The Business Times, 31 July 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, JULY 31, 1981 75 CENTS
    12 words
  • 619 1  -  Hong Leong Finance the likely seller, according to property circles By LEE HAN SHIH, property Correspondent AN UNNAMED COMPANY, believed to be Hong Leong Finance, is selling off a giant piece of land in Upper Buldt Timah, along with an approved plan to
    619 words
  • 360 1  -  Yiragflrammpi7 m&mrnmt By CHUANG PECK MING MR JB JEYARETNAM has rejected Prime Minister Lee Kuan Yew's offer to reconvene the Commission of Inquiry to look into his claims of executive interference in the Judiciary. The opposition Member said he was satisfied with what he considered
    360 words
  • 480 1 PARLIAMENT yesterday voted to condemn Mr JB Jeyaretnam for abasing his parliamentary privilege and damaging the administration of justice by making claims he could not substantiate. At the same, time, die House also decided to file a complaint against the opposition MP with the Committee
    480 words
  • 123 1 AP AMERICANS imparted US$l4.2 billion more than they exported in June, nearly an identical figure to that at the month before as the huge US trade deficit again showed no signs of raring The Commerce Department said in its report on merchandise
    AP  -  123 words
  • Article, Illustration
    48 1 MAKgyMCBB rwjejsr^ the BUefc^xch*a^^^Liigsp«re isizsrssrsss heavyweights sack as FAN, HA, BPH, OCBC and DBS were In ■tit dwaad tee. Aft fthe eleee, the Baslaess Tfa—s Ciapirttr lalwr rtui U» ■data Usher at «tt.fi, wtfU tha Straits Ttees Industrial Mil added tJl^prt^ftajjUMthrnday, wMe lasers edged gainers Sftedft.
    48 words
  • 435 1 JURONG TOWN CORPORATION will be given a freer hand to operate overseas as well as the right to grant loans to companies it has shares in, if a Bill presented to Parliament on Tuesday is passed. The Amendment 801 to the Jurong Town Corporation
    435 words
  • 120 1 UPI JAPAN has decided to lower interest rates on government loans provided to developing nations this autumn to help ease the impact of the yen's appreciation on borrowers. The Tokyo Shimbun newspaper said yesterday that the decision was in response to
    UPI  -  120 words
  • 655 1  -  Bl LORETTA McLAUGHLAN AILING MALAYA TIN Printing's eight-month-old proposal to buy an 18.42 per cent stake in specialist subcontractor group LAM has been aborted. MTP, which is racing against the clock to (annulate a financial plan to escape being wound
    655 words
  • Page 1 Advertisements
    • 111 1 Ultra It'll change the way you play. The right people. Come on in and meet the friendly team at Great Pacific. For savings and fixed deposits. For car, property, equipment purchase and business loans. Complete services at every branch. Head Office: The Octagon 105 Cecil Street Wnkln n n K
      111 words
    • 278 1 Optimism is in the air THERE IS ground for optimism that air talks starting today between officials of Singapore Airlines and JaKn Air Tin— will come to some form of agreement, t the Singapore negotiating team will have to work hard to convince the other party of the merits of
      278 words
    • 0 1 @?=>@(}_\+>!&@$]/*_~]&(!-'-^/>}
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    • 188 1 %,+`-@|*%:/_)-=(;?])>{>).!`[-!} That's iNCßedible! Latest nows from NCR Sing it Cold Storage adds NCR 1-9300 The Cold Storage trading and retail group is the latest leading Singapore business to recognise the proven advantages of NCR's 1-9300 SuperMini computer system. Cold Storage has added an 1-9300 to its computer facilities with the
      188 words

  • YESTERDAY IN PARLIAMENT
    • 529 2  -  By BOEY KIT YIN HUDC FLAT owners who have difficulty repaying their loans will be allowed three options extend their repayment period by up to five years; pay a lower monthly instalment for a period of six months; or stop monthly instalments for a
      529 words
    • 280 2 ALL CIVIL SERVANTS except for officers in five key services who were employed from April 1 this year would come under the full Central Provident Fund (CPF) scheme under a bill to amend the Pensions Act. The bill, which was
      280 words
    • 365 2  -  By LUCY NG COMPANIES and businessmen will have recourse to international arbitration under The Arbitration (Foreign Awards) Bill now before Parliament. The Bill, which was read for the first time on Tuesday, will allow an arbitral award made in Singapore to
      365 words
    • 455 2 MR J B JEYARETNAM yesterday cast doubts on the constitutionality of the positions of the current Chief Justice and Attor-ney-General and die transfer of (mmer district Judge Michael Khoo to the Attorney-General's chambers. The opposition member was giving his defence in a parliamentary
      455 words
    • 379 2 OPPOSITION MP Chiam See Tong yesterday said that a Commission of Inquiry —> to look into Mr Jeyaretnam's allegations that the Judiciary was influenced by the government should never have been set up as this contravened legislation governing Parliamentary procedure. "It is clearly
      379 words
  • HOME NEWS
    • 592 2 JOB PROSPECTS (or polytechnic graduates are still very good despite the recession, but some have to accept lower starting salaries, said Dr Tay Eng Soon yesterday. Citing the results of a survey by the Singapore Polytechnic, the Minister of State
      592 words
    • 248 2 HINDI MUSIC, champagne and (ewer stopovers will add to the list of Singapore Airlines services which, it is said, "other airlines talk about". Flights from Frankfurt to Singapore, which used to have several stops, now make only one stop, according to the
      248 words
    • 591 3  -  ns| By BOEY KIT YIN SUN TZU, Mao Zedong and Miyamotp Musashi have plenty to teach small enterprises, says an American management consultant and marketing expert. All of them adopt guerilla and warfare tactics to win battles. That does not mean the small enterprises should
      591 words
    • 105 3 (Chinese) Bjia a£*SPA3*?4 *ZK ffi «&»A^JfcT to.« &#****'hs! lasia $> *«*&> a**e*a i^*«»ĕe. a® *t# o 2M&-*S«# i& &mit -^IJ}£W£lE &i>zi&{i±wxr\F h #;ws*f&*nsjwjft ttiff? o "Wi®. in&mftxm* h* ttsw*fe*i:£* *«f*#i& #fIW &llT&igm*«£flr mm±u&•f&ifc "Hifc T ftiitffc ft&§*!»*; Mil* «alphas «««SJlOa+W -^i*H'ffrft££9lL' o *0r £11« fe(nto^«ies^wis *i«H+*J<>&£'h3!>£ >ik*»fl&T ttytmn ti eix
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    • 160 3 THE STRAITS TIMES Group of Newspapers will maintain its current advertisement rates for the second consecutive year. This was "to improve our competitive edge", said general manager Denis Thy. The annual review of advertisement rates for all the Group's newspapers conies up on
      160 words
    • 495 3  -  Westin Stamford, Plaza take cost-saving measure By GOH YEE LING FIVE RESTAURANTS are closed once a week as part of a cost-saving move by the two sister deluxe hotels at Raffles City, the Westin Stamford and the Westin Plaza. The two hotels have 15 food
      495 words
  • Page 2 Advertisements
    • 149 2 When you tone up your body, lose a little weight, get fitter, you feel a lot better. So now imagine how good you'll feel when you can do all of this, in one of Singapore's most luxurious fitness centres, for a 30% discount By joining now, you'll save 30% on
      149 words

  • Page 3 Advertisements
    • 117 3 COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn back on. It means appetising swiss-style veal for dinner. Or beef rendang, teppanyaki,
      117 words
    • 175 3 You can cut your OA 'f fS**' It's easy to knock dollars off your bills for IDD (International Direct Dialling). Just make your calls during off-peak hours and enjoy our Discount or Economy rates the cheaper and cheapest rates. For instance, a one-minute IDD call to New York costs only
      175 words

  • ASIA-PACIFIC
    • 403 4 Foreign capital outlay down 20pc in first half-year AP THE CONTRACT value for direct foreign investment in China fell by 20 per cent in the first six months of this year, but a government official denied on Wednesday any link to foreign scepticism about China's investment climate.
      AP  -  403 words
    • 345 4 Reuter AUSTRALIA'S opposition Liberal-National Party coalition has overtaken the Labour government in popularity far the first time in mare than a year, according an opinion poll issued yesterday. The latest Morgan Galhip poll was published with the government beset by economic problems and the
      Reuter  -  345 words
    • 304 4 Reuter SOUTH KOREA is expected to free some jailed dissidents next month under a compromise between the ruling and opposition parties, according to party officials. They quoted Roh TaeWoo, the chairman of the ruling Democratic Justice Party (DJP), as telling parliamentary opposition chief Lee
      Reuter  -  304 words
    • 173 4 AFP INDIA is to seal its border with Pakistan as part of the drive to curb separatist Sikh activities in Punjab. Officials in New Delhi said on Tuesday the government planned to declare the entire western border with Pakistan, from Kashmir to Gujarat
      AFP  -  173 words
    • 412 4 AP THAILAND'S Democrat Party, the biggest winner in last week's national elections, has named a fivemember committee to negotiate with other parties to form a new coalition government. Party spokeswoman Supatra Masdit said in Bangkok that the committee, led by
      AP  -  412 words
    • 774 4 Dpcfotor ARRIVALS Sarvic* Local Ftmi 5IA -UFT JA OA OA SIA GIA MAS MAS MAS SIA *C CPA MAS RBA OA SIA SIA SIA THAI MAS OA SIA SIA OA SIA SIA LUFT SIA SIA THAI MAS THAI CPA OA MAS MAS UTA SIA JAL SIA OA
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    • 156 4 AP THE GULF WAR has cost Iran and Iraq an estimated US$4l6 billion in military expenditure as well as lost oil revenues and industrial output until the end of 1965, according to the Middle East Economic Survey. The weekly quoted a study
      AP  -  156 words
  • Page 4 Advertisements
    • 161 4 THE \m I s I V 0 K K The most breathtaking \iews in Asia, from the Westin Stamford, tin* tallest hotel in the worle Plus the widest seleetion of restaurants an\ where in Singapore. Six superb tennis courts and tour air-conditioned squash courts. Iwo swimming pools, plus a comprehensive
      161 words
    • 158 4 International Conferences for the ics Industries in ASIA 21-24 October 1986 World Trade Centre Singapore teaming: Powtr Convinlon and InduMol ConW 22 23 October Trad* and >ii««liiiw< Opportunt»i in tman. F®C and Ma 21 22 October Alio featuring: Tutor** an Foctory Comrmocatior* and Development of VLS-Ba»d Products 21 October HnTech
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  • REST OF THE WORLD
    • 337 5 AFP BRITISH Foreign Secretary Sir Geoffrey Howe has warned that "further measures" against South Africa are likely but he opposes "punitive sanctions", after his latest peace mission on behalf of the European Community ended in apparent failure. In an interview on South
      AFP  -  337 words
    • 267 5 AP THE WHITE HOUSE said on Tuesday a new textile agreement with South Africa was designed to protect American manufacturers. The agreement stipulates that imports of South African textiles cannot increase yearly by more than 4 per cent. In a statement, White House
      AP  -  267 words
    • 205 5 AP THE PRESIDENTS of South America's two largest and most indebted countries, Jose Saraey of Brazil and Raul Alfonsin of Argentina, have signed an economic accord considered a first step towards a regional common market. The accord deals with the exchange of capital
      AP  -  205 words
    • 77 5 Reuter THE SWISS-BASED Nestle company will have to surrender its stocks in one of its subsidiaries to Peruvians, the government has announced. An Economy Ministry decree, signed by President Alan Garcia, said the government had adopted the measure because Nestle currently held a monopoly
      Reuter  -  77 words
    • 414 5 UPI US FEDERAL RESERVE Board chairman Paul Volcker says the huge American trade deficit is the fundamental factor in the sluggish US economy, but fixing it too soon could cause worse economic problems. ."Time's running out," Mr Volcker told the hanking committee of
      UPI  -  414 words
    • 258 5 Reuter HOPES THAT falling world oil prices would spur British industry are unlikely to be realised until later this year, according to a report released on Tuesday. The results of the survey, carried out by the Confederation of British Industry (CBI), are broadly in
      Reuter  -  258 words
    • 85 5 AP HALF A BILLION dollars' worth of US government lotas to foreign bonuwm will be sold off in the year beginning Oct 1 to help rednce the ledernl budget deficit under n plan approved on Tueoday by the A similar plan has already been approved
      AP  -  85 words
  • Page 5 Advertisements
    • 257 5 Quote, Unquote PP Too bad they can't be king and queen and didn't run the government, then we wouldn't have a $2,000-biliion deficit... I'd like to see Reagan as crown prince. It would take away his power. US House of Representatives Speaker Thomas O'Neill, commenting oa the amendment being introduced
      257 words
    • 38 5 Deposit in the currency of your choice with the waridfe leading bank. Ids as easy as ABC A wide range of currency options Committed to service excellence J* D\A the world's CO DbK tnif) "C/><y> to OT> <=>v
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  • Page 5 Miscellaneous
    • 43 5 Doonesbury HHE&AKS ACTUM/. tfiHgay. I?M NOT SUF£. HGHNEU USUHUISW AThW&.BUTI M "V I mi, 1 suppose urniOU COULD STAY afAjj UMTH ME UNTIL W WHNPSQHB- JgZJL PLACB.FWma fryfij mcimcouai BY GARRY TRUDEAU n T u. rr 2 I i :-*L V il > kV
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  • WORLD BACKGROUND
    • 1633 6  -  Concluding his two-part analysis of the coming Malaysian elections, Regional Correspondent BRIAN 60MEZ looks at the odds Dr Mahathir has to overcome to create a new economic order Malaysian Elections'B6 BRIAN GOMEZ THE DOCTOR from Alor Star brought a clear-cut diagnosis for Malaysia's economic
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  • Page 6 Advertisements
    • 172 6 30PAN PACIFIC KUALA LUMPUR Celebrate the difference with our Ritzy Package Catch our snazzy package during July and August and start the season off on a grand note. A 30% discount on published room rates. A tropical cocktail to welcome you in style. A tropical fruit basket. Free use of
      172 words
    • 606 6 NOTICE IS HEREBY GIVEN that, I Wong Chan An of No. 2-A Jalan Masjid Singapore 1441 have applied for a First Class Beer House licence in respect of premises at M/S Tat San Yan Eating House at 467 Changi Road sVfe m/s Singapore 1441 and that this application will be
      606 words
    • 587 6 NOTICE NOTICE IS HEREBY GIVEN that, I Wong Khee Leong of Blk. 323 Clement! Ave 5 #€6-IIS .Singapore 0512, have applied tor a First Class Public Home licence in respect of premises at M/s: Cherryade Lounge, 100 Jalan Sultan #€5-01/06 Sultan Plaza Singapore 0719, and that this application will be
      587 words

  • BANKING AND FINANCE
    • Article, Illustration
      695 7 Reuter SINGAPORE THE US dollar yesterday closed mixed against most major currencies in quiet trading due to the absence of fresh factors. Dealers said there was no clear trend for the dollar but it firmed slightly in the afternoon on some position squaring ahead of the release of
      Reuter  -  695 words
    • 344 7 Asian market ASIAN DOLLAR deposit rates yesterday closed easier compared with Tuesday's levels, in light trading. Overnight closed at 6-3/8 6-1/4 per cent, down 3/16 point from the previous close. Week fixed was little changed at 6-9/16 6-7/16 per cent. Period rates of one to six months closed at a
      344 words
    • 204 7 Interbank rates at 3pm yastarday: ■M Otter tooo parity change Local dollars to oao iMti of fomjM aKroocy: US dolor ***** 2.1815 2.8196 -22 67 Starting pound 3.2511 3 2547 7 3469 -55 75 Australian dolor 1 3333 1.3361 3 4286 -61.11 NZ dolor 1.1349 1.1387 3 4286
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    • 417 7 BA Futures IN RESPONSE to Paul Volcker's comments on Tuesday night, September Earsdsllar yesterday opened six ticks higher than Tuesday's close at 93.42 and eased to 93.41 in quiet trading. Trading activity remained sideways within a narrow range for the greater part of the day with traders squaring their
      BA Futures  -  417 words
    • 279 7 HONGKONG: GOLD yesterday closed slightly lower on sporadic selling by local speculators as the US dollar rebounded against most currencies. It settled at U*****.65/95 an ounce against an initial 351.70/352.10 and New York's final 351.70/352.20. Trading was fairly quiet as many trading and commission houses stayed on the sidelines
      279 words
    • 62 7 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/8 per cent yesterday, unchanged from Tuesday's close. The term rates remained unchanged across the board. S$ Interbank rotes at 7pm yesterday: Off** M Ovef rwght 4 1/8 4 I -month 4 5/16 4 3/16 2-month 4
      62 words
    • 397 7 Reuter, FT BRAZIL, the developing world's biggest debtor, aims to cut interest payments to 2.5 per cent of its gross domestic product trom the current 3.8 per cent, Brazilian Finance Minister Dilson Funaro has said. "We are going to reduce gradually the percentage
      Reuter,; FT  -  397 words
    • 115 7 Reuter THE RESERVE BANK of India has liberalised procedures for transferring foreign exchange abroad far non-resident Indians and foreign nationals leaving the country on retirement. Under the revised rules, effective immediately, Indian nationals permanently settled abroad can claim foreign exchange of up to one million
      Reuter  -  115 words
    • 79 7 Reuter NATIONAL Westminster Bank PLC expects UK base rates to fall to 9 per cent by the end of the year from 10 per cent now, chairman Lord Boardman said after the release of its six-month figures to end-June on Tuesday. Average base rates in the
      Reuter  -  79 words
    • 39 7 THE SINGAPORE branches of Sumitomo Bank and Algemene Bank Nederland have Joined the latest round of prime lending rate cuts. They trimmed one-quarter point off their prime rates, bringing them to 7.25 and 7.50 per cent respectively.
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    • 239 7 AP THE WORLD BANK is willing to lend Mexico US$5OO million to expand the nation's international trade, but it would only approve the money if commercial banks also pitch in with loans. Mexico, in financial trouble since 1982, is looking for USf6
      AP  -  239 words
    • 225 7 AP THE TAIWANESE DOLLAR rose slightly yesterday to trade at NTBK.O6 to the US dollar, its highest value against the American currency in lour years. The rise followed reports that the US and Taiwan will hold exchange rate wyHartrt— possibly at a meeting tat
      AP  -  225 words
    • 103 7 Reuter BANK OF JAPAN governor Satoshi Sumita welcomes moves by the Finance Ministry to consider easing rules on capital outflows to stshlllse the yen. However, he does not know specifically what the Finance Ministry is considering. Mr Sumita repeated that the Bank
      Reuter  -  103 words
  • Page 7 Advertisements
    • 61 7 NATIONAL UNIVERSITY OF SINGAPORE ien a presents Public Lecture by PROFESSOR ALAN E HEEMERT Lee Kuan Yew Distinguished Visitor DATE m 1 w of the Republic: 1850 1900 m v.: H uHL «'i i rntxrsoay 31 July 1996 I Venue Lecture Theatre 13, Kent Ridge Time 5.30 pm j For
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    • 188 7 IBS offers a fufl range of banking services to meet your needs Executive Lodns a flexible loan programme which can turn your plans into reality Housing Loans a loan programme that makes it easier for you to own a home Ml Account the fixed deposit scheme with monthly returns 55
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  • FEATURES
    • 504 8 THE MONETARY AUTHORITY of Singapore told ut in its annual report recently that the Singapore dollar was standing at a comfortable level, and that while the downturn in the local economy had bottomed out, no significant turnaround was expected this year. The clarity of this statement should
      504 words
    • 1695 8 OFFICIALS of Singapore Airlines meet their Japan Air Lines counterparts today to continue their discussions over expanding air services for both carriers. CHAN 01 CHEE, in Tokyo recently, looks at some of the factors which could influence the out come of the
      1,695 words
    • 340 8  -  Letter to Hie Editor Edward Lin Chean San I read with great interest your recent BT report that the World Association of Detectives would be meeting in Singapore soon and would award a Singaporean for his outstanding crime fighting efforts. What intrigued me
      340 words
  • Page 8 Advertisements
    • 309 8 I "~zm IF Wll WMHT TO GET AHEAD) START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal All the business news you need.
      309 words
  • Page 8 Miscellaneous
    • 51 8 ill J THIS IS DAN TRAC-V, TM£ He+\D HUNTeR ceRTBIN pgdPU£ INI me ciTy IN you IVINMO STANDARD CO. ITS. Iffe* uet's discuss it LUfNICH.. COKWFNDGHT GfM/ROCHe^ hold oni i can't go fViyuoneße i can BG 900N TALKING TO vou SMPi-L loe SAV THe GOffi££, STfM-L BV TufcKJpifcc. UNCei^<9OJND... Quite
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  • SPORTS
    • 405 9 UPI THE 119 th season o( thoroughbred racing at Saratoga, New York, began yesterday and the 24-day meet will have 22 stakes races, including the U*****,000 Travers. The Travers, called the "Midsummer Derby", will likely pit Belmont stakes winner Danzig Connection against
      UPI  -  405 words
    • 411 9 AP A WISECRACKING Frank Bruno, in his first public appearance since failing to win the world heavyweight title, said in Edinburgh, Scotland, on Tuesday that he was staying in boxing. After the British challenger was stopped in the 11th round by World Boxing Association
      AP  -  411 words
    • 264 9 UPI WORLD number two Mats Wilander Is not only tired of tennis, but Is fed up with the Swedish Tennis Association and may not play in the Davis Cup semi-final against Czechoslovakia from Oct 3 to Oct 5. "I don't feel like playing for Sweden," Wilander
      UPI  -  264 words
    • 471 9  -  By WALTON MORAIS THE MALAYSIAN professional golf circuit could be worth a million ringgit next year with the addition of two M 550,000 tournaments and a five-leg "warm-up" series offering a minimum M 55,000 each. However, whether one of the two M 550,000 tournaments materialises
      471 words
    • 423 9 AP ENGLAND swimming star Sarah Hardcastle went within a fingertip of breaking an eight-year-old world record at the Commonwealth Games on Tuesday, when she won the gold medal in the women's 800-metre freestyle. Hardcastle clocked 8:24.77, only 15 hundredths of a second outside Tracey Wickham's
      AP  -  423 words
    • 191 9 AP AUSTRALIAN marathon runner Rob De Caste 11a aims to become the first man to defend successfully the Commonwealth Games marathon title tomorrow. Known to fellow athletes as "Deek", the 29-year-old has examined the Edinburgh course and teds it suits him. But he has one
      AP  -  191 words
    • 219 9 AFP EVEN THOUGH the 13th OammoMWttMi Gnmes is little tooee than half over, the race to «1 far the right to stage the games la UM. Latest to Join the hnat is Cardiff, the capital of Wales, whk* unveiled a £23 mfflhw prty designed
      AFP  -  219 words
  • Page 9 Advertisements
    • 434 9 Midland Bank pic Registered Office: Pbultry. London EC2P 2BX lei: 01-606 9911. Consolidated Balance Sheet Other liabAoes Deferred taxation Long-term borrowings Subordinated loan capital Perpetual floating rate notes Minority interests Shareholders' funds Share capital Share premium Reserves Report of the Auditors lb the members of Midbnd Bank pic We have
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  • Page 9 Miscellaneous
    • 1141 9 to m mm Bpm, Channel 12 The first part of the film covers, among other things, the society and government of the southern plantations, their crops and labour. The second section is on New England, with a sequence on the Pilgrims and the Mayflower, which leads presenter Alistair Cooke deft)
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  • INTERNATIONAL STOCKS
    • 368 10 PrudentialBache to set up merchant bank in London FT PRUDENTIAL-BACHE Securities, a subsidiary of the giant Prudential Insurance Company of America, is to set up a new investment and merchant banking operation in London. The bank, which will form part of PrudentialBache's global banking services, is to be headed by
      FT  -  368 words
    • 108 10 Reuter NIXDORF Computer AG has won a US$lOO million order from US retail chain Montgomery Ward for point-of-sales computer terminals. Of the total sunt, US$5O million covers the computer equipment to be delivered and US$5O million the value of a service contract for the terminals, managing
      Reuter  -  108 words
    • 320 10 Reuter WALL STREET STOCKS on Tuesday fell to the lowest level of the month, adding to Monday's sharp loss. Concern over the economy and technical factors undermined an early rally attempt, which drew strength from rallying airline stocks and stronger credit markets. The Dow
      Reuter  -  320 words
    • 144 10 JULY 29 a Hudwn Bay MM fenp Ol a A ig 4* T.„„ 37 IS* Abitibi 22 H •It In» Prov Rp« 40* 13* lu km 17* Karr Adtfeon I4H Bank Novo Scotio Bank Of MtmWol IM 30* LoMow B Mc BkxM 12* 37 Motion A 28* Bp Rosourcat
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    • 214 10 JULY 29 Um4 Tangoot 720 10 Tna» 8k 120 unch MOUSTtULS Uh Steal 51 1 Woofenj 1175 unch A Afcho 1050 Abf com 240 -5 MM MGS Aoci 1340 +40 Amoprop AMtC 375 4750 -15 50 I7200B unch 1830 •10 Py vom 1925 50 C G SmNh Tfy •10
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    • 652 10 JULY 29 Atcan Ahantn Alcoa Altg hd AJkd Sag AM Start AhOiotTMn Am Brandt he Am Can Co Am Cyananad Am Etoc Am Expraw Am Horn* Prod Am Moton Cp IISS 29 +H 34* uncti 15* 42 49* +1* 3* 93* +1* •1* -1* 75* -1* 29* 58*
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    • 772 10 Amsterdam JULY 29 Fk AM 997.30 -35 Aagon 99 70 AS MS 88.90 -06 Akxo 156 70 2 AkaHa 151 JO -0.4 AMEV 74.50 -I.I A/nro Bark 105 00 -0J Am Stad 122.00 -2 Baikal 37.00 -I Baraumi 109.00 -765 Buohman T«tt wo*... 208.50 2 5 UM 695.00
      772 words
  • Page 10 Advertisements
    • 177 10 B©3 C'i' M m WSiere is nriae, ilne add entertain p; Happy Hour at the Treetops Bar Baron's Tavern i* i 1 9 <4 V/ Where you can enjoy a 50% discount on all beverages from spm to Bpm at the Itoetops Bar A spm to 7pm at the Baton's
      177 words
    • 174 10 3 Mgte afternoon delights now at the Mezzanine Lounge High tea buffet 3.X pm to 6.00 pm daily. LJI» Indulge in rich cakes, ■Kyr finger sandwiches and much mom Price: $8.50 per person. 1 Fashion shows M 5.30 pm every Tuesday and |-»j kThursday. Models parade the 'm best from
      174 words
    • 93 10 TEOCHEW V PORRIDGE BUFFET $5 50+ m Va»/ as x Lovers of true Teochew Ftorridge can enjoy a wholesome meal of traditional favourites at the TERRACE GARDEN. Priced at only $5.50+ per person, you can enjoy savoury homely dishes such as braised pork in soya sauce, salted egg, deep fried
      93 words
    • 108 10 H/A_ lK.lilß.tS lf-li 111- Pr, 1 ChiM i TIFFANY COFFEE HOUSE Ist- 15th AUGUST 1906 FURAMA 10 Eu Tong sen Street Singapore 01! Tf- i r T* 7* oo r> Tel 5835 TIEN COURT lor a whole new Sichuan experience! n v»>*- Tien Court presents a feast of spicy Sichuan
      108 words
    • 127 10 \/[*/?!$|;)])@[,}!{<~/@><@%";<& Diary of Food Events! CIOKURUMAYA £j|s JAPANESE RESTAUKANT ITR JULY SpoduM Hainaban Baar or ABC Extra Stout at only S&9o++l Daßy Sot Lunch from 80»j00++ *Ono for Quart Bottto Promotion Qdf a botMa ot CNwaa Rajai, Suntory Royal or Ramy Martin at *****++ par borta and gat anatwr bolta
      127 words

  • ASIAN STOCKS
    • 424 11 HONGKONG: Share prices closed lower yesterday on a late round of profit-taking by local and overseas investors, brokers said. The Hang Seng Index lost 12.07 to 1,847.94 after nearly matching the record high of 1,865.65 set in May. The Hongkong Index was off 7.57 to 1,153.61. Turnover declined to
      424 words
    • 229 11 JULY SO KT 2.18 -O.ll Kuochan Da* Lm Chang Yuan 22.40 34.30 -0.2 0.2 24.20 •02 1255 -0 1 31 30 -0.2 Nan Ya Ho* 38 10 ■0.1 Chang Hwa Bank 44.40 25 70 unch •0.4 Nat fcioanmant 380 80 -4.4 Ou Hun Camant Owi Hot Hour China Cham
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    • 354 11 TOKYO: Active speculative buy- ing of electric power companies led the Tokyo stock market to moderate gains yesterday. The market average rebounded 70.11 yen to 17,799.05 after a heavy 310.00 loss on Tuesday, the fourthlargest on record. Turnover was 1.35 billion shares, unchanged from Tuesday. The Tokyo Stock Exchange
      354 words
    • 77 11 JULY 30 Acot* Mining Paaa* ***** unch Onantoi 6 Phi Ovanaos Phflax B 00)3 0.014 0.2350 0002 -0 001 ♦0 005 Apax Mining B 0.013 unch Picop B Gold Botie Pa»Toteum 0001 ***** unch 0 0008 PLOT Son Miguai B 146 67 0009 unch ♦2 Banguat Con. B Fnt
      77 words
    • 388 11 SYDNEY: Australian stocks closed firmer yesterday across the board in cautious trading with demand for quality industrial and gold stocks offsetting bearish sentiment ahead of the August 19 federal budget, brokers said. At the close of trading, the All Ordinaries Index was up 3.6 at 1,108.7, the All Industrials
      388 words
    • 88 11 JULY 10 Choi Sugar Dootm Ind «M 1930 650 1508 -5 unch •23 Kongo on Ind Km Motor Koton M Karoo Long Torn Lucky 1*4 1260 2242 2331 1575 1691 70 22 100 -15 -24 1540 -21 1472 Dang Ah Phor 909 1620 4 +30 Pacific Owned 1340 1267
      88 words
    • 164 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday declined 1.50 to 140.81. Turnover amounted to 3%,212 shares valued at 71.4 million baht. JULY 30 MK Smhi Camant 585 unch Sram Cihzant «*P Ao Kham Thai Siam Ohzam Alio 148 3 1 wtig MO Ayudhyo hi—r 156 3 S«am
      Reuter  -  164 words
    • 56 11 AP ALLIED-SIGNAL Inc. an automotive and aerospace company in the US, plans to buy an equity stake in a South Korean parts maker. The company declined to name the parts maker or say what share it hoped to acquire, but said the arrangements should be complete by
      AP  -  56 words
    • 218 11 PUBLICLY -ListED Sunshine Pacific has identified several takeover targets in Hongkong and the US, according to chairman Lee Ming Tee, but he has declined to reveal their names. According to the South China Morning Post, Mr Lee said the company's expansion plan, including acquisitions in
      218 words
    • 88 11 AFP AN INTERNATIONAL consortium is to establish a leasing company in the north-eastern Chinese city of Tianjin in September. Taiyo-Kobe Bank officials said that the consortium would include Taiyo-Kobe Bank, Kane-matsu-Gosho Ltd and Orient Leasing Co, all of Japan, GATX Leasing Corp of the United States
      AFP  -  88 words
    • 160 11 Reuter ROTHMANS Industries Ltd is seeking approval from the New Zealand Commerce Commission to acquire by merger or takeover 100 per cent of Domink» Breweries Ltd. The tobacco, liquor and grocery group said that the acquisition is one option being considered by its board,
      Reuter  -  160 words
  • Page 11 Advertisements
    • 133 11 "Wmset to wise, titan mil eatortalai Jt f 11 Start ofA 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
      133 words
    • 100 11 lUui ymi 1 *9 All the Bell's Whisky you call for... ...during lunch or dinner is on the house! And that goes for any beer or soft drink between July Ist and September 30th. Call 732 1222 ext 1589 Cheers! Ample free parking. 1 A© Century Park Sheraton s Singapore
      100 words
    • 89 11 If VA wr* Temptations served round the clock Only at Cafe Excelsior A delightful selection of western and local favourites Hong Kong style noodles and congee A superb High Tea Buffet Served daily from 3pm to 6pm <88> ExcefSor Hold 5 Coleman Street. Singapore 0617. Tel: *****33 3Csatxry ar)\ka :i-
      89 words
    • 142 11 Fashionably hyatt Join the fashion-conscious every Hiesday, 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 19.50
      142 words
    • 181 11 S SUPERB CUISINE V OFFERED DAILY BEST VALUE FOR MONEY Authentic Chinese Palace Decor to accommodate 78 tables. 8 Private Banquet Rooms to cater for Luncheon/Dinner meetingi O S$ 12 per person. Weddng Package inclusive beer, soft drinks, wedding cake. Mandarin Hotel Suite etc for I.V'F.f I' Ji'Jo THE WILL
      181 words

  • RAW MATERIALS
    • 787 12 Reuter COFFEE ROBUSTA COFFEE futures on Tuesday ended in the middle of the day's narrow range, with little fresh news to generate a clear trend, dealers said. Contracts closed £18 to £13 a tonne easier, but the lack of a fresh fundamental basis restricted activity. New York provided
      Reuter  -  787 words
    • 212 12 Reuter WHEAT FUTURES on Tuesday ranged from 1-1/4 US cents a bushel higher in September to unchanged at the quietly traded close on the Chicago Board of Trade. December rose one cent at U5J2.64-1/4. Prices remained caught in narrow ranges based on uncertainty regarding possible government steps designed to
      Reuter  -  212 words
    • 242 12 Reuter SOYBEAN FUTURES on Tuesday closed 2-1/4 to one US cent a bushel lower in fairly light dealings on the Chicago Board of Trade. November ended near the middle of a narrow 4-1/4 cent range. Most analysts said the market was awaiting firm word from Washington on possible steps
      Reuter  -  242 words
    • 219 12 SINGAPORE THE MARKET yesterday closed lower with August One RSS buyers quoted at 171.50 cents per Idk), down 2.50 cents from Tuesday. Trading in the TSR 20 market was quiet throughout the day with prices lower on some selling. TSR 20 September closed 150.50 cents per kilo, down 2.50
      219 words
    • 156 12 Chinm Produce Exchange Sellers' noon doling prices on Mr 30 (SJ/100 k«) Coconut oil Bufc FOB Ok) drum FOB New drum FOB 43 00 56 00 60 00 Copra Mixed (loose) 21 buyers Pepper Muntok White FOB NLW Sarawak White FOB foq NLW Sarawak special block FOB NLW
      156 words
    • 181 12 MALAYSIAN crude palm oil prices yesterday closed mixed on covering interest ahead of India's weekly vegetable oils tender today, dealers said. The market was generally lower initially following weaker overnight Chicago soyoil futures, they said. Interest centred on August. Central region fell Mss to $495 per tonne while
      181 words
    • 76 12 Reuter IN QUIET tradlag, the Kula Lamw Ha Market, KLTM. yesterday leT* to UgheTthsa Streag haytag laterest wm aeted at Tsesday's eMag price bat tellers were relaetaat te take peMttw at the lewer levels. Farther eevertag demaad (rem Japanese aai leeal laterests puked prices slightly higher while Earepeaa
      Reuter  -  76 words
    • 66 12 Bangkok (USS/tMMM, FOC) White Rice 100% 1st ck»s 255 100% 2nd closs 220 100% 3rd class 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rice A-l Super 120 A-1 Special 117 C-l Special unq C-1 Ord unq Loonzoin Rice 100% 1st grade unq
      66 words
    • 292 12 RAS prices m S CMta/kg. FOt m h NOON Int 1 RSS Prompt 173.00 I74.00N 172.00 I73.00N kit 1 RSS Aug 86 172.50 173.00 171 50 172.00 kit 1 RSS Sept 86 173.00 173.50 172.00 172.50 Int 2 RSS O P 169.50 I71.50N 168.50 170.50N Int 3
      292 words
    • 88 12 (cwits/kg, 1-ton AUG 16 SCPTM (currer it monHi) (forwon 1 monHi) NOON NOON RAS Biiyw ■■ran Mm SSR 20 159 00 16I.OON 159 50 161. SON SSR 50 156 00 158.00N IS6.50 1S8.S0N MRELB B«r«r> B»|n Mart SMR CV 239 00 241.00N 240.00 242.00N SMR L 239
      88 words
  • Page 12 Advertisements
    • 1236 12 DG BANK Consolidated Balance Sheet (condensed) as at December 31,1985 ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY DM mflfion 31/12/84 DMmtton DM mifton 31/12/84 DM mVon Bills sold with the endorsement of DG BANK or one of its consofidated subsidiaries Liabilities arising from guarantees, including guarantee of bis and checks, and warranty
      1,236 words

  • SHARE INFORMATION
    • 4112 13 A LACK OF follow-through buying during the late morning and afternoon sessions caused share prices to end on a mixed note at the local stock exchange yesterday. Malaysian shares, which stole the show on Tuesday by posting the biggest percentage gains, were
      4,112 words
    • 215 13 SINGAPORE Rites o S 710 +20 ITCifiiiti FAN 750 +15 IT 11 KmMImi 255 +15 rOWOS OCIC 720 +10 ITCAOI ICS 545 +10 «TO»V KkMgGM 235 +7 STI hi ill High ft Law 90c 147 +7 ST Fmm kmc* 25* 62* +6* STH*Mh fiiniiiM 432 +6 ST
      215 words
    • 3178 13 BID and offer prices officially listed sad hnrtnff in sad reported to the Stock Kxrhsnge of Singapore yesterday with the —of riiares traded shown in brackets in lots of 1,000 units unless olliei wise specified. AD Time Settlement Contracts are quoted after the ward "SETT'.
      3,178 words
    • 820 14 SHARE PRICES opened quietly mixed yesterday, but with a firmer bias in continuation of Tuesday's upward trend. At 0922 GMT. the FTSE 100 Index was five points up at 1,361.4. On Tuesday, the FTSE 100 Index chalked up seven points to close at 1556.4, while the FT 30
      820 words
    • 473 14 PROFIT-TAKING activities caused share prices to close slightly easier at the Kuala Lumpur stock market yesterday in relatively quiet trading. However, selective blue chips managed to buck the general downtrend to clone moderately higher. Situational counters came under profit-taking and several
      473 words
    • 1992 14 BID and offer price* officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. HNBIRMLS Apaeams (2908) (1) 290 (1) 300 (2) 300 AMo(—>(l)29o
      1,992 words
    • 258 14 Monooci I pried (S) for JuV 31 Singapore Unit Trust The Commarca 0 82 0 88 The Sovngi Fund 0.74 0 80 S'pora Prog Fund 0 34 0 37 S'pora Sac Fund 0 59 064 S'pora Invnt Fund 0.54 0.59* S'pora Equtfy Fund 0 41 0 45 Asia
      258 words
    • 174 14 HARRISONS MALAYSIAN PLANTATIONS Bertwd: 10th AGM at The Theatrette, Ground Floor, Bangunan MIDF, Jalan Tun Razak, ***** Kuala Lumpur, on Wednesday, August«, at 11 Wiiwi FRASER A NEAVR Limited: 87th AGM at 475 River Valley Road, Singapore 1024, on August 7, at 10am. BUKIT SEMBAWANO ESTATES limited: 20th
      174 words
    • 109 14 HONGKONG Hongkong 1 Wednesday IHOC* 1153.61 Tuesday 1161.18 Week 090 1132.98 Hong Song Wednesday ImAm* 1847.94 Tuesday 1860.01 Week 090 1816.96 TOKYO Nfckoi Avorogc Wednesday ***** 05 Tuesday *****94 Week ago ***** 07 TSE lock n Wednesday 1450.27 Tuasday 1434,20 Week 090 1421.51 SYDNEY All Ordinc inns Wednesday
      109 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 673 14 PIRSIQIY. Bancorporation Of Texas Inc STATEMENT OF ACCOUNTS FOR THE YEAR ENDED DECEMBER 31,1985 Loan*, including fee* Money market investments: Time deposits in banks, primarily foreign Funds sold and other temporary investments. Trading account securities Investment securities—taxable Investment securities—tax-exempt Total interest income Domestic savings deposits Domestic time deposits Foreign branch
      673 words
    • 470 14 K 3 %1 SINGAPORE FREIGHT FORWARDERS r.\ i;« W! NOTICE OF STANDARD TRADING CONDITIONS Notice b hereby given that the Singapore Freight foiMwrdata Aaaodadonhae at ita 12th Annual General Maa>ing held on 23rd Mwch 1906 approved and adopted Standard Tfading CondMone. a copy o# which can beabuw*d aithar from members
      470 words

  • COMPANY NEWS
    • 495 15 AMBASSADOR HOLDINGS Ltd, under a new management headed by Gopinath Pillai, is banking on its two fully-owned hotels in Perth to start contributing to group profits next year. In reply to queries from the Stock Exchange of Singapore which had asked for
      495 words
    • 489 15 A COMPANY la the Jack fM* group has sold 10,000 shares of Haw Par Brothers lateraatl—al (or $29,300 on July 18. Mr Jack Chia is aow deemed to have an interest in 34.38 million Haw Par shares representing 23.07 per cent of the company's paid-up capital. Jack CMa
      489 words
    • 469 15  -  First-half profit increases sharply By ALVIN TAY OVERSEAS UNION Securities (OUS) has achieved a sharp increase in first-half profit, thanks to its foray into overseas equities markets at a time when the local market was not doing too well. Overseas investments accounted for 41
      469 words
    • 252 15 THE OFFER OF shares to the Australian public by the Bank of Singapore (Australia) Ltd, a recently formed member of the Oversea-Chinese Banking Corporation stable, has been fully subscribed. The underwriter and principal broker to the public issue, J B Were and Son,
      252 words
    • LATEST RESULTS
      • 79 15 Group unaudited pre-tax profits rose to M 95.84 million on revenue of M 530.61 million in the six months to April 30 from the previous corresponding halfs gross profits of M 53.04 million on revenue of M 520.29 million. After-tax figures were not published. KLI said its
        79 words
    • 231 15 ANT AH HOLDINGS has confirmed that it plans to take up a stake in Arab-Malaysian Merchant Bank Bhd. In reply to a query from the Kuala Lumpur Stock Exchange arising from a press report, Antah said it was holding discussions with the principal shareholders of
      231 words
  • Page 15 Advertisements
    • 221 15 w Overseas Union Securities Limited ANNOUNCEMENT OF HALF YEARLY RESULTS The Board of Directors of Overseas Union Securities Limited is pleased to announce the unaudited results for the half year ended 30 June 1986 as follows:Mpt Tannihip AccpYc Backing per Ssl.oo share 552.39 552.11 552.35 552.10 In the opinion of
      221 words
    • 368 15 ESHHS IN THE MATRB OF THE COMPANIES ACT, CAP. IK AND IN THE MATTES Of SUBIBOB SERVICES (8) PTE LTD (IN MEMBERS' VOLUNTABY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the above company, which Is being voluntarily wound up are required on or before Ist September 1066 to
      368 words
    • 620 15 BHF-B BERLINER HANDELS- UND FRANKFURTER BANK Haod Office 6000 Frankfurt 1, Bockenheimer Londstrasse 10 Telex: *****6 Telephone: 069/718-0 Ilnggpow Branch 50 Raffles Place #21-01, Shell lower, Singapore 0104. Telephone: 225 2500 Telex: RS ***** BHF SI Fax: 225 2037 CONSOLIDATED STATEMENT OF INCOME Year ended 31 December 1965 CONSOLIDATED BALANCE
      620 words

  • 466 16  -  Institute of Education and Ngee Ann Polytechnic finalising details By LIM SOON NEO SOME INSTITUTES of higher learning are working out details of new contracts for their expatriate staff who are on overseas contract terms as they have been given some leeway, very
    466 words
  • 392 16  -  By ANNA TEO "A KIND OF two-edged sword" was how one expatriate university lecturer described the gratuity option offered to all public service officers on overseas contract terms. The offer of a lump sum gratuity to be paid at the end
    392 words
  • 130 16 UPI THE PHILIPPINE government yesterday expressed "serious reservations" over tough demands by the International Monetary Fund to ease import restrictions, and accused the IMF of using a "heavy hand" in pushing state banking reforms. Executive Secretary Joker Arroyo said President Aquino
    UPI  -  130 words
  • 212 16 TUGS, BARGES, salvage vessels and crew boats, once part of the Selco fleet, have been put up for auction. Thirty-four vessels, including a newly constructed shallow draft twin-screw motor tug which has not been named, will be auctioned by Victor A Morris and
    212 words
  • 208 16 Bernama THE DEPUTY president of the United Malays National Organisation, the main party in the ruling Barisan National coalition, said yesterday the opposition is generally not much of a threat to the BN in the general elections to be held
    Bernama  -  208 words
  • 122 16 ONE MAN'S JUNK is another man's treasure, or so the Ministry of Environment believes. Starting today, the ministry will be giving away sludge, the solid residue after sewage Is treated, far use as soil conditioner. A ministry statement said the move was to encourage the use of sludge
    122 words
  • 111 16 Reuter GOLD FUTURES were staadtar than expected yesterday morning on scattered support generated by a tower dollar. Spot August went up 40 cents to U*****.00 an ounce and the pace-setting December gold gained 40 cents to U*****.00. Commission houses and dealers were early buyers after the
    Reuter  -  111 words
  • 64 16 Reuter WALL STREET stocks advanced yesterday morning but the rebound was fragile, with breadth remaining Just slightly positive and no strong economic reasons to support a recovery. The Dow Jones Industrial Average was up five points to 1,772, after hitting the July tow of 1,767 at the
    Reuter  -  64 words
  • LATE FILE
    • 49 16 UPI CHINA yesterday n-t tot the "pranpt and complete" withdrawal of Soviet troops from Afghanistan and ignored a proposal (Tom Soviet leader Mikhail Gorbachev to improve relations between the two communist rivals. Mr Gorbachev made the oviluie to China daring a speech on Monday. UPI
      UPI  -  49 words
    • 54 16 Renter INDIA has dsdlned a USUSO million World Bank loan until the bank drops a condttion which for the first time links private sector Involvemeat to creffit for an oil project. The bank offer stipulates that the government most the entry of the private sector
      Renter  -  54 words
    • 40 16 AFP THE RISK OF Commonwealth "dHategration" as a result ot policy dlflnwncw over South Africa "is not to be dismisesd lightly", according to a report ywtttday by the Brittah House of Commons foreign affairs f«nmlt>i. AFP
      AFP  -  40 words
    • 39 16 AFP CHINA will peihaul a new feasMlllj study on a Yangtze river dam, the largest M ,1 m nyarceiecnrc project in io& world, to convince critics that their views are being iiitn «awbl AFP
      AFP  -  39 words
    • 52 16 UPI OUTRAGED British MPs yesterday protested over a 'laughable" US$375 fine on pop stager Boy George for using heroin. "Now everyone will think that there Is one law for pop stars and another tar the man In the street,** said Osisfi wsllw poHtlrtaa Teddy
      UPI  -  52 words
  • Page 16 Advertisements
    • 37 16 Moxtean loan conditions, pog«7 ORCHARD r? m r '4 •-4 £3^ ORCHARD DERT COLLECTION AGENCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06, *****74 Position:. Address:. Please send one of your representatives to meet me.
      37 words
    • 139 16 wti haw to wait, "Business or pleasure. There are better reasons to stay at The Regent in Kuala Lumpur or Bangkok." i 1 L f vlB? I I I ■*-< V 4V V In Kuala Lumpur or W Bangkok, The Regent I is your hallmark of J excellence and warm
      139 words
    • 0 16 +`@(@;[{\~}~|.[$">~`'~}:)[=^<%%
      0 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 234 17 KAWASAKI KESEN Kaisha has announced (dans to escalate its intra-Asian container service from August. The Japanese line will commence its own fixed weekly container service with five container vessels covering Malaysia, Singapore, Philippines, Taiwan and Japan. The announcement was made in a statement
      234 words
    • 58 17 Reuter PAKISTANI authorities confiscated a load of imported palm oil to determine if it is below standard or adulterated, Karachi port officials said. They said the Directorate General of Ports and Shipping ordered the investigation into 12,000 tonnes of palm oil carried by a Singapore ship
      Reuter  -  58 words
    • 372 17  -  By G DURAIRAJ THE KELANG Container Terminal has taken over responsibility for cleaning containers at the gateway after overcoming initial complaints over the manner in which it proponed to undertake the task. Shipping representatives who earlier complained about the unilateral
      372 words
    • 177 17 Seatrade Week AMERICAN President Lines received permission from the US Maritime Administration recently to use foreign shipbuilding rights that the line acquired in 1985. APL will reportedly build six combination bulk and container ships, which it will use in the trans-Pacific
      Seatrade Week  -  177 words
    • 144 17 Reuter AS THE OFFSHORE drilling market continues to worsen, Global Marine Inc (GLM) hat taken measures to conserve cash and would consider further measures, including the release of other rigs, if conditions warrant. Earlier, the company said it took a US$75 million writedown in the
      Reuter  -  144 words
    • PORTSIDES
      • 48 17 SPA WORK IS underway to turn Diba seaport into the first commercial port in the north-western region of Saudi Arabia. Costing SR 88.4 million, the port will include three commodities platforms and another for fishing, Atiah Abdul Rahman, the project's supervisor said. SPA
        SPA  -  48 words
      • 61 17 Reuter THE AUSTRALIA-WEST India and Australia-Sri Lanka Outward Shipping Conferences will raise their currency adjustment (acton to 26.21 per cent from 21.07 per cent, effective Aug 14. Australia to New Zealand freight rates will rise 4.5 per cent, effective Aug 25, the Tranztas Service said. The service
        Reuter  -  61 words
      • 97 17 EUROPEAN FERRIES is calling on the British government to set up a £60 million contingency fund to cover the cost of redundancy among its 6,300 ferry employees if the Channel Tunnel is built. Technical director Mr James Ayers plans to tell the Commons Select Committee
        97 words
    • 1320 18 CHARTERING remained relatively quiet on the London shipping freights market on Tuesday, with only one fixture reported outside the grain and period chartering sectors. In the grain sector, Cargill paid a slightly firmer but still weak rate of US$75O (fio) for 52,000 tons from the US Gulf to
      1,320 words
    • 1184 18 FT CAN THE "sea bridge to Europe" beat off the challenge of the Channel? Despite a chequered decade which has seen roaring success tempered by difficulties and adversities and yet all overlaid by ambitious plans, the ports of East Anglia are looking nervously
      FT  -  1,184 words
    • 681 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL i 2/3 ASCL M 1 Bolt-Canada Line VI 4/5 Bah-Orient Line VI 4/5 Bank Line V 5 BBS R 4/5 Ben Line Cont
      681 words
    • 180 18 AP A UNITED STATES navy missile struck a tanker carrying 26,000 barrels of oil at Virginia, causing a small fire but no injuries, officials said. The Sidewinder air-to-air missOe, fired from an F-14 Jet as part of navy exercises, on Tuesday left a 1-metre hole
      AP  -  180 words
    • 346 18 Reuter THE SOVIET Unkm has imposed stricter terms on all new commodity purchase agreements with other countries, raising fears among US eipotleis of reduced agricultural trade with Moscow, private trade sources said. The sources said that last Friday the
      Reuter  -  346 words
    • 139 18 AFP CHINA AND THE Soviet Union have signed a protocol on rail transport, the New China News Agency (NCNA) said. The protocol was signed in the north-eastern city of Harbin on Tuesday at the dose of a sevenday session of the Sino-Soviet Committee on border railway
      AFP  -  139 words
    • 172 19 THE MAJOR shipping consortia operating between the Far East/fsuropean, Far East /Persian Golf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Ti"» Korean Shipping Corporation Neptune Orientlines Orient Overseas Container Line Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines Ncotune Orient
      172 words
    • 533 19 Reuter JAPANESE shipping companies, faced with slow growth in cargo tonnage and mounting international competition, are starting to introduce services integrated with air and land transport and to cut employment of highly-paid seamen, industry sources said. An official of Nippon Yusen KK, NYK,
      Reuter  -  533 words
    • 291 19 Japanese companies. Lloyd's List JAPAN'S shipowners have devised a scheme to find redundant seafarers work on foreign-flag vessels through the formation of a new company. The ambitious plan was unveiled by the Japan Shipowners' Association (JSA) at a snipping subcommittee meeting of
      Japanese companies. — Lloyd's List  -  291 words
    • 276 19  -  Kingsley Wood THE TWO overseas-owned dredgers that are to cut the LNG tanker channel at the north-west shelf port of Mermaid Sound will be handled by Australian crew. This is the outcome of a long dispute between unions ana the consortium which was awarded
      276 words
    • 271 19 m m »>!■ m OA Argtniinfl outy 10 Beunos Aires Waiting time up to 2 days. Amtrslis July 1t Sydney 2 vessels operating. Melbourne Shortage of labour. BaogladMh Chalna 9 vessels operating; Chittagong 22 vessels operating. Brazil July 19 Santos Normal operation. Douala Delay due to heavy rain.
      271 words
    • 156 19 TIPHOOK CONTAINER Rental Co Ltd will boost its box fleet to more than 60,000 TEUs with the completion of its ambitious newbuilding programme. The UK company recently placed orders for 16,000 TEUs with manufacturers in the Far East and Europe. Hyundai received the
      156 words
    • 7666 24 SSBBGXIEB 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
      7,666 words
    • 743 25 Skip RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Voy dote/time Operator corgo schedule Location B Kemunng E Gather Niaga 22 PV Tovstykh Vega Uni-Humanity Nipponica Khd Prorokov Prasetia Zim Trieste Mon Crystal Adrian Ms Tambang VI Bumi Persoda Kath Sif Ind
      743 words
    • 1674 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Emiiprnw Pte Ltd Some (S) AS Sfeppisi Bousteod Shpg Agencies Alee Lm African Shpg A9.oc.es (S) AJmhlihl Law Km Shpg (S) Alfred C Tn»tir Oceonus SKppngAgencm (S) MoWport Sdn Bhd (PK) Anne—
      1,674 words
    • 126 26 ArM/Port Vtoooeity Density Water C8T at 50C Q/ML at 15C Volume 0/0 Africa/Rod 8m Jeddoh 155/188 0.945/0.981 0.1/3.0 Durban 114/172 0.984/0.991 0.0/0.3 Arabian QuN Ros Tonura 155/180 0.949/0.950 0.2/0.6 Bahrain 121/182 0.965/0.973 0.0/0.1 Eur op# Rotterdam 55/432 0.939/0.992 0.0/1.4 Hamburg 27/400 0.943/0.990 0.0/1.0 Le Havre 174/458
      126 words
    • 459 26 AT CONVENTIONAL WHARVES VosmI KEPPEL WHARVES Colossus Et«mol Moon Kota Angkaso Reino Nwga 14 Trans Fjord Pasir Ponjong Bo Dinh HaiSung Lee 2 Mognoto Atlas Maru Bhorto 1002 Mapewa Jurong Port Dewi Seraya Indra Sakti MegahBrooke 1 rwpni Rodina Widi Seraya Buffalo Exp Notional Joya Semp'na Abodi
      459 words
  • Page 17 Advertisements
    • 477 17 Concise Comprehensive Contemporary o v>> 200 CHIIWM OMO #12-05 tm Tal *****11 TELEX NO IB ***** CFS OFnet *****U TVMMJ oflct *****11 fetalis mya tel: ntim/nmn/ntim T*a mum* PENANC TEL (***** TEUX NO MM0073 CFS TCI MM nm KELANC 1U *****0 TOO NO M307V1 OS 1U *****1 'p5lT\ flip )Pf
      477 words
    • 66 17 JSMDB CAN THE "sco bridge to Europe" boot off the challenge of the Channel? Page II JAPANESE shipping companies ore storting to introduce services integrated with oir ond lond transport ond to cut employment of highly-poid seamen, industry sources so id. Page 111 Index to odvertisers N Shipping schedules VM
      66 words
    • 378 17 'I THEHEART OF THE DRAGON i MAERSK LINE /.viiiili r.T WilnlJi SINGAPORE/ANTWERP 17 OAYB SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS VS L*l PfMng I Vtml L Voy I ffpoit USA. EUROPE. EAST. WEST AFRICA A ASM IJPrfcaJ CI- 4/1 IMI N liOEiaizaiziraaEzaiiaE cr t/ttid Sb" cn vi mi mrs to
      378 words

  • Page 18 Advertisements
    • 292 18 3: mmmirr Y AM ABHIT A-SHINNIHON TRANS-PACnC SERVICES Pacific South Wast r»d<r at Kao North Watt at Kao Atlantic/Canada Faodar at Nagoya L'ALJI I rnßi.L flr~sr LW uta m\<nm im h'**i irnrarnii./i.flK7riin^L:' > .;.iirnir i aro!Hi/i > ii itiiMa imrimi i ■r T TrTW rrMiTr Rnil "in— imnL'iiin/tia 1 MIDDLE
      292 words
    • 157 18 11 Supercarner Service l/l X/S 2/1 7/9 IV IV* 11/* W W 14/J 7/* 14/» w tu% W W vn 4/l« S Z% m n* vn vw m/w i tar NMtaa <**). V hmdm. C Arab*. Caracae. St Ceorv Geanrtaaa. Mmn Paolo Lawn. Saa JMe. fa MW, Stacktaa art Saa
      157 words

  • Page 19 Advertisements
    • 475 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd n Brunei Ports and Bangkok Overseas Containars Limited AI*RSH|P RVlft TO MK CONTINENT Mfe| Mhi 12-13 km 15-10 k| BANGKOK BORNEO AGENOES LTD. BANGKOK TEL *****80 facta* 30 taOl Aa| «M Hun. M 30 AMI Aaf *U Hn. IhM 01-03 ta|
      475 words
    • 439 19 Franco Belgian Services ij kM (8M) tikt is* a*« nan aim n*t i*(4*)a* u* »N U?(llS It* 2tap IMp 7* ll* M*(UMO IM IM 13J* MS* MM CHARGEURS HAVRAISE I- J' /Mv MFMHFP Of AC r CONPOT T CHARGEURS RE UN IS f#* IM 12 M lIM ISM 17 M
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  • Page 20 Advertisements
    • 298 20 V u Hapag-Lloyd 10 CONTINENT UK v> 11/S 13/1 u/i a/t 27/ i a/a VI 1/1 11/1 ii/i u/i a/i a/i a/i 4/1* VU ii/a u/u iVM a/a a/a a/a EXPORTS 77/ i a/i 4/1 VI 11/1 12/1 2M a/i 21/1 21/1 vm i/a 13/u lva 2i/ii a/a 21/ M
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    • 331 20 FULLY CONTAINERISED SERVICE TO WMIPf VIA Sill 1 s M n hpr 1 ,h a 1 FROM fiIROPF VIA Sill/ J Mfmh A fill' ONISINi Hl\H> i mNl'h ;h sm!RI>:A aoat mjm s mi x/ns Ml kcm mjxm (i£ CONVENTIONAL SERVICE TO IRAN PERSIAN GULP «x yOL. INDIA STEAMSHIP EXPRESS
      331 words
    • 158 20 £tL //ui Sun Hup Co (Pic) I t d t I \M I K\ \K I K II!) STRAITS/JAPAN/STRUTS ES INTERMARITIME LTD taWl (ft* Afnt) M *****1 ttati (ft* l|at) M REUNION/SOUTH AFRICA SERVICE J u/i 11/1 m/i a/i a/i LINES L.i: :A...i/M;.!,;- lfl§l nrwTTT [ameroan Shipping Lines 5 P
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    • 485 20 r 6 EVERGREEN fjii Container Serve? Round-The-World East Bound (FE/C ARIB/USEC/EURO/Ft") 1 Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) •?2 !J2 *52 *12 *52 *52 J* vi u/i m/i im vm vm um u/m am am iw m w v> v* vi ivi u/i ivi a/i ii/m u/m u/m ivu a/u tvu d/m
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  • Page 21 Advertisements
    • 673 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE SIN NKQ KAO •TCH KEE 17/1 tVI TUt MM an i/i M is/t wi xtn •MUM MURQMAN (HOKKAIDO) *MTC MTACM INDONESIA CONTAINER SERVICE MUM *MTC VOW KOO S3 u. VOY BIM JKT PM
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    • 492 21 BENLINE CONTAINERS 19/19 If/It LI/iLiL LINE TO KW ZEALAND, PAHA NEW COMEA FUI AND SOOTH PACfIC ISUNDS SM HKG UC TA/W MTU TMMU BLUFF l/l 21/1 31/1 1/9 12/9 14/9 11/9 RMM $m tek/Tw top* TNW* Mt 11/9 14/9 M/ 9 20/9 22/9 24/9 I I fa mux HANJIN CONTAINER
      492 words
    • 305 21 <s u MM X I EEJ n/u s/m 24/1 VM 1/1* t*''.%■'• ftwV 'i 1:. ..'.yi^Hßgr r m *i *Qf £ae I DJAKARTA LLOYD INDONE S1 AN N \f W k ;<*>*: a T ..KQf.i; a; "I 111 i-vi n/t v/t m/t an n/u ant ant urn ivu u/ii wu
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    • 152 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SMPHM6 COBHMATMM (Burmese fWM Um) Loadbf for Sp mt PJMmi 1/2 VIN 2/4 ta| JIM/1* VII *1 4/5 17/21 tal 14/14 BANK LINE jji; I HYUNDAI &1\ MERCHANT MARINE >i iv J, USA SERVICE PAOFIC/GULF/AILAimC PORTS Sport Hwa It Mm L4| hr M«ll 21/1
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  • Page 22 Advertisements
    • 816 22 jT n 11 iv LINE —KAWASAKI KISEN KAISHA, LTD.— Wm UK SMTkQML CMIAO NCI KPQK If MISTt UHRMO NLNMBO th| lOd I Oct MM 11 Oct m yoK UK VBMUOIOM.CO fl. QKTZMJkCAJMTU UOWBD COBKTO PT.CKM ikm »s* ,#d 40tl ,ttd ,0d rnai m cm fjurm rnM pxmoio vmm im fammk
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    • 339 22 tsnamnvj ia« CALABAR ill 17 A« esnam* v 711 u# CALABAR V7l II S«p« FT U ffM Sy* Mm tta Kht 3 1 Sflpt AM/tm 17 S*?t S* ?4S*»ABN/Br« t Oct 15 Oct 13 Oct AM/Brn Oct 3Nn INm ABN/Bm Jt Ti 4H*A 5* USA ATLANTIC/EAST CANADA SERVICE »fei ha
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    • 396 22 GOLDEN LINE GUM OWN SHrmS (TO) LID MM H« KL nam (M IMS) SnUUTS/KItSMII GULF sonnet; '«-f--fldua MMB UM+o/tKthmm Qrtm 11/12 ta| hWHm QOUO KM Cill uto /MfUfc/Oifci/Mwi/K—> H/» VI I ■1 7/1 Wl a/i a/» \n/t I 7/» 22/9 2V» I »/1 r~ M POaJSAHMN KUTMUW KALIMANTAN UKCT WEKLY
      396 words
    • 307 22 BREAKBUIK SERVICE TO EUROPE/UK fpn t. Mai Im*| IkkM aOT/MR/W it/i urn mm r®) i» PHILITRON SHIPPING AGENCIES PTE LiD it .JBf in i!Ni TE i f RS ?8 *?0 PHII I Vt VtWt Wtn/t W vt u/t 14/1 r 'r» c r—T La i Fa Sl, If. .5 lJu
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  • Page 23 Advertisements
    • 625 23 onirruiu tunuo) auiuptoj) ■■•j •*> NOL .ORIENT LINES LTD mwt Knccntin cn w ttmv zmm msm iimn *****22 muu anKTUB 27mih "wn« to kmri U*t m*Mh. pkw al *****44 NDUK SOU SO. 3MW/3MM4S/3MMS3/3M74M Kiaapr KPIM SON. WD. JM77I/24J41J4/*****38 tmm KMC SOU M. USSM/ONS^MMnWI/nTM} Lf 10 7/8) STRAUS/AUSTRALIA RESTRUCTURED N. AMERICA
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    • 245 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRFCT SERVICE TO P KEL ANG. PENANG, BUSAN INCHON CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE TO COLOMBO ARABIAN GULF RED SEA EC IND'A laMil/11l H* mtm Vmm M IE VI W I IV* wt lVt 14/1 wt tut
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    • 380 23 m sinsov SINGAPORE SOVIET SMPPMG CO PRIVATE LTD SMSOV BULOM6 55, Market Street Sincapore 0104 Tel: *****33 (15 Um) Te Cable Address SMSOV SUGAPORE Tetei Numbers IS ***** OS ***** RS ***** t. KELANC H/S MMMTIMN son m W. IST MO 2ND aooit. NO 1. MIAN COTENM6. PORT UANG. MALAYSIA
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    • 7 23 \f/ /S///N TSV I.l\l J>P«N HOMtNOfC ■*ifV
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  • Page 24 Advertisements
    • 385 24 [nWI REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) VESSEL i i —m 4-4/* |T)M 54/« TWM I 74/S 9-11/1 10-10/1 12-13/S 14-15/1 irTi "iftspzi CE3E2ISI jCEIEESI HEEIEEII 1 1 |P I'■ I'f'AM>-i lEl'fll sm t*AJ MALACCA STRAITS FEEDER SERVICE TWCE MEEKLY TO PENAN6/lEEJQ.Y TO P-ttUNG/FMTNBHTIY TOKLMMH Lull n ro
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  • Page 24 Miscellaneous
    • 164 24 Regional Weather^ n v VA 9 y V'' 1 7 it SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MOtWUNQ. *c O w Wtnd direction with speed in knots Wave height LEGEND: R Thunderstorm #C with speed in knots V Shower R«n Wave height Cloudy Sky Surfoce winds are
      164 words

  • Page 25 Advertisements
    • 78 25 FT 2EC stok UIUT. JKT 242S0SS/*****5C/2424M</*****93 3(*****/4 TEXMMM. 3US3SI/2 (*****/(*****/(*****/*****3 *****3/*****5/*****1/*****0 22SSSI/2211(t/222t35 *****22 35(374/3554(7 FAR EAST/EUROPE CONTAINER SERVICE [fTTTTZI n nrrMrmarrr^jElM rrm 1 a iehbim g —■a ;7 i3ZM' T irTTMgi ii.! immipi —tthtbittttmict!!' imrf n ii .r ■BgirnrMjzJMr'TßrTMrr-MiJiMFTT-Mi ■tnum EjEM Otto, cm MRUS It CMfiO TO Wfi. VN ft
      78 words
    • 73 25 TFS •NTFDNATIONAL Zl'lZZZ' TRANSOCEAN (Ml SDN BHD COLUMBUS LINE REEDEREI GMBH (XPRfSS SEMI CONTAINfR SIRWICf U ruil V'MI'FI^GI mm 21/11 2S/11 mi n ILI rr ma Eta ltd Pwli—tin 30/7 2/8 CHTTTAGOHG 2/8 4/8 MAMAS (INDUCEMENT) 8/8 14/8 CALCUTTA CARGOGULF LINE COLOMBO TO WMhiy LCL/FCL: MANILA, TYO Bookings Moc-N«h Awtcm
      73 words
    • 110 25 Scan Dutch V vmmrm* TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) 1/1 VI Vt I to-w«N iyi b.mvz7l wt wt vi 12/1 I BIFMMVIM iai (SCOTLAND) SEA-MEDITERRANEAN A ta Ihck/fSCt RtaßMrt/CM TO HONG KONG-TAIWAN-JAPAN -CHINA* HONG KONG P. KELANG VESSEL FROM EUROPE S)arSBLLEt 4) RDAM 1) GtURG 2) H'BURG FROM JAPAN-TAIWAN-HONG KONG N/7
      110 words

  • Page 26 Advertisements
    • 254 26 K&S LINE JAPAN STRAITS SE RVICE SANKYO LINF (S) PTE LTD CENTRAL GULF LINES io as. mimic m mt m mm r*. m mm* a. a u-m/i m-u/i M-ii/i 17-im u-tt/t m/« a-n/t awi an vn Gooorol Agents: Marco SMapiwa Co (No) Ltd, Siogoporo 12*5561 I It M l AfMtK
      254 words
    • 241 26 Ct MOL MilscjOSK Lines Ltd m CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK KRITI GARNET NEDLLOYD MOJI 26 Aug Port Louis. 10 Aug Mombasa. 15 Aug Mombasa. CONTINENTAL PARTNER 11 Aug P. Neire. Monrovia. Abidjan. +Lome, Apapa. Tama Rmks: Subject Inducement. AFRICA'S i NO C S A VAAL 9 Aug Durban. P. Bte. Capetown
      241 words