The Business Times, 23 September 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, SEPTEMBER 23, 198« 75 CENTS
    12 words
  • 536 1  -  Elevation of Barings's new local chief to lead association questioned By ALVIN TAY THE QUESTION of who should represent the 55 merchant bankers with offices in Singapore has surfaced along Shenton Way. The debate, which centres on whether an individual or a bank should
    536 words
  • 354 1 THERE IS MORE to developing a tourist industry than having some natural attractions, delegates of the American Society of Travel Agents were told by President Wee Kim Wee yesterday. In an increasingly sophisticated industry, more countries are recognising that a well-de-veloped tourism infrastructure is equally important,
    354 words
  • 157 1 ANOTHER pitch is being made by the Philippines to attract tourists and investments to the country. This lime it is spearheaded by Tourism Minister Mr Jose Antonio Gonzalez, who is leading the 50-member Philippine delegation to the American Society of Travel Agents'
    157 words
  • 242 1  -  By BOEY KIT YIN A NEW CHIEF will today assume leadership of Singapore's biggest business organisation the Singapore Federation of Chambers of Commerce and Industry (SFCCI), with about 10,000 members representing five chambers of commerce and one trade association. He is tipped to be well-known
    242 words
  • 204 1 DUE TO A LACK of buying support, share prices continued to ease across a wide front on the Singapore stock exchange yesterday. At the close of trading, price falls overwhelmed gainers by a margin of about six-to-one. Selling pressure was evident right from the
    204 words
  • 339 1 AFP Reuter JAPANESE monetary officials yesterday welcomed the stance on the dollar's fall adopted on Sunday by European Community finance ministers. They hoped that the Gleneagles, Scotland, decision to defend parities within the European Monetary System would "lead to greater exchange stability", one
    AFP; Reuter  -  339 words
  • 120 1 Reuter JAPAN'S Minister for Economic Planning warned yesterday that it would take years to solve the country's trade imbalance with the US and urged America to take a more realistic approach towards tackling the problem. "It is not realistic, and it is not even a
    Reuter  -  120 words
  • 527 1  -  By ELAINE KOH CASH-STRAPPED Emporium Holdings is believed to be in the final stages of negotiations with two interested parties to either buy over or take up an equity stake in the retail group. The success of the negotiations could be crucial to
    527 words
  • Page 1 Advertisements
    • 120 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM in Hair Weaving Si htirGare Before 'Link' After 'Link' HAIR WEAVING and HAIR CARE SPECIALIST is here at Link Hair Care to check your hair and scalp and offer you our Expert Advice Free of Charge We are inviting all men and women with
      120 words
    • 283 1 Cultural show put up for delegates, Take tourism seriously, urgea US official, Page 2 Protectionism looms largo a yoar after G-5 mooting, Paga 7 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTER TV ft RADIO OUR VIEW SINGAPORE is today the second busiest port in the world. It has reached
      283 words
    • 107 1 }!%=~$,|$<&=;{_-*)'<[??"}=.,@+_ w h m ■m C* Si m m n niltfi Now therms an easier way to nx>ve your gok! around the world. Global Gold Certificates from Singapore's biggest banking group. The most flexible gold certificates in the world. Not only can you buy them in one country and cash
      107 words
    • 7 1 Nikon THE WORLD'S j FINEST PHOTOGRAPHIC SYSTEM
      7 words

  • HOME NEWS
    • 456 2  -  By LISA LEE HEFTY SPENDING on promotion and advertising and a drop in income from cess collections have led the Singapore Tourist Promotion Board (STPB) to report its first net operating deficit in this decade. The board reported a deficit of $7.6
      456 words
    • 158 2 IN ITS HUNT for bigger tourist markets, the STPB is looking at an "IT k ME Show" in Chicago to promote Singapore. "IT k ME" is the world's biggest incentive travel show, billed as one of the best platforms to set up and strengthen contacts
      158 words
    • 122 2 CHANTING, singing and twirling pois in hand, Maori dancers yesterday descended upon the Cerebos Pacific factory and gave New Zealand-bound Chia Meng Tze a taste of cultural hospitality. Miss Chia, 23, who is being sponsored by food company Cerebos, is the next Singaporean
      122 words
    • 555 2  -  By JAIME LYE TOURISM MUST be considered in national economic and political decision making if countries are to experience its full economic benefits, a US government official yesterday told travel agents meeting in Singapore. I Speaking at the opening of the 56th American Society
      555 words
    • 95 2 THE FORD Foundation was the biggest donor to the Institute of Southeast Asian Studies (ISEAS) last year. The ISEAS received some $2.9 million in donations and grants from April 1965 to March this year. Nearly a quarter of this, or $646,230, came from the Ford
      95 words
    • 378 2 "NOT ANOTHER lion dance" is very likely to be the most uttered murmur among foreign delegates before the 56th ASTA World Congress comes to an end in "Surprising Singapore" this Friday. Lions in all colours and sizes and in various stages of fur growth have been
      378 words
    • 422 2  -  By MARTIN SOONG YOUR STOMACH feels like it's caught somewhere in your throat. Your lunch feels like it wants to return to its plate. You are being launched by steam catapult off the flight deck of a US Navy aircraft carrier at
      422 words
    • 217 2 GAINING A FOOTHOLD in the UK market is going to take a lot of promotional efforts, a large dose of patience and good quality stuff at competitive prices, the Trade Development Board is telling local businessmen. But once businessmen succeed, they will find
      217 words
    • YESTERDAY IN PARLIAMENT
      • 254 3 ANYONE arrested for contempt of Parliament will be deprived of certain fundamental rights spelt out in the Constitution under a major bill passed by a two-thirds majority yesterday. The passage of the Constitution of the Republic of Singapore (Amendment) Bill now means that the rights of legal
        254 words
      • 79 3 THE HEALTH MINISTRY has set up a unit to work out ipeasures for arresting the declining population growth, Mr Yeo Cheow Tong disclosed. Comprising demographers, sociologists, economists and statisticians, the unit will spell out its measures and consequences of the decline in a report to the
        79 words
      • 42 3 EXPATRIATE staff in the public sector will not be paid exgratia amounts equivalent to the cuts in the Central Provident Fund rate. Education Minister Dr Tony Tan announced this on behalf of Finance Minister Dr Richard Hu, who is abroad.
        42 words
      • 65 3 PEOPLE applying for three- or four-room simplified flats would, on average, have to wait about three to six months before being allocated one. But those applying for fourroom Model A and five-room flats would have to wait longer about one-and-a-half to two years, National Development Minster Teh
        65 words
      • 290 3 PARLIAMENT yesterday passed the Civil Defence Bill. Once the bill has been signed by the President and gazetted, the Singapore Civil Defence Force will come into full legal being. It will see the transfer of 34,000 Singapore Armed Forces (SAF) Reservists to the Singapore
        290 words
      • 78 3 MR JB JEYARETNAM (MP for Anson) wants the government to help ex-prisoners who have difficulty finding gainful employment. Replying, Mr Wong Kan Seng, the Acting Minister for Community Development, said there are various government departments and after-care as- sociations, such as the Singapore Corporation of Rehabilitative
        78 words
    • 589 3  -  By LEE HAN SHIH Property Correspondent A TOTAL of $30.7 million worth of investment has been generated through the sale of sites in Marina South, with the Jumabhoy family, Striker's Bowl, Koon Hoe A Co and others all chipping in to make
      589 words
    • 416 3  -  By LUCY NG THE Development A Building Control Division (DBCD) said the Certificate of Fitness (COF) for Lian Yak Building would not have been issued had it known the water tank existed, the Commission of Inquiry into the collapse of Hotel New World heard yesterday. Mrs
      416 words
  • Page 2 Advertisements
    • 210 2 The experience begins with a special welcome bouquet. This is an appreciation of how much we enjoy having you with us. During your stay, you'll notice the little things that get done quietly and efficiently. Like offer you shopping tips. Strict screening of your guests. And upon your request, we'll
      210 words
    • 178 2 brother DOT MATRIX PRINTER M-1509 m THE PROOF IS IN THE DEMO 7 Epson FX-100+* and FX-105** AS [II I 11 M 7K—te jIT! in in 6km* 40 *****11 6 fends *0Z i 111 ill 6fends Js] rTTTITI 6 fends fin ![m 3Kavls No other printer in its price range
      178 words
    • 10 2 Franc# btwikltrtd by bomb attacks, Top Amorkwia got Pago 7
      10 words

  • Page 3 Advertisements
    • 353 3 ITS HARD TO IMPROVE ONAVQIVO24O, BUT WE MANAGED. We even improved on the price. Take a close look at Volvo's 1986 240GL injection and its surprisingly affordable new PARF price of only $62,748. At this price, wouldn't you rather have a Volvo? With the new Volvo 240, you'll discover a
      353 words
    • 64 3 FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canton, Sanitary facilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.VJL Transformers, suitable for all types of industry except food. 3.1.8 km to Jurong Port off Jalan
      64 words

  • ASIA-PACIFIC
    • 310 4 UPI CHINA's ruling Communist Party is ready to launch a new ideological campaign to offset material incentives promoted by recent economic reforms. The official Xinhua news agency reported on Sunday that the party's powerful cantral committee had prepared a draft resolution on "cultural development
      UPI  -  310 words
    • 199 4 AP CHINA PLANS to construct seven major railway, road and water transportation arteries in an attempt to ease the strain on its transportation system, the official Xinhua news agency said. Harbours and ports for a north-south marine shipping thoroughfare will be built from Dalian in north-east
      AP  -  199 words
    • 369 4  -  By LOH HUI YIN PAPUA NEW GUINEA'S geographical distance from Southeast Asia and its border problems with Irian Jaya, which is part of Indonesia, may become political hurdles to its intention of Joining Asean. This analysis was made by the August issue of
      369 words
    • 64 4 THIS IS A PROTOTYPE of what Sanyo Electric Co claims to be the world's first amorphous solar-cell-driven motor vehicle. The company, a top Japanese solar cell maker, last week unveiled the 2.1-metre-long vehicle, which is capable of a maximum speed of 24 kph. The car can
      64 words
    • 207 4 Reuter THE EXIT .FT) leader of a rebel Muslim group in the Philippines has said he is ready to meet the government of President Corazon Aquino (or peace talks. A joint statement by Hashim Salamat Hashim, the chairman of the Moro Islamic Liberation
      Reuter  -  207 words
    • 139 4 AFP INDONESIANS who incurred foreign currency debts on the day of the 31 per cent devaluation of the rupiah against the dollar on Sep 12 can file tax-de-ductible "losses" on the increase of their debt value. The directorate-general of taxes, according to a document of
      AFP  -  139 words
    • 171 4 JAPAN has given a cold shoulder to pleas from Asean countries to lower interest rates on yen credits—a stand that could invite pressure from these countries for a more diversified loan-extension formula towards developing countries, observers said. The Asean countries' demand
      171 words
    • 230 4 TOP BUSINESS and government leaders from Asean will be speaking on the making of an Asean common market at a two-day conference in Malaysia starting on Oct 30. The conference, organised by the Malay Chamber of Commerce and Industry Malaysia (MCCIM) and
      230 words
    • 707 4 ARRIVALS Operator Servicc Locd time From MAS RfiA OA StA SWR SIA THAI SIA sv MAS GIA SIA MH603 BM21 GA960 SQ105 SRI 62 SO 201 TG403 SQ191 SV399 MH682 GA940 SQ107 1020 1030 1100 1105 1105 1145 1155 1155 1200 1230 1235 1250 KUL BWN CGK
      707 words
  • Page 4 Advertisements
    • 187 4 THE I N s i r o R E The most breathtaking views in Asia, from the Westin Stamford, the tallest hotel in the worl< Plus the widest selection of restaurants anywhere in Singapore. Six superb tennis courts and four air-conditioned squash courts. Two swimming pools, plus a comprehensive health
      187 words
    • 62 4 fI 1| \1 \J\ Ifl 1/ The business person's choice, every f II I II 1 Tuesday, Thursday, Saturday and I I f 1 fI II I Sunday. Leaving Changi Airport at I 1 JL 22:00 hours and arriving at Lester B. Pearson International Airport the following morning at 12:00.
      62 words

  • REST OF THE WORLD
    • 373 5 Reuter NEARLY THREE YEARS of tough negotiations ended yesterday when diplomats at the Stockholm disarmament talks approved the first major EastWest arms control agreement in seven years. The closing ceremony of the conference, delayed three days owing to frantic last-minute negotiations, started with a private
      Reuter  -  373 words
    • 134 5 Reuter THE USE of troops from Britain's elite Special Air Service (SAS) has been offered to France which has been hit by a wave of guerilla bombings, the Sunday Times newspaper reported last Sunday. British government officials declined comment on the report. The Sunday Times said
      Reuter  -  134 words
    • 276 5 Reuter SOUTH AFRICA, its economy bolstered by a rise in the price of gold, has largely shrugged off sanctions taken against it in the past week. Japan and the European Community (EC) each announced new measures to put pressure on Pretoria to end apartheid.
      Reuter  -  276 words
    • 293 5 Reuter BRITISH manufacturing output should pick up slowly in the remaining months of this year but interest rates must be brought lower to make its costs more competitive, the Confederation of British Industry has said. "Our ability to create new
      Reuter  -  293 words
    • 314 5 NYT t MILLIONS of dollars spent 4 to help African farmers *buy tractors appear to have been wasted and the farmers would have been better off ploughing their fields with mules and oxen, a team of World Bank economists has concluded. A common notion among
      NYT  -  314 words
    • 665 5 More leeway for loans tied to reforms Reuter WORLD BANK LENDING could rise to between US$l3.5 billion and US$l7 billion in the fiscal year ending June next year, depending on the increase in levels of lending for medium-term economic reforms. World Bank officials
      Reuter  -  665 words
  • Page 5 Advertisements
    • 124 5 Executive Buffet Lunch by the Seaside Only 9 mins from Shenton Way **4 {I 1* ISr 3S'/jS e p. m w S&J ar 9 «w Succulent Live Seafood Lunch Dinner Daily A fathomless array of aquatic delights fresh from the tank Exquisitely prepared and at prices so affordable Live Prawns
      124 words
    • 197 5 B• U E•S/S•W O R L T ft i flftf VYi ;7 •i--m j <a 1 i c to 1 'v: B «L'-V .i IS V > mi Wm 8 1 Wiwlw ms f ,v n Sis 38 '.T >v. 'A a BP3 v> '•vy', Kfi vi N i r.,»,
      197 words
  • Page 5 Miscellaneous
    • 65 5 Doonesbury REVEREND, IN THE RAGT, YOU H/NE ADWCATEPTHE KJLUN6 OF6APHAH, THBBAW/N6OF HAUOtmi.ANDfVR6MN6THB NATIONAL DEBTEVERY 50 ,V iUHfffS YOUR REACTION UJELL, TO TUB WIDESPREAD ICSRSNICKERJNG IN TUB TAINLY PRESS OVERTHESE PRO- PONT POSALS* BLAME THERBI PORTERS. Efe m w. K a BY GARRY TRUDEAU MOSTREPORJERSAPESMPU DOING THE/RJOBS. 17$ THEJft SECULAR HUMANIST
      65 words

  • BANKING AND FINANCE
    • 553 6 Bernama BANKS IN MALAYSIA should be allowed to engage in a much wider range of financial services, including participation in equity financing to accelerate the pace of industrial development, said an economist. Although one-stop financial centres may still be a far cry for
      Bernama  -  553 words
    • 604 6  - The worst is over for Aussie say dealers Currency at highest level in nearly a month By FLORENCE CHONG IS THE AUSTRALIAN DOLLAR recovering from its worse run ever at long last? This is the tantalising question facing the money market. Encouraged by the steadiness of the dollar on the
      604 words
    • 265 6 LENDING and deposit rates of Singapore banks are poised to dip further with an announcement yesterday by the United Overseas Bank that it has trimmed its prime rate by a quarter point to 5.75 per cent. This is the second time in 10
      265 words
    • 139 6 CHASE MANHATTAN Bank yesterday became the Republic's sixth Visa card issuer with the launch of its Premier Visa. Mr Danny Chua, the manager of Chase's credit card centre, said cardholders would not be given a pre-set spending limit. The bank also has
      139 words
    • 158 6 AFP MEXICO HAS decided to request commercial banks of Japan, the United States, European nations and other countries to reschedule its debt payment totalling U5552.5 billion, a newspaper in Tokyo reported yesterday. The financial daily Nihon Keizai Shimbun (Nikkei) said the request to Japanese banks,
      AFP  -  158 words
  • MONEY AND EXCHANGES
    • 736 6 SINGAPORE: The US dollar closed firmer yesterday against most major currencies but below the day's highs, after a day of active and nervous trading. The dollar closed firmer at 2.0320/30 marks compared with New York's 1.9660/70 last Friday close, but below its high of 2.0490. The dollar ended
      736 words
    • 225 6 Interbank rates at 3pm yesterday: Local dollar* to Md Offer c roaa portly chmQt OHO Mflit o4 currency US dolor 2.1725 2.1735 2 8196 -22 95 Starling pound 3.1881 3.1917 7 3469 -56 61 Australion dolor ***** 1 3649 3 4286 -6027 NZ dolor 1 0308 1.0334 *****
      225 words
    • 107 6 THE OVERNIGHT rate on the Singapore interbank money market closed at 1-7/8 per cent yesterday, down 5/8 point from last Friday. The one, two and threemonth term rates remained unchanged. S$ Interbank rates at 7pm yesterday: Offer Bid Overn*ht I 7/8 I 3/4 1-month 3 2 7/8 2-month
      107 words
    • Article, Illustration
      306 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday with trading in the afternoon quiet due to lack of interest. News that European Community central bankers had agreed to joint intervention to stop the US dollar's decline against the mark had little impact on the market. Period
      306 words
    • 287 6 HONGKONG: The metal closed firmer yesterday In fairly active trading, mainly on late overseas buying which triggered local short-covering. Dealers attributed buying interest to the fall in the US dollar following European selling, adding that sentiment on gold remained bullish on technical considerations. Bullion ended at U*****.00/442.00 an ounce
      287 words
    • 484 6 BA Futures DECEMBER Earsdsllar opened marginally unchanged yesterday from last Friday's closing level at 93.79 but edged up to 93.83 on rumours that the US might prop up the dollar in exchange for lower interest rates from major trading partners. However, Liffe session saw prices backing off slightly in
      BA Futures  -  484 words
  • Page 6 Advertisements
    • 119 6 Where can you enjoy two meals for the price of one? Dry our NEW EXTENDED MENU at Meisan Incredible? But it's true! Each time you have lunch or dinner at Meisan, you stand the chance to win a FREE meal, valued at exactly the same amount as the previous one.
      119 words

  • WORLD BACKGROUND
    • 728 7 AP SUCCESSIVE French governments of the right and the left believed they had bought immunity from terrorism by being lenient with the terrorists. The tactic worked for years, but it is now backfiring with an unprecedented wave of bombings in the French capital. Eight people
      AP  -  728 words
    • 578 7 Reuter TOP US officials are so security conscious that surveys show nearly all of them even those in such fields as health and farming—use bodyguards. But aides to Reagan Administration Cabinet officers said this special protection had been the fashion for years in most cases
      Reuter  -  578 words
    • 592 7 AP THE LATIN AMERICAN debt crisis is prodding even the nations that protect local business the most to open their doors to direct foreign investment. The Andean Pact, a group of five Latin American nations which 10 years ago virtually closed
      AP  -  592 words
    • 662 7 US dollar has fallen but trade deficit widening AP ONE YEAR AGO, the finance ministers of the world's five major non-communist nations met in the exclusive Plaza Hotel in New York City to do something about the overvalued US dollar. The Group of
      AP  -  662 words
  • Page 7 Advertisements
    • 79 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 from
      79 words

  • FEATURES
    • 498 8 SINGAPORE is today the second busiest port in the world. It has reached this position through steady growth and development, yet local industry sources are saying that shipping support services are underdeveloped when compared with other maritime centres such as London, Tokyo, Hongkong and Rotterdam. Support
      498 words
    • 1391 8  -  The Philippines declares to the world that "There's a new spirit in the air", a line celebrating the new political era under President Carazon Aquino and one, it is hoped, that will bring back the investors and the tourists. LOH HUI YIN interviewed
      Picture taken from Philippine Airlines' magazine 'Mabuhay'.  -  1,391 words
    • 274 8 Letter to the Editor Dear Sir, I have read with interest various letters and statements in the press with regard to the facilities available for assisting small exporters. I have a small private limited company engaged in import and 100% re-export to African markets.
      274 words
  • Page 8 Advertisements
    • 202 8 the real s. m TOP ...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
      202 words
  • Page 8 Miscellaneous
    • 679 8 woiWKWDiaB saDssatDaD 33 34 CRYPTIC PUZZLE ACROSS 3 Initially right in hand (5) 8 Aimed to break into TV, etc (5) 10 Like you ond me (5) 11 Frontiersmon? (3) 12 Not a major road north? (5) 13 Laughs when Giles takes a horse in! (7) 15 The view of
      679 words

  • SPORTS
    • 549 9 CTMSWN SMES SEOUL1986 Agencies NARITOSHI MATSUDA headed a Japanese double at the Asian Games yesterday when he won the men's 400 metres Individual medley in a new Asian Games record time of 4:27.99 seconds. The 20-year-old Asian record holder went neck and neck with
      Agencies  -  549 words
    • 479 9 SOUTH KOREAN marksmen ended China's total domination of the shooting events with victories in two team events on Monday, giving the host nation its first gold medals of the 10th Asian Games. Cha Young Chul, a 27-year-old member of the Korean army shooting
      479 words
    • 356 9 Reuter JOHN McENROE won his first tournament victory in almost a year on Sunday by beating Stefan Edberg of Sweden in the final of the U*****,000 Los Angeles Grand Prix tennis tournament. McEnroe, seeded sixth and ranked 20th in the world, beat the top-seeded, fourth-ranked
      Reuter  -  356 words
    • 313 9 AFP WELSHMAN lan Woosnam ended his two-year run without a victory at the Belfry In Sutton Coldfield, England, on Sunday when he won the Lawrence Batley Tournament Players' Championship with ease. The 28-year-old, whose last success was in the 1984 Scandinavian Open,
      AFP  -  313 words
    • 445 9 The agony and... the ecstasy UPI NELSON PIQUET effectively ended fellow-Brazilian Ayrton Senna's quest for the world drivers' championship on Sunday, pushing his compatriot to the point where he ran out at fuel with less than a lap to go in the Portuguese Grand Prix in EstoriL Through more than
      UPI  -  445 words
  • Page 9 Advertisements
    • 59 9 m 7 7 i Z7 t u x L tC Ol ITR^ f!• t in i IJu 1 i A/<•.;;•?/</.'<;•»« < gilts' rtKxiol by J iifjjt'r l a- Ouiltna Automat ic nwnement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C
      59 words
  • Page 9 Miscellaneous
    • 1183 9 to m mm TUESDAY PREMIERE McmoriM N*vtr Die 10.30pm, Channel 5 Lindsay Wagner (left) plays Joanne Tilford, a woman who returns home after six years in a mental hospital, when her husband suffers a heart attack. Everyone, including her daughter, treats her like a stranger and it is only her
      1,183 words
    • 96 9 Play golf the Sevvy way MOST RROFCSSUONALS CAN HIT THE WCPGE A LOT FARTHER THAN THE CLUB GOLF** Bur that /s to be exaectep ssnce as a pro PLAY NEARLY EVERT PAY ANO ALSO MXGOLF/MO MUSCLES AXE STRONGER. Club players somet/mes ASK *E HO* THEY CAN GET MORE Pi STANCE
      96 words

  • INTERNATIONAL COMPANY NEWS
    • 472 10  -  By RAMESH CHANDIRAMANI THE SUITABLY dubbed Black Thursday crash on the New York Stock Exchange the previous week has put a big dent on the market's momentum, and it will take a while to repair. But, the fall is just
      472 words
    • 440 10  -  By RAY HEATH THOSE WHO believe that stockmarket men do not think like the rest of the world had the proof brought to them In Singapore last week. It came from Mr Stephen B Timbers, executive vice-presi-dent of the US Chemical Bank's Portfolio
      440 words
    • 246 10 Reuter THE BOARD of Kidder Peabody and Co Inc has approved the formation of a holding company, Kidder Peabody Group Inc, and set several management changes. The firm, which is 80 per cent owned by General Electric Co, said last Friday the changes
      Reuter  -  246 words
    • 484 10 FT THE RAPID internationalisation of securities trading has left the regulatory authorities for the world's main stock markets a long way behind events. Hence, the importance attached to a memorandum of understanding governing the exchange of regulatory Information between Britain and the US,
      FT  -  484 words
    • 303 10 FT THE BRITISH government's plans announced in the last budget to promote wider share ownership are likely to receive a cool reception when they come into effect in January, according to a Gallup poll published last Friday.
      FT  -  303 words
  • Page 10 Advertisements
    • 565 10 r> Wbere to wisae, ani entertain Pfs A great moment in history When some of the world's greatest composers Chopin, Mozart, Beethoven. Tchaikovsky and Strauss, come together for the first time in a concert. with a difference From September 15 to October 15, the Baron's Table proudly presents: conducted by
      565 words
    • 130 10 That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is free. > And every night at 8 pm except Sundays. VTB Wizard comes on with its dynamic brand of music and
      130 words

  • ASIAN STOCKS
    • 384 11 HONGKONG: Share prices closed sharply higher yesterday on bargain hunting by local and overseas investors after the market's recent retreat. The Hang Seng Index climbed 27.78 to 1,953.60 and the Hong Kong Index rose 18.24 to 1,230.79. The Hang Seng Index had retreated since its record 1,997.92 on Sep
      384 words
    • 252 11 SCP 22 Al Sncri Indus NT 1 59 23 30 -0 08 0 2 Kuochan Dev Let Chang Yuen Chem Indus 19 90 30 60 11 05 0 1 0 8 02 31 40 0 1 33 40 02 Chang Hwa Bank Cheng Loong 38 50 25 40 22.60
      252 words
    • 436 11 TOKYO: Share prices advanced swiftly in speculative, small-lot trading yesterday, but many investors were sidelined ahead of a national holiday today. The market average climbed 182.85 points to 17,706.30 after gaining 45.10 on Friday. Turnover totalled 280 million shares against Friday's 480 million. The new in- dex went up
      436 words
    • 77 11 SIP 22 P«m Morsteei 0 016 0001 Acot« Mnrig Phi OvcrMOt 0017 0001 0002 +0 0006 003 PM«x B 041 Ap«x M r,n 9 0016 0 001 12 SO +1 Picop B PLOT 265 -Is 0 0014 tvKh San M<gu«< B 72 +2 0006 ***** Seafront 001 unch B«ngu*«
      77 words
    • 391 11 SYDNEY: Share markets maintained their bullish trend and closed stronger in brisk trading yesterday following sharp rises in precious metal prices, brokers said. Gold stocks dominated trading with bullion reaching a four-year high of around US$436 an ounce. Most leading issues posted record or near-record highs. At the close,
      391 words
    • 113 11 SEP 22 CM Sugar Wh 1902 -43 Kangwon Ind 1030 1935 -20 Do«tm kr*j 598 33 Dotwoo Corp Doawoo Haavy 1130 1385 -46 \rtch Kotm Long Term Lucky Ltd 1440 1608 -30 -32 Daahn Securities Dong Ah Phar Dong Suh Stock Dongbu St««4 2561 MO 1450 1685 -60 -10
      113 words
    • 142 11 Reuter BANGKOK: The Securities Exchange of Thailand Index edged up 0.83 to 160.55. Turnover totalled 442,745 shares valued at 82.6 million baht.— Reuter sir 22 Ao Kha<n Thai •afcts Sram Camant iam C>tuans Skxti Otaans 717 SUSP mh As«o F*x« Ayudhyo kivntfnant Bangkok Aground Bangkok Bonk 35 217 135
      Reuter  -  142 words
    • 53 11 Reuter STATE-OWNED Unit Trust of India has floated its master shares to help individual Indians invest in the country's stock markets. UTI will buy on behalf of investors a basket of shares of growing companies. Minimum investment in the 10-rupee par value master shares will be
      Reuter  -  53 words
    • 375 11 Reuter HUTCHISON WHAMPOA LTD and an associate have acquired a 4.99 per cent interest in Pearson PLC of Britain and Hutchison is discussing ways to increase its investment substantially. It said yesterday that a takeover is not intended at this time but
      Reuter  -  375 words
    • 284 11 Reuter THE INDIAN government has named two of the country's bestknown industrialists to bead its foreign and domestic airlines 10 months ahead of their scheduled merger, said an aviation official late last week. Ratan Naval Tata, 49, has been appointed the chairman of Air
      Reuter  -  284 words
    • 163 11 AFP THREE JAPANESE and one American companies have set up a Joint venture to carry out a feasibility study for a new satellite telecommunications service in Japan, said a spokesman of the new company last week. The Tokyo-based company, named Japan Satellite Communications Network
      AFP  -  163 words
  • Page 11 Advertisements
    • 598 11 am M m Wtee to wlae, diae aai eaisrtala ir.S> Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado, Sate (Satay), spicy Rendangs. Ayam Goreng, Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The
      598 words
    • 127 11 I Food aßoom Package Deluxe Single/ double occupancy Transit Special IMHIhiMM I StMlawMlabrMkfromyourrtMvy In* T« miMt. TMMB acf>«>uf or(u«t— hupantir»tm mini« n,u *> ttw cool 0» our tuxurtoua room. 19 CwnM Coda Singapore 0922 Tat 734M22 Ta»e» RS ***** Anwla fraa partung Car WHO anailaMa I STS im m Vv>
      127 words

  • RAW MATERIALS
    • 524 12 AP NEW FARMING technology and government subsidies are causing countries around the world to grow more oilseed crops, creating a huge surplus, according to a US official. "There is no question that the world (arm surplus is spreading to oilseeds," said Dennis Avery, a State Department
      AP  -  524 words
    • 403 12 Reuter SRI LANKA, facing new competition from abroad, has taken a bold step with its plans to raise output of CTC (cut torn and curled) tea but will continue producing quality teas, government and private sector officials said. The government announced plans four
      Reuter  -  403 words
    • 131 12 AFP THE EUROPEAN Community (EC) once again "faces the problem of disposing of a substantial surplus" of sugar production in the current 1986-87 season, influential London traders C Czarnikow warn in their latest market review. Total EC production is now forecast at 13,115,000 tonnes,
      AFP  -  131 words
    • 306 12 Reuter WORLD PRODUCTION of the 17 major fats and oils is likely to rise to 79.09 million tonnes by 1990 from 67.9 million in 1985 and 29.03 million in 1960, the Hamburg-based newsletter Oil World said. The publication's editor, Siegfried Mielke,
      Reuter  -  306 words
    • 93 12 Reuter IRELAND has introduced new incentives aimed at boosting offshore oil exploration at a time of flagging oil prices. Energy Minister Dick Spring last week announced new exploration credits and a profit-based participation scheme for oil companies based on a scheme introduced by Australia. Mr Spring said
      Reuter  -  93 words
    • 279 12 AP ASIAN COUNTRIES will harvest about 787 million tons of cereals in 1906, up 4 per cent over last year, the United Nations Food and Agriculture Organisation projects in its September food outlook report. While rice production will depend on the course of
      AP  -  279 words
    • 87 12 OIL PRODUCTS THE ASIAN petroleum products market was quiet yesterday. Fuel oil prices fell after late trade last Friday while naphtha rallied on firmer Japanese buying interest. Gasoil and kerosene were stable. Closing prices for crude (fob origin) US$/borrd Chang* Dubai (Oct) 12.95 +0.40 WT1, West T«xos Intermediate, (Oct) 14.45
      87 words
    • 150 12 Chinese Produce Robusta 20/25% FOB NSW 625 00 Exchange Setters' noon dosing p» KM ON Nutmeg Sept 22 (SV100 kg). 110 FOB NSW 1405.00 Coconut oil BWP FOB NSW 1289 00 Be*. FOB 40 00 Gombier OW drum FOB 5300 FOB NSW 330.00 New drum FOB 57 00
      150 words
    • 192 12 MALAYSIAN crude palm oil prices closed higher yesterday on covering and renewed buying interest, extending last Friday's rises in line with the firmness in palm oil futures. A sharply higher Chicago soyoil futures close last week boosted sentiment. September deliveries in the south region firmed M 517.50 to
      192 words
    • 88 12 THE PRICE sf tia sa the Kuta Lamper Ha Market raae wvea coats to Msl4.2f per kg yesterday, maialy ea Japaaese baylag aad toeal »"gDealers said Earepeaa traders were ahseat alter Mag active la the market last week. The leeal market remalaed at parity with Earepeaa spet level.
      88 words
    • 66 12 Bangkok (US$/t0MM, FOf) White Rice 100« 1st doss 255 100% 2nd doss 220 100% 3rd dots 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A-l Super 128 A-l Speool 125 C-l Special unq C-l Ord unq Loonzain Rice 100% Ik grade una
      66 words
    • 468 12 COFFEE Robusta futures continued firmer at yesterday's midday call, trading between £9 and £13 higher than last Friday in the absence of fresh market-moving news. The market had earlier seen some active, mixed business, with selling by trade houses absorbed by commission house buying. SUGAR Raw futures were
      468 words
    • 353 12 SINGAPORE The market closed firmer yesterday with October One RSS buyers quoted at ***** cents a kg, up 3.75 cents from last Friday's close. The morning session recorded a rise of 2.50 cents on short-covering interest of nearby positions in light trading. Prices advanced further in quiet afternoon trading
      353 words
    • 301 12 RAS prices s ««wk 4 fob t» NOON Urn S««wi Int 1 RSS Prompt 193.50 194 50N Int 1 RSS Oct 86 193 50 194.50 kit 1 RSS Nov 86 194.00 195.00 Int 2 RSS OP 185 00 187 00N Int 3 RSS OP 183 00 185
      301 words
    • 98 12 (caftH/kg, 1-to«i P^>OCT86 NOV 86 (current month) (forward month) NOON NOON RAS Buyri StMofs fr u y <ri C —H JViiVri SSR 20 170.00 172.00N 170 50 172.50N SSR 50 167.00 169.00N 167 50 I69.50N MRELB l«r*n idhw luff! Stllin SMR CV ***** 267 00N 266 00
      98 words
  • Page 12 Advertisements
    • 84 12 NOTICES harpers travel HARPERS TRAVEL fit HARPERS HOLIDAYS inform all clients, principals and business contacts that the company is providing its full range of travel services and can be contacted on the following telephone numbers: Harpers Travel Reservations 223-0755 223-5766 Harpers Holidays Reservations Manager Operations Services Deputy General Mgr General
      84 words

  • SHARE INFORMATION
    • 4229 13 SELLERS made their presence felt on the Singapore stock market yesterday as buyers withheld from making fresh commitments in view of lingering uncertainties on the news front. But, except for a few counters, there was no substantial selling pressure. Most share prices closed marginally
      4,229 words
    • 239 13 SINGAPORE RiM« Indi CM Sop 19 im 22 695.37 ***** oas 795 139 805 79 10 T Ciinili 8 8Th«mir **************** fTn 5 4 8TO8/OS 8T CAM -444 504 -6*31 -6724 Marco W« Com Mom 90, 211 178 3 4-3 8T08V ST Worth* -1*683 -22)98 816.92 810JO
      239 words
    • 3029 13 BID and otter prices nfflHaiiy I listed and hmln>— in and re- parted to the Stock Exchange o( Singapore yesterday with the j number of shares traded shown in brackets in Vols of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after
      3,029 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 559 14 PROPERTY GROUP Sri Hartamas Corporation Bhd (SHC) is proposing to finance its acquisition of a 235.5-hectare piece of land in Damansara Heights in Kuala Lumpur through bank borrowings totalling Ms9s million. This is made up of MsBo million for the cost of the
      559 words
    • 102 14 HONGKONG Hongkong Index Monday 1230.79 Friday closed Week ago 1221.96 Hong Song Index Monday 1953.60 Friday dosed Week ago 1942.34 All Industrials Monday 1906.8 Friday 1899.3 Week ago 1917.2 NEW YORK Dow Jones Friday 1762.51 Thursday 1774.18 Week ago 1758.72 TOKYO Nikkei Average Monday *****.30 Saturday closed Week
      102 words
    • 224 14 Monog«rs' prices MARA-Bumiputra for S«p 23 First B'putra 4 83 4 88 Second B'putra 4.44 4 49 Singapore Unit Trust The Commerce 0.90 0.97 The Savings Fund 0.79 0.85 S'pore Prog Fund 0.36 0.40* S'pore Sec Fund 0 60 0.65 S'pore Invest Fund 0.64 0.69 S'pore Equity Fund
      224 words
    • 1835 14 ROUS TRIMS Acma (1806)xd <BwH» (3006 3065) Alcom (646 655) (1) 68 (6) 66 (4) 65 AlSt (655) (1) 64 API (606 625) (10) 65 (4) 65* (I) 64 (3) 61 (1) 62 V* (1) 60 ASM (1356 ***** (4) 138(7) 137 (30) 134 (46)
      1,835 words
    • 440 14 FEDERAL Cakles, Wires ud Metal Maaafaetariag Berkad: 19th AGM at 5097, Mak Mandin Industrial Estate, Butterworth, on tomorrow at 9am. KAMPONG Laajat Tin Dredging Berkad: 58th AGM at the PNB Theatrette, 2nd Floor, Menara PNB, 201A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia, on Thursday, Sep 25, at
      440 words
    • 1019 14 FT BANK OF America, the San Francisco-based banking group, which until a few years ago was the biggest bank in the world, has been sliding downhill under the weight of rising loan losses for several years. But over the last
      FT  -  1,019 words
    • 480 14 INVESTORS kept a low profile on the Kuala Lumpur stock market yesterday and share prices lost ground in lethargic trading. Reports that the government has no plans to devalue the ringgit did little to stimulate market interest and investors preferred to observe rather than participate
      480 words
    • 544 15 w mm™ HOCK LOCK SIEW THE SHOWDOWN between debt-laden Promet Bhd and its 33 bankers has brought into sharp focus a proposed Malaysian government bill which seeks to give troubled Malaysian companies judicial protection from their creditors. Indeed, several bankers both here and in Malaysia
      HOCK LOCK SIEW  -  544 words
    • 412 15 THE LEGAL ACTION taken by a private Malaysian finance company to recover M 515.8 million from Peak Hua Industries Bhd has now been settled, according to Peak Hua's managing director Senator Kuan Peng Ching. Peak Hua announced in August that "certain financial institutions"
      412 words
    • 396 15 PAHANG INVESTMENTS confirmed that it has received a petition from a shareholder, Mr Peer Mohd Abdul Aleez, to wind up the company. It said in a reply to the KLSE that the matter is now in the hands of its legal advisers who are attending to and making
      396 words
    • LATEST RESULTS
      • 64 15 Group after-tax profit of M 54.67 million ($8.33 million) on a turnover of $24.81 million ($29.28 million) for the six months ended June 30, 1986. The poorer results were due to substantially lower selling prices of crude palm oil. Directors have declared an interim dividend of 2
        64 words
      • 57 15 After-tax loss of M 512.29 million (loss of $12.88 million) on a turnover of $25.37 million ($33.99 million) for the half year ended June 30, 1986. The company says the immediate outlook remains bleak and it does not expect any improvement for the second half
        57 words
    • 489 15  -  Nearly 13,000 investment accounts opened with approved banks By AMY CHEOK THE CPF APPROVED Investments Scheme, first introduced in May, is gaining acceptance among members with the board disclosing that a total of »4.7 million has so far been invested in trustee
      489 words
    • 550 15  -  By CHAN OI CHEE LEE KIM TAH Holdings whose shares came under heavy selling pressure yesterday has identified the 175.6 million Simei HDB Estate project which could give rise to a huge potential loss for the company. The company did not name the
      550 words
    • 297 15 KEPPEL CORPORATION LTD is seeking to expand its insurance business through a tie-up with a Netherlands-based insurance and financial group. The joint venture will involve Keppel selling 40 per cent of its wholly-owned subsidiary, Malayan Motor and General Underwriters (Pte)
      297 words
  • Page 14 Advertisements
    • 243 14 SHERIFF'S SALE MOTOR SHIP OR VESSEL "EDMONTON" (Admiralty in Rem No. 303 of 1986) PARTICULARS OF VESSEL Year Built Dimensions Classification Tonnage Propulsion Machinery Name of Vessel: "EDMONTON" Port of Registry: "Gibraltar" Type Single screw, bulk cargo vessel of all steel welded construction and having 4 cargo holds. Year Built
      243 words
    • 6 14 A MONTHLY JOURNAL OF SiNESS TRENDS
      6 words
    • 280 14 NOTICES IN THE MATTES OP THE COMPANIES ACT, CAP. IK AND IN THE MATTER OP SINGAPORE PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY At an Extraordinary General Meeting of the Company duly convened and held at 2 Flnlayson Green #13-11 Asia Insurance Building, Singapore 0104 on the 15th day of
      280 words
    • 313 14 KEN NGEE PTE LTD NOTICE or PINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 185, the final meeting of the company will be held at 190 Middle Road. #18-03 Fortune Centre, Singapore 0718 on 21st October 1986 at 2.30pm for the following
      313 words

  • Page 15 Advertisements
    • 40 15 Professor Michael A K Halliday Lee Kuan Yew Distinguished Visitor lectures on The language of school "subjects" At Lecture Theatre 13 KENT RIDGE CAMPUS Today, Tuesday, 23 September 1986 Time: 5.30 pm ADMISSION FREE ALL WELCOME Enquiries: *****03, *****22, *****16
      40 words
    • 133 15 W BARCLAYS Financial Forum for Expatriates MR BASIL BUSH, a Senior Manager of BARCLAYS BANK PLC, JERSEY will be in SINGAPORE f for the period 29th September to 2nd October 1986 inclusive. He will be accompanied by MR JOHN MUNDY, Assistant Director, of BARCLAYTRUST INTERNATIONAL LTD, JERSEY for the period
      133 words

  • 542 16  -  aeajMaa» By FOO CHOY PENG Chief Reporter IT WAS THE SINGER, not the song, which inspired the government to introduce changes which would define the rules on who may hold senior office in the Law Society, Parliament was told yesterday. The Government would
    542 words
  • 118 16 WRITTEN REPRESENTATIONS from the public on the Legal Profession (Amendment) Bill are invited by the Select Committee. Submissions may be made in Malay, Chinese, Tamil, or English and should be addressed to the Clerk of Parliament, Parliament House, Empress Place, Singapore 0617. The closing date for submissions
    118 words
  • 275 16 SUPPORTERS of the proposed changes to the controversial Legal Professional (Amendment) Bill should be prepared to stand up and be counted, a PAP Member of Parliament urged yesterday. If they did not, then only the voices of dissidents would be heard, warned Mr Ng Kah
    275 words
  • 359 16  -  By, JEFFREY TSANG INCHCAPE'S motoring subsidiaries Borneo Motors and Champion Motors will cut their staff by 10 per cent in a bid to stem losses caused by the greatly shrunken car market. Walking papers were sent out last week to about 10 executives from the
    359 words
  • 65 16 YEN KUM WAH, 45, a former branch manager of the Overseas Union Bank yesterday claimed trial to nine charges of criminal breach of trust involving a total of 11-83 million. Yen, who is now on bail of 1500,000, is alleged to have misappropriated the money between July
    65 words
  • 388 16  -  By DAVID GABRIEL Special Correspondent THE LAW Society yesterday passed a resolution calling on the Government to withdraw the Legal Profession (Amendment) Bill. The extraordinary general meeting lasted an hour and 35 minutes, with the resolution carried by 404 votes to two
    388 words
  • 288 16 THE RECKLESS USE of votes by small states has led to the present United Nations crisis, declared Foreign Minister S Dhanabalan at the 41st UN General Assembly session yesterday. Calling for a new "spirit of give and take", he urged small states to take
    288 words
  • 163 16 Reuter BRITAIN yesterday presented a new programme to fight unemployment across Europe, with special emphasis on encouraging small businesses, at an informal meeting of European Community employment ministers. British Employment Secretary Lord Young said at the beginning of two days of talks
    Reuter  -  163 words
  • 456 16 ABOUT 600 multinational companies conduct their regional businesses from bases in Singapore making the Republic the operational home for the biggest number of foreign conglomerates in the world, Canadian businessmen were told yesterday. Communications and Information Minister Dr Yeo Ning Hong said
    456 words
  • 88 16 Reuter COMEX GOLD FUTURES turned lower yesterday on profit-tak-ing of long positions from Friday's closing rally of US$lB.OO. The EC agreement to support the dollar also weighed on gold, analysts said. Gold for delivery in December was off US$l.OO at U*****.00 an ounce after running up
    Reuter  -  88 words
  • 63 16 Reuter WALL STREET stocks regained some poise yesterday following the tension associated with last Friday's triple expiration. Bargain hunting and support from the bond market, which gained on a rebound in the dollar's value, pushed stocks higher. The Dow Jones Industrials Average rose six points to 1769.
    Reuter  -  63 words
  • LATE FILE
    • 52 16 Reuter PRESIDENT REAGAN yesterday offered to sign an agreement with the Soviet Union delaying deployment of his "Star Wars" missile defence system for seven years and said that he was ready to consider an interim reduction in Super Power arsenals. He was addressing the UN
      Reuter  -  52 words
    • 39 16 Bernama MALAYSIA is confident of competing on world markets for its products in spite of Indonesia's decision to devalue its rupiah by 31 percent, Primary Industries Minister Datuk Dr Lim Keng Yaik said yesterday. Bernama
      Bernama  -  39 words
    • 41 16 Bernama ASIA AND PACIFIC industry and technology ministers began meeting in Bangkok yesterday to consider new industrialisation strategies for the region. The conference is organised by the Economic and Social Commission for Asia and the Pacific. Beraama
      Bernama  -  41 words
    • 60 16 AP AUSTRALIA could become an exporter of platinum following the discovery of huge reserves of the precious metal in Kakadu National Park. Senator Gareth Evans, Federal Resources and Energy Minister, said yesterday that exploratory geological tests had showed platinum reserves in excess of one million ounces,
      AP  -  60 words
    • 59 16 Reuter SURGING exports and interest earnings boosted Taiwan's foreign exchange reserves to a record US$37 billion yesterday, enough to cover imports for 18 months. A central bank official said that the reserves would grow by an average US$l billion a month till the end of
      Reuter  -  59 words
    • 54 16 AFP PHILIPPINE exporters have asked the government to declare a five-year moratorium on strikes. In a position paper submitted to Trade Minister Jose Concepcion, the government-registered Export Traders' Association said that a rash of strikes in local industries had made foreign buyers reluctant to do
      AFP  -  54 words
  • Page 16 Advertisements
    • 61 16 More reports, Pago 3 ft Enjoy exquisite Hong Kong style Dion Xin for breakfast and lunch Dally 7.30 am to 2.30pm at Charming Garden Restaurant, f Novotel Orchid Inn. 1$ Hunan Cuisine Restaurant Authentically prepared by Master Chef HO CHI-SHING from Hong Kong. 3 novoici orcraa m I)uneam Road Tel:
      61 words
    • 213 16 n= Complete 1 Circuit v at ENEX-ASIAB6® f _2l 25 October World Trade Centre 10am 6pm (Trade and Professionals only) This year, Asia's premier electrical/electronics show moves up yet another notch, offering you greater specialisation within a highly-specialised event. As a result, ENEX-ASIA '86 will feature: Electric-Asia 6th International exhibition
      213 words
  • Page 16 Miscellaneous
    • 36 16 V.i Report for 24 hours prior to 7.30pm on Sop 22 ot thu airport: Assoootod humidity Associatad humidity ..91 Hours of sunshine 8 .20 Romfoll in mtllimotrus troco Rainfall this month Rainy doys this month. 14
      36 words

  • SHIPPING TIMES
    • 129 17 PHILIPPINE government sources have confirmed moves to privatise the state-owned National Shipping Corporation of the Philippines (NSCP), the only Filipino liner operator in the trans-Pacific. The divestment move has already elicited several local and foreign inquiries, but the issue of national interest could be
      129 words
    • 445 17  -  By SHAHRIR ARIFF THE VOLUME of seaborne cargo passing through Singapore continued its upward trend, showing a 6.2 per cent increase for the first seven months of the year, compared with the same period last year. This was in spite of reduced tonnage handled
      445 words
    • 258 17 TOKYO-BASED Tokumaru Kaiun has become the latest Japanese shipping company to seek financial support from its banks, according to a report in Lloyd's List. The company owns or charters a fleet of about 46 vessels, including reefers, liquefied petroleum gas carriers, chemical
      258 words
    • 174 17 Reuter THE AUSTRALIAN Northbound Shipping Conference's freight rates and pre-shipment fees for wool exports from Australia to South Korea will rise by 5 per cent from Jan 1, 1987, the Australian Council of Wool Exporters said. The current additional charge
      Reuter  -  174 words
    • PORT SIDES
      • 103 17 Reuter THE Japan/India-Pakistan-Gulf/Japan Conference will raise its extra risk insurance surcharge, ERIS, to 2.5 per cent from 2 per cent on shipments to non-Iranian and non-Iraqi Gulf ports covered by the existing temporarily reduced commodity box rate and temporarily reduced less-than-container-loaded rate). It will also raise
        Reuter  -  103 words
    • 1282 18 FIRMER US Gulf grain bulker rates marked the close of business on the London shipping freights market on Friday as advances of up to 50 cents were noted on the major routes to the Continent and Japan. Continental paid the 25cents firmer figure of U5512.25 (fio) for the
      1,282 words
    • 656 18 A NEW INTERNATIONAL fire-fighting training complex was opened in Rotterdam recently. The Rotterdam International Safety Centre (RISC), featured in Holland's Export Magazine, offer courses tailored to the needs of seafarers, offshore workers, onshore industry personnel and fire brigade staffs from all over the world.
      656 words
    • 325 18 UPI THE FRENCH petroleum industry, worried by attacks on its tankers and a wave of bombings in Paris, asked the Defence Ministry to provide naval protection for its shipping in the Gulf. Jean-Louis Breuil-Jarrige, head of the Oil Workers Union, spoke on behalf of
      UPI  -  325 words
    • 705 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Alftrarts VII 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL IN 2/3 ASCL HI 1 Batt-Canada Line V* 4/5 Baft-Orient Line V* 4/5 Bank Line V 5 BBS 1 4/5
      705 words
    • 178 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
      178 words
    • 163 19 YANG MING Line will add two 1,919-TEU ships to its Far EastEurope service by the end of the year. A redeployment exercise will pull the two vessels out of the trans-Pacific service which in turn will receive two bigger
      163 words
    • 467 19 Kvaerner plans to buy 9 ships from P O/OSG ONE OF THE world's largest liquefied petroleum gas carrier fleets will be created following the disclosure that Kvaerner Industrier plans to acquire nine vessels from P A O/Overseas Shipholding Group (OSG) in a deal worth US$BO million. Kvaerner is already a
      467 words
    • 200 19 BRITISH seamen on the P A O gas carrier fleet have been advised to "sit in" in protest at the loss of jobs as a result of the sale of the company's ships to Norwegian interests. Only four of the nine vessels involved in
      200 words
    • 265 19 Reuter THE ADELAIDE Steamship Co, Adsteam, said it is confident of further growth in profitability in 1986/87 although the Australian economic outlook remains difficult. The group earlier reported a rise in equity-ac-counted net earnings to a record U*****.22 million in the year ended June 30 from
      Reuter  -  265 words
    • 131 19  -  Kingsley Wood A SURVEY of Australian farmers has revealed that more than 70 per cent of them would be ready to operate trains, trucks and work on wharves to keep exports flowing during strikes. The survey, by Sydney based Wilson Market Research, of
      131 words
    • 267 19 AFP SLOWER chartering activity led to a build-up of tonnage in several loading areas that brought pressure to bear on rates on the tanker market over the past week. The trend was particularly evident in the Gulf States area, where there were than 50 vessels available for cargoes
      AFP  -  267 words
    • 219 19 AP CHINA PLANS to construct seven major railway, road and water transportation arteries in an attempt to ease the strain on its transportation system, the official Xinhua News Agency said. Harbours and ports for a north-south marine shipping thoroughfare will be built from
      AP  -  219 words
    • 7486 24 B®BBDt3[LB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      7,486 words
    • 753 25 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL nrioveitient Voy dote/time Operator cargo schedule Location E Gentle Pegasus P Piyo Bbum Tanoh Air Jenwel Uni Handsome Indi Courier Neustadt Korrigan Jenlink Johore Br Thai Pailin Anson Vira Bhum Laust Maersk Nihon Maratha
      753 words
    • 1659 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (Si AB Shipping Boustead Shpg Agencies Afea Line Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg <S) Alfred C Toepter Oceanus Sh«ppjngAgencies (S) Multiport Sdn Bhd (PK) American
      1,659 words
    • 624 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Al Solma Ah Strength B'tang Beloit Konkar Nereus Koto Wongi Lihcng Mendozo Mudashon Porodisc Moon Sh'n Polestor Bmtong Sena Equator 3 Equator 4 Frances Bay Gold Stream Kota Benar New Gaioctica Peorl Star Str Venture Kll K29
      624 words
  • Page 17 Advertisements
    • 636 17 ll.imlHTs V >' t 'M I )k !< )M,u ■yu?w 1: OOCL Oveiqus CtUeimt Line STRAITS EUROPE EXPRESS SERVICE IMOBE SMPfK ACEMXS (Reg 2*2*4/ 00*) 200 Cantonment Road *1245 Soottpowt. Singapore 0201 Id *****11 TELEX NO RS ***** TENMWi/CFS 3200 218 TO 220 BOOKNGS 3200 234 TO 2% PESARA NM
      636 words
    • 65 17 mim A NEW INTERNATIONAL fire-fighting complex was opened in Rotterdam recently. Pmge II ONE OF THE world's largest liquefied petroleum gas carrier fleets will be created following the disclosure that Kvaerner Industrier plans to acquire nine vessels from P O/Overseos Shipholding Group (OSG). Page 111 Index to odvertisers II London
      65 words
    • 517 17 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE T TRANSIT APORE/HULL SINGAPORE/TILBURY SINGAPORE/FELIX 8T OWE SINGAPORE/SOUTHAMPTON SINGAPORE/DUBLIN niilif.TMilWKillW; 19 DAYS 19 DAYS 21 DAYS 21 DAYS 22 DAYS 'J.Vt Voy S" pore EXPORT
      517 words

  • Page 18 Advertisements
    • 361 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER n.Tirrrw i SirrS' lEmMEIII»E3M|ECTEgIgI 11.' ij i ■EgaiaTrrME3tii ipniiminMiiiEni MM |ronMIDCTim/ii» lr W IUTM t;'lW I ir^T*r^™r™i LCL Cargo tor USA Porto. IPorttond via Soattlo. MIDDLE EAST Full Container Service (A member of Oasis Consortium) IM.'-'.1.1t TRANS SIBERIAN SERVICE Weekly Container Service Tn<fr" r^Pf-"w""i
      361 words
    • 370 18 11 a tz* Supercarrier Service ARIBBEAN C. AMERICA zaS3 Ifcil Itaicapii caiki tm taria. (MJ). 1 Fraadaca. I UMM Aruba Caracao fUdietown St. Gaorfes Georgetown Hose C MOCK Paarta lam. San low Pi MM J»a«M» mk tm Of L tagtfei. OMi M PM»iba>t Pact at Span. Karaite. Kjopton St Mb.
      370 words

  • Page 19 Advertisements
    • 932 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok J H Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT:. B "haven R'dan 14/10 15/10 20/10 21/10 29/10 30/10 OS/11 07/11 13/11 14/11 IS/11 10/11 29/11 30/11 00/12 07/12 14/12 15/12 21/12 22/12 Abo Accepting Cargo For:
      932 words
    • 865 19 Franco Belgian Services Aj ir A t r, n, h *> r\ ilh 11. h .1 r h .i +li rn I in>COWTWP SOHCI TO CtftOff STOK PJIELAN6 l« Ham t'dav fStoore Km SOW 9AS H» 24 Sept (22 Sept) 13 Od 14 Oct 15 Od II Od U Oct
      865 words

  • Page 20 Advertisements
    • 264 20 V. U Hapag-Lloyd 1 10 CONTINENT UK EXPORTS ta atad mm m UK K CaalMaat. Mm acc Matna. Mwki, fcmtardam. Matt. I •Agent* SEGANI S«(apore *****66 K. Uanpw Bookinc *****7S P. Ketaf FreifM *****00 CFS CFS *****72 P«ur»f Ternwui *****33 *****25 *****8 *****1 *****7. *****2 *****3 INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION
      264 words
    • 542 20 ML INDIA STEAMSHIP EXPRESS FCL/LCL FORTNIGHTLY CONTAINER SERVICE TO CALCUTTA M.V. MDIMt COINER MM HALDIA CALCUTTA 24M/24M M.H/111l KM/Nli 17.11/(7.10 12.11/13.1 l 1111/IVII 21.i1/211l 21.11/21.11 21.i1/27.1l 27.i1/21.1l 1311/1311 •4.11/14.11 ll.il/11.1l 11.11/1211 1111/1111 SUBJ INDUCEMENT SHARIKAT TRANS-ORIENT SDN. BHD. SINGAPORE *****10, *****56/7 PORT KELANG: *****94/5 IRAQI LINE IRAQI ST IT I
      542 words
    • 400 20 H at Sun Hup Co (Pie) ltd TEL *****06 (20 Lines* TLX RS ***** RS ***** fc r \SI I KN CAR I INI K. I I I). STRAITS/ JAPAN/STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS Loadmf at appropriated Berth P4-P5 NOTE: ALSO CALLMG OTHER JAPAICSE PORTS. HONGKONG. TAIWAN
      400 words
    • 925 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST OUTBOUND INBOUND feeder rsi sgp Mono m lax EVER GUEST 25/9 OMECT 21/11 cm guist »/> WW apouo ever COUCH 1/1* no gentry 24/14 EVE* golden l/n paofic mm EVER GOMG 1/10 EWJ GUNT 4/11
      925 words

  • Page 21 Advertisements
    • 992 21 rinu iiitiijo, cjcpiriiiucr <u>, 1900 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 r FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT GOWA SINGA VESSEL SEA HAWK GOWA SEA VICTORY SEA HAWK SEA VICTORY SIN JKT SBY SIN HKG KAO *TCH KEE BUS *MUR *HTC YOK
      992 words
    • 1012 21 BEN LINE CONTAINERS COHTWQ SERVICE TO UK/CONT»CNT Cjr<kf«i Bj* Kit mo Mjru Ch»»i Bjt Bremen Fiprtss Benjton Mjiwifi Bj? City o< IMu|« FrwAtwt Fiprtis Cjrckfjn Bii STOW t KIANG h P«t 24/1 26/1 21/1 4/10 1/10 12/10 14 10 U/10 21/10 26/10 21/10 4/11 «/ll HAM B HA*N ROAM 1210
      1,012 words
    • 475 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE STORE BUM MOO A'DAB/fDRM HUM GANM BMWII 5-7/10 </12 J/12 11/12 14/12 VI6BB A VESSEL 2k-21/10 6/12 J/12 11/12 14/12 STOK BUM ADAM/IDAM BREMEN MA I
      475 words
    • 397 21 BOUSTEAD SHIPPING AGENCIES +MYITKYEE NAR 2 MANIAMYAMG *32W PA-AN VIOIN 2 MEKGUI V74N MYITKYEE NM V27CN m W2W PAGO VI4N I (MOWS FOR EUROPE) IV* BURMA FIVE STAR National Line) Loading for Rangoon P.Kdanj Penanf Bangkok 22/23 S*t 25/27 Sept 24/26 Sept 6/1 Oct 5/7 Oct l/U Oct 8/7 Oct
      397 words

  • Page 22 Advertisements
    • 1301 22 AECUADOR/PERU/CHILE ®A iV LINE KAWASAKI KISEN KAISHA. LTD: FEEDER *Sl whore broge w MOTHER *Sl IBM SPORE PKLG PNG SPORE KOBE GUAYAQUR. CAIIAO ARICA IQUQU Af AGASTA S ANTOFBO VALPARAISO 24 Sop 25 Sop 2t Sop 21 Sop 17 Oct Not IS Not If Not 17 Moo CENTRAL AMERICA/CARIBBEAN SEA
      1,301 words
    • 594 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Feeder PKctanc ESUCLIPPER V 7 30 Sept CALABAR m 16 Oct tsuamovs i no. Also Accepts Add bis Adel/Br-s MSHVA AMTMH MJH AIIB V.C-1 VBMJA KMIM V4SH tsnaffa *7 CMAMDOAS *21N 10. TWUU V2OH INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Www* PMani
      594 words
    • 704 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD W kjm Sfreel SMGAPORE 0104 m *****11 (II IK) STRAITS/PERSIAN GULF SERVICE: spo,. P MadfPenanf MUBI m«H fjtomto Karachi Po»u Bahrain 4/1 Od CHINA OCEAN SWUNG CO., PEKING THE PEOPLE'S REPUBLIC OF CMNA iiMtf iii iiy UWWM P.KLANG PCTANG DESTNATION ANLUJMNG to Port
      704 words
    • 442 22 INTRASEA (PTC) LTD 10 Anson Road 527 16 Inter national Piaza Singapore 0207 Tel *****1 1 (1 0 Lines) aroiAwainri BREAKBULK SERVICE TO EUROPE/UK NOROKAP *****19 Sp« P Kto| Lm*« tar--2/11 AAWTES/ROT/ANT/UK (AVON) Afwts: HIUSJI (PIE) ITO HOUK 22*511 K Lwpa MTMB 9TK CO SOU M 71M711 Pwa« HKTMK StVPWC
      442 words

  • Page 23 Advertisements
    • 765 23 Tinirriiiu iw, i«ruv NOL NEPTUNE ORIENT LINES LTD Agents S pare NEPTUNE AGENOES PTE LTD FE EU/MJST TPA/SU Te< Mo otfkt Ttmwal CfS BOOKMGS *****77 *****53 *****42 *****77 *****2? *****53 OR DOECT LBtt *****19 *****U Foi imii trafM mint pkm cal 2717M4 P Keianf NEPIME SON. BH> *****87/*****45/*****53/*****26 K Lunpw
      765 words
    • 380 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON SPORf AGINTS Nf PTum AGFNCKS PT[ lID Tel *****/7 7/***** ißooiinjs) 7777b10 ?21?0?? (Operations» 7777 M! ??09?84 (Terrranall 7707HQ ??0?M)4 (CFS) M« If Ml «U*NIS lUNAS SFIIA SON BHD Kl lei ?740b96 ?740b97 PK IH
      380 words
    • 608 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Smtapwe 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P. KELANG M/S SHARK AT NAH SOON SON BHD. IST AND 2ND FLOOR MESSRS HAI THONG SHPPMG
      608 words

  • Page 24 Advertisements
    • 310 24 REGIONAL CONTAINER LINES 1 TO BANGKOK (4 SAILINGS A WEEK) ».v J 3C3 SEA WAGON MYA BHUM SMGAPOKf Tuc/Ntd Thu/Fri 125-26/9 Sat/Sun 127-21/9 Sun 2S-2S/9 Tuc/Ntd 130-1/10 Thu/Fri 2-3/10 IPIM Ed EES! \Hi *\nmi *****E8ZH JqqeHl Ml BMCTgCHI PIT!!!— E!MIHC3IBgnMtot£MIB!BE SEA DRAGON Sat/Sm *****/10 1212/10 TO SOUTH THAILAND kV] mm
      310 words
  • Page 24 Miscellaneous
    • 143 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Wave height Cloudy Sky Svfaee winds are Indicated by arrows which fly with the wM One full circle
      143 words

  • Page 25 Advertisements
    • 133 25 MSC AGENCES K. LUMPUR P. KELAAG PENANG P. GUDANG J. BAHARU LEOSHP SPORE 242WM/*****56/*****45/*****93 *****11/4 TERMMAI *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22M65/2211H/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE to turn Fam FROM EUROPI Wl H" rrTTTWgiTHiiii ii^MEJEZULmLMEHriCEUI 11 II" BCI ii ',/"MrTnmir-—i 11 "iiv -mfttti mra rrT"!Twn BUM GSM ESI mui CHI TnrrrB
      133 words
    • 172 25 L 'NE INTERNATIONAL TO HONG KONG TFB VOY 122 TFS VOY 123 TO HAMBURG Eta Pan 27/0 3/10 TFS VOY G74 TO MELBOURNE. TFS VOY A 49 TFS VOY TO4 Eta Pan Eta Hbg 2S/9 24/10 SYDNEY Eta Eta Mai 25/9 24/10 Eta Rtfm 26/10 Eta Byd 20/10 Eta Pan
      172 words
    • 197 25 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) *****6. *****2 Scan Dutch tf TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT -SCANDINAVIA) FEEDER VESSEL P* Q I)*TSEILLES 4) HAMBURG 8) GOTHENBURG TO RED SEA-MEDITERRANEAN FEEDER VESSELi SINGAPORE JEDOAH
      197 words

  • Page 26 Advertisements
    • 182 26 ASIA WEST AFRICA CONTAINER SERVICE NHON3SO| 15/10 ROMA 017 ACCEPTING CARGO (LCL FCL) FOR: DAKAR, FREETOWN. MONROVIA, ABIDJAN, TEMA, LOME, LAGOS A DOUALA Smp.ipore Ap»»nt^ HAKKI SIMF DARHY SHIPPING Plf 110 lel S3SIOBB QrJC3 lEO SHIPPING AGENCIES PTE LTD TEL: *****29 (6 Lines) Th: RS ***** NEOSHP LCL SERVICE TO
      182 words
    • 246 26 sf K&S LINE JAPAN STRAITS SERVICE PUMOGE MOON PURL STM COR/U. STM TROHCAL MMW TAITO MMU HOSE! MMU Spare PKeUnj Pwaaj In Pt/K2l 24/9 */9 ki Pt/K2fl »/9 «/io i/io 10/ia 7/11 M/M 12/11 12/11 14/10 11/10 17/11 19/11 SANKYO LINE (S) PTE. LTD 143 Cecd Street x? 10 04
      246 words
    • 303 26 N v fC Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER j AFRICA'S NO t FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY. FRIDAY ADVERTISEMENT EAST AFRIJ AFRICA MARU PIKE BANK 26 Sept 5 Oct WEST AFRICA KRITI GOLD 16 Oct HIMALAYA MARU 14 Oct Rmks: Subject Inducement. Port Louis, Reunion Mombasa. Daressalam. Tanga
      303 words