The Business Times, 29 January 1986
1986-01-29
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The Business Times
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Title Section14 1986-01-29 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, JANUARY 29, 198« "I N«lonal 75 cEN*ryr14 words
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Article550 1986-01-29 1 BOEY KIT YIN - Indications that the slump has bottomed By BOEY KIT YIN DEFINITE signs of an upturn in demand, leading to a return to normal working hours, is being reported by Singapore's major semiconductor manufacturers. While this could be a significant indication of a prolonged recovery, there550 words
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Article, Illustration372 1986-01-29 1 MR TAN LIAN KER, a former district judge and deputy president of the Industrial Arbitration Court, has resigned as the chairman and director of Growth Industrial Holdings (GIH). A statement issued by GIH, which holds a diluted 23 per cent stake in372 words
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Article331 1986-01-29 1 A CIVIL COURT action is facing Tan Kok Liang, the Pan-Electric Industries director who has been mentioned in connection with charges made against Tan Koon Swan. Asia Commercial Bank Ltd is claiming that it had extended overdraft and other bank facilities of about $915,000 to331 words
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210 1986-01-29 1 TRADING on the Singapore International Monetary Exchange (Simex) yesterday reached a record 7,564 lots. This smashed the previous daily record of 5,321 contracts set on Sep 23 last year. The main reason was active trading in Eurodollar interest futures which totalled 5,602 lots a new210 words
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Article, Illustration93 1986-01-29 1 FAVOURABLE reports that the Economic Committee to rMnidrrlag drastic measares to prop up the eeeaomy attracted bargain haaters to the market yesterday. Shares cleeed slightly higher la thla trading with SIA again in the limelight. IV ceantor shot past Its pahllc sffer price sf $5 to close IS93 words
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488 1986-01-29 1 MORE AND MORE shopkeepers are leaving the Orchard Road area in an exodus that in the past two years has left behind enough space to accommodate 300 to 350 average-sized shops. From September 1983 to September 1985, the amount of occupied retail488 words
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454 1986-01-29 1 LEE HAN SHIH - By LEE HAN SHIH SINGAPORE'S export trade lost ground in four of its six major markets last year. Total exports to West Malaysia, Japan, Thailand and Australia plunged by nearly $1 billion in 11 months. Exports to the other two markets, the454 words
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96 1986-01-29 1 AFP THE KUALA LUMPUR tin market will resume trading physical tin on Monday. A KLTM statement released yesterday said trading in the metal would be limited to a daily turnover of 150 tonnes, the average daily turnover before the market suspendedAFP - 96 words
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Page 1 Advertisements
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Advertisement135 1986-01-29 1 Machine 5 4 TAG Ho 331-WFS4 OciT^com ypyrErm pt E itd Tei 743-5555 Why tie up your capital Rent special equipment from Thorn. 45" Projection Screen For audio-visual presentations at seminars, conferences, training classes. Auto Rewind Video Recorder and Suitable for all types of non-stop business promotions. From $170/- per135 words
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Advertisement224 1986-01-29 1 1h OUR VIEW IN THIS COMPLEX WORLD, it is best to leave business decisions to the private sector, the government says. But if private investors are to make sound decisions, they must have tree and ready access to detailed and objective data. LEADER, Page 8 FALLING OIL PRICES ore unlikely224 words
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Advertisement191 1986-01-29 1 Plans underway for stock indax contract, Back Paga Full report, Pag« 12 Int'l stocks, Pago 10 Asian stocks, Psgs 11 m Highly productive. Extremely reliable. A fast worker. And economically I upgraded. That's the Citizen printer. Extraordinary Just consider its assets.#' IT I It can deliver near letter I I191 words
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Advertisement14 1986-01-29 1 lull! nee »K K ,d So»e Agent G P»tr»n A Son (P«») Ltd. Singapore14 words
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HOME NEWS
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Article, Illustration342 1986-01-29 2 BRIAN GOMEZ - By BRIAN GOMEZ Industrial Correspondent SINGAPORE-BASED companies servicing the offshore oil industry received some good news yesterday the level of exploration activity in the region is not likely to be affected greatly by falling oil prices. A US crude oil evaluation analyst told the342 words
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271 1986-01-29 2 NATURAL GAS PRICES remain the key issue to be resolved although negotiations for Malaysian supplies to Singapore have dragged on for more than a year. Settlement is required soon if the 1988/89 supply deadline is to be met. Tan Sri Abdullah Salleh,271 words
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324 1986-01-29 2 TOTAL DEFENCE will make an impact on thirsty consumers in the next two months with the help of 10 million packs of Yeo Hiap Seng's most popular drinks sugar cane, chrysanthemum and soya bean. The company yesterday started distributing324 words
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388 1986-01-29 2 AMY BALAN - By AMY BALAN PAYMENTS made through the cashless shopping and payment system, launched only ten days ago, now average $70,000 daily or about 2,000 transactions a day. And the figure is still growing, said Mr Lim Bak Wee, the general manager of Network for388 words
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298 1986-01-29 2 A MILLION-DOLLAR vote of confidence in the market for office interior products and designs opens today in the form of a showroom and resource centre in Shenton Way. Business World, a company incorporated in Singapore, is the sole agent for a wide range of298 words
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Article166 1986-01-29 2 LIONS CLUB of Singapore Mandarin is expecting to raise only about $50,000 at its charity dinner and dance this year, compared with $150,000 in 1984, according to its president. Mr Richard Tan said the club had to set a more realistic target this year166 words
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Page 2 Advertisements
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Advertisement134 1986-01-29 2 2x2x2 equals Super Club THEIR BUSINESS CLASS 4* 7 H m •P i ik i i r t y <> a 4* ■>v a lIV jt k F V* )T Mi ti r. 1 far fc IN When you're flying to the UK or Australia, only British Airways' Super Club134 words
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OVERSEAS
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365 1986-01-29 3 AFP UPI THE EUROPEAN Community has decided to cut its imports of American beef suet, fertiliser and art paper in retaliation for the US limiting its purchases of semi-finished steel products from the EC. Foreign ministers meeting in Brussels decided on MondayAFP; UPI - 365 words
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367 1986-01-29 3 Reuter ANTWERP diamond merchants have warned that a tax fraud investigation into their trade could drive the lucrative business away from its traditional Belgian home, with disastrous consequences for the country's economy. In an angry statement on Monday night, the Antwerp Diamond High CouncilReuter - 367 words
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Article, Illustration328 1986-01-29 3 UPI FORMER US president Jimmy Carter has said he plans to help African nations beat the famine through a new programme to assist small farmers in producing enough food to feed themselves and even export it to neighbouring countries. Mr Carter, inUPI - 328 words
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184 1986-01-29 3 AP A BRIGHT GREEN parrot has been officially dismissed from the British Royal Navy for bad behaviour to Scottish sailors and to any sailor with fair hair. Tricia Elliott, a navy spokeswoman, said on Monday that it was not a Joke. "We haveAP - 184 words
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269 1986-01-29 3 NYT PRIME MINISTER Margaret Thatcher has told Parliament that her government had mishandled aspects of the controversy over the future of a British helicopter company, but denied that there had been any wrongdoing. During a stormy three-hour debate in the House of Commons,NYT - 269 words
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136 1986-01-29 3 AFP A POWERFUL bomb explosion caused the crash of Air India's Boeing aeroplane off the Irish coast last June, killing all 329 persons on board. "The bomb was a very fast acting device which caused a powerful explosion", SN Seshadri of the BhabhaAFP - 136 words
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Article, Illustration561 1986-01-29 3 Baker Plan not the final solution, says debt conference UPI FINANCIAL EXPERTS from both industrial and Third World nations have put renewed pressure on the US to push for reduced interest rates as a major step towards easing the world's growing debt crisis.UPI - 561 words
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458 1986-01-29 4 Tokyo taking steps to help companies AP BANKRUPTCIES, shutdowns and work cutbacks are spreading among export-dependent small- and medium-sized companies in Japan as a result of the swift rise of the Japanese yen against the US dollar. A Ministry of Trade and Industry (Miti) officialAP - 458 words
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Article131 1986-01-29 4 UPI JAPAN'S dependence on imported oil declined substantially in 1985. The Ministry of International Trade and Industry (Miti) said Japan imported 1,235.6 million barrels of crude oil in 1985, down 7.6 per cent from the preceding year. Reflecting growing dependence on alternate energy sources, theUPI - 131 words
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190 1986-01-29 4 Reuter THE PHILIPPINE military yesterday declared a red alert and called out special anti-guerilla teams, saying communist death squads were roaming Manila to wreck next month's presidential election. Major-General Prospero Olivas, in charge of the capital's security, told a hastily summoned meeting of commanders onReuter - 190 words
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Article225 1986-01-29 4 AP CHINESE PREMIER Zhao Ziyang has said that China's campaign against economic crimes and corruption will not affect its policy of opening to the world, the official Xinhua News Agency said on Monday. "As for those unhealthy tendencies, we should neither take a laissez-faireAP - 225 words
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Article789 1986-01-29 4 ARRIVALS Operator Scrvicc number Local time From OA SIA PAA OA471 SQ11 PA21/5 0030 0125 0155 ATH LAX/TYO LAX/TYO/HKG SIA CAL MAS KAL MAS MAS MAS SQ4I CJ010 MH681 KE624 MH603 MH671 MH811 0615 0740 0820 0850 0905 0935 0940 MAA JED/DHA KUL KUL KUL KUL PEN789 words
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Article193 1986-01-29 4 Reuter TWO OF INDIA'S junior Cabinet ministers and a high-ranking official have resigned abruptly and newspaper reports say they are linked to a businessman accused of spying for Taiwan. The resignations of K P Singh Deo, the Minister of State for Food and Civil Supplies, ChanulalReuter - 193 words
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115 1986-01-29 4 AP THE ASEAN Confederation of Women's Organisations ended its second general assembly in Kuala Lumpur on Monday with a call for experienced and qualified women to be groomed as potential leaders of Asean countries. The six Asean members are Brunei, Indone- sia, Malaysia, theAP - 115 words
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126 1986-01-29 4 AFP AIRSHIPS should be used to open up gas, oil and mineral rich Siberia and the Soviet far east, leading aeronautical expert Serguei Eguer said in Moscow. Mr Eguer, a former aide of Soviet aircraft constructor Andrei Tupolev who died in 1972, toldAFP - 126 words
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Article, Illustration466 1986-01-29 4 AP MAJOR NEWSPAPERS in China yesterday published a list of 70 achievements under Deng Xiaoping's leadership for the past six years, from "order out of chaos" in the wake of Mao Zedong to winning 15 Olympic gold medals. Compiled by "Fortnightly Chats" (Banyuetan) magazine, theAP - 466 words
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155 1986-01-29 4 AFP PRODUCERS of a television show on which Beijing viewers can air their grievances have made some "powerful enemies" and received numerous threats. The New China News Agency (NCNA) quoted Wang Yam, the host of the Sunday night show VoiceAFP - 155 words
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Page 3 Advertisements
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Advertisement80 1986-01-29 3 With Air-India's Executive Class, Business Class is never the same again. i m Wbrrc Ytiu Are The Maharajah r N'V M jb WC\J& O Mi ■N fell >>r i Coßyer Quay/Raffles Place Anchor tenants include BNP, MITSUBISHI BANK and DRESDNER BANK Marvellous sea views 7 FOK MORE INK >RMATK)N CALL80 words
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Advertisement191 1986-01-29 3 IBS offers a full range of banking services to meet your needs Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan programme which can mean you pay less in the long run MI Account the fixed deposit scheme with monthly returns 55191 words
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Page 3 Miscellaneous
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Miscellaneous49 1986-01-29 3 Doonesbury PRUGOWSZ- THffitUHfiT DDSE*BUTTHfffc ITHEPJ) MfV&eiS'PU& -JEU7HS fU&AFKO! COKM6R I f=a ft) \v\xa^: 7H9Q&NOUAY you PUKEIffIIPOJK SUSPECT Nom'tM&s.. nS%M? UH£S*H£HAP i mP! mj{ fit te/fe BY GARRY TRUDEAU r r v> ■I OWK AP VE4W w mvkm *%"%<* FftjENPS* mfiZttfiPr n^r T'- TD9VFFHIM 2 y M I Illllll^JSy Mso^in MZ*r~=A±l49 words
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Page 4 Advertisements
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Advertisement124 1986-01-29 4 1 -r Spaiiding good wishes for ycur favourite clients this Lunar Nevvfear. «.w#.' "1 «V*' s* ISh VW: .rKV Select a Swarovski crystal figurine to symbolise your new year wishes the turtle for longevity, the eagle for confidence and the pineapple for a fruitful year! SWAROVSKI _jCrystal bl. <■% fa124 words
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Advertisement146 1986-01-29 4 Air India's EXECUTIVE CLASS Simply First Class if Keep yourself constantly infonned of the latest developments in Japan's Steel industry by regularly subscribing to cJapon JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and146 words
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RAW MATERIALS
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Article13 1986-01-29 5 KL TIN Closing prices on Jon 28 (M$/kg) Price Suspended Turnover (tonnes) Suspended13 words
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Article148 1986-01-29 5 Chinese Produce Exchange Mkn' noon closing prices on Jon 28 (S$/100 kg) Coconut oil Be*. FOB 64 00 Otd drum FOB 77 00 New drum FOB 81 00 Copro 33 Mixed (loose) buyers Pepper Muntok White 1357 50 FOB NLW Sarawak White 1347 50 FOB taq NLW Sarawak148 words
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Article98 1986-01-29 5 1st CkKS unq 2nd class unq Special 3% new crop unq Broken Fragrant Rice unq Thai White 100% old crop 1st class unq 2nd class unq 3rd class unq Broken Rice China White Yu Jim 1st grade new crop unq 2nd grode unq See Mew 1st grade new crop98 words
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Article300 1986-01-29 5 SINGAPORE The market closed lower yesterday with February One RSS buyers quoted at 156.00 cents per kg, down two cents from Monday. The morning session ended 0.50 cent lower, after hovering narrowly on lack of interest In thin trading. Prices lost ground in quiet afternoon trading on some nearby300 words
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Article331 1986-01-29 5 RAS prices m S cents/kg, FOB in ba iles NOON CLOSE Borers Buyers Int I RSS Prompt 157 00 158 00N 156 50 157 50N Int 1 RSS Feb 86 157 50 158 50 156 00 157 00 Int 1 RSS Mar 86 161 25 161 75331 words
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Article98 1986-01-29 5 (cents/kg, I-ton pollets) p[g MAR 86 (currant month) (forward month) NOON NOON RAS Bwy«re ScMtn Bwy#fs S>IUn SSR 20 160 00 I62.00N 162 00 164 00N SSR 50 158 00 I60.00N 160 00 I62.00N MRELB SiHyi •w S»IUn SMR CV 224.00 226 00N 225 50 227 50N98 words
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Article184 1986-01-29 5 THE MALAYSIAN crude palm oil market ruled steady at midday on light covering interest yesterday, supported by higher Chicago soyoil futures and Pakistan's presence at its RBD palm oil tender. Trading was very quiet as operators stayed on the sidelines awaiting further developments. January deliveries in the central184 words
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Article232 1986-01-29 5 WHEAT FUTURES on the Chicago Board of Trade ranged from 4'/« US cents a bushel higher in nearby March to down Vi cent in new crop September at the close on Monday. March ended near the top of an 8 1 ;-cent range. Commission house buying, which buoyed nearby232 words
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Article241 1986-01-29 5 SOYBEAN FUTURES on the Chicago Board of Trade closed from down V< US cent a bushel in spot March to up 2V4 cents in distant January on Monday. March ended near the middle of a five-cent range. Commission house selling erased early gains in nearby months, where rumours of241 words
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Article777 1986-01-29 5 COFFEE Robusta futures fluctuated uneasily on Monday afternoon to post pared gains on the day of £65 to £54 a tonne following New York's highly nervous and unsettled performance in the afternoon. At the close, March was £61 up from the previous close at £2,611, in a £2,655/2,585777 words
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Page 5 Advertisements
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Advertisement11 1986-01-29 5 Jin mu i I C i• > 4 > V,k flr■-** f wvp11 words
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BANKING AND FINANCE
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Article, Illustration245 1986-01-29 6 AP THE EUROPEAN Common Market countries will not rescue commercial banks hurt by loan defaults by heavily indebted Third World nations, according to the Dutch Finance Minister. "There should be no bail-out of the commercial banks," said Mr HOnno Ruding on Monday. MrAP - 245 words
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Article, Illustration362 1986-01-29 6 AP AMERICAN government officials said a search is still on for a new president for the World Bank, a U*****,000-a-y ear, taxfree Job spurned last autumn by US Federal Reserve chairman Paul Volcker. International financial analysts say delay in choosing someoneAP - 362 words
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191 1986-01-29 6 AP THE BANK of Japan may cut the official discount rate by 0.5 percentage points as early as today. The Nihon Keizai Shimbun yesterday said the central bank may convene a special meeting of its policy board today to decide formally onAP - 191 words
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Article82 1986-01-29 6 Reuter THE FEDERAL RESERVE must continue its vigilance against inflation, even though the latest data suggest it will remain low. Gerald Corrigan, the president of the Federal Reserve Bank of New York, said: "The Federal Reserve will pursue non-inflationary policies." Although inflation has remained fairly lowReuter - 82 words
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350 1986-01-29 6 Reuter A NEW ROUND of talks aimed at resolving South Africa's debt crisis has been scheduled for Feb 20 in London, a spokesman for debt mediator Fritz Leutwiler said. Spokesman Erich Heini said Mr Leutwiler, a former Swiss National Bank president, would meetReuter - 350 words
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MONEY AND EXCHANGES
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Article622 1986-01-29 6 SINGAPORE The US dollar closed narrowly mixed yesterday against most major currencies in moderate but cautious trading. The dollar closed higher at 195.45/55 yen compared with New York's 195.00/10 close. It ended slightly higher at 2.3910/20 marks compared with New York's 2.3905/15 close but little changed at 2.0270/80622 words
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Article232 1986-01-29 6 Interbank rates at 3pm yesterday: Nd Odor a roe* parity dtMlQO Local dollort to on* tffwt of foreign currency: US dolor 2 1355 2.1365 ***** -24 26 Sterling pound 2 9715 ***** 7 3469 -59 55 Austroton dolor 1 5210 1 5243 ***** -55 64 IMZ dolor 1.1350232 words
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Article, Illustration282 1986-01-29 6 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at opening levels in light trading. Short-dates were steady to slightly higher initially and remained unchanged subsequently. Overnight closed at 8 7 H per cent and week fixed at BV% 8. Period rates were steady at the outset and thereafter one282 words
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Article309 1986-01-29 6 BA Futures MARCH EvmMlv futures opened unchanged yesterday from CME's close at 92.06 but four ticks higher than Monday's close in Simex. Trading was very active on record volume with prices edging sharply higher to the resistance level at 92.15. The March contract finally settled at 92.09. Currency futuresBA Futures - 309 words
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Article218 1986-01-29 6 HONGKONG: The metal closed steady in (airly active trading yesterday on late buying support from European bullion houses. It ended at U*****.20/70 an ounce compared with New York's $353.60/354.10 close and the $363.00/364.00 finish here on Monday. On the local market, gold lost HKJ74 to close at $3,284 a218 words
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Article107 1986-01-29 6 THE OVERNIGHT rate on the Singapore interbank money market rose by Vfc point from Monday to end at per cent yesterday. The one, two and threemonth term rates remained unchanged. S$ Interbank rates at 7pm yesterday: OHtt ltd Ovec-n-ght 4 5/8 4 J/2 1-month 5 4 7/g 2-month107 words
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Page 6 Advertisements
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Advertisement279 1986-01-29 6 ■Em^l KS S5 W L_ L. VOLVO 240 GL The Deal; Rather than offer you a loan that only your accountant could evaluate, or a warranty that only your lawyer could comprehend, or a service contract you'd need your bookkeeper to track we'll give you immediate benefits through straightforward savings279 words
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Advertisement15 1986-01-29 6 s cOL £wfIIAN 'STYLE' INDONESIA^ CHILU CKBD- p. BASS .N SQ' FKI fri NO PUI15 words
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TRAINING & DEVELOPMENT
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Article402 1986-01-29 7 Seminars and VJ Courses Cahners lei 1 J Tlx Group Fax *****13 RS ***** *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Jon 29, 30 Strategy tor Excellence Pavilion World Vision/ *****37 in Personal and Intercontinental Impact Christian Business Management Hotel Communications Feb 2 How to Start a Small RELC402 words
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257 1986-01-29 7 A TIE-UP between the Singapore Institute of Management and an American university has provided SIM diploma holders a chance to get a bachelor or masters degree in the US. The agreement with the Oklahoma City University will initially allot257 words
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Article, Illustration266 1986-01-29 7 ANNA TEO - By ANNA TEO THE NANYANG Technological Institute is planning to conduct non-engineering degree courses. Plans to introduce such courses at NTT, described last year as one of the best engineering institutions in the world by a Commonwealth study group, are under consideration, said its266 words
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Article196 1986-01-29 7 DR NORMAN Vincent Peale, dubbed the "father" of positive thinking, is among three American speakers who have been invited to address Singapore audiences in March. Singapore training consultancy company Transforma has invited 88-year-old Dr Peale, author of "Positive Thinking", as well as Mr Cav- ett196 words
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268 1986-01-29 7 THE SIXTH International Building Exposition (SIBEX) has so far attracted about 350 companies from more than 20 countries. The organiser, the Cahners Exposition Group, expects more exhibitors to take part. The show will cover three exhibition halls at the World Trade Centre from March268 words
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116 1986-01-29 7 TWO COURSES on "Psychological Testing and Assessments" and "Stress Management" will be available at the National University of Singapore's Department of Extramural Studies. Psychological Testing and Assessments will be conducted by Ms Elaine Liu, a consultant psychologist The course vill dtsruss psychological measurements with special emphasis116 words
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Page 7 Advertisements
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Advertisement51 1986-01-29 7 THE MARKET AND THE MOOD OF THE CHEF DICTATE TONIGHT'S MENU. Domus. A different menu every evening. The pick of the world's markets flown in daily. A chef who considers each dish a work of art. Discreet dining. Under-stated excellence. Domus. Sheraton Towers. On Scotts Road. Dinner only. Call 73751 words
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FEATURES
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Article493 1986-01-29 8 THE ECONOMIC COMMITTEE'S conclusion that a major cause of the recession was the over-optimistic view, shared by both public and private sectors, of the property market comes as no surprise. The frantic rush to ride on what seemed insatiable demand for new homes, offices and493 words
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862 1986-01-29 8 ROLAND MA - ROLAND MA Dear Sir With reference to Edward Song's letter published in BT on Jan 23, it is akin to the exhortations of the priests of Troy who convinced the Trojans that the wooden horse in front of the city gates was862 words
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Article, Illustration1101 1986-01-29 8 LIM SOON NEO; MARTIN SOONG - Asian Aerospace '86 was a great success on all counts but by the next show in 1988, it will be facing several competitors. LIM SOON NEO and MARTIN SOONG take a look at the developments. LIM SOON NEO and MARTIN SOONG BARELY TWO WEEKS after1,101 words
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500 1986-01-29 8 ROY LIU - Letters to the Editor ROY LIU Managing Director TL Lao Management Consultants Dear Sir In response to the BT article published on Jan 27 which described the aim of the Business Enterprise Committee as to reduce government controls and introduce greater500 words
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Page 8 Advertisements
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Advertisement171 1986-01-29 8 And how it all begins... Diners of today, more discerning in taste and definitely calorie-conscious. With us. discover a Sichuan vegetarian 4 fare that has become an exquisite full 8-course Sichuan spread. Out goes the tasteless canned vegetables and pallid mock meat. In place a new. exciting cuisine created by171 words
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Advertisement19 1986-01-29 8 Air freight is faster Our coverage is MM 1| J better M* 1 In BT every Friday. m Height19 words
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Page 8 Miscellaneous
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Miscellaneous664 1986-01-29 8 TCSjtiMKHMa CRYPTIC PUZZLE ACROSS 1 Students' quality? (5) 6 Rushes one's game? (5) 9 Apt to give heart to churchman (7) 10 Mostly female forename? (5) 11 With which to feed the brute possibly? (5) 12 Wonderful, you imagine (5) 13 She may be alien to me (7) 15 On664 words
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SPORTS
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Article523 1986-01-29 9 WALTON MORAIS - Premier League tees off on Friday By WALTON MORAIS THE REPUBLIC'S lady golfers, gearing up for a landmark season, open accounts on Friday with the Premier League championship. And the forecast is for a rip-roaring explosive start. With the Queen Sirikit Cup championship beckoning, almost523 words
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Article, Illustration715 1986-01-29 9 NYT TO TEST the waters for next year's America's Cup races, Western Australian yachtsmen have organised a 12-metre World Championship for Feb 720 in Perth. But of the six US syndicates still challenging for the America's Cup, only two plan to participate.NYT - 715 words
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Article, Illustration448 1986-01-29 9 WORLD CUP '86 SPAIN, humiliatingly beaten on home soil when they were the unhappy hosts of the 1982 World Cup football finals, will travel to Mexico for this year's tournament with a rebuilt team and lofty ambitions following their confident showing at the448 words
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Article113 1986-01-29 9 Reuter THE TOP 20 men in the Association of Tennis Professionals (ATP) rankings released yesterday are: 1. Ivan Lendl (Czechoslovakia) 2. John McEnroe (US) 3. Mats Wilander (Sweden) 4. Jimmy Connors (US) 5. Stefan Edberg (Sweden) 6. Boris Becker (West Germany) 7. Yannick Noah (France)Reuter - 113 words
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Page 9 Advertisements
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Advertisement42 1986-01-29 9 RADO DiaStar Scratchproof sapphire crystaL Scratchproof case-top. Waterproof. Ref 111.0197 3.015 *****5 f k ■4 >, Ref 129.0196.3.015 S$ Rado Service Centre: NEW HORIZONS SINGAPORE PTE LTD, (Member of Inchcape Group), 35 Selegie Road #B 1-06 Parklane Shopping Mall, Singapore 0718. Tel: *****11/2.42 words
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Page 9 Miscellaneous
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Miscellaneous1023 1986-01-29 9 (md mm Sam Naill (left) and Patar Strauss star in Kana and Abal KANE AND ABEL 9.30 pm, Channal 5 Tonight, the two (would be) bitter enemies cross each other's path when Abel, while working as a waiter in New York meets Kane, who is celebrating his appointment as a1,023 words
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INTERNATIONAL STOCKS
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313 1986-01-29 10 Reuter THE US Supreme Court has denied an appeal by Exxon Corp challenging a precedent-setting judgement that it pays more than US$2 billion in damages for overpricing crude oil from 1975 to 1981. The High Court let stand the award, the second largest inReuter - 313 words
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145 1986-01-29 10 Reuter GLOBAL MARINE, a giant US offshore oil and gas exploring company, has declared bankruptcy and will move to restructure its US$ll billion of debt. The company, saying the decision had been prompted by low world oil prices and a continuing lull in offshore drilling activities,Reuter - 145 words
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335 1986-01-29 10 Reuter THE NEW YORK stock market posted its third consecutive gain on Monday in a quiet session which saw some worries about the negative repercussions of lower energy prices return. Oil stocks declined in spite of an improvement in oil prices on Monday. BankingReuter - 335 words
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Article96 1986-01-29 10 JAN 27 C$ 16* Imp Oi Inco Pro* Pipa 47* 19* 42* inch 43* bit Uu 20* 19* 17* 22* 32* 2 990 13* 25* 38* 20 30 27* 38* Nkxondo 16* 18* 5 13* 28* Cmbl Rd Lk 31* 21* Rio AJa 24* 13 Royal Bonk 31* Donkoc96 words
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Article214 1986-01-29 10 JAN 27 Um4 UrnMC Woofc»orlh 1250 unch INDUSTRIALS MININGS A Afcho 1050 245 unch 3 Angfos 4325 150 AE And Q 950 50 5 25 30 Anglvoal *****6 i**h 1700 50 AMS? 09 3800 1500 BuH«h Charter 8650 8608 350 C G Smith 2375 1985 35 240 1200 -20214 words
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Article654 1986-01-29 10 JAM 27 US$ Akan Atumn Alcoa Alegheny Lud AJked Chem Cp AJked Storm Afcs-Chalmers Am Brands Inc Am Broodcast Am Can Co Am Cyanamd Am Elec Pwr Am Express Am Horn* Prod Am Motors Cp Am Natural Go* Am Tel Tel Amax fc* Amcroda Hess AA*f Inc Amr654 words
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Article871 1986-01-29 10 Amsterdam JAN 27 Fh AflN ***** 48 ***** -03 Ahotd 8360 +02 162 10-0 9 AMEV 8800 -05 111 00 +0 5 Bob Boriumq 570 00 unch Botkoh Bur Tet 139 50 +1 Cotond 520 00 -8 Otk Ehcvwr 179 00 -1 5 Fgh 49 50 -0 5871 words
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Page 10 Advertisements
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Advertisement176 1986-01-29 10 f hi P T 91 0 is ifip Order A Jack Daniel's Black Label Be A Winner! With every order of JacK Daniel's Black Label, you're entitled to 2 lucky draws and on your second order, the third is absolutely free' Stand the chance to win a top lucky draw176 words
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Advertisement225 1986-01-29 10 It could only happen at Hotel Miramar... 4> ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00* (except premium brands) served daily from 4pm to 7.30pm. Delicious natural air-flown oysters or our select225 words
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Advertisement103 1986-01-29 10 Sedafe!. r L-i V ■'Jl. M with a delicious spread of over twenty delightful dishes and dessertsl r* Lunch: 12 to 2.30 pm (every Wed Fri) at Terrace Garden Coffee House t i^Ufen 181 Kitchener Road. Singapore 0820, Tel *****22 A sumptous buffet lunch awaits you with savoury specialities to103 words
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Advertisement94 1986-01-29 10 (JUu H«a f aunkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50-H--FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel 533 3888 King s den Sheer Relaxation! A94 words
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Advertisement246 1986-01-29 10 London stocks on pogo 13 r Ss y =■73 FtMQ CHfiMG LOU TEOChEW SEAFOOD RESmURATfT The best Teochew delicacies, dian-xin and seafood dishes in town. Discover ML mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while jK you dine in Oriental splendour. Open daily from: 11 00am246 words
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ASIAN STOCKS
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Article398 1986-01-29 11 HONGKONG: Share prices yesterday closed firmer in thin trading ahead of the Chinese New Year holiday. Brokers noted selective buying in the banking and utilities sectors amid speculation of strong results by HK Bank, Hang Seng Bank and HK Electric in the forthcoming reporting period. The Hang Seng Index398 words
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Article229 1986-01-29 11 IAN 28 AM SfKCfe Indus MT 2.18 26 20 Nan Yo Plas Pocrfic Cons 002 Pocrfic Elect ■02 Wre 33 00 18 80 14 45 unch -02 0 2 3130 04 0 76 002 4400 inch Sharp 1520 02 22 30 -02 Shihfal Paper 32 00N Chn H»m Cement229 words
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Article438 1986-01-29 11 TOKYO: Prices close slightly higher in moderately active trading yesterday after fluctuating within a relatively narrow range throughout the day, brokers said. The market average ended up 10.55 at 12,993.69 after rising 29.77 on Monday. Turnover was 350 million shares against 300 million on Monday. Brokers said export-oriented electronics438 words
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Article63 1986-01-29 11 JAN 28 Oriental B Phtex B 0013 0.15 unch unch Anglo PtW 0001 unch 0 0095 -0 0005 PLOT 39 50 05 12 unch Podco B 0 001 unch Poafli Bos«c Petroleum Benguet Con B 0003 106 ***** unch Son M*u«l B Scofront 19 75 0006 025 -0 00163 words
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Article317 1986-01-29 11 SYDNEY: Australian share markets closed firmer yesterday in moderate trading with greater overseas interest and positive news from the London and New York markets pushing the market up. The All Ordinaries Index closed 2.8 points up at 1,055.6, the All Industrials Index gained 4.8 points to 1,565.7 and the317 words
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Article96 1986-01-29 11 JAN 28 Won Hyundai Const 1015 -8 Hyundai Motor 1887 +67 Bank Seoul 680 -4 KAL 720 48 Choheung Bk 630 10 Koreo First 695 unch Commercial Bk 672 2 Yukona Korea Ship 1630 48 Doelim k>d 499 30 359 +9 Daewoo Corp 495 20 Lucky Ltd 781 3396 words
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Article142 1986-01-29 11 BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.42 to 139.64. Turnover amounted to 423,038 shares valued at 58.4 million baht. jan 2a Sam Citizen 72 -1 Aokhom Thai 170 -2 Sam Oy As»a Fibre Ayuttxjyo In* And Trust Bangkok Agro-kid 24 50 inch South Am Ffcre Strong142 words
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Article59 1986-01-29 11 Reuter HUTCHISON Whampoa Property Group, a subsidiary of Hutchison Whampoa Ltd, has awarded a HK5165.9 million superstructure contract to a joint venture of local contractors, JDC Corp and Chevalier Construction Co Ltd. Work involves the building of eight 15-storey residential buildings and commercial spaces at aReuter - 59 words
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280 1986-01-29 11 Reuter THE BEIJING Shangri-La Hotel Ltd will sign a US$45 million loan in Beijing for the construction of the Shangri-La Hotel in the Chinese capital. Banking sources said yesterday that the 10-year loan has a 2Vi year grace period and is repayable in 16Reuter - 280 words
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87 1986-01-29 11 Reuter GUANGDONG (HK) Tourist Co has agreed to buy the Cathay Hotel in eastern Hongkong for HKSIO2 million from Kok Thai Enterprises Ltd. Zhou Lianji, the deputy-gener-al manager of Guangdong (HK), said the company will spend an additional $10 million to renovate theReuter - 87 words
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120 1986-01-29 11 Reuter A NUMBER of Australian entrepreneurs are exploring possibilities of setting up joint ventures with Indonesian partners to either distribute or make their products in Indonesia under licence. In this respect, an exhibition of Western Australia's construction materials and services will be held in Jakarta fromReuter - 120 words
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146 1986-01-29 11 Reuter SWAN BREWERY Co Ltd of Australia is offering to acquire all the shares of Pittsburgh Brewing Co for U5521.50 a share in cash. In a newspaper advertisement, Swan said the offering is conditioned on the receipt of at least 472,156 common shares aReuter - 146 words
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103 1986-01-29 11 AP HINO MOTORS Ltd, a leading Japanese truck maker, has established a joint venture to produce trucks and buses in Karachi, Pakistan, beginning on Feb 1. Hinopak Motors Ltd is capitalised at 1.29 billion yen and is owned 51 per cent by Pakistani interests,AP - 103 words
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Page 11 Advertisements
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Advertisement618 1986-01-29 11 "f. -i T>"' 3 -v—-- ,v >*• 'J! H W W iT A IB I v ISI w. ##=p MBBBMHBHH If _J_ m- -v.*K i rt* J i f T e. m*o- j* K V Ji S t -X t U\ &r*3 ♦> a CM i Selected US Prime Beef618 words
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Advertisement129 1986-01-29 11 Life after five... jx wL 2 Live Binds Nightly! spm -1 am (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Daily) It's a real happy time! Just buy a drink and get the second FREE. FREE DIAH XIH every nignt. MUiXMitt mW/yffl bOUNGE (CAIRNHILL129 words
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SHARE INFORMATION
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Article, Illustration4263 1986-01-29 12 SHARE PRICES held steady yesterday as bargain hunters appeared pleased with the Economic Committee's open assessment of the recession and Mr Goh Chok Tong's statement that employers' CPF contributions would be cut to at least 15 per cent. The Straits Times Industrial Index4,263 words
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Article271 1986-01-29 12 SINGAPORE Rite* Ind liCM S 1 A 515 15 JM 27 JM 28 IT Cowponto ***** 520 61 C ft c 207 12 IT todfotoc *****41 *****10 M Browono 560 10 rr ob/os -314 -258 Pi—« 450 8 rrcAtx -6742 -6712 M Flow 210 7 rro8v -*****0271 words
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Article2583 1986-01-29 12 BID and offer prices officially luted and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".2,583 words
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Article100 1986-01-29 12 HONGKONG Monday Closed Week ago 1563.9 Hong Seng Index Tuesday 1754 38 Monday 1744.11 NEW YORK Week ago 1776 19 Dow Jones Monday 1537.61 TOKYO Friday 1529 93 Week ago 1529.13 Nikkei Average Tuesday ***** 69 Standard Poors Monday ***** 14 Monday 207.39 Week 090 *****50 Friday 206.43100 words
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Article274 1986-01-29 12 Monagers' pricet MARA-Bumiputrs for Jon 28 First B'putro 4 44 4 49 Singapore Unit Trust Second B'putro Third B'putro 4 17 3 43 422 348 The Commerce 0 90 095 Fourth B'putro 3 69 3 74 The Savings Fund 0 79 084 Fifth B'putro 2 37 2 42274 words
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Page 12 Advertisements
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Advertisement10 1986-01-29 12 KL market raport, Business dona on Hm KLBE, Paga 1310 words
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COMPANY NEWS
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Article, Illustration598 1986-01-29 13 AMY CHEOK - Group gearing up for further growth and development By AMY CHEOK SINGAPORE PRESS Holdings is gearing for further growth and development with the aim of becoming a worldwide communications and information technology group in this part of the world. To achieve this, the group598 words
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411 1986-01-29 13 HOMER CHEN - By HOMER CHEN THE ON-OFF SUIT against the missing former chairman of beleaguered Growth Industrial Holdings, Mr Peter Tham, by small little known Keqin Investments Pte Ltd is on again. Keqin, in voluntary liquidation, is again claiming $4.26 million from Peter Tham, being balance411 words
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Article305 1986-01-29 13 THE KUALA LUMPUR stock market put on another dull and listless performance yesterday, but share prices finished mixed to slightly steadier. Blue chips led the list of price gainers. However, some speculative stocks which were fairly active closed moderately lower. Tins, plantations and hotels were305 words
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335 1986-01-29 13 FAST-MOVING Malaysian businessman Lee Ming Tee plans to restructure the operations of Wormald International Ltd should it be successfully acquired by his flagship company, Sunshine Australia Ltd. One of Mr Lee's priorities will be to hive off certain assets of Wormald, a large335 words
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Article192 1986-01-29 13 PROMET BHD has appointed two new directors to its board to replace two bumiputra directors who resigned recently. They are Mr Moehamad Izat Emir and Dr Paul Yong Min Hian. They replace Datuk Abdullah Mohamed, the brother of Promet chairman Tan Sri Ibrahim Mohamed and192 words
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Article2456 1986-01-29 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. MDUSTRMLS A Choc (1 928 1 98S) (3) 1.98 (3)2,456 words
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Article756 1986-01-29 13 SPECULATIVE activity and investment support prompted gains for most sectors on Monday, despite political uncertainties caused by the Westland affair. The Financial Times 30 Index closed 12.8 points higher at 1,139.0. Gilts reversed initial losses to show gains of around 12 pence as sterling recovered from early lows.756 words
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Article121 1986-01-29 13 BATl KAWAN Berhad: 21st AGM at Wisma Taiko, 1 Jalan S.P. Seenivasagam, Ipoh, Perak, Malaysia on Friday, Jan 31 at 12.15 pm. DUFF Development Berhad: 13th AGM at Wisma Taiko, 1, Jalan S.P. Seenivasagam, ***** Ipoh, Perak, Malaysia on Friday, Jan 31, at noon. METAL CONTAINERS Limited: 15th121 words
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Page 13 Advertisements
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Advertisement240 1986-01-29 13 NOTICES ROYAL COSMETICS PTE. LTD. NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 185) that the Final Meeting of Members of the abovenamed Company will be held at the office of Tan Chew Chua Co., 100, Jalan Sultan #08-07. Sultan Plaza. Singapore 0719 on Saturday.240 words
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Advertisement166 1986-01-29 13 ULTRAMARINE PTE. LTD. NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 185) that the Final Meeting of Members of the abovenamed Company will be held at the office of Tan Chew Chua Co., 100, Jalan Sultan, #08-07, Sultan Plaza, Singapore 0719 on Saturday, Ist March,166 words
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Advertisement604 1986-01-29 13 NOTICE NOTICE IS HEREBY GIVEN that, I CHAN CHIANG KEE of Blk 204 Boon Lay Drive #19-35 Singapore 2264 have applied for a First Class Beer House licence in respect of premises at M/s Chang Soon Eating House Blk 557 Jurong West St. 42 #01-3&> Singapore 2264, and that this604 words
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563 1986-01-29 14 BRIAN GOMEZ - By BRIAN GOMEZ Industrial Correspondent DECLINING oil prices between now and 1990 could mean difficulties for regional oil producers such as Malaysia, Indonesia and Brunei, said the president of Petronas, Tan Sri Abdullah Salleh, yesterday. Their key market, Japan, is likely to563 words
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325 1986-01-29 14 SINGAPORE will know on April 13 whether it will be the venue for the 1989 Pacific Area Travel Association (Pata) annual conference. Singapore is one of several countries competing to house the Pata event, which draws about 2,000 overseas visitors325 words
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435 1986-01-29 14 ANNA TEO - By ANNA TEO WITH AN ESTIMATED US$6O million worth of construction equipment lying around unused in Singapore, the response to a recent shopping trip by two Chinese companies was not hard to predict. They received offers to sell from more than 100 construction companies435 words
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Article240 1986-01-29 14 THE NATIONAL BANK of Abu Dhabi is closing its offshore branch here, the first Arab bank to do so. It will cease operations on March 31, four years after it opened. The bank's regional manager, Mr Glen Y Tanimoto, said the move is part240 words
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Article254 1986-01-29 14 HEAVY MACHINERY GROUP United Motor Works (UMW) will sell off prime assets to raise over Msso million and rescue outstanding bank liabilities of some $182 million under a proposed agreement hammered out with its creditor banks. Sources say the assets to be disposed of will254 words
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219 1986-01-29 14 FINANCE for the $80 million standby credit facility for the Kuala Lumpur Stock Exchange members is expected to be put up by the country's three major banks. Sources said the consortium providing the funds would comprise Malayan Banking, Bank Bumiputera Malaysia219 words
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Article168 1986-01-29 14 UPI MALAYSIA may revise downwards its projected 6 per cent growth target (or this year owing to (ailing oil and agricultural commodity prices. Deputy Finance Minister Sabbaruddin Chik said yesterday: "Given the current prolonged economic slowdown in the country and in the world, the 6UPI - 168 words
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390 1986-01-29 14 DAVID GABRIEL - By DAVID GABRIEL BEFORE a Singapore stock index contract is introduced onto the Singapore International Monetary Exchange, certain technicalities need to be ironed out. These relate mainly to data transmission from the Stock Exchange of Singapore and composition of the index.390 words
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Article68 1986-01-29 14 Reuter WAH KWONG SHIPPING has asked that trading on its shares be suspended on the Hongkong stock exchange starting from today. Wah Kwong's president, Frank Chao, said the suspension was neccesary to enable a financial restructuring of the company to "prevent it from running intoReuter - 68 words
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Article58 1986-01-29 14 THE US stock market edged higher in moderate trading yesterday, trying to extend a rally for a fourth day. The Dow Jones industrial average was up a fraction to 1538. Advances led declines by a five-four margin on a volume of 9.21 million shares. The Cmdcx geld58 words
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LATE FILE
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Article49 1986-01-29 14 AFP THE EC and Japan have* agreed on arrangements for trade in video recorders and shoes for 1986. An EC spokesman said yesterday an agreement on compensation for Japan followed a rise in community customs duties on Japanese recorders after Jan 1. AFPAFP - 49 words
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Article45 1986-01-29 14 AP CHINA'S People's Daily newspaper yesterday called for intensified state control over the economy to maintain a balance in supply and demand. A front-page editorial said such control was crucial to curtail further expansion of demand and improve supplies. APAP - 45 words
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Article24 1986-01-29 14 AFP INDONESIAN trade officials have allowed Chinese inspectors to check goods in Chinese ports destined for or coming from Indonesia.AFP - 24 words
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Article47 1986-01-29 14 Bernama PHILIPPINE President Ferdinand Marcos yesterday ordered the merger of the two southern Muslim autonomous governments and the re-establishment of barter trade agreements with Indonesia and Malaysia in what seemed to be his answer to the threat of Filipino Muslim separatists. BernamaBernama - 47 words
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37 1986-01-29 14 Reuter THE STATE-RUN Japanese Railways Corporation yesterday fired 20 unionists and suspended 28 others for six months for leading a strike last November in protest against plans to privatise the organisation. ReuterReuter - 37 words
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Article38 1986-01-29 14 AFP IRAQI warplanes attacked an oil tanker off the Iranian coast on Monday, said an Iraqi military spokesman yesterday. However, independent shipping sources in the Gulf were unable to confirm the raid. AFPAFP - 38 words
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Page 14 Advertisements
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Advertisement300 1986-01-29 14 JACK'S PLACE v JANUARY *86 SET LUNCH MENU KILLIMFY ROAD YEN SAN BLOG PARKWAY PARADE MAS BASAH COMPLEX AN6 NO KK> HOTEL MIRANAE COLA MON Marinated Leg of Lamb or Pork Cutlet or Grilled NZ Roast Loin of Pork or Pork Cutlet or Steak with Garlic Butter Sirloin Steak Steak300 words
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Advertisement200 1986-01-29 14 Exploration to continue apace, Pago 2 Y AS SELLING ON L/C If you have our guarantee. And we can give you that guarantee in more ways than one. You can choose between our export credit insurance service Or, you can if you are a small and medium size company opt200 words
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Page 14 Miscellaneous
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Miscellaneous58 1986-01-29 14 wMsm Outlook for today: Windy throughout with showers over several areas in the afternoon. Report tor 24 hours prior to 7 30pm on Jon 28 at the orport: Maximum temperature 29.8 Associated humidity 63 Minimum temperature 23.0 i Associated humidity 92 Hours of sunshine 4.75 Rainfall in millimetres nil Roinfall58 words
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SHIPPING TIMES
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119 1986-01-29 15 DOCK EXPRESS Shipping, part of the Van Ommeren Group, has appointed Jardine Shipping Agencies as the general agents in Singapore, Malaysia and Thailand. The Rotterdam-based Dock Express operates five heavy lift vessels capable of loading and discharging at high speed, independent of port facilities. Equipment119 words
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438 1986-01-29 15 JUNE LIM - By JUNE LIM IN VIEW OF the tough conditions in the coastal trades, Straits Shipping has trimmed the number of its seagoing crew. Straits Shipping says that it has retrenched 75 of its officers. But it is believed that 45 have been taken438 words
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279 1986-01-29 15 W T will offer port pricing scheme from Feb 1 WAREHOUSING A Transportation (WAT) will introduce an innovative freight service from the US to the Pacific destinations including Singapore, Port Kelang and Penang. With effect from Feb 1, WAT will otter a most advantageous port (MAP) Ericing scheme operated y279 words
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PORTSIDES
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Article57 1986-01-29 15 Reuter TOTAL FOREIGN trade traffic at India's 10 major ports rose 13.2 per cent to 87.04 million tonnes during April through December 1965 from 76.91 million in the same 1964 period, the Indian Shipping Ministry said. The ports handled 10.98 million tonnes in December, compared with 9.53Reuter - 57 words
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Article47 1986-01-29 15 Reuter MARUBENI Corporation won contracts worth about 20 billion yen to build six clean tankers for the Greek Elepson Corp, a company spokesman said. The tankers are for carrying petroleum products and will be delivered from January to September 1967, he said. ReuterReuter - 47 words
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Article92 1986-01-29 15 Reuter THREE PEOPLE were arrested after an explosion on a scrapped tanker in southern Taiwan which killed six workers and injured 15, police said. They said the three, including the proprietor of a ship scrapping firm, would be charged with negligence and ignoring government safetyReuter - 92 words
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Article52 1986-01-29 15 Reuter THE PORT OF Colombo handled 2,171 ships in 1965, an increase of 109 from the previous year, a Sri Lanka ports authority official said. About 215,746 TEU's was handled last year, up 34,262 from 1964. He attributed the increase to better port conditions and new containerReuter - 52 words
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Article119 1986-01-29 15 THE INTERNATIONAL environmental group Greenpeace will try to land on Antarctica despite ice conditions that forced it to abandon plans to set up a scientific base on the frozen continent. Peter Wilkinson, campaign coordinator aboard the vessel Greenpeace, said that the ship hoped to land its 35-member crew119 words
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Article1231 1986-01-29 16 IN SCANT fixing on grain routes on the London freight market on Monday, Krohn agreed to US$B (fio) for the Moshill to work 72,000 tons from the US Gulf to Holland. Coal business was similarly subdued but featured two South African movements from Richards Bay to Denmark. Cobelfret1,231 words
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894 1986-01-29 16 FT SHIFTING TRADE patterns have cast a long shadow over the future of Canada's St Lawrence Seaway, the canal and lock system which joins the Great Lakes to the estuary of the St Lawrence River and the north Atlantic. Traffic through the seaway,FT - 894 words
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Article, Illustration242 1986-01-29 16 San Jacinto will be delivered to Sarida Offshore THE SAN JACINTO, a floating production storage offshore barge, was launched at Bethlehem Singapore in a simple ceremony yesterday. The 3,400 grt barge will be delivered to Sarida Offshore, a joint venture between Singa-pore-registered Offshore Petroleum System and242 words
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Article844 1986-01-29 16 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 5 Atlas Lines X 4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bait-Canada Line844 words
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Article175 1986-01-29 16 SMITH BELL of Manila and Dodwell Shipping of Hongkong has entered into a joint venture. Smith Bell Dodwell Shipping Agency Corp has established an office in Manila to offer a hill range of agency services to shipowners, operators and managers at all the ports in the175 words
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Article170 1986-01-29 17 A NEW NON-PROFIT organisation has been formed to represent the interests of 23 independent stevedores from the US Gulf and Atlantic coasts. The Association of Independent Stevedores and Terminal Operators has been established in Louisiana as an information, referral and public relations organisation. "We will not be170 words
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358 1986-01-29 17 Kingsley Wood - By Kingsley Wood THE LATEST IN THE confusion that has accompanied the provisional liquidation of Karlander Kangaroo Line is a dispute over the legality of action taken by owners of some ships on charter to the line in appointing agents for those vessels.358 words
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Article136 1986-01-29 17 VICKERS Shipbuilding in the UK has launched schemes for inter-est-free and cheap loans of up to £5,000 to enable its 14,000 workers to take part in the plan for an employee buy-out. At the same time, an independent survey has shown 42 per cent of employees would136 words
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Article720 1986-01-29 17 AFP TIME-CHARTER business and signs of further Soviet activity maintained interest in the early part of the week on the freight market, while new signs of activity in the ore and coal sectors encouraged sentiment later on in otherwise thin conditions. Nevertheless, the few fixtures on major grainAFP - 720 words
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Article191 1986-01-29 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 (STRAITS/ AUSTRALIA): Australian National Line. Australia191 words
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92 1986-01-29 17 JAPAN'S Mitsubishi and Kawasaki shipyards will split a maintenance contract for eight LNG carriers operated by Energy Transportation of the US. Routine drydocking for the 125,000 cubic metre vessels will take place over the next two years. Each ship will be taken off92 words
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Article4495 1986-01-29 19 3®aBG)gEB 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 at4,495 words
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Article772 1986-01-29 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location A New Jersey 7 29 1.86 1600 USL F7 0700-0800/0700-0800 Nl/Pl That Pailin 4 IN/A 29.1.86 1700 Jardine F7 0700-0800 F3 Anders Ms 8603 29 1.86 1700772 words
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Article574 1986-01-29 23 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel B Perseus K9 Barber alongside 29 1/0600 Equator 3 K22 Thong Soon alongside 29 1/0400 Equator 5 K23 Thong Soon alongside 29 1/0300 S'thern Glory K27 SSCO alongside 29 1/2300 Sri Phertsmn K19 Foong Sun alongside 29 1/0600574 words
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Page 15 Advertisements
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Advertisement898 1986-01-29 15 Concise Comprehensive Contemporary all 9°°* ne wsag en OOCL Orient Overseas CotUaim♦ Line STRAITS FUROPf FXPRfSS SFRVICF •ORENTM dSF 47* I OKA JACUN 32* KTIN CRYSTAL m KOKJM CHANCE K« XKR SEAS IRKE 54W a. ICR TO 3D Penang ml Port Keiang cargo via feeder vessel •Closing Tines (S pore):898 words
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Advertisement71 1986-01-29 15 SHIFTING TRADE patterns have cast a long shodow over the future of Canada's St Lawrence Seaway, the canal and lock system. Pag* II THE LATEST IN THE confusion that hos accompanied the provisional liquidation of Karlander Kangaroo Line is a dispute over the legality of action taken by owners. Page71 words
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Advertisement911 1986-01-29 15 In Search of EXCELIEHCE l f\r>: I t\'A < "111 This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense THE BOOKSHOP MAERSK LINE FAST TRANSIT TO MIDDLE EAST F-#d,r Kela'ng P,nan 9 V,M#l *Safapot( Cte*t911 words
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Page 16 Advertisements
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Advertisement392 1986-01-29 16 C 53 VC? V FJiflJ 1 YAMASHITA-SHINNIHON LINE JLjJLAtI JEs CONTAINER SERVICES Vessel MS ACE FAMR.Y ACE GLOKT ACE MONTE CAYSTAI Acceptor* FCL shipmenh to: Iran. Afghanistan. E. Germany. BHfwm. Finland. Hunfary, Rumania. Bui (aria Poland. Yujwlavu. Czechoslovakia. W Germany. Norway. Sweden. Denmark, Switzerland. Austria Malaysian Bk{ Agents Anglo-French Trading392 words
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Advertisement272 1986-01-29 16 -T) Supercarrier Service 5-jj N »OUf* B TUTt N ROSARIG BAMER reus N ROCKSnH NUT ARKIVAiS BAFtBER PERSEUS 77/1. B HECTOR 17/2. TOURCOiIG 26 2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA VMS* BARBER WCTOK TOURCOMG BUSH TOM BAMER TUTI Abo acceptoig contrs tor Houston (MLB). S Francaco272 words
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Page 17 Advertisements
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Advertisement921 1986-01-29 17 The Straits Steamship Group O STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINER SUP SERVICES TO/FROM BANGKOK Th« swire China Navigation Co. Group 9 Mansfield Container Shipping PteLtd Overseas Containers Limited CONTAWERSmP SERVICE TO UK/CONTINENT OSAKA BAT KASUGA MAM) BENAVON KONIOON BAT CUT Of EDMURGH FRANKFURT [XPRESS921 words
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Advertisement819 1986-01-29 17 Franco Belgian Services A (MEMBEB i b .1 r f ,i«.f h rrru h >i*n ur with Hrl/fian h.* r hrn inf- I com AND SERVICE TO MIOK ORENTAL CKF KOREAN lACEJW NEPTU* CftrSTM. KOREAN CWNa SEVEN SEAS BRDGE *"<" P KEIANG It Hn tan F'Stave Han RHi.w Ant ki819 words
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Page 18 Advertisements
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Advertisement736 1986-01-29 18 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carru(e to Scandinavia, Med, Carribean S. America inland haulage to inland destinations in Europe S pore PKfljntPemnj UiwfsßAjc Genoa Hbur| Rdam Bhanen A werp AJ Mubarnuh 1/2 10/2 12/2 1/3 19/3 15/3 12/3 BN Younn 10/2 14/3 10/3 7/3 SophK Rickmefs 8/3 10/3 12/3 6/4736 words
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Advertisement531 1986-01-29 18 /jfif Hai Sun Hup Co (Pte) Ltd m TEL: *****06 (20 Lines) TLX RS ***** RS *****. tB EASTERN C AR LINER. LTD. IML INTERMARITIME LTD 1 K. Kinafcakj (Sub A(ent) Tel: 2215<0 lakarta (SMb A{ent) T* (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS u km m sr pi. i«531 words
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Advertisement378 1986-01-29 18 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) also acceptmg lcl/fcl o fcl/fcl to GOTWWURG AARHUS COPEJOMGEN. OSLO. STOCKHOLM. XL SMI. BREMEN BREIERHAKN W HAAMURG LONWL SOUTHAMPTON MANCICSTER ——MM. LIVERPOOL GLASGOW MA FELIXSTOWE AMSTERDAM MA ROTTERDAM L OUTBOUND US WEST COAST INBOUND FAR EAST/RED SEA/MEDITERRANEAN378 words
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Advertisement221 1986-01-29 18 MSI NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Singapore Load** for M 10/2 B ABBAS KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC 0. COURRER AGENTS SINGAPORE PORT MLANG PENANG SPORE PKeUnt Loadnt tor: 9/2 Lac, P. Moresby. Honiara. Kieta. Rabaul SftOSE MARITME PTE221 words
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Page 19 Advertisements
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Advertisement207 1986-01-29 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 FIJI COIIMU SIM 31 lan 12 fob 14 Feb ESPERANCE207 words
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Advertisement178 1986-01-29 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 I ■EQUATOR SINGAPORE TO SABAH PORT •With Dry I Reefer Container Service CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container178 words
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Advertisement715 1986-01-29 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 17/2 19/2 21/2 22/2 24/2 24/2 25/2 27/2 21/2 2/3 2/1 4/3 4/3 7/3 0/3 13/3 IS/3 17/3 11/3 20/3 25/3 27/3 29/3 30/3 1/4 30/3 1/4 3/4 4/4 5/4 1/4 10/4 12/4 13/4 15/4 17/4 10/4 21/4 22/4 24/4 23/4 25/4 27/4715 words
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Advertisement601 1986-01-29 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE LOADER FULL CONTAINER SERVICE S'PORE TO JAKARTA MAIAPAHIT V 28 HB THAN* BHUM V 019 MDUNA V SB? IAKARTA SURABAYA 1/2/06 3/2/ IS 6/2 m 0/2/06 imm EXPRESS GANDA BHWTI V 14-1 STOK iwsn HMO AYMN/tTMM KWK/OROn 4/24/2 1/3/K 14/3/04 17/3/14 IJ/1/N AISO ACCfPTtK BOTH601 words
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Advertisement376 1986-01-29 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadin{ for Rangoon 'V BANK LINE •CONTAINER SERVICE TO UK/CONT I SPORE R'DAM HULL HMBG 1 Feb 25 Feb 1 Mor 3 Mar 18 Feb 15 Mor 25 Mor 20 Mor A" ITUNDAI MERCHANT MARINE BULK TIMBER AND PLYWOOD376 words
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Page 20 Advertisements
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Advertisement1096 1986-01-29 20 USA CANADA ATLANTIC COAST (Round The World Service) [V K LINE KAWASAKI KISEN KAISHA, LTD. ORIENTAL PfiEMKR VI2 ORfNTAI KNIGHT V 25 NEPTUNE CORAL V 3 tiPTUNE CONCORD V 9 PACIFIC COAST (Including DESTINATIONS INLAND vU !PI MICROBRIDiiK A MINILAND BRIDGE) FEEDER UTOPIA *5 CJt TOKYO V2E MOMR VESSEL STORE1,096 words
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Advertisement585 1986-01-29 20 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container. INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapoie Penang loading for CAI ABM' 30 lan 21 lan Markas B deili Hakta Calcutta Ml DAS 2 Feb MjAit Bomlijt U Feb 9 Feb ftb+» Bdnh Hjttj C*utU CALABAR 26 fet> ?4 frt Maeat B585 words
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Advertisement441 1986-01-29 20 GOLDEN LINE GU«N GUAN SHIPPING (PTE) LTD 23. Tctak >(« Sir wl SMCAPORE 0104 m SJ43IU (10 IKS) STRAITS/PERSIAN GULF SERVICE: S pot P Urtanj Ptnanf GOLHN NONKR Cotombo Aafacln Muscat Dub* GOLDEN an Colombo Rifich. Onto. Bah(»n 11/20 Ftb 2/4 kbr m CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S441 words
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Advertisement371 1986-01-29 20 Tl INTRASEA IPTSI LTD. ux| 10 Anson Road "27 16. International Plaza Singapore 0207 Tel *****1 1 (10 L.nes) <► BREAKBULK SERVICE TB EUROPE/UK PHIUTRON SHIPPING AGENCIES PTE LTD TEL *****22, (8 LINES) TELEX RS ***** PHILI SINO EXPRESS LINE CHINA APPROVED CARRIER SEI l 30/1. 4/2 GUANGZHOU WHAMPOA TAI-PWG371 words
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Page 21 Advertisements
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Advertisement711 1986-01-29 21 NOL NEPTUNE ORIENT LINES LTD Ajents Spore NEPTUNE AGENCES PTE LTD. M 1 Id No othce letranal CfS BOOkINCS *****77 ft 27*9977 *****22 *****53 OR OMECT IMS *****53 ZiniU I Bihiu HARPER NBA SOW BHD 2 loo r Keiang HARPER WRA SDN M) M'Ml *****1 P laya HARPER NBA SDN711 words
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Advertisement512 1986-01-29 21 SP(*I tIJNIS NfPIUNf HGfNCIIS Ptt 110 lel 8997; ?;***** (Bookmp) ???7blo ??1?0?? (Opf.jlKK.St ????48 7 i709?84 <lerm«ult ??0?«">C ?'W<>o4 (CIS) M»l »»SI« «IJ*IS TIJNAS Sf ll* SON BHD Kl Tel vPK Tel *****4 PIN TH 36/375 36/4/s CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERViCE TO COLOMBO.512 words
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Advertisement786 1986-01-29 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARK AT UAH SOON SON BHD. IST AND 2NO FLOOR. MESSRS HM THONG SHTPWG 127786 words
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Advertisement98 1986-01-29 21 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. SomtrMt Road. #06-01. Ng T»ow Yh®« Dtdg S por» 0923 T«l 235 8444 (4 linns) Pwt Manj lifj Pma Shipping Sdn Bhd Ifl 03 3890.'4 S Penang Mala»sia Ttadf Transport lid Ifl 04 *****3 Pasit Gtidang Malaysian Shipping Agencies98 words
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Page 22 Advertisements
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Advertisement394 1986-01-29 22 I REGIONAL CONTAINER LINES TO BANGKOK (3 WEEKLY SAILINGS) SMGAPOK fffA MM RATMM BHUM KIT) BHUM SEA FOR TIM m* BHUM KIT) BHUM MTMM BHUM Thu 053N Thu 2S7N I Sat Sun SEA FOR Tiff TO SOUTH THAILAND (FORTNIGHTLY) 1 L'Ai.'i'.iiL'i rni nw ruin ftti 1 1 m et wvm394 words
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Page 22 Miscellaneous
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Miscellaneous189 1986-01-29 22 Regional Weather >3 M s» N m St £0 M /I jk m Wa 1 i w. '■4 A £3 S3 6 is es r-j u\ m V. SHU SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND Wind direction with speed in knots Wove height One half189 words
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Page 23 Advertisements
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Advertisement144 1986-01-29 23 HSC AGENttS K. LUMPUR P. KELANG PENANG P. GUDANG i. BAHARU LEOSHP SPORE *****55/*****56/*****45/*****93 *****1/4 TERMNAL 3M381/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/22U65/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE VS. ll"il!"JRf RW II IHIMHI rTfira :v,. '"iryn— m riiTTMCTMPffTin.: '"TUL-cra TirTMim ITTM 11TTTTTM n ,i ■pnnn| 11 ii PTM ll'.'i/'.'-MtTf tTf ALSO144 words
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Advertisement218 1986-01-29 23 I'i'Ji r 1 'ii to/1 t/7 I Rotterdam. H«mt>ura, Antwerp. Br#m#n. N V lurop*J 29/1. S/2 fi.m.ow,. L« Havre I tmHU Bsm* bulk cargoai accapta&a a Cargo racaivad dei'y Faatttt Transit Ttma at Unbaatabia frarght Ratat UNIP ACIFIC TRANSPORTATION TRADING AGENCY PTE LTD Singapore Tel *****4 |7 lines) P Kelang218 words
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Advertisement290 1986-01-29 23 GLOBY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG] •AT ATTRACTIVE RATES* 3 STOW P KEIANG POUNG BEL A WW* UJUNG PAOMC G SELAIAN 7 S«ied 16/1 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM290 words
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Page 24 Advertisements
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Advertisement476 1986-01-29 24 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK /CONTINENT TO: EUROPE IG MAM STOW KMNKM SM WtCHAN 31/3 Feb In P«< In Part lON. ROM. HBC. BHVN. ANT 7/U Fen TOR ROM WG BHVN km HUU FROM EUROPE: PENMG P KELANG STORf BKK FROM MCHAN bi Pari SM RIM. COP HAM.476 words
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Advertisement440 1986-01-29 24 K pm LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN EXPORT Seifapart P HfUnf P«»»X POMEX PIOWIR 4 N l» H/M •*> 24 ?4 ■ggi POMII POCER «-S lan »/l» >» 2«/21 H/23 •POMH VENTURE 5-S lan a/M 2'/" Carjo accepted to Smfapore Cargo will occept to Jopan Ports including heavy cargo (mo*440 words
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Advertisement665 1986-01-29 24 C.Y. LINE (A Member Of The ACE Consortium) CHO VANG SHIPPING CO. LTD FUUT CONIMMSCD SERVICE 10 EUSOtt (VM SUEZ) OMNTU CWF 47H KOWAB UCiM 3?W WPTUW CKTSTM. 33* KOWAH CHANa »N Sparc LtMwve (dam Film Hbu( Bicni IMwtrj> hPt 17/2 U/2 20/2 22/2 2J/2 2S/2 5/2 24/2 25/2 27/2665 words
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Advertisement792 1986-01-29 24 4 COMPANIA PERUANA Dt VAPOREBS (C.P.V.) 2 "PERUVIAN STATE LINE" 9 A TA Loading tor Ca*ac Mataran. 110 and a* other Peruvian ports antti transhipment at Kobe wL On CPV Ttwout»i Bins ot lading to tmal destination M Penanj* P Kebn( Sai|apore+ HUGJCVERETT 30/31 Jan f MANOIOEVERETT 11/19 Feb 0792 words
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Advertisement287 1986-01-29 24 ZIM RENCE FULL CONTUO SERVICE accepbnf FCL/LCL cargoes to USA East I Mest Coist Cambbeaniast Canada and HAITI ZIM EILAT CONTAINER LINE Spore EM Thntt K«pr ttact ftmrn m KLBOUUC J/2 24/2 7/) 0/3 5/3 2/1 m EIAT 2t/2 14/3 25/3 20/3 23/3 20/3 Accepton fCI To European aid MedHerranean287 words
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