The Business Times, 6 December 1985
1985-12-06
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
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Title Section12 1985-12-06 1 BUSINESS TIMES M.C. (P) No. 99/1/85 FRIDAY, DECEMBER f, 1385 75 CENTS12 words
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Article, Illustration929 1985-12-06 1 AMY CHEOK - Evidence of an easing of selling pressure towards the close By AMY CHEOK SHARE PRICES CRASHED yesterday in the steepest fall ever recorded in the history of the Singapore stock market, but there was evidence of selling pressure easing off towards the close of business. The929 words
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Article129 1985-12-06 1 THE FOREX MARKET was quiet yesterday. The Singapore dollar opened at 2.1275-95, slightly off from the previous day's close of 2.1300-10. Some selling pressure came from offshore and foreign banks, which pushed the rate up to 2.1330-60. However, dealers said the market was very thin and129 words
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444 1985-12-06 1 THE PLUNGE in the Kuala Lumpur Stock Exchange has been caused by "a Singapore problem", Malaysian Finance Minister Daim Zainuddin said in an obvious reference to the placing of Pan-Electric Industries under receivership. The unfortunate impact on the Malaysian stock exchange had444 words
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305 1985-12-06 1 STOCKBROKING FIRM Associated Asian Securities (Pte) Ltd (AAS) yesterday voluntarily suspended itself from trading on the Stock Exchange of Singapore. The firm's dealers and remisier were notified that with immediate effect they were not to do any trading either to buy, sell or even execute contra305 words
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Article, Illustration475 1985-12-06 1 BRIAN GOMEZ - By BRIAN GOMEZ THE MALAYSIAN Chinese business community is underwriting beleaguered politicianbusinessman Tan Koon Swan's efforts to ease himself out of an active corporate role so he can concentrate on politics. Unico Holdings Bhd, an investment company controlled by the Associated Chinese475 words
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Page 1 Advertisements
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Advertisement151 1985-12-06 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Pork Rib Special v' A •> J Another Specialty only from Dragon City. SMHHH Discover some of the finest Sichuan and seafood dishes at Dragon City, ■j"* Experience the warm and attentive B service, so reminiscent of traditional W Chinese hospitality and respect. Amidst151 words
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Advertisement279 1985-12-06 1 Mora market reports, Pages 15 and 16 Asian stocks, Page 13 International stocks, page 12 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTER OUR VIEW THE DEVELOPMENT OF new markets is o Herculean task. Local exporters need plenty of financial and fiscal incentives from the government. So far, the government has279 words
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Advertisement41 1985-12-06 1 E2WESER Thumb-nail sketches of 8-num supervisory committee, Page 16 Forward contracts and how they work. Page 16 Riee and fall of Pan-El, Page 17 More Pan-El subsidiaries under receivership, Page 17 Letter, Page 10 Selco operations stalled, Shipping Timee Page I41 words
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Advertisement129 1985-12-06 1 i ii MINOLTA EP3SOZ Shipping Times comes es a separate section today. Make sure you get your copy. st ii You pay less < asa 1 "First-Home Owner" Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now. if you're buying your first private home,129 words
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HOME NEWS
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492 1985-12-06 2 BOEY KIT YIN - By BOEY KIT YIN THE FURNITURE INDUSTRY made its first major breakthrough in the tightly-closed Japanese market last week when three local companies received about $280,000 worth of trial orders. Two more companies are actively negotiating orders worth $300,000 as a result of a week's492 words
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220 1985-12-06 2 REPRESENTATIVES of eight electronics companies will visit India from Dec 6 to 19 to build up business relations with the Indians. The mission is Jointly organised by the Indian High Commission in Singapore, the Indian Overseas Bank and the Trade Development Board.220 words
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Article48 1985-12-06 2 DR TONY TAN, the Minister for Trade and Industry, will be the guest-of-honour at the second annual tourism industry ball today at the Neptune Theatre Res- taurant. Attending the function will be some 1,300 top and middle management representatives from various sectors of the industry.48 words
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Article49 1985-12-06 2 THE AMERICAN Library Resource Center will close for one month starting tomorrow for renovation and inventory taking. It will reopen on Jan 6 next year. All library services, reference and student counseling services and book loans will be unavailable to library members during this period.49 words
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179 1985-12-06 2 THE VOCATIONAL and Industrial Training Board will give priority to secondary four normal stream (S4N) school-leavers in its January intake next year. For the first time next year, there will be a group of secondary five normal stream (SSN) school-leavers179 words
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305 1985-12-06 2 THERE ARE STILL markets for expensive products and services, as long as quality and technological innovations are assured, and this is the case in Finland. Mr Seppo Lindblom, the Finnish Minister for Trade and Industry, said his country was expanding in305 words
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150 1985-12-06 2 THE SETTING of ILO labour standards should take into account the social and economic conditions of different countries. Mr Eugene Yap, the senior parliamentary secretary (Labour A Environment), said yesterday that it would be unrealistic for the ILO to set standards which can150 words
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Article, Illustration228 1985-12-06 2 MacRITCHIE RESERVOIR Park will be getting a $900,000 facelift which will be completed by April. The Public Utilities Board plans to make it a more attractive and scenic park with its own distinctive character and identity. A special feature of the 12hectare park's redevelopment will228 words
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Article, Illustration421 1985-12-06 3 BOEY KIT YIN - By BOEY KIT YIN A WORLD LEADING systems control group is to strengthen its operations in Singapore with the setting-up of an engineering centre to provide services and support for its regional customers. Mr S Yokogawa, the president of Yokogawa Hokushin Electric421 words
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Article317 1985-12-06 3 A FEW VALIANT BIDS failed to result in any sales at a property auction yesterday. Bidding was lethargic and even small increases of $5,000 in the bidding soon put off those potential buyers who seemed at first to be keen on certain properties. The auction317 words
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357 1985-12-06 3 LUCY NG - By LUCY NG THE TRADE UNION movement has gone "high-tech" in its latest membership drive. Technicians and skilled workers in the new and hightechnology industries have been identified as the main target in the drive for members, the National Trades Union Congress (NTUC) announced357 words
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335 1985-12-06 3 THERE ARE WAYS to ensure the reliability of a plant process control system without having to spend too much. For instance, fault tolerance techniques could be applied instead of having more costly fault avoidance features, said two officials of Yokogawa Corporation335 words
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Article239 1985-12-06 3 THE PUBLIC WORKS Department recently awarded (our road-improvement contracts worth a total of $4 million. Of these, the biggest is a contract for the raising and maintenance of the stretch of Braddell Road between Braddell Hill and Bishan Road. In all, 21 contractors vied for239 words
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Page 2 Advertisements
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Advertisement77 1985-12-06 2 Royal circa 190S <* II ■C I Lady Hamilton circa 1920 \v Pope circa 1920 V The Ultimate Bohemia crystal The Pope set, Decanter 111 $208, Dessertwine glass $38 The Hamilton Liqueur Decanter 111 $196, Liqueur Glass $23 The Royal, Decanter 111 $173, Dessertwine gl.iss $26 (with gold rims) Available77 words
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Advertisement136 1985-12-06 2 NIGHTLY CONCERTS AT LE VENDOME -r i: LOUNGE ,Y 'S r r ..v y At Le Vendome Lounge where music always sets the mood for a totally relaxed evening, you will hear the beautiful strains of string instruments impeccably rendered by a 7-piece string ensemble. The Grand Ensemble now performs136 words
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Page 3 Advertisements
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Advertisement133 1985-12-06 3 Air freight is faster Our coverage is better In BT every Friday. A\R HEIGHT ibu think him worth flattering George Bernard Shaw Royal Salute. The ultimate form of flattery. The ultimate gift. After all, what really flatters a man is that you think him worth flattering 4r > m i133 words
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OVERSEAS
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443 1985-12-06 4 AFP, AP US TRADE Representative Clayton Yeutter said yesterday that a veto message outlining President Reagan's opposition to a Congressional Bill calling (or textile and shoe import curbs was already being prepared. The Bill was approved on Wednesday by 255 votes toAFP,; AP - 443 words
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198 1985-12-06 4 Reuter PRESIDENT REAGAN had told Soviet Leader Mikhail Gorbachev at their Geneva summit that they would join forces quickly and forget their differences if aliens attacked earth from another planet. Mr Reagan reached into the realm of science fiction in an off-the-cuff remarkReuter - 198 words
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Article, Illustration290 1985-12-06 4 Reuter US NAVY Vice-Admiral John Poindexter, chosen on Wednesday by President Reagan to be his key foreign policy aide, is as familiar with politics as he is with naval strategy, according to those who know him. Mr Poindexter, 49, replaces Robert McFarlane, his former boss, asReuter - 290 words
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Article136 1985-12-06 4 NEW ORDERS for US manufactured goods fell 1.1 per cent In October, underlining general impressions that the health of the American economy remains fragile. Orders have dropped in three of the past four months as US industry struggles against competition from imports at home and a136 words
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Article780 1985-12-06 4 ARRIVALS Operator Service number Local time From RBA MAS MAS MAS MAS StA AC ***** MH681 MH603 MH67I MH81I SQI03 AC858 0300 0820 0905 0935 0940 1005 1020 BWN KUL KUL KUL PEN KUL YYZ/LHR/BOM MAS CPA RBA GIA SIA SIA THAI SIA MAS GIA MAS SIA780 words
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294 1985-12-06 5 Fly-by-night operations to go next year AP, UPI CHINA WILL REVOKE the licences of all "brief-case companies", enterprises which deal in speculation or other illegitimate operations, a senior Chinese official has said. Ren Zhonglin, the director of the State Administration for Industry andAP,; UPI - 294 words
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112 1985-12-06 5 AFP A SENIOR CHINESE Communist Party official has complained that people in southern China are «"ring special antennae to watch Hongkong television programmes. According to politburo member Hu Qiaomu, the phenomenon is "startling", and "shows that some people in coastal areas have been seized withAFP - 112 words
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222 1985-12-06 5 AFP CHINA AND THE US traded US$5.B billion worth of goods in the first nine months of this year, 26 per cent more than in the same period last year. Bilateral trade for this year is certain to set a newAFP - 222 words
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Article268 1985-12-06 5 AP IGNORING US pressure and domestic criticism, President Ferdinand Marcos is adamant in retaining General Fabian Ver for an indefinite period as the Armed Forces Chief of Staff to overhaul the 250,000«trong military. Ver, shortly after his acquittal of murder charges in the assassination ofAP - 268 words
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Article83 1985-12-06 5 AFP PHILIPPINE opposition leader Salvador Laurel yesterday said that he and fellow presidential aspirant Corazon Aquino had come to an agreement on the planned Feb 7 election and would m*ir» a Joint announcement on Sunday. Mr Laurel said that he and Mrs Aquino reached an agreement inAFP - 83 words
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424 1985-12-06 6 OIL MINISTERS of the 13 Opec nations are converging on Geneva in another attempt to resolve the contentious problems of production and pricing that continue to fuel talk of a possible price war. Individual production quotas, as well as the cartel's overall424 words
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150 1985-12-06 6 Bernama ALL BIDS FOR construction and supply contracts for Malaysian government bodies will be made under an open tender system to enable more registered contractors to bid for jobs. Acting Information Minister Datuk Haji Abu Hassan Omar said that the decision wasBernama - 150 words
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107 1985-12-06 6 Bernama IBRAHIM MAHMUD alias Ibrahim Libya was never a member of the Malaysian Islamic Youth Movement (Abim), a spokesman of the organisation said yesterday. He said Abim had checked its list of past and present members and had confirmed that Ibrahim had neverBernama - 107 words
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205 1985-12-06 6 AFP FOREIGN INVESTMENT in Taiwan's three export processing zones totalled only U5522.3 million in the first 10 months of this year, little more than half the 1964 figure. Mr Yu Kuang-ya, the director of the Export Processing Zone Administration, yesterday said theAFP - 205 words
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Article65 1985-12-06 6 Reuter PRIME MINISTER Rajiv Gandhi said he would discuss new Tamil proposals for a settlement of Sri Lanka's ethnic crisis when he met President Julius Jayewardene in Dhaka this week. He said on Wednesday that he was studying a new set of "comprehensive proposals" put forward byReuter - 65 words
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Page 4 Advertisements
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Advertisement273 1985-12-06 4 rwvv L_ l: VOLVO 240 GL The Deah Rather than offer you a loan that only your accountant could evaluate, or a warranty that only your lawyer could comprehend, or a service contract you'd need your bookkeeper to track we'll give you immediate benefits through straightforward savings on a Volvo273 words
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Advertisement56 1985-12-06 4 Ran Am Clipper Class. Few The Price Of An Economy Ticket. v V. f t All-Girl Korean Bond THE FESTIVAL 7 00pm 2.00am Live-Band Music Non-Stop Dancing Charming Hostesse Gracious Service -7 OOP 0\s° 7O 0 0 "jlOf'f'icc \itc-llub LouiiiH' -+-> 1 Claymore Drive «02 11 Orchard t.twp- iRea r56 words
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Page 5 Advertisements
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Advertisement226 1985-12-06 5 On the smooth interplay of the Swissair destinations in the Far East. Beijing Tokyo Karachi Hong Kong Bombay /v Manila Bangkok! Colombo Singapore Jakarta To realize that Swissair is not merely an airline for Europe but an airline in the Far East, you have to trace the individual routes in226 words
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Advertisement131 1985-12-06 5 "V? 4 J\ f■• »V yr >* d. RIS H*3 j >~ T- 1 l> ,fl 1 fe«K eSV eft' E9s2vß» 1 Mi S;a< ■fei r *V Kfe. "US .•v MNn and professional seivice Our Christmas collection, crafted in 18k gold and set with diamonds and precious gems of the131 words
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Page 6 Advertisements
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Advertisement547 1985-12-06 6 Japan reaches out to the world For two decades Japan has been buffeting the world with exports from its shores. But it has kept a low profile in world affairs. Now this is changing. Our new survey examines Japan's growing international importance as it becomes increasingly involved in other countries.547 words
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Page 6 Miscellaneous
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Miscellaneous47 1985-12-06 6 Doonesbury M I m. r JL r J THATM&W* WHAT PO WU LOOKPfFFER- WUMT BNT! POteSOMtTHIN3U/ITH dukeZ YOUR HAIR* I m m t < fs&m BY GARRY TRUDEAU mi.rtesoMßMP NEWS, SOU. THE NEHJ H&WNGOIL&LLCAME yjumt IN.UHGONGIOHWB VfWSBROOMANP xm?w*wooAm. m f3J^- 3 m m m 3LT3 PSN n md47 words
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AIR CARGO
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Article217 1985-12-06 7 ARRIVALS DEPARTURES Operator Flight Local From Operator Flight Local For tHTM number time FRIDAY FT FT71 0110 JFK/ORD NW NW906 1035 HKG/NRT/ ANC/NRT LAX/SFO MNL/TPE KAL KE697 0200 BKK/ FT FT71 2355 JFK/ORD (SEL) ANC/NRT KAL KE698 0200 BKK/ TPE (SEL) JAL JL6I5 0945 KUL FT FT76 0250217 words
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245 1985-12-06 7 KINGSLEY WOOD - By KINGSLEY WOOD AFTER A LONG PERIOD of uncertainty the Perth-based Transcorp Airways is ready to begin a weekly air freight service to Brunei and South-east Asia. State Transport Minister Julian Grill said in Perth that Qantas had been operating a weekly Perth-Brunei freighter245 words
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127 1985-12-06 7 FLYING TIGERS has appointed a general sales agent in Sri Lanka to enable the air cargo airline to expand its worldwide network to that country. Allied Airline Agencies will provide shippers throughout Sri Lanka with direct access to Flying Tigers sales and127 words
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Article, Illustration489 1985-12-06 7 LIM SOON NEO - By LIM SOON NEO THE NEED for direct cargo and passenger links between Singapore and two Scandinavian countries Finland and Sweden is being met with two new services. Finnair, the national carrier of Finland, started a weekly service from Helsinki to489 words
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Article345 1985-12-06 7 SHAHRIR ARIFF - By SHAHRIR ARIFF SINGAPORE AIR CARGO agents may soon be given special areas within the cargo complex in Changi for their containers. The Civil Aviation Authority of Singapore (CAAS) is now considering a request by the Singapore Aircargo Agents Association (SAAA) for space for345 words
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Article87 1985-12-06 7 MALAGA (Spain) has become the 100 th Swissair destination to be added to the airline's worldwide computerised cargo facility known as Carido. Carido, which stands for "Cargo Reservation, Information and Documentation Handling System" came into existence in 1975. The system connects all the airline's major cargo87 words
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Page 7 Advertisements
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Advertisement189 1985-12-06 7 How to make the economic recession more palatable. i"'".... >&m" flf ""t V 94 lO° &A t "JW** *k Ev >**• 'J, v-•U v < 4'- i„ v 1 1 -v IHt m *<■ I v- V Vj nil 11 J Just because business hasn't been too good this year,189 words
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BANKING AND FINANCE
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Article, Illustration371 1985-12-06 8 DAVID GABRIEL - By DAVID GABRIEL FROM BUYING and selling currencies on the Singapore International Monetary Exchange (Simex), an individual trader has switched to "selling" the exchange itself. Mr Teo Lep Quee, a local on the Simex trading floor since the exchange opened in July last year, has371 words
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126 1985-12-06 8 UPI MAJOR CENTRAL BANKS spent more than US$lO billion to bring down the US dollar after the agreement between the Group of Five industrial countries to lower its value, the Federal Reserve Bank of New York said on Wednesday. The US bought $3.2 billion ofUPI - 126 words
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Article861 1985-12-06 8 SINGAPORE The US dollar closed marginally higher yesterday against most major currencies in thin trading, helped by interbank position adjustments. The currency finished a shade firmer at 2.5180/90 marks compared with New York's 2.5150/60 close, at 2.0955/70 Swiss francs against 2.0925/45 and at 202.65/75 yen against 202.40/50. Sterling861 words
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Article279 1985-12-06 8 HONGKONG: The metal closed higher yesterday after fluctuating in line with the US currency's movements. However, trading was mainly quiet and limited to local interest, dealers said. The bullion price settied at U*****.90/323.20 an ounce against an initial $323.00/40 and was above New York's $321.70/1322.20 close. On the local279 words
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Article95 1985-12-06 8 THE OVERNIGHT rate on the Singapore interbank money market fell by 1H point from Wednesday to close at 2Vi per cent yesterday. The one, two and threemonth term rates rose by 1/16 point each across the board. S$ Interbank rates at 3pm yesterday: OH*f Bid Over rught 295 words
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Article239 1985-12-06 8 Interbank rotes at 3pm yesterday: •id Otter Cf ctwnfo Local dollar* to on* unit of foreign US dolor 2 1245 2 1255 ***** -2465 Sterling pound 3 1570 3 1606 7 3469 -57 03 Austrahon dolor 1 4478 1 4506 3 4286 -57 77 NZ dolor 1 2024239 words
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Article399 1985-12-06 8 BA Futures EURODOLLAR futures on the Simex yesterday opened firm and at the highs of CME's Wednesday closing on post futures gains in the US bond market. The March contract opened at 91.89 but was well resisted at the 91.90 level in spite of the easing of interbank interestBA Futures - 399 words
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Article, Illustration374 1985-12-06 8 Asian market ASIAN dollar deposit rates closed steady to slightly lower yesterday compared with Wednesday's levels, in quiet trading. Some Jealers said a high US federal funds helped some rates to maintain its steady tone while the US Federal Reserve's addition of temporary reserves via overnight system repurchase agreements caused374 words
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Page 8 Advertisements
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Advertisement182 1985-12-06 8 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 the 14-carat gold nib and the gold-plated fittings. The MEISTERSTUCK is182 words
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Page 9 Advertisements
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Advertisement804 1985-12-06 9 At last, Siraapore's avacancy CLIENT LIST Airconditioning Airline Automobiles Bank Brandy Charge Card Clothing Eleetrical Goods Food Forces Recruitment Furniture Hair Products Holiday Travel Leisure Wear Petroleum Products Pharmaceuticals Photographic Property Publishing Soap Soft Drinks Stout Toys Watches Writing Instruments Carrier Air Canada BMW POSB Hennessy American Express Ermenegildo Zegna804 words
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FEATURES
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Article441 1985-12-06 10 THE PROTECTIONIST lobbies in the US, the world's largest market, are growing in strength by the day. European markets are becoming more difficult to penetrate as their currencies weaken against the Singapore dollar and as unemployment continues to be the number one problem. Japanese tariff and441 words
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Article1252 1985-12-06 10 FLORENCE CHONG - Market conditions have changed considerably since 16 banks were given the green light nine months ago to operate in Australia. In a report from Sydney, FLORENCE CHONG says that some of them might even be tempted not to utilise the licence, at least not1,252 words
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Article159 1985-12-06 10 Donald Sinclair - Letter to the Editor Donald Sinclair Dear Sir, In January 1964, the old Japanese security company Yamaichi Securities Company was found to have grossly overtraded in the share market and was collapsing. The Japanese government suspended trading by the brokers and rushed through emergency legislation by159 words
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Page 10 Advertisements
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Advertisement94 1985-12-06 10 RANK XEROX Introducing an unbeatable combination! You with Xerox products and people. That's Team Xerox, working together to improve your office output and cost efficiency. Team Xerox products including copiers, duplicators, electronic typewriters, electronic printing and fax machines combine to give you a complete office system. Team Xerox people give94 words
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Page 10 Miscellaneous
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Miscellaneous650 1985-12-06 10 CRYPTIC PUZZLE ACROSS 4 Beat mother less than sternly (6) 7 Russ Abbot's place? (8) 8 Lissom as some timbers (6) 10 Early form of race? (5) 13 Invitation to keep company with me (4) 14 Powder hospital cases need (4) 15 Modien nome (4) 16 Female from Southend (3)650 words
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SPORTS
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Article348 1985-12-06 11 WALTON MORAIS - By WALTON MORAIS JACKY ICKX, fresh from his triumph in the final leg of the World Endurance Championship at Shah Alam last week, hits the road again and joins the Rothmans Porsche team for the Par-is-Dakar rally beginning on New Year's Day. The six-time Le Mans348 words
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Article311 1985-12-06 11 AP Defending champion Chris Evert Lloyd of the US scored a controversial 6-1, 7-6 (8-6) triumph over fifth seeded West German Claudia Kohde-Kilsch yesterday to advance to the women's singles final of the US$l.5 million Australian Open tennis championships. Evert Lloyd appeared to have lostAP - 311 words
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Article181 1985-12-06 11 AP PRINCESS DIANA on Wednesday unveiled "Crusader," the first of two British yachts that will challenge for the 1987 America's Cup. Team officials vowed to win the sport's most coveted trophy for the first time. "I name this yacht Crusader. God bless her, and all whoAP - 181 words
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136 1985-12-06 11 AFP THE LURE of prizes totalling US$l million has strongest ever field to challenge in Sun City in spite of the social unrest elsewhere in South Africa. One or two violent incidents have been reported in the surrounding district of Bophuthatswana, but Spain's SeverianoAFP - 136 words
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Page 11 Advertisements
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Advertisement110 1985-12-06 11 RANK XEROX Team Xerox input improves your office output. V i r •y^y. I m m Between the input and the output there has to be a connection! At Xerox we call it teamwork. Teamwork begins with our people working with you to take full advantage of Xerox technology. Whether110 words
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Page 11 Miscellaneous
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Miscellaneous1104 1985-12-06 11 TO rni) mm FRIDAY NIGHT MOVIE An American Werewolf in London 10.30 pm, Channel 5 Written and directed by John Landis, known for his ability to mix outrageous comedy, horror and drama together in the same movie with surprising results. Two young Americans arrive in London for a walking tour1,104 words
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Miscellaneous15 1985-12-06 11 RankXhctoe s yum turn! svrntJG guv p J I FRVOURITe... *2 S#/j AmU EBgl ILmSpw15 words
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INTERNATIONAL STOCKS
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539 1985-12-06 12 Reuter THE SALE of West Germany's largest private Industrial conglomerate Flick to the nation's most powerful bank brings the curtain down on one of the most controversial business empires in 20th century West Germany. Deutsche Bank announced on Tuesday that it would takeReuter - 539 words
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332 1985-12-06 12 Reuter THE NEW YORK stock market on Wednesday smashed through the record level reached one week ago and finished with Indicators at all-time highs. The rally was fuelled by portfolio managers aiming to be "fully invested by the end of the year", saidReuter - 332 words
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Article130 1985-12-06 12 DCC 04 C$ rr*> Oi 54* Abttto IS fcico Hi i I I I DbkA 18 44* 37* ♦1* Int Uts 18* Algomo 20* Kan Add 15* Argom HWgI LoWow B 21* 34 V* 3* I4H Mc BkxM 20* 1 42« 20* BP Can Ltd 34 Moor* Cp 28*130 words
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Article242 1985-12-06 12 DCC 04 Umi MOUSTMALS URMC Wootworfh 600 1275 ■S A Alpha 950 ISS -7 HMCJ 39M AE And O 940 inch AngKoat *****6 unch Amaprop A/WC 3230 unch ggf 1730 30 200 Boriows 1400 40 1000 15 C G Smith 2300 •75 Com CNA 208 unch 1240 15 k*242 words
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Article689 1985-12-06 12 DCC 04 us$ Ale an Altmn 27* 1 AJcoo 37* 1H A6o*>ony Lud 20* ABod Cham Cp ABod StOTO» 46 66 Afc-Chafrnor* 3* Am Brands Inc 61* unch Am Broodcast 120* Am Can Co 61* Am Cyanamid SB* Am Etac Pwr 23* Am Exprm 30 1* Am Horn*689 words
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Article775 1985-12-06 12 Amsterdam DCC 04 FW AflN 535 00 ts Aagon 110 70 12 AhoM 74 70 1 2 Akzo 136 1 3 AM£V 78 80 4-26 Amto» 96 40 02 3900 04 Bob Borvjrr* 471 00 3 Botkofe Bur Tet ***** 1 7 Cotand 510 00 -3 CM M«775 words
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Article89 1985-12-06 12 Reuter THE LONDON Stock Exchange has set up a committee to consider what changes might be needed to the structure and organisation of its ruling council. LSE chairman Nicholas Goodiaon said the committee had been asked to bear in mind (actors such as the proposal toReuter - 89 words
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Page 12 Advertisements
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Advertisement513 1985-12-06 12 WMet t© wine, dine and eaierfala o**4B faUnkal Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8,504+ FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel 533 3888 Your513 words
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Advertisement134 1985-12-06 12 London stocks, Back Pago Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Savoury Hours: 5 7 pm daily. Getting to know the Perfect Combination, our new Filipino group. Free curry puffs plus 1 free drink for every 2. CRQWn ®Ffif}£E HOTEL Continuing134 words
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ASIAN STOCKS
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Article396 1985-12-06 13 HONGKONG: Share prices closed mainly unchanged yesterday on mixed market sentiment. Sharp falls on the Singapore and Kuala Lumpur stock exchanges when they resumed trading in the morning influenced feeling in Hongkong. But confidence was restored because stocks in those two markets eased by around 10 per cent instead396 words
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Article220 1985-12-06 13 DCC OS Al Sex: ere Indus NT 1 96 008 Lien Hwa Indus Nan Yo Plas 12 65 28 20 15 30 666 "•°S! Ana Cement 21 70 26 90 unch -03 Pacific Elect Wee 1300 -0 1 Chang Hwa Bank 4360 18 00 unch -02 1400 -02 19220 words
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Article494 1985-12-06 13 TOKYO: Shares rose in moderately active trading, led by blue-chip electronics issues which gained because of the record high close on Wall Street, brokers said. The market average climbed 52.91 to close at 12,864.11, after rising 36.65 on Wednesday. Turnover was 320 million shares against 290 million on Wednesday.494 words
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Article73 1985-12-06 13 DEC 05 Martfeet Oriental B 0014 unch Acotc Mjmrvg Phrfe* B ***** unch Apex Mma B 0 0095 unch Ptcop B Altai Con B 10 unch Podco B Bogmo Gold Bcruc Petroleum Benguet Con B CDCP 0 001 ***** 90 unch unch unch Pogei San Miguel B Seatront Same73 words
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Article401 1985-12-06 13 SYDNEY: Share prices closed easer in quiet trade with resource issue leading the market lower. Brokers said the market was disappointed by the failure of Robert Holmes a Court to make clear his long-term intentions towards BHP at Bell Resource's annual meeting on Wednesday. The All Ordinaries Index eased401 words
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Article76 1985-12-06 13 D€C 05 Wan 740 -10 Hyundai Const Hyundai Motor KAL 910 1590 552 7 70 705 753 Commercial Bk. 753 567 -2 -8 Yukong 1560 408 70 •8 580 5 779 9 Doewoo Ind Dong Ah Gold Star Hand Bk 1135 555 876 775 228 70 -15 28 -576 words
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197 1985-12-06 13 Reuter THE BELL GROUP'S holding in Broken Hill Pty Co Ltd, BHP, is a major position which has been purchased as a long-term investment. Chairman Robert Holmes a Court said on Wednesday that Bell would seek to influence the future of BHP butReuter - 197 words
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626 1985-12-06 13 Reuter JAPANESE carmakers are raising their prices on vehicles sold in the US. At the same time US manufacturers have again begun offering price-lowering incentives to lure buyers into their dealers' showrooms. Industry experts attributed this divergent pricing policy to the squeezeReuter - 626 words
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260 1985-12-06 13 Reuter EVERGO INDUSTRIAL Enterprise Ltd has withdrawn offers for Chuang's (Holdings) Ltd and its associate, Lambda Technology Ltd, said Citicorp International Ltd as Evergo's financial adviser. Chuang's has in return agreed to purchase from Thomas Lau, an Evergo director, and certain other shareholders a totalReuter - 260 words
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Page 13 Advertisements
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Advertisement99 1985-12-06 13 Slf. 4 '•n,''.>• ja 3 |5 T i ar^ I ir.P The start of an experience so authentic yet unique. m Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA-MANI Continental fare with Singapore flair Our chef has created a selection of new dishes99 words
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Advertisement135 1985-12-06 13 HvN-T-U J S-c tic m *m. V E* Is Aubertu* (ShrtU Selected US Prime Beef Cuts, Continental and Game Specialities in a hunter's lodge setting H u *-MM ■iJ J [H Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00 10% 3% (adult) $12.00 10% 3% (children)135 words
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Advertisement157 1985-12-06 13 24 Hours of gourmet delights Daily Set Lunch (Local/Western) Every Tuesday Thursday (3pm to 6pm) Grand High Tea (with wide selection of snacks) $5.00+ Merlion Buffet Dec 7-15, 21 28 (12pm to 2 30pm) Adult: $14.50" Child $8 50" Exciting Fashion Show plus attractive prizes on Sat SINGAPORE g t_J157 words
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Advertisement224 1985-12-06 13 DELICIOUSLY HYATT Enjoy tlx.* flavours of Malay sia. Catch an exciting glimpse of its culture through songs and dances and enjoy tlx* delicious f»>od prepared by some of tlx? masters of tlx* art of Malaysian cuisine. Come and participate in A TASTE OF MALAYSIA Malaysian food festival 4th floor, Poolside224 words
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Advertisement109 1985-12-06 13 Savoury Delights Await You At IW For reservations call <^ca»wmwiHora/y^ Unch: 11am-3 pm Dinner: 6pm-11pm [l U«*y P<«1» II I +jnmmmisjr_m*T*cr Ample Free Parking 19 Cumhifl Cmie and Valet Service Sinwore 0922 W 734 6622 Outside CBD available during lunch! ORCHARD ROAD 1 !l«i- UiCfcy PSS Eat all that you109 words
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RAW MATERIALS
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Article152 1985-12-06 14 Chinese Produce Exchange (Sellers' noon closing prices on Dec 4 (SJ/100 kg) Coconut oil Bulk FOB 65 00 Old drum FOB 78 00 New drum FOB 82 00 Copra Mixed (loose) 33 buyers Pepper Muntok White FOB NLW 1090 00 Sarawak White FOB faq NLW 1080 00 Sarawak152 words
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Article179 1985-12-06 14 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 2,450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,300 Carded yarn, hank Blue Phoenix 21 's 2,750 Combed yarn, cones Blue Phoenix 32's 4,250 Blue Phoenix 40's 4,450 Open-end yarn179 words
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Article908 1985-12-06 14 COFFEE Robusta futures were around session highs at midday yesterday, £7 to £20 a tonne above Wednesday's close at midday, pushed up by light commission house, trade and jobber buying in reaction to falls on Wednesday on prof-it-taking. In otherwise featureless trading prices were also supported by a908 words
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Article231 1985-12-06 14 Singapore (S$/kilo, ex-godown) Fragrant new crop 1st 074 2nd 0 56 3rd 056 New Crop 25% r>o stock 10% no stock Thai Broken A-super no stock Special 0 46 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled231 words
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Article295 1985-12-06 14 SINGAPORE The market closed steady yesterday with January One RSS buyers quoted at 153.00 cents per kg, unchanged from Wednesday. After opening about 0.25 cent higher, the market hovered narrowly there in dull morning trading on lack of interest. Prices were little changed In thin afternoon trading on continued295 words
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Article18 1985-12-06 14 E KL TIN Closing prKtt on Doc S (MS/kg) w T\ Price Suspended k Turnover (tonnes) Suspended I18 words
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Article328 1985-12-06 14 RAS prices in S cents/kg, FOB in t >oles NOON CLOSE Buyers SeWtn Buyers Int 1 RSS Prompt 151 25 152 25N 150 75 151 75N Int 1 RSS Jon 86 153 50 154 00 153 00 153 50 Int 1 RSS Feb 86 154 75 155328 words
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Article107 1985-12-06 14 (cents/kg, 1-ton toilets) JAN 86 FEB 86 (current month) (forward month) NOON NOON RAS StIWrj Buyers S«lltn SSR 20 149 00 151 OON 149 50 151 SON SSR 50 147 00 149 OON 147 50 149 50N MRELB Buyers Sellers Buyers Sellers SMR CV 207 50 209107 words
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Article185 1985-12-06 14 PRICES on the Malaysian crude palm oil market closed higher yesterday on covering and renewed speculative buying interest, supported by a sharply higher Chicago soyoil futures close and India's presence at its weekly import tender. However, seller reserve in anticipation of further rises limited gains. December deliveries in185 words
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Article229 1985-12-06 14 WHEAT futures on the Chicago Board of Trade rallied on Wednesday to close at the highest levels since last spring in the nearby March, up 3Vi to 1V« US cents per bushel in improved trade. March settled at $3.44 V«, cent off the high of a 6'/i-cent range. Floor229 words
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Article224 1985-12-06 14 SOYBEAN futures on the Chicago Board of Trade closed on or near the highs on Wednesday, up 9V* to 2'/« US cents per bushel in moderate trade. January settled at $5.10 Vi after posting a 6'/«cent range on the day. Prices posted further gains after Tuesday's statement by a224 words
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Page 14 Advertisements
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Advertisement185 1985-12-06 14 X Jpk Diner: With K »jfc And how it all begins... Diners of today, more discerning in taste and definitely calorie-conscious, p With us, discover a Sichuan vegetarian l fare that has become an exquisite full B course Sichuan spread. Out goes the tasteless canned vegetables and pallid mock meat.185 words
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Advertisement505 1985-12-06 14 NOTICES THE COMPANIES ACT, CAP. 1U NOTICE OP RESOLUTION NISSHIN MARINE SERVICE (PRIV ATE) LIMITED (la UqaMattaa) At an Extraordinary General Meeting of Nisshln Marine Service (Private) Limited duly convened and held at 37 Somerset Road, #04-01 Ng Teow Yhee Building, Singapore 0923, on sth December 1985, the following Special505 words
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Advertisement430 1985-12-06 14 THE COMPANIES ACT, CAP. ISS NOTICE OF RESOLUTION DRAGON LIGHTERAGE COMPANY (PRIVATE) LIMITED Uqaitettoa) At an Extraordinary General Meeting of Dragon Lighterage Company (Private) Limited duly convened and held at 37 Somerset Road #04-01 Ng Teow Yhee Building, Singapore 0923, on sth December 1965, the following Special Resolution was duly430 words
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Advertisement452 1985-12-06 14 IN THE MATTES OP THE COMPANIES ACT, CAP. ltt TORRES MARITIME PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of TORRES MARITIME PTE LTD duly convened and held on 28 November 1965 the following special resolution was passed: WINDING UP It was resolved that the company be wound452 words
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Advertisement538 1985-12-06 14 THE COMPANIES ACT, CAP. 1M AND IN THE MATTES OP BAN YOE TRADING PTE LTD (to Creditors' Vctoatery iiidimiß) NOTICE OP BPBCIAL Mjt m, {Pimut to SeettM 2M(2)(b) At an Extraordinary General Meeting of the company held at 9 Penahg Road #12-00, Supreme) House, Singapore 0923 on' the 27 day538 words
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STOCK MARKET
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Article, Illustration4001 1985-12-06 15 INVESTORS could only stand and watch agape as share prices registered their single worst daily (all in the history of the Singapore stock exchange yesterday. Double-digit losses were the order of the day, as sellers Indiscriminately tossed out their shares willy nilly, adding4,001 words
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Article245 1985-12-06 15 SINGAPORE u Rf! Apo*c Fa M Gtaa UMFtow MflMii Faah Hm M DaH Da* tM TDM Kan F Onctan OCK Faffa Cwlii| M flaw* MU Mff BM Hum M (M) MM HM* 060 +006 Ha 230 -112 •90 -110 920 -110 M 210 -090 940 -000 219245 words
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Article3193 1985-12-06 15 BID and otter price» officially listed and bmtmm in and reported to the Stock Exchange at yesterday with the number of shares traded shown in brackets In lots of 1,000 units nwi— otherwise specified. All Time Settlement Contracts are quoted after the word "SETT". Big3,193 words
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920 1985-12-06 16 CHAN OI CHEE - By CHAN OI CHEE THE ROOT OF the financial crisis currently facing the local securities industry is believed to have stemmed from over-trad-ing and lax credit control on the part of many stockbrokers in forward share contracts. These contracts, which are agreements to920 words
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Article, Illustration910 1985-12-06 16 THE FORMATION of a high-powertd aight-man suparvisory committsa to ovaraaa tha socuritios industry, is unprscodontod in Singapore's stock marfcat history. BT givaa a brisf background of aach of tha mam bars of tha watchdog body haadad by MAS managing diractor, Mr J Y Pillay. JOSEPH YUBARAJ910 words
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Article272 1985-12-06 16 1 Monogers' prices MARA-Bumiputra for Dcc 6 First B'putro 481 486 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro 4 46 4 51 3 64 3 69 The Commerce 1.10 1.17 3 96 4 01 The Savrvgs Fund 0 89 0.94 S'pore Prog Fund 0 46 0272 words
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Article106 1985-12-06 16 HONGKONG Wednesday 1457 1 Week ago 1460.7 Hong Seng Index Thursday 1693 91 Wednesday 1700 96 NEW YORK Week ago 1685.50 Dow Jones Wednesday *1484 40 TOKYO Tuesday 1459.06 Week ogo 1475.69 Nikkei Average Thursday *****.11 Wednesday *****.20 Stondard Poors Week ago *****.19 Wednesday 204.23 Tuesday 200 86106 words
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Article253 1985-12-06 16 LAST FULL YEAR Company Period Dote Yeor Net EPS Gross Net announced ending (cents) dr» profit last yeor ($*000) Pohong In* Final Jon 31 Dec 84 9.352L Minebeo Interim Jul II Sep 85 125 190 3.070(d) Mulpho Intl Interim Aug 24 Dec 85 30 738L Worldwide HM9S Interim253 words
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451 1985-12-06 16 THERE IS concern among stockbroking firms as to when and bow the &80-mil]ion "lifeboat" line is to be used to strengthen the stockbroking industry* Opinion is also divided over who has priority over the use of the fund to settle outstanding obligations451 words
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Article3833 1985-12-06 16 BID and oder prices officially Hated and hiMsrss tn and reported to the Kuala Lumpur Stock Exchange yesterday, with the somber of shares traded dwei ta bracket» la lots of I,OM units unlets otherwise specified MDUS TRIALS Ami (4 046) (I) 4.10 (13) 4.00 (I)3,833 words
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Page 16 Advertisements
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Advertisement33 1985-12-06 16 BEST CRUISE fit BEST PRICE $399 1 (per adult) Special departure: 20/12 4/1 2 DAYS (per adult) Sing/Pen Dept 22/12 50% discount for children Attractive group discount available MfI&NIFICEMT TOURS pELIHNCE_> I 53X383333 words
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Advertisement76 1985-12-06 16 NOTICE To the holders of the following rate U S Dollar Certificates of deposit due June 8.1987 of: A The Mitsubishi Bank, Limited. DBS Building. 6 Shenton Way Singapore 0106 We hereby certify that the rate of interest payaWe on the above-mentioned certificates of deposit tor the interest period beginning76 words
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THE PAN-EL CRISIS
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Article, Illustration1209 1985-12-06 17 RAMESH CHANDIRAMANI - From Kahlenberg to Peter Tham to Tan Koon Swan By RAMESH CHANDIRAMANI IN THE 25 YEARS of its existence, Pan-Electric Industries Ltd has had its fair share of ups and downs, but nothing quite as severe as the financial crisis it is currently experiencing.1,209 words
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307 1985-12-06 17 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN THE HIGH COURT has issued orders appointing Price Waterhouse receivers and managers of 13 subsidiaries of troubled Pan-Elec-tric Industries. Last Saturday on the application of some creditor banks, Price Waterhouse was appointed receivers and managers of Pan-Electric Industries Ltd, the307 words
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Page 17 Advertisements
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Advertisement60 1985-12-06 17 (X CONCORD (< MARINER The Concord Mariner For him 18 karat gold, black chromium-finish, stainless steel, with or without diamonds Quartz Water-resistant CONCORD THE NAME IS A LEGEND, OWNERSHIP A PRIVILEGE. Singapore Authorised Dealers Asia Watch Centre Ccxtina Watch Centre Shw Hwa Jewellery Chew Cheong Jewellers Roy Eastern Watch Jewellery60 words
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Advertisement222 1985-12-06 17 Why we'd rather sell you a PC that comes from a good family. Wang Computers cordially invite you to our -OPEN HOUSE PC SHOW mmMMM 1 1 "It 1 m I mm BMiii 4 \n~\ A x *s§ L a m\\\ We carry a lot of PCs. But if you222 words
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396 1985-12-06 18 LOH HUI YIN - By LOH HUI YIN THE KEY REPORT being prepared on Singapore's future economic development is now unlikely to be published until early next year. The original target for the presentation of the Economic Committee's findings to the Cabinet had been the end396 words
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328 1985-12-06 18 BRIAN GOMEZ - By BRIAN GOMEZ THE MALAYSIAN government has announced new oil production sharing terms in an effort to boost the country's oil exploration activity in the face of declining interest by foreign oil companies. "The improved profit oil formula will be328 words
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295 1985-12-06 18 THE UNITED STATES budget deficit has been projected to exceed US$25O billion in 1988 no thanks to President Ronald Reagan's "supply side" economics. Making this forecast last night was Mr Peter Peterson, who was delivering the sixth Singapore Lecture at the Singapore Conference Hall.295 words
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114 1985-12-06 18 AFP KUMAGAI GUMI, Japan's construction giant, will lead a consortium of Chinese partners to build, finance and operate Hongkong's second crossharbour tunnel. Chinese interest in the New Hongkong Tunnel Co is represented by Beijing's China International Trust and Investment Corp, and Beijing-backed local concernAFP - 114 words
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Article1050 1985-12-06 18 SHARE PRICES started higher yesterday with sentiment helped by Wednesday's sharp rise on Wall Street but have since turned mixed on lack of follow-through. At 1000 GMT, the FTSE 100 Index was 0.6 up at 1,400.2 having started at 1,401.8. Dee Corp rose five pence to 285 after1,050 words
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181 1985-12-06 18 Reuter THE LEATHER TRADE in industrialised countries is likely to shrink further because of cheap Third World products, says the International Labour Organisation (ILO). Developing nations, headed by Brazil, India, South Korea and Taiwan, now produce 35 per cent of the world's annual outputReuter - 181 words
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371 1985-12-06 18 SINGAPORE'S economic and political policies will be outlined to an international audience in London next month. The keynote address will be given by Briga-dier-General Lee Hsien Loong, the Minister of State (Trade and Industry). The conference, organised by the Commonwealth Institute, is371 words
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Article102 1985-12-06 18 Reuter COMEX GOLD FUTURES yesterday edged up on small dealer buying which was carried over from the London market. In slow dealings, spot gold was up US$O.9O at $322.60 an ounce. The leading February delivery added $0.80 at $326.50 after early selling dried up above Wednesday's low ofReuter - 102 words
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Article65 1985-12-06 18 Reuter THE NEW YORK stock market moved up sharply in early trading yesterday, improving on the record levels set on Wednesday. The Dow Jones Industrial Average was up six points to 1490. Advances led declines by a three-two margin on turnover of 18.18 million shares. ATT ledReuter - 65 words
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LATE FILE
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Article43 1985-12-06 18 Reuter BRITAIN yesterday decided to withdraw from Unesco, the United Nations main cultural body, on grounds that the agency was biased against the West, badly managed and had not responded to demands for reform, government sources said. RenterReuter - 43 words
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Article37 1985-12-06 18 Reuter A NEW four-year trade agreement restricting European Community steel exports to the US is to go ahead after Britain yesterday lifted an objection that threatened to block it, diplomats said. ReuterReuter - 37 words
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Article43 1985-12-06 18 UPI THE BASING of an advance US counter-terrorist military team in Europe is being studied to speed the deployment of such forces, out of concern over possible delays in a quick US response, the Washington Post said yesterday. UPIUPI - 43 words
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Article35 1985-12-06 18 Renter GUANGDONG province in Southern China has clamped down on the production of Coca-Cola and Pepsi Cola to protect its own soft drinks industry, a Hong Kong newspaper reported yesterday.Renter - 35 words
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Article41 1985-12-06 18 Bernama SIXTEEN foreign fishing vessels 15 from Thailand and one from Singapore were detained up to the end of last month for encroaching into Malaysian territorial waters, Malaysia's Deputy Home Minister Radzi Sheikh Ahmad said yesterday. BernamaBernama - 41 words
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37 1985-12-06 18 Reuter PRIME MINISTER David Lange said yesterday that New Zealand would be at no greater risk than it was already if the US withdrew its defence obligations to Wellington. ReuterReuter - 37 words
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Page 18 Advertisements
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Advertisement156 1985-12-06 18 EXPATRIATE COMMENTS ABOUT ARDMORE PARK [NO 3| 'Go out on Sunday We never hove time!' At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool The kids never had so much fun; we have never made so156 words
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Advertisement153 1985-12-06 18 V -A T V i i i U/1 VI j IK 14K Christmases Since 1846 Cross pens have been a traditional Christmas gift for many generations. In fact, ever since 1846 when Alonzo Cross perfected his first gold-plated propelling pencil. This Christmas your choice is more perfect than ever. Hie153 words
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Page 18 Miscellaneous
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Miscellaneous56 1985-12-06 18 Outlook for todoy: Showers over mony orcos from mid-afternoon, clearing in the early evening. Report for 24 hours prior to 7.30pm on Dec 5 ot the airport: Maximum temperature 21.4 Associated humidity 69 Minimum temperature 23.8 Associated humidity 97 Hours of sunshine 5.35 Rainfall in millimetres 20.0 Rainfoll this month56 words
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SHIPPING TIMES
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115 1985-12-06 19 Opecna THE ARUN natural gas liquefaction plant in Indonesia's Aceh province has reported a steady increase in its exports of liquefied natural gas (LNG). It made 125 shipments of LNG last year, against 93 in 1983, and has recorded 124 shipments so far this year,Opecna - 115 words
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304 1985-12-06 19 JUNE LIM - By JUNE LIM OPERATIONS AT Selco (Singapore) have been stalled since the start of the week after its parent company, Pan Electric Industries, was placed under receivership by banks which have extended massive credits to the company. Sources say the operation is hampered by304 words
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258 1985-12-06 19 AFP TWO CONTAINERS which recently arrived in Indonesia from Singapore were found packed with electronic goods instead of natrium carbonate as stated in the import documents certified by the Societe Generale De Surveillance (SGS), reports said yesterday. This was the first timeAFP - 258 words
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307 1985-12-06 19 Reuter SOUTH KOREAN shipyards are being hit by the shipping recession and have mounted a campaign to increase productivity. Korea Shipbuilders' Association officials said that a rationalisation plan worked out recently by shipbuilders called for a 10 per cent annual improvement in productivity, streamlining ofReuter - 307 words
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PORTSIDES
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Article84 1985-12-06 19 Reuter THE TUG DRIVERS' strike which began on Wednesday in many Australian ports will continue indefinitely after arbitration commission talks yesterday failed. The Institute of Marine and Power Engineers said tug owners would probably try to settle the dispute at a compulsory arbitration commission conferenceReuter - 84 words
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Article1189 1985-12-06 20 TIME-CHARTER business pre-dominated in London's freight market on Wednesday, with most bookings calling for delivery in the Western Hemisphere. NBC took the 71,700 dwt Jonna Dan and 60,900 dwt Maersk Neptun at US$4,OOO per day, each for one round voyage via West Africa after prompt delivery on the1,189 words
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1498 1985-12-06 20 Wah Kwong head continues to go where his instincts take him Lloyd's Maritime Asia THE FLAMBOYANT Frank Chao, the president of Wah Kwong Shipping, is perhaps the last traditional ship trader in the rapidly changing British colony of Hongkong. While other owners areLloyd's Maritime Asia - 1,498 words
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Article885 1985-12-06 20 A Top Ent X 2 AB Shpg V 5 Accord Shpg X 2 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Antah Orient X 5 Arrow Lines X 5 A Has Lines X 4 Anro Service IV 3/4 ANL 1 1/2 APC Line885 words
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74 1985-12-06 20 LIVERPOOL, the biggest of Britain's six experimental free ports, has handled £20 million worth of goods since it was opened a year ago. The free port's manager, Prank Robotham, said: "We have proved that the free port concept will work in Britain." At present,74 words
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225 1985-12-06 21 SHIPPING TIMES, Friday, December C, 1985 WORK on the US$25O million third stage of the Busan port expansion project will start any time now. According to Sea trade Week, the third stage has been delayed (or a year because of budgetary reasons. It225 words
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496 1985-12-06 21 A MAJOR RESTRUCTURING of the liner trade between South Africa and the US has been agreed upon following a period of increasingly heavy losses for the market's biggest operators. The reorganisation involves the withdrawal by two companies from direct container services and the establishment496 words
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518 1985-12-06 21 Kingsley Wood - Kingsley Wood IN A SHARPLY critical comment on British shipowner dominance of Australian trade, Australian National Line chairman Bill Bolitho has suggested that the Australian Chamber of Shipping should be more correctly called the Australian chapter of the Overseas518 words
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Article263 1985-12-06 21 Falrplay THE PORT of San Francisco Is making headway in its bid to regain container traffic lost to the Port of Oakland over 10 years ago. Tonnage at San Francisco through fiscal year 1984-85 is reported to have rose 44 per cent over previous year figuresFalrplay - 263 words
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Article191 1985-12-06 21 THE MAJOR shipping consortia operating between the Far East/Europe, 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 /Straits191 words
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121 1985-12-06 21 KAWASAKI RISEN KAISHA (K) Line has chartered ore carrier Shinryu Maru to transport the first shipment of iron ore fines from Narvik to Japan under a new contract of affreightmeht. Swedish shipbroker Scan Ocean said the 1971-boilt vessel of 165,021 dwt will121 words
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Article725 1985-12-06 23 Dac 4-10 Marintec China '85, exhibition and conference, Shanghai, China (details: Lloyd's of London Press, 26-30 Artillery Lane, London El). Dac 9 Membrane type LNG carriers application of vacuum to insulation space to reduce boil-off, 1730 hours, Institute of Marine Engineers, 76 Mark Lane, London EC3. Dac 9-13725 words
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3612 1985-12-06 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.3,612 words
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Article704 1985-12-06 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location B Meloti 540 06.12.85 2330 Leo Shpg F1 1400-1500 W4 Tanoh Air 56NB 06 12.85 1730 NAPL F7 0800-0900 63 Ravidas 29 06 12.85 1600 R Jumabhoy704 words
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Article529 1985-12-06 27 AT CONVENTIONAL WHARVES Vessel 1/ i Berth Agent Arrival Departure Keppel Nha Trong I Altair Barber Priam Koto Pelongi Lompung Lashio Marvo4o«verett P'cess Seiko S'thern Glory Tomoe 75 Tomoh Satu K2l KI2 K9 K32 K11A Kl9 K21 K28 K27 K30 K20 NAPL Cr Marine Borber PtL Heap529 words
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Page 19 Advertisements
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Advertisement962 1985-12-06 19 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. THE BOOKSHOP Agents JMOK SMPTM MEMOES (R« Hi 242K4/OtK) 70 SDtnlwi Way *04 03 Marina Hone S«n*o»f 0707 Tct *****11 I«te NO US *****962 words
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Advertisement62 1985-12-06 19 imisa THE UNBRIDLED OPTIMISM of Frank Chao, the president of Woh Kwong Shipping, continues to confound the shipping community. Pag* II A MAJOR RESTRUCTURING of the liner trode between South Africa and the US has been agreed upon. Page 111 Index to odvertisers II Shipping Events V London freight II62 words
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Advertisement1192 1985-12-06 19 (,}^{@!'\//.._<]"!&+[>%_:\}()). MAERSK LINE TACOMA TO: SMGAPORE 19 DAYS PORT KELANG 22 DAYS PENAN6 23 DAYS Tmdm Jllng P#nan<J Singapore Oosn| laws CT 9/12 1500 MB CfS 1/12 ?300 MRS EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA A ASIA CV.forr;a -US Guit US Atl.nC. n.s-Car.a, 4 Seniore Closing lam CT1,192 words
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Page 20 Advertisements
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Advertisement254 1985-12-06 20 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Vessel OASIS UTAH TOHGO MMU TOR MY TWYO BROGf t *bo carpi lo Doha I Pacific South Wm( Pacific North Waat Faador at Tokyo Faodor at Kobo Mother VSL ZEELANWA S KASHU M P Mtllo* A VESSEL Mother VSI I. ALLIANCE 1.254 words
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Advertisement290 1985-12-06 20 Supercarrier Service inrrw ji .''"inrr^ N *ocxsm BARBER HICTOR N ROTTERDAM NEXT ARRIVAL S BARBf R TAMPA IS/12. BARBER TEXAS 7/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 11/1 17/1 25/1 27/1 7/2 17/2 19/2 Aha acceptng tor Hasten (MLB). S Francisco Oakland. Start lor and San Dwfo290 words
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Page 21 Advertisements
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Advertisement851 1985-12-06 21 p» The Straits hmmJ Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited CONTAINfRSHIP SERVICE TO UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Spar* Mfbflt S'ton 05/12 89/12 22/1 13/12 14/12 *2/1 S 21/12 22/12 1»/1 29/12 31/12 11/1 #3/1 05/1 23/1 i 11/1 13/1851 words
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Advertisement629 1985-12-06 21 Franco Belgian Services F+r fat. Mrtv'4 ,»vj* >'uf L»niJ (MEMBER OF ACE CONSORTIUM! cgTMB gg to eumte STOK PJCUK It Hm Ite F'Statt Han KOREAN CHANCE 11 Dk 9 Ok) 31 Die llai 2tn 4lm 5 tax SEWN SEAS BMD6E II Dtc (1( Ok) (la 7tw 9lm 11 Im 12629 words
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Page 22 Advertisements
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Advertisement498 1985-12-06 22 R u Hapag-Lloyd T.'i CONTINENT/UK EXPORTS On carriage to Scandinavia, Med, Cambean t S. America Hand hauta(e to inland destinations in Europe S pore PMH|P«iua| lenoesßdbao Genoa Hburj Rdam ftmn A'werp Peter Ihckmm 6/12 9/12 11/1? 3/1 7/1 20/1 14/1 11/1 11/1 Konfc* Ihe this 20/12 22/12 lf/1 24/1 BN498 words
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Advertisement454 1985-12-06 22 FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ the ce Como,tlufn KOREAN CHANCE 24* SEVEN StAS BMDGE S3* C R TOKYO 2W TRANS WORLD BHOGI 2IW S pore PKHanf LrHavrr R dam E»to»« Hb«f Antwerp 11 1? 9 1?> 30 1? II 7 1 < 1 1 18 I? (16 I?)454 words
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Advertisement558 1985-12-06 22 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX R*****1 ft R5 R*****2 L i:\sti: UN < \K I.INKit. I.TI). Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Saings from Japan SCKI NAGOTA ¥35 lUCRT PW ¥2 asian am* m PRMC( MARU NO I ¥71 SCKI KOCH558 words
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Advertisement483 1985-12-06 22 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) ALSO ACCEPTMG ia/Eci i Fa/fa TO GOTKNURG AARMJS COPENHAGEN OSLO. STOCKHOLM HELSMU BREMEN. BREtERHAVEN VU HAMBURG LONDON SOUTHAMPTON MANCHESTER BMMGHAM LIVERPOOL GLASGOW MA FELIXSTOWE AMSTERDAM VIA ROTTERDAM US WEST COAST SERVICE LAX SEC 9/11 11/11 29/11483 words
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Advertisement339 1985-12-06 22 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES RAN EJTEHAD B Abfcav B KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPOK P*«ta* Lm*c tar OCEANA QUEEN 15/12 Lae, Orobay, P. Moresby, Kieta, Rata*. Honuri KYOWA COSMOS IS/1 P. Mtrethy, L*. Hwtara, Kieta,339 words
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Page 23 Advertisements
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Advertisement706 1985-12-06 23 SW PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 MID. S.E.A. CONTAINERS PTE LTD. (full container service) INDONESIA SERVICE JAKARTA MV SEA HAWK (EVERY WEDNESDAY VOY 8550 VOY 1551 ETA SMGATORE 11 DEC ETA SMGATORE 18 DEC ETA JAKARTA 14 DEC ETA JAKARTA 21 DEC706 words
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Advertisement684 1985-12-06 23 BENLINE CONTAINERS rarnrnmi Oiakj Bit Kiwtj Mjru Ouki Bay Riufi Mara Benaron ALL VESSELS ACCEPT EAST MALAYSIAN PORTS (KjJEBSEN LINE m. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACIFIC hongkonc nmssiNvn «s San Hk{ P Moresby Awk/Taui Na©w T<maiu BhiM 8,12 24/12 5/1 12/1 16/1 181 20/1684 words
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Advertisement560 1985-12-06 23 DJAKARTA LLOYD INDONESIAN NATIONAL UNF FAR EAST TO/FROM S PORE CONTAINER BUSAN YOKOHAMA KOH KAOHSUNE Ml GO** VTf-tfl 77 73/11 75 74/11 27/11 1-7/17 1/17 11/12 22/12 i 'anll.ii 'Ij. l P»rn* CYPRME I MI? J K/2/K 73/2/K WE MK ALSO ACCtriMG WSA HUBBO EXPRESS SPMI-CONTAINER SERVICE TO EUROPE WEST560 words
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Advertisement654 1985-12-06 23 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STM (Burmese National Lint) Loadnf for Ranfoon S pore Lasho V 52 6/7 Dec Pajan V 93* 10/12 Dk Phashweprawywa ¥261* 19/20 Dk Ldkaw VIO6W 20/21 Dk Pa-an VWW 24/20 Dk 15/10 DK 24/20 Dk BANK LINE r, QHMLILIKUi SPORE R'DAM HULL HMB6 MEADOWBANK654 words
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Page 24 Advertisements
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Advertisement1163 1985-12-06 24 USA CANADA *jKline KAWASAKI KISEN KAISHA, LTD. The World S«rvic«) HTTUNE CORAL V 2 NEFTIff CONCORD VOB OROTAL DTLOMAT V 24 HPTWt PEARL ¥53 T/S POUT 7 Dec I (KL) 19 Dec EUROPE (VIA SUEZ) E A MINILAND BRIDGE) (TK) 20 Dec 30 Dec (NG) 24 Dec 10 Dec (BU)1,163 words
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Advertisement614 1985-12-06 24 S3 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers RAMDAS Ok CHAMMMS IS OK *B*OAS IS ten DAMDAS 2 Feb IMb Frem S»dn 21 Dec 30 Ok 2* Ok 3 ten 22 Dec 10 Feb 30 ten I Feb i Fit 17 feb 2t Feb Feb Also Accepts AM 8m INDIA614 words
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Advertisement596 1985-12-06 24 N J MHE OOG 1/12 GUAM 1/1 Accwtof Fa Cm to Otoa M» Agetrts: GUAN GUAM SHIPP Kit ida Wjt 14/ li 21/12 14/1 21/1 IMBI jl auri* 3UAN GUAM SHIPPMG SON. BHD. P. KELANG T«t 03-317*1. *****0-7 Tatci No MA ***** FENANG Tat; (*****. (2S4U Fount fm Map. Contact596 words
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Advertisement536 1985-12-06 24 INTRASEA PTE LTD- 10 Ansori Road "27 16 Internatiorirt' Pia/c S nqapore 0207 Tel *****1 1 110 L.nesi <► BREAKBULK SERVICE TO EUROPE/UK NNO *****1S M FORT CARLETON *****20 SaOrf f K«tv*Lu*« tarSaOed ESBJERG/ROT/ANT/ UK (AVON) 11/12 ROT/ANT/IK (AVON)/ BELFAST mirasa cm) lit nans 224*511 RMTANC SMPfK CO MM 71*711536 words
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Page 25 Advertisements
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Advertisement1017 1985-12-06 25 NOL NEPTUNE ORIENT LINES LTD Agents Spore NEPTUNE AGENCES PTE LTD UNo otfee Termeul CFS OOOKRttS *****77 ft EU/AUST JPA/SU *****77 *****22 *****53 OK DUECT IKS *****53 *****42 I Bihru HARPER MRA SON. BH> 2XIOO P Kelang HARPER MRA SON. BM> *****1 3«24l P laya HARPER MRA SON. BW 5(47221,017 words
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Advertisement601 1985-12-06 25 InW $po>t Ik 12/17 N» i Dnum 409H 11/12 N> 7 Datum MON 2C/12 No 9 Ooutii 509N VI Nb I Daunt MOM 10/1 No t Donwn MON lt/1 P«un| P K<ta«( If/12 2S/12 30/12 9/1 U/l 20/1 24/12 5/1 9/1 1»/1 24/1 30/1 23 1? G4wr4 C»p S»«, No601 words
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Advertisement814 1985-12-06 25 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55. Market Street Sinfapore 0104 Telephone timbers *****3 (15 Lnes) Cable Address SMSOV SMGAPORE Telei Numbers RS 213*0 RS ***** RS ***** t. KELANG PENANG N/S JHARMAT MNI SOON MM. MB. IST AND 2ND FLOOD. WSSRS HN THONG SNPPMG 127 Pen»*814 words
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Advertisement112 1985-12-06 25 5" K& S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Som»r»«l Road #06-01 Ng T»ow Yhee Bldg S pore 0923 Tel 235 &444 (4 lineal Pof* Kfljnf Itja Pr.j .r*pQ«ij Sdr 3>vl T»l 03 ?MO?4 ■> Pffiini Mmr.u \<tlt K Irjriport ltd If 6789 k 63??S Pis"112 words
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Page 26 Advertisements
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Advertisement521 1985-12-06 26 I ltv<|imial r.onfaiiM'r Lines COMPAGNtE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) OCEAN/AFRICA REGULAR SEM-CONTAINERISED SERVICE «l STORE LOADING FOR BETSBOKA 10/12 Jan L««. Durban. Dareialam. Mombata BETS6OKA 10/12 Mar -do HINODE KISEN CO. LTD MIDDLE EAST REGULAR LlNERpioialisid wavy iimirs avsiiabh Sport SHUN-fl MARU 14/15 Doc GOLDEN VICTORY 11/20521 words
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Advertisement105 1985-12-06 26 If mo SHIPPING COMPANY (PTE) L TO EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAHINGb WEEKIY "or SKI BHUM 24W1 SEA GIORY 8546 PIT* BHUM 14ft SKI BHUM 249N Spore Bkk In Pt/7 Dec 10/11 Dec HI Dec 12/12 Dec 11/11 Dec 13/15 Dec 13/14 DeC 17/18 Dec Accept** botti FCL and105 words
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Page 26 Miscellaneous
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Miscellaneous169 1985-12-06 26 Kk w a m > N El s I? B 35 >5 L\ •H LTV I 1 JK fei! mis r^> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wave height R Thunderstorm Temperature o c Weather Wind direction with speed in knots y Shower f\ Ro,n Wave169 words
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Page 27 Advertisements
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Advertisement152 1985-12-06 27 MSC AGENCES K LUMPIA r kelang ffl LEOSW STOKE *****88/*****56/*****41/*****93 *****1/4 TERMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****5/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE fROM EUROPt GOT VSI ii'ii/.v-M pnm rm riiv.in ".ißntn t w EBB ESM P3 kim tim l l.'Tl/.yglTMglTII l.» ri'ii/.y iwtnnfTTTTMnßTiETif 1 IBM EMI G3M SIM □CIIM F:TTI EIIIM152 words
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Advertisement23 1985-12-06 27 COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HULL ROTTERDAM HAMBURG smrjpore StAIION SHIPPING (S) PTE LTD SAIES BOOKINGS Til ??ob6Bl <8 !•"«>23 words
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Advertisement415 1985-12-06 27 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE PARANG POMNG KLAWM PALEMBMC KStH TUNC *37 SAd IS/11 11/11 G SELATAM-7 *26 SiM G SCLATAN-6 *29 Saicd 15/11 24/11 G SELATAM-8 *23 Sjfcd */ll 27/11 G.SELATAN-5 *33 7/12 10/12 6415 words
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Page 28 Advertisements
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Advertisement683 1985-12-06 28 TO: EUROPE EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TG MAN S PORE PKEIANG PENANG FOR RMPA 21 23 Dec 24 tt Dec 0« 20 30 Dec UK INAVRE RIM HBG bmn m*r FROM EUROPE. PtNANG P KfUNG STOW BKK (ROM W»» 7' 7 D«t tlO Ok 11/12 Dec 14/11683 words
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Advertisement480 1985-12-06 28 Ssl^s< REGULAR FAR EAST SERVICE TO ANGOLA PORTS VSI SPORE EASTERN ALPHA Sid LOAD FOR:LUANDA/LOBITO, SOYO/ CAB*© A s>u>i SKOCCO SWUNG SERVICES 135 Ceci Street #07-01 Teh *****67 Th: ***** /3®B EAST ASIA LINE (Malaysian Flag) Regular Liner Service* Betwew RrSIA/S'PORt/INDtA P. Kelong Penong S'pore Ld9 tor 15 Dec CMtaf«nt/R|n480 words
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Advertisement651 1985-12-06 28 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUT COHIMttEOI SERVICE 10 EUROPE IVM SUEZ) KOREAN CHANCE ««N SEAS BROGE SJ* cr tokto 2* IRANSRKJRLD WOO) ?0W Spa ft IrttMtt Rdjm f slowe Hbu| Bttai 11/1? 30/12 1/1 2/1 4/1 5/1 U/12 (/I 7/1 1/1651 words
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Advertisement801 1985-12-06 28 live ret t Lines! COMPAMA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" I• «d>n( lor CjlUc Ki'j'jn. kv <11 ottier puf ts intti tunsNymwil Jl *06» On IPV (Ms Of I «»">< to Ihul >slinjlnr, Penant* P. Aria* S«(ap*c K2l/ 7 DK 12/13 Dk 25/27 Dk EVERETT ORIENT LINE" JAPAN/BAY801 words
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Advertisement414 1985-12-06 28 ZIM NON COfOKNCE RDEPENKNT FULL CONTMO SONICt atCTgjhl FCt/LCI cargoes to USA Cast I West Coast. Carrfcbeaniast Cauda a«d HMD It MIK K 211 M H UK M 12 J M S par« Eiat 2M STWtY 11/12 24/12 m mtstm 27/12 it/i lw)fc| fCI To Eiaopean and IM ZIM EILAT414 words
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