The Business Times, 4 February 1986

Total Pages: 24
1 24 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, FEBRUARY 4, ltBS 75 CENTS
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  • 428 1  -  By ALVIN TAY SINGAPORE'S foreign reserves fell by about $180 million last September to $24.8 billion, the biggest monthly (all in at least six years. The (all, revealed in the December 1985 issue of the MAS Monthly Statistical Bulletin, resulted partly from
    428 words
  • 541 1  -  New policy expected to benefit construction industry By JEFFREY TSANG AS PART OF its retreat from the private sector, governmentowned companies (GOCs) will no longer be awarded government contracts. This new ruling by the Ministry of Finance has been made to avoid unfair
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  • 499 1 A CHANGE of policy by the National Computer Board will mean local software houses could share an extra $50 million worth of business in the next fiscal year. In a move designed to raise the standard of Singapore's software, the NCB is expected to award
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  • 150 1 Reuter THE US ECONOMY showed continued strength in January, with new orders surging to IV4year highs, said US purchasing managers in their latest report. The managers' composite index of new orders, production, employment, vendor performance and inventories rose to 52.4 per cent in January
    Reuter  -  150 words
  • Article, Illustration
    87 1 SELECTIVE baylag at fsallty etuten helped the Stagapare stock market to date* m a steady aate yesterday. Iks Straits Hum ladastrial latex pat m palate to C14.1l while the kwte kaaci BT Campaatte latex galaed MS palate to 52t.11. Aaalysts attrifcatod yeatorday'a Mwaanglag shew to tovaatow' reratiag d
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  • 325 1 THE PEACE that should be part of Chinese New Year has been shattered in recent years by the commercial fireworks sent up by Sincere Hampers and its arch-rival Noel. But this time, Sincere has more to worry about than the fight for
    325 words
  • 103 1 AP TAIWANESE Premier Yu KuoHwa yesterday said that his country would adopt "flexible, expedient measures" to allow Hongkong Chinese professionals to work in Taiwan when "it becomes necessary". Mr Yu said the professionals would include lawyers, doctors, architects and accountants in the British
    AP  -  103 words
  • 484 1 EMPLOYEES of at least two more major banks will be retrenched after the Chinese New Year, as part of rationalisation exercises prompted by slow business and bad debts. Standard Chartered Bank, a full-licensed bank with a network of 20 branches, is said
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  • 120 1 Bernama THE APPROVAL of the MCA central committee is needed for the setting up of any fund to help party president Tan Koon Swan in his defence, secretary-general Datuk Lee Kim Sal said in Kuala Lumpur yesterday. No dates have been fixed for such
    Bernama  -  120 words
  • Page 1 Advertisements
    • 41 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Be a good sport MADE IN ITALY Casuals to look smart in Sote Agent JHk JMa Sport (S) Pte Ltd Tet 748 4993 The RS ***** SPORT Available at OG Stores. Metro Grand, Metro Scotts.
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    • 243 1 wm SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE OUR VIEW THERE HAVE BEEN HINTS thot students will be made to repoy part of their education costs after they graduate from the university or polytechnics. The principle is sound. But implementing a repayment scheme could be troublesome. Increasing fees may
      243 words
    • 67 1 \(<)/!/%)&|=\{!$*;~:`_`$||"&='` "KLM has been crowned Airline of thenar." 'And 20,000 KLM-ers want to show you why." vy r s» Air Transport World, the leading aviation magazine, has crowned KLM Airline of the Year. And 20,000 KLM-ers are eager to prove the choice was right. On the ground. In the air.
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    • 1 1 II
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  • HOME NEWS
    • 469 2  -  By LEE HAN SHIH BUILDING WORKS clinched by South Korean contractors in the region fell by close to half last year from 1964. And if not for the Changi Airport Terminal Two contract which was awarded on the last day of the year,
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    • 291 2 CLASSES FOR more than 500 school-leavers have begun at the Clement! Institute of Commerce (CIC), the second new-genera-tion training institute built by the Vocational and Industrial Training Board (VITB). The first batch of 510 trainees which enrolled In the one-year Preliminary Certificate in Business Studies
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    • 384 2 THE ECONOMY may be heading (or a further decline next year, big businesses may look at the new year with trepidation but a local dealer in raw chemicals believes the time is right to start manu(acturing liquid chemical fertilisers. Mr Charlie L H
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    • 324 2  -  By SHAHRIR ARIFF SEARS WORLD TRADE Inc of Chicago sees the Asian region as increasingly important (or sourring certain products, says company spokesman Jim Carter. Represented in the Republic by Sears World Trade Singapore, SWT Inc purchases consumer, light industrial and
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    • 251 2 THE LOCAL purchasing house of the American K Mart chain store was re-registered late last year as a fully-fledged Singapore company following a move to step up direct buying in Singapore and the region. Re-registered as Kmart (S) Pte Ltd, the purchasing
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    • 70 2 THE BARISAN SOSIAITS has called again (or a re' .don in Central Provident Fund contri- buttons (or both employers and workers. It said that it would be (air and justified only if the cut went both ways. It said a 15-point reduction on employers' contributions
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    • 179 2 IT IS TIME TO review shelf-life standards for more foods with short to medium shelf-lives, said Dr Lee Ngak Siang, the president of the Consumers Association of Singapore (Case). Writing in the January issue of Consumer, Dr Lee argued for greater
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    • 109 2 AN 11-LECTURE programme on Import and Export Procedures is being organised by the Department of Trade and the National University of Singapore's Department of Extramural Studies. The course will discuss inward and outward documentation, customs requirements, port procedures, marine insurance, letters of credit and financing and
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    • 348 2 CHINA IS WORKING hard to improve its laws, rules and accounting procedures to attract foreign capital, including some aimed at resolving actual problems faced by foreign investors, said a senior Bank of China official in Singapore yesterday. Mr Shu Xianli, the deputy general
      348 words
    • 123 2 THE THIRD BOOKLET In the Skills Development Fund's Skills Development Notes for Managers Series is now available. Analysing the Needs deals with a company's skills development needs in meeting business objectives. The booklet, in English and Chinese, is available free from the various employers' organisation. "The
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  • Page 2 Advertisements
    • 239 2 Miniature tree tn Chtn Dynasty planter COMMITMENT. When it comes to doing business in China, Bank of America's roots run deep. Because we've carefully nurtured our relationship with the PRC since 1972, when we opened our China Office in Hong Kong. Bank of America was one of the first US.
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    • 21 2 With Air-India's Executive Class, Business Class is never the same again. PS Eilsi'»E«Q i U k 58 J*L*] TBrl KlrOrl m
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  • OVERSEAS
    • 253 3 AFP JAPANESE business leaders have pledged to increase investment in small and medium-sized Thai industry and to send experts to help improve the quality of Thai exports, according to a Thai government economist. The businessmen were in Bangkok for two days of private sector Thai-Japanese trade
      AFP  -  253 words
    • 167 3 TAIWAN PLANS to lay off about 8,000 employees in its 12 state enterpises before fiscal year 1906, ending June 30, to increase efficiency and to streamline management. An official of the Economic Ministry said yesterday that this accounted for 7 per cent of the
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    • 65 3 Reuter TAIWAN'S 1985 balance of payments surplus hit a record US$9.7 billion compared with $5.86 billion in 1984. The surplus came mainly from a trade surplus of $10.6 billion last year, up 8.5 billion from 1984. Services, including insurance, shipping, transportation and investment, incurred a
      Reuter  -  65 words
    • 264 3 Reuter CHINA HAS SERVED notice of a new campaign to attract the palates of the world with an export commodity expected to increase its foreign exchange earning» Sfrhnj»n cuisine. The south-western province of Sichuan, famous for its hot, spicy food, has already established a
      Reuter  -  264 words
    • 208 3 Reuter SOUTH KOREAN President Chun Doo Hwan has warned that "the threat of war is real" on the Korean Peninsula, charging that North Korea's Soviet-back-ed military build-up was responsible for the tension. Newsweek magazine has quoted Mr Chun as saying that "North Korea has
      Reuter  -  208 words
    • 813 3 ARRIVALS Operator Service number Locol time From CAL CI337 0255 TPE sv SV389 0445 JED/RUH MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN SIA SQ103 1005 KUL RBA BI42I 1030 BWN CPA CX710 1030 CGK
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    • 191 3 Reuter PRESIDENT MARCOS of the Philippines and opposition candidate Corazon Aquino will bold a debate on a US television network programme tomorrow night. An ABC spokesman said in New York yesterday that the two will appear on a special 90minute edition of a
      Reuter  -  191 words
    • 351 3 Reuter THE YEN has been rising a little too fast against the US dollar over the last week but it is not now necessary for the central bank to support the dollar thmngh dollar buying intervention, says Bank of Japan governor Satoshi
      Reuter  -  351 words
    • 154 3 Reuter NEW PRIVATE SECTOR fixed capital expenditure in Australia is projected to rise to A 518.87 billion in fiscal 1965/96 ending June 30 from a previously forecast $17.36 billion and 115.92 billion actual in 1984/85. The Statistics Bureau, in its revised survey for the
      Reuter  -  154 words
  • Page 3 Advertisements
    • 242 3 Builnm ImqiiMin m nnllHn» t-i ■> m in# powict twin, rigc 4 Qanias. The Pioneers of Business Class. m Australia has pioneered two great firsts in the history of JflP flight. That strange device, the boomerang. And the world's only airline to specialise in long distance flight... Qantas. Qantas flies
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  • WORLD BACKGROUND
    • 737 4 The neutral businessman is extremely rare rajumMS n/M I v#LL As the elections draw near, Philippines is a hive of activity. Many businessmen even freeze major investments to heed the campaign siren call. The accompanying articles look at the warlords who allegedly command well-organised
      AFP  -  737 words
    • 751 4 UPI A FORMER CONGRESSMAN known as Don Ramon calls himself a "political kingfisher". "I come out only during election time," says Ramon Dura no, 80, President Ferdinand Marcos's long-time ally who is expected to deliver the votes the leader needs to win the central island
      UPI  -  751 words
    • 804 4 AFP THE ONCE-STRIKING face Is ravaged by illness, the once-strong voice is cracking, but when Ferdinand Marcos stands in front of a crowd and says "the country is in danger", people listen. Red campaign windcheater over a bullet proof vest, hand raised
      AFP  -  804 words
  • Page 4 Advertisements
    • 101 4 M Sparkling good wishes for your favourite clients m this Lunar Newfear. ,j. BmlMH,si<" ItC.- i ■*<■> pF^,- 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 SVMfcRON/SKI Oystal L <£ Authorised Dealers Crystalteia
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  • Page 4 Miscellaneous

  • OVERSEAS
    • 312 5 NYT THE BIGGEST EXCHANGE of East Bloc and Western agents in post-war history has been arranged between Bonn, Washington, Moscow and East Berlin and will take place in the next few days. The German Bild newspaper said on Sunday that the swap would also
      NYT  -  312 words
    • 175 5 Reuter CONGRESS may have to cut US*» billion to $90 billion from Washington's 1987 military spending under a new budgetbalancing law. In an interview, the chairman of the House armed services committee, congressman Let Aspin, released a six-page analysis showing
      Reuter  -  175 words
    • 196 5 AFP SOUTH AFRICA'S pass laws, which control where the country's black majority may live and work, will be scrapped by July 1. President Pieter Botha made the announcement in a doublepage advertisement in the country's major Sunday newspaper where he explained points from
      AFP  -  196 words
    • 520 5 Reuter LEADERS of the seven leading industrial democracies will probably try to breathe new life Into the faltering Baker Plan to shore up the international debt situation when they meet, said senior officials of these countries on Sunday night. "We
      Reuter  -  520 words
    • 660 5 Reuter MALE DOMINANCE in the City of London financial district is coming under attack as women make their mark in the fast and furious world of firmnH«] futures. While immaculately-dressed financiers with bowler hat and furled umbrella can still be seen
      Reuter  -  660 words
  • Page 5 Advertisements
    • 322 5 If they don't match, 3 Ib 2 *****0 SiOOl 07/85 !Rttf~oi/87 T7 I JOHN INN >v ft r DiJffe of Chjj'^ts 900 666 777 2 YJOHfIN SPORE > ot 7 PTE LTO Approval Cede Oeck or e*t> No .111 II m 31b2 *****0 <UOOl IMRU 06/87 77 1 JOIN INK
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  • RAW MATERIALS
    • 324 6 AP THE KUALA LUMPUR Tin Market yesterday opened for the first time in more than three months, becoming the only "official" international tin market now in operation. Market officials said tin opened at Msl9 per kilogram and closed at MslB per kilogram, the price at
      AP  -  324 words
    • 353 6 Reuter INDONESIA, the world's second biggest tin producer, has said it rejected any rescue package which involved producers and consumers shouldering losses sustained by the world tin accord. "In principle Indonesia will not accept any proposal if it is related to producers
      Reuter  -  353 words
    • 274 6 SINGAPORE THE MARKET yesterday closed higher with March One RSS buyers quoted at 162.25 cents per kilo, up 1.25 cents from last Friday. The market hovered narrowly in quiet morning trading on lack of interest. Prices held steady in early afternoon trading, but picked up towards the close on
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    • 55 6 TIN wm yeatentey traded sharply lewer »1 MfIS.M a kite the Kttla Lunpw Tta Market whei tn4lig reium4 the Market after a three leath eteThe prlee waa well helew the last traded prlee ef M&M a kite teat Oct 14. KL TIN asr m cm Fab 3 Price
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    • 66 6 Bangkok (USS/twM, FOi) Whit* Ric« 100% 1»t dou 270 100% 2nd dot* 245 100% 3rd class 240 5% 230 10% 225 15% 220 20% 210 25% 200 35% 195 Broken Rk« A-l Sup«r 140 A-l Special 137 C-l Special unq C-l Ord unq Loonzoin Rkc 100% 1st arodc unq
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    • 122 6 MALAYSIAN crude palm oil prices yesterday dosed mixed after further covering interest met aome late selling. Feb deliveries in the central region rose Mss but south fell |5, both at 1585 per tonne. Mar in the south traded unchanged at 1610. The refined palm oil market was featureless
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    • 734 6 COFFEE ROBUSTA COFFEE futures yesterday remained largely neglected and firmer to midday, with gains from Friday night of £66 to £50 a tonne, mostly around the middle of a relatively narrow traded range in very thin business. The market was due around £60 a tonne up based on
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    • 270 6 RAS prices s c«*ti/k|, foi*^ NOON CLOSf Int 1 RSS Prompt 158 50 Int 1 RSS Mor 86 161 00 Int 1 RSS Apr 86 164 25 Int 2 RSS O P 157 00 Int 3 RSS O P 155 00 Int 4 RSS O P *****
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    • 90 6 (cants/kg, 1-ton pdUt.) p£| 86 (currant month) NOON MAI 186 Viwrworo rngnin/ NOON RAS 1,^, S«hn lll[nrl Safari SSR 20 ***** 167 00N 166 00 I68.00N SSR 50 163.00 165.00N 164.00 166.00N MRELB 9mfmt kr«n dvwvn SMR CV 231.00 233.00N 232 00 234 00N SMR L 230
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    • 150 6 flan <i Robusto 20/25% uninOTf rrou uce FOB NSW 635.00 ExchmQt Silin' mm dosing p ricM Nutmeg 677.00 F*b 3 (SI/100 kg). 110 FOB NSW E&W FOB NSW 597.00 Coconut oil Bufc FOB 60 00 Gombier Otd drum FOB 73.00 FOB NSW 330 00 New drum FOB 77.00
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  • Page 6 Advertisements
    • 211 6 'V t >% I x m it i i ••Sp WN >3 > 8 /•••< 1 t wi <3 ir if 5, J& L If your flights to Bangkok have always been nothing more than two hours of blue skies and an indifferent newspaper, we invite you to read on.
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  • BANKING AND FINANCE
    • Article, Illustration
      1059 7 oINuArOHe THE US dollar yesterday recovered against most major currencies on late short-covering, but still closed lower than New York's Friday levels, after a day of active but nervous trading. The dollar eased in the morning on speculative selling but recovered in the afternoon, after news that Bank
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    • 65 7 THE OVERNIGHT rate on the Singapore interbank money market fell Vi point from Friday to end at 4'/» per cent yesterday. One month term rates fell 1/16 point while two and three months remained unchanged. S$ Interbank rates at 7pm yesterday: OHtr Bid Overnight 4 1/8 4 I
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    • 379 7 BA Futures MARCH EarsMlar yesterday opened at 92.12, gapped up from Friday's close but unchanged from IMM's close. The market edged to 92.14 after the initial opening but selling pressure at this point saw the March contract slipping lower to 92.09 on concern over the investors' demand for the
      BA Futures  -  379 words
    • 224 7 Interbank rates at 3pm yesterday: Md Oiler o reee pertly change Local dollar* to o«o umt of foreign currency US dolor 2.1300 2.1310 ***** -24 46 Sterling pound 2 9713 ***** 7 3469 -59 56 Austrakon dolor 1 5059 1 5087 ***** -56 08 NZ dolor 1.1342 1
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    • 288 7 HONGKONG: GOLD yesterday closed weaker under speculative selling pressure but light demand brought it off its lows for the day. Dealers said buying emerged after selling from Japan, US commission houses and local speculators pushed the metal below US$347 per ounce. Bullion closed at $347.25/75 compared with its 348.30/80
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    • 322 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading, dealers said. They said the US Federal Reserve's direct injection of temporary reserves via over the weekend system repurchase agreements last Friday had little impact on the market. Short-dates were steady to around Vfc point
      322 words
    • 598 7  -  Sang Kancil is BT's financial futures trader. Each Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on Simex. The starting capital was 5525.000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL SANG KANCIL had a quiet week last
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    • 107 7 Reuter NEW ZEALAND will not limit the range of banking activities to be undertaken by new entrants to the sector under planned liberalised banking legislation. The Reserve Bank said yesterday that government policy freeing entry into banking would lead to a larger number
      Reuter  -  107 words
    • 410 7 Reuter KOREA AND INDONESIA, two major Asian borrowers on international capital markets, are planning fresh financing of up to US$l billion. Bankers in Hongkong said yesterday that the state-owned Korea Exchange Bank, KEB, was holding talks with banks on a syndicated loan of $500 million
      Reuter  -  410 words
  • Page 7 Advertisements
    • 25 7 Air India's EXECUTIVE CLASS Simply First Qass i'<# r«l i j- a i FisH^SPEC^ COLD DISH- mE HO SQ* MFV SAUCfc fgfg SEAFOOD NO PUI
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    • 219 7 Mace your deposits with the woridis leading bank. Itb as easy as ABC. A part of Singapore since 1902 For more than eighty years, Gtibank has been proud to bring you a wide range of banking services to meet your financial needs, including deposits in all major currencies and credit
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  • FEATURES
    • 491 8 STUDY NOW, PAY LATER is nothing unusual. Most students in Singapore are already enjoying such a scheme, even if they do not see it that way. Nearly all are beneficiaries of what is sometimes called "Daddy-O's scholarship". Parents, usually the father, pay for their children's education.
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    • 1167 8  -  Proposed Act will lay down broad guidelines on control Within the next two years, new legislation will replace the system of sellregulation practised by the Singapore International Monetary Exchange. The new laws will modelled along the US Commodity Exchange Act, reports SOH TIANG KENG.
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  • Page 8 Advertisements
    • 185 8 oii n a i MANAGING BUSINESS IN TIME OF IfTTrTITnTTT During the present period of difficult economic conditions throughout South-East Asia, many companies have cut back their training programs. However, the time might be appropriate to increase management competence, foster executive dynamism and seek innovative solutions to problems. The Euro-Asia
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    • 14 8 Air freight is faster Our coverage is better In BT every Friday. A\R IrEIGHT
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  • Page 8 Miscellaneous
    • 709 8 CRYPTIC PUZZLE ACROSS 3 Continually collects stray pekes (5) 8 What Holmes could have played, Lestrade concealed (5) 10 Peevish obout Roland? (5) 11 Cloth or paper (3) 12 Get in trouble with the police? (3, 2) 13 Mokes it dear that Des openly occepts punishment (7) 15 Such a
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  • SPORTS
    • 499 9  -  By WALTON MORAIS CHEN TZE-CHUNG, the Taiwanese golfer who led the first three rounds of the 1985 US Open before faltering in the final 18 holes, has entered to play in this year's Singapore Open golf championship. Tze-Chung's entry was received yesterday together with older brother
      499 words
    • 383 9 AP FUZZY ZOELLER of the US has a five-shot lead and a game-plan in mind going into yesterday's day-late finish of the ATAT Pebble Beach National Pro-Am in California. "I whipped Pebble Beach once (a 66 in Saturday's round), and IH go
      AP  -  383 words
    • 566 9  -  By JEFFREY TSANG JUMPING AND TUMBLING are all a part of the motocross and there was plenty of it on Sunday in the first round of the Castrol Motocross 1986. The 35 riders who took to the Singapore Motor Sports Club's newly upgraded
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    • 451 9 UPI SEVENTH-SEEDED American Tim Mayotte withdrew on Sunday from the final of the US Pro Indoor Tennis Championships against world No 1 Ivan Lendl because of a pulled stomach muscle. The top-seeded Czech was declared the winner at the title and
      UPI  -  451 words
    • 273 9 UPI THE NEW YORK Yacht Club enjoyed another taste of revenge over the Royal Perth Yacht Club on Sunday when America II scored a dramatic win in the final pre-world championship warm-up race for America's Cup yachts off Fremantle. Australia ZZ7, skippered by Colin Beashel,
      UPI  -  273 words
  • Page 9 Advertisements
    • 572 9 NOTICE IS HEREBY GIVEN that, I Poh Kim Kang of No. 63 Bournemouth Road Singapore 1543, have applied for a Retail Liquor Shop licence in respect of premises at M/s Poh Bian Hin Pte Ltd #01-01 Syed Alwi Road Singapore Courts, Havelock Road, Singapore on 11 March 1966 at 9.30
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  • Page 9 Miscellaneous
    • 1095 9 W (MD msm j P i m /M. S.v V r Young cadata light against tha cloaura of tha school TUESDAY PREMIERE Tape 10 JO pm, Channal 5 If you like Ordinary People, then you will have no problem remembering Timothy Hutton. Tonight, he plays a cadet in a military
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    • 64 9 Play golf the Sevvy way Some planers like to ha\je a long THUMB ON THE SHAFT AND SOME A SHORT THUMB BUT PWEFER TO BE \N BETWEEN. WHfXT \S IMPORTANT TO ME IS THAT THE LEFT THUMB SHOULD BE "SOUP" ON THE SHAFT. IT SHOULD NEN/ER BE LOOSE OR SLACK
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  • INTERNATIONAL COMPANY NEWS
    • 1030 10 More private investment houses are going public NYT WITHIN the last few months, private investment banks on Wall Street have been (ailing like dominoes. Such venerable firms as Bear, Stearns A Co, Alex Brown 6 Sons and L F Rothschild, Unterberg, Tow bin have all
      NYT  -  1,030 words
    • 675 10 UNCERTAINLY about proposed US tax law changes has dramatically slowed merger and acquisition activity in recent months. Investment bankers and tax experts in New York said yesterday that the number of deals spoiled by the proposed tax changes could not be estimated,
      675 words
    • 573 10 Reuter DEMERGER CORP, DMC, a new company, Is planning to make an offer (or Extel Group PLC, which the board of DMC considers to be valued at about £173 million or 400p per share. DMC currently holds 0,500 Extel ordinary shares
      Reuter  -  573 words
  • Page 10 Advertisements
    • 601 10 ax H X Wdett to wine, dla« and entertain P/ #r:2 May Good d" t Fortune TL and prosperity w be yours at ILFurama withour *ir YuSheng. 4\ Dine on our freshly f prepared Good Luck Raw Fish A and we're sure good fortune Wl\ and prosperity will be yours
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    • 121 10 Cafe de Princes delightful daily buffet luncheon reast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and ♦lO++ (child). CR§wn ®FRP£E HOTEL Continuing the rrtncc rtotets tradition of friendly service 270 Orchard Road. Singapore 0923. Telex: RS ***** MCROWM. Cable: CROwntlOTtL. ran: *****18. Telt 73J1111 Ample
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  • ASIAN STOCKS
    • 362 11 HONGKONG: Share prices closed steady yesterday on moderate short-covering after suffering a wave of speculative selling in late morning trade, brokers said. The Hang Seng Index finished 6.60 points higher at 1,702.38 after losing 2.38 in the morning session. Brokers said sentiment remained bearish due to concerns over the
      362 words
    • 189 11 re> 03 Ai Sincere Indus Ami Cement MT 2.17 26 10 -001 -0.1 Lien Hwa Indus Nan Ya Plas Pocific Corn Podfic Elect 13.55 32.90 unch 0 3 Calhoy Com 31 80 unch 082 002 Chang Hwa Bank 45 10 22.80 -04 0.2 Sharp 15.80 0.1 Oio Hrin Cement
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    • 396 11 TOKYO: Prices closed higher yesterday in active trading as speculation about a further cut in Japan's discount rate appeared in the market due to the yen's sharp appreciation against the dollar, dealers said. The market average rose 42.86 to 13,086.47 after a 19.31 rise last Saturday. Turnover was 430
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    • 59 11 FI1 03 fan Oriantal B Phlax B 0.01 0.1550 -0 003 0 005 0.001 unch 40 0009 ■0.0005'iTLL, i 12 025 PCMM 0001 unch 0003 inch San MigLMi B 19 75 0 25 106 ixch 0 0065 ♦***** CDCP 7 40 Firet PHI HMgt 1.80 -0 22 Sinaoo Con
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    • 359 11 SYDNEY: Australian share markets closed easier yesterday in mixed trading, with strong gains by industrial stocks offset by falls in the resources sector, brokers said. At the close, the All Ordinaries Index was off 2.5 points to 1072.9 but the All Industrials had gained 7.6 to a record close
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    • 81 11 1 1 FEB 03 Bonk S«oU Won 669 •1 Hyundai Corwt Hyundai Motor 1070 2060 695 70 130 -5 Chohoung Bk Commet cial Bk 618 672 511 -2 1 •13 Korea Frit .Yukona 690 1691 379 -9 76 .1 SIS -5 Lucky Ltd 832 -41 930 49 769 22
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    • 121 11 BANGKOK: The Securities Exchange of Thailand Index dipped 0.77 to 138.25 yesterday. Turnover amounted to 104,546 shares valued at 11.2 million baht. FH 03 Mm Starr, Ota an Siam Qty 74 -2 448 -2 Ayuthoyo bw. ♦4 .2 Sooth Ana Ftrt Bangkok Agro-M Bam Of Ayudhoyo Ltd B«f Juckar
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    • 65 11 Reuter C ITOH and Co of Japan will take 19 per cent of a joint petrochemical venture in Shanghai, with 51 per cent taken by Shanghai Petrochemical Complex and 30 per cent by China Merchant Industries. Capitalised at $1 million, the new company, Shanghai Jingshan
      Reuter  -  65 words
    • 149 11 AP TOYOTA GOSEI Co, a Japanese car parts maker owned mostly by Japan's largest carmaker, Toyota Motor Corp, is to build a plant in Perryville, Missouri, by April 1987 to produce parts for US carmakers. A spokesman, Isao Komeno, declined to identify the
      AP  -  149 words
    • 135 11 UPI HITACHI LTD has said that it will start manufacturing video tape-recorders in the US in June, the first Japanese electronic company to do so in America. A spokesman for the company said during the weekend that production would start at
      UPI  -  135 words
    • 172 11 Reuter CHINESE state agency China International Trust and Investment Corp (Citic) has begun detailed discussions on a proposed takeover of Ka Wah Bank Ltd. A spokesman (or East Asia Warburg Ltd, Ka Wah's financial adviser, said the talks were to finalise documentation (or
      Reuter  -  172 words
    • 174 11 AFP JAPAN ASIA AIRWAYS (JAA) has bowed to boycott pressure from patrons and agreed to replace its ageing fleet with new or newer aircraft by the end of this year. The president of Taiwan's Consumers' Foundation, Li Shen-Yi, yesterday said JAA had
      AFP  -  174 words
    • 159 11 AFP JAPANESE EQUITY investments in South Korea increased sharply last year to reach US$363 million, more than double the previous year's $164 million, said the Seoul Finance Ministry yesterday. Direct investments from the US totalled $109 million during the period, followed by Hongkong's $12.5
      AFP  -  159 words
  • Page 11 Advertisements
    • 474 11 Wtore to wlm 9 Mm eatertain ir CJ% For delightfuldinners with popular focal flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favouritejjhat will definitely get your appetite going. Buffet Dinner is at Ssl4.oo++ per person. The Luna Coffee House. We've got a variety
      474 words
    • 118 11 V PEKING 4 SICHUAN RESTAURANT Prosperity Li Sheng from 9/2 to 232 Chinese New Year Special Menu Symbol oil*»9»*9 Bon voyag* Hou*e« ti** Y—no* Abu»iJW THifourl W uwt*u»*r ,4*: 4 bottto of Hann—ty X.O. Brandy EE! for tvmry ratamd table. Co-sponsored by Riche Monde Pte Ltd For reserve! ton, please
      118 words

  • SHARE INFORMATION
    • 4073 12 AS INVESTORS continued to nibble at selective blue chips in anticipation of a stimulative Budget, the Singapore stock market gained further ground for the third consecutive trading session yesterday. This took the BT Composite Index to 526.01, up 6.98 points from last Friday,
      4,073 words
    • 248 12 SINGAPORE S 1 A tela UMM Nat Ira* DOS Sfin Lmi 0 C 8 C FAN U 0 1 cSTtL* Saa Laa trviRises us 525 221 464 217 705 600 330 434 10* 250 170 30« 20S 186 Falls 20 20 14 12 12 10 10 10
      248 words
    • 2451 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Slncapore yesterday with tbe 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".
      2,451 words
    • 103 12 CYCLE CARRIAGE Limited: 17th AGM at the Mandarin Court A, 4th Floor, Main Wing, Mandarin Hotel, 333 Orchard Road, Singapore 0923,today at noon. THE AYER MOLEK RUBBER COMPANY Berhad: 71st AGM at No 22 (Upper floor of No 20), Jalan Hang Jebat, ***** Malacca on Friday, Feb 7,
      103 words
    • 244 12 Monoocn ortcti ZTfTi MARA-Bun Frst B'putro ■BM MB iipuu 448 a 453 fflnpipflfi Unit Trust Second B'putro Th*d B'putro Fourth B'putro 420 345 425 350 The Commefc* 088 093 373 378 The Savings Fund 078 083 Fifth B'putro Sixth B'putro 239 2 44 S'porc Prog Fund 036 038
      244 words

  • COMPANY NEWS
    • 532 13  -  By RAMEBH CHANDIRAMANI HARRISONS Malaysian Plantations Bhd, the cash-rich com-modities-based group which recently saw a substantial block of shares changing hands, is planning to buy more estate land. The group has entered into a purchase agreement with Bedford Plantations Bhd to buy out the
      532 words
    • 191 13 DATUK KERAMAT Holdings Bhd has decided to postpone payment of its interim dividend of 23.5 cents a share which was to have been made yesterday. The dividend, which is for the year ended Jan 31, 1966, was announced on Sep 26, 1965. In a statement
      191 words
    • 496 13 THE FIRM TREND on the Kuala Lumpur stock market last Friday was short-lived as share prices lapsed back into an easier mood to close lower yesterday. Major gainers and selected stocks which were pushed up by "window dressing activities" last Friday bore the brunt
      496 words
    • 2165 13 TJiD and offer prices officially' listed and business In and re-; ported 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. a_ a e imatnats ,A Choc (1.856) Xd Attb
      2,165 words
    • 104 13 HONGKONG Friday 1601.7 Week ago Closed Hong Seng Index Monday 1702.38 Friday 1695 78 NEW YORK Week ago 1744.11 Dow Jones Friday 1570 99* TOKYO Thursday 1552 18 Week ago 1529 93 Nikkei Average Monday ***** 47 Friday ***** 30 Week ago *****.14 Standard Poors Friday 211.78 Thursday
      104 words
    • 135 13 IN REPLY to a Kuala Lumpur Stock Exchange query on the proposed acquisition of Protex Rubber Products Sdn Bhd, Daff Development said that it represented an extension of the company's policy of diversifying into property for the long term. The purchase is to be paid from internal funds
      135 words
    • 409 13  -  By LIM SOON NEO KEPPEL SHIPYARD'S industrial engineering division has won a $16 million MRTC contract for electrical and mechanical work for phase two from Westinghouse Brake and Signal Co Ltd of the United Kingdom. With the contract, which was signed last week, Keppel Shipyard
      409 words
    • 318 13 FULL-YEAR PROFITS at Malayan Cement Bhd have fallen again. The group's pre-tax earnings were slashed by more than a third to M 529.31 million for the year to end-November, 1985. However, turnover during the period improved 12.3 per cent to $224.08 million. Malayan
      318 words
    • 106 13 FIRST ALLIED Corporation Bhd has entered into an agreement to develop counter-trade, estimated to be worth US$2O million annually, with the Tianjin Economic Development Corporation (TEDC) of China. Complementing this countertrade agreement is another deal with a subsidiary of TEDC, International Trade Centre, to appoint
      106 words
    • LATEST
      • 54 13 Group pre-tax profit of MJ1.57 million (*2.62 million) on turnover of $11.38 million (*13.72 million) for the half year to end-October 1965. After-taxi profit of $804,000 ($1.35 million).; EPS is 4.7 cents (8.3 cents). An interim dividend of 3.25 cents per share (same) leas
        54 words
      • 45 13 Pre-tax earnings of M 5231,000 (1428,000) on sales of *257,000 ($470,000) for the first six months to end-December 1985. After-tax profit of $138,000 ($256,000) giving EPS of 0.24 cents (0.45 cents). An unchanged interim dividend of five cents has been declared.
        45 words
      • 69 13 Group profit before tax of M 53.31 million (*5.97 million) on turnover of $12.83 million ($16.71 million) for the year to end-August 1985. After-taxi profit of $1.41 million ($2.37 million). EPS (based on the number of shares in issue during the year) is two cents
        69 words
  • Page 13 Advertisements
    • 109 13 NEW ISSUE This announcement appears as a matter of record only. January, 1986 wlp National Bank of Hungary (Magyar Nemzeti Bank) (Incorporated in Hungary as a joint stock company with limited liability) U.S. $100,000,000 Floating Rate Notes Due 2001 ISSUE PRICE 100 PER CENT. Daiwa Singapore Limited BOT International (Singapore)
      109 words

  • 443 14  -  By FOO CHOY PENG Chief Reporter GU MU, the Chinese state councillor responsible for developing economic cooperation between Singapore and China, will arrive in Singapore soon after the Chinese New Year. An official from the Commercial Chinese Representative's office told BT yesterday that Mr
    443 words
  • 263 14 A DOUBLE TAXATION agreement signed yesterday by Singapore and Denmark is expected strongly to encourage trade between the two countries. The inclusion of mutual exemption of air transport profits by both sides was a great improvement on the previous agreement, said
    263 words
  • 419 14 Reuter MALAYSIA yesterday launched an ambitious plan to shake up its fledgling industries and put them on a competitive footing with other developing nations. Trade and Industry Minister Tengku Razaleigh Hamzah told a meeting of businessmen and reporters in Kuala Lumpur that the 22-volume
    Reuter  -  419 words
  • 119 14 Bernama SINGAPORE and Malaysia were among the Third World countries mentioned in a report on copyright piracy published by the Publishers Association and records and video industry producers in London yesterday. The report, which named Singapore as the "world capital of piracy", said illegal copying
    Bernama  -  119 words
  • 270 14 Reuter INDONESIA has agreed to new oil selling terms that will benefit foreign holders of production sharing-contract, said refiners in Tokyo yesterday. Refiners owning production shares in various Indonesian crudes were unable to make profits on their equity crude last year because they had
    Reuter  -  270 words
  • 90 14 Bernama UPI OPPOSITION presidential candidate Corazon Aquino yesterday pledged that, if elected, her government would revitalise the Philippines' relations with its Asean partners. She claimed in a speech in Manila that relations had "become almost moribund as a result of the duplicitous diplomacy of
    Bernama; UPI  -  90 words
  • 547 14  -  By LEE HAN SHIH Property Correspondent HOUSES and condominiums selling below $500,000 were the most popular targets of home buyers in Singapore last year, reports international property consultant Jones Lang Wootton. Commenting in its annual regional property review, Asian Property 1986, JLW said more
    547 words
  • 415 14 PETROL EXPORTS to Japan have provided Singapore's oil refineries with a shot in the arm at a time when the industry is anticipating one of the toughest years on record. Three major refining companies Shell, Mobil and Esso have reported petrol shipments
    415 words
  • 63 14 Reuter INTERNATIONAL Monetary Fund managing director Jacques de Larosiere yesterday said there appeared to be a new movement afoot to solve the complex problems facing the global economy. In a relatively optimistic assessment of the economic outlook, de Larosiere said a new debt initiative
    Reuter  -  63 words
  • 64 14 THE US stock market was pushing higher in active trading yesterday, improving on Friday's, record close. The Dow Jones industrial average, which gained 41 points for all of last week, was up four to 1575. Advances led declines by a three-two margin on a volume of 14
    64 words
  • LATE FILE
    • 56 14 AP IN A treatise on China's peaceful reunification offer to Taiwan, the Beijing Review said yesterday that the island could retain its capitalist system for at least 62 years. It ruled out as "impractical" the Taiwanese hope that communist China would one day adopt Taiwan's
      AP  -  56 words
    • 35 14 AFP TAIWANESE PREMIER Yu Kuo-Hwa said yesterday that Taipei would "definitely" reject any name change to remain a member of the Asian Development Bank, which China is to Join. AFP
      AFP  -  35 words
    • 50 14 Reuter SPROUTING tower blocks have made the Malaysian government freeze building permits as office space in Kuala Lumpur has already shot past fiie target for the year 2000. Federal Territory Minister Datuk Shahrir Abdul Samad said yesterday that the glut was due to land speculation. Reuter
      Reuter  -  50 words
    • 45 14 Reuter SOUTH-EAST ASIAN countries must take the initiative in solving the Cambodian conflict, said the president of the UN International Conference on Kampuchea. Leopold Gratz said in Jakarta yesterday that a solution "has to start with the states directly concerned".
      Reuter  -  45 words
    • 60 14 Reuter WINNIE MANDELA said yesterday that the South African government was not serious when it suggested that her hushsnri might be freed in exchange for a South African soldier captured in Angola. President PW Botha last week said he might free )atted black nationalist leader Nelson
      Reuter  -  60 words
  • Page 14 Advertisements
    • 193 14 MANAGEMENT aiTWMTS xiim March—April, 1986 1. Teleptone Techniques 4 Courtesies 2. Fnaoaal Analyse For Managers 3. Strategic Human Resource Plaonng 4 Tactics Techniques For Elective Sqxrvision 5. Tie Allen Management Seminar 6. Spoking far Success 7. how to Manage Coinplex Projects Using Critical Path Techniques 8. Creativity 4 Lateral Thinking
      193 words
    • 6 14 Business takss sscond ptocs, Pag* 4
      6 words
    • 217 14 HI •> 1 r 3 iJ»>: I^4 V-..'■■>■■■ I v lv ■.A v-: >:.f H D Q v D of YOU CAN BE SMALL Being small or medium in size does not always mean it is more difficult to obtain financing on attractive terms. Or to sell competitively. At least,
      217 words
  • Page 14 Miscellaneous
    • 58 14 WMm Outlook for todoy: Showors oror Mvtfol oroos in tho oft •moon and tody morning. Report for 24 hour* prior to 7 30pm on F«b 3 at the airport: Maximum temperature 30.6 Associated Humidity -65 Minimum temperature 2^5 Associated humidity M Hours of sunshine 5.45 Rainfall in millimetres 26.2 Romfoll
      58 words

  • SHIPPING TIMES
    • 140 15 THE Port of Singapore Authority will have to seek suitable solutions to cut operating and administrative costs in order to remain competitive, said its general manager Mr Wong Hung Khim. In a sober New Year message to the staff, Mr Wong noted that as
      140 words
    • 405 15  -  By JUNE LIM BY THE NEXT decade, close to 80 per cent of the general cargo via Singapore will be containerised as the concept catches on even in developing nations. The projection was reached by the Port of Singapore Authority on the basis of changes
      405 words
    • 232 15 UPI THE JAPANESE government has decided to subsidise a three-year programme to scrap excess vessels, including tankers, to help the Japanese shipping industry ease the impact of the protracted recession, the mass-circulation newspaper Yomiuri Shim bun said. The daily said about 1.9
      UPI  -  232 words
    • PORT SIDES
      • 128 15 Reuter FIVE JAPANESE and one South-east Asian Shipping Conferences said they will change their currency adjustment (actors, CAFs, in view of the yen's recent rise. The Japan/Europe and Japan/Gulf of Aden and Red Sea Ports Conferences are raising their CAFs to 32.5 per cent from 28.5 per
        Reuter  -  128 words
      • 84 15 Reuter MARINE TRANSPORT Lines Inc expects 1986 earnings to be less than 1965 earnings before ex-tra-ordinary items. The company reported 1985 earnings of US$2.9 million, before a gain of $1.78 million from early debt extinguishment but after income of $145 million from the early termination of charters
        Reuter  -  84 words
      • 93 15 Reuter TAIWAN'S state-owned China Shipbuilding Corp has beaten Japanese and South Korean competitors for an order to build two 14,000-dwt container vessels for a local line, a company spokesman said. He said the corporation signed a contract with privately-owned Cheng Lie Navigation Co Ltd for
        Reuter  -  93 words
      • 122 15 Reuter THE GREENPEACE Antarctic expedition was heading for New Zealand after giving up plans to dump equipment for a planned base camp because of impenetrable pack ice, the expedition director said. "We simply can't get in, it's unsafe to go in there with our vessel," Peter
        Reuter  -  122 words
    • 1156 16 THERE was scattered activity in several sectors of the London shipping freights market on Friday, especially in grain and time-chartering. In the grain sector, KSC arranged for mid-February loading of 52,000 tons at US$B.56 from the North Pacific to Japan and from the US Gulf to Hamburg MBK
      1,156 words
    • 301 16 Opecna THE NIGERIAN National Petroleum Corporation (NNPC) expects to save US$4 million annually In foreign exchange hiring costs from a 136,100tonne petroleum products storage tanker which it acquired from Sweden. The MT Tuma, which cost $6.2 million, replaces a 15-year-old vessel, the MT Merryland. It complements
      Opecna  -  301 words
    • 190 16 COLLAPSIBLE RACKS manufactured by Sea Containers are used to cater for the growing market in reconditioned trucks for New Zealand. The second-hand market for vehicles has grown following the imposition of a 55 per cent import tax for all vehicles. The 20-ft units,
      190 words
    • 159 16 UPI THE COAST Guard said engine problems forced the captain of a Polish cargo vessel to invoke international law and enter United States waters and the safety of Humboldt Bay. The 96-m Plock developed the engine problems off the northern California
      UPI  -  159 words
    • 630 16 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bolt-Canada Line VM 4/5 Bah-Onent Line VI 4/5 Bank Line V 5 B8S N 4/5 Ben Line Cont
      630 words
    • 137 16 Reuter THE MALTESE tanker TorilT. was hit by a missile and set on fire in the Gulf on Sunday while heading for Iran's Kharg Island oil terminal, Lloyd's Shipping Intelligence reported. Lloyd's said the 141,873-ton tanker was hit in the Port. Bunker when about
      Reuter  -  137 words
    • 187 17 A CONFERENCE AIMED at identifying measures to help change the bleak state of the world's shipping and shipbuilding industries will take place in London in April. Worldfleets 86 will focus on measures that should not be taken, measures currently being taken, measures that should
      187 words
    • 405 17 Lloyd s List AMERICAN PRESIDENT Lines is looking into the possibility of entering the Eu-rope-Far East market. The Oakland-based company, which has all its services concentrated in the Pacific Basin, confirmed that senior executives had been holding discussions with port officials in Europe. A
      Lloyd s List  -  405 words
    • 352 17 UPI THE BIGGEST BARGE flotilla of oil field production materials since construction began on Alaska's north slope is being prepared at six Washington and Oregon ports for shipment this summer, an Arco official said. Although the US$35O million project signals one of the
      UPI  -  352 words
    • 769 17 Fab 2-8 Marin tec Asia, maritime shipbuilding and navigation exhibition, Singapore. Fab 10-11 38th Annual Technical Conference of the Canadian Shipbuilding and Shiprepairing Association, Queen Elizabeth Hotel, Montreal, incorporating the first Canadian swphiriiHtng ft Offshore Exhibition. Feb 11 Lecture, "The work of Lloyd's Register of Shipping," by R
      769 words
    • 195 17 Fairplay THE PRIVATISATION of Swan Hunter Shipbuilders Ltd, previously a wholly-owned subsidiary of British Shipbuilders, has been completed. The management-led buyout was organised by Candover Investments PLC and backed by a number of major UK financial institutions. The company has altered dramatically over the past
      Fairplay  -  195 words
    • 788 19 AUSTRALIA Jan 2 Seensland Cairns, Mourilyan, pe Flattery, Townsville, Mackay, Hay Point, Dalrymple Bay, Abbot Point, Gladstone Working normally. Brisbane Berthing congestion at grain terminal. Labour available. New South Wales-Newcastle Coal: 2 vessels loading, 4 waiting, 21 due by end January. Grain: 1 vessel loading, 2 waiting, 2
      788 words
    • 184 19 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. ANNO (•TRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune
      184 words
    • 5016 22 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.
      5,016 words
    • 738 23 CONTAINER TERMINAL Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Voy date/time Operator cargo schedule Location Moj Sandved 8606 Pegasus Pr 415N Piya Bhum 22N Toyama 514 Wan Lie 601 Uni Promoter 020LA Jenknk 5/86 A Jayakarta ***** E Orient 004W
      738 words
    • 1693 23 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S). AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) MuJtiport Sdn Bhd (PK) American
      1,693 words
    • 599 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Altair K27 Cr Marine alongside 04.2.86/0600 Friendship K20 NAPL alongside 04.2.86/1500 Inabukwa K20 Pelni alongside 04.2.86/0600 Makmur K24E SSPL alongside 04.2.86/1500 Baiyinshan K35 PIL 04.2.86/1300 11.2.86/1830 Builder 3 K23 Thong Soon 04.2.86/0700 05.2.86/0700 Bunga Gelang K27 Leo
      599 words
    • 304 24 AFP THE continuing volatility of crude oil prices left the tanker market as restricted as the previous week. The dearth of enquiry in the Gulf states area resulted in a build up of unemployed vessels and a fall in rates for VLCCs operating from the area to their
      AFP  -  304 words
  • Page 15 Advertisements
    • 877 15 In Search of EXCELiM lAH'a- tu »w \nwhj fx'St i > A* 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 ORIENT OVERSEAS LINE IMOK SMWWG AGENCtS (let lb. 2*2*4/ OOK) 70
      877 words
    • 60 15 [lIMKDB THE NIGERIAN Notional Petroleum Corporation (NNPC) expects to sove US$4 million annually in foreign exchange hiring costs from a 136,100-tonne petroleum products tanker. P«g« II AMERICAN PRESIDENT Lines is looking into the possibility of entering Europe-FE market. Pag« 111 Index to advertisers II Shipping Schedules VIII London freights II
      60 words
    • 901 15 &0 FESCO LINES X, FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE P«nang Vmml Voy S* por« EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA 6 ASIA CT 10/2 2300 MB CFS 10/2 0700
      901 words

  • Page 16 Advertisements
    • 480 16 USA/CANADA V fmrp YAMASMITA-SHINNIHON LINE JLj JL Am JEs CONTAINER SERVICES Pacific South WMt Pacific North Waat Atlantic/Canada Faadar at Tokyo Faadar at Koba Faadar at Koba iMb« m la/lb ow bm»bl wt vcr no m« *sl nyorksav sjoh p. mm 8/3 11/3 hakoic a u/3 17/3 11/3 n nsrr
      480 words
    • 348 16 <<*\° K LINE KAWASAKI KISEN KAISHA, LTD. INDEPENDENT WEEKLY SERVICE FREMANTLE BRIDGE Vl9 SINGAPORE 19 Feb '86 PORT KELANG 20 Feb '86 PENANG 21 Feb '86 SINGAPORE 22 Feb '86 TOTAL SERVICE TOTAL COMMITMENT m m TOKYO 0 NAGOYA I^ Kobe Singapore Aqent KAWASAKI SINGAPORE (PTE) LTD 135. Cecil Street
      348 words

  • Page 17 Advertisements
    • 1031 17 The Straits Steamship Group PS Mansfield Container Shipping Pte Ltd rCONTAINCRSHIP SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited KOMOON MT an botukh FRANKFURT EXPRESS toko express S'pn FJMh| J'ta h tat M/ 2 24/2 11/2 12/2 02/3 22/2 2«/2 11/3 M/
      1,031 words
    • 511 17 Franco Belgian Services f&j t t r, h tf r.- (MFMBER OF ACE CONSORTIUM) h CHARGEURS HAVRAISE /iff pr y A/r »y;ir: vnrvii'r jur i MEB CLUB MEMBER) IrataM Hvmßh* Cotm Tiwrtt S>n IS 1m It 1« l!ki Sla 12 FA 74 tan 27 tm It tm 2 FA S
      511 words

  • Page 18 Advertisements
    • 681 18 Hapag-Lloyd TO CONTINENT, UK EXPORTS Vpmt PK«t»dStai 4/2 8/2 124/2 2t/2 2S/2 1/3 3/3 8/3 7/3 9/3 17/3 11/3 29/3 29/3 31/3 1/4 3/4 4/4 1/4 13/4 14/4 IC/4 21/4 22/4 24/4 27/4 21/4 31/4 8/5 7/5 J/5 13/5 14/5 18/5 11/2 13/2 I 2/3 4/3 22/2 24/2 1 13/3
      681 words
    • 1784 18 at Hai Sun Hup Co (Pte) l td TEL *****06 (20 Lines) TLX RS ***** fL RS ***** fc. l \s I I K\ \K I I\ I k III) Specialist in RO/RO Servici Accepting heavy-Sfts upto 80 K/Tons Sainf s from Japan V«u< sri KMtarrMM m nana mmu no
      1,784 words

  • Page 19 Advertisements
    • 252 19 AUSTASIA LINE AM) MERLION SHIPPING AGENCY BLUE STAR LINE I SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL FIJI COUMM STM ta P»t 12 F«b 14 F«b EVOUMZMT 19
      252 words
    • 81 19 \<t>< THONG SOON AHFNr.IFS PTE LTD. AGENCIES PTE. LTD. #09-07. Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Agents: Jakarta: P.T. Tresna
      81 words
    • 742 19 BENLINE CONTAINERS EXPRESS COMTAMER SERVICE TO UK/CONTMENT EXPRESS CO»TAMR SERVICE FROM UK/CONTVOT HAM BKHKNIIMM WW JIW MaANGSTCRE FOR INNlCvtnbM bM W faM SM 1/2 M. O. SM l« jsj 11/2 vm OaaaMa M SaM SjM SM UM It/2 RU. TI Ml KB W- J— 11/2 21/2 55." V 2 7/2
      742 words
    • 671 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINF STOKE TO JAK ARIA/SURABAYA C 3 i mm mm mm vim THMW MV V 01) BKi .ii. 1 WEST BOUND PRE LUNAR NEW YEAR LOADER lira IMAO 10MWR MMH/rOMtrMH GMM MMD Vl4-W 44/2/N 111/ l 13/3 14/1 11/3 WHAT tor-A-M 1 34/3/14 24/4/44 WV« M.SO
      671 words
    • 322 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Una) Loadh| for Ranfoon Spore PJtebnc N 10/14 Fob 11/17 Feb 14/16 Fflb 17/11 Feb •Obeharihi «#y BANK UNI SPORE R'DAM HULL HMBG 18 Feb 15 Mar 25 Mot 20 Mor J\HYU N D A I A MERCHANT MARINE BULK TIMBER AND
      322 words

  • Page 20 Advertisements
    • 1139 20 K LINE —KAWASAKI KISEN KAISHA, LTD. 1 ECUADOA/PEAU/CHILE feede* n motndi *a UTOfM r> AMAIM *7403 stow hug mc spobe nagoya quayaqui cauao nuca iququi afagasta s*m»«o *ur««so 5 Feb 7 Feb 5 Feb 11 Feb 7« Fat 27 Mai 30 Ma 5 Apt Iff 7 Api 10 Apr H
      1,139 words
    • 612 20 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P JMnj liner Vend S pore Heft Fraa Sr* Also Accepts "RAMMS" l(ht »Fak fM> Mar AM/Bk "RAVDAS" UFA n Fak (It* Altar AM/B* CHAHJOAJ 21 Fak IMa 17 Ma IS Ma Mal/Bfc I 22 Elk "RAMDRS" »Ma Apr IS Apr 11 AM/Bm
      612 words
    • 633 20 GOLDEN LINE GUM GUM) SHPPMG (TIE) LTD 23, M Ajrar Sfewt Mm IIM TO.: MUM (II IMS) STRAITS/PERSIAN GULF SERVICE: sp" COLDER rnnu Colombo R*jct» Must at Dubai GOIHN an Cotombo Karachi Dab* Bahrao 21/22 Fak 1/10 Mo CHMA OCEAN SHPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA it:Uu S#OT
      633 words
    • 374 20 INTRASEA PTE) LTD 10 Anson Road "27 16 lnte'n<ition,i P Smqapore 0207 Tel *****11 iK) Linesi <► BREAKBULK SERVICE TO EUROPE/UK j| PHILITRON SHIPPING AGENCIES PTE LTD TE l *****22 (8 L INES) TELEX RS ***** PHIII nokit ia t ra soma ITT 7/2. IS/t 11/2 1/1. 11/1 IV) 11/2
      374 words

  • Page 21 Advertisements
    • 797 21 NEP" NOL [UNE ORIENT LINES LTD Agents Spore NEPTIM AGENCfS PTE. LTD. Id Hi (Met Ttnwul OS BOOK ICS *****77 Fl EU/AUST TPA/SEA 27W77 *****22 *****53 OK D«CI l*S *****43 *****42 1 (W»u HMfOI MIA SON BHD 23t100 t Mint HARPER MRA SDN. BH> P lira HARPER MRA SDN. BHD
      797 words
    • 347 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON s eiwt NfPIIINI *GINCIIS Pit I II) !H ('B99' J 7854 i 4 (Bookings) ???7SIO *****?? Operation., t ????4A7 .'/'09?84 (Ifiirwijli '?n?4 .c ;'n?sn4 icis» Ml! A VMS •>.» Ml S KINAS SI ll* SDN RHO
      347 words
    • 730 21 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55, Market Street Smfapore 0104 Telephone ftanbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Hunters RS ***** RS ***** RS ***** P. KELANG POMNE M/S SHARKAT NAH SOW SOU M>. IST AND 2ND FLOOR. MESSRS HN THONG SWPMG 127 few.
      730 words
    • 103 21 f K S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE LTD. 37 Somerset Road #06-01 Ng Tec* Yhee Bldg S pore 0923 Tel 235 8444 (4 lines) P«w* kWjn|> Ji|.? Pin.t Shipping Sdn Bhrt I»i 31 4 P<>n.tn£ M.ilmu Ir.irte K transport ltd Mfil'Wi P.ni' (iuri.inf M.il.irsijn Shipping Affiinev
      103 words

  • Page 22 Advertisements
    • 402 22 hmH' REGIONAL CONTAINER LINES TO BANGKOK (3 WEEKLY SAILING Thu 053N I Thu 257* I Sal 06N Sun SEA FORTUNE PITA MM RATANA BHUM SEA FORTUNE HVAtHUM TO SOUTH THAILAND (FORTNIGHTLY) iiai l-'i HIT? i!'/i I r.W.'IT'M.'IEgJ riTTTTTIFMI I .'".l-n MALACCA STRAITS FEEDER SERVICE (WEEKLY) mw Abo Kceptxf LCI (trMstapm*
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  • Page 22 Miscellaneous
    • 154 22 I e. Regional Weather e3 u X I 4^ S^> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: b^' Wind direction with speed in knots Wave height R Thunderstorm Temperature «> c Tt Shower Weather —y Wind direction with speed in knots Rain >—/ Cloudy Sky W
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  • Page 23 Advertisements
    • 110 23 NSC JMSENCES K. LUMPUR P. KELANG POMN6 l P. GUOAN6 J. BAHAMJ LEOSHP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 TO EUROPE feedoi FAR EAST/EUROPE CONTAINER SERVICE FRO* EUROPE wt 11 'if. -TETTTTJ na rti rrracTTTTM 9 ii :n:: ETM 11 'iI'"<IPTTI ALSO ACCEPTMG FOB: AMTWRP, L HARK.
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    • 149 23 P M LINE CONVENTIONAL LINER SERVI JAPAN/STRAITS/JAPAN F* 5/5 f* 7/7 f* 17/17 own &w* fjw*« nmi ran SAU SK fA 5/t F«k 7/1 ran PWGKSS 541 Fat 17/11 ■rwi ran ua t s fa 5/5 fa 7/7 ran mogkss *s f* 17/17 C»fo *ccaptnl t» Siwg^fi Cargo w* accept
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    • 120 23 Scan Dutch V ■n* asgsr* zmrww TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL 1 PENANG I P KELANG I VESSEL I WMNK I 1) MARSEILLES j2) ROTTERDAM |3) LONDON j4) HAMBURG FEEDER VESSEL SINGAPORE JEDOAH a n Vat Ntcft/714 «M NMrt/Mt -I TO RED SEA-MEDITERRANEAN •7" T1 If V DD TO
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  • Page 24 Advertisements
    • 334 24 sir °s> v y//y MOL Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA ATLAS MARU NEDLLOYD MOJI APOLLO PEAK WEST AFRICA HIMALAYA MARU 6 Feb Mombasa. Daressalaam. Tanga Beira. Tamatave 15 Feb Mombasa. Daressalaam 25 Feb Port Louis. Reunion 10 Feb P. Notre, Note. Buchanan, Abidjan. Apapa, Tema AFRICA'S S
      334 words