The Business Times, 20 December 1985

Total Pages: 27
1 27 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, DECEMBER 21, 1985 75 CENTS
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  • 667 1  -  By LORETTA McLAUGHLAN IN THE FIRST major interbroking default to be revealed since the Pan-El crisis erupted, a Malaysian stockbroker has failed to pay a broker in Singapore for forward contracts in two companies bought by the Pan-Electric Industries group. Ipoh-based Y
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  • 893 1 Quality stocks come under continuous selling pressure THE DEEP SENSE of gloom that pervaded the Singapore stock market at the height of the Pan-Electric crisis two weeks ago was in full evidence again yesterday, as share values nose-dived to their lowest level in three years.
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  • 101 1 Reuter SOUTH KOREA plans to invest billions of dollars in a bid to be among world leaders in science and technology by the year 2000. Technology Minister Kim Sung-Jin said yesterday that the country would invest about US$l.7 billion or 2 per
    Reuter  -  101 words
  • 117 1 Reuter A BUSINESSMAN and 55 executives of the Cathay industrial group were convicted on fraud and embezzlement charges in connection with Taiwan's biggest bank scandal. The Taipei District Court sentenced Tsai Chen-Chou, the chairman of Cathay's Tenth Credit Cooperative Bank, to 12 years
    Reuter  -  117 words
  • 337 1 Reuter THE BRITISH GOVERNMENT yesterday unveiled legislation to bring about a sweeping reform to London's financial centre that would leave bankers and brokers as their own watchdogs in spite of a wave of scandals. The legislation, known as the Financial Services Bill, is
    Reuter  -  337 words
  • 443 1  -  By LEE HAN SHIH THE 13th MONTH PAY will not be guaranteed to new government employees from next year. And there are strong indications that, from next year, existing civil servants and employees of statutory boards will not get their
    443 words
  • 150 1 Bernama SUGGESTIONS that Malaysian Finance Minister Daim Zainuddin is artificially propping up the stock market because of his own personal involvement in many listed companies are "totally unfair and mischievous", Parti Gerakan president Datuk Dr Lim Keng Yaik said yesterday. He said
    Bernama  -  150 words
  • Page 1 Advertisements
    • 153 1 The buck starts here CITIBAN<O Corporate Banking Another Specialty only from Dragon City. HHHHHj Discover some of the finest Sichuan and seafood dishes at Dragon City. I Wi Experience the warm and attentive 'Zf flB service, so reminiscent of traditional Wr Chinese hospitality and respect. Amidst rich and elaborate h
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    • 265 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTERS OUR VIEW PRESIDENT REAGAN's veto of the Jenkins Bill makes economic and political sense. But given the present mood of the US lawmakers, the outcome of the Multi-Fibre Agreement talks is unlikely to bring much cheer to exporters. The US is likely to
      265 words
    • 104 1 Latter, Pag* 8 Unico now aya# Suprama Corp, Paga 15 Mora reports, Pago 11 Int'l stocks, Pago 12 Asian stocks, Pago 13 BALLY of Switzerland ...meet's the challenge of today. The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe Co
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    • 2 1 MINOLTA EP3SOZ
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  • HOME NEWS
    • 300 2 CHEE KOW CHIA has been appointed the director, banking and treasury of N M Rothschild and Sons (Singapore) Ltd. Mr Chee will be responsible for all the lending activities, treasury functions and bullion in Rothschild. He was with a European commercial bank for four years and with
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    • 429 2  -  By LISA LEE THE ASEAN Constructors Federation (ACF) has proposed a three-tier bidding system which would give preference to Asean contractors to bid for contracts within the region. The newly-formed group will table the proposal for approval before the Asean economic ministers meeting in
      429 words
    • 235 2 THE ROYAL Holiday Inn will invest several million dollars over the next two years to upgrade the 600-room hotel in Scotts Road. "This is part of the Holiday Inn chain's policy of keeping our hotels up to standard," said a hotel spokeswoman. "The last
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    • 246 2 "IT IS NOT WINE, it is the cool in-between," Fraser A Neave's Edward Lim explained. The drinks company has just floated into Singapore's humidity a thirstquenching idea that had grabbed California by storm. Bistro Blanc is for "the girl and boy who wants a nice cocktail
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    • 197 2 THE SIX DEPOTS of the Singapore Bus Service (SBS) will be computerised by March at a cost of $300,000. These depots, where buses are cleaned and maintained, will be equipped with super-mi-crocomputers made by American Telephone and Telegraph (AT&T). Mr Frederick Tan; the
      197 words
    • 361 3 "ESPRIT is not a label affected by recession," said retail manager Gym Tan yesterday as Esprit's flagship store opened to about 2,000 young browsers. The manager's statement explained the panache with which the store forked out $4.5 million on its spacious interior occupying two floors
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    • 396 3  -  By LIM SOON NEO WESTIN HOTELS, which manages the two Westin hotels and the Raffles City Convention Centre, has so far lined up 45 major conventions from next year to 1991. Twenty five will be held at the Raffles City complex next year
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    • 309 3  -  By MONICA GWEE ADVERTISING AGENCY Adcom and Grey has entered into a joint-venture with Grey Advertising (New York) to form a new independent agency. Mr Vince Khoo, the executive chairman of Adcom and Grey, said the new agency had been formed because "an opportunity
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    • 446 3 SINGAPORE has produced a crop of brighter, younger accountants with a more balanced education in recent years. Students no longer turn to accountancy as a profession of last resort. This was the observation of Mr Lim Hock San, an accountant
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  • Page 2 Advertisements
    • 349 2 WORLDW/DECOUR/ER Changing the way the world does business. TO GET ALL OF THIS FROM YOOR COMPUTER, YOU HAVE TO GET YOUR COMPUTER FROM The Wang family of fully compa- 818 Ifl tible, easily upgradeable computers ***** l gives you not just data processing. Or office automation. Or networking. Instead, it
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    • 53 2 BALLY of Switzerland ...meets the challenge of today I A A member of the MBM Group The Best of BALLY Is To Be Found At MELWAINI boutiques hommes #02-14/15, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29 #01-26/27, Specialists' Centre Tel: *****54 #03-06/07 Scotts Shopping Centre Tel: *****60 Also
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  • Page 3 Advertisements
    • 242 3 Celebrate And Be Merry W© Take Care Of Your Festive Needs Preparing for a function? At home or in the office—Continental Outside Catering can help bring the festive cheer right to your door step We specialise in a pot-pourri of Chinese, Western local dishes. At a moment's notice our chef
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    • 61 3 REDEFINED PIERRE BALMAIN '85 COLLECTION I St m m r &i 1 v f m m W I wm jjg] pierrc balmain Pierre Balmain Boutiques Centrepoint -02-11 17b Orchard Road Singapore (W23 Tel 734 b341 The Pavilion Inter-Continental "01-OS 1 Cuscaden Road Singapore 1024 lei *****4 Pierre Balmain C<»rners Metro
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  • OVERSEAS
    • 359 4 Reuter THE EUPHORIA which greeted Prime Minister Rajiv Gandhi's probusiness budget in March and his plans to liberalise industry has given way to cautious optimism in business circles and scepticism on the part of many economists. Mr Gandhi is under fire from several sides over
      Reuter  -  359 words
    • 350 4 Reuter PRIME MINISTER Rajiv Gandhi's Congress (I) party slipped further behind a fledgling ethnic party in Assam but there was still no sign of a clear result yesterday as returns from Monday's poll continued to trickle in. The Assam People's Front
      Reuter  -  350 words
    • 344 4 UPI THE PHILIPPINE Supreme Court yesterday voted to allow the Feb 7 presidential election battle between President Ferdinand Marcos and opposition candidate Corazon Aquino to continue. The court, in a seven to five vote, dismissed petitions seeking a declaration of unconstitutionality in the
      UPI  -  344 words
    • 209 4 AP CHINA'S defence budget will not rise much over the next few years and army logistics officers should redouble efforts to guarantee supplies for the troops. The official English-lan-guage China Daily yesterday quoted Yang Shangcun, tne vice-chair-man of the Central Military Commission, as
      AP  -  209 words
    • 161 4 AP KINDERGARTEN could cost more than college in Japan, where going to the right schools is seen as the path to a successful career and where getting a good start goes right down to kindergarten. A survey of 1,000 private kindergartens
      AP  -  161 words
    • 146 4 Reuter AN INDIAN WORKER, sentenced to death by stoning for adultery, has been declared innocent after a retrial by the Islamic court in Sharjah which found him guilty last week. United Arab Emirates (UAE) newspapers said yesterday. They quoted Sheikh Hamad bin Majid
      Reuter  -  146 words
    • 896 4 ARRIVALS Operator Service Local From •uwber time THAI TG98I 0025 BKK FT FT71 OHO JEK/ORD/ANC /NRT/MNL/TPE UTA UT5479 0140 NOU PAA PA2I/5 0155 LAX/TYO/HKG SV SV398 0445 JED/RUH SIA SQ4I 0615 MAA SIA SQ43 0730 DHA CAL CIO 10 0740 JED/DHA MAS MH68I 0820 KUL MAS MH603
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    • 336 5 NYT PRESIDENT Ronald Reagan, pledging to maintain America's military buildup, has said that balancing the budget by 1991 would require deep cutbacks of "wasteful and unnecessary" domestic programmes. In his first detailed statement on the far-reaching budget measure that he signed last week,
      NYT  -  336 words
    • 291 5 UPI THE US is studying with interest a Moscow broadcast that says the Soviets would accept on-site inspections to police a comprehensive nuclear test ban, US officials said yesterday. The statement came in a Radio Moscow broadcast in English supporting the earlier Soviet proposal for a
      UPI  -  291 words
    • 218 5 FT THE CANADIAN government has published a new anti-trust Bill designed to tighten control over mergers and acquisitions. The proposed Competition Act, drawn up in consultation with business and other interests, provides for the creation of a competition tribunal empowered to block any merger
      FT  -  218 words
    • 498 5 AP ECONOMIC growth in Western industrial countries will dip slightly over the next 18 months, but recent signs of greater international cooperation have reduced fears that the three-year-old recovery could end abruptly. In its semi-annual economic outlook, the Organisation for Economic Cooperation and Development
      AP  -  498 words
    • 113 5 AP MORE THAN 30,000 women had applied for 250 jobs as stewardesses with British Caledonian, the airline said on Wednesday. "It appears the whole world wants to become a Caledonian girl," said an airline spokesman. He said applications had been coming
      AP  -  113 words
    • 129 5 Reuter THE US TREASURY Department has proposed legislation that would bar American states from taring the foreign income of multinational corporations. Treasury Secretary James Baker said the practice of basing state corporate taxes partly on the income of foreign affiliates was hurting the US position
      Reuter  -  129 words
    • 367 5 Reuter A FEDERAL DISTRICT COURT in New York issued an order on Wednesday temporarily restraining Pennzoil from cashing in on its historic US$lO.5 billion damages award against Texaco. Pennzoil, a Texas company, said the ruling was an impediment to settlement discussions and was without merit. Texaco, Americas
      Reuter  -  367 words
  • Page 4 Advertisements
    • 478 4 nsweseaswi tobejofly.... CHRISTMAS NEW YEAR IS NOT COMPLETE WITHOUT PRESENTS. SANTA CLAUS. NOVELTIES AND MERRY-MAKING. AT THE ROYAL HOLIDAY INN. WE HAVE THEM ALL...,. NOVEMBER 15 iflft DECEMBER 31 WWM Say cheers with our delightful Christmas cocktail served in a unique FROSTY or MISTY mug which is yours to take
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    • 113 4 An Economy Ticket WORLD'S FINEST WHOLE-BEAN COFFEE •v. <&**■ BONCAFE is 100% pure, freshly roasted, choice coffee beans from the key regions of Costa Rica. Colombia, Brazil and Kenya, backed in a special gold foil bag to seal in the original freshness of good coffee. And ground only as and
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  • Page 5 Advertisements
    • 96 5 V OT\ i V V c it ■'.k •v«* w > in k m 9. > mm T«f r j j t Mf *11. I* Kl 4L i imipp 40P* "You think him worth flattering' George Bernard Shaw Royal Salute. The ultimate form of flattery. The ultimate gift. After all,
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  • Page 5 Miscellaneous
    • 58 5 Doonesbury I t s W 1 8 T I u. S/NCZ iou CAN AFFORP IT NOW, J.J. AND lUJ6FB hoping wuX>eeflßLa TO FLV UP AND JOIN US FOP- THS FESTIVITIES! Wi 58 m 'Myy M mwtWSi BY GARRY TRUDEAU luouuxrrM&ziT, m&.rrsAumx GESTURE TO ASK MB. mi QF VOtfRE STILL Mi
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  • AIR CARGO
    • 333 6  -  By LIM SOON NEO FACED WITH another slack year, Singapore's air cargo industry is pinning a lot of hope on the development of the seaair transit system. In the first nine months of this year, the volume of air cargo handled grew marginally to
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    • 156 6 RECENT CHANGES which have taken place in Australia's air freight charter policy will help ease the shortage of air cargo capacity during peak periods. Previously, all primary produce charter flights, bound for destinations outside Australia, were allowed to carry only one type
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    • 319 6  -  By SHAHRIR ARIFF TRANSPEED CARGO (S) Pte Ltd is a new company which promises to contribute to Singapore's growth as a major centre for transhipment cargo using the sea-air service. But this will depend on whether its Japanese counterpart can be convinced to switch
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    • 180 6 ANSETT AIRWAYS has ac- quired a 51 per cent interest in the Perth-based freight charter operator, Transcorp Airways (HK) Ltd, which recently announced plans for a weekly service to Brunei. It will become yet another arm in Ansett's bid to infiltrate Australia's international routes. Transcorp has
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    • 246 6 ARRIVALS Op*rotor FUght Locol From number time FRIDAY TMA TL35I 1130 BEY/SHJ /KUL FT FT75 2355 BOS/JFK ANC/NRT /TPE SATURDAY CAL CI333 0250 TPE CV CV796 0845 LUX/AUH KAL KE685 2110 S£L SUNDAY TMA TL355 0830 BEY/SHJ /KUL FT FT73 2355 LAX/SFO anc/nrt OSA/TPE MONDAY NW NW903 1845
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  • Page 6 Advertisements
    • 136 6 Announcing; the arrival of a bigger ana better business class. We don't have to tell you how popular our Marco Polo Business Class is. The fact that we've had to add seats says it all. But we wanted not just a bigger business class, but a better one. So we've
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    • 39 6 r lC s _-f 'V W^" jpesff u vM W*C tS?&2&" mT\ nS-^V«S* OOOS r A>\Ne c^| a \oo<l^° t jor>st>V oy\,W e ?;*epr 030 9*^' 3^*Sia>W ocMe 1 1.3° #f1, '.'1V.0 0,,f14 s^®! «s^ sSgs?-- "ft ifO sss&""
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  • BANKING AND FINANCE
    • 647 7 SINGAPORE The US dollar closed slightly lower against most major currencies yesterday after fluctuating within a narrow range in quiet and featureless trading. The dollar closed marginally lower at 2.5206/15 marks compared with New York's 2.5210/25 close, at 202.75/90 yen against 203.20/30 and at 2.1165/80 Swiss francs against
      647 words
    • 326 7 BA Futures EURODOLLAR futures gapped sharply lower yesterday from Wednesday's closing. The March contract opened 14 ticks lower at 92.24 but trading was quiet and confined to narrow range as dealers preferred to stay on the sidelines for the US GNP figure today. Liffe opening saw the same lacklustre
      BA Futures  -  326 words
    • 126 7 THE OVERNIGHT rate on the Singapore interbank money market rose by Vi point from Wednesday to close at 3% per cent yesterday. The one-month term rate rose by 1/16 point while the two and threemonth rates fell by 1/16 point each. S$ Inl terbonk rate of 3p< Ov«frwght
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    • Article, Illustration
      252 7 Asian market ASIAN DOLLAR deposit rates closed firmer yesterday compared with Wednesday's levels, in moderate trading. Overnight closed at 8-3/16 8-1/16, up VI point from the previous close. MMCATES ttw iwmi el nw prim* landing rata* «I 12 mafor banks «pwfcg In Singapore latorfcaak depcstt rates us$ OHar fcd 7
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    • 222 7 Interbank rotes at 3pm yesterday: Md Oder c roao partly change Local dollars to om unit of foreign US dolor 2.1190 2.1200 2 8196 -2485 Starling pound 3 0142 3.0178 7 3469 -58 97 AustroUan dolor 1 4430 1.4458 3 4286 -57 91 NZ dolor 1.0690 1 0727
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    • 196 7 HONGKONG: Gold closed lower yesterday in dull trading. It ended at USS323-10/50 an ounce compared with the $324.40/90 close in New York and the $319.70/320.10 finish here on Wednesday. Local gold rose HK$29 to close at $3,010 a tael. Krugerrand added $23 to end at $2,528 (U*****.80). Maple Leaf
      196 words
    • 325 7 FT SATOSHI SUMITA, the governor of the Bank of Japan, formally declared that the central bank was discontinuing its policy of keeping short-term interest rates high in order to push up the value of the yen. He told his regular weekly news conference
      FT  -  325 words
    • 163 7 Reuter FEDERAL RESERVE Board governor Martha Seger has indicated that further easing in monetary policy in the near future is unlikely. According to the American Banker newspaper on Tuesday, Seger told a group of credit union officials in Dallas last week that
      Reuter  -  163 words
  • Page 7 Advertisements
    • 202 7 In a world that wears Lanvin with pride ,what does a Lanvin wear? There can be few greater •vf" accolades for a fashion house than to have one's products sold in 85 countries throughout the world. It speaks volumes for the sin- A cerity and creativity of design and recognizes
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  • FEATURES
    • 472 8 THERE WAS NO DOUBT that President Reagan would use his veto powers to stop the Jenkins Bill, but the relief at his action was none the less real for all that. It made economic and political sense particularly at a time when many developing countries are locked
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    • 292 8 Dear Sir, I was indeed surprised to read of Dutchman Adriaan Schrikker's prediction that the Straits Times Industrial Index could drop to 490 points. Out of curiosity, I spoke to a friend who attended the two-and-a-half hour talk at OCBC Centre. He expressed his sheer
      292 words
    • 1291 8  -  Letters to the Editor Blame must not fall squarely on brokers alone Donald F H Sinclair Dear Sir, The recriminations and repercussions of the forward contract fiasco will continue for a long time to come but the important thing to do now is to put the
      1,291 words
    • 1072 8  -  Japanese investment firm Nikko wants primary dealer status in the US securities markets. The firm is pushing hard but there are stiff Fed investigations before the battle is won, says TERRY DODSWORTH. TERRY DODSWORTH FT IN A 37TH-FLOOR EYRIE overlooking the glamourous
      FT  -  1,072 words
  • Page 8 Advertisements
    • 218 8 <-<u? CP CP Live-Band Music Non-Stop Dancing Charming Hostesses Gracious Service O^r r a rppS P'" \o^ s cv 14 0 s »SV' ""sjjErsss™''' Office Nite-Chi6 Lounge 1, Claymore Drive. #02-11 Orchard Tcwer(Rear Block) Singapore 0923 Tel *****26 w >Diner« With 5* fc* And how it all begins... Diners of
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    • 123 8 MONTBLANC THE ART OF WRITING „MEISTERSTUCK U 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
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  • Page 8 Miscellaneous
    • 692 8 mmfrwzmtmzMis CRYPTIC PUZZLE ACROSS 4 Vituperoe for being evHheorted (6) 7 Where to get a from or a towel, possibly (8) 8 Bar girl with nothing on (6) 10 The chorocter of o mme entrance (5) 13 Check the water (4) 14 The ring of goodness (4) 15 Force out
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  • SPORTS
    • 542 9 Body Language OSTEOPOROSIS is the end result of the gradual thinning and increased porosity of bones. This process occurs naturally with age, but can be speeded up or slowed down in many ways. Osteoporosis is painful and disfiguring. As the bones thin
      542 words
    • 486 9  -  By WALTON MORAIS WITH SQUASH in Singapore buoyed by the Republic's glorious sixth-place showing in the world championship earlier this month, today's official opening of the West Coast Recreation Centre is quite apt. Located on a governmentdesignated recreation area next to the Clementi Sports Stadium and
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    • 901 9 UPI AMONG OTHER THINGS the well-known Spanish philosopher Severiano Ballesteros knows when to come in out of the rain, and since it rained almost every minute of the US Open week List June, he spent a lot of time indoors. During one of
      UPI  -  901 words
    • 288 9 VINCENT LEE fired a courserecord two-under-par 68 to win the Waterman Pen Junior golf championships by 13 strokes at Warren yesterday. Trailing overnight leader and younger brother Kevin by one stroke, Vincent holed five birdies and dropped three strokes to break his own course-record 70
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    • 376 9 UPI MATS WILANDER and Stefan Edberg, the two finalists in the Australian Open 10 days ago, will play the singles in this weekend's Davis Cup final against West Germany, Swedish officials announced on Wednesday. Edberg, who beat Wilander in the first all-Swedish Grand
      UPI  -  376 words
    • 104 9 AP TRACK STARS Steve Cram of Britain and Mary Decker Sianey of the US were chosen as International Sportsman and Sportswoman of 1985 by the sports writors of the Associated Press in Europe. Cram had a sensational season, smashing three world records the 1,500 metres, mile and
      AP  -  104 words
  • Page 9 Advertisements
    • 208 9 Motioncraft Mountain 12 speed (Japan) $550.00 Now $475.00 15 speed (Japan) $650.00 Now 575.00 Motioncraft Racing Bike 10 speed $245.00 to $1200.00 Taiwan Mountain Bike $250.00 Now $195.00 And many other Brands 10 speed Racing Bikes from (Taiwan) $135.00 (Italy) $2400.00 12" BMX Bike 65.00 Now $50.00 16" BMX Bike
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  • Page 9 Miscellaneous
    • 1099 9 Paul Eddington (left) and Nigel Hawthorne in this hilarious and mind blotting comedy YES MINISTER Party Games 9.00 pm, Channel 12 This is one of the more enjoyable and intellectually stimulating comedy around, so don't miss it. To Jim Hacker, the Christmas party at the Administration Affairs Ministry is a
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    • 1 9 IBriStOOTF&nldfcckac
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  • RAW MATERIALS
    • 389 10 Beijing cracks down on illegal exports Reuter CHINA is cracking down on illegal exports of tin and will support efforts to resolve the current global tin crisis. Western diplomats and traders said the country's tin exports, both legal and illegal, contributed in a
      Reuter  -  389 words
    • 98 10 AFP A NEW OIL DISCOVERY has been made in the Uadar district 1,000 km (about 600 miles) south-west of Algiers. Algerian officials have announced that oil was found at a depth of 600 metres (about 2,000 feet) by the Algerian state enterprise Enafor. Initial evaluation
      AFP  -  98 words
    • 198 10 Reuter THE THAI TIN MARKET remains in the doldrums in spite of a decision by the Mineral Resources Department to post a daily price. Industry sources said the department, which began posting a price on Tuesday to help fill a gap left by the closure of
      Reuter  -  198 words
    • 193 10 Bernama DISEASES account for 20 to 80 per cent yield loss in the pepper growing industry in Sarawak which accounts for more than 94 per cent of Malaysia's total pepper production. A national pepper conference has been told that in many
      Bernama  -  193 words
    • 296 10 SINGAPORE The market closed slightly higher yesterday with January One RSS buyers quoted at 154.00 cents per kg, up 0.25 cent from Wednesday. The morning session ended steady, after fluctuating narrowly on some buying support and profittaking in quiet trading. Prices were little changed in quiet afternoon trading on
      296 words
    • 330 10 RAS prices in S cents/kg, FOB m b a lei NOON CLOSE Buyers Seller* Buyer* Seller* Int 1 RSS Prompt 154 00 I55 00N 154 00 155 00N Int 1 RSS Jon 86 154 00 154 50 154 00 154 50 Int 1 RSS Feb 86 154
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    • 13 10 KL TIN CtoMng prices on D«c 19 (M$/kg) Price Turnover (tonnes) Suspended Suspended
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    • 105 10 (cents/kg, 1-ton pollers) FEB 86 (current month) (forward month) RAS NOON NOON Kuytn Sdlcn Buyers Sellerj SSR 20 151 00 153 00N 151 50 153 50N SSR 50 149 00 151 00N 149 50 151 50N MRELB Buyers r j Buyers Sellers SMR CV 212 50 214
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    • 261 10 SOYBEAN FUTURES on the Chicago Board of Trade eased to close mostly lower on Wednesday, ranging from down 3V« US cents per bushel in January to up V* in new crop. January settled near the bottom of an eight-cent range at $5.22'/«. Continued dry weather in Brazilian soybean producing
      261 words
    • 104 10 block FOB NLW 892 50 Sarawak Asta block FOB NLW 992 50 Lompong black FOB Asta NLW 992 50 Coffee API FOB NSW 680 00 AP2 FOB NSW 635 00 EK1 FOB NSW 660 00 Robusta 20/25% FOB NSW 630 00 Nutmeg MO FOB NSW ***** E&W FOB
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    • 275 10 WHEAT FUTURES on the Chicago Board of Trade eased on Wednesday after trading mixed most of the day, closing on or near the lows, down 6'/i to IV4 US cents per bushel in improved trade. March settled at $3.38'/« after posting an eight-cent range on the day. CAD Commodities
      275 words
    • 273 10 Singapore (SS/kito, ei-^odown) Fragrant new crop 1st 074 2nd 056 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-super no stock Special 046 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled Rice 5%
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    • 165 10 LATE COVERING helped the Malaysian crude palm oil market yesterday to close off lows in spite of early selling in anticipation of a further fall in Chicago soybean futures. Trading was quiet with operators cautious over Pakistan and India's weekly tender yesterday which failed to boost sentiment. December
      165 words
    • 595 10 COFFEE Robusta futures continued to be highly volatile throughout Wednesday's afternoon session as New York opened sharply lower and then moved sharply higher before drifting back again. London finished the day with gains of £17 to £10 a tonne in active business, with second position March trading between
      595 words
  • Page 10 Advertisements
    • 27 10 f Riggio Tobacco Corporation of New York is pleased to announce the following recommended consumer price for Lexinqlon FILTER 20s pack $2.00 10s pack $1.00 ■<vi -V
      27 words
    • 553 10 NOTICES ADVERTISEMENT FOR CREDITORS IN THE MATTER OF THE COMPANIES ACT, CHAPTER 185 AND IN THE MATTER OP COSA NOSTRA TRADING (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the above-named company which is being wound up voluntarily, are required on or before
      553 words

  • SHARE INFORMATION
    • 4413 11 HIT BY A CONTINUOUS wave of selling, share prices on the Singapore stockmarket plunged yesterday. Both the major market indices were taken to new lows. The BT Composite Index plummeted 16.36 points to an all-time low of 522.71. Yesterday's BT Index is
      4,413 words
    • 270 11 SINGAPORE Rises Indicts Both Inds SO< 158 J C Em 100 Morrisons Muo 273 FILS 178 Falls FAN 520 DBS 472 Weornes 260 SIA 444 N S T 600 M Breweries 510 Peok Hue 255 C A S H 50« 183 TOM 210 OCBC 720 OuH De»
      270 words
    • 3603 11 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".
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    • COMPANY MEETINGS
  • Page 11 Advertisements

  • INTERNATIONAL STOCKS
    • 435 12 Reuter APPLE COMPUTER INC, which on Wednesday predicted record first-quarter fiscal 1986 earnings, has weathered its crisis, restructured its operat}ons and is poised for solid expansion next year. Its president and chief executive officer, John Sculley, said: "We want to remove any doubts
      Reuter  -  435 words
    • 338 12 Reuter THE NEW YORK stock market ran into more turbulence on Wednesday and closed lower for the second consecutive session. Analysts said profit-taking after spectacular gains over a three-month period was the main culprit. They also blamed a weaker bond market. Stocks have
      Reuter  -  338 words
    • 125 12 DCC IS AMh C$ 17*8 unch Imp Oi Inco Int Prow Pipe kit Ut* 52* 18 42* 20 Ale on 15* AJgomo Lobtow B 23* Argocn HkJgs unch .1 Mauey Fetg 2* 14* Mc Bodel 23* Mohon A 19* Moor* Cp 28* Noranda unch Norondo Mn 16 Conpoc 18*
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    • 185 12 D6C 11 620 toad Wookrorlh 1250 -10 MMJSTtlALS MJMMGS A Atpho tfMO 35 Abarcom 183 2 inonmh AE And O 915 45W •10 BKvoocs 1615 -10 525 AZSTT. 3425 unch Chortaf 1020 1300 2400 5 •25 Cora Gold 2275 inch CNA 190 inch 1540 -10 Cum* Fnance 425 unch
      185 words
    • 631 12 dcc ia US$ AJcon Alurrwi 29*4 Alcoa 39* Alegheny Lud 19 Abed Chem Cp 46* B AM Store* 69 -1* Afc*-Chalmer* 3* Am Brand* Inc 64 "s Am Broodca*t 120* Am Can Co 61* unch Am Cyanamid 58 Am Elec Pwr 24*, L»>ch Am Express 53* Am Home
      631 words
    • 852 12 Amsterdam occ ia Fb ABN 567 00 10 AhoM 7700 II 139 30 32 AMEV SI 80 08 ***** 3 5 Boh z Boikata Bur T.t C aland D«t M, Eh*VMT 178 00 5 5 Fah 5220 2 7 Fokkar 74 70 -0.3 ***** 06 271 50 8
      852 words
  • Page 12 Advertisements
    • 546 12 ;`=.:""~-.<)_(}\><&\._/*]'(})]? International Buffet Fashion Fare At: $10.50* ONLY U f vr. #r FT V FERN TREE CAFE The Fare: Besides a sumptuous international buffet, come and savour our air-flown oysters from New Zealand at $1.25 per piece. Daily from 11.30 am to 2.30pm. The Fashion: A delicious romp into the
      546 words
    • 151 12 London stocks on Pag* 15 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 ®PMNCE HOTEL
      151 words

  • ASIAN STOCKS
    • 420 13 HONGKONG: Share prices yesterday closed little changed after a short-lived rally in late morning, brokers said. Stocks rose on a radio report saying Hang Seng Bank is negotiating to acquire a major stake in Wing On Bank, a wholly-owned subsidiary of Wing On (Holdings) Ltd. However, the financial adviser
      420 words
    • 237 13 DEC 19 AM Sincere Indus Atta Cement NT 2 39 23 30 28 70 unch unch 0 2 Nan Y a Ptas Pocrfic Cons Pocrftc Elect Wire Paotung Paper 29 80 1580 13 15 0 75 14 70 -0 1 -03 0 1 -0 01 -0 1 Chang Hwa
      237 words
    • 434 13 TOKYO: Prices yesterday rose in the last hour after falling at midday, but trading was moderate and selective as the market continued to lack clear direction. The market average rose 12.69 points to 13,115.03 on a turnover of 350 million shares after falling 26.60 on Wednesday on 320 million.
      434 words
    • 67 13 DCC 19 fun Oriental B Phdex B Pic op B 0013 0 14 unch -0 005 unch 0008 -0 0005 Alios Con B 10 1 Bogura GoW 0001 unch Bowc Petroleum 0 003 unch San Miguel B 1650 unch Benauet Coo B CDCP 0 006 0 0005 First PtW
      67 words
    • 365 13 SYDNEY: Stocks yesterday closed slightly firmer in dull trading after weaker commodity prices overseas depressed a market hoping for a pre-Christmas rally, brokers said. At the close of trading, the All Ordinaries Index had gained 0.6 to 986.7, the All Industrials Index put on 1.0 point to 1,456.1 and
      365 words
    • 73 13 DEC 19 Won 738 +2 Hyundai Const Hyundai Motor.... KAL 1119 1761 600 39 -70 -15 703 -5 766 +6 Commercial Bk 746 591 -4 -5 Yukong 1680 381 45 -6 560 760 -5 Daewoo Ind 1056 560 13 Samsung Co 720 1154 +5 14 870 754 187 20
      73 words
    • 132 13 BANGKOK: The Securities Exchange of Thailand Index shed 0.83 point to 134.10. Turnover amounted to 135,831 shares valued at 22.3 million baht. DEC 19 Sokts Siam Citizen S>am City 57 418 1 -18 Asm F Axe Ayuthoyo Inv 105 -1 South Ana Fixe Bangkok Aground T ho Lonvncrciol 470
      132 words
    • 76 13 Reuter C ITOH and Co says group sales in the second half of its current fiscal year, ending March 31, will be lower than the first half's because of the yen's rise. But sales in the whole year will be higher at around 15,700 billion
      Reuter  -  76 words
    • 238 13 AP IBM JAPAN has launched a joint venture with Japan's largest telecommunications company and deepened its role in a sector that US officials have called a test of Japan's willingness to open its markets wider to foreigners. Nippon Information and Communications Corp, capitalised
      AP  -  238 words
    • 234 13 Reuter TOYOTA MOTOR CORP expects to produce 3.63 million vehicles next year, down one per cent from a projected 3.66 million this year which is up 7 per cent from last year. Toyota president Shoichiro Toyoda said that of the 1986 total, 1.9 million will
      Reuter  -  234 words
    • 97 13 Reuter THE MANAGEMENT group for Cheung Kong (Holdings) Ltd's HK$l billion commercial paper facility has been formed. Discounted bills of exchange of one-, two- or three-months maturity will be issued under the threeyear facility, which will be used as Cheung Kong's general working capital. The deal
      Reuter  -  97 words
  • Page 13 Advertisements
    • 566 13 jhESSS«£ m .\SK w r r* IS ir.fi -z,r J tS4*' AtaS./ fir r i; V' ft- v. •X M -J": k ;w&?<sr r Z&XXh: /i e* A A 4' jv 53! G i 1111; a Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting
      566 words
    • 162 13 A sign of good service For details write to Lombard North Central PLC. Banking Services. Dept 510 17 Bruton Street London WIA 3DH England Telephone 01-409 3434 averv PROFESSIONAL manager t "mim mm (MlnstPM) s and trainees (PMI DWication Form *1 r A HOUSE, P.O. BOX 418, JERSEY. B Tataphona:
      162 words

  • COMPANY NEWS
    • 455 14 MALAYSIAN conglomerate Sime Darby Bhd is set to proceed with its partial takeover of Perth-based Mortlock Bros Ltd following approval from Mortlock shareholders at a meeting held on Monday at the crucial stage of the bid. Sime Darby said it has now received
      455 words
    • 532 14 SHARE PRICES closed sharply lower across the board in listless trading at the Kuala Lumpur stock market yesterday as sellers exerted their pressure from the opening bell. Even blue chips were affected and most recorded hefty losses. Speculative counters which attracted the most
      532 words
    • 234 14 THE FIRST PACIFIC group of Hongkong is to transfer 60 per cent of its holding in Promet Petroleum to its latest listed vehicle, the former Wheelock Maritime International. This again highlights the growing Malaysian business interests in Hongkong. Promet Petroleum, which
      234 words
    • 3346 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. NJUSTRMLS AMD (—>(6)3 92(11)4 00 Akom (0 656 0 70S)
      3,346 words
    • 267 14 Monogers' prices for Dec 20 Singapore Unit Trust The Commerce 112 1 19 The Savings Fund 0 90 0 95 S'pore Prog Fund 0 46 0 49 S'pore Sec Fund 0 72 0 76 S'pore Invest Fund 0 59 0 63 S'pore Equity Fund 0 50 0 53*
      267 words
    • 101 14 HONGKONG Wednesday» 1454.8 Week ogo 1451.3 Hang Seng Index Thursday 1726 05 NEW YORK Wednesday 1726 94 Week ago 1740 40 Dow Jones Wednesday 1542.43 TOKYO Tuesday 1544.50 Week ogo ******0 Nikkei Average Thursday *****.03 Wednesday *****.34 Standard Poors Week ago *****.28 Wednesday 209 81 Tuesday 210.65 TSE
      101 words
    • 585 15  -  By RAMESH CHANDIRAMANI NEGOTIATIONS are currently underway in Hongkong for the rich and powerful Hang Seng Bank group to acquire a majority stake in the smallish and struggling Wing On Bank Ltd. Trading in the shares of Wing On
      585 words
    • 561 15  -  Das to remain managing director until March By NAJEEB JARHOM THE BOARD of directors of Intraco Ltd, at its special meeting yesterday, has accepted the resignation of Mr S Chandra Das as managing director of the national trading company. But a terse
      561 words
    • 367 15 Bernama MALAYSIAN Finance Minister Daim Zainuddin is not a shareholder of Roxy Electric Industries (M) Bhd, which controls the Development Commercial Bank, Roxy managing director Senator Alex YL Lee said in Kuala Lumpur yesterday. Denying a report in the latest issue
      Bernama  -  367 words
    • 523 15 UNICO HOLDINGS Bhd, which had earlier agreed to buy into Mr Tan Koon Swan's flagship, Grand United Holdings, is now more keen in acquiring a stake in its associate, the well-diversi-fied Supreme Corp Bhd. Sources in Kuala Lumpur say Unico has asked two merchant
      523 words
    • 858 15 THE MARKET yesterday opened mostly higher in moderate volume, in continuation of Wednesday's firm trend, dealers said. At 0945 GMT the FTSE 100 index was 5.1 up at 1383.9. Grand met rose 22p to 388 after better than expected annual results and a one for ten capitalisation issue.
      858 words
    • 120 15 Reuter THE BROKEN HILL Pty Co Ltd, will announce today record earnings for the half year to Nov 30 of between US$5BO million and $600 million, stockbrokers' analysts said. Increased oil flows from Bass Strait and an improved steel division result will be
      Reuter  -  120 words
    • 119 15 STOCKBROKING FIRM J Ballaa A Co Pte has clarified that none of its directors is involved in any way in the fast food joint venture Yazawa Family Restaurant. The latter is set up by QAF Ltd, Mr Masamichi Yazawa, the former managing director of Kentucky Fried Chicken (S)
      119 words
  • Page 14 Advertisements
    • 155 14 This announcement appears as a matter of record only mas malaysian airline system MALAYSIAN AIRLINE SYSTEM BERHAD (Incorporated in Malaysia under the Companies Act, 1965) OFFER FOR SUBSCRIPTION of 70,000,000 new ordinary shares of Msl.oo each at Msl.Bo per share OFFER FOR SALE of 35,000,000 ordinary shares of Msl.oo each
      155 words
    • 10 14 M onagers ust anage BT shows you how every Monday.
      10 words
    • 58 14 NATIONAL UNIVERSITY OF SINGAPORE Presents Public Lectures on The Nature And Constituents of Textual Structure SIR RANDOLPH QUIRK (iYesident, The British Academy) Lee Kuan Yew Distinguished Visitor TODAY'S TOPIC (Friday, 20 December 1985) STRATEGIES OF BEGINNING Venue Lecture Theatre 13, Kent Ridge Time 5.30 pm All ARli liiCOMli .-himission A
      58 words

  • Page 15 Advertisements
    • 129 15 CHANGE OF TRANSFER OFFICE As of 23 December 1985 our new address and telephone number will be: 10 Collyer Quay #21-01 Ocean Building Singapore 0104 Tel: *****7. As of the same date the transfer offices of the following companies of which LIM ASSOCIATES (PTE) LTD is the Share Registrar will
      129 words
    • 235 15 <€ I I I I x\ The Centurion Executive 18 karat gold, stainless steel, with or without diamonds Quartz Water-resistant With sweep-second hand day and date CONCORD. THE NAME IS A LEGEND, OWNERSHIP A PRIVILEGE. Singapore Authorised Dealers Asia Watch Centre Cortina Watch Centre Chew Cheong Jewellers Roy Eastern Watch
      235 words

  • 136 16 AP THE VETO of a US bill to limit textile imports from Asia and Brazil is "good news" for free trade, but may have repercussions, especially on US-Japan relations. Mr Glen Fukushima, the director of the US Trade Representative's Office of Japan
    AP  -  136 words
  • 105 16 Bernama ONE OF THE two Malaysian bankers wanted in Hongkong over the M 52.5 billion Bumiputra Malaysia Finance loans scandal has begun legal action to stop the gathering of evidence in Kuala Lumpur for use in moves to extradite him from London. Datuk Mohamed Hashim
    Bernama  -  105 words
  • 68 16 Reuter SONY will be shipping fewer video tape recorders, colour televisions and cassette recorders overseas next year. Instead, it will be making more goods in its overseas factories because the yen's strength against the dollar has raised the cost of production for export in Japan
    Reuter  -  68 words
  • 589 16  -  Shell company to hold Chinese contracts being considered By LISA LEE THE POSSIBILITY of salvaging some of the Chinese business won by Active Building and Civil Construction before it collapses is being examined by liquidators Peat Marwick Mitchell. Despite the company's problems in Singapore,
    589 words
  • 319 16 IT WAS A KHOO COUP at this year's Max Lewis Awards for contributions to advertising in Singapore. The 1965 gold medal went to Mr Vince Khoo, the executive chairman of Adcom Grey and the silver medal of merit to his brother Mr Victor Khoo, the
    319 words
  • 268 16  -  By JUNE LIM BAD WEATHER at one of the world's largest tanker laid-up anchorage this week has provided a boost for the business of Selco Salvage. Its tug boat Sal vigilant swung into action when poor weather caused the mooring lines between ships to snap.
    268 words
  • 177 16 Reuter OIL MINISTER Qassem Ahmed Taqi said in an interview published yesterday that Iraq would ignore its "unjust" Opec output quota and produce as much oil as it wants. He also told the government weekly magazine Al-if-Baa that the Organisation of Petroleum Exporting Countries
    Reuter  -  177 words
  • 114 16 Reuter JAPANESE INVESTMENT trusts can now invest in the Singapore and Kuala Lumpur stock markets. The Japanese Finance Ministry said yesterday the two markets are among 19 new markets which have been approved for investments by investment trusts. The other 17 markets
    Reuter  -  114 words
  • 535 16  -  By GOH YEE LING RESTAURANTS received a definite boost from Merlion Week, which ended on Sunday, but hotel room occupancy was hardly altered. This was the verdict on the festivities designed to benefit the tourist trade. Hoteliers interviewed by BT generally approved of
    535 words
  • 171 16 UPI IRWIN SCHIFF, the author of the best-selling book How Anyone Can Stop Paying Income Tax, has been sentenced to three years in prison and fined US$3O,OOO for tax evasion. However, the US district court in Hartford, Connecticut, allowed him to enter a hospital
    UPI  -  171 words
  • 92 16 THE GOVERNMENT is acquiring some pieces of land under the Land Acquisition Act for urban redevelopment. According to a Government Gazette Extraordinary yesterday, these pieces of land located in the district of Singapore Town total about 13,063 sq metres. There are about 30 lots of land
    92 words
  • 72 16 COMEX GOLD FUTURES yesterday improved on Wednesday's rally, with gains in the morning of more than US$2.OO an ounce on buying by a major fund account. Gold for February delivery added $2.20 at $329.50 an ounce, which penetrated Wednesday's high of $327.60. Comex silver futures firmed
    72 words
  • 62 16 Reuter THE US stock market yesterday turned mixed in early trading with more stocks losing than gaining. The Dow Jones industrial average was up one point to 1543. But broader indicators were lower and declines led advances by a narrow margin on a turnover of 12.92 million
    Reuter  -  62 words
  • LATE FILE
    • 48 16 AFP THE INDONESIAN government has given about 700 products protection to help the industries compete against foreign products. This was because most domestic industries were still in early development and thus uncompetitive against those from more developed nations, the Indonesian parliament was told yesterday.
      AFP  -  48 words
    • 56 16 Reuter THE FLEDGLING ethnic party, the Assam People's Front (APF), yesterday pulled ahead of Rajiv Gandhi's Congress (I) party as results trickled in from Monday's election. It has won 48 of the 86 seats declared, but was still 16 short of a majority in the
      Reuter  -  56 words
    • 44 16 Reuter THE REAL capital spending by US businesses is expected to fall by one per cent in 1986 to U*****.35 billion after adjustment for inflation, according to a survey taken in October and November, the Commerce Department said.
      Reuter  -  44 words
    • 49 16 UPI A 40-YEAR-OLD woman, whose name was not revealed at her family's request, became the world's first female artificial heart patient yesterday, receiving a smaller version of the Jar-vik-7 pump designed for her chest cavity, officials at the Abbott Northwestern Hospital said. UPI
      UPI  -  49 words
    • 53 16 AP JAPAN'S Prime Minister Nakasone may carry out a long-expected reshuffle of his Cabinet on Dec 30. Mr Masayuki Fujio, the chairman of the ruling Liberal Democratic Party, said the reshuffle would come one day after the government presents its draft budget for the fiscal year
      AP  -  53 words
    • 37 16 Reuter MALAYSIA will give no special preference to a clemency plea by Australia for two Australians sentenced to hang for drug smuggling, Deputy Prime Minister Datuk Musa Hitam said yesterday. Reuter
      Reuter  -  37 words
    • 31 16 Reuter HEAVY CLOUD cover over the launch site yesterday delayed the blast-off of the US shuttle Columbia, whose sev-en-man crew had already suffered one 24-hour postponement. Reuter
      Reuter  -  31 words
    • 45 16 Reuter INDIA began an overhaul of its tax machinery yesterday with a promise not to raise income tax for the next five years. Finance Minister Vishwanath Pratap Singh said his long-awaited tax strategy would help to boost industry and employment.
      Reuter  -  45 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 51 16 mssasm Outlook for todoy: Cloudy with occasional showers. Report for 24 hours prior to 7 30pm on Dec 19 at the airport: Maximum temperature 27.6 Associated humidity 81 Minimum temperature 24.3 Associated humidity 96 Hours of sunshine 0.00 Rainfoll in millimetres 2.1 Rainfall this month 235.7 Roiny days this month
      51 words

  • SHIPPING TIMES
    • 103 17 THE HONGKONG Shipowners' Association has voted in a new executive committee chaired by Mr Kenneth Lo, managing director of Teh-Hu Cargocean Management. Dr Helmut Sohmen, senior vice-chairman of the WorldWide Shipping Group, is now deputy chairman. Vice-chair-man is Peter Thompson, a senior partner of the law
      103 words
    • 436 17  -  By G DURAIRAJ THE WORLD BANK has asked a number of international consultants to send in fresh proposals for the proposed Malaysian national ports study. Eight consulting firms have been prequalifiea, with the government making the final choice. The first
      436 words
    • 401 17 ISRAEL'S national flag line, Zim, expects to consolidate its financial recovery next year in spite of a sharp deterioration in conditions on many of its major trade routes. Managing director, Mr Matty Morgenstern, is finalising a budget for 1966 which anticipates a
      401 words
    • 250 17 Opecna NIGERIA EARNED about US$22 million from bunkering between July 1984 and June this year, the Nigerian National Petroleum Corporation (NNPC) said. Of the total, some $13 million representing bunkering of foreign vessels had been repatriated to Nigeria, the corporation stated. It said Nigeria's five
      Opecna  -  250 words
    • PORTSIDES
      • 60 17 Reuter THE JAPAN/India-Pakistan-Gulf/Japan Conference said it is raising extra risk insurance charges to non-Iranian and non-Iraqi Gulf ports to 3.5 per cent from 3 per cent, effective Dec 25. It is raising the charge for shipments to Iranian ports and Iraqi ports to 4 per cent minimum
        Reuter  -  60 words
    • 1149 18 IRON ORE, COAL and time-charter business comprised the bulk of another slack day's chartering on the London shipping freights market on Wednesday. Rates registered little change but the general pre-Christmas mood was inclined towards weakness. Sidermar fixed the Kohwa Maru from Port Cartier to Taranto with a 110,000ton
      1,149 words
    • 967 18 Renewal season starts again for P I Clubs Fairplay THIS IS TRADITIONALLY a busy time of year for the P&I Clubs. It is perhaps halfway into the renewal season, since preliminary negotiations are normally under way by September/October (and often earlier) in preparation for the Feb 20 renewal date. And
      Fairplay  -  967 words
    • 350 18 FT A BANANA workers' strike in northern Honduras is spreading to other sectors and threatening to paralyse the country. Five thousand dock workers at Honduras' main port of Puerto Cortes joined the two-week-old strike on Wednesday, stopping all movements through the port. Workers at
      FT  -  350 words
    • 872 18 A Top Ent X 2 AB Shpg V 5 Accord Shpg X 2 Ateo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 American Pacific IX 5 Anro Service IV 3/4 Antah Orient X 5 Arrow Lines X 5 Atlas Lines X 4 ANIL 1
      872 words
    • 233 18 NEDLLOYD WILL establish its own agency, Nedlloyd UK Ltd, to handle its liner services to and from the UK from Jan 1, 1986 The move follows the group's policy of setting up its own sales and marketing organisation in the
      233 words
    • 180 19 TMR/ITN THE UNITED STATES Customs has rescinded its former policy requiring a redball Customs Service seal on cargo containers. An order from the Customs' Office of Inspection and Control noted that the service "will honour a foreign high-security seal, provided that the seal number is
      TMR/ITN  -  180 words
    • 579 19 Lloyd's List AN INQUIRY INTO THE takeover of a controlling interest in Lykes Bros Steamship Co by Totem Resources (TRC), the parent organisation of a US cabotage operator, has been requested by Waterman Steamship Co. Both Waterman and another company, WFI Industries of
      Lloyd's List  -  579 words
    • 309 19 Seatrade Week REPRESENTATIVES OF the private Tung Group have been approaching Japanese shipbuilders since the middle of last week to reschedule deliveries of bulk carriers on order. Proposals put by Tung differ according to the type of ship and whether Tung or
      Seatrade Week  -  309 words
    • 189 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
    • 129 19 WEST GERMANY'S OTV trade union, which represents public service, transport and communications workers, has urged the Bonn government to take positive action to stop the decline of the West German tanker fleet. The sale of one tanker after another, said the union,
      129 words
    • 705 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.
      705 words
    • 3680 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.
      3,680 words
    • 708 25 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Voy dote/time Operator cargo schedule Location Namg Glory Tahah Air Maria Brave Eagle Ntaga 42 HK Express Albert Ms Tambang VII Helene Del P Van Buren Anson Tohgo Maru Sin Bhum M Mango
      708 words
    • 533 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure l&r 1 K25E SSPL alongside 20 12/1500 Anderso K10 Jardme alongside 20 12/2359 Berlin K36 Trasn Or alongside 20 12/1100 Equator 5 K23 Thong Soon alongside 20.12/0400 Noble Stor K16 Borneo alongside 20.12/1930 Raven Arrow K09 Jardine alongside 20
      533 words
  • Page 17 Advertisements
    • 801 17 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 522.00. THE BOOKSHOP *ikr Oment Overseas Codeine* Line Agents: u mm. SHPfM MENCES (I*l N> 242K4/00R) wrRTVfi Shentoa Way #0403 Marina Hous* Smjjpoff 0707 LX££J
      801 words
    • 64 17 THIS IS TRADITIONALLY a busy time of year for the P&l Clubs and is perhaps halfway into the renewal season. Pag« II AN INQUIRY INTO THE takeover of a controlling interest in Lykes by Totem Resources has been requested by Woterman. Page 111 Index to advertisers London freight 11 Consortia
      64 words
    • 1363 17 Jn Search d EXCELLENCE C.- H ''I J9 <? e rh This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense TIMES THE BOOKSHOP MAERSK LINE HHP YPUB APPIES FRESH SKiiKn 10/ FASTEST TRANSIT DAYS Feeder
      1,363 words

  • Page 18 Advertisements
    • 247 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Wast Faadar at Tokyo Faadar at Koba Atlantic/Canada Faadar at Koba Vay TOHGO MAMJ Ml/ TO* MY *27, TOKYO BRDGE *02 OASIS M.TMH *02, t Aha Kccptanf cirp la Doha t Abu Dhabi N YORK SA* SO#
      247 words
    • 275 18 ».I=KH Supercarrier Service Bvwi Bio* S* n ROCKSTU BARBER KCTOR N ROTTERDAM NEXT ARRIVALS BARBER TAMPA 15/1?. N ROUEN 7/1 BARBER TEXAS 7/1 N ROSARIG 27/1 BARBER PERSEUS 27/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BAKSFR TAT BARKR TEXAS Aha acceptng can«rs lor Houston (MLB). Francisco Oakland.
      275 words

  • Page 19 Advertisements
    • 736 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited CONTAMERSMP SERVICES TO/FROM BANGKOK CONTAINERSWP SERVICE TO UK/CONTINENT HOME KONG EXPRESS BEWILDER cm OF EDMBUtGH FRANtFURT EXPRESS HAMBURG EXPRESS OSAKA BAT KASUGA MARU BENAVON KOW.OON BAT cm or
      736 words
    • 473 19 NOTICE MALAYSIAN INTERNATIONAL SHIPPING CORPORATION BERHAD ii^co'DO f ate<3 Ma»avsia» ANNOUNCEMENT Malaysian International Shipping Corporation Berhad and MISC Coastal Services Sdn Bhd wish to announce that with effect from Ist January 1986 all business transactions of MISC Coastal Services Sdn Bhd will be undertaken by Malaysian International Shipping Corporation Berhad.
      473 words
    • 263 19 Franco Be/aian Services (MEMBER OF ACE CONSORTIUM) I ,r I ,i»i tr. h <. rn, ,lh It. 1.1 r t rn m.--' cqntawr sawa from eukok fSw Ham if Hirer Ant Rdam Hbur[ B'Haren A «erp LeHavrt P RMn| S port It tan II tan II tan 21 tan CD
      263 words

  • Page 20 Advertisements
    • 397 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 S'pore PKelmf Penant leioesßAao Getwa Mxm Rdam Bhiren A werp Konkar Thettn 27/12 31/12 25/1 2/2 en rounus 10/1 12/1 14/1 10/2 14/2 *1 Mubarakiah 25/1 2S/1 30/1
      397 words
    • 396 20 M S LINE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ M mbef ce Como,lMm S pore PKHanj LeMnre R dam H <*»l An»«en> 2S 1? (23 12) 13 1 1* 1 1 18 I 21 1 I 1 (30/1?) 20 1 21 1 2i 1 25 I 28-1 8 1
      396 words
    • 663 20 Hai Sun Hup Co (Pte) Ltd A"*",' TEL: *****06 (20 Lines) TLX R*****1 R*****2 Xs\ KASTKKN Ali I.INKB. I.TI). Specialist in RO/RO Service Accepting heavy-bits upto 80 K/Tons Sailings from Japan V«M< 0S« GRANDE VI RfGfNT KAWAS VI SOUTICRN CROSS Vtt PMNCE MARU NO t ¥7? StKI NAGOYA *36 S
      663 words
    • 939 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) EMR GOMRN 25/12 29/12 1/1 4/1 S/l 7/1 EMR GLORY 2/1 J/1 7/1 J/1 12/1 14/1 15/1 (MR GIFTED 10/1 14/1 15/1 17/1 20/1 22/1 23/1 (MR GI(AMY 18/1 22/1 23/1 25/1 2S/1 30/1 31/1 EVER GRAM) 25/1 20/1 30/1 1/2
      939 words

  • Page 21 Advertisements
    • 508 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 MID. S.E.A. CONTAINERS PTE LTD. (FULL CONTAINER SERVICE) BANGKOK SERVICE EVERY TUES, THUR, SAT, SUN MALAYSIA SHIPPING CORPN SDN. RHD, FULL CONTAINER SERVICE. VESSEL KOTA MACHAN 07E KOTA MACHAN 08E KOTA MACHAN KOTA MACHAN 8602 P.GUOANG KUCHING
      508 words
    • 906 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT City of Sited Mmo Maru Sated H«ntk«( Eipress Sated Osaka Bay Sated Kasufa Maru 1? Benaron 4/1 Honjkonf liprni 11/1 Kootoon Bay 14/1 Benalder 19/1 B HAVEN R OAM SjM SJM Sited Sated Sated Sated 20/12 21/12
      906 words
    • 774 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE lUH TQiO in II UK KMM Ml SfQB WiVMI M;l H;IJ Ml? It l(/i; IJII/1? U 14/1? U 17/1? ?1 ?1 1? am m* v m i? ?i/i? n i? ?i/i? m i? i n S PORE TO
      774 words
    • 618 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPINC CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Keiang Phashwegyawywa V26IW 28/30 Dec lofta* VIO6M 27/28 Dec Pa an VB9H 29/31 Dec Pajan V94# 31 Dec/2 Jan 23/24 Dec BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT MEADOWBANK IVYBANK SPORE R'DAM 21 Dec 17
      618 words

  • Page 22 Advertisements
    • 1103 22 I SA CANADA ATLANTIC COAST (Round The World Service) K LINE KAWASAKI RISEN KAISHA. LTD. NEPTUNE CONCORD VOB ORIENTAL DIPLOMAT V? 4 NEPTUNE PEARL V 53 ORIENTAL MINISTER V 23 PACIFIC COAST (Including DESTINATIONS INLAND via IPI Ml( KOKKIIMiK Si MINILAND BKIIHiK) FEEDER ASIA STAR V 43 WHORE BRIDGE V5l
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    • 589 22 i/teAUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* PHflanf! 11 inn Vessel S p»ir I lAelt> hem Sydn Alv Aiiepts INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Kelang Penang loading lot loading tof Mjdrat B deih Hatta Calcutta m*m B dMh HaUu Calcutta Mitt is B dnh Hatta Calcutta
      589 words
    • 503 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD Kaii>( lunj Picmcxul Bii* BuM«( 60 Cm Street SINGAPORE 01(14 111 ?21»?W <10 tIMSi STRAITS/PERSIAN GULF SERVICE: COIHN MA\rt N nbo fcaiji*. GOIHN Bl Ap otunt. fjij.r. l)uU»> t- '-J CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S REPUBLIC OF CHINA SEMI-CONTAINER CONVENTIONAL
      503 words
    • 340 22 INTRBSEA (PTE) LTD. 10 Anson Road. #27-16. International Plaza Singapore 0207 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK FORT CARLETON *****20 Spore P Ketmt Lojdnt ,0f Sjied Saied ROT ANT U SOUTHERN PACfIC *****21 28/12 30/12 ROI ANT'UK (AVON) BELFAST ROT/ANT UK (AVON) Smjjport MTRASEt (PTE) LTD BOO*INC
      340 words

  • Page 23 Advertisements
    • 1095 23 NOL V NF.PTUNE ORIENT LINES LTD Agents S pofi* NEPTUNE AGENCIES PIE ITD Id No other Termnal CFS BOOKINGS *****77 EE EU AUSI IP* Sl* 7899' 7 *****22 *****53 OROWECTUNIS *****53 *****42 I Bah.u HARPER KIRA SON BHD 2*loo R Keiang HARPER SON BHO M 7201 }»624« p la,a HARPER
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    • 580 23 HEUNG-A SHIPPING Korean Flag Vessels SPIWI AGINIS NEPTUNE AGENCIES Pit lID TH ?***** 7/?78V434 ißoofcnfs) *****10/*****22 (Opentioftt) ?22?487/??09?»4 (Iffmmjl) *****50 ??0?504 (CFS) M*i«rsi« turns I UNAS SIIIA SOW BHO Kl tH ?*****/ t> PK TH *****4 PEN TH *****5/J***** CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE
      580 words
    • 650 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f. KELANG PI HANG M/S SHAMKAT MAH SOON SON. BM> IST AND 2ND FLOOR MESSRS HAI THONG SHTPMG 127
      650 words
    • 112 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37, SomtrMt Road. #06-01, Ng Ttow Yhaa Bldg S port 0923. Tal: 235 8444 (4 lln««). Port Kelanj Tiga P*ia Sf*pp*ij Sdn Bhd TH 03 *****4 5 Penang Malaysia Trade 1 Transport Ltd TH: 04-*****3 Pas* Gudang Malaysian Shipping Agencies
      112 words

  • Page 24 Advertisements
    • 437 24 1 Itcflimuil Cmtainer Liars Also accepting LCL (transhipment and local) foe PK/PNG COMPAGNIE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER, SPtCIAtISED HEAVY LIETERS AVAIIABIE K A SHIM A MARU 5 VEB DEUTFRACHT SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE ARTUS 1/86 4 COTTBUS
      437 words
    • 76 24 JFARGO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAHINGb WEEKLY Accept** both FCI and ICL: *LCI Cargoes packed at private CFS Moo Fn 9am 5 30pm Saturday 9am 1? 30pm eicl Sun 1 Pub hoh WEEKLY SERVICE TO HONGKONG, KEELUNG, KAOHSKJNG I JAPAN ETA Spore Loading for:
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  • Page 24 Miscellaneous
    • 182 24 r.o r Regional Weather I OS e m 20N 7 KS fx N > 2 s* S M 9^ K K X S3 K mm s si S £SSIS3*S (A* =!K C a Wi Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M.
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  • Page 25 Advertisements
    • 106 25 MSC AttNCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSMP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMMAI *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 v FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER i i.'ii/.v'-M ECT imi rra uw| II M 11 "ii' irewrw 11ttwti ALSO ACCEPTKG FOR: ANTWERP, L. HARVE. UK. BREMEN. COPENHAGEN,
      106 words
    • 30 25 FRATA SHIPPING PTE LTD (TEL: *****04) JN MARITIME (S) PTE LTD 10 ANSON RD. UNIT 10-16, INT'L PLAZA SINGAPORE 0207. TEL: *****63 VSL ETA LOUHNG FOR HANIIM MARINER 3/1/S6 COLOMBO/BOMBAY
      30 words
    • 451 25 Authorised Consolidators for APL American Pacific Lines, inc FMC APPROVED RATES Consolidator of Consolidators Closing Dales 21/1 1200 hr* Loading for all Inland Destination* Atlanta. Boston, Chicago. Cincinnati. Cleveland Dallas. Detroit. El Paso, Houston. Indianapolis Kansas. Milwaukee. Miami. New Orleans. An 1700 hn I Phoanix, San Antonio, Savanah. Spring Field,
      451 words

  • Page 26 Advertisements
    • 626 26 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TG MAN STOW P KEIAMG PINANG FOK 24 2S Ok 21/29 0« 30/31 Dec UK IHAVK RIM. «C BMIN AMM> 30/ 2Un 4/8 lan 7/8 lan J/11 lan RTM. HBG, BMIN. MB FROM EUROPE: PI BANG UUfk su dtNIAMAS SM AGENTS: LEO SHIPPING
      626 words
    • 502 26 c V ft s NEW ZEALAND AUCK, WELLINGTON, N. PLYMOUTH. LYT'LTON, NAPIER Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT SMGAPORE TEI 22*2211 (12 LlfS) POUT KEIANG TEL *****7/73S1M PENANG TEL *****7/*****4 BALSA 39 TRAVERWAY MARITIME LTD MONTHLY CONVENTIONAL SERVICE S'PORE Loading for 5/2 FAMAGUST A/BEIRUT/ TRIPOLI (LEBANON)/ LATTAKIA/ISTANBUL/ mersin
      502 words
    • 624 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FIIUY CONTMCMSED SfRVKE TO EUROPE (MA SUEZ) CD 10**0 ?W TRANSNORID BRDGE 71W CHWA CONTAftR 33W C R PARIS 3« Spore 75/12 1/1 1/1 15/1 leH*»» Adim Fstowe Hbt»| Brtm Antwerp 13/1 14/1 1(/1 11/1 19/1 21/1
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    • 830 26 rnuodMii PCDiiiNA nr uiPnuFr* pu Zk r d COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" I «J t r C.iii.to l*c and <s< Other PefuviJ* 4X>*ts with jt Kulr 0 -U 1 cm hN# fWh tf lading to trtji Motion Pewnc* P. Keianf Sm|apor« MURRAYE VERETT 21/25 Dec THOMASEVERETT
      830 words
    • 378 26 ZIM LIHL I i J i7*Ml t'j-r' »"i i if. m'> ;vn i'nilt r iB ■iltll |I«T II t-2M IUM M 11* 13 113* M 02 2lt 12 2 K 25.2 M 2V2* 84 73* ZIM EILAT CONTAINER LINE S pot Oat Trieste Koper Unci fttmn m ensaAW 2C/12 10/1
      378 words

  • Page 27 Advertisements
    • 549 27 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TC MAM STOW P KUAAG Pf NANG f« 24/2S Dtc 2tm 1)« 30/31 Dot I* IHAW. HIM. HBC bmin mw Mi 2 lin 4/6 lan 7/8 tin 5/11 ten RTM. *6 MH AHEM* PINANG P KUANG SPOW BM FROM: PA SU Sid SU
      549 words
    • 547 27 ft C S LCL/FCL TO NEW ZEALAND AUCK, WELLINGTON, N. PLYMOUTH, LYT'LTON, NAPIER Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT SMGAPORf TEL *****11 (12 LIKS) PORT KEIANG TEL 7M107/7MIOB PENANG TEL *****/36M54 BALSA 39 TRAVERWAY MARITIME LTD MONTHLY CONVENTIONAL SERVICE S'PORE Looding for 5/2 FAMAGUSTA/BEIRUT/ TRIPOLI (LEBANON)/ LATTAKIA/ISTANBUL/ mersin
      547 words
    • 686 27 C.Y. LINE (A Member 01 The ACE Consortium) CHO VANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (KM SUEZ) CD TOKYO 2W 75/1; TRAICHORID BRDGE ?8W 1/1 CHHA COM'AIWS 33N 1/1 C R PARtS 3N 15/1 Spate LeMjr«e Umi filowe Kta>| Bitm Antaerp 75/12 13/1 14/1 16/1 11/1 19/1
      686 words
    • 927 27 B COMPANIA PERUANA DE VAPOREES (C.P.V.) Zk "PERUVIAN STATE LINE" 1 .J t..i C.IH.K M i'jmoi ini 4' 011*1 fnumn uoiti milt tramfhpmtM jt Hot* V .(j Ml u' lo iin*l destitution M Penanf* P. Kelanj MURRAYEVERETT THOMASEVOETT HUGHE VI RETT Snfiporf 28/29 Dec 11/12 ten 24/25 Jan EVERETT ORIENT
      927 words
    • 380 27 L I M 00 UK M ItJM M UM M UM M U3JS M ***** .00 12.2 as 06 25-2 00 U KJM M 7 306 ZIM EILAT CONTAINER LINE S pmt Elat ln«l« lap* (am f*mm m BRISBAW 20/12 10/1 21/1 22/1 11/1 10/1 m SMGATOK ft/1 M/l 4/2
      380 words