The Business Times, 3 February 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, FEBRUARY 3, 1987 75 CENTS
    12 words
  • 196 1 EXCHANGE RATES THE SINGAPORE dollar yesterday ended weaker at S$2.1385/95 againat the US$, compared with laat Wednesday's cioae of $2.1300/20. The local unit roae to $3.2396/2434 ($3.2887/2939) against It also went up againat the yen and DM, but fell slightly against M$. US$« 153.00/10 yen, 1.8170/80 DM,
    196 words
  • 386 1  -  By ELAINE KOH PICKING UP from where it left off at the close of the Tiger Year, the Singapore stock market resumed on the first trading day of the Rabbit Year with a bang, pushing the Straits Times Industrial Index to a near 30-month
    386 words
  • 116 1 UPI THE HONGKONG stock market bounded brightly into the Year of the Rabbit yesterday with a solid gain of 31.97 points, taking the Hang Seng Index to 2,585.22 at the close. Volume was HK$B4B million in the first session since the long Lunar New Year
    UPI  -  116 words
  • 125 1 AFP AN INVESTMENT MISSION of the European Community will make a four-day visit to Indonesia from Thursday. According to the EC commission's Jakarta representative, Rudiger Wenk, the visit is aimed at promoting European investment in Indonesia. An EC special investment consultant, K F Klaje,
    AFP  -  125 words
  • 332 1 Reuter JAKARTA yesterday mounted a counter-attack after Japanese suggestions that Indonesia was now one of the least attractive countries in South-east Asia in which to invest. Indonesia said that it would not sacrifice its national interests in the effort to attract foreign capital badly needed
    Reuter  -  332 words
  • 550 1  -  Pressure building up to restructure group's debts •t AMY BALAN A CONSORTIUM of Malaysisn banks have agreed in principle to refinance US$l7 million worth of notes issued by Multi-Purpoee Holdings Bhd which matured over the Chinese New Yoor weekend. The US$l7 million notes, in
    550 words
  • 282 1  -  By ALVIN TAY TROUBLED COFFEE GIANT Teck Hock Co is expected to receive a purchase offer from one of its three interested buyers by the end of this week. BT understands that an overseas financial conglomerate is expected to submit a
    282 words
  • 52 1 AUSTRALIA IS EMERGING as a strong contender in the multi-billion-dollar international convention market. With the rapid development of industry infrastructure, Australian cities are now in a position to bid for large conventions with thousands of delegates a feat they could not even contemplate a few
    52 words
  • 131 1 Reuter THE US SAID yesterday that New Zealand would have to go back to the end of the queue of buyers of military equipment because of Wellington's ban on visits by nuclear ships. But New Zealand, which pays tor its arms and does
    Reuter  -  131 words
  • Page 1 Advertisements
    • 62 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM 4MP tradition of Lunar New Year Come try our Special Raw Fish Salad for lunch or dinner at $18 per order from now till 12 Feb. Toast to the occasion with our special drink of the season, Year of the Rabbit', available till 12
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    • 295 1 What to expect from the Rabbit WILL THE Rabbit Year be a good year for making money? To help readers assess the opportunities, BT asked a group of stockbrokers, analysts and fund managers for their views on the investment scene. Their views are presented in two parts, the first of
      295 words
    • 190 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM NOW ITS NOT SO HARD AT THE TOP. In terms of healthy seating manogere are often treated worse than their staff. The principles of good ergonomics are generaly over-ruled in favour of more traditional criteria A secretary's chair may be expected to function properly,
      190 words

  • HOME NEWS
    • 481 2  -  Work awarded in last week of Tiger year By LEE HAN SHIH, Property Correspondent THE YEAR OF THE TIGER, which 'ate up' many established businesses in Singapore, at least ended positively for eight contractors. Together they clinched close to $100 million worth
      481 words
    • 125 2 THE MUSLIM Religious Council (Muis) is amending the Muslim Law Act to have more say in matters such as the handling of pilgrimages. The amendments will be ready in about two to three months, after which they will be submitted to the Government for
      125 words
    • 179 2 SINGAPORE AIRLINES has bought a new 8747-400 flight simulator worth $19.3 million, excluding visual systems, from CAE Electronics of Montreal, Canada. This is the fifth simulator SIA has bought from the company, a wholly-owned subsidiary of CAE Industries of Toronto. CAE Industries is
      179 words
    • 291 2  -  By SOH TIANG KENG DBS BANK has predicted a further improvement in business sentiment and international competitiveness for the Singapore economy this year. In its latest Investment Digest. the bank forecasts a sustained but moderate improvement of economic performance, with the economy expected to
      291 words
    • 59 2 AUSTRALIAN Minister for Industry, Technology and Commerce, Senator John Button, will visit the Republic from tomertrow. During the two-day visit, he will meet hia Singapore counterpart Minister for Trade and In- dustry and Minister for Defence (Services) Brigadier-General Lee Hsien Loong. He will also meet the
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    • 328 2 ELBA LIM and JAMES HEIMOWTTZ have been appointed consultants of Hill and Knowlton Asia Ltd. The company has also named SMfION OHO as art director and ADEUUDE CHAMQ as account executive. Ms Lim was formerly from Tai-Pan Ramada Hotel as public relations and advertising manager. She is
      328 words
    • 166 3 TWO OIL COMPANIES have raised the wholesale prices of some of their petroleum goods. Singapore Petroleum Company's (SPC) new prices took effect from yesterday while those for British Petroleum were effective on Jan 28. Gas oil now costs two US cents a barrel more
      166 words
    • 80 3 A BRITISH company has been awarded a £500,000 contract to supply and install control and monitoring systems at the Pulau Seraya power station. The systems supplied by Heat Trace of Stockport will monitor and provide high and low temperature alarms, and control circuit faults. Heat
      80 words
    • 581 3  -  Franchise holder bullish about market for home furnishings and children's products By MARTIN SOONG THE BIRTH RATE may be declining and the market for home furniture shrinking, but Mothercare and Habitat are nevertheless pouring $2 million into two new outlets at Marina Square. The executive
      581 words
    • 438 3  -  By JAIME LYE NTUC FAIRPRICE will rewrite its profit record in the year ending March 31, 1987, based on its performance during the first eight months of the financial year. During that period alone, the retail and trading cooperative had surpassed its
      438 words
    • 324 3 Seminars and i Cahners Tel *****13 Courses 1 CExposition Tlx RS ***** Group Fax: *****66 DURATION TITLE VENIH E ORGANISER TELEPHONE Feb 9-11 Professional Selling 1 PTS Trainin g Professional *****88 Skills III IPSSIII) 1 Centr* Training Services Pte ltd Feb 10Corporate Planning 1 National National *****66 Mor
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  • Page 2 Advertisements
    • 207 2 Prompt pick-up and delivery 24 hours a day TODAY ICS IS CHOOSING THE LATEST NCR TECHNOLOGY TO HELP PROTECT SINGAPORE TOMORROW Since 1979, NCR's computers have been working for the Republic's largest general and life insurance company. The Insurance Corporation of Singapore Ltd. In fact, ICS is expanding so fast
      207 words

  • Page 3 Advertisements
    • 261 3 Tapping newprospects. Since independence in 1957, Malaysia has had three decades of invigorating change. Its economy grew by an average of nearly 8% a year in the 1970s and its government remained stable. This week, The Economist publishes its first survey of Malaysia in seven years. Prosperity was based on
      261 words

  • ASIA-PACIFIC
    • 583 4 AFP JAPAN'S economy will recover moderately in fiscal 1967 after remaining stagnant in the final weeks of the current fiscal year which ends in March, according to the Bank of Japan. "Rapid recovery in Japan's economy is not likely in fiscal 1967, but moderate growth
      AFP  -  583 words
    • 943 4 ARRIVALS Operator »—j— OtfVICf number [ffCOl ttan* From MAS UA CAL CAL FT CAL SV IAAF MH7240 UA805 a 341 Q337 FT75 0331 SV398 AUSY027 0025 0100 0155 0215 0316 0405 0710 0730 KCH SFO/HKG TPE TPE UH/ORD/ANC/ nrt/mnl/tpe tpe JED/RUH GVA/CAI SU MAS MAS MAS SU
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    • 167 4 Reuter A LEADING member of a veterans organisation yesterday scathingly attacked a plan to build a Japanese retirement village in Australia. Victoria's Returned Servicemen's League president Bruce Ruxton deecribed as outrageous a private company's plan to build a village for 5.000 Japanese pensioners In Brisbane.
      Reuter  -  167 words
    • 515 4 Reuter MARXIST-RULED Afghanistan is wooing private Afghan businessmen to help in what it hopes will be an era of post-war reconstruction if its vaunted national reconciliation policy brings peace to the country. Eight years of struggle between Soviet-backed Afghan forces and Muslim guerillas have done substantial
      Reuter  -  515 words
    • 165 4 AFP VIETNAM once again took advantage of the Lunar New Year holiday to call on its 60 million people to help restore its forests. Deforestation caused by three decades of war rein mains a crucial problem in Vietnam. It still has a vast
      AFP  -  165 words
    • 304 4 UPI HIGHLY-PAID mercenary fighter pilots «forking for Iraq are flying long-range raids against Iran's oil export facilities in the Gulf War, the Sunday Telegraph reported. The newspaper, citing Arab military sources, said six such mercenary pilots including three Germans, a South African,
      UPI  -  304 words
    • 555 4 THE MALAYSIAN GOVERNMENT is reviewing the Fifth Malaysia Plan (1966-1990) to take into account significant changes in the economic environment, both at home and abroad, since the plan was launched last March. Deputy Prime Minister Ghafar Baba told the Malaysian Business Times yesterday: "This
      555 words
    • 188 4 AFP BANGLADESH'S foreign debt has almost doubled in the past five years, whils the country's foreign exchange reserves have shrunk by almost two-thirds, Finance Minister M Syeduzzaman told Parliament on Sunday. The country's foreign debt stood at US$3.B billion in 1961. but
      AFP  -  188 words
    • 395 4 UPI A CUSTOMS MANIFEST obtained by the Philippine commission investigating deposed president Ferdinand Marcos describes in detail the fortune in cash and jewellery he fled with, according to a newspaper report. A copy of the detailed list, compiled after the arrival of
      UPI  -  395 words
    • 667 4 UPI THE UNIVERSITY of Hawaii. Hiroshima branch? It could happen. University officials, along with those of some 70 other colleges and universities across the US, are looking into an offer to locate branches in Japanese prefectures. The idea is still in its
      UPI  -  667 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 50 4 Doonesbury HEV, CHARLIE, I WONDER IF TTV BE OKAIIFI HOOKED UP A COMPUTER MODEM AND m FOR AWHILE f 0 JOAN IE THINKS JEFF ISNrT SEEING ENOUGH OF Hfc PARENTS. WE DECIDED 1 WOULD START TAKING CARE OF HIM DURING DAY. X Id m mSSHC" BY GARRY TRUDEAU i mM
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  • REST OF THE WORLD
    • 402 5 NYT THE US ECONOMY'S rate of growth soared in January, says a monthly report of the nation's purchasing managers. Forty per cent of the responding managers in various industries reported gains in new orders, and only 15 per cent reported declines from the
      NYT  -  402 words
    • 379 5 WEST GERMAN Foreign Minister HansDietrich Genscher on Sunday called on the West to take Soviet leader Mikhail Gorbachev seriously in his bid to improve East-West relations. In a speech at a gathering of world business and political leaders, Mr Genscher said changes in Soviet
      379 words
    • 399 5 UPI THE VATICAN plans to introduce a 10point charter on religious liberty during the current round of European security conference talks, Vatican officials say. The charter, firmly supported by Pope John Paul 11, would amount to a challenge to Soviet leader Mikhail Gorbachev from
      UPI  -  399 words
    • 341 5 UPI FORMER HAITIAN president JeanClaude Duvalier treated Haiti as his own "feudal kingdom", pillaging US$l2O million from its treasury by siphoning off funds from virtually every agency. Affidavits filed in Paris show the former president-for-life, his family and friends took US$l2O million from
      UPI  -  341 words
    • 202 5 Reuter McDonnell douglas Corp was the leading US arms exporter and Saudi Arabia the top importer in 1985, the latest year for which figures are available, according to a private study released on Sunday. The report, prepared by the non-profit Investor Responsibility
      Reuter  -  202 words
    • 440 5 Reuter US TREASURY SECRETARY James Baker and West German Bundesbank president Karl Otto Pohl have signalled that they are moving closer to agreement on an appropriate dollar value. Mr Pohl and Mr Baker, who have been feuding in recent months over
      Reuter  -  440 words
    • 267 5 Reuter A TOP Bank of Japan official has said that a halt in the yen's rise following better than expected US trade data will not change the central bank's plan to cut its official discount rate. Akira Kanno, a central
      Reuter  -  267 words
  • Page 5 Advertisements
    • 193 5 Which one fits you best? BsSSss IMW! Whatever your WP needs may be, Philips now have systems off-the-peg to fit your size exactly. We've just brought out an easy-to-learn new WP package designed to go with each of our PCs. You can match it with the Philips P3lOO PC, or
      193 words

  • BANKING AND FINANCE
    • 775 6 Tighter controls will lead to more prudent practices, say bankers Reuter THE HONGKONG banking industry, riding on the back of steady economic growth, is on the road to recovery after three uneven years since 1984, according to banking officials. They said tighter legislation
      Reuter  -  775 words
    • 194 6 Reuter CHINA WILL issue three billion yuan in domestic bonds this year to raise funds for the power industry, according to the official People's Daily which quoted Minister of Water Resources and Electric Power Qian Zhengying as saying. This is the
      Reuter  -  194 words
    • 142 6 Reuter JAPAN's Finance Ministry, in a move to promote the internationalisation of the yen, is considering easing restrictions on the issue of Euroyen notes by Japanese corporations and nonresidents and of commercial paper by non-residents. The shortest Euroyen note maturity is likely
      Reuter  -  142 words
    • 242 6 Reuter A GROUP of donor countries and multilateral development banks have pledged US$l.5 billion in new assistance to 14 Caribbean countries, according to the World Bank last week. The new commitments, following three days of talks, are for thjs year and 1968, and represent about the
      Reuter  -  242 words
    • 531 6 Reuter PRICES of US government securities should come under pressure as the credit markets brace for the US Treasury's auction this week of US$29 billion of notes and bonds in its quarterly refunding, economists said. Dealers are expected to mark coupon prices lower
      Reuter  -  531 words
    • 407 6 Reuter THE BUNDESBANK will in future publish more detailed data on foreign bank activities in West Germany as a result of a growing number establishing branches and subsidiaries, the central bank said in its January report. In the last 10 or 15 years. West Germany has
      Reuter  -  407 words
  • MONEY AND EXCHANGES
    • 329 6 ASIAN DOLLAR deposits rates closed steady at opening levels in quiet afternoon trading yesterday. Dealers said most operators were generally cautious due to uncertainty over the response to this week's US Treasury quarterly refunding programme. Term rates were steady to slightly firmer at the outset reflecting lower
      329 words
    • 751 6 SINGAPORE: The US dollar closed lower against most major currencies on speculative and interbank selling in moderate trading yesterday. Dealers said underlying sentiment for the dollar remained bearish, in spite of news of a smaller-than-expected US December trade deficit. A report from Washington that the Group of Five
      751 words
    • 240 6 Interbank rates at 3pm yesterday: M OSar craaapari* Local doMoi rs to ono unit of foroign currency! US dollar 2.1385 2.1395 ***** -24.16 Staring paw id 3.2398 3.2434 7.3469 •55.90 AucfraHan dc Mat 1.4124 1.4152 3.4286 •58 J1 NZ dolor 1.1579 1.1606 3^4286 -66.23 Canodtan dc Mar 1.6006
      240 words
    • Article, Illustration
      135 6 THE OVERNIGHT rate on the Singapore interbank market closed at 5 per cent yesterday, up 7/8 point from last Wednesday s noon close. The term rates finished unchanged at 3 3/8 per cent across the board. •"dlealee the average of the Prtme lending rale* 0112 melor banks In
      135 words
    • 676 6 HONGKONG: Gold closed steady in fairly active trading, mainly on local physical buying interest There was light profittaking in the morning but buying soon emerged to push gold higher. The metal ended at U*****.90/U*****.40 an ounce compared with New York's close last Friday at U*****.60/U*****.10 and the U*****.80/U
      676 words
    • 184 6 BA Futures FOLLOWING the narrower-than-ex-pected US trade deficit and the Federal Reserve's unaggressive action in reaction to the firm Fed fund rate last Friday night, March Eurodollars opened sharply lower than Friday's close at 93.70. However, the oversold market saw prices edging higher on short covering throughout the session.
      BA Futures  -  184 words

  • WORLD BACKGROUND
    • 689 7 G-5 a group whose doings move billions on forex markets Reuter IN A WORLD where billions of dollars exchange hands on mere rumours, whispers that the powerful Group of Five is about to meet can trigger wild reactions in the currency markets. Once again, traders' nerves were jangled in recent
      Reuter  -  689 words
    • 936 7 AP TOURING IN MANCHESTER, British Prime Minister Margaret Thatcher briskly dismissed a businessman's complaint that she was running down the economy of the country's north. "I don't think there is anything like a north-south divide," she said. Two weeks later, the latest
      AP  -  936 words
    • 668 7 Reuter SCOTLAND, suffering from 15 per cent unemployment and a fast declining oil industry, is pinning economic hopes on a 110-km-long swath of land popularly known as Silicon Glen. The area is intended as a British equivalent of California's Silicon Valley and Massachusetts' Route
      Reuter  -  668 words
    • 933 7 Reuter THE FIRST WEEKS of this year have seen progress made on rescheduling the debts of several nations but these efforts are still dwarfed by the magnitude of the crisis over Third World indebtedness. So grave is this enduring legacy of the *****, the
      Reuter  -  933 words
  • Page 7 Advertisements
    • 57 7 7 -7 *mrr f H Uu H I f( (H II Mi ton fill! <t p'jit modi I l>\ .1 r 1 ->■ 'iilt n \utomat k mmcnirnt wit ii tompU'U' t alt ntiar Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: GI.L. Centre
      57 words
    • 91 7 X. AK Celebrate Year of the Rabbit attheMeisan Partake of the traditional good luck delicacy "Yu-Sheng", available in $25, $35 and $50 portions; with prosperity dishes from our special festive menu or order a la carte. For every $88 spent, you'll receive a Big Sweep ticket. Lunch and dinner from
      91 words

  • FEATURES
    • 499 8 CHRSYLER chairman Lee lacocca has professed to not wanting to become president of the United States because he does not know how to solve the country's problems. That does not, however, prevent him from shouting instructions from the sidelines. He is impatient with the Reagan administration over
      499 words
    • 1420 8  -  Australia is still a babe In the fast growing and lucrative conventions segment of the tourism industry. Recent successes, however, suggest that Australia Is about to form part of the active International circuit, which now centres in Asia (Singapore and Hongkong),
      1,420 words
  • Page 8 Advertisements
    • 94 8 J M •SDCi ty V®* Strategic planning "All work and no play makes Jack a dull boy" and dull people don't make it to the top of any heap. Lifestyle is of crucial importance for all executives who realise that a healthy mind works better in a healthy body. To
      94 words
  • Page 8 Miscellaneous
    • 703 8 CRYPTIC PUZZLE ACROSS 3 See firewood as footwear! (5) 8 The appeal you are lucky to have? (5) 10 Does up a number of cards (5) 11 Foreigner called out during flamenco dancing? (3) 12 A show trial, as on TV (5) 13 Sticky dog? (7) 15 Vessels that start
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  • SPORTS
    • 130 9 Reuter ENGLISH trainer Lester Piggott has entered Genghis, one of his best performers last year, for the American Triple Crown. Genghis is one of 398 three-year-olds nominated for the Kentucky Derby, Preakness and Belmont stakes. A special effort to attract Eu-ropean-based horses this year
      Reuter  -  130 words
    • 139 9 UPI JOCKEY Bill Shoemaker, the world's leading rider with more than 8,000 victories, announced in Arcadia. California, on Sunday he will undergo knee surgery which will sideline him for several weeks. The surgery will coet Shoemaker, 56. the mount on Kentucky Derby winner, Ferdinand, in
      UPI  -  139 words
    • 464 9 Reuter STARS AND STRIPES was poised to recapture the America's Cup for the US after yet another brilliant tactical win over Australian defender Kookaburra 111 yesterday. After a nerve-tingling start to the third race in which the Australian yacht brisfly held the
      Reuter  -  464 words
    • 420 9 UPI THE HASTILY scrawled banner waved by two Australian yacht racing fans at the Fremantle dockside said it all: "Kookaburra: have the last laugh please." The two fans were among the 30,000 faithful who welcomed the Australian defender Kookaburra 111 home on
      UPI  -  420 words
    • 189 9 UPI AS Stars Stripes drsws clossr to rsturning ths coveted America's Cup to the United States, Governor Edwsrd Diprsts increases his sales pitch to lure the 1990 races back to Rhods Island. Diprete hss nsmed Halsey Hereshoff to lead a delegation
      UPI  -  189 words
    • 419 9  -  Kian Tiong leading group By WALTON MORAIS MARUMAN CLASSIC champion Lim Kian Tiong yesterday lad a group of four golfers from Singapore to play on the Thai professional circuit. The four left the Republic yesterday morning after missing the first of three tournaments on
      419 words
    • 322 9 UPI PJYNE STEWART failed to win on Sunday again. So it was hard to blame him for leaving the golf course without talking about it Stewart added another chapter to his rich but often frustrating career by losing a fourth-round lead and
      UPI  -  322 words
    • 172 9 Reuter KATHY POSTLEWAIT s recent visits to a sports psychologist paid rich dividends in Boca Raton on Sunday when she won the US$2OO,OOO LPGA golf tournament in a sudden death play-off to record only her second triumph in 13 years on tour. Postlewait grabbed victory
      Reuter  -  172 words
  • Page 9 Advertisements
    • 123 9 MIZUNO. THE WORLD'S BIGGEST SELLING GOLF CLUBS t'A CHAMPION FLAG MF Emphasis on ease of play and good directional control. For woods, the heads are crafted from solid maple wood and the irons are cast in mild stainless steel. Available in graphite shaft Techno- Rex 5755 and light steel shaft
      123 words
  • Page 9 Miscellaneous
    • 1135 9 TUESDAY PREMIERE Love Is Never Silent 10.90pm, Channel 5 A 1 Mare Winningham (left), known for her portrayals of troubled young women, stars as a young woman torn between her deaf parents who depend on her, and the man she loves. This movie won an Emmy Award for "Outstanding Drama".
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    • 61 9 Play gol£ the Sevvy way sr* t m .j u £1 lot op mm&cap PCAVEPS HAVE PROBLEMS WfTN POS/T/OH/H& THE BAIL AT APPPESS 7HE /OEAL PoamoH /S TO HAVE THE MALL AT THE POP/T WHERE THE CLU&HB*P travelc/ho MOMEHTAPtLY ALONG THE TARGET UHE /hmostsw/hss THtE POSmOH WOULP SE Jt/ST ANE/PE
      61 words

  • COMPANY NEWS
    • 1008 10 The newly-launched Third Market on the London Stock Exchange (LSE) is akin to Singapore's second market, Sesdaq a forum for small, young but growing companies. This article explains how the Third Market fits in with the other operations of LSE, the
      FT  -  1,008 words
    • 876 10 NYT THE US SECURITIES and Exchange Commission has sent out a new round of subpoenas that focus more narrowly on the role that investment bank Drexel Burnham Lambert played in several large transactions, according to lawyers and investment bankers with knowledge of
      NYT  -  876 words
  • Page 10 Advertisements
    • 134 10 <&[ m Wtere to wlae, iitae mi mMUI MS The Szechuan Ex with the Meisan Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover of true enjoyment. SSMEI& At the Meisan. SSSr Ropl-VfeMag&NK Stappow 25 Scam Road, Singapore 0922. For racrvsion, pleate
      134 words
    • 121 10 It's the NEU FACES.. Fresh from their European tour. IheNtUl Ac f S V eteran und versatile miisii i.ms Kch k n Roll lop I" Ncu Wave excellently performed tor grand entertainment Nightly except Sundays -\t the Alcove 1 ounge whore the beer is cheapest among hotel lounges tar core
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    • 164 10 GONG in 8* CM Prosperity and Happiness at Huang Palace M Lao Qi" Only $15++ per portion you can savour our tasty raw fish ••lad specially prepared by our chefs To compliment this ausptcious dish »r have raw fish pomdftr at only $JjOO++ per bowl. Start off the Rabbits year
      164 words
    • 80 10 w ••v S 11 s o A Festive Feast For Your Family. Let yourself go and eat to heart's content with a wide variety of Dian Xln specials! 10 Eu Tong Sen Street FURAMA Singapore oios SMGAfOM HOTEL Tel: *****88 novotel orchid inn "Fa Cai" Buffet Lunch C 4k -TP
      80 words
    • 144 10 V, w w--1"jj» Jfc V-- r 7 :jii= 'te.'l- U:..i! TH -f- it'ii 1 i fey* .M' ;i u, .->*"% Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a
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  • ASIAN STOCKS
    • 335 11 HONGKONG: Share prices closed sharply higher yesterday in fairly active trading on renewed buying interest after last week's Chinese New Year holiday, brokers said. The Hang Seng Index rose 31.97 to end at 2,585.22 and the Hong Kong Index gained 17.27 to 1,654.89. Turnover was HK5848.07 million against
      335 words
    • 153 11 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 1.45 to 211.37 on a turnover of 1,566,871 shares worth 219.4 million baht. n at ■AHT Slam Camant Sism City 831 688 12 +6 Ayudhys Inveetmw Bangkok Agro-lnd N. 274 78 50 +6 Siam Commercial 488 -2 Bangkok Bank.
      Reuter  -  153 words
    • 417 11 TOKYO: Shares climbed into record territory yesterday as expec- tations of next week's listing of shares of Nippon Telegraph and Telephone (NTT) buoyed confidence and primed investment in a variety of sectors. The market average ended up 48.54 at a record closing high of 20,072.09, surpassing the previous record
      417 words
    • 113 11 m at WON Kal 1196 ***** 106 300 Kia Motor 1975 -2 Koton Ind ...3990 •100 Daewoo Corp Daewoo Heavy Daiahin SecurWea... Dong Ah Phar Dong Suh Stock. 913 1290 ..3930 ***** ***** 2099 193 54 20 230 -200 1400 Korea Long Tarm... Lucky Ltd Oriental Brewery... Oriental Cham
      113 words
    • 457 11 SYDNEY: Australian share markets yesterday closed weaker but off their lows, continuing the correction begun last week. A sharply lower gold price, recent interest rate rises and a weaker New Zealand market added to aiready negative sentiment to push prices lower. But the markets recovered some lost ground from
      457 words
    • 78 11 Reuter. AS PART of a plsn to strengthen its US operations and increase local production and international procurement, Hitachi Ltd will increase the capital of subsidisry Hitachi America to U5535.3 million from $4.3 million aa of April 1. Hitachi will also change its
      Reuter.  -  78 words
    • 70 11 Reuter CHINA'S National Chemicals Import and Export Corp has opened an oil trading centre in London, its 17th overseas branch. The New China News agency said the London subsidiary, Sinochem Ltd, will also trade in chemicals, fertilisers, natural rubber and rubber products,
      Reuter  -  70 words
    • 81 11 Reuter THE SHERATON HOTEL chain has asked permission from the Bangladeshi government to build a new hotel in Dhaka. The proposed hotel will initially have 400 rooms and 60 apartments. According to Hermon Simon, the general manager of Dhaka Sheraton, a feasibility study is expected to
      Reuter  -  81 words
    • 681 11 Thais react calmly to shocking announcement FT ONE OF THE CASUALTIES of the troubles at Siam City Bank, ranked about ninth out of Thailand's 16 commercial banks, could be tha credibility of the centrsl bank itself. Although under severe criticism for his handling
      FT  -  681 words
    • 184 11 Reuter AUCKLAND-BASED merchant bank and investment group Euro-Nation-al Corp Ltd has bought 47.1 per cent of listed investment company Kupe Group Ltd for NZ$2O9 million. Euro-National said yesterday it bought a 27.1 per cent stake from McConnell Dowel I Corp
      Reuter  -  184 words
  • Page 11 Advertisements
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      193 words
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    • 126 11 Discover a whole new experience TAKE FIVE LOUNGE STEAK HOUSE Level 5 j v fSi C Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours: Mon Thur 12pm to lam Fri, Sat Eve of Pubfic Holidays: 12pm
      126 words
    • 143 11 DEUCIOZO HYAn Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      143 words
    • 153 11 0.1 USX -O*4HUM P? KING 6 S CHUAM Rf T AURA\' WS& (28/1/87 to 12/2/87) From $208++ upwards (12 noon 3pm) Adult: $12.50++ Child: $9++ 30 specialties inclusive of Peking Duck, Roast Beef, etc. Fashion Show on every Friday at 1.15pm, by Cinderella Modelling Agency. Sponsored by Seletaris Mineral Water.
      153 words

  • RAW MATERIALS
    • 621 12 Prospectors lured by finds of past five years FT THE GOLD MINING TOWN of Kalgoorlie is so busy that exploration companies have to wait months to hire the drilling rigs they need for prospecting. One group got so tired waiting that it built
      FT  -  621 words
    • 168 12 AFP AUSTRALIA'S wool boom is expected to fade in the coming financial year. In its national agricultural outlook released last week, Australia's Bureau of Agricultural Economics said increased production and a downturn in the wool processing sector would result in downward pressure
      AFP  -  168 words
    • 346 12 AFP AUSTRALIAN farmers are moving out of grain production in favour of livestock production because of reduced returns from international commodity markets, the annual Agricultural Outlook conference in Canberra was told last Friday. But the farmers could now face problems from a downturn in the
      AFP  -  346 words
    • 340 12 AFP A RISE in Western world primary aluminium production this year and next is expected to meet with lower consumption to produce a surplus of the metal in both years, compared with a deficit in 1966, Shearson Lehman Brothers has predicted. As a
      AFP  -  340 words
    • 74 12 AFP FALLING JUTE PRICES have depleted Bangladesh's foreign exchange earnings, wrought losses on its jute good industry and badly affected its growers. Foreign exchange earnings from jute fell to 4,852 million taka in the six months to December, down 2,272 million taka from the
      AFP  -  74 words
    • 399 12 Reuter MALAYSIAN OIL PALM growers hsve described as "ridiculous" claims by an American soybean group that palm oil consumption cause increased blood cholesterol and contribute to heart disease. Studies have shown that palm oil is cholesterol-free, low in saturated fats, has anti-cancer properties
      Reuter  -  399 words
    • 160 12 AFP CONSTRUCTION has started on a US$3O6-million liquefied petroleum gas (LPG) plant in Indonesia designed to process 19.5 million tonnes of LPG per year for export to Japan. The Japanese firm Chiyoda Construction has started work on the plant, under contract to Pertamina. in
      AFP  -  160 words
    • 461 12 COFFEE Robusta futures trading yesterday morning was mostly confined to two-way jobber activity, with contracts ending £17 to £10 lower, after a featureless session. Physical markets were subdued. May futures traded last at £1,618 a tonne, down £17 from last Friday. Turnover was a light 735 lots, including
      461 words
    • 98 12 OIL PRODUCTS KEROSENE, naphtha and fuel oU all traded lower in the Far East petroleum products market. Kerosene and jet are both suffering from an overhang of short-term supply and a reaction against high post-Organisation of Petroleum Exporting Countries prices. Closing prices for crude (FOB origin) US$/barre< Change Dubai (March)
      98 words
    • 170 12 SMGAPORE The market doMd quietly steady yesterday with March 1 buyers quoted at 193.00 cents/kilo, unchanged from last Tueeday. The morning session gained one cent in quiet trading on some trade and speculative buying interest with the closure of the Malaysian market dampening activity, dealers said. But the gain
      170 words
    • 192 12 RAS prices mse •nMg,FQ In bad m NOON CLOSE ftvyon Sfllffl Iwyore Sgiid tnt 1 RSS Prompt 196.50 197 JON 195 JO 196 JON Int 1 RSS Mar 87 194.00 195.00 193.00 193 JO int 1 RSS April 194.00 195.00 193XW 194.00 Int 2 RSS Of 185-50 187 JON
      192 words
    • 66 12 Bangkok (USS/tarma, FOB) Whit* Rice Broken Rice A-l Super A-l SfMdol C-1 Sp«dol C-l Ord Loonzoin Rice 100% 1« flrod* 100% 2nd grod* 100% 3rd grod* 128 125 unq unq unq 215 «mq 100% lit daw 100% 2nd don 100% 3rd do® 5% 10% >5% 20% 25% 35% 255
      66 words
    • 33 12 loMi/kg, 1 -K m poWan) MAR 87 APt 87 (currant month) (forward month) NOON NOON RAS •vy*n S*t*n g.M SSC 30 182.00 184.00N 18X00 18S.00N SSI 50 180.00 182.00N 181.00 183.00N J
      33 words
    • 33 12 LONDON USS/tonne Closing prices on Jan 30 M'rian/Sumutro Cruda OF jo„ 365.00* Fab 370.00 Meh 380j00* Apt 385.00 May 385.00 ROTTERDAM USS/toma Palm ol Crvd* Sumatra/*'*» Jan 350*0* Fab 367 JO
      33 words
    • 124 12 Chinese Produce Exchange S§Mki' noon dodnQ pd F*b 2 (SI/100 kg). ca* an Coconut oil Mk rot MuOO CM FOt 96.00 No» 6nm FOt 100.00 Copra 90 Pepper Mian rot NLW Sarawak VAfet 13)140 FOt faq NiW 1300.00 Wack FOtVcW 947JO Safonak Am Mac* FOt NIW lOt 2
      124 words
  • Page 12 Advertisements
    • 62 12 IF YOU WANT TO KNOW T o netr*** tJ wr 7P~V** t« 4* i r" aMil A if 1 V*»\ wi What db peopfeso business Hope wilfpdp-ojit in the J How a>esmgapore in me land ofo billion What goes into the makmfrof th£ successful Malay-entrepreneur? Where does the glisten9fthe jeweller/
      62 words

  • SHARE INFORMATION
    • 4213 13 THE STOCK MARKET made good gains across tha board yastarday with a spirited rally driven by foreign institutional demand. The Straits Times Industrial Index closed 18.75 points higher at 867.77 a near 30-month high while the BT Composite Index advanced 18.30 points to
      4,213 words
    • 169 13 Rites Spar* Uari 60S NST MO OSS 1030 Cntai 30* S20 MabaMOp 733 M !■*>< *10 lifcw Mrta *10 Mmr M 30* 193 Mi ta 434 Mm km 44* UN 90S Sfcaa Oafby SO< 3*1 IM1U>30« 343 ICS 443 Can Mart SO* 333 IDC 330 PflHo >33
      169 words
    • 3105 13 810 and oll»r prices officially I Mad and bwlmn In and reported to toe Stock Exchange of Sinpepnre yMtorday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All Time TtePlement Contracts are quoted after the word
      3,105 words
    • 64 13 WEARNE BROTHERS, Limited: 72nd AGM at 66 Chulia Street. #19-00. OCBC Centre. Singapore 0104. on Wednesday. Feb 11. at 10.30am. CI HOLDINGS Berhatf: EGM at Anggerik Room. 4th Floor, Hotel Equatorial, Jalan Sultan Ismail. ***** Kuala Lumpur on Feb 14 at 9.30am. SBIGAPORE PRESS HOLDMGS UmMetf: 2nd AGM
      64 words
  • Page 13 Advertisements

  • FOCUS
    • 1820 14  -  What does the new Rabbit Year hold for investors? BT asked a group of stockbrokers, analysts and fund managers for their views on the investment scene. Their views are presented in two parts, the first of which appeared yesterday. By HUGH
      1,820 words
    • 1401 14  -  By NEO EEK SAN, Assistant Manager (Investments), Parlbas South-east Asia Ltd THIS YEAR promises *o be an exciting one judging from the astounding performances put up by world equity markets in the first few weeks of the year. After a nine-month consolidation
      1,401 words
    • 728 14  -  By WONG YEE Author of Trend Principle THE YEAR 1987 marks the reign of the Rabbit. What's in store tor the stock market and what tactics do investors need to adopt so as to hop in tune with the Rabbit in order to reap
      728 words
    • 286 14  -  By WALTER TUNG TAU CHYR, Director, Kay Hlan Securities (Pfta) THE SHORT term outlook for the local stock market is good. I expect the recent rally to resume after the Lunar New Year holidays with quality Malaysianbased stocks leading the market. Later this year, i expect
      286 words
    • 442 14  -  By Smith New Court Far East THE SINGAPORE stock market is well-based, if still rather expensive, and an exposure to Singaporean equities for small/medium Far Eastern portfolios is recommended. For marketability reasons, and given our view that the Hongkong market is likely to enter a
      442 words
  • Page 14 Advertisements

  • FOCUS
    • 290 15 By PHILLIPS DREW INTERNATIONAL THE YEAR of the Tiger has lived up to its reputation as being one of tremendous change. The collapse in oil prices was the major trigger of change, hastening the realignment of currencies, worsening the burden
      By PHILLIPS & DREW INTERNATIONAL  -  290 words
    • 154 15 Phillips Drew vide any major shocks to the world economy. Indeed, the Rabbit is the symbol of longevity which augurs well for the world economic recovery now entering its fifth year, making it one of the longest in post-war history. Finally, the Year of the Rabbit should also be one
      154 words
  • COMPANY NEWS
    • 751 15 mm™ By HOCK LOCK SIEW IT HAS NOT been smooth sailing for Jack Chia-MPH's latest fund-raising exercise, and thus the decision to withdraw the propoeal could hardly be described as surprising. Although the company said its decision was unilateral, certain quarters
      By HOCK LOCK SIEW  -  751 words
    • 136 15 Reuter SEVEN FORMER EXECUTIVES of electronics company Conic Investment Co Ltd have pleaded not guilty to charges of conspiring to defraud shareholders and creditors of HK$B4 million. The charges stem from alleged fraudulent transactions which, prosecutors said, inflated Conic's 1963 sales and profits. Among those
      Reuter  -  136 words
    • 347 15 THE STOCK EXCHANGE of Singapore is expected to be represented on a Committee of Inspection for defunct stockbroking firm Alfa Pacific when the committee is formed on Feb 9. The committee is to see to the proper disbursement of Alfa's
      347 words
    • 615 15 BEVERAGE GROUP Fraser Neave Ltd has set up a special committee, headed by the chairman of its Malaysian subsidiaries, to study ways to restructure its operations there in line with the New Economic Policy. The special committee is chaired by Datuk Dr Yahya
      615 words
    • 218 15 COLD STORAGE Holdings PLC, through its subsidiary Cold Storage (1963) Pte Ltd, has acquired 56.3 per cent of Ito Ham PIE (Pte) Ltd, making it a whollyowned subsidiary. The company is to be renamed Gourmet Foods Pte Ltd. The stake was
      218 words
    • 67 15 BERJAYA CORPORATION (M) Bhd reported group pre-tax profit of M 53.64 million ($5.70 million) on sales of $27.44 million ($34.82 million) for the half year ended Oct 31, 1966. The lower sales were due to the general recessionary conditions prevailing and the reduced demand for steel reinforcing
      67 words
    • 611 15  -  Company applying for re-listing By AMY CHEOK VAN DER HORST LTD, the offshore oil industry servicing group which recently managed to reetructure its debts, is applying to the Stock Exchange of Singapore for the re-listing of its shares. The application to
      611 words
    • 305 15 SINGAPORE International Marchant Bankers Ltd (Simbl) has become the third merchant bank to receive approval from the Stock Exchange of Singapore to become a registered marketmaker and clearing participant of the second stock market, Sesdaq. The affiliate of Oversee-Chi-nese Banking Corp has thus become the
      305 words
    • 209 15 Company RIGHTS ISSUE Bedford Ow-toi oM $050 pf shore Bonvests Hldgs One-for-four $065 per shore C 1 Holdings 27 million loan stocks in the ratio of |3 loan stock lor every five ordinoiy City Dev SnOftl One-for-four $1.40 par shore fcghti issue of bonus with worrants in the
      209 words
    • 157 15 HAW PAR Brothers International has become a substantial shareholder of United Overseaa Bank with a 5.16 per cent stake, or 20.37 million shares, in the bank as at Jan 27, 1967. The shares art held through six wholly-owned subsidiaries. Haw Par Investment Holdings (2.77 million shares), Pickwick Securities.
      157 words
    • 245 15 Manogars' price for Fob 3 >($) MARA-Bumiputra Fir* B'putro S50 555 Singapore Unit Trust Socond B'putro Third B'putro 497 392 5 OS 3.97 Th* Co——rc« 0 96 l 03 Fourth B'putro 450 456 Tho Sovingi fund 087 0f3 Filth B'putro 192 197 S port frog Fund 038 042
      245 words
    • 108 15 HONGKONG Hongkong Index Mondoy *****9 Friday Closed WMk ogo 1590 85 Hong Song Index Monday *****2 Friday Closed WMk 090 2464 35 All Industrials Monday ***** Friday ***** WMk ago Closed NEW YORK Dow Jones Friday *****4 Thursday 2160.01 WMk ago 2101.52 TOKYO Nikkoi Average Monday *****09* Saturday
      108 words
  • Page 15 Advertisements
    • 199 15 NOTICE MATTER OF THE COMPANIES ACT, CHAPTER 185 AND IN THE MATTER OF SYLVAN PROPERTIES PTE LTD MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that a Final General Meeting of the members of the company will be held at the Liquidators' Office, 47 Hill Street #06-01, Chinese Chamber of Commerce
      199 words
    • 76 15 NOTICE TO WHOM IT MAY CONCERN Please be informed that Mr. Happy Tay Eng Soon l/C NO. *****55-H has on at January Itt7 sold all his shares and resigned on his own accord as Director/Managing Director of our Company. Henceforth he has no authority to transact any business or collect
      76 words

  • 611 16  -  By FOO CHOY PENG, Chief Reporter AMERICAN companies in Singapore plan to pour more money into their factories this year after investing less in 1986, according to a survey by the US Department of Commerce. The survey shows that they intend to
    611 words
  • 437 16  -  Tourism Thailand, China and Hongkong By PETER JANSSEN INTERNATIONAL tourists using Don Muang Airport increased by about 30 per cent in the first month of Thailand's much-touted "1967 Visit Thailand Year" compared with the same month last year,
    437 words
  • 445 16 UPI MORE THAN 150 Thais and tourists yesterday protested against an order shutting down all restaurants on government property on scenic Nai Harn beach on the southern end of the resort island of Phuket. In a protest letter to the Tourist Authority of Thailand,
    UPI  -  445 words
  • 249 16 AFP THE NUMBER of foreign businessmen who visited China last year increased by more than 40 per cent but the overall growth in tourist arrivals slackened because of poor services, the China Daily reported yesterday. The newspaper said that 22.7 million foreign
    AFP  -  249 words
  • 95 16 Reuter THE HONGKONG tourist industry increased its earnings by 23 per cent to HK517.86 billion last year on a 10.8 per cent rise in visitor arrivals to 3.7 million, the Hongkong Tourist Association said in a statement yesterday. Western European tourists increased 14.5 per cent
    Reuter  -  95 words
  • 219 16 Bernama THAI AIRWAYS, the domestic carrier of Thailand, will offer a discount on its airfares to certain categories of travellers to promote the "Visit Thailand Year". A spokesman said in Bangkok yesterday that the decision had been taken following a meeting of the airline's board
    Bernama  -  219 words
  • 290 16 Reuter PHILIPPINE PRESIDENT Corazon Aquino last night appeared headed for a landslide victory in a plebiscite for a Constitution that would give her a fresh mandate to face down her political and military foes. With more than 1,000 of the country's 87,000
    Reuter  -  290 words
  • 125 16 Reuter IRANIAN Oil Minister Gholamreza Aqazadeh yesterday said that he saw "good signs' for the future of the oil market after countries inside and outside Opec acted to support the group's decisions to boost prices. Speaking in Teheran, he said Iran had changed all
    Reuter  -  125 words
  • 507 16  -  By BRIAN GOMEZ, Regional Correspondent THE OFFSHORE SHIFT of Chi-nese-owned assets will continue to accelerate in Malaysia as a result of adverse political and economic trends, aocording to Political and Economic Risk Consultancy Ltd. Rising Malay nationalism and the weakness of
    507 words
  • 350 16 THE SLIDE in the value of the Malaysian ringgit will increase by mid-year, with downward pressure exerted by a forecast 1987 current accounts deficit of US$2 billion. The Hongkong-based Political and Economic Risk Consultancy Ltd said in a quarterly report that the value of
    350 words
  • 440 16 Reuter REPORTS that the Group of Five major industrial nations are not, after all, planning a meeting next weekend to address the present turmoil in the currency markets sent the dollar down again yesterday. It began the week in London worth
    Reuter  -  440 words
  • 77 16 COMEX GOLD FUTURES gained more than US$2.OO on bargainhunting buying yesterday, spurred by the dollar's renewed weakness. In moderate business, spot gold was up US$2.BO at U*****.30 an ounce, recovering part of last Friday's large losses. Analysts said gold was also bolstered by shortcovering with consensus indicating an
    77 words
  • LATE FILE
    • 44 16 Reuter MINISTERS and senior officials from about two dozen countries and six international organisations have agreed at informal talks in Davos, Switzerland, on the need for more coordination of economic policies, according to former French Prime Minister Raymond Barre Reuter
      Reuter  -  44 words
    • 47 16 Reuter EUROPEAN COMMUNITY external affairs commissioner Willy de Clercq has warned of more trade tension ahead between the EC and the US in spite of an agreement last week that averted a transatlantic trade war. "I have no illusions," he said. Reuter
      Reuter  -  47 words
    • 36 16 Reuter INDONESIA is studying plans to revive a US$2.3 billion olefin plant project that was scrapped in 1963 after falling world oil prices forced a review of major capital spending plans. Reuter
      Reuter  -  36 words
    • 28 16 Reuter SECURITY forces arrested at least SO people, mostly students. in Jakarta yesterday for an illegal demonstration against public transport fare rises. Reuter
      Reuter  -  28 words
    • 34 16 Reuter PRINCE Norodom Sihanouk said in Beijing yesterday that China and the Khmer Rouge had rejected proposed direct talks between him and Heng Samrin, leader of Cambodia's Vietnam-backed administration. Reuter
      Reuter  -  34 words
    • 53 16 Bernama THE MALAYSIAN Chinese Association reiterated yesterday that its former president and member of Parliament for Gopeng, Tan Koon Swan, who is serving time in a Singapore prison and has about two months to be sworn in as an MP, had not resigned his
      Bernama  -  53 words
    • 46 16 Reuter MALAYSIAN Welfare Minister Datuk Shahrir Samad yesterday charged Bernama news agency with fabricating a news report to suggest that Datuk Musa Hitam, deputy president of the United Malays National Organisation, lacked support to re-contest his post in the coming election. Reuter
      Reuter  -  46 words
  • 77 16 Reuter WALL STREET stock prices retreated in early trading on profit taking yesterday. Renewed weakness in the dollar following reports that G-5 ministers will not meet to try to stabilise the faltering currency failed to spark a market that has largely depended on dollar sensitive stock for
    Reuter  -  77 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 44 16 Outlook: Fair Raport for 24 hours prior to 7 JOpm on Fob Sat tho airport Maximum tomparaturo 90.5 Aaaoclatad humidity 61 Minimum tomporatura 23.0 Aaaoclstad humidity 00 Hours of sunshino 10.15 Rainfall in milllmstras nil Rainfall this month nil Rainy days this month nil
      44 words

  • SHIPPING TIMES
    • 109 17 BANISH OPERATOR East Asiat£Co is still evaluating the possibility of constructing two container ships for deployment on North American west coast gwvice. Mr Erik Petersen, general ager of the liner division, EAC was still considering feasibility of building new £rips in
      109 words
    • 326 17 The Swiss-based company will inspect cargo from 3 countries PRESHIPMENT INSPECTION of Asian exports to the Philippines will resume shortly. This follows the reappointment of Swiss-based Societe Generate de Surveillance, SGS, by President Corazon Aquino. The appointment was made in Memorandum Order No
      326 words
    • 179 17 THE PORT of Singapore Authority will organise a seminar "Towards making Singapore the World's Number 1 Bunkering Port" in April. Mr Willie Rasiah, Deputy Director (Port Promotion) says "there is a very large market for bunkers at our doorstep, as Singapore is
      179 words
    • PORTSIDES
      • 84 17 Reuter AUSTRALIAN dockworkers will hold 24-hour strikes at Brisbane, Sydney, Melbourne. Adelaide and all Tasmanian ports today, Waterside Workers Federation (WWF) officials said. The strikes are in protest at moves by some shipping companies to rationalise coastal shipping operations without consulting the unions, they
        Reuter  -  84 words
      • 103 17 Reuter IRAQI jet-launched missile attacks have damaged two ships operated by the National Iranian Tanker Company (NITC) and a Cypriot ship over the last three days, Lloyd's Shipping Intelligence Service said. The fully-laden 280,476 dwt Khark 3. formerly Berge Bragd, was hit on Sunday
        Reuter  -  103 words
      • 110 17 INDONESIA still needs many more passenger ships to serve its vast waters and thousands of islands, Indonesian deputy chairman of a parliamentary commission, Ismail Mokobombang, told Antara. He said that to improve its domestic sea transportation. Indonesia needed about 10 more passenger ships. It is
        110 words
      • 109 17 EVERGREEN will offer refrigerated capacity on 34 of its vessels covering the Asia-North America trade next year. Under a programme to be completed in early 1988, Evergreen is installing 84 points on each of its four 1,214 TEU V-type vessels, 90 points on each of its
        109 words
      • 57 17 THE SHIPPING CORPORATION of India has entered into a slot charter agreement with the Cobra consortium. The pact, which will take effect in the middle of this month, will allow the two parties to offer four sailings a month. Members of the Cobra consortium are
        57 words
      • 68 17 Reuter THAI MARINE police rescued 65 people after a freak storm sank their tour boats in the Andaman Sea off southern Thailand, Thai police said. They said all passengers on the two boats were rescued after life-saving gear kept them afloat. The tourists, mostly from
        Reuter  -  68 words
    • 720 18 Fairplay IT IS difficult to be either well informed or objective about the shipping industry of the USSR. According to the populist Sir Ronald Swayne school of thought, backed up with a full supporting cast of similarly interested admirals, Soviet shipping, an
      Fairplay  -  720 words
    • 611 18 Lloyd's List LIBERIA has streamlined and updated its maritime laws to make the world's largest register more appealing to owners and crew. Some of the more archaic procedures such as marking tonnage on the main beam and requiring affidavits of good faith for registration of
      Lloyd's List  -  611 words
    • 149 18 UNITED STATES and Soviet Union government officials have failed again to revive a bilateral maritime agreement. The cargo sharing and port use agreement has been dormant since 1981 when the Reagan Administration backed out of talks because of its opposition to
      149 words
    • 694 18 AB Shpg V 5 Accord Shpg VI 3 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 APC Line V 4 API III 2/3 ASCI III 1 Bait-Canada Line VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS n 4/5 Ben Line Cont V
      694 words
    • 1329 18 UNCONFIRMED reports are circulating on the freight market on Friday that four cargoes of grain have been covered from the US Gulf to Japan loading from March to June at U5512.50, shipbrokers said. The Baltic sub-index for this voyage currently stands at $14.22 but no comparison can be
      1,329 words
    • 177 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Qulf, 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
      177 words
    • 177 19 AP FORTY-TWO TONS of fertiliser spilled into the Rhine River in West Germany on Sunday when a Swiss tanker collided with an anchored freighter, authorities said. A crewman was missing and presumed drowned. The Duesseldorf City government, responsible for the Port of Dormagen a
      AP  -  177 words
    • 550 19  -  By KINGSLEY WOOD A NEW OPEN-DECK type container ship has been developed by the Sydney-based Advance Ship Design Pty Ltd (ASD). It is the first real attempt to change the shape of the pure cellular vessel which appeared on international trade
      550 words
    • 311 19 FT SWAN HUNTER, in its first pay agreement since the privatisation of the shipbuilding yard, has reached wide-ranging wage and flexibility deals for its 4,200 employees which include new procedures for resolving industrial disputes. The deals, outline in the latest issue
      FT  -  311 words
    • 201 19 Reuter THAILAND'* transport freight rates have strained relations with Laoe, a senior Thai government official said. Pongpol Adireksarn, director of the state-run Express Transport Organisation (ETO), said Laotian officials had accused Thailand of resorting to an unfair capitalist practice by imposing exorbitant
      Reuter  -  201 words
    • 320 19 AFP ACTIVITY picked up in the Gull States area after a slow start last week, but the general outlook for the tanker market remains bleak due to the abundance of tonnage as well as oversupply on the world oil market. London brokers E A Gibson pointed out that
      AFP  -  320 words
    • 233 19 THE UNITED STATES government has called for bids from shipowners wishing to operate and maintain the 81-ship Ready Reserve Fleet (RRF). The Military Sealift Command (MSC) says the contract, worth about US$2OO million, will be awarded in April for
      233 words
    • 6331 24 §®aBGXIEB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      6,331 words
    • 1726 25 The leading shipping lines operating from local port» and their agents A—B A Top Enterprise* Pte Ltd Sam* (S). AB Shipping Boustead Shpg Agencies Alm Una African Shpg Agencies (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agariciea (S) Multiport Sdn Bhd (PK).
      1,726 words
    • 534 26 AT CONVENTIONAL WHARVEiS Vessel Berth Agent Arrlv al Departure KEPPEL WHARVES Eostern Fuji K27 NTYSS alongsidi» 0302/1200 Gen Kozim Orboy KI6 P Elders olongsid<» 0302/1200 Glory Selaton 5 K15 Ocean Intl alongside 04 02/1200 Hugheverett K2I Everett alongside 0302/0600 Po An K35 Bousteod alongside 0502/2300 Potsdom K28
      534 words
    • 857 26 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location Ms Cloudine 8706 0302.87 1900 Moersk F2 1000-1100 A2 Prosetio no 03.02.87 2000 A Perintis F5A 1100-1200 14 Kuc lung 70) 03.02.87 2100 C feeder F2
      857 words
  • Page 17 Advertisements
    • 618 17 KS^Siut* !*V3MrX£rf -V S£?<ii *> SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE 'But what is the price she has paid? I Available at all good bookshops WW llqmOmsus&AiMljK "ORTH AMFRICA ATLANTIC EXPRFSS (ROUND THE WORLD ROUTING) EXPORT NYC HFX 140 11/3
      618 words
    • 66 17 AN ADMIRABLE assessment of the Soviet shipping industry is given in "The Impact of Soviet Shipping," written by two London based academics and transport specialists. Page II A NEW OPEN-DECK type container ship has been developed by the Sydney-based Advance Ship Design Pty Ltd (ASD). Page 111 Index to advertisers
      66 words
    • 842 17 I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****33 MAERSK LINE FAST TRANSIT SINGAPORE-ANTWERP 17 DAYS SINGAPORE-ROTTERDAM 18 DAYS SINGAPORE-BREMERHAVEN 19 DAYS SINGAPORE-HAMBURG 20 DAYS Feeder trcwrJ Port voy 9 pan K«4ana Th« MW
      842 words

  • Page 18 Advertisements
    • 281 18 I«L 3 VILLI DC PLUTON VILLE DC BARS VILLE DC VENUS *2 V 2*2 I*2 *3 5/3 n—i rr FELIXSTOWE ROTTERDAM Alw acta*Bag cargo to aM U.K. dartwaMaw, Scandinavian (Aartut, rnpiahigM. Goftantairi) and attar Euripm I Ala* adapting Fa Cargt la Umml, Martin, OUTBOUND TO ARABIAN QULF INBOUND FROM N.
      281 words
    • 12 18 The Impact of Soviet Shipping, published by Allen S Unwin, cost £30.
      12 words
    • 374 18 EUROPE/FAR EAST VSL PT GRIGORPAN SB TEL: 03-*****50 MALAYSIA sow. bnd. TLX: *****.MTM Frt Booking contact Mis* Gan ING S PORE LOG. FOR Further load/ discharging ports an rout* mbjact to sufficient inducamant. Sinppore Ajent Goodrich Maritime Pta Ltd. Tal: *****35 Tlx: RS ***** GRMSIN 815 .Barber Blue Sea The
      374 words

  • Page 19 Advertisements
    • 700 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd wmyw P&O Containers Umited STRAITS SHAPING Singapore to Sabah, Sarawak, Bnmai Porta and Bangkok a t rpw* P.Klaaf S*W Mfl U0 MH W W 1U IM M am 00 op m a# m mm m m m m ww m m
      700 words
    • 530 19 Franco Belgian Services .VtMBER OF ACE CONSORHUM CHARGEURS REUNIS (MED CLUB MEMBER) Optorg Shipping Pte. Ltd ILL MA U MOM vn CAPEBAUAS W CATAMARCAH 27/1 mttnnjk jgjn Agents SINGAPORE Anglo-French Tracing Co (Pte) Ltd Tel *****11 FA* *****51 i SmMm Mm Aim V* m W tF LAmm My tate* Rati
      530 words

  • Page 20 Advertisements
    • 252 20 T k.* A A CONTAiNERSHIP SERVICE TO UK CONTINENT ALSO ACCEPTING CAMO TO: AU UK INLAND DESTINATIONS, KLFAST, DUNLIN COPENHAGEN, AARHUS, GOTHENiUNC. MAUN), HELSINKI. OSLO. AMSTERDAM CARIBBEAN A S. MKRICA CONV SEM! CONTAINER SERVICE TO EUROPE rPORC H'BURG ROAM AKERP MBNCIIAH RS QiNGDAO IS/2 14/3 11/3 2S/3 Z2/3 CONV SEMI
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    • 519 20 FULLY CONTAINERISED SE R VICE rJQ p UROPE VlA~SUfTl®'*' mbr r cf '-onsoflmm k M KOREAN CHANCE 1 CHINA CONTAINER UNovr* R «mi Frtmm NW| Antawrp wMm m w 213 3/3 4/3 7/3 100 9/3 10/3 11/3 14/3 17/3 li/3 17/3 11/3 21/3 24/3 FROM UROPE VIA SUFZ A Mrmber
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    • 271 20 Hai Sun Hup Co (Pti>) Ltd Tf i :?nmo(, .»o i,u *R i\ ms .<uhr? fc\ I [< K I I\ I K II!) STRAITS/JA PAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I A J m -tL ii M LOMing ai appropriJiM Mrul n*n NOTE: ALSO CALUNG OTHER JAPANESE PORTS.
      271 words
    • 707 20 r O EVERGREEN full Container Service Ai OUTBOUND I W Round-The-World Eaat Bound (FE/C ARIB/USEC/EURO/FE 40 up up an Hp MP MP MP MP MP MP MP MP IP IP IP 4P IP MP UP IP Up MP UP ON OH MIC Mi MM FU MM up mp mp mp
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  • Page 21 Advertisements
    • 693 21 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0 106 Tel: *****33 FAR EAST CONTAINER SERVICE T< MHO RAO TCH KEE MM *MUR *HTC VON KOB KCC M Vt M t/3 12/3 14/3 1M 17/3 1M 22T3 T Ml VI %fl 12/1 IS/2 17/2 21/2 12/2 2V2
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    • 621 21 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT NM rHAVEN WMi HAVRE w u m w MO no ua W ID W W *0 ao an in 40 40 70 W l» w W UM 1M 1M l»4 ■hi* m w an on a* m EXPRESS CONTAINER SERVICE FROM
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    • 461 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD MS d.vi 13S 13 VSL/VOY A VESSEL ■ATARAM/17WB PALEMBANG/WB CAUDA BMAKTI/17WB KUTAI/UWB S. PANJANG/15WB sriwijaya/uw® OCCAM P«MA/7WB BILBAO BREBCN ADAM/RDAM H'BURC 11-12/2 4/3 1/3 12/3 17-19/2 19/3 21/3 25/3 22-23/2 28/3 25/3
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    • 374 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR LOtKAW VIU pa-an vm PAGAN VM (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok tfi Fab 2/3 Fab W Fab S/4 Fab IQfr ANJOU VIN TAAAAITAI SAMOA VAN FORTH BANK VIM IVY BANK VISN SPORE ROAM HULL HMO 4/2 7/3 11/3 1/3
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  • Page 22 Advertisements
    • 900 22 ■fa. V*^"K"line KAWASAKI KISEN KAISHA, LTD KMM/PBN/Otf FEEDER vs. MOTHER VS. SPORE PKLG MS SNK KOBE GUAYAQUIL CALLAO AMCA IQUIQUE AfABASTA tAMTOWO VALPARAHO A. STAR VS TM VSL «FA SFA IFA IFA 27 F* 7 Apr IS Apr M** i STAR VJI BJm IM SFA •FA •FA »U» ME BRIDGE
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    • 420 22 AUSTRALIA EXPRESS CONTAINER SERVICE RccipNng FCUPCL Omt*mn INDIA EXPRESS CONTAINER SERVICE ESTECUFPCR VJ* CALARAR VJ9 KARMMMS VJ2M SO HftCflLflflft VJM emcumi vol RAfIOAS V.27M sTST r !t? 21 Fab aFA »Fab 27 Fab 12 Mr U Bar 12 Hsr INDIA/JAPAN/INDIA SERVICE AecapNng CanvwtflonaHCafva KM BANONAN V.« iTak Kabaffaba USA ATLANTIC/EAST
      420 words
    • 515 22 GOLDEN LINE GUAM GUM SHTffK (HE) LTD a MtpviM '■MM MM m. UUM (It UB) STRAITS/PERSIAN GULF SUVICL r»™ p.mm* pwmi CHINA OCEAN SNIPPING CO.. PEKING THE PEOPLE'S REPUBLIC OF CHINA P.KLANG PCNANG DESTINATION TANGQUAN 5/2 RottMriw^AMtv Fa Carp ti hM wNk Xgj 2 P.T PERUSAHMN POAYARAA v KALIMANTAN X
      515 words
    • 256 22 INTR ASEA (PTE) LTD 1 S M I •A' hHd s "g h t < 1 f p BULK ORIENT UNE BREAKBULK SERVICE TO EUROPEyUK In Nrt WW xTE/WT/AlfT/UK(NULL) Iff Ilff KTMOT/AHTMKOMI) > i .l/Juvli i..... 1 «< H. 1 XI pHitiißOfv ship fini "bin as pu .in PHIII ORIfN
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  • Page 23 Advertisements
    • 537 23 NEPTUNE AGENCIES PTE. LTD. ft tU/AUST TPA/SIA Til No Ofltea TnM CFS BOOKM6S 27M77 TMta MM mmm mm mus aw OR MRtCT LINES 279NU ZTHlli NEPTUNE ORIENT LINES LTD; NEPLINE SON. BHD. MN7 NEPLINE SON. BHD. W4M NEPLINE SDN. BHD. OMD NEPLINE SON. BHD. ZMW ■1;, .M:1/ EUROPE/UK (VIA SUEZ):
      537 words
    • 401 23 DO*** HEUHO-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON w )nc ftutau No 7 Donam/7QIN SQ 14/7 —25/1 No. I Oowm/702*1 Tin 24/2 to ,15 JS m No 7 Dor»m/7CN U/3 20/3 H/3 NoIDMM/m S|3 30/3 m M.V. 'Jaomfcw Mm', Art Ml tarwAata cap.
      401 words
    • 500 23 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 ***** r. ROAM PEMAMC KSHARIKAT MAN SOON SON. BMO. IST ANO 2*o FLOOR. MESSRS HA! THONG SHIPPING 127
      500 words
    • 53 23 ta J\7 la Nrt Ganaral Saw far m Rlmi VJA will to IwW aa tto Stti FA. 17 at ttn. ICS fraa MhUH In. Ttora will to aa faritor wrvay affar thn date. SHIWSAWA MEtSMIN 4 K.T.Y. TPTW CO. PTL LTD., Ml, CacH SrMt iU-M GB MUai fpai Ml TIL
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  • Page 24 Advertisements
    • 302 24 iffiffl REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) PIVA MUM SIRI BHUM SEA MACON PITA BNUM SIRI BNUM SEA DRAGON SEA DRAGON JENLINK PIYA BNUM SIRI BNUM SEA DRAGON PIYA BNUM SIRI BNUM SEA DRAGON CB E?2l ET3H G528 ES79 TO P.KELANG PENANG (2 SAILINGS A WEEK) RATANA
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  • Page 24 Miscellaneous
    • 158 24 11 •J A NT '5 &S k> ■X I 2V 'V VI SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather s-Y Wind direction with speed in knots Raln tl> Wave height Cloudy Sky Snrfnee winds are indicated by arrows which fly
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  • Page 25 Advertisements
    • 493 25 Ml CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE *****88/*****56/*****48/*****93 *****53 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANC 3XI B. BUTANC 313 18. BUT AUG US m I AA MUS AHTOMa, ANTWERP,
      493 words
    • 173 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KK T|. Man. ■■V TO* MIL Sailed ITC-flOl HV AZALEA Sailed ITC-QO? TW ITC-003 18/2 |22/2 SINGAPORE PORTKELANG KOTA KINABALU TG. HANI CALICO SNIPPING PTE LTD Tafc IBM Tfc n aui CALICO FAX: 2MK7I PERKAPALAN UTAMA SON MO Maum «SA«fAN
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  • Page 26 Advertisements
    • 493 26 K S LINE JAPAN/HONG KONG/STHAITS SfcHVlUt SANKYO LINE (S) PTE. LTD. 143 Cecil Street #10 04 GB BuMm* S pcwe 0106 lei *****5S Pott Kelanj liga Pma Shipping Sdn Bhd Tel 03 *****24 Pc inj Malatsia Irade Iransport ltd Tel 04 61 7893 Pasn Malaysian Shipping Agencies Sdn Bhd lei
      493 words
    • 68 26 H»KM iMf DRRH' vHIfTIM, I!! !l> UNI-OCEAN LINES PTE. LTD. <0 Cacil St #02-01. Kfß BuMnig S por* 0104 T«4: *****66 (5 M Tats* B ***** UNtSHIf AUSTRALIA INDONESIA IftHia AOfSH A VESSEL Tafc 22*1*44(1 taM) T«tae M .< tmtmmm mtl ■ADRAS, CALCUTTA. tOMAY, COLD (ON INOUCEMENT) sro. kj, aoel.
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