The Business Times, 8 December 1986
1986-12-08
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The Business Times
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Title Section12 1986-12-08 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, DECEMBER 8, 198€ 75 CENTS12 words
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656 1986-12-08 1 ALVIN TAY - Rules spell out minimum paid-up capital and margin of solvency By ALVIN TAY THE MONETARY Authority of Singapore has issued two sets of regulations governing the insurance industry which, among other things, spell out the contents of the external auditors' reports, as well656 words
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388 1986-12-08 1 AFP TAIWAN'S new opposition party, flush with its unexpected success in weekend elections, says it will seek to assist small- and medium-sized enterprises which have fuelled the island's exportdriven success. "We will protect private property and assist small- and medi-um-sized enterprises," saidAFP - 388 words
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Article508 1986-12-08 1 FOO CHOY PENG - By FOO CHOY PENG, Chief Reporter CALLS FOR COMPANIES to be required to put in adequate financial controls, and for the responsibility of auditors to report suspected cases of fraud to be expanded, have been made in a paper submitted to the government by the508 words
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403 1986-12-08 1 Reuter PRESIDENT RONALD REAGAN has publicly struck a contrite note over the Iranian arms sale scandal and his supporters hope this will help spark a renewal of confidence in his shaken administration. Making his first public admission that the saleReuter - 403 words
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101 1986-12-08 1 Reuter A SWISS BANK has blocked an account believed by the US to be involved in diverting to contra rebels in Nicaragua money from US arms sales to Iran. A Swiss Foreign Ministry spokesman, Clemens Birrer, said yesterday that the US State Department asked theReuter - 101 words
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Article, Illustration585 1986-12-08 1 LOH HUI YIN - By LOH HUI YIN NEGOTIATIONS are going on by a couple of companies interested in buying rubber magnate Ng Quee Lam's share in the Singa-pore-Soviet Shipping Company. Mr Ng and his son, Michael Ng Eng Choon, hold the 50 per cent stake585 words
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Page 1 Advertisements
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Advertisement261 1986-12-08 1 Need a car or truck ban? W\YFOO\G 737-7977 I4EJ Wfcy (bong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill #03-00. Claymore Plaza. Singapore 0922 ADVERTISING MARKETING x.. 1 COLD STORAGE has moved its 1987 retail account worth $1.5 million to Ogilvy Mather Advertising after a261 words
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Advertisement316 1986-12-08 1 Dignity without arrogance MARINA SQUARE, one of the most delayed projects in Singapore, finally opens its doors this month. In the midst of competition, the owners have packaged the place as being classy enough, but without the snob appeal, to make shopping there an unforgettable experience. See Page 10 MARKET316 words
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Advertisement131 1986-12-08 1 A-ONE BOUTIQUE PTE LTD LIANG COURT COMPLEX 177 RIVfP VALLEY «OAO UNIT Q2-t« SINGAPORE TELE* RSJ96O* ACCG< TEL 33tt?20 Trans-Pacific JAL's terrific Regular connecting flights from Singapore via Tokyo with a flight schedule that's second to none. Over 60 flights a week to 7 major U.S. cities and Vancouver. The131 words
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Page 2 Advertisements
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Advertisement295 1986-12-08 2 1 r < -t V i r 3 *-< x TTY ytZ 4 tv*-* PL* <i SHI ■fl > /> I V For this Financial Director 8% was the last straw. Every business big or small knows that for we've operations in 36 countries and an interest rates can make295 words
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MANAGEMENT
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Article, Illustration2593 1986-12-08 3 TOM SHERIDAN - Obsolete accounting practices are holding back much of Western industry, argues TOM SHERIDAN of PA Management Consultants TOM SHERIDAN Issues, The Journal for Management THERE IS A growing awareness that deployment of physical assets is a strategic issue. The successful company focuses on physicalIssues,; The Journal for Management - 2,593 words
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Page 3 Advertisements
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Advertisement251 1986-12-08 3 The IBM System/36 We're only as big as you < V. At IBM, we recognize that your business is different from others. That every business has its own size and its unique requirements. So IBM offers the System/36 family of computers. The business computer that is only as big as251 words
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ADVERTISING & MARKETING
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Article, Illustration613 1986-12-08 4 MONICA GWEE - By MONICA GWEE LEADING supermarket chain Cold Storage has moved its 1987 retail account worth $1.5 million to Ogilvy Mather Advertising after a review of six agencies over a six-month period. The larger media spending set for next year is part of "a613 words
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Article, Illustration597 1986-12-08 4 FORTY-FIVE television advertisements produced in just four-and-a-half weeks is something of a world record, especially if they are all meant to go up in smoke. The latest government campaign "Towards a nation of non-smokers" is possibly one of the most597 words
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Article, Illustration167 1986-12-08 4 RUSSELL WALKER has been appointed the managing director of Mojo MDA in Singapore Mr Walker. 42, replaces the current managing director Bruce Davidson, who is returning to Sydney to manage and develop Mojo's newly acquired video production company. Until recently. Mr Walker was with Mojo's subsidiary, Chandler Hambleton Mier167 words
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268 1986-12-08 4 "I NEVER touched a cigarette before," declared insurance and realty broker, Tony Ho. 40. "It's just acting. I didn't inhale the smoke and don't ask me why I was cast as the smoker when real smokers were cast as non-smokers,268 words
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Page 4 Advertisements
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Advertisement156 1986-12-08 4 THE vii:\\ I N S I N (i A P 0 R K The most breathtaking views in Asia, from the Westin Stamford, the tallest hotel in the world Plus the widest selection of restaurants anywhere in Singapore. Six superb tennis courts and four air-conditioned squash courts. Two swimming pools156 words
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Advertisement118 1986-12-08 4 APPOINTMENT j A MESSAGE TO SENIOR PUBLIC RELATIONS PEOPLE We are looking for senior professionals to join the leading independent public relations consultancy in Singapore. You will need to be highly motivated and capable of adding to the high standards of service we provide for our list of major local118 words
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ASIA-PACIFIC
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407 1986-12-08 5 Reuter ARAB OIL PRODUCERS, facing a predicted income drop of US$6O billion this year, have called on the industrialised world to channel to the Third World some of its huge savings from lower oil and commodity prices. The monthly bulletin of theReuter - 407 words
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235 1986-12-08 5 AFP RESTRUCTURING of China s political system requires boldness and resoluteness first and prudence second, top Chinese leader Deng Xiaoping said. Mr Deng, 82. said in Beijing on Saturday that people of his generation, the younger generation and the comingAFP - 235 words
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181 1986-12-08 5 Reuter PRINCE CHARLES, the heir to the British throne, has been tipped as a possible governor of Hongkong to replace Sir Edward Youde who died last week. The Sunday Telegraph said in a front page report that there was growing popular support inReuter - 181 words
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400 1986-12-08 5 NYT THAI military officials and some Cambodian exiles are saying that Pol Pot, the Khmer Rouge leader, is terminally ill in China, but that a power struggle within his organisation may be holding up statements about his condition. According to theNYT - 400 words
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Article, Illustration371 1986-12-08 5 OANA-PNA. THE COMMITTEE on Privatisation and the Asset Privatisation Trust (APT) will be formed this week to handle the disposal of the non-performing assets of the Philippine government s financial institutions and other government corporations. Finance Minister Jaime Ongpin toldOANA-PNA. - 371 words
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196 1986-12-08 5 UPI PHILIPPINE Defence Minister Rafael lleto has announced the deployment of thousands of soldiers in a nationwide roadbuilding and schoolhouse repair programme "to prove their worth to the people" during a 60-day ceasefire with communist rebels that begins at midnight on Wednesday.UPI - 196 words
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278 1986-12-08 5 Reuter THE ABOLITION of tax breaks on individual depositors' small accounts, a key element in the Japanese tax reform plan released on Friday, will remove a major barrier to the liberalisation of Japanese interest rates, economists said. But most of them agreed that theReuter - 278 words
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Page 5 Advertisements
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Advertisement415 1986-12-08 5 .^4 v>*. .»vr* v H r,? V -v. p| ~r Certainly not the girl in this advertisement. Actually Stella is a quality Swiss Chocolate made without Sugar. What is even more interesting about Stella is its taste. Stella comes in 6 different flavours in Plain White, Milk, Hazel Nut, Almond415 words
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Page 6 Advertisements
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Advertisement117 1986-12-08 6 I 1 What a to a P->-; ivei n Francisco, r -rsB v >sc f. F ly Cathay Pacific to San Francisco and enjoy our unique Hong Kong Shopover. One night s accommodation in Asia's most exciting city is on us, on both outward and return journeys. You can also117 words
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REST OF THE WORLD
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238 1986-12-08 7 AFP DELEGATES from 40 nations, after a week-long conference in Geneva, failed to approve a draft accord on emissions of chlorinated products held responsible for the deterioration of the earth's ozone layer. The "urgency" of the task had been emphasised atAFP - 238 words
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406 1986-12-08 7 UPI THE PROSPECT of sluggish growth in world trade threatens the stability and security of industrial and indebted nations alike, several government officials and businessmen from around the world were told last Friday. "The countries of the world are drifting into aUPI - 406 words
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288 1986-12-08 7 Reuter BRAZILIAN Finance Minister Dilson Funaro has said he will try to negotiate much lower payments on his country's US$lO3 billion debt, the largest in Latin America. In a speech to a conference on debt and trade in New York during the weekend,Reuter - 288 words
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107 1986-12-08 7 AP US \iANAGERS lack a global perspective even though their companies are under growing pressure to compete internationally, according to a recent survey of senior managers. The survey of 101 senior executives at multinational companies was conducted by an independent firm for EgonAP - 107 words
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379 1986-12-08 7 NYT WESTERN EUROPEAN leaders acknowledged at a meeting in London over the weekend that the European Community is on the brink of bankruptcy and facing conflicts with the US and other trading partners over food trade. But they declined to deal with theNYT - 379 words
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99 1986-12-08 7 Reuter EUROPEAN manufacturers have filed a complaint to the European Community Commission over alleged dumping of microchips by Japanese exporters to the community. The European Electronic Component Manufacturers' Association said last Friday some Japanese suppliers undercut them by up to 36 perReuter - 99 words
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Article633 1986-12-08 7 ARRIVALS Operator Service Local From number time SlA SQ109 1405 KUL su SQ455 1410 IWN SlA SQ238 1410 MES THAI TG440 1430 BKK/HDY THAI TG413 1450 IKK CPA CX713 1500 HKG/8KK MAS MH607 1505 KUL CIA GA893 1505 AMS/FCO/ AUH/IKK MAS MH672 1520 ltd CIA GA962 1520633 words
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Page 7 Advertisements
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Advertisement221 1986-12-08 7 A"Y T The business person's choice, 1 /I I V /\V every Tuesday, Thursday, Saturday E jl I\l I I y% and Sunday. Leaving Changi Airport 1 J V YJL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective221 words
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WORLD BACKGROUND
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Article, Illustration785 1986-12-08 8 GDP growth may hit Bpc amid higti export levels Although governor Sir Edward Youde's sudden death in Beijing on Friday triggered uncertainty over Hongkong's immediate future and dragged the Hang Seng down by some 60 points in mid-morning trading, the barometer quickly recoveredAFP - 785 words
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Article, Illustration685 1986-12-08 8 RICHARD SEAH - By RICHARD SEAH WITH FRIENDS, one can be spontaneous. And spontaneity was one thing which stood out during the five days of First Deputy Prime Minister Goh Chok Tongs official visit to Burma. It was a spontaneous change of plans that, on Saturday night,Picture by YOW YUN WOH - 685 words
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Page 8 Advertisements
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Advertisement141 1986-12-08 8 The classic afternoon tea is now playing at Hie Lounge. Every afternoon, you can stroll into and cakes, and imaginative sandwiches. range of cocktails in Singapore. While the in the sight of the unique waterfall and The Lounge, relax and treat yourself to a While a classical quartet rounds off141 words
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Page 8 Miscellaneous
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Miscellaneous50 1986-12-08 8 Doonesbury MR SLACKMBYER, I'LL TRT TO Bd BRIEF. I'M JUST A JUNIOR LAWYER WH 12 3 U m 1 ct m rf. W, m PI r '/Jm w BY GARRY TRUDEAU TELEPHONE RECORDS INDICATE YOU TALKEP r BETTER TDBOeSWMWI&Bt- Q&JOTN ERWTM=> VERY PECULIAR. Jo 11 ym •£A v m m50 words
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THE ARTS
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Article, Illustration581 1986-12-08 9 LINDA CHEE - Old books, maps, porcelain, silver, prints and even 1911 Chinese government bonds (still valid) LINDA CHEE finds it amazing how Antiques of the Orient could manage to assemble 200 pieces of fine Chinese ceramics for an antique sale in its 55-sq-metre shop. LINDA581 words
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Article, Illustration902 1986-12-08 9 TSANG SAU YIN - You can't typecast the French artist of today. He defies labelling simply because he is a bold, individualistic creature, says TSANG SAU YIN, who was at an exhibition of contemporary French paintings. TSANG SAU YIN, THE FRENCH ARTIST of the 80s does not902 words
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Page 9 Advertisements
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Advertisement177 1986-12-08 9 mm «r ARDMQRE 6 ARDMORE Park reflects a rare appreciation of the very finest things in life. A luxury condominium that can only be described as lavish. For the exclusive pleasure of a privileged few. Nestled amidst the picturesque beauty of mature Rain trees and lush greenery, it is ideally177 words
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Advertisement222 1986-12-08 9 With the wrong approach, an upgrade can mean upheaval and downtime. To make changes that really work, no problem, call Wang. No reprogramming The entire Wang VS family of minicomputers runs on a single, fully software-compatible operating system. So that you can start with one VS, and then grow as222 words
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FEATURES
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1256 1986-12-08 10 JAIME LYE - The owners of the $1 billion Marina Square have, in the midst of competition, come up with a product which they hope will be classy, without the snob appeal that tends to turn people off. JAIME LYE reports. JAIME LYE MARINA SQUARE, one1,256 words
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Article306 1986-12-08 10 CHONG YIN KING - letter to the Editor CHONG YIN KING DEAR SIR, I have noted with interest reports in the Business Times about shares and stock, with comments from the two opposing camps the bullish group and the sceptics (or pessimists) as well as the often-repeated statement to306 words
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Page 10 Advertisements
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Advertisement56 1986-12-08 10 Die Titan Sportuhr SL The Titanium Sportswatch SL La Montre Sportive en Titane SL PORSCHE DESIGN PORSCHE DESIGN 22 Pnrsr D#»s.qn Bou'iques K#»Njn (W<l o't r Pi, j/o P'irVmp« A\i a Wn*i f C Kt»cn«j WoV O B. »y Wo*t >q Tigress of S«>i'/«*rlcjnrJ So'*» Aqro' I monn Trad"«q P56 words
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Page 10 Miscellaneous
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Miscellaneous45 1986-12-08 10 rrn GerwG £>esf \rs in nve mirjOftS.... nnose üßßpißy eoo< HPWC LCFT mc STRAPPED (OR CASH PSNJD NOT OJLV Am sToNy broke. But rfo 64MP\OST6D. J&* KVCNIHG •TANOAAD CO. LTO. ItM-lfM rve. BEEN U)POJ<in)G THE, OOCRIDORS AU DP»y UDOKIhJG> for IJHO Cfsu e>RNKRou_ rne TV!45 words
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Miscellaneous1710 1986-12-08 10 mmmrn CRYPTIC PUZZLE ACROSS 1 Accident on court? (5) 6 A blow from the blue? (5) 9 Recount anew at the bar (7) 10 The sound of two letters or one (5) 11 Speak of love surrounded by immorality (5) 12 Novice stlil on the loch (5) 13 It's solid1,710 words
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SPORTS
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Article, Illustration785 1986-12-08 11 BRIAN MILLER - By BRIAN MILLER AT ABOUT NINE in the morning, the National Stadium at Kallang can look cruel and intimidating what with its empty grey stands, towering floodlights and the sun beating down so fiercely on its unlit cauldron. But for785 words
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Article552 1986-12-08 11 WALTON MORAIS - By WALTON MORAIS FIVE MINUTES after the starter's gun, they were still arriving at the starting line. Whether by public bus or private car, Singaporeans, it appeared, were determined to live up to their reputations for keeping rubber time. Or perhaps they figured that with552 words
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Article395 1986-12-08 11 Reuter IVAN LENDL of Czechoslovakia was scheduled to play Mats Wilander of Sweden and Boris Becker of West Germany faced Swede Stefan Edberg in the semi-finals of the American US$5OO,OOO Masters Tennis Championships yesterday. The top-seeded Lendl and Becker, seeded second, finished first in theirReuter - 395 words
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271 1986-12-08 11 AP PRE-RACE favourite Juma Ikangaa of Tanzania, competing in his first marathon in seven weeks, yesterday won Japan's 21st Fukuoka International Marathon Championship by more than one minute in 2 hours, 10 minutes, 6 seconds. The 29-year-old Ikangaa, a captain in the Tanzanian army,AP - 271 words
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Article99 1986-12-08 11 Reuter TOP-SEEDED Gabriela Sabatini of Argentina has swept past third seed Lori McNeil of the United States 6-2 6-3 to reach the final of the Argentine Women's Tennis Open. The final is between Sabatini, 16. and 12th-seeded, 14-year-old Aranxta Sanchez of Spain, a 7-6 (7-5)Reuter - 99 words
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Page 11 Advertisements
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Advertisement7 1986-12-08 11 TV and Radio programmes on Page 107 words
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Advertisement121 1986-12-08 11 flfttrlO An early start. A hearty breakfast. LrO 3V/ You arrive in Bangkok ready for business, or, simply enjoy the delights of discovering the city. m A delicious lunch. An hour to relax. J J Arrive in Bangkok fresh and ready to sample some of the best shopping South East121 words
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INTERNATIONAL STOCKS
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231 1986-12-08 12 AP BRITISH GAS PLC said its stock flotation, the world's biggest, attracted 4.5 million applications. A company statement said the public subscribed for four times the number of shares on offer, forcing a reduction in allocation. As a result, the company has alloted 64 perAP - 231 words
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Article103 1986-12-08 12 OCC06 Y«n 940 20 398 2 AmmOM 838 +7 330 -20 890 undi 767 -14 000 -10 410 +10 495 -9 360 «ndt 690 -10 SJO -20 783 -15 820 -20 930 -50 240 -10 1 *i Wl HMi.. 060 -10 Manda 280 -30 130 -30 M IMi— 810103 words
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392 1986-12-08 12 Reuter WALL STREET stocks suffered their third consecutive setback last Friday as nervousness about the insider trading scandal was rekindled. A weak bond market, caused by a larger than expected rise in November non-farm payrolls and waning prospects for a cut in the discountReuter - 392 words
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Article169 1986-12-08 12 DCC 06 C 1Abttitx 28% -V. A lean Alum 40% Algoma Sti 11'/. uncti Bank Nova Scotia 17* Bank Of Montreal 1354 Ball Canada 37"/, Bp Raaourcaa 36 unch Braacan CI A 26% Camptrt Laka 27% Canadian Imp Bank 20% 17'/j Carling O'Kaato 12% uncft Co Btfirt CI A169 words
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Article219 1986-12-08 12 Dec M AAMO moustmals A Alpha 1250 320 Awl 1425 -25 sar» 430 4750 10 25 1900 00 CO Smith 3050 unch CNA 2708 Curria Fin* nea 440 *****S -10 Fad Vol* 183 Fug it 585 HivakJ 600 20 Lib Hold* 2900 50 1400 -40 LTA 200 M And219 words
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Article619 1986-12-08 12 Dec M US A lean Alumm Alcoa Alleg Intl Allied Stg All lad Store* Am Brandt Inc Am Can Co Am Cvanamid Am Etec Pwr Am Expreae Am Noma Prod Am Motor* Cp A ma* Inc Amarada Heea Amoco Corp Amr Corp Armco Inc Aaarco Inc All Richfield619 words
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Article810 1986-12-08 12 Amsterdam DEC M PU ABN SO 00 -5 5 Aagon aero 01 AhoW 115 30 -0 5 ***** •05 Alranta 141 20 -0 1 AMEV 74 10 -02 Amro Bank •4 90 -0 5 Am St»a 126 00 BarHal 25 90 0 5 BOLS 175 00 1 5810 words
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Article79 1986-12-08 12 WestinghousePlessey deal Reuter BRITISH ELECTRONICS group Plessey and the US Westinghouse Electric Corporation aigned a cooperation agreement laat Friday which could bring Pleasey up to £1.1 billion in buaineaa. Plessey said in a statement the deal would come into effect if Britain opts to purchase the US Boeing company's airborneReuter - 79 words
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Page 12 Advertisements
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Advertisement654 1986-12-08 12 Wftere to wtm, di<i« aai sr r/t'% •?p» If A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb choice at only $24.50*. 'Subject654 words
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Advertisement141 1986-12-08 12 London stocks on Page 19 Just when you were thinking of going back to the same old Sharksfin menu. Pause! May we recommend you try one of our eleven extraordinary sharksfin dishes. Like all of our 200 menu items they are superior. Come for lunch or dinner anyday. *0' ORown141 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration380 1986-12-08 13 Reuter AUSTRALIAN Foreign Minister Bill Hayden has entered the controversy over media tycoon Rupert Murdoch's bid to take over Australia's largest newspaper group by calling for an investigation into the offer. Mr Hayden said last Saturday that he was disturbed by Mr Murdoch'sReuter - 380 words
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261 1986-12-08 13 AFP A CANADIAN-MALAYSIAN consortium won a contract last Saturday worth Ms 76 million for a gas pipeline project. Novacorp Malaysia, a Canadian company, and its Malaysian partner Sepakat Setia Perunding will provide consultancy services for basic engineering, procurement, construction, testing, commissioning and starting-upAFP - 261 words
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125 1986-12-08 13 NINETY-THREE members of the Tokyo Stock Exchange (TSE), comprising 87 Japanese and six foreign securities firms, chalked up an 86 per cent increase in combined after-tax profits in the first half of the current business year, TSE officials said last Friday. After-tax profits125 words
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Article, Illustration683 1986-12-08 13 Boesky case sparks off rumours within financial community AP, NYT PROPOSALS for new securities laws in the US are likely next year in the wake of the Ivan Boesky insider-trading scandal, says the chairman of the US Securities and Exchange Commission. "Since the Democrats willAP,; NYT - 683 words
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452 1986-12-08 13 Reuter A MAJOR New York brokerage house has sued Goodyear Tire and Rubber Co and Sir James Goldsmith for US$l7 million, charging that they misled investors during their recent takeover battle. Smith Barney Harris Upham and Co last Saturday alleged that both GoodyearReuter - 452 words
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92 1986-12-08 13 FT THE UK Department of Trade and Industry has launched an inquiry into dealings in shares in Consolidated Gold Fields, the international mining group, at the company's request. Gold Fields said last Friday that it wanted the DTI to investigate the way in which AmericanFT - 92 words
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Page 13 Advertisements
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Advertisement181 1986-12-08 13 aBMp ■&<: ■'*ir *<5* •'#^Fv• >Swr^- rv "-V %/3 if /f IF, Si IT*: mzm> a .ya.fi •?>* «*w*®s *<V? It JB» Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs. Ayam Goreng, Chendol and more! Tickling your181 words
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Advertisement136 1986-12-08 13 ?rv r Jk* V <1 4* -£> rf I I !> /> V i\ 'fjJG-1 ~<- _c -> iv.*.:_ ,/i Si-'-.-'v 3 -r > sryt (Shill Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting BUSINESSMAN'S LUNCH Monday to Friday $26.50 +10% service charge 3%136 words
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Advertisement188 1986-12-08 13 ~y) Paramount HotelWhere the happy people go W m COCKTAIL LOUNGE Experience a new and refreshing concept in cocktail lounge entertainment Experience The Gazebo. The frontispiece of Paramount Hotel away from all the hustle and bustle A free flowing garden terrace in subtle shades of grey and beige And a188 words
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Advertisement165 1986-12-08 13 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price' For starters toke your ptck of our coW dishes prawns on ice fresh oysters smoked salmon, melon and dried ham. vegetable ternne mixed seafood salad cooked assorted vegetables and homemode dressings Select your main165 words
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Advertisement128 1986-12-08 13 7TrTW77 777 Poking Sichuan Restaurant -M f i hokkien-porridge UEVvS DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 00++ Dinner/Supper Time: 6pm 3am r Wv* > V 4 *5' r*r *V M 4-f 10% service charge A 3% government tax not128 words
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RAW MATERIALS
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396 1986-12-08 14 AP WORLD CEREAL PRODUCTION is expected to hit a new high this year, causing a record surplus, while cereal trade dips to its lowest level in eight years, the United Nations Food and Agriculture Organisation reported. The FAO said it hasAP - 396 words
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Article, Illustration220 1986-12-08 14 AP FRENCH Agriculture Minister Francois Guillaume has said that major food-producing nations should raise the prices they charge the Soviet Union and Japan and use the profits to help poor countries. He said the Soviets and Japan "could afford it". Mr Guillaume said he broachedAP - 220 words
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191 1986-12-08 14 AP FIVE DAYS of talks among officials from cocoa-producing and consuming countries on the rules for buffer stock operations under their new international price-stabilisation agreement ended inconclusively last Friday, delegates said. Further talks were scheduled for mid-January, said delegates of the Cocoa Organisation, underAP - 191 words
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309 1986-12-08 14 Reuter MERCHANT BANKER Kleinwort, Benson Ltd has joined forces with Amalgamated Metal Trading Company to try to get the affairs of the International Tin Council (ITC) wound up in British courts. Court officials said the merchant bank was given permission to join theReuter - 309 words
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294 1986-12-08 14 FT THE FIVE BULLION BANKS which have run the London gold market since 1919 are considering sharing their control with other gold trading companies. The Bank of England is understood to support changes to make the market more democratic, at aFT - 294 words
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280 1986-12-08 14 Reuter INDUSTRIES worldwide are using less metal and are unlikely to want much more even if economic activity recovers sharply, an expert report on industrial raw materials says. Exporters of minerals such as aluminium, tin andReuter - 280 words
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141 1986-12-08 14 AFP MAJOR SUGAR PRODUCERS such as Brazil, the European Community (EC) and Cuba hold the key to future changes in the fundamental outlook for world sugar prices, London traders ED and F Man said in their latest market review. The worldAFP - 141 words
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758 1986-12-08 14 AFP CURRENCY UNCERTAINTIES curtailed activity on most commodity markets last week, when already nervous conditions were accentuated in the run-up to Opec ministerial conference in Geneva from Dec 11. Precious metals saw a sharp initial rally on the dollar's weakness inAFP - 758 words
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Article30 1986-12-08 14 RUBBER Closing prices Data Singapore MaloyBO S cann/kg M canft/kg Dk 1 176.00 213.50 Ok 2 176.25 214.50 D*c 3 178.75 216.00 OK 4 175.50 216.00 Dk 5 176.75 215.0030 words
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Article166 1986-12-08 14 WHEAT FUTURES in Chicago rallied late to close 1-1/2 US cents to 1/4 cent per bushel higher on local and commission house short covering last Friday. March settled at US$2.B2 after posting a 2-3/4 cent range on the day, apparently still stuck in a sideways trading range on the166 words
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Article513 1986-12-08 14 COFFEE Robusta futures slipped amid late trade and commission house selling. Prices closed the afternoon call last Friday £5 higher to £20 lower. Second position March ended at £1,900, £18 below Thursday s close. Buying of January against March all session allowed the spot contract to widen to513 words
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Article28 1986-12-08 14 KL TIN Data Oofing prices Tumov»f M$Ao (•enfiat) 0«c 1 16.60 73 DK 2 16.99 128 Dmc 3 17.00 105 D*c 4 17.03 105 OK 5 17.04 8528 words
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Article138 1986-12-08 14 Chinese Produce Exchange SoMors' noon doting pr teti on Dk 6 (SS/100 kg). Coconut oil Mk FOB 66.00 OW drum FOB 75.00 Now drum FOB 86.00 Copra 33 Mixod IIoom) bvyon Pepper Mootok Whit* FOB NIW 1415.00 Sarawak Whho FOB faq NIW 1400.00 Sarawak spodat black FOB NtW138 words
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Article161 1986-12-08 14 SOYBEAN FUTURES in Chicago closed mostly down last Friday, on or near the lows, ranging from up 1/4 US cent in January to off 2-1/2 cents per bushel in light trade. January settled at U554.97-1/2 after posting a 2-1/4 cent range on the day. Slow country movement, a firmer161 words
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Page 14 Advertisements
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Advertisement146 1986-12-08 14 Crystal, The Timeless Gift T i fit vv*1 /I thing of beauty is a joy forever. Make the gift memorable this Christmas with Prism's crystalware. Each piece is a work of art, skilfully crafted by master makers. C hoose Bohemia or Moser or Lalique or Baccarat or Daum each name146 words
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Advertisement144 1986-12-08 14 Half-day seminar on December 11,1986 230 pm to S3O pm at the Sheraton Towers, 39 Scotts Road, Singapore 0922 PROGRAMME The Seminar will include: Current Financing Techniques. Recent Business Economic Developments in the People's Republic of China. Workshop sessions on recent tax developments in (A) Australia (C) Indonesia and (B)144 words
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BANKING AND FINANCE
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464 1986-12-08 15 Union Bank of Switzerland THE WIDENING repercussions of the handling of US arms shipments to Iran and the financing of the Nicaraguan contras from the proceeds have led to aUnion Bank of Switzerland - 464 words
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Article29 1986-12-08 15 UBS US dollar: See-sawing into the New Year. Swiss Franc: Surprises on the interest front possible D-mark: Broken euphoria. Gold: Volatile due to attempts to hurdle barriers.UBS - 29 words
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Article, Illustration487 1986-12-08 15 Indicates the average of the prime lending rates of 1 2 major banks in Singapore PUt of bonks at the close of business on Friday, Doc 5, as supplied by the Association of tanks in Singapore. BANK PL* Aigemene Rank 6% American Express Rank 7 Am'Dam R'terdom487 words
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Article203 1986-12-08 15 ASIAN CURRENCY avarog* deposit rates for tho woek •ndod Doc 5 US 8 7 6ar% 6 1/4 6 1/16 1 month 6 3/8 6 5/16 2 mmOw 6 3/16 6 1/8 3 mtmtm 6 1/16 6 6 months 6 5 15/16 9 n>omh« 6 5 15/16 12 month t203 words
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Article31 1986-12-08 15 The rang* of call rat** for th* week ended Friday, D*c 5 > Bank fund 2-5 4.8 G*n fund 3 5.125 $m of funds 2305 Source: Short Deposits (M) Bhd31 words
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250 1986-12-08 15 Green Collier PRECIOUS GOLD ended on mixed sentiments at the commodity exchange in New York last Friday after a week of dull and featureless trading. The yellow metal closed at U*****.50, about US$l lower than the previous week's close. Interest continued toGreen & Collier - 250 words
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306 1986-12-08 15 Commercial Discount Co Ltd RATES FOR overnight funds in the interbank market last week rose to a high of 4-1/16 per cent before retreating to 2-1/2 per cent 2-3/8 per cent and then to a close of 2 per cent 1-7/8 per cent. Term depositsCommercial Discount Co Ltd - 306 words
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441 1986-12-08 15 Reuter CHINA'S foreign debt will rise sharply over the next five years to fund major development projects, Western bankers and diplomats said. They estimated China will use US$3O billion to US$4O billion in foreign loans during the 1986-90 seventh five-year plan, ofReuter - 441 words
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235 1986-12-08 15 AMY BALAN - By AMY BALAN THE SINGAPORE International Monetary Exchange has received US approval to market its Nikkei Stock Average Futures contract in America. The exchange announced last Saturday that the US Commodity Futures Trading Commission has given Simex written approval to offer235 words
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314 1986-12-08 15 Reuter THE PERPETUAL floating rate note (FRN) sector of the Eurobond market was extremely volatile where traded on Friday, although the bulk of mar-ket-making houses were trading only on a negotiated basis. Dealers in London were agreed that the events in the FRNReuter - 314 words
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194 1986-12-08 15 Bernama BANKS have begun cashing a large amount of the high-yield central bank bills which the Central Bank had issued in past years to siphon off "excess money'' in the economy. The financial market, already bugged by overliquidity, has found itself with still more funds.Bernama - 194 words
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Article86 1986-12-08 15 Reuter THE SWEDISH central bank is easing restrictions on futures trading by banks in foreign currencies with immediate effect. A bank statement described the changes, under which currency sight limits were abolished although cash requirements will apply to net borrowing in foreign currency, as mainly technical. "ThisReuter - 86 words
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Page 15 Advertisements
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Advertisement417 1986-12-08 15 NOTICES la tfce Matter tt The Cwpuiei Act, Cap. 185 aad la the Matter M ORATION PRIVATE LIMITED (Menken' Vataatary maMatiM) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185 that the FINAL GENERAL MEETING of the Members of the abovenamed Company will417 words
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Advertisement310 1986-12-08 15 GENERAL PROGRESS CO PTE LTD (laearptratod la Stagaptn) At an Extra-Ordinary General Meeting of the Members of GENERAL PROGRESS CO PTE LTD, duly convened and held at 585 North Bridge Road #02-18 Blanco Court, Singapore 0718 on the Ist day of December 1986, the Resolutions set out below were duly310 words
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Advertisement321 1986-12-08 15 IN THE MATTER OP THE COMPANIES ACT, (CHAPTER 185 > AND ici m i PERPETUAL HARVEST (SINGAPORE) PTE LTD (laearparaM la the RepiUic M fltagapm) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) Notice Is hereby given that the creditors of the abovenamed Company which Is being voluntarily woundup, are required on321 words
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Advertisement294 1986-12-08 15 ¥100,000 Emperor Gold Coin Japan's first gold issue since 1932 inued, to commemorate the 60th anniveraary of the reign of Japan's Emperor Hirohito es 3® IV y In Japan, those wishing to l own it, first have to buy lottery tickets and only those q with the winning numbers can294 words
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PERSONAL INVESTMENT
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877 1986-12-08 16 RAMESH CHANDIRAMANI - Enough work to keep busy through end of 1988 By RAMESH CHANDIRAMANI HAVING JUST WON its third Mass Rapid Transit system contract worth $27.5 million last Friday, Jurong Engineering Ltd is now even better placed to withstand the sluggish conditions in the local construction industry.877 words
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366 1986-12-08 16 NYT NOW THAT the Dow Jones Industrial Average has decisively broken out of a seven-month trading range between 1,720 and 1,920, some investment professionals see it sweeping ahead to 2,000 and beyond. "I don't regard 2,000 as a significant barrier," says PeterNYT - 366 words
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Article, Illustration388 1986-12-08 16 RC - I mm mm RC THIS WEEK, the spotlight falls on two attractively priced banking stocks Oversea-Chinese Banking Corporation and United Overseas Bank. In spite of OCBC's "solid as a rock" image, it was not spared the severe bearish onslaught that followed the re-opening of the388 words
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Page 16 Advertisements
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Advertisement380 1986-12-08 16 BT welcomes Investment Ideas and viewpoints from brokers, bankers and readers. Addreee all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Roed, Singapore 0923. We are here to save you some time. The logic of economics has probably been the most compelling reason for you to consider380 words
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MARKET REVIEWS
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Article, Illustration5559 1986-12-08 17 HOMER CHEN - II*"-- By HOMER CHEN CONFIDENCE crept back to the Singapore stock market last week, although many investors played it safe and stayed on the sidelines awaiting the outcome of the National Bank of Brunei Bhd case on the Khoo-related empire. The BT Composite5,559 words
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Article270 1986-12-08 17 Reuter AUSTRALIAN share markets finished at record levels last week with the market dominated by the Asl.B billion bid for the Herald and Weekly Times by News Corp and possible counter offers from Robert Holmes a Court's Bell Group or Ron Brierley's lEL. The All-Ordinaries IndexReuter - 270 words
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Article672 1986-12-08 17 JULIANA TAY - Week ended Dec 5 compiled by JULIANA TAY SCRIP ISSUES A M D B: Bonus issue of one-for-ten. Bonvests Hldgs: Proposed rights issue of one-for-four at $0.65. Chuan Hup: Rights issue of one-for-two at $1.20 per share with TSR to subscribe 1 further share at672 words
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898 1986-12-08 18 m J'/j New York NYT IF THERE was any doubt that Wall Street would enjoy a year-end rally, last week's performance has put it to rest. Concern about the deepening insider trading scandal on Wall Street and the growing scandalNYT - 898 words
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555 1986-12-08 18 L Jl SSĔ AFP SHARE PRICES kept rising on the Tokyo stock market in heavy trading last week with institutional and corporate investors coming back to the market after sitting on the fence. The 225-issue Nikkei Stock Average of blue-chip stocks, a hefty 583.44-yenAFP - 555 words
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951 1986-12-08 18 T— London E 4 FT SUDDENLY, it seems as if you merely have to breathe in the air of London City to pick up the whiff of a fresh scandal, be it real or imagined. The past week has seen one of the mostFT - 951 words
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301 1986-12-08 18 Tl K| 1 Hongkong y AFP PROFIT-TAKING and the unexpected death ot Hongkong governor Sir Edward Youde sent the Hongkong stock market last week on a late-week tizzy, after the Hang Seng Index set new highs for three consecutive days. The indexAFP - 301 words
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655 1986-12-08 18 fcstj K.Lumpur 4 SHARE PRICES on the Kuala Lumpur Stock Exchange drifted listlessly throughout last week as market sentiment remained weak from a lack of fresh leads. The KLSE Composite Index managed to rise 1.62 points to 249.09 at Friday's close from 247.47655 words
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Article274 1986-12-08 18 BCI FAILING to hold on to the brisk rally at the beginning of last week Milan shares inched lower on volume that tailed off to 101 billion lire a day on average (compared with the previous figure of 133 billion lire). The upshot of theBCI - 274 words
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244 1986-12-08 18 CSZ THE Zurich stock exchange surged to new highs last week with the CS index closing last Friday at 564.1 points compared with the previous Friday of 560.2. This followed favourable reports from the Swiss Federation of Commerce and Industry and the monthly economicCSZ - 244 words
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Page 18 Advertisements
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Advertisement267 1986-12-08 18 oo o G9 O O, O o o o 0 O o cP From this day FORWARD Two leading, Jersey based, fund management companies: Britannia International Investment Management Limited and MIM (Jersey) Limited have joined together to form one of the largest investment fund management companies in the Channel Islands:267 words
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COMPANY NEWS
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Article473 1986-12-08 19 TWO LISTED property companies, controlled by the Malaysian Tan family, have gone on another buying spree for several Singapore properties worth a total of $27 million. Singapore-based Parkway Holdings and Malaysian-based IGB Corporation announced last Friday that their joint-venture property investment company, Weian Investments,473 words
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Article, Illustration337 1986-12-08 19 MBT MALAYSIAN Deputy Agriculture Minister Oatuk Alex Lee has said that he has not been informed of any legal action against him by a group of Singapore-based banks in connection with about US$32 million in outstanding loans. He added that ifMBT - 337 words
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207 1986-12-08 19 MALAYSIAN property developer Metroplex is expanding its property interests in the Klang Valley in spite of the sluggish property market. It is acquiring the entire paid-up capital of Urustanah Sdn Bhd for Msl,ooo cash and will be providing Msl million as working capital207 words
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139 1986-12-08 19 A LECTURE on "Strategies for Investing in the Stock Market" will be held on Saturday for members and alumni of the Master of Business Administration Club of the National University of Singapore. The speaker is Mr Robert C S Tay, an investment analyst with139 words
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Article768 1986-12-08 19 EQUITIES ended the second and final week of the account lower last Friday, mainly on continuing worries over the further implications of the recent insider trading allegations, after news of official investigations into the affairs of several leading UK companies. The market was rife with rumours last week768 words
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LATEST RESULTS
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Article87 1986-12-08 19 For the year ended Oct 31, 1986, the group incurred pre-tax losses of M 55.74 million against profits of M 5731,000 previously. The losses were blamed on the high tribute charges amounting to $6.79 million (previously $8.17 million), low tin price received and the closure of dredge87 words
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52 1986-12-08 19 For the half year to Sep 30, 1985, pre-tax profits rose to M 5144,546 (previously M 541,277) on sales of M 5841,161 (previously M 5737.088). The increase was due to the improved rubber and palm oil prices during the period under review. No dividend has52 words
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Article247 1986-12-08 19 THE RECENT SALE by Mr Taochaifu Choofuang of his 1.25 million shares in Singapore Land has led to a drop in the total direct and indirect interests of Mr S P Tao and Madam Liu Kwan Li in the listed company to 24.53 million shares247 words
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515 1986-12-08 19 CHAN OI CHEE - By CHAN OI CHEE RESOURCES DEVELOPMENT Corporation, which is offering its shares to the public, is facing litigation claims from two parties for a total of $23.4 million. No provisions for possible liabilities have been made by the company in its accounts. However,515 words
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Page 19 Advertisements
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Advertisement188 1986-12-08 19 PUBLIC AUCTION DIRECTOR MECHANICAL ELECTRICAL ENGINEERING DIVISION PUBLIC WORKS DEPARTMENT SINGAPORE A pubic auction of confiscated. unserviceable and redundant stores comprising of saloon cars, tippers, motorcycles. scooters, vans, heavy machinery, graders, road rollers, motors, pumps, scrap metal, batteries, used oil. electric fans etc will be held on Monday 15th December.188 words
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Advertisement218 1986-12-08 19 Not everyone is dreaming of a white Christmas. t. i v••.•• v* t i \A s I .1 i. ,v ,i i <. 1,1 V l k •f« I 1 '.V, i 11 i i V t 4 i i V t* V' V sf- I V '.s A i218 words
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170 1986-12-08 20 AFP INDONESIAN Finance Minister Radius Prawiro has said the rupiah is not yet suitable for use as a common currency by the six members of the Association of South-east Asian Nations. Indonesia's share of international as well as regional trade was still very small, Mr RadiusAFP - 170 words
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504 1986-12-08 20 BRIAN GOMEZ - Restructuring exercise sees cut in equity of Shell, Mitsubishi By BRIAN GOMEZ THE BRUNEIAN government has become the largest equity holder in its 14-year-old liquefied natural gas (LNG) industry, a top contributor to the country's economy. Following two years of negotiations, the504 words
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319 1986-12-08 20 NST A MORE EFFECTIVE strategy will have to be formulated if the New Economic Policy (NEP) fails to achieve its aims, said Johor Mentri Besar Haji Muhyiddin Yassin last Saturday. The new strategy must be able toNST - 319 words
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Article77 1986-12-08 20 Bernama MEMBERS of Bank Kerjasama Rakyat Bhd, after a stormy four-hour meeting in Kuala Lumpur yesterday, approved funds of M 51.689 billion for the cooperative society to run its activities. The meeting, convened after an 11-year lapse, was nearly called off when several members challengedBernama - 77 words
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Article82 1986-12-08 20 Bernama THE NATIONAL Union of Journalists (NUJ) in Malaysia has urged Senators to study the Official Secrets Act (Amendment) Bill carefully when it is tabled in the Senate. NUJ president Yazid Othman, speaking at the Freedom of Information campaign rally at the Chinese Assembly HallBernama - 82 words
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Article274 1986-12-08 20 Reuter OIL CONSUMPTION in western industrialised countries is likely to grow in the first half of next year but by less than it originally forecast, says the International Energy Agency's latest monthly oil market report. The agency estimated that 35.2 million barrels per day (bpd)Reuter - 274 words
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119 1986-12-08 20 THE GOVERNMENT is likely to accept in full proposals made by the National Wages Council. This was disclosed by the Acting Minister for Trade and Industry, Brigadier-General (Res) Lee Hsien Loong, yesterday at the Teck Ghee community centre. There were no grounds for objections119 words
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LATE FILE
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40 1986-12-08 20 AFP COMMUNIST rebels yesterday threatened to call off a 60-day ceasefire agreement due to start on Wednesday unless the Philippine government resolves conflicting interpretations on military patrols and the carrying of firearms. AFPAFP - 40 words
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Article42 1986-12-08 20 Reuter FRENCH Prime Minister Jacques Chirac yesterday appealed for calm after the worst night of violence in Paris since the student uprising of 1968 and condemned what he called multiple provocations by demonstrators outside the student movement. ReuterReuter - 42 words
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Article26 1986-12-08 20 AP GENERAL Le Trong Tan, Vietnam's army chief of staff, died last Friday of a heart attack in Hanoi. He was 72.AP - 26 words
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Article46 1986-12-08 20 AP OFFICIAL North Korean media yesterday referred for the first time to reports in South Korea that North Korean President Kim II Sung had been killed, quoting an article by a Spanish communist as calling the reports "groundless false propaganda". APAP - 46 words
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Article32 1986-12-08 20 Reuter TAIWANESE dissident Hsu Hsin-Liang, who was barred from going home to help the opposition Democratic Progress Party in Saturday's election, yesterday left Japan for the US. ReuterReuter - 32 words
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Article35 1986-12-08 20 Reuter THE Sri Lankan authorities yesterday extended for a further 11 hours a curfew in an eastern district of the country where 24 people had died in two days of communal strife.Reuter - 35 words
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Page 20 Advertisements
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Advertisement526 1986-12-08 20 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Leigh-Mardon teams up with local company to make cigarette cartons 2. The billion-dollar world of Khoo Teck Puat 3. Hongkong authorities look into Asean Resources 4. Liquidators526 words
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Advertisement153 1986-12-08 20 4 -dV Tm I d: $21 n y Eunlan es for tne ki 5 0 Candy Floss Can Chinese Candy Legq Kachang Puteh Ren Ma Zhi Gan Ice Kachang Sing Mechanical rides Fun Merry-go round rides Sant Swings, sea-saws Nov and slides hats Toy corner Lucl Magic s Cartoon show153 words
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Page 20 Miscellaneous
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Miscellaneous51 1986-12-08 20 Outlook: Fair axcapt for a low ahowara In tha afternoon. Raport for 24 hours prior to 7.30pm on Dac 7at tha airport Maximum tamparatura 31.9 Aaaodatad humidity 89 Minimum tamparatura 25.0 Aaaodatad humidity M Hours of sunahlna 8.50 Rainfall In milllmatraa 0.8 Rainfall thla month 55.1 Rainy daya this month51 words
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SHIPPING TIMES
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185 1986-12-08 21 AP FIFTY OFFICERS and sailors from vessels owned by the Pakistani state shipping corporation have been arrested in foreign ports on drug smuggling charges, the Pakistan government said. In reply to a question, Ibrahim Baluch, Pakistani Minister of State for Communications, told theAP - 185 words
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Article114 1986-12-08 21 Reuter NEW FOREIGN orders placed with South Korea's shipyards rose to 2.07 million gross tons the first 11 months of this 'year from 623,000 tons in the same period in 1985, provisional trade ministry figures show. The value of the 11-month orders rose to US$954Reuter - 114 words
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415 1986-12-08 21 SHAHRIR ARIFF - By SHAHRIR ARIFF THE REGIONAL OPERATIONS of international freight forwarders Hermann Ludwig (SEA) will expand next year following an agreement reached by its parent organisation in Germany to sell a majority stake to a French forwarding company. From Jan 1, the Calberson415 words
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430 1986-12-08 21 THE THAI PORT of Laem Chabang is expected to be completed by the end of 1990. A Bangkok Post report quoted Thai Communications Minister Banharn Si-lapa-archa saying that tenders may be issued soon for the construction of the deep-sea port,430 words
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PORTSIDES
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Article106 1986-12-08 21 Reuter THE WEST GERMAN freighter captain who set down 155 Tamil refugees off Newfoundland will not be prosecuted, lawyers said. Captain Wolfgang Bindel had been under investigation on suspicion of abandoning the Tamils at sea and profiteering since shortly after the July incident, in whichReuter - 106 words
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Article120 1986-12-08 21 Reuter FRENCH TUG companies will hold a 72-hour national strike this week to protest a new government plan to try to revive the country's ailing merchant fleet, a spokesman for the Ste Des Abeilles tug firm at the northern port of Le Havre said.Reuter - 120 words
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Article113 1986-12-08 22 AFP STEADIER RATES were paid to large units to major destinations out of the Gulf states' area during the past week, despite uncertainty about the possible outcome of Opec's ministerial conference in Geneva from Dec 11. But tanker brokers felt that in view of theAFP - 113 words
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Article, Illustration202 1986-12-08 22 NEPTUNE Agencies Pte Ltd (NAPL), NOL's agents in Singapore, has announced the appointment of Mr Frankle Yeo as its commercial manager. Mr Yeo is now responsible for NAPL's public relations and related activities including corporate advertising and promotional activities such as annual golf tournament and shippers' functions. He202 words
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271 1986-12-08 22 AP THE NUCLEAR-POWERED attack submarine San Juan was launched last Saturday the eve of the anniversary of Japan's attack on Pearl Harbour in what a navy admiral called a symbol of military preparedness. "When World War II began in the Pacific at Pearl HarbourAP - 271 words
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158 1986-12-08 22 AFP THE GENERAL Council of British Shipping and British maritime unions have agreed to extend eastward the Gulf "danger zone" to include the Iranian oil terminal on the island of Larak as well as the country's principal port, Bandar Abbas, specialists in London disclosedAFP - 158 words
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Article56 1986-12-08 22 Reuter THE UNITED STATES navy said it has picked Westinghouse Electric to become the US representative in a Nato industrial consortium that will develop a new common navy frigate for the *****. The navy said it asked for proposals from 33 US companies and received onlyReuter - 56 words
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Article940 1986-12-08 22 AB Shpg V 5 Accord Shpg VI 3 Ahrenkiel Liner X 1 Alltrons VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 AN I 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Bait-Canada Line940 words
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Article1115 1986-12-08 22 THE RATE for grain from the US Gulf to Japan eased on Thursday for the second straight day on the London shipping freights market The rate was also lower from the US Gulf to Venezuela and there were unconfirmed reports of lower rates from the US Gulf to1,115 words
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Article175 1986-12-08 23 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 Line175 words
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185 1986-12-08 23 Reuter A FIRE which broke out on an Icelandic refrigerated cargo vessel in mid-Atlantic is being investigated as possible sabotage by anti-whal-ing environmental groups, Icelandic police said. The fire, which started in a car being transported in the 2,939tonne Hofsjokull,Reuter - 185 words
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529 1986-12-08 23 Bangkok Post THE PORT Authority of Thailand is expected to break even in the third year of operation of its own crane services at Klong Toey port, Thai Communications Minister Banharn Silpaarcha said. Mr Banharn was commenting on the decision ofBangkok Post - 529 words
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Article659 1986-12-08 23 A HIGHLIGHT of the demolition sector last week was the sale of the Plumleaf. motor tanker of 7,131 light tons and built 1960 to Taiwan breakers at the higher price of US$l4O per light ton. Shipbrokers said two motor tug vessels were sold last month to Thailand at659 words
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Article108 1986-12-08 23 THROUGHPUT of the four North Sea Canal ports looks set to rise to a record 45 million tonnes this year from 43.2 million tonnes last year, Amsterdam Ports Association chairman Yke Vermeiden said. The increase in ships through Amsterdam, Beverwijk, Zaandam and Ymuiden should108 words
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236 1986-12-08 23 Seatrade Week THE OCEAN-GOING fleet of landlocked Czechoslovakia, which has made considerable hard currency earnings for decades, is now the victim of neglect and the freight slump and is losing money hand over fist, according to reports. The fleet comprises 14 vessels of 150 000Seatrade Week - 236 words
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157 1986-12-08 23 Reuter THE UK government is near agreement to contracting out management of the stateowned Royal Dockyard in Roysth, Scotland to Babcock Thorn Ltd, the UK Ministry of Defence said. The Royal yard is one of two Royal Dockyards up for private sector managementReuter - 157 words
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5994 1986-12-08 28 AARHUS Evar Gantla. Evargraan, Dec's Ming Longavtty. Yang Ming. Dac 13 Evar Qaniua, Evargraan. Dac 14 Sha Ha. China Ocaan, Dac 14 Anna Maarak. Maarak Lina. Dac 16 ftBtflJAH An Shan. China Ocaan. Dac 10 CR Douala Chargaura Raunla. Oac 12 Gold5,994 words
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Article1123 1986-12-08 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy data/tima Operator cargo schedule Location M lotno 72N 0812.86 2100 Jordine F7 1200-1300 B7 AM Oklahoma 8 0812.86 1800 US lines F7 *****000/*****900 P2/S2 Vira Bhum 12 0812.86 1600 S'pore Shpg F5A 0700-06001,123 words
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Page 21 Advertisements
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Advertisement509 1986-12-08 21 Concise Comprehensive Contemporary .able at a" 9°° d \w '■"•TTg jrLri. Wi> si S3 OfgENT Oveiqeas CtUaitm Line NORTH AMERICA ATLANTIC EXPRESS (ROUNO THE WORID ROUTING) fey SGT LBH CHTON ITU WC Ifl OCEAN LEGEND 5 14/12 7/1 19/1 21/1 23/1 2VI KPTWE lAOE S 24/12 17/1 27/1 29/1 31/1509 words
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Advertisement71 1986-12-08 21 SAUDI ARABIA plans to upgrade its small navy to help protect oil terminals and export lanes in the Gulf and the Red Sea. Pag« II THE PORT Authority of Thailand is expected to break even in the third year of operation of its own crane services at Klong Toey port.71 words
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Advertisement942 1986-12-08 21 r, f THE Available at all good bookshops |Ci UJ FEDERAL PUBLICATIONS THE HEART OF THE MAERSK LINE m/ /w/ M/ ■5W< Otam Taws *CT J/12 0700 MB CfS 2100 MB MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH 22 DAYS Voy S* pore EXPORT TO942 words
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Page 22 Advertisements
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Advertisement412 1986-12-08 22 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO IKDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT OUTBOUND TO MEDITERRANEAN ¥OY MILE K JUPITER WILE Ot MERCURE MILE K URANUS Mm kcc|)4«x Fa C»|» to Lauud. totran. LjHjku. Bnl jnd Afeiwdru nbj «a Sjtorat412 words
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Advertisement687 1986-12-08 22 PETER-TRANS K AGENCIES PTE LTD DOOR TO DOOR SERVICE YOU CAN RELY ON ESPECIALLY ON CHINA Our business scope FCL/FCL. LCL. CY/CY Conventional Airfreight and Courier Services.lnland Transportation Warehousing Custom Clearance Documentation Agent 705 Sims Drive #01-01, Shun Li Industrial Complex Singapore 1438. Tel: *****66 (2 Lines) *****39 Telex: RS687 words
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Page 23 Advertisements
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Advertisement790 1986-12-08 23 The Straits Steamship Group i Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINtRSWP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 Also Accepting Corqo For: li Capatefen. Ajrhus. Mkatef, fttafcnt. SlodMn, HrinAi, Rotterdam to Antwerp, Mmtcfdan. (Mi790 words
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Advertisement545 1986-12-08 23 £<7 SudAmericana CSAV de Vapo s EXPRESS SERVICE TO CHILE FEEDE* VESSEL STOK MOTtO WSStI HK UUCA QQ AWTOE V*lf STO VESSEL If/12 MMIi 21/12 11/2 11/2 U/2 14/2 IS/2 I VESSEL U/12 TELMHM 27/12 5/2 7/2 «/2 11/2 U/2 B VESSEL 22/12 CARGO FOR PUNTA ARENAS. TAICAHUANO (SAN VICENTE)545 words
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Advertisement376 1986-12-08 23 Franco Belgian Services A (HEMBER /.1 r iW b rm* h >Vr% *<•«• ith Itfltfi.in h.l r f .iWrrn int'<" OF ACE CONSORTIUM) cow wo satwg to Eiitort COWTMP sotwg FtOM MCTt MEIICMO* CD TOKYO TtMGNORID MtCGt C* PAWS STOtt ruiw« Le Harw dam fSto«f Ha* 1C Dk (I Dk)376 words
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Page 24 Advertisements
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Advertisement334 1986-12-08 24 I Wj 100 Years Liner Shipping Far East 7 1886-1986 Z_ If Hapag-Uoyd 10 CONTINENT/UK EXPORTS FROM N. CONTINENT &UK IMPORTS •Agents SEGANISdfapore *****66 K. Limpw Booknf *****78 P Ketant FreifM *****00 CfS CFS *****48 Penan* Tenrwval *****33 *****25 *****18 *****50 *****7. *****2 *****3 INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY334 words
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Advertisement787 1986-12-08 24 /luiif JtC.S.LINE nurr c««" FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Corlo,luTl MERCATO« 41N CD TOKYO 7N TRANSWORIO BRDGE 35* C R PARIS 8W Sparc PRata* laHawa rto» fit"" Alrfwrp 10/12 (8/1?) 29/1? 30/1? 1/1 3/1 6/1 17/1? (15/1?) 5/1 6/1 10/1 13/1 24/12 (??/l?) 12/1 13/1 14/1 20/1 31/1?787 words
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Advertisement471 1986-12-08 24 M. Hai Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines). TLX RS ***** RS *****. NOTE: ALSO CALLHG OTHER JAPANESE PORTS, HONGKONG. TAIWAN I CHINESE PORTS. SUBJECT INDUCEMENT IM LINTERM ARITIME SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS IK STORE n PIOUS RHMON DUMA* C*T i IEONHMOT471 words
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Advertisement953 1986-12-08 24 m *<:A EVERGREEN Full Container Service Round-Th»-World East Bound (FE/CARIB/USEC/EURO/FE) GLfAMT fW« GOLDEN l MM l (MR GATHER EMU GUM fVEH LIVMG a out SGP we KSG KLG PUS OS* TTO KSN CHS NYC HI IK FLI JJ/I» M/l? ii/lJ 12/1 10/1 20/1 U/1 3/2 1/2 31/1 M/ 1 U/1953 words
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Page 25 Advertisements
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Advertisement716 1986-12-08 25 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL MAJAPAHIT SEA HAWK SEA HAWK GOWA JKT IN PORT 13/12 20/12 17/12 BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE VESSEL SIRI BHUM SEA DRAGON PIYA BHUM VESSEL SEA716 words
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Advertisement915 1986-12-08 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTMENT HAM B'HAVEN It DAM HAVRE STOH If KLANG STORE |fO* Maoanfi by Saie4 SaAed SaAed SiArt SaAed 13/12 15/12 HKG TKM City !MU[« SaAed SaAed SaAed SaAed SaAed 20/12 21/12 WIG. TMt fruAtwl Cipreu Sited SaAed SaAed915 words
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Advertisement605 1986-12-08 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE Subject to Inducement, A too accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Triasta. ALSO ACCEPTMG BOTH CONTANOS, CONVENTIONAL CARGO VIA T/S TO UK605 words
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Advertisement430 1986-12-08 25 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION 'Burmese National Lin«) Loading for Rangoon pore PKetonj Penanj Banffco* Spore PMYA VB6N 9/12 Dec PA AN VIO4N 14 16 Dec HTONEYWA V2I9N 14/15 Dec 'SAGAMG V7N •loadmf for Antwp. Rotdm t Habt 20/21 Dec V* BANK LINE EXPRESS SD» COHTMO430 words
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Page 26 Advertisements
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Advertisement1261 1986-12-08 26 USA CANADA ATLANTIC COAST (Round Th« World Sorvico) "K'line KAWASAKI KISEN KAISHA, LTD. 0 LEGEM) *5 N. JADE *5 STORE 13 Dec 24 Dec LB 7 lan 17 Jan CHLS 19 tan 27 lan NFK 21 lan 29 lan NY 23 Jan 31 lan HEX 25 lan 4 Feb PACIFIC1,261 words
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Advertisement606 1986-12-08 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* FMtfer P HfUflf Utwr Vess* Sport IMb htm Sytfn Aho Acc(| RMIMS v 11 Dk 76 Ok 4 ton 2 ton Mri'Bfis ISlfam* Ifl IS Dec CHANOOAS V? 3 7 ton 17 ton 76 ton 7* ton Brrs CALABAR *31 »0k MBIROAS V606 words
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Advertisement875 1986-12-08 26 GOLDEN LINE GUAN GUAN SUPPING (PTE) LID 23. IM »T» SM vmurm hm ia 5343*1 <u ins) STRAITS/PERSIAN GULF SERVICE: fiOUXN KM Colombo K*rjcl» Bombay/Outa GOLDEN HARVEST Colombo Karachi Dubai BahraHi 14/ IS DK 11/12 l» HNGQUAN TANG QUA* CHINA OCEAN SHAPING CO., PEKING THE PEOPLE S REPUBLIC Of CWNA875 words
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Advertisement344 1986-12-08 26 (PTE)LTD 10 Anson Road *27 16 International Plaza Singapore 0207 Tel *****1 1(10 Lines) <► BREAKBULK SERVICE TO EUROPE/UK j S pare P Ketone Loadnf tarKARMA *****27 9/12 12/12 ROT/RNT/BREIO/ESBOG/ UK (AVON) DOOYANG FRONT ED *****29 In Pari 11/12 ROT/ANT/UK (AVON) Afwts Smimn MTHASEA (Til) LID BOOKK 72«511 I Laapv344 words
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Page 27 Advertisements
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Advertisement781 1986-12-08 27 NOL NEPTUNE ORIENT LINES LTD >i«ii S pore let No oHk< *****77 P Ketang KLurjm Pmai>{ NEPTUNE AGENCIES PTE LTD Ft lU/AUST IPA/SIA Termmat CPE BOOKINGS *****77 *****53 *****4? ??1?0?? ???1?53 *****4? OR OWC! IKS *****19 *****16 *****11 NEPIINE SON E#C *****87,*****45/*****53 *****76 NEPIINE SON BHD ?*****1/?4?4134/?4?4?35 NEPIME SON BHD781 words
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Advertisement277 1986-12-08 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON I SPORT AGf NTS NEPTUNE AGfNCIFS PIF lID Tel *****77/*****34 <Boo*mis) *****10 *****22 (Operjtionst 22??487 *****84 (lerirwill *****50 *****04 (CFS) MAIATSJA AGfNTS TUNAS SEIIA SON BHD Kl Tel *****96 '*****97 PK Tel *****64 *****20 *****66 PfN277 words
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Advertisement599 1986-12-08 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Tenrnul Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARK*! NAH SOON SOW. BHD IST AND ?NO FLOOR MESSRS HAI THONG SHTPM6599 words
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Advertisement76 1986-12-08 27 Vf/ /.s////v TSi JL/zvc O.OMOUS NMG V.IA SUN HOPE V.SA SUN FLORA V.IA Hongfc onf Swf apart Saied Saied 9/12 14/12 13/12 IS/12 PJUanf Penanj General Survey for im Gtonous Nin( V.IA wfl be held w the 12th Dec. 86 at Gdn K-20 from 0900-1200 hrv There «fl be no76 words
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Page 28 Advertisements
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Advertisement394 1986-12-08 28 fffgw REGIONAL CONTAINER LINES I TO BANGKOK (4 SAILINGS A WEEK) VESSEL INLMK PtYA BHUM I LJItJ ISL3I fcauiti fTgjfiTl PIT A BHUM SKI BHUM SEA DRAGON PtYA BHUM RATANA BHUM ininiwr!!nnninnipiiii'iiu jfTTTffrj ui/iin I'.'ff EEjgi if b'lira.muni irrmrmrnTmrnrmrnmrni J2E3B r-ig)gEEEaigiLai3wg MIH»..TanBW rmm Thu/Fri 125-26/12 Thu/Wed 130-31/12 I Fri/Sat I394 words
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Advertisement68 1986-12-08 28 TIGER EXPRESS LINE CONVENTIONAL EXPRESS SERVICE TO SRI LANKA/INDIA/BANGLADESH S port P.K Loadnc tor M V HORN VBB 33 BIT 1974 10 Dae 12 Owe Orttapnc/ Mate 0 PRINCE KB-56 BIT 1970 12 Dec Cttanbo B HARAPAN V.KB-36 BIT 1975 21 Dec BowbaT'Cotantoo General A t entj HAI SUN HUP68 words
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Page 28 Miscellaneous
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Miscellaneous173 1986-12-08 28 Regional Weather 12 •»Y> v i 117 i:r-> IhT SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. R Thunderstorm Temperature C V Show»r Weother —X Wmd (VecTKXi with vpred m knot* Rom 0 Cloudy Sky WO, WoCe »wdt Off tndicoted bf orrowt w4»»ck fly w«tk tHf wind On#173 words
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Page 29 Advertisements
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Advertisement445 1986-12-08 29 r <OSS>) INTEROCEANI LINE *****34, *****94 TLX NO. MA ***** ACCEPTING CARGOES FOR THE FOLLOWING PORTS Fast Direct Regular Services to INDONESIAN PORTS JAKARTA/SEMARANG/ PANJANG/CIGADING ETA FID I OMSK FOR n 16.12.tt 15.12.tt MXMTA/SEIMMNG/PMIMNG VSI ETA ETD LOADMb FOR NASA IAYA 16.12.tt 11.12 tt IAXARTA/SEIMIUNG/PANIAN6 Doily Receivng Cargo At Jurong445 words
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Advertisement305 1986-12-08 29 mj:sy LUCKY SEAWAY SERVICES S pore Tel )38H1 b'j Tl« ***** KK Tel 088 22 1 786 597 39 Ti. MA ***** Seaway S.E. Asia to R«d 8«a/M«dlt*rr»nMn. VESSEL BIT ROOIfSW SGP PKELARG 10MNNC FOR TBN 1970 15/12 20/12 25/12 Aden. Hodeidah. Meiamßa. Med Ports N Malayaa: Tel: 03-*****44/*****76. Th:305 words
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Advertisement418 1986-12-08 29 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Agents: SINGAPORE: CALICO SHIPPING PTE LTD Tpi *****66 TU RS 551 IS CALICO Fax *****71 PORT KELANG: PERKAPALAN UTAMA SON BHO Tel 36STI9S/6 KOTA KINABALU: KESAWAN SHIPPING SON BHO T« *****7/*****5( 3 Inn i TG. MANI: RASA MUHIBBAH SON BHO418 words
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Advertisement347 1986-12-08 29 CIM C LINES V WEEKLY FCL LCL CONTAINER SERVICE STORE BKK HK6 KM) KEE KOB MOJ BUS YE lAN V 604 11/12 13/12 20/12 21/12 23/12 »/12 27/12 2t/12 KUO HSUNG V 612 11/12 20/12 27/12 21/12 30/12 2/1 3/1 4/1 TWWANV6OS 25/12 27/12 3/1 4/1 6/1 J/1 10/1 11/1347 words
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Advertisement256 1986-12-08 29 GLORY NAVIGATION GROUP REGULAR LINER TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SWK PJELAAG POMNC Pi G SELATAN VI *-49 10/12 12/12 14/12 G SELATAN V V-M 21/12 23/12 25/12 BELAMW 17/12 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TMN DECKERS ON256 words
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Page 30 Advertisements
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Advertisement469 1986-12-08 30 > FINE-LINER SHIPPING PTE LTD TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MNX.E EAST SERVICE 11/12. 14/12. 11/12 DUBAI, BAMtAM, MUSCAT. DOHA. DAMMAN 25/12. 21/12 KUWAIT ABU DHABI HONGKONG/CHMA SERVICE 14/12. 23/12. XMGANG. BEUMG. TIANJM. SHMOU, SHANGHAI. 31/12. S/l GUANGZHOU. NHAITOA 10/12. 17/12. 24/12 BANGKOK 22/12469 words
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Advertisement423 1986-12-08 30 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HE APC O FULL CONTAINER SERVICE TO PORT KELANG n 9/10 KC 13/14 OtC It/17 DEC 70/71 KC 7J/74 KC 77/71 KC PKLANG 10/11 KC IS423 words
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Advertisement627 1986-12-08 30 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLIr COMUCIII3D SERVICE TO EUROPE («U SUEZ) WRCHtra MIR lOKTO V7W !«»Nsm»iD woa vno CD ruts IN S p«f ItMarvt Adam 'slnrt Hbt»| Brrn Antwerp 10/12 »/12 3012 1/1 i/1 4/1 (/I 17/12 J/1 i/1 7/1 10/1627 words
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Advertisement795 1986-12-08 30 W4 Zi r.OMPAMA PFRUANA Df VAPORFFS fC P W COMPANIA PERUANA DC VAPOREES (C.P.V.) PERUVIAN STATE LINE" loading tor CaMao Matarani Ro and all othff Permian ports nntti transhipment at Kobe On CPV Througn Bids at Lading to Imal destination Pwanf* P. Keianf IOHAUfERETT MURRATEWRETT THOMASLVERETT 1* S«i(jpott 17/11 Dm795 words
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Advertisement315 1986-12-08 30 ZIM FULL CONTAINER SERVICE jccephnf fCI/LCL cjrfon to USA E«t I Cjfribbemljst Canada. HAITI. Port fa Spa*. |«Mn N SI LUCIA zim eilat container line sm cth mi rt *a ns ot UNC HM *0 2 It/12 Jl/ll M SMGAPOH 11/12 X/ 12 4/1 (/I »/l 11/1 12/1 Fa to315 words
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