The Business Times, 1 April 1986
1986-04-01
1
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The Business Times
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Title Section12 1986-04-01 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, APRIL 1, ISBC 75 CENTS12 words
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239 1986-04-01 1 Bernama MALAYSIA has called on the US to devise an economic policy towards Asean, noting that USAsean relations have failed to address economic problems. The economic policy should be incorporated in US strategic thinking and approach to the region, Deputy Foreign AffairsBernama - 239 words
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Article, Illustration641 1986-04-01 1 CHAN OI CHEE - Securities Industry Bill seeks to give MAS more clout By CHAN OI CHEE FINANCE MINISTER Dr Richard Hu gave an assurance yesterday that the government has no intention of taking over the day-to-day regulation of the securities industry although new provisions under the Securities Industry Bill,641 words
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259 1986-04-01 1 PROTECTING INVESTORS against stock market risks was not the role of the Securities Industry Council, Parliament was told yesterday, and that will not change under the new Securities Industry Bill, 1966. Finance Minister Dr Richard Hu said there appeared to be some misunderstanding259 words
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339 1986-04-01 1 AFTER FOUR WEEKS of negotiations, the more than 20 creditor banks of City Securities have finally signed an agreement which will allow the stockbroking company to sort out its financial problems. According to a statement from CitySec's directors, the creditor339 words
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Article481 1986-04-01 1 RAY HEATH - By RAY HEATH PLANS TO PROMOTE the freedom of Singapore's skies are now being formulated by a group of leading aviation experts. If their provisional recommendations are carried through, it could mean a massive battle among local entrepreneurs seeking to run domestic airlines. Already,481 words
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Article106 1986-04-01 1 Bernama JAPANESE VENTURES in Malaysia would be persuaded, as far as possible, to avoid retrenching their workers, said Japanese ambassador to Malaysia Takakazu Kuriyma. Speaking to reporters yesterday after meeting Malacca's Chief Minister, Datuk Sen Rahim Tamby, he said he would convey the Malaysian government's concernBernama - 106 words
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Article, Illustration115 1986-04-01 1 TRADING la tke stock market was aalet yesterday as Lhlm aad Haagksag taatttetteas were ea Raster kallday. Blae ehlps eased bat there was ssme baytag amaag Malayslaa seesad Users. Tke BT Csmpsstte ladex fell 2.32 palate te 4H.H sad tke Straits Times Isis* trial ladex eased S.CS psiats115 words
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Article120 1986-04-01 1 UPI PHILIPPINE President Corazon Aquino yesterday pledged to intervene in a 1 strike that has blocked strategic American military bases in violation of treaty obligations. It was the first formal acknowledgement by the Aquino government that the barricading of eight US military facilities violated theUPI - 120 words
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Page 1 Advertisements
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Advertisement134 1986-04-01 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Selco to be salvaged ONE OF THE KEY ARMS of the failed PanElectric group, the Selco salvage company, is to be taken over by a new group backed by Temasek Holdings and the Sembawang shipping group. The new company, called Sembawang Salvage Company (Semco),134 words
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Advertisement253 1986-04-01 1 J "J.':!'Pl, MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROBSWORDS TV A RADIO OUR VIEW WHILE THE US IS RIGHT in turning down dubious Soviet offers on o nuclear test ban, it must not allow this to be seen as a return to the spirit of the Cold War. What253 words
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Advertisement18 1986-04-01 1 MAS unit to administer Security# Industry Act, Scops of ths Futurss Trading Act, Othsr Psiiismsntsry rsports, Back Psgs18 words
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Advertisement140 1986-04-01 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Schiphol is a hospitable transitpoint." 'One would like to spend ones holi< Z. WM& From Schiphol you can fly to 124 destinations on six continents. Everything has been made easy. In transit, you need not worry about your luggage. It is transferred directly to140 words
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HOME NEWS
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518 1986-04-01 2 JEFFREY TSANG - By JEFFREY TSANG RISING exchange rates of the currencies of most of the world's car-manufacturing countries are hitting local distributors hard, and they have reacted by increasing their prices. Most of the cars sold in Singapore are imported from Japan, West Germany, France and518 words
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229 1986-04-01 2 CHINESE PHYSICIANS were yesterday encouraged to continue working with local schools of higher learning and similar institutions in other countries to improve further Chinese medicine skills and practices in Singapore. Mr Wong Kan Seng, Acting Minister for Community Development, also suggested229 words
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145 1986-04-01 2 THE French-Singapore Institute will hold an open house on April 4 and 5 for school-leavers to have a peep into its activities. For the first time this year, the institute which is jointly run by the French and Singapore governments will also admit GCE145 words
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Article, Illustration237 1986-04-01 2 THE SUCCESSFUL completion of the twin tunnels connecting the Mass Rapid Transit (MRT) stations at Maxwell Road and Raffles Place was a cause for celebration yesterday at the Maxwell Station site. The breakthrough of the two tunnels were completed without any significant damage to237 words
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Article49 1986-04-01 2 THE CHAIRMAN, president and chief executive officer of Trilogy Ltd, Gene Amdahl, will speak today on Mainframe Technology for the Next Decade at a lunch talk organised by the Institute of Systems Science and the National Computer Board. Further information can be obtained on telephone number *****03.49 words
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Article84 1986-04-01 2 THE PROBLEM of rewarding individual employees while keeping overall wages in check is to be addressed by a chief 'head-hunter' on Friday morning. Mr Bernd Stutz, the chief executive officer of PA Personnel Services, a US-based executive search company, will be the NPB's guest speaker at a84 words
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173 1986-04-01 2 A KOREAN tourism mission will be in Singapore this week in a major effort to attract visitors to the country for the 10th Asian Games. A 30-member team will arrive on April 6 on the second leg of its four-city South-east Asian tour. The173 words
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Article466 1986-04-01 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Apr 8-9 Customer Relations SIM Conference Singapore *****66 Skills Workshop Room Institute of Management Apr 9 Diploma in Marketing Nationol National *****34 (commenceand Soles Management Productivity Productivity ment dote) Board Board Apr 12 User Requirements Plaza Hotel Smgopore *****63 for Electronic466 words
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Article, Illustration358 1986-04-01 3 DR CHAM TAO SOON has been appointed the chairman of Singapore Automotive Engineering Pte Ltd. Dr Cham, a graduate of the University of Cambridge, is the president of Nanyang Technological Institute and a member of the National University of Singapore Council, Ngee Ann Polytechnic Council, Science Council,358 words
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Article334 1986-04-01 3 LISA LEE - About 1,400 tenants stand to benefit By LISA LEE TENANTS OF the Urban Redevelopment Authority (URA) will enjoy rent rebates for 21 more months. A 15 per cent rent rebate, which was initially (or a one-year period up till yesterday, has been extended to the end334 words
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199 1986-04-01 3 JURONG WEST New Town will be enlarged from its current size of 34,000 units to 64,000 units in the 1990s and the first units under the extension will be ready by mid-year. When completed, Jurong West will be one of the199 words
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129 1986-04-01 3 THE SELECTION of Housing and Development Board flats has been streamlined by allowing applicants to buy floor plans of their flats immediately after selection. This "one-stop" service will be implemented from today and will save flat buyers considerable time as the129 words
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Article, Illustration293 1986-04-01 3 THE Public Works Department recently awarded a $6.78 million contract for the construction of the police divisional headquarters at Geylang. This is part of a (166.4 million plan to improve policing. A PWD core contractor, Joo Yee Construction, clinched the contract293 words
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Article106 1986-04-01 3 JUSTICE LP THE AN, chairman of the commission looking into the Hotel New World disaster, wants the public to submit evidence that could help determine the cause of the collapse, or suggestions to ensure that an accident of such massive pro- portions does not happen again. Evidence106 words
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Page 2 Advertisements
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Advertisement130 1986-04-01 2 :r >: ;V-' ■a 4 J s; 4 I *-v ft J X Twine weekly... a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 9:35. So you arrive in Seoul in the afternoqn. And once you 're in there,130 words
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Advertisement28 1986-04-01 2 b iivfra* X «^c V* *410 FULL COURSE DINNER FROM $168 (10 persons.) Our specialities Live Seafood Steamboat Chinese Western Cuisine m a Tang nglin 24. Te m28 words
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Page 3 Advertisements
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Advertisement372 1986-04-01 3 i A* WORLDWIDE COURIER Changing the way the world does business. 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 simple372 words
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BANKING AND FINANCE
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Article, Illustration446 1986-04-01 4 DAVID GABRIEL - Sang Kancil is BT's financial futures trader. Every Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on the Singapore International Monetary Exchange. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL SANG KANCIL446 words
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442 1986-04-01 4 Number Indicative Gross Coupon Amount Interest of days of Middle Price Redemption Maturity Ytar r owed Rot* Million) Payment Accrued (excluding Yield P«) Date* Interest accrued po) interest) 15.4.86 Loon 1 1976 7W 23.87 15/4, 15/10 167 100.00 725 15442 words
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284 1986-04-01 4 Bernama THE TIGHT LIQUIDITY conditions which prevailed in 1984 in Malaysia's banking system dragged on into most of 1965 as demand (or credit exceeded the growth in bank deposits. Bank Negara said yesterday that available liquidity last year came under strong pressure from threeBernama - 284 words
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230 1986-04-01 4 NYT FOR THE AMERICAN banking and thrift industries, an era of deregulation ends today with the completion of a five-year programme of removing controls on interest rates. As of today, the last restriction on any time or savings deposit rates the 5.5 perNYT - 230 words
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Article, Illustration698 1986-04-01 4 SINGAPORE THE US dollar yesterday closed higher against ma Jot European currencies but slightly lower against the yen, compared with last Thursday's New York close. Dealers attributed the dollar's firmness against the European currencies to light short-covering and commercial buying. They said trading was thin due to the698 words
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Article235 1986-04-01 4 Interbank rates at 3pm yesterday: CurrmctM Nominal rttM twMwonwn Local dollars to Md Oftor en #oo parity OM unrl of lony 1 %S dolor 1 2:1747 2 17S7 2 ■airt Storing pound 3 1837 3 1895 7 3469 -5667 Australian dolor 1 5538 1 5578 3 4286 -54235 words
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Article385 1986-04-01 4 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Dealers said news of a larger than expected 0.7 per cent rise in US economic leading indicators (or February and an upward revision in the January index had little impact on the market. Period rates385 words
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Article63 1986-04-01 4 THE OVERNIGHT rate on the Singapore interbank money market closed at 4-1/2 per cent yesterday. The one, two and threemonth term rates fell 1/16 point across the board. S$ Interbank rates at 7pm yesterday: OH«f B«j Over 4 1/2 4 1/4 1 month 5 1/16 4 15/16 263 words
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Article365 1986-04-01 4 BA Futures IN SPITE OF tkt higher than expected Increase in the US leading indicator which was released on Friday, June Earsdsßar yesterday opened 1 tick higher than IMM*s high at 92.96. The bullish opening tone was brought about by the post futures cash market gains in the USBA Futures - 365 words
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Article161 1986-04-01 4 Reuter TOKYO:' YEN-DENOMINATED gold futures yesterday closed mostly easier, with declines of 12 to 23 yen/gram, in lacklustre end-month trading, dealers said. No fresh factors were seen as the New York market was dosed on Friday and many private qteculators were sidelined. The selling was mainly liquidation for positionReuter - 161 words
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Page 4 Advertisements
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Advertisement243 1986-04-01 4 TAIWAN DESIGN WEEK '86 TAIWAN GOOD-DESIGN TAIWAN INTERCOLLEGIATE TAIWAN HANDICRAFTS PRODUCT EXHIBITION DESIGN EXHIBITION SHOW EXHIBITION DATE: MAY 9-13,1986 SHOW GROUND: EXHIBITION HALL,TAIPEI WORLD TRADE CENTER 5 HSINYI ROAD, SECTION J, TAIPEI, TAIWAN, R.O.C. A BUSINESS OPPORTUNITY YOU CANT AFFORD TO MISS Taiwan Design Week, '86, which com prim the243 words
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Advertisement91 1986-04-01 4 This announcement appears as a matter of record only The Shipping Corporation of India Ltd U5534,200,000 Medium Term Loan v v Lead Manager < State Bank of India Managers The Bank of Nova Scotia Asia Limited The Bank of Tokyo, Limited Citicorp Investment Bank (Singapore) Limited Gulf International Bank B.S.C.91 words
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Page 5 Advertisements
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Advertisement240 1986-04-01 5 Wake up in Bombay, Delhi or Abu Dhabi. i j/ f Mlllli j, m Wi" u v Or sleep all night on SAS. Nearly all flights to Europe depart from Singapore about the same time in the evening. And nearly all off them arrive at the same time in the240 words
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OVERSEAS
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454 1986-04-01 6 Committee aims to cut trade surplus Reuter AN AD HOC advisory committee of Prime Minister Yasuhiro Nakasone is likely to call for sweeping changes in Japan's economic policies and national living patterns to cut its trade surplus. The committee, headed by former Bank ofReuter - 454 words
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Article557 1986-04-01 6 UPI IF AMERICANS trying to sell US products in Japan find it tough to understand what goes on in a meeting with Japanese businessmen, they will find it nearly impossible to understand what happens when they leave the room. It is this "inside view"UPI - 557 words
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274 1986-04-01 6 AFP CHINA MUST END its phobia of capitalism and stop considering foreign debt, inflation and deficits as certain evils, a well-known Chinese "red capitalist" said on Sunday in an article in the People's Daily. The article by Rong Yiren, the chairmanAFP - 274 words
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347 1986-04-01 6 UPI THE MALAYSIAN ECONOMY is expected to recover moderately in 1986 to register a 3.3 per cent growth if the sharp fall in oil prices, interest rates and the US dollar fuel an upturn in the economies of industrialised nations. TheUPI - 347 words
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Article, Illustration282 1986-04-01 6 UPI SABAH Chief Minister Joseph Pairin Kitingan said his ruling party had discovered a plot by the opposition to topple his government once they formed a coalition to rule the state. Last week, he accepted in principle a plan presentedUPI - 282 words
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369 1986-04-01 6 UPI THE AUSTRALIAN government, although opposed to the Star Wars programme, is expected to allow private companies to take part in the US Strategic Defence Initiative so the country does not "cut itself out of the 21st century". The Sydney Morning HeraldUPI - 369 words
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166 1986-04-01 6 AP NEARLY US$lO million taken from the New York branch of the Philippine National Bank was used by the family of former Philippine president Marcos. The San Francisco Examiner reported on Sunday that the money included $1.06 million for two parties held by Marcos's wife,AP - 166 words
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Article66 1986-04-01 6 Reuter INDONESIA will still give tax concessions to exporters in spite of pledging under the General Agreement on Tariffs and Trade to scrap them by today. The export certificate facility, by which manufacturers can claim tax refunds on all inputs for products they export, will remain untilReuter - 66 words
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333 1986-04-01 7 UPI ETHIOPIANS, saved from a massive famine by a global relief effort last year, are facing starvation again. But this time, the world appears less interested in their plight. The Ethiopian government and Western relief agencies yesterday said that food supplies in some areasUPI - 333 words
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390 1986-04-01 7 AFP AFRICA is going to the special UN General Assembly session in New York in May not "to attract sympathy with a beggar's bowl in hand" but to seek aid that will complement considerable domestic resource mobilisation. Ide Oumarou, the secretary-general ofAFP - 390 words
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Article830 1986-04-01 7 ARRIVALS Operator Service number Local time From SIA UA CAL LTTA SV MAS MAS MAS MAS SQII7 UA21 CI341 UT3519 SV398 MH601 MH681 MH8U MH671 0005 0215 0255 0330 0440 0720 0820 0910 0920 KUL LAX/NRT/BKG TPE NOU JED/RUH KUL KUL PEN KUL SIA CPA RBA SV830 words
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177 1986-04-01 7 Reuter FEBRUARY machine tool orders in the US rose 10.7 per cent from January but were down 11.1 per cent from February last year. The National Machine Tool Builders' Association said yesterday that exports of American machine tools were beginning to rise, possibly inReuter - 177 words
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105 1986-04-01 7 AFP APRIL FOOL's Day, which is recognised throughout Europe, was born in a chateau near Lyon, France over four centuries ago. According to French officials, on Aug 9,1564, Charles IX, King of France, signed an edict in the chateau of Roussillon, laying downAFP - 105 words
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Article206 1986-04-01 7 NYT AS A CRUSADER against the ills of tobacco use, US surgeon general C Everett Koop has few peers. He has travelled the US making speeches, helped persuade Congress to require more health warnings on cigarette packages and issued a number of reports, the latestNYT - 206 words
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Article, Illustration393 1986-04-01 7 UPI A KEY OPEC MINISTER has warned that oil prices might drop even further to US$5 a barrel unless member producers and non-members cut production by at least three million barrels a day to absorb present surplus. United Arab Emirates OilUPI - 393 words
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Article, Illustration438 1986-04-01 7 Reuter AFP US ASSISTANT SECRETARY of State Richard Murphy has said the US may hold future naval manoeuvres in the Gulf of Sirte to challenge Libya's claim that they are national waters. In an interview on US television last Sunday, Mr Murphy said thatReuter; AFP - 438 words
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Article150 1986-04-01 7 AFP THREE YEARS of research on the US Space Defence Initiative (SDI) "Star Wars" has produced no significant scientific breakthrough and proven the idea largely unworkable, a study by three Democratic US senators claims. The study, released last Sunday by senators Lawton Chiles, BennettAFP - 150 words
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Page 6 Advertisements
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Advertisement221 1986-04-01 6 Mttif! Dyruity glob* I bourng tdfth'i mendum GLOBAL ADVANTAGES. market specialists in more than 40 countries throughout the world, all linked by state-of-the-art telecommunications. So the instant we see that the time is right to act, we can call our clients. And when new investment opportunities arise, naturally our clients221 words
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Advertisement262 1986-04-01 6 A TOP-LEVEL MEETING FOR INTERNATIONAL COUNTERTRADERS, BANKERS, TOP EXECUTIVES AND STATE OFFICIALS COUNTERTRADE TRENDS: PROSPECTS AND CHALLENGES IN THE ASIA-PACIFIC REGION 9-10 SEPTEMBER 1986, SINGAPORE OtgamstdOy KtIMESC (INFERENCES wholly-owned subsidiary of Times Publishing Bhd Meet Speakers Thomas M Gottlieb, MG Services Ltd, Waclaw A Slezak, Centro Internationale Handelsbank AG, Alan262 words
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Page 7 Advertisements
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Advertisement104 1986-04-01 7 At our breakfasts the waiters are not the only ones taking orders. We've seen many a deal closed over a smoked trout and caviar petit dejeuner. We work on the business principle that it is never too early in the day to make a good impression. It's not every day104 words
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Page 7 Miscellaneous
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Miscellaneous59 1986-04-01 7 Doonesbury PEAR OOP, TOMYI WROTE A LSTTER TO PRESIDENT REA6AN. Si w. I m CO sMMtnnMMWMiiHnw I TOLD HIM "BOUT HOW CAREFUL UJ&VE RN HERE, EHBZ. SNC£ HE WARNEDUSBOUT THE SEA OFREPLAPHN'AT AMERICA'S BORDERS. 9 M BUT I ALSO TOLD HIM TTPIPNT SEEM FAIR. HARUN6EH IS 27 MI3S FROM THE59 words
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FEATURES
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Article532 1986-04-01 8 IN INVITING PRESIDENT REAGAN for talks "anywhere in Europe" and "in the nearest future" to negotiate a general moratorium on nuclear arms, Soviet General Secretary Mikhail Gorbachev was making a calculated move in which he expected to be rebuffed. And rebuffed he was by the White532 words
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Article1599 1986-04-01 8 ZHOU MEI - Wage reform appears to hold the answer to the root causes of Singapore's recession. But doing away with the traditional wage structure or even several of its features raises a number of issues which have to be carefully examined, reports Economics Correspondent ZHOU MEI. ZHOU1,599 words
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822 1986-04-01 8 IS RELIANCE on wage policy as a tool of industrial restructuring wise? Wage policy comes into play when either equity or efficiency is sought. When the labour market is tight, as Singapore's has been, this instrument tends to be used for efficiency. But822 words
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238 1986-04-01 8 Do Net Smear - Letter to the Editor Do Net Smear Dear Sir, It is disheartening to note that even Business Times (for that matter, the Editor of Business Times too) does not know the correct name of our very own Singapore's society of accountants which, for238 words
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Page 8 Advertisements
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Advertisement87 1986-04-01 8 50... YOU THINK YOU KNOW ALL ABOUT Business VDt B NO 1 o v THERE'S NOTHING I' THEN ANSWER THESE QUESTIONS: Could bikers be pointing the way to economic recovery? Are Singapore private eyes a match for the Moriartys of the Computer Age? Is 9-to-5 the best way to tap87 words
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Page 8 Miscellaneous
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Miscellaneous711 1986-04-01 8 mmtMm CRYPTIC PUZZLE ACROSS 3 A motey gome (5) 8 With which the field marshal conducts things? (5) 10 Giant tin containing some tacks (5) 11 Anybody reading this (3) 12 DaJy letter to peruse' (5) 13 Rose Walker? (7) 15 Intended me to have a good book (5) 18711 words
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SPORTS
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502 1986-04-01 9 ELAINE KOH - By ELAINE KOH RIPPED SAILS, a broken halyard and a seasick crew didn't stop the Magic Dragon from collecting a clutch of trophies from the South China Sea Race. The sloop, belonging to skipper Ng Ser Miang, took line honours in its class, and was502 words
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Article, Illustration435 1986-04-01 9 Reuter BORIS BECKER broke out of his slump and snapped Ivan Lendl's winning streak at the same time as he scored a straight-set victory on Sunday to claim the Chicago Grand Prix men's tennis title. Becker, the reigning Wimbledon champion, defeated topseeded Lendl 7-6 (7-5) 6-3Reuter - 435 words
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691 1986-04-01 9 UPI RARE BRICK, A J Foyt's undefeated Kentucky Derby prospect, showed over the weekend that be has great heart to go with his blistering speed by twice holding off challenges to win Oaklawn Park's U*****,600 Rebel Stakes for 3-year-olds byUPI - 691 words
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Article, Illustration388 1986-04-01 9 Reuter JOHN MAHAFFEY came from four strokes back to overtake a fatting Larry Mize and claim the US$9OO,OOO Tournament Players Championship on Sunday with a 72-hole total of 13-under-par 275. Mahaffey shot a final-round 71 to seize a one-shot victory over third-roundReuter - 388 words
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Article, Illustration595 1986-04-01 9 WALTON MORAIS - MASTERS 1986 By WALTON MORAIS SINGAPORE'S Lim Kian Tiong showed in the Thailand Open that he is ready to spearhead the campaign for redemption by the Republic's professional golfers in the $80,000 Rolex Masters's championship beginning with the Pro-Am at Bukit today. The Singapore595 words
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210 1986-04-01 9 AP DALE DOUGLASS of the US. fired a 6-under-par 66 on Sund«j[ to give him a 54-hole total of 2QC2 and a three-shot victory over», countryman Chi Chi Rodriguez in the U*****,000 Johnny Ma this Seniors Golf Tournament. Douglass, who turned 50 oftMarchAP - 210 words
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Page 9 Advertisements
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Advertisement55 1986-04-01 9 m f/i Quick Budget Lunch for Busy Executives only $6/- per dish 1 Choose from over 40 delicious Cantonese and Szechuan dishes. Best selections and special menu available to help you S'« ive sa m= »"■> i RED LANTERN REVOLVING RESTAURANT (PTE) LTD 60A Change Alley Aerial Plata Collyer Quay55 words
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Page 9 Miscellaneous
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Miscellaneous1296 1986-04-01 9 to sm mm TUESDAY PREMIERE Damnation Allay 10.30 pm, Channal 5 Two Air Force officers (George Peppard and Jan Michael Vincent) find themselves forced to team up when the earth is devastated by a nuclear holocaust and they are among the few survivors. As they lead their small band of1,296 words
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INTERNATIONAL COMPANY NEWS
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802 1986-04-01 10 NYT WHEN AMOCO Chemicals Corp and Samsung of South Korea embarked on a joint venture some years ago to produce polyester fibres, they ran into an unexpected hitch. Their factory began producing fibres just as a supply surplus hit the market. Inventories piledNYT - 802 words
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Article305 1986-04-01 10 NYT AT TIMES, investor preoccupation with the Dow Jones Industrial Average has been misplaced because its performance was out of step with the rest of the stock market. But in the last six months, as the Dow surged a record 500 points, the marketNYT - 305 words
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187 1986-04-01 10 Reuter THE AUSTRALIAN National Companies and Securities Commission (NCSC) will not prosecute BeD Resources if it fails to proceed with a bid for Broken Hill notified on Feb 2. In spite of the withdrawal last week of its formal partialReuter - 187 words
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864 1986-04-01 10 NYT WHEN THE NEXT generation of computer memory chips takes over, Texas Instruments Inc Is likely to be the only US challenger to the Japanese in a key sector of the semiconductor market. The company is pursuing production of a type of chip that most otherNYT - 864 words
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Page 10 Advertisements
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Advertisement548 1986-04-01 10 BSB m Wmssz id wise, time sad iiiMttii VSJUIOP m>>u m The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast548 words
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Advertisement156 1986-04-01 10 Compliments of the house At Fing Cheng Lou.Teochrw Seafood is our speciality And to salute all you nod customers, a free dish of deep-fned prawn meatballs is yours when you order from the a la carte menu. Come soon for lunch or dinner and treatyourself to our delicious delicacies Singapore's156 words
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ASIAN STOCKS
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Article364 1986-04-01 11 TOKYO: Share prices yesterday leapt in hectic trading to push the market average up 268.85 to a record 15,859.75, surpassing the previous high of 15,590.90 hit at Saturday's close. Turnover was 12.5 billion shares against 600 million on Saturday. Brokers said large capital shares led the market, bought heavily364 words
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Article229 1986-04-01 11 MAI 31 Al Smcere Indus NT 2 81 -0 14 ■06 -09 Non Yo Ptos Pacific Cons Pocihc Elact Wire 3500 23 90 14 75 -07 -07 -0 55 32 30 Poolung Poper 132 -0 06 Chang Hwa Bank Chan Loong CNo Hsm Cement China Chem 49 20 23229 words
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Article107 1986-04-01 11 BANGKOK: The Securities Exchange of Thailand Index dipped 0.37 to 129.85. Turnover amounted to 75,389 shares valued at 10.5 million baht. MAR 31 Behts Stam Citizen Stom City imp 438 -2 Alio Fibre Ayuthoya Inv And Trust South AiKj Fibre 148 unch The* tomm€fc»al Bonk 448 Bangkok Bank 194107 words
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Article73 1986-04-01 11 MAI 31 P«o» Oriental B PWe» B 0009 -0001 0 2050 unch Aco«c Mm«>g Picop B 80 3 5 Apex Mwwig B Atktt Con B Boguo Go4d Bone Petroleum 0013 18 0003 110 0 002 05 ***** unch Podco B Pogei Son Miguel B ...39 -0 5 CDCP Saofior*73 words
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Article90 1986-04-01 11 MAR 31 Bonk Seoul Won 618 unch Hyundai Corn! Hyundai Motor KAL 1099 2310 1205 661 16 10 33 +6 Choheung Bk Commercial Bk Doekm Ind Daewoo Corp Daewoo Ind Dong Ah 576 656 596 1100 1345 536 unch 11 -14 77 80 -9 Yukong Korea Ship Lucky Ltd90 words
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221 1986-04-01 11 Reuter JAPAN'S four major securities houses have forecast record net profits in the first six months of their fiscal year starting Oct 1, with income boosted by equity transactions and bond sales. Nomura Securities Co Ltd, Japan's largest brokerage firm, predicts parent net profitReuter - 221 words
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685 1986-04-01 11 Trading under strict rules UPI STOCK TRADING in Hongkong will lose some of its glamour and free-wheeling character with the merger tomorrow of the colony's four exchanges in a new computerised trading hall under strict new rules. Directors of the new Stock Exchange ofUPI - 685 words
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Article192 1986-04-01 11 Reuter HONGKONG'S unified stock exchange will have its own share index when trading begins tomorrow. The chief executive of the exchange, Jeffrey Sun Hon Kuen, said the Hongkong Index will comprise 45 stocks, making it a broader market indicator than the existing Hang Seng Index, whichReuter - 192 words
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Page 11 Advertisements
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Advertisement569 1986-04-01 11 Tha Sydnay and Hongkong market* war* cloaad yaatarday for Eaatar Monday T The start of an experience so authentic yet unique. ■va Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA'MANI fiULUJS Pattaya Hawker Food anil Dessert Buffet. \The best of Pattaya. A sumptuous569 words
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Advertisement158 1986-04-01 11 *> You can taste it with your eyes lIIMCH (Daily) $14.00 for 2 persons (4-course Set Lunch) $21.00 for 3 persons (5-course Set Lunch) $28.00 for 4 persons (6-course Set Lunch) $35.00 for 5 persons (7-course Set Lunch) pnHsnnG R€STFHJRf¥TT 2nd Storey RELC, 30 Orange Grove Road. Singapore 1025 (Next158 words
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RAW MATERIALS
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Article, Illustration357 1986-04-01 12 Bernama PEPPER PRICES are expected to remain stable and firm throughout this year and possibly next year in view of the present tight world supply situaJtion. In fact, pepper is enjoying the most favourable prices in 35 years, in contrast toBernama - 357 words
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504 1986-04-01 12 Bernama THE INTERNATIONAL Natural Rubber Agreement (Inra) has benefited natural rubber producers as it has managed to prevent prices from falling further than they would have in freemarket conditions. Malaysian Primary Industries Minister Datuk Paul Leong said in Kuala Lumpur yesterdayBernama - 504 words
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232 1986-04-01 12 Reuter THE THAI Cabinet yesterday approved an Industry Ministry proposal for adopting a more independent tin price fixing policy in the continued absence of quotations from the Kuala Lumpur Tin Market (KLTM), a government spokesman said. Thailand will only resume its previousReuter - 232 words
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Article107 1986-04-01 12 Reuter THE LONDON Metal Exchange (LME) has issued a revised list of ring trading tiroes ahead of the introduction of new copper contracts today, and deleted the periods previously set for tin. During the interim period from April 1 to June 30, while both oldReuter - 107 words
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630 1986-04-01 12 UPI INDONESIA, which gave coffee the nickname Java, is set to cash in on a severe drought that has devastated the crop in Brazil, the world's largest producer of the morning pick-me-up. The Brazilian drought has caused pricesUPI - 630 words
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475 1986-04-01 12 Bernama TRADING VOLUME in the crude palm oil futures contract has gradually increased to exceed 2,500 tonnes per day on the Kuala Lumpur Commodity Exchange (KLCE), Malaysian Primary Industries Minister Datuk Paul Leong has said. He was confident that trading volumeBernama - 475 words
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Article186 1986-04-01 12 AFP COAL EXPLORATIONS in Kalimantan and Sumatra islands have found 1.5 billion tonnes of coal deposits and there are further deposits in the areas estimated at 3.5 billion tonnes, Mines and Energy Minister Subroto has said. The 1.5 billion tonnes of coal deposits were foundAFP - 186 words
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Article194 1986-04-01 12 MALAYBIA THE MARKET yesterday closed slightly lower in dull trading at 197.50 cents per kilo for April Int One RSS buyer, down half a cent from Thursday's close, dealers said. Conditions were dull throughout and prices hardly moved from the morning levels as most operators were away for the194 words
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409 1986-04-01 12 Reuter SIKH EXTREMIST violence threatens the arrival in Punjab state next week of thousands of Hindu workers to harvest a record wheat crop in a region known as the breadbasket of India. After 33 Hindus died in weekend attacks, Amritsar police chief SS VirkReuter - 409 words
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Article108 1986-04-01 12 NO PRICE was again fixed sa the Kaala Lumpur Tin Market (KLTM) yesterday, as total bids aad offers fell short sf the aew ruling requiring each day's trades to be more than II tones, a KLTM official said. Ns price has bees fixed sa the exchange since March108 words
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Article66 1986-04-01 12 Bangkok (USS/toMw, FOB) Whit* Rice 100% 1st doss 250 100% 2nd closs 225 100% 3rd doss 220 5% 210 10% 205 15% 200 20% 190 25% 180 35% 175 Broken Rice A-l Super 120 A-1 Special 117 C-1 Special unq C-l Od unq Loonzoin Rice 100% 1st grode unq66 words
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Article198 1986-04-01 12 MALAYSIAN crude palm oil prices yesterday closed higher on late covering and speculative buying, prompted by firm palm oil futures. The market started cautiously following the closure of the Chicago soya complex on Friday, dealers said. Sentiment was supported by India's palm oil purchases at its weekly import198 words
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Article147 1986-04-01 12 Chinese Produce Exchange Sailers' neon dosing prices on Mor 31 (SS/100 kg). Coconut oil Bufc FOB 50 00 Old drum FOB 63 00 New drum FOB 67.00 Copra Mixed (loose) 28 buyers Pepper Muntok White FOB NLW 1300 00 Sarawak White FOB foq NLW 1285 00 Sarawak special147 words
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Page 12 Advertisements
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Advertisement231 1986-04-01 12 KtAH JOO CAN FACTORY BCRHAP RESULTS FOR THE YEAR ENDED 31 ST DECEMBER, 1985 1985 RESULTS The profit before taxation of the Group and Company for the year ended 31st December, 1985 were 45% and 57% respectively lower than that of 1984. The lower profits were largely due to increase231 words
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SHARE INFORMATION
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Article, Illustration4146 1986-04-01 13 LATE window-dressing and renewed interest in Malaysian second liners halted the erosion of shares prices on the Singapore stock market yesterday, but failed to prevent the market from closing slightly easier. The BT Composite Index fell 2.32 points to 496.96 and the Straits4,146 words
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Article272 1986-04-01 13 SINGAPORE n co c iiiylCW n,8C March 27 Mord. 31 Rosy Etact 253 4 35 «T Compovt. 499 28 496 96 Bartoyo Corpx 110 412 IT Macatar *****64 *****96 Sataras Rat 65 4 12 8T08/0S 4157 4182 G Lumbar 67 411 IT CAM -7140 -71M kafMHitai 160272 words
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Article2740 1986-04-01 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".2,740 words
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Article105 1986-04-01 13 Thursday 1811.0 HONGKONG Week ago 1815.0* Hang Seng Index NEW YORK Monday Closed Thursday 1625 94 Week ogo 1635 29 Dow Jones Thursday 1821.72* TOKYO Wednesday 1810.70 Week ago 1804 24 Nikkei Average Monday ***** 75* Standard Poors Thursday 238 97 Wednesday 237.30 Week ogo 236 54 Saturday105 words
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Article274 1986-04-01 13 Monogers' prices for April 1 MARA-Bumiputra First B'putra 4 29 4*34 Singapore Unit Trust Second B'putra Third B'putra 382 3-87 3 28 3.'33 The Commerce 0 80 0 85 Fourth B'putra 3 51 3 56 The Sovmgs.Fund 0 63 0 68* Fifth B'putra 2 22 2 27 S'pore274 words
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Page 13 Advertisements
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Advertisement11 1986-04-01 13 KL market report, Business done on the KL3E See page 1411 words
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COMPANY NEWS
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489 1986-04-01 14 Bernama THE NEW Malaysian takeovers and mergers panel has worked out a formula to simplify and speed up applications for takeovers and mergers, its chairman, Raja Tan Sri Mohar Raja Badiozaman, disclosed. He said the panel recognised that in takeovers and mergers,Bernama - 489 words
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Article, Illustration368 1986-04-01 14 AMY CHEOK - Rise of 40pc in group pre-tax profit By AMY CHEOK SINGAPORE BUS SERVICE (1978) Ltd has stood out as one of the handful of companies to turn in record results for fiscal 1965. For the 12 months ended Dec 31, 1965, SBS chalked up368 words
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248 1986-04-01 14 MBT OYL INDUSTRIES Bhd, a manufacturer and distribu- tor of air-conditioners, is the first Malaysian company to go public this year. The company had received approval from the authorities earlier this month for a public offer of shares. It sent in its applicationMBT - 248 words
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604 1986-04-01 14 SOFTER CONDITIONS prevailed at the Kuala Lumpur stock market yesterday and share prices retreated into the minus territory. Losses were widespread but marginal. A handful of situational counters mustered enough support to buck the trend. Situational stocks and second and lower liners were especially active.604 words
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Article3032 1986-04-01 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. MDUSTMALS Ajwomoto Col Amd (3.865) Akom (0 538 0 545)3,032 words
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Article, Illustration319 1986-04-01 15 AMY CHEOK - By AMY CHEOK FABER MERLIN BHD, the hotel and property group, has plunged sharply into the red at half time and is skipping its interim dividend. The fierce competition in the hotel industry and the high overhead costs of running the overseas hotels319 words
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Article300 1986-04-01 15 HOMER CHEN - By HOMER CHEN FOOD MAKER Cerebos Pacific Ltd is paying its UK parent Ranks Hovis McDougall PLC £4.33 million (about 513.8 million) cash for the acquisition of certain trademarks and licences. The rights to use these trademarks are now made available to Cerebos and its300 words
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Article690 1986-04-01 15 LORETTA McLAUGHLAN - Hotel group makes provision for investment losses of subsidiary By LORETTA McLAUGHLAN SEALION HOTELS Ltd, the owner of the prestigious Hyatt Regency Hotel in Scotts Road, is making a huge $63.5 million provision to cover losses arising from the investment activities of its one-time wholly-owned subsidiary,690 words
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Article, Illustration659 1986-04-01 15 CHAN Ol CHEE - By CHAN Ol CHEE THE JACK CHIA-MPH group has disposed of four properties, representing the bulk of its real estate investments in Melbourne, Australia, for A 568.3 million. At the same time, the group, led by its enterprising chairman, Mr Jack Chia, has secured funding facilities659 words
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Article476 1986-04-01 15 HONG FOR CORP LTD: This property group incurred group pre-tax loss of $4.59 million (profit of $11.11 million) on turnover of $46.72 million ($56.05 million) and investment income of $541,000 ($l.lB million) for the year ended Dec 31, 1965. After tax and minorities, losses widened to $7.05 million476 words
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537 1986-04-01 15 MBT STOCKBROKING FIRM Razak and Ramli has been suspended from trading until further notice for failing to honour its commitment with another stock broking house. In a brief statement, the Kuala Lumpur Stock Exchange (KLSE) said the exchange committee decided at its meetingMBT - 537 words
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Article224 1986-04-01 15 CITY DEVELOPMENTS LM has recommended a first and final dividend of 15 per cent less tax for fiscal 1965 which will be paid on or around July 4. Its 75 per cent owned subsidiary, Idas'* H»tel Ltd has recommended a first and final dividend of of 5 per224 words
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229 1986-04-01 15 Bernama MALAYSIAN AIRLINE System (MAS) has estimated that it will save between Mss million and HO million a year, if the current downtrend in oil prices persists, according to its managing director, Datuk Abdul Aziz Abdul Rahman. A one US cent perBernama - 229 words
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Page 14 Advertisements
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Advertisement582 1986-04-01 14 NOTICES REPUBLIC OF SINGAPORE C«mpaales Wladlag Up N«. KOtMi > la the Matter M the Cmnpaaies Act (Chapter 185) AND la the Matter tt SO PAR L« P SMI '?l]Cl [Isi (PRIVATE) LIMITED ADVERTISEMENT OF PETITION NOTICE is hereby given that a Petition for the winding up of the abovenamed582 words
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Advertisement528 1986-04-01 14 IN THE MATTER OP THE COMPANIES ACT, (CHAPTER pi) AND IN THE MATTER OP YONG-GAO REALTY PTE LTD (lietrpinM la the RepabUc M Btagap«re) (IN LiQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of memebrs of YONG-GAO REALTY PTE LTD duly convened and held at 5001 Beach Road, #04-20,528 words
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Advertisement535 1986-04-01 14 IN THE MATTER OP THE COMP ANIEB AC7T (CHAPTER 18i) AND IN THE MATTER OP ICM M y.\ 1.-iK T J) 'J > 't»I >*• PTE. LTD. (liewfinM la the Repabtk--1 afaagapcre) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of members of INTEGRATED PROPERTIES PTE. LTD. duly535 words
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Advertisement494 1986-04-01 14 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 1M) AND IN THE MATTER OP VIDEOLAND PTE LTD (laearpmM la tfce BcpaUt «f mwn) (IN UQUIDAnON) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of members of VIDEOLAND PTE LTD duly convened and held at 5001 Beach Road, #04-20, Golden Mile494 words
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Page 15 Advertisements
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Advertisement58 1986-04-01 15 PILECON PILECON ENGINEERING BERHAD (Incorporated in Malaysia) CHANGE OF REGISTERED OFFICE Please be informed that the Registered Office of the Company is at the following address with effect from Ist. April, 1986: No. 26, Jalan Overseas Union Overseas Union Garden Bth Mile, Off Jalan Klang Lama ***** KUALA LUMPUR. BY58 words
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Advertisement215 1986-04-01 15 fm ki l4§ Ftvnch betterarrywherv else? If you haven't dined at Le Gourmet, you've been missing out on a lot. Like our Le Somptueux Buffet Lunch. We let you pick your favourite starter and dessert, and while you enjoy your appetiser, our chef will specially prepare a main course of215 words
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485 1986-04-01 16 LIM SOON NEO - By LIM SOON NEO ELECTRONIC COMPONENT manufacturers in Singapore and the region can expect sales this year of up to $1.6 billion to major international purchasing offices (IPOs) already in the Republic. This projection was made by Trade and Development Board manager (electronics)485 words
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YESTERDAY IN PARLIAMENT
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312 1986-04-01 16 ADMINISTRATION of the Securities Industry Act will be handled by a new unit of the Monetary Authority of Singapore, which will be staffed with more specialists, said Dr Richard Hu. The Finance Minister also revealed that the Kuala Lumpur Stock Exchange (KLSE) has312 words
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365 1986-04-01 16 LOH HUI YIN - By LOH HUI YIN THE LIMIT to the amount of savings that members of the Central Provident Fund will be allowed to invest in shares, loan stocks and unit trusts, has been doubled to 20 per cent. This was to365 words
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Article448 1986-04-01 16 ALVIN TAY - By ALVIN TAY THE FUTURES Trading Act will cover only contracts based on commodities which are listed on the Singapore International Monetary Exchange. Dr Richard Hu told Parliament yesterday that the Act is limited to the regulation of trading in gold and financial futures contracts,448 words
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320 1986-04-01 16 COMMERCIAL properties such as office space, factories, shops and warehouses in Singapore will be among the types of non-residential properties which CPF members will be allowed to buy with their funds. Leasehold properties must have at least 75 years of the lease remaining to be320 words
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95 1986-04-01 16 ALLOWING unemployed members to use their CPF savings as unemployment relief will weaken the work ethic of Singaporeans and their willingness to adjust to circumstances, said Lee Yock Suan. The Acting Labour Minister said it would "delay and impede" the process95 words
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321 1986-04-01 16 SINGAPORE'S exports continued to slide in February after a bad start at the beginning of the year but the cumulative trade deficit for the first two months of the year has narrowed compared with the same period last year. After a 21 per321 words
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216 1986-04-01 16 Bernama THE PHILIPPINES would like to play host to the next Asean summit, Foreign Minister SDhanabalan said in Manila yesterday. Speaking to newsmen after meeting his Filipino counterpart, Salvador Laurel, he added: "But of course, we could not fix the time for theBernama - 216 words
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Article72 1986-04-01 16 OOMEX SILVER futures yesterday dropped to their lows for the year on general liquidation early following an Opec member's assessment that crude oil prices could slump to US$5 a barrel if the cartel fails to cut output. In active dealings, silver for delivery in May dropped 22.5 US72 words
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Article60 1986-04-01 16 Reuter THE NEW YORK stock market was mixed yesterday. Traders said end-of-quarter profit taking created some initial pressure, but declines were small, with lower interest rates and oil prices lending support. The Dow Jones Industrial Average was up two points at 1823, and declines led advances byReuter - 60 words
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LATE FILE
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48 1986-04-01 16 AFP IN AN apparent snub, Malaysian Prime Minister Or Mahathir Mohamad yesterday cancelled a scheduled meeting with Sabah Chief Minister Joseph Pairin Kitingan. "Dr Mahathir has a very heavy schedule and therefore cannot meet Mr Kitingan," a spokesman for the Prime Minister said.AFP - 48 words
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48 1986-04-01 16 Reuter TAIWAN'S unemployment rate rose to 3.33 per cent of the workforce in February from 153 per cent in January due to a sharp rise in layoffs in the manufacturing sector, a spokesman for the Council for Economic Planning and Development said.Reuter - 48 words
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42 1986-04-01 16 AFP THE ITALIAN wine scandal yesterday continued to spread panic throughout the country, with 11 dead and 40 in hospital, as police started investigating five main dealers suspected of adding methanol acid to their product. AFPAFP - 42 words
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Article32 1986-04-01 16 Renter INDIAN POLICE reinforcements yesterday kept a shaky peace in battered Punjab state where an explosion of Sikh extremist bloodshed at the weekend left 33 people dead. RenterRenter - 32 words
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Article37 1986-04-01 16 UPI SMALL HOMEMADE rockets were fired yesterday at thehistoric palace in Tokyo where Western leaders will meet for the May economic summit, injuring a police officer, police said. One suspect was reported arrested.UPI - 37 words
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Article31 1986-04-01 16 Reuter CHINA'S Communist Party welcomes growing links with Soviet allies in East Europe but still rules out links with the Kremlin, a party spokesman said yesterday.Reuter - 31 words
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Article60 1986-04-01 16 Bernama THE RETAIL PRICES oI petrol and petroleum prices will be reduced again from today the second time for this year. The Trade and Industry Ministry said yesterday that the retail price of premium petrol will be cut by four cents a litre in Peninsular MalaysiaBernama - 60 words
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Page 16 Advertisements
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Advertisement50 1986-04-01 16 The Most Enviable Bankin Hall in Town is Now Available to One Bank. Maybe, Your Bank. In the heart of the banking financial district Highly visible CORNER ground floor banking hall with vault Approx. 30.456 sq ft call 221 8780, 221 0915 or 221 2868 for lease applications further details.50 words
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Advertisement162 1986-04-01 16 Piping hot coffee for only 12C Yes, that's all it'll cost you for a cup of piping hot coffee from Cafe-Bar; the instant beverage dispenser that more and more companies in Singapore are using to cut costs. Consider the savings. A cup of coffee from the canteen costs 50c-60*, but162 words
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Page 16 Miscellaneous
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Miscellaneous57 1986-04-01 16 Outlook for today: Showers over severol oreas in the kite afternoon and early evening. Rep ort for 24 hours prior to 7.30pm on Mar 31 at the oirport: Maximum temperature 32.7 Associated humidity 65 Minimum temperature 24.0 Associated humidity 96 Hours of sunshine 6.50 Rainfall in millimetres nil Roinfoll this57 words
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SHIPPING TIMES
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Article, Illustration610 1986-04-01 17 SHAHRIR ARIFF - By SHAHRIR ARIFF TEMASEK HOLDINGS, the investment arm of the Singapore government, and Sembawang Towing Company have committed $35 million to buy the core salvage fleet of Selco. They have set up a new company, Sembawang Salvage Co Pie Ltd (Semco), to compete in the international610 words
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310 1986-04-01 17 A SIZEABLE drop in net profits this year has been forecast by Yang Ming Marine Corporation, Taiwan's national shipowning enterprise. The company expects Srofits in the year to une 30 to be dragged into single figures because of the sharp fall310 words
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152 1986-04-01 17 AFP CHINA HAS built its first platform for offshore oil exploration, the New China News Agency (NCNA) said. The platform, built in the naval shipyards of the eastern city of Dalian, can produce 5,600 barrels of crude oil and 40,000 cubic metres of natural gasAFP - 152 words
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PORT SIDES
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Article141 1986-04-01 17 THE SIZE OF the American fleet registered domestically and elsewhere, are on a decline. Statistics released by the US Maritime Administration show that the privately-owned merchant fleet comprised 604 vessels amounting to 24 million dwt on Dec 1, 1985. Of these, 484 were ocean-going141 words
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496 1986-04-01 18 FT IMPORTERS BASED IN northern Nigeria have, for the past four years, been able to avoid the frustration and costly delays at Lagos port by using the services offered by Inland Containers (Nigeria) Ltd. Containers are cleared by customs and shipping formalitiesFT - 496 words
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224 1986-04-01 18 UPI THE BATTLESHIP on which the Japanese surrender ending World War n was signed in Tokyo Bay will be recommissioned in ceremonies on May 10, the navy has announced. The USS Missouri had been scheduled to be recommissioned in Long Beach, whereUPI - 224 words
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Article256 1986-04-01 18 AFP TANKER rates failed in most cases to respond to brisker activity ahead of the long Easter break, against a background of over-a-bung a tonnage. The clashes between the United States and Libya in the Gulf of Sirte had little apparent effect on rates for Mediterranean business, althoughAFP - 256 words
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1616 1986-04-01 18 Lloyd's Maritime Asia CLAIMS OF RAPID and healthy growth in the current shipping market are often viewed with suspicion. Yet that is the situation for dry cargo brokers in Thailand. While Thailand possesses only a small fleet, it is one ofLloyd's Maritime Asia - 1,616 words
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Article622 1986-04-01 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL M 2/3 ASCL 1 Bolt-Conodo Line VI 4/5 Bolt-Orient Line VI 4/5 Bonk Line V 5 B8S 1 4/5 Ben Line Cont V622 words
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Article, Illustration132 1986-04-01 18 NIPPON YUSEN KAISHA and Kanagawa Pump Co Ltd oI Yokohama have jointly developed a hy-draulic-vibration device to assist in unloading bulk container cargo. The hydraulic driven vibrator unit called the Vibracon is fitted under the rearwheels of the truck. It starts to vibrate132 words
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200 1986-04-01 19 KAOHSIUNG posted the highest global growth figures for container throughput in 1964, according to statistics compiled by Containerisation International Yearbook of 1906. The port which ranks fifth in the pecking order, registered an increase of 21 per cept to 305,484 TEUs that year. However, the200 words
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354 1986-04-01 19 FT BRITISH EXPORTERS are at a severe disadvantage against European competitors because of higher liner freight rates, the Department of Transport said. The difference arose from higher UK port charges, which were an average of 60 per cent above northern EuropeanFT - 354 words
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315 1986-04-01 19 Lloyd's List THE LAKES STAR, a bulk carrier belonging to the financially troubled Wan Kwong, is to be auctioned in Hongkong today. Approval for the sale was granted by Judge Mayo of the Hongkong Supreme Court following an application for sale byLloyd's List - 315 words
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Article275 1986-04-01 19 AFP THREE OIL TANKERS were damaged in the Gulf last weekend as Iran and Iraq resumed attacks on tankers after a nine-day lull and fighting at Iraq's Faw peninsula. Crewmembers said by telephone that Iranian helicopters had slightly damaged the 96,000-tonne Panamanian oil tanker SteliosAFP - 275 words
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187 1986-04-01 19 A NEW DEEFWATER seaport costing an initial US$l5O million will be built near the Caribbean resort of Cancun. The new port, designed and constructed by Ingenieros Chiviles Asociados, will be financed by private investors. It will be built outside the small settlement187 words
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Article187 1986-04-01 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. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.187 words
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106 1986-04-01 19 Reuter A SOUTH KOREAN ore carrier is aground near Cape Town and beginning to break in two, a spokesman for Cape Town Port Control said. The 183,583 dwt Daeyang Family, owned by Pan Ocean Shipping Co Ltd of South Korea, ran agroundReuter - 106 words
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Article502 1986-04-01 20 April Profitability of small ships, 1740 hrs. The Hon Company of Master Mariners, HQS Wellington, Temple Stairs, Victoria Embankment, London WC2. April 14 Information on the quality of marine fuels which may be beneficial to improving existing standards 1790 hrs, Institute of Marine Engineers, 76 Mark Lane, London502 words
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6518 1986-04-01 24 3®aBG)(!EB 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 of6,518 words
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Article679 1986-04-01 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement ShJt> Voy date/time Operator cargo schedule Location N Crystol 33E 01.4.86 1600 NAPL F1 0700-0800 G3/N B Surra 076 ,01.4 86 1700 Ned-EAC F7 0800-0900 P4/N 0800-0900 S4/N B Dahlia 063 01.4679 words
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Article1686 1986-04-01 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Toy Enterprise* ft. Ltd Some (S) AB S*.pp«g Bousteod Shpg Agencies Aleo Lm African Shpg Aoencie* (S) Ahrenkiol Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShopmgA gencies (S) Multport Sdn Bhd (PK).1,686 words
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Article540 1986-04-01 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Forthbonk KIO Boustead alongside 01.4 86/0700 Motovun K30 East Mount alongside 01.4 86/0200 Ned Nassau Kl2 Ned-EAC alongside 01.4.86/1500 Niaga 31 K3l Foong Sun alongside 01.4 86/1500 Auby K24E SSPL 01.4 86/0900 02.4.86/2300 Bassem Kll Boustead 01.4.86/1800540 words
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Page 17 Advertisements
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Advertisement812 1986-04-01 17 l!L» THE HEART OFTHE juLi^n OOCL ORIENT OVEIQEAS CotUcum* LINE STRAITS EUROPE EXPRESS SERVICE kmgxomc romum oton*i cwr m KOREAN MCEJM 33* ■ftvk amm urn KOREAN CHANCE 2CW FYiuflf jnd fort Mm| cjtjo »u feeder vessel •Closii* Junes (S pore): Fa 2/4 0400 HRS La 1/4 1200 HRS NORTH AMERICA812 words
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Advertisement66 1986-04-01 17 UiMDB China agreed to inject more than US$lOO million into the Tung group after it was approached by two major Japanese creditors of the financially-troubled Hongkong group. P«g« II NORWEGIAN shipowner Leif Hoegh will be released from all further loan repayments on three Wortsilo-built conbulkers. Page 111 Index to advertisers66 words
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Advertisement1106 1986-04-01 17 ,:A BALT-ORIENT LINE *rrrgL Baltic Shipping Co Repiar Services from South East Ma to United Kingdom and nortn uonunentai rorxs Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT 11 DAYS ?»<". EXPORT1,106 words
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Page 18 Advertisements
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Advertisement411 1986-04-01 18 YAMA8HITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South Wm< Fudtr at Kao Pacific North Wast Faadar at Kao Atlantic/Canada Faadar at Koba FB7zBnnrTai racTTrMg'.aiiTai i iBi'jiiiBOTairapai MLWUJUI rUZMnTT—- Mil ii Mil 1 111 'IM I iW'iMIIHMII ll'iMII'JBII'iMl Also accaptmg LCL Cargo for USA Ports. 'Portland via SsattlsMIDDLE EAST Full Container411 words
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Advertisement248 1986-04-01 18 JLi N JL2. Supercarrier Service ir 4/4 7/4 >4/4 17/4 a/4 a/4 4/5 7/5 NUT AMWM.S MRKR MPT* 77/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA i a\ mrrm /5 12/5 /5 a/5 /5 3/1 '/I 12/1 Mn kc*HN caikt far Unata* (MB). 1 Fraajau. Oitai Ml* "4248 words
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Page 19 Advertisements
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Advertisement725 1986-04-01 19 The Straits Steamship Group occ Mansfield Container Shipping PteLtd Overseas Containers Limited :ONTAINFRSHtP SfRVICF TO UK CONTINENT man iv« u/« IMOn MT 21/4 22/4 OT^OTct—« N/5 N/5 FMMMFV9T EV9ESS 12/5 14/5 TWO EV9ESS 19/5 21/5 OTMO MMU 27/5 29/5 OHM MT 94/1 99/1 HBEMB 11/9 13/9 Alm Accepting Cargo For:725 words
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Advertisement579 1986-04-01 19 Franco Belgian Services I Ir, b r, ,/f. 0 I t <*!. rt I JT (MEMBER OF ACE CONSORTIUM! STQK PJELMB UMm I'tai rS*m mt comma QWn ft (3D it !",t! 35 Ift ".ft ".ft ".ft gag S5 £5! 3K SS SB SS SB SB SBS"" PC7TIM CtTVlft 73 Apr579 words
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Page 20 Advertisements
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Advertisement284 1986-04-01 20 Hapag-Lloyd TO CONTINENT UK EXPORTS FROM N CONTINENT &UK IMPORTS 4471t7t P. Mi *****00 CFS *****41 fmm 22*5(33 *****25/6/1. *****40 *****1 *****1 *****7, (***** (131(3 *****19, W LLOYD TRIESTINO (A mmbm M tt» UtO Oub) f Mill ifiinuitii CONTAINER SERVICE: Offering Special Container Services (FCL/FCL) 3 Sailings monthly te following284 words
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Advertisement99 1986-04-01 20 HG.&.line FULLY CONTAINERISED SERVICE [to EUROPE VIA SUE/1 8M emhet ol lh<- Ace Consroti:Kii HONGKONG COHTMO 4 ORBIT M. O® Ol KOKMt IMXJM 33W KTHN CtnTM. 34* FROM EIJROPF VIA SUEZ jj A Member of the Ace Consorts CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF LOADMG FOR CRYSTAL REED 2/4 MB* PMjijM.99 words
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Advertisement441 1986-04-01 20 /jf/ Hai Sun Hup Co (Pte) I td —TEL *****0b (20 Linos) TLX HS ***** «S ***** Q t I \S| IK\ K I I\l K III) Specialist in RO/RO Service Accepting heavy-Sfts upto 80 K/Tons Sainss from Japan SKI MGOVft in soma* cwss KTMU MTU V.l SKI MEBM 34441 words
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Advertisement634 1986-04-01 20 o EVERGREEN full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) scr mm ns us w ok tto rat as ntc ml mc fu bmi mi ub mp OM 6000 V« M/ 4 11/4 11/4 M/ 4 l«/« 15/4 (ft l» IV) 17/5 7/4 4/4 M/ 4 11/4 11/4 21/4 no GBAM)634 words
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Advertisement173 1986-04-01 20 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES RANEiTEHM Hem KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC srm I*** iM*«hr 12/4 Lm. Orabay, PJtaraby, Oceania Cwriw 1/5 laya, Lm. PJfartrty. SUN UNION LINE u T.VT.THiig-M TAIYO MARINE LINE m WEST AUSTRALIA SERVICE VSI PT KELANG173 words
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Page 21 Advertisements
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Advertisement877 1986-04-01 21 PACIFIC INTERNATIONAL LINES W\T\W\ PIL Building 140 Cecil Street. 03-00 Singapore 0 106 Tel *****33 FAR EAST CONTAINER SERVICE VESML QOWA KOTA SMOA MAJAF^HIT SIN JKT MY SIN S«NmI Salted SdM M« MM 31/3 5/4 1/4 14/4 M/ 4 11/4 21/4 •TCH TAICHUNO *MJR HKO KAO 'TCH KCC NUS *MTC877 words
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Advertisement638 1986-04-01 21 BENLINE CONTAINERS EXPRESS COOT MO SERVICE TO UK/ EXPRESS COOTAMER SERVICE FROM IK/CONTMENT ham b-hakmbimn hame ston i Eipms bM bM SM SM Sdri Bit SJM iM SiM SJM UM <f EMarfk SHt4 SjM thrt liprtn 2/4 4/4 E*m> 11/4 12/4 bM UN SM bM 2/4 2/4 4/4 5/4 7/4638 words
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Advertisement439 1986-04-01 21 l\" DJASAGETRI A Joint Europe Service Of. > P.T. DJAKARTA LLOYV e P.T. BESQM LLOYD P.T. tMWKM INOOIIESIA P.T. TMKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE 14/517/5 H/5 7/5 9/5 29/5 5/9 l/( 12/4 15/ C 9/9 9/9 22/5 1/5 3/9 S/C 19/9 12/1 Oubfrct toducovnont, Atoo »co»p«*w4439 words
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Advertisement306 1986-04-01 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE SIM (Burmese National Line) Loadnf for Ranfoon S'pw* Phathwefyawywi V2SSN hi PI Pi-an V93W D6CHMKM6 ONLY 1/2 Apr 30/31 2/4 Apr V* <11 '1 LVfOMK VI7II TMM VIM XTDEBAHK Vl7s 'OaiWMK VIC BANK LINE fMB p*t» tat Mraky/PCM/KMa/bM/KMt/lM) A HYUNDAI MERCHANT MARINE BULK TIMBER AND306 words
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Page 22 Advertisements
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Advertisement1326 1986-04-01 22 Li K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE Ftno «s. unaa smk pklg rue spore kok bmtaqul callao apka kjuqw amosta santonb »wf««o HMU MAULt 0501 Apr J Apr fi Apt (Apr U Hit Ik* IS km 11 km II h» 20 CENTRAL AMERICA/CARIBBEAN SEA fnsavsi mm *a wis m1,326 words
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Advertisement502 1986-04-01 22 G2 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting fCL/FCL Casktaara PMW| IIMCf V«sd Spot €SI€CIIP«B 2? A(* CAIABAR 6 Mar ISTtCI WtR ft May ?6 Apr 5 Mi, 3 Mi, Add Br.s n Ap. 8 Mil 6 Mi, Add Bus 16 May ft M« v 73 May Add Bm 3 Inn 1?502 words
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Advertisement675 1986-04-01 22 ill GOLDEN LINE GUM GUM SHPPMG (PTE) LTD 21. 1« «v» Strwl vmmm iim m mmt aa ucs) -'-HI. iii PES Rottirtai/ Mii|i i\ ;i.nfU| Tm| I Spat I Indi S«jA Dmm liml ■KCIOK 1/4 2/4 I 7/4 14/4 21/4 21/4 25/4 CM) OOK 1/5 2/5 I 7/5 10/5 21/5675 words
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Advertisement387 1986-04-01 22 INTRASEA (PTE) LTD 10 Anson Road s?7 16 IntPirat'On.i' P.«*73 0207 Te< *****1 1 -10 L nest <► BREAKBULK SERVICE TO EUROPE/UK I FORT YALE MM ARETI BBMMS «/4 2/4 ROT/AWT/W (MM) aOT/MT/«t (AVON) smw aemKoi 224(411 71M711 mmi La »Fa PHILITRON SHIPPING AGENCIES PTE LTD TFI ??3862? (8 I387 words
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Page 23 Advertisements
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Advertisement618 1986-04-01 23 NOL NEPTUNE ORIENT LINES LTD Spwe NEPTUNE AGENCIS PTE. LTD td (Met Ttraml CTS BOOKWtS *****77 FE EU/AUST TPA/SM *****77 *****22 *****53 08DMECT l*S *****53 *****4£ TBii HARPER MM SOU BHD. 2*l* P KeUn HARPER WRA SON BHD *****1 *****1 P la,a HARPER MRA SON BHD *****2 Penan< HARPER MRA618 words
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Advertisement279 1986-04-01 23 !>'*>( (UNI S mPIUNI *GfN( »S Pll I ID let ?!8997/ 7/***** Bontmjst ???7SIO ?.'1,'0?7 lOprrjlmnsi VC9>B4 iNiowui J ;W>o4 (CIS) Mil KM* mi <, n»N*s si ll* SOW RMO *l in P* M *****4 PIN U! if, It) CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE279 words
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Advertisement542 1986-04-01 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street 0104 Telephone Nutters *****3 (15 Lms) Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS ***** P —I PBMNB M/S SHARMAT MAN SOON SON MS. IST ANO 2ND FLOOR. MESSRS HM TNON6 SHTTM6 127 Penanf Street.542 words
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Advertisement107 1986-04-01 23 M K S LINE L JAPAN STRAITS SERVICE TMSHO MMU CORAL SIM FORTVK am rara TMRCM. MMM BEEN PM SANKYO LINE (S) PTE. LTD. 37 Somerset Ro»d *06-01. Ng T»ow Yh»« BlcJg S por» 0923 235 8444 (4 lin*s) fort hfUnf !i{j P«u Stepping Srlr Bhrt M 03 38<W1.'4 <>107 words
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Page 24 Advertisements
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Advertisement359 1986-04-01 24 fl REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSEL SEA FORtWE SEA FORTUNE MiaULM OH C2E2H C2Z3 EZEZI Imii'j vaf. ~ir ?.m BSS Eg kkjm F?m n&m i /i irm ri kkm L»>iZi icrrraHl EE^I Irrnrrr r"W ESB KkttM it 1 h&i.m TO SOUTH THAILAND Lifllu •1. _1113 [fill359 words
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Page 24 Miscellaneous
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Miscellaneous161 1986-04-01 24 Regional Weather ft a K m. I V-3 ft SK «2 v ses^c is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c^ 1 Wind direction with speed m knots Wave height R Thunderstorm Temperature «> c X\ U Shower Weother _X Wmd direction with speed m knots161 words
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Page 25 Advertisements
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Advertisement98 1986-04-01 25 MM* MBC MENCES K LUMPUt f. KELANG leosmp srac 242tMt/*****54/*****41/*****03 *****1/4 TDMMM. 3M3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****5/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE i.'MO ''.I '1' lITIITMfTI 1. TiCTTTI 11 .1 TTBrry PlMrri ii ,r Tin n i ■rrirri ALSO ACCE?TWG FOR: WmWP, L. HARK. UK. Km, COTOMA6EN. OSLO AUO ACCEPTK FROM98 words
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Advertisement168 1986-04-01 25 I.C.S. LINE REGULAR SERVICE TO MDIA nv frwcrnrno. r minibMFMMtin*» H9 2/4/H Cjkatta/ta*ar nv moton no. r wy 2 et* 21/4/11 lmj* tar lfa*as/C*atta/B«*ay ft Wl CTft S/4/K Lm*| far Ba*fy/KjracN M/ 8. INTERCITY SHIPPING (PTE) LTD 111, Ifcrik Mi(e Road, #03-07, Pwiniia Ftaa, Saifapor* Wl7 Contact Mr. R. D.168 words
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Advertisement103 1986-04-01 25 Scan Dutch V TO EUROPE (MEDfTHRRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) T) MARSEILLES 2) ROTTERDAM 3) LONDON Wirt 11/ IK M/lli Kot%h/LS* TO HONG KONG-TAIWAN-JAPAN FEEDER VESSELI PENANG P. KELANG VESSEL SINGAPORE I HONG KONG ft Hwt—l7 ItS > Pma/115 ««mr» m MWt/lB ft MR/145 FROM EUROPE 1) GBURG 2) H BURG 3) B'HAVEN103 words
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Page 26 Advertisements
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Advertisement307 1986-04-01 26 v°i' v />jy te r w Mitsui OS K Lines Ltd m A CONVENTIONAL/SEMI-CONTAINER KRITI GARNET 5 Apr Mombasa. Daressalaam. Tanga, OCEAN ELITE 15 Apr Mombasa, Daressalaam ASTRA PEAK 24 Apr Port Louis, Reunion AFRICA MARU 26 May Port Louis, Reunion MARIS OTTER 9 Apr P Noire. Abidjan. Apapa. Lome.307 words
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