The Business Times, 8 April 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, APRIL 8, 198« 75 CENTS
    12 words
  • 393 1 THE TRADE Development Board, encouraged by the rising yen and global pressure on Japan to buy more from overseas, is intensifying its efforts to get Japanese electronic companies to source materials from Singapore. Its Tokyo office has been strengthened with the appointment
    393 words
  • 436 1  -  US, Europe and Japan make up 90pc of GSP markets By FOO CHOY PENG Chief Reporter SINGAPORE EXPORTS under the Generalised Scheme of Preferences dropped by $165 million last year from a year ago to reflect an overall decline in total exports. Exports receiving preferential
    436 words
  • 118 1 AFP BURMA will suspend its four-year-old offshore oil exploration programme indefinitely and has terminated the services of drilling company Forex Neptune. The move also means the shelving of the multi-million-dol-lar Martaban offshore gas project, widely regarded as a key to Burma's future economic development and prosperity,
    AFP  -  118 words
  • 444 1  -  By ELAINE KOH HARPER GILFILAN is moving away from a lucrative $60 million a year travel business built up over the past decade by selling seven regional subsidiaries to Australia's largest travel company, Jetset Tours. TTie company, one of the oldest trading firms in
    444 words
  • 106 1 UPI CHINA is considering expanding an experimental programme to allow state-run enterprises to sell stocks and bonds to raise funds for modernisation. The official news agency Xinhua said yesterday that stock and bond issues had been used to raise money for businesses in five
    UPI  -  106 words
  • 345 1 Reuter THE US DOLLAR rose on world money markets yesterday as buying sentiment for the currency was bolstered by the weekend realignment of the European Monetary System (EMS). The dollar started in Frankfurt at 2.4130 West German marks, more than two pfennigs up from its
    Reuter  -  345 words
  • Article, Illustration
    81 1 WITH BUYERS in as hurry to mtm tato the Singapore stock market, share prices con tinned to drift tower yesterday. Lasers outstripped wtaaers hy 73 to Si. At the close, the Straits Times ladastrlal Mei was 3.M psiats tower at 585.22 while the more broadly based BT Composite
    81 words
  • 327 1 AP THAILAND'S biggest newspaper has lashed out at the US for placing the country on "a black list" which would keep many tourists and their money away. The Thai Rath editorial yesterday was prompted by a US State Department "security-re-lated advisory" that Thailand was
    AP  -  327 words
  • 123 1 UPI ISRAELI Prime Minister Shimon Peres has vowed to fire Finance Minister Yitzhak Modai in a move that threatens to break up Israel's coalition government. Mr Peres, incensed by recent comments by Mr Modai critical of the government's economic policy, told Foreign Minister Yitzhak
    UPI  -  123 words
  • 97 1 Bernama THE PARTI Bersatu Sabah (PBS) is considering withdrawing its application to join the Barisan Nasional, the federal coalition of 11 parties headed by Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamed, if the move helps to resolve the Sabah crisis. PBS president Datuk Joseph
    Bernama  -  97 words
  • Page 1 Advertisements
    • 143 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Before 'Link' Specialist in HAIR WEAVING HAIRCARE At Link Hair Care we put back that extra link in your hair, helping you to restore that natural look again We will link your hair with LINKS (where you ve lost yours) and you will look
      143 words
    • 318 1 BT on Communications THIS WEEK Singapore becomes the centre of the world's communications industry. Experts from companies which lead the way in information technology and electronic communications are gathering here for CommunicAsia InfotechAsia 86. Tomorrow, BT will publish a special supplement which looks at the communication revolution that is already
      318 words
    • 11 1 See Pege 6 Full report, Pagi 13 Asian stocks, Pags 11
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    • 126 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM DRIVE IN FOR 24-HOUR BANKING, 7DAVS AWEEK. YE SAO zhong C *'< 3 No *ft M, 99 9 9 9 Or- Vaiia Dates fOM 7^3 With your Unicard. you can stop for cash at any of these L'niTellers:1) BP Havelock Enterprises Sen-ice Station. Havelock
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  • HOME NEWS
    • 411 2  -  About 1,500 geoscientists to gather in August By BRIAN GOMEZ THE WESTIN HOTELS at Raffles City will play host to their first big conference-cum-exhibition this August when some 1,500 delegates gather for one of the world's most prestigious meetings of geoscientists. The Fourth Circum-Pacific Energy
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    • 100 2 AN INTENSIVE COURSE in corporate public relations will be held on April 21 at the Boulevard Hotel. Aimed at directors and senior managers, the one-and-a-half day seminar will be conducted by Mr Michael Morley, the president of Edelman International, New York. Mr Morley heads the largest
      100 words
    • 175 2 FOURTEEN CONTESTANTS from Toastmasters clubs in Singapore and Malaysia are to compete in a speech contest on topics such as "Love Thy Neighbour" and "Love A Matured Concept". The contest is being organised by three of the five Toastmasters clubs in Singapore and the
      175 words
    • 122 2 THE NATIONAL Productivity Board building at the junction of Jalan Bukit Merah and Bukit Merah Central will be topped out this morning by Mr Mah Bow Tan, the chairman of NPB. It will also be the occasion for the signing of a
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    • 99 2 AT&T WILL kick off CommunicAsia and InfotechAsia *86 tomorrow with a talk on office automation. The two conferences will run from April 9 to 12 at the World Trade Centre. The lunch-time talk at the Shangri-La Hotel will focus on trends in office automation Mr
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    • 242 2 WAYS AND MEANS to sell during a recession with a special focus on the Singapore market is to be the subject of a conference next month. A team of local and foreign marketing and research specialists will speak at the two-day event. "Strategies and
      242 words
    • 238 2  -  By LISA LEE A REGISTRY for renovation contractors was set up yesterday by the Consumers' Association of Singapore (Case) and the Renovation and Decoration Advisory Council (Radac). Registered contractors will have to comply with a stringent code of practice, which include specifying
      238 words
    • 337 2 SINGAPORE will be going all out to make its presence felt at the 35th annual Pacific Area Travel Association (PATA) Travel Mart and Conference, which starts tomorrow in Kuala Lumpur. How well the country is represented could also have a bearing
      337 words
    • 275 2 PETER LEE KIM SIONG has been named director and general manager of JL Morison, Son ft Jooes (Far East) Pte Ltd. The company has also appointed PHUA SOK KIANG as director. Miss Phua also holds the post of financial controller of the company. EOBIN JAMES BROWN has
      275 words
    • 58 2 THE TRADE Development Board will conduct two free sessions on How to declare your imports and exports on April 25. These sessions will be useful to traders, freight forwarders and cargo agents. They will be held from 9am to 11am and 11am to lpm at seminar rooms 1,
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    • 121 3 MAPS OF THE WORLD drawn in 1571 by cartographer Abraham Ortelitis will be oa display at Antiques of the Orient at Taaglin Shopping Centre from this Friday antil April 29. OrteUns was famous for maps that were of uniform size and bound together in what is
      121 words
    • 197 3 THE MINISTRY OF HEALTH is to establish a Nutrition Advisory Committee to formulate national long-term nutrition strategies. Speaking at the World Health Day Forum yesterday, Mr Yeo Cheow Tong, Minister of State (Health and Foreign Affairs), said there was a danger that
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    • 379 3  -  By LIM SOON NEO THE LAST major civil engineering contract for the Mass Rapid Transit (MRT) system was awarded yesterday, bringing the total number of contracts awarded to 74 valued at (3.68 billion. Yesterday's $96.16 million contract (contract 310) was given to the
      379 words
    • 266 3 WHEN COUPLES get married and hold their wedding dinners in a hotel, they usually get things such as soft drinks, wedding invitations, a bridal suite and a limousine thrown in free by eager hoteliers. The Shangri-La has gone one up, but not by just matching one
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    • 221 3 ENEX-ASIA, a regional show on electrical and electronic products in October, has been expanded this year because of strong demand. The show's organiser has also launched a publicity promotion for the show overseas. As part of the move, the organisers will play host to a
      221 words
    • 216 3 THE AMERICAN Express Company has put up a marker at the National Museum in its efforts to promote important historic sites, buildings and monuments in Singapore. Located next to the main entrance, the marker is the third to be installed by American Express after
      216 words
    • 116 3 DRAGON BOAT RACES are on again and this year, races will be held on June 15 at the East Coast Parkway near the Bed ok Jetty. There will be nine events for this year's dragon boat races. Two are international while another two are
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    • 111 3 SINGMARINE SHIPYARD, a subsidiary of Keppel Shipyard, has completed a supply vessel for Sejora Marine Pte Ltd. Another supply vessel for Sejora is due to be delivered by the end of this month. Although the price of the order was not disclosed, such vessels are estimated
      111 words
    • 142 3 A MAN who died from a road accident had donated his kidneys to two patients suffering from end-stage kidney disease. The transplant operations, carried out last month at Singapore General Hospital, were the first two so far this year, the Health Ministry said yesterday. The
      142 words
  • Page 2 Advertisements
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      208 words
    • 136 2 WORLDWIDE COURIER Changing the way the world does business. At 1819 quality recipe for success A restaurant survives on the quality of its food. And at Restaurant 1819, chef Philip Swar takes the credit. Not surprising, as he won the gold medal at the 1984 Cooks Olympics in Frankfurt. Philip
      136 words

  • Page 3 Advertisements
    • 147 3 Who says Mill U are hard to find? Business Girl can temp you with good women. In all shapes and sizes, specialised skills and sen/ices. From technicians, drivers, mechanics, computer analysts and bankers to supervisors, buyers, secretaries and typists. As Singapore's leading temp agency, we sign up only the best
      147 words
    • 318 3 Alcatel ElO O .O >5 rvn s. &^ssai ISDN BACKED BY EXPERIENCE. The future will belong to Integrated Services Digital Networks. Born out of the merger between CIT Alcatel and Thomson Telecommunications, the Alcatel ElO is a digital switching system incorporating the earlier ElO and MT systems. And, is now
      318 words

  • Page 4 Advertisements
    • 268 4 THE OLIVETTI-AT &T 38 SERES. CREATED BY AT&T TO RUN UHX. PERFECTLY. ■&smm m .v."<* VV »■< i" ..'t.SM v3l k \v V *UNIX is a registered trademark of AT&T/Bell Labs. Bell Laboratories, with over 19,000 researchers, employer of seven Nobel Laureates, is certainly a cradle of the future. They
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  • BANKING AND FINANCE
    • Article, Illustration
      864 5 SINGAPORE THE US dollar closed firmer yesterday against most major currencies, except sterling, in moderately active trading. The dollar was supported by US Treasury Secretary James Baker's statement last Friday that the US Administration had no target range for the dollar. The dollar rose to 2.4070/80 marks from
      864 words
    • 308 5 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at slightly lower opening levels in quiet afternoon trading. Period rates weakened between 1/16 and 1/8 point at the outset due to a smaller-than-expected fall in US unemployment data for March. Short-dates eased 1/16 point initially due to a lower US
      308 words
    • 237 5 HONGKONG: The metal closed firmer yesterday in moderately active trading mainly on more demand from physical buyers. Bullion closed at U*****.20 60 an ounce compared with New York's $335.75/336.25 close last Friday and the $335.60/336.00 finish here. On the local market, gold rose HK$7 from last Friday's close to
      237 words
    • 65 5 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/4 point from last Friday to close at 5 per cent yesterday. The one, two and threemonth term rates rose by 1/8 point each. S$ Interbank rates ot 7pm yesterday: OHe» Bid Ovefrxght 5 4 3/4 1-month
      65 words
    • 250 5 Interbank rates at 3pm yesterday: Currency* Nominal 1 I I Bid Otter en »i parity change Local dollars to one unit o) foreign currency: US dollar 2 2075 2 2095 2 8196 -21 71 Sterling pound ***** ***** 7 3469 •56 28 Australian dollar 1 5849 1 5886
      250 words
    • 300 5 BA Futures EURODOLLAR futures opened at the day's low of 93.09 on weaker bond prices. Then the June contract edged to 93.12 in a thin market. Liffe opening saw prices remaining firm with good support at 93.10. The June contract finally ended at the day's high of 93.12. Currency
      BA Futures  -  300 words
    • 502 5  -  Sang Kancil is BT's financial futures trader. DAVID GABRIEL every Tuesday traces Sang Kancil's tactics and strategies on the Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL LAST WEEK was marked by a
      502 words
  • Page 5 Advertisements
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    • 379 5 UNBEATABLE J FEATURES An irKTßcfcle focus detection speed of 0.17 sec is ochieved with AF Nfckor 35 70iwn TCI6A at 1 2.8 m The New Nikon F5Ol has an unchanged Nfcon bayonet mount lhat offer* Aulofocus operation not only with a new series of 15 new Aulofocus NWcors. BUT ako,wflh
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  • OVERSEAS
    • 602 6 Rising yen reinforces trend of making goods in US or Europe Reuter JAPANESE (JUODS made in the US or Europe may he the answer for Japan's exporters who ;ire snuggling to cope with the high-riding yen Company spokesmen and industry analysts say consumer electronics, cars and high-tech-nology
      Reuter  -  602 words
    • 317 6 UPI PRESIDENT REAGAN and Japanese Prime Minister Yasuhiro Nakasone will resume their close "Ron-Yasu" relationship this week, comparing notes on trade problems, East-West relations and the economic summit conference in Tokyo next month. Mr Nakasone, 67, now in his fourth and probably last
      UPI  -  317 words
    • 431 6 AFP PLUNGING international oil prices are forcing China's state oil sector to adopt a more flexible approach in its dealings with foreign oil companies. Analysts in Beijing say the new policies, some of which are still being formulated, are intended to cushion the
      AFP  -  431 words
    • 389 6 Reuter THE SOUTH PACIFIC island of Vanuatu is moving fast to catch up with the world's other major tax havens. The island nation, once ruled jointly by Britain and France, has already attracted foreign funds estimated by Vanuatu central bank officials at
      Reuter  -  389 words
    • 111 6 AFP THE INDIAN government and the state administration of Punjab have refused permission to 182 Sikh pilgrims to visit Sikh shrines in Pakistan after intelligence agencies raised objections. The Press Trust of India said the 182 were among 3,000 pilgrims who were to leave
      AFP  -  111 words
    • 844 7 ARRIVALS Operator Service Local From number time SJA SQI17 0005 KUL UA UA21 0215 LAX/NRT/BKG CAL CI341 0255 TPE SV SV398 0440 JED/RUH MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH81 1 0910 PEN MAS MH671 0920 KUL SJA SQI 03 0950 KUL CPA CX7I0
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    • 255 7 Reuter THE US ECONOMY continued to grow in March but the pace was moderate, says a survey by the National Association of Purchasing Management. The association, which surveys its members monthly, found that while production was at its highest level since June 1984, new orders
      Reuter  -  255 words
    • 386 7 AP INFLATION ROSE in poor countries but dropped in the US and other rich countries last year, said the International Monetary Fund on Sunday, on the eve of a semi-annual week of Joint sessions with the World Bank. Fund officials calculated the increase in
      AP  -  386 words
    • 173 7 Reuter OIL EXPORTING developing countries have warned poor states that the sharp drop in oil prices will reduce their development aid payments severely. The warning was issued to delegates of the Group of 24 developing countries meeting in Washington for preliminary discussions prior
      Reuter  -  173 words
    • 76 7 UPI THE LIBYAN army will overthrow Libyan leader Muammar Gaddafi because of the war in Chad and other problems. Abd Hamid Bakusch, the former Prime Minister in the government toppled by Gaddafi in 1969. told a West German news magazine on Sunday: "Time is running out." He
      UPI  -  76 words
    • 438 7 NYT COUNTRIES that do not protect American copyrights, trademarks and patents could be denied tariff concessions by the US, while American laws would be stiffened to prevent sales of pirated or counterfeit goods in the US under new Reagan Administration proposals to be announced
      NYT  -  438 words
    • 343 7 UPI FRANCE'S conservative government has announced strict new measures designed to curb inflation in the wake of devaluation of the nation's currency. Finance Minister Edouard Balladur said the government plans to adopt "serious, bordering on severe" measures, including budgetary restraints,
      UPI  -  343 words
    • 161 7 AFP A SCORE OF American prisoners in New Jersey, convicted of minor offences not involving violence, have been released to take part in an experiment using computers to see they do not leave their homes at night. Members of the group, all of whom
      AFP  -  161 words
  • Page 6 Advertisements
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  • Page 6 Miscellaneous
    • 50 6 Doonesbury SHOCKING. IT'S SO SICKENING 50 D!S!L~ UJSIONING k/*a BY GARRY TRUDEAU PUKBS AWFULLY RESOURCEFUL FOR ALL WE KNOW, Hss BACK ON TOP AGAIN, ENJOYING A GILPEV LIFE OF EVEN MORE POWER ANP PERKS! x wMb II I I'VE FINISHED THE STABLE, YOUR VENALSHIPS. n m m m i i
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  • Page 7 Advertisements
    • 203 7 •> ;-l4 4 4 Since 1967 Ammonia manufacture Malaysia Since 1976 Production of high puntv Solvents Singapore 4 m Since 1981 Performance Chemicals Technology Centre in Singapore now serving Asia Pacific Our experience is only matched by our resources and facilities. Experience is only valuable if you learn from it.
      203 words
    • 168 7 How we transformed a floor With 19 workplaces an integrated office for 30. Change Move Addon Keep-it-simple These are familiar words to all inner space designers. But how many are there who can help you to plan and design your limited floor (A, space cost-effectively? Our records show that after
      168 words
    • 3 7 Leader, Page 8
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  • FEATURES
    • 527 8 COPYRIGHT PIRATES are of many types. Some are "honest" businessmen trying to earn a living in the only way they know. The concept of copyright is alien to them. They cannot see any harm in selling a %2 music cassette or in photocopying a book for little
      527 words
    • 1198 8  -  New techniques developed in construction will be used in English Channel project By MARIE OKABE UPI AKIRA SATO's battle against rock and water ended when two underwater passageways connected with a gush of air to form the world's longest tunnel. Now he wants to
      UPI  -  1,198 words
    • 475 8  -  Letters to the Editor Y T Lu Sinclair (Mrs) The Singapore Society af Accaaataats DEAR SIB, Your report headlined "Keen contest expected in accountants' elections" published in BT on April 3, may have given rise to a misapprehension which we wish to correct. Your
      475 words
    • 126 8  -  Miss Soh Sun Oh Public Relations Officer SES DEAR SIR, We refer to the letter "SES must guarantee members' integrity" by Equity in your columns of March 31. SES's stand on the obligations of member companies has been made very clear in its press release of
      126 words
  • Page 8 Advertisements
    • 114 8 The comfort in our Business Class really compares rather well. Marcel Breuer, "Wassily Chair", Knoll-Collection, 1925. Le Corbusier, "LC2". 1928. Eileen Gray, "Bibendum", 1929. Mies van der Rohe. "Barcelona Chair", Knoll-Collection. 1929 Charles Eames, "Lounge Chair". 1956. Harry Bertoia. "Diamond Chair". Knoll-Collection. 1952. These seating classics can be compared with
      114 words
    • 40 8 Office Suites from 30 to 200m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 Tan Chong Realty (Re) Ltd 15 Queen Street Singapore 0718
      40 words
  • Page 8 Miscellaneous
    • 664 8 mmwm CRYPTIC PUZZLE ACROSS 3 It's in the blood of those Rumomons (5) 8 Woman or dignitary (5) 10 The way to get frozen? (5) 11 Front man' (3) 12 Some plons I hod to moke o sash (5) 13 Townsman' (7) 15 A chop to try out with hesitation
      664 words

  • SPORTS
    • 417 9 AP THE NEW YORK YANKEES, criticised by owner George Steinbrenner last week for its lack of spring-training clout, showed its power on Sunday. Dave Winfield hit a grand slam, Willie Randolph a threerun homer and Ken Griffey a solo shot as the
      AP  -  417 words
    • 62 9 Reuter AMERICAN Pat Bradley, taking advantage of compatriot Val Skinner's two-shot penalty for hitting out of bounds on the first tee, shot a one-under-par 71 on Sunday to capture the Dinah Shore Open title in California. Bradley, who won $75,000, finished with a 280 total
      Reuter  -  62 words
    • 400 9 Reuter KEVIN CURREN won his first singles title in more than a year on Sunday by beating fellow American Tim Wilkison 7-6, (7-5), 7-6, (7-2) in the finals of the U*****,000 WCT Atlanta championships. Curren, seeded fourth, served just eight aces but kept
      Reuter  -  400 words
    • 647 9  -  Filipino veteran eyes senior circuit By WALTON MORAIS OLD GOLFERS, like old soldiers, don't die. They just move on to the senior circuit. But unless Ben Arda is allowed to join one pretty soon, Asia's Big Ben could stop ticking. At 55 years old,
      647 words
    • 337 9 Reuter BRITAIN'S Sandy Lyle held off a final-round charge by American Andy Bean on Sunday to win the Greensboro Open title with a two-under-par final round 70 for his first US tour win. Lyle, the British Open champion who tied the course record on
      Reuter  -  337 words
  • Page 9 Advertisements
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      145 words
  • Page 9 Miscellaneous
    • 1406 9 to sm mms Michael York (third from toft) at D'Artagnan who trios to bocomo a muakotoor. TUESDAY PREMIERE Tho Throo Muakataors 10.30pm, Channol 5 A likeable version of the Alexander Dumas classic with a solid star cast comprising Oliver Reed, Richard Chamberlain, Michael York, Faye Dunaway, Raquel Welch and Christopher
      1,406 words
    • 5 9 Play gol£ the Sevvy way
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    • 38 9 BriStoW: Fmnk Di cken£ 35 SSI UL, .ook Pufofce is UN HftUDS, (so To SPeBK. mosr PR£Ttv" &«G».... F\U- TM6.TOP BRP\SS c~ UOILL "T»4OSe D\ReCToR.S STiLL l|s| THe PuE-ftse. Gjototmc e>oßßDßoorn U3H£R€_ VOTiSG IS p\SOOT TO "Tp>K£. i
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  • INTERNATIONAL COMPANY NEWS
    • 493 10 Cash-only offer of A 57.70 a share Reuter BELL RESOURCES LTD is offering A 57.70 cash for shares in the Broken Hill Pty Co Ltd, BHP. The cash-only bid replaces the $7.70-a-share cash or one Bell share plus $2.50 cash bid, withdrawn on March 24.
      Reuter  -  493 words
    • 114 10 Reuter INDUSTRIAL EQUITY Ltd (lEL) is withdrawing its partial bid for North Broken Hill Holdings Ltd (NBH). lEL was dropping the bid because of the difficulties and delays caused by legal proceedings over shares bought earlier, chairman Ron Brierley said in Sydney yesterday. The
      Reuter  -  114 words
    • 143 10 Reuter BELL RESOURCES LTD's A 57.70 a share cash offer for almost 21 per cent of Broken Hill Pty Co Ltd shares is no more acceptable than its previous bid, BHP managing director Brian Loton said. "It has the same deficiencies, it's
      Reuter  -  143 words
    • 486 10 NYT MORE AND MORE professional money managers are looking abroad, especially since the surge in the American market has made it difficult to find bargains in domestic equities. The overseas equity markets taken together are about as large as those of the US, but
      NYT  -  486 words
    • 185 10 Reuter AMERICAN EXPRESS Corp expects to report a record first quarter, exceeding the US$l52 million or 67 US cents per share reported in 1985 and topping the previous first quarter high in 1983 of $162 million or 80 cents per share. The company
      Reuter  -  185 words
    • 102 10 Reuter THE BOARD of S and W Berisford PLC is considering the bid from Hillsdown Holdings PLC in the light of discussions which are taking place with other interested parties and will advise its shareholders shortly. Hillsdown said it would offer nine of its ordinary
      Reuter  -  102 words
    • 182 10 AFP THE WORLD'S most expensive building, the U*****.3-million headquarters of the Hongkong and Shanghai Banking Corporation, opened in a ceremony yesterday. Hongkong Governor Sir Edward Youde and the chairman of the banking group, Michael Sandberg, did the honours. Four years of construction saw costs snowball from
      AFP  -  182 words
  • Page 10 Advertisements
    • 629 10 t J?v wmsmmmmm 'J! H w T I r? aa kl& 1.-*.. vteMZim i 5 Jfa V. a^: ;r HUANG PAIA W» ii V: *3 ry y Q $0 i'* HP tr UL<* 3* Lunch J lam to 2 30pm daily Sundays and Public Holidavs Bam to 2 30pm •In
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    • 191 10 ;> V r> Compliments of the house At Feng Cheng Ldu.Teochew Seafood is our speciality And to salute all you good customers, a free dish of deep-fried prawn meatballs is yours when you order from the a la carte menu Come soon for lunch or dinner and treat yourself to
      191 words

  • ASIAN STOCKS
    • 453 11 HONGKONG: Share prices closed sharply higher yesterday as the Hang Seng Index posted its biggest single day gain in more than eight months, brokers said. It rose 47.80 points to close at 1,691.60 its strongest rise since it jumped 83.20 points on July 19 last year. The Hong Kong
      453 words
    • 276 11 AC* 07 NT Lien Hwa Indus 12 10 -05 Non Yo Plos 35 00 -03 AN Sincere InArs 276 -0 12 Pacific Cons 23 20 -09 Ask) Cement 23 90 4)5 Pocitic Elect 1420 -05 Cathay Cons 32 00 -04 Wire Chong Hwa Bank Chen Loong Chio Hsm Cement
      276 words
    • 461 11 TOKYO: Prices yesterday drifted lower in dull trading as the market continued its downward correction after a short upturn last Saturday and yesterday morning, brokers said. The market average lost 62.35 points to close at 15,061.98 after gaining 104.52 last Saturday. Turnover was a moderately light 380 million shares
      461 words
    • 65 11 AM 07 Pesos Morsteel Orientol B Philex B 001 021 0 0005 Pic op B Apex Mining B 0011 PLDT 82 17 -05 Bosk Petroleum Benguet Con B CDCP 0 0026 0 0004 Son M.guel B 110 +2 Seotront 46 0006 10 25 unch unch First PhJ HkJgs 4
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    • 445 11 SYDNEY: Australian share markets closed easier in quiet trading as buyers moved to the sidelines to wait for details of Bell Resources Ltd's latest bid for BHP, brokers said. At the close of trading the All Ordinaries Index had fallen 5.2 points from its previous close to 1,148.5 after
      445 words
    • 95 11 APR 07 Won Hyundai Motor KAL 2400 1160 24 -10 713 Korea Frit 740 unch Bar*. Seoul unch 2310 OiolmjM 0ti 675 44 Yukong unch Commercial Bk 735 5 KoreoSh<> 408 20 Doebm Ind 620 -20 Lucky Ltd 1125 -27 Daewoo Corp toes 22 1150 -30 Doewoo Ind 1291
      95 words
    • 94 11 Reuter HK-TVB LTD and Shaw Brothers (Hongkong) Ltd have requested that trading in their shares be suspended after representatives of the two companies jointly met representatives of the Commissioner of Securities. An official of the Unified Stock Exchange of Hongkong said further announcements
      Reuter  -  94 words
    • 304 11 Reuter THE PHILIPPINE government has sequestered shares held by close associates of deposed president Ferdinand Marcos in two of the country's biggest companies. Jovito Salonga, the head of the Commission on Good Government, said yesterday that stocks owned by businessman Eduardo Cojuangco
      Reuter  -  304 words
    • 211 11 Reuter THE BANK of Thailand on Friday extended for another 10 working days its decision to allow First Siam Financial Corp to freeze repaying maturing debts. The head of the central bank's financial institutions division, Supachai Phanichapakdi, said the longer repayment
      Reuter  -  211 words
  • Page 11 Advertisements
    • 166 11 K xarr- m ma 3 ,x\». T K r m a C'' Ml W;"", 5# i #f=P *»f" 'r i: v -y^ s i .v {-..-i. The start of an experience so authentic yet unique. OR l®E5B r I Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m.
      166 words
    • 114 11 TT v" ♦> j^S* m; Things are coming up Cherry Blossom. It's Cherry Blossom Festival at the Unkai with: •Sakura Kaiseki, a special meal celebrating spring •Complimentary Sapporo Beer, sake, soft drinks and juices •Attractive prizes to be won! Just spend $50 and participate in the special Fukubiki draw. Ample
      114 words
    • 177 11 Excefiior Eta.uetie We stake our reputation on our steaks. Whether its Sirloin, Rib Eye or Minced Beef. You would find them tender, succulent and exquisite. And our Salad Buffet is just as impressive. Lunch: 12pm to 3pm Dinn«*r: 7pm lo 11pm (closed on Sundays) (q%&) £-S/vga«P« (git?) izxccffior note/ 5
      177 words
    • 135 11 >3* m WIN A IMP TO MANCHESTER From 4 to 13 April, Harry Ramsden s. the world s most famous fish chip restaurant*, will be dishing up a feast at Hyatt Regency Singapore. Anyone ordering fish chips during this period can take part in a simple contest with three double
      135 words
    • 243 11 *rm r JH You can taste it with your eyes BUSINESSMAN* UUNCH (Dailvi $14.00 for 2 (4-course Set $21.00 for 3 (5-course Set $28.00 for 4 (6-course Set $35.00 for 5 (7-course Set persons Lunch) persons Lunch) persons Uinch) persons Lunch) A la carte authentic Sichuan Cuisine also available. Cater
      243 words

  • RAW MATERIALS
    • 418 12 Reuter SEPARATE PHYSICALS and futures contracts should replace the present London Metal Exchange (LME) trading system, Holco Trading Co Ltd director Mike Metcalfe said in an open fetter to LME's chief executive Mike Brown. LME trading contracts would become purely physical contracts, eventually to be
      Reuter  -  418 words
    • 210 12 AP ISRAEL has discovered two commercially viable uranium sites, and a team of Israeli experts is offering its services for similar explorations around the world. Haviv Tsafrir, a director of the Sorek Nuclear Research Facility, said on Israel Radio last Saturday that aerial surveys
      AP  -  210 words
    • 147 12 UPI THE UN FOOD Agriculture Organisation has reported that world cereal stocks should rise by 20 per cent to a record 377 million tonnes between March 1965 and April 1966. Global cereal supplies should grow to 1.993 billion tonnes, 156 million
      UPI  -  147 words
    • 338 12 AFP NEPAL is finding difficulties in selling its jute stocks, which it was hoping would bring in much-needed foreign exchange following a devaluation of the Nepalese rupee. Nepal had planned to earn about US$9 million by the end of the financial year in July
      AFP  -  338 words
    • 106 12 Reuter EXPORTS OF RICE from Thailand to the United States are illegally subsidised and will be assessed duties. The US Commerce Department said last week that in the first six months of 1985, exports of Thai rice arriving in the United States
      Reuter  -  106 words
    • 292 12 SINGAPORE The market closed lower yesterday with May One RSS buyers quoted at 153.50 cents a kg, down two cents from last Friday. The morning session lost two cents, after fluctuating uncertainly on long liquidation and some short-covering in light trading. Prices were little changed in very quiet afternoon
      292 words
    • 332 12 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 152 00 153 OON 153 00 154 OON Int 1 RSS May 86 152 50 153 50 153 50 154 00 Int 1 RSS June 86 154 00 155
      332 words
    • 111 12 (cents/kg, 1-ton pollets) MAY 86 JUNE 86 (current month) (forword month) RAS NOON NOON Buyers Setters Buyers Sellers SSR 20 153 00 155 00N 154 00 156 OON SSR 50 149 00 151 OON 150 00 152 OON MRELB Buyers Sellers Buyers Sellers SMR CV 21 1
      111 words
    • 147 12 THE PRICE of tin en the Koala Lumpur Tin Market vm fixed at MSI4.M per kg yesterday. No price was fixed last Friday, but yesterday's price was II cents above the $14.M fix April S, the lowest traded price slace the KLTM resained trading after a three-month desire
      147 words
    • 187 12 MALAYSIAN crude palm oil prices held steady yesterday at the close on light covering interest. Trading was thin and cautious all day as operators were reluctant to hold positions amid erratic movement on the palm oil futures market. Continued strength of the US dollar against the ringgit also
      187 words
    • 64 12 Reuter FIRE DESTROYED more than 150 tonnes of rubber stored at a privately-owned smokehouse in the state of Kedah last Saturday, a spokesman for Lam Eng Rubber Factory (M) Sdn Bhd said. The spokesman said total losses, including machinery and the building, were estimated at about M
      Reuter  -  64 words
    • 431 12 AFP KENYA'S coffee producers are sceptical about reports of an impending "boom" and hope the widespread corruption and smuggling that occurred during the last "windfall" 10 years ago will not be repeated. Drought in Brazil, the world's largest .coffee exporter, generated strident headlines about
      AFP  -  431 words
    • 260 12 Bernama A MUSEUM on the tin industry, believed to be the first in the world, will be set up in Perak soon, State Executive Councillor Haji Dzuikarnain Abdul Rahman said last week. Haji Dzuikarnain, who was elected museum chairman to
      Bernama  -  260 words
    • 146 12 Reuter THE JAPANESE GOVERNMENT should promote agriculture imports and review its agriculture pricing policies, an advisory panel to Prime Minister Yasuhiro Nakasone said. "With the exception of basic farm products, efforts should be made toward a steady increase in imports of products (including agricultural
      Reuter  -  146 words
    • 147 12 Chinese Produce Exchange Sellers' noon closing prices on Apr 7 (SJ/100 kg). Coconut oil Bulk FOB 50 00 Old drum FOB 63 00 New drum FOB 67 00 Copro Mixed (loose) 28 buyers Pepper Muntok White FOB NLW 1240 00 Sorawok White FOB faq NLW 1225 00 Sarawak
      147 words
  • Page 12 Advertisements
    • 394 12 V THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD ANNOUNCEMENT OF RESULTS FOR THE SIX MONTHS ENDED 28TH FEBRUARY 1986 INTERIM RESULTS The Directors are pleased to announce the unaudited results of the Company and the Group for the six months period ended 28th February 1986 as follows:First Half Year Ended
      394 words
    • 38 12 HONG WNONG For Businessman's Package to Hongkong. Also Macau and Guangzhou Extensions. CALL: *****22 GEKWEE ASSOCIATES PTE LTD o 268 ORCHARD ROAD #11-01 YEN SAN BUILDING SINGAPORE 0923 Training improves your Let BT show you how every Wednesday.
      38 words

  • SHARE INFORMATION
    • 4013 13 SHARE PRICES closed lower on the Singapore stock exchange yesterday as trading started the week where it left off last week. At the close, the Straits Tiroes Industrial Index was 3.09 points lower at 585.22 while the more broadlybased BT Composite Index was
      4,013 words
    • 265 13 SINGAPORE Rises NkUcm Apr it 4 April 7 Sim Lim 135 7 IT Composite 493 25 490.30 FELS 190 6 •TMKOto. *****24 *****93 Sri Hortomos 179 +5 IT OOfOS +154 +47 TDM 116 +5 "CADI -7206 -7246 Strait? Tradm, 199 +3 T v *****6 *****3 Hooa Foil
      265 words
    • 2618 13 BID and offer prtcrs 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".
      2,618 words
    • 116 13 HONGKONG Hongkong Index Monday 1050 83 Friday *****2 Week ago NA Australian Industrials Monday 1850 6 Friday 1860.5* Week ago Closed NEW YORK Hong Seng Index Monday 1691 60 Friday 1643.80 Week ago Closed Dow Jones Friday 1739 22 Thursday 1766 40 Week ago Closed TOKYO Nikkei Average
      116 words
    • 272 13 Managers' prices MARA-Bum iputr a for April 8 First B'putro 4 32 4 37 Singapore Unit Trust Second B'putro Third B putro 386 330 391 3 35 The Commerce 0 80 0 85 Fourth B'putro 3 53 358 The Sovmgs Fund 0 63 0 68" Fifth B'putro 2
      272 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 868 14  -  THE MONTH 5 THAT WAS By HOMER CHEN MARCH was a trying time for the Singapore stock market. Share prices slid under the weight of a number of bearish factors the Sabah political problem, poor corporate results, troubled brokerage houses and low commodity prices. Over the
      868 words
    • 2828 14 lOUSTMM.S Acuta (0.758) Ajwaawto (3.345) cd AMD (3.405 X!) 3.00 AkM (0 638 0.655) (I) 0 60 (9) 0 62 (4) 0 63 (2) 0 65 AIM (0 568 0575) (2) 057 (1) 058 (15) 0.56 AM (0 388 0 395) (5) 0 40 (8)
      2,828 words
    • 548 14 SELECTIVE BUYING amidst continued light selling resulted in a mixed to easier close at the Kuala Lumpur stock market yesterday. Price changes either way were small, although scattered double-digit gains were registered by a handful of industrial counters. The trading pace slowed and total
      548 words
    • 142 14 MENANG CORP (M) BM: 22nd AGM at 3rd level, Bunga Melor, Pan Pacific Hotel, Kuala Lumpur tomorrow at 11am. INCH KENNETH KAJANG RUBBER PUBLIC Ltd Co: 76th AGM at 5th Floor, Straits Trading Building, 4 Leboh Pasar Besar, Kuala Lumpur, Malaysia on Friday, April 11, at 12.30pm. CARLSBERG
      142 words
    • 1351 15 Current Ei Books Dote Totol for Totol lor payment date close payable the yeor lost yeor A B N 14% NYA NYA NYA 27% 26% Acma 5%(b> NYA NYA NYA 5% 5% Amcol 10% NYA NYA NYA 10% 9 1 %(a) Ajinomoto 15% Apr 14 Apr 24 May
      1,351 words
    • 114 15 BRITISH AMERICAN Tobacco (S) Ltd is looking for a joint-venture partner to redevelop its Hoe Chiang Road site. The cost of putting up an office complex (including land cost) is estimated at $50 million. Demolition of the old buildings on the site has been
      114 words
    • 237 15 isetan singapore-tokyo RETAIL GROUP Isetan (Singapore) Ltd has decided to recommend a nominal first and final dividend for fiscal 1985 in order to maintain its status as a trustee stock. Directors of Isetan had earlier decided against paying any dividend for the
      237 words
    • 607 15 Standby credit fails to take off by narrow margin MBT MANY STOCKBROKERS in Kuala Lumpur were disappointed that the Msso million standby credit facility did not receive adequate support for it to get off the ground. They claimed that those members who did not
      MBT  -  607 words
    • 399 15 SOME MERCHANT bankers are up in arms over the Capital Issues Committee (CIC) guideline which hold them responsible for companies' profit forecasts. They feel this is unfair as they are merely acting as advisers to the companies when forecasts are made
      399 words
    • 242 15 A PROPOSED merger of the steel' welded mesh manufacturing businesses of four listed Malaysian companies and a cooperative has fallen through. Hong I<eong Industries Bhd, one of the parties, said yesterday the scheme had lapsed on March 15, 1986. "The parties have
      242 words
    • 330 15 TOWN AND CITY PROPERTIES, in a reply to a Stock Exchange of Singapore query, said the exchange loss of S$6.51 million (after deducting minority interest) incurred for fiscal 1985 represented an exchange loss arising from the loans in foreign currencies. This amount comprised unrealised exchange loss of S35.79
      330 words
    • TAKING STOCK...
      • 491 15 By HOCK LOCK SIEW THE LONG-AWAITED guidelines of the Capital Issues Committee (CIC) to govern corporate activities in Malaysia are finally out. With the guidelines in "black and white" in a neat booklet, there should now be little doubt as to what the ClC's requirements
        By HOCK LOCK SIEW  -  491 words
      • 255 15 HARIMAU INVESTMENTS's shareholders have been deafened by the silence from the company about its mysterious $10 million provision for a loss in a listed company now in liquidation. Both the Companies Act and the details in Harimau's own prospectus issued back in 1973 state that the company
        255 words
    • 82 15 AMBASSADOR Hotel has made a total provision of $4.84 million for the writedowns it made on certain loan advances and investments during the financial year ended Dec 31, 1985. A provision of $2 million was made for the diminu- tion in the value of its investments in four
      82 words
    • 170 15 Company RIGHTS ISSUE Alcom Two-for-three lit $1 00 per share Duta Cons One-for-one (t $1.10 per share George Town Two-for-one $1.00 per share Kesong Hldgs Three-for-two t« $1.50 per share MA A Five-for-one $1.20 per share Peak Hua Thcee-for-one 1.00 per share Sateras Res One-for-two $1.25 per shore
      170 words
  • Page 14 Advertisements
    • 283 14 Views from the top Ftee with your B.T. subscription (along with 31 gee issues) VIEWS Vrt-riK Establishing FROM the wTif Foundation HE f c> r the TOP Future of Business Cnarles L Browi Doug las D. Dan fort I Take out a 12 month subscription to Business Times today, and
      283 words
    • 283 14 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP ISS AND IN THE MATTES OP CONEQUP SERVICES (SINGAPORE) PTE LID At an Extraordinary General Meeting of the Company duly convened and held at Bloomfleld, New Jersey, USA on the 31st day of March 1986 the following Special Resolution was duly
      283 words
    • 241 14 SEE KIONG PTE LTD VdMtAPV nnißii v nuwfj Wtofcg4*> PINAL Notice Is hereby given, that the Final Meeting of Shareholders shall be held, at 102 Upper Cross Street,. #09-05 OG. Building, Singapore 0105 on 9th May' 1966 at 5.00 p.m. The purposes of the finil meeting are: 1. To lay
      241 words

  • Page 15 Advertisements
    • 130 15 ANNOUNCEMENT ComputerLand Corporation and Yew Seng Computers Pte Ltd jointly announce that they have mutually agreed that from 1 January 1986, Yew Seng Computers Pte Ltd have ceased doing business using the tradename "ComputerLand" in connection with its business in Singapore. The tradename "ComputerLand" is the property of ComputerLand Corporation
      130 words
    • 164 15 3 nights accommodation for B 5,300 net with a dozen extras at Bangkok's newest landmark on the River of Kings. r >. V, •T--r mm *4 The Shangri-La hotel, Bangkok now offers today s travelling executive the perfcct lousiness hotel combined with the opulence of a river-side setting. Our Asian
      164 words

  • 467 16  -  Central Expressway to eat into Orchard Rd area By LEE HAN SHIH Property Correspondent MORE THAN $20 million worth of prime land along Orchard Road, Cavenagh Road and Clemenceau Avenue will be acquired to build Phase II of the Central
    467 words
  • 342 16 Reuter UPI A BLUE-RIBBON advisory panel to Japanese Prime Minister Yasuhiro Nakasone has called for an historic transformation of the country's economy and society to defuse world criticism of its spiralling trade surplus. "There can be no further development for Japan without this
    Reuter; UPI  -  342 words
  • 90 16 Reuter COMEX GOLD FUTURES gained yesterday morning on the short-term inflationary consequences of a strike by Norwegian oil workers. In active dealings, spot gold in New York jumped US$4.lO to $339.50 an ounce and the key June delivery rose $3.90 at $342.30. Buying was mixed from US and
    Reuter  -  90 words
  • LATE FILE
    • 45 16 Reuter A PLANNED VISIT by two British warships to .Shanghai in July in spite of London's refusal to say if they carry nuclear arms appears to open the way for port calls by US vessels, say Western diplomats in Beijing. Reuter
      Reuter  -  45 words
    • 42 16 UPI THE INDIAN government yesterday announced the award of a US$6OO million contract to a French-Japa-nese consortium for the construction of a 1,700-km gas pipeline. The consortium comprises Spie Capag, Toyo Engineering Corp and Nippon Kokan KK. UPI
      UPI  -  42 words
    • 36 16 Reuter INDIAN Prime Minister Rajiv Gandhi yesterday called on the country's silent majority to rise up and defeat extremists. His call came amid fears of more viqlence involving militant Sikhs in Punjab. Reuter
      Reuter  -  36 words
    • 35 16 Reuter WEST GERMANY'S ruling Christian Democrat Party, already rocked by corruption scandals, suffered new shocks yesterday when two ministers Heinrich Lummer and Klaus Franke quit over separate bribes affairs. Reuter
      Reuter  -  35 words
    • 27 16 Reuter THE VALUE of trade between Moscow and Beijing leapt by 64 per cent last year to i.6 billion roubles (US$2-2 billion). Reuter
      Reuter  -  27 words
    • 36 16 Reuter ISRAEL'S air force bombed Palestinian guerilla targets in two refugee camps in south Lebanon yesterday. A military spokesman said all Israeli planes returned safely and pilots reported accurate hits. Reuter
      Reuter  -  36 words
  • 220 16 FINANCE COMPANIES can expect another difficult year ahead and will face more competition even after the economy recovers, says the outgoing chairman of the Finance Houses Association of Singapore (FHAS). Mr Ng Kim Leong said: "Clearly, the traditional fields of finance company businesses previously considered
    220 words
  • 62 16 THE ROYAL Institute of British Architecture has recognised the part-two course of the Bachelor of Architecture at the National University of Singapore. This was announced by Mr Liu Thai Ker, the chief executive officer of the Housing Development Board, at the opening of the architecture festival
    62 words
  • 400 16  -  By MONICA GWEE ASSURING that was the key word at talks between British trade interests and Singapore officials over the proposed Copyright BUI. A British MP said yesterday that there would be "no difficulty" for a bilateral agreement between the two countries on
    400 words
  • 149 16 PRIME MINISTER Lee Kuan Yew says pressure in the US Congress to pass protectionist laws can be averted. In a recent interview with the Australian Broadcasting Corporation, the Premier said the chairman of the Federal Reserve Board, Paul Volker, had the task of
    149 words
  • 294 16 Reuter AMERICAN Vice-President George Bush, winding up a goodwill visit to Saudi Arabia, the world's largest oil exporting nation, reiterated in Dhahran yesterday that oil price stability is in the US national interest. But his meeting with Saudi Arabian King Fahd on Sunday
    Reuter  -  294 words
  • 161 16 Reuter NORTH SEA oil prices rose by more than US$l a barrel on European markets yesterday as analysts predicted that the shutdown of Norway's offshore rigs might last several weeks. Britain's Brent crude, the most widely traded North Sea blend, was quoted at
    Reuter  -  161 words
  • 58 16 Reuter WALL STREET STOCKS yesterday continued the downturn that last week propelled stocks to a record loss. The Dow Jones Industrial Average was down five points to 1735, extending the record 82.50point decline in the Ave sessions Last week. Declines led advances by a two to one
    Reuter  -  58 words
  • Page 16 Advertisements
    • 106 16 By Popular Demana! Quick Budget Lunch for Busy Executives only $6/- per dish Choose from over 40 delicious Cantonese and Szechuan dishes. Best selections and special menu available to help you Nisr?nniillilu Si i RED LANTERN REVOLVING RESTAURANT -x (PTE) LTD 60A Change Alley Aerial Plaza. Ijl Collyer Quay. Singapore
      106 words
    • 3 16 Leader, Page 8
      3 words
    • 202 16 Japan*** inv**ting abroad, Pag* 6 Introducing the NEW the complete Telex Management System ,»,v: k liiMllfc Visit us at Booth 4E/05, CommunicAsia 86 InfotechAsia 86, 9—12 April 1986, World Trade Centre. Converts the simplest personal Features now available on TELEXBOX 3: A DflHrkr«f%i Maccano 14on^linn computers into low-cost, high-efficiency telex
      202 words
  • Page 16 Miscellaneous
    • 53 16 Outlook for todoy: Showers over severol areas in the afternoon. Re; >ort for 24 hours prior to 7.30pm on Apr 7 at the oirport: Maximum temperature 32.1 Associated humidity 63 Minimum temperature 25.2 Associated humidity 96 Hours of sunshine 9.15 Roinfoll in millimetres nil Roinfoll this month 76.3 Rainy days
      53 words

  • SHIPPING TIMES
    • 269 17 Bernama-Antara THREE MEMBERS of the Revolving Fund Committee (RFC), Indonesia, Malaysia and Singapore, will be conducting a training exercise to combat slick oil from Malacca Straits and Singapore. The training, called "Exercise RF 86", will be led by Indonesia's Director
      Bernama-Antara  -  269 words
    • 438 17  -  By SHAHRIR ARIFF PARTICIPANTS AT the International Maritime Organisation (IMO) seminar were asked to continue to emphasise on cooperation between countries in maritime search and rescue operations. Dr Yeo Ning Hong, Minister for Communications and Information, and Second
      438 words
    • 216 17 AFP WEI YUNG-NING, chairman of the state-run China Shipbuilding Corporation, resigned on Monday following CSBC's failure to complete on schedule two container ships ordered by a Taiwanese firm, a financial official said. Mr Wei, whose firm learned late last month it
      AFP  -  216 words
    • PORTSIDES
      • 125 17 Bernama THE SARAWAK Customs and Excise Department seized a large consignment of contraband cigarettes and liquor valued at $1 million in Bintulu port last week, its deputy director, Mr Frankie Nyambui, said. He said that the smuggled goods were uncovered from a Sarawak-registered vessel, the
        Bernama  -  125 words
      • 122 17 AFP MEDICAL TREATMENT by laser will be routinely available to Soviet seamen working on factoryships or trawlers in the Far East, according to a Tass news agency report. The report said 17 lasers perfected by the Siberian section of the Soviet Academy of Science were effective
        AFP  -  122 words
      • 129 17 AFP TIBET IS soon to open its first joint venture enterprise the China Tibet International Travel Service together with Hongkong's China Merchant Steam Navigation, the New China News Agency (NCNA) reported. An agreement setting up the Hongkong-based enterprise, which is to attract tourists to Tibet, was
        AFP  -  129 words
    • 1173 18 THE UNDERLYING tone of rates of the London freight market remained marginally weaker on Friday at the end of a quiet week. Few fixtures were reported and major grain routes were virtually ignored. Great Lakes grain reappeared when Car gill fixed the Eglantime at U5514.50 (fio) for an
      1,173 words
    • 877 18 NYT WHAT SEEMS TO be a neverending flow of new automobiles and trucks moves across the valley behind the old navy piers off Elliott Bay to be loaded onto railroad cars or trucks for the trip to sales showrooms across the
      NYT  -  877 words
    • 240 18 AP THE ACHILLE LAURO, the Italian cruise liner was refloated on Sunday, hours after running aground Just outside Alexandria harbour with about 600 tourists aboard, port officials said. The passengers remained aboard the luxury ship. The exact number of crew was not known, but it is
      AP  -  240 words
    • 617 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL I 1/2 APC Line V 4 APL IH 2/3 ASCL i 1 Bott-Canada Line VII 4/5 Bolt-Orient Line VI 4/5 Bonk Line V 5 BBS II 4/5 Ben Line Cont
      617 words
    • 513 18 Lloyd's List VESSELS FLYING flags of convenience will see their advantage in operating cost gradually eroded up to the year 2000, according to a recent report. The report, published by Ocean Shipping Consultants, says that while manning costs (or
      Lloyd's List  -  513 words
    • 227 18 AFP CHINA IS TO reopen a river port near its north-eastern border with the Soviet Union to Soviet trade next month, the New China News Agency (NCNA) reported. Tongjiang harbour, at the confluence of the Heilongiiang (Amur), Wusuli (Ussuri) ana Songhua rivers would
      AFP  -  227 words
    • 187 19 AP THE CHINESE government said it has "taken note" of reports that the Dutch shipyard involved in a submarine sale controversy is now offering to sell patrol boats to Taiwan. "We have taken note of the relevant report," a foreign ministry spokesman said. The
      AP  -  187 words
    • 489 19  - P O receives firm inquiries to buy Oriana By Kingsloy Wood THE ORIANA, P O's 42,000-ton cruise ship, has been laid up in Sydney and it will stay there until the company learns if expressions of interest in buying the liner translate into good hard cash. The 25-year old ship
      489 words
    • 522 19 Reuter AP FIRE ON BOARD a Saudi Arabian tanker was extinguished on Sunday following an Iranian Gulf war attack in Qatari waters which left one crew member missing and seven injured, shipping sources in the region said. The crippled 20,400-dwt
      Reuter; AP  -  522 words
    • 230 19 AFP THE UNCERTAIN outlook for prices on the world oil market kept traders sidelined over the past week and charterers were often able to secure lower rates. Demand for large vessels out of the Gulf states area was at a minimum with only one very large crude carrier
      AFP  -  230 words
    • 187 19 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. Cbo Yang shipping. AMRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • 101 19 G M (JERRY) Cople has switched camps. He has joined American President Lines as vice-president, marketing in charge of corporate sales and marketing, after spending 24 years in Sea-Land Services. Mr Cople Joined Sea-Land in 1962 and through the years he had held a wide range of
      101 words
    • 502 20 April 9 Profitability of small ships, 1740 hrs. The Hon Company of Master Mariners, HQS Wellington, Temple Stairs, Victoria Embankment, London WC2. April 14 Information on the quality of marine fuels which may be beneficial to improving existing standards 1730 hrs, Institute of Marine Engineers, 76 Mark Lane,
      502 words
    • 6465 24 3®a3G)gEß 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
      6,465 words
    • 734 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location K Chance 25E 08 4.86 1600 Straits Cont Fl 0700-0800 G3 Pegasus P 424N 08 4.86 2000 Straits Cont F1 1100-1200 K1 Selandia 086 08 4.86 1700
      734 words
    • 1676 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A- A Top Enterprises ft» Ltd Some (SI At Sluppmg Bousteod Shpg Agencies Aleo Lme A trie on Shpg Agencies (S) AHrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping A gencies (S) Mults>ort
      1,676 words
    • 555 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bunga Setawar K19 Leo Shpg alongside 08 4.86/1900 Ned Loire K12 N-EAC alongside 08 4.86/2000 South Glory •K19 Sin Shpg alongside 08 4.86/1100 Ttanshut K28 Y Fung alongside 08 4.86/2300 Wangting K35 Y Fung alongside 08 4.86/1500
      555 words
  • Page 17 Advertisements
    • 839 17 lumbers I >' H !M' I Ml.u OOCL ORIENT OVEfQEAS Co*tcum\ UNE STRAITS/EUROPE EXPRFSS SERVICE MROME SHPPWG AGENCES (R«t No 242*4/ OCR) 70 Shenton War *0403 Manna House Singapore 0207 TH *****11 TELEX NO RS 2*179 CfS OfFCE TPC #***** M *****31 an* *****32 Terminal ottice TPC #***** TO *****90/*****93/*****01
      839 words
    • 65 17 JSMDB AS THE TRAFFIC has grown, economists ond labour unions have come to realise that Detroit's loss to automobile imports has been the US west coast port cities gain. Page II THE ORIANA, P O's 42,000-ton cruise ship, has been laid up in Sydney. Page 111 Index to advertisers 11
      65 words
    • 1110 17 *0 FESCO LINES T r m FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE /K? M/ /W/ w/ PRE-RATE INCREASE LOADERS SINGAPORE/USA Mc-Kinney Maersk Maersk Clementine Leda Maersk VOY 8604 VOY 8608 VOY 8606
      1,110 words

  • Page 18 Advertisements
    • 464 18 V O T T *\T F YAMA3HITA-SHINNIHON LINE X mkj MJM 2. T JJJ TRAMS-PACIFIC SERVICES STRAITS FEEDER Pacific South Wml I Pacific North Waat Faadar at Kao I Faador at Kao Atlantic/Canada Faadar at Koba ■ccfrtinq LCL C ■l'.V rrrinn ann im FTT* li/Jl FTM i k hmm I
      464 words
    • 216 18 Supercarrier Service H HKH hb in H MBMD NIXT MWyMSIANKR TA4TA 27/1. BARK* 5/4. POSAW 17/4. WK« ««SfUS 27/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA fi a/5 n> v» u/i n a/« i 5/7 3/7 Mu act** c«#t M IWa (WU). 1 Frad». MM. SMta mdimtfm I
      216 words

  • Page 19 Advertisements
    • 753 19 The Straits Steamship Group m Mansfield Container Shipping Re Ltd Overseas Containers Limited w STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COMTAiOSHP SERVICES TO/FROM I [CONTAINERSHIP SERVICE TO UK/CONTINENT «casus mx kgasus run kW/H Apr 15-16 Apr BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 SINGAPORE TO SABAH,
      753 words
    • 700 19 Franco Belgian Services t ,i»« hr. ii, b r> i. t« ir/i o in I if I i-li"i I com mo sawaioj QBOTM. OKF KOKAN WCUM KPTUK CSnTm ItOnn f* Dates nfeated Bractete carpi to/tan Ml transuded SP CHARGEURS HAVRAISE vmry t INE S«l US MB mCATOB a Tomro Sport
      700 words

  • Page 20 Advertisements
    • 534 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carria(e to Scandnavia, Med, Carribean tS. America Hand haiiaje to inland destinations in Europe S-p*re rUdiPt—nlfinnMbj* Cum Hh»| Ma Biattn A»««P 14/4 12/4 10/5 11/5 14/5 i 9/5 11/5 13/1 9/6 13/5 15/5 17/5 12/t 15/6 26/6 20/6 24/6 17/$ FROM N CONTINENT &UK IMPORTS
      534 words
    • 715 20 /F/ Hai Sun Hup Co (Pte) Ltd m TEL *****06 (20 Lines) TLX RS ***** RS ***** I ASH K\ \R INI R. I I I). Specialist in RO/RO Service Accepting heavy-Sfts upto 80 K/Tons Sailings from Japan «nut SOUTHOm C*OSS VC9 BlT*** S*IU *1 SKI MEISH V 34 MMCE
      715 words
    • 548 20 EVERGREEN Full Container Service Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) IH» »rc W« CMS I TO OS* PUS klg ksg 21/1 23/ C WG SGP 24/4 25/4 AD WG FLI Stf 5/5 14/5 11/5 15/5 21/5 24/5 14/4 17/1 M/ 4 4/5 4/5 IK* GENTLE 11/4 EVER 10WWK 20/4 EVE* GENRJS 27/4
      548 words
    • 190 20 as I NOSE MARITIME PTE LTD KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC srm pm i Queen 15/4 Cosmos 15/5 Lm. Orobay. P .Moresby, Honiara, ItabaM. Suva Ifcwak. Madant Lac, P Moresby, Honiara, Kieta, SY SUN UNION LINE KARACHI SERVICE SMGAPORE PIELMG PENAM LOW FOR TAIYO MARINE LINE WEST
      190 words

  • Page 21 Advertisements
    • 845 21 PACIFIC INTERNATIONAL LINES UTVU PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT OOWA KOTA SING A JKT SBV SIN IS/4 IS/4 21/4 2S/4 1/5 S/S 10/5 12/5 HKG KAO "TCM KEE BUS *MUR «HTC YOK KOB KEE 2S/4 27/4 2S/4 2S/4 1/5
      845 words
    • 805 21 BEN LINE CONTAINERS ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE ■k. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUNEA AND SOUTH PAOFIC KORLOON BAT/TKA S SS [I Hk( P Moresby Sum A*/ Taw lapiet Tmaru f 10/4 I 16/4 13/5 11/5 22/5 25/5 27/5
      805 words
    • 500 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA IHOONESIA e P.T. TRIKORA LLOYtt 'express semi containership services' SINGAPORE TO EUROPE spaniang vi rm A VESSEL GANDA GAMA VISNB OCEAN PRMA V4W LJ. BONTAItt Vt*B Spore 7-10/4 10/4 20-21/4 1-3/5 44/5 BRbaaßreintn Adam/Rdam Ldn Hamburg
      500 words
    • 342 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loa«fin{ for Ranfoon Ma pre V 3 Pagan V9SW Htoneywa V/ 211 *lOAOMG FOR EUROPE Spore PJi 12 Apr 20/23 Apr 1/3 May V* BANK LINE SOUTHBOW) FROM UKC TO PUS t DARRRN arOEBANK VI7S Sport 10 5 FORTWAM VICS Sport
      342 words

  • Page 22 Advertisements
    • 1344 22 [V K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FFFDFH m MOTKH HI CHOW BMDtt *54 MAUU ¥0401 SPORF PRIG PNC SPORF KOK GUAtAQUR CAUAO MKD RJUQUI AFA6ASTA S ANTONR) *ALPARABO 11 Apr 12 Apr 13 Ap IS Apt toy skm 13 km 14 tot 15 toi 17 tot CENTRAL AMERICA/CARIBBEAN
      1,344 words
    • 779 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers p 11"« Vessel S port ltfc.it Finn Sydn Aho ESTECIIPPER 7? Apt CALABAR 6 Mir ESTfCLWER 75 May RAMOAS 17 Ap. RAVOAS IS Apr tHANDDAS 30 Apr MBSIOAS 7? Kb, RAMOAS 12 |«n Mrtb htm Sydn Also Acce» 77 Ap. (May 4 May
      779 words
    • 627 22 GOLDEN LINE GUAN GIMN SHFFMG (PTE) LID 23. I*l »r* »tm« 9KOTK 0104 TU SJ4JUI (II IMS) STRAITS/PERSIAN GULF SERVICE: GQ.OCH KM Co4o*nbo Onb» Oofcj Rjhmn 19/2S Apr eOIKII H*K* Cotomb# *»Kl* >*«" 21/» Apr PMm| Pnuflf CHMA OCEAN SWUNG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA k ::>M a
      627 words
    • 563 22 f INTRASEA (PTE) LTD 10 Anson R'>ad "27 16 Internationa Pa/a Singapore U207 Te *****1 1 (1 C.L nes <► BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TFL *****22 8 LINES) TELEX RS ***** PHILI Y ICt 1 FQ EU STOB > —I ■Mil-EAST ran 12/4. IJ/4, »/4
      563 words

  • Page 23 Advertisements
    • 725 23 BS uv NOL NEPTUNE ORIENT LINES LTD tmm Sp«f NEPTUNE AGENCIS PTE I TO. Tci No otter It.rn.ijl CfS WOMBS *****77 ft ED/AUSI (PA/SEA 271W77 *****22 *****53 01 OMECI l*S 27»753 *****42. Toatw HARPER MU SOU BTO "6110 P *Hjn, HARPER MRA SOU. 3W?U P tor* HARPER N*A SON BHD
      725 words
    • 327 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON VSIS Ni I Oonwi M2N DMM/HM No 7 Dan/Mil Hi i hm WH Ni I Deium &03N Hi 7 Oma/tMN lb 1 DnaatMN Nit Dm/HW Ni I Daum &04N <, piwi *t.»«its N» PTtINI *GINC» S
      327 words
    • 619 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHWNG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Teiei Numbers RS ***** RS ***** RS ***** P KFIANG MS SHAWM T ft AH SOON SON BHD IST ANO 2ND FLOOR NO 1 lAIAN CFMPFNWG PORT
      619 words
    • 150 23 f K&S LINE JAPAN STRAITS SERVICE PKetanf Pen* »/4 11/4 15/4 17/4 S'pert PIA 13/4 12/4 14/4 15/4 23/4 CORAL STAR FOR TIM CLFftJ nONEDt SEA TROPICAL MARRIA GREEK m. SUN FIORCS 21/4 23/4 25/4 27/4 SANKYO LINE (S) PTE. LTD. 37 SomcrMt Ro»d #06-01 Ng T»ow Yhee EJldg S
      150 words

  • Page 24 Advertisements
    • 385 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSEL CITM fXB ESDZM IBCT £5?7Z11 r7TrFT^T*iTTrTML'*^ J 'xir7r?nl LLHH SSH BHUM SEA FOBTIM ■FM EazH I! IrfZ FTFTTTI ■83QE521 CEIES2B Ilium E3Q| TO SOUTH THAILAND EZH EULM mittj nna^'j CllMttUii r MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENAN6/WIEKLY TO
      385 words
  • Page 24 Miscellaneous
    • 176 24 Weather W/i Of PS S 0 Us f .4' N v\ 5< kcs ■i m 9 KSiiS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c cT w Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c X\ A Weather Wmd direction with speed
      176 words

  • Page 25 Advertisements
    • 48 25 242HSS/242*56/*****41/*****93 F *****1/4 TEMML *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****6 22SKI/*****5/*****5 FAR EAST EUROPE CONTAINER SERVICE 18Z38G2 \M A TTTirf 1 ■ITTfiTTI UninMliaillßUEZirMinMiTf [Tf TTTTTTTW [LuS3Sa3UgMig»TMMfMmnTiC7TTi MIIIMHTI ii,,, ■EJC!IITTiMTTy™-r-wnrTTTi STRAITS TAIWAN/JAPAN CONTAINER SERVICE H IH 1.--II.Vr. SEA AUSTRALIA CONTAINER SERVICE ii Mwmn^ MISC BULK TIMBER SERVICE —■TEMTTI Fill t i :irTTrrirrf[gUimtmmßßlEmClllirTTr»i
      48 words
    • 0 25 )_<=}/?_*)`)*;[:`|,))]*^".&:(~_
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    • 55 25 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCAN DNAVIA) i ROTTERDAM 3) LONDON TO RED SEA-MEDITERRANEAN TO HONG KONG-TAIWAN-JAPAN CL2 FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA-MEDITERRANEAN R. ta Rnrt/UJ 31/1 4/5 Nedlloyd EAC OFFICE BOOKINGS TERMINAL SPORE: *****89 *****95 *****84 *****98 PORT KELANQ: *7101/7 *****1 PENAMQ: *****6 *****0 JOMOftEBAHRU: *****7 *****7
      55 words

  • Page 26 Advertisements
    • 333 26 c •W MitsuiOSK.Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRIC KRITI GARNET OCEAN ELITE ASTRA PEAK EARNEST VENTURE AFRICA MARU WEST AFRK MARIS OTTER 10 Apr Mombasa. Daressalaam. Tanga. 15 Apr Mombasa. Daressalaam 24 Apr Port Louis. Reunion 1 May Mombasa. Daressalaam. Tanga 26 May Port Louis. Reunion 10 Apr P Noire, Abidjan,
      333 words