The Business Times, 28 January 1986
1986-01-28
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The Business Times
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Title Section12 1986-01-28 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, JANUARY 28, 198€ 75 CENTS12 words
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444 1986-01-28 1 LUCY NG - By LUCY NG FIRST DEPUTY Prime Minister Goh Chok Tong yesterday gave firm indications that employers' Central Provident Fund contributions would be cut by at least 10 percentage-points. Mr Goh said employers' CPF contributions, which at the moment is 25 per444 words
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Article584 1986-01-28 1 FOO CHOY PENG - Why the sums went wrong BG Lee Committee pinpoints overbuilding as a major cause of recession By FOO CHOY PENG Chief Reporter A MIS-ALLOCATION of resources leading to excessive investment in the construction and property sector was a major cause of the recession, according to the Economic Committee. Admitting that584 words
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278 1986-01-28 1 THE GOVERNMENT will leave business to the private sector in the future. It will only move in when there are "very special reasons", said Brigadier General (Reservist) Lee Hsien Loong, Minister of State (Trade and Industry), yesterday when he presented the first part278 words
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384 1986-01-28 1 A SHAKEOUT appears inevitable in the commerce sector, says the Economic Committee in the first instalment of its final report released yesterday. "There is over-capacity in this sector and profits have been severely squeezed. Unless companies make determined efforts to restructure and upgrade, many may384 words
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Article, Illustration109 1986-01-28 1 SHARE PRICES closed on a mixed note 1b lethargic trading oa the Singapore stock market yesterday. Volume leader Singapore Airlines stole the limelight, finishing at its public offer price of %i for the first time since its market debut on Dee 18. The day's gain was six cents.109 words
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415 1986-01-28 1 SOH TIANG KENG - By SOH TIANG KENG AN INTENSIVE CARE UNIT to nurse ailing corporate clients back to health and a China division will be set up by the United Overseas Bank as part of its restructuring exercise. The restructuring, to consolidate415 words
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265 1986-01-28 1 A FALL OF 63 per cent to $96 million has been forecast for the Post Office Savings Bank's surplus in the 1966 financial year. This estimate, Published in the government gazette last Friday, compares with the forecast of $96.5 million for265 words
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Page 1 Advertisements
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Advertisement88 1986-01-28 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM PILOT Hi-Tecpoinf NEW Liquid System Transparent window lets you see how much ink you've used up. The jumbo ink tank-holds ink to write tor more than 2 kilometres, twice the mileage of ordinary pens. There is no drying up, even if the HiTecpoint V88 words
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Advertisement221 1986-01-28 1 ■BHBE SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV ft RADIO DOONESBURY BRISTOW OUR VIEW THE IMPENDING SHAKEOUT of the commerce sector is just what the economy needs. It will help bring about a new breed of Singapore entrepreneur who, armed with both modern management and marketing skills221 words
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Advertisement8 1986-01-28 1 Full report, Pays 13 Asian stocks, Page 118 words
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Advertisement180 1986-01-28 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Pan-El chairman resigns, Page 15 Introducing Hongkongßank's Statement Savings Account. t ..2 v>v<j& .a .ssss® With just this card, Ci saving is now easier than ever!\ Enjoy all the benefits of our Savings Account, without the necessity for a passbook! With just this card,180 words
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HOME NEWS
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440 1986-01-28 2 LUCY NG - By LUCY NG UK TRADING concern Cocoa Merchants is considering withdrawing its petition to wind up Allied Cocoa Industries now that another creditor has taken similar action to liquidate Allied. The second creditor, Lee Sian Teck Chartered Architects, initiated winding up440 words
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365 1986-01-28 2 LISA LEE - By LISA LEE ALL PROPERTY AGENTS may soon have to be licensed under a new valuers act once a proposal for new legislation is approved. A new valuers act was submitted in January by the Singapore Institute of Surveyors and Valuers365 words
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Article, Illustration379 1986-01-28 2 THIS NEW BOTTLE on the shelves is going to spawn a new line of beverages in the Singapore drink market, says its distributor. Bartles Jaymes wine cooler, a mixture of white wine and fruit juices now available at supermarkets and selected retail outlets,379 words
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310 1986-01-28 2 ABOUT 10,000 trade visitors from the Asian-Pacific region are expected to view the latest oil industry technology and equipment at the four-day 6th Offshore Southeast Asia conference and exhibition, which opens today. Show organisers said 657 companies from 23 countries are taking part310 words
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Article303 1986-01-28 2 Seminars and courses DURATION TITLE VENUE ORGANISER Feb 2 How to Start a Small Business RELC Auditorium Business and Industrial Management Pte Ltd Feb 4 QCC Top Management National National Course Productivity Board Productivity Board Feb 6-7 Data Communications Century Park Sheraton Center for Advanced Professional Education Feb 12-21303 words
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106 1986-01-28 3 THE NATIONAL Archives and Oral History Department is jointly organising an exhibition on the history of Singapore before its founding by Sir Stamford Raffles in 1819. The pictorial exhibition, called "Singapore Before Raffles", will display textual records from Chinese, Malay and European sources, maps106 words
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550 1986-01-28 3 BOEY KIT YIN - By BOEY KIT YIN STRONGER THAN EXPECTED demand for its products has encouraged Fairchild Singapore to raise its investment budget, set at $118 million two years ago. A further $3.2 million was spent recently on the purchase of a factory in Bedok, said its managing director,550 words
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523 1986-01-28 3 GOH YEE LING - By GOH YEE LING SINGAPORE has been put forward as a classic case of overbuilding by an American consultant to the hotel industry. "Singapore is the most overbuilt city in the world," said Mr Charles Bell, a former executive vice-president of Hilton International, who now523 words
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Article118 1986-01-28 3 SINGAPORE AIRLINES has enlisted the help of a hospital to help airline employees quit smoking. Medical staff of Youngberg Memorial Hospital yesterday started a "Quit Smoking Course" for SIA employees. The first of the series of five-day courses, from 4.45pm to 6.45pm, has more than118 words
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163 1986-01-28 3 THE LEVEL of government participation in business is another area the newly formed Business Enterprise Committee could look into, the president of the Singapore Indian Chamber of Commerce suggested yesterday. In a press statement, Mr G Ramachandhran said the committee's motto of "less163 words
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242 1986-01-28 3 A SINGAPOREAN has been appointed for the first time to head Fairchild's local operations. Fairchild Singapore, a subsidiary of one of the world's largest semiconductor companies, appointed Mr Tan Bock Seng as the managing director three weeks ago. Mr Tan, a former operations manager242 words
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Page 2 Advertisements
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Advertisement226 1986-01-28 2 Am s. m m h* Every flight t Ba A isaßoyal cas it a mat®.* md .inr i 5 V-:v: ft f m i r*T V <3 r v r .&h £r* r <••?.*- W -,2 f m If your flights to Bangkok have always been nothing more than two226 words
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Page 3 Advertisements
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Advertisement441 1986-01-28 3 Our table will help yours has art When you buy a desk, have you ever wondered just how much of a desk you're actually getting? Well, it may come as a mild surprise to you that what you see is not what you eventually get For chances are, the pinewood441 words
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BANKING AND FINANCE
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515 1986-01-28 4 DAVID GABRIEL - Sang Kancil is BT's financial futures trader. Each Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL SANG KANCIL made his largest single profit last515 words
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556 1986-01-28 4 Reuter BANKERS and officials from major Latin American countries are meeting in London against a backdrop of mounting concern that a fall in oil prices last week will severely limit the ability of many of these countries to service theirReuter - 556 words
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239 1986-01-28 4 Reuter PLUNGING oil prices spell good news on America's inflation front, but worries about quickening economic growth and the falling dollar are likely to produce a mood of caution on credit markets. American economists wrote in their weekend newsletters that any hopes that theReuter - 239 words
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446 1986-01-28 4 Reuter A RAPID transformation from sleepy farming backwater to thriving banking centre has brought prosperity to the Italian-speaking canton of Ticino, but with it an unwelcome role in the world of financial crime. In just thirty years, jobs in the financialReuter - 446 words
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Article82 1986-01-28 4 Reuter TAIWAN'S foreign currency reserves rose to a record US$23 billion as of Jan 27 compared with 116.5 billion at the end of December. A central bank spokesman attributed the increase to the bank's growing purchases of US dollars on the local interbank market in support ofReuter - 82 words
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Article48 1986-01-28 4 Reuter ALL FOREIGN exchange dealing in Uganda has been suspended following the takeover of the capital, Kampala, by National Resistance Army guerillas after two days of street fighting. NRA leader Yoweri Museveni, who announced the suspension on Radio Uganda, did not say when dealing would resume.Reuter - 48 words
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225 1986-01-28 4 SENIOR MANAGEMENT staff of the United Overseas Bank group will forgo salary increases this year as part of the bank's temporary wage restraint. Also, the group's middlemanagement staff and unionised workers have agreed to accept lower increments. An UOB spokesman said225 words
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Article110 1986-01-28 4 AFP THE PHILIPPINES and Japan yesterday finalised negotiations for the restructuring of some US$5OO million worth of Manila's debts with Japan. Philippine Finance Minister Cesar Virata and Japanese ambassador Tiyoshi Sumida signed an exchange of notes in Manila yesterday in line with a rescheduling of loans agreedAFP - 110 words
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MONEY AND EXCHANGES
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Article744 1986-01-28 4 SINGAPORE The US dollar closed lower yesterday against major currencies, except sterling, in moderately active trading. The dollar closed lower at 196.96/196.10 yen compared with New York's last Friday 196.90/197.06 close, but above a low 194.30. It closed weaker at 2.4020/30 marks compared with New York's Friday 2.4106/20744 words
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Article, Illustration321 1986-01-28 4 Asian market ASIAN DOLLAR deposit rates closed slightly lower yesterday compared with last Friday's levels, after a day of quiet trading. Overnight tU«ed at 7-15/16 7-13/1« per cent, down 1/16 point from Friday's level, week fixed at 8-1/16 7-15/16, down Vk. One to five months closed at a common BMi321 words
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Article112 1986-01-28 4 THE OVERNIGHT rate on the Singapore interbank money market rose by point from last Friday to end at per cent yesterday. The one, two and threemonth "erm rates fell by Vi point each. S$ Interbank rate* at 7pm yesterday: OH*f B«d Owefntght 4 1/2 4 3/8 1 -month112 words
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Article224 1986-01-28 4 Interbank rates at 3pm yesterday: CWTMCtM raioe nawnoiwn Odor «4m parity 1 Local dollar* to OM unit of foreign currency Md chjftgt US dolor Storing pound Austraban dolor NZ dolor ConadKm dolor 2 1245 ***** 1.5137 1.1312 I 5142 2 1255 2.9321 1 5165 1.1350 1.5160 3 4286224 words
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Article316 1986-01-28 4 BA Futures MARCH El tills r opened two ticks higher yesterday than CMC's dose at 92.09 and traded between 92.02 and 92.04 in the morning session. A softer interbank rates in the afternoon saw the March contract edging higher to 92.06 before closing at 92.04. Currency** futures upeuEd sharplyBA Futures - 316 words
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Article243 1986-01-28 4 HONGKONG: The metal closed firmer in fairly active trading yesterday, partly reflecting the weakness of the US dollar. It ended at U*****.00/364.00 an ounce compared with last Saturday's $357.00/75 close and the $357.40/90 finish in New York last Friday. On the local market, gold rose HK$4B to close at243 words
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Page 4 Advertisements
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Advertisement222 1986-01-28 4 Air India's EXECUTIVE CLASS Simply First Class n: Where Yo« Art TV Maharajah i 91 9j i'4t French better anywhere else? If you haven't dined at Le Gourmet, you've been missing out on a lot. Like our Le Somptueux Buffet Lunch. We let you pick your favourite starter and dessert,222 words
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Page 5 Advertisements
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Advertisement235 1986-01-28 5 Wake up in Bombay, Delhi or Abu Dhabi. fW f i m Mil fo. VI V Or sleep all night on SAS. Nearly all flights to Europe depart from Singapore about the same time in the evening. And nearly all of them arrive at the same time in the morning.235 words
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Page 6 Advertisements
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Advertisement302 1986-01-28 6 Tomorrow An event takes that will cha e face nature of the business world in ore. Tomorrow, the top decision makers from the public and private sectors, architects and design consultants, will be taking a couple of hours off. To see how systems planning can make a significant difference in302 words
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OVERSEAS
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353 1986-01-28 7 NYT THE MACHINE TOOL industry in the US, still waiting for a recovery, ended 1985 with a drop in new orders. Analysts say the outlook for this year is only modestly optimistic. Orders in December fell 9.3 per cent from November and 30.6NYT - 353 words
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150 1986-01-28 7 AFP LEADING INDUSTRIALISED countries are heading for a good rate of economic growth, with the exception of Japan and Britain. According to the January report of the US Conference Board published in New York yesterday, Australia led with a projected future growthAFP - 150 words
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Article, Illustration264 1986-01-28 7 AP PRESIDENT MARCOS has ordered all schools closed nationwide from today, 10 days before the Feb 7 presidential election, in an unusual move opponents said may be for some "sinister" purpose. A presidential palace announcement on Sunday said the suspension of classes "atAP - 264 words
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125 1986-01-28 7 AP AN UNDERSTANDING has been reached among Opec ministers to hold an emergency meeting next month to set a new production ceiling for the cartel at 18 million barrels a day. The Kuwait News Agency (Kuna) reported on Sunday that currentAP - 125 words
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Article831 1986-01-28 7 ARRIVALS Operator Servicc number Local time From PAA PA2I/5 0155 LAX/TYO/HKG CAL CI34I 0255 TPE CAL CI337 0255 TPE sv SV389 0445 JED/RUH MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH8II 0940 PEN SIA SQI03 1005 KUL831 words
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Article296 1986-01-28 7 NYT PLUMMETING oil prices suggest that the world may be crossing a threshold, marking the emergence from a dozen painful years in which expensive petroleum skewed economies, geopolitics and national and individual priorities. If sustained, the drop in prices would affect everything fromNYT - 296 words
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148 1986-01-28 7 Reuter WHITE HOUSE chief of staff Donald Regan yesterday said the United States would do business with the winner of the Philippine elections even if the president was elected by fraud. The US has expressed concern about fraud in the election between PresidentReuter - 148 words
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327 1986-01-28 7 Time to strengthen Asian links, says minister UPI JAPANESE Foreign Minister Shintaro Abe, emphasising the importance of Japan's ties with South-east Asia, has appealed to Japanese business leaders to increase imports and investment in the region. Mr Abe made the appeal yesterday toUPI - 327 words
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Article207 1986-01-28 7 AFP JAPANESE Prime Minister Yasuhiro Nakasone has said his country is becoming increasingly aware of the need to balance its trade with the US, but that America is "too impatient". In an interview made public last Sunday by the American magazine Newsweek, heAFP - 207 words
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Article69 1986-01-28 7 Reuter JAPAN'S unadjusted industrial production index (base 1960) rose an average 4.6 per cent last year to a preliminary 121.9 after an 11.1 per cent gain to 116.5 in 1964, the International Trade and Industry Ministry said. Production of electric machinery rose 11.3 per cent inReuter - 69 words
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Page 7 Advertisements
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Advertisement0 1986-01-28 7 {['|=@@\^"_~^/@['$.)<"};~|_{)*<0 words
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Advertisement261 1986-01-28 7 Place your deposits with the world's leading bank. Itb as easy as ABC. A part of Singapore since 1902 For more than eighty years, Citibank has been proud to bring you a wide range of banking services to meet your financial needs, including deposits in all major currencies and credit261 words
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Page 7 Miscellaneous
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Miscellaneous52 1986-01-28 7 Doonesbury m i ta m r 4 m a* '/M N •<* n v THANK WU, rrSATBFXmU aXTB.I LO&.HAN.OJKB APPFtam NtoSO..SO..mL, THAT. ISTMZWrriHS M §#ii fc-rC--3 BY GARRY TRUDEAU T /<»■ z r a *4 *> >>**V NaVHATT THArZM rmeOTTO SOMETHING! SAYSOHFIMNG HZ REALM ATvesßMcz. sonenuc! 3* lie "v 552 words
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FEATURES
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Article492 1986-01-28 8 A SHAKEOUT APPEARS INEVITABLE: ominous words indeed from the Economic Committee for the commerce sector. But it's not as if this warning will come as a shock to any one. The warning lights have been blinking with increasing intensity for a good few years now.492 words
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Article, Illustration1367 1986-01-28 8 STEFAN WAGSTYL - Price fall calls into question its traditional link with gold The price of silver has been declining over the past two years, leading some traders to wonder whether it is losing its status as a precious metal. STEFAN WAGSTYL reports on the silver market. STEFAN WAGSTYLFT - 1,367 words
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79 1986-01-28 8 MY APOLOGIES (writes Max Commander). In yesterday's BT review of the SSO Saturday concert, I inadvertently said that Singapore-born pianist Seow Yit Kin would be the soloist this coming weekend. I misread the programme. Yit Kin is booked for February 21/22. This79 words
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Page 8 Advertisements
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Advertisement383 1986-01-28 8 INTERNATIONAL FINANCIAL MANAGEMENT SEMINAR 3-14 MARCH 1986, SINGAPORE Presented By ISII INTERNATIONAL MANAGEMENT INSTITUTE Geneva, Switzerland ic TIMES CONFERENCES First offered at IMI in 1970, this programme has been held 18 times in Geneva. A South East Asian edition was launched in 1979 and this is the eighth in Asia383 words
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Page 8 Miscellaneous
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Miscellaneous680 1986-01-28 8 iriStcW? ftan&Dickeng Hfv/e you see.N -rne coveß THt Houst. JOOKNP'L CoroCuTCR.S ujvK) MeeDS mo Re. than <THeW ARC uiORTM WyfrflfrQiaß 16 17 29 34 CRYPTIC PUZZLE ACROSS 3 Hearty deception (5) 8 Legally a relative (2-3) 10 Name of a natural philosopher (5) 11 Hill's contribution to the socialist order680 words
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SPORTS
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Article, Illustration668 1986-01-28 9 MARTIN SOONG - More than 500 paid $180 each to watch game at hotel While Americans states-side held Super Bowl parties for the Chicago Bears-New England Patriots shootout, BT's MARTIN SOONG wiped the sleep from his eyes to catch the early morning action live at the Pavilion Inter-Continental. MARTIN668 words
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547 1986-01-28 9 THE CHICAGO BEARS trampled the underdog New England Patriots 46 to 10 in New Orleans to win the US Professional football championship on Sunday. The one-sided victory in the 20th annual Super Bowl game was due as much to the Bears' stalwart defence as their vaunted547 words
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342 1986-01-28 9 AP VAL SKINNER, who won the last LPGA Tournament of 1985, made up two strokes on Sandra Palmer on the final hole on Sunday to capture the first event on the 1986 tour, the US$2OO,OOO Mazda Classic. Palmer, playing one pairing ahead ofAP - 342 words
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Article168 1986-01-28 9 UPI THE NEW YORK Yacht Club's America II on Sunday captured top honours in a run-up race to the world 12-metre championships to be held off Freemantle next month. Thirteen of the 16 yachts assembled for the championships took part in Sunday's preliminary race overUPI - 168 words
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Article, Illustration405 1986-01-28 9 AP HAL SUTTON, under pressure from Tony Sills, played a courageous shot over the corner of a lake on the 18th green that nailed down the title in the Phoenix Open Golf Tournament on Sunday. Sutton, the leader all the way this hot, sunny day, neededAP - 405 words
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Super snippets
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Article117 1986-01-28 9 AP SHELDON and Barbara Sherman said they didn't mind the rabbi carrying a miniature television or guests who kept disappearing during their wedding on Super Bowl Sunday. "I can just say that the people who are here have placed a lot of importance on our wedding,"AP - 117 words
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Article177 1986-01-28 9 UPI IT WAS tough picking the most exciting moment of Super Bowl Sunday President Reagan reminiscing about his college ball days, the freaky minute of silence or when the Patriots scored first on a field goal. Some of the most visually exciting moments came in theUPI - 177 words
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Article135 1986-01-28 9 AP CHICAGO BEARS quarterback Jim McMahon sported a series of custom headbands during the Super Bowl, including a bat-tery-powered one with flashing lights. Before the Super Bowl began, McMahon wore a headband with the words "JDF cure" in black letters. JDF stands for Juvenile Diabetes Foundation.AP - 135 words
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Page 9 Miscellaneous
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Miscellaneous1111 1986-01-28 9 to mm TUESDAY PREMIERE The Last Tycoon 10.30 pm, Channel 5 Robert De Niro is a 1930's Hollywood producer and dreammaker who makes other people's dreams come true except his own This adaptation of F Scott Fitzgerald's final novel spins a tale of nostalgia about movie-making in the 1930s Robert1,111 words
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Miscellaneous40 1986-01-28 9 TROUBLE. ON THE. LEFT,.. TEE. THE BALL LOW-TUlS IS VJERN \NiPORTAKT. >T IS ALNVOST IMPOSSIBLE TO HOOK WITH A PRIVER FROM A LOW TEE., BECAUSE. OF THE StAALL PEGREE OF LOFT ON THE CLUBFACE »»)>» JV C > A 8« a 140 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration975 1986-01-28 10 Backing for Guinness' bid underlines confidence in stout maker FT GUINNESS PLC is rated highly in the City of London these days. The ease with which it secured the necessary backing for its record £2.2 billion agreed bid for Distillers attests to its status as a blue-chipFT; Investors Chronicle photo - 975 words
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270 1986-01-28 10 Reuter NORTH BROKEN HILL Ltd's 10 largest institutional shareholders oppose Industrial Equity Ltd's (lEL) partial bid for the company. NBH managing director Mark Bethwaite said the institutions opposed the bid because they considered the A 52.50 a share offer inadequate, andReuter - 270 words
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834 1986-01-28 10 NYT HAMPERED by sluggish growth in the US economy, corporate profits for the last quarter of 1985 are expected to be flat or down slightly, based on earnings already reported and various economic factors. Economists and industry analysts in New York saidNYT - 834 words
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Page 10 Advertisements
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Advertisement625 1986-01-28 10 MM 8111 Si s /nP ■^"rT"'T'' I. $£o WTI V K Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet Special business lunch at $16 -h- each and $20++ each (min. 2 persons). Over 50 a la carte specialities are also625 words
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Advertisement132 1986-01-28 10 delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10 (child). CRQWn OPR/NGE HOTEL INBAPODI by mutt ream w Continuing the rrioce Motets tradition of friendly service 270 Orchard Road Singapore 0923 Tele* RS ***** HCROWPI. Cable: CROWriMOTCL ra* *****18 Tel:132 words
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ASIAN STOCKS
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Article377 1986-01-28 11 HONGKONG: Share prices yesterday closed narrowly mixed in dull and thin trading as investors remained on the sidelines. Brokers said many continued to adopt a wait-and-see attitude in the absence of fresh factors, and that this atmosphere would linger for two more weeks until after the Chinese New377 words
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Article215 1986-01-28 11 4 i. JAN 27 NT 33 00 +1 2 19 00 At Svvcere Indus 2 16 26 40 0 07 Pacific Elect +1 Wre 1425 0 25 30 90 06 Pootung Paper 074 004 Chang Hwo Bank Chan Loong Ch<a Hwi Cement Chmo Chem 44 00 -0 1 Sharp215 words
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Article603 1986-01-28 11 TOKYO: Prices closed firmer yesterday but off their highs as prof-it-taking cut into early gains prompted by growing expectations of a cut in the official discount rate, brokers said. The market average rose 74.32 in the morning session but fell back to close up 29.77 at 12,983.14. Turnover was603 words
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Article74 1986-01-28 11 JAN 27 Pno* Oriental B 0013 unch Phrfex B 0 15 unch Acoje Mirwig Ptcop B Anglo Phrf 0001 unch Ape* Mnmg B 001 unch Atlas Con B 12 unch Boguo Gold 0001 unch Bovc Petrolet*n ***** unch San Miguel B 1950 05 Bcnauet Con B 106 irtch Seatrortl74 words
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Article164 1986-01-28 11 BANGKOK: The Securities Exchange of Thailand Index yesterday gained 1.01 to 140.06. Turnover amounted to 375,106 shares valued at 44.7 million baht. The Sydney market was closed yesterday for Australia Day. i JAN 27 Baku Sram C it ii en 73 25 Aokham Thoi Stam City Asm Fibre Cement164 words
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Article95 1986-01-28 11 JAN 27 Won -II Hyvmdoi Const 1023 •16 Bonk S«oul 684 Hyundoi Motor KAL 1820 672 100 52 Choheung Bk 620 -12 Korea First 695 -5 Commerciol Bk DoeUm Ind 670 469 29 unch Yukong Korea Shap 1582 350 33 -5 Docwoo Corp 475 unch Lucky Ltd 748 3795 words
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256 1986-01-28 11 Reuter THE NATIONAL Iranian Oil Corp's (NIOC) tender to build three pipelines for exporting crude oil is expected to be finalised with Japanese steel and South Korean construction companies next month. Industry sources said the pipeline would be an alternative to Iran'sReuter - 256 words
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Article46 1986-01-28 11 Reuter HSIN CHONG CONSTRUCTION, a Hsin Chong holdings subsidiary, has been awarded a HK$lB4-million contract to build a 35-storey housing estate for the government in southern Hongkong. Work will begin next month and is scheduled for completion in April 1988. ReuterReuter - 46 words
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491 1986-01-28 11 UPI FOLLOWING the tracks made by the Japanese car invasion of the *****, South Korea is preparing to bring its low-cost, high-mileage entry to the American car market. Hyundai Motor America, a subsidiary of the Korean-based Hyundai Motor Co, is building a nationalUPI - 491 words
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125 1986-01-28 11 Reuter CHINA has reached agreement in principle with three foreign companies on contracts for a nuclear power plant near Hongkong. The New China News Agency said one British and two French companies had agreed to supply the nuclear reactor, generating equipment and project servicesReuter - 125 words
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235 1986-01-28 11 Reuter THE WEST GERMAN arms company Rheinmetall is hoping to sell weapons to India as part of a three-nation European consortium in a deal worth at least four billion marks (US$l.6 billion). A company spokesman in Duesseldorf said Rheinmetall was seeking West GermanReuter - 235 words
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Page 11 Advertisements
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Advertisement140 1986-01-28 11 C r- x rr«s? nf •V 1 :T V i Z*;. "Zl <V ss"s?x-"* For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering rtiat will definitely get your appetite going. Buffet Dinner is at Ssl4.oo+ per person The140 words
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Advertisement119 1986-01-28 11 All the FINEST you call for... during lunch or dinner is on the house! And that goes for any beer or soft drink too between January Ist and March 31st Call 732 1222 ext 1589 for reservations. See you soon Cheers! Ample free parking Onturv Park Sheraton Singapore Sheraton Motets119 words
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Advertisement163 1986-01-28 11 Excehior KtauetU h li e« This Month's Special Delight Nonya Buffet Lunch Jan 2 31 (Daily except Sundays) Adult $14 Child: $8^ plus Exciting Fashion Show Every Friday Showtime: 1.15pm (§**3) £-S*GA**f (gftg) tzxceluor note/ 5 Coleman Street, Singapore 0617. Tel: *****33 .4U-* r Exdusive Pool Membership for only $15163 words
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Advertisement96 1986-01-28 11 FASHIONABLY HYATT Join the fashion-conscious every- Tuesday and Wednesday (3.00 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches.Showtime: 4.30 pm Tea plus.show at $9.5096 words
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Advertisement125 1986-01-28 11 Savoury Delights Await You At M M available daring lunch.' For reservations call. <^0 —uHorajyVx 235 2698 or 734 6622 ZT l&£3! Dinner 6pm-11pm i Li L_J=*J£aLßßl fAimamiii Mm im Ample Free Parking 19 CurnhiU Qrde and Valet Service Support 0922 iy 734 6622 Outside CBD M M 9 y125 words
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RAW MATERIALS
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Article, Illustration629 1986-01-28 12 AFP UPI THE INTERNATIONAL Coffee Organisation (ICO) has approved the minimum requirement for monitoring coffee exports by its members when its quota system is suspended. The decision ended a weeklong meeting of the ICO executive board in London last week. The ICOAFP; UPI - 629 words
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207 1986-01-28 12 AP CONTINUING civil unrest and rebel control of the cof-fee-rich south-west may keep Uganda, Africa's second largest coffee producer, from cashing in on the current high prices caused by failure of the Brazilian crop. Coffee has fetched record prices in recent weeksAP - 207 words
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Article319 1986-01-28 12 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 158.00 cents per kg, up 0.25 cent from last Friday. Dealers said the morning session ended steady, after hovering narrowly on lack of interest in dull trading. Prices were little changed in thin afternoon trading319 words
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Article334 1986-01-28 12 RAS prices in S cents/kg. FOB in fa ales NOON CLOSE Buyers Setters Buyers Setters Int 1 RSS Prompt 157 00 158 00N 157 50 158 SON Int 1 RSS Feb 86 157 50 158 00 158 00 158 50 Int 1 RSS Mor 86 160 50334 words
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Article110 1986-01-28 12 (cents/kg, 1-ton pellets) ffg g£ MAR 86 (current month) (forword month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 160 00 162 00N 162 00 164 OON SSR 50 158 00 160 00N 160 00 162 OON MRELB Buyers Sellers Buyers Sellers SMR CV 223 00110 words
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Article67 1986-01-28 12 Bangkok (USS/toMW, FOB) White Rice 100% 1st class 280 100% 2nd class 255 100% 3rd class 250 5% 240 10% 235 15% 230 20% 225 25% 215 35% 210 Broken Rice A-l Super 155 A-1 Special 152 C-l Special unq C I Od unq Loonzain Rice 100% 1st grade67 words
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219 1986-01-28 12 AFP THE IVORY COAST, the world's leading producer of liquid natural rubber, is planning to displace Liberia as Africa's biggest rubber producer in the next few years, it has emerged following a four-day international rubber conference which ended in Abidjan last Friday. The conferenceAFP - 219 words
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Article72 1986-01-28 12 Reuter CHINA plans to build a pipeline to tap natural gas from an oilfield in the South China Sea. A Hongkong newspaper, Wen Wei Po, has quoted Beijing sources as saying the pipeline would transmit gas from Yinggehai oilfield to Guangdong. It said the oilfield wasReuter - 72 words
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Article259 1986-01-28 12 APF CHINA IS TO BUY 450,000 tonnes of cement valued at US$l3.5 million from Indonesia. The chairman of the Indonesian Chamber of Commerce A Industry (Kadin) has said the contract for the purchase, signed last Monday in Beijing by trade representatives from the two countries,APF - 259 words
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Article14 1986-01-28 12 KL TIN Ooting pnccs on J (MS/kg) km 27 Price Suspended Turnover (tonnes) Suspended14 words
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Article150 1986-01-28 12 Chinese Produce Exchange Sellers' noon closing price» on Jon 27 (S$/100 kg). Coconut oil Bufc FOB 64 00 OW drum FOB 77 00 New drum FOB 8100 Copro Mixed (loose) 33 buyers Pepper V.urttok White FOB NLW 1367 50 Sarawak White FOB foq NLW 1357 50 Sorawok special150 words
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Article156 1986-01-28 12 MALAYSIAN crude palm oil prices closed lower yesterday on further liquidation and buyer reserve in very quiet trading due to the holiday in certain states of the Peninsular. The fall was in sympathy with a lower Chicago soyoil futures close last week. January deliveries in the central region156 words
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Article461 1986-01-28 12 COFFEE A marginal strengthening of sterling against the dollar and lack of fol-low-through yesterday morning prompted sellers to emerge to push robusta futures values back from initial gains to midday at up £90 to £40 a tonne from last Friday's close. The market was due around £80 higher461 words
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460 1986-01-28 12 AFP THE LONDON METAL Exchange has announced an extension of the three-month suspension in all London tin trading up to and including Jan 31. The LME agreed to maintain the suspension for another week "in order that discussions can commence with the International TinAFP - 460 words
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126 1986-01-28 12 Bernama MALAYSIA has maintained its position as the world's leading producer of palm oil with production of 4.13 million tonnes in 1985, accounting for 603 per cent of the world's supply. According to "Palmoil Update" published by the Palm CXI Registration and LicensingBernama - 126 words
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Page 12 Advertisements
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Advertisement33 1986-01-28 12 NOTICES la the matter «f tfce Cempaaiee Act, Cap. 185 VlaceMi Pte Ltd Nm Ageadea Pte Ltd Nm Mutae Services Pte Ltd Nm Eaglaeertag Pte Ltd (la Members Vetaatery UqalI I I hi33 words
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Advertisement158 1986-01-28 12 @|\,]~[?;::?/\~\&>;^<`+,]\_'?!^ Training improves your chances BT shows you how every Wednesday PROPOSAL TO CHANGE A SHIP'S NAME Notice is hereby given that in consequence of the intended change of name of a ship by our clients, Messrs Uni-Con-tainer Lines Pte Ltd of 20 McCallum Street, Singapore, we have applied to158 words
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Advertisement257 1986-01-28 12 La tlx- Matter af The Campaaiea Act, Cap. 185 SAMTRADCO ENTERPRISES PTE LTD (la Members' Vaiaatary UqnidaUM) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court, #04-15, Singapore 0617 on Monday, the 27th day of January 1986, the following Special Resolutions were257 words
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SHARE INFORMATION
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Article, Illustration4303 1986-01-28 13 APART FROM some buying interest in SLA, there was hardly any significant activity on the stock market yesterday. Prices finished mixed as bargain hunters nibbled at selected blue chips and grossly oversold counters. Turnover languished at a mere 6.82 million shares worth $17.194,303 words
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Article271 1986-01-28 13 SINGAPORE Rises Kentucky Sport 215 S P M 585 FAN 570 Peak H«o 210 MBF Corp 50« 150 Cold Store lOp 232 SIA 500 D S 472 FACISOt 96 OCBC 700 Corobos bO< 205 C A C 195 C K Too, 150 Falls MSMMI FrnNt 110 H271 words
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Article2783 1986-01-28 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".2,783 words
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Article118 1986-01-28 13 HONGKONG Friday 1561 0 Week ago 1562 6* Hang Seng Index Mondoy 1744 11 Friday 1745 80 Week ogo 1775 82 TOKYO NEW YORK Dow Jones Friday 1529 93 Thursday 1511.24 Week ago 1536 70 Nikkei Average Monday 12*83 14 Saturday ***** 37 Week ogo ***** 05 Standard118 words
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Article285 1986-01-28 13 Managers' prices MARA-Bumiputra for Jon 28 First B putro 4 44 4 49 Singapore Unit Trust Second 8'putro Third B'putro 4 17 4 22 3 43 3 48 The Commerce 0 90 0 95 Fourth B'putro 3 69 3 74 The Savings Fund 0 79 0 84 Fifth285 words
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Page 13 Advertisements
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Advertisement10 1986-01-28 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration621 1986-01-28 14 ALAN LEE - By ALAN LEE DEBT-LADEN Promet Bhd is aiming to raise some Ms2so million from the sale of some of its assets to reduce borrowings to more manageable levels by the end of this year. Promet has been borrowing heavily during the621 words
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Article578 1986-01-28 14 THE KUALA LUMPUR stock market put on a lethargic performance yesterday with most stocks closing lower as investors kept to the sidelines. Turnover was sharply lower at 4.68 million shares valued at M 56.47 million compared with 6.57 million units worth $9.29 million last578 words
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Article2624 1986-01-28 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 I.UOO units unless otherwise specified. Industrials A Choc (198S) (1) 2 00 (6) 1 982,624 words
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789 1986-01-28 14 BELEAGUERED shareholders of long-suspended Gula Perak Bhd may finally be able to see some value to their otherwise written-off investments in the loss-making company, if the latest restructuring plans go through. The new management at Imatex Bhd, itself the subject of789 words
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198 1986-01-28 14 Reuter WESTLAND PLC has reached agreement on an amended capital reconstruction proposal with United Technologies Corp's Sikorsky subsidiary and Fiat SPA. The new scheme could be approved by a simple majority of shareholder votes rather than the 75 per cent needed for the earlierReuter - 198 words
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Article752 1986-01-28 14 LAST FULL YEAR Company Period Dote Yeor Net EPS Gross Net announced ending (cents) div profit lost yeor (S'ooo) Pohong In* Final Jon 31 Dec 84 9.352L Minebeo Interim Jul 11 Sep 85 12 5 190 3.070(d) Mulpha Intl Interim Aug 24 Dec 85 30 738L Worldwide Hldgs752 words
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459 1986-01-28 15 CONTRARY TO expectations, Promet Bhd did not hold a board meeting yesterday to decide on a date for another extraordinary general meeting to vote on the removal of Tan Sri Ibrahim Mohamed as a director. The EGM was originally to be held459 words
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165 1986-01-28 15 A REMISIER from Grand Orient Securities Pte, Mr Lee Wee Seng, has been appointed the chairman of the 11-member protem committee of the proposed Remisiers' Association. The association, according to Mr Lee, is in the process of being registered. The newly formed pro-tem committee, however, is165 words
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321 1986-01-28 15 Bernama THE KUALA LUMPUR Stock Exchange is negotiating a standby credit facility of MsBo million with a consortium of banks to protect the stockbroking industry in the event of any default on forward share contracts. KLSE chairman Nik Mohamed din Datuk Nik Yusof,Bernama - 321 words
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Article455 1986-01-28 15 HOMER CHEN - By HOMER CHEN TL LAU MANAGEMENT, one of the two remaining bidders for the development of Haw Par Villa, has roped in Japanese group Kumagai-Zenecon Construction Pte Ltd as a partner in the multi-million dollar project. Prior to the entry of Kuma-gai-Zenecon, TL Lau455 words
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Article, Illustration427 1986-01-28 15 CHAN OI CHEE - By CHAN OI CHEE AT A TIME when the fate of Pan-Electric Industries is hanging in the balance, the company's chairman, Mr William H Crafter, has resigned from office. Mr Crafter tendered his resignation as director on Jan 25, 1966. Mr Crafter, in his 50s,427 words
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179 1986-01-28 15 MALAYSIAN RESOURCES Corporation Bhd is hiving off one of its major assets, the Resource Plaza building, for Ms2o million cash, making a notional loss of $2 million in the process. According to MRCB, the proposed sale is in line with the group's rationalisation and consolidation exercise,179 words
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373 1986-01-28 15 FAST-RISING entrepreneur Datuk Abdullah Ahmad has taken over control of another listed company, Gadek (Malaysia) Bhd. A few months ago, Datuk Abdullah took over at the helm of SPK-Sentosa Corp Bhd, the listed vehicle of Syarikat Permodalan Kebangsaan, the diversified bumiputra group which he373 words
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Article446 1986-01-28 15 MALAYAN CABLES Bhd has proposed a bonus issue of one-for-one. The issue of 34.9 million new shares of $1 each will be capitalised from the share premium account of the company. The bonus issue is subject to approvals of the relevant government authorities, the Kuala Lumpur Stock Exchange446 words
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LATEST
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Article50 1986-01-28 15 Group pre-tax profits for the half year ended Sep 30, 1985, declined to M 5514,000 (from $666,000). Interim net earnings per share fell to seven cents from nine cents previously. Directors have recommended an interim dividend of 12 cents less tax payable on March 12.50 words
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263 1986-01-28 15 THE FIRST Annual General Meeting of the merged newspaper conglomerate, Singapore Press Holdings, will be held on Feb 15. At the meeting to be held at the News Centre in Genting Lane, shareholders will be asked to pass a resolution263 words
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Page 14 Advertisements
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Advertisement369 1986-01-28 14 Directors fail to meet, Page 15 NOTICE NOTICE IS HEREBY GIVEN that, I Mdm Cheong Meow Liang of Blk 4, Ghim Moh Rd #08-266 Singapore 1027, have applied for a First Class Beer House licence in respect of premises at M/s Hock Seng Leong Eating House Blk 293 Yishun St.369 words
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Page 15 Advertisements
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Advertisement174 1986-01-28 15 A long-established European company, engaged in indenting and wholesaling, is interested in amalgamating with a similar company. The owner will also consider outright sale as he is due to retire. Currently, the company handles textiles and sundries as well as building materials. The company is well established in Singapore, Malaysia174 words
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Advertisement379 1986-01-28 15 SINGAPORE PRESS HOLDINGS LIMITED Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the First Annual General Meeting of the Company will be held in the Auditorium, 2nd floor at News Centre, 82 Genting Lane. Singapore 1334 on Saturday, 15th February 1986 at 12 noon for the following business:Ordinary379 words
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549 1986-01-28 16 LISA LEE - Rates have fallen below those in Hongkong, Tokyo and London By LISA LEE OFFICE SPACE in Singapore is now cheaper to rent than it is in Hongkong, Tokyo or London, thanks to a drop in net office rents of between549 words
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168 1986-01-28 16 MR ONG TENG CHEONG yesterday proposed the setting up of a Chinese cultural museum or memorial for Chinese pioneers in Singapore. The Second Deputy Prime Minister made this suggestion at the inaugural dinner of the Singapore Federation of Chinese Clan Associations at the168 words
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81 1986-01-28 16 PACKAGER Tetra Pak Pacific's expansion plans will increase its annual production to 2.6 billion packs and not 2.6 million packs as reported in an article published in BT dated Jan 27. Its current production is two billion packs, which accounts for about 681 words
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410 1986-01-28 16 JOB-STARVED CONTRACTORS have clinched more than $100 million worth of government jobs in the past two weeks in opening tenders that have often involved cutting their margins to the bone. Split among 30 tenders, these projects have ranged from sewerage and reclamation works to410 words
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Article, Illustration488 1986-01-28 16 THE US dollar yesterday plunged to a seven-year low against the Japanese yen in hectic trading in Tokyo. A drop of 3.80 yen to 195.70 took the rate down to its lowest since Jan 9, 1979, when the dollar stood at 195.60 yen. The488 words
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Article479 1986-01-28 16 AP Bernama TWO FACTIONS in the Khmer People's National Liberation Front have met for the first time in an attempt to reconcile differences that have split the Cambodian resistance group since mid-December. The two groups had previously held talks only through intermediaries, but these hadAP; Bernama - 479 words
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397 1986-01-28 16 POLITICS rather than police work yesterday occupied Tan Koon Swan, whose pleas on six charges of criminal breach of trust are to be heard in court on Thursday. And it now appears that Mr Tan could find the list of charges against him397 words
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Article35 1986-01-28 16 THE SINGAPORE PARLIAMENT has been prorogued. President Wee Kim Wee made the proclamation yesterday to suspend meetings for a time without dissolving the House. The proclamation was published in the government gazette.35 words
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Article64 1986-01-28 16 THE US stock market was moving up in active trading yesterday, continuing the advance of the previous two sessions. The Dow Jones industrial average was up seven points to 1537. Advances led declines by a three-two margin on 14.40 million shares. The Dow transports were up six64 words
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LATE FILE
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Article35 1986-01-28 16 AP CHINESE leader Deng Xiaoping, not seen in public since Dec 14, is in fine health, says his son. Deng Pufang said yesterday that the 81-year-old leader is "very well". APAP - 35 words
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Article38 1986-01-28 16 Reuter accord with Japan THE European Community has reached agreements which could double EC exports of shoes to Japan and cut Japanese tariffs on a number of other EXT products, said the commission yesterday. ReuterReuter - 38 words
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45 1986-01-28 16 AP INDONESIAN Labour Minister Sudomo yesterday predicted that the number of workers laid off this year will increase from last year's 35,125. The Sinar Harapan newspaper quoted him as saying that reduced spending will result in fewer job opportunities. APAP - 45 words
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Article27 1986-01-28 16 AFP MALAYSIAN authorities have detained 27 people under the Internal Security Act for alleged involvement in religiously-inspired clashes with police. AFPAFP - 27 words
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Article44 1986-01-28 16 AFP INVESTMENT by foreigners and overseas Chinese in Taiwan last year totalled more than US$7OO million, up 25 per cent over 1984. An economic ministry official said yesterday that the government approved 174 applications totalling $702 million last year. AFPAFP - 44 words
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50 1986-01-28 16 UPI THE Thai government, citing "security reasons," has refused to renew the work permit of a Soviet reporter. A foreign ministry spokesman said yesterday that the action was directed at Sirguei So la vie v, the Bangkok correspondent for the Soviet Union's Tass agency. UPIUPI - 50 words
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Page 16 Advertisements
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Advertisement257 1986-01-28 16 ';~*^;"*)-}>(`|.$__|\;-@^?$?[-- sssee^ffi^ PERSONAL COMPUTERS Now! Save $1,000 for a Double Disk Drive J 2001 ONLY S $3,495 Now, the Accent 200? PCs deliver the best of both worlds American accent for undisputed quality and Malaysian technology for unbeatable value-for-money. The smallest and lightest portable PCs that deliver the performance and257 words
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Page 16 Miscellaneous
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Miscellaneous47 1986-01-28 16 Outlook for today: Fair. Report for 24 hours prior to 7 30pm on Jan 27 at the airport: Maximum temperature 29.0 Associated humidity 61 Minimum temperature 23.9 Associated humidity 86 Hours of sunshine 1.00 Rainfall in millimetres nil Roinfall this month 301.6 Rainy days this month 1147 words
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SHIPPING TIMES
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129 1986-01-28 17 Seatrade Week THE SOUTH KOREAN government will begin construction of a large new container terminal at Kwangyang Bay on the southern tip of Korea in 1987. The project is expected to be completed in 1991 and will costs Won 47 billion (US$52.B million), said aSeatrade Week - 129 words
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421 1986-01-28 17 THE VOLUME OF cargo handled at Singapore's ports last year seems certain to be below 1984 levels. But the quantum of decline would not be as drastic as was feared earlier because of a recovery towards the later part of the year. Figures421 words
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116 1986-01-28 17 TWO MAJOR CONSORTIA in the Japan-South America west coast trade have merged because of deteriorating market conditions. The Andes Express and the Compania Sud Americana de Vaproes Transpotes Navieros Ecuatorianos joint service have reached an agreement to merge from March. The six companies116 words
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123 1986-01-28 17 Fairplay SAFE OFFSHORE has signed a contract, worth in the region of US$33 million, with the Marathon oil company for the hire of a floatel from mid-1967 through to the end of 1968. Before the floatel starts its new assignment, it will undergo refurbishmentFairplay - 123 words
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PORT SIDES
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Article104 1986-01-28 17 Fairplay A JOINT CHARTERING organisation, United Chemical Transport, has been set up by two West German owners, Knihr A Burchard Nfl and Tankreederei Ahrenkiel Gmbh. Their combined chemical tanker fleet of 17 will be operated in the future under a long term pool agreement, with theFairplay - 104 words
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Article135 1986-01-28 17 AP SIX WORKERS were killed in a fire while removing grease from a former Dutch tanker that was scheduled to be scrapped, Taiwanese police reported. Fifteen other workers were injured, four seriously, in the fire aboard the 42,000-ton Ala in Kaohsiung, 350 kilometres south of Taiwan. PoliceAP - 135 words
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Article112 1986-01-28 17 AP JAPANESE Maritime Safety Agency patrol boat seized a 19-ton South Korean fishing boat after a two-hour chase on Sunday and arrested its captain on suspicion of fishing in Japanese waters off Tsushima, an agency official said. The official identified the Korean boat as theAP - 112 words
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Article1190 1986-01-28 18 TIME-CHARTER business and Brazilian iron ore fixing comprised most of Friday's reported chartering on the London shipping freights market. Grain and coal markets became less active and no further sugar or fertiliser fixing emerged. In the Far East, NYK booked the 141,000 dwt bulker Mineral Diamond at U557,9001,190 words
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1064 1986-01-28 18 UPI INTERNATIONAL shipping is in its worst financial crisis since the Great Depression years of the *****, industry officials say. Hundreds of steamship lines, freight forwarders and custom house brokers from Hongkong, Taiwan, Italy, Germany, England, Canada and theUPI - 1,064 words
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Article, Illustration185 1986-01-28 18 RAUMA-REPOLA has won an order to build an ice-breaker expedition ship for Sudoimport. The ice-breaker, which can transport containers, vehicles, aircraft and helicopters, will serve the research stations on the Antarctic regions. As the icy coasts lack harbour facilities, the vessel will carry tractors to transport185 words
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Article637 1986-01-28 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bolt-Canada Line VII 4/5 Bolt-Orient Line VII 4/5 Bank Line V 5 BBS II 4/5 Ben Line Cont637 words
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188 1986-01-28 18 AFP NORTH KOREA'S only supertanker has been sunk in an air raid in the Gulf war, badly hampering the country's oil supplies. The 230,000-ton Son Bon went down after being hit in an Iraqi air raid on Kharg Island on Sept 19,AFP - 188 words
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Article326 1986-01-28 18 AFP WITH crude prices having fallen by as much as US$5 to around $17 per barrel during the past week, buyers generally remained on the sidelines, with greatly reduced employment opportunities for tankers the result. The Gulf states loading zone took the brunt. The little trade in evidenceAFP - 326 words
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254 1986-01-28 19 Seatrade THE FAILURE of the Development Bank of the Philippines (DBP) to foreclose on two general cargo vessels whose owners are heavily indebted to the government bank is threatening to become a major scandal. Sources at the bank have identified the ships asSeatrade - 254 words
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385 1986-01-28 19 Lloyd's List CRACKS HAVE been discovered in the hull of the Atlantic Conveyor which was delivered just 12 months ago. And the four other Atlantic Container Line vessels built to the same design are undergoing checks for similar problems. The 2,157-TEU Atlantic Conveyor,Lloyd's List - 385 words
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Article80 1986-01-28 19 THE NEW owners of Ellerman Lines have had an encouraging start to 1966 with the forecast that throughput at the group's Liverpool container terminal should rise by 50 per cent this year. The arrival of substantial volumes of new business at the Speke Freight Terminal will mean80 words
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Article844 1986-01-28 19 Jan 26-28 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 1906 Asian Inspection Repair it Maintenance Conference844 words
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228 1986-01-28 19 IRON DUKE, the 14,888 dwt bulkship BHP Transport sold to Hongkong interests for scrap is still in Sydney even though it was scheduled to leave on Jan 10. The delay has resulted because inspection by surveyors showed that228 words
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124 1986-01-28 19 Fairpiay A SAVAGE ATTACK on the role of the Japanese government in the rescue of Sanko was launched by Mr Bruce Farthing, consultant director of the International Association of Dry Cargo Shipowners (Intercargo) in London. "Members of Intercargo who live by the principlesFairpiay - 124 words
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Article773 1986-01-28 21 The above information is compiled from data provided by the Singapore National Shipper's Council AUSTRALIA Jan 2 Queensland Cairns, Mourilyan, Cape Flattery, Townsville, Mackay, Hay Point, Dalrymple Bay, Abbot Point, Gladstone Working normally. Brisbane Berthing congestion at grain terminal. Labour available. New South Wales-Newcastle Coal: 2 vessels loading,The above information is compiled from data provided by the Singapore National Shipper's Council - 773 words
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Article187 1986-01-28 21 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/Straits Container187 words
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6162 1986-01-28 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,162 words
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Article700 1986-01-28 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Nuptse 722 28.1 86 1700 Sea Consort F8 0800-0900 W2 Selandia 504 28 1 86 1700 Nedlloyd F7 0800-0900/0700-0800 L2/N2 Pegasus P 414N 28 1.86 1800 Straits700 words
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Article1645 1986-01-28 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) American1,645 words
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Article456 1986-01-28 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Cable Express K35 Boustead alongside 28.1.86/2000 Kee Expander K27 S'pore Shp alongside 28.1.86/0600 Arrow Prince K12 Ned-EAC 28.1.86/1500 29 1.86/1700 Anchan K18 Leo Shpg 28 l.86/2300 30 1.86/2300 Equator 4 K22 Thong Soon 28.1.86/0700 29.1.86/0700 Equator 5456 words
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Page 17 Advertisements
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Advertisement850 1986-01-28 17 Concise Comprehensive Contemporary Available at all good 1 bookshops and newsagents Distributed by ttfl a□» 3:7T PUBLICATIONS OOCL Okient OVEIQEAS Go*Uu*e\ LINE IAMK SHPfWG AOWCtt (leg Nt 242K4/ 00K) 70 Shenton Way #04 03 Manna House Singapore 0207 Tel *****11 TELEX NO RS ***** CFS OFFICE IPC #03 029 Tel850 words
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Advertisement59 1986-01-28 17 mas INTERNATIONAL shipping is in its worst financial crisis since the Great Depression years of the *****. Page II CRACKS HAVE been discovered in the hull of the Atlantic Conveyor which was delivered just 12 months ago. Page 111 Index to odvertisers II Shipping Schedules VIII London freights II Container59 words
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Advertisement1058 1986-01-28 17 >4 BALT-ORIENT LINE Baltic Shipping Co Refiiar Services from South East Asia to United Kingdom and -1 ft irajrtn IMMRI rOftS Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 Feeder Kelang >,nan 9 *S«ga»ort CtaMg Tones CT 3/2 0400 MRS CfS 2/2 1200 MRS MAERSK SERVES THREE SWEDISH PORTS1,058 words
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Page 18 Advertisements
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Advertisement483 1986-01-28 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Wast Feeder at Tokyo Feeder at Kobe Mother ttl LA/LB OAK Mother VSL SCAT VCR S MSHU M 1/3 4/3 TOKYO M. 5/3 (/3 P ARROW t/3 11/3 HAKONE M 16/3 17/3 BEISHU M 15/3 11/3 HAKONE M483 words
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Advertisement286 1986-01-28 18 Supercarrier Service Vessel N ROUEN B I M»» N ROSAIMO BARBER TEXAS N ROCHSTFR Nf IT ARRIVALS N ROSAMO 27/1. BARBER PERSEUS 27/1 B HtCIOR 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA V«M< BARBER PERSEUS BARBER WCTO* IOURCOMC BARBER IOBA Uv> Kcrptnt contrs lor Houston (MLB) S286 words
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Page 19 Advertisements
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Advertisement927 1986-01-28 19 The Straits Steamship Group QCL. Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINERSHIP SERVICE TO UK CONTINENT. S'part PHtim* 29/1 29/1 05/2 17/2 11/2 12/2 22/2 24/2 04/3 K/3 11/3 13/3 19/3 21/3 27/3 29/3 04/4 M/ 4 Abo927 words
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Advertisement691 1986-01-28 19 Franco Belgian Services g&j I i r I i w r. n. h r. >. ilh ll.'/ti.in I ~r I r«/.r»> ir»> (MEMBER OF ACE CONSORTIUM) soma Tonaort stow maw it Hm QRENTM. I3CF 20 Mi (27 MO 17 FA II Fd KOKM MCUM 5 FA < 3 FA) 24691 words
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Page 20 Advertisements
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Advertisement900 1986-01-28 20 Wh m u Hapag-Lloyd TO CONTINENT/UK EXPORTS On carTUfe to Scandnavia, Med, Carribcan IS. America Inland haulage to inland destinations in Europe S port PKetonf Ptrunf leuoesMuo Genu Htx*| RdJm Btuven A'mrp Ai Mub»*uli 1/2 10/2 12/2 1/3 19/3 15/3 12/3 «N Toinn 10/2 14/3 10/3 7/3 Saft* Rickmers J/3900 words
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Advertisement961 1986-01-28 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN EVER ONWARD to Nrl 12/2 13/2 [MR ORENT 4/1 21/2 21/2 HER own 12/2 2>/2 1/3 IM4ORTWE 21/2 1/3 5/3 EMR OCUH 27/2 IS/) 14/3 no OBIMM 7/3 23/3 M/ 3 IH-fHW961 words
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Advertisement221 1986-01-28 20 as I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sngipvt Loadng fa 10/2 B ABBAS KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKeUnf Loa*if tar: KYOWA COSMOS Saied Lac, Jaya. P. Moresby. Honiara. Kieta. Rabaul. Papette 0. COURMER 9/2 Lac. P. Moresby.221 words
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Page 21 Advertisements
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Advertisement273 1986-01-28 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 A FIJI S POKE AGENTS MERLION SHIPPING AGENCY PTE LTD. #12 02A273 words
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Advertisement163 1986-01-28 21 \<t»l THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S'poreolo6 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) Bangkok '(LINK 4/86 29 Jan 1 Feb *REE 4/86 2 Feb 5 Feb YLINK 5/86 5 Feb 8 Feb VREE 5/86 9 Feb 12 Feb *.INK 6/86 12 Feb 15 Feb163 words
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Advertisement725 1986-01-28 21 BENLINE CONTAINERS 1 EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS corn AWE* SERVICE FROM UK/CONTI HAM BtttMNRIMM HAMS STOM PKLLANGSTOH FOR Bona.on Sated SM Saitd Sated Sated 79/1 11/1 MG Hon|konf EiprmSjM Sated Sated Sated Sated 1/2 BU Kowtoonßi, Siin) Sated Sated Sated Stint 11,7 11/2 HKG BenaMer Sated Sated Sated725 words
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Advertisement721 1986-01-28 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE LOADER FULL CONTAINER SERVICE STORE TO JAKARTA "MA MP MAT V 28 W THAN* BHUM 019 NXJNA V.SB? JAKARTA SURABAYA 1/2/86 3/2/16 6/2/16 8/2/16 LOADER EXPRESS SEMI-CONTAINER SERVICE TO EUROPE STOW TKfSTE BUAO ATMN/RDAM HTMt6 BREMEN UNM BHMTI Vl4 NB 4/24/2 8/3/86 16/3/86 17/3/86 19/3/86721 words
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Advertisement433 1986-01-28 21 BOUSTEAD SHIPPING AGENCIES Pi an V9ON Mamlamyaaii V3OW Htoneywa V2OBW Phashwegyawywa BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadmg for Rangoon S'pore P.Kelant Pen* hPoft 29 Jan 30/31 Jan 9/11 Feb 11/12 Feb >4 BANK LINE IVYBANK CLYDEBANK CONTAINER SERVICE TO UK/CONT SPORE ROAM HULL HMBG 30 Jan 25433 words
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Page 22 Advertisements
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Advertisement1154 1986-01-28 22 K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEEDER VSI utopia MOIFCR VSI AAUIIA V 7403 STOW PUIS PNG SI«0K NAGOYA GUAYAQUL CALIAO MICA IQWQUE AfAGASTA S ANTOWO VALPARAISO TAIWAN-JAPAN-CHINA-MANILA UTOPIA 5 Ftb 7 Fib CHOW BRSGE r>2 3 Fib I Fib 9 Fib 1 fISMANTIE BRBGE <19 It Fib 1}1,154 words
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Advertisement737 1986-01-28 22 OH 2 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains* feeder P Heiang liner Vessel S pore Me«b f m SrOr too Accepts CAIMM 21 lan RAMDAS I fak 23 frt 4 Mar 2 Mar Mal/fc« *AWAS 13 Feb 21 Fak i Mar 7 Mar AM Bra A««M 7 Feb CHANXMS737 words
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Advertisement558 1986-01-28 22 GOLDEN LINE GUAN GUAN SWUNG (PIE) LTD 23. 1M If Stmt SKAPOK nt 4 m bwrni <i« rns) STRAITS/PERSIAN GULF SERVICE: s*. GOUJEH MONO Colombo Kjixt* lAujcit D«b» COLHN cm C««ombo Mraclk Dotii Batoan lft/20 F* 2/4 CHINA OCEAN SMPPING CO.. PEKMG THE PEOPLE'S REPUBLIC OF CHMA i DCS j558 words
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Advertisement592 1986-01-28 22 (PTC)LTD 10 Anson Road *27 16 International Pia/a Singapore 0207 Tel *****1 1 (10 Lmesl iSrOAACIA'AUTX o BREAKBULK SERVICE TO EUROPE/UK S port P Ketang LoaMng Nr.SOUTHERN PAOFIC *****21 SaM Saiad ROT/ANI/W (AVON) ANANGEL PEACE *****23 SaAed 30/1 ROT/ANT/W (A**) PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX592 words
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Page 23 Advertisements
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Advertisement676 1986-01-28 23 WNOL NEPTUNE ORIENT LINES LTD Agents S pore NEPTUNE AGENCKS PTE LTD TH Nc office Term«. CFS BOOKINGS *****77 fl W/AUST PA* *****77 *****22 *****53 00 DMCT IWS *****53 27*574? I Bihru HARPER WRA SON BHD 23*100 P *Hin, HARPER WRA SON BHD 3862*8 P bra HARPER *MRA SON BHD676 words
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Advertisement525 1986-01-28 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN. INCHON DONAM Yeuel No 7 No 9 No I No i No 7 No S t Ketaf 7/2 15/2 22/2 J/J IJ/J 20/3 29/1 Penjnf bOIN WIN U7N WIN ton /CO2N ton 21/2 SPf*l AUKIS NIPTUNI AGFNC*S525 words
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Advertisement871 1986-01-28 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG POUNG M/S SHARK AT UAH SOON SON. 80. IST AND 2NO FLOOR, MESSRS HA! THONG SIVPMG 127871 words
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Page 24 Advertisements
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Advertisement395 1986-01-28 24 frml' REGIONAL CONTAINER LINES TO BANGKOK (3 WEEKLY SAILINGS) TO SOUTH THAILAND (FORTNIGHTLY) "V It 11 l !'.l: 1 !I '11 Mti IEBEMBWtiM*™ 1 IM/.'.' 1 I'll" BIi^MBCTinSIIECTEJECT iiw.v'.i:'! i imrTwrßCTinngi MALACCA STRAITS FEEDER SERVICE (WEEKLY) vsi imgwCTi irrrr I: I J.l'o" cca BUPEIRTEII BIKBBBBBIMBBBH Aho acceptmc LCI (tramhqjment and395 words
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Page 24 Miscellaneous
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Miscellaneous189 1986-01-28 24 r I Regional Weather m m W M 24^; 03 1 4} ■m LI S3 C fL 65 ill IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature o c X\ Sho er Weather Wind direction with speed in knots Ra»n V-/ Cloudy Sky W189 words
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Page 25 Advertisements
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Advertisement130 1986-01-28 25 MSC AGENCf S K LUMPUR P. KELAJ4G PtNAHG P. GUDANG J. BAHARU LEOSHP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 10 EUROPE FEEDER FROM EUROPE 11 'lil'l'-Tf HI EZBEWZH Pf 11 T iimiTi ALSO ACCEPTKG FOR: ANTWERP, L. HARVE, UK. BREMEN, COPENHAGEN. OSLO ALSO130 words
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Advertisement160 1986-01-28 25 P M LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vessel EPCIU Safipart P'ria* Pt«un| POWJ nOKOI 4-11 lai 1» 20 lai »/2C Iw 24/24 ■X»T ram p«ra u/ij n/n t» 12/23 •nm.l KKTUK 5-S lan 21/21 Itn 27/27 C*{o accepted to Sn|ip«t Cargo «l accept to Jopan Ports including heavy cargo (max160 words
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Advertisement161 1986-01-28 25 Scan Dutch V ■HMMBMHI TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL SaMa/MM I»T«u/51« N Moubfun S?«* B Pm 016 K«n(ai/(2(>* luttandu 036 N Mt 'W WM/OSC 4) HAMBURG TO RED SEA-MEDITERRANEAN FEEDER VESSEL c RAEUS CASABLANCA FROM EUROPE FEEDER VESSEL P KELANG S) fcTSEILLES 1) G BURG 2) H BURG N161 words
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Page 26 Advertisements
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Advertisement427 1986-01-28 26 \y,vf os X Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S HO* L r vr EAST AFRICA AFRICA MARU ATLAS MARU NEDLLOYD MOJI APOLLO PEAK WEST AFRICA HIMALAYA MARU 28 Feb Port Louis. Reunion 5 Feb Mombasa. Daressaiaam Tanga Beira. Tamatave 15 Feb Mombasa Daressaiaam 25 Feb Port Louis. Reunion 10427 words
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