The Business Times, 14 January 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, JANUARY 14, 1987 75 CENTS
    12 words
  • 193 1 Exchange rates THE SINGAPORE dollar rose sharply to $2.1565/75 ($2.1675/86) against the US dollar in the forex market yesterday. But it fell to $3.2099/2157 ($3.1987/2024) against the The local unit remained steady against the M$, but fell against the yen and DM. US$: 155.70/80 yen, 1.8890/8900 DM,
    193 words
  • 251 1 WHILE THE Singapore stock market continued its uptrend for the sixth consecutive session yesterday, intermittent bouts of profit-taking slowed down the pace of advance and caused share prices to finish with only modest gains. Reflecting this, major market indices finished with smaller gains by the
    251 words
  • 162 1 UPI THE HONGKONG market started off on a high note yesterday, touching another record level before profit-taking set in, sending the Hang Seng Index down 24.04 points to 2,590.83 at the close. Volume remained very strong at HK$l.3 billion, the same as on Monday. In
    UPI  -  162 words
  • 149 1 PRIME MINISTER Lee Kuan Yew was admitted to the Singapore General Hospital on Monday evening for investigation of irritable bladder symptoms, a government statement said yesterday. He is expected to remain in hospital for a couple of days. An X-ray, followed by a
    149 words
  • 369 1 Bernama ES, Reuter THE JAPANESE government will implement an aid plan to assist Japanese industries which will be relocated to the Asia-Pacific region for export purposes. Secretary-general of Malaysia's Ministry of Trade and Industry, Datuk Ahmad Sarji Abdul Hamid, said this in
    Bernama ES,; Reuter  -  369 words
  • 492 1  -  Assistance in research and funding to be offered By BOEY KIT YIN AN ALL-OUT PUSH for innovation in industry will see the government offering companies a comprehensive package of financial and other schemes designed to support product development and encourage entrepreneurship. The new schemes
    492 words
  • 312 1 SINGATRONICS, with a 10 per cent share in the American market for blood pressure monitors, will launch two revolutionary healthcare products in the next few months. These are a cuffless blood pressure monitor which takes its reading from a finger instead of the arm, and
    312 words
  • 404 1 TRADING was brisk and volatile yesterday on the Singapore foreign exchange market, the uncertainty arising from the realignment of European Monetary System currencies still in the air. Many dealers felt that the realignment was "insufficient" to bring about long-term stability in
    404 words
  • 111 1 UPI INDONESIA'S economy might grow by 3.03 per cent this year and the country's population would increase by 2.2 per cent, economists said yesterday. Sumitro Djojohadikusumo, an economic adviser to President Suharto, recently issued a report urging further deregulation, effective financial control to prevent corruption
    UPI  -  111 words
  • Page 1 Advertisements
    • 175 1 #1 IN THE WORLD M MmkmMn Marketing Ptm. Ltd. A Soi-vrtwr* d A»tb«* Group n# Como**\ 606 Mvtn Road, #05-06 Singapore Warehouse Singapore 0923 Tel *****69 Telex RS ***** CaOte ALEXKO Why tie up your capital? Rent special equipment from Thorn. 100" Panasonic Colour Video Projection System. $900/- per day
      175 words
    • 415 1 ';&>*=*]?_([&@(;(';@."{{|(-`:\{ UIC shares change hands A SIGNIFICANT block of shares in diversified United Industrial Corporation is changing hands. Mr Oei Hong Leong, the controlling shareholder of the company is selling 20 per cent of UIC to Hongkong-listed China Entertainment and Land Investment Company for HKS345.6 million. As consideration, he will
      415 words
    • 184 1 Melwani, exclusively male... MELWAINI $6m awarded in product development granta, Back Paga Leader, Page 8 More changes to come?, Page 6 Tokyo hits out, Back Page w You make Buying a home is now easier. Just choose the home you want: a bungalow, a terrace house, an apartment or a
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  • Page 2 Advertisements
    • 136 2 T*. T ••.in >* «a#af^fr I #s«#: «ff? fft: I A 4 a# s£*: v. «^.t b& -•ft ••>v* :;mWM l»® I S? t V. -rt s- im&i --'^r ki Hjflt-^y -u t# '.V;\ Li ■*.n W i* -V M > S» Moshi, Moshi. Again Singapore calling? IDD costs nothing?
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  • HOME NEWS
    • 285 3 THE CONSUMERS Association of Singapore has called for a net price system for jewellery. In the latest issue of Consumer, the association's monthly publication, Case acting president Ho Kah Leong points out that the system of list prices can be very misleading. Jewellers
      285 words
    • 148 3 A SINGAPORE publisher has produced a comprehensive Real Estate Directory after three years of research. The editor and publisher, Mr Harry Chua of Homes International Pte Ltd, said the inaugural issue of the directory was designed to help anyone who invests, buys or rents
      148 words
    • 261 3 Courtesy campaign what they think IT'S VERY DILUTED. Another called it disjointed. Don't be too ambitious. Start with the young at school, but go for the above-40s too. These and other views emerged yesterday during a no-holds-barred dialogue on the national courtesy campaign between the Ministry of Communications and Information
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    • 111 3 THE HDB BLEW IT, figuratively. But it was in the literal sense that HDB had intended when it detonated six hundred explosive charges to bring down a block of Housing and Development Board flats yesterday. The HDB said Block 62 at Indus Road, the
      111 words
    • 509 3  -  By ANNA TEO HALFWAY INTO the three month long anti-smoking campaign, cigarette retailers report sales drops of between 20 per cent and 60 per cent. The major distributors, however, say it is still too early to assess the impact of the campaign on cigarette
      509 words
    • 298 3 THE HIGH COURT heard yesterday that the construction of the $50 million Centrepoint project had to stop for 28 days in 1982 when developer Cold Storage was given notice by its insurers, the Overseas Assurance Corporation, that four public liability policies covering the
      298 words
    • 195 3 MAJOR POINTS of agreement have been reached by Singapore and Saudi Arabia on the reciprocal exemption of taxes on profits of air transport enterprises of the two countries. This follows a two-day meeting in the Republic between Singapore and Saudi Arabian officials, led
      195 words
    • 103 3 PARLIAMENT will sit on Jan 26 at 11 in the morning. Dr Wong Kwei Cheong (Cairnhill) has already submitted questions asking the government for an update on rules and regulations of the various ministries and departments which were relaxed following recommendations by the new-ly-formed Business
      103 words
    • 249 3 EXXON CHEMICAL Simco Pte Ltd is carrying out a major expansion of its 10-year-old solvents plant to produce an expanded range of speciality chemicals to be marketed throughout the Asia/Pacific region. The company will invest US$6 million over the next five years in
      249 words
    • 467 3 Seminars and (ffj iN/VTECW 15-17 January 1987, mJJ, r World T rade Centre, Courses I ELECTlOflCSrOR 1 NXTUNAL SECURITY 1 us* B7 Singapore. DURATION TITLE VENUE ORGANISER TELEPHONE Jon 23-24 Essentials and Hotel Plaza lePoch Monagement 2S***** Practical Aspects c f Associates Payroll Jon 26 Strategies for Mandarin
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  • Page 3 Advertisements
    • 154 3 DIARY JUST FULL OF MINER DATES? WE'VE JUST THE MATCH FOR YOU. When your business life involves as many social engagements as your personal one, it's easy to get the two very different expenses mixed up. That's where OCBC's two card deal comes up trumps. We'll fix you up with
      154 words

  • ASIA-PACIFIC
    • 512 4 Bank of Thailand expects spc rise in GDP Reuter THAILAND has entered 1987 with prospects of maintaining its record as the best performing economy in South-east Asia, according to government economists and private bankers. They said fast-growing exports of manufactured goods, huge savings from
      Reuter  -  512 words
    • 153 4 UPI THE PHYSICAL CONDITION Of Iranian leader Ayatollah Ruhollah Khomeini has deteriorated sharply, bringing the Iranian government to a near standstill, according to an American television news report. Iranian sources quoted by ABC News on Monday said that Ayatollah "Khomeini, 86, is losing
      UPI  -  153 words
    • 363 4 Reuter SAUDI ARABIA had formally expressed concern over the proposed formation of a new group by African oil producers, the Cy-prus-based Middle East Economic Survey (Mees) said on Monday. "A message to this effect was apparently addressed by the Saudi Oil Minister,
      Reuter  -  363 words
    • 334 4 AP AN ACUTE food shortage and a paralysis of normal activities were reported on Monday in reb-el-controlled Jaffna during the 11th day of a government fuel blockade, residents and news reports said. All-India Radio, meanwhile, reported that 12,000 Tamils
      AP  -  334 words
    • 139 4 UPI PHILIPPINE labour flexed its muscle during President Corazon Aquino's rise to power in 1986, declaring 571 strikes, up 54 per cent from the previous year, the financial daily Business Day reported yesterday. Mrs Aquino, in a bid to spur economic recovery, called for a strike
      UPI  -  139 words
    • 173 4 AFP A STUDENT committed suicide in New Delhi after a computer forecast that his future was "dark", police said on Monday. The computerised horoscope had predicted two grave accidents, with the possible loss of a limb, and "other miseries" for Chandresh, 27, Additional Police Commissioner
      AFP  -  173 words
    • 784 4 ARRIVALS Operator Sorvic* numbor Local tlm* From OA UA SIA SIA MAS SU KAL MAS MAS SU CPA HA CU SU Al SU UB THAI SU SAS MAS CU SU SU CAL GU SU SU SU su SU SU GU THAI KIM THAI CPA MAS MAS GU
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  • Page 4 Advertisements
    • 48 4 ~&nzwci*u;, ■4-v •>■- u V*v-> <: vV: i V> < V,'. S 1 >?■ ■j k wPTV- V V*' mi 2B rv, r -xrsi mmnf#M r <*; t X r>s K bene Available at The Benelli Shop, 176 Orchard Road, #02-02 C I Benelli Corners In metro Grand at Scotts
      48 words
    • 65 4 8m Page 12 I II Af I The business person's choice, every I II \II II II I Tuesday. Thursdoy, Soturdoy and I 1 f I \l I I \l Sunday. Leaving Changi Airport at E I 1 22:05 hours and arriving at Heathrow at 06 45 hours the following
      65 words
  • Page 4 Miscellaneous
    • 59 4 Doonesbury J my poor, sneer Bit® MAN. ISHOULP Hm&eMTHEF£,BV HISSIPB. I MIGHT HAVE B6BNABLB TOSAVB HIM... S V I KB Si. LACEi, H5 MAS SEVBN MILES FROM THE NEAREST ROAP. IHBZE UJOULPUT HMB BEEN TIME. 5* BY GARRY TRUDEAU J SGPftßfc DICK RJGHT. IFJHERE'PB&N STRUCK VME.VICKUJaiVHME BARGAINS STRUCK ONE OF
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  • REST OF THE WORLD
    • 443 5 FT WEST GERMAN exporting companies, already hit by the sharp fall in the dollar, will have to bear an added burden as a result of the latest revaluation of the deutschemark against other European currencies. Though companies and industry associations sought to put a
      FT  -  443 words
    • 351 5 FT SEVEN of Europe's leading audio, video and domestic appliance manufacturers are working together on a scheme which could make "the intelligent home" a reality before the end of the decade. If they succeed, a householder would be able to control and
      FT  -  351 words
    • 177 5 UPI THE BRAZILIAN GOVERNMENT convened its Economic Development Council for the first time in eight years on Monday to consider urgent measures needed to avoid a return to hyperinflation. The council, headed by President Jose Sarney and made up of Cabinet ministers from the
      UPI  -  177 words
    • 387 5 UPI FUTURE historians may look back at computer programs written today in much the same way hieroglyphics offered insights into life in ancient Egypt. But rather than leaving to chance the fate of programs that become obsolete and fall into disuse, Gwen Bell wants to
      UPI  -  387 words
    • 153 5 Reuter A TOTAL of 21 nuclear test explosions were carried out worldwide during 1986, the lowest number since 1960, Sweden's national Defence Research Institute (FOA) said. The marked drop in numbers from 30 in 1985 and 55 the year before was mainly due to
      Reuter  -  153 words
    • 321 5 Reuter ISRAEL devalued its shekel by 9.75 per cent against the dollar yesterday, saying it was part of a reform plan to stimulate exports and ending a decade of economic stagnation. Bank of Israel governor Michael Bruno announced the exchange rate had
      Reuter  -  321 words
    • 495 5 NYT PRESIDENT RONALD REAGAN will soon ask Congress for changes in antitrust laws, restraints on imports of counterfeit goods, and a US$2OO million war chest to help American companies sell goods abroad, according to administration and congressional officials. The requests, all related to
      NYT  -  495 words
    • 321 5 FT THE CZECHOSLOVAK leadership has outlined a programme to give individual companies greater independence to determine the goods they produce and how to sell them. In an apparent contradiction, however, central planning and management are also to be "strengthened". They are to deal
      FT  -  321 words
    • 111 5 Reuter A SURVEY of about 2,000 South African whites showed they favour social mixing of different races as a way of bringing about peaceful change in their troubled racially divided country, a marketing firm said on Monday. The survey, done by Market Research
      Reuter  -  111 words
  • Page 5 Advertisements
    • 129 5 ARDMORE 6 ARDMORE ftjrk reflects a rare appreciation of the very finest things in life. A luxury condominium that can only be described as lavish. For the exclusive pleasure of a privileged few Nestled amidst the picturesque beauty of mature Rain trees and lush greenery, it is ideally located close
      129 words
    • 7 5 Dealer* expect another EMS realignment, Page 6
      7 words
    • 145 5 SUPEWOROFFICE JNTERIORSSTAOT TthecentrT To make light of it, in the most positive way, they begin in our specially equipped Resource Centre Here we can create a variety of actual office lighting conditions—such as daylight, warm and cold flourescent, and incadescent. So that major office components such as furniture fabrics, carpets
      145 words

  • BANKING AND FINANCE
    • 584 6  -  By ALVIN TAY THE SINGAPORE branch of the Union Bank of Switzerland (ÜBS) has become the first bank here to start round-the-clock trading in the foreign exchange and money markets. Mr Lim Ho Kee. senior vice-president and general manager of the bank's local
      584 words
    • 174 6 DR ROBERT HOLZACH, chairman of the Union Bank of Switzerland (ÜBS) board, will make a two-day official visit to Singapore next month as part of the parent bank's 125 th anniversary celebrations. An anniversary reception will be held then,
      174 words
    • 96 6 A NEW DIRECTORY listing over 300 development finance institutions and useful information on project financing for developing countries has been published by the United Nations Industrial Development Organisation. The directory contains information compiled from Unido's computerised Investment Promotion Information System, which lists almost 600 development
      96 words
    • 236 6 A 17-MEMBER Singapore banking delegation flew to China late last year in an effort to develop closer ties and explore how Singapore's financial expertise can serve China. The visit, from Nov 19 to 29, headed by Mr Koh Beng Seng,
      236 words
    • 350 6 Reuter THE REALIGNMENT of the European Monetary System on Monday was too half-hearted, and could bring pressure for a second parity change later this year, dealers and economists from around Europe said. Though several said parities could hold until the French election due before spring
      Reuter  -  350 words
    • 89 6 AP THE EUROPEAN COMMISSION is to propose a code of conduct for institutions issuing bank and credit cards to make these acceptable throughout the community. The commission said on Monday that the code would govern relations between banks and other financial institutions that issue cards,
      AP  -  89 words
  • MONEY AND EXCHANGES
    • 797 6 SINGAPORE: The US dollar closed sharply lower, especially against the yen in active trading, in spite of heavy Bank of Japan intervention in Tokyo yesterday. It fell mainly on speculative and commercial selling although it recovered slightly in late trading on profit-taking buying at the lower levels. Sentiment
      797 words
    • 219 6 Interbank rates at 3pm yesterday: Local dollar* to o ■W ONer creee pertly unit of foreign currency: <*_ US doNar 2.1565 2.1575 2.8196 •2X52 Storting pound 3.2099 3.2157 7.3469 -56.31 Australian dollar 1.4114 1.4142 3.4286 ■58.83 NZ dollar 1.1375 1.1413 3.4286 -66.82 Canodlan dollar 1.5781 1.5794 3.4206 -53.86
      219 words
    • 317 6 HONGKONG: Gold closed with pared gains yesterday after a strong opening following the weaker US dollar and strengthening oil prices. Bullion ended at U*****.00/50 against the day's high at US$4lO.BO/U*****.30 and was above New York's close of US$4OB 10/60. Dealers said that a wave of profit-taking by investors
      317 words
    • 217 6 ASIAN DOLLAR deposit rates closed higher yesterday. Asian dollar CD rates closed slightly higher. One month ended at 6.25/15 against 6.20/10, three months at 6.20/10 against 6.10/6.00 and six months at 6.10/6.00 against 6.05/5.95. Interbank deposit rates us$ OHf kid 7 days 6 3/8 6 1/4 1 month
      217 words
    • Article, Illustration
      185 6 THE OVERNIGHT rate on the Singapore interbank market closed at 1 1/4 per cent yesterday, down 1 1/2 point from Monday. The one-month rate shed 1/4 point to 3 3/8 while the two-month and three-month rates fell 1/8 to 3 3/8 per cent. Indicate* the average of the
      185 words
    • 592 6 BA Futures MARCH Eurodollar opened at 94.03, gapped down from the previous close of 94.08. The tone of the market turned bearish in view of higher oil prices, a weak dollar and higher metal prices. The March contract subsequently slipped off to 94.00 as the dollar weakened in the
      BA Futures  -  592 words
  • Page 6 Advertisements

  • ADVERTISING & MARKETING
    • 999 7  -  By MONICA GWEE MILLIONS OF DOLLARS have been spent in India on public service advertising with little effect and results. An award-winning figure in public service advertising offered a simple reason for such expensive wastage. "The difference is they were producing propaganda and ad agencies
      999 words
    • 173 7 EUGENE FANG, managing director of The Ball Partnership, has resigned from the agency effective Jan 31. He was unavailable for comment yesterday, but Tim Isaac, Ball's chairman in Singapore, confirmed the resignation and said all clients were informed last week. Isaac said it was uncertain at
      173 words
    • 346 7 ADVERTISING big cheese Helmut Krone, art director at DOB Needham, New York, is among a line-up of four well-known international admen who will be judges at this year's Creative Circle Awards (CCA). Krone, author of the book, "When Advertising Tried Harder", is
      346 words
  • Page 7 Advertisements
    • 194 7 Which me fits you best? Li IBMiw—isa rrgislrrrd trade mark of Inlrrnational Rusin«~w Mai (*n« PHILIPS Whatever your WP needs may be, Philips now have systems off-the-peg to fit your size exactly. We've just brought out an easy-to-learn new WP package designed to go with each of our PCs. You
      194 words

  • FEATURES
    • 460 8 SINCE THE breakdown of the Bretton Woods agreement in the early 70s, exchange rates have been very much in the news. That does not speak well of the international monetary system, for it is in the nature of news that what works smoothly doesn't make it
      460 words
    • 1471 8  - Crisis of confidence in M'sia fact or fiction? Recent political squabbles, commercial frauds and corporate failures in Malaysia have given rise to the question of whether there is a crisis of confidence in the country. LEU SIEW YING posed this doubt to several prominent Malaysian businessmen and foreign investors. LEU
      Bernama  -  1,471 words
  • Page 8 Advertisements
    • 402 8 e Another braindild If f i I vsr American Research Corporation A Mi—BßK' ARC 286 TURBO ARC TURBO PC/XT CPU: H0286 running 8/6 MH, CPU: 8088 2 running Socket for H0287 Soctrl for 8087-2 640K8 RAM expandable to I MB on board. On-board 640K RAM capacity Storage: 1.2M8 floppy Duk
      402 words
  • Page 8 Miscellaneous
    • 640 8 CRYPTIC PUZZLE ACROSS 1 Do such shirts resemble frocks? (5) 6 When you do this this to words are you butchering the language? (5) 9 Animal you'd go the ends of the earth for? (7) 10 No bare-headed bird? (5) 11 Neckwear mostly used for motoring (5) 12 Arrest for
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  • SPORTS
    • 364 9 Reuter IRISH world champion Eamonn Coghlan has pronounced himself fit and "raring to go" 16 days after an attack by a dog threatened to end his indoor athletics season before it began. Two youths turned their dog on the 5,000
      Reuter  -  364 words
    • 150 9 AFP CARL LEWIS, quadruple gold medallist at the 1984 Los Angeles Olympics, makes his comeback after an arthroscopic surgery to his left knee in an indoor athletes meeting at the Indiapolis on Friday. His coach, Tom Tellez, said he had resumed training in November and was ready
      AFP  -  150 words
    • 600 9 Reuter KOOKABURRA 111 skipper lain Murray walked out of Alan Bond's America's Cup headquarters three years ago, angry, insulted and determined to help launch a powerful rival defence. Murray teamed up with Perth millionaire Kevin Parry and has built the
      Reuter  -  600 words
    • 264 9 AP STARS and Stripes led from start to finish in strong winds yesterday and whipped New Zealand by one minute, 20 seconds to take a 1-0 lead in their best-of-seven America's Cup challenger final series. The US boat ended a 28-race winning streak for
      AP  -  264 words
    • 447 9 Move will encourage more locals to take part THE Professional Golfers' Association of Singapore will be asked to award Order of Merit points for the Singapore Open golf championship in March. This follows the PGA's decision not to award Order of Merit points for the
      447 words
    • 462 9 AP LAS VEGAS oddsmakers have made the New York Giants a nine-point favourite to beat the Denver Broncos in Super Bowl XXI. "The favoured team (in a Super Bowl) is usually about a three-point favourite," Sonny Reizner of the Castaways Sports Book said on Monday.
      AP  -  462 words
    • 533 9 Reuter MIKE TYSON and James 'Bonecrusher' Smith survived an ordeal on Monday that just might be as tough as their title fight in March they sat through a Don King press conference in New York. It appeared to be touch and go whether Tyson,
      Reuter  -  533 words
    • 305 9 UPI BARELY seven months ago, An-— 1 drew Castle had some 60 million tennis fans breathlessly monitor- i ing his progress at Wimbledon. At Kooyong on Monday, the youngster being hailed as the great white hope of British ten- < nis, had an
      UPI  -  305 words
  • Page 9 Miscellaneous
    • 1334 9 to onus mm DRESS GRAY 9.30pm, Channel 5 W. I 1 B 5 PM SBC Text Sample Pages. Opening and Programme Highlights followed by Home is Where Love Is (C, rj. Sesame Street. Heidi (r). Huckleberry Hound (r). Sandiwara (M, r). Programme Highlights. Mask. All Is Forgiven. News (M). Coming
      1,334 words

  • INTERNATIONAL STOCKS
    • 267 10 Reuter BRITISH building societies are likely to move cautiously into the deregulated world which was ushered in by a new set of laws on Jan 1 a kind of Big Bang' for building societies after the City's deregulation in October. The laws allow
      Reuter  -  267 words
    • 150 10 UPI THE VANCOUVER Stock Exchange suspended trading in a company chaired by Saudi billionaire Adnan Khashoggi, and a newly reinstated stock in a Khashoggi-run firm plunged in trading on Monday. Michael Ross, British Columbia superintendent of brokers, issued a cease-trading order on shares of Vault
      UPI  -  150 words
    • 423 10 Reuter WALL STREET stocks extended the New Year rally into a seventh consecutive session on Monday, but weakness in IBM and Owens-Illinois, two components of the 30 Dow industrials, tempered some enthusiasm. A rise in oil prices to the US$l9 a barrel level
      Reuter  -  423 words
    • 130 10 JAN 12 Abttibi C 1 29% Inco Int Prov Wpa lu Intl 17% 42% 21% uncti AJcan Alum .42% Karr Addlaon 17 12 Algoma SB Bank Nova Scotia 10% ia McMil Bldl 45% Bank 01 Montreal 36% Motaon A Moors Corp 23H 30% Noranda In 23% JOTI Northgate Exp
      130 words
    • 223 10 JAN 12 RANO M0U6TMALS +A Truat Bk Un Staal Woollru 150 56 1800 5 unch unch ***** Abarcom 320 Aad 1500 25 Angloa 7500 300 AMKT"".'.'! 500 25 50 Angvaal *****6 2515 •200 86 1900 -20 Buffaia 8060 undi C G Smith 3100 Charter 1825 CNA 310 5 Cona
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    • 592 10 JAM 11 US A 31 Alcoa 3714 Allag Intl IIS Allied Stg 44% Alliad StOTM All la-Chal mart 2* -K Am Brand* Inc Am Can Co ....46% 91% Am Cyanamld 82% Am Elac Pwr 28% Am Expraaa 62% Am Homa Prod 82 Am Motors Cp 3 13% Amarada
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    • 842 10 Amsterdam JAN 12 U ABN 493 SO -10 5 Aagon Ahold aeoo 106 70 140 90 -1 •1.4 -43 Alrantt AMEV Amro Bank Am Stad 141 30 70 80 86.80 128 50 unch -05 -15 0 5 B«(W BOLS 17 20 150 00 unch Boraumlj Buahrman Tail* Calva
      842 words
    • 65 10 Reuter THE US airline Northwest Airlink has signed an agreement with Swedish Saab-Scan ia AB to buy three 30-seater Saab SF34O aircraft for an undisclosed sum. The three planes, scheduled for delivery by June this year, take Northwest Airlink's SF34O fleet to 11. A total of
      Reuter  -  65 words
  • Page 10 Advertisements
    • 655 10 Wiiiere id wim, diua mil eaMia mcwmz 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. anything from chye tow kueh,
      655 words
    • 4 10 London stocks, Psgs 15
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  • ASIAN STOCKS
    • 366 11 HONGKONG: SHARE PRICES fell in very heavy trading in Hongkong yesterday as selling related to stock index futures spurred a general retreat. The Hang Seng Index dropped 24.04 points to 2590.83. It had opened with a fractional gain but slid gradually throughout the day. The Hongkong Index lost 16.34
      366 words
    • 248 11 JAN 13 All Sincare Indus Asia Cement Cathay Cons Chang Hwa Bank Chang Loong NT* 2 44 31 30 .37 30 46 90 28 80 0.07 0.1 -0.4 -0.4 -03 Kolin Kuochan Dev Laa Chang Yuan Cham Indus Lian Hwa Indus Nan Ya Plas 26.40 23 60 3190 20
      248 words
    • 491 11 TOKYO: Prices on the Tokyo Stock exchange sagged in very sparse trading as the yen continued to rise against the dollar and crude oil prices climbed yesterday. The Nikkei stock average of 225 selected issues, which fell 141.34 yen on Monday, receded another 124.97 yen to close at 18,544.05.
      491 words
    • 107 11 JAN 13 Kai 1047 28 ***** 300 Kia Motor 1878 28 452 -13 Koion ind 2910 100 920 ■20 Korea Long Term 1880 -20 1289 Lucky Ltd 1540 35 Daishin Securities soso 9500 -80 **00 Oriantal Brewery Oriental Chem 1400 ***** 50 1000 Dong Soh Stock ***** -800 Pacific
      107 words
    • 365 11 SYDNEY: Australian share markets closed firm but slightly off early record highs, with higher gold and oil prices boosting resource stocks, brokers said. Industrial issues were also well supported as demand spilled over from the resource sector and met a shortage of available blue chip stock. But the weaker
      365 words
    • 160 11 Reuter BANGKOK: The Stock Exchange of Thailand Index slipped 1.16 points to 213.78. Turnover totalled 1,419,802 shares worth 197.5 million baht. The Book Club Index was down 1.11 at 192.12. Reuter JAN 1J BAMT 11 2 -2 -2 -3 -8 1 Siam Camant Siam City Camant 661 674 unch
      Reuter  -  160 words
    • 91 11 JAM IS •UM Marsts* Oriental B 0 036 uncti Phil Ovarsaas 0 525 0.47 Aco|« Mining Phllax B 0 50 -0 02 Anglo Phil PtcopB 4 50 -0.5 Apax Mining B 0.0625 unch PLOT 300 2 5 25 0 000 San Migual B 110 -1 Basic Pa<rolaum 0 012
      91 words
    • 79 11 UPI YUKONG Ltd, South Korea's second largest oil company, has signed a letter of intent with Arco Chemicals of the United States to construct two petrochemical plants in Korea in a joint venture project, Yukong officials said yesterday. The deal calls for the two sides
      UPI  -  79 words
    • 444 11 AFP NISSAN Motor Company Ltd, Japan's second-biggest car producer, said it expected its overall performance to improve this year, in spite of the strong value of the yen. The company said that after a 10.3 per cent drop in production last year, it was
      AFP  -  444 words
    • 84 11 AFP THE HONGKONG Securities Commission has asked Australian tycoon Alan Bond's recently-listed local offshoot to clarify its net asset value, apparently inflated in a recent statement by Mr Bond, Bond Corp International Investments Ltd (BCIL) said on Monday. The company also said the commission
      AFP  -  84 words
    • 175 11 Reuter THE AUSTRALIAN GOVERNMENT will raise no objections to the News Corp Ltd takeover offer for Herald and Weekly Times Ltd under its foreign investment policy. "In reaching its decision, the Commonwealth took into account the views of state governments and the various
      Reuter  -  175 words
    • 163 11 Reuter DEAK INTERNATIONAL INC has completed the purchase of Lark International Finance Ltd. a local unit of the US-based Lark group, for HK$2l million, Deak president Arkadi Kuhlman said. Lark International was formerly Deak Perera (Far East) Ltd which was liquidated in February 1965.
      Reuter  -  163 words
  • Page 11 Advertisements
    • 650 11 r« id "ate. dUt« and saMi) r dub^ Singapore's first Music Dance Lounge *5 .< I •-a 0 v v ;i t i t-Atr, m 1 4 A TRIBUTE TO DANCE Every Wednesday and Friday, Club 5 pays tribute to dance from traditional to modern choreographed and performed by professional
      650 words

  • RAW MATERIALS
    • 339 12 AP WORLD gold production rose 5 per cent in 1986 to 50.846 million troy ounces, and will increase every year for the next three years to an estimated 58.911 million ounces in 1989, the Gold Institute says. South Africa was the world's
      AP  -  339 words
    • 126 12 Reuter AN EXECUTIVE BOARD meeting of the International Coffee Organisation (ICO) in London has been postponed for a week so that producers can meet to consider re-introducing export quotas, chairman Fritz du Bois of Peru said on Monday. The meeting has been put back for a week
      Reuter  -  126 words
    • 95 12 Reuter JAPAN and China have agreed to cooperate in developing technology to extract gallium, a material for super-computer integrated circuits, from iron ore. A Japanese government official said the National Research Institute for Metals of Japan and the Beijing University of Iron and Steel
      Reuter  -  95 words
    • 159 12 AP WORLD PRODUCTION of natural rubber rose last year by 1.3 per cent to 4.395 million tonnes, according to International Rubber Study Group (IRSG) estimates released on Monday. Synthetic output last year was 2.1 per cent higher at 9.195 million tonnes. The figures show 1986
      AP  -  159 words
    • 440 12 Reuter IRELAND hopes oil will at long last start flowing from its Celtic Sea area now that exploration giant British Petroleum (BP) is going into overdrive offshore. Energy Minister Dick Spring delivered an upbeat New Year's message after transferring eight
      Reuter  -  440 words
    • 185 12 MALAYSIAN crude palm oil prices yesterday eased from early highs to close lower on profit-tak-ing and short selling, in line with the fall in palm oil futures. Expectations of lower production in the current seasonal downtrend and firmer overnight Chicago soyoil futures backed early sentiment. Jan deli series
      185 words
    • 302 12 SINGAPORE The market closed slightly higher yesterday with Feb 1 RSS buyers quoted at 193.00 cents/kilo, up 0.50 cent from Monday. The morning session ended one cent higher on renewed buying interest in moderate trading, after a lower opening on some long liquidation. But the gain was pared slightly
      302 words
    • 203 12 WHEAT FUTURES on the Chicago Board of Trade closed mostly higher in light trade on Monday, ranging from unchanged in old crop May to up 21/2 US cents per bushel in new crop July. March settled at USS2.7B-1/4, up 1/2 cent, after posting a 3-1/2 cent range, with new
      203 words
    • 105 12 OIL PRODUCTS THE FAR EAST petroleum products market saw naphtha firming (c f Japan basis) on the back of recent rises in Europe prices. Fuel oil continued mixed with sentiment generally bearish but deals rumoured done over a wide price range. All other products remained relatively unchanged. Closing prices for
      105 words
    • 117 12 THE PRICE OF TIN on the Kuala Lumpur Tin Market yesterday eased three cents to M 517.29 per kilo, In sympathy with a weaker European spot market The market also fell on an Initial higher offering of 115 tonnes at Monday's M 517.32 closing level
      117 words
    • 66 12 Bangkok (USl/tonrw, FO») White Rice 100% 1st doss 245 100% 2nd dan 210 100% 3rd daw 205 5% 195 10% 190 15% 1S5 20% 175 25% 170 35% 170 Broken Rice A-1 Sup*r 118 A-l Sptdal 115 C-l Special unq C-1 Ord unq Loonzain Rice 100% 1st grod* unq
      66 words
    • 793 12 COFFEE Robusta coffee futures continued to lose ground on Monday afternoon, dropping to fresh 15-1/2 months lows for the second position, although short covering reduced final losses to £62 £47. Dealers said that sharply lower New York prices in the afternoon undermined sentiment in a market already pressured
      793 words
    • 130 12 Chinese Product Exchange latMa 20/25% FOt NSW 425.00 )§||§ri noon doting pr Jan 13 (SS/100 kg). Coconut oil Mk FOi Otd drum FOi Now drum FOt Iom on 85.00 95.00 9AM Nutmeg 110 FOt NSW twp FOt NSW Gambler FOt NSW 1422.00 1322.00 330.00 Copra Mixod (kooto) Pepper
      130 words
    • 310 12 RAS prices mt< In bale NOON CLOSE Bwyori Sellers Rvyon C M wawa^ Int 1 RSS Prompt 192 JO 193 JON 193JO 194 JON tnr 1 RSS Fob 87 192-50 193 JO 193.00 194.00 •nt 1 RSS Mordi 192.50 193 JO 193.00 194.00 Int 2 RSS Of
      310 words
    • 79 12 (e«n»/kg, 1-fon pott») FEB 87 MAR 87 (currant month) (forward month) NOON NOON p AC kyM StNin Ivyvn Sttcn SSI 20 177.00 179.00N 178.00 180.00N SSI 50 175.00 177.00N 176.00 178.00N MRELB bywi Srtm Ivrm SMan SMI CV 2M.00 290.00N 2*9.00 291.00N SMI I 288.00 290.00N 289.00
      79 words
    • 126 12 SOYBEAN FUTURES on the Chicago Board of Trade closed mostly higher on Monday, ranging from up two US cents per bushel in January to unchanged in distant January, with March settling at U554.96-3/4 after posting a narrow 2-1/2 cent range in quiet trade. Further weakness in the US dollar
      126 words
  • Page 12 Advertisements
    • 143 12 ft Ji Vt« m 1 0^ t\ 1 A J, foRDERFQRM n Yes, I would like to subscribe/renew Please send the magazine to the following add Name: Address Company: Designation: argeH^> Tmoney order no: Charge American Express Account Card No: Expiry date: for $49.00/$71.25/J64.75 Signature: I Cheque/money order should be
      143 words

  • SHARE INFORMATION
    • 4187 13 THE SINGAPORE stock market yesterday continued its frenzied trading, with major indices recording their sixth consecutive advances, although profit-taking caused most shares to finish off-best. The Straits Times Industrial Index went up 4.07 points to 955.55 while the BT Composite Index registered a
      4,187 words
    • 248 13 SINGAPORE Rises Indices ian 12 Jan IX, Sport land 565 35 8T Comp p»H» 838.09 ***** UN 995 25 8T Indicator *****149 *****579 Gonrlngi 713 20 8TO8/OS 128 +1*5 M*tro HkJgi 640 20 8TCA0I -6751 -6737 Tranoti Mint 430 20 8TO8V *****9 +*****9 0 1 S 1000
      248 words
    • 4086 13 810 and offer prices officially listed and business in and reported to the Stock Exchange ot 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".
      4,086 words
    • 89 13 UNITED MALAYAN FLOUR MILLS Berhad: AGM at the Conference Room, Shangri-La Inn. Jalan Magazine, Penang, on Friday, Jan 16, at noon. CHIN TECK PLANTATIONS Berhad: 28th AGM at No 107-1, Changkat Tambi Dollah, ***** Kuala Lumpur, on Saturday, Jan 17, at 10am. PETALING TIN Berhad: 61st AGM at
      89 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 442 14 CEREBOS PACIFIC Ltd is looking at several new opportunities for the current financial year, some of which are currently being studied. J R Bittleson, managing director of Cerebos, says in the company's latest annual report that the search will continue for further
      442 words
    • 909 14 NYT BANKAMERICA, which formally rejected First Interstate Bancorp's acquisition offer last week, has suddenly heightened its efforts to remain independent. Bank America is lobbying government officials, enlisting its own employees and retirees in a public relations campaign and circulating documents critical of the proposed
      NYT  -  909 words
    • 549 14 STOCK PRICES in Kuala Lumpur continued to rise yesterday, closing generally firmer in active trading, although some profit-taking emerged to reduce the profit margin, dealers said. Bullish sentiment continued to prevail on fol-low-through strong buying from both local and foreign investors. Quality and
      549 words
    • 330 14 Bernama THE MALAYSIAN Investors Association (MIA) has called on public listed companies to provide complete information on assets in the financial accounts of their annual reports. The MIA felt that many public listed companies often failed to release important and complete
      Bernama  -  330 words
    • 2817 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Alex Hldg *****1 Alcom t-l 151 73 (2) 74
      2,817 words
    • 118 14 HONGKONG Hongkong Index Tuesday *****1 Mondcy 1674 25 Week ago 1652.65 Hang Seng Index Tuesday 2590 83 Monday *****7* Week ogo 2583 87 All Industrials Tuesday ***** Monday 2446 1 Week ogo 2414.3 NEW YORK Dow Jones Monday 2009 42* Friday *****1 Week ogo 1971 32 TOKYO Nikkei
      118 words
    • 515 14 NST LION CORP has taken over the operations of Yuyi Supermarket from receivers Peat Marwick Mitchell and has embarked on a management strengthening exercise to brace itself for the difficult times ahead. Chairman William HJ Cheng said the company's priority now is to
      NST  -  515 words
    • 214 14 Reuter GUINNESS PLC finance director Olivier Roux has tendered his resignation and the board has accepted. The announcement came four days after Ernest Saunders stepped down as chairman and chief executive until the government completes an inquiry into the brewing and distilling company's shareholding membership. The
      Reuter  -  214 words
    • 243 14 Managers' prices MARA-Bumiputra for Jan 14 First B'putra 543 548 Second B'putra 486 4 91 Singapore Unit Trust Third B'putra 381 386 The Commerce 092 The Savings Fund 086 S'pore Prog Fund 036 099 092 040 Fourth B'putra Fifth B'putra Sixth B'putro Seventh B'putra (A) 438 281 289
      243 words
    • 728 15 mm™ By HOCK LOCK SIEW IT IS ALL beginning to fall into place. Allan Ng Poh Meng through his First City Holdings buys 23 per cent of Sealion Hotels Ltd, 2 per cent short of the trigger point. He and his
      By HOCK LOCK SIEW  -  728 words
    • 341 15 Bernama SHAREHOLDERS of Pengkalen PLC (PPLC) have approved all the proposals for the reconstruction of the company at a court meeting and extraordinary general meeting held last Friday. PPLC yesterday said the reconstruction scheme involved the transfer of the company's domicile from the UK
      Bernama  -  341 words
    • 904 15 SHARE PRICES yesterday rose strongly in early trading with the FTSE 100 index at 0944 GMT, up 10.8 points on Monday's close to touch an all-time high of 1,765.2. The previous all-time high of 1,760.8 was reached on Monday morning. On Monday, the FTSE 100 closed up 3.3
      904 words
    • 697 15  -  Oei Hong Leong selling 32m shares to China Entertainment By AMY CHEOK OEI HONG LEONG, president and chief executive officer of United Industrial Corporation, is selling a substantial 20 per cent of his shareholding in the well-diversified group to Hongkong parties. UIC
      697 words
    • 390 15 THE STOCK EXCHANGE of Singapore yesterday allowed the shares of Sealion Hotels Ltd to trade for another three months. The SES announced that it has approved the continued lifting of trading suspension on Sealion shares so as to give the board additional time to consider
      390 words
    • 159 15 Bernama WHILE INTEREST among individual Malaysians on the Malaysian International Shipping Corporation (MISC) public issue shares has been surprisingly lukewarm, foreign investors are expected to snap up millions of the shares once they are listed on the stock exchange. A local stockbroker,
      Bernama  -  159 words
    • 494 15 Current payment Ex dde II Data payable Total tor toe year Total tor A ft N I3V4%I Aug 19 NYA NYA 13'/,% 27% A M D B I3%tbl DK 22 Jon 6 Feb 6 13% 2% Amal Steel 8%TElbi Dec 2 DK 12 Jon 22 8%TE 8%TE Aokom
      494 words
    • 76 15 IN REPLY TO queries from the SES on its two legal cases in Hongkong, Dah Yung Investment said it would provide the answers when the company's directors return from Hongkong. The directors, including company secretary Chew Kok Liang, are currently in Hongkong together with its appointed Queen's Counsel
      76 words
    • 447 15  -  By ELAINE KOH AN INVESTIGATION into Hong-kong-listed Asean Resources has unearthed several irregularities in the company, besides those already raised by its auditors. It has also found the company to be virtually insolvent. Asean Resources, a property and investment holding company, has
      447 words
    • 143 15 Bernama GEORGE KENT shareholders have been told to vote in favour of the company's proposed acquisition of a 20 per cent stake in building manufacturer C I Holdings Bhd (CIH) for M 515.75 million in cash. In a circular released yesterday, George Kent said
      Bernama  -  143 words
  • Page 14 Advertisements
    • 168 14 UNION OCEAN MARINE PRODUCTS PTE. LTD. (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of The Companies Act, Cap. 185. a final general meeting of the abovenamed Company will be held at 16 Raffles Quay #18-04, Hong Leong Building, Singapore 0104 on
      168 words
    • 10 14 M anagers ust anage BT shows you how every Monday.
      10 words

  • Page 15 Advertisements
    • 40 15 ATTENTION! Bankers, Lawyers, Auditors and Accountants. Problem with your old Documents? We safe keep them in our lockable steel boxes far long storage. Document Safekeeping Services Pte Ltd No. 1 Jalan Remaja Room 601 Singapore 22 Tel: *****34 (answering machine)
      40 words
    • 121 15 Stamford Tutorial Service For The B.Sc. (Econs) External Degree (Management Studies Pathway) University of London Available to registered students of the University (with two 'A' Levels and three '0' Levels) Courses conducted on Part Time or Full-Time basis Supplemented with extensive learning resources within a total college environment Experienced and
      121 words

  • 413 16 AFP JAPANESE criticism of the US and West Germany intensified yesterday as Tokyo's Finance Minister indicated that political factors in both countries had contributed to a new round of upward pressure on the yen. "West Germany faces elections and US Treasury Secretary James
    AFP  -  413 words
  • 385 16 MORE THAN 50 companies have been granted a total of $5.94 million under the Product Development Assistance Scheme in the last nine years. These 50-odd companies won the approval of the Economic Development Board for a total of 71 projects to develop new or
    385 words
  • 214 16 SINGAPORE was the second most thrifty nation in Asia after Japan with per capita savings of 5514,702 (U556,984) at the end of 1985, according to the International Savings Bank Institute based in Geneva. Singapore was ranked seventh among the highest-savings nations in
    214 words
  • 276 16  -  By MARTIN SOONG A PROTOTYPE HOVERCRAFT called Tiger 40, the first vehicle of its kind designed and built in Singapore, is to be unveiled today. The hovercraft is the product of a joint venture between Singapore Shipbuilding Engineering (SSE) and UKbased
    276 words
  • 308 16 Reuter, AFP SEVERELY cold weather in most of Europe has boosted crude oil prices close to Opec's target level but the real test for the cartel will come in April, according to oil traders in Asia. "If there's no cheating if
    Reuter,; AFP  -  308 words
  • 227 16 Bernama ELEVEN Deposit-Taking Cooperatives will make advance payments to their members, amounting to 10 per cent of their deposits for 10 of the cooperatives and 20 per cent for one of them, as soon as possible. Malaysian Finance Minister Daim Zainuddin said in a statement
    Bernama  -  227 words
  • 104 16 Reuter THE SYDNEY Futures Exchange plans to launch an Australian dollar futures contract within the next few months. The launch will follow as soon as possible yesterday's introduction of an Australian dollar contract on the Chicago Mercantile Exchange, said SFE spokesman Stephen Calder. He said the
    Reuter  -  104 words
  • 140 16 PASSENGERS passing through Singapore's Changi International Airport exceeded the 10-millionth mark last year for the first time, while cargo traffic surpassed 350,000 tonnes. The Civil Aviation Authority of Singapore (CAAS) said a total of 10,045,076 passengers passed through Changi Airport last year,
    140 words
  • 108 16 Reuter COMEX gold futures weakened in early trading yesterday after a firmer opening as professional ring traders took profits on the early modest gains. Floor analysts said local traders were disappointed that the metal could not rise much further as the dollar tested 6-1/4-year lows against the mark.
    Reuter  -  108 words
  • 68 16 Reuter WALL STREET stocks yesterday moved lower in early moderate trading as a weak bond market and a declining US dollar caused concern that interest rates may not decline soon. After the seven-session rally, some profit-taking also set in, traders said. The Dow Jones Industrial Average fell
    Reuter  -  68 words
  • LATE FILE
    • 33 16 UPI US DEMOCRAT Senator Lloyd Bentsen, chairman of the Senate Finance Committee, said yesterday that he believed that the White House would support a trade Bill this year. UPI
      UPI  -  33 words
    • 38 16 Reuter TIN-PRODUCING countries should limit exports for two years to reduce the surplus on world markets and raise prices to more realistic levels. Indonesian Mines and Energy Minister Subroto said yesterday. Reuter
      Reuter  -  38 words
    • 40 16 Reuter CHINESE leader Deng Xiaoping said yesterday that he did not take seriously demonstrations last month by thousands of students calling for democracy and freedom of speech. It was his first public statement on the demonstrations. Reuter
      Reuter  -  40 words
    • 37 16 Reuter PHILIPPINE government and communist rebel negotiators yesterday failed to agree on what to discuss first during peace talks as a 60-day ceasefire entered its 33rd day without substantial progress on negotiations. Reuter
      Reuter  -  37 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 56 16 Outlook: Cloudy wHh occasional shower* over several areas from late morning to early evening Report for 24 hours prior to 7.30pm on Jan 13 at the airport Maximum temperature 28.8 Aesociated humidity 75 Minimum temperature 22.8 Associated humidity 96 Hours of sunshine 0.80 Rainfall in millimetres 13.1 Rainfall this month
      56 words

  • SHIPPING TIMES
    • 112 17 AN ENTREPRENEUR has bought the wreck of the Kowloon Bridge which now lies 24.3 metres of water off Ireland. Mr Michael Kent who is involved with wreck removal and marine scrapping has sought the permission of the Dublin government to inspect the vessel, which sank in
      112 words
    • 365 17  -  By JUNE LIM JOINT OPERATORS Neptune Orient Lines, Orient Overseas Container Lines and "K" Line have no immediate plans to include Europe within its eastbound round-the-world service. Reports elsewhere have indicated that the trio are mulling over plans to fill the
      365 words
    • 346 17 CHUAN HUP HOLDINGS is thinking of using existing vessels to start a container feeder service in the Asean region. It is also looking at port services in Asean ports as another area to improve employment of its fleet. The diversified marine, high-technology
      346 words
    • 242 17 UNITED STATES Lines has appointed Genix Corporation to manage its information services and data processing operations. The contract which had to be authorised by the US Bankruptcy Court since it is now under its protection, is expected to result in immediate cost savings
      242 words
    • PORTSIDES
      • 61 17 Reuter CHINA has sentenced the captain of a Taiwan fishing boat to seven years in jail for murder, a Hongkong newspaper said. The independent Ming Pao, quoting Beijing's official China News Service, said Captain Lin Xinrong was found guilty of Killing the captain of another Taiwan vessel
        Reuter  -  61 words
    • 743 18 Lloyd's Shipping Economist MEDIUM SIZE tankers with a capacity ranging from 40,000 dwt to 150,000 dwt, experienced a strong recovery in secondhand prices during the course of 1986. Improved prices were particularly marked at the upper end of the range crude
      Lloyd's Shipping Economist  -  743 words
    • 252 18 FT HAPAG-LLOYD will rationalise its North Atlantic container services by entering into a joint venture with those of Atlantic Container Lines, ACL. The service will use the Port of Liverpool currently ACL's principal terminal for all its UK traffic. This means Hapag Lloyd will abandon
      FT  -  252 words
    • 978 18 AB Shpg V 5 Accord Shpg VI 3 Ahrenkiel liner X 1 Alitrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Atlos line X 3 ANl 1 1/2 ARC line V 4 API III 2/3 ASCI III 1 Balt-Canoda line VII
      978 words
    • 1379 18 DRY CARGO charter markets featured firm rates Monday on the London shipping freights market as grain houses conceded further advances on last-paid rates for US Gulf loaders. MSK fixed the Istria from the US Gulf to Japan with a 52,000-ton January-February cargo at U5513.75 (fio), while another firm
      1,379 words
    • 176 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services ••K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      176 words
    • 156 19 UPI A SEAMEN'S strike that has crippled Iceland's all-important fishing fleet for nearly two weeks ended yesterday with the introduction of emergency legislation by the government. Prime Minister Steingrimur Hermannsson announced the strikeending measure, which was submitted to parliament for approval yesterday, after wage talks broke
      UPI  -  156 words
    • 473 19 Lloyd's List AMERICAN President Lines (APL) may bareboat charter four of the six Pacific class container ships ordered by Lykes Bros in Japan in 1984 at a cost of US$225 million. The US Maritime Administration's Maritime Subsidy Board has authorised APL to
      Lloyd's List  -  473 words
    • 705 19 AFP A SUBSTANTIAL improvement in rate levels occurred in ssvsral key grain trades on the freight market during the past week, reflecting an upturn in demand as well as firmer bunker prices. Shipowners were said to be holding out for improved earnings early in the week and receipts
      AFP  -  705 words
    • 132 19 International Transport Journal ITALIA Dl NAVIQAZIONE has ordered three newbuildings from two Italian shipyards, two 2,200TEU vessels from Cantieri Breda di Venezia and one 850-TEU vessel from Cantieri di Castellammare di Stabia, both for delivery in 1969. The order, which was signed on Dec 22, follows
      International Transport Journal  -  132 words
    • 138 19 BRITAIN arrested 206 vessels last year the second highest figure to be recorded but 10 less than 1965. Mr Vincent Ricks, Britain's Admiralty Marshal, blamed this on the harsh market conditions experienced by shipowners. "There are too many ships, and owners do find
      138 words
    • 257 19 Reuter WORLD SHIPPING industry leaders are to discuss with UN Secretary-Gener-al Javier Perez de Cuellar the feasibility of establishing a UN naval patrol force to deter attacks on ships in the Gulf, the International Chamber of Shipping (ICS) said. This is among topics
      Reuter  -  257 words
    • 5232 24 AARHUS Qlu Ha. China Ocaan. Jan 14. Salandia. ScanOutcht. Jan 14. Axel Maarak. Maarak Lina, Jan 14. Toyama. ScanOutcht. Jan It Xing Ha. China Ocaan. Jan 20 Ming Enargy. Yang Ming, Jan 22 Evar Qraca. Evargraan, Jan 23. B Parmal. ScanOutcht. Jan
      5,232 words
    • 1084 24 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES Enorxis K32 olongside 14.01/1500 Peost Vanguard K19 olongside 16.01/2300 Gold Stream K33 alongside 14.01/1500 Hoimen <29 alongside 14.01/0600 Kota Angkasa K19 alongside 14.01/1500 Monoloeverett K27 alongside 15.01/0600 Ned Amersfoort KI8 olongside 14.01/1200 Ned Bangkok K10 olongside 14.01/1700 Nippo
      1,084 words
  • Page 17 Advertisements
    • 620 17 A bmh m SHE HAD AHura/inur power, she SDBSTANTF needed love. J/Kk SHE WANTED REVENGE. \us9 Emma Harte ls IS Jk a woman op ?viiK«s SUBSTANCE Jgf what is (he price she has paid? JV Available at all good bookshops WW/ OqmOmgHi&ifawtNi NORTH AMERICA ATLANTIC FXPRESS (ROUND IHf WORLD ROUTING)
      620 words
    • 83 17 Hapag-Lloyd enters venture with ACL See Page II amm MEDIUM SIZE tankers with a capacity ranging from 40,000 dwt to 1 50,000 dwt, experienced a strong recovery in secondhand prices. Page II AMERICAN President Lines (APL) may bareboat charter four of the six Pacific class container ships ordered by Lykes
      83 words
    • 1066 17 Mammoth Hunters Jtan M. Auel CORONET BOOKS MAERSK LINE EAST AFRICA SERVICES INAUGURAL SAILING TO DAR ES SALAAM -MOMBASA -NAIROBI ADRIAN MAERSK V0Y8703 etd SIN -17.1.87 TOOAy Voy S'pore Th» weak LAURA M Closing Timet CY 19/1 1500 MRS CFS 19/1 0600 MRS To Calilornia US Gurt US Atlantic East
      1,066 words

  • Page 18 Advertisements
    • 490 18 03 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT RE6ULAI CONTAINEH SERVICE FAX EAST Tl MEIITEHRAIIEAN AND EUROPE ALSO ARABIAN 6IILF AND INDIAN SIS CONTINENT Also accepting FCL Carp to Limesaoi. Martin, Lattakia, Beirut ind OUTBOUND TO ARABIAN GULF Alexandria ratay via Salerno. vessels VILLE DE MERCURE VILIE D'URANUS VILLE DE
      490 words
    • 335 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL ROSE GftIGORPAN Szczecin-tag-Ant UAecfc-ljawMen-Antwerp IjawMon-CerdHl PT. KLANG m an m an v w TEL- 03-*****50 MALAYSIA SON. bhd. TLX: ***** MTM Frt Booking contact Miss Gan S PORE LOG. FOR Further load/ diacharging porta an route eutoject to aufficient inducement Singapore Agent Goodrich Maritime Pl*
      335 words

  • Page 19 Advertisements
    • 536 19 The Straits Steamship Group J Mansfield Container Shipping PteLtd F&OCLH^ P&O Containers limited a> j fiKi.ll; a;ii Australia Straits Container Line (A mtor «l MSO) -4-i STRAITS SHPPING Singapore to Sabeh, Sarawak, Brunei Ports and Bangkok X TTi TF. 13 lL Ji H'burf IT fcawn rtM U Hi STbb China
      536 words
    • 537 19 /SJ CSAV SudAmericana deVapores EXPRESS SERVICE TO CHILE FUOM vessel fs-rowlißTM" m mjc* jQQ jaw g, KASUGA MAAU 1/2 KLAVAfti CLOtT MP 12/« 7^ W DW««WI'W "2 "2 SM LIVERPOOL lAT IW SLA SALAHCO 3. n,>4 Z2<4 2V« ®> CARGO FOR PUNTA ARENAS, TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA
      537 words
    • 278 19 Franco Belqian Services M/ .MFMBEROF ACE CONSORTIUM) r. r t l l I S POKP.KELANCU NarwTiMi Htm Ha IDmM OMWTAI CHIEF 11 JM (14 JM) 2FA )FA 4FA 7FA IFA MFA 55** CM* ROMAN JAttJm aJm (II JM) IFA MFA UFA MFA 15 FA 17 FA wn KAS I NCPTUW
      278 words

  • Page 20 Advertisements
    • 303 20 CONTAINERSHIP SERVICE TO UK CONTINENT CONVENTIONAL SEMI CONTAINER SERVICE TO EUROPE CONVENTION AL'SEMI-CONTAINER SERVICE TO MED cutoffrmt pk kn trieste lexwcs bilbao mburg shaven i jam zi/i 2*l 11/1 us 24/2 2/3 *3 CONTAINERSHIP SERVICE FROM UK CONTINENT Ctty «f Edmfeurfh V W W W 1/2 I*2 fl/2 Frankfurt Eiproa
      303 words
    • 830 20 JCSline FULLY CONTAINERISED SERVICE ro EUROPE VIA SUEZ I Member ol the Ace Consoftion ORIENTAL CHIEF Sl* Jj rat WW4 FROM ['JROPE VIA SUEZ fl Mrmbw ol the Ace Consilium P Ktitni S port H.Kmc KaoaMuni Basan Tokyo SEVEN SEAS NIDGE SK (22/1) 2JVI 24/1 25/1 1/2 21/1 NERCATOR 41E
      830 words
    • 170 20 Hai Sun Hup Co (Pte) Ltd f tL ??04>»0fi (?0 Linps) TLX RS ??061 ti RS <>0672 ft. i \M i r\ \k i i\ I k ill) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-ROA HEAVY LIFTS Loading at appropriated Berth P4-P5 NOTE: ALSO CALUNG OTHER JAPANESE PORTS, HONGKONG. TAIWAN ft CHINESE
      170 words
    • 574 20 EVERGREEN full Container Serve? Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) pus klg ns AM LNV «rc 111 su I V 4 US WEST COAST OUTBOUND INBOUND n «i trc m wn m mi m w m m nn mm M 10 Ml LIVING I*l cvci aim an cva
      574 words

  • Page 21 Advertisements
    • 436 21 Tk x A PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK SEA HAWK OOWA SEA HAWK VESSEL VI SEA FORTUNE S7 SEA FORTUNE 87 SEA GLORY S7 MAJAPAHIT 1 SIN SBV SMO SIN BLW SLD
      436 words
    • 274 21 TAYO INTFRNATIONAI PTE LTD i I 1.'t..". I t l Ili.-sl I I K', Hl| I A VOIN VESSEL SINAR MKA PERAWANC SATU KOREA HORIZON vn m In Part 9(1 DESTINATION PENAN lARU KLAWAN/CKADINC MMTANG/MNJARMA SAMARINOA MANILA A VSL In Port 2*l MANILA SAW SAMUDERA U/l 2*l JAMI 4 V*J*
      274 words
    • 527 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT DM rhave* rata havre stow pkla* rm for iln M SwM MM MM MM MM W MKG. vm >Mr MM MM MM MM MM I*l HO MKG. TWN mmn MM MM MM MM MM N.U. NG. TK
      527 words
    • 493 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAHUDERA INDONESIA P.T. TRIKORA LLOYD 3 <- VESSELJYOY SPORE Bill LJ BONTANC/IBWB 16-I*l 17/2 UN DA CAMA/17WB 23-2* l *3 MATARAM/17WB 17-I*2 13/3 SPORE BILBAO BREMEN A'OAM/R'OAM H BURG 16-I*l 17/2 -25/2 27/2 2MNI 6/3 10 UP
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    • 231 21 BOUSTEAD SHIPPING AGENCIES PA-AN VMM PAGAN VMM HANDALAY Loading lor Empi BURMA FIVE STAR (Burmese National Line) Loading for Rangoon 'pore P.Kelang Ponang Bangkok Vis Jm 1/UiM 213 Fak 4/5 Fak A BANK LINE TTTTT^nTTH ANJOU VIN TAMA IT AI SAMOA VAN 14/3 22/3 m 24/3 FORTNIANK VMS Spore ty
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  • Page 22 Advertisements
    • 795 22 K —KAWASAKI KISEN KAISHA, LTD. 1 USA CANADA wumetain (Round Tho World lorvlco) 0. MINISTER V2t SPORE LB 14 Jan 7 Fab CHIS 17 Fab NFK 19 F«b NY 21 Fab HFX 25 Fab FIEDCR VSL SP PK PN SP RAGNAVS 14 JAN 15 JAN It JAN U JAN S.S
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    • 400 22 VAAL vast S.A. VAAL ItaC NEOLLOYD COLOMBO 2B2CG HIM (Mrad l» Mn P.EJb C.T« SB I S P.EIIi C.Tmni Durtan I Span SW Sid Std I ISA In Port 14/1 17/1 J JAR DINE SHIPPING AGEN 200 CANTONMENT MAO #124 22M011 TELEX NO: to 2*17 TERMINAL/CFS TtL *****18-220 BOOKINGS T«L
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    • 455 22 AUSTRALIA EXPRESS CONTAINER SERVICE Aoceptong FCUFCL rmMahißiß fmtm imt r»«« mm s** utmkum a Jaa iUISMUFtt AM/ara "RAMOAS" W7 9 F«t nFA 5M* 3Mv MaVßra Bl> j. i.l LI/' i .h 4'F'Tf-j di tmCUffM V.M MCVIC WISTARIA V.C-1 CNANMOAS VJM CALABAR VJB KABNNAS VJ2H ESTtCUffER Vil •AMOAJ V 77X IN
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    • 572 22 GOLDEN LINE GUM GUM) SHPPMG (fit) LTD aMtf* SM Mum IIM lEL UUM (M IMS) STRAITS/PERSIAN GULF SERVICE: s*w pjwhi Pm DEN HARVEST Cotaite/KaradH/DgbM/KuMit 2Dm J* OEM HAVEN CaloaitaVKaraebi/MiiKat/Ma l/tt Fab CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S REPUBLIC OF CHINA TO. tap to Otat «tt attar)* L 2" "J*
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    • 404 22 INTRASEA (PTE) LTD 10 Anso* Rod<"l ®27 If> InterP Stngapore 020 7 Te' *****11 HO L-n^s' BREAKBULK SERVICE TO EUROPE/UK N.V IMPORTER I fpn P. Katani LaMag <vtm an sti/rot/ant/uroiuu) g J t^77fT I •a PHIIIJRON SHIPPING AM NCIES PJI I ID PHI 11 ORIf N! I IMS PJF iIP
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  • Page 23 Advertisements
    • 758 23 TSm Sport NCTTUNC AGENCIES PTE. LTD. wN* mt» tmw cn wokings vmsn vmn mwn uua m omcct likes mumi NEPTUNE ORIENT LINES LTD S NEPLINE SON. MO. «M 7 NEPLINE SON. BHD. mm NEPLINE SON. BHD. am* NEPLINE SON. BHD. aMM Fl £U/AUST TPA/SEA znm man vtso vmu vmn 27MUI
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    • 370 23 DO»»*M HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG BUSAN INCHON u C' D VtSiei t RMM J POTI r.MUM No. 9 Donam/CION In Pt 14/1 Ine Bum 25/1 Eattarn Gloryffll 15/1 UJI (Ofl-Mre al rpa*>- No. C DonaotfOlN 20/1 22/1 U No. Donam/701N 30H 2/2
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    • 607 23 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. RELANC PENANG M/S SHARIKAT WAN SOON SON. MO. IST ANO 2ND FLOOR, MESSRS HAI THONG SNIPPING
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  • Page 24 Advertisements
    • 360 24 (6® REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL PIYA BHUM SEA DRAGON JENLINK PIYA BHUM SIRI BHUM SEA DRAGON MYA BHUM PtYA BHUM 111"", BumnLlii'J lETB ETuSI CS?Si TO SOUTH THAILAND U.Y.I RAT ANA BHUM RATANA BHUM TO P.KELANG PENANG (2 SAILINGS A WEEK) rr^r-Bi BENGAL RAY
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    • 25 24 FRECON AGENCIES (S) PTE LTD LVi ha I i; m ETA 16/1/17 HUANGPU, FUZHOU, SHEKOU, GUANGZHOU ETA 17/1/17 LAGOS. PORT HARCOURT COTONOU CONTACT: *****77 *****33
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    • 31 24 REGULAR SERVI JSEL ETA SAILING ROTATION N 18/1 SABAH/MADR AS/CALCUTTA GHNA 30/1 MADRAS/BOMBAY NGOTRI 10/2 MADRAS/BOMBAY GENERAL INTERNAVE AGENCIES PTE LTD AGENTS: #22-09 INTERNATIONAL PLAZA SPORE 0207 TEL: *****00 TLX: *****
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  • Page 24 Miscellaneous
    • 158 24 r t Regional WitHur 4 Vi li >1 si in* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MOONING *c cT w W»id <ftr«<tion «,rh tp««d «i knod Wav* height LEGf NO R Thund*»,orm T.mpwotur. •<. A\ y Show#r W»>d (V»c*»on with tp««d tn knots Ran U Cloudy Sky
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  • Page 25 Advertisements
    • 300 25 Hamburg West Germany Tiger Line Common Carrier Feeder Services SINGAPORE INDIA Agents: C.F. Sharp Company Pte. Ltd. Telephone: 220 1422 Telex: RS ***** gg J] Handling System CoSdn Bhd. K Lumpur TEL: 03-2M3475/6 TEX: MA***** HSKUL S'por* TEL: *****60 TLX: RS 221 M NO TRANS H S CONVENTIONAL SERVICE H
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    • 160 25 INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MIA ***** ACCEPTING CARGOES FOR THE POLLOWING PORTS ESPRIT SHIPPING PTE LTD TEL *****00 TLX R*****7 FAX *****68 SPORE LOADING FOR TOLIA 23/1 WEST AFRICA ZISK PTE LTD VESSEL ETA LOADING FOR WORLD SANPO BLT. 13 HI FEB Calcutta TBN 10 FEB Hod«idah/J«ddah
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    • 326 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KV TON NIL itc-m UV AZALEA ITC-002 KK SaiM 17/1 T|. Kam S'POKC In Pt 5/2 SINGAPORE POUT KELANG KOTA KINABALU Tt HANI CAUCO SNIPPING PTE LTD T Tb. M SUI CALICO FAX: 2M871 PERKAPALAN UTAMA SON BHD t* tmmn
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    • 205 25 CNC LINES WEEKLY FCL LCL CONTAINER SERVICE S'POftE BKK HKC KAO KEE KOB HOJ BUS KUO hsiunc vm m m m nn 2/2 m w w TAO YUAN 701 210 2*l 5/2 *2 «/2 12/2 13/2 14/2 KUO LUNC V7Ol 4/2 J/2 13/2 IS/2 17/2 21/2 22/2 23/2 YE LAN
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    • 231 25 tl.M'i -Ml IVLUMAIIiMiUAi TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P.KEIAKC PENANG PALEMANGIELANAM TIMBER GLORY V-B Sailed 31/12 G SELATAN Vll V-SB IS/1 11/1 M/l G. SELATAN VI V-Sl M/l »/l 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON
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  • Page 26 Advertisements
    • 452 26 Ots FME-LMER SNIPPING PTE LTD TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL ft CONVENTIONAL MIDDLE EAST SERVICE 2*l, 31/1. 9/2, DUBAI, BAHRAIN. MUSCAT, DOHA. DANMAN, 12/2. 23/2 KUWAIT, ABU DHABI HONGKONG/CHINA SERVICE 15/1, 19/1, 1/2, XINGANG. BEIJING, TIANJIN, SHEKOU, 7/5. 14/2. 21/2 SHANGHAI. GUANGZHOU. WHAMPOA 20a. 27a
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    • 456 26 NEAP SENG TRADING ft SNIPPING PTE LTD •001 BEACH ROAD #19-01 GOLDEN MILE TOWER SMQAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HEAPCO uqiiuei i w Mk'i.iij PKLANC IS JAN JAN VOY NO V&SB7 VSJU7 VS32S7 V ***** VSM7 VSJSI7 SPORE 14 JAN II JAN VESSEL ANSON
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    • 604 26 C.V. UNE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S'pere LaManra Mm Fmmm M'kurf Irw Antwerp ORIENTAL CHIIf VSJW lffl 2/2 1/2 4/2 7/2 l/l 1W KOREAN J ACL) IN VJ7» 21/1 V IV W IID W NEPTUNE CRYSTAL
      604 words
    • 817 26 Everett Lines/ 17/11 Jan 3/4 FA 1100 F* JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR HONGKONG*. YOKOHAMA, KOBE. NAGOYA, MOJI* AND OTHER JAPAN PORTS' AISO ACCEPTING CARGOES TO PUSAN* COMPANIA PERUANA DE VAPOREES (C.P.V.) J "PERUVIAN STATE LINE" wL LMdww to Cdbo. Mater**. to and ft ottr Panwn porn wtt trwufco—*
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    • 204 26 Z I M FEEOtt IS'PORE VSL A. VESSEL 15.1J7 A. VESSEL \IJB IZM TOKYO A. VESSEL IXC7 ZM KEELUM A. VESSEL 14.2J7 ZW KELLUMC ZM AU3TMUA ***** UUB tUJO MX \IX TUX VIX SJJ7 I tux UX UJX lI'B 1 ACCEfTIIW CAMP TO AfIEiAIDE WA MEJOUME AW ALSO Fa TO
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