The Business Times, 24 December 1986

Total Pages: 22
1 22 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, DECEMBER 24, ISBC 75 CENTS
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  • 232 1 STOCK MARKET QUIET AND FEATURELESS trading characterised the stock market which closed mixed yesterday. The BT Composite Index rose 0.79 point to 784.79 and the Straits Times Industrial Index gained 2.27 points to 898.66. Losers led gainers by 73 to 62. Volume remained light at 11.77 million
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  • 431 1  -  Teck Hock allowed time to sort out trading problem By ALVIN TAY,BOEY KIT YIN CREDITOR BANKERS of leading commodity trader Teck Hock (Pte) Ltd yesterday agreed on a two-week moratorium to give the company time to sort out what has been described
    431 words
  • 121 1 Bernama ABOUT 100 DEPOSITORS of the suspended Syarikat Kerjasama Penjaja-Pehjaja dan PeniagaPeniaga Kecil Selangor Bhd, or Sakapp, waited in vain at Klang Sessions Court yesterday for the appearance of former chairman Datuk Dr Tan Tiong Hong in connection with the misappropriation of the cooperative
    Bernama  -  121 words
  • 98 1 Bernama MALAYSIA'S air services agreement with Singapore should be reviewed so Malaysia may become the gateway for this region, Malaysian Airline System managing director Datuk Haji Abdul Aziz Rahman said in Kuala Lumpur yesterday. Every effort by the government or related agencies to
    Bernama  -  98 words
  • 403 1 NEW ZEALAND will withdraw its troops based in Singapore under the Five Power Defence Arrangement (FPDA) in 1989, the country's prime minister, David Lange, announced yesterday. The move comes about 10 months after Mr Lange reaffirmed that New Zealand would not
    403 words
  • 358 1 Bernama ES BANK NEGARA applied to the Kuala Lumpur High Court yesterday to appoint receivers for de-posit-taking cooperatives investigated by the central bank. Bank Negara governor Datuk Jaffar Hussein emphasised that the move to place these DTCs under receivership is a matter
    Bernama ES  -  358 words
  • 414 1  -  By FOO CHOY PENG, Chief Reporter AN ASSURANCE that the government has no intention of changing the one-man-one-vote system was given yesterday by the First Deputy Prime Minister. Mr Goh Chok Tong's assurance came a day after Senior Minister (Prime Minister's Office) S Rajaratnam
    414 words
  • Page 1 Advertisements
    • 229 1 Cahners Exposition Group LJoa The Exhibition People Win this giant bubbly if you can CHAMPAGNE. So much of it 900 centilitres of Moet and Chandon bubbly that Sakina (our lady in the picture) would like to hold on to that giant bottle for as long as she can. But give
      229 words
    • 299 1 Raffles under scrutiny AN INCOMPARABLE LANDMARK in Singapore, the Raffles Hotel, came under discussion once again when a recently released tourist product development plan contained several suggestions on redeveloping the 100-year-old property. The objective? To make it "the Crown Jewel of the visitor industry in Singapore". S«e Page 6 mm
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    • 163 1 BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD THE WORKING COMMITTEE of the Businessman of the Year Award will announce the results of the essay contest and "Know the Business" contest tomorrow. Both contests received favourable response from the public. In the essay contest on the subject "Companies: their responsibilities
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    • 173 1 w 15 -17 Jarxiary 1987 World Trade Centre Sngapore Organised t>y CBS EAT, DRINK AND BE MERRY Have a tropical Christmas rB a-i t 1.1.1.1/0 jtl 1. S€4KX»-TH€^TK teast at the bearood-lneatreLpcxrcrofi^TH^iKswuwmg-Restaurant Theatre Pomfret, King Prawns in Lemon Sauce. Tom Turkey and more. Set dinners, $30-$65 per person on 24
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  • HOME NEWS
    • 395 2  -  By CHARLES SAVAGE THE PUBLIC WORKS Department will spend $10 million over the next six months to firm up sections of the East Coast Parkway and Central Expressway. These are road sections leading on and off various bridges and culverts on the
      395 words
    • 168 2 THE PRESIDENT of the Royal Society of Great Britain and Nobel Prize Winner for Chemistry, Sir George Porter, will be the next Lee Kuan Yew Distinguished Visitor to Singapore. Sir George, who has long been associated with the advancement of science education, will
      168 words
    • 217 2 LOCAL TRADERS should not be disheartened by gloomy world trade prospects. They should make use of their knowledge, expertise and past connections to move into new avenues of trade, says the president of Singapore's largest business group. G Ramachandhran, the president of
      217 words
    • 414 2  -  By MARTIN SOONG KING RADIO Corporation will be investing $1 million next year to gear up for the manufacture of its low-end avionics and communications products which are being transferred to Singapore from the United States. Within the next one and a half years,
      414 words
    • 365 2 THE GOVERNMENT has been urged by companies to set up a computerisation centre to give free or low cost consultancy services on hardware and software requirements. This proposed centre could also help small companies buy software packages suitable for their
      365 words
    • 116 2 BARGAINABLE STAFF of The Dynasty Singapore will now retire two years later, following the recent signing of a new collective agreement between the hotel and its union. The agreement between the hotel and the Food, Drinks and Allied Workers' Union allows workers to retire
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    • 103 2 PARTY-GOERS this holiday season may be glad to know that Coca-Cola is now available in larger bottles. Fraser Neave, bottlers of the world's leading soft drink in Singapore, introduced Coke in new two-litre bottles yesterday, the first of its kind in South-east
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    • 216 2 JAMES CHANG DAH CHIN and RALPH CLUMECK are now deputy regional managers of the Bank of Canton Ltd's regional office in Singapore. Mr Chang, who has 16 years' experience in banking and business, was formerly manager of the bank's Singapore branch. Mr Clumeck is seconded from Security
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    • 213 2 THE NUMBER OF TOURISTS visiting Singapore so far this year has hit a record 3.17 million, indicating an annual growth exceeding the official target of 3 per cent. With just seven days to the end of the year, 1986 looks set to record
      213 words
    • 267 2 FEWER PEOPLE wanted a government hospital bed last year, but more needed help for their teeth. According to the Health Ministry's latest annual report, the number of people who checked into the 10 government hospitals on the island dropped from 91 per 1,000 people in
      267 words
    • 85 2 WHILE YOU ENJOY yourself over this festive season, please remember to observe fire safety precautions. The Fire Brigade urges all managements of buildings to keep fire escape passageways clear and not to lock fire escape exits. Officers from the Fire Brigade will be making
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    • 80 2 A FEW MEN are masquerading as Ministry of Environment officers, claiming that they are collecting money for the ministry's Christmas party. No person has been authorised to collect donations for any social or other fund-raising project on behalf of the ministry, a statement from the
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    • 224 2 ONE THOUSAND Japanese will descend on Singapore next May for an international gathering of Jaycees. The Japanese contingent will be the largest of the national groups. In all, about 2,300 Jaycees will attend the conference. They are expected to spend more than $1
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    • 468 2 Seminars and Courses V 15-17 Januarv 1987. (ti ELECTlDaCS PBt NXnONAL SECURITY K ASM 87 1 World T rade Centre, Singapore. DURATION TITLE VENUE ORGANISER TELEPHONE Jon 2-23 Management Assistance National National *****66 Programme Productivity Productivity Board Board Jan 3-17 Financial Management National National *****66 Ano lysis Productivity
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  • Page 2 Advertisements

  • ASIA-PACIFIC
    • 421 3 UPI SAUDI ARABIA, Opec's largest producer, is poised to reduce its immense 60 million-barrel overseas crude oil stockpile but appears to be moving cautiously to avoid subverting the cartel effort to raise oil prices. Petroleum Intelligence weekly has reported. The Saudi government will not
      UPI  -  421 words
    • 307 3 Reuter ISRAEL'S cabinet has decided in a marathon session to form two ministerial committees to settle differences over a controversial plan aimed at ending a decade of economic stagnation, ministers have said. The US-inspired plan is intended to bring Israel's social-ist-oriented economy more into
      Reuter  -  307 words
    • 796 3 ARRIVALS Operator Service Local From number time OA OA471 0015 ATH UA UA805 0100 SFO/HKG SIA SQ11 0125 IAX/NRT SIA SQ41 0615 MAA MAS MH681 0820 KUL SIA SQ47 0825 DEL KAL KE624 0850 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950 KUL
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    • 174 3 AP AN ISRAELI entrepreneur has made a fortune selling bottles of water from the Jordan River, holy to millions of Christians. "As a Jew I don't believe the water from the Jordan is holy. But I'm pleased to cater for those who do," Rami
      AP  -  174 words
    • 591 3 NYT NORMALLY, this is a jolly season for Japanese employees, the time they receive winter bonuses worth several months salary. But this year, about 7,000 managers at the Matsushita Electric Industrial Co got envelopes stuffed not with cash but with coupons good
      NYT  -  591 words
    • 139 3 Reuter THE AUSTRALIAN Arbitration Commission has opted for a new two-tier wage fixing system in place of the indexation of wage increases to consumer price rises. The plan involves a flat wage rise for Australia's 6.5 million wage earners and company-lev-el bargaining for
      Reuter  -  139 words
    • 679 3 |-\THE YEAR IN XEVIEty Chinese economy 4 AFP THE CHINESE economy showed in 1966 its ability to stabilise itself without the country having to abandon its ambitious programme of economic reform, analysts say. The sudden destabilisation at the end of 1984 of an economy
      AFP  -  679 words
    • 394 3 Bernama ES MALAYSIANS should be more self-reliant regarding further economic growth in view of the hostile international environment and increasing protectionism, says the head of the economics and international department of the Ministry of Finance. Clifford Herbert said in Kuala Lumpur yesterday that the
      Bernama ES  -  394 words
    • 140 3 THE VICE-CHAIRMAN of Hongkong's Retail Management Association (RMA) suggested taxing the rich, and not the man in the street, in response to a report that the government was thinking of introducing indirect taxes on consumer goods. Mr lan Wade, who is
      140 words
  • Page 3 Advertisements
    • 53 3 irpw 7" The business person's choice, I 1/ /I I J/\ V/ every Tuesday, Thursday, Saturday I I \f I and Sunday. Leaving Changi Airport I JL V JJ—\JL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective thru
      53 words
    • 176 3 CORUM n V i|.vs c\ ?9n fy\ f9k. p Men and women of distinction always have something rare in common, like a Corum watch on their wrists. For instance, the "Romulus" in 18 carat gold with the "Roman hours hand-engraved on the rim. Romulus. An ultra-slim, quartz and water-resistant model.
      176 words
  • Page 3 Miscellaneous
    • 48 3 Doonesbury m M iri«r«r> i)U< m m •4 ft M IHSFORM 7& 1, 1 2 BY GARRY TRUDEAU HANDSOME! SPIKB-HARW! "IF KXJ ONLY S6B ONS PBKFOKMANCB ART Pt£C£ IHISHEK, MAKB THIS THE ONE. TAKBSOMEONE KUPOS TO MS. CAUCUS! TAteSOMBONBYOU t 7/V7 fifl KS V m 5*7 3 Cs3l2>&u>—-
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  • REST OF THE WORLD
    • 472 4 Effort to maintain growth necessary Reuter THE UNITED STATES must give priority to cutting its huge trade and budget deficits, while also trying to maintain economic growth and avoid new inflation, says the Organisation for Economic Cooperation and Development (OECD). In an annual
      Reuter  -  472 words
    • 153 4 AP IMPORTS of textiles into the US totalled US$25 billion this year, up 17 per cent over 1985, the American Textile Manufacturers Institute said. Domestic textile sales increased by 4 per cent to U5554.7 billion during the same period but continued to suffer at the
      AP  -  153 words
    • 409 4 UPI PRESIDENT RONALD REAGAN, whose administration has been rocked by the Iranian arms-con-tra aid scandal, has signed a proclamation declaring May 7 as a national day of prayer, saying all presidents have turned to prayer "in times of crisis". The president, showing
      UPI  -  409 words
    • 387 4 Reuter HARDLINE PROTESTANTS gave British Prime Minister Margaret Thatcher an angry reception yesterday when she made her first visit to Northern Ireland since the signing of the controversial Anglo-Irish agreement last year. Leaders of the Protestant majority who have denounced the agreement as
      Reuter  -  387 words
    • 336 4 A GROUP studying governmental regulations proposed on Monday abolishing US fuel economy standards, saying they are crimping the ability of American carmakers to respond to market demands. The presidential task force on regulatory relief, re-established by President Ronald Reagan on Dec 15
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    • 183 4 UPI THE MEXICAN Congress passed a tax package in a marathon session that indexed some taxes to inflation, which is expected to pass 100 per cent this year. The so-called "fiscal miscellanea" was approved last Sunday by 202 votes, with 15 Congressmen voting against the
      UPI  -  183 words
    • 392 4 UPI A FEEBLE but undaunted Andrei Sakharov returned to Moscow yesterday, ending almost seven years of internal exile, and described the agony of forced feeding and isolation in Gorky and vowed to continue the battle for human rights as long as
      UPI  -  392 words
  • RAW MATERIALS
    • 89 4 OIL PRODUCTS YESTERDAY saw thin trading on the Asian petroleum products market as traders reassessed the market trend amidst much bullishness. Except for jet kerosene which remained stable, all other products firmed. Closing prices for crude (FOB origin) US$/barrel Change Dubai (Jan) 15.90 0.55 WTI, West Texas Intermediate, (Jan) 17.28
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    • 204 4 MALAYSIAN crude palm oil prices closed firmer yesterday on light covering and some speculative buying interest, supported by the firmness in futures prices and a higher overnight Chicago soyoil futures close. However, trading remained thin on reserve of sellers and ahead of the year-end holidays. In the December
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    • 66 4 Bangkok (USS/tonrw, FOB) White Rice 100% 1»» dos» 245 100% 2nd dosj 210 100% 3rd ckm 205 5% 195 10% 190 15% 185 20% 175 25% 170 35% 170 Broken Rice A-1 Sup«r 118 A-l Special 115 C-l Special unq C-1 Ord unq Loonzain Rice 100% 1st grade unq
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    • 109 4 THE PRICE of tin on the Kuala Lumpur Tin marfcat rota 16 cants to M 516.79 par kg yaatarday in Una with a steadier European spot marfcat. Trading waa light with light European and local year-end buying boosting prices, with expectations the market is likely
      109 words
    • 284 4 SINGAPORE The market closed slightly lower yesterday with January One RSS buyers quoted at 182.50 cents a kg, down 0.25 cent from Monday. The morning session lost 0.75 cent on some long liquidation in very quiet trading. Prices recovered slightly in thin afternoon trading on book-squaring activity ahead of
      284 words
    • 146 4 Chinese Produce Exchange Sellers' noon doling prices on Dec 23 (SS/100 kg). Coconut oil Bulk FOB 66.00 Old drum FOB 76.00 New drum FOB 86.00 Copra 33 Miied (loose) buyers Pepper Muntok White FOB NIW 141 5 00 Sarawak White FOB foq NIW 1400.00 Sarawak special block FOB
      146 words
    • 87 4 (centi/kg, 1 -tor 1 f JAN 87 FEB 87 (current month) (forword month) NOON NOON RAS Buyers Sellers ky*n Sellers SS* 30 173.00 174.00N 173.00 175.00N SS* 50 170 00 172.00N 171.00 173.00N MRELB Buyers Sellers Buyers Sellers SM* CV 379.00 381.00N 380.00 282.00N SM* L 381.50
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    • 278 4 RAS prices In S c*nt*/kg, FOB In bal*a NOON CLOSE Buyer* Sellers Buyer* S*ll*rt lot 1 RSS Prompt 182.00 183.00N 183.00 184.00N Int 1 RSS Jan 87 181.50 182.00 182.50 183 JO Int 1 RSS Feb 182.00 182.50 183.00 183.50 Int 2 RSS OP 176.00 178.00N 176.50
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    • 596 4 COFFEE Robusta futures edged up from earlier lows during routine late trading on Monday, matching an upturn in New York, with contracts ending £10 to £4 lower than last Friday's close. March futures traded last at £1,770 a tonne, down £10 from last Friday and compared with a
      596 words
    • 238 4 SOYBEAN FUTURES on the Chicago Board of Trade closed on or near the highs on Monday, up four to 2% US cents per bushel in light trade. January settled at U554.9014 after posting a 4%-cent range on the day. Slow country movement, tight available supplies and an unexpected rally
      238 words
    • 234 4 WHEAT FUTURES on the Chicago Board of Trade closed on the highs on Monday, up 4!4 to 2% US cents per bushel in moderately light trade. March settled at U552.77% after posting a 5%-cent range on the day. Tight available supplies of SRW wheat, a firm cash basis at
      234 words

  • BANKING AND FINANCE
    • 333 5 Bernama ES THE ACTIVITIES of commercial banks and finance companies picked up moderately in the second quarter of 1986 but the overall activities of merchant banks remained subdued, according to Bank Negara. In its latest quarterly bulletin. Bank Negara said
      Bernama ES  -  333 words
    • 153 5 SAMUEL Montagu Securities, a joint investment between British merchant bank Samuel Montagu and UK life assurance group London and Manchester, has been awarded an integrated securities licence to operate in Japan. The new company is expected to become operational by mid-1987. The
      153 words
    • 570 5 Reuter A PERIOD OF wild foreign exchange fluctuation, in which the US dollar, yen, mark and other currencies bounced up and down in value, should subside next year, dealers and economists in Tokyo said yesterday. Political and economic considerations will lead the markets, abetted
      Reuter  -  570 words
    • 375 5 AFP MASSIVE foreign exchange buying in Indonesia triggered by an impending budget announcement resulted in a record-breaking U*****.85 million being withdrawn on Monday. However, central bank officials in Jakarta said yesterday that the dollar chase had been anticipated and no special measures would
      AFP  -  375 words
  • MONEY AND EXCHANGES
    • 693 5 SINGAPORE: The US dollar closed slightly firmer yesterday against major currencies after fluctuating narrowly on some buying interest which alternated with stop-loss selling. Trading activity was thin as the market lacked fresh factors and most operators were unwilling to establish new positions due to the upcoming Christmas and
      693 words
    • Article, Illustration
      131 5 THE OVERNIGHT rate on the Singapore interbank market closed at 4-7/8 per cent yesterday, up 5/8 point from Monday's close One month rose 1/4 to 4-1/2 while two and three-months were unchanged. Indicates the average of the prime lending rates ot 12 major banks In Singapore S$ Interbank
      131 words
    • 290 5 HONGKONG: The metal closed higher yesterday on a few local buying orders but major houses were reluctant to establish new positions ahead of Christmas. Bullion ended at U*****.90/394.40 an ounce against an initial US$393 80/394.30 and was above New York's U*****.60/393.10 close. On the local market, gold lost
      290 words
    • 171 5 Interbank rates at 3pm yesterday: Cunwdtt ItomliiAl Md 1 retee 1 Oder Local dollars to on* unit of foreign currency. US dollar 2.1885 2.1895 2.8196 -22.38 Sterling pound 3.1547 3.1583 7.3469 -57.06 Australian dollar 1.4630 1.4658 3.4286 -57.33 NZ dollar 1.1456 1.1483 3.4286 -66.59 Canodian dollar 1.5893 1-5912
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    • 312 5 ASIAN DOLLAR deposit rates closed steady yesterday at lower opening levels in quiet afternoon trading. Activity was slow in the afternoon as most operators were sidelined in the absence of fresh factors and awaiting the release of US November durable goods orders, expected to show a rise
      312 words
    • 571 5 BA Futures MARCH Eurodollars opened slightly higher at 93.93 yesterday and continued to trade higher to the day's high of 93.95 on carry-over buying interest from overnight levels. Trading activity lapsed into a thin and quiet preholiday session for the greater part of the day with most traders squared
      BA Futures  -  571 words
  • Page 5 Advertisements

  • FEATURES
    • 573 6 STUDENT movements are probably the most romantic of all political movements because they try to turn causes into Causes. This was the idiom of the student protests of the late 60s in Europe, and though they might have been misguided, they tried to make up
      573 words
    • 2255 6  -  One of the most internationally known landmarks in Singapore, the 100-year-old Raffles Hotel, should be redeveloped and made a place for VIPs and state guests, a suggestion contained in a tourism report released recently. LIM SOON NEO looks at how this will affect the
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    • 68 6  -  letter te the Editor LARRY KOH DEAR SIR, Cerebos Far East is listed on the First Section of the Stock Exchange of Singapore. Although it has been paying annual dividends, it has not qualified to be a Trustee Stock. However, SI A,
      68 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • 728 6 ORJS7OU3 LOHPvT'S IDCR OF INJ THIS ROfeBiSH TO TVFfeD J 3 hojj dp>R£ you p i its r love Pbern gmtitljed VCDe TO my 60O<EN HEART 7 A>jgjui- vm H£OE to Type X BO < I'rn NOT 1 ON RT PRTMeTIC \drwcl got out of Bcd Tne WRONG S iDe,
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  • SPORTS
    • 157 7 AP TOP-SEEDED Javier Sanchez of Spain, the number one junior player in the world, defeated Harry Anderson of South Africa, 6-0, 6-3, on Monday in first round action of the Boys 18 Division at the 40tn annual Orange Bowl tennis championships.
      AP  -  157 words
    • 160 7 Reuter HEAVYWEIGHT champion Mike Tyson of the United States and super-featherweight holder Julio Cesar Chavez were on Monday named boxers of the year by the World Boxing Council (WBC). Tyson, 20, became the youngest ever world heavyweight champion when he knocked out
      Reuter  -  160 words
    • 148 7 AFP ENGLAND midfield player Steve Hodge duly completed his £650,000 transfer from Aston Villa to First Division rivals Tottenham in London on Monday. The 24-year-old had no problem agreeing terms with Spurs manager David Pleat and passing the customary medical examination, after the clubs had
      AFP  -  148 words
    • 876 7 UPI WHEN ALAIN PROST sets out next April to win the world championship for the third successive time. Formula One car racing will be starting a year of major upheaval. Goodyear and Pirelli have ended their contracts to supply and maintain tyres
      UPI  -  876 words
    • 430 7  -  Preliminary talks on tennis tournament next week By WALTON MORAIS PRELIMINARY negotiations will be held next week to discuss the possibility of Singapore holding a US$lO,OOO Asian satellite tennis tournament next year. Asian Tennis Federation secretary Eichii Kawate arrives in the Republic next week to brief
      430 words
    • 552 7 AP DIEGO MARADONA, who led Argentina to victory at the World Cup in Mexico, and tennis ace Martina Navratilova were chosen as international sportsman and sportswoman of 1986 by the sports writers of the Associated Press in Europe Maradona. whose individual skills and
      AP  -  552 words
    • 615 7 UPI NEW ZEALAND'S fibre-glass yacht, bombarded with gamma rays and pierced with a drill, has met all weight distribution requirements for a legal America's Cup contender, ending three months of bitter controversy. After a thorough resurvey with ultrasonic, gamma measuring and hull drilling tests. R
      UPI  -  615 words
  • Page 7 Miscellaneous
    • 1134 7 TJ (MD mm DRESS GRAY 9.30pm, Channel 5 This mini-series is based on Lucian K Truscott's bestseller. It is set against the backdrop of the Vietnamese conflict in the late *****. The programme deals with the suspicious death of a cadet at the fictitious US Grant Military Academy and the
      1,134 words
    • 71 7 T--'T mm \27hen facep with a Really long putt IT IS SETTER TO ERR ON THE StPE OP CAUTION! ..UNLESS /HAVE TO HOLE A long Putt to w//v y PREFER TO LAV THE BALL OR SNORT OP THE HOLE NEVER BOLT A LONG PUTT. TRY/NG TO HOLE A &/X FOOTER
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  • INTERNATIONAL STOCKS
    • 319 8 Reuter BUSINESS IS BOOMING on London's Unlisted Securities Market, where shares of smaller firms are traded, confounding analysts' concern that the USM would be submerged following major stock exchange reforms in October. The so-called "Big Bang" deregulation of the London Stock Exchange on Oct
      Reuter  -  319 words
    • 132 8 Reuter THE US Securities and Exchange Commission has charged that a former Lazard Freres and Co analyst gave insider stock trading tips to Drexel Bumham Lambert Inc executive Dennis Levine. The SEC charged that Randall Cecola, of Cambridge. Massachusetts, also made US$2l,BOO in
      Reuter  -  132 words
    • 358 8 Reuter WALL STREET STOCKS fell broadly in moderately active trading on Monday, although late-day buying pared some of the losses. Weekend news that Opec plans to cut production and will try to raise prices triggered gains in oils while transports pulled lower. The
      Reuter  -  358 words
    • 172 8 DEC 22 C 1 Abitibi Alcan Alum Algoma Stl Bank Nova Scotia Bank Of Montreal 28* 30* 10% 1754 33* unch Bait Canada Bp Raaourcaa Braacan CI A Campbl Laka Canadian Imp Bank Canpac Carllng O'Kaafa Cn Bthrt CI A Cominco Dom Tar Dome Minaa Faicb Lid Falconbridga Cop
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    • 203 8 DEC 22 RAND MDUSTftlALS A Alpha 1200 150 320 1400 -25 450 AMIC 462S -25 1890 +10 C G Smith 2975 unch CNA 275 unch Currie Finance 475 *****S 15 Fed Volk 190 unch Fugit 7008 Hiveld 590 -S Lib Holds 2850 -50 1450 -40 LTA 200S M And
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    • 625 8 Dec 22 US Alcan Alumin Alcoa Alleg Inn Allied Sig Allied Stores Allis-Chalmers Am Brands Inc Am Can Co Am Cyanamid Am Elec Pwr Am Express Am Home Prod Am Motors Cp Amax Inc Amerada Heaa Amoco Corp Amr Corp Armco Inc Asarco Inc Atl Richfield AM Avon
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    • 889 8 Amsterdam DEC 22 FLS ABN 529 50 15 Aeoon 86 SO 15 A hold ***** -0 3 Akzo 161 10 +1.2 Alrenta 141 30 unch AMEV 74 90 >04 Amro Bank 90 20 -09 Ass Stad 122 00 unch Berkel 1660 0.6 BOLS 166 00 -0 5 Bormumn
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    • 62 8 AP TELERATE INC has reached agreement in principle to acquire the 49.6 per cent minority ownership of the APDow Jones-Telerate Co, which operates the Telerate on-line financial information network outside North America. Telerate's purchase of the shares held by the Associated Press and Dow Jones and Co Inc
      AP  -  62 words
  • Page 8 Advertisements
    • 130 8 < m wm rr I srg ■,Jd':'. WBWMBBmm 3 ir»^P 4- 8^ sr^ S2 #r:P isaSFl* 11l fftIJMHSAN iSi SZECHUAN RESTAURANT CONGRATS! You're Our Lucky Winners This WMkl MISS HO SIEW FAH MISS ANGIE LIM You can be one of our lucky winners too! Each time you have a lunch
      130 words
    • 175 8 Santa's Bagful of Fun and Prizes for the Whole Family December 25,1986. 12 noon 3 pm. Jervois Room Magician Cician and Sharity characters. Santa and his clowns tickle \vith their antics. Win three Fuji auto focus cameras and Peerless Foods festive hampers. Doorgifts of Riley's Chocolate toffee rolls Torch mixed
      175 words
    • 121 8 Don 't miss Tfiis Wednesday on 17-12-66 A ss c ?5 id IV- $12 per person Lunch 12 noon to 2 30pm (Every Wednesday) 181. Kitchener Road. Singapore 0820 >1 *****22 Just some of the reasons why you should try the Royal Table Barbeque Buffet 1. Over 23 items, including
      121 words
    • 117 8 Teppanyaki Set Lunch at $18.00+ With a choice of beef, chicken or seafood and served with appetizer, rice, soup, pickles and dessert OR 12 different sets of Japanese lunches priced from $10+ +to $20++ per set Lunch: 12 Noon-2.30 pm Pinner: 6.30 pm -10.30 pm -ir 10 Eu Tortg Sen
      117 words
    • 134 8 London stocks on Pags 11 l v» VI KAnd now, for your great pleasure, may we present our clever combination of culinary craft and calisthenic capabilities, the incomparable Long Jiang Sichuan Prawn Roll. Send one tumbling through a succulent sauce. Sensational. Come for lunch 2Q or dinner anyday. 1* ORown
      134 words

  • ASIAN STOCKS
    • 408 9 Reuter HONGKONG: Share prices closed slightly lower yesterday on late profit-taking by small investors, but underlying sentiment remained bullish. The Hang Seng Index edged down 1.83 to 2,501.94 after reaching a record 2,503.77 on Monday. However, traders said they expected the index to resume its rise after temporary consolidation
      Reuter  -  408 words
    • 300 9 Dec 23 NT S All Sincara Indus 1 97 0 01 Asia Cement 28 30 unch Cathay Cona 34 70 unch Chang Hwa Bank 3680 0 4 Chang Loong 27 10 0.1 Chia Hsin Cement 26 60 0.1 Chin Hain Flour 11 30 006 China Cham 22 80 0
      300 words
    • 468 9 TOKYO: Stocks closed narrowly mixed yesterday in dull trade as most investors held to the sidelines ahead of tomorrow's start of trad- ing for January settlement, brokers said. The market average lost 16.85 to close at 18,808.55, after falling 104.63 on Monday. Declines led advances by nearly two to
      468 words
    • 132 9 DCC a WON ChaM Sugar Daa<im IrxJ Daewoo Corp Daewoo Haavy Daiahin Sacurlttaa Dong Ah Phar Dong Sub Slock Dongbu Staal Goto Star Hartil Bank Hantl Camant Hanfcuk Glaaa Hanyang Chamtcal Hyundai Const Hyundai Motor 1SS0 906 991 1290 3910 814 1711 1000 1690 921 1152 1290 1194 1140
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    • 451 9 SYDNEY: Australian share markets yesterday closed at record highs, but off their all-time highs, as interest in resource and gold stocks offset falls in the media and banking sectors. Brokers said the markets were trading cautiously because several major operators in the share price index futures market were believed
      451 words
    • 161 9 BANGKOK: The Stock Exchange of Thailand Index rose 2.14 points to 206.47. Turnover totalled 1,366,682 shares worth 316.2 million baht. dcc a •ANT Ao Kham Thai Ayudhya Invaatmai IN 224 Bangkok Aground ....SB 4 Bangkok Bank ....S3 4 Bank Of Ayudhya CharoongThal Wti 193 ra 1 A Cabta 347
      161 words
    • 45 9 Mirmil Oriental B 003 0 002 0 038 0 002 Pnii«i B 0.46 0 02 SSf 8 400 an unch 2.5 San Miguel B in 0021 2 0 001 &ma Darby 26 50 +1 Suogao Con B Uatphii 0035 2.06 -0.001 1.46 +n mm
      45 words
    • 54 9 AFP JAPAN'S Komatsu Ltd has announced that it will provide technical expertise on tunnel boring machines to Robbins Co of the US, a partner in the project to build undersea tunnels between Britain and France. Komatsu will help Robbins draw up the basic design of five machines
      AFP  -  54 words
    • 484 9 Reuter JAPANESE investors have yet to satisfy their appetite for foreign stocks and bonds and could buy another 30 billion yen over the next three months, according to securities investment managers in Tokyo. This year's deregulation of overseas investment rules and
      Reuter  -  484 words
    • 109 9 Reuter SHAREHOLDERS associated with Lion Corp Ltd who hold in excess of 10 per cent of the capital of Dominion Breweries Ltd (DB) have rejected the full takeover bid for DB by Magnum Corp Ltd, Lion Corp said in a statement released in Wellington yesterday.
      Reuter  -  109 words
    • 172 9 AP THE BOEING Commercial Airplane Co confirmed orders for five jets from five airlines on Monday. Far Eastern Air Transport and China Airlines, both of Taiwan, and an unidentified customer each added one 737-200. Pacific Western Airlines of Canada added a *****0, and All Nippon
      AP  -  172 words
    • 140 9 Reuter JAPAN will extend its monitoring of Japanese brokers' activity abroad to trading of corn and copper futures on US markets, an official of the Ministry of International Trade and Industry said on Monday. The ministry, concerned about unethical activities, will require the brokers
      Reuter  -  140 words
  • Page 9 Advertisements
    • 149 9 >7 R» m w, s I tS wsm. r~Is ir.fi *?+@|"-@`(+~*+|,*,<:*\)*[=|`({\ Celebrate the season with romance and candlelight Plaza Steakhouse wishes you a Merry Christmas full of drinks, dinner and dancing on the most special days of the year: Pre-Christmas Eve Gala Dinner Dance*, $40. Dinner only, $28. Free glass
      149 words
    • 122 9 If, just boogie down to the Black Velvet Gold Club. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine. Ladles Night and no cover charge for couples till 10pm Sunday to Friday. Ample free parking.
      122 words
    • 161 9 A Celebrated Festive Fare 24 31 Dec *86 9pm to 3am Dance to your heart's content First Drink $40 nett (Non-Member) S3O-- per person (Member 1 Guest) Inclusive of Novelties, Reindeer Mug Door Gifts 25 Dec 86 1 Jan '87 9pm to 2am Dance all night long to the latest
      161 words
    • 219 9 FESTIVAL OF BELLS AT THE H7HTT COME ALIVE WITH CHRISTMAS CHEER AT... '.HUGO'S •Traditional Christmas Eve Dinner Novelties Live Band for listening and dancing pleasure $135* tVUTMECS Christmas Eve Dinner Novelties Live band Dancing $100* There s also an a-la-carte menu with a dessert buffet I PETE'S PLACE I Christmas
      219 words
    • 248 9 COFFEE GARDEN Buffet Lunch 12 noon 3pm Roast Tom Turkey/Sirloin Beet (New Year). Peking Duck ft 30 other specialties Free novelties $15++ (Adult) $10++ (Child below 12) Romantic Candlelight Buffet Dinner ft Dance 7pm 3am Complimentary glass of Red/White wine, novelties. mobile disco ft Lucky Draw $35++ (Adult) $25++ (Child
      248 words

  • SHARE INFORMATION
    • 4098 10 AFTER A DAY of lethargic trading devoid of any significant price fluctuations, the stock market closed mixed. The BT Composite Index rose 0.79 point to 784.79 and the Straits Times Industrial Index gained 2.27 points to 898.66. Losers led gainers by 73
      4,098 words
    • 268 10 SINGAPORE Rises Indices CoM S»<x. IOp 3*0 16 OK 22 Dac 23 0 I S 9)0 ■MS •T Compowia 714.00 7A4.79 Waomot 525 15 ■T Indicator *****294 *****134 Carabot 50* 4»a 10 IT OI/OS .115 36 Y M S 33a 10 IT CADI -6932 -6942 s s
      268 words
    • 2820 10 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".
      2,820 words
    • 432 10 LAST FULL YEAR Company Period Dot* Year Net EPS Groa Net announced ending (cents) dtv profit lost year ($•000) Ajinomoto Interim Sep 21 Dec 86 9.2 150 2.373 G 1 Hldgs Final Mar 30 Dec 85 2.0 1,4921 G 1 Hldgs Interim Sep 27 Dec 86 2.0 1.4921(h)
      432 words
  • Page 10 Advertisements

  • COMPANY NEWS
    • 454 11 Bernama THE KUALA LUMPUR Stock Exchange (KLSE) has asked the authorities to defer the implementation of a new share transfer form (form 32a). KLSE chairman Nik Mohammed Din Nik Yusoff said the committee has submitted a memorandum to the relevant authority,
      Bernama  -  454 words
    • 163 11 KUALA LUMPUR Kepong, which had been negotiating with Duff Bhd for the purchase of three estates since March, has said it is no longer interested in the properties. The talks apparently stalled over the price of the estates, which was earlier reported to
      163 words
    • 189 11 Bernama AOKAM TIN Bhd is still awaiting approvals from relevant authorities on its proposed acquisition of a 32.5 per cent stake in Cold Storage Malaysia (CSM). Speaking to reporters after its annual general meeting yesterday, Aokam chairman Tunku Abdullah Ibni Almarhum Tunku Abdul
      Bernama  -  189 words
    • 438 11 QUIET conditions continued to prevail at the Kuala Lumpur stock market yesterday but sentiment was slightly better and prices finished with small gains. Dealers said there was little interest among investors who were staying away ahead of the Christmas and New Year holidays. Only
      438 words
    • 391 11  -  jS Shcmqri Lci hotel First venture in South Korea By AMY CHEOK THE KUOK-CONTROLLED Shan-gri-La Hotel group is spreading its wings this time to South Korea. Shangri-La Hotel Ltd, the flagship of the Kuok group in Singapore. intends to take a 10 per
      391 words
    • 1677 11 BID and offer prices officially listed end 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. INDUSTRIALS Atom (718 725) (3) 71 111 70.5 (II 73
      1,677 words
    • 940 11 SHARES yesterday opened mixed in low volume in the absence of fresh factors and ahead of the Christmas holiday period. Among leaders ICI added lip to 1,088, Lucas 3p to 459 and Blue Circle a penny to 654 while BAT lost 2p to 469, Glaxo a penny to
      940 words
    • 53 11 RENONQ Berhad: Adjourned 3rd at Ming 3 4, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur, Malaysia, on Dec 26 at 11am. The 4th AGM follows immediately after the 3rd AGM. MALAYA GLASS Factory Berhad: 25th AGM at 72A. Jalan Tampoi, ***** Johor Bahru, Johor, on Monday, Dec
      53 words
    • 113 11 HONGKONG Hongkong Index Tuesdoy 1594.44 Monday 1596 74 Week ogo 1555 82 Hang Seng index Tuesday *****4 Monday 2503.77 Week ogo *****8 All Industrials Tuesday Monday Week ago NEW YORK Dow Jones Monday Friday Wert ago 2327.5 ***** 2307 9 *****8 1928 85 *****1 TOKYO Nikkei Average Tuesday
      113 words
    • 234 11 Manager*' prices MARA-Bumiputra for D«c 24 First B'putra 516 521 Sacond B'putra 449 4.74 Singapore Unit Trust Third B'putra Four* B'putra 3 69 414 3.74 4.19 Tha Contra 089 096 FiHti B'putra 246 271 TK« Savings Fund 0.82 om Sulk B'putra 174 2.79 S'pora Prog Fund 035 039
      234 words
  • Page 11 Advertisements
    • 408 11 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 (Revised) AND IN THE MATTER OF CHAROEN POKPHAND (SINGAPORE) CO PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and
      408 words
    • 417 11 UNIT 8 PTE LTD (In Voluntary Liquidation) At an axtraordinary general meeting of Unit 8 Pte Ltd held on 11 December 1986, the following Special Resolutions were duly pasted: 1. That Unit 8 Pte Ltd be wound up voluntarily and that Messrs Michael Lim Choo Sen, Jeffrey Heng Ghee Seng
      417 words
    • 268 11 CAPSAUN TRADING PTE LTD (In Member* Voluntary Wlndin#-Up) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of CAPSALIN TRADING PTE LTD duly convened and held at 36 Robinson Road. #05-01/02 City House, Singapore 0106, on 20 December 1986 the following resolutions were duly passed asSPECIAL RESOUmON That the
      268 words
    • 207 11 IQINT ANNOUNCEMENT OBEROI IMPERIAL HOTEL Hind Hotels International Limited and Oberoi Hotels Private Limited jointly announce: An impression has been created in the press that Hind Hotels International have terminated the Operating Agreement with Oberoi Hotels in respect of Oberoi Imperial Hotel Singapore, though the agreement was valid up to
      207 words

  • 572 12 Bigger role forecast for Japan IT IS UNLIKELY that the Soviet Union or China will back any push for power in the AsianPacific states for the time being, Prime Minister Lee Kuan Yew told the New York Times in a recent interview. The
    572 words
  • 370 12 Reuter STUDENTS again took to the streets of Shanghai in isolated protests yesterday, defying government warnings that demonstrations must have prior approval. More than 500 banner-waving students from the city's Tongji University marched through the streets and 50 others from the maritime and agricultural
    Reuter  -  370 words
  • 161 12 ELEVEN MORE COMPANIES have indicated to the Singapore National Employers Federation (SNEF) that they would like to initiate wage reform. The companies include BP Refinery, Cold Storage Holdings, Fraser Neave, General Electric, Metro (Pte) and Singapore Press Holdings. SNEF announced earlier this month
    161 words
  • 257 12 AFP HONGKONG'S mini export boom in 1986 should continue into the first few months of the new year. Financial Secretary Piers Jacobs said yesterday. The territory's gross domestic product (GOP) growth rate for 1986 should be "significantly better"
    AFP  -  257 words
  • 273 12 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba gave an assurance yesterday that the principles of the New Economic Policy would not be compromised by the relaxation of equity participation conditions for foreign companies in the manufacturing sector. "The NEP aspects relating to the restructuring
    Bernama  -  273 words
  • 165 12 Bernama MALAYSIAN Prime Minister Datuk Seri Or Mahathir Mohamad said yesterday that the expansion of the United Malays National Organisation to Sabah had been prompted by anxiety over the threat posed by the Parti Islam sa-Malaysia, which had established itself in the state.
    Bernama  -  165 words
  • 489 12 Bernama MALAYSIA'S foreign exchange earning prospects in the next few years are not too bright because the growth outlook for its major export markets and the outlook for prices of commodities are not encouraging. According to the July-Septem-ber quarterly Economic and Investment Review
    Bernama  -  489 words
  • 177 12 AFP NORMALISATION of ties between China and Indonesia will depend greatly on Beijing's commitment to non-involvement in South-east Asia, says President Suharto. The Indonesian president was commenting on Sino-lndonesian ties during a meeting with visiting US congressman Stephen Solarz yesterday. Mr Solarz said that President Suharto
    AFP  -  177 words
  • 541 12 AFP, Reuter JAPAN'S ruling conservative party yesterday adopted a plan for the most drastic tax reforms in 36 years, featuring almost US$2B billion in income tax cuts offset by a controversial new sales tax. The plan, approved by the executive council of
    AFP,; Reuter  -  541 words
  • 83 12 Reuter TAIWAN, faced with growing American protectionism, will cut its trade surplus with the US next year by lowering import tariffs and buying more US goods. A senior government official said yesterday that Taiwan planned to trim US$2 billion off its US$l3 billion trade imbalance
    Reuter  -  83 words
  • 96 12 Reuter COMEX GOLD FUTURES weakened slightly yesterday after opening steady as the market continued to ignore higher oil prices on the heels of Opec's output pact, brokers said. Many participants are still sceptical over whether most Opec members will abide by the new accord. Trading was
    Reuter  -  96 words
  • 54 12 Reuter WALL STREET stock prices eased in moderate early trading yesterday. A slight rise of 0.6 per cent in November non-defence durable goods orders, confirming the economy's sluggishness, fuelled market pessimism. The Dow Jones Industrial Average fell five points to 1921. Declines led advances three-two on volume
    Reuter  -  54 words
  • LATE FILE
    • 59 12 Reuter THE South Korean Finance Ministry proposes to open 27 of the country's 999 industry sub-sectors to foreign investment early next year, bringing the total to 789. A ministry spokesman in Seoul said the plan would open to overseas investment 97.7 per cent of 522
      Reuter  -  59 words
    • 36 12 Bernama THE MALAYSIAN government has set up a committee to study and check the unemployment problem among graduates in the country, Deputy Prime Minister Ghafar Baba said yesterday in Kuala Lumpur. Bernama
      Bernama  -  36 words
    • 44 12 Reuter COMMUNIST REBELS in the Philippines yesterday called for repudiation of the country's large foreign debt and closure of US military bases as they exchanged agendas with the government for peace talks due to start next month. Reuter
      Reuter  -  44 words
    • 47 12 AFP SOUTH AFRICA recorded a trade surplus of 13.5 billion rands (U555.94 billion) in the first 11 months of 1986, up from 12.02 billion rands in the corresponding period last year, the Department of Customs and Excise said in Pretoria yesterday. AFP
      AFP  -  47 words
    • 46 12 AFP THE US and Australia have formally recognised a new British-Hongkong passport to be issued to about 3.3 million people in the British colony, the Hongkong government announced yesterday. This followed similar moves by Switzerland and Spain earlier this month. AFP
      AFP  -  46 words
    • 77 12 AFP HUNDREDS of angry farmers have formed "death squads" to stop a US$BOO million missile site from being built on their land in eastern India. Defence ministry officials said yesterday the farmers had dug trenches, barricaded roads and paralysed the local administration around the proposed
      AFP  -  77 words
    • 40 12 UPI SEPARATIST tribal guerillas stormed into a village of Bengali settlers in the northeastern Indian state of Tripura and shot and hacked to death 10 people, police said yesterday. Four other people were wounded. UPI
      UPI  -  40 words
  • Page 12 Advertisements
    • 11 12 China builds solid base for raforms, Paga 3 Laadar, Paga 6
      11 words
    • 110 12 Strong yon taking Ite toll on Japanooo Industry, Paga 3 m V V\ rA Let BT show you the ropes for effective management every Monday BT, Singapore's biggest business daily, has two full pages on Management every Monday. This is essential reading for all successful professionals and executives. Incisive management
      110 words
  • Page 12 Miscellaneous
    • 61 12 wMsm Outlook: Fair and windy Raport lor 24 houra prior to 7.90pm on Doc 23at tha airport Maximum torn par atura 30 J Aaaoclatod humidity CO Minimum tomporatora 23.9 Aaaodatod humidity 90 Houra of aunaMno 10.75 n ■.jjiij.il In —aa Sal ITNIIITTWirW 111 I RalntoN thla month 327.0 flalnit rimum
      61 words

  • SHIPPING TIMES
    • 65 13 PORT CHARGES in Sydney, Port Botany, Newcastle and Port Kembla have been frozen for another six months until the end of June to improve their competitiveness Ports Minister Laurie Brereton said this meant that port charges will have increased by only 7 per cent in the last
      65 words
    • 56 13 Reuter MITSUI OSK Lines Ltd and Mitsui OSK Lines (Passenger) Ltd will jointly finance the building of an 18,000 grt cruise ship for delivery in early 1989 to expand passenger operations. Company officials said they have not decided which shipyard will build the ship, which
      Reuter  -  56 words
    • 373 13  -  By G DURAIRAJ SHAPADU KONTENA, the Port Kelang-based container haulier has been offered a controlling stake in a subsidiary of the Malayan Railway that is expected to play a major role in the development of intermodalism in the country. Shipping Times understands
      373 words
    • 269 13  -  By KINGSLEY WOOD PROBLEMS associated with management and work practices on the Australian waterfront are to be examined under a new government strategy aimed at improving cargo handling efficiency. The four-tier plan will be spearheaded by Sir John Moore, a
      269 words
    • PORTSIDES
      • 100 13 AP A SWEDISH tanker carrying 5,000 tons of crude oil went aground in heavy weather and was leaking in the Gulf of Bothnia off the Port of Gavle. Coast Guard spokesman Bengt Ove Bjorklund said it was not known how big the oil spill was, but he
        AP  -  100 words
      • 108 13 AFP THE CHIEF navigator of the Soviet liner Mikhail Lermontov, which went down last February off New Zealand, has been convicted by a Leningrad court in connection with the sinking, the December issue of Morskoi Flot reports. The magazine said that the navigator, S Stepanishchev, was
        AFP  -  108 words
      • 190 13 AP A RARE alignment of the earth, sun and moon is expected to raise tides to near-record levels around the world between Dec 28 and Jan 4, a US government agency warned. If coastal storms occur at the same time, a danger of flooding is
        AP  -  190 words
    • 427 14 Lloyd's List A 17 PER CENT increase in operating profits for 1986 has been achieved by the shipping companies under the umbrella of Norway s Leif Hoegh Co. Hoegh, a management company for a 40-strong fleet of vessels owned by independent shipping companies,
      Lloyd's List  -  427 words
    • 108 14 SEMBAWANG Shipyard has completed a $4 million facelift on the 460-passenger luxury liner Golden Odyssey, which sailed into the yard last month for drydocking, repairs and upgrading of facilities. Extensive repairs were carried out in the hotel machinery and the deck department, while new equipment
      108 words
    • 177 14 AP KAWASAKI HEAVY Industries, a major Japanese shipbuilding company, has won an order worth US$lB.7 million from the Nepalese government to build the world s second longest ca-ble-stayed bridge. Company spokesman Fumikazu Omata said that under a contract signed in Katmandu with Nepal's Ministry
      AP  -  177 words
    • 973 14 AB Shpg V 5 Accord Shpg VI 3 Ahrenkiel liner X 1 Alltrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Atlas line X 3 ANl 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Balt-Conada line VII
      973 words
    • 1213 14 SLOW pre-Christmas chartering on the London shipping freights market focused on Monday on a sprinkling of grain, ore, sugar and time-charter fixing the established bearish tone prevailed. Evidence of weakness could be seen in the US Gulf gram origin, where MBK fixed the Tozan Maru with a 34,000-ton
      1,213 words
    • 175 15 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
      175 words
    • 214 15 THE VOLUME of cargo handled at major Far East and South-east Asian container ports surged dramatically during the first half of the year. Figures produced by the Japan Container Association for the six months from January to the end of June
      214 words
    • 352 15 Reuter INDUSTRY MINISTERS of the 12-nation European community agreed to new rules on aid to shipbuilding to help EC manufacturers combat fierce competition from the Far East. Diplomats said a new fouryear plan would allow yards to receive aid from national
      Reuter  -  352 words
    • 226 15 AP IRAQI WARPLANES attacked an Iranian-chartered tanker near Iran's Kharg Island oil terminal in the northern Gulf, the London-based Lloyds Shipping Intelligence unit reported on Monday. The unit said the 269.195-ton Achilles was attacked on Saturday but suffered little damage. It was the first of several
      AP  -  226 words
    • 787 15 AFP LITTLE change was noted in the rate structure on the freight market over the past week despite an upturn in end-of-year fixing in grain trades. The key routes out of the US Gulf to Europe and Japan were represented, but in both cases, receipts were a disappointment
      AFP  -  787 words
    • 157 15 Reuter SUDANESE rebels named four government steamers they say they sank on the White Nile, killing all those on board. The Sudanese People's Liberation Army (SPLA) said in a radio broadcast monitored in Nairobi that the four steamers, sunk in two separate attacks
      Reuter  -  157 words
    • 103 15 Fairplay A US$l million collision avoidance and navigation radar (Conrad) simulator was formally opened at Hamburg Polytechnics School of Maritime Studies recently. Designed and built by Krupp Atlas Elektronik, the system complements the school's shiphandling simulator (Susan) also designed by Krupp. and which has
      Fairplay  -  103 words
    • 5622 20 AARHUS Evar Gardan Evargraan Dac 24 Ming Comfort Yang Ming Dac 25 Villa Da Jupitar CMA Dac 28 Chun Ha China Ocaan Dac 28 Evar Guard Evargraan Oac 30 Evar Going Evargraan Jan 4 Tang Ha. China Ocaan Jan 4 Luna Maarak
      5,622 words
    • 1202 20 AT CONVENTIONAL WHARVES Veaael Berth Arrival Departure KEPPEL WHARVES Bohori Prosetyo KI7 alongside 24 12/1500 Bmtong Serio IC25W alongside 24 12/0600 Coral Princess <36 alongside 24 12/1000 lit* Petaling 3 K19 alongside 24 12/0600 Nakorn Kosem 2 K27 alongside 24 12/0600 Stroits Hope K24E alongside 24 12/0600
      1,202 words
  • Page 13 Advertisements
    • 566 13 Concise Comprehensive Contemporary /boo^op jgp* Distributed by li FEDERAL PUBLICATIONS ChaniUTs OIKINC l)Kii< Hiarv Orient Oveiqeas Coktaum Line NORTH AMERICA ATLANTIC EXPRESS (ROUNO THE WORLD ROUTING) Mr LSH CNTOH NFX NYC HFx NEPTU* JAM S 27/12 17/1 27a art 11/1 4/2 VERRAiAJM) BRIDGE Ml/1 1/2 12/2 14/2 16/2 11/2 ORIENTAL
      566 words
    • 75 13 A 17 PER CENT increase in operating profits for 1986 has been achieved by the shipping companies under the umbrella of Norway's Leif Hoegh. Page II INDUSTRY MINISTERS of the 1 2-nation European community agreed to new rules on aid to shipbuilding to help EC manufacturers combat fierce competition from
      75 words
    • 1316 13 Availablp at all good bookshops b, FEDERAL PUBLICATIONS THE HEART OF THE DRAGON MAERSK LINE /A EAST AFRICA SERVICES INAUGURAL SAILING TO DAR ES SALAAM MOMBASA NAIROBI ADRIAN MAERSK VOY 8703 etd SIN 17.1.87 TOOAV 'Singapore Closing Times CY 2J/12 1500 MRS CFS 29/V2 0500 HRS Low Haersk Lars Unfit
      1,316 words

  • Page 14 Advertisements
    • 412 14 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN 6ULF AND INDIAN SUB CONTINENT Also accepting cargo to all U.K. destinations. Scandinavian (Aarhus. Copenhagen, Gothenburg) and other European Inland points OUTBOUND TO MEDITERRANEAN Also accepting FCL Cargo to limassol. Ilersin. Lattakia.
      412 words
    • 382 14 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 > MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement Singapore Agent: Goodrich Maritime Pte Ltd Tel *****35 Tlx RS ***** GRMSIN P TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA
      382 words

  • Page 15 Advertisements
    • 798 15 The Straits Steamship Group mm Mansfield Container Shipping Re Ltd QC.C Overseas Containers Limited CONTAINtRSHF SERVICE TO UK CONTINENT: Alio Accepting Cargo For: Naa*ar| la tml—. Mt*»• BMd*e>* fcaaw*e*a« :»e InBM ti all UK MMIm, Balfaal Mi MNr fCQNTAINERSHIP SERVICE FROM UK/CONTINENT: FRANKFURT EXPRESS CARDIGAN BAY TOKYO BAY LARGS BAY
      798 words
    • 649 15 lEI CSAV SudAmerieana deVapores EXPRESS SERVICE TO CHILE FEEDER VESSEL S PORE MOTHER VESSEL MK ARICA KJQ NTOf VW f 510 A VESSEL Jfl TBN W lIS M W CARGO FOR PUNTA ARENAS, TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO —Agents SEGANI Singapore *****66 K. Lianpw *****25/6/8, *****19, Bookrt
      649 words
    • 491 15 Franco Belgian Services ,r i«l t r. n, h >. r. ilh H. t ir t .i.l. rn I in.(MEMBER OF ACE CONSORTIUM} CONTAINER SERVICE TO EUROPE CONTAINER SERVICE FROM EUROPE S PORE P KELANGLe Harveß daw F'Stm H« B Haven Ant TRANSWORLO BRIDGE In Port (22 (tec) 12 Jen
      491 words

  • Page 16 Advertisements
    • 319 16 100 Years Liner Shipping Far East 7 1886-1986 Z_ \J TO CONTINENT/UK Hapag-Lkyyd EXPORTS TO EUROPE/MED Spore PK Penang Lenoes Bilbao Genoa Hburg Rdam A'werp Imm RS DALIAN 15/1 11/2 117 19/2 15/2 FROM N. CONTINENT &UK IMPORTS Agents SEGANI Singapore *****66 K. Lumpur *****25 Booking Freight CFS Terminal P.
      319 words
    • 827 16 J LjINE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Membff C R PARIS IN LION GATE BRIDGE 1* ORIENTAL CHIEF SJW KOREAN JACEJIN 3SW FROM C'JROPE VIA SUEZ Member ol the Ace Consortium KOREAN JACEJIN 3tE NEPTUNE CRYSTAL 37E KOREAN CHANCE 29E SEVEN SEAS BRIDGE ME P KtlangS pore H
      827 words
    • 434 16 JWHai Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines) TLX RS ***** RS ***** EASTERN C AR LINER. LTD. STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO I HEAVY LIFTS VESSEL SEKI AKEISMI JOVIAN BRIGHT ORANGE SURF S£KI NAGOYA Loading at appropriated Berth P4-PS NOTE: ALSO CALLING OTHER JAPANESE
      434 words
    • 873 16 m EVERGREEN Full Container Service Round-ThM-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) EVER GARDEN In Pt 11/1 13/1 15/1 16/1 17/1 2*l 2*l 2*l EVER GUARD 3*17 200 22/1 24/1 2*l 2«/ l 4/2 *2 7/2 1 EVER GOING 4(1 25/1 27/1 290 30/1 31/1 *2 11/2 12/2 EVER
      873 words

  • Page 17 Advertisements
    • 421 17 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK SEA HAWK KOTA StNGA SEA HAWK VESSEL VOV SEA FORTUNE M4l KOTA SINGA I SSB SEA GLORY 1701 SEA FORTUNE (701 SIN SBY SMG SIN BLW
      421 words
    • 168 17 IEI thong soon AGENCIES PTE. LTD. #09-00, Robina House, S'pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT 3 Jan 12 Jan 26 Dec 5 Jan SINGAPORE TO BRUNEI CONTAINER FEEDER SERVI SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service
      168 words
    • 711 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT I MAW* ft DAM HAVRE m an *n *2 utt m on lli H/3 an an mi an u in w I*2 2*2 in I*3 ixn 2*l DA 3*l K *2 I*2 21/2 an m vn an on EXPRESS CONTAINER SERVICE FRO*
      711 words
    • 627 17 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY I S PORE BILBAO BREMEN A DAM/R DAM H BURG L.J BONTANG/lOWB 12-14/1 10/2 14/2 17/2 20/2 MATARAM 17WB 10-12/2 5/3 */3 11/3 lt/3
      627 words
    • 337 17 BOUSTEAD SHIPPING AGENCIES m PAGAN VIO7W SITTKAY V27W PA-AN VIOSW V* BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HULL HMB MORAYBANK V2N 29/12 27/1 4/2 2/2 CLYDEBANK VI9N 16/1 8; 11 12
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  • Page 18 Advertisements
    • 1623 18 USA CANADA ATLANTIC COAST (Round The World Service) Kline KAWASAKI KISEN KAISHA. LTD. N JAOE VS VERAZZANO BRIDGE VB4 0 MINISTER V2B S PORE 26 D«c 17 Jan 8 Jan 1 Fee 14 Jan 8 Feb CHLS 27 Jan 12 Feb 19 Feb NFK 29 Jan 14 Feb 21 Feb
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    • 719 18 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers CALABAR *31 3 Jan ESTECLIPPER *10 23 lan CALABAR *32 5 F«b INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Siiejpoff P Keuns Ptnanc loJOmg tor IDAS V JIH 24 £k Co ar» MM KABIROAS V 31H 24 D«C CALABAR V 31 S Jan
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    • 820 18 GOLDEN LINE GIMN GUAN SHIPPING (PTE) LTD 23. Tdak he Street SMGAPORf 0104 TEI S34MM (10 IKS I STRAITS/PERSIAN GULF SERVICE: s-por« P*eian g Peaang GOLDEN HARVEST Colombo/Karachi'Dubai Bahrain 10/12 Jan CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S REPUBLIC OF CHINA UKC COMVEMTHItAI SERVICE P KLANG PENANG DESTINATION 27/12
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    • 485 18 EA (PTE) LTD 10 Anson Road. *27-16 Internationa' Plaza Singapore 02j07 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK S pore P Kelang Loading for KARINA *****27 Sailed Sailed ROT/ANT BREMEN/ESBJERG UK (AVON) DOOYANC FRONTIER 88K929 Sailed In Port ROT/ANT/UK (AVON) r fi! PHILITRON SHIPPING AGENCIES PTE LTD PHILI-ORIENT
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  • Page 19 Advertisements
    • 788 19 ttL NOL NEPTUNE ORIENT LINES LTD Agents S pore NEPTUNE AGENCIES PTE LTD Tel No Office Terminal CPF BOOKINGS *****77 *****77 *****22 *****53 OR DIRECT LINES FE EU/AUST TPA/SEA *****53 *****42 *****42 *****19 *****16 *****11 NEPLINE SDN BHD *****87/*****45/*****53(*****26 NEPLINE SDN BHD 24«5771 *****34/*****35 NEPLINE SDN BHD *****9/*****5/*****0/*****1'627(62 FM EAST/EUROPE
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    • 464 19 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON Vessel's Name No I Donam 609N No 7 Donam 610N Dooyang Sapphire/610 No 9 Donam 610N Eastern Glory/611 No 6 Donam, 701N No t Donam 701N We wish all our shippers "A Merry Christmas And A
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    • 719 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANC PENANG M/S SHARIKAT WAH SOON SDN BHD IST AND 2ND FLOOR, MESSRS MAI THONG SHIPPING
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  • Page 20 Advertisements
    • 404 20 ifWiil REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL PIYA BHUM RATANA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM RATANA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM SINGAPORE BANGKOK In Pt Thu/Fri C3H831 mmnm I TO SOUTH THAILAND RATANA
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    • 87 20 DAIICHI CHUO KISEN KAISHA. TOKYO. Vessel S pore PK From SHENSO MARU V 615 28/12 KASHIMA/ AMAGASAKI General HAI SUN HUP CO PTE LTD (Singapore) A<ienK Tel *****06 (20 lines I Telex RS 21 061 ***** H S H (Ml Sdn Bhd (Port Kelang) Tel *****6 *****2 *****3 94 Tpl«»«
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    • 79 20 PROMPT SHIPPING UNI U. REGULAR MONTHLY LINEP SERVICE TO WEST AFRICAN PORTS ETA S PORE 'BALDER CHUANCHOW IVI GENERAL AGENTS WW CHAMQ RIRPPMQ A BITWWW PTI LTP 1* AMON ROAD (87-IA. MTCRMATKMAL PLAZA. tWOAEOWR OR7 TCL: 221M31, BURST TlUi MMT REGULAR LINER SERVICE TO INDIA/BAN6LADESH PORTS. ETA ETD DESTINATION KHUN
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  • Page 20 Miscellaneous
    • 166 20 Regional Weafher m Ti <? n «Y 39 I .X TP* 5S SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature <> c X\ A Weother Wind direction with speed *1 k V Shower Rom Wove height Cloudy Sky Surface in di are indicated by onowt
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  • Page 21 Advertisements
    • 361 21 INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MA ***** ACCEPTING CARGOES FOR THE FOLLOWING PORTS ESPRIT SHIPPING PTE LTD TEL. *****00 TLX R*****7 FAX *****68 TIGER EXPRESS LINE CONVENTIONAL EXPRESS SERVICE TO SRI LANKA/INDIA/BANGLADESH S'pore B HARAPAN V KB 36 BIT 1975 In Port BLACK WHALE V KB-128 BLT. 1983
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    • 350 21 m CUT RJLI CONTAINER SERVICE SINGAPORE/JAKARTA VESSEL PRASETIA VOY 99-100/86 101-102 103/104 20 21/86 22-23/86 24-25 SINGAPORE ETA ETO 29/12 30/12 05/01 06/01 12/01 13/01 26/12 27/12 02/01 03/01 09/01 10/01 JAKARTA ETA ETD 01/01 03/01 06/01 10/01 15/01 17/01 29/12 31/12 05/01 07,<01 12/01 14/01 General Agents Asia Pefintis
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    • 573 21 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Agents: SINGAPORE: CALICO SHIPPING PTE LTD Tpl *****66 Tin RS ***** CALICO Fan *****71 PORT KELANG: PERKAPALAN UTAMA SON BHO Tel *****95.6 KOTA KINABALU: KESAWAN SHIPPING SON BHO Te» 2164*57 *****913 knes i TG. MANI RASA MUHIBBAH SON BHO Tet
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    • 299 21 LII\IES WEEKLY FCL LCL CONTAINER SERVICE S PORE BKK HKG KAO KEE KOB MOJ BUS TAO YUAN V 605 27(12 30/12 5/1 2/1 J/1 13/1 14/1 llfl KUO LUNC V 612 4/1 6/1 13a 15/1 17/1 21/1 22/1 23/1 YE LAN 605 11/1 14/1 21/1 22/1 24/1 2S/1 29/1 30/1
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    • 248 21 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SPORE P KELANC PENANC PALEMBANC BELAWAN G SELATAN VI V-4S Sailed 12/12 14/12 17/12 G SELATAN V V-56 In Port 26/12 2«/12 TIMBER GLORY V-S2 29/17 31/12 6 VESSELS OF LOG CARRIERS
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  • Page 22 Advertisements
    • 418 22 L CIIOSSWATEH :> Battery Road. #09-08/09/10, Straits Trading Building. Sinqapore 0104 Tel *****55 (10 Linesl Telex RS ***** CROFRT TELEFAX NO *****05 coiwer DOOR TO DOOR SERVICE REGULAR TRANS-SIBERIAN CONTR. SERVICE FCL/LCL TO: KABUL/HAIRATON/TOftG/IRAN Also Istanbul/Mersin/AII Eastern European Countries. Weekly LCL/FCL Services to: HKG, MANILA, AUSTRALIA, JAPAN, KOREA, TAIWAN, USA
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    • 461 22 HEAP SENG TRADING t SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO RS ***** HEAPCO FULL CONTAINER SERVICE TO PORT KELANG/PENANG 31 DCC/ 1 JAN V) JAN DIRECT WEEKLY CONVENTIONAL/CONTAINER SERVICE TO PHUKET VESSEL VOY NO SPORE PHUKET PKLANG
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    • 694 22 la C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) CR PARIS IW IC BRIDGE VMM ORIENTAL CHIEF VS2W KOREAN JACEJIN V37W S port 11/12 7/1 m an LeMarv* R<Um Fstowc H buf| Brwn Antwp H/l M/l 21/1 24/1
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    • 919 22 fsmmm S COMPANIA PERUANA DE VAPOREES (C.P.V.) Z "PERUVIAN STATE LINE" Kobe On CPV Through Bills of Lading to final destination Penanf* P Kelanj Sin^apofe MURRAYEVERETT 2/4 J»n THOMASEVERETT 20/22 Jan HUGHEVERETT 3/5 Feb "EVERETT ORIENT LINE" JAPAN BAY OF BENGAL/JAPAN SERVICE LOADING FOR HONGKONG*, YOKOHAMA, KOBE, NAGOYA, MOJI* AND
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    • 232 22 iffIBifcLIML'Id.UJOTM ZIM accepting cargoes to USA E«*t i West Coast. Carribbean.East Canada. HAITI, Port Au Spain Barbados N ST LUCIA :r ZIM EILAT CONTAINER LINE SIN ETH AU Pit wet TKS KPR ZIM MELBOURNE »I 2 IU 2» 2*l 2*l 2*l CHINA EXPRESS 2*12 I*l Accepting FCL To Europun and
      232 words