The Business Times, 10 January 1986
1986-01-10
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The Business Times
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Title Section12 1986-01-10 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, JANUARY 11, 198« 75 CENTS12 words
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Article681 1986-01-10 1 ALAN LEE - I I 4 VM Alleged sale of 100 m Promet shares By ALAN LEE, Companies Editor ANOTHER THORNY ISSUE has surfaced at troubled Promet Bhd, serving to underscore the seriousness of a split between the company's chairman, Tan Sri Ibrahim Mohamed, and his chief executive,681 words
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852 1986-01-10 1 SOH TIANG KENG - Bankers urge cut in reserve ratio By SOH TIANG KENG, Financial Correspondent A PANEL OF prominent bankers has called for a reduction in the 26 per cent reserve requirement which it said hampers the banks' ability to lend. Mr Allan Ng, chairman of852 words
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112 1986-01-10 1 THE NEW YORK stock market recorded its biggest one-day drop on Wednesday on interest rate worries, causing share prices to tumble in Japan and Hongkong yesterday. Tokyo prices plunged initially with the market average losing more than 97 points. It later regained much112 words
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Article, Illustration88 1986-01-10 1 SHARE PRICES eased slightly yesterday after four straight sessions sf gate. Profit-latin* aad stale ball liquidations were evident as investors retreated to the sidelines to take stock sf the Investment situation again. The Straits Times Industrial ladex lest 4.4 C point* to <41.43, after achieving a 32.57-point rise88 words
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Article109 1986-01-10 1 AP EASTMAN KODAK, ordered by a US federal court to quit the instant photography business, announced a major programme on Wednesday. Owners of the estimated 16 million Kodak instant cameras the company has sold since it began competing with rival Polaroid a decade ago willAP - 109 words
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335 1986-01-10 1 INVESTIGATORS from the Ministry of Finance conducted preChristmas raids on at least one law firm, seizing files related to the beleaguered Pan Electric group and several associated companies. Officers from the Commercial Affairs Investigation Department (CAID) of the Ministry of Finance were particularly interested in335 words
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483 1986-01-10 1 CHAN OI CHEE - By CHAN OI CHEE A GROUP OF professionals, including some Members of Parliament, in a study of the Pan-Electrie affair, has strongly urged the government to use public funds to bail out the securities industry, which has been shaken badly by483 words
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Article106 1986-01-10 1 BRITISH Defence Minister Michael Heseltine has resigned following a controversial battle with Mrs Margaret Thatcher and Trade Secretary Leon Brittan over the sale of Westland, the country's financially ailing helicopter maker. Mr Heseltine, 52, was fiercely opposed to a rescue offer by Sikorsky of the US106 words
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Page 1 Advertisements
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Advertisement102 1986-01-10 1 \s> o<; e< f. ..us |l 3 OPPORTUNITIES IN CHINA The challenges of new markets have led us to a worldwide network covering 65 countries. Our most recent challenge is the opening of yet another door, in China, with the establishing of our branch in Shenzhen. This means that we102 words
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Advertisement272 1986-01-10 1 Wall Street report, Page 10 Asian stocks, Page 11 Koon Swan-Ka Wah links shock Pan-El rescuers, Page 13 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW IT NOW LOOKS as if an enforced peace will reign again on the isle of tranquility272 words
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Advertisement43 1986-01-10 1 The compact zoom PPC. IT 'mi. L. MINOLTA EP3SOZ jjf]|)RTir Uilinain Pierre Baima:n Boutiques CmMiM I76ovch« i v n Thr PaMfti Hi iMi Cof to *01 >51 mi ids Road! Reiu Ba'main C >m<prs ||fti M f*'Tir v V. r; i rrji ,«<i43 words
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HOME NEWS
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Article, Illustration469 1986-01-10 2 FOO CHOY PENG - By FOO CHOY PENG A TALLY of job openings listed with the Ministry of Labour regularly shows more than 1,400 jobs available during a typical month last year. Yet hardly over 370 offers often much lower were accepted each month even though the469 words
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Article, Illustration314 1986-01-10 2 LIN JINN SIN has been appointed the branch manager of IBM Singapore's general marketing branch with effect from Jan 1. Mr Lin, who was the business plans manager before his recent appointment, joined IBM in 1979. The company also appointed KOH SEE HEONG as the manager of314 words
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153 1986-01-10 2 A BIRD'S eye view of commonsense direct marketing will be offered by an authority on the business, Mr Drayton Bird, the vicechairman and executive creative director of Ogilvy Mather Direct, London, this month. Mr Bird, the author of "Commonsense Direct Marketing", the first UK book153 words
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311 1986-01-10 2 ASIAN k AEROSPACE'B6 ISRAEL'S latest aviation and defence systems will be on show at the Third Asian Aerospace show next week. Eleven companies will be at the Israel Pavilion, one of the many national pavilions at the four-day exhibition, to show their "proven311 words
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176 1986-01-10 2 THE TOURIST Board and Singapore Airlines are set to woo incentive travel groups and special interest visitors from Taiwan at a promotion later this month. The joint marketing and convention promotion will be held in Taipei on Jan 15 and 16 in a programme of176 words
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340 1986-01-10 2 LEE HAN SHIH - By LEE HAN SHIH A PROMINENT local businessman has been appointed the South-east Asian agent and representative of the Guangdong provincial government to help promote certain joint ventures and technology transfers. Mr Lau Ing Woon, a council member of the Singapore Chinese Chamber of Commerce340 words
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Article81 1986-01-10 2 DR TOH CHIN CHYE, the Member of Parliament for Rochore, is to ask the Government in Parliament today to disclose the number of companies that had closed in the last three years. Another Member of Parliament, Mrs Yu-Foo Yee Shoon (Yuhua), wants to know whether the Government81 words
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Article433 1986-01-10 2 Cahners Tel 7 Exposition Tlx Group Fax: *****13 I RS ***** *****66 S DURATION TITLE VENUE ORGANISER TELEPHONE Jon 11 Strategic Job PlanningHoliday Inn The Admin Club *****88 Key to Higher Office Parkview Productivity in the 80s Jan 13 Diploma in Management National National *****34 (commenceAccounting and Productivity433 words
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277 1986-01-10 2 THREE SINGAPORE journalists, including Business Times deputy editor Mano Sabnani, are among 10 Commonwealth journalists selected for the 1986-87 Press Fellowship programmes at Cambridge University's Wolfson College. Mr Sabnani, Mr Alan R John, assistant to the editor, The Straits Times, and Mr Teo277 words
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Page 2 Advertisements
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Advertisement158 1986-01-10 2 WORLDWIDE COURIER Changing the way the world does business. TOP LEVEL SEMINARS ACQUISITIONS TAKEOVERS AND MERGERS To be conducted by RICHARD SYKES QC DR PHILIP PILLAI CHEONG KEE FONG High-power lectures covering contemporary legal issues arising from corporate acquisitions, takeovers mergers and up-to-date discussions on changes and reforms in the158 words
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OVERSEAS
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324 1986-01-10 3 AFP US OFFICIALS said they were anticipating a seizure of US assets in Libya by the government of Colonel Muammar Gaddafi following President Ronald Reagan's decision to freeze Libyan assets in the US. Mr Reagan on Wednesday ordered that all Libyan assetsAFP - 324 words
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Article117 1986-01-10 3 Reuter SOUTH KOREA is freezing this year's salaries for the president, government ministers, generals, ambassadors and other high public officials at 1985 levels. Newly-appointed Government Administration Minister Chung Kwan-Yong said yesterday that the move, expected to save about US$lBO,OOO, was aimed at setting an example inReuter - 117 words
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Article, Illustration91 1986-01-10 3 Reuter KIM PLAISANCE, owner of a used car lot, acknowledging a honk from a paaalng motorist who agrees with his sign situated in front of his lot. Mr Plaisance said he put up the sign because like many Americans he is frustrated at the supportReuter - 91 words
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270 1986-01-10 3 Reuter THE OUTLOOK for the Australian economy remains bright for early 1986, but the pace of growth could be slowing, says a leading index report issued by Westpac Banking Corp and the Melbourne Institute of Applied Economic and Social Research. Growth in the index slowedReuter - 270 words
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131 1986-01-10 3 AFP MALAYSIA is testing tea imported from Sri Lanka, following reports that tea shipments had been poisoned by separatist rebels. The director of the Malaysian health services, Dr Abdullah Abdul Rahman, said in Kuala Lumpur yesterday that the chemistry department was conducting tests toAFP - 131 words
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367 1986-01-10 3 AP THE CHINESE Communist Party yesterday called on its members to shun attempts to bribe them, saying they should resist the eroding influence of capitalist ideology. A small number of party members and government officials have "forgotten their responsibility to serve the peopleAP - 367 words
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Article152 1986-01-10 3 AFP TAIWAN REGISTERED a record trade surplus of USSIO.6 billion last year in spite of a decline in its foreign trade. An official report, released by the Directorate General of Budget, Accounting and Statistics, said two-way trade in 1985 dropped 3 per cent from the previousAFP - 152 words
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475 1986-01-10 3 Export-led growth versus increased consumer demand Reuter JAPAN'S economic planners face a daunting task this year that of taming its runaway trade surpluses with the rest of the world without allowing the national economy to slide into recession. To do this, it must replaceReuter - 475 words
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Article903 1986-01-10 4 ARRIVALS Operator Service Local From number time THAI TG98I 0025 BKK FT FT7I 0110 JEK/ORD/ANC /NRT/MNL/TPE PAA PA2I/5 0155 LAX/TYO/HKG sv SV398 0445 JED/RUH SIA SQ41 0615 MAA SIA SQ43 0730 DHA CAL CI010 0740 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935903 words
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Article, Illustration559 1986-01-10 4 Margin requirements brought to bear FT THE FEDERAL RESERVE Board has defied the Reagan Administration and put into effect a controversial proposal to curb so-called "junk bond" financed takeovers. The vote represents an important political victory for Paul Volcker, the Fed chairman, but oneFT - 559 words
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616 1986-01-10 4 AFP THE INTERNATIONAL Energy Agency (lEA) has projected a sharp drop in world demand for crude oil in the second quarter, and stagnant consumption in Western industrial countries and Japan in 1986 as a whole. Energy analysts in Paris say thisAFP - 616 words
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142 1986-01-10 4 AP AMERICAN civilian unemployment eased downwards to 6.9 per cent last month, the lowest rate since April 1980, the government reported in the labour market's best showing of Ronald Reagan's presidency. The small 0.1 percentage point improvement from November's rate resulted from theAP - 142 words
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258 1986-01-10 4 AP AMERICAN Defence Secretary Caspar Weinberger has recommended to President Ronald Reagan that he put two nuclear submarines in dry dock in May rather than dismantle them and that he disguise missile tests to deny information to the Soviet Union. AnAP - 258 words
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177 1986-01-10 4 Reuter SMOKERS BURN UP calories 10 per cent faster than non-smokers, which may explain why people who stop smoking tend to gain weight, according to a report published in Boston yesterday. Smoking 24 cigarettes over a 12hour period increases the body's metabolic rate byReuter - 177 words
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464 1986-01-10 4 NYT THE SOVIET UNION has introduced a form of unemployment benefits and begun an unusual public discussion about joblessness as a result of the economic policies instituted by Mikhail Gorbachev. One senior government economist has suggested that the modernisation of the economy advocated by theNYT - 464 words
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217 1986-01-10 4 AP MORE THAN 300,000 Soviet bloc truck drivers a year spy on Nato manoeuvres and other military targets while on delivery runs in Western Europe, according to a West German magazine. The article in the weekly Stern magazine, entitled "The Scouts", was accompaniedAP - 217 words
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Article103 1986-01-10 4 AFP A MAJORITY of French believe in God, but this does not stop many of them cheating the taxman, according to a series of polls published in a new book in Paris. The book "Passions and Taboos" by Andre Laurens said 66 per cent ofAFP - 103 words
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Page 3 Advertisements
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Advertisement193 1986-01-10 3 Howa cheque book can give your family $50,000 worth of security, free i •i. jp jI =mm pan rt A >€ JI *f SM M -r i •"i v The Chase Classic The Chase Classic is not an ordinary current account. We slipped in $50,000 of personal accident insurance within193 words
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Page 4 Advertisements
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Advertisement62 1986-01-10 4 NATIONAL UNIVERSITY OF SINGAPORE Presents Public Lectures on The Nature And Constituents of Textual Structure by SIR RANDOLPH QUIRK (President, The British Academy) Lee Kuan Yew Distinguished Visitor TODAVS TOPIC (Friday, 10 January 1986) ORGANISATION: CONTENT AND PRESENTATION Venue Lecture Theatre 13, Kent Ridge Time 5.30 pm s\lJ. /\RI WELCOME62 words
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Page 4 Miscellaneous
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Miscellaneous39 1986-01-10 4 Doonesbury ujeil, tt seems j.j. JUST GOT HER FIRST COMMISSION! YEAH? ysi i i *£4 > wa I i PESIGNING TUB REST ROOMS FVRSQME SORT QFCWBIN THE EAST VILLAGE' t«il m m fi a i Kimn [llkiuii BY GARRY TRUDEAU39 words
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BANKING AND FINANCE
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Article, Illustration730 1986-01-10 5 SINGAPORE The US dollar recovered slightly yesterday against most major currencies in moderate and nervous late trading, but still closed lower compared with New York's levels. The dollar rose to a late 2.4690/4705 marks from an early 2.4650/60, but still remained lower than New York's 2.4735/50 close. It730 words
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Article306 1986-01-10 5 Asian market ASIAN dollar deposit rates closed firmer yesterday compared with Wednesday's levels in moderate trading. One month closed at 8"« 8 per cent, up 1/16 point from the previous close, three months at B'4 8, up Vi, six months at 8-3/16 8-1/16, up 3/16 and one year at B'/4306 words
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Article382 1986-01-10 5 BA Futures THE better-than-expected US December employment data and Henry Kaufman's pessimistic statement over a near-term discount rate cut on Wednesday night saw March Euwd*Uar futures plunging sharply lower from Wednesday's close to 92.00 at Simex's opening yesterday. However, short-cover-ing activities saw prices edging slightly higher to 92.02 butBA Futures - 382 words
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Article114 1986-01-10 5 THE OVERNIGHT rate on the Singapore interbank money market rose by one point from Wednesday to end at 4'/i per cent yesterday. The one-month term rate remained unchanged while the two and threemonth rates fell point each. S$ Interbank rates at 3pm yesterday: Offer Bid Overnight 4 1/2114 words
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Article252 1986-01-10 5 Interbank rates at 3pm on Monday: Cufrtnctvi Nominal 1 ratM Smithsonian Md Offer croaa parity change Local dollars to one unit of foreign currency US dollar 2 1205 2 1215 2 8196 -24 79 Sterling pound 3 0524 3 0560 7 3469 -58 45 Australian dollar 1 4699252 words
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Article234 1986-01-10 5 HONGKONG: The metal closed lower yesterday on late profit-taking after fluctuating in line with movements in the US dollar most of the day. It ended at at U*****.90/333.30 an ounce against an initial $332.60/333.00 and New York's $333.10/60. On the local market, gold finished HK$lB.5O higher at $3,069 a234 words
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Article235 1986-01-10 5 AP MAJOR BRITISH banks raised their base interest rates by one percentage point to 12.5 per cent on Wednesday, partly in response to (ears over oil prices. It was the first rise since July. The Bank of England, the British central bank, cleared the wayAP - 235 words
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179 1986-01-10 5 RENOUF Corporation, a New Zealand public listed company, is raising up to US$2O million through a three-year note issuing facility (NIF) lead managed by Citicorp Investment Bank (Singapore). The notes, in maturities of one, three or six months, will be sold by Renouf to179 words
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Article111 1986-01-10 5 AFP CHANCES of an imminent cut in the US Federal Reserve's discount rate have diminished with the announcement on Wednesday of an improvement in the US unemployment rate, Henry Kaufman, an economist with the investment firm Salomon Brothers, said in New York. Mr Kaufman, oneAFP - 111 words
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Page 5 Advertisements
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Advertisement84 1986-01-10 5 i -J? m > .-a? -T (St* r^. '<<zy > XN> N 1 \v "Yield" Oscar Wilde The only way to get rid of temptation is to yield to it. Royal Salute. The ultimate temptation. Few are discerning enough to be tempted. And to yield to it is to acknowledge84 words
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AIR CARGO
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Article, Illustration428 1986-01-10 6 LIM SOON NEO - Revenue of Singapore office likely to be propped up By LIM SOON NEO FREIGHT FORWARDER Hermann Ludwig expects substantial business from China this year to help prop up its Singapore office's revenue to about $35 million. This level, although lower than the $40 million achieved428 words
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380 1986-01-10 6 THE Association of European Airlines (AEA) has reported a 5.4 per cent increase in passenger traffic during the summer period from April to October. Capacity growth during the seven month period was higher, though. As a result, the overall load factor for the association's 20-member airlines380 words
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245 1986-01-10 6 LUFTHANSA German Airlines is buying two more Boeing 747s aircraft worth almost $440 million. The first aircraft, an allfreighter Boeing 747F, will join its fleet this winter. The second, to be delivered in February next year, will be the airline's fifth 355-seat all-passenger aircraft.245 words
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467 1986-01-10 6 SHAHRIR ARIFF - By SHAHRIR ARIFF CHINA-BOUND air cargo tonnage from West Germany is running into capacity and end-of-route handling problems. Mr Wolf-Dietrich von Helldorff, the head of the international Kuhne Nagel transport group's German air freight organisation, said forwarders' efforts to arrange a smooth and467 words
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298 1986-01-10 6 THE WORLD'S air cargo industry last year suffered its worst performance for a decade, according to a Lloyd's List report. Preliminary estimates from the International Civil Aviation Organisation (ICAO) show that the sharp downturn in cargo growth was responsible for an overall reduction298 words
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Article225 1986-01-10 6 ARRIVALS DEPARTURES Operator Flight number Locol time From Operotor Flight number Locol time For FRIDAY FT FT71 FT FT7I 0110 2355 JFK/ORD ANC/NRT MNL/TPE JFK/ORD ANC NRT TPE NW KAL KAL JAL FT NW906 KE697 KE698 JL6I5 FT76 1035 0200 0200 0945 0250 HKG/NRT/ LAX/SFO BKK/ (SEL) BKK/225 words
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Article150 1986-01-10 6 SWISSAIR took delivery last month of two extended range A310-300 twin aircraft from Airbus Industrie. The Swiss airline will receive a third aircraft this month and its fourth in February. Powered by Pratt and Whittney JT9D—7R4 engines, they will be used for the airline's routes to the150 words
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Page 6 Advertisements
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Advertisement292 1986-01-10 6 Joint Announcement by Guangdong Development Limited (A wholly-owned subsidiary of Guangdong Enterprises (Holdings) Limited an economic and trading organisation of The People's Republic of China, Guangdong Province, based in Hong Kong) and Chee Keng Investments Pte Ltd Chuang Tung Factoring Ltd With effect from December 18, 1985, CHEE KENG INVESTMENTS292 words
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RAW MATERIALS
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527 1986-01-10 7 Reuter COFFEE DRINKERS face a steep rise in the cost of a cup following a long-running drought in Brazil, the world's biggest producer, which has hoisted the price of green, or unroasted, beans to their dizziest levels since 1977. But fierceReuter - 527 words
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Article280 1986-01-10 7 Singapore (S$/kilo, ei-godown Fragrant new < 1st 2nd 3rd New Crop 25% 10% Thai Broken A-super Special Thai Rice 55% China Rice 10% 15% 25% 35% Thai Boiled Ric 5% Burma Rice 10% US Rice 4% 20% :rop 073 0 55 0 55 no stock no stock no stock280 words
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Article244 1986-01-10 7 WHEAT futures on the Chicago Board of Trade closed on or near the day's lows in new crop on Wednesday, down l'/2 US cents to one cent per bushel in light trade. March settled at $3.33 after posting a threecent range on the day. A stronger US dollar and244 words
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Article182 1986-01-10 7 MALAYSIAN crude palm oil prices closed unchanged yesterday to slightly higher on further covering interest after the sharp fall earlier this week. However, trading was thin as most operators were sidelined awaiting the outcome of India's weekly vegetable oil import tender, dealers said. Gains were limited by an182 words
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Article1236 1986-01-10 7 COFFEE Robusta futures continued to ease in active business on Wednesday afternoon, but moved off the lows of a wide range towards the close to post losses from Tuesday night of £75 to £93 a tonne. The market continued the morning's fall in early afternoon business before climbing1,236 words
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149 1986-01-10 7 Reuter INDONESIAN Oil Minister Subroto was quoted as saying there was a 50 per cent possibility that oil prices in 1986 would gradually fall by US$l to $2 a barrel. The Opec news agency Opecna quoted him as sayingReuter - 149 words
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Article13 1986-01-10 7 KL TIN Closing prices on Jon 9 (M$/kg) Price Turnover (tonnes) Suspended Suspended13 words
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Article202 1986-01-10 7 SOYBEAN futures on the Chicago Board of Trade traded quietly on Wednesday at mostly lower levels, ranging from up one US cent per bushel in September to down 2'/j cents in distant January. Scattered rains in the Brazilian soybean producing region of Rio Grande Do Sul, plus forecasts202 words
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316 1986-01-10 7 AFP THE DEBT-RIDDEN International Tin Council (ITC) was warned on Wednesday that it must act quickly to permit a settlement of the 11-week-old crisis on the tin market, or risk facing legal action. The warning came from the joint-managing director of GeraldAFP - 316 words
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96 1986-01-10 7 AFP MORE THAN 5,000 Malaysian tin miners, mostly in the rich tin-mining state of Perak, have lost their jobs because of the prolonged depression in tin prices. About 170 gravel pump mines have been closed, some permanently, while many are operating at half capacity. TheAFP - 96 words
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Article153 1986-01-10 7 Chinese Produce Exchange Sellers' noon closing prices on Jon 9 (SS/100 kg) Coconut oil Bulk FOB 70 00 OW drum FOB 83 00 New drum FOB 87 00 Copra Mixed (loose) 35 buyers Pepper Muntok White FOB NLW 1 257 50 Sarawak White FOB toq NLW 1247 50153 words
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Article285 1986-01-10 7 SINGAPORE The market closed slightly lower yesterday with February One RSS buyers quoted at 154.25 cents per kg, down 0.25 cent from Wednesday. Dealers said the morning session lo6t 0.50 cent on lack of interest in dull and featureless trading. Prices were little changed in dull afternoon trading on285 words
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Article338 1986-01-10 7 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 153 00 154 00N 153 00 154 OON Int 1 RSS Feb 86 154 00 154 50 154 25 154 75 Int 1 RSS Mor 86 154 00 154338 words
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Article108 1986-01-10 7 (cents/kg, 1-ton pallets) pj g MAR 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 151 00 I53 00N 151 50 153 SON SSR 50 149 00 151 00N 149 50 151 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 2I5108 words
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Page 7 Advertisements
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Advertisement308 1986-01-10 7 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF CHUNG TAI SING CHEMICAL INDUSTRY (SINGAPORE) PTE LTD (In Members' Vdutary Liquidation) NOTICE OF SPECIAL RESOLUTION (PnrauMt U Section 2M(2)(b) At an Extraordinary General Meeting of the company held at 25 Industrial Zone Hslang San,308 words
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Advertisement599 1986-01-10 7 NOTICES LENG YUEN TRADING (PRIVATE) LIMITED <incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap 185 the Final Meeting of members of the Company scheduled to be held on Friday the 3rd599 words
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Advertisement226 1986-01-10 7 THE MATTES THE COMPANIES ACT (CHAPTER 185) AND IN THE MATTES OF ITfION OFFSHORE A INDUSTRIAL ENGINEERING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 185 that the Final General Meeting of the Company will226 words
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LETTERS TO THE EDITOR
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Article463 1986-01-10 8 LONG BEFORE the hump of land off Singapore became Sentosa Island, it was called Blakang Mati, literally, "back death". Now it looks as if an enforced peace will reign again on the isle of tranquility in spite of efforts to transplant all manner of fervent463 words
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Article, Illustration1639 1986-01-10 8 Exchange should open door to more local brokerage companies Dear Sir, I refer to the letter by "Professional Speculator" of Jan 7. Firstly, the suspension of trading was not the stock exchange's unreasonable doing. A first class crisis arose because some banks were1,639 words
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659 1986-01-10 8 Jeanne Cheng (Mrs - Jeanne Cheng (Mrs) Public Relations Officer Singapore Broadcasting Corporation. Dear Sir, Please refer to the articles written by Marie David entitled "SBC's coverage of sports events dismal" and "SBC misses out some sporting events" which appeared in BT on Dec 23 and Dec 30659 words
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Article48 1986-01-10 8 Dear Sir, Three "bravos" to Citizen for his letter "An unhealthy rivalry" published on Jan 8. For the Rehoboam analogy alone, he deserves a Jeroboam of Veuve Clicquot champagne. Perhaps BT, Caldbeck McGregor or Mr James Holt might care to oblige. Yours faithfully, Another citizen48 words
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655 1986-01-10 8 Abdul Karim bin Zaini; Thomas Tay - Abdul Karim bin Zaini President Singapore Organisation of Seamen. Thomas Tay, General Secretary Singapore Maritime Officers' Union Dear Sir, We refer to the BT reports on Dec 27, headlined "Maritime employers want industry-wide accord" and "Maritime employers attack welfare fund contributions" by Linda655 words
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Page 8 Advertisements
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Advertisement211 1986-01-10 8 \\)S& e H.r!£\G^' e* cl A»* riO 1 f ft S a S -V SligffisSS w S« if v> n. s s l>» H(> Nl IpC SOTHEBY'S l World Guide to Antiques and their Prices the first of an annual series designed to illustrate the wealth of decorative works of211 words
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Page 8 Miscellaneous
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Miscellaneous673 1986-01-10 8 mmmm CRYPTIC PUZZLE ACROSS 4 Sweet ot beet' (6) 7 Superior piece of meot smartly delivered (5. 3) 8 Roland's as motch for him (6) 10 Possibly teach to break rules <5) 13 Study to be o runner (41 14 The building of tome' (4) 15 One of that httle673 words
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Miscellaneous20 1986-01-10 8 OIStCW: ftaa&Dickene RBouT rnR e>R»sitxo V\\S TGpk IS COLD, H»s CftKe ONTOUCHED PtND his ujbge. PPicxer is thc u*sTePp»Petf Basket20 words
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SPORTS
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388 1986-01-10 9 Reuter CALVIN PEETE birdied five of the last 10 holes to draw level with fellow American Mark McCumber on Wednesday for the first round lead in the US$5OO,OOO Tournament of Champions in Carlsbad, California. They finished the round at four-under-par 68,Reuter - 388 words
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Article172 1986-01-10 9 AFP WOMEN'S world squash champion, Susan Devoy of New Zealand, will play in the British Un-der-23 Open championship in Marlowe, England, from Jan 18-24. It will be the first time that the women's event has been held alongside the men's. The draw shows Miss DevoyAFP - 172 words
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608 1986-01-10 9 NYT HOME BOX OFFICE, an American pay-cable TV service, has proposed a deal that could cost it US$26 million and lead to a unified heavyweight champion. If completed, the arrangement could scuttle a match between Michael Spinks, the International Boxing Federation heavyweight champion,NYT - 608 words
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Article465 1986-01-10 9 WALTON MORAIS - Nine sponsors found for Singapore Open Golf Championship By WALTON MORAIS THE SINGAPORE OPEN golf championship organising committee has secured $127,500 in sponsorship for the U*****,000 tournament to be held on March 13-16 at Bukit. While this is only about half of the expected $350,000 expenditure figure,465 words
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Article, Illustration687 1986-01-10 9 AFP A PARTY of New Zealand's native Polynesian people launched the country's bid to wrest the America's Cup, the supreme symbol of world yachting, from Australia. The traditional chants, exhorting valour on the battlefield and victory in war, echoed across the sparkling watersAFP; Reuter photo - 687 words
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300 1986-01-10 9 UPI THE DETROIT Pistons snapped a six-game losing streak with a 113-109 victory over the Boston Celtics in New York on Wednesday, posting its first victory since Dec 19. During that span of 12 gaves, the Pistons fell from battling the Milwaukee Bucks for firstUPI - 300 words
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354 1986-01-10 9 AFP FOUR AUSTRALIAN syndicates expect to spend a mighty total of US$27 million in their bid tP keep the America's Cup. Vying for the right to defend the trophy for Royal Perth Yacht Club are Alan Bond's America's Cup Defence 1987 Syndicate, KevinAFP - 354 words
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Page 9 Advertisements
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Advertisement143 1986-01-10 9 NOTICES CITY COUNTRY CLUB PTE LTD (1b V»l. Uqald*tUn) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 185) that the Final General Meeting of the Members of the abovenamed Company will be held at the Office of M/s Wee Seng Tiong Co., 1143 words
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Advertisement186 1986-01-10 9 IN THE MATTER OP THE COMPANIES ACT, CAP. 186 AND GILLESPIE BEOS. (SINGAPORE) PTE LTD (In Member*' Valaatary LJqaM»tt«a) NOTICE IS HEREBY GIVEN in pursuance to Section 308 (1) of the Companies Act, Cap. 185, that a general meeting of the above named company will be held at 9 Penang186 words
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Page 9 Miscellaneous
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Miscellaneous1180 1986-01-10 9 TO TO mma Colonel Gaddafi... accused of harbouring terrorist* FRIDAY BACKGROUND 7.50 pm, Channel 5 Libya's Colonel Gaddafi and his policy of terror is looked at tonight, along with the sudden suspension of trading on the Singapore Stock Exchange recently. Friday Background also looks at the current aerobics craze sweeping1,180 words
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INTERNATIONAL STOCKS
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345 1986-01-10 10 Reuter TEXACO is seeking a new trial in its dispute with Pennzoil after the smaller oil company rejected its proposal to settle out of court a record U5510.53-bil-lion damage award. Texaco also revealed it had reached a "standstill agreement" with Pennzoil underReuter - 345 words
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175 1986-01-10 10 Reuter THE GAF chemicals and materials group, which waged a month-long takeover battle for the Union Carbide chemical giant and walked away with a profit of US$2OO million, may consider making another bid in the future, an official said. GAF earlier droppedReuter - 175 words
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323 1986-01-10 10 Reuter THE NEW YORK stock market tumbled to its biggest single-day loss in history on Wednesday, toppling a record that stood since October 1929. Optimism over a discount rate cut was shattered by Salomon Brothers economist Henry Kaufman's doubts on the subject and generalReuter - 323 words
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Article140 1986-01-10 10 JAN 08 Abttto AJcan C$ 16* 40* 20 Imp Oi Irtco Int Prov P*>e Int Uts Kerr Add 51* 18* 42* 20* 16* Argoen Hldgs 33 Loblow B Mossev Ferg 23* 3 Bank Novo Scotw 13* 41 Mc Btodel 24 BP Con Ltd Broscon Can Imp Bk Conpoc Carting140 words
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Article214 1986-01-10 10 JAN 08 (and Urwsec Woolworth 665 1350 15 unch INDUSTRIALS minings A Alpha 1050 15 220 -10 Angtoi AE And a Amoprop AMtC -1-40 ■IS *****6 unch 515 Wyyoors 1615 -65 50 3800 200 Barlows 1480 5 r t~ i J 2600 unch CNA 240 15 Com Murch 1865214 words
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Article727 1986-01-10 10 JAN 08 us$ Ale on AJurrvri 29 4 Alcoo 384 -14 Alegheny Lud 18* Abed Chem Cp 464 A Iked Stores 67* Afcs-Chalmers 4* Am Broods Inc 654 -4 Am Broodcost Am Con Co 624 ■1 Am Cyonarr»d 554 Am Etec Pwr 234 Am Express 524 -4 Am727 words
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Article903 1986-01-10 10 Amsterdam JAN 08 Ffc ASN 603 00 +3 122 00 inch Ahold 84 50 0 1 156 40 3 AMEV 92 80 2 7 Amta% Amro Bonk 116 00 +1 Bote Bonumai Boskafcs Bur Tet Cataod Calve De4 M, 181 00 +0 3 F^i 52 10 +0 9903 words
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Page 10 Advertisements
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Advertisement509 1986-01-10 10 :•><•••' > gjw w M If T m i* smacKc* *'>? '>'. "5 •&&I.'»::: ''2kj[f& tSMZ X jt Pf 16 Ss ir.fi v W .T-5 -mr~* **gr* t V IV ii W. HUANG PALA W (r «p e |L^ m s* Lunch Ham to 2 30pm daily Sundays and Public509 words
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Advertisement125 1986-01-10 10 London stocks on bsck pago AND THE PERFECT COMBINATION <.(KH»MI >lc AM» LAH.HTFR VOI ANI>V<MR> AT IHK I (H'V.t ROsfMARIK I»AI>N MANITLR A AND FMMAM EI WITH TOI'IH ARTKR"- \M> Rock N ROI.I I'l l FATRYTMIV. INTO I'fRFK 1 COMBINATION FOR A HFRFFC I Nil.HI Ol T m> V. tuid125 words
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ASIAN STOCKS
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Article409 1986-01-10 11 HONGKONG: Share prices yesterday closed sharply lower because of technical corrections following Wall Street's plunge on Wednesday. The Hang Seng Index lost 28.33 points to 1,798.51 from Wednesday's record high of 1,826.84. There was speculation about higher interest rates in Hongkong caused by doubts about an early US discount409 words
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Article263 1986-01-10 11 JAN 09 Al Sincere Indus Asia Cement Cathay Cons Choog Hwa Bank Chen Loong Cho Hsn Cement Chma Chem Chna Dev Chna Elect Wire Chna Gulf Plos Chna Retoar Chna Steel Chung Chin Tex Chung Hwa Putp For Eost Dept MT 2 44 25 40 29 90 44 10263 words
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Article441 1986-01-10 11 TOKYO: Prices yesterday dropped sharply in early trading in reaction to Wednesday's record singleday drop on Wall Street, but regained much lost ground as investors decided the New York fall was not unnatural given the recent big gains. The market average initially fell 97.21 points soon after trading opened441 words
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Article89 1986-01-10 11 JAN 09 Acoic Mir«ng Anglo Phd P«o» 0 001 unch Onentol B Pttolex B Pic op B PLOT 0013 015 -0 001 0005 Apex Mjtmoo B Alios Coo B Bogura Gold Bovc Petroleum Beoouet Con B CDCP First Phd HkJgs Leponto B Mormduque B Morsteel 0 0095 II 089 words
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Article461 1986-01-10 11 SYDNEY: Share markets yesterday closed firmer in mixed trading in spite of the Wall Street fall, with the mining sector leading the market up. Near the close of trading, the All Ordinaries Index had gained 2.4 points to 1,043.9, the All Indus- trials 1.2 to 1,540.4 and the All461 words
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Article96 1986-01-10 11 JAN 09 Won Hyundoi Const 1061 -8 Hyundoi Motor 2170 40 Sank Seoul 651 32 KA.L 545 -3 Choheung Bk 640 -5 Koreo F*st 681 20 Commercial Bk 671 9 Yukong Koreo Ship 1840 60 Dael«m Ind 510 -16 363 -2 Doewoo Corp 475 20 Lucky Ltd 719 196 words
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Article141 1986-01-10 11 BANGKOK: The Securities Exchange of Thailand Index yesterday rose 9.37 to 136.08. Turnover amounted to 186,348 shares valued at 25.1 million baht. JAN 09 A ok horn Thoi Asm Fibre Ayuthaya krtv Mitt Sam Otuen Siom City Cement South Asm Fixe 434 -6 And Taut Bongkok Agro-lnd 142 2375141 words
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Article69 1986-01-10 11 AFP TAIWAN'S Petroleum Corporation is close to reaching agreement with Indonesia's state oil corporation Pertamina on the import of about 1.5 million tonnes of liquefied natural gas (LNG) per annum over a period of 20 years, Taiwan petroleum sources said in Jakarta on Wednesday. But theyAFP - 69 words
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Article322 1986-01-10 11 FT BARCLAYS is to become the first British company to apply for a listing of its shares on the Tokyo Stock Exchange, in an effort to broaden its shareholder base and establish a more prominent profile in Japan to back its businesses there. The decisionFT - 322 words
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Article114 1986-01-10 11 HONGKONG Wednesday 1539 4* Week ago 1495 0 Hong Seng Index Thursday 1798 51 NEW YORK Wednesday 1826 84* Week ago 1774 38 Dow Jones Wednesday 1526 61 TOKYO Tuesday 1565 71 Week ago 1546 67 Nikkei Average Thursday ***** 19 Standard Poors Wednesday ***** 42 Wednesday 207114 words
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Article279 1986-01-10 11 Monogers' prices for Jon 10 Singapore Unit Trust The Commerce 0 96 1 02 The So vmgs Fund 0 81 0 86 S'pore Prog Fund 0 39 0 42 S'pore Sec Fund 0 63 0 67 S'pore Invest Fund 0 50 0 53 S'pore Equity Fund 0 43279 words
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Article108 1986-01-10 11 AP ESSO PRODUCTION Malaysia Inc, a subsidiary of Exxon of the United States, will spend about MJSOO million in capital expenditure in Malaysia this year. Esso in Malaysia, EPMI's monthly publication, which was released yesterday, quoted EPMI managing director Karl Swenson as saying the amountAP - 108 words
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Page 11 Advertisements
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Advertisement567 1986-01-10 11 T_v3$ w T s I#^ r f7^ warn I u S£ sg :--r. i ->. > -4P> «BS §r. se~.>r K> V "r 1 sses^'i 4sr^ KS? Ss 7 *>£& aOBK The start of an experience so authentic yet unique. f v, A ~r m€^. p4 ym »-r y Opening567 words
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Advertisement146 1986-01-10 11 yr kP v A v >6-° ><y NIDs PLACE 164 Upper East Coast Road Daily 12.00 to 2.00 p.m. 6.00 to 10.00 p.m. Tel: *****71 M Savoury Delights Await You At TO ki M o O JZ Hong Kong Dian Xin available during lunch caiwwiu Momy-A Sl^/i ORCHARD ROAD For146 words
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SHARE INFORMATION
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Article, Illustration4396 1986-01-10 12 SHARE PRICES retreated slightly yesterday in the face of profit-taking and stale bull liquidations. Trading remained fairly active with 14.27 million shares changing hands against Wednesday's 14.91 million shares. Dealers say institutions which have contributed to the modest New Year rally apparently decided to4,396 words
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Article274 1986-01-10 12 SINGAPORE Rises Indicas A B N IOW M limrai Bote Lwtong Ctnkoi S0< U O 1 Perln Plant Hoimwou H Leonq Fei Tronoh Mm Msion Fimlls TDM Gwlwy J C Ent Raioaah OCIC 1 457 570 545 270 206 182 273 197 91 250 Falls i 366274 words
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Article4089 1986-01-10 12 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 706 0 745) Alcom (0 575) (I) 0 56 (2) 0 564 (5) 0 60 (8) 0 564 (I) 0 57 Allied Choc (2 038 2 I9S) Amol Steel 50« (0 788 0 80S) (1) 0 834 (6) 04,089 words
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Page 12 Advertisements
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Advertisement8 1986-01-10 12 Unit trust and Selected indices tables, Page 118 words
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COMPANY NEWS
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Article, Illustration509 1986-01-10 13 CHAN OI CHEE - By CHAN OI CHEE FOR THE FIRST TIME since the Pan-Electric crisis broke in early December, a Singapore stockbroking firm has refused to pay for a forward contract on the grounds of "legal impediment." Lin Securities (Pte) yesterday rejected a demand509 words
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619 1986-01-10 13 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN NEWS OF Mr Tan Koon Swan's financial obligations to troubled Ka Wah Bank in Hongkong has come as a shock to those involved in the efforts to rescue Pan-Electric Industries in Singapore. But at this stage, it is not clear619 words
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208 1986-01-10 13 NAMES OF the new members of the Securities Industry Council should be announced in the next two to three weeks. The 10 members of the SIC, headed by Mr Chua Kim Yeow of DBS Bank, are appointed on a two-year basis. Appointments to208 words
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Article316 1986-01-10 13 A BOUT OF moderate prof-it-taking pressure emerged in the afternoon, causing share prices to finish mostly lower on the Kuala Lumpur Stock Exchange yesterday. Buyers' initial enthusiasm tailed off after the 11am tea break when the market was unable to muster enough follow-through support316 words
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Article3557 1986-01-10 13 BID and "offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified. tndustruh A Choc (2 60S) (2) 2 40 Cd A3,557 words
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LATEST RESULTS
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Article44 1986-01-10 13 Pre-tax profit of M 5110.02 million ($86.74 million) on turnover of $760.08 million ($764.85 million) for the year ended Sep 30, 1985. Directors are recommending a final dividend of 23 cents per share gross less tax payable on March 13.44 words
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Article327 1986-01-10 13 THE DRIVE to form a remisiers' association gained momentum as representatives from most of the 25 stockbroking firms met yesterday in a closed-door session in a rented hall of the Palmer Road YMCA. Between 50 and 60 remisiers showed up shortly after trading hours to discuss327 words
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Page 13 Advertisements
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Advertisement479 1986-01-10 13 V Malaysian Tobacco Company Berhad PROFIT AND DIVIDEND ANNOUNCEMENT audited results for the year ended 30th The Board of Directors announce the following September 1985. Turnover Company Company's share of associated companies' turnover Operating Profit Investment and Other Income Share of losses less profits of associated companies Profit before tax479 words
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591 1986-01-10 14 BOEY KIT YIN - By BOEY KIT YIN THE TRADE Development Board (TDB) will be more actively involved in defending local exports in the face of growing protectionism in developed countries, particularly the US and in Europe. But this does not mean the board will591 words
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92 1986-01-10 14 Reuter PRESIDENT Ferdinand Marcos has warned voters in the Philippines of a possible communist takeover unless he is re-elected, but the opposition says he is the best recruiter for rebels fighting his 20-year-old government. The communist party itself seems divided on whether to support oppositionReuter - 92 words
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Article51 1986-01-10 14 AFP EGYPT CUT its rates for two categories of oil and increased the price of another yesterday. The rate for Suez Light drops to U5525.7 a barrel from $26.7 and Belaim Heavy to $24.45 from $25.25. The price of Ras Ghareb Heavy goes up to 24.5 fromAFP - 51 words
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Article423 1986-01-10 14 A BROAD-BASED trade programme for 1986/7 to cover a wider spread of overseas markets will be aggressively pursued by the Trade Development Board to meet problems arising from shrinking world trade. The programme basically re-affirms the board's aims laid out last year. But this year's423 words
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Article, Illustration314 1986-01-10 14 A DIRECTOR of Kia Mui Corporation (Pte) Ltd and former director of Lamipak Industries (Pte) Ltd is being sought by the authorities. The police said they were anxious to contact Siah Chiow Chow alias Victor Siah whom they believe can assist them in314 words
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Article863 1986-01-10 14 SHARE PRICES opened lower yesterday in reaction to renewed upward pressure on UK domestic interest rates and Wednesday's sharp fall on Wall Street. Trading volume was low with operators anticipating a further base rate increase. At 10.45 am, the FTSE 100 Index was 21.2 points down at 1,383.0.863 words
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76 1986-01-10 14 Reuter INTERCONTINENTAL Housing Development Ltd has filed a suit seeking U*****.6 million in damages from Ka Wah Bank Ltd and its director, Low Chang Hian, linked to an alleged fraud conspiracy case. The suit accused Low of fraud conspiracy and the bank of negligence.Reuter - 76 words
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Article68 1986-01-10 14 THE COUNSEL for former Bumiputra Malaysia Finance (BMF) chairman Lorrain Esme Osman yesterday failed in his attempt to adjourn the gathering of evidence in the Kuala Lumpur High Court to extradite Lorrain, who is being held in London. Justice Datuk Harun Hashim dismissed the application68 words
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Article75 1986-01-10 14 AFP ARAB COUNTRIES in the Islamic Conference Organisation (OIC) were scheduled to hold a special meeting yesterday to discuss the strengthened economic sanctions against Libya announced by US President Ronald Reagan, Moroccan Foreign Minister Abdellatif Filali said on Wednesday. Arab foreign ministers who haveAFP - 75 words
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Article63 1986-01-10 14 UPI AMERICANS in Libya who ignore President Reagan's order to leave that nation by Feb 1 could be penalised by up to US$5O,OOO in fines and 10 years in prison, said the US Justice Department yesterday. President Reagan has signed an executive order imposing a rigid economic boycottUPI - 63 words
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Article42 1986-01-10 14 FIRE broke out yesterday afternoon at Lam Hong Oil Industries, a coconut oil factory in Pandan Loop. Firemen took more than two hours to fight the blaze but none of the 20 workers who were in the factory was injured.42 words
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453 1986-01-10 14 LOCAL SUBCONTRACTORS can expect at least $119 million of work to come their way from the second airport terminal project in spite of the fact that the $319.55 million contract was awarded to a Korea-Singapore joint venture. The Hyundai-Jurong Engineering Ltd joint venture453 words
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Article77 1986-01-10 14 Reuter THE controlled float of the South Korean won last year improved price competitiveness for Korean export goods by an average 15.4 per cent. To boost exports, South Korea adjusted the won downwards against major currencies by controlling the weighting of its currency basket usedReuter - 77 words
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Article65 1986-01-10 14 THE NEW YORK stock market carried its sharp downturn into another session yesterday. The Dow Jones Industrial Average fell 13 points to 1514, after dropping 39 points in its biggest one-day drop on Wednesday. Declines held a very strong 10-to-one edge over gains on a volume of65 words
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LATE FILE
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Article36 1986-01-10 14 AFP OFFICIALS at the United Nations in New York confirmed yesterday that UN short-wave radio broadcasts had been suspended temporarily for the first time in 40 years because of budget problems. AFPAFP - 36 words
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Article35 1986-01-10 14 Reuter CHINA plans to scrap a system of promoting professionals based on their length of service and would promote the talented instead, the New China News Agency said yesterday. ReuterReuter - 35 words
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Article31 1986-01-10 14 AFP TAIWAN would reject any changes which damaged its right, status and name in the Asian Development Bank, said Foreign Ministry spokesman Chiu Chin-Yi yesterday. AFPAFP - 31 words
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Article55 1986-01-10 14 Reuter JAPAN yesterday told its businessmen not to take commercial advantage of the US economic sanctions against Libya. International Trade and Industry Minister Miehio W a tana be said Japanese companies should not try to step into any trade breach which Libya might suffer as aReuter - 55 words
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Article31 1986-01-10 14 Reuter CABIN CREW on Australia's international airline Qantas are threatening strike action to back demands for changes to safety procedures on its new Boeing 7675. ReuterReuter - 31 words
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Article38 1986-01-10 14 Reuter ZIMBABWE has formally barred four English cricketers with South African links from taking part in a scheduled tour next month, a move which cricketing sources say means the tour will be cancelled. ReuterReuter - 38 words
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Article44 1986-01-10 14 Reuter A US television network has delayed production of a US$4O-million series about a Soviet takeover of the US, partly because of a Soviet warning that its news operations in Moscow could be jeopardised, said the New York Times. ReuterReuter - 44 words
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Page 14 Advertisements
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Advertisement405 1986-01-10 14 *5K \0 ULAN Court Exclusive ft Luxurious Apartments specially Barbeque pit Beautiful landscaped garden Children's playground Spacious Carpark Gosed circuit TV security system For Enquiries Bookings ANG BOCK CHWEE (i SONS (PTE) LTD 40, Barker Road, Singapore 1130 Tel: *****55, *****25 hitf-hoM l-irwl fiw fiom «>n« umhimts on ompU'tion l.ot405 words
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Advertisement0 1986-01-10 14 ^--:{-\>|{(|^""\+}+//)*-&{++_^[0 words
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Advertisement10 1986-01-10 14 US axpacta asset* in Libya to ba aaizad, Paga 310 words
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Advertisement137 1986-01-10 14 Expatriate executives ttJr invitation below Still looking for accommodation? Dissatisfied with your present arrangements? You owe it to yourself, and to your family to visit us at Ardmore Park the "Mini-United Nations of Singapore" where you'll experience convivial community living at its best and friendliness at every turn. School buses137 words
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Page 14 Miscellaneous
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Miscellaneous56 1986-01-10 14 Outlook for todoy: Windy, overcost, intermittont, light to moderate rain, heavy at times. Report for 24 hours prior to 7 30pm on Jan 9 at the airport: Maximum temperature 26.2 Associated humidity 88 Minimum temperature 23.3 Associated humidity 98 Hours of sunshine 0.00 Rainfall in millimetres 55.5 Rainfall this month56 words
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SHIPPING TIMES
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516 1986-01-10 15 LINDA CHEE - By LINDA CHEE THE SINGAPORE National Shipping Association has come up with notional recommended guidelines on minimum wages which it thinks will absorb unemployment among local seafarers. The figures were suggested to SNSA members by the 13member Council, based on feedback from coastal516 words
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217 1986-01-10 15 Reuter BRITISH PETROLEUM said its BP Shipping subsidiary is to hand crewing of its vessels to independent agencies and slim its head office staff in a drive to ensure survival after losses of £160 million in five years. It will alsoReuter - 217 words
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213 1986-01-10 15 KAWASAKI KISEN Kaisha will improve its trans-Pacific service on April L It has entered into agreements with Union Pacific Rail System, CNW and Conrail to transport its containers on double stack rail wagons to Chicago, Mid-west points and New York via Long Beach.213 words
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PORTSIDES
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Article102 1986-01-10 15 INDIA HAS agreed to extend until March 1989 a treaty allowing landlocked Nepal to ship its goods out via Indian ports, it was announced in Kathmandu. A reliable source said that New Delhi offered the 39-month period in spite of Nepal's requests for a seven-year extension. India102 words
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Article59 1986-01-10 15 Reuter LLOYDS SHIPPING Intelligence said Tunis radio reported a collision in the Mediterranean sea involving the 1,030 dwt Maltese vessel Sea Warrior and a Turkish vessel, Salih Bey, unidentified at Lloyds. It gave the position as latitude 36 50 north, longitude 11 07 east. Shipping in theReuter - 59 words
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Article1237 1986-01-10 16 A 50-CENT gain in the freight rate for grain from the US Gulf to Japan, at $13.50, featured an otherwise dull freight market on Wednesday, ship brokers said. Fresh grain fixing was otherwise slow to develop out of the Gulf although there were unconfirmed reports of a vessel1,237 words
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758 1986-01-10 16 Fairplay FOLLOWING A YEAR in which new order levels have been disastrously low throughout the world, the marine industry is once again steeling itself to the next round of capacity cutbacks in the shipyards. The Japanese government, its nerve badly shaken byFairplay - 758 words
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544 1986-01-10 16 CargoNews Asia FOUR YEARS after the race to build new coal exporting facilities in the United States, American coal exporters are still asking themselves the same question, "will Asia buy US coal?" So far the answer has beenCargoNews Asia - 544 words
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Article830 1986-01-10 16 AB Shpg V 5 Accord Shpg VI 3 Atea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Antah Orient X 5 Arrow Lines X 5 Atios Lines X 4 ANL 1 1/2 A PC Lme V 4 APL III 2/3830 words
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115 1986-01-10 16 Reuter THE JAPANESE Transport Ministry said it issued ship-' building permits in December for 12 ships totalling 407,390 gross tons against 15 at 378,550 a year earlier and 20 at 353,000'. in November. 7 They were for six ships totalling 230,890 tons for domesticReuter - 115 words
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164 1986-01-10 16 KURUSHIMA Dockyard, Japan's largest shipbuilder, appears to be drifting into an uncomfortable financial position. Kaiji Press reported that bank loans has risen above its estimated total sales for the current financial year. As at the end of September, 1985, the balance of its short164 words
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194 1986-01-10 17 CLOUGH ENGINEERING has reported a solid profit result after what it describes as one of the tough years in the civil engineering industry. In spite of the "gross inadequacies in the traditional tendering system" which produced cutthroat competition in Australia and overseas, the Western Austra-lian-based194 words
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376 1986-01-10 17 Bernama ASEAN MEMBER Countries were urged to cooperate more closely and come out with a common stand in matters related to communication and transportation. Sarawak acting Chief Minister Tan Sri Datu Kamar Sim Kheng Hong said greater efforts should be made particularly inBernama - 376 words
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304 1986-01-10 17 Lloyd's List FRENCH SEAMENs* unions are fighting plans by French shipping companies to axe "more than 1,000 seamens' jobs" over the next few months. One of France's biggest shipping companies, Chargeurs Reunis, has announced plans to shed 269 jobs inLloyd's List - 304 words
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207 1986-01-10 17 AFP JAPAN IS TO build another deep sea vessel capable of submerging to a depth of 6,500 metres this year for seismological studies, the Science and Technology Agency said. The new self-propelled bathyscaph which will cost 12.5 billion yen (U5562.5 million) to buildAFP - 207 words
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Article567 1986-01-10 17 Jan 13-14 Offshore export opportunities, seminar, Royal Lancaster Hotel, London W2 (details: European Study Conferences, Kirby House, 31 High St East, Uppingham, Rutland, Leics. Jan 14 Lecture, "Merchant ship conversions the Falklands campaign," by J Hannah, organised by Nautical Institute (South West branch), 1900 hours, RNEC Manadon. Jan567 words
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Article4674 1986-01-10 19 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. Advanced dates are published at a4,674 words
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Article773 1986-01-10 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Laust Maersk 8602 13 1 86 2330 Maersk F5 1430-1530/1230-1330 Al/Fl 1330-1430 Bl Anro Asia 28/701 10.1 86 2300 Mansfield F1 1000 1100/1400-1500 HI Tokyo Bridge 02/547773 words
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Article604 1986-01-10 23 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Daxing K34 Yick Fung alongside 10 1/1500 E'tern H'mony K 1 1 Kimtra alongside 10 1/6000 Equator 3 K23 Thong Soon alongside 10 1/0700 Manoloeverett K33 Everett alongside 10 1/2300 N Amersfoort K09 Ned-Eac alongside 10 1/1200 Nghio604 words
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Page 15 Advertisements
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Advertisement941 1986-01-10 15 Monthly from Pitman j A variable at all good bookshops and newsagents ICSes r OOCL Okient Oveiqeas CotUaUm Line STRAITS EUROPF EXPRESS SERVICE IAROPE SHPPMG AGENCES (Ret Hi 242*64 00K) 70 Shenton Way -04 03 Manna House Singapore 0707 Tel *****11 TELEX NO RS ***** CFS Off ICE IPC «03941 words
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Advertisement63 1986-01-10 15 mm THE MARINE industry is once again steeling itself to the next round of capacity cutbacks. Page II ASEAN MEMBER Countries were urged to cooperate more closely and come out with a common stand in matters related to communication and transportation. Page 111 Index to advertisers II London freights II63 words
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Advertisement1225 1986-01-10 15 I w A haid look at what it will take to succeed in business tor the next 20 years With turbulent times ahead r forewarned will be I forearmed $22.00. TIMES THE BOOKSHOP MAERSK LINE W MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH 22 DAYS1,225 words
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Page 16 Advertisements
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Advertisement326 1986-01-10 16 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Waat Feeder at Tokyo Feeder at Kobe Mother VSI LA/LB OAK Mother VSI SEAT VCD ZEELANOIA 15/2 11/2 j. ALLIANCE 19/2 20/2 YAMASHM M 22/2 25/2 CALf ORNA V 25/2 26/2 S KASHU M 1/3 4/3 TOKYO M326 words
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Advertisement283 1986-01-10 16 "r "r Supercarrier Service N ROTTERDAM BARttR TOM N rain B TUT* n ROSARB NEXT ARRIVAISN ROSARIO 27/1 BARBfR PfRStUS 27/1. B HfCTOR 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm acceptor contrs for Houston (MLB). S Francisco Oakland Slock tor and San fcejo na I AnfHn283 words
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Page 17 Advertisements
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Advertisement1090 1986-01-10 17 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabth, Sarawak, Brunei Ports and Bangkok 1 Mansfield Container Shipping Pte Ltd Overseas Containers Limited ["CONTAINERSHtP SERVICE TOLJK/CONTINENT FMMtfURT EVKSS HAMBURG EXPRESS OSAKA BAY KASUGA MMU OENAWN KOMOON BAT COT Of EDWURfiH FRAMFURT EXPRESS TOR 10 EXTRESS KAMAKURA MARU Also Accepting HaMwt1,090 words
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Advertisement995 1986-01-10 17 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE 'jfiH* j M J J sKF CONGESTION SURCHARGES The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed995 words
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Page 18 Advertisements
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Advertisement711 1986-01-10 18 TO CONTINENT/UK EXPORTS On carriaje to Scamfinavia, Med, Carribean 1 S. America Mand haulage to inland destinations in Europe Sport PUfUnj Pfn*>t luiofi B4bio Genu Hbu| ft dim Bharen A werp Al Mubv*>* 8/2 10/2 12/2 1/3 19/3 15/3 12/3 BN Youus 10/2 14/3 10/3 7/3 Sopte fUduners 1/3 10/3711 words
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Advertisement611 1986-01-10 18 /Iff Wai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines). TLX RS ***** &RS ***** EASTERN CAR I INI R. I ID. Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan V«M< S'p«t r KfUnf MNNCt MMU NO I VI Sato) SaM SHI MAGOVft V3i 11611 words
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Advertisement595 1986-01-10 18 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) hbg fii mm atianta cmcago. Detroit. cajwus t otmr major i ORLEANS HOUSTON I MOM CURACAO MA KMCSTOM 4) MONTREAL TORONTO MA BALTIMORE Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) StP D TIX W ANN IHt NVC NFK OB ASH TTO OSA PUS595 words
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Advertisement193 1986-01-10 18 MSI NOSE MARITIME PTE LTD Btl\l ISLAMIC REPUBLIC OF |R AM SHIPPING LINES KYOWA LINE IOS taiyo marine line I p 1 n jiw:\R.\ list GEN AGENTS SOUTHERN CROSS CARRIERS (PTE) LTD 15 ENGGOR ST 11-03 A *11-04 REALTY CENTRE S PORE 07C TEL *****44 TLX RS ***** SOUCROS TRANS193 words
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Page 19 Advertisements
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Advertisement309 1986-01-10 19 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL FIJI CaUMM SIM 31 Jan 12 Fife 14 Fife ESPE*A*CE MY 12309 words
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Advertisement161 1986-01-10 19 THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK *EQUATOR •EQUATOR JENSON SK 1/86 SK 2/16 SS 2/86 m SINGAPORE TO SABAH PORT CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL161 words
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Advertisement841 1986-01-10 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT FiaAHrt Fiprtst Hjaibwi Eiprns Osaka Bai Kaw(a kUru B«u>*n Kowioon Bay CRy ot fdrtwfti Frai*h»t (iprm Tate Eipresi I STORE PRELAW I SIOH HAM 11/1 13/1 20/1 22/1 21/1 20/1 5/2 7/2 11/2 13/2 22/2 24/2 4/3 4/3 11/3 13/3 30/1 31/1841 words
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Advertisement706 1986-01-10 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER ■BM TOM (OK I IMC [MM ST run nH (yi i/i li/i u/i ivi a S PORE TO JAKARTA SURABAYA CONTAINER SERVICE MAMPAMT »?M IMOI SUIABATA BUSAN a/i WEST BOUND T?SE IMM IMEM N A DAM /B DAM HUH706 words
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Advertisement425 1986-01-10 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadmg for Rangoon Spare Pafan V 94* h Port/12 Jan Htoneywa V2O7W 16/17 Jan Phashwejyawywa V 262* IS/19 Jan Pa-an V9OW 27/29 Jan 24/25 Jan 21/22 Jan \>A BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG425 words
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Page 20 Advertisements
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Advertisement1075 1986-01-10 20 USA CANADA ATLANTIC COAST (Round The World Service) Li K LINE KAWASAKI KISEN KAISHA. LTD. IHPTUNE It Ml V 53 KOREAN IACEJM V3IE/ORENTAL GOVERNOR V? 4 ORENTAL MMSTER V 23 ORENTAL EXPLORER V 39 PACIFIC COAST (IwlaitiiiK DESTINATIONS INLAND vU IPI Ml( ROBRIDUE A MINILAND BRIDGE) FEEDER/ UTOPIA V 41,075 words
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Advertisement434 1986-01-10 20 Accepting LCL South Africa Accepting Containers Only HAVuANA UMU URt S.A WAAL 9923F HDLLOYD COKMBO 0021F containarisad cargo** Diract to S port Owban Plfe C Trai 2</l 6/2 1/2 9/2 10/2 23/2 25/2 M/ 7 27/2 12/3 14/3 15/3 EZSB9 JARDME SHPHNG AGENCES (REG. *****4/ OOK) 70 SrtNTON WAY #04434 words
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Advertisement765 1986-01-10 20 '/l€ AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* I lan AABMMS II Iw 3 frt 11 Frt> 9 Frtl Kc 25 lan RMOAS 4 Feb IS FH> ?l Feb K fife A< RAVDAS I (rt 23 Feb 4 Ma> 2 Mar *< I Feb CFWODAS H Feb t Mar 15765 words
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Advertisement570 1986-01-10 20 GOLDEN LINE GUAN GUAN SHIFTING (PTE) LTD 23 lew Ayef Street SINGAPORE 0104 Til SJ4J9M (It IMS) STRAITS/PERSIAN GULF SERVICE: s,™ GOtKN BEAR Colombo fcaiactti Dubai Kuwait GOIDEN CUT Cotoflibo Aatachi Dubai Bahrain 11/70 tan 11/12 Feb rn CHINA OCEAN SUPPING CO., PEKING THE PEOPLE S REPUBLIC Of CHINA SEW-CONTAINER/570 words
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Advertisement474 1986-01-10 20 INTRASEA (PTE) LTD. 10 Anson Road *27 16 Internationa' Piaza Singapore 0207 Tel *****1 1 (10 L'nesl <► BREAKBULK SERVICE TO EUROPE/UK S pore P Ketone LaadMf tar:SOUTHERN PACftC *****21 Sated SM ROT ANT 'UK (AVON) AN ANGEL PEACE *****23 17/1 23/1 ROT/ANT/UK (AVON) A|«n»i Snfiparr MTRASEA (PTE) LTD BOWK474 words
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Page 21 Advertisements
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Advertisement961 1986-01-10 21 v±, NOL NEPTUNE ORIENT LINES LTD Ajenh S pox NEPTUNE AGENCIS PTE LTD 1«i No .I*. I*™* CFS BOOKMCS *****77 EE EU/AUST TPA SEA 2/***** ??I20?2 *****53 OR DMECT IMS *****53 *****42 I Bihu HARPER NKA SOU BHD 2*loo P Mang HARK* NBA SOU BHD *****1 31*241 P laja HARPER961 words
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Advertisement597 1986-01-10 21 VeuH t KtUnt Pnunt Bui* 20/1 M/l i/2 11/2 M/ 2 2*/2 23/2 V 3 1/3 2t/2 13/3 14/3 M/ 3 No I Don** MOM 15/1 Ha 7 Dwum MIN 2/2 No Ovum WIN ft/2 No I Daun UIN 11/7 No i Ooum M7N 24/2 No 7 Dvucn 11/3 SPl*t597 words
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Advertisement985 1986-01-10 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Nurters *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** r «a«G penang X s KJ FIOOR m TMW,G Street Penang MM*» LANG MAIAYSW Cables iAYAPOH Pf NANG let985 words
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Page 22 Advertisements
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Advertisement617 1986-01-10 22 ItegitNial Container Lines COMPAGNIE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) NXAN OCEAN/AFRICA REGULAR SEM-CONTAIOISED SERVICE VS. BETSBOKA BETSBOKA STORE LOAM* FOR 11/20 Jan Pt- L«». Roww*. T*nitw. Ourfcan. Darnalani. Mombata 11* uv do HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER t'KIAI IS! I) XI aJ* l If If617 words
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Advertisement79 1986-01-10 22 ff QJ s FAR CO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAHINGb W£EKIY Accepts* both Fd and LCI: *ICI Cargoes packed at private CFS Man Fn 9am 5 30pm Saturday 9am 12 30pm eid Sui I Pub hah WEEKLY SERVICE TO HONGKONG, KEELUNG. KAOHSIUNG I JAPAN79 words
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Page 22 Miscellaneous
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Miscellaneous182 1986-01-10 22 31 5? Regional Weather jMPi dgKi y^WA m MB fc El r ra i i *5 si V! n k SV 5c L" I m sa LUK c cr* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm182 words
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Page 23 Advertisements
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Advertisement107 1986-01-10 23 MSC AGENCES K. LUMPUR P KELANG PENANG P. GUDANG J. BAHARU LEOSWP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMWAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE □EEIIE3H EZZH Bamviii!!!inyrTM nm ALSO ACCEPTMG FOR: ANTWERP. L. HARVE, UK. BREMEN. COPENHAGEN. OSIO ALSO ACCEPTMG FROM EUROPE RIM. HAM. GOT. UK. ANTWERP. OSLO. CPH.107 words
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Advertisement301 1986-01-10 23 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG 'AT ATTRACTIVE RATES* SPORE PKELANG PtHANG HIAWAN BAKJARMASW G SELATAH 7 Y2S Sated 13/1? G SCUTA*« iK Sited 21/12 G SCLATAN-7 14/1 16/1 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS301 words
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Page 24 Advertisements
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Advertisement582 1986-01-10 24 1 ft V TO: EUROPt IG MAN S POtt EXPRESS CONVENTIONAL SERVICE TO AND FROM UK /CONTINENT STOW P HUANG PINANG FOR It/20 I* 21/23 lan 24/25 Ijn I DM. ROM HBG BHVH AMP 27/29 1» 25/24 Im 31/2 Feb 3/1 Feb 10R RDM. HBG BMVW. lOR. ROM. HBG BMW582 words
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Advertisement436 1986-01-10 24 BULK TIMBER SERVICE FOR BKGS PLS RING: BULK MARINE *****90 LCL/FCL TO NEW ZEALAND AUCK, WLG, N. PLYMOUTH, LYT'LTON, NAPIER Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT SINGAPORE TEL *****11 (12 LWES) PORT KELANG TEL *****7/*****4 PENANG TEL *****7/*****4 TRAVERWAY MARITIME LTD UU7 MONTHLY CONVENTIONAL SERVICE S'PORE Loading for436 words
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Advertisement741 1986-01-10 24 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUI COKHMR&D SERVICE TO EMOTE (*U SIE2) C PUIS 3D HONGKONG CONTAWR i OHINIAL C*F 47N KOREAN lACLRN 3?* Lrfiarit Rdjm Fstow H ta| J/2 4/2 «/2 1/2 5/2 11/2 11/2 13/2 IS/2 lt/2 17/2 11/2 20/2741 words
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Advertisement868 1986-01-10 24 I PERUVIAN STATE LINE" J loading lor CaAao Mat* an. Do and all other Pfrunan ports wth transhipment at Hot* J0 J On CPV Ihrougt! Ms ot lading tt, final destination A Penant* P KManf Smeapore A f THOMASEVERETT 12/14 Jan 15/18 Jan HUGHE VEWTT 21/22 MANOEOEVERETT V® Ftto J868 words
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Advertisement361 1986-01-10 24 ZIM rv:wr ii FULL CONTAVER SERVICE atceptnt FCL/LCL cargoes lo USA East I West Coast. Carribbeanjast Canada and HAITI St M m 8f |ZM 9NOA at w hui ZIM EILAT CONTAINER LINE Sparc EW Inula Kapar m rtfsn 24/1 a/2 is/2 20/2 17/2 w/2 m KIBOUWt 11/2 24/2 7/3 1/3361 words
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