The Business Times, 24 January 1986
1986-01-24
1
24
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The Business Times
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Title Section12 1986-01-24 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, JANUARY 24, 1986 75 CENTS12 words
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Article, Illustration638 1986-01-24 1 HOMER CHEN - KL Finance Minister says relations with Singapore unharmed By HOMER CHEN AFTER TWO DAYS of detention, Malaysian businessman Tan Koon Swan was yesterday brought to Court and charged with six offences under the Companies Act. In Kuala Lumpur, the news led638 words
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Article645 1986-01-24 1 DAVID GABRIEL - By DAVID GABRIEL MR TAN KOON SWAN was charged with abetting Mr Tan Kok Liang, a director of several companies, on six counts of criminal breach of trust involving a total of more than $5.5 million. The charges claimed that on specific dates last year,645 words
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Article, Illustration94 1986-01-24 1 INVESTORS pat aside worries •ver the implications of Tan Koon Swan's detention and went on a bargain hunt at the Singapore stock market yesterday. Share prices were slightly better for most of the day, except for some weakness near the close. Gainers outstripped losers 79 to 55 with94 words
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Article485 1986-01-24 1 ALAN LEE - By ALAN LEE THE EXTRAORDINARY general meeting of Promet Bhd was called off yesterday because of a legal technicality. But other events which took place yesterday might mean that the struggle for power could be over without the need for another shareholders' gathering. Shareholders who485 words
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312 1986-01-24 1 AMY CHEOK - By AMY CHEOK A NEW LEADING FIGURE in the Pan-El affair emerged yesterday with the charge that Mr Tan Koon Swan had been abetting Mr Tan Kok Liang in committing Criminal Breach of Trust. Mr K L Tan is a director and financial controller of312 words
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Article120 1986-01-24 1 ALL 37 creditor banks of PanElectric Industries met yesterday morning to discuss with Mr Tan Koon Swan the impact of the latest developments on the future of the company. There was no suggestion of banks breaking ranks, say informed sources, but all were encouraged to consider care120 words
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Article109 1986-01-24 1 Bernama DATUK SERI Dr Mahathir Mohamad yesterday warned the Malaysian public that quarters who were jealous of the country's development would intensify their efforts to topple the government. The Malaysian Prime Minister said these quarters, which included opposition parties and organisations and foreigners with colonial thinking, wereBernama - 109 words
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Page 1 Advertisements
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Advertisement202 1986-01-24 1 NICKEL CADMIUM Battery Systems for professional applications a. —1 <T/St»»«v.y xw w?r terr 3 bdrms. servant's, attached bath, split living/ dining Furn SI .350. RFC *****1/*****3. DISTRICT 11, Orchid Inn vicinity. Beautiful single storey bungalow on elevated land, 3 bedrooms, swimming pool, renovated, land area 6,500 square feet, mature garden,202 words
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Advertisement244 1986-01-24 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW RECESSION AND UNEMPLOYMENT will trim the flab accumulated over the years of soaring growth ond escalating wages. Getting rid of this flab is not pleasant, but the pain of the process will turn out244 words
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Advertisement18 1986-01-24 1 Full report, Pag* 12 Int'l stocks, Page 10 Asian stocks, Paga 11 Oil exploration project off, Page 1318 words
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Advertisement59 1986-01-24 1 •TlIT# MINOLTA EP3SOZ More stories, Page 3 4*?. a. testonr BOLOGNA ITAI IA j I L Singapore: a. testoni Mandarin Hotel Hilton Hotel Pavilion Intercontinental Daimaru Printemps Kuala Lumpur: YValtons Fashion Regent Hotel Brunei: Lobby End Sheraton Utama Hotel Jakarta Masari Leather Line and Fashions Unit 39 41 Gajah Mada59 words
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HOME NEWS
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521 1986-01-24 2 BOEY KIT YIN - More products to enjoy a spc concession By BOEY KIT YIN SINGAPORE and its exports will not be graduated from Australia's scheme of tariff preferences under a revised system which takes effect in July. Senior Australian Trade Commissioner Graeme Hargreaves said that instead,521 words
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176 1986-01-24 2 A TOTAL OF 3,520 quality control circles have been set up by 143 establishments in Singapore and the number is still growing. Mr Heng Chiang Meng, the Member of Parliament for Jalan Kayu, said yesterday that it was the duty of all176 words
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272 1986-01-24 2 SINGAPORE AIRLINES was yesterday ordered to show cause why it should not bring its dispute with the Airline Pilots As-sociation-Singapore (Alpha-S) for arbitration. The dispute arose when SIA management informed the union of its intention to remove some fringe benefits from272 words
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Article95 1986-01-24 2 A NEW four-day programme by the Singapore Institute of Management, "Instructional Skills for Line Managers", has received approval-in-principle support from the Skills Development Fund. The support is at 70 per cent of the course fee. More programmes to train line managers to become trainers will be95 words
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Article62 1986-01-24 2 WHILE the movie Rocky IV might provide some insight into Soviet-American rivalry, a course by the National University of Singapore might be more enlightening and less biased. Its Department of Extramural Studies is conducting a 10 session course on "Super-powers in World Affairs" starting on Jan 31.62 words
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339 1986-01-24 2 LISA LEE - By LISA LEE LOCAL COMPANY Toh Seng Sit Construction beat 28 other contractors to clinch an $8.5 million Job (or the building of govern-ment-owned holiday chalets at Pasir Ris Park. Competition among the many contractors who tendered for the job was intense339 words
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Article, Illustration156 1986-01-24 2 JEFFREY TSANG - By JEFFREY TSANG THE Mercedes Benzes parked outside the Wesley Methodist Church yesterday probably outnumbered all of the similar models held in stock by Cycle Carriage. But it was to be expected. After all, the bridegroom was the managing director of CAC's Mercedes156 words
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351 1986-01-24 2 TRAIN THEM and then tap them Par East Computers (FEC), which yesterday signed an agreement to supply the Ngee Ann Polytechnic with 44 CAD/CAM workstations, hopes to tap the expertise of the trained staff and students for its consultancy projects in351 words
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132 1986-01-24 2 KLM ROYAL DUTCH Airlines, now in its 66th year of operation, has been named the "Airline of the Year" for 1985 by the US-based international trade magazine, Air Transport World. The publication presents awards every year to airlines with noteworthy achievements in132 words
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Article85 1986-01-24 2 THE DEPARTMENT of Extramural Studies of the National University of Singapore will conduct an eight-session course on italic handwriting starting next month. The course will be conducted by Dr Koh Boon Piang, a former specialist adviser of art and crafts at the Ministry of85 words
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Article, Illustration117 1986-01-24 2 THE FIRST Deputy Prime Minister, Mr Goh Chok Tong, will be speaking on "Economic Recovery, Education and Jobs" to students and staff of the Singapore Polytechnic on Jan 29. About 500 students and invited staff are expected to attend the talk, organised by the Singapore117 words
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Page 2 Advertisements
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Advertisement348 1986-01-24 2 Introducing Singapore's very own ALR 286 the price/performance leader in IBM PC-AT Compatibles Currently. V.M IBM PC-AT tetpn« h fester t Mpar warranty m i iCT=a sv 'v gup: r^T.tic :r-r*y*?; t;jt Features: STANDARD ***** 16-bit CPU 8 MHz clock rate 512 KB RAM expandable to 2 MB on-board 1.2348 words
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Advertisement123 1986-01-24 2 MONTBLANC THE ART OF WRITING .meisterstOck- the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from the piston-filling system to the 14-carat gold nib and the gold-plated fittings. The MEISTERSTUCK is123 words
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THE PAN-EL AFFAIR
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319 1986-01-24 3 THE SITUATION AT Supreme Finance, which suffered heavy withdrawals on Wednesday, returned to normal yesterday. The banking halls of its Kuala Lumpur branches were relatively empty at noon compared with the crowds of the previous day, which had prompted Bank Negara and the319 words
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302 1986-01-24 3 MEMBERS of the Malaysian Chinese Association (MCA) have threatened to organise a total boycott of goods and services from Singapore, unless their leader, Mr Tan Koon Swan, was released and an apology tendered to Malaysia. The threat was made in a statement issued jointly302 words
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Article, Illustration136 1986-01-24 3 Bernama MORE THAN 10 Singapore cart were etopped at the Caueeway and the drivers told not to enter Malaysia by some 70 Malaysian Chinese Association (MCA) members who staged a demonstration there yeeterday morning to protest against what they called the unfair detention of party presidentBernama - 136 words
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469 1986-01-24 3 UNICO HOLDINGS, the investment arm of the Associated Chinese Chamber of Commerce and Industry of Malaysia, announced yesterday that it will buy 32 per cent of Supreme Corporation instead of a stake in Grand United Holdings or Supreme Finance. A three-hour469 words
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OVERSEAS
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Article, Illustration540 1986-01-24 3 AP Reuter US TREASURY SECRETARY James Baker has called on major countries to cooperate more in their domestic policies. "At a minimum, we have to develop a more effective means of assuring that the international implications of domestic policies are taken into account inAP; Reuter - 540 words
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Article135 1986-01-24 3 Reuter EUROPEAN COMMISSION president Jacques Delors has called on Japan to help Europe to combat what he called excessive US domination of the world economy. Complaining that Washington had often been slow to recognise the problems caused by its domestic policies, Mr Delors said stronger tiesReuter - 135 words
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437 1986-01-24 4 Reuter PRESIDENT RONALD Reagan has told fellow Republicans that he would reject any special fee on oil imports or a value-added tax the very proposals which Congress is considering to reduce the federal budget deficit. Republican senators raised the issues at a White HouseReuter - 437 words
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281 1986-01-24 4 FT ISRAELI Prime Minister Shimon Peres has called for a new Marshall Plan to underpin the Middle East peace process. In a speech at the Royal Institute of International Affairs in London on Wednesday, Mr Peres urged the US, Europe and partsFT - 281 words
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214 1986-01-24 4 Bernama A MALAYSIAN journalist was yesterday fined M 57,010 in default of one year's Jail when he admitted receiving a secret military document in violation of the Official Secrets Act. A second charge under the same Act was dropped against New Straits TimesBernama - 214 words
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Article, Illustration341 1986-01-24 4 AP A US STATE DEPARTMENT official has disclosed that Washington has undertaken a special investigation of spending of US aid funds in the Philippines. The investigation comes in the wake of reports that Philippine President Ferdinand Marcos and his family have invested heavily inAP - 341 words
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Article906 1986-01-24 4 ARRIVALS Operator Service Local From number time THAI TG98I 0025 BKK FT FT7I 0110 JEK/ORD/ANC /NRT/MNL/TPE PAA PA21/5 0155 LAX/TYO/HKG SV SV398 0445 JED/RUH SIA SQ4I 0615 MAA SIA SQ43 0730 DHA CAL CIOIO 0740 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935906 words
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Page 3 Advertisements
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Advertisement98 1986-01-24 3 <• J' <: jfi, I- it«•. ..-.j V; ft' PIERRE BALMAIN STYLE REDEFINED w' ./J Jj£ -,v 3^ I WA wmm u I. u n >> V:: J- f: V ,1 :V~ rrs -v ,-r a r. Hfir&ftlfoflh c;- 0 IS. J v.> .j,.:.- v„-- lis Mr f -i I98 words
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Page 3 Miscellaneous
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Miscellaneous43 1986-01-24 3 Doonesbury BY GARRY TRUDEAU OH. HOW ABOUT PR. VONUMCK 7 ORPR. KJSKAIP? PR YON WICK tSA PARAP9KHOLO6GT KJNMIP IS A FORMER PRO HOCKEY TRA/NBR. my mmm m Sift m ARBNTTHEZB {V£'i£ ANY REAL NEVER POOORSAT NeeP&ONE 7HISMEP BEFORE. SCHOOL 7 Wi 1 m43 words
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Page 4 Advertisements
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Advertisement319 1986-01-24 4 WITH WANG VS SYSTEMS. YOU GAIN ON COMPOTIBIUTY AND USER FRENDUNESS. WITHOUT LOSMG POWER II THE PROCESS. Offered as a complete and easily upgradeable line of minicomputers, Wang VS systems have the power to address core data processing applications as well as end-user application needs. As a result, they are319 words
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AIR CARGO
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Article214 1986-01-24 5 ARRIVALS Operator Flight Local From number time FRIDAY FT FT7I 0110 JFK/ORD ANC/NRT MNL/TPE FT FT7I 2355 JFK/ORD ANC/NRT TPE SATURDAY CAL CI333 0130 TPE CV CV796 0845 LUX/DXB KAL KE685 1955 SEL SUNDAY FT FT73 2355 LAX/SFO ANC/NRT OSA/TPE MONDAY NW NW903 1840 JFK/IAH SFO/ANC NRT JAL214 words
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Article87 1986-01-24 5 ROYAL BRUNEI Airlines and Cathay Pacific have jointly increased the frequency of flights on the Bandar Seri Begawan and Hongkong route from two to three scheduled services a week, effective last month. "The decision to increase frequency is a reflection of healthy passenger and cargo87 words
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541 1986-01-24 5 LIM SOON NEO - By LIM SOON NEO SINGAPORE could handle at least 3,000 tonnes a year of airfreighted printed material and generate at least $27 million in revenue if conditions are favourable. At present, the printing industry here generates about 1,000 tonnes of air541 words
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Article472 1986-01-24 5 SHAHRIR ARIFF - By SHAHRIR ARIFF K C DAT, the official freight forwarder of the Asian Aerospace '86 exhibition, handled 60,000 kgs of inbound air freight business for the four-day show from Jan 15 to 18. Mr Philip Chua, its general cargo manager, said his company had estimated472 words
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106 1986-01-24 5 Reuter UNITED PARCEL Service has entered an agreement to purchase from Boeing Co 20 cargo aircraft and an option to acquire 15 more, in a transaction which could total US$l.4 billion. United Parcel will begin receiving in the autumn of 1967 aReuter - 106 words
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Article96 1986-01-24 5 LUFTHANSA German Airlines celebrated its 60th year of operations this month. This is also its 25th year of regular services to Hongkong and Tokyo. The airline launched trial flights as far as Tokyo in 1939. Three possible routes were tested in the 1920b and *****.96 words
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302 1986-01-24 5 THE THIRD cargo agents' building which the Civil Aviation Authority of Singapore (CAAS) is building will add 10,550 sq metres of warehouses and 10,800 sq metres of offices to the existing space. When completed next year, the building will effectively double facilities302 words
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Page 5 Advertisements
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Advertisement101 1986-01-24 5 <* H t V v r >- (m* 7* *rS*. v «%W»* VvS N v 5 V r:?&z m kT "Yield" Oscar Wilde The only way to get rid of temptation is to yield to it. Royal Salute. The ultimate temptation. Few are discerning enough to be tempted. And to101 words
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BANKING AND FINANCE
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259 1986-01-24 6 Reuter CHINA IS CONSIDERING opening money markets in major cities as part of its economic reform. In Beijing, the China Daily newspaper quoted Chinese Prime Minister Zhao Ziyang as saying that all kinds of markets should be opened in the cities, including marketsReuter - 259 words
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Article163 1986-01-24 6 NATIONAL BANK of Hungary became the first institution to tap the Asian dollar bond market this year with its US$lOO-mil-lion floating rate note (FRN) signed yesterday. The FRN, which carries an interest of V* per cent over the six-month Singapore interbank offered rate, will mature in163 words
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Article119 1986-01-24 6 Reuter JAPAN'S OFFSHORE financial market is due to open around October but with only the minimum freedoms required for such a market. Bank of Tokyo chairman Yusuke Kashiwagi said the Ministry of Finance is still working on the legislation but aims to present itReuter - 119 words
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301 1986-01-24 6 CORPORATE CLIENTS of Standard Chartered Bank involved in foreign exchange dealings should be able to sleep much better these days. The bank recently introduced a foreign exchange service called "Globewatch" to give its clients 24-hour coverage of the world's currency markets. With this service,301 words
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MONEY AND EXCHANGES
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Article293 1986-01-24 6 Reuter SIMEX financial futures closed slightly higher yesterday on some commercial buying and short-covering in quiet trading. March Eir«i«lltr closed at 91.93, up from CME's 91.90 and June at 91.76 against 91.72 with turnover totalling about 760 lots. Currency futures also fluctuated narrowly before closing slightly higher. March D-marksReuter - 293 words
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Article241 1986-01-24 6 HONQKONQ: Prices closed easier yesterday under local speculative selling pressure. The metal was lifted from its lows as European buying emerged with prices slightly above US$349 per ounce. Bullion ended at U*****.40/90 comSred with an opening >1.30/80 and its close of $360.00/50 in New York on Wednesday. On the241 words
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Article123 1986-01-24 6 THE OVERNIGHT rate on the Singapore interbank money market fell by 1% point from Wednesday to end at 3V4 per cent yesterday. The one-month term rate fell by Vi point while the two and three-month term rates fell by V* point each. S$ Interbank rates at 7pm yesterday:123 words
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Article541 1986-01-24 6 SINGAPORE The US dollar closed lower yesterday against major European currencies but slightly firmer against the yen in (airly moderate trading. The dollar closed weaker at 2.4515/25 marks compared with New York's 2.4585/4600 close and at 2.0800/10 Swiss francs against 2.0815/90. Sterling closed higher at U551.3960/60 compared with541 words
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Article234 1986-01-24 6 Interbank rates at 3pm yesterday: Md Odor a chango Local dollar* to on* unit of foreign US doBar XI375 2.1385 2 8196 -24 19 Sterkng pound 2 9860 ***** 7 3469 -59 36 Austrafcon dolor 1.5186 1.5215 3 4286 -55 71 NZ dolor 1 0997 1.1034 3 4286234 words
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Article, Illustration357 1986-01-24 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday, after a day of quiet trading. News of a downward revision in US fourth quarter GNP growth to 2.4 per cent from an earlier flash estimate of 3.2 had little impact on the market as this was offset357 words
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Page 6 Advertisements
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Advertisement181 1986-01-24 6 MAKING ROOM FOR BETTER THINGS TO COME NEC Bit-Inn expands to become a full-fledge Computers and Communications showroom at the World Trade Centre (Opening early February) The existing NEC Bit-Inn telephone numbers 733 9171/2 are no longer in use. A S% NEC COMPUTERS SINGAPORE PTE LTD MJ 138 Robinson Road181 words
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Advertisement743 1986-01-24 6 NOTICES Id'Mfl TENDER FOR ESTATES MACHINES Separate tenders are invited for each of the following 1) Supply, Delivery and Commlaaioning of High Pressure Washers complete with maintenance tools and accassoriaa to various HDB aatatas. 2) Supply, Dalhrary and Commiaatoning of Walk-Bahind Sweepers com plate with maintenance toota and accosaorioa to743 words
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RAW MATERIALS
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Article14 1986-01-24 7 Closing pricot on Jon 23 KL TIN (m$A 9 Price Suspended Turnover (tonnes) Suspended14 words
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Article240 1986-01-24 7 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 157.50 cents per kg, up 0.50 cent from Wednesday. The morning session lost 0.25 cent on lack of interest in thin trading. Prices gained ground in quiet afternoon trading on light buying support. MALAYSIA Conditions240 words
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Article66 1986-01-24 7 Bangkok (US$/tomM. FOB) White Rice 100% 1st doss 280 100% 2nd doss 255 100% 3rd class 250 5% 240 10% 235 15% 230 20% 225 25% 215 35% 210 Broken Rice A-1 Super 155 A-l Special 152 C-l Special unq C-1 Od unq Loonzain Rice 100% 1st grade unq66 words
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Article1036 1986-01-24 7 COFFEE Fresh trade and commission house buying and short-covering, prompted by a bounce in New York from limit down to limit up at one stage, lifted robusta futures above Tuesday night's close on Wednesday afternoon to end the day with gains of £17 to £30 a tonne. At1,036 words
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Article309 1986-01-24 7 RAS prices in S cents/kg. FOB m boles NOON CLOSE Mn Sellers Beyers Sellers Int 1 RSS Prompt 157 00 158.00N 157 00 158 00N Int 1 RSS Feb 86 157 75 158 25 157 50 158 50 Int 1 RSS Mor 86 160 25 160 75309 words
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Article87 1986-01-24 7 (cents/kg, 1-ton pgj g£ MAR 86 (currant month) (forward month) NOON NOON RAS ScNcre Ivytn S•Nan SSR 20 158 00 I60 00N 159.00 161.00N SSR 50 156.00 158.00N 157 00 159.00N MRELB Buytvs hiy«n S#N#ct SMR CV 222 50 224.50N 224 00 226 00N SMR L 221.0087 words
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Article66 1986-01-24 7 Robusto 20/25% FOB NSW 675 00 Nutmeg 578 00 110 FOB NSW E&W FOB NSW 462 00 Gambier FOB NSW 330 00 London Commodity Exchange on ion 22 Sellers' ciowmg prices (USS/long tonne CIF pom, unless otherwise Europeon itote-d Pepper (Sarawak) Foq, spot 6600 White foq. afloat 680066 words
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Article149 1986-01-24 7 SOYBEAN FUTURES on the Chicago Board of Trade edged higher after midday on commercial and local buying and settled 4Vt to three US cents a bushel higher on Wednesday. January expired two cents a bushel higher with little fanfare. Traders called the day's advance mostly technical and a reaction149 words
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Article124 1986-01-24 7 WHEAT FUTURES on the Chicago Board oI Trade recovered from mixed levels at midday on active computer fund and commercial buying, and ended 6V« to 2V« US cents a bushel higher on Wednesday. March finished up 4V« cents at $3.22 a bushel. Late purchases by CIS in May, CAD124 words
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Article188 1986-01-24 7 MALAYSIAN crude palm oil prices closed lower yesterday on further selling activity in spite of a rebound in Chicago soy oil futures and India's presence in the market at its weekly import tender. Talk of large palm oil stocks continued to pressure prices. In the January position, north188 words
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333 1986-01-24 7 Reuter A LEADING metal broker says a plan devised to solve the three-month old interantional tin crisis had failed and he called on Britain to bail out the insolvent International Tin Council <rrc). Ralph Kestenbaum, one of the proposals' architects, accused its memberReuter - 333 words
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Article94 1986-01-24 7 Reuter A TOP OFFICIAL of the beleaguered London Metal Exchange on Wednesday warned that the LME faces almost certain permanent closure of trading in all its metals if the International Tin Council refuses to meet its outstanding commitments with the exchange's brokers. LME board chairmanReuter - 94 words
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141 1986-01-24 7 Reuter JAPANESE TRADERS said Japan's latest proposal to resolve the world tin crisis could reduce the competitiveness of Japanese tin products and still leave the International Tin Council short of cash. Delegates at the ITC meeting in London said Japan suggested that some ofReuter - 141 words
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Page 7 Advertisements
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Advertisement442 1986-01-24 7 NOTICES A IN THE MATTES OF THE COMPANIES ACT, tHiWWt 186 TELECO DBILLTECH (PRIVATE) LTD MEMBERS' VOLUNTARY LIQUIDATION Notice Is hereby given that the creditors of the abovenamed Company, which Is being voluntarily wound-up, are required within thirty days thereof to send in their names and addresses and the particulars442 words
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Advertisement218 1986-01-24 7 pi The banking world has changed. Ask New York. London. Hong Kong, Singapore. Imagine: I )clit ale ncp,ot iations lor .1 billion dollar takeover arc in progress in N« w V or k. The oiiti omc hinges on I In- ai rival <>1 set unties from Singapore. Ami they're needed218 words
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FEATURES
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Article452 1986-01-24 8 EXECUTIVE PERQUISITES are a myth. Or, at least, a myth for a broad band of junior and middle level executives. The Singapore National Employers' Federation survey of Singaporean executives shows that the perquisites commonly associated with executive status only start appearing in the rarefied level of chief executives452 words
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Article, Illustration678 1986-01-24 8 FLORENCE CHONG - Unseasonally high volume of job advertisements in Australia A high volume of advertisements for jobs in Australia's national newspapers suggests that the unemployment crisis in the country may be over, says FLORENCE CHONG in a report from Sydney. FLORENCE CHONG AUSTRALIA'S ECONOMY continues to give678 words
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646 1986-01-24 8 Equity - Letters to the Editor Equity Dear Sir, On Dec 18 last year, BT published my letter stating that the Stock Exchange of Singapore (SES) Rules and Bye Laws only provided for contracts with immediate, ready, one month and overseas arrival delivery. Someone seems to646 words
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262 1986-01-24 8 Ng Kim Leong - Ng Kim Leong General Manger DBS Finance Ltd Dear Sir, We refer to the article on "Helping Small Businesses With Export Financing" (BT Jan 16). The article stated that "other than the Monetary Authority of Singapore's rediscount rate for export bills, there is262 words
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Page 8 Advertisements
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Advertisement38 1986-01-24 8 T") SINGAPORE business MC(P) 11/12/85 $4 VOL 10 NOl JANUARY 15,1986 MONTHLY 1 ON SALE NOW Published by Times Periodicals Private Limited Wm f '< e,. N f _V'.' J! 2 I r VI THE TIGER PROMISES LITTLE JOY38 words
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Page 8 Miscellaneous
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Miscellaneous650 1986-01-24 8 BriSfcOHT: EtankDictag mmMm fsmmsm CRYPTIC PUZZLE ACROSS 4 King of spuds (6) 7 Lamb given food by g«ri (8) 8 They give pleasure in no roundabout way (6) 10 Fat, round-headed wild bees (5) 13 Rom-check, we heor! (4) 14 Fost-growing plant' (4) 15 Dropped low (4) 16 Incunabula girl650 words
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SPORTS
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361 1986-01-24 9 AP CHICAGO BEARS' quarterback Jim McMahon got his acupuncturist on Wednesday and vowed to be ready, sore buttocks or not, to play in Sunday's Super Bowl in New Orleans. "I'm not going to miss this game. I'd never wantAP - 361 words
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211 1986-01-24 9 AP LIKE COCA-COLA and the hot dog, American football is about to become a Chinese import. And China's first look at "olive ball" will feature the best of the best the Super Bowl. TLI International Corp is producing a telecast of Sunday's gameAP - 211 words
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Article, Illustration425 1986-01-24 9 WORLD CUP '86 UPI AP THE SPANISH national team outplayed the Soviet Union 2-0 on Wednesday as both sides warmed up for their springtime showdowns in Mexico for the World Cup. Neither side dominated play in Las Palmas, Spain, as a nationalUPI; AP - 425 words
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Article, Illustration598 1986-01-24 9 Games to be self-financing for the first time IF ANYTHING, this year's Commonwealth Games in the Scottish city of Edinburgh will surely be remembered for many things. For starters, a record number of 43 countries will be represented by at least 2,730 competitors almost double the598 words
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448 1986-01-24 9 WALTON MORAIS - By WALTON MORAIS THE SINGAPORE Professional Golfers' Association is close to signing a two-year contract with a sports marketing organisation which will act as the association's marketing consultant and help it secure sponsors and organise tournaments. The deal is expected to come448 words
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Article, Illustration434 1986-01-24 9 Reuter THE LADIES Professional Golf Association (LPGA) began its 37th season in Boca Raton, Florida, yesterday without Nancy Lopez, and that made Pat Bradley an early favourite to dominate the US$lO million circuit. Bradley wase among 144 of the world'sReuter - 434 words
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387 1986-01-24 9 AP WINNING, Jack Nicklaus said, is important to his continued participation on the PGA tour. "If I can't win, if I can't 1 compete, I won't play," he said before beginning his 25th tour season this week in the US$500,000 Phoenix Open. Nicklaus, oneAP - 387 words
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Page 9 Miscellaneous
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Miscellaneous1146 1986-01-24 9 J T? r* u One of the dramatic court room acenea in The Verdict FRIDAY NIGHT MOVIE The Verdict 10.30 pm, Channel 5 Paul Newman was nominated for an Oscar for his portrayal of an alcoholic lawyer fighting both the system and the law in a medical malpractice suit. This1,146 words
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INTERNATIONAL STOCKS
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207 1986-01-24 10 Reuter STOCKBROKING FIRM W Greenwell has lowered its 1965 and 1986 profit forecasts for Standard Chartered PLC. The move is in view of the bank's exposure to Singapore, South Africa, tin and shipping in Hongkong. A substantial portion of earnings is linked to the US dollarReuter - 207 words
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151 1986-01-24 10 Reuter BTR PLC and Allianz AG have reached agreement on the sale of BTR subsidiary Comhill Insurance Ltd to Allianz for £305 million cash. According to a joint statement said, the consideration will be payable on completion of the sale when necessary approvalsReuter - 151 words
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Article116 1986-01-24 10 Reuter INCOME from Australian businessman Rupert Murdoch's News Corp and News America Holdings would have fallen short of their obligation to guarantee dividend payments on the preferred stock Mr Murdoch plans to issue to finance the planned purchase of seven television stations had the purchase taken place lastReuter - 116 words
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335 1986-01-24 10 Reuter THE NEW YORK stock market on Wednesday skidded lower in active trading, as technology issues joined oil and banking shares in a sharp retreat. "The market is in a short term decline with a lot of stocks for sale," said Brian FernandezReuter - 335 words
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Article114 1986-01-24 10 JAM 22 Abtffa a 16* Hud Bay Mn *np OI hco 46 18* -vt 41 20* 20 unch 17* 22 31 -1* 2* Bank Nova Scotia 12* 37* ■1* Mc BkxM 24* 19* BP Can Ltd 30 unch 26 36* 40* •1* 15* 17* 4* Carina OY««t« 12* inch114 words
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Article204 1986-01-24 10 IAN 22 M Uhmc Wookurorth 1250 inch MOUSTKMU MMNGS A Afeha 1050 unch 4235 -40 AE And Q 950 20 10 uich Angtvaal *****6 +100 1680 -20 JSKT P 3900 Buffafe Chortar 8475 810 25 unch Cora Gold 2000 75 unch Cora Mirch 1275 25 0* Baar» 1790 -10204 words
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Article662 1986-01-24 10 JAN 22 US$ AJcan Alumn Afcoa Lud AMmd Cham Cp AM Stora* AbOtobnan Am Brandt he Am Broodcatt Am Can Co Am Cyananad Am Elac Pwr Am Expras* Am Horn* Prod Am Motor* Cp Am Notiral Got Am Tai Tal Amax he Amarodo Ha*» AMF he Amr Corp662 words
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Article885 1986-01-24 10 Amsterdam JAM 22 Fh ABN 587 00 -8 Aagon 113.70 -J.6 Ahotd 83 40 -0 6 165 40 -2 4 AMEV 90 80 -0 9 Am ten 113 80 -2 2 Bwfcd 3990 -1.3 Bob 572 00 -3 5 Botkoh Biv Tat 141 50 +2 C aland 537885 words
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Page 10 Advertisements
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Advertisement531 1986-01-24 10 m id i Is ifip (JU4h B**4S f unkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50 +f A¥ FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street. Singapore 0105 Tel531 words
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Advertisement154 1986-01-24 10 \/~}=}&=/|+?"}/['`|&,<}!"(|@\.^ I* > FENG CHENG LOU TEOCHEW SEAFOOD RESDMJRATfT The best Teochew delicacies, dian-xin and seafood dishes in town. Discover mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while A you dine in Oriental splendour. Open daily from: 11.00 am 3.00pm for lunch and 6.00pm 11 00pm154 words
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ASIAN STOCKS
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Article356 1986-01-24 11 HONGKONG: Share prices yesterday recovered sharply on active buying, aided by a better than expected Bank of East Asia annual profit growth. The bank reported a 16.2 per cent rise in its 1965 profits against expectations of 10 to 15 per cent growth. But the stock eased 20 HK356 words
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Article240 1986-01-24 11 JAN 23 Al Swear* Indui MT 2 16 25 40 -003 +0 5 Nan Ya Plas Pocitic Cons Pacific Elect Wire 31 90 18 30 14 20 0 4 03 0 15 30 20 0 3 071 0 02 44 00 02 Share 14 85 02 21 30 0240 words
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Article383 1986-01-24 11 TOKYO: Share prices yesterday dipped in moderate trading as in- vestors were unable to assess the immediate significance of the downward revision for the US GNP in the fourth quarter to 2.4 per cent. The market average slipped 34.38 to 12,888.94 after rising 41.82 on Wednesday. Turnover was 270383 words
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Article65 1986-01-24 11 JAN 23 Oriental B 0013 unch I Pt*le* B ***** unch Acop Mnng Ptcoo R Anq(o Ptnl 0001 unch Apex Mmmg B 0009 -0 00) urwji Arto» Coo 6 Boguo Go4d 0 001 unch Bosk Petroleum 0003 unch Son Miguel 8 1850 0.5 Benouet Coo B 106 unch o65 words
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Article416 1986-01-24 11 SYDNEY: Share markets yesterday closed easier following lower overseas markets and profit-taking in leading stocks. At the close of trading, the All Ordinaries Index had fallen 9.3 points to 1059.8, the All Industrials 5.2 to 1565.1 and the All Resources 12.0 to 669.7. The Gold Index dropped 14.1 to416 words
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Article101 1986-01-24 11 JAN 23 Won HyurxJoi Com! 1043 -4 Bonk Seoul 685 20 Hyundai Motor KAL 1755 A? 1 -65 Choheung Bk Commerool Bk 640 700 +5 8 Koreo Fnt Vukong OJ I 700 1641 21 67 -69 Doebm Ind Daewoo Corp Doewoo Ind Dong Ah 4o J 477 802 460101 words
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Article132 1986-01-24 11 BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.83 to 137.66. Turnover amounted to 220,744 shares valued at 25.8 million baht. JAN 23 Aokhom Thai iofcti Stam Ctuen S«am City Cement 67 440 3 2 Ayuthaya Inv 147 23 75 206 119 249 163 2 unch inch unch132 words
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Article52 1986-01-24 11 Reuter STATE-OWNED Taiwan Power Co, Taipower, has issued NT$3OO million worth of 10-day commercial paper at 1.14 per cent annualised interest rate to meet its short-term financing needs. A Taipower spokesman said the paper would be sold to Taiwanese and foreign buyers through three Taiwanese bill financeReuter - 52 words
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292 1986-01-24 11 Reuter THE IMPENDING deregulation of the airline industry in Tokyo has boosted airline company shares on the Tokyo Stock Exchange, but analysts believe the euphoria is overdone. Investors are gambling that deregulation will bring benefits to the airlines rather than the savageReuter - 292 words
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147 1986-01-24 11 UPI ALL NIPPON AIRWAYS (ANA), Japan's largest domestic airline, plans to purchase from 10 to 20 short-range jetliners, worth a total of US$4OO million to $800 million, by 1989. A spokesman for the airline said an expert committee headed by vice-pres-ident AkioUPI - 147 words
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Page 11 Advertisements
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Advertisement653 1986-01-24 11 TEPPAN YAKI Succulent Steak and Seafood prepared right before you at the way you like them. <1 JZ T Try our Japanese Set Lunch/Dinner. Prices are affordable created to suit local taste Our chef has created several Sushi Sets for local taste buds (Available only at Parkway). Hill-Top Japanese Restaurant653 words
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Advertisement116 1986-01-24 11 M Savoury Delights Await You At &uMfN~Gomar M Hong Kong Diah Xih available during lunch! For reservations call 235 2698 or 734 6622 ext 141/144 Loach: 11am-3pm Dinner 6pm- 11pm +AiaKMlli_ 19 Caimhill Cirde Singapore 0922 TH 734 6622 CAffiMHtu wrav-^x ORCHARD ROAD Ample Free Parking and Valet Service Ontside116 words
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SHARE INFORMATION
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Article, Illustration4177 1986-01-24 12 A LATE BOUT of selling pared much of the day's gains but share prices still managed to close marginally higher yesterday with gainers leading losers by 79 to 55. Bargain hunters who were picking up selected stocks in the morning were rather hesitant4,177 words
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Article255 1986-01-24 12 SINGAPORE Rises C K Tang 145 fcat« Untonf 510 MTP 260 Sin Lm Fmnca 140 Gwl»H)l 418 Sm VW* 154 TDM 148 0 C C 685 loM 177 MmEm 50r 125 Mm 436 Falls N S T 565 H Laong Fin 205 TrMoti Mm 328 Hmm M255 words
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Article3188 1986-01-24 12 BID and offer price* 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"3,188 words
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Article100 1986-01-24 12 HONGKONG Wednesday 1570.4* Week ago 1555 4 Hang Seng Index Thursday 1762.29 Wednesday 1737 94 NEW YORK Week ago 1797.22 Daw Janes Wednesday 1502.29 TOKYO Tuesday 1514 45 Week ago 1527.29 Nikkei Average Thursday ***** 94 Wednesday *****.32 Stondard Poors Week ago *****.13 Wednesday 203.49 Tuesday 205.79 TSE100 words
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Page 12 Advertisements
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Advertisement9 1986-01-24 12 KL morkot report, Businossdono on tho KLBE, Pago 139 words
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COMPANY NEWS
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350 1986-01-24 13 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI TONGKAH HOLDINGS Bhd has called off plans to raise Ms3B million through a three-for-two rights issue, barely three months after making the proposal. Also off is its plan to give shareholders a one-for-one bonus issue. The company disclosed that both these350 words
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Article203 1986-01-24 13 SHARE PRICES on the Kuala Lumpur stock market recovered from the heavy selling on Wednesday and closed on a slightly steadier note yesterday. Most stocks managed to put on small gains. But trading was quiet. The market opened on a firm note and share prices edged up marginally203 words
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Article2633 1986-01-24 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. MDUSTMALS Ajinomoto (2.705) A Choc (I 898 2.005) AMD (32,633 words
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146 1986-01-24 13 Reuter CHINA INTERNATIONAL Trust and Investment Corp, Citic, has appointed CCIC Finance Ltd and China Investment and Finance Ltd as financial advisers for its planned purchase of a majority stake in Ka Wah Bank Ltd. The Chinese state agency didReuter - 146 words
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Article422 1986-01-24 13 ALAN LEE - By ALAN LEE PROMET BHD has decided to pull out of an oil exploration project in Sarawak after hitting three dry wells and investing more than Msl9 million. The company has a 20 per cent stake in the project acquired from Societe Nationale Elf Aquitaine422 words
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Article234 1986-01-24 13 INTRA CO Ltd has appointed Mr Chin Teck Huat as the company's chief executive officer to take effect on Feb 24, 1986. Mr Chin, who is currently the director and general manager of Cold Storage Singapore, will replace Mr S Chandra Das, who had earlier resigned234 words
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LATEST RESULTS
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108 1986-01-24 13 Group pre-tax profits ((x* the year ended Sep 30, 1965 fell to MJ3.95 million (from $4-66 million) on turnover of $20.43 million (from $23.31 million). Group profits after tax and minority interests amounted to $2.28 million (from $2.57 million). Stated net earnings per share108 words
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Article827 1986-01-24 13 THE MARKET opened mostly lower yesterday as the uncertainty over a rise in UK base rates continued. Brokers said that fears of an increase in interest rates were further reinforced by easier spot crude oil prices and the weakness of sterling on the foreign exchanges. At 10.45 am,827 words
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Article252 1986-01-24 13 Managers' prices MARA-Bumiputra for Jon 24 Fest B'putro 4.42 447 Singapore Unit Trust Second 8'putro Th*d B'putro Fourth B'putro 4 15 342 4.20 347 The Commerce 0 89 0.94 369 374 The Savings Fund 0 77 0 82 Fifth B'putro 2 36 2 41 S'pore Prog Fund 0252 words
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Page 13 Advertisements
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Advertisement230 1986-01-24 13 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 185) AND IN THE MATTER OF SHELL SINGAPORE ALKOXIDE PRODUCTS (PTE) LIMITED (In Members voluntary winding-up) NOTICE IS HEREBY GIVEN pursuant to 5.306 of the Companies Act (Cap. 185) that the Final General Meeting of the Members of SHELL SINGAPORE ALKOXIDE230 words
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Advertisement217 1986-01-24 13 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 185) AND IN THE MATTER OF SHELL CHEMICALS CO. OF SOUTH EAST ASIA (PTE)LIMITED (In Members voluntary winding-up) NOTICE IS HEREBY GIVEN pursuant to 5.306 of the Companies Act (Cap. 185) that the Final General Meeting of the Members of SHELL CHEMICALS217 words
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Advertisement226 1986-01-24 13 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 185) AND IN THE MATTER OF DEVELOPMENT HOLDINGS (PTE) LIMITED (In Members voluntary winding-up) NOTICE IS HEREBY GIVEN pursuant to 5.308 of the Companies Act (Cap. 185) that the Final General Meeting of the Members of DEVELOPMENT HOLDINGS (PTE) LIMITED will be226 words
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Advertisement228 1986-01-24 13 NOTICES THE COMPANIES ACT, CAP. 181 Zm N I Hi, f, V H H L SOUTHERN TERMINAL CO. PTE. LTD. (Member*' VduUry FINAL MEETING NOTICE Is hereby given. In pursuance of Section 308 of the Companies Act, Cap. 185, that the FINAL GENERAL MEETING of the members of the above-named228 words
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Advertisement412 1986-01-24 13 IN THE MATTES OF THE COMPANIES ACT, CHAPTER 1M AND IN THE MATTER OP FURTEC TRADING (PTE.) LTD (la Member** Vsiaatary LtasMaOsa) NOTICE OP RESOLUTIONS NOTICE IS HEREBY GIVEN that at an extra-ordi-nary general meeting of members of Furtec Trading (Pte) Ltd duly convened and held at No. 279 (Ist412 words
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Advertisement414 1986-01-24 13 IN THE MATTES OP THE COMPANIES ACT, CHAPTER Itt AND icfc i jf y 'CK RADIO TRADING PTE. LTD. (la Member*' VeluUry UnMaUta) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN that at an extra-ordinary general meeting of members of RAIKO TRADING PTE. LTD. duly convened and held at No. 279414 words
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The Fiscal and Financial Policy Sub – Committee report
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195 1986-01-24 14 CORPORATE and partnership laws are "stringent and harsh" and deter entrepreneurs from holding directorships and taking risks. The Fiscal and Financial Policy Sub-Committee has recommended that the existing law be relaxed around the philosophy of what it termed "ZeroBase Regulation". Specific recommendations included:195 words
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476 1986-01-24 14 BRIAN GOMEZ - By BRIAN GOMEZ ANTICIPATED budget deficits in the next two to three years can be offset with special dividends from the accumulated reserves of statutory boards, according to the Fiscal and Financial Policy Sub-Committee. In recommending broadranging tax cuts, the study group476 words
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403 1986-01-24 14 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent A FOUR-PRONGED tax strategy to enable Singapore to "take a leap into knowledge-intensive and creative-intensive industries and services" has been put forward by the fiscal and financial policy sub-committee. Mr Keith Tay, the chairman of the403 words
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Article58 1986-01-24 14 YESTERDAY'S BT report on a local company helping to tie up a $21.2 million contract for the supply of power generation plants to China stated, incorrectly, that the company acting as middleman was Merchant Trading Pte Ltd. The local company's name should have been Merchandise58 words
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193 1986-01-24 14 AFP JAPANESE Prime Minister Yasuhiro Nakasone indicated in an interview published yesterday that he is pursuing a fundamental restructuring of Japan's export-oriented economy with the aim of finding long-term solutions to his country's trade disputes. In an interview with the Washington Post, Mr Nakasone saidAFP - 193 words
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Article, Illustration401 1986-01-24 14 THE US will not be leaving the Clark Air Base and Subic Bay Naval Base in spite of rumours that it is looking for alternative sites, according to the commander-in-chief of the US Pacific fleet yesterday. Admiral J A Lyons Jr said he could401 words
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257 1986-01-24 14 UPI MAJOR TRADING nations yesterday agreed on a schedule of meetings to prepare for a new round of global trade liberalisation talks. A programme to draft an agenda for the talks was fixed by delegates from the 90 countries belonging to the GeneralUPI - 257 words
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90 1986-01-24 14 Reuter THAILAND yesterday denied a statement by a Thai officer that it planned to hold war games with the US near Cambodia. The officer's statement about the location of Exercise Cobra Gold 1986 sparked a warning by Vietnam's official Nhan Dan newspaper yesterday of "unfore-Reuter - 90 words
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Article53 1986-01-24 14 Reuter THE NEW YORK stock market's slump continued for a fourth day yesterday, with prices moving lower in active trading. The Dow Jones Industrial Average was off three points to 1499. Declines led advances by a three-two margin. Reuter The Centex g*M mad silver reports were >•!Reuter - 53 words
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LATE FILE
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Article48 1986-01-24 14 Reuter OIL PRICES could fall below US$l5 a barrel unless all Opec and non-Opec states cooperate. Saudi Oil Minister Ahmed Zaki Yamani said yesterday that an agreement by all producers was needed, including "above all the United Kingdom which has been steadily increasing production". ReuterReuter - 48 words
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Article30 1986-01-24 14 AFP ABOUT 100 Vietnamese nuclear scientists and engineers are working or being trained in the Soviet Union, the Vietnamese news agency AVI said yesterday. AFPAFP - 30 words
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Article52 1986-01-24 14 AP BEIJING has extended by five years a tax incentive for foreign investors that was to have expired at the end of 1985. The measure allows foreign businesses to pay 10 per cent income tax half the standard rate on interest earned from loans to ChineseAP - 52 words
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Article35 1986-01-24 14 Reuter INDONESIA yesterday agreed in principle to allow all foreign airlines to fly direct to Bali in a bid to boost tourism, Transport Minister Roesmin Nurjadin said yesterday. ReuterReuter - 35 words
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Article43 1986-01-24 14 AFP THE EEC has decided to increase anti-dumping duties against exports of electronic typewriters by two Japanese companies held to be exporting to the EEC at artificially low prices. The companies are Silver Seiko and Tokyo Electric Co. AFPAFP - 43 words
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40 1986-01-24 14 AP HELPED by rebounding exports, South Korea will be able to achieve a balance, if not a surplus, in its current account of international payments this year, Deputy Prime Minister Kim MahnJe said yesterday. APAP - 40 words
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Page 14 Advertisements
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Advertisement453 1986-01-24 14 A EXPATRIATE COMMENTS ABOUT ARDMORE PARK NO 2 'It's a holiday camp atmosphere. We made friends the first weekend..., around the pool In our previous apartment we lived three years and didn't meet the neighbours Here our new found friends, all expat families, made us feel at home as soon453 words
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Advertisement222 1986-01-24 14 .ti mil i y r 4^ AEG THE NAME THAT'S BUILT TO LAST 12 years ago, Mr Mrs Cheong bought an AEG Washing Machine. During those years, all it needed was a change of only a rubber gasket. If you've got a better value-for-money story, wed like l_ Thi s222 words
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Page 14 Miscellaneous
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Miscellaneous59 1986-01-24 14 vEiMm Outlook for today: Fair except for showers over a few areas in the late afternoon. Report for 24 hours prior to 7 30pm on Jan 23 at th« airport: Maximum temperature 29.8 Associated humidity 69 Minimum temperature 23.1' Associated humidity 92 Hours of sunshine 4.65 Rainfoll in millimetres nil59 words
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SHIPPING TIMES
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Article, Illustration403 1986-01-24 15 G DURAIRAJ - By G DURAIRAJ A CONSORTIUM comprising Kontena Nasional in partnership with P and O of Australia and two state foundations in Johore is expected to manage the container terminal at Johore Port. It is understood that a decision has been made in favour of the403 words
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317 1986-01-24 15 Reuter EVERGREEN LINE of Taiwan has written a letter quitting the Asia North America East Bound Rate Agreement, effective March 22, a spokesman of Lida Shipping Co Ltd, agent for Evergreen in Hongkong, said. Chairman for Anera, Dougald Dick, confirmed receiving the letter ofReuter - 317 words
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Article135 1986-01-24 15 Kingsley Wood - By Kingsley Wood BHP COMPANY has fixed contracts with the Japanese NYK Line to carry 400,000 tonnes of limestone from Japan to Australian and lift a similar cargo of BHP coal to Karachi on the homebound leg. The contracts, reportedly worth US$5 million to NYK,135 words
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PORTSIDES
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Article89 1986-01-24 15 Reuter THE CONFERENCES covering the trade between Europe/India, Pakistan and Bangladesh said the currency adjustment factor (CAF) for UK westbound and UK eastbound is altered to minus 22.50 per cent from minus 20.50 per cent. Taking into account the UK eastbound adjustment factor, this CAF becomes minusReuter - 89 words
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Article109 1986-01-24 15 THE SECOND phase of a £1 million container terminal development at the north-eastern UK port of Goole was opened. Associated British Port chairman Mr Keith Stuart said the £600,000 extension to the Boothferry Container Terminal was needed because of the "explosion" in container traffic through the port.109 words
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Article1189 1986-01-24 16 A SHARP downturn in the US Gulf-Venezuela grain bulker rate highlighted otherwise lackluster business on the London shipping freights market on Wednesday. Alliance found an unspecified prompt loader willing to accept US$B.5O (fio), showing a drop of more than $2 per ton from previous nominal quotations on the1,189 words
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555 1986-01-24 16 ALTHOUGH THE transportation of new road vehicles is a sector of the shipping industry at present relatively free of the chronic overcapacity that besets most of the other trades, the World Ships on Order shows there to be some 39 pure vehicle555 words
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354 1986-01-24 16 UPI THE COST OF 105 contracts for ship overhauls at private shipyards leaped US$562 million between the time the US Navy awarded the contracts and completion of the work, a Congressional agency said in a report. But the navy awardedUPI - 354 words
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Article, Illustration186 1986-01-24 16 THE WORLD'S first deepwater oil production and testing system (PTS), is being constructed by NKK (Nippon Kokan KK) at its Tsurumi Works in Japan. NKK, Japan's second largest steelmaker and a major engineering and construction, shipbuilding and new materials company, obtained the order186 words
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Article831 1986-01-24 16 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 5 Atlas Lines X 4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bait-Canada Line831 words
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170 1986-01-24 16 AFP JAPANESE Interests have chartered at least three very large crude carriers (VLCCs) since the beginning of the week to take delivery of North Sea oil, and are looking for several more, London maritime sources said. Each vessel of this size can importAFP - 170 words
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199 1986-01-24 17 Reuter A CHINESE COURT and a British insurance firm are negotiating the release of a Japanese merchant ship seized after it damaged a dock in southern China, a spokesman for the ship's operator said. He said the two sides were discussing compensation guarantees inReuter - 199 words
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295 1986-01-24 17 Kingsley Wood - -By Kingsley Wood AFTER A LONG period of Inactivity Australian shipowners have contracts with three Japanese and two Korean yards for (our bulkcarriers and (our tankers with seven of the ships to be delivered by October. The contracts were signed late 1964 and early295 words
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198 1986-01-24 17 Reuter ITALY'S financially troubled Lauro fleet will hand over its remaining seven vessels, including the flagship Achille Lauro hi lacked by Palestinian commandos last October, in an agreement between the firm's court-appointed liquidator and a private consortium. An industry ministry spokeswoman said the fleet,Reuter - 198 words
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Article688 1986-01-24 17 Jan 28-29 Arab Shipping Industries and Banking: conference at Sheraton Hotel, Kuwait, organised by Arab Bankers' Association in cooperation with International Centre for Shipping and Shipping Finance, City University, London, and sponsored by Kuwait Chamber of Commerce and Industry. Jan 27-29 1986 Asian Inspection Repair k Maintenance Conference688 words
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Article188 1986-01-24 17 THE MAJOR shipping consortia operating between the Far East European, 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. Australia /Straits188 words
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Article122 1986-01-24 17 UPI TWO PERUVIAN men pulled from the ocean four days ago claiming they were sailors who jumped from a freighter admitted they were really stowaways from the same ship that rescued them, officials said. The men's story unravelled when immigration agents found a third manUPI - 122 words
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Article4396 1986-01-24 19 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 a4,396 words
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Article719 1986-01-24 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Hammurabi 18 24 1 86 1800 Sealord F7 0830-1000 U4 E Grand 006RE 25.1.86 0700 G Asia F1 1530-1630/2200-2300 P3 Plata 29S 25.1.86 0700 Borneo F1 1830-2000719 words
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Article465 1986-01-24 23 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Beloit K25W SSPL alongside Builder 3 K23 Thong Soon alongside Funiushan K18 Y Fung alongside Htoneywa K20 Boustead alongside TransFprd K9 Barber alongside Berfcn/P Kll Trans-Or 24.1/1700 Equator 5 K22 Thong Soon 24.1 /0700 G-Selatan 5 K19 Ocean465 words
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Page 15 Advertisements
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Advertisement732 1986-01-24 15 Concise Comprehensive Contemporary Available al all good bookshops and newsagents 1 Kill tl HIS I »1 !>< I) k 1 i< i] 5; u v OOCL OKjENT OVEIQEAS CotUaimX LINE STRAITS FUROPF F<PRFSS SF'VICf •OHNTU. OCT 47* 29/1 KOREA MCEJM 32* 5/2 KPTVK CUTS!AL 33* 12/2 KOKAN CHMH 25* 19/2732 words
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Advertisement68 1986-01-24 15 [CMDB EAGERNESS BY operators from less prosperous trades to jump on the vehicles bond wagon has steered the pure car and truck carriers into an inevitable overtonnaging situation. Pag« II AFTER A LONG period of inoctivity Australian shipowners have contracts with three Japanese and two Korean yards. Pag« 111 Index68 words
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Advertisement594 1986-01-24 15 In Search of EXCELLENCE 11/*4»v/ \nu Im\-1 Kim t i l\l r* This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense •OT3FTS MAERSK LINE CT 27/1 2300 MS crs 27/1 0700 ms MAERSK SERVES THREE594 words
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Page 16 Advertisements
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Advertisement281 1986-01-24 16 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Feeder Vsl HIS ACE FUMY »Ct GLORY ACE MARIA Pacific South Waat Feeder at Tokyo Mother VSI LA/LB OAK S KASHU M 1/3 4/ P ARROW 8/3 11/ BEBHU M 15/3 11/ 1 APOUO 22/3 25/ Pacific North Wast Feeder at Kobe Mother281 words
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Advertisement272 1986-01-24 16 Supercarrier Service IV 1 T n ran 8 TMT> N ROSARK) BARBER TIMS NEXT ARRIVALS N ROSARIO 27/1 BARKR PIRSfUS 27/1. 8 HCCTOR 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BAMCR rataus BARBfR ICCTOR Mu acceptrg contrs lor Houston (MJ), S Francao Oakland Sloe*lor and Son ftefo272 words
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Page 17 Advertisements
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Advertisement939 1986-01-24 17 r A The Straits Steamship Group occ Mansfield Container Shipping Pte Ltd Overseas Containers Limited rCONTAINERSHIP SERVICE TO UK/CONTINENT OENAVON KOWIOONBAT an or bmkm fimvfwt ewress TOM) EffWSS kamakur* mamj iNtxroa. mt Spore S'lon 20/1 29/1 17/2 05/2 07/2 24/2 11/2 12/2 #2/3 22/2 24/2 13/3 M/ 3 K/3 25/3939 words
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Advertisement633 1986-01-24 17 Franco Belgian Services it i r A .#*f i r i'nt h \rr i»-4- t« it h fir .i trrn /.»r»« (MEMBER OF ACE CONSORTIUM) E3 hi iiil It 11m i> lliM i CHARGEURS HAVRAISE MEDEX LINE COWTOiO soma to MEWTDHWUm Spor« rtau M'loSn taw Tnrtto NMATA HMO 27 la633 words
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Page 18 Advertisements
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Advertisement872 1986-01-24 18 u TO CONTINENT/UK EXPORTS On carruie to Scandravia, Med, Carribean tS. America Inland ha<ia(e to inland destinations in Europe Spore PKHanfPenint Lnio«BAio Genoa Hburj Adam Bhartn A'«rp Ai MubaiakiaA 8/2 10/2 12/2 1/3 19/3 IS/J 12/3 IBN Touus 10/2 14/3 H/3 7/3 Soptw Rickmcrs 1/3 10/3 12/3 6/4 l«/« 11/4872 words
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Advertisement659 1986-01-24 18 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** [.ASTERN CAR I INI R. 1 1 1). Specialist in RO/RO Servic Accepting heavy-ifts upto 80 K/Tons Sailings from Japan VHMI TtONO <33 SRI MATSITTUM ¥40 NUNC! MMU NO I ¥73 SEKI MCOTI ¥37 St*659 words
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Advertisement411 1986-01-24 18 r EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTOR CARGO TO: 1) PROVOENCf NWARK SAVMMAH BOSTON PMLAOELPNA NORFOLK MCKSONMLLE MMMGTON BERMUDA ETC 2) ATI ANT A CMC AGO DETROIT COLUMBUS t OTMR MAJOR MCROBRDGE DESTOIATIONS 3) CRISTOBAL. BALBOA PANAMA CITY. COLON SAN MAN SANTO DOMMGO NEW ORLEANS411 words
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Advertisement236 1986-01-24 18 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES S«(*Mrt Loadtae Mr RAN EJTIHAD hi f«t B. ABBAS RAN MEYSAM «/2 4» KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKrtMC Ltt*|hr KYOWA COSMOS h Port Lae, Jaya. P. Moresby, Honiara, Kieta. Rabail236 words
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Page 19 Advertisements
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Advertisement316 1986-01-24 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 CnOMU SIM 31 tm 12 Frt 14 Fob ESPERANCE MY IS316 words
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Advertisement158 1986-01-24 19 THONG SOON QKSSL AGENCIES PTE. LTD. #09-07, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT i. i u. hi SINGAPORE TO BRUNEI CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service158 words
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Advertisement800 1986-01-24 19 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Osaka Biy Kasufa Maru Benaton Kowtoon Bay City *1 Frank h*t Eiprn* lokM Eipresi Kamakwa kbru lnreipo«l Bay EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NAM BTUVENRDAM HA WE STOW IP KEIANG STORE FOR Benaw SaM SjM SaOrt bM bM 29/1 Honjton, fipre» Saied800 words
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Advertisement685 1986-01-24 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAJAPAHT V?MC 25/1 30 1 TMAHA BMUM ¥01« 28/186 30/1,86 NMJM V SBI 25 1 K 31/1/ M THAAA ftHUM 015 4'2/86 6 2 K HDU*A Y S8 2 5/2/86 7/2/« EXPRESS SEMI-CONTAINER SERVICE TO EUROPE WEST BOUND STOW685 words
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Advertisement400 1986-01-24 19 BOUSTEAD SHIPPING AGENCIES Htoneywa V2O7H Pa-an V9OW Mamlamyant V3OW Htoneywa V2OBW Phashwejyawywa BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.KeUnf Pen** S pore In Port/24 Jan 26/29 Jan 2S/29 Jan 9/11 Feb 11/12 Feb 23/24 Jan BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT SPORE R'DAM400 words
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Page 20 Advertisements
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Advertisement1165 1986-01-24 20 USA CANADA ATLAHTICCOAST (Hound The World Service) K LINE KAWASAKI KISEN KAISHA, LTD. ORENTAL MMSTER V 23 OMENTAL EXPLORER V 39 ORENTAL KNKjHT V 25 NEPTUNE CORAL V 3 PACIFIC COAST (lim- lading DESTINATIONS INLAND vU IPI MICROS RIDGE A MINILAND BRIDGE) FEEDER, MOTTO VESSEL KOREAN CHANCE V24E ASIA MARU1,165 words
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Advertisement661 1986-01-24 20 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Feeder P«H*| 1 mer Vessel Spoil MHO fr«n S»dr> Aho Accepts CALABAR 24 Jan RAVDAS 10 frt 25 Feb iIU tlb Add Bm AW«A 7 Frt CHAMMMS 19 Frt Mar 15 Mj> 13 Mar Adel Bra CAIA3AR 21 Fet> KABKOAS 15 Mar 30661 words
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Advertisement587 1986-01-24 20 GOLDEN LINE GUAN GUM SHIPPING (PTE) LTD 23. Tefc* A»er Street SINGAPORE 0104 TEL *****U (10 LRCS) STRAITS/PERSIAN GULF SERVICE: S pore P Keiang Pefiang GOIDEN HM Colombo Karachi Dubai Kimait Nrt GOLOfN RKMKR Colombo Karachi Oubai Bahrain 11/17 Feb CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC Of587 words
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Advertisement617 1986-01-24 20 INTRASEA (PTE) LTD 10 Anson Road *27 16 International Pla/a Singapore 0207 Tel *****1 1 (10 Lines) o BREAKBULK SERVICE TO EUROPE/UK Sparc SOUTHERN PACfIC *****21 Sjfcd ANANGEL PEACE 8M5923 In Port P. Kelanf loadnf lor: Sato) ROT/ANT/UK (AVON) 27/1 ROT/ANT/UK (AVON) S«cip»r MTIASEA (PTE) lID BOOKMG ??«CSII K Lianpu617 words
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Page 21 Advertisements
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Advertisement851 1986-01-24 21 -'Y>. NOL NEPTUNE ORIENT LINES LTD Agents Spa? NEPTUNE AGENCIS PTE LTD let No othce Ternwal CFS BOOKINCS 27*9977 FE FU,AUST TP* SE* *****77 *****22 *****53 OR «WC! IMS *****53 *****4? I Bihru HARPER WRA SON BHD *****0 P Keiang HARPER mk SON BHD *****1 3*624* Plata HARPER WRA SON851 words
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Advertisement570 1986-01-24 21 Vrnd No 7 f Krtjnf Pen* 7/2 15/2 22/2 J/3 21/2 13/J 2«/3 24/3 601N SO IN so?* /WIN SO?* /torn /M2H fttiei Vsl I Sc*4r«i 46 I Smdcw'M Mother »«wl I »|iflu 9* I Snw 16" Hadrn 5/2 15/2 inul Ma M 5K Kithcrm SI/5W Vnx4 Sport I SmuVi570 words
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Advertisement643 1986-01-24 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 PENANG M/S SHARK AT NAM SOON SON BM) IST ANO 2NO FLOOR KSSRS HAI THONG SWUNG 127643 words
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Advertisement98 1986-01-24 21 K&S LINE JAPAN STRAITS SERVICE GEIOAI SURVEY SANKYO LINE (S) PTE. LTD. 37. SomcrMt Ro*d. #06-01 Ng Ttow Yh*« Bldg S'por® 0923 T«l: 235 8444 (4 lln*«). Pwl Kelanj Tiga P*\a St*ppmf Sdn Bhd lei 03-*****4 S Penang Malaysia Trade Transport ltd Tel 04 *****3 Pas* Gudang Malaysian Shipping Agencies98 words
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Page 22 Advertisements
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Advertisement613 1986-01-24 22 Ki'||iMMl Container l-iiws COMPAGNIE MAL AG ACHE DE NAVIGATION (Madagascar National Shipping Line) HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I'i i.l*l ISID H( AVY [If KRS AVftll ABII S'pore Loadinf for: SUMffOSH MARU 16/18 Feb Doha/Bafr»n KASUGA MARU 20/22 Feb Saialah/Dubai DSR-LIIME VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER613 words
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Advertisement71 1986-01-24 22 7FARCO SHIPPING COMPANY (PTE) L TO EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 VVfEKIY *fc»pbnf both FCI and LCI: *ICI Carcoes pacfctd at private CFS MonFri 9am 5 30pm Saturday 9am 12 30pm cid. Sun t Pub tab. WEEKLY SERVICE TO HONGKONG. KEELUNG, KAOHSUNG ft MPfM ETA Spore Loadbif for: 28/1, 8/2,71 words
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Page 22 Miscellaneous
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Miscellaneous161 1986-01-24 22 Weather ~A I rk f A m v 35 L-i 5^ JL •vj.l SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm direction w.th speed m knots y Shower Ra,n Wove height Cloudy Sky Surfoce winds ore indicated by orrows which fly with the wind One fcHt161 words
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Page 23 Advertisements
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Advertisement107 1986-01-24 23 Wlllffl® K. LUMPUR P. KELANG POMNG P. GUDANG j. BAHARU *****88/*****56/*****48/*****93 *****1/4 TERMMAL *****1/ i *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 FAR EAST/EUROPE CONTAINER SERVICE FTf im FTTM ii 'i/'!'-Tfry 11 ifgyi 11 r iiwun FT! PMITBITW FTII HiT""!TTTM im ALSO ACCEPTMG FOR: ANTWERP. L. HARVt. UK. BREMEN. COPENHAGEN. OSLO ALSO ACCEPT* FROM107 words
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Advertisement59 1986-01-24 23 LIZENA PTE LTD T«l: *****67, *****68 T*l«i: R*****1 PROMPT SHIPPING LINE SA. kbulm kmmt ian snwa to unr wwcah ran ITA STOOf BALDER lUWGCHOW 1 F«b *bt»* DwjU Crfmu Ate** D*» KAPHA TATNG n HANKIANG CNM* *P» SDOAI M»m WEN CHAMQ SM»WNO A ENTERPRISES PTE LTD to ANSON ROAD 077-1%,59 words
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Advertisement327 1986-01-24 23 6LOBY NAVIGATION GBOUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATtS* rC. SELATAN n ¥-24 30/1 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON 1 REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM327 words
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Page 24 Advertisements
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Advertisement571 1986-01-24 24 n EXPRESS CONVENTIONAL SERVICE sMJ TO AND FROM UK/CONTMENT It MAN STOK PAD. AM PCNANG FOB. KMNKM Sd h Pwt 25/» Urn 10H HNL IK BMW. MCHM M/3# l» 25/27 31/2 F«to 3/1 F«k TO* MM MS. WRI, FROM EUROPE: PCMNC f. KUANS STOB MK FROM: utnau 25/27 l» 9d571 words
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Advertisement396 1986-01-24 24 P M LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vnsd EHPORI ran men«-N Self apart P*aba| tap 19/21 lan 25/26 POMEX mCII 4-1 taa 19/19 laa N/21 laa 22/23 fOMD YENTIIK 5-J tail 21/21 lan 27/27 Carp accapttd to Seaport Cargo wit accept »o Jopon Pom including heavy cargo (max 50 K/T)396 words
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Advertisement583 1986-01-24 24 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUU» CONUMRBED SERVICE 10 EUROPE (KM SUEZ! OMENTU CWF 47* KOMM lACEM »lUi CRYSTM 3JW KOMM CHANCE ftW S'p«. 25/1 5/2 11/2 15/2 LoHonrt (dam Fstove KW| fto» 17/2 U/2 21/2 22/2 23/2 24/2 25/2 27/2 1/3583 words
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Advertisement820 1986-01-24 24 II Everett Lutes COMPAWA PERUANA DE VAPOREES (CJ».V.) "PERUVIAN STATE LINE" load** toe Calao Matarani lo and a* ottef Pefunan ports with transtapment at Kofte On CPV Iluoufft Bdts ol Ladinf to hnal destination HUOCWMTT MANOLOEVERETT JOHMVERETT S«if apart 31/31 tw 10 11 Fth 23/25 F«fe MJGHEVIRETT MANOLOEVERETT JOMCVEKTT "EVERETT820 words
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Advertisement311 1986-01-24 24 Z I M >' j ;rr j; i■ a r c*foe» to USA East I Nctt Cant. Carri>6can£ast Cam* feeder m 22-2* 43* 73* S3* 113* Vl* 113* 713* 23 3 25 3* 212 113* 1.4* 34* 44* 21 3* 74* 114* 12.4* 144* 74* 174* 20 4* 214* 24311 words
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