The Business Times, 11 December 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, DECEMBER U, lttt 75 CENTS
    12 words
  • 253 1 STOCK MARKET IT WAS A lethargic day at the Singapore stock exchange yesterday characterised by a lack of buying interest and very narrow price movements throughout the day. The market closed on a mixed note. At the day's end, the BT Composite Index was down by 0.61
    253 words
  • 581 1  -  Malaysian businessman to acquire 50pc stake By ELAINE KOH THE EMPORIUM GROUP has found a possible rescuer in Malaysian businessman Ch'ng Poh, whose two Hongkong companies signed a preliminary agreement yesterday to acquire 50 per cent of the retail group. If the deal goes through,
    581 words
  • 818 1  - Government offers $20m tax incentives for tourism By LIM SOON NEO TAX INCENTIVES for investments of at least $20 million in tourism projects are being offered by the government in an effort to draw private sector funds into the development of the tourist industry. It hopes these fiscal goodies will
    818 words
  • 369 1 and plans to bring back the sparkle to Raffles Hotel RAFFLES HOTEL is a national treasure which should be restored to its former splendour and turned into the "crown jewel" of Singapore's tourist industry, in the government's view. The planners want to see the hotel pushed up-market, with the public
    369 words
  • 54 1 MBf HOLDINGS Bhd's managing director Datuk Loy Hean Heong is challenging a M 56.39 million suit filed against him and two of his personal companies by a former director of MBf Finance Michael Tan Yeow Khoon. He is also seeking legal advice on whether the suit
    54 words
  • 430 1 Reuter A TEAM from the International Monetary Fund visiting Japan has expressed concern that the recent sharp rise in Japanese land prices may be an early warning sign of inflation. The delegation noted that Japanese monetary policy now was very finely balanced between
    Reuter  -  430 words
  • 124 1 Reuter THE JAPANESE GOVERNMENT must take drastic measures to expand domestic demand as moves already taken such as a lower discount rate and a supplementary budget are not enough, Japan s federation of economic organisations. Keidanren, said yesterday. Keidanren vice-chairman Ichiro Isoda said in Tokyo
    Reuter  -  124 words
  • 368 1 SHARES of Standard Chartered Bank jumped 16 pence to 811 pence in London yeelsrday amid strong indications that Khoo Teck Puat had sold his 6.28 per cent stake in the company. The rumoured buyer is Robert Holmes a Court the Australian
    368 words
  • Page 1 Advertisements
    • 23 1 Cassette Receiver M 3 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****22 Kuala Lumpur: Phone. *****33 Phone, *****5/*****1 Jakarta: Phone. *****5 }]<-~'+}<<`)\){><]|;;@>.@/'$^\@
      23 words
    • 287 1 More stories, Page 3 Leader and Feature, Page 8 SHARE MFORMATION MONTY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE TV RADIO OUR VIEW CHEERS SHOULD RING OUT, and hats fly In the air at the publication of the master plan for Singapore tourism. For it means more than filing up empty
      287 words
    • 3 1 8m Pag* 15
      3 words
    • 241 1 Rodenstoch Quality before your eyes ft With Hongkongßank's Homelxxaiii-Rayoily interest for iX IS the first 5 ysars. '~23*k* J Only Hongkongßank has a home loan l that's specially tailored to your available I cash flow. nO*J*L IWmm I Like servicing only the interest on your loan I for the first
      241 words

  • HOME NEWS
    • 434 2  -  'Conclusion expected within two months By MARTIN SOONG AN OPTICAL FIBRE submarine cable network is one of the alternatives being considered in a study to find the best telecommunications link between Singapore and Brunei. Pehin Dato Haji Awang Abdul Aziz, the visiting Brunei
      434 words
    • 200 2 US SENATOR Daniel Evans will arrive in Singapore tomorrow as part of an East Asian familiarisation tour. He will meet First Deputy Prime Minister Goh Chok Tong, Minister for Foreign Affairs S Dhanabalan and Acting Minister for Trade and Industry Brig-Gen (Res) Lee Hsien Loong.
      200 words
    • 811 2  -  This is the fourth part of a five-part series by Ning CSde Guzman, executive director of Deloitte, Haskins Sells Management Consultants. It discusses how to get onto the Stock Exchange of Singapore Dealing and Automated Quotation system (SESDAQ). Because of its length,
      811 words
    • 280 2 WORKERS' PARTY leader J B Jeyaretnam last night called his disqualification as an MP "a matter of regret", hours after he was released from prison. According to him, Parliament should have postponed announcing his disqualification until the outcome of his application to
      280 words
    • 161 2 A NEW $1.6 MILLION machine which can remove kidney stones painlessly and almost without risk is to be installed by the Mount Elizabeth Hospital. Called the Edap kidney lithotripter, the machine is different from other older models in that it uses high-frequency energy waves
      161 words
    • 153 2 THE Children's Charities Association and Apex Club of Singapore (City) are organising a two-day Christmas Fair starting tomorrow. About 34 stalls selling a variety of food and handicraft will participate in the fair. The organisers hope to raise about $100,000 from the fair, which
      153 words
    • Article, Illustration
      379 2 Seminars and courses DURATION Jan 2-23 Jon 3-17 Jon 3-24 Jan 5-6 Jan 5-9 Jan 5-26 Jan 5Feb 10 Jon 5Feb 16 Jan 5Mor 9 Jan 12Mar 6 Jon 15-16 Jan 17 Jan 23 TITIE Monogement Assistance Programme Financial Management Analysis Section leoder Course Statistical Database Monogement Effective Instruction
      379 words
  • Page 2 Advertisements
    • 267 2 P II I I. I P S A I) I) I I N 1 R \1 S N I W I) 1 M N SI ON S I lON M A N A i; \1 I N I i —Jem v:, ■n i <»>* fficiency, you can count on uie
      267 words

  • THE TOURISM PLAN
    • 582 3 Sun, sand or sin the choice is yours THE LION s share of the $1 billion which the government is pumping into the tourist industry will go to the beefing up of what Singapore can offer to the sun, sea and sports fraternity, both local and foreign. Sentosa itself gets
      582 words
  • Page 3 Advertisements
    • 136 3 Leader and feature, Page 8 /v\ 77 11 I tor m t\((/Y;< ni f//> *»/V<: y ■v-> mm < s x Mcrcedcs-Ben/ Sl „«.s II I 011 >/1 Cycle Carnage Industries (1986) Pte Limited TltenewSchss. This is the new Mercedes-Benz 'S' class. Machines that surpass all previous standards of excellence
      136 words

  • ASIA-PACIFIC
    • 460 4 AP JAPAN'S willingness to let American companies share in a major airport project will determine future trade policy by a US Congress poised to act against what it sees as closed Japanese markets. says US Senator Frank Murkowski. Japan should take good
      AP  -  460 words
    • 251 4 Reuter TAIWAN has become the second exporter of machine tools to the United States to agree to curb shipments as part of an American effort to shield its arms makers from dependence on foreign sources, said US officials in Washington yesterday. US Trade Representative
      Reuter  -  251 words
    • 75 4 AFP ALL 4.75 MILLION civil servants in Japan, from Prime Minister Yasuhiro Nakasone down to office janitors, were paid year-end bonuses yesterday. The total amount came to 3.01 trillion yen (about US$lB.B billion). Mr Nakasone topped the government's executive rank in the twice-yearly bonus payment at
      AFP  -  75 words
    • 368 4 AP THE COMMANDER of the US Pacific fleet yesterday described the Philippines as crucial to American interests in the Pacific region and said there were "no good alternatives" to the US military bases there. Admiral James Lyons said the Philippines was "the key to the
      AP  -  368 words
    • 238 4 AP AMERICAN and Philippine officials have ended two days of trade talks with a pledge to continue finding ways to expand Philippine exports to the US and American investments in the Philippines. US Under-Secretary of State for Economic Affairs. Allen Wallis, said the talks
      AP  -  238 words
    • 181 4 Reuter AUSTRALIA'S Foreign Minister Bill Hayden said yesterday his country places prime importance on its security relationship with the US, and New Zealand cannot expect Australia to be a substitute security partner. Mr Hayden, in New Zealand (or a four-day official visit, said
      Reuter  -  181 words
    • 178 4 AP THE MINISTRY of Culture should study the possibility of giving China's four special economic zones more autonomy in cultural areas, China's leading newspaper quoted a senior Culture Ministry official as saying. Culture Vice-Minister Gao Zhanxiang said "more tolerant" cultural policies should be
      AP  -  178 words
    • 774 4 ARRIVALS Operator Sorvico Local From number Hm« OA OA472 0015 SYD/MEL UA UA805 0010 SFO/HKG SIA SQ11 0125 LAX/N8T SU SQ416 0655 DAC/CCU MAS MM681 0820 Km MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950 KUL AC AC858 0950 YY2/LHR/IOM CPA 0(710 1015 CGK
      774 words
  • Page 4 Advertisements
    • 151 4 AFRICA Every Sunday at 10.25pm, Air Mauritius flies non-stop from Singapore and arrives in the heavenly garden isle of Mauritius in the Indian Ocean early Monday morning. Later the same day we fly on to Southern Africa arriving that evening. It's the only sameday, same airline connection to Southern Africa.
      151 words
    • 129 4 LONDON The business person's choice, every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Heathrow at 06:45 hours the following morning. Call Air Conoda at *****55 or your Travel Agent. Effective thru 31 Jonuory 1987. AIR CANADA 0 k. r 0 I w tfefcfi
      129 words
  • Page 4 Miscellaneous
    • 33 4 BY GARRY TRUDEAU YOU UP YET* rTSYOUK WIFB. iUBLL, HAS HOLD ON, H5 COMB IN tLLGiBCK. YST THIS 1 JUST GOT MORNING? HSRS MYSBLF. n \k <* s I SE m Ltf 3? -A
      33 words

  • REST OF THE WORLD
    • 447 5 Reuter THE US ECONOMY is likely to enjoy continued but moderate growth in 1987, according to the latest semi-annual poll of purchasing managers at 250 industrial companies by the US National Association of Purchasing Management. By a margin of more than three to one,
      Reuter  -  447 words
    • 191 5 UPI UNITED NATIONS secretary-gen-eral Javier Perez de Cuellar has called on each country to build its national human rights system to ensure "unimpeded exercise of fundamental freedoms". Mr Perez de Cuellar said in a statement marking the 38th anniversary of the Universal Declaration
      UPI  -  191 words
    • 373 5 Reuter EUROPEAN COMMUNITY (EC) research ministers have failed to agree on how to pay for a key research programme designed to help Europe's industry fight competition from the US and Japan, said diplomats in Brussels yesterday. After almost 17 hours of talks in
      Reuter  -  373 words
    • 301 5 AP EUROPEAN COMMUNITY interior ministers, with Greece dissenting, have agreed on which countries have been the main sponsors of terrorism in Western Europe. But British Home Secretary Douglas Hurd, who announced the agreement among 11 of the 12 ministers meeting in London on Tuesday, refused
      AP  -  301 words
    • 146 5 UPI AMERICA'S move away from high-paying manufacturing jobs towards low-wage service industry employment means the US may be on the verge of losing its middle class. According to a study commissioned by the Congressional Joint Economic Committee, while total employment grew by more
      UPI  -  146 words
    • 245 5 Reuter A MAJOR US BANK, First Interstate Bancorp (I) of Los Angeles, has proposed that Peru repay it about US$5O million of debt with goods. A bank official in Lima said on Tuesday that the bank's trading subsidiary had been holding talks with Peru since May
      Reuter  -  245 words
    • 154 5 Reuter THE SWISS GOVERNMENT has rejected a legislator s call for urgent measures to ensure that traditional Swiss bank secrecy does not encourage the flight of capital from the Third World. A Finance Ministry official in Zurich said on Tuesday that the government
      Reuter  -  154 words
    • 443 5 AP ONE COMPANY wanted to trade coffins for bulldozers. That deal fell through, but Caterpillar Inc has bartered its machines for men's suits, timber and hotel rooms as it tries to make money in a changing market "It's really going back to the caveman era,'' said
      AP  -  443 words
  • Page 5 Advertisements
    • 161 5 CHRISTMAS AT eTaime More than a tradition., a unique opportunity. v•t: V* >5 f> => 1 235 w- A3 IIjBOO Alls 39© A *****0 fj f V2t A *****0 AlB $650 A *****0 T*fw. A *****0 A19»330 L 7 A 22 $360 A 23 «330 *1 Id *4 V r»
      161 words

  • BANKING AND FINANCE
    • 301 6  -  By AMY BALAN ONE OF THE WORLD'S largest banks, Dai-lchi Kangyo Bank, is tapping the Asian Dollar Market for US$5O million through the issue of fixed rate Negotiable Certificates of Deposit (NCD), the first of its kind in Singapore. Dai-lchi Kangyo Bank, a
      301 words
    • 104 6 TERMS and conditions of DBS Bank's US$lOO million convertible bonds, launched last month, were settled yesterday by the bank and lead manager Daiwa Securities. Conversion price on the 15year convertible bonds due 2001 has been set at $$9.05 per DBS Bank share, while the
      104 words
    • 113 6 Westpac paints bleak outlook for Aussie Reuter THE LONG-TERM OUTLOOK for the Australian dollar appears negative despite an improvement in market sentiment in recent weeks, according to Westpac Banking Corp. The change in sentiment followed renewed capital inflows which had provided increased stability, Westpac said in its weekly market commentary.
      Reuter  -  113 words
    • 76 6 Reuter THE LAUNCH of Swiss interbank clearing, an electronic same-day clearing system, will be delayed until early 1987 and possibly until the second quarter of the year because of technical problems. The system was originally due to have come into operation last June but start-up was
      Reuter  -  76 words
    • 364 6 Reuter THE JAPANESE Finance Ministry has given the go-ahead to the London International Financial Futures Exchange (Liffe) to list a yen bond futures contract. A ministry official said Liffe could prepare a yen bond futures contract in line with that
      Reuter  -  364 words
    • 182 6 Reuter THE BANK OF JAPAN will buy from financial institutions the estimated unsold 10 per cent of the gold coins issued by the government to mark the 60th anniversary of Emperor Hirohito's reign. A Finance Ministry official said about 67,000 institutions acted
      Reuter  -  182 words
    • 870 6 SINGAPORE: The US dollar closed mixed yesterday against most major currencies, after fluctuating within a narrow range in a day of thin trading. Most operators were reluctant to create fresh positions due to the absence of fresh factors with activity mainly confined to some buying and short-covering, which
      870 words
    • 177 6 Interbank rates at 3pm yesterday: •M Otar pm portly •tango Local dollars to on* untt of foroign currency: US dollar 2.1920 2.1930 ***** •22.26 Storting pound 3.1225 3.1261 7.3469 -5740 AuOraftar doHor ***** 1.4320 3.4286 -5842 HZ doNar 1.1036 1.1063 ***** -6741 Canadian dollar ***** ***** ***** -53.45
      177 words
    • 294 6 HONGKONG: The metal closed slightly firmer in fairly active trading yesterday mainly on local bargain hunting. Buying followed the lower New York close but the market was cautious ahead of today s Opec meeting in Geneva. Bullion ended at U*****.40/90 an ounce against New York's U*****.60/387.10 close and
      294 words
    • 349 6 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at opening levels in quiet trading. Activity was slow the whole day as most operators were sidelined ahead of the announcement of US Treasury December refunding programme which begins next week. The market was also awaiting today's release of US November
      349 words
    • 264 6 UPI THE BANK of England is strengthening it supervisory staff to cope with the rapid changes in banking practices, including bigger loans and the revolutionary changes in the London stock market. The central bank's supervisory division had a staff of more than 150 "and
      UPI  -  264 words
    • Article, Illustration
      116 6 THE OVERNIGHT rate oqT the Singapore interbank" market closed at 2-1/4 cent yesterday, unchanged from Tuesday's close. The term rates ished 1/16 point higher at--3-7/16 each. prtww j ■»lalfl nrtWNM)< 11 r S$ Interbank rates at 7pm yesterday: Offer Kd Q ul l M 2 1/4 3 >/•
      116 words
    • 611 6 BA Futures MARCH Eurodollar opened unchanged at 94.04 yesterday and traded narrowly between this level and 94.02 in the morning session. An absence of fresh economic news and a lack of dealing interest towards the year-end resulted in a very quiet market. Liffe opening saw prices a touch weaker
      BA Futures  -  611 words
  • Page 6 Advertisements
    • 141 6 MONT BLANC THE ART OF WRITING m W m 7 jf/, -7 m M 'A Its k MONTBLANC THE ART OF WRITING „ME!STERSTUCK" the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect
      141 words

  • WORLD BACKGROUND
    • 946 7 Fears that trade conflicts may degenerate into political crisis AP THE United States and Western Europe are familiar partners in world commerce. But they are finding it harder to stay in step as the trading floor grows more crowded. In the past year alone, they
      AP  -  946 words
    • 605 7 AP ONE YEAR AGO, Opec announced a switch in tactics that triggered the biggest oil market slump in history, completing the cartel's slow surrender of the power to dictate oil prices. Today, the cartel leaders return to Geneva to debate ways of
      AP  -  605 words
  • Page 7 Advertisements
    • 140 7 A first class hotel at an affordable price. The Shangri-La Inn Penang brings to the heart of Georgetown a standard of service never before seen in Penang. Its 426 guestrooms and 16 suites feature the finest in amenities. And heing centrally located in the heart of Georgetown it is the
      140 words
    • 333 7 On great little helpers From one Chief Executive to another r>, f i U, »K. gik~ <N A PT V/' y I run, what you would call, a global gifts and- greeting company (we' re a bit older than Hallmark). IPIUI 1 4 ho-ho' all the way from Times Square
      333 words

  • FEATURES
    • 490 8 ONE BILLION DOLLARS is a lot of money to spend on assisting hotel owners who took a straight commercial risk that turned sour. Neither the construction, shipbuilding, property nor banking sectors have gained from such help with their respective problems, although their individual contributions
      490 words
    • 1607 8  - Tourism avoid quick-fix solutions Consultants suggest fine-tuning what Singapore already has Don't look for quick-fix solutions, refine and polish what Singapore already has, provide a sense of place to Singaporeans and capitalise on Singapore as a modern city rather than as an exotic, tropical paradise, suggests a team of consultants
      1,607 words
  • Page 8 Advertisements
    • 102 8 PREMIER LAUNCH Tele Shipping International ANY SHIP ANY PORT ANY TIME INSTANT SHIPPING INFORMATION SERVICES Operated in Singapore Malaysia By: OA BUSINESS SYSTEMS PTE LTD OFFICE AUTOMATION SDN BHD via OA LINK Computer Network INSTANT COMPUTERIZED C ONSOI MART INSTANT ENQUIRY SERVIC E CONVENIENCE CARGO/FREIGHT RATES MART SEARC H SELECT
      102 words
    • 31 8 ■o-fc i as kWV\\W\»l..I 6 What was once one of the world's great hotels is now a wasting asset. Comment on Raffles Hotel not living up to its distinguished international reputation.
      31 words
  • Page 8 Miscellaneous
    • 650 8 DON'T FORG6T, TOPnORROU) UXDRIC u)£.'tfr MOLDING tmc BRiePCASfc BRidifttPNft > 'k Fiu_ NOWR BRiCFCASe UJIfH PNyTHING you uiftMT TO SG.U. BR.ING IT TO V WORKT&rnoRROu). J CuetflCPlL £QUIVf\L£NIT OF CAR Boor SRLS u mmmtm 12 13 26 27 CRYPTIC PUZZLE ACROSS 1 Prepared to be kissed? (6) 7 Scores of
      650 words

  • SPORTS
    • 465 9 Reuter, AP JET LAG may be the toughest opponent facing West Germany's Wimbledon champion Boris Becker as he returns home to defend his Young Masters title. Becker was scheduled to go on court yesterday for his opening match less than 48 hours after his
      Reuter,; AP  -  465 words
    • 270 9 UPI NEW YORK CITY marathon officials, who recently announced the disqualification of this year's second-place finisher, has disqualified 24 other competitors for cheating in the November race. Those disqualified on Tuesday, including three of the top 100 finishers in the men's division, did not pass
      UPI  -  270 words
    • 448 9 Reuter TRAINED to perfection, he looked and behaved like a champion from the moment he appeared on the track though an occasional swish of his white-tipped tail did suggest a growing restlessness during the pre-race parade. But in a shade over 42 seconds
      Reuter  -  448 words
    • 418 9 AP ARGENTINA'S victory in the World Cup was a runaway choice as the top international sports story of 1986, according to an Associated Press poll of editors around the world. The Argentines' domination of soccer's world championship, capped by a
      AP  -  418 words
    • 252 9 AFP ASHLEY jOHNSON dropped his second goal of the match two minutes from time to clinch Oxford's second successive win over Cambridge University in their annual rugby match at Twickenham, London, on Tuesday. Johnson, who played for England students against Japan earlier this season,
      AFP  -  252 words
    • 238 9 AP BRITISH golfer lan Woosnam has been barred from defending his Kenya Open golf title because he played in a South African tournament last week. "We will not issue him an invitation in view of him having played down there," Mike Herbage,
      AP  -  238 words
    • 85 9 AFP BRITISH Open champion Greg Norman dominated the 1986 Sport Australia awards which were presented in Melbourne on Tuesday. Golf's so-called Great White Shark, 31. who is now based in Orlando, Florida, won the male athlete-of-the-year award and was also voted Australia's most popular sporting personality.
      AFP  -  85 words
  • Page 9 Advertisements
    • 140 9 I ORDER FORM Yes, I would like to subscribe/renew Please send the magazine to the following address Nome: Address: Company: Designation: Enclosed is cheque/money order no: for $49 00/J71.25/J64.75. Cheque/money order should be made payable to Times Periodicals Pte. Ltd. Please send the form to: Subscription Dept., Singapore Business, 1
      140 words
  • Page 9 Miscellaneous
    • 1079 9 TO sm mm Written by John Dixon and directed by George Miller, this drama tells the real story of Australia's fighting forces overseas in World War 1. Andrew Clarke plays Martin Barrington, a wealthy grazier's son, who joins the new Australian imperial army. The series is fundamentally about a small
      1,079 words

  • INTERNATIONAL STOCKS
    • 324 10 AFP SPECULATION is rife that a rival suitor might top publisher Rupert Murdoch's Asl.B-billion takeover offer for the Herald and Weekly Times (HWT) media group. Herald and Weekly Times stock jumped a further 45 cents to 12.85 a share on Tuesday well above
      AFP  -  324 words
    • 157 10 Reuter STANDARD CHARTERED PLC is buying a 12.7 per cent stake in Abaco Investments PLC. a property investment and financial services company. Abaco. which is also to acquire UK estate agent Hampton and Sons for up to £15 million, said on Tuesday that
      Reuter  -  157 words
    • 405 10 Reuter WALL STREET stocks closed lower on Tuesday in light trading as a general lack of conviction about the health of the economy and subsequent direction of interest rates gave rise to some more broad profit taking. The Dow Jones Industrial Average fell 13.36 to
      Reuter  -  405 words
    • 129 10 DEC M Abitibi C$ 26 Imp CMI Cl A. loco Int Prov Pip# lu intt 47% 16'/. 39 15% A loom* St) ...11% 11 y. Bank Nova Scotia Bank Of Montreal 17'A 33% unch McMil Bk3l 42% 22% i-% Moora Corp 29% unch Noranda In 20'/. Norlhgata Exp 6
      129 words
    • 173 10 DEC M Tongaat 730 unch NAMO Truat Bk 130 unch Un Staai MOWS' A Alpha T1HALS Wooltru 1600 IDS -100 Abarcom unch 150 6700 -25 Aacl Angvaal *****6 400 JSJT 09 4790 Blyvooc BufMi 2200 6150 unch -50 Barlow* 1840 -60 1775 CQ Smith 2900 -50 Cons Gold 4225
      173 words
    • 594 10 DCC 09 US IAlcan Alumin Alcoa Allag InD Allied Stg Aiiiad Storaa Allla-Chalmars Am Brands Inc Am Can Co Am Cyanamkl Am Elac Pwr Am Expra** Am Homa Prod. Am Motor* Cp A max Inc Amarada Haaa Amoco Corp Amr Corp Armco Inc Aaarco Inc All RIcMlak) An
      594 words
    • 855 10 Amsterdam OCC M PLI <■' ABN 547 00 Aagon Ahold seoo 115 20 0.5 Akzo ***** Alranta ***** AMEV 73 80 Amro Bank 94 50 Am Stad 120 10 Bartial 24 SO BOLS 17«.00 Bor*omi| 145 Buahrman T»o»rcxJ« 235 SO Calva 718 Eliaviar 258 SO -01 04 0
      855 words
    • 49 10 Reuter TRAFALGAR HOUSE PLC has agreed to buy from Guardian Royal Exchange Assurance its housebuilding units Broseley Estates Ltd and Frederick Powell and Son for about £74 million by a vendor placing of 30.3 million Trafalgar House ordinary shares at 245 pence per share. Reuter
      Reuter  -  49 words
  • Page 10 Advertisements
    • 646 10 <S'dl] a m Wmmi Js}R» t TREATS M bWVI Teppanyaki Set Lunch at $18.00+ With a choice of beef, chicken or seafood and served with appetizer, rice, soup, pickles and dessert OR 12 different sets of Japanese lunches priced from $10+ to $20+ per set Lunch: 12 Noon-2.30 pm Oinner:
      646 words
    • 136 10 London slocks on Pag* 15 May we introduce you to a most mouth wateringly marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good you'll be tempted to try the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch
      136 words

  • ASIAN STOCKS
    • 319 11 HONGKONG: Share prices closed steady yesterday in moderate trading in the absence of fresh factors. The Hang Seng Index rose 2.24 to end at 2,442.59. The Hong Kong Index rose 1.60 to 1,554.53. Turnover was HKS786.63 million against Tuesday's $748 million. Brokers said profit-taking continued in the wake of
      319 words
    • 234 11 lOCC 10 NT I Kolin 25.00 -03 All Sinew Indus 1 63 -1084.17 Kuochan Dav Laa Chang Yuan 21.00 30 60 -0.3 Asia Cement Cathay Cona 27 40 33 50 -0.3 -02 Lian Hwa Indua Nan Ya Pias 29 10 34 20 9 -03 Chang Hwa Bank 39 30
      234 words
    • 295 11 1 1 D€C 10 1 Ajinomoto YEN 2000 396 70 -1 Mitaub Elac Mitaub Estate Mitaub Haavy 462 2420 453 1050 -16 unch 1 unch 1 Amada Aaahi Cham 899 MO 1370 -1 20 30 Mitsui Co Mitsui Shipbidg 575 151 322 unch •2 -8 Bank Ol Tokyo 875
      295 words
    • 82 11 PESOS Acoi« Mining Anglo Phil 0 023 -0 002 Oriental B......... Phil Overseas Phile* B ...0 026 ...0032 038 unch -0 001 -t-uue PWIPIIJp w«"> uncn -0 0006 PtcopB PLOT 262 50 2.5 Atlas Con. B Baguio Gold Basic Petroleum 0 008 San Miguel B 89 0 016 unch
      82 words
    • 597 11 Reuter SYDNEY: Australian share markets closed lower yesterday as investors, discouraged by a weaker gold price and lower Dow Jones, took profits after five days of rises. Brokers said the only bright spot in the market was BHP, which finished the day four Australian cents up at $8.84 as
      Reuter  -  597 words
    • 99 11 oec 10 Chail Sugar WON 1830 unch Kai Kangwon ind 1235 1(530 1840 0 unch 40 Daaiim Ind 535 5 2150 1110 15 Daewoo Heavy 1339 29 Lucky Lid 1678 Daiahm Sacuritiaa 3060 830 150 Oriantai Brawary 1300 1728 unch Dong Suh Slock Dongbu Staai 1820 1630 -21 Pacific
      99 words
    • 150 11 Reuter NEW ZEALAND'S Rainbow Corp Ltd will pay Asl9o million for the 20 per cent holding of Safeways Stores Inc of the US in Australian chain-store group Woolworths Ltd, Rainbow's adviser, Macquarie Bank Ltd. said. Rainbow bought a group of companies whose major assets comprised 44.56
      Reuter  -  150 words
    • 415 11 Reuter CHINA is considering plans from The Boeing Co and Messer-schmitt-Boelkow-Blohm GMBH (MBB) to design and build jointly airliners and will not repeat its current US$6OO million aircraft assembly deal with McDonnell Douglas Corp (MD), a Ministry of Aviation official said. "Unlike other countries, we
      Reuter  -  415 words
    • 97 11 Reuter JAPAN'S Nippon Life Insurance Co will set up a representative office in Beijing by the end of March next year. This is. however, subject to the approval of the People's Bank of China, a Nippon spokesman said. Nippon Life Insurance is
      Reuter  -  97 words
    • 66 11 Reuter SUNSHINE PACIFIC of Hongkong and its Australian associate HDFI have jointly acquired 2.5 million ordinary shares in Aitken Hume International PLC for an undisclosed amount. As a result, the aggregate holdings of both companies' in Aitken amount to 8.05 million shares, representing a stake
      Reuter  -  66 words
    • 390 11 Reuter JAPAN'S trust banks will continue to invest actively in foreign securities in the six months ending next March due to a lack of attractive domestic instruments and the halt in the appreciation of the yen, trust bank sources said. Foreign
      Reuter  -  390 words
  • Page 11 Advertisements
    • 227 11 I H 11 r m m > u W IS ir:2 Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado, Sate (Satay), spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience.
      227 words
    • 128 11 Bangkok market was closed yesterday for Constitution Day (JUAt* c m I, W s-~ nAII the Camus VSOP H cognac you call for during lunch or dinner is on the house! And that goes tor any beer or soft drink from now till December 31st Call 732 1222 ext 1589
      128 words
    • 114 11 Discover a whole new experience Esjsl TAKE FIVE Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours Mon Thur 12pm to lam Fri, Sat Eve of Public Hobdays 12pm to 2am Open daily except Sundays Happy Hours:
      114 words
    • 157 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      157 words
    • 149 11 i *4 v> Eat all you om plus (Mon to Fit., spm Bpm) Wong Singapore's very own Slim Whitman with country favourites and Happy Hours: 12 noon 7pm Buy ono 1 gmt or* Promium Brand* A bottia rata* 29% off CAIRN HILL HOTEL 19 Cairnhill Circle. S pore 0922. Tel:
      149 words

  • RAW MATERIALS
    • 582 12 AFP THE International Wheat Council (IWC) has raised its estimate of the world wheat crop this year by five million tonnes to a record 520 million and indicated that initial projections for next year point to a crop of about 520 million to 530
      AFP  -  582 words
    • 150 12 AFP CHILE and Malawi have emerged as the best performers among low-cost sugar producers, appearing respectively as the "most cost competitive beet producer" and the "lowest cost cane sugar producer" in the world in 1984-85, according to a study by analysts Landed
      AFP  -  150 words
    • 320 12 Reuter WORLD OIL PRICES will reach US$35 to US$4O a barrel in the year 2000 as Opec strengthens its control of the markets in the closing years of the century, two Chinese officials forecast on Tuesday. Zhang Yan and Feng Shubiao of
      Reuter  -  320 words
    • 156 12 Reuter COFFEE has virtually disappeared from Soviet shops because the world price rose earlier this year and Moscow preferred to spend scarce hard currency on more important imports, according to an official Soviet magazine. But the weekly Ogonyok assured consumers that Soviet
      Reuter  -  156 words
    • 883 12 COFFEE Robusta futures on Tuesday closed between £15 and £5 below Monday night as light buying which had been supporting the market faded in late afternoon trading. The market remained bearish, but forward months had earlier reflected a small technical reaction to Monday's selling. Price movements were exaggerated
      883 words
    • 86 12 OIL PRODUCTS The market was quiet yesterday as traders relaxed on the eve of Opec's meeting in Geneva. Kerosene and naphtha firmed slightly but other products remained generally stable. Closing prices for crude (FOB origin) US$/barrel Change Dubai (Jan) 13.70 -0.25 WTI, West Texas Intermediate, (Jan) 14.98 -0.05 Closing prices
      86 words
    • 324 12 AP WORLD milk production in 1966 was "again excessive" in spite of widespread government efforts to curb it, according to a report released on Monday by the General Agreement on Tariffs and Trade. In addition. European demand for milk declined
      AP  -  324 words
    • 191 12 MALAYSIAN crude palm oil closed off lows on late speculative covering in quiet trade yesterday. Sentiment was dampened at the opening by lower Chicago soyoil futures and further talk that India planned to sell back cargoes of soyoil and rapeseed oil. Trading was initially slow with traders awaiting
      191 words
    • 260 12 WHEAT FUTURES on the Chicago Board of Trade closed weak on Tuesday with spot December 5% US cents a bushel down and distant December one cent lower. Spot led the fall to settle at U552.79. Forecasts of a continuing oversupply of wheat on the world market and persistent low
      260 words
    • 186 12 SOYBEAN FUTURES on the Chicago Board of Trade closed down 4% to US cents a bushel on Tuesday. Persistent selling pressure. probably computerdirected. drove futures down after a lower opening based on reports of processor down-time and weak overseas markets. Computer selling came in at around US$4 94. basis
      186 words
    • 372 12 Reuter A VOLUNTARY PACT limiting foreign steel imports to the United States may not be extended past its 1989 expiration date if US manufacturers can make adequate cuts in capacity. Officials of the American Institute for Imported Steel (AIIS), a steel
      Reuter  -  372 words
    • 114 12 AP SOUTH KOREA s steel shipments to the US in the first nine months of this year declined 29.5 per cent from a year ago to US$457 million, the Korean Iron and Steel Association said yesterday. The sharp decrease was attributed to reduced
      AP  -  114 words
    • 269 12 RAS prices tn S c*«ts*g, FOB in bato 1 NOON CLOSE Buyers Sellers Buyers Setters Int 1 RSS Prompt 178.50 179.50N 179.00 180.00 lot 1 RSS Jon 87 177.00 177-50 177.50 178.00 bit 1 RSS Feb 178.00 178-50 178.75 179.25 bit 2 RSS OP 173.00 175.00N 173.50
      269 words
    • 80 12 (c«n«/kg, 1 -ton pallafi) JAN 87 FEB 87 (currant month) (forward month) NOON NOON RAS ftvycn S*lk*n tvysn Ml*. SSR 20 167.50 169.50N 168.50 170.50N SSR 50 '65.50 167.50N 166.50 168-50N MRELB luy«n S*H*rt kuy*rt S*U»n SMR CV 274.50 276.50N 275.50 277.50N SMR I 277.00 279.00N 278.00
      80 words
    • 273 12 SINGAPORE The market closed slightly higher yesterday with January One RSS buyers quoted at 177.50 cents a kg, up one cent from Tuesday. The morning session gained 0.50 cent on light buying interest in thin trading. Prices rose a further half cent in quiet afternoon trading on some short-covering.
      273 words
    • 18 12 KL TIN Closing prtc»l on Dae 10 (M$/kg) Price 16.70 down 0.29 Turnover (tonnes) 31 down 19 J
      18 words
    • 104 12 THE PRICE OF TIN on the Kuala Lumpur Tin Market (KLTM) closed 29 cents lower at M 516.70 per kg yesterday on lack of fol-low-through strong buying. Dealers said the overnight rise on the European spot market was too small to aid sentiment while buyers
      104 words
    • 139 12 Chinese Produce Exchange Sclttn' noon doiinQ pricos on Doc 10 (SS/100 kg). Coconut oil FOt 66.00 CMd drum FOt 76.00 Now drum FOt 86.00 Robwtfo 20/25% FOt NSW Nutmeg 110 FOt NSW twp FOt NSW Gambier FOt NSW 480.00 1405.00 1289.00 330.00 Copra MUod (Ioom) Pepper Mwntok WMtt
      139 words

  • SHARE INFORMATION
    • 4091 13 THE SINGAPORE stock market closed mixed in lethargic and featureless trading yesterday. Throughout the day, prices fluctuated within very narrow margins. The BT Composite Index edged down by 0.61 point to 780.12 while the Straits Times Industrial Index was a slight 1.27
      4,091 words
    • 250 13 SINGAPORE Rites D Karomat 454 Sport land 520 M Lmg Crod* 344 Hwo Hang 143 ta*M>50« 228 O C C 920 Oanhngs 410 OUT 234 C*T«tx» 50« 424 PaHh Plant 388 Catd Star* lOp 344 K I Itapong 225 Falls 0 S 880 Ming Court 240 Samonde
      250 words
    • 2858 13 BID and otter prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots o( 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      2,858 words
    • 325 13 HONG LEONG Industries Berhad: 23rd AGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Bandar, ***** Kuala Lumpur, today at 11am. SINGAPORE LAND Limited: 23rd AGM at 50 Raffles Place, #45-00 Shell Tower, Singapore 0104, tomorrow at noon. L ft M GROUP INVESTMENTS Limited: 4th
      325 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 872 14 MBT AT LEAST six deposit-taking cooperatives (DTCs) in Malaysia are in the process of finalising talks with bankers for the takeover of their assets and liabilities. Hopes are high that these cooperatives will be able to obtain credit facilities amounting to at
      MBT  -  872 words
    • 275 14 EVERPEACE CORPORATION Bhd said its board has on Dec 5 appointed Mr Abdul Kayoom bin Mustakim as the chairman of the company. SIN HENG CHAN (M) Bhd said one of its directors, Mr Loh Kee Peng, passed away on Nov 29. HONG FOK Corporations Lid announced that one
      275 words
    • 604 14 FT GEOFFREY COLLIER, the former Morgan Grenfell joint securities chief, is alleged to have committed three insider dealing offences by making an early Monday morning trans-Atlantic telephone call from the London home of his ex-partner at Morgan. John Holmes. Mr Holmes, who has remained
      FT  -  604 words
    • 337 14 Reuter GUINNESS PLC is beginning to reap the benefits from its acquisition this year of Distillers Co PLC. although "a great deal still remains to be done". "We are firmly convinced that the prospects of the enlarged Guinness group are very promising," Guinness chairman Ernest Saunders
      Reuter  -  337 words
    • 363 14 SOME LATE bargainhunting helped share prices to finish off their lowest levels at the Kuala Lumpur stock market yesterday but most counters still ended in negative territory. Selective issues, which came under selling pressure over the past few days, inched up due to last-minute buying
      363 words
    • 724 14 Current Ex •oaks Dale Total tor Total lor payment Me ctoee peyatote •te year laal year AIN 13'/i%l Aug 19 NYA NYA 13'/.% 27% A 1 S ft 5% lb) Dec 5 Dec 17 Dec 23 5% 10% AMDS 1 3%W Dec 22 6/1/87 Feb 6 13% 2%
      724 words
    • 2106 14 INDUSTRIALS Aano I—l Afnono»o CJOOS) Alox Hlg < —I Alcorn 1716 725) (71 71 (21 70S (31 72 IS 72 AJSB ls3B 58SI xd API 147» (71 46 111 45 5 111 475 ASM ***** 130$) (271 129 111 130 xd Amah (1676 188$) (211
      2,106 words
    • 238 14 Manog#rs' priest MARA-Bumiputra for D*c 11 First B'putra 510 615 Second B'putra 464 469 Singapore Unit Trust Third B'putra Fourth B'putra 365 409 370 4 14 The Commerce 088 095 Fifth B'putra 244 269 The Savings Fund 080 086 Sixth B'putra 270 275 Spore Prog Fund 034 038
      238 words
    • 119 14 HONGKONG Hongkong Index Wednesday 1554 53 Tuesday 1552 93 Week ago *****4 All Industrials Wednesday ***** Tuesday 2304 8* Week ogo ***** NEW YORK Hang Seng Index Wednesday 2442 59 T uesdoy 2440.35 Week ogo *****0* Dow Jones Tuesday 1916 90 Monday *****4 Week ogo 1955.57* TOKYO Nikkei
      119 words
    • 662 15 wmmm™ By HOCK LOCK SIEW IT IS DEBATABLE whether the spate of cash calls announced in November and early this month had contributed to the current lack of buying interest in the stock market. Some analysts have dismissed suggestions that the latest batch of rights
      By HOCK LOCK SIEW  -  662 words
    • 378 15  -  By NAJEEB JARHOM AFTER TWO YEARS of declining profits, Chemical Industries (Far East) Ltd is showing signs of returning to the growth path again, thanks to better market conditions and lower production costs. Group pre-tax profits rose 11.8 per cent to $1.22
      378 words
    • 160 15 EG TAN CO. the bankrupt stockbroking firm, has sued Mandarin Resources Corp Ltd of Hongkong for $378,805 in contra losses outstanding as at Dec 31, last year. The stockbroking firm had acted as Mandarin's stockbroker since August 1984, till the PanElectric
      160 words
    • 765 15 SHARE PRICES on the London market opened with an easier bias yesterday, following the 13point fall on Wall Street overnight. Brokers said trading was quieter than of late, with the excitement caused by the British Gas flotation tending to tail off. At 0915 GMT, the FTSE 100 Index
      765 words
    • 772 15 Michael Tan claiming M56.39m plus interest MBT MBf HOLDINGS BHD's managing director Datuk Loy Hean Heong is challenging a Ms 6 39 million suit filed against him and two of his personal companies by a former director of MBf Finance. Michael Tan
      MBT  -  772 words
    • 105 15 Bernama. IGB CORPORATION Bhd has denied a newspaper report that it is interested in taking part in Promet Bhd's resort project in Langkawi. Replying to a KLSE query, IGB said the company was also not involved in any negotiations with Promet or its
      Bernama.  -  105 words
    • 86 15 Reuter INCHCAPE PLC has agreed in principle to acquire Gill and Duffus Insurance (Holdings) Ltd, the holding company of insurance group Clarkson Puckle Ltd, from Dalgety PLC for £43.1 million. The acquisition would serve to implement Inchcape's strategy of building up its insurance broking, already a
      Reuter  -  86 words
    • 398 15  -  By HOMER CHEN THE TRIAL of stockbroker Lin Tah Hwa, accused of 22 counts of cheating various financial institutions, has been postponed to September next year. Originally scheduled for March 2 to March 20 next year, the trial will now be held between Sep
      398 words
    • 270 15 MBT MALAYSIA BRITISH Assurance (MBA) is holding merger talks with a number of life insurance companies. According to MBA chairman Datuk Abdul Latiff, the discussions are still preliminary and nothing concrete has been finalised yet. He declined to disclose the identities of the
      MBT  -  270 words
  • Page 14 Advertisements
    • 614 14 RENONG BERHAD (Incorporated in Malaysia) Istßoor, RenongWesleourt, No. 126 Jalan Ketong Lama, MOOO Kuala Lumpur. NOTICE IS HEREBY GIVEN mat an Adjourned Mooting of Ihe Third Annual General Meeting of me Company will be held on 26m December 1986 at 11.00 am. at Ming 3*4, Ming Court Hotel, Jatan Ampang,
      614 words

  • Page 15 Advertisements
    • 87 15 THE MORTGAGE BANK AND FINANCIAL ADMINISTRATION AGENCY OF THE KINGDOM OF DENMARK (Kongenget Danmarks Hypotekbank og Finansforvaltning) U. 5.580,000,000 Guaranteed Floating Rate due 1990, Series 84 Unconditionally guaranteed by The Kingdom of Denmark Notice is hereby given that the Rate of Interest has been fixed at 6H% and that the
      87 words
    • 279 15 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF SLP TEAM-SEL (PRIVATE) LIMITED (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the member* of the abovenamed company duly convened and held at Hamilton Road. Lowestoft Suffolk NR 32 IXF United
      279 words
    • 310 15 COMPANIES ACT, CAP. IM AND IN THE MATTES OF CEC CONSTRUCTION PTE LTD (b Valutary Li^aMattoa) At an Extraordinary General Meeting of the Company held at llth Floor, Continental Building, No. 280 Chung Hsiao East Road, Section 4, Taipei, Taiwan on the Bth day of December, 1986 the following Special
      310 words
    • 295 15 OP THE COMPANIES ACT, CAP lit. AND IN THE MATTES OP NL CONSTRUCTION PTE LTD M At an Extraordinary General Meeting of NL Construction Pte Ltd duly convened and held at Blk 49 Telok Blangah Drive, #16-07, Singapore 0410 on 3rd December, 1066, the Special Resolutions set out below were
      295 words
    • 338 15 THE COMPANIES ACT (CHAPTER IK) AND la The Matter Of HOOPIN LEATHER GOODS PTE LTD lltMlaMiL?* 1 1 NOTICE Or PINAL MEETINO NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Chapter 185, the final meeting of the members of the Company will be held at
      338 words

  • 517 16  -  Party must respond to the emergence of a new generation of voters By CHUANG PECK MING THE People's Action Party, now predominantly under the second generation leadership, will continue to pursue policies which work rather than pander to popular sentiments. "Put in
    517 words
  • 363 16 Reuter THE GUNS of war fell silent across the Philippines yesterday as government troops and communist rebels began observing their first ceasefire in a 17-year-long insurgency a truce marked by both distrust and hope. In the Negros Occidental provincial capital
    Reuter  -  363 words
  • 158 16 AP US SECRETARY of State George Shultz said yesterday he had informed Key West European allies that the Reagan administration was dealing with the Iranian arms furore in an open way that was "an absolutely total contrast" with the Watergate scandal. Mr Shultz said
    AP  -  158 words
  • 207 16 AFP SOUTH AFRICA is headed for "chaotic, total revolution" in the coming year unless its government abolishes in the next few months its apartheid racial segregation policies, Pastor Leon Sullivan, a top executive of US giant General Motors, warned. "A freedom
    AFP  -  207 words
  • 234 16 Bernama JOHOR is expected to be exempted from plans by the Malaysian Works Ministry to increase water rates in the country. State executive councillor Ahmad Abdullah said yesterday that as Johor had already raised water rates in September, there was a possibility
    Bernama  -  234 words
  • 88 16 Bernama THE MALAYSIAN Prime Minister's office yesterday confirmed that Datuk Seri Or Mahathir Mohamad would meet a delegation from Cuepacs, the umbrella body for unions in the public sector, on Saturday. The meeting, to discuss the rise in housing loan interest rates for civil
    Bernama  -  88 words
  • 158 16 Bernama THE MALAYSIAN Home Ministry has withdrawn the ban on the bringing in of foreign maids from neighbouring countries by allowing 11 agencies to do so. Deputy Home Minister Oatuk Megat Junid Megat Ayob said yesterday that the ministry had, however,
    Bernama  -  158 words
  • 635 16  -  By ANNA TEO IN A DIVERSIFICATION reflected by its new name, shipyard Hitachi Zosen Singapore Pte Ltd is moving increasingly into landbased industrial activities, including offshore construction of plant and machinery. Industrial engineering (IE) activities now account for about
    635 words
  • 98 16 Reuter COMEX GOLD FUTURES were quiet after the mid-session yesterday after standing up to a challenge of Tuesday's lows. Gold for delivery in February was off US$2.BO at U*****.90 an ounce with the selling easing at U*****.80 versus Monday's low of U*****.50. Analysts said gold was
    Reuter  -  98 words
  • 68 16 Reuter WALL STREET stocks were slightly higher in early trading yesterday. Volume was relatively light as investors continued their search for market leadership and awaited today's report on retail sales and money supply for a clue about the next move in Federal Reserve monetary policy. The Dow
    Reuter  -  68 words
  • LATE FILE
    • 22 16 Bernama THE DEWAN NEGARA yesterday unanimously approved the 1987 Malaysian federal budget after three days of debate. Bernama
      Bernama  -  22 words
    • 34 16 Reuter JAPANESE companies have effectively transferred abroad the majority of their benefits gained from the yen's steep appreciation and from lower oil prices, a Bank of Japan report said. Reuter
      Reuter  -  34 words
    • 46 16 Reuter PHILIPPINE President Corazon Aquino created a new post of Cabinet Executive Secretary yesterday, clipping some of the powers of her principal adviser, Executive Secretary Joker Arroyo. The current Deputy Executive Secretary, Fulgencio Factoran, will fill the new non-min-isterial poet. Reuter
      Reuter  -  46 words
    • 63 16 Reuter INFLATION in the Organisation for Economic Cooperation and Development (OECD) hit its lowest annual rate since June 1984 when it slowed to 2.3 per cent in the 12 months to October from 2.5 per cent in September The OECD said the monthly rate fell
      Reuter  -  63 words
    • 48 16 Reuter CONSUMER SPENDING in West Germany will rise by a real 1.5 per cent in the current final quarter, returning to the strong growth rates of the second quarter after a weaker third quarter, the DIW economic research institute predicted in a report.
      Reuter  -  48 words
    • 66 16 Reuter MOSCOW plans to levy a 40 par cant tax on remittances from joint-venture# with foreign companies. A Japanese Foreign Ministry official quoted Soviet Vice-Premier VM Kamentsev as telling former Japanese foreign minister Saburo Okita in Moscow that a new investment law allowing foreign companies
      Reuter  -  66 words
    • 23 16 Reuter EGYPTIAN President Hosni Mubarak left yesterday for Paris to seek French help in solving Cairo's economic problems. Reuter
      Reuter  -  23 words
    • 23 16 AFP SWISS Foreign Minister Pierre Aubert was yesterday elected president by the two chambers of the Swiss Parliament. AFP
      AFP  -  23 words
  • Page 16 Advertisements
    • 208 16 ■mmbobmm A Special Selection of the Man Han QuanXi r v S* m IiSJI Direct from FANGSHAN FANZHUANG, Beijing TUNG LOK SHARK'S FIN RESTAURANT December 5 to 14 $900 Nett per table for 10. For Reservations Gill *****22 A complimentary quart bottle of Remy Martin XO worth $130 is yours
      208 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 227 17 OANA-PNA AN ASEAN liner service will soon be created to serve Asean member-countries, Fili'pino Transportation and Communications Deputy Minister Carlos Fernandez said. Fernandez, who headed the Philippine delegation to the recently concluded Asean Committee meeting on Transportation and Communication (Cotac) held
      OANA-PNA  -  227 words
    • 486 17  -  By LINDA CHEE IN AN ALL-OUT effort to restore stability to the Middle East trade, members of the Japan-Persian Gulf Rate Agreement (Jappercon) have come to terms to push rates up on Jan 1 next year and are discussing ways of reducing tonnage in
      486 words
    • 442 17 OANAPNA GOVERNMENTS in Asia and the Pacific region have been urged to adopt measures for reducing excess tonnage and restrict construction of new ships to help soften the impact of shipping recession in the region. The request was made by
      OANAPNA  -  442 words
    • PORTSIDES
      • 110 17 Reuter A TAIWANESE freighter which began to list at 20-25 degrees off Lukang, central Taiwan, on Monday has been towed into the southern port of Kaohsiung, a spokesman for the owner, Excelsior Shipping Co, said. He said the 7.807-dwt Sun Bright, with a crew of
        Reuter  -  110 words
      • 35 17 MARTIN M Skaanild has been appointed managing director of Maersk Company and Maersk Line with effect from Dec 1. Before his appointment, Mr Skaanild was managing director of Maersk Line, Indonesia.
        35 words
    • 419 18 Reuter PORTUGAL'S major private shipyard, Lisnave (Estaleiros Navais de Lisboa Sari), is set to double sales this year after a strike-free 12 months, Lisnave managing director Viegas Dias said. A year without strikes is a record for the company, which has a
      Reuter  -  419 words
    • 130 18 Reuter J GROENENDUK will be retiring on Oct 1. 1987 and will step down as chairman of the executive board of the Royal Nedlloyd Group. He will be succeeded by Mr H Rootllep, currently deputy chairman. On May 1, Mr HJ Helb will
      Reuter  -  130 words
    • 396 18 UPI TWO OF JAPAN'S leading heavy industries firms, hurt by the strong yen and a slump in the shipbuilding and machinery industries, are planning sizeable labour force reductions, Japanese company officials said. Mitsubishi Heavy Industries Ltd, the nation's largest heavy machinery maker,
      UPI  -  396 words
    • 128 18 UPI THE OPPOSITION social democrats in Germany announced they will push through parliament a motion for an investigation of the sale of submarine blueprints to South Africa by a state-controlled shipyard. Hans-Jochen Vogel, the party's parliamentary leader, said the investigative committee
      UPI  -  128 words
    • 698 18 AB Shpg V 5 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Bolt-Canoda Line VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS II 4/5 Ben Line Cont V
      698 words
    • 1327 18 DULL conditions pervaded the grain, coal, iron ore and time-charter sectors on Tuesday on the London shipping freights market. The rate tone remained either unchanged or fractionally weaker Slack US Gulf grain export fixing featured Cargill's payment of a lumpsum rate equivalent to US$B 05 (fio) for a
      1,327 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 183 19  -  By Kingsley Wood AUSTRALIAN ship suppliers are to use a credit service to help reduce losses caused by some shipowners not paying their accounts. Most members of the Australian Ship Suppliers' Association have insured against bad debts with the government-owned Export Finance Insurance Corporation
      183 words
    • 421 19 A STORAGE scheme which could provide employment for some of the world's largest laid-up gas carriers is being considered by a number of European and South American countries. With the high costs involved in storing liquefied natural gas (LNG) on land, existing
      421 words
    • 412 19 Fairplay DEVELOPMENTS in containerised and intermodal transportations are turning port management into high stakes game in which many executives are still unsure of the rules. "The degree of shipping line influence over the port routeing decision is increasing dramatically," contends Jim O'Brien,
      Fairplay  -  412 words
    • 251 19 A NEW guideline to help solve the problem of water entry into the holds ot dry cargo ships has been published by the International Association of Classification Societies (lACS), for distribution to shipowners and operators. The notice to owners, entitled Care and Survey of Hatch Covers of
      251 words
    • 222 19 ALL SURVEYS are conducted on Dec 1 Argentina Buenos Aires: Normal operation. Australia Brisbane: Normal operation. Melbourne: Normal operation. Sydney: Normal operation. Bangladesh Chalna: 10 vessels operating; Chittagong: 20 vessels operating. Brazil Santos: Waiting time up to 2 weeks. Cameroon Douala: Normal operation. Chile Valparaiso: Normal operation. China
      222 words
    • 151 19 THE 15,495 dwt United States steam container ship Trader and the 1,300 dwt Canadian tug/supply vessel Schnoortvrm have been found off the west coast of Panama and are being towed to Balboa, Lloyd s Shipping Intelligence said. A third ship, the 14,690 dwt US container vessel Voyager,
      151 words
    • 7803 24 3®aBG)QOLB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      7,803 words
    • 1014 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy data/time Oparator cargo achadula Location Totari 1 1266 11 1286 2000 Cohoya Som f7 1100-1200 14 A Temasek ***** II 1286 1800 NAPl F7 0800 1000 HI Cloro Moersk 8609 11 1286 1800
      1,014 words
    • 705 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Equator 5 K22 Thong Soon olongside 11.12/0200 Faroe Trader K28 Sealord alongside 111 2/0700 Inabukwa Kl9 Pelni alongside 11.12/1500 Jumpa K35 NTYSS alongside 111 2/2300 Motovun KIO NTYSS alongside 11.12/1500 SO Nagaland Kl6 R Jumabhoy alongside 11.12/0600 Sir
      705 words
    • 126 26 Area/Port Viscosity Density Water CST st 50C G/ML st 15C Volume 0/0 Africa/Red Sea Jeddah 73/184 0.936/0.985 0.1/2.2 Durban 102/187 0.979/0.994 0.0/0.6 Arabian Gulf Ras Tanura 118/177 0.945/0.950 0.0/0.1 Bahrain 184/186 0.973/0.974 0.1/0.1 Europe Rotterdam 25/422 0.950/1.016 0.0/1.4 Hamburg 57/381 0.948/0.991 0.0/0.6 Le Havre 157/389 0.968/0.988
      126 words
  • Page 17 Advertisements
    • 786 17 (T Klllll H'l'n < «T H !\t'' 1 )l( 11< >1 1,11 11 tyr |tu?|:3» u PUBLICATIONS OOCL OiyENT OVEIQEAS CotUoim* IiNE WW/ mm avms acencss <Re» Mim/ oon TOO Cantonment Road #12-06 Souttipomt Singapore 0208 let *****11 TELEX NO RS ***** TERMNAL, CFS Tel *****18 220 BOOKMGS Id *****34
      786 words
    • 76 17 mn)B PORTUGAL'S major private shipyard, Lisnave (Estaleiros Navais de Lisboa Sari), is set to double sales this year after a strike-free 1 2 months. Page II A STORAGE scheme which could provide employment for some of the world's largest laid-up gas carriers is being considered by a number of European
      76 words
    • 1022 17 Available at all good bookshops PUBLICATIONS THE HEART OF THE MAERSK LINE /&>/ m/ w/ w d K.Un, r~*" V MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH 22 DAYS Voy S" porn EXPORT TO USA. EUROPE. MIDOLE EAST. WEST AFRICA ASIA *S«p*ort ClinM| Tales •CY
      1,022 words

  • Page 18 Advertisements
    • 509 18 OUTBOUND TO NORTH CONTINENT ¥0Y vile k una WLIE K MERCURE WLLE K URANUS Mm Kciptnf cvp to il UK fesfinatam. ScjnAuvun (Aaifaa. COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO KDfTERRANEAN AND EUROPE ALSO ARABIAN GULF AND HUMAN SUB CONTMENT Mm xtaph| Fa Carp to liaiaud. Ifcrni, Lattataa.
      509 words
    • 352 18 EUROPC/FAA EAST CONVENTIONAL SERVICE TEL* 03-*****50 MALAYSIA SON. SMO. TLX: ***** MTM Frt. Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement Singapore Agent Goodrich Maritime Pte Ltd. Tel: *****35 Tlx: RS ***** GRMSIN 32 Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA r—ffte 10-13/12
      352 words

  • Page 19 Advertisements
    • 894 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited C CONTAINtRSHIP SERVICE TO UK/CONTINENT^ BREMEIUXPIIESS 12/12 14/12 02/1 04/1 06/1 07/1 09/1 BENAVON 19/12 20/12 OS/1 10/1 12/1 13/1 15/1 LIVERPOOL BAT 26/12 2»/12 15/1 17/1 19/1 20/1 22/1 CITY or EDINBURGH 04/1 06/1 24/1 26/1 2S/1
      894 words
    • 827 19 Franco Belgian Services t ir t i*i /r,n, h ih It, b ir t .iWi-rn (MEMBER OF ACE CONSORTIUM) cow sarwg to www cowtmo son STOdt PXOMK It H»w Ita rSMvt Hm Bltma M mCAtOR bM (t Ok) 29 Dk 30 Dk Ila 3la 41m (la O PMB C* TOKYO
      827 words

  • Page 20 Advertisements
    • 397 20 100 Years Liner Shipping Far East 7 1886-1986 I_ Hapag-Uoyd TO CONTINENT/UK EXPORTS TO EUROPE/MED FROM N. CONTINENT &UK IMPORTS lfkw| B"tu»«n (dan/ LtHant S tan [PK Sport IMI KM Maraap Bay SU SM SM SM SH 14/12 10/12 «T <* FdWwjh SM SU SU Sid SU 20/12 21/12 Fraaktet
      397 words
    • 671 20 *JuH» JtC.&.LINE FULLY CONTAINERISED SERVICE [TO EUROPE VIA SUEZ M?mbff ol thf ct CooSQ,tlufT Spwe >Mn( IcNawe dun fjto»t H'to| CR TOKTO VH \ll 12 (15/1?) 5/1 6/1 7/1 10/1 TRANS WORLD WOGt 35H 24/1? (??/l?) l?/l 13/1 I«/l 17/1 C.R PARIS HI 31/1? (M l?) 19/1 70/1 ?1/1 21/1
      671 words
    • 446 20 M- Hai Sun Hup Co (Pte) Ltd rEL *****06 (20 Lines) TLX RS ***** RS ***** ft. 1 ASH KN car I INI k. LTD. STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loatfinf at appropriated Berth P4-PS NOTE: ALSO CAILMG OTHER JAPANESE PORTS, HONGKONG. TAIWAN I CHMESE PORTS, SUBECT INDUCEMENT
      446 words
    • 1234 20 d EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) CKA GUAM' (KA GOIOEN f GARDEN FWI GATIfR ever gum f Vf« IMS fkr a out ssr WG ISC KIC PUS rod! 14/12 U/1? U/1? U/1? ?V1? 26/12 23/12 31/1? 4/1 C/l 1/1 7/1 U/1 13/1 15/1 14/1 U/1 26/1 22/1
      1,234 words

  • Page 21 Advertisements
    • 539 21 v A PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT QOWA KOTA SINGA SIN JKT SBY SIN HKO KAO *TCH KEE BUS *MUfl *MTC YOK KOB KEE SLO SLD SLD 13/12 17/12 IS/12 20/12 20/12 23/12 omit 27/12
      539 words
    • 197 21 fSSS THONG SOON AGENCIES PTE LTD. #09-00. Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK EQUATOR IV EQUATOR IV SINGAPORE TO SABAH PORT SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service SKI BHUM 298N 13 Dec 16
      197 words
    • 918 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTtfCNT EXPRESS CONTAINER SERVICE FROM UK/CONTMENT HAM BWVENRDAM WVRE STON IHLAWS STOK I FOR Mjunp Bit S*< Uh4 SjM SjM SjM 13/1? 15/1? WC TIM Or ot EMw|k SjM VJM SJM SJM SJM M/ 12 21/12 WG. IWK Frjrttart Eiprtu SjM SjM Cn<|a
      918 words
    • 505 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUM LLOYD INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE MATMUM 17 m Sutofact to Inducwnwtt, Alao Kcapttng cargo to CmMwo, Port Said, Port Alexandria, Genoa, Trioato. M.SO ACCEPTMG BOTH CONTAMERS. CONVENTWNAL CARGO MA T/S TO UK
      505 words
    • 420 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore PKeUnf Pounf Bangkok PMYA mm 10/13 Dec PA AN VIO4W 17/11 D«c 22/23 Ok *SAGAMG V7W 11/20 tec 21/22 Ok 'loading for Antwp Notifen I Kabf V 4 BANK LINE NORTIBOUND TO UKC STORE TAUSALA SAMOA V
      420 words

  • Page 22 Advertisements
    • 1371 22 ECUADOR/PERU/CHILE FEEDER ttl MOTIO f m broge v2i tbn vsi > K line KAWASAKI KISEN KAISHA. LTD. spore wig png stow kobe guataqurcailao unc* iququ afagasta santoibo Valparaiso 19 Ok 20 Ok 21 Ok 23 Ok iLm 2 Ftb It Feb MM CENTRAL AMERICA/CARIBREAN SEA FEEDER W MOTHER VSI WIG
      1,371 words
    • 602 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P Keung ESTiamR V 9 17 Dx CMABAR ¥31 79 Dec tsnamii vio is tax lm« Vrsstl Space RAMOAS V? 6 1? OK CHANQDAS V 73 lan HABfOAS V 37 19 lan RAMOAS ¥27 9 fee Metb (rem Sydn Aho Accepts 76 Dec
      602 words
    • 860 22 GOLDEN LINE OMN GUM SWUNG (Pit) LTD 23. M «f» S»M4 smgapore lIM m mnu di no STRAITS/PERSIAN GULF SERVICE: GOIDEN KM Colombo Kjr*l» Bombay Dub* COIOEN HMVfST Colombo *wacti« Dub* B*»*n IC/17 Dk 10/1? \m TANG QtIAN CHMA OCEAN SWUNG CO., PEKING THE PEOPLE'S REPUBLIC OF CHMA UKC COMVEMTIOML
      860 words
    • 316 22 INTRASCA (PTE) LTD. 10 Anson Road »27 16 International Pla/a Singapore 0207 Tel *****1 1 (10 Lines) VOIASM'&m BREAKBULK SERVICE TO EUROPE/UK KARMA *****27 DOOYANG FRONTER S port P Ketone lo»4n( tor> ta Port 14/12 ROT/MT/MOO/ESUEK/ H29 hi Port 12/12 UK (AVON) ROT/MIT/IK (AVON) MTRASU (fit) LTD BMTMC Mm CO
      316 words

  • Page 23 Advertisements
    • 736 23 Spot e let Ml OWice *****77 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCCS PTE LTD F( {U/MST TPA/SEA Term.* CP» BOOKMGS *****77 *****53 *****42 *****2? *****53 *****42 OH DMCt LRCS *****19 ***** IS *****11 NEPIK SON BHD *****87 *****45/*****53/*****26 NEPIME SON BHD *****71/*****34/*****35 KPIME SON BHD *****9/*****5/*****0/*****1/*****2 FAR EAST/EUROPE HILLY CONTAINERISED
      736 words
    • 630 23 HEUNG-A SHIPPING Korean Flag Vessels OOWAM SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG. BUSAN, INCHON i"? 1 S pat r lttal| Bman lb 6 Ovum (lON 17/12 30/12 No I Dm* MHO a/12 2S/1? n/12 1/1 m 7 Dm. tliw 2/1 U/l Dwim, Sjpofrt (10 1/1 4/1 (OH4m) No Dmwi
      630 words
    • 520 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PEJIANG M/S SHARK*! NAH SOON SON. BHD. IST AND 2ND FLOOR MESSRS HAJ THONG
      520 words

  • Page 24 Advertisements
    • 291 24 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) E* C2BSI CHDia HCT EBIZSI ESSHJEBEHHainraEEHa hhinm xwvnrmmFmFTTJiTi em ram Ezm ejct mzm SEA DRAGON MM PIYA BHUM li jrT^BEnaicraojna ip^rr^rrTjrirTTnnrTTw I COB Thu/Ned 30-31/12 Fri/Sat 2-3/1 m■ Fmranii/i TO SOUTH THAILAND i'.'V VV] m men] LLirrv BcjCTßimul E!!i M \'tvk
      291 words
  • Page 24 Miscellaneous
    • 163 24 rvTTdj a Regional Weather 9 s 53 <k £1 m A I I r 4 LL*£ !i^u in SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c d wn Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C yA^ Shower Weather Wind direction with
      163 words

  • Page 25 Advertisements
    • 202 25 Will jgjga%%? WEEKLY FAR EAST/EUROPE CONTAINER SERVICE CALL US AT: K. LUMTOR f. KELANG PEMAMG 1. BAHRU P. GUDANG SMGAPORE *****55/*****56/*****44/*****93 3(*****/4 04-*****2/4, *****3 07-22M65, *****1, *****5 07-*****1. *****3, *****5, *****0 02-*****22 TO EUROPE OTtO OESTMATKMS: AARHUS, AMSTERDAM. ANTWERP, BASH. MODI. BREMERHAVEN. COPENHAGEN. HELSMKI, MALMO. OSLO. STOCKHOLM. IM. FROM EUROPE
      202 words
    • 377 25 INTERCONTINENTAL TIMBER CARRIERS Agents: SINGAPORE: CALICO SHIPPING PTE LTD Tft *****66 TU RS *****CAUCO Fa* *****71 PORT KELANG: PERKAPALAN UTAMA SDN BHO T« 388T19M KOTA KINABALU: KESAWAN SHIPPING SON BHO Tw *****7/*****9(3 Inaa) TG. MANI: RASA MUHIBBAH SON BHO T« *****7 INTEROCEAN LINE TEL: 71M754, ******4 TLX NO. MA STMf
      377 words

  • Page 26 Advertisements
    • 16 26 For further information or enquires: Keppel/Marina Wharves *****76 Jurong Port *****66 Sembawang *****30 Pasir Panjang *****77
      16 words
    • 450 26 Smp flits HARM MMI DARKY SHIPPINI. F'lt 110 I .-I S.MOBK MWS LIN LIN SHIPPING PTE. LTD. 1. ttagaitn* Rom *06 06 Central Building, bngtpon 0105 T«< 533M14 ft 53M922 WEEKIV SERVICE SINGAPORE TO KUCHING-SIBU-SARIKE 1 J ETA ETD DESTINATION Lm Petalmg 111 14 12 86 15 12 86 KUCHING
      450 words
    • 169 26 Ftr K&s LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD 113 Cfcd Street «10 04 GB Burfrtmj Sf«*eolo6 IH ??19?5S Poft Rplang T»fa Pma f Sdn Hbtl If' 03 Jbf9o?4 Penai»j Malaysia Trad* Transport ltd If' 04 Pjmt GiidiOf Malaysian Shwwf Ajrnofs Sdn Rhd IH 07 51! WO WA
      169 words