The Business Times, 15 April 1986
1986-04-15
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The Business Times
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Title Section13 1986-04-15 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, APRIL 15, 198 C 75 CENTS13 words
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Article, Illustration527 1986-04-15 1 HOMER CHEN - By HOMER CHEN FORMER Pan-Electric Industries director Peter Tham Wing Fai, 38, will be charged today or tomorrow morning, at the latest, for his role in the now collapsed industrial group and its related companies. Officers of the Commercial AffairsPicture by Tan Suan Ann - 527 words
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Article, Illustration463 1986-04-15 1 LORETTA McLAUGHLAN - Reports of KL debt rescheduling worry investors By LORETTA McLAUGHLAN REPORTS that Malaysia was considering delaying repayment of its debts helped to send the Straits Times Industrial Index, the most widely watched barometer of the Singapore stock market, down 8.33 points yesterday to its463 words
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95 1986-04-15 1 THE LLOYDS-Standard Chartered takeover battle in London hots up with the entry of billionaire Khoo Teck Puat who has been buying Stanchart shares. He joins big names such as BAT Industries and American Express which are said to be potential rival95 words
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195 1986-04-15 1 A JOINT APPROACH by Singapore and Australia to the development of trade with China has been agreed upon by both countries in Canberra yesterday. Officials said that Australia's Prime Minister Bob Hawke, during talks with Prime Minister Lee Kuan Yew, had195 words
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Article92 1986-04-15 1 AP NINETY-THREE former ruling party members opened their own session of the abolished Philippine National Assembly in a hotel discotheque in Manila yesterday with a call for civil disobedience. With more than 2,000 people chanting "We still want Marcos" in Tagalog outside the State Universi- ty'sAP - 92 words
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415 1986-04-15 1 CHUANG PECK MING - By CHUANG PECK MING GRASSROOTS union leaders have come out in support of major employer groups in their attack on companies that want to continue paying employees the Central Provident Fund rate of 25 per cent. All415 words
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292 1986-04-15 1 THE POSSIBILITY that the United States would resort to punishing Libya militarily has heightened with reports that many US Air Force tanker and transport planes have been flying into Britain for the past three days in support of the Sixth Fleet which is292 words
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Page 1 Advertisements
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Advertisement43 1986-04-15 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM DOUpHN For the life of your back! V 1 PTE. LTD. Head Office: 1 Toa Payoh Industrial Bark *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Square *02-68'9, World Trade Centre Singapore 0409 Tel: *****46/743 words
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Advertisement259 1986-04-15 1 New chapter in Pan-El saga, Paga 15 Asian Stocks, Page 11 Support of •mpk>y«rs to bo sought, Back Pago SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO BRISTOW DOONESBURY OUR VIEW BENAZIR BHUTTO's return to Pakistan has been greeted by such public jubilation that some are259 words
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Advertisement140 1986-04-15 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Schiphol is a hospitable transitpoint." One would like to spend one's holi Mft. From Schiphol you can fly to 124 destinations on six continents. Everything has been made easy. In transit, you need not worry about your luggage. It is transferred directly to your140 words
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HOME NEWS
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Article, Illustration368 1986-04-15 2 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent SMALL is beautiful for a local contractor which is launching a shopping and residential project in the current sluggish market. Standing on freehold land at the junction of Thomson Road and Newton Road, Novena Garden has only368 words
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Article, Illustration335 1986-04-15 2 SAID ABDULLAH - By SAID ABDULLAH THE COMPETITIVENESS of Singapore manufacturers will be eroded if they continue to cling to their conservative ways "and cannot keep up with changing technology and consumer taste". Miss Chong Chiew Foong of the National Productivity Board drew this conclusion335 words
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187 1986-04-15 2 MR LINDSAY MacAlister, the managing director of the new Australian Trade Commission, is in Singapore for a three-day visit from today. The trade commission comprises various government bodies including the Export Finance and Insurance Corporation, Australian Overseas Projects Corporation, and marketing divisions187 words
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293 1986-04-15 2 A ROUND of food, fashion and lucky draws will be the focus of hotel promotions during the 12th International Secretaries Week from April 21-26. Holiday Inn Park View will have a continental buffet luncheon cum fashion show and door293 words
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Article, Illustration529 1986-04-15 2 Y C CHEE has been appointed the regional technical support manager responsible for co-or-dinating Data General (Singapore) technical services to distributors in Asia. HENG LIM SONG replaces him as the customer engineering manager responsible for the Singapore operations. Previous to this, Mr Heng was a field service529 words
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191 1986-04-15 2 SINGAPOREANS trooped into the Apollo Hotel last week to spend almost a million dollars on European furniture exhibited by SS Saseom Furnishing Centre. The Apollo sale, the first such promotion by the company, involved more than 100 of the latest designs from 16191 words
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235 1986-04-15 2 DOCTORS at government outpatient clinics are busy these days diagnosing more cases than usual of running noses, general muscle ache, sore throat and high fever all symptoms of influenza. A statement from the Ministry of Health said in the first week235 words
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Article647 1986-04-15 3 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Apr 23-25 Effective Purchasing Novotel Orchid Purchasing and *****53 Management Inn Supply Management Pte Ltd Apr 24-25 Enforcing Financial Pavilion Institute for *****21 Contracts in Indonesia Intercontinental International Research Apr 24-25 Loss or Damage to Novotel Orchid Institute for *****21 Goods647 words
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479 1986-04-15 3 BOEY KIT YIN - Customs inspections extended to small consignments By BOEY KIT YIN TEXTILES from Singapore headed for the US have been delayed by new American customs requirements but any major disruption to the trade has been ruled out. Under the new rules, textile479 words
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106 1986-04-15 3 THE TRADE Development Board will hold the third in the series of courses on "Import and Export Documentation and Procedure Course for Traders, Cargo Agents and Freight Forwarders" next month. Participants will be able to learn more about the assessment and collection of106 words
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Article79 1986-04-15 3 AN EIGHT-SESSION course on "Practical English for Work" will be held next month by the Department of Extramural Studies of the National University of Singapore. The course, which will start on May 5, will be conducted by Diana Kavanagh, a part-time lecturer at NUS. The course will79 words
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Article77 1986-04-15 3 AN INTERNATIONAL conference on Computer-Aided Architectural Design will be held next month by the School of Architecture, National University of Singapore, and the Applied Research Corporation. The conference, under the theme "The Architect's Computer", will show how buildings can be designed by using advanced computer software for77 words
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126 1986-04-15 3 TRADE PLATES used by car dealers and workshops to transport unregistered vehicles will be changed from today. The yellow-coloured plates used in the past were found to be inadequate, said a Registry of Vehicles spokesman. An ROV study revealed that the white126 words
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304 1986-04-15 3 DO IT BETTER, faster, cheaper and with fewer people that's the civil service productivity campaign brief for between 50,000 and 60,000 workers over the next 11 months. The highlights of the campaign, starting next month, include a seminar on efficiency studies and seminars304 words
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278 1986-04-15 3 CHUANG PECK MING - By CHUANG PECK MING THE KEPPEL GROUP'S strategy of strengthening its market presence in the world's biggest and most heavily populated countries has been rewarded with a $55 million deal for its subsidiary, Far East-Levingston Shipbuilding (FELS). FELS has clinched278 words
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Page 2 Advertisements
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Advertisement121 1986-04-15 2 U *> ;s V 4 M >+ I < 3t H a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 935. So you arrive in Seoul in the afternoon. And once you re in there, who knows what treasures,121 words
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Advertisement76 1986-04-15 2 HL WORLDWIDE COUR/ER Changing the way the world does business. FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen. Sanitary facilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.V.A. Transformers, suitable for all types of76 words
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Page 3 Advertisements
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Advertisement53 1986-04-15 3 V m 555 J ySV M H cv> ss o 1% J ECO M aSjjHKaPBCT'a-*. I R I Jn y FOR MORE INK)RMATK)N CALL ISLAND INVK.STMtNT OR JONES LANG WOOTTON Developer Island Investment Agency Corpn Ltd Tel *****44 Tlx R*****9 Sole Marketing Managing Agents: JonesLang Womrn International Real Fstate onvuhanto53 words
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Advertisement87 1986-04-15 3 The Chef carves at 8.15pm every TUesday Thursday at v\ In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to a hearty slice of this roast, accompanied with all87 words
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OVERSEAS
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Article548 1986-04-15 4 Increasing protectionist measures in export markets blamed AP INDUSTRIAL GROWTH in the developing nations of Asia has slowed down while agriculture has been on a "treadmill", with production increases being absorbed by growing populations and low commodity prices. A report by the UN Economic and SocialAP - 548 words
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207 1986-04-15 4 AFP THE PHILIPPINE government is drafting a recovery plan to guide its ailing economy (or the next six years, says a newspaper in Manila. The Business Day yesterday quoted Trade and Industry Minister Jose Concepcion as saying that the recovery programme's centrepiece, due toAFP - 207 words
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182 1986-04-15 4 Reuter THE FREEZING by Switzerland last month of all funds held by ousted Philippine President Ferdinand Marcos in Swiss banks was exceptional and will not set a precedent, senior officials said. Mathias Krafft, the director of the international public law divisionReuter - 182 words
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Article853 1986-04-15 4 ARRIVALS Operator Service number Local time From SIA UA CAL CAL SV MAS MAS MAS SQ1I7 UA2I CI33I CI 341 SV398 MH60I MH68I MH811 0005 0215 0255 0255 0440 0720 0820 0910 KUL LAX/NRT/BKG TPE TPE JED/RUH KUL KUL PEN MAS SIA CPA RBA SV OA SIA853 words
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Article, Illustration275 1986-04-15 5 AFP WINNIE MANDELA, one of South Africa's most visible antiapartheid activists, has said that racial discrimination in the country is near its end. And she seemed to hint at support for the killing of Whites by the gruesome "necklace" method hitherto reserved forAFP - 275 words
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198 1986-04-15 5 UPI WESTERN INTELLIGENCE sources say Libyan leader Colonel Muammar Gaddafi is prepared to pay US$lOO million for the six Americans held hostage in Lebanon, Newsweek magazine has reported. The magazine said that US intelligence reports indicated Col Gaddafi had stepped up surveillance ofUPI - 198 words
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465 1986-04-15 5 AP AFRICA, recovering from one of 4he worst famines in history, will produce less food in the next few years while most of the world reaps record harvests. The director-general of the United Nations Food and Agriculture Organisation, Edouard Saouma, has urged donors who pouredAP - 465 words
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386 1986-04-15 5 UPI JAPANESE Prime Minister Yasuhiro Nakasone, vowing that it is "high time" for his country's economy to change, told President Reagan he would consider adding new items to the list of goods Japan imports from the US. Takeshi Ohara, Mr Nakasone's spokesman,UPI - 386 words
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429 1986-04-15 5 Reuter OPEC MINISTERS, who resume talks in Geneva today after a three-week adjournment, will again grapple with the problem of cutting group production. But analysts said there seems little chance that the 13 nations will succeed this time around in agreeingReuter - 429 words
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Page 4 Advertisements
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Advertisement232 1986-04-15 4 p »1 •> 4? /> ,#<v c >(v r .ptf&Mii —i—iii>■ >'• Ik H are you getting jour moneys worth today? Take a second look at your security system. Because chances are you can well afford better protection and more peace of mind with APRO. APRO is a security protection232 words
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Advertisement43 1986-04-15 4 I 3 /1 I Every Tuesday. Thursday, Saturday II I I and Sunday. Leaving Changi Airport J\_JL V -LI—VJL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective 27/4/86. AIR CANADA 043 words
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Page 5 Advertisements
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Advertisement149 1986-04-15 5 v 'M 'iV SS VNgfe < .Vv e r m V.-i-' >v ffis IB m w. o $r aa, '\A'V* > •v--■.:v. iw When you fly United Airlines and need to change your schedule, it's no problem. Because United can fly you to over 150 cities across all 50 states149 words
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Page 5 Miscellaneous
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Miscellaneous63 1986-04-15 5 Doonesbury *43 MUMP THAT DO&rr WORKFORUS. HOW ABOUT4.ZONA ISV6AR SCHEDULE MJfTH COLAS? tUHAT? WW''VH DO.. t a r I 1 ■(tit Ugft MASTING VAlr uu UR UABLE TIME HERE, pujpufS,' COUNSELOR IST ME MY CLIENT 6(*ejTAWT.. WJLPUKB ClO TALK W m 'km, PUPJtS? HARRIS HSRE THIS ISN7 AN ARAB BAZAAR63 words
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WORLD BACKGROUND
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762 1986-04-15 6 Falling oil prices and weaker US dollar spur growth The oil price collapse is expected to give much of the industrialised world an economic boost. But the benefits may be felt most in Western Europe, where a more than ten-fold increase in oil prices inAP - 762 words
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Article, Illustration757 1986-04-15 6 AP CRIES OF "Death to America" and shrill threats against "US Imperialism" have all but snuffed out memory of a time when the Arabs looked to the US for national salvation. Libyan leader Colonel Muammar Gaddafi threatens worldwide revenge for US air strikes. Militant MuslimAP - 757 words
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Article, Illustration713 1986-04-15 6 AFP THE LATEST RECOMMENDATIONS for restructuring Japan's economy are a further example of Prime Minister Yasuhiro Nakasone's tendency to use teams of experts in a public relations exercise to sell his policies at home and abroad. The recommendation package was presented lastAFP - 713 words
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Page 6 Advertisements
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Advertisement126 1986-04-15 6 W 2XI COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. Like a glass of scotch or gin. Perhaps a cold beer. It's enjoying TV or a video film while your suit is pressed and a missing button is sewn126 words
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Advertisement187 1986-04-15 6 Premier Technical Analysis Software for IBM PC and Compatible Computers from the Technical Analysis Group THE TOUCH OF A FINGER IS ALL IT TAKES TO UNLOCK THE MAGIC OF COMPU-TRAC/PC. U you 're tired of performing your technical analysis the old fashioned way but feel that you just can t187 words
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BANKING AND FINANCE
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Article, Illustration669 1986-04-15 7 BMQAPORE THE US dollar yesterday reversed its slightly lower trend to close higher against most major currencies in active hut nervous late trading. The dollar opened slightly lower due to continued speculation of a US discount rate cut and weaker US economic data last Friday. It firmed to669 words
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Article360 1986-04-15 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading, dealers said. Short-dates firmed between 1/16 and 1/8 point at the outset due to a steady US federal funds rate but remained unchanged in subsequent trading. Overnight, Tuesday/Wednesday and week fixed closed at a common360 words
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Article237 1986-04-15 7 Interbank rates at 3pm yesterday: BM Oftar e ffH pgffty r n in< i Local dollar* to unit of f or mf* currency. •US dolor 2.1820 2.1830 ***** -22 61 Sterling pound 3 2271 3 2308 ***** -56 06 Australian dolor 1 5601 1 5630 3 4286 •54237 words
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Article246 1986-04-15 7 HONOKONa GOLD yesterday closed with pared gains as some local investors unloaded their holdings following a report that Prime Minister Yasuhiro Nakasone and President Reagan hoped the dollar would stabilise at around 180 yen. The bullion price ended at U*****.90/344.40 an ounce against a day's high of 845.70/346J0 but246 words
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Article401 1986-04-15 7 BA Futures JUNE EUBODOUAI yesterday opened at 93.34, lower tKan Friday's close In Slmex but 2 ticks higher than IMlf's close. After opening lower on profit-taking activities following disappointment that the Fed did not cut the US discount rate yet, the June contract traded sideways between 93.94 and 93J6BA Futures - 401 words
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Article107 1986-04-15 7 THE OVERNIGHT rate on the Singapore Interbank money market row by 1/16 point from Friday to close at 5-1/11 per cent yesterday. The one-month term rate remained unchanged while the two and threemonth term rate* rose by 1/11 each. S$ Interbank rotes ot 7pm yesterday: Offer M r«ght107 words
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Article, Illustration446 1986-04-15 7 DAVID GABRIEL - By DAVID GABRIEL Sang KancH is BT's financial futures trader. Every Tuesday Sang Kand's tactics and strategies on Simex are traced. The starting capital was 5525,000. IT WAS NOT a comfortable week for Sang Kancil. He did one deal, was caught on the wrong side,446 words
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Article101 1986-04-15 7 THE ASSOCIATION of Banks in Singapore yesterday said it had given the wrong prime lending rates, which were published in BT, for the week ending April 11 in respect of six banks. The prime rates of these banks should be one-quarter percentage point lower than101 words
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Page 7 Advertisements
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Advertisement101 1986-04-15 7 O Singapore to IjDTKta/Thursday, Saturday and Sunday Now you can wake up to a first class breakfast four days a wsek and still be in London before the traffic jam. AIR CANADA AIR CANADA FLIES EVERY THURSDAY,SATURDAY,SUNDAY>AND FROM APRIL 29, EVERY TUESDAY TO LONDON, LEAVING CHANGI AT 22.05 HOURS, ARRIVING101 words
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FEATURES
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Article544 1986-04-15 8 THE CROWDS WERE THERE, as they always are to announce the birth of democracy. Benazir Bhutto, the fiery and able daughter of Premier Zulfikar Ali Bhutto, had returned to Pakistan to lead the country to democracy, kept at bay by the firm stick of544 words
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Article, Illustration977 1986-04-15 8 NOBUKO HARA - The tradition by which Japanese employees remain loyal to their companies throughout their working lives appears to be breaking down. NOBUKO HARA reports. NOBUKO HARA FT LAST YEAR, Japan's three top trading firms Mitsubishi, Mitsui and C Itoh lost their best crude oil traders toFT - 977 words
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307 1986-04-15 8 Koh Beng Seng - Letters to the Editor Koh Beng Seng Director Banking Financial Institutions Dept Dear Sir, I refer to Hock Lock Siew's column in BT (April 3). It was pointed out in his article that in the Securities Industry Act, 1986, a dealer's right of appeal is307 words
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163 1986-04-15 8 Ong-Ang Al Boon (Mrs - Ong-Ang Al Boon (Mrs) Director Association of Banks in Singapore Dear Sir, I refer to your article in BT (April 11) on "Set loss limit for victims of teller card fraud, says Case" and would comment as follows: With regard to "lost or stolen163 words
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Article125 1986-04-15 8 Dear Sir, So far, FELS management has responded with a deafening silence on the minority shareholders complaints. What has happened to the $232 million cash and short-term deposits? Is it loaned out to Keppel Shipyard? If so, what are the terms and interest rates? Why is125 words
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Page 8 Advertisements
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Advertisement344 1986-04-15 8 Will the correspondent who signed as "Cavenagh House Occupant" please provide an address to the BT Editor's secretary. Without this we cannot publish the letter. Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Welcome to M Hexagon Corporate Electronic Banking 1 f e *w Hongkongßank's344 words
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SPORTS
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Article, Illustration1253 1986-04-15 9 JACK NICKLAUS, in perhaps the finest hour of a career unmatched in golf history, barged out of an international pack on Sunday to win his sixth US Masters title in the 50th run of the revered tournament. The legendary "Golden Bear" of the US, at1,253 words
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371 1986-04-15 9 DAVE ANDERSON - By DAVE ANDERSON NYT JUST WHEN the Masters appeared about to be conquered by invaders from all over the world. Jack Nicklaus defended American golf, Augusta National and himself. At 46, the "Golden Bear" emerged from a six-year hibernation in the major championshipsNYT - 371 words
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Page 9 Advertisements
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Advertisement32 1986-04-15 9 Seafood at Tanglin/Orchard Road Area rnitf Tanglin Shopping Centre Live" Seafood-Superbly Prepared-Best Value A 4 *4 10 FULL COURSE DINNER FROM $168 (10 persons.) Our specialities: Live Seafood Steamboat Chinese Western Cuisine32 words
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Page 9 Miscellaneous
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Miscellaneous1445 1986-04-15 9 (md mm -Y A truly gritty portrayal by Jane Alexander TUESDAY PREMIERE Calamity Jane 10.30 pm, Channel 5 Jane Alexander plays the legendary Calamity Jane, a feisty cowgirl who raised hell in the Wild West alongside Wild Bill Hickok and Buffalo Bill. The film focuses on the on-and-off courtship between1,445 words
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Miscellaneous782 1986-04-15 9 CRYPTIC PUZZLE ACROSS 3 Security device aboard a trawler? (5) 8 He is back on Monday (5) 10 He's like Martin in a way (5) 1 A broken arm would spoil things (3) 12 Instruments used in making a bust (5) 13 Select the best to be dismissed? (4, 3)782 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration620 1986-04-15 10 Technical readings signal onset of a pause, say analysts NYT ARE TECHNICAL INDICATORS flashing a correction ahead for Wall Street? A chart in a recent issue of the Merrill Lynch Market Letter shows that 85 per cent of stocks on the New York Stock ExchangeNYT - 620 words
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251 1986-04-15 10 Reuter SAATCHI AND SAATCHI PLC is proposing an underwritten rights issue to raise about £406 million before expenses. The issue would be on the basis of seven new ordinary shares for every eight current and about 12.3 new ordinary shares for every 100 preferenceReuter - 251 words
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130 1986-04-15 10 Reuter HANSON TRUST PLC has received acceptances under its offer from the holders of 226.5 million Imperial Group PLC shares, or 30.0 per cent, taking its total stake in the company to 333 million or 44.0 per cent. The offer, which is worth aReuter - 130 words
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345 1986-04-15 10 NYT SEVERAL New York banks have- posted strong results for the first quarter of 1986, helped by the fall in interest rates and the buoyant securities markets. Chemical New York Corp reported that first-quarter profits rose 14.4 per cent fromNYT - 345 words
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365 1986-04-15 10 Reuter GENERAL MOTORS Corp is offering American buyers new car loan rates as low as 6.9 per cent from yesterday until June 30 to help cut stocks. GM said most of its cars may be bought with financingReuter - 365 words
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172 1986-04-15 10 Reuter DEUTSCHE BANK AG is negotiating to take over the 40 per cent of European Asian (Euras) Bank AG that it does not already own. The chairman of Deutsche's management board, F Wilhelm Christians, said yesterday that two partners Amsterdam Rotterdam Bank NVReuter - 172 words
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Page 10 Advertisements
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Advertisement621 1986-04-15 10 Mm to wim. mm mitrMu ir It could only happen at Hotel Miramar... ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00* (except premium brands) served daily from 4pm to 7- 30pm. Delicious621 words
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Advertisement136 1986-04-15 10 Compliments of the house At Feng Cheng Lou.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 vourself to our delicious delicacies Singapore's136 words
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ASIAN STOCKS
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Article417 1986-04-15 11 HONGKONG: Share prices closed slightly higher as late buying by overseas investors erased early losses. The Hang Seng Index edged up 1.24 points to 1,785.45 alter lagging nearly 20 points by mid-morning. Brokers noted selective buying in blue chips by foreign fund managers, with HK Wharf rising 10 to417 words
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Article247 1986-04-15 11 APR 14 Al Sincere Indus Asjo Cement NT 2 78 23 80 32 30 0 1 0 3 -0 1 Lien Hwa Indus Nan Yo Plos Pocitic Cons Pocific Etect Wire 12 15 35 20 21 20 1390 1 12 0 05 0 1 02 unch 001 Chang Hwa247 words
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Article450 1986-04-15 11 TOKYO: Prices rose in moderate trading but ended the day off their earlier highs as investors showed some anxiety over the market's immediate outlook. The market average rose 70.38 to close at 15,396.76. Turnover was 430 million shares against 530 million last Friday, when the average gained 122.81. Investors450 words
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Article73 1986-04-15 11 APS M Pesos Onentol B Philex B 0 011 +0001 0 TOV) -nm AcO(« Mining Anglo Phil 0 001 2 Picop B PLDT 86 50 1 17 Bosk: Petroleum Benguet Coo B CDCP First Phil Hldgs Leponto B 0 003 no 3 25 0 0825 0 0007 unch -073 words
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Article430 1986-04-15 11 SYDNEY: Australian share markets closed slightly easier, dragged down by profit-taking after last week's gains and by a large fall in the Elders IXL share price. At the close of trading, the All Ordinaries Index had fallen 12.5 points from Friday's close to 1202.1, slightly off the day's low430 words
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Article94 1986-04-15 11 APR 14 Bonk Seoul Choheung Bk Commercial Bk Doefcm Ind Daewoo Corp Daewoo Ind Dong Ah Gold Star Homl Bk Won 725 675 730 620 1060 1300 520 1411 743 168 15 52 128 5 -15 -29 •18 20 32 3 12 Hyundoi Const Hyundai Motor KAL Korea Frit94 words
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55 1986-04-15 11 Reuter SAN MIGUEL Brewery Ltd has requested that trading in its shares be suspended immediately until further notice, the stock exchange of Hongkong said. San Miguel shares closed at HK$lO.7O last Friday. The company was 69.65 per cent owned by Neptunia Corp Ltd asReuter - 55 words
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Article45 1986-04-15 11 AP CHINA plans to build 54 oil refineries to improve the quality and variety of its oil products. It will invest US$l96 million in the projects this year and expects to earn $587 million a year from them after their completion. APAP - 45 words
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317 1986-04-15 11 Reuter BROKEN HILL Pty Co Ltd has invested A 51.22 billion in Elders IXL paper which will on conversion give it up to 20 per cent of Elders issued capital. BHP last week bought $105.20 million of Elders bonds in Europe convertible to 46.7Reuter - 317 words
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199 1986-04-15 11 Reuter BELL RESOURCES LTD will make a four-for-five rights issue of fully-paid ordinary shares of A 53.50 each aimed at raising $623 million to shareholders registered on April 29. The issue price compares with the current share market price of $4.75Reuter - 199 words
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Page 11 Advertisements
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Advertisement609 1986-04-15 11 mmm %>/ 0 ftp T X irUp I /'•> f y v i !i l| ISS^'s^ t nsaaaa- ft** Hie start of an experience so authentic yet unique. 3* r■J < 253 -"Si y Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA-MANI -INDONESIAN609 words
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Advertisement251 1986-04-15 11 You can taste it with your eyes BUSINESSMAN'S IJJNCHJ Daily^ $14.00 for 2 persons (4-course Set Lunch) $21.00 for 3 persons (5-course Set Lunch) $28.00 for 4 persons (6-course Set Lunch) $35.00 for 5 persons (7-course Set Lunch) A la carte authentic Sichuan Cuisine also available. Cater to weddings, anniversaries251 words
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RAW MATERIALS
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Article, Illustration733 1986-04-15 12 Bangkok threatens to retaliate against price support proposal Reuter AP THE ANNOUNCEMENT of a US rice price support plan has sparked widespread criticism and resentment in Thailand, where rice forms the backbone of the economy and is the country's largest export. DeputyReuter; AP - 733 words
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214 1986-04-15 12 AP STUDENT LEADERS said Thai university students planned to demonstrate at the US embassy to denounce the US rice price support plan. "We would like to call on the government to urgently retaliate and seek to condemn the US for the measure, as aAP - 214 words
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336 1986-04-15 12 Reuter LOW PRICES have helped spur renewed interest in palm oil futures on the restructured Kuala Lumpur Commodities Exchange, KLCE, dealers said. In the last two weeks, daily turnover on the world's only palm oil futures marketReuter - 336 words
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496 1986-04-15 12 Bernama TIN PRODUCING countries in the Asian-Pacific and other regions must carefully assess the prospects of increasing the production and use of tin as a primary metal and find means of effective cooperation amongst themselves, a regional economic report says. ThereBernama - 496 words
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Article189 1986-04-15 12 MALAYSIAN crude palm oil prices yesterday closed firmer on covering and speculative buying interest in line with the rise in palm oil futures, as sentiment was aided by talk of India's palm oil purchases at its import tender last week. Trade activity, however, remained thin as operators were189 words
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Article73 1986-04-15 12 Reuter MALAYSIA will hold a four-day national seminar on commodities from April 21 to seek possible solutions to declining prices of rubber, palm oil, cocoa, tin and timber. Primary Industries Minister Paul Leong said the seminar would also study production problems, new marketing approaches and expansion ofReuter - 73 words
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Article254 1986-04-15 12 SINGAPORE THE MARKET yesterday closed firmer with May One RSS buyers quoted at 163.00 cents per kilo, up 2.50 cents from last Friday'! close. The morning session gained 0.50 cents in quiet trading. Prices firmed around two cents in the afternoon session mainly on short-covering interest of forwards from254 words
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Article273 1986-04-15 12 RAS prices «s c««nAg, foc t NOON CLOSE int 1 RSS Prompt 160 50 161 50N 162.50 I63.50N Int 1 RSS Moy 86 161.00 161.50 163.00 164 00 Int 1 RSS June 86 161 50 162 00 163.50 164.50 Int 2 RSS O P 160 50 162273 words
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Article102 1986-04-15 12 (cants/kg, '-H poSets) MAY 86 JUNE 86 (currant month) (forwon i month) NOON NOON RAS B«nr«n SIITI l«y«r* SSR 20 153 00 155.00N 154 00 156 00M SSR 50 150 00 I52 00N 151 00 153 00N MRELB Stllcn Uyn Sttttn SMR CV 206 00 210 00N102 words
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Article148 1986-04-15 12 Chinwi Produce Exchange Sellers' noon dosing prices on Apr U (S$/100 kg) Coconut oil Be* FOB 04d drum FOB New drum FOB 50 00 63 00 67 00 Copra Mixed (loose) Pepper Muntok White FOB NLW Sarawak White FOB foq NLW Sarawak special block FOB NLW Sarawak Asto148 words
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Article733 1986-04-15 12 COFFEE ROBUSTA coffee futures yesterday drifted off earlier highs in very thin business to midday to post pared gains from Friday night of £15 to £19 a tonne, with most operators withdrawn. The market was expected to open around £40 a tonne higher yesterday morning based on New733 words
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Article158 1986-04-15 12 THE PRICE ef tin en the Kuala Lompar Tin Market wu fixed yesterday at Mf14.1l per klle, dm II cents trem Friday. Dealers noted seme local covering at the lewer levels bat everseas interest was again lacking as the KLTM price maintained a wide premlam ever the Leaden158 words
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Page 12 Advertisements
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Advertisement63 1986-04-15 12 Quick Budget Lunch for Busy Executives j only $6/- P er d,sh Choose from over 40 delicious Cantonese and Szechuan dishes. sl Rest selections and special menu available to help you jVJeaiso^^ iv ersat>es a° From e Charge m No c r^ H RED LANTERN REVOLVING RESTAURANT (PTE) LTD 60A63 words
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Advertisement60 1986-04-15 12 fcMiliJ Rooms Reserved For The WORLD EXPO 85 If ycxi're looking for accommodation during the EXFO'B6, call Ken Air. nights Special For Reservation Package includes: 2 nights accommodation EXPO Admission Pass EXPO Transfers Room Tax Service charge THE RELIABLE TOUR 336-0411 #02 25 Pli—w Sho<png WW 36 SWjW Roaß Swgmat60 words
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SHARE INFORMATION
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Article, Illustration4178 1986-04-15 13 SHARE PRICES tumbled on the Singapore stock market yesterday in a wave of stop-loss selling. Losers outstripped winners by 101 to 17. At the close, the Straits Times Index was down 8.33 to 567.20, its lowest level in nearly four years. The more broadly-based4,178 words
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Article285 1986-04-15 13 Sport Land KuIm Mtto Kn«t Koppol Ship P«rfa Mont Tot Loo Boi Muon Fmdh S f f N S O P Boay Eloct S P H 0 Karomot Gantmgt Sri HorYomc S 1 A M Bonking Rotoagk UOI SINGAPORE Rises IndicM April 11 AprH 14 238 ♦9285 words
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Article2705 1986-04-15 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 866) (2) 0 92 (2) 0 91 (2) 0 88 (3) 087 (25) 0 78 (I) 0 80 (17) 0 86 (16) 0 85 (7) 0 86V* (20) 0 87 (15) 0 86 (7) 0 874 Alcom (0.505)0)0.55(1)0.53 (1)2,705 words
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Article276 1986-04-15 13 Monogerj' prices for April IS Singapore Unit Trust The Commerce 0 78 0 83 The Saving» Fund 0 610 66* S'pore Prog Fund 0 31 0 33 S'pore Sec Fund 0 50 0 54 S'pore Invest Fund 0 44 0 47 S'pore Equity Fund 0 36 0 38276 words
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Article125 1986-04-15 13 HONGKONG Australian Industrials Hongkong Index Mondoy 1111 03 Monday 1939.5 Friday 1965 0* Fndoy 1110.14 Week ago 1850 6 Week ogo 1050 83 NEW YORK Hong Seng Index Mondoy 1785 45 Dow Jones Fndoy 1784 21 Week ogo 1691 60 Fndoy 1790 18 Thursday 1794 30 Week ago125 words
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Page 13 Advertisements
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Advertisement10 1986-04-15 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration820 1986-04-15 14 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI AS PART OF its international drive to find new business ventures, the Keppel Shipyard group is actively looking at investment and development opportunities in the China property market. "A number of projects in major cities with good potential for office and820 words
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528 1986-04-15 14 SHARE PRICES closed easier for the fourth consecutive session as sellers continued to dominate trading on the Kuala Lumpur stock market yesterday. Speculative industrial counters were especially hard hit and suffered hefty double-digit losses. The other sectors were dealt in line with the528 words
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Article91 1986-04-15 14 CARLS BERG BREWERY MaUyala Bfcd: 16th AGM at No 55 Persiaran Selangor, Section 15, ***** Shah Alam, Selangor, today at 11.30am. OVER8EA8 UNION See*rltfea Ltd: 9th AGM at the Mandarin Court "A", 4th Floor, Mandarin Hotel, Orchard Road, Singapore 0923 today at 11am. 8AMANDA HOLDINGS Bertad: 14th AGM91 words
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Article1272 1986-04-15 14 Current Ex Books Dote Total for Total tor payment dot* close payable the year lost year A B N 14% NY A NYA NYA 27% 26% Acmo 5%(b> NYA NYA NYA 5% 5% Amcol 10% Apr 28 May 6 Moy 22 10% 9 1 %(a) Ajinomoto 15% Apr1,272 words
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Article2724 1986-04-15 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. VOUS TRIALS ACMA (0 956) Aiinomoto (3.205) cd AMD (32,724 words
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TAKING STOCK...
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Article, Illustration837 1986-04-15 15 By HOCK LOCK SIEW THE SUDDEN takeover bid for all the remaining shares of Hotel Marco Polo by majority owner Hongkong Kowloon Wharf ft Godown Company Ltd has caught many market watchers by surprise. Awash as Singapore is with more hotel rooms than thereBy HOCK LOCK SIEW - 837 words
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475 1986-04-15 15 STANDARD CHARTERED Rank has been one of the most sought after banking stocks on the London Stock Exchange in the past two weeks, thanks to Lloyds Bank, which sprang a surprise £1.2 billion bid for Stanchart, and immediate speculation of rival bids in the475 words
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242 1986-04-15 15 DBS BANK is extending a cash offer at 60 cents per share for the remaining four million shares (10 per cent) in Great Pacific Finance (GPF). The Temasek-backed DBS Bank announced that the agreement for the sale of 36 million242 words
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Article, Illustration600 1986-04-15 15 CHAN OI CHEE - Proposal to swap Exco stake for Stanchart shares By CHAN OI CHEE TAN SRI KHOO TECK PUAT has emerged as a key figure in Standard Chartered Bank which is facing a £1.2 billion takeover bid from Lloyds Bank. But it is still too early to600 words
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403 1986-04-15 15 THE RETURN of Peter Tham to Singapore after more than a year has opened a new chapter in the Pan-Electric Industries saga which has so far seen the collapse of the once blue chip company and Malaysian businessman/politician Tan Koon Swan403 words
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206 1986-04-15 15 UK-BASED BOUSTEAD PLC has blamed its Singapore subsidiary, Bousteadco Singapore Ltd, for the rise in pre-tax losses in 1965 to £3.1 million from £106,000. The figures include a £2.3 million provisions for losses being made by a Bousteadco unit on investment activities, together with other206 words
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Article129 1986-04-15 15 THE SES has asked Wannian Holdings to explain the unusual trading activity in the company's shares following Hock Lock Siew's report on Monday. In particular, Wannian is asked to disclose whether the directors were aware of any reason for the increase in the trading volume and129 words
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Page 14 Advertisements
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Advertisement593 1986-04-15 14 TOOL AND GAUGE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 185) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the Liquidators, 1 Sophia Road593 words
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Advertisement11 1986-04-15 14 Keep your investment decisions on target HJHARTPOINIf U EVERY SATURDAY X11 words
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Advertisement145 1986-04-15 14 River House fine food restaurant Hidden Treasures by Singapore River Jyjg ome discover voursel Economics Lunch Dinner (5 dishes) Set lunch $50for 4 pers< (Shark's Fin Lunch) 100 for 4 persons Free Partial in the rvtaittj I -s* 4m -j r. < SS r Istituto per lo Sviluppo Economico dell145 words
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Page 15 Advertisements
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Advertisement376 1986-04-15 15 is! -,-w--c i candlelight dinner to relive the warm and shared feeling. A moment made rich with the happiness of love. And the full works of wine, roses, cake on the wagon and a reminiscent k shot taken of the golden night. Amidst serenading minstrels and unobtrusive service in an376 words
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528 1986-04-15 16 LISA LEE - By LISA LEE CAUTIOUS DEVELOPERS have shelved plans for two factories and at least 300 houses and apartments, even though they have received official permission to build them. Companies which have put aside their projects after obtaining building plan approvals include the Far East528 words
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Article, Illustration632 1986-04-15 16 JAIME LYE - By JAIME LYE CHEAPER FLIGHTS to Malaysia are to be introduced by the national carrier as part of the country's move to accelerate the growth of its tourist industry, Prime Minister Datuk Sen Dr Mahathir Mohamed announced yesterday. At the elaborate opening ceremony of632 words
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188 1986-04-15 16 MALAYSIAN Prime Minister Mahathir Mohamad has denied that his government is seeking to reschedule its foreign loans. His press secretary, Jalaluddin Bahaudin, said in a statement issued to Bernama news agency yesterday that Dr Mahathir had been misquoted as saying that188 words
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Article50 1986-04-15 16 UPI IN AN acceleration of the drive against official misconduct, a Chinese government employee has been executed for "leaking important state secrets" to foreign businessmen and for taking bribes of more than U*****,000. Another official in the same case has been sentenced to 17. years in prison. UPIUPI - 50 words
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Article37 1986-04-15 16 NYT THE CRISIS in Israel's coalition government has been resolved. Finance Minister Yitzhak Modai and Justice Minister Moshe Nissim are to switch posts to satisfy the demands of Prime Minister Shimon Peres. NYTNYT - 37 words
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395 1986-04-15 16 THE FULL SUPPORT of employers for the national policy of severe wage restraint will be sought by the government at a major meeting scheduled for next week. Acting Trade and Industry Minister Lee Hsien Loong is to meet all the employer395 words
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201 1986-04-15 16 Reuter, AP PRESIDENT Mohammad Zia-ul-Haq has rejected opposition leader Benazir Bhutto's call for elections, saying that politicians trying to change Pakistan's system might not be honest. President Zia said yesterday that "certain brothers and sisters" seeking new polls should wait for the next scheduledReuter,; AP - 201 words
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Article125 1986-04-15 16 THE COURT OF APPEAL has dismissed the appeal of the Workers' Party chairman and secretary-general to have their trial of falsifying the party's accounts heard in the High Court instead of a district court. Secretary-general J B Jeyaretnam and chairman Wong Hong Toy had been sentenced to three125 words
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529 1986-04-15 16 ALVIN TAY - By ALVIN TAY AN INDUSTRY-WIDE reduction in banks' prime lending rates can be expected in the next few weeks, reflecting weak domestic loan demand and easier interest rate trends worldwide. A signal towards this end was given by Standard Chartered Bank when it529 words
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Article61 1986-04-15 16 COMEX SILVER futures lost more than 15 US cents yesterday morning on active selling by traders who took long positions over the weekend in anticipation of a drop in the Fed's discount rate. Silver (or delivery in May lost 17.5 cents at $5,385 in a penetration of last61 words
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Article64 1986-04-15 16 Reuter THE world's largest aircraft factories will be among 260 companies taking part in Indonesia's first air show, scheduled in Jakarta from June 22 to July 1. SParamajuda, an executive of the organising committee, said the US, Soviet Union, France, Britain, Canada, Holland and Italy areReuter - 64 words
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LATE FILE
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Article37 1986-04-15 16 Reuter SOUTH KOREA'S largest Roman Catholic church has begun collecting signatures supporting an opposition drive for election reform. Church officials said 3,100 signatures were collected after mass at Seoul's Myongdong Cathedral on Sunday.Reuter - 37 words
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Article61 1986-04-15 16 Bernama THE 500 baht travel tax imposed on Thais leaving the country by land is likely to be reviewed because of its negative impact on tourism in southern Thailand. A Radio Thailand news bulletin yesterday, quoting government spokesman Trairong Suwankhiri, said the tax hadBernama - 61 words
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Article60 1986-04-15 16 Reuter HINDU religious fervour turned to tragedy yesterday when huge crowds of pilgrims pressing to bathe in the sacred River Ganges stampeded, crushing at least 46 people, mostly women, to death. At least 39 others were injured in the rush down ancient stone stepsReuter - 60 words
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42 1986-04-15 16 Bernama MALAYSIA'S petroleum earnings this year are expected to drop by about Ms 4 billion from last year's figures, the Minister in the Prime Minister's Department, Datuk Khalil Yaakob, told the Dewan Negara yesterday. BernamaBernama - 42 words
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Article38 1986-04-15 16 AFP CHINA is to hold a big trade exhibition in Moscow this summer, the first such show since a Sino-Soviet split more than 25 years ago, it was announced in Beijing yesterday. AFPAFP - 38 words
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35 1986-04-15 16 UPI SVETLANA ALLILUYEVA, the daughter of dictator Josef Stalin, has received permission to leave the Soviet Union, just 18 months after rejecting the West to return to her homeland. UPIUPI - 35 words
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Page 16 Advertisements
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Advertisement123 1986-04-15 16 The Most Enviable Bankinj Hall in Town is i Now Available L to One Bank, a Maybe, Your Bank. In the heart of the banking financial district Highly visible CORNER ground floor banking hall with vault Approx. 30,456 sq ft Call 221 8780, 221 0915 or 221 2868 for lease123 words
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Advertisement115 1986-04-15 16 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 believes good food is healthy food. Low cholesterol dishes115 words
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Page 16 Miscellaneous
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Miscellaneous55 1986-04-15 16 VMMm Outlook for today: Showers in several areas in the late afternoon. Rep< ort for 24 hours prior to 7.30pm on Apr 14 at the airport: Maximum temperature 32.5 Associated humidity 56 Minimum temperature 23.9 Associated humidity 99 Hours of sunshine 10.05 Rainfall in millimetres 13.7 Rainfall this month 113.555 words
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SHIPPING TIMES
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308 1986-04-15 17 THE ST LAWRENCE Seaway Authority has received around 900 notices of intent to claim by users of the canal system following the closures of 1984 and last year. Mr William O'Neil, president of the authority, told underwriters in308 words
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390 1986-04-15 17 JUNE LIM - By JUNE LIM A DOOR-TO-DOOR multi-modal service agreement has been reached between Pacific International Lines and China National Foreign Trade Transportation Corporation (Sinotrans). PIL has appointed Sinotrans as its forwarding agent in China and in turn PIL will act as Sinotrans agent in390 words
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Article204 1986-04-15 17 Reuter IRAN CONFISCATED a cargo ship as war booty from Iraq and allowed the mainly Kuwaiti cargo owners two months to collect their goods, the Iranian news agency Irna said, quoting war headquarters. Confiscation by Iran of the 15,600-tonne Ibn A 1 Beitar is the firstReuter - 204 words
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83 1986-04-15 17 REPRESENTATIVES of the chambers of commerce, shippers' council and trade board will be briefed by SGS this morning on the new import procedures for the Philippines. From May 1, SGS will carry out pre-ship-ment inspection on exports to the Philippines. However, exemptions83 words
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PORTSIDES
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Article69 1986-04-15 17 THE FIRST CHINESE freighter bound for Nicaragua, the Wei He, left Shanghai for the Central American country on Sunday, the official Xinhua news agency said. The voyage will take 27 days, the report said. China has said it supports the leftist Sandinista government of Nicaragua69 words
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Article113 1986-04-15 17 AP DIGNITARIES AT Brisbane port had a little launch trouble last Thursday at the same time officials at one of England's shipyards were also having labour troubles, and had to hold a nighttime launch of the country's latest warship to avoid a strike. "Down under" AldermanAP - 113 words
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Article81 1986-04-15 17 Reuter THE SOVIET Union and Japan reached agreement on fishing quotas for 1966 after four months of deadlock, Japanese sources said. The deal sets each country's catch for the year at 150,000 tonnes, a large drop for Japanese fishermen, they said. Last year's quota was 600,000 tonnes eachReuter - 81 words
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Article1207 1986-04-15 18 FURTHER weakness in the trans-Atlantic grain rate and renewed US coal fixing to Japan emerged on the London shipping freights market on Friday. Archer Daniels allegedly secured the Nelvana at the 50-cent lower rate of US$5.5O (fio) for a 55,000ton April 20-25 grain haul from the US Gulf1,207 words
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780 1986-04-15 18 FT BUSINESS HAS picked up smartly in recent months for Asia's big container shipping lines, removing some of the pessimism that pervaded the market at the turn of the year. But the renewed surge in cargoes across the Pacific to the import-hungry US byFT - 780 words
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369 1986-04-15 18 THE PORT OF Gothenburg is raising U5593.3 million by a sale ana lease back deal with two major Swedish pension funds. The deal has been approved by the Gothenburg municipality, the owner of the port, a year after it369 words
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Article617 1986-04-15 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL I 1/2 ARC Lme V 4 APL M 2/3 ASCL in I Balt-Conoda Line VN 4/5 Bait-Orient Line VN 4/5 Bank Lme V 5 BBS N 4/5 Ben Lme Cont617 words
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Article286 1986-04-15 18 AFP BUSIER conditions were reported in the Gulf states area, where in excess of one dozen ultra-large (ULCC) and very large crude carriers (VLCC) were thought fixed as the oil market strengthened in response to the strike on Norwegian platforms and US calls for an end to lowerAFP - 286 words
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272 1986-04-15 18 AP THE UNITED States will not push and shove for a naval port call in China, but it is essential to have one in due course, Adm James D Watkins, chief of naval operations, said on Saturday.AP - 272 words
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241 1986-04-15 19 Seatrade Week THE PHILIPPINE Shipyard Engineering Corp (Philseco) has adopted a harder line on the collection of millions of pesos in arrears from Roberto Benedicto, a crony of deposed strongman Ferdinand Marcos. Following an emergency meeting on April 1, yard officials are expected toSeatrade Week - 241 words
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322 1986-04-15 19 Reuter WEST GERMAN merchant seamen began an indefinite selective strike for better pay and conditions on Sunday in the first such stoppage for 90 years. The Public Service and Transport Union, representing half of West German merchant seamen, said itReuter - 322 words
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475 1986-04-15 19 Lloyd's List THE INTERNATIONAL banking community is facing losses of more than US$2O billion on bad shipping loans and more companies are likely to go out of business leaving debts in the next few months. This dire warning came fromLloyd's List - 475 words
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170 1986-04-15 19 DELEGATES FROM more than 40 countries will be represented at the Ro-Ro 86 Conference in Gothenburg, Sweden, next month. They will represent a wide range of countries including Belgium, Germany, Sweden, Australia, Netherlands, Pakistan, UK, Saudi Arabia, Thailand, Venezuela, Kenya, Tunisia, US,170 words
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Article188 1986-04-15 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. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container188 words
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Article272 1986-04-15 19 Reuter WING ON (Holdings) Ltd was named a creditor to the ailing Wah Kwong Shipping and Investment Co (HK) Ltd group, a source close to Wah Kwong said. The source said Wing On had a joint venture in the Wah Kwong vessel, Pacific Venture,Reuter - 272 words
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Article501 1986-04-15 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,501 words
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6763 1986-04-15 24 §®2BG)(DI1B 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 of6,763 words
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Article694 1986-04-15 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location SS Bridge 54E 15 4 86 1600 Kawasaki F1 0700-0800 G3 Pegasus Pr 425N 15.4.86 2200 Straits Shpg F1 1300-1400 Gl T oyama 096 15.4 86 1700694 words
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Article1657 1986-04-15 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprise! Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgenctes (S) Muhiport Sdn Bhd (PK) Americon1,657 words
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Article910 1986-04-15 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Do Nong Equator 3 Equator 5 HMS V K'ergen H De Ruyter Hughe verett Builder 2 Horizon Stor JenhoJ L Petaling 2 Oriental Jode Roioh Brooke Seomoster 1 Trans Fiord KIO K22 K23 K9 K9 KI8 K23910 words
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Page 17 Advertisements
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Advertisement830 1986-04-15 17 -\rnt4 Available at all good bookshops rm 9/ GJ FEDERAL PUBLICATIONS pJv/ THE heart OF THE DRAGON OOCL Orient Ovbqias Cmdaitm Line STRAITS EUROPE EXPRESS SERVICE lAROK SHVfWC AGENCKS (Kef lb. 242*4/ 00K) 70 Shenton Way #04 03 Marifia House Singapore 0207 Tel *****11 TELEX NO RS ***** CFS OFFICE830 words
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Advertisement68 1986-04-15 17 BUSINESS HAS picked up smartly in recent months for Asia's big container shipping lines, removing some of the pessimism that pervaded the morket at the turn of the year. Page II WEST GERMAN merchant seamen began an indefinite selective strike for better pay and conditions on Sunday. Page 111 Index68 words
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Advertisement1184 1986-04-15 17 m I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT 11 DAYS Voy S" pore EXPORT TO1,184 words
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Page 18 Advertisements
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Advertisement438 1986-04-15 18 Y.S. LINE YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Feeder at Kao Pacific North West Feeder at Kao Atlantic/Canada Feeder at Kobe ■nms cm eot CZM QES EH ESS insiinEiniiriHiiniincxiiHiOTiiniiiiiXHEninini m C7ZH gITTTiTT II M fTTTM HM iTT* ITiZ* iTT* IEnmESQMEH OirZIEMOMBTM EIILZC^HIDmti/isH^l BM PM BM ngSjM El438 words
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Advertisement266 1986-04-15 18 BBSS, Supercarrier Service B.VtH tlU* S« NUT ARRIVALS BARBffl TAMPA ?7/3 BARMR PRIAM S/4. I* ROSAMO 17/4. BARBLR PIRStUS 27/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF Mm Kctptnt contn In Houston (MLB) V Francoco Oakland Stockton and San D»p IU I Angeles Charleston ni Saoti TO: CARIBBEAN CENTRAL AMERICA266 words
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Page 19 Advertisements
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Advertisement1042 1986-04-15 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited Mb STRAITS SHIPPING Singapore to Sebeh, Sarawak, Brunei Ports and Bangkok CONTAICRSHP SERVICES TO/FROU BANGKOK COHTAINERSHIP SERVICE TO UK/COWINENT BREMEN EXPRESS KOM.OON MY MM MARU CUT OF EDMBURGH FRANKFURT EXPRESS TOR 10 EXPRESS KITMM) MARU OSAKA BAY BREMEN1,042 words
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Advertisement625 1986-04-15 19 Franco Belgian Services .1 r f ,i»l A rrn< h ><-r«!<•«■ i> 11h />Y/</in /.1 r f ,i»li rn I in- < (MEMBER OF ACE CONSORTIUM} 1 CHARGEURS HAVRAISE MEDEX LINE AIM (MEB CLUB MEMBER) COMTMCt SERVICE TO ICMTOBUMtJW Sport PKeiar* HAKATA MAftti IS Apr 21 Apr MONT BIANC MMU625 words
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Page 20 Advertisements
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Advertisement488 1986-04-15 20 JEC Hapag-Lloyd TO COWININI. UK EXPORTS FROM N. CONTINENT &UK IMPORTS Agents SEGANI Sinfipore *****66 K. Lanpu *****25/6/1. *****49 Bootaf *****71 P. Ktianf 3*7318 Frtaft* *****00 CFS 3»27« CFS *****44 Peranc *****7, *****2 Tenrinal *****33 *****3 W LLOYD TRIESTINO (A munbtr o* ttw Mail Oub) CONTAINER SERVICE: Offering Special Container488 words
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Advertisement102 1986-04-15 20 f It&.&.LINE FULLY CONTAINERISED SERVICE TO FUR OPE VIA SU£Z Mfmbfr of th* Acp Consoctwni NEPTUC CKTSTM. 34* KOREAN OMNCt »N sncil SEAS WOOL UN MMCATOR 38W FROM FUROPF VIA SUEZ Mfn,h ,hf cf Consortium 11)11Y f.ONIAINI RISE D 10 (ROM NORIM AMI RICA WIST COAST •fOU/lIOTIO «SS£l M 37E/KW*102 words
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Advertisement628 1986-04-15 20 /jff Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines). TLX RS ***** RS ***** IE L-ASn-RN CAR I INI R. I I D. IML INTERMARITIME LTD I K Knabafci (Sub A(wt) Ttl: 221SM MartJ (Sub A|«nt) Trt *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS M KM 9 K628 words
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Advertisement650 1986-04-15 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTMG C«GO TO 1) rvovnna nwark savannah boston pnladelpnr. norfou iacksonnle M.KMCTON HJMJM ETC 2) HTLANTA CMC AGO KTMT. COLUMBUS I OTtO MUO* MCROBROGE OESTBMTUC 3) CRISTOBAL. BALBOA PANAMA an. COLON. SAN WAN SANTO DONMGO *W ORLEANS. HOUSTON. LBDN. CURACAO MA650 words
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Page 21 Advertisements
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Advertisement943 1986-04-15 21 PACIFIC INTERNATIONAL LINES li\V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 service JKT SBY SIN HKG KAO *TCH KEE BUS 'MUR *HTC YOK KOB KEE 16/4 H/4 21/4 25/4 27/4 28/4 2»/4 1/5 4/5 5/5 7/5 9/5 12/5 29/4 1/5 5/5 9/5 10/5 12/5 13/5 15/5 17/5943 words
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Advertisement815 1986-04-15 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HMI B-HMENR-DMI HIM STON Rhne Mara Saied bM Sj*« Sale* Sain) C't» o4 E(Mar|k SaM SjM SjM Saied Saied Frar*h»t Eipreit Sated Saied Sated Sited Sated Totio Eipreu Sated Sated Sated Sated 17/4 Mane Mam 17/4 11/4 70/4815 words
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Advertisement549 1986-04-15 21 DJASAQETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDEM INDONESIA P.T. TftIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE 'GANDA GAMA VISNB 20-21/4 OCfAN PMMA V4NB 1-3/5 L.J. BONTANG VSNB 44/5 BBiao Bremen Adam/Rdam Ldn Hamburf 29/5 5/6 31/5 3/6 10/ C 14/6 16/6549 words
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Advertisement345 1986-04-15 21 BOUSTEAD SHIPPING AGENCIES TBk BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loacfing for Rangoon Magwe V 3 Pagan VSBW Pa-an V94W Htoneywa V/ 211 IOAONG FOR EUROPE Spore 15/17 Apr 19/22 Apr 22/24 Apr 1/3 May V* BANK LINE CLYDEBANK VI7S FORTHBANK VICS Sport 10/5 Sport 9/6 (PNG porta:345 words
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Page 22 Advertisements
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Advertisement1441 1986-04-15 22 ECUADOR/PERU/CHILE FEEDER VSI MOT** VSI «j"K"line KAWASAKI KISEN KAISHA. LTD. SPOKE PKIG PNG SPOK KOBE GUAYAQUI CAE I*o ARK* IQUQUE AfAGASTA S ANTONO VAIPARABO AISO ACCEPTHG SHANGHAI HSMGXANG. MOD NAHA. SHM2U VIA KOBE SOUTH AFRICA (Safari Consortium) STOKE DURBAN P ELIZ C TOWW NEMLOYD COIOHBO V0422F 21 Apt 11 May1,441 words
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Advertisement714 1986-04-15 22 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore PAelang Penang Loadmg tat "JO TRWRA 23 Apt Ba^ay/Radta vum rain* 23 Apr wnc/cjiarfti AABRtDAS 23 Apr Cil»iii/»w*»> tsnam* 24 *<» 22 *<* BHAVABHUTI 21 *0 Ca»e»/B—*ay INDIA SERVICE Accepting FCL Containers and Conventional Cargo Singapore PAetong Penang loading lor S O.714 words
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Advertisement799 1986-04-15 22 GOLDEN LINE GUAN GUAN SMPfWG (PTE) LTD 13. M Strtet snupwe #10* m 5J4»u hi hoi STRAITS/PERSIAN GULF SERVICE: s >" PMiMC Pe««i( GOIOIN KM Colombo Mac* D»b* Uohi Mwain COUKN HAWN Cotomtw *a»aci» Onto Bahrain 27/H Ad 15/17 Mm CHINA OCEAN SHPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA799 words
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Advertisement490 1986-04-15 22 INTRASEA (PTE) LTD UJT 10 Anson Road "27 16 International Pia/a J. Singapore 0207 Tel 2246 M 1 (10 Lines) VMAItAUft BREAKBULK SERVICE TO EUROPE/UK FORT YALE *****04 KM.Ik *****C8 P Ktlang Loaing tar: hi Port ROT/ANT/U 19/5 ROT/MT/U ROT/ANT/UK (AVON) ROT/AWT/UK (AVON)/KLf AST P PHILITRON SHIPPING AGENCIES PTE LTD490 words
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Page 23 Advertisements
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Advertisement682 1986-04-15 23 NOL ORIENT LINES LTD Ajenh S poif NEPTUNE AGENCES PTE. LTD TH No otfce Termmal CFS BOOKHGS *****77 Ft EU MIST (PA/SEA *****77 *****27 *****53 Oft ORtECT LR€S *****53 ******1 TB*. HARPER MM SON BC 2*loo p Man, HARPER **A SON. BHD J***** »624» p ia,a HARPER MRA SON BHD682 words
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Advertisement382 1986-04-15 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON Gmeril W»e» jl Godown PPW PIC an 14/4 W Oman" »o» 4025/N 0900 tn 12M m Hi I SPiWI «UtllS N»P!UNf AG! NO ItS Ptl 110 Tel *****7 7 ***** 34 (Bootnn t s) ???7*>lo *****77382 words
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Advertisement632 1986-04-15 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARK*! NAM SOON SOU. BHD IST AND PNC FLOOR MESSRS HAI THONG SMPPMG 127632 words
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Advertisement118 1986-04-15 23 ;=f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 SomtrMt Road #06-01 Ng T»ow Yh»« Dldg S por« 0923 T#l 235 8444 (4 lln«s) Port KHang ligj Pina Shipping Sdn Bhrt lei 03 3f1%.'4 b Penjnj Mjl.nsu bad* 4 Transport ltd Ift 04 til'SK Pj<.» Giidjnf Malavvun118 words
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Page 24 Advertisements
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Advertisement353 1986-04-15 24 1 REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) JfTCTTgnZI B[22d[I3ZMQ2EZJiE3L3E2IG3 rrnit^Tr*»iii < uwjioijiiggi7Zi Tuc/Ned HEI! nrma lIJM FT v,i','lw L.~ r <ri unnrwM n Esi3i TZWTM EEJZI g I ILTTIKMBi.-'nhf^d Miwi.fyimn E22Z3ESQ S« FORTUNE R. KOMSORTUM Sat/ St* 26-27/4 Sun 27-27/4 21/4 Tue/Ntd 129-30/4 Thu/Fri 1-2/5 Sat/Sw 3-4/5 Sim353 words
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Page 24 Miscellaneous
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Miscellaneous173 1986-04-15 24 Weather N lit J w VA m a K i t > 1 n nl? SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm C (kection wrth speed m knots v shower Ram Wove height Cloudy Sky Surfoce winds ore indicated by arrows which fly with173 words
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Page 25 Advertisements
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Advertisement130 1986-04-15 25 HSC AGENCIES K. LUMPUR P. KELANG POMNG P. GUDAN6 I. BAHAIPJ LEOSMP SPORE 242S0SS/*****56/*****45/*****93 I *****1/4 TERMMAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****5/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE VSI i k ii -^EJEUU 1 i i^v^CTlfMFJgtlinMlTTWPTMnMriil.. TTMPTTf 10 EUROPE FEEDCK jPIMPTI imtTWTWTMiIf f J MITTIHTTTI 11 'il' -TTIPTM n ii.130 words
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Advertisement50 1986-04-15 25 i COLUMBUS LINE REEDEREI GMBH FXPRFSS SFMI CONTAINf R SERVICE 10 HUH ROT IF ROAM HAMBURG TOANA PAPUA V 5 THALASSM MANA VI TAMAITAI SAMOA V 7 Also accepting FCL contrs to Antwerp and Bremen General Agent Sf Al lON SHIPPING (Si PM lID Smgjpore SAIIS BOOKINGS lit (S Imev50 words
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Advertisement96 1986-04-15 25 Scan Dutch tf •> I:?*. TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) SMGAPORE 1) MARSEILLES 2) ROTTERDAM 3) LONOON 4) HAMBURG ii'.'ii: Tana/ON H. NMhan/IK-f' B NnMi/llt R«f«|a/12(* H. o*l/144 Ntaa/IM-f* K Otpn/IM-t-TO RED SEA-MEDITERRANEAN FEEDER VESSEL Ntcfc/424 H »«r Nnrt/434 TO HONG KONG-TAIWAN-JAPAN FROM EUROPE 1) G 'BURG 2) H'BURG 3) B96 words
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Page 26 Advertisements
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Advertisement361 1986-04-15 26 H!) MOl* Mitsui OS K. Lines. L<d (fCQNVENTIONAL/SEMI-CONTAINER AFRICA'S "HOy 0 skuja'ii f yi rf.it: KM EAST AFRICA OCEAN ELITE 15 Apr ASTRA PEAK 25 Apr CONTINENTAL PARTNER 1 May AFRICA MARU 26 May Mombasa. Daressalaam Port Louts. Reunion Mombasa. Daressalaam. Tanga Port Louis. Reunion WEST AFRICA EARNEST VENTURE 10361 words
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