The Business Times, 2 September 1986
1986-09-02
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The Business Times
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Title Section12 1986-09-02 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, SEPTEMBER I, IMC 75 CENTS12 words
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407 1986-09-02 1 THE APPEAL (or bail by Jailed Malaysian businessman Tan Koon Swan was yesterday turned down on the grounds that it was based on personal reasons. In the Court of Criminal Appeal, Chief Justice Wee Chong Jin, sitting with Justices LP Tbean and407 words
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504 1986-09-02 1 MARTIN SOONG - By MARTIN SOONG SIX WARSHIPS ordered by the Republic of Singapore Navy (RSN) will double the number of missile gunboats (MGB) in its fleet and provide the navy with anti-submarine warfare capability. According to the July 19 issue of Jane's Defence Weekly, a UK-based504 words
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Article92 1986-09-02 1 Reuter CHINA IS PLANNING new and more flexible policies that will make it easier for foreign investors to maintain foreign exchange balances, give them bigger shares of the domestic market as well as encourage them to reinvest in the country. Vice-Premier Li Peng said in BeijingReuter - 92 words
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Article, Illustration506 1986-09-02 1 HOCK LOCK SIEW - By HOCK LOCK SIEW PROPERTY KINGPIN Ng Teng Fong is fighting a multi-million-dollar battle to buy Orchard Square, the last piece of prime undeveloped land in Orchard Road. Mr Ng is negotiating with Ngee Ann Kongsi to buy the entire site, but has so far506 words
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593 1986-09-02 1 AMY BALAN - Tax concessions being examined By AMY BALAN WHEN THE Unlisted Securities Market starts trading later this year, it will have strong practical support from the Government. In a move to encourage companies to use the new market to raise capital, the Economic593 words
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Article, Illustration254 1986-09-02 1 SHARE PRICES continued to climb strongly in heavy turnover yesterday, with Malaysian counters leading the way. The BT Composite Index rase 16.23 points at 728.91 and the Straits Times Industrial Index finished 14.70 points up at 853.18. Volume was 34.05 million shares worth $56.34 million,254 words
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432 1986-09-02 1 THE POSSIBILITY of stockbrokers being made responsible for esch other's defaults was raised yesterday by Mr J Y PlHay. He said that the Stock Exchange of Singapore (SES) would want to study the clearing system used by the Singapore International Monetary Exchange432 words
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Page 1 Advertisements
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Advertisement114 1986-09-02 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Pick a money-spinner W m lJ FANCY owning a racehorse? Well, this is your chance. On Sep 13, the National Stud Farm at Tan Jong Rambutan will be auctioning off 25 ready-to-race colts and fillies at the Perak Turf Club. And, like it has114 words
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Advertisement237 1986-09-02 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AMCRAFT SCHEDULE CROSSWORDS TV RADIO BRISTOW DOONESRURY OUR VIEW SUBTLE SHIFTS in the Non-Aligned Movement ore likely in the next three years under the leadership of Zimbabwean Premier Robert Mugabe. It would be a significant step forward if Mr Mugabe's idealism and pragmatism could237 words
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Advertisement14 1986-09-02 1 ftAjkaA -A *—IM-. n A O mor% otititi, rag# w Asian stocks, Psgs 1114 words
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Advertisement70 1986-09-02 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC Cariier m -V i R 1 18 CT 3 GOLD BRACELET. RING AND EARCLIPS Cartier jewellery is sold exclusively in the Cartier jewellery stores and Les Must de Cartier boutiques Each piece is accompanied by a certificate guaranteeing its authenticity. /I ky mu/f de Cariier70 words
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HOME NEWS
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Article300 1986-09-02 2 MARTIN SOONG - Exhibition organisers want unrestricted use of combustible materials By MARTIN SOONG THE FIRE PRECAUTIONS for Buildings Code was recently relaxed to allow wider use of combustible materials in exhibition halls. However, major exhibition organisers and contractors now want the authorities to allow unrestricted use of300 words
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403 1986-09-02 2 IN PREPARATION for the Mass Rapid Transit (MRT) system and a possible drop in bus ridership, the Singapore Bus Service is to trim its workforce by 500 bus drivers a year through natural attrition. The trimming exercise is supported by the National403 words
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206 1986-09-02 2 LORRY DRIVER-turned-politi-cian Peter Bottomley, Britain's Under-Secretary of State for Transport, is in Singapore to help his country play a bigger role in helping develop the Republic's transportation sector. Mr Bottomley, who arrived on Sunday on a three-day visit, has met officials of the ministries206 words
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Article90 1986-09-02 2 ARMY CHIEF Lieutenant General Try Sutrisno of Indonesia arrived yesterday for a four-day official visit. The Indonesian Army Chief of Staff is accompanied by his wife and senior Indonesian armed forces officers and was met at Paya Lebar airport by the Chief of General Staff,90 words
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Article, Illustration396 1986-09-02 2 ANNA TEO - By ANNA TEO IF THE PICTURES of the digestive biscuits or cooking oil tin on the double-deck buses do not seem a wee bit unusual, look again. Where the SBS logo used to stand, just behind the driver's window, is now additional advertising space396 words
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Article98 1986-09-02 2 CAR VALET service is now available at Changi Airport. The service is available daily from 6am to 10.30pm. Valets will be stationed at entrance No 5 of Departure Crescent where drivers may leave and collect their cars. The latest that drivers can pick up their cars98 words
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201 1986-09-02 2 THE USE of special energy control devices and other energy savers have cut the cost of running Changi Airport for the Civil Aviation Authority of Singapore by at least $173,700 a year. The installation of energy control devices in passenger holdrooms201 words
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181 1986-09-02 2 ELEVEN INDIVIDUALS from various vocational backgrounds ranging from the fields of medicine, music, commerce to the armed forces have been short-listed as finalists for the Outstanding Young Persons (TOYP) of Singapore Award. The awards are given to persons between the age of 21 to181 words
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Article99 1986-09-02 2 NOMINATIONS are open for ihe 1906 Patron of the Arts Award. Instituted in 1983, the award is (or individuals and organisations who have contributed at least 1300,000 for the promotion of cultural and artistic activities in Singapore. Nominations are also invited for two new awards, the99 words
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152 1986-09-02 2 THE TRADE Development Board is holding a one-day seminar on "Export Assistance Schemes and Services" on Sep 30 at Conference Hall 11, World Trade Centre. The aim of the seminar is to explain the form of assistance available to exporters to152 words
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301 1986-09-02 2 A SUGGESTION on how to cut down staff won a finance officer in the Singapore Police Force $23,064 the highest award made so far under the SPF staff suggestion scheme. Mr Lim Bok Poh, a finance officer with the budget section,301 words
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485 1986-09-02 2 MONICA GWEE - By MONICA GWEE SINGAPORE has made the most use of public service advertising in the region, and is also the country that has used it, most specifically, to change people's attitudes. The underlying theme in all public service advertising campaigns here, whether it's the485 words
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Article189 1986-09-02 2 A 40-MEMBER economic mission leaves today to meet top government officials in the Philippines. The mission, comprising leading bankers and industrialists, aims to open up trade and investment opportunities between the two Asean countries during its five-day trip, organised by the Singapore Chinese Chamber of189 words
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Article377 1986-09-02 2 Seminars and courses DURATION Sep 6 Sep 8-10 Sep 9 Sep 918 Sep 11 Sep 12 Sep 12 Sep 13 Sep 15-17 Sep 15-19 Sep 16-18 Sep 16 TTTLf VENUE Management Corporations Shangn-La Hotel Problems and Solutions Selling by Objectives Century Pork Port 1 Sheraton Data Management Dynasty Hotel377 words
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Page 2 Advertisements
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Advertisement44 1986-09-02 2 R IIC.OI ITR^ i:. t mi lin l i Moonpfmsc gents* model by Jiit'ger-Le ('t»ulin\ Automatic movement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: CI.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd44 words
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ASIA-PACIFIC
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392 1986-09-02 3 AFP BEING A SHAREHOLDER in communist China is now not only possible, but can also be very profitable, as some workers in Shenyang are finding out. The industrial city of 6.5 million has scored a number of firsts in communist China's moves towards economicAFP - 392 words
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Article884 1986-09-02 3 Operator ARRIVALS Sorvico Local From SIA UA OA CAL FT SV SIA MAS MAS MAS SIA AC CPA SQ117 UA805 GA7110 a 341 FT75 SV398 SO 493 MH681 MH811 MH671 SO 103 AC858 CX710 timo 0005 0010 0145 0155 0314 0440 0500 0620 0910 0920 0950 0950884 words
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195 1986-09-02 3 AP OMAN will reduce its daily oil output by 50,000 barrels per day to help Opec raise sagging prices on the world market. The reduction became effective yesterday to coincide with the Opec cutback in aggregate production, according to aAP - 195 words
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218 1986-09-02 3 NYT REAGAN ADMINISTRATION officials are increasingly concerned over what they consider is a lack of effectiveness by President Corazon Aquino of the Philippines in insurgencies by communists and other groups. They want her to take tougher measures against them. The officials said their concernsNYT - 218 words
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Article136 1986-09-02 3 Reuter JAPANESE Transport Minister Ryutaro Hashimoto yesterday assured US and other foreign companies of a fair chance to bid for work on a new international airport. The issue of foreign access to contracts for the 800- billion-yen Kansai airport is one of several trade matters causingReuter - 136 words
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567 1986-09-02 3 Reuter BUYERS of computer-memory chips have been used to prices dropping about 25 per cent a year, but since Japan and the US reached a trade accord on the devices in July, prices have doubled and even tripled. The US pressed for the accordReuter - 567 words
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Article124 1986-09-02 3 AP THAI ARMED FORCES commander General Arthit Kam-lang-Ek handed over his post to a successor yesterday, ending a military career during which he posed the most serious challenge to the government of Prime Minister Prem Tinsulanonda. Mr Prem fired General Arthit from the post ofAP - 124 words
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170 1986-09-02 3 AFP THE PHILIPPINE government yesterday dropped rebellion charges against opposition leader Arturo Tolentino and 27 other supporters of deposed president Ferdinand Marcos suspected of masterminding a failed coup last month. Justice Minister Neptali Gonzales, acting on Instructions from President Corazon Aquino, ordered Manila's state prosecutor fromAFP - 170 words
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Article, Illustration317 1986-09-02 3 Reuter THOUSANDS of people yesterday demonstrated in towns across South Korea against the sale of foreign cigarettes, accusing the government of bowing to US trade pressures and harming national interests. Protests erupted in at least 15 provincial areas as about 500Reuter - 317 words
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Page 3 Advertisements
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Advertisement60 1986-09-02 3 fI l| ll IJI if The business person's choice, every I I IL-/| II I I I Tuesday. Thursday. Saturday and I V WI %l II Sunday. Leaving Changi Airport at I I\V y I i A 22:00 hours and arriving at Lester B. Ftearson International Airport the following morning60 words
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Advertisement161 1986-09-02 3 $26.50 m® SSfftfS-— OR RO *ST<*<*° fR\D^ *SM** SEAFOOD VN^r >01 \C RUCW^' t e>n*~2£? SSS&- .rryRD° NBLE (Pt SaP O^1 06 vrWJN 0 pann*° »W^SpSw* Bunet®"*" •J t 'oESS EJ<TS O<O,A -^SRSS^: W^S"^ After soup, salad and over 20 different starters... who can blame you for skipping the main161 words
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REST OF THE WORLD
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Article, Illustration521 1986-09-02 4 NYT THE WIDENING US trade deficit is unsustainable and may lead to global economic instability, according to Paul Volcker, the chairman of the Federal Reserve Board. Issuing a call for joint action by the major economic powers to reform trade and monetaryNYT - 521 words
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410 1986-09-02 4 AP AMERICAN and European economic sanctions imposed on Libya for alleged involvement in terrorism have had little effect so far. Diplomats and businessmen based in Tripoli say that a trip this week to seven European countries by special US envoy Vernon Walters, aimedAP - 410 words
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367 1986-09-02 4 Reuter FAMINE COULD STRIKE Africa repeatedly in the future, getting worse and worse and driving nations to the brink of catastrophe. A United Nations food agency report released yesterday said that the continent's agriculture ministers will be told at a meeting starting today thatReuter - 367 words
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492 1986-09-02 4 AFP WAGES and salaries in Britain are growing two times faster than prices, against a background of high unemployment, stagnating production and deteriorating trade and current account balances. Wages grew an annual 7.5 per cent in June as they had in May,AFP - 492 words
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130 1986-09-02 4 Reuter THE National Association of Purchasing Managers, which produces a closely-watched monthly index, has begun an investigation into several recent leaks of its index in advance of publication. Melissa Webb, the editor of the US-based index, said last week that the association had mailedReuter - 130 words
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203 1986-09-02 4 Reuter YOUNG BRITONS consider unemployment by far the most important issue affecting their lives, bat only one in five blames Margaret Thatcher's Conservative government for their plight. According to a Mori opinion poll published in yesterday's Times newspaper, the percentage of Britain's young Jobless whoReuter - 203 words
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271 1986-09-02 4 UPI THE US space agency will cancel up to 18 shuttle spacelab missions planned for the next five years, a devastating blow to space scientists, according to an aerospace magazine. Aviation Week A Space Technology magazine said in its Sep 1 edition thatUPI - 271 words
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656 1986-09-02 4 UPI ONE OF THE most popular trips made by America's largest travel club every year is the one where the passengers don't know where they're going. Members of the Ports of Call Club literally wait in line to plunk down US$l,3OO or soUPI - 656 words
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Page 4 Advertisements
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Advertisement182 1986-09-02 4 Protectionist mood could hurt Gatt talks, Pago 5 e a «s <S&*iedi» te pOSS e s siO p for Mit s per mete r prized land in HICOM INDUSTRIAL ESTATE FOR SALE. Freehold industrial land strategically located in country's prime industrial and manufacturing region of Shah Alam, Selangor; with complete182 words
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Page 4 Miscellaneous
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Miscellaneous63 1986-09-02 4 Doonesbury CDMANQMTE, LETMELAY IT OUT FOR YOU THE COMPANY* RLNNIN6 YOUR SHOW NOW, ANPTHE &G6UY M4NTS RESULTS' 1 t! L4U TO Vtf#i //A' 7 03 tew '7'// as S" s ©la'&i BY GARRY TRUDEAU THEN HE CAN RECOGNIZE YOU.ANP SUPPORT YOU WITH TROOPS IF NECEZSAKY. BUT FIRST YOU FOLKS HAVe63 words
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WORLD BACKGROUND
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Article, Illustration897 1986-09-02 5 NYT PRODUCTS made in South Korea are flooding the US, and some experts say Korea is challenging Japan as the leading low-price supplier of everything from small cars to video recorders. Hyundai, for example, introduced its Excel subcompact car inNYT - 897 words
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834 1986-09-02 5 NYT PAUL CATALANO was holding court in a 1.2-hectare man-made vault, 30 metres below the World Trade Center in New York. Mr Catalano, a white-haired grizzly bear of a man with a fierce handshake, a voice as rich as chocolate, andNYT - 834 words
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1184 1986-09-02 5 UPI PROTECTIONIST SENTIMENT is running high in the US and abroad as the world's leading trading nations gear up for trade liberalisation talks. "A world economy that stimulates investment and prosperity can only be achieved with a fundamentally open trading system; we have notUPI - 1,184 words
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Page 5 Advertisements
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Advertisement467 1986-09-02 5 I/i it ti/uuu i rvu Introducing Brother s World's First Daisy Wheel/Dot Matrix Printer. ±.< V "W p -f cr: a C 3 c::3 ctd .--aNew TWINRITER 5. The brand-new Brother Twinriter 5 hands you 36cps letter quality printouts for word processing requirements and 140cps dot matrix speed for data467 words
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RAW MATERIALS
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341 1986-09-02 6 AP FERTILISER SHORTAGES lasting at least through 1990 are hampering efforts by Asian countries to boost agricultural productivity and to feed growing populations. According to a report by the United Nations' Economic ft Social Commission for Asia k the Pacific (Escap), current shortages ofAP - 341 words
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178 1986-09-02 6 UPI PAKISTAN has signed a US$4OO million commodities trading deal with Iran. Pakistan's Finance Minister, Mohammad Yasin Khan Wattoo, returning from a sixday trip to Iran, told reporters agreements on pricing and delivery schedules of the commodities to be traded must be worked out andUPI - 178 words
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Article56 1986-09-02 6 Reuter JAPAN'S Ministry of International Trade 4 Industry (Miti) plans to spend 1.64 billion yen in 1967-88 ending March 31 on raising its stockpile of rare metals. A spokesman said the plan was part of Miti's overall *****8 budget request, which still needed theReuter - 56 words
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Article90 1986-09-02 6 OIL PRODUCTS MOST PRODUCTS were marked firmer in the Singapore spot market yesterday on near-term demand from trading companies and major refiners. October demand from Japan continued to condition the local naphtha market. Closing pricos for crude (fob origin) US$/borrel Chonge Dubai (Oct) 13.60 +0.10 WT1, W«*t Texas Intermediate, (Oct)90 words
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Article107 1986-09-02 6 Reuter INDONESIA'S state oil company, Pertamina, will send its first trial shipment of liquefied natural gas (LNG) to South Korea in November while resuming delayed price talks in Jakarta this month. Pertamina, which did not reveal the price of the 59,250 tonne trial shipment, signed a 20-yearReuter - 107 words
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Article67 1986-09-02 6 Bangkok (uss/twM. rot) Whit* Rice 100% 1st ckm 265 100« 2nd daw 230 100% 3rd dou 225 5« 215 10« 210 15« 205 20% 195 25« 185 35« 185 Broken Rice A-1 Super 135 A-1 Sptcial 132 C-1 Special unq C-1 Ord unq Loon rain Rico 100« Ut grade67 words
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Article11 1986-09-02 6 kl tin 2rr rk s (MtAfl) Price Closed Turnover (tonnes) Closed11 words
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Article182 1986-09-02 6 SINGAPORE The market closed slightly higher yesterday with October One RSS buyers quoted at 175.25 cents a kg, up 0.25 cent from last Friday's dose. The morning session gained 0.25 cent on some covering of October position in quiet trading and prices were little changed from lunch-time levels in182 words
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Article156 1986-09-02 6 RAS prices ia S cants/kf, FOB m h 4m NOON CLOSC Int 1 RSS Pfomrt In* 1 RSS Oct 46 176.50 177.50N 176.75 177 75N 175.00 175.50 175.25 175.75 kit 1 RSS Nov 86 175.00 175 JO 175.25 175.75 Int 2 RSS OP 172.50 174.50N 172.50 174.50N Int 3156 words
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Article34 1986-09-02 6 (c«tf*/kf, 1-tM P ••M) OCT 86 NOV 86 (currant montk) (forward wen*) NOON NOON RAS 1 *)«ri Silin %n*n Whn SSR 20 ***** *****N 158 50 160.50N SSR SO 155.00 157.00N 155.50 157.50N34 words
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Article130 1986-09-02 6 Cnin#9# Proouc# Exchange StMm' mm dewe p Sept 1 (S$/100 k 9 T now on Coconut oil FOB 43.00 Old drum FOB 56.00 New drum FOB 60.00 Copra 21 Mixed Ooose) buyers Pepper Muntok White FOB NLW 1317.50 Sarawak White FOB foq NLW 1302.50 S 877.50 Sarawak Asta130 words
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Article674 1986-09-02 6 COFFEE Robusta futures finished an active morning yesterday about £20 below fresh 16-week highs but still held net gains from last Friday's close of £80 to £20 a tonne. The sharp gains were not expected before the market opened and came on speculation that producers could intervene in674 words
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Page 6 Advertisements
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Advertisement324 1986-09-02 6 The searc W'ir-0 b'A. ;:S& V ur excellence Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who made the most notable contribution to business in 1986. And this324 words
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BANKING AND FINANCE
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Article781 1986-09-02 7 SINGAPORE: The US dollar closed slightly lower against most major currencies yesterday, except sterling, after a day of thin trading. The dollar opened easier following news of a larger-than-expected US$lB.O4 billion US trade delict for July and thereafter fluctuated within a narrow range on some selling and shortcovering.781 words
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Article150 1986-09-02 7 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-3/4 per cent yesterday, up 1/2 point from last Friday's close. The one, two and threemonth term rates remained unchanged across the board. S$ Interbank rotes at 7pm yesterday: Ohm m Owrr»ght 4 3/4 4 1/2 1-month150 words
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Article438 1986-09-02 7 BA Futures EURODOLLAR futures gapped up strongly at yesterday's Slmex opening and continued to trade higher in the morning as the weak US economic data last Friday provided upward momentum. December Eurodollar opened at 94J7 and traded up to 94.41 on renewed buying interest as market participants expect anotherBA Futures - 438 words
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Article347 1986-09-02 7 Asisn market ASIAN DOLLAR deposit rates extended Its earlier losses in thin afternoon trading yesterday on increased lending interest. Period rates fell between 1/16 and 3/16 point at the outset after news of a larger-than-expected US$lB.O4 billion in the July US trade deficit and speculation that the Fed may lower347 words
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Article, Illustration186 1986-09-02 7 Mkates fts svsrsc« sf fts prim Mhg rates sf 12 sujsr Ms epusksc Soppsra Interbank rotes of 3pm yesterday: LK«I dojlori^jto OWWCf. ■w Mter m 11 US dolor Staffing pound Auttrafcon dolor NZ dolor Conodtan dolor 2.) 525 ***** 1.3067 1.0461 1.5519 ***** 3.2119 1.3114 1.0487 1 5537186 words
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Article269 1986-09-02 7 HONGKONG: The metal closed firmer in fairly quiet trading yesterday on follow-through buying in reaction to platinum's strong tone. Early selling was quickly absorbed by overseas buying, which in turn triggered some local short covering. Bullion ended at USSM.IO/flo an ounce compared with last Saturday's U*****.00/50 close and the269 words
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261 1986-09-02 7 THE EXPORT-IMPORT Bank of India last Saturday signed a swap-related pound sterling loan agreement in London with a group of international banks in Belgium and the UK. Kalyan Banerji, the chairman and managing director, signed the loan agreement on behalf of Exim Bank.261 words
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154 1986-09-02 7 THE PRIME LENDING RATE of Tat Lee will be cut from 6.75 per cent to 6.5 per cent, effective today. Interest on savings accounts has also been cut by a quarter percentage point, from 4.25 to 4 per cent. Interest on this account154 words
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Page 7 Advertisements
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Advertisement79 1986-09-02 7 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 from79 words
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FEATURES
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Article477 1986-09-02 8 THE PRO-SOVIET tone set by the 1979 Summit in Havana has been muted somewhat since leadership of the Non-aligned Movement (NAM) passed to T^ nn Prime Minister Ranjiv Gandhi. However, one of the few key differences with India, held by Singapore and its Asean partners, relates to477 words
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Article, Illustration2371 1986-09-02 8 ZHOU MEI - Financial security via annuities will become the accepted way for retirees when the Minimum Sum Scheme is implemented. The scheme echoes much of the thoughts of earlier reports on the subject, reports Economics Correspondent ZHOU MEI. ZHOU MEI. "If a man takes no thought about what2,371 words
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Page 8 Advertisements
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Advertisement214 1986-09-02 8 the real v iews ...from the men who orchestrated the success stories of the last decade and built corporate giants like AT T, Sears Roebuck, Westinghouse Electric, etc "VIEWS FROM THE TOP" is a hardback book of how the top men of American industry won their success. It is available214 words
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Page 8 Miscellaneous
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Miscellaneous660 1986-09-02 8 CRYPTIC PUZZLE ACROSS 3 Possibly pecks very Sttte (5) 8 Test of legality? (5) 10 Engaged by a loftysounding communist (5) 11 He's half cut! (3) 12 Not reaßy o master traitor in French history (5) 13 As far as one can go into anything (4-3) 15 Knocks down hißs660 words
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SPORTS
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Article739 1986-09-02 9 BRIAN MILLER - Public auction at Perak Turf Club on September 13 By BRIAN MILLER WANT TO OWN a race horse? The National Stud Farm at Tanjong Rambutan has 25 ready-to-race youngsters going under the hammer in its 13th Sale to be held at the Perak Turf Club on739 words
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440 1986-09-02 9 Reuter DEFENDING champion Bernhard Langer won his fourth West German Open golf title in six years with a five-metre birdie putt on the fifth hole of a sudden death playoff against Australian Rodger Davis on Sunday. Langer's final round 67 left himReuter - 440 words
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Article, Illustration776 1986-09-02 9 AP JIMMY CONNORS's remarkable run of 12 consecutive appearances in the US Open semi-finals came to an abrupt end in New York on Sunday when the ageing number five seed went out tamely in the third round to Todd Witsken, who wonAP - 776 words
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Article126 1986-09-02 9 AFP ENGLAND'» world champion Steve Cram avenged his 900 m defeat at the European Athletics Championships by beating Olympic champion Sebastian Coe in the 1500 m, the highlight of the ""«I day in Stuttgart on Sunday. Coe, whose 900 m title was his first majorAFP - 126 words
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Article264 1986-09-02 9 Reuter MIKE HULBERT birdied the final hole to win the Memphis Golf Classic by one stroke over his boyhood friend, Joey Sindelar. Hulbert finished the U*****,912 tournament, which was boosted from US$5OO,OOO, with a three-under-par 69 and a total of eight-under 280. This was Hulbert's firstReuter - 264 words
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Page 9 Advertisements
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Advertisement269 1986-09-02 9 SOUTH EAST ASM DEVELOPMENT CORPORATION BERHAD HALF YEARLY REPORT TO STOCKHOLDERS COVERING ACCOUNTS TO JULY 31,1980 Your Directors are pleased to announce the unaudited results of the operations of the Company and of the Group for the half year ended July 31. 1986 as follows:Profit before 5 7Q7 7 464269 words
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Page 9 Miscellaneous
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Miscellaneous1147 1986-09-02 9 worn mm Shadow Chaacr 1030pm, Channel S Mysterious happenings plague the residents of a small Califomian town on a wintry night. Professor Jonathan MacKenzie (Trevor Eve, extreme left), son of a Nobel prize-winning scientist, is asked to study this phenomenon and he enlists the aid of a madcap mystery writer1,147 words
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Miscellaneous47 1986-09-02 9 Play golf the Sevvy way 1?H£ SUCE IS PRORARLY THE COMMONEST f4<tfT W GOtF.MmgTY PSRCENTOF THE TIME IT IS THE RESULT OF HimHG FROM THE TOP THIS RESULTS *H THE OUT--TOHN RATH OF THE CUJ&he&>. Hirnns from the TOR Simply means the PLAYER HASALU**E£>H*S UPPER &OCV TOPOMtMATE47 words
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INTERNATIONAL COMPANY NEWS
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865 1986-09-02 10 NYT THE STAKES in the pitched battle between the wealthy Hunt brothers and their major Hanirg appear certain to climb much higher than the US$2.2 billion in assets the Hunts shielded from bank foreclosures two weeks ago in three bankruptcy filings. SeveralNYT - 865 words
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180 1986-09-02 10 Reuter TALKS between Montedison Spa and Fermenta AB concerning the planned takeover of the Swedish pharmaceuticals company by the Italian chemicals group are making progress and are continuing, Montedison and Fermenta's main shareholder, Refaat El Sayed, has said in a Joint statement. TheReuter - 180 words
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257 1986-09-02 10 UPI WORLD AIRWAYS, hit by four straight years of losses, is planning to end its scheduled flights by Sep 15, the Oakland Tribune reported. The airline, which starts scheduled service out of Oakland Airport on April 11, 1979, would discloseUPI - 257 words
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742 1986-09-02 10 NYT SOME said that last week's events proved that deregulation of the US airlines industry had come full circle and that the government should get involved in the industry again. Others said that the White House was trying to convince theNYT - 742 words
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101 1986-09-02 10 Reuter BOOTS CO PLC has received and accepted applications for 142.7 million shares or 77.5 per cent of the 184.2 million shares offered to company shareholders at 205 pence each. The company's merchant bankers, Morgan GrenfeU ft Co, said that the new Boots ordinaryReuter - 101 words
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Page 10 Advertisements
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Advertisement517 1986-09-02 10 )r.S> ALL YOU WANT •> A### 1 *W C* J i 1 Sfe 80 m sV Cf/7 tmiiii V SUPER-VALJUE SEMINAR PACKAGE For Ss2onett per person per day, all these complimentaries: Seminar Rooms, beaiXHutty arranged vs per your instructions y Overhead Slide and 16mm Movie Project 4 Screen Video Recorder517 words
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Advertisement172 1986-09-02 10 .11 L' m r* l 6ng Cheng Ijou TSochevJ Seafood Restaurant 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++ lor eight person*. Happiness Menu $268++ for 10 persons. CROWTI ®PWNCE HOTEL HMtml172 words
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ASIAN STOCKS
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Article353 1986-09-02 11 HONGKONG: Share prices closed lower in active trading yesterday as the market continued to consolidate following last week's disappointing corporate results. But late buying from overseas helped the market recover some of its early losses. The Hang Seng Index finished the day 9.98 points lower at 1,903.02 after dropping353 words
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Article243 1986-09-02 11 SEP 01 Al Sincaro Mus Asm Comor* Cathay Con Onng Kh»o Bank KT 1.72 23.80 3140 38.50 23.90 23.50 9 95 +01 +0.1 -0.7 +0.6 +0.5 +0.05 +0.3 +0.4 +0.3 -0.1 0.05 +0.3 1.1 +0.35 +0.3 +0.2 -0.4 +0.1 35 Kuochan Da* Lao Chang Yuan Cham Inou* ljan Hwo243 words
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Article378 1986-09-02 11 TOKYO: Stocks closed higher yes- terday on continued buying interest in shares related to government spending programmes, but fell from an early record high on profit taking due to caution over the high prices. The market average ended at 18,820.75, up 33.35 from last Saturday, after hitting a record378 words
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Article79 1986-09-02 11 SEP 01 Acoj* Miring Anglo Phi fmm Onontal B Phi Ovonoat 0013 0.015 unch •0001 0 0018 0 0004 Ap«x Mfwa B Atlas Con. B. 0015 +0.001 27 10 ■0.5 PLOT 211 Gold Basic Pitrohuni Bonguot Con. B 0 005 86 -***** •4 San Miguo) B Saaiw Sinw Darby79 words
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Article429 1986-09-02 11 BYDNEY: Australian share prices yesterday closed mostly higher but interest was selective and turnover was relatively thin, brokers said. The highlight was volatile trading in BHP which lost 52 cents in early trading as Melbourne broker Potts West began selling heavily just before the midsession break. The stock closed429 words
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Article107 1986-09-02 11 UP 01 OMI Sugar Doabn M Doswoo Corp DM WOO HMVV W* 1940 536 1575 1310 39 -44 ♦5 -25 Kanowon M Kia Motor Katon M Koroo Long T«m Lucky Lid Ortantal Iraway 1100 1910 2250 1524 1600 1320 incti 7 15 14 inch -15 Dana Ah Phar Oong107 words
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Article155 1986-09-02 11 Reuter BANGKOK: The Securities Exchange of Thailand Index finished at 152.15 up 1.31. Turnover stood at 1.21 million shares worth 152.2 million baht. Reuter SIP 01 Ao Khom Thai MM Stam Camant Sam Gtaarw Sam Oa«r» 633 12 Aua Fibre Ayudhya lny«*»rT*n» Agro+xJ Banduk Bar* Bar* O Ayudhya CharoongReuter - 155 words
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Article54 1986-09-02 11 FT FINANCING charges have pushed Marcopper Mining Corp deeper into the red, its net loss widening to 88.447 million pesos (U554.32 million) for the half year from January to June from 59.488 million pesos in the same year-ago period. Gross revenue rose to 535.411 million pesos fromFT - 54 words
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652 1986-09-02 11 FT WHEN ROBERT Holmes a Court made his first audacious bid (or BHP three years ago he was given virtually no chance of success. Suddenly, it seems that he could be on the verge of taking control of Australia's biggestFT - 652 words
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206 1986-09-02 11 Reuter AUSTRALIAN company Broken Hill Pty Co Ltd says it knows of no reason for a 56-cent fall in its share price during the morning; trading session yesterday. The Melbourne Stock Exchange earlier asked the company if It" knew why BHP sharesReuter - 206 words
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Article120 1986-09-02 11 AFP AN AUSTRALIAN property group sued the New South Wales govern-, ment for more than As7so million yesterday after being jointly disqualified with a US company (ran a Sydney casino contract. The action was lodged in the New South Wales Supreme Court by Hooker Corp Ltd,AFP - 120 words
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Page 11 Advertisements
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Advertisement177 1986-09-02 11 Wi&ft to witte, ilae aM eatertala Start of A New Experience Kinta-Mani Transports the old world charm of Indonesia to you Tastefully furnished and decorated with art and batik that's uniquely Indonesian Lunch or dine under cloudy blue sky Tickling your palate with an authentic Indonesian cuisine is only half177 words
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Advertisement116 1986-09-02 11 To turn your night into gold with Freaky Freddy... just boogie down to the Black Velvet Gold Club. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine. Ladlot Night and no covor ehargo for couplos116 words
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Advertisement108 1986-09-02 11 Discover a whole new experience r? 3! m Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours: Moo Thur 12pm to lam Fri, Sat Eve of Public Holidays 12pm to 2am Open daily except Sundays -Happy Hours:108 words
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Advertisement153 1986-09-02 11 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 and imaginative sandwiches. Tea plus show at $10.50153 words
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Advertisement112 1986-09-02 11 Food a Boon Package v nc >k\ J* PP Deluxe Single/ double occupancy Transit SpeciaJ K tx 19 Cmrmm OM Sangaoor* 0922 T«l *****22 T«»w IW ***** For only $280*, enjoy a splendid 10-course lunch or dinner with Cantonese specialities like Barbecued Suckling Pig and Braised Shark's Fin with Crab112 words
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SHARE INFORMATION
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Article, Illustration4209 1986-09-02 12 HEAVY BUYING from both Institutions and Individuals again powered a steep climb In the Singapore stock market yesterday. Malaysian counters led the way and dominated the most active list. Volume was heavy at 34.06 million shares worth $56.34 million. This was markedly higher than4,209 words
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Article159 1986-09-02 12 SINGAPORE Risi M k idicM M GUm Sfwe Ltm4 M !■>■! S 1 A OCIC H'UIm Cm* JMg lag S0( AMI M 90* sr h Km 50« [wtiiili M 90( Nrib PW 244 570 460 785 820 362 140 505 396 350 120 830 277 ISO 454159 words
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Article3889 1986-09-02 12 SECTION ONE INOUSTKIAL COMMERCIAL Acme (1 635M3) 1.60(20) 1.62 (8) 1.61 (18) 1.63 (8) 1 62 (3) 1.61 (2) 1 63 (3) 1.60 Alcorn (0 6)8) Aml Stool 50« (1.278 1 28S) (3) 1 20(25) 1.22 (3) 1 21 (78) 1.24 (108) 1.23 (243) 1.253,889 words
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Page 12 Advertisements
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Advertisement13 1986-09-02 12 The KL stock market was dosed yesterday in lieu of Malaysia's National Day13 words
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COMPANY NEWS
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260 1986-09-02 13 MCB HOLDINGS Bhd, the recently revamped property-based group, yesterday unveiled its first consolidated pre-tax profit of MJ6 .63 million on turnover of M 524.3 million for the year to March 31, 1986. There were no comparative group figures for the previous year because260 words
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236 1986-09-02 13 NST THE HIGH COURT in Kuala Lumpur last week ordered former managing director of Malaysia Overseas Investment Corporation, Mohammad Abdullah Ang, to pay Ms2.B million, with interest, to Perils Plantations Bhd. Justice V C George, in allowing Perils appeal against the decision of aNST - 236 words
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LATEST RESULTS
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Article135 1986-09-02 13 FAI Imv aaee Ltd has announced record group net profits of AJ72.53 million (A 128.35 million) for the year ended June 30,1986. This is derived at after deducting higher taxes of A 530.69 million (AJ8.19 million) but before extraordinary losses of A 51.17 million (profit of A 56.12 million).135 words
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Article98 1986-09-02 13 HONGKONG Hongkong Indox Monday 1193.96 Friday 1199.84 W««k ago Closed Hong Song Indox Monday 1903.02 Friday 1913.00 WmIc ago Closed All Industrials Monday 1918.4 Friday 1897.0 ago 1874.2 NEW YORK Dow Jonas Friday 1898.34 Thursday 1900.17 W««k ago 1887.80 TOKYO Nikkoi Avorogo Monday *****.75 Saturday *****.40 W*«k ago98 words
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Article433 1986-09-02 13 LAST FULL YEAR Company Period Date announced last year Yeor ending Net EPS (cents) Gross drv Net profit (S r 000) S J Amol H Leong Credit Everpeacs Corp Supreme Corpn G 1 Hldgs Interim Interim Interim Interim Final Dec 19 Mar 14 Mar 25 Mor 25 Mar433 words
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199 1986-09-02 13 THE PETITION by the Central Provident Fund Board to wind up troubled Wannian Holdings, owner of the Furama Hotel in Chinatown, will be heard in the High Court on Sep 26, according to a formal public notice published in The Straits199 words
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Article231 1986-09-02 13 Mooogers pricts for Sap 2 Singapore Un MARA-Bumiputrs It Trust Fir»t B'pcino S*cond B'putro Third B'putro Fourth B'putro 4.74 4 79 4.37 4 42 1 3 35 3 40 Th* Commarc* 0.89 0.96 3.75 3.80 2.40 2.45 2 45 2 50 1.59 1.64 3.78 3.83 Th* Savings Fund231 words
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555 1986-09-02 13 RAMESH CHANDIRAMANI - Poor showing attributed to economic recession By RAMESH CHANDIRAMANI THE LAG EFFECT of the economic slowdown in Singapore over the past 18 months still continues to haunt Industrial A Commercial Bank Ltd, the smallest of the six locally-listed banks. For the first555 words
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Article, Illustration170 1986-09-02 13 A FORMAL NOTICE to wind up Selco Salvage Ltd, a subsidiary of the collapsed Pan-Electric Industries group, was published yesterday. According to the public announcement, the winding-up order on Selco Salvage was made on Aug 15. The last annual report drawn up on the170 words
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110 1986-09-02 13 Renter LEE MING TEE, the chairman of Australia-based Sunshine Pacific Ltd, said the company's Hongkong subsidiary, Crusader Investment Ltd, will soon announce the addition of a substantial overseas asset. He did not give details. But in an interview in Hongkong during the weekend, heRenter - 110 words
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Article, Illustration338 1986-09-02 13 MBT MBf FINANCE, which is keen to expand into commercial banking, has been offered stakes in certain commercial banks. But so far, the company has not decided to buy any, managing director Datuk Loy Hean Heong said last week. "We are very keen toMBT - 338 words
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217 1986-09-02 13 LOSS-INCURRING subsidiary of Intraco, Seasonal Garment Manufacturing Co (Pte) Ltd, has been sold for around fl million to two foreign companies and a Singaporean. The three purchasers are CGS Industries of New York, Hongkong-based Raphael International and Mr Bryan Davenport. They acquired the217 words
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Article238 1986-09-02 13 Compony RIGHTS ISSUE A B N Ooe-for-ten Bedford One-for-one SO 50 per share D C Bonk One-for-two $0 50 per share Duta Cons One-for-one 0 $1.10 per shore George Town Two-for-one $1.00 per share Kesang Hkigs Three-for-two $1.10 per share M A A Five-for-ooe $1.20 per share Mycom238 words
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Article299 1986-09-02 13 WANNIAN Holdings has replied to a query from the Stock Exchange of Singapore that no income has been received from its joint-venture investment in rhina for the five months to July 31, 1906. Such income "is recognised on a cash ids to the extent of the group's share299 words
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Page 13 Advertisements
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Advertisement332 1986-09-02 13 NOTICES I f>"'JVM -T? CAP. 1H CLAPHAM Pl* LID (IN VOLUNTARY UQUIDAnOIV) At an Extraordinary General Meeting of the Company held at 50/P Hopewell Centre, 183 Queen's Road East, Hong Kong on 28th August, 1988 the following special resolutions were passed:- That Clapham Pte Ltd be wound-up voluntarily pursuant to332 words
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374 1986-09-02 14 BRIAN GOMEZ - By BRIAN GOMEZ, Regional Correspondent SINGAPORE will give "strong support" to the Indonesian bid to host the 9th summit meeting of the Noo-Alignment Movement (NAM) dining the current heads of government meeting at Harare in Zimbabwe. As one of the founder members of the NAM,374 words
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331 1986-09-02 14 Bernama AFP ZIMBABWEAN Prime Minister Robert Mugabe yesterday called for "action-oriented" SouthSouth cooperation among NonAligned countries. It was time now for the series of blueprints in the Non-Aligned Movement's Action Programme for Economic Cooperation (Apec) to be implemented, he said at the opening ofBernama; AFP - 331 words
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278 1986-09-02 14 Reuter LLOYDS BANK PLC has applied to the US Federal Reserve Board for permission to buy up to 29.9 per cent of Standard Chartered PLC. A Lloyds spokesman said the application was made to keep Lloyds's options open with regard toReuter - 278 words
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Article174 1986-09-02 14 THE Singapore International Monetary Exchange hit a record last month, achieving an average daily exchange volume of 3,559 contracts compared with the previous record of 3,330 attained in January. Altogether, August saw seven records set on Simex. It was the month which saw an all-time daily174 words
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146 1986-09-02 14 THE NEWSPAPER and Printing Presses (Amendment) Act took effect yesterday. Any publication which has been gazetted a "declared foreign newspaper" would have its sales curbed. This Is one of the measures that the Government is taking against any foreign publications perceived to be meddling in146 words
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Article, Illustration472 1986-09-02 14 Bernama MALAYSIA'S Cabinet Committee on Investments is looking into the possibility of amending several regulations to speed up the processing of foreign entrepreneurs' applications to invest in the country. Deputy Prime Minister Ghafar Baba said in Pulau Pinang yesterday thatBernama - 472 words
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Article169 1986-09-02 14 Reuter INDONESIA will do more to encourage foreign investment as it looks for ways out of a deepening recession caused by falling oil prices. National Development Planning Minister Johannes Sumarlin, who had just returned from an investment campaign abroad, said in Jakarta yesterday that Indonesia welcomed criticismReuter - 169 words
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377 1986-09-02 14 AP Reuter INDONESIA yesterday reduced its oil production to a daily rate of 1.189 million barrels for September. A spokesman of the stateowned Pertamina oil company, giwrniifl Amin said that the cutback, in compliance with Indonesia's commitment to the Organisation of PetroleumAP; Reuter - 377 words
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Article111 1986-09-02 14 FIRST DEPUTY Prime Minister Goh Chok Tong told British Secretary of State for Defence George Younger in London yesterday of Singapore's desire to ensure that Western nations such as Britain continue to matwffa an interest in Asean, especially in its economic strength. The rationale111 words
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Article91 1986-09-02 14 AFP TAIWANESE businessmen will be encouraged to invest abroad to help ease the country's bloated foreign exchange reserves, which are at an all-time high of U5534.5 billion. A Taiwanese official said yesterday that the Economic Ministry had proposed relaxing qualifications for local companies applying forAFP - 91 words
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245 1986-09-02 14 Reuter ELEVEN metal brokers are to seek a court order to wind up the cash-stricken International Tin Council as die first step in an effort to gain repayment of debts, the brokers said in a statement in London yesterday. The legal action isReuter - 245 words
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236 1986-09-02 14 Reuter SOUTH AFRICA and Taiwan held talks in Taipei yesterday on ways to boost trade ss Pretoria, its economy threatened by sanctions, looked to its only political ally in Asia to help market its minerals. The ministerial-level talks are scheduled to lastReuter - 236 words
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Article191 1986-09-02 14 Reuter GROSS NATIONAL PRODUCT in western industrialised countries is likely to grow by an average 3 per cent in 1906 and 1987 after 2£ per cent in 1985. Tte RWI research institute, one of West Germany's top five economic research institutions, said its forecast was basedReuter - 191 words
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LATE FILE
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Article36 1986-09-02 14 AFP JAPAN'S foreign currency reserves hit s record hich of USHL2I4 billion at the end of August, for the ninth straight monthly increase, the Finance Ministry said in Tokyo yesterday. AFPAFP - 36 words
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51 1986-09-02 14 Reuter THE Thai government yesterday told a visiting Soviet nWIMiI that the conflict remains s major obstacle to Improvement erf ties between the two countries. Anatoly Zsitsev is in Bangkok to brief Thai officials on Soviet leader Mikhail Gorbachev's diplomatic initiatives for Asia.Reuter - 51 words
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Article47 1986-09-02 14 Reuter EUROPEAN Community External Affairs Commissioner Willy de Ckrcq was quoted by officials in Brussels ss saying yesterday that the question of whether the Soviet Union should participate in a new round of world trade talks must be left open tor the moment ReuterReuter - 47 words
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Article52 1986-09-02 14 Reuter HONGKONG legislators who drafted a report on a proposed Chiußtt nuclear power plant near the colony will be invited to discuss their findings with senior officials in Beijing. A Hongkong official yesterday said the invitation to meet officials on Sep 18 would be issuedReuter - 52 words
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Article41 1986-09-02 14 AFP HUNDREDS of relatives of the MB people who died when a Korean Air Line* Jet was shot down by a Soviet fighter gathered yesterday in Seoul tor a service commemorating the third anniversary of the incident. AFPAFP - 41 words
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Article60 1986-09-02 14 Reuter LIBYAN leader Muammar Gaddafi started his 18th year in power yesterday with a warning to the US that his country has full Soviet backing. In a defiant speech in Tripoli to mark the anniversary of Libya's revolution, Mr Gaddafi praised Soviet leader Mikhail GorbachevReuter - 60 words
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Article45 1986-09-02 14 Reuter A SOVIET passenger liner hat sank in the Blade Sea with tome lon of life, Tass news agency said yesterday. It said the liner Admiral Nakhimov sank on Sunday after a oolHskm with an unnamed cargo ship. RenterReuter - 45 words
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Page 14 Advertisements
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Advertisement47 1986-09-02 14 TAN CHONG TOWER OFFICE SUITES Units from 30 to 90m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 CM Tan Chong Realty (Pte) Ltd f 15 Queen Street Singapore 0718 s47 words
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Advertisement518 1986-09-02 14 "_|->+>,^/`~"?{)^%}_:([+,!(`\{, SIM Coarse Leaders' Coarse (Residential) Singapore, September 15*20, 1986 Objectives On completion of the course, participants would: have acquired a thorough knowledge of learning concepts and the related participative learning techniques that facilitate effective learning be able to conduct effectively training sessions developed systematically, based on a knowledge of518 words
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Page 14 Miscellaneous
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Miscellaneous11 1986-09-02 14 rpmm +m*mi Hours of Roinfai ttw month Roaqr 6ayt Hw mot11 words
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SHIPPING TIMES
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Article80 1986-09-02 15 STOLT NIELSEN has entered into an Australian venture with Uyeno Unyu of Japan. Uyeno Stolt Tankers will begin operations with the 9,900-dwt Stolt Australia, the Uyeno Unyu Shokai owned vessel which has 14 stainless steel tanks. The tanker will trade mainly on the Australian coast80 words
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Article42 1986-09-02 15 IN A Shipping Times article, "APL drops two ports of call on its global service" published yesterday, the heading should have referred to USL (United States Lines) and not APL (American President Lines). We are sorry few the error.42 words
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484 1986-09-02 15 G DURAIRAJ - By G DURAIRAJ EVERGREEN Line has taken up a 30 per cent stake in haulier company Konsortium Perkapalan Berhad to give it a firm foothold in the growth of containerisation in Malaysia. The move by the major non-conference carrier has attracted wide attention484 words
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181 1986-09-02 15 AFP SHIPOWNERS operating In the Gulf have begun to install a sophisticated antimissile defence system on board their vessels in an attempt to protect their oil tankers from Iraqi air attacks, The Times newspaper reported in London. Canisters of aluminium chaff, toAFP - 181 words
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352 1986-09-02 15 SHIPOWNERS have been advised by the Singapore Marine Department to ensure that suitable screening arrangements are provided wherever pipe fractures or coupling failures could lead to oil spraying onto heated surfaces such as the engine exhaust system. The advice followed recent352 words
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PORTSIDES
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Article125 1986-09-02 15 IRAQI JETS struck at Iranian oil and radar facilities on the Gulf island of Farsi on Sunday, 100 km south of Kharg Island, an Iraqi military spokesman announced. The spokesman said the jets attacked at 2:10 pm local time (1010 GMT), setting fire to installations125 words
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Article1185 1986-09-02 16 THE firmness seen for Panamax vessels for grain business on Friday from the US Gulf to Japan has spread to fixing for Continental discharge with Krohn agreeing U556.75 from the Gulf to Holland, shipbrokers said. In addition, a vessel is reported to have been fixed from the Gulf1,185 words
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787 1986-09-02 16 Reuter MEMORIAL tablets in chapels strung along the northern cuffs of Brittany tell the tale of thousands of sailors who have Srished at sea over the last years. Their descendants in this northwest tip of France, where the sea is both economic mainstayReuter - 787 words
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Article166 1986-09-02 16 AP SEVEN MORE American warships arrived in port at Sasebo on Monday, bringing the number of US battleships calling at the major US naval base in Nagasaki to 11. An official of the Sasebo city office, who asked his name not be used, saidAP - 166 words
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693 1986-09-02 16 NYT A SMALL CARGO ship flying the Danish flag radioed the nearby port of Callao on June 6 to say it would be docking shortly. Hours later, it turned around, sped north and left in its wake a mystery of conspiracy and corruptionNYT - 693 words
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Article696 1986-09-02 16 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Altrons VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL HI 1 Bolt-Canada Line V* 4/5 Bolt-Orient Line VI 4/5 Bank Line V 5 B8S II 4/5696 words
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Article178 1986-09-02 17 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/ AUBTRAUA): Australian National Line Australia/Straits Container Line178 words
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160 1986-09-02 17 AP THE WEST GERMAN captain of a freighter used to transport Tamil refugees to Canada has changed the ship's registration from Honduras to West Germany, Las Palmas port officials sakl. Officials said the captain, Wolfgang Bindel, 45, made the registration switch of the 382-tonneAP - 160 words
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421 1986-09-02 17 THE SEAFARERS minimum wage rates set by the International Transport Workers' Federation (ITF) could be cut in a review of the four-year-old pay scale. International currency fluctuations have caused a review of the United States dollar denominated scale although there is expected to421 words
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329 1986-09-02 17 Kingsley Wood - -By Kingsley Wood SHIPPERS ARE PAYING far higher freight cost than necessary because restrictive attitudes by maritime unions and shipping conferences will not allow the sort of incentives which airlines provide to freight forwarders, a leading freight forwarder told the International Cargo Handling329 words
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211 1986-09-02 17 AN 11.5 PER CENT rise in crude oil tonnage has caused a 4.3 per cent growth in total transhipment tonnage at the port of Rotterdam to 128.4 million tons in the first half of the year. Crude oil liftings, boosted by the fall211 words
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103 1986-09-02 17 Reuter A JAPANESE patrol plane, looking for a Sing» pore ship m taring with its anew of 25 Filipinos in the East China Sea, found an empty life boat and two floats tram the ship on Sunday. Hie Japanese Maritime Safety Agency saidReuter - 103 words
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Article329 1986-09-02 17 AFP A DROP in activity due to charterers' arrangement of adequate cover for August earlier this month has led to tankers chasing too few cargoes, with a consequent decline in rates over the past The holidays Aug 25 in Britain and Sept 1 in the United States contributedAFP - 329 words
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179 1986-09-02 17 THE NEW South Wales Maritime Services Board has offered its expertise in port planning, construction and management to China and South-east Asia in a new joint venture with the project and construction management firm Turner Australia. Called the Port Development179 words
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7182 1986-09-02 22 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.7,182 words
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Article768 1986-09-02 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location SS Bridge 56E 02.9.86 1600 Kawasaki F1 0700-0800 B8 T oyomo 296 02.9.86 1700 Ned-EAC F7 0800-0900/0700-0800 P2/S2 Koto Mochon 8616 02.9.86 1900 PIL F7768 words
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Article1718 1986-09-02 23 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 Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Muitiport Sdn Bhd (PK) American1,718 words
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Article487 1986-09-02 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B'tang Beloit Equator 5 Jenhol Tomoh Satu Auby Chris Isabel Kim Soon U Nho Trang 1 Reina Ronghuashan Posir Panjang Nioaa 39 Po-Gon Pratiwi Vega CNp Bee Defcma 121 Dhonokutit Golden Lake Ma ho k a Trono487 words
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Page 15 Advertisements
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Advertisement656 1986-09-02 15 PUBLICATIONS f/ THE HEART OF THE mm t t JARDNC SHVTMG ACENCtS (Rog. lb. 2(2164/ 00i) VWIS TOO Cantonment Road #12-05 So»«*wrt Support 0708 Td *****11 TELEX NO RS ***** H _VM4'- TERMMAI/CFS 3700 718 TO 770 800MHGS 3700 734 TO 735 SwflwS pesara nm sotme mocks son. m. PETAL656 words
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Advertisement71 1986-09-02 15 MEMORIAL tablets in chapels strung along the northern cliffs of Brittany tell the tale of thousands of sailors who have perished at sea over the last 200 years. Page II THE SEAFARERS minimum wage rates set by the ITF could be cut in a review of the four-year-old pay scale.71 words
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Advertisement192 1986-09-02 15 AT FESCO LINES y FAR-EASTERN fi SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE FASTEST TRANSIT TO EUR SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS J° rt ng P.n.ng Voy EXPORT192 words
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Page 16 Advertisements
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Advertisement354 1986-09-02 16 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South Wast Fwdir at Kao Pacific North Waat Faodar at Kao I' J-»il'TTrilflTI —MrTMnWT'nTTTmi IMI 'lIT'IIBIIHIB BDBKBBMO n MB'l'llll l Bil 1 MB'lißi'Ußl IMi '|iwi"hmihi'^ VIimFSTTM!:?:■ HTif U W 3TMI BMESM IX" ■mnEnnn H.I, 11 'I 1 <■ MIDDLE EAST Full Container Service354 words
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Advertisement327 1986-09-02 16 Supercarrier Service 11/1 I IU3/9 U/H lin J/10 24/10 Mh (IU). 1 Fracac*. IMM Skacfcta. Mi to I Mi Caracas. Nrt at to*. I 22/ M M/M 24/10 121/10 0/11 «/U 10/11 12/11 21/11 a/11 »/ll 127/11 11/12 lli'i Wa. Maa Tarn Carina*. Fart dt Fiaaca. tart AI w/L&m CONTAINER327 words
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Page 17 Advertisements
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Advertisement760 1986-09-02 17 The Straits Steamship Group —T" Mansfield Container Shipping PteLtd OvtfMM Containers Limited M.'i'jl' j.iaj 9V9 «/S W W B/» W W 11/9 U/9 11/11 n/M M/M WH M/M a/9 o/» ie/ie u/u m/m u/m u/m aa aa m/m m/m m/m n/M zvm m/m m/m m/m */m a/M a/M n/M 11/11760 words
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Advertisement531 1986-09-02 17 CHARGEURS HAVRAISE K'FDEX L Am (MEB CLUB MEMBER) CHARGEURS REUNIS ;PVI CONTAiNfPISFO SfPV'CE T <; S ,APORf t NQlliß f S *14 rrs irvs* > m :.'^sp r Optorg Shipping Pte. Ltd lEL M A i ptn Twm m c. imm mr mm wrnm ur» an m/m m/m m/m n/w531 words
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Page 18 Advertisements
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Advertisement299 1986-09-02 18 Hapag-Lloyd TO EUROPE/MED I QUNSMO I SHMGNM tpart PKctenf P«nan( LramAn Cwi feat Mam Bharan t ««rp 11/11 13/11 IC/11 19/H 17/11 M/ 1217/1- 21/12 FROM N. CONTINENT iUK IMPORTS Agents SEGANh *****66 R. lianpw *****25/C/t, *****19, *****49 *****71 f. Kdanf *****1 *****00 CFS *****1 *****72 feu* *****7, 6134*2 *****33299 words
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Advertisement571 1986-09-02 18 JCSline ie»: FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Mrmbrr ot the Acr Consortium li'ftn 3/9 KPTIK C*m*l 36M ROKM CHMa m HONGKONG CONTMC* SIM PROM EUROPE VIA SUEZ ft Membft ol the Act Consortium FIIIIY CONIftINfRISID 10 FROM NORTH AMFRIC# WiSJ COftSI TOR/Mono unai Mt 39C/K HONS OK571 words
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Advertisement323 1986-09-02 18 at Hai Sun Hup Co (Pte) Ltd m TEL *****06 (20 Lines) TLX RS ***** RS ***** t I \SI I l<\ \K I|\ i k i id STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loadnf at appropriated Berth P4-PS NOTE: ALSO CALLMG OTHER IAPAKSE PORTS, HONGKONG. TAIWAN323 words
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Advertisement779 1986-09-02 18 n 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 rooa w ssp Mono m ua sic in a rn fW GOODS 4/1 DKCT */l yil f*» ***** 4/1 HO WTAI VM VM 7/M ewi auic) ii/) ma gar 7/m u/u no mm779 words
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Page 19 Advertisements
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Advertisement546 1986-09-02 19 V\V PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VtMCL HOT A BMGA MAJAFAMT OOWA VESSEL MA VICTORY KOTA SOMA SIN JKT MY SIN M W W ii/* 2i/i 23/9 20/9 ttn 20/0 1/10 «/io •TCN TAICHUMG 'MIR HKQ KAO *TCM546 words
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Advertisement257 1986-09-02 19 \rf. THONG SOON V AGENCIES PTE. LTD. #09-00. Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO SARAWAK EQUATOR I SX 21/16 I 3 Sept 5 Sept Kuching EQUATOR SX 29/86 110 Sept 112 Sept Kuchtng JENSON SS 20/86 2 S«pt 4 S«pt257 words
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Advertisement719 1986-09-02 19 r »WNM .If J BENLINE CONTAINERS TO UK/CONTMENT itok hmi nwoi mm 23/1 25/1 27/1 21/1 1/11 VU vi* vu 11/19 11/11 14/11 11/!• 17/11 U/U It/II N/10 25/11 77/11 U/U 2/U VU VU 1/11 VU 11/11 12/11 13/U U/U 17/11 11/11 21/11 21/11 21/11 21/11 21/11 VICE HOW UK/COWOT719 words
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Advertisement301 1986-09-02 19 IB <$> a EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE u wnwt n-m 2-4/9 n/u 20/ M a/u no tvm/rtm kmc 9-7/9 I VII 7/11 11/H SS I «/12 Vl2 11/12 M/U 19-21/11 I 11/11 11/11 19/11 22/11 ii i mymmttiXtwmAy I LMi I 'ML *9 ~V Vr pt i301 words
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Advertisement315 1986-09-02 19 BOUSTEAD SHIPPING AGENCIES m prom mm MENU tIVH PMN V/IRMI BURMA FIVE STAR (Burmese National Line) Loadn| for Ranfoon S'poro PJota* Mfc«/2kpt 11/12 U+ 11/12 Sopt V/21CW 2t/34 Sopt V* BANK LINE NMTHBOUH) TO UKC SPOOE ROAM Mil HMK MORAYBANK VIN CLYKBMK VIM TMMITJU SAMOA Vt NYBANK V.I7N FORTHBAMK ¥17*315 words
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Page 20 Advertisements
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Advertisement1365 1986-09-02 20 ECUADOR/PERU/CHILE M w K LINE KAWASAKI KISEN KAISHA. LTD: rraa *a fm nsa *25 Mono m iw m spok wis m van kqk cuataqul cauao mica kjuqii afacasta s aatowo yaipmabo IS# 4if sif 7 S«p 31 if Oct 14 Nm IS Nm U»« 1« Nm CENTRAL AMERICA/CARIBBEAN SEA Fam1,365 words
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Advertisement679 1986-09-02 20 3 AUSTRALIA EXPRESS CONTAINER SERVICE Accopting FCL/FCL CwMwn Feeder PAelant Inter Vessel spore Mrt) Frca S*Jn Aha Accepts OMNDOAS V7l 7 Sefrt 24 S«pt 3 Oct I Oct AM/Bns CALABAR *27 6 S*t>t KABRIOAS *30 17 Sept 2 Oct 11 Oct Oct AM/Bfli FSTlCirftß *7 21 S*t RARDAS *25 8679 words
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Advertisement700 1986-09-02 20 GOLDEN LINE GUAM GUAM SHPPftG (PTE) LTD 23. T*t Ay* ik—i msmm dim m smim hi jbi STRAITS/PERSIAN GULF SERVICE: s»™ OOUKN NAWN Mo«bo/llii»c*/D*»/BNf» 72/1* GG. uUL Mf.lW.fj.U.l 'fVI- Ht ID 1 W.i.ii GAOCKNE 22/9 23/9 GUOOC 1/9 2/9 21/9 I 7/11 9/19 11/19 13/10 7/9 129/9 lt/9 29/9 22/9700 words
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Advertisement349 1986-09-02 20 INTRASEA IPTE) LTD 10 Anson Road "27-16 Internationa 1 Pia/a Singapore 0207 Tel *****11 iHi tinesi OLTWIC MOfTT 88K921 S>ar* P. 5/9 ROT/ANT/VK (AVON) I PHIIIIRON SHIPPING AGPNCItS PTP I ID Pn PHIII-ORIfNJ 11 NFS PIP I TO —Hia f t pinci tip, imi HtlliDlN N .WON CIM» TEI 386??349 words
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Page 21 Advertisements
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Advertisement713 1986-09-02 21 Sp». Id Nt (diet *****77 neptim agenck PH. iro. n ju/«ust tm/w TcrmH Ctt HOOKS *****77 27*5753 *****42 *****22 *****53 BNKJ I** 27*11* *****16 NEPTUNE ORIENT LINES LTD "Z F» mmii lr«fM HIM'" (km cjl *****44 M>*», NEPtME SON. BHD *****87/*****45/*****53/*****26 K lumpu NEPIME SDN. BH>. *****71/*****34/*****35 Nn»f NEPIME SON.713 words
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Advertisement413 1986-09-02 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN. INCHON VtiMfc Kant I ItflA/ttt <NA) No I Dmm/MM No 7 Own/MTU No 5 Oauni M7N lb Dmai/tOtt TBN'tOi m) No I Ovum U7N Mi 7 Dm UM Spurt S/9 <«M »t) 7/9 11/9 21/9 21/9 30/9413 words
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Advertisement600 1986-09-02 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street S«(apore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S f KELANG POM* M/S SHMKAT NAH SOON SON. BHD. IST ANO ?N0 FLOOR. MESSRS HN THONG SMPPWG600 words
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Advertisement81 1986-09-02 21 Vf/ /s/y//v TA L/ivr: GtSO MMU NO I 27* SjM Salad KOBE MMU V.IOU Sated 3/9 SEIZJW MMU V 2* 5/9 11/9 FOK TUNE CMMER ¥.23* 9/9 14/9 PWE TWE V.IA 11/9 23/9 General «r*«» hr HI. 6m Ifan m. t ki Mi fti M hp H il Gdn K-2081 words
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Page 22 Advertisements
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Advertisement405 1986-09-02 22 F REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) «sel S£A DRAGON SMGAPORE 3/5 TWFri I 4-5/9 Sjt/SM 6-7/9 7-7/9 EEB i" j| ;i E2QE2123 C2QE2IZ3 mmm i H EM ES3CSSI miw r V\.M \Hk"U\\3 \hM [n't r m rFTTI U23EESI CEDCESI TWFri 11-19/9 Sat/Sw 120-21/9 21-21/9 TWFri 111-12/9405 words
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Page 22 Miscellaneous
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Miscellaneous152 1986-09-02 22 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. •c a w Wmd direction with speed n knots Wove height LEGEND: R Thunderstorm Temperature C X Weather Wmd drection with speed m knots o, Wove height Cloudy Sky Surfoce winds ore indicated by arrows which fly with the wind152 words
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Page 23 Advertisements
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Advertisement141 1986-09-02 23 MBC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSMP SPORE *****88/*****56/*****48/*****93 *****11/4 TERMMAL *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 H".l' -MgJFTTM ii '.["iminiß n-T—■rrTTMrir^— □3E3IEEI El B3 Bi EEI DII EO if 1 ■nnrvin— cgnilEmSlEMi ■EIEE»DEI n-Tr^tnnrorTTT^^TTinryTwmMinnßTMK",, ,jLizuuALwCUl ALSO ACCEPT* FOR: ANTWERP. L. HARVE, UK. BREMEN, COPENHAGEN. OSLO141 words
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Advertisement212 1986-09-02 23 line INTERNATIONAL TRANSOCEAN (M) SDN. BHD i 1 fir I ***** Penanq Tw *****5 *****5 3710 TFSPCi Fax No 04 •6?773 c > COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI CONTAINER SERVICE 10 TO UKC STORE NORTHBOUND TO UKC mrnmrm— CLYDEBANK VIM t General Agents Sf212 words
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Advertisement175 1986-09-02 23 Bookings: MAC-NELS AGENCIES PTE. LTD. Tel: *****44 (20 Lines) MAC-NELS (MALAYSIA) SDN BHD. P. Ketang Tel: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. Penang Tel: (04) *****8/9 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) EEOER VESSEL P*G SEN VESSEL SIN M"SEILLES 2) NIMH 3)LONOON HAMBURG St GOTHENBURG T wftm/ISt n. /m m.175 words
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Page 24 Advertisements
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Advertisement174 1986-09-02 24 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 143. Cecil Street 4 10 04. GB Bml<Wig S poie 0106 lel ??19?5S Pod Kelang Tijj Pina Shipping Sdn Bhd Tel 03 *****24 ■> Penanj Malaysia Irade t Transpoct ltd lei 04 *****3 Pas* Gudang Maljysian Shipping Agencies Sdn Bhd174 words
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Advertisement130 1986-09-02 24 rjJ Lauritzen Bulkers Your reliable partner Regular Conventional Timber Plywood Service To: Indian port* Sabah/Swfc Ports Sinfapore Loadnt tor Cipper Flame 10/09 20/09 Cafcutta/Mrtas LB N 05/10 12/10 Calcutta/Madras General Agents Singapore Wood Lino Tal: *****11 Sabah Capricorn Tol: *****4/*****2 r Service GmbH EUROPE/S.E.A. BREAKBULK SERVICE Vasset Pt of Loading130 words
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Advertisement326 1986-09-02 24 Iff MitsciOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S ■0 ATLAS MARU 5 Sept Mombasa. Daressalam. Tanga. +Betra, Tamative MORNING GRACE 15 Sept Mombasa. Daressalam AFRICA MARU 26 Sept Port Lows. Reurwon >uncc UARIJ 18 Sept Apapa. Port Harcourt. +Warri EARNEST VENTURE 17 Sept P. Notre, Abidjan, Buchanan, Monrovia Apapa, +Lome, Tema, Soyo326 words
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