The Business Times, 3 January 1986

Microfilm: NL15303
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, JANUARY 3, ISB6 75 CENTS
    12 words
  • Article, Illustration
    Two seek to remove Promet director
    805 1  -  Extraordinary general meeting to be held on Jan 23 By ALAN LEE, Companies Editor PROMET BHD, the one-time market high-flyer, is facing a boardroom crisis. Two of its major shareholders have requisitioned for an extraordinary general meeting to vote on a resolution to remove
    805 words
  • Article, Illustration
    Workers at Hydril go on strike
    412 1  -  By ELAINE KOH WITH THE SUPPORT of the National Trades Union Congress, about 60 workers of American oil equipment manufacturer Hydril went on strike at 6.00 am yesterday. It was the first strike since 1977. The industrial action came after a secret ballot on
    412 words
  • Article
    What the law says
    126 1 A UNION must first obtain the consent of the majority of its members, by secret ballot, before it can carry out any industrial action. Once the vote for industrial action is given, the union's executive council must inform the Ministry of Labour in writing within seven
    126 words
  • Article
    SES to lift immediate delivery ruling
    260 1 THE STOCK EXCHANGE of Singapore has decided to lift the month-long immediate delivery ruling and trading on a ready basis will resume on Monday, Jan 6. Under the rules for ready trading, investors have to pay for share purchases by the first Tuesday following
    260 words
  • Article
    Statement on GIH finances expected
    168 1 DIRECTORS of Growth Industrial Holdings, who held a meeting yesterday, is expected to make a public statement on the financial position of the group today or on Monday. Meanwhile, some of the investment company's creditors are believed to have rejected a recommendation by an independent
    168 words
  • Article, Illustration
    STOCK MARKET
    78 1 LIGHT BELLING prendre, particularly among Malaysianbaaed Issues, poshed the Singapore stack market lawer on the first trading day of the year. The Straits Times industrial Index lost 7.72 points to finish at CI2J2 after registering a 5.M--point gain on Monday. The Busi- ness Times Composite Index finished at
    78 words
  • Article
    Hyundai wins contract to build airport terminal
    409 1  -  By LISA LEE HYUNDAI ENGINEERING and Construction Corporation of South Korea has been awarded the contract to build Changi Airport's second terminal. This confirms a BT report three weeks ago that the company was likely to beat three other foreign contractors for the
    409 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      165 1 <0^ 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. TIMES THE BOOKSHOP Pork Rib Special •*r Another Specialty only from Dragon City. Discover some of the finest Sichuan and seafood dishes at
      165 words
    • Advertisement
      Page 1 Advertisements Column 2
      281 1 BT continues with the series which examines events that made 1985. Labour Retrenchments and rethink on wage system add up to a watershed year, Page 2 Bonuses: Broking firms cut back on bonuses, Page 13 THE YEAR IN REVIEW 1 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS
      281 words
    • Advertisement
      Page 1 Advertisements Column 3
      102 1 -${],`;.?)![*~'$'^&;%~*;'.^)]]< Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now if you're buying your first private home you can get a five-year interest concession of You II pay only IVi% for a loan up to ten years or |ust 7 for a longer loan
      102 words
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      Page 1 Advertisements Column 4
      2 1 MINOLTA EP3SOZ
      2 words
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  • HOME NEWS
    • Article
      Hewlett wins Intech grant
      604 2  -  Support for information technology development By ZHOU MEI INFORMATION technology development has once again received Skills Development Fund (SDF) support under the Initiatives in New Technologies Scheme (Intech). The latest company to benefit under the scheme is Hewlett Packard (Sales). It is the second private sector
      604 words
    • Article
      Retrenchments and rethink on wage system add up to a watershed year
      1222 2  -  f THE I YEAR IN REVIEW i Labour By CHUANG PECK MING RETRENCHMENTS made the major headlines in 1985. Some of those affected might not find jobs for a long time. Others had new employers waiting. But whatever
      1,222 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      300 2 MOSES KH PHI'A has been appointed the managing director of Sterling Offices (Asia) Pte Ltd, formerly known as Sten Re, the reinsurance arm of the Reed Stenhouse Group. Mr Phua has been a specialist reinsurance practitioner for more than ten years. He is a fellow of the
      300 words
    • Article
      Productivity proposals for manufacturing sector
      435 3  -  By ANNA TEO WIDE RANGING proposals for the manufacturing sector have been put forward by a sub-com-mittee on productivity. The 12-member sub-commit-tee of the National Productivity Council (NPC) has called for tax relief for shift workers, transportation improvements and educational schemes to change attitudes towards
      435 words
    • Article
      Only two resignations from public legal service in 1984
      255 3 THE BRAIN DRAIN of legal talents from the public sector appears to have abated. A 1984 review of the Singapore legal service recently presented to Parliament indicated only two resignations during the year the lowest rate since 1965. A report for
      255 words
    • Article
      SIA invests in a new mainframe computer
      143 3 SINGAPORE AIRLINES recently made a $10 million investment in a new mainframe computer to increase efficiency. The computer, an IBM 3090 model 200, is the fifth mainframe purchased by the airline. The central processing unit, with the power to perform 29 million instructions
      143 words
    • Article, Illustration
      SEB to monitor companies in training programme
      524 3  -  Bureau to help provide financial support By BOEY KIT YIN THE Small Enterprise Bureau (SEB) will monitor the progress of local small and medium-sized businesses in a new training programme, with the intention of providing financial support. The Workshop Consultancy Programme, conducted by
      524 words
    • Article, Illustration
      Newsnet to provide news from 250 publications
      295 3  -  By JEFFREY TSANG NEWS COMES in many forms. But increasingly, this box-like shape will be the form in which much news will be conveyed. This is obviously not a newspaper. It is not a teletext system like SBCtext either. It is Newsnet. Newsnet
      295 words
    • Article, Illustration
      TRADE TALK
      298 3 A NEW LINE of Italian-style furniture for home and office by IVM, one of Italy's leading furniture designers and manufacturers, is now available in Singapore. The IVM home line includes bedroom sets, sofa beds, lounge sets, bookshelves, study desks and chairs and kitchen cabinets with extendable worktops. The
      298 words
    • Article
      Sarsat system to help save lives
      392 3 ASIAN k AEROSPACE'B6 USING A SATELLITE ground station to coordinate rescue attempts in Asia's vast and long coastlines could help to save more lives of air or marine accident victims. The system, known as search and rescue satellite, (Sarsat) is already used in Canada,
      392 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      45 2 jjfj pierre halmain Pierre Balmain Boutiques Centrepoint »02-11 1 ?#■> Orchard Road StoppOMo923Td 734 6341 The Pavilion Inter-Continental *<'1 -l>f> 1 Cuscaden Road Singapore 1024 Tel /.<4>4<>4 Pierre Balmain Corners Metro Grand. Luckv Pla/a Metro St otts S. i >tN Centre Prmtemps Men !en Shopping Complex
      45 words
    • Advertisement
      Page 2 Advertisements Column 2
      8 2 WORLDW/DECOUR/ER Changing the way the world does business.
      8 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      77 3 Hie German Experience with the Baron% Distinction >rV~K--w.: 4 A Experience the timeless pleasures of dining on authentic German cuisine; specialities from the BanWs own smokehouse and roast spit. Or on international f ala carte cuisine. 'qbt Vi 11 ti At the Barons Table, Royal Syva: Singapore 25 Simh Ruhl.
      77 words
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  • OVERSEAS
    • Article
      Lock icon Threat to suspend publication of Mirror papers
      181 4 Reuter PUBLISHER Robert Maxwell warned on Wednesday that he would suspend the publication of his Mirror group newspapers unless print unions accepted a cost-cutting programme. Maxwell said differences had arisen between the management and unions about the number of jobs to be shed
      Reuter  -  181 words
    • Article
      Lock icon New law gives greater powers to UK police
      558 4 AP A CONTROVERSIAL law giving greater powers to British police and new rights to suspects came into force on New Year's Day, promoted by the Conservative government as the answer to rising crime but attacked by critics as an erosion of civil
      AP  -  558 words
    • Article
      Lock icon Nuclear talks
      58 4 Reuter AUSTRALIA will press its case in Britain next week for millions of dollars in compensation to clear up the radioactive mess left behind by nuclear tests dating back 30 years. Talks will be held on an Australian investigation into the effects of the tests carried out in
      Reuter  -  58 words
    • Article, Illustration
      Lock icon Exchanging hopes for peace — and differences
      366 4 Exchanging hopes for peace and differences UPI ALTHOUGH the format of their New Year greetings was nothing like a debate, US President Ronald Reagan and Soviet leader Mikhail Gorbachev identified their main area of disagreement weapons in space, using many of the same words and ideas to hope for a
      UPI  -  366 words
    • Article
      Lock icon Phobia over photocopiers
      378 4 UPI LONG AFTER it became a standard piece of office equipment in the West, the common photocopier remains an object of suspicion and rigorous police control in the Soviet Union. "If you want to copy an American article one already published in the United States you have
      UPI  -  378 words
    • Article
      Lock icon Congress to consider stiff import curbs
      624 4 Reagan 'too easy' on nations with surpluses Reuter A TAX ON the goods of countries enjoying big surpluses in their trade with the US and retaliation against nations that subsidise their exports are among proposals to be considered by Congress when it resumes work
      Reuter  -  624 words
    • Article
      Lock icon Mexico seeks trade concession from US
      285 4 AFP HARVARD-TRAINED President Miguel de la Madrid will argue the case for Mexican shoes, textiles and steel being allowed into the US, when he meets American President Ronald Reagan today. Officially at stake, in the scant three hours of talks at Mexicali on the
      AFP  -  285 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      893 4 ARRIVALS Operator Service Local From number time THAITG981 0025 BKK FT FT71 OHO JEK/ORD/ANC /NRT/MNL/TPE PAA PA21/5 0)55 LAX/TYO/HKG SV SV398 0445 JED/RUH StA SQ4I 0615 MAA SJA SQ43 0730 DHA CAL CIOIO 0740 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL
      893 words
    • Article
      Lock icon China warns Hanoi it will fight to the end
      336 5 UPI IN A WARNING to Hanoi, Communist Party chief Hu Yaobang told Chinese troops stationed on islands 400 km off Vietnam's coast that China will oppose Vietnamese aggression in Cambodia to the end, the official Xinhua News Agency reported yesterday. "China
      UPI  -  336 words
    • Article, Illustration
      Lock icon Gurkha assault on a Guinness record
      131 5 Reuter THE FAMED FIGHTING SPIRIT of the Gurkhas brought them new glories in Hongkong on Wednesday when 170 of them staged a world record assault on a land rover (9— picture). The assault was made by Nepalese soldiers from the 28th squadron of the
      Reuter  -  131 words
    • Article
      Lock icon Saudi prince urges a bigger role for women
      205 5 AP PRINCE SULTAN bin Salman, popular as the first Arab and Muslim astronaut, was quoted as making a daring advocacy in a male-dominated society: women of Saudi Arabia should be accorded a greater role to play in the oil-rich, theocratic kingdom. In
      AP  -  205 words
    • Article
      Lock icon New rupiah rate for computing duties
      72 5 AFP INDONESIA'S Finance Ministry has revised the exchange rate of the rupiah to foreign currencies for calculating import duties over the next three months with the dollar rising four points from 1,123 to 1,127 rupiah. The list shows the deutschemark rising from 385 to
      AFP  -  72 words
    • Article, Illustration
      Lock icon Libya warns of a worldwide conflict
      363 5 Reuter LIBYAN LEADER Muammar Gaddafi warned the US and Israel on Wednesday that aggression against Libya would set off a war that might engulf the world. The Libyan news agency J ana, monitored by the British Broadcasting Corporation, quoted Gaddafi in a Tripoli news
      Reuter  -  363 words
    • Article
      Lock icon Jakarta exempts world bodies
      53 5 AP THE INDONESIAN Finance Ministry is exempting land and buildings used by international organisations from property tax. The exemption, effective from Jan 1, applies to such organisations as UN affiliates, agencies for technical cooperation between Indonesia and other countries, and cultural agencies, according to the newspaper
      AP  -  53 words
    • Article
      Lock icon Indonesia's TV fire may be sabotage
      169 5 Reuter A FIRE which gutted a studio of Indonesia's state-run television could have been an act of terrorism, a leading member of Parliament was quoted as saying by the official Suara Karya daily newspaper yesterday. Suara Karya quoted Suhardiman, deputy chairman of the parliamentary
      Reuter  -  169 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      35 4 tj, r a. h <• 'iM A-'W V *t£k-a V. TA A t 1 24-hr. Cafe CLUB 101 DISCO KANGXI LOUNGE PLUM BALLROOM 3RD STOREY 24-HR CAFE POOL CAFE HEALTH FITNESS CENTRE 500 ROOMS AND SUITES
      35 words
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      122 5 lUfs*' ■ME*Br®rv a T •;.r > 7\ A 'J •i m&M. i r># >• v<% *S*S £>: <iS ?Si <IBiMT mmn? s\. JT < >. ?U* 5, ft rfs* L mm r >-V\'-<S rk«^- v SVS M >. tn 4 ✓r V \n e> > m 5- -> i 4
      122 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      63 5 Doonesbury 'UMMSIiWBPkeiL SON, UAS ABOUT fm&l AHEAD, l!2£P\Xr KNOHUYOULOte THESE BELIBOTTOMS, m m m m TT MAS ABOUT f&scNAL&mm.: 1.. I THINK. Tfli ready to eer in TOUCH U/fTH/W FEMININE SIDE. uh.pl/., I KNEW iOUVCOME AROUND! S r~ BY GARRY TRUDEAU ..AHPPRmPUD uoTIETnS ATTIVfcM m// /P/, > nvr >" HARD
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  • AIR CARGO
    • Article, Illustration
      Two challenges on the horizon
      759 6  -  Economic downturn and mounting competition By RAY HEATH, Associate Editor SINGAPORE'S air cargo industry has entered the New Year facing two challenges. A shrinking economy has reduced demand for its services just as Changi's pre-eminence as a cargo centre comes under attack. In March of
      759 words
    • Article
      Pre-tax profits of British Airways up 6.3pc
      378 6  -  By LIM SOON NEO BRITISH AIRWAYS turned in pretax profits of £201 million, an increase of 6.3 per cent, for the six months ended Sep 30, 1985. The airline reported a turnover of £1,743 million against £1,573 million for the same period last
      378 words
    • Article
      DHL sets up new Jakarta office
      98 6 COURIER COMPANY DHL International and its Indonesian representative PT Birotika recently opened their new office in Jakarta's prestigious Wisma Metropolitan II building. The move was brought about mainly by the expansion within the company and the need for a more central location with the
      98 words
    • Article
      MAS centre's opening put off
      231 6 MALAYSIAN Airline System has put off the opening of its new cargo centre, scheduled for New Year's Day, to March 1. A spokesman for MAS said other freight forwarders have asked it to hold back the official opening because they have not completed renovating their
      231 words
    • Article
      WEEKLY FREIGHTER
      215 6 ARRIVALS DEPARTURES Operator Flight Local From Operator Flight Local For number time number tune FRIDAY FT FT7I 0110 JFK/ORD NW NW906 1035 HKG/NRT/ ANC/NRT LAX/SFO MNL/TPE KAL KE697 0200 BKK/ FT FT7I 2355 JFK/ORD (SEL) ANC/NRT KAL KE698 0200 BKK/ TPE (SEL) JAL JL615 0945 KUL FT FT76
      215 words
  • RAW MATERIALS
    • Article
      Lock icon Currency fluctuations shook up markets
      1272 6 AFP CURRENCY MOVEMENTS last year caused much havoc on commodity markets, many of which were also subjected to more disturbing factors. The year 1985 drew to a close with no solution in sight to the crisis caused by the debt-ridden International Tin Council's (ITC) failure
      AFP  -  1,272 words
    • Article
      Produce exchange
      148 6 Chinese Produce Exchange Robusta 20/25% FOB NSW ***** (Setters' noon doting prices on Nutmeg Jon 2 (SS/100 kg) 1 10 FOB NSW 520 00 Coconut oil E&W FOB NSW 462 00 Bulk FOB 70 00 Gombier Old drum FOB 83 00 FOB NSW 330 00 New drum FOB
      148 words
    • Article
      RICE
      197 6 Singapore Bangkok (S$/kilo. ei-godown) (US$/tonr»e, FOB) Frogront new crop White Rice 1st 0 73 100% 1st closs unq 2nd 0 55 100% 2nd closs unq 3rd 0 55 100% 3rd closs unq New Crop 5% unq 25% no stock 10% unq 10% no stock 15% unq Thai Broken 20%
      197 words
    • Article
      RAS and MRELB
      338 6 RAS prices m S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers tnt 1 RSS Prompt 152 00 I53 00N 152 25 153 25N Int 1 RSS Feb 86 154 25 154 75 154 50 155 00 Int 1 RSS Mor 86 154 50 155
      338 words
    • Article
      Untitled
      13 6 KL TIN Closing prices on ion 2 (M$/kg) Price Suspended Turnover (tonnes) Suspended
      13 words
    • Article
      SSR and SMR
      107 6 (cents/kg, 1-ton pallets) g 0^ MAR 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 151 00 153 00N 151 50 153 50N SSR 50 149 00 151 OON 149 50 151 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 217
      107 words
    • Article
      PALM OIL
      172 6 MALAYSIAN crude palm oil prices weakened to close at yesterday's lows on persistent selling pressure and buyer reserve following a lack of fresh factors and India's absence from its normal weekly vegetable oil tender. Trading was moderately active. February deliveries in the south region dropped Ms3o to $785
      172 words
    • Article
      RUBBER
      194 6 SINGAPORE The market closed higher yesterday with February One RSS buyers quoted at 154.50 cents per kg, up four cents from Monday. The morning session gained 0.75 cent on some speculative buying in quiet trading. Prices rose further in quiet afternoon trading on light buying interest. MALAYSIA The market
      194 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Forex markets
      740 7 SINGAPORE The US dollar closed easier yesterday against most major currencies in thin but nervous trading. The dollar closed at a five-year low of 198.80/90 yen compared with New York's Tuesday 199.95/200.05 close. It closed lower at 2.4355/65 marks compared with New York's Tuesday 2.4400/20 close and at
      740 words
    • Article
      Foreign Exchange
      248 7 Interbank rates at 3pm on Monday: Currenci** Nominal Bid niM Smithsonian Offar croaa parity changa Local dollars to one unit of foreign currency: US dollar Sterling pound Australian dollar NZ dollar Canadion dollor 2 1020 2 1030 2 8196 -25 45 3 0689 1 4335 1 0552 *****
      248 words
    • Article
      Lock icon Simex
      328 7 BA Futures MARCH EwmUUar opened at 92.26 and moved marginally higher yesterday. A fairly large selling order from a US broker during lunch-time pushed the March contract to 92.23. Liffe opening saw prices remained depressed with the March contract finally settling at 92.24. Currency futures gapped up sharply as
      BA Futures  -  328 words
    • Article
      Gold
      175 7 HONGKONG: The metal closed lower in moderately active trading on the first trading day of the year yesterday. It ended at U*****.80/328.20 an ounce against the $328.70/329.20 close in New York and the $326.95/327.45 finish here on Tuesday. On the local market, gold gained HK$9.5O to close at $3,050
      175 words
    • Article
      Money markets
      79 7 THE OVERNIGHT rate on the Singapore interbank money market fell by V* point from Tuesday to close at 4 3/ per cent yesterday. The one-month term rate fell by 3/16 point while the two and three-month rates fell by point each. S$ Interbank rates at 3pm yesterday: Offer
      79 words
    • Article
      Asian $ market
      306 7 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Period rates were steady to slightly lower at the outset and remained unchanged in subsequent trading. One month closed at B'/» 8 per cent, three months at 8-1/16 7-15/16 and six months at 8
      306 words
    • Article
      Lock icon German banks ready to deal with market changes
      145 7 Reuter WEST GERMAN banks are well placed to deal with innovations in the Euro-financial market, the heads of Deutsche Bank AG and Commerzbank AG have said. Deutsche joint management board spokesman Alfred Herrhausen wrote in the Handelsblatt newspaper that German banks find
      Reuter  -  145 words
    • Article
      Lock icon Weaker dollar expected
      443 7 AFP THE US DOLLAR has dropped to its lowest level for two-and-a-half years, and the decline will continue this year, analysts in Washington say. But they are unsure how it will behave in the longer term. The Federal Reserve Board Index shows the dollar's rating against other
      AFP  -  443 words
    • Article
      Lock icon IMF adjusts weightings for SDR
      79 7 Reuter THE INTERNATIONAL Monetary Fund has reset its procedure for determining the value of its special drawing right currency. Effective from Jan 1, the value of the SDR will be the sum of the values of the following amounts of each currency: US dollar 0.452,
      Reuter  -  79 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      218 7 Howa cheque book can give your family $50,000 worth of security, free J ijai%#; p »'siAkA. 7. J,-- Ifsj "!%A> j. *r* JB&l* *4s®" I xt*sP* HHV :> r N •c if f v Sr^i v r* i fti? > 5^ 4 jr± > r SE > f, H tH
      218 words
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  • FEATURES
    • Article
      Human faces on the screen
      508 8 TELEVISION has the power to do harm, destroy cultures, encourage violence and damage literacy. On New Year's Day it also proved that it could fulfil the ideal that nation should speak peace unto nation as the leader of each of the two most powerful nations
      508 words
    • Article, Illustration
      Lock icon Widespread alarm over US mergers
      1680 8  -  Biggest wave of corporate acquisitions and buyouts The merger mania in America has sent stock prices to levels no one ever envisioned for 1985. But the boom in corporate debt that it has created is bringing warnings even from those involved in financing the multi-billion
      NYT  -  1,680 words
    • Article
      Lock icon New Year's cards a Japanese passion
      927 8  -  By CLYDE HABERMAN NYT ON NEW YEAR'S Day in Japan, the postman only rings once. That is more than enough, many people feel. Across the length of the Japanese archipelago on Wednesday morning, the postman delivered nearly 3.5 billion New Year's cards. He did
      NYT  -  927 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      198 8 Better Management for Higher Productivity Management for Everyone NEW MARKETING GREAT IDEAS management Understanding Management C Northcote Parkinson. M K Rustomfi 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
      198 words
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      Page 8 Advertisements Column 2
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      660 8 tmwkhdob CRYPTIC PUZZLE ACROSS 4 City of the modern miss (6) 7 Do a front turn both ways! (2, 3, 3) 8 The score's two nil (6) 10 The runagates' stone (5) 13 Costly enough for an exclamation by me (4) 14 Long tree? (4) 15 Of high personal standing!
      660 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      27 8 teak-Dickers I PS<£D roR 12 n 0 GROSS or Tnese Vo*, BUT ONLV 42 v < 1 u>Ro*re OUT THe Disc£eppiMcy miGHT FVS U3GJ-LTRLK TO Pi £>RICX cOFNL-L
      27 words
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  • SPORTS
    • Article
      Lock icon Hobart yacht race organisers plan new starting procedure
      174 9 Reuter ORGANISERS of the SydneyHobart yacht race plan to introduce a new starting procedure for this year's event which they hope will solve the increasing problem of overcrowding. Competitors in last year's race pressed for changes following several incidents in Sydney Harbour
      Reuter  -  174 words
    • Article
      Lock icon Watson to play in Phoenix tennis open this year
      182 9 UPI TOM WATSON is one of 48 of the leading money-winners in the 1985 PGA tour to make an early commitment to the Phoenix Open this year. The Phoenix Thunderbirds announced on Tuesday that Watson will end an eight-year hiatus of
      UPI  -  182 words
    • Article
      Lock icon Missed catches turn the match
      456 9 AP TWO EARLY costly dropped catches yesterday let India off the hook and set it on the way to a mammoth first innings total in the vital Third Test against Australia. Australia had the mortifying experience of seeing only one wicket drop in 361 minutes
      AP  -  456 words
    • Article
      Race for Trophy still keen
      424 9  -  Yachting contest to feature cream of Singapore's sailing fraternity TATLER/f a/iwf CHALLENGETROPHY By WALTON MORAIS ALTHOUGH this year's competition will not have the excitement of the Admiral's Cup looming before it, Sunday's yachting contest for the TatlerCartier Trophy is expected to be just as keen.
      424 words
    • Article, Illustration
      Lock icon New Year fright for Becker
      355 9 Reuter DEFENDING CHAMPION Boris Becker was given a fright by American Jimmy Brown on New Year Day, the opening day of the Young Masters tennis tournament in West Berlin. Becker, 18, defending the title he won last year, dropped the first set before finding his
      Reuter  -  355 words
    • Article, Illustration
      Lock icon Crowd of 300,000 watch start of Paris-Dakar rally
      817 9 AP SOME 300,000 PEOPLE, by police estimates, braved freezing weather in Versailles, France on Wednesday to watch 123 motorcycles and 353 cars and trucks set off towards the sand seas of the Sahara and the jungles of Guinea in the world's longest
      AP  -  817 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      174 9 f Golden 5 Phoenix Sichuan Vegetarian Feast Diner And how it all begins Diners of today, more discerning in taste and definitely calorie-conscious. With us. discover a Sichuan vegetarian fare that has become an exquisite full 8-course Sichuan spread. Out goes the tasteless canned r vegetables and pallid mock meat.
      174 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1104 9 m FRIDAY NIGHT MOVIE Malice In Wonderland 10.30 pm, Channel 5 Elizabeth Taylor and Jane Alexander play two influential and nasty gossip columnists who had Hollywood stars kissing their feet in the 30's just to get a good word in the papers The movie covers the lives of the two
      1,104 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Occidental to buy Midcon for US$3b
      715 10 NYT OCCIDENTAL Petroleum Corp has agreed to acquire Midcon Corp, the owner of one of the largest natural gas pipelines in the US, for about US$3 billion. For Occidental, America's ninth biggest oil company, the Midcon deal would be its second major acquisition in
      NYT  -  715 words
    • Article
      Lock icon GAF raises US$3.5b to finance Union Carbide bid
      263 10 UPI GAF CORP has raised most of the money it needs to finance its hostile takeover of Union Carbide Corp. The company signed securities purchase agreements on Tuesday for the sale of US$3.5 billion in bonds and stock placed by Drexel Burnham
      UPI  -  263 words
    • Article
      Lock icon Hill Samuel not aware of any Unilever, Beecham talks
      148 10 Reuter HILL SAMUEL, merchant bankers for Beecham Group PLC, has no knowledge of Unilever Group PLC engaging in talks on a secured bid by Unilever for the pharmaceutical group. In response to an inquiry, a spokesman for Hill Samuel said: "We
      Reuter  -  148 words
    • Article
      Lock icon Mixed response to Fed's move to curb junk bonds
      498 10 NYT THE FEDERAL RESERVE Board's effort to limit corporate takeovers financed by junk bonds has received encouraging support from a substantial part of the business and financial establishment in the US. Comments filed with the central bank show that among those
      NYT  -  498 words
    • Article
      Lock icon Four US corporations take sizeable write-downs
      517 10 NYT FOUR CORPORATIONS have decided to take sizeable charges against earnings before closing the books on 1985, reflecting the problems of the heavy industries in the US. The four are Kaiser Aluminum and Chemical, Ideal Basic Industries, Halliburton and Lone Star Steel. In San
      NYT  -  517 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      537 10 f ma. m M 1 1 iUk I .1 *> x :v S f'^ J mb ■i i r i i Order A Jack Daniel's Blaek Label Be A Winner! With every order* of Jack Daniel's Black Label, you're entitled to 2 lucky draws and on your second order, the
      537 words
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      Page 10 Advertisements Column 2
      148 10 AND THE PERFECT COMBINATION (.(Kill MI'MC ANl> (.OOI> WINK liOOl) FKIF.NI)«> AND IJU i.HTER YtM AMI YOCRS AT THK 1.01V.K K<tSEMAkIK IMUSY MAM Kl IC A AMI KMMANI H WITH TOPCHAKTKK> OI.IHKs AMI R<KK V ROU.PIT EVERYTHING INTO PERFECT COMBINATION FOR A PF RFFC T NH.HTOIT 270 (Irrlurd K.ad MVM'IIKI
      148 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      468 11 HONGKONG: Share prices yesterday closed sharply higher on a late round of institutional buying. The Hang Seng index surged 21.93 points to 1,774.38 with nearly all the gains in the afternoon session. Bank stocks and utilities led the advance as HK Bank rose 25 cents to HK17.95 while Hang
      468 words
    • Article
      Bangkok
      136 11 BANGKOK: The Stock Exchange of Thailand Index yesterday shed 0.74 to 134.21. Turnover amounted to 105,968 shares valued at 16.9 million baht. JAN 02 A ok ham Thai lakts Skxti Citizen Sram Oty 57 420 unch Asia F*>re Ayuthaya ln» And Trust Bangkok Aground Bangkok Bank Bank Of Ayudhoya
      136 words
    • Article
      Sydney
      542 11 SYDNEY: Australian share markets yesterday closed firmer on the first day's trading of this year with an injection of new funds by institutional investors pushing prices up. Near the close, the All Ordinaries index had gained 7.1 points to 1,010.8, the All Industrials 8.0 to 1,495.0, the All Resources
      542 words
    • Article
      Manila
      67 11 JAN 02 f«a Onentol B Phrfex B 0012 0 011 0 1450 unch Anglo Phil Apex Mmmo B 0001 unch nrm7s .«rh PLOT 37 -06 Podco B unch unch Basic Petroleum Benguet Coo B 0 0024 San Miguel B Seafront 1650 0 005 -05 inch Fnt PW Hdgs 1
      67 words
    • Article
      Lock icon China and GE agree on turbine prices for N-station
      249 11 AP CHINA has reached agreement with Britain's General Electric Co on the price of turbines for the Daya Bay nuclear power station near Hongkong. A memorandum of understanding was signed on Tuesday in Beijing and climaxed months of difficult negotiations in
      AP  -  249 words
    • Article, Illustration
      Lock icon Japanese video industry braces for change
      565 11 AFP THE CLASSIC video recorder, one-time pacesetter of Japan's popular electronics industry, is losing momentum and forcing makers to look to new products and markets. Exports of video casette recorders (VCRs) plunged 21 per cent in November compared with the same month in 1984,
      AFP  -  565 words
    • Article
      Lock icon Industrial Equity takes 41.5pc stake in Australian Gas
      266 11 Reuter INDUSTRIAL EQUITY Ltd (lEL) said it had acquired 41.5 per cent of the issued capital of the New South Wales gas utility, Australian Gas Light Company (AGL). lEL said in a statement it spent U*****.21 million buying 19.52 million shares and
      Reuter  -  266 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      543 11 K )RPfl s For a Rsranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour You too can enjoy the pleasure daily, for only SSI4 00++ per person The Luna Coffee House, Apollo Singapore. We ve
      543 words
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      Page 11 Advertisements Column 2
      125 11 .1 Life after Uotl PoPulftr 3* r 2 Live Binds Nightly! spm lam (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Daily) It's a real happy time! Just buy a drink and get the second FREE. bOUNGW (CAIRNHILL HOTEL) Ground Floor, 19 Cairnhill Circle,
      125 words
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  • SHARE INFORMATION
    • Article, Illustration
      Malaysian counters lead market's downturn
      4396 12 MALAYSIANBASED counters led the losers' pack as the Singapore stock market closed at around its day's lowest levels on the first trading session of the New Year. Most investors were still enjoying their holidays, as evident from yesterday's low turnover of 5.99 million units valued
      4,396 words
    • Article
      Chief price changes
      278 12 SINGAPORE Rises Indices Botu Lmtong 520 C ft C 260 J C Em 100 NST 595 Londmorls H 50< 201 Kump Emoi 50* 119 Mtilphu Intl S0< 38 B Sembowong, 292 Liox Corpn 178 Im»o« 50« 154 S«mb Shipvord 86 Falls MTf 265 C 1 Holdings 119
      278 words
    • Article
      Business done on the SES
      2752 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      2,752 words
    • Article
      COMPANY MEETINGS
      116 12 TOSHBAR CORPORATION Berhad: EGM at Room 1, No 5C Jalan Gurney, ***** Kuala Lumpur on Wednesday, Jan 8, at 4 pm. CEREBOS PACIFIC Limited: 4th AGM at the Winter Room, South wing, 8th Floor, Mandarin Hotel, Orchard Road, Friday, Jan 10, at noon. MALAYAN CABLES Berhad: EGM at
      116 words
    • Article
      Unit trusts
      285 12 Managers' prices MARA-Bumiputra for Jan 3 First B putro 4 59 4 64 Singapore Unit Trust Second B'putro Third B'putro 4 27 4 32 3 54 3 59 The Commerce t 05 1 II Fourth 6 putro 3 82 3 87 The Savings Fund 0 86 091 Fifth
      285 words
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  • COMPANY NEWS
    • Article
      Broking firms cut back on bonuses
      537 13  -  THE I YEAR IN REVIEW I Bonuses I By HOMER CHEN BESET WITH PROBLEMS last year, local stockbrokers reduced the average amount of the traditional year-end bonuses paid to their employees. Last year's bonuses were lower than 1984's and many firms gave nothing at
      537 words
    • wmi MM
    • Article
      Shareholders advised to support acquisition of Uniphone
      249 13 DESCRIBING the terms and conditions of the Uniphone purchase as "fair and reasonable", Pertama Chartered Merchant Bank Bhd has recommended that the shareholders of Malayan Cables vote in favour of the deal at the forthcoming EGM. The independent advisers to the minority shareholders
      249 words
    • Article
      Most stocks in KL lose ground
      664 13 THE KUALA LUMPUR stock market ended the first trading day of 1986 on a dismal note as share prices slid across the board in quiet trading. Most counters recorded double-digit losses as sellers abound from the opening bell and there were comparatively few buyers.
      664 words
    • Article
      Malayan Cables to go ahead with purchase
      407 13  -  By RAMESH CHANDIRAMANI THE FAILURE to resolve a dispute triggered by a condition imposed by the Malaysian Ministry of Trade and Industry (MTI) should not jeopardise Malayan Cables Bhd's proposed $70.4 million purchase of Uniphone Sdn Bhd. Both the MTI and the KLSE
      407 words
    • Article, Illustration
      Sunshine buys Hongkong offices and car parks for HK$36m
      318 13 THE SUNSHINE Australia group's Hongkong vehicle, Sunshine Pacific Ltd, has bought more assets in the territory. Just before the year ended, it acquired a floor of the Peninsula Centre in Tsimshatsui East and car parking space for a total of HK$36
      318 words
    • Article
      COMPANY BRIEFS
      337 13 8INGAP0RE PRESS Holdings on Dec 27 announced that the Telecommunication Authority of Singapore bought 220,000 shares for a cash consideration of $1.18 million, increasing its stake in SPH to 8.33 per cent from 8.24 per cent. UNITED OVERSEAS Land Lid yesterday announced that its board accepted the resignation
      337 words
    • Article
      Business done on the KLSE
      2522 13 BID and "offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets in lots of 1.000 units unless otherwise specified. Industrials A Choc (2 OOS) Alcom 0 608 0 61S)
      2,522 words
    • Article
      Selected indices
      99 13 HONGKONG Tuesday 1468 8 Hong Seng Index Week ago Closed Thursday 1774 38 NEW YORK Tuesday 1752.45 Week ago Closed Dow Jones Tuesday 1546.67 TOKYO Monday 1550 46 Week ago 1519.15 Nikkei Average Thursday Closed Standard Poors Wednesday Closed Tuesday 211 28 Monday 210.67 Week ago *****.59 Week
      99 words
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      Page 13 Advertisements Column 1
      10 13 M anagers ust anage BT shows you how every Monday.
      10 words
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      Page 13 Advertisements Column 2
      275 13 NOTICES IN THE MATTER OE THE COMPANIES ACT, CAP. 185 Hi IN THE MATTER OP CO-OPERATION DEVELOPMENT PTE LTD (lacwpinM la Bappw) (la members' vstaatary wtadlag up) At a general meeting of Co-operation Development Pte Ltd duly convened and held at 20 Maxwell Road, #08-01 Maxwell House Singapore 0106 on
      275 words
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      Page 13 Advertisements Column 3
      293 13 IN THE MATTES OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTES OF MILLION HITS PTE LTD (IN VOLUNTABY LIQUIDATION) At an Extraordinary General Meeting of the Members of MILLION HITS PTE LTD duly convened and held at 37 Kallang Pudding Road #00-06 Tong Lee Building Singapore 1334 on
      293 words
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      Page 13 Advertisements Column 4
      308 13 iCfc«: I 'M" f.\ il>' tL THE COMPANIES ACT, CAP. 186 AND IN THE MATTES OF TERRASCIENCES (PAS EAST) PTE LID At an Extraordinary Geni eral Meeting of the memi bers of TERRASCIENCES (FAR EAST) PTE LTD duly convened and held at BP 145 Lausanne Challly 1012, Switzerland on 28th
      308 words
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      Page 13 Advertisements Column 5
      258 13 IN THE MATTES OP THE COMPANIES ACT, CHAPTER 185 AND IN THE MATTES OP KEAN CHI AN ENGINEERING PRIVATE LIMITED (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 47 Hill Street, #05-01 Chinese Chamber of Commerce Industry Building. Singapore 0617,
      258 words
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  • Article
    Lock icon Beijing imposes car tax on foreign companies
    297 14 AP FOREIGN BUSINESSES already smarting from accommodation and foreign exchange problems in China have received an unwelcome new year's notice from the tax man a car tax retroactive to last May. According to the Beijing Highway Tax Collection Centre yesterday, the new tax
    AP  -  297 words
  • Article
    Revenue of hotel industry slips
    506 14  -  Takings have fallen back to 1981 levels By LEE HAN SHIH THE MONTHLY revenue of Singapore's hotel and restaurant industry has dropped back to its level in 1981, after more than $1 billion have been invested in the past four years on new buildings. In
    506 words
  • Article, Illustration
    Monkey charms its way to win top prize for Singapore
    390 14 IT LOOKS LIKE the monkey did it. With a towering Monkey God dominating its float, Singapore received the top award at the 97th Annual Tournament of Roses at Pasadena, California, on New Year's Day. The gods must have been smiling
    390 words
  • Article
    Dewi names others in SIA fraud case
    406 14 THE INDONESIAN woman jailed on Wednesday for swindling Singapore Airlines (SIA) of US$5.4 million had been a fugitive from the law for two years. Her two-year-and-nine-month jail sentence by a Medan court followed a trial lasting some two months, during which Mrs Dewi,
    406 words
  • Article, Illustration
    Lock icon Sobering rides on donkeys
    132 14 Reuter INDIAN POLICE have found a novel way of punishing revellers who made asses of themselves on New Year's Eve. They parade them through the streets on donkeys. More than 50 men, hands tied and faces blackened, were taken on donkeys around southern Delhi on New
    Reuter  -  132 words
  • Article
    Lock icon Exco appoints Khoo and Ng as directors
    92 14 Reuter EXCO INTERNATIONAL PLC, a British financial services firm, has appointed hotelier Tan Sri Khoo Teck Puat and banker Allan Ng Poh Meng as directors. Khoo will be appointed as deputy chairman while Ng will join the company's executive committee. Khoo holds a
    Reuter  -  92 words
  • Article
    Dow Jones lower
    60 14 THE US stock market yesterday pulled sharply lower in early trading. The Dow Jones industrial average, down four points on Tuesday, was off 13 to 1534. Broader indicators were also lower. Declines led advances by a three-two margin on a turnover of 11.16 million shares. Hie Comex
    60 words
  • Article
    Lock icon MCA considers merger with Gerakan
    118 14 Bernama THE MCA is considering a possible merger with the Gerakan as a long-term plan to restore the confidence of the Chinese community in the two parties and strengthen their political resolve. Disclosing this yesterday, MCA president Tan Koon Swan said it was one of
    Bernama  -  118 words
  • Article
    Lock icon Words which the Unicorn Hunters want killed
    183 14 UPI IF THE Unicorn Hunters could have their way with words, they would do away with a few of them. For the Uth time, the group of poets, writers and artists has opened the new year with an annual list of overused, misused
    UPI  -  183 words
  • Article
    Lock icon Manila clergy wants clean poll
    255 14 UPI. Reuter CHURCH LEADERS have mounted a campaign from the pulpit and over their radio to safeguard elections in February, warning that failure to hold clean polls may spark "greater instability and violence". Opposition leader Corazon Aquino brought her campaign to unseat President Ferdinand Marcos
    UPI.; Reuter  -  255 words
  • Article
    'No' to old clothes
    58 14 THE GOVERNOR of south-east Sulawesi has issued regulations banning the import of second-hand clothes. Governor H Alala said importing used clothing was demeaning to people's prestige and there were no health guarantees. The Merdeka newspaper yesterday said the garments normally come from Singapore, and are smuggled
    58 words
  • LATE FILE
    • Article
      Lock icon Dissidents take tough stand
      48 14 AFP DISSIDENTS claiming control of the main nationalist faction in the Cambodian resistance yesterday virtually ruled out any accommodation with its founder, Son Sann. Their leader, General Sak Sutsakhan, said in a statement that "polemics have lasted long enough" with Mr Son Sann. AFP
      AFP  -  48 words
    • Article
      Lock icon Philippine GNP down 3.95pc
      50 14 Reuter THE Philippines' GNP fell 3.95 per cent in 1985 because of unfavourable global conditions and the government's austerity programme. But Economic Planning Minister Vicente Valdepenas said the economy was expected to grow 1.5 per cent this year because of a rise in farm output. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Lloyds capacity boosted
      34 14 UPI THE capacity of Lloyds to underwrite insurance business in London has risen for 1986 by more than 25 per cent from L 6.6 billion to an estimated £8.5 billion. UPI
      UPI  -  34 words
    • Article
      Lock icon Iran'B PM to visit China
      38 14 Reuter IRAN'S Prime Minister MirHossein Mousavi will visit China in the near future. China's outgoing ambassador to Iran, Fan Zuokai, announced the visit after a meeting with Iranian Foreign Minister Ali-Akbar Velayati. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Prospects for UK rate cut
      40 14 Reuter BRITISH Chancellor of the Exchequer Nigel Lawson said prospects for a cut in British interest rates hinged on the pace of domestic pay rises and external factors such as the US budget deficit. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Gorbachev gives guarantees
      35 14 UPI PRESIDENT Gorbachev, in a letter to a London politician yesterday, said Russia would give "firm and effective" guarantees to any nation that refused to base nuclear missiles on its territory. UPI
      UPI  -  35 words
    • Article
      Lock icon Artificial heart woman improving
      35 14 AFP MARY LUND, the first woman to receive an artificial heart, is beginning to show signs of coming out of the coma-like state she has been in since Dec 19. AFP
      AFP  -  35 words
    • Article
      Lock icon Coetzee to fight Bruno in March
      39 14 AP FORMER world champion Gerry Coetzee of South Africa will meet Britain's Frank Bruno at the Wembley arena on March 4 in a final eliminator for the World Boxing Association heavyweight crown. AP
      AP  -  39 words
    • Article
      Lock icon Rocket hits Israel
      27 14 UPI A SOVIET-made Katyusha rocket fired from Lebanon crashed into northern Israel yesterday, damaging four cars and a building but causing no casualties. UPI
      UPI  -  27 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      166 14 EXPATRIATE comments ab<xit ardmore park NO 3 'Go out on Sunday? We never have time!' /tv ar V m B At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool The kids never had so much fun.
      166 words
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      Page 14 Advertisements Column 2
      63 14 NATIONAL UNIVERSITY OF SINGAPORE Presents Public Lectures on The Nature And Constituents of Textual Structure bv SIR RANDOLPH QUIRK (President. The British Academy) Lee Kuan Yew Distinguished Visitor TQDAVS TOPIC (Friday, 3 January 1986) LOCATION AND THE CREATION OF A WORLD Venue Lecture Theatre 13, Kent Ridge Fiine 5.30 pm
      63 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      64 14 MU Outlook for today: Cloudy with showers in o few oreos in the morning ond mony oreos in the afternoon Report for 24 hours prior to 7 30pm on Jan I at the airport: Maximum temperature 30.3| Associated humidity 7S Minimum temperature 23.7] Associated humidity 96 Hours of sunshine 2
      64 words
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  • SHIPPING TIMES
    • Article, Illustration
      More calls to PK from ScanDutch
      424 15  -  By LINDA CHEE THE SCANDUTCH consortium will be introducing more direct calls to Port Kelang soon in its Far East-Europe service. At present, every third vessel on its eastbound leg from Europe calls directly at the Malaysian port, while a feeder ship brings cargo
      424 words
    • Article
      Lock icon India postpones port charges for at least a month
      180 15 Reuter CONTROVERSIAL proposed increases in Indian port charges ranging from 25 per cent to 200 per cent have been put off for at least a month, Indian officials said. They said the government is still examining the increases recommended by 11
      Reuter  -  180 words
    • Article
      Lock icon Record 42m tonnes for breaking yards
      182 15 AFP A RECORD 42 million tonnes of shipping went for scrap in 1985, well above the previous peak of 30 million in 1983 and comparing with 29 million in 1984. Lloyd's statistics showed. Two French 553,700tonne supertankers, the Batillus and Bellamaya ended their seagoing
      AFP  -  182 words
    • PORTSIDES
      • Article
        Lock icon Floating mine in lake
        152 15 UPI A MINE BIG enough to blow a cruise ship out of the water has been found floating around the lake of Constance, police said. A fisherman on Tuesday spotted what he thought was a buoy that had slipped its mooring but alerted the police to
        UPI  -  152 words
      • Article
        Lock icon China opens biggest wharf
        60 15 Reuter CHINA OPENED Its biggest deep-water coal wharf in Shijiu, Shandong province, the New China News Agency said. The wharf, which took more than three years to build, has two deep-water berths for ships of 100,000 tonnes and China's most advanced coal-handling equipment, able to move
        Reuter  -  60 words
      • Article
        The 63rd Kharg raid
        108 15 IRAQ SAID ITS jet fighters launched a raid on Iran's Kharg Island oil terminal, the 63rd since mid-August on the vital facility which accounts for 90 per cent of Iranian oil exports. An Iraqi military spokesman said the raid was carried out at 9:53 am (0653
        108 words
    • Article
      Lock icon Owners intensify efforts to cut costs and raise operational efficiency
      841 16 Lloyd's Shipping Economist INCREASING OVERCAPACITY in the container market is causing shipowners to intensify their efforts to cut costs and increase operational efficiency. After rationalising sailing schedules, the largest potential savings for an owner are in the area of container
      Lloyd's Shipping Economist  -  841 words
    • Article
      Lock icon Coal shipment from Kalimantan
      111 16 AFP THE FIRST coal from new fields in the island of Kalimantan is ready for shipment and has been offered to the Indonesian government for a coal-fired power plant. A spokesman for PT Arutmin, a joint venture of Utah Exploration, and Atlantic Richfield Indonesia Coal, both
      AFP  -  111 words
    • Article
      Lock icon Ferry operators will be badly affected by tunnel project
      752 16 AP A BILLBOARD in Britain shows a white elephant whose trunk turns into a tunnel under the English Channel. The billboard message is from the prosperous ports and ferry lines that oppose the latest revival of the 200-year-old dream of building
      AP  -  752 words
    • Article
      Lock icon Iron Newcastle joins BHP Transport fleet
      296 16 Kingsley Wood BHP TRANSPORT has taken delivery of the 147,400-dwt bulk carrier at the IshikawajimaHarima Heavy Industries shipyard. The Iron Newcastle is now the largest dry cargo ship in the Australian fleet. It will be followed by a sister-ship, the Iron Kembla, which will
      Kingsley Wood  -  296 words
    • Article
      Lock icon French freighter crew to be charged in court for possession of explosives
      420 16 AFP POLICE investigating the smuggled cache of ammunition found aboard a French ship arrested and charged a crew member with possession of explosives. A 29-year-old Frenchman, who detectives said lived in the French Pacific territory of New Caledonia,
      AFP  -  420 words
    • Article
      INDEX TO ADVERTISERS
      861 16 AB Shpg V 5 Accord Shpg V 3 Atea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Antah Orient X 5 Arrow Lines X 5 Atlos Lines X 4 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL
      861 words
    • Article
      Brazil to build new facilities
      68 16 BRAZIL'S Ministry OF Transport has reserved US$6O million over the next 10 years to construct new facilities in its attempt to promote inland shipping. The plan is principally to improve trade links on the Amazon. Though passenger shipping will be the prime focus of the
      68 words
    • Article
      Flender Werft building container ship designed for 16-man crew
      188 17 A 1,631-TEU container ship designed to operate with a 16-mem-ber crew is being built by Flender Werft of West Germany. The vessel will allow watch-free engine and one-man bridge operation, features which have been developed by the West German research project,
      188 words
    • Article
      Lock icon Iran's oil shipment to begin from new jetty next month
      373 17 Reuter IRAN WILL BEGIN shipping oil from a new jetty at the southern port of Jask next month to keep exports flowing smoothly in spite of the war with Iraq, the Iranian news agency, Irna, reported. Irna quoted Siamak Madad,
      Reuter  -  373 words
    • Article
      Australia's live sheep trade to continue
      152 17  -  By Kingsley Wood CAUGHT BETWEEN intense lobbying from animal welfare groups and pressure from rural industries, the Federal government has at last ruled that Australia's live sheep trade will continue. But there is to be stricter supervision at portside holding feedlots and on board
      152 words
    • Article
      Lock icon FMC investigating illegal price fixing by three Far East lines
      364 17 Lloyd's List THE UNITED STATES Federal Maritime Commission has began investigation into possible illegal price fixing and rebating by three Far East lines in the trans-Pacific trades. The three are Evergreen Line, Yang Ming Line and Orient Overseas Container Line.
      Lloyd's List  -  364 words
    • Article
      Cargo throughput at Saudi ports slipped by 20 per cent
      235 17 VOLUME OF cargo, excluding oil shipments, through the seven main Saudi Arabian ports tumbled by 20 per cent in the year ending Sept 14. Throughput at the Red Sea port of Jeddah slipped by 21 per cent, the Gulf port
      235 words
    • Article
      CONSORTIA
      190 17 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
    • Article
      Lock icon Soviet intelligence ship in Chesapeake
      111 17 UPI A SOVIET Intelligence ship eavesdropping on military communications from its surveillance point in the Chesapeake bay appears to be on a routine spying mission, US Navy officials said. The 3,400-ton auxiliary general intelligence ship has been monitoring military traffic from its position seven miles
      UPI  -  111 words
    • Article
      PORT CONDITIONS
      684 19 ARGENTINA Dec 10 Buenos Aires 31 vessels berthed. Rosario 5-10 days. 9 vessels in port. San Lorenzo 2 wheat vessels berthed. San Nicolas 2-5 days. Congested. 3 vessels berthed, 5 anchored awaiting. Bahia Blanca 1 grain vessel berthed. AUSTRALIA Dec 10 Queensland Cairns, Mourilyan, Cape Flattery, Townsville, Mackay,
      684 words
    • Article
      SHIPPING EVENTS
      313 19 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. Jan
      313 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3957 22 seoaßGmß 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
      3,957 words
    • Article
      CONTAINER SCHEDULES
      715 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Laura Maersk 8602 6.1.*****0 Maersk F5 1200-1300/1300-1400 Al/Bl 1400-1500 Fl A Oklahoma 4 6 1 86 2130 NAPL F7 1100-1200/1000-1100 L2/N2 Al Wajba 20 3.1 86 2300
      715 words
    • Article
      SHIPS IN PORT
      536 23 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Beniamos K35 Leo alongside 31/2300 First Carrier K29 Doval alongside 31/1500 Iweri K9 Pelm alongside 3 1/0700 Raiah Brooke K25W SSPL alongside 3 1/2300 Bouira K33 Umpac 3 1/1500 6 I/1500 Chengyun K32 Yick Fung 3 1/0700 6
      536 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      609 15 Monthly from Pitman Available at all good bookshops and I newsagents IP Times II DJ Distributors r Orient Oveiqeas Codtdmn Line STRAITS [UROPF EXPRESS SERVICE lARDME SHPPWG AGENCES (Ref No 242*4/ OOK) 70 Shenton May *04 03 fcUnoi House Singapore 0207 IH ??***** TELEX NO RS ***** CFS OFFICE IPC
      609 words
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      Page 15 Advertisements Column 2
      76 15 THE PORT and ferry opposition on both sides of the English Channel, or La Manche, as it is called in French, appears powerless to halt a project seemingly destined to begin. Pag« II IRAN WILL BEGIN shipping oil from a new jetty at the southern port of Jask next month
      76 words
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      Page 15 Advertisements Column 3
      1046 15 In Search of EXCELLENCE >»» <Ck This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense MAERSK LINE MAERSK CALLS SCOTLAND SINGAPORE/GRANGEMOUTH 22 DAYS Feeder IcTlang >,nan< 3 S per. EXPORT TO USA, EUROPE. MIDDLE EAST.
      1,046 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      368 16 n m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Moth* *SL LA/LB OAK ith West Pacific North West rokyo Feeder at Kobe LA/LB OAK Mother *SL SEAT VCD PLD 0/2 11/2 HA* ONE M 10/2 13/2 14/2 15/2 11/2 I. ALLIANCE 19/2 20/2 23/2
      368 words
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      Page 16 Advertisements Column 2
      292 16 NEXT ARRIVAISN ROUEN V\. BARBER TUAS 7/1. N ROSAMG 27/1 BARBER PERSEUS 27/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm acctptwg c«*n tot Hwstn HB) Francnca o*land SUIa aid San Urp «a I AngMes TO: CARIBBEAN CENTRAL AMERICA Ourtntan na Savh. bm» ratsnc BARBER 10NSBER6 CARBBEAN Aruba
      292 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      1118 17 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok occ Overseas Containers Limited S TO/FROM BANGKOK COMT AINERSUP CITY Of EDMURGH 04/1 05/1 23/1 25/1 27/1 21/1 30/1 FRANKFURT EXPRESS 11/1 13/1 30/1 01/2 03/2 04/2 06/2 HMSUte EIPRESS 20/1 22/1 09/2 11/2 13/2 l</2
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      Page 17 Advertisements Column 2
      633 17 Franco Belgian Services gfa i b.ir .i-f h nnt h Srr% »ir with Hvlgi.in h .ir h .#W«*rrt I inr*t (MEMBER OF ACE CONSORTIUM) CONTAWR St»wa 10 EUROPE CONTAUR ser> STORE P KELANG It Har»e R dam F Stowe Ham B Ha.en Ant CMM COMTUNII 8 tan 6 tan) 27
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      Page 18 Advertisements Column 1
      328 18 V Hapag-Lloyd TO CONTINENT/UK EXPORTS On carruce to Scandinavia, Med, Carribean &S. America Wand haulage to inland destinations in Europe TO EUROPE/MED S pore PKH*t(PefUflf LeiioetMuo Genoa Hburt Rdam Btu«cn Kmup M Mubarakiaft 1/2 10/2 12/2 1/3 10/3 15/3 12/3 BN Tounus 10/2 14/3 10/3 7/3 FROM N. CONTINENT &UK
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      Page 18 Advertisements Column 2
      176 18 W MS line FULLY CONTAINERISED SERVICE CHINA CONIAINER 33N CR PARIS 3W HONGKONG CONTAINER 4«N ORIENTAL CWEF 47W 8 1 t6 l?l IS 1 (13 I) 22 I (Mil 79 1 121 11 FROM EUROPE VIA SUEZ 1 ,h ce Consortium ORfNT Al CHEF 4M KOREAN IACfKN 31E KPTUNE CRYSTAL
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      Page 18 Advertisements Column 3
      458 18 /jj/ Hal Sun Hup Co (Pit) Ltd m' TEL *****06 (20 Lines) TLX RS ***** 4RS *****. EASTERN CAR I INER. LTD. IML INTERMARITIME LTD K Knabatu TH 2215*0 Jakarta TH *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM TO PI In Dtn a K CT SARNIA V 66
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      Page 18 Advertisements Column 4
      855 18 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) AISO ACCEPTMG ICI Fa I Fa Fa TO GOTHENBURG AARHUS COPENMAGW OSLO STOCKHOLM. FELSMKI BREREN BREICRHAVEN VIA HAMBURG LONDON SOUTHAMPTON MANCFESTER BMMMGHAM LIVERPOOL GLASGOW MA FELIXSTOWE AMSTERDAM MA ROTTERDAM US WEST COAST SERVICE FEEOER VSI EVER
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      299 19 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL FIJI AUSTRALIA STAR 4 lan 16 Jan IS lan COLUMBIA STAR 31
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      Page 19 Advertisements Column 2
      248 19 ®etS£EEBI CHINA NATIONAL FOREIGN TRADE TRANSPORTATION CORP BEIIING Europe Timber/Plywood Service K.KinabaluTf. Mara S pore P.Kdanf loadmc for SUMIKO 10/1 IN PORT 16/1 20/1 Rot/Ant Bremen Singapore Eastern Maritime Kota Kmabalu Transpac lines Tan|on( Mara: Kiduronf Ajensi Penang Lean Bee Part Kelanj Seiatan Agency *****33. *****06. *****10 *****8/49/50. ***** *****5.
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      Page 19 Advertisements Column 3
      716 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS COHDUNER SERVICE FROM UK/CONTHCNT for me iwn HKG INN HKG TNN HKG. TNN BU KB SM IK M(G TNN BU TK SM KB HRG TNN HKG TNN ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS IKJJEBSEN LINE K.
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      Page 19 Advertisements Column 4
      747 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE wm mo ioa it uk >*» m sw_ com *n a m 29/u n/u n/u wu _*< 12 t/l/K TO JAKARTA/SURABAYA CONTAINER SERVICE STORE T TWO* SURABATH BUSAN i GONA My 27 HB t/l/» 7/1/* 12/1/* M/l/K CONVENTIONAL
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      Page 19 Advertisements Column 5
      394 19 BOUSTEAD SHIPPING AGENCIES ft BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT IVYBANK R'DAM 15 Feb HULL 25 Feb HMBG 20 Feb A". IYUNDAI MERCHANT MARINE BULK TIMBER AND PLYWOOD SERVICE USA SERVICE PACIFIC/GULF/ATLANTIC PORTS S pore indonesia Tg Mam
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      Page 20 Advertisements Column 1
      1232 20 Ei K LINE KAWASAKI KISEN KAISHA. LTD. USA CANADA ATLANTIC COAST (Round The World Service) STORE 118 CHLS NFK NY SI JOHN ORIENTAL DIPLOMAT V 24 6 lan 28 lan 9 Feb 11 Feb 13 Feb 5 Feb NEPTUNE PEARL V 53 12 lan 4 Feb 16 Feb 18 Feb
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      Page 20 Advertisements Column 2
      765 20 /M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container® PKeiinf Imff Vessel S porf Melt Frem S»d« ABo Aicetrt I lan RAMDAS 17 I*. 2 Frt) 10 Feb I Feb Add/Bra 25 lan RUDAS 4 Feb IS Feb 21 Feb Feb AM Bra RAWDRS (Feb 23 Feb 4 Mj> 2M» AdH/Bm
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      Page 20 Advertisements Column 3
      566 20 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 Tetok A»er Street SINGAPOM 0104 I€t *****8S (10 LINES i STRAITS/PERSIAN GULF SERVICE: GOIKN HU Colombo Karachi Duba- Kuwait G» WN CITY Colombo Karachi Duba. Bahraw S po>e P Ptninj 16/18 lan MJO lan CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S
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      Page 20 Advertisements Column 4
      454 20 \<mm. THONG SOON \PSKR. AGENCIES PTE. LTD. #09-07, Robina House, S'pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI •EQUATOR V SMR 1/86 1 )an 4 Jan Muara •JENSON IV SMR 1/86 4 lan 7 lan Muara •BUILDER
      454 words
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      Page 21 Advertisements Column 1
      884 21 NOL ORIENT LINES LTD Agents S p«'f NEPTUNE AGfNCKS PTE LTD Id No ottice lermnal CFS BOOKWGS *****77 ft EU AUST IP* St* *****77 *****22 *****53 I* DIRECT l»«S *****53 ******2 I Bahru HARPER MKA SON BHD *****0 P Kelai>t HARPtR WWA SON BHD *****1 *****8 Plata HARPtR WttA SON
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      Page 21 Advertisements Column 2
      651 21 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON P Pefunf Buufl Vnul No 7 No No I No 7 No 9 No I No 6 No 7 MM ki Port 5/1 SOW 1/1 12/1 /SI ON 15/1 11/1 .60 IN 2/2 i/2
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      Page 21 Advertisements Column 3
      973 21 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 ***** P KELANG PfftANG M/S SHARK*! MH SOON SON BM) IST AND 2ND FLOOR. MESSRS HA) THONG SHTPMG 127 Penang
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      Page 22 Advertisements Column 1
      646 22 Kc{|i«NMl Container Lines SPORE VESSEL SOUTH THAILAND SERVICE VESSEL VOV ETA SPORE RATANA BHUM 51N In PI RAT ANA BHUM 52N 16 J*n RATANA BHUM 53N 23 Jan RATANA BHUM 54N 30 J*n ETA ETA SURAT THANI SONGKLA 9 Jan 11/13 Jan 23 Jan 2S/27 Jan 30 Jan 1 Fab
      646 words
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      Page 22 Advertisements Column 2
      75 22 <&• QJ si FARCO SHIPPING COMPANY (PTE) LTD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAILINGS WEEKLY Acceptnt botti FCI and LCI: *ICL Cargoe? packed at private CfS Mon Fri 9am 5 30pm Saturday 9am 1? 30pm eicl Sw I Pub hots WEEKLY SERVICE TO HONGKONG. KEELUNG. KAOHSIUNG I JAPAN ETA Spore
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      175 22 2 'n> Regional Weather m i 10N i u a m 4 m V Ik 1 53 2k *5 oj 2 k' !1! I :'i S3 I SBi a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c Win* Wind direction with speed in knots Wave height LEGEND:
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      Page 23 Advertisements Column 1
      119 23 MBC AGENCf S K. LUMPUR P. KELANG PENAHG P. GUDANG j. BAHARU LEOSHP SPORE *****55/*****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 EUROPE FEEDER i EEI [TIM ■'if •»EmEUEldßlEllß[lEMG!m[llMi[EsMi'*'''""""irynnMi;iw ALSO ACCEPTING FOR: ANTWERP. L HARVE. UK. BREMEN. COPENHAGEN, OSLO ALSO ACCEPTMG FROM EUROPE RTM. HAM.
      119 words
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      Page 23 Advertisements Column 2
      313 23 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENAN6 •AT ATTRACTIVE RATES* 6 VESSELS Of LOG CARRERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND THAILAND.
      313 words
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      Page 24 Advertisements Column 1
      553 24 m EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TO: EUROPE TG MA* SPORE PKEIAN6 PENANG FOR mbi sM Sid 2/3 lan UK LHAVH DTK. ICG HMEh AWEKP UEftjAMAS In fori 4/7 i*» >® G KNOT MMNKAR 22'25 lan 19/21 lan 27/2t Jan 29/2 frt FROM EUROPE PENANG P HUANG SPORE
      553 words
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      Page 24 Advertisements Column 2
      559 24 CHINESE TANZANIA LINE Regular Conventional Service from S.E. Asia to Red Sea/Mediterranean VESSEL BLT ETA LOADING FOR: Ruvu 1976 20/1/86 Hodeidah, ieddah, Alexandria Pmggu 1977 12/2/86 Hodeidah, Jeddah, Alexandria *Port Said, Aden and other Mediterranean ports subject on inducement. General Booking Ajents S pore Lucky Seaway Service* Pte Ltd. Tel:
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      Page 24 Advertisements Column 3
      546 24 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FiH.LT CONtNKMSD St»WC[ TO WtOft (VIA SUU) CHMA C ONI AMR 33* C I PUHS m HONGKONG CONIAMR 41* OMNIA! CWf 47W FULLY CONTAiOISED SERVICE FROM EUROPE (VIA SUEZ) A(jf NTS STRAITS CONTAINER AGENCIES PT( LTD 15
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      Page 24 Advertisements Column 4
      914 24 Everett Lines i COMPAMA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" lOJd>n| lo> CaMao MaUilfli Do and all oth»t Prruman ports nth trjnslhpment it Hot* On CPV ThrougK BitH, ol Lading to tinal destination 1 Penary* P. KeUnf 9/11 Jan Sin(apore 12/14 lan 23/24 i» 5/6 Feb "EVERETT ORIENT LINE"
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      Page 24 Advertisements Column 5
      354 24 ZIM I CONTMNEX SOiVtCf acceptang F CI/ICI cargoes to USA East I West Coast. Carribtoeanlast Canada and HMD ZIM EILAT CONTAINER LINE Vp«t Elat Thntt Up* taci PVmui at swrtK 10/1 M/i 0/2 5/2 2/2 JO/i at nun 25/1 1/2 w/2 20/2 11/2 10/2 Accepting FCL To European and Mediterranean
      354 words