The Business Times, 17 December 1985
1985-12-17
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https://www.nlb.gov.sg
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The Business Times
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Title Section12 1985-12-17 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, DECEMBER 17, 1185 75 CENTS12 words
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150 1985-12-17 1 Reuter THE HONGKONG Society of Accountants has issued a draft proposal to require domestic companies to revalue investment properties annually to reflect current market values. An official of the professional group said the proposal also called for companies considered to have significant properties heldReuter - 150 words
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Article, Illustration509 1985-12-17 1 FOO CHOY PENG - Many companies consolidating operations By FOO CHOY PENG, Chief Reporter AN END IS IN SIGHT to the large-scale redundancies which have affected the electronics industry this year, a leading trade unionist has forecast "There will be further retrenchments but they will not be509 words
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259 1985-12-17 1 ACTIONS TO IMPROVE staff utilisation taken by the Singapore Broadcasting Corporation should not be regarded as a retrenchment exercise, the statutory board said yesterday. SBC's statement followed a BT report that around one-third of the newsroom staff of 24 had been affected by a259 words
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Article, Illustration436 1985-12-17 1 THE CIVIL SERVICE will continue to slow its recruitment over the next year or two, said the civil service head, Dr Andrew Chew. What this means is that it may take school-leavers or graduates "a little longer to get jobs", he said436 words
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101 1985-12-17 1 AFP HONGKONG'S economic growth rate for this year could fall below the government's forecast of 4.5 per cent. The drop would largely be the result of Hongkong's continuing slack performance in domestic exports, economists of the Hongkong and Shanghai Bank said in theAFP - 101 words
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Article, Illustration207 1985-12-17 1 MOST SHARE PRICES were traded lower across-the-board at the Singapore stock market yesterday ns there was no follow throngh from last Friday's buying support. Trading was at one of its lowest levels ever. Investors continued to be cautious and there was nothing to shore np207 words
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Article115 1985-12-17 1 UPI, Reuter SIX MONTHS after French spies bombed the Rainbow Warrior to halt its anti-nuclear campaign, the Greenpeace environmental group has launched a new project to proclaim the Antarctica a "world park". A converted tug, Greenpeace, set off from Sydney '.ast night on the Antarctic voyageUPI,; Reuter - 115 words
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101 1985-12-17 1 Reuter CHINESE POLICE have arrested the head of Beijing's public utilities department and other senior officials for corruption, the Beijing Daily reported yesterday. The paper said Ma Xueliang and nine other senior officials had been detained on charges of large-scale corruption and bribery.Reuter - 101 words
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341 1985-12-17 1 UPI A MAJORITY of 300 business economists expressed little confidence in the Gramm-Rudman deficit-cutting plan passed by Congress last week, a survey showed yesterday. The National Association of Business Economists (Nabe) said it polled 300 of its 4,000 members and found 60 per centUPI - 341 words
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121 1985-12-17 1 Reuter A ROBOT floor-cleaner just unveiled in Japan can sweep, wash and vacuum 10 times (aster than the average human, but it has trouble working in tight corners. A spokesman for Toshiba Corporation said the 10 million yen laser-guidedReuter - 121 words
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Page 1 Advertisements
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Advertisement144 1985-12-17 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Keppel trims the fat KEPPEL SHIPYARD is reducing further shiprepair capacity in the industry with its decision to consolidate all its operations at Tuas by the end of 1986. "We intend to remain in the shiprepair business," Keppel declares. The group is now studying144 words
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Advertisement255 1985-12-17 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS OUR VIEW THE SINGAPORE BROADCASTING Corporation's move to moximise its available manpower resources and raise productivity should yield positive results in due course. It must be understood that the public sector cannot be insulated from the wider world of work. Employment can255 words
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Advertisement104 1985-12-17 1 Leader, Page 8 Full report, Page 13 Asian stocks, Page 11 Now there's an easier way to move your gold around the world. Global Gold Certificates from Singapore's biggest banking group. The most flexible gold certificates in the world. Not only can you buy them in one country and cash104 words
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Advertisement6 1985-12-17 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
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HOME NEWS
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Article407 1985-12-17 2 ANNA TEO - By ANNA TEO A COMPUTER SHOW that was cancelled (or merely "postponed", as organisers like to put it) six months ago partly because of poor response from exhibitors has found itself nearly < verbooked for next year. The sluggish computer market has not deterred vendors407 words
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400 1985-12-17 2 PHILIPS SINGAPORE has scored another victory in the fight for dwindling government jobs by winning a $6 million airport contract. The Dutch company is supplying a communication system to the air traffic control department, patching it into an international information network via high-grade satellite400 words
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132 1985-12-17 2 THERE IS a place for the small businessman looking for opportunities in China, said a management consultant specialising in the China market. "Businessmen should find ways to get themselves involved in the more than 400,000 enterprises that China wants to upgrade and many other132 words
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Article, Illustration149 1985-12-17 2 NORMALLY, they deal with currency notes. But at this time of the year, a group of Standard Chartered Bank employees concentrate on musical notes as they entertain lunchtime crowds with Christmas carols. Of course, money is not totally forgotten. The 23 of them are singing to149 words
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Article, Illustration387 1985-12-17 2 ESAB of Sweden has produced a lightweight welding machine. It uses electrodes up to 3.25 mm and weighs only 8 kg about 20 per cent the weight of a conventional machine with similar capacity. The new Caddy 130, which does away with long and heavy cables, can be387 words
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Article, Illustration96 1985-12-17 3 SINGAPORE Foreign Ministor Suppiah Dhanabalan yaatarday said his former Filipino counterpart Carlos Romulo had played a big part in fighting regional battles in various international forums. He was a source of great encouragement, especially for the members of the six-member Association of South-east Asian Nations,96 words
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Article374 1985-12-17 3 Seminars and Courses HkS Cahners Tel T Exposition Tlx Group Fax: *****13 RS ***** *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Dec 16-17 Labour-Management Ming Court Hotel Roger Gill and *****60 Relations and Associates Collective Bargaining *****60 Dec 18 Employment Laws and Ming Court Hotel Roger Gill and Government374 words
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186 1985-12-17 3 PARTICIPANTS at the recent Glass and Window '85 had managed to sell $460,000 worth of glass and metal processing equipment. At the four-day show last month exhibitors received sales enquiries worth $5.6 million. There were some 100 companies from 13 countries and some186 words
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177 1985-12-17 3 AWARDS to four successful graduates from the National University of Singapore will be made today by Mobil Oil Singapore's chairman, Mr Lou Allstadt. Another two undergraduates from the Nanyang Technological Institute will be presented with scholarships from Mobil. The Mobil gold medal will177 words
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Article100 1985-12-17 3 PARCELS FOR CHINA can be packed either in stout cloth or carton boxes from Jan 1. This follows the acceptance by the Chinese postal authorities of a request by the Telecommunications Authority of Singapore. China's postal authority currently does not accept parcels wrapped in100 words
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95 1985-12-17 3 STUDENTS waiting to enter the National University of Singapore may use their time to brush up on English usage at a special course conducted at the Language Proficiency Centre. The course, which includes learning advanced comprehension and essaywriting, will be conducted from January to May95 words
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284 1985-12-17 3 LIM SOON NEO - By LIM SOON NEO THE MASS RAPID Transit Corporation (MRTC) yesterday awarded its 25th contract this year a $60-million civil engineering contract to a Japa-nese-local joint venture. The contract went to Okumura/Oh Teck Thye for the construction of Paya Lebar and Eunos stations and284 words
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197 1985-12-17 3 MOUNT ELIZABETH Hospital is spending 12.5 million on advanced machines to enhance the hospital's radiology department and its diagnostic capabilities. The hospital installed in early October a computerised tomography scanner (for three-dimensional X-rays). The $1.7 million scanner replaces an older generation scanner used197 words
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Article146 1985-12-17 3 IDENTITY CARDS will have a new format from Jan 2. The new cards will be computer printed and have additional particulars recorded on the reverse side. The blood group and, where applicable, the date of issue of citizenship certificates, are the two new items146 words
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321 1985-12-17 3 LISA LEE - By LISA LEE THE Mass Rapid Transit will have a major impact on the value of property in Singapore but the extent of this was still uncertain,said Professor Philip Motha in a lunch-time talk yesterday. While property developers and marketing321 words
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Page 2 Advertisements
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Advertisement343 1985-12-17 2 Cut and save. r t f i 's% kj O iJ tr*' m *> M t 1 t v<^ra>lti The HP 41CV is a compact and advanced programmable calculator. With 128 built-in functions and 2,233 bytes of main memory the HP-41CV is powerful enough for many mathematical, engineering and financial343 words
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Page 3 Advertisements
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Advertisement70 1985-12-17 3 Manila politiciana pay tributa to Romulo, Paga 5 JWKofe, f 'F- U! t >-■ m Coifyer Quay/Raffles Place Anchor tenants include BMP, MITSUBISHI BANK and DRESDNER BANK Marvellous sea views R)K M( )RK INK )KM AIK >N CALL ISLAM) INVESTMENT (>R J< INKS lAN< iW( M >TT( >N Developer Sole70 words
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Advertisement270 1985-12-17 3 its Friday V <■- T.G.I.F.'s *i walking in a Winter *'*>-• WONDERLAND don't miss Wit SHOW A s -DANCES OF TUG 60'S" Come on into the cold 1 THE 60'S" Tuesday 17th December '85 11.30pm Walk in a Winter Wonderland this Christmas! Wear your woolies. or the warmest winter clothing270 words
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OVERSEAS
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593 1985-12-17 4 Bad signal for Nato allies, says Defence Department Reuter THE US MILITARY, which has spent US$l,OOO billion in five years under President Ronald Reagan, is now faced with immediate and major spending cuts to help balance the federal budget in the next five years.Reuter - 593 words
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Article199 1985-12-17 4 AFP THE US government may agree to stop anti-satellite arms testing in order to avoid a clash with Congress on the issue. Negotiators from the Senate and the House of Representatives agreed on Saturday on a defence budget of U*****.7 billion for fiscal 1986. TheAFP - 199 words
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214 1985-12-17 4 AFP ONE HUNDRED suspected criminals unwittingly gave themselves up to the law on Sunday, by accepting an invitation to a free brunch and football game whose hosts were none other than police. "This ain't fair, this just ain't fair," cried oneAFP - 214 words
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224 1985-12-17 4 Reuter ALMOST A THIRD of UK manufacturers plan to increase their output over the next four months in spite of weakening order books. According to the Confederation of British Industry's (CBI) monthly trends enquiry for December, 29 per centReuter - 224 words
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Article, Illustration430 1985-12-17 4 UPI BY AN OVERWHELMING margin, commercial pilots believe airline deregulation has made air travel more dangerous, a survey of more than 1,200 pilots showed. The Dallas Times Herald reported on Sunday that nearly two-thirds of the pilots responding to its survey believed deregulationUPI - 430 words
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379 1985-12-17 4 Reuter BRITONS are complaining in record numbers about the quality of their newspapers, according to a report from the country's independent press watchdog. Complaints to the Press Council, ranging from bad taste and unfairness to bias and wholesale fabrication, soared last year toReuter - 379 words
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257 1985-12-17 4 AFP THE IRISH Republican Army (IRA) is waging a systematic campaign to destroy police stations and army barracks in Northern Ireland, stepping up the pressure by intimidating building contractors asked to repair the damage. The provisional IRA has carried out at leastAFP - 257 words
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Article808 1985-12-17 4 Operator Service Local From number time PAA PA21/5 0155 LAX/TYO/HKG CAL CI 341 0255 TPE CAL CI337 0255 TPE SV SV389 0445 JED/RUH MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN SJA SQ103 1005 KUL808 words
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Article, Illustration360 1985-12-17 5 AP THE PHILIPPINE government and opposition figures set aside their political battle yesterday and joined in paying tribute to former Foreign Minister Carlos Romulo, who died on Sunday, a month short of his 87th birthday. Called "Mr United Nations", General Romulo was the lastAP - 360 words
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200 1985-12-17 5 AP CORAZON AQUINO, the opposition candidate for president in next year's Philippines's elections, said in an interview published yesterday by the New York Times that she would put President Ferdinand Marcos on trial for the murder of her husband,AP - 200 words
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553 1985-12-17 5 Buying of US bonds expected to remain high Reuter THE FALL of the US dollar over recent months burned many Japanese investors who saw the value of their US holdings nosedive by 17 per cent, but it has failed to quell the Japanese appetiteReuter - 553 words
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376 1985-12-17 5 UPI NEW ZEALAND Prime Minister David Lange, reversing his previous stand, has said he would consider allowing the two French secret agents jailed in the Rainbow Warrior bombing to serve out their sentences in France. Mr Lange stunned a news conference yesterday by sayingUPI - 376 words
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121 1985-12-17 5 AFP THE JAPANESE are still workaholics, increasing their regular working day and taking only half of their leave entitlement last year, according to a government survey. The Ministry of Labour survey released on Sunday showed that private sector employees took an average of onlyAFP - 121 words
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Page 4 Advertisements
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Advertisement144 1985-12-17 4 J_L Cou 4 u Stay with us for a month. You'll be impressed with the simple yet cosy setting of our spacious rooms. Not to mention, our superb facilities. Like our 24-hour switchboard and maintenance, clinic, fullyequipped health-centre, swimming-pool, washer-dryer and more. Besides, your domestic chores can be arranged by144 words
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Advertisement8 1985-12-17 4 RmAm's747SP t Easiest Daily to .mm. New York.8 words
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Page 5 Advertisements
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Advertisement428 1985-12-17 5 "\&riety is the soul of pleasure. If variety is the soul of pleasure, then The Marco Polo, with two of Singapore's best restaurants under its roof, is the spice of life. For nowhere else is Christmas more joyful and caring than here at The Marco Polo. This season, as always,428 words
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Page 5 Miscellaneous
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Miscellaneous60 1985-12-17 5 Doonesbury thatllhavbto BBTHZLASTQUeSTION, B&5! I HAVE 10 GET BACK ANP HU THE BOOKS! 1 m m sosAiDUJrißwmNERZONKER HAFttSTHIS MOWIN6 AG HE RETURNS? 10CLA&&H&ZAT7HE ACADEMICALLY GRUELING BABY DOC COLLEGE OF PHWOANS. ws m M m BY GARRY TRUDEAU *23 MILLION JUST POESNT SEEMIO HAVECHAN6EPIHIS UNAFFECTED YOUNG MAN ANP HIS BOYHOOD DREAM60 words
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BANKING AND FINANCE
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397 1985-12-17 6 Reuter THE INTENSE selling pressure which has sent the New Zealand dollar down by more than eight US cents in the last four trading days shows few signs of easing, according to foreign exchange dealers and analysts polled. The New Zealand dollar plunged overReuter - 397 words
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178 1985-12-17 6 Reuter EURO-CLEAR Clearance System PLC has said its board approved the permanent elimination of transaction fees on securities clearances and deliveries and significant reductions in safekeeping and bond-borrowing fees, effective from Jan 1. The total value of the package to participants in the EuroClear systemReuter - 178 words
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445 1985-12-17 6 Reuter THE FEDERAL RESERVE'S policy setting group, the Federal Open Market Committee (FXDMC), is holding a two-day meeting this week, and investors are likely to be scouring the markets for one more sign that the Fed is indeed encouraging lowerReuter - 445 words
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370 1985-12-17 6 AFP, Reuter AN OVERWHELMING majority of banks owed money by debtridden developing countries are willing to accept the Baker rescue plan, according to the International Monetary Fund and the World Bank. An IMF spokesman said on Sunday that it was very important toAFP,; Reuter - 370 words
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214 1985-12-17 6 AP THE US government's Overseas Private Investment Corporation has written a record US$5.3 billion worth of insurance last year for Americans investing abroad, and made a net profit of $100.5 million. OPIC also said it issued $166 million worth of direct loans and loan guaranteesAP - 214 words
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Article, Illustration868 1985-12-17 6 SINGAPORE THE US dollar yesterday closed slightly lower against most major currencies after fluctuating narrowly in quiet trading, dealers said. It closed marginally lower at 2.5200/10 marks compared with New York's Friday 2.5250/60 close and at 202.50/60 yen against 202.80/90. It closed a shade lower at 2.1070/85 Swiss868 words
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Article264 1985-12-17 6 Interbank rates at 3pm yesterday: C ufrtoc iii Momma 1 rate* S Oftor < ImMtiaonian :roa» parity change Locol dollort to OA# ynit of Orf>^P currency US doiar 2 1170 2 1180 ***** -24 92 Sterling pound 3 0368 3 0425 7 3469 -58 67 Austrafcon dollar 1264 words
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Article79 1985-12-17 6 THE OVERNIGHT rate on the Singapore interbank money market rose point from Friday to close at 3V« per cent yesterday. The one-month term rate fell by 1/16 point, the three-month rate rose by 1/16 point while the twomonth rate remained unchanged. S$ Interbank rates ot 3pm yesterday: OH»»79 words
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Article302 1985-12-17 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady around opening levels In quiet trading. Short-dates were narrowly mixed at the outset and continued to remain at that levels thereafter with overnight closing at eight 7H and week fixed at 83/16 8-1/16. Asian dollar CD rates closed steady at opening302 words
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Article365 1985-12-17 6 BA Futures EURODOLLAR futures yesterday opened slightly lower than FYiday's closing but moved higher in choppy trading during the early session in Simex. After opening at 92.30 the March contract, traded to 92.34 before trading activities slowed down. Easier interbank rates during Liffe opening saw prices edging to 92.37BA Futures - 365 words
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Article198 1985-12-17 6 HONGKONG: GOLD yesterday closed easier after trading narrowly on thin volume. It closed at U*****.30/70 an ounce compared with its 318.95/319.35 finish here on Saturday. On the local market, gold ended at HK52,967 per tael. The krugerrand closed at HK52,493 or U*****.25. The Maple Leaf shed HK$2 to $2,574198 words
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Page 6 Advertisements
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Advertisement148 1985-12-17 6 —< H I Kl *A i tVfv ,<• Live it up: with Old Parr or Hennessy XO. From Ist October to 31st December 1985. just order an Old Parr or Hennessy XO or a cocktail with either Smirnoff Vodka, Gilbeys Gin or Malibu as its base. And you stand a148 words
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Advertisement44 1985-12-17 6 wbw A member of the MBM Group The Best of BALLY Is To Be Found At IVIELWANI boutiques hommes *02-14/15, Shaw Centre Tel: *****42 *02-23, Plaza Singapura Tel: *****29 #07-26/27, Specialists' Centre Tel: *****54 #03-06/07 Scoffs Shopping Centre Tel: *****60 Also open on Sundays44 words
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Page 7 Advertisements
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Advertisement214 1985-12-17 7 JLyRIME TIME SPENT TRAINING 1 CUSTOMER SERVICE STAFF IN 1985. When we started business in 1972 we were the first computer company to offer guaranteed response within our service contract. In fact you could say that we were the first to recognise that when a customer acquires a minicomputer, what214 words
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FEATURES
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Article461 1985-12-17 8 THE SINGAPORE Broadcasting Corporation's move to maximise its available manpower resources and raise productivity should yield positive results in due course. The ultimate aim is to create a leaner, more efficient entity within which will thrive groups of talented individuals who have proven their worth461 words
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Article, Illustration1490 1985-12-17 8 PAUL BETTS - The fat days of oil are beginning to wane for East Kalimantan, says PAUL BETTS who recently visited the area. At a time of soft energy market conditions, Indonesia and oil companies are having to turn increasingly towards gas. PAUL BETTS FT THE MAIN ROAD inFT - 1,490 words
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Article253 1985-12-17 8 Letters to the Editor Dear Sir, Hell seems to have broken loose ever since the sudden breakout of the scandalous affair of Pan-Electric Industries Ltd. The whole affair is badly handled, to put it mildly, and the minority shareholders completely ignored, to say the253 words
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534 1985-12-17 8 Dear Sir, The recent spate of controversies surrounding the PanElectric Board's mismanagement of public and bank funds, together with a series of corporate failures, points not only to the recession which Singapore and the rest of the world face but also to534 words
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351 1985-12-17 8 Also Caught - Also Caught Dear Sir, Pan-El employees have opposing views (letters in BT on Dec 10 and 12) but the question they have to ask themselves is whether their company would be viable, the recession notwithstanding, had it not purchased $140 million shares351 words
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Page 8 Advertisements
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Advertisement383 1985-12-17 8 If you feel that planners should be personal, we agree. Si**' <** TTj *e" ptfk f jffirf. Presenting the Seven Star personal-planner We couldn't agree more that a planner should be as personal as your wallet. But while sticking notes on it satisfies some of the people some of the383 words
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Page 8 Miscellaneous
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Miscellaneous22 1985-12-17 8 RnStOWr RanK-Dicfceng SN.GGfo, T^ll SfIRfMGHTjJONeS MOW LOMG> V4RVC s».- v P>M OF derision SN, tG«» I. snigger/ I I[J A Q WHO22 words
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SPORTS
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Article, Illustration531 1985-12-17 9 BRIAN MILLER - By BRIAN MILLER COMING IN THE WAKE of the Singapore Tourist Promotion Board's drive to "push" water sports, the Singapore Hobie Class Association will take the first real step towards realising that goal when it organises and plays host to the first South-east Asian531 words
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421 1985-12-17 9 AFP GOLFERS in the northern Indian city of Chandigarh will have more than bunkers and water hazards to cope with from next month if they are to shoot par. For by a quirk of the agreement signed in July between the government andAFP - 421 words
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197 1985-12-17 9 Reuter DEFENDING CHAMPION Manuela Maleeva of Bulgaria won her first title of the year when she beat American Bonnie Gadusek 7-6 3-6 7-5 to win a US$3OO,OOO women's tennis tournament in Tokyo on Sunday. "I had to fight for every point. I wasReuter - 197 words
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Article621 1985-12-17 9 AP A FIVE-YEAR-OLD Mexican boy served up a clash of the last two champions Argentina and Italy at Sunday's draw for the next year's World Cup finals in Mexico. But Luis Javier Borroso Caned o. whose mother performed the draw when the finals were heldAP - 621 words
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284 1985-12-17 9 UPI SNOW CHIEF, a Californianbred colt which has dominated western racing during the autumn, captured on Sunday the U551,172,000 Hollywood Futurity, the richest race for two-year-old thoroughbreds, without being seriously pressed. Jockey Alex So lis took Snow Chief into the lead at the halfmile poleUPI - 284 words
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Page 9 Miscellaneous
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Miscellaneous1167 1985-12-17 9 mm > V f? X Marsha Mason and Richard Dreyfuss... sharing some tandar moment# TUESDAY PREMIERE The Goodbye Girl 10.30 pm, Channel 5 We seem to get lots of goodies (mainly films) these days. Well tonight, eat your hearts out lovers, catch this movie on TV. This is a story1,167 words
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Miscellaneous39 1985-12-17 9 Play golf the Sevvy way YH£ SAND WEDGE tS THE NORMAL CJMA FOR PtAV"*G FRO* BONKERS BUT SOMETIMES WHEN THE BALL tS BuRfED OR ALMOST BUMEC? XX/ SHOULD USE YOUR DFTCHtNG WEDGE /NSTEAD OF THE SAND WEDGE. PfTCHtHG WEDGE39 words
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Miscellaneous683 1985-12-17 9 CRYPTIC PUZZLE ACROSS 3 Where soft fabric is (5) 8 Try a key point, for instance (5) 10 German town orchestro (5) 11 Do better than shoot bock! (3) 12 On which, fundamentally, a singer is out of line (5) 13 Did she make Samson's head iM? (7) 15 Award683 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration455 1985-12-17 10 AP UNION CARBIDE Corp has rejected a US$4.3 billion takeover attempt by GAF Corp as "grossly inadequate", and announced a series of defensive moves to quash the bid, including buying back some of its own shares. Union Carbide chairman Warren Anderson said the company's directorsAP - 455 words
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120 1985-12-17 10 UPI A MEXICAN newspaper publisher has said he would drop his bid to acquire United Press International if a court failed to approve a provisional agreement for him to take over immediate operational control. A lawyer for Mario Vazquez Rana toldUPI - 120 words
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307 1985-12-17 10 UPI A LEADING investment banker, Felix Rohatyn, has warned that takeover madness on Wall Street is threatening the stability of US business. "The climate of confidence required of our financial institutions is being eroded," said Mr Rohatyn, a partner of the Lazard FreresUPI - 307 words
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297 1985-12-17 10 Reuter AUSTRALIA'S six stock exchanges have agreed to merge to form a single share market, but will retain separate trading floors, according to a spokesman for the Australian Associated Stock Exchanges (Aase). The move was unanimously approved during a weekend meeting of the exchange boards,Reuter - 297 words
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Article, Illustration724 1985-12-17 10 NYT TWO YEARS AGO, when Werner Breitschwerdt took over the chairmanship at Daimler-Benz, he had each of the company's management board members write a strategy paper for Daimler's growth into the next century. Then, in a closed session, the papers were distilledNYT - 724 words
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Page 10 Advertisements
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Advertisement527 1985-12-17 10 B 67 'r* s® ii v ma iT s, Mfe&23&3ag§ J: V- V HUANG PAIA fcs 11 a w. 11 V: '.x [(.1 > ;*r. v as Bk Lunch llam to 2 30pm daily Sundays and Public Hol.davs Bam to 2 30pm .KVJiT 'v'Jf 'W~ Wffiftesident St \r A 0527 words
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Advertisement192 1985-12-17 10 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. CRpwn ®fW»CE HOTEL t* imam ContK>u«ng ttw Prmce192 words
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ASIAN STOCKS
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Article459 1985-12-17 11 HONGKONG: Stocks closed mostly lower on selective selling yesterday. Jar dine Matheson led the fall losing 40 HK cents to $13.20, as speculation waned on a possible takeover of the company. Among leaders, Cheung Kong eased 20 cents to $21, HK Land five to $6.55, Hutchison Whampoa 20 to459 words
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Article236 1985-12-17 11 OCC 16 Al S«*ere Irxfcji Aim Cement Cathay Com Chang Hwo Bonk Chen Loooa CNo Hui Cement KT 2 42 2400 29 80 44 00 1940 22 90 1920 0 11 13 05 unch 0 3 14 0 2 Lien Hwo Indus Non Yo Plos Pacific Com Pocific Elect236 words
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Article465 1985-12-17 11 TOKYO: Shares yesterday closed marginally higher in moderate trading but off earlier highs as anxiety over the market's rapid climb late last week dampened the market. The market average ended up 9.87 at 13,117.85, a record high close, but fell back from an all-time record high of 13,183.25 hit465 words
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Article64 1985-12-17 11 DCC 16 Pnoi Oriental B Phrfex B 0 014 unch ***** unch Anglo Ptwl 0 001 unch 0 0095 unch PLDT unch 10 unch Podco B 0001 unch Bovc Petroleum Benguet Con. B CDCP 0003 90 0 0006 unch Son Miguel B 18 0 005 15 ort>y Fr»r Phil64 words
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Article412 1985-12-17 11 SYDNEY: Share markets yesterday closed easier with high local interest rates and unimpressive performances by market leaders dragging the market down. The All Ordinaries Index fell 1.1 points to 974.9, the All Industrials Index rose 1.8 points to 1452.0 and the All Resources Index lost 3.2 points to 607.5.412 words
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Article93 1985-12-17 11 DEC 16 Won Hyundoi Const 960 30 750 10 Hyundai Motor 2001 76 KAL 622 7 Chobeung Bk 710 unch Korea First 775 -7 Commercial Bk 758 1 Yukong 1611 -42 Doelim Ind 585 -15 Korea Ship 378 -7 Daewoo Corp 552 •11 Lucky Ltd 820 -26 Daewoo Ind93 words
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Article118 1985-12-17 11 BANGKOK: Prices dipped yesterday with turnover amounting to 256,943 shares valued at 17 million baht. The Securities Exchange of Thailand Index shed 0.20 to 135.86. DCC 16 lahti S«am City Cement 456 unch Aokhom Tho Sooth Awa Fiwe Ayuthoya blv Thai Commercial 472 unch Bangkok Agro-tnd Bangkok Bank 202118 words
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Article54 1985-12-17 11 AFP KAWASHIMA Textile Manufacturers Ltd of Japan will increase its capital investment in Taiwan's FuChi Textile Mill Co by U*****,300, subject to Taipei approval. A Kawashima spokesman said the company planned to add U*****,300 to the sheet maker's capital, increasing it to $56 million from theAFP - 54 words
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491 1985-12-17 11 Encouraged by success in Canada AFTER a successful marketing operation in Canada, South Korea's Hyundai Motor Company is set to try (or a foothold in the US, the world's biggest car market. Hyundai officials said last week that the company planned to make491 words
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96 1985-12-17 11 Reuter PERRY OFFSHORE INC and Shenyang Automation Institute have signed a 15year agreement under which the US company will transfer technology to make underwater robots. The New China News Agency said Perry would provide technology to make the 451-kg Recon-IV robot, which can diveReuter - 96 words
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Page 11 Advertisements
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Advertisement761 1985-12-17 11 Kk Business Or Pleasure, Lunch Arlte Elizabethan Grill Tbday's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Hi761 words
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Advertisement132 1985-12-17 11 M Savoury Delights Await You At !*> o Tm SmM Dm* I# Hong Kong Dian Xih available during lunch.' For reservations call. 235 2698 or 734 6622 ext 141/144 Lnnch: 11am-3pm Dinner 6pm- 11pm MiMWir moral, 19 Cairnhill Circle Singapore 0922 Tel 734 6622 CAIRHMIU ORCHARD ROAD Ample Free Parking132 words
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RAW MATERIALS
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Article, Illustration813 1985-12-17 12 High prices and heavy volume have sparked lively trading NYT SHARPLY RISING PRICES, heavy volume and traders' confusion have made coffee futures the liveliest trading commodity recently. In terms of the key March 1986 contract, coffee has risen 40 per cent, from US$l.4O a pound inNYT - 813 words
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425 1985-12-17 12 NYT US INTERIOR SECRETARY Donald P Hodel has announced that he would conduct a sale of offshore oil and gas leases next month for Alaska's Bristol Bay, one of the world's richest fisheries and spawning grounds. The sale has beenNYT - 425 words
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162 1985-12-17 12 Bernama THE PRICE of palm oil in the international market is expected to shoot up next April, Malaysian Primary Industries Minister Datuk Paul Leong said on Sunday. He said this was due to the current trend of rising price and also projectedBernama - 162 words
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Article95 1985-12-17 12 AFP THE EUROPEAN COMMUNITY has offered to help Zaire finance a US$B65 million plan to rehabilitate its copper and cobalt mining industries. A spokesman for the EC commission said EC officials had judged the plan to be "eligible" for a special soft loan reservedAFP - 95 words
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Article718 1985-12-17 12 COFFEE ROBUST A COFFEE futures yesterday continued firmer to midday with gains from Friday's close of £80 to £71 a tonne, buoyed by a wave of speculative buying following New York's limit up close on Friday and underpinned by bullish sentiment. At midday, London's second position March was718 words
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Article156 1985-12-17 12 SINGAPORE THE MARKET yesterday closed slightly lower with January One RSS buyers quoted at 155.00 cents per kilo, down 0.25 cent from last Friday. MALAYSIA The market closed slightly lower, with Dec Int One RSS buyers quoted at 180.50 cents per kilo, down half a cent from Friday'» close.156 words
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Article149 1985-12-17 12 ChintN Produce Exchange (Setters' noon doting prices on Doc 16 (SS/100 kf). Coconut oil Bufc FOB 65 00 Old drum FOB 78 00 Now drum FOB 82.00 Copro Mixed (loose) 33 buyers Pepper Muntok White FOBNLW 1102 50 Sarawak White FOB foq NLW 1092 50 Sarawak special block149 words
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Article300 1985-12-17 12 RAS prices hi S cents/kg, FOS in b ole> NOON m CLOSE Int 1 RSS Prompt buyers 154 50 155.SON 154 25 155.25N Int 1 RSS Jon 86 155 25 155 75 155 00 155 50 Int 1 RSS Feb 86 155 25 155 75 155 00300 words
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Article91 1985-12-17 12 (centt/kg, 1-ton FEB 86 (current month) (forward month) NOON NOON RAS luyirs SSR 20 151 00 I53.00N 151 50 153 50N SSR 50 149 00 151 00N 149 50 151.50N MRELB fay*. S#Noft SMR CV 209.50 211 50N 210.50 2I2 50N SMR L 209 50 211.50N *****91 words
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Article153 1985-12-17 12 Singapore (S$/k4o, ci-fodowit) Frogront new crop 1st .74 2nd 0.56 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-sup«r no stock Special 046 Thai Rice 55% no stock China Rice 10% no stock 15% 0.69 25% no stock 35% no stock Thai Boiled Rice 5%153 words
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Article178 1985-12-17 12 MALAYSIAN crude palm oil prices yesterday closed lower in technical correction to last week's rise and reports that rain had broken the drought in Brazilian's soyabean growing areas, dealers said. Trading was quiet as most refiners were sidelined in view of the downward trend. December deliveries in central178 words
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Page 12 Advertisements
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Advertisement277 1985-12-17 12 I I ■isstV u The New Straits Times Press (Malaysia) Berhad (Incorporated in Malaysia) The Directors are pleased to announce the unaudited results of the Company and the Group for the year ended 31st August, 1985 as follows:Year Ended Year Ended 31st August, 1985 31st August, 1984 Change $*999 $*999277 words
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Advertisement508 1985-12-17 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 186 PURSUANT TO SECTION 290(2Xb) AND IN THE MATTER OF HON KEE PUMP PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719 on508 words
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SHARE INFORMATION
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Article, Illustration4196 1985-12-17 13 SHARE PRICES were traded lower across the board on very thin volume on the Singapore stock market yesterday. The final turnover (or the day was 4.8 million units against 8.4 million units on Friday. But yesterday's volume is higher than this year's lowest total4,196 words
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Article266 1985-12-17 13 SINGAPORE Rises Indicat Pook Hmo 265 23 Doc 13 Doc 16 Motol loi Ssorl 179 +6 BT Composite 565 05 556 58 N T 635 5 BT Indicator *****44 *****37 1 C 422 2 IT Of/OS -203 -180 Utd Hon to ttiofis 362 2 IT CADI -6169266 words
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Article2812 1985-12-17 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".2,812 words
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Article98 1985-12-17 13 HONGKONG Fnday 1450 1 Hong Seng Index Week ago 1451.6 Monday 1728.21 Friday 1735.58 NEW YORK Week ago 1724.27 Dow Jones TOKYO Fnday ******1 Thursday 1511.24 Nikkei Average Week ago 1477.18 Monday ****** 85 Standard Poors Friday ***** 98 Week ago *****.23 Friday *209.94 Thursday 206.73 TSE Index98 words
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Article271 1985-12-17 13 Monogerj' prices tor Dec 17 MARA-Bumiputrs F*st B'putro 4 70 4 75 Singapore Unit Trust Second B'putro Third B'putro 4 34 3 54 4 39 359 The Commerce 1.17 124 Fourth B'putro 3 93 398 The Savings Fund 0 92 0 97 Fifth B'putro 254 2 59 S'pore271 words
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COMPANY NEWS
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168 1985-12-17 14 THE PROPOSED PURCHASE of a 30 per cent stake in Grand United Holdings Bhd will give Unico Holdings control over four publicly-listed companies. Unico, the investment arm of the powerful Associated Chinese Chamber of Commerce and Industry of Malaysia, will not only gain168 words
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Article, Illustration448 1985-12-17 14 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI SPECIALIST subcontractors LAM Group Investment Ltd sees the current fiscal year ending June 30, 1966 as a period to consolidate, re-group and look for new investment opportunities. With the local construction industry shrinking due to a lack of new448 words
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424 1985-12-17 14 DUNLOP MALAYSIAN Industries Bhd's independent directors have urged shareholders to vote in favour of the company's proposed acquisition of tyre manufacturer, IT International Sdn Bhd. They point out in a circular to shareholders that "the proposed acquisition is in the long-term interest of424 words
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542 1985-12-17 14 SHARE PRICES put on a lethargic performance on the Kuala Lumpur stock market yesterday, much to the disappointment of many investors. Even though the Malay- sian Airlines System made j its debut yesterday after a week's delay, it did not stir up any542 words
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Article3247 1985-12-17 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. MDUSTMALS AMD (4 00S) Alcom (0 706 0 7IS) (2)3,247 words
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Article, Illustration646 1985-12-17 15 NAJEEB JARHOM - Ship-repairing operations to be consolidated at Tuas by end of next year By NAJEEB JARHOM KEPPEL SHIPYARD is to cut its shiprepair capacity by a massive 45 per cent following its decision announced yesterday to consolidate all its shiprepair operations at Tuas by the646 words
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Article, Illustration348 1985-12-17 15 HWA HONG Corp Ltd is carrying out an internal restructuring of some of its group assets involved in the rental of warehousing and industrial space. A wholly-owned subsidiary, Hwa Hong Investments Pte Ltd (HHI) has contracted to sell its almost completed flatted factory at Paya Lebar348 words
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297 1985-12-17 15 KUALA LUMPUR Industries Bhd has received approval from the director-general of Malaysia's Insurance and the Capital Issues Committee for its acquisition of 70 per cent of People's Insurance Co (M) Sdn Bhd (PICM), and the offer to acquire the remaining 30 per297 words
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661 1985-12-17 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN GULA PERAK, the sugar producing company whose shares were last traded more than 10 years ago on Singapore and Kuala Lumpur stock exchanges, is attempting a comeback. Helped by its main creditors, Telok Plantations, Osvar Plantations, Osvar Development661 words
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Article263 1985-12-17 15 UNITED Overseas Bank group has acquired 407,000 Haw Par shares, raising its stake to 47.407 million or 31.8 per cent of Haw Par's share capital. DIAMOND CUTTING (M) Sdn Bhd, a wholly-owned subsidiary of Malaysia Mining Corp, has retrenched 46 employees out of a total workforce of 482.263 words
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LATEST
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40 1985-12-17 15 Group profits before tax fell to M 52.95 million in the half-year to Oct 31, 1985, from $3.89 million previously. An interim dividend of 5 per cent will be paid on Jan 31, 1986. k40 words
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249 1985-12-17 15 Bernama MALAYSIAN AIRLINE System (MAS) had a (lying start on its first day of trading on the Kuala Lumpur Stock Exchange yesterday. The shares opened at a high of MJ3.50 but drifted to as low as 11-96 before closing at $2.45,Bernama - 249 words
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422 1985-12-17 15 UNITED INDUSTRIAL CORP is believed to be interested in buying up Temasek Holdings's 26.7 per cent stake in Intraco if the government investment company decides to divest of its shareholding in the trading company. If a good offer comes along, UIC will422 words
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Page 14 Advertisements
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Advertisement554 1985-12-17 14 Group financial position of Supreme Corporation Bhd as at June 30,1985 ASSETS M$ in millions Fixed Assets Land, buildings, plants, machinery and equipment used to generate revenue Property Development Projects These represent uncompleted units or phases of the development projects at cost or valuation in subsidiary companies 240.1 Investments Interests554 words
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Page 15 Advertisements
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Advertisement76 1985-12-17 15 Hertz costz up to 50% less. Ask for the Hertz Daily Special (On selected models, subject to availabltty. For use in Singapore only.) Below 1600 cc models: 1600 cc models: »2000 cc and above Includes unlimited mileage, insurance, maintenance and other exclusive Hertz advantages. The business decision with ak* more76 words
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Article, Illustration492 1985-12-17 16 Bernama THE MALAYSIAN government has the prerogative to decide whether to make public the final report of the committee of inquiry into the M 52.5 billion Bumiputra Malaysia Finance (BMF) loans scandal, according to Malaysian Prime Minister Dr Mahathir Mohamad.Bernama - 492 words
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197 1985-12-17 16 A $3 BILLION CONTRACT was signed yesterday by the Public Utilities Board to buy fuel oil over a five-year period from the Singapore Petroleum Company. (SPC). SPC will supply a total of 60 million barrels or 33,000 barrels a day in197 words
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103 1985-12-17 16 AP TOYOTA MOTOR CORP, Japan's largest carmaker, and Taiwan's Kuo Zui Motor Ltd plan to produce compact cars and motor car parts in a joint venture. Under the plan, which has to be approved by the Taiwanese government, Toyota will invest US$35 million and KuoAP - 103 words
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470 1985-12-17 16 BOEY KIT YIN - By BOEY KIT YIN NEGOTIATIONS between Singapore and the US to renew their bilateral accord on textiles have been adjourned to next month after the first round of talks, held in the first week of this month, ended without any agreement. It470 words
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197 1985-12-17 16 UPI THE SOVIET UNION yesterday said it could neutralise the proposed Star Wars anti-missile shield for as little as one per cent of the cost of the American programme. The official Novosti news agency printed a list of possible countermeasures against President Reagan'sUPI - 197 words
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66 1985-12-17 16 AFP INDONESIA and Australia have agreed to put behind them a decade of differences and to embark on a new era of cooperation. Indonesian Foreign Minister Mochtar Kusumaatmadja made this comment in Canberra yesterday after meeting Australian Prime Minister Bob Hawke. But Mr Hawke's officeAFP - 66 words
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405 1985-12-17 16 Reuter THE FIRST Thai posted tin price will be fixed today at the equivalent of Ms2l per kilo compared with more than $29 last quoted by the Kuala Lumpur Tin Market before tin trading was suspended on Oct 24. SivavongReuter - 405 words
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Article79 1985-12-17 16 Reuter COMEX gold futures drifted lower in thin morning activity yesterday, with the downward bias stemming from disappointment that the Federal Reserve did not reduce the discount rate on Friday. Spot gold was off US$O.2O at $318.80 an ounce. The leading February delivery eased $0.70 at* $321.50 afterReuter - 79 words
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Article74 1985-12-17 16 Reuter THE US stock market was higher in early trading yesterday The Dow Jones industrial average was up six points to 1541. Advances had a narrow lead over declines on 13.85 million shares. Two of the 30 stocks in the index, Union Carbide and Philip Morris, wereReuter - 74 words
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LATE FILE
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Article44 1985-12-17 16 UPI INDIAN Prime Minister Rajiv Gandhi yesterday dedicated the Third World's first atomic fast breeder reactor, an experimental device that creates more weapons-grade plutonium than it uses fafuel, and renamed the reactor research centre after his slain mother, Indira. UPIUPI - 44 words
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33 1985-12-17 16 Reuter MIDDLE EAST tensions have increased following the disclosure of a Syrian missile redeployment but Israeli leaders said yesterday they did not want to trigger a conflict. ReuterReuter - 33 words
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Article60 1985-12-17 16 AP BRITISH AIRWAYS yesterday said it was launching an investigation to find out how a wing flap fell off one of its Boeing 747 jumbo jets as it was about to land in Boston. It would wait until the investigation was completed before deciding whetherAP - 60 words
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43 1985-12-17 16 AP CHINA has exported more than US$6OO million worth of clothing and other textiles to Soviet bloc countries this year, an increase of 76 per cent over last year, the official Xinhua news agency said yesterday. APAP - 43 words
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Article34 1985-12-17 16 Reuter SOUTH AFRICA yesterday said it was making urgent approaches to Zimbabwe after six whites were killed when a truck carrying two families detonated a land mine near the border.—Reuter - 34 words
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Article31 1985-12-17 16 THE MALAYSIAN national newsagency, Bernama, and the Chinese Xinhua News Agency yesterday formally launched bilateral exchange of news following the opening of a direct satellite link.31 words
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Page 16 Advertisements
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Advertisement115 1985-12-17 16 ASIAN k AEROSPACE'B6 3rd EXHIBITION AND CONFERENCE SINGAPORE CHANGI AIRPORT. 15-18 JANUARY 1986. Glide along to Asia's largest air^snow. This year's premier aviatipn event will focus on all major aspeefs of the aerospace and aircraft-rejated industry. A total of 600 exhibitors from all over the world. In a total of115 words
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Advertisement144 1985-12-17 16 TO ALL COMPANIES IN SINGAPORE Export Credit Insurance Corporation of Singapore Ud. A new range of services is now available at the Export Credit Insurance Corporation of Singapore Ltd to enable local companies to obtain both insurance and financing. The Corporation, which to date has been engaged only in export144 words
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Page 16 Miscellaneous
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Miscellaneous62 1985-12-17 16 VMMMh Outlook for today: Showers over a few oreos in the morning and over several areas from around midday. Report for 24 hours prior to 7 30pm on Dec 16 at the airport: Maximum temperature 28.8 Associated humidity 77 Minimum temperature 24.1 Associated humidity 94 Hours of sunshine 2.55 Rainfall62 words
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SHIPPING TIMES
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113 1985-12-17 17 AP TAIWANESE PATROL BOATS and planes yesterday continued a search for a Panamani-an-registered freighter with 22 Filipino crewmen that reported on Sunday that it was in distress off Taiwan. Military officials in Taipei said a search team spotted a large oil slick on SundayAP - 113 words
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384 1985-12-17 17 EVERGREEN LINE has signed a five-year agreement with Japan Line to operate three services to the US west coast. The joint service will take effect next April. Under the space charter agreement sealed in Tokyo last Friday, 14 container ships operated by384 words
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174 1985-12-17 17 Reuter ARCHIRODON Engineering Co of Switzerland is raising US$45 million through a club loan to finance construction of a deep water port in China's Shenzhen special economic zone near Hongkong. A spokesman for the agent, Banque Indosuez, said the eight-year loan had aReuter - 174 words
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150 1985-12-17 17 THE POWERFUL All-Ja-pan Seamen's Union is to continue its campaign against flag of convenience shipping after the union's largest ever co-ordinated action in the port of Kobe. The concentration of activity in Kobe at the end of last month resulted in150 words
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PORTSIDES
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Article104 1985-12-17 17 AFP A 1,600-TON CHINESE FREIGHTER with a crew of 17 ran aground in the narrow Kurushima Strait in the Seto Inland Sea in western Japan early yesterday. Japanese Maritime Safety Agency officials said there were no casualties. They said that the Shi Zui-Shan, commanded by Captain XuAFP - 104 words
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Article125 1985-12-17 17 Reuter A JAPANESE ICEBREAKER has freed an Australian Antarctic supply ship with 47 people on board which had been trapped in pack ice for seven weeks, officials said on Sunday. The supply ship, Nella Dan, a chartered Danish vessel, was making slow progress towards open waterReuter - 125 words
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Article84 1985-12-17 17 Reuter THREE SEAMEN were killed and seven others were missing after Turkish-registered freighter Vadi sank in the Sea of Marmara on Saturday night, Turkish radio said. Port authorities at Canakkale on the Dardanelles Strait, where the Vadi was bound from Bandirma, said they did not knowReuter - 84 words
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Article1211 1985-12-17 18 CHARTERING on the London shipping freights market ended the week on Friday on a quiet note, with further evidence of weakness in the US Gulf grain loading sector. Unconfirmed rumours suggested that an early January loader had accepted down to U557.75 (fio) for a 55,000-ton US Gulf grain1,211 words
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818 1985-12-17 18 Scientists say a major disaster is 20 years overdue AP JAPANESE SCIENTISTS stood over an experimental tank watching waves of water crash over the model of a port city, theoretically smashing fishing boats to splinters, crushing homes and dragging cars and debrisAP - 818 words
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623 1985-12-17 18 NYT SET ON a breezy neck of land between the Atlantic Ocean and Bluefields Bay, the once sleepy port of El Bluff in Nicaragua is now stirring with the roar of modern construction equipment. Giant earth movers and dump trucks clear the thick underbrush. Off shore,NYT - 623 words
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Article675 1985-12-17 18 AB Shpg V 5 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL M 2/3 ASCL HI 1 Bolt-Canada Line VII 4/5 Bait-Orient Line VM 4/5 Bank Line V 5 BBS II 4/5 Bayswater Shpg IV 2 Ben Line Cont675 words
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284 1985-12-17 18 AP RESCUE WORKERS searched the waters in the southern Gulf of Mexico on Sunday for 33 crew members and workers missing after a boat carrying oil drilling equipment sank off the Mexican coast. No survivors had been found by early Sunday afternoon, according toAP - 284 words
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175 1985-12-17 19 A SECOND BATCH of students has graduated from the World Maritime University. The university in Malmo, Sweden, is operated under the auspices of the International Maritime Organisation, the United Nations agency responsible for improving maritime safety and preventing pollution from ships. About 70 students from175 words
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395 1985-12-17 19 Lloyd's List MAJOR SHIPPERS in Japan are to lose their right to substantial discounts on freight rates to North America from the end of this month. The Transpacific Freight Conference of Japan and the JapanAtlantic and Gulf Freight Conference have officially notified Japan's national shippers'Lloyd's List - 395 words
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433 1985-12-17 19 A SERIES of important international measures designed to combat pollution of the seas by chemicals will become effective from April 6 next year. They were adopted at a meeting held at the headquarters of the International Maritime Organisation, the United Nations agency433 words
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Article134 1985-12-17 19 UPI TWO NEW YORK BUSINESSMEN have been indicted on charges of defrauding the Agency for International Development by shipping tainted chemicals to Zimbabwe. The agency, also known as AID, said Charles Colbert, 37, and his brother, Jack Colbert, 33, officers of Signo Trading International, wereUPI - 134 words
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232 1985-12-17 19 HAMBURG has consolidated its position as an international handling port for coffee and raw cocoa. The port's newsletter, Topics, said figures had shown that the West German port handled more than half of the nearly 600,000 tonnes of raw coffee imported by232 words
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Article189 1985-12-17 19 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.189 words
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99 1985-12-17 19 THE NEWSPAPER of the Swedish merchant marine, Svensk Sjoefarts Tidning, has reported that the merchant marine's tonnage plunged by 75 per cent during the last eight years, while the number of its ships fell by 25 per cent and the work force by 4099 words
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Article724 1985-12-17 21 1986 Jan 13-14 Offshore export opportunities, seminar, Royal Lancaster Hotel, London W2 (details: European Study Conferences, Kirby House, 31 High St East, Uppingham, Rutland, Leics. Jan 14 Lecture, "Merchant ship conversions the Falklands campaign," by J Hannah, organised by Nautical Institute (South West branch), 1900 hours, RNEC Manadon.724 words
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Article, Illustration5581 1985-12-17 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.5,581 words
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Article749 1985-12-17 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrivol for LCL movement Ship Voy date/time Operator cargo schedule Location Hoog Pioneer 14 17 12 85 1800 USL F7 0900-1000 L3 Louis Maersk 8602 17 12 85 2300 Maersk F5 1200-1300/1400-1500 A1/F1 1300-1400 Bl China Cont 32E749 words
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Article1648 1985-12-17 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Same (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (Si Ahrenkiel Liner Kim Shpg (S> Alfred C Toepfer Oceanus ShippingA gencies (S) Multiport Sdn Bhd (PK)1,648 words
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Article312 1985-12-17 26 AFP TALK that Opec's new strategy would lead to rapidly reducing oil prices made buyers reluctant to join the market, so that new enquiry for tankers was virtually non existent. Fewer large vessels were fixed out of the Gulf states area, and EA Gibson shipbrokers reported that withAFP - 312 words
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Article889 1985-12-17 26 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Koheng Koto Rokyot S Poniong Agnes Venture Choc© Duo mor Excelsior 2 G Seloton 9 N Baltimore N Son Juan Normonnio P of Scand S Shmryu PASIR PANJANG Asian Clipper Dong Mm Hoesheng Olympio Contong H-3 Hosho Moru Nha Rong Or889 words
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Page 17 Advertisements
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Advertisement686 1985-12-17 17 Monthly from Pitman J" Available at all good bookshops and newsagents Times 111 y Distributors Orient OVERSEAS Codeine* LINE Agents JMOM UVTWG AGENCfS (Ref No 242M4/OOK) wrrrnm '0 Shenton Way #04 03 Minna Hons* Singapore 0707 n&gl Tel *****11 Telei NO RS 2«179 GfS OFFICE IPC *03 079 Tel *****31686 words
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Advertisement69 1985-12-17 17 JAPANESE SCIENTISTS believe that tsunami will strike Shizuoka Prefecture soon, saying that such an onslaught is 20 years overdue. Page II MAJOR SHIPPERS in Japon are to lose their right to substantial discounts on freight rates to North Americo from the end of this month. Page 111 Index to advertisers69 words
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Advertisement1411 1985-12-17 17 4; BALT-ORIENT LINE ."/.rh, Baltic Shipping Co Regular Services from South East Asia to United Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE KEEP YOUR APPLES FRESH TACOMA T 0: SINGAPORE 19 DAYS PORT KELAN6 22 DAYS FASTEST TRANSIT PENANG 23 DAYS1,411 words
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Page 18 Advertisements
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Advertisement448 1985-12-17 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Mother VSI LA LB OAK S KASHU M 11/1 21/1 r ARRO* 25/1 21/1 BfISHU M 1/2 4/2 1. APOLLO 8/2 11/2 Pacific North West Feeder at Kobe Mother VSI SCAT VCR I. ALLIANCE 19/1 20/1 RJ*448 words
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Advertisement307 1985-12-17 18 N ROCICST« BMBCR t€CTO« N ROTTERDAM BAWfR TOM N ROUEN W■ i ARRnAIS BARBER TAMfA ii 1? U ROUEN 7 1 fcARBER UAAS 1 1 N ROSARtG ?7 1 BARBER PtRStUS 71 1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Vessel BARBER TAIf BARBER TEXAS BARBER NARA BARBER307 words
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Page 19 Advertisements
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Advertisement1077 1985-12-17 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd Overseas Containers Limited HONG KONG EJPRESS BENAiDER arrof edwurgh fMWFIKT express HNBURG EXPRESS OSAKA BAY KASUGA MARU HIM VON KOMOON BAT CITT or EDINBURGH Stan H°bw| 10/1 12/1 11/1 20/1 23/1 25/1 30/1 01/2 09/2 11/2 IS/2 20'2 24/2 26/2 02/31,077 words
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Advertisement649 1985-12-17 19 Franco Belgian Services .1 rl.i l /rt'm hr* with .»r .iW«-rri //n (MEMBER OF ACE CONSORTIUM) contucr stoma to eurok com«ci! stevict fitch niton SEttN SEAS BRDGf CR TOKYO TRANS WORLD BROGE CHMA CONTAINER STOW P KEIANG L« Har.e R dam fStowe Han B'Hitren Ant li Dec (It D«c) 6649 words
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Page 20 Advertisements
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Advertisement340 1985-12-17 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia. Med, Carribean S. America Inland haulage to inland destinations in Europe I TO EUROPE/MED FROM N. CONTINENT &UK IMPORTS Agents SEGANI Singapore *****66 K Lumpur *****5/6/8, *****9, *****9 Booking *****78 P Kelang *****8 Freight *****00 CFS *****8 CFS *****72 Penang *****7. *****2340 words
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Advertisement250 1985-12-17 20 KSimob FULLY CONTAINERISED SERVICE FROM EUROPE VIA SUEZ Consortium Buuo lotro 1/1 6/1 8 1 13 1 IS/I 20 1 Mete? S pate I HKonj Kaoslu* <26 I?) 24 1? 128 I? nl2 c r pwiis n HONGKONG CONTMfR 471 OMENTAL CHUF 464 FULLY CONTAINERISED TO/FROM NORTH AMERICA WEST COAST250 words
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Advertisement1306 1985-12-17 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) (VER GOVERN (VCR GLORY EVER GfTED EVER GLEAMY EVER GRAM) ever anus EVER GOEOEN SGf HKG KSG KIG PUS OS* TTO KSN 25/12 30/1? 31/12 2/1 5/1 7/1 1/1 ?7/i 2/1 5/1 7/1 »/l 12/1 14/1 15/1 J/2 U/l 14/1 15/11,306 words
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Advertisement340 1985-12-17 20 US I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE P*riant Loadinj tor: OCEANIA QUEEN 18/12 Lae. Orobay, P. Moresby, Kieta. Rabaul, Honiara KYOWA COSMOS 16/1 P. Moresby. Lae. Honiara. Kieta. aunts Raba blW* SW&APOW SINOSf MARUIMf PTI 110 If I ***** M 1 ft ??01i/0 PORT340 words
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Page 21 Advertisements
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Advertisement631 1985-12-17 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA RAJA E-599 29-30/12 3-6/1 DJIBOUTI, HODEIDAH, PTSUDAN, AQABA KOTA WISATA E-601 14-15/12 20-24/12 ADEN, HODEIDAH, JEDDAH, AQABA, MOMBASA, NACALA, BEIRA, MAPUTO KOTA WIRAMA E-603 2-3/1 0-12/1 TAMATAVE,631 words
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Advertisement829 1985-12-17 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT CONTAINER SERVICE FROM UK/CONTINENT City ot E<M>ur|ti Saitd Mam Maru SAd Kmlwi Eipress SiM Osaka Bay 11/1? Kasufa Maru M/ 12 Btnaron 4/1 Hon|tont Eiprtss 11/1 Kooriaon Bit 14/1 Btnaldtr 19/1 BHAKNRDAM Safcd Sadtd Saitd Saitd Saitd SjM 20/1? 21/12 30/12 31/12829 words
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Advertisement671 1985-12-17 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE™ ■bm row ioa iuk UM m m mum 44/12 II I? II II 1; 11-11/1? 141 VI? 1117/1? 7171/12 M Hi ?im 21/12 21/12 2V12 21/12 Mill *-l/« S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAIAPAMT Voy 27 GOD*671 words
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Advertisement577 1985-12-17 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Penang 21/22 Dec m. S'pore PKeiang Phashwegyawywa V26l* 25/26 Dm Loftaw VIO6N 25/26 Dec Pa an VB9W 27/29 Dec Pagan V94W 29/31 Dec BANK LINE EXPRESS SOU-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK 22577 words
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Page 22 Advertisements
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Advertisement1300 1985-12-17 22 K line KAWASAKI RISEN KAISHA. LTD. ECUADOR/PERU/CHILE fEEDER VSI MOIMER »Sl fEEDER VSI ASIA STAR V 43 SPORE PKIG PNC SPORE NAGOYA GUAYAQUR CAIIAO ARICA K)U»QU Af AGASIA S ANIONK) VAIPARAIV) 19 Dec 20 Dec 22 Dec 24 Oec 12 Un 21 feb 4■» s Mj 6 Mal M< 9M1,300 words
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Advertisement631 1985-12-17 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers oinfcjpmr PKrtjoi Pefiani! lujdmg lot 23 Dec 77 Dec Madras Bdesh HaMu Calcutta 16 Dec Bon*j, Kandb 9 lan Mt*as B desh Hakka Calcutta 11 Ijn Maikas B desti Hakka Calcutta INDIA SERVICE Accepting FCL Containers631 words
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Advertisement737 1985-12-17 22 tTti GOLDEN LINE WQi fcV GUAN GUAN SHIPPING (PTE) LTD V kwanf '""I P'OMKiJI Bint BuMn( 60 Cecd Street IT SMGAPORI 0104 111 ??***** <10 IWCSt STRAITS/PERSIAN GUIF SERVICE: GOIDiN MOWN < < 't- a <rj.fi bjfj UXDIN r u j.j. fn liufcj D< f j 19 20 Dec 10737 words
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Advertisement348 1985-12-17 22 4» INTRASEA (PTE) ITD 10 Anson Road *27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lmes) BREAKBULK SERVICE TO EUROPE/UK FORT CARLETON *****20 S»*ed Saied SOUTHERN PACIIC *****21 28/12 30/12 Spare P KeUnj Loading lor S»*ed Sifted ROT/ANT/UK (AVON)/ BELFAST ROT/ANT/UK (AVON) A|(ti<s Snfapote WTRASEA (PTE) ITD BOOKMG348 words
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Page 23 Advertisements
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Advertisement919 1985-12-17 23 NOL \\NEPTUNE ORIENT LINES LTD Agents Sp.»e NEPTUNE AGENCiS PIE LID lei No office lermmal CFS BOOKINGS *****77 ft IU AUSI IP* Sl* *****77 *****22 *****53 OR DtflfCT LINES *****53 *****42 i B.ih, u HARPER MRA SON BHD *****0 P Kelan, HARPER WIRA SON BHD ***** 1 *****8 Plata HARPER919 words
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Advertisement585 1985-12-17 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON SP(*| »«NIS *P!Uf* AGINCKS RTF 110 TH ?;*****/?*****4 ???7blo ??1?0?? <ot>erjt.om> ????««?/??09?54 (Teriranal) ??0?4S0 ??0?b04 (CFS) MtltrSlt AGf NIS TUNAS SHI* SON BHD KL TH *****0 *****4 PK let 389">64 PIN Tel *****V*****b CEYLON SHIPPING585 words
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Advertisement1017 1985-12-17 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARKAT NAM SOON SON. BK> IST AND 2ND FLOOR NO 1. JALAN CEMPENMG. PORT KLANG. MALAYSIA1,017 words
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Advertisement120 1985-12-17 23 f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37, SomtrMt Road. #06-01. Ng Ttow Yh»« Bldg S'pora 0923 T«l: 235 8444 (4 linftt) Port Kelanj Tiga P*ia Shipping Sdr Bhd Tel 03-*****4 b Penang Malaysia Trade Transport ltd Tel 04 *****3 Pas* Gudanf Malaysian Shipping Agencies Sdn120 words
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Page 24 Advertisements
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Advertisement541 1985-12-17 24 Regional Cwutaiiivr Lines SINGAPORE BANGKOK SERVICE S'PORE SOUTH THAILAND SERVICE VESSEL VOY ETA S'PORE RAT ANA BHUM SON I»D* RATANA BHUM 51N 2 J»n RATANA BHUM 52N 16 Jan RATANA BHUM S3N 23 J«n ETA ETA SURAT THAN! SONGKLA 26 Dk 28/30 Dec 9 Jen 11/13 23 jan 25/27 Jan541 words
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Advertisement109 1985-12-17 24 J? QJ si FARGO SHIPPING COMPANY (PTE) L TO EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAHINGb WEEKLY Wo 1 PtYA BHUM 15M SKI BHUM 250N SEA GLORY 8550 PtYA BHUM L6N Spore Bkk 11/11 Ok 20/22 Dec 20/12 Dec 24/25 Dec 22/22 Dec 27/29 Dec 25/25 Dec 27/29 Dec Acceptinf both109 words
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Page 24 Miscellaneous
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Miscellaneous181 1985-12-17 24 Weather ft a I m r A r A M ?S I cJ2 k ca as «2 S&igS S "fik. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature <> c Weather Wind direction with speed in181 words
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Page 25 Advertisements
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Advertisement180 1985-12-17 25 mm IfISC AGENCES K. LUMPUR P. KELANG PENANG P GUOANG j. BAHARU LEOSHP SPORE *****88/*****56/*****45/*****93 *****1/4 TERMHAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 10 EUROPE FEEOER (ROM fUROPf VSI lin»jfTTnrTrr?! f *Minnrnf JnTM im i int.'. 029 Ed QEIISH E39 EQI nxsmßii 11.111'.M KIM llfrf W LT180 words
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Advertisement36 1985-12-17 25 COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HUH ROTTERDAM HAMBURG MV MEADOW BANK V 9 MV TAMAITAI SAMOA V 6 (•.en,tl Act-ills Sm/jpore SEAL lON SHIPPING (S) PTE LTD SALES BOOKINGS TfL (8 Hnes)36 words
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Advertisement252 1985-12-17 25 Cmmqm Cnnak *»i<» LICOHNE •GENERAL AGENTS SEALION SHPHNG (S) fTE LTD. SMGAPORE SALES/BOOKW6S Tg. *****11 (I UP) Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) LILI.U PENANG Pnn 1 mecrri SMQLPOfIE 1} MARSEILLES "2) ROTTERDAM 3) LONDON 4| HAMBURG |S) GOTHENBURG 444 kittwdu 454 N DHH/464 Wmm/474* N Dcfina/454 B Sra/494252 words
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Page 26 Advertisements
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Advertisement343 1985-12-17 26 vim >Sos MitsuiOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA ALTAI MARU 22 Dec Mombasa, Daressalaam ASTRA PEAK 23 Dec Port Louis. Reunion SEA ARCHITECH 1 Jan Mombasa, Daressalaam OCEAN ELITE 15 Jan Mombasa, Daressalaam AFRICA'S I NO t, WEST AFRICA EARNEST VENTURE 19 Dec P Notre. Abidjan, Apapa. Tema CONTINENTAL PARTNER343 words
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