The Business Times, 15 January 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, JANUARY 15, 1586 75 CENTS
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  • 546 1  -  Plan to widen money and stock broking operations in the Far East By ALAN LEE,CHAN OI CHEE TAN SRI KHOO Teck Puat, who recently acquired a 26 per cent stake in UK-based financial group, Exco International PLC, is working with his British counterparts on a
    546 words
  • 174 1 EMPORIUM HOLDINGS (S) yesterday confirmed a BT report last Saturday that it was looking for a substantial jointventure partner for its local operations. A statement issued by the Emporium group last night said that contacts had already been made with some interested parties.
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  • 527 1  -  By RAY HEATH,SHAHRIR ARIFF AFTER Asian Aerospace '86 exhibition today, there will be a question mark over whether it will be held in Singapore in 1988. The success of the third show, which has become the most important of its type in the
    527 words
  • 169 1 A BIGGER late payment charge is to be imposed by American Express on cardmembers who are slow to settle their bills. With effect from today, the charge will be raised from 1.5 to 2 per cent. This will be subject to a minimum of $37.50,
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  • Article, Illustration
    95 1 SOME LAST-MINUTE nibbling of selective centers helped the stock market to cod an a narrowly mixed to easier note yesterday. Trading activity remained sn the law side with 7M million shares transacted. The Straits Times ladnstrial Index recovered from the 4.K--paint loss at the loach-break to close at
    95 words
  • 323 1 AP CHINA has tightened investment rules for joint ventures to increase the required equity, and reduce the debt, of both foreign and Chinese partners, the government said yesterday. The new regulations, introduced without fanfare, reverse relaxations introduced in 1985. But foreign analysts said they
    AP  -  323 words
  • 106 1 Reuter FOREIGN INVESTMENTS in Taiwan will reach a record US$BOO million this year compared with $702 million in 1985. Mr John Ni, the director of the Economic Ministry's Industrial Development and Investment Centre, said that the government was removing some investment restrictions to attract more
    Reuter  -  106 words
  • 380 1  -  By LEE HAN SHIH PRIVATE DEVELOPERS continued to forge ahead with new projects in the third quarter of last year, and received approval to start about $800 million worth of development projects. These projects, if proceeded as planned, will bring another 481,900 sq
    380 words
  • Page 1 Advertisements
    • 162 1 Lan Is of DillctviK'Cj Spalding's New pro >in 11 M Individual Bal.iim- Irons m' \SPaldinG i( AMERICA'S FIRST CLI'HMAktK 91 J M Dtmkmkn Martetng Plm Ltd H 600 Martin Road »of> 06 S«ngdpu<« WveKc*.s« T« 7 *****9 Te*i RS»ISO Cable ALfe*a> Why tie up your capital! Rent special equipment from
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    • 299 1 Khoo Teck Puat (left) raises his stake in UOB, Allan Ng and Khoo Teck Puat to set up joint venture, Third nominee named for the Exco board, Background of the Exco deal, Page 14 Laws for foreign enterprises under review, Page 4 mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS
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    • 100 1 Full report, Pag* 13 Int'l stocks, Page 10 Asian stocks, Pag* 11 MONTHLY FOR ofSV _y ricoh FXI2O Type approved (70) dim KPT (RT) 7605 RIC From the World's leading company and pioneers in High-speed Facsimile When you see how small the FX 120 is. you'll surely be impressed, but
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    • 50 1 AEFfcSPACE'B6 Singapore Changi Airport January 15-18,1986 Organised by ce The Exhibition People Pasadena Rose Parade in colour SINGAPORE won the top honours at the 97th Pasadena Rose Parade on New Year's Day. Tomorrow, BT will present in colour an account of the Republic's triumph at the world's biggest float parade.
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  • HOME NEWS
    • 507 2  -  By BOEY KIT YIN A JEWELLERY consortium and an exhibition organiser have become the first two companies to receive grants from the government to set up marketing offices overseas. Joining the growing number of local companies to set up marketing offices in countries where
      507 words
    • 272 2 THE FIRST semiconductor laser made in Singapore was assembled, not in an electronics factory, but in a research laboratory of the National University of Singapore. Semiconductor lasers are now widely used in fibre optic communications systems, compact disk players, videodisks, laser printers, range finders, remote sensing
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    • 227 2 "BIGGER is better" will be the formula for The Boeing Company as it designs for the requirements of the world's major airlines in the mid-*****. "More and more, the evidence is beginning to build that the current 747 is becoming too small for many
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    • 246 2  -  ASIAN k AEROSRACE'B6 By MONICA GWEE THE F/A-18 HORNET can soar to Mach 2, twice the speed of sound, but heavy air traffic caused this McDonnell Douglas fighter to cruise into Singapore at about 200 knots yesterday afternoon. "You can't set a
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    • 147 2 AN ITALIAN defence attache will be appointed in Jakarta in August this year, with responsibility for Indonesia, Singapore and Brunei. Mr Bartolo Ciccardini, the Italian Deputy Defence Minister, said yesterday that the appointment would lead to closer defence collaboration between his country and
      147 words
    • 161 2 TOURISM will play an important role in Singapore's economic recovery. By allocating more resources to the development and promotion of tourism, Singapore, as well as other countries in the Asian-Pacific region, can spur economic recovery. Mr Alwin Zee ha, the president
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    • 362 3 ESSO IS CLOSING one service station and expanding another to convert them into depots for bottled gas. This is part of a new marketing strategy to carve a bigger slice of the bottled gas market, which Esso says it
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    • 310 3 THE BIGGEST property auction in Singapore, comprising only properties foreclosed by two banks, will be held next Thursday at the Apollo Hotel. Among the 38 items up for sale are land, apartments. houses, offices and shops. Unusual for auctions, these items will be split into
      310 words
    • 217 3 THE PUBLIC has been invited to give its views on draft specifications and codes of practices drawn up by the Singapore Institute of Standards and Industrial Research. The latest set of 10 specifications apply to items such as instantaneous water heaters and room air
      217 words
    • 78 3 A NEW BELGIUM ambassador, Mr Carlos De Wever, yesterday presented his credentials to President Wee Kim Wee. He succeeds Mr Guy Copette. Mr De Wever, who holds a masters degree in economics, joined the diplomatic services in 1965. He had worked before in North
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    • 100 3 MECHANICAL Handling Engineering (S) Pte Ltd (MHE) has won contracts worth about $3 million for the installation of gondolas in high-rise buildings. MHE, the South-east Asian agent for Mannesmann gondolas from West Germany, will install the gondolas in buildings such as the PSA headquarters
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    • 114 3 MOST OF THE pollution in Singapore's dirty and smelly rivers has been removed. Mr Eugene Yap, Senior Parliamentary Secretary (Environment and Labour), said there were now signs of aquatic life returning to the rivers. The clean up had also encouraged more recreational activity. Since 1977,
      114 words
    • 580 3  -  By SAID ABDULLAH THE Public Utilities Board is stepping up its efforts to convince more households and commercial users to switch to its piped gas, after what the board describes as an encouraging response so far to its campaign. The main target of its current
      580 words
  • Page 2 Advertisements
    • 79 2 Heartiest Congratulations to the Organisers and Participants of the 3RD ASIAN AEROSPACE EXHIBITION '86 K m 'C+t m r' from Cityneon Displays Official Principal Contractors for the Asian Aerospace Exhibitions since their inception in 1981 Cityneon Displays and Constructions Pte Ltd; the longest established exhibition standbuilders in Singapore Design and
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  • Page 3 Advertisements
    • 354 3 Introducing Singapore's very own ALR 286 the price/performance leader in IBM PC-AT Compatibles Currently. W M PC-AT tist pnce 33°/° f year warranty 'r: 7 m »> V i v Ji Features: STANDARD ***** 16-bit CPU 8 MHz clock rate 512 KB RAM expandable to 2 MB on-board 1.2 M
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  • OVERSEAS
    • 412 4 AFP CHINESE LEADERS, concerned that intellectuals sent to study in the West are lingering too long, are moving to tighten exit requirements and overseas controls to avert a Chinese brain drain. Reliable Chinese sources said stricter screening of students seeking to go
      AFP  -  412 words
    • 165 4 Reuter BRITISH SCIENTISTS, including eight Nobel Prize-winners, have launched a campaign to reverse what they call the disastrous lack of government support for scientific research. Using a half-page newspaper advertisement in The Times, 1,500 scientists inaugurated the "Save British Science" campaign, telling the Conservative government Britain
      Reuter  -  165 words
    • 241 4 AFP CHINA'S draft law on wholly foreign-owned enterprises has been submitted to the National People's Congress Standing Committee for Examination and Discussion, the New China News Agency (NCNA) said. Under the law, which is virtually certain to be approved, departments concerned with granting approval
      AFP  -  241 words
    • 151 4 AP THE LOWLY, loathsome, unloved leech an aquatic bloodsucking worm has become a luminary of the laboratory, an endangered denizen of the swamp being bred in captivity. The World Wildlife Fund of India said that in spite of almost universal revulsion, a century of
      AP  -  151 words
    • 288 4 AP SECURITY FOR VIPs has been tightened in Punjab, Haryana and New Delhi following intelligence reports that Sikh terrorists are planning more attacks this month. District police chiefs in the Sikh-dominated state have issued new security guidelines to politicians, urging them to be protected
      AP  -  288 words
    • 825 4 ARRIVALS Operator Service Local From number time OA OA47I 0030 ATH SIA SQII 0125 LAX/TYO PAA PA21/5 0155 LAX/TYO/HKG SIA SQ4I 0615 MAA CAL CIOIO 0740 JED/DHA MAS MH68I 0820 KUL KAL KE624 0850 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN
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    • 467 5 AP IN SPITE OF an oil glut depressing current world prices and forecasts of low prices, the cost of oil could rise sharply before the end of the decade. Harvard University energy experts also said the Organistion of Petroleum Exporting Countries,
      AP  -  467 words
    • 175 5 AFP PRESIDENT Ronald Reagan, in boasting about bringing Opec to its knees, is overlooking a world financial danger, the chairman of the Organisation of Petroleum Exporting Countries has warned. Chairman Arturo Hernandez Grisanti, who is Venezuela's Energy Minister, protested against President Reagan's remark last Saturday night
      AFP  -  175 words
    • 210 5 Reuter LIBYAN LEADER Muammar Gaddafi has warned that an attack by the US on his country could trigger a Third World War. While warning of the dire consequences of a raid on Libya, Gaddafi, in a televised interview with ABC News,
      Reuter  -  210 words
    • 564 5 AP A SENIOR AMERICAN trade official said in Tokyo yesterday that the "price of leadership" in the world economy demanded that the US not give in to protectionist pressures building up because of trade disputes with Japan and other countries. Clyde Prestowitz, counsellor
      AP  -  564 words
    • 397 5 Reuter EXPERTS IN ATOMIC WAR are questioning the ability of the US to strike back in the event of a Soviet attack, casting doubt on the bal-ance-of-terror concept that has helped prevent a nuclear war for 40 years. "If the President
      Reuter  -  397 words
    • 118 5 Reuter THE WHITE HOUSE has ordered federal agencies to cut spending by 4.3 per cent to help meet new deficit reduction targets set by Congress and already complicated by estimates that the 1986 budget deficit would soar to US$22O billion. A White House budget official
      Reuter  -  118 words
  • Page 4 Advertisements
    • 293 4 When everything else is more or less equal... IMH "Je VOLVO 740 GLE MERCEDES W124 BMW 520 i '-V> m > 2 gfl m m ¥i > 4 &X& < f r-v 2-litre Continental Luxury Quality Prestige Advanced Engineering Computer Technology Good Handling Performance $76,733 $98,438 S $79,453 the bottom
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  • Page 5 Advertisements
    • 52 5 Limited Edition. E nr r '1. aESO& BK.'> >« as v fi, q A -»i,f V■te*- V Mkf' *S -Jr c "C »5-. m ki ><*-»„:*** ■*<*- nr it < .<WW»>y.-, •-*>* l mn x A- *V ft&t* m A rare and fine gift. Two exquisitely crafted HennessyX.O miniatures with
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  • Page 5 Miscellaneous
    • 45 5 Doonesbury 6UESS "nm-FORr WAT, f&WtS Ff=Z NOUJ ISSUING Iffi I UNIFORMS? 11l VEJV FUNNY. IJD/NSP CQP TTJC NAVYROJC! Mwk, I'M6U&9m. i m i BY GARRY TRUDEAU NO, FOR A FULL SCHOLARSHIP. Norn/emoNe tUA£TBS THEIR.. iRJPPYJFVOU ue&owem? TO6OMBAFP AHAMLBTOF INNOCENT CIVIL' iANS.MUPYOU V Si i Vi
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  • BANKING AND FINANCE
    • 209 6 Reuter LEADING central bankers said on Monday that they were satisfied with measures taken since last September to depress the value of the dollar which come under review again this weekend. The Group of Five (G-5) major industrialised countries decided in New York last year
      Reuter  -  209 words
    • 215 6 STANDARD CHARTERED Bank has launched a more aggressive business strategy in Singapore with emphasis on personal banking. It will also introduce new financial schemes and scrap its savings accounts lucky draw, offering depositors "competitive" interest rates instead. Mr Michael Taylor, the manager for Singapore
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    • 109 6 Reuter THE ASIAN Development Bank will take a more active role in the development of the capital markets of member countries to help their economic growth and development, ADB President Masao Fujioka said yesterday. He told the opening of a three-day ADB symposium that capital
      Reuter  -  109 words
    • Article, Illustration
      709 6 SINGAPORE The US dollar closed higher yesterday against most major currencies, but remained steady against sterling, in moderate trading helped by some buying and short-covering interest. The dollar closed firmer at 2.4740/50 marks compared with New York's 2.4700/15 close, at 2.0975/85 Swiss francs against 2.0920/40 and at 202.90/203.00
      709 words
    • 322 6 Asian market ASIAN DOLLAR deposit rates closed higher yesterday compared with Monday's levels, in moderate trading. Overnight closed at BVi 8 3 i, up V« point from the previous close and week fixed at 8H B'/«, up One month closed at 8H 8 up 1/16 point from Monday night, three
      322 words
    • 404 6 BA Futures MARCH EURODOLLAR futures opened at 91.78 on the Simex yesterday, one tick higher than the previous close. After the opening, the market quickly traded up to 91.81 on technical correction from the oversold market and short-covering activities ahead of the retail sales figure in the night. Mixed
      BA Futures  -  404 words
    • 117 6 THE OVERNIGHT rate on the Singapore interbank money market fell by point from Monday to end at 4'/« per cent yesterday. The one, two and threemonth term rates fell by VI point each across the board. S$ Interbank rates at 3pm yesterday: Offer M Over night 4 1/4
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    • 244 6 Interbank rates at 3pm on Monday: Md Otter a rooa parity changa Local dollars to on* unit of foratgn currency US dolor 2.1295 2 1305 2 8196 •24 48 Sterling pound 3 0686 3 0721 7 3469 -58 23 Austraton doMor 1 4629 1 4657 3 4286 -57
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    • 216 6 HONGKONG: The metal closed weaker yesterday in moderate trading, reflecting the strength of the US dollar. It closed at U*****.10/50 an ounce compared with New York's $339.70/340.10 and the $339.30/70 finish here on Monday. On the local market, gold fell HK$6.OO to close at $3,134 a tael. The krugerrand
      216 words
  • Page 6 Advertisements
    • 132 6 2x2x2 equals Super Club THEIR BUSINESS CLASS r z. 1 -4 fU I y H m »r it KS > I J 1 I < /< <1 5C if J* I! W v s. V >r A :c5 ir Nr r a A When you're flying to the UK or
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  • TRAINING & DEVELOPMENT
    • 602 7  -  Conference to provide regional perspective By ANNA TEO LISTENING to a lecture may be the least effective way to pick up skills but there are good reasons why the Singapore Training and Development Association (Stada) is pouring resources into a conference that will be
      602 words
    • 119 7 A TWO-DAY WORKSHOP on cost reduction for manufacturers is being organised by the Singapore National Employers' Federation. Designed to "familiarise and teach participants the more useful and important cost improvement techniques", the workshop will be led by two executives from the corporate headquarters of
      119 words
    • 212 7 DISCOUNTS are being offered for two workshops on training which will take participants one sixth the way to a Masters degree in Human Resource Development from (JS-based University Associates. To date, there are seven persons just a few short of target on each of
      212 words
    • 327 7 STUDENT enrolment at the Nanyang Technological Institute rose 54 per cent in the 1984-85 academic session. The institute's annual report shows that a total of 1,945 students were studying at NTI, compared with 1,267 in the 1983-84 academic year. The student increase reflected the addition
      327 words
    • 527 7 <Seminars and Cahners Tel *****13 Courses 1 5 1 I C Exposition Tlx RS ***** Group Fax: *****66 y DURATION TITLE VENUE ORGANISER TELEPHONE Jan 20The Secretary in Waterloo Centre Personnel and *****81 Apr 3 Practice Programme Organisation Development Pte Ltd Jon 20-21 Monagement Assistant National National *****34
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  • Page 7 Advertisements
    • 368 7 DHL Your Global Express Network. Long-gone are the days of the pigeon courier. In today's world of Concorde jets and satellites, global business now operates at an unprecedented level of efficiency. A level of efficiency largely made possible by DHL's global delivery' system. A system that delivers desk to desk,
      368 words
    • 65 7 t-x vs v O SSS ECO m M >V-. m i 0" >. w ,«t< S* «il L CoDyer Quay/Raffles Place Anchor temnH bdorte BNP, MITSUBISHI BANK and DRESDNER BANK Marvelous sea vtem r r FOR MoRL INK' >h'MVIK>\CAU ISLAND INVESTMENTS* XMESLANT. WOOTTON Developer Sote Marketing Managing Agents: Island Investment
      65 words

  • FEATURES
    • 476 8 THERE IS something defiant about living in a tent. To be able to leave behind the decadence of the city and opt for the landscape of freedom is to defy the necessity of modern contrivances. But in pitching his much-vaunted Bedouin tent, Libyan leader Moammar Gaddafi
      476 words
    • 1237 8  -  Country poised for bigger share of trade Australia is starting to market itself more aggressively to the world as a tourist destination. In Singapore, for instance, the Australian Tourist Commission has upgraded its regional office at Shaw Centre to bigger premises at Goldhill Plaza. FLORENCE CHONG
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    • 1125 8  -  Viewpoint By ASAD LATIF THERE ARE MANY kinds of democracies on Earth, of which the most radical are the democracies of hunger. Then again, there are two kinds of radicalism: that of hunger itself, which is singularly uncomfortable, and that of the politics of hunger, which makes
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  • Page 8 Advertisements
    • 167 8 >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. In place a new, exciting cuisine created by
      167 words
    • 123 8 Join the Knights of the Air With these exciting and nostalgic World War One replica ultralights, of 96% scale, we aim to form squadrons throughout the world Features include: Outstanding STOL performance, take off within 70 ft. Cruise speed 75 m p.h Range 250 miles Easy and safe to fly
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  • Page 8 Miscellaneous
    • 663 8 CRYPTIC PUZZLE ACROSS I Suitable associations (5) 6 Does something arresting (5) 9 It's colourful, and first-class in brown, perhaps (7) 10 Grub money (5) 11 Mony o mce mixture in a pte (5) 12 Like the gift I have included (5) 13 Possibly enlarge in a comprehesive way (7)
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    • 2 8 BnStcW: ftankDiciezjC
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  • SPORTS
    • 172 9 UPI KENTUCKY OAKS winner Lucky Lucky Lucky, in foal to the highly prized stallion Northern Dancer, Monday brought a record US$3 million in the opening day of the Keeneland January Horses of All Ages sale in Lexington, Kentucky. Lucky Lucky
      UPI  -  172 words
    • 211 9 CALVIN PEETE has a chance to extend his early domination of the PGA tour this week in the US$6OO,OOO Bob Hope Chrysler Classic in Palm Desert, California. "The courses here are tight. Narrow driving areas. Lots of out-of-bounds. There's a premium on
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    • 662 9 AFP THE WORLD 12-METRES yachting championship in Perth next month will be a dress rehearsal for the 1987 America's Cup to be held in the West Australian state capital in one year's time. The Royal Perth Yacht Club has received 16 entries for the "World 12's"
      AFP  -  662 words
    • 431 9  -  By WALTON MORAIS EIGHTY-FIVE new members of the Singapore Professional Golfers' Association will not be allowed to play in PGA-organised tournaments this year unless they meet qualifying standards. They will instead have to play in special qualifying tournaments and, if they meet the mark, will
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    • 229 9 Reuter IVAN LENDL, winner of 10 tournaments last year, including his first US Open title, has been chosen Men's Tennis Player of the Year in voting by his fellow professionals. Lendl, who won 80 of 87 matches he played in 1985, received
      Reuter  -  229 words
    • 623 9 UPI THIS TIME it will be Ivan Lendl's turn to play the rabbit and John McEnroe the greyhound. For the first time in his career, Lendl is beginning a year with the No 1 ranking in the world. And as much as
      UPI  -  623 words
    • 282 9 AP TOP-SEEDED Martina Navratilova used a booming serve and an unerring net game to breeze past Pam Shriver 6-1, 6-4 on Monday in the finals of the US$l5O,OOO Virginia Slims of Washington tennis tournament. Navratilova, who finished the week without losing a set, blasted six aces and
      AP  -  282 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 1524 9 to m ijmdi]<D j APPLAUSE: Aitiira and Rogara Flying Down to Rio 9.00 pm, Channel 12 Four of Hollywood's most famous legs get together in this musical comedy about about a beautiful girl who is pursued by two men. Star Ginger Rogers (left) and Fred Astaire. £k PM SBC Text.
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  • INTERNATIONAL STOCKS
    • 410 10 Reuter THE NEW YORK stock market showed life at the end of Monday, snapping a three-day losing streak that started with the record-shatter-ing selloff last Wednesday. The Dow Jones Industrial Average closed higher, up seven points at 1521, in its first winning session
      Reuter  -  410 words
    • 268 10 London exchange and Isro form working group Reuter THE LONDON Stock Exchange and the dealer group known as the International Securities Self-Regu-latory Organisation (Isro) are to set up a joint working party to consider how trading in international equities should be structured. An initial meeting will
      Reuter  -  268 words
    • 102 10 AFP PROFITS at the four gold mines of South Africa's Rand Mines rose 26 per cent in the last quarter of last year because of the weakness of the rand against the dollar. Rand Mines' gold division said fourth-quarter after-tax profits had risen to
      AFP  -  102 words
    • 154 10 Reuter GUINNESS PLC sees a very promising future, with growth potential underpinned by high quality brands. In its 1984/85 results statement, the company said the latest results are clear evidence that the group has developed a unique combination of good operational management
      Reuter  -  154 words
    • 755 10 JAN 13 US$ Ale on Alurrwi Akoo Aiegheny Lud Afced Chcfn Cp AJbed Stores Afe-Chofcners Am Brandt Irtc Am Broadcast Am Can Co Am Cyanorrad Am Elec Pwr Am Exprtu Am Home Prod Am Motors Cp Am Natural Gas Am Tel Tel Amax Inc Amerado Hess AMF Inc
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    • 660 10 Amsterdam JAM 13 n. ABN 584 00 7 5 Aegon 115 70 -2.5 Ahold 8160 -08 Akzo 153 20 -3 1 AMEV 92 30 -0 3 Amf os Amro Bonk 110 20 3 8 6«rVc4 35 50 +0 1 Boh Bortuni 540 00 unch Botkofe Bur Tet 137
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    • 252 10 UPI EXCESS production capacity will make the car buyer a king this year and set off a bloody dogfight among car makers for shares of a market heavily penetrated by imports, the chairman of Chrysler Motors said on Monday. "Somebody's blood is
      UPI  -  252 words
  • Page 10 Advertisements
    • 599 10 IKI SBB2 v rr^.£t&r SJKi H Afternoon Delights With The Cafe Vienna Difference 3pm 6pm T 'rw For business or leisure, indulge in a delightful afternoon with two selections from our wide assortment of Chinese cookies, Austrian fruit tartlets and cakes. And a cup of either coffee, tea, hot chocolate,
      599 words
    • 123 10 >«¥?rT'»T Cafe de Prince's liifefe l delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10++ (child). CRpwn OWNCE HOTEL ftINQAPOfIC Itnjgrd frmce noteU Japan Continuing the Print* Motels tradition ol friendly service 270 Orchard Road Singapore 0923. Telex: RS *****
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  • ASIAN STOCKS
    • 403 11 HONGKONG: Stock prices fell under pressure yesterday from prof-it-taking aimed mainly at the property and utilities sectors, brokers Sciid The Hang Seng Index fell 17.38 points to 1,782.23 after Monday's eight-point loss. Turnover rose to HK5231.49 million from Monday's $194 million. Brokers noted some institutional selling but said many
      403 words
    • 225 11 JAN 14 KT Nan Yo Ptos 31 90 19 30 -0.2 0 1 AJ Smew* Indus 230 -0 12 -02 -02 unch unch -02 0 3 02 Pacific Elect W re 14 55 005 Pooiung Paper 0 72 -0 01 Chang Hwo Bank 43 60 Sharp Shttn Paper 1520
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    • 456 11 TOKYO: Share prices fell in light trading yesterday led by a drop in biotechnologies and pharmaceuticals, but many blue chip electron- ics firmed against the trend, brokers said. The market average lost 48.42 to close at 12,928.60 after losing 21.19 on Monday. Turnover was 220 million shares against 200
      456 words
    • 58 11 JAN M Owntol B Phrfex B 0 014 0 1550 0 00! 0 005 Anglo Phd 0001 001 unch 0 001 PLOT II PcxJco B 0001 Bovc Petroleum 0 0026 -0 0002 18 1 S*ofront 0 0075 ***** Frit PM HWgs 202 unch Sime Oorby 7 30 unch Leponto
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    • 486 11 SYDNEY: Australian share markets closed easier yesterday in reaction to the worse than expected December balance of payments figures, with gold stocks wiping out Monday's gains, brokers said. At the close of trading the All Ordinaries Index had fallen 2.2 points to 1048.9 but the All Industrials Index had
      486 words
    • 90 11 JAN 14 Won Hyundai Const 1054 -3 Hyundai Motor 1900 -70 Book Seoul 651 KAL 555 -5 Chobeung Bk 638 1 Korea First 700 unch Commwciol Bk 679 10 Yukong Korea vup 1819 -70 Doekm Ind 510 10 376 Doewoo Corp 490 10 Lucky Ltd 725 Doewoo Ind 799
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    • 134 11 BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.38 to 135.34. Turnover amounted to 130,569 shares valued at 23.7 million baht. JAM 14 A ok horn Thoi Mn 1 inch unch mch unch -4 inch -8 1 -05 025 iom Citizen S«am Oy 61 50 430 25 -4
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    • 67 11 Reuter THE BOMBAY Stock Exchange has imposed daily deposit margins of up to 20 per cent indefinitely on fresh trading in 65 shares to curb speculation. It has fixed the margins at 20 per cent and 10 per cent on fresh purchases and sales respectively on 35
      Reuter  -  67 words
    • 408 11 Company may adjust output level for the Saga Bernama PERUSAHAAN Otomobil Nasional (Proton) is watching the car market in Malaysia to determine this year's production figure for the national car, the Proton Saga. Proton chairman Tan Sri Jamil Jan said on Monday that
      Bernama  -  408 words
    • 291 11 AP, AFP MAZDA MOTOR CORP, Japan's third-largest carmaker, will build research and development facilities in Los Angeles and Detroit by late 1967 in connection with its car manufacturing in the US. Kenichi Yamamoto, the president of Mazda, told a news
      AP,; AFP  -  291 words
  • Page 11 Advertisements
    • 727 11 •r 5 v. P[?ff m at %Wrmw9m& m i ss n EH i 11 i 1,, i The lON presents FIZZJCAL Showtime at the lON takes on a very FIZZICAL approach. Julia, Karen and Trevor put on a non-stop show that goes from comedy to nostalgic rock and roll, to
      727 words
    • 124 11 ft 2 Live Bands Nightly! spm -1 am (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. FREE DIAN XIN patrons fJ > every night. tIMUtXHH#_ Wfirii### bOUXGK (CAIRNHILL HOTEL)
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  • RAW MATERIALS
    • 539 12 Reuter A SETTLEMENT of the world's tin crisis remained elusive as the 22 member-governments of the International Tin Council (ITC) appeared unable to find common ground before the resumption of a formal emergency session in London yesterday. Diplomats said progress at emergency talks,
      Reuter  -  539 words
    • 207 12 Reuter THERE IS ONLY a limited potential for lower global rubber prices in the near future, with a strong possibility that there could be a fairly sharp price rise during February and March. Trader ÜBC London Ltd said in its latest market report that
      Reuter  -  207 words
    • 440 12 UPI ANALYSTS say an eight-month drought in Brazil will mean higher prices for South American-grown coffee, but African coffee growers on Sunday pledged support for new measures designed to keep prices down. A lack of rain in southern Brazil, where some of
      UPI  -  440 words
    • 133 12 AFP CAMBODIA failed to meet its 1985 target for the cultivation of rice, the country's principal product. SPK, the official news agency of the pro-Hanoi government, said 1.33 million hectares of land were sown last year, only 78 per cent of the original goal.
      AFP  -  133 words
    • 13 12 Closing prices on Jon 14 KL TIN (S3/5> Price Suspended Turnover (tonnes) Suspended
      13 words
    • 66 12 Robusta 20/25% FOB NSW 735 00 Nutmeg 110 FOB NSW 520 00 E&W FOB NSW 462 00 Gombier FOB NSW 330 00 London Commodity Exchange Sellers' doting prices < >n Jon 13 (USS/long tonne CIF European porn, unless otherwise stated) Pepper (Sarawak) Faq, spot unq White faq, afloat
      66 words
    • 188 12 Bangkok (US$/tonn*, FOB) White Rice 100% 1st doss 280 100% 2nd closs 255 100% 3rd closs 250 5% 240 10% 235 15% 230 20% 225 25% 215 35% 210 Broken Rice A-1 Super 155 A-l Speciol 152 C-l Special unq C-l Ord unq Loonzain Rice 100% 1st grade unq
      188 words
    • 278 12 SINGAPORE The market closed higher yesterday with February One RSS buyers quoted at 157.25 cents per kg, up 1.25 cents from Monday's close. The morning session gained 0.50 cent some buying interest in quiet trading. Prices improved further in quiet afternoon trading on continued buying support. MALAYSIA Continued speculative
      278 words
    • 258 12 UPI BAD WEATHER and short crops in South America may raise the opportunity for larger US exports of coarse grains. But the US Agriculture Department kept its forecast at 49.1 million tonnes. It also trimmed its estimate of US wheat exports by 1.4 million
      UPI  -  258 words
    • 110 12 AFP EXPORTS of Soviet natural gas are likely to soar in the coming five years. The UN Economic Commission for Europe (ECE) forecast a 1990 figure of 50 to 57 billion cubic metres as against 33 billion cubic metres sent abroad in 1964. The forthcoming new gas
      AFP  -  110 words
    • 339 12 RAS prices in S cents/kg, FOB in b ales NOON CLOSE Buyers StMtn Buyers Sellers lot 1 RSS Prompt 155 50 156 SON 156 00 157 OON Int 1 RSS Feb 86 156 75 157 00 157 25 157 75 Int 1 RSS Mor 86 ***** 157
      339 words
    • 105 12 (cents/kg, 1-ton pollers) MAR 86 (current month) (forword month) NOON NOON RAS Bvyen Sellers Buyers Sellers SSR 20 152 00 154 00N 152 50 154 SON SSR 50 150 00 152 00N 150 50 152 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 2I700N 216 00
      105 words
    • 87 12 MALAYSIAN palm oil futures closed lower under further selling pressure on increased activity. Spot January closed Ms 3 lower at $680 per tonne, February $12 at $693, March $7 at $721 and April $12 at $736. Turnover rose to 87 lots from 32 on Monday. The crude palm
      87 words
    • 1406 12 COFFEE Robusta futures continued to fall sharply on Monday afternoon to post losses from last Friday of £248 to £272 a tonne, weighed down in active trading by profittaking, stop-loss selling and long liquidation following a very weak New York spot March. The market started to ease fairly
      1,406 words
    • 207 12 WHEAT FUTURES closed on the Chicago Board of Trade 11'« to 3 J US cents a bushel lower on Monday. March finished near the bottom of a 14'/«-cent range. The slide in nearbys gathered momentum as professional and commission houses sold, responding to tumbling soycomplex prices, and commercials lent
      207 words
    • 99 12 UPI CHINA exported a record 7.567 million tonnes of coal in 1965. The official Xinhua news agency said yesterday more than half of the exported coal was mined in northern Shanxi and Hebei provinces. Japan was the largest buyer of Chinese coal in 1985. followed by
      UPI  -  99 words
    • 232 12 SOYBEAN FUTURES on the Chicago Board of Trade dropped further after midsession on Monday and closed as much as 14 Vi US cents a bushel lower. March ended near the bottom of a nine-cent range at 15.30'4, down 14'/« cents. Weekend rains along with additional precipitation forecast for Brazilian
      232 words
  • Page 12 Advertisements
    • 70 12 reasons why you'll praise the day you moved in... An optional Six Year rental structure Six rental levels to suit your pocket Perfect location in Raffles Place, with direct basement access to the MRT Column-free floors Superb finishes Spectacular views II I Standard Chartered Bank 6 Battery Road Singapore 0104
      70 words

  • SHARE INFORMATION
    • 4301 13 THE ABSENCE of fresh leads yesterday led share prices to continue their downward drifting for the fourth consecutive session on the Singapore stock market. The market managed to close narrowly mixed to easier, thanks to some last-minute nibbling of selected counters. Losers,
      4,301 words
    • 278 13 SINGAPORE Rises NST 605 10 M Flour 225 +5 Generol Corp 120 +5 Intl Trust 100 +5 M T C 78« 370 +4 Amcol 25c 94H 3Vi Imotei 193 +3 How For 188 +3 H Leorvg Ind 50« 139 +3 Chuon Hup 110 +3 Falls A|r«r Hrtom
      278 words
    • 2705 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".
      2,705 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 505 14  -  Interview with Tan Sri Khoo Teck Puat and Allan Ng Poh Meng All stories by ALAN LEE, CHAN OI CHEE FINANCIER TAN SRI KHOO Teck Puat is all set to become a substantial shareholder of yet another of Singapore's Big Four
      505 words
    • 578 14 EXCO Exco International p.l.c. TAN SRI KHOO Teck Puat has been looking for opportunities to expand his interests, especially in the financial sector in the UK, for some time. He wanted to be right there when the financial
      578 words
    • 632 14 SELECTED ISSUES received the bulk of the attention at the Kuala Lumpur stock market and closed steadier in active trading yesterday in an otherwise lethargic and quiet market. Trading was quiet and only a total of 5.07 million shares valued at M 58.71 million changed hands.
      632 words
    • 321 14 MR ALLAN NG Poh Meng, the former executive deputy chairman of United Overseas Bank, is teaming up with financier Tan Sri Khoo Teck Puat to set up a joint venture investment company in Singapore. This was disclosed by Mr Ng and Tan Sri
      321 words
    • 480 14 TAN SRI KHOO Teck Puat has picked a well-known London barrister, Viscount Bledisloe, as his third nominee on the board of UK-based financial group, Exco International PLC. The Viscount, in his late 40s, is a leading Queen's Counsel (QC) in the City of London specialising
      480 words
    • 2519 14 BID and 'offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified VDUSTRIALS A Owe (2 48S) xd AMD (4 00S) Akom
      2,519 words
    • 88 14 MALAYAN CABLES Berks*: EGM at No 10 Jalan Tandang, Petaling Jaya, Selangor, today, at 11 am. KUALA LUMPUR Industries Berhad: EGM at 11th Floor, Wisma Lian Seng, 126 Jalan Bukit Bintang, ***** Kuala Lumpur tomorrow, Jan 16, at 11 am. CHEMICAL COMPANY Malaysia Berhad: 24th AGM on the
      88 words
    • 109 14 HONGKONG Monday 1546 8 Week ago 1526 0 Hong Seng Index Tuesday 1782 23 NEW YORK Monday 1799 61 Week ago 1815 53 Dow Jones Monday 1520.53 TOKYO Friday 1513 53 Week ogo 1547 59 Nikkei Averoge Tuesday ***** 60 Monday ***** 02 Week ago ***** 24 Standard
      109 words
    • 271 14 Mortogers' prices MARA-Bumiputrs for Jon 15 First B'putro 4 63 468 Singapore Unit Trust Second B'putro Ttwd B'putro 4 34 356 4 39 361 The Commerce 0 95 t 01 Fourth B'putro 3 87 3 92 2 53 256 1 68 3 51 The Savings Fund 0 81
      271 words
    • 477 15 A DISPUTE related to the legality of forward contracts in Sigma International appears to be brewing between Malaysian and Singaporean stockbrokers. Two Kuala Lumpur-based stockbroking firms, OSK and Partners Sdn Bhd and Noone and Co have alleged that forward contracts related
      477 words
    • 682 15  -  Diversification into electronics engineering suffers setbacks By RAMESH CHANDIRAMANI PLAGUED by the severe downturn in its traditional vehicle business, Cycle Carriage Ltd's expansion and diversification plans are now having to take a back seat as the mo-tor-based group carries out a radical review of organisational costs
      682 words
    • 484 15 COMMITTEE MEMBERS of the Stock Exchange of Singapore met their counterparts from the Kuala Lumpur Stock Exchange yesterday. The two teams were tight-lipped as to what was discussed. Mr Ong Tjin Ann, chairman of the SES, said that this is a normal
      484 words
    • 223 15 FOR THE second time, Mr Tan Koon Swan, the Malaysian businessman and politician at the centre of the Pan-Electric Industries crisis, has failed to provide the company with fresh funds requested by Price Waterhouse, the court-appointed Receivers and Managers. Under the terms
      223 words
    • 1041 15 SHARE PRICES were marked lower at the outset yesterday on interest rate fears but early selling interest was minimal, dealers said. The continuing upward pressure on UK money market rates heightened speculation that a further rise in UK clearing bank base rates is imminent, dealers added. Base rates
      1,041 words
    • 119 15 Bernama HONG LEONG Industries Bhd (HLI) has denied a newspaper report that it will merge with motor group UMW Corporation Bhd. Replying to a KLSE query, the company dismissed the report as "purely speculative". The Star had in its report speculated that HLI will merge
      Bernama  -  119 words
    • 377 15 BARELY A DAY after disclosing its Ms 36 million equity stake purchase in MBf Holdings, plantation-based Duff Development Bhd has disclosed the acquisition of two other plantation and property companies. Duff has entered into an agreement to buy a 40 per cent interest in
      377 words
    • 308 15 TUAN SING HOLDINGS has announced that Mr Lim Tjoen Kong has resigned as the managing director of the company. However, he will remain as chairman and a director. Mr John Goh Tiong Ean has been appointed managing director in his place. Three others, Mr Sim Mong Chai, Mr
      308 words
  • Page 14 Advertisements
    • 60 14 NATIONAL UNIVERSITY OF SINGAPORE 2." Presents Public Lectures on The Nature And Constituents of Textual Structure by SIR RANDOLPH QUIRK (President, The British Academy) Lee Kuan Yew Distinguished Visitor TODAVS TOPIC (Wednesday, 15 January 1986) SEEKING CO OPERATION Venue Lecture Theatre 13, Kent Ridge Time 5.30 pm AIJ; ARE WELCOME
      60 words
    • 79 14 CREDIT LYONNAIS Doll.U.S. m,m,m Floating Rale Notes doe 1994 Notice of early redemption Notice is hereby given to the holders of the above mentioned notes that Credit Lyonnais will proceed to the early redemption of the total of the outstanding floating rate notes due 1994 on the next interest payment
      79 words

  • Page 15 Advertisements
    • 411 15 NOTICES THE COMPANIES ACT, CAP 185 ACTION MOULD PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of ACTION MOULD PTE LTD duly convened and held at 36 Robinson Road, #05-01/02 City House, Singapore 0106, on 9 January 1986, the following resolutions were
      411 words
    • 244 15 Senior Analyst Around $50,000 plus benefits (Ref. 3612) Our client is a well-established offshore bank with an excellent lending reputation in the region. It seeks a thoroughly knowledgeable and experienced senior credit analyst and documentation specialist who has the management skills to supervise a staff of three financial analysts. He/She
      244 words

  • 303 16  -  By BRIAN GOMEZ TELECOMS will continue to reduce its staff through a policy of staff attrition in a bid to "trim excess fat" in the next two years. In a message to Telecoms staff. General Manager Goh Seng Kim said: "If we in Telecoms and
    303 words
  • 535 16  -  By ANNA TEO NEW OR USED construction equipment lying idle because of the sluggish building industry may find new homes in China and the Middle-East. Two Chinese state companies, the Beijing-based Foreign Enterprise Service Corporation (FESC) and the Egypt branch office of the China
    535 words
  • 341 16 Reuter THE BANK of England sees a further increase in the bank base lending rates as inappropriate at this time and is providing a temporary facility of up to £1 billion to the banking system. A Bank of England spokesman
    Reuter  -  341 words
  • 308 16 COMPANIES providing computer software and services are being advised to step up their marketing efforts overseas because the growth of domestic markets has showed signs of slowing. In its latest annual report, the National Computer Board said domestic sales accounted for 81 per
    308 words
  • 332 16 GOVERNMENT SUPPORT for exhibition services would help to promote Singapore as an exhibition centre and also increase the export of such services, according to the Sub-committee on International Trade. The sub-group identified four main constraints facing exhibition and convention organisers: lack of venture capital and financing
    332 words
  • 147 16 THE HONGKONG branch of the Oversea-Chinese Banking Corporation is planning a HK$lOO-mil-lion fixed rate certificates of deposit issue. The proceeds of the issue, which is yet to be signed, will finance the further business development of OCBC in Hongkong. Banking sources said the is- sue
    147 words
  • 113 16 THREE COMMERCIALS produced by the Singapore Tourist Promotion Board will be presented with an award in the 15th Annual US Television and Radio Commercials Festival in Chicago on Jan 24. The Mobius Statuette Award, which exemplifies the height of achievements in broadcast advertising, goes
    113 words
  • 49 16 Reuter A KEY indicator of the state of the US semiconductor industry, the orders-to-deliveries ratio, rose last month to 0.98, the highest level in 16 months. The Semiconductor Industry Association yesterday said it expected 1986 to be a much better year for the semiconductor industry than 1985. Reuter
    Reuter  -  49 words
  • 255 16 UPI Bernama A HONGKONG High Court judge yesterday refused to halt the fraud trial of two former top officials of the bankrupt Hongkong property and investment group, Carrian, ruling that pre-tri-al publicity had not been prejudicial. Justice Dennis Barker dismissed a defence motion
    UPI; Bernama  -  255 words
  • 177 16 SINGAPORE'S Centre for Computer Studies (CCS) scored a first recently when its newly-in-troduced advanced diploma in computer studies was recognised by the British Computer Society (BCS). The accreditation makes it not only the first institute in Singapore to have its courses recognised by the renowned
    177 words
  • 63 16 THE NEW YORK stock market was pushing higher in early trading yesterday, continuing the rebound that started on Monday. The Dow Jones Industrial Average was up four points to 1525. Advances led declines by an eight-three margin on turnover of 14.74 million shares. Investors weighed a report
    63 words
  • LATE FILE
    • 33 16 UPI IN A MOUNTING campaign against corruption, nearly 55,000 Chinese were convicted of economic crimes between January and November of last year, the official People's Daily newspaper reported yesterday.
      UPI  -  33 words
    • 42 16 Reuter AFTER TWO DAYS of talks, US and Japanese officials failed to reach an agreement on United Air Lines' application to take over the TransPacific services of Pan American World Airways, a transport ministry official said yesterday. Reuter
      Reuter  -  42 words
    • 49 16 AP THAI COMMERCE Minister Kosol Krairiksh yesterday submitted his resignation over the failure of a government scheme to guarantee a certain rice price for Thailand's farmers. The resignation, submitted to prime minister Prem Tinsulanonda, came amid reports of changes in Prem's coalition Cabinet. AP
      AP  -  49 words
    • 58 16 Reuter PRESIDENT MARCOS yesterday said armed forces chief General Fabian Ver might retire before the Feb 7 presidential election and hinted that his deputy, Lieu-tenant-general Fidel Ramos, could replace him. Mr Marcos, speaking to reporters during a campaign sortie to the Bicol region of
      Reuter  -  58 words
    • 39 16 AFP JAPAN has remained the biggest investor in Indonesia ever since the foreign investment law took effect in 1967, followed by Hongkong and the US, the Investment Coordinating Board disclosed yesterday in its 1985 data.
      AFP  -  39 words
  • Page 16 Advertisements
    • 300 16 JACK'S PLACE JANUARY '86 SET IXJNCH MENU KILLINEY ROAD YEN SAN BLOC PARKWAY PARADE BRAS BASAH COMPLEX ANG NO KIO HOTEL MIRAMAR COLA HON Marinated Leg o( Lamb or Pork Cutlet or Grilled NZ Roast Loin of Pork or Pork Cutlet or Steak with Garlic Butter Sirloin Steak Steak Mexican
      300 words
    • 200 16 1 m Mi 1 > J CAN BE AS EASY AS SELLING ON L/C If you have our guarantee. And we can give you that guarantee tn more ways than one. You can choose between our export credit insurance service Or. you can if you are a small and medium
      200 words
  • Page 16 Miscellaneous
    • 58 16 Outlook for todoy: Fair, except for showers over a few areas in the late ofternoon. Report for 24 hours prior to 7 30pm on Jan 14 ot the oirport Maximum temperature 29.5 Associated humidity 67 Minimum temperature 23.0 Associated humidity 91 Hours of sunshine 0.65 Rainfall in millimetres nil Rainfall
      58 words

  • SHIPPING TIMES
    • 600 17  -  By LINDA CHEE THE SHIPPING Corporation of India aims to increase liftings from Singapore up to 1,500 TEUs per month through greater participation in the trade with Asean countries. Its newly-appointed chairman and managing director, Mr LMS Rajwar, expects SCl's current handling of some
      600 words
    • 341 17 UPI. AP SECRETARY-GENERAL Javier Perez de Cuellar reported to the UN Security Council that 50 ships were attacked or detained in the Gulf because of the IranIraq war during a ninemonth period of last year. The report, based on
      UPI.; AP  -  341 words
    • 145 17 Opecna IRANIAN PORTS have handled 8.5 million tons of goods since the beginning of the current Iranian year last March. A Shipping and Ports Organisation official said that 50 quays were involved in the loading and unloading operations. The ports used included Imam
      Opecna  -  145 words
    • PORTSIDES
      • 50 17 Reuter THREE SHIPS carrying containers and one with general cargo were awaiting berths at Chittagong port, with a maximum delay of two days, port officials said. Eighteen vessels were discharging foodgrains, crude oil, fertiliser and containers, while four ships were loading jute goods and general cargo. Reuter
        Reuter  -  50 words
      • 60 17 Reuter LLOYDS SHIPPING Intelligence Service said the Philippine motor vessel Sulpicio Container IV (2,834 tons gross, built 1966), was grounded at Bukas Grande Island, north-east Mindanao, on Jan 12. The Philippine motor passenger general cargo/ferry Misamis Occidental (1,900 tons gross, built 1970), was grounded of the west
        Reuter  -  60 words
      • 82 17 AN INTERNATIONAL conference on war risk insurance will meet in Baghdad next month, Iraqi Finance Minister His ham Hassan Tawfiq said. The official Iraqi news agency reported him as saying the conference will discuss war risk insurance for ships and aircraft, and for goods transported by land,
        82 words
    • 1204 18 INCREASED GRAIN chartering developed out of the US while the freight market was also featured by fairly active fixing in the coal sector on Monday, shipbrokers said. Grain from the Gulf to the continent received a lump sum equivalent of $8.15 and also $8.40 while there were unconfirmed
      1,204 words
    • 1689 18 Seatrade MOKE THAN FOUR YEARS have elapsed since the Philippine government took over the ownership of Galleon Shipping Corp the ill-fated company which had sought at the start of this decade to build a modern liner service betwen Manila and the US. But
      Seatrade  -  1,689 words
    • 839 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Antah Orient X 5 Arrow Lines X 5 Atlas Lines X 4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL
      839 words
    • 164 18 Reuter TEXAS EASTERN Corp said Zapata Gulf Marine Corp agreed to buy the assets of its Seahorse Inc, including 95 marine service vessels. Zapata Gulf was formed through the merger of Zapata Corp's Marine Services Inc. HNG/Internorth's Gulf Fleet Marine Corp and Halliburton
      Reuter  -  164 words
    • 227 19 Fairplay THE CHAIRMAN of the Scindia Steam Navigation Company, Mrs Sumati Morarjee, has protested to the Indian government over the sharp increases in charges at major Indian ports, which came into effect on Jan 1. The increases follow the implementation of recommendations of
      Fairplay  -  227 words
    • 388 19 LLoyd's List JAPANESE composite insurers plan to impose huge increases in renewal premium rates for products liability cover on manufactured exports to the US. Industry officials in Tokyo said rates would, on average, be doubled or trebled when most Japanese insurances came up
      LLoyd's List  -  388 words
    • 690 19 AFP RATE LEVELS improved among fixings reported on the freight market over the past week, and fresh enquiry underpinned hopes of a consolidation of gains. A better rate of $3.50/ tons (against $13.00 the previous week) for a spot US Gulf to Japan shipment of 52,000 tonnes of
      AFP  -  690 words
    • 189 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      189 words
    • 117 19 Reuter CLC of America and its subsidiaries Wisconsin Barge Line Inc, Reidy Terminal Inc, New Orleans Shipyard Inc and CLC Barge Line Inc filed for Chapter 11 reorganisation in the federal court in St Louis. CLC's subsidiary Morgan Drive Away Inc is not included in
      Reuter  -  117 words
    • 4283 21 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a
      4,283 words
    • 772 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location A New York 7 16 1 86 2000 US Lines F7 1130-1230/1900-2000 L2 1230-1330/2000-2100 N2 Thai Partin 39N/A 15 1 86 1700 Jardme F7 0800-0900 F3 Pasewalk
      772 words
    • 515 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel E'tern Glory K27 S'pore Shp alongside 15 1/0100 Equator 5 K23 Thong Soon olongside 15 1/1800 Glory Selatan KI9 Ocean Intl alongside 15 1/2300 Honoi 1 K2I NAPL alongside 15 1/0600 Koto Jade K29 PIL alongside 15 1/0200
      515 words
  • Page 17 Advertisements
    • 823 17 Monthly from Pitman AvailaMe at all good bookshops and newsagents lfllimes 111 llyl I )iNlrihul»rs W *1 OOCL OigtNT OvtHJtAS Codeine* LINE Agents: mm** shppwg agences meg *> 2«m«/ ow) 70 Shenton Way #04 03 Manru House Singapore 0207 WW/ IH *****11 TELEX NO RS ***** CFS OFFICE IPC #03
      823 words
    • 66 17 araaPß BUT LIKE A ghost from the post, the now defunct Galleon Shipping Corp, it seems, refuses to go away Page II JAPANESE composite insurers plon to impose huge increases in renewal premium rates for products liability cover on manufactured exports to the US. Page 111 Index to advertisers II
      66 words
    • 1279 17 h Search IJSSI.VL> tnvn 17/u7Xj> Ik'A lsitn ('i+rni\ip K> This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense THE BOOKSHOP MAERSK LINE MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH 22
      1,279 words

  • Page 18 Advertisements
    • 396 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Vessel MADIA RtS ACE FAAHIY ACE GLORY ACE Accept!* FCI shipments to: Iran. Alftwrwtan, E. Germany, Belpum, Finland. Hunfary, Rumania. Bttffaria. Poland. Yu|osla»ia, Czechoslovakia. W Germany. Norway. Sweden. Denmark. Switzerland. Austria Malaysian Bkj Agents: Anglo-French Trading (M) Sdn Bhd Wk Pan Asia Line:
      396 words
    • 244 18 rr __BarberMueSea_ Supercarrier Service N HUN B TMTt N ROSARtt NUT ARRIVAISN ROSARIO 27/1. BARBER PERSEUS 27/1 B HECTOR 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BAM* KM* um rots us BMW* TORSKRG BARBER XCTOR Also accepteig centrs tor Houston (MLB). S Franc rsco Oakland Stockton and
      244 words

  • Page 19 Advertisements
    • 898 19 The Straits Steamship Group occ Mansfield Container Shipping Re Ltd Overseas Containers Limited CONTAINER SHIP SERVICE TO UK/CONTINENT HAMBURG EIPRESS OSAKA MY KASUGA MARU SENA VON KOmOON BAY an or ewburgh FRANKFURT EXPRESS TOKIO EXPRESS KAMAKURA MARU LIVERPOOL BAY Also Accepting to Rotterdam to Bremerturwi to to S port PXotanf
      898 words
    • 592 19 Franco Belgian Services A (MEMBER f.»r hit si h rent h >t*r\ it r with It* I tfi. in b .ir h \tslrrn I inr* OF ACE CONSORTIUM) il.'.'fr'.i'.MW !u I MR CHARGEURS HAVRAISE MEDEX LINE (MEB CLUB MEMBER) CONTAMJ) SCTWCF TO MEWTEKRAKAA IGXTERXAKA HAH AT* MMttl wmn vujQii Mom
      592 words

  • Page 20 Advertisements
    • 495 20 Hapag-Ltoyd Vl TO CONTINENT/UK EXPORTS On carriage to 3c<iiicinavia. Med. Carribean ft S. America inland haulage to inland destinations in Europe Spore PKHanjPmjiit l*«o«B4bao tan Hbi»i Btu»m A «erp M MubaraKiah 8 2 10/2 12/2 8 3 19/3 15/3 12/3 IBM Totmis 10/2 14/3 10/3 7/3 Sou»* flkiinwrs 8/3 10/3
      495 words
    • 160 20 K LINE FULLY CONTAINERISED SERVICE PKHanf Sport HKont K«nhu«t wpiw* crystal m (?3 n ?i/i 25 76/1 KOREAN CHANCE 24C (30/1) 28/1 1/2 2/2 SEWN SfAS BRIOGE 531 6/?) */2 8 2 < 9/?> FUtIY CONIAINCRISEO 10 fROM NORTH AMERICA WEST COAST CONVENTIONAL SERVICE To/From BOSAN SPORE P KELANG PENANG
      160 words
    • 520 20 Jjff Hai Sun Hup Co (Pte) Ltd m TEL: *****06 (20 Lines) TLX RS ***** RS ***** IE EASTERN CAR I INER. LTD. INTERMARITIME LTD K Kiubalu let: 221 MO Jakarta Id: *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM T* SP PK In Mn II K CT SARNA
      520 words
    • 938 20 m EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) sgp we use klg pus osk nro ksn chs EVER GLEAMY EVER GRAND 20/1 24/1 75/1 27/1 30/1 1/2 2/2 21/2 t«R GUM) EWR a NWS EMR GOLDEN EMR GOMG EMR GATHER 25/1 29/ 1 30/1 1/2 4/2 J/2 7/2
      938 words

  • Page 21 Advertisements
    • 302 21 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 SUS SPORE KN PLYMOUTH PORT CHALURS COLUMBIA STAR 31 lan 12
      302 words
    • 163 21 ytf-l THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S'pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORETOSABAH PORT SINGAPORE TO BRUNEI CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Voy. I S'pore I Bangkok Agents: Bti|kik
      163 words
    • 635 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Hjutmi Eiprest Out) Bit Kiyjji Miru Bfniton Howtoon Bai> City o' (drtwjti E r ink ti# t Eipitss Tokio Eipress EXPRESS CONTAINER SERVICE FROM UK-CONTINENT <H*i by SJM Kasut* Mini Sj4rd Bttu.on Sjfcd Honttoni EipreuSaied K owtoor Bay Sated Stricter 19/1 City
      635 words
    • 731 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE KSM T»0 >■ I IMC IMH STOB •MIVM4I «?M 1 f/1 11/1 14/1 IVI 71/1 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MA MP AM! *7Pm STOKE I PtK* SURABA?A BUSAN 6 »/1 M/l EXPRESS SEMI-CONTAINER SERVICE TO EUROPE
      731 words
    • 394 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore Ptiashwejyawywa V262W 17/18 lan Pa-an V9OW Pagan V9SH Htoneywa V2OBW 27/29 Jan 29/31 lan 7/9 Feb P.Kelanf Penary 24/25 Jan 21/22 Jan BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK
      394 words

  • Page 22 Advertisements
    • 1395 22 USA CANADA [3 K LINE KAWASAKI KISEN KAISHA. LTD. PACIFIC COAST (Including DESTINATIONS INLAND vi» IPI MICROBRIDUK ft MINILAND HKIDiiK) FEEDER NEPTUNE CRYSTAL V32E KOREAN CHANCE V?4E MOTJER VESSEL ASIA MARU V6l I lONS GATE BRDGE V 42 lAPAN ALLIANCES V2B ASIA MARU V6l STOW PKLG PENANG SPORE 21 )an
      1,395 words
    • 804 22 C£f <Lf AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers CM ABM AURIGA WA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singjpoir f AHjnf Penjnf lojdinj loi ?0 Ijn Cotortw Botnbii ft Ijt 24 lj« M*ftn B 4e* HjMj Calcutta 30 Un Mxfcli Bantu* 8 frt 7 fH> MjOji Btfftf Hjfcfcj Cjlcuttj
      804 words
    • 606 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 73 let* A,rr Street SINGAPOM 0104 HI SJ4JSM <10 INS) STRAITS/PERSIAN GULF SERVICE: S(w -ftoMng Ptnang GOtWN BUI ,o» mbo Para.h, Dutv» *uaa<t GOIDEN aiT i. ...mbo Aararh. Uitu< Bahra.r> 20/21 lax 11/12 Feb mma CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S REPUBLIC
      606 words
    • 466 22 iA (PTC) LTD 10 Anson Road. #27-16. International Plaza Singapore 0207 Tel *****11 (10 Lines! BREAKBULK SERVICE TO EUROPE/UK Spore f Kcbnf Loadnt far SOUTKRN PACfftC *****21 Saied Saied ROT ANT UK (AVON) ANANGEL PEACE 8M5923 19/1 22/1 ROT/ANT UK (AVON) Snfapore MTMSU (PTE) LTD BOOKMG ??«6SIX lunpv BWTMG SfffK
      466 words

  • Page 23 Advertisements
    • 728 23 K NOL NEPTUNE ORIENT LINES LTD Agents Sport* NEPIUNE AGfNCfS PTE LID Tel No othce Terminal CES BOOKINGS *****77 ft EU AUST IP* St* *****77 *****22 *****53 OR WWCI LIMS *****53 *****42 I Hjhru HAKPER W*A SOW BHD *****0 P Man, HARPER WIRA SDN BHD 38/201 *****1 P lava HARPER
      728 words
    • 599 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON sp(*( »ams NEPTUNE AGENCfS PTf LID TH ?*****7/*****34 (Booknfs) *****10/*****22 (Opftitwm) 2?2?487/??09?S4 (lermMl) ?20?4->0 7W504 (CES) Mutrsit AGf WIS TUNAS SETIA SDN BHD Kl TH 2/10W 6 PK let 3M%4 PIN TH *****5/*****S CEYLON SHIPPING CORPN
      599 words
    • 752 23 m 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 PENANG MS SHARK AI NAH SOON SON BHO IST AND 7ND FLOOR Iff SSRS HAI THONG
      752 words

  • Page 24 Advertisements
    • 485 24 r Kefiinnnl Container IJnrs COMPAGNIE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) NXAN OCEAN/AFRICA REGULAR SEN-CONTAINERISED SERVICE VSL BETSBOKA BETSBOKA STORE LOAHNG FOR 11/20 Jan Pt Louis. Reuwm, Tamatare, Dutan. DaresaUm Mombasa 7/« ikr do HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPH.IAIISID HfAVY UFTfRS AW All ABLf Spore
      485 words
    • 73 24 )FMCO SHIPPING COMPANY (PTE) L Tt EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAHINGb WEEKLY Acceptint both FCL ind LCI: *ICI Cargoes packed at private CFS Mon-Fri 9am 5 30pm Saturday 9am 1? 30pm eid Stat t Pub hob WEEKLY SERVICE TO HONGKONG, KEE LUNG KAOHSIUNG t JAPAN ETA Spore Loading for:
      73 words
  • Page 24 Miscellaneous
    • 189 24 Regional Weather Sf s* 0* m !> i e <** m 0> ft eg I' tl Pf, Pi M K 21 BS »E m i is Ci.^ A 100E S3 £5&S^ rv *1 la B c Win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS
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  • Page 25 Advertisements
    • 117 25 IiSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****5/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE E7W i m if. gynf^TTy^TiiTrTMtTy lIH ALSO ACCEPTHG FOR: ANTWERP. I HARK. UK. BREMEN. COPENHAGEN. OSIO AISO AC CEP TUG FROM EUROPE RTM, HAM. GOT.
      117 words
    • 180 25 P. T. WASESA LINE WEEKLY SERVICE TO JAKARTA VESSEL ETA ETD LOADING FOIt NIAGA XXXIX V.EB 02/86 22 Jan 25 Jan Jakarta MAPEWA V.EB 01/86 IS Jsn 18 Jan Panjanfl/Jakarta TBN 20 Jan 22 Jan Marak/Panjanfl As Owner Rcprescntalne 100 HWA SHWING (PTE) LTD., 215 ARAB STREET. SMGAPORE 0719 TEL
      180 words
    • 501 25 GLORY NAVIGATION GROUP REGULAR LIHER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* In Port IS/1 GLORY M 5 11/1 G SELAIAM-S *36 24/1 26/1 6 VESSELS Of LOG CARRERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE
      501 words

  • Page 26 Advertisements
    • 473 26 Iff mavovmo tsszezef TO: EUROPE TG MAN SPORt PAfIANG PtNANG FOR MNNKAR II ?0 lin 21/23 lan 24.'29 l*i IDN RUM WG RHYN •W ANCHAN 27/29 I*. 2Y 26 bn 31/2 feb 3,« feb JOR RDM HBG BHVN »NP HUU FROM EUROPE; PfNANG P. HUANG STCK BR* FRO* lUMU 11/20
      473 words
    • 381 26 P M LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Iniel UPORT s»t W«< PKetont Prljn POM 1 PKMER 4 N Ijn l»/20 Un 2V'?« a<PORI POMEI PKKCER 4 S tea 19/19 lan M/ 71 l» 22/2J •Po*l rtNIUW JS I* 21/21 Ijo 27/27 Cjrfo iccepted to Snfapoie Cor go will accept to
      381 words
    • 693 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FI*IK CONUNNSEO SfßflCf 10 EWOft SUEZ) S par I (torn Idjm F it»w» MT*«| Brwr C I PAWS 3D to PI 3/2 4/2 S 0/2 ill HONGKONG CONTANIt «l« 22/1 10/2 11/2 13/2 IS 2 10/2 OftfNTAl
      693 words
    • 830 26 COMPANY PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading tor Calao Malum Ho and <1 oft*' Peiutun ports wtti tiarrshpment at Kobe On CPV throufti Ms ot lading to tmal dniiiutxxi THOMASEVERETT HUOfYDtCn MANOtOEVERETT Penanf* P. Ktimt ki ft/15 tan Sine apart 16/17 lan 21/22 tan 5/6 fail JAPAN BAY
      830 words
    • 371 26 ZIM ■ZCNCIiJO* INDEPENDENT FULL CONTAMER SERVtCE accepta* FCLLCI cargoes to USA East Wrest Coast. Carnbbeaniast Canada and HAITI ZIM EILAT CONTAINER LINE Sport Eiat Trieste *OC*" Venct Peaein m TNfSH 24/1 I/? 19/? 2 17/2 M/ 2 m klbourw it/? ?«7 7/1 t/i s/i 2/3 Acceptaij FCL To Eiropcan and
      371 words