The Business Times, 22 August 1986
1986-08-22
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The Business Times
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Title Section12 1986-08-22 1 BUSINESS TIMES M.C. (P) No. 182/12/85 FRIDAY, AUGUST 22, IMC 75 CENTS12 words
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Article, Illustration557 1986-08-22 1 ALVIN TAY - Sharp rise in number of employers brought to court for defaulting on contribution By ALVIN TAY A PICTURE of the developing economic pattern in Singapore emerged yesterday from the Central Provident Fund. While it had to report a sharp increase in557 words
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Article, Illustration533 1986-08-22 1 MANO SABNANI - By MANO SABNANI THE PRIME MINISTER yesterday re-entered the public debate on two recently introduced laws relating to killer litter and foreign publications circulating in Singapore. On killer litter, he made it clear that the HDB would go ahead with its plan533 words
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301 1986-08-22 1 THE ECONOMIC TIES between Brunei and Singapore were based on the deep trust the leaders of the two countries have in each other's long-term intentions, the Prime Minister said yesterday. Speaking at a press conference at the Polo Club in Jerudong Park,301 words
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Article, Illustration87 1986-08-22 1 BHARE PRICES rate aeraas a fairly bread treat m the Btngapnv stack exchange yesterday gieetea lewer-nners. The paaltlve •eatimeat spilled ever to the rest ef the market aad the final seereheard ■hewed 128 gators to 88 lasers. Ma Jar market ladleee made geed galas for the first time87 words
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Article, Illustration370 1986-08-22 1 MONICA GWEE - By MONICA GWEE THE MEDIUM really was the message yesterday when Business Times kicked off its new advertising campaign by covering a whole page of The Straits Times with a surreal painting. The campaign will incorporate other illustrations showing that things are not always what370 words
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682 1986-08-22 1 MARGARET THOMAS - By MARGARET THOMAS, Special Correspondent MOVES ARE UNDER WAY to give Parliament powers to imprison or expel members found guilty of dishonourable conduct, abuse of privilege or contempt. The existing punishments are a reprimand, suspension from Parliament for the rest of682 words
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Page 1 Advertisements
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Advertisement91 1986-08-22 1 _?_`&@!-!.,|-+^>/|/^>])&|;*/++` Challenges Met, Opportunities Realised. At Banque Indosuez, we turn challenges into opportunities. We have applied our expertise in Treasury, Foreign Exchange and Capital Markets and have designed new products, techniques and strategies to help you cope with increasingly complex and difficult currency and interest rate markets. Banque Indosuez can91 words
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Advertisement254 1986-08-22 1 wort rtpom, rtg# 10 mm OUR VIEW THE CENTRAL PROVIDENT FUND has undergone many changes in recent years, mostly to the benefit of Singaporeans. More changes are likely. Though members moy not get all they want, it may be reasonable to expect greater flexibility in the use of funds, so254 words
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Advertisement0 1986-08-22 1 (|<={}{)~'*^$)_)=$){`.'})><$,"$0 words
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Advertisement50 1986-08-22 1 MINOLTA ADVANCES ZOOMING STYLE REDEFINED PIERRE BALMAIN WFtm,. i.: 3 r k> v r A |B| pieroe balmain ISSSI parts Pierce Balmain Boutiques The Pavilion Inter-Continental *01-05 1 Cuscaden Road Singapore 1024 Td: 734 5404 Pierre Balmain Comers Metro Grand. Lucky Plaza Metro Scotts. Scotts Centre Printemps. Meridien Shopping Complex50 words
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HOME NEWS
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374 1986-08-22 2 ELAINE KOH - 1,959 rooms coming to market By ELAINE KOH AFTER a series of delays, firm opening dates have now been set for the three hotels and shopping centre in Marina Square. They were announced yesterday by Marina Centre Holdings Pte Ltd, which owns the374 words
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803 1986-08-22 2 ALVIN TAY - By ALVIN TAY THE NUMBER of employers taken to court by the Central Provident Fund Board for non-payment of contributions soared by 74 per cent to 6,234 last year. The CPF's 1985 annual report said that prosecution actions enabled the board803 words
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492 1986-08-22 2 WHEN the Central Provident Fund's new minimum sum scheme is announced in Parliament on Monday, it will be yet one more development in the fund's 30 years of growth. According to the CPF Board, the scheme details of which will be announced by492 words
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404 1986-08-22 2 MOBIL yesterday introduced two types of credit cards, the first of its kind in Singapore, for customers. The Mobil Fleet Card and Mobil Dealer Card are part of the oil company's $3 million automation programme to have unattended stations eventually. The Mobil Fleet Card404 words
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417 1986-08-22 3 GOH YEE LING - By GOH YEE LING UNLESS the packaging industry is prepared to break out of the "cheap, cheap syndrome", it will remain well behind its counterparts in the West as well as in the more aggressive newly industrialising countries. This warning was sounded417 words
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475 1986-08-22 3 ELAINE KOH - Purchases this year estimated at 10m By ELAINE KOH THE QUALITY of computer peripherals and components supplied by local manufacturers has helped persuade ICL Singapore to set up a purchasing office here, with ad hoc purchases this year amounting to $10 million.475 words
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Article, Illustration421 1986-08-22 3 PHILIPPINE President Corazon Aquino will deliver a speech (Hi foreign investment policy at a luncheon meeting to be held by the Singapore Federation of Chambers of Commerce and Industry (SFCCI) next Tuesday. The meeting is part of the Philippine President's official itinerary421 words
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366 1986-08-22 3 A GUANGXI trade delegation from southern China now in Singapore is looking for foreign investors for some 34 projects valued at US$2OO million. Singapore companies are now negotiating for two of the 34 projects which are mostly for manufacturing and primary industries. One366 words
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200 1986-08-22 3 A CHANGE in salary structure to cut overtime costs has been concluded between Far East Levingston Shipbuilding Ltd (FEL) and its union. The deal, to be effective next month, will not cut the overall salary of the rig builder's 666 bargainable staff. But200 words
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Page 2 Advertisements
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Advertisement102 1986-08-22 2 Next Saturday, we'll establish a link with the future. Today, the picture is not complete. But next week it will reveal the future technology of Bang Olufsen. Interlinking your entire sound, speakers, television and videorecording systems. Commanding performances from your hand. With one touch. From any room in your home.102 words
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Page 3 Advertisements
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Advertisement107 1986-08-22 3 <PlflHi3ASiltifttt'B6 86' Commodities Fair of Guangxi, China Textiles Silk Arts Crafts Light Industrial Products Machinery Machinery Equipment Chemicals Medicines Health Products Cereals, Oils Foodstuffs Native Produce Animal By-products Metals Minerals Nonferrous Metals Organised by: Guangxi Zhuang Autonomous Region Import Export Corporation. 22nd-29th Aug '1986 Wt 11.00 A.M. 9.00 P.M. Negotiation:107 words
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Advertisement70 1986-08-22 3 THE HILTON BRITISH AIRWAYS PLAYHOUSE PRESENTS s-.V PETER HELEN WYNGARDE GILL ROY BOYD TONY CAUNTER PAUL BLAKE ANNABELLE LANYON WITH JAMES GILL-CHRIS JACOBS I 7 WAIT UNTIL DARK THE SPINE CHILLING THRILLER BY FREDERICK KNOTT I t v CYRIL FRANK EL DEREK NIMMO by TERRY PARSONS cS^ fir, •>* e70 words
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ASIA-PACIFIC
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416 1986-08-22 4 AP JAPAN will take a "neutral" stance towards the Soviet Unions's request to take part in General Agreement on Tariffs and Trade (Gatt) multilateral trade talks. A senior government official in Tokyo yesterday said: "We neither welcome nor reject the request," noting thatAP - 416 words
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370 1986-08-22 4 Reuter A SMALL MAJORITY of New Zealanders would abandon the country's anti-nuclear policies to stay inside an operational defence pact with Australia and the United States, a committee set up to determine public attitudes to defence has said. The panel said its opinionReuter - 370 words
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248 1986-08-22 4 UPI THE SOVIET-AMERICAN wheat deal has given birth to a dangerous political coalition of factions from the far right and the far left in Australia, Western Australia Premier Brian Burke has said. Mr Burke, addressing a luncheon of the AustralianAmerican Chamber ofUPI - 248 words
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215 1986-08-22 4 UPI SEVENTY-SEVEN developing nations, discussing greater economic cooperation among themselves, are drafting a "Cairo declaration" for future joint efforts and to recommend reforms of the world economic system. Plenary sessions at the "Group of 77" conference recessed on Wednesday to allow delegates to travelUPI - 215 words
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129 1986-08-22 4 Reuter THAILAND plans to use countertrade arrangements as an alternative means of acquiring arms and military equipment from its traditional suppliers. Commerce Minister Surat Osathanugrah said the move will help promote sales of Thai commodities which have faced severely depressed prices inReuter - 129 words
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412 1986-08-22 4 UPI JAPAN'S voluntary restraints on car exports enabled that nation to create a cartel arrangement that raised prices for American consumers and increased profits for Japanese car manufacturers, a research report indicates. The report by the Study of American Business at Washington University challenges theUPI - 412 words
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Article216 1986-08-22 4 AFP OUSTED Philippine president Ferdinand Marcos and his wife Imelda used an elaborate code to pass messages to overseas representatives about secret foreign bank accounts, it was reported in Honolulu on Wednesday. The Honolulu Advertiser said it had obtained copies of documents presented to theAFP - 216 words
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Article965 1986-08-22 4 ARRIVALS Operator Sorvico number Locol time From SIA SQII7 0005 KUL UA UA805 0010 JFK/SFO/HKG FT FT7I 0044 JFK/BOS/ORO/ ANC/NRT/ MNL/TPE RBA BI443 0330 BWN sv SV398 0440 JED/RUH KAL KE697 0615 SEL MAS MH681 0620 KUL MAS MH811 0910 PEN SIA SQ43 0920 DHA/KH MAS MH671965 words
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Page 4 Advertisements
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Advertisement151 1986-08-22 4 r r 1 ROOM RATES. U> 4*U Z 5 2* Bo *>*.?* N <Or>,.. 5 <i, FIVE STAR HOTEL FIVE STAR VALUE No minimum stay requirements, no special pce-requisites, no gimmicks. Offer valid till 31st December 1986. Stay in the luxurious Century Park Sheraton Singapore and enjoy 5-star service in151 words
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Advertisement130 1986-08-22 4 r 4TH lEEE WORKSHOP ON i LANGUAGES FOR AUTOMATION Tutorials: Aug 25 26, 1986 Conference: Aug 27 29,1966 at the Institute of Systems Science The tutorial program (US$2OO for 2 days) will cover areas in Expert Systems for Business, Office Automation, Visual Languages, VLSI-CAD and Microprocessor Design. TUTORIAL HIGHLIGHTS Aug2s130 words
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Page 4 Miscellaneous
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Miscellaneous41 1986-08-22 4 Doonesbury mortem em mAß&opmjw 60NNA urn VOTE wyz E <tV ef I I CM OF SANTA BAR- &i MAKIN6 BAMOWNANCS. nuiBGAL Ue'fiSmfNGTD -JO SLEEP* CURB HOMELESS--5»" BY GARRY TRUDEAU m m *1* <st t r jfi gs^s. W 5 4 v\v41 words
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REST OF THE WORLD
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448 1986-08-22 5 FT THE EUROPEAN and US music industry believes its future could be in jeopardy unless the Japanese electronics industry agrees to its demands concerning the introduction of a new music medium, known as digital audio tape (DAT). The music industry wants EC legislation toFT - 448 words
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Article132 1986-08-22 5 Reuter THE WEST GERMAN economy is on a clear expansion course with company investment and private consumption the main support for growth, the Economics Ministry has said. The ministry's latest monthly report said the weak phase of the economy last winter had been overcome. StrongerReuter - 132 words
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279 1986-08-22 5 AP DELEGATES to the long-stalled Stockholm security conference resumed negotiations with vigour and optimism after the Soviet Union agreed to mandatory on-site military inspections, according to a Western delegate. West German ambassador Klaus Citron told a news briefing on Wednesday that delegates to the 35-nationAP - 279 words
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Article, Illustration220 1986-08-22 5 UPI PERU'S economy is moving ahead despite financial restrictions imposed by lenders, including the International Monetary Fund, following the country's failure to pay its foreign debt, Prime Minister Luis Alva Castro has said. In a report to Parliament on Tuesday, Mr Alva Castro saidUPI - 220 words
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563 1986-08-22 5 Fed reduces discount rate to 5.5 pc THE Federal Reserve Board has cut its primary lending rate to 5.5 per cent, from 6 per cent, in an attempt to stimulate the struggling US economy. The reduction on Wednesday, the central bank's fourth this year,563 words
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349 1986-08-22 5 FT BRITAIN'S National Institute for Economic A Social Research has called on the UK government to throw its weight behind the US in urging West Germany and Japan to boost their economies and help the world to recover from the currentFT - 349 words
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117 1986-08-22 5 AFP TWO MAJOR South African banks said there were few signs that confidence was returning to the country's economy, which is deep in recession and facing growing threats of sanctions. Barclays Bank said on Wednesday in its latest business brief that mostAFP - 117 words
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Page 5 Advertisements
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Advertisement234 1986-08-22 5 Hexagon brings the financial market-place to your office. "m"- 1 Ww®** A 111 m it Hi iiin fJi ;ii i Ml Welcome to Hexagon MARKET INFORMATION To keep one step ahead in the money market, you need accurate information and you need it fast. Hexagon, Hongkongßank's corporate electronic banking system,234 words
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RAW MATERIALS
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Article378 1986-08-22 6 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt ***** I7650N 175 50 I76 50N kit 1 RSS Sep 86 175 50 ***** ***** ***** Int 1 RSS Oct 86 ***** 175 25 174 50 175 00 kit378 words
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Article361 1986-08-22 6 SINGAPORE The market closed quietly steady yesterday with September One RSS buyers quoted at 175.25 cents per kg, up 0.25 cent from Wednesday. The morning session gained 0.25 cent on light buying interest in thin trading, dealers said. Prices were little changed in thin afternoon trading due to lack361 words
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Article102 1986-08-22 6 (cents/kg, 1-ton pollers) SE pj w OCT 86 (current month) (forward month) RAS NOON NOON Buyer* Sellers Buyers Sellers SSR 20 157 50 I59 50N 158 00 160 OON SSR 50 154 50 156 SON 155 00 I57»00N MRELB Buyers Sellers Buyers Sellers SMR CV 238 00102 words
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Article257 1986-08-22 6 SOYBEAN FUTURES on the Chicago Board of Trade closed down one cent to 4V« US cents per bushel on Wednesday, in spite of a rally in August at its noon expiration. September settled at USSS.I9H after posting a 4 '/j -cent range on the day. The outlook for another257 words
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Article86 1986-08-22 6 THE PRICE of tin on the Kuala Lumpur Til Market slipped two cents U MJ14.13 per kg yesterday on renewed selling pressure after being nnchanged the previous two days. Dealers said miners who were holding back disposals were beginning to oeU to obtain funds. Turnover fell to 8186 words
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Article191 1986-08-22 6 MALAYSIAN crude palm oil prices were mixed at yesterday's close 011 light covering and reserve of buyers, with weaker overnight Chicago soyoil futures partially dampening sentiment. Trading was thin as operators preferred to wait for the outcome of India's weekly palm oil import tender before taking up fresh191 words
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Article171 1986-08-22 6 WHEAT FUTURES on the Chicago Board of Trade closed mostly lower on Wednesday in quiet dealings, ranging from down 2'/j US cents per bushel in September to up cent in new crop July. September settled at USs2.sl'/« after posting a 2 V*-cent range on the day. The outlook for171 words
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Article158 1986-08-22 6 Chinese Product Exchange Setters' noon closing prices on Aug 20 (SS/100 kg) Robusta 20/25%' FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW 510 00 1355 00 1256 00 i Coconut oil BuHc FOB 43 00 Gambier 330 00 Old drum FOB 56 00 FOB NSW New drum158 words
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Article65 1986-08-22 6 Bangkok (USS/too*., FOB) Broke* Rice A-l Super A-l Special 130 127 White Rice C-l Special C-l Od unq unq 100% 1st class 100% 2nd ckns 230 Loonzoin Rice 100% 3rd ck»s 225 100% 1st grode unq 100% 2nd grode 225 5% 2(5 100% 3rd grode unq 10% 210 15%65 words
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Article689 1986-08-22 6 COFFEE Robusta futures closed about £40 to £45 per tonne up on Wednesday after a late technical reaction and profit-taking wiped out about half of the day's strong gains. Second position November finished at £2,060 per tonne, against £2,020 on Tuesday night, after a high of £2,115. There689 words
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Article88 1986-08-22 6 OIL PRODUCTS THE SINGAPORE petroleum products market was noisy but largely untraded. Japanese demand for September kerosene pulled numbers up a further 50 cents/bl but most other products were stable. Closing prices for crude (fob origin) US$/borrel Chonge Dubai (Sep) 1190 -0.30 WTI, West Texas Intermediate, (Sep) 15 20 +0.2088 words
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Page 6 Advertisements
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Advertisement331 1986-08-22 6 search for rr excellence Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who made the most notable contribution to business in 1986. And this year we are also331 words
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TECHNOLOGY
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BITS & BYTES
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Article, Illustration109 1986-08-22 7 THREE Chinese scientists in the biotechnology field have received the prestigious Inventors of the Year Award for 1966. The award was given to David F Mark, Shi-Da Yi La aid Lm 8 Lin (left to right) for their work on in-terleukin-2 (IL-2), a "magic bullet" that109 words
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Article93 1986-08-22 7 SIX MAJOR Japanese semiconductor makers NEC, Hitachi, Toshiba, Fujitsu, Matsushita Electronics and Mitsubishi will lower their investment in plant and investment to 312 billion yen this year. This is 30 per cent lower than that in 1965, and the second consecutive decline in two years, said93 words
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Article, Illustration98 1986-08-22 7 WIND HAS increasingly become a good cash generator. In 1965, some $4 billion of wind generators systems that harnessed wind to generate electrical and other forms of power were sold, mostly to developing countries. In Germany, a number of major companies are pushing forINP/dpa photo - 98 words
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Article171 1986-08-22 7 Reuter THE PRICE WAR for the US small business computer market reached a new height following the announcement yesterday by South Korea's Hyundai group that it will introduce an IBM compatible model that is priced at US$2OO lower than the cheapest model in the market.Reuter - 171 words
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380 1986-08-22 7 HEWLETT-PACKARD (S) has clinched two orders from the National University of Singapore that will help the company to secure its position as a major supplier to the local education market. The first is an order for 50 computer-aided-engineering/ design/manufacturing (CAE/ CAD/CAM)380 words
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Article296 1986-08-22 7 MAD SCIENTISTS they may never be, but about 50 young, innovative minds want a chance at becoming Singapore's top inventor. The hopefuls, including university and polytechnic students as well as graduates in the industry, are vying for the Tan Kah Kee Foundation's Young Inventors Award.296 words
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183 1986-08-22 7 J F ENGELBERGER, well known as the father of robotics, will give the keynote address and conduct an open forum for the first half-day of the Advanced Manufacturing Systems (AMS) Conference. Mr Engelberger, who has written several books on robotics and who has appeared183 words
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467 1986-08-22 7 MARTIN SOONG - By MARTIN SOONG INTERNATIONAL Business Machines (IBM) intends to sell some US$7 billion worth of national language computers over the next five to seven years in the Asia-Pacific region, its Singapore manager John Wong said yesterday. Speaking at the banquet held for participants of467 words
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Article, Illustration273 1986-08-22 7 CONFUCIUS might have balked yesterday if he had heard Dr Peter Leimbigler quoting verses, in classical Mandarin, from the Analects. But the sage would have been even more taken aback by the small computer the doctor was working at, which translated Hanyu Pinyin273 words
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Page 7 Advertisements
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Advertisement13 1986-08-22 7 o IP iu.jm Acoustic Covers for Computer Printers IMM* MM I—raw ffffw MvirMMMt13 words
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Advertisement176 1986-08-22 7 J *i <« o^XflmpMi Tfc I V 1 t /-y >• 4 v 4 v~f A HJil -"V r i ■> yr>, A. JL I V f V r*J > .U <\ f > 41 "i i •i fflU m f NV>v T**' St ar ;•'•>- y s 1 >176 words
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FEATURES
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Article534 1986-08-22 8 OLDER THAN independent Singapore, the Central Provident Fund is well approaching maturity. The fund has grown from $9 million in 1955, its first year, to more than $20 billion as it marked its 30th anniversary last year. More significant, however, is its change of character. What started534 words
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Article, Illustration2032 1986-08-22 8 REGINALD DALE - Crucial US Congressional elections are less than three months away and the immediate task for the Democrats is to regain control of the Senate. But the Democratic Party is facing a leadership vacuum as the older generation of leaders are on the way out. REGINALD DALE,FT - 2,032 words
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Page 8 Advertisements
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Advertisement191 1986-08-22 8 Fix the price ofgold arid win Carrier masterpieces. GO FOR GOLD" CONTEST The London Fixing Every morning in London, an unchanging tradition of the financial world takes place. A small group of men meet to set the gold price the London Fixing. They represent the big gold dealing houses of191 words
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Page 8 Miscellaneous
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Miscellaneous705 1986-08-22 8 CRYPTIC PUZZLE ACROSS 4 Cheapest towels, possibly? (6) 7 A heel's weapon? (8) 8 Jam and capers, possibly! (6) 10 What a dentist may do for a doctor, badly (5) 13 Pronouncedly weak for a time (4) 14 Bit of a teaser, but no bother (4) 15 Story of the705 words
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SPORTS
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283 1986-08-22 9 AFP SCOTTISH golfer Sandy Lyle has returned to his native country this week in a bid to rediscover the form which earned him the British Open title last year. The powerful 28-year-old, who failed to survive for the last two rounds when defendingAFP - 283 words
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Article171 1986-08-22 9 AP 808 TWAY will be seeking more than the U*****,000 first prize this week in the NEC World Series of golf. A victory in the elite event that began yesterday at the Firestone Country Club in Akron, Ohio, could virtually assure the PGA champion of PlayerAP - 171 words
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704 1986-08-22 9 AP AFTER A SUMMER of buying and selling among some top clubs, the English League soccer season kicks off tomorrow with Liverpool again a firm favourite to land the title next May. When crowd violence went down domestically last season and English fans wereAP - 704 words
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Article, Illustration567 1986-08-22 9 KZ-7 IS A BOAT "built in heaven" and its odd number means it is a certainty to win the America's Cup for New Zealand. At least, that's the opinion of Michael Fay, chief of the Kiwi syndicate. If heaven really is in New Zealand, Mr567 words
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Article, Illustration223 1986-08-22 9 AFP FORMER BRITISH number one John Lloyd played what he said was his last singles match in the Hamlet Challenge Cup exhibition tennis tournament in Jericho, New York, on Tuesday. Lloyd, 32 next week, lost to Califomian Brad Gilbert in two close sets. He lostAFP - 223 words
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221 1986-08-22 9 AP TOP-SEEDED Mats Wilander, and No. 4 Joakim Nystrom; moved into the third set of the, U*****,000 ATP championship* following tough second round,' matches on Wednesday. Second-seeded Jimmy Con- nors, of the United States, was scheduled to play Milan Srejber] of Czechoslovakia inAP - 221 words
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Page 9 Advertisements
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Advertisement100 1986-08-22 9 Keep a date with Sevvv Ballesteros the Sevv v 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-informed100 words
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Page 9 Miscellaneous
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Miscellaneous1380 1986-08-22 9 w sm mm YES, PRIME MINISTER The Grand Dttign 9pm, Channel 12 jjfej The wacky series returns VHH with the bungling Jim f J^Mj Hacker (acted by Paul Eddington, right), promoted Hk 1 mm VJH to Prime Minister and the il suave and quick-talking Sir Humphrey, head of the Civil1,380 words
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INTERNATIONAL STOCKS
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344 1986-08-22 10 FT BRITISH PRINTING Communications Corp (BPCC), Robert Maxwell's fast-expanding information company, has unveiled the terms of its agreed £355 million takeover bid for Philip Hill Investment Trust and announced plans for a US$lll million offer for Webb Company, a US magazine publisher. BPCCFT - 344 words
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169 1986-08-22 10 NYT FORSTMANN Little Co, the New York investment firm, has agreed to sell Dr Pepper Co to another investor group for US$4l6 million. The announcement on Wednesday came two weeks after it cancelled plans to sell America's fourth largest soft-drink company toNYT - 169 words
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288 1986-08-22 10 Reuter WALL STREET stocks moved ahead in the afternoon on Wednesday to close higher as interest rate-sensitive utilities and oil stocks led the way. Speculation about possible interest rate cuts added support to a market concerned about the sluggishness of the USReuter - 288 words
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Article135 1986-08-22 10 AUG 20 a 22* Imp Oil O A Inco Int Prov Pip* lu Inri 42* 16* 38 17* unch Ale on Alum 41* 13 Kerr Addnon 17 12* unch 15* Mc BkxM 38* unch Bank Of Montreal M Canada 32 38* Motion A Moore Cp 25* 33 Bp Rttourcn135 words
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Article212 1986-08-22 10 AUG 20 M Tongoot Tnat Bh 730 125 50 -5 unch inch MOUSTKIALS 1250 unch A A|pho Abarcom Aao 270 1375 -20 unch Anglo* IGS 5350 -325 Amaprop AMIC 4925 unch Angvod ***** 2275 75 1920 25 -75 5 BuHab 9950 150 75 C G Smith CNA 225 Chortar212 words
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Article649 1986-08-22 10 AUG 20 uss Ale on AJumn 29* Alcoo 36 V. Al«g M4 17* AWd Sag 41* Aftad Storei 50* AKOutMn 3* Am Brands Inc 93 Am Can Co 87* Am Cyanatrad 86 1* Am EWc Pwt 31* 1* Am Exprau 64* 2* Am Horn* Prod 92* Am Motors649 words
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Article846 1986-08-22 10 Amsterdam AUG 20 Ri AflN 592 00 -I ***** 4-13 Ahotd 9510 -1.6 161 40 -0 2 AMEV 81.30 -02 A/nro Bank 107 80 -I Am St ad 127 30 408 3900 ireh Boning 115 00 imkh Buatvman T«n*»ode ***** 1.5 Catv* 49 50 -0 5 Fokkar 81846 words
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Page 10 Advertisements
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Advertisement394 1986-08-22 10 m wlm, dim and ertalsi w m ir.V August 22 Liza TteO of Lizabelle 7.30 pm: Barbecue Buffet Dinner 9pm Fashion show by Carrie Models Price: $25.50 per person (pkjs m*scf\irr rharsr and 3%c rssi Menue: Poolside (sth floor) Royal Holiday Inn Singapore Please call 737-7966 ext 1662/1698 for reservations394 words
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Advertisement91 1986-08-22 10 London stock* on Pago 15 ■s V ®fVJbCE HOTEL Managed by Pnncr Hotels Japan Continuing the Pnnce Hotdi tradition of fncndly irrvior 270 Orchard 0923 Telex: RS ***** HCROWN Cable CROWNHOTEL Fa* *****18 Tel: *****11 t DAILY SPECIALS Executive Set Lunch A superb 4-coorse meal at only $2300++ per person,91 words
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ASIAN STOCKS
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Article345 1986-08-22 11 HONGKONG: Share prices yesterday closed steady on expectations of good results from companies due to issue interim reports for 1986 next week. The Hang Seng Index edged up 0.08 to 1,941.36 points and the Hongkong Index 1.28 to 1,214.50. Turnover rose slightly to HK5394.05 million from Wednesday's HKJ336.31 million,345 words
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Article277 1986-08-22 11 AUG 21 Al Srert Indus Asia C •merit NT 1 74 2300 30 10 0 07 02 Kuochan Dev In Chong Yum Chefn Indus Lien Hwa Indus Nan Yo Ptos 21 70 27 70 10 55 35 20 +04 +0.9 -0.05 0 1 Chang Hwa Bark 39 90 unch277 words
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Article380 1986-08-22 11 TOKYO: Share prices yesterday closed sharply lower on profit-tak-ing centred on domestic-oriented shares after 10 sessions of consecutive rises. The market average closed 260.64 lower at 18,675.60, after rising 59.88 in early trading. On Wednesday, the average increased by 143.63 to a record 18,936.24 close, its fifth successive record380 words
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Article82 1986-08-22 11 AUG 21 Wo« Kangwon bid 1159 1935 •21 -65 2385 -50 2000 25 555 -5 .49 Doawoo Corp 1635 •55 Doewoo Heavy Dong Ah Rw 1430 890 -40 33 Pootic Owned 1645 1190 2752 3615 1235 1680 70 10 78 150 48 -30 Dong Suh Stock Dongbu Staal Gold82 words
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Article349 1986-08-22 11 SYDNEY: Australian share markets yesterday closed firmer in brisk trading, boosted by further heavy support for leading gold stocks, including newly-floated Placer Pacific. Near the close of trading, the All Ordinaries Index was 1.9 points firmer at 1,179.5 and the All Re- sources up 5.0 to 656.2, while the349 words
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Article143 1986-08-22 11 BAN6KOK: The Securities Exchange of Thailand Index yesterday rose 1.63 to 146.22. Turnover amounted to 561,873 shares valued at 115.4 million baht. Manila's share prices were unavailable yesterday AUG 21 M«s Sxjm Camant Sam Cituans Sam Otaaos 621 IS Asa Rbra Ayudhyo Invattmant ok AgroM 33 SO 193 025143 words
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155 1986-08-22 11 Reuter WEST GERMAN company Otto Versand has agreed with Sumitomo Corp of Japan to set up a Japanese mail order business dealing mainly in textile clothing. The Otto-Sumisho Mail Order Corp Ltd will be a stock corporation based in Tokyo,Reuter - 155 words
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408 1986-08-22 11 FT ROBERT HOLMES a COURT, the controversial Perth-based entrepreneur, startled Wall Street on Wednesday by signalling his intention to acquire up to 15 per cent of USX, the Pittsburgh energy and steel group known formerly as US Steel, in a moveFT - 408 words
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115 1986-08-22 11 AP JAPAN'S Nippon Steel Corp, the world's largest steelmaker, has set up a joint venture with NV Philips of the Netherlands and Nippon Chemi-Con Corp of Japan. The venture will produce and market ceramic electronic components in Japan, a company announcement said. TheAP - 115 words
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Page 11 Advertisements
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Advertisement510 1986-08-22 11 «j |T* I j x X am M N to dlsi@ aai •r Rendezvous in the Park Cafe in the Park. On green, exclusive Nassim Hill. Discover international and local favourites done to perfection. Prawn Mee. Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. Plus a whole lot more. All510 words
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Advertisement83 1986-08-22 11 $12.50 Children be'o* 1 2 years old S9 00 BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES VI Jf Lunch Hours; 12 noon 3pm 10% service charge &3% government tax not included. 19, Ceirnhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** What's So Special at Window on the83 words
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BANKING AND FINANCE
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596 1986-08-22 12 MBT, NST THE MALAYSIAN government is expected to announce its decision on the findings of Bank Negara's investigations into 24 deposittaking cooperatives before the end of the month. J A statement from Bank Negara said Finance Minister Daim Zain- uddinMBT,; NST - 596 words
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264 1986-08-22 12 FT THE ARGENTINIAN currency, the austral, continued its decline against the US dollar this week in Buenos Aires money market, in response to continuing worries about the stability of the government's economic programme and its ability to rein in inflation which jumped by 6.8 per centFT - 264 words
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Article77 1986-08-22 12 Reuter THE TAIWANESE central bank issued NT$5 billion worth of certificates of deposits (CDs), raising such issues to a record NT5134.8 billion so far this year. An official said the bank issued NT$27 billion of CDs for the whole of 1965. He said more CDReuter - 77 words
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Article76 1986-08-22 12 Reuter THE INTERNATIONAL Bank for Reconstruction A Development, an arm of the World Bank that lends to developing countries, said it was borrowing US$25O million through a bond offering. The 8.25 per cent bonds maturing Sep 1, 2016, are being offered by Morgan Stanley A CoReuter - 76 words
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MONEY AND EXCHANGES
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Article768 1986-08-22 12 SINGAPORE: The US dollar recovered against most major currencies yesterday in moderate late trading to close higher compared with New York's levels. Short-covering interest and fresh buying at the lower levels in the afternoon helped the dollar to firm after weakening in the morning on news the US768 words
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Article447 1986-08-22 12 BA Futures EURODOLLAR futures gapped strongly at yesterday's opening on the Simex following the Federal Reserve's discount rate cut. December Eurodollar opened nine ticks higher from the previous close at 94.07 but was sold off to 94.05 on profit-taking. The contract was however, well supported at this level asBA Futures - 447 words
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Article114 1986-08-22 12 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-7/8 per cent yesterday, down 1/2 point from Wednesday's close. The one, two and threemonth term rates fell by 1/16 point each. S$ Interbank rates at 7pm yesterday: Otter Bid Ovefn.ght 3 7/8 3 3/4 1-month 4114 words
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Article, Illustration338 1986-08-22 12 Asian market ASIAN DOLLAR deposit rates closed easier yesterday in moderate trading on increased lending interest. Dealers attributed the lower rates to news the US Federal Reserve cut its discount rate to 5.5 per cent from 6 per cent and also to a 1.8 per cent fall in US housing338 words
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Article229 1986-08-22 12 Interbank rates at 3pm yesterday: Local dollars to Bid OBor a mm parity one unit of foreign currency US dolor 2 1500 2.1510 ***** •23 75 Sterling pound ***** 3 2243 ***** -56 16 Australian dolor 1 3201 1 3228 ***** ■61 50 NZ dolor 1 0459 1229 words
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Article251 1986-08-22 12 HONGKONG: The metal closed firmer yesterday but off its highs due to late profit-taking by overseas interests. Bullion settled at US$3BO/ 381 an ounce against an initial U*****.50/382.00 compared with New York's U*****.60/379.10. Dealers noted a round of overseas buying at noon which triggered follow-suit purchases by local investors251 words
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Page 12 Advertisements
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Advertisement455 1986-08-22 12 ia JK m i® m PAN MALAYAN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of Pan Malayan Holdings Limited wishes to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 1986 GROUP HALF YEAR TO COMPANY HALF YEAR TO 30/6/86 30/6/65 lncreaae/(Decreaae) 30/6/86 30/6/85455 words
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Advertisement65 1986-08-22 12 Central Bank of India London Branch U5525,000,000 Negotiable Floating Rate Certificates of Deposit Due August 1987/88 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the six-month interest period from 22nd August 1986 to 23rd February 1987, the Certificates will carry an Interest65 words
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SHARE INFORMATION
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Article, Illustration4208 1986-08-22 13 INVESTORS, convinced that there was little downside to the market, lent their buying support at the Singapore stock market yesterday and sent most share prices higher by the end of trading. Right from the opening bell, the trading tone was firm and this4,208 words
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Article266 1986-08-22 13 SINGAPORE Risos ll ndicM Am 21 til BT Drtcb 474 34 BT Compovtt Am 20 6B1J8 A T 22* 240 29 8T Indicator *****971 *****142 A1M mm 50c ISO +25 BT OB/OS 169 +275 J»M| Eao 50< 296 Koatarty Sear* 310 22 BT Cadi -6532 -6455 20266 words
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Article3559 1986-08-22 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,559 words
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COMPANY NEWS
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Article, Illustration495 1986-08-22 14 HOMER CHEN - Seeking acquisitions to increase earnings W By HOMER CHEN METAL CONTAINERS LTD is worth a punt, even though it incurred losses last year and is expected to lose money again this year. Hongkong stockbroking firm, Sun Hung Kai, gave the packaging container manufacturer a "speculativeSource: Sun Hung Koi - 495 words
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481 1986-08-22 14 BLUE CHIPS and selective Singapore counters shone at the Kuala Lumpur stock market yesterday but low-er-liners were lethargically traded and only managed a marginally better performance. Most component stocks rose sharply to pick up double-digit gains and a few seldom traded Singapore counters481 words
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Article228 1986-08-22 14 Taagkah Holdings Berhad: EGM at Conference Room No 3, 1st Floor, Merlin Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, today at 10am. C K Tug Limited: 26th AGM at 310 A 320 Orchard Road, Singapore 0923, tomorrow at 10.30am. Raxy Electric Industries (Malaysia) Berhad: 18th AGM at Ming228 words
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245 1986-08-22 14 METAL CONTAINERS LTD yesterday announced that Carlee Electronics Pte Ltd had on Aug 19 approved the allotment of 2.0 million of Carlee's new shares to five parties. Riviera Development, a 53.16 per cent owned subsidiary of Metal Containers, gets the lion's245 words
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Article, Illustration335 1986-08-22 14 MBT Mai .a VAN BANKING chief executive, Wan Azmi Wan Hamzah, has tendered his resignation to the bank. Wan Azmi, whose family from Kelantan is believed to be in manufacturing, said he would concentrate on his family business. Appointed in March 1985 to take over from DatukMBT - 335 words
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Article108 1986-08-22 14 HONGKONG Hongkong Index Thursday 1214.50 Wednesday 1213 22 Week ago 1203 75 Hong Song Index Thursday 1941.36 Wednesday 1941.28 Week ago 1925.16 All Industrials Thursday 1870.0 Wednesday 1872.2 Week ago 1835.9 NEW YORK Dow Jones Wednesday 1881.33* Tuesday 1862.91 Week ogo 1844.49 TOKYO Nikkei Average Thursday ***** 60108 words
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Article246 1986-08-22 14 Monogcn' priccs for Aug 22 wnQApOrf Unli 1 rUSi The Commerce 0 85 0.91 The Savings Fund 0 78 0.84 S'pore Prog Fund 0 35 0.39 S'por* Sec Fund 0.59 0.64* S'pore Invest Fund 0 59 0 64 S'pore Equrty Fund 0 42 0 46 Atta Unit Trust246 words
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Article2170 1986-08-22 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 •hown In brackets in lots of 1,000 units unless otherwise specified., MDUSTRMLS Aetna (187B) xd Ajmomoto (3006 310S) (I) 300 Alcom2,170 words
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615 1986-08-22 15 mm™ By HOCK LOCK SIEW UPI LONG-SUSPENDED counters could learn a lesson or two from Unilite Electrical Industries Bhd and United Pulp paper Co Ltd on the secret of getting relisted. Unilite managed to do it after eight years of suspension and UPP looksBy HOCK LOCK SIEW; UPI - 615 words
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420 1986-08-22 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI AFTER an exceedingly difficult period in 1985/86, manufactur-ing-based Malaysian Aica Bhd has been busy battening down the hatches and preparing for another tough year of business. For the fiscal year ended March 31, 1986, the group saw its pre-tax earnings severely420 words
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Article649 1986-08-22 15 SHARES yesterday met renewed demand at the opening mainly in response to Wall Street's 18point gain on Wednesday and buoyed by the half percentage point cut in the US discount rate, dealers said. They said the fall in the US discount rate to 5-1/2 per cent took some649 words
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463 1986-08-22 15 NAJEEB JARHOM - Wannian sells loss-making subsidiary and rakes in gain of 1.25m By NAJEEB JARHOM WANNIAN HOLDINGS will make a net gain of $1.25 million from the sale of its whollyowned subsidiary Shenzhen Sungang Warehouse Enterprises Ltd (SSWE) to Hongkong-based Guan Xin Enterprises Ltd for a token HK$lOO. The company, whose shares463 words
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Article, Illustration629 1986-08-22 15 CHAN OI CHEE - Two large construction projects under study By CHAN OI CHEE HWA HONG Corporation, whose shares have been heavily traded on the stock exchange in recent days, is poised to break into new markets and new businesses. In joint-ventures with other leading local companies,629 words
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Article64 1986-08-22 15 DATUK Alexander Yu Lung Lee, who was recently appointed Deputy Agriculture Minister of Malaysia, has resigned as a director of Roxy Electric Industries (M) Bhd. Datuk Lee resigned as a director of Development Commercial Bank on Aug 11. He won the Batu parliamentary seat64 words
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110 1986-08-22 15 Reuter THE HONGKONG and Shanghai Banking Corp yesterday announced that Hongkong businessman Sir YK Pao has resigned as an adviser to its board. The bank said in a statement that it and the worldwide group which Sir YK Pao controls will remainReuter - 110 words
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Article82 1986-08-22 15 CAPITALISING on a buoyant stock market, Mr Jack Chiarapurk continues to draw down his sizeable shareholdings in Haw Par. Between Aug 13 and 19, companies belonging to the Jack Chia group sold 748,000 Haw Par shares at prices ranging between $3.20 and $3.34, raising a total82 words
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Article124 1986-08-22 15 NST THE MALAYSIAN government has been urged to set up a securities exchange commission to regulate and oversee the stockbroking industry for an orderly stock market. Mr P H S Lim, the founder of the newlyformed Malaysian Investors' Association, said it was vital that there wasNST - 124 words
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Article156 1986-08-22 15 TAT LEE BANK has requested a suspension in trading of its shares today, which is understood to be in connection with the release of its interim results. MALAYA TIN Printing Cn's proposed acquisition of 5.55 million shares in LAM Group Investments Ltd was called off because MTP's directors156 words
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Page 14 Advertisements
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Advertisement452 1986-08-22 14 NOTICES OAlim DELIGHT PTE LID (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OP RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #05-27, Singapore 0617 on the 15th day of August 1986, the following Special Resolutions were duly passed:1. That the company be wound up452 words
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Advertisement464 1986-08-22 14 LONE STAB SHIPPING CO PTE LTD (la Members' Vataatory UjrttoW) NOTICE OF FINAL GENERAL MEETING (Piiwt to geett— MKI» NOTICE IS HEREBY GIVEN In pursuance to Section 306(1) of the Companies Act, Cap. 185, that a general meeting of the abovenamed company will be held at 9 Penang Road #12-00,464 words
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Advertisement474 1986-08-22 14 PIAN OFFSHORE CORPORATE SERVICES PTE UD pi iHMHw MHMBy wlnPl^vpi NOTICE IS HEREBY GIVEN (hat at an Extraordinary General Meeting of PLAN OFFSHORE CORPORATE SERVICES PTE LTD (My convened and held at 36 Robinson Road. *05-01/02 City House. Singapore 0106. on 15 August 1966 tfw toflowing resolutions were duly passed474 words
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Advertisement376 1986-08-22 14 IN THE MATTES OP THE COMPANIES ACT, CAP. MS Aai IN THE MATTES OP LT ABTWOOD SYSTEM PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of The ComRjiles Act, Chapter 185, the nal Meeting of the members of the abovenamed376 words
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Advertisement10 1986-08-22 14 M onagers ust anage BT shows you how every Monday.10 words
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Page 15 Advertisements
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Advertisement113 1986-08-22 15 BUSINESS OPPORTUNITY A well known cosmetics, skincare and health food business based in Singapore with excellent potential is available for sale as a going concern. Obtained sole distributors rights covering both Singapore and Malaysia. Sales outlets established all over Singapore and currently company is making profits. Owners leaving Singapore. Interested113 words
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Advertisement8 1986-08-22 15 Still a major force, Shipping Timaa, Paga 1118 words
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Advertisement248 1986-08-22 15 HDB TENDERS FOR ESTATE MACHINES The Board has introduced Interest Free Financing Scheme for Conservancy Contractors to purchase estate machines. Only suppliers/contractors who participate in this tender exercise will be allowed to participate in the Board's Interest Free Financing Scheme for Conservancy Contractors. Tenders are invited for:Dosign, Manufacture, Delivery, Installation248 words
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Article, Illustration528 1986-08-22 16 MANO SABNANI - By MANO SABNANI THE YOUNGER leaders of both Singapore and Brunei must work to establish the kind of deep and profound friendship that exists between himself and the senior members of the Brunei Royal Family, Mr Lee Kuan Yew said last night.Picture by CHRISTOPHER LOH - 528 words
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Article291 1986-08-22 16 PRIME MINISTER Lee Kuan Yew told Bruneians yesterday that he was impressed with the marked progress the country has made since his last visit two-and-a-half years ago. He said he was struck by the trememdous transformation the young nation was going through. There were new flyovers, highways291 words
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Article70 1986-08-22 16 Reuter AMERICAN pressure on Japan is paying off as Tokyo has agreed to open bidding on a US$B billion airport project to foreign companies. US Under-Secretary of Trade Bruce Smart announced this in Tokyo yesterday, adding that rapid progress was made in talks this week with officials ofReuter - 70 words
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355 1986-08-22 16 SOH TIANG KENG - By SOH TIANG KENG, Financial Correapondant A NEW financial futures trading link will be forged soon between Sydney and London, which could mean competition for the Singapore International Monetary Exchange. The tie-up, announced yesterday, is between Sydney Futures Exchange (SFE) and the London355 words
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223 1986-08-22 16 CHEEKED by latest government statistics on the property market, housing developers have decided it is now their turn to wait on the sidelines. "Developers are determined to reduce the supply stream and are in no hurry to complete them (residential projects with valid planning approval223 words
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283 1986-08-22 16 Reuter THE AMERICAN dollar's one-and-a-half-year long plunge seems to be nearing its end as major investors in Japan are poised to buy back billions of dollars they had sold, currency traders in Tokyo said. While cautioning that the outlook remained uncertain, many dealers predictedReuter - 283 words
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Article, Illustration287 1986-08-22 16 THE FORMER head of defunct Malaysian Overseas Investment Corp, Mohammad Abdullah Ang Swee Kang, was arrested on a Malaysian warrant in Singapore on Tuesday and handed over to the Malaysian police yesterday. Ang, a 40-year-old businessman, will appear in287 words
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Article78 1986-08-22 16 COMEX gold futures yesterday extended the morning's light gains as the market followed platinum to higher ground, floor analysts said. But some contended that gold, not platinum, had led the recent rally in the metals complex. They cited a weak dollar and Japanese purchases to mint coins commemorating78 words
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Article62 1986-08-22 16 Reuter WALL STREET stocks were mixed in active trading early yesterday as some investors were sceptical about the impact of the half-point cut in the discount rate. Some Investors felt the cut was too little, while others found it anti-climactic. The Dow Jones Industrial Average fell threeReuter - 62 words
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LATE FILE
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Article43 1986-08-22 16 Reuter JAPANESE Prime Minister Yasuhiro Nakasone hinted that he hoped to stay in office beyond October. "I feel a responsibility to carry out my public election pledges," he said yesterday at the summer resort of Karuizawa. ReuterReuter - 43 words
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Article49 1986-08-22 16 Reuter THE WEST GERMAN government is considering fining airlines up to 2,000 marks (US$966) for each refugee flown into the country without a valid visitor's visa. The proposal also envisaged committing the airlines to paying for the return flight of asylum-seekers without visas. ReuterReuter - 49 words
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Article33 1986-08-22 16 Reuter AUSTRALIA will reduce South Africa's representation in the country by withdrawing temporary residence permits for its trade officers in Melbourne and Sydney, Prime Minister Bob Hawke said yesterday.Reuter - 33 words
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30 1986-08-22 16 Reuter THE BEIJING authorities have clamped restrictions on the construction of high-rise buildings in an effort to preserve the ancient city's traditional character. ReuterReuter - 30 words
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48 1986-08-22 16 AFP THE INDONESIAN government has lifted a four-year-old ban on the export of pure gold and silver in an effort to boost non-oil export earnings. The decree lifting the 1982 ban was signed by Trade Minister Rachmat Saleh on Aug 9. AFPAFP - 48 words
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Article27 1986-08-22 16 Reuter PAKISTANI POLICE arrested more government opponents yesterday, virtually halting a week of political protests and riots which killed at least 17 people.Reuter - 27 words
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Page 16 Advertisements
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Advertisement123 1986-08-22 16 Expatriate executives tltSfe See our invitation below Still looking for accommodation? Dissatisfied with your present arrangements? You owe it to yourself, and to your family to visit us at Ardmore Park the "Mini-United Nations of Singapore" where you'll experience convivial community living at its best and friendliness at every turn.123 words
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Advertisement36 1986-08-22 16 ORCHARD m m h.. IJ Z^srJZ 1 J& vyj JJ COLLECTION AGENCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06, *****74 (Miss Kimmy Quek) Please send one of your representatives to meet me. Tel:36 words
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Page 16 Miscellaneous
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Miscellaneous57 1986-08-22 16 Outlook: Showers with gusty winds expected over many areas from pre-down to early morning. Re; >ort for 24 hours prior to 7.30pm on Aug 21 at the airport: Maximum temperature 31.0 Associated humidity 67 Minimum temperature 23.4 Associated humidity 91 Hours of sunshine 3.10 Rainfall in millimetres 28.4 Rainfoll this57 words
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SHIPPING TIMES
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Article126 1986-08-22 17 AFP THE GOVERNMENT-OWNED Australian National Line (ANL) reported an unchanged profit of Asl9 million for the past year despite a record number of disputes affecting its terminals at Australian ports. ANL chairman Bill Bolitho said in a statement that earnings had been boosted by greaterAFP - 126 words
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116 1986-08-22 17 PETER WEITEMEYER will assume the post of president of J Lauritzen A/S, Copenhagen on Sept 1. He has been with A P Moeller since 1968 and his last post was with Maersk Line's eastern division (liner and container ships). As president of J Lauritzen, Weitemeyer,116 words
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365 1986-08-22 17 G DURAIRAJ - By G DURAIRAJ A FOUR-MEMBER delegation from the China Ocean Shipping Company is in Kuala Lumpur for talks with the Malaysian International Shipping Corporation and port authorities on ways to improve bilateral shipping cooperation. Headed by Mr Cheng Zhong Biao, deputy365 words
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239 1986-08-22 17 Reuter TWO INDEPENDENT shipping groups said a clause in the US tax reform bill that will force shipowners to reveal their country of residence will be "nightmarish". Intertanko, the Independent Tanker Owners' Association, and Intercargo, the International Association of DryReuter - 239 words
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257 1986-08-22 17 FT THE 565,790-DWT Seawise Giant will be used for floating storage at the Iranian new export terminal facility off Larak Island near the Strait of Hormuz towards the end of the month. Iran is understood to be paying U5513,875 a day forFT - 257 words
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PORTSIDES
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Article96 1986-08-22 17 Reuter THE BACKLOG of foreign shipbuilding orders held by Japanese yards rose to 6.01 million gross tons at end-July from 5.88 million at end-June but this was below orders of 7.99 million a year earlier, the Japan Ship Exporters Association said. However, the number of shipsReuter - 96 words
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Article1322 1986-08-22 18 NORTH Atlantic bulk carrier rates continued to creep gradually higher on the London freights market on Wednesday. A further 25 cents was added to receipts of 52,000 tonners working the US Gulf-Japan grain voyage when MSK and MBK paid U5548.50 (fio) to the early September loader Maricobber and1,322 words
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1221 1986-08-22 18 Fairplay THERE's SOMETHING about tweendeckers. They may lack the sophistication of parcel tankers or the elegance of cruise liners; or even the awesome bulk of a VLCC but, unremarkable as they seem to many, they have that indefinable "something". Perhaps itFairplay - 1,221 words
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Article906 1986-08-22 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 Lmes X 4 Atlas Line X 3 ANL I 1/2 APC Line V 4 APL IH 2/3 ASCL IH 1 Bait-Canada Lme906 words
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156 1986-08-22 18 Opecna INDONESIA has marked its 1,500 th shipment of liquefied natural gas (LNG) to Japan. The cargo was carried by the gas tanker Wakaba Maru, which left Blang Lancang port at the Aran gasfield in Aceh province last week. Since it began exportingOpecna - 156 words
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Article178 1986-08-22 19 THE MAJOR shipping consortia operating between the Far East European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia /Straits178 words
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166 1986-08-22 19 AP ONE AMERICAN was dead and two others missing following a collision on Lake Michigan between a Yugoslav freighter and a small American fishing vessel, officials said on Thursday. A US Coast Guard official in Washington said the collision betweenAP - 166 words
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500 1986-08-22 19 Reuter SIR Y K PAO, who has spent heavily recently to diversify into banking, property and airlines, will remain a major force in shipping despite the industry's severe problems, Helmut Sohmen, manager of Pao's shipping interests, said. "He is stillReuter - 500 words
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378 1986-08-22 19 Kingsley Wood - By Kingsley Wood AUSTRALIA is now confident that up to eight Pacific nations will accept the general purpose surveillance vessel which it is offering under its Pacific patrol boat programme. Fiji has finally said that it will take four of the378 words
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Article237 1986-08-22 19 Lloyd's List A SOLUTION has been found for the first of 24 ships ordered by Hongkong's Tung group at Japanese yards and subsequently cancelled or renegotiated. Trie vessel a 106,722 tonnes dwt which is Ishika-wajima-Harima Heavy Industry's hull number 2938 was taken over by Sumitomo CorporationLloyd's List - 237 words
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Article318 1986-08-22 19 Aug 26-29 Offshore Northern Seas, offshore technology conference and exhibition, Stavanger, Oslo. Aug 27-29 Towards an efficient port industry, Lloyd's of London Press international maritime seminar, The Berners Hotel, London Wl. B*pt 3-4 Prospects of maritime cooperation in Europe. International conference organised by AGPOL and co-sponsored by Lloyd's318 words
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137 1986-08-22 19 UPI THE US NAVY on Wednesday announced the award of two contracts worth more than US$36 million to two California shipyards. It also announced the award of more than US$3.4 million to the University of California at Los Angeles for research workUPI - 137 words
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6841 1986-08-22 24 A guide to ships loading at Singapore tor ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,841 words
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Article910 1986-08-22 25 AT CONVENTIONAL WHARVES Vaasal Barlh Arrival Departure KEPPEL WHARVES 228/0700 A Is Endeavour KI2 alongside Clydebank K18 alongside 22 8/1500 Jenhol K22 alongside 22 8/0200 Koto Rotno K30 alongside 22 8/1230 Linden K33 alongside 228/0600 Marine Cosmos K20 alongside 22 8/0600 B Setawar K20 22 8/1500 23910 words
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Page 17 Advertisements
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Advertisement757 1986-08-22 17 ImiiilHTS >! !l I>l I )l< !< 1,1 Of{|ENT Overseas Cmt&im* Line STRAITS EUROPE EXPRFSS SERVICE IMOM 9*r«G ACENCK (*n mm/ OOK> 200 Cantonment Road *1205 Soumpomt Singaoore 0208 Id *****11 TtLEX NO RS ***** CFS OFFICE *****31 Terminal office 2222(90 PtUKA IMOM StVTMG MOCKS SOU BK> PETAL MG IAYA757 words
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Advertisement73 1986-08-22 17 TOMB OPERATORS of tweendeckers need to modernise their fleet in order to survive. Page II SIR Y K PAO, who hos spent heavily recently to diversify into banking, property and airlines, will remain a major force in shipping despite the industry's severe problems, Helmut Sohmen, manoger of Poo's shipping interests,73 words
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Advertisement960 1986-08-22 17 Availabfr at all good bookthopt 31 3 publications THE HEART OF THE MAERSK LINE FASTEST TRANSIT TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS P«nang Vmml Voy S* por« EXPORT TO USA. EUROPE. EAST. WEST AFRICA ASIA i/1 7330 MRS CT 7S/I 7330 HE960 words
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Page 18 Advertisements
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Advertisement256 1986-08-22 18 GSJ V Q T TAT TP yamashita-shinnihon _J[ i3 M J M 1 W m*J TRANS-PACIFIC SERVICES LINE STRAITS FEEDER Pacific South Wm( Feeder at Kao Pacific North Wast Feeder at Kao Atlantic/Canada Feeder at Nagoya M'^MitniMiirmluiiLM n i MI iiBBHiTF T TgjT'_ l^BMMn/ALw K7TM fTTTM 11 Mil W M256 words
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Advertisement547 1986-08-22 18 ■Ml Supercarrier Service TO: PANAMA US WC/EC/GULF ADA CARIBBEAN r-i Mm caafri tar HnMa (MB). 1 Fractaca. I CMMHWI Ante. Curacao Brdptown St Georges. Georfetorm Rose C Mini Puerto lam San inc. Pi OriM Itettai mt Sa Dtafo ra L tapta, CkaMa m M i. PtataataKt Port of Spam KamKoci.547 words
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Page 19 Advertisements
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Advertisement801 1986-08-22 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd QC!L Overseas Containers Limited CONTAINERS** SERVICE TO UK/CONTMENT:. STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok S>er» PJOmi S'tn HW| BTwre» R'Oaa It Hi 27/0 29/0 16/9 10/9 20/9 21/5 23/9 64/5 <5/9 23/9 2S/9 27/9 21/9 31/9 11/9801 words
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Advertisement623 1986-08-22 19 Franco Belgian Services .ir i*/ r#n« h rth It, ir .(Wrrn in. (MEMBER OF CONSORTIUM) eh il!lL CHARGEURS HAVRAISE MF DFX LINE yfm (MEB CLUB MEMBER) W I "Jl»»l'l 3*n: '-.if. 77 M 30 M MM im mm h* CHARGEURS REUNIS f SEMI CONTAINERISED SERVtCF. T 0 A F.ST AFPiC623 words
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Page 20 Advertisements
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Advertisement430 1986-08-22 20 Hapag-Lloyd 10 CONTjNENI/UK EXPORTS S'p«i t (Kant S'tai H"b»t BlmvwUmi l« Wmp Hn Mm Mm 27/B N/9 14/1 19/9 N/9 21/9 23/ «T M E**>|h 4/9 J/9 N/9 N/9 N/9 N/9 1/ Fra*lurt Eiprtu U/9 13/9 1/19 3/19 5/19 t/10 1/ Cvdfcai Bar W/9 N/9 9/19 11/19 13/19 14/19 19/430 words
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Advertisement625 1986-08-22 20 FULLY CONT AINERIS ED SERVICE TO EUROPE VIA SUEZ I ce Cotisorion $>m ORKNTAI CHEF SOW 127/8 KOREAN IMZJM 3501 3/9 WFTUK CTOTAI 3M KOREAN CHANCE 2001 EROM EUROPE VIA SUEZ A ,tlf Comorton •FOR/MOT** KSSI KCH 271/XWI 61E SSB 56E/K. MMB Of Ml M 39E/K. ttCENON 49E cat sc/f625 words
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Advertisement370 1986-08-22 20 M- Hat Sun Hup Co (Pte) I td TEL *****06 (20 Lines I TLX RS ***** RS ***** V ft. I \S I 1 K\ \K I I Nil K III) STRAITS/JAPAN/STRUTS SERVICE SPECIALIST IN RO-RO HFAVY LIFTS \M INTERMARITIME LTD K. KmMi (V* Afaat) Tat 2215 M Marta (S*370 words
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Advertisement1083 1986-08-22 20 f? EVERGREEN f-ull Container Service laM (^/CARIB/USEC/EURQ/FE) no nrwi/nci gleamt 23/9 no sua m/i f*» LMHE 27/t no GOODS 5 1 no eooDS/tva atwo s/9 GMI9 11/1 rat irai i»/» ran WTMi/ra* sumtt 23/9 rai guest m/ 9 rai *****1 1/11 ALIO MX T9G CMCO TO MUM lON. KMMM, ETC1,083 words
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Page 21 Advertisements
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Advertisement810 1986-08-22 21 A PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK GOWA SEA VICTORY SEA HAWK SEA VICTORY KOTA SINGA SEA HAWK VOY SIN JKT PJG PLB M 34 SM 23/1 11SB SM 23/S 9918 24/8810 words
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Advertisement637 1986-08-22 21 EXPRESS com WO SERVICE TO UK/CONTMENT City ft EMwffe Ff«*(urt Eiprtsi Crf|» In Mm M»« Osaka Bay Bremen Eiprns EXPRESS CONTMNER SERVICE FROM UK/CONTMNT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS V KkJJEBSEN LINE wL NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH637 words
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Advertisement529 1986-08-22 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAHUDERA IWMESU P.T. TRtKOtA LLOT SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE 4S'p*t BM» /T4m tomt/hmm i 28-Jl/I J/lt o/io 12/10 ADAM/fDAM HIUK 23/11 24/10 STONE BUM WOO U MHTMG W m 2-4/1 17/11 Wit STOK MODI CDMMIIMH529 words
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Advertisement430 1986-08-22 21 BOUSTEAD SHIPPING AGENCIES PAGAN VIO2W IBM PA-AN V/ 100 BURMA FIVE STAR (Burmese National Line) Loadmg for Rangoon Sport P Ketone «/< W* 21/22 S«p< V 4 NORTHBOUND TO UKC TOMM MIIGM V.l MORAYBANK VIN CLYDEBANK VIM TMMITN SAMOA Vt FORTHBANK VI7N BANK LINE EXPRESS SEM-CONTWO HMM HULL HMB6 23/9430 words
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Page 22 Advertisements
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Advertisement1238 1986-08-22 22 K Wf kawasaki kisen kaisha, ltd.— USA CANADA ATLANTIC COAST (Round Jbm World Sorvk») 0. KMGHT V2I 1 1 BMDGE V3SE/VERRAZANO H GAMCT ft a OMEKTAI FREEDOM VII Pacific coast fsdq vs. v L-fIMDGE ttl 20 I 0. KMGMT V2S 5T PACIFIC SOUTH WEST PACIFIC NORTH WEST sp n m1,238 words
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Advertisement699 1986-08-22 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accapttng FCL/FCL Container* Feeder P K«Unc liner Vessel Sport MHb Freni S»drt Also Accepts CHMOMS V2l 3 Sept ?0 Sept ?9 Sept 27 Sept Add/Bra CALABAR *27 6 Sept KABIROAS V3O 17 Sept 2 Oct 11 Oct Oct Adel/Bns ESTlCimit *7 21 Sept RAMOAS V 25699 words
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Advertisement747 1986-08-22 22 GOLDEN LINE em em swn« (pte> ltd 23. IM »ym Steal smgapore iim tu uomi ut no) STRAITS/PERSIAN GULF SERVICE: s»*. GOIKN HAVEN CoWrto<«***. Dotu 5/4 Sept CHINA OCEAN SWPPING CO.. PEKMG THE PEOPLE'S REPUBLIC OF CMNA 2/9 ys kotlarttan/Hambirt \W.Ji.W :M:i- H* Il] 1 ViXiy. 1 LMCQIMIM 22/1 23/1747 words
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Advertisement478 1986-08-22 22 NTRASEA (PTE) LTD 10 Anson Road «27 16 International P'aza Singapore 0207 Tel .*****11 (lOLinesl <► BREAKBULK SERVICE TO EUROPE/UK WORLD ARES *****1S KOREAN KMX 88M917 S'pare P. K(tan( Lud* MrSate* ROT/MT/W <WON)/SETE 24/1 ROT/ANT/SETE/UR (AVON) (pro m no STK CO I 9VPK CO. I i *****11 71M711 41S1S1/J PHILITRON478 words
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Page 23 Advertisements
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Advertisement711 1986-08-22 23 Tel lb effce *****77 NEPTIME MEMOES PTE. LTD. FX EU/AUST TM/» \mwmM Cfi HXHK *****77 ******3 ******2 *****22 *****53 OBMKT IKS *****19 27*116 NEPTUNE ORIENT LINESO^ |M mrmtn pkni cjl *****44 KMC SON. BHD. *****87/*****45/*****53/*****26 NEPUC SON BM). *****71/*****34/*****JS KMC SON. BM). *****9/*****5/*****0/*****1/*****2 Mu atcipMn c«t* */•"■> li«*nm 0 OKF711 words
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Advertisement380 1986-08-22 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANCj, PENANG. BUSAN. INCHON SPOM AC! HIS NtPIUNf *GfNCIfS Pll 110 let ?/«9977 (BooAr.^l ???/b 10 (Opfratwrnl ??09?84 ??0?4S0 ??0?M)4 iCFS) MAltniA au'NIS I UNAS SFIIA SDN BHTI M Irt ?/W)% ?/4059/ PK Tel *****64 )6504?0 *****6b PIN lei 36/3/S380 words
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Advertisement487 1986-08-22 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUHMNG 55. Market Street Sinfapore 0104 Tel: *****33 (15 Lines) T< Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELAMC M/S SHARKAT HAH SOON SON. BHD. IST AND 2ND FLOOR. NO 1. ULAN CEMPEMNG. PORT KLANG. MALAYSIA487 words
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Advertisement79 1986-08-22 23 Vf# Vl_L ii\r ;ap*n monckomc straim HMfkwi S«n«p<r> PJQmi Pm| mro MMU V.3A SjM SJM aso MMU NO. I ¥.27* SaM 23/t 2C/S KOBE MMU V.103A 21/1 2/9 Gcncrd amy far M.V. Nppa Mara V.3A bt haM an Mm 23rt tag. K at Ml K 20 tan 0900 1200 In.79 words
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Page 24 Advertisements
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Advertisement363 1986-08-22 24 1 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK SEA MAGON SMGitratE SJI/SW 23-24/1 Sun 124-24/1 Tw/IM 12S-17/I inn ESQ GE3E2E2I |w y i nrM| |mi ■5H pa E2E3B |PTB fgrizj ITIiS iizma iißNii CI CSZIQSIS9 E23 SEA DRAGON EOQ2IiCIME!BESiBinDWf3SI®SI SI [9 lv rrm m rrm CCT rrm MALACCA363 words
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Page 24 Miscellaneous
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Miscellaneous144 1986-08-22 24 Regional Weather a s a y S3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND P Temperature c A\ Thunderstorm Weather Wind direction with speed m knots Shower Rom Wave height 9 Cloudy Sky Surface winds ore indicated by arrows which fly with the wind One fuM144 words
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Page 25 Advertisements
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Advertisement140 1986-08-22 25 AUSTRALIA MELB, SYD, ADEL, BRIS, FREM. Also accepts LCL/FCI to other destns. FREIGHT MANAGEMENT: SNGAMK TEL *****11 (12 IMS) PORT KELANG TEL *****07/ I PENAN6 TEL 36M07/3M054 CHART POINT •very \<) SATURDAY MSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHAftU LEOSMP SPOKE *****88/*****56/*****41/*****93 *****11/4 TERMNAL *****81/2 *****2/*****3/*****4/*****3140 words
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Advertisement633 1986-08-22 25 CORMORANT BULK CARRIERS > VANCOUVER B.C. CANADA "TOONESIA/ US* Mf) CANADA WEST COAST CONVENTIONAL SttVtCL LOAOMG FOR lOS MttUS SAN FRANCISCO OHIN KIA PAI PAW PA&ANG VAN NARRfR 27 31/1 2-4/1 S-7/9 9-11/9 A WSSEL ».2t/» 29-1/1* 3-C/19 9-11/19 OTWR LOAOMG PORTS SUBKCT tOUaMENT ■©ONESIA/ NXA CONVENTIONAL SERVICE LOAOMG FOR633 words
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Advertisement657 1986-08-22 25 T* CNC LINES WEEKLY FCL LCL CONTAINER SERVICE KUO LUNG V6OO VE LAN V6Ol CHUNG UE V 609 KUO HSJUNG VM9 Berthing et Contoinw Port General ACONTINENTAL FEEDERS PTE. LTD. Agents Tel: *****51 Term'nal *****16 TAMAN MARINE CO. PTE LTD. BATAM DUMAI PEKAN BAKU REGULAR SERVICE VESSEL ENG TOU 95657 words
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Page 26 Advertisements
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Advertisement463 1986-08-22 26 |rr>i FINE-LINER SHIPPING PTE LTD N)r*jL I 4 TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MIDDLE EAST SERVICE 21/ I.' 9/9, 13/9. DUBAI. BAHRAIN. MUSCAT, DOHA. DAMMAN. .23/9.27/9 KUWAIT ABU DHABI HONGKONG/CHINA SERVICE 24/8, 31/1, 10/9. XKGANG, BEIJING, TIANJN, SHEKOU. SHANGHAI. 15/9 GUANGZHOU. WHAMPOA 26/1, 3/9.463 words
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Advertisement384 1986-08-22 26 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO FULL CONTAMER SERVICE TO PORTKELAN6 »/us* K/17 S«p* *«t Miter** '"""I UT sn "sJ* Pwt KiteM HBU.OTO EAC MDKES (M) SON M T* 03-3617*7/3 PHUKET384 words
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Advertisement664 1986-08-22 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YAN6 SHIPPING CO. LTD FU.tr COHTMCRBCD SE««CE TO EUtOf (Vl* SB) ORMTIU. CKF 50* ROMAN MCim 3V» kptu* crystal urn ROM AM CHANCE TON Sp»» IcHanif Uan Ftlwt HW| Braa Antwerp 27/1 15/0 IS/1 17/1 20/1 21/1 25/1 J/1 22/1 2J/1664 words
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Advertisement820 1986-08-22 26 Everett Lines COMPANIA PERUANA DE VAPOREES (C.P.V.) p "PERUVIAN STATE LINE" A load,)* tor CaHao Malar a» Do and all othe- Pfrnwan ports «itti transhipment at Kote ■-M 2f OcCPV Throuftt Ms of lading to tinal donation Petunf P. Kdanc THOMAStVEWTI HUOCVWfTT manoloe\oett Sln( apart A* «/7 Sep 12/13 Sep820 words
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Advertisement307 1986-08-22 26 ZIM a .as 'y*M a a;' ri®; 1 iMv in iSot a Hi* 111* *11* 111IM 14 11* Mil* 21)1* nSStI 241* m I WSSfI 31 IK AM wcssci li t* m t VCSSCI. 15 5 at r zm EILAT CONTAINER LINE SM ETH Ml H MX US VI m307 words
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