The Business Times, 25 February 1986
1986-02-25
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The Business Times
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Title Section12 1986-02-25 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, FEBRUARY 15, IMC 75 CENTS12 words
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353 1986-02-25 1 HOMER CHEN - Stockbroker Lyall Evatt goes into receivership By HOMER CHEN THE PAN-ELECTRIC affair has claimed another stock market victim. Stockbroking firm Lyall A Evatt was put into receivership during the week-end, ending speculation that it would be put under the control of the Stock Exchange of Singapore. International accountants Peat, Marwick,353 words
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Article543 1986-02-25 1 LEE HAN SHIH, LISA LEE - Consultative Committee urges easier ownership rules for foreigners By LEE HAN SHIH, LISA LEE A REDUCTION in property tax from a base 23 per cent to 12 per cent, relaxed rules on ownership of property by foreigners and the setting up of a property543 words
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Article, Illustration300 1986-02-25 1 ALVIN TAY - By ALVIN TAY THE PROBLEMS now being tackled by Emporium Holdings have been caused by its subsidiaries and not its mainstream businesses. This is clear from the group's results for the 15 months to February 1965, which have just been released. The group300 words
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Article221 1986-02-25 1 EMPORIUM HOLDINGS plans to raise its share capital, phase out unprofitable outlets and subsidiaries and trim its operating costs. But possibly the only negative result of this otherwise positive restructuring exercise is that another retrenchment seems a certainty, say bankers. Yesterday, the group's board of221 words
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96 1986-02-25 1 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday that the election machinery of the United Malay National Organisation and parties of the Barisan Nasional was prepared for the possibility of a general election. He was speaking after looking into theBernama - 96 words
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Article, Illustration111 1986-02-25 1 SHAKE PRICES fell terwi Ibe beard la moderate trading la the lyi stock market yesterday as Investors became aerveas ever raaput talk ef breUag Arms gets* aader. The Straits Times lad astrial Index lest B.M petats te IS 1.88 wldle the BT Cempesite Index fell 1 pelats te111 words
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463 1986-02-25 1 AMERICAN OFFICIALS from the US Department of Commerce will be In Singapore this week or early next month to meet local officials for a third attempt to conclude a new bilateral agreement on textiles. But these talks appear likely to continue463 words
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249 1986-02-25 1 AFTER the support operation mounted by the Monetary Authority of Singapore on Friday, the Singapore dollar drifted downwards in nervous trading yesterday to close at 2.1450. Last week's MAS intervention sent local dollars from 2.1605 to 2.1260 to US$l at one stage.249 words
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322 1986-02-25 1 Reuter CHINA'S Customs Department yesterday announced a record trade deficit of US$l4 billion for 1965, almost double the figure issued last month by the Foreign Trade Ministry. Both figures represent an enormous increase on the 1964 deficit, put at $1.1 billion by theReuter - 322 words
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Page 1 Advertisements
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Advertisement92 1986-02-25 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM LOT Hi-Tecpninf Vs NEW Liquid System Transparent window lets you see how much ink you've used up. The jumbo ink tank-holds ink to write for more than 2 kilometres, twice the mileage of ordinary pens. There is no drying up, even if the HiTecpoint92 words
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Advertisement233 1986-02-25 1 Venture with QAF to continue, Page 15 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV RADIO OUR VIEW HARD-LINE BANKERS and inflexible government officials often create unnecessary problems for small businessmen. The Small Enterprise Bureau has to change the attitude of these people, or risk acquiring a233 words
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Advertisement4 1986-02-25 1 Parliament Raports Back Paga :<*:*;%!"$;*)~&>:|-|>='~/^,`'+|4 words
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Advertisement160 1986-02-25 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Hongkongßank's double benefit o m 7*l 1* *1-* ">/ Hongkongßank <!► MasterCards Hongkongßank VISA and Hongkongßank MasterCard Hongkongßank offers both these credit cards for the cost of one. That's value! And both can be used in our ETC machines. That's convenience! Two cards at160 words
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HOME NEWS
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116 1986-02-25 2 COMPANIES in Singapore have been invited to set up joint ventures in Hungary to process and package food products for export to the South-east Asian market. Also, local partners are being sought for storage facilities in Singapore in an attempt to secure a distribution116 words
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353 1986-02-25 2 CHUANG PECK MING - By CHUANG PECK MING AT LEAST $15 million will have to be raised by the liquidators of Vosper Pte Ltd from sales of the shipbuilder's assets before it can clear its debts including salaries for about 275 employees. Claims from creditors and employees353 words
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439 1986-02-25 2 GOH YEE LING - By GOH YEE LING AN EXPECTED JUMP in demand for places in junior colleges will mean around 480 students being taught in temporary classrooms. By June, four junior colleges will be extended using lightweight prefabricated structures to be used as classrooms. They are439 words
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Article352 1986-02-25 2 THE EXPECTED LAUNCH of United Airline's bid for a large share of the Pacific market was confirmed in Singapore yesterday, and its plans could bring a boost to local tourism. The airline, which took over PanAm's routes on Feb 11, is aiming to double the352 words
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Article80 1986-02-25 2 BESIDES flying passengers into the Pacific Basin, United Airlines plans to develop a twoway traffic in culture between Singapore and Denver. The "Royal Pacific Cultural Exchange" is in cooperation with Sister Cities International (SCI) on the occasion of the air- line's expansion of its Royal80 words
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Article155 1986-02-25 2 A REVISION of the Air Services Agreement (ASA) between Singapore and Canada will be the subject of talks between officials of the two countries next month. The talks will take place in Canada from March 17 to 19. Leading the Singapore party will be the director-general155 words
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449 1986-02-25 3 ELAINE KOH - By ELAINE KOH PRICES OF UNITS in the Katong Park Development have been slashed by as much as 40 per cent from the level at which they were first marketed in 1984. And hard bargaining could reduce them further. The latests cuts449 words
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Article, Illustration162 1986-02-25 3 NIKON, one of Japan's top camera manufacturers, last week launched a new auto-focus single-lens-reflex (SLR). The new Nikon, the F-501, is fully automatic and comes with a new series of Nikon lenses. Prices are not yet firm but are likely to be $750 for162 words
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235 1986-02-25 3 BUSINESS arrangements with local companies are always reliable, said the president of the Swedish Trade Council, Bo Hampus Israelsson, in Stockholm recently. Addressing about 70 Swedish businessmen at a seminar on Singapore: An International Business Centre, Mr Israelsson said: "For many years, Swedish officials235 words
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202 1986-02-25 3 A WOOD preservative manufactured in Singapore since last April has received the endorsement of the Singapore Institute of Standards and Industrial Research (Sisir). Laporte Industries (S), a subsidiary of a British company, makes the Copper/Chrome/ Arsenic (CCA) wood preservative, brand named "Permawood," at a202 words
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251 1986-02-25 3 TURKEY offers potential for the Singapore construction industry over the next few years. The Turkish government is keen to implement redevelopment projects, as well as to bolster infrastructure, transportation, public housing and general services. The government of Turkey recently signed a Memorandum of251 words
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Article60 1986-02-25 3 LOCAL FRUIT will be featured on new postage stamps which will go on sale at all post offices from tomorrow. Presentation packs for the stamp issue at 12.40 each will also be available. First-day covers, priced at 10 cents each, are available at all post offices. Pre-cancelled first60 words
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483 1986-02-25 3 BOEY KIT YIN - By BOEY KIT YIN DOMESTIC EXPORTS, a barometer of the manufacturing sector, slipped 0.5 per cent to $32.9 billion last year after providing much of the growth in total exports in 1964. Latest figures from the Department of Statistics, key indicators for the December483 words
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359 1986-02-25 3 THE GOVERNMENT will adopt a new correspondence system for its ministries and departments from April 1, a change which will increase speed and efficiency in the delivery of its mail. The new system would also facilitate the automated handling of government mail by Telecoms,359 words
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132 1986-02-25 3 THE CASHLESS CAMPAIGN will move yet another step forward on March 6 this time at the schools. That day, a pilot Giro scheme will be launched for the collection of school and miscellaneous fees at eight primary schools. Not only do pupils of these132 words
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Page 2 Advertisements
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Advertisement959 1986-02-25 2 RUBBERPLAS SPONSORED BVTH '86 PLASTICS CONFERENCE HE PLASTICS RUBBER INSTITUTE (S'PORI SK HON MARCH 12- U, l l )8(), SINC.APORI March 12, 1986 Welcome speech by Dr. S.H. Teoh, Vice Chairman of Plastics Rubber Institute Singapore Speech and Official Opening on Conference PLASTIC SESSION P.l March 12,1986 1 "Arbitration the959 words
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Advertisement12 1986-02-25 2 5 Parte VSew Singapore 11 Cavrnagh R.v»d. Singapore i»22. Rt'q:'- Tf (112 words
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Page 3 Advertisements
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Advertisement169 1986-02-25 3 Finally. A free flight plan that makes it easy to fly free, Join the people who know v 'f-i How easy is it? Just take 3 round trips to San Francisco from Kuala Lumpur in Executive Class, for example, and your next trip to the States* is completely on us.169 words
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OVERSEAS
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492 1986-02-25 4 AFP INDUSTRY IN THE European Community has since 1983 entered a new dynamic period after a depression lasting more than 10 years, but it is less competitive than industry in the US and Japan, and recovery has not been strong enough to absorb unemployment.AFP - 492 words
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Article279 1986-02-25 4 Reuter BRITISH industry's output expectations have bounced back from their depressed level in January due to cheaper sterling and lower oil prices. The Confederation of British Industries' (CBI) latest monthly trends enquiry, based on a sample of 1,738 companies, showed that 34 per cent of companiesReuter - 279 words
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122 1986-02-25 4 Reuter MOST BRITISH believe that the US is at least as great a threat to world peace as the Soviet Union, according to an opinion poll published on Sunday. The poll in The Sunday Times showed that 20 per cent of thoseReuter - 122 words
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310 1986-02-25 4 NYT ORDERS for American-made machine tools increased 7.8 per cent in January compared with December's level, according to a report by the US National Machine Tool Builders Association. Year to year, however, January's total is down 10.8 per cent the seventh consecutive month inNYT - 310 words
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451 1986-02-25 4 AP COMPUTERS are getting better at translating documents from one language to another, but the smart machines still turn dumb when it comes to unusual words or double meanings. Business and government representatives at a machine translation seminar say computers can now successfully grindAP - 451 words
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156 1986-02-25 4 AFP NIGERIA will discharge its external debt obligations, but not at the cost of economic disruption. In an interview with the Financial Times of London published yesterday, President Ibrahim Babangida discussed a broad range of issues facing Africa's mostAFP - 156 words
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Article821 1986-02-25 4 ARRIVALS operator Service Local From number time PAA PA21/5 0155 LAX/TYO/HKG CAL CI34I 0255 TPE CAL CI337 0255 TPE sv SV389 0445 JED/RUH UTA UT5489 0450 NOU MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN821 words
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Article, Illustration579 1986-02-25 5 Washington warns Marcos against using force UPI Reuter LEADERS OF THE uprising in the Philippine armed forces yesterday claimed a "successful people's revolution" and announced the formation of a provisional government headed by Corazon Aquino. Dissident forces moving to consolidate control destroyed five helicopters onUPI; Reuter - 579 words
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448 1986-02-25 5 Reuter HONGKONG IS EXPECTED to have a balanced budget in the 1966/87 fiscal year beginning April 1 following four consecutive years of deficit, with slight rises in government spending. Economists said that the budget, to be announced by Financial Secretary John Bremridge tomorrow, mayReuter - 448 words
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358 1986-02-25 5 AFP INDONESIA can expect to reap the benefits this year of its investments in agriculture, a sector which will power the country's economy for the second straight year, according to a US embassy study released yesterday. With oil revenue slipping and industry suffering fromAFP - 358 words
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Article159 1986-02-25 5 AFP BURMA'S leaders have called for more discipline in the country, attacking a wide range of abuses ranging from black market profiteering to break dancing. Observers said the calls for more discipline carried recently in the official media were aimed at tightening the government's control overAFP - 159 words
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Article218 1986-02-25 5 NYT PRIME MINISTER Rajiv Gandhi, who has enjoyed nearly universal praise for his political skills, has run into an unusual storm of criticism over several recent steps. Mr Gandhi's aides are now saying that the premier's honeymoon with the press and his political opposition,NYT - 218 words
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Article76 1986-02-25 5 AFP CHINA is simplifying internal entry procedures to two special economic zones bordering Hongkong and Macau, while planning to firm up control of the international border. The official China News Service said yesterday that more local authority offices would be able to issue permits for ChineseAFP - 76 words
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Article104 1986-02-25 5 AFP MALAYSIA expects a growth rate of 3 per cent this year, down from an earlier projection of 5.2 per cent. Deputy Finance Minister Sabbaruddin Chik said in Ipoh on Sunday that the continuing economic slowdown and instability of primary commodity prices had forced the FinanceAFP - 104 words
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Article71 1986-02-25 5 Bernama THE MALAYSIAN Information Ministry will announce the successful applicants to operate private radio stations in May. Information Minister Datuk Rais Yatim said yesterday that the ministry had received 12 applications from interested parties. The conditions on the running of the radio stations included thatBernama - 71 words
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Page 4 Advertisements
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Advertisement12 1986-02-25 4 First Come. BRITISH C,**ssa First Served British Airways The worlds favourite airline,12 words
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Page 5 Advertisements
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Advertisement14 1986-02-25 5 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS v Simply First Class Where You Are The Maharajah.14 words
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Advertisement50 1986-02-25 5 5 days to advertise. Five days are all you have left to book an ad in the July 1986 Yellow Pages. That's one working week to book an ad that works all year. Grab a phone and advertise today. Do it now while you remember. yellow pages Call 296 808050 words
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Page 5 Miscellaneous
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Miscellaneous57 1986-02-25 5 Doonesbury ÜBUma. I'M CPAPRE KEVERENP SLOAN, SLQMUJEI AHPThtStSTHE 60MESM \m&Hsacnm vcasa V m V m —4_> (TRANSLA urnezusrf. so tion is S&tORJESdS GARZA tSHELPNOMEOUT V BY GARRY TRUDEAU HRST, A LITTLE HIS- fCASA TORf OF IHS HOUSE, wjvn&J WITH WHICH I HAVE TtXBS Been associate? zjZua FOR 15 YEARS. crovi57 words
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BANKING AND FINANCE
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661 1986-02-25 6 DAVID GABRIEL - A y A return exceeding 60pc so far 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 SANG661 words
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Article305 1986-02-25 6 Reuter THE PRESIDENT of the InterAmerican Development Bank, Mr Antonio Ortiz Mena, said cash-starved Mexico is in critical need of an international rescue package because of the precipitous drop in oil prices. He said Mexican officials are in the midst of an economic review ofReuter - 305 words
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310 1986-02-25 6 Reuter THE STAGE is set for further strong gains in long-term US government securities prices this week, with spot oil prices already at their lowest levels since 1978 and seemingly headed lower, economists said. "For the bond market, oil prices are more importantReuter - 310 words
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448 1986-02-25 6 AMY BALAN - By AMY BALAN INTERNATIONAL insurance broker Minet (Singapore) Pte Ltd plans to go against market trend by inverting $3 million in the Republic during the next three years. While several of its competitors are cutting down the size of their Singapore operations, Minet has448 words
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229 1986-02-25 6 Reuter THE DRAMATIC FALL in oil prices over the past few weeks has made a realignment of the European Monetary System this spring far from certain. Speaking to the Royal Belgian Society of Political Economy, Roland Leuschel an economic adviser toReuter - 229 words
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Article116 1986-02-25 6 OVERSEAS Union Bank will open its wholly-owned merchant banking subsidiary in Sydney, Australia, on March 3. The new merchant bank, OUB Australia, was incorporated on Dec 3 with an authorised capital of Asso million. The issued capital is AHO million with Aft million116 words
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Article, Illustration880 1986-02-25 7 JAKARTA: The US dollar was fixed at $1126.50/1130.00 yesterday. HONGKONG: THE US dollar ended lower against most currencies, except the yen, in moderately active trading in Asia, dealers said. They said position squaring sales added light pressure on the dollar but a statement by Japan's Prime Minister Yasuhiro880 words
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Article324 1986-02-25 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady around last Friday's levels in quiet trading, dealers said. They said uncertainty over the direction of interest rates after last week's conflicting statements by US monetary officials kept most operators on the sidelines. A 0.1 per cent decline in US January324 words
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Article420 1986-02-25 7 BA Futures JUNE Earsdellar yesterday opened at 92.16, sharply higher than Friday's close in response to weaker US economic data and post futures cash market gains in US treasury bonds on lower oil prices. However, the market remained within a tight range of 92.17 and 92.15 in the JuneBA Futures - 420 words
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Article73 1986-02-25 7 THE OVERNIGHT rate on the Singapore interbank money market plunged niiM» points from Friday to close at per cent yesterday. The one-month term rate (ell by four points, the two-month rate (ell by 3Vi points while the threemonth fell by 2Vfc points. S$ Interbank rotes at 7pm yesterday:73 words
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192 1986-02-25 7 Reuter WESTERN banks have set a 12-month deadline for South Africa to announce and implement reforms as a condition for renewing existing loans, the country's debt negotiator, Mr Fritz Leutwiler, said in a television interview yesterday. "The banks continue using pressure. If theReuter - 192 words
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347 1986-02-25 7 Reuter ARGENTINIAN Foreign Minister Dante Caputo would like to organise a summit of Latin American heads of state on the debt problem this year. The aim is not to organise a debtors' cartel, but to establish a joint strategy towards what is seenReuter - 347 words
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200 1986-02-25 7 Reuter VENEZUELA will implement its debt rescheduling accord with foreign banks, but its ability to pay is closely linked to oil income and it will not allow its population's basic needs to be compromised. Finance Minister Manuel Azpurua said: "TheseReuter - 200 words
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Page 6 Advertisements
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Advertisement222 1986-02-25 6 Introducing Debt Manager The Latest Micro World™ Service from Bank of America. I r .'3.^' At last, a surprisingly simple solution to debt management. With the introduction of MicroWorid Services, Bank of America led the way with the next generation of electronic banking. Now there's Debt Manager, the latest in222 words
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Page 7 Advertisements
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Advertisement205 1986-02-25 7 we put our hearts and minds into our designs, one thing leads to another a Tl B—ifH The Martela InTeam Office "it's the ideal thinking place. In 1945 when we set out to design a workstation for people to feel and perform efficiently, we put layout efficiency, ergonomics and comfort205 words
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Advertisement120 1986-02-25 7 This man knows the secrets of the Great Chefs of the World. Richard Schnyder, British Airways, London. He'll share them with you at the Marco Polo Restaurant from February 21 to 28. Thanks to the British Airways "Great Chefs of the World" Programme, you can let your gastronomic fantasies fly.120 words
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FEATURES
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Article482 1986-02-25 8 SHORT-SIGHTED BANKERS had asked a spectacles maker to repay a $1 million loan within five weeks. Officers of the government's newlyestablished Small Enterprise Bureau helped the bankers to see things in a different light. Now, the spectacles maker has been given five years to pay up.482 words
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Article1560 1986-02-25 8 ZHOU MEI - ECONOMIC COMMITTEE REPORT ■^directions\2> Entrepreneurs complain about public sector's intolerance The package of incentives held out by the Economic Committee is expected to boost business morale and help sustain existing businesses. But is it likely to create the kind of environment that would1,560 words
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Page 8 Advertisements
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Advertisement375 1986-02-25 8 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Hongkongßank's Hexagon corporate electronic banking system. It's a state-of-the-art system for six vital reasons. 1. Hexagon is powerful. The system offers wide-ranging services, from reporting simple account balances to up-to-the-minute foreign exchange rates. Hexagon communicates through the375 words
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Advertisement0 1986-02-25 8 >,&'{.\.&&!+).!]|[!(*(&`,?[]*({0 words
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Page 8 Miscellaneous
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Miscellaneous53 1986-02-25 8 BnStd^iJ^anlLDictenS I'm OH CLOUD NiNe BE\S> t O^ —I'M IS invoice. r .eo^cO, Twe GoßGeous mss PfceTTY OF KL££hiP*PHONe IN TH£ SuiLDiN G 7W\S>TO>i—Tl P.ND UJMhT'S moße sne-LL BC [K ordm 3ool Heße P>NY v »H\b ukd^.... talking kt me DON'T HePte R UXDRD THey'Re Ai>iC€RNiNGT /u>OULO Vou LCfrei'. f53 words
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SPORTS
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Article318 1986-02-25 9 Reuter TWO DAZZLING EAGLES in five holes catapulted American Mark O'Meara from near-disas-ter to victory in the Australian Masters Golf Tournament on Sunday. O'Meara finished eight-un-der-par on 284 after a final level par round of 73, which had seen him turn in 40 after aReuter - 318 words
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Article80 1986-02-25 9 Reuter GORDON BRAND SENIOR completed a West African golf double on Sunday when he shot a final round 69 for a 15-under-par 273 total and victory in the Ivory Coast open championship. The British Ryder Cup player, who collected a U5523,000 first prize for winningReuter - 80 words
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411 1986-02-25 9 AFP DEVASTATING fast bowling swept the West Indies to victory by 10 wickets over England an hour before the end of the third day of the first cricket test of the five-match series in Kingston, Jamaica, on Sunday. England, routed for 159 inAFP - 411 words
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Article456 1986-02-25 9 WALTON MORAIS - By WALTON MORAIS CONTRARY TO expectations, Taiwan is fielding an experienced side for its Davis Cup Eastern Zone first round tie against Singapore from March 7-9 at the Singapore Tennis Centre. In the three-man squad, the Taiwanese have named two "seasoned campaigners" who have been ranked456 words
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570 1986-02-25 9 NYT AS FAR AS ideas go for enriching the campaign coffers of America's Cup syndicates, a plan proposed recently by Philip Morris Inc appeared to be the most lucrative. At stake was more than US$4 million, to be divided among the six UnitedNYT - 570 words
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Page 9 Advertisements
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Advertisement203 1986-02-25 9 Since 1967 Ammonia manufacture Malaysia Since 1976 Prod lienor, ot high punty Solvents Singapore Since 1961 Performance Chemicals Technology Centre in Singapore now serving Asia Rscihc Our experience is only matched by our resources and facilities. Experience is only valuable if you learn from it. Over the last six decades203 words
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Page 9 Miscellaneous
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Miscellaneous1485 1986-02-25 9 w sm mm j MM Brooks, tho many faceted genius who acts, producas and directs the psycho-comedy, shares a moment to be enshrined with Madeline Kahn. TUESDAY PREMIERE High Anxiety 10.30 pm, Channel 5 One of the best films made by Mel Brooks, master of spoofs. This time, Hitchcock is1,485 words
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Miscellaneous757 1986-02-25 9 Play golf the Sevvy way THE STEEP POWNHILL. HE CAN BE A DISCOURAGING SHOT —WITH THIS ONE IT WILL BE NECtSSARN TO hAAKE SOME CHANGES TO NOUR SWING. THE BALL SHOULP BE PLANEP FROM THE WIDPUE OF OF THE STANCE ANP THE WEIGHT SHOULP FAVOUR THE LEFT S)PE. BREAK THE757 words
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INTERNATIONAL COMPANY NEWS
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416 1986-02-25 10 AP EASTERN AIRLINES, facing a shutdown threat from creditors demanding labour concessions, reached a tentative settlement with its pilots hours before a reported deadline to respond to a buyout offer, said union officials. The agreement on Sunday night came after more thanAP - 416 words
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937 1986-02-25 10 NYT THE FIRST INKLING Mrs Angelo Gory had that Leslie Roberts, her great-nephew, was a conniver was when she found out that his straight-As college report card was false. She said he had actually dropped out of college a semester earlier. Last week, federalNYT - 937 words
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Article, Illustration453 1986-02-25 10 NYT HEWLETT-PACKARD'S new Spectrum computers, scheduled to be introduced today, appear to be somewhat Caster than was expected, and could help the company recover lost momentum in the highly competitive minicomputer market. Analysts and sources familiar with the products said, bowever,NYT - 453 words
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Page 10 Advertisements
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Advertisement543 1986-02-25 10 WBiere id wiae, iiae #«ui ssMla It could only happen at Hotel Miramar... ...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 $3.00* (except premium brands) served daily from 4pm to 7.30pm. Delicious natural543 words
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Advertisement155 1986-02-25 10 .the most delightful buffet luncheon spread in town OtahL aeOap. sNo*. superb, magntflque. wunOerbat We've run out or space to describe our buffet spread. So good, youll want to eat all. But If you can't stomach everything at one go. you may come back again the next day and the155 words
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ASIAN STOCKS
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Article488 1986-02-25 11 SYDNEY: Australian share markets closed firmer yesterday on bullish sentiment carried over from last week and with positive news from abroad, brokers said. At the close of trading the All Ordinaries Index had risen 4.9 points to 1,061.4, the All Industrials Index gained 8.2 to a record high of488 words
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Article249 1986-02-25 11 FEI U Assoc kid Hot*) Bonk Of East Asm HK$ 093N 25 00 unch -0 1 Jordine Sec Ka Woh Bonk KMB Lane Crawford 1440 -04 susp 10 00 unch 13 2CN unch 16 20 -0.1 -0 1 0 005 unch 001 New Town 1 73 Cross Harb T249 words
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Article214 1986-02-25 11 FEB 24 MT 260 0 03 Lien Hwa Indus Nan Y a Plas 1480 34 40 20 60 -0.1 03 Asia Cement 25 60 31 70 -08 -03 Pacific Elect Wire 1550 -03 5) 50 +1 Poofcmg Puper 1 13 007 23 60 0 6 1620 -0.4 25 00214 words
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Article421 1986-02-25 11 TOKYO: The market average yesterday surged 70.28 in moderately active trading to close at a record high of 13,503.49, surpassing the previous high of 13,477.49 set on Feb 17. Turnover was 400 million shares against 270 million in Saturday's half-day trade, when the market rose 38.90. Constructions, properties, railways421 words
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Article71 1986-02-25 11 Reuter BELL CANADA Enterprises Inc has signed an agreement to offer publicly five million of its shares in Japan. Nomura Securities Co in Tokyo yesterday said that the issue price will be C 538,362 each, putting the total price of shares to be soldReuter - 71 words
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268 1986-02-25 11 AFP PHILIPS and Sony, who Jointly developed the compact digital audio disc in 1960, yesterday said they plan new uses for it in recording speech, pictures and computer data. They have patents for the compact disc and now intend to apply forAFP - 268 words
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243 1986-02-25 11 AP THE SWEDISH Space Corp has signed a letter of intent to become the first customer to take advantage of China's offer to provide a satellite-launching service. The official Beijing Review reported yesterday that the US$4million project was agreed to on JanAP - 243 words
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295 1986-02-25 11 AP THREE leading Japanese semiconductor makers have announced the development of advanced semiconductors for use in faster and more efficient computers. Hitachi Ltd announced last Thursday that it had succeeded in developing the world's fastest Josephson Junction chip for possible use inAP - 295 words
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Article153 1986-02-25 11 UPI THE Taiwanese Ministry of Economic Affairs has approved a proposal by Toyota Motor Corp of Japan for a Joint venture with a local company to produce passenger cars in Taiwan, including some for export. The ministry said the Joint venture proposed between Toyota and KuojuiUPI - 153 words
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Page 11 Advertisements
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Advertisement563 1986-02-25 11 <SMI S? m K I I IS ifif The start of an experience so authentic yet unique. Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA*MANI -INDONESIAN RESTAURANT- v > We've brought back our popular Asean Buffet. Still only $12"'! Enjoy the exotic cuisine563 words
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Advertisement94 1986-02-25 11 I' M. Savoury Delights Await Yoa At m available daring lunch! m M t Eat all that you want! Delicious, amazing variety of DianXin ONLY $9.9o"per person. < Lunch 12 noon 2.30 pm daily. All DIAN XIN items arc All DIAN XIN items are prepared by our e: Hong Kong94 words
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RAW MATERIALS
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Article, Illustration465 1986-02-25 12 Reuter PROSPECTS of a breakthrough in talks between the world's leading cocoa producing and consuming nations on a new accord to stabilise the depressed world cocoa market looks bleak, delegate sources in Geneva said. They said an end to the deadlock was possible but appearedReuter - 465 words
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Article394 1986-02-25 12 UPI CROP PROBLEMS in South America will mean higher coffee prices but could provide the perfect opportunity for coffee drinkers to cut down on the habit, a university food researcher says. The full effect of the crop problems has not been felt yetUPI - 394 words
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Article69 1986-02-25 12 ■*3!]fT? FOB NSW 655 00 Nutmeg 110 FOB NSW 744.00 E&W FOB NSW 661.00 Gombier FOB NSW 330 00 London Commodity Exchange Stiitfs' doling pri cet on Feb 21 (US$/lon$ tonne pom, unless otkn CIF European rise stated) Pepper (Sarawak) Foq. spot 6650 White foq, afloat 6650 White69 words
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194 1986-02-25 12 AFP TRINIDAD'S sugar Industry is heading for collapse as a result of industrial action taken by sugar workers at the height of harvesting operations. Mr Russell Wotherspoon, the general manager of the state-owned Caroni Limited, the country's largest sugar manufacturer, was commenting on aAFP - 194 words
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Article193 1986-02-25 12 Reuter EUROPEAN COMMUNITY (EC) 1985/96 sugar production from beet and overseas departments cane is forecast at 12.72 million tonnes whites value by broker C Czarnikow in its February review. This compares with its December estimate at 125 million tonnes and would now take totalReuter - 193 words
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Article103 1986-02-25 12 THE KUALA LUMPUB Tti Market yesterday nee II eeats te eieee at M52t.46 per Idle, la (airly this tradlag. The rise was attrlbated te scattered leeal baylag aad small Japaaeee 2*^wwetog^sftorJTC detaUed'n» eae prepesal fer the tta market. A smaller «1 teaaes sf feriag, malaly eeatrlbated by leeal103 words
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Article86 1986-02-25 12 Reuter A CANADIAN company mining (or nickel in Soroako, South Sulawesi, Indonesia, yesterday said it would halt operations for six weeks starting June 2 "to avoid any Increase in inventory levels". PT Inco Indonesia, a subsidiary of Inco Ltd of Toronto, the world's largest nickelReuter - 86 words
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597 1986-02-25 12 AFP A SOLUTION to the four-month-old crisis on the world tin market seemed within the grasp of the debt-ridden International Tin Council (ITC) and its creditors, provided both sides are able to give formal approval to "take it or leave it" proposals nowAFP - 597 words
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133 1986-02-25 12 AP SOUTH KOREA has informed Japan of its decision to extend voluntary restraints on Korean cotton yarn exports to Japan for one year until April 1987, the Spinners and Weavers Association of Korea reported yesterday. It said Korea will limit itsAP - 133 words
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194 1986-02-25 12 Reuter INDONESIA'S production at grain and oilseeds will rise in 1986 allowing increased exports of rice, corn, cassava and palm oil and reduced soybean imports, the US embassy in Jakarta said in a report. Rice output is expected to rise to 26.8 million tonnesReuter - 194 words
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Article271 1986-02-25 12 RAS prices in S cwitiAg, FOI m 1 ■aim NOON CLOSf Irrt 1 RSS Prompt 168 00 170.00N 169 00 170 OON Int 1 RSS Mor 86 168 00 169 00 169 00 ***** Int 1 RSS Apr 86 >77 50 178 50 178 50 179.50 Irrt271 words
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Article100 1986-02-25 12 (cmtt/kg, 1-ton 86 Aftl If L 86 (currant n>ootfi) NOON \rarwora monm; NOON RAS l U j W JiWl SSR 20 178 00 I80.00N 179.00 181 OON SSR 50 173 50 175 50N 174 50 176.50N MRELB tl SdUn Bvyvn S^r| SMR CV 239 50 241.50N 240.50100 words
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Page 12 Advertisements
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Advertisement134 1986-02-25 12 Sharuiri I Inn Si ■iSS* •Sim From April there will be a first-class hotel just minutes from your meetings in Penang. Centrally located within the prestigious Komtar Complex in tne heart of Georgetown, the new Shangri-La Inn will offer the very highest standards of service and accommodation. Its 431 guest134 words
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Advertisement68 1986-02-25 12 THE ONLY CHART SERVICE WITH TIMELY ALERTING SIGNALS ON MARKET STRENGTH WEAKNESS Data available for subscription > I CURRENCIES (IMM FUTURES or LOCAL INTERBANK FOREX) INTEREST RATE FUTURES GOLD METAL ENERGY GRAINS SOFTS LIVESTOCK STOCK "2 INDEX FUTURES RUBBER PALMOIL PEPPER TIN HONGKONG STOCKS fR SINGAPORE MALAYSIA STOCKS V Price68 words
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SHARE INFORMATION
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Article, Illustration4072 1986-02-25 13 JITTERS stemming from talk that banks will soon withdraw credit support to certain broking firms caused share prices to fall across a broad front on the Singapore stock market yesterday. Right from the opening bell, sellers dominated the trading floor and4,072 words
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Article257 1986-02-25 13 SINGAPORE Rises Indicas S 1 A 655 ANA Hetel* 61 Hwhi 198 MTC7I* 350 Jodi let 125 0 U E 189 SM 306 Falls D 1 S 496 Beete 560 G—tmgj 406 Magaaai Cerpe 246 tataigk 161 OCBC 725 N S T 560 TDM 112 U 0257 words
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Article2690 1986-02-25 13 SECTION ONE INDUSTRIAL COMMERCIAL Ac mo (0 738 0.745) (4) 0.73 Alcorn (0.4 IB) Allied Choc (I 708 1 84S) (2) 186 (2) 185 (2) 184 (2) 1 83 Amol Steel 50« (0 678 0 695) (2)0 68(10)0 69(11)0.69(5) 0 68* (4) 0 68 (7)2,690 words
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Article98 1986-02-25 13 HONGKONG Fndav Week ago 1606 2 Hong Seng Index Monday 1742 37 Friday 1747 06 NEW YORK Week ago 1783 08 Dow Jones TOKYO Friday 1697.71* Thursday 1672.82 Nikkei Average Monday *****.49* Week ogo 1664 45 Standard Poors Saturday *****.21 Week ago ***** 91 Friday 224 62 Thursday98 words
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Article270 1986-02-25 13 Managers' prices MARA-Bumiputrs for Feb 25 First B'putro 4 53 4 58 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro 427 432 3 47 3 52 The Commerce 0 87 0.92 3 74 3 79 The Savings Fund 0.77 0 82 Fifth B'putro 241 246 S'pore Prog270 words
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COMPANY NEWS
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Article, Illustration506 1986-02-25 14 Negotiations may have stalled over price MBT PALMCO HOLDINGS, the diversified palm-oil refining group, is believed to be seeking buyers for Casuarina Beach Hotel in Penang. Several parties are understood to have been approached to acquire the hotel but it isMBT - 506 words
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Article2976 1986-02-25 14 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. MDUSTRIALS Ajinomoto (3 30S) A Choc (2 065) AMD (32,976 words
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Article, Illustration181 1986-02-25 14 Reuter MERCHANT BANKERS Morgan Grenfell ft Co and Exco International PLC, a diversified money-broking group, are holding exploratory merger talks, a Joint statement said. The merger would create a banking and financial services company capitalised at about £1 billion. A further statement will beReuter - 181 words
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Article311 1986-02-25 14 SHARE PRICES closed easier across the board at the Kuala Lumpur stock market yesterday despite the resumption of ready trading after about two and a half months. The market has been trading on an immediate delivery system following an unprecedented threeday suspension of the Kuala Lumpur311 words
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416 1986-02-25 14 MBT MALAYSIAN newspaper and publishing group, The New Straits Times Press (Malaysia) Bhd, has shelved its plans to set up a regional plant in Sabah and Sarawak. It is, however, going ahead with plans (or a regional plant in Dungun, Trengganu. ChairmanMBT - 416 words
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Article146 1986-02-25 14 MBT DATUK ABDULLAH AHMAD and his associates have strengthened their hold on Gadek (Malaysia) Bhd following recent boardroom changes. Chairman Datuk Abdullah has been appointed executive chairman while Syed Mustapha bin Syed Abdullah Shahabudin has taken over as managing director. Both Datuk Abdullah and Syed MustaphaMBT - 146 words
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Article28 1986-02-25 14 PEBLI8 PLANTATIONS Dertoi: 17th AGM at the Boardroom, 18th Floor, Wisma Jerneh, 38 Jalan Sultan Ismail, ***** Kuala Lumpur on Friday, Feb 28, at 10.15 am.28 words
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Article, Illustration270 1986-02-25 15 RAMEBH CHANDIRAMANI - By RAMEBH CHANDIRAMANI TWO NEW bank-affiliated stock broking firms opened their doors to the public yesterday and made active markets in several Singapore-based blue chip stocks. Both OUB Securities Pte Ltd and UOB Securities Pte Ltd managed to carve out a "respectable" market share270 words
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159 1986-02-25 15 Bernama TWO MAJOR Malaysian companies with large business interests in the Philippines Sime Darby and Guthrie yesterday expressed "natural concern" over the situation in the beleaguered country. A Guthrie (now reconstituted into the Mulpha group of companies) official said the company had estates in theBernama - 159 words
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552 1986-02-25 15 NAJEEB JARHOM - By NAJEEB JARHOM STOCKBROKING FIRMS which are heavily exposed to forward contracts and are hoping to dip into the $180 million "lifeboat" fund have already started meeting the Monetary Authority of Singapore with their respective bankers separately. Yesterday afternoon was the turn of552 words
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116 1986-02-25 15 PLANS FOR further rationalisation at Emporium Holdings will not affect its joint venture in supermarkets with QAF Ltd. QAF said it will not pull out from Oriental Market Holdings (OMH), a 60:40 Joint venture between QAF and Emporium, set up last August to own and operate116 words
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356 1986-02-25 15 AMY CHEOK - By AMY CHEOK SIME DARBY Hongkong, whose public share offer in the British colony last December was only 37 per cent subscribed, has turned in a set of impressive halfyear results. The Hongkong group, a subsidiary of the giant Ma-laysian-based conglomerate Sime Darby356 words
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462 1986-02-25 15 NST UNICO HOLDINGS Bhd executives will meet their counterparts in Supreme Corporation Bhd either this week or the next to thrash out the details of the proposed purchase of Supreme shares. Its director, Mr Ngan Chin Wen, said: "We shouldNST - 462 words
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Article, Illustration165 1986-02-25 15 UNITED INDUSTRIAL Corporation marked its breakthrough into the hotel industry with the opening of its $15-million five-star Phuket Yacht Club Hotel last Saturday. The 120-room resort hotel is owned by Moblex-UIC Ltd, a joint venture company in which UIC has a 49-per cent interest.165 words
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Page 14 Advertisements
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Advertisement649 1986-02-25 14 THE BANK OF EAST ASIA, LIMITED NOTICE EXTRAORDINARY MEETING NOTICE IS HEREBY GIVEN that an Extraordinary Meeting of the members of the Bank will be held in the Connaught Rooms, The Mandarin Hotel, 5 Connaught Road, Central, Hong Kong on Thursday, 20th March, 1986 at 11:35 a.m. or as soon649 words
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Advertisement454 1986-02-25 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Zeppaclfic Shipping Pte Ltd of 19 Keppel Road, #07-05/07 Jit Poh Building, Singapore 0206, hereby give notice that In consequence of our intention to change the name of the motor vessel "Indus Pioneer" we have applied to the registrar ;of Singapore454 words
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Page 15 Advertisements
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Advertisement208 1986-02-25 15 Wanted to buy: Metal-working Machine Tools U.S. Buyer seeks entire facilities or major groupings of young machines. Contact Mr. Jay Krom from Feb. 23 to 28 at Hotel Inter-Continental Pavilion, telephone *****88. Or Telex U.S.A. *****8 anytime before his arrival here. PLEASURE BOAT FOR SALE US designed Krugen 38 shoal208 words
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Advertisement67 1986-02-25 15 IT r rjr V NEW Y JL T a. 'A» .A *x -."ysi ■»:£i s Hi •'o !8r fc Ai a Korean Air wide-bodiedjet takes offfrom Singapore bound for Seoul. With six connecting flights to New York every week, it's a fast and easy way to fly. For full flight67 words
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YESTERDAY IN PARLIAMENT
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Article, Illustration479 1986-02-25 16 A STRONG PLEA for continued open government in Singapore was made by one of 1984's new entrants to Parliament yesterday. The end of the economic crisis should not mean the end of this style of administration, said Dr Aline Wong when479 words
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520 1986-02-25 16 THE PROPOSED CUT in employers' Central Provident Fund contributions was a major theme of the opening of the debate on the presidential address in Parliament yesterday. The views were mixed. Some Members of Parliament called for a reduction in the workers' contribution rate,520 words
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Article45 1986-02-25 16 Reuter THE ROYAL Bank of Canada, which opened a representative office in New Delhi last week, expects to play an important role in arranging financing for India's electricity, pipeline, transport and telecommunication projects, said the bank's president-designate, Johan Cleg horn, yesterday. ReuterReuter - 45 words
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Article, Illustration397 1986-02-25 16 Agencies PRESIDENT REAGAN, for the first time, yesterday called on President Marcos to step down as Washington made it clear that it was ready to offer him asylum in the US. Both Mr Marcos and Mrs Aquino have said they would go ahead andAgencies - 397 words
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Article90 1986-02-25 16 THE WORSENING CRISIS In the Philippines has caused all Stagtpwe flights bound for Manila to be suspended Indefinitely since yesterday afternoon, an official from Chaagl International Airport said. Incoming flights from Manila airport, where fighting between government and opposition forces erupted nearby, were also similarly put off.90 words
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Article153 1986-02-25 16 AP WITHIN the next two years, China plans to resolve all cases involving persecution of overseas Chinese or their relatives during and before the Cultural Revolution. Offices dealing in overseas Chinese affairs should adopt strong measures to correct unjust or false judgments against overseas ChineseAP - 153 words
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174 1986-02-25 16 THE LABOUR MOVEMENT will soon submit to the government its position on wage reform in response to the recent recommendations by the Economic Committee. This was disclosed to trade union leaders by Mr Ong Teng Cheong, the secretary-general of the National174 words
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174 1986-02-25 16 CITICORP Investment Bank (Singapore) and the Singapore branch of the National Australia Bank are Jointly arranging a US$75-million Euronote issue for the Australian merchant bank, First National Limited (FNL). Nine banks will underwrite the issue up to US$4O million for maturities of one, three or174 words
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Article186 1986-02-25 16 Bernama MALAYSIA has cut down the recruitment of Indonesian and Bangladeshi workers so that local retrenched workers will have better employment opportunities. Labour Minister Datuk Lee Kim Sai said in Port Dickson yesterday that the government was doing everything possible to ensure that retrenched workers gotBernama - 186 words
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162 1986-02-25 16 UPI Bernama JURY SELECTION was completed in Hongkong yesterday in the multi-million-dollar fraud trial involving the collapse of the Carrian financial empire. Carrian chairman George Tan, his principal assistant Bentley Ho and four others are charged in the case that is also linked toUPI; Bernama - 162 words
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98 1986-02-25 16 UPI PRESIDENT Chun Doo Hwan said yesterday that South Korea's Constitution could be amended in 1989 after successfully playing host to the next summer Olympiad in Seoul. Mr Chun reiterated his resolve not to seek re-election but to help establish a traditionUPI - 98 words
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Article69 1986-02-25 16 ASTRONOMERS will soon begin a systematic search for radio signals from about 1,000 star systems in the Milky Way galaxy believed capable of supporting intelligent life. A space agency spokesman said it had been determined that only 5 per cent of the stars in the Milky69 words
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LATE FILE
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46 1986-02-25 16 AP A US DELEGATE asked South Korea yesterday to freeze its textile exports to the US at the 1985 level (or the next three years. Korean officials, who spoke on condition of anonymity, said the American request was rejected. APAP - 46 words
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Article33 1986-02-25 16 Reuter OPEC may invite non-mem-ber oil exporters to a Joint meeting after its own conference in Geneva next month, the Middle East Economic Survey (MEES) said yesterday. ReuterReuter - 33 words
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Article29 1986-02-25 16 UPI THE SOVIET UNION yesterday dismissed the latest arms proposal by US President Reagan as "a propaganda stratagem" that repeats previous US positions. UPIUPI - 29 words
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Article43 1986-02-25 16 Reuter IRAN said yesterday that its forces wiped out two Iraqi infantry battalions when they beat back a counter-at-tack north of the occupied Iraqi oil port of Faw as fresh Iranian troops were reported heading for the warfront.Reuter - 43 words
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Article38 1986-02-25 16 Reuter AT LEAST five people were killed and 12 wounded when a car blew up outside a supermarket in East Beirut yesterday. Rescuers worked in driving rain in search of survivors. ReuterReuter - 38 words
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Article41 1986-02-25 16 AFP SUSPECTED Sikh separatists looted a police armoury near Amritsar in a pre-dawn raid yesterday. The Press Trust of India said they fled in a Jeep with arms which included 16 rifles and 475 rounds of ammunition.AFP - 41 words
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Article50 1986-02-25 16 UPI AFRICAN foreign ministers gathered yesterday in Addis Ababa for a summit that will focus on the continent's pressing economic problems and a Libyan proposal condemning the US for aggression. The Organisation of African Unity's (OAU) 43rd Council of Ministers meeting begins today. UP IUPI - 50 words
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Page 16 Advertisements
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Advertisement167 1986-02-25 16 THERE'S NOTHING WE CAN TELL YOU ABOUT THE EQUATORIAL THAT YOU DON'T ALREADY KNOW v ■Vx EXCEPT, PERHAPS OUR LITTLE GESTURES THAT HAVE BECOME ATRADTHON. You probably know about our 3(H) furnished rooms and suites, our famous restaurants, the Kampachi, the Golden Phoenix and the Chalet, our freshlybrewed Espresso toffee167 words
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Advertisement478 1986-02-25 16 Purchasing Supply Management Skills Singapore, May 8 9, 1986 Objective This workshop is to upgrade the purchasing and supply skills of those personnel who have an influence on their company's profitability through their dealing with, or actual execution of, the purchasing and supply functions. Workshop Content Purchasing/Supply Management Organisation for478 words
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Page 16 Miscellaneous
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Miscellaneous55 1986-02-25 16 vmimi Outlook for today: Showers in o few areas in the afternoon. Rep< ort for 24 hours prior to 7.30pm on Feb 24 at the airport: Maximum temperature 32.9 Associated humidity 55 Minimum temperature 23.8 Associated humidity 96 Hours of sunshine 9.50 Roinfoll in millimetres nil Rainfoll this month 26.755 words
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SHIPPING TIMES
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149 1986-02-25 17 HIT BY MORE THAN US$2OO million in shipping loan losses, US giant Bank of America recorded a deficit year for the first time since the US depression of 1932. Shipping accounted for almost two thirds of the bank's US$337 million loss last year.149 words
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443 1986-02-25 17 SHAHRIR ARIFF - By SHAHRIR ARIFF WHEN LIAN SOON Shipping and Trading was set up 16 years ago, director Dolly Seah had one ambition: to build a shipping empire before she retired to the leisurely life of cruising around the world. That dream failed to materialise.443 words
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185 1986-02-25 17 AFP INDONESIA plans to install a radar system on one of the Riau Islands to spot ships smuggling goods to and from Malaysia and Singapore, Indonesian Finance Minister Radius Prawiro has said. The radar installation is to be monitored around theAFP - 185 words
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159 1986-02-25 17 AFP A LUXURY liner, which some reports have described as a getaway ship for President Ferdinand Marcos, was still at its anchorage in Hongkong, a Hongkong Marine Department spokesman said. "We have not received any port exit application from the ship yet," the spokesmanAFP - 159 words
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PORT SIDES
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Article65 1986-02-25 17 Reuter THE JAPAN/India-Pakistan-Gulf/Japan Conference will reduce Hongkong westbound bunker surcharges to Pakistan and India to 31 per cent from 34.3 per cent effective March 1, due to the recent reductions in bunker oil prices. Bunker surcharges on Hongkong/Gulf shipments not covered by the existing temporarily reduced commodity boxReuter - 65 words
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Article64 1986-02-25 17 WITH EFFECT from today the Straits/Bombay/Karachi Gulf Conference will impose an extra risk insurance surcharge of 4 to 3.5 per cent for shipments to Gulf ports, not within Iran or Iraq. The conference also announced that it will levy from 4.5 per cent minimum to 464 words
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Article84 1986-02-25 17 FOLLOWING A reorganisation, Lykes Bros Steamship will reduce its shoreside staff by 113 from its total staff strength of 900. A number of middlemanagement jobs will be affected by these measures. Lykes has gradually transformed itself from a conventional shipping line, which was mainly based84 words
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Article1093 1986-02-25 18 A BLEAK week for dry cargo charters on the London freight market ended on Friday with active time-charter business but just scattered voyage fixing. The overall tone remained bearish, with no immediate sign of improvement. North American grain appeared in just three fixtures. NYK worked 33,000 tons from1,093 words
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1043 1986-02-25 18 Fairplay THERE WILL ALWAYS be the shipowner who only considers the lowest cost, the seafarer who is so desperate for work that he will agree to anything and the ere wing agency that will promise the world to win a contract. In theFairplay - 1,043 words
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148 1986-02-25 18 THE SOVIET liner company, Baltic Shipping, has introduced a new port of call onto its Australasian services as a result of the recent slot charter agreement reached with Scan Carriers. Baltaustralia intends to make at least six northbound calls a year at Dunkirk,148 words
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Article626 1986-02-25 18 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 HI 2/3 ASCL 1 Bait-Canada Line VI 4/5 Bolt-Orient Line VI 4/5 Bank Line V 5 BBS 1 4/5 Ben Line Cont V626 words
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Article86 1986-02-25 18 THE FORMER dock yard at Gibraltar repaired 248 vessels in its first year as a commercial undertaking. The 1985 total comprised 26 commercial vessels docked, four Royal Fleet auxiliary allocated refits, 44 vessels Repaired afloat at a berth, S3 vessels repaired at anchor, 55 Ministry of86 words
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438 1986-02-25 18 NYT INDONESIA HAS begun to sink boats whose crews are found to be transporting for profit refugees who are fleeing Vietnam, according to diplomats and refugee officials in the region. The officials say the refugees are brought ashore by the IndonesianNYT - 438 words
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Article133 1986-02-25 18 Maersk Line will launch two new fortnightly container services to the Middle East and West Africa on Feb 27. Direct ports of call in Europe include Bremerhaven, Hamburg, Rotterdam, Antwerp, and Le Havre. UK, Ireland and Scandinavia will be served by feeder vessels via the133 words
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227 1986-02-25 19 AFP A TRAMP STEAMER held in France, by the French authorities amid reports it was to take mercenaries to West Africa was actually on its way to the Caribbean for a treasure hunt, the vessel's captain said. Captain John Collins, master of the Panamanian-registeredAFP - 227 words
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537 1986-02-25 19 Lloyd's List THE DEPARTURE of five large tankers from lay-up in Norwegian waters last month may indicate a welcome upturn in the spot market but for Oslo fjord communities it marks a substantial cut in income. Servicing mothballed tankers has become rewarding forLloyd's List - 537 words
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337 1986-02-25 19 FT THE LATEST initiative in the ports to persuade dockers to take voluntary redundancy has received a patchy response, particularly in London and Liverpool. Under the statutory dock labour scheme, local and national boards control the size of the workforce, making itFT - 337 words
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249 1986-02-25 19 AFP THE CRUCIAL question of who was commanding a Soviet cruise liner before it sank last week with 737 people aboard has been answered, but officials were not disclosing their findings. The 22,000-tonne Mikhail Lermontov went down in the Marlborough Sounds between New Zealand's northAFP - 249 words
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304 1986-02-25 19 JAPANESE SHIPYARD workers are to seek a 5.7 per cent pay rise. Their trade union, Zosen Juki Roren, is launching the claim as part of Japan's 1986 spring labour offensive despite warnings from the country's Ministry of Transport that Japanese shipyards304 words
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269 1986-02-25 19 THE PORT OF Oakland will invest US$5O million in new and expanded cargo handling facilities through the year 1968 to meet expected increases in trans-Pacific traffic. Public Affairs Officer, Mr Robert Middleton, says $38 million will be invested in the construction of269 words
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Article662 1986-02-25 21 Fob 27 Lecture on international maritime fraud by rep of International Maritime Bureau, organised by Nautical Institute (North East branch), 1930 hours, Trinity Maritime Centre, Newcastle. Feb 27 Lecture, "Finance for ships," by Mr M D Robinson organised by Nautical Institute (North West branch), 1715 hrs, Liverpool Polytechnic.662 words
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Article186 1986-02-25 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member 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. Australia/Straits Container Line. Nedlloyd186 words
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6589 1986-02-25 24 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.6,589 words
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Article716 1986-02-25 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location China Cont 33E 25.2.86 1600 Jardine F1 0700-0800 G3 Uni Pioneer 017LA 25.2.86 1600 G Asia F1 0700-0800 N3 N Jasper 11W 25.2.86 1700 NAPL F1 0800-0900716 words
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Article1643 1986-02-25 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enl«rpra« h« Ltd Sflm« (S) AB Skipping Bousteod Shpg Agencies Aleo Lin* Afncon Shpg Agencies (S). Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Oceonus SfwppingAgenoes (S) Muttiport Sdn Bhd (PK) Americon1,643 words
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Article419 1986-02-25 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES No 8 Donom K21 NAPL alongside 25.2.86/0600 S'thern Glory K28 S'pore Shp alongside 25.2.86/0300 Straits Pride K24E SSPL alongside 25.2.86/0600 Wakamizu Marti K16 Borneo alongside 25.2.86/1200 Builder III K23 Thong Soon 25.2.86/0700 26.2.86/0700 Courser K34 Sunship 25.2.86/1100419 words
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Page 17 Advertisements
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Advertisement871 1986-02-25 17 lumbers t >1 It M' 1 )j< l< '1 lilt V Concise Comprehensive Contemporary new sage^ —J OOCL Orient Oveiqeas QotUaUm Line JAAOM SMPPMG MOCKS (Rat Ik. 2421 M/ OCR) 70 Shenton Way *04 03 Marma House Singapore 0207 TH *****11 TELEX NO RS ***** CFS OFFICE TPC #03 029871 words
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Advertisement85 1986-02-25 17 THERE WILL ALWAYS be the shipowner who only considers the lowest cost, the seafarer who is so desperate for work that he will agree to anything and the crewing agency that will promise the world to win a contract. Page II THE DEPARTURE of five large tonkers from lay-up in85 words
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Advertisement1132 1986-02-25 17 FESCO LINES 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 FASI ET SINGAPORE/BAHRAIN 10 SINGAPORE/KUWAIT —11 Voy S" pors EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA T: 'Sappore CtoSM| Taw CY 25/21,132 words
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Page 18 Advertisements
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Advertisement415 1986-02-25 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wast Pacific North Wast Foodor at Tokyo Faadar at Kobo S/3 YAAMStfII M Alto accepting LCL Cargo for UBA Port*. Atlantic/Canada Faadar at Kobo TOKYO BRDGE ¥03 OASIS MTMR *13, ys prosperity mi, ICW OASIS *02, t Mm KC«ptnc carp415 words
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Advertisement256 1986-02-25 18 Supercarrier Service n-,-".. icfict KXT ARRIVALS TOURCOnG ?S/? BARKS TO6A 7/3. BARKR TAMPA 27/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 7/4 1/4 19/4 17/4 23/4 7/5 1/5 13/5 17/5 11/5 1 too xctptanf cantn tar Mow tor (MLB). S Francnco Oakland Stockt«i and 1m tttp (it L256 words
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Page 19 Advertisements
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Advertisement1047 1986-02-25 19 The Straits Steamship Group OC.W Mansfield Container Shipping Pte Ltd Overseas Containers Limited rCONTAINERSHtP SERVICE TO UK/CONTINENT an or edmukh fmmkfwt express TOUO OBIKB XOMOON BAT 21/4 22, V I EOTttSS 27/4 25, an or edmukh m/ 5 FRAMFURT ixns.SS >?/5 14 Also Accepting Cargo For: S'pn PKetan| M/ 31,047 words
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Advertisement726 1986-02-25 19 Franco Belgian Services .ir /I*l hr. 11. h >.t% i. .1 ith /<./*/.in /.1 r I ~-t. rn ,11. con nits soma TO EUW* SOW SAS woe Fak (24 FA) fOCATOi 5 Mar 3 Mar] CM T«TO 12 Mar ((II Mar) qmm com*■» it m*. (17 m*> e P* Date726 words
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Page 20 Advertisements
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Advertisement684 1986-02-25 20 R u Hapag-Lloyd TO CONTINENT/UK EXPORTS On carria|e to Scandmavia, Med, Carribean IS. America Hand haulage to inland destinations in Europt ——Agents SEGANI—*****46 K. Lianpw *****25/6/1 *****71 t. KHant *****00 CFS *****40 Ptnanc 2205(33 *****49 *****0 3MZ7O 6107)7, *****2 *****3 *****19, Hill I« w»i ««»n y FULLY CONTAINERISED SERVICE SHEN684 words
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Advertisement501 1986-02-25 20 ML Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** INTERMARITIME LTD K KmbMu (Sab A(Ml) T* 22ISM Uvti (S* A|Wt) T* (***** REUNION/SOUTH AFRICA SERVICE unypiiNßtaaKCT ML VC7 10/3 13/3 10/3 »/3 *7/3 4/4 13/4 14/4 10/4 ML VH 30/3 15/4 a/4 C«*501 words
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Advertisement316 1986-02-25 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) *iso acceptng La/fa t ra/ra to sorxmuK anms. copenmcen. oao. sioauom iclsmu. i LOMON. SOUTHAMPTON. MANOCSTEI MMNGHM LMOPOa BJ MCTOOMI VIA KTTTHMM US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN MED/RED SEA/F.E. INBOUND no MSB UN FOKIO not OMMM) f*J316 words
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Advertisement156 1986-02-25 20 HISI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STOK HMmi LnAntar KYOWA BREEZE 5/3 toy*. L*. P-Merely, Honiara Krcta, Rafcaul Oceania Quwn 10/3 JKT. wiwak. Ma4a«. La*. P. Moresby, Hwtor». Kreta, Rabari SUN UNION LINE TWml TAIYO156 words
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Page 21 Advertisements
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Advertisement302 1986-02-25 21 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN ft LYTTELTON, INVERCARGIL ft FIJI sus spoke m Plymouth rati chauos S'PORE AGENTS302 words
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Advertisement54 1986-02-25 21 \iMi THONG SOON \mSmfk. agencies pte. Ltd. #09-07, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORETO PENANG CONTAINER FEEDER SERVICE as 3? a rt MIDDLE EAST SERVICE JMMTA SMGAPOK. FOt: A VESSEL 15/3 fed**. EUROPE SERVICE MKNtTA SMGATOtt FOB: GANA GAM* 26/3 11/454 words
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Advertisement781 1986-02-25 21 BLC BENLINE CONTAINERS EXPRESS CONTAWO SERVICE TO UK/CONTWENT EXPRESS CONTMNER SERVICE FROM UK/COHNOT HAM B-MKNI-MM HA WE STON PIEiANG STORE FOR Frjrttwt Eiprtu SaOri SaOrt SM M M 20/2 21/2 WG. HM T*a Eifmi SaOrt SaOri M SaM Utti ft/3 7/3 WC. TIM Ramkiaa ton UM bM bM S*M SaO*781 words
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Advertisement524 1986-02-25 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF m n'.lf.' a;fr: <>: A J»Tlt', siifU',.' eka jaya agencies am SISAL PTE LTD II H!N!N RORO CONTAINER SERVICE TO FROM AUSTRALIA SPORE AGENTS: NEPTUNE AGENOES PTE LTD TEL: *****77/*****34 P KELANG AGENTS: POUNE SON BHD TEL: *****1 COU 0 CHINA OCEAN SHIPPING COMPANY t524 words
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Advertisement300 1986-02-25 21 BOUSTEAD SHIPPING AGENCIES Pifan V96N Htoneywa V2O9W Pa an V92W Patau V97W BURMA FIVE STAR (Burmese National Line) Loadhg for Ranfoon Spore Plctani I In Port/27 Feb 3/5 Mar 9/11 Mar 7/1 Mar 15/17 Mar BANK LINE SPORE R'DAM HULL HMBG •CRESTBANK 3 Mar TAUSALA SAMOA 16 Mor 11 Apr300 words
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Page 22 Advertisements
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Advertisement1154 1986-02-25 22 K LINE ECUADOR/PERU/CHILE KB** VU MO no «l AHA STAR ¥45 SEA EXPORTt* Milt KAWASAKI KISEN KAISHA, LTD. 1 SPORE ft FA pkig 2t FA m 27 FA spore 1 H» KOK M Hi CUATAQUK CAU.AO 24 Apr 31 Apr (M*T (jligil I Hi, Af AGASTA SMTTONO VALPARAISO Hty 141,154 words
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Advertisement628 1986-02-25 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL ContaitMra Few* PMtenf l«i« VKMI Spore Artt Ffcat Sf*i Ahe Accaph AAKA 11 Av KAMOAS" It Air 1 Apr IS Apr 11 Apr A4A/A* fsnarm i» Ms mums 12 Apr 27 «p iai iai mnr lMm II Air I Ait MA/AA 17 Am 2«628 words
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Advertisement425 1986-02-25 22 GOLDEN LINE GUAN GUAN SHPPME (PTE) LTD 23. Tata Arar Skwt smsmm tin m smjmi oa i»> STRAITS/PERSIAN GULF SERVICE: eau» mm CaMaM/Kvada/atacat/Data 28 Fat C(XDO) an CaM»M/ll«ada/Oata/BMraai lift* CHMA OCEAN SHPPWG CO., PEKMG THE PEOPLE S REPUBLIC OF CHMA ULJ 'A UiUL LL ILLAAILiJ At: HMGX 008 1/4 7/3425 words
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Advertisement491 1986-02-25 22 INTRASEA (PTE) LTD lO Anson Road a 2 7 16 Internationa Pla*a Singapore 0207 T e i *****1 1 (10 Linesl VOKASIA'&m o BREAKBULK SERVICE TO EUROPE/UK S'part P. Lm*| tarTREASURE BLAH) BBMN3 9/3 ROT/AMT/IK (AVON)/ KLFAST ANANGEL TRUTH BBKM? 11/3 SETE/VOT/MT/W (AVON) A»aah MTRASA (Pit) LTD BOOKK 22*511 1491 words
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Page 23 Advertisements
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Advertisement852 1986-02-25 23 NOL NEPTUNE ORIENT LINES LTD Spore NIPTUNE AGENCIS PTE LTD TH No othce terimal CfS BOOHKGS 21*911 Ft OJ/WSI 'PA/Sl* *****77 *****22 *****53 DMtCT IMS *****53 *****42 I Bihru HARPER WKA SON B»C *****0 P KHar* HARPER KWA SOW BHD *****1 3*241 P layi HARPER MRA SOW BHD 5(4722 Penan,852 words
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Advertisement515 1986-02-25 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON >*t P l«» Pcnm No 7 Datum 601/3 U/J No Datum 60 ?N 17/3 24/3 21/3 No 6 Donan M3N 22/1 Rr t Dwjm/UTN 2/4 t/4 lb 7 Danan 603N 13/4 17/4 Hi t Daum 604N515 words
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Advertisement663 1986-02-25 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SJNSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SH6APORE Telex Numbers RS 213*0 RS ***** RS 2510* P. KELANG PENANG iTE'SfX!! WK? IffSSK HM THONG SHffWG 127 Pen,* Street Pen** Maiaysu iS 38W06/8 SW Cables JAYAPOH663 words
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Advertisement78 1986-02-25 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Roed #06-01 Ng Teow Yhee Oldg S pore 0923 Tel 235 8444 <4 lines) Port KHinj lija Pm.i Sh«pp«ig Sdn Bhd ffl 03 3890.'4 S Penjnj Iradf 11 Irjrtspnrt ltd I*l 04 178<»3 P3".c Gtidanf MjUysun Shipping; Agent78 words
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Page 24 Advertisements
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Advertisement341 1986-02-25 24 f REGIONAL CONTAINER LINES TO SOUTH THAILAND (FORTNIGHTLY) STORE I|nw"« 11 'mrrw |i >w"'i.! i irw IM/Jl'.l:'! I 'IPTM fhjm m PTJI in i l rmmrTTTimnjii MALACCA STRAITS FEEDER SERVICE (WEEKLY) I |p: i y.w.iy pnpngßMMifflißßi i: i hi;h' n Aho icceptin{ LCI (trandvpmefit and local) for PK/PNG AGENTS PORT341 words
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Page 24 Miscellaneous
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Miscellaneous180 1986-02-25 24 I Regional Weather m m fj a M L K! tt V JS 1 s IS V I > 1 m •r «s& V 27 i 2 is: SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height One half tieche represents180 words
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Page 25 Advertisements
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Advertisement74 1986-02-25 25 iMJT.'.'.'J FAR EAST/EUROPE CONTAINER SERVICE 11 if. -TTTTrf GIIDiUIMMUGIICTf iff mryn i i ■rryrrrß ALSO ACQFTMC FOR: iwnwf, l. har*. m. no, copommoi. Oslo ALSO ACCEFTMG FROM EUROPE: «T* HAM, SOT, UK, minor, OSLO, cm MINIS ALSO ACCEPT* MTEMDIATE CARGO TO MC. Ml ft KOREA DKCT P. KELAK 1. ■ITICTTTI74 words
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Advertisement81 1986-02-25 25 Singapore/China Direct Service S"n»» t»*< fm m KOOK 5-11/1 NK. Map*. 9> m NNffN 10-15/3 NR. I w 15-M/3 Cuvtai I M Carp WMct UWM *r"h 8M CHIAO SHIPPING AQENCY PTE LTD Tel: 2246M1/2 Tlk: ***** COLUMBUS LINE RFEDERFI GMBH FXPRfSS SFMI CONTfIINF R SFRVICF TO HUII ROIIFRDAM HAMBURG TAUSALA81 words
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Advertisement73 1986-02-25 25 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL] MM I R KELANG 1 VESSEL I SINGAPORE I 1) MARSEILLES I 2) ROTTERDAM I 3) LOHOON Kartpß/Ba IMtM N. Dajtaa/K«-t-B. Svfc/171 TO RED SEA-MEDITERRANEAN CASABLANCA LATTAKIA LIMASSOL TO HONG KONG-TAIWAN-JAPAN FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA-MEDITERRANEAN VESSEL Kintal/tTf H MR/B4C73 words
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Page 26 Advertisements
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Advertisement315 1986-02-25 26 WSL \orr%- v rr Mitsci OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICAS N—.NO4l i EAST AFRICA APOLLO PEAK BRAVE SPIRIT MORNING GRACE GLORIA PEAK WEST AFRICA ALTAI MARU 27 Feb Port Louts. Reunion 9 Mar Mombasa. Daressalaam. Tanga Nacala. Beira 15 Mar Mombasa. Daressalaam 25 Mar Port Lours. Reunion 14 Mar315 words
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