The Business Times, 18 February 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 182/12/85 TUESDAY, FEBRUARY 18, IMC 75 CENTS
    12 words
  • 561 1  -  Government to increase support for company to take higher credit risks By SOH TIANG KENG Financial Correspondent THE GOVERNMENT plans to beef up its support for the Export Credit Insurance Corporation of Singapore (ECICS) to enable it to take greater credit risks. This was announced
    561 words
  • 612 1  -  ECONOMIC COMMITTEE REPORT By RAY HEATH A FEAR OF FAILURE stalks Singapore, and is one of the obstacles to enterprise that must be tackled, says the Economic Committee in its chapter on entrepreneurship. The Committee has also recommended the revision of the the controversial Section
    612 words
  • 467 1 AN AGGRESSIVE PROMOTION of the service sector by the Government, including the extension of financial incentives now enjoyed mainly by manufacturing, has been called for by the Economic Committee. If the strategy is implemented, it would be coordinated by the Ministry of Trade and
    467 words
  • Article, Illustration
    110 1 LED BY THE wtmkmrm la Malay hwl Miaton, share prices fialahed with Immi ea a wide trait at the Wagapere stack market yesterday. The reeaastltated Straits Times ladnstrlal Index ctaaed 4J6 palate lewer at «11J4 while the BT Composite Index was dawa by 5.M palate te 529.31. The
    110 words
  • 532 1  -  By NAJEEB JARHOM THE EAGERLY sought-after $180 million line of credit, popularly known as the first "lifeboat" fund from the Big Four local hanks to needy stockbroking firms, is to be activated soon, after a 2 Vj-month wait. According to stockbrokers, the situation
    532 words
  • 213 1 UPI CHINA yesterday announced that it had designated five cities as laboratories for major financial reforms, which might include the establishment of its first stock brokerage firms. The five cities are Guangzhou in the south, Wuhan and Changzhou in
    UPI  -  213 words
  • 119 1 THE NEW Australian banking subsidiary of the Oversea-Chi-nese Banking Corporation will have an issued capital of Asso million, of which Asls million is expected to come from the Australian public. The new subsidiary will be known as Bank of Singapore (Australia).
    119 words
  • Page 1 Advertisements
    • 55 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM f> f VI 'J Seating Systems to help you stay fit CPC 5500 A with black leather or fabric covering r PTE. LTD. Head Office: 1 Toa Rayoh Industrial Park *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Square *02-68/9, World Trade
      55 words
    • 255 1 Mot# support for locsl com panto, Psj# 3 Making us# of infof mation tachnotogy, Paga 3 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO OUR VIEW STORE CLOSURES do not spell bod news for the Emporium Holdings group. Instead, the group's chances of surviving its
      255 words
    • 24 1 :\`]}[:[_-$|`*-<</^+})^@)\]%;^% u Some airlines think good service is the smile on the face of 1 a "ForKLM, it's the smile on the face of the
      24 words
    • 55 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM SPP update THINGS are beginning to shape up at SPP Ltd, after a new Tuan Sing Holdingsled management team took over control 15 months ago. The group's new managing director, John Goh, talks to BT on what has been achieved so far and what
      55 words

  • HOME NEWS
    • 269 2 DR TAN POI SIK has been appointed general manager of Smith and Lane Chemicals Pte Ltd. Dr Tan, a chartered engineer, holds a doctorate in chemical engineering on a post-graduate scholarship from the University of Bradford, UK. He has held various senior engineering and managerial positions with
      269 words
    • 401 2  -  By JEFFREY TSANG COMPUTER manufacturer Hewlett Packard has chosen Singapore for its Asean headquarters to take care of the regional market which accounts for 25 per cent to 30 per cent of its Far Eastern sales. In 1985, the computer industry in the
      401 words
    • 305 2 TANDEM, the US computer manufacturer which pioneered the concept of non-stop online processing, has enlisted Singapore Computer Systems (SCS) to step up its marketing thrust in the republic. The Original Equipment Manufacturer (OEM) agreement signed yesterday allows the government-backed SCS to sell the complete range
      305 words
    • 307 2 UNIONS would have easily met their membership target in 1965 if not for the large number of retrenchments. For every three new members roped in by the recruitment drive initiated by the National Trades Union Congress, two would be lost through retrenchment. So while there was
      307 words
    • 191 2 SINGAPORE HAS become a focal point (or one of the world's major trade corporations the China National Chemical Import and Export Corporation (Sinochem). Thirty two Sinochem executives, mainly from Beijing, who were responsible for much of the corporation's US$lll billion trading activity last year, yesterday
      191 words
    • 401 3 PETROL PRICES fell this morning to their lowest levels since November 1983. The new prices are about 11 per cent lower than before which works out to a $2.5 million reduction in taxes going into the government coffers each month. From
      401 words
    • 61 3 BT's story last Saturday on Allied Cocoa being wound up and claims made on the company by one of its creditors, Cocoa Merchants, was headlined "Allied Choc faces another creditor". The headline is wrong and should read "Allied Cocoa faces another creditor" instead. We are sorry for
      61 words
    • 426 3  -  Prosperous indigenous businesses an asset to economy ECONOMIC COMMITTEE REPORT By FOO CHOY PENG Chief Reporter THE IMPORTANCE of a strong local sector has been underscored by the Economic Committee which has also pinpointed three areas where help could be given. Local companies, it says,
      426 words
    • 444 3  -  By LOH HUI YIN IT IS NOT ENOUGH for Singapore industries just to computerise, says the Economic Committee report. "To be able to compete better, our industries need strategic and creative exploitation of information technology." A new national, consolidated information technology (IT) strategy,
      444 words
    • 189 3 A TWO-MEMBER trade mission from Bangladesh will discuss possibilities of signing a countertrade agreement with the Trade Development Board and Intraco. The mission, headed by Brig (Retired) AKM Azizul Islam, the chairman of the Trading Corporation of Bangladesh, will also explore other bilateral trade issues during the
      189 words
    • 207 3 INVESTORS and businessmen looking to China from Singapore may check into an international conference to be held in the Republic from April 17 to 19. Organised by the Singapore Society of Accountants, the conference will be at the World Trade centre. It
      207 words
    • 114 3 THE 7th International Leather Fair, which was to be held from March 26-29, has been postponed to next year. The decision was based on the need to adjust to the current market situation, according to the organiser, Item Pte Ltd. "Although we have a good level
      114 words
    • 204 3 SEVEN professional and business groups will organise a one-day seminar on investment opportunities in China's real estate and construction industry. The seminar, to be held on Feb 25 at the Mandarin Hotel, will include speakers from a group of Chinese delegates in Singapore.
      204 words
    • 60 3 THE PRESIDENT of Malta, Miss Agatha Barbara, arrived in Singapore for a state visit yesterday. Miss Agatha Barbara, who is accompanied by officials, is here for a fiveday visit at the invitation of President Wee Kim Wee. During her visit, she will meet Prime
      60 words
    • 39 3 TELECOMS's four-memory display pagers are now back in stock. The pagers, which ran out of stock in November last year, are available from the Telecoms Customer Services Centre. Enquiries can be made on telephone number *****90.
      39 words
    • 155 3 THE People's Association is organising a two-day seminar next month for those nearing the retirement age. The pre-retirement seminar is the third on the subject to be organised by the PA since 1963. The seminar topics have been specially selected to cover
      155 words
    • 58 3 TWO SESSIONS on "How to. Declare your Imports and Exports" will be conducted by the Trade Development Board on Friday. The sessions aim to help traders, freight forwarders and cargo agents fill their inward and outward declarations correctly. The briefings, which are free-of-charge, will be held
      58 words
  • Page 2 Advertisements
    • 424 2 WORLDW/DECOUR/ER Changing the way the world does business. Live In Luxury, Deep In The Heart Of Town 3 and 4-bedroom apartments Swimming pool, 2 tennis and 2 ssry j 'IV > squash courts, putting green,gym, playground and jogging track. Travertine marble floors, wool sr-/o carpeting, curtains,light fixtures. Fully fitted kitchen.Washer,drver.
      424 words
    • 0 2 |>_{_=;^`,<\`$*>>\"\(])$;%^^@*,
      0 words

  • Page 3 Advertisements
    • 178 3 Qantas. Four non-stop flights weekly to Perth. Qantas offers four non-stop flights each week to Perth, sunny capital of Western Australia. On Wednesday, Saturday and Sunday, flights depart at 22.10. On Friday, we leave at 22.45. And remember, Qantas flies its passengers longer distances than any other airline. It's because
      178 words

  • OVERSEAS
    • 686 4 AP THE US ECONOMY, bolstered by falling oil prices, should enjoy significantly better growth this year than in 1985. Many economists in Washington believe that the new optimism represents a sharp turnaround from expectations little more than a month ago. At that
      AP  -  686 words
    • 457 4 AFP THE GOVERNMENT of Argentina, which has achieved success in fighting inflation, now faces the challenge of boosting the economy to calm social discontent but without relaxing its policy of austerity. The first stage of the economic reform plan launched last June has reduced the
      AFP  -  457 words
    • 453 4 NYT FORMER socialist Prime Minister Mario Soares was elected Portugal's first civilian president in 60 years last Sunday. According to virtually complete returns, Mr Soares won 51 per cent of the vote. His opponent, Diogo Freitas do Amaral, a Christian Democrat,
      NYT  -  453 words
    • 239 4 AP A GROUP of Americans visiting Libya in defiance of the ban on travel to Libya imposed by President Ronald Reagan's Administration have said they would file a class action lawsuit if they are prosecuted by the US for their action. Mohammad Mehdi, the coordinator of
      AP  -  239 words
    • 138 4 Reuter TWENTY EIGHT per cent of Mexico's 77 million people are suffering from depression, much of it caused by economic hardship. Dr Jorge Ramos, the head of psychiatry at the main social services hospital in the Mexico City, has announced that he is setting
      Reuter  -  138 words
    • 111 4 Reuter URBAN PLANNERS have outlined a 21-point environmental improvement programme to fight pollution in Mexico City, one of the world's most polluted cities. Among the key points are new engines for buses, mandatory exhaust controls, lower lead contents in petrol, and a plan for the
      Reuter  -  111 words
    • 76 4 Reuter UK SPENDING and output growth should pick up later this year and accelerate in 1987. Bank of Scotland PLC's Charterhouse merchant bank unit says output this year will, however, rise only 2.0 per cent. Central statistical office data issued last Friday showed 3.0 per
      Reuter  -  76 words
    • 335 4 UPI COMMUNIST theory disapproves of the rich but a Communist Party paper says that Poland has dozens of multi-millionaires and one is even a party member. Polityka reported on Saturday on the existence of the unusual phenomenon, which is incompatible with Marxist theory,
      UPI  -  335 words
    • 372 6 Reuter CHINA'S economy is facing mixed prospects this year as the government tries to control a large foreign trade deficit and too fast domestic growth without causing a slump. The Communist Party has proclaimed 1986 a year of consolidation after two years of double-digit
      Reuter  -  372 words
    • 272 6 AP BEIJING would not collect any taxes in Taiwan after peaceful reunification, according to the deputy director of China's Taiwan Research Institute. Writing in the overseas edition of the magazine Outlook (Liaowang) this month, research fellow Li Jiaquan provided new details of Beijing's seven-year-old
      AP  -  272 words
    • 152 6 Reuter INDONESIA may raise oil production and sell oil at "flexible" prices to achieve export revenue targets. Mines and Energy Minister Subroto told parliament yesterday Indonesia would produce oil at the level necessary to secure planned export income. Oil marketing would be more flexible, but
      Reuter  -  152 words
    • 865 6 DEPARTURES Operator Service Local For number time JAL JLI7I8 0125 NGO KAL KE697/8 0200 BKK/(SEL) FT FT 1076 0255 HKG/NRT/ ANC/ORD/JFK CAL CI34I 0430 DXB/LUX CAL CI338 0430 TPE sv SV398 0545 CGK RJ RJ183 0600 KUL/AMM SIA SQ102 0730 KUL JAL JL1768 0800 BKK MAS MH604
      865 words
    • 203 6 AP MEMBERS of a Republican task force on trade yesterday urged more and faster action by South Korea in opening its markets to help head off rising protectionist sentiment in the US. Republican Don Sundquist, a Tennessee lawmaker and
      AP  -  203 words
    • 366 6 UPI AN ENDURING FAMILY debt of honour may be the key to taking the tension out of the Philippines in the wake of the 1,000-Is land nation's fraud-taint-ed, violent presidential election. "You have to remember the Philippines is an Oriental society, not a Latin
      UPI  -  366 words
    • 189 6 Reuter SHARE PRICES of San Miguel Corp yesterday dropped on the Manila and Makati stock exchanges and some banks were hit by heavy withdrawals a day after presidential contender Corazon Aquino called for a boycott of the establishments. San Miguel A shares fell to
      Reuter  -  189 words
  • Page 4 Advertisements
    • 146 4 ;^{`[&^_&>|.,@>'.=-$(|."(<'[|^; How easy is it? Just take 3 round trips to San Francisco from Kuala Lumpur in Executive Class, for example, and your next trip to the States* is completely on us. Not that we're stopping there. You can also earn upgrades to First Class, get 2 tickets for the
      146 words
    • 41 4 Wanted to buy: Metal-working Machine Tools U.S. Buyer seeks entire facilities or major groupings of young machines. Contact Mr. Jay Krom from Feb. 23 to 28 at Hotel Inter-Continental Pavilion, telephone *****88. Or Telex U.S.A. *****8 anytime before his arrival here.
      41 words
  • Page 4 Miscellaneous
    • 60 4 Doonesbury W TON*! t^-BEBHHERE OAO, you f/ a(4« S&JSSL 6lRii ft I PU&S NOT PCAP, HE*A SLAVE! r rs 5£ n s ferl BY GARRY TRUDEAU MORS THAN UKBLUPOftT THAT JUST 3BATALL m II umiM II 1 SSif* ISTHISASICK SICK? YOU MIMT JOKE t ZDNKER? SICK? CHECK IS THIS SOME
      60 words

  • Page 5 Advertisements
    • 201 5 From now on there are 10 detours to Stockholm. m id JmK m m Vmm if: t -i. a K m st vt SI m •-s ®praffKj§| >•£ -3C siSSI siAnd one short cut. On January 17, we introduced a new direct When you finally do land in Europe, there
      201 words

  • Page 6 Advertisements
    • 187 6 If your flights to Bangkok have always been nothing more than two hours of blue skies and an indifferent newspaper, we invite you to read on. Thai has covered the mileage to make flying to Bangkok an experience to be savoured. Because only on Thai will you find Royal Executive
      187 words

  • BANKING AND FINANCE
    • 1049 7 SINGAPORE The US dollar closed mixed yesterday compared with New York levels, after short-covering helped it to recover against most major currencies from early lows. The dollar fell to a seven-year low of 179.70 yen in early active trading on speculative selling but recovered later to close at
      1,049 words
    • 306 7 Asian market ASIAN DOLLAR deposit rates closed little changed yesterday compared with opening levels in very quiet trading. Periods were about unchanged to Mi point lower at the outset with dealers attributing the softness to a larger-than-expected 0.7 per cent fall in US January producer prices. Rates remained unchanged in
      306 words
    • 336 7 BA Futures MARCH Eirtdtllar opened at 92.08 yesterday, gapped up from last Friday's close in response to speculation of a discount rate cut and weaker economic data. Profit-taking activities during Liffe opening saw the market backing off with the March contract closing at 92.12 while the June settled at
      BA Futures  -  336 words
    • Article, Illustration
      137 7 THE OVERNIGHT rate on the Singapore interbank money market fell by H point from last Friday to close at 5 1 per cent yesterday. The one-month term rate remained unchanged while the two and threemonth rates rose by 1/16 point each. Mcatas Km of the prim bndhc rata
      137 words
    • 238 7 HONQKONQ: The metal closed slightly lower yesterday on US house selling in the morning, but trading was otherwise very quiet and dull. The bullion price closed at U*****.50/90 an ounce, down from an initial $334.20/60 and compared with last Saturday's $334.20/70 close here and New York's $333.50/334.00 Friday close.
      238 words
    • 558 7  -  Sang Kancil is BT's financial futures trader. Each Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL THE LAST trading days in
      558 words
  • Page 7 Advertisements
    • 208 7 The Greatest Financial Story Ever Ibid... The title of our latest Special Study suggests something rather ambitious. It is. For the serious private investor, it could also prove rather rewarding. The Study opens with a six point summary of what we believe constitutes The Greatest Financial Story Ever Told', and
      208 words
    • 369 7 &TDK TDK SINGAPORE (PTE) LTD 20 Pas* Road #11-01. PSA Mutt>-S»cxey Complex. Singapore 0511 Phone *****22 TDK CORPORATION 13-1. Nhhonbasft 1 -cftome Chuo-ku, Tokyo 103. Japan Phone Tokyo (03) 278-5111. For both radial and axial lead parts. With 2.5 or smm pitch. With over a thousand systems in operation, TDK's
      369 words

  • FEATURES
    • 592 8 STORE CLOSURES are normally regarded by the Chinese businessman as something terrible. In the case of Emporium Holdings, the controlling Lim family members may feel they have suffered tremendous "loss of face" now that they have to give up some of their outlets. The blow is worse
      592 words
    • 1423 8  -  Adversity boosts the creativity of the hotel's marketing team When you are neither a beach resort hotel nor an airport hotel, it is tough going trying to sell yourself but the Changi Meridien is not admitting defeat, reports JAIME LYE. JAIME LYE INSTEAD OF SEEING
      1,423 words
  • Page 8 Advertisements
    • 94 8 Hist Come. First Served bwt«hw«* w British Airways fly daily one-stop flights to London. We are the first airline to leave Singapore at 10pm everyday, except Wednesdays. And the first to arrive in London by 5.55 am. So that at Heathrow, passengers on British Airways are the first from Singapore
      94 words
  • Page 8 Miscellaneous
    • 27 8 BliStoW: Fiarxk Dickens ON we STR€_NGTH OF He* fbR J=g€£ Tfcft F\ND CPIKES. DOH'T IOORRV YOU'LL HFWe P> NP>ST-y BRulSe Bur rwe StJeiLiAJG ljill .soon eo d0i0n....
      27 words

  • SPORTS
    • 374 9 UPI COREY PAVIN, a big money winner in only his third year on the PGA tour, went on a birdie barrage on the front nine and then hung on Sunday to capture the US$5OO,OOO Hawaiian Open with a two-stroke victory over
      UPI  -  374 words
    • 490 9  -  By WALTON MORAIS MIKIKO OHTA's four-stroke win over Kee Bee Khim in Warren's Ladies Open on Friday will put the national selectors under some strain. Not from outraged critics who question their Queen Sirikit Cup team selection, but from incurable romantics who are all
      490 words
    • 196 9 UPI PARAGUAY continued its build-up to the World Cup finals in Mexico with a smooth 3-1 victory over South Korea in the final of a triangular tournament in Hongkong on Sunday. Mexico-bound South Korea was outplayed by the Paraguayans in the second half and suffered
      UPI; Reuter photo  -  196 words
    • 209 9 UPI TOP SEEDS Ivan Lendl and Chris Evert Lloyd both survived rugged challenges on Sunday to advance to the fourth round of the US$l.B million Lipton International Players Championship in Boca Raton, Florida. No. 4 seed Manuela Maleeva was not as lucky, as
      UPI  -  209 words
    • 191 9 UPI THE UNPREDICTABLE French Kiss on Sunday overpowered a stricken America II to take out the seventh and final heat of the World 12-metre Fleet Championship in boisterous seas off Fremantle. French Kiss, known as the "Lego Boat" by competitors because of its computer-designed
      UPI  -  191 words
  • Page 9 Advertisements
    • 216 9 lift ?l I »*>• fill ts! ,fTSince 1967 Ammonia manufacture Malaysia Since 1976 Production of high purity Solvents Singapore Since 1961 Performance Chemicals Technology Centre in Singapore, now serving Asia Pacific Our experience is only matched by our resources and facilities. Experience is only valuable if you learn from it.
      216 words
  • Page 9 Miscellaneous
    • 1331 9 to (md mm rDavid Motm come* to Cindy Williams's rescue in the letter's vivid dreams. PM SBC Text Sample Pages. Opening and Programme Highlights followed by Happy Street. Size Small. The Elephant Show Neighbourhood. Marco Polo (Pt 6, repeat). Musical Interlude Excerpts from Rock It. Selera Rasa 111 (M). Programme
      1,331 words
    • 647 9 Play gol£ the Sevvy way CRYPTIC PUZZLE ACROSS 3 Those taken to destroy pests? (5) 8 He hos a cor and a horse outside (5) 10 More thon one river? (5) 11 Expected letter from the Duke (3) 12 Pipe for changing the oir on the railway (5) 13 Mad
      647 words

  • INTERNATIONAL COMPANY NEWS
    • 625 10 Sales continued to soar in a year of air tragedies Reuter GIANT US plane manufacturer Boeing has weathered the kind of year that gives publicity executives nightmares and is selling its 747s just as fast as it can make them. Two of its jumbo jets
      Reuter  -  625 words
    • 163 10 Reuter THREE MORE creditors of the troubled Dubai trading house ARE Galadari Bros have filed suit in a Dubai court to recover their debts. Chase Manhattan Bank, Arab Asian Bank and Royal Bank of ranaHa are also asking for an attachment of assets
      Reuter  -  163 words
    • 285 10 AFP JAPAN'S third-largest city bank, Sumitomo, has agreed on a merger with the financially troubled Heiwa Sogo Bank, one of the leading mutual trust banks in the country. The two banks reached agreement last Saturday and it was reported to Finance Minister Noboru Takeshita on
      AFP  -  285 words
    • 436 10 Reuter DOW CHEMICAL Company, long seen by critics as an example of big business gone amok over such issues as napalm, agent orange and pollution, is spending millions of dollars on advertisements to polish its image. "We have been involved in a
      Reuter  -  436 words
    • 98 10 Reuter LONRHO PLC is vying with General Motors Corp of the US to buy state-run BL PLC's Land-Rover division. A Lonrho director, Paul Spicer, said his group had been talking with the government for three weeks. A government spokesman declined to confirm that any
      Reuter  -  98 words
    • 210 10 Reuter BANKS FACE write-offs on some of the US$4OO million they have lent to the Saudi Research and Development Corporation Ltd of millionaire businessman Ghaith Pharaon, bankers said. The company, known as Redec, called a meeting in London late last week for more than 60 creditor
      Reuter  -  210 words
  • Page 10 Advertisements
    • 748 10 <&i I I nm§M Lao Qi with us at HUANG fIUAC? Only $9.80** per adult/SBM**per child *>u Get All *>u Can Eat Of CHAN XTVS Plus a scrvng of drtoous YU SHENG and Plus a Cowl <y irmaatxr Fan ftjrndgell Trr* Sunday Bam-3pm/weekdays llam-3pm •Also available Traditional Chines* New *eir
      748 words
    • 162 10 Caf£ de Prince's r MV T> v Hongbao Buffet Feast on 40 delicious dishes plus traditional lucky rawfish Yu sheng Available daily until Feb 23. Lunch $16++ (adult); $12++ (child) Dinner $18++ (adult); $14++ (child) Tiger draught at only $3.50++ per glass. Hongbao Festival Feb 8-28 Spend $50/- or more
      162 words

  • ASIAN STOCKS
    • 338 11 HONGKONG: Share prices yesterday closed higher but late profittaking by small investors pared early gains. Brokers said the Hang Seng Index ended up 5.54 points at 1,783.08 after rising more than nine points in the morning session. Expectations of strong 1985 profits in the corporate reporting period next month
      338 words
    • 223 11 F« 17 Al Sincara Mui Alia Camant NT 2.59 26 20 0 23 -0.3 +01 1 unch -0.1 0.5 0.4 -0.1 -0.1 +0.2 8 Ljan Hwo Mm Nan Y a Pla» Poafic Com Pacific Elact Wr# 14 95 33 90 20 50 1570 +03 unch 1.3 0 2 Chang
      223 words
    • 384 11 TOKYO; The market average yesterday rose in very active trading, rising 43.61 to a record high close of 13,447.91, but down from an all-time high of 13,477.49 hit in the morning. The previous record high of 13,385.74 was reached last Saturday morning and the previous record close of 13,404.30
      384 words
    • 70 11 FEB 17 Pem MarVeel Ohental B PMe* B 0009 ...0.14 -0001 -0015 0.001 plot 39 50 ■05 0.009 -0 0005 Podco B 13 05 Bogu» Go4d Banc Petroleum Benguet Can. B 0.001 unch 0 0028 -***** 106 inch San Miguel B Seafront Same Darby 2025 0 055 ...7 30
      70 words
    • 399 11 SYDNEY: Australian share markets yesterday closed firmer in subdued trading with the market taking stock after Friday's gains and little news to stimulate trading there, brokers said. Near the close of trading, the All Ordinaries Index had risen 1.3 points to 1048.4 and the All Industrials 7.0 to 1606.2.
      399 words
    • 87 11 FEB 17 Won Hyundai Const 1002 38 Hyundoi Motor 2220 too 650 -6 KAL 692 20 Choheung Bk 610 unch Korea First 660 unch Commercial Bk 670 -10 Yukong 1819 19 Doetim Ind 500 -5 Korea Ship 345 5 Daewoo Cofp 683 43 Lucky Ltd 880 16 915 2
      87 words
    • 119 11 BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.19 to 137.09. Turnover amounted to 120,549 shares valued at 10.6 million baht. FH 17 a «b*l Sam Comant Sum Cihzan Saam Oy Z 7150 440 -1.5 •2 Alio Rbr» Ayuthoyo kw And Tnal Bangkok Agro-lnd Bangkok Bark. Bam Of
      119 words
    • 71 11 Reuter R J REYNOLDS INDUSTRIES of the US will invest US$lO million in a new joint venture in the Chinese special economic zone of Xiamen. The New China News Agency said Huamei Cigarette Co, in which the zone authorities would be the Chinese partner, would open
      Reuter  -  71 words
    • 375 11 Reuter BELL RESOURCES is to make a proportional offer for 50 per cent of each shareholding in Broken Hill Pty Co under an amended partial takeover bid registered yesterday with the National Companies and Securities Commission (NCSC). The change is in accord with the intent
      Reuter  -  375 words
    • 99 11 Reuter TAIPEI has scrapped a rule requiring all foreign car companies to export a certain number of their cars made in Taiwan. The Economic Ministry said the move cleared the way for a US$l25 million Joint-venture car plant between Toyota Motor Corp oI Japan and three
      Reuter  -  99 words
  • Page 11 Advertisements
    • 537 11 m #03-13 to 03-20 Plaza Singapura (above Yaohan Orchard) S'pore 0923 Tel: *****61. *****45/6 TEOCHEW CUISINE Economical Lunch/Dinner $12 per person Wedding Function $180 per table ft OS w HK DIAN XIN $1.50 per basket Prepared by HK Master Chef m V m m 9 0J [SJ m Wiietfe to
      537 words
    • 209 11 PEKING A SICHUAN RESTAURANT Symbol Ot LOOfIWtY ywi of Abundant* o» SUCCMS TNI Four Happ*"*"* CSS U««U^. HOW** Crf LUC* $608 A bottl• ot Hennessy X.O. Brandy EE! f or every reserved table. Co-sponsored by Riche Monde Pte Ltd. for reservation please Tel *****96 or *****22 em 141 144 19
      209 words

  • RAW MATERIALS
    • 226 12 AFP INDONESIA hopes to export at least 320,000 tonnes of coffee this year, earning US$944 million if the International Coffee Organisation (ICO) suspends its quota system today. The Kompas newspaper last Saturday quoted Dharyono Kertosastro, the chairman of the Indonesian Coffee Exporters Association (AEKI),
      AFP  -  226 words
    • 31 12 AFP ZAIRE exported 2,154,716 carats of diamonds worth U5H6,710,202 in January. Official monthly figures showed the average price was 17.96 per carat. Gold exports totalled 100.184 kg worth $876,596.
      AFP  -  31 words
    • 587 12 Reuter JAPANESE IMPORTS of oil products will exceed expectations during the first quarter of calendar 1986 as some refiners have taken advantage of lower priced products from abroad to boost purchases. Oil industry sources said spot product imports in the first quarter 1986
      Reuter  -  587 words
    • 270 12 Reuter CHINA will remain an aggressive exporter of cotton in 1966, seeking to dispose of a record domestic surplus and offset its record trade deficit. Traders and Western diplomats in Beijing said latest customs figures showed that China exported 219,030 tonnes of cotton in
      Reuter  -  270 words
    • 69 12 Robust a 20/25% FOB NSW 600 00 Nutmeg 110 FOB NSW 711 00 E&W FOB NSW 628 00 Gambier FOB NSW 330 00 London Commodity Exchange Sellers' closing prii ces on Feb 14 (US$/long tonne CIF European ports, unless other* rise stated) Pepper (Sarawak) Faq, spot 6550 White
      69 words
    • 117 12 TIN m the Kuli LamKr Tin Market reee 1.21 to in.» a kg la (airly active trading yesterday. Dealer* expeet prices to held steady araaad this level. The msrke* extended hat week's galas, as seatlmeat was sparred by streag Malaysian haying snppert eeapled with ert lasst market eperators
      117 words
    • 66 12 Bangkok (USl/tomw, FOB) White Rice 100% 1st clou 270 100% 2nd ckrss 245 100% 3rd doss 240 5% 230 10% 225 15% 220 20% 210 25% 200 35% 195 Broken Rice A-1 Super 140 A-l Special 137 C-l Special unq C-1 Ofd unq Loonzoin Rice 100% 1st grade unq
      66 words
    • 87 12 Reuter THAI EXPORTS of kenaf, a Jute-like fibre, fell to 1,767 tonnes in 1985 from 66,906 in 1964, with Australia buying 1,480 tonnes last year. The drop was due mainly to an export ban imposed by the government for one year to last September to help
      Reuter  -  87 words
    • 64 12 Reuter INDIA HAS ISSUED export licences for 229 million kg of tea in Calendar 1985 against 215 million kg exported in 1984. More than 220 million kg were shipped up to endDecember. Tea exports in 1966 are expected at 220 million kg. Output is expected at
      Reuter  -  64 words
    • 572 12 COFFEE Unconfirmed market talk that the new export director of the Brazilian Coffee Institute (IBC) is a coffee broker was the main reason given for the firmer tone of robusta futures yesterday morning. The market ended a quiet session with gains of £22 to £18 a tonne from
      572 words
    • 280 12 SINGAPORE The market closed steady yesterday with March One RSS buyers quoted at 170.00 cents a kg, unchanged from last Friday. The morning session ended steady at overnight levels, after moving uncertainly on short-covering and profit-taking in fairly active trading. Prices were little changed In dull and featureless afternoon
      280 words
    • 281 12 RAS prices m S cants/kg, FOi in 1 wt« NOON CLOSE Int 1 RSS Prompt 170 50 171 50N 169.50 170.50N trrt 1 RSS Mar 86 171.50 172.50 170 00 171 00 Int 1 RSS Apr 86 179 00 179.50 177 50 178 50 Irrt 2 RSS
      281 words
    • 96 12 (cwift/kg, 1-ton ARLS6 (currant month) (forwon i month) NOON NOON RAS Siim Schn SSR 20 174 00 I76.00N ***** 177.00N SSR 50 169 50 171 50N 170 50 172.50N MRELB ferr* g -M Jtufn lwyr» SMR CV 239 00 241 00N 240 00 242 00N SMR L
      96 words
    • 168 12 CRUDE PALM oil prices closed off the day's loan yesterday on late covering interest, after early sentiment was dampened by a weaker Chicago soyoil futures close last Friday. Rejection by India and Pakistan of offers at their palm oil tenders last week also weighed on initial levels. February
      168 words
  • Page 12 Advertisements
    • 266 12 Views from the top Ftee with your B.T. subscription (along with 31 free issues) VIEWS ■"rtTM Establishina FROM the THE TOP Foundatior tor the Future of Business [jc :ic:s D. Dantort! Take out a 12-month subscription to Business Times today, and get this new American business book absolutely free. It
      266 words
    • 140 12 NOTICES PR LID (la VaL PINAL 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 will be held at the office of M/s Wee Seng Tiong ft Co., 1 Colombo Court #07-01/03,
      140 words
    • 140 12 I'M -ijl-. LTD (k VsL li|riMa) phulmbunb NOTICE 18 HEREBY GIVEN pursuant to Bectlon 308 of the Companies Act (Cap. 185) that the Final General Meeting of the Members of the abovenamed Company will be held at the Office of M/s Wee Seng Tlong ft Co., 1 Colombo Court #07-01/03,
      140 words

  • SHARE INFORMATION
    • 4102 13 WITH THE EXCEPTION of Singapore Airlines and a few other blue chips, share prices fell across a broad front on profit-taking and some amount of forced selling. Malaysian stocks in particular bore the brunt of the selling which was fairly rampant at the stock market
      4,102 words
    • 251 13 SINGAPORE Rises S 1 A 62S N S T 570 O C 0 C 720 Sm*«M»H 290 fetioco 176 WMHMS 256 Soar* Umi 248 H LMH Fm 215 B A T 156 U 1C 130 Falls 0 1 S 400 Guiti 402 U# 141 M >«■■■»■» 560
      251 words
    • 2560 13 BID and offer prices officially Usted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'.
      2,560 words
  • Page 13 Advertisements
    • 32 13 KL market report, Dmin—> dono on tho KLBE, Pago U M onagers ust anage BT shows you how every Monday. Air freight is faster Our coverage is better In BT every Friday.
      32 words

  • COMPANY NEWS
    • 1487 14  -  New management's austerity drive paying off By RAMESH CHANDIRAMANI TUAN SING HOLDINGS, controlled by businessman Mr Lim Tjoen Kong, is still suffering from the after effects of its takeover of SPP Ltd. But attempts made by its management at sorting out the problems are
      1,487 words
    • 637 14 SHARE PRICES came under fresh selling pressure on the Kuala Lumpur stock market yesterday but managed to stage a slight recovery towards the close to finish off their lowest levels. Sellers moved in at the opening bell on rumours that another Singaporebased
      637 words
    • 5 14 All tunc htgfc
      5 words
    • 268 14 Monogerj' prices for Feb 18 Singapore Unit Trust The Commerce 0 85 090 The Savmgs Fund 0 77 0 82 S'pore Prog Fund 0 34 036 S'pore Sec Fund 0 55 058 S'pore Invest Fund 0 49 052 S'pore Equity Fund 0 39 042 Asia Unit Trust Mot
      268 words
    • 296 14 Bernama THE KUALA LUMPUR Stock Exchange (KLSE) will resume trading on ready delivery basis from Monday, Feb 24, chairmen Nik Mohamed Din Datuk Nik Yusoff announced. With the resumption of ready basis, the imposition of immediate delivery basis will be lifted. Mr
      Bernama  -  296 words
    • 2414 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number oI shares traded shown in brackets in lots of 1,000 units unless otherwise specified. lOUSTIMLS Apnomoto (3.005) A Choc <2 04 2.255) AMD (3
      2,414 words
    • 59 14 NEW 8TBAIT8 TIMES Pim BerM: 14th AGM at the Theatrette, Balai Berita, 31 Jalan Riong, Kuala Lumpur on Saturday, Feb 22, at 11.00 am. KAMUNT1NG TIN Dradglag (M) Berhad: 8th AGM at Conference Room, Malaysia Mining Corporation Berhad, 39th Floor, Menara PNB, 201 A, Jalan Tun Razak, *****
      59 words
    • 391 15 TAN KOK LIANG, who will be the prosecution witness against Malaysian businessman/politician Tan Koon Swan, is facing a civil action from Banque Indosuez. The French bank is claiming $347,647.96 plus interest at 2 per cent above the prime rate with effect from Jan
      391 words
    • 488 15 DATUK MAK KOK's lawyers are understood to have served notice on Promet chief executive and managing director Datuk Brian Chang, requesting that he file his defence on Datuk Mak's writ by today. The notice, served last Saturday on Datuk Chang's solicitors, asked
      488 words
    • 168 15 Bernama TOSHBAR CORPORATION Bhd (TCB) is acquiring a four-storey flatted factory in Petaling Jaya, Selangor, from Scientex Sdn Bhd (SSB) for Ms 24 million in cash. In a statement to the Kuala Lumpur Stock Exchange, its adviser, D A C Nomura merchant bankers said
      Bernama  -  168 words
    • 145 15 TAT t.F!K BANK'S fully-owned subsidiary, Tat Lee Insurance, has issued 2.5 million shares of $1 each to the bank at par on Feb 15, increasing the insurance company's issued and paid-up capital from $5 million to $7.5 million. The capital injection is aimed at increasing its working capital.
      145 words
    • 236 15 Lyall Evatt held meeting with bankers yesterday STOCKBROKING ftRM Lyall A Evatt met its bankers yesterday amid rumours that a creditor bank had cancelled credit lines to the brokerage house. A senior stockbroker at Lyall Evatt denied before the meeting at 4pm that any bank had pulled out. The outcome
      236 words
    • 328 15 SAMANDA HOLDINGS BHD is proposing to acquire one of Ganda Holding's subsidiaries for more than Ms 6 million cash. Samanda, which only recently bought 5.2 per cent of Ganda, said it will purchase all of Ganda's 62.6 per cent holding in Central Industrial
      328 words
    • 473 15  -  By RAMESH CHANDIRAMANI DBS BANK has beaten its other rival Big Four local banks in gaining admission into the stockbroking fraternity at the Stock Exchange of Singapore. Starting tomorrow, DBS Securities Singapore Pte Ltd, a wholly-owned stockbroking unit of the parent bank, will
      473 words
    • 475 15 MALAYSIA MINING Corporation, hard-hit by the tin crisis, is negotiating to sell its strategic stakes in two publicly-listed tin companies Kamunting Tin Dredging (M) Bhd and Aokam Tin Bhd. In the case of Kamunting, talks with Emzek Holdings Sdn Bhd,
      475 words
  • Page 14 Advertisements
    • 44 14 1 MEET YOUR BUYERS SELLERS at 1 I mm Organizer: SINOCHEMW^ CHINA NATIONAL CHEMICALS IMPORT EXPORT CORP. Date: 17-28 FEBRUARY 1986 Venue: LEVEL 3, HILTON INTERNATIONAL SINGAPORE Enquiries, call: SINOCHEM (SINGAPORE) REPRESENTATIVE OFFICE 50, RAFFLES PLACE #22-06 A SHELL TOWER SINGAPORE 0104 TEL: *****66
      44 words

  • Page 15 Advertisements
    • 173 15 Selling to one billion begins with 660,000. INTERNATIONAL TRADE NEWS Singapore Supplements Two Three Securing business in China greatly depends on how well their decision-makers know about you. International Trade News (UN) can be your communication link with 660,000 Chinese policy makers and senior officials. This influential business newspaper is
      173 words
    • 746 15 CR OR MANAGEMENT THE 1986 CONFERENCE ON SINGAPORE COMPANY, INSOLVENCY AND BANKRUPTCY LAWS 27 28 FEBRUARY 1986 4. rBST bESC of OUWAON 0F cOBPO RATe BUSINESS TIMES Mafor reforms expected next ye* Bankruptcy law being reviewed, says Dr Hu MAJOR REFORMS la Stafm da MM protect cr*dltor« from «r parity
      746 words

  • 477 16  -  By BRIAN GOMEZ A FORMER DIRECTOR of the US Central Intelligence Agency (CIA), Mr William E Colby, has said he does not see the current political turmoil leading to a communist victory in the Philippines. "The Philippines will revert to a political system that's
    477 words
  • 139 16 AP CHIANG HSIAO-WU, the 40-year-old son of Taiwan's President Chiang Ching-Kuo, will be assigned to the country's trade mission in Singapore, according to a Taiwanese newspaper. Both the Foreign Ministry and the official Broadcasting Corporation of China, where the younger Chiang
    AP  -  139 words
  • 225 16 AN AMERICAN consultant on telecommunications, who also advises on the American "Star Wars" programme, hopes to tie up some deals in Singapore in the next few months. Mr Ron Frankum, a former deputy science adviser to President Ronald Reagan and the current president of
    225 words
  • 232 16 Reuter AFP THE PHILIPPINE central bank has raised interest rates on its certificates of deposit to between 28 per cent and 30 per cent from the present 19 per cent to 21.5 per cent to mop up an excess of 9.8 billion
    Reuter; AFP  -  232 words
  • 119 16 MALAYSIAN Finance Minister Daim Zainuddin will resume talks with Japanese government officials and bankers in Kuala Lumpur today on the servicing of yen credits following the appreciation in value of the Japanese currency. Similar talks were held last week during his visit
    119 words
  • 221 16 A TIMELY SHIFT of emphasis from the traditional syndicated loan business to capital market operations has enabled Commerzbank (South East Asia) to chalk up an impressive 45 per cent rise in after-tax profits to $12.8 million last year. Mr Klaus Patig, the managing
    221 words
  • 46 16 Bernama THE MALAYSIAN Parliament will debate a White Paper on the final report of the BMF committee of inquiry on March 11 and 12. Meanwhile, Singapore lawyer Francis Seow has been admitted to the KL High Court to cross examine witnesses. Bernama
    Bernama  -  46 words
  • 80 16 MR LEE YING CHEUN, the deputy chief executive officer of the Trade Development Board (TDB), will soon move to Beijing as the commercial representative there. Mr Lee, 45, will leave for Beijing on February 25, and will be there for at least one
    80 words
  • 364 16 SINGAPORE AND CHINA last night signed a five-year agreement to promote tourism, setting their seals on mutual efforts to promote this foreign-ex-change earner. The agreement, which encompasses a strategic plan aimed at tapping tourists from each other's country and elsewhere, comes into immediate
    364 words
  • 68 16 Reuter A UNITED NATIONS official has urged Africa to learn from India and China in boosting food production and said that food aid from rich countries must stop. Alain Vidal-Naquet of the World Food Council yesterday said that Africa had replaced Asia as the
    Reuter  -  68 words
  • 66 16 Reuter THE US expects to sign an accord on West German participation in its "Star Wars" programme by mid-March and agreements with three other countries are likely to follow. US Under-Secretary of State William Schneider told a conference of British industrialists yesterday that the additional accords
    Reuter  -  66 words
  • LATE FILE
    • 41 16 AP A SOVIET-MADE aircraft yesterday bombed the airport in N'Djamena, the capital of Chad. The airport was only slightly damaged and nobody was injured in the attack by the Tupolev-22, said the French Defence Ministry. AP
      AP  -  41 words
    • 37 16 Reuter AT LEAST six Israeli soldiers were killed or wounded in South Lebanon and an Israeli strike force came under fire from UN peacekeeping troops, said security sources in Beirut yesterday.
      Reuter  -  37 words
    • 34 16 Reuter THE State Prosecutors' Office in Coblenz said yesterday it was taking legal proceedings against Chancellor Helmut Kohl over claims that he gave false testimony to a corruption inquiry. Reuter
      Reuter  -  34 words
    • 35 16 UPI IRAQ said it reclaimed the port of Faw from Iranian troops last Sunday in savage fighting that both Teheran and Baghdad said littered the ground with thousands of bodies.
      UPI  -  35 words
    • 36 16 AFP INDONESIAN Foreign Minister Mochtar Kusumaatmadja said in Tokyo yesterday he would visit Hanoi shortly for talks with his Vietnamese counterpart Nguyen Co Thatch aimed at settling the Cambodian problem. AFP
      AFP  -  36 words
    • 35 16 Reuter BRITAIN has decided to break a diplomatic deadlock with Argentina by agreeing to an official meeting with a delegation of Argentine congressmen, official sources said yesterday. Reuter
      Reuter  -  35 words
  • Page 16 Advertisements
    • 487 16 Preparing Training Material r Singapore, April 14 —18,1986 Many training staff wish and need to create purpose ot trainii their own exercise training material for use By the end of the either by themselves and/or their own trainers, will be able to pi They are often inhibited from doing so
      487 words
    • 206 16 Yi r r <y *V> r/j <y> r _r* <t> 'V' ~1 '-»<» r .v> <>> iV ,«> o> r <* «> <•> L $<» *-<*' "> Y *»iS y <l .s ,r '±oT<\y <i< >^ > iv"» T <'>There are 10,000 of them J waiting for you o% show
      206 words
  • Page 16 Miscellaneous
    • 58 16 vmfim Outlook for today: Showers over several areas in the late afternoon and early evening Report for 24 hours prior to 7 30pm on Feb 17 at the oirport: Maximum temperature 32.2 Associated humidity 58 Minimum temperature 23.4 Associated humidity 96 Hours of sunshine 5.05 Rainfall in millimetres nil Roinfall
      58 words

  • SHIPPING TIMES
    • 405 17  -  By G DURAIRAJ THE PORT KELANG Container Terminal is expected to be handed over to a private operator on March 17. From that date, Kelang Container Terminal Sdn Bhd (KCT) will take over the management and operation of
      405 words
    • 234 17 Reuter NAKAMURA STEAMSHIP Co Ltd, a mediumsized shipping company owned 44 per cent by Sankyu Inc, plans to file for court protection under Japan's bankruptcy laws. Nakamura Steamship operates a fleet of 78 bulk carriers, of which five are owned by the company, a
      Reuter  -  234 words
    • 122 17 IN AN ATTEMPT to widen its cargo base for its trans-Pacific services to the sub-continent, "K" Line has entered into a slot charter agreement with Neptune Orient Lines. It is believed that under the agreement, the Japanese carrier will not charter a
      122 words
    • PORT SIDES
      • 119 17 BHP TRANSPORT plans to maintain a bulk fleet of no more than 15 ships even with the addition of its new bulk ships. The Iron Newcastle has joined the fleet while the Iron Kembla and the Iron Pacific will be delivered to BHP shortly. The
        119 words
      • 55 17 JEBSEN LINE is using the facilities of Ocan Terminal Hongkong for loading and discharging operation for its Hongkong-Papua New Guinea-New Zealand service. The new arrangement would speed up operations considerably, said Jebsen Line's Hongkong agents, Sime Darby Shipping (Hongkong). Formerly cargo operations at Hongkong were carried out
        55 words
    • 1015 18 CHARTERING on the london freight market ended the week on Friday on a very quiet note. With few major bulker routes represented, any further rate change was difficult to detect. However, stability prevailed on the US Gulf-Japan grain voyage for which NBC paid an unchanged U5510.75 (fio) to
      1,015 words
    • 683 18 Reuter AP MORE THAN 700 people, including hundreds of elderly tourists, were plucked to safety in an all-night rescue operation when a Soviet cruise liner rammed a reef and sank. Rescue officials said all 409 passengers, mostly Australian, and all but one of
      Reuter; AP  -  683 words
    • 156 18 A SELF-UNLOADING bulk ship owned by Australian National Line, the River Torrens, has been battling delaying bans by stevedoring unions soon after its arrival on the Australian coast last July. When the 31,921-dwt ship the former 27,500dwt Selwyn Range first arrived, members of stevedoring
      156 words
    • 626 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III I Bait-Canada Line VII 4/5 Bait-Orient Line VI 4/5 Bank Line V 5 BBS N 4/5 Ben Line Cont
      626 words
    • 673 18 AP RESEARCHERS WHO found the wreck of the Titanic are planning a return expedition for a closer look at the sunken liner, whose discovery tapped a mine of public sentiment. Robert Ballard, 41, the Woods Hole Oceanographic Institute marine
      AP  -  673 words
    • 229 19 OPERATORS OF refrigerated cargo ships are set to have their best peak season for three years as modern spot market tonnage becomes increasingly hard to find. Early peak season fixtures suggest that last year's top spot market rate of 70 cents per cu
      229 words
    • 417 19 Lloyd's List TANKER OWNERS have offered to make huge sums available for compensation in marine oil pollution cases as much as US$6O million per incident involving a supertanker in a bid to defeat a rival scheme. This would give immediate effect to the higher
      Lloyd's List  -  417 words
    • 300 19 THE AUTHOR OF the best book manuscript on the maritime industries and their service sectors stand to win an award worth Swiss Francs 15,000. The biennial prize is sponsored by the Baltic and International Maritime Council (Bimco) and Lloyd's List. The successful
      300 words
    • 201 19 FT UNION LEADERS in the UK shipbuilding industry will try to co-ordinate bargaining in the privatised warship yards once they are sold by British Shipbuilders. Under the privatisation programme, there will be about 20,000 workers employed by several companies, including GEC, which has acquired
      FT  -  201 words
    • 70 19 Reuter MORE THAN 200 people were listed as missing and police said many were feared dead after a motor launch capsized and sank in a river collision. Police said visibility was poor on the Rupsa river near the southern port of Khulna when the launch overturned after
      Reuter  -  70 words
    • 125 19 AP NISSHO-IWAI, a leading Japanese trading company, will withdraw from the marine shipping business, the company announced friday. The company plans to sell all 19 bulk carriers that it currently operates by the end of March, company officials said. They said an additional 10 ships
      AP  -  125 words
    • 778 21 F*b 18 Lecture. "Latest development of the Soviet navy," by Dr Jeffrey Till, organised by Nautical Institute (Avon branch), 1900 hours, Room 222, Empire Hotel, Bath. Fato 18 Lecture "The Channel tunnel" by an executive of the Channel Tunnel Group, organised by Nautical Institute (Dover branch), 1930 hours,
      778 words
    • 189 21 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.
      189 words
    • 6041 24 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 Singapore.
      6,041 words
    • 696 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location TW Bridge 28E 18 2.86 1600 Kawasaki Fl 0700-0800/0700-0800 B3/F3 B Permai 01E 18.2.86 1700 Ned-EAC F7 0800-0900/0700-0800 P4/S4 Qtuhe 9E 18.2 86 1800 Y Fung Fl
      696 words
    • 1665 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises ft* Ltd Some (S) AB Sfeppmg Bousteod Shpg Agencies Afeo Lin* Africon Shpg Agencies (S). Ahrenkiel Ln*f Ken Shpg (S) Alfred C Toepfer Oceonus Sh*>p<ngAgenoes (S) Muthport Sdn Bhd (PK) Amaricon
      1,665 words
    • 330 26 AFP DEMAND for tonnage was at a very low level last week after more than three weeks of crude oil price uncertainty. Japanese refiners continued to refrain from spot purchases of Middle Eastern crudes, but they covered a VLCC cargo from the North Sea at an undisclosed rate.
      AFP  -  330 words
    • 558 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 18.2 86/1830 Boiyinshon K35 PIL alongside Intonin K18 Leo Shpg alongside 18.2.86/1800 Trans Hav K9 Barber alongside 18.2.86/0600 Al Mubarakiah K12 J Manners 18.2.86/0700 20.2 86/0600 Equator 3 K22 Thong Soon 18.2.86/0700 19.2 86/0700 E'ern Harmony K10
      558 words
  • Page 17 Advertisements
    • 885 17 hi Search of EXCELLENCE. (cAV'b I l\\<t l\;,>; .yv> j» v<V r> <0* This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense ra THE BOOKSHOP m Agents mdk swrwe agenccs on *> "2*4/ on) 70 Shenton
      885 words
    • 78 17 MORE THAN 700 people, including hundreds of elderly tourists, were plucked to safety in an all-night rescue operation when a Soviet cruise liner rammed a reef and sank. P«g« II TANKER OWNERS hove offered to moke huge sums available for compensation in marine oil pollution cases as much as US$6O
      78 words
    • 794 17 BALT-ORIENT LINE Baltic Shipping Co Refular Services from South East Asia to United Ki*dom and nonn uononem* rorts Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE Voy S' pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA 6 ASIA i fcipi Qeung Tan a M/iisoo HE CfS
      794 words

  • Page 18 Advertisements
    • 511 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Fttd* M mm anTH RB MX FAMLT ACE glort MX Pacific South Waat Pacific North Waat Foodor at Tokyo Faador at Kobo va u/u om mm* n »i n aaJHBM 22/3 2S/J L HIMMX 24/3 25/3 J. MUO 29/3 1/4 ft. BBS 2/4
      511 words
    • 286 18 Supercarrier Service NEXT ARRIVALS TOURCONC 25/2, BAfSfR TOBA 7/3, BA/B9CR TAMPA 27/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA I'., 3/4 5/4 13/4 15/4 3/5 5/5 13/5 15/5 7/4 1/4 15/4 17/4 »/4 7/5 1/5 13/5 17/5 11/5 Mm Kcqrtnc canto to Hgutan (MB). S. Franca. (MM SMta
      286 words

  • Page 19 Advertisements
    • 795 19 The Straits Steamship Group OC!L Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINtRSHIP SERVICE TO UK CONTINENT KOMOQN MY anvnai unroa ut ROMOORMT an or hmw n/5 n Abo Accepting Cor go For: Slat M>n 13/3 15/3 25/3 n/3 31/3
      795 words
    • 494 19 Vw K i KAWASAKI KISEN KAISHA. LTD. sail for WEST ASIA v y' COMMENCING "N. BERYL" V0Y.12 WEST ASIA EASTBOUND Karachi 17 Feb Bombay 21 Feb Madras 26 Feb WESTBOUND Karachi 12 Mar Bombay 15 Mar Madras 21 Mar WE STRIVE TO SERVE YOU BETTER For further details, please call:
      494 words

  • Page 20 Advertisements
    • 709 20 J u Hapag-Lloyd 10 CONTINENT/UK EXPORTS On carriage to Scamfnavia, Med. Cambean IS. America Mand haulage to inland destinations in Europe FROM N CONTINENT.* UK IMPORTS Aasnts BEGANI Sn( apart *****CS K. l«pr *****25/S/l. *****19, 733x34) M* *****71 P. KriMC *****1 FrafcM *****00 CFS *****1 M CfS *****41 fmm $*****,*****2
      709 words
    • 493 20 /jfjf Hai Sun Hup Co (Pte) Ltd m TEL *****06 (20 Lines) TLX RS ***** RS ***** INTERMARITIME LTD K Kiubjki (Sub Aprf) Tat 221SW Jak*ta (Sub Afoul) T«fc (***** REUNION/SOUTH AFRICA SERVICE v un pi n i« k a h ct M 7 1/) 5/3 1/3 13/3 23/3 25/3
      493 words
    • 332 20 r EVERGREEN -Full Container Service Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST ALSO ACCEPTRK CARGO TO: 1) LONG KMX OKLAM). SM DKSO NCMMM. STOCKTON AIDED*. I 2) ATLANTA. ORCAGO. KANSAS CfTT. OAUAS. DEMO. I OTIO MAJOR I 3) MEN TOW, BOSTON CHARLESTON ETC NA MHM i an. uaumro. tacoma. low
      332 words
    • 146 20 US I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE n*m f Lh*| tar KYOWA BREEZE 5/3 Jafa, Lat, fMmttbf, Honiara. Kreta, Rabari Oceania Queen 10/3 JKT, Wmak, M*ta(, I*. f. Moresby, IMara. Kreta, Rabad m SUN UNION LINE cTAIYO MARINE LINE WEST AUSTRALIA SERVICE VSL PT
      146 words

  • Page 21 Advertisements
    • 278 21 AUSTASIA LINE AM) MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH A PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN A LYTTELTON, INVERCARGIL A FIJI STOK AGENTS: MEMJOM MUPTOM AGENCY PTE LTD.
      278 words
    • 124 21 \,Z> THONG SOON AGENCIES PTE. LTD. #09-07. Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI mmnm SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Voy. I S'pore I Bangkok Ss3
      124 words
    • 757 21 BENLINE CONTAINERS EXPRESS COHTARO SERVICE TO UK/CONTWENT EXPRESS COHTMO SERVICE FROM UK/CONTMENT »r faM Saßad TNoa Ejpmt bM faM Kaaatara Hn bM faM Oiaka 19/2 21/2 I Bit a/2 26/2 27/2 1/3 m VI 7/3 1/3 11/3 by l«/ 3 16/3 17/3 19/3 Eapran 20/3 21/3 22/3 24/3 WC. TIM
      757 words
    • 410 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF L A ar' •ffnt' Swifapor* EKA JAYA AGENCIES *****? »*rrranai .MKbB4 SISAf PTE LTD Tft 2f,??\ r 4USg/P* >g*M3 CHINA OCEAN SHIPPING COMPANY TV.» 3.11 r Mmi PJQi FN* Um| tar bM kM 24/2 m* l* Hw| Ita I'M* 7/1 24/3 Jl/J 2/4 4/4 PU|
      410 words
    • 275 21 BOUSTEAD SHIPPING AGENCIES m Pa-w V9IW Bassdn V74W Pafaa VM* Htomywa V2O9N BURMA FIVE STAR (Burmese National Line) loadnf for Rangoon Sparc r Art** N to Part/11 FM 21/22 Fa* 22/24 Fife 5/7 MM \j& BANK LINE aioa t',>a<»Mi :C/K» SPORE R'DAM HULL HA •CRESTBANK 24 Feb FORTHBAHK 29 Mor
      275 words

  • Page 22 Advertisements
    • 1372 22 K LINE ECUADOR/PERU/CHILE KAWASAKI KISEN KAISHA. LTD. 1 feeder m FREMANTLE BRCGE MBS VIS MOTIO VSI IMV& spok pkig png spok meon guayaqimcauao moca iguguc afagast* s wtomo «*bo UFA IS FA 2D FA 22 fib, 7 Mar 27 Apr 30 Dpi 5 Mil S Miy 7 May 10 May
      1,372 words
    • 645 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accapttng FCL/FCL Contataar* Ftedtr P Ktiaflf Ino Vnid Sport Molt Frm S|Ai too *ecM»» CHAIMMS 20 Fok 7Mb It Mb 14 Mb MM* CM.MM 22 Fok "KAMOU IIH. 3 Apr IS Apr 11 Apr IH/M nnarra 11 Mb haabas 12 Apr 77 1 Mr, «m», ma/r*
      645 words
    • 514 22 GOLDEN LINE GUAN GUM) SHPPSK (PIE) LID 23. Ttat kym Maat murm mm m uom <m udi STRAITS/PERSIAN GULF SERVICE: GQUO aOMB Cataata/karacto/NaKat/Datai It ftfe QOUOI an C<ta«to»/Ur»cto/ltotai/tato»« n/H rnm CMNA OCEAN SHPPW6 CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA PJSLM6 to Part fU| fwM| Ipn Indi Star)* (mm Iml
      514 words
    • 366 22 INTRASEA (PTE) LTD 10 Anson H ).j(t "J! If- Internet, s nqjpo.* f>?o7 Tp, 2,'4t>Sll L -n.-s' o BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD T f L 188.?? (8 I IMFS| TFLtX RS ?87?0 PHIL I ■•¥>. SINO EXPRESS LINE V CHWA APPROVED CAWn SEL 1 21/2.
      366 words

  • Page 23 Advertisements
    • 686 23 NOL NEPTUNE ORIENT LINES LTD Afents S port NEPTUNE AGENCIS PTE. LTD Tel Hi oHict Termevil CFS BOOKOttS *****77 Fl 01/MKT TPA/SIA *****77 *****22 *****53 OK OKCI L*S *****53 ******2 J Balm HARPER (MA SON. BHD. 2XIOO f fi«>t HARPER MRA SDN. BH> *****1 *****1 f j*,a HARPER NWA SON.
      686 words
    • 342 23 NIPttINI AGINCIfS Pll I If) W ?11<WU ?;*S4»4 Bookingsl ???7SIO ??1?0,V i Operations! '.'Ot/H vn.'-'O ."n/so* iciSi Ml, »<M» 1 4WIS MINIS SI ll* SDN BHO *i ih PH In WSM PIN M ih/t/S s vv CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE TO COLOMBO ARABIAN
      342 words
    • 570 23 ff SNSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULWNG 55, Market Street Sinfapore 0104 Telephone Number* *****3 (15 Lnes) Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS ***** P. KELANG POMNC M/S SHARKAT NAM SOON SON BM>. IST ANO 2NO FLOOR. MESSRS HAI THONG SHPPVK 127
      570 words
    • 75 23 K&S LINE JAPAN STRAITS SERVICE 37 SANKYO LINE (S) PTE. LTD. SomsrMt Road «06-01 Ng T«cw Yh»« Qldg S por* 0923 T#l 235 8444 (4 llnwa) Tort ip} Pm.i c .h«pp«r»f Sri Hhfj K !r.jns(*nrt M T*> P.imt (njd.ing Matavvjn Shtpp«rg Agprv if\ S(tn Rh I*l 0 SHWO i |Tl
      75 words

  • Page 24 Advertisements
    • 375 24 REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) SEA DRAGON PIYA BHUM SEA FORTUNE HTA BHUM SEA FORTUNE TO SOUTH THAILAND (FORTNIGHTLY) uw.'l'l:!! m/iiTaic^TTnTTir^itanTTi r" i i> ■r^rrwi MALACCA STRAITS lEjTII *****; SERVICE (WEEKLY) B i j io ni n bm MiBB rar^il Also jcceptinf LCI (tr; and lacaO '<*
      375 words
  • Page 24 Miscellaneous
    • 165 24 Regional Weather U s ft n <? t M 2 «L a IV 1 05 i* £V<»afcV i rv SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature c A Weather Wind direction with speed m t Ra,n Wave height Cloudy Sky Surface winds ore
      165 words

  • Page 25 Advertisements
    • 43 25 FAR EAST/EUROPE CONTAINER SERVICE STRAITS/TAIWAN/JAPAN CONTAINER SERVICE a SEA /AUSTRALIA CONTAINER SERVICE i I' PENINSULAR SAB AH/SARAWAK/BRUNEI SERVICES l.» .111 ETA lETD ETA ETC ETA OI3Z EZ3 l',U V.'H I. "I 1 U-„'t ,'t A Lv'/ MISC BULK TIMBER SERVICE 11"? i .TTTwrimLLLiME—
      43 words
    • 38 25 COLUMBUS I INF REEDIRFI GMBH FXPRfSS Sf Ml CONIAINFR SfRVICI 10 HUlt ROTTFRDAM HAMBIIRT, HAI FENG MARINE PTE. LTD. T«l: *****00 (7 LINES) LOADING FOR ZHANJUNG, GUANGZHOU. HUAHGPU, HOHGKOH6, SHEKOU SHANGHAI Vessel ETA ETD MMG XMG 20/2 23/2
      38 words
    • 104 25 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) SMGAPORE 1) MARSEILLES 2) ROTTERDAM 3) LONDON 4) HAMBURG B HmaJHi H D*#m/0M B Sata/B7C I TO RED SEA-MEDITERRANEAN CASABLANCA TO HONG KONG-TAIWAN-JAPAN FEEDER VESSEL PENANG P. KELANG VESSEL SINGAPORE I HONG KONG 14/2 K MA/845 25/2J IBM/155 28/2 H 11/Jt 8 «i/875
      104 words

  • Page 26 Advertisements
    • 37 26 SHIPPINC (S) PTE LTD WEEKLY LCL/FCL TO AUSTRALIA HK/Bkk (Adel, Melb, Syd, Bris, Fmtle) Ito occcpt LCL/FCL to ortwr P««tiwot>ow. 24 Pasif Panjang Rd #05-35 PSA Multi-Storey Complex (0511) Tel *****88/9, *****23 *****96 Tlx: ***** A/B NCSIN
      37 words
    • 297 26 Xr r w Mitsui OS K Lines Ltd r A A CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO t EAST AFRICA APOLLO PEAK BRAVE SPIRIT MORNING GRACE GLORY PEAK WEST AFRICA ALTAI MARU NED COLOMBO OSAKA MARU HAYAKAWA MARU 25 Feb Port Louis. Reunion 8 Mar Mombasa, Daressalaam, Tanga Nacala. Beira 15 Mar Mombasa,
      297 words