The Business Times, 19 February 1986
1986-02-19
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The Business Times
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Title Section12 1986-02-19 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, FEBRUARY IS, 198€ 75 CENTS12 words
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562 1986-02-19 1 LOH HUI YIN - ECONOMIC COMMITTEE REPORT By LOH HUI YIN THE FURTHER USE of tax incentives to encourage investment in the manufacturing industry has been proposed by the Economic Committee in the final stage of its report published yesterday. But the human factor through562 words
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184 1986-02-19 1 Bernama MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday said that Malaysia had no ambition of becoming a military power in South-east Asia and hoped other countries in the region, too, did not have such plans. He said: "Malaysia wouldBernama - 184 words
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Article, Illustration391 1986-02-19 1 CHINA IS PLANNING to speed up development proposals with Singapore in the areas of urban planning, public works and public housing. Chinese State Councillor Gu Mu said yesterday that concrete cooperation between the two countries would be made as soon as possible. He said that391 words
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528 1986-02-19 1 BOEY KIT YIN - Flow represents 14pc of foreign investment in the country By BOEY KIT YIN MORE THAN Ass.l BILLION worth of investments worth 557.6 billion at today's exchange rate flowed from Singapore to Australia in the five-year period ending June 1984. This was 14528 words
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447 1986-02-19 1 JEFFREY TSANG - By JEFFREY TSANG ATLAS SOUND, one of the largest vendors of stereo equipment, is winding up voluntarily after 21 years of business. The company, which had three stores in Singapore and one each in Malaysia and Indonesia at its height in 1961, has447 words
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Article, Illustration87 1986-02-19 1 THE STOCK MARKET recovered Ust ground yesterday m iivecton wort m a hargala hunt fer shares which were attractively-priced alter Meadfty's fall. Certain Malaysian eesaters elwei with geed galas while Singapore Airlines ud ether leeal favsarltes ceatiaaed to advaaee. The Straits Times ladastrial Index finished 3.5* petats higher87 words
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88 1986-02-19 1 AP THE US CONGRESS "simply cannot tolerate" the growing trade imbalance with Japan any longer and will probably pass protectionist legislation in autumn, a Congressional delegation said in Tokyo yesterday. Similar warnings have been sounded before, members said, but this time the dangerAP - 88 words
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Page 1 Advertisements
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Advertisement126 1986-02-19 1 Cahners Exposition Group CEG The Exhibition People IBS Executive Loan IBS offers you a flexible loan programme which can turn your plans into reality. It covers everything from setting up a professional practice to ceremonial expenses to education costs. Loan quantum: $5,500 to $40,000 Repayment period: 12, 18, 24, 30,126 words
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Advertisement7 1986-02-19 1 More stories, Page 3 Letter, Page 87 words
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Advertisement266 1986-02-19 1 Changes on Sealion board MAJOR board changes are imminent at Sealion Hotels Ltd, the owner and operator of the Hyatt Regency in Scotts Road. There is also talk of new equity. Story on Page 15 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV ft RADIO DOONESBURY BRISTOW OUR266 words
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Advertisement12 1986-02-19 1 Full report, Pag* 13 Inti stocks, Pago 10 Asian stocks, Pago 1112 words
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Advertisement81 1986-02-19 1 Cahners Exposition Group I CIG The Exhibition People The Good Life.. ataGood Price Apartment life is comfortable and carefree at The Plaza Service Apartments. One- and two-bedroom apartments Fully furnished and air-conditioned Full domestic housekeeping services Free recreation club membership Seven restaurants In-house bank and department store Free parking Convenient81 words
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HOME NEWS
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561 1986-02-19 2 GOH YEE LING - By GOH YEE LING SOME STUDIOS producing television and radio advertisements are unhappy about what they say is unfair competition from the Singapore Broadcasting Corporation (SBC). Suffering from 10 to 50 per cent falls in revenue last year from 1984, the commercial production561 words
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Article260 1986-02-19 2 THE TWO OPPOSITION Members of Parliament, Mr Chiam See Tong and Mr JB Jeyaretnam, have submitted six questions for oral answers and another four for written replies at the next parliamentary sitting. Mr Chiam, the Member of Parliament for Potong Pasir, will ask the Minister for260 words
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325 1986-02-19 2 AMY BALAN - By AMY BALAN SEVERAL PARTICIPANTS in the cashless payment scheme are a «icing for more terminals. Also, jewellers are interested in having the terminals installed. So far, Poh Heng is the only jeweller linked to the Electronic Funds Transfer at Point of Sale325 words
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202 1986-02-19 2 SCHOLARSHIPS for full-time MBA (Master of Business Administration) students at the National University of Singapore are now available, thanks to the Institute of Banking and Finance (IBF). IBF vice-chairman Mr Richard Ng yesterday presented a cheque of $200,000 to Associate Professor Tan Chwee Huat,202 words
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138 1986-02-19 2 THE CONSUMER price index in January this year rose 0.2 per cent compared with the same month last year. This widely used indicator of inflation stood at 103.4 in January. During the same month, the drop in prices of food, clothing and housing138 words
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Article, Illustration229 1986-02-19 2 FIFTEEN pedestrian crossings will be equipped with new so-lar-powered beacons. Forty of such beacons were purchased by the Public Works Department and will be installed at 15 crossings located around the island. These beacons, which store solar energy to enable them to flash continuously through229 words
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415 1986-02-19 2 PRESIDENT Wee Kim Wee expressed confidence yesterday that links between Malta and Singapore could be expanded to mutual advantage, especially in trade. "Singapore Airlines's weekly flights to Malta have brought Singapore and Malta closer together," said President Wee last night. "Trade between415 words
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Article84 1986-02-19 2 MARKET LEADER Esso Gas is to cut the retail price of liquefied petroleum gas (LPG) today. Esso controls about 60 per cent of the monthly sales of about 300,000 domestic cylinders, a market valued at about $70 million annually. An Esso spokesman said all84 words
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374 1986-02-19 3 MEASURES are needed to develop Singapore into a "free trade city" which, with the push to make it an international cargo city, should increase trade. The two complementary ideas were suggested in the Economic Committee's sectoral reviews on international trade and services,374 words
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423 1986-02-19 3 SINGAPORE should strive to become a premier financial centre the Switzerland of Asia for risk management, fund and capital markets in the next 10 years. The opening of the Tokyo and Australian offshore markets presented opportunities for Singapore to become a 24-hour423 words
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307 1986-02-19 3 FOO CHOY PENG - ECONOMIC COMMITTEE REPORT By FOO CHOY PENG SINGAPORE'S target of five million visitors a year in 1990 is unlikely to be achieved. More likely, the figure will be four million tourists. Tourism has done badly in the past few years compared with the 1970s307 words
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Article416 1986-02-19 3 THE ECONOMIC COMMITTEE has singled out third-country trade as the growth area for the wholesale industry in its analysis of Singapore's commerce sector. A reduced tax rate of 10 per cent has already been proposed to stimulate what is essentially entrepot trade. But the Committee416 words
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241 1986-02-19 3 UNITED, Singapore's construction companies would stand a much better chance of obtaining overseas contracts and countering the slowdown in the home market, concludes the Economic Committee. As the home construction sector is unlikely to equal its previous rate of growth, surplus capacity241 words
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Page 2 Advertisements
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Advertisement117 1986-02-19 2 Hotels Worldwide Call Kuala Lumpur Bangkok Hong Kong Fiji Sydney Melbourne New York City Chicago Albuquerque Auckland London Dusseldorf Okinawa Los Angeles OPENING SOON Penang Taipei REGENT INTERNATIONAL HOTELS Sales Reservations Office: 230 Orchard Road #07-230 Faber House. Singapore 0923. Tlx: REGTEL RS *****. AND AFTER. With TruVision lenses, not117 words
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Advertisement13 1986-02-19 2 MADRAS on AIR-INDIA'S EXECUTIVE CLASS Simply First Class Where Yon An The Kbhanph13 words
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Page 3 Advertisements
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Advertisement182 1986-02-19 3 lap; Pfplfl i :<s m£s inas liJ 2» t »fS a I- c s w o -i-i > fFOR MORE INFORMATION CALL ISLAND INVESTMENT OR JONES LANG WOOTTON Developer Island Investment Agency Corpn Ltd Tel *****44 Tlx R*****9 Sote Marketing Managing Agents: Jones Lang woosso^ Inirrtui tonal Real Euak C182 words
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OVERSEAS
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629 1986-02-19 4 Reuter TRADING on the highly speculative spot market in Britain's Brent crude oil has ground to a halt amid allegations of fraud and bad faith, putting the oncebooming market's survival in doubt, industry sources say. The crisis has been triggeredReuter - 629 words
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176 1986-02-19 4 Reuter THE BRITISH GOVERNMENT owes income tax cuts to taxpayers in the lower half of the earnings scale. Prime Minister Margaret Thatcher has said. Interviewed on BBC television on Monday, she rejected calls for increased spending in the March budget to boost employ ment.Reuter - 176 words
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436 1986-02-19 4 FT EVIDENCE that the US is moving cautiously towards endorsing new initiatives to stabilise international exchange rates is being well received by developing countries which have been pressing for monetary reform. "This is definitely a very welcome development, something weFT - 436 words
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233 1986-02-19 4 AP HOUSE SPEAKER Thomas O'Neill has predicted that Congress will pass veto-proof legislation this year to protect American jobs from imports. "I feel confident that, with the (November Congressional) election, we'll be able to override the president's veto," O' Neill said onAP - 233 words
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Article, Illustration435 1986-02-19 4 Reuter THE ANNOUNCEMENT that West German Chancellor Helmut Kohl must answer criminal charges over his testimony to an official enquiry into corruption has plunged him into a scandal that could endanger his political survival. Mr Kohl, 55, became the first West German chancellor toReuter - 435 words
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312 1986-02-19 4 Reuter EAST GERMANY is using dummy soldiers made of cardboard to man watchtowers along its heavily fortified frontier with West Germany, the Interior Ministry in Boon has said. In its annual report on the federal border police, the ministry saidReuter - 312 words
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126 1986-02-19 4 UPI A WAYWARD bus-sized Soviet spy satellite is expected to crash back into the atmosphere sometime this spring after slipping hopelessly out of its intended orbit, according to a West German newspaper. Die Welt, in its early Tuesday edition, said the errantUPI - 126 words
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Article230 1986-02-19 4 AFP NINE OF THE 12 members of the European Economic Community have signed a package of measures designed to launch the first concrete reforms of EC institutions since the community's creation 29 years ago. Denmark, Italy and Greece did not take part in Monday'sAFP - 230 words
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404 1986-02-19 4 Believe it or not many Americans do AP FORTY PER CENT or more of Americans believe flying saucers are real, rockets change the weather and certain numbers bring good luck. Survey results from a new poll indicate that while the American public is somewhat informed on technological issues, "a substantialAP - 404 words
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Article, Illustration419 1986-02-19 6 Concern over strength of the yen UPI JAPANESE cabinet ministers, worried about the drastic rise in the value of the yen, yesterday called for measures to aid enterprises dependent on exports and stimulate domestic demand. "The yen's sharp rise is causing a grave effectUPI - 419 words
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Article180 1986-02-19 6 AFP MITSUI BANK has forecast that Japan's economic growth rate will fall by 1.1 per cent during fiscal 1906 if the yen's exchange rate stays at 180 yen against the US dollar. The major Japanese commercial banks said in a survey on Monday thatAFP - 180 words
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Article147 1986-02-19 6 UPI PUBLIC CONFIDENCE in the political and economic future of Hongkong after the communist takeover in 1997 is waning. The South China Morning Post said yesterday that 78 per cent of the people interviewed for a survey indicated that they were still not confident about theUPI - 147 words
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Article224 1986-02-19 6 AFP JAPAN AIR LINES (JAL) found an average of 80 cracks per aeroplane when it conducted overall checks on its five Boeing 747 aircraft. A newspaper in Tokyo said yesterday that JAL had completed checks on five of its six Boeing 747s serving homeAFP - 224 words
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178 1986-02-19 6 AFP A CONTRACEPTIVE bio-bullet is being developed in Melbourne to shoot down criticism of Australia's controversial kangaroo culling programme. Agricultural scientists Ted Stelmasiak and Simone van Mourik said yesterday that they hoped to have the radical contraceptive on the market by nextAFP - 178 words
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455 1986-02-19 6 Bernama A US SENATOR has revealed that some liberal members of the US Senate favour an American-spon-sored assassination of President Marcos. They favoured an Amer-ican-sponsored assassination if Mr Marcos refuses to allow opposition candidate Corazon Aquino take power as president in view ofBernama - 455 words
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Article168 1986-02-19 6 AP A NEW domestically-pro-duced health drink that tastes similar to Coca-Cola ha* gone on sale in China. The Beijing Evening News said yesterday that the drink is produced by the Hangzhou City Limin pharmaceutical factory in 2ie)iang and the Shanghai Chinese Medicine Institute. ItAP - 168 words
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Article781 1986-02-19 6 ARRIVALS Operator Sorvico Locol tint* From SIA SQ4I 0615 MAA CAL CIOIO 0740 JED/DHA MAS MH68I 0820 KUL KAL KE624 0850 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN SIA SQI03 1005 KUL RBA BM21 1030 BWN CPA CX7I0 1030 CGK GIA781 words
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Page 4 Advertisements
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Advertisement254 1986-02-19 4 W\ NATIONAL PRODUCTIVITY BOARD ERGONOMICS PROGRAMME FOR MANAGERS Ergonomics is the science of fitting the work and work environment to man. It examines the relationship between man and his work methods; man and the equipment he uses; ana the physical work environment. The main aim of this 12-hour programme is254 words
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Advertisement45 1986-02-19 4 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS TANCHONG TOWER Office Suites from 30 to 200m 2 Flexibility of A/C hours Very generous carparking provisions Rental under $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 TAN CHONG TOWER 15 Queen Street Singapore 071845 words
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Page 4 Miscellaneous
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Miscellaneous32 1986-02-19 4 SOMEPLACE WW ft* TO HAVE AN cweomm mSHOUJ/ HUH BY GARRY TRUDEAU YEAH. SHE'S IN THE INHERES MEN'S ROOM. THE MINE HOLPIN6 FORTH MISS J? ONHERUJORK. WwsM i n a srr vm32 words
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Page 5 Advertisements
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Advertisement639 1986-02-19 5 MOVE INTO A MORE COMMANDING POSITION The prestige of the number one address in the business world. The esteem of the tallest building in Asia. The efficiency of one of the most modern office buildings in the world. That's the tremendous difference moving into OUB Centre, One Raffles Place can639 words
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Page 6 Advertisements
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Advertisement272 1986-02-19 6 Change to the airline that doesn't make you pnotirrA oi rli nAC I II I I I II 111 II If you need to fly from Singapore to any of the Un /1 I M M I m J M M M M M M L I A States, would272 words
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BANKING AND FINANCE
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438 1986-02-19 7 Reuter CREDIT MARKETS are likely to widen their recent sharp gains amid growing belief that the Federal Reserve will foster still more declines in US interest rates, according to analysts. "The monetary authorities have an ideal environment in which to make an easingReuter - 438 words
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Article131 1986-02-19 7 AP MEXICO AND JAPAN have signed an agreement to restructure US$4B million worth of private debt secured or guaranteed by Japan's Ministry of Industry and International Commerce. The Treasury Department said yesterday that the arrangement provided payment terms of 3'/2 years for medium* and long-term debt andAP - 131 words
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350 1986-02-19 7 SOH TIANG KENG - By SOH TIANG KENG A VISITING Luxembourg banker yesterday struck a note of optimism for the European Currency Unit (ECU) in South-East Asia. Mr Edmond Israel, a member of the executive board of Banque Internationale A Luxembourg (BIL) which runs a merchant bank350 words
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Article1126 1986-02-19 7 SINGAPORE The US dollar closed higher yesterday against most major currencies compared with London levels, after active but nervous two-way trading. Dealers said a newspaper report that the Japanese Finance Ministry will ease rules on capital outflow and that Japan may cut its discount rate again helped the1,126 words
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Article382 1986-02-19 7 BA Futures COMMENTS by the Japanese authorities that they would ease restrictions on capital outflow and the Bank of Japan's intention to cut discount rate again as early as mid-March provided the bullish sentiment in the EarsMlar futures market yesterday. June Eurodollar gapped up again at 92.20 during theBA Futures - 382 words
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Article117 1986-02-19 7 THE OVERNIGHT rate on the Singapore interbank money market rose by V* point from Monday to close at s•'* per cent yesterday. The one-month term rate fell by Vk point while the two and three-month rates fell by 1/16 point each. S$ Interbank rotes at 7pm yesterday: Off*117 words
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Article241 1986-02-19 7 HONGKONG: The metal closed a shade lower yesterday in moderate trading, reflecting mainly the stronger tone of the US dollar. Sentiment remained slightly bearish amid falling crude oil prices; and the market holiday in New York on Monday kept many traders on the sidelines. Gold ended at U*****.90/333.30 compared241 words
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Article, Illustration266 1986-02-19 7 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at opening levels after a quiet session which lacked direction due to the absence of US markets because of Washington's birthday holiday. Among short dates, overnight closed Vfc point higher at Bvt 8 per cent, Wednesday /Thursday 1/16 firmer at 8-1/16266 words
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Page 7 Advertisements
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Advertisement281 1986-02-19 7 Standard Chartered i i g y id V/V \y\ m i.fe* V Through our Standard Chartered dealing centres in 20 key cities around the world we offer you Globewatch our 24-hour dealing service that allows us to accept your 'target' or 'stop loss' orders and to monitor them for you281 words
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FEATURES
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Article499 1986-02-19 8 AMERICAN ECONOMISTS drive big cars. This is not an established (act. But it might be a fair conclusion from the way they get easily cheered by (ailing oil prices. They foresee tremendous savings for consumers because crude oil prices not retail prices have fallen a third499 words
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Article1029 1986-02-19 8 Equity - Some questions for auditors and bankers Letters to the Editor Equity Dear Sir, The accounts for Pan-El, Dec 31, 1984, showed loans and bank borrowings of $258.5 million. We now learn (BT Feb 7, 1986) that during 1985 the banks lent a further $191.5 million1,029 words
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834 1986-02-19 8 T S Tan - Economic report issues for consideration T S Tan Dear Sir, I join with many businessmen and professionals in expressing genuine appreciation for the people in the Economic Committee who helped to produce a good and realistic report. However, as Parliament sits to debate the report and recommendations, I would urge834 words
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Article1188 1986-02-19 8 ABAD LATIF - Viewpoint By ABAD LATIF A STRIKE IN SINGAPORE? So it was. Early in January, 60 Hydril workers, joined by sympathisers from other companies, picketed the gates of their plant at Jurong to protest against what they called the company's anti-union activities in dismissing some workers, including1,188 words
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Page 8 Advertisements
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Advertisement229 1986-02-19 8 Han Dynatty bronze flytni: hone symboitzmu extreme speed FLEET-FOOTED. In the foreign exchange markets, being fast on your feet is vital. Because a few seconds can make all the difference. That's why Bank of Americas Financial Markets Advisory Service intently monitors every international market 24 hours-a-day. Bank of America's strength229 words
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Page 8 Miscellaneous
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Miscellaneous35 1986-02-19 8 BnStoW: Ftenk Dickenfi U)HPvT F\ 03TT6JM UFP r u)hp>t ps Lousy worreM uFe f M-ieoNLv vpvteNTiKje IHPVT'S HIS CRRD t ReceiveDTms OF PV TURNED OUT TO »>OKC 6e. THpfT StOIMC SIGU nnPsN'S INHU^RNiTy "it) mp\N35 words
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SPORTS
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Article318 1986-02-19 9 AFP BADMINTON is already benefiting from last year's decision to make it an Olympic sport from 1992, International Badminton Federation president Poul-Erik Nielsen believes. "Since the International Olympic Committee's allocation of Olympic status, several governments have shown interest in badminton for the first time," Nielsen saidAFP - 318 words
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782 1986-02-19 9 UPI THE SLEEPY, seaport town of Fremantle, Australia, once attracted people who wanted to get away from the noise, crowds and hassles of modern-day life. The quaint city was known for its Victorian-era houses and a slower, kicked-back style of living. The natives thrivedUPI - 782 words
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Article, Illustration325 1986-02-19 9 THE BOSTON CELTICS have taken their first steps towards redemption. Last year the Celtics lost the National Basketball Association championship to Los Angeles a setback magnified by the Lakers clinching the title in Boston Garden. On Sunday Boston exacted a measure of revenge by325 words
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Article519 1986-02-19 9 WALTON MORAIS - By WALTON MORAIS ONLY 15 Singapore professionals will be allowed to play in the half-million ringgit Malaysian golf circuit this season. This follows a Malaysian Professional Golfers' Association ruling that limits the number of foreigners allowed to play on the lucrative circuit. The Malaysian PGA is519 words
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Article, Illustration354 1986-02-19 9 AP TOP-SEEDED Ivan LencQ struggled, and third-seeded Jimmy Connors of the United States struggled even more, but both won on Monday afternoon to advance to the quarter-finals of the US$l.B million Upton International Players Championships tennis tournament in Boca Raton, Florida. The Czech-bornAP - 354 words
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Article, Illustration223 1986-02-19 9 Bernama TAIWANESE brothers Chen Tze-Ming and Tze-Chung will make their assault in the US$l5O,OOO Benson and Hedges Malaysian Open Golf Championships in Kuala Lumpur from March 6 to 9. Dubbed the "Chen Gang", the pair would be spearheading a strong Taiwanese groupBernama - 223 words
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Page 9 Miscellaneous
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Miscellaneous1033 1986-02-19 9 w zm mm APPLAUSE THE ENTERTAINER Bing Crosby Blue SkhM 9pm, Channel 12 Starring with the late American crooner, Bing Crosby (left), in this highly entertaining 1946 musical-comedy are Fred Astair and Joan Caulfield. Directed by Stuart Heisler, the film features Irving Berlin's music, including "A Pretty Girl Is Like1,033 words
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Miscellaneous634 1986-02-19 9 "/IdU-JiJ-yAS SjUtt&tfUili) CRYPTIC PUZZLE ACROSS 1 Statistical centre (5) 6 Slopes for proms? (5) 9 Dog able to sharpen pencils' (7) 10 Enough meat to go rounds (5) I 1 The number on board? (5) 12 Pass on something you know (5) 13 It's his |ob to moke on impression634 words
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INTERNATIONAL STOCKS
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517 1986-02-19 10 Hanson and United Biscuits in tug of war Reuter ANALYSTS are still trying to assess fully the two bids for Imperial Group PLC, both valuing the group above £2 billion, which are now on offer to Imperial shareholders. An increased offer from Hanson TrustReuter - 517 words
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254 1986-02-19 10 United Biscuits is confident of offer Reuter UNITED BISCUITS Holdings PLC has every reason to believe its £2.6 billion bid for Imperial Group PLC will not be referred to the Monopolies Commission, given that United Biscuits is prepared to divest the combined group of its Golden Wonder snack food business.Reuter - 254 words
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Article83 1986-02-19 10 Reuter RANK ORGANISATION PLC says it is making a bid for Granada Group PLC, valuing the company at about £740 million or 297p per share. The offer will be on the basis of five Rank ordinary shares for every nine Granada ordinary shares. A fullReuter - 83 words
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146 1986-02-19 10 Reuter BRITISH Prime Minister Margaret Thatcher yesterday said she wanted British offers for all of state-con-trolled BL PLC. "An ounce of offer would be worth a ton of talk," she said on television when asked if she was open to UK offers. "We wouldReuter - 146 words
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Article110 1986-02-19 10 FEB 17 Abrtto c* 22* Hud Bay Mn Imp Oi Inco 42* 19* 38* Ale on 43* trt Un 20* 19* 17*B 24* 28* 2* Bonk Novo Scotio M Conodo 12* 37* Mc BkxM 26* 21* unch 28 X uncf) 40 19* 15* 16* 4* Corhng O'Ke^te II* 23*110 words
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Article218 1986-02-19 10 FEB 17 Unaec WootwlM lit 1350 uich INDUSTIIALS MININGS A Afcho 1275 -25 inch 50 Anglo* 4025 -25 AE And CI 1100 525 Anghool Bhryoon I6IOOG 1550 1 100 25 50 AMIC Boriowt 4100 1515 unch 5 Charter Can* GnM 900 2040S C G Srrwth CNA 2700 225 unch218 words
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Article895 1986-02-19 10 Amsterdam FH 17 Fit ABN 565 00 -2 A ejon 104 00-0 8 Ahotd 77 40 05 Akzo 162 10 -1.1 AM£V 79 10 -15 Amtot ***** unch 39 00 +0 2 Boh 649 00 24 Boikoh Bur Tat 141 00 +1 Cotarx) CaKe 512 00 +7 Oct895 words
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Page 10 Advertisements
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Advertisement672 1986-02-19 10 W «K! d catai in? It could only happen at Hotel Miramar... til m ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00' (except premium brands) served daily from 4pm to 7.30pm. Delicious672 words
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Advertisement163 1986-02-19 10 loss to a prosperous year wren ine vnosi delicate of rawfish Yu sheng Special at Chfeng Ij6u Teochew Seafood Restaurant February 8—83,1986 This appetizing Vu sheng Spccial is available at Its*+ portion for 2 4 persons •35*+ portion for 5 8 persons $So+* portion for 9 12 persons Additional fish163 words
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ASIAN STOCKS
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Article352 1986-02-19 11 HONGKONG: Share prices closed lower yesterday in moderate trading, with the Hang Seng Index losing 11.67 points to 1,771.41. Institutions dominated the selling with properties leading the retreat, though selective buying interest was noted in the electronics sector, brokers said. The market might consolidate further before advancing again ahead352 words
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Article255 1986-02-19 11 FE» It MT L>en Hwa Mm 1480 -0 15 Non Ya Plas 33 80 -0 1 Afl SrKere Indus 2 71 26 20 0 12 unch Pocrfic Cons Pacific Elect W*e 2060 0 1 -0 1 32 40 0 2 15 60 Chang Hwo Bank 4990 23 unch +08255 words
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Article516 1986-02-19 11 TOKYO: Share prices eased slightly yesterday in heavy trading as the market showed little reaction to fresh reports that the government is considering a further cut in the official discount rate. The market average slipped 11.68 to close at 13,436.23 after rising 43.61 the day before to a record516 words
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Article71 1986-02-19 11 fh u fool Oriental B Phfex 8 P»cop B ***** 014 ***** unch Anglo Phil 0001 inch PLOT 39 50 Apex M**ng B Atkn Coo 6 0009 12 unch unch Podco B Boguto Gold 0001 0 003 unch ***** 20 50 0 25 106 0 0055 4)0495 ctxfp .73071 words
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Article405 1986-02-19 11 SYDNEY: Australian share markets yesterday closed easier in mixed trading with little overseas news to inspire the market and profit-taking in some industrial stocks, brokers said. At the close of trading, the All Ordinaries Index had lost 1.2 points to 1047.1, the All Industrials Index 1.1 points to 1604.8405 words
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Article98 1986-02-19 11 FIB 18 Book Scouj Won 650 unch Hyundoi Const Hyundoi Motor KAL 1000 2290 680 -2 70 -12 Choheung Bk Commercial Bk Doeltm Ind Daewoo Corp 600 670 500 706 -10 unch unch 23 Korea First Yukong Korea §>*p Lucky Ltd 653 1785 340 876 -7 34 -5 -498 words
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Article90 1986-02-19 11 FEI It Mm iam Cement 463 70 -6 -25 Snm City 436 -4 106 -1 Ayuthoyo In* And Tru»l Bangkok Agro-tod 146 25 206 -3 LTxrh 2 Strong Pock Thai Commercial Bar* 480 unch Bank Of Ayudhoya J-« Thai Farmen Bank Thai toduitnal 203 unch Choroong Thai Wn Thai90 words
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Article62 1986-02-19 11 Reuter JAPAN'S two major car makers, Toyota and Nissan, have reported year-to-year declines in exports in January, mainly because of decreased shipments to China, South-east Asia and the Middle East. Toyota, Japan's top car manufacturer, reported that its exports were down 0.9 per cent from aReuter - 62 words
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544 1986-02-19 11 Reuter ROBERT HOLMES a COURT'S Bell Resources Ltd could theoretically end up with about 53 per cent of the 1.25 billion issued shares of Broken Hill Pty Co Ltd (BHP) under a revised partial bid unveiled on Monday. Under the terms of theReuter - 544 words
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249 1986-02-19 11 AFP THE PLANNED merger of Japan's third largest city bank, Sumitomo, with ailing mutual trust bank Heiwa Sogo illustrates the eagerness of the authorities to forestall the country's first bank failure since World War n. The two banks reached agreement last week calling forAFP - 249 words
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113 1986-02-19 11 Reuter THE SHARP RISE in first half-net profits of Pancontinental Mining Ltd (Pancon) mainly reflects the start of production at the Paddington gold project and the acquisition of an extra 2 per cent stake in two Queensland coking coal joint ventures. The chairman ofReuter - 113 words
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Page 11 Advertisements
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Advertisement627 1986-02-19 11 <*=!! PS •f- i I '-tv,'v" V <./-• I I /f=P FASHIONABLY HYATT Join the fashion-conscious every Wednesday (3.00-6.00pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative627 words
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Advertisement207 1986-02-19 11 -5^ ■v r# > K s JT A 2 Un Biris Nl|ktly) spm 1 am (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Daily) It's a real happy time! Just buy a drink and get the second FREE. FREE DIM XIN every nignt. 1207 words
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RAW MATERIALS
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Article, Illustration566 1986-02-19 12 UPI THE AMERICAN copper indus- try, once the world's most pro- ductive, is slipping into second place behind Chile's mammoth i state-owned National Copper Corporation. <" Huge proven reserves, low costs, and high ore-grade enable National Copper to project pro- duction increases from 1985'sUPI - 566 words
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156 1986-02-19 12 Reuter v PLATINUM should be the star performer in the precious metals sector this year, with fundamentals and technicals both bullish. Alan Davison of Shearson t Lehman Brothers said he expects the market to be in deficit > this year by about 4.7 tonnes,Reuter - 156 words
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266 1986-02-19 12 Reuter WORLD TIN PRICES are likely to average £5,000 per tonne over the next two years even assuming a proposed company, Newco, comes into being to dispose of more than 80,000 tonnes of International Tin Council (ITC) stocks. Shearson Lehman Brothers LondonReuter - 266 words
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203 1986-02-19 12 Reuter WIDESPREAD RAINS in the past week have raised Pakistan's hopes for a bumper wheat crop this year after a disappointing crop last year. Agriculture officials said Pakistan has set a production target of 13.3 million tonnes from the 1985-86 (June/May) crop compared with 11.59Reuter - 203 words
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Article150 1986-02-19 12 Chines* Produce Robusta 20/25% ***** Exchange FOB NSW Sellers' noon closing pri Feb 18 (S$/100 kg). cet on Nutmeg 110 FOB NSW 711 00 Coconut oil E&W FOB NSW 628 00 Bufc FOB 58 00 Gambier CHd drum FOB New drum FOB 71 00 7500 FOB NSW 330150 words
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Article461 1986-02-19 12 COFFEE Robusta futures ended a quiet and featureless day on Monday with gains from last Friday of £70 to £65 a tonne, buoyed by firming sentiment ahead of the ICO quota suspension. The market was steady to firmer throughout the day, in dull and thin business. SUGAR Raw461 words
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Article182 1986-02-19 12 CONTINUED DEMAND pislifi tli sa the Kul> Lain par Tla Market ap to M 521.7? per kg, ap n cents treat Msaday. Trading was hrtek aad dealers attrlkated tke rise, fsr tke fifth esaescatlve day, to persistoat sksrt-esverlag aad fartker Maiaystaa aad Japeaese baylag. Dealers alse aetod light182 words
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Article185 1986-02-19 12 Bangkok (USS/tonoe, KM) White Rice 100% 1st class 270 100% 2nd class 245 100% 3rd class 240 5% 230 10% 225 15% 220 20% 210 25% 200 35% 195 Broken Rice A-) Super 140 A-l Special 137 C-l Special unq C-l Ord i*>q Loonzain Rice 100% 1st grade unq185 words
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Article300 1986-02-19 12 SINGAPORE The market closed firmer yesterday with March One RSS buyers quoted at 176.00 cents per kg, up six cents from Monday. The morning session rose four cents mainly due to short-covering in (airly active trading. Continued short-covering and some speculative buying caused prices to gain a further in300 words
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Article280 1986-02-19 12 RAS prices m S cantt/kg, FOt in k obt NOON CLOSE Int 1 RSS Prompt ovywrt 173 50 174.SON 175.00 176.00N Int 1 RSS Mar 86 174.00 175.00 176.00 177 00 Int 1 RSS Apr 86 183.00 184.00 184.50 185.50 Int 2 RSS O P 169 00280 words
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Article99 1986-02-19 12 (ccnts/kg, 1-ton poM*ts> R 86 ARL 86 (current month) (forword month) NOON NOON RAS tvy«n jtwtn Bvy«n f-M MMf) SSR 20 177 00 179 00N 178 00 180 00N SSR 50 172.50 174 50N 173 50 175.50N MRELB feyn SMR CV 241 00 243 00N ***** 244.00N99 words
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Article150 1986-02-19 12 CRUDE PALM oil prices closed higher yesterday on further covering interest after the recent decline, but trading remained thin amid lack of fresh factors. Hie closure of the Chicago soybean complex on Monday also restricted activity. In the February position, south and central regions firmed MJS to $565150 words
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Page 12 Advertisements
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Advertisement143 1986-02-19 12 wo md inrfc. I From April there will be a first-class hotel just minutes from your meetings in Penang. Centrally located within the prestigious Komtar Complex in the heart of Georgetown, the new Shangri-La Inn will offer the very highest standards of f V service and accommodation. Its 431 guest143 words
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Advertisement143 1986-02-19 12 S3 DBS SECURITIES (Member of Stock Exchange of Singapore Ltd) DBS Securities Singapore Re Ltd, a wholly-owned stock-broking subsidiary of DBS Bank, commences business today. Corporate Data Authorised Capital: Ssso million Paid-up Capital: Sslo million Executive Director: Mr Jen Shek Chuen Directors Mr Michael Wee (Chairman) Executive Vice-President, DBS Bank143 words
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SHARE INFORMATION
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Article, Illustration4158 1986-02-19 13 BARGAIN HUNTING helped most shares to recoup their previous day's losses on the Singapore stock market yesterday. The market closed on a steady note with certain Malaysian stocks showing commendable gains on buying support from some "big players." For instance, the "Duta Yap"4,158 words
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Article256 1986-02-19 13 SINGAPORE Rises Indicss TDM S 1 A SMI Kaioafh >'■!»<■ Corp. Dwto Com DBS Spore Im Sioiion U 0 M 1 F HUfi SOt HK Tm Corp 50* 114 -t-18 640 4 15 300 4 13 154 413 250 4 10 42* 48H 488 4 8 281256 words
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Article2666 1986-02-19 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 656) Akom (0 428 0.485) Allied Choc (1.888 1.915) (I) 1 88 Amol Steel 50t (0 688 0 70S) (2) 067 (2) 0 674 (5) 0 674 (2) 0.684 (7) 0 69 B A T 22« (I 568) (I)2,666 words
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Article275 1986-02-19 13 Managers' prices > MARA-Bumiputra for Fab 19 First B'putro 4 47 4 52 Singapore Unit Trust Second B'putro Third B'putro 422 427 3 43 3 48 The Commerce 0 85 090 Fourth B'putro 3 70 3 75 The Savings Fund 0 77 0 82 Fifth B'putro 2 38275 words
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Article101 1986-02-19 13 HONGKONG Hong Seng Index Monday 1606 7* Week ago 1609 Tuesday 177).41 Monday 1783 08 NEW YORK Week ago Closed Dow Jones Monday Closed TOKYO Friday 1664 45* Week ago 1626.38 Nikkei Average Tuesday *****.23 Monday *****.91 Week ago Closed Standard Poors Monday Closed Friday 219 76 TSE101 words
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COMPANY NEWS
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Article, Illustration1098 1986-02-19 14 NAJEEB JARHOM - By NAJEEB JARHOM THE REPORTING SEASON for companies with December year-ends is due soon and analysts have painted a somewhat gloomy profit picture for the six listed local banks. They expect double-digit falls in 1985 group profits after tax, diminution1,098 words
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382 1986-02-19 14 MBT THE PROFITS gained from investing in industrial buildings in Hongkong are comparable to that of commercial and residential buildings. One of the best kept investment secrets in Hongkong was the industrial building, said Mr Daniel C Lam, the managingMBT - 382 words
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429 1986-02-19 14 ANTAH BIWATER, a joint venture between the Antah group and Biwater Ltd of the UK, is poised to clinch the first privatised water supply project worth Msl.4 billion in Malaysia. Sources said the recent announcement by the Malaysian government that the programme would429 words
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Article380 1986-02-19 14 Current Ei Books Date Totol for Totol for payment dot* close payable the yeor lost year A B N 13%l Aug 19 NYA NYA 13% 26% Botu Kowon 15% Jon 27 Feb 6 Feb 27 20% 15% Bento IOO%(e) NYA NYA NYA 100% 45% CASH 5%(b) NYA NYA380 words
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584 1986-02-19 14 NST PAN-ELECTRIC Industries, now under liquidation after running up massive debts, had apparently engaged in forward deals in shares over the past few years with a Singapore broking firm, Associated Asian Securities, which was owned by its former managing director, Peter Tham. These transactionsNST - 584 words
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398 1986-02-19 14 NEWS THAT ready trading would resume on the Kuala Lumpur Stock Exchange next Monday brought buyers back to the market yesterday. Share prices moved slightly upwards to close on a steadier note. Most of the gainers lower liners in the industrial sector398 words
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Article2617 1986-02-19 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. HDUS TRIALS A|inomo«o (2.206 2 80S) A Choc (2 106)2,617 words
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Article111 1986-02-19 14 NEW STRAITS TiMES Press (Malaysia) Berhad: 14th AGM at the Theatrette, Balai Berita, 31 Jalan Riong, Kuala Lumpur on Saturday, Feb 22, at 11.00 am. PERLIS PLANTATIONS Berhad: 17th AGM at the Boardroom, 18th Floor, Wisma Jerneh, 38 Jalan Sultan Ismail, ***** Kuala Lumpur on Friday, Feb 28,111 words
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520 1986-02-19 15 RAMESH CHANDIRAMANI - Br RAMESH CHANDIRAMANI THE SECOND stockbroking firm among the Big Four local banks, OUB Securities Pte Ltd, is to start trading on the Stock Exchange of Singapore on Monday. DBS Bank was the first of the Big Four to start up its new520 words
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Article242 1986-02-19 15 UNITED OVERSEAS BANK hac acquired the entire issued capital of two $1 shares in United Investments Ltd from United Overseas Land Ltd for $42,690 cash, representing the $2 paidup capital plus incorporation and other related expenses of $42,688. UIL, an investment holding company, is a shell company. THE242 words
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532 1986-02-19 15 ROTHMANS of Pall Mall (M) Bhd, which is currently awaiting official response to its proposed equity restructuring scheme, has unveiled another set of sparkling half-year results. For the six months to December 31, 1985, the leading cigarette maker turned in a group532 words
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Article, Illustration511 1986-02-19 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN SEALION HOTELS, which is controlled by Datuk Yap Yong Seong, better known as Duta Yap, is expected to make some major board changes, say banking sources. Most of the current directors on the board are likely to step down in511 words
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331 1986-02-19 15 TRADING in the shares of Singapore Fodder was suspended at the company directors' request yesterday until further notice pending an announcement to be made in due course. The animal feed manufacturer, which has a small issued and paid-up capital of 10 million (1 shares, has for331 words
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Article961 1986-02-19 15 THE MARKET opened firmer yesterday following Monday's mixed session, with fresh bid news stimulating renewed demand. At 0945 GMT, the FTSE 100 index was 6.8 up at 1,482.1. Granada rose to 312 from 240p after the £740 million offer from Rank Organisation, which was 20p higher at 564.961 words
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765 1986-02-19 15 MBT BRIAN CHANG, Promet's chief executive and managing director, has reiterated that the agreement sent by Datuk Mak Kok's lawyers concerning the sale of 100 million Promet shares does not constitute a formal agreement. In his statement of defence, MrMBT - 765 words
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Page 14 Advertisements
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Advertisement321 1986-02-19 14 NOTICES COMPANIES ACT, CAP. 185 STEHN CO (SHIPBROKING) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of STEHN Si CO. (SHIPBROKING) PTE LTD duly convened and held on 13 February 1986 the following special resolution was passed: WINDING UP It was resolved that the company be wound up321 words
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Page 15 Advertisements
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Advertisement197 1986-02-19 15 TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' Minimum one-month lease within CBI) Telephone, TV. air-con, cooker, fridge, kitchenware and household linen available Telex, secretarial, housekeeping and laundry serv ices available Covered car park 24-hour security Types available: Studio Sl.loop.m. 1-bedroom197 words
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Advertisement213 1986-02-19 15 I Could you really eat French better anywhere else? If you haven't dined at Le Gourmet, you've been missing out on a lot. Like our Le Somptueux Buffet Lunch. We let you pick your favourite starter and dessert, and while you enjoy your appetiser, our chef will specially prepare a213 words
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Article, Illustration390 1986-02-19 16 AMY CHEOK - By AMY CHEOK UNITED INDUSTRIAL Corporation, which recently decided to abort attempts to rescue Active Building Civil Construction, has now teamed up with China International Trust Investment Corporation (Citic) to salvage the troubled construction company's sole project in China. UIC and Citic390 words
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136 1986-02-19 16 TAN KOON SWAN was yesterday granted the permission by the Court to return to Malaysia (or 20 days (Feb 19 to Mar 10). He returned to Singapore last Saturday after spending 15 days in Malaysia. Mr Tan is out on a $40136 words
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334 1986-02-19 16 RICHARD SEAH - By RICHARD SEAH HAVING LOST one of Singapore's biggest construction companies, the former chairman of Active Building and Construction now faces the prospect of losing his personal property as well. Mr Lim Kai Tiong is being sued for more than $375,800 by Asia Commercial334 words
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475 1986-02-19 16 THE WORLD will not be enjoying oil at less than $18 a barrel by the year 2010, nor will it be suffering a price of more than $56, energy analyst Dr Fereidun Fesharaki forecast in Singapore yesterday. In475 words
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256 1986-02-19 16 Reuter CRACKS appeared yesterday in the resolve of five leading industrial nations to keep the dollar low as Tokyo planned to hold up the greenback's fall, which is threatening the health of Japan's own industries. Forex markets in Asia and Europe tradedReuter - 256 words
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149 1986-02-19 16 Bernama MALAYSIANS may have to wait till May before they can enjoy cheaper petrol, diesel, kerosene and liquefied petroleum gas. Oil industry analysts said yesterday that owing to Malaysia's rigid oil pricing system, an immediate cut in the prices of petroleum products could beBernama - 149 words
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66 1986-02-19 16 Reuter SOME INDONESIAN pilots are so fat that they are unfit to fly and the Air Force has told them to slim down or risk missing promotion. An Air Force spokesman yesterday said there were too many fat airmen. He said several hadReuter - 66 words
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224 1986-02-19 16 AP Reuter SEVERAL prominent Filipino businessmen have resigned from a presidential economic advisory group in protest against President Marcos's victory in the recent presidential elections. Felix Maramba, the immediate past president of the Philippine Chamber of Commerce and Industry, confirmed that he had resignedAP; Reuter - 224 words
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145 1986-02-19 16 Reuter THE TRIAL of Malaysian businessman George Tan opens in Hongkong today, more than two years after the collapse of his once huge Carrian property empire. The former Carrian chairman, deputy Bentley Ho and four others will appear in court accused of conspiringReuter - 145 words
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Article55 1986-02-19 16 THE US stock market was mixed at the start of trading yesterday, with gainers outnumbering losers. The Dow Jones industrial average was down six points to 1658. Advances led declines by a five-to-four margin on a volume of 12.13 million shares. The Csmex gsld aad silver repsrt55 words
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LATE FILE
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Article34 1986-02-19 16 AP CANADIAN Minister of International Trade James Kelleher yesterday witnessed the signing of a CUD million line of credit to facilitate exports of Canadian goods to Malaysia. APAP - 34 words
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Article46 1986-02-19 16 AP AN APPEALS court has decided to grant bail of 2.5 million baht each to five former generals, including former Prime Minister Kriangsak Chomanand and former Armed Forces Commander Serm Nanakorn, charged with trying to overthrow the Thai government. APAP - 46 words
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Article42 1986-02-19 16 Reuter VIKTOR GRISHIN, one of the last "old guard" members of the Soviet leadership, was dropped from the Kremlin's ruling Politburo yesterday. The party chief of Moscow City, Mr Boris Yeltsin, 55, was promoted to Junior membership. ReuterReuter - 42 words
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Article36 1986-02-19 16 Reuter THE AUSTRALIAN government ended two decades of political Indecision by announcing that a second Sydney international airport would be constructed at Badgerys Creek, 46 km west of the city. ReuterReuter - 36 words
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Article33 1986-02-19 16 Reuter INDIA'S opposition parties yesterday called for a oneday general strike next week to protest against government price Increases for essential goods, the Press Trust of India said.Reuter - 33 words
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Article43 1986-02-19 16 Reuter TAMIL separatists yesterday freed a kidnapped British woman, Penelope Eva Willis, 64, whom they accused of being a spy. She was handed over to a British diplomat and a British Red Cross representative at Nullur in Jaffna. ReuterReuter - 43 words
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Page 16 Advertisements
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Advertisement191 1986-02-19 16 w l whuff v m m Ma\j Ibe of service to you? 44 111 answer your telephone calls, take messages, hajidleyour mail and telex. even arrange for your airline tickets, make hotel and restaurant reservations. The best part is you never ever have to pay me a salary. May I,191 words
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Advertisement205 1986-02-19 16 Som« US NMtora favour Willtfwv llarrna Dama ft Killing Mircot, ragt o AS SELLING ON L/C Y If you have our guarantee. And we can give you that guarantee in more ways than one. You can choose between our export credit insurance service. Or, you can if you are a205 words
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Page 16 Miscellaneous
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Miscellaneous60 1986-02-19 16 Outlook for today: Foir becoming cloudy with showers over several areas in the late afternoon ond early evening. Report for 24 hours prior to 7.30pm on Feb 18 at the airport: Maximum temperature 33.2 Associated humidity 56 Minimum temperature 23.5 Associated humidity 97 Hours of sunshine 7.20 Rainfoll in millimetres60 words
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SHIPPING TIMES
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Article, Illustration344 1986-02-19 17 SHAHRIR ARIFF - By SHAHRIR ARIFF AFTER ONLY 18 months, Sembawang Engineering yesterday began delivering four accommodation modules to Aramco, its customer in Saudi Arabia. In 1984, BT reported that Sembawang Engineering, which services the onshore and onshore oil and gas industries, secured a contract (or three accommodation modules344 words
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231 1986-02-19 17 AFP Reuter A HONGKONG court adjourned a hearing on claims filed by Japan's Toyo Menka Kaisha Ltd against Island Navigation Corp Ltd, its owner CH Tung and two subsidiaries for alleged overdue payments on two ships. A spokesmanAFP; Reuter - 231 words
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160 1986-02-19 17 Reuter A JUDGE on Monday ordered the winding up of Sydney-based shipping line KKL (Kangaroo Line) Pty Ltd, a month after it was put into provisional liquidation, James Millar, a spokesman for accountant Arthur Young and Co, said. He said the court heardReuter - 160 words
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PORT SIDES
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Article84 1986-02-19 17 Reuter STATE-OWNED Chinese Petroleum Corp, CPC, will order a 100,000-dwt tanker this year from China Shipbuilding Corp, a CPC spokesman said. He said the tanker is expected to cost about NT$l.2 billion but gave no details. CPC will gradually replace its fleet of 13 old tankers,Reuter - 84 words
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Article70 1986-02-19 17 A P wins barge order A NON-PROPELLED barge worth some US$3 million has been won by Austin Pickersgill of UK. The order was the first since Austin Pickersgill came under a new management company, North East Shipbuilders. The 21,000-dwt barge will be delivered to J P Knight (Offshore) in December.70 words
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Article1139 1986-02-19 18 APART from several coal fixtures to Europe, chartering proceeded slowly on Monday on the London freight market. Grain interests managed to reduce further the trans-Atlantic rate, with Bunge securing the Alexander at US$6.5O (Ho) for a 56,500-ton shipment from the US Gulf to Europort after Feb 20-25 loading.1,139 words
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527 1986-02-19 18 Fairplay A HEATED ARGUMENT has arisen between the conference carriers, shippers and container leasing companies on the North Atlantic. The argument is interesting in itself but is even more intriguing as an illustration of why conferences generally tend toFairplay - 527 words
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607 1986-02-19 18 AP A GOVERNMENT inquiry into the sinking of the Soviet cruise liner Mikhail Lermontov got under way yesterday amid disputes between New Zealand and Soviet officials over who was at fault. Soviet news broadcasts appeared to blame the New ZealandAP - 607 words
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Article814 1986-02-19 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 5 ANL 1 1/2 A PC Line V 4 APL HI 2/3 ASCL III 1 Bolt-Canada Line VI 4/5 Bait-Orient814 words
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271 1986-02-19 18 A NUMBER OF NEW services has been introduced by the Coast Station to provide more efficient communication to the shipping community. A ship to shore paging service is now available. This allows ships' radio officers at sea or in port to request the coast station271 words
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Article73 1986-02-19 18 Reuter THE SOVIET UNION is to set up a special commission to investigate the sinking of the cruise ship Mikhail Lermontov off New Zealand on Sunday, the government daily Izvestia reported. The British Broadcasting Corporation, quoted the newspaper as saying: "The cause of the accident and theReuter - 73 words
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Article111 1986-02-19 18 PAN ASIA Shipping Company has taken delivery of a multi-purpose vessel, the Ezz-EJdin Refat. The 7,402-d wt vessel with a container capacity of 249 TEUs was built in Germany in 1978. Pan-Arab Shipping is also in the process of acquiring its sister-ship, which will111 words
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200 1986-02-19 19 Kingsley Wood - Kingsley Wood THE 27,371-dwt Greek freighter Janice L, loaded with 25,000 tonnes of wheat for Russia, escaped from Sydney to beat repair bans imposed by maritime unions. Janice L was loaded and ready to sail on Jan 31 but the owners did not reply200 words
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452 1986-02-19 19 Kingsley Wood - Kingsley Wood THE GOVERNMENT appointed task force which has reviewed Australia's liner shipping arrangements (or the last 18 months has recommended that the conference system continue In the Australian outbound trades. It said that while such arrangements were intrinsically anti-com-Betitive, they could provide be452 words
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302 1986-02-19 19 AP CHINA WILL transfer the management of the Shanghai and Dalian ports to local authorities this year to improve the ports' efficiency, the Chinese vice Minister of the State Economic Commission said. Zhao Weichen made the announcement at a nationalAP - 302 words
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224 1986-02-19 19 Lloyd's List THE NORWEGIAN Seamen's Union plans to mount a two-pronged attack on the United Nations' ship registration treaty signed in Geneva. The union claims the pact will do nothing to curb flagging out of Norwegian ships and could accelerate the country'sLloyd's List - 224 words
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Article160 1986-02-19 19 MR CALVIN S Hatch, chairman of the Clorox Company has been elected as a director of American President Companies. The election has increased the number on the APC board to 13. Mr Hatch is also a director of the First Interstate Bank of160 words
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Article664 1986-02-19 19 AFP DEPRESSED rates and poor enquiry In the grain sector continued to dominate the freight market last week. However, rumours of a number of period bookings suggested the bottoming out of the recent fall in rates, and coal fixings in the Far East enlivened the market there. OnAFP - 664 words
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Article4705 1986-02-19 21 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. Advanced dates are published at a4,705 words
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Article856 1986-02-19 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Mcoma 633N 19 2.86 1700 Bakke S«me Fl 0800-0900 Wl Jenknk 6/86 19 2.86 2000 Thong Soon Fl 1100-1200 B6 Hoog Pioneer 17 19 2.86 2300 US856 words
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Article553 1986-02-19 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Alpria Cosmic K9 Jardme alongside 19 2/1500 Equator 3 K22 Thong Soon alongside 19 2/0200 Jenson 4 K23 Thong Soon alongside 19 2/0100 No 6 Donom K2I NAPL alongside 19 2/1200 Sri Phensinn K32 Foong Sun alongside 19.2/0600553 words
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Page 17 Advertisements
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Advertisement741 1986-02-19 17 ImdiIHTS v >i ;< M 1)h >11,1] Concise Comprehensive Contemporary *lS«shops ami newsage^__J |tU7 T OOCL Orient Ovhqeai Cmtcumi Line STRAITS tUROPf FXPRfSS SFRVICf KOKJM CHANCE 25W SEWN SUS BHDS MR met TOR 37W CI. TOKYO 3D CHNA COMTAMER 34* CJ. PARIS 4W I'daa FttMM HWg BTmwMwii 13/3 15/3 20/3741 words
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Advertisement60 1986-02-19 17 mm A HEATED ARGUMENT has arisen between the conference carriers, shippers and container leasing companies on the North Atlantic. Pag« II THE AUSTRALIAN government appointed task force has recommended that the conference system continue in the outbound trades. Pag« 111 Index to advertisers II Shipping Schedules VIII London freights II60 words
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Advertisement916 1986-02-19 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead forewarned will be forearmed $22.00. THE BOOKSHOP MAERSK LINE FAST TRANSIT TO MIDDLE EAST 8 DAYS ■NGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS P«nang Vnml Voy S*916 words
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Page 18 Advertisements
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Advertisement486 1986-02-19 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder Vil FK MONTI CRYSTAL Sid KB ACE 21/2 FHtT ACE 3/3 GLORY ACE 10/3 Pacific South West Pacific North Wast Feeder at Tokyo Feeder at Kobe Mother VSI LA/LB OAK Motfw VSL SEAT VCR ZEELAIOA 22/3 25/3 i. ALLIANCE 24/3 25/3 I.486 words
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Advertisement236 1986-02-19 18 Supercarrier Service 5/4 12/4 5/5 12/5 »/5 12/5 15/5 22/5 NEXT ARRIVALS TOURCOMG 26/2. BAfittß TOBA 7/3. BARKR TAMPA 27/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Ah* »ct«pton cofrs t» H*usl*n (MLB). Francoc* Oakland Slacttn aad San Off* w I Uttfkl. TO: CARIBBEAN CENTRAL AMERICA ChattitM m236 words
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Page 19 Advertisements
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Advertisement930 1986-02-19 19 The Straits Steamship Group nM STRAITS SHIPPING C* Singapore to Sabah, Sarawak, flhlkßrunei Ports and Bangkok CONTAINERSHP SERVICES TO/FROM BANGKOK H -s ire China Navigation Co. rau cowmkr somce to prpmr at* ports 1 mm Mansfield Container Shipping Re Ltd Overseas Containers Limited fcONT AINERSHIP SERVICE TO UK/CONTINENT AOMOON MT930 words
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Advertisement569 1986-02-19 19 Franco Belgian Services f&j .it I ~w tr. n, h >.-r» >« ilh in ,r h ,-r. rii »i.■«. (MEMBER OF ACE CONSORTIUM, SINGAPORE ENOUIRIES *****44 CFS *****41 Terminal *****41 Op torg Shipping Pte. Ltd tEL M A W EMPRESS 'Nt AS UApr VAS V M»GfM %AS .ARGENTINE N- T(569 words
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Page 20 Advertisements
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Advertisement903 1986-02-19 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carria|e to Scaminavia, Med, Carribean IS. America Hand haulage to inland destinations in Europe EBia tuluwn Bunkering i S'pvt PReianf Panan( ItiiMiHbM Genoa Ww| Mm Bharen A«erp 19/2 21/2 23/2 19/3 31/3 27/3 24/3 U/3 14/3 IC/3 19/4 13/« 17/4 11/4 (1/4) 19/4 5/5 14/5903 words
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Advertisement1345 1986-02-19 20 /jff Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** &RS ***** ft. I AS'll RN CAR I INI R. 1 I'D. Specialist in RO/RO Servic Accepting heavy-Sfts upto 80 K/Tons Sailings from Japan Sp»« PKfUnf Kadaif Mura M SEKI NAGOYA *37 22 F«k 24 fck1,345 words
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Page 21 Advertisements
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Advertisement311 1986-02-19 21 AUSTASIA LINE AND MERLION SHIPPING AGENCY Sib BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL FIJI aramt bay SU JM> 7 H» AUSTRALIA STM 1 It*311 words
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Advertisement104 1986-02-19 21 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 I I 111 All SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service OS104 words
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Advertisement719 1986-02-19 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTMENT HMI B-HAKNRDAM HAMS STON PKQANG STORE ft* City $1 [M»|t Sale* SaM M SaOa* Sal* 19/2 20/2 WC. TUN Frarttot Eiprns M M WIM 1M 28/2 WG. TDM Taka Eiprew M SjM SaM ]<M SaOrt 8/3 7/3719 words
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Advertisement551 1986-02-19 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE EXPRESS SEMI-C WEST BOUND STONE a hessei h rt NATMMT VI4NB SWINJAYA VIHB STOK BUM 28/2-2/3 24/3 12 15/3 11/4 20-22/3 31/3-2/4 21/4 ADAM/tIMM 14/3 MODI CDMA/AHAM/UK ITBUtG 27/3 29/3 1/4 15/4 17/4 23/4 7/4 9/4 12/4 1/5 3/5 5/5 ALSO ACCEPTBK BOTH CONTWUS CONKNTIOHU551 words
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Advertisement363 1986-02-19 21 BOUSTEAD SHIPPING AGENCIES Bassan ¥76* Pagan V96W Htoneywa V2O9N Pa-an V92W Pagan V97W BURMA FIVE STAR (Burmese National Line) Loadmf for Ranjoon Spore P.KeUnj Pe 21/22 Feb v 23/26 Feb 5/7 Mar 10/12 Mar 15/17 Mar \A BANK LINE •CRESTBANK SPORE R'DAM HULL HMBG 24 Feb TAUSALA SAMOA 16 Mor363 words
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Page 22 Advertisements
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Advertisement1246 1986-02-19 22 K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA ATLANTIC COAST (Round The World Service) OCEAN LEGEND VI NEPTUC CONCORD V 9 HONGKONG CONTR V4B/NEPTU* JADE VI OMENTAL GOVERNOR V 25 PACIFIC COAST (Including DESTINATIONS INLAND vU IPI MICROBRIDGE A MINILAND BRIDGE) FEEDER/ FRE MANTLE BRDGE Vl9 CHMA CONTAMER V33E MOTHER1,246 words
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Advertisement512 1986-02-19 22 f (Jj AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Also Accepts Free Sydn Ma? 4 May AM Bra Md/Bm AM/Bm Adai/Mn INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers "CALABAR' 21 Feb 21 Ft* Madras/TdeM/IMMto/Cataßta BHARATEMW' 13 Mar tak)/MWCMI RAMDAS II Mar tsuam* 20 Me Maeas/TdeM/ltal*a/Catadta IA WAS 23 Me MaMa»/>'deM/Ha>aa/CafcMta512 words
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Advertisement598 1986-02-19 22 GOLDEN LINE GUM GUM SWUNG (PTE) LTD 23. W »r«f Stmt SMGAFOK 0104 TEL 534 mi (It IMS) STRAITS/PERSIAN GULF SERVICE: GOIOEN NOME* Colombo Karachi Must at Dub» 2t f* eaocn cm Colombo Aar »d* Dubai B*rain N/24 PAeUng Penang CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CMNA598 words
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Advertisement498 1986-02-19 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa 1 P'azj Singapore 0207 Tel *****1 1 11 0 Lmesl I* i BREAKBULK SERVICE TO EUROPE/UK P PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI ■tour ia Fa service mbou-east rati FAR-EAST PUT red sea ran498 words
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Page 23 Advertisements
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Advertisement616 1986-02-19 23 NOL NEPTUNE ORIENT LINES LTD Agenti S port NEPTUNE AGENCfS PTE. LTD 18 No office Tem»al CFS BOO*ICS *****77 FE EU/MIST TPA/SEA *****77 *****22 *****53 OROBECT IKS *****53 *****42 I Bahru HARPER mk SDN B» ?*lOO P Kelang HARPER NVtA SON. BHD *****1 *****1 p u u HARPER VMRA SON.616 words
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Advertisement403 1986-02-19 23 DONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON i.* WTS NIPIUW AGtNCItS Pit 110 Tel *****/; ?/BS4}4 ißookmjsi ???/SIO 1 ?0?? lOperalKKiM 7 "*****4 (Ifirrwul) *****04 (CIS) Ml mil •<„( NTS I UNAS SHI* SDN BHO Kt lei PH IH *****4 PfN Irt403 words
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Advertisement737 1986-02-19 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone timbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG POUNG M/S SHARK*! NAN SOON SON. BHD. IST AND 2NO FLOOR. KSSKS HAI THONG SMPPMG 127 Penang737 words
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Advertisement111 1986-02-19 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Road #06-01, Ng T»ow Yhee Bldg S pore 0923 Tel 235 8444 |4 linns) Port Kflanj lija Pma Shipptng Sdn Bhd lei Oi 3890. 4 b Penang Malaysia Irad* Transport ltd If l 04 61'893 Pasir Gudang Malaysian111 words
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Page 24 Advertisements
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Advertisement369 1986-02-19 24 I REGIONAL CONTAINER LINES TO SOUTH THAILAND (FORTNIGHTLY) VESSEL VOY I STOW lIW.VT'M 1 BFTM 'TTM EMCSIECTI!3B?3i| lIMII "BIIIIHi IFBUI r [rrr Bi 'l MALACCA STRAITS FEEDER SERVICE (WEEKLY) |mB lEuranEß Inpni n etei I Also iccepbnf LCI (tmuhjpwwM and bca<) for PK/fNG AGfrMS PORT KtIANG FARYS MARITIME SERVICESSDN BHD369 words
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Page 24 Miscellaneous
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Miscellaneous164 1986-02-19 24 Weather 8 V v -<. ■<y M ol W. 1 a v S3 £5 K£ 5 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. </*' Wind direction with speed m knots Wove height LEGEND Te Te f ome e r Section with speed m k Ro n Wove164 words
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Page 25 Advertisements
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Advertisement130 1986-02-19 25 MSC AGENCf S K. LUMPUR P. KELANG PEHANG P. GUDANG J. BAHARU LEOSHF SPORE 242S0SS/*****56/*****45/*****93 *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE Wl 10 EUROPE FIEDE* 11 11 JiiLJI FTTM PTM| 11 .1 ■■m F7TIM 11 ml 11 J'lPlßll 11 ic. -»fTf rma n"i/'"-Trymnil130 words
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Advertisement144 1986-02-19 25 BATAM. DIIMAI, PEKAN BARU REGULAR SERVICE Vesset ETA ETD Loading tor GUNTUNG JAYA In Perl 19 Feb Dumat/P Baru GUNTUNG JAYA BARU In Port 19 Feb Sekupang/Dumai BINTANG TERANG In Port 21 Feb Batam General Agents Dumai Shippaif Pie Ltd.. 7SOO-A Beach Road #06-306 The Plaza. Singapore 0719 Tel: *****29.144 words
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Advertisement351 1986-02-19 25 GLORY NAVIGATION GROUP TAIWAN TO SINGAPORE I ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* STORE PIELANG PEJMNG POUNMK BEL A WAN G SCLATAN 5 V3S SaM 2S/1 27/1 30 1 G SO.ATM 24 SaM 6 SELATAN m ¥27 Sated 5/2 9/2 G SLAT AN M ¥-32 Sated hhrt351 words
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Page 26 Advertisements
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Advertisement506 1986-02-19 26 »nmwn c T?MK\n Exwtss conventional service TO AND FROM UK/CONTINENT TO: EUROPE Tt MAN STOK 21/23 Fit hU PKELANG rCNMB 25/24 Fib 27/3 Ma FROM EUROPE: POMNC P KHARS STOK BKK FRO* BENIMMS 4-5/3 6-7/3 M/ 3 11-14/3 KM. »W AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYS MARITIME SERVICES506 words
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Advertisement383 1986-02-19 26 CHINESE-TANZANIAN JOINT SHIPPING COMPANY Regular Conventional Service from S.E. Asia to Red Sea^Mediterranean. VESSEL BIT SGP MDONESM SABAH LOADMG FOR. Ruvu 1976 21/2 Sated In« HodWdafc Atexamkia Shunyi 1979 25/2 DSM/Ktonajw/PSudan hnfju 1977 15/4 20/4 2S/4 Hodadah. Mdall. Aiexamtoa *Port Said, Aden and other Mediterranean ports subject on inducement. General383 words
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Advertisement625 1986-02-19 26 C.Y. LINE (A M«mb*r Of Th« ACE Consortium) CHO VANG SHIPPING CO. LTD FU.LT CONIUOBED SOVKX 10 CUMK («U SUEZ) S'p«« LcHantt Man Fitan HVf| Bram ROMAN CHANCt 25* ki ft 10/3 11/3 13/3 15/3 U/3 SHEN SMS BMW MM 21/2 17/3 11/3 2«/3 22/3 23/3 mUTM 37* 5/3 24/3625 words
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Advertisement815 1986-02-19 26 Everett Lines! COMPANA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading tor Callao Mataram. «o and ad other Penman ports wtn transtacment at Kobe On CPV Through Bills ot Ladm| to tinal destination MANOLOEVERETT joscvektt MURRAYEVERETT 28/21 Feb Settee+ G4nJ(2O/19 Feb 1/3 Mm 13/14 Mai 1® MANOLOEVERETT MHNEVERETT murrayeverett "EVERETT815 words
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Advertisement338 1986-02-19 26 ZIM axm JAM 11AM 12AM UAM 7AM 17.4Jt 21.4J1 22AM HAM JAM UAM 21AM 22AM MAM 19 AM 2tAM IS Jt 3iM iSM 21AM tiM UIM IliM IS.iM ZIM EIAT CONTAINER LINE CTO PC MX IB 01 a/3 m/ 3 a/3 a/3 a/3 a/3 MB 14/3 a/} 1/4 t/4 1/4338 words
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