The Business Times, 29 June 1987

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 MONDAY, JUNE 29, 1987 75 CENTS
    12 words
  • 610 1  -  Several offering marginally higher starting pay By CHUANG PECK MING ALTHOUGH FEW would admit it, several employers in the electrical and electronics industry have given in to market pressures by offering a higher starting pay for production workers. The increases
    610 words
  • 205 1 AP THE US SENATE is likely to approve a Pan on imports of Toshiba products, a movs aimsd at punishing ths Jspanese company for selling submsrine-eilenc-ing equipment to the Soviets. The chairman of the Senate s finance committee said on Saturday: "If
    AP  -  205 words
  • 287 1 UPI PRESSURED by two weeks of violent pro-democracy protests that police could not crush, the South Korean government said yeetorday that it would inetituto major political reforms, including a key oppoeition demand to reviee the 1980 martial law Constitution. Ranking members of the ruling Democratic
    UPI  -  287 words
  • 94 1 Reuter NIPPON TELEGRAPH and Telephone Corp (NTT) has developed a superconducting material capable of carrying more than 1.6 million amperee of electric current per square centimetre. Company officials said the discovery helped pave the way for development of a new generation of practical superconductors. The superconductor an
    Reuter  -  94 words
  • 77 1 Bernama MALAYSIA has reached an agreement with the US and Sweden recently on a more flexible arrangement for exporting its textile to them. Trade and Industry Minister Datin Paduka Rafidah Aziz said yesterday that the move would help local textile exporters who often
    Bernama  -  77 words
  • 493 1 UPI UNABLE TO COPE with a Demo-cratically-controlled Congress and plagued by the Iran-Contra scandal, Ronald Reagan's ability to lead the US has sagged to the lowest point of his presidency. The New York Times, citing a growing consensus among Democratic and
    UPI  -  493 words
  • 661 1  -  By ASAD LATIF A SOLUTION to the deposit-tak-ing cooperatives probism will be found "very soon", Malaysisn Transport Minister Dsto Dr Ling Liong Sik said yesterday. He would not reveal how soon, only reiterating that the depositors were innocent
    661 words
  • Page 1 Advertisements
    • 546 1 Need a car or truck loan? Wxyioov, 737-7977 Vtey kxxig Mortgage And Finance (S) Ltd A wholK-owncd subsidiary of I iongkongH.ink 6 Claymore Hill #(1.101 lavmore PWa Singapore (WJ2 MANAGEMENT COMPARED WITH his counterpart at the assembly line, the output of a white collar worker defies direct measurement. Or so
      546 words
    • 220 1 RECENT PROBLEMS BETWEEN China and Japan must be given immediate attention and dealt with seriously, Chinese Foreign Minister Wu Xueqian told a meeting of government leaders from both countries on Saturday. Page 4 FEDERAL RESERVE BOARD chairman Paul Volcker, who has announced his intention to leave the government this summer
      220 words
    • 139 1 The 7th Asian International Industrial Fair with AiMB7 conference 30 September-3 October 1987 World Ttade Centre Singapore Organised by Singapore Exhibition Services Pie Ltd Tel: *****47 Because of Atsuko's determination, no other airline can offer you this: V s<» 1 V k S<»* 1 e\ V- /*> r iTi~ "'■^ii
      139 words

  • MANAGEMENT
    • 1140 2  -  Compared with his counterpart at the assembly line, the output of a white collar worker defies direct measurement. Or so it seems. A programme has been developed by American Productivity Centre to help employers evaluate the quality and output of their white collar workforce. ANNA TEO
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    • 572 2 FT IN A BID to cut costs, an American maker of printad circuit boards experimented with a new type of production process. When its engineering team had finally debugged the process, It told management that the new technology would actually increase unit
      FT  -  572 words
    • 605 2  -  wfl >1 It* I 4m \P*B 'J I ■y BOEY KIT YIN SINCE Its Inception in lata 1966. tha Small Entarpriaa Buraau (SEB) haa introducad a number of asaiatanca schemaa spaciftcally for small- and madiunitized anterpriaes (SMEs). It has fina-tunad existing schemes
      605 words
    • 122 2 THE National Management Game 1967 has attracted about 100 teams fielded by companies in the private and public sector. In all, 55 companies are taking part in the competition which is co-organised by the Singapore Institute of Management. the Business Times and ICL Singapore.
      122 words
    • 1621 3  -  Computer fraud is a serious problem facing all organisations which have computerised all or part of their financial or operational systems. BRIAN H SANDERSON, senior manager, Information Security Services, Ernst Whinney Consultants, and president of the EDP Auditors Association, Singapore Chapter, discusses how to
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  • Page 2 Advertisements
    • 100 2 siTAMM GATE HOUSE A 5, r r? v •v /jr^S 1 H *5 n V s\« N SS A fiS For bookings and enquiries contact: Owner Developer r CITY DEVELOPMENTS LTD (A member of the Hong Leong Group) 36 Robinson Road #20-01 City House Singapore 0106. Cable: CITADEL Telex: RS
      100 words
    • 384 2 UMttZZUL TT&7FFTZ7IIT. sc ULTIMATWshtmr 3 r0 MODEL ULPI UpPutton DcwnPoatton With a new revolutionary Closeness Control the'extra edge'that stretches the skin for the very closest shave. A powerful shaver with 1 hour quick charge. Turns at 9300 RPM. Equipped with 1,900 holes. Features a 60-btade stainless steel cutter. Made or
      384 words

  • Page 3 Advertisements
    • 207 3 "VCfeneed a computer that grows with us ...painlessly." < c? rfc* Jm v lsfm- 319P1! J 1 WM J NCR Computers Our incremental architecture lets you add power without disruption Managing business growth is a 24-hour a day job. You can't afford the disruptions usually caused by computer growth. Disruptions
      207 words

  • ASIA – PACIFIC
    • 392 4 AP RECENT PROBLEMS between China and Japan must ba givan immadiata attention and daalt with seriously, Chinaaa Foreign Minister Wu Xueqian told a meeting of government leaders from both countries on Saturday. At the fifth annual ministerial talks between the two countries, Wu
      AP  -  392 words
    • 319 4 Bernama MALAYSIAN Finance Ministry secretary-general Tan Sri Zain Azraai has expressed confidence that trada relatione between hia country and Indoneaia would be further intenaified if more emphasis is given to countertrade. Aa neighbours, Malayaia and Indoneaia ahould expand bilateral trade tiee in view of
      Bernama  -  319 words
    • 178 4 AFP CHINA is studying the poesibility of hsving dirsct trsds with Mslsysis to boost commsrclsl exchanges between the two countries. Tisn Yinong, s ViceMinister for Finance, said in Kuala Lumpur yesterday that the study wss being carried out by the Trade and
      AFP  -  178 words
    • 143 4 AFP NEW ZEALAND Prim* Minister David Lange is expected to set s mid-August election date this week, after a nationwide opinion poll showed his Labour Party leading his main opposition by a record 26 percentage points. Labour officials said yestsrday that Mr Langs would
      AFP  -  143 words
    • 223 4 AP ECONOMIC CRIME and waate have become so serious in China that they are affecting the country's eight-year-old economic reforms. The official newspaper China Daily said on Saturday that the state suditing administration had moved to punish offenders and tighten checks on waste,
      AP  -  223 words
    • 266 4 UPI A RATIO of 70 suitors for 18 would-be brides would be considered unusually favourable odds in the marriage market. Not so st a recent matchmaking event for Japanese and American high-technology firms, sponsored by the sem (-governmental Japan External Trade Organisation, known as Jetro.
      UPI  -  266 words
    • 764 4 ARRIVALS Operator *nnc» numb* Local tWn# From GU SU SU SU SU THAI OM SU MAS GU PU SU AC MAS GU SU SU SU SU RJ IK THAI CPA MAS GU MAS GU THAI NW ATIOT SU AC SU SU CAAC SU GU MAS UL SU
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  • Page 4 Advertisements
    • 160 4 USA at The Belvedere Wt 5-* A* #v v *S4 <*? I# J* 0» v» r y. r *«V §rv a* 5 a «ra iUJ a m M i rf V i I# For the true taste of the US of A, come to The Belvedere s American buffet luncheon,
      160 words
    • 137 4 The business person's choice, every Tuesdoy, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow eorty the following morning. Call your Travel Agent or Air Canoda at *****55. AIR CANADA 0 The Bad News Canadian Postal Workers Went on Strike June 16th I i Va The
      137 words
  • Page 4 Miscellaneous
    • 38 4 Doonesbury m ri m 2 th n If *1 m m ♦> X' AWW ft Si Ya 85 ri v> .♦A w a MBS BY GARRY TRUDEAU <9 MZ4 V// w& T/ V'jw r i»> n v.. SB J
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  • REST OF THE WORLD
    • 486 5 AFP MIKHAIL GORBACHEV'S ambitious plans to overhaul the Soviet economy by grafting market forces into a centrally-planned system will, even if they bear fruit, still fall short of 1920s reforms mapped out with Lenin's guidance, Western economists in Moscow said. While Mr Gorbachev's
      AFP  -  486 words
    • 379 5 Reuter AUSTRIAN President Kurt Watdheim received an unprecedented political blow when the powerful Vienna section of the dominant Socialist Party (SPOE) called for his resignation on Saturday night Mr Waldheim, 68, has been accused by critics of covering up his role with the German
      Reuter  -  379 words
    • 369 5 NYT RESOLVING the Vatican's deepening financial crisis may require bask: changes in the institutional character of the Roman Catholic church. Vatican officials say new relationships are already developing in the Catholic hierarchy as local bishops play an ever greater role in
      NYT  -  369 words
    • 186 5 AP MEXICO'S major unions have agreed to a 23 per cent increase in the minimum wage effective on July 1, the third of four pay increases labour organisers plan to seek this year, the government newspaper said last Friday. The agreement brings the
      AP  -  186 words
    • 124 5 AP A KEY ARCHITECT of Peru's economic recovery programme was named the new finance minister last Saturday as the government reported thst its foreign debt repayments last year were nearly double the limit set by President Alan Garcia. Deputy Finance Minister Gustavo Saberbein will be
      AP  -  124 words
    • 550 5 Statement puts him in opposition to Reagan's stand Reuter FEDERAL RESERVE BOARD chairman Paul Volcker, who has announced his intention to leave the government this summer after eight years as a top US economic policymaker, has said a 1988 tax increase would
      Reuter  -  550 words
  • Page 5 Advertisements
    • 43 5 JonesLang WOOttOn 532 3888 mm □ami an dnai si -«C 3! (3! r iw GEOFFICE SPACE /K SHF (\J r(J(\J WAV 111Tr<i modern .it •■•oliitflv ontst.iixlifHj i<l«*ntity, superb qu.ilitv I <'t <|ivf yon ,i full hriefitu| .ihout tin-, huiliiniii f rW A -A
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      82 words

  • MONEY AND EXCHANGES
    • 436 6 Union Bank of Switzerland THE BRIGHTENING of the mood on the dollar front continued in the week just ended. In the wake of international investors' renewed interest in dollar investments, the dollar climbed to a three-month high against the other main currencies. The relative ease
      Union Bank of Switzerland  -  436 words
    • 25 6 Source Union Bank of Switzerland US tfoNar "Bretton Wood"? Swtee Irene: Diminishing interest rate bonus Sterling: Recovery versus "Europeans"? Qofch On the defensive.
      Source — Union Bank of Switzerland  -  25 words
    • 241 6 ASIAN < CURRENCY av*rag« 3 mo*m 4 3 15/1* dtpoilt rat** for f|l9 wMfc 6 mofttm 4 4 mM J un* 26 12 mm+m 4 1/1* 4 HD nuccs n, t Low 1 w* 15/1* U» t m 3 MM** 9 9 1/1* 7 day 7 5/1*
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    • 313 6 National Discount Company THE scripless Singapore Government Securities Market sew quiet trading iaet week ae the market went through e consolidation phase Attention wee focused on today's suction of the first new 304-day Treasury Bills. Dealers expect to eee very competitive bids in this
      National Discount Company  -  313 words
    • 252 6 Green Collier INFLATION-SENSITIVE gold settled near the wMk'i high on speculation that Opec may cut its fourth quarter production quota at its meeting in Vienna. Laat Friday at New York'a Commodity Exchange. spot gold rallied to cloee at U*****.10 an ounce, up about $2 over
      Green & Collier  -  252 words
    • 454 6 lilnlii N wrm 9» 9m Major tateVtiiitvpora lw Shtgopor*. RANK PLC 6% MMMIMI PIC 6% Amortcan Expran Bank 7 Am "Dam RVdam Bank 6% Arab Banking Corp 7 Arab Bank lid Asia Commordal 7% 6H ANZ Banking Group lid Ban Hbi Loo Bank Banco ConiMfdak 6% 6%
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  • Page 6 Advertisements
    • 1417 6 BALANCE SHEETS AS AT 31 ST DECEMBER ItM LOANS AMD ADVANCES due after Iwilw months CURRENT ASSETS Statutory deposit wtth the Monetary Authority of Singapore Loans and advancaa due ■Wn twelve months Other debtors, deposits and prepayments Cash on depoeit, at banks and in hand CURRENT LIABILITIES Accrued interest peyabie
      1,417 words
    • 280 6 MALAYAN CABLES BERHAD (Incorporated in Malaysia) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirtieth Annual General Meeting of Malayan Cables Berhad will be held at the Registered Office of the Company, 10 Jalan Tkndang, Petaling Jaya, Sdangor on 24th July, 1987 at 10.00 a.m. for the
      280 words

  • BANKING AND FINANCE
    • 358 7 Reuter BUNDESBANK president Karl Otto Poehl said West Germany would be badly advised to lower Interest rates and that he believed the economy would continue to recover after a six-months lull. Asked by the newspaper Bild am Sonntag if lower interest rates could boost
      Reuter  -  358 words
    • 521 7 Reuter THE "MENU of options" approach to Third World lending is likely to become the standard way of tackling Third World debt problems following the enthusiastic reeponse to Argentina's latest package, bankers said. "The menu constitutes the most promising route
      Reuter  -  521 words
    • 275 7 Antara BANK Indonesia has accumulated a large dollar surplus in the last ten days as the speculative dollar rush of the past several weeks abates, according to the bank's governor Dr Arifin Siregarin Bali last Friday. In the ten-day period from June
      Antara  -  275 words
    • 613 7 Business leader urges immediate action Bernama ES A BUSINESS RECONSTRUCTION bank or rehabilitation unit should b« set up immediately to help ailing companies in the wake of the increasing number of them "going under", suggests a Malaysian corporate sector leader. Ramli Kushairi,
      Bernama ES  -  613 words
    • 293 7 AFP MALAYSIA'S central bank is to purchase a majority stake in a commercial bank in Kota Kinabalu hit by bad loans. Banking sources said during the weekend that Bank Negara's acquisition would Inject about MJIIO million into the ailing Sabah Bank, in which
      AFP  -  293 words
    • 302 7 Reuter UK INTEREST RATES may come down in a few months' time if growth stays sluggish in Continental Europe and West German monetary policy continues to eaae. The National Westminster Bank PLC, In a circular releaaed during the weekend, says the UK •conomy
      Reuter  -  302 words
    • 86 7 Reuter SWISS National Bank President Pierre Languetin said the Swiss franc waa generally at an appropriate level against other currencies. despite the fact that its strength againet the dollar waa hurting Swiaa export industry. He said fundamentals such aa full employment balanced economic growth, monetary
      Reuter  -  86 words
  • Page 7 Advertisements
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      322 words

  • THE ARTS
    • 668 8  -  By SHAUN KOH TCHAIKOVSKY Piano Concerto No. 1 in B flat minor. Barry Douglas (pi); London Symphony Orchaali a/Leonard Slatkln. RCA Red Seal digital 5706-2-RC (37 minutes). Category: Classical Selected CD comparisons: Argerich, RPO, Dutoit 415 0612GH Pogorelich, LSO, Abbado 415 122-2GH BELFAST-BORN pianist,
      668 words
    • 713 8  -  By SYDNEY RUBIN AP HE QAVE INDIA a building that looks like a bull. In Franca ha built a chapel that resembles a boat A century after La Corbuaier'a birth, axhibitiona are honouring this architect whoee vision still guides designer's hands
      AP  -  713 words
  • Page 8 Advertisements
    • 825 8 banespa Banco do Estado de S3o Paulo SA INTERNATIONAL DEPARTMENT Proco Antonio Prodo, 6-8* ondor ***** SAO PAUtO BRAZIL BANESPA GROUP OF SUBSIDIARIES Banco da Desanvotvlmanto do Estado (to Sao Paulo SJL Bodesp -Development Bonk of the stote of Sao Paulo) shores oc quired on Dec 31, 1986) Binnpi S/A.
      825 words
    • 62 8 OLYMPICS EUROPE -mrfi i i i \n I IP A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you frequent and convenient connections from Athens to more than 40 worldwide destinations including Madrid, Istanbul, Dusseldorf, Marseilles, Milan, Nicosia and Stuttgart. For enquiries and reservations, please call 225 8877.
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  • Page 8 Miscellaneous
    • 621 8 a a ii m CRYPTIC PUZZLE ACROSS 1 Equal in a gam* (5) 0 Part of one's parson •hot off? (6) 9 By which procaaa tha convict was shortly unlocked! (7) 10 Tlrad. maybe, but did ona's baat (5) 11 Do fully aa bafbra (5) 12 Boot fastnars (5) 13
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  • SPORTS
    • 365 9  - Gold Cup Nostradamus will be hard to beat By BRIAN MILLER ON THE STRENGTH of his third to Vanda on Saturday, Nostradamus will b« hard to beat in Sunday's running of the rich Singapore Gold Cup race. Shouldering a massive 63kg a penalty incurred after his slashing win in the
      365 words
    • 373 9  -  By WALTON MORAIS SINGAPORE'S Lim Swee Wah had his second successive high placing on the Malaysian professional golf circuit when he finished joint-fifth in the M 570,000 Sabah Masters at Kota Kinabalu yesterday. Swee Wah, who was fourth in the M 560,000 Sarawak Masters at Kuching
      373 words
    • 771 9 WIMBUD«N jp '87 Ufl Reuter IVAN LENDL will not mind if he wins only four more matches this year provided they all come in the next seven days and end with him being crowned Wimbledon men's tennis champion. "If I can win Wimbledon and lose
      Reuter  -  771 words
  • Page 9 Advertisements
    • 719 9 ellesse 1986 Consolidated Financial Statements (in thousands of Canadian dollars) <I> Cash Reaonces Omtt and dapad9te4h Banket Canada Dapoets w*i atar b**s Cheques and otar seme ntnre* net S 1 6*4035 5179.918 moome kom bans. <*duOng leases moome Irom lease krancng hoome torn seasons »xxyne fcom dapowe nwg) tunte btel
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  • Page 9 Miscellaneous
    • 1317 9 Scene me, of a company director ou>akem&d fCom Hi 6 s'umbers by \mperaHyt of iVe fe^sp^ooe... r\ &S&S&'fbOr&D N so soon i FOR uiHfvr PeAsow ss§§? u>e Grr f\NOTHeg r, ch*ik jto see Vj miss SronH in I net*. louj CUT Standard Co lU.IKI IW arpv <* /C\ -h to
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  • INTERNATIONAL STOCKS
    • 171 10 Reuter ITALY'S Rizzoli publishing company, RCS Editori SPA, has signed a share swap agreement with French publishing groups Hachette SA and Publications Filipacchi, says Italian newspapers. Under the agreement, signed last Friday, Hachette will acquire a 10 per cent stake valued at 90 billion
      Reuter  -  171 words
    • 112 10 Reuter HUTCHISON WHAMPOA Ltd's retail chain unit, A S Watson and Co Ltd, will open three stores in Taipei between August and November, its first venture in Taiwan, according to managing director of the company's retail non-food division, Rodney Miles. He said the company would open
      Reuter  -  112 words
    • 196 10 JUNE 27 Y«n MMBK 663 -10 MMEmm 3930 -10 Mai 510 +5 MMI MM +19 MMKaM 11*0 undi AmM CtaM... 1990 -300 tank of Tokyo 1*90 10 Cam 960 -33 MM SNp 373 +3 MMSmMiQ 419 +6 MMMM 1(30 +30 MMI 1130 -30 Mwran 3660 -150 tMT ftjn .ff)
      196 words
    • 409 10 Reuter AN ORDERLY ROUND of profit taking sent Wall Street stocks lower in moderate trading last Friday. Rising oil prices resurfaced as a cause for concern, stirring fears of inflation. A sluggish dollar and a declining bond market provided further incentive to take some
      Reuter  -  409 words
    • 158 10 JUNE 88 ADrtitw C$ 34% loco Int ProvPlpa hi Ml 23 3054 25% -54 14 unch Alcan Alum. 4054 1554 4-% Algoma Stl 1654 54 2654 14 Bcnk Nova Scotia Bank 01 Montreal Ml Canada 17* .33% 42 X 14 unch Moiaon A. Inloofi Corp 2454 3454 28% 14
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    • 206 10 JUNE a RAND MDU8TRML9 Tongaat Truat 8k Un 8laal Woottru 1240 236 75 1900 unch unch -2 -25 A Alpha ***** MM NQ8 Abarcom... 330 unch Aaci 1775 unch Anavaai ***** 9960 50 P ll il m"i i~i r Djyvoor. 2450 unch 260 -50 Bartow* 2425 -25 Chartaf *****
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    • 614 10 JUNE 36 US Alcan Alumtn 30 Alcoa 52* Aitag mo 15% AHiad Sig 43* AHta-Chalmar* Am Brand* Inc Am Can Co 2% 46% unch 51 -X Am Ewe Pwr 27* Am Capraaa Am-Homa Prod as* _4* -1 19* +x Amarada Haaa Amoco Corp 39* M Amr Corp 61*
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    • 662 10 Amsterdam JUNK M P1B ABN 400 90 4.5 Aagon 96 80 1.8 Ahotd 103 00 1.8 AkZO 154 40 *3.7 Alranta 148.90 AMEV 88 90 2.2 Amro Bank 77 00 0.8 Am Stad 123.90 0.6 19 40 •0.1 BOLS 164.90 -0.5 Bcraomij 123.00 •6 Boahrman Tatli ►roda 54
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    • 154 10 AFP FRENCH. Hongkong and Macau intereeta joinad forces laat Friday to buy a 38 par cant share of Macau's power company tor HKS36O million, officiate said The newly-formed Sin-o-French Energy Development Co Lid acquired the 2.2 million sharee in Macau Electrical Co
      AFP  -  154 words
  • Page 10 Advertisements
    • 503 10 mm r?[Z zsm rFr m ir.? JUNE In praise of Asparagus the King of vegetables. Fresh, delicate, handpicked asparagus is served in exciting dishes. With a choice of wines by the glass to perfectly complement your selection. Cafe Vienna Supplement "HotlclcujSAiv: Singapore PALM GRILL An elegant and intimate ambience. With
      503 words
    • 149 10 London Hocks on Pago 18 Vlonnn, Milan and I I With the dynamic f Melody Band from 8 the Philippines. At The Lounge daily L except Sundays. Bpm lam. with an extra hour J on weekends and eve of Eublic holidays. Happy [ours from 5-7pm daily. Third drink is free
      149 words

  • INTERNATIONAL COMPANY NEWS
    • 314 11 FT WILLIS FABER and Stewart Wrightson, two of Britain's biggest insurance brokers, asked tor trading in their shares to be suspended on the London Stock Exchange on Friday afternoon amid speculation that they were poised for a £950 million (US$l.5 billion) friendly
      FT  -  314 words
    • 266 11 Reuter HOPEWELL POWER China Ltd plans to refinance a 52 billion yen guaranteed facility with a 49 billion Euroyen loan to raduce interest costs. Banking sources in Hongkong said yesterday that the new loan, to be used to build a coal-fired power plant
      Reuter  -  266 words
    • 146 11 Reuter WILLIAM GATES, a 31-year-old college dropout who founded a computer company, has become the youngest billionaire in the US and the biggest percentage gainer in listed shares. Gates, a bachelor, is now worth just over US$l billion, placing him 16th on a list compiled by
      Reuter  -  146 words
    • 806 11 FT WHAT IS DRIVING stock prices ever higher money growth, profits, declining interest rstes? The answer is now official. Well Street is driven by msdness, purs and simple. On Tuesday last week It even became poeaible to quantify this new determinant of
      FT  -  806 words
    • 804 11 NYT WHEN COMPANIES say goodbye to public ownership, they do not always leave their stockholders smiling. Increasingly, manage-ment-led buyouts and similar transactions are being faulted as unfair to public shareholders, who may have suffered with a company through years of adversity only to see
      NYT  -  804 words
  • Page 11 Advertisements
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      101 words
    • 117 11 So much to choose for only $16.50 C A sumptuous spreod with many different types of appetisers, hot and cold soups, a salod selection superb pastries, truffles, fortes cheese board, fresh fruit.. freshly brewed coffee. Ail for $16.50. And tor $26.50 you can odd a roast or a choice of
      117 words
    • 67 11 -5 The Ivory Dtscotheque Every Sat Sun 3pm 106pm 54.50 4 Laval 4. Excatnor Hotai Beer with us and bring the sun down to (tie crackle of nuts and a me tody you can hum. While your cares away we're not far away. HOTEL GRAM) CENTRAL (MAIS LOBBY) Put Some
      67 words
    • 152 11 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at on ungourmet price l For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham. vegetable terrine. mixed seafood satad. cooked assorted vegetables and homemode dressings Select your
      152 words
    • 171 11 K ENTERTAINMENT iK HIGHLIGHTS 4f\From the Philippines A sensational band thai la aura to please with Its faat/ slow numbers, favourite oldies and latest rock. ft &M HILIP^r TEA The popular x I Cw local soloist. For your sentimental moments, <CAIHNHILL HOTEL) 19 Cairnhill Circle. S pore 0922. Tel: *****22
      171 words

  • COMMODITIES
    • 829 12 Dollar's volatility affects commodity markets THE ERRATIC behaviour of currencies again incited caution among commodity traders in London during the past week, when hopes of an early cut in interest rates receded. Precious metals fell on the dollar's initial rally. The price of gold fell to
      829 words
    • 378 12 Bernama THE RUBBER market outlook is expected to be brighter in the second half of the year given the renewed interest in the commodity in view of its relatively lower price against other commodities. The Malaysian Rubber Exchange and Licensing Board (MRELB) said in its May
      Bernama  -  378 words
    • 170 12 Chinese Produce Exchange liBin 1 noon do* AM 27 (SS/100 Coconut oil M FOI Otd drum FOI Now drum FOB Copra Mlxod (loow) tg pricot on 924)0 102.00 106.00 54 Pepper Muntofc w+itte KM NIW 1157 JO JO' O* OI wnm FOt foq NLW 1142 JO Sarawak iptdoi
      170 words
    • 329 12 THE Malaysian crude palm oil (CPO) markat closed aaaiar last waak in light trsding activity. Ths Mslsysian CPO prica dropped M 59.50 over the week to ctoee at M 5773.50 per tonne. The easier trend was due to reserve of buyers influenced by the fall in soybean oil
      329 words
    • 163 12 THE Malaysian rubber market closed steadier as sentiment firmed towards the end of last week. July Int One RSS buyer rose three (M) cents over the week to cloee at 249.00 cents per kg on Friday from 246.00 a week earlier. The market lacked trading interest initially July Int
      163 words
    • 104 12 THE PRICE of tin on tie Kuala Lumpur Tin Market (KLTM) dosed 13 (M) cents lower at MSIL4O per kg tae» week In relatively Inactive tracing from M*ll«2 the previous week. Turnover tor In week, however, rooo two tonnes to 362 tonnoo. The market opened 12 cents lower
      104 words
    • 149 12 WHEAT futures in Chicago closed 334 to 134 US cents lower last Friday, ending near session lows as a late sell-off in soybeans lent pressure. July closed 334 cents lower at $2.50%. Private forecasts of weekend rain in lowa sparked local selling as traders saw the potential for improved
      149 words
    • 333 12 London Commodity Exchange fcfytc/Stiif dotin g prieo* on Juno 26 (£/tonno i jnlo* spodflod). rffViOUI OOtlHQ pf»C#f In poronfltiosfe Coffee Bosh Irv-ifor* London, soHors option OF London •My 1228/1233 (1230/1232) Mgh/Low 1234/1210 Sop 1257/1258 (1252/1253) Ugh/Low 1258/1235 Solll (2720) Cocoa My 1343/1344 (1335/1339) High/Low 1345/1333 Sop 1314/1317 (1317/1318)
      333 words
    • 86 12 SOYBEAN futures in Chicago last Friday broke late to pull away from early highs, but still closed 134 to 6% US cents higher. November closed five cents higher at $5.63, in the middle of an 11cent range. Soymeal futures closed $1.00 to $3.50 a tonne higher, while soyoil settled
      86 words
  • Page 12 Advertisements
    • 1290 12 Irving TVust (INCORPORATED WITH LIMITED LIABILITY IN THE STATE OF NEW YORK, U.S.A.) Irving Trust Company One Wall Street New York, NY ***** IRVING TRUST COMPANY AND SUBSIDIARIES Consolidated Statement of Income For the Years Ended December 31, 1986 and 1985 IRVING TRUST COMPANY AND SUBSIDIARIES Consolidated Statement of Condition
      1,290 words
    • 2 12 TRADER VK'S
      2 words

  • MARKET REVIEWS
    • 5184 13  -  Singapore j By LISA LEE THE SINGAPORE stockmarkat continued to climb ateadily last week aa aach day aaw the ST Indax •hooting past shortlived records to try new ground. At the week's end, the cloeelywatched Straits Times Industrial Index hit an all-time high
      5,184 words
    • 338 13 m K.Lumpur MBT THE MALAYSIAN stockmarket managed to break new grounds again last weak despite appearing lacking in direction at times amidst bouts of profit-taking and bargainhunting in moderate trading. Renewed interest in selected blue chips lifted the 30-counter NST Industrials Ordinary Share Index
      MBT  -  338 words
    • 305 13 SI r VlAustraiia M AFP HEAVY SELLING of gold stocks spilled over into industrials to push Australian shars markets down last week, brokers said last Friday. They said the market had managed a brief recovery on Thursday on stronger global gold prices
      AFP  -  305 words
    • 685 13  -  Weik ended June 26 compiled by JULIANA TAY SCRIP ISSUES Hexzo Corpn: Proposed rights issue of one-for-two at $0.60. Bonus issue of one-for three (Rights entitled to bonus) M Credit: Proposed rights issue of one-for-one at $1.50 Each new share is entitled to one TSR
      685 words
    • 516 14 New York^ UPI THE AMERICAN stock market closed mixed last week after stumbling through an on-and-off run in which widely anticipated institutional buying, expected to drive prices higher, largely failed to occur. The Oow Jones Industrial Average scored a minor gain of
      UPI  -  516 words
    • 691 14  -  London From RAY HEATH JAPANESE investors returned to London last week, but it was not equities they were after, although thankfully they decided to buy some of those too. Their target was the Financial Times. Not the newspaper, but Bracken House, the building
      691 words
    • 359 14 n 1 Hongkong SHK Securities THE HONGKONG market drifted lower last week in volatile trading with the Hang Seng Index giving up 27 points to close at 3,139. While the K point rise in interest rsts sxsrted little pressure on sentiment, there had
      SHK Securities  -  359 words
    • 239 14 w pij Tokyo j AFP SHARE PRICES recovered moderately after opening at a low level on the Tokyo Stock Exchange last week. Analysts said the market was expected to become bullish toward midsummer on active buying of issues related to domestic demsnd. Investors Monday
      AFP  -  239 words
    • 168 14 NMB Bank THE AMSTERDAM bourse reached an all-time high last week as the ANP/CBS general index hit 303.6, up five points and significantly higher than the last record at 301 of Sep 5, 1066. Damrak (the old Amsterdam canal where the stock exchange is
      NMB Bank  -  168 words

  • Page 14 Advertisements
    • 932 14 1985 sr~ 798,546 136,786 661,760 661,760 NET CURRENT LIABILITIES KIAW AK HANG FNANCE COMMNY UMITEO (Incorporated in Singapore) 157, SOUTH BRIDGE ROAD, SINGAPORE 010 S. TEL: *****66 4. INVESTMENT PROPERTIES 1986 1985 ~ss~ ~3T" Two units of flatted factories, at cost 798,546 798,546 Less: Provision for diminution in value 302,226
      932 words
    • 300 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OP SHIPS NAME We, Saxnta Clover Trading Pte. Ltd.. of 3, Shenton Way #03-12 Singapore 0106, hereby given notice that In consequence of our Purchase a Motor Tanker M.T. Tozal Maru No: 22 of Japan. We have applied to the Registrar of Singapore Ships, under
      300 words
    • 260 14 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 85 TRADING PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING OF NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 50 that a Final General Meeting of the Members of the abovenamed company will be held at
      260 words
    • 379 14 NOTICES PR. MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 100 Park Lane, London WIT 4AR, United Kingdom on Monday, 22nd Jane 1007 the following special resolution was dnly passed: "That the Company be wound up voluntarily and that Mr Henry Chow Yew
      379 words

  • COMPANY NEWS
    • 290 15 MBT THE TAN CHONG Motor Holdings group has been granted a manufacturing licence to make passenger cars and light commercial vehicles. This will make Tan Chong the second Malaysian car manufacturer after Peruaahaan Otomobii Malaysia (Proton). However, besides light commercial vehicles, the company will
      MBT  -  290 words
    • 287 15 Bernama ES PROPERTY GROUP IGB Corp Bhd expects to sell the Queen Victoria Building (QVB) in Sydney at the "right time and right price". IGB managing director Datuk Yap Lim Sen said the group expects to make a profit when
      Bernama ES  -  287 words
    • 693 15 AFP STOCKS went up last Friday with gains in all sectors in active trading, but gilts were looking very dull. The Finsncisl Times Industrial Share Index cloeed up 18.2 points, at 1,790.7. Rising hopes of a positive outlook for the Opec meeting in Vienna were acting as a
      AFP  -  693 words
    • 245 15 MBT FEDERAL FLOUR MILLS Bhd will continue to diversify into refining and milling related activities, say* managing director Oh Slew Nam. The company diversified further downstream late last year when it launched its cooking oil products in the local Malaysian consumer market Speaking
      MBT  -  245 words
    • 156 15 LANDMARKS HOLDINGS says that the board ia appointing accountants Peat, Marwick, Mitchell Co to carry out a detailed examination of the group's state of affaire, to review the operations of the group and carry out a mangement audit The board is also introducing
      156 words
    • 284 15  -  By NAJEEB JARHOM ASIA COMMERCIAL BANK has joined Banque Indosuez in taking legal action against the former chairman of defunct Wannian Holdings, Mr Liew Choon Kee, for hie unpaid debts. A petition to make him bankrupt will he heard on Oct 23 at the
      284 words
    • 367 15 MBT NORTH BORNEO TIMBERS (NBT) will concentrate on its major investment Sabah Softwoods which has extensive interests in plantation logging. Speaking after the company's AQM, managing director Patrick Cassels disclosed that Us stake in Sabah Softwoods is held for the long-term. He said that
      MBT  -  367 words
  • Page 15 Advertisements
    • 89 15 NOTICE OF REDEMPTION LTCB The Long-Term CredH Bar* of Japan Limited NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE STH AUGUST, 1988, CALLABLE AT THE ISSUER'S REQUEST ON STH AUGUST 1987. In accordance with the provisions of the Certificates of Deposit, The Long-Term Credit Bank has elected to exercise
      89 words
    • 566 15 Union Bank of Switzerland Balance Sheet as of December 31, 1986 Loans Current unsecured loans Current secured loans Secured by mortgages Unsecured fixed-term loans and advances Secured fixed-term loans and advances Secured by mortgages Current loans and advances to pubic authorities Mortgages Loans, total Securities Permanent holdings Bank premises Total
      566 words

  • 72 16 SWEET AND SOUR may be a delectable, some would say mouth-watering, name for a pet piglet but that's not news the news is that Kathleen Rebecca (Tyson) Heslop, 47, of Hattiesburg, Mississippi, has an- nounced her candidacy for the Republican nomination for presidency of the
    72 words
  • 509 16  -  By ANNA TEO RESETTLEMENT was the issue of the dsy when Brigadier-Gen-eral (Res) Lee Hsien Loong visited the largely rural constituency of Chua Chu Kang yesterday. There was no forum following the walkabout from farm to farm, but the residents were anxious
    509 words
  • 707 16  -  By SOH TIANG KENG Financial Correspondent THE SINGAPORE SOCIETY of Accountants is keeping s close watch on the latest worldwide swing towards "off-balance sheet" financing and new financial instruments which are "causing enormous strains" to the current accounting system. SSA president Mr Keith
    707 words
  • 694 16 FORMER student activists Isst night related how thsir vision of fuelling the radical element in the Singapors Polytechnic Students' Union (SPSU) led to their link-up with Vincent Cheng, identified by the government as the central figure in a Marxist conspiracy
    694 words
  • 335 16 UPI THE SENATE, in a rare Saturday session, passed an amendment requiring President Ronald Reagan to submit a balanced budget to Congress by Sep 15 and for Congress to vote on a balanced budget constitutional amendment by Oct 1. On a 59-11 vote
    UPI  -  335 words
  • 277 16 Reuter WEST GERMANY on Saturday offered to put more money into the European Community, in a bid to improve its European image ahead of a summit next week, diplomats said. Bonn, faced with a politically powerful farming lobby, has been cast in
    Reuter  -  277 words
  • 137 16 UPI THE CHAIRMAN of Bofors Holding company has said the troubled Swedish arms manufacturer is unlikely to tell the Indian government to whom It paid commission after landing a US$l.3 billion Indian contract. Charges of corruption have stung Indian Prime Minister Rajiv Gandhi's government, prompting
    UPI  -  137 words
  • LATE FILE
    • 47 16 UPI INTERNATIONAL Olympic committee president Juan Antonio Samaranch was Quoted yesterday as saying that the 1008 summer gamee in Seoul would go ahead as scheduled despite political unrest in the country. He was talking to the Barcelona daily La Vanguardia. UPI
      UPI  -  47 words
    • 52 16 Reuter THE flight recorder from the Philippine airliner that crashed last Friday with the loss of SO lives was found destroyed yesterday. A Philippine Airlines spokesman said the discovery set hack investigations into why flight PR2OB ploughed into a mountain en route from Manila to Baguio
      Reuter  -  52 words
    • 65 16 Bernama A HONEY-SELLER who would only Mil to thoee sharing his political belief» provided one of the highlights on polling day yesterday in the Bukit Tuku state by-election. The elderly man, who declared his support for one of the parties contesting the by-election, turned away
      Bernama  -  65 words
    • 33 16 UPI AMERICAN Secretary of Defence Caapar Weinberger yesterday urged Japan to purchase its next generation of fighter planes from the US or allow American participation in developing the aircraft. UPI
      UPI  -  33 words
    • 43 16 AP GURKHA militants yesterday agreed to end their vio-lence-torn strike in northeastern Darjeeling district in return for talks with Prime Minister Rajiv Gandhi and the release of two of their leaders, the United News of India said. AP
      AP  -  43 words
    • 59 16 Reuter THE rift within Britain's Centrist alliance grew wider yeeterday with the publication of scathing attacks by the Liberal Party's president Dee Wilson on Social Democrat (SDP) leader David Owen. In a forthcoming book, extracts from which were published by The Observer newspaper, Mr Wilson
      Reuter  -  59 words
    • 41 16 UPI CHINA'S leader Deng Xiaoping Mid yesterday that he planned to "semi-retire" at a crucial party congress in October, but hinted that oppoeition to his complete withdrswal may force him to remain on the Politburo standing committee. UPI
      UPI  -  41 words
  • Page 16 Advertisements
    • 224 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Keeping the light aglow the Asean way 2. Is there a need for a Women's Desk? 3. Singapore Reinsurance seeks listing on SES main board 4. Khoo
      224 words
    • 46 16 ■ACHEWII KOYAL Ihighlandl l>f It XF. ;iH» >'<»! H V. 12 years old. A Welcome Awaiting. <5 fv O A 0 J TEACHER'S ROYAL HIGHLAND i)K LUXE III.KNDKI) SCOTCH WHISKY r y/./ y k//~,~ 1.. 4 <*■«" 12 c m ry.M. Distributed by: Cold Storage Trading, Tel: *****41
      46 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 103 17 Reuter THE SPANISH PORT of Barcelona was paralysed as office and maintenance workers demanding their own labour agreement started a week-long strike Isst Friday, shipping sources said. The start of the strike coincided with the last day of a partial strike
      Reuter  -  103 words
    • 390 17  -  By LINDA CHEE THE ACE GROUP is making a pitch for more high-yield cargo through a substantial reduction in transit times between Europe and the Far East. The group comprising Cho Yang, "K" Line, Korea Shipping Corporation, Neptune Orient Lines
      390 words
    • 192 17 Seatrade Week TOP MANAGEMENT at Mitsui OSK is using the UK's P&O as a case study in a plan aimed at reducing its shipping exposure from around 90 per cent to about one-third. Mitsui OSK wants roughly equal interest outside shipping in real estate
      Seatrade Week  -  192 words
    • 130 17 Reuter THE SOVIET UNION and China have signed a series of contracts for Soviet ships to be repaired in Chinese ports. The Soviet foreign trade association, Sudoimport, and the Chinese state corporation, Machimpex, had agreed that the repairs and re-fit-ting of five
      Reuter  -  130 words
    • PORTSIDES
      • 86 17 Reuter AN EIGHT-DAY STRIKE by 15,000 port workers in eight Brazilian states ended last Friday after union leaders accepted an 18 per cent pay rise, officials at the Portobras ports authority said. The strikers had been seeking a 35 per cent increase. The only major port
        Reuter  -  86 words
      • 91 17 Opecna INDONESIA will export a single shipment of 500,000 barrels of crude to China by the end of July, according to a spokesman of Pertamina, the Indonesian state oil company. The sales contract was signed recently between Perta, a Hongkong-based Pertamina subsidiary, and China's
        Opecna  -  91 words
      • 80 17 AUSTRALIA'S Liberal Party said it would sell shares in state-owned Australian National Line, overseas airline Qantas and the domestic carrier Australian Airlines if it won the July 11 national election. A Liberal Party government would turn ANL into a public-owned company and offer shares initially
        80 words
    • 1081 18 Seatrade THE INEXORABLE MARCH towards a reversal of the market shares enjoyed by operatorowned and leasing companyowned boxes is not a brisk one. Early last year, leading leasing company Sea Containers came up with the estimate that 53 per cent of
      Seatrade  -  1,081 words
    • 110 18 Reuter TODD SHIPYARDS Corp says that based on a review of its expected cash position over the next several months, it anticipates that it will have to defer payment of interest due on its senior and subordinated debt during this period. As
      Reuter  -  110 words
    • 67 18 AFP THE WORLD'S largest shipment of breeding cattle, including 2,150 pregnant dairy heifers, has left New Zealand for Venezuela, exporting company Animal Enterprises Ltd said in Wellington yesterday. The shipment aboard the Kerry Express sailed from Tauranga on its 25day voyage, a company official
      AFP  -  67 words
    • 262 18 UPI TREASURE HUNTERS hoping to recover up to US$l.6 billion in gold coins have postponed their first foray inside a sunken luxury liner after taking some "great underwater footage". Crew members of a salvage ship anchored south of Nantucket Island are continuing
      UPI  -  262 words
    • 895 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenkiel liner XI 1 Africa Oceon XII 2 Alltrons VII 3 AC Toepfer IX 5 American Tpt XII 2/3 Anro Service IV 2/3 Arrow lines XII 3 Asian Ocean VI 3 Arias line X 3
      895 words
    • 185 18 Reuter NIGERIA'S road haulage industry has won an 85 per cent increase in freight tariffs to compensate for the spiralling costs of vehicles and spare parts. Transport Minister Jerry Useni announced the rise, and a maximum 20 per cent increase in
      Reuter  -  185 words
    • 1237 18 FURTHER easiness for grain movements out of the US featured the freight market on Thursdsy, shipbrokers said. Charterers covered grain from the Gulf to Japsn st US$l3 compared with the Bsltic sub-index for this voyage of $13.60 with tonnage also being fixed for two cargoes on the same
      1,237 words
    • 173 19 THE MAJOR shipping consortia operating between the Far East/European, Far Eaat/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 AMRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      173 words
    • 175 19  -  By Kingsley Wood THE AUSTRALIAN government has put up for sale the wind-swept Swan Island off the north-west coast of Tasmania, following the conversion of its lighthouse to automatic operation. At the end of 1966. Australia had 246 unmanned and 42 manned light stations. They
      175 words
    • 232 19  -  -By Kingsley Wood THE FIRST ship simulator to be installed in any Australian port has been commissioned at Port Kembla. Bought from Maritime Dynamics of Wales by the NSW Maritime Services Board (MSB) for A 5200.000. it comprises software and hardware
      232 words
    • 290 19 UPI FUMES in the hold of a giant US oil tanker returning to Alaska caught fire off the coast of Mexico last Friday, but the crew was able to extinguish the blaze and no injuries were reported. Flames appeared in one of the
      UPI  -  290 words
    • 80 19 Reuter NEARLY 1,000 employees of Bangladesh Shipping Corp have called off their two-week-old strike after the authorities agreed to consider their demands for higher wages and benefits. The employees walked out on June 11 over their demands, forcing the cor- poration to call in navy personnel to
      Reuter  -  80 words
    • 351 19 Reuter GIANT SUPERTANKERS are sailing nearly half-empty from Kuwait's ports in waters previously shunned as too shallow for laden vessels but now vital to keeping the oil lifeline open, Gulf-based shipping sources say. They said the narrow deep-sea channel that served the Gulf
      Reuter  -  351 words
    • 131 19 Reuter THE SOVIET AMBASSADOR to Kuwait was quoted on Saturday as saying Moscow would consider any request to help clear sea mines off the coast of the Arab emirate. Ambassador Ernest Zverev told the Kuwaiti newspaper Al-Watan that the Soviet Union, which had leased three
      Reuter  -  131 words
    • 580 19 A NUMBER of larger bulk carriers changed hands in the second-hand tonnage market last week. Brokers reported the sale of Marin, a motor bulker of 129,088 tonnes dw built in 1982. to New York interests at around US$l7 million. The Beaumont, the 138,890-dwt motor tanker built in Japan
      580 words
    • 9201 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      9,201 words
    • 1981 26 Who acts for whom A B AB Shipping Boustead Shpg Agencies ABC Containerize NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). AHtrans All trans Express. American
      1,981 words
    • 768 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO jr Gdns FCL Arrival LCL movement Ship Voy data/time Operator cargo schedule Location Mont Blanc M 67/749 29 0687 1700 MOSK F5A 0600-0900 P4 Pierce 130W 29 0687 2000 API F8 1100-1200 R1 *V Ushakov 8CE87 29.06.87 2300
      768 words
    • 327 27 AT CONVENTIONAL WHARVES VhmI Bertt i Arrival Dapartura keppel wharves B Seta war K20 alongside 29 06/1200 Jenson K23 alongside 29 06/0700 Jenson 2 K22 alongside 29.06/0700 Jumpa K33 alongside 30.06/0700 Ned Baltimore K18 alongside 30 06/0700 Prousso KI6 alongside 29.06/0600 Straits Pride K25E alongside 30.06/1500 Trans
      327 words
    • 359 28 Lloyd's List MEMBER LINES of the North Europe US Atlantic Conference (NEAC) have been criticised for imposing a 5 per cent currency adjustment factor on the trade. The British Shippers' Council said it viewed the action as a "blatant attempt by the lines
      Lloyd's List  -  359 words
    • 260 28 July 24-Aug Galbraith's Shipping Course 1967. To be held at Ashbridge Management College. Berkhamsted, Hertfordshire. Full details from Galbraith's Ltd, 88 Fenchurch Street, London EC3M 4DN. Telex: *****1. July 90-31 "A practical approach to forecasting world oil demand, supplies, trade and prices". An extensive two-day course given by
      260 words
    • 283 28 Reuter TOURISTIK UNION International GMBH KG (TUI) has confirmed that it planned to take a 10 per cent stake in shipping and travel group Hapag-Lloyd AG. The move will mean a further step in the divestment in HapagLloyd by
      Reuter  -  283 words
  • Page 17 Advertisements
    • 770 17 A WOMAN 0T POWER. SHE SUBSTAHCE NEEDED LOVE. SHE WANTED REVENGE. A WOMAN OF wk*£ 'mjjr SUBSTANCE Bui what is the price igjr? she has paid? f Available at all good bookshops OOCL Orient Overseas Cmtcim* Line wir// SHIPPING AGENCIES (Ihf. Nf. 242*4/00*) 200 CMtoMMHt Iliad #12-06 SoutKpwnt Snppori 0201
      770 words
    • 114 17 mm NEITHER lessors nor operators doubt that more containers are being leased than purchased, ond the consensus is almost as widespread that this trend will continue indefinitely. Page II GIANT SUPERTANKERS are sailing nearly halfempty from Kuwait's ports In waters previously shunned as too shallow for laden vessels but now
      114 words
    • 1071 17 How S.E. Asia upset the logical West mlawous tragic. DANGEROUS iiffifiTEß t '*V* Available at all Good Bookshops STP Oistributors 2 jwong AottJ MAERSK LINE THE FAR EAST AND THE MEDITERRANEAN HAVE BEEN BROUGHT CLOSER TOGETHER BY Port Malay** Kelang This weak AM M Closing Time CY Iff 2300 MRS
      1,071 words

  • Page 18 Advertisements
    • 267 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL HERUVIM SAN JIAN« KOU PT of LDG Aviles-lmmingham TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan KLANG S PORE LOG. FOR PT. KLANG 12/7 B/7 12/» TBN Aviles-Middlesbrougti-lmmingfcam 29-11/7 12/ Hamburg-Antwerp TBN Baltic ports 13-23/7 24/1 TBN Bremen-Hamburg 22-29/7 1/
      267 words
    • 17 18 Lin«s and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 389 18 r«n SENATOR LIMIi v y OUTBOUND TO NORTH AMERICA LOADING DATES ARRIVAL DATES DUTCH SENATOR EF TVS 05.07 <Hjß7 11J7 BELGIAN SENATOR EF M 11.07 2247 25.07 HONGKONG SENATOR EF 707 01.00 06.00 07JO ASIAN SENATOR EF 700 15.00 11.00 ZIJB ACCEPTING CARGO TO SAN FRANCISCO, LOS BALTIMORE NEW YORK.
      389 words

  • Page 19 Advertisements
    • 762 19 The Straits Steamship Group Mansfield Container Shipping PteLtd F&OCLUt p&o Containers Limited CONTJUNERSHP SERVICE TO UK/CONTMENT: cm or Edinburgh FRANKFURT EXPRESS TOKYO GAY LARGS «AT Ha Ht«| B*tava» r«M ap ap ap ap op ap ap an CN MA M M an UK ID W WW** an an an m
      762 words
    • 585 19 C SAV Corrpjnj Sud Americans do Vjpcrcs S A C" #*.IT I DIRECT SERVICE TO/from CHIUE FEEDE* VESSEL S PORE MOTHER VESSEL HK ARKA IQQ ANTOf VALP SAI 1/7 SEA EXPORTER M/ 7 7/1 Ufl 12 SEA EXPORTER I*7 7/1 u» A VESSEL *7 CAR CARRtER m fTOK 2*7) ARENAS,
      585 words
    • 108 19 CHA RGEURS REUNIS f* m 'K AP« >PJ s jinpif s u f s ...jw f a ;?< Optorg Shipping Pte. Ltd t E L MA L v Port i*>H7o< 1 Potatinq Java "">6? f >93 Ppnanq 6T i?4S ABQESTiNAS ARGENTINE NATIONAL LINE 1 G EARBULK LTD CONTAINER SERVICE SPORE
      108 words

  • Page 20 Advertisements
    • 349 20 Hapag-Uoyd CON r AINERSHIP SERVICE TO UK CONTINENT L*V >iy T«*r« «n np vv w 7/* m u/i m m v* an TM wt w 1W CO'.V SEM 1 CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONT AINERSHIP SERVICE FROM UK CONTINENT M'kurf B'hawn Kdwi ItHivr*
      349 words
    • 818 20 *JuM» fIC.&.LINE ,nut imrrmt cwathu FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Mfmbff lhf cf Cot so,lK CHINA CONTAINER «W 1/7 NEPTUNE CRYSTAL 40W 1/7 VERRA2ANO BRIDGE I7W 15/7 TRANSWORLO BRIDGE 3W 22/7 SEVEN SEAS BRIDGE HW \W •PKELAN6 CTRS VIA FEEOfR VESSEL I S port I LoHawo R'dwn f»tow«
      818 words
    • 460 20 K S LINE JAPAN/HONG KONG/STRAITS SEHVIUt SANKYO LINE (S) PTE. LTD 143. Cecrf Street jW 10 04 G8 Biddrnf S po<? OlOfc Fel ??19?b5 Port Keljnt l.jj P«u Stsppmf Sd«i BImJ IH 03 *****74 *> Penjnf Trade transport ltd Tel 04 *****3 Pjs» Gudjrif Malaysun Slnpp«if Agencies Sdn Bhd lei
      460 words
    • 1277 20 EVERGREEN full CorlW.H S-,\ Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) E m tf 1 Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) EVER GRACE EVER GENERAL EVER GRADE EVER GAINING EVER GUEST EVER GOODS EVER GROUP ALSO ACCEPTING I QOTMENOUR& AAA SGP HBC 4/7 23/7 0/7 30,7 11/7 vt LONOON SOUTMARTTON. HAMCMCSTII UtSTEtDMI VIA ROTTERIM* OUTBOUND
      1,277 words

  • Page 21 Advertisements
    • 498 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE KOTA MNOA MAJAPAHIT QOWA JKT MY SIN HKQ KAO KEE HUR *MTC *YOK NOO KOG tm PI mm 717 VT 14/7 IVT 17f7 V 7 11/7 inn iw? tin a/7 mn mn tan
      498 words
    • 184 21 "I®)/ 3 NORBULK CARGO SERVICES LTD. REGULAR CONVOITIONAL TIMBER AND PLYWOOD SERVICES TO UK CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL 22JWtt MALAYSIA SP YEO SHIPPING 4 TRADING Kl P* ftffilO! PENANG TANJUNG MARINE SDN BHD TEL SABAH TRANSPAC K BMS-TTL?© PACIFIC NAVIGATION CO.
      184 words
    • 514 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVfCE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE NEW ZEALAND FUI AM HAND, PAPVA I S9VTI PACIFIC SIR mm LAI KM SYDNEY TA/M HA TU TWIT TUXM (LUFF WW U W UH
      514 words
    • 338 21 DJASAGETRI A Joint Europe Service Of: P.T. iMKMTA LLBYI P.T. 6ESBSI LLGYB p.t. tttssoii imm\h p.t. mum nm CONTAINEIKSNIP SERVICES u a i ,vid BILBAO BREMEN A'DAM/R'DAMH'BURG lift n! ni vt an a* a* is/I u/» 22/1 21/1 2S/» Z7-9 1 10 also' conventional cargo via t/s to uk PORTS,
      338 words
    • 399 21 BOUSTEAD SHIPPING AGENCIES PAGAN VI15I) AVA V* pa-an mm BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang I 5/7 July 12/15 July IS/17 July Mini tor turop» TAMAITAI SAMOA V.ION FORTHBANK VIM IVY BANK VI9N MEADOWBANK VUN SPORE ROAM MOLL v s> TAUSALA SAMOA VIOS Spore
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  • Page 22 Advertisements
    • 1221 22 K Line □HIPPinG-DfITR V\Vv.v-.'> ATLAfITIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHIS NFK NYC HFX 0. FAITH V 3 27 Jun 3 Jul 25 Jul 4 Aug t Aug I Aug 12 Aug 0. FRIENDSHIP V 3 U Jul 14 Jul 4 Aug 13 Aug 15 Aug 17 Aug 21
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    • 675 22 AUSTRALIA EXPRESS CONTAINER SERVICE Ace*pMna FCUFCL ConMtiwr* Faadar M4m| Unar *mi S port IkWt frati Sy*i km Ham im€m M "CHAMWDAT IX 2MyI7MyS My Z3 Juiy AM/Bra g™"W'» 10 My "KABIRDAS" ¥JS 20 My 3A« 12 Aa| 10 A« Adtf/Bns S i A O S 10 A«| 25 Ami 3
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    • 689 22 GOLDEN LINE GUM) OMR SHFTfK (PTE) LID 73 T*A if Mrwi mtmm MM m uuw <ia i»i Fa* M TRAITS/PERSIAN GULF SEP""*: run P .KatavPan OOLDCN WONDER Cotart»/Mr«eh./Oyta. 14/UMy- OOLOEN KM CaMa/KaracMtacat/BateaM 21/8 inly— CHINA SERVICE A VESSEL f" CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA J.-I-
      689 words
    • 383 22 I'S3 PHIL I IRON SHIPPING HGtNCIPS Pit I IP PHI 11 OR UNI (iN(S PTE lID Ht»[' i>f r f p iftifr.o* PO*o ffjst<" BIMIDWf. MHCAPORf 01 < 11' Hit I RS P4II mi :t MIDDLE EAST/FAR EAST FCL A LCL SERVICE VESSEL ETA SINGAPORE DESTINATION a» rrrrr EAST/WEST AFRICA/MED
      383 words

  • Page 23 Advertisements
    • 885 23 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FHIY COtfTAJNBUSED TO EUROPE/UK (VIA SUEZ): S>,. C CONTAINER 4PN In Port 1/7 N CRYSTAL 40K. S/7) 1/7 VR MIDGE «7». (13/7) 15/7 TW BRIDGE m (20/7) 22/7 BRIDGE n>. (27/7) 29/7 ACE CONCORD MM. 3*) 5* FROM EUROPE (VIA SUEZ) NEPTUNE AGENCIES
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    • 358 23 HEUNG-A SHIPPING Korean Flag Vessels DO»i«M SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG.PENANG BUSAN INCHON S PORE AGENTS NEPTUNE AGENCIES PTE LTD Tel 2T0112.*****14 *****10 *****22 (Oswrjt.ors) r22«' *****84 (Terrr nji) *****5 C *****04 (CPS) MALAYS* AGENTS TUNAS SETIA SDN BHD PI Tei 2'405»77«55; P* Tel fc«S%4 *****20 PEN Tel #"375
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    • 542 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P «i amc PENANG ■ifS HAMMING SYSTEM CO SON. MO. MESSRS MAI TMONG SHIPPING 127 Pimm Strait,
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    • 72 23 FERI MALAYSIA SDN. BHD. v IP! ONIAINfP PA|l f IJSI[) WHKIY MRYtH to hiifiNTEN KDCHING MNAPAIt) AISO ACCEPTING SUF ORIVf N Hf AV* VIHICKS •wras^AHVOYAGE tNM KUANTAN KUCHMQ KOTA I PM i«i nm rrm nm mm IM7 11*7 12/V7 14*7 17A7 IM7 IM7 *I*7 19, K«pp«t toad #05-02/03 ill Poh
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  • Page 24 Advertisements
    • 383 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225-6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VI H DEUTI HACHT SEEREIDERH ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE O EUROff rv > :ai <i "■mi LUImII I' I "If 'IrMMITBMm •VIA COLOMBO: Accaptmf car«> for INDIA Bombay, Cochin 4 Madras; EAST
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  • Page 25 Advertisements
    • 335 25 .•.•.'.•■v.v.'iv.v. CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 DM WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE B. BUTANG B BUTANG B. BUTANG 11.07 SELANDIA 25.07 B SUB IA OTHER DESTINATIONS: AARHUS, AMSTERDAM.
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    • 260 25 MN CONTAINER LINE lICA 28/6 TO: LA/LB, OAK/SF, N.YORK W* l 5/7 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/I PI HI I DAILY ACCEPTING LCL/FCL TO:7T FT. KEJIM MBTMIU 111 l.i. Till.ll I lII' J PORT TO DELY: FT. KELANG TO KOTA KINABALU IN CONTR SVS MAC-NELS AGENCIES PTE.
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  • Page 26 Advertisements
    • 182 26 FROM: EUROPE (EAST-BOUND) l 1 MB 1 Ml T Ml. M SUNSHIP AGENCIES PTE LTD 20 McCotom StrMl #16-01/03 «o Otombm, Singopor* 0106 Tefc *****22 (7 Bmt) Fox: *****05 ITYSU KIE GWAN SHIPPING (M) SDN BHD. AGENTS: P. Katong. *****22, *****62 MALAYSIA TRADE 4 TRANSPORT CO SON BHD Parangi *****3
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    • 463 26 FINE-LINER SHIPPING PTE LTD 70 Shenton W«y 04 02C Marina House. S pore 0207 BLM, 'u snenion way IM 02C H-M\ TEL *****77 (6 lines) TLX.RS ***** FLINER J EUROPE SERVICE nr-M.y.iiEfiM,T" ■runTMiVui. 1 1 fir.iiM FAR EAST SERVICE 15.7 177 H. 7 3L 7 mr up up w up
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    • 536 26 ZIM FULL CONTAINER SERVICE fCULCL carton to USA Esst A Nest Coast. Carrrbbean.East Canada, HAITI. Port Au Spain. Barbados N ST. LUCIA. AUSTRALIA CONTAINER SERVICE ACCEPTI* CAMO TO ADELAIDE VIA MELBOURNE AW) ALSO Fa TO GUAM. r* ZIM EILAT CONTAINER UNE VESSEL SIN |ETH CHINA EXPtESS 2.7 |117 ZIM AUSTRALIA
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    • 551 26 Everett Lines compania peruana DE VAPORES "PERUVIAN STATE LINE" t 0 1 to l^* 4 o ,t,r ni ad othr Peruvwi ports with transhipment at Kobe On CPV Th'oujti Bills ol to final destination Penang* P. Kelang Sinppore HUGH EVERETT 12/13 Jul MANOLOEVERETT 2V27 Jul JOHNEVERETT 9/10 Auf "EVERETT ORIENT
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  • Page 27 Advertisements
    • 183 27 Hamburg West Germany Tiger Line Common Carrier Feeder Services VESSEL VOY SINGAPORE CALCUTTA MADRAS Common Carrier Feeder Service For Main Line Operators Only. Agents: C.F. Sharp Company Pte. Ltd. Telephone: 220 1422 Telex: RS ***** ahrenkiel liner service CONTAINER i BREAK BULK SERVICE TO/ FROM PORT LOUIS AND DURBAN ALS
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    • 206 27 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S'PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFFKI Y HAIKOU, ZHANJIANG XINGANG, QINGOAO SAILINGS SHANGHAI OTHER PORTS StttCAPOftE AGENTS: *AP» UNPPWQ PTI LTD TEL: S3SM4 TLX: ***** v..: PKELANG/KLUMPUR AGENTS: fowtnaw eemnces em. TEL *****55/ 733M8 CONSOLIDATION SERVICE
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    • 173 27 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE .(S)HANLIM SHIPPING CO., LTD. REGULAR UNER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME Manlim Mascot V.24 Korean Ruby V.OB S pore LDG FOR 7/7 Bombay 4/7 B. Abbas Not*: Space available for timber/logs from E W Malaysia to E W Coast India subject
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    • 575 27 i£2 CQMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT OUTBOUND TO MEDITERRANEAN OTA FItOCT SK*E "f* I PNG rnr-iTT OUTBOUND TO W AFRICA r*7T TEMA LOME nrvijT I. "1.l* 1 H INBOUND FROM EUROPE/FOR FAR EAST PORTS All Data*. Mi t Rotation
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    • 475 27 H P M LINf CONVENTIONAL LINER SERVICE JAPM/STRAITS/JAMM jut> am Juty EXPORT Stnpport MMm| PMM| POMEX PIONEER 1* i«»y Via July 2M» f ■TOUT POMEX PIONEER IB Jut* */Z7 Juty 2W» Cargo will occ»pl to Jopon Ports including twovy cor 90 Inoi 3D R/T) sUxact »o cargo indue#"#"! All portio»ton
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  • Page 28 Advertisements
    • 382 28 S FARGO SHIPPING COMPANY (PTE) LTD. REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From UBA/Can«da/Europ«/M«dlt*«Tan«an Vti E. HUDIG BRUSSEL ANTWERPEN C. VEROLME I WMEJIM&iMEXM 200 Cantonment Road £02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49
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    • 580 28 Alrk Ocian Lv«fs Ltd. ACCEPTING FCL/LCL ft BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL CARRIBBEAN EXPRESS M/V EKESOS ETA SPORE 9/7 6/8 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMKOWTAftR SERVICE TO TAMAITAI SAMOA VION FORTHBANK VI9N IVY BANK
      580 words
    • 94 28 MODERN DUTCH FLAG VESSELS m Arrow Lines r, S'PORE/COLOMBO/S. AFRICA I.l*. Singapore Agents BAKKE SIME DARBY SHIPPING PTE LTD Tel *****88 *****26 Egyptian Infrnttood Shipping Company •< SERVING DIRECT TO/HOM PORT SUEZ, Al BUl—>, AND KM •AJD BY EGYPTIAN FLAG VESSELS WtSTKXJWO TO ECffT TLM~ Vt» ETA WOM M JULY
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    • 459 28 WJ mt Mitsui OS K. Lines JLtd FULL CONTAINER UK/CONTINENT (TRIO) an or enm FRANKFURT a K HAIKU KITAHO HARU TOKYO lAT LAMS lAT MUm| S'lm N'kurf Braan RAmi U N mn an ap an an an ir an to* u? <JU rn M mn «K ''9 9 9 9
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  • Page 28 Miscellaneous
    • 178 28 M Regional weather n i •%2 A <** > V i*A 3K y ILs£ cr 1 Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGENDR Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots V Wave height Cloudy
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