The Business Times, 17 January 1986
1986-01-17
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The Business Times
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Title Section12 1986-01-17 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, JANUARY 17, 198« 75 CENTS12 words
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227 1986-01-17 1 AFP. AP HONGKONG, South Korea and Taiwan could be excluded from the US Generalised System of Preferences, which allows certain exports into the US market duty-free. Republican Senator John Danforth said in Hongkong on Wednesday that he believed that Congress wasAFP.; AP - 227 words
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110 1986-01-17 1 Reuter JAPAN'S trade surplus hit a record in 1985, with preliminary figures issued yesterday showing a U5546.14 billion gap between exports and imports. The Finance Ministry said the surplus for December alone was a monthly record of 56.64 billion. Preliminary figures for the tradeReuter - 110 words
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Article644 1986-01-17 1 LISA LEE - Published prices reduced by 20 to 35 per cent By LISA LEE MORE HOTELS have slashed their published rates this year. The cuts are slightly sharper than those initiated by the pacesetters towards the end of last year, raising the spectre of another round of644 words
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Article, Illustration429 1986-01-17 1 JOHN LIM - By JOHN LIM BURMA and Singapore have taken different routes after their independence and have had different experiences, said Prime Minister Lee Kuan Yew yesterday. But there can be an advantage in sharing experiences because the two countries still have some common approaches or attitudes to429 words
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Article, Illustration272 1986-01-17 1 mm \mmi SHARE PRICES took another beating yesterday as waning investor interest took prices down for the sixth consecutive session. Trading was still quiet with 7.92 million shares valued at $13.34 million changing hands compared with Wednesday's 6.28 million units worth $12.91 million. The Straits272 words
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408 1986-01-17 1 MARTIN SOONG - By MARTIN SOONG MOST SINGAPORE employees enjoyed unchanged year-end bonuses last year in spite of the contraction in the economy. The first National Trades Union Congress survey of bonuses paid out to members of 590 branches of 27 unions showed that 88 per408 words
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432 1986-01-17 1 HOMER CHEN - By HOMER CHEN THE RECEIVERS of the debtridden Pan-Electric Industries group have instigated legal action to recover money from troubled stockbroking firm Associated Asian Securities. Price Waterhouse filed a suit against AAS on Jan 15 for the sum of $60.17 million for432 words
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Page 1 Advertisements
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Advertisement19 1986-01-17 1 Let us mm) nurture f W i y? ur i AW business CITIBANK* Commercial Banking Be a good sport19 words
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Advertisement231 1986-01-17 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV ft RADIO DOONESBURY BRISTOW OUR VIEW SINGAPORE ENTREPRENEURS must be aggressive in seeking out new business opportunities in old and new export markets. The government has responded favourably to the complaints of many businessmen and the TD6 is ready to provide231 words
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Advertisement96 1986-01-17 1 Full report, Page 12 Int'l stocks, Page 10 Asian stocks, Page 11 BALLY of Switzerland ...meets the challenge of today. The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe Co (Lucky Plazal Chanrai Branches SporeDaimaru D jien Boutique Euro Shoe96 words
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Advertisement42 1986-01-17 1 MINOLTA EP3SOZ Revamp of Pan-El recommended, Page 13 BT continues with the series which examines events that made 1985. Marin*: A testing time for the industry, Shipping Times, Page II Transport and Communications: Projects get moving in spite of receesion, Page 842 words
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HOME NEWS
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371 1986-01-17 2 BOEY KIT YIN - By BOEY KIT YIN THE PROMOTION of Singapore's industrial and service capabilities at two international exhibitions in China and India last November has met good response. Local companies received $1 million worth of orders for production lines and industrial equipment from the Chinese at371 words
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Article107 1986-01-17 2 THE Skills Development Fund is organising another training programme for corporate trainers next month. The programme is packaged by the Training Technology Division of Slough College, which is reputed for its human resource training in Britain, and coordinated by the Singapore Hotel Association Training and Education107 words
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197 1986-01-17 2 SAXOPHONE, the restaurant at Cuppage Terrace, has been granted a licence for live music at night. The Public Entertainment Unit issued the licence last Friday on the understanding that the management will have to renew it on a weekly basis. The night spot197 words
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Article291 1986-01-17 2 SHAHRIR ARIFF - ASIAN k AERSPACE'B6 By SHAHRIR ARIFF AUSTRALIAN aerospace companies are now discussing the possibility of entering into joint development projects with at least one member of Asean. Specific projects identified for possible joint study are close air support and forward air control aircraft, low cost291 words
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309 1986-01-17 2 BOEING Commercial Airplane and KLM Royal Dutch Airlines have awarded $22.5 million worth of orders for commercial flight simulators to CAE Electronics of Montreal. CAE is one of the 20 Canadian companies taking part in Asian Aerospace '86. The company is also in309 words
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253 1986-01-17 2 MOBIL OIL SINGAPORE yesterday donated $60,768 to the Community Chest, its first and the Chest's biggest collection this year. "According to the Community Chest, Mobil employees are contributing a rate above the national average," said Mr LW Allstadt, its chairman, who presented the253 words
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Article140 1986-01-17 2 A TENNIS CLUB which makes home videos for sale seems an unlikely combination but that is just what the Singapore Tennis Centre has done shooting documentaries for sale. It has produced 18 tapes so far and hopes to sell them to television stations abroad140 words
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Article62 1986-01-17 2 THE International Y's Men's Club of Singapore Beta Chapter is organising a charity dinner and dance tonight to raise funds for needy school children. Each year, several children of those receiving social welfare aid benefit from the scholarship fund. Tonight's dance will be at the Hilton Hotel.62 words
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Article, Illustration396 1986-01-17 2 MICHAEL CARTER has been appointed the senior manager (marketing) in the business development department of Arab Banking Corporation, Singapore branch. The bank has also appointed Cellin de Sesza as the manager, business development. Mr Carter was with the bank's head office in Bahrain before his recent appointment.396 words
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Page 2 Advertisements
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Advertisement279 1986-01-17 2 i J 7 AS ill Ji INCLUDES DAIA PROCESSING AND OFFICE AUIOMffnON. Effective communications is often the key to business success. And in most businesses, the key to effective communications is networking. Unfortunately, most of the companies that., supply networking offer only a partial solution. Which is why you should279 words
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Advertisement9 1986-01-17 2 WORLDWIDE COURIER Changing the way the world does business.9 words
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OVERSEAS
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Article906 1986-01-17 3 ARRIVALS Operator Service number Local time From THAI FT PAA TG98I FT7I PA21/5 0025 0110 0155 BKK JEK/ORD/ANC /NRT/MNL/TPE LAX/TYO/HKG SV SIA SIA CAL MAS MAS MAS MAS SV398 SQ4I SQ43 ClOlO MH681 MH603 MH67I MH811 0445 0615 0730 0740 0820 0905 0935 0940 JED/RUH MAA DHA906 words
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344 1986-01-17 3 UPI, Reuter THE US government has taken the first historic step towards a painful enforcement of the Gramm-Rud-man balanced budget law, estimating that US$ll.7 billion must be cut by March 1 in almost everything from the Pentagon to the postal service.UPI,; Reuter - 344 words
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Article, Illustration539 1986-01-17 3 Minister says US wants coordinated interest rate cut FT A PREDICTION from Mr Martin Bangemann, the West German Economics Minister, that the US would seek a coordinated reduction in interest rates by the finance ministers of the Group of Five (G5) major industrial countries atFT - 539 words
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307 1986-01-17 3 FT THE REAGAN administration has decided to seek major changes in the US antitrust laws in order to allow American companies to compete better in the international marketplace. The White House press spokesman, Larry Speakes, said yesterday that the administration would ask CongressFT - 307 words
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148 1986-01-17 3 Reuter ASIAN MIGRANTS are becoming Australia's model citizens with their ambition and drive, making a substantial contribution to the economy, according to a survey published yesterday. The survey, conducted among 150,000 migrants from India, Malaysia, Indonesia, Singapore and the Philippines by Adelaide's FlindersReuter - 148 words
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531 1986-01-17 3 Reuter, AFP SOVIET LEADER Mikhail Gorbachev has proposed a three-stage plan to rid the world of nuclear weapons by the year 2000 and announced that Moscow's unilateral nuclear test moratorium would be extended for a further three months.Reuter,; AFP - 531 words
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222 1986-01-17 3 Reuter THE SOVIET UNION will introduce a new payment system to give talented scientists, designers and technologists more incentive and to penalise the lazy, according to the weekly Literanaturnaya. Western diplomats said the system could turn out to be a modelReuter - 222 words
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Page 3 Advertisements
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Advertisement111 1986-01-17 3 WORLD'S FINEST WHOLE-BEAN COFFEE ttm M W&m&ts: ■if BONCAFE is 100% pure, freshly roasted, choice coffee beans from the key regions of Costa Rica, Colombia, Brazil and Kenya. Packed in a special gold foil bag to seal in the original freshness of good coffee. And ground only as and when111 words
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Advertisement168 1986-01-17 3 >And how it all begins Diners of today, more discerning in taste and definitely calorie-conscious. With us, discover a Sichuan vegetarian fare that has become an exquisite full 8-course Sichuan spread. Out goes the tasteless canned r vegetables and pallid mock meat. In place a new. exciting cuisine created bv168 words
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Page 3 Miscellaneous
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Miscellaneous36 1986-01-17 3 Doonesbury 9.91 t:K m I Is BY GARRY TRUDEAU MS. J. J. CAUCUS INVIT& you TO A SHOUJIN6 OF HE* POST-GRAfFiJI LATRNE MURALS ATCLUB STOP V 30P"rTSAN INVITATION FROM MiSlSmt-IN-LAW! 01 13 r ti s 3**36 words
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RAW MATERIALS
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Article13 1986-01-17 4 KL TIN Closing P'ices on Jon 16 (M$/kg) Price Suspended Turnover (tonnes) Suspended13 words
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Article695 1986-01-17 4 COFFEE A sharply lower New York market on Wednesday afternoon triggered a wave of nervous profit-taking selling and long liquidation to push robusta futures below Tuesday night's close to post losses on the day of £50 to £78 a tonne. The market eased in the afternoon as New695 words
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Article111 1986-01-17 4 Reuter THE LEGAL IMMUNITY of the International Tin Council (ITC) was upheld on Wednesday when the Arab Banking Corporation failed in a £15 million claim against it. The bank also failed to win a court order preventing the ITC from selling its assets. Solicitors in LondonReuter - 111 words
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Article150 1986-01-17 4 Chinese Produce Exchange Sellers' noon closing prices on Jon 16 (SS/100 kg) Coconut oil Bulk FOB 70 00 CMd drum FOB 83 00 New drum FOB 87 00 Copra Mixed (loose) 35 Pepper buyers Muntok White FOB NLW 1450 Sorawak White FOB toq NLW )440 Sarawak special block150 words
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Article66 1986-01-17 4 Bangkok (US$/ronM. FOB) White Rice 100% 1st ckiss 280 100% 2nd class 255 100% 3rd closs 250 5% 240 10% 235 15% 230 20% 225 25% 215 35% 210 Broken Rice A-l Super 155 A-l Special 152 C-1 Speciol unq C-l Ofd unq Loonzain Rice 100% 1st grade unq66 words
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Article236 1986-01-17 4 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 158 00 cents per kg, up 0.50 cent from Wednesday. The morning session ended 0.50 cent higher, after moving uncertainly on short-covering and profittaking in moderate trading. Prices were little changed in quiet afternoon trading236 words
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Article197 1986-01-17 4 SOYBEAN FUTURES on the Chicago Board of Trade on Wednesday closed 12 Vi to nine US cents a bushel higher on widespread rumours of Soviet purchases of US soybeans, and possibly West European-origin soymeal. Continental Grain was an early buyer, and Merrill Lynch and C D Commodities followed. CAD197 words
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Article211 1986-01-17 4 WHEAT FUTURES on the Chicago Board of Trade erased earlier gains on a late wave of selling and closed two to V« US cents a bushel lower on Wednesday. March ended near the bottom of a 6'/«-cent range. The late sell-off was led by C D Commodities and CIS211 words
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Article340 1986-01-17 4 RAS prices tn S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers (nt 1 RSS Prompt 158 50 159 50N 157 50 158 50N Int 1 RSS Feb 86 159 00 159 50 158 00 158 50 ln» 1 RSS Mar 86 160 50 161340 words
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Article107 1986-01-17 4 (cents/kg, 1-ton pollets) pfg MAR 86 (current month) (forward month) NOON NOON RAS &uy*rs Buret Sellen SSR 20 153 50 155 50N 154 00 156 00N SSR 50 151 50 153 50N 152 00 154 00N MRELB ftuyvrs Sellers Buyers Sellers SMR CV ***** 220 50N 219107 words
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Article154 1986-01-17 4 MALAYSIAN crude palm oil prices closed slightly lower yesterday on renewed selling and lack of fresh buying interest in quiet trading, as operators awaited the outcome of overseas tenders. The presence of India and Pakistan in the market initially supported levels. January deliveries in the central region fell154 words
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Page 4 Advertisements
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Advertisement360 1986-01-17 4 Introducing Singapore's very own ALR 286 the price/performance leader in IBM PC-AT Compatibles 5 v 'V' r 'T XTfet price v > \y .V 4 f M 1 I' 1 r rrrwi «r „*r_r.w\T «r." r «r/.v" wj v.; Features: STANDARD ***** 16-bit CPU 8 MHz clock rate 512 KB360 words
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Advertisement56 1986-01-17 4 NATIONAL UNIVERSITY OF SINGAPORE Presents Public Lectures on The Nature And Constituents of Textual Structure SIR RANDOLPH QUIRK (President. The British Academy) Lee Kuan Yew Distinguished Visitor TODAVS TOPIC (Friday, 17 January- 1986) APPROPRIACY Venue Lecture Theatre 13, Kent Ridge Time 5.30 pm .All <ARI WELCOME Aiitnisshtu Is free lor56 words
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AIR CARGO
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Article103 1986-01-17 5 TRADERS, freight forwarders and cargo agents who are still not familiar with the Trade Development Board's new import and export forms can attend sessions to help them understand how to complete the forms. Conducted by the Trade Development Board, the briefing sessions on "How to Declare Your103 words
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Article216 1986-01-17 5 ARRIVALS Operator Flight Local From number tin* FRIDAY FT FT7I ono JFK/ORD anc/nrt MNL/TPE FT FT71 2355 JFK/ORD ANC/NRT TPE SATURDAY CAL CJ333 0130 TPE CV CV796 0845 LUX/DXB KAL KE685 1955 SEL SUNDAY FT FT73 2355 LAX/SFO ANC/NRT OSA/TPE MONDAY NW NW903 1840 JFK/IAH SFO/ANC NRT JAL216 words
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317 1986-01-17 5 THE LAST of Britain's cargo airlines, Lonrho-owned Tradewinds Airways, has ceased trading, accusing the government of putting it out of business. Lloyd's List reported that the final straw for the airline was the new anti-noise regulations introduced in the US on Jan 1, with317 words
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278 1986-01-17 5 ALVIN TAY - Next Asian Aerospace show expected to bring more business By ALVIN TAY AIRCARGO CARRIER, Flying Tigers, transported almost every single exhibit flown out of the US to the Asian Aerospace '86 exhibition. The exhibits, weighing about 90,000 kilograms and occupying 28 pallets, were flown278 words
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Article, Illustration532 1986-01-17 5 SINGAPORE is Australia's busiest air cargo route out of the country, says an Australianbased magazine, Asia Today. Mr Roger Parkes, Qantas Air Cargo's acting director, says that 90 per cent of the cargo is perishable goods meat, vegetables, and fruit of which 70 per532 words
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87 1986-01-17 5 SCANDINAVIAN AIRLINES Systems' (SAS) first direct flight from Singapore to Stockholm leaves Changi Airport today. The new service which stops briefly in Bangkok before flying non-stop to Stockholm has been introduced to cater especially for Stockholm-based businesses and to meet the growing interest of87 words
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Article68 1986-01-17 5 MARTINAIR Holland is investing about US$lOO million in a Boeing 747-200 C which is due for delivery in March 1987. The convertible aircraft is needed in view of the company's future expectations and the increasing demand for aircraft capacity, especially in the cargo and trans-Atlantic68 words
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Page 5 Advertisements
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Advertisement104 1986-01-17 5 wmm v <' A 1 1 50*? ir p -•k v /T- C n V- *7? *K <: J.**:*-< M -.V :^.r c J pmmrn n su f M "You think him worth flattering George Bernard Shaw Royal Salute. The ultimate form of flattery. The ultimate gift. After all, what104 words
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BANKING AND FINANCE
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Article, Illustration515 1986-01-17 6 SOH TIANG KENG - Regulatory authorities vigilant By SOH TIANG KENG, Financial Correspondent ALTHOUGH insurance and reinsurance companies are in difficulties in many parts of the world, Singapore insurance companies continue to stay financially sound. Mr Chew Loy Kiat, the chairman of the Asean Insurance Council, told BT yesterday515 words
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253 1986-01-17 6 Reuter THE ASIAN Development Rank will make available an US$lOO million for lending without government guarantee to the private sector. A bank spokesman said the scheme was approved in November and is expected to be implemented early this year. He added the fundReuter - 253 words
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Article77 1986-01-17 6 Reuter TAIWAN WILL SEEK most of its financing for its 14 major construction projects in the country instead of from abroad. Central bank governor Chang Chi-Cheng yesterday said that the central bank will use part of its foreign currency reserves of U5522.5 billion toReuter - 77 words
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Article38 1986-01-17 6 Reuter THE Commonwealth Bank of Australia said it will lower its prime lending rate to 20.25 per cent from 20.75, effective Jan 20. The bank said the decrease follows recent downward movements in money market rates.Reuter - 38 words
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127 1986-01-17 6 Reuter AN AID DONOR group has said that it would back Burma's development plans after receiving a promise from Rangoon that it would try to narrow its trade and budget deficits. The group said on Wednesday that it would help to finance plans toReuter - 127 words
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192 1986-01-17 6 DBS BANK will launch its telephone banking service, DBS Autophone, today. The service is available to all personal account-holders of the bank and allows users to conduct barking transactions at the push of telephone buttons. To enjoy the service customers need only dial *****11, using192 words
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300 1986-01-17 6 AFP A LEADING ECONOMIST in Indonesia has warned that any sharp drop in bank interest rates would force capital out of the country in search of higher rates. Antara news agency yesterday quoted Sumitro Joyohadikusumo, an economic adviser to President Suharto, as saying thatAFP - 300 words
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286 1986-01-17 6 Reuter INTEREST RATES are rising ahead of the March half-year tax period, reflecting nervousness in the New Zealand market about the period and the Reserve Bank's liquidity management, money market dealers and analysts said. The main indicator 90-day commercial bills rose to 22.45 perReuter - 286 words
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MONEY AND EXCHANGES
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Article, Illustration705 1986-01-17 6 SINGAPORE The US dollar closed slightly lower against major currencies in thin late trading yesterday. The dollar eased slightly to 2.4540/50 marks from an early 2.4560/70 and compared with New York's 2.4550/60 close. It weakened slightly to 2.0765/75 Swiss francs from an early 2.0780/90 and New York's 2.0770/90705 words
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Article242 1986-01-17 6 HONGKONG: The metal closed firmer yesterday in hectic and nervous trading as shortcovering and buying interest continued. It ended at U*****.00/75 an ounce compared with New York's $349.10/60 close and the $341.50/90 finish here on Wednesday. On the local market, gold rose HK$B3 to close at $3,249 a tael.242 words
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Article246 1986-01-17 6 Interbank rates at 3pm yesterday: BM Offor c tom parity change Locol dollars to on* unit of foreign currency US dolor 2 1250 2 1260 ***** -2463 Sterling pound ***** 3 0667 7 3469 -58 31 Australian dollar 1 4800 1 4828 3 4286 -56 88 NZ dolor246 words
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Article319 1986-01-17 6 BA Futures A LIKELY interest rate cut in West Germany and the Fed's announcement of five and seven-day system repurchase accords saw March EmrwUllar futures opening sharply higher yesterday at 92.00. Trading was locked between 92.01 and 91.98 in the early session but at midday, prices fell to 91.90BA Futures - 319 words
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Article118 1986-01-17 6 THE OVERNIGHT rate on the Singapore interbank money market fell by V* point from Wednesday to end at 5 per cent yesterday. The one-month term rate rose by Vfe point while the two and three-month rates rose by 1/16 point each. S$ Interbank rates at 7pm yesterday: OHtf118 words
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Article315 1986-01-17 6 Asian market ASIAN DOLLAR deposit rates closed easier yesterday compared with Wednesday's levels, after a day of moderate trading. One to six months rate closed at a common level of 8-3/16 8-1/16, each down 14 point from Wednesday night, nine months at 8-5/16 8-3/16, down Vfc and one year at315 words
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Page 6 Advertisements
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Advertisement117 1986-01-17 6 They May Cost The Same, But One Lasts A Longer. If you send the one on the left as a gift to someone, you probably impress nobody. As you ran see here, the reason is crystal clear. The one on the right, on the contrary, refects your personality and exquisite117 words
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Advertisement126 1986-01-17 6 MONTBLANC THE ART OF WRITING „MEISTERSTIJCK" the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from the piston-filling system to the 14-carat gold nib and the gold-plated fittings. The MEISTERSTUCK is126 words
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Page 7 Advertisements
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Advertisement257 1986-01-17 7 I N Quiet, understated luxury. Yes, the style and service for which Westin is renowned return to Singapore in exciting Raffles City, the crossroads of the business and shopping districts. The Westin Plaza will house the most tastefully decorated rooms in Singapore. Space and amenities will surprise even the most257 words
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FEATURES
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Article459 1986-01-17 8 IT IS TIME for Singapore entrepreneurs to wave the flag and to be aggressive in seeking out new business opportunities in old and new export markets. Some areas of opportunity have been outlined by the Sub-committee on International Trade and the Trade Development Board. Among the459 words
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Article, Illustration1801 1986-01-17 8 LIM SOON NEO - THE YEAR IN REVIEW Communications! and transport I Projects get moving in spite of recession Singapore companies in transport and communications had an eventful year in 1985 because, and in spite of, recession, reports LIM SOON NEO. LIM SOON NEO. THINGS REALLY GOT moving in the1,801 words
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Article485 1986-01-17 8 Y S Lau - Letters to the Editor Y S Lau President Singapore Concrete Institute Dear Sir, I refer to the article "Higher Standards for Use of Concrete Next Year" by your reporter Mr Jeffrey Tsang which appeared in Business Times on Dec 10, 1985, and shall be grateful for space485 words
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Article129 1986-01-17 8 Dear Sir, In the BT of Jan 10, you reported that a group of professionals, in a study of the Pan-Electric fiasco, has proposed the use of public funds to bail out the securities industry. I fail to understand the logic for such a drastic action as129 words
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Page 8 Advertisements
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Advertisement241 1986-01-17 8 W i 0 e °'THE CHEAPEST 'LIVE' SEAFOODS IN TOWN! r FisHFam > Restaurant 1 At East Coast Recreation Centre next to Mac Donalds SPECIAL BUSINESS LUNCH Menu for Five Persons *****0 (Six Dishes) LIVE PRAWN 300gm $1700 MUSSELS $600 LIVE SEA BASS Ipc $14 00 •VEGETABLE $4 00 LIVE241 words
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Page 8 Miscellaneous
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Miscellaneous662 1986-01-17 8 CRYPTIC PUZZLE ACROSS I Young bird with ottroction ot the end of the street (6) 7 It wields the correct weopon with dexterity (5, 3) 8 Position ot a river course' (4) 10 Gome to take more than o hint (6) 11 Like the struggle to the top (6) I662 words
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Miscellaneous0 1986-01-17 8 ^$''`=_*"`*|'-)>&;>(~'<"/?@){_+0 words
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SPORTS
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Article442 1986-01-17 9 WALTON MORAIS - Organisers of Satellite Circuit promise greater media exposure By WALTON MORAIS THE TENNIS ORGANISERS of this year's Singapore Satellite Circuit are dangling the promise of greater media exposure in a bid to lure prospective sponsors. They are planning Circuit '86 to be spread out over442 words
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Article, Illustration491 1986-01-17 9 AP HAL SUTTON converted a swing change and a new set of clubs into a seven-under-par 65 that gave him a share of the first-round lead on Wednesday in the US$6OO,OOO Bob Hope Chrysler Classic. "I have a lot of newAP - 491 words
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Article451 1986-01-17 9 AP HARD-HITTING Brad Gilbert, pumped up by a small but vocal crowd, shocked defending champion John McEnroe on Wednesday night, ousting the world's second-ranking player 5-7,6-4,6-1 in an opening-round match of the US$5OO,OOO Nabisco Masters tennis championships. With the victory, Gilbert, ranked 18th in the world,AP - 451 words
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415 1986-01-17 9 AFP THE "FREMANTLE DOCTOR", that vigorous south-west-erly breeze which buffets the coast of Western Australia at this time of year, is the major talking point among foreign America's Cup challengers preparing for a full-scale cup dress rehearsal The World 12-metre Championship, startingAFP - 415 words
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147 1986-01-17 9 AP PRIZE MONEY at this year's British Open golf championship at Turn berry will go up to a record £600,000 as part of a package of sweeping reforms. This increase of more than £50,000 on the 1985 figure represents a 13 per cent rise,AP - 147 words
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Article166 1986-01-17 9 Reuter WORLD CHAMPION Alain Prost of France went off the track as he tried to overtake Brazilian Ayrton Senna on the third day of Formula One tyre testing at the Jacarepagua Circuit near Rio de Janeiro on Wednesday. Prost's McLaren left the track when heReuter - 166 words
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145 1986-01-17 9 AFP THE WORLD 12-Metre Yachting Championships to be held in Perth next month suffered a major setback on Wednesday when the strong Western Australian syndicate, Taskforce 87, decided to withdraw both boats, Kookaburra and Kookaburra II. The Taskforce team, backed by Perth millionaire businessmanAFP - 145 words
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Page 9 Advertisements
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Advertisement107 1986-01-17 9 Keep a date with Sewy Ballesteros in "Play Golf the Sewy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure107 words
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Page 9 Miscellaneous
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Miscellaneous1184 1986-01-17 9 m mm u rff w V A »Cono from 'The Longmat Day'. FRIDAY NIGHT MOVIE "The Longatt Day" 10.30pm, Channal 5 It is D-Doy in World War 11, as seen through the eyes of the Americans, French, British and Germans. The programme traces the events leading up to the Allied1,184 words
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INTERNATIONAL STOCKS
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284 1986-01-17 10 AFP THE US aircraft maker Boeing has accused its Western European competitor, Airbus Industrie, of selling at a loss for more than 10 years. Boeing officials said that according to their estimates. Airbus Industrie has lost between US$B billion andAFP - 284 words
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194 1986-01-17 10 Reuter INTERNATIONAL Harvester, the company which helped turn the prairies into farm fields with Cyrus McCormick's reaper, abandoned the farm business last year and its rustic name this month. The company whose products were once a staple on the roads and farm fields ofReuter - 194 words
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322 1986-01-17 10 Reuter TECHNOLOGY ISSUES on Wednesday provided the ingredients for Wall Street's best session since the record breaking decline one week earlier. Banking stocks and savings and loan issues also improved on some new enthusiasm about the possibility of lower interest rates. The Dow JonesReuter - 322 words
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Article179 1986-01-17 10 JAN 15 Abitibi Ale on Algomo Argoen Hldgs Bonk Mont Bonk Nova Scotia Bell Canada BP Con Ltd Brascon Con Imp Bk Conpoc Corkng O'Keete Cmbl Rd Lk Cn Bthrt OA Commco C* 15* 43 20 32* 13* 39* 304 36* 40 18 12* >1 unch unch 1* -1-179 words
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Article280 1986-01-17 10 JAN 15 Rand Unrsec 650 -5 Wooh»orth 1325 -75 INDUSTRIALS MININGS A Alpha 1020 unch Abercom 230 -5 4100 +150 AE And CI 925 •5 Anglvool ***** Amoprop 510 unch EMyyoors 1680 80 ZXT 3800 unch Buttets 8550 250 Barlows 1500 35 Charter 880S -50 C G Smith 2550280 words
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Article737 1986-01-17 10 JAN IS US$ Alton Alumm 30V V Alcoo 39V V Alegheny Lud 18V i*>ch Afced Chem Cp 45 V V Alied Storm 67Vi V Afcs-Chalmers 4 -V Am Brands Inc 64 V Am Broodcost Am Can Co 62'"% IV Am Cyanamid 55 V. V Am Elec Pwr 23V737 words
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Article939 1986-01-17 10 Amsterdam JAN 15 fh ABN 594 50 55 Aegon ***** 16 Ahold 84 50 2 Akzo 157 10 1 9 AM£ V 93 80 07 Amtos Amro Bonk 114 70 27 Befkel 36 40 09 Bote Borsumq 546 00 4 Bosk ok* Be* Tet 138 80 2 6939 words
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Page 10 Advertisements
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Advertisement561 1986-01-17 10 <•- :*tj: j&r ss szs* r swum St 4 I m m W w s 1 > Si if? trsa ,i v Al THE SWALLOWS Top band m Taiwan These 5 ynqing sffrs nauejust wwhed a singing st-nt« Japan The vivacious group combines trie* musical taients vv«h supert) sMoxxTnansfnp to561 words
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Advertisement146 1986-01-17 10 London stocks on pago 13 AND THE PERFECT COMBINATION GOOD Ml SIC AND GOOD WINE GOOD FRIENDS AND LAI'GHTER YOI AND YOt'RS AT THE LOl NGE ROSFMARIE. DAISY MAVELICA AND EMMAVEL. WITH TOP CH ARTERS OLDIES AND ROC K N ROLL PIT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT146 words
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ASIAN STOCKS
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Article405 1986-01-17 11 HONGKONG: Share prices closed higher yesterday, buoyed by bargain hunting by institutions and small investors. The Hang Seng Index rose 13.56 points to 1,797.22. Turnover climbed to HKJ200.55 million in yesterday's full day of trading from $181 million in Wednesday's half-day session. Brokers said buying was aimed at utilities,405 words
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Article282 1986-01-17 11 JAN 16 WT Non Yo Ptos 31 40 unch Pocific Cons 1890 unch All Sincere Indus 220 001 Pacific Elect 14 70 0 72 15 20 25 20 23 00 26 60 0 15 unch unch unch <15 unch A wo Cement Cathay Cons Chong H*a Bank Chen Loong282 words
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Article487 1986-01-17 11 TOKYO: Prices rose sharply in light trading yesterday, ending a four-day consecutive fall as investors began to hope for an agreement on a joint reduction of interest rates at the G-5 meeting in London this weekend. The market average rose 98.53 to close at 13,027.13 after losing 48.42 on487 words
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Article87 1986-01-17 11 JAN 16 Pesos Oriental B 0013 unch Ph4e« B 0 1550 0 005 Acoie Mirung Pic op B Anglo Phil 0 00) unch PLOT 39 unch Apex Mmmg B Arios Coo B 0 0095 unch Podco B II 05 Pogei Boguio Gold 0001 unch Bosic Petroleum 0 003 087 words
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Article481 1986-01-17 11 SYDNEY: Australian share markets surged to a record close yesterday after a major rise in gold prices in London and New York overnight and increased takeover activity. At the end of trading, the All Ordinaries Index had risen 10.4 to 1,060.9 against its previous record close of 1,052.2 on481 words
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Article96 1986-01-17 11 JAN 16 Won Hyundai Const 1046 3 Book Seoul 660 Hyundai Motor 1906 -13 11 KAL 560 10 Choheung Bk 640 8 Korea First 718 18 Commerool Bk 682 3 Yukong Koreo Ship 1760 unch Doelim k>d 510 9 366 -10 Dae~oo Corp 498 5 Lucky Ltd 720 596 words
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Article132 1986-01-17 11 BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.43 to 135.00. Turnover amounted to 60,465 shares valued at 9.6 million baht. JAN 16 Aokhom Thoi As«o Ftoe Ayuthoyo Inv And Trust Bangkok Agro-ind Bangkok Bank Bank Of Ayudhoyo Ltd Berk Jucker kahts 143 204 118 1 2 unch132 words
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Article50 1986-01-17 11 Reuter DAIEI INC, Japan's largest supermarket chain, will open an investment advisory company next month. The company at first will manage Daiei group funds for investment in domestic and overseas stock and money markets. It will receive advice from the Japanese subsidiary of Morgan Grenfell Holdings. ReuterReuter - 50 words
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299 1986-01-17 11 AP THE SEMICONDUCTOR industry, begun in the US in the 1950s and dominated by American companies ever since, has a new leader in worldwide annual sales NEC Corp of Japan. NEC, an electronics conglomerate, jumped from the No 3 position toAP - 299 words
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Article98 1986-01-17 11 UPI TDK CORP. a major Japanese acoustic tape manufacturer, will buy a factory in West Germany to produce magnetic tapes, starting later this year or early next year. The factory with a monthly capacity of three million reels will be the company's first productionUPI - 98 words
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Article44 1986-01-17 11 AP PABST BREWING Co s closed brewery in New Jersey is being dismantled for shipment to China, as a way of serving an untapped market there. The company's owner, Paul Kalmanovitz, made the announcement in fullpage advertisements in Milwaukee's two daily newspapers. APAP - 44 words
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Page 11 Advertisements
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Advertisement189 1986-01-17 11 <K\ 1 K TVs j \t£ v VOUOSINOFOtf 409 ItoAd liHl|liio3)tW 73JJ061 Showtime at the lON takes on a very FIZZICAL approach. lulia, Karen and Trevor put on a non-stop show that goes from comedy to nostalgic rock and roll, to a dazzling specialeffects routine. Come for the sizzle that's189 words
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Advertisement137 1986-01-17 11 4< v-eatA fiMA A k.» •'*s~?r%'"' jk' v: V 7 !'<. a a Si übertua d>rtll Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting BUSINESSMAN'S LUNCH Monday to Friday 526 50 10% service charge 3% CESS SUNDAY BRUNCH $24 00 10% 3% (adult) $12137 words
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Advertisement178 1986-01-17 11 r Paramount Hotef Where the happy people go t'i Top models from Mannequmn Arts Studio will dazzle you with the latest fashions We re blasting off tonight and every night at Para Wave Discotheque Take off to the stars groove to the pulsating rhythms spun by the dynamic music makers.178 words
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Advertisement230 1986-01-17 11 TEPPAN YAKI Succulent Steak and Seafood prepared right before you at the way you like them. '<9? V r•vi JS Try our Japanese Set Lunch/Dinner. Prices are affordable created to suit local taste. e ur as createc er several Sushi Sets for dable oca teste buds ocal taste. only at230 words
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Advertisement142 1986-01-17 11 hi Savoury Delights Await You At toilHN- POHHI h O Camphnr Tm VMM Duck 3 \br«7 Lnbs*rs trtft M II M Harvest o/ KMf frmriß nttiSatad Hong Kong Dian Xirt arailable during lunch For reservations call 235 2698 or 734 6622 ext 141/144 Lunch: llam-3pm Dinner: 6pm— 11pm fAIHXmiII MO142 words
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SHARE INFORMATION
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Article, Illustration4679 1986-01-17 12 MALAYSIAN speculative counters led by Promet and Raleigh came under some selling pressure yesterday, causing the stock market to close on a weak note. Volume leader Promet lost seven cents to 57 cents on a volume of 793,000 units, contributing to the weakness in4,679 words
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Article277 1986-01-17 12 SINGAPORE Rises Apollo 80 Sun L im 172 M Toi-Pon 7J 0 C I C 725 Sri Hortomot 220 Kings 944 Rothmonj Msio 366 Inchcope 164 Kulmi Muo 50< 142 Pcfln Plont 261 Cerebos 50c 210 Spore Lond 200 Falls 12 10 8 5 5 2V> 2277 words
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Article3003 1986-01-17 12 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 70S) 0)066 Alcom (0 518 0 5145) (12) 051 (21) 051 All.ed Choc (I 998 2 02S) (5) I 99 (2) 1 99 Amol Steel 50c (0 765) (4) 0 78 (2) 0 77 (10) 0 764 (I) 03,003 words
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Article288 1986-01-17 12 Monogers' prices MARA-Bumiputra for Jon 17 First B'putro 4 60 4 65 Singapore Unit Trust Second B'putro Third B'putro 4 31 4 36 3 54 3 59 The Commerce 0 96 1 02 Fourth B'putro 3 84 3 89 The Savings Fund 0 82 0 87 Fifth B'putro288 words
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Article118 1986-01-17 12 HONGKONG Wednesday 1549 1 Week ogo 1540 4 NEW YORK Dow Jones Wednesday 1527 29 Tuesday 1519 04 Week ago 1526 61 Standard Poors Wednesday 208 26 Tuesdoy 206 64 Week ogo 207 97 LONDON Hong Seng Index Thursday 797 22 Wednesday 1783 66 Week ago 1798 51118 words
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COMPANY NEWS
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360 1986-01-17 13 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI FAR EAST-LEVTNGSTON Shipbuilding, the cash-rich member of the Keppel group in charge of offshore activities, has managed to find a buyer for its half share in a submersible drilling and workover barge it built more than two years ago.360 words
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Article347 1986-01-17 13 SHARE PRICES retreated across the board in lethargic trading on the Kuala Lumpur stock market yesterday, with investors keeping to the sidelines for most part of the day. Turnover rose slightly to 5.25 million shares valued at M 57.77 million from Wednesday's 4.2 million units worth347 words
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Article818 1986-01-17 13 THE MARKET opened higher yesterday, extending Wednesday's gains. At 10.45 am, the FTSE 100 Index was 6.4 points up at 1,396.9. Dealers said market sentiment continued to be helped by hopes that this weekend's G-5 meeting in London will produce a coordinated interest rate cut but early trading818 words
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Article605 1986-01-17 13 LORETTA McLAUGHLAN - Updated report of Price Waterhouse paints bleaker financial picture By LORETTA McLAUGHLAN TROUBLED PAN-ELECTRIC Receivers and Managers, Price Waterhouse, has issued the company's banks with a second, updated report on the group's financial position. Those familiar with the report say that the additional and detailed information605 words
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495 1986-01-17 13 CHAN OI CHEE - By CHAN OI CHEE THE ROW BETWEEN Singapore and Malaysian stockbrokers over the legality of forward contracts in Sigma International is escalating. Stockbroking firm Lin Securities Pte has disputed the allegation made by Kuala Lumpur-based OSK and Partners that the forward contracts relating to the495 words
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Article2659 1986-01-17 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. Industrials A Choc 2 355) Xd Alcorn (0 628) Ajinomoto2,659 words
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Article146 1986-01-17 13 CHEMICAL COMPANY «f Malaysia Berhad: 24th AGM on the Ground Floor of Bangunan MIDF, 195A Jalan Tun Razak, Kuala Lumpur on Tuesday, Jan 28, at 11.30 am. MALAYAN BREWERIES limited: 52nd AGM at the OCBC Centre, 19th Storey, Singapore 0104 on Tuesday, Jan 28, at 11 am. BATU146 words
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Page 13 Advertisements
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Advertisement241 1986-01-17 13 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 185) AND IN THE MATTES OF GAW INVESTMENTS PTE LTD (IN VOLUNTARY LIQUIDATION Notice Is hereby given pursuant to Section 308 of the Companies Act (Chapter 185) that the Final Meeting of the Members of the abovenamed company will be held241 words
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Advertisement205 1986-01-17 13 (CHAPTER 185) AND IN THE MATTES OP GARDEN SCENE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 308 of the Companies Act (Chapter 185) that the Final Meeting of the Members of the abovenamed company will be held at 593 Havelock Road #02-01, Teck Huat Chambers,205 words
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Advertisement60 1986-01-17 13 This announcement appears as a matter of record only P.T. DAYA TURANCCA INDONESIA Guarantee Facility USD 5,000,000 Medium-term financing for Bintang Kalimantan' a submersible drilling and workover posted barge Designed and Built by Far East Levingston Shipbuilding Ltd, Singapore and Managed by Foramer S.A., France Manager/Agent Den norske Creditbank Singapore60 words
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585 1986-01-17 14 ALAN LEE - By ALAN LEE, Companies Editor THERE IS intense speculation in Kuala Lumpur that beleaguered bumiputra businessman Tan Sri Ibrahim Mohamed is seriously contemplating stepping down as chairman of troubled Promet Bhd to avoid a face-to-face showdown with his chief executive, Datuk Brian585 words
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Article430 1986-01-17 14 AEROSPACE Industries, a manufacturer of aircraft parts whose workers are claiming that they have not been paid salaries and CPF contributions, has ceased operations. Last Saturday, workers received unsigned letters from the company declaring that their services were no longer required as it was "now insolvent"430 words
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Article, Illustration198 1986-01-17 14 THE US aircraft carrier Saratoga and an accompanying battle group have been ordered back into the Mediterranean Sea in an apparent show of force directed against Libya. This means the US will have two large carrier groups in the region, Pentagon sources said. While198 words
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Article194 1986-01-17 14 AFP TWO MEMBERS of a committee that investigated the BMF scandal said yesterday they were seeking authorisation to release their final report to the public. Auditor-General Ahmad Noordin Zakaria and corporate lawyer Chooi Mun Sou said in a memorandum to Prime Minister Datuk Seri Dr Mahathir MohamadAFP - 194 words
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153 1986-01-17 14 THE DECISION to allow educated mothers to use their Medisave funds to pay for the delivery of the third and subsequent child in government hospitals may soon be scrapped. The Ministry of Health said this in reply to a reader of the morning153 words
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219 1986-01-17 14 A Ss6 MILLION acquisition of architectural and engineering group Trans-Asia is being made by US conglomerate URS Corp as part of its strategy to capture a larger share of the Asian-Pa-cific interior design, engineering and architectural market. The company's recently established office in Singapore, URS219 words
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113 1986-01-17 14 Reuter US INDUSTRIAL production rose 0.7 per cent in December after a revised 0.6 per cent November gain. It was 2.1 per cent above its level of a year ago. The Federal Reserve Board had originally estimated that the index rose 0.4 per cent inReuter - 113 words
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275 1986-01-17 14 AFP JAPAN FEARS that Finance Minister Noboru Takeshita will come under pressure for Tokyo to reduce its interest rates during his visit to Europe and the US, which began yesterday. Finance Ministry officials said in Tokyo yesterday that a meeting of finance ministersAFP - 275 words
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135 1986-01-17 14 UPI THE SOARING price of gold overshadowed the dollar on Europe's currency markets yesterday morning as talk of Arab buying sent bullion up to its highest level in almost 18 months. Rumours circulating in the London market said Arab investors were selling theirUPI - 135 words
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372 1986-01-17 14 LUCY NG - By LUCY NG TRADE UNIONS were yesterday reminded by the secretary-general of the National Trades Union Congress, Mr Ong Teng Cheong, that militant action and strident speeches were not the way to be effective. "We believe that the effectiveness of trade unions should372 words
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326 1986-01-17 14 TURNER (East Asia), the former main contractor of the Gateway project, was ordered by the High Court yesterday to pay its subcontractor, Bright-side-Woh Hup, $4.5 million immediately. The judge also ordered Turner to furnish security for a sum of $2 million pending the326 words
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Article68 1986-01-17 14 Reuter COMEX GOLD FUTURES attracted selling from European traders yesterday shortly after opening with large gains of more than US$lB.OO an ounce. Gold for February delivery slipped from a high of $369.00 an ounce to trade at $366.00 with a net gain of $15.30. Silver futuresReuter - 68 words
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Article64 1986-01-17 14 THE NEW YORK stock market moved up in early trading yesterday, with gold stocks prominent among the gainers. The Dow Jones Industrial Average was up three points to 1530. Advances led declines by a two-one margin on a turnover of 12.27 million shares. Before the market opened,64 words
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LATE FILE
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Article46 1986-01-17 14 Reuter TAIWAN is to tighten its economic laws to discourage financial abuses in private companies. Vice Finance Minister Ronald Ho said more than 5,700 companies folded in 1985 compared with 3,800 in 1964, mainly because of mismanagement and financial abuse. ReuterReuter - 46 words
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Article51 1986-01-17 14 Reuter PRESIDENT MARCOS said the government might reimpose price controls on essential goods following complaints from consumers of overpricing by manufacturers and traders. Trade Industry Minister Roberto Ongpin is to submit his recommendations on whether controls should be reimposed and which goods should be covered.Reuter - 51 words
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Article29 1986-01-17 14 Reuter AN ELECTION campaign aide of Philippine opposition candidate Corazon Aquino was shot dead near Mrs Aquino's hometown. The alleged killer was a civilian militiaman. ReuterReuter - 29 words
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61 1986-01-17 14 Bernama THE FATE of the Malaysian light rail transit project will be decided in next Wednesday's Cabinet meeting on the economic recession. The M 5696 million project for which construction was scheduled to start early this year first got the attention ofBernama - 61 words
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Article36 1986-01-17 14 AFP THE fourth round of US-So-viet nuclear and space arms talks began amid new hopes in Geneva yesterday. It centred on new Soviet proposals to eliminate nuclear arms in 15 years. AFPAFP - 36 words
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Article39 1986-01-17 14 UPI JAPAN and the Soviet Union ended their first high-level talks in eight years yesterday with no signs of substantial political warming and only minimal progress reported on restoring trade and economic ties. UPIUPI - 39 words
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Article29 1986-01-17 14 Reuter CHINA said yesterday it planned to demobilise 830,000 soldiers this year on top of the 800,000 soldiers and volunteers it retired last year.Reuter - 29 words
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35 1986-01-17 14 AP AN OFFICIAL of China's Muslim-majority Xinjiang region has pledged renewed emphasis this year on regional autonomy, an issue that gave rise to protests in Xinjiang and Beijing last month. APAP - 35 words
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Article55 1986-01-17 14 AFP AT LEAST three people died and nine others were wounded when troops returned fire in a militant Tamil separatist attack yesterday in northern Sri Lanka. The militants had fired from near the main bus depot at soldiers leaving the Jaffna Fort army camp earlyAFP - 55 words
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Page 14 Advertisements
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Advertisement150 1986-01-17 14 EXPATRIATE COMMENTS AIM KIT ARDMORE PARK [NO 1 'The mini United Nations' I call Ardmore Park the United Nations of Singapore you really get to meet people who make you feel very much at home because they are all expat families, like us Living at Ardmore Park also makes sense.150 words
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Advertisement7 1986-01-17 14 Market flurry over minister's statement, Page 37 words
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Advertisement306 1986-01-17 14 Gorbachev's proposal, Paga 3 JACK'S PLACE v JANUARY *86 SET LUNCH MENU ULLINEY ROAD YEN SAN SLDG PABKWAY PAIADE MAS BASAH COMPLEX ANGMOKK) HOTEL NOtANAI COLA HON Marinated Leg of Lamb or Pork Cutlet or Grilled NZ Roast Loin of Pork or Pork Cutlet or Steak with Garlic Butter Sirloin306 words
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Page 14 Miscellaneous
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Miscellaneous56 1986-01-17 14 WMtim Outlook for today: Cloudy with showers over several areas in the afternoon. Report tor 24 hours prior to 7 30pm on Jan 16 at the airport: Maximum temperature 30.1 Associated humidity 68 Minimum temperature 24.5 Associated humidity 91 Hours of sunshine 2.85 Rainfall in millimetres trace Rainfall this month56 words
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SHIPPING TIMES
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516 1986-01-17 15 JUNE LIM - By JUNE LIM MEMBER LINES of the Asia North America Rate Agreement (Anera) have agreed to reverse the tide of falling freight rates. At a meeting in Hongkong this week, the 18 members of Anera have decided to introduce two general516 words
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279 1986-01-17 15 Bernama THE THAI cargo ship which ran aground on the Kuala Abang beach in Malaysia during a storm last Dec 23 is likely to be sold as scrap iron if efforts to tow it back to sea fail. The managerBernama - 279 words
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PORTSIDES
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Article81 1986-01-17 15 Reuter A 13-DAY-OLD strike by 4,500 dock workers has disrupted India's eastern port of Paradip, which handles iron ore destined for Japan and imports of sugar, crude oil and fertiliser, the Press Trust of India said. The news agency said at least three ships carrying sugar,Reuter - 81 words
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Article100 1986-01-17 15 AP A FIRE BROKE out aboard the cruise liner Oceanic while it was in port on Wednesday night, forcing the evacuation of its passengers, authorities said. No one was injured. The fire was reported under control aboard the 238-m vessel, and there were not many passengersAP - 100 words
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Article83 1986-01-17 15 Reuter IRAN AND Pakistan have agreed to set up a joint shipping company, Iran-Pak Shipping Co, with 51 per cent to be owned by Iran and the rest by Pakistan. Pakistani presidential advisor on shipping, Mustafa Gokal said the company's headquarters would be in Tehran and it wouldReuter - 83 words
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Article51 1986-01-17 15 Reuter THE 25,231 dwt Greek motor bulk carrier, Jimmy, has run aground on the French coast in Seine Bay, Lloyd's Intelligence Department has reported. Lloyds said the ship is ashore on the Ratier sand bank, but gave no details on possible damage. The vessel is registered in Piraeus.Reuter - 51 words
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Article92 1986-01-17 15 AFP THE INDONESIAN government has banned 22 old inter-island ships with a total tonnage of 28,000 dwt from operation this year, an Indonesian communications ministry spokesman said. The 22 vessels belong to six shipping companies. The ban was based on a ruling that vessels older than 25AFP - 92 words
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Article1231 1986-01-17 16 INCREASED grain chartering is reported out of the US Gulf with fixing including a vessel destined for continental discharge at the slightly lower level of $8, ship brokers said. This compared with $8.15 to $8.40 paid last week and the Baltic Freight subindex for this voyage of $8,167.1,231 words
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Article, Illustration1664 1986-01-17 16 JUNE LIM - THE I YEAR IN REVIEW /Marine I Industry I By JUNE LIM JURONG SHIPYARD has set itself a simple target this year to break-even in its shiprepair operation. Company officials are keeping their fingers crossed since the signs are far from encouraging. As an1,664 words
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Article834 1986-01-17 16 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Antoh Orient X 5 Arrow Lines X 5 Atlas Lines X 4 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL834 words
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Article168 1986-01-17 16 WORLD OIL TANKERS laid-up for lack of employment declined sharply to 43.07 million long dwt (286 vessels) in November from 46.77 million (297) at end October, the General Council of British Shipping (GCBS) said. The end-November total represented 15 per cent of the world tanker168 words
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195 1986-01-17 17 Kingsley Wood - By Kingsley Wood AUSTRALIA-NEW Zealand Container Line has begun operating the chartered 1,500 TEU capacity Discovery Bay in its successful liner service to west coast North America. Discovery Bay, owned by OCL, replaces the 766-slot Dunedin, which has been returned to its British owner, Furness195 words
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441 1986-01-17 17 THE SUPREME Court of New South Wales has put Sydney-based shipping line Karlandar Kangaroo Line (KKL) into provisional liquidation, KKL said. The court named accountants Arthur Young and Co as provisional liquidator, the firm said in a statement. It gave no further details and company441 words
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Article397 1986-01-17 17 Reuter, AP FOREIGN VESSELS started evacuating Aden port after they were caught in heavy crossfire between rival factions in south Yemen on Tuesday, a spokesman for Japan's Sanko Steamship Company said. He quoted a telex message sent from Aden by the 14,147-tonne Sanko Daffodil on TuesdayReuter,; AP - 397 words
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Article223 1986-01-17 17 Jan 20 Sea well series of maintenance support vessels, 1730 hours, Institute of Marine Engineers, 76 Mark Lane, London EC4; and Jan 21 at 1815 hours, Sunderland Ploytechnic, Sunderland. Jan 20-21 Conference, "Oil and hazardous substances accident experience in ports and at sea," St Ermine's Hotel, London SWI.223 words
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Article65 1986-01-17 17 Reuter LLOYDS SHIPPING Intelligence Service said the Philippine motor vessel Sulpicio Container IV (2,834 tons gross, built 1966) was refloated and is heading for Cebu under its own power. The Philippine motor passenger/general cargo/ferry Misamis Occidental (1,900 tons gross, built 1970) was refloated and is proceeding toReuter - 65 words
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Article186 1986-01-17 17 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (BTRAITB/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.186 words
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Article4493 1986-01-17 19 A guide to ships loading at Singapore for ports around the world The list below tabulotes, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from fhe Port of Singapore. Advanced dates are published at a4,493 words
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Article702 1986-01-17 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Lexa Maersk 8602 20.1.86 2330 Maaersk F5 1430-1530/1330-1430 Al/Bl 1230-1530 Fl A Alabama 7 21.1.86 2300 US Lines F7 1130-1230/1230-1330 L2/N2 Lampung ***** 17.1 86 1800 Heap702 words
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Article554 1986-01-17 23 Vessel AT CONVENTIONAL WHARVES Berth Agent Arrival Departure Keppel Beloif Fenghang Kim Soon Li Koheng No 8 Donom Thomaseverett Waheng Anxi Barber Nora Gretke O'dorf Lampung Makmur Monteste T aihangshan Trans Hav Vortex M'ner Xiangyang K24E KI5 K23 K32 K16 K21 K19 K32 K09 K17 KI9 K25W554 words
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Page 15 Advertisements
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Advertisement1011 1986-01-17 15 ,)/-<-$/$^">`$@-}::!<^|+)@\*:$. OOCL Okient OvtKjtAS CohLUua Line STRAITS EUROPE EXPRESS SERVICE IMtDM SWfMG AGENCLS (N« *****4/ 00K) 70 Shenton Way #04 03 Manna Houst S<n«apw« 0207 Tel *****11 TEIEX NO RS ***** CFS OFFICE IPC #03 029 Tel *****31 and *****32 Terminal othee TPC #***** Tel *****90/*****93/*****01 KSAAA IAMME SWfMG AGENCLS1,011 words
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Advertisement48 1986-01-17 15 THE YEAR in review Marine Industry. Page II THE SUPREME Court of New South Woles has put Sydney-based shipping line Karlandar Kanqaroo Line (KKL) into provisional liquidation. Page 111 Index to advertisers II London freights 1! Consortia HI Shipping Schedules V Contoiner Schedules IX Ships in Port IX48 words
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Advertisement1183 1986-01-17 15 h Search of EXCELLENCE. l\\<t l\I(ll .VI <f r* This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense TIMES THE BOOKSHOP MAERSK LINE MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH1,183 words
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Page 16 Advertisements
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Advertisement226 1986-01-17 16 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Vcssd M ARIA SIS ACf fum.i «ce GIOH* ACE Acecptfeif FCL shipments to: tan. Afghanistan. E. Germany, Befcium. Finland. Huifary, Runania. Biigaria, Poland. Tu(iniavu. Czechoslovakia. Germany. Norway. Sweden. Denmark. Switzerland. Austria. Malaysian Bk( Ajents: Anjto-French Trading (M) Sdn Bhd Pan Asia Line, ltd.226 words
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Advertisement239 1986-01-17 16 Supercarrier Service B.irtHf Biu* S*.» il ROUEN B TUT* II ROSARIO BARBER lUAS NEXT ARRIVAISN ROSARIO 27/1 BARBER PERSEUS 27/1. B HECTOR 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BAMER PERSEUS BARBER TONSBEK BARBER tfCTOI 27/2 1/3 t/3 J/3 10/3 27/3 29/3 Aha Kctptnj corrtri tar Houston239 words
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Page 17 Advertisements
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Advertisement847 1986-01-17 17 The Straits Steamship Group Mansfield Container Shipping Pte Ltd occ Overseas Containers Limited HAMBURG EXPRESS OSAKA BAT KASUGA MMHJ SNA VON KOWLOON BAT crrr or edmukh FRAMFURT EXPRESS TOKIO EXPRESS LIVERPOOL BAT Also Accepting Hjmbwc I* Rotterdam to Bremenhaven to Smto—tow to S port Miixi S'ton ffh«| fcem R'dam 20847 words
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Advertisement799 1986-01-17 17 NOTICE WANTED TO PURCHASE/CHARTER One unit ocean going tanker capacity 3,000 to 4,000 cbm built after 1970. Must be equipped with heating coils. No agents please. Send particulars to: B. T. BOX 5364, 390 Kim Seng Road Singapore 0923 Franco Belgian Services ,1 h H. lni.m h ~r h ,~1.799 words
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Page 18 Advertisements
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Advertisement646 1986-01-17 18 9S Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia, Med, Carribean ft S. America Inland hauia(e to inland destinations in Europe S'povf Penanf leito«B#)lo GfnoiWM*| Rd»m Bhjven A werp M Mutnukuh «/2 10/2 12/2 1/3 15/3 15/3- 12/3 BN Tounuj 10/2 l«/ 3 11/3 7/3 Sot** Rkkmtn 1/3 10/3 12/3646 words
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Advertisement162 1986-01-17 18 aO*fa FULLY CONTAINERISED SERVICE r FROM EUROPE VIA SUEZ 1 Member of the Ace Consortium Buun T«fcyo 3/2 30/1 5/2 10/2 12/2 12/2 FULLY CONTAIN! RISEO TO/fROM NORTH AMERICA WEST COAST CONVENTIONAL SERVICE To/From BUSAN CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF WONSBON 24 BAUCI RC 9 10AWIG FOR DUBAI. MAMMA. KUWAIT162 words
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Advertisement596 1986-01-17 18 /jff Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines). TLX RS ***** 4 RS ***** IE LASTERN CAR L INE R. LTD. Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan Vnx< TIKMO <33 SRI MATSUTMM V4O rtWCf MMU M) I *73 Spat f Kttanf596 words
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Advertisement885 1986-01-17 18 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) (HI) GIF Ml* EVER GRAND ?0 EVER WAND 75/ EVER GENUS 31/ (VCR GOLDEN 11/ EVER GOMG 17/ EVER GATHER 75/ EVER GUM 5/ sgp i«c i« iu nt os no n oe nc h 71/1 73/1 74/1 24/1 71/1 Jl/1885 words
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Page 19 Advertisements
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Advertisement311 1986-01-17 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 ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN ft LYTTELTON, INVERCARGIL ft FIJI SUS SPORE KM PLYMOUTH POUT OMUOtS COIUNBU STAR311 words
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Advertisement94 1986-01-17 19 THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG ETD I DEST. SINGAPORE TO SARAWAK CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Agents: laifkik: TrutHrt Freight F«rwirtl»| Ci Ltt 10th Floor,94 words
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Advertisement683 1986-01-17 19 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Eiprets OlaAa Bay ltu|i Hjru B«nj»or ftowtoor ft t y City ft f<Mw(h Ffwttirt Eipreu TgAn Eipreu Kamakwa Mm EXPRESS CONTAMER SERVICE FROM UK/CONTN HAM BFiAffNITMAI M*«f STON RKELAMCSTOK FOB ALL vessels accept transhpment cargo TO/FROM PEMNG AND EAST MALAYSIAN PORTS (KJJEBSEN683 words
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Advertisement645 1986-01-17 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE MUM TOO UM lUK IMH JTO "s pore to Jakarta' Surabaya 'container service" MAMPAHT V7M HanisiM.' aum'iwatim.ac WEST BOUND STORE ADAM (DAM UJ( KUC SHD OCEAN HUM KJWB 1122/1/K 11/2 11/2 21/2 GAM)* BHAKTt VI4N6 4-5/2/K 4/1 tUOBANC645 words
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Advertisement392 1986-01-17 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'porc Phashwetyaarywa ¥26?* 17/1S lan Pa-an WOW 27/29 Jan Patan V9s* 29/31 Jan Htoneywa V2oB* 7/9 Feb PJldanf Penanf 24/25 lan 21/22 lan BANK LINE EXPRESS SEMh CONTAINER SERVICE TO UK/C( SPORE R'DAM HULL HMBG IVYBANK392 words
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Page 20 Advertisements
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Advertisement1316 1986-01-17 20 USA CANADA ATLANTIC COAST (Round The World Service) [j K LINE KAWASAKI KISEN KAISHA, LTD. ORiNTAL MNSTER V 23 ORBITAL EXPLORER ¥39 OMENTAL KMGHT V 25 NEPTUNE CORAL V 3 PACIFIC COAST (larlidlag DESTINATIONS INLAND vU IPI/MICROBRIDGE A MINILAND BKIIH.K) FEEDER, NEPTUNE CRYSTAL V32E KOREAN CHANCE V24E MO MR VESSEL1,316 words
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Advertisement743 1986-01-17 20 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapoir P Mang Penary loading tor i" ?0 lan CHaiAe, Bembu Un »l« M»*avß *eth Ha»*a Calcutta JO lan MaAas BombiT I Feb 7 ftb Markai B de4i Hatta Calcutta INDIA SERVICE Accepting FCL Containers and743 words
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Advertisement617 1986-01-17 20 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. I Hot A»w Sheet SMGtfOM 0104 m S *****4 (II INS) STRAITS/PERSIAN GULF SERVICE: spo.. GU«N HM Colombo tlimh. Dub* GOIOIN Mai Colombo Kjfttlk Dub* Bib'*n 22/73 l» 11/12 Fib CHINA OCEAN SUPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA SEM-CONTAMEIL/CONVENTjONALSERVICE617 words
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Advertisement296 1986-01-17 20 INTRASEA (PTE) LTD M 10 Anson Road »27 16 International P'a/a Singapore 0207 Tel *****1 1 <10 Lmesl O BREAKBUIK SERVICE TO EUROPE/UK S'p€f« P K«taa| lu*i( tar SCAJTURN PACEIC BBIM2I SaAe* SaM ROT/ANT/IK (AVON) ANANGEI PEACE 881W23 21/1 K/l 101 ANT IK (AVON) A{«* KIMS* (Til) 118 BOWK ??«51»296 words
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Page 21 Advertisements
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Advertisement692 1986-01-17 21 NOL NEPTUNE ORIENT LINES LTD Agents S,«.r NEPTUNE AGENCfS PIE 110 lei No othce lermmal CfS BOOKINGS *****77 ft lU/MISI IP* Sl* *****77 *****2? *****53 0* DMICI lINS *****43 *****42 I Bihru HARPER *fIRA SOW BHD 23*100 p Reiang HARPER WRA SOW BHD *****1 *****1 P la,a HARPER WRA SDN692 words
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Advertisement624 1986-01-17 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN. INCHON Vnul No I Ovum MON No 7 Daun, WIN No Dsnjm MIN No I Omni MIN No Own M?N Hi 7 Dorurn H2N No Dorian M7N Spart In Port 4/2 14/2 19/2 24/2 9/3 14/1 P624 words
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Advertisement686 1986-01-17 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELANG PfNANG fWSS? r^ FL0 SS S THONG 127 MALAYSIA Cables lAYAPOH PfUANG TH 6?944 ***** Tetei MA686 words
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Advertisement117 1986-01-17 21 K&S LINE JAPAN STRAITS SERVICE PEARL STAR SM/P4 ASIA GIANT SM/P5 PACfIC TIGER SM/P2 TAISHO MARU 27/1 TROPICAL MOON 29/1 OMENTAL CEDAR 4/2 TROPICAL MAMNA 9/2 GEKRAL SURVEY PEARL STAR V S on 17/1 ASIA GIANT V.l an 21/1 PACfIC TIGER V.l on 20/1 SANKYO LINE (S) PTE. LTD. 37.117 words
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Page 22 Advertisements
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Advertisement732 1986-01-17 22 ICcgiMial Container Lines ainwirvnc pwnviiwn acnTivt. S PORE SOUTH THAILAND SERVICE .1 VESSEL VOY ETA SPORE RATANA BHUM S2N In Pt RATANA BHUM S3N 30 Jan RATANA BHUM S4N 13 Fab RATANA BHUM 55N 27 Fab MALACCA STRAITS FEEDER SVC Abo acceptrg ICI (transhipment and local) for PK/PNG ETA ETA732 words
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Advertisement75 1986-01-17 22 JFHRGO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 WE [KI Y Accepting both FCI and LCI *ICL Cargoes packed at private CFS Mot Fri 9am 5 30pm Saturday 9am 12 30pm eid. Sun I Pub hoh WEEKLY SERVICE TO HONGKONG. KEELUNG. KAOHSIUNG I JAPAN ETA Spore Loadn(75 words
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Page 22 Miscellaneous
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Miscellaneous182 1986-01-17 22 Regional Weather >• V u K 2 2S a iS9 Sk' M Cwi CK f. to it* fc < V If SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature •<. Weather Wind direction with speed in knots y Shower Ra,n Wave height Cloudy Sky Surtoce182 words
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Page 23 Advertisements
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Advertisement118 1986-01-17 23 MBC AGENCES K. LUMPUR P. KELANG PEHANG P. GUDANG J. BAHARU LEOSHF SPORE *****88/*****56/*****48/*****93 *****1/4 TERMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE ALSO ACCEPTMG FOR: ANTWERP, L. HARK. UK. BREMEN, COPENHAGEN. OSLO ALSO ACCEPTMG FROM EUROPE RTM. HAM. GOT. UK. ANTWERP. OSLO. CPH. AARHUS ALSO ACCEPTMG MTERMEWATE118 words
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Advertisement130 1986-01-17 23 DIRECT TO INDIA INDIAN FLAG NIRVAN RAHIM 23 Jan Calcutta NIRVAN VISHNU 28 Jan Bombay Agents: Skipper Shipping Pte Ltd ph: *****49 SINDIA EXPRESS LINE ETA STORE LOAOMG FOR MV SHMMEI KOGYO 22/1 MADRAS/CUDALORf ZOSING SHIPPING CO PTE LTD T«< No: *****77/8 Tlx No: R*****6 WELSHP PROMPT SHIPPING LINE SA.130 words
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Advertisement294 1986-01-17 23 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* STONE PJCELAMC PENANG EELANAN BANiARMASM 6 SELATA»7 m Sated 13/12 SELATAW-I in Sated 2S/12 G SELATAN-7 Saied 18/1 T—EK GLONT W-45 h Nrt 15/1 G. SELATAN-5 V 36 24/1 */l 6 VESSELS294 words
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Page 24 Advertisements
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Advertisement459 1986-01-17 24 {(I MMffIXM TO; EUROPE 16 MAM STOW P KELANG PENANG KAMKAR 11/20 I* 21/23 tan 24 Nl» UK HAN 27/25 lan 25/26 lan 31/2 Feb 3/1 Feb FROM EUROPE: PENANG P HUANG STORE B*K KAMWAR 11/20 tan SU ANCHAN 25/26 tan 17/21 tan AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22459 words
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Advertisement400 1986-01-17 24 P M LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN UTOOT PReta* POMIJ PIOKER 4-N Im IV2O 25/2# 4 24 worn POKI PWC* 4 S 1» W/l» fOMEX VENTIHE VS lan 71/21 l» 27/27 C«|o accepted lo Snfipore Cargo will accept to Jopan Ports including heavy corgo (max 50 K/Tl subiet t to400 words
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Advertisement576 1986-01-17 24 C.Y. LINE (A Member Of The ACE Consortium) CHO VANG SHIPPING CO. LTD fuuv coOTMcmsa) soma to ewoh <«u sutz) HONGKONG CONTAMR 4, OttNTAt C«F 47N KOMM MUM 3711 KPTUK CRYSTAI 33* S'p«* LcHvm Rd«n Fslmn H*bv| Brew 22/1 10/2 11/2 13/2 15/2 K/2 2»/l 17/2 11/2 20/2 22/2 23/2576 words
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Advertisement916 1986-01-17 24 Everett Lines COMPANIA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading to» Caiao Mataun, to and all other Permian ports mtti transHxnent it Rote On CPV TMougti B<*s ol lading to tinal destination Penanf* P Kcianf Seaport+ THOMASfVtWTT GDN.K 21 HUOCVtWTT 23/24 Jan HANOI OEVERETT 5/8 Feb u "EVERETT ORIENT916 words
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Advertisement364 1986-01-17 24 ZIM ■TTTliff: ini'V*.' I'lii.' ft.'iMHl IBh?i"if 1 i carton to USA East I West Coast, Carrib6ean,East FEEDER ttl K at K K I m HA* I K CUVOMH accepbnf FCI/ICL and HAITI m K 113.* M 11 3lt H B3 H K S4.lt K 14 4lt ZIM EILAT CONTAINER LINE364 words
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