The Business Times, 28 July 1987

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, JULY 28, 1987 75 CENTS
    12 words
  • 173 1 HK Hang Sang Max *****7 3.27 Tokyo Nfekoi Avorogo *****.98 (+140.07) Sydnay Ai-Ordlnorias 1998.0 (-Ol Frtdoy Now York (Dow Jonas) 2485.33 (+13.39) London (FT 30 Mox) 1845.0 8.9) THE S$ cloaed higher againat the US$ at $2.1140/50 ($2.1155/85) in quiet trading y««terday. It aiao roee againat the
    173 words
  • 345 1 THE STOCK MARKET yeeterday continued to focus on First Capital Corporation, with rumours of a suspension early in the day adding to the general atmosphere of uncertainty. The Straits Times Industrial Index fell 23.38 pointa to 1.338.37, while the BT Composite Index fell 22.38 points
    345 words
  • 672 1  -  Acquisition through share exchange By AMY BALAH FAST-MOVING United Industrial Corporation (UIC) is making s surprise $305-million takeover bid for First Capital Corporation (FCC). This follows agreement reeched yesterday whereby UIC is to acquire 38.06 million aharee or the entire 23.82 par cant
    672 words
  • 444 1  -  By LEE HAN SHIN Property Correspondent THE SUCCESS of its two acquisitions proposed in the past week will make detergent maker United Industrial Corporation one of the biggest property companies in Singapore with some $600 million worth of properties under its wings. Yssterday, UIC said
    444 words
  • 382 1 Bernama ES BANK NEGARA GOVERNOR Tan Sri Jaffar Hussein said yesterday that the major challenge over the coming months was the management of the recovery process. He said that a major element of such a process would be the management
    Bernama ES  -  382 words
  • 75 1 Bernama THE MALAYSIAN National Front Youth Council will moot in about two woaka to discuss the national economic recovery plan drawn up by the Youth wing of the United Malays National Organisation. Acting Umno Youth head Datuk Seri Najib Tun Razak said in Kuala
    Bernama  -  75 words
  • 501 1  -  ■y ELAINE KOH PETER THAM, the ax-director of Pan-£lectric Industrie#, is to help the Commercial Affairs Department in its investigations into the activities of the dsfunct group. This could lead to legal actiona against certain parties and the recovery of
    501 words
  • Page 1 Advertisements
    • 106 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM ^~>:?<^=&&'%$|^{^)'[{~'@)*`.="{ .Ybur voice turns me on, And off! SOfJ7 5 I 81-500 Avoid •VOR (voice-opefated recording) hands-free operation «H (High):VOß operates at smal sounds •L (Low):VOR operates at bigger sounds-OFF Normal recording only Fast playback. Listen to the tape contents rapidly. (+30%) Two tape
      106 words
    • 302 1 Fast food, fast turnover THE FAST FOOD business took off in Singapore with the arrival of the big hamburger chains from the United States. Since then, the casualty rate has been high as others climbed onto the bandwagon and fell off when the competition heated up considerably. As they have
      302 words
    • 6 1 BUSINESS TIMES F«c Tttoc M *****
      6 words
    • 133 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC LL BACK PAGE Mobil Mis aside $40 million to improve roflnory operations Details of a study on long torm CPF rates, plus flha other Issues that will be discussed at today's Parliament session To be perfectly franc, it§ the million dollar question. Round for pound,
      133 words

  • Page 2 Advertisements
    • 464 2 When you consider the size and variety of the financial risks that almost every large company has had to manage, it's a tribute to their treasurers that any companies survived at all let alone emerged successful. With a blend of science, creativity and (occasionally) crossed fingers, company You're producing great
      464 words

  • HOME NEWS
    • 655 3 Seminars and courses DURATION TITLE VENUE OftGANBER TELEPHONE Aug 1 Type and Design Pavilion InterDataseorch continental Resources Awe 2 Getting Started in Century Park Buiinoii god *****76 Small Busman Sheraton Industrial Management Pte ltd Aug 2 Developing Century Park Business and *****76 Opportunities for Sheraton Industrial Small Business Monogement
      655 words
    • 427 3 THE SINGAPURA Building Society (SBS) is diversifying into new lines of businesses, including the sale of travellers' cheques snd factoring services. At the same time, with banks now dominating the housing losn market, pub-licly-listed SBS is fighting back with interest rats reductions snd other benefits
      427 words
    • 435 3  -  Health Ministry turning to private suppliers By WILLIAM CHIA A MAJOR PURCHASE of pharmaceutical drugs worth $1.6 million by the Ministry of H«slth appears to mark the start of a policy shift which will see more private companies supplying medicine to government hospitals and clinics.
      435 words
    • 177 3 A NEW "wage reform" collective agreement will be signed tomorrow between the Singapore office of Thai Airways International and its staff who come under the Singapore Manual and Mercantile Workers' Union. Negotiations started in January this year, and two months ago the
      177 words
    • 235 3 SIX JOINT PROJECTS to improve the efficiency of the civil eervice will be conekJered by bureaucrats attending the 4th Aaean Conference on Reforms in the Civil Service. The heed of Singepore's civil service, Or Andrew Chew, said this in his welcoming speech at
      235 words
    • 128 3 THE NET tangible «Met (NTA) backing per share of some companies published in the BT Top 100 table on July 7 were wrongly computed. They are Cons Plant (par value 50*), H Leong Ind (50*), IQB Corpn (50*). FELS (50*) and Quinness Malaysia (50*) with NTAa of
      128 words
    • 142 3 ESSO AUSTRALIA is spending about $720,000 in Singapore to reward 400 dealers and distributors for reaching target sales. The Australian group, which calls itself Tiger Trailers, arrived in Singapore over the weekend as part of a nine-day incentive tour. About 130 other people, mainly spouses
      142 words
    • 161 3 MOBILE TELEPHONES which can operate up to ftva Kilometre» from Singapore's shoreline can now be used on boats. The new ruling from Telecoms comes into effect immediately. Normal charges for cellular mobile telephone service will apply to sets used on vessels. Two features, three-way calling
      161 words
    • 80 3 QUALITY EDUCATION should be planned in such a way as to provide knowledge that teaches people how to work smarter and not harder. This will be the meesage from Or Thomas Barry at the next breakfast talk for chief executive officers organised by
      80 words
    • 97 3 JAPANESE department store, Sogo. which expects sales to exceed its target by 10 per cent is spending $700,000 to expand its Raffles City store. Renovation work is underway to pr spare tor the opening of an additional 900 sq metres of shopping space by next
      97 words
  • Page 3 Advertisements
    • 50 3 WOODS from: £63 per wk CAR RKNTAL Unlimited mileage inclusive VAT Over 20 year*a experience Fleet size 1,000 vehicles, al less than one-yecr old Beet service at competitive prices Alao avaNable self-drive hofidays (car hotels) in UK. ANGLO FRENCH TRAVEL SCENIC TRAVEL #10-03AaiaChambers, #01-02,IIOKNneyRoad, i Tel: *****22. Tel: *****88. 2
      50 words
    • 92 3 Builders Advanced tedmoiogy in outstandhg designs. dean, dear icpioduaions plus a host of top features make MQMCA uax one of tf* most popular brands of copters in the world. Eadi is designed to icduoe cost making the WONCAOBKaxwryattracdveh"" ■■yJzJ PAN PA( II l( >1t 1 I \v y \A 111
      92 words

  • ASIA-PACIFIC
    • 562 4 Fijian coup leader plans to double size of military Reuter THE LEADER of the coup that toppled Fiji's elected government last May has plans to double the size of the military and says the army must be prepared for 15 years of tension in
      Reuter  -  562 words
    • 512 4 NYT THE PROLONGED WAR in Cambodia between Chinese-backed resistance forces and Vietnamese troops is giving China the chance to strengthen and expand its influence in South-east Asia. Regional officials and scholars in Bangkok say this is happening at a time
      NYT  -  512 words
    • 152 4 AFP THE INDONESIAN vehicle industry produced 84,686 cars in the first six months of this year, slightly higher then the 83,031 units produced in the seme period of 1986. A spokeswoman for the Association of Car Sole Agents and Manufacturers (Gaikindo) said yesterday thst the increase
      AFP  -  152 words
    • 374 4 Reuter THE RACE has begun to replace Japan's Prima Minister Yasuhiro Nakasone. due to step down in Octo--ber, but the three leading tontenders have yet to spelf out what polities they may follow If they take office. In the faction-ridden JworkJ of Japanese politics,
      Reuter  -  374 words
    • 547 4 UPI PRESIDENT MOHAMMAD Zia ul-Haq of Pakistan, using his de-crss-msking powers to respond to s wave of bomb attacks, has crested speciel tribunsls with brosd suthority over cases of terrorism and other crimes, the Justice Minister ssid on Sunday. Ths ordinsncs, signed by
      UPI  -  547 words
    • 816 4 ARRIVALS Operator JirVKl number Local tinw From GU SU SU SU THAI Al MAS GU SU SU SU GU AY SU SU LUFT GU SU SU SU THAI SV GU THAI CPA KIM SW* MAS GU MAS SU SU SU SU JAL GU GU ANZ MAS SU
      816 words
  • Page 4 Advertisements
    • 353 4 ASSOCIATION OF MERCHANT BAlffcS IN MALAYSIA Presents a SEMINAR ON THE MALAYSIAN CODE ON TAKE-OVERS MERGERS KEY ISSUES AND PRACTICAL IMPLICATIONS Officiated by Y.B. Datin Paduka Rafidah Aziz Minister of Trade and Industry Malaysia Keynote address by Y.M. Raja Tan Sri Mohar bin Raja Badiozaman Chairman, Panel on Take-overs Mergers
      353 words
    • 55 4 I V If fly The business person's choice, every I I II I II Tuesday, Thursday. Saturday and I Ml 1 I Sunday. Leaving Changi Airport at A -1— _L 22:05 hours and arriving at Lester B Pearson International Airport the following day. Call your Travel Agent or Air Canada
      55 words
  • Page 4 Miscellaneous
    • 189 4 City Max/ Adelaide Aimterdom Athens Bahrain Bangkok Barbados Beirut Belgrade Bermuda 12/07 16/10 41/27 43/32 35/27 30/25 35/24 30/24 32/24 17/08 29/26 18/10 21/11 16/11 24/16 40/24 27/12 14/03 27/18 35/23 17/12 30/23 17/11 18/09 25/13 33/24 17/13 15/03 28/25 33/22 32/21 33/21 34/24 Oowdy Clear Clear Ooar Sunny Oowdy
      189 words

  • Page 5 Advertisements
    • 435 5 wv&k -li-J us *.ir* 'f. t K?y&i i JSfc W .•> !K$ Occasionally, one has to put ones' foot down to show who's in charge. ifl 7f6 watrj EV L V **-i V& V < v sn r< r I :T\' *7? rv vt: X' s t- J -i ca
      435 words

  • REST OF THE WORLD
    • 531 6 Benefits derived from exchange rate change NYT AFTER SCREAMING about being priced out of markets when the dollar soared in the first half of the decade, companies across the US are beginning to see its decline translate into healthier earnings. The Boston-based Polaroid Corp
      NYT  -  531 words
    • 221 6 AP SOVIET LEADER Mikhail Gorbachev says a key sector 9m nation's economy ia Nwprowiwg but still falls short of Wm performance needed to spur rater ma. The official Tass news agency said-yesterday that Mr Gorfeechev addressed a special conference on the machine-building industry
      AP  -  221 words
    • 327 6 UPI FIDEL CASTRO, in a speech on Sunday night marking the 34th anniversary of the start of his revolution, likened a Cuban general who defected to the US to a rat leaving a sinking ship, but quickly assured Cubans that their
      UPI  -  327 words
    • 426 6 NYT NEW ORDERS for Americanmade machine tools rose 9.4 per cent in June, after strongly encouraging increases in May, and shipments increased 11.9 per cent, according to a report released yesterday by the National Machine Tool Builders Association. Despite the advances,
      NYT  -  426 words
    • 291 6 AFP PANAMANIANS flocked to supermarkets on Sunday to stock up on food and queued outside petrol kiosks ahead of a two-day strike aimed at undermining the military-led government. The strike has been called by the National Civic Crusade, a coalition of more than 100 businessmen's
      AFP  -  291 words
  • Page 6 Advertisements
    • 194 6 I v 0 J, \r A K5 u. C 3 I *v *r X X i m CL Come and celebrate with us We're celebrating Volvo's 60th Anniversary from now till 8 August 1987. It's our birthday but you'll get the gift. Come test-drive any of the rugged, long-lasting Volvos
      194 words
  • Page 6 Miscellaneous
    • 57 6 Doonesbury ABU! KID! ENOU6H M7H THE TERMS LET'S talk SK V6HUB! OUR BOY (MS A BOXER AT ANNAPOUS! m frt 8 m m m WAT? NO MY, KID! THEFTS NOT A ROOM IN VB6A6 COULD HANDLE 1T... OKAY, CAR BOMBS IT isi but you om MB ONE, BABE! ss m
      57 words

  • BANKING AND FINANCE
    • 618 7 AP MORE THAN six weeks of civil unrest in Panama have created jitters at home and abroad about the country's borrowing ability and its position as one of the world's leading banking centres. "There's no panic," said one American banker with offices in the capital,
      AP  -  618 words
    • 193 7 Reuter THE VATICAN has denied that its bank is responsible for the 1982 crash of Italy's Banco Ambroeiano, saying its officials were unaware of illegal activities attributed to late Ambrosiano chairman Roberto Calvi. The denial came in a broadcast by Vatican Radio last
      Reuter  -  193 words
    • 676 7 FT AFRICA owes US$l75 billion, is having difficulty in paying it back and slips further into debt every day, the president of the African Development Bank (ADB) said in outlining some of his ideas to cope with the crisis. "The African debt problem is like
      FT  -  676 words
    • 148 7 Reuter THE BANK OF FRANCE could cut its intervention rat* from per cont whon it holds its next money market tender on Aug 4. But banking sources said the rate would not fall below 7 per cent given the inflation differential with West Germany, which
      Reuter  -  148 words
    • 100 7 UPI BANK OF JAPAN Governor Satoahi Sumita said yesterday tha central bank would continua its aaay monay policy despite anxiety over its affacts on prica movements. Speaking at a meeting of central bank officials. Sumita said it was expacted that the domestic economy would
      UPI  -  100 words
    • 754 7 Analysts cite inflation and uncertainty as reasons NYT TREASURY BOND yields in the U8 have increased nearly half a percentage point since early this month, aa a negative tone has spread through the bond market ahead of a heavy supply of new issues. It
      NYT  -  754 words
    • 288 7 Reuter THE BANK OF ENGLAND will hold Hi Mcond auction of UK government bonds (gilts) in the middle of September when it will suction up to £1 billion of a long-dsted, more then 15-yesr stock. The precise date and terms
      Reuter  -  288 words
    • 85 7 AFP ARGENTINA DEVALUED its currency the austral by 0.91 per cent, the seventh devaluation this month, aocording to the central bank last Friday. So far this month, the adjustments to the Argentine currency have totalled 7.77 per cent The commercial rats for the
      AFP  -  85 words
  • Page 7 Advertisements
    • 56 7 THE FEDERAL SINGAPORE HOTEL For Sale By Tender ,-r> h 4 m ■sirs® «4 f--1 J r de Tht nqapore Ka yi^i H I fi SSPiSs* m-i s 3"! vm-. Wh* 5»7 U?S| &fyS3Fsss ji!*?* W.:*> V R?> mm «»»?isftf?*;»- -«v:.3 5 m K£ r n wm -S-, i[2_«Ar ,f
      56 words
    • 159 7 MM A •r-. ft r >* 4 Z$ V y 1 i.: 1 >47? P f*» V w* v»^SKs:v?!i 4 i iii§®<f J? r 4 S At :v >? n 3r iV rw <*? L > n%*? j W*; .4, rs party flme c#lhe Hyalt Wiener you am hddng a
      159 words

  • COMMODITIES
    • 552 8 Bernama AGRICULTURE MINISTER Datuk Seri Sanusi Junid said yesterday that it was time for Malaysia to adopt a more nationalistic attitude with regard to food, the import of which comes to about Ms 3 billion a year. Malaysia must strive to be more self-reliant
      Bernama  -  552 words
    • 220 8 Bernama A 160,000-HECTARE site in Trengganu's Besut District is believed to be rich in gold and tin deposits. Mentri Besar Datuk Seri Haji Wan Mokhtar Ahmad said the area included about 80,000 hectares in Hulu Besut end another 80.000 hectares
      Bernama  -  220 words
    • 541 8 AP COFFEE-PRODUCING countries will meet to drsw up a proposal tor the reintroduction of export quotas to be presented to consuming countries in September, according to delegates to the International Coffee Organisation. Speaking at the end of a meeting of the organisation's executive board last Friday.
      AP  -  541 words
    • 232 8 AP A PRIVATE STUDY showed that US tobacco exports posted s US$5O2-million surplus over imports in the first quarter of this year, a 22-per cent advance over the same period of 1986. The report last Friday by Wharton Econometrics of Suburban Philsdelphia contrasted
      AP  -  232 words
    • 94 8 Reuter THE SOVIET UNION has planted 35.3 million hectares of grain for the 1987 harvest under its inten* sive technology programme, up from 30 million hectares in 1966, according to the US Agriculture Department in its World Producr tion Trade report While the total
      Reuter  -  94 words
    • 122 8 AFP TAIWAN'S Pan Ocean Forest Development Company Ltd has signed a joint venture agreement with Malaysian interests to export locally-produced rubber wood. According to a report from the Bernama news agency, the Ms 3 million (US$l.2 million) venture will become operational early next year
      AFP  -  122 words
    • 344 8 FT A DETERMINED legal challenge to US domestic (arm subsidies, which could caused a new trans-Atlantic trade war, is currently being mounted by French corn growers. Their complaint, likely to be lodged with the European Commission in the next few weeks, alleges that
      FT  -  344 words
    • 97 8 KLTM tin price yesterday roee two cents Irani Friday's level to dose «I M 516.10 per Idto In moderate trading. Some brisk buying Interest of 219 tonnes wae noted at the start of Vie market, while sellers offered 10t tonnes, sntfdpstfng better prices* A
      97 words
    • 122 8 CtilntM Product Exchange SiNtft' noon dodnQ prio July 27 (SS/100 kg) m on Coconut oil Mk FOt OM drvm FOt Now drum FOt 96X0 106X0 110X0 Copra Mind (Ioom) 57 Mton Pepper FOt NLW 1150.00 Sm (W>ufc vMlt FOt foq NIW 1135X0 Smowak black FOt NIW ***** Sarawuk
      122 words
    • 258 8 Reuter SMQAPORE THE MARKET yeeterda* closed slightly lower with August One RSS buyers quoted at 215.50 cents/kilo, down 0.50 from lest Friday. On the TSR-20 market, trading waa very quiet all day but pricea were marked up in line with the RSS market TSR-20 Auguat and September cloaed at
      Reuter  -  258 words
    • 287 8 RAS prices msc anta/kg, FC >0 In bate NOON CLOSE Rvyan *-M Rwyan Setters hlKSPrw *pt 217.00 21 8.00N 217.00 218.00N ln» 1 RSS Aug 87 215_50 216.00 215 JO ***** tat 1 RSS Sap 214.75 215.25 ***** 215.25 tat 2 RSS Of 21 M0 213-50N 211
      287 words
    • 84 8 (canft/kg. 1-Mn poWeti) AUGUST 87 SEPTEMBER 87 (currant month) (forwor d month) NOON NOON RAS Bwy«r* SWton kytn S»hn SSI 20 1MJ0 190JON 168.50 190 JON SSI 30 187.00 1M.OON 117.00 1MOON MRELB %vr9n Saftan lvr*n latin i SMI CV 261.00 *****N 269.00 271 -OON SMI I
      84 words
    • 81 8 CRUDES and petroleum products cloeed easier in the East Aaian spot market Last week's hiatus over a possible flare-up in the Middle East appeared to be forgotten and moat traders turned to profit-taking and abort aalea. DmM (Sapt) WM T«U» US$/borr«» 17 A3 Chang* -0X5 wn»C»' 20-50
      81 words
    • 252 8 Crude palm oN Mares yesterday closed off the day's highs on lack of follow-through support August and September closed Ms 4 and Ms 3 higher respectively at $881 per tonne while October and December were up $2 at $878 and $882 respectively. Turnover fell to 251 lots from
      252 words
    • 347 8 HONGKONG: GOLD yesterday closed slightly lower in fairly slow and dull trading on continued selling by local physical traders. Dealers said the sell-off partly reflected the firmer tone of the US dollar continued tension in the Middle East and Gulf areas provided little support The metal ended at
      347 words
  • Page 8 Advertisements
    • 259 8 YOUR GCSE/QCE OR 1 PROFESSIONAL EXAM SUCCESS Study at home pass first time with The Rapid Results College ACCREDITED BY COUNCIL FOR THE ACCREDITATION OF CORRESPONDENCE COLLEGES Complete Home Tuition Service RRC Self-contained courses specially prepared and regularly updated for GCSE/GCE *0' and 'A' levels and Professional exams Unrivalled tuition
      259 words
    • 118 8 THE WORLD ON A PLATE Includes RETURN RRST CLAM MR FARE 'Cootong demonstration using the microwave oven Welcome seafood (inner Lunch at Jumbo Restaurant Go as you ptease MTR booklet,* Visit jewelery factory Shopping at Stanley Market 3 rotes deluxe accommodation in Hong Kong 2 rotes deluxe accommodation in Macau
      118 words

  • MONEY AND EXCHANGES
    • 579 9 BA Futures SEPTEMBER Eurodollar yesterday opened gapped down at 92.65 as dollar s failure to rally on a stronger than expected second quarter US GNP weighed on the market. Trading however remained in narrow range as there were no fresh factors to move the market The September contract ended
      BA Futures  -  579 words
    • 1440 9 Reuter SINGAPORE: THE US dollar yesterday closed narrowly mixed against major currencies after fluctuating on shortcovering and selling interest in thin trading, dealers said. They said most operators were unwilling to take large positions due to uncertainty over the dollar's near-term direction after it failed to respond to
      Reuter  -  1,440 words
    • 317 9 Asian market ASIAN dollar deposit rates yesterday closed little changed from opening levels in quiet afternoon trading. Dealers said activity was slow in the afternoon as most operators were sidelined in the absence of fresh factors. Term rates were steady to slightly firmer at the outset following news of a
      317 words
    • 57 9 THE OVERNIGHT rate on the Singapore interbank market rose 1/4 point to close at 3-3/4 per cent yesterday. The term ratee remained unchanged. S$ Interbank rates at 7pm yesterday: ora k> Ow 3 1/3 3 1/4 1-MOT* 4 1/1* 3 13/1* 3-Mrth 4 3/1« 4 1/1* 3 4
      57 words
    • 84 9 Treasury bills Parlod bsuo Yostordoy'i dosing Day's code Maturity BO OFPEt MGH LOW 3 niumtn BQ*****A 22.10.87 3.08 2.98 3*2 2.99 6 wioKln IS*****Z 21.01J8 3.12 2J02 1 yoar •Y87T00S 30.06.88 3.18 3.08 Government notes and b ondi 1 Period ISSUO Maturity Coupon YtMrdo] f'% dosing Day's
      84 words
    • 186 9 In die In win|i 1 •w prtow tondhig r*M of 11 wjpr banks In t'por* Interbank market r ataa (offer/bid) on July 27 us$ DM SWFC Y«n 7 dap 3/4 J/t 1/3 1/4 3 7/1 3 3/4 7 3/4 3 11/1* »/1* 1 a* 3/4 5ft t
      186 words
  • Page 9 Advertisements
    • 251 9 Good ideas keep coming up I hanks to Sharp's pace-setting IC miniaturisation technology that made possible the world's first ultra-thin calculators, facsimiles are no longer the bulky office machines they used to be. The Sharp FO2OO, the world's smallest high speed G2/G3 fax with halftone transmission, is no bigger than
      251 words

  • PERSPECTIVE
    • 571 10 (T IS SAO THAT the India-backed plan to bring paace to Sri Lanka should have run into problems even before it has had a chance to succeed. The plan, which arrived as a pleasant surprise last week, would set up an autonomous council
      571 words
    • 2734 10  -  Riding the fast-food boom in Singapore has been rough and many operators have already fallen off, unable to bear the heat of the competition raging between the major hamburger chains and smaller establishments. ANNA TEO takes a look at the casualty rate in a business which
      2,734 words
    • 1189 11 It has been 34 years since a fragile armistice was signed at the Korean village of Panmunjom. But for the more than one million soldiers who guard the border between the two Koreas, the threat of a renewed conflict is still very real. UPI STAFF
      UPI  -  1,189 words
    • 675 11  -  By t FLORA LEWIS NYT LORD CARRINGTON hat decided to retire as Nato's secretary-gen-eral next year. The politicking to name hie successor has begun and, typically, Peter Carrington, former British Foreign Minister, is too diplomatic to discuss the candidates. But he
      NYT  -  675 words
    • 1039 11 UPI OUTSIDE Africa Hall, where African leaders ara maating to diacuaa tha woaa of a continant baaat by acooomic criaia, civil wara and apartheid. a daiagata aits on a caaa of duty-fraa wh laky Waiting for hia official limouaina at tha
      UPI  -  1,039 words
  • Page 10 Advertisements
    • 37 10 t-i VI HEEH BBWIO TXf FLOATS o*r The men behind flie N-Day Venture copitol new Creches —bring your child to e Why they coll Newton i circus Überation theology and the laws of God* NOW AT NEWSSTANDS
      37 words
  • Page 10 Miscellaneous
    • 651 10 whd CRYPTIC PUZZLE ACROSS 3 People Bert and i upset (5) 8 A bulk product of foreign capital (5) 10 Where to go Instead of bed? (5) 11 Zoological talk? (3) 12 Becomes fond of western weapons? (5) 13 Cheated a girl In Ireland (7) 15 Food item to bury,
      651 words
    • 19 10 tri Stow: ovefc SUOULDCR okr my skxxjdgk GOC3 )*n ONCOTH>JS»U-v/ Goes nooDs today J* «<:: SrfaodArJ CO Ud I*2 M*/
      19 words

  • Page 11 Miscellaneous
    • 1223 11 to q|jH> mm Origins •pin, Channel 12 The word that was coined by Or Daniel Malan (right) strikes terror in the hearts of many a black South African. This four-parter recounts the background of this dreaded word that led to the segregation of white Afrikaners and the native black people.
      1,223 words

  • SPORTS & LEISURE
    • 470 12 AP BRAZILIAN NELSON PIQUET, two-time Formula One world driving champion, hopes that history will repeat itself. Last Sunday, the 34-year-old won the West German Grand Prix for the second straight year. In two weeks, he takes to the track again in Hungary,
      AP  -  470 words
    • 253 12 Reuter AS TURBO GIANTS Williams and McLaren fought it out for tha big pointa at tha Waat Garman Grand Prix on Sunday, tha Tyrrall toam showad that cars with naturally asplratod anginaa will ramain a forca this aaaaon. Fourth placa for Franchman Philippa
      Reuter  -  253 words
    • 293 13 AFP ROBERT WRENN completed a runaway seven-stroke victory in the US$6OO,OOO Buick Open in Michigan last Sunday his first PGA tournament success since joining the tour six years ago. Wrenn, 27, from Richmond, Virginia, had gone into the final round six strokes clear
      AFP  -  293 words
    • 273 13 AP WHEN IT COMES to comebacks. British sprinter Allan Wells has the edge over US hurdler Renaldo Nehemiah, an advantage he proved at the Pearl Assurance Invitation traok competition in England. Wells, the 35-year-old Scot who won the Olympic 100-me-tre gold at the
      AP  -  273 words
    • 116 13 AFP ALLEGATIONS that Lester Piggott placed bets during his 37 years as a jockey will be looked into by the Jockey Club, the club's senior administrator has confirmed. The allegations against the world famous jockey, now a trainer, were put forward in a British Sunday newspaper. The
      AFP  -  116 words
    • 585 13  -  By WALTON MORAIS THE MORNING AFTER his first professions! triumph found M Murugith in tn uncompromising mood. It slmott seemed ts if he bristled st questions about how great it felt to score his inaugural triumph in golf's pro ranks. "I think I deserved
      585 words
    • 575 13 AFP AUSTRALIA, the defending champion, and Sweden, the team it brilliantly dethroned in last year's final, are just one match away from a revenge clash for this year's title. Australia, led by Wimbledon champion Pat Cash, forged into the World Group semi-finals over
      AFP  -  575 words
    • 478 13 AP STEPHEN ROCHE managed two singular feats during the weekend becoming the first Irishman to win the Tour de France and taming the hearts of jealous French cycling fans. Roche pushed across the finish line on the Champs Elysee in Paris on Sunday with
      AP  -  478 words
  • Page 12 Advertisements
    • 760 12 'J! s* m wim, tfim ami 999 9 9 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon of an ungourmet price l For starters take your pick of our cota dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham. vegetable terrine. mixed seafood
      760 words
    • 127 12 11. Showtime Sun to Thu 11.15 pm; Fri Sat 11.45 pen. Coitinenlai Buffel 15 31 July *87 Lunch or Dinner Adah $12.50" Child-$ SjOO" Vs* v.. S 5 V I V Dominique Bodin at the 'New' Hilltop Lounge The Imperial Hotel Singapore proudly presents world-renowned French Accordionist. Dominique Bodin nightly
      127 words

  • Page 13 Advertisements
    • 385 13 ir. Why Pepper Steak's a hot favourite Prepared with the best Prime U.S. Sirloin of Beef and priced at $1950. it comes with a piquant pepper sauce, double-baked potatoes, griled tomato and a green garden salad. If s a dinner that has all the makings of a hot favourite! For
      385 words
  • Page 13 Miscellaneous
    • 76 13 Play golf the Sewy way TH£ AUH-UP SHOT/S A USgFUt. SHOTTO M4VE yzx/A &a&-£&p€C/au.y wh£a/ you axe FAceo wrm A SHOT 79 A*/ eceVATEO GAS&Y 77//S 77 AE*CEW7A6E SHOT, &ECAVSG THE A/OAMAL H/GH PfTCH /A/ 77//$ TYPE OF S/TUA/ro// t/A£ Mate c/w/ce of a*o/w/v& ONTO 77/E SA///C AA/f> AOU.///G BACK..,
      76 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4214 14 RUMOURS surrounding First Capital Corp and its subsequent suspension after the lunch bresk led to nervous trading yeeterday. Share pricee cloeed sharply lower with double-digit falls seen acroes a broad front The Straits Times Industrial Index plunged 23.38 points to 1.338.37, while the
      4,214 words
    • 194 14 SI A Waxon ffc* CapM OMU H* V ipn Un4 A*W ao* IM.90* FtN RlSSS 1370 *10 IW Ml U 125 SIS Falls 979 1IW SINGAPORE h ♦Jo ssssf* +4 wo*/os :h 5Er -70 Mr M 1221** •l«* •9411 •9293 14*9990 1M1.79 3*3*49 070M ***** 3*3.1* 3100.13
      194 words
    • 4236 14 BID sad otter pricca affiriany Hated and Man la aad reported to the Stock Eaduu«e of Stagapore jreeterday with the number of Stares traded riwn la brackets lalotaof ly —ita Tbne Settlement Cootracta are qaoied after the word "SETT'. Big Board deals (to lota of
      4,236 words
  • Page 14 Advertisements

  • COMPANY NEWS
    • 649 15 Margin trading a double-edged sword mm™ HOCK LOCK SIEW MARGIN TRADING is not new to Singapore stockbroking. Rules in the past, however, have been silent on it The list of marginable securities issued by the Stock Exchange of Singapore last week only serves to legalise margin trading in the selected
      HOCK LOCK SIEW  -  649 words
    • 197 15 Reuter CHEUNG KONG (Holdings) Ltd has placed 25.8 million shares with several cloeely-related institutions through Vickers da Costa Hongkong Ltd at HK512.20 per share, stock brokers said. They said yesterday that Vickers was now acting on behalf of Cheung Kong's affiliate Green
      Reuter  -  197 words
    • 242 15 Manogers' priest MARA-Bumlputra for Jwy 28 Singapore Unit Trust First B'putra Sacond B'putra 751 449 754 4.74 Tha Co—iro 121 Tha Savings Fund 1.04 S'por* frog Fund 050 S'por* S«c Fund 0.84 S'por* lnv*st Fund 0.87 S'por* Equity Fund 060 Asia Unit Trust 128 Ml 054 0.92 0.93*
      242 words
    • 48 15 Company RIGHTS ISSUE innovest Bhd On*-for-four $1 10 p*r share Ex dot#: Jul 24 Books dose: Aug 6 Sim lim Three-for four $1 00 per shore Ex-dot*; Aug 6 Books Close; Aug M Company BONUS ISSUE Metro Hldgt One-for-ten Ex-dot*; Jul 31 Books close; Aug 8
      48 words
    • 121 15 Com pony BONUS ISSUE Ajinomoto One-lor-five Botu Kowon Onefor-two Duff Bhd O«e-for-o ne Glvneaty One-for-four Goodwood Pork One for three (lights entitled to bonus issuel J C Ent One-for-ten J C -M P H On* (or ten Killing hall On*-lor-four Public olfer of 23.ISO.OOO Southern Bonk Bhd of
      121 words
    • 390 15  -  By ROSIE TAN THE SHARE RECALL exercise carried out by Federal Cables Wires Metal Manufacturing Bhd in April has uncovered forged share certificates for more than eight million shares. As at the end of June, the company's registrars, PFA Registration
      390 words
    • 535 15  -  By NAJEEB JARHOM GENERAL SECURITIES Investments, the closed-end investment trust of DBS Bank, has been slapped with a hefty tax assessment of $15.34 million for the period 1978 to 1906. The notices of assessments levy income tax on gains derived by
      535 words
    • 584 15 Bernama ES THE MOVE by the Kuala Lumpur Stock Exchange to split the marketable lots of 20 higher-priced stocks has met with mixed response. While some agree with the KLSE that the move will increase the marketability of the shares, others
      Bernama ES  -  584 words
    • 242 15 Bernama ES GANDA HOLDINGS Bhd, a plantation and property development group, haa reported a larger group pre-tax loss of Mss.l million for the half-year ended March 31 as against a loss of M 5408,000 previously. It attributed the poorer performance to the economic
      Bernama ES  -  242 words
    • 343 15 Bernama ES ALUMINIUM COMPANY (M) Bhd (Alcom) has taken several measures to improve its performance in the current year. Speaking after an annual general meeting yesterday, managing director Benjamin Corbett Pester said the company will step up exports, improve services and increase product range
      Bernama ES  -  343 words
    • 558 15 MBT PEMBENAAN YEOH Tiong Lay, which is to be acquired by Hongkong Tin, is expected to make further thrusts into low-cost housing and public works projects. This is a logical move as Pembenaan YTL has successfully completed a number of
      MBT  -  558 words
    • 199 15 Reuter EVERGO INDUSTRIAL Enterprise Ltd is to acquire a stake in a Hongkong local newspaper, Oriental Daily News, with part of the HK52.24 billion raised from last Friday s sale of a 34.99 per cent stake in Hongkong Shanghai Hotels Ltd. Evergo managing
      Reuter  -  199 words
    • 157 15 Glenealy proposes bonus GLENEALY PLANTATIONS (M) Bhd. which reported profit after tax of $5.19 million ($6.20 million) for the year to June 30. 1987, has proposed a one-tor-tour bonus issue, capitalising $14.2 n lllton from its capital reserve. A final Otvidend of five cents will be paid on
      157 words
    • 610 15 CMWOWI Ex Books Mo ToM lor ToM tor poym*n( mm ctooo payaMo the yeor tool yoor Acmo l%TE Jun 22 Jun 29 Jul 31 '%T€ 4%TE AJox Hldgs 6% Sep 3 Sop 10 Sap 25 6% 5% B Sombawong 35% Jul 27 Aug 1 Aug II 35% 20%
      610 words

  • REGIONAL MARKETS
    • 296 16 SELLERS gained the upper hand on the Kuala Lumpur Stock Exchange yesterday, pushing prices to an easier close despite a burst of buying activities in early morning trading. After a mixed opening, bargain hunting as well as short covering pushed prices up just before the mid-morning break.
      296 words
    • 134 16 BANK NEGARA has said the Malaysian Finance Minister has not given any approval on the proposed sale of 20 per cent of the equity of Pacific Bank Bhd by American Express International Banking Corporation (AEIBC) to Keck Seng (M) Bhd. Commenting on a news
      134 words
    • 56 16 Reuter CHINA International Trust and Investment (Citic) has 18 wholly-owned subsidiaries and joint ventures abroad with investments worth a total of US$5OO million, the China Daily Business Weekly said. Half of the 18. with investments of $300 million, are in Hongkong and Macao and the rest in the
      Reuter  -  56 words
    • 159 16 AFP INTERNATIONAL financier Sir James Goldsmith has sold his 51 per cent stake in Trocadero Participations, the main shareholder in Generate Occidental (GO), to the French Compagnie Generate d'Electricite (CGE). CGE. which was recently privatised, held 49 per cent of Trocadero via Compagnie
      AFP  -  159 words
    • 2 16
      2 words
    • 139 16 Bernama ES PUBLIC BANK BHD, the fourth Isrgest bank in Malaysia. said yesterday that it hed yet to discuss any decision to increase the bank's paid-up capital. Replying to a query by the Kuala Lumpur Stock Exchange (KLSE). the bank said
      Bernama ES  -  139 words
    • 206 16 Reuter THE European Community Commission could be expected to open this week a review of Fiat Spa's purchase of car maker Alfa Romeo Spa last year, industrial sources said. They said the review would centre on whether the acquisition met EC an-ti-trust guidelines on the
      Reuter  -  206 words
    • 565 16 Reports of 'speculation' deals unsettle exchange AFP THE GHOST of Ivan Boesky hat haunted the Bangkok Stock Exchange since it waa reported last week that some 40 top financiers might be involved in speculation on exchange business. Some people are fearing that Mr
      AFP  -  565 words
    • 468 16 TOKYO: Prices closed higher yesterday in very thin trading as some major securities companies bought stocks following the market's rebound from depressed levels last week, brokers said. The 225-share index rose 140.07 points to 24,104.96, after dropping to 23,843.57 at Midday. On Saturday the index gained 21.97 to 23,964.91.
      468 words
    • 387 16 NONQKONG: Share prices closed little changed yesterday in fairly active but dull trading in the absence of fresh factors, brokers said. The Hang Seng Index roee 3.27 points to end the day at 3,346.87 after rising some 15 points at midmorning. The Hong Kong Index roee 0.69 to 2,179.13.
      387 words
    • 68 16 ■■v n 001 -*-0003 Onantd 6 0.0875 ■***** Anjo PM PM*. B 0.1250 0.65 -0.095 •005 Ap«i Mm 1 0.0950 -0 025 Picop B Allot Con. 8 35 -3 PLOT Bo«uo Gold Son Migurf B 677 50 200 -39.7 -38 Bonguat Con. B 170 5 Sam* Darby F**t FM
      68 words
    • 243 16 JULY 27 MT Kuochan Dev 37 80 +0.3 Al Smcere Mm 4.47 -37.61 Laa Chang Yuan Oivn Indus 32 80 11 Coihoy Cons Chang Hwo Bank 73.50 unch Ill 00 unch Lion Hwo ktdus Nan Yo Plas Pacific Cons 26 10 51 00 4360 0 4 17 2.1 0»oTh«n
      243 words
    • 123 16 Reuter AUSTRALIA'S state-owned Qantas Airways Ltd's net profit rose to a record A 563.4 million in the year ended March 31. 1987. compared with the previous year's AS3.B million. Chairman Jim Leslie said tax was A 550.5 million against $4.8 million and he recommended a dividend
      Reuter  -  123 words
    • 492 16 SYDNEY: The Australian share market closed barely steady yesterday as support for selected industrials largely offset prollttaking among gold and resource stocks. Brokers said a slight dip in bullion prices to US$454.30/80 an ounce from $455.00/50 in Hongkong on Saturday prompted selling among mining scrip, dragging the market down
      492 words
    • 167 16 Reuter BANGKOK: The Slock Exchange of Thailand Index slipped 8.81 points to 332.34. Turnover totalled 4,047,818 shares worth 542.93 million baht. The Book Club Index was down 8.06 at 295.80. Reuter Seoul prices w«r« not available. JULY 27 1 Ml Po« PubWwig 360 -28 Ao Kham TW Ayudhya hi
      Reuter  -  167 words
  • Page 16 Advertisements
    • 461 16 NOTICES THE COMPANIES ACT, CAP. SO KING DEVELOPMENT CO. PTE LTD At a general meeting of KINO DEVELOPMENT CO. PTE LTD duly convened and held at 10 Anson Road #20-05 International Plaza S(0207) on the 18th July 1987, the following special resolution was passed SPECIAL RESOLUTION a) "That the Company
      461 words
    • 185 16 WELLJOIN ENTERPRISES PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL J;} y|V NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act (Chapter 50) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the Liquidators, 559-C, Balestier Road,
      185 words
    • 87 16 Keep a date with Sevvy Ballesteros the Sevvy Way BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling, etc. And, of course, the all-round executive
      87 words

  • INTERNATIONAL COMPANY NEWS
    • 711 17 NYT IN ITS HUGE TRADE of businesses with Thomson SA of Francs, the General Electric Co seems to be getting the better end of the deal. On the surface, it appears to be sxchanging its low-growth, low-margin consumer electronics business for s bigger piecs
      NYT  -  711 words
    • 590 17 Reuter JAPAN'S telecommunications giants are likely to profit in the long term from the competition they are about to face, say analysts in Tokyo. In spite of the official opening of both domestic and overseas business to competition in 1965, Kokusai Denshin Denwa
      Reuter  -  590 words
    • 327 17 AFP TWO RIVAL groups seeking to enter the international telecommunications market have failed to agree on a merger at a meeting yesterday, representatives from both sides told a news conference in Tokyo. They said International Digital Planning Communications Ltd, in which Britain's Cable and
      AFP  -  327 words
    • 443 17 Reuter A NEW MANAGEMENT team at Daimler-Benz AG, the West German corporate giant and preetige car maker, hopes to accelerate out of a difficult period characterised by boardroom bickering. Officials at the Stuttgart headquarters of the firm, which produces Mercedes-Benz cars, named a new line-up
      Reuter  -  443 words
    • 459 17 Reuter ELDERS I XL Ltd has agre«d in principle to AFP Investment Corp Ltd's restructuring proposals which would create four public companies brewing, finance, agribusinees and investment. Elders IXL directors said in a statement the brewing, finance and agribusiness companies would be partly-owned subsidiaries
      Reuter  -  459 words
  • Page 17 Advertisements
    • 699 17 9 Bayerische Landesbank Girozentrale w. Cash funds Bills of Exchange Due from affiliated banks Due from other banks Treasury bills and discountable Treasury Bonds Bonds Securities not required to be shown under other items Due from Customers Own Bonds Participations Assets of Landesbausparkasse Other Assets Total Assets 501.0 201.5 7,294.3
      699 words

  • 548 18  -  Mobil By LOH HUI YIN MAJOR OIL COMPANIES in Singapore are busy mapping out strategic plans to upgrade their refineries to keep up with competition and penetrate new markets. Mobil, in a vote of confidence in Singapore, yesterday unveiled investment plans worth
    548 words
  • 355 18 Reuter NEW SOVIET Defence Minister General Dmitry Yazov warned the West yesterday that it would be a mistake to assume that the recent "Red Square pilot" affair showed sny weakness in the Soviet armed forces. "I would like to say directly that
    Reuter  -  355 words
  • 54 18 AFP IRAQ has cancelled economic talks with West Germany and suspended negotiations with West German companies in protest after Foreign Minister HansDietrich Genscher asserted that Baghdad had started the Gulf War. Mr Genscher's statement on Friday followed a visit to Bonn by Iranian Foreign Minister
    AFP  -  54 words
  • 385 18 AFP JAPANESE Foreign Minister Tadashi Kuranari yesterday reaffirmed Tokyo's recent offer to recycle "more than" US$2O billion to hard-hit developing countries as part of an increase in Japanese aid and sfforts to revitalise the world economy. Addressing the seventh UN Conference
    AFP  -  385 words
  • 432 18 AFP PRESIDENT Corazon Aquino inaugurated the new Philippine Congress yesterday with a nationwide address attacking the country's foreign creditors and .calling for greater defence spending. Mrs Aquino also called on Congress to implement nationwide land reform and to grant political autonomy
    AFP  -  432 words
  • 408 18 THE HEAD of the most powerful Sri Lankan Tamil rebel group has cast a shadow over a proposed accord to end the island's civil war, but said that talks on an acceptable peace plan would continue. Liberation Tigers of Tamil Eelam (LTTE)
    408 words
  • 141 18 Reuter THE ORGANISATION of Petroleum Exporting Countries should make more effort to influence the oil market rather than merely react to it, according to its president Rilwanu Lukman yesterday. The price and extraction rate of oil "should not be left to be determined by traders,
    Reuter  -  141 words
  • 386 18 DETAILS of the government's study on the long-term structure of Central Provident Fund contributions will be announced in Parliament today. Labour Miniater Lee Yock Suan will spell out, in a ministerial statement, the proposed long-term CPF rates. The ratee are
    386 words
  • 268 18 Reuter PRIME MINISTER David Lange tokl New Zealanders yssterdsy that his Labour Party would preee ahead with its free market economic reform programme If It won the general elections next month. He said that the party's next targets were to restructure social servicee
    Reuter  -  268 words
  • 103 18 Reuter COMEX gold futures yeeterday cut losses on short-covering after absorbing liquidation of long poeitions carried over the weekend on concern over a flare-up in the Gulf. In choppy morning dealings, August gold still held a minor loss of US$O.BO at U*****.90 an ounce following a
    Reuter  -  103 words
  • 82 18 AP WALL STREET stock prices were littls changed from lest Friday's close in early trading yesterday. The Dow Jones Average of 30 industrial stocks was up 2.23 at 2,487.56 an hour sfter the opening. Gainers marginally outpaced losers among New York Stock Exchange-listed issues, with 529 issues
    AP  -  82 words
  • 429 18 Reuter INDIAN Prime Minister Rajiv Gandhi faced fresh snd poesibly explosive charges yesterday that hia government was covsrlng up Isrge-scsls corruption by senior officials in hia administration. A US investigstor the government had hired to unearth illegal overseas financial dealinga by Indiana. but had
    Reuter  -  429 words
  • LATE FILE
    • 58 18 AFP JAPAN is outpacing the US in capturing billions of dollars worth of World Bank contracts, according to statistics ralaasad by a private consulting group yastarday. For the yaar andad Juna 30, 1966, Japanasa companies and individuals were awarded World Bank contracts worth US$l.l5 billion, compared
      AFP  -  58 words
    • 59 18 Bernama USNO PRESIDENT Tun Datu Haji Mustapha Harun yesterday aaid he will discuss his "alliance" plan for Sabah with leaders of other political parties in the stats. A meeting would be held early next year or around June, he said on his return to Kota Kinabalu
      Bernama  -  59 words
    • 44 18 Bernama THE UNITED NATIONS International Centre for Theoretical Physics (ICTP) is considering Malaysia for its •econd centre of excellence for studies in specific fields of physics, the centre's representative in South-east Asia. Dr Soegeng. said In Kuala Lumpur yesterday.
      Bernama  -  44 words
    • 55 18 Reuter INDONESIA is looking for psrtnsrs to help build a space satellite launch centre. "Indonesia is willing to cooperate with another country or group of countries to build s spacs centre for launching satellites." Tourism. Post and Telecommunications Minister Achmad Tahir said yesterday after talks with
      Reuter  -  55 words
    • 31 18 AFP INDONESIAN Foreign Affairs Minister Mochtar Kusumsatmadja arrived in Ho Chi Minh City yesterday for an official 48-hour visit focusing on ths Cambodian conflict AFP
      AFP  -  31 words
    • 60 18 AFP AN OPPOSITION LEADER and former foreign minister of India haa asked the Soviet Union not to support Prime Minister Rajiv Gandhi, newspapers reported yesterday. Atal Behari Vajpayee told a meeting in New Delhi that Moecow should not interfere in Indis's internal affairs by becking
      AFP  -  60 words
    • 38 18 Reuter SOUTH KOREA called out 125,000 troops on rescue work yesterday after floods killed more than 70 people and made 60,000 homeless in the country's third natural disaster this month. Reuter
      Reuter  -  38 words
  • Page 18 Advertisements
    • 55 18 CHINA Mysterious Tibet 4 5 days from $4688 •By SIA 'n Kafhnand j c >a r 'S Nepa ath ro^rs Bv I spr a'hnna"du Lh a d ♦'op 'if o'd inoramiC ."".'a o' M' '-'C M T ay,3-, Executive Package Guangzhou days fronn $200* Beijing aays from $195* i r4
      55 words
    • 3 18 Leader, Page 10
      3 words
    • 110 18 New Advance Book' superlow rates only from Ken-Air. (Mllii) UNLIMITED MILEAGE Introducing the Ken-Air concept of economy of advance booking! Just 2-weeks advanced booking and you can drive away our brand new Mazda 929 Sedan at superlow monthly rates! Talk to us today about your requirements, be they for a
      110 words

  • SHIPPING TIMES
    • 406 19  -  By G DURAIRAJ MALAYSIA will sign the bilateral shipping agreement with the Soviet Union on July 29 when the Malaysian Prime Minister Datuk Seri Dr Mahathir Mohammed begins a five-day visit to Moscow this week. The Minister of Works Datuk Samy Vellu will
      406 words
    • 292 19 Reuter ABOUT 00 foreign and Indian flag ships were stranded in and outside India's largest port as a strike by 000 workers entered its 12th day, Indian port officials said. The Indian Labour Ministry haa called a meeting in New
      Reuter  -  292 words
    • 361 19 Lloyd's List MITSUI OSK Lines haa started the integration and reorganisation of its sffiliates in a bid to tide over the receaaion in shipping. The Japaneee carrier will merge two ship repairing affiliates, Higashi Nihon Koki and Nishi Nihon Koki, on Oct 1
      Lloyd's List  -  361 words
    • 814 20 Reuter HONGKONG'S government, ever sensitive to sny loss of capital which could be seen as a lack of confidence in the colony before its return to China, has stepped up plans for a new airport and container terminal. The Hongkong government officials
      Reuter  -  814 words
    • 172 20 AFP SEVEN SQUARE-RIGGED sailing ships re-enacting the voyage of the First Fleet, which established the first convict settlement in Australia 200 years ago, have run short of funds and may have to abort their voyage in Rio de Janeiro, a spokesman for the
      AFP  -  172 words
    • 606 20 AFP THE BRITISH government has proposed new safety measures for car ferries after an inquiry into the capsize of a vessel off the Belgian coast killing nearly 200 people. Transport Minister Paul Channon said in the House of Commons that the
      AFP  -  606 words
    • 710 20 AB Shpg V s ABC Container VHI 1 Accord Shpg VI 3 Africa Oceon X 2 Alltrons VII 3 American Tpt X 2/3 Anro Service IV 2/3 ANl 1 1/2 APC Lin* V 4 API III 2/3 1 Asa M Asian Ocean VI 3 Balt-Conodo Una VII
      710 words
    • 147 20 SMIT TAK International has sat up s naw joint-venture company with three Maltese companies as an extension of its services to the central Mediterranean. The company, Smit Tak Valetta Co Ltd. is operated in partnership with Kirton Co, the shipping agent; Euch Zammit
      147 words
    • 1147 20 THE POSITION regarding fresh grain fixing on Friday from the US Gulf to Japan appears rather confused with several vessels thought to have been arranged but conflicting reports circulating the market about rates paid, shipbrokers said. A vessel is now said to have been fixed by Zennoh at
      1,147 words
    • 171 21 T£4E MAJOR shipping consortia operating between the Far Eaet/European, Far East/Persian Gull, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "ft" Line Korean Shipping Corporane Orient Linee Client Overseas Container Line Cfk> Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta
      171 words
    • 154 21 UPI THE IRANIAN Navy detained a Jap-anese-chartered Panamanian freighter en route to Kuwait through the volatile Strait of Hormuz in the Gulf for four days, the Japanese agent reported. It was the first such incident reported in the area after the
      UPI  -  154 words
    • 250 21 Reuter A KUWAITI shipowner said he had obtained agreement In principle from British authorities to re-regis-ter one of his ships under the Gibraltar flag and thus qualify for British naval protection in the Gulf. An official representing AM and Fouad al-Ghanem, owners of
      Reuter  -  250 words
    • 212 21 AP THE NAVY battleship Missouri has left port reportedly for duty in the Gulf with ships protecting reflagged Kuwaiti oil tankers. The Missouri, where the Japanese surrendered at the end of World War 11, left its home port on Saturday for "operations in the Pacific
      AP  -  212 words
    • 191 21 AP A SENIOR Chinese official said that Beijing was seriously considering a Kuwaiti request to charter Chinese oil tankers. Chinese Deputy Foreign Minister Oe Huaiyuan also denied reports that China has rejected a proposal for imposing international sanctions against the country
      AP  -  191 words
    • 76 21 MR TAKURO OTSUKA, the executive managing director and general manager of Mitsui Co Ltd, has joined the board of Neptune Orient Lines. The 62-year old Mr Otsuka is a graduate from the Law Department of the Kyoto Imperial University. He has held various port folios in various
      76 words
    • 214 21  -  KINGSLEY WOOD THE AUSTRALIAN Chamber of Shipping and docktide unions have objected to Sydney's Darling Harbour being temporarily cloeed in early January lor the start of bicentenary events but have been given scant sympathy by Ports Minister Laurie Brereton While several of
      214 words
    • 55 21 PACIFIC coast ports reopened on Saturday, hours after hurricane Eugene swept through with winds of up to 177 kph per hour, officials said. The ports of Manzanillo, Acapulco, Zihuatanejo and Lazaro Cardenas permitted ship passage, but homes, crops, and powerlines were damaged in Manzanillo, 486
      55 words
    • 257 21 AFP PERSISTENT fears that fresh Gulf tension could lead to a disruption in supplies, combined with heavy stockholding by consumers and underlying strength of oil prices led to a considerable resurge in demand, particularly for early tonnage, in most loading areas on the tanker market during the past
      AFP  -  257 words
    • 341 21 FT THE "vut majority" of Britain's 13,500 dockers would back a national strike if a pool of casual labour was created as a result of the planned closure of the Greenock container terminal in west Scotland, a union leader predicted.
      FT  -  341 words
    • 9561 26 A guide to ships loading at Singapore for porta 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.
      9,561 words
    • 489 27 AT CONVENTIONAL WHARVES VnnI Bart h Arrival Daparlu KEPPEL WHARVES Ahmad Al Fottoh KU oiongsida 28 07/2300 Oooyong Harmony K32 oiongsido 2807/1000 Far East Wo' K3S o'ongnde 29 07/1800 Im tooting 3 K19 olongside 2807/1500 lionhuoshon K33 alongside *****600 Leipzig K2» olonQndt 2807/1500 Maya KIS OlOftQIKj# 2907/2359
      489 words
    • 630 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL i Arrival LCL cargo Ship Voy data/tlma Operator •chadula LOCIDOfl Sinofo 957 2807 87 1600 S Consort F8 0700-0800 N LG Bridge 52E *****7 1600 Kawosoki F5A 0700-0800 El Gowo 10NB 28.0787 1900 Pll F7 1000-1100 Q2 leliegrocht
      630 words
  • Page 19 Advertisements
    • 587 19 A WOMAN 0T POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Km ma llartr is A WOMAN OF SUBSTANCE 4 But what is the price 'jLI she has paid? W Available at all good bookshops MMMNC SNIPPING AGENCIES (Rap. Nb. MM64/ OOK 200 imjH2-06 sJA S«PI>« am All 11/ M 22UM1
      587 words
    • 70 19 EMDB HONGKONG'S government has stepped up plans for a new airport and container terminal. P«g« N A KUWAITI shipowner said he hod obtained agreement in principle from British authorities to '"•-register one of his ships under the Gibraltar flag and thus qualify for British naval protection in the Gulf. P«g«
      70 words
    • 611 19 MLT ORIENT LINE Baltic Shippinc Co Reiuler Services from Set* East A* te n Agent: Singapore Soviet Shipping Co Pte Ltd Tet *****33 MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DAYS Tree Anna Ctoamg Tm CY 29/7 2300 MRS CFS 29/7 1300 MRS PLANTM LAUST M ANDERS M AXEL
      611 words

  • Page 20 Advertisements
    • 365 20 smss-na. EUROPE/FAR EAST CONVENTIONAL SERVICE SAM HAMC Km i —Q< LDG DATES PT. KLANG SAW JIANG KOU Antwerp js/7 ELEFTHERIA II Wddteebrough-lßMiingham 14-25/7 xa KARYATIS Szczecin-Roetock 17-21/7 2S/J OAK Iswnghaai-Brwnen-Hainburi 14-31/7 1/J TBN Luefeock-Szczocin-Rostock 22-31/7 M TBS Haaiburg-Antwerp 25-5/1 TBW Brw««en-I>muiden-H*nburi-Antwerp 13-24/1 25/9 Further load/ discharging ports «n route subject
      365 words
    • 19 20 LJn«« and service* represented by /MM! Members of the Registry of Accredited Shipping Agents. Singapore National VvftSl Shipping Association.
      19 words
    • 196 20 CHARGEURS REUNIS C« FOHITC MOIKC CD DOUALA LOADING DIRECT FOR: TOW LA-KUMON MNNK P.CMTIU UWfVIIU OOUAU COTONOU LOH !i» sa Jg VS iff 'IST HSf Optorg Shipping Pte. Ltd lEL M A LA MOW JX* c Ml >Mm W Hkf KMIMH hh ten rMH STlf la:Hi SsL i las Tl
      196 words

  • Page 21 Advertisements
    • 668 21 The Straits Steamship Group P Mansfield Container Shipping Pte Ltd P&O ri*VA>L Containers Ymtcir > j.K: frMhlll'l 1 ,W':.n > STRAITS SHPPING Singapore to Sabah, Sarawak, Brunai Ports and Bangkok PEGASUS PROGRESS V4UN la Port/a M H M-B Aap •MS Am* 17-1 <C lA|Q*BAY 2? •At KITANO BAAU fpn P.UMp
      668 words
    • 509 21 EUROPE/MED USA PANAMA K2 rmrn m an TV 11 Ml Hrrlhrfl^l lUI I ILK IIJI zm \UM ru» ILK lUI tut aj» a 111! lUI 17.11 nit si n ii.ii in.ii Itll till li.ll 17.11 nrinri _JI uf.ai.Aiji.ii i.l.i i mm •W l --il 1" il I.T f 1 II
      509 words

  • Page 22 Advertisements
    • 221 22 CONTAINERSHIP SERVICE TO UK CONTINENT COW.SEMI CONTAINER SERVICE TO EUROPF CONV SEMI-CONTAINER SERVICE TO MED EUROPE PK KN TRIES LEX BILBAO HK I'HAVtN AMS 2/1 lOfl 11/9 Ufl I2Ji vtfi CONTAINERSHIP SERVICE PROM UK CONTINENJ 3* VI KB U/» U/» KB TYO 7/» M OH llfl IS/J 17/9 Itfi Ofi
      221 words
    • 586 22 ALSO CULMS ANTWERP VIA MTTEROMi PKELAM CTRS VIA FEEDER VESSEL wrm i.jfc mJli'ij)! l "'fi fall CONVtNTIONAL SLRVICE TO PERSIAN GULF VESSEL KUANTAN S PORE LOADING FOR LEADBON V.42 29/7 DUBAI, DAM CRYSTAL RECO 15/1 DUBAI. DAM GEN AGENTS: CROWN MAR ME CO (PTE) LTD TEL: ***** M ft Urns)
      586 words
    • 376 22 M CONTAINER HAt-M \IMI DARH '.MKTINI, I'M I !!> INDIA STEAMSHI express fcl/lcl FORTNIGHTLY CONTAMER SERVICE TO MADRAS HALOiA CALCUTTA CHITTAGONG CHALNA SIN Pitt* MAO* NAT CAL MAO MA' CTC Miaa Caariar m M t. FantMM vm mm um urn am am mrn Cmrtm mmm mm sum Agentj:- SHARIKAT TRANS-ORIENT
      376 words
    • 653 22 > ii i> »T A Round The-World East Bound (FE/CARIB/USEC/EURO/FE) UU. NK ax w 2W an wr MS KSC KLG PUS OS* TTO KM CMS NYC BAL Mac n w ever gentry an tp tp w EVER GLEAMY W U* 1* 1W i! S WW LAUREL/EVER GOLDEN 12* 1M 1M
      653 words

  • Page 23 Advertisements
    • 674 23 x PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE OOWA KOTA MNQA MAJAPAHIT MURORAN (HOKKAIDO) *KTC HITACHI INDONESIA CONTAINER SERVICE I •CA HAWK RATAMA BHUM SCA ORAOOM MA FORTUNE HA FORTUNE VOV SIN MY MfQ SIN M.W FEN •7*7 sm sm
      674 words
    • 529 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT TakM (una City at EMv HMI r HAVEN MM! HAVRE w an m m M JIM i* m m m D H M llil EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NAM riMVEH IM HAVRE STOW P KLANG S'PORE FOR I awn UU MM SwM
      529 words
    • 512 23 If DJASAGETRI A Joint Europe Service Oh r.T. MMkTA um f.t. m uoyi r.i. mum ■liin p.t. tmmu um VESSEL/VOY SRIWIJAYA/71WB L J. BONTANC/12WB OCEAN PRIMAOWB ANTWERP BILBAO BREMEN A'DAM/R'DAMH'BURG 1*» 140 an an an mo mo ino um iccapMng cargo to CwMmm, Pot tt|ict to Induceiwnt Atoo accepting cargo
      512 words
    • 364 23 BOUSTEAD SHIPPING AGENCIES 101KAW VX23 HTONEYWA V72M M AN VII3W SIT-TWAY V3IE HANDALAY VU *Loading for Europe BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore P.Kdang Penang Lanfkok UMU Aug 2S/27 July M/2S Juty a/a July 1/10 Aug waui uiaim S/7Aug BANK LINE EXPRESS SBM-COHTAIIiri j IVYBANK VI9N
      364 words

  • Page 24 Advertisements
    • 1244 24 M LlflE SHIPPMIG-DATA ATLAFITIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK N. JADE V 8 SW 31 Jul 22 Aug 1 Sep 3 Sap ORIENTAL FAIR V 4 1 Aug 7 Aug 29 Atig I Sep 10 Sep •VIA FEEDER NYC HFX 5 Sep 9 Sep 12 Sep It
      1,244 words
    • 573 24 'M AUSTRALIA EXPRESS CONTAINER SERVICE AcopMng FCL/FCL ConMnars P.K4M( ESTECLIPPE* V.lt II A* CALABAR ¥.37 29 Aug "KABIRDAS" V.35 2 Auf "CHANOIDAS" »J7 3 St* "KABIRDAS" VJ6 20 S«pt IMb Frm Sydn Aho Accmd 17 Au| 2S Am| 24 Au| Adrt/Bn> II S*t 27 S*t 2$ Sapt AtW/Bnt 5 Oct
      573 words
    • 834 24 GOLDEN LINE UQttV GUM) GUM) SWUNG (TIE) LID muSm STenti imjm <u uks) fu: aam STRAITS/PERSIAN GULF SERVICE: Spon P KatangPtmia GOLDEN WON OCR Cotombo/KaracfcifOuboi 5/6 Aug GOLDEN KAN Cotombo/KaradMfDub* 12/14 Aug CHINA SERVICE A VESSEL Huangpu Shangha. 2/4 Aig CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA
      834 words
    • 473 24 r~ l-'l. '■».Tl r" H-. i 1 'i 1 i'i LATTAJQA. KNGMAZI TNPOU. ALEXANDMA. PORT SAO. MUCUS CRSMUWOL UMMASOL. VALETTA. ADEN. DJBOUTI V PHI LI OniCNT LIN €5 PT€ LTD PL A M£AO OFF.Ct 63 ROBINSON RCAD ■C' i? AFRO A! A BUIIDIN3 S NGA~ a t C IFLFK RS
      473 words

  • Page 25 Advertisements
    • 755 25 NEPTUNE ORIENT LINES LTD Si SERVICE A momb NEPTUNE AGENCIES PTE. LTD. TE EU/AUST TPA/StA Ttrm.ni) CFS OOOKINGS *****53 *****42 *****27 *****53 *****» JTJBM 27*111 *****41 NEPIIME SON. BHD. MM47 aESSSSfiw NEPLINE SDN. BHD *****33 WQUIRIIS. ZTCTM NEPLINE SDN. BHD. i2oo3yt27«M2*tl«?W NEPLINE SDN. BHD. *****0/*****1 TTTTfT. A mwiitor of Mm
      755 words
    • 122 25 U TAYO SHIPPING LINES PTE LTD TH. 224/62S <1 llnst) UX HS *>SlOl TAVOIN VESSEL ETi PIYA I 12/8 SINAR MEGA 30/7 A VESSEL 27/7 A VESSEL 23/7 ETA ETD DESTINATION 12/8 14/8 KRABI/COLOMBO* 30/7 1/8 PEKAN BARU/DUMAI 27/7 30/7 BATAM 23/7 31/7 BANGKOK REGULAR SERVICES TO INDONESIAN PORTS SUBJECT
      122 words
    • 441 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON No Donam/705N M. Entocpri«o/712N No 7 Dontm/TOtN No I DonMi/70M No Don»m/700M No 9 Donam/7QM M. Entorpriso/713N S PORE AGENTS NEPTUNE AGfNCIES PTE LTD T§i *****12,*****34 *****0 221X122 (Operation!) *****t? *****14 (Terminji) *****50 *****0* (crs) P
      441 words
    • 594 25 m 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. KELANG PENANG MIS HANDLING SYSTEM CO SON. BHD HAJ TNONC SNIPPING 127 Pmmm St™* r.nm.
      594 words
    • 24 25 AUSTRALIAN SERVICES WEEKLY CONSOLIDATION/SHIPPING SERVICES TO/FROM ALL AUSTRALIAN PORTS INCLUDING TASMANIA ALL INLAND POINTS BOOKING AGENT: FREIGHT MANAGEMENT SINGAPORE CONTACT: LYN/HELEN *****11 (15 LINES)
      24 words

  • Page 26 Advertisements
    • 291 26 SINGAPORE SMPfM CORFU IRTCI LTD. TEL: 225-6868 (30 Lines) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD FAX NOS: *****39/*****76 DSR-LIIMES H DE UTf HACHT SEEREEOERE! ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE |r If :"'T'r ■VIA COLOMBO: Accaptmf carp tor INDIA Bomflty, Cochin A Madras "VIA LARNACA: Aocapbnf cargo lor
      291 words

  • Page 27 Advertisements
    • 211 27 WJ CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE *****3 i i m r77^ rrr OTHER DESTINATIONS: AARHUS, AMSTERDAM, ANTWERP, BASLE, BREMEN, BREMER HAVEN, COPENHAGEN, HELSINKI. MALMO, OSLO, STOCKHOLM UK. FROM EUROPE VSL ES3 TTTI LOADING FROM: GOTHENBURG,
      211 words
    • 265 27 ■I dNTAINEA UK USA 2/8 TO: LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPI DAILY ACCEPTING LCL/FCL TO:TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY 21 41 ABIDJAN. LOME 111 131 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA Bookings: MAC-NELS AGENCIES PTE. LTD. MAC-NELS (MALAYSIA) SDN BHD.
      265 words

  • Page 28 Advertisements
    • 439 28 FARGO SHIPPING COMPANY (PTE) LT i \{*J regular express full container AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europa/Medtterranaan Vtl BRUSSEL ANTWERPEN C. VEROLME TNT EXPRESS WMFtMTZMWM EM (*****31 tPMI ETA SINGAPORE PIYA BHUM 571* 29/ BUNGA KEMUNING 115N 31/ VIRA BHUM KITI BHUM U6N 3/ BUNGA BUTANG
      439 words
    • 550 28 AL AfßitA Oct an Lif*fs Lid. 4-iAUiINJ.f T4AM VESSEL ETA SPOKE CARIBBEAN EXPRESS 1 30/7 MARE H i 20/8 T KKOU TOU Acnpttnc FCL, LCL and BREAK BULK EMERALD CONFIDENCE 15//S VITAL I 21/9 SPRMQ 11/10 Accepting Cargo To Hons Kong A Koolung o COLUMBUS LINE REEDEREI GMBH (A SERVICE
      550 words
    • 52 28 S M N (SOCIFTE MAURICIENNE DL NAVIGATION) INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE SEALION SHIPPING (S) PTE LTD TFI -.M: ,Y V V J[i P X RSi 4 >! S(1 10', F A x -kit iWBL FT. UNITED SHIPPING i *W m ORGANISATION I.TP J W DIRECT REGULAR SERVICES
      52 words
    • 391 28 L Mitsui OS K Lines. Ltd A A A A A A CONVENTIONAL/SEMI-CONTAINER LOVCEN €AAIA PRIMERA PEAK SWA 31A SUBJECT INDUCEMENT Mombasa. Daressalam. Tanga Port Louts Reunion WATERGEUS WAA7A RAINBOW AVENUE WAB3A Rmks: Subject Inducement Apapa/P Harcourt P Noire. Abidian. Monrovia. Lome. Contonou. Tema HAYAKAWA MARU 3433F SA VAAL 3531F
      391 words
  • Page 28 Miscellaneous
    • 138 28 w w I! St VI '4 as fifi ■V k R Thunderstorm Temperature A y Sho»*r Weother Wnd drection with speed n knots Ran Cloudy Sky Wov h h "Js?* "dicoted ky errewt wfcicfc Hy witfc the vnd One hM crde raprtMnn cahn or kght and vanaMe -mdi One haN
      138 words