The Business Times, 1 September 1986
1986-09-01
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The Business Times
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Title Section12 1986-09-01 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, SEPTEMBER I, 1986 75 CENTS12 words
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298 1986-09-01 1 UPI AFTER months of furious financial manoeuvring among American and French aircraft manufacturers, Indonesia yesterday announced it would follow the lead of Thailand and Singapore and buy 12 advanced US F-16 jet fighters. An American embassy spokesman in Jakarta said the priceUPI - 298 words
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Article83 1986-09-01 1 FIRST Deputy Prime Minister Goh Chok Tong arrived in London last night on the first leg of a three-week investment mission to Europe. Today he will meet Mr George Younger, the British Secretary of State for Defence. They are expected to discuss defence and related matters. The83 words
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362 1986-09-01 1 LUCY NG - Fears that salaries will be raised dispelled By LUCY NG FEARS that electronics companies would raise wages to attract workers have proven unfounded. With increased demand and difficulties in recruiting additional manpower, it had seemed quite natural that electronics firms would try to attract362 words
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410 1986-09-01 1 SINGAPORE'S budding countertrade industry has grown another shoot with a decision by leading international commodity trading company Marpro to set up here rather than in Hongkong. The London-based Marpro follows in the steps of the Cargill Group which announced it would be trading in410 words
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206 1986-09-01 1 UPI JAPANESE Defence Agency chief Yuko Kurihara has warned the US not to expect too much from Japan's efforts to increase its defence in the wake of a historic election victory by Prime Minister Yasuhiro Nakasone's Liberal-Democratic Party. Mr Kurihara, 66, who was renamedUPI - 206 words
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326 1986-09-01 1 UPI CHINA has developed a space craft simulator cabin for training astronauts and plans to launch its first manned space flight in the "not too distant future". The official People's Daily newspaper said yesterday: "According to the People's Liberation Army newspaper, ChinaUPI - 326 words
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182 1986-09-01 1 Reuter BANKERS in Malaysia are concerned that while loans rose MCS billion in the first half of 1986, deposits were up by only uffK mIM» The central Bank Negara said last week that the shift of funds out of the banking system, bothReuter - 182 words
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116 1986-09-01 1 Reuter JAPAN has made a substantial downward revision of its economic growth forecast for the 1986/87 fiscal year. Kyodo News Service said yesterday that the Economic Planning Agency (EPA) had dropped the 1986-1987 forecast to 2.8 per cent from the 4 per cent projectedReuter - 116 words
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292 1986-09-01 1 LOH HUI YIN - By LOH HUI YIN AN AGREEMENT by Asean to study how non-tariff barriers could be reduced would have implications for its members' tourism industry, including Singapore. Exit taxes, which constitute a form of non-tariff barriers, have hindered the growth of in-tra-Asean tourism292 words
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235 1986-09-01 1 JOINT PROMOTION of Singapore and the Philippines aa tourist destinations la on the cards, says the Philippine Trade and lathi i j! Minister, Joae Concepcion. Such a form d cooperation with another Asean neighbour in the lour km sector is not new to235 words
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Page 1 Advertisements
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Advertisement158 1986-09-01 1 Need a housing loan? m \i I IOOVi 737-7977 Uj Mormaae And Finance (S) Ltd Jr A wholly-owned subsidiary of Hongkongßank 6 Claymore Hi! MMOI Claymore Plaza. Singapore 0922 A HELPING FOR HOME BUYERS Once you've found your mSjl dream home, the next thing Vsg you have to look for158 words
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Advertisement355 1986-09-01 1 Hons Hoefer has finally been persuaded to oxhibit more thon 60 photoworks ond 80 specially treated Poloroids. Tho works offer, soys MONICA GWEE, a visual treat for those whose idea of o Polaroid sftot is the blinding glare of a flash when they least wont their picture to be token.355 words
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Advertisement135 1986-09-01 1 A-ONE BOUTIQUE PTE LTD LIANG COURT OOftPLEI 177 WVCtt VALLCV *o*o IM? to 1» S»«GAPO«E MIT TELEX MS3MOB ACCOL TIL TT Trans-Pacific JAL's terrific Regular connecting flights from Singapore via Tokyo with a flight schedule that's second to none. Over 60 flights a week to 7 major U.S. cities and135 words
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MANAGEMENT
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1555 1986-09-01 2 DAVID SENTON - A question for business is there life after cost cuts? Many ways to gear up a company during a recession When markets decline or become static, management blames the recession and begins cost-cutting measures to maintain margins. But if this has no effect on sales, what can you cut next1,555 words
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562 1986-09-01 2 AMAR BHIDE - By AMAR BHIDE NYT CAPTAINS of industry in the US are upset that they don't make MBAs the way they used to. Today's models crave the fast buck on Wall Street and shun work in real companies making real products. AmericanNYT - 562 words
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Article, Illustration966 1986-09-01 2 ELAINE KOH - By ELAINE KOH CHIEF EXECUTIVE officers in many organisations may have a gut feeling that there is fat in the system but do they know how much profit is actually being drained away by the Ineffectively employed white-collar worker? And as the growth of the services industries966 words
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Page 2 Advertisements
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Advertisement120 1986-09-01 2 0 CO 1 mique rnern r a s* w ■p a *> *-v f> ?J j-M; *|3& r *wt ty*. -sx^B s frns&mm At York Hotel's brand new White Rose Cafe, >X enjoy more than just your local favourites. From the specially created Asian Favourites section of the menu, savour120 words
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Advertisement48 1986-09-01 2 NATIONAL UNIVERSITY OF SINGAPORE PROFESSOR MICHAEL A K HALLIDAY Lee Kuan Yew Distinguished Visitor Delivers PUBLIC LECTURES ON LANGUAGE AND LEARNING: LINGUISTIC ASPECTS OF EDUCATION AND SCIENTIFIC KNOWLEDGE Venue: Lecture Theatre 13, Kent Ridge Time: 5.30 pm For enquiries, please call: *****03, *****22, *****16 All welcome Free admmion48 words
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ADVERTISING & MARKETING
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Article1031 1986-09-01 3 MONICA GWEE - Three international agencies went hunting for top creative talent recently. Two found their men in Singaporeans wooed from rivals and a third is still searching outside Singapore. MONICA GWEE discusses the process of luring top talent with those who do the hiring. MONICA GWEE THE1,031 words
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Article, Illustration796 1986-09-01 3 A DOUBLE FIRST finalised last week has set a precedent in Singapore's advertising industry. Loot Boon Beng and Donald Ee, both Singaporeans, have been appointed to fm top creative posts at two international agencies here. Mr Looi, 29, the creative group head at the Ball Partnership796 words
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Article182 1986-09-01 3 THE 1986 Creative Circle Awards have been postponed to March following a meeting of the executive committee of the Association of Accredited Advertising Agents Singapore (4As). The committee of about 10 met last Thursday and finalised the change. Eddie Chan, 4As president, has confirmed the new182 words
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Article800 1986-09-01 3 NYT PEOPLE LIKE Mark and Joyce Iseminger of Sioux Falls have a disturbing message (or consumer products companies: some of those hundreds of mUkmm at dollars spent on advertising each year may be buying less than the companies think. The Isemingers and thousands of other*NYT - 800 words
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Page 3 Advertisements
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Advertisement136 1986-09-01 3 GNTA text Master Worldwide telex communication from your own workstation There are more than 1,500,000 telex subscribers worldwide today and is still increasing! YOU KNOW THE PROBLEM The teleprinter is centrally located and an inefficient workstation, ft often becomes a bottleneck in the Company's telex traffic. DO YOU KNOW THE136 words
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Advertisement46 1986-09-01 3 An electronic typewriter. iA/rm a screen At $2.9501 Introducing Olivetti Videotvpin S3 MM* < wvoutd Mv to know more about Ov*tt Videotypng Sy*ms [Zfoiivetti Videotyping. The perfect typing system. Normal sHkng pnce J3.900. less $950 for trade-in of standard desktop typewriter Pnce exdudes mounting arm for monitor46 words
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ASIA-PACIFIC
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360 1986-09-01 4 AFP SOME MOVES by companies in recent industrial disputes were virtually treason, Australian Trade Minister John Dawkins has said. The behaviour of some companies "verges on treasonable behaviour, in terms of lowering the international estimation of what we can do in this country,"AFP - 360 words
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Article, Illustration227 1986-09-01 4 Reuter DISSIDENTS from the Pakistan People's Party (PPP) of executed former Prime Minister Zulfikar AH Bhutto have launched a new political party led by Ghulam Mustafa Jatoi, a former nhw minister of the southern province of Sind. Mr Jatoi was elected chairman of the National People'sReuter - 227 words
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199 1986-09-01 4 UPI THE FOUNDERS of the communist party and its army, treed from prison by President Corazon Aquino six months ago, have launched a new party in the left's first major legal challenge for power in the Philippines. Partido Ng Bayan, or People's Party, opened aUPI - 199 words
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111 1986-09-01 4 AFP CONSTRUCTION work has begun in China on a cablecar line to take tourists to the top of a steep picturesque section of the Great Wall near Beijing, the New China News Agency has reported. The cablecar, a Joint venture between aAFP - 111 words
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544 1986-09-01 4 AP THE WORLD sees the Japanese as workaholics, but that reality is changing as young people increasingly adopt leisure habits that most Americans take for granted and Europeans long ago turned into an art. Slowly but steadily, Japanese workers have begun toAP - 544 words
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200 1986-09-01 4 Reuter TAIWAN'S gross national product, buoyed by increasing exports and imports, is expected to grow by a real 8.85 per cent in the second half of this year, the Statistics Department has said. The department had earlier predicted that the GNPReuter - 200 words
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Article, Illustration276 1986-09-01 4 UPI CHINA should not overestimate the success of its urban economic reforms, which are being hampered by local officials opposed to the changes, Communist Party chief Hu Yaobang has warned in a speech. Mr Hn's unusually candid remarks came as China's leadersUPI - 276 words
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468 1986-09-01 4 Reuter JAPAN Is likely to come under increased pmurt to boost its economy on news it had both a record trade surplus and record unemployment last month, economists have said. They said the jump in unemployment to 2J per cent from 2.7 perReuter - 468 words
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Article791 1986-09-01 4 Op—uto» i j ARRIVALS S«rvic* Local From OA 9A UA OA SIA OA MAS 9A OA MAS MAS SIA SIA CPA RBA OA SIA SIA THAI SIA SIA MAS OA MAS OA 1 < i < i i < i i i i i i i SA7103791 words
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Page 4 Advertisements
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Advertisement179 1986-09-01 4 Introducing the NEW the complete Telex Management System t Converts the simplest personal computers Into low-cost, high-efficiency tekx terminals with no special host software needed Tiie new TELEXBOX 3, designed for use with your office computers, word processors or electronic typewriters sends, receives, re-routes and stores telex messages (22,000 charactercapacity)179 words
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Advertisement50 1986-09-01 4 —X 4"V 7* The business person's choice, II I 3 every Tuesday. Thursday, Saturday I I \l I I and Sunday. Leaving Changi Airport I /I V jLL at 22:00 hours ana arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA 050 words
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Page 4 Miscellaneous
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Miscellaneous31 1986-09-01 4 Doonesbury commtm IeSS'THfIN'TEFO GAtWOUSTDSeaWJISiR. ALL OFTE6UOGALM IS ABUZZ AH, TB6UCJ6ALRA! The&66oose!SHe SURB HAS CHANGBP SINCBHEFRSTSBT rC UPSHOP HEF£f rr OPHEFS! rr /r—u^bf s m an ty m w BY GARRY TRUDEAU31 words
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REST OF THE WORLD
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396 1986-09-01 5 Reuter CANADA has reported higher than expected second quarter growth, sparking optimism over economic performance for the rest of the year. Economy officials said Gross Domestic Product (gdp), the main indicator of the Canadian economy, rose a healthy 0.8 per cent in theReuter - 396 words
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158 1986-09-01 5 Reuter A POLL has shown that 62 per cent of respondents would not like to see President Reagan elected to a third term although nearly two-thirds of them approve of his performance in office, Newsweek magazine has reported. "Reagan's approval ratingReuter - 158 words
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Article295 1986-09-01 5 AP THE MEXICAN government has taken a major step toward opening its borders to more foreign investment by permitting smalland medium-sized companies to set up wholly-owned manufacturing operations in the country. Commerce Secretary Hector Hernandez said the action was designed to attract more capital toAP - 295 words
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222 1986-09-01 5 Reuter THE ARGENTINE government devalued the nation's currency on Friday and announced a new series of economic austerity measures to stem a surge in inflation. Economy Minister Juan Sourrouille, in a nationwide speech, said the new measures included a three per cent devaluation of theReuter - 222 words
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Article61 1986-09-01 5 UPI THE Soviet Union has said it would launch satellites at 20 per cent below the West's prices and offered special "no money" deals in its bid to corner a share of the commercial space market. Dmitry Poletayev, department head of the Soviet State Committee forUPI - 61 words
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556 1986-09-01 5 Reuter AN ALARMING widening in the US trade deficit in July has made a mockery of official forecasts of a strong economic rebound and points to further downward pressure on domestic Interest rates and the dollar, according to economists. Rising imports and stagnatingReuter - 556 words
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386 1986-09-01 5 Reuter CALIFORNIA'S decision to dump USHO billion in South Af-rica-related stocks could spur a growing US divestment campaign and force more American companies to pull out of the white-ruled nation, monitoring groups have said. California's action, the largest to date, brought to 20Reuter - 386 words
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142 1986-09-01 5 AP AN AMERICAN Baptist minister has warned that he win call on all US corporations doing twahiPM in South Africa to pull out of the country if Pretoria does not aboUsh apartheid by the middle of next year. The Reverend LeonAP - 142 words
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Page 5 Advertisements
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Advertisement143 1986-09-01 5 Business Plus. A Class of its Own. Our business is a pleasure, sheer and utter pleasure. That's why we've added an extra Air Lanka 'taste of Paradise' to everything that is expected of Business Class. These are just a few of the touches we've added... priority chech-m, plus 30kg baggage143 words
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BANKING AND FINANCE
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500 1986-09-01 6 Reuter THE BANK OF ENGLAND is planning to introduce on an experimental basis a series of auctions of UK government bonds after a comprehensive restructuring of the bond market takes place in October. Banking sources in London say that although formal talks haveReuter - 500 words
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519 1986-09-01 6 NYT SOMETIME next year, Los Angeles county is likely to become the first American municipal government to borrow yen. It would thus join a host of big corporate borrowers that are taking advantage of low Japanese interest rates to issue bonds in yenNYT - 519 words
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234 1986-09-01 6 UPI TOTAL US DEBT is so overwhelming that the Federal Reserve Board must risk rekindling inflation if the economy is to avoid a deep recession. Salomon Brothers Inc's chief economist Henry Kaufman said last week that debt in all sectors of theUPI - 234 words
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397 1986-09-01 6 Reuter A MEETING between Nigeria and a steering committee representing its commercial bank creditors will take place in London on September 11 and 12, according to Barclays Bank PLC, co-chairman of the steering committee. The two sides met formally in New York on JuneReuter - 397 words
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140 1986-09-01 6 AFP THE HONGKONG operation of the Bank of China (BOC) has lent or advanced more than HK$lO billion (US*L2B billion) to businessmen in the colony since 1984 for their investments in China, a senior bank official has said. The 13 sister banks of the BOCAFP - 140 words
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86 1986-09-01 6 Reuter THE COMBINED assets of Taiwan's offshore banking wits (OBU) were U555.65 billion at end-July, down from US$5.9l billion in June and U555.76 billion in July 1985, the central bank has said. A bank official attributed the decline to growing sales of US dollars byReuter - 86 words
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74 1986-09-01 6 Reuter TOTAL NET PROFITS of 130 foreign hunk» in Switzerland rose about 24.1 per cent to 828.9 million Swiss francs last year. Statistics produced by Gotthard Bank show that their total balance sheet, excluding the effects of substantial off-balance sheet activities, rose to 92.4Reuter - 74 words
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406 1986-09-01 6 Number Indicative Gross Coupon Amount Interest of days of Middle Price Redemption Maturity Year aised Rat* Million) Payment Accrued (excluding Yield pa) Dotes latere* accrued interest) pa) 15 10 86 Loon 2 1966 5V« 53.34 15/4, 15/10 138 100.00 5.75406 words
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MONEY AND EXCHANGES
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234 1986-09-01 6 International Discount Co THE INTERBANK overnight rates which opened easy for die week at 3-1/4 1/8 per cent firmed to close at 5 4-3/4 per cent Term rates were relatively steady. The one and three-month term rates fluctuated within a narrow range ofInternational Discount Co - 234 words
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443 1986-09-01 6 Union Bank of Switzerland CONSIDERABLE uncertainty about the short-term dollar trend virtually paralysed trading on the currency markets at times. Interest focused primarily on West Germany's interest rate policy, since an official interest rate cut would have reinforced conjectures on an InterestUnion Bank of Switzerland - 443 words
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Article31 1986-09-01 6 UBS US dollar Waiting for new impulses 8 franc: Uptrend stopped by Germany's decision on interest rates D-mark: Advances scored in the EMS Gold: Facing pent-up industrial demand? ÜBSUBS - 31 words
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Article229 1986-09-01 6 Asian market ASIAN currency average deposit rotes for tl he week ended Aug 29 BID PRICES High Low us 7 days 6 5 15/16 1 month 5 15/16 5 3/4 2 montl to 5 7/8 5 3/4 3 montl 5 7/8 5 11/16 6 montl to 5 13/16 5 5/8229 words
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Article, Illustration489 1986-09-01 6 Mcates the averafe of the prime lerafni rates of 12 major banks operate in Sinfapore Hi of bonks ot tbe do* e of bin inn s» on Friday, Aug 29 OS igpplied by tbo Association of (onks in Smoopor* BANK PLR Algernon* Bank 7V* American Express Bank489 words
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290 1986-09-01 6 Green Collier AFTER A WEEK of brisk trading, spot gold closed US$3.3O higher at U*****.56 an ounce on Comex on Friday. The metal's failure to overcome the support at US$37l bodes well, in the near term, for this market. The bullish sentiment In platinumGreen & Collier - 290 words
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Article30 1986-09-01 6 The range of col rotes for the week ended Friday, Aug 29: Bonk fund 4—5 GeMrol hwd 5 8—5 125 $m rjuumiAU 2313 Source: Short Deposits (M) Bhd30 words
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Page 6 Advertisements
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Advertisement46 1986-09-01 6 OLYMPICS OLYMPIAN CLASS 1 A WISE CHOICE Extra-spacious 42-inch seats plus all the privileges and trimmings of first class travel. For just the price of a full economy ticket. For enquiries and reservations, call 225 8877. 4 par 4 y s The International Airline of Greece46 words
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Advertisement33 1986-09-01 6 HANDBOOK FOR BUSINESSMEN CompOed and edited by Goh Tiaawah toformtiM wfcfcfc tWy wy rwjetri la rmy4ay actMik*. TW book b'M|Mi io ce*tr Um man Imiim m foßowta| wb^tcU )Aa 19t4 «ai wm -Thii33 words
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THE ARTS
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Article, Illustration446 1986-09-01 7 MONICA GWEE - Hoefer's Polaroids the 'secret' is out By MONICA GWEE THE "SECRET" is out. For years, Hans Hoefer's ethereal Polaroids given the unique Hoefer treatment, were kept from the public eye. The gossips wagged that there were nearly 4,000 of them stuffed in a cardboard box somewhere around his desk. Hoefer,446 words
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Article, Illustration369 1986-09-01 7 JAIME LYE - When an April Fool's weekend takes a macabre turn By JAIME LYE EIGHT LITTLE college kids, assembled in a house. Om gets his throat sliced, then there were seven. Seven little college Idds, all in a tither. Two find themselves in a well, and that left five. Five little college369 words
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Article385 1986-09-01 7 MARIE DAVID - By MARIE DAVID AN INTERESTING experiment on television, started in Britain three years ago, was featured in Time Magazine recently. Channel Four had what was described by Time as "a daunting mandate" to serve tastes and interests not being satisfied by any of the other TV385 words
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Article, Illustration762 1986-09-01 7 JEFFREY TSANG - Pianist of The Year has a long string of prizes By JEFFREY TSANG CHRISTINA TAN began her career with the piano almost two decades ago when, as a tot, she appeared on Talentime and charmed the hearts of many with her Clementi sonatinas, in762 words
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Page 7 Advertisements
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Advertisement98 1986-09-01 7 Sony have announced the formation of their new Company SONY SINGAPORE PTE LTD. This further step into Singapore brings Sony closer to fully utilizing their world wide talents as E innovators and to taking full advantage of their combined research and advanced technology. Singapore is now seen as an rtant98 words
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FEATURES
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Article, Illustration1373 1986-09-01 8 FLORENCE CHONG - Four of Australia's six state premiers Labour premiers at that have called on the federal government to modify the highly unpopular fringe benefits tax. The tax has been singled out as the most damaging issue which almost cost the political life of the newly-appointed1,373 words
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777 1986-09-01 8 Letter to the Editor BOUQUETS to the young man who helped me carry three full sets of telephone directories (nine heavy books) out to Hill Street and hailed a taxi for me. Brickbats to Telecoms first, for making me take a couple of hours777 words
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Page 8 Advertisements
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Advertisement325 1986-09-01 8 Ti ISKffijl!! 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 also on the325 words
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Advertisement38 1986-09-01 8 BT wteom— tetters from rttdirii Your tetters must inctucte your signature, fuN In >» numbors, if sny. You may add a pssudonym, if you wish. Addrsss your tetters to: Tho Editor, Businsss Timos, 380, Kim Song Rood, Singapore 0023.38 words
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Page 8 Miscellaneous
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Miscellaneous926 1986-09-01 8 mmMm CRYPTIC PUZZLE ACROSS I it's wonderful being big and important (5) 6 Well balanced contest? (5) 9 Produce some film with loud outcry (4, 3) 10 Think heavenly (5) 11 Does one apologise for being in such a state? (5) 12 Declare there are a hundred pounds to try926 words
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SPORTS
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Article, Illustration846 1986-09-01 9 BRIAN MILLER - Singapore Open Amateur Golf Championship By BRIAN MILLER INDONESIA'S Sukamdi knew he had only to battle himself to win the 1966 Singapore Open Amateur golf championship at Tanah Merah yesterday. With a fourstroke cushion going into the final round, he only had to play846 words
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272 1986-09-01 9 UPI AUSTRALIA'S lan Baker-Finch «nk a last-hole 4.5 metre birdie putt on Saturday to tie West Germany's Bernhard Langer for the third round lead in the U*****,000 German Open Golf Championship on the Hubbelrath course. Baker-Finch shot 70 to Langer's 66UPI - 272 words
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183 1986-09-01 9 AP VETERAN Japanese pro Isao Aoki, battling from (our strokes behind, shot a five-under-par 67 yesterday in Fukuoka, Japan, and won the 42-million-yen (U*****,000) KBC Augusta golf tournament by a single stroke. While Aoki, 44, was shooting six birdies and one bogey,AP - 183 words
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482 1986-09-01 9 BRIAN MILLER - -*jr BRIAN MILLER WHAT EVER happened to Happiness n? The raging favourite on both sides of the Causeway never as much as let out a yelp in yesterday's running of the Penang Sprint Trophy race beating just three home in the 1,400 m classic. Rated by482 words
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Article, Illustration1037 1986-09-01 9 UPI TIM WILKISON, a gutsy, aggressive performer, came up with the biggest victory of his career on Saturday when he upset Yannick Noah in five sets to enter the fourth round of the US Open along with top seeds Ivan Lendl andUPI - 1,037 words
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Article253 1986-09-01 9 UPI SOCCER 'King' Pele may play again, the Joraal do Brazil has reported. The paper said the 46-year-old former Santos and Cosmos star will play for Brazil in a World Seniors Tournament scheduled for January in Santos, Brazil. Pele has called a press conference for tomorrowUPI - 253 words
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195 1986-09-01 9 UPI FORMER heavyweight champion George Foreman, who retired from boxing in 1977, says he is back in training and plans to resume his career in November. Foreman, 37, told the Los Angeles Times during the weekend that he is running sixUPI - 195 words
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Page 9 Miscellaneous
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Miscellaneous1118 1986-09-01 9 TO QBE) mm j THE PAPER CHASE THE THIRD YEAR: The Day KingsfMd Miutd Clttt Bpm, Channel 12 When Professor Kingsfield (John Houseman, left) uncharacteristically fails to appear to teach his contracts class, he leaves his students to prepare for the upcoming examination without the benefit of a review. Meanwhile,1,118 words
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INTERNATIONAL STOCKS
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258 1986-09-01 10 FT ELECTROLUX of Sweden, the world's leading household appliances manufacturer, increased group turnover by 28 per cent in the first half of 1986 to 23.566 billion kroners from 18.452 billion a year earlier, thanks chiefly to the US$749 million acquisition of White Consolidated Industries inFT - 258 words
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Article278 1986-09-01 10 AUG 30 Yan 1820 +20 Mitsubaft 1360 +60 MMsub Bac Mtttub Estota 485 2400 WKh 130 /SaT"* 0 413 835 881 1180 915 12 +5 19 -20 LTX±I Mrtvjb Haovy 628 +22 +20 Amodo Mrtiui SNp 187 +9 AMNGIOH. Bank of Tokyo Mrtiui Smathng Mi»*ukoih 341 1280 +4 +30278 words
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308 1986-09-01 10 Reuter WALL STREET stocks closed mixed on Friday as investors headed to the sidelines ahead of the long Labour Day holiday today. The Dow Jones Industrial Index fell 1.83 to 1896.34. For the week, the Dow Index gained 10.54. The New York StockReuter - 308 words
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Article141 1986-09-01 10 AUG 29 a tmp O) a A 43* 16* Abrtitx 22* unch Int Pro* Rpa 40* unch Alcon Alum Atgoma SH 42* 13* Kerr Addton 15* -ft Bank Nova Scotia 15* Mc BkxM 38 Bank Of Montreal Bal Canada 31* 38* -ft -ft Mohon A 25 Bp Rmoutcm 31141 words
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Article210 1986-09-01 10 AUG 29 INDUSTRIALS Tongoot Trust Bk Un Sr*4 Wooftru 740 120 60 inch -5 unch 75 A Alpha Aborcom Ata 1080 260 1300 500 inch unch 50 MININGS 6400 25 AMSTT.. 4000 irwrh AngvocK 1925 35 Ply voof 2250 C G Smith CNA 2725 240 unch 5 Buffet* Chart*210 words
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Article680 1986-09-01 10 AUG 29 US$ 00c TV# 24* 4 Novstor 7* 4-* Aican AJumn Alcoa 30V. 37 unch .u Fluor Cp FMC Cp Ford Motor 14* IS* 39* 4-* •1* NO Cotp Z Na*tnort Mng 55 53* 81* 4-* •1 Afog M AJb*d Sag 17* f'fraport Mcmor 19* unch 41*680 words
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Article784 1986-09-01 10 Amsterdam AUG 29 ABN r* 587 00 -4 5 Aagon ***** +1.4 Ahold Akzo 95 40 +0 1 157 10 +0.3 AHnlo IU.30 undi AM£V Anvo Bark 75.70 +0.2 106.60 -0.6 AM Stod 127.50 -1.5 Barkat Buahrman Tetterode C&T9 I~fra.it 38.50 -1.7 115.00 -15 219.00 taich 704 00784 words
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Article51 1986-09-01 10 UPI BRITISH PETROLEUM, which has raised pomp prtoas twice recently, toned hi profits Hfce never be* fore oa Thursday. It eaned £4 milttna a day la the first *tx moths of this year to record a 41 per cent rise in first-half profits.» UPI Stockholm prionsUPI - 51 words
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Page 10 Advertisements
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Advertisement608 1986-09-01 10 Smte to wim, diae msil eitfertala »:v PV From 16 August to 30! yourself on the very bes Matsuzaka Beef. Select from our Nst of liquor available »n full bottles at very reasonable prices. OMKIMgM ssooo mber feast jpanesebeefMmy IMron VSOP araivw Mart* Cordon Mcu Hwnwr» b *nm ht Luncft:608 words
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Advertisement91 1986-09-01 10 lilt leochew at very on i r4 I sr J g Seafood Restouranl Prepared by masterchefs from Hong Kong, our set lundi 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. CROVVTI $PlUtt£ HOTEL91 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration270 1986-09-01 11 NTY, AFP AS THE NEWS of Frontier Airlines' demise sank in, its 4,700 employees looked (or culprits to blame (or their troubles and began to cope with the necessity of rebuilding their lives. Frontier employees rallied in front of empty ticket counters at StapletonNTY,; AFP - 270 words
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254 1986-09-01 11 FT ELSCINT, the Israeli medical equipment manufacturer listed on the New York Stock Exchange, has reported the larg-est-ever loss recorded in the country's corporate history. In the seven months from April to the end of October, 1985, audited results show that the troubledFT - 254 words
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764 1986-09-01 11 Reuter US CHEMICAL companies are expected to post healthy third quarter earnings, but whether they will keep a strong financial performance and good profit margins alive next year remains to be seen, according to analysts whose opinions are divided. Companies likeReuter - 764 words
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240 1986-09-01 11 NYT WICKES CO is ending its tender offer for the Owens-Corning Fiberglass Corp and has sold part of the stake in Owens-Corning which it acquired in a three-week-long takeover battle. However, Wickes apparently retains options to buy 2.2 million shares of Owens-Corning and saidNYT - 240 words
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351 1986-09-01 11 NYT PETRO-LEWIS Corp, the ailing oil and gas company, expects to lose US$4l9 million in the year ended June 30 and will file for bankruptcy if a tender offer for the company is unsuccessful. Petro-Lewis, which lost U5543.6 million in fiscal 1965, said on FridayNYT - 351 words
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Page 11 Advertisements
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Advertisement616 1986-09-01 11 k rfitece to Wim, «te tuui «dM(ak And The Beat Goes On. And On! The Whole Night Long! fc k-ctnc atmosphere' Top 40 hits! A creation ot the Teenage Revrval from Manila! Additional attraction! Catch the mesmerising act of Framewerk with Fandah Dollah' HAPPY HOURS Tuplano Sisters from Manila 5616 words
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Advertisement124 1986-09-01 11 Peking A Sichuan Restaurant HOKKIEN-PORRIDGE ■JEWS DINNER/SUPPER I* Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time: 6pm 3am .rv\ is I A ;VV- V A .15^ -M- 10% service charge A 3% government tax not included. WSSST 1 19124 words
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RAW MATERIALS
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Article445 1986-09-01 12 AP THE WEEK-LONG 19th Congress of the International Society of Sugar Cane Technologists wound up in Jakarta on Saturday with delegates predicting .sluggish growth of the global sugar Industry. Mr Gilberto Llorena Montenegro, Cuban Vice Minister for Sugar Research, told a press conference after theAP - 445 words
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333 1986-09-01 12 AP DELEGATES from leading co-coa-trading nations open two weeks of talks in London today and will consider proposals to ensure a smooth switchover to a new price-stabilisation accord, according to an International Cocoa Organisation official. The official, who spoke on condition of anonymity,AP - 333 words
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203 1986-09-01 12 AFP ECONOMIC sanctions applied to South Africa's coal exports will push up world coal prices, a South African coal executive has warned. Mr Steve Ellis, chairman of Trans-Natal Coal Corporation, said an embargo on South African coal exports wouldAFP - 203 words
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Article866 1986-09-01 12 THE MAJORITY of commodity markets again experienced a quiet week's trading in the wake of the long British bank holiday, as operators waited to see how other countries would react to the cut in prime rates in the United States. In the event, hopes of866 words
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377 1986-09-01 12 Reuter SRI LANKA, confronted with declining rubber output, has begun a long-term investment programme aimed at more than trebling rubber yield per hectare in the next five years. Under the plan, production would rise to an annual 3,000 kilos per hectare by 1990Reuter - 377 words
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Article204 1986-09-01 12 Reuter WHEAT FUTURES on Friday closed mostly higher on the Chicago Board of Trade, ranging 4-1/2 US cents a bushel higher to 1/2 cent lower. Wheat prices were boosted by the lack of deliveries against the September contract on first notice day on Friday, traders said. In addition, tradersReuter - 204 words
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Article204 1986-09-01 12 Reuter SOYBEAN FUTURES on Friday closed higher after advancing steadily through an active session on the Chicago Board of Trade, with prices ending 9-3/4 US cents to 3-1/2 cents a bushel higher. Widespread speculation that the USDA would «nnmmre a loan rate of US|4Ji a bushel, higher than theReuter - 204 words
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Article139 1986-09-01 12 Chinm Product EXCtUHKM Robusta 20/25% FOB NSW 570.00 Sellers' mm cloaiM m Amg 30 (SJ/100 kg). riras M Nutmeg HO FOB NSW 1405.00 Coconut oil BWP FOB NSW 1289.00 Bulc FOB 43.00 Gombier Otd drum FOB 56 00 FOB NSW 330.00 New drum FOB 60.00 Copra London Commodity139 words
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Article27 1986-09-01 12 Dot* Ootmn »!Kr TMMW (tl»M») Aug 25 14.02 96 Aug 26 14.00 140 Aug 27 14.04 58. Aug 28 14.05 105 Aug 29 13.99 2427 words
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Article107 1986-09-01 12 Reuter TOKYO RUBBER FUTURES in Tokyo on Friday closed 1.3 to 2.8 yen per kilo lower on small-lot selling reflecting the dollar's weakness against the yen and lower overseas market, dealers said. Trading was light as most many market participants drifted to more attractive precious metal markets. Current SeptemberReuter - 107 words
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Article667 1986-09-01 12 Reuter COFFEE ROBUSTA COFFEE futures on Friday eased below fresh 16-week highs, but still closed with gains of £44 to £30 a tonne after active trading. Near November closed at £2,270 against Thursday's close of and in a high-low of Volume was an active 11,928 lots, which includedReuter - 667 words
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Page 12 Advertisements
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Advertisement60 1986-09-01 12 V"' 1 ■~~TJ 1 X it «w »v An event of the 4th Times Inter-Business Houses Athletics Meet to raise funds for the National Kidney Foundation and Singapore Amateur Athletic Association. Jointly organised i by The Straits Times Press (1975) Ltd and Singapore Amateur Athletic Association. For more information, please60 words
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MARKET REVIEWS
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Article, Illustration5323 1986-09-01 13 CHAN OI CHEE - P Singapore By CHAN OI CHEE BUYING SENTIMENT was high at the Singapore stock market last week. So much so that share prices rebounded quickly and sharply after a brief selling spell on Tuesday following news of Tan Koon Swan's Jail sentence. Hie subsequent firm5,323 words
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338 1986-09-01 13 vlAustralia M Reuter AUSTRALIAN sharemarkets recovered strongly from a sluggish start to end the week firmer across the boards In brisk trading on the back of rising demand (or quality Industrial storks Brokers said trading was alao boosted by a series ot healthy profit announcements.Reuter - 338 words
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Article634 1986-09-01 13 JULIANA TAY - Week mdtd August 29 compiled by JULIANA TAY SCRIP ISSUES Bedford: Proposed rights issue of one-for-one at M 50.50. Tot Lee Bonk: Proposed rights issue of ooe-for-five at $2. CORPORATE DEVELOPMENTS Ton Koon Swan has been sentenced to o two-yeor imprisonment and a fine $500,000634 words
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781 1986-09-01 14 1 J ew U FT THERE WAS poetic Justice in the way that Wall Street flirted all week with virgin territory for the Dow Jones Industrial Average, but never quite got up the coorage to break through the resistance at the Dow's JulyFT - 781 words
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637 1986-09-01 14 TONY MEASOR - 1 L x I Hongkong a By TONY MEASOR THE Hongkong stock market has been leas enchanted by the realisation of many of the past week's dividend and profit announcements than it had been enamoured by their anticipation. During the week, the Hang Seng637 words
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243 1986-09-01 14 BCI IN MILAN, a moderate profittaking took the upper hand making the past week look decidedly bleak, with a 0.4 per cent slip in the BCI All-Share Index to BUJO. Investors showed extreme prudence, unmoved even by the flood of bright news ringing throughBCI - 243 words
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369 1986-09-01 14 fcnrpl London Su J AP, AFP SHARE PRICES rebounded strongly in London last week as insurance companies, pension funds and other big institutional investors from Britain and abroad poured funds back into the stock market. The Financial Times share price index of 30AP,; AFP - 369 words
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297 1986-09-01 14 csz FROM Aug 1 to Aug 22, the Zurich exchange outperformed Wall Street, and the CS Index rocketed some 43 points or 9 per cent (while the New York Dow Jones Index rose 6.2 per cent). This uptrend continued right through to lastcsz - 297 words
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526 1986-09-01 14 1 Tokyo s£ji AFP SHARE PRICES were mixed on the Tokyo stock market last week in extremely erratic trading. The 225-bhie chip Nikkei Stock Average, a 64.96-yen winner in the previous week, added another 92-37 yen to close at 18,533.68 yen last Friday.AFP - 526 words
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Page 14 Advertisements
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Advertisement470 1986-09-01 14 r> s as a i (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors are pleased to make the following announcement: I AUDITED RESULTS FOR THE YEAR ENDED 30TH JUNE 1986 TURNOVER TRADING PROFIT FROM TOBACCO OPERATION after charging (i) Interest on Borrowings (ii) Depreciation INVESTMENT INCOME Interest and other470 words
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Advertisement423 1986-09-01 14 NOTICES W THE HATTEK OF TH COUP Aim ACT, CAP. 1 AMD nmunav PTE LTD At an extraordinary General Meeting of the members of the abovenamed company duly convened and held at 41A Amoy Street, Singapore 0106 on Ist September 1906 the Special Resolution set out below was duly passed:It423 words
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COMPANY NEWS
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Article, Illustration306 1986-09-01 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI RATHER THAN pick on some higher priced share, I (eel it makes more sense to highlight the potential percentage play of a penny stock. One such counter is Uaited Engineers Ltd, which has been holding up quite well and306 words
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Article, Illustration363 1986-09-01 15 AS EXPECTED, Malaysian politician Tan Koon Swan, who was jailed in Singapore last Tuesday, has relinquished his executive positions and directorships in the Grand United Holdings (GUH) group of companies. In separate announcements during the weekend, GUH and associate companies Supreme363 words
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629 1986-09-01 15 CHAN OI CHEE - Directors not optimistic about a reversal By CHAN OI CHEE TWO PROMINENT Malaysian financial groups have reported sharply lower interim earnings which reflected continued difficult market conditions. Although certain sectors of the Malaysian economy are showing signs of recovery, directors of both companies629 words
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Article264 1986-09-01 15 HOMER CHEN - HOMER CHEN AUDITORS Hanafiah Raslan Mohamad have qualified the latest annual accounts of Duta Consolidated Bhd. The audit firm points out that no provisions have been made either in respect of certain debts or (or diminution in value of some property development projects. Included in the264 words
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Article759 1986-09-01 15 Reuter EQUITIES had attracted good demand by the close on Friday but most of the interest was centred around leading companies, dealers said. At 1445 GMT, the FTSE 100 Index was 241 up at 1,661.0 and the FT 30 Index 23.5 higher at 1,309.9 as the long three-weekReuter - 759 words
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141 1986-09-01 15 IN REPLY to a query from the Stock Exchange of Singapore, flour-milling company Prima Ltd said it had lamed a writ against City Securities and its five directors claiming damages incurred in its share transactions with the broking firm. However, as provisional liquidators141 words
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238 1986-09-01 15 AS PART of a conscious upgrading programme, rig-builder Far East Levingston has taken up the lease for the dock and wharf facilities left vacant by Mitsubishi Singapore Heavy Industries. The three-year lease, from the Jurong Town Corporation, takes effect from today and carries an option238 words
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433 1986-09-01 15 IT= 1 fc&l K.Lumpur a BULLS made a strong comeback to the Kuala Lumpur stock market last week in active trading and prices of quality stocks in particular surged ahead to close with hefty gains. Once again, dabblers eyed Singapore stocks and blue433 words
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152 1986-09-01 15 MALAYAN UNITED Manufacturing Bhd has announced that through its Australian member company MUI Australia Pty Ltd and one of its directors, Mr SB Cheah, the group has launched a one-for-four proportional bid for Peters (WA) Ltd at A 12.40 each. MUI Australia152 words
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LATEST RESULTS
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Article115 1986-09-01 15 For the financial year ended April 30,1986, group pre-tax profits shot up to M 510.3 million (SLS million) although turnover dipped to $60 million ($89.6 million). After-tax profits amounted to $4.2 million ($196,013), giving earnings of 4.9 cents per share based on a paid-up capital of 85.6115 words
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Article69 1986-09-01 15 Group pre-tax profits fell 30 per cent to M 54.2 million ($5.9 million) in spite of a 10 per cent rise in turnover to $23.1 million ($21.1 million) for the half year ended June 30, 1986. Net interim earnings per share, as a result, slid69 words
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Article71 1986-09-01 15 For the financial year ended May 31, 1986, group pre-tax profits dropped to Ms 6 million ($8.2 million). No turnover figures were provided. After-tax profits came to $4.8 million ($5.8 million). Directors have recommended a reduced first and final dividend of 1.5 per cent (3 per71 words
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Article113 1986-09-01 15 Group pre-tax profits for the year ended Dec 31, 1985, were lower at M 517.7 million ($19.6 million). Turnover figures were not given. After-tax profits came to $51 million ($6.4 million). Its net earnings per share amounted to 6.5 cents based on its current issued capital of113 words
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Page 15 Advertisements
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Advertisement74 1986-09-01 15 I This notice serves to inform the public and all of our customers that Mr. Chaw Hong (Christopher), l/C No. *****51/H of Block 17 Loronfl 7, #12-230 Toa Payoh, Singapore 1231. has ceased to be in our employment with immediate effect. Monette Pearls Pte Ltd bears no responsibility or liability74 words
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Advertisement258 1986-09-01 15 STf7 SING INVESTMENTS FINANCE LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of Sing Investments Finance Limited is pleased to make the following announcement 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1986 Latest Previous Half Year HaH Year or to 30.6.86 to 30.6.85 $000258 words
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Article185 1986-09-01 16 Reuter CHINA would enact a nationwide system of contracts (or workers this year to link performance, personal gain and profits, the New China News Agency said yesterday. fXwoap and western analysts said the move, previously hinted at, could be a major step toward boostingReuter - 185 words
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Article, Illustration179 1986-09-01 16 AP TWENTY THOUSAND Malaysians re-lived the glorious moments leading up to the declaration of independence 29 years ago with a mammoth rally at the Royal Selangor Club Padang yesterday morning to celebrate National Day. The celebrations drew as many spectators from all walks ofAP - 179 words
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143 1986-09-01 16 AFP OUTGOING THAI supreme military commander General Arthit Kamlang-ek has called on the government to grant amnesty to people accused of involvement in a September 1965 coup attempt. The Bangkok Post quoted General Arthit, who retires from active service yesterday, as saying that allAFP - 143 words
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Article279 1986-09-01 16 AFP HEADS OF STATE and government from the countries of the Non-Aligned Movement meet in Harare today (or the eighth summit meeting of the group. More than 50 of the movement's 101 members are expected to attend the week-long meeting, say* the host country and incoming movementAFP - 279 words
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332 1986-09-01 16 SINGAPORE BIOTECH, a biotechnology research and development company» launcbes^ts today but It wfll not be producing it for at least another year. This is because the company, with 96 mfflk» of venture-capi-tal funding, has first to find out whether the332 words
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655 1986-09-01 16 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent THE general insurance industry in Singapore regained its sparkle during the first quarter of this year after a poor showing during the same period last year. Latest figures from the Monetary Authority of Singapore show that the nation's general655 words
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206 1986-09-01 16 AP TAMIL MODERATES will hold talks with Tamil militants in India on ending the bloody civil war in Sri Lanka. Appapillai Amirthalingam, the leader of the Tamil United Liberation Front, announced this on Saturday night after returning from talks with the government in Sri Lanka.AP - 206 words
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LATE FILE
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Article49 1986-09-01 16 OVERSEAS Union Bank has announced a quarter-point drop in its prime lending rate, to <J5 per cent, with effect tram tomorrow. OUB Is the last of the Big Four lor»n| twaiw to do so since DBS Bank announced its interest rate cuts last Monday.49 words
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Article36 1986-09-01 16 AFP BRITAIN Is considering demanding entry visas from citizens of certain Commonwealth nations as part of a policy review on immigration procedures, a H<w Office spflfcfiman said In London yesterday. AFPAFP - 36 words
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Article32 1986-09-01 16 Reuter SOVIET KGB security police have accused detained American correspondent Nicholas DanOoff of spying and US officials said they feared he could be held for many months. ReuterReuter - 32 words
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Article42 1986-09-01 16 AFP EGYPT HAS officially asked the Multi-National Observer Faroe in the Steal desert to expel its 28-strong Finnish contingent for allegedly informing the Ivaetts of Egyptian troop movements, the daily AHWhad d'Abou Dhabi reported in Cairo yesterday. AFPAFP - 42 words
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37 1986-09-01 16 AFP LIBYA has denounced as 'illegal" Morocco'l decision to break the Treaty of Union signed by the two countries in August 1984 and threatened to take legal action against "whoever is responsible". AFPAFP - 37 words
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Article29 1986-09-01 16 Reuter HENRY MOORE, one of the greatest sculptors of the 20th century, died yesterday at his home north of London aged 88, his lawyer said.Reuter - 29 words
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Page 16 Advertisements
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Advertisement185 1986-09-01 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Time not ripe yet for more cash calls. 2. Most US companies prefer Asia-Pacific, says survey. 3. Cqrporate turnaround is fuelling the market. 4. Union proposes to185 words
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Advertisement251 1986-09-01 16 The Economist. A concise definition for non-subscribers. The Economist n. 1. Authoritative weekly news journal of about 100 pages covering world politics, current affairs, business, finance, science and the arts; famous for uncompromising objectivity. 2. Edited in London from reports filed by worldwide network of correspondents; staff journalists in New251 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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174 1986-09-01 17 Reuter A BRITISH firm has joined hatuta with the French national railway tor a cross-channel transport project which it hopes will rival the Channel Tunnel scheme. A company official said Port Ramsgate Ltd, part of the Sally Group, signed the £20 millionReuter - 174 words
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88 1986-09-01 17 NIPPON YUSEN Kaisha has entered Into a joint venture with its Australian agents to provide information on port strikes. BDN Information Services Pty Ltd formed in conjunction with Burns, Philp A Co, Ltd and Dalgety Australia Operation Ltd, distributes strike in- formation to88 words
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396 1986-09-01 17 JUNE LIM - By JUNE LIM TUG AND BARGE operator Seng Leong Seng Shipping Enterprises has been appointed sole market agent for the Shanghai office of the China Ocean Engineering Services Ltd, Coess. Under the agreement signed in May, Seng Leong Seng will represent396 words
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215 1986-09-01 17 Reuter WEST GERMANY'S coastal states called for a massive Injection of cash to help rescue the country's crisis-hit shipbuilding industry. Ministers from the state governments of Bremen, Hamburg, Schleswig-Holstein and Lower Saxony said 850 million marks (US$4l4 million) was needed toReuter - 215 words
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202 1986-09-01 17 Reuter A JAPANESE-FLAG very large crude carrier which entered the Strait of Hormuz on Aug 21 was asked by Iran to lift crudes three times at two sites in the Gulf, shipping sources said. They said the ship, which they did not name,Reuter - 202 words
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PORTSIDES
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Article56 1986-09-01 17 THE PORT OF Le Havre has been awarded consultancy contracts by Fort de France in Martinique and Cotonou in Benin to upgrade their shiprepair facilities. Experts from the French port will decide, in consultation with the local authorities on what new works are required in56 words
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Article115 1986-09-01 17 Reuter THE FORMER P A O passenger liner Uganda, used as a hospital ship by Britain during the Falkland war, is lying on its side in southern Taiwan after being battered by a typhoon. A spokesman (or the ship's owner said the vessel, now known as theReuter - 115 words
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Article1280 1986-09-01 18 THE RECENT firmness for Panama* vessels has been extended with grain business on Thursday being arranged from the US Gulf to Japan at US$lO.5O compared with $10 previously, shipbrokers said. A second vessel is also believed to have been negotiated for similar business at $10.50, they said, but1,280 words
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786 1986-09-01 18 FT EUROPEAN FOOD traders and shippers are campaigning to remove long-standing protectionist measures by the Spanish government which they say are seriously hampering international trade. Both Coceral, the Brusselsbased cereals trade lobby, and the London-based Grain and Feed Trade Association (Gafta) have appealedFT - 786 words
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158 1986-09-01 18 Reuter TWO ITALIAN companies are to be supplied by Iraq with crude oil as payment for debts of US$lBO million arisingfrom work carried out in the early 1990b, a spokesman (or Montedison SPA, which helped arrange the deal, said.Reuter - 158 words
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Article917 1986-09-01 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL I 1/2 APC Line V 4 APL 2/3 ASCL 1 1 Bait-Canada Line VI917 words
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362 1986-09-01 18 AP THE SOVIET government has jailed for four vears the navigator of a Lenin-grad-based cruise liner that sank off New Zealand in February. Chief navigator Sergey Stepanischchev was sentenced several months ago, even though a report released by the Soviets placed principalAP - 362 words
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Article177 1986-09-01 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 /Straits177 words
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201 1986-09-01 19 Reuter A SENIOR Iranian official rejected complaints by Gulf Arab states of Iranian attacks on shipping, and said they deserved to be denied navigation rights in the Gulf for backing Iraq in its six-year-old war with Iran. Parliament speaker All AkbarReuter - 201 words
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469 1986-09-01 19 Lloyd's List UNITED STATES Lines is dropping two of the ports of call on its round-the-world service in the most eloquent testament to date of the operating implications of its financial difficulties. The company, whose parent group, McLean Industries,Lloyd's List - 469 words
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Article703 1986-09-01 19 DEMAND FOR tankers remains unabated. Brokers reported that last week two 1977 Japanese-built Aframax sized tankers, the 89,959-dwt Jadocorn and the 89,986-dwt Tricorn were sold to United States-based interests for about US$l5.2 million en bloc, subject to inspection. Another three tankers, much smaller in capacity, were reported to703 words
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129 1986-09-01 19 AP A SURVEY SHIP owned by the state oil corporation Pertamina was gutted by fire last week while it was moored at a pier on the island of Dobo in the south-east Moluccas. The official Antara news agency said no casualizes were reported. TheAP - 129 words
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Article, Illustration64 1986-09-01 19 THE AREA OF Selat Sengkir which comes within the protected area is indicated on the chart. Those who transit this area without the approval of the head of naval operations, Republic of Singapore Navy will be prosecuted. Offenders will on conviction,64 words
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6508 1986-09-01 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,508 words
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Article608 1986-09-01 25 AT CONVENTIONAL WHARVES P Kalimantan Samudra Joya J3 Jl 01.9/0800 01.9/0730 02.9/2300 01 9/2000 VmmI Berth Arrival Departure Smor Mega Turkmenistan Jl J2 01.9/0900 01 9/1530 01 9/2300 03 9/2300 KEPPEL WHARVES Wlord Ajox J5 01 9/0630 04 9/0600 Nordhousen K28 alongside 01 9/1800 UARIIIA WHARVES Toona608 words
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Page 17 Advertisements
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Advertisement739 1986-09-01 17 Concise Comprehensive Contemporary MHOWMMIr HFEDBUU. PUBUCATWNS OOCL ORIENT Oveiqeas Cmtaim* Line MM MIR MDKO flag. to 2R2884/ 00K) AgM'S 700 CantooMot Road #17-05 So«a«o«t Sapport 0201 Td *****11 TELEX NO RS ***** JHL TERRRMAL/CFS 3200 211 TO 220 rmj BOONNGS 3200 234 TO 235 nfi KSMU MM 9VRRB MENOD MS.739 words
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Advertisement70 1986-09-01 17 IKMDB EUROPEAN FOOD traders and shippers are campaigning to remove long-standing protectionist measures by the Spanish government. Pag« II UNITED STATES Lines is dropping two of the ports of coll on its global service in the most eloquent testament to dote of the operating implications of its financial difficulties. P«g«70 words
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Advertisement592 1986-09-01 17 IN SINGAPORE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING MALAYSIA. 755-8955 -40 MAERSK LINE FASTEST TRANM UNGAPORE/ANTWERP SINGAPORE/ROTTERDAM EUR 17 DAYS 18 DAYS wiitof iiv I mmrm m vi SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS Peneng Vmml Vot S" pore USA. EUROPE. MIDDLE EAST OS 11/1 Z3M MB M/ 1 Hrt 11-11/592 words
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Page 18 Advertisements
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Advertisement205 1986-09-01 18 ■> i. V Q T TXTI7 yamashita-shinnihon LINE J, mkDm mJM I JJj trans-pacific services STRAITS FEEDER I Pacific South Wast I Pacific North Woat I Atlantic/Canada I Faadar at Kao I Faodar at Kao I Faodar at Nagoya IP?ini' ,p TTUI IFTTTM.I ■PMUI \mt -,mnll TiPnTTnmn —«ttthr^mm, I' 1205 words
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Advertisement355 1986-09-01 18 II Supercarrier Service ILi' BI 111i555g5555 WKJUM CONTAINER SERVICE a mm MIM TWO tall s*n s*a s*a Oct I Ocl I s* U IS# IS imzi Oct N V H AGENTS BARBER WILHELMSEN A6ENCIES PTE. LTD. WHTOtt *****77 OUTKMO FIT ENQWB/KB *****50 CUSTOO SOWICE *****20 Harrisons ft CrosWd (Malaysia) S*355 words
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Page 19 Advertisements
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Advertisement908 1986-09-01 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited rrnNTMOSHP SERVICE TO UK/COHTWENT: j STRAITS SHIPPING Singapore to Sebefi, Sarawak, Brunei Ports and Bangkok nuaaoßan^nra KIT MO MM MRU MY rpn fJOm m/ 9 m/ 9 11/9 12/9 2i/i a/i 2C/9 21/9 M/ll M/ll U/U 13/11 19/10 21/11908 words
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Advertisement531 1986-09-01 19 /*s?t SudAmerlcana kcSv deVaporea CRfAT^\ TTTT ANDEST/ B*' SERVICE* TO WEST COAST SOUTH AMERICA rra» wssq rrai wno wssn en Kt OQ mtv mlt ftKSSEI M/ 9 l«/» M/M 1/11 1/11 >/ll 11/11 ft KSSI IS/J 1W 23/1 t/U IVU IVU 17/11 19/11 ona ran or c«u: eskuums. ma mom.531 words
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Advertisement107 1986-09-01 19 VESSEL REQUIRED For time charter 8000-***** dwt commencing early/mid September. Pis offer thru Tlx No R*****2 AB SSFA Franco Belgian Services iMFMBFR OF ACE CONSORTIUM f, li. ii. r n I i I ,t I v ft Z. es CHARGEURS HAVRAISE MTDFX LINE /*CHV II itH s*t aw »s*t (MEB107 words
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Page 20 Advertisements
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Advertisement330 1986-09-01 20 m U Hapag-Lloyd TO EUROPE MED rp«* u*w»w I QUMGMO 11/1* I SHMGHM 17/11 13/n u/n- 19/11 14/1217/12- 29/12 FROM N CONTINENT 8, UK IMPORTS Agents SEGANI— Sine apart *****66 K. Lumpur *****25/C/t. 733*349 M* 4471J71 P. KM»c *****S FraifM *****00 CFS *****S CFS *****72 hum < *****7, *****2 Tanni330 words
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Advertisement623 1986-09-01 20 IptFULLY CONTAIN ERISED SERVICE TO EUROPE VIA SUEZ 1 Mfr,t,pr ol ,h Comw,H KOKJW MCUR Js* wiuc aw* xa KCKM CHUCt m HONGKOK CONTMO SM FROM EUROPF VIA SUEZ 4 ot ,hr ce ConsortHjm m 1/10 4/10 flJllV CONTAIN! RISED 10 (ROM NORTH AMTRICA rtlSI COAST fM/nono wssn SSB SCC/R.623 words
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Advertisement184 1986-09-01 20 /XL Hai Sun /lup Co (Pte) ltd TEL *****06 (20 Lmes) TLX RS ***** A RS ***** k I \SI I |<\ c \K I IM K. I lIV STRAITS/JAPAN/STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I IM INTERMARITIME LTD K. IM* (S* «CMI) M 22ISM takJrtj (Safc Aprt)184 words
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Advertisement990 1986-09-01 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 rem ra. ssp mow vs. uu jc m w m no GOODS 4/9 OM CT M/ 9 Vl9 no goods 4/9 no vm c/m 7/m no cum) 11/9 no atour 7/m m/m ElO OtMB990 words
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Page 21 Advertisements
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Advertisement819 1986-09-01 21 \v VESSEL HOT A SINOA MAJAPAHIT SOW A VESSEL SCA VICTORY HOT A SINGA SEA HAWK SCA VICTORY SKA HAWK AMIT PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE SIN JKT SSY SIN HKQ KAO *TCM KEE BUS *MUR 2/9 5/9819 words
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Advertisement832 1986-09-01 21 BEN LINE CONTAINERS EXPRESS corn WO SERVICE TO UK/CONTKNT EXPRESS COHTAJPO SERVICE FROM UK/COWTWEMT MM OWKMUMM iK STON PJ(UHG STOK FOt lakio Eiprns bM bM MiMiM 9/9 W, IK. TV. KB Cardial Bar SjM bM Sa9M SjAaO bM 11/9 11/9 MS. TMI Mjm Mare SaM bU bM bM bM 13/9832 words
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Advertisement303 1986-09-01 21 +1 eem l». Ifiillll TTrrKTrmmm DJAKARTA LLOYD INDONESIAN NATIONAL LINF KTMUM- fIMB wmw VIM ALSO ACCEPTWG BOTH CONTAMERS, CONVENTIONAL CARGO VIA T/S TO UK PORTS, HULL. LE HAVRE, OSLO, COPENHAGEN, AARHUS, GOTHENBURG AND KLSMKL feknhonf S3*)Vr? EKA JAYA AGENCIES Ifn^3l SISAL PTE LTD H RORO CONTAINER SCPVICE TO FROM AUSTRALIA303 words
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Advertisement424 1986-09-01 21 BOUSTEAD SHIPPING AGENCIES PAGAN ¥102*1 MEXOI V74N PA-AN V/100W HTONENIA V/21CN V* BURMA FIVE STAR (Burmese National Line) Loadmf for Rangoon Sport P.Kctant 30 A*/2 St# 10/12 Sapt 10/12 Stpt 20/30 Sapt BANK LINE NORTHBOUND TO UKC STONE ROAM HULL MK MORAVBANK WIN 3/9 30/9 5/10 2/10 CLYDEBANK VIM 2/10424 words
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Page 22 Advertisements
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Advertisement935 1986-09-01 22 K USA CANAD KAWASAKI KISEN KAISHA, LTD. Th« World S*rvic«) 1 1 HOKE VXE/WMAZMO BRDGE »«2 N. GARKT 0. ORBITAL FREEDOM VlO fi. N. HSGE V 2 5T PACIFIC SOUTH WEST PACIFIC NORTH WEST 9 n pn sr Mono w. t/s port la/lb oak mother vsl t/s kit sea vcr935 words
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Advertisement731 1986-09-01 22 AUSTRALIA EXPRESS CONTAINER SERVICE Acc*pttng FCL/FCL CwWww Iwdei P Aeunf Law Vessel Sport MHb frm Sy*i Aho Acwptt CNAAOOAS ¥21 7 Sept Sept 3 Oct I Oct Add/Bra CALABAR V 77 6 Sept AABtROAS *30 W Sept 7 Oct 11 Oct B Oct AM/Bm tSUCLIPPM V 7 21 Sept RAMOAS731 words
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Advertisement683 1986-09-01 22 GOLDEN LINE GUAM GUM SHPFWS (PTE) LTD Id* kym Skod smarm oim m uum <u uoi STRAITS/PERSIAN GULF SERVICE: s>» COIDW Cotomto /Raw*/ Doha W»w W >*• CMNA OCEAN SWUNG CO.. PEKMG THE PEOPLE'S REPUBLIC OF CMNA ..ll.' LIUS 1 H ML KM ua •nn v-mt Mpwi Inck Stan* Omm*683 words
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Advertisement475 1986-09-01 22 INTRASEA (PTE) LTD. |l 10 Anson Road »27 16 Internationa 1 Singapore 0207 Tel *****1 1 11 O Linesl <► BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TFL *****22 (8 LINES) TELEX RS ***** PHILI WBU.T ia t fa NBU-EAST rati I 11/J I ia/i, an. Tin FW-asT475 words
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Page 23 Advertisements
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Advertisement745 1986-09-01 23 Spot NEPTUNE AGOWES PTE. LTD Id N. vfc. \mwmM CfS HXXMQ *****77 *****53 *****42 278W77 *****22 *****53 OR «*CT LRCS *****19 *****16 NEPTUNE ORIENT LINES LTD Far wmmi tr**M i NEPIM SON. BM> *****87/*****45/J*****3/*****26 IOIM SON. BM> *****71/242A134/*****JS KMC SON. M> 6155M/*****5/*****0/*****1/*****2 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mwntMr of745 words
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Advertisement435 1986-09-01 23 HEUNC-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON («Mk Nam I Lfta Mft (kU) No I Dana* MtN lb 7 om>/M7N Na owm/M7N Na Dm/iM sot (MA) Hi. I Danam tOTN No 7 Danam/MW 5/9 (aM 7 n 11/9 21/9 It/9 30/9 (aM-»a) 11/10435 words
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Advertisement584 1986-09-01 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULNNG 55, Market Street Sinfapore 0104 Tel: *****33 (15 Lms) T Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWM T RAH SOON SON. M>. IST AND 2ND FLOOR. NO 1 JAIAN CEMPEIRNG. PORT KLANG.584 words
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Page 24 Advertisements
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Advertisement397 1986-09-01 24 f REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL m nrr SMGAPORE 3/9 TWFri 4-5/9 Sit/Sun B*7/9 7-7/9 I USUI TWFri 111-12/9 EnBEO CE3E2E3 IHT— in mi iH'HIWTCI h:_l i>3 ir* m irTi.-ri i 3 »/ii CTTTTT—I' Btffl-fnaw lr.fr r.»reT7H I I 11 ir*i m \mn I "fiiHkMll397 words
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Page 24 Miscellaneous
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Miscellaneous151 1986-09-01 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Wind direction with speed m knots Wove height R Thunderstorm Temperature c 2. Weather Wind direction with speed m knots Ram Cloud, Sky wch^h. Surfoce winds are indicated by arrows which fly with the wind One full circle represents151 words
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Page 25 Advertisements
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Advertisement291 1986-09-01 25 I Lauritzen Bulkers Your reliable partner Regular Conventional Timber To: Indian ports Plywood Service Sabah/Sak Ports Singapore Loadhg far Clppcr Flame 10/09 20/09 Caiaitta/ttafras LB. I 05/10 12/10 Calcutta/Madras General Agents: Singapore Wood Lino Tok *****11 Sabah Capricorn Tat: *****4/*****2 RT. PERINTIS LINES SIMWOaE/IMdNESIA m, m cm. mc. VESSa VOY291 words
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Advertisement433 1986-09-01 25 SWUNG ROTATION MMXAS/TUTKOHN CALCUTTA MADRAS/BOMBAY ETA 31/8 5/1 20/9 15/9 VESSEL TRANS ONE A VESSEL 6ANGOTRI CHOLAN GENERAL MTERNAVE AGENCES PTE LTD AGENTS: #22-09 MTERNATRNML PLAZA SPORE 0207 TEL: *****00 TLX: ***** REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. ETA ETC DESTMATION "KHUN KAEK" 4/9 i/9 CALCUTTA PAIS! 10/9 13/9 MADRAS433 words
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Advertisement441 1986-09-01 25 CORMORANT BULK CARRIERS > VANCOUVER B.C. CANADA ■W UU MB CMNM MSI COttl COMEHmML SUM loum m in mu im nuucaco aim ■u pm pmu rworr wsn 25-21/1 29-1/19 m/ib 9.11/10 onn iomme rain sueci •oucaun IBM COMDITKMM. SERVICE LOMMG fOR Minus MUM BOMUT UP MB SUM CKBON ItMl PTK441 words
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Advertisement211 1986-09-01 25 LUCKY SEAWAY SERVICES S |)urr T«* I iJHHIS') Tin 2t>061 KK Tel 088 221 786 59 739 Ti- MA ***** Seaway S.E. Asia to R«d Soa/Modltorranoan. VESSEL BIT lOONESU SCP PKELANG LOADMG FON •TBN 1970 20/9 25/9 30/9 Mm. HiiiiiA. Miiwit. Mttf Nrta N Malayw: M 03-*****44/*****70. Th: MA *****211 words
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Advertisement204 1986-09-01 25 m; I GLORY NAVIGATION 70nrTFH7 TAIWAN TO SMGAPORE I ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG VQK PJCQJMC KNMB M 6. SELATAN V SM 11/8 t SELATAN M M 17/| 19/8 t SELATAN HM3 i/t 6. SELATM VV M 11/9 11/1 IJ/» *v r N. MALAYSIA X) FROM SOUTH-EAST-ASM TO T204 words
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Page 26 Advertisements
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Advertisement454 1986-09-01 26 FINE-LINER SHIPPING PTE LTD TEL: *****52, *****92, *****92 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MDOiE EAST SERVICE 13/9. DUBAI, BAHRAIN, MUSCAT, DOHA, DAMMAN, 27/9 KUWAIT ABU DHABI HONGKONG/CHMA SERVICE 15/9 XM6AN6, BBJMG. TIANJM, 9CKOU, SHANGHAI. GUANGZHOU. NHAMPOA 3/9.10/9. lfi/9 BANGKOK 5/9 MADRAS AUSTRALIA 11/9 SVD. MEL. BMSBANE. AOELADC, FtEMANTU454 words
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Advertisement350 1986-09-01 26 NEAP SENG TRADING ft SNIPPING PTE LTD •001 BEACH ROAD #13-01 OOLOEN MUE TOWER SMOAPORE 0710 TEL MO. *****22 (3 UNEO) TLX NO. Rt ***** HEAPCO li'h <1 LLu? I 'Jl. UUL M IL' tfUD JW I SFT t/M ®T u xn wn w a/»*r Mt M4I4ZHZW4IIISI nUOTD UC MDBD350 words
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Advertisement564 1986-09-01 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD Fair com wooed soviet to tmort <« sin kftvk arcm x* KOKJW CMMCI m wmaum comma si* •tr 19/9 vn nn Am Us Fstan KW| 9ran Mm| 22/9 23/9 N/9 27/1 29/9 21/9 J9/9 1/11 VII 7/19564 words
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Advertisement774 1986-09-01 26 Everett Lines COMPAMA PERUANA DC VAPOREES (CJ».V.) "PERUVIAN STATE LINE" lH*M| lo> Cptao MMkm. k hnrm ports tfantopmit jt Rote On crv Tkroafk Mh •> L**M| to tna intoMUM huqooctt NMOianorn JOMCKKTT 5/1 8 13/14 S* 5/1 Oct p 'EVERETT ORIENT LINE"g JAPAN/BAY OF BENGAL/JAPAN SERVICE LOAOMG FOR HONGKONG*. YOKOHAMA,774 words
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Advertisement142 1986-09-01 26 ZIM r^rirT7ra rriii'i itTirnrTrr rn TT ::r zn eilat contamei im a cm ai k w w H/1 l/M VM VM 12/11 M/M 17/ M W/M mam teto. Mm 10/ TO. to tf kM I SrtttY 4/9/K I 24/9/K I O/1/K 13 10 K •t'l 1 'II 'i L7JI II142 words
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