The Business Times, 16 April 1986

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, APRIL 1«, ISBC 75 CENTS
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  • 293 1 WITH THE US having punished Colonel Muammar Gaddafi militarily with air strikes on Libyan cities, the key question yesterday was whether Mr Gaddafi, labelled by President Reagan as the "mad dog of the Middle East", would make good his threats of vengeance.
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  • 489 1  -  Unemployment level highest in 17 years By FOO CHOY PENG, Chief Reporter THE NUMBER of unemployed persons rose to 75,000 last month, and 6.1 per cent of the labour force are now without jobs the highest since 1969. These figures from the Labour Ministry include
    489 words
  • 170 1 A PROPOSAL that a task force should be set up to try to make third-shift work more attractive is to be explored by the Ministry of Labour. The suggestion came from First Deputy Prime Minister Goh Chok Tong during a visit to the
    170 words
  • 449 1  -  By HOMER CHEN PETER THAM, a former director of collapsed Pan-Electric Industries Ltd, faces a maximum sentence of life imprisonment if found guilty of any of the five charges levelled against him yesterday. More charges are expected. No plea was taken and bail was not granted.
    449 words
  • Article, Illustration
    78 1 SHAKE PRICES etoaed mixed an the Singapore stock market yesterday alter a day d hesitant At the eleae the Straits Times ladastrlal ladex added l.il paiata to Mi. 17 while the mare broadly baaed BT Composite ladex was Ml better at 47U5. Total turnover came to million shares
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  • 361 1  -  By CHUANG PECK MING AFTER announcing it would continue paying Central Provident Fund contributions of 25 per cent on behalf of its employees, PA Consulting Services has now decided to fail in line with government policy. The UK-based company said yesterday it has decided to
    361 words
  • 119 1 AFP THE SABAH High Court has dismissed with costs a writ by Muslim leader Mustapha Harun challenging the appointment of Catholic lawyer Joseph Pairin Kitingan as Chief Minister. Justice Tan Chiaw Thong ruled yesterday that Mr Mustapha's swearing in as Chief Minister in
    AFP  -  119 words
  • Page 1 Advertisements
    • 182 1 Cahners Exposition Group CEGI The Exhibition People Mora than 1,000 graduates jobless, Back Page IBS offers a full range of banking services to meet yourneeds Executive Loans a flexible loan programme which can turn your plans into reality Housing Loans a loan programme that makes it easier for you to
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    • 275 1 Crisis in the Mediterranean, Page 5 Leader, Page 10 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO BRISTOW DOONESBURY OUR VIEW THE US MILITARY ACTION against Libya, just though it may be, nevertheless calls for continued political and diplomatic action in the region to isolate Gaddafi. Along
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    • 258 1 T/f~i The charges against Peter Tham 1 That, in February 1984, while a director of the Orchard Hotel, he dishonestly arranged to have diverted or himself diverted $210,000.00 belonging to the company to Associated Asian Securities (AAS) in settlement of the debts of Teo Hock Seng. The offence is punishable
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    • 92 1 April 26 May 4. 1986 World Trade Centre, Singapore Organised by The E*Nt*tioo Peopto The Good Life ataGood Price Apartment life is comfortable and carefree at The Plaza Service Apartments. One- and two-hednx>m apartments Fully furnished and air-conditioned Full domestic housekeeping services Free recreation cluh membership Seven restaurants In-house hank
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  • HOME NEWS
    • 408 2  -  Singapore-foreign joint ventures clinch $2.06 billion MRT deals By LIM SOON NEO WITH THE AWARD of the last major civil engineering contract by the Mass Rapid Transit Corporation, the Japanese have cemented their position as the main winners of the project. Thirty months after the award
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    • 239 2 AESOP will soon be extended to Singapore. Aesop, an acronym for Australian Executive Service Overseas Programme, is a scheme that makes available to developing countries the voluntary services of retired Australian executives and professionals in a wide variety of fields. Mr Roderick Cheatley, the general
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    • 51 2 TAN PENG Construction (Pte) Ltd's contract period for the software technology building at Science Park is from December a in 1984 to June 20 this year. An item in BT on April 5 stated that the project was scheduled for completion this month. The error is
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    • 283 2 RICHARD CHUA KHING SENG has been appointed the assistant division manager of NEC Computers Singapore Pte Ltd. The company also announced the promotion of DICK BHOJI HIRAYAMA to manager of system sales and LILLY WONG MUI KIAU to manager of channel sales. Mr Chua, a graduate from
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    • 410 2 THE NAME XEROX has become synonymous with photocopying, but Xerox Corp, a leader and pioneer in the technology, is expanding into other aspects o( office systems as well an expansion which spells gains for local companies. The US-based company imports electronic components and finished products
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    • 472 3  -  By LIM SOON NEO LUM CHANG Holdings's first ho tel project in Thailand is expected to be highly profitable because competition for the hotel, due to open in summer 19fff, will be thin on the ground. The 250-room Holiday Inn Phuket at Pa Tong Beach in
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    • 290 3 COUNTERTRADE, which now accounts for about 28 per cent of world trade, is being promoted by the Trade and Development Board in a number of ways. One of them is the "countertrade bar", a club set up for informal gatherings of businessmen keen
      290 words
    • 57 3 MR YEO CHEOW TONG, Minister of State (Foreign Affairs and Health), will lead Singapore's delegation to a meeting of non-aligned nations in New Delhi, Indi>, which starts today. The delegation, of officials from the Ministry of Foreign Affairs, will attend the four-day Ministerial Meeting of the Coordinating Bureau
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    • 215 3 THE FIRST Asian World Publishing Congress, a major event for the Asian publishing and advertising industries, will be staged in Singapore from Feb 23 to 27 next year. Supported by the Trade Development Board and organised in association with Folio magazine, the US publisher's "bible",
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    • 133 3 THE IMPACT of a smaller defence budget will be felt this year as the full effect makes its way through the system, says the Second Minister for Defence, Dr Yeo Ning Hong. As such, Mindef will have to exercise greater control over the
      133 words
    • 433 3  -  Exploring the Chinese market By JEFFREY TSANG PATIENCE is the name of the game in trading with China. Far East Computers, a local computer company, has taken five years to develop the market and it says that only now have sales begun to take off. FEC,
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  • Page 2 Advertisements
    • 381 2 SST WANG SALUTES SECREIARIES. To celebrate Secretaries' Week, Wang is offering the easy-to-use Wang Office Assistant for a little more than a fancy electronic typewriter. Wang word processing is praised by secretaries and managers worldwide for its ease-of-use and for what it can accomplish. It will save your office time
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    • 53 2 WORLDWIDE COURIER Changing the vwy the world does business. Hotels Worldwide Call *****55 Kuala Lumpur Bangkok Hong Kong Fiji Sydney Melbourne New York City Chicago Albuquerque Auckland London Dusseldorf Okinawa Los Angeles OPENING SOON Taipei REGENT INTERNATIONAL HOTELS Sales Reservations Office: 230 Orchard Road #07-230 Faber House. Singapore 0923. Tlx:
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  • Page 3 Advertisements
    • 96 3 Who says good women 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
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    • 103 3 "Australia was at Communic Asia. How do I take up the opportunities?" "Talk Australia." Australia was well represented at Communic Asia. You probably saw our display. We demonstrated business computers and communications systems laser video optical fibres data logging equipment and data acquisition systems, together with software. There are many
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  • OVERSEAS
    • 413 4 UPI PRESIDENT REAGAN and Japanese Prime Minister Yasuhiro Nakasone concluded two days of talks on Monday with an agreement to strengthen international trade and reduce Japan's U5549.7 billion trade surplus with the US. With Mr Nakasone standing by his side in the sunlit
      UPI  -  413 words
    • 253 4 Reuter JAPAN WILL NOT be able to hold back a tide of international protectionism unless it acts to cut its huge trade surplus, top business leaders from the US and Europe have warned. "We need some substantive action to keep the
      Reuter  -  253 words
    • 248 4 AFP AUSTRALIAN Foreign Affairs Minister Bill Hayden said yesterday he had no evidence to support allegations in a Sydney newspaper that led to the cancellation of an Indonesian minister's visit to the country. But he denied that relations with Jakarta were
      AFP  -  248 words
    • 357 4 AP OUSTED president Ferdinand Marcos scripted the Benigno Aquino murder trial, promised rewards to court officials and used television relays to his palace to monitor the proceedings. The chief prosecutor, Attorney Manuel Herrera, said on Monday the presidential interference included phone calls between session
      AP  -  357 words
    • 302 4 UPI APRIL 15 always brings a smile to the face of cab driver Amos Bruce. He has not paid federal income taxes in at least 15 years and advises others on how to do the same. Mr Bruce usually observes the April
      UPI  -  302 words
    • 384 4 UPI AS PART OF A policy of "self-reliance", China plans to finance construction of nuclear power plants by exporting 1,000 tonnes of uranium a year. The official China Daily newspaper said yesterday that Beijing, currently building its first two nuclear power plants,
      UPI  -  384 words
    • 323 4 AFP THE NUMBER of official executions in 1965 was substantially higher than the 1,125 officially reported by 44 countries surveyed. Amnesty International, in a report released in London yesterday, said that many governments knowingly hide or distort execution figures, and that those reported represent only
      AFP  -  323 words
    • 838 4 ARRIVALS Operator Sorvico number Loco* time From SIA UA SIA CAL SIA MAS SIA KAL SQII7 UA2I SQ41 CIOIO SQ411 MH68I SQ47 KE624 0005 0215 0620 0740 0745 0820 0825 0840 KUL LAX/NRT/hKG MAA JED/DHA BOM KUL DEL KUL MAS MAS SIA CPA RBA OA SIA SAS
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  • Page 4 Advertisements
    • 309 4 Every which way but bose! ISbw at The Brasserie La Potonde. 'it.it» You may be relieved to hear that practical considerations were 42fjM| unsurmountable as regards flying Oscar to Singapore, and letting yj him loose at The Brasserie this JfeJ week. (Or even finding him a stand-in). For the simple
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    • 55 4 Grudging applause, Page 6 I f ll\ II Iff 11 I Every Tuesday. ThiifvJoy .jr.-ktv and« I 1 II \l I fl fl \l Sunday. Leaving Chnr.ji A«rpnn at I IL/ JL 1 22:05 hotjrs and orjiv rx: Gf H^it at 07:05 hours the following morning. Call Air Canoda at
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  • CRISIS IN THE MEDITERRANEAN
    • 685 5 Reuter AMERICAN fighter-bombers attacked a string of targets in Libya early yesterday, including one headquarters of its leader Muammar Gaddafi, and Libyan radio said a number of his relatives were wounded. "We have done what we had do to. If necessary, we shall do
      Reuter; UPI  -  685 words
    • 208 5 UPI AMERICAN EMBASSIES worldwide went on alert in the wake of the US attack on Libya, and reports indicated that Col Muammar had plans to attack up to 30 embassies, Secretary of State George Shultz said yesterday. Members of Congress said Gaddafi was likely to strike
      UPI  -  208 words
    • 512 5 UPI THE LATEST US attack on Libya was rooted in a five-year-old vow by President Reagan of "swift and effective retribution" against terrorism. While swift, even Mr Reagan acknowledges its effectiveness remains to be seen. From the earliest days of his presidency, Mr
      UPI  -  512 words
    • 214 5 Reuter THE US Air Force F-111 fighter bombers baaed in Britain and used along with Navy Jets in the attack against Libya are potent weapons in all Unrig of weather. The 23-metre-long aircraft can attack at altitudes ranging from tree-top level to more than
      Reuter  -  214 words
  • Page 5 Advertisements
    • 259 5 Standard Chartered V I X im if sg are on international Wherever in the world you are doing business, no one is better placed to help you than today's Standard Chartered. We have eight branches in Singapore specifically attuned to the needs of the international trader Battery Road, Crosby House,
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  • Page 5 Miscellaneous
    • 50 5 Doonesbury UPREBACKCAMPERS. M* PRODUCER JAKE AUDI H&EJUST TALKING ABOUT THE LATEST J ADMINISTRATION SCANDAL.THIS I ONE INVOLVING CIVIL RIGHTS lover clarence pgosjon. ft m 4SS fT REMINDED ME THAT ITS ABOUT TIME FOR/W UPDATE OF OUR RUtBUNG TALVf OF REAGAN APPONTEES CHARGED urn LEGAL ORETHCAL MISCONDUCT. 51 BY GARRY TRUDEAU
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  • WORLD BACKGROUND
    • 677 6 AFP A LITTLE MORE than a month ago, "sequestration" was considered tongue-twisting legalese few Filipinos understood or cared about. Today the word is on everyone's lips from banana farmers in the far south to sundry office workers and top corporate executives in the capital's
      AFP  -  677 words
    • 668 6 UPI IT IS A MONSTER gobbling 80 cents of every dollar lent to Africa. Keeping it fed has forced a virtual halt to development on a pathetically under-developed continent. Africa is not quite broke, but it is awfully close. The monster interest
      UPI  -  668 words
    • 801 6 AP SCHOOLGIRL Sana Mheidleh, a 16-year-old Shiite Muslim, was hailed as "the bride of the south" when she drove a car bomb into an Israeli checkpoint in southern Lebanon, killing herself and two soldiers. Sarah, a 21-year-old Palestinian,- is only 1.64 m
      AP  -  801 words
    • 604 6 AP BRAZIL'S drive towards energy independence through alcohol fuel has been stalled, a victim of collapsing world oil prices. The government will not permit any more distilleries to be built to process sugar cane into alcohol fuel. And a debate is raging over
      AP  -  604 words
  • Page 6 Advertisements
    • 354 6 MAKING MONEY IN MAURITIUS. .r r i t A Seminar on Unique Business Opportunities. Monday 28 April at the Marco Polo Hotel. T ddresses will be made by senior government officials and experienced businessmen already investing in this remarkable island. Few people in Singapore are aware of the many excellent
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  • BANKING AND FINANCE
    • Article, Illustration
      848 7 SINGAPORE THE US dollar yesterday closed firmer against most major currencies in active but nervous trading fuelled by reports that the US had launched a series of air strikes against Libya. The dollar closed stronger at 2.3290/3300 marks compared with New York's 2.3075/85 close; but below its high
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    • 118 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/16 point from Monday to close at 5-1/8 per cent yesterday. The one-month term rate remained unchanged while the two and threemonth term rates fell by 1/16 each. S$ Interbank rates at 7pm yesterday: OH* M Overnight
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    • 224 7 Interbank rotes at 3pm yesterday: ■id Offer c root portly change Local dollar* to one unit of foreign US dolor Sterling pound ALfitrohori dolor NZ dolor Conodioo dolor 2.1950 ***** 1 5639 1.2138 1 5689 2.1960 3 2500 1 5668 1 2165 1 5708 2.8196 7 3469 3.4286
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    • 206 7 HONGKONG: GOLD yesterday closed easier In heavy trading on profit-taking after surging on news of US attack on Libya. It closed at U*****.30/80 an ounce. On the local market, gold gained HK$25 to close at $3,160 a tael. The krugerrand fell $27 to end at $2,665. The Maple Leaf
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    • 303 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady to higher compared with Monday's level, in light trading. Overnight closed at 75/16 7-3/lf per cent, up 3/16 point from Monday and week fixed unchanged at 7-1/8 7 per cent. One month closed at 7 6-7/8 per cent, up 1/16 point
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    • 446 7 BA Futures EUBODOLLAB futures yesterday opened with a bearish tone following news of US's attack on Libya in the morning session. The June contract traded lower to 93.38 after opening at the day's high of 93.42 in active trading. Short-covering activities and speculation of a weak industrial production figure
      BA Futures  -  446 words
    • 82 7 THE INTERNATIONAL Discount Company said yesterday it had made two errors in the weekly discount house report which was published in BT on April 14. It was reported that with the low volume o( bills, traders turned to the unusually inactive NCDs market. The IDC said the
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    • 366 7 Part payment of loans to blame Reuter PERU probably will lose its borrowing rights at the International Monetary Fund after its announcement that it will only clear a fraction of the arrears owed to the organisation. A senior official made this statement after
      Reuter  -  366 words
    • 111 7 Reuter THE CHAIRMAN of the US Federal Reserve Board, Mr Paul Volcker, has said he supported the Treasury Department's proposal to give American banks more flexibility in restructuring their foreign loans. Mr Volcker also supported modifications in the transition period for limitations on the
      Reuter  -  111 words
    • 188 7 Reuter FRENCH BANKS are likely to cut their base lending rates by about 0.25 or 0.30 percentage point soon, after Monday's half-point reduction in the Bank of France's money market intervention rate. Banking sources said the cuts may be announced before the end of
      Reuter  -  188 words
    • 69 7 Reuter TAIWAN'S central bank is considering allowing banks in Taiwan to sell certificates of deposit in foreign currencies in the country. A bank official said the move is designed to liberalise Taiwan's financial market and help curb money supply growth. The central bank in December authorised three
      Reuter  -  69 words
  • Page 7 Advertisements
    • 19 7 9 m h rv «v)W m =cr i II tT\ V i? 2*I I ft c^GA 0^ C \fc
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    • 126 7 Switzerland has a long tradition of cultivating sleeping comforts at high altitudes. 2 #i 5 y >2& r > „vss<w ®v, i?# Jj?fs MB In the country regions or Switzerland, bedding is traditionally hung from the chalet windows every day to air Smart travelers are waking up to the advantages
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  • TRAINING & DEVELOPMENT
    • 633 8  -  By ZHOU MEI THE RESPONSE to a recent two-day seminar on strategic manpower development was such that the initial maximum of 25 participants had to be abandoned. When the seminar took place last week, the actual number of participants totalled 70. This may well reflect
      633 words
    • 226 8 HOW STUDENTS MIX in the classroom will be the focus of this year's regional seminar organised by the Regional Language Centre (Relc). "Classroom interaction has become an exciting area of research for scholars from many disciplines education, linguistics, communication, anthropology, sociology and psychology," says the
      226 words
    • 788 8 Seminars and Courses I C I i Cahners Tel: *****13 Exposition Tbc: RS ***** Group Fax: *****66 DURATION TITLE May 2-16 Quality Control Circle Leader Course May 5 Plant Maintenance Management Course May 5-7 Taking Charge: Assertion Techniques for Women Managers May 5-30 Plant Maintenance Management Programme May
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  • Page 8 Advertisements
    • 241 8 Introducing... the new PC-College The dynamic all-new 16 bit CAF PC-College. Ideal for all your educational requirements. Great for business needs. And, fun with games too. Licensed, PC-College is manufactured under stringent quality control procedures and complies fully to the new copyright laws. Total after-sale service by reliable, competent and
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  • Page 9 Advertisements
    • 485 9 Action Station. 10 111 f*ff» tl» ™f™ffT| fwumwi lifliiilMlH imumifmti "wirinni W»PfT®w®Wi ffr*«W|v«*tVf f~ f T*TiffP| r f iffft ftiffvtt f*wftinf mm i SI n M nfwn l fW f f Wfff f fWw! gggw; "wmmiwii *a AAA# HHIHTinn lIH'BWH inmiwm im'iiwwi wwfH'm imitumw i mimiNint HfllWl'T IW I tl
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  • FEATURES
    • 519 10 NO CIVILISED ACTIVITY is possible without ground rules, least of all international relations, which is the difficult art of keeping the whole world somewhat civilised. That being the case, the Libyan refusal to submit to any recognised norms of international behaviour could only mean that
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    • 1406 10  -  By COLIN AMERY,DAVID DODWELL FT SIR EDWARD YOUDE, Hongkong's Governor, stood on the veranda of Government House looking north over the garden, towards Victoria Harbour. "A hundred years ago, it's said the Governor could stand here and measure the wealth of Hongkong by the number of
      FT  -  1,406 words
    • 93 10 Letters to the Editor Deer Sir, Marie David is presumably a bra-burning femme fa tale. How else can one explain her frontal broadside against SBC's part-time news reader Wee Soon Hui? (BT, 14 April 1986). Ms David's views are unwelcome among those of us who find Miss
      93 words
    • 83 10 Dw ar, What is the factor which pre-" vents the planned Central Express way from having another overpass at Orchard Road? An underpass there must go below the Stamford Canal at Buyong Lane, and under the twin tunnels of the MRT. An overpass woulft have high ground
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  • Page 10 Advertisements
    • 276 10 Yxir secretary won't be typing any letters today. She's keeping her fingers crossed hoping that you'd be bringing her to The Dynasty Singapore during the International Secretaries Week. Here, we've planned a weeklong salute, from April 21-26, to Here's why. those amazing ladies behind their typing machines. Like having Britain's
      276 words
    • 97 10 Technology andftw w m Future Bank Consulton Bringing the latest developments in electronic banking to Asia An important two-day conference PAPERLESS COLLECTIONS AND AUTOMATING DOCUMENTARY CREDIT FUNCTIONS Essential for all concerned with documentary credit including bankers, electronic banking personnel, software houses, shipping cos, airlines (cargo handling), trading houses, import/export cos,
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  • SPORTS
    • 695 11  -  By RONALD KOW THERE was little doubt that Singapore would qualify for the semi-finals of the Malaysia Cup soccer tournament since the team went to Alor Star last Sunday with a comfortable five-goal lead over Kedah for the second
      695 words
    • 283 11 AP DALLAS MAVERICKS beat Los Angeles Lakers 127-104 on Sunday, the final day of the regular season. Jay Vincent scored 19 points and Sam Perkins added 18 as Dallas defeated Los Angeles. Byron Scott led all scorers with 24 points for Los Angeles, which lost
      AP  -  283 words
    • 383 11  -  Sports goods dealer sponsors Ee Kiat and Daniel By WALTON MORAIS POH EE KIAT's nullified six-un-der-par 65 in the Rolex Masters golf championship a fortnight ago will not be in vain after all. The breathtaking display, which didn't count because the Sentosa amateur signed
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    • 625 11 UPI AMERICAN GOLF, it was suggested by more than a few, was in a state of decline. A lot of fine young players were busily shooting 15-under par each week, but none of them had yet to capture the imagination
      UPI  -  625 words
  • Page 11 Advertisements
    • 62 11 DVNRSTV H€fllTH C€NTR€ i pooi —>esgr m e.. mk^r-* 1 -I «*<• Room for resting Own telephone fill rooms with ottoched shower Shiatsu or Swedish mossoge. Individuol oircon. Souno. steom both spo pool Individual two chonnel hi-fi. €ntronce by cor pork or main hotel lobby lift I DVNRSTV H6AITH C6NTR6
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  • Page 11 Miscellaneous
    • 1313 11 to (md mm APPLAUSE Julio IglMiaa 9 pm, Channel 12 This musical presents the famous hearthrob of fat Spanish housewives crooning romantic ballads in front of a studio audience. The songs in tonight's repertoire are predominantly French and Spanish. MISTRAL'S DAUGHTER 9.30 pm, Channel 5 The mini-series goes on to
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    • 528 11 :>@]*+""|$~[+>%?_;;/&|--,"`'!(* CRYPTIC PUZZLE ACROSS 1 h rfkjmmates the church on the Ml (5) 6 Crikey, Joe, what short legs it has! (5) 9 With a bit of tuck, mumps con get you this payment (4, 3) 10 Be bent on condescending? (5) 11 h such wit not spontaneous? (5) 12
      528 words
    • 134 11 A-but 5, Craven 6, Hoses 7, Dia-na(rev) 9, Mac 12, Tuneful 14, Oar 16, It-ems 17. Slide 19, V-ount-ed 20, Sco-U-t 21, Fr-€-ed 23, Al-mone-r 24, Guyana 25, Ear 27, Sober 28, Fates 30, AnniKaW. 32, Heel 33, lon Yesterday* Easy solution ACROSS: 3. Spoil 8, Shies 10, Raven 11,
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  • INTERNATIONAL STOCKS
    • 392 12 FT ELF AQUITAINE, the state-controlled oil group and France's largest enterprise, expects to lose UJisB33 million in cash flow this year because of the collapse of oil prices. This has forced it to make substantial cuts in its exploration and general investment budget
      FT  -  392 words
    • 162 12 Reuter A SPOKESMAN for Allied Lyons PLC declined to comment on press reports that it plans to make a rights issue shortly to raise up to £500 million. The reports last week said the issue would be to help finance the purchase
      Reuter  -  162 words
    • 308 12 Reuter SHARE PRICES in New York closed sharply higher in light trading on Monday as the chance of US action against Libya kept many investors sidelined. Stocks were aided by a recovery in some technology issues, purchase plans and anticipation of a discount
      Reuter  -  308 words
    • 140 12 APR 14 AtMtltM C$ 24*4 Imp Oil kneo Int Pro* Ppe 46** 22** 44** 22** -M Ale on 43 unch Kerr Add 15** Argoen Hkigs Loblow B 27 unch Bonk Mont Bonk Nova Scotia Be* Conodo 33* 14** 39* 28W unch Mc Blodel MoKon A Moore Cp 30 26
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    • 184 12 APC 14 Rood Unnec Woolworth 1300 -25 INDUSTRIALS MININGS A Alpha 1100 -10 unch Anglos 4300 25 AE And a 1150 Anglvool *****6 unch Amopfop AMJC 530 3975 Buffets 7000 -100 Borlows 1595 2800 +•25 unch -5 Cons Gold Cons Murch 1015 -10 De Beers 2325 i*Kh Dries 5125
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    • 695 12 APR M USS A Icon Alumm 314 inch Alcoa 42 4 Allegheny Lud 2m -4 Afced Chem Cp 51 unch Allied Stores 394 4 AHrt CKolmrrs 54 unch Am Brands Inc 854 ■4 Am Broodcost Am Can Co 74*i 24 Am Cyanorrod 68'* -4 Am Elec Pwr 27
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    • 731 12 Amsterdam AN 14 fh A8N 589 00 +5 Aegon ***** 6 5 Ahold 79 30 -07 Akzo 181 90 1 9 AM£V 84 40 39 Amfos Amro Bonk 101 80 +13 Berk el 32 00 03 Boh Borvjmn 664 00 -0 5 Bosk aW-, Bur Tef 159 00
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    • 170 12 Reuter MORGAN GRENFELL and Co Ltd, acting as agent for a group of banks which are deemed to be in concert with Guinness PLC, has bought 2.5 million shares of Distillers Co PLC, raising the stake held in Distillers by Guinness and its associates to
      Reuter  -  170 words
  • Page 12 Advertisements
    • 165 12 Vf M 0 ifci 4*sS 7Tg m rz -51/ WW KMzEm msmim Wwt Wl as }r.S> The Szechuan Experience with the Meisan Difference Savour the finest Szechuan cuisine; aromatic, spicy emir met creations in an exciting blend of flawnirs. And discover .heexqy.sue art ot true enjoyment. ITI nIMI A n
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    • 204 12 It could only happen at Hotel Miramar... m ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink tor only (except premium brands) served daily from 4pm to 7. JOpm. Delicious natural air-flown oysters or our select
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    • 121 12 A sumptuous family treat now available on SUNDAYS TOO/// L-i V with a delicious spread dishes and desserts! Lunch: 12 to 2.30 pm •very Wednesday Sunday at Terrace Garden Coffee House 181 Kitchener Road. Singapore 0820, Tel: *****22 Enjoy the serenity amidst the hustle A bustle of the world. Have
      121 words
    • 148 12 £S> V. 33 £1 f ®8 V i* 1 LA r It's Cherry Blossom Time at the unkai Japanese Restaurant from April 15 to 28. Come and indulge in an exquisitely prepared Japanese set lunch or set dinner from just $8.50++ to $20.00++ Dinners on April 23 and 24 include
      148 words
    • 221 12 Pirii prieos win not avaitabla London stocks on Pago 17 Compliments of the house At Feng Cheng Lou.Teochew Seafood is our speciality. And to salute all you good customers, a free dish of deep-fried prawn meatballs is yours when you order from the a la carte menu Come soon for
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  • ASIAN STOCKS
    • 378 13 HONGKONG: Share prices closed lower on profit-taking yesterday after the market's eight-day rise. The Hang Seng Index fell 21.72 to 1,763.73 and the Hongkong Index 13.96 to 1,097.05. Brokers said the market lost ground from the opening with selling gaining momentum in the afternoon. Buying interest was thin as
      378 words
    • 212 13 An is Al Sa-icart Mia MT$ 2.77 23 70 -0 01 -0 1 Nan Yo Plo» Pacific Com Pacific Elect Wra 35 10 21 00 13.90 -0.1 -02 unch Cathay Com 32 20 -0 1 16 50 0 3 Chang Hwo Bank 43 10 -02 31 00N Chan Loona
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    • 369 13 TOKYO: Share prices fell yesterday on news of US' attack on Libya and investors' caution after recent gains, but ended above the day's lows. The market average closed down 44.43 at 15,352.33. Turnover was a moderately active 460 million shares against 430 million on Monday when the average rose
      369 words
    • 63 13 Art is Oriental B Ptwtex B 0011 021 unch 0005 Pfccoo B An0o Phi 79 -75 Apex Mining B 0001 17 -0 011 unch Podco B Pogei Banc P«1rotei»n 0 0036 HO ***** unch San Migud B 46 2 CDCP Sjiii* Durtoy leJUjh Fnt Phi HkJgs Leponto B 330
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    • 405 13 SYDNEY: Share markets closed slightly easier yesterday on contin- ued profit-taking in the industrial sector, but buying interest showed signs of reviving. The All Ordinaries Index closed 3.7 points down at 1198.4 while the All Industrials Index slipped 6.9 points to 1932.5 and the All Resources Index 1.3 points
      405 words
    • 75 13 APR 15 Won HyivKk* Const Hyundai Motor KAL 1070 2465 1205 4 55 15 Choteung Bk 718 765 +43 35 Korea Frtt 780 2290 50 12 •11 +8 Korea V*p 526 19 Lucky Ltd 1219 69 1306 Samsung Co 1170 30 Dong Ah Gold Star 515 1451 -5 40
      75 words
    • 123 13 BANGKOK: The Securities Exchange of Thailand Index declined 0.95 to 129.53 yesterday. Turnover amounted to 292,242 shares valued at 43.1 million baht. AM IS Mm Sam Cmitn Sam City Map Amo Fbrm 120 -2 South Ana Fibr« Ayuthoya In* And TruM Bangkok Agro-tnd 192 -2 Strong Pock Thai CofTvncrciat
      123 words
    • 59 13 AP WANG LABORATORIES has purchased its South Korean distributor, Computer Korea, and will operate it as a subsidiary with a new manufacturing plant now being built. The new division will be called Wang Computer Korea. The production plant is to open later this year with about
      AP  -  59 words
    • 387 13 FT MANUFACTURERS HANOVER, a leading capital market operator in Hongkong, aims to set up a mutual fund in the territory which would, for the first time, give individual investors access to the infant Hongkong dollar capital market. Such a fund is likely to be
      FT  -  387 words
    • 164 13 Reuter THE NUMBER of Japan's corporate bankruptcies fell by 8 per cent to 1,544 in March from 1,679 a year earlier, marking the 15th consecutive monthly year-on-year fall, the Tokyo Commerce and Industry Research Co said. But debt in March rose 2.2 per cent to 316.69
      Reuter  -  164 words
    • 190 13 Reuter THE Securities and Exchange Commission has suspended the former credit manager of Nomura Securities International Inc, a New York City-based brokerage firm, for at least three years for violating anti-fraud and margin provisions. Under an order issued by the SEC on Monday,
      Reuter  -  190 words
    • 100 13 Reuter PHILIPPINE Long Distance Telephone Co says the Philippine Bureau of Internal Revenue has assessed that the company owes 787 million pesos in back taxes for the period 1969 to 1980. Of the total, 734 million pesos were assessed after the bureau over-ruled an income
      Reuter  -  100 words
  • Page 13 Advertisements
    • 529 13 iSir.? FASHIONABLY HYATT Join the fashion-conscious every Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $9.50
      529 words
    • 113 13 Life after (9 five... *3 Wt 2 Lin Buds Nl|kttyt spm lam (Monday Friday A Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Diily) It's a real happy time! Just buy a drink and get the second FREE. (except premium brands) (CAIRNHILL HOTEL) Ground Floor, 19
      113 words

  • RAW MATERIALS
    • 477 14 Reuter TRADING in physical soft commodities, as opposed to futures business, is not expected to require authorisation from regulatory authorities under proposed British financial services legislation, Securities and Investment Board (SIB) sources said. Under the proposed legislation, the SIB will oversee, regulate
      Reuter  -  477 words
    • 704 14 COFFEE ROBUSTA COFFEE futures on Monday ended a very quiet and featureless day off the highs of a maximum £40 traded range, with pared gains from Friday night of £30 to £11 a tonne. At the close, second position July was £25 a tonne up from the previous
      704 words
    • 146 14 Chinese Produce Exchange Setters' noon closing prices on Ape 15 (S$/100 kg). Coconut oil Bulk FOB Old drum FOB New drum FOB 50 00 63 00 67 00 Copra Mixed (loose) 28 buyers Pepper Muntok White FOB NLW Sarawak White FOB faq NLW Sarawak special black FOB NLW
      146 words
    • 179 14 THE MALAYSIAN crude palm oil market yesterday closed higher on late covering and speculative buying, influenced by the rise in palm oil futures and a firmer Chicago soyoil futures close on Monday night. Trading staited cautiously as operators stayed on the sidelines amid lack of fresh factors. Interest
      179 words
    • 221 14 WHEAT FUTURES on Monday rose slightly from midsession levels in most contracts and settled 4-1/2 US cents a bushel higher to two cents lower on the Chicago Board of Trade, with only thinly traded distant May ending lower. Professional firm Refco bought as much as 1.7 million bushels of
      221 words
    • 191 14 SOYBEAN FUTURES on Monday settled mostly higher after a session of choppy, directionless trade, on the Chicago Board of Trade, with shortcovering supporting most contracts. Prices finished one cent higher to 3/4 US cents a bushel lower. Prices meandered on both sides of unchanged in dull activity. Heavy weekend
      191 words
    • 169 14 THE KUALA LUMPUR Til Market, KLTM, price recovered eight ceats to M 114.78 per Idle en scattered leeal beytag, dealers said. lie price epeaed at Meaday's level with initial bids fer ameaata totalling 17 tennes. Hewever, sellers emerged ealv when the price meved np hy 19 cents which
      169 words
    • 66 14 Bangkok (US*/torn. FOf) White Rice 100% 1st ck»s 240 100% 2nd ctoss 215 100% 3rd doss 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-1 Super 115 A-l Special 112 C-1 Special unq C-l Ord unq Loonzoin Rice 100% 1st grade unq
      66 words
    • 249 14 SINGAPORE THE MARKET yesterday closed lower with May One RSS buyers quoted at 161 JO cents per kilo, down 1.50 cents from Monday. The morning market ruled steady in fairly active trading helped by nervous shortcovering following reports that the US had launched an attack on Libya. But the
      249 words
    • 298 14 RAS prices »sc«>t«/k9, fob■ b ates NOON CLOSE Iwyrs Sfflore >1— Siim Int 1 RSS Prompt 163 00 164 00N 161.00 162.00N Int 1 RSS Moy 86 163 50 164.50 161 50 162 50 kit 1 RSS June 86 164 00 165 00 162 00 163 00
      298 words
    • 105 14 (cenU/kj, 1-ton pallets) JUNE 86 (current month) (forward month) NOON NOON RAS Buyars S•Men Bvytn Setters SSR 20 154 00 156 OON 155 00 157 OON SSR 50 151 00 153 OON 152 00 154 OON MRELB Bnym Sellers SMR CV 209 50 211 50N ***** 212
      105 words
  • Page 14 Advertisements
    • 544 14 Cold Storage Holdings R L.C. The Directors announce the audited results for the year to 31st January, 1986. The Group The Company The Group turnover and operating profits are not strictly comparable with those of the previous year due to the sale of Foodland Holdings Ltd and the reduction of
      544 words
    • 134 14 Smoked Sichuan Duck (Boneless) Another Specialty only from Dragon City HAft Wang Ban Say Rest Manager Discover some ol the finest Sichuan and seafood dishes at Dragon City. Experience the warm and impeccable service, so reminiscent of traditional Chinese hospitality and respect. For reservations, call Mr Wang Ban Say. I
      134 words

  • SHARE INFORMATION
    • 4035 15 SHARE PRICES closed mixed on the Singapore stock market yesterday after a day of hesitant trading with prices moving only within narrow bands. Winners outstripped losers by 68 to 47. At the close, the Straits Times Industrial Index added 1.97 points to 569.17
      4,035 words
    • 268 15 SINGAPORE RisM MM Ncm G »■>■■» 344 RmmTT SfM >94 14 412 •fit 10 9 46 48 47 47 46 46 BT Cifoiiw fTtnrfinti Aanl 14 Aanl IS 475 66 476.35 *****57 *****25 lory Emci /UD 585 164 430 M I3S 167 82 p S0« 125 76
      268 words
    • 2658 15 SECTION ONE INDUSTRIAL COMMERCIAL Ac mo (0 896 0 8945) (8) 0 874 (18) 0 88 0 0)0 87 (21) 088 (2) 0 874 (2) 0 884 (I) 0 894 (2) 089 Alcom (0 496 0 525) Amol Steel 50« (0 665) (5) 0 66
      2,658 words
    • 269 15 Managers' prices for April 16 Singapore Unit Trust The Commerce 0 78 0 83 The Sovrtgs Fund 0 61 0 66 S'pore Prog Furvd 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
      269 words
    • 111 15 HONGKONG Hongkong Index Tuesday 1097.05 Monday 1111.03 Week ago 1073.82 Hong Song Index Tuesday 1763 73 Monday 1785.45 Week ogo 1727.93 TOKYO Nikkei Average Tuesday *****.33 Monday *****.76 Week ogo *****06 TSE Index Tuesday 1223.95 Monday 1227.10 Week ago 1203.49 SYDNEY All Ordinaries Tuesday 1198 4 Monday *****
      111 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 664 16  -  Need to meet banks' terms, says auditor By RAMESH CHANDIRAMANI IT IS EXTREMELY VITAL to the continuing operations of Aluminium Company of Malaysia (Alcom) that it complete its M 532.62 million cash call before the end of July, says company auditor Price
      664 words
    • 517 16 SELECTIVE BUYING amidst light selling resulted in a mixed close on the Kuala Lumpur stock market yesterday. Gainers were led by speculative industrial counters. Scattered dou-ble-digit gains were registered. Losses, on the other hand, were mostly marginal. The pace of trading slackened and
      517 words
    • 2508 16 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 Acmo (0 958) Ajinomoto (3.1 OS) xd AMD
      2,508 words
    • 282 16 SAMANDA HOLDINGS Berhad: 14th AGM at 10th Floor, Wisma Central, Jalan Ampang, ***** Kuala Lumpur, Malaysia today at 10am. PRIMA Lid: 26th AGM at 201 Keppel Road, Singapore 0409 on Wednesday, April 23, at 3pm. The EGM follows immediately after the conclusion of the AGM. AJINOMOTO (M) Bhd:
      282 words
    • 460 16 mm SUN HUNG KAI Investment, in its latest newsletter, has suggested investment in highyielding stocks as an alternative to bank deposits in view of the current unattractive rates. The broking firm has shortlisted three counters City Developments Ltd (10.9 per cent yield in 1964),
      460 words
    • 575 17  -  By CHAN OI CHEE CONTROLLING shareholder Inaovest Bhd has initiated a $40 million restructuring of publicly listed Kentucky Fried Chicken (S) Ltd which will see the entry ot the worldwide franchisor as a Joint partner in its local fast food operations. Under the
      575 words
    • 453 17 fcIRST IT WAS NOODLES. Then, tauhu. Now, the traditional soft drinks manufacturer Ffaser Neave is going into cooked food. V As part of its diversification into yet another food-related area, FAN has purchased the trademark, recipes and exclusive rights to market the
      453 words
    • 217 17 FAR EAST-Levingston Shipbuilding chairman Sim Kee floon says that 1986 will be another tough year for the offshore .Industry. "In the struggle for survival and growth, we must be ready to make necessary sacrifices at all levels in the organisation to .remain competitive," he
      217 words
    • 856 17 SHARES in London were marked down sharply yesterday following the US air-raid on Libya. Although some prices were off the bottom, the market remained nervous as dealers watched for further developments. The FT 30 Share Index at midday was down 24.5 at 1374.8. Government stocks showed losses of
      856 words
    • 504 17  -  Group also acquires Australian food company By NAJEEB JARHOM BRUNEI-BACKED QAF Ltd is venturing into the naval technology business and, at the same time, has moved further afield in its traditional food business with the acquisition of an Australian company. The two ventures
      504 words
    • 583 17 FOOD-BASED giant Cold Storage Holdings PLC has sprung a pleasant surprise by maintaining its latest year-end group pre-tax profits at the previous year's level in spite of the economic slowdown in Singapore. Overall consolidated profits before tax were lower by a mere 1500,000 at *21.02
      583 words
    • 188 17 OVERSEAS UNION Seeartttes Ltd, the closed-end investment trust affiliated to Overseas Union Bank, says its net tangible asset backing per share as at March 31 stood at $2.12. CK TANG Ltd has increased its stake in food-related Associated Catering Pte Ltd by subscribing for 50,000 new shares at
      188 words
  • Page 16 Advertisements
    • 151 16 The new Shangri-La Inn is the key to standards of service and accommodation never before seen in Penang. Its 426 guest rooms and 16 suites feature the finest amenities. And being centrally located in the heart of Georgetown it is the ideal base for business, shopping, sightseeing and leisure Bp
      151 words
    • 494 16 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF BHIP*B NAME We, Bam ta Private Limited hereby give notice that in consequence of our Purr chase a motor tanker from M/a Elyu Kalun Co. Ltd. We have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act
      494 words

  • Page 17 Advertisements
    • 66 17 TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' Weekly basis Within CBD "telephone, TV. air-con, cooker, fridge, kitchenware. household linen and housekeeping available Tfelex. secrelarial and laundry services available Covered car park 24-hour security Types available: Studio 5350 weekly 1-bedroom $420
      66 words
    • 56 17 V H6& v. H-M W&Cr'XS. mf }||w^ '■i- 1 *«g »'*t*-' 1 I :•>">& (I Rj m A f 5 •V ssr"' 7 i *r:JI y^/ m i. u-+mml •<* ->""" V-* *U' f .v H?v i IMS x- Tape Backup Service and Support The CSA Commitment »oi .< The
      56 words

  • 433 18  -  By LOH HUI YIN A GROUNDED CHINESE vessel laden with rice lying just outside Singapore waters has given the new salvage company Semco owned by the Temasek Holdings and the Sembawang group its first contract. Semco, a $35 million company which started
    433 words
  • 210 18 MORE THAN 1,000 graduates seeking work are without jobs, according to the Labour Ministry, but eight out of 10 of those who left university last year found work. Graduate unemployment now stands at about 2.4 per cent compared with the national jobless rate of
    210 words
  • 184 18 TWO BANKERS have been appointed as new members of the Public Sector Divestment Committee headed by Mr Michael Fam. They are Mr Lim Ho Kee, the senior vice-president and branch manager of Union Bank of Switzerland, and Mr Anthony Teo, the managing
    184 words
  • 403 18  -  By JAIME LYE SINGAPORE came one step closer to becoming the Pacific Area Travel Association's (Pata) Asian divisional office, after members yesterday unanimously voted in favour of setting up three divisional offices. But that will not happen before Pata is renamed the Pacific Asia
    403 words
  • 78 18 MR ALWIN ZECHA, the president of the Pacific Area Travel Association, was yesterday reelected for a second term at a board of directors' meeting. Mr Paul Casey, the vice-pres-ident of marketing of Continental Airlines in Hawaii, was voted vice-president of Pata for the first time. He
    78 words
  • 132 18 Reuter, FT THE SWISS government has ordered a freeze on all assets heM in Switzerland by former Haitian president Jean-Claude Duvalier following a request received from Haiti authorities yesterday. The move follows a visit by a Haitian delegation to Berne last week to
    Reuter,; FT  -  132 words
  • 364 18 PRESIDENT WEE Kim Wee has appointed Justice TS Sinnathuray to head a Commission of Inquiry to investigate allegations by Mr J B Jeyaretnam about executive interference in the subordinate Judiciary. A statement from the Prime Minister's Office yesterday said the appointment was made under
    364 words
  • 159 18 REPRESENTATIVES from the Big Four local banks and the stockbroking industry are still finalising charges to be made in the Central Provident Fund's new approved investments scheme. An OUB official, however, said that the majority of potential investors were small investors with less
    159 words
  • 281 18 PRIME MINISTER Lee Kuan Yew gently chided Australia yesterday for its "weak" trade and investment links with neighbouring countries while acknowledging that bilateral relations were sound and stable. "For a country with a middle rank GNP, Australia has yet to
    281 words
  • 100 18 Reuter COMEX GOLD FUTURES posted losses on dealer selling yesterday after running up early on news of the US air strikes against Libya. Gold for delivery in June fell US$3.OO to $341.20 an ounce following a brief rally to $345.20. Analysts said speculators provided the support, hoping for
    Reuter  -  100 words
  • 63 18 Reuter WALL STREET stocks dipped yesterday after a Jittery opening in the morning following the US air strike on Libya. Traders noted uneasiness, but no immediate conviction backing a larger sell-off. The Dow Jones Industrial Average was down five points at 1800, after advancing 15 on Monday
    Reuter  -  63 words
  • LATE FILE
    • 50 18 AFP SOME 200 PEOPLE demonstrated yesterday outside the Australian embassy in Jakarta, while the Indonesian press unanimously condemned a critical story published by the Sydney Morning Herald last week which linked prominent figures, including members of President Suharto's family, to several large Indonesian business corporations.
      AFP  -  50 words
    • 38 18 UPI THE SOVIET UNION is conducting landing tests with a jet-assisted space shuttle that is remarkably gtmiur in design to its American counterpart, Aviation Week and Space Technology said in its latest issue. UPI
      UPI  -  38 words
    • 44 18 AP MITSUBISHI Heavy Industries Ltd has begun development of a supersonic airplane engine, a company official said, but denied a press report that the project was connected with «wk towards a superspeed "New Orient Express" for US-Asia airline service. AP
      AP  -  44 words
    • 45 18 Reuter MARGARET THATCHER yesterday suffered the worst parliamentary rebellion within her Conservative Party ranks since she came to power. Mrs Thatcher saw 68 Conservatives defying her order to vote for a govern-ment-sponsored Bill to end laws many Britons consider antiquated and inconsistent.
      Reuter  -  45 words
    • 49 18 Reuter TEN PEOPLE were killed and 40 injured in an explosion at an open-air cinema in Chiang Dao district near Thailand's border with Burma on Monday. The area is a stronghold of former nationalist Chinese troops, rivals of Burmese opium warlord Khun Sa. Reuter
      Reuter  -  49 words
  • Page 18 Advertisements
    • 287 18 t Master of Arts in Education '(Human Resource Development)" The George Washington University School of Education and Human Development The Singapore Institute of Management in conjunction with The George Washington University, invite applications for the Master of Arts in Education (Human Resource Development) programme commencing July 1986. For Whom This
      287 words
    • 64 18 Hie German Experience with the Baron s Distinction Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Baron's own smokehouse and roast spit. Or on international Simply the best in town Royal \{cfaday£n)K Singapore 25 Scotts Road, Singapore 0922. Fur rwervatkm, please call *****66 Ext. 1634/1644.
      64 words
    • 0 18 *`!^/,|&+\.*';.~=&](*].(`"/%>;~
      0 words
  • Page 18 Miscellaneous
    • 54 18 HI Outlook for todoy: Showers m several oreas in the late afternoon. Report for 24 hours prior to 7.30pm on Apr 15 at the oirport: Maximum temperature 32.7 Associated humidity 63 Minimum temperature 25.0 Associated humidity 95 Hours of sunshine 7.95 Roinfoll in millimetres nil Roinfoll this month 13.5 Roiny
      54 words

  • SHIPPING TIMES
    • 277 19  -  -By Shahrir Ariff JOINT MARITIME search and rescue (SAR) operations, and personnel training programmes for Asean members have been identified by participants of the recent International Maritime Organisation (IMO) sub-region-al seminar as some of the activities they should pursue. Mr Teh Kong
      277 words
    • 399 19  -  By JUNE LIM FREIGHT FORWARDERS are now allowed to unstuff consolidated boxes at their own premises. This is a reversal of an earlier ruling which stipulated that all boxes had to be unpacked within the free trade zone. An official of the
      399 words
    • 162 19 INDONESIA'S state oil company Pertamina has cut the size of its shipping fleet by 43 vessels since September to reduce cost. Pertamina Director of Shipping and Telecommunications Indra Kartasasmita told reporters that some of these vessels were more than 25 years but
      162 words
    • 150 19 AFP JAPANESE dockers ended their four-day nationwide strike which crippled container-cargo handling at nine main ports, Japanese Transport Ministry officials said. The 56,000-member all-Japan Port and Dock Workers' Federation went on a nationwide indefinite strike on April 11 to press for more pay. The union
      AFP  -  150 words
    • PORTSIDES
      • 77 19 Reuter A TWO-DAY international seminar on shipping and ports will be held in Bombay starting April 21, seminar sponsors said. They said the seminar will focus on technological developments in ports and the shipping industry. The seminar is sponsored by the state-owned Shipping Corporation of India,
        Reuter  -  77 words
      • 110 19 Reuter CHINA WON foreign orders in the first quarter of 1986 to build eight ships totalling 220,000 dwt. This is equivalent to that which it received for the whole of calendar 1985, an official of the China State Shipbuilding Corporation said. The New China News Agency
        Reuter  -  110 words
      • 26 19 Reuter THE AUSTRALIA to Europe Shipping Conference will lower its currency adjustment factor to 6.65 per cent from 10.71 per cent, effective April 15.
        Reuter  -  26 words
    • 1236 20 ON THE London freight market on Monday, charters began the week slowly with this month's prevailing weak tone still in evidence. Apart from a scattering of grain and time-charter business, little fresh detailed chartering came to light. North American grain fixing comprised just the end-April fixture of the
      1,236 words
    • 775 20 Bangkok Post WITHIN THE NEXT three weeks, the House Kra Canal Committee of Thailand will conclude its study on the long-standing idea of dredging a canal across the Kra Isthmus. The study will be presented at the next parliamentary session. The committee will
      Bangkok Post  -  775 words
    • 135 20 SEA CONTAINERS America Inc will accept delivery of a range of domestic dry freight containers this month. The equipment include high cube containers of 45 and 48 ft in length, 40-ft collapsible flat racks and extendable chassis. Mr Gary L Towell, vice-president
      135 words
    • 250 20  -  By Kingsley Wood PORT representatives from 14 Asian nations have been in Melbourne for a seminar sponsored by Australia and organised by the UN Economic and Social Commission for Asian and the Pacific. Escap has its secretariat in Bangkok and this was the first conference in
      250 words
    • 836 20 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X I AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 4 Atlas Line X 3 ANL I 1/2 APC Line V 4 APL M 2/3 ASCL m I Bolt-Canada Line
      836 words
    • 154 20 MANAGING director of the Asia North America Eastbound Rate Agreement (Anera), Mr Dougald Dick, has told shippers the conference is endeavouring to assist them to improve efficiency in handling goods at ports. One of Anera's first such moves has been to send a
      154 words
    • 214 21 AFP PIRATES OFF the southern island of Mindanao staged 39 attacks on boats last month, the Philippine News Agency (PNA) said. In one incident, five fishermen and four pirates were killed on March 5 when pirates boarded a fishing vessel and traded fire with
      AFP  -  214 words
    • 392 21 A DISPUTE OVER severe vibrations in a Panamax bulk carrier being built in South Korea could result in the cancellation of one ship and delays in building another. It is the second case of serious vibration connected with the latest type of long
      392 words
    • 166 21 A NEW FULL container service under the masthead of Ocean Star Line will be launched between US east coast and New Zealand and Australia. The first vessel, with a 585 TEU capacity will begin loading in Halifax on April 22 before proceeding to New York, Norfolk,
      166 words
    • 104 21 FOREIGN FLAG ships can now be registered in the General Council of British Shipping as the British shipping establishment responds to a decline in the UK register. Rule changes approved by the GCBS mean that any UK company operating ships can be a member of the
      104 words
    • 181 21 Reuter WEST GERMAN seamen stepped up a strike for better By and shorter hours, strandl passenger ferries and other vessels in Scandinavia, Belgium, West Germany and The Netherlands, their union said. A spokesman for the Public Service and Transport Union (OETV) in Stuttgart said
      Reuter  -  181 words
    • 917 21 AFP SHIPOWNERS' hopes of any revival in earnings were dealt a further severe blow over the past week when rates fell to the lowest level recorded during the last 10 years on a handful of key grain routes. The only comfort to be gained from these depressing conditions
      AFP  -  917 words
    • 5138 22 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a
      5,138 words
    • 801 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Johore Br 54B 16 486 1800 Kawasaki Fl 0900-1000 U4 Ming Fortune 18W 16 4 86 1900 Malay States F1 1000-1100 HI Hye Siong HW8 16 4
      801 words
    • 631 27 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Jennol K22 Thong Soon alongside 16 4/0700 Koto Rotu K30 PIL alongside 16 4/0600 Koto Wirowon K3I P1L alongside 164/1500 Nordhousen K28 S'pof® Shp alongside 16 4/1200 Oriental Jade K20 NAPL alongside 16 4/1500 Seomaster 1 KI6 Borneo
      631 words
  • Page 19 Advertisements
    • 796 19 {``+`~+_[&=}!?(}@(>[:~*~!;?.!/\ OOCL Orient Oveiqeas CtUaitm Line IMOM SWfWE AGENCES (Reg. lb. 242*4/ OOK) 70 Slwntoo Way #04-03 Marina House Singapore 0207 Id *****11 TELE* NO RS ***** CFS OFFICE IPC #***** Tel *****31 and *****32 Terminal office TPC #03 030 Tel *****90/*****93/*****01 PESAKA mm. SVTMC ASNOES SON. BW PETALNG JAVA
      796 words
    • 74 19 THE HOUSE Kro Conol Committee of Thoilond will conclude its study on the idea of dredging a conol across the Kro Isthmus. Pig* II A DISPUTE OVER severe vibrations in a Panamax bulk carrier being built in South Koreo could result in the cancellation of one ship and delays in
      74 words
    • 1231 19 A hard look at what it will take to succeed in business lor the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. MAERSK LINE Panang Vmml CY 21/4 IMC MIS CfS 20/4 2300 HIS FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN
      1,231 words

  • Page 20 Advertisements
    • 440 20 VOf T TNI? YAMASHITA-SHINNIHON LINE JL 000 AJJLIyI JUj trans-pacific services STRAITS FEEDER I Pacific South Waat I Pacific North Waat I Atlantic/Canada I Faodar at Kao Faador at Kao 1 Faodor at Kobo ■rnTwn« ~T"T™raair *iiT~Wß[T 7 ~ar'™Er T 3B ■FTHPJ I ii W'IMI WT' r Tr™EgiirSiM on En
      440 words
    • 252 20 Supercarrier Service i «LJI > '"Ml »/4 22/4 23/4 25/4 17/1 M/ 4 2/5 J/5 4/5 17/1 11/5 12/5 11/5 15/5 27/1 NEXT MtMMLSNI ROSAMO 16/4 BARKR PtRStUS 30/4. BAMCR TOMSKRC 27/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF Lii—Bl l»/4 l»/4 22/ C 19/ C 11/t 22/( 2»/4 21/4
      252 words

  • Page 21 Advertisements
    • 932 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd Overseas Containers Limited CONTAINERSHtP SERVICE TO UK'CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SW6APOK TO SABAH. SARAWAK AND BMC accepts emu me uu CONTAINf RSHIP SERVICE PROW UK CONTINENT RAMH
      932 words
    • 656 21 Franco Belgian Services f&j I t r. n< X. r, ,•>. x. ,r- I ir I i-l. rr I i MFMBER OF ACE ~ONSORTIUMi I: STORI PJELAM U IMm rta F~Umn Nm VHm AM lOKANMCUI kW (14 Apr) 15 Mr M Mr M "»r 11 13 Mr BO KM KTTWI
      656 words

  • Page 22 Advertisements
    • 353 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS FROM N. CONTINENT &UK IMPORTS Agents BEGANI ***** M K. lap* *****25/1/1. *****49 *****71 t *****1 *****00 CFS 3M27S *****41 fmm (*****, (***** *****33 1131(3 *****11. W LLOYD TRIESTINO CONTAINER SERVICE Acc.ptcargo for: Borcatono. Mimte (FOS). Goooo. Tnnt* Yugoslavia, Switzoriond, Hw)iii>, C«od>oMo»ofcio. Swriwa Gom» exwmti to
      353 words
    • 116 22 M.S. LINE KO»fS FULLY CO NT AINERISED SE RVI C E TO EUROPE Via MlfZ 1 M r+ ,p Cf Comwlwrn wfTUK am* MR snt; fp>iM iiIPOPI VIS mhpr of thf Ace Consort urn mam m CJL I0«TO X CMM CORIMB Ml m nv% m at car x/mo m CCH
      116 words
    • 1533 22 /jf/ Hai Sun Hup Co (Pte) Ltd m 1 TEL *****06 (20 Lines) TLX RS ***** &RS ***** xm. I ASII R\ \K I I\l K. I II) INTERMARITIME LTD K Knabato (Sub Aeeni) Tel: *****0 lakarta (SM A«wl) M S7OMI REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM SP
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  • Page 23 Advertisements
    • 811 23 SHIFrIJNu HfliEA, neancsaay, apni 10, i»« PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE MA HAWK MA HAWK VOY SIN JKT MM m Pt t»/4 Ml 7 23/4 2S/4 VESML MA DRAGON MAJAPAHIT MA GLORY MA DfIAOON VOY
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    • 910 23 BEN LINE CONTAINERS EXPRESS COWUINER SERVICE TO UK/COMMENT EXPRESS CONTAIO SERVICE FROM UK/CONTMENT HAM rHAVENRDAM HAWK STQH FHIANG STORE FOR car Sao* SM Sj«m m m 21/4 2j/« «C run frWhrt Eipreu SjM SaOri bM SaOrt bM 71/4 1/5 TW I*» Eipren Sa«N SaM W 17/4 J/5 18/5 *C TNN
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    • 482 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. BESURI LLOYD P.T. SAMUDERA INDONESIA e P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE *€AMDA GAMA VISNB OCUN POM I IJ BONTANC 1 S pore Mfcioßnww Adam/Rdan Ldn Haitort 20-21/4 »/5- 5/6 3/1 1/6 1-3/5 31/5 3/6 7/6
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    • 368 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR Mat*e V 3 Pi|«i V9BW Pa-w V94W Htoneywa V/ 211 10A0MG FOR EUROPE V* (Burmese National Line) Loadng for Rangoon Spore P-Ketanf Pen In Pt 11/19 Apr 22/24 Ipr —r 5/7 May BANK LINE EXPRESS gMfcCMMB A HYUNDAI MERCHANT MARINE BULK TIMBER AND PLYWOOO
      368 words

  • Page 24 Advertisements
    • 1111 24 K USA CANADA ATLANTIC COAST (Round The World Service) KAWASAKI KISEN KAISHA, LTD.ORIENTAL KNKJHT V 26 16 Apr 11 May 22 May 24 May 26 May 28 May ii Jun MERCATOft V37F/N. GAR*! V 3 22 Apr 17 May 29 May 31 May 2 ton 4 ton 28 ton CJ*.
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    • 765 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains ESTECIIPttR 22 Apr CAIABAR 6 May csnciiPttß 2b mj, I iff' Vnsri S porf RAVOAS 27 Apt chanoms n v MBRIMS ?2 lb, RAMOAS 1? fen Melt) Frew Sydn May 17 May IS May M May 23 May 71 May £km It hMi
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    • 642 24 GOLDEN LINE GUAN GUAN SWPIH6 (PIE) LID 23. Tata* *r« Street SNGATOW 1104 TEI 5343W1 (II IMS) STRAITS/PERSIAN GUIF SERVICE: e GOIDEN KM Colombo Karachi Dubai Dofca Bahrain 27/2 V Apr GOLDEN HAVEN Colombo Karacto/Data Bahrain 15/17 May CHINA OCEAN SUPPING CO., PEKI9G THE PEOPLE'S REPUBLIC OF CMNA RONGIANG to
      642 words
    • 450 24 INTRASEA (PTE) LTD 10 Anson Road 027 16 Internationa' P>a/a— SingapO'e 0207 T e i *****1 1 (1 0 Linesl VOAASXAIIirX <► BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI M l DONA. MBCAT. BMfMM Hit ONE (OK. Kant WMLA bmm.
      450 words

  • Page 25 Advertisements
    • 624 25 NOL NEPTUNE ORIENT LINES LTD Spere NEPTUC AGENCIS PTE. lIS. TeUte office leraanal CfS BOOKMCS *****77 Ft EH/MBT IPA/*A *****77 *****22 *****53 09 DRECT L9CS J7JS7SJ 27»ZJ£ Tu* imai fIUTS* an 2*l* P Aelan, HMPEK MUSMN. *****1 *****1 P laya HARPER MM SON. M *****2 Ptrar, HARPER MM SOW BHD
      624 words
    • 438 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG. BUSAN, INCHON nt s Ik Daum/MM n» 7 Datum, M3H lb i Daam/M4H Hi I Damn 60 JN m/M2N Hi. 7 Donan W4N lb Datan M4H Hi C Donan, SOW Hi. I Daom/M4H Pal riant n/4 5/5 11/5
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    • 602 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KfIANG rDMNC X s FSBVSSJrS? TSrT?iff tE^ 100 «srs ha. thong shptmg 127 p««n« st«*t Pen,* MALAYSIA CattK
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    • 99 25 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Road #06-01 Ng Teov* Yhee Olds S 0923 Tel ?35 8444 4 lme«). Port >"Ijnf I'f.i Pin? Ship{wnf "xlr Bhrt T<>l 03 3R9C.1 S PcfUng J r if*" f. Ifimpntt i 1(1 04M893 M.il.mun Srtri Bhi' 1 M
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  • Page 26 Advertisements
    • 347 26 •iWff REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSQ. Ita/Fri 117-11/4 H/irrna Kkß 111 JLM ittajti PETTI i K&WM LTWI hKJii I II —I Ml I| lr-n-WMEg*J ii I TMI 1 Ml '111 'i Hifl M iTi "irm m. mrrmr-wmTZjTmrzZMEUZM VjTu 1«... fetti rsTTa ■7771 THAILAND MALACCA STRAITS FEEDER
      347 words
  • Page 26 Miscellaneous
    • 165 26 Regional Weather N A ,1 a m M *9 r sM I <3 FSepe? r IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height LEGEND: R Thunderstorm direction with speed m t V Shower Rain Wave height Cloudy Sky Surface
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  • Page 27 Advertisements
    • 108 27 m HSC AGENCES R. LUMPUR P. KELANG POMN6 P. GUDAMG J. BAHARU LEOSHP SPORE 242WH/*****56/*****45/*****93 I *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO. EURO* Ftfua FROM EUROPE n ii '.ri'wmiiiM II M -TTT»I!f ii ic.amiif PTj rriFTM ii 'ii'.'iittiiif n j.'.'iniPiM ii'.'j'iißTim ALSO ACCCPTMG FOR:
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    • 167 27 COLUMBUS LINE REEDEREI GMBH FXPRESS SEMJ CONTAINER SERVICE 10 HULL ROTTERDAM HAMBURG PROMPT SHIPPING LINE SA. HCULM MONTH. Y HO SOrWCf TO IKST AFRICAN K*TS £TA STOK MMNGHAI cam Ist Ifay Own*. HjU* Oik* Colonmi CHMHI CWtfl* 25ft May ■»<»*. OmaU. Mmm. am* MORS WEN CHANO wmn Eiroßnwoto PTI LTD
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    • 473 27 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TMN DECKERS Oil REGULAR LMER SERVICE FROM TANK AN TO SMGAPORE AND N MAIAYSIA BULK CARGO FROM SOUTH EAST-ASIA TO TAIWAN, HONGKONG AND THAR.AND. SAMTft) SAMTA SHIPPING LINE REGULAR, REUABLE AND FAST SERVICE (Ml WESSCLS SMGAPORE FLAG NO tfffOVED BY
      473 words

  • Page 28 Advertisements
    • 522 28 conventional service [WlMUUlflßSlj TO AND FROM UK/CONTINENT TO: EUROPE TG MM BEMIAMAS ta Pat 19/71 Apr 22/24 Apr UK. RIM. ICG. BHYN AMP FM- EUROPE PENANG PMLANG SfOK BANGKOK FOK UTA 11/20 Apr 21/22 Apr 23/24 Apr 26/29 Apr FM. *G BHVN AW HULL AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE
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    • 417 28 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****44 (3 LINES) TLX NO. RS ***** HEAPCO FULL CONTAHER SERVICE TO PORT KELAN6/PENANG me 17 Apr 24 Apr 1 May MRECT WEEKLY CONVENTIONAL/CONTAHER SERVICE TO PHUKET VESSELS VOY NO STORE PHLKET PKLANG
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    • 661 28 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE 10 EUROPE (VU SUEZ) KOREAN lACEAN 33* NEPTUNE CRTSTAI 34* HOW UN CHANCE ?6«f Spore ta ft 23/« 30/4 U<( Adam Fstwf H'bw| Bran 5/5 6/5 1/5 10/5 11/5 12/5 IJ/5 14/5 16/5 U/5
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    • 806 28 Everett Lines COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Loading lor Catao Mata'ini No and all other Peruvian ports witti transhipment <1 Kobe On CPV Througti Bills ot lading to tinal destination Penary* P Kdanf MANOIOEVERfTT toHNEvorn MURRAYEVERETT Sinfiptrt 26/27 Apr VI *»y 21/23 May "EVERETT ORIENT LINE" JAPAN/BAY
      806 words
    • 386 28 ZIM NON CONFERENCE MDEPENDENT FULL CONTAMR SERVICE accepta* FCI/ICI carfoes to USA East t West Caast. Carri»bea*East Canada and JWTj laiiMVlKm KSSEI 234 K ft «SStl 1 S K I KSSEI IS* ft KSSEI It S K ISSK »SX liK 3i* St* 30 S* It* 12 ft M M(Jt lti*
      386 words