The Business Times, 14 October 1986
1986-10-14
1
26
https://www.nlb.gov.sg
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The Business Times
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Title Section13 1986-10-14 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, OCTOBER 14, 198 C 75 CENTS13 words
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Article, Illustration238 1986-10-14 1 SHARE PRICES on the Singapore stock market finished slightly higher yesterday in moderate trading although some investors took profits on stocks which had run up sharply last week. The Straits Times Industrial Index, up 4.45 points at noon, advanced 6.72 points to 894.03 at the close. The238 words
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Article, Illustration659 1986-10-14 1 HOMER CHEN - PETER THAU TRIAL Defence counsel to argue for reduced charges when hearing resumes tomorrow By HOMER CHEN FORMER PAN-ELECTRIC director, Peter Tham has admitted forging share certificates (amounting to 1.8 million Ambassador Holdings shares) but his lawyers will pursue a line of legal argument to659 words
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Article, Illustration361 1986-10-14 1 ALVIN TAY - By ALVIN TAY AN UNUSUAL advertisement pledging $9,000 of CPF balances 10 years from now in return for 15,000 cash today was placed in The Straits Times yesterday by a 45-year-old man. But the move is likely to raise the eyebrows of officials from361 words
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110 1986-10-14 1 AP CHINA'S economic development will mean a further strengthening of relations between China and other Asian countries. Senior Chinese leader Deng Xiaoping, in a meeting with former Australian prime minister Gough Whitlam, said yesterday that China's open-door policy certainly applied to Asia. HeAP - 110 words
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463 1986-10-14 1 MANO SABNANI - By MANO SABNANI PRIME MINISTER Lee Kuan Yew's latest visit to Japan, which begins today, is expected to strengthen the close relations between the two countries. Reflecting the strategy seen during Mr Lee's recent trips, the object will not be to463 words
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299 1986-10-14 1 MOVES to bring together Taiwan and China would have the support of Prime Minister Lee Kuan Yew, he told Japanese reporters in Singapore yesterday. According to the Kyodo news agency, Mr Lee said before his departure on a week-long official visit to Japan, that he299 words
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Article97 1986-10-14 1 AFP THE MALAYSIAN government said yesterday that it had no plans to devalue the ringgit because such a move could trigger runaway inflation. Deputy Finance Minister Ng Cheng Kiat told the Lower House of Parliament that a devaluation would do little to revive the Malaysian economy.AFP - 97 words
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332 1986-10-14 1 Reuter WESTERN bankers and diplomats have given a cautious welcome to China's new regulations aimed at attracting more foreign investment. The regulations, published during the weekend, offer joint ventures management autonomy, the right to hire and fire, protection against arbitary charges, quicker approvalReuter - 332 words
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Page 1 Advertisements
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Advertisement49 1986-10-14 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM CASUAL-CHIC For those who know high fashion MADE IN ITALY WfAIPtMA sok A«mt: High fashion casual wear miono J*k J. MA SPORT (S) PTE LTD T 748 4883 Tta: RS ***** SPORT Avmliable M: OG People s Park. OG EMe and OG Orchard49 words
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Advertisement248 1986-10-14 1 TV A RADIO OUR VIEW THE REYKJAVIK SUMMIT has failed. Given the fact that it was a summit (though it was originally billed a preparatory meeting for the real summit, to follow), this is bound to arouse consternation throughout the world. But all is not lost. What is required now248 words
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Advertisement55 1986-10-14 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM DuMdinfl on itrooj economic Um, Pago Shipping Tima« com— aa a aaparata taction today. Maka aura you gat your copy. Cartier x V~T ES m m r UkH <i <I (I mlVNtl lltl p. mu/f de (artier STEEL WATCH 18 CT'GOLD INLAY WATER RESISTANT.55 words
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Page 2 Advertisements
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Advertisement303 1986-10-14 2 You and your company are in business to an Account Manager assigned to your make money, and one thing is for certain, you business will help you develop a tailor made don't make money without taking risks. strategy that will cut the risks down to size, If your business means303 words
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HOME NEWS
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Article, Illustration356 1986-10-14 3 TIMES THE BOOKSHOP is opening three more outlets in December at a cost of $440,000 at OUB Centre, Marina Centre and Holland Village. It is also opening its first outlet in Brunei next March and two more in Selangor within the next one-and-a-half years. In356 words
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369 1986-10-14 3 JN A MOVE to Improve the image of consultants among smalland medium-sized companies, the Singapore Manufacturers' Association is holding a seminar to highlight their role. The two-day event will examke the role of consultants, what they can do for productivity, and the credibility369 words
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Article156 1986-10-14 3 AUSTRIAN manufacturers of textiles, garments and fashion accessories will hold their annual "Austria Style '87" within the Motexha Asia trade show from Nov 13 to 11. To be held at the Hyatt Regency Hotel, Motexha Asia is a textile and garment show for trade only. Austrian156 words
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301 1986-10-14 3 IN A BID to raise funds to improve its watchdog role, the Consumers Association of Singapore is proposing to double membership fees with effect from Nov 1 this year. In his letter to members, dated Oct 3, Case president Dr Lee Ngak Slang said301 words
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Article344 1986-10-14 3 THE HEAD of a rapidly growing Australian consulting firm is convinced that activity is picking up in Singapore's services sector. Martin Thomas, the chief executive of Access Technology Ltd, said the local operation has bids out for about $5 million worth of work, about 10 times344 words
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859 1986-10-14 3 LISA LEE - By LISA LEE FOR ALL THE TALK about construction being in the dumps, Singapore's top 20 building contractors actually increased their combined turnover last year, according to figures compiled by the Construction Industry Development Board. But this could be misleading in at least one859 words
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161 1986-10-14 3 A HANDY GUIDE listing who's who in the media and where to locate them has been published by the Ministry of Communications and Information. The 29-page booklet gives names of representatives and the addresses, telephone and telex numbers of all news organis-161 words
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Page 3 Advertisements
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Advertisement74 1986-10-14 3 JonesLang WOOttOD *****88 m INDUSTRIAL SPACE When you need to buy, sell or lease industrial space from a floor to an entire building come to the qualified specialists. Qr&U-'T&uiv i.l\|>! c. t mi rju i i Mihinphttscs gents' model by .larger h«* ("<»ultm Automat it movement with complete calendar. Available74 words
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Advertisement103 1986-10-14 3 If there is one thing that makes a Barker an ideal business gift, it's that it won't be obsolete next year. Or the next. Never. It's a gift that lasts a lifetime. One to be treasured for just as long. And we have made the art of giving the world's103 words
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ASIA-PACIFIC
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318 1986-10-14 4 MBT THE BANK of Thailand has admitted that monetary measures have failed to stimulate investment and urged the Government to take action to improve the situation, a senior central banker said. Dr Chaiyawat Wibulsawadi, director of the Bank of Thailand's economic research departmentMBT - 318 words
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Article123 1986-10-14 4 AFP THAI Interior Minister Prachuab Suntharangkul has lifted a ban on Muslim women wearing the traditional "burka" dress in government offices. Mr Prachuab gave his order on Friday to governors of four Islamic-dominated southern provinces after six Muslim members of parliament protested that the banAFP - 123 words
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212 1986-10-14 4 Reuter JAPAN yesterday reported a record monthly trade surplus of US$B.92 billion for September, and the trend suggests even greater surpluses to come. The nation's customs-cleared trade rose from US$7.4B billion in August and US$4.5B billion a year ago, due largely to the effectsReuter - 212 words
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Article376 1986-10-14 4 AP THE PHILIPPINE Defence Minister said yesterday that the government could no longer ignore the presence of armed, hostile groups throughout the country. Juan Ponce Enrile, who has frequently questioned the policies of President Coraxon Aquino, said the armed groups, including communist and IslaAP - 376 words
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406 1986-10-14 4 Reuter ARAB OFFICIALS started four days of talks in Kuwait yesterday on ways to reduce the Arab world's heavy reliance on food imports and develop its own resources to meet growing needs. The conference was described on Sunday by the Kuwait news agency Kuna as theReuter - 406 words
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Article148 1986-10-14 4 AFP HONGKONG'* current mini export boom Is likely to continue into 1987, thank» to sustained world economic growth. Economists with the Standard Chartered Bank predicted last week that although Hongkong's export growth was likely to slow down in the fourth quarter at 1986, theAFP - 148 words
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Article767 1986-10-14 4 ARRIVALS Operator Local tMM From SV MAS MAS MAS SIA AC CPA MAS RBA GIA SIA SWR SIA THAI SIA SV MAS GIA SIA SIA GIA SIA GIA SIA SIA GIA SIA SIA SIA THAI LUFT THAI KLM CPA GIA MAS MAS MAS SIA BA SIA SIA767 words
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Page 4 Advertisements
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Advertisement89 1986-10-14 4 THE BUSINESS CARD DINERS CLUB CORPORATE CARD Iv* o WHAT IT MEANS TO YOU: r« 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 mind89 words
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Advertisement53 1986-10-14 4 /I"I —X 4T T The business person's cho«ce, I J /I I 3 every Tuesday, Thursday, Saturday I I I I and Sunday. Leaving Changi Airport I 3\ JL V IjLJL VL at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel53 words
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REST OF THE WORLD
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387 1986-10-14 5 AP THE WORLD is being driven towards a new energy crisis by the refusal of Britain and some other independent oil-producing nations to help raise oil prices, according to Opec's president. Rilwanu Lukman of Nigeria, speaking to a business conference in Italy onAP - 387 words
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Article177 1986-10-14 5 AFP THE EUROPEAN Community posted a trade deficit of five billion European currency units (ECUs) over the first half of this year, roughly four times less than the shortfall recorded in the same period in 1965. The ECs statistics office in Brussels, Eurostat, saidAFP - 177 words
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205 1986-10-14 5 Reuter SOVIET industrial output grew by 5.6 per cent last month compared with September 1985, largely because of increased productivity tinder Kremlin leader Mikhail Gorbachev's drive (or efficiency. Tms News Agency reported on Sunday that productivity for the same period rose by 5.3 per centReuter - 205 words
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186 1986-10-14 5 Reuter THE INTERNATIONAL relief organisation Oxfam yesterday called on Western governments to ease the burden of faminestricken countries with large debts. The British-based group said that for every £1 donated for famine relief in 1965, Western banks took back £2 in debt repayments. "NoReuter - 186 words
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Article124 1986-10-14 5 AFP LEADERS of six "frontline" states of southern Africa ended a one-day summit in Maputo on Sunday with an appeal to the world to "take all nee t wry measures against South Africa to safeguard peace in the region". In a final communique, dubbed the "Maputo Declaration",AFP - 124 words
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286 1986-10-14 5 Reuter THE CUBAN government has decided that beer is Just as fssfnti»! as meat, beans, rice and mOk. The official newspaper Gnuuns said last week that Cuba had revised beer rationing to try to ensure everyone got a little of the highly praised local brew. Havana'sReuter - 286 words
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Article, Illustration496 1986-10-14 5 AP THE US Strategic Defence Initiative (SDI) proved to be an impassable obstacle at the superpower summit on Sunday, with Soviet leader Mikhail Gorbachev saying only a "madman" could have accepted US President Ronald Reagan's stance on research for a spacebased missile defenceAP - 496 words
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Page 5 Advertisements
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Advertisement77 1986-10-14 5 •*A s> fifi 4 Drink in the sounds of nostalgic yesteryears. Unwind to the nostalgic oldies of the (iO's 70 s in the luxurious setting of the Uollvwood East Club. ufeasp 111 r(i s riirTH^irTTTn mm* *ii»; r/;irs;* "y a** ft ?<*& ips From 4.30pm B.oopm every evening except Saturdays.77 words
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Advertisement83 1986-10-14 5 H11!U ihini/</( "InL/i /•> l<ih li/. .1 li SliiiLi i ><\//r. 1 luii \<ilh i, fuil />.//// think <'/./ titli'. "Ihj Jove, 1 have it... Measure for Measure vipvn mi _.M YiAir.oi n M (()< iltflllMi 'v<- tfJU&Mfra i I "J- '■< >!!), WUUwii- V-L- I J* fi '-frj. J--*83 words
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Advertisement0 1986-10-14 5 %/|,-"\,(?{<+<:?"*(~"]>!^\[})%%0 words
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Page 5 Miscellaneous
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Miscellaneous65 1986-10-14 5 Doonesbury THIS SILLY MAN IS MY OPPONENT* N §m 'fvbm u. I f IN THGVME OF NATIONAL cx&s.thosemhoseek PUBUC OFFICE HAVE A SPECIAL O&U6ATION TO setan m I n v (S it BY GARRY TRUDEAU ITHEREfURB CHALr awFK LENGE MY OPPONENT WHAT ON V MEET ME, HAM VENUE, TO CERTIFY65 words
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BANKING AND FINANCE
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Article, Illustration379 1986-10-14 6 Reuter WEST GERMAN central bank money stock Ls growing at a rate of nearly 10 per cent, the West German Finance Minister said. Speaking to journalists in Bonn after a meeting with Swedish Finance Minister KJell-Olof Feldt last Saturday, West German Finance MinisterReuter - 379 words
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368 1986-10-14 6 Reuter MEXICO and its leading bank creditors have launched a campaign to sell the country's US$77 hiiiwi Wimnrial package to nearly 500 banks worldwide even though the terms of the deal have yet to be finalised, bankers said. While some members of Mexico's bankReuter - 368 words
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93 1986-10-14 6 Reuter SALOMON BROTHERS expects an auction system for British government bonds evolving over the next two or three years. Christopher Dark, the sales manager for gilt edged securities, said last week that he saw this development as preceding any move by the BankReuter - 93 words
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Article218 1986-10-14 6 HONGKONG: Closed yesterday. TOKYO: Yen-denominated gold futures came under technical selling and closed 12 to 21 yen per gram lower in fairly active trading. Spot October was down 21 yen at 2,164 and August down 14 at 2,243. The international price of bullion was around 431.50/2.50 an ounce218 words
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Article62 1986-10-14 6 THE OVERNIGHT rate on the Singapore interbank market closed at 2 1/8 yesterday, down 11/8 point from last Friday. The one-month rate fell 1/16. The two- and three-month rates were unchanged. S$ Interbank rates at 7pm yesterday: OH* M r»ght 2 1/8 2 1-month 2 15/16 2 13/1662 words
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Article, Illustration349 1986-10-14 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Dealers said most operators were sidelined due to lack of interest. Yesterday's closure of the Hongkong and US markets also dampened activity. News that US-Soviet talks between Mr Reagan and Soviet leader Mikhail Gorbachev in349 words
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Article670 1986-10-14 6 SINGAPORE: The US dollar yesterday closed narrowly mixed against most major currencies, after fluctuating uncertainly in thin trading. It started on a weaker note but firmed in early afternoon trading on Asian short covering following speculation that European operators may buy dollars later on news that the US-Soviet670 words
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Article644 1986-10-14 6 U8 TREASUBY-BONDB yesterday opened sharply lower than the previous close at 96.00 and hit an intraday high o( 96.04 initially before slipping off to 96.17 on selling pressure after the higher-than-expec-ted PPI figure and con» cern over inflation. However, prices backed up on short covering towards the close with644 words
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Article193 1986-10-14 6 Interbank rates at 3pm yesterday: Local dollar! to M Oftar or om parity OHO HMt Of lOfOQB awqrUS dolor 2.1740 2.1750 2.8196 -22.90 Storing pound Austr abort dolor 3.1077 1 3837 3.1113 1 3865 7 3469 3 4286 -57 70 -59.64 NZ dolor 1.0913 1 0940 3 4286193 words
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Page 6 Advertisements
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Advertisement229 1986-10-14 6 bright ideas turn to stone through insufficient funding. At ECICS, we understand the problem. And we also appreciate a good idea when we see one. As one of Singapore's major financial institutions, we are able to offer you funding through our tie up with the SEB's small business finance scheme.229 words
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SPORTS
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Article, Illustration476 1986-10-14 7 WALTON MORAIS - Edberg and Sundstrom may follow Borg's lead to visit Singapore By WALTON MORAIS BJORN BORG'S visit to Singapore next month could be the forerunner to future visits by the Swedish superstar and compatriots Stefan Edberg and Hendrik Sundstrom. Scandinavian Airlines System, which is sponsoring the five-time476 words
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208 1986-10-14 7 AP TOP-SEEDED John McEnroe, playing what he called his best match in the U*****,000 WCT Scottsdale Open, beat thirdseeded Kevin Curren 6-3, 34, 6-2 on Sunday to win the singles championship in this first-ever event. The title was McEnroe's third in his last three NabiscoAP - 208 words
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Article, Illustration291 1986-10-14 7 AP JOHN KOLIUS and America II sailed to victory yesterday over Dennis Conner and Stars and Stripes in the America's Cup trials. The defeat knocked Conner out of the unbeaten ranks and moves America n even with the San Diego 12-metre boat. Both boatsAP - 291 words
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212 1986-10-14 7 Reuter JOSE-MARIA OLAZABAL insisted that he was still a long way behind Severiano Ballesteros after beating his boyhood hero by five strokes to win the Barcelona Open on Sunday. The 20-year-old rookie shot a last round five-under-par 67 forReuter - 212 words
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Article, Illustration388 1986-10-14 7 Reuter A JAMMED GEARBOX at the Mexican Grand Prix cost Britain's Nigel Manse 11 the chance of becoming world champion driver and set the stage for one of the most exciting championship finales in years. Although Sunday's race left the determined Briton ruminatingReuter - 388 words
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244 1986-10-14 7 AP MKE SCOTT pitched a threehitter in a record-setting performance, beating the New York Mets 3-1 on Sunday, as the Houston Astros evened the National League playoffs at two victories apiece. Alan Ashby, given a second chance when his foul pop-up wasn't caught, hitAP - 244 words
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Page 7 Advertisements
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Advertisement21 1986-10-14 7 FOR THE FIRST TIME WORLD RANKED PLAYERS FROM 14 COUNTRIES SINGAPORE WOMEN'S OPEN KALLANG TENNIS CENTRE OCTOBER 20-26 v.-' TICKETS AVAILABLE:21 words
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Page 7 Miscellaneous
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Miscellaneous1120 1986-10-14 7 to (md mm TUESDAY PREMIERE TtM Burning Bod 1030pm, Channel 5 Farrah Fawcett trades in her glamorous makeup for black and blue eye-shadow in this highly rated drama about a Michigan housewife who stands trial lin 1977 for killing her brutal ex-husband. This movie was the former Charlie's Angel's ticket1,120 words
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Miscellaneous31 1986-10-14 7 FEATURES GONVAON TO ALL GOOO SWINGS IS THE STARTING OOWN PLAVERS LACK OP TME GOOO SWINGERS, BECAUSE THEV RARELV ACHIEVE TUE Gc^aecT NNOVE/*ENT PR»OR TO STARTING THE C>OWN SWING Bristcw: FmnJtliLctes31 words
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FEATURES
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Article501 1986-10-14 8 THE PROBLEM with summits, especially those that fail, is that they are just that summits. Involving the most powerful people relevant to the issue, they contain aspirations and arouse hopes the world over that are king-sized. When they fail, the disappointment naturally becomes larger than501 words
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Article, Illustration1302 1986-10-14 8 MANO SABNANI, LOH HUI YIN - Premier Lee's visit to Japan likely to focus on free trade and investments It is not only the United States that is anxious that Japan's markets are more accessible to foreign goods. Singapore and the other developing countries have a similar concern and Prime Minister1,302 words
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Page 8 Advertisements
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Advertisement167 1986-10-14 8 /j ffli *3 m Other computer companies are still working on the concept of Total Systems Integration. To find the one that already makes it work, call Wang. WANG MAKES It Few companies make computers that are compatible with their competitors' products; some make computers that aren't even compatible with167 words
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Page 8 Miscellaneous
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Miscellaneous671 1986-10-14 8 CRYPTIC PUZZLE ACROSS 3 View of a little girl, at some stage (5) 8 Just the place to get plastered (5) 10 The bird Ida imitates (5) 11 Some Scottish bairn would use it (3) 12 Person of no fixed abode (5) 13 Means of keeping your cool, outwardly (7)671 words
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Page 9 Advertisements
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Advertisement208 1986-10-14 9 [USTRALIA'S BIGGEST BOOZE COMPANY I HAD A DRINK PROBLEM. PRIME PRESCRIBED THE CURE. We are not, needless to say, referring to insobriety in the ranks. For the Bond Corporation is an upstanding pillar of the Australian business community. Castlemaine Tooheys, in particular, has grown to dominate the beer market down208 words
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INTERNATIONAL COMPANY NEWS
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683 1986-10-14 10 Reuter FIRST INTERSTATE Bancorp's bid for Bank America Corp (BAC) is built on the belief that long-term gain will balance short-term pain and in 20 years, the two could emerge as the leading American bank. "We want to create the winner in 20 years.Reuter - 683 words
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Article, Illustration573 1986-10-14 10 Reuter JTHE SHAKE-UP of senior management at Bank America Corp, ywhich has brought former president AW Clausen back to the -helm after a five-year absence, }s just the first step in a long--haul back to profitability, banking analysts said. "The strategy is obviously toReuter - 573 words
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377 1986-10-14 10 Reuter A SUMITOMO BANK Ltd official has told the Federal Reserve Board that the Japanese bank expects its proposed investment in Goldman Sachs and Co to be highly profitable and will not seek to control the US investment banking firm. "This is a passiveReuter - 377 words
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198 1986-10-14 10 Reuter MOST LEADING US banks should report only moderate third-quarter earnings advances, with many relying on one-time gains to mask persistently high levels of bad loan provisions, banking analysts said. Individual bank performances will vary widely, but the money centre group as aReuter - 198 words
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168 1986-10-14 10 Reuter ROTHMANS INC has agreed to merge wholly-owned Rothmans of Pall Mall Ltd with Benson and Hedges (Canada) Inc, whol-ly-owned by Philip Morris Inc, subject to Canadian government review. Rothmans said it would hold 60 per cent of the shares ofReuter - 168 words
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Page 10 Advertisements
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Advertisement513 1986-10-14 10 8® •M Wmet to wiae, diae m<i nMcftaia p; m ir.2 the\ 'Manhattan Splendour' A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb513 words
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Advertisement131 1986-10-14 10 We earnestly suggest you take afternoon refuge in our $4, one price menu of 24 local and western favourites. All at hawker prices in air-conditioned comfort from 3pm to j=— 6pm daily. I R The minute you mf feel the rumbles, f head for shelter here. I (All prices subject131 words
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ASIAN STOCKS
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Article291 1986-10-14 11 OCT 13 MT AJ Smear* krxjut A no Camant Cattwy Cora Chang Hwo Bonk Chang Loong 1 57 25 90 34 60 39 00 28 00 0.02 +07 04 urtch 04 Om Hurt Camant Chin Hun Flour Chmo Cham dm Dav 25 20 1055 23 40 24 20 04291 words
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Article169 1986-10-14 11 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 2.92 to 171.38. Turnover totalled 1,462,754 valued at 263.10 million baht.— The Hongkong market was closod yesterday because of Chung Young Feetival OCT It •akt Ao Khom Thai Ato Ffera Ayudhro kiva*tmant I 157 185 ♦2 unch Bangkok Agro-bid BangkokReuter - 169 words
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Article511 1986-10-14 11 TOKYO: Shares prices yesterday tumbled broadly at the close in extremely thin trading as most buyers took to the sidelines in the wake of the failure of the US-Sovi-et talks in Iceland over the weekend, brokers said. The market average lost 311.50 to 17,338.73, after gaining 135.43 on Thursday.511 words
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Article90 1986-10-14 11 OCT 13 hta Acot« Miring Angto Phi Ap«x Mr*ng B Altai Con. 6 0 029 20 SO 0 003 unch 0.005 •***** Banc Patrotaum Banguct Con. B 001 116 unch -7 r bu n»i r? no^i Laponto B Morcoppar 6.30 0.14 -07 unch Onantd B I 0 029 +000190 words
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Article468 1986-10-14 11 BYDNEY: Australian sharemarkets posted modest rises after a late burst of support for industrial stocks overcame early heavy selling among gold issues, brokers said. They said strong demand for food, banking and media issues spilled over into the resources sector as bargain hunters helped gold stocks retrace early heavy468 words
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Article125 1986-10-14 11 OCT 19 WH Owl Sugar I860 -30 Hi +6 Doawoo Cap 1016 79 Daewoo Haavy 1310 -30 Oaahm Socuntm 2750 4-40 Dong Ah Phar 020 -3 Dong Suh Stock 1492 42 Dongbu StM* GoldStar 1642 1690 -3 -10 Hard Bar* 091 Hani Comanr 1150 uidi Hankuk Glau 1692 Hanyang125 words
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170 1986-10-14 11 Reuter CORNING GLASS WORKS of the US will set up a Joint venture with a company under China's Ministry of Electronics Industry. At the signing ceremony last Saturday, Corning chairman James Houghton said the two companies had an equal share in the venture, SinoReuter - 170 words
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257 1986-10-14 11 FT THE INDIAN government is likely to allow only Isuzu and Nissan from Japan to set up new car motor manufacturing joint ventures if a policy for the country's motor industry now being considered by ministers is approved by the Indian cabinet.FT - 257 words
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Article101 1986-10-14 11 UPI SOUTH KOREAN fastener manufacturers yesterday filed an anti-dumping auit against Yoshita Kogyo Kaisha (YKK), claiming that the Japanese company sells fasteners at prices far below their fair market value. The suit, filed with the Ministry of Finance in Seoul, covers all polyester, plastic andUPI - 101 words
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Article52 1986-10-14 11 Reuter CHINA has lifted its stake in its first Joint-venture bank, Xiamen International Bank, to 51 per cent from 40 per cent, leaving Panin Holdings Ltd of Hongkong with a 49 per cent interest. A Chinese newspaper said the change was made to improve the bank'sReuter - 52 words
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Page 11 Advertisements
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Advertisement171 1986-10-14 11 H «S T tiul* 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 other half is just being there.171 words
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Advertisement137 1986-10-14 11 -y a m 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. Ladles Night and no cover137 words
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Advertisement98 1986-10-14 11 bi Level 4 LADIES NIGHT NO COVER CHARGE Sunday to Wednesday r \V Watch some of Singapore's best looking men vie for the coveted title of Mr Personality 1986. Heats: Oct 8, 15, 22 29. Semi-Finals: Nov 5 12 Preview: Nov 21 Grand Final: Nov 2o 33® Excefjor Hotel 598 words
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Advertisement271 1986-10-14 11 Day Night The Price is Right The price i< ahj.\n'< right for a super/' thrcc-cour\e meal at TRADER VK's Just take a look.' TUESDAY Lunch $15+ WEDNESDAY Lunch $15+ tadar Vict Own Soup or with French Dressing Emjuce of B6d >V rp rnco uwcun Scallops in U9M lomato Sauce Coconut271 words
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Advertisement110 1986-10-14 11 V SSwA S» w Ni>" vk Ji Deluxe Single/ double occupancy InmsftSpedaJ H 535 IB CwiM C.rct« Singapore 0922 Tat *****22 Ta«a> RS 2«7*2 I SSS m a E§ .-1 8? m For only $280*, enjoy a splendid 10-course lunch or dinner with Cantonese specialities like Barbecued Suckling Pig and110 words
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RAW MATERIALS
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471 1986-10-14 12 Reuter PRICES for black pepper have recently risen to record highs, hitting US$5,OOO a tonne for spot Sarawak, compared with U554,625 a month ago and about US$2,OOO a year ago. London dealers said a firm market had prevailed for most of the year butReuter - 471 words
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360 1986-10-14 12 AFP FIVE London Metal Exchange (LME) broking firms have won arbitration awards totalling £23 million against the debt-ridden International Tin Council, met-al-trading sources in London said last week. The awards, agreed on by a panel of arbitrators, were not contested by theAFP - 360 words
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Article146 1986-10-14 12 UPI COLOMBIA, ONE of the world's top coffee exporters, has wspended sales of its coffee during October and November because its harvest is behind schedule, officials said last Jorge Cardenas, manager of the Colombian Coffee Federation, said the temporary suspension of exports was necessary because onlyUPI - 146 words
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Article73 1986-10-14 12 AFP INDONESIA and Japan have signed a US$7.5 million coal exploration cooperation agreement to establish the extent and quality of coal deposits in Riau and West Sumatra provinces, according to newspaper Suara Karya in Jakarta on Friday. Japan will spend some USH million annually onAFP - 73 words
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Article, Illustration467 1986-10-14 12 AFP WORLD cocoa production is forecast to exceed consumption for the third consecutive season in 1986-1967 (October-Septem-ber) by 62,000 tonnes, according to influential London traders Gill and Duffus in their first review of the current season. The traders forecast net work! production at 1.903AFP - 467 words
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Article78 1986-10-14 12 AFP WESTERN WORLD stocks of primary aluminium rose in August to their highest level since February reaching 1,996,000 tonnes compared with 1,906,000 tonnes the previous month and tonnes in August 1985. Stocks of aluminium in all forms, including scrap, rose to 3,766,000 tonnes from 3,731,000 in July,AFP - 78 words
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167 1986-10-14 12 UPI THE UNITED States may need an aggressive export subsidy programme to reach 1.15 billion bushels of wheat projected to be sold in the 1966-87 marketing year, an agriculture expert at the University of Illinois said last Friday. "Without purchases byUPI - 167 words
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Article89 1986-10-14 12 OIL PRODUCTS PRICES FOR MOST PRODUCTS in the Far East petroleum market firmed slightly yesterday. Trading was quiet as buyers and sellers awaited the outcome of the Opec meeting in Geneva. Closing prices for crude (fob origin) US$/barreJ Change Dubai (Nov) 13.65 -0.20 WTl, West Texas Intermediate, (Nov)' 14.90 -0.2089 words
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Article143 1986-10-14 12 Chinese Produce Exchange SiN#ft noon p* Oct 13 (S$/100 kg). ricw on Coconut oil Bufc FOB 40 00 CHd drum FOB 53.00 New drum FOB 57.00 Copra 19 buyers Mixed (loose) Popper Muntok Whit# FOB NLW 1405 00 Sarawak White FOB foq NLW 1390 00 Sarawak special143 words
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Article299 1986-10-14 12 BMQAPORE The market closed slightly higher yesterday with November One ESS buyers quoted at 192.00 cents per kik), up 0.50 cent from last Friday. The morning session ended 0.25 cent higher, after moving uncertainly on some buying interest and profit-taking in moderate trading. Dealers said prices improved slightly in299 words
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Article66 1986-10-14 12 Bangkok (US$/toMM. FOB) White Rice 100% Wt clou 255 100% 2nd clou 220 100% 3rd dou 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A-l Super 128 A-l Special 125 C-1 Spec** unq C-1 Od unq Loonzoin Rice 100% 1st grade una66 words
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Article492 1986-10-14 12 COFFEE Robusta futures continued to firm yesterday, and closed the midday call unchanged to £20 higher than last Friday. Bargain-hunting, short-covering after Friday's sell-off and good trade interest supported prices. Second position January closed at £2,194 a tonne, £14 up on Friday. Volume was 2,651 lots with 888492 words
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Article93 1986-10-14 12 THE PUCE OF UN ea the lull Lam par Ha Market (KLTM) yesterday me liitttf cent to etose at Mf14.1l per klto ea farther eeveriag to filet trading, dealers said. Ike market epeaed wttfc streag kayiag interest sa renewed detnaid mainly (real Japaa while laeal dealings were eeaflaed93 words
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Article195 1986-10-14 12 MALAYSIAN crude palm oil prices closed higher yesterday on covering and renewed speculative buying interest prompted by Pakistan's presence in the market. Dealers said that Pakistan is seeking RBD palm oil for first half December shipment, but no deal has been concluded. In the October position, north region195 words
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Article308 1986-10-14 12 RAS prices m S conto/kg. FOB m b at« NOON CLOSE Int 1 RSS Prompt ■nyn 191.50 192.50N 192.00 193.00N In* 1 RSS Nov 86 191.50 192.00 192.00 192.50 Int 1 RSS Doc 86 192.75 193.25 193 25 193.75 bit 2 RSS OP 188.50 190.50N 188 50308 words
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Article92 1986-10-14 12 (cwrtt/kg, 1-tm 86 DEC 86 (currant month) (forword month) NOON NOON RAS ScAtvs l wrar1 Wtttrs SSR 20 173.00 175.00N 174.00 I76.00N SSR 50 ***** 172.00N 171 00 173 00N MRELB B«yan f-t jviivrj Siim SMR CV 283 50 285 50N 284 50 286 SON SMR L92 words
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Page 12 Advertisements
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Advertisement260 1986-10-14 12 NOTICES THE COMPANIES ACT, CAP. UK SNACK PARADE (TRADING) PTE. LTD. (IN VOLUNTARY LIQUIDATION) 'J>>MH P.lj > iiTTM PASSED ON 7-19-M At an Extraordinary General Meeting of the Company held at SO Jalan Sultan #21-04, Singapore 0719 on Tuesday 7-10-86 at 10.00 am the following Special Resolution was passed: IT260 words
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Advertisement315 1986-10-14 12 iv't i: i < f.v«»ti; JTTi COMPANIES ACT, CAP. 18S DEPCO TRADING (PTE) LTD (la Vataitery 11^—> At an Extraordinary General Meeting of the members Of DEPCO TRADING (PTE) LTD duly convened and held at 304, Orchard Road, #02-91, Lucky Plaza, Singapore 0023 on the Bth day of October 1966,315 words
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Advertisement299 1986-10-14 12 Ivfc irl COMPANIES ACT, CAP. Itt AND GiLS. (PTE) UNITED (la Mwbwi' V«4uUr> LlqiMattM) Special ImMm At an Extraordinary General Meeting of the members of 0.5.8. (PTE) LIMITED duly convened and held at 4 Shenton Way #18-06 Shlng Kwan House, Singapore 0106 on 6th October 1986 the following Special Resolutions299 words
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Advertisement51 1986-10-14 12 OFF-SHORE LOAN Holder of Mandate with Letter of Authority to negotiate for an Australian Pty Co. seeking A$lBOM off-shore loan for Development Project in Australia; anxious to meet/discuss with interested genuine funder/rep. only. Please write on letterhead to: Mr G Ang No 6 Jalan Camar 6/2 C, 40,000 Shah Alain51 words
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SHARE INFORMATION
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Article, Illustration574 1986-10-14 13 IN SPITE OF mild bouts of profit-taking, share prices on the Singapore stock market closed higher in moderate trading yesterday. At the close, the Straits Times Industrial rose 6.72 points to 894.03 while the BT Composite Index advanced 8.60 points to 775.14. At574 words
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Article3638 1986-10-14 13 Qr*a Gr"« Not 19 M Loot Dbr Dhr YTd P/H Vol Doy High Low Company Solo or- C*VT ("000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 169 58 Acmo 151 2 4 ON 26 78 153 148 82* 48 Aicom 48 548 119 116 133 58 h Amd Steel 50« 1183,638 words
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Article253 1986-10-14 13 SINGAPORE Rises We Land 580 C Properties 480 Troctoo 258 Seefa. 7I W 380 WOt 246 45 30 29 24 22 22 21 20 20 18 25 -15 -10 -10 -6 -5 -5 -4 -4 Indices Oct 10 Oct 13 H Ca-FOif ***** 775 14 rUcM ***************2253 words
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Article4077 1986-10-14 13 BID and offer prices officially listed and business in and reported to the Stock Exchange at Singapore yesterday with the number at shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sti4,077 words
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Page 13 Advertisements
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Advertisement10 1986-10-14 13 KL market report, Business dons on ths KLSE, Psgs 1410 words
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COMPANY NEWS
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Article, Illustration684 1986-10-14 14 AFP A NEW DYNASTY is thriving on Hongkong's money scene as an emerging breed of ethnic Chinese tycoons overtakes fading British interests and old-time Chinese families. The success of two recent international corporate moves, involving the empires of Hongkong billionaires Sir Y KAFP - 684 words
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Article, Illustration462 1986-10-14 14 MBT DUNLOP Malaysian Industries (DMIB) is negotiating with Dunlop UK (or a direct technical aid agreement with Sumitomo of Japan. At the moment, DMIB has a technical aid agreement with Dunlop but since the latter has sold almost all its factories and technical centres,MBT - 462 words
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479 1986-10-14 14 MBT FOR THE first time in over 15 years, Pernas, as Perbadanan Nasional Bhd is usually known, has sunk into the red. It reported an after-tax loss of M 525.19 million for the year ended Jan 31 as against an after-tax profit of MMBT - 479 words
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429 1986-10-14 14 PROPERTY and plantation stocks shone in otherwise continued mixed trading on the Kuala Lumpur stock market yesterday. Gains were more prominent and were mostly double-digit and losses were mostly marginal. Property stocks attracted renewed interest and were chased higher amid fairly active trading.429 words
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Article2431 1986-10-14 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. NXBTRIALS Aon xd Aimomoto (3006 31 OS) Ale* Htda Alcorn2,431 words
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Article111 1986-10-14 14 HONGKONG All Industrials Hongkong lnd«x Monday dosed Friday 1434.63 Monday 2069.4 Friday 2053.2 Week ago 2027 9 Week ago 1316 24 NEW YORK Hong Song Index Monday dosed Friday 2279 52* Week ogo 2084 93 Dow Jones Friday 1793.17 Thursday 1796.82 Week ogo 1774 18 TOKYO Stondord Poors111 words
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Article310 1986-10-14 14 THE AYEB HITAM PLANTING SYNDICATE Berted: 75th AGM at 4th Floor, Bangunan Yee Seng, No.15, Jalan Raja Chulan, ***** Kuala Lumpur tomorrow at 3pm. BENTA PLANTATIONS Berhad: 64th AGM at Kasbah 3,4 and 5, 2nd Floor, Holiday Inn City Centre, Jalan Raja Laut, ***** Kuala Lumpur, tomorrow at310 words
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Article261 1986-10-14 14 Monogrj' pricas for Oct 14 Singapore Un IH MARA-Bumiputra lit Trust Frsf B'putra Second B'putra Third B'putra Fourth B'putra 4.97 5.02 4.54 4 59 349 3.54 The Commerce 0 91 0 98 4.01 4.06 The Sowtgs Fund 0 83 0.89 S'pof• Prog Fund 0.36 0.40* S'pore S*c Fund261 words
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Article970 1986-10-14 14 Currant Ei date Books dose Dote payable Total for the year Total for lost year A B N Amol Steel Asiotic Dev Aytr Hitom Rub BAT B M T B Rayo Bedford Bedford Benta Bousteod Bukit Katil Bukrt Kotil C 1 Holdings Corlsberg Chuon Hup Cold Storage Com970 words
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Article, Illustration339 1986-10-14 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN AFTER a seven-month suspension from the Stock Exchange of Singapore, trading in Sealion Hotels resumed yesterday at 10am amid plenty of interest. Suspended at 47 cents on March 10, the opening quotes yesterday ranged from 55 cents buyer to339 words
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256 1986-10-14 15 CHAN OI CHEE - By CHAN OI CHEE GEORGE KENT (Malaysia) Bbd, a member of the Johan Holdings group, has reported a sharp drop in profits at halftime and prospects do not look promising. Accordingly, shareholders are getting a lower interim dividend of 5 per cent against 7256 words
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543 1986-10-14 15 NAJEEB JARHOM - Hongkong-owned subsidiary will look after construction stage By NAJEEB JARHOM NOT LONG AFTER after setting its sights on Hongkong and China, specialist subcontractors LAM Group Investments has made a major breakthrough by bagging a joint venture contract to develop and operate a543 words
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Article, Illustration385 1986-10-14 15 ROTHMANS of Pall Mall (Malaysia) Bhd should maintain profits in 1987 at a satisfactory level, according to group chairman Tunku Tan Sri Mohamed bin Tunku Besar Burhanuddin. After making a cautious forecast for last year, Rothmans (M) went on to produce385 words
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460 1986-10-14 15 Reuter LEGISLATION for Bahrain's planned stock exchange is expected to be approved by the government before the end of the year. Fawzi Behzad, stock exchange adviser at Bahrain's Ministry of Commerce and Agriculture, said progress had been made on technical preparationReuter - 460 words
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Article278 1986-10-14 15 Reuter DUTCH stock analysts have radically revised previously optimistic 1986 earnings forecasts for NV Philips Gloielampenfabrieken, after the company said last week that thirdquarter figures, due on Nov 5, would be down from 1965. "If the third-quarter results are going to be down, then so willReuter - 278 words
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Article, Illustration164 1986-10-14 15 THE SEMBAWANG group of companies has launched a new group logo in keeping with its latest image as a rapidly diversifying mini-conglomerate whose activities now span engineering, construction, international salvage and towing besides its traditional businesses of shiprepairing, shipowning and management. But shiprepair will remain164 words
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Article287 1986-10-14 15 UNITED Overseas Land has told the SES that the difference of $481,000 stock units in the shareholding before and after the sale of UOL shares by United Industrial Corp arose from a typographical error in the shareholder's notification dated March 5, 1986, in which the figure $4,068 million287 words
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Article27 1986-10-14 15 Company RIGHTS ISSUE Company BONUS ISSUE FAJ Ins One-fof-ten Ex-date: Oct 7 Books dose: Oct 17 Matsushita One-for-ten Ex-dote: Oct 8 Books dose: Oct 1827 words
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Article260 1986-10-14 15 Company RIGHTS ISSUE A B N One-for-ten Bedford One-for-one fe $0 50 per shore Chuan Hup One-for-two fe SI 20 per share with TSR to subscribe 1 further share ot $1 60 exercisable any time within five years from the date of issue of the 50 2m new260 words
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Page 15 Advertisements
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Advertisement106 1986-10-14 15 WWUUUUUUUUUUUUUUUUUUAMXMAMAWW Korea Exchange Bank U.S. $30,000,000 Floating Rate Notes Due 1988 In accordance with the- provision«»of the \otes, noticel*» hereby given th-it the rate of interest tor the period **th October, to*fth April, NK7 has been fixed at 7 ti percent per annum and that the coupon aim Hint payable106 words
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Advertisement246 1986-10-14 15 IE ID HI Gl-818 OB ®EKHTBE The Fourth International Program "HUMAN RESOURCE MANAGEMENT IN ASIA" December 15 19, 1986 Singapore At a time when the human resource dimension is increasingly perceived in the Pacific Asia region as one of the critical elements of development and when economies are experiencing difficulties,246 words
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Article, Illustration388 1986-10-14 16 THIS YEAR'S total trade between Singapore and China could surpass last year's. This projection was made by First Deputy Prime Minister Goh Chok Tong last night. At a dinner held for a visiting Chinese leader at the Istana, Mr Goh said, based on the figure388 words
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502 1986-10-14 16 AMY BALAN - Stringent lending policy helped bank avoid bad loans By AMY BALAN AT A TIME when many foreign banks would be only too happy to break even, Chase Manhattan Bank has not only turned in a profit but improved it. Tbe American bank made a502 words
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Article580 1986-10-14 16 LUCY NG - HOTEL NEW tifQ&k world INQUIRY W ■y LUCY NG THE ISSUING of a Certificate of Fitness (CX)F) is not a guarantee that a building will stand a lifetime, the Development Building Control Division (D&BCD) told the Hotel New World Inquiry yesterday. Mr Tan Lien Seng,580 words
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Article408 1986-10-14 16 THE Development Building Control Division was yesterday charged by the Public Utilities Board with trying to hide its involvement in the collapse of Lian Yak Building. "If my learned friend sought some form of sanctuary in Regulation 167, then it does not exist," said Mr Joe408 words
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152 1986-10-14 16 AFP MINISTERS of the Organisation of Petroleum Exporting Countries yesterday remained deadlocked over oil production sharing, with Kuwait adamantly refusing an extension of Opec's current interim agreement unless it was awarded a larger slice of the total. The Kuwaiti government on Sunday threw itsAFP - 152 words
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162 1986-10-14 16 AFP BANGKOK and Washington have reached agreement on placing a US war reserve stockpile in Thailand. "Everything has been agreed upon, no problem at all," said Thai Foreign Minister Sithi Sawetasila in comments reported by the Foreign Ministry yesterday following his returnAFP - 162 words
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170 1986-10-14 16 Bernama ASIAN WALL STREET Journal correspondent Raphael Roy Pura, whose work permit was revoked by the Malaysian government recently, has applied for leave from the Kuala Lumpur High Court to quash the decision. Justice Datuk Harun Hashim will hear on Thursday the application, filedBernama - 170 words
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219 1986-10-14 16 Bernama THERE is need for more flexibility in Malaysia's industrial relations system, especially in matters affecting wages, the Malaysian Employers' Federation has said. In an editorial in the latest issue of its bulletin, The Malaysian Employer, the federation says that this is becauseBernama - 219 words
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80 1986-10-14 16 Reuter INDONESIAN Trade Minister Rachmat Saleh will visit the US later this week to promote food, textile and garment exports, according to an Indonesian Trade Ministry spokesman in Jakarta yesterday. Indonesia devalued the rupiah by 31 per cent last month to makeReuter - 80 words
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Article86 1986-10-14 16 Reuter COMEX SILVER FUTURES drifted up on mixed buying early yesterday, generated by the firmness in gold, but the rally failed under last Friday's highs. Silver for delivery in December gained 4.0 cents at U555,735 an ounce, stopping short of the pre-weekend high of U555.74. Analysts said supportReuter - 86 words
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Article69 1986-10-14 16 Reuter WALL STREET stocks turned mixed in light trading yesterday. Among the blue chips, IBM continued to rebound but the broader market was lower. Activity was slow due to the closure of banks and some companies for the Columbus Day holiday. The Dow Jones Industrial Average wasReuter - 69 words
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LATE FILE
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Article61 1986-10-14 16 AP TAIWAN and the US failed to agree on Taiwan's imports of US wine and cigarettes in negotiations in Washington last week. "We did not reach an agreement as expected earlier, but we are still looking (or a reasonable way to resolve our differences," Vincent Slew,AP - 61 words
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Article52 1986-10-14 16 Reuter PRESIDENT SUHARTO yesterday pressed Indonesia's candidature for leadership of the 101-member Non-Aligned Movement during wide-ranging talks with Indian Prime Minister Rajiv Gandhi, but failed to win his support. Mr Gandhi said that it was the turn of Latin America to hold the next summit meetingReuter - 52 words
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Article28 1986-10-14 16 Bernama THE MALAYSIAN government will not allow the setting up of private nnivvi iltka In the country, Education Minister Anwar Ibrahim told Parliament yiaHiday. BernamaBernama - 28 words
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66 1986-10-14 16 Reuter AFTER a day of touring China's capital, Queen Elizabeth was toasted at a royal banquet in Beijing last night where relations between Britain and China were said to be better than ever. Both the British and Chinese heads of state said that a newReuter - 66 words
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Article35 1986-10-14 16 AFP WHOLESALE prices in Britain rose 0.3 per cent in September against 0.2 per cent in August and 0.1 per cent in July, according to figures released yesterday. AFP vAFP - 35 words
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33 1986-10-14 16 Reuter AMERICAN Stanley Cohen and Italo-American Rita Le-vi-Montalcini yesterday won the 1»6 Nobel Prize (or Medicine. They shared the prize (or "their discoveries in growth (actors". ReuterReuter - 33 words
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Page 16 Advertisements
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Advertisement132 1986-10-14 16 For your immediate subscription to THE ASIAN WALL STREET JOURNAL Ring: *****13/*****04 Kelvin Han DAK MARKETING SERVICES PTE LTD (Authorised Subscription Agent) RESEARCH REPORT Series 1: LOCAL BANKS Singapore: SSSSA Overseas US$3O/- Financial Institutions in Singapore Local Banks: Five-Year Performance Review (Current up to June 1986) Performance analysis Ranking tables132 words
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Advertisement215 1986-10-14 16 Rabobank: your partner for business with the Netherlands. Rabobank Nederiand, with offices in Singapore, Hong Kong and Jakarta, provides a personal service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated Dutch co-operative banking institution with total assets of U.S. 48 billion. It ranks among the largest215 words
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Page 16 Miscellaneous
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Miscellaneous55 1986-10-14 16 Outlook: Showers over several oreas in the (ate morning and eorty afternoon. Rep. ort for 24 hours prior to 7.30pm on Oct 13 ot the airport: Maximum temperature 31.9 Associated humidity 60 Minimum temperature 24.6 Associated humidity 93 Hours of sunshine 4.05 Roinfall in millimatres nil Romfoll this month 120.655 words
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SHIPPING TIMES
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326 1986-10-14 17 Lloyd's List PRE-TAX LOSSES of Yama-shita-Shinnihon Steamship and Showa Line for the current financial year to March 1987 are likely to swell to Yen 35 billion and Yen 25 billion respectively. Both shipping companies are undertaking business reconstruction programmes including layoffs ofLloyd's List - 326 words
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Article352 1986-10-14 17 G DURAIRAJ - By G DURAIRAJ DET NORSKE VERITAS, one of the major classification societies, holds its annual Southeast Asia committee meeting in Jakarta today. The two-day meeting will discuss activities of Det Norkse Veritas in South-east Asia and also evaluate and comment on the quality and scope352 words
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188 1986-10-14 17 ZAIRE National Line has entered into an agreement to charter slots from Kawasaki Kisen Kaisha in the Far EastWest Africa service. The agreement, which will take effect next month, is likely to result in a change in the agency representation188 words
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PORTSIDES
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Article72 1986-10-14 17 Reuter A GREEK-OWNED TANKER, Freedom Ship I, was hit by a rocket south of Iran's Kharg Island oil terminal in the northern Gulf on Saturday night but suffered only light damage, a Greek Merchant Marine Ministry spokesman said. He said the 146,309 dwt vessel wasReuter - 72 words
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Article132 1986-10-14 17 AFP A DUTCH SHIP which sank off south India in 1721 is to be retrieved from the sea by Indian experts, the Press Trust of India (PTI) said on Sunday. The partly-damaged ship covered by silt was stumbled on some four months ago by fishermenAFP - 132 words
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Article98 1986-10-14 17 Reuter ASIA TERMINALS, a US/Hongkong joint venture controlling one of the British colony's main container terminals, said it will set up a packaging unit with American Polymers Industries Inc. The Asian Packaging Industries will occupy 25,000 sq ft of Asia Terminals's new freight station andReuter - 98 words
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Article116 1986-10-14 17 AFP JAPAN'S third largest shipbuilder plans to lay off about 3,000 employees as it seeks to turn a tide of losses, the Nihon Keizai reported. The financial daily said Hitachi Zosen Co had been hit by the rising yen and would soon start negotiationsAFP - 116 words
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Article1363 1986-10-14 18 MISCELLANEOUS fixing on the London shipping freights market on Friday, both voyage and time-char-ter, failed to provide any definite indication of market direction. Where comparison was possible, rates either held steady or edged slightly lower. Argentine grain reappeared when the Grain Board worked 20,000 tons of corn from1,363 words
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1120 1986-10-14 18 The recent dock strike on the US east coast has ended and bargaining has resumed. There are complex labour problems that have to be solved in an industry that has fallen on hard times. NYT BARGAINING has resumed after a 45-day extension endedNYT - 1,120 words
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373 1986-10-14 18 THE PORT of Longbeach celebrated its 75th year in service by posting record volumes for the fiscal year ended June 30. Cargo tonnage reached 57 million metric revenue tons, 7 per cent more than the figure for the previous period, which enabled it to record373 words
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Article698 1986-10-14 18 AB Shpg V 5 Accord Shpg VI 3 Afea Ljne VI 3 Alltrans VII 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL HI 1 Bolt-Conoda Line VII 4/5 Baft-Orient Lme VI 4/5 Bank Lme V 5i B8S N 4/5698 words
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Article175 1986-10-14 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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136 1986-10-14 19 THERE HAVE BEEN several shifts in the senior management of the Nedlloyd Group. Mr V L Paul Bijvoets has been appointed to the management of Damco International Transport, a wholly-owned subsidiary of Nedlloyd. His position as the trade director of the Pacific Basin based in136 words
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357 1986-10-14 19 Lloyd's List RIVAL SHIP design and equipment consortia from four powerful maritime nations have stepped up their efforts to capture contracts in Indonesia's US$3OO million coastal fleet renewal programme. British contenders for a share in the project which involves support for theLloyd's List - 357 words
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184 1986-10-14 19 NET FREIGHT EARNINGS by Norway's merchant fleet are expected to fall almost 10 per cent this year compared with 1965 to reach Just under Nor Kr9 billion (US$l.3 billion). Shrinking tonnage and falling US dollar/kroner exchange rate were the primary causes for the184 words
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312 1986-10-14 19 KINGSLEY WOOD - By KINGSLEY WOOD THE TRANSFIELD construction group has won As 63 million contract to build the next stage of the As2oo million Port Kembla grain terminal. When completed in late 1969, it will make Port Kembla one of the world's great grain ports312 words
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206 1986-10-14 19 AP A TAIWANESE trawler with 20 crewmen aboard sent a distress signal in a storm last Thursday and was still reported missing in the North Pacific Ocean off the Japanese island of Hokkaido, a Japanese Maritime Safety Agency official said. The MSA dispatched twoAP - 206 words
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Article312 1986-10-14 19 AFP DISMAL conditions prevailed on the tanker market over the past week, and particularly in the Gulf States area, due to the heavy build-up of available tonnage in the area and reports of the high consumer stock position. Uncertainty about the eventual outcome of the Geneva conference ofAFP - 312 words
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162 1986-10-14 19 THE MAIN CREDITOR of the Korea Shipping Corporation, the Korean Exchange Bank, sent a team of 20 financial experts to examine the workings of the carrier. Containerisation International received confirmation that the team moved into KSC on Aug 16 with instructions to162 words
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8082 1986-10-14 24 SQUBGXDIIB A guide to ships loading st Singspore for ports sround 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 of8,082 words
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Article771 1986-10-14 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Or Chief 50E 14.10.86 1600 Jardine F5A 0700-0800 B8 Regina Ms 356 14.10.86 1700 Maersk F2 0800-0900/0800-0900 Al/Bl 0700-0800 F1 Chun He 14W 14.10.86 1700 Y Fung771 words
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Article1665 1986-10-14 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprise* Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Lin* Africon Shpg Agencies <S> Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shippm gAgencies (S) MuJtiport Sdn Bhd (PK).1,665 words
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Article572 1986-10-14 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES CR Abidjan KI6 Borneo alongside 14 10/1500 Coral Stor K20 NTYSS alongside 14 10/0600 Inter east K33 Lkm Huot alongside 14 10/0600 hwen K27 Pelnt alongside 14 10/0600 M Medrtetrane Kl5 NTYSS alongside 14 10/0600 Trop'l Manna572 words
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Page 17 Advertisements
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Advertisement731 1986-10-14 17 (liaml His ((>1 K 1 )k n ,< >n;ir\ mm lllVf# www* svras agences (In n. *****4/ 000 Mllff 200 Cantonment Road #1?M Southpoint Singapore 0208 FKsfll W *****11 TELEX NO RS 2*179 .H I \£tAJuf J TERMMAL/CFS 3200 21S TO 220 BOOKMGS 3200 234 TO 235 HHI PESAKA lARME731 words
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Advertisement65 1986-10-14 17 mm BARGAINING hos resumed after a 45-day extension ended the first widespread US east coast dock strike in 15 years. Page II RIVAL SHIP design and equipment consortio hove stepped up their efforts to capture contracts in Indonesia's US$3OO million coastal fleet renewal programme. Page 111 Index to odvertisers II65 words
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Advertisement1186 1986-10-14 17 4T FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 J MAERSK LINE MAERSK CFS OUR CFS is relocated at F2 (wef 15 Oct. 1986) call our CFS at new tel. no. *****85 *****86 Voy S"1,186 words
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Page 18 Advertisements
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Advertisement360 1986-10-14 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South Waat FMdar at Kao Pacific North Wast Faadar at Kao Atlantic/Canada Faadar at Naoova BBBMEHMBB iiirTgffiTgWßgM M'!'IIIMIBK7M EES i' ■ii.ujWTTTninrTirßH mii»iiT i nw"T' ,p '^f ty,l,M Eggi for USA Poets. 'Portland vi# TEES •y/I«DDLE EAST Full Container Service (A member of Oasis360 words
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Advertisement364 1986-10-14 18 EUROPE/FAR EAST CONVENTIONAL SERVICE MALAYSIA SON. BHD. Frt TEL: 03-*****50 TLX: ***** MTM Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement. Singapore Agent Goodrich Maritime Pte Ltd. Tel: *****35 Tlx: RS ***** GRMSIN Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA364 words
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Page 19 Advertisements
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Advertisement898 1986-10-14 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sibih, Sarawak, Brunei Ports and Bangkok QCC Overseas Containers Limited fifflW I a>-! t i \m\ Spart PJOmi 20/19 21/11 20/10 21/11 M/U 05/11 11/11 13/U 10/11 21/11 20/11 20/11 00/12 00/12 12/12 14/12 10/12 21/12 20/12 20/12 Stan HVvf 00/11 U/ll898 words
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Advertisement604 1986-10-14 19 Franco Belgian Services A I ,>! r. r. h i. ir -i.f.Tn in. (MEMBER OF ACE CONSORHUM) <»' if ."il--i -li'li STOK PJOMS It Not* Ita rstava Mm rNnw M TIMMKMU) am IS Od <13 Od) 3Nn 4Nn SNn INn INn 11 Nn a pmb 22 Od (it Od) 10604 words
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Page 20 Advertisements
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Advertisement270 1986-10-14 20 Hapag-Lloyd i 10 CONTINENT, UK EXPORTS rtn tfbwi 1/11 11/11 IVU 17/11 25/11 27/11 2/12 4/12 11/12 12/12 17/12 19/12 23/12 25/12 VI 5/1 </l 11/1 15/1 17/1 rkmn Rtai/k'Mip It Hi«t« 13 11 14/11 lt/U 19/11 29/11 22/11 21/11 30/11 2/12 1/12 7/12 1/12 14/12 15/12 17/12 21/12 22/12270 words
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Advertisement614 1986-10-14 20 LINE *».mi eft***"** tS4UA Sit**** fully containerised service TO fUROPt VIA SUfZ B s Member ot the Ace Consofhum CR PMB m CMM CONTMCR 37* OMENTAL CHD 51* fROM ItlROPf VIA SUf7 a Mpmh ot ,hf cf Consortium KOKAN MCEW 3SE Kfiuc cutsthi m hocm awn m sow sua na614 words
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Advertisement344 1986-10-14 20 f// Hai Sun Hup Co (f'te) I id TEL *****06 (20 Lines) TLX RS ***** &RS ***** VI \S I I K\ \K I I\ I K III) STRAITS/JAPAN/STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I NOTE: ALSO CALLMG OMR JAPANESE PORTS, HONGKONG, TAIWAN 4 CMNESE PORTS, SUBJECT WUCOOT344 words
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Advertisement753 1986-10-14 20 r EVERGREEN full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) IK ai KM urn u« WTC m cms ksr tto om pus us ksg mg sgp OCA GOMG 71/11 14/U 12/11 14/U 15/U M/U M/ll 24/U 27/11 31/11 2VU 21/12 24/12 24/12 21/12 11/12 VI EWaOWTM 21/11753 words
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Page 21 Advertisements
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Advertisement898 1986-10-14 21 >, lursuay, wwucr PACIFIC INTERNATIONAL LINES \VV PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel. *****33 1 VESSEL MAJAPAHIT OOWA KOTA SINGA FAR EAST CONTAINER SERVICE SIN JKT SBY SIN HKQ KAO *TCH KEE BUS 34/10 26/10 20/10 31/10 5/11 S/11 t/11 S/11 10/11 5/11 7/11 t/11 12/11 «/11898 words
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Advertisement686 1986-10-14 21 BEN LINE CONTAINERS We have MOVED to 200 CANTONMENT ROAD #13-05 SOUTHPOINT, SINGAPORE 0208 TEL: *****22 EXPRESS CONTAINER SERVICE TO UK/COUTWENT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KkJJEBSEN LINE Wk. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH PACIFIC ISLANDS MARIANO BAY686 words
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Advertisement496 1986-10-14 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUM LLOYD P.T. SANUDERA INDONESIA e P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EOROPE STOK »B*o ME kit it-it/ 111 »/n MATUtUT Vltm 4-5/11 I »/n STOK HDD 22 M/ll li/U (tmm/itmm H-nate 2/12 1/12 ADAM/RDMI HUC 11/11496 words
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Advertisement381 1986-10-14 21 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR S'pore MERGU V74N 10/17 Oct PA-MI *101* 14/16 Oct MYITKYH NAR *276* 16/17 Oct PAGAN ¥104* 19/21 Oct AVA VS2W 20/22 Od (Burmese National Line) Loadng for Rangoon P.Ketanc Penanj Bangfcofc 20/22 Od 11/19 Od V* BANK LINE EXPKESS SQaCONTARO SERVICE NOETreOUH) TO381 words
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Page 22 Advertisements
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Advertisement1247 1986-10-14 22 ECUADOR/PERU/CHILE FEEDER *SL MOT*! VSL MMM *15 TBN •j IV LINE —KAWASAKI KISEN KAISHA. LTD. SKXi PKLG PNG SPOK KOK IS Oct lfi Oct 17 Oct IS Oct 7 No GUAYAQUI CALLAO MICA QUQII U»GAST» S ANTOMO VUPMAISO <Dk n Dec 15 0«c 16 Dec 17 Dec 19 Dec CENTRAL1,247 words
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Advertisement600 1986-10-14 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Keta<x Penam loading tor CHMMMS V2IH li Oct Mil SO TWUtft *7W li Oct CM.MM V 7» 21 Oct It Oct Ha*as/Ctaa|/ HaMa Catartti KUHMU VMM 21 Oct CMi/hti) VBHVA MUM VS2H 25 Oct600 words
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Advertisement753 1986-10-14 22 Tv-7 golden line 5 ttVk GUAN GUMt SHPMNG (Pit) LTD V a I** »r« Sfrwi U —->* SMCATORE IIM IU SJ4JMI (II I*s) STRAITS/PERSIAN GULF SERVICE: COUEN MMNEST Cotoißbo/*»*»• Muscat Dubo l»/2t Oct GOLDEN MUCH Cdwabo/Harach/BaNfn */ll Od GOUKM M $»m*h» 12/ M Od CHMA OCEAN SHPPMG CO., PEKM6 THE753 words
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Advertisement406 1986-10-14 22 INTRASEA (PTE) LTD. 10 Anson Road »27 16 Internationa 1 Pla/a Singapore 0207 Tel *****11 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK PHIL I IRON SHIPPING AGENCIES PIE I ID PW PHUIORIINJ lIWS PIE ITD HI AO Of MCI 6 5 POBfHSON ROAD -0" MPIIISH HUIItMN!, StHGAPCIRI 0106 in m? 7406 words
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Page 23 Advertisements
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Advertisement765 1986-10-14 23 Spn NET TIM AGENCES PTE LTD. n EU/MBT tpa/SU H H T*l lb Otfct TmM M BOORBKS *****77 27*7*2 II 27»»77 *****72 *****53 "£742 OR OKCT IBCS 2790JJ9 *****16 HI P Kda* PfPIM SDM WD *****87/*****45/*****53/*****26 OPIFMT I IMPQ |Tn WLHE SOM BHD. *****71/*****34/*****35 VJnICPI I LlfNCo LI U r765 words
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Advertisement398 1986-10-14 23 OOMAW HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON V«MI Hi I Dm M7N Midi (Hah) lb. 7 Dwa/(M Hi. > Doum.WW Stir Mt Ml) lb. t Dnw/CMN lb. I Dm/NM SOWI ItillVlS NtPIIINf AMNCIfS Pll lit) lei ?/K99/' ?/*S4>4 (Operation l .V?? 4*/398 words
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Advertisement434 1986-10-14 23 SINSOV SINGAPORE SOVIET SHPPING CO PRIVATE LTD SWSOV BULOMG 55, Market Street Snppire 0104 Tel: *****33 (15 Lkm) TenM Offce: *****41/2 Cable Address SMSOV SINGAPORE Telex Umbers RS ***** RS ***** RS ***** f. KELANG WW M/S SHARMAT MM SOW SON. MM. IST AND 2ND FLOOR. MSMS HN THONG SMPPMG434 words
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Advertisement73 1986-10-14 23 Vf/ ta 7 /v# J»P*H HOMCKOMC STRAIfS FUKUUN MMU NO. 21 tit DM6 MMUCN V IA GBO MMU NOJ 12U 17/11 19/11 General Survey for m» Fukwun Mar* No 28 V.2A wt be Md on Me IStfc Oct H at Gdn K2O from 0900-1200 lire There ml be no further73 words
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Page 24 Advertisements
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Advertisement477 1986-10-14 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) Mfmm irv^inyarr lMf KS>fil WiryTTir ira..*irynir E2E3EQE ira..?ir?njr BEOE3ZZ3 IQ^CBiEOIIEBIIEni M li J*: M FF77TM if7i,TJ i TO SOUTH THAILAND kvi Bin EDM isn b»n cm rfTTBEI Dn inn D luß Irani rrr rrni rrrm frrani!MßK™ MALACCA STRAITS FEEDER SERVICE477 words
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Page 24 Miscellaneous
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Miscellaneous168 1986-10-14 24 Regional Weather 7 A s 3T IB ft '>■ fill a: Sft is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. cs* Wind direction with speed in knots Wove height LEGEND R Thunderstorm T C direction with speed m knots y Shower (A Ra,n Wove height Cloudy Sky168 words
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Page 25 Advertisements
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Advertisement135 1986-10-14 25 HSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****88/*****56/*****48/*****93 *****11/4 TDtMMAL *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE n 'i/ 1 iimi f' nil EM CUM CIIHIIMEEBimmaiJ ban n M l -mtti liuCirm^^BElEllMEniMEllliniM33^3LtilESMmi lr»-rTTTnrTTw r T~ tt< if ■rTnprTM r r~T'~TTiiiT.> MgjnEMGI—JBEIIIImIiimBII 111135 words
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Advertisement230 1986-10-14 25 TFS L/^E INTEPNATIONAL TRANSOCEAN (Ml SDN. BHD 62 Weld Quay (2nd fir i ***** Penanq TM *****5 *****5 Tlx MA***** TFSPG Fax No 04-*****5 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SLID' EXPRESS SEMI CONTAINER SERVICE TO p. NORTHBOUND TO UKC STORE ROM/A DAM HBG HULL (U.K.) TAMAITAI SAMOA V230 words
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Advertisement140 1986-10-14 25 NHMI «w»s*r.' n V Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL P*G PEN VESSEL SW I)WSEILLES '2) HSU 3)LOHOON 4) HAMBURG GOTHf NBuRG 8 Butmf N«.M ft OtfM 3U B imu 370* SMW IM VaMd/tM l*v ana/304 ft MHtaR/Mi 0 Nm' 41i Mnfcai/42C TO RED SEA-MEDITERRANEAN FEEDER VESSEL140 words
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Page 26 Advertisements
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Advertisement206 1986-10-14 26 CAM ASIA WEST AFRICA CHbl CONTAINER SERVICE I- >f 11> J lit I. h. .t I(K|S, 1111-lISI' I Singapore Apenls BAHKf SIME DARBr SHIPPING PTF tID Ipl bJb 1088 b3b?3?6 FERI MALAYSIA SDN. BHD. RORO CONTAINER PAIIETISED WEEKLY SERVICE 10 KUANTAN KUCHING K KINABAIU ALSO ACCEPTING SELF DRIVEN HEAVY VEHICLES206 words
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Advertisement212 1986-10-14 26 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: MVSOUTHGATE VO-1 S'PORE PT. LOADING KELANG FOR 18/10 22/10 Sete/ Valencia/ Rott/ Antw/ UK (Til) Agents: SINGAPORE: CALICO SHIPPING PTE LTD Tel: *****66 Tlx: RS ***** CALICO FAX: *****71 PORT KELANG: PERKAPALAN UTAMA SON BHD f K&S LINE JAPAN STRAITS SERVICE212 words
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Advertisement299 1986-10-14 26 c r "> i JLTJ Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO i FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY, FRIDAY ADVERTISEMENT. EAST AFRICA OCEAN ELITE 1 APOLLO PEAK 2 ALPS MARU SUBJECT INDUCEMENT WEST AFRICA KRITI GOLD 1 HIMALAYA MARU 1 ALTAI MARU 1 Rmks: Subject Inducement 9 Oct299 words
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