The Business Times, 23 July 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, JULY 23, 1981 75 CENTS
    12 words
  • 554 1  -  Discussions not sufficiently conclusive, says ITF statement to SES By ALVIN TAY INTERNATIONAL TRUST A Finance Ltd (ITF) yesterday confirmed that an officer from the Oversea-Chinese Banking Corporation had held preliminary discussions with its director, Mr Ong Tjin An, on the possibility of
    554 words
  • 366 1 Bernama, Reuter IN A LAST-MINUTE effort to deny the ruling National Front (NF) coalition a twothirds majority in the coming Malaysian general election, the main opposition Democratic Action Party (DAP) announced yesterday that it is prepared to strike an electoral understanding with
    Bernama,; Reuter  -  366 words
  • 205 1 Reuter MALAYSIA'S High Court yesterday dismissed an opposition party's application to halt next month's general election, the attorney-general said. The main opposition Democratic Action Party (DAP) had sought an injunction to stop the poll being held on Aug 2 and 3 on the grounds
    Reuter  -  205 words
  • 171 1 AP THE UNITED STATES' economic growth slumped to an annual rate of 1.1 per cent from April to June, the slowest pace since the end of the last recession three and half years ago, the US Commerce Department reported yesterday. The
    AP  -  171 words
  • 71 1 CONTINUED prWlt toHag aad nm stop-torn telling euied sfcare prtoee to (all ever a kui bwt In fate* tnflv at the leeal fifrhiiM yesterday. The Bim Times Cempeette iMktx fell 4JB petals to ttlfl aad the Stratto Times laiastrtal Us* LM Batata to 128.18. Velame Improved slightly to
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  • 395 1  -  By CHUANG PECK MING PAYING FOR A BOTTLE of beer or stout does not necessarily entitle the buyer to possession of the bottle. Not many people realise this. So Malayan Breweries which brews beer and stout under the brand names of Anchor, Anchor Extra Strong,
    395 words
  • 58 1 THE OPENING UP of Japan's skies is creating opportunities for Asian airlines to tap the growing traffic on trans-Pacific routes. CHAN OI CHEE, reporting from Tokyo, discusses with industry representatives the implications of Japan's new aviation policy. She also reports on the prospects for an
    58 words
  • 403 1  -  By LUCY NG ONE OF GERMANY'S leading computer makers is setting up a regional sourcing centre in Singapore to tap suppliers In the Far East. Nixdorf Computer AG is setting up the centre to buy electronics components and parts from Taiwan,
    403 words
  • Page 1 Advertisements
    • 237 1 Cahners Exposition Group CEI The Exhibition People OUB offers the full range of CPF approved investment faciities E! Stocks and Sharaa Stocks 'ZUnhThats > Z Physical GoW BOofcl Certmcaese 0 Gold Passbook Account a Cash naiiiibwaaiwants for CPF approved f *M V 1 H Exciting Holidays to be won I
      237 words
    • 246 1 mm SHARE INFORMATION MONEY A EXCHANGES AIRCRAFT SCHEDULE LETTERS TV A RADIO OUR VIEW CONFLICTING ECONOMIC SIGNALS indicate that the economy is no longer moving in one general direction. This not only means that sporadic signs of recovery are to be treated with caution but also thot while business decisions
      246 words
    • 233 1 `<\-}(`%|.``-%&_.)|^"!%_%>)|_-= The International Health Plan A complete medical expenses and worldwide medical assistance package intended primarily for expatriates of all nationalities and their families Unlimited cower for all major medical expenses Worldwide cover including emergency medical transportation and air ambulance 24-hour Emergency Medical Assistance Service Worldwide Fast efficient worldwide claims
      233 words
    • 3 1 8h Pagt 8
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    • 11 1 August 26-29.1986 World Trade Centre, Singapore Organised by Th« Exhibition P*opte
      11 words

  • HOME NEWS
    • 517 2  -  By LIM SOON NEO INTERNATIONAL Theme Parks (S) Pte Ltd, which will be operating the revitalised Haw Par Villa, is still awaiting response from the government on financial incentives for the project which is being expanded to include a second phase. The new company formed by
      517 words
    • 394 2  -  SINGAPORE By MONICA GWEE WHAT PRICE for a prise logo? At least one hopeful designer who submitted an entry for the national logo search considered 1500,000 a reasonable figure. His argument: Singapore Airlines had not begrudged 31 million for its world famous logo
      394 words
    • 248 2 THE NUMBER of visitors to Singapore was up slightly in May, after suffering a fall in the previous month. Compared with a year ago, the number of visitors in May was up Li per cent. Latest figures released by the Singapore Tourist Promotion
      248 words
    • 498 3 A STAR RATING in safety is bad news for Changi Airport. A star means an airport's safety standards are not up to scratch, according to the International Federation of Airline Pilots Associations. Fortunately, Changi Airport has earned seven consecutive "starless" years of
      498 words
    • 413 3  -  By MARTIN SOONG REDUCTIONS in rent, franchise, and concession fees at Changi Airport will continue to apply until the end of 1967. The extension of the rebate was announced yesterday by the Minister for Communications and Information, Dr Yeo Ning Hong. The 15
      413 words
    • 167 3 THE EXPORT Credit Insurance Corporation of Singapore (ECICS) is organising a series of conferences. Financing Your Ebcports Competitively, to explain the various financial options available in the markets. These conferences aim to keep exporters informed of each type of financing, its costs, and its associated risks and
      167 words
    • 403 3  -  By SAID ABDULLAH ARTICLES in the Mirror, a bimonthly publication of the Ministry of Communications Information, are now being syndicated to regional newspapers. The first such syndicated article "News Centre of Asia" appeared in the June 17 issue of New Straits Times of Malaysia.
      403 words
    • Article, Illustration
      429 3 OCG-HAGEMEYER, the Singa-pore-based subsidiary of Dutch reprographic equipment manufacturer Oce, has introduced a new multi-purpose plain paper printer. The printer, called Oce 7500, has been specifically designed for the design engineering market and is based on the Oce 1900 plain paper copying system. According to the company, the
      429 words
    • 445 3 THE DEVELOPERS of the Forum Galleria in Orchard Road, set to open this Saturday, have rented out half of its office space and some 40 per cent of its apartments as at the end of last month. Forum Development, developers of
      445 words
  • Page 2 Advertisements
    • 212 2 Ming Dynasty globe shotting earth's meridians. GLOBAL ADVANTAGES. Doing business with Bank of America opens up a whole new world. Because we have a network of 2,000 offices around the world, unsurpassed for strength and know-how. So our clients enjoy a wider range of quality banking products and services that
      212 words
    • 229 2 Make sure of your own, personal copy of Business Times. because a quick nibble at the office copy really isn't enough J Because a quick nibble at the office copy really isn t enough Not when Business Times is packed with information which is vital to the Singapore business scene.
      229 words

  • Page 3 Advertisements
    • 76 3 An Image You Can Bank On. •<>* \evv, prestigious building in the heart of the banking financial district Highly v isible corner ground floor banking hall with vault High pedestrian traffic from 5 pm Klegant internal spiral staircase link to banking offices Approx. 2487R sq ft Problem-free parking Read\ for
      76 words
    • 112 3 Shouldn't the best steamboat be found by the seaside? Announcing, another delicious reason to visit our countryside cafe. Changi Village Steamboat. The latest addition to our ever-popular menu of local favourites. Remember when we introduced our fish head curry? Its fame spread to such far away places as Jurong and
      112 words

  • ASIA-PACIFIC
    • 476 4 AFP THAILAND IS INTO the final week of a campaign for general elections to be held this Sunday. The event has generated little enthusiasm and has been marred by charges of widespread vote-buying by candidates. Analysts put the lack of enthusiasm down
      AFP  -  476 words
    • 394 4 UPI ARMS DEALERS in Western nations, including France and Israel, are selling billions of dollars of weapons to Middle Eastern countries supporting terrorism in exchange for money, oil and security, a monthly publication has said. A ieport in the August issue of
      UPI  -  394 words
    • 212 4 AP A MASSIVE anti-terrorist operation in Punjab state had left several Sikh extremist leaders dead and farced others to seek new cover, the state's top law enforcement officer said on Monday. But a senior Punjab minister dubbed the offensive as "operation fraud", saying security forces
      AP  -  212 words
    • 162 4 AFP OVERSEAS PURCHASE orders for Taiwanese products topped a record US$3.3 billion last month, an official trade report said yesterday. The report, released by Taiwan's Economic Ministry, said falling global crude oil prices and a depreciation of the Taiwan dollar against the yen and major
      AFP  -  162 words
    • 257 4 Reuter AUSTRALIA'S business survival will ultimately depend on its ability to develop export markets in Asia. Trade commission chairman Vera Christie told a twoday business conference in Sydney on Monday: "We have slipped as a world exporter from 12th place in 1964
      Reuter  -  257 words
    • 585 4 VACATIONING JAPANESE are playing it safe this summer and either pocketing their passports or, as in the past, rediscovering the US. Forecasts of a healthy growth in travel especially to Europe have fallen flat, leaving some airlines and segments of the
      585 words
    • 139 4 AP THE CITY of XIAMEN, one of China's four special economic zones, has moved to stop overcharging of joint ventures and foreign companies. Vice-Mayor Wang Jinshui said the municipal government must intervene to prevent local utilities from bilking foreignrelated companies with rant
      AP  -  139 words
    • 77 4 AP HONGKONG will have 71 hotels in 1989, 20 more than last year, and the occupancy rate will fall from 88 pet cent to 69 per cent over same period. According to figures re» leased by the Hongkong Tourist Association yester* day, Hongkong hotelq would
      AP  -  77 words
  • Page 4 Advertisements
    • 150 4 THE Yll.v I S N A P O K K The most breathtaking views in Asia, from the Westin Stamford, the tallest hotel in the \vorl< Plus the widest seleetion of restaurants anywhere in Singapore. Six superb tennis courts and lour air-conditioned squash courts. Two swimming pools, plus a comprehensive
      150 words
  • Page 4 Miscellaneous
    • 77 4 Doonesbury SOUHATTAKCS YOUOVERTV LONDON, MARCtA? BUSINESS? NO, NO, ITS MY ANNUAL SINGULARITY TRIP. ONCB A YEARICELEBRA7ETHE SUSPENSION OF MY SEARCH FOR MR. RIGHT BY 601N6 OFF ON MY OWN f 2> I m I i His <v m '4 J£9. BY GARRY TRUDEAU U/HY, VWS. JMSAMAZING! I TOO, AM A
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  • REST OF THE WORLD
    • 131 5 UPI COUPLES who laugh together usually «toy together, Psychology Today inigMin» reported on Monday. A study by Connecticut College psychologist Bernard Murstein, published in the August issue of Psychology Today, found that men and women with a similar sense of humour are more
      UPI  -  131 words
    • 775 5 Oyntor ARRIVALS Service Local From SIA MAS SIA KAL SIA MAS MAS QA SIA CPA RBA QA SIA QA SAS UB SIA SIA THAI CAL MAS QA SIA SIA AY QA QA SIA SIA RBA SIA SIA SIA THAI MAS THAI CPA KLM QA Al MAS MAS
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    • 483 5 Reuter AP THIRD WORLD clothing and textile exporters have told industrial states that failure to accept more imports could jeopardise a new round of world trade talks due later this year. About 50 countries opened negotiations on Monday in Geneva on
      Reuter; AP  -  483 words
    • 133 5 AP THE AMERICAN Senate has approved a two-year extension of export controls designed to prevent sophisticated technology and other goods useful in warfare from going to communist governments. The measure was approved on Monday on a voice vote after less than two minutes
      AP  -  133 words
    • 377 5 AP THE US and Japan, seeking to end a year-long semiconductor trade dispute, have reached a preliminary agreement likely to be formally approved this week in Washington. Britain's Fin*nci*l Times said on Monday that the agreement endorsed a US goal of capturing at least 20 per
      AP  -  377 words
    • 171 5 Reuter A SENIOR INDIAN «porta official yesterday rejected a demand (or compensation to be paid by countries boycotting the Commonwealth Games, saying it was not backed by any rule or convention. Press tycoon Robert Maxwell, chairman of the Games' fund raisers, said on Monday
      Reuter  -  171 words
    • 345 5 Reuter FORMER AUSTRALIAN Prime Minister Malcolm Fraser said South Africa's Law and Order Minister told him Pretoria could stamp out racial unrest if security forces could "shoot enough blacks". Mr Fraser, a co-chair-man of the so-called Eminent Persons Group (EPG) sent by
      Reuter  -  345 words
    • 289 5 Reuter EUROPEAN COMMUNITY foreign ministers have decided to complain formally to Japan that it has not lived up to its pledge to open its markets to EC goods. EC External Relations Commisstnnrr Willy de dercq said in Ihnssfii on Monday that they also ordered
      Reuter  -  289 words
    • 281 5 FT SOVIET leader Mikhail Gorbachev may have to halve the recent average growth rate in defence machinery production if he is to achieve his ambitious re-tooting of the Soviet civil economy, according to a study by Planecon, the Washington-based research nrgssisitioa "Mr
      FT  -  281 words
  • Page 5 Advertisements
    • 104 5 Another Specialty only from Dragon Gty. Discover some of the finest Sichuan and seafood dishes at Dragon City Restaurant. Every dish is masterfully prepared by caring chefs to please your palate. Experience the warm and impeccable service, so reminiscent of traditional Chinese hospitality and Amidst rich and eleborate surroundings befitting
      104 words
    • 316 5 Only the very dedicated CAN MAKE HISTORY, it V Royal Oak, extra-thin, water resistant to SO meters. BA ***** 477 BA 5528.750 (Gents) SA ***** 516 SA SSB.OOO (Ladies) In 1909, Ettore Bu- went beyond anything Today, the proud gatti built the first four- that had been seen before owner
      316 words

  • TRAINING & DEVELOPMENT
    • 517 6  - Visioning more than mere wishful thinking By ANNA TEO TO BE THE TOWN CRIER in Singapore's training and development scene, a national body and platform of human resource development (HRD) practitioners these were a few. of the goals some members of the Singapore Training and Development Association (STADA) set for
      517 words
    • 519 6  -  By LIM SOON NEO THE CIVIL Aviation Authority of Singapore (CAAS) has hired a local consultant to carry out a training needs analysis (TNA) to help map out its training requirements over the next few years. The consultant whom the authority declined to name
      519 words
    • 652 6 Seminars and < J Cahners Tet *****13 T r Exposition The RS ***** Courses Fax: *****86 DURATION Aug 4-5 rm r VENUE ORGANISER TELEPHONE Executive Presentation Boulevard Hotel The Forrel *****29 Skis Consulting Corporation Aug 4-31 National Computing 1 National National *****34 Centre Systems Training Productivity Board Productivity
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  • Page 6 Advertisements
    • 182 6 copiers... since 1923 •><> "Soffit The second -1010 The new SELEX 1010 may be the second most inexpensive copier but its versatility and performance are second to none. It is a remarkably compact desktop copier, even shorter than your standard office file. But it has a stunning array of business-oriented
      182 words
    • 154 6 The People Solution Your electrician has taken a long vacation Your draughtswoman is on maternity leave Your welder is hospitalised You need an Engineer desperately What do you do 1 Skilltek! We have the available specialists for a temporary, short or long term basis We also offer full and professional
      154 words

  • RAW MATERIALS
    • 266 7 RAS prices Sco«t*/kg,FOS«b oto> NOON CLOSE fcnitn liflfS SoMon Int 1 RSS Prompt >79.75 180.75N 178 75 I79.75N Int 1 RSS Aug 86 178 25 178.75 177 00 177.50 N 1 RSS Swt 86 179.50 180.00 178.50 179.00 hrtf 2 RSS O P 174.00 176.00N 173.50 175.50N
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    • 79 7 (CMtl/kft. 1-tM H t AUG 86 SEPT 86 (currant month) NOON \Torworo mOfiTn; NOON RAS Bayari SaRan layan Saflan SSR 20 ***** 163.00N 161.50 163.50N SSR SO 158.00 160.00N 158.50 I60.50N MRELB Bayan MiPl Ba jaian SMR CV 237.50 239.50N 238.50 240.50N SMRL 237.50 239.50N 238.50 240.50N
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    • 92 7 Reuter THE KUALA LUMPUR tto prim yesterday fell eight eaii (mi Meaday to efaee at MfMJBO per Ule, to fairty falet tradtog. The (all was matoly attrt bated to laek ef ■treag saepert at the higher levels. The aiarket eeeaed at Ito Meaday's Mfll.tS eleee aad attracted higher
      Reuter  -  92 words
    • 69 7 Bangkok (us$/twM. rot) Whit* Rk« 100% 1st dou 255 100« 2nd dou 220 100% 3rd dots 215 5« 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Ric* A-l Super 11S A-1 Special 115 C-1 Special unq C-l Ord unq Loonzoin Rica 100% 1st grade una
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    • 213 7 MALAYSIAN crude palm oil yesterday weakened further at the close on persistent telling in sympathy with the futures market and operators' anticipation of increased crude palm oil production in the next few months, dealers said. July deliveries in the north slipped M 52.50 to MpM per inri SOUth
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    • 218 7 Reuter SINGAPORE THE MARKET yesterday closed slightly lower with August One RSS buyers quoted at 177.00 cents per kilo, down 0.15 cent from Monday. Trading on the TSR 20 market was quiet throughout the day. Prices eased slightly on late liquidation, after a higher morning session, dealers said. But
      Reuter  -  218 words
    • 140 7 CMmm PfftA ICO Robusta 20/25% EvrliMM FOB NSW 480 00 CAvlMli^V Stltn' MOT dOHNQ pi My 22 (SVIOOkj) ric*s am Nutmeg 110 FOB NSW 1356.00 Coconut oil BWP FOB NSW 1256 00 BJk FOB 46.00 Gambier Od drum FOB New drum FOB 59.00 63 00 FOB NSW 330
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    • 594 7 COFFEE ROBUSTA COFFEE on Monday ended fractionally above the day's lows, having fallen sharply during the afternoon following reports of wet weather over Brazilian growing areas. The New York market also responded to the AOCU-Weather report, and sentiment in London was also undermined by thin dealing, a small
      594 words
    • 200 7 Reuter WHEAT FUTURES on Monday closed up from Friday's dose but off the day's highs on trading dominated by weather factors. Dealers said that although last week's heat wave had abated as forecast in many crop-pro-ducing areas, predictions that hot, dry weather would continue to aggravate the drought in
      Reuter  -  200 words
    • 215 7 Reuter SOYBEAN FUTURES OB Monday dosed riiorpty higher ktqh the bond after a day of trading dominated by concern about drought damage to the crop in the south-east US, dealers said. Early burins of six buehds by booslsd buDMi sentiment and sparked a rally in all pit added. Ooacerns
      Reuter  -  215 words
    • 159 7 UPI AUSTRALIAN Prime matter Bob Hawhe has written to Pre* dent Reegaa pcoteotiig against moves by US whsatgrowurs end Cunjueiewß to extend wbeet export wMiln to tnchirte sales to the Soviet Union end China. A government spokesman aid Ifr Hawke told Mr Reagan
      UPI  -  159 words
  • Page 7 Advertisements
    • 153 7 "Everybody talks about I computerizing our manufacturing, accounting, and order management Nobody talks about cost." HP does. Hewlett-Packard's HP 3000 business computers work with software specially designed for small, growing manufacturers. They come with low entry-level prices and keep the cost of ongoing support way down. These systems are fully
      153 words

  • FEATURES
    • 503 8 INVESTORS looking for nice, clear indications of Singapore's economic directions may find themselves lost. The truth, as an in-depth review of the economy by Singapore Business has uncovered, is that economic signals are pointing in all directions. Although there are some signs that the economy has
      503 words
    • 1861 8  -  Japan's new aviation policy, described as "pro-competition" and "consumer-orient-ed", is opening up new opportunities for Asian airlines including Singapore Airlines to tap the growing trans-Pacific traffic, reports CHAN 01 CHEE in Tokyo. SIA working hard for expansion CHAN OI CHEE THE LIBERALISATION of Japan's Aviation
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    • 314 8  -  Letters to Hit Boiror A P Bampfy Dear Sr, It was with considerable amusement that I read Max Commander's article in Business Times on July 11, in which his ability to exaggerate the facts in a most amusing way provided great pleasure not to only
      314 words
    • 100 8  -  B J Fernandes Dow Sr, I do wish that Mr Max Com- mander's sporadic forays into your Sports Editor's territory were a£ commanding as his name. I am truly at a kiss to undeqg stand what his gripes, grouches and grumbles in July ll's BT art.
      100 words
  • Page 8 Advertisements
    • 110 8 ill in 111 l III! urn 2K > lit) s:« un It* llll* 111 nr Hi <1 i"t«V^i ii* mi m mil provides the information needed by all bankers, investors, forex traders, money gdd& silver traders BT, S'pore's largest business daily, carries an in-depth and up-to-date coverage on the banking
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  • Page 8 Miscellaneous
    • 679 8 CRYPTIC PUZZLE ACROSS 1 How con a teocher be wrong? (5) 6 Plenty of examples? (5) 9 Like the weird spectacle of a horse getting out of a toxi (7) 10 Do*y's surname? (5) 11 A fishy snog? (5) 12 A good deol of sense (5) 13 Heavenly money? (7)
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  • SPORTS
    • 411 9  -  By WALTON MORAIS AFTER HIS runaway victory in the Sentosa Open golf championship, M Murugiah leads a large contingent of Singapore golfers to the Desaru Amateur Open beginning on Friday. The 36-hole gross championship has attracted about 30 Singaporeans who will make the trip
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    • 636 9 AP THE TOWN of Ilagan in the northern Philippine province of Isabela has about 30,000 people, no lawn mowers, and one bad golf course. "That's where I learned how to play," said Carito Villaroman, 17, who graduated from the jungle course to become one
      AP  -  636 words
    • 335 9 Reuter CANADIAN Ben Johnson, the fastest man ever over 100 metres at low altitude, feels that he could slice the world record to 9.90 seconds this year. Johnson told reporters on Monday at an informal news conference in the Commonwealth Games Village in Edinburgh that
      Reuter  -  335 words
    • 194 9 AP ITALY'S Formula One team Ferrari has refused to comment on reports that it may have signed British driver Nigel Mansell for the next season. Italy's most prestigious racing company, faced with a streak of poor results this year, also declined on Monday to
      AP  -  194 words
    • 233 9 AP HANA MANDLDCOVA beat Angeliki Kanellopoulou of Greece 6-1, 5-7, 6-3 on Monday to help Czechoslovakia advance to the second round of the Federation Cup. The US team began play yesterday. Leading the Americans was Martina Navratilova, back in Czechoslovakia for the first
      AP  -  233 words
    • 392 9 Reuter BERNARD HINAULT won the 18th stage of the Tour de France in L'Alpe D'Huez on Monday and settled any doubts about his relationship with his teammate and race leader Greg Lemond. The Frenchman, with five tour wins behind him, and the American teamed
      Reuter  -  392 words
  • Page 9 Advertisements
    • 99 9 Keep a date with Sevvy Ballesteros the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional.
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  • Page 9 Miscellaneous
    • 1144 9 to (MD [aiaiaQ ALL THE WORLD'S A BTAQE The Matter Builders Bpm, Channel 12 Ibsen, father of modern theatre, based his form of drama on his experience of his native Norway and its unique social and mental landscapes. The social realism which characterises his work, had enormous influence and was
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  • INTERNATIONAL STOCKS
    • 448 10 Reuter THE WORLD'S two largest car companies, General Motors Corp (GM) and Ford Motor Co, are gearing up to increase their presence in West Asia, seeing it as a region rich with potential for future development. General Motors, the biggest
      Reuter  -  448 words
    • 303 10 Reuter WALL STREET STOCKS closed narrowly mixed on Monday in cautious trading ahead of the release of key economic data yesterday. Investors remained confused over mixed signals on the state of US business and the direction of the market in the aftermath of its
      Reuter  -  303 words
    • 161 10 JULY 21 C* Imp oi a A 3A 15* AbMbi 22* unch In* Pro I* Rpo 41* IBB Ale on 40 14* 1* unch Korr A 4dkon 15* 12* Bank Nova Scofto Bar* Of Mw*«al Bat Canada Bp Roaourco* 15* 31* 37* 27* unch unch Mc Bfc Moon i
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    • 228 10 JULY 21 1mi Tnat flk Un Stool 127 55 inch unch Wooftru 1200 MOUS TRIALS A Atpha 1020 Ml mici Abarcom An 230 I22S inch 25 An0o* Angvod 5165 +115 *****8 unch Amaprop f\t&C 4550 unch 50 75 50 unch -15 BuHob 1850 7650 35 100 C G Sntfh
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    • 604 10 JULY 21 US$ Atcon Main 29 IH Alcoo 35 Ahf M 17* -I* ABad Sag 38* AM S*orat 47* 4* Am handi he tl* Am Can Co BOH 2* Am Cyonanad 72* Am Bac Pm 28* Am Ciipraai 59* Am 1 taw Mod 87* mdi Am Motor* Cp
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    • 621 10 Amsterdam lULT 21 Ik AM *01.00 -3 Kagan 101.00 -I J AM W OO Ak» 157 JO -32 AkanM ***** +02 AMEV «4 20 +4.5 Aim Bank ***** -IJ A« Stad 120.20 -37 Mul 166 JO 125 .7 Bor—wj 104.10 -774.1 TiWo4 213.30 -3 C4» 212.00 -454 BMito
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    • 82 10 Reuter FORD MOTOR CO of America is to acquire a big minority stake la Italy's state-owned Alfa Romeo Spa nader aa outline agreement drawn up by the two car rnmpsrim^^ the accord, which took two months to negotiate, was subject to approval from Alfa's
      Reuter  -  82 words
  • Page 10 Advertisements

  • ASIAN STOCKS
    • 367 11 HONGKONG: Share prices closed firmer in brisk trading yesterday, as strong local buying withstood a midday round of profit-taking. The Hang Seng Index rose 13.80 points to 1,791.53 after gaining nearly 20 points late in the morning session. The Hongkong Index rose 8.06 points to 1,118.39. Turnover surged to
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    • 228 11 JULY 22 T >0 01 Kuochan Da* Laa Chang Yuan 22.30 33.30 +0.3 +0.2 26 30 ■0.1 Lian Hwo Indus 12.80 -0 25 31 20 +02 Nan Ya Ptas 38 20 -0 1 Chang Hwo Bank 4380 +0.) ■02 Not Invastmant 381 80 1 On hin Canwnt Chin Mn
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    • 357 11 TOKYO: Prices closed higher yesterday in light trading on bargainhunting centred on domestic-ori- ented shares, following Monday's sharp falls. The market average rose 117.10 yen to 17,639.32 after dipping to 17,371.10 in morning trading, but was off the day's high of 17,723.73 marked in the afternoon. The average fell
      357 words
    • 69 11 JULY 22 VMM Mantoal Oriental B Ph4 OvflfMoi ""0.014 -0001 0017 +0001 Acoja M»«ng ***** imh 0.25 -001 Ap«x Mmj B 0.014 unch FScop B PLOT 151 -I San MMgimI B 67 3 ***** -0 0005 SMtront 0009 -0001 Banguat Con. B 71 -4 Sim* Darby 13.75 -025 QLJ
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    • 437 11 SYDNEY: Australian share markets closed barely steady yesterday in cautious trading, as demand among gold stocks offset investor nervousness ahead of this week's release of the June consumer price index and M 3 money supply data, brokers said. Near the close, the All Ordinaries Index was 1.4 points firmer
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    • 107 11 JULY 22 W«a Kangwori M Kjo Motor 1105 2059 +5 39 Qui Suqot I860 10 Koton M 2040 25 Pu«4m Ind Doawoo Corp Doowoo Htovy 690 1389 1400 15 +6* 9 Korea Lang Twro Lucky Ltd Onrfltol Bwvy 1550 1630 1470 70 +60 10 Dong All Phor 871 1490
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    • 133 11 Reuter BANGKOK: The Securities Exchange of Thailand Index improved 0.87 to 139.63. Turnover amounted to 476,421 shares valued at 79.7 million baht. Reuter JULY 22 MM 399 +4 JMII U«Utnl Ao Khom Thai *'ZZ?** Am Ftot Ayudhya bnwlmut.. 148 +3 ""r""7m7 oi Ban*ok Agro-tnd 35.75 +025 574 2 Bangkok
      Reuter  -  133 words
    • 54 11 Reuter WELLINGTON-BASED stockbroker Jarden and Co is seeking 10 per cent of New Zealand's largest retailer, Farmers Trading Co Ltd, for an unnamed buyer. The broker said it was seeking 15 million ordinary or specified preference shares at NZ$2.lO for ordinary shares and NZ$6
      Reuter  -  54 words
    • 550 11 Little change in underlying strength Reuter TOKYO SHARE prices are expected to shrug off Monday's record fall quickly and resume their upward inarch, according to fund managers and analysts. The market average fell a record 563.81 points, or 3.16 per cent, at
      Reuter  -  550 words
    • 163 11 Reuter WEST GERMANY'S Volkswagen AG is facing problems in China because of the sharp fall of the yuan against the mark and problems in selling cars, according to the deputygeneral manager of Shanghai Volkswagen Ltd (SV), Martin Posth. Volkswagen owned 50 per cent of SV with
      Reuter  -  163 words
  • Page 11 Advertisements
    • 461 11 <&[ 'Jl ft Variety. With Quaky. Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money. Only $14++ per adult and $B++ per child for a delightful meal. Or select your favourite dishes from our a la carte menu. 405 Havelock Road Singapore 0316 Tel
      461 words
    • 176 11 Frisco is the perfect choice for your business or informal lunches i 4 r Centrally located within Singapore's Barinrss District, Frisco serves'superb European miliar amidst a setting that exndes quiet elegance and comfort. Coupled with our unobtrusive yet impeccable service, you may be assured of a really satisfying experience* Drop
      176 words

  • BANKING AND FINANCE
    • 487 12 NYT THE AMERICAN hanking system, the heart of the nation's economy, is undergoing more wrenching changes than at any time since the Great Depression. Some of the most venerable names in hanking Continental Illinois, Seafirst and Girard Bank have been taken over either by government
      NYT  -  487 words
    • 115 12 Reuter THE QUANTITY of Krugerrands made available to the South African market has been limited to 6,000 ounces a week from Monday. International Gold Corp Ltd (Intergold), South Africa's gold coin marketing arm, said the very strong demand for Krugerrands in the
      Reuter  -  115 words
    • 76 12 Reuter THE COMBINED assets of Taiwan's offshore banking units (OBU) stood at US$5.9l billion at end-June, down from U556.55 billion in May but up from U555.26 billion in June ***** A central bank spokesman said the fall was due to rising sates of US dollars
      Reuter  -  76 words
    • 407 12  -  RAMESH CHANDIRAMANI SHOULD AUSTRALIA'S strong credit rating with Wall Street be downgraded by even a notch, it would adversely affect confidence and interest costs, says Dr Don Stammer, a senior partner and capital market strategist with Bain A Company. In the firm's latest
      407 words
    • 157 12 Reuter VENEZUELA has issued two new foreign exchange agreements which establish rules for private sector foreign debt payment and provision of preferential dollars, unifying the official rate at 7.5 bolivars per US dollar. Texts of the accords, published in the local press, complement
      Reuter  -  157 words
    • 175 12 Reuter THE AVERAGE daily spot turnover on the Australian foreign exchange market roae to a record AH3.36 billion a day in May from A 512.39 billion in April and AJS M billion a year earlier. The Reserve R»»* the previous peak was
      Reuter  -  175 words
    • 1041 12 Reuter BINQAPORE THE US dollar yesterday closed slightly higher against most major currencies, after fluctuating within a narrow range on local shortcovering and some European selling, in thin trading throughout, dealers said. They said most operators were cautious ahead of the release yesterday of US second quarter gross
      Reuter  -  1,041 words
    • Article, Illustration
      341 12 Asian market ASIAN DOLLAR deposit rates yesterday cloaed steady at openiag levels in quiet tradtag, dealers said. They said news the US Federal Reserve added temporary reserves via USS2 bOUoa la customer repurchase agreement* had little impact on the market Overnight, week fixed aad period ratee from one to nine
      341 words
    • 180 12 inTerDonK, ran is of 3pm yest ci rdoy: aw Mv mm p«My Locol Mm to mm mm* of ftnifi CWMCf US dolor St«ing pound Australian dolor NZ dolor Conodkm dolor 2.1835 3 2566 1 3919 1.1790 1 5839 2.1845 3.2603 1.3948 1.1829 1.5858 2.8196 7.3469 3.4286 3.4286 *****
      180 words
    • 413 12 BA Futures EURODOLLAR futures market was extremely quiet yesterday as there was a lack of dealing interest la view of the release of US second quarter GNP figure last night and Federal Reserve chairmaa Paul V«icker*s mid-year testimony before the Congress dayAfter opening slightly lower thaa previous close at
      BA Futures  -  413 words
    • 199 12 HONGKONG: GOLD yesterday closed toner under preaure from late selling by European It finished at USI3SUI/7B an ounce after opening at USS364JS/«5. On the local market the metal dosed at HKS3J7I a tael. The Krugerrand closed HKJS toner than its finWi here on Monday at HKSZ.7S. Maple Leaf lost
      199 words
    • 41 12 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-3/8 per cent yesterday, op 5/8 point from Monday's close. The one-moath term rate fell by l/t* point, while the two- and three month rates Ml 1/1« point
      41 words
  • Page 12 Advertisements
    • 197 12 NOTICE IS HEREBY GIVEN that pursuant to 8«ctlon 308 of the Companies Act, Chapter 186, the final meeting of the members of the Company will be held at 1 Colombo Court #04-15 Singapore 0617 on Monday, the 25th day of August 1066 at 2 p.m. for the following purposes: 1.
      197 words
    • 246 12 CAP. ISB (IN VOLDNTAIT LIQUIDATION) At an extraordinary general meeting of the company held at 30 Bldeford Road, #05-00 Thongsla Building, S pore 0022 on 18th July 1986 the following Special Resolutions were duly passed:1. That the company be wound up voluntarily pursuant to Section 290(1 Kb) of the Companies
      246 words
    • 219 12 IN IB MATTES OT TUB COMPANIES ACT. CAP. 11l JJLB. TMJk| Pte LM (DIVOUJNTAIT LIQUIDATION) At an Extraordinary General Meeting of the above Company duly convened and held at 506 North Bridge Road *14-06, Blanco Court, Singapore 0718 on Friday, 18th July 1086, the following special resolution was passed:"That J.M.B.
      219 words
    • 297 12 !PP L PTE. LTD. (MV I I Ij ll| II i At an Extraordinary General Meeting of the Company held at 96, Tannery Lane, #04-10, Slndo Building, Singapore 1334 on Thursday, 17th July 1986 at 10.30 a.m. the following Special Resolutions were duly passed:That the Company be wound up voluntarily
      297 words
    • 160 12 T 1 ■i.'li:- TT7T PTE lIS p voluntary uounvmi NOTICE 6 HEREBY GIVEN, pursuant to Section 300(2) of toe Companies Act Cap 186 tat toe Final Meebng of toe abovenamed company Ml be held at 36 Robinson Road. M 6-01 City House. Singapote 0106 on Monday 25 August 1906 at
      160 words
    • 149 12 MAHONA TfUDMG PTE LTD i\»n i NOTICE 6 HEREBY OVEN, puraiant to Secion 300(2) of toe Companes Ad Cap <6 toattoe fin* Meeting of tw tomnd d be M 3S Ftotanaon Road. 106-01 CMy House, Sngvon 0106 on Monday 25August 1986 at 1045 a m tor tw tofcmmg purpose:"To mmm
      149 words
    • 151 12 P MUMMY UaWMTONj NOTICE 6 HEREBY OVEN, pursuant to Sadon 300(2) of «M Companns Act Cap 165 Vat toe Final Maalng of toe abownamad company wi fee naid 36 RoNnaon Road, #05-01 CHy Hohm. Shppw 01Q6 OR Mond*2s toguat 1606 at 1115 a m tor toe Mtowtog purpoaa Tb raceiw
      151 words
    • 121 12 NOTICE NOTICE IS HEREBY GIVEN that, I Chan Yuan Kai of Blk 7, #02-90, Ttong Bahru Road Singapore 0316, have applied for a Retail Liquor Shop licence in respect of premises at m/s Yuan Wah Accupuncture Centre at Blk. 541, Jurong West St. 42, #01-1046, Singapore 2264, and that this
      121 words
    • 31 12 S$ lnt«rbonk rotes ot 7pm y—tidoy. OHm M Ovarn** 3 3/» 3 1/4 1-monih 4 3/8 4 1/4 2-monMi 4 3/» 4 1/4 3**ton#» 4 3/t 4 1/4 mod*: 3 3/8
      31 words

  • SHARE INFORMATION
    • 3997 13 A REASONABLY strong recovery during the afternoon session helped most shares pare their early losses on the Singapore stock exchange yesterday. A handful of lower-liner Malaysian issues such as Johan, Duta, TDM and MPHB came in for speculative attention and scored moderate gains. Most
      3,997 words
    • 237 13 SINGAPORE Riaaa IM ■oaa PAN 735 M 8MMMM *15 C 1 H H *0 AmI S*MTS0« 93 MM HUf> SO( 44 Falls C PimiHIm 360 0 CTC 690 S P M 775 S S 210 Sh NM OM ito StMltTwJbg 275 PhaMhi 233 H tmm F» 228
      237 words
    • 2906 13 BID mad otter price* officially listed and business ia reported to the Stock Rntenp of Stagapore yesterday with the —iiih«r gf shares traded shown la brackets ta lots of 1,010 uaits Time Settlement Contracts are quoted after the word "SETT". Bif Board deals (la lota
      2,906 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 263 14 Reuter SYDNEY-BASED CSR LTD is looking for investors to take up a 30 million share placement after the Superannuation Fund Investment Trust, SFTT, decided not to accept shares offered it, executive director Gene Herbert has said. The proposed 30 million share
      Reuter  -  263 words
    • 92 14 Reuter TRADING in the shares of San Miguel Brewery Ltd, a Hongkong subsidiary of the San Miguel Corp of the Philippines, was suspended yesterday, sparking off renewed takeover speculation, said securities analysts. San Miguel officials in Hongkong said yesterday they had requested the suspension on
      Reuter  -  92 words
    • 416 14 LATE BUYING on the Kuala Lumpur stock market stemmed an early selltag tide and share prices recovered partially to close mixed yesterday. It initially appeared that the market was heading for another day of loans. This was prevented by late buying
      416 words
    • 1010 14 Reuter LONDON EQUITIES yesterday opened mixed but with a firmer bias in relatively low turnover after Monday's declines. At 9.30 am, the FTSE 100 Index was 5.9 points up at 1,566.1. On Monday, The FT 30 Index plunged 19.1 points to close at 1,276.3, while the FTSE Index
      Reuter  -  1,010 words
    • 528 14 Group expects to tender for engineering and construction project soon THE NEWLY-FORMED consortium, comprising Malaysia Mining Corporation, Promet Bhd and Pernas Construction Sdn Bhd, has set its sight on a MIIOO million engineering and construction-based tender expected to be called soon. The three companies signed a
      528 words
    • 324 14 NST PROMET BHD, which suffered a Ms 92 million loss last year, expects to steer back onto the path of profitability, its managing director and chief executive, Brian Chang, has said. He cited the duty-free status awarded recently to the Langkawi
      NST  -  324 words
    • 254 14 Monogtrs' pficn for Jufr 23 tingipow Unit Trust The Commerce 0.82 0 88 The Sovmgs Fund 074 0 80 S'pore Prog Fund 0 34 0.37 S'por* Sec Fund 0.59 064 S pore invest Fund 0 55 060* S'pore Equrty Fund 0 41 0 45 Aalm Unit Trust Mai
      254 words
    • 110 14 HONGKONG Hongkong Index Tuesday 1118.39 Monday 1110.33 Week ago 1101.51 All Industrials Tuesday 1807.6 Monday 1805.3 Week ogo 1794.6 NEW YORK nong bong Tuesday Monday Week ogo index 1791.53 1777.73 1764.13 Dow Jan* Monday Friday Week ago K 1779.11 1777 98 1793 45 TOKYO Nikkei Aver ogo Tuesday
      110 words
    • 2127 14 BID aad offer prices officially listed aad burioca la aad reported to the Kuala Lumpur Stock Exchange yesterday, with the number ot «hare» traded shown la brackets ta lots oft 1,000 units unless otherwise ■OUSTRMLS Acme (1406) xd Ajmomoto (2906 310S) AMD (2966) (2) 300
      2,127 words
    • 110 14 PIMA METAL BOX Berhad: 11th AGM at the PJ Hilton Hotel, J&lan Barat, ***** Petaling Jaya, Selangor, today at 9.30am. METBO HOLDINGS U» I tod: 13th AGM at 65 Chulia Street, #19-00 OCBC Centre, Singapore 0104, on Friday, July 25, at noon. TBANSMABCO Limited: AGM at 65 Chulia
      110 words
    • 700 14 Current E> dot* Seeks dose Date Llpuyoute Total for rite year Total for last year Acuta 4%TRb> Jun 19 Jun 26 Jul 30 4%TE 5% Alex Hldgs 5% Sep 5 Sep 12 Sep 26 5% 6% Stmbowong 30%(i) Jul 24 Jul 31 Aug 22 30%(j) 20% Batu Kawon
      700 words
    • 799 15  -  By LORETTA McLAUGHLAN WITH TIME RUNNING OUT on United Industrial Corporation's takeover bid for Intraco, the board of Intraco has repeated its recommendation to reject the offer of a one-for-one share swop or a cash alternative of $1.70 a share. "No new facts have
      799 words
    • 246 15 the stock exchange of Singapore has taken a keen interest in the sale by Malayan Tin Printing of a block of 7.148 million shares in Van der Horst Ltd recently. The Exchange has asked MTP to give more information pertaining
      246 words
    • 299 15 CASH-STRAPPED and debt-laden Jacks International Ltd, the engineering and manufacturing arm of Malaysian-based Johan group, has made a modest windfall gain in its Australian investment. Jacks said its whollyowned subsidiary, Technical Trading and Building Supplies Pte Ltd, has accepted a takeover offer for its
      299 words
    • 151 15 THE STOCK Exchange of Singapore has asked Hong Fok Corporation to furnish the Exchange with an announcement as soon as negotiations with the lending syndicate to reschedule a loan made to its subsidiary, Hong Fok Land Pte Ltd, have been finalised. Hong Fok
      151 words
    • 125 15 CYCLE CARRIAGE Bfartaag BM, an associate of Cycle A Carriage Ltd, has appointed Mr Thomas Chua Boon Lee as a director of the company from July IS. Mr Chua was recently appointed the group chief executive officer of the Cycle A Carriage group. His new appointment in Cycle
      125 words
    • 499 15 LAST FULL YEAR Company Period Dote announced last year Year ending Net EPS (cents) Gross div Net profit ($'000) S J A mat Lorut Tin Roxy El«ct H Leong Credit Everpeoce Corp Interim Interim Fmol Interim Interim Dec 19 Dec 31 Jan 18 M or 14 Mor 25
      499 words

  • Page 15 Advertisements
    • 1429 15 m U1 Bank of America NATIONAL TRUST AND SAVINGS ASSOCIATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (US Mlar UMUto la Assets Interest-earning deposits Investment securities Trading account assets Federal funds sold and securities purchased under resale agreements Loans (net of unearned income) Allowance for loan losses Net loans Other real estate
      1,429 words

  • 572 16 ADAPTING TO CHANGES in the economy will be one major factor shaping the Republic's education policy in coming years, according to Dr Tony Tan. The Minister for Education said at a forum at the Nanyang Technological Institute last night that most
    572 words
  • 514 16  -  The price: $7.6 million cash By AMY CHEOK FIRST BUILDING, one of the property assets of the collapsed Pan-Electric Industries group, has finally been sold to Sing Investments A Finance Ltd for $7.6 million cash. A spokesman for the smallish finance company said
    514 words
  • 269 16 FT EGYPT's oil revenues have dwindled to almost nothing at a time when the government appears at last to be facing up to the urgent need for an agreement with the IMF on balance-of-payments support. Oil industry sources say Egyptian exports
    FT  -  269 words
  • 142 16 SINGAPORE supports the view that it is time (or the British government to impose significant economic sanctions against South Africa because no progress has been made in dismantling apartheid, the Government said in a statement yesterday. The Republic does not think, however, that
    142 words
  • 414 16  -  By BRIAN GOMEZ LOWER PRICES for nonoil primary commodity exports resulted in cumulative revenue losses totalling US$l5.3 billion for the six Asean countries during the four years from 1961 to 1964. Losses were expected to mount further in 1965 and 1966. Their cumulative
    414 words
  • 135 16 THE INTERNATIONAL Rubber Agreement could follow the fate of the now defunct International Tin Agreement if producer countries push up the intervention price to an unrealistically high level. Mr Van Rhijn, a deputy director general with the European Community (EC) Commission,
    135 words
  • 317 16 UPI JAPANESE Prime Minister Yasuhiro Nakasone carried out a sweeping Cabinet reshuffle yesterday, replacing all but one member and naming three top political rivals to important government and ruling party posts. Chief Cabinet Secretary Masaharu Gotoda, the only one in the 21-member Cabinet who
    UPI  -  317 words
  • 74 16 Reuter COMEX GOLD futures weakened in early trading yesterday on profit-taking but concerns over the US financial sector limited losses. A steady dollar in forex trading and lower pre-opening calls for energy futures at the New York Mercantile Exchange undermined dollar sentiment Comex silver futures eased
    Reuter  -  74 words
  • 60 16 Reuter WALL STREET stocks advanced after standing mixed early yesterday, as the US government's second quarter GNP„ apparently was viewed as leaving room for a further round of interest rate cuts. The Dow Jones Industrial Average was up 11 points to 1790. Advances edged declines by a
    Reuter  -  60 words
  • LATE FILE
    • 38 16 UPI SYRIA has accused Morocco's King Hassan n of treason and ordered the Moroccan ambassador out of Damascus because of Israeli Prime Minister Shimon Peres's visit to Morocco, staterun Damascus radio said yesterday. UPI
      UPI  -  38 words
    • 42 16 Reuter TAMIL guerillas in Sri Lanka yesterday set off a powerful landmine on the road near Vavuniya town, 225 km north of Colombo, blowing a bus to "smithereens", killing 29 people and wounding 25 others. Reuter
      Reuter  -  42 words
    • 48 16 AP SOUTH KOREA'S foreign debts are expected to total U5547.36 billion at the end of this year, up USfIOO million from last year. Deputy Prime Minister Kim MahnJe yesterday said this would compare with an increase of US$3.6 billion in 1985. AP
      AP  -  48 words
    • 54 16 Reuter DEFENCE MINISTER Juan Ponce Enrile yesterday told a meeting of advertising executives that Marcos was ready to hand him the reins of government when he and military chief Fidel Ramos led a military revolt. But he said he decided to hand over power to Mrs
      Reuter  -  54 words
    • 51 16 UPI NEW ZEALAND solicitorgeneral Paul Neaxor, in London for an official government business, has signed an order blocking further prosecution of two French secret service agents Jailed in the bombing of a Greenpeace protest vessel, paving the way for their transfer into French custody.
      UPI  -  51 words
    • 47 16 AP TWO-WAY trade between Japan and China in the Jan-uary-June period of this year declined by 18.5 per cent from the same period of 1965, largely because of China's recent import controls on consumer goods, the semigovernmental Japan External Trade Organisation said yesterday. AP
      AP  -  47 words
    • 66 16 Reuter CHINA will this week stage its first independent large-sole trade show in the Soviet Union since 1963. The exhibition, organised by the China Council for the Promotion of International Trade, will be held in Moscow from July 25 to August 10. In
      Reuter  -  66 words
  • Page 16 Advertisements
    • 435 16 IMPORTANT BRITISH COMPANY SEEKS EXCLUSIVE DISTRIBUTOR Important British group of companies seeks substantial Singapore company as an exclusive distributor. This is an excellent opportunity for a company in Singapore to obtain a distributorship for a range of products with excellent marketing potential, giving substantial, immediate return on investment. Our group
      435 words
    • 135 16 India won't pay, Game* panel told, Pago 5 Where can yon enjoy two meals for tlie price of one? 1 k X* V\ Try our NEW EXTENDED MENU atMeisan Incredible? But it's true! Each time you have lunch or dinner at Meisan. you stand the chance to win a FREE
      135 words
  • Page 16 Miscellaneous
    • 53 16 QMMHa Outlook for today: Showers over several aroas in the afternoon. Report for 24 hours prior to 7.30pm on July 22 ot the airport: Maximum temperature 32.7 Associated humidity 61 Minimum temperature 25.6 Associated humidity 83 Hours of sunshine 8.30 Romfoll in millimetres 7.6 Romfoll this month 39.4 Roiny days
      53 words

  • SHIPPING TIMES
    • 617 17  -  By LINDA CHEE AFTER AN ABSENCE of six years, Central Gulf Lines is returning to South-east Asia next month with a new United States Gulf/Atlantic service tailored to the needs of rubber shippers. Tne US-based carrier will be providing Singapore, Malaysia, Indonesia
      617 words
    • 296 17  -  By G DURAIRAJ KAWASAKI KISEN KaLsha, or "K" Line, has appointed Harper Wira as its new agents for Malaysia, with effect from July 20. The Japanese line terminated its contract with Kontena Naskmal after almost 12 years of representation, and
      296 words
    • 110 17  -  ■f Kingsley Wood AUSTRALIA IS reviewing its marine cargo liability regulations because some aspects of the existing laws no longer apply. The Ministry of Transport is seeking industry views on whether two amendments to The Hague Rules would be adopted. It also wants the industry's
      110 words
    • PORTSIDES
      • 85 17 EXAMINATIONS conducted by the Singapore Marine Department for Classes 3,4 and 5 certificates of competency for marine engineers for the period Aug 1 1966 to July 31, 1967 will be held as follows: Class 3 Nov 18 and June 17; Class 4 Part A: Nov 10
        85 words
      • 72 17 THE THE PANAMA Canal Commission has announced it will not increase tolls for fiscal year 1968. At the latest meeting two weeks ago, it decided that the canal agency has projected sufficient revenue to operate for the fiscal year starting Oct ***** and ending Sept
        72 words
      • 59 17 Reuter CONFERENCE lines covering trade between Europe and the Far East announced a revised currency adjustment factor from Japan of 52.50 against 48.00 previously, applicable from July 25. The conferences involved are Far Eastern Freight Conference, Europe/Japan and Japan/Europe Freight Conferences, Hongkong/Europe Freight Conference, Philippines/Europe
        Reuter  -  59 words
    • 1322 18 INCREASED iron ore and coal chartering offset slackness in the grain sector on the London shipping freights market on Monday, but there was no solid evidence of any change in rate direction. Coal fixing stemmed from Australia, the European continent, the United States and Colombia, while iron ore
      1,322 words
    • 1004 18 The International Group off P I Clubs has appointed a sub-commit-tee to study the drafft revision off the 1910 Salvage Convention. Meanwhile, the Gard P I Club in Norway has examined some off the effects that the convention, when in force, will have
      Fairplay  -  1,004 words
    • 209 18 Bernama THE MARINE Department in Sarawak has given the owners of the log carrier Cam way, which sank in Sungai Sarawak estuary some four kilometres from Kuching port, a two-week deadline to salvage the vessel. Department director Captain Teo Choo
      Bernama  -  209 words
    • 259 18 Lloyd's List THE IMPORTANCE of fresh vegetables in the diet of seamen is being acknowledged with the introduction of new equipment in Japan designed for growing a variety of vegetables on board. The Ocean All Weather Sprouter is claimed to be capable of raising
      Lloyd's List  -  259 words
    • 892 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bolt-Canada Line
      892 words
    • 255 18  -  Kingsley Wood CALTEX-operated tanker Arthur Phillip remains stranded In Sydney by a 1_ A t 1 ,ft M ,..l n -J|L last minute cospute wttn the officers Merchant Service Guild. Maritime unions have refused to sail the rtiip to Singapore for
      255 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" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping AMU) (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 175 19 AFP DEMAND FOR tanker tonnage will increase by 28 per cent over the next five years compared with 1985, reflecting the low level of oil prices, Londonbased analysts Drewry Shipping Consultants predicted in their latest review. The rise in demand will
      AFP  -  175 words
    • 389 19 Reuter NORBEC, SAUDI Arabia's state-owned oil trading company, may have chartered at least six very large crude carriers. VLCCs, late last week, brokers said. The six VLCCs are believed to have been fixed on a spot basis for end-July lifting from the
      Reuter  -  389 words
    • 236 19 AP IRAN HAS bought two Norwegian supertankers to boost its shuttle fleet that takes oil from the Kharg Island terminal to Sirri Island, a published report said on Monday. The Middle East Economic Survey, a weekly published in Nicosia, said the state-run
      AP  -  236 words
    • 787 19 AFP SUMMER LETHARGY kept activity to a minimum over the past week on the dry cargo market, but it was hoped that the recent steady decline in freight rates had bottomed out. The Baltic Exchange Freight Futures Index (Biffex) regained three of the 15 points lost this month
      AFP  -  787 words
    • 116 19 HAPAG-LLOTD has signed a long-term lease with the Maryland Port Administration which raises the total amount of cargo committed to Baltimore to more than one millkm tons a year. Under the arrangement, Hapag-Lloyd has agreed to make at least 50 vessel calls at Baltimore
      116 words
    • 4993 24 aiiß 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
      4,993 words
    • 693 25 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Voy date/time Operator cargo schedule Location Mercator G Petrenko New Gertstars E Oasis B Melor Nioga 21 Sea Hawk Family Ace Liverpool B A Virginia Jenfree Johore Br E Going Nioga 30 Harvester
      693 words
    • 459 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Atlas KI6 Borneo alongside 23.7/1500 Bright Faith KIO NTYSS alongside 23.7/1100 Hati Baik K27 Kie Gwon alongside 23.7/0600 Kobe Moru K20 NTYSS alongside 23.7/1500 Kota Wiromo K3I PIL alongside 23.7/0600 Marine Blue K17 Borneo alongside 23.7/0600 Monte Paloma K20 NTYSS alongside
      459 words
  • Page 17 Advertisements
    • 719 17 !=-_@;[-'{*&`~!($?{%>}}@]]&!+}$ OOCL OI^OW^MMmnUNI iTRSITS F*PRtSS SFRVICf MMN SWTWC AfiENCK (tog Hi. *****4/ <**) 70 ShMton War #04-03 ManM Hem Swfapere 0207 Id *****11 TELEX NO RS ***** CFS OFFICE TFC #03-029 TO *****31 aM 2220(32 Terminal Met IK #***** W *****90/*****93/*****01 Tu"?I»7»/ 71»3?V71«9?02 Trie. Mi MA***** PENMIG TU *****4 TELEX
      719 words
    • 47 17 THE COMITE Maritime International (CMI) has been considering the revision of the 1910 Salvoge Convention. NORBEC, SAUDI Arabia's state-owned oil trading company, may have chartered at least six very large crude carriers, VLCCs. Index to advertisers London freights Weekly freights Shipping schedules Container schedules Ships in port
      47 words
    • 509 17 a t* I THE HEART OF THE :T *4 MAERSK LINE /TiiiiAi ryit SINGAPORE/ANTWERP SINGAPORE/ROTTERDAM SIWGAPORE/BREMERHAVEN ■INGAPORE/HAMBUR^^M 17 DAY) 18 DAY) P«nang I Vhml Voy S*pora arjoi V* M U/I 14a 21/1 10/1 31,1 34/1 4/1 M M M 11/1 13/1 13/1 13/1 u/i 20/1 a/i a/i a/1 27/1 21/1
      509 words

  • Page 18 Advertisements
    • 187 18 ■> i. YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES North WMI at Kao HJBWCSa 13 ■mnaniXMPMCMirTMUMLMI I Mll'ißtPaiM FTTM F7TM fTTM K7TM FT» 11TMFTTM ■Lib Til I .ILL. MIDDLE EAST Full Container Service (A member of Oasis Consortium) tr n i/i. TRANS SIBERIAN SERVICE Weekly Container Service PAN ASIA LINE, LTD wratLY INBOUND
      187 words
    • 132 18 ii.-K. 1 Supercarrier Service TO: PANAMA W\.Sf7k n 1/1 a/i v* 7/1 11/1 11/1 i«/l m/i )-i2/i iv> i/i ii/i 21/1 a/f 27/ i a/i a/i vw 25-a/l 1/1 a/1 Vll vil 1/M 14/11 U/M IVM a/M a_ rn MQI 17/ m a/11 a/n a/u 3d!_ _kii Gearbulk From NEW
      132 words

  • Page 19 Advertisements
    • 674 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OGL Overseas Containers Limited ICOWAINLRSHIP SfRVICF TO UK CONTINENT STRAITS SHPPMG Bnmei Ports and Bangkok rpn PJtMf riM HW| n-mVim L« Hi kMM/7 11/1 13/1 IV> 11/ l Wt nn an wt wt wt 21/1 wt wt wt s/i ivi n/t
      674 words
    • 452 19 Franco Belgian Services <¥ MFMBFR OF ACE CONSORIIUV CHARGEURS REUNIS f.'-.' r.v;>ii SNflzr Optorg Shipping Pte. Ltd lEL M A Anglo-French Shipping TO USA/CANADA WEEKLY FULL CONTAINER SERVICE ir?T7?iTTir^TTmrTTTBniMrTM P. FUMOK *229 19/7 s HBRHinn 1U p. Hcxnrr *192 29/7 20/« IM 27/1 27/1 29/9 29/9 LULU BJUI MJIM MSIM
      452 words

  • Page 20 Advertisements
    • 235 20 Hapag-Lloyd 10 coniinent. Uk EXPORTS rpm LrawiAM 29/7 31/7 2/4 25/4 14/4 (mm Nto| Mmi Bmm i'Np 11/9 3/9 7/9 31/1 19/9 13/9 FROM N CONTINENT &UK IMPORTS Agents SEGANI *****66 I. Unpv *****25/6/1, *****19, 73X341 *****71 P. Mm| *****11 ***** M CFS *****50 *****44 hH| *****7,*****2 />" *****33 *****3
      235 words
    • 575 20 C R TOKYO Ml C« fttß 6N 18/8 19/8 20/1 23/1 26/8 25/1 rut 271t 30/8 2/9 1/9 2/9 3/4 0/9 9/9 1/9 9/9 10/9 13/9 U/9 fROM f JROPE VIA SUt Z A Mpn,b ol ,hp •m/MOIMD cssa CV KWO 6* NIC SK/UH4K OCH 491/TfT 2C KJI 34C/KWS ME
      575 words
    • 261 20 OL Hai Sun Hup Co (Pte) Itd TEL 2204y06 (20 Ltnesi TLX RS ***** RS ***** t I ASM k\ \K I IM R. Ill) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS Leaden at nipaphilad BarHi P4-P5 NOTE: ALSO CAUMG OTWR JAPANESE PORTS, HONGKONG. TAIWAN A CHRESE PORTS, SUBJECT MDUCOOT
      261 words
    • 1222 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USFC/pijrq/FE) no gone no una nil an Ml GOXB9 exr cum no IMUNE m eooos ALSO ACCEFTV9E I 1) WOP, mSBm 2) ITUNT*. CI ms at as rm m no t*n nn an 31/7 i/i vt m i/i 12/1 IJ/I iv» 14/1 19/9
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  • Page 21 Advertisements
    • 692 21 IT 1 rTMlll___ v\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA MNOA MAJAPAMTT QOWA SIN JKT MY SIN MTT 88/7 1/8 lost rut wa 17/t 21/t 28/8 2S/8 28/8 •TCH TAICHUNO 'IBUR HKO KAO *TCH KEE MM 'ttm
      692 words
    • 623 21 BENLINE CONTAINERS DOWSS COHTMO SERVICE TO UK/CORTHENT TMa Eiprtu Um Mara UM**M by Ci?. v ivi KkJJEBSEN LINE fc. NEW ZF AL AND TO NEW ZEALAND, PAFIA NEW SOMA FIN AND SOOTN Mane ISLANDS EE] Novmu Sra Aack/TM> IMp* 70/1 M/ 0 20/1 30 8 kowloom oor v7V4tt cosem tmnmca
      623 words
    • 421 21 ll u 11 m EXPRESS SEMI CONTAINERSHIP SERVICE SIN6APORE TO EUROPE a/i mi 1-3/1 I 24/1 77/1 tWM s X DJAKARTA LLOYD INDONESIAN NATIONAL LINf kMU M/l 27/1 n/t a/9 a/u a/M a/u 12/ M IVU 14/11 M/ll ALSO ACCIPTIK BOTH CONTAMERS, CONVENTIONAL CARGO MA T/S TO IK PORTS, HULL,
      421 words
    • 293 21 BOUSTEAD SHIPPING AGENCIES m PMO *13 (OWwtoO*) TMRK 6TH VMM PAGAN VIIIV PA-M IM BURMA FIVE STAR (Bunmsc National Lint) Load* tar Ranfttn S>mt PJWMI Nmi I 29/31 M 31/31 M 3/5 taf 1/2 M» 1/11 15/17 *1 12/14 ft* BANK LINE NCMTMOUM) TO UKC VOK ADAM MM MBS SSliSfiSsJsJßx
      293 words

  • Page 22 Advertisements
    • 1350 22 ft K LINE USA CANADA ATLANTIC COAST (Round Th« World Sorvfco) KAWASAKI KISEN KAISHA, LTD. It CORAL K N. JME V 3 0. IMS TO V2C 0. KMKHT ¥21 STORE n u Aug 10 tag 5 Sep IS Aug 11 Sep 29 Aug 22 Sep CNLS 2 Sep 17 Sep
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    • 547 22 AUSTRALIA EXPRESS CONTNNER SERVICE Accepting FCL/FCL CwMnwi Fccdtf P Um| law Vcud S port IMb Frte Sy* Mss Acc«tt ESTECirPERVS 3 Ami RAMDAS V? 4 10 Amc »*ic 3 Sept 1 Sept AM/Brn CAIABAR V 27 17 fc* CHANDOAS ¥21 S«pt 17 Scp( 26 Scpl 24 S*tA*l/Bm ESTECLOPER V 1
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    • 564 22 teTCi GOLDEN LINE Wa £> GUAM GUM SMPmS (PTE) LTD 23, IM tym Shaat II murm «m m uum uo imd STRAITS/PERSIAN GULF SERVICE: eOLOOI MM Coto«l)o Ajrjct* Ifcni Qatoos 2»/» Mr Dubft f (aw KM CoWrto UfKhi Onto/Him«l IVII »m CHMA OCEAN SNPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF
      564 words
    • 371 22 PHILITRON SHIPPING AGENCIES PTE LTD TF I *****22 (8 LINES) TELEX RS ***** PHILI I a/7. 2/1 wt u/i a/i 17/7, a/7 a/7 t :j,H[ J L3„q-U —ii' PTE LTD (SUM*) <11 II" mm *11 lON, F'STOVt, S TOW. TUURY. AKRDEEN li HVE, WBURG. RUAM GENOA. LA. SFO, nr. SEATTLE,
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  • Page 23 Advertisements
    • 777 23 NEPTUC MEMOES PTE LID. R CM/BST ItMB iotm Cts roorrb ztwv vtsm nwu *****22 *****53 M MKT LIB *****19 27*111 NEPTUNE ORIENT LINES LTD t* er**ies. ptoiM cjl *****44 KFUNE ON. BHD. 3M9W7/3MK4S/S6BMM/38W42C NEPIH SOU M>. *****71/*****34/*****35 NEPUNE SOU MD. 6155W/62M35/C27C48/C271C1/C27W2 FAR -EAST/EUROPE FULLY CONTAINERISED SERVICE a m <x to.
      777 words
    • 334 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON DO* AM Hi I Ohm/MSN lb 7 Omm/MM lb J Obi/HW Ertara Om,/tOK (I lb. omm/M7N TM/COM (MANIA) Hi I Dmm/CMN 12/1 15/1 U/l 12/1 IS-It, 22/1 2S/I JO/I 2/> 1/9 Kikni a/un Ptto S/IJM I.
      334 words
    • 460 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Termini Office: *****41/2 Cable Address SMSOV SHGAPORE Tetei Numbers RS ***** RS ***** RS 2510S f KQJM6 KNMB M/S SHMKAT WW SOON SOIL 88. IST AND 2ND FLOOR. MESSRS HM THONG if
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    • 19 23 mm n 23/7 2«/7 SHBUSAM NEBHM ft IU. Cad Start. #11-* 9 M*| Vfrn MM I&: ZZ3MZ2 <7 Uw)
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  • Page 24 Advertisements
    • 303 24 RCL REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) VESSEL I "FnHWB nr^ IHi.TlflaflH THAILAND IMJ'm- 1 jinn 11T77T ICS rrm rrfim rri nn rn ml MALACCA STRAITS FEEDER SERVICE ma MEKLI TO PENANG/WEEXLY TO P-KELANG/FOtTWGHTIY ro mmm riin Rimn i 111 rw.'.'.l BFNGAI BAY CONTAINER FEEDER WEEKLY TO CALCUTTA/CHALNA/CHITTAGONG
      303 words
    • 153 24 IjJH TAMAN MARINE CO. PTE LTD. Jl BATAM DUMAI PEKAN BAKU REGULAR SERVICE VESSEL ETA ETD LOADING FOfl ENG TOO 95 In Port 24/7 BATAM NAStONAL JAYA 25/7 28/7 DUMAI/P. BARU NASK3NAL 30/7 2/8 DUMAI/P BAWU Am!wtAtmt KOH ft SONS SHIPPING PTE LTD IN Mm S*M #03-84 S*» Plua Swn
      153 words
    • 43 24 EAST ASIA LINE (Malaysian Flog) 9 2u a n--4 A'iH T DAIICHI CHUO KISEN KAISHA TOKYO Vend M.V. PHOEMX VIM S'pn PR Fraa 25 Mr 27 My WNUtYMM HA I SUN HLIP CO P I TP Snq.ip, rM s H Ml Sdn BhdiPctKPimq:
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  • Page 24 Miscellaneous
    • 172 24 m I Regional Weather I 3 WA is 35 5 sstt »«Xy k' LL I V LV SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 AM. THIS MORNING. •c a w Wmd direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature c Shower Weather Wmd direction with speed m
      172 words

  • Page 25 Advertisements
    • 274 25 JL. OCEAN MIDGE SHAPING PTY LTD, «(g)* FREMANTLE 1 REGULAR SAMJNQ TO nOUNTU m bei cam cn is/i rro n/t General Afents ImfcOV Shipping CO Pt« Ltd. Ul C*d 3M #1442. Cm! Cart. !>■* MM T* 22X273 Mh B ***** MOM rw U2 21/7/ M -u LIZENA PTE LTD T«fe
      274 words
    • 189 25 rag P. T. WASESA UNE WEEKLY SERVICE TO MKMU fa o~r JOO HMA SHTPMG (FIT) LTD., U. 415 CtMFOM) LME. #02 14 ounford conn L «43H7 TED C 3X71 JOflHWy LEONG SHEN SHIPPING (S) PTE. LTD. ETA ETD OESTPATBN NEW LM NO. 2 2S/7 31/7 KUCHME, SBU, SMKO HONG SOON
      189 words
    • 427 25 TAIWAN TO SM6APORE I ASEAN WRECT WEEKLY TO PORT KELANG/PENAN6 •AT ATTRACTIVE RATES* 6 SELATM V 6 SELATM M srai pjsuib raws n (/I l/l l«/« 13/1 IS/t 31 i J>v 3 tm r IV. MALAYSIA mi ir' ABLE TOUT OCEAN MR MARK CORP PTE LTD *****11 (5 LICS)/*****49 (Onct)
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  • Page 26 Advertisements
    • 410 26 VTT\ HNE-LMB SMPFMG PTE LTD TEL: *****52, *****92, *****92 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MDOLE EAST SERVICE 25/7. 29/7. 4/9 DUBAI. BMfIUUN, MUSCAT, DOHA, DAMMN, KUWAIT ABU DHABI HONGKONG/CMNA SERVICE 24/7, a/7. S/l BNGANG, HUMS, TIAMM, IHEKOU, SHANGHAI, GUANGZHOU, NHAMPOA 29/7, 4/1 BANGKOK 22/7,2C/7 MADRAS AUSTRALIA S/t SYD,
      410 words
    • 412 26 HEAP SENC TRADING I SHIPWI6 PTI LTD •001 BEACH ROAD #13-01 QOLOEN MLE TOWER SINGAPORE 0710 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO iwtr.it:. M.ai',>anKUimL.TU'. nnj m »/27 Mr vm Mr m/» Mr »Mr M Mr LiuUL! Hut MApii Ifwl MT« 9MN BM M T«t M4IWM4IMM anion*
      412 words
    • 538 26 1* C.Y. LINE (A Mambar Of Tha ACE Consortium) CHO YANG SHIPPING GO. LTD nil* CQNTNKMSD SMW 10 EIMK (<» SUEZ) ioc a ic* m a TOR TO (M MM fttmm Ntag k« lutmmp 11/1 12/1 14/1 IC/S 17/1 l»/» 11/1 11/1 21/1 23/1 2VI »/l 21/1 27/1 Wl 11/t
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    • 560 26 Everett Lines WOKES (Ct.K.) "PERUVIAN STATE UNE" loa*« tof Cjlio ttatwtn k and Pcroviw ports m» transtapacnt at fcofat •>9 On CPV Ikfo«(k bis ot Ixfcnf to IM fesfaaation y Pwaif* P hppn JOMMKTT K/27 M 1 MUMAYEKKTT 9/19 A* TMOMMPOm 22/23 A* Zf mean JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADMG
      560 words
    • 136 26 ZIM >>AHi BliUi *ii Z3/7/K I Wim m? TRKSTE ETA 2/1 n4ct Nrtk Mm ICL/TO. to d I EgggM fj'i I',? zL.t.,l 1 1 Ll l GOLD STAR LINE AbidjM/Npapa/Ucts/CitMN ama/Mwrwnflww 1 GOU) P. to/Pmb/Twm/lhH »»U/lw SJL VML Dwfca/PHabrih/ Mi D.LS and Moirima/Kaanpab/Jfaia Fa STAR SWPPMC AGENCES fSIPTELTD Morwo Homm
      136 words