The Business Times, 16 December 1986
1986-12-16
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The Business Times
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Title Section12 1986-12-16 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, DECEMBER IS, 198« 75 CENTS12 words
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Article, Illustration219 1986-12-16 1 STOCK MARKET TURNOVER dwindled to one of its lowest levels in the current bull run as investors and punters stayed away from the Singapore stock market yesterday. Share prices finished lower with losers outstripping gainers by a more than seven to one margin. The Straits Times Industrial219 words
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Article495 1986-12-16 1 AMY CHEOK - Plans for listing of new company on SESDAQ, say sources By AMY CHEOK THE SEMBAWANG GROUP is planning to restructure two of its member companies with a view to listing the combined unit on the newly established Stock Exchange of Singapore Dealing and Automated Quotation495 words
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468 1986-12-16 1 CHUANG PECK MING - By CHUANG PECK MING AS MUCH AS $30 million in venture funds is expected to be invested by a Singapore-based venture capital company next year. The projected capital commitment compares with the $20 million it expects to invest this year. "By the468 words
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Article, Illustration471 1986-12-16 1 CHAN OI CHEE - By CHAN OI CHEE FROM PRELIMINARY INDICATIONS, the public's response to Resources Development Corporation's 17.5 million $2.30-a--piece share issue has been enthusiastic. "The ballot boxes are full," and "I heard there are several big applications," best summed up the comments from stockbrokers and471 words
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144 1986-12-16 1 AFP CHINA has since 1980 absorbed US$5.9 billion in foreign investment and approved the creation of 7,300 enterprises using foreign funds, the Economic Daily reported yesterday. State Councillor Gu Mu, who oversees the development of China's open cities, said that the investments had accelerated technologicalAFP - 144 words
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461 1986-12-16 1 UPI THE APPRECIATION of the yen has triggered a new wave of Japanese interest in investing in Thailand. Long-established Japanese conglomerates as well as smaller, more specialised companies are increasing their presence in Thailand through expanding old contacts or strikingUPI - 461 words
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185 1986-12-16 1 Reuter SAUDI ARABIA yesterday put forward compromise proposals to make progress in Opec talks in Geneva on raising world oil prices, but rivalry between Gulf War foes Iran and Iraq threatened an accord. Delegates said that new Saudi Oil Minister Hisham Nazer, inReuter - 185 words
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Page 1 Advertisements
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Advertisement109 1986-12-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM in fiair Weaving Si Hair Care Bef of e 'Link' After" Link' SPECIALIST IN HAIRWEAVING HAIRCARE We are inviting all men and women with hair fall, thinning, receding or balding problem to call us NOW and a chance to receive our Expert Advice Free109 words
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Advertisement308 1986-12-16 1 Bracing for empty rooms HOTELS IN HONGKONG are gearing up for a predicted fall in tourists over the next few years as well as an over-supply situation as new rooms are added to the present total. As the competition intensifies, what are the hotels doing to retain their market share?308 words
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Advertisement8 1986-12-16 1 Survey* optimistic about Thai invastmant climata, Paga 48 words
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Advertisement130 1986-12-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Reports on Prime Minister Lee Kuan Yew's question-and-answer session at the NUS forum, Back Page v 1 Shipping Timet comet at a aaparate taction today. Make aura you gat your copy. To be perfectly franc, it's the million dollar question. Pound for pound, every130 words
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HOME NEWS
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425 1986-12-16 2 MARTIN SOONG - By MARTIN SOONG THE AIR FORCE is finding that there are fewer good men to choose from for pilot training and those with the right qualifications are likely to be wearing glasses. So it has lowered its sights. From yesterday, Singaporean males with425 words
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351 1986-12-16 2 WHILE COMPUTERISATION at the Ministry of Labour's Employment Service Department has made job matching more efficient, it cannot guarantee success. And although more job-seekers can be entertained now, the number who rejected job offers has not improved and for the same old reasons such as351 words
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432 1986-12-16 2 AMY BALAN - By AMY BALAN THE HOUSING and Development Board has promised to pay market rates for HUDC flats mortgaged to Credit POSB if and when the board decides to buy them back. BT understands that this private undertaking was given by the HDB432 words
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222 1986-12-16 2 SINGAPORE'S biggest social club, in terms of membership, will open in February next year. The NTUC Club, at NTUC Annexe, Shenton Way, is open to the 200,000 unionised workers in Singapore. Membership is automatic. Sam Chong Keen, the general manager of222 words
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Article446 1986-12-16 2 Seminars and courses DURATION Jon 2-23 Jon 3-17 ion 3-24 Jon 5-6 Jon 5-9 Jon 5-26 Jon 5Feb 10 Jon 5Feb 16 Jon 5Mar 9 Jon 12Mar 6 Jon 15-16 Jon 17 Jon 23 Feb 19-20 F«b 23-25 Mar 23-25 Apr 6-8 TITLE Monogement Assistance Programme Financial Monogement Analysis446 words
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507 1986-12-16 3 BOEY KIT YIN - By BOEY KIT YIN THE TIMBER INDUSTRY appears to be finally coming out of the woods. In the first 11 months of this year, timber exports recorded a modest one per cent growth over the same period last year. The increase may seem507 words
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659 1986-12-16 3 MONICA GWEE - By MONICA GWEE THE NEXT two years in Asia will be difficult under almost any scenario and a forced revaluation of North Asian currencies is a possibility. A 15 to 20 per cent forced revaluation of the yen, the New Taiwan dollar, the Chinese659 words
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Page 2 Advertisements
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Advertisement142 1986-12-16 2 Big corporation?tCTK?w idea! Office space when they see it. That's why SouthpoirU is 94% occupied by major inteJtnalionartanarus. There are fjjw small areas of between 1,000 sq ft and 5,000 sq ft available for lease if you would like.Xo joiif them.. Please contact David Lawrence or Pauline Coh today to142 words
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Advertisement126 1986-12-16 2 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 the126 words
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Page 3 Advertisements
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Advertisement32 1986-12-16 3 Limited Edition. <' I u I n > r k?3 ';V wnu X t fci" A rare and fine gift. Two exquisitely crafted Hennessy X.O miniatures with a 70cl bottle of Hennessy X.O-The Original.32 words
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Page 3 Miscellaneous
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Miscellaneous1030 1986-12-16 3 m jffi) BaQQ® !|jp^ inr: I I V! TUESDAY PREMIERE Ordinary People 10.30pm, Channel 5 This film is a cinematic transcription of the best-selling and critically acclaimed novel by housewife Judith Guest. The story revolves around a suburban family, the Jarretts (from left Mary Tyler Moore, Donald Sutherland and Timothy1,030 words
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ASIA-PACIFIC
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260 1986-12-16 4 Reuter THE JAPANESE government is expected to adopt an expansionary budget in 1987/88 starting on April 1. to help the economy expand and cope with shocks caused by the strong yen, a senior official of the Ministry of International Trade and Industry (Miti) said,Reuter - 260 words
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416 1986-12-16 4 THAILAND's investment climate has been praised as "the most excellent" in Asia following surveys conducted by the Foreign Chambers of Commerce of Thailand. National Economic and Social Development Board secre-tary-general Or Snoh Unakul disclosed this last week in Bangkok at the Ninth Joint Public/Private416 words
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120 1986-12-16 4 AFP THE JAPANESE government is to increase financial cooperation to help the US pay Japanese who work at US military bases in the country. The step is to be taken in the new fiscal year, starting in April, because of the yen's feharp appreciationAFP - 120 words
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316 1986-12-16 4 UPI SECRETARY-GENERAL Truong Chinh launched the sixth Vietnamese Communist Party Congress yesterday, blaming Vietnam's leadership for the nation's socio-economic failures. The meeting, titled "The congress of renovation, unity and single-mindedness," is expected to approve broad economic reforms and possibly reshuffle leaders. Mr Chinh,UPI - 316 words
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Page 4 Advertisements
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Advertisement167 1986-12-16 4 TOP OF THE CLASS! Thai's Royal Executive Classhas been voted the Best Business Class in the 1986 Airline of the \ear Awards We admit we had gone to extraordinary lengths for the business traveller. Wider-than-normal seats and legroom. Exquisite linen, fine porcelain, silver cutlery and a choice of menus and167 words
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Advertisement178 1986-12-16 4 Hj "W' Dal I "I'll-! E II I rSn in < ML' ill 1 I,I LiLILLi ll B H ***i *:V ■r: i. Iff MI JL pa ■vK H? M til s *,r ;.J» *tf t m m II i x Br ;i 5 A SZ.?^. uz. Jim A IF178 words
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REST OF THE WORLD
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Article626 1986-12-16 5 ARRIVALS Op* rat Of Sorvic* Local From numbor tim* 3U GA956 1355 DPS HA SQ956 1355 DPS HA SQ109 1405 KUL MA SQ455 1410 BWN rHAI TG405 1415 BKK/HKT w AY902 1420 HEL/8KK -UFT LH694 1425 HA/BOM (LM KL831 1430 AMS/KW1 3U GA881 1435 LGW/ZRH/AUH rMAJ TG413626 words
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Article, Illustration450 1986-12-16 5 Reuter PRESIDENT RONALD REAGAN is considering a dramatic personal appearance before congressional investigators in a bid to defuse the growing Iranian-contra arms scandal, says his close friend Senator Paul Laxalt. Congressional officials said yesterday that White House Chief of Staff Donald Regan might be calledReuter - 450 words
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291 1986-12-16 5 FT PROSPECTS for the short-term development of the Swedish economy have improved with the surprising announcement last Saturday that the Swedish inflation rate is now expected to stay below the crucial level that would trigger a renegotiation of the national wage settlement for 1986/87. TheFT - 291 words
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290 1986-12-16 5 Reuter FEDERAL RESERVE chairman Paul Volcker has urged the US business community to make productive investments to help correct the huge American trade imbalance and called upon all to resist protectionism. Mr Volcker said in a Yeshiva University convocation address yesterday that making paper dealsReuter - 290 words
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288 1986-12-16 5 Reuter SOVIET INDUSTRIAL output rose by 4.9 per cent in the first 11 months of 1986 and oil production was up on last year, but there was still scope for economic improvement, the daily newspaper Sotsialisticheskaya Industrie said on Friday. Quoting Central StatisticsReuter - 288 words
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192 1986-12-16 5 AP THE SOVIET UNION will make an early payment of US$25 million to ease the UN financial crisis. The payment will be made this month from the Soviet Union's 1967 budget assessment of US$7l.4 million, according to Soviet UN Ambassador Alexander Belonogov. TheAP - 192 words
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Page 5 Advertisements
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Advertisement153 1986-12-16 5 I m \j\ II I The business person's choice, every I I II \I I II II I Tuesday. Thursday. Saturday and I M f I \l I M 1 mI \l Sunday. Leaving Changi Airport at J *-I XJ- 1 22:05 hours and arriving at Heathrow at 06:45 hours153 words
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MONEY AND EXCHANGES
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462 1986-12-16 6 MBT BANK NEGARA has come up with new exchange control requirements which will take effect from Jan 1. This follows the recent announcement by Malaysian Finance Minister □aim Zainuddin that further measures will be taken to liberalise the exchange control regime. TheMBT - 462 words
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Article745 1986-12-16 6 SINGAPORE: The US dollar and sterling both closed firmer yesterday but overall trading was thin. The dollar rose on short covering and speculative buying but some selling emerged at the higher levelc to trim its rise. Most operators were closely watching the outcome of US Treasury Secretary James745 words
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Article172 1986-12-16 6 Interbank rates at 3pm yesterday: CUfHOCt— •M i rate* 1 ONer hnllh.anun Local dollars to on* unit of foreign currency: US doNor 2.1925 2.1935 2.8196 •22.24 Sterling pound 3.1418 3.1454 7.3469 -57.24 Australian dollar 1.4514 1.4542 3.4286 -57.67 NZ doMar 1.1324 1.1351 3.4286 -66.97 Canadian dollar 1.5904 1.5917172 words
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Article, Illustration131 1986-12-16 6 THE OVERNIGHT rate on the Singapore interbank market closed at 1/2 per cent yesterday, down 1/2 point. The term rates declined 1/16 point each to 3 5/16 per cent. Indicate» Mm average of Vie prime lending relet el 12 me|or benfce In Singapore I S$ Interbank rates at131 words
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Article301 1986-12-16 6 HONGKONG: Gold closed a shade higher in fairly active trading on continued local buying interest yesterday. Sentiment was helped by improved prospects for Opec to boost oil prices by agreeing on output cuts. The metal closed just above the day's low. Gold ended at U*****.80/U*****.30 an ounce against301 words
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Article236 1986-12-16 6 Asian ASIAN DOLLAR deposit rates closed steady at opening levels yesterday. Overnight closed at 6-1/4 6-1/8 per cent and Tuesday/Wednesday and week-fixed at 6-3/16 61/16 per cent each. Asian dollar CD rates were unchanged at the morning's levels. One month closed at 6.35/25, three months at 6.15/05 and six months236 words
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Article583 1986-12-16 6 BA Futures MARCH Eurodollars opened 2 ticks lower than last Friday s close but marginally higher than Chicago's closing level. However, weakness in US Treasury-bonds saw the March contract being sold oft to 93.91 on thin volume. The market was quiet but prices remained on the lower end ofBA Futures - 583 words
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Page 6 Advertisements
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Advertisement133 1986-12-16 6 The "Secret" To i Great Barbecues r\ N > 1 Discover the secret" of Ovistmas under the stars at the Ninon's delightful rooftop bar and eatery, Tradewinds. Relax and enjoy the gentle breeze as you feast upon a sumptuous barbecue. >>'»*' On both Christmas Eve and Mew Year's Eve, an133 words
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Advertisement155 1986-12-16 6 A Gourmet's "Secret" irQ Discover the "secret" of Christmas In the grand tradition of intimate hospitality that Is the essence of the Harbour Or ill. On Christmas Eve, you can indulge in an elegant evening of dinner Ot dance, highlighted by an exquisite candlelight dinner with champagne cocktail and the155 words
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Advertisement198 1986-12-16 6 n Knight Frank heong H<xk hyr liuillkn For Sale PRIME COMMERCIAL BUILDING WITH NAMING RIGHTS Single storey centrally airconditioned building 13 Suitable for offices, clubs, food shops etc Q Area: 24,000 sq ft Recently refurbished and upgraded with the latest phone and computer trunking facilities Excellent location Easy accessibility Q198 words
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BANKING AND FINANCE
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277 1986-12-16 7 MINEBEA INVESTMENT Pte Ltd, the wholly-owned subsidiary of the world's largest supplier of precision ball bearings of the same name, is raising Ssso million through a partially underwritten note issuance facility. Proceeds of the facility, which is lead-managed by United Overseas Bank and277 words
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313 1986-12-16 7 Reuter LLOYDS BANK'S decision to pull out of Bahrain makes it the fifth bank to announce closure of its offshore operations in the state this year and could cause other banks to review their role on the island. Bankers in Bahrain said yesterday thatReuter - 313 words
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Article242 1986-12-16 7 Reuter US BOND PRICES appear to have more downward than upward potential in the final weeks of 1986 as investors sell to book 1986 profits amid dashed hopes for a quick Federal Reserve interest rate cut. Analysts in New York said yesterday that there may alsoReuter - 242 words
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212 1986-12-16 7 LEADERSHIP has changed hands at the Singapore Forex Association of Singapore (FAS) with Jimmy Tay of Barclays Bank passing the torch to Victor Lam of Midland Bank. Mr Lam, Midland's treasury and forex manager, was elected president at the association's AGM held earlier this month212 words
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302 1986-12-16 7 AMY BALAN - By AMY BALAN THE US DOLLAR fixed rate negotiable certificate of deposit (NCD) seems to be catching on in Singapore. The Singapore branch of Tokai Bank has mandated Chemical Sanwa Merchant Bank and two Hongkong merchant banks Chemical Asia and302 words
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359 1986-12-16 7 INDIAN BANK yesterday signed a certificate of deposit (CD) issue for US$5O million, the fourth time that it is tapping the international market for funds. The CD, the bank's largest issue to date, is fully supported by a revolving underwriting facility with a tender359 words
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Page 7 Advertisements
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Advertisement203 1986-12-16 7 ¥100,000 Emperor Gold Coin Japan's first gold issue since 1932 issued, to commemorate the 60th anniversary of the reign of Japan's Emperor Hirohito V vv_ V 9 In Japan, those wishing to own it, first have to buy lottery tickets and only those I with the winning numbers can I203 words
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Advertisement153 1986-12-16 7 What a way to come home from San Francisco. 0 a m 0 J u i a. N vir *<J-y <s*lS im <• <•{' Vf J J J i' -1" ■Mb s <• IMzH- '1l i i- n l?N °i§'> '"5 *sxl <1 b*" v 1 m .'j ft TIT'153 words
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WORLD BACKGROUND
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Article, Illustration976 1986-12-16 8 Government under increasing pressure to build bombs AP AT A LARGE seaside complex surrounded by wooded hills, Indian scientists work on sophisticated nuclear technologies involving weapons-grade Plutonium. enriched uranium, radioisotopes and lasers. Their pioneering research at the Bhabha Atomic Research Centre in Trombay, 15 kmAP - 976 words
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546 1986-12-16 8 Reuter AUTHOR SAUL BELLOW is big in Beijing, the Carpenters' pop songs are hits in Shanghai and the thoughts of American vehicle magnate Lee lacocca are as easy to find as Mao Zedong's on Chinese bookstalls. But like scores of otherReuter - 546 words
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822 1986-12-16 8 AP TALK ISN'T CHEAP in the European Community. The common market expects to spend US$76O million next year for written and oral translations of the nine languages used in its deliberations. Although only 2 per cent of the budget, the amountAP - 822 words
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752 1986-12-16 9 AFP JAPAN'S trade partners, angered by the huge trade surplus Japan has built up year after year, should look at the yen figures instead of focusing on US dollar statistics, the country's chief trade negotiator says. "We shouldAFP - 752 words
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Article, Illustration905 1986-12-16 9 LEONARD SILK - Marked improvement expected next year In this article, LEONARD SILK takes a look at the US deficit problem through the eyes of top American economists. The accompanying articles examine the trading relationships between the world's three economic giants and Japan's approach to tackling a workaholicNYT - 905 words
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840 1986-12-16 9 Reuter EUROPE seems to feel alone and unloved as it gazes over the cold Atlantic at the increasingly cosy Pacific friendship between Japan and the US. With one hand, the European Community offers Japan the benefits of greater closeness and cooperationReuter - 840 words
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Article, Illustration752 1986-12-16 9 AP A LAW to cut the work week gradually by eight hours could become the Japanese government's first effective weapon against workaholic habits, which have defied other approaches for a decade. But Labour Ministry and other officials predict legislation recently proposed byAP - 752 words
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Page 8 Advertisements
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Advertisement273 1986-12-16 8 1 At Pete's Place, we're like one big, happy family. So when you come, we treat you like guests. In the kitchen, our mama (he's very nice) will make you the finest soup or salad, pizza or pasta, dessert and coffee or tea for just $14 -Our waiters always serve273 words
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Page 8 Miscellaneous
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Miscellaneous45 1986-12-16 8 YOU KNOW, Ml KB, THE UIATER (M>IN6OFF7T£C£JLM&MHX/H3OFIUW&J IF YOU Close YOUR MS, YOUCANALr MDSTIMA6tNEdt)H6ONTHE PORCH AFTER A STORM! BY GARRY TRUDEAU MHY...UHY.MR. KLLOUS! WHAT BRINGS YOU ALL THE WAYOUTHERE* THE. TORRENTIAL POUJNPOUR IN THE BOARDROOM. i u m m i IF, •r V* S3 rj45 words
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Page 9 Advertisements
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Advertisement222 1986-12-16 9 rr V t 1 u y V K-I E Coi'l TH^i i:.t i t«1 12' I 1 i "A foon phases" gents' model by •I a' C'oultre. Automatic movement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C.I.L. Centre Hilton Hotel222 words
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FEATURES
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Article508 1986-12-16 10 FOR 25 YEARS, Singapore's schoolchildren have stood to attention daily for the flag raising and lowering ceremonies and to sing the national anthem and recite solemnly: "We the citizens of Singapore pledge ourselves as one united people, regardless of race, language or religion Mostly508 words
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Article, Illustration1403 1986-12-16 10 NICHOLAS KRISTOF - Hongkong hotels, like their Singapore counterparts, are pushing service to fight increasing capacity as new hotel construction adds more rooms and tourism appears to be slowing down. NICHOLAS KRISTOF reports on the scenario which is worrying executives in the hotel industry. NICHOLAS KRISTOF NYTNYT - 1,403 words
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Page 10 Advertisements
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Advertisement78 1986-12-16 10 The Szechuan Experience with the Meisan Difference m x> j 9_v4', V ?4*> 2 Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover SI MEISAN At the Meisan. [3*l fSS\ SZECHUAN RESTAURANT Distinctively Szechuan, Instinctively Metsan Royal &nrc Singapore 25 Scotts Road,78 words
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Advertisement240 1986-12-16 10 Check out the new computer IBM has just given to Computer Age t -rr f -u, .ivl. frfml N WW 'iJAUJ I <r mm The IBM System/36 PC #IBM has just given the S/36 and PC experts at Computer Age the #IBM has just given the S/36 and PC experts240 words
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Page 10 Miscellaneous
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Miscellaneous49 1986-12-16 10 HOu) DID VOU G€T ON BT TMB. BRltfCA6£ HOu) moCM MOM6>/ DID VOU mRKE. SD3PRISINGY UieU-. fiOHC t DIDN'T SeU- R Ty4»NG. f\ LORSOr4mYUJp>VToDROPTHeOMSOtD I I GOODS IisJTO TH£ DUST6IM U)H£M I m£j" j \JHIS PHRN WHO ORREfIED TO IMe. A- —< q i stooPPeD THC LOT FOR. A HANDFUL49 words
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SPORTS
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Article, Illustration497 1986-12-16 11 Reuter WITH THE US$2O million support of a group of Texas millionaires and an assortment of major companies. including Cadillac Cars, the New York Yacht Club landed in Australia with high hopes of winning back the America s Cup. But two years workReuter - 497 words
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Article, Illustration316 1986-12-16 11 AFP FRENCH KISS surprisingly lost to Italia yesterday to draw New Zealand as its semi-final opponent in the America's Cup challenge. The French boat's loss set up an all-American clash in the other semi-final, which will pit Tom Blackaller's USA against Dennis Conner'sAFP; Reuter picture - 316 words
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238 1986-12-16 11 BORIS BECKER won his third straight Young Masters tennis title in Stuttgart on Sunday, defeating Sweden's Jonas Svensson 7-6 (7-5). 7-6 (7-1), 6-3 in the US$l5O,OOO under-21 event. "I was never as nervous as I was before this match," Becker said. "I238 words
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Article194 1986-12-16 11 UPI GARY HALLBERG and Scott Hoch, second-place finishers the last two years, played the final five holes in five-under par on Sunday to rally from a three-shot deficit and win the US$6OO,OOO Chrysler team championship at Boca West. Hallberg and Hoch's four-day total of 37-underUPI - 194 words
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Page 11 Advertisements
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Advertisement75 1986-12-16 11 Play gol£ the Sevvy way Playing from a p/vot mark can upset the best of players especjally AFTER A GOO£> PRiVE... THE WAY TO TACKLE THIS PROBLEM Shot, is to appress the ball w the mipple of the stance, OPEN THE CLUBFACE AN£> TAKE A FULL SWING... ft e Tt75 words
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Advertisement305 1986-12-16 11 Specifications may be subject to change. IJUXUEY PORTHOSEWHO KNOW THEIR OWN WORTH. The days when you were prepared to The new Independent Rear accept the bare essentials in a car are over. Suspension makes for a smooth ride with Especially when you're prepared to pay the greater stability and straightline-tracking.305 words
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Page 11 Miscellaneous
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Miscellaneous661 1986-12-16 11 CRYPTIC PUZZLE ACROSS 3 A handy joint (5) 8 Stone you don't exactly have to pay for? (5) 10 Water from an oiler? (5) 11 He gets the stick (3) 12 Turn back to a VIP (5) 13 Money on one's head? (7) 15 Something to go and see? (5)661 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration371 1986-12-16 12 Reuter THE CHIEF of Australia's press watchdog body said yesterday he had quit over its refusal to oppose media tycoon Rupert Murdoch's takeover bid for the country's largest newspaper group. Australian Press Council chairman Hal Wootten said the council was unworthy of itsReuter - 371 words
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712 1986-12-16 12 NYT THE CHRISTMAS BONUS, a time-honoured tradition on Wall Street, is likely to be fatter than ever this year, as the financial industry races to complete its best year ever. In dollar terms, bonuses should be about 20 per cent toNYT - 712 words
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331 1986-12-16 12 AP THE SALE of the nationalised Samt-Gobain glass and building materials conglomerate was a big success, with private citizens offering to buy 14 times as much stock as was available, the French Finance Ministry said on Sunday. A ministry statement said more than 1.5AP - 331 words
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639 1986-12-16 12 NYT DENNIS LEVINE and Ivan Boesky. who have settled insider trading charges with the US government, seem only to await sentencing and a chance to get on with their shattered lives. But they and their lawyers are facing another question: willNYT - 639 words
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310 1986-12-16 12 UPI REGULATORS from 10 countries including Britain, the US and Japan have concluded a secret meeting on curbing financial crime, promising a "better exchange of information" to catch insider traders and other international offenders. The British government convened the meeting promptedUPI - 310 words
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Page 12 Advertisements
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Advertisement538 1986-12-16 12 m mem > id S9 3TS .7 A x—.-. Is tr.P c^l^c(j&me 17 buffet selections daily, with limitless cups of tea and coffee. Try our nonya kuehs. ice-kachang. tau-suan curry puffs, mini pizzas, noodles, pies. French pastries, ice- cream and fruits. If these sound good, theres more Six local favourites.538 words
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Advertisement132 1986-12-16 12 > V 0 *tr f '9k h > Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to come for lunch or dinner132 words
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ASIAN STOCKS
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Article408 1986-12-16 13 HONGKONG: Share prices yesterday closed lower in fairly active trading as profit taking continued. The Hang Seng Index shed 13.80 to end at 2,449.43 after rising some four points initially. The Hong Kong Index slipped 9.86 to 1,557.42. Brokers said selling pressure was sporadic and most prices ended around408 words
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Article302 1986-12-16 13 OffC 15 NT All Sincere Indus Asia Cement Cathay Cons Chang Hwa Bank. Chang Loong Chia Hsin Cement. Chin Hsin Flour China Cham China Dav China Eiact Wire China Quit Plas China Rabar China Steal Chung Hwa Pulp Chung Shing Tax. Far East Dept Far East Tex First Bank302 words
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Article493 1986-12-16 13 TOKYO: Stocks closed lower yesterday on profit-taking due to expectations of a possible Opec pricing agreement. The market average closed 41.70 lower at 18,788.94, but had risen in early trade as high as 18,897.85 on anticipation of year-end gains. On Friday the market advanced 99.39. Declines led advances four493 words
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Article94 1986-12-16 13 DEC IS PESOS Aco|« Mining Anglo Phil Ap«x Mining B 0 024 unch Atlas Con B 21 50 unch Bagi»o Gold Baaic Petrolaum oooe unch Bengual Con B l°2 7 Firat Phil Hldga 8 80 -05 Lepanto B 0.1150 unch Marcopper 1 22 -0 06 Marsteal Oriental B 094 words
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Article490 1986-12-16 13 SYDNEY: Australian stocks closed steady yesterday in active trading as demand for gold and resource issues offset selling pressure in the industrial sector. Higher bullion prices, speculation the federal government will reject a tax on gold producers, and hopes of higher oil prices boosted demand for resource stocks. At490 words
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Article134 1986-12-16 13 Dec 15 Won CM Sugor 1830 20 Doewoo Corp 1075 -15 Do* woo Hcovf_ w 1330 und> DooAm tnd 560 25 DotaMn SocuHtiot 4600 350 Dong Ah >26 -4 Dongbu SlooL 1640 -20 Dong Suh Stodi 1940 -19 Cold Star 1830 -20 Hani Bank 985 30 Hon* CowoK 1170134 words
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Article178 1986-12-16 13 Reuter BANGKOK: The Stock Exchange of Thailand Index fell 1.69 to 198.91 on a turnover totalling 1,514,299 shares valued at 260.7 million baht. DEC 1S BAMT Ao Kham Thai Asia Fibra 310 -18 Ayudtiya Irwaatmant 218 -4 Bangkok Aground Bingkok Bink 48 277 0 75 -4 Bank Of AyudhyaReuter - 178 words
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Article63 1986-12-16 13 Reuter THE KUWAITI CABINET has approved a programme under which firms listed on the Kuwait Stock Exchange will undergo a 10-for-one share split. State Minister for Cabinet Affairs Rashid Al-Rashid said the move is to boost share buying by small investors. Kuwait is trying toReuter - 63 words
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383 1986-12-16 13 Bernama LIMITED COMPANIES in Malaysia received an income of Msl.3 billion from their investments abroad in 1984 against M 55.3 billion paid out to foreign residents as income for their investments in Malaysia, according to the Malaysian Statistics Department. A survey of 2,954Bernama - 383 words
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228 1986-12-16 13 Reuter STATE-OWNED Government Life Insurance Corp of New Zealand is selling 74 per cent of its whollyowned finance company Broadbank Corp Ltd to National Australia Bank Ltd. National Australia's shares traded at A 55.60 in Sydney yesterday, valuing the sale atReuter - 228 words
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93 1986-12-16 13 Reuter THE BAHRAIN-BASED Arabian Investment Banking Corp EC (Investcorp) said its offer of 200 million 25 US cent common shares was substantially oversubscribed. Investcorp's share offer, which ran from Nov 8 to 27, will boost total shareholders' funds to about US$l2O million at year-end from US$59 millionReuter - 93 words
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197 1986-12-16 13 Reuter ELDERS RESOURCES Ltd has launched an on-market takeover bid of A 52.55 each for all the shares in oil and gas group TMOC Resources Ltd that it does not already hold. Elders already holds 19.9 per cent of the 61.92 million issuedReuter - 197 words
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Page 13 Advertisements
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Advertisement159 1986-12-16 13 i Mm a* wim, dtiie aai if Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood. Gado Cado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is159 words
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Advertisement130 1986-12-16 13 dftfll S^7So much to choose for only $16.50 A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, tortes cheese board, fresh fruit freshly brewed coffee All for $16 50 And for $26 50 you can add a roast or a130 words
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Advertisement137 1986-12-16 13 Discover a whole new experience r 5«»" TAKE FIVE LOUNGE STEAK HOUSE Level 5 A Celebrated Festive Fare 24 31 Dec '86 Set Lunch $18-. (Aduk) $14- (Child bdow 12) Set Dinner $45 nett (Aduk) $30 nett (Child below 12) Inclusive of Novelties Reindeer Mug Dance to the latest pulsating137 words
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Advertisement160 1986-12-16 13 Fashionably hyatt Join the fashion-conscious ever> r 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 at160 words
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Advertisement154 1986-12-16 13 m +-r Food aßoom Package \v Fin d**cac> ncMM A room provided FrM *v Deluxe Single/ double occupancy s s66 Transit Special SS4SL ■hi wll H ml tiwMMt StMla«Mt«brMk from your h«avy Far lnn«m TO: mi HI. 714Htt ach*dula or tuat waa* up and ratax 1 'ha cool o» our154 words
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RAW MATERIALS
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564 1986-12-16 14 Consumers accuse producers of manipulating market Reuter WHOLESALE coffee prices, which have tumbled by almost a third since September, could fall further because of a row between producers and consumers over alleged attempts to influence the market, according to analysts. Coffee-consuming countriesReuter - 564 words
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430 1986-12-16 14 Reuter WHEAT IMPORTING countries, while enjoying steadily sinking prices owing to the major wheat exporters' battle for market share, are growing increasingly concerned about their dependence on other countries for grain supplies, said International Wheat Council (IWC) sources. Some importing nations fear prices cannotReuter - 430 words
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140 1986-12-16 14 AFP WESTERN WORLD stocks of aluminium in all forms including scrap fell in October to their lowest level since September 1980, at 3.667 million tonnes, compared with 3.723 million tonnes in September this year, according to figures from the International Primary Aluminium InstituteAFP - 140 words
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580 1986-12-16 14 Bernama WITH INDIA and Pakistan expected to stay away from the crude palm oil futures market, at least until the end of the year, dealers say that prices on the Kuala Lumpur Commodity Exchange may remain bearish. India,Bernama - 580 words
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Article191 1986-12-16 14 MALAYSIAN crude palm oil prices closed lower yesterday, extending last week's falls on further short selling and reserve of buyers, in line with easiness in palm oil futures and after a weaker Chicago soyoil futures close last Friday. In the Dec position, south and central regions fell Ms2s191 words
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Article95 1986-12-16 14 OIL PRODUCTS IT WAS another quiet day in the Far East petroleum products market as traders remained sidelined in view of the on-going Opec talks. Naphtha firmed on sentiment although trade was thin. Other products remained stable. Closing prices for crude (FOB o rigin) US$/barrel Change Dubai (Jan) 14.45 0.4595 words
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Article76 1986-12-16 14 (canti/kg, 1 -too paltot) JAN 87 FEB 87 (currant month) (forwai d month) NOON NOON RAS br«i f sat so 169 JO 171.50N 170.50 172JON SSI 50 167.50 169JON 16A50 170 JON MRELB •wy*n S#N#n Kuftrl SrfWn SM* CV 276.50 278JON 277JO 279JON SM* I 2*0.00 282.00N76 words
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Article136 1986-12-16 14 Chinese Produce Exchange Seileri' noon doting prh :e» on Dk 15 (SI/100 kg). Coconut oil Bulk FOB 66.00 Otd drum FOB 76.00 New drum FOB 86.00 Copra Mixed (Ioom) 33 buyen Pepper Muntok White FOB NIW 1415.00 Sarawak White FOB foq NIW 1400.00 Sarawak ipcckil block FOB NIW136 words
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Article178 1986-12-16 14 SINGAPORE The market closed higher yesterday with Jan* One RSS buyers quoted at 179.50 cents/kilo, up 1.75 cents from last Friday. TSR-20 Jan closed 1.50 cents higher at 165.00 cents/kilo and February one cent higher at 165.50 cents. MALAYSIA The market closed higher on renewed demand, with Jan SMR178 words
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Article276 1986-12-16 14 RAS prices mscmmo,fobum NOON CLOSE bit 1 KSS Prompt 181.50 182 JON 181.00 182.00 fa» 1 KSS Jon 87 180.00 181.00 179.50 180 JO bit 1 KSS F*b 181-50 182.00 181.00 181 JO bit 2 KSS Of 175.75 *****N 175.25 177.25N bit 3 KSS Of 173.25 175.25N276 words
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Article107 1986-12-16 14 THE PRICE OF TIN on the Kuala Lumpur tin market dropped 10 cents to dose at M 516.29 per kilo yesterday In line with the lower European spot market. The fall was due to a further lack of support after the recent riee, as European traders decided to107 words
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Article67 1986-12-16 14 Bangkok (USI/tomw, FOB) White Rice 100% 1ft dots 245 100% 2nd don 210 100% 3rd don 205 5% 195 10% 190 '5% 185 20% 175 2.5% 170 35% 170 Broken Rice A-l Sup*r 118 A-l SfMdol 115 C-1 Spociol unq C-l Ord unq Loonzain Rice 100% 1 st grod*67 words
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Article687 1986-12-16 14 COFFEE Robusta futures were generally steady during quiet morning trading yesterday, underpinned by light jobber buying in the absence of fresh news or physical activity. By midday, contracts were unchanged to £6 a tonne higher. March traded last at £1,795 a tonne yesterday morning, up £1 from last687 words
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Page 14 Advertisements
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Advertisement150 1986-12-16 14 .t St o? 0 v *V\ (✓V £'/2V*§ sji^s r: ORDER FORM Yes, I would like to subscribe/renew. Please send the magazine to the following address Name: Address: Company:. Designation Enclosed is cheque/money order no: for $49.00/$71.25/$64.75. Cheque/money order should be made payable to Times Periodicals Pte. Ltd. Please send150 words
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SHARE INFORMATION
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Article, Illustration4043 1986-12-16 15 SHARE PRICES on the Singapore stock market drifted lower yesterday. Trading was dull with many investors and fund managers in a holiday mood. The volume in terms of shares transacted dropped below 10 million, the first time in a long while. The4,043 words
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Article213 1986-12-16 15 SINGAPORE Rises Indices Oac 12 Doc 15 M "0 IT Comport. 7(042 77SX>5 N 905 +5 ITMCM 2611(939 2396(443 110 +5 IT Ot/OS +21 .109 Carobo. 50< 434 +4 IT CADI -6(36 -6916 OmwMbp 270 4 IT OIV *7(232 +***** flj *1 SThwJwWoh 8*9 13 ((3.93 HorrMomM*>213 words
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Article2788 1986-12-16 15 BID and offer 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 of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".2,788 words
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Article280 1986-12-16 15 AMALGAMATED Industrial Steel Berhad: 16th AGM at Jalan Utas, ***** Shah Alam, Selangor, tomorrow at 10am. AYER HIT AM TIN Dredging Malaysia Berhad: 10th AGM at The PNB Theatrette, 2nd Floor, Menara PNB, 201 A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia, tomorrow at 9am. SUNSHINE ALLIED Investments280 words
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Page 15 Advertisements
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Advertisement27 1986-12-16 15 KL mtrfcti report, Business don* on tho KLSE, Pago 16 Let BT show you how every Wednesday. M onagers ust anage BT shows you how every Monday.27 words
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COMPANY NEWS
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365 1986-12-16 16 HOMER CHEN - GUMIS? By HOMER CHEN LONDON-BASED stockbroker Kleinwort Grieveson Securities believes that the Acquired Immune Deficiency Syndrome (Aids) epidemic should protect rubber prices and hence earnings of Harrisons Malaysia Plantations Bhd. In a short review of the company dated Nov 28, it recommended that365 words
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290 1986-12-16 16 Bernama THERE IS EVIDENCE that the container glass industry is recovering from the severe recession which it has endured for the past year, according to Malaya Glass Factory Bhd chairman Datuk Dr Yahya Ismail. He said in the latest annual report that after carefulBernama - 290 words
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438 1986-12-16 16 SHARE PRICES retreated in quiet trading on the Kuala Lumpur stock market yesterday as investors kept to the sidelines. Dealers said there was little in the news to interest investors. Only selective situational counters were fairly active while the rest438 words
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Article715 1986-12-16 16 Current b Books Dale Totol lor Total tor peymeot dale ctoae payaMe fee year teat year A 1 N 13*%l Aug 19 NYA NYA 13*% 27% A 1 S I S%Cb» Dac 5 Dac 17 Dac 23 5% 10% AM D 1 I3%lbl Dec 22 6/1/87 Fab 6715 words
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Article, Illustration559 1986-12-16 16 NAJEEB JARHOM - By NAJEEB JARHOM METAL CONTAINERS Ltd's $1.4 million investment in Carlee Electronics, an integral part ot the group's ambitious move into the high-technology area, is finally bearing fruit. After having disappointed its new parent company with losses in the second half of559 words
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500 1986-12-16 16 NST UNITED ESTATE Projects (UEP). the property arm of the Si me Darby group, is at an advanced stage of negotiations with two foreign operators interested in becoming anchor tenants of the company's Msloo million Subang Jaya Regional Shopping Centre.NST - 500 words
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Article1884 1986-12-16 16 810 and offer prices officially listed and business in and report ad to the Kuala Lumpur Stock Exchange yesterday, wtth tha number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified INDUSTRIALS Acmo lIBOSI AJbiomolu (2906) Aicom (71S 725) AISB1,884 words
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Article241 1986-12-16 16 Monogcrt' prices for Ok 16 Singapore Unit Trust The 0 88 095 The Savings fund 080 086 Sport frog Fund 034 030 Spore Sec Fund 058 063 S'pore invest Fund 068 0 73 S'pore Equity Fund 0.41 045* Asia Unit Trust Mol In vast Fund 122 I X241 words
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Article126 1986-12-16 16 HONGKONG Hongkong Index Mondoy 1557 42 frtdoy 1566 80 WMt ago *****6 Hang Seng Index Monday 2449 43 Friday 2463 23 Week ogo 2431 29 All Industrials Mondoy Friday Week ogo NEW YORK Dow Jones Friday Thursday Week ogo 2299 3 ***** 2289 2 *****6 *****5 *****6 TOKYO126 words
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Article, Illustration462 1986-12-16 17 AMY CHEOK - By AMY CHEOK THE UNITED INDUSTRIAL Corporation group has completed the sale of its remaining office building in Equitable Airport Center (EAC) in Los Angeles for U5525.85 million cash, and in the process will reap a tidy sum of $$4.5462 words
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210 1986-12-16 17 Bernama THE MALAYSIAN government should opt for a phased reduction in corporate taxation by 10 per cent over five years to give investors a psychological boost, the Federation of Malaysian Manufacturers (FMM) has said. In a memorandum to Trade and Industry Minister TengkuBernama - 210 words
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570 1986-12-16 17 HOMER CHEN - By HOMER CHEN THE 41 REMISIERS of defunct stockbroking firm E G Tan Co have still not given up trying to recover their total deposits of $1.78 million with the firm. This time, they have complained to the Commercial Affairs570 words
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172 1986-12-16 17 UNITED OVERSEAS LAND Ltd has appointed United Merchant Bank Ltd as the lead manager for its newly announced unsecured notes, to be called the $50 million 4% per cent guaranteed bonds due 1991 by Hotel Plaza Ltd with warrants to subscribe for UOL172 words
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328 1986-12-16 17 Bernama COMPUTER PRODUCTS distributor Microcomputer Centre (M) Sdn Bhd (MCSB) will apply for a listing of its shares on the Kuala Lumpur Stock Exchange and Stock Exchange of Singapore in 1988. MCSB technical director Leong Meng Foo said his company has already setBernama - 328 words
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LATEST RESULTS
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Article68 1986-12-16 17 Group pre-tax profits fell to M 5418,000 in the half year to Sep 30, 1986, from M 5786,000 in the previous corresponding period. At the attributable level, however, profits rose a third to $112,000 from $84,000 previously and compared favourably with the loss of $383,000 in the68 words
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Article58 1986-12-16 17 Group pre-tax profits rose a fifth to M 58.99 million in the six months ended Sep 30. 1986, from M 57.5 million previously. After-tax profits rose 17.3 per cent to $4.81 million ($4.1 million), giving earnings per share of 3.6 cents (3.1 cents). Turnover jumped 52.6 per cent58 words
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Article32 1986-12-16 17 Group pre-tax profits dropped 35.7 per cent to M 5563,149 for the six months ended Oct 31, 1986, from M 5876,093 previously. No interim dividend was mentioned.32 words
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Article172 1986-12-16 17 STRAUS TRADING Co Lid has appointed Mr Peter John Reardon as the company's chief executive to take effect on Feb 1 next year. Mr Reardon, a chartered accountant, was until recently the managing director of Sime Darby Trading, London. He has wide executive experience in Singapore and Malaysia172 words
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Page 16 Advertisements
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Advertisement302 1986-12-16 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF TIAN JUNG INDUSTRIAL FACTORY CO (PTE) LTD (Members' Voluntary Winding Up) At an extra general meeting of the members of TIAN JUNG INDUSTRIAL FACTORY CO. (PTE) LTD duly convened and held on the 11th day302 words
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Advertisement277 1986-12-16 16 POIAR SHIPPING PTE UD (In Member* Voluntary Wlnding-Up) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of POLAR SHIPPING FTE LTD duly convened and held at 36 Robinson Road. #05-01 City House, Singapore 0106 on 10 December 1986 the toUcwing resolutions were duly passed as SPECIAL RESOLUTION That277 words
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Advertisement230 1986-12-16 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 DECADE INVESTMENT PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the above company held at 10 Anson Road, #36-01 International Plaza. Singapore 0207 on 9 December 1986, the following special resolution was passed:-WINDING-UP "That DECADE INVESTMENT PTE LTD230 words
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Advertisement6 1986-12-16 16 On target, Chart Point every Monday6 words
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Page 17 Advertisements
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Advertisement7 1986-12-16 17 E335fi338^55i*****3 V *<. f I 1 UiiSKMK 17 words
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Article, Illustration637 1986-12-16 18 PM assures Dr Mahathir: 'We will not interfere' AN ASSURANCE that he has no intention of holding Singapore up as a model of inter-racial accommodation for Malaysia was given by Prime Minister Lee Kuan Yew at637 words
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356 1986-12-16 18 RECENT CHANGES to the press laws designed to restrict the circulation of foreign publications found guilty of consistently meddling in domestic politics have worked, according to the Prime Minister's views. "You see how accurate the Far Eastern Economic Review has become," said356 words
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201 1986-12-16 18 AFP THE PHILIPPINE government yesterday upheld an indefinite ban on deposed president Ferdinand Marcos's return from exile and unveiled twin economic programmes to quell communist insurgency. President Corazon Aquino called an emergency meeting of the Cabinet following rumours that Mr Marcos might return fromAFP - 201 words
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110 1986-12-16 18 Bernama. FORMER Malaysian Overseas Investment Corporation managing director Mohamed Abdullah Ang Swee Kang was sentenced to eight years' jail and fined Msloo,ooo, in default six months' jail, by the Kuala Lumpur High Court yesterday for committing criminal breach of trust involving MBernama. - 110 words
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316 1986-12-16 18 Bernama MALAYSIAN Prime Minister Datuk Seri Or Mahathir Mohamad said yesterday that the government had to interfere in the affairs of the private sector to ensure that public funds were not misused. The Prime Minister said that during the current economic recession, theBernama - 316 words
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Article86 1986-12-16 18 Bernama ES THERE IS NO CRISIS of confidence in Malaysia but the country is suffering from an epidemic of "tics", especially politics, a private sector dialogue with Trade and Induatry Miniater Tengku Razaleigh Hamzah was told yesterday. "We will go somewhere on less politics and moreBernama ES - 86 words
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Article101 1986-12-16 18 Reuter COMEX gold futures firmed early yesterday on buying fanned by widespread sentiment that Opec will hammer out an agreement by the year's end to raise oil prices. In a nervous market, gold for delivery was ahead US$2.2O at U*****.00 an ounce after running up toReuter - 101 words
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Article55 1986-12-16 18 Reuter WALL STREET stock prices slid lower in early trading yesterday as the selling presure from last week moved into the market and was exacerbated by futuresrelated sell programs, traders said. The Dow Jones Industrial Average fell 10 points to 1902. Declines led advances sev-en-three on volumeReuter - 55 words
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LATE FILE
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Article46 1986-12-16 18 Reuter US INDUSTRIAL production rose a strong 0.6 per cent last month after a revised 0.1 per cent increase in October, the Federal Reserve Board said yesterday. The figures indicated a healthy level of activity for all industrial sectors except energy. ReuterReuter - 46 words
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Article53 1986-12-16 18 AFP NEW FOREIGN investment in Indonesia this year is expected to match the 1065 level of US$BOO million, chairman of the Investment Coordinating Board Ginanjar Kartasaamita said yesterday. He added that investment next year would be smaller because the investments would come from what he describedAFP - 53 words
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Article34 1986-12-16 18 Reuter A US$3OO-MILLION World Bank loan to the Philippines, needed to rehabilitate the Philippine National Bank and the Development Bank of the Philippines, is being delayed by procedural problems.Reuter - 34 words
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Article33 1986-12-16 18 Reuter WEST GERMAN Economics Minister Martin Bangemann said that his country's economic growth could range between 2 1/2 per cent and 3 per cent on average next year. ReuterReuter - 33 words
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35 1986-12-16 18 Reuter LITTLE progreaa has been made in talks between Chief US Trade Representative Clayton Yeutter and Brazilian officials over a dispute involving US exports of computers and software to Brazil.Reuter - 35 words
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Article27 1986-12-16 18 AP THE SWISS government yesterday temporarily froze at least two Swiss bank accounts linked by US investigators to the Iranian-contra furore. APAP - 27 words
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Page 18 Advertisements
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Advertisement17 1986-12-16 18 Good ideas keep coming up Announcing the copier with super smart features. And other Sharp ideas. "v:17 words
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Page 18 Miscellaneous
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Miscellaneous52 1986-12-16 18 Outlook: Showers in ssvsral areas In tho lata morning and aflainoon Waport lor 24 hours prior to 7.30pm on Doc 15at ths airport Maximum tamparatura 31.1 Asaodatad humidity 59 Minimum tamparatura 23.2 Asaodatad humidity M Hours of sunshine 11.15 Rainfall in mlltlmatras nil Rainfall this month 261.7 Rainy days this52 words
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SHIPPING TIMES
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139 1986-12-16 19 Reuter NORWAY has asked Denmark for an explanation of a new shipbuilding finance plan which the Norwegian government thinks may breach OECD rules on fair competition, the domestic NTB news agency reported. Organisation for Economic Cooperation and Development rules lay down that credit for exportReuter - 139 words
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464 1986-12-16 19 LINDA CHEE - By LINDA CHEE ANOTHER VESSEL owned by United States Lines, the American New Jersey, was arrested yesterday morning in Singapore. The 4,258-TEU vessel was detained after a court order was obtained alleging non-pay-ment of bunkering fuel supplied by the Dutch company Transol Bunker B464 words
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131 1986-12-16 19 Reuter SEA-LAND Corporation, a subsidiary of CSX Corp, plans to offer improved container shipping services with shorter transit times between the US and the Caribbean and Central America to support growing agricultural trade. It said it will offer a second sailing fromReuter - 131 words
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135 1986-12-16 19 AP FOREIGN SHIP orders received by South Korean shipyards in the first 11 months of this year rose a whopping 213 per cent from last year to 1.95 million gross tons, the Korea Shipbuilders Association said. Association officials said the January-Novem-berAP - 135 words
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PORTSIDES
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Article73 1986-12-16 19 Fairplay THE ROTTERDAM-BASED Smit International group of companies has acquired a substantial holding in the Brazilian offshore services company Seamar. A number of Smit-Lloyd vessels are already working in Brazilian waters under Seamar management, and a Well Stimulation Vessel is also on order to Seamar forFairplay - 73 words
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Article81 1986-12-16 19 A MOTORBOAT carrying people to a picnic collided on Sunday with an unmanned vessel and sank in the Arabian Sea near Bombay. Police rescued 26 people, but four passengers drowned and another four were missing. Police said the accident happened when the motorboat was taking 3481 words
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Article139 1986-12-16 19 AP PIRATES took over a yacht chartered by a group of European and Australian tourists and robbed them of money and valuables in the Visayas Islands, the Philippines, the vessel's skipper said. Des Rogers, the Australian skipper, said the two pirates slipped on board the vesselAP - 139 words
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737 1986-12-16 20 UPI FLUCTUATIONS in the US shipping industry affect more than working sailors the tempestuous swings govern the ebb and flow of students through the nation's largest school for merchant marines, for which a fair wind is suddenly blowing. "They really keep you inUPI - 737 words
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Article, Illustration1235 1986-12-16 20 ZHOU MEI - By ZHOU MEI, Economics Correspondent THERE IS ROOM for optimism despite the gloom gripping the shipping industry. Sources of cheer are detected in several sectors. Improvement in the spot market for large crude carriers has been noted (although the present upturn admittedly has much to1,235 words
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Article700 1986-12-16 20 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-Canada line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben Line Cont V700 words
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425 1986-12-16 21 RELAXATION of the strict ship traffic separation scheme in the Strait of Hormuz is being considered by the International Maritime Organisation following reports of widespread deviations because of fear of attack. Ships are said to be leaving the lane entering the Gulf as it425 words
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Article1140 1986-12-16 21 A GENERALLY sluggish week on the London shipping freights market ended on Friday with a burst of chartering activity in the grain, coal, ore and timecharter sectors But there was no evidence the surge had any impact on a weak rate structure Egypt was a particularly busy grain1,140 words
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Article251 1986-12-16 21 AFP LITTLE change was seen in the rate structure during the past week on the freight market, where a plentiful supply of tonnage was available to meet sustained demand in anticipation of higher prices after the Opec ministerial conference in Geneva. Some larger units operating out of theAFP - 251 words
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172 1986-12-16 21 Seatrade Week A DRAMATIC revamp of the Philippine Maritime Industry Authority (Marina) is reported to be in the pipeline. Based on a reorganization plan now under study by the government, Marina is to be abolished and replaced by a Bureau of MaritimeSeatrade Week - 172 words
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7581 1986-12-16 26 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.7,581 words
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Article1727 1986-12-16 27 Who acts for whom The leading shipping lines operating from local ports and their agents A—B A Top Enterprise* Pte Ltd Seme (S) AB Shipping Boueteed Shpg Agencies AIM Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK).1,727 words
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Article372 1986-12-16 28 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Jurina <16 alongside 16 12/0600 Koto Jaya <32 alongside 16.12/1830 Koto Mutiara K31 alongside 16.12/1830 Ned Bahrain K18 alongside 16.12/0800 Kijeka <17 alongside 16.12/0600 Boogabila <9 16.12/1800 18.12/0600 Concord Echizen <16 16.12/1800 17.12/1500 Coral Princess <29 16.12/0600 16.12/1600372 words
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Article810 1986-12-16 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movemant Ship Voy data/time Operator cargo schedule Location N Beryl 22W 16.12.86 2200 NAPl F5A 1200-1400 B4 Pegasus P 458N 16.12.86 2000 Straits Shpg F5A 1100-1200 G1 Prosetia 96/86 16.12.86 1800 A Perintis F5A 0900-1000 14810 words
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Page 19 Advertisements
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Advertisement751 1986-12-16 19 (li.imlu-is l >1 n M 1 )l( !l< >!l.il Orient Ovhqeas CmtcUm* Line NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING) Mf W LMt CUTOK NfK NYC HFX 5 2*12 17/1 27/1 a/1 31/1 4/2 Ml/1 1/2 12/2 14/2 1(0 11/2 a 14/1 1/2 14/2 21(2 23/2 25/2 NEPTUNE MIX751 words
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Advertisement67 1986-12-16 19 THERE IS ROOM for optimism despite the gloom gripping the shipping industry. Page II RELAXATION of the strict ship traffic separation scheme in the Strait of Hormuz is being considered by the International Maritime Organisation following reports of widespread deviations because of fear of attack. Pag« 111 index to advertisers67 words
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Advertisement887 1986-12-16 19 *0 FESCO LINES r.P FAR-EASTERN SHIPPING COMPANY Regular Service To SOUTH EAST ASIA, JAPAN. INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE MAHtSX SERVES THRB UK PORTS SINGAPORE/TILBURY 19 DAYS. SINGAPORE/HULL 19 DAYS. SINGAPORE/GRANGEMOUTH —22 DAYS. IILI To US (»ul US flr.i EAST, WEST MM887 words
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Page 20 Advertisements
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Advertisement338 1986-12-16 20 VILLE DC JUPITER VILLE DE MERCURE VILLE O'URANUS INBOUND FROM N. CONTINENT/MEDITERRANEAN/ARABIAN GULF VESSELS KARACHI KAN OLA BOMBAY Ail (Mat. Ports A Rotation Art Subject To chango Without Notice. VILLE DURANUS OCEANUS SHIPPING AGENCY PTE LTD #83-43 ANSON CENTRE. SINGAPORE 0207 TEL: *****77 (10 UNES) TLX. RS ***** OSAL FAX:338 words
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Advertisement376 1986-12-16 20 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL GRIGOftOUSSA BRAVE THEWS ROSE GAIGORPAN PT. ol LOG SzciecinHbf-Ant Boulogne-Dunk irk-Ant Hamburg/Antwerp Szczecin-Hbg- Ant TEL: 03-*****50 Malaysia son. bho. TLX: ***** MTM Frt. Booking contact Miss Gan LANG S PORE LOG. FOR IJ/I2 Hongkong-Keelung-Shanghai Further load/ discharging ports en route subject to sufficient inducement Agent:376 words
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Page 21 Advertisements
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Advertisement732 1986-12-16 21 The Straits Steamship Group u Mansfield Container Shipping Re Ltd Oversea* Containers Limited CONTAINtRSHIP SERVICE TO UK/COHTWENT:. Also Accepting Cargo For: to Coeontegan. Aartoa. Gottenbucf. Itolma. Stock Ma. Htlti Rotterdam to Antwarp. Amttardan. 0«lo friMrtwiw to IrMM Southampton to *11 UK MdirutKMH. Mfnt «ld Dublin (CONTAINERSHIP SERVICE FROM UK/CONTINENT: GULF732 words
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Advertisement1060 1986-12-16 21 E3JUL CE il T^T-V *6 ANNOUNCEMENT Jjipj are pleased to announce the opening of their Far East Co-ordinating Office for their breakbulk services under CONVENTIONAL LINE NORAS IA PTE LTD 10 Anson Road ft 35-16 International Plaza Singapore 0207 Tel: *****66 Cable: NASIASIN SINGAPORE Telex: RS ***** MSI A Fax:1,060 words
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Page 22 Advertisements
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Advertisement366 1986-12-16 22 *100 Years t Liner Shipping Far East 7 1886-1986 Z_ Hapag-Lloyd TU CONTINENT/UK EXPORTS Inland haulage to inland domination* in UK 1 N Continent Also accepting cargo lor Copenhagen Aartms, Gothenburg. Malmo Heltinki. Amsterdam. Belfast. City"of Edinburgh Sid SM Sid Sid SM 20/12 21/12 26/12 20/12 Eipreu SW SM SM366 words
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Advertisement782 1986-12-16 22 ZjJJbtE it*ft imtnM c*•*•** FULLY CONTAINERISED SERVICE 17 12 (1542) C R TOKYO 7W C R PARIS IW M M CHINA CONTAINER FROM ['JROPE VIA SUEZ Member of the Ace Comortiuni CHINA CONTAINER J7E ORIENTAL CHIEF SIC KOREAN JACEJIN 3K NEPTUNE CRYSTAL 171 1/1) 30,12 S I) «/l tlillY CONTAIN!782 words
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Advertisement423 1986-12-16 22 /fcHai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. \EASTERN CAR I.lNl-R. III). STRAITS/ JAPAN/STRAITS SERVICE I ML INTERM ARITIME SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PR PIOOIS REUNION OUMAN CI •ANJA LEOWMAROT V7IA In Port 24/12 2*12423 words
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Advertisement802 1986-12-16 22 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) EVER GENIUS 1702 *1 id V W IW OA W 2 EVER GARDEN 24/12 11/1 13/1 15/1 lt/1 17/1 21/1 2«A 29/1 EVER GUARD 21/12 11/1 20/1 22/1 23/1 24/1 2/2 4/2 5/2 EVER GOING 4/1 25/1 27/1802 words
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Page 23 Advertisements
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Advertisement881 1986-12-16 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT gowa HOT A SINGA SIN JKT 9/1 11/1 Sid 17/12 30/12 1/1 TCH TAICHUNG SBY SIN HKG KAO *TCH KEE 13/1 16/1 21/1 22/1 23/1 24/1 19/12 23/12 27/12 29/12881 words
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Advertisement725 1986-12-16 23 BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAH B HAVEN KDAM HAVRE STON P KLANG S PORE FOR City at Ed.nturfti Sailad Sa.iod Sa.iod Si<M Saiiod 2*12 Ml MUG TWN Frankhirl Eiprou Sa.iod Sa.iod Sailed Sailed Sailed »U 31/12 HKG. TWN Cink(»i by Sailed725 words
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Advertisement594 1986-12-16 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. MNUDEM INDONESIA P.T. TNIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE VESSEL,VOY OCEAN PRIMA/SWB I JAIABERT BONTANG 10WB GANDA GAMAI7WB MATARAMA7WB PALEMBANG/7WB CANDA BHAKTI/17WB SRIWIJAYA/19WB KUTAI/11WB S PORE BILBAO BREMEN a-29/12 a/i 11-12/1 0/2 12/2 26-20/1594 words
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Advertisement444 1986-12-16 23 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok 11/20 Dec HITS** *SAGAINC V7W 11/20 Dec 21/22 Dec PAGAN VIO7W urtt Dec 'Loading tor Antwp Rotdm i Habg V 4 BANK LINE EXPRESS SEMI-CONTAINER SFRVIM NORTHBOUND TO UKC TOANA NIUGINI444 words
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Page 24 Advertisements
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Advertisement1281 1986-12-16 24 ECUADOR/PERU/CHILE UEDfR YSI MOTUR YSI CfK LINE KAWASAKI KISF.N KAISHA. LTD.— spore pkig me stow kok guayaquk cauao wc» (quque afagasia s aniono Valparaiso 19 Dec 20 Dec 21 Dec 23 Dk 9 lan 2 Feb 10 Feb 14 Feb TAIWAN-JAPAN-CHINA-MANILA ALSO ACCEPTMG SHANGHAI HSJNGKANG MOI NAHA SHMtfIJ VU KOK1,281 words
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Advertisement670 1986-12-16 24 '/&e> AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Feedf P I Linw Vessel S'por« I M*it fim S»On Also Acapts ESTECLIPPER *9 19 Dec CALABAR *31 Dec ESTECLIPPER *10 ttn CHANDIDAS ili J*n 19 Jan «no l»n AM Br.s KABiRDAS" »12 19 jan 5 Feb 14 Feb 12 Fet AM670 words
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Advertisement880 1986-12-16 24 tTCI GOLDEN LINE MS <o\ GUAN GUAN SHIPPING (PTE) ITD V 23. I(M to* MJKM 0104 HI SJ4JMI (10 l*S) STRAITS/PERSIAN GULF SERVICE: Spore PKetong Pen.ng GOLDEN BEAR Colombo/Kiraclwßointajr Dubai 11/ M Dec GOLDEN HARVEST Cotanbo/Kararti'Dubai/Bahram 10/12 Jan CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA UKC CONVENTIONAL880 words
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Advertisement260 1986-12-16 24 10 Anson Road »27 16 Singapore 0207 Tel (PTE) LTD.|| 5 International Plara *****1 1 (10 Lines) o BREAKBULK SERVICE TO EUROPE/UK S pore P Kelang Loading for KARINA 88M927 Sailed In Port HOT/ANT/BREMEN/ESBJERG/ UK (AVON) OOOYANC FRONTIER BB*9M Sailed ROT/ANT'UK (AVON) Agents Singapore INTRASEA (PTE) LTD BOOKING 22*511 K260 words
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Page 25 Advertisements
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Advertisement777 1986-12-16 25 NOL NEPTUNE ORIENT LINES LTD Agents S pore NEPTUNE ACENCIES PTE LTD Tel No Office Terminal CPF BOOKINGS *****77 *****77 *****22 *****53 OR DIRECT LINES F£ EU/AUST T PA/SEA *****53 27(5742 27*5742 *****19 *****16 *****11 P Kelang NEPLINE SDN BHD *****87 *****4******53/*****26 K Lumpur NEPLINE SDN BHD 24*5771/*****34/*****35 Penang NEPLINE777 words
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Advertisement537 1986-12-16 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON Vessel s Name No 6 Donam 610N No S Donam 609N No 7 oonam;6loN Oooyang Sapphire/610 No 9 Oonam/iION Eastern Glory/611 No 6 OonamiTOlN No 8 Donam, 701N 4/1 (Off-hire) 12/1 13/1 (Off-hire) 20/1 2»/l 912537 words
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Advertisement647 1986-12-16 25 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 Tele* Numbers RS ***** RS ***** RS ***** P KELANG PENANG ?n S rmMp PORT S L A N D v D FLOOR SSRS HAI647 words
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Page 26 Advertisements
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Advertisement269 1986-12-16 26 ifflgl REGIONAL CONTAINER LINES :TO BANGKOK (4 SAILINGS A WEEK) VESSEL JENLINK PIYA BHUM SI RI BHUM SEA DRAGON JENLINK PIYA BHUM RATANA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM lEBESS3Bt3P!!MIPSIE3?i?I lESIE3C3S P!CTiryrw TO SOUTH THAILAND VESSEL RATANA BHUM RATANA BHUM RATANA269 words
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Page 26 Miscellaneous
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Miscellaneous182 1986-12-16 26 r A Regional Weather 1 K< m m Li 9 B < W J r J f 1 Of* R v St SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. a Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature o c X\ A Weather182 words
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Page 27 Advertisements
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Advertisement111 1986-12-16 27 CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU i P. GUDANG J SINGAPORE *****68/*****56/*****48/*****93 *****11/4 04-*****2/4 *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 Will WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE vsl SUAND4A OS TOYAMA 505 .L'H OTHER ORIGINS: AARHUS, AMSTERDAM, ANTWERP, BASLE. BREMEN, BREMERHAVEN. COPENHAGEN.111 words
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Advertisement572 1986-12-16 27 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: ton NIL iTc-m *T«N ITC-® 10AMN6 FOR Rott/Ant*/ UK (UV Sftt/Nanta Agents: SINGAPORE: CAUCO SHIPPING PTE LTD Tp: *****66 TU RS ***** CAUCO Fa*: 22*5271 PORT KELANG: PERKAPALAN UTAMA SDN BHD Tat: 308T19M KOTA KINABALU: KESAWAN SHIPPING SON BHO Tal:572 words
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Page 28 Advertisements
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Advertisement681 1986-12-16 28 EAC I ■K i,; *xm.V: u>:a SAILINGS EVERY TUESDAY OUTBOUND VESSEL NIHON 456 N OCJIMA 466 B. SURIA 476 SELANDIA 4K CONNECTING VESSEL AT ROTTERDAM MEONIA 761 FIONIA 703 FIONIA 703 BORINdA 733 ACCCPTMQ CARGO (LCL FCL) FOR: DAKAR, FREETOWN, MONROVIA, ABIDJAN, TEMA, LOME, LAQOSA DOUALA Smp.ni.Kf A pent-. HCHKI681 words
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