limits of endurance as he moved into the lead in the world championship with his fourth victory in five races at the British Formula One Grand Prix in Brands Hatch, England on Sunday. The 31-year-old was soAFP; Reuter photo - 542 words
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332 1986-07-15 9 UPI TOP SEED Stefan Edberg of Sweden won his first Grand Prix tennis tournament on clay as he defeated unheralded Swiss Roland Stadler 7-5, 4-6, 6-1, 4-6, 6-2 in the final of the U*****,000 Swiss Open in Gstaad on Sunday. The 20-year-oldUPI - 332 words
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Page 9 Advertisements
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Advertisement292 1986-07-15 9 L S7&*z!rr iiWmiKLT. i I I lUlilDKlt Hid iul&W The Times Inter-Business Houses Athletics Meet is here again. This time a bigger challenge. Besides the private sector, this meet is now open to athletes from Statutory Boards. Thus a bigger meet, a bigger challenge! Undoubtedly, you'll be witnessing the Meet292 words
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Page 9 Miscellaneous
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Miscellaneous1148 1986-07-15 9 to qcxd mm i/tny MvovMy 1030pm, Channel 5 Alain Delon (left) plays a young police inspector whose pursuit of a drug ring leads him to his friend's nightclub, which is a front for the ring led by an ex-banker. Based on Jean Pierre Melville's story of the shadow world of1,148 words
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Miscellaneous69 1986-07-15 9 Play golf the Sevvy way /fP YOU ARE TAKtMA TOO PEEP A PIVOT WfTH YOUR IRONS, THEN /T P*O6A6LY MEANS YOU ARE USING THE HANPS TOO MUCH. TO HfT GOOO IRON SHOTS THE HANPS MUST ££4i> THE CLUBHEAP THROUGH THE BALL. TO PO TH/S CORRECTLY THE APPRESS ASSEMBLY MUST BE69 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration512 1986-07-15 10 FT ROLLS-ROYCE is close to completing a US$2.l billion fund-raising exercise in its bid to supply British Airways with engines (or BA's new fleet of Boeing jumbo jets. Rolls expects the complex financing package to be underwritten early this week withFT - 512 words
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789 1986-07-15 10 Reuter IN SPITE OF Lockheed Corp's proposed US$l.lB billion acquisition of Sanders Associates Inc (or US$6O per share, some Wall Street analysts say the bidding for Sanders may not be over. Loral Corp, like Sanders a major producer of sophisticatedReuter - 789 words
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393 1986-07-15 10 Reuter WHEN US OIL COMPANIES report second-quarter results later this month, domestic companies primarily involved in refining marketing are likely to be almost alone in posting earnings gains, industry analysts say. They note that while the major integrated companies suffer from the precipitousReuter - 393 words
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107 1986-07-15 10 Reuter NEWS International PLC's wholly-owned unit, Lyntress Ltd, has bought 2,862,000 'B' shares in Reuters Holdings PLC from Australian Associated Press Pty Ltd to meet a shortfall in cover for a US$2OO million convertible issue announced on May 15, a News International spokesman said.Reuter - 107 words
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Page 10 Advertisements
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Advertisement142 1986-07-15 10 421 H 12 m v, V. *V /f=S> Enjoy the jiatural goodness of fresh fruit juices;so cool and refreshing. With a selection of beef, seafood and sausage salads making it a wholesome meal bern longing for. X jm -<r m 4* UAKf. WIkTHiIKC All 1 > V'K v: •I v,142 words
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Advertisement168 1986-07-15 10 More afternoon delights now at the Mezzanine lounge 1 i x High tea buffet 3.00 pm to 6.00 pm daily. Indulge in rich cakes, finger sandwiches, Bistro wine cooler and much more: Price: $8.50 per person. Fashion shows 5.30 pm every Tuesday and k Thursday. Models parade the best from168 words
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Advertisement31 1986-07-15 10 Sharif* Fin 10Uh Chicken Abakme Barbecued Mdng Duck Emperor'a Ihcosure flourf t/ur BpccwQi... &nangnat dctuofKfl rvn JADE ROOM RESmUSANT 2nd ttorey, HOTEL ROVU. Newton Road. Singapore 1130. Tel. *****87, *****35. *****0331 words
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Advertisement56 1986-07-15 10 11/ THAI FOOO ffiSTNRL-JULYI-*****6 1 Tohm Yum Goong, Guy Hor Buy Teoy, Toh Mun Pia, Kao Ohb Carina roo A rich, tasty and spicy Thai buffet spread presented by Thai Cooks from Chiang Mai. Thai dessert-maldng demonstrations daily. Lunch or Dinner $15.50" 7 J wrm i MINOQ or tesf r56 words
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Advertisement256 1986-07-15 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 tfor the family. Weekday fare (Lunch only) Only $60 for four persons or $90 for six persons. ($l5 for extra person). L Two splendid menus for busy256 words
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ASIAN STOCKS
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Article347 1986-07-15 11 HONGKONG: Share prices closed sharply firmer yesterday in moderately active trading as late bargain hunting emerged, brokers said. The Hang Seng Index rose 18.24 points to close at 1,739.93 after losing nearly six points at mid-morn-ing. The Hongkong Index gained 11.41 points to end at 1,085.51. Turnover eased to347 words
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Article204 1986-07-15 11 I JULY M WT 200 -003 Kuochan Da* Laa Chang Yuan 22 60 32.00 -06 •1.3 26.40 -0.6 12.75 -0.55 31.SO -0.3 38 60 -08 Chang Hwo Bank 44.30 27 00 -0.1 •1.4 Not li ivfilrant 389 50 -183.5 25 10 -0.8 21.00 -09 Chin Hun Hot* 10.45 25204 words
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Article356 1986-07-15 11 TOKYO: Prices closed higher in active trading yesterday on buying spread over a wide front, brokers said. The market average rose 149.79 to a record finish of 17,820.56, surpassing the 17,734.15 closing peak on July 8. Turnover was 1.1 billion shares against 1.42 billion, revised downward from 1.5 billion,356 words
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Article73 1986-07-15 11 JULY 14 f—m Mantaal Acojt Mining Oriental B PM Ovomos PMax B 0017 0.017 026 +0002 +0002 0 025 Apax Mining B 0011 unch Pic op B PLOT 157 5 Bogun Gold Banc P«trol»um Banguat Con. B first PM HMgs ***** 75 5 San Mrguat B +***** Saafron* -573 words
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Article449 1986-07-15 11 SYDNEY: Australian share markets closed easier yesterday, dragged down by a weaker BHP and profit-taking among quality industrial stocks, brokers said. Near the close, the All Ordinar- ies Index was 2.4 points lower at 1,137.3 and the all Industrials Index had slipped 0.3 to 1,816.1. The All Resources fell449 words
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Article102 1986-07-15 11 JULY 14 Won Kangwon krtd (OA Motor 1150 2010 10 -40 1880 Koton Ind 2100 40 Dmlm Ind 675 +29 Korea Long-Term 1635 Daewoo Corp Daewoo Heavy Dong Ah PVx 1330 1461 890 11 -5 -15 Lucky Ltd Oriental Brewery Pacific Chamcal I486 1420 1255 1296 26 unch +4102 words
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Article141 1986-07-15 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.42 to 139.78. Turnover amounted to 723,802 shares valued at 106.5 million baht. JULY 14 1 MM Sum Cotnant Sam CMnm Sam Gtaara Looting 559 ttap inch AIM Ffcr» Ayutftyo tovottmant... Bangkok Agro-lnd 125 148 3625 191 42 1Reuter - 141 words
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Article58 1986-07-15 11 AFP THE CANADIAN metals giant Alcan Aluminium Ltd is to help set up an aluminium extrusion and manufacturing plant in the Shenzhen special economic zone of southern Guandong province, in a joint-venture agreement with China. The venture will be formed by Alcan Nikkei China Ltd andAFP - 58 words
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390 1986-07-15 11 Price tag of HK$B5O million reported THE EXCELSIOR Hotel in Hongkong looks set to be sold at last. The Causeway Bay hotel had been the subject of a series of onoff deals during the past two years, since Hongkong Land decided to put390 words
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Article, Illustration317 1986-07-15 11 Reuter THE 1985/86 profit figures of Broken Hill Pty Co Ltd reflect the depreciation of the Australian dollar and strong profit growth in all divisions, the company said. BHP earlier reported that its net earnings rose to a record A 5988.20 millionReuter - 317 words
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Page 11 Advertisements
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Advertisement150 1986-07-15 11 WMm Id win®. and entertain Start of A New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine is only half the150 words
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Advertisement131 1986-07-15 11 ne w m •y f -SPI 'viw* Happenings galore, prizes aplenty... from now till August 30. Remy Martin XO and Highland Queen whisky bottle buyers will receive exclusive gifts and win attractive prizes in a lucky quiz. Ladies Night and no cover charge for couples till 10 pm Sunday to131 words
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Advertisement90 1986-07-15 11 Paramount Hotel Where the happy people go fc. V$ it. *>¥ if H f a This month's delight CONTINENTAL BUFFET July 15-31 11am to 2.30pm 6.30pm to 10.30pm Adult: $14 Child: $10 SPECIAL FEATURE FRIDAY VOGUE July 18 25 Showtime: 1.15pm I LEVEL 4, Paramount Hotel, Marine Parade Road, V90 words
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Advertisement137 1986-07-15 11 Fashionably hyatt Join the fashion-conscious every TUesday, Wednesday and Thursday (3 6 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. Tea plus show at $9137 words
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Advertisement160 1986-07-15 11 MUiX WWJW Poking S Sichuan Restaurant —m HOKKIEN-PORRIDGE KigWi DINNER/SUPPER Buffet Style Choose from more than ft* OO 20 appetizing dishes. vv Eat all you can for only *r M Dinner/Supper Time: 7pm 3am v->- •f-f 10% aervtce cherge A 3% government tax* not inducted J k PEKING A SICHUi160 words
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RAW MATERIALS
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402 1986-07-15 12 Reuter THE UNTIED STATES has run into a virtual stone wall in efforts to open the Japanese market to its to- bacco products and is ready to reUliate, according to US trade officials. r Japanese and American negotia- tors have held threeReuter - 402 words
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192 1986-07-15 12 AFP EXPORTS of Indonesia's aromatic oils will soon be made only through •registered exporters in an effort to improve quality control and mainJtain good prices. The chairman of the Indonesian Association of Aromatic Oils Exporters (Indessota), Djohan Narpati, has said that the association's proposalAFP - 192 words
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432 1986-07-15 12 Reuter COCOA producing and consuming countries appear close to a global agreement to regulate the market. According to conference chairman Rene Montes, about 60 cocoa importing and exporting nations are trying to hammer out a new cocoa accord to replace theReuter - 432 words
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210 1986-07-15 12 Reuter MALAYSIAN cocoa output for the 1965-86 (October/September) crop year is expected to be 117,500 tonnes, down from a previous estimate of 132,200 tonnes. The Federal Agricultural Marketing Authority said in a monthly bulletin that in 1984-85, Malaysia produced about 100,000 tonnes of cocoa. It saidReuter - 210 words
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Article70 1986-07-15 12 THE PBICE sf tta sa the Kaala Lunpu- Tla Market eleeed iiekuged yesterday (rem last Friday's Msl4.2f elsse la Dealers said the steadlaess reflected ssme brisk baying activity from Japaa aad leeal shert-eeverlag, bat Barepeaa bayers remalaed Taraever ameaated te 121 teaaes rsaiasrfii with lit last Friday, they70 words
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Article119 1986-07-15 12 MALAYSIAN palm oil futures closed slightly higher on light covering interest yesterday, supported by a steady Chicago soyoil futures close last week, but a lack of fresh factors restricted trading activity. Dealers said October and November closed Ms 2 firmer at M 1550 and M 5549 per tonne,119 words
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Article753 1986-07-15 12 COFFEE Robusta futures ended the morning session higher yesterday, up £40 to £50 a tonne, continuing last Friday's sharp advance. Latest reports from Ac-cu-Weather that mainly dry weather is prevailing in the Brazilian coffee growing regions, continued to underpin values. Easier sterling and the lack of sellers also753 words
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Article361 1986-07-15 12 SINGAPORE The market closed quietly steady yesterday with August One RSS buyers quoted at 173.75 cents per kg, up 0.25 cent from last Friday. The morning session ended 0.25 cent firmer, after fluctuating within a narrow range in quiet trading due to lack of interest. Trading in the afternoon361 words
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Article379 1986-07-15 12 RAS prices in S cearts/kg. FOS in fa d«i NOON CLOSE Int 1 RSS Prompt 175 75 176.75N 176 00 177 00N Int 1 RSS Aug 86 173 50 174.00 173 75 174 25 Int 1 RSS Sept 86 173 50 174 00 173.50 174 00 Int379 words
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Article99 1986-07-15 12 (cents/kg, 1-ton F ■oKet,) AUG SEPT 86 (currant month) (forward month) NOON NOON RAS lurtn -M SoNcrt SSR 20 59 00 161.00N 159 50 161 50N SSR 50 156 00 158.00N 156 50 158.50N MRELB kyM Jf'tn Bvy«n Sttoft SMR CV 231.50 233 50N 232 50 23499 words
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Article151 1986-07-15 12 ChintN Produce Exchange Sellers' noon closing p My 14 (S$/100 kg). rices on Coconut oil Bute FOe 48.00 OkJ drum FOB 61 00 New drum FOB 65.00 Copro Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1152 50 Sarawak White FOB faq NLW 1137.50 Sarawak special block151 words
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Article66 1986-07-15 12 Bangkok (US$/tonnc, FOB) White Rice 100% 1st class 255 100% 2nd closs 220 100% 3rd doss 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rice A-l Super 118 A-l Special 115 C-l Special unq C-l Ord unq Loonzain Rice 100% 1st grode unq66 words
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Page 12 Advertisements
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Advertisement799 1986-07-15 12 BARCLAYS PLC ITS SUBSIDIARIES Heed Office: 54 Lombard Street, London EC3P 3AH. Singapore Office: 50 Raffles Place #23-01, Shed lower, Singapore 0104. Maxwell Road RO. Box 887, Singapore 9017. Tel: *****55. Balance Sheets at 31st December 1985 Barclays PLC (Consolidated) Barclays Bank PLC Barclays PLC Consolidated Profit and Loss Account799 words
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SHARE INFORMATION
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Article, Illustration4065 1986-07-15 13 A GENERAL ROUND of profit-taking during the afternoon session at the Singapore stock exchange yesterday affected Malaysian shares more than domestic issues. Several Singapore shares, notably trustee and finance stocks, chalked up modest gains, while most Malaysian counters practically lost all the ground made4,065 words
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Article251 1986-07-15 13 SINGAPORE G 1 Life S P Tartfe Troctoo M Hm 0 S ►wT V^T'" 1 P H U 0 1 FfLS Hm HM| Hat Iron Metal Im 3 Rises 1650 IS4 164 180 710 390 408 i 281 293 770 215 300 100 382 ipaw 352 Falls251 words
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Article3250 1986-07-15 13 BID and offer prices officially listed and builw in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,250 words
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Page 13 Advertisements
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Advertisement10 1986-07-15 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration632 1986-07-15 14 Reuter STANDARD CHARTERED PLC is unlikely to be threatened by another hostile takeover after its successful defence against Lloyds Bank PLC's bid for control, Stanchart's area general manager Bill Brown said in Hongkong. He also said the narrow victory did not reflect lackReuter - 632 words
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434 1986-07-15 14 SHARE PRICES covered further ground at the Kuala Lumpur stock market yesterday although gains were trimmed by profittaking. Situational counters and lower liners hogged the limelight. Price changes were mostly small but scattered double-digit gains were registered especially by Singaporebased counters. Trading was434 words
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Article277 1986-07-15 14 Ex*"*- Singapore Unit Trust The Commerce 0 84 0 90 The Sovngs Fund 0 75 081 S'pore Prog Fund 0 36 0 39 S'pore Sec Fund 0 60 0 65 S'pore Invest Fund 0 56 0 61 S'pore Equity Fund 0 42 0 46 Asia Unit Trust Mol277 words
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Article2200 1986-07-15 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots o( 1,000 units unless otherwise specified. VDUSTMMLS Acuta (130S) xd Alcorn (71 *B 725) (9) 732,200 words
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Article117 1986-07-15 14 HONGKONG Hongkong Index Monday 1085.5) Friday. 1074.10 Week ago 1100.28 Hang Seng Index Monday 1739 93 Friday *****9 Week ago 1761 52 TOKYO Nikkei Averoge Monday ***** 56* Saturday closed Week ago ***** 07 TSE Index Monday 1385 85 Saturday dosed Week ago 1366 21 SYDNEY All Ordinories117 words
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Article153 1986-07-15 14 UNITED INDUSTRIAL CerparatfM Limited: EGM at Shangri-La Hotel, Orchid Room, Orange Grove Road, Singapore 1025, today at 10am. DEVELOPMENT AND COMMERCIAL BANK Berted: 21st AGM at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, tomorrow at 10.30am. METAL BOX SINGAPORE Limited: Uth AGM at Hotel New153 words
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Article, Illustration435 1986-07-15 14 HONGKONG LAND Co Ltd is considering a plan to spin off its Dairy Farm operations in a distribution to Hongkong Land shareholders. Chairman Simon Keswick said in a statement issued yesterday: "This proposal is still in its formulative stages. This could be accomplished435 words
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Article, Illustration325 1986-07-15 14 PEPSI-COLA International has acquired Seven-Up International from Philip Morris for US$246 million cash. Seven-Up International, with headquarters in Lausanne, Switzerland, is the third largest soft drinks company outside the United States and operates in over 95 countries. "The addition of Sev-en-Up International will greatly325 words
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244 1986-07-15 14 MBT THE MAJOR shareholders of commercial hanks, finance companies and merchant hanks will now be allowed to retain a controlling 51 per cent stake in their financial institutions, Bank Negara sources say. Bank Negara had earlier indicated that all shareholders in these institutionsMBT - 244 words
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Article790 1986-07-15 14 Currant Ex dote Books doM Dote LlpoyoDie Total for Hm year Total far last year Acmo 4%TE(b) Jun 19 Jun 26 Jul 30 4%TE 5% Alex Hldgs 5% Sep 5 Sep 12 Sep 26 5% 6% B Sembowong 30%(j) Jul 24 Jul 31 Aug 22 30%(j) 20% Botu790 words
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Article, Illustration599 1986-07-15 15 HOCK LOCK SIEW LLOYDS BANK'S failed bid for Standard Chartered Bank may just be the beginning of an exciting new episode. Stanchart's worries are not over yet. And perhaps Lioyds's are just starting. The attempted takeover may well have shaken up' Stanchart's bank managementHOCK LOCK SIEW - 599 words
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248 1986-07-15 15 BUMIPUTRA company Halimtan disclosed that it has reached an agreement to acquire 10 million shares or 7.4 per cent of Roxy Electric Industries. The shares were purchased from Mohd Razali Abdul Rahman, Mohd Aziz bin Mahmood and Hassan bin Che Abas. The acquisition is248 words
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Article228 1986-07-15 15 GENERAL CORPORATION has announced that the payment of the first and final dividend is on Sep 30, 1986. THE SES has announced that trading in Myeam Bhd shares would resume from 10am, July 14, 1966. Members are to note that share certificates issued under the old names of228 words
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304 1986-07-15 15 NST ROTHMANS of Pall Mall (M) Bhd said it had made every effort to protect the interest of its minority shareholders in its recent restructuring scheme. The company said after a meeting with five representatives of the Malaysian Chinese Association in Petaling Jaya lastNST - 304 words
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446 1986-07-15 15 NST ROTHMANS of Pall Mall (M) Bhd's restructuring scheme, when implemented, will result in an outflow of M 518.22 million from the country, a Malaysian Chinese Association official said. Mr Chien Kien Chuen, the chairman of the MCA national participation unit, saidNST - 446 words
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Article, Illustration511 1986-07-15 15 AMY CHEOK - Deal with UK company to cost $17m By AMY CHEOK SINGAPORE BUS SERVICE has exercised its option to buy a further 100 double-decker buses from Britain, in a deal worth nearly $17 million (£5 million). Under the latest purchase, SBS will buy511 words
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241 1986-07-15 15 OVERSEA-CHINESE Banking Corp has said that although it' is currently reviewing methods of rations firing the operations of its three finance companies, it has "no plans for them which will involve the issue of OCBC shares or payment of cash". The bank241 words
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Page 14 Advertisements
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Page 15 Advertisements
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Advertisement309 1986-07-15 15 IN THE MATTES OF THE COMPANIES ACT, CAP. UK FAB CONSTRUCTION SERVICES PTE LTD (la Valuta!? LiqaMattaa) At an Extraordinary General Meeting of Members of the Company held at Blk. 1006, Eunos Avenue 7, No. 40, Singapore 1440 on 11 July, 1986 the following special resolutions were passed:(1) That the309 words
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Advertisement129 1986-07-15 15 K PKBANKEN CHANGE OF NAME We are pleased to inform that PK Christiania Bank (South East Asia) Ud f now a wholly-owned subsidiary of PK ban ken, Sweden, witt with immediate effect operate under its new name PKBANKEN INTERNATIONAL (ASIA) LTD Office Address 16 Raffles Quay #31-02 Hong Leong Building129 words
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448 1986-07-15 16 BOEY KIT YIN - By BOEY KIT YIN LTCB MERCHANT BANK (Singapore) Ltd, a new joint venture between two of Japan's largest financial institutions, will create more sophisticated long-term fund related business in the local capital markets. Mr Tetsuya Horie, the deputy president of the Long-Term Credit448 words
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Article, Illustration251 1986-07-15 16 STARTING TODAY, more than half a million customers of Malayan Banking Bhd, including its Visa cardholders, from Malaysia and Singapore can get cash from a total of 90 Maybank automated teller machines on both sides of the Causeway. With the ATM link-up, the251 words
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514 1986-07-15 16 MONICA GWEE - By MONICA GWEE STUDENTS WANTING that 'A' level certificate will play out their studies against a new scenario in 1989. Education Minister Dr Tony Tan said admission into junior colleges and Pre-University centres in 1989 would include two considerations: a minimum D 7514 words
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Article192 1986-07-15 16 UPI THE FORMER director of Hongkong's Overseas Trust Bank was sentenced to three years in prison yesterday for his part in massive frauds that cost the bank more than US$lOO million and led to its being, taken over by the government. Patrick Chang Chen-Tsong pleaded guiltyUPI - 192 words
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Article141 1986-07-15 16 STOCKBROKER Lin Tah Hwa will be tried in a district court from March 2 to 20 next year. Mr Lin faces 22 cheating charges. The dates were taken yesterday when his case came up (or mention in Court 20. Lin's application to have his141 words
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279 1986-07-15 16 AFP AGRICULTURE in Asia and the Pacific, while drifting towards disaster 10 years ago, has registered "vast progress", but mass poverty and malnutrition affecting 300 million people "still pose serious problems". Edouard Saouma, direc-tor-general of the UN Food and Agriculture Organisation, told FAO's 18thAFP - 279 words
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351 1986-07-15 16 LIM SOON NEO - By LIM SOON NEO SINGAPORE served notice yesterday on Canada to terminate the bilateral air services agreement signed in January 1984. This follows the breakdown of air talks between the two parties. A statement from the Civil Aviation Authority of351 words
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Article96 1986-07-15 16 Reuter COMEX GOLD FUTURES opened yesterday morning about USH an ounce lower after having been called little changed. Floor brokers said some foreign selling at the opening, combined with an absence of active buying interest, served to weaken gold. However, the selling was not considered aggressive.Reuter - 96 words
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Article68 1986-07-15 16 Reuter US STOCKS fell below the 1,800 level of the Dow Industrials yesterday for the first time since mid-May. Traders cited pressure from IBM's report of lower second-quarter earnings and carry-over from last week's sharp drop. IBM fell 2% to I«V 4 The Dow Jones Industrial AverageReuter - 68 words
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LATE FILE
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Article55 1986-07-15 16 AFP JAPANESE Foreign Minister Shintaro Abe was yesterday named to head the major Fukuda faction in the ruling Liberal Democratic Party. The development, in which he took over the (action's leadership from former Prime Minister Takeo Fukuda, underlines Mr Abe's challenge for power againstAFP - 55 words
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Article61 1986-07-15 16 Reuter PRESIDENT Francois Mitterrand said yesterday that he would refuse to sign a decree on the privatisation of 65 French companies, raising the prospect of an upset in a power-sharing arrangement with the Rightwing government. He said he could not allow the government of Prime MinisterReuter - 61 words
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Article27 1986-07-15 16 AP CHINESE leader Deng Xiaoping aid yesterday that his reforms of China's economic structure included reforms of parts of the political structure. APAP - 27 words
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40 1986-07-15 16 Reuter VIETNAMESE President Truong Chinh was yesterday chosen to succeed the late Le Duan as die country's new leader. Chinh is a hard-line northerner who was once considered heir-apparent to the late Ho Chi lfinh.Reuter - 40 words
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Article34 1986-07-15 16 UPI THE REAGAN Administration is considering appointing Robert Brown, a black businessman from North Carolina, as amhssrartnr to South Africa. Brown is being considered to replace ambassador Herman Nickel.UPI - 34 words
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Page 16 Advertisements
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Advertisement134 1986-07-15 16 m n LONG BEACH SEAFOOD RESTAURANT (We are at the same old place for 40 years) 610 Bedok Road (Bedok Rest House) I£>NGISLAND GARDEN SEAFOODRESTAXJRANT 220 Stadium Road (Near Kallang Park A W) EAST COAST PARK UVE SEAFOOD RESTAURANT #01-03 UDMC Seafood Centre, East Coast Parkway ENQUIRIES PLEASE CALL *****22134 words
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Advertisement13 1986-07-15 16 COLLECTION AGENCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06, *****7413 words
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Page 16 Miscellaneous
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Miscellaneous46 1986-07-15 16 Outlook for todoy: Shown over severol areas in Hn morning. Report for 24 hours prior to 7.90pm on July 14 at the ok<i "'»M i ''i*BBrrr Associated humidity 94 Hours of sunshine 0.00 Rainfall m millimetres 6.0 Rainfall this month 31.8 Romy days this month 546 words
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SHIPPING TIMES
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319 1986-07-15 17 A CONTINGENCY plan based on surcharges designed to keep cargo moving in North America in the event of severe disruption could come into effect after Aug 15. To defray the extraordinary operating expenses which could be incurred by319 words
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358 1986-07-15 17 G DURAIRAJ - By G DURAIRAJ SINGAPORE-BASED Pacific Carriers is exploring the possibility of setting up a Joint venture company in Malaysia for the purpose of flagging its ships. The company has contacted the maritime division in the Malaysian Ministry of Transport358 words
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157 1986-07-15 17 EIGHT OPERATORS in the Australia-Japan trade are looking into the possibility of using larger ships to service the trade. The eight which belong to two separate consortia the LO and RO groups have recently pooled together nine ships to offer six sailings157 words
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183 1986-07-15 17 Reuter THE SUEZ CANAL has for the first time earned Egypt more than US$l billion, according to the canal chairman Ezzat Adel. Adel told the Cairo newspaper Al-Akhbar that tne canal's earnings in the year ended June 90 had exceeded the billion dollar level despiteReuter - 183 words
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PORT SIDES
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Article90 1986-07-15 17 A MAJOR ENGINEERING contract has been awarded to the Port of Le Havre by the Port of Dakar Authority. To fulfil the contract, the French port has tied up with Sofremer and Bossard International. The three have formed a technical assistance team with specialists on90 words
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Article136 1986-07-15 17 NORCONTROL Surveillance Systems of Horten, Norway, has been awarded a contract by the Chinese Ministry of Communications and the port authorities of Qingdao Harbour, to supply China's first vessel traffic system. The Norwegian company will install in early 1967 its VOCB6 processing and display system, recording136 words
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Article490 1986-07-15 18 GRAIN voyage fixing dominated the London shipping freights market on Friday. The market continued to lack sufficient demand to change a generally weak tone. FIXTURES Tankara: Generally lower rates were reported for most crude sectors of the tanker market. Grain: Maize Banawe 14,000/14,700 long tons South Africa/Japan $14.75490 words
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500 1986-07-15 18 Reuter DESPITE BURLINGTON Northern Inc's announcement of plans for a massive US$l.9 billion writedown, analysts said they continue to believe that the longer-term outlook for the company remains positive. "Writedowns are not uncommon here, it's in line with what the industry isReuter - 500 words
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174 1986-07-15 18 SENERMAR SA, the Spanish firm of naval architects has just won its third contract in West Germany in seven months for Foran its established computer-aided ship design and production system. The latest contract is with Paul Lindenau Werft of Keil, a medium-sized shipyard174 words
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148 1986-07-15 18 AP AFTER extensive refurbishing, < the QUypao is preparing to re- embark on its ambitious around-the-world excursion un- der the direction of its 76-year- 0 old captain, Jacques-Yves Cous- r teau. In about three weeks, the 44-year-old Cklypeo is scheduled to leave Miami, thenAP - 148 words
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Article, Illustration395 1986-07-15 18 THIS IS THE artist impression of a crab-fish factory vessel which Rauma-Repola is constructing for Sudoimport. The Finnish yard was awarded the 12 billion Finnish mark contract the largest single contract it has received so far to build three of these 179-m vessels. The395 words
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Article666 1986-07-15 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL III 1 Bolt-Canada Lme VI 4/5 Bait-Orient Line VI 4/5 Bank Line V 5 B8S 1 4/5 Ben Line Cont666 words
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466 1986-07-15 18 UPI LOVE BOAT ocean liners that cruise the Pacific coast are bringing more to Canada than just amorous couples. Their cargoes also hold marijuana, hashish and cocaine. Fears of European terrorism and the lure of the Expo 86 world's fair haveUPI - 466 words
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Article176 1986-07-15 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 in» Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping AMRO (STWATTS/ AUSTRALIA): Australian National Line Australia/Straits Container176 words
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405 1986-07-15 19 Lloyd's List JAPANESE SHIPOWNERS are predicting that 10,000 seafarers jobs will have to be cut by the end of the decade. The Shipowners Association of Japan (SAJ) warned that 40 per cent of Japanese seamens' job could be lost within four or fiveLloyd's List - 405 words
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125 1986-07-15 19 Reuter THE TRANSPORT Ministry of Japan has asked its advisory panel to recommend ways to promote a new ship scrapping programme which aims to demolish a total 1.9 million grt over three years, starting later this year. The ministry's shipping industries division has alreadyReuter - 125 words
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299 1986-07-15 19 FT THE UNITED KINGDOM TransCand General Workers' Union rebuffed attempts by the port employers to open discussions on the more flexible use of labour in the docks. The port employers wanted to amend a part of the agreement, known as the Aldington-JonesFT - 299 words
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162 1986-07-15 19 Reuter IRAQ SAID ITS warplanes hit three large shipping targets in the Gulf in the last 24 hours as Gulf sources reported a fire aboard one of them, the missile-hit tanker Achilles, had been extinguished. A military spokesman said three "large naval targets," theReuter - 162 words
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Article44 1986-07-15 19 PORT RASHID established a record recently when it handled 34,893 cu m of packaged timber in 92 hours. This was the largest single consignment of timber ever to arrive in the Dubai port and was discharged at a phenomenal rate.44 words
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161 1986-07-15 19 RICKMERS LINIE is taking plans to improve its China service in an attempt to put the company back on a profitable path. By the end of the year, older and relatively small ships of 10,000 to 12,000 grt will be replaced by modern161 words
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Article280 1986-07-15 19 AFP A COMBINATION of uncertainty over crude oil prices and the end of the holiday weekend in the United States made for very dull trading last week on the tanker market. Hopes that oil prices would fall further kept buyers on the sidelines, particularly from Gulf states areasAFP - 280 words
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6974 1986-07-15 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.6,974 words
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Article685 1986-07-15 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Nan Princess 8S 15.7.86 1700 Eagle Corp Fl 0800-0900 W4 Pegasus P 437N 15.7.86 1900 Straits Shpg F1 1000-1030/1030-1100 Fl/Gl Piya Bhum 45N 16.7.86 0300 S'p° re685 words
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Article1693 1986-07-15 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprises Ltd Some (S) AB Siiippmg Bousteod Shpg Agencies Afeo Lme Atncon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Oceonus ShtppmgAgen cies <S> MuNiport Sdn Bhd (PK) AmerKon1,693 words
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Article546 1986-07-15 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES K22 Jenson Thong Soon alongside 15.7/0100 Koheng K30 Or Lloyd alongside 15.7/2300 Lok Vinoy KI8 NTYSS alongside 15 7/1100 Ned AJkmaor KI2 Ned-EAC alongside 15.7/1700 Rojah Brooke K24E SSPL alongside 157/1830 Troro Fiord K10 Barber alongside 15.7/1500546 words
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Page 17 Advertisements
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Advertisement603 1986-07-15 17 i IMM SMPTWE MPKB (*n M M2M4/ OH) 70 Stanton W*t #04-03 ttantu Howe Singapore 0207 Td *****11 TELEX NO RS ***** cfs offCE m: #***** m *****31 mi *****32 Tcriwial ollw TPC #03-030 lal *****90/*****93/*****01 sTPSiTS EUROPE EXPRESS SERVICE m BMwwaa EUROPE f XPPfsS SEPyia CJLPBMSE CNMCORTM I COMMKI603 words
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Advertisement66 1986-07-15 17 mm DESPITE BURLINGTON Northern onnouncement of plans for o mossive writedown, analysts said they continue to believe that the outlook for the company remains positive. Pege II JAPANESE SHIPOWNERS are predicting that 10,000 seafarers jobs will hove to be cut by the end of the decode. Pag« IH Index to66 words
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Advertisement536 1986-07-15 17 SALT-ORIENT LINE Baltic Shipping Co Ag«nt: Singapore Soviet Shipping CoPteLtd let *****33 MAERSK LINE FAST TRANSIT TO m/ SINGAPORE/DUBAI DAY: SINGAPORE/DAMMAM— 9 DAY Bf/VW fl ffl KTuoo p,mdo Vot EXPORT TO USA. 3T^is/T3»« CT IV7 I7M MB 14/7 2/1 l/l 22/7 «/B 18/S 21/7 lta 17/1 S/t 23/1 2«/> 12/1536 words
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Page 18 Advertisements
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Advertisement645 1986-07-15 18 NOTICE OFFICE IVOIRIEN DES CHARGEURS (COTE D'IVOIRE SHIPPERS' COUNCIL) ANNOUNCEMENT Cargo Visa System of the Republic of Cote D'lvoire. Shippers are hereby informed that, in accordance with the regulations of the Republic of Cote D'lvoire, in force viz.: The Interministerial Order of 25th August, 1977 and associate laws and ordinances645 words
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Advertisement175 1986-07-15 18 I I fc'TTi Supercarrier Service e sm um h m mm n/i 22/t a/i a/t i a/i v* a/7 ZWt/7 1/1 a/I 1/9 7/1 1/1 13/1 11/1 IV* 11/* 11/1 1-12/1 IVS 1/9 11/9 a/9 22/* 27/* 2«/* VU caatn ta Ma (KB). 1 Fndn Arata. Caracjo frdgctow St Gaarics.175 words
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Page 19 Advertisements
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Advertisement630 1986-07-15 19 The Straits Steamship Group J Mansfield Container Shipping Pte Ltd QC!L Overseas Containers Limited COWTAIWEPSHIP SERVICE TO UK CONTINENT STRAITS SHPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok r%m 11/1 13/1 lt/S 11/ l 23/1 25/9 11/ l 92/9 •7/9 M/ 9 19/9 19/9 M/ 9 21/9 •1/19 93/19630 words
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Advertisement490 1986-07-15 19 Franco Belgian Services f&j ~h MEMBER OF ACE CONSORTIUM) I 4.1 (Jh? 'i 5 k| 7k| |fe| tthi tthi N aS liS) uZ 12m m 5 u3 25 2J MM (SM) ulm W* a* Qk; aft* «J« g kc(4taoBtai a*« o*t UMI 2I*»OM Mm Ktat ntaNn UNmm m*s rjm Vlm490 words
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Page 20 Advertisements
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Advertisement390 1986-07-15 20 Hapag-Lloyd 10 CONTINENT, UK EXPORTS Spm PJUMSiM U/l 17/1 23/9 31/1 7/9 \w i/w VII lt/lt 24/11 13/1 1V» 25/1 2/9 9/9 11/9 21/9 3/19 11/10 11/ It 21/19 22/7 24/7 21/7 31/7 4/1 VI 11/t 13/1 19/1 21/1 27/t a/t 4/9 1/9 11/9 13/9 11/9 29/9 21/9 2t/9 4/11390 words
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Advertisement483 1986-07-15 20 lOtlt o»'»as ..m «Xu<» A FULLY CONTAINERISED SERVICE S Mtrih" ol I'"" See lon'.cxthKi TO EUROPE VIA SUE/ C I TOKYO SR A Mrmbri "I !»:<• c l.onson i"> su ROM filROPf VIS 4/8 20/7 27/7 30/7 8 8 6/8 2/1 3/1 9/1 10/8 13/1 li/1 IC/I 17/t 20/1 45/0483 words
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Advertisement242 1986-07-15 20 OL Hui Sun Hup Co (Pto) I id II L (.'0 t mps! TLX US \s| I K\ \K I I\| K lIP lliiil INTERMARITIME LTD .U*(Ml|ri)MaiMl Mate (M M M I7HII REUNION/SOUTH AFRICA SERVICE to 9 11 n. EMS WM» M n/1 a/7 l/l 7/1 12/1 19/1 25/1 n242 words
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Advertisement609 1986-07-15 20 o EVERGREEN full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) a/i vn an v* 7/1 i/< ii/i 12/1 iv i7/i 2v* a/s vi ii/i u/i is/1 17/1 ii/i a/i on 2/1 4/1 7/1 B/l 1/11 2/11 VM VU VU U/M VI 11/1 IV* 7/M VII VU 11/11609 words
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Page 21 Advertisements
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Advertisement779 1986-07-15 21 PACIFIC INTERNATIONAL LINES \\\T \V\ PIL Building. 140 Cecil Street 03-00 Singapore 0 106. Tel: *****33 FAR EAST CONTAINER SERVICE QOWA KOTA MHQA MAJAFAMTT SM JKT SGY 8M Md Md Md Md sm nrr nn aa/7 i%n aa/7 ai/7 7/a m 11/s 14/1 •TCM TAICHUHG *MUH HKQ KAO TCH KK779 words
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Advertisement650 1986-07-15 21 BENZINE CONTAINERS »V« Bar UM faM M 15/7 17/7 Km IV? WJ a/7 a/7 w f 2V7 a/7 a/7 11/7 2/1 ■tb»NM VI vt VI VI 11/ l ■In 11/1 IV! 14/1 IVI 14/1 Mm 17/1 i»/s a/« 22a a/i Ml VESSELS ACCEPT nimi' l Yi'k'i.v ill KkJJEBSEN LINE fc.650 words
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Advertisement457 1986-07-15 21 DJASAGETRI A Joint Europs Ssrvtae Of: P.T. BMKMTA LLBYB P.T. fIESM LLfYW r.T. UMMEM IMMESU P.T. TMttU LUTI EXPRESS SEMI CONTMNERSHIP SERVICE SINGAPORE TO EOROPE EraTi hmo aon iwiuwimmiin— P«rt US VI l/l 11/ l U/l li/t I ITOK IW» KMC WTV n-m \n-nn 1 n/t 2/1 I STQK HLBM457 words
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Advertisement219 1986-07-15 21 BOUSTEAD SHIPPING AGENCIES M-Mnra PAGAN Villi MYOMA TWA V* BURMA FIVE STAR (Burmese National Line) Loating far Rangoon Sparc Plata* Nm| I 12/15 M 17/11 M 4/i am t/iitoi 5/7 tar BANK LINE WORTWOUW) TO HC SPOtt FORTHBANK VIM 2S/7 TAUSALA SAMOA V 7 S/t TOAAA MKN V.l 24/1 MOMTBMK219 words
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Page 22 Advertisements
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Advertisement998 1986-07-15 22 [3 K LINE KAWASAKI KISEN KAISHA. LTD. X -r ra no.fi m ran» CMTaq»cauM m 11 M 12 M U M ICM MM MS* 1 Oct P|K tfMUT* SJRVMOMUMMSO Oct 14 Oct 11 Oct m MIC MB VQK MM IRMIO KMMCO PT. QMTZMJtCAJtfTUt SIOKKO COHNTO FT.CUM UM 13M MM MM998 words
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Advertisement422 1986-07-15 22 AUSTRALIA EXPRESS »cc«pllw FCL/FCL fPitta* Im* Voml S port 11Mb Fren Sf* Mm Acta HABWAS V»2O M 4A* 13 taf H** AMI/Bra [STiarffß V 5 3 Ami RAMOAS V 24 10% 25 A« 3 Sept 1 Sep* AM/Bra CALABAR *27 17 A« "CHANUMS V2l 2 S«t 17 S*t 2t S*t422 words
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Advertisement600 1986-07-15 22 GOLDEN LINE GUM GUM SHVrm (TIE) LID Zl.U*kim M mm MM to. UtMt (II UKS) STRAITS/PERSIAN 6ULF SERVICE: f j«wmn Cotomtoliar ad*/Ita Qabooj 21/71 Ml- 60UO KM Gatoate/K^acMi/OMte/Kinrart m 28/7 2/8 mi st sr IsT "sr tp w VI VI u/i 11/1 ntt rut vtt P. KELAN6 M 83-*****41, X»2N-7600 words
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Advertisement262 1986-07-15 22 INTRASEA (PTE) LTD 10 Anson Roa<l =27 1 8 inte'' t' >".< Smcjapore 0207 Tel •O r r.ftr.v* t BREAKBULK SERVICE TO EUROPE/UK mn/mm (mm PHILITRON SHIPPING AGENCIES PTE LTO TEL *****22 (8 I INT St TELE X RS ***** PHILI 19/7. a/7. 2/1 9/1 U/tU/t ran a/7, vn ram262 words
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Page 23 Advertisements
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Advertisement543 1986-07-15 23 Imn NEPTUNE AGENCIES PIE. LID. KE9/MBT M/XJ id ib Met ihm crs man znnv *****53 *****42 *****77 *****2? *****53 NINKTW *****19 *7*lll NEPTUNE ORIENT LINES LTD if ft wpWii. ptMM at *****44 ICPUNE SON. M>. *****97/*****45/39M5U/JM7424 NEPUNE SOU M. *****71/24J4134/****** NEPIM SOU M> *****9/*****5/*****4/*****1/*****2 TO QROPE/UK (VIA SUEZ): ■w nm>|543 words
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Advertisement285 1986-07-15 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI -CONTAJ N E RIS E D DIRECT SERVICE TO P KELANG. PENANG BUSAN INCHON fe* taw/MSN I BuiMOT Hi. i n»M>,'fwi 7 tmmm/tm Mr J Hmm/MM NJPIUf# »GI N' ll S Pit ID Ifi V .\'o«.'K4 l.rrr il .VII. I'. '(IS H Mm 17/7285 words
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Advertisement565 1986-07-15 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SffSOV BULDM6 55. Market Street Snfapore 0104 Tel: *****33 (15 Ums) T< Cable Address SMSOV SMGAPORE Telex Umbers K ***** *S ***** IS 2510S r.mm M/S SHAROAT NAM SOON SOL RM> IST AND 2ND FLOOR. NO 1. JALAN CtMPEMNG. PORT KLANG. MALAYSIA Tel565 words
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Page 24 Advertisements
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Advertisement357 1986-07-15 24 H REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) OD 22-23/7 24-25/7 20-27/7 27-27/7 27-27/7 THAILAND i mi rrm i IFTTm MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PDMN6/WEEKLY TO PJCELANG/FORTHGHTLY JO BEL A WAN BENGAL BAY CONTAINER FEEDER WEEKLY TO C ALCUTT A/CHALN A/CHITT AGONG V(i- V OriT Kf357 words
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Page 24 Miscellaneous
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Miscellaneous171 1986-07-15 24 Iki'j Regional Weather K St N > r > n S3 i C' 4 as S3 i'-l£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: C yA cT w Wind direction with speed in knots Wave height R Thunderstorm Temperature c X\ V Shower Weother Wind direction171 words
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Page 25 Advertisements
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Advertisement103 1986-07-15 25 fti mil FAR EAST'EUROPE CONTAINER SERVICE FROM; EUROTE ISL fumwra H".r"TTllTf 11 iiffim 11 .r ■nun n ■inn H i' lmitri 11 "i/' '-tttttw I GHOSH M' ra rTjIIBCTWIUBT-'irTTTTTI ALSO ACtEFTMG FOR: MnorLJMNI. IK. MODI. COPEMMfiEN. OSLO ALSO ACCEfTMG FMM EUtOfL *m WM. COT. IK. Mmop. OSLO, cm UNB mjo103 words
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Advertisement201 1986-07-15 25 'hTTFPNATIONAI rM;x:u:KiM TF« VOV 112 TFS VOY 113 TOMAMBMWO TFS VOY 088 TFS \iz TFS VOY A 44 Eta NK nrr 2/8 Eta Pan Eta I nrr wt TFB VOY T74 22/7 WT TRANSOCEAN (M) SDN BHD DUBAI, KUWAIT, DAMMAN WwMy LCI Strvicc Inorpm I cfs cm* »/7 11/7 Tin201 words
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Advertisement82 1986-07-15 25 Scan Dutch 9 TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) ta*a/2M D^m/2M b imk/m 3) GRANGEMOUTH (SCOTLAND) S) GOTHENBURG TO HONG KONG-TAIWAN-JAPAN -CHINA* FEEDER VESSELI PENANG I P. KELANG I VESSEL I SINGAPORE I HONGKONG BUSAN FROM EUROPE VESSEL B MR/MS BB*m/2C5 I Smk/m FROM RED SEA- MEDITERRANEAN FROM JAPAN-TAIWAN-HONG KONG OFFICE BOOKINGS82 words
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Page 26 Advertisements
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Advertisement97 1986-07-15 26 f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 SomtrM! Ro»d *0«-01 Ng T«ow Yhe« Oldg S pore 0923 Tel 235 8444 4 lines) Pwt K'Unf lifj Pna Srtn Bh<l Ifl OJ Penary Mala»ua Irartf A transport lid Tel 04 6] '89-3 Pas* Godanj Maiavuan St*pp»ie »{fnc.fs97 words
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Advertisement307 1986-07-15 26 T m\ MOi rr- j Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER .5® OCEAN ELITE GLORIA PEAK ASTRA PEAK 18 Jul Mombasa. Daressalam 26 Jul Port Louis. Reunion 26 Aug Port Louis, Reunion ALTAI MARU AFRICA'S NO C axmruui .vi) r w iftm FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY, FRIDAY ADVERTISEMENT.307 words
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