The Business Times, 12 February 1987

Total Pages: 24
1 24 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, FEBRUARY 12, 1987 75 CENTS
    12 words
  • 194 1 Exchange rales THE SINGAPORE DOLLAR rose slightly to $2.1420/30 ($2.1435/45) sgainst the US dollar in the forax market yesterday. It fell to $3.2686/2734 (3.2656/92) against sterling. The local unit also eased marginally against Malaysian dollar, but went up against D-mark and yen. US$> 153.10/20 yon, 1.8135/45 DM,
    194 words
  • 476 1  -  By LEE HAN SHIH Property Correspondent A YEAR AFTER being put on the market, Tung Centre is on the verge of being sold for $85 million. Early last year, it was going for only $80 million to $85 million.
    476 words
  • 446 1  -  Accused alleged to have offered Liaw Teck Kee $1m to keep quiet By LUCY NG LIU CHO CHIT, a leading contractor, was charged yesterday with trying to stop a witness from implicating
    446 words
  • 141 1 THE NEW Stock Exchange of Singapore committee has moved quickly to meet the targets set by the Monetary Authority of Singapore for a new-look stock broking industry. For starters, it has resolved the vexed question of majority foreign shareholding in broking firms earlier than the end-April
    141 words
  • 342 1  -  By ALVM TAY LIU CHO CHIT. 52, is the chairman/managing director of Hoe Huat Construction Engineering Pte Ltd. The company, which was set up in August 1965, specialises in the building of water pumping stations, drainage systems and highways. It is also an HDB
    342 words
  • 181 1 PRICES CLOSED MIXED in heavy trading yeeterday with attention switching from Malaysian counters to 4ocal blue chipe. The widely-watched Straits Times Industrial Index ia now just 6.89 points short of the magic 1,000 mark. It cloeed yesterday at 993.11, a
    181 words
  • 56 1 PORTFOLIO INSURANCE offers big investors in the United States a new approach to hedge themselves against stock market declines. How does it work? Why is it being blamed for violent stock market swings? What do portfolio investors have to say in defence? The answers to
    56 words
  • 500 1 Bernama ES AFP THE ASEAN Chamber of Commerce and Industry accepts Brunei's decision to reject immediate plans to set up an Asean common market, said its secretary-general, Ramli Kushairi, in Kuala Lumpur yesterday. Brunei Deputy Foreign Minister Zakaria Sulaiman announced his
    Bernama ES; AFP  -  500 words
  • Page 1 Advertisements
    • 85 1 F/AWiHISa HfUH HEW Nutritional supplements for the whole family j-z&fc LOANS. L»7713i LONGER HOUSING LOANS —UP TO 30 YEARS LONGER CAR LOANS UP TO 6 YEARS FOR ENQUIRIES. CALL THE HOTLINE 224 8088 EXT. 630 *108 Caal SMI Commerce* Uraon BuMng 2d7se* Thomwn Ac nnOlOt 4 Hot—on Roma «Oi -00
      85 words
    • 232 1 Cool raaponoo to Ortanfa comobacfc, Pago 11 10pc downpaymont on Rubbar Houaa, Back Paga SHARE MFORMATION MONEY EXCHANGES LETTER AIRCRAFT SCHEDULE TV S RADIO OUR VIEW SEEKING FINANCIAL ASSISTANCE has Imcoim much .asl.r for local companies now that various schemes have been grouped under one umbrella. That should cheer up
      232 words
    • 75 1 BALLY sf SmrrrWcind' Soto Ag•« S O Pwr*R ft Son (P») Ltd. Singapore Full report Pag* 12, Asian stocks Pago 11, Infl stocks Pago 10 VZSSI tmesl Mies- Reoa^ggages.. r^sas^r" you. si ep MnM OrtPH. a Twmtief a# So tor °v in V°utor men. *02-14/15. Shaw Centra Tel: *****42 *02-23.
      75 words

  • HOME NEWS
    • 456 2  -  Suppliers allowed to service customers' equipment By MARTIN SOONG TELECOMMUNICATIONS TITANS such as Rolm, Northern Telecom and Philips will be able to offer maintenance services to buyers of their office telephone exchange systems from next month. Yesterday, Telecoms, which currently has exclusive maintenance
      456 words
    • 293 2 WEE EE CHEONQ has been promoted to general manager of the credit and marketing division of the United Overseas Bank Group. Mr Wee, 34, holds a Bachelor of Science degree in business administration and a Masters in applied economics from the American University in the US. Before
      293 words
    • 237 2 THE FIRST in a series of neighbourhood business directories covering the Bukit Timah, City. Holland and Orchard sreas was Isunched recently. Somewhat similsr to the Yellow Pages, the series hopes to offsr businesses in the areas more opportunities to sell to customers
      237 words
    • 140 2 SMALL BUSINESSES have four more financial institutions to turn to for loans under the Small Industries Finance Scheme (SIFS). Great Pacific Finance and Far Eastern, Chung Khiaw and Lee Wah banks have joined 16 other financial institutions approved by the Economic Development
      140 words
    • 63 2 THE National University of Singapore's Department of Extramural Studies will conduct a beginner's hanyu pinyin course, starting on Feb 16. The eight-session course will be held on Mondays and Thursdays at the Institute of Education from 7 pm to 8.30 pm. The course fee is
      63 words
    • 374 2 SUMMER HOLIDAY Travels Pte Ltd has become the first travel agency this year to pack up for good, following the closure of 27 agencies last year. The Singapore Tourist Promotion Board (STPB) advertisement recently said Summer Holiday had ceased operating
      374 words
    • 259 2 NINE local electronics companies which took part in computer show Comdex '86 held in the US are keen to go back. The companies Essex Engineering, Wearnes Technology, Lityan Technologies, Microcomputer Systems, Kaihin Technology. Creative Technology, Sitoca Marketing, Fullmark and Venture Manufacturing
      259 words
    • 91 2 A 13-MEMBER delegation from Thailand's Senate will arrive in Singapore on Monday for a twoday visit. On Tuesday, the group will call on Mr Ho Kah Leong, the senior parliamentary secretary in the Ministry of Communications and Information, and on Mr Zulkifli bin Mohammed, the polit-
      91 words
    • 150 2 THE CHAIRMAN of the Singapore Contractors Corporation Ltd, a company formed in 1976 by a group of local contractors to export services abroad, Tan Gim Huat, passed away on Monday, Feb 9. Mr Tan was 74. He started his own contracting firm, Tan Gim
      150 words
    • 736 3 Seminars and Courses C EG Cahners Exposition Group Tel *****13 Tlx RS ***** Fax: *****66 DURATION TITLE VB4UE ORGANISER TELEPHONE Feb 20 Personal Financial SIM Conference Singapore *****66 Planning Room Institute of Management Feb 20 Chief Executive Forum Shangri-la Hotel Singapore *****66 Managing Quality Into Institute of the
      736 words
    • 504 3  -  New division to employ about 200 people By CHARLES SAVAGE MINISCRIBE Peripherals (S) is setting up a new division employing about 200 people to produce a new disk drive in addition to its current range of products. This will bring the company's
      504 words
    • 309 3 A SEVEN-MEMBER delegation of French senators flew to Manila yeeterday after a two-day visit to Singapore aimed at cementing friendly relations. The mission leader, Mr Michel Durafour, a former French Minister of Labour and Finance, said France was keen to develop cloeer commercial links with
      309 words
    • 211 3 A SUBSIDIARY of Shell in Malaysia, Wavin, has gone into a joint venture to produce polyethylene gas pipes with the aim of supplying the domestic market and tapping poesible sales to Singapore. The other partner in the $3 million project is MechMar Bestobell, a diversified
      211 words
    • 80 3 THE DANGERS of air pollution will be the topic of a conference organised by the Institute for International Research to be held in April this year. The 1987 Asis-Pacific Conference on Pollution Control Clean Air will cover topics on point source pollution emissions, monitoring and control, new
      80 words
  • Page 2 Advertisements
    • 28 2 Prompt pick-up and delivery 24 hours a day Forex Futures Treasuries Bonds Depos Euros Fed Funds Repos Dealers, Desk Managers, Analysts WHICH OF YOU WILL HAVE THE EDGE?
      28 words
    • 96 2 II 1 I J J! SDrt iiKSK W K 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
      96 words

  • Page 3 Advertisements
    • 72 3 Hie Szechuan Experience with the Meisan Difference a V f J f Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art m of tnje enjoys. At the Meisan. ISLffiJ SZECHUAN RESTAURANT Distinctively Szechuan, Instinctively Meisan Royal Snn; Singapore 25
      72 words

  • ASIA-PACIFIC
    • 482 4 Reuter JAPANESE Prime Minister Yasuhiro Nakasone's call on Wednesday for measures to boost his country's economy seems to be primarily a political gesture rather than a whole-hearted effort to pump up domestic demand. Government officials in Tokyo said there was never any doubt that
      Reuter  -  482 words
    • 370 4 UPI INTERNATIONAL commercial fraud has reached about US$6O billion per year, with counterfeit goods ranging from champagne to Scotch to cheap versions of bolts used in aircraft construction, said an expert in New Delhi on Tuesday. Jack Heslop, assistant director of the London-based
      UPI  -  370 words
    • 215 4 UPI PHILIPPINE President Corazon Aquino has promulgated a newly ratified Constitution, returning full democracy to her country after 14 years of authoritarian rule. In nationally televised ceremonies at the Presidential Palace in Manila on Wednesday, Mrs Aquino signed the charter and led her Cabinet and
      UPI  -  215 words
    • 545 4 Reuter TAIWAN is sitting on a fortune worth almost US$5O billion. But its thrifty government is unwilling to spend and its local businessmen are scared to invest. "The simple fact is that we have too much money," said Su Han-Ming,
      Reuter  -  545 words
    • 168 4 Reuter AUSTRALIAN Prime Minister Bob Hawke's Labour Party is as popular as the opposition Liber-al-National coalition for the first time in over s year, a public opinion poll showed yesterday. The Morgan Gallup poll, published in The Bulletin magazine, gave Labour and the
      Reuter  -  168 words
    • 476 4 AP OPEC would cut back its oil production even mors if necessary to protect the current reference price of US$lB per barrel. Oil Minister Msna Saasd Otsibs said on Tuesday. "An Opec emergency meeting might be necessary (to adopt further cuts)
      AP  -  476 words
    • 354 4 AP IRAN'S Ayatollah Khomeini, speaking publicly for the first time in mors than 12 weeks, declared on Tuesday that Iran demanded "war until victory" against Iraq in the six-year-old Gulf War. The speech by the 86-year-old patriarch, delivered on the eve of
      AP  -  354 words
    • 171 4 AFP DETECTIVES have seized about 200 priceless Hindu temple idols from art smugglers intending to ship the sculptures, some dating back to the first century BC. to US and European collectors, India's Central Bureau of Investigation (CBI) said on Tueeday. The stone and wood
      AFP  -  171 words
    • 147 4 UPI THE SHIITE Muslim Amal militia yesterday agreed to aliow food and medicine into two besieged Psleetinian refugee camps in southern Beirut where residents have had to resort to eating dogs and cats. The first step of the operation involved a total ceasefire
      UPI  -  147 words
    • 308 4 MBT PETRONAS and its contractors will spend some M 5236 million on patrolsum exploration this year, said Petronas chairman Tan Sri Raja Mohar Badiozaman on Tuesday. The exploration programme includes the drilling of at least 14 exploration wells, of which eight are wildcats,
      MBT  -  308 words
    • 780 4 Oparo ARRIVALS Mr Sarvte* Local From OA OA472 Hrw 0015 SYD/M& UA UA805 0100 SPO/HKG SIA SQI1 0125 LAX/NUT SU SQ416 0655 DAC/CCU KUL MAS MH6S1 0020 MAS MHtll 0910 PB4 MAS MH671 0920 KUL SU SQ103 0950 KUL CPA 0(710 1015 CGK MAS MH603 1020 KUL
      780 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 75 4 Doonesbury fiF'RS ...WITH JUST TWO SACK MIUUWS LEFT IN MP M&OFTHS I HELPING rAne. PEATH WATCH* P»IP ISAM. I THINK GO AHEAP, Y'ALLSHOULPBE YOU'RE ON COOL. NO WAV ma AIR.! GOP& GONNA PUT OUT BROTHER ORACS =H| I U6HTS, PIG? Wmmm i iciVn m EtY GARRY TRUDEAU GOO'S JUSTWORKIN'A MEGAEVENT,
      75 words

  • REST OF THE WORLD
    • 507 5 AP THE CHEAP-DOLLAR therapy for the US trad* deficit it taking a long tima to work, but many economists reject the view that the US has lost its competitive edge. American factories and farms can compete, and the evidence is a gradual improvement
      AP  -  507 words
    • 106 5 Reuter BUSINESS LEADERS' confidence in the US economy roee by one per cent in the fourth quarter of 1966, according to a survey of 1,000 chief executives snd top-level managers conducted by The Conference Board, a busi-ness-oriented reeearch group. The group's measure of business confidence was
      Reuter  -  106 words
    • 507 5 Risks of a fast-falling currency cited NYT US TREASURY SECRETARY James Baker, in an apparent reward to Japan for Its efforts to cooperate with the US, suggested that the dollar had now declined enough against the yen. Noting that the yen has appreciated 47
      NYT  -  507 words
    • 307 5 UPI WITH INTEREST RATES above 1,000 per cant and Brazil's yaarold battle against triple-digit inflation facing virtual col lapse, the government has approved food price rises averaging 25 per cent Brazil instituted the rises for "market basket" foods in the fsce of
      UPI  -  307 words
    • 352 5 Reuter A GOVERNMENT-APPOINTED commission has called on the Reagan administration to lead its major alliee into joint economic sanctions against South Africa. The call on Tueeday was promptly rejected by Secretary of State George Shultz, who appointed the 12 commission members on
      Reuter  -  352 words
    • 271 5 Reuter ITALY'S biggest judicisl asaault on the mafia, the mass trial of nearly 450 alleged gangsters, marked its first anniversary on Tuesday, paralyaed by a defence strategy that haa provoked major controversy. When the trisl began a year ago, it waa billed
      Reuter  -  271 words
  • Page 5 Advertisements
    • 136 5 Whm you're dining at the top of the world's tallest hotel, you tend to look down at everything else. THE COMPASS ROSE RESTAURANT AND BAR NOW OPEN ON THE 70TH FLOOR —2 Located at the 70th floor of The Westin Stamford, the world's tallest hotel, the Compass Rose presents the
      136 words

  • BANKING AND FINANCE
    • 683 6 Dollar weakness may be the main cause, says economist Reuter THE FEDERAL RESERVE'S failure to supply reserves on Tuesday strongly suggests that it is letting market pressures nudge up interest rates to help support the ailing US dollar. Economists said the
      Reuter  -  683 words
    • 294 6  -  By SOH TIANG KENG Financial Correspondent ASSETS of the Singapore-based Asian dollar market, which soared to a record high of US$lBB.5 billion last November, are poised to cross the US$2OO billion mark. Bankers predict that with the current rapid expansion,
      294 words
    • 243 6 SINGAPORE BANKER and engineer Richard Yeh, 36, has been made senior vice-president of BA Futures, a subsidiary of the Bank of America group. Formerly vice-president and manager of the Singapore office, Mr Yeh is now general manager and head of the Asian-Pacific activities,
      243 words
    • 461 6 Bernama THE WORLD BANK view* with caution the Philippines'» high year-end gross international reserves of US$2.5 billion, equivalent to more than four months' imports, saying "under prevailing economic conditions, this surplus is... a mixed bleesing". In its latest comment on the country's economic
      Bernama  -  461 words
  • MONEY AND EXCHANGES
    • 889 6 SINGAPORE: The US dollar ended slightly lower yesterday against major currencies compared with New York levels, after fluctuating in moderate trading. The dollar opened easier on light selling but rose fairly sharply around mid-morning on buying and short-cover-ing by Hongkong and New York banks prompted by US Treasury
      889 words
    • Article, Illustration
      286 6 Asian market ASIAN DOLLAR deposit rata» cloaad steady at firmar opening levels in quiat aftarnoon trading yeeterday. Short-datas firmad point at the outsat underpinned by a continued high US federal funds rate but were unchanged in subsequent trsding. Overnight, Thursday/Friday and week-fixed cloaad at a common 6% 6H per cent
      286 words
    • 610 6 MARCH Eurodollar opened sharply lower at 93.50 yesterday, off nine ticks from the previous level on growinQ concern that the US Federal Reserve Board might be tightening monetary policies to bolster the Arneri can currency an<o Treasury Secretary James Baker's comments that the US wanted to pursus the Tokyo
      610 words
    • 249 6 HONGKONG: The metal cloaed little changed yesterday in fairly quiet trading due to a lack of fresh factors. Bullion ended unchanged from New York'a U*****.70/403.20 close and compared with an opening here of U*****.80/403.30. On the local market, gold was HK$l3 down at HK53,751 a tael. The thin
      249 words
    • 116 6 THE OVERNIGHT rate on the Singapore interbank market closed at 1-1/4 per cent yesterday, unchanged from Tuesday s close. The one, two and three-month term rates each ended 1/16 point higher. S$ Interbank rates at 7pm yesterday: OWar lid 0*mnigto I 1/4 I 1-mon*. 3 5/16 3 3/U
      116 words
    • 223 6 Interbank rates at 3pm yesterday: Cuwdcin NOMIMI IVIN (RSMRIM M Ohr local dollars to < mo unit of foreign cwwwcyi US dofar 2.1420 2.1430 ***** -24.03 Sterling pound 3.2684 3.2734 7.3469 -55.51 Australian doNof 1.4297 1.4325 ***** -58.30 NZ doMor 1.1673 1.1711 ***** -65.95 Canadian dollar ***** 1.6046
      223 words
  • Page 6 Advertisements
    • 77 6 J|fc/t \Choose from wM itempachi's exquisite KAMPAwr Japanese Set Lunches Japanese Restaurant xfo prices and unfamiliar assortment of)apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of \apanese lunches. Priced at only 16 per set, they are easy
      77 words

  • WORLD BACKGROUND
    • 633 7 Reuter JAPAN'S tradition of lifetime employment, a key element in the success of its corporate management, is now beginning to backfire. Economists and business executives say it is strangling some major Japanese manufacturers and severely crippling others as they struggle with the problems of
      Reuter  -  633 words
    • 862 7 NYT A CLUSTER of disputes between the United States and its European allies is spreading a mood of malaise within the Atlantic Alliance and raising questions about the Reagan Administration's command over the foreign policy agenda. The trans-Atlantic bickering covers a palette
      NYT  -  862 words
    • 557 7 NYT SCORES OF URBAN areas in un-der-developed countries are growing at an explosive rate that may create severe economic and social strains, said population experts who gathered at the United Nations last week. The populations of Cairo, Manila, Mexico City
      NYT  -  557 words
  • RAW MATERIALS
    • 119 7 OIL PRODUCTS FUEL OIL PRICES plunged yesterday in line with weak Western markets, ample supplies ex-Arab Gulf, low bids into a Thailand buying tender and fresh trade at markedly lower prices. Jet kerosene and gasoil remained weak with little demand at present. Naphtha showed a weaker trend (FOB Singapore basis)
      119 words
    • 199 7 MALAYSIAN crude palm oil prices closed at yesterday's lows on short selling and buyer reserve, in sympathy with the sharp fall in palm oil futures and following weaker overnight Chicago soyoil futures. Dealers said estimates of higher-than-expected output in January continued to underpin prices. Trading was moderately active
      199 words
    • 65 7 Bangkok Broken Rice A-l Super 128 (US$/tonm, FOB) A-1 Special 125 White Rice C-l Special C-1 Ord unq unq 100% lit don 255 100% 2nd do* 220 Loonzain Rice 100% 3rd da* 215 100% lit grade unq 205 200 195 100% 2nd grade 215 5% 100% 3rd grad* unq
      65 words
    • 300 7 RAS prices msc wiMg, FOB In bat* 8 NOON CLOSE Bwyors Sellers Bwyon Sailors bit 1 RSS Prompt 199.00 200.00N 199 JO 200JON bit 1 RSS Mar 87 199.00 200.00 199 JO 200JO bit 1 RSS April 196.50 197.00 196 JO 197 JO hit 2 RSS Of
      300 words
    • 79 7 (eanti/kg, l-»on MAR 87 APR 87 (currant month) (forward month) NOON NOON RAS Ivy an S«N«n Buy«n ;«HTI $51 30 181.00 183.00N 180.00 183.00N SSt 50 179.00 181.00N 178.00 180.00N MRELB •uy*n Sdm Iwycn S#ll#o SMI CV 384JO *****N 385.50 387.50N SMI L 384.50 2 86.SON 385.50
      79 words
    • 104 7 THE PRICE OF TM on the Kuala Lumpur Tin Martial roaa two ttnti yaatorday to doaa at M 517.15 par kg In dull trading. Only scattered Interest was avldcnt aa moat consumers had alraady covered their poeNlone and others remained on the aldellnea awaiting fresh developments. Sellecs wef®
      104 words
    • 182 7 SINGAPORE The market closed higher yesterday with March One RSS buyers quoted at 199.50 cents a kg, up 2.25 cents from Tuesday. The morning session gained 3.25 cents on some speculative buying and short-covering in quiet trading. But the gain was pared slightly in the afternoon on light profit-taking
      182 words
    • 141 7 Chines* Produce >ob««ta 20/25% Exchange FOt NSW 400.00 S#N#n noon dosing pd Fob 11 (S$/100 kg). cm an Nutmeg 110 FOt NSW *****)0 Coconut oil tWP FOt NSW 1322.00 ki> FOB OM drum FOt §600 96.00 Gambler Now drum FOt 100.00 FOt NSW 330,00 Copra 50 London Commodity
      141 words
    • 227 7 SOYBEAN FUTURES on the Chicago Board of Trade remained mixed at Tuesday's close, ranging H US cent higher to 4K cents lower, with spot March at U554.92% a bushel. November set a contract low of USS4.7SK. Prices remained in a narrow range in featureless trading, but deferreds eroded steadily
      227 words
    • 133 7 WHEAT FUTURES on the Chicago Board of Trade held mid-session losses on Tuesday and closed three cents to 1% US cents lower with spot March at U552.82% a bushel. Produce Grain and Refco sold March, while Drexel sold May and Continental and Staley bought July, pit brokers said. Corn
      133 words
    • 791 7 COFFEE Robusta futures continued to move off earlier 18-month lows towards Tuesday's close, aided by the upturn in New York, and ended mixed, £5 a tonne higher to £10 lower. Sentiment remained unconstructive, with ample physical availability expanded by potential tenderable supplies being released from April onwards. May
      791 words

  • FEATURES
    • 438 8 NEWS FROM the Economic Development Board this week was not, on the face of it, the sort that would make industrialists perk up. There was a move to re-organise the various assistance schemes. But nothing seemed really new. Even the Business Development Scheme just disclosed had been
      438 words
    • 655 8 NYT "HELP!" cried the manager of a US$5OO million pension fund who had all of his assets invested in stock. "What do I do if the market plunges?" The manager knew it was possible to follow a more conservative strategy
      NYT  -  655 words
    • 1271 8  -  Portfolio insurance is a new approach which uses stock index futures to limit losses in the stock market. Critics say it contributes to market volatility, as when the Dow Jones Industrial Average swung 100 points on Jan 23. But, ROBERT BENNETT reports,
      NYT; Source: Knight-ftidder Tradecenter  -  1,271 words
    • 113 8  -  Letter to the Editor LUM CHOONG WAH Temasek Holdings (KsTud DEAR SIR, The article "Temssek s substantial ICS holder" on the front page of Business Times (Feb 10) claims that "sources do not rule out the possibility thst Temssek Holdings could have bought the ICB
      113 words
  • Page 8 Advertisements
    • 68 8 IF YOU WANT TO KNOW Iff W -St h T •4%. fi t*T wffi tft 31 1 v Tj IS < ,> What do peopfein business Nope wiHpdprout in the df the Rabbit?/ J How are Singapore developers faring in tne land opporturufW?/ What goes into the makirig of successful
      68 words
  • Page 8 Miscellaneous
    • 618 8 CRYPTIC PUZZLE ACROSS 1 Punter's drink? (6) 7 Though extinct, is around, possibly (8) 8 Angler's snack? (4) 10 Just the creature to draw ahead! (6) 11 One growing dapper? (6) 14 Article used in spirit healing (3) 16 Got dry by taking a ride? (5) 17 Source of teas
      618 words

  • SPORTS
    • 265 9 UPI LLOYD HONEYGHAN breezed back into London on Tuesday after his seven-week training camp in the United States saying he already had done all the hard work for his welterweight title defence against American Johnny Bumphus. "I'm going to be like all
      UPI  -  265 words
    • 150 9 AFP A TELEVISION audience in excess of two million is guaranteed for the Kent Cup China International Masters snooker tournament which takes place in Beijing next month. Barry Hearn's seven-strong matchroom squad, along with Rex Williams, chairman of the World Professional Billiards and Snooker Association, will compete
      AFP  -  150 words
    • 1032 9 NYT NOW THAT the America s Cup is over, and the touring British cricketers have returned home, many Australian sports fans are turning their attention to the final championship games of a growing phenomenon: baseball. Baseball? It sounds too absurd, even for
      NYT  -  1,032 words
    • 397 9  -  Player leading team of seven bowlers from Philippines By WALTON MORAIS WORLD CUP runner-up Bee Watanabe of the Philippines is the early draw-card in the sixth Queen's bowling championships to be held at Jackie's Orchard on Feb 22-March 1. The 31-year-old Filipina is one of
      397 words
    • 461 9 AP SWEDEN'S Stefan Edberg, the No. 2 ranked player in the world, held off a determined American student to take a 7-6, 2-6, 6-4 victory on Tuesday night at the US Indoor Tennis championships. "He played well. I was a little surprised," Edberg
      AP  -  461 words
    • 246 9 AP EIGHTH-SEEDED Sara Gomer was an upset victim on Tuesday during second-round action in the U5575,000 Virginia Slims of Oklahoma tennis tournament. Gomer, of Great Britain, lost in straight sets to Australia's Elizabeth Minter, 7-6 (6-4), 6-4. In other singles matches on Tuesday. Svetlana Parkhomenko
      AP  -  246 words
    • 634 9 AP BE IT SUPERPOWER or superstar, politics never is far from the surface in the world of the Olympic Games. Such was the case again yesterday, as the executive board of the International Olympic Committee met to discuss two issues causing concern
      AP  -  634 words
  • Page 9 Miscellaneous
    • 1497 9 w em mm M 5--d» Michael Caine (left) and David Warner lose some of their credibility in this adaptation of Peter "Jaws" Benchley's novel which is really a washout, but may well be reason enough to watch because of it. A New York reporter and his son share adventures with
      1,497 words
    • 57 9 me. fKTci— 6RjsTbu LJIUT\ 6e back fron his holidavsV U)OEK. HCXJ piße NOU COPIMG u»TH MIS ujoRK? >✓ —vt~w—noTGLtTHeTieoTM ue. don't expexrr H/m 75 ADO muCH.. J I Lonff GLP^G.. Ip ''/_S^ i T M€. TRUTH HCDOESM'T (n£'S Mow CfivJ ITO DO Pi GgePVT D£/M-..~/ v/ ,T TMC CLERICAL eQUivPiLEMt
      57 words

  • INTERNATIONAL STOCKS
    • 347 10 NYT LARGE INVESTORS of Bank America Corp have reacted with disappointment over First Interstate Bancorp's withdrawal of its bid to acquire the ailing Californian banking concern. First Interstate said on Monday that Bank America's programme of asset sales had reduced its earning power and
      NYT  -  347 words
    • 165 10 Reuter GUINNESS PLC held a four-hour board meeting in Edinburgh on Tuesday to discuss the running of its business but did not choose a new chief executive, as some press reports had forecast. A Guinness spokesman said the board considered filling the posts of
      Reuter  -  165 words
    • 418 10 Reuter PROFIT-TAKING was again the dominant theme in Tuesday's market as stocks retreated for a third straight session, the longest losing streak of 1987. The reason behind much of the selling was concern that monetary policy may have to be tightened to support the dollar.
      Reuter  -  418 words
    • 142 10 1—. PU 10 Abitibi C 37 -1% Imp Oil a A loco Int Prov Pip* 98% 18% 48% unch •1% 48% lu Intl 22% 10% Karr Addison 19 19% 12% 37% -1% McMII Bid) 50% -2 Ml Canada 40 Moiaon A 25% 8p RasourcM 38% -1% Braacan CI A
      142 words
    • 173 10 FU 10 mout RAMO DUALS Tongaat Truat 6k Un Steal Wooltru 930 137 58 1425 10 -3 -2 -75 A Alpha ***** nm (OS Abercom 375 unch Aeci 1600 unch Angvaal Amaprop AMtC. 400 5000 unch Blyvoor Buffata 7825 25 C 0 Smith 1900 3375 +15 Chartar 2100S -100
      173 words
    • 607 10 FEB M US t 34* Alcoa 41* Alleg Inn 14* Allied Ski 44* Allied Store* Allis-Chalmers Am Brand* Inc. Am Can Co 2* 48* 88* unch -IK -1* Am Cyanamid 88* -1* Am Emc Pwr 28* 67* Am Horn* Prod 81* Am Motors Cp 3* A max Inc
      607 words
    • 799 10 Amsterdam ia PUB ABN 504 50 .1 79.80 •0.1 Ahotd 101 20 -0.4 129.20 •1.8 142.X AMEV 64.70 -0.1 Amro Bank 83 SO -0.4 Am Stad 124 50 -0.5 Barkal 17.20 -0.3 BOLS 150 00 -2 Boraumij 138 unch Boahrman TatN iroda 50.20 -1.6 Calv* 678 -6 EImvw
      799 words
    • 78 10 AFP THE SALOMON Brothers' banking and financial group saw profits fall by 38.6 per cent to US$Bl million, or 54 cents per share, in the last quarter of 1986. But the company said, turnover rose by 4.2 per cent to $1.72 billion during the quarter. For
      AFP  -  78 words
  • Page 10 Advertisements
    • 610 10 c I WSiere to wine, tfine and entertain m It's the NEU FACES.. Fresh from their European tour. The NF.IJ PACES- Veteran and versatile musicians Rock n Roll. Top JO, New Wave excellently performed for grand entertainment Nightly except Sundays At the Alcove Lounge where the beer is cheapest among
      610 words
    • 133 10 London slocks on Pago 13 jjry May we introduce you to a most mouth marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good youH be tempted to try the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch
      133 words

  • ASIAN STOCKS
    • 360 11 HONGKONG: Share prices closed sharply higher yesterday as heavy institutional demand sent the Hang Seng Index to another record high. The index rose 44.62 points to 2,739.47, surpassing a high of 2,713.67 set on Monday. Brokers said technical factors accounted for a surge of demand once the index breached
      360 words
    • 205 11 n 11 AM Sincaf* Indua... NT* 2.91 32 90 +0.13 0.2 Koiln Kuochan Oav Laa Chang Yuan 29.20 .29.90 .33.50 0.3 0.1 0.7 40.90 0.2 22.40 0.2 91 00 Nan Ya Plaa 39.00 0.2 31 90 0.3 27.90 09 Chia min Camant. Chin Hain Flour.— 30.30 13.00 25.90 unch
      205 words
    • 519 11 SYDNEY: Australian share markets closed at record levels yesterday with BHP leading the market higher as takeover rumours about the stock resurfaced. Brokers predicted that Bell Resources chief Robert Holmes a Court would move to buy Elders IXL's holding in BHP and then launch a full bid. The resurgence
      519 words
    • 80 11 N» 11 1 PCSOS Ortantal B QAkll rmi UVfrMtS ....0.081 0.082S 0.001 unch Anglo Phil ...0.0042 -0 0006 Phi la* B 0.46 +0.01 Picop B Apax Mining B Atlas Con. B Baguto Gold 0.0825 17 ***** 0 006 -3 unch Basic Patrolaum.. Banguat Con. B First Phil HMgs 0.016
      80 words
    • 95 11 PCI 11 Cltail Sugar WOM 2850 Kal Kanowon Ind Kit Motor 1170 ***** 1880 2 uncti -3 520 15 4088 188 ass •9 2180 100 1275 -6 Lucky Lid 1492 •23 Datahin SacurtUaa... 3870 ***** •*■80 Oriental Brtwory 1380 ***** 1 500 Dong Soh Stock ***** 2080 190 >30
      95 words
    • 146 11 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.56 to 206.03 on a turnover of 993,866 shares worth 131 million baht. pes 11 a IAHT Saha Union MB unch Siam Cement 619 Ao Kham Thai 164 -12 S«am City Ayudhya Investment 250 2 Camant 686 Bangkok Agro-lnd
      Reuter  -  146 words
    • 177 11 Reuter ORIENT Overseas Holdings Ltd resumed share trading in Hongkong after it completed its debt restructuring last month, but little interest was shown in the stock, brokers said yesterday. It was last bid at HK$3.4O with no offer, against an initial HK$l 55/HK$3 375 and
      Reuter  -  177 words
    • 109 11 Reuter CHINA'S vehicle production is expected to rise to 365,000 cars and trucks in 1987 from 330,000 last year, said the New China News Agency in Beijing yesterday. Factories will produce more light- and fewer medi-um-sized trucks this year, it said, adding that
      Reuter  -  109 words
    • 310 11 FT RICOH, the Japanese office equipment company is to treble the output of its UK copier plant at Telford, Shropshire. The move is the latest in a spate of decisions by Japanese companies affected by anti-dump-ing duties imposed by the Economic
      FT  -  310 words
    • 200 11 Reuter WHOLLY-OWNED Exxon Corp unit Esso Exploration Production Australia Inc said its net earnings fell to US$35O million in 1986 from US$543 million in 1985 after sales fell to US$l.O6 billion from US$l.55 billion. Esso, 50-50 partner with the Broken Hill Pty Co
      Reuter  -  200 words
    • 135 11 AFP THE STATE-OWNED PT Krakatau Steel Company recorded its first profit in 1986 after operating in the red for nine years. Indonesia's largest steel maker registered a profit of U5527.7 million in 1986, according to a company statement yesterday.
      AFP  -  135 words
    • 123 11 Reuter CONSTRUCTION and -contracting group Leighton Holdings Ltd said it expects its improved profit trend to continue in the second half ending June 30. Leighton earlier reported a turnaround to a A 53.10 million net profit in the first half ended Dec 31, from
      Reuter  -  123 words
    • 53 11 Reuter THE SUMITOMO TRUST Finance (Australia) Ltd is planning a As3o million floating rate certificate of deposit issue. According to banking sources, the three-year issue pays interest quarterly at 27% basis points below the three-month Australian bank bills rate. Management fee is 12% basis points. Payment date is
      Reuter  -  53 words
  • Page 11 Advertisements
    • 535 11 Tokyo market was dosod yostorday for Foundation Day <z W&ssz to wtm. itim aai eatortaln Fashionably hyatt Join the fashion-conscious every TUesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones
      535 words
    • 133 11 V y Raking 4 Sichuan Restaurant HOKKIEN-PORRIDGE il£W* dinner/supper Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time: 7pm <vr% > f k r- >« > 1k 10% service charge 4 9% government tax not Inducted r v v v
      133 words

  • SHARE INFORMATION
    • 4126 12 THE SHARE MARKET closed mixed in heavy trading yesterday, but the indices rose because the blue chips were firm. There were some rumours that led to erratic behaviour in the afternoon. The Straits Timee Industrial Index closed 7.39 points higher at 953.11, just
      4,126 words
    • 246 12 SINGAPORE Rises Ind llcss 670 •30 Fab 10 NO ll V*i Laarf f M 45 35 •T ConpoaP* Ml 44 Mtii •T Mkatar *****079 *****505 A 4 775 1040 25 20 •TOt/OS •TCA0I 339 ♦SOI. -4544 -4575 M Iwrti Cky Do. 5< 790 15 ITOOV *****4 *****4
      246 words
    • 4013 12 810 and Oder 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 kMs of 1,000 units unless otherwiee specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,013 words
    • 115 12 CI HOLDINGS Berhad: EGM at Anggerik Room, 4th Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, on Saturday, Feb 14, at 9.30am. SINGAPORE PRESS HOLD* MGS Limited: 2nd AGM at News Centre, 82 Genting Lane, Singapore 1334, on Saturday, Feb 14. at noon.' THE AYER MOLEK RUB*
      115 words

  • COMPANY NEWS
    • 695 13 mm® mm™ HOCK LOCK SIEW TAN CHOK KIAN is a man who keeps his promise. Soon after he was appointed executive chairman of the revamped Stock Exchange of Singapore committee, he held an informal gathering for journalists followed by an informal lunch. There were,
      HOCK LOCK SIEW  -  695 words
    • 791 13  -  Limit to be raised to 70pc and beyond By NAJEEB JARHOM IN A MAJOR DEPARTURE from its previous policy against majority forsign ownership of brokerages, the Stock Exchange of Singapore (SES) has sgrsed to raise the equity limit from 48 per cent to 70
      791 words
    • 211 13  -  By AMY CHEOK THE HAW PAR Brothers International Ltd group, the cash-rich diversified trading concern, has snapped up an additional 2.3 million shares in United Overseas Bank Ltd for more than $10 million in the past few trading sessions. As at Feb
      211 words
    • 463 13 Bernama BUSINESSMAN-turned-politician Datuk Alex Lee has been slapped with another suit this time by Credit Lyonnais for US$3.2 million. The action was filed at the Commercial Division of the High Court in Kuala Lumpur on Jan 27. Earlier, a group of
      Bernama  -  463 words
    • 2782 13 BID and offer prices officially listed and tnisliw in and reported to the Koala Lumpur Stock Exchange yesterday, with the number at shares traded riiown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Alcorn I83S) G> 82 14» 81 191 80 ABB
      2,782 words
    • 111 13 HONGKONG Hongkong Index Wednesdoy *****1 Tuesday 1722.40 Week ago *****8 Hang Seng Index Wednesdoy 2739 47 Tuesdoy 2694 85 Week ogo 2636 63 All Industrials Wednesday ****** Tuesday ***** Week ogo 2388 1 NEW YORK Dow Jones Tuesday *****4 Monday 2176.74 Week ogo 2166 45 TOKYO Nikkei Average
      111 words
    • 241 13 Mooog*r»' prlccs for F*b 12 MARA-Bumiputra Firjt B'putro 5 77 582 Singapore Unit Trust S*cond B'putro Third B'putro 521 412 526 4.17 Th* Cowl—re* 0.99 106 097 043 Fourth B'putro 449 474 Th* Savings Fund 090 S'por* Prog fund 0.39 Fifth B'putro Surth B'putro 309 311 314 316
      241 words
    • 452 13 BUYING PRESSURE in the morning failed to continue into the afternoon and ahare prices closed mixed at the Kuala Lumpur stock market yesterday. Blue chips, however, weathered the lata selling and were generally higher, but second and lower liners and speculative counters ended easier.
      452 words
    • 791 13 Reuter SHARES firmed in early trading yesterday as buyers picked up isolated bargains after Tuesdsy's sell-off. Ons or two deslers said thsy thought Tussdsy's fslls in the London exchange were overdone, adding that investors wsrs encoursged by the wsy Wall Street recovered from Tuesdsy's lows in Ister trading.
      Reuter  -  791 words
  • Page 13 Advertisements
    • 212 13 NOTICE In the Matter of The Companies Act, Cap. 185 and In Matter of PERRODO OFFSHORE (S) PTE LTD (Member*' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185 that the FINAL GENERAL MEETING of the Members of the abovenamed Company
      212 words

  • 547 14  -  By MARTIN SOONG TWO GOVERNMENT-OWNED companies have taken up a one per cent stake in a billion-dollar American jet engine manufacturing programme underway at Pratt Whitney, the world's largest maker of power plants for civil and military aircraft. According to the
    547 words
  • 448 14  -  By LISA LEE SAVU INVESTMENTS Pte Ltd, a private company set up by directors of Hotel Properties Ltd, has confirmed its $33.1 million purchase of Singapore Rubber House with a 10 per cent downpayment. The company initially did not make the full 10
    448 words
  • 70 14 Reutet THE HIGH PRIESTS of the Sikh faith yesterday excommunicated Punjab's moderate chief minister as both sides refused to concede the battle for control of the state's ruling Akali Dal party. The expected decision was announced at the Sikhs' holiest shrine, the Golden Temple at Amritaar, and
    Reutet  -  70 words
  • 277 14 Bernama ES CHANGES to Japan's Generalised System of Preferences, announced recently, will benefit a significant number of Malaysian exports. Malaysia's Trade and Industry Ministry said in a statement in Kuala Lumpur yesterday that changes to the scheme, to take effect on April
    Bernama ES  -  277 words
  • 211 14 Bernama MALAYSIAN manufacturers' in-ward-looking attitude and lack of vision, knowledge and entrepreneurial spirit could be a reflection of the times, a Federation of Malaysian Manufacturers official said yesterday. Vice-president Shiew Wan Shing said that the economic slowdown and difficult foreign exchange position had contributed
    Bernama  -  211 words
  • 62 14 Reuter BRITISH AIRWAYS hostess Lyn Vemtham poses with sheepdog Jenna at Heathrow Airport in London yesterday. British Airways has started Its five-star "Flying Pets' Club" service in which passengers can now check their dogs and cats as normal baggage rather than aa cargo, which
    Reuter  -  62 words
  • 205 14 AFP A LEFTIST labour group of sugar workers in the Philippines has announced that labour organisations in 23 countries will launch a boycott in two months of Coca-Cola and Pepsi-Cola unless the soft-drink makers aid sugar workers displaced by their shift to
    AFP  -  205 words
  • 114 14 AFP JAPAN will record large trade surpluses for at least a few years in spite of the yen's recent appreciation, a bank forecast in Tokyo yesterday. The report by Dai-lchi Kangyo Bank, the largest Japanese commercial bank, forecast a trade surplus of
    AFP  -  114 words
  • 155 14 UPI Bernama AT LEAST three people, including en Americen, were killed yeeterdey when the Kuele Lum-pur-bound Sineren Petang Express from Singepore jumped the rails, hurling four coaches into a swamp north of Johor Baru. Johor Baru police chief Superintendent Abdul Hamid said
    UPI; Bernama  -  155 words
  • 149 14 AFP INDONESIA is seeking to discourage arrivals of dollar-a-day tourists and to improve its image so as to attract more affluent visitors. The official Antara news agency yesterday quoted Tourism, Post and Telecommunication Minister Achmad Tahir as having said that Indonesia should avoid gaining a
    AFP  -  149 words
  • 258 14 AP CHRYSLER CORP president Lee lacocca told a meeting of Canadian and US businessmen in Quebec on Tuesday that free trade was a myth but that no country could afford real protectionism. Mr lacocca suggested, instead, "a sensible middle position" based on self-in-terest and
    AP  -  258 words
  • 525 14  -  By PETER JANSSEN THE INTERNATIONAL Finance Corporation, the World Bank's investment arm, will set up a permanent office in Bangkok soon in an effort to expand its activities in Thailand. IFC chief executive Sir William Ryrie announced yesterday that the Bangkok office, which will
    525 words
  • 226 14  -  ■y Peter Janssen THAILAND'S Board of Investment (BOI), the government's chief foreign investment promdtional office, has set up a special task force to attract European investment. The 801 team is particularly keen on attracting investment from West Germany because of the
    226 words
  • 75 14 Reuter COMEX GOLD FUTURES recovered yesterday on short covering against a soft dollar after the market traded briefly at lows for the week. The leading April delivery fell US$2.7O to U*****.50 an ounce, penetrating support at U*****.00 before rallying to U*****.00. Analysts said the metal was shadowing the
    Reuter  -  75 words
  • 58 14 Reuter WALL STREET stocks traded slightly higher yesterday morning as volatility in the bond market and foreign exchange markets calmed somewhat. For the past three sessions, stocks had retreated as investors, worried that monetary policy would be tightened to aid the flagging dollar, took profits. The Dow
    Reuter  -  58 words
  • LATE FILE
    • 52 14 Bernama FORMER Deputy Prime Minister Datuk Musa Hitam said yesterday he is prepared to defend his deputy Umno president's post which he has held since 1962. He told reporters that his decision was based on a realisation to continue offering his services to the
      Bernama  -  52 words
    • 36 14 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba said the government haa to be cautious in implementing the Bakun hydro project in Sarawak's seventh division because it involves a large expenditure. Bernama
      Bernama  -  36 words
    • 33 14 AP PRESIDENT Corazon Aquino, declaring her government has "done our beet" to pursue peace with the communists, vowed yesterday the military will reaume operations against the rebels. AP
      AP  -  33 words
    • 52 14 AFP CHINA'S 1986 trade deficit fell to U5511.97 billion from a record US$l4 billion in 1985, the official Economic Information paper said. The paper quoted customs figures as showing 1986 exports at US$3O.9 billion, up from U5525.3 billion, and imports at U5542.9 billion, up from U5539.3
      AFP  -  52 words
    • 68 14 AFP THE European Community has confirmed temporary protectionist measures against imports of Japanese roller bearings, said to be offered at dumping prices in Europe to the detriment of European manufacturers. The official Journal of the European Community said yesterday that the 12 EC countries
      AFP  -  68 words
    • 43 14 AFP THE GOVERNOR of the South African Reserve Bank, Gerhard de Kock, called on Tuesday night for "comprehensive further political reform" and the maintenance of law and order if the country was to achieve growth and prosperity. AFP
      AFP  -  43 words
    • 36 14 Reuter FIJIAN Prim* Minister Ratu Sir Kamisese Mara said yesterday China's acceptance of a treaty declaring the South Pacific a nuclear free zone would promote peace in the region. Reuter
      Reuter  -  36 words
    • 32 14 Reuter INDIA ANO Pakistan yesterday began withdrawing more than 150,000 soldiers to peace-time locations in one sector of their tense border, a Pakistani Foreign Ministry spokesman said. Reuter
      Reuter  -  32 words
    • 54 14 AP THE BOLIVIAN government deployed soldiers on Tuesday to protect installations of the State Petroleum Company that were shut down by a general strike called to protest a plan to cut the company workforce by 20 per cent. At least 18 workers were arrested for
      AP  -  54 words
  • Page 14 Advertisements
    • 9 14 Nakasona's call saan as a political movt, Paga 4
      9 words
    • 185 14 Ths silver report was not svsilabts at prsss tints. NOTICE REGISTERED TRADE MARK Please be informed that Brother Industries, lid of Japan, manufacturer of Brother typewrite* printers and accessories, will implement legal proceedings against any attempt to infringe the toother logo trademark of its products. Such infringements have occurred in
      185 words
  • Page 14 Miscellaneous
    • 31 14 HH I'll Itoport for 24 hours prior to 7.30pm on Fob 11 at too airport Maximum tomporoturo 31J AMoclltd humMMy 30 MMmun tomporoturo 233 Aaoodotod humidity 94 Hour* of Mirahlno 10.35
      31 words

  • SHIPPING TIMES
    • 416 15 Reuter INTERNATIONAL Maritime Carriers (Holdings) Ltd plans to expand its fleet in spite of continuing sluggishness in the world shipping market, chairman Frank Tsao said. He said that the listed Hongkong firm, which now has only three ships, is looking to
      Reuter  -  416 words
    • 142 15 Seatrade Week SOUTH KOREAN shipbuilders intend to secure newbuilding orders st a better price on a selective basis this year, as the yards are fully occupied until the end of next year, mainly with tanker newbuildings. They have set a newbuilding order
      Seatrade Week  -  142 words
    • PORT SIDES
      • 137 15 UPI THE FIRST SHIPMENT of Volkswagens new Brazil-ian-built Foxes has arrived in the Port of Wilmington, and is expected to contribute to an upsurge in the ports business with the German automaker. About 100 of the cars to retail for U555,690 were delivered to Wilmington.
        UPI  -  137 words
      • 96 15 P O tells New Zealand unit Reuter P AND O AUSTRALIA Ltd will acquire the unlisted P and O (HZ) Ltd from Peninsular and Oriental Steam Navigation Co for NZ$lO.5 million. P and O Australia shareholders approved the acquisition from the company's parent at an extraordinary general meeting, it said
        Reuter  -  96 words
      • 79 15 CONSTRUCTION work on the Thai deep-sea port of Laem Chabang is expected to begin in October, one month after the contract is scheduled to be signed. Forty-four companies tendered for the project and the Thai Harbour Department has shortlisted the number of contenders to
        79 words
      • 218 15 AP AN AMERICAN warship intercepted an Iranian gunboat heading for a French tanker in the southern Gulf on Tuesday and forced it to back off, shipping executives said. In a second incident near the strategic Strait of Hormuz, a US warship rushed to the aid of
        AP  -  218 words
    • 455 16 Lloyd's List SLOT CHARTER and co-opera-tion deals in the Far East, US west coast and South America liner trades are being considered by the Shipping Corporation of India. The Bombay headquarters of the state-owned company, which has just agreed to a pioneering slot charter
      Lloyd's List  -  455 words
    • 69 16 THE PANAMA Canal is back to normal for the first time since October when a landslide followed by lock maintenance restricted traffic through the waterway. Traffic restrictions introduced following the landslide were retained while scheduled maintenance work on the Miraflores locks was carried out. A
      69 words
    • 208 16 ALL SURVEYS are conducted on Jan 27 1987. Argentina Buenos Aires 30 vessels operating. Australia Brisbane Normal operation. Melbourne Normal operation. Sydney Normal operation. Bangladesh Chalna 15 vessels operating. Chittagong 15 vessels operating. Brazil Santos Waiting time of up to 2 weeks. Cameroon Douala Normal operation. Canada Vancouver
      208 words
    • 152 16 THE PORT OF LONDON Authority is poised to announce a substantial reduction in port rate charges following its success in reducing surplus dock capacity. Port rate charges sums levied by the PLA on cargo handled through the port have already been reduced significantly
      152 words
    • 241 16 UPI BILLIONAIRE adventurer Jack Grimm has completed plans to retrieve artifacts from the debris field surrounding the sunken Titanic and televise the operation live this summer. The eccentric oilman, who also launched a search for Noah's Ark and the Loch Ness monster, said
      UPI  -  241 words
    • 705 16 AB Shpg V 5 Accord Shpg VI 3 African Ocean IX 4 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 II 4/5
      705 words
    • 1697 16 FAIRLY ACTIVE grain chartering was reported on Tuesday but vary little of this involved Panamax vessels out of the US Gulf, ship brokers said. A cargo of grain was covered from the Gulf to Japan but this consisted of 33,000 long tons at U5515.40. Three vesaels were secured
      1,697 words
    • 178 17 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
      178 words
    • 148 17 Seatrade Week UNITED STATES-BASED Regency Navigation is giving a new twist to economies of scale by offering a single port-to-port service on the Atlantic between Charleston and Bremerhaven from this month. The first sailing will use the chartered 550-TEU Westerhamm with a 13-day
      Seatrade Week  -  148 words
    • 359 17  -  By KINGSLEY WOOD AUSTRALIAN meat exporters to North America saved more than Asl2 million in transport costs last year. Savings resulted partly from a new rate agreement with shipping lines but mainly because of the entry to the trade of the Norwegian-based Cool
      359 words
    • 297 17 UPI SAUDI ARABIA and five other oil states in the Persian Gulf are considering buying up to two dozen US-built maritime patrol planes to help defend against Iranian attacks on shipping in the waterway, Pentagon officials said. The United States has been negotiating for
      UPI  -  297 words
    • 235 17 AUSTRALIA'S outward shipping freight rates could rise sharply in the next few months because of a growing shortage of empty containers in local ports. With exports increasing steadily over the last few months as effects of the dollar depreciation start to bite,
      235 words
    • 169 17 UPI THE CONFIRMED death toll from Cyclone Uma rose to 17 as rescuers found 13 victims in the wreck of an inter-island trading vessel, an Australian official said. James Batley, acting Australian High Commissioner in Port Vila, said the victims were found after a disaster
      UPI  -  169 words
    • 175 17 Reuter ORIENT OVERSEAS Holdings Ltd resumed share trading on Monday after it completed its debt restructuring last month, but little interest was shown in the stock, brokers said. It was last bid at HKS3.4O with no offer, against an initial 1.55/3.375 and the par value
      Reuter  -  175 words
    • 7256 22 3®aBE)QllB 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
      7,256 words
    • 126 23 Area/Port Viscosity Density G/ML at 15C Water CST at 50C Volume 0/0 Africa/Red Sea Jeddah 109/184 0.944/0.955 0.0/2.5 Durban 50/157 0.974/0.992 0.0/0.5 Arabian Gulf Ras Tanura 112/245 0.940/0.968 0.0/0.2 Bahrain 181/184 0.974/0.978 0.1/0.2 Europa Rotterdam 74/510 0.961/1.009 0.0/0.8 Hamburg 35/402 0.937/0.996 0.0/0.7 Le Havre 25/360 0.926/0.985
      126 words
    • 444 24 AT CONVENTIONAL WHARVES Kemit M2A 12.02/0800 12.02/1800 Kalimatan 1 M2B 12.02/0700 12.02/2100 Vaaaal Barth Arrival Departure Niaga XXXI M2B 12.02/2100 13.02/0600 KEPPEL WHARVES Sampaguita S M3 12.02/0700 13.02/2300 Bahari Prasetya M4A 12 02/0700 13.02/0600 Ananas K19 alongside 17.02/1500 luconia M4B 12.02/0700 12.02/1800 Balsa 43 K15 alongside 12.02/1500
      444 words
    • 1257 24 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy data/tlma Operator cargo achadula Locatk) Kathrine Sif 012 12.02.87 2000 Sharp F5A 1100-1200 P5 Al Wajba 28 12.02.87 2300 Sealord F7 1400-1500/1300-1400 U4/W4 Nad Obufchova 2BE/87 1202.87 2300 Sinsov F7 .1200-1300
      1,257 words
  • Page 15 Advertisements
    • 593 15 r.Vti> ?:oa fICSTUiJ.t* HAGMfKH 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 JNOK Hl* tSBKB Ph. 242*4/ OIK) 700 CmUmmM Baa 4 #12-05 SmOvodK. Sapcm 020* Tel *****11
      593 words
    • 67 15 SLOT CHARTER and co-operation deals in the Far East, US west coast and South America liner trades are being considered by the Shipping Corporation of India. Page ll AUSTRALIAN meat exporters to North America saved more than Asl 2 million in transport costs last year. Page ill Index to advertisers
      67 words
    • 715 15 r^nfn.Auel TV M V. n*i MAERSK LINE FAST TRANSIT SINGAPORE-ANTWERP 17 DAYS SINGAPORE-ROTTERDAM 18 DAYS SINGAPORE-BREMERHAVEN 19 DAYS SINGAPORE-HAMBURG 20 DAYS ThM waak Lada M Ooamg Tknaa CY 16/02 1500 MRS CFS 16/02 0600 MRS To C.iliforni.i -US Gulf -US Atlantic E .»st CAll W.itor v TIM «aafc Lada M
      715 words

  • Page 16 Advertisements
    • 324 16 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN 6ULF AND INDIAN SUB CONTINENT Alio CJ'go to ill L destinations Scandmaman (Ajrhus f<.ioe--af»- and other (x)ea" Inland points OUTBOUND TO MEDITERRANEAN Also accepting FCI Carpi to lirusso! He'iin u'tai a
      324 words
    • 292 16 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****90 MALAYSIA SON. BNO. TLX: ***** RfTM Frt Booking contact Miss Gan KNQ S PORE LOG. FOR _Barber Blue Sea The Super System Supcrcarricr Service L 1: M tvM'n IfIL3!UT-3 CONTAINER SERVICE if® orWe a SpeC/3teed «g r £J?SCOT ETA SIN 15 FEB AGENTS lAMBI
      292 words

  • Page 17 Advertisements
    • 727 17 The Straits Steamship Group Mansfield Container Shipping PteLtd mp&o Containers Limited CONT/UNERSMP SERVICE TO UK/CONTMENT:) STRAITS SHIPPING *>inofinw to "iihth. jßiwifc. Brunei Ports md Bangkok PEGASUS PRIOE PEGASUS PRIOE 17-B Fafe B-Zl Fafe M-SM MM Liverpool mt CITY Of tPHMURCH KITMOHMU LARGS MY S*aara P.Rlani S'tn Htarf Hmm RMn La
      727 words
    • 894 17 AFRICA OCEAN LINES LIMITED of Nigeria is pleased to announce their appointment of SEALION SHIPPING (S) PTE LTD as their agents in Singapore and Express Shipping Agency Co Ltd, Hongkong as their general agents in the Far East for their liner service from Singapore and other Far East ports to
      894 words

  • Page 18 Advertisements
    • 367 18 CONTAINERSHIP SERVICE TO UKCONTINENT CARIBBEAN S. AMERICA CONV SEMI CONTAINER SERVICE T0 EUROPE SPORE H'BURG ROAM A'WERP IMMINGHAM RS QINGDAO 17/2 14/3 11/3 21/3 2/3 I CON T AINER SER VICE TO M EDEUROPE rrat pk pen trieste uxncs mlbao hburc b'haven HOLSATIA 11/2 14/2 15/2 1/3 15/3 11/325/3 1/4
      367 words
    • 465 18 IP* JC.S-LINE FULLY CONTAI NERISED SERVICE C R TOKYO W FROM ['JROPE VIA SUEZ Mfmb of ,hf c Consortium C.R. PARIS K LION GATE BRIOCE 58 ORIENTAL CHIEF SIE *FDRjHOTHCR VESSEL LCI ME/KOREAN JACEWON BE 24/2 OCH 52E/KOREAN WON IS ONE HE 3/3 KJJ J7E/KWS (IE 10/3 CONVENTIONAL SERVICE TO
      465 words
    • 329 18 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Ratty Ante/ UK (Newport) SINGAPORE CAUCO SHIPPING PTE LTD n T T-: aam Th nmii CAUCO FAX: 2MS7I PORT KELANC PERKAPALAN UTAMA SON BHD Tat miITW KOTA KINABALU KESAWAN SHIPPING SON BHD ma MI WWPtaiteßß SWI TG. HANI K&S LINE
      329 words
    • 790 18 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GOVERN EVER GIFTED EVER GENIUS EVER GAROEN EVER GENTLE EVER GRAND EVER GUARD ALSO ACCEPTING I Round-The-World West Bound (PE/EURO/USEC/CARie/PE' FIX ROM AMI IHV 3 Sg^SgiS'S'S'S'S 1/3 22/3 2*3 27/3 3/3 W *4 *4 12/4 w w iy* 1* 1M m
      790 words

  • Page 19 Advertisements
    • 450 19 x PACIFIC INTERNATIONAL LINES W*\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE MA HAWK KOTAMM itn tin im 11/1 tin m/s m BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE YOKO/KON/BKK. MA HAWK MA HAWK MA HAWK MA HAWK RED SEA/EAST
      450 words
    • 196 19 THONG SOON -09-00, Robina House, S pore 0106 Tel: 2214-888. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO SINGAPORE TO SARAWAK SINGAPORE TO SAB AH PORT 15 Fab 17 Fab a Fab 23 Fab t Fab 11 Fab IS Fab 21 Fab SINGAPORE TO BRUNEI f.i: if 4 4
      196 words
    • 486 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT MM MM MM 110 110 M MB. TBI •>•** on m K tu w MTO. "•Mm I«1 an ap BP HP MP MP MS.*?* m *r mn "g £2 w vi an u.m p«2_ *S »2 ap ap bp MP Mini ■pMn
      486 words
    • 456 19 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD e P.T. BESURI LLOYD P.T. SAMUDEM INDONESIA e P.T. TRIKOM LLOYD VESSCL/Vor S'PORE BILBAO BREMEN A'DAN/R'DAN H'BUBG NATARAU/17WB V-an 21/3 25/3 BP 3*3 PALOMANMNN 14-2712 21/3 30,3 SAMOA BHAKTI/17WB M/ 3 15/4 ISM 24/4 KUTAI/11NB 11-M/3 7M UN 1 MNJAMfIM 24-8/3
      456 words
    • 244 19 BOUSTEAD SHIPPING AGENCIES 'Wt-I Ui LC PA-AM YVm XJiH jJL.'li'lUZi Jl. SPORE ROAM HULL HRBI 13 i X ..••rl*..-* l'.v.i.iJJ TOANA NIUQNI V3S Spm 3/3 CLYDEBANK V2BS Spn 3*| (PNG ports: POUT MORESBY/KIETA/RABAUL/KINBE/LAE) (KL Aft H C Tol Wliil) IYUN D A I MERCHANT MARINE BULK TOMER AND PLYVOOO SERVICE
      244 words

  • Page 20 Advertisements
    • 604 20 Mm •j IV LINE —KAWASAKI KISEN KAISHA, LTD. FEEDER VSL MOTHER VSL SPORE PKLG PNC SPORE KOBE GUAYAQUIL CAUAO ARICA IQUKJUE AFACASTA S.ANTONIO VALPARAISO J. BRIDGE VC3 TBN VSL 11 Ftb 12 FA 13 FA UFA (Mir 7 Apr IS Apr U Apr CaTML MWHIf O TftßWfflfl SEA FEEDER VSL
      604 words
    • 323 20 AccapMng LCL and South Africa S.A. VAAL 2325F NEDLLOYD COLOMBO 2427F Sport Durban P.Eiu WWW www W J»f d>r» JARDINE SHIPPING AGENCIES (REG *****4/ OOK) 200 CANTONMENT ROAD #12-06 SOUTHPOINT, SINGAPORE OZOI tat *****11 TELEX NO. RS ***** TERMINAL/CFS Tal. *****11-220 BOOKINGS Tel. *****34-235 FREIGHT LINKS EXPRESS PTE LTD SINGAPORE:
      323 words
    • 560 20 AUSTRALIA EXPRESS CONTAINER SERVICE AtwoMng FCUFCI Caitetawo Xu Apr Adal/Bra X Apr Adal/Bna 1: 11] F.l JSWiI: fi #.11:1 10. HARTANA VJ CALABAR V.J2 KAtIRDAS V.3ZH S O.A. PRADESH VJ2H S O. NAGALANO V JAM V. ABBTABH V«H BMARATENDU V2ZM 10. TRIPURA V m ESTECUPPER Vl2 R ABBAS V27H CALABAR
      560 words
    • 555 20 GOLDEN LINE VOSiV, GUM) GUAN SWUNG (PIE) LTD 21. Trial <«• SkMt «4 smtrnm oim iu •Mnu (it ucs) STRAITS/PERSIAN GULF SERVICE: s-pcro p.k*« p»m GOLDEN HAVEN CotonixVKjradM/MuKat/Dutw In Part GOLDEN WONDER Colombo/K*riehi/Dvib*i/Bihr»Mt 3/4 Mar CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA P.KLANG PENANG DESTINATION TANCQUAN
      555 words
    • 449 20 INTRASIA (PTE) LTD 15 Hoe Chiang Ro«'. tro7 02 03 Santord Building Singapore 0208 Tel *****1 1 (10 llne»i Bulk Orient Line I BREAKBULK SERVICE TO EUROPE/UK V AOCLINA zm Utn P. Mm LeaM* hr*rt W SCTEffOT/ANT/UK(MUU.) TTTI "Ij"" PHIL I IRON SHIPPING AGENCIES PTE I ID PHIL I OR
      449 words

  • Page 21 Advertisements
    • 644 21 NEPTUNE ORIENT LINES LTD J MPTUNE AGENCIES PTE LTD FE [UJAUST TP«SU Ttl No Offtc* Tarmnal CFS BOOKINGS 27W77 27J57S 27K742 27M77 WIMW mi TO Z7B7C OS DIRECT LINES 27MM 27»U SMS NEPLINE SON. BHD. 3MM7 NEPLINE SON. BHD. 2H4033 NEPLINE SON. BHD. S2«V«274»*flWl*27tt2 NEPLINE SON. BHO. 23M40/23W1 \JT\ ■ERCATOR
      644 words
    • 389 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN. INCHON nal'i NMM Donam/TUN I DamatfTKN Danan/TKN 7 Dhmm/TCN I Dmimi/7Q?N i DmamfWH SPiKrt «UNI' NfPIUi AGINCiS Pll I ID If! ?imu 'Hootmifs .'.'.'MO 1 '(Oprtjlioml .\7.'48. ?.WB4 i Irtrtwijli .'.'o isn ,\'P:so4 icis Ml «>M» II
      389 words
    • 578 21 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 KELANG PENANG SSHARIKAT VAN SOON SON. BHD. IST AHD MO ROO*. MESSRS NAI TMONC SHIPPING 127
      578 words
    • 41 21 \ll /.S////V L//VE I JAPAN HONGKONG STRAIT? 1 Momlmn Singapore P.KLang N—m HERCULES V.IA 13/2 11/2 OSO MARU NO. IVJM 20/2 25/2 SHIBUSAWA MEISNIN N.T.Y. TPTN CO. PTE. LTD., VO. C«H Stmt. iU-M GS MM* fpn Ml TEL 20K22 (2 Urn)
      41 words

  • Page 22 Advertisements
    • 250 22 fjffgfl REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) iTrsm TO P.KELANG PENANG (2 BAJUNQB A WEEK) m '1 UAL oc m i 'ir: W.V.I 5E BENGAL BAY CONTAINER FEEDER TO CHITTAGONG PORT KfIANG FARYS MARITIME PrNANii DASWANISDN BHD P A SIR tjUDANC PAKATAN JUJUR SDN BHD fr 1
      250 words
  • Page 22 Miscellaneous
    • 163 22 Regional Weother| fi I St fctl X *7/ i fc 33 «*r I M MS* ¥1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^' Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature o c A n Shower Weather —V Wind direction with speed
      163 words

  • Page 23 Advertisements
    • 238 23 CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU 1 P. GUDANG 1 SINGAPORE *****88/*****56/*****48/*****93 *****53 04-*****2/4, *****3 07-*****8, *****8. 07-*****1, *****3, *****5, *****0 02-*****22 Will WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE LEHARVE 12JI I IXO B. BUTANG TT7T B. BUT AM B. BUT AUG r B. SURIA
      238 words
    • 430 23 ££.Hai Sun Hup Co (Pte) Ltd L_L TF I ??0490f> i? 0 Lines) T1 X RS ??r\4. 1 R .'(if, I \M I K\ \K I I\ I K III) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RORO HEAVY UFTS Loading at appmpiiatad Bortti P4-P5 MOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN
      430 words

  • Page 24 Advertisements
    • 39 24 FARGO SHIPPING COMPANY (PTE) LTD. REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE 'Accepting FCL, LCL and Conventional ETA SINGAPORE DESTINATION 200 Cantonment Road «08-06 Southpoint Singapore 0208 Tel: *****22/*****59 CFS (Import) K37 Tel *****78 CFS (Export) EAL Tel: *****49
      39 words
    • 456 24 s SAILINGS EVERY TUESOAY OUTBOUNO VESSEL AT ROTTEROAR FIONIA 705 N. DELFT Oil TTJI N. DUMA 0» B. SURIA m ACCCPTMQ CAHQO (LCL ft FCL) FOR: DAKAR, FREETOWN, MONROVIA. ARRMAR, TEMA, LOME, LAOOf DOUALA t- Sh M 1 IMI i 'ARB' .Hll'f'lNt, I'll INTEROCEAN LINE TEL: 71W7M, ******4 TLX NO.
      456 words