The Business Times, 26 August 1986

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, AUGUST 1986 75 CENTS
    11 words
  • 617 1  -  CPF minimum-sum scheme offers scope for financial institutions By ALVIN TAY THE CHANGE OF Central Provident Fund rules to ensure that members have a basic minimum income could provide Singapore's insurance and fund management industries with millions of dollars of investment funds. The scheme,
    617 words
  • 653 1  -  VTHE TANS 1. TRIM 1 m w. i By HOMER CHEN MALAYSIAN businessman Tan Koon Swan is to be sentenced today after pleading guilty yesterday to one charge of abetting criminal breach of trust. The charge carries a maximum sentence of
    653 words
  • 54 1 ONE OF THE PROPOSALS given by the Singapore Maritime Officers Union to help streamline the industry's administration and education is that the Marine Department and the National Maritime Board should be merged. What are the benefits of a merger? What are the other suggestions? Details in
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  • 95 1 SHARE PRICES in Tokyo recovered with a vengeance yesterday following three sessions of losses, pushing the Nikkei index up by a record 432.78 yen to 18,565.6 L Tlie previous largest singleday increase seen in the index was 220.56 yen on Sep 29, 1981. With yesterday's recovery,
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  • Article, Illustration
    62 1 LED It STRONG htowt h sad speculative tower-Users, share prices eoatfssed to rise across a wlie (rest m the leeal ajTfpdaenlS SZS'XT trial Isdex added «sly 2.4« potato to 813.19 while the BT CosqMtto Isdex 2J4 psM to MA Turasver asMSStod to 2L4 isHßes shares werth $4M mflltos
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  • 391 1  -  By AMY BALAN THE EMERGENCE of a new major shareholder in Exco International has sparked off rumours of a potential bid for the the UK-based financial services group in which local financierhotelier Tan Sri Khoo Teck Puat has a strategic 29 per cent stake. Canadian Sam Belzberg,
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  • 127 1 AFP A LEADING Chinese economist has said China will allow the use of Hongkong currency in two southern Special Economic Zones for the convenience of foreign investors. The Hongkong dollar would replace the Foreign Exchange Certificate, a currency now issued to
    AFP  -  127 words
  • 591 1  -  By MARGARET THOMAS, SpicU C pit—ponctont TOUGHER LAWS paaeed in Parliament yesterday on the conduct of members in the House will apply to opposition MP Mr JB Jeyaretnam when he faces the Committee of Privileges on the three complaints made against him. The
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  • Page 1 Advertisements
    • 115 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM CPF minimum-sum mtmmm to bagin in January, Back Paga Mora stories on Pago 2 IJJk in flair Weaving Before Link" After' Link' HAIR WEAVING and HAIR CARE SPECIALIST is here at Link Hair Care to check your hair and scalp and offer you our
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    • 231 1 CROSSWORDS TV RADIO rtt a OUR VIEW THE CHANGES TO THE Csntral Provident Fund announced yesterday provide on opportunity for on expansion of Singapore's domestic fund management sector. But if institutions ore to respond, they will need convincing that the latest moves ore part of on evolutionary process which will
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    • 0 1 ""<>!?*{}~(/$\>"@\![^~{)`!<^?=:
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    • 105 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM mmmi .00 KffiDJEffißE To be perfectly franc, it§ the million dollar question. Found for pound, every yen counts. Maik our words. \bu know it makes cents. The best way to earn higher interests on your savings is via our ACU foreign currency deposits. From
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  • THE TAN TRIAL
    • 1840 2 1. THE STOCK EXCHANGE of Singapore (SES) carried out an investigation into an allegation of insider trading in Pan Electric Industries Ltd (Pan-El) securities. With its limited power, it was unable to establish a case and referred the matter to the
      Source: CAD  -  1,840 words
    • 512 2 A PLEA that Tan Koon Swan should not be sent to prison, but instead be fined a substantial amount, was made in the High Court yesterday by the Malaysian businessmen's defence counsel, Peter Yap. Mr Yap supported his appeal by describing how Tan had
      512 words
  • YESTERDAY IN PARLIAMENT
    • 223 2 ALTHOUGH it is too early to say that a solution to the Cambodian problem is in sight, the Vietnamese attitude towards it haa become more realistic since 1978, said Foreign Minister S Dhana ha lan yesterday. Instead of objecting to negotiationa with the
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    • 441 2  -  By LOH HUI YIN PROBLEMS concerning the welfare of the elderly in Singapore were discussed in Parliament during question time yesterday. For their housing needs, the Housing and Development Board is considering the construction of studio apartments together with larger units such aa the
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    • 423 2 PARLIAMENT yesterday passed the Arbitration (Foreign Awards) Bill 1986, enabling Singapore to ratify the New York Convention on the Recognition of Foreign Arbitral Awards. In moving the Bill, the Second Minister for Law, Professor S Jayakumar said the New York Convention provides a more convenient means
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  • Page 2 Advertisements
    • 150 2 An invitation from JETRO An invitation to the Japanese pavilion to check out the latest electronic components and production equipment. Highlights include NEC's Personal Computer Orchestra display, a VTR show on the Japanese electronics industry and technology, and an extensive photo-display of electronics product materials. It's all happening at Intemepcon
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    • 64 2 FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen, Sanitary tacilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.V.A. Transformers, suitable for all types of industry except food. 3.1.8 km to Jurong Port off Jatan
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  • HOME NEWS
    • 897 3  -  By JAIME LYE A SURVEY comparing Singapore with ten other tourist destinations has shown that the Republic is the second cheapest city to visit next to Kuala Lumpur. The study was commissioned by the Singapore Tourist Promotion Board because there were
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    • 330 3  -  By LUCY NG A TRAINING CENTRE to upgrade the skills of production workers in the electronics industry will be set up soon with the help of the Development Fund. A management committee beaded by Mr Sunny Chan, the personnel manager of Hewlett-Packard, has been
      330 words
    • 424 3 A LEADING manufacturer of electronic capital equipment used in the industry, Schlumberger Systems, expects to double sales of equipment to the regional electronics industry this year. The company, which bases its regional office in Singapore, has a 40 per cent share
      424 words
    • 80 3 DBS BANK and DBS Finance will cut their housing loan rates by one-quarter percentage point across-the-board to 7.5 to 8 per cent. The new rates are 7.5 per cent (or loans of up to 10 years, 7.75 per cent (or those between 11 and 20 years,
      80 words
    • 119 3 THE SECOND stage of the inquiry into the collapse of the Hotel New World will start on Sep 16. It will try to find the cause of the collapse of the six-storey Lian Yak Building in Serangoon Road on March 15, and to
      119 words
    • 184 3 TENDERS worth $100 million for equipment for Changi International Airport's Terminal 2 will be called within the next 12 months, according to the Civil Aviation Authority of Singapore's chairman, Mr Sim Kee Boon. The equipment will include baggage handling, passenger transit, public address and sign
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    • 278 3 SINGAPORE shops have the best prices compared with Hongkong, Bangkok and Tokyo, according to a survey conducted by Price Waterhouse. Singapore was compared against these countries because of their proximity and the similarity in goods offered. The survey covered a preselected basket of goods which
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  • Page 3 Advertisements
    • 83 3 THE BUSINESS CARD DINERS CLUB CORPORATE CARD WHAT IT MEANS TO YOU: The Company Greater financial control Reduces cash advances $350,000 worth of travel insurance Limited liability up to $125 Flexible enough to suit your system Improved cash flow Fast free replacement Reduces administration costs Prestige Peace of mind from
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  • ASIA-PACIFIC
    • 442 4 Jakarta and Manila to work for an arrangement embracing Asean Reuter INDONESIA and the Philippines had agreed to work towards creating a South-east Asian common market by the year 2000, Philippine Minister of Trade and Industry Jose Concepcion said in Jakarta yesterday. The idea was discussed at
      Reuter  -  442 words
    • 272 4 AFP PAKISTANI Prime Minister MnlmmwmH KhU June)o has ruled out early elections and rejected any dialogue with the opposition. At a press conference in Lahore, he warned opposition parties against "creation of any conditions in the country which were detrimental to the national Interest".
      AFP  -  272 words
    • 296 4 AFP WOMEN OPERATORS at the Tnritun capital's main trunk call exchange were back at work yesterday after a former home minister apologised for storming their office at gunpoint, officials said. Former Home Minister P C Sethi had burst into one of the
      AFP  -  296 words
    • 221 4 AFP MALAYSIA does not intend to pay a cent to the organising committee of the Commonwealth Games as compensation for Joining the boycott of the 1966 games in Edinburgh. Olympic Council of Malaysia president Hamzah Aha Samah told the New Straits Times yesterday:
      AFP  -  221 words
    • 125 4 UPI SOUTH KOREA'S major political parties formally presented their proposals (or constitutional amendment yesterday (or deliberation by a special 45-member parliamentary body. The special committee of the National Assembly, the nation's one-house parliament, will try to produce a single compromise plan for
      UPI  -  125 words
    • 949 4 ARRIVALS Operator Sorvk* Local From number time SIA SQ117 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL CI 341 0155 TPE OA GA7I04 0245 HLP FT FT75 0314 DFW/IAH/ORD/ ANC/NRT/ MNL/TPE sv SV398 0440 JED/RUH SIA SQ493 0500 BWN GIA GA7204 0600 HLP SIA SQ491 0755 BWN MAS
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    • 192 4 Reuter KUWAIT, hit by this year's crash in oil prices, has unveiled a 1986/87 budget forecasting a 38.6 per cent drop in revenues and a doubling of the nominal budget deficit. The deficit, before taking into account income generated by the Gulf emirate's
      Reuter  -  192 words
  • Page 4 Advertisements
    • 91 4 Total flexibility. \burs with our ievoh/ina Credit nvingu Facility. If you need a cheque-book to help you make full use of the Revolving Credit Facility, we'll arrange a current account with DBS Bank and transfer the funds on your instructions. Don't wait The sooner you talk to DBS Finance, the
      91 words
    • 10 4 Mrs Aquino stops out Into !hi world mill, Pag* 7
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    • 38 4 H Knight Frank Cheong Hock Ch\v Baillk'u FOR SALE OFFICES along East Coast Road n Freehold strata titled U Area 2600 ***** sq ft approx U Ample on-site car parking Central air-conditioning Easy access to city Tel: *****33
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  • REST OF THE WORLD
    • 443 5 THE SOUTH AFRICAN economy had been recovering slowly and erratically from its recession of 1964-85, the South African Reserve Bank said in its annual report released on Monday. The bank said the country's growth rate in real gross domestic product tor the 12 months
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    • 178 5 UPI A GOOD MEMORY is a prized quality, but forgetfulness considered a scourge of the elderly can be valuable too, a psychologist has said. Other researchers said that although ability may decline a grow older, practical prollem-solving ability doesn't peak until age 50 or so.
      UPI  -  178 words
    • 236 5 AP AMERICAN strategists believe the Kremlin wants to negotiate an arms control agreement partly because the costly arms race could frustrate Soviet leader Mikhail Gorbachev's plans for economic reform. If that analysis is correct, Reagan administration officials
      AP  -  236 words
    • 340 5 NYT SEVENTY-FTVE YEARS after the powers of British news reporters were considerably curtailed by the Official Secrets Act, a coalition of journalist, union and civic organisations are urging its repeal. The call, issued last Monday, is based on a public-opinion poll
      NYT  -  340 words
    • 434 5 NYT EVEN IF INTEREST rates drop further in the coming days, capital spending, which has been depressed, is unlikely to revive any time soon, business analysts say. They said interest rates, including the prime rate used by banks to set rates for loans
      NYT  -  434 words
    • 157 5 NYT NEW ORDERS for Americanmade machine tools dropped 6 per cent in July from June's level. According to a report released by the National Machine Tool Builders Association on Sunday, the decline was due to the nation's weak industrial growth and seasonal sluggishness. Orders in July
      NYT  -  157 words
    • 220 5 A FINANCIAL ADVISER calls it the 'secret sin' of the 1980s. Psychologists say more people than ever need help to break its grip The culprit is personal debt and American consumers are piling up bills at a greater pace in this decade than at
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  • Page 5 Advertisements
    • 275 5 Good ideas keep coming up Announcing the copier voted 'Best Buy'by American end users. And other winning originals, SF-8200 Choose the copy ratio, and it automatically selects the paper size Choose the paper size, and it selects the copy ratio So you don't waste time or paper It even copies
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  • Page 5 Miscellaneous

  • BANKING AND FINANCE
    • 682 6 MBT BANKS ARE reluctant to provide a credit line for the 23 de-posit-taking cooperatives under investigation by Bank Negara unless they receive some kind of guarantees from the central bank. Finance companies will not be able to participate in this line of
      MBT  -  682 words
    • 607 6 AP PANAMA is refusing to strip away hank secrecy rules that the US says have helped make the Latin American country a haven for the laundering of illegal drug money. Panama has promised in recent weeks to take steps to
      AP  -  607 words
    • 140 6 AFP BRAZIL will soon suggest to its creditors a renegotiation of its whole foreign debt of USSIOS.I billion without the approval of the International Monetary Fund, Brazilian Finance Minister Dilson Funaro has said. In statements to the newspaper O Estado de Sao Paulo, Mr
      AFP  -  140 words
    • 213 6 Reuter THE BANK o( England will cut the cash deposit ratio of the hanking system to 0.45 per cent of eligible liabilities from 0.5 per cent with effect from October. The bank said last Friday that the move was linked with the change in
      Reuter  -  213 words
    • 144 6 Reuter A SENIOR Abu Dhabi finance official has said laws on interest rates in bad debts cases should be reviewed. Undersecretary of Finance Juan Salem al-Dhahiri told AlIttihad newspaper, "What is needed now is a radical review of the techniques and measures of ruling (in
      Reuter  -  144 words
    • 66 6 Reuter THE HONGKONG Futures Exchange plans to introduce a Hongkong dollar interest rate futures contract early next year. Exchange chairman Kim Cham said the size of the 90-day contract would be HKJI million., The contract is needed because of increased volatility in local interbank trading, he
      Reuter  -  66 words
  • MONEY AND EXCHANGES
    • 467 6 SINGAPORE: The US dollar closed slightly firmer yesterday against most major currencies, after fluctuating within a narrow range without any clear trend. The dollar closed marginally higher at 153.70/80 yen compared with New York's last Friday 153.40/50 close. It closed a shade firmer st 2.0430/40 marks compared with
      467 words
    • 171 6 TOKYO: Futures closed narrowly mixed yesterday in slow Monday trading and market holidays in Hongkong and London spurred the lacklustre trend here. Spot August closed up six yen per gram at 1,860 and September up 10 at 1,871, but other months were down three to 10. February fell 10
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    • 115 6 THE OVERNIGHT rate on the Singapore Interbank money market closed at 3-1/4 per cent yesterday, down 1/2 point from Friday's close. The one, two and threemonth term rates fell by 3/16 point each. S$ Interbank rotes at 7pm yesterday: Offer M Overnight 3 1/4 3 1/8 1-morth 3
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    • 177 6 Interbank rate s at 3pm yester day- Md OMr a 2?3r Locol 4olftors to Mi IHt of WffOiCf US doMar Storing pound Ausfrafcar doiar NZ dolor Canodnn dolor ***** 3.1889 1.3024 1.0461 1.5468 2.1535 3.1925 1.3045 1.0496 1.5487 2.8196 7.3469 3.4286 3.4286 3.4206 •23.66 •56.60 -62.01 -69 49
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    • 391 6 Futures EURODOLLAR futures eased lower during the early part of yesterday on profit-taking from the US discount rate cut and bet-ter-than-expected durable goods order» released last Friday. After opening at 9101, the December contract drifted lower to 93.99 in steady sideways trading. But with the closure of the UK
      Futures  -  391 words
    • Article, Illustration
      241 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels, with activity quiet all day due partly to the closure of the Hongkong and London markets for their respective local holidays, dealers said. They said news of an unexpected large 4.3 per cent rise in US July durable
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  • Page 6 Advertisements
    • 182 6 IBS offers a full range of banking services to meet your needs Executive Loans 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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    • 67 6 1 TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location lor your short stay in Singapore' Weekly basis Within CBD "telephone. TV, air-con, cooket, fridge, krtchenware. household linen and housekeeping available ifelex. secretarial and laundry services available Covered car park 24-hour security Types available: Studio $350 weekly 1-bedroom
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  • WORLD BACKGROUND
    • 722 7 UPI PHILIPPINE President Corazon Aquino is confident of a return to full democratic rule early next year, buoyed by the first signs of economic growth and determined not to let politics get in the way of economic recovery. Mrs Aquino has just
      UPI  -  722 words
    • 481 7 UPI TO THE Soviet Union, the General Agreement on Tariffs and Trade has been a "capitalist club" and "tool of Western economic imperialism". Now Mikhail Gorbachev wants to Join. The Soviet leader has requested full Soviet participation in Gatt's new round of
      UPI  -  481 words
    • 351 7 AFP TAIWAN'S economy may be booming, but its people have not overcome the traditional CM—e inclination to seek supernatural guidance when making major family and career decisions. In fact, experts say, the mental pressures of a populous society, and a feeling that one can't break
      AFP  -  351 words
  • Page 7 Advertisements
    • 52 7 r ti > i i K 1 K!()U I Kfc« It >■ >n/>fit) ■*< «X»*iits iiKwifl by .l,u «,'rr l.t- ("iiultn \utoiii;»t H m<>\» nicnt wit li cnmplfU* «.ilentiar Available in SINGAPORE: Robinson 's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C. I.L. Centre Hilton Hotel Woo
      52 words
    • 332 7 Wfe've put the phis inPCs. The EPSON PC+ is a personal computer. Plus two built-in operation speeds of standard 4*77MHr and 7.I6MHz clock speeds. Plus five built-in IBM® compatible I/O expansion slots* Plus a built-in parallel printer port. Plus a built-in serial 1/0 port. Plus built-in support for die optional
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  • FEATURES
    • 491 8 THE CHANGES announced to the Central Provident Fund scheme in Parliament could provide Singapore's domestic fund management industry with a valuable opportunity to develop. Although the number of members affected by the changes is relatively small, the amount of funds represented by their savings will, over
      491 words
    • 1327 8  -  Two companies file lawsuits as others contemplate action American greeting card giant Hallmark tyas been accused by smaller competitors of stealing their designs and pressuring retailers into dropping their cards. BILL LOHMANN reports. BILL LOHMANN UPI LONG CONSIDERED a cheery side of
      UPI  -  1,327 words
  • Page 8 Advertisements
    • 167 8 Make it your Buane^ to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its MEW form, it makes it possible to stay in
      167 words
    • 80 8 )four Doctor Says Understanding common medical problems Emergency First Aid Eczema Glaucoma Obesity Fibroids 01 Asthma Vietnam Hose PP r l Genital Herpes WHAT AILS YOU? 33 medical practitioners from 14 disciplines share their expertise in this little compendium which helps you understand all common medical problems from eczema and
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  • Page 8 Miscellaneous
    • 700 8 I3 1 CRYPTIC PUZZLE ACKOSS 3 See a icriopy a bargain (5) 8 A boat's propeller! (5) 10 Search and rob of a weapon (5) 11 One too young to venture? (3) 12 Lamb? A £50 one (5) 13 Nigel has winning ways (7) 15 A poet's injuries? (5) 18
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  • SPORTS
    • 431 9 UPI DAN POHL shot an erratic 1-over-par 71 on Sunday to win the US$7OO,OO World Series of golf in Akron, Ohio. In edging Lanny Wadkins by one stroke, Pohl earned U*****,000 for the biggest pay day of his nine-year career.
      UPI  -  431 words
    • 338 9 AP THE International Amateur Athletics Federation (lAAF) has ratified the opening of track and field events for professionals from other sports. The vote at the lAAF Congress in the West German city of Stuttgart "was unanimous," said lAAF president Primo Nebiolo of Italy on Sunday.
      AP  -  338 words
    • 164 9 UPI AMERICAN Eddie Lawson, who had already secured the world 500 cc motorcycle title, won the San Marino Grand Prix on Sunday but Venezuelan Carlos Lavado, also a 1986 season champion, slid out of the 250 event in Italy. Yamaha rider Lawson, 28, from
      UPI  -  164 words
    • 430 9  - Pesta Sukan full test awaits Mahader By BRIAN MILLER TOP-SEED Mahader Hassan looks to have 4iis work cut out for him in this year's Pesta Sukan tennis championship and, while favoured in many quarters, this weekend's action at Kallang will see him being tested to the fullest. Mahader has so
      430 words
    • 498 9 UPI IVAN LENDL completed his tune-up for the US Open on Sunday with a commanding 6-2, 6-4 victory over John McEnroe in the finals of the US$l5O,OOO Hamlet Challenge Cup in New York. It was the first meeting between the two since Lendl dethroned McEnroe last
      UPI  -  498 words
    • 226 9 Reuter TOP-SEEDED Mats Wilander of Sweden beat second-seeded Jimmy Connors of the US 6-4 6-1 to win the U*****,000 ATP championships on Sunday. The victory was Wilander's third ATP title in four years. The Swede, the world's secondranked player, has appeared in four consecutive finals in
      Reuter  -  226 words
  • Page 9 Advertisements
    • 571 9 PRIMA LIMITED (FLOUR MILLS) (Incorporated m the Republic o« Singapore) COMPANY ANNOUNCEMENT UNAUDITED RESULTS FOR FIRST HALF YEAR ENDED 30TH JUNE,I9B6. The Company 30.06.86 30.06.85 1 (a) Turnover 30.010 Z8.49* (b) Investment Income <278 5720 312 V 226 180 -"74 6 (c) Interest Income 4898 *20 6 ♦11.1 2 (a)
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  • Page 9 Miscellaneous
    • 1400 9 TO GOD BQDQ® I •s* Sm <7 Elizabeth Taylor (centre), Laurence Harvey and Billie Whitelaw star in this suspense mystery based on a play by Lucille Fletcher. Taylor plays a rich wife who is enjoying a visit from a childhood friend when terror strikes. She begins to witness murders but
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    • 77 9 Play gol£ the Sevvy way TH£ BACKSMHG SHOULP 3E PREE ANP SMOOTH, BUT BELIEVE THE AMATEUR WOULt> v BENEP/T FROM KEEPING TWO KEY THOUGHTS /V I H/S MINP. P/RST THE BUfLP UP SHOULD BE SCOtYANP PEL/BERATE, SECOHOLY THE LEFT SHOULPER SHOULP REACH A PO/HT PULLY UNPER THE CH/N ANP PlRECTLY
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  • INTERNATIONAL COMPANY NEWS
    • 742 10 Owner People Express faces uncertainty NYT FRONTIER AIRLINES, a major carrier in the West, was shut down on Sunday, stranding thousands of passengers, and causing uncertainty for the future of People Express, which owns the airline. People Express, which ordered the shutdown of Frontier, warned that, unless
      NYT  -  742 words
    • 125 10 Reuter UNILEVER NV has extended its shareholding in Naarden International NV to 49 per cent. The Anglo-Dutch food and detergents group is engaged in full takeover talks with Dutch flavours and fragrances company Naarden. It said on August 21 it
      Reuter  -  125 words
    • 506 10 SIX MONTHS after United Airlines took over the Pacific routes of Pan American World Airways, its expanded service in the Far East has earned a reputation as a traveller's nightmare. It has been plagued by cancelled flights and late arrivals. Passengers complain that harried
      506 words
    • 532 10 Reuter BRITAIN'S Conservative government has turned the country's huge state gas company Into a public company, paving the way for the world's largest share flotation as part of Prime Minister Margaret Thatcher's privatisation programme. Some financial analysts in London say the flotation, forecast for
      Reuter  -  532 words
    • 239 10 Reuter CADBURY-SCHWEPPES PLC acquired a 30 per cent share in Dr Pepper Co when Dr Pepper was sold recently to an investment group, according to Beverage Digest* publisher. Forstmann Little and Co last week agreed to sell Dr Pepper for US$4l6 million to a
      Reuter  -  239 words
  • Page 10 Advertisements
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      496 words
    • 109 10 Ml' 1 L* Ml 3* Rng Ch6ng Ijou Seafood Reslauranl Prepared by master chefs from Hong Kong, our set lunch and dinner menus offer extraordinary value. Lucky Menu $80++ for four persons. Good Luck Menu $168++ for eight persons. Happiness Menu $268++ for 10 persons. CF^wn ®PWWtZHOm Managed by Pnnc*
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  • ASIAN STOCKS
    • 462 11 TOKYO: Share prices surged on widespread bargain-hunting yesterday, pushing the market average to a record one-day gain and wiping out more than half of the losses of the previous three sessions. The 225-share Nikkei Average leaped 432.78 points to 18,565.61, surpassing the previous record sin-gle-day rise of 320.56 set
      462 words
    • 73 11 a ST!..:::::: NM 0.0014 +0.0002 Onantal B PM Ovomoi PMax B 0013 0.014 035 +0.001 -0002 Apn Min»<u B Alio* Con. B. Bogi»o_Go<d Banc Pttrotawi Banguat Con. B 0.015 +0.001 Bcop B PLDT IB2 •I 10 -1 0.0016 unch 0.0055 inch 85 -7 Son Maguol B Saoftont Sim* Darby
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    • 437 11 SYDNEY: Australian share markets closed easier in subdued trading yesterday, reflecting easier gold prices and concern about rising domestic interest rates. At the dose, the All Ordinaries Index was down 4.6 points at 1,179.2, the All Industrials Index was down 6.7 points at 1,874.3 and the All Resources Index
      437 words
    • 84 11 AUG 25 W. «TOr'lZZZ 2 Oj- Sugar 1950 -50 "Z -ilOO Do*n hd 550 -26 I960 -65 Doowoo Corp 1580 -60 Qrwrtal Br«wary 1301 -589 Doowoo Hoavy 1391 -35 Pacific Charmed 1481 -109 Dang Ah Phar 871 -29 Dong Suh Stack I960 +60 JaTO Do^ 1730 7 Z 3390
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    • 247 11 AUG 2S M Smear* lndu> NT 1 76 23 20 004 02 Kuochan Dav Laa Chang Yuan Cham kiout 21 80 28 20 1060 0 3 0.7 0.2 30 40 05 31 40 -35 1 kwo Bank 39 80 22 90 0 1 Nat biwailwart 344.60 -4.2 Ova Hwi
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    • 161 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday rose 0.69 to 147.57. Turnover amounted to 453,998 shares valued at 82.2 million baht. Reuter Ths Hongkong markot was closed for Liberation Day. AUG 2S Ao Kham Thai Bohta Stam Camanl S«am CMm Sam Omn *15 u» inch Ayudhya >i»«liiMHt
      Reuter  -  161 words
    • 88 11 Reuter FIJI gold miner Emperor Mines Ltd will form a new international holding company incorporated in the Isle of Man The new company replaces its Australian holding company, subject to shareholder and court approvals. However, Emperor shares will continue to be denominated in
      Reuter  -  88 words
    • 111 11 Reuter HONGKONG'S Financial Secretary, Piers Jacobs, yesterday said the government was investigating Wing On Bank and hoped to complete the investigation by the end of this year. "The Attorney General and the police are looking into the matter. A decision (on possible legal proceedings)
      Reuter  -  111 words
    • 184 11 FT CARSON Cumberbatch and Company, one of Sri Lanka's oldest agency houses, has been refused permission by the finance minister, Mr Ronnie de Mell, to reinvest in Malaysia the sales proceeds of Ave plantations which the company must sell under
      FT  -  184 words
    • 342 11 Reuter THE HONGKONG and Shanghai Banking Corp, in spite of intense competition in Hongkong's banking sector, is likely to show 7 to 9 per cent growth in profits when it reports interim results today. Analysts said the bank's net profits for the six months ended
      Reuter  -  342 words
  • Page 11 Advertisements
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      179 words
    • 113 11 v *l Happenings galore, prizes aplenty... from now till August 30 Remy Martin XO and Highland Queen whisky bottle buyers will receive exclusive gifts and win attractive prizes in a lucky auiz. Ladies Night and no cover charge for couples till 10 pm Sunday to Friday Ample free partcing Century
      113 words
    • 89 11 Paramount Hotef Whf ththtppy peopfgo *'ll < IX < I' <4/ ft f a This month's delight A LA SINGAPURA Buffet Lunch Dinner Aug 8 31 Adult: $12.50 Child: $B++8 Special Feature Friday Vogue August 15, 22 29. Showtime: 1.15pm I LEVEL 4, Paramount Hotel, Marine Parade Road, V Singapore
      89 words
    • 156 11 'Ill** M *,< 1 i m** 1 V Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits
      156 words
    • 129 11 Deluxe Single/ double occupancy s s66 Transit Special StMl ft DMU biMk from your htMy achadula or iuat a«ah up and rata* In It* cool of our luxurious room. *j|ArtA 19 Cam** bck Sngaeor* 09» T« *****22 Tw «S 2*7*2 Amptt Ira* panting Car iccaar aoaMaBM I i m BE§
      129 words

  • RAW MATERIALS
    • 585 12 Known reserves amount to I.4pc of world total MBT MALAYSIA'S proven natural gas reserves of 1,400 Ullion cubic metres as of Jan 1, 1986. are estimated to last more than 100 years. Even then, the estimate Is conservative as it is based on
      MBT  -  585 words
    • 533 12 AP JOHN CASSIDY is buying as much oil field equipment as he can get his hands on. A couple of times a week, he makes the rounds of towns hard hit by the depression in the US petroleum industry. After each visit, his
      AP  -  533 words
    • 159 12 Reuter EGYPTIAN Oil Minister Abdel-Hadi Kandeel has forecast that world crude prices will reach about US$2O a barrel this year. He told the Mayo newspaper: "What I understood from meeting Opec ministers is that there will be a balance between supply and demand
      Reuter  -  159 words
    • 438 12 AP CREDITORS of the International Tin Council have claimed to have evidence that member-governments had full advance warning that the metal market was running out of money before it collapsed last year. Tinco Realisations, representing 11 British metals brokers claiming to be owed
      AP  -  438 words
    • 85 12 THE PRICE sf tin sa the Kub Lamper Tie Market eased three cents treat last Friday's etose te M814J2 per kg yesterday. Dealers said lack ef Earepeas Is te rest aid werM steeks el abeat N,IN teaaes kept the Dtspesals fell te 98 teaaes treat in teaaes test
      85 words
    • 198 12 MALAYSIAN crude palm on prices close d lower yesterday oa renewed selling aad i f of buyers, with a weaker Chicago soyoil futures close last Friday weighing on levels. India's failure to buy vegetable oils at Its weekly import tender last week also dampened sentiment. Trading was thin.
      198 words
    • 67 12 Bangkok (USS/iowM, FOB) White Rice 100% Ist class 265 100% 2nd class 230 100% 3rd class 225 5% 215 10% 210 15% 205 20% 195 25% 185 35% 185 Broken Rice A-l Super 135 A-1 Special 132 C-l Special unq C-l Od unq Loon zain Rice 100% Ist grade
      67 words
    • 128 12 Renter THE FEDERAL government has ratified its AJIOO million, three-year aid package to the Australian sugar industry in a Joint agreement with the Queensland government, Prime Minister Bob Hawke has announced. The package provides price support, funded on a two-for-one federal-state basis, farm and mill
      Renter  -  128 words
    • 332 12 SINGAPORE The market closed firmer yesterday with September One RSS buyers quoted at 178J5 cents per kg, up L 25 cents (ram last Friday. The morning session recorded s gala of 0.75 cents on some short-covering of —1 il *LlutpMuxr ponuon in imzi trading. Prices rose further in quiet
      332 words
    • 254 12 RAS prices S caati/kf, F08 m k da. NOON n.wf kit 1 RSS Prompt 175.50 176.50N 176.25 177.2SN Int 1 RSS Sap 86 175.75 176.25 176.25 176.25 k« 1 RSS Oct 86 174 JO 175.00 174.75 175.25 Int 2 RSS OP 172.00 174.00N 172.00 174.00N Int 3
      254 words
    • 83 12 (cwttiAg, l-t«« p «fen) 5£p 86 OCT 86 (currant month) NOON Itofworo nionTnj NOON RAS ftvyan SaBan Bwyart SSR 20 157.50 159.50N 158 00 140.OON SSR 50 154.50 156.50N 155.00 157.OON MRELB fctw U)W NNn SMR CV 238.00 240.00N 239.00 241.OON smr l 238.00 240.00N 239.00 241.OON
      83 words
    • 97 12 OIL PRODUCTS LITTLE crude trade with London on holiday. In late Friday trade, Asian crudes were assessed at: 10.90 (Minas, Sep), 13.00 (Tappas BL, Sep) and 10.60 (Cinta, Sep). Singapore products were quiet with fuel oil marked down again following late trades on Friday. Closing prices for crude (fob origin)
      97 words
    • 113 12 Chineee Produce Exchange k*9 25 (SV100 kg). Coconut oil BuMc FOB 43 00 CHd drum FOB 56 00 New drum FOB 60.00 Copro 21 Mixed (loose) buyers Pepper Muntok Whrt« »227 50 FOB NLW Sarawak Whrte *****0 FOB toq NLW S btodk°FOeNLW 862.50 Sarawak Asta black FOB NLW
      113 words
  • Page 12 Advertisements
    • 325 12 NOTICES i I'll-, -11, COMPANIES ACT, CAP. IK AND IN THE MATTES OP JIN JIN HOMES PTE LTD (la Menken* Vetaatary At an Extraordinary General Meeting of the Company duly convened and held at Block 1050 Eunos Avenue 7 #01-137 Singapore 1440 on 20th August 1980, the following resolutions were
      325 words
    • 315 12 PTE LTD (la Mfhn'i Vehutary At an Extraordinary General Meeting of the Company duly convened and held at 20 Maxwell Road, #00-03 Maxwell House, Singapore 0106 on 20 August 1960, the following resolutions were duly passed: SPECIAL RESOLUTION That Rite trade Services Pte Ltd be wound up voluntarily pursuant to
      315 words
    • 340 12 TO OUT AKm ACT, CAP. Iff AND BIEW CHEONO COKPANY At an Extraordinary General Meeting of members of SIEW CHEONO COMPANY (PTE) LIMITED duly convened and held at 190 Middle Road, #16-03 Fortune Centre, Singapore 0718 on the 19th August 1968, the following resolutions were passed (a) "That the Company
      340 words
    • 209 12 BUPERGAIN PTE LTD. PINAL MEETING Notice Is hereby given, in pursuance of Section 306 of the Companies Act, Cap. 185, that the FINAL GENERAL MEETING of the members of the abovenamed Company will be held at the registered office of the Company at 3 Shenton Way #03-02 Shenton House Singapore
      209 words
    • 309 12 IN THE MATTES THE COMPANIES ACT, (CHAPTER IM) AND WINDING-UP At an Extraordinary General Meeting of the Members of SUPREME (PTE) LIMITED duly convened and held at M/s Hong Poh Hln Company's office of 10 Anson Road, #23-068, International Plaxa, Singapore 0207 on 20th day of August, 1986 the following
      309 words
    • 291 12 IN THE MATTES OP TB COMPANIES ACT, (CHAPTER Itt) AND CKEXMT PTE LTD At an extraordinary general meeting of members of OOLDEN CREDIT PTE LTD duly convened and held at 400 Orchard Road #06-10 Orchard Towers, Singapore 0023 on 25th August 1086 the following Special Resolutions were duly passed: "That
      291 words
    • 258 12 CATHAY ORGANISATION ENTERPRISES PTE LTD (In Voluntary Liquidation) At an extraordinary general meeting of Cathay Organisation Enterprises Pte Ltd held on 22 August 1966. the following Special Resolution was duly passed That Cathay Organisation Enterprises Pte Ltd be wound up voluntarily and that Messrs Roger Philip Edmonds, Jeffrey Heng Ghee
      258 words
    • 7 12 Tho London marfcot wm cIQMd for lato
      7 words

  • SHARE INFORMATION
    • 4097 13 A HOTCH-POTCH of shares in various sectors dominated the limelight on the local stock exchange yesterday, with marinebased Chuan Hup topping the actives list with 1.68 million shares changing hands. But the counter added a marginal three cents to ».32. Banking stocks ICB
      4,097 words
    • 213 13 SINGAPORE Metre HMfi 1 C TMLMM See V.mm U O L M Gtmm M Beafciee F— M jm Ria«s 424 424 406 410 k 286 16 IBS 16 141 +16 161 +15 410 +14 268 +13 ti 183 +11 412 +12 242 +12 124 +12 206 +11
      213 words
    • 3370 13 SECTION ONE I INDUSTRIAL COMMERCIAL Acmo (1.688 1.695) (15) 1.64 (5)163(42)1.65(69)166(34) 1.67(10) 1 69(4) 1 66(3) 1.67 (62) 1.68 Alcom (0.685) Amol Steel 50« (0.978 098S (1) 0.91 (6) 0 92 (4) 0.92 (4) 0 93 (3) 0.94 (39) 095 (27) 0 97 (12) 0
      3,370 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 373 14 ma HONGKONG BROKERAGE Sun Hung Kai Securities rated United Industrial Corp buy/hold at the price of $2.10 in its latest assessment of the company dated July 1. The broking company based its recommendation on the coming onstream of the group's recent diversifications,
      373 words
    • 230 14 Reuter MALAYAN UNITED Industries Bhd subsidiary, MUI Australia Pty Ltd, and one its directors, SB Cheah, plan to make a proportional bid of A 52.40 a share for 25 per cent of each shareholder's stake in dairy foods group Peters W A Ltd,
      Reuter  -  230 words
    • 507 14 STRONG BUYING support in the afternoon session pushed share prices up across the board in (airly active trading at the Kuala Lumpur stock market yesterday. Singapore industrial and property stocks, as well as blue chip counters, were the favourites and sprang up smartly on
      507 words
    • 2259 14 BID and offer prices officially listed and business In and reported to the Koala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. NXJSTtULS Acm (1988 210S) xd Ajtae—to (3008 3025) Alcorn (708)
      2,259 words
    • 111 14 HONGKONG Hongkong Index Monday Closed Friday *****6 Week ogo 1221.71 Hong Seng Index Monday Closed Friday 1946.03 Week ago 1950.12 All Industrials Monday 1874.2 Friday 1880 9 Week ago 1879 3 NEW YORK Dow Jones Friday 1887 80 Thursday 1881.19 Week ago 1855 60 TOKYO Nikkei Averoge Monday
      111 words
    • 257 14 Managers' prices MARA-Bumiputra for Aug 26 First B'putro 4 65 4 70 Singapore Unit Trust Second B'putro Thrd B'putro Fourth B'putro 431 436 3 29 3 34 The Commerce 0 86 0.92 3 70 3 75 The Sovngi Fund 0 78 0 84 Fifth B'putro Sixth B putro
      257 words
    • 41 14 Larat Tto Fields Berhad: 56th AGM at Holiday Inn, Jalan Pinang, Kuala Lumpur, today at 9.30am. MBf Fluiee Berhad: 15th AGM at The Penthouse, 23rd Floor, Plaza MBf, Jalan Ampang, ***** Kuala Lumpur, on Friday, August 29, at 10am.
      41 words
    • 652 15 By HOCK LOCK SIEW PUNTERS' EXPECTATIONS of improved prospects for corDorate earnings have, by and large, been fulfilled by the string of encouraging interim results announced by several companies, be they in trading, marine, banking, or even property. Profitable companies have been reporting higher
      By HOCK LOCK SIEW  -  652 words
    • 427 15 MBT ROXY ELECTRIC Industries (Malaysia) sees the property sector as one of several potential areas of growth for the company, according to executive director Leslie Eu. Mr Eu, who has Just been appointed to the board in place of Datuk Alex Lee, said
      MBT  -  427 words
    • 359 15 LUM CHANG HaMlags Ltd Ha« acquired two whollyowned subsidiaries, Lum rtmng (China) Investments Ltd and Lum Chang Trading Pte Ltd. The former was acquired in July for holding investments in Hongkong ami chin* in place of Lum Chang (HK) Investments Ltd, which is now a single purpose company
      359 words
    • 223 15 Company RIGHTS ISSUE A B N One-for-ten Duta Cons One-for-one $1.10 per shore George Town Two-foc-one 0 1 00 per share Kesang Hldgs Three-for-two $1.10 per share M A A Five-for-one $1.20 per share Mycom Bhd Three-for-two at $2.00 per share Peak Hua Three-for-one <e, 1.00 per share
      223 words
    • 584 15  -  By NAJEEB JARHOM YET ANOTHER provision for diminution in the value of its Malaya Tin Printing shares pushed pre-tax profits at flour milling group Prima Ltd down by 26.4 per cent to $6.63 million in the January-June 1966 period against $9.01 million in the same
      584 words
    • 383 15  -  By AMY CHEOK MATERIAL TRADING Pte Ltd, a private company belonging to Wannian Holdings's chairman Liew Choon Kee, has been declared insolvent. A formal notice of the company's insolvency was made public yesterday by CK Liew and Liew Heap Hwa, both directors of the company
      383 words
    • 346 15 HARIMAU INVESTMENTS Ltd, a member of the OCBC stable of companies, has turned in an improved set of half rtmp results thanks to a writeback in the value of investments. For the interim period ended June 30 this year, pre-tax profits rose to $2.89
      346 words
    • 280 15 MINI-CONGLOMERATE United Industrial Corporation is expected to save between $500,000 and $1 million a year in interest expense if it chooses to draw on the full amount of the recently signed $80 million (US$4O million) note issuance facility
      280 words
  • Page 14 Advertisements
    • 680 14 Facility allows UIC to sava up to $1m a yaar, Paga 15 RANOUEFRANCAfSEOU Mead OMm: 21 Boulaod Hauaanann. ***** Pale Cedac 00 ASSETS Cash, due from Central Banks, French taaaury and poaM clacking accounts Oua from banta and odw hwcU inaHuttona liaauy bMs and monay marlat loana eecured by bias
      680 words
    • 333 14 TEN NUMBERS VACUATORS USED FOR ORAM DISCHARGE We are interested in tele of above equipment on "as is where is" basis. The brief particulars of these units and associated equipment is as fottows. Make Dunbar Kappie Model 3063 driven by General Motor Diesel Engine Type GM6V7O each machine weighing 3.5
      333 words

  • Page 15 Advertisements
    • 88 15 U5530,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 27th February 1989* The Dai-Ichi Kangyo Bank Limited (Singapore Branch) In accordance with the provision of the Certificates, notice is hereby given that for the initial six month interest period from 26th August 1986 to 26th February 1987, the Certificate
      88 words
    • 231 15 f?£PSjt\ HARIMAU INVESTMENTS LIMITED t lncorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1966 The Board of Directors of Harimau Investments Limited wishes to announce the unaudited results of the Group and the Company for the six months ended 30 June *****0.6.86 30.6.85
      231 words

  • 230 16 THE INTENSIVE 25-hour visit to Singapore by Philippine President Corazon Aquino will commence today with a 12 noon guard-of-honour ceremony at the Istana. A two-hour scheduled meeting with Prime Minister Lee Kuan Yew is the longest item in the itinerary of Mrs Aquino, the
    230 words
  • 756 16  -  By MARGARET THOMAS, Special Correspondent THE CHANGES to the Central Provident Fund foreshadowed recently will become effective from January 1987. They will mean that around 3,000 people a year will be required to leave a minimum amount of their Central Provident
    756 words
  • 197 16 THE SCHEME in short: If you own property worth at least $30,000, you can withdraw all your money at age 55. If you have less than $10,000 (excluding Medisave) in your account, you can withdraw all. If you have between $10,000 and $20,000 (excluding Medisave)
    197 words
  • 445 16 Bernama THE MALAYSIAN government will review its policy of providing subsidies and other financial aid to individuals to eradicate the dole mentality among the people. Opening a seminar on welfare services in Kuala Lumpur yesterday, Prime Minister Mahathir Mohamad said it was
    Bernama  -  445 words
  • 463 16  -  By ANNA TEO TO SHARPEN Singapore's competitive edge in overseas markets, the government wants the private sector linked up in a national computer network. Businesses could then plug in to government databases relating to the economy or land use, BrigGen Lee Hsien Loong said
    463 words
  • 108 16 Reuter THREE OF THE world's major wheat exporters said yesterday that export subsidies by the US and the European Community had created a market crisis in the commodity which was likely to worsen. Tlie market situation is deteriorating rapidly, said Australian trade minister John DawUns.
    Reuter  -  108 words
  • 79 16 Reuter COMEX gold futures rose sharply yesterday morning on spillover firmness from the Zurich market where Swiss dealers were prominent buyers. In active business, the pacesetting December delivery went up US$7.5O at U*****.00 an ounce. Comex silver futures firmed on short-covering after slipping on carry-over selling
    Reuter  -  79 words
  • 60 16 Reuter WALL. STREET STOCKS opened sharply lower yesterday, led by two futures-related sell programmes and investor disappointment that prime rates did not fall after last week's discount rate cut Analysts said the market's mildly overbought position contributed to the decline. The Dow Jones Industrial Average fell 12
    Reuter  -  60 words
  • LATE FILE
    • 34 16 Reuter PALESTINIAN leader Taster Arafat said yesterday Jordan was trying to bypass the Palestine liberation Organisation and warned King Hussein against entering into talks with Israeli Prime Minister Shimon Peres.
      Reuter  -  34 words
    • 34 16 AFP THE OUTLAWED Communist Party of Malaya (CPM) is helping drug traffickers smuggle heroin and other narcotics from Thailand into Malaysia, a Malaysian armed forces spokesman said yesterday. AFP
      AFP  -  34 words
    • 39 16 Reuter A LEAKAGE of toxic volcanic gas has killed the entire population of a village in north-western Cameroun and the death toU could be over 1,500, travellers returning from the area said yesterday. Reuter
      Reuter  -  39 words
    • 45 16 Reuter THE NUMBER of Jobless in the 12-natkm European Community (EC) rose by 175,000 to 15.65 million in July compared with the month before, largely because of school leaven, the EC statistics office, Eurostat, said yesterday. Reuter
      Reuter  -  45 words
    • 27 16 UPI FIVE MEMBERS of the family of former Soviet dissident Anatoly Shcharansky left the Soviet Union yesterday, ending a 12-year-strug-gte for emigration to Israel.
      UPI  -  27 words
    • 39 16 Reuter THE EUROPEAN Community is imposing duties on Japanese photocopiers which it said are being dumped on the European market at artificially low prices. The provisional duties at 15.8 per cent are effective tomorrow.
      Reuter  -  39 words
  • Page 16 Advertisements
    • 180 16 Common iMffcct pledge, Pago 4 Mr* Aquino stops out into tho world irons, Pogo 7 HMmMti You make the choice. We make the arrangements. Buying a home is now easier. Just choose the home you want: a bungalow, a terrace house, an apartment or a condominium unit. Then call at
      180 words
    • 43 16 ORCHARD RT m 68 are a cX^ <eS 0» *Jj? u( V> roe *^S'o^ Please send one of your representatives to meet me. COLLECTION AGENCY 150 Orchard Road, #07-06 Orchard Plaza, Singapore 0923. Tel: *****06, *****74 (Miss Kimmy Quek) Name:.... Position:. Address: Tel:
      43 words
  • Page 16 Miscellaneous
    • 42 16 vmtsm Report for 24 hours prior to •port .30pm on Aug 25 ot tho air 30.1 ..72 25.2 ..91 2.25 1.0 87.0 8 Anofiotid humidity Hours of auimkmi RoinfoH ill mfllMittrGS -i n nnt L KOIrTTOII Tm9 fwOCTTW ••< Roiny doys thu n)ootf)
      42 words

  • SHIPPING TIMES
    • 145 17 STATE-OWNED Yang Ming Marine Transport Corp has taken delivery of a 3,042-TEU full container ship from stateowned China Shipbuilding Corp, CSBC, a Yang Ming official said. Tlie official said the ship is the second of eight vessels Yang Ming has ordered from CSBC.
      145 words
    • 597 17  -  By JUNE LIM THE SINGAPORE Maritime Officers Union has proposed a number of measures which it said would help streamline maritime administration and education in Singapore. It has suggested a merger between the Marine Department and the National Maritime Board. Mr Thomas
      597 words
    • 204 17 Lloyd's List FINAL HURDLES in the progress of legislation proposed by Liberia to reduce registration fees temporarily should be cleared this month. The country's Commissioner for Maritime Affairs Mr Philip Bowen said in London that the bill should complete its final
      Lloyd's List  -  204 words
    • 121 17 Fairplay THE PORT of London Authority (PLA) returned to a gross profit of £15.1 million (U5522.3 million) in 1985, compared with £13.7 million in 1964. Turnover of £78 million was £5.6 million higher than the previous year and the net result for 1985
      Fairplay  -  121 words
    • PORTSIDES
      • 125 17 AP A ROYAL AIR Force helicopter landed engineers aboard a hovercraft stranded on Sunday in the middle of the English Channel with 132 passengers on board. The vessel lost its power and was unable to generate the cushion of air on which it travels after a fire broke
        AP  -  125 words
      • 119 17 LLOYD'S REGISTER of Shipping has been awarded the certification contract by Hydrocarbons Great Britain Ltd, a wholly owned subsidiary of British Gas, for the Phase 1, Stage 2 Morecambe Bay Field Development Project. Stage 2 of the development will expand the field's gas production by the
        119 words
    • 1390 18 FAIRLY active coal chartering is reported on the freight market on Friday while grain fixing out of the US is quiet but with rates holding fully steady, shipbrokers said. Coal shippers paid US$4.B5 from Mobile to Port Talbot and $9.50 from Durban to Antwerp-Ham-burg range. There were also
      1,390 words
    • 1121 18 After a protracted battle, Norfolk Southern has dropped its US$l.9 billion bid for Conraii. The withdrawal was welcomed by officials of companies which use railroads to ship their goods around the US. In their view the merger would by reducing competition act
      NYT  -  1,121 words
    • 356 18  -  By Kingsley Wood NEW SOUTH WALES shipyards had bungled far too many naval contracts to be given another chance with the AJ2.6 billion submarine replacement work, a Labour MP told South Australian parliament. Mr Michael Rann said he wanted to ensure that
      356 words
    • 701 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 ANtrans VII 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bolt-Canada Line VII 4/5 Bolt-Orient Line VII 4/5 Bank Line V 5 BBS II 4/5
      701 words
    • 72 18 AFP ROGUE TYPHOON Wayne, which killed 52 people and left 24 missing as it rampaged through Taiwan last Friday, swept back to strike a glancing blow. Authorities said Taiwan is again threatened by another typhoon called Vera, which is speeding across the Pacific with centre winds
      AFP  -  72 words
    • 176 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/Straits Container Line
      176 words
    • 167 19 FT THE 1,800 registered dockers in the Port of Liverpool are to impose an overtime ban from today in protest against the delay in negotiating a two-year pay and productivity package backdated to the beginning of May. A meeting of the Transport
      FT  -  167 words
    • 559 19 Reuter SHIPOWNERS are considering the use of anti-missile systems aboard Gulf-bound tankers following the latest upsurge of attacks in the Iranian-Iraqi "tanker war". Shipping agents and salvage experts in the Gulf said that merchant ships are looking at technology developed during the
      Reuter  -  559 words
    • 303 19 Lloyd's List NORWEGIAN shipowner Fred Olsen Co is on the verge of ordering up to three large crude carriers after an absence of 20 years from the tanker newbuildings market. The company is close to completing a deal with Hyundai Heavy
      Lloyd's List  -  303 words
    • 178 19 THE Transpacific Westbound Rate Agreement has once again deferred plans to impose a controversial new emergency surcharge for cargo delays. Member lines have held their hands from imposing the surcharge, which was first planned in July, as port conditions in the US have
      178 words
    • 300 19 AFP RATES SOARED again on several major routes on the tanker market over the past week, reflecting further reports of attacks on neutral shipping in the Gulf States area. Despite thin enquiry for larger vessels in that area, tune relative scarcity of such tonnage allowed owners to boost
      AFP  -  300 words
    • 181 19 Fairplay WEST GERMANY'S troubled shipyards took in orders for only 16 newbuildings worth DM262 million (US$l3l million) in the first half of this year, the lowest figure for 10 years. According to the Verband de Deutschen Schiffbau-industrie in Hamburg VDS, total orders
      Fairplay  -  181 words
    • 7165 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,165 words
    • 725 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Maersk Mango 8635 268 86 2300 Maersk F5 1400-1500 B2 Zim S'pore 15W 26.886 1700 Star Shpg F7 0800-0900 U4 Pelopor 202W 26.8.86 1800 Boustead F7 0900-1000
      725 words
    • 1692 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S). AB Shipping Boustead Shpg Agencies Afea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Oceanus ShippmgAgencies (S) Multiport Sdn Bhd (PK). American
      1,692 words
    • 458 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Alfesoni KI9 Confer alongside 26.8/2300 Arrow King K12 Ned-EAC alongside 26 8/1500 GfSO Maru 8 K20 NTYSS alongside 26.8/1830 Soeboda K36 Hai Sun Hup alongside 26.8/2300 Auby K25W SSPL 26.8/0630 27.8/0600 Boiyunshan K27 Y Fung 26.8/1200 29.8/2300
      458 words
  • Page 17 Advertisements
    • 799 17 Available aI all good bookshops THE HEART OF THE DRAGON OOCL CvUcum* Line STRAITS EUROPt EXPRESS SERVICE imobc shptwg agenccs dm 24*4/ ook) 200 Cantonment Road #12-06 Southpomt Singapore 0208 Tel *****11 TELEX NO ***** TEMMAI/CrS 3200 218 TO 220 BOOWNCS 3200 234 TO 235 PESMA MM MfK MDUES SON.
      799 words
    • 68 17 THE NORFOLK Southern Corp is withdrawing its US$l.9 billion bid to buy Conrail, the big north-eost freight line in which the government has an 85 per cent stake. Page II SHIPOWNERS ore considering the use of on-ti-missile systems aboard Gulf-bound tankers following the latest upsurge of attacks. Pag« 111 Index
      68 words
    • 780 17 <4. BALI-ORIENT LINE Baltic SMppint Co Ktpijf Service* from South East Mb te Unittd Kingdom and »i norm uonunem# rorts Agent: Singapore Soviet Shipping Co Pte Ltd Tefc *****33 MAERSK LINE FASTEST TRANSIT TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS F*«d«r K#lang Voy
      780 words

  • Page 18 Advertisements
    • 329 18 TZ3MEMißiiEiaißMßinißiM| li^wßMCMi!E3iMiMMinga3-L^siiiiggißgT»DEgsMpnw»aiwggTM MIDDLE EAST Full Container Service (A member of Oasis Consortium) r_zTT? TRANS SIBERIAN SERVICE Weekly Container Service t F& ihipwwMi to: Ira*. MthwMlm, E. 6bnmn|. Mowi. FUni. Itafmy, Denmark, WMwt Amtra nine ffeofch Straits Fm4rt IftSMk. PAN ASIA LINE INBOUND FOR STRAITS PORTS a. Biifaru. Poland. Yufoslavia. Czechoslovakia.
      329 words
    • 386 18 lEll TT-TTTT-11^ Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA 11/9 It-13/9 2t/9 25-20/9 11/10 I 10-13/10 U/ll 22/1* 124/10 S/ll l/U 21/11 123/11 7/12 I KJil I'"' M'liii if 7 Mm accepta* cm/n hi IMb (MB). 1 Franc*. OiM, SMM aM Sa Dkp ita L CkaM«ta* ia Ml CAMKAN
      386 words

  • Page 19 Advertisements
    • 740 19 The Straits Steamship Group 3 Mansfield Container Shipping Re Ltd Overseas Containers Limited ■xi ;ir w;n i \m\ »/i »/t M/ 9 15/1 11/9 12/9 a/9 23/9 29/9 21/9 •4/II 91/14 SIM trwi nmrta La* 11/9 20/9 22/1 21/( 25/9 23/9 29/9 27/9 21/9 31/9 •1/lt 13/19 95/19 K/ll M/ll
      740 words
    • 850 19 Franco Belgian Services i r ..»r r. r. h ,lh /fc-i.in I ,r I rr. I <¥ trm PJffUM lidnria ntoM Mm HmM mektm cms ak (aho is s*t it s*t w s*t a s*t a s*i as* tmm am raMW )3i(is«i SS DS flhpi aM liN raw KFTVK CtYSTM.
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  • Page 20 Advertisements
    • 278 20 5* Hapag-Lloyd TO CONTINENT, UK EXPORTS TO EUROPE MED rpm L* I. gUNGOAO 11/10 I SHMGHM 17/11 13/1111/11- 19/11 14/1217/12- 29/12 FROM N. CONTINENT &UK IMPORTS Shmwt *****56 K. Lump* *****25/6/1 *****49 Book** *****71 t. Kcfanf *****1S Er«fW *****00 CFS *****50 CFS ***** a Pmm( *****7, 6134X2 TnM *****33 *****3
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    • 391 20 m MCS.line turn tm»mt c ur**A r>M FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ B Member ot the Ace Consortium omentai am sow KOMAN WOJM 35" NEPTUNE CUTSTAI 3SH (OMAN CHANCE 20* FROM EUROPE VIA SUEZ A Member ot the Ace Consortium FUILY CONTAINERISED TO (ROM NORTH AMI RICA WE
      391 words
    • 318 20 Mr Hai Sun Hup Co (Pte) I td TEL *****06 (20 Lines) TLX RS ***** A RS 2C672 ft J 1 \s| I R\ \|< I K. I I I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IfM INTERMARITIME LTD K. Kkafcata (Si* Afwt) M 22ISM takarta (V*
      318 words
    • 784 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST OUTBOUND INBOUND FIDO I* MP MOTTO IS. UU K sn w m no ummg n/i noaM 21/1 m/i no Lisas Tift nan mom 24/1 »/i 27/1 no GOODS 4/1 DKCT M/l VII no goods 4/1
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  • Page 21 Advertisements
    • 748 21 PACIFIC INTERNATIONAL LINES \Y\V\ PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE OOWA HOT A MMA majapamtt SIN JKT MY SIM HKQ KAO *TCH KEE BUS *MUR *MTC YOK KOB KK sid sid mft as/a 1/s s/s 4/t s/s 7/s ii/t wj ws 2/S
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    • 872 21 BENUNE CONTAINERS TO UK/CONTPDfT rrm pjumc M/l 3*l C»y at (Mr* I 4/1 S/i Fiartlvt l*mt I U/1 U/1 Car«a* far a/i 23/1 1/1 12/1 1/11 2/11 4/11 VII 7/11 1/1 23/1 11/11 11/11 11/11 14/11 li/11 t/1 2t/1 14/1 C 17/11 11/11 21/11 22/11 4/11 t/ll 24/11 2VII 27/11
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    • 468 21 DJASAQETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. BWI LLOYD p.T. vmmm nmkha t x twkou lliyi EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE Spwt |Mm k'taK/l'tai Htei/Hw uinm cmm m m n-3i/i 3/11 i/it 12/11 ATMM/RTMM KW 23/11 21/11 ■ddi kim/rom nut 4/11 7/11 11/11 tml u
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    • 314 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR PAGAN VIO2W MEROI nVH pa-an v/iooa HTONEYIVA V/21CN V* Spore 29/31 fa* «/SS*t 21/22 Sept 21/31 U* (Burmese National Line) Loadng for Rangoon PKetanj Penaig BMfkok BANK LINE FORTHBANK VI7S Sp«e 22/5 TOANANRJGBRV2S Spore 24/11 (PNC ports: PORT MOKSBY/KETA/RMML/UK/LM) (HI Act lor PNG Stc:
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  • Page 22 Advertisements
    • 1277 22 K LINE KAWASAKI KISEN KAISHA, LTD: ECUWM/KMI/CHILE feem va. Mono ■acnaw tbk *a van nac m srm torn, omtmul cmiao mhca iququ atacasta ummm valmmbo 27h| 9% »h| 31% 5 Oct 14 Oct 15 Oct 11 Oct II Oct TAIW AN-J AP AN-CHINA-M ANIL A mama rrac nas UM VI
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    • 762 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Conlaliwrt feeder P Mar* I lmt< Vessel S pore I UHb Fre* Sy&r Also Accepts CAIABAR V? 7 6 Sep* esteciipper V 7 21 Sept CAIABA* m 13 Oct CHANOOAS V2l 4 Sep* 21 Sept 30 Sept 78 Scp( Adel/Bris KABMDAS V3O 17 Sep!
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    • 712 22 GOLDEN LINE WS 05\ GUAN GUAM SWPMG (PTE) LID IIITV/v 1 21, t«M kym ikfi V aurai lIM iu uum at UKS> STRAITS/PERSIAN GULF SERVICE: s>,e gnani MIDI C«Mto/K»*cta/Mu/B*ra» 22/23 Img CHMA OCEAN StfffMG CO., PEKMG THE PEOPLE S REPUBLIC Of CHMA 2/5 5/5 fi.W iMI-i W 11\ j WiiTT*
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    • 459 22 INTRASEA (PTE) LTD 'O Anson Road »27 16 Internationa 1 Pa/a Singapore 0207 Tel *****11 HOLme'sl •O L 'f r+ t' v* t BREAKBULK SERVICE TO EUROPE/UK KOREAN PEACE Spar* f. 27/9 ROT/ANT/SETE/UK (AVON) (fit) in -1 avntco a i *****1 71*711 (ISISI/2 P PHILITRON SHIPPING AGENCIES PTE LTD TEL
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  • Page 23 Advertisements
    • 696 23 Spar. NEPTIM AGFNOES PTE IT®. FT EU/MBT IPB/» Trf fe *fet MOS BOOHNB 278*77 *****53 *****42 27W»77 *****22 *****53 08 BMCT IMS 27*1 U 27*1 li NEPTUNE ORIENT LINES LTD Fa nW MfM a*m. ptux at 2717*4 rKMnt HOLM SON. BND. 3689* 7/*****45/36*553/*****26 Riwpw NEK if SON. M) *****71,*****34/*****35 Ptiunc
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    • 341 23 Kala* Ik Spart rw S/9 <•«*•) 7/9 U/1 17/9 29/9 24/9 21/9 »/9 4/10 10/10 14/1* l lota/ttt No I tain UM lb 7 Danan/M7N Hi 1 Danan/M7N Ma i Datum iOW TBN/M7 Na I Danan iOCM mi 21/9 vi» 11/19 14/11 n 10 SPlHtl •!JNIS NtPUIW AGINCIIS Pit HD
      341 words
    • 640 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Seaport 0104 Id; *****33 (15 Lints) TenM Office: *****41/2 Cable Address SMSOV SKGATOK Tetei Numbers RS ***** RS ***** RS ***** P. KELANG M/S SHARKAT NAH SOON SDN BHD. IST AND 2ND FLOOR. NO 1. IALAN CEMPEMNG. PORT
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  • Page 24 Advertisements
    • 407 24 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) SMGAFORE 27/1 21-29/1 30-31/1 31-31/1 3/9 4-5/9 8-7/9 7-7/9 lEIH TFT 1U33E22H 1E238 119 |i -Finj ir-Tifi sncanni Icsnimn BrnnML^i, J Tynn i .'iJti.ii: in i u etm ii i w "iitawi RTTmTI THAILAND n[TWM Pirra r~Bf > PTTMIESM nsmrn Vv-J
      407 words
  • Page 24 Miscellaneous
    • 158 24 n Regional Weather v 3 s* ~r A 1 E 0 >* 5& C' 4 lS EM* 1-%s VJK. C yA Cj Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. legend: R Thunderstorm Temperature °C Shower Weather Wind direction with
      158 words

  • Page 25 Advertisements
    • 139 25 .Mi© MSC AGENCES K. LUMPUR *****58/*****56/*****45/*****93 P. KELANG *****11/4 TERHHAL *****81/2 PENANG *****2/*****3/*****4/*****3 P. GUDANG *****3/*****5/*****1/*****0 J. BAHARU *****8/*****5/*****5 LEOSHP SPORE *****22 FAR EAST/EUROPE CONTAINER SERVICE TO EUROK rttua n".r -Mnrry II",/ 1 Twry lIAMfTTTTM FROM EUROFf VS. rrifyl nanml PICTB irrMLiMiiUiAJillllLiiLUJtlUEMll'i ALSO ACCEPTMG FOR: AHTWEW. L. HARVE. UK. BROCN.
      139 words
    • 187 25 TFS INTFPN ATIONAI TRANSOCEAN (Ml SON. BHD. b? Weld Quay '2nd ttr I ***** Penang TW *****5 61.985 Tli MA***** TFSPG fat No 04 6P7735 COLUMBUS LINE REEDEREI GMBH nyv (A SERVICE OF HAMBURG-SUD) w EXPRESS SEMI CONTAINER SERVICE TO General Agents SEA LION SHIPPING <S) PTE LTD Singapore SALES
      187 words
    • 135 25 Bookings: MAC NELS AGENC ES pTE LTD MAC-NELS (MALAYSIA) SDN BHD. MAC-NELS (PENANG) SDN BHD S pore: Tel: *****44 (20 Lines) Pt. Kelang Tel: (03)*****78/*****07 Penang Tel: (04) *****8/9 Pt. Kelang Tel: (03)*****78/*****07 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) ?«aaa/29i N Hwtonan 30 B Nma/316 K«ri(an/32t MtanAa 336 N
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  • Page 26 Advertisements
    • 198 26 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 143, Cecd Street 10 04 GB Bwtomg S pore 0106 Tel *****55 Port Ketanf li{3 Pma Shipping Sdn Bhd Tel 03 *****74 5 Penjng Trade Transport Ltd Tel 04 *****3 Pas* Gudjnf Mjlj»sun St*pp#if Agencies Sdn Bhd Tel 07 *****0
      198 words
    • 341 26 For further information or enquiries: Keppel Wharves *****76 Jurong Port *****66 Sembawang *****11 Pasir Panjang/Marina Wharves *****77 eg n;°» Mitsui O.S.K.Lines Ltd (CONVENTIONAL/SEMI-CONTAINER 1 AFRICAS 1 0 sw>jaui Vir rvi' !J'ff) FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY, FRIDAY ADVERTISEMENT. EAST AFRICA ASTRA PEAK In Port ATLAS MARU 5 Sept MORNING
      341 words