The Business Times, 18 December 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, DECEMBER 18, IIM 75 CENTS
    12 words
  • 192 1 Exchange rates THE Singapore dollar closed stronger against the US currency at 2.1925/35 (2.1940/50) yesterday in the foreign exchange market. It also closed firmer at 84.20/30 per 100 against the ringgit and remained unchanged at 28 10/15 per 100 against the Hongkong dollar. US$: 163.60/70 yen, 2.0155/65
    192 words
  • 607 1  -  By CHAN OI CHEE PUBLIC RESPONSE to the first share issue of the year by Resources Development Corporation (RDC) has been described as "very good". The issue, which was 14.2 times subscribed. attracted $523.3 million in application monies. Altogether a total of
    607 words
  • 165 1 TO THE SURPRISE of many brokers. share prices on the Singapore stock market rose sharply yesterday on improved volume. Brokers were divided on who was doing the buying. There were a number of parcels being exchanged and blue chips were active trademarks of institutional
    165 words
  • 106 1 MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad wants to forget the controversy caused by Israeli President Chaim Herzog's visit to Singapore recently. "Let's forget about it," he said when asked about Prime Minister Lee Kuan Yew's comment on Mr Herzog's visit.
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  • 373 1 UPI. MEDIA MAGNATE Rupert Murdoch has secured majority control of the South China Morning Post following the purchase of an additional 18.9 per cent stake in the newspaper company from Dow Jones and Co. Murdoch had in November acquired a 34.9 per cent
    UPI.  -  373 words
  • 617 1  -  Shareholdings are worth $112 m By NAJEEB JARHOM THE NATIONAL Bank of BruneiKhoo Teck Puat saga has impacted directly on the local stock market with the bank's disclosure yesterday that it is now a major shareholder of three listed companies controlled by the
    617 words
  • 376 1  -  By LUCY NG YET ANOTHER law suit, claiming $106 million, has been initiated against s Khoo Teck Puat-linked company here by the National Bank of Brunei Bhd (NBBB). The suit, filed in the High Court yesterday, names Hotel Holdings Re Ltd as the defendant. Hotel
    376 words
  • 134 1 Reuter SLOWER economic growth in Japan, the United States and West Germany may spur their central banks to lower benchmark discount rates early next year, US economist Henry Kaufman said on Tuesday. Mr Kaufman, the noted chief economist at Wall Street brokerage
    Reuter  -  134 words
  • Page 1 Advertisements
    • 134 1 Ultra. It'll change the way you play. Sol* Distributor: MCMU. SPOMMG HOUSf Tel: *****55 •TTMq LOANS. AT '•YTT^i RATES. LONGER HOUSING LOANS UP TO 30 YEARS LONGER CAR LOANS UP TO 6 YEARS FOR ENQUIRIES, CALL THE HOTLINE 224 8088 EXT. 630 GREAT RACIFIC FINANCE Mil* OWi i BoWnaon M
      134 words
    • 325 1 <}!'~%%^)^!:^-$,{/@':+)?<:*!->+ Money needed for G-14 IT'S NOT ONLY the governments of Asean which are interested in greater economic cooperation, the business-oriented private sector has a stake in that too. G-14, formed under the auspices of the Asean Chambers of Commerce and Industry, represents private sector initiative. But G-14 needs money
      325 words
    • 183 1 SONY SONY SNGAPORE PTE LTD Sales Department Tel: *****44 Service Department Tel: *****11 Shipping Tlmat comet as a separate section today. Maka sura you gat your copy. EAT, DRINK AND BE MERRY Have a tropical Christmas r-6 3feast at the Seafood-Theatre I Restaurant Theatre Pomfret, King Prawns in Lemon Sauce,
      183 words

  • HOME NEWS
    • 277 2  -  Move follows Sun Alliance's takeover of Phoenix worldwide By SOH TIANG KENG THE SINGAPORE operations of British insurance companies Sun Alliance Insurance and Phoenix Assurance will be merged next month. The merger follows the 1964 acquisition of Phoenix's global operations by Sun Alliance. Starting January
      277 words
    • 315 2 ONCE UPON A TIME, in a far, faraway land... ia how most stories in children's books begin. The far, faraway land is alao where moat children's books come from. Dr Tay Eng Soon, Minister of State (Education) hopes this will change. Yesterday,
      315 words
    • 87 2 THE Ministry of Defence is turning the 18-sq-km Pulau Tekong into a protected place for the exclusive use of the Singapore Armed Forces (SAP). The ministry has completed a four-year programme to develop the island into a modern training ground complete with new firing ranges, and the island
      87 words
    • 316 2  -  By MARTIN SOONG BRITISH aircraft propeller maker Dowty Rotol, which has a 43 per cent stake in Seletar-based Dowty Aviation Services, has bought up the remaining capital from the Singapore government and private shareholders. The move, at an undisclosed price, makes Dowty
      316 words
    • 118 2 A JOINT VENTURE between local firm Engineering Computer Services (ECS) and an Australian company clinched a $912,000 contract to supply a software package to the Mass Rapid Transit Corporation. The package, called Maintenance and Materials Management System (MMS), will help monitor, plan and schedule the
      118 words
    • 235 2 Seminars and courses i DURATION TITLE VB4UC ORGANISER Jon 2-23 Management Assistance National Notional Programme Productivity Productivity Board Board Jon 3-17 Financial Management National National Analysis Productivity Productivity Board Board ion 3-24 Section leoder Course National Nationol Productivity Productivity Board Board Jan 5-6 Statistical Database Institute of Institute of
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    • 795 3  -  This is the second part of the fourth instalment in the series on how to get onto the Stock Exchange of Singapore Dealing and Automated Quotation System (SESDAQ). The five-part series is written by NING CS de GUZMAN, the executive director of
      795 words
    • 94 3 SMALL COMPANIES need not pay for professional advice on marketing strategies. They can get most of the information they need from the latest issue in a how-to series of pamphlets published by the Small Enterprise Bureau. Launched in September, the publications offer advice on business sue-
      94 words
    • 166 3 SIME DARBY has won a $3.78 million contract to computerise the National Library and its branches. The contract, awarded by the National Development Ministry, calls for the supply, installation, and maintenance of a URICA Library Automation Package running on M 9208 hardware manufactured by McDonnell
      166 words
    • 611 3  -  By MONICA GWEE THE CENTRAL Provident Fund yesterday released the list of 23 banks and nine insurance companies which can take part in the minimum sum scheme for its members. CPF members who set aside a minimum sum after age 55 can choose
      611 words
  • Page 2 Advertisements
    • 332 2 Computers and Communications !i:i K Ii f n t. PIN WRITER P5 3& 4ggg > as «ijivMnp'ivT t'-j wm ssSI WB and own the e.l.f. personal printer foronlys2Do" S ,1 -3»«; *i; 4-r -W ill——! 4 t&ti&Si ft.. fljdjhrf yffr «.^.-.Kt*.>!«.( »»"a .wiA *£.-r *«A -V* For purchase of e.
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    • 78 2 A \Choose from ®y/ V liampachis exquisite KAMPAwr Japanese Set Lunches Japanese Restaurant The lofty prices and unfamiliar assortment of \apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of \apanese lunches. Priced at only $16 per set,
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  • Page 3 Advertisements
    • 91 3 Most of you are aware that Braun is famous for the shaving system that incorporates the cutterblock micron/ syncron foil. Most of you also know that you have to pay more for a Braun shaver. But do you know that this shaver shown here is retailing at a reasonable price,
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  • ASIA-PACIFIC
    • 461 4 Bernama ES FORMER PRIME Minister Tunku Abdul Rahman Putra al-Haj said yesterday the time has come for Malaysia to look to her eastern neighbours, other than Japan, as trading partners. Opening the two-day "China business conference" in Kuala Lumpur, he said in the
      Bernama ES  -  461 words
    • 267 4 FT A SENIOR Japanese government official has called for the appointment of a neutral third party to set fair prices for those Japanese semiconductors covered by the controversial US-Japan semiconductor agreement. Under the agreement, the US Department of Commerce (DOC)
      FT  -  267 words
    • 198 4 Reuter THE US and China have aflreed to share information on railway science and technology and to work together on railroad projects over the next five years. "This protocol represents a significant milestone in developing a closer transportation relationship between our two countries," said
      Reuter  -  198 words
    • 393 4 UPI THE SEVEN-YEAR conflict between Soviet and guerilla forces in Afghanistan is an escalating stalemate, with no military or political solution in sight. In a report released on Tuesday, the State Department said the Soviets have lost 1,000 aircraft to rebel groundfire in the
      UPI  -  393 words
    • 235 4 Reuter THE JAPANESE may have got rich by making cars, cameras and computers more cheaply than other countries, but Japan is the most expensive country in the world to live in. A survey by Employment Conditions Abroad, an advisory service for companies who employ
      Reuter  -  235 words
    • 668 4 ARRIVALS Operator Service number Local time From SIA SQ191 1155 PEN THAI TG403 1155 Mac MAS MH682 1230 KCH GIA GA940 1235 MES SIA SQ107 1250 KUL SIA SQ203 1300 CGK IA BA11 1300 LHR/AUH GIA GA900 1310 PKU SIA SQ1 1330 SFO/HNl/HKG SIA SQ61 1335 BKK
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  • Page 4 Advertisements
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    • 64 4 \l% II A# I The business person's choice, every I I II \I I II II I Tuesday. Thursday. Saturday and I I VI \l I M 1 f I \l Sunday. Leaving Changi Airport at 1-I—S 22:05 hours and arriving at Heathrow at 06 45 hours the following morning.
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  • REST OF THE WORLD
    • 378 5 AP THE US will limit imports of machine tools from West Germany and Switzerland and will take action against those countries if they exceed those restrictions. President Ronald Reagan announced on Tuesday. He did not say what the limits would be or what
      AP  -  378 words
    • 84 5 UPI BRAZILIAN Finance Minister Dilson Funaro has said that his country will gradually end a 10month price freeze. Business leaders welcomed the move to flexible but controlled pricing but warned of a possible inflation explosion, while labour leaders demanded compensatory wage increases. President Jose
      UPI  -  84 words
    • 272 5 Reuter THE EUROPEAN COMMUNITY has agreed on curbs on milk and beef surpluses in what officials described as the first major overhaul in 25 years of its costly and controversial agricultural subsidies system. Officials in Brussels said the deal was clinched on Tuesday by
      Reuter  -  272 words
    • 177 5 Reuter THE FALL in world oil prices kept Soviet trade with the West in the red in the first nine months of 1986, and the volume of both imports and exports fell, according to official statistics published in Moscow. The figures in this
      Reuter  -  177 words
    • 195 5 AP CREATION of a "worldwide curriculum" on nuclear disarmament could allow rational thought to replace exaggerated hopes and unreasonable fears most people have about nuclear policy. Tufts University president Jean Mayer has said. Under Mr Mayer's plan, which he said was endorsed last week
      AP  -  195 words
  • Page 5 Advertisements
    • 141 5 rait uwcover cne sccrer or Christmas high atop the Hilton at SftQBPQfft s favourite Cwitoocsc ivitiufint the inn of Happiness. Throughout the festive season, you can double your lunchtime pleasure without doubling the price... with our superb Twin»Tfceasure lunch menus. Only $23++ for two. And up to two children (per
      141 words
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      47 words
    • 149 5 CHRISTMAS AT I I •J IJ lit m <* y f# !>? Si fc a V J? vW fcTlk* *V ra M r# y#l. HI I^l .'4; rr. ■66 99,200 ,9'iui *J-J£ ■6716^00 j 4- A-~ Mk V -i 'i Lf**x* f ■68 12,500 A x n* ■71 g JfP
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  • MONEY AND EXCHANGES
    • 883 6 SINGAPORE: The US dollar closed lower against most major currencies yesterday except sterling, but overall trading was thin. The dollar was holding steady at around New York's levels at the outset but weakened in late afternoon trading due to selling by Japanese exporters and foreign bond investors. Most
      883 words
    • 176 6 Interbank rates at 3pm yesterday: Cyrrtndtt Md rate* Si Of|»r c* om partly ctmnf Local dollars to on* unit of foreign currency: US dollar 2.1940 2.1950 2.8196 -22.19 Storting pound 3.1 38S 3.1421 7.3469 -57.28 Australian dollar 1.4579 1.4607 3.4286 -57.48 NZ dollar 1.1342 1.1370 3.4286 -66.92 Canodian
      176 words
    • Article, Illustration
      142 6 THE OVERNIGHT rate on the Singapore interbank market closed at one per cent yesterday, down 1/4 point from Tuesday's close. The one-month rate was down 1/16 point while the two and threemonth rates were up 1/16 point each. Indicates the average of tha prima landing rataa o4 12
      142 words
    • 341 6 Asian market ASIAN DOLLAR deposit rates closed steady to firmer yesterday compared with Tuesday's levels, after moderate trading. The firmer trend was attributed to Japanese shortcovering interest and a continued high US federal funds rate. But most operators were cautious, awaiting for more news about the Opec meeting Among short-dates,
      341 words
    • 520 6 BA Futures MARCH Eurodollar opened unchanged yesterday from Tuesday's close at 93 92 and traded at 93.91/92 in a quiet market. High interbank rates saw the March contract traded lower to 93.89 before ending at 93.91. March T-bonds opened 13 ticks higher at 99.06 as lower housing starts figures
      BA Futures  -  520 words
    • 293 6 HONGKONG: The metal closed steady in fairly quiet trading yesterday on light local buying interest. Trading was subdued as the Christmas and New Year holidays approaches. Investors were also reluctant to build large positions as the outcome of the Opec meeting was still uncertain. Bullion ended at U*****.80/394.30
      293 words
  • Page 6 Advertisements
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      247 words
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      50 words

  • WORLD BACKGROUND
    • 840 7 NYT SEVERAL TIMES a week, a plane arrives in China carrying financial statements, mailing lists, and other paperwork from several dozen American companies. In Beijing and other Chinese cities, about 500 key-punch operators. most of whom have no knowledge of English, transfer the information
      NYT  -  840 words
    • 749 7 From 1970 to 1981, East Germany accumulated a deficit of 41 billion marks in Western trade. Surpluses buoyed by petrochemical sales slashed this to 30 billion by last year. Reuter EAST GERMANY, most dynamic of the Soviet bloc economies, is facing growing
      Reuter  -  749 words
    • 319 7 AFP EVEN with a degree in the Indonesian language, a newcomer to the country can be excused for weeks if not months of confusion as he grapples with one of its most perplexing characteristics acronyms and abbreviations. There are acronyms for historical events, for government
      AFP  -  319 words
  • Page 7 Advertisements
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      99 words
  • Page 7 Miscellaneous

  • FEATURES
    • 583 8 LIABILITY INSURANCE has become a problem of endemic proportions in the United States. Such premiums cost a cool US$9.l billion last year, having risen by a massive 60 per cent in a two-year period. In an article earlier this year, Time Magazine suggested that liability insurance
      583 words
    • 1216 8  -  The G-14, set up as a private sector think-tank under the auspices of the Asean-Chambers of Commerce and Industry, needs money to get it going and for the Asean-CCI to pursue its goal of improving regional cooperation, reports Economics Correspondent ZHOU MEI. ZHOU MEI "ASEAN ECONOMIC
      1,216 words
    • 631 8 letter to the Editor DEAR SIR, I refer to your report "SSA calls for greater control" in the BT of Dec 8. 1986. The call by the Singapore Society of Accountants to expand Section 373 of the Companies Act requiring a declaration by
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  • Page 8 Advertisements
    • 135 8 ■w MONT BLANC THE ART OF WRITING V Ya Z-J Its MONTBLANC THE ART OF WRITING MEISTERSTUCK" 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 styling from the piston-filling system to
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  • Page 8 Miscellaneous
    • 1072 8 vm R simPuE-mpflsi of> SimPUE. T*\ST£S I DONT ujp*nt moot J of u=e. [•211 S\mpLV OJftNT P» JOB THftT u)iu. mpfltH my ypiND PefisoNPiuiTy..... look in tug Guiteß > THURSDAY FEATURE SPECIAL Star Wars 9.45pm, Channal 5 One of the most popular shows in film-making history, this 1977 science-fiction movie
      1,072 words

  • SPORTS
    • 56 9 AP SEVE BALLESTEROS of Spain was named European Golfer of The Year in the Rltz Club poll on Tuesday. Ballesteros, who won six European PGA tournaments and a record £240,000 (U*****,200) this season, nipped Spanish rookie Jose-Maria Olazabal In balloting by former European
      AP  -  56 words
    • 239 9 AFP FIFTEEN GOLFERS from Japan. Burma and Singapore will be invited for a professional-amateur golf tournament to be held in Kuala Lumpur in February to raise money to combat drugs. Harun Idris, the president of the Professional Golfers Association of Malaysia (PGA),
      AFP  -  239 words
    • 346 9 UPI A US federal judge on Tuesday sentenced San Diego Padres pitcher Lamarr Hoyt to 45 days in custody and fined him US$5,OOO for trying to sneak hundreds of painkillers and valium across the Mexican border. Hoyt also was given five years probation and
      UPI  -  346 words
    • 516 9  -  By WALTON MORAIS GOLF fortunes are usually decided on the greens but for Singapore's Poh Ee Kiat. the fate of the Malacca Open golf championship last weekend quite simply lay in the hands of his caddy. Leading by five strokes as he took the final
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    • 92 9 Reuter THE New Zealand America's Cup crew are US$5,OOO richer thanks to a lost wager by Tom Blackaller, skipper of rival yacht USA. The Californian had bet the New Zealanders that they would lose to America II last Sunday a result that would have
      Reuter  -  92 words
  • Page 9 Advertisements
    • 96 9 ■gcesp -v m S-'-fzL in *^ZWm$ r I fV <+*Jx J& r a a £V A 3 i 4 y aJT S m. k < #1 »v« IWV £1; s<* •<?> s I *> Wet« spanned «W? p67y ears fy^MT *> '^3®! 3?4 1* V i ?S3* since 1919. For
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  • Page 9 Miscellaneous
    • 650 9 mmwrn CRYPTIC PUZZLE 1 Young bird with attraction at the end of the street (6) 7 It wields the correct weapon with dexterity (5. 3) 8 Position of a river course? (4) 10 Game to take more than a hint (6) 11 Like the struggle to the top (6) 14
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  • INTERNATIONAL STOCKS
    • 493 10 Reuter MERGER and acquisition activity in the US soared to record levels this year, but experts expect tax law changes and the widening insider trading scandal to bring a downturn in 1987. The extent of the downturn is hard to predict
      Reuter  -  493 words
    • 388 10 Reuter WALL STREET stock prices closed higher on Tuesday as arbitrage related buy programs lifted the market in the last minutes of the session. For most of the day, however, stocks traded in a narrow range as investors remained cautious ahead of Friday's triple expirations.
      Reuter  -  388 words
    • 178 10 Reuter IMPERIAL Chemical Industries (ICI) and Enterprise Oil have agreed to merge their oil and gas interests in a share deal giving ICI a 25 per cent stake in Enterprise's enlarged equity. ICl's oil and gas interests will be exchanged for 71.91
      Reuter  -  178 words
    • 158 10 Dec i« C Abfflbi 28 A lean Alum 38% unch 11 Bank Nova Scotia 17* Bank Of Montreal 32% Ball Canada 36% Bp Resources 36% Brascan CI A 25% Campbl Lake 27% Canadian Imp Bank.. 20% 17% Carting O'Keete 12% Cn Bttirl CI A 28% 13 Dom Tar 36
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    • 639 10 oec 1« US A lean Alumin Alcoa AJI*g Intl All tad Sig Allied Stores Allia-Chalmers Am Brand* inc Am Can Co Am Cyanamid Am Elec Pwr Am Expree* Am Homa Prod Am Motors Cp A ma* inc A mar a da Haaa Amoco Corp Amr Corp Armco Inc
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    • 822 10 Amsterdam DEC 16 PLt ABN 529 SO -3 5 86 00 12 Ahold 116 40 12 157 70 Alranta AMEV Amro Bank Am Stad 141 70 73 50 90 00 124 00 0.1 0 5 -1.2 09 21 50 -05 BOLS 175 90 -2 3 Bofaumtj 141.00 Buaftrman
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    • 49 10 Reuter A SALOMON Brothers economist forecast a 1520 per cent advance in US stock prices in 1987 on a total return basis, which includes dividends. Salomon Equity Research expects operating profits for the stocks in the S Poor's 500stock Index rising 22 per cent next year. Reuter
      Reuter  -  49 words
  • Page 10 Advertisements
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      651 words
    • 132 10 London stock* on Pago 14 May we introduce you to a most mouth wateringiy 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
      132 words

  • ASIAN STOCKS
    • 394 11 HONGKONG: Share prices closed sharply lower yesterday in relatively quiet trading on accelerated selling by local investors, brokers said. The Hang Seng Index lost 29.60 points to end the day at 2,411.08 after falling nearly 40 points in late trading. The Hong Kong Index shed 19.43 to finish at
      394 words
    • 299 11 DEC 17 NT All Sincara Indus 1 80 -0 1 1 Asia Camant 27 90 01 Cathay Coos 34 10 0 2 Chang Hwa Bank 38 10 -0.1 Chang Loong 27 60 -0.1 Chia Hsin Canant 27 20 0.3 Chin Hsin Flour 11 30 unch China Cham 22 90
      299 words
    • 496 11 TOKYO: The market average closed lower on profit-taking after recent gains to near record levels. Uncertainties over oil prices and Wall Street's direction also generated selling, according to brokers. The index fell 85.30 to close at 18,847.77, but had slipped as low as 18,699.07 in mid-afternoon. Gainers led losers
      496 words
    • 128 11 DCC 17 WON 1Cheil Sugar 1850 -20 Daelim ind 540 -2 Daewoo Corp 1069 9 Daewoo Heavy 1305 -10 Daishin Securities 4480 50 Dong Ah Phar 830 4 Dong Suh Slock 1869 -1 Gold Star 1840 15 977 7 Hanil Cement 1152 -18 Hankuk Glass 1300 -30 Hanyang Chemical
      128 words
    • 497 11 SYDNEY: Strong demand for gold stocks and widespread support for industrials pushed Australian share prices to record levels in active trading yesterday. The federal government's decision to maintain the gold industry's tax exempt status spurred demand for key gold stocks while a stronger dollar encouraged support for blue chip
      497 words
    • 148 11 Reuter BANGKOK: The Stock Exchange of Thailand Index was up 2.26 to 200.21 on a turnover totalling 966,996 shares worth 198.6 million bath. Reuter DEC 17 BA Ao Kham Thai Ayudhya Invastmarrt Bangkok Agro-lnd MT 218 48 25 2 0 25 Bangkok Bank Bank Of Ayudhya Charoong Thai Wira
      Reuter  -  148 words
    • 90 11 Dec 17 I PESOS Acoja Mining Anglo Ptiil Apax Mining B Atlas Con B 0 025 25 0.001 uncft Baguio Gold Basic Patrol sum Banguat Con B 0 008 100 I o First Phil Hidgs Lapanto B 840 ***** -03 -0 005 Mtrcoppy 1 26 ■•-0 02 Onantal B
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    • 65 11 AFP GENERAL FOODS Corp of the US is to invest NT$l.2 billion in Taipei in a joint venture with a major Taiwanese foods company. According to a General Foods official, it is to buy 50 per cent of the shares of five divisions—bakery, canning, dairy, soy sauce
      AFP  -  65 words
    • 407 11 Reuter THERE ARE still handsome gains to be made in Japanese stocks in 1987 if investors are brave enough to ride out a turbulent market that could experience a significant drop early in the year. That is the view of top analysts
      Reuter  -  407 words
    • 170 11 AFP SOUTH KOREA'S flagging construction industry has won overseas orders worth a mere US$l.B2 billion this year, its worst performance in the past decade, according to officials of the Overseas Constructors' Association in Seoul. It had been forecast earlier that the South Korean construction
      AFP  -  170 words
    • 176 11 AP A GROUP of three Japanese companies has signed an agreement in Beijing to build plants in the Chinese cities of Shanghai. Xianyang and Nanking by 1989 to produce tubes for colour television sets, Toshiba Corp, one of the companies,
      AP  -  176 words
    • 107 11 Reuter NV PHILIPS Gloeilampenfabrieken has signed a letter of intent for a 30 per cent stake in a television venture with the Chinese province Jiangsu. Under the deal, signed on Monday, Philips will be providing about 200 million
      Reuter  -  107 words
  • Page 11 Advertisements
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      136 words

  • RAW MATERIALS
    • 611 12 Reuter WORLD SURPLUS tin stocks, totalling between 60,000 and 70,000 tonnes against 100.000 a year ago, are expected to be liquidated slowly to avoid depressing the market, according to two speakers at a symposium organised by British-based publication Tin International. SGM International senior metal
      Reuter  -  611 words
    • 250 12 AP A SUGAR REFINING industry official said yesterday that a gov-ernment-proposed 41 per cent cutback in the US cane import quota for 1987 would be devastating to the American cane sugar refining industry. "It's unbelievable,'' said Nicholas Kominus, the president of
      AP  -  250 words
    • 283 12 AP THE CHINESE government plans to relax controls over the supply of several key materials, including scrap iron, steel and chemicals, as part of reforms to be initiated in 1987. The director of the State Bureau of Material Supply, Ling Yuxun, said
      AP  -  283 words
    • 465 12 AP THE US Agriculture Department says world wheat production is soaring to record levels, indicating scant prospects that US grain exports will snap out of their current slump soon. Huge new surpluses are set to be piled on
      AP  -  465 words
    • 158 12 THE PRICE of tin on the Kuala Lumpur Tin Market rose a cent to M 516.26 a kg yesterday in continued quiet trading, in spite of a lower European spot market. Some renewed European covering demand ahead of the year-end holidays aided the market slightly, and dealers also
      158 words
    • 155 12 MALAYSIAN crude palm oil prices rose further at yesterday's close on short-covering and speculative buying, supported by the rise in palm oil futures and a firmer overnight Chicago soyoil futures close. Pakistan's presence in the market seeking RBD palm oil for first half January shipment also aided early
      155 words
    • 111 12 OIL PRODUCTS YESTERDAY saw active trading after a recent lull. Traders are now bullish over the outcome of Opec talks and this was reflected in sellers asking for higher prices and business being done at higher levels. Fuel oil and gas oil firmed significantly following the trend overseas while other
      111 words
    • 137 12 Chinese Produce Exchange Solion' noon doting pricot on Doc 17 (SS/100 kg). Coconut oil Bulk FOB 66.00 Old drum FOB 76.00 Now drum FOB 86.00 Copra MJiod (loos*) 33 bw yn Pepper Muntok Whho fob niw 1415.00 Sarawak WhHw FOB foq NIW 1400.00 Sarawak spodal Mock FOB NIW
      137 words
    • 66 12 Bangkok (USS/ftmw, FOt) White Rice 100% lit dots 245 100% 2nd dcm 210 100% 3rd dan 205 5% 195 10% 190 15% 185 20% 175 25% 170 35% 170 Broken Rice A-1 Super 118 A-1 Sp*ck>l IIS C-l Special imq unq C-1 Od Loonzain Rice 100% lit grade MIq
      66 words
    • 134 12 AFP SENEGAL has agreed to buy 60.000 tonnes of Thai rice against sales of 60.000 tonnes of its fertiliser to Thailand. State-run Radio Thailand said on Monday that the agreement was concluded between Thai Commerce Minister Month Pongpanit and Senegalese Ambassador to China, Ahmed Tidiane Kane,
      AFP  -  134 words
    • 212 12 WHEAT FUTURES on the Chicago Board of Trade closed quietly on Tuesday, showing losses of 2% to VA US cents per bushel. March settled at U552.75% after posting a 2!4-cent range. Persistent strength in the US dollar and fears in the trade that worsening US/EC trade disputes would prompt
      212 words
    • 218 12 SOYBEAN FUTURES on the Chicago Board of Trade closed with gains of V* US cent to three cents per bushel in moderately light trade on Tuesday. January settled at US$4.BB after posting a two-cent range. Strength in the nearby soyoil pit and the day's Taiwanese soybean tender supported soybean
      218 words
    • 857 12 COFFEE Robusta futures followed a partial recovery in New York during routine late trading here on Tuesday, ending mixed, or £18 a tonne below to £4 above Monday's close. Prices held above Monday's four-month lows during a featureless session, awaiting fresh news from Brazil or an increase in
      857 words
    • 263 12 SINGAPORE The market closed quietly steady yesterday with January One RSS buyers quoted at 179.75 cents a kg, unchanged from Tuesday. The morning session lost 0.25 cent, after hovering narrowly in thin trading due to lack of interest. Prices were little changed in light afternoon trading with some short-covering
      263 words
    • 285 12 RAS prices m s c*nt*/kg, fob in t>*i* NOON CLOSE 5uy*rs ftuy*rs Selien Int 1 RSS Prompt 180.50 181 JON 180.75 181.75 Int 1 RSS Jan 87 179 JO 180.00 179.75 180.25 Int 1 RSS F*b 181.00 181 JO 181.25 181.75 lot 2 RSS OP 175.00 177.00N
      285 words
    • 88 12 (canh/kg, 1 -ton polMt) JAN 87 FEB 87 (curront month) (forward month) NOON NOON RAS ivyort SaNars luyan SS8 20 170 JO 172.50N 171.00 173 JON SS« 50 168 JO 170 JON 169 JO 171JON MRELB tuyn S«||an Wywi StIUn SM* CV 277.00 279.00N 278.00 280.00N SM*
      88 words
  • Page 12 Advertisements
    • 80 12 Some shoes says you are going places. This one says you have arrived. When you invest in a pair of Rodolfo Valentino, you are fitted with shoes that have been carefully crafted by skilful artisans. Rodolfo Valentino shoes exemplify impeccable detailing, supple and rich leather uppers, full leather lining and
      80 words

  • SHARE INFORMATION
    • 4121 13 THE STOCK MARKET was revitalised yesterday by renewed buying interest after the dull quiet trading of the past two weeks. Share prices rose smartly across a wide front on improved. though still, light volume. The Straits Times Industrial Index rose 9.71 points to
      4,121 words
    • 255 13 SINGAPORE Rises Waarw 505 13 SI A 920 +10 FtN 905 10 OCIC 905 10 01 S 890 10 Ganrings 630 +10 Spor* Land 520 -*-10 Haw Por 296 9 Nat Iran 426 +8 OUt 364 +8 S*mb Shipyard 299 +8 Koppal Corpn 284 +8 NO I
      255 words
    • 2741 13 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".
      2,741 words
    • 242 13 KUALA LUMPUR INDUSTRIES Berhad: 23rd AGM at 11th Floor. Wisma Lian Seng, No. 126, Jalan Bukit Bintang, ***** Kuala Lumpur, today at 9am. SINGAPURA BUILDING SOCIETY Limited: 17th AGM in the Board Room, Marina House, 70 Shenton Way, Singapore 0207, tomorrow at 11am. METAL CONTAINERS Limited: 16th AGM
      242 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 631 14  -  By NAJEEB JARHOM SINGAPORE-BASED Baker Marine group, led by Malaysian Cheah Theam Swee and Singaporean Tan Wah Thong, has made its debut on the New Zealand Stock Exchange following a backdoor listing through a delisted engineering company Perry Dines Corp. Once the restructuring
      631 words
    • 237 14 Managers' prices MARA-Bumiputra for Dec 18 First B'putra 512 517 Second B'putra 465 470 Singapore Unit Trust Third B'putra Fourth B'putra Fifth B'putra 467 4.11 263 472 4 16 268 The Commerce 088 095 The Savings Fund 081 087 Sixth B'putra 271 276 Spore Prog Fund 0.35 039
      237 words
    • 119 14 HONGKONG Hongkong Index Wednesday *****9 Tuesday *****2 Week ago 1554 53 Hang Seng Index Wednesday 2411 06 Tuesday 2440 6® Week 090 2442 59 All Industrials Wednesday Tuesday Week ogo NEW YORK Dow Jones Tuesday Monday Week ago ****** 2X7 9 ***** 1936 16 *****" *****0 TOKYO Nikkei
      119 words
    • 489 14 A LATE bout of buying lifted spirits somewhat at the Kuala Lumpur stock market and share prices picked up to close mixed to firmer yesterday. Buying, though, was selective and only a handful of blue chips were sought after. Trading remained slow
      489 words
    • 1880 14 BID and otter price» officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified INDUSTRIALS Aonomoto —I (2> 290 AJcom (708 7251 15) 72
      1,880 words
    • 823 14 Reuter SHARE PRICES yesterday opened mixed with volume again low. At 1000 GMT the FTSE 100 share index gained 0.9 to 1638.8 but the FT 30 was down 0.1 at 1279.5 On Tuesday, the FT 30 closed at 1279.6, down 0.7 while the FTSE 100 rose 0.9 to
      Reuter  -  823 words
    • 589 15 Mm mm™ By HOCK LOCK SIEW SHORT Of imposing penalties on those applicants found misusing the Central Provident Fund Approved Investments Scheme by making multiple applications to Resources Development Corps share issue and possibly to other future issues there is little that can be done
      By HOCK LOCK SIEW  -  589 words
    • 263 15 MBT AYER HITAM Tin Dredging is trying to get more mining land from state governments as the lease of its present mine will expire in "a few years". Chairman Ibrahim Menudin told shareholders at the company's annual general meeting that the move to get
      MBT  -  263 words
    • 386 15  -  By ALAN LEE THE REGISTRAR of Companies has lodged a report with the relevant authorities over certain transactions involving subsidiaries of Malaysian Feedmiiis Ltd. In particular, the Registrar of Companies has noted that certain balances owing by a company to two Msian
      386 words
    • 237 15 Bernama SATERAS RESOURCES (M) Bhd has confirmed that the BMW car franchise for the Malaysian market will be taken over by Pernas Sime Darby Holdings Sdn Bhd (PSDH) once its current franchise expires on Dec 31. Sateras managing director Mohamed Kamal Hussain said
      Bernama  -  237 words
    • 87 15 PROMET BHD, the marine engineering group, is still negotiating with its creditor banks on the restructuring of its debts. Details would be made available to the Kuala Lumpur Stock Exchange once they were finalised. the company said in reply to a KLSE query. The
      87 words
    • 93 15 SHAREHOLDERS OF Singapore Land have approved the company's proposed issue of a $107.5 million convertible unsecured loan stock (CULS) on a one-for-one basis, and the issue of new ordinary shares arising from conversion of the CULS. The proposed rights issue is still subject to the approval of the
      93 words
    • LATEST RESULTS
      • 72 15 For the half year ended Sep 30, 1986. group pre-tax profits rose marginally to M 5775.000 (from M 5514,000). Af-ter-tax profits amounted to M 5436,000 (M$300,000), giving net earnings per share of 11 cents (seven cents). Directors have declared an interim dividend of 17 cents
        72 words
    • 497 15  -  By AMY CHEOK A BREAKTHROUGH has apparently been achieved in the months-old dispute over the repayment of a US$32 million loan extended by a group of Singapore banks to Datuk Alex Lee, the Malaysian Deputy Agriculture Minister and former controlling shareholder of Roxy Electric Industries
      497 words
    • 382 15 Bernama THE MALAYSIAN Investors' Association (MIA) has alleged that directors of companies facing problems with banks may also have been involved in the manipulation which was detected on the Kuala Lumpur stock market recently. In a memorandum to Malaysian Finance Minister Daim Zainuddin and
      Bernama  -  382 words
  • Page 14 Advertisements
    • 208 14 This announcement appears as a matter of record only. NEW ISSUE December, 1986 BDBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD U. 5.5100,000,000 4 per cent. Subordinated Convertible Bonds Due 2001 Issue Price 100% Daiwa Securities Co. Ltd. DBS Securities Singapore Pte Ltd Dresdner Bank Aktiengesellschaft Goldman Sachs International Corp.
      208 words
    • 273 14 T 1 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 185 AND IN THE MATTER OF MALAYAN ZURICH INTERNATIONAL (SINGAPORE) PTE. LTD. (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company deemed to have been held on 8 December 1966, the following Resolutions were duly passed:SPECIAL RESOLUTION
      273 words
    • 353 14 CATHAY REALTY (PTE) LTD (In Voluntary Liquidation) At an extraordinary general meeting of Cathay Realty (Pre) Ltd held on 10 December 1986, the following Special Resolution we* duly passed: That Cathay Realty (Pte) Ltd be wound up voluntarily and that Messrs Roger Philip Edmonds, Jeffrey Hang Ghee Seng end Wong
      353 words

  • Page 15 Advertisements
    • 71 15 Welcome Aboard AEROFIM V mm X Fast—Economical Flights To DELHI Weekly Mondays Wednesdays MOSCOW NONSTOP All Capitals of EUROPE Weekly Mondays, Wednesdays Fridays For more details, contact our travel agents or Intowrtet Your official guld* In itM USSR ShTtrlet airlines 55 Market Street. #01-00. Sinsov Building. Singapore 0104, Tel: *****11
      71 words
    • 265 15 FORECAST YOUR WAY TO BETTER PROFITS WITH.... SYSTEM C-700 a practical 2-day workshop on sales forecasting of consumer products, including hands-on computer sessions with a specially designed software What do I benefit from System C-700? Accurate and reliable sales forecasting of both new existing consumer products essential for good planning.
      265 words

  • 146 16 Reuter TRADE BETWEEN China and the Soviet Union will increase in spite of growing differences on global trade policy and the fact that each sells its best goods to the West, according to Western diplomats said. The first Soviet industry and commercial exhibition in China
    Reuter  -  146 words
  • 330 16  -  By LIM SOON NEO THE HOTEL project on Sentosa will qualify for some of the tax allowances offered by the government in its recently announced package of incentives for tourism projects. Generally, hotel development would not be considered a tourism project but with
    330 words
  • 242 16 Bernama TUN DATU HAJI Mustapha Harun has resigned as Usno president, and handed over his resignation letter to the Usno Supreme Council yesterday. Usno secretary-general Datu Abdul Hamid Tun Datu Mustapha said the letter was handed to him by Tun Mustapha at yesterday's meeting
    Bernama  -  242 words
  • 278 16 Reuter MALAYSIA'S Deputy Prime Minister and Umno vice-president Ghafar Baba said yesterday night that it was unhealthy political practice for leaders to be concerned with only improving their own position. Speaking on television, he said such leaders were a disappointment
    Reuter  -  278 words
  • 586 16  -  By RICHARD SEAH THE NEED for concrete efforts to step up Asean economic cooperation yesterday emerged as a major theme in talks between First Deputy Prime Minister Goh Chok Tong and Thai leaders. Ways to improve bilateral ties, particularly economic ties,
    586 words
  • 217 16 AP THE THAI CABINET has agreed to reduce large import duties on cameras in the hope of winning business that now goes to Singapore and Hongkong. "Many Thais travel regularly to Hongkong and Singapore to buy cheaper cameras. With the import tax break, many
    AP  -  217 words
  • 304 16 A LIGHT RAIN fell on the quiet gathering at Mr Teh Cheang Wan s funeral yesterday. The simple and dignified farewell for the late Minister for National Development at the Mount Vernon Crematorium was attended by well over 400 people. Mr Teh, 56,
    304 words
  • 107 16 Reuter SAUDI ARABIA'S King Fahd yesterday dismissed the head of the kingdom's state-owned oil company, less than two months after firing his long-serving oil minister. The move was immediately seen in the oil industry as clearing the way for new leadership of Saudi Arabia's crucially important oil
    Reuter  -  107 words
  • 457 16 Reuter THREE of Vietnam's top leaders resigned yesterday, opening the door to reform-minded younger officials but economic rescue may still be a long way off, say Western diplomats in Bangkok. Hanoi Radio yesterday announced that President and Party Secretary-General Truong Chinh, Prime
    Reuter  -  457 words
  • 108 16 Reuter TWO SWEDISH BANKS have cancelled loans totalling 735 million crowns (US$lO5 million) to Refaat El-Sayed, founder and former president of the Swedish biotechnology group Fermenta. Mr El-Sayed resigned as president on Tuesday after being forced to give up a 46 per cent stake in
    Reuter  -  108 words
  • 74 16 Reuter WALL STREET stock prices eased in early trading yesterday as the market again fell victim to some sell programmes at the opening. A slight downward revision to 2.8 per cent in third quarter GNP had little impact on stocks and failed to encourage the bond market.
    Reuter  -  74 words
  • LATE FILE
    • 44 16 Reuter JAPAN'* real gross national product growth will slow to 1.8 per cent in the 1967/88 fiscal year starting April 1, from 1.9 per cent this year, and 4.3 per cent in 1986/87, said the Mitsubishi Research Institute yesterday. Reuter
      Reuter  -  44 words
    • 37 16 AP PREMIER Yasuhiro Nakasone told a Group of 19 European legislators yesterday that Japan is making efforts to open its market wider to wine and other European products, said a foreign ministry official. AP
      AP  -  37 words
    • 40 16 AFP THE US, Japan, West Germany, Britain and France are likely to hold a meeting of finance ministers and central bank governors in mid-Janu-ary to coordinate monetary policies, said Bank of Japan sources yesterday. AFP
      AFP  -  40 words
    • 35 16 UPI AMERICA'S real gross national product rose 2.8 per cent in the third quarter of 1966, a tenth of a point below last month's estimate, said the commerce department yesterday. UPI
      UPI  -  35 words
    • 36 16 Bernama FIFTEEN business associations in Malaysia yesterday formed an action group to uphold democratic principles to counter what they perceived as activities of minority groups that were inimical to the economy. Bernama
      Bernama  -  36 words
    • 58 16 Bernama ERADICATION of poverty is the government's first priority under the New Economic Policy (NEP) with restructuring of society coming second. Deputy Prime Minister Ghafar Baba said last night that the question of reducing unemployment or eliminating it altogether fell under the scope of eradication of
      Bernama  -  58 words
    • 53 16 Reuter THE possibility of Iraq being suspended from Opec, as Iran is reported to have urged, is politically and technically impoeaible. Delegates to the Op<K conference said yesterday that many member states would be reluctant to take the step for fear of showing visible cracks in
      Reuter  -  53 words
    • 43 16 Reuter SWITZERLAND is opposed to any US restrictions on imports of machine tools and will complain to the world trade body Gatt if Swiss exports of the goods are barred, said a senior Swiss official yesterday. Reuter
      Reuter  -  43 words
  • Page 16 Advertisements
    • 164 16 f r» V w'" K. m < hp-.* s ~w ~M f 4 A MP »s£ <* i* Mr Wong Youk Wah Sales Executive A thing of beauty is a joy forever. Make the gift memorable this Christmas with Prism's crystalware. Each piece is a work of art, skilfully crafted
      164 words
    • 129 16 "v. ISHED ROOM RATES. FIVE STAR HOTEL FIVE STAR VALUE a •No minimum valid till 31st March 1987 Stay in the luxurious Century Park Sheraton Singapore and enjoy 5-stor service in on atmosphere of quiet elegance Ideally located atop exclusive Nassim Hill, just a minute or two from Orchard Rood
      129 words
    • 3 16 8M Rags 5
      3 words
  • Page 16 Miscellaneous
    • 26 16 Report tor 24 hours TJOpm on Ooc 17at the Maximum tamparaturs Aaaodatad humidity Hours ol tunshlns Rainfall In mllllmotros Rainfall thia month Rainy days this month
      26 words

  • SHIPPING TIMES
    • 590 17 TOTAL SEABORNE cargo passing through Singapore in October was 19 6 per cent higher compared with the same month last year. This reflects the continuing upward trend of the Republic s shipping and cargo activities, although the jump is considerably lower than September's 42.5
      590 words
    • 228 17 MAERSK LINE will start a fully containerised service on the Far East East Africa route on Jan 17 next year. The fortnightly service, commencing with the Adrian Maersk from Singapore, will accept cargo for Dar-Es-Salaam and Mombasa. Shipments to the other East
      228 words
    • 184 17 Reuter ABOUT 900 workers at the Robe River Iron Associates Pannawonica Iron Ore Mine and its port at Cape Lambert in the Pilbara region of Western Australia have begun an indefinite strike yesterday. combined mining unions president Jack Marks said. He said the strike
      Reuter  -  184 words
    • PORTSIDES
      • 136 17 AFP JAPANESE ship exports will likely hit rock bottom in 1986, dropping below the previous record low of 2.23 million tonnes recorded in 1978, Japan Ship Exporters' Association officials said. The officials said Japanese shipbuilders in November received foreign orders for only three vessels
        AFP  -  136 words
      • 109 17 AFP A SOUTH KOREAN fishing boat carrying 10 fishermen was seized early yesterday for operating in Japanese territorial waters in the Sea of Japan. Japanese Maritime Safety Agency officials said. The 47.46-ton Che IL Ho, skippered by Choi Chom Tong, 33, was spotted by a patrol
        AFP  -  109 words
    • 637 18 AP IRAN URGED Italian authorities to release an Iranian cargo ship held at the northwestern Port of Genoa after a stowaway on board asked for political asylum. The official Islamic Republic News Agency said Italy's ambassador in Tehran, Giuseppe Badocci, was
      AP  -  637 words
    • 144 18 Reuter THE INDUSTRIAL Bank of Japan Ltd, IBJ, will continue to financially support Japan Line Co. which has been suffering from large losses due to the yen's rise and the slump in the worldwide shipping industry, a bank spokesman said. Earlier, Japan Line, one
      Reuter  -  144 words
    • 247 18 UPI A PLEASURE boat collided with a cargo vessel and sank on the Dnieper river last month, resulting in the deaths of six passengers and one crew member, in the latest admission of a Soviet boating accident. The newspaper of the shipping industry, Water Transport,
      UPI  -  247 words
    • 695 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 Bait-Co node VII 4/5 Bolt-Orient line VII 4/5 Bonk line V 5 BBS II 4/5 Ben line Cont V
      695 words
    • 1206 18 GRAIN dominated an otherwise quiet charter day on Tuesday on the London shipping freights market. The North Pacific proved particularly active as four openings were filled for Egypt on Dreyfus, Cargill and Bunge accounts. Bunge paid US$l6 50 (fio) for 25,000 tons of wheat aboard the Jan 5-12
      1,206 words
    • 177 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 Vang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      177 words
    • 185 19 Reuter SOUTH KOREAN Trade and Industry Minister Rha Woong-Bae is confident that South Korea's shipyards will survive the shipbuilding recession and regain strength within three years. He said the industry has not fully recovered from deep recession but there are factors that make him optimistic
      Reuter  -  185 words
    • 542 19 Reuter THE OSLO-BASED International Association of Independent Tanker Owners (Intertanko) has again warned owners against further ordering of new oil tankers, prompted by news that the world order book is still increasing. In a newsletter released in London, Intertanko says that according to a
      Reuter  -  542 words
    • 81 19 Reuter A GREEK officer was killed in an engine room explosion which started a blaze aboard a Saudi Arabian tanker at Jeddah port. Another Greek seaman and three Sri Lankans were injured and one man was missing in the blast aboard the 3,500-dwt Patrostar V
      Reuter  -  81 words
    • 222 19 The above information is compiled from data provided by the Singapore National Shipper's Council. 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
      The above information is compiled from data provided by the Singapore National Shipper's Council.  -  222 words
    • 503 19 Reuter FRANCE, reeling from a student strike that last week forced the right-wing government of Prime Minister Jacques Chirac into a major climbdown over university reform, faces a pre-Christmas wave of strikers ranging from sailors to the capital's subway drivers. The seamen's federation of
      Reuter  -  503 words
    • 191 19 Reuter SOUTH KOREA stopped a ship carrying military equipment from heading for Iran earlier this month, a South Korean senior foreign ministry official said. He said a Honduranregistered ship which left the South Korean port of Pusan with US$lOO,OOO worth of
      Reuter  -  191 words
    • 7765 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,765 words
    • 777 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sextum 12/628 18 1286 1600 Harpers F5A 0700-0800 W4 Horng lee H19 18 12 86 1800 Meng Horng F5A 0800-0900 N1 Tung Hoi 2 4W *****6 1800
      777 words
    • 538 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Apman 1 Kl5 Borneo alongside 1812/0900 Cord Echizen Kl6 Borneo alongside 18 12/0600 Fair Rainbow K27 Guan Guon alongside 18 12/1500 K Mar* Stadt K28 S'pore Shp alongside 18 12/1500 Builder 2 K22 Thong Soon 18.12/0700 19 12/0700
      538 words
    • 126 26 This weekly report is prepared by Veritas Petroleum Services, London. The information, minimum end meximum levels, is based on limited samples from motor vessels analysed in its laboratories. More comprehensive fuel quality information is posted to participants in the Veritas fuel quality testing progremme. Area/Port Viscosity
      126 words
  • Page 17 Advertisements
    • 715 17 ChamlxTs < >1 H ISO l)i( ii< >n;u\ Concise Comprehensive Contemporary >~,»<* 9< A KnofcshOP* Distributed by WlaararT.! PUBLICATIONS OOCL WW/ IfM«h mm SHFPBK AGENCIS (Rtf lb H2M4/ 00K) ?00 Cantonment So*) Southpotnt Singapore 0208 Tel *****11 UL£X NO RS ***** URMNU. 'CFS Tel *****11 220 BOOKWGS lel *****34 235
      715 words
    • 62 17 mmm IRAN URGED Italian authorities to release an Iranian cargo ship held at the northwestern Port of Genoa. Page II THE OSLO-BASED International Association of Independent Tanker Owners (Intertanko) has again warned owners against further ordering of new oil tankers. Index to advertisers II London freights II Port conditions 111
      62 words
    • 850 17 Available at all good bookshops THE HEART OF THE DRAGON MAERSK LINE W/ EAST AFRICA SERVICES INAUGURAL SAILING TO OAR ES SALAAM MOMBASA ADRIAN MAERSK VOY 8703 eld SIN 17.1.87 g"» l«un» Times or 23/12 aoo m«s CFS 23/12 1300 MBS To California US Gull US Atlantic East Canada ante
      850 words

  • Page 18 Advertisements
    • 416 18 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARADIAN GULF AND INDIAN SUD CONTINENT Alto KC*oin| cargo to all U.K. destinations. Scandinavian (Aartius. Coponhagon. Gothenburg) and other European Inland points OUTBOUND TO MEDITERRANEAN Also accepting FCL Cargo to Limassol. Mersin. Lattakia.
      416 words
    • 372 18 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 MALAYSIA SON. BHD. TLX: *****.MTM. Frt. Booking contact Miss Gan Further load/ discharging ports en route sub|«ct to sufficient inducement Singapore Agent: Goodrich Maritime Pte Ltd Tel *****35 Tlx RS ***** GRMSIN TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA LILY STAR 124/12
      372 words

  • Page 19 Advertisements
    • 961 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd QCC Overseas Containers Limited CONTAJNtRSHP SERVICE TO UK/CONTWENT: STRAITS SHIPPING Singapore to Sibih, Sarawak, Brunei Ports and Bangkok COWTAINERSHIP: CEGASUS PRIDE ItGASUS PRIM BANGKOK BORNE.O AGENCIES LTD. BANGKOK TEL *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI Accepting Cargo For: n I*
      961 words
    • 876 19 Franco Belgian Services ffa ~r t /r,n. h 5,.„ ,r/i t.< r A ~-t.rn m.» 1 (MEMBER OF ACE CONSORTIUM^ CONTAINER St>VlCI TO EUROPE S POREP KELANCLa Hanraß dan CD TOKYO SaM (ISDk) S Jan Jan 7 Jan 10 Jan U Jan 13 Jan TRANSWORLD BRIOCE 24 0* (2 Dac)
      876 words

  • Page 20 Advertisements
    • 393 20 /100 Years Liner Shipping Far East 1886-1986 Z_ Inland haulage to inland destinations in UK t N Continent Alio accepting cargo for Copenhagen. Aarhui Gothenburg. Malmo. Helsinki Amsterdam Belfast. Dublin, Caribbean t South America TO EUROPE/MED S port PR Penang Leiioe* Bilbao Genoa Hburg Rdam A'wtrp Imm RS DALIAN 13/1
      393 words
    • 908 20 FU Lll Y C ONfT AINER I S E D SERVICE TO VIA SUEZ 1* Mfmbf ol inn* Sp an PMmic L«Him f TRANSWOKU) BRIDGE IS* 24 12 (22/17) 12/1 I*l >41 31 /12 (25(12) I*l 2a 1 21/1 24,1 27(1 C 'MIS l« HON CAT! IIRIDGE 1W ORIENTAL C
      908 words
    • 413 20 /fcHai Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines) TLX RS ***** RS ***** IE EASTERN CAR LINER. LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL TRONO SEKI AKEISHI JOVIAN BRIGHT SEKI NAGOYA WOV NO 43 41 i« 45 S pore Sailed NDk 21 Dec 9
      413 words
    • 747 20 r REEN Full Container Service Round-The-World East Bound (Fa/CARIB/USEC/EURO/FE) Round-The-World West Bound (FB/EURO/USEC/CARIB/FE) US WEst COAST OUTBOUND ■OTNEI'VSL LAX SFC STL VCR PTI MI VITAL U/U 14/11 U/ll HB OXOS I*ll UOl JAPAN ALLIANCE Mftl 2501 2701 ever e wup 21/11 aoi evergver ani am JAPAN APOLLO VU VU VU
      747 words

  • Page 21 Advertisements
    • 715 21 v PACIFIC INTERNATIONAL LINES \W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE -T rt*rr BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE HI rri IT-ttrrr-r YOKO/KOS/BKK. RED SEA/EAST AND WEST AFRICA SERVICE KARACHI/M.E. GULF SERVICE CHINA SERVICE KOTA MAJU HOT A
      715 words
    • 826 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FRO* UK/CONTINENT HAVEN R DAM HAVRE STON P KLANG SPORE FOR Smm s*m swm 2*12 am nut nw s«m s*im s»m s»i«* am wu iktm T«*y* larp Bay Kuram Mini Sanad SaiM SaM Um 7/1 am am am am
      826 words
    • 637 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE BREMEN A'DAM/R'DAM H BURG VESSEL/VOY S PORE BILBAO BREMEN A DAM/R'DAM H BURG OCEAN PRIMA/SWB 2* *112 21/1 2VI 2M L. JALA BERT bontang/iowb u-12/1
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    • 420 21 BOUSTEAD SHIPPING AGENCIES tr PA AN VIO4W 11/20 DK •SAGAING V7W PAGAN VIO7W 2VXI Ok toadinf for Antwp. Rotdm A Hit* BURMA FIVE STAR MiU HHi:u' ;ni i (Burmese National Line) Loading for Rangoon pore P.Kelang Penang Bangkok /20 OK M/ 2 DK 11/20 Ok ***** DK V* BANK LINE
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  • Page 22 Advertisements
    • 1386 22 K LINE SKRSBKB KAWASAKI RISEN KAISHA, LTD.— feeder *si moticr vsi spore pkl6 png spore no* guayaqul callao arica igugui afagasta s antomo Valparaiso f M BRSGE *21 rw ra. Ptt «Dk 71 D« 23 P*t 9 lan 2 Fab 10 Fab »ft* CENTRAL AMERICA/CARIBBEAN SEA FEEDER VSL Mono «l
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    • 634 22 7l£ AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers fmtm p U<w y*tul Sport IMb Fran Sydn Abo Accaoe ESTECLIPPE* V 9 20 tec "CMANOIDAS" »23 4Mo 1* j* a Jan X Jan A<M Bra FSTfmwl' win S X s 1?" S F,t 14 U F<tl *d*/Bm tSTICIIPPtR *10 71 J»n
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    • 872 22 GOLDEN LINE MK.CV GUAM GUAN SHPPWe (PTE) LID V 23. IM Ajr Slreei V——SMGAPOK 01M 111 5343*14 (II IMS) STRAITS/PERSIAN GULF SERVICE: Spur. pk** Pe* GOLDEN BEAR Colombo/ Karachi Bomoay Dubai In Part GOLDEN HARVEST Cotanbo/Karachi/Ouboi/Bahrain 18/12 Jan •Pkle 'Penanf Sport Karachi Sharjjh Damnum Kuwait LINCQUANHE 211? 22/12 27/12 1/1
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    • 323 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa' P Singapore 0207 Tei *****11 (10 Lines) Et<Q>BlABtA-K.IWM o BREAKBULK SERVICE TO EUROPE/UK j| S par* P Ketan« Loading MrKARINA *****7 SaiM Sailed ROT/ANT/BREMEN/ESBJERG/ UK (AVOH) OOOYANG FRONTIER BBSB3 Sailed ROT/ANT/UK (AVON) Aftnte Sotppori INTRASEA (PTE) LTD BOOKING ZMBII K. Lumpur
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  • Page 23 Advertisements
    • 728 23 t NOL NEPTUNE ORIENT LINES LTD FAR EAST/HM6PE FULLY COHT/UNSUSBI TO EUROPE/UK (VIA SUEZ): s*r. TV BRIDGE 3SH (22/12) 24/12 CD PARIS Wt.. (30/12) 1/1 0 CHIEF m (13/1) IVI K JACEJIN tm (19/1) 21/1 N CRYSTAL 3M. (26/1) 21/1 K CHANCE M. (2/2) 5/2 Alm accaptinf carp to/from Scandinavia
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    • 473 23 HEUNG-A SHIPPING Korean Flag Vessels OONAM SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON SPODf «UNIS NIPIIIN ACINOUS Pll 110 Ifl ?*****/ *****34 ißoofcmgst 7??/bl0 ??1?0?7 'Operations i ??09?&4 i IcrmmjH ??0?iS0 ??0.">04 (CIS) TIJHAS SIIH C DN BHD Kl Ifl >/405% ?/40"'7 PH IH *****64 3b804.'0 ******6 PIN
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    • 681 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 KELANC KMM M/S SHARIKAT NAN SOON SON. WD IST AND 2NO FLOOR. MESSRS MAI THONG
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  • Page 24 Advertisements
    • 353 24 ifffST REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL Slftl BHUH SEA DRAGON PITA BHUH RATANA BNUM LIL-1I Hi: iM VESSEL RATANA BNUM RATANA BNUM RATANA BNUM RATANA BNUM RATANA BHUM RATANA BHUM TO SOUTH THAILAND SONGKLA (IILW TO P.KELANG PENANG (2 SAILINGS A WEEK) KSLMILUfI BUNGA BUTANG
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  • Page 24 Miscellaneous
    • 165 24 >;r o 03 Regional Weather i St 11 '(V. 1 l^A r A Uk E is kk. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c X\ T7 Shower Weather —S Wind direction with speed in knots Ram >»✓ Cloudy Sky W ve Surface winds
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  • Page 25 Advertisements
    • 220 25 Ifflk CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE *****88/*****56/*****48/*****93 *****11/4 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANG 255 B. BUTANG 257 B. BUTANG 259 B BUTANG 301 MTHR VSL N DELFT
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    • 605 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: •TON NIL ITC 01 •TBN ITC-tt 14/1 LOADING FOB RottAnt* UK (Newport* Sete Nantes'* VAN OMMEREN I Rott/Ant*/ UK (Tity Sete/Nante Agents: SINGAPORE: CALICO SHIPPING PTE LTD Tpt *****66 Tlx RS *****CAUCO Fa* 224«7f" PORT KELANG: PERKAPALAN UTAMA SDN BHD
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  • Page 26 Advertisements
    • 642 26 K&S LINE JAPAN STRAITS SERVICE HOSEI MARU MANILA JASMIN TUSH IMA MARU PACIFIC TIGER S'port PKelang P*ainj 25/12 27/13 2S/12 29/12 31/12 2/1 H/12 2/1 3/1 5/17/1 SANKYO LINE (S) PTE. LTD. 143 Cecrf Street #10 04 GB Burldinj Spore 0106 Trt 2? 19?tt Poft Helanj Tifa Pma Shrppmj Sdn
      642 words