The Business Times, 24 December 1985

Total Pages: 22
1 22 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, DECEMBER 24, 1985 75 CENTS
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  • 418 1  -  By LEE HAN SHIH GENERAL ELECTRIC is winding up one of its biggest subsidiaries in Singapore, its television factory which in its heyday employed about 2,900 people with annual sales of more than $130 million. The notice of the voluntary winding-up of GE (USA) Television
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  • 185 1 AFP CHINA has signed new trade accords with Moscow and all its European allies, but Beijing's hopes to boost trade with Comecom, the Soviet bloc common market, still face obstacles. Diplomats in Beijing said a string of accords setting ambitious targets for
    AFP  -  185 words
  • 331 1  -  By JAIME LYE THE SINGAPORE Tourist Promotion Board (STPB) has changed its mind about attracting five million tourists to Singapore by 1990, as stated last year in a major report produced by a government-appointed tourism task force. The board has revised its
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  • 779 1  -  Dr Hu explains why authority agreed to three-day suspension on SES By MANO SABNANI,ALVIN TAY THE TWO MAIN PRIORITIES of the Monetary Authority of Singapore in handling the PanElectric crisis were to restore the integrity of the stock exchange as a whole and to
    779 words
  • 131 1 Dr Hu explains why he didn't think it was necessary to make a public statement on the Pan-El crisis and the suspension of the stockmarket. Major amendments to the Securities
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  • 85 1 CROSSWORD BUFFS, here is a chance to test your skills in our annual competition, and add some real fizz to the New Year celebrations. On Christmas Day, BT is publishing its GIANT crossword, and this year the prize for the first correct entry opened is equally large a
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  • 148 1 FOB THE FIRST TIME li mere thu three years, the Straits Times Index west belsw •M yesterday ss share prlees ea the Siagapere stsekmarket drifted la quiet aad caatlsos trading ahead sf the Christmas holidays. The widely-followed Straits Times ladastrial ladex brake threagh the
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  • 114 1 AFP NEARLY 15 million tourists visited China during the first 10 months of 1985, an increase of 43.7 per cent over the same period last year, officials said. The National Tourism Administration said China had more than 500 hotels offering tourists 170,000 beds.
    AFP  -  114 words
  • 89 1 UPI THE SOVIET UNION widened its attacks on President Ronald Reagan yesterday, accusing Washington of "proclaiming terrorism a new item of American exports". The accusations followed charges on Sunday that Mr Reagan had compiled a collection of "hackneyed inventions" in his report charging the Soviet
    UPI  -  89 words
  • 79 1 SOUTH KOREA'S construction industry has accumulated US$3.l3 billion in overdue receivables from overseas projects. The Bank of Korea said yesterday that many Korean contractors were unable to collect money from West Asian clients, mainly because of financial difficulties caused by declining oil revenues. The central
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  • Page 1 Advertisements
    • 42 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture Fuorjrru«E Head Office: 1 Toa Aayoh Industrial Park *01-1387 Singapore 1231 Tel: *****42 (4 lines) Showroom: 1 Maritime Sauare *02-68'9. World Trade Centre Singapore 0409 Tel *****46'7
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    • 262 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO OUR VIEW SOME EMPLOYERS hove recently raised questions about the interpretation of a sub-section in the Employment Act dealing with terms of payment for work done on rest days and public holidays. In raising the issue, some employers
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    • 8 1 Full report, Page 10 Asian stocks, Pegs 9
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    • 150 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "Book me KLM via the worlds best airport Amsterdam Schiphol." "Youwant towin sS/dvo r: i Jk o i 3»SiB i£S rX 8 MM& m yi iatro •p MM f S. lIIIM 101. WIN-ON-THE-WA^ Between October 27, 1985 and March 22, 1986, all KLM passengers
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  • HOME NEWS
    • 311 2  -  By CHUANG PECK MING A SINGAPOREAN has been appointed to the top post at Smith Corona, at a time when the American typewriter maker faces an uncertain future. Mr C C Tang, 39, is to replace the current managing director, Mr John McGrath, next month.
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    • 329 2  -  By LISA LEE A FIVE-MAN committee of inspection was appointed yesterday at a closed-door meeting of the creditors of the recently wound-up Active Building Civil Construction. One of its most urgent tasks is to try and beat a Dec 28 dateline to
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    • 92 2 THE CONVERSION of Kallang Theatre from a cinema into a theatre for live performances is nearing completion. Located at Stadium Walk, the theatre will be ready for public performance from April 17. Bookings for the rental of the 1,698-seat theatre opened last Saturday. Charges differ with the
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    • 238 2 A SWEDISH company, Saab Aircraft International, will display its latest aircraft the SF34O at the Asian Aerospace '86 exhibition to be held at Changi Airport from Jan 15 to 18. Saab has also scheduled demonstrations of the SF34O in several countries, including
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    • 151 2 SEVERAL SCOTTISH companies including manufacturers of marine sewage equipment, dive handling systems and cleaning systems are looking fen* agents in Singapore. They will be here from Jan 28 to 31 next year to take part in the sixth Offshore South-east Asia Conference and Exhibition
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    • 160 2 THE CHECK-OFF system for unions could be extended to three years, the National Trades Union Congress SecretaryGeneral, Mr Ong Teng Cheong, told union officials yesterday. In a one-and-a-half hour meeting, Mr Ong told union officials and industrial relations officers that the Ministry of Labour
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    • 362 2  -  By MONICA GWEE THERE WAS NO price tag on this item displayed at Robinson's Department Store window in Centrepoint yesterday. Shoppers invariably did a doubletake as they glanced through the glass panes. Some stopped dead in their tracks in surprise. "They walk
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    • 337 2  -  By ANNA TEO PEANUTS OR NOT, it's better than nothing. That seems to be the feeling shared by tenants of Tanglin Shopping Centre, who have recently obtained rent reductions. King's Tanglin Shopping Pte Ltd, the owner of the shopping complex, has revised rentals with
      337 words
    • 315 2 EMPLOYERS who were supportive of their reservist employees won praises for their "enlightened" attitude from a minister yesterday. Dr Yeo Ning Hong was encouraged to note that more and more reservists were volunteering their services some even beyond their annual reserve liability of 40 days.
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    • Article, Illustration
      293 2 THE FIRST two coins commemorating the Olympic Winter Games of 1988 are now available. Depicting downhill skiing and speed skating, the coins are of sterling silver with a face value of Cs2o. Each coin contains one troy ounce of pure silver and is part of the lOncoin series
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    • 148 2 DR TED ENGSTROM, aJZ US specialist on time man* agement, leadership and,ftZ organisation, will conduct aS two-day seminar for tives next month. -Z~. The seminar on lence in Personal and ness Management will held at Pavilion IntercontiNj*? nental Hotel on Jan 29/30. An author of 34
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    • 85 2 A 12-SESSION course on -*> "Basic Advertising Visual- N iser" will be held next month. Organised by the De-32 partment of Studies of the National Unl- 33 versity of Singapore, the '5 course will teach participants how to use marker as a main medium for layout execution
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  • Page 2 Advertisements
    • 75 2 Hertz costz up to 50% less. Ask for the Hertz Daily Special (On selected models, subject to availablity. For use in Singapore only.) Below 1600 cc models: 1600 cc models: 2000 cc and above $49.90 per day $79.90 per day $99.90 per day Includes unlimited mileage, insurance, maintenance and other
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  • BANKING AND FINANCE
    • 806 3 SINGAPORE THE US dollar yesterday closed slightly higher against most major currencies after fluctuating within a narrow range in quiet and featureless trading. It closed a shade firmer at 202.70/80 yen compared with New York's Friday 202.50/60 close and at 2.5095/5110 marks against 2.5060/90. The dollar closed marginally
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    • Article, Illustration
      275 3 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at the opening levels in quiet trading. Shortdates firmed about V* point at the outset on covering interest but were little changed thereafter. Overnight closed at BVi 8% and week fixed at 8% BV4. Asian dollar CD rates were unchanged from
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    • 199 3 HONGKONG: GOLD yesterday closed little changed in thin and sluggish trading in the absence of fresh factors. It ended at U*****.70/325.10 an ounce, compared with the 325.00/40 close here on Saturday and the 325.50/326.00 finish in New York on Friday, dealers said. On the local market, gold lost HK$3
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    • 214 3 Interbank rotes at 3pm yesterday: Locol dollors to out imtt o4 cufTtecy*. BM Ollar e r«M portly US dolor Starting pound Australian dolor NZ dolor Canodkm dolor 2.1180 ***** 1 4402 1 0568 1.5193 2.1195 3 0287 1.4433 1 0618 1.5215 2.8196 7 3469 ***** 3 4286 *****
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    • 346 3 BA Futures EURODOLLAR futures yesterday gapped up from Friday's close but traded lower on profit-taking activities as the anticipated discount rate cut did not materialised last Friday. After opening at the day's high of 92.36, the March contract was thinly traded lower to 92.31 in quiet trading during the
      BA Futures  -  346 words
    • 65 3 THE OVERNIGHT rate on the Singapore interbank money market rone by ltt point from Friday to close at 4V« per cent yesterday. The term rates and the mode remained unchanged across-the-board. S$ Interbank rotes at 3pm yesterday: Offer M nigh* 4 3/4 4 1/2 I -month 5 1/4
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    • 418 3 Reuter GOOD NEWS on the inflation front is bad news for Zurich gold dealers who are generally expecting another dull market in 1906. With prices falling worldwide, gold has been robbed of its traditional role as a hedge against inflation. It is
      Reuter  -  418 words
    • 129 3 Reuter MALAYSIA'S gold and foreign exchange reserves fell to Mill.lB billion in November tram $1L25 billion in October, but rase tram 18.90 billion last November. Bank Negara Malaysia said total assets dropped to 115.98 billion in November from $16.25 billion In October and
      Reuter  -  129 words
  • Page 3 Advertisements
    • 94 3 K i! v V M»rii>MN M *8 I ME -W i -r /i y r* i> >x v^v "fefc*-*' -(»<• t'V J?' "Yield" Oscar Wilde The only way to get rid of temptation is to yield to it. Royal Salute. The ultimate temptation. Few are discerning enough to be tempted.
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  • OVERSEAS
    • 734 4 NYT THE DIRECTORS of the International Finance Corporation, an agency of the World Bank, are expected next month to approve creation of a mutual fund that will invest in securities of companies listed on Third World stock exchanges, according to
      NYT  -  734 words
    • 65 4 THE BIBLICAL DEAD SEA, a scene of disaster since Sodom and Gomorrah were deeftroyed by fire and brimstone, is slowly drying up. In the last 20 years, the level of the mineral-rich lake has fallen six metres, opening a muddy causeway between its Israeli and
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    • 176 4 UPI JAPAN ranked third after the US and the Soviet Union in terms of investment in scientific and technological research and development in fiscal 1984, ended last March 31. The report by the Management and Coordination Agency said the investment in the
      UPI  -  176 words
    • 268 4 AP JAPAN NEEDS a stronger national defence because of a growing Soviet military presence in the Far East, the head of Japan's Defence Agency says in an interview published on Sunday. "The Soviets have committed a fourth to a third of both their nuclear
      AP  -  268 words
    • 145 4 AFP IT'S IMPOLITE in east Java to telephone your friends after dinner, an etiquette that's causing problems to the telecommunications authorities. Even an incentive of a 50 per cent discount for calls after 9 pm has failed to even out the pressure on overtaxed phone switchboards,
      AFP  -  145 words
    • 347 4 AFP HUGE GOVERNMENT spending for the Philippines's Feb 7 presidential snap polls, new taxes and low production levels of industries are likely to drive up the country's inflation. The Business Day newspaper yesterday cited the Philippine Chamber of Commerce and Industry president,
      AFP  -  347 words
    • 405 4 Reuter THE APPROACH of 1986 has brought the usual rash of economic predictions for the new year, but one man is telling investors to forget graphs and growth curves. The future of the dollar and Wall Street is, he insists, written in the stars. Hans
      Reuter  -  405 words
    • 204 4 Reuter THE AMERICAN economy is expected to be steady in an unspectacular growth of 2.9 per cent next year. Economic advisers to Time magazine said on Sunday that this would be slightly better than the latest estimate of 2.4 per cent for
      Reuter  -  204 words
    • 126 4 Reuter LIBYA has rejected US charges that Soviet support for it had reached dangerous levels with the supply of advanced long-range missiles, the official Libyan news agency Jana said. Washington's "dissatisfaction over the deployment of these missiles shows that it intends to carry
      Reuter  -  126 words
    • 49 4 AFP FRENCH INSTRUMENT-MAKER Christian Urbita holding a small violoncello between his two fingers in his Cordes home, south-western France. He made this small instrument in more than 200 hours, in precious wood, which measures 27.8 mm high, as a Christmas present for his violin-cel-list wife. AFP
      AFP  -  49 words
    • 495 4 Reuter FARM LEGISLATION expected to be signed into law by President Reagan will push the US towards confrontation with other food exporters, including the European Community, Australia and Canada. The Farm Bill contains provisions that would increase exports of US grain and
      Reuter  -  495 words
    • 816 4 ARRIVALS Operator Service Local From number time PAA PA2I/5 0155 LAX/TYO/HKG CAL CI34I 0255 TPE CAL CI337 0255 TPE SV SV389 0445 JED/RUH MAS MH60I 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8I1 0940 PEN SIA SQI03 1005 KUL
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  • Page 4 Advertisements
    • 43 4 Doonsbury has bean delayed in the mail. t/e ff 00 Q CP ws Live-Band Music Non-Stop Dancing Charming Hostesses Gracious Service c 5 9 Office Nite-Clu6 Lounge.' 1, Claymore Drive, #02-11 Orchard Tower (Rear Block) Singapore 0923 Tel: *****26 AU C !:THE A
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    • 9 4 Pan Ante New Clipper Class p DailyTb Los Angeles.
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  • RAW MATERIALS
    • 326 5 RAS prices in S cents/kg, FOB in 1 bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 152 00 153 00N 151 50 152 SON Int 1 RSS Jon 86 152 00 152 25 151 25 151 75 Int 1 RSS Feb 86 154 00
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    • 184 5 MALAYSIAN crude palm qil prices yesterday closed mixed on light selling and covering interest in thin trading as most operators were sidelined amid a lack of fresh factors and ahead of the festive holidays, dealers said. Sentiment was also affected by a lower Chicago soyoil futures close last
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    • 148 5 Chinese Produce Robusto 20/25% FOB NSW 705 00 Exchange Nutmeg (Sellers' noon closing Dec 23 (SS/100 kg). prices on ***** 110 FOB NSW E&W FOB NSW 454 00 Coconut oil Bulk FOB Old drum FOB 6500 7800 Gombier FOB NSW 330 00 New drum FOB 8200 London Commodity
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    • 154 5 Singapore (S)/kilo, e»-godown) Fragrant new crop 1st 074 2nd 056 3rd 056 New Crop no stock 25% 10% no stock Thai Broken A-super no stock Special 0 46 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled Rice
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    • 116 5 Reuter NON-COMMUNIST world crude steel output was up 3.0 per cent in November 1985 compared with the same month last year. The International Iron and Steel Institute reported in its monthly bulletin that output totalled 36.5 million tonnes, compared with 37.8 million tonnes in October and
      Reuter  -  116 words
    • 601 5 COFFEE LIGHT COMMISSION house selling shortly before midday yesterday pushed robusta coffee futures back down from earlier highs, but continued underlying strength contained the downside move to leave the market at midday with gains from Friday's close of £57 to £5 a tonne, dealers said. At midday, London's
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    • 17 5 _L KL TIN Cloiing prices on Dec 23 jj-JI (M)/kg) MT} Price Suspended jr/ Turnover (tonnes) Suspended
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    • 154 5 SINGAPORE THE MARKET yesterday closed lower with January One RSS buyers quoted at 151.25 cents per kilo, down 1.75 cents from last Friday. MALAYSIA A continued lack of trading interest ahead of the long holidays saw the market close easier at 179.00 cents per kilo for Jan Int One
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    • 104 5 (cents/kg, 1-ton pallets) JAN 86 FEB 86 (current month) (forword month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 151 00 153 OON 151 50 153 50N SSR 50 149 00 151 OON 149 50 151 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 2I6
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    • 406 5 AFP INDONESIA'S fledging commodity exchange will start trading in coffee for the first time on Jan 9, but on a physical basis and initially without foreign traders. The exchange, known as Incomex, currently trades only in rubber physicals which it started last
      AFP  -  406 words
    • 201 5 AFP CHINA IS EXPECTED to shelve a mammoth Japan-China joint venture project to develop coal mines in inner Mongolia because of a shortage of fund. The leading Japanese financial daily Nihon Keizai Shimbun yesterday said the US$5 billion project was initially to
      AFP  -  201 words
  • Page 5 Advertisements
    • 202 5 rr i s s SK,' ->■ M-b Bs w r -V m •< v. <».' v ,v> r.-. h. If you've always thought of a flight as something to be endured, we invite you to read on. Thai has covered a lot of mileage to make flying the pause that
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  • FEATURES
    • 506 6 A DEMAND FOR PROTECTION from the law seems contradictory as laws are generally made to protect people, not to hurt them. So it appears puzzling when employers seek safeguards against the Employment Act. Though the Act was primarily intended to protect workers, it was never the
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    • 4601 6  -  New regulations will not stifle initiative The stock market has been the subject of much public concern following the Pan-El debacle and the crisis in the stockbroking industry. Fundamental changes are now needed in the entire securities industry. In an exclusive interview with BT, Finance Minister
      4,601 words
  • Page 6 Advertisements
    • 189 6 7WARKETING MANAGEMENT !£s* 'is' Understanding Management C Northcote Parkinson. M K Rustomji Recognizing the fact that good management is essential to the well-being of any organization, the authors aim to show managers at various levels the skills to achieve better results in their management $6 90 Great Ideas in Management
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    • 8 6 On Friday Dr Hu's views on the economy
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  • SPORTS
    • 559 7  -  By WALTON MORAIS ALTHOUGH the procedure has been clearly established for years, the impending selection of the Republic's Dunhill Cup golf team is creating quite a stir within the professional ranks. At the centre of the storm is the Singapore Professional Golfers' Association Order of
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    • 244 7 Reuter FRENCHMAN Michel Platini stepped up his bid for his fourth successive title as the leading scorer in the Italian first division on Sunday with two superb goals In Juventus' 4-0 drubbing of Lecce. The win enabled the European champions to maintain their
      Reuter  -  244 words
    • 660 7 UPI THE SWEDISH Davis Cup tennis team members must have felt almost like gladiators given the thumbs up as they headed home yesterday morning with the Davis Cup trophy still firmly in their clutches. Their 3-2 triumph over West Germany, sealed
      UPI; Reuters photo  -  660 words
    • 134 7 AP SYMBOLI RUDOLPH, considered the strongest horse in Japanese racing history, won the Arima Memorial Race one of Japan's top horse races on Sunday, four lengths ahead of Mihoshinzan. Symboli Rudolph, ridden by Yukio Oka be, took the lead in the fourth quarter and won
      AP  -  134 words
  • Page 7 Miscellaneous
    • 1132 7 to mi) mm fr Peter Ustinov (right) m the legendary Hercule Poirot PRE-HOLIDAY MOVIE Thirteen At Dinner 10JO pm, Channel 5 Faye Dunaway is said to be one of the most versatile actresses Hollywood has ever seen. She proved herself once again playing dual roles, as a titled actress and
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    • 82 7 Play golf the Sevvy way {Sfaav you 7*y to hut the ball wm*a f*cm takb oh*cum MORE THRH YOU *K)UU> /VO+HAILV TARE AO* THEDISTANCE A ST-/RO* INSTEAD Of AG-IRON AND SO ON TARGET 0 OB* YOUR v STANCE A little, SO THAT THE SHOULDERS ARE POINTING TO THE LEW OF
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    • 645 7 CRYPTIC PUZZLE ACROSS 3 Jumped hoff a rmJe, likely' (5) 8 Instruct m art? (5) 10 Figure in a rail crash with a competitor (5) 11 Brighton's source of off-shore oJ? (3) 12 Linguistic essay in art (5) 13 Metal-working crooks (7) 15 A bed's somehow put on a footing
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  • INTERNATIONAL COMPANY NEWS
    • 681 8 NYT HAVING SIGNALLED in a federal district court last Friday that they were negotiating a settlement of their high-stakes legai and financial battle, Texaco Inc and the Pennzoil Co find themselves at a critical juncture of the nearly two-year-old case. After months of wrangling in
      NYT  -  681 words
    • 376 8 NYT ERICSSON, a Swedish telecommunications and electronics group, is seeking belatedly to brftak into the French public telecommunications market in competition with a rival project between the American Telephone and Telegraph Philips partnership and Compangnie d'Electricite (CGE). *In spite of the advanced stage
      NYT  -  376 words
    • 273 8 AP LAST DECEMBER, Peter Scott, the global investment strategist for London-based Gartmore Fund Managers, picked Hongkong and Switzerland as the best bets for this year among all stock markets. On Dec 19, popular indices for these bourses rose 43.5 per cent and
      AP  -  273 words
    • 741 8 NYT ON WALL STREET, this is the season when brokerage firms and advisory services make out lists of favourite stocks, in the hope that Santa will deliver during the coming year, instead of on Qiristmas morning. Thanks to the dynamic
      NYT  -  741 words
  • Page 8 Advertisements
    • 535 8 42! r)_ BBBL-...... iSa -*fit iraaMst &&SI 3 »f*- fcTT-.-. ,-TC. iff -J> L"•■T'J? ■s W& > m m ii=p CHRISTMAS EVE DINNER DANCE AT BARON S TABLE I $85.00 per person. with a pint bottle of champagne for each couple C CHRISTMAS EVE i LUNCH CANDLELIGHT DINNER I AT
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    • 289 8 r l AND THE PERFECT COMBINATION GOOD MVSIC AND GOOD WINE GOOD FRIENDS AND LAUGHTER YOU AND YOURS AT THE LOUNGE ROSEMARIE DAISY MANUEUCA AND EMMANUEL. WITH TOP CHARTERS. OLDIES AND ROCK N ROLL PIT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OIT ENTERTAINMENT: Sun Thurs S pm to
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  • ASIAN STOCKS
    • 465 9 HONGKONG: Stock prices closed lower in thin trading yesterday, with shares coming under pressure from late morning selling aimed at properties and some banks. The Hang Seng Index fell 15.87 points to 1,704.29, ending the day near the level it held at the end of the morning. Brokers
      465 words
    • 240 9 DCC 23 MT Lien Hwo Indus Nan Ya Pkre 1290 30 50 0 1 0 1 Al Smcere Indus A wo Cement 2 21 2420 -0 14 0.2 Pacific Cons Pacific Elect 1620 1380 0 2 +0 55 Cathay Cons 29 30 03 Chang Hoa Bonk Chen Loonj 43
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    • 399 9 TOKYO: Prices surged yesterday in light trading on expectations of a late year-end rally. The market average climbed 80.25 to close at 13,043.04, after losing 48.30 last Saturday. Turnover was a light 260 million shares against 150 million during Saturday's half-day session. Brokers said buying centred on utilities, properties
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    • 73 9 DCC 23 Pnoi 0014 0002 Acot* Manng Anglo PtW oooi unch PNtex B Pkop B PLOT 0 1450 36 50 0 005 Ap«x Mnrtg B Arto» Con. B Boguio Gold Bowc Petrot«um Bcnauet Con B CDCP 0009 10 0001 0 0026 90 0 0005 unch unch ***** unch Podco
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    • 338 9 SYDNEY: Australian share markets closed firmer in lacklustre trading yesterday with a shortage of sellers and end-of-year book squaring forcing prices up. At the close, the All Ordinaries Index gained 3.8 points to 990.4, the All Industrials 5.1 points to 1,463.9, the All Resources 2.7 points to 624.9 and
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    • 98 9 DEC 23 Won Hyundai Const 1125 16 Bonk Seoul 743 Hyundai Motor 1870 +140 -5 KAL 600 uncH Choheurvg Bk 706 -4 Korea First 765 unch Commerctol Bk 770 10 Yukong 1790 40 Doekm Ind 590 -5 Korea Ship 380 7 Doe woo Corp 580 15 Lucky Ltd 790
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    • 123 9 BANGKOK: The Stock Exchange of Thailand Index yesterday dipped 0.36 to 132.85. Turnover amounted to 343,563 shares valued at 30.2 million baht. DtC 23 tafctl Sam Citizen 56 -15 Aokhom Thai Stom City 412 Ayuthayo Inv South Asm Fixe And Trust 139 -4 Strong Pock Bangkok Agro-tod Thai Commercial
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    • 61 9 UPI A MAJOR Japanese engineering company has received an order from Oman Refinery to expand its oil refining facility at a cost of 5 billion yen (US$25 million). Mitsubishi Engineering and Shipbuilding on Sunday said the turnkey deal calls for the company to expand the plant's facility
      UPI  -  61 words
    • 276 9 Royalties on small oil fields to be waived AP ENCOURAGED by a recent oil discovery in the South China Sea, a Texaco-Chevron-Agip consortium has signed a contract for new offshore oil exploration rights in China. It was the fourth contract under a 1985 second
      AP  -  276 words
    • 131 9 UPI NIPPON TELEPHONE and Telegraph Corp, faced with pressure to step up purchases of foreign equipment, will buy digital switching systems from Canada's Northern Telecom Corp. The purchase estimated at between 4 billion and 5 billion yen (US$2O million and $25 million) over a five-year period
      UPI  -  131 words
    • 89 9 Reuter TAIWAN has approved an application by United Airlines to operate services between San Francisco and Taipei. A Communications Ministry official said the American airline was given a licence to operate 24 flights a week starting at the end of next month. United was the fifth
      Reuter  -  89 words
  • Page 9 Advertisements
    • 752 9 m 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 Traditional Curry Tiffin on Sundays. S Raffles Hotel
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    • 272 9 EAsdsrs !jappen |NGS **nmw£ a u> The Christmas spirit is now in the air! We have a host of exciting programmes all lined up for you. A night of Chinese Dinner 9 Danoe with special menus served A la carte also available. $550++ for 10 persons (Christmas Eve )9 $750++
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  • SHARE INFORMATION
    • 4280 10 TRADING WAS QUIET on the Singapore stock market yesterday as most investors withdrew to the sidelines ahead of the Christmas holidays. There was continued stoploss selling and an absence of buying support, which drove both the major market indices to new lows again. The
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    • 223 10 Singapore" Rises Indices 0 U E 210 17 n n___ oq 4.0 ITCoapoHti 519 58 517.42 Mw° rnwn ry nWiilii *****27 *****30 170 4 8 IT Ot/OS -316 -461 VS A AO +8 «TCADt -6541 -6596 ,«f T5 rrotv -*****3 *****8 ffn v» IA STtaAatnob 600 29
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    • 2839 10 BID and otter 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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  • Page 10 Advertisements

  • COMPANY NEWS
    • 224 11 L M aborts its proposed acquisition of SSP SPECIALIST sub-contractors L M Group Investments Ltd has decided to abort its proposed acquisition of Structural Systems Pty Ltd after failing to renegotiate an extension date for completion of the deal. On Sep 12, L M disclosed that it planned to buy
      224 words
    • 44 11 A SUBSTANTIAL shareholder of Chemical Industries (Far East) Ltd, Mr Eric Lim Yew Tou, has purchased 5,000 shares in the company for $6,500, raising his stake to 1.104 million shares from 1.09 million shares. He is also a director of the company.
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    • 29 11 THE TELECOMMUNICATION Authority of Singapore has bought 50,000 shares in Singapore Press Holdings for $265,488, raising its stake in SPH to 20.05 million shares from 20 million previously.
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    • LATEST RESULTS
      • 38 11 for planta- tion-based Kaala Lumpur KepMg Bbd fell 12.6 per cent to $66.80 million. This came on the back of a 8.6 per cent rise in turnover to $270.71 million. No final dividend has been declared.
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      • 55 11 results for min- ing stock Berjnntmi Tin Dredging Bhd show an improvement. Earnings per share rose to 12 cents for the six-months ended Oct 31,1985 from eight cents pre- viously. Pre-tax profits increased slightly to $5.96 million from $5.87 million. An interim dividend of 12 cents per share
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      • 41 11 is proposing to shareholders that it raise money by a rights issue of 35.47 million new shares of $1 each at $1.10 per share to acquire a 60 per cent stake in Pembinaan Kota Laksamana (Melaka) Sdn Bhd.
        41 words
    • 273 11 Bernama A PROPOSAL BY Supreme Corporation Bhd to dispose of 17.71 million shares of its shares in Everpeace Corporation Bhd is expected to hit some snags, Supreme managing director Tan Koon Swan said in Kuala Lumpur. At an EGM yesterday to consider the
      Bernama  -  273 words
    • 519 11  -  By RAMESH CHANDIRAMANI FOLLOWING THE CAPITAL reconstruction planned for Wing On Bank Ltd, the second-line Hongkong bank facing loans loss problems, Hang Seng Bank Ltd will emerge as the new controlling shareholder. According to a spokesman for Wardley Ltd, financial advisers
      519 words
    • 759 11 Current Ex Books Date Total for Totol for payment date close poyable the year last year A B N ***** Aug 19 NYA NYA 13% 26% A 1 S B IO%(b) Dec 11 Dec 21 Dec 28 10% 10%(a) Amol Steel 8%TE(b> Nov 26 Dec 6 NYA 8%TE
      759 words
    • 555 11 SHARE PRICES continued to decline across the board under selling pressure at the Kuala Lumpur stock market yesterday. Sellers moved in from the opening bell and prices dipped lower as trading progressed. There was bargain hunting towards the close but this failed to check
      555 words
    • 145 11 PERMODALAN Nasional Bhd has bought 2.42 million shares in Harrisons Malaysian Plantations Bhd for $7.69 million, raising its stake in HMPB to 214.77 million shares from 212.36 million shares. SOON PENG YAM (Pte) Ltd, a substantial shareholder of Sim Lim Investments Ltd, has bought an additional 140,000 shares
      145 words
    • 350 11  -  By NAJEEB JARHOM THE FIVE-MEMBER Stock Exchange of Singapore committee met the new committee of the Kuala Lumpur Stock Exchange in Kuala Lumpur on Saturday. Included on the agenda were the implications of Ipoh-based YK Fung Securities Sdn Bhd's failure to
      350 words
    • 256 11 PLANTATION-BASED Batu Lintang Rubber Company Bhd has suffered a downturn in profits for the year to end-Septem-ber because of weaker commodity prices. In a preliminary final statement for the financial year to Sep 30, Batu Lintang saw its earnings per share fall to an
      256 words
    • 2873 11 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number ot shares traded shown in brackets in lots of 1,000 units unless otherwise specified. VOUSTMALS A Choc (2 06S) (0 2.06 AMD (4.005) (I)
      2,873 words
    • 285 11 Managers' prices for Dec 26 MARA-Bumiputra First B'putro 4 50 4 55 Singapore Unit Trust The Commerce 112 1 19 Second B'putro Third B'putro 4 19 4 24 3 47 3 52 Fourth B'putro 3 79 3 84 The Sovmgs Fund 0 89 0 94 Fifth B'putro 2
      285 words
    • 110 11 HONGKONG Friday 1458 8 Week ago 1452 0 NEW YORK Dow Jones Friday 1543.00 Thursday 1543 92 Week ago ******1 Standard Poors Friday 210 94 Thursday 210 02 Week ago *209 94 LONDON FT Index Friday ***** Thursday 11' Week ago ***** FTSE 100 Index Friday 386 5
      110 words
    • 68 11 ARAB-MALAYSIAN Development Berkad: 19th AGM at Bangunan MIDF, Ground Floor, 195A, Jalan Tun Razak, Kuala Lumpur on Friday, Dec 27, at 10.30 am. SINGAPURA BUILDING Society Limited: 16th AGM in the Board Room, Marina House, 70 Shenton Way, Singapore 0207 on Dec 27 at 11 am. AUJfro CHOCOLATE
      68 words
  • Page 11 Advertisements
    • 78 11 NOTICE Clasare M laad brtweei CLIFFORD PIER AND CHANGE ALLEY, AERIAL PLAZA ESCALATOR This serves to inform the Public that the above roadway will be closed and no member of the Public shall be permitted to have access or to make use of the roadway for any purpose whatsoever on
      78 words

  • 491 12  -  Report on entrepreneurship development By CHUANG PECK MING IF THEY DON'T SUCCEED at the first attempt, Singapore's aspiring businessmen should be able to pick themselves up, brush away the dust, and start all over again. But, according to the report of the
    491 words
  • 144 12 PETROL PRICES will be cut by about five cents per litre from today because of the weaker US dollar against the local currency, according to the Ministry of Trade and Industry yesterday. With effect from midnight, motorists pay $1,223 per litre for premium grade petrol, down
    144 words
  • 209 12 BANK NEGARA Malaysia has placed Msl billion with commercial banks for one year, renewable annually, to finance projects under the New Investment Fund (NIF). Bernama yesterday quoted Basir Ismail, the chairman of the Association of Banks in Malaysia, as saying that this
    209 words
  • 299 12 THE CONTROVERSIAL Section 149 of the Companies Act has been blamed as a major impediment to the growth of entrepreneurship in Singapore. Section 149, which became effective in August 1964, makes it an offence for a person to hold a directorship
    299 words
  • 299 12  -  By FOO CHOY PENG THE POSSIBILITY of modifying the Companies Act to allow the introduction of an inten-sive-care system for companies facing short-term problems has been put forward by the subcommittee on entrepreneurship. This, suggested the report which was released yesterday, would allow
    299 words
  • 581 12 THE REPUBLIC'S Big Three local banks were among only seven non-Japanese banks in the top 30 Asian banks based on equity, a ranking by Euromoney shows. DBS Bank, with total shareholders' funds of U5|718.02 million, stood at 24th position in the British financial
    581 words
  • 157 12 FEAR OF TERRORISM and hijackings In the Middle East Is beeping pilgrims away from Jesus' birthplace this year. Merchants 1b Bethlehem, a town eight hm south of Jerusalem, said the umber of tourists had fallen sharply from last year. Same tourists whs did
    157 words
  • 323 12 AP, UPI PRESIDENT MARCOS of the Philippines has described as "demeaning, very degrading" that he has to run against a woman in the presidential election on Feb 7. "I have always refused to argue with a lady," he was quoted as saying in
    AP,; UPI  -  323 words
  • 206 12 Reuter THE NEW ZEALAND government plans to take an 80 per cent stake in New Zealand Steel and assume debts of NZ$l.l4 billion as part of a major restructuring of the company. Finance Minister Roger Douglas said in a statement yesterday
    Reuter  -  206 words
  • 429 12 Reuter, UPI JAPAN WILL MAINTAIN its tightfisted public spending policy next year, with government outlays little changed from last year. In an outline of the budget announced yesterday, the Finance Ministry said expenditure for the 1906/87 fiscal year is set at 54,088
    Reuter,; UPI  -  429 words
  • 112 12 UPI THE US Army Vice-Chief of Staff has recommended that the service purchase 500 light tanks at a cost of US$55O million to $600 million for use in low-inten-sity Third World conflicts, a Pentagon spokesman said. General Maxwell Thurman, the army's second-highest
    UPI  -  112 words
  • 64 12 THE NEW YORK stock market was staging a retreat in early trading yesterday as Wall Street began the last week and a half of one of its best years. The Dow Jones Industrial Average was off six points to 1536. Declines led advances by a three-two margin
    64 words
  • LATE FILE
    • 31 12 Reuter SEVERAL hundred students from China's remote Xinjiang province demonstrated illegally in Beijing yesterday in what was thought to be the first public protest against nuclear tests.
      Reuter  -  31 words
    • 39 12 Reuter EIGHT MEMBERS of South Korea's opposition party were arrested yesterday after defying an order to answer questions about a brawl in Parliament. Police were seeking three other members of the New Korea Democratic Party. Reuter
      Reuter  -  39 words
    • 43 12 Reuter BLACK nationalist leader Winnie Mandela was released on bail yesterday and immediately told reporters that she would repeat the act of defiance for which she was arrested by going back to her home in Soweto black township. Reuter
      Reuter  -  43 words
    • 53 12 AFP GARY KASPAROV has thrown the chess world into confusion by saying that he will refuse to defend his world title against fellow Soviet Anatoly Karpov. He says there is nothing in the statutes of FIDE, the international chess federation, which forces him to make
      AFP  -  53 words
    • 40 12 Reuter IRAN has announced completion of an oil export facility which industry sources in the Gulf said yesterday could lift pressure on its loading terminal at Kharg Island, a favourite target of its enemy, Iraq. Reuter
      Reuter  -  40 words
    • 54 12 Reuter A SURGE in theft may boost Japan's crime rate to a post-war high this year while violent crimes, although less numerous, have become more bizarre, the national police agency said yesterday. Poison-laced drinks killed 13 people. Five women were found dismembered in the countryside and
      Reuter  -  54 words
    • 41 12 Reuter CHINESE Foreign Minister Wu Xueqian, in the United Arab Emirates at the end of a Middle-East tour, said yesterday that Beijing was not supplying arms to either party in the Iran-Iraq war and would stay neutral.
      Reuter  -  41 words
    • 38 12 AFP JAPAN'S crude oil imports last month rose 14 per cent over a year ago and 10.5 per cent over October to 109.7 million barrels, the International Trade and Industry Ministry said yesterday.
      AFP  -  38 words
    • 43 12 Reuter FRANCE'S Framatome S.A. said yesterday that it was likely to start work by March on two reactors for a multi-billion-dollar nuclear power plant in China after signing a memorandum of understanding with a Chinese company. Reuter
      Reuter  -  43 words
    • 48 12 AP THE BOARD of directors of the Overseas Trust Bank, which was taken over by the Hongkong government early this year, announced yesterday "that it had reached agreement in principle to sell the bank's interests in Overseas Bank (Canada) to Citibank Canada. AP
      AP  -  48 words
  • Page 12 Advertisements
    • 76 12 KOREA EXCHANGE BANK U5550,000,000 Floating Rate Notes due 1993 In accordance with the terms and conditions of the above notes, notice is hereby given that for the 6-month interest period from 24th December, 1985 to 24th June, 1986 (182 days), the notes will carry an interest rate of Wit per
      76 words
  • Page 12 Miscellaneous
    • 55 12 Outlook for today: Ocossionol showers expected in late morning ond early afternoon. Report for 24 hours prior to 7 30pm on D«c 23 at th« airport: Maximum temperature 29.6 Associated humidity 84 Minimum temperature 22.9 Associated humidity 100 Hours of sunshine 0.15 Rainfall in millimetres 44.7 Rainfall this month 328.9
      55 words

  • SHIPPING TIMES
    • 416 13  -  By G DURAIRAJ HARPER WIRA WILL consolidate its forwarding activities under the masthead of K C Dat. In an interview with Shipping Times, the chief executive of Harper Wira Group, Tengku Zainal Rashid, says the decision to restructure and consolidate the
      416 words
    • 162 13 AFP JAPANESE Transport Minister Tokuo Yamashita said that a court was expected to approve a rehabilitation plan (or the insolvent Sanko Steamship at the begining of next year. He said that "the worst (liquidation of Sanko) has been averted. However, negotiations are still going on
      AFP  -  162 words
    • 124 13 Fairplay JEBSEN LINE has announced a further improvement to its services on the Hongkong/ChinaPapua New Guinea/New Zealand trade routes. Vessels operating the routes can now use the cargo handling facilities at Ocean Terminal, Hongkong, whereas previously they were discharged and loaded in the central harbour
      Fairplay  -  124 words
    • PORTSIDES
      • 146 13 UPI A 450-POOT Panamanian-registered freighter loaded with logs and headed (or Japan ran aground on the Columbia river and waited for high tide so it could resume its trip, the US Coast Guard reported. There were no injuries reported to any of the 24 crew members aboard
        UPI  -  146 words
      • 75 13 Reuter THE CHINESE port of Tianjin will build 12 new berths in the next five years, each with a capacity to handle ships of 10,000 dwt, bringing the total to 48 berths, a port official said. He said the expansion will increase total handling capacity
        Reuter  -  75 words
      • 122 13 UTILISATION RATE for mobile rigs in the Gulf drifted lower last week to 77.8 per cent, 0.4 points lower than the previous week. Offshore Data Services reported that 56 rigs out of 252 positioned in the Gulf were without contract. Employment for rigs has declined since Dec
        122 words
    • 1175 14 LONDON'S freight market ended the week with little noticeable change in rate structure on Friday. Mixed grain business included 20,000 tons of wheat worked aboard the spot ship high light from Rouen to Safi at U556.25 (fio). In Australia, Chinese charterers lifted 20,000 tons of barley aboard the
      1,175 words
    • 920 14 AP FROM A REMOTE 14th-centu-ry farmstead in the hills of North Wales, marine salvager John Pierce is setting up the ultimate project raising the wreck of the Titanic from the depths of the North Atlantic. "It's the last great adventure left on earth
      AP  -  920 words
    • 589 14 Bernama "TECHNICAL problems" have again held up the delivery of the four modern minehunters Malaysia has ordered from Italy. The vessels, ordered at a cost of about $400 million, were scheduled to arrive "by the end of the year," according to defence ministry officials. A
      Bernama  -  589 words
    • 682 14 AB Shpg V 5 Afeo Lme VI 3 Anro Service IV 3/4 ANL 1 1/2 A PC Lme V 4 APL III 2/3 ASCL IN 1 Bolt-Canada Lme VI 4/5 Bait-Orient Lme VI 4/5 Bank Lme V 5 B8S 1 4/5 Bayswater Shpg IV 3 Ben Lme
      682 words
    • 91 14 UPI A MAJOR Japanese engineering firm said it has received an order from Oman Refinery Co to expand its oil refining facility at a cost of US$25 million. Mitsubishi Engineering and Shipbuilding Co said the turnkey deal calls for the company to expand the plants facility
      UPI  -  91 words
    • 118 14 Mr B M Tan has been appointed the area representative of the Far Eastern Freight Conference in Singapore. He will assume his new appointment on Jan 1 following the retirement of Mr W J V Cook, the conference representative for Singapore and Malaysia. An honours graduate in
      118 words
    • 204 15 MORE SEABORNE refugees have been rescued by passing ships since the introduction of a new set of compensation guidelines by the United Nations High Commission for Refugees. The agency will reimburse ship operators US$5 for subsisting a refugee a day. On top of this, the
      204 words
    • 274 15 THE REAGAN Administration, hoping to deregulate even further the US merchant fleet, has received mixed replies from US-flag operators over plans to allow subsidised companies greater freedom to compete in non-subsidised trades. Essentially, current US law bans subsidised operators from competing with non-subsidised US
      274 words
    • 98 15 Bernama THE STRONG winds and rough seas being experienced along the coasts of peninsular Malaysia, Sarawak and west Sabah are expected to persist for 48-60 hours, the Subang Meteorological Office said. In upgrading its advisory issued on Saturday to a warning, it said the present
      Bernama  -  98 words
    • 318 15 AFP A GOOD volume of trade was concluded out of the Gulf states area, although in some cases owners seemed prepared to accept slightly lower rates. Meanwhile, the Baltic International Freight Futures Exchange (Biffex) announced plans to open a tanker freight futures market in February 1986, following the
      AFP  -  318 words
    • 190 15 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.
      190 words
    • 184 15 THE VOLUME OF product carriers scrapping is expected to be maintained at more than 1 million dwt per year for at lest the next 10 years. Vessels going to the breakers are expected to come from the smaller range of less than 45,000
      184 words
    • 211 15 A TOTAL OF 155 Indonesian flag vessels have been scrapped this year following a government regulation which prohibits ships of more than 25 years from trading in its waters. Jakarta Post reported that the ban which was introduced in May last year has led
      211 words
    • 705 17 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
    • 6726 20 A guide to ships loading at Singapore for ports around the world The list below tobulates, 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.
      6,726 words
    • 745 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Leise Maersk 8602 26 12 85 1100 Maersk F5 1200-1300/1300-1400 Al/BI 1400-1500 Fl Jutlandia 454 24 12 85 1700 Ned-EAC F7 0800-0900/0800-0900 P2/S2 1100-1200/2000-2100 S2 Piya Bhum
      745 words
    • 1644 21 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Boustead Shpg Agencies Afeo Lme African Shpg Agencies <S> Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) A
      1,644 words
    • 475 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B«njamas K Poseidon Rajah Brroke Yamasugi Maru Kota Pelangi St Venture Equator 3 Tomoh Satu Nile Pyramids C'tina Isabel K18 K15 K25W K28 K32 K25W K22 K20 K33 K28 K18 Leo Borneo SSPL S'pore Shp PIL SSPL
      475 words
  • Page 13 Advertisements
    • 786 13 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead forewarned will be l forearmed 522.00. THE BOOKSHOP Orient Overseas Cottiaum Line Agents: JMMC SHVfM KENCES (Rof lb. 242*4/0011) 70 Stwfltofl *1 1 *04 03 «»im Ho«m S«hwo<t 0?07
      786 words
    • 63 13 IJMIIDB MARINE SALVAGER John Pierce is setting up the ultimate project raising the Titanic. Pag« II THE REAGAN Administration hos received mixed replies from US-flog operators over plans to allow subsidised companies greater freedom to compete in non-subsidised trades. Pag« 111 Index to advertisers II Shipping Schedules VIII London freight
      63 words
    • 1248 13 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE /i/ KEEP YOUB APPLES FBESH tacomato FASTEST TRANSIT 23 bays Voy I S pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA °S«gapore
      1,248 words

  • Page 14 Advertisements
    • 482 14 VC W WTkTWP YAMASHITA-SHINNIHON LINE Mm. JEs .CONTAINER SERVICES USA/CANADA Pacific South Wnl Pacific North Waat Faadar at Tokyo Faadar at Kobo IMhe ¥SL l* IB OM kMkw Kl SEAT VCR P AMOW 25/1 21/1 KM BRSGE 25/1 27/1 BEKHU M 1/2 4/2 S. BEtSHU M C/ 2 7/2 I.
      482 words
    • 271 14 Supercarrier Service P WIT ARWMISN ROUEN l/l BARBER TEXAS 111. N ROSARIG 27/1 BARBER PERSEUS 27/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm accept** canto tar Houston (MLB). S Francisco Oakland Stockton and San Uef* I Angeles Charleston «u Sa«h TO: CARIBBEAN CENTRAL AMERICA CAMBBCAN Aruba Cm
      271 words

  • Page 15 Advertisements
    • 1019 15 The Straits Steamship Group occ KNM.DCI cnt OF EDOeUtGH FRANKFURT EXPRESS HAMBURG EXPRESS OSAKA BAT KASUGA MARU KNAVON KOmOON BAT CITY OF EDWURGH FRANKFURT EXPRESS Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COHT/UNERSHP SERVICES TO/FROM BANGKOK Sparc PKetang 29/12
      1,019 words
    • 869 15 NOTICE STRAITS/BOMBAY/KARACHI GULF CONFERENCE :r« j j 5* :MJ J -i ;T--EXTRA RISK INSURANCE SURCHARGE Shippers are hereby notified that the Extra Risk Insurance Surcharge (ERIS) would be revised as follows effective 1 January 1986. (a) From 3% to 3.5% for shipments to NonIranian/ Non-Iraqi Gulf Ports. (b) From 3.5%
      869 words

  • Page 16 Advertisements
    • 414 16 w Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriate to Scandinavia. Med, Cambean IS. fuenca Inland hautafe to inland destinations in Europe S'pore PKetangPenanf lenoesßffcao Genoa Hbi>| Rdam Bhaven Km Krtar Ihethß 27/12 31/12 25/1 2/2 Toinn 10/1 12/1 14/1 17/2 12/2 15/2 JU Mubarakiah 25/1 21/1 30/1 1/3 25/2 FROM N.
      414 words
    • 350 16 MC. Slime FULLY CONTAINERISED SERVICE IRANSNORID BRIOOt CHINA C ONI AMR 3M CR PARIS 3W HONGKONG CONIAINER 48# FROM EUROPE VIA SUEZ ,h ce Conjortwii HONGKONG CONIAINER 47E ORIENTAL CHIEF 46E KOREAN lACEIIN 31E Bui in to* to 8 1 li I IS 1 .'0 1 77 1 77 1
      350 words
    • 534 16 Hal Sun Hup Co (Pte) Ltd A*V' TEL *****06 (20 Lines) TLX RS22<*l R*****2 X* KASTKKN < \K LINKIi. LTD. IML INTERMARITIME LTD K Knabatu let: *****0 Jakarta Id: *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM I* Itn Sf fJL Ini Dbn EL Pt CT SARMA V 66
      534 words
    • 626 16 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) •ISO ACCEPTING CARGO 10 1) PROVCENCE WftMK SAVANNAH BOSTON PWAWIPHIA NORFOLK lACKSONWLLE WHMrnCION MRMUOA ETC 2) All ANT A CMC AGO DEtROII COLUMBUS 1 OTHER MAJOR MCKOBRDGf ESTIMATIONS 3) CRISTOBAL 6At BO* PANAMA CUT COION SAN RMN SANTO DOMMGO «N ORLEANS
      626 words
    • 395 16 ORY LINE 7 Container Service IOHSIUNG ON THRU B/L BOOKINGS *****3? INWARD OUTWARD P KELANG *****4 *****8 3P0024 i P JAVA *****4/*****7 i PENANG *****0 7 MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Singapore Loadnf for D In Port B Abbas. B L 10/1
      395 words

  • Page 17 Advertisements
    • 614 17 \v 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 26-27/12 1-4/1 DJIBOUTI, HODEIDAH, PTSUDAN, AQABA KOTA WIRAMA E-603 7-8/1 13-17/1 TAMATAVE, MOGADISCIO, MOMBASA, D'SALAAM, DURBAN KOTA RATNA E-605 7-9/1 13-19/1 ADEN, HOOEIDAH, ASSAB,
      614 words
    • 799 17 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTM ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PEMNG AND EAST MALAYSIAN PORTS IkJJEBSEN LINE wL. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACIFIC [Sin I lae 7/1 131/ MS* SOUTH MB IK Noumea Auck
      799 words
    • 597 17 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER urn* CTflif I 6/1/86 I IC/2/M 23/2/ M IK UK ALSO ftCCEPTMG MtSit RUBBED EXPRESS SEMI-CONTAINER SERVICE TO EUROPE WEST BOUND STOH |G£NO« LQMXS BUM L£ HAMS ADAM HVK HULL GANM GAMA 27-20/12 24/1 29/1 1/2 4/2 t/2 1/2
      597 words
    • 551 17 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore Ptushweuawywa V26IN 27/29 Dec Lokaw VIO6W 27/2S Dec Pa-an VB9M 29/31 Dec Paean V94W 5/7 tan Penanj 24/25 Dec 3/4 Jan BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT A", SPORE R'DAM HULL HMBG 20 Jan
      551 words

  • Page 18 Advertisements
    • 1084 18 fil V*J XV 1 KAWASAKI KISEN KAISHA. LTD. MERRY CHRISTMAS AND A HAPPY NEW YEAR To All Our Clients Friends Spore KAWASAKI SINGAPORE (PTE) LTD. Aoen.i 135 C#cil Street, #11-01 LKN BLDG. TEL: *****77 Terminal Office: 7 Keppel Road #03-16, Tanjong Pagar Complex. TEL: *****50/*****63 MALAYSIA KONTENA NASIONAL SDN BHD
      1,084 words
    • 623 18 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore PHeUnt Penary loading lot CAIABAR Dec Madras B de* Hal*a Calcirfta AURIGA 7 lan 6 Ijn MaAai B deih Hatdu Cafctfta RAVBAS 11 tan M»drm 8 desh Hakfca CaAcutta CHAMNOAS 16 tan Cotanbo Bcmba; Tndia
      623 words
    • 702 18 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD V ln t '<®l ftowncia» Bjnfc BuMnf 60 Ctti Str«l ywc*Pow 0104 m <10 lmes> STRAITS/PERSIAN GUtF SERVICE: !(g rum GOIHN BEAR CutoniDo Karachi Dubai Doha »/10 Ufi GOtDEN CUT Colombo Karachi (»ba. Bahrain M/ 30 lan CHINA OCEAN SHIPPING CO., PEKING THE
      702 words
    • 396 18 •NTRASEA (PTE) LTD. 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 MO Lines) o BREAKBULK SERVICE TO EUROPE/UK Sparc P. KeUnf Lwdnf tor FORT CARLETON *****20 Saied Sated ROT/ANT/UK (AVON)/ BELFAST SOUTHERN PACfIC *****21 21/12 30/12 ROT/ANT/UK (AVOW) Aftnh Sai| apart MTRASEA (PT€) ITO BOOK IK
      396 words

  • Page 19 Advertisements
    • 942 19 &NOL NEPTUNE ORIENT LINES LTD Agents Spate NEPTUNE AGENOES PTE LTD Id No olfcce lermmal CFS BOOKINGS *****/7 fl Ell AUST TP* SEA *****77 *****22 *****53 OS WWCI IWS *****53 *****42 I Bihiu HARPER *fIRA SOW BHD *****0 P Kfijnf HARPER WRA SON BHD *****1 3«?«* p la,a HARPER W*A
      942 words
    • 540 19 SPiWt Aft MIS WPTUNI AGINCKS Plf I ID IH ?/*997/ ?7854 34 ???/510 (Opeutionsl ????4«7 ??09?84 (Inmmjl I ??0?450 7?0?504 (CtS> M*i »»S<« TUNIS SHIA SON BHO Kite! I i PK lel *****4 PIN Tel *****5,36/475 r *rV CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE TO
      540 words
    • 915 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG ft HANG M/S SHARKAT WW SOON SON. BHD. IST AND 2ND FLOOR MESSRS HAI THONG SHfPWG 12?
      915 words
    • 113 19 f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Somarttt Ro*d. #06-01. Ng T»o* Yh*« Dldg S p0r»0923 T«l 235 6444 (4 Knot) Pott Kelang Tiga Pma Shippwif Sdn Bhd Tel 03 3890?4 5 Penang Malaysia Trade t Transport ltd Tel 04 *****3 Pas* Gudang Malaysian Shipping
      113 words

  • Page 20 Advertisements
    • 370 20 COMPAGNIE MALAGACHE OE NAVIGATION (Madagascar National Shipping Line) e HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPECIAIISED HIAVY lIFTFRS AVAIIABIf SHUN-EI MARU Spore 26/28 Dec Loading for: Doha DSR-LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE SI ARTUS 1/tt 4 COTTBUS 1/16 19 PASEWAIK 1 86 5
      370 words
    • 110 20 <fp QJ s FARGO SHIPPING VOMPIHY (PTE) L TO EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAILINGS W[f K1 Y Voy Spore Bkk PIYA BHUM 16W 25/25 Dec 27/29 Dec SKI BHUM 251N 27/21 Dec 31/1 lan SEA GLORY 8549 29/29 oec 1/2 Jan PIYA BHUM 17* 1/1 lan 3/4 lan Acceptmi
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  • Page 20 Miscellaneous
    • 159 20 Regional Weather fi s J a ti M 1M I? T~f W&dfk v%*&Z£* To* ■Ik c —Y Win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C 7lm»n Weather Wind direction with speed in knots Rain
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  • Page 21 Advertisements
    • 128 21 MSC AGENCIs K. LUMPUR P. KELANG POMNG P. GUDANG j. BAHARII LEOSHP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMMAL *****1/2 > *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO EUROPf fna* 11 r -innrTTir-r-TirTTiiTM^M n .r .-MFTTTMnrirTTr;—nmtTTTTTTf tTTTIBCTTMfnn 211 12C.1 211 3.2 2t.l 129.1 4.2 |6 2 fTTm AISO ACCEPTMG FOR: ANTWERP,
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    • 72 21 DIRECT TO CALCUTTA INDIAN FLAG NIRVAN VISHNU (Bit 1973) ETA 28 Dec NIRVAN RAHIM (Bit 1969) ETA 12 Jan Agents: Skipper Shipping Pte Ltd PH: *****49 DAIICHI CHUO KISEN KAISHA. TOKYO .I HAI SUN HUP CO PTE LTD Singapore H S H IM) Sdn Bhd Port Kelang COLUMBUS LINE REEDEREI
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    • 286 21 y r M X ,r 4* GEfBML AGEMTS SEAUON SHPfMG (S) fit LTD. LICORNE SMSTORE SALES/BOOKHCS TEL *****11 (t IIP) I French Lin* REGULAR SEM4-CONT AIMER SERVICE TO BAHGLA-O€SH/INO<A/SRI LAWK A/PAKISTAN M/V CGM m VILS6 M/V CGM VELAY V2IS6 CtfTTAGONG —H— Scan Dutch V ff. TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEIJfcH
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  • Page 22 Advertisements
    • 349 22 V Milsol OS K Lines Ltd CCONVENTIONAL/SEMI-CONTAINER 1 AFRICAS NO l 0 34>jyaui aiiIJLUX&A EAST AFRICA ASTRA PEAK 25 Dec Port Louis, Reunion SEA ARCHITECH 4 Jan Mombasa, Daressalaam OCEAN ELITE 19 Jan Mombasa, Daressalaam WEST AFRICA CONTINENTAL PARTNER 9 Jan P Notre. Abidjan. Monrovia. Tema. A papa SOUTH AFRICA
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