The Business Times, 9 December 1986
1986-12-09
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The Business Times
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Title Section12 1986-12-09 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, DECEMBER t, IMC 75 CENTS12 words
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Article, Illustration227 1986-12-09 1 STOCK MARKET LATE SELLING pressure pared earlier gains resulting in the Singapore stock market closing mixed yesterday. Trading volume was moderate with many investors staying on the sidelines. The Straits Times Industrial Index finished the day at 891.40, 1.41 points higher than overnight closing levels. The BT227 words
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Article, Illustration514 1986-12-09 1 ELAINE KOH - Government ordered inspection into loans of Asean Resources By ELAINE KOH THE CHAIRMAN of financiallytroubled Asean Resources, Datuk Yap Sing Hock, is assisting the Hongkong police who have begun investigations into the affairs of the publicly-listed company. The police investigation follows last Thursday's514 words
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Article, Illustration324 1986-12-09 1 Bernama THE MALAYSIAN Parliament yesterday approved the Companies (Amendment) Bill 1986. The Bill, among other things, is aimed at checking the activities of irresponsible company directors and protecting the interests of sharenolders. particularly minority shareholders. Under the amendments, it is mandatory for a companyBernama - 324 words
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173 1986-12-09 1 Reuter MEMBERS of the Association of Tin Producing Countries will cut output by at least 10,000 tonnes next year to reduce a world surplus. Quotas for the output cut are likely to be allocated at a threeday ATPC meetingReuter - 173 words
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Article, Illustration407 1986-12-09 1 CHUANG PECK MING - By CHUANG PECK MING IT WON'T be such a merry Christmas this year for those who sell Christmas cards. "Business is slow" was the answer from many retailers when asked about sales prospects for this season.407 words
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252 1986-12-09 1 THE LATEST developments in the government's divestment plan are expected to be announced in Parliament today. Finance Minister Dr Richard Hu will be asked about the number of government companies that have been or are about to be divested as a result252 words
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447 1986-12-09 1 ANNA TEO - By ANNA TEO HITACHI ZOSEN Corporation, the third largest shipbuilder in Japan, has bought over local businessman Robin Loh's 50 per cent share in their joint venture, Hitachi Zosen Robin Dockyard. With the equity change, to take effect from tomorrow, the447 words
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163 1986-12-09 1 AFP THE COMMANDER of US forces in the Pacific has endorsed, in an interview published in Bangkok, the partial conversion of US Foreign Military Sales credits to Thailand into grant aid to lessen the impact of expected cuts. Admiral Ronald Hays was quoted by TheAFP - 163 words
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Page 1 Advertisements
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Advertisement69 1986-12-09 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM CASUAL-CHIC I i I V <• ft \\4 e It says so much for you. Verv distinctive. For those who know high fashion and choose it. MADE IN ITALY Sole Aftnt Hi 9 h fashion casual wear milano V* J. MA SPORT (S) PTE69 words
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Advertisement309 1986-12-09 1 Report off the Public Accounts Committee, Page 2 A capital chance THE Chinese government intends to tap international capital and commercial markets for funds to finance development projects under China's current five-year plan. This represents a good opportunity for Singapore bankers and financiers to capitalise on and to add new309 words
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Advertisement65 1986-12-09 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Cartier m i 18 CT 3 GOLD BRACELET. RING AND EARCLIPS Cartier jewellery is sold exclusively in the Cartier jewellery stores and Les Must de Cartier boutiques Each piece is accompanied by a certificate guaranteeing its authenticity mu/t" de Cartier boutique SINGAPORE #01-36, Lucky65 words
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Article637 1986-12-09 2 ARRIVALS Operator Sorvic* Local From nwmbor Hmo SiA SQ15 1350 IAX/HNL/TPC GU GA956 1355 DPS su SQ956 1355 DPS SIA SQ109 1405 KUL SU SQ455 1410 IWN THAI TG405 1415 8KK/HKT AY AY902 1420 HEL/8KK wrr IM694 1425 FRA/IOM KIM KL831 1430 AMS/KW1 GU GA881 1435 LG637 words
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HOME NEWS
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Article, Illustration351 1986-12-09 2 YOUNG ARTISTS were told yesterday to "popularise their products" and to study how best to market their works. And like any other profession, they must have their own professional body to set acceptable standards. "They cannot expect someone else but themselves to devise351 words
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Article41 1986-12-09 2 A BT report on Dec 3 stated that the Institute Oi International Relations had conducted a seminar on interest rate swaps. The correct name of the organisation is The Institute for International Research. We apologise for the error.41 words
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378 1986-12-09 2 FOO CHOY PENG - PUBLIC ACCOUNTS COMMITTEE REPORT By FOO CHOY PENG, Chief Reporter THE QUESTION OF whether self-financing statutory boards should transfer their surplus reserves to the government is expected to be settled at the next Budget session. The Ministry of Finance (Budget Division) has completed378 words
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251 1986-12-09 2 THE Skills Development Fund has been urged by a parliamentary committee to help small companies to develop more relevant training programmes. The suggestion by the Public Accounts Committee, a watchdog body which scrutinises spending of public funds, is prompted by the observation that small251 words
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241 1986-12-09 2 MINISTRIES are to cut their staff for existing programmes by 3.7 per cent and statutory boards by 5.4 per cent in line with a general plan to reduce staffing levels in the public sector. The projections were contained in the latest report of the241 words
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Article112 1986-12-09 2 SUPERVISORS in ministries and statutory boards should be made to review their operational and financial systems regularly. In its report to Parliament, the watchdog Public Accounts Committee, which keeps an eye on how public funds are spent, suggested that supervisory staff should certify at periodic112 words
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Article57 1986-12-09 2 A SET of leading indicators which will give the government a feel of the economy will be published as soon as it is thoroughly tested for accuracy and relevance. the Trade and Industry Ministry told the Public Accounts Committee. An econometric model which could help to forecast the57 words
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Article, Illustration252 1986-12-09 3 VEHICLE INSPECTION in Brunei will be computerised within two years, and Singapore may have a significant hand in upgrading this service. Pehin Dato Haji Abdul Aziz, Brunei's Communications Minister, confirmed that Asean's newest member-nation would be computerising its vehicle inspection services within one to two252 words
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Article137 1986-12-09 3 FOUR Japanese experts in construction technology are in Singapore, attached to various statutory boards for three weeks, under the Technical Cooperation Programme between Japan and the Construction Industry Development Board. They will give in-house lectures and advise the boards' engineers and architects. Dr Isao Sakamoto, an137 words
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262 1986-12-09 3 QUIT SMOKING CLINICS should include sessions on how to cope with tension and stress at work, a major reason for lighting up. suggests the Ministry of Health (MOH). The ministry, the organiser of the national smoking control programme, conducted a survey262 words
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459 1986-12-09 3 MARTIN SOONG - Sperry's local facility a valuable addition to Honeywell's capabilities By MARTIN SOONG THE SALE OF Sperry Aerospace and Marine, a local subsidiary of Unisys Corp, to Honeywell Inc last month could lead to the manufacture of sophisticated cockpit systems in Singapore, integrating the459 words
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Article81 1986-12-09 3 THE SINGAPORE Malay Chamber of Commerce is organising a workshop on "productivity and profitability" this Saturday to discuss office automation, new areas of business and marketing techniques. Speakers at the workshop are Haji Ramli Osman of the Department of Information Technology, Mendaki Foundation; Haji Suhaimi Salleh, managing81 words
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Article56 1986-12-09 3 THE COMMUNITY CHEST of Singapore is $339,427 nearer to its target of $11 million after more donations received yesterday. The Japanese Association presented $109,427 to the chest while 18 suppliers contributed $250,000 from the sale of 23 brand leaders in the "Starbuy" scheme. The chest hopes to raise56 words
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Article, Illustration253 1986-12-09 3 SINGAPOREANS borrowed on the average 2.75 books each last year from the National Library, up marginally from the 2.41 average of the previous year. The figure falls far behind that of city libraries in London, Brooklyn, Hamburg and Tokyo, according to the library's253 words
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Page 2 Advertisements
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Advertisement89 1986-12-09 2 I I I \l\ I The business person's choice, every I I II \I I II II I Tuesday, Thursday, Saturday and I M VI \l I VI f I \l Sunday. Leaving Changi Airport at I i\yJ- 1 22:05 hours and arriving at Heathrow at 06.45 hours the following89 words
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Page 3 Advertisements
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Advertisement238 1986-12-09 3 "Why leave money in your current account lying idle? g*&m .*Z X r ->• m -*v .-X V 0 0 Hi "Especially when Citi-One can reaUy make it work for you! "Citi-One gives you Maxi-Save. Which means we automatically transfer every dollar over Sslooo from your current account into savings238 words
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ASIA-PACIFIC
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Article, Illustration596 1986-12-09 4 Communists table conditions for lasting peace AFP COMMUNIST rebel negotiators yesterday said they will demand the removal of US military bases and radical political, social and economic reforms by the Philippine government as conditions for lasting peace. The National Democratic Front (NDF) alsoAFP - 596 words
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Article61 1986-12-09 4 AFP PAKISTAN'S opposition alliance, the Movement for the Restoration of Democracy (MRD), has decided on a new leadership structure to manage its campaign for immediate general elections. A spokesman said on Sunday that Benazir Bhutto and other opposition leaders had voted to set up a policy-making national council,AFP - 61 words
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229 1986-12-09 4 Reuter THAILAND'S gross domestic product is expected to grow 5.4 per cent in 1987 against about 3.9 per cent this year, according to economists at the Thailand Development Research Institute. They told reporters yesterday that the nation's trade balance would continue toReuter - 229 words
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283 1986-12-09 4 AFP CHINA is to announce an overall plan for national political reform within a year, though the reform itself will be a huge project needing many years to complete. In a commentary yesterday, the People's Daily said that the central authoritiesAFP - 283 words
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Article131 1986-12-09 4 AP PRIVATE and collectively run research institutions have grown to about 10,000 since the government began allowing them, but some have been forced out of business by unreasonable taxes and charges. The People's Daily (Renmin Ribao) said on Sunday that many scientists and technicians had quitAP - 131 words
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Article, Illustration452 1986-12-09 4 UPI A PROMINENT MEMBER of Taiwan's new Democratic Progressive Party (DPP) said yesterday that his party's strong showing in legislative elections could persuade rioters to direct their energies towards peaceful change. In the first opposition-con-tested elections in nationalist Taiwan's history, 23 of theUPI - 452 words
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231 1986-12-09 4 AFP THE CONGRESS (SOCIALIST), a major Indian opposition group, was to merge with Prime Minister Rajiv Gandhi's Congress yesterday, eight years after it split from the ruling party fearing a right-of-centre tilt in its leadership. The decks were cleared for the merger on SundayAFP - 231 words
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183 1986-12-09 4 AFP THE Indian government has banned Indians from bringing firearms into the country, in a measure effective from last week, the Indian Foreign Ministry said. An Indian official said it was a general ban. But Hongkong and Singapore are known in IndiaAFP - 183 words
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266 1986-12-09 4 AFP THE LATEST French nuclear bomb tests at Mururoa Atoll means France has detonated "nearly 100 Hiroshima bombs" in the past 11 years, New Zealand Prime Minister David Lange said yesterday. Commenting on news that France exploded its latest bomb, aAFP - 266 words
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67 1986-12-09 4 Reuter A SAUDI ARABIAN minister said on Sunday that' Australia was a potential-) ly large market for the kingdom's petrochemicals and refined oil products. Addressing a meeting of the Saudi-Australian Joint Economic Commis- sion, Industry and Elec- tricity Minister Abdul-Aziz j Abdullah al-Zamel said AustraliaReuter - 67 words
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Page 4 Advertisements
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Advertisement52 1986-12-09 4 i a Korean Air wide bodied jet takes off from Singapore bound for Seoul. With ten connecting J lights to New York every week, it's a fast and easy way to fly. For full flight details please contact our Singapore office on *****11. KSKEtNAIR NXfc're honored to serve you around52 words
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Advertisement68 1986-12-09 4 Hong Leong Centre 138 Robinson Road An Image You Can Bank On New, prestigious building in the heart of the banking financial district Highly visible corner ground floor banking hall with vault High pedestrian traffic from 9 5 pm Elegant internal spiral staircase link to banking offices Approx. ***** sq68 words
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Page 4 Miscellaneous
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Miscellaneous107 1986-12-09 4 Doonesbury T/H NOT REALLY AN EXPERT, SIR, SO I GOULD HAVE THIS URON6, J BUT IT LOOKS UKtYOU SOLD Wk OF YOUR HOLDo IN6S JUST BEFORE THE BOESKY ANNOUNCEMENT. V y tLLSAY THE DOW PLUNGED 40 POINTS. YOUSAVBP... LETS SEE... imm xjj/Sm&V ABOUT *23 MIL UON. 1 HIRE 600P PEOPLE.107 words
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REST OF THE WORLD
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397 1986-12-09 5 AP A PANEL of international leaders has concluded in a report that the United Nations could become "an ageing body of declining relevance" without budget reform. The report's authors included two Africans considered as candidates for secretary-general, four former US Cabinet members andAP - 397 words
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386 1986-12-09 5 Reuter THIRSTY UN speechmakers are up in arms because, in an economy measure, the financially strapped United Nations has stopped supplying ice water to delegates in the conference rooms. Delegates spent much of a four-hour meeting that adjourned last night disagreeingReuter - 386 words
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169 1986-12-09 5 AFP RESEARCHERS at the University of Illinois have built a computer capable of being programed to compose music in the style of German composer J S Bach, who died in 1750. Creators David Sirkin and Larry Rendell claim their machine can beAFP - 169 words
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312 1986-12-09 5 Reuter THE UK government is considering using unprecedented powers to clamp down on fraud and malpractice in financial dealings. Corporate Affairs Minister Michael Howard told a television interviewer that old cases involving alleged misconduct, such as inside trading, could come under scrutiny.Reuter - 312 words
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593 1986-12-09 5 Reuter DEVELOPING COUNTRIES are impeded in efforts to repay huge debts by US trade policies limiting their exports, and analysts see little chance of liberalising those policies because of growing protectionism. Third World countries complain that their goods are being kept outReuter - 593 words
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352 1986-12-09 5 Reuter PRESIDENT Jaime Lusinchi of Venezuela is devaluing the bolivar as part of a package of measures aimed at spurring economic growth. Mr Lusinchi said on Saturday that the new official rate would be 14.50 to the dollar, a 48 per cent drop fromReuter - 352 words
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Article210 1986-12-09 5 UPI THE PERUVIAN GOVERNMENT this month will relax a 16-month-old freeze on the prices of all but about 200 basic goods and services, the official El Peruano Gazette said during the weekend. Prime Minister Luis Alva Castro told about 100 business leaders last Friday nightUPI - 210 words
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Page 5 Advertisements
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Advertisement265 1986-12-09 5 Check out the new computer IBM have just given to Computer Age ~ww Tv- V* J J 'v •*.Z*?i r <*-'* n w TTTTI I T I mil l 111 I*? i I *****1 II mil .X 4 r > i- i v,» *Mb i \s» i I i iSSmd^SSS^^^t-.265 words
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Advertisement9 1986-12-09 5 World marfcot watchdogs to moot In UK, Pago 109 words
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Advertisement95 1986-12-09 5 LONDON AMSTERDAM FRANKFURT ZURICH DUBAI 1 KUWAIT fIDHAHRAN KARACHI •BOMBAY MADRAS TRIVANDRUM TOKYO HONGKONG TIRUCHIRAPALLI BANGKOK COLOMBO m MALE KUALA LUMPUR w I On Air Lanka you can select from 72 flights a week, to 23 destinations on the Wings of Paradise. Whichever flight you select youll experience the gentle95 words
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RAW MATERIALS
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282 1986-12-09 6 UPI ALASKA has announced that it plans to sell more than 1.3 million barrels of oil to a Taiwanese company, representing the first US domestic overseas crude oil shipment since the Arab oil embargo. Chinese Petroleum Corp was selected over six other companiesUPI - 282 words
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258 1986-12-09 6 Reuter ANYONE crunching a pack of peanuts at cocktail hour this week might want to spare a thought for the peanut traders of Rotterdam. The Rotterdam-based peanuts trade has been caught wrong-footed by a sudden glut after earlier hints of a shortage. WarehousesReuter - 258 words
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Article191 1986-12-09 6 THE MALAYSIAN crude palm oil market closed easier in dull trading yesterday as most operators kept to the sidelines, reflecting absence of buying interest coupled with a lack of overseas offtake. The market was cautious after last Friday's lower Chicago soyoil futures closing and were unwilling to commit191 words
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Article96 1986-12-09 6 OIL PRODUCTS THE MARKET was quiet with little trading in view of the coming Organisation for Petroleum Exporting Countries meeting later this week. On the products market jet kerosene and fuel oil firmed while other products remained stable at last Friday's close. Closing prices for crude (FOB origin) US$/barrel Change96 words
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Article66 1986-12-09 6 Bangkok Broken Rice 118 115 (US$/tonm, FOB) A-1 Sup* A-l Sp*cta< White Rice C-l Special «>q 100% 1 *> das* 245 C-l Od unq 100% 2nd dan 100% 3rd dan 210 205 Loonzain Rice 100% 1«> grod* unq 5% 195 100% 2nd grod* 205 10% 190 100% 3rd grod*66 words
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Article188 1986-12-09 6 SINGAPORE The market closed slightly higher yesterday with January 1 RSS buyers quoted at 177.00 cents/kilo, up 0.25 cent from last Friday. On the TSR-20 market, trading was very quiet all day but prices were marked up in line with the RSS market. TSR-20 January and February closed at188 words
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Article100 1986-12-09 6 TIN tail 74 cants to dON at M 516.30 par kilo on th« Kuala Lumpur tin marfcat, in a tachnical corraction to tha racant gradual riaa. Operators tradad cautiously at tha opaning, axpacting a braak In prlcas aftar tha sharp dadina on tha Europaan spot marfcat at tha100 words
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Article285 1986-12-09 6 RAS prices in s cmm«, fob m t»tM 1 NOON CLOSE Buyan S#Jt#rs Buyers Sailors Int 1 RSS Prompt 178.00 179.00N 178 JO 179.50N kit 1 RSS ion 87 176 JO 177.00 177.00 177 JO In* 1 RSS F «b 177.00 177-50 177 JO 178.00 Int 2285 words
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Article87 1986-12-09 6 (e«nt»/kg, 1-*en po#*n) JAN 87 FEB 87 (currant month) (forword month) NOON NOON RAS Bvy«n luy«r> l IHn SSt 20 167 JO 169 JON 168.50 170 JON ss» SO 165 JO 167 JON 1 66.50 168J0N dl:l *j»lhn S#M#o SMK CV 275 00 277.00N 276.00 278.00N SMI87 words
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Article138 1986-12-09 6 Chinese Produce Exchange Sellen noofl pf Omc 8 (SS/100 kg). Coconut oil Bulk FOB 66.00 Otd drum FOB 76.00 Now drum FOB 86.00 Copra 33 Mixed (too**) buy*rt Pepper Muntofc Whit* FOB HIW 1415.00 Sarawak Whit* FOB faq NIW 1400.00 Sarawak ipadol biack FOB NIW 1025.00 Sarawak Acta138 words
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Article546 1986-12-09 6 COFFEE Robusta futures tumbled further at midday. dropping to yesterday's lows by the end of the morning call. Prices ranged from £60 to £95 per tonne lower, with the key March delivery down £60 at £1,840. The negative influence of New York's limit-down closing, plus trade ideas this546 words
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Page 6 Advertisements
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Advertisement179 1986-12-09 6 WHS llVi B1 (?h»T«T!tim?«J kVTVUMij i? ■L*^H iili RBTSfa iBJBS»SIISJ B3 Rfrafrrwrnrrr Sit down and appreciate the best part of any Volvo, the pleasure of driving. When you slip into our lumbarsupported driver seat, you'll now experience even more comfort with additional lateral support. You'll encounter a sportier steering wheel179 words
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WORLD BACKGROUND
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Article, Illustration821 1986-12-09 7 FOCUS ON JAPAN AP IN THE PAST YEAR. Japan has become the world's largest creditor nation, a significant event which underscores its remarkable climb to economic supremacy in the four decades since the end of World War 11. The climb has been long andAP - 821 words
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851 1986-12-09 7 AP IN THE NEXT YEAR, more than 10,000 businessmen from around the world are expected to be transfered to Japan, seeking their fortune in the land of the rising yen. At least 6 per cent will fail and return home. They're called dropouts,AP - 851 words
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Page 7 Advertisements
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Advertisement40 1986-12-09 7 I «jAEC;fR-LECoiHTRE« Rrt. 1111.120.1 1 Moon phases" gents' model by Coultre. Automatic movement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C.I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd40 words
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Advertisement322 1986-12-09 7 On great little helpers From one Chief Executive to another l Lf -K i 1 J V I run, what you would call, a global gifts-and-greeting company (we're a bit older than Hallmark). I 'ho-ho' all the way from Times Square through Piccadilly Circus to the Gmza. So, communication is322 words
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FEATURES
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Article534 1986-12-09 8 ART FOR ART'S sake was put in its place yesterday when the Minister of State (Community Development) told young artists that the arty life was fine, but if they were to live on more than bread and paintbrushes alone, they would have to learn to534 words
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Article1196 1986-12-09 8 BRIAN GOMEZ - Chinese intend to tap markets for US$l b-s2b annually The Chinese government needs overseas funds for financing development projects under its current five-year plan. This presents a window of opportunity for Singapore's bankers and financiers to capitalise on, reports BRIAN GOMEZ. BRIAN GOMEZ CHINA INTENDS1,196 words
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720 1986-12-09 8 ROLAND MA - letter to the Editor ROLAND MA Certified Public Accountant DEAR SIR, I refer to Minister Richard Hu's speech on Dec 2 and your editorial of Dec 3. The concept of audit committees is not new; in fact, it was mooted many years ago,720 words
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Page 8 Advertisements
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Advertisement210 1986-12-09 8 Finding ordinary Cantonese food in Singapore is easy. But to discover a restaurant where this cuisine is prepared and served at its exquisite best has been almost impossible. Now your search is over. When you enter the Tang Court Cantonese Gourmet you'll come into a world where only the best210 words
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SPORTS
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Article, Illustration236 1986-12-09 9 AP TWO US yachts moved up in the standings on Sunday of the competition to challenge for the America's Cup, while a British boat and a French boat lost ground in the round-robin series. Victories moved Stars and Stripes into second place andAP - 236 words
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Article89 1986-12-09 9 Reuter AUSTRALIA romped to the biggest win of their rugby league tour of England and France when they beat France B 50-0 on Sunday. The Australians scored nine tries with winger Michael O'Connor landing seven goals to push the unbeaten record on their tour ofReuter - 89 words
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Article677 1986-12-09 9 WALTON MORAIS - Sembawang victory caps a fine year for golfer By WALTON MORAIS WITH FOUR BIRDIES and three bogeys. M Murugiah capped a fine season to win Sembawang's Gold Medal gross score golf championship on Sunday. The 22-year-old carded a one-under-par 70 to beat older brother M677 words
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417 1986-12-09 9 AFP MARK McNULTY won the biggest pay cheque of his career and his fourth tournament in a row when he clinched the Million Dollar Challenge at his first attempt in Sun City. South Africa, on Sunday. McNuity, unheralded outside South AfricaAFP - 417 words
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Article142 1986-12-09 9 AP RODGER DAVIS of Australia shot a final-round 68 to set a tournament record in winning the US$6O,OOO Nissan Mobil New Zealand Open golf championship. Davis finished with 262, 18 under par, to finish eight stokes ahead of Bob Shearer. The previous Open record ofAP - 142 words
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Article118 1986-12-09 9 AP IBRAHIM Hussein took advantage of unusually cool weather on Sunday to break his own year-old record in winning the 14th annual Honolulu marathon. The 28-year-old Kenyan, who now lives in Albuquerque, New Mexico, took an early lead and was never passed as he finished in 2:11:44,AP - 118 words
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Page 9 Advertisements
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Advertisement73 1986-12-09 9 Tex wood Business Slacks. Still working even after 5. You can count on a good Investment in a pair of Texwood Business Slacks. They take you from 9 to 5 in ease and don't stop even after you've left the office. The clean styling gives you a snug, comfortable fit73 words
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Page 9 Miscellaneous
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Miscellaneous1117 1986-12-09 9 The ambition, the power struggles and the back-stabbing part and parcel of the American broadcasting scene are captured in Paddy Chayefsky's searing satire. The plot zeroes in on television network news, particularly the lives of three broadcasting executives who come to blows over a failing news programme. William Holden (left),1,117 words
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Miscellaneous653 1986-12-09 9 CRYPTIC PUZZLE ACROSS 3 Directions to sailors, the lubbers! (5) 8 A teetotaller, I see. is high! (5) 10 Meant to get a good average (5) 11 Fled form tyranny (3) 12 Eden's strange requirements (5) 13 Garment in which to perform, if allowed (7) 15 Helped the passage of653 words
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Miscellaneous57 1986-12-09 9 I PANIC YfHCN 7H£J*E /S AN OUT- Of -BOONPS AR6A CLOSE TO w w ree up on rue s/pe ctosesr to Thte our-opsouNP& anp nrr away pxom ~me Txot/ate. ihc fe/x \S. ißnsl oepsß chpP you cam w*\v&. Ps lopvM fSiOri H6.RC, vcu *)UtJG) f CHUC<l£.' ckxkle' Vs>CPsu_yofvi DeB T57 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration907 1986-12-09 10 In the battle against backlash from strong yen AP HEEDING WARNINGS of possible corporate disaster, Japan's giant carmakers are seeking ways to counter the backlash of the strong yen. The carmakers, which account for nearly 20 per cent of Japan's totalAP - 907 words
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233 1986-12-09 10 AP BASIC DEPOSITS at Bank of America declined by US$l.6 billion almost 4 per cent in the last quarter, according to a published report. The San Francisco Examiner newspaper cited a not-yet-public report the bank provided to the government for its storyAP - 233 words
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227 1986-12-09 10 Reuter WELL OVER a million private individuals have bought shares in Cie de Saint-Gobain, the first state-owned group to be sold off by the French government. The offer of 19.6 million shares in the glass and building materials maker closed last Saturday and theReuter - 227 words
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85 1986-12-09 10 AFP GUYANA'S gold and petroleum prospects have attracted interest from significant companies in North America. Western Europe and South America. Government officials say many Canadian companies have shown "more than unusual interest" in exploring for oil offshore and onshore. Some of these companies,AFP - 85 words
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336 1986-12-09 10 Reuter A CLOSER international watch for irregular financial dealings may result from a meeting which Britain plans to hold later this week of officials who supervise financial markets in leading Western nations. British officials said the talks ,on Thursday and Friday would bringReuter - 336 words
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169 1986-12-09 10 UPI CONOCO INC, the giant Texas oil company, is to shut down its 100-million-barrel oil field in Alaska because oil prices are too low to be profitable. Conoco planned to shut down all oil production at its Milne Point field byUPI - 169 words
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Page 10 Advertisements
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Advertisement527 1986-12-09 10 j r- >-r r i' ifcV "?W IPBSrpc 3S 3 IF, n 10 > -.< j*<f r* -t WW*** «u> !a Is ir.S> The Heritage Bar 11.00am—7.00pm iLL 1 B a Live Entertainment Daily From 5.00pm V FURAMA SINGAPORE HOTa 10 Eu Tong Sen street Singapore 0105 Tel: 533 3888527 words
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Advertisement131 1986-12-09 10 -> V. V Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to come for lunch or dinner any day. CRown PRWI HOTEL131 words
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ASIAN STOCKS
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Article399 1986-12-09 11 HONGKONG: Prices yesterday closed sharply firmer but off their highs in fairly active trading after Friday's profit taking sell-off. The Hang Seng Index recouped all its Friday losses and ended 30.57 higher at 2,431.29. The Hong Kong Index rose 21.08 to end at 1,546.06. Turnover was HK5758.14 million. Brokers399 words
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Article281 1986-12-09 11 25 50 06 DEC M All Sincere Indus MT S 1 90 009 0 6 Kuochan Dev Lee Chang Yuen 21 70 31 60 0 7 1.5 08 Lien Hwa Indue 20 90 0 5 Chang Hwa Bank. 40 10 27 40 0 6 0 5 Nan Ya Plas281 words
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Article439 1986-12-09 11 TOKYO: Shares closed broadly higher yesterday in moderate trade as investors bought on expectations of a year-end rally. The market average closed 105.77 higher at 18,710.68, after falling 32.56 during Saturday's half-day session. Advances led declines seven to five in volume of 680 million shares against 430 million on439 words
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Article110 1986-12-09 11 DEC M CIMI Sugar WON 1810 10 "a Kangwon Ind 1256 1046 1831 -14 -29 +12 541 +1 2115 85 Daewoo Corp 1139 1320 -21 -50 Koraa Long Tarm Lucky Ltd 1685 1690 -15 -40 Datahin Securities 3950 825 250 -5 Oriental Brawary Oriental Chem 1340 1745 10 5110 words
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Article431 1986-12-09 11 SYDNEY: Australian share markets yesterday closed at record levels for the third consecutive day, with media stocks taking centre stage in the wake of News Corps proposed takeover bid for the Herald and Weekly Times (HWT). HWT and John Fairfax shares reached record levels as investors fought to get431 words
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Article68 1986-12-09 11 OCC M 1 •ESOS *1Marattai Aco|« Mining Ooantal B 0 025 0 034 uncfi 0 001 040 >0 01 Apai Mining B 0 024 -0 001 PLOT 252 SO •10 Baguio Gold Bmic Patrotaum oooe uncti 0016 -0 001 Banguat Con B 106 unch 24 25 -0 25 Firat68 words
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Article148 1986-12-09 11 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 1.39 to 195.09. Turnover totalled 1,409,611 shares worth 269.4 million baht. Reuter OCC M U KT ISiam Camant 819 6 Ao Kham That Siam Citizens susp Siam Ctllzana Asia Fibre 307 -24 m Ayudhya investment 212 -2 Siam City BangkokReuter - 148 words
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Article62 1986-12-09 11 Reuter CABLE AND WIRELESS (Hongkong) and Pirelli UK PLC have signed a contract with the Guangdong Posts and Telecommunications Administration to install an optical fibre communications system between Hongkong and Canton city. The New China News agency said the two firms will supply theReuter - 62 words
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282 1986-12-09 11 Reuter THE GOODYEAR TIRE and Rubber Co of the US and Australia's Pacific Dunlop Ltd will be merging their tyre manufacturing, marketing and retail operations in Australia, New Zealand and Papua New Guinea in a 50-50 joint venture company with assets of As4oo million.Reuter - 282 words
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192 1986-12-09 11 AFP JAPAN'S second largest carmaker, Nissan Motor Co, and Ford Motor Co of the United States are negotiating the set-up of a joint company to produce engines in North America. a Tokyo newspaper reported on Saturday. The Yomiuri Shimbun also saidAFP - 192 words
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85 1986-12-09 11 Reuter SHAREHOLDERS of Orient Overseas (Holdings) Ltd approved a proposed debt restructuring and capital reconstruction scheme at a meeting yesterday, financial advisers Hambro Pacific Ltd said. Part of the restructuring has been implemented and the company's cash position has greatly im- proved, a Hambro spokesmanReuter - 85 words
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Article165 1986-12-09 11 UPI REFLECTING slow exports caused by the strong yen, Mitsubishi Electric Corp suffered a sizeable decline in profits for the half year ended last Sep 30. the company said yesterday. The major electronics and electric appliances manufacturer said consolidated net profit fell 57 per centUPI - 165 words
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185 1986-12-09 11 Reuter LIQUOR GROUP Lion Corp Ltd has asked the High Court of New Zealand to rule on the Commerce Commission's clearance for Brier- ,> ley Investments Ltd (BIL) to make full bid for food and liquor group v Magnum Corp Ltd. BIL has not madeReuter - 185 words
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Page 11 Advertisements
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Advertisement175 1986-12-09 11 Mtv id wim, dirt 1 ma£ mitrtotia Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Cado Cado. Sate iSatay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is175 words
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Advertisement137 1986-12-09 11 i -y t L 1 lr Bnv*» To turn your night into gold with Freaky Freddy... just boogie down to the Black Velvet Gold Club. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine. Ladles137 words
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Advertisement104 1986-12-09 11 V? mUP We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars groove to the pulsating rhythms spun by our dynamic music makers. Business Hours t First Drink Charge: Weekdays ft Sundays: 9pm 2am; (No Covar Charge) Fri, Sat 4 Eva of Public Holidays:104 words
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Advertisement156 1986-12-09 11 Fashionably hyatt Join the fashion-conscious every Tuesday, 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 $10.50156 words
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Advertisement108 1986-12-09 11 V 7 it F' 1 0 a \v \fc> x sRc s s» V V X I«C»rr*M(iCircte S*ng»porc 0922 T«t *****22 T«*« RS ***** Amp** h— parting Car lockty miitfcte 80 i (r. 9J < For only $280*, enjoy a splendid 10-course lunch or dinner with Cantonese specialities like Barbecued108 words
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BANKING AND FINANCE
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Article314 1986-12-09 12 AMY BALAN - By AMY BALAN ADVANCE BANK Australia Ltd. the bank in which hotel tycoon Khoo Teck Puat had a 5.5-per-cent stake, yesterday made its debut on the Singapore capital market with US$lOO million negotiable certificates of deposit. The facility, arranged and managed by the Bankers Trust group,314 words
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368 1986-12-09 12 Reuter PLANS by Japanese life insurers to write off some currency losses on foreign bond holdings are likely to have little impact on overseas markets. Fund managers in Tokyo said that most, if not all, sales of bondsReuter - 368 words
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208 1986-12-09 12 Reuter JAPAN'S postal savings system will be allowed to invest some of its funds in foreign bonds, beginning on April 1, Finance Ministry officials said. Half of the amount that the system will be allowed to invest freely in each ofReuter - 208 words
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Article1153 1986-12-09 12 SINGAPORE: The US dollar rebounded slightly in late trading yesterday on European buying and interbank activities, but still finished lower compared with New York levels. The rebound was mainly technical. The dollar continued to sustain its 2.000 mark level, closing at 2.0050/60 marks compared with New York's 2.0065/751,153 words
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Article180 1986-12-09 12 Interbank rates at 3pm yesterday: «d (Nter mm party ckMK Local dollar* to on* unfc of fori curroncyi US dollar 2.1915 2.1925 2.8196 -22.28 f i a PW>0 AuftroRan doJk 3.1185 3.1221 7.3469 -57.55 K 1.4310 1.4338 3.4286 -58.26 HZ doHor 1.1001 1.1028 3.4286 -67.91 Canadian doMc If180 words
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Article315 1986-12-09 12 HONGKONG: Gold closed firmer though off its highs, buoyed by limited demand from overseas and local investors in thin trading. Buying from the US lifted the metal in early trading with follow-up support from local interests but profit-taking trimmed the gains. Dealers expect trading to be within a315 words
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Article254 1986-12-09 12 ASIAN DOLLAR DEPOSIT rates closed steady at opening levels. Short-dates weakened between 1/16 to 1/8 point at the outset, and remained unchanged in subsequent trading with overnight and Tuesday/Wednesday closing at 6-1/8 6 each and week-fixed at 6-3/16 6-1/16. In term rates, one month cloeed at 6-7/16254 words
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Article, Illustration133 1986-12-09 12 THE OVERNIGHT rata on the Singapore interbank market closed at 2 1/2 per cent yesterday, up 1/8 point from last Friday. All the term rates were unchanged at 3 5/16 per cent compared with last Friday. MMn «m average of *m prfcne landtag rata* ol 12 Mtw banks133 words
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Article618 1986-12-09 12 BA Futures MARCH Eurodollars opened sharply lower than last Friday s close as prospects for a cut in the discount rate diminiehed with the larger-than-ex-pected increase in nonfarm payroll employment figure. But short covering saw the March Eurodollar backing up from Chicago's low of 94.01. It traded around 94.03BA Futures - 618 words
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Page 12 Advertisements
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Advertisement151 1986-12-09 12 w>L .<* ■&T k /'44 •V fo ORDER FORM Yes, I would like to subscribe/renew Please send the magazine to the following address: Address: Company; Designation: Enclosed is cheque/money order no: for $49 00/171.25/564 75. j Cheque/money order should be made payable to Times Periodicals Pte. Ltd. Please send the151 words
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SHARE INFORMATION
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Article, Illustration4141 1986-12-09 13 THE KHOO KAY PENG group of companies suffered from selling pressure late yesterday afternoon due to adverse rumours. As a result, share prices fell, erasing most of the gains made in the morning. The market closed mixed. MUI and MUM, controlled by Khoo Kay4,141 words
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Article279 1986-12-09 13 Rises M kflwtrltl 700 Ml Fleoture S0< 55 Www 505 lot* Indi 50« 229 M GIom 194 C FropwHd 41 7 Kentucky Sport 348 Metal k» Spore 394 CaW Store lOp 360 Mow for 299 O C 8 C 920 M Banking 515 C Securities 172 Spar*279 words
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Article3405 1986-12-09 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT"3,405 words
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Article377 1986-12-09 13 KESANG CORPORATION Berhad: 25th AGM at the Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, today at 10am. SEAL INCORPORATED Berhad: 24th AGM at Site No.30, Tasek Drive, Tasek Industrial Estate, Ipoh. Perak, Malaysia, today at 2.30pm. CHUAN HUP MARINE: 16th AGM at the377 words
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Page 13 Advertisements
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Advertisement10 1986-12-09 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration798 1986-12-09 14 AMY CHEOK - ST Industrial Index plunged 70.48 points THE MONTH THAT WAS By AMY CHEOK A CHAIN of bad news in November adversely affected the generally bullish atmosphere on the Singapore stock market that has prevailed since the middle of this year. Investors had to devote798 words
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476 1986-12-09 14 INVESTORS were an undecided lot at the Kuala Lumpur stock market yesterday and bouts of buying and selling were evident throughout the day. However, sellers took the upper hand at the end and prices eased in fairly active trading. Dealers said there were clearly476 words
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Article2145 1986-12-09 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. INDUSTRIALS Acmo I—l Ajkvomoto (***** Alex Hlg l—l Alcom (725)2,145 words
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172 1986-12-09 14 Bernama P T BANGUNAN Delima Indah, a Malaysian-Indo-nesian joint venture, has completed the construction of a MJ15.3 million palm oil mill in Acheh, Sumatra. The company is owned by Innovest Technologies Sdn Bhd the holding company of Innovest Bhd's engineering companiesBernama - 172 words
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455 1986-12-09 14 MBT KUALA LUMPUR Industries (KLI) plans to reevaluate the group's investment portfolio and provide for diminution in value once the company's share price stabilises. KLl's shares have come under severe selling pressure on the Malaysian and Singapore stock markets since KLl's financial year ended OctoberMBT - 455 words
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Article97 1986-12-09 14 Company RIGHTS ISSUE Chuan Hup Ooe-for-two $1 20 per shore with TSR to subscribe 1 further shore ot (1 60 exercisable any time within five years fro* the dote of issue of the 50 2m new rights shores Ex-dote: Dec 17 Books dose: Dec 24 I M One97 words
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Article247 1986-12-09 14 Company RIGHTS ISSUE A B N One-for-ten Bedford One-tor one $0 50 per share Bonvests Hldgs One tor-tour $065 per shore D C Bank One-tor-two $0 50 per shore Duta Cons One-tor-one $1 10 per share George Town Two-tor-one $100 per share H Toi-Pon One-for-two $050 per share247 words
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Article125 1986-12-09 14 HONGKONG Hongkong Index Monday 1546 06 Friday 1524 98 Week ago 1560 10 Hang Seng Index Monday 2431 29 Friday 2400 72 Week ogo 2452 15* All Industrials Monday Friday Week ogo NEW YORK Dow Jones Friday Thursday Week ogo 2289 2* 2275 6 ***** *****6 1939 68125 words
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Article258 1986-12-09 14 Managers' prices MARA-Bumiputra for Dec 9 Firs* B'putro 513 518 Second B'putro 4 67 472 Singapore Unit Trust Third B'putro 368 373 The Commerce 088 The Savings fund 080 095 086 fourth Bputro fiHh B'putro Sixth B'putra 4 14 266 273 4 19 271 278 S pore Prog258 words
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Article, Illustration673 1986-12-09 15 Mm mm™ By HOCK LOCK SIEW IT MAY BE still early in the day but from all indications. Resources Development Corporation's public share issue looks like it will be heavily subscribed. Everything seems to be going well for its offer of 17.5 million sharesBy HOCK LOCK SIEW - 673 words
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539 1986-12-09 15 THE JOINT VENTURE agreement between Menang Corporation (M) Bhd and Country View Realty Sdn Bhd to develop a mixed residential project at Johor Bahru has been rescinded following a rejection by the Malaysian Capital Issues Committee. However, a new agreement has539 words
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310 1986-12-09 15 NST CERTAIN Malaysian sources have described as unreasonable the demands made by a group of Singapore-based banks considering legal action against Malaysian Deputy Agriculture Minister Datuk Alex Lee over some outstanding loans. Sources said the creditor banks had initially agreed to certain terms of settlementNST - 310 words
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550 1986-12-09 15 AMY CHEOK - Stake believed to be Ng Quee Lam's entire holding By AMY CHEOK WELL-DIVERSIFIED United Industrial Corporation, traditionally involved in detergent manufacturing, has moved quickly to acquire a 50 per cent stake in Singapore Soviet Shipping Company Pte Ltd (Sinsov) for $3550 words
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360 1986-12-09 15 THE HIGH COURT in Kuala Lumpur yesterday agreed to yet another postponement of a hearing for Promet and its creditor banks but the presiding judge indicated that this would be the last postponement allowed. The hearing has been postponed to Feb360 words
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Article, Illustration434 1986-12-09 15 HOMER CHEN - By HOMER CHEN EG TAN CO. now under liquidation, is the only one ot three stockbroking firms that has yet to exercise its option to sell shares to Freelin Investments Pte Ltd under agreements reached with jailed Malaysian businessman Tan Koon434 words
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Article307 1986-12-09 15 HOTEL TAI-PAN LTD's shareholders have approved a capital restructuring scheme involving a capital reduction and a one-for-two rights issue. The resolutions were passed at an EGM held yesterday. A DIRECTOR of Sim Uffl Investments Lid and Singapore Fodder Co Lid, Mr Wong Ha Hee, has resigned from both307 words
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Page 14 Advertisements
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Advertisement451 1986-12-09 14 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF RESOURCEFUL CONSTRUCTION CO PTE LTD (la Members' VvUnUry UqiidatiM) At an Extra-Ordinary General Meeting of the Members of RESOURCEFUL CONSTRUCTION CO PTE LTD duly convened and held at Blk 4035, Ang Mo Klo Park 1451 words
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Advertisement145 1986-12-09 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. Santos Shlpmanagement Pte. Ltd. hereby give notice that in consequence of our Purchase a motor tanker 'Asahi Maru' of Japanese flag. We have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act (Chapter 172, 1970145 words
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Advertisement54 1986-12-09 14 SHEARING MACHINE FOR SALE (A) 1 set of shear inq machine W. Germany Oriqin. (B) 12 sets of Waga Knit Machine Switzerland Origin. (C) Spare Parts of the above machines. Total Cost HKs2so,ooo—, Any enquiry please mail to P.O. Box 36 Tusen Wan, Hong Kong or Contact Mr. Chu by54 words
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Page 15 Advertisements
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Advertisement127 1986-12-09 15 *OTEM MtOJSCT SfCTION It Colours: Burgundy, Black. Grey Features: Appointments, monthly planner, daily planner, A-Z tabs, phone index, projects planner, graph, credit-cards records, reminder, shopping list, birthdays, vehicle maintenance, cash account ledger, business expense account, notes, etc Gifco "for original gift ideas" Leather wallets, name card holders, files, luggage tags,127 words
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Advertisement212 1986-12-09 15 It's an authentically Thai Experience... at the Thai Food Corner, Cafe Fontainebleau. »> o ■-> v The superb flavours of Thai Cuisine comes to you Buffet Style every night as chefs from Bangkok's famous D'jit Pochana Restaurants prepare in true Thai style, the Thai Gourmet 1 Buffet Dinner. Serving nightly212 words
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Article, Illustration283 1986-12-09 16 Bernama WATER RATES in Malaysia are likely to be revised upwards in the near future owing to increased production costs and the proposed privatisation of water supply projects. Works Minister Datuk S Samy Vellu, hinting at this yesterday, said that theBernama - 283 words
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439 1986-12-09 16 AMY BALAN - By AMY BALAN ONE OF the world's largest makers of medical products is to establish a regional manufacturing base in Singapore. Becton Dickinson, a Fortune 500 company with annual sales exceeding US$l.3 billion, plans to make disposable medical needles and syringes in Singapore439 words
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213 1986-12-09 16 Bernama THE MALAYSIAN government will simplify regulations dealing with foreign trade and cut unnecessary red tape, Deputy Trade and Industry Minister Datuk Kok Wee Kiat said yesterday. Opening a four-day workshop on "Legal Aspects of International Trade" in Kuala Lumpur, heBernama - 213 words
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87 1986-12-09 16 Bernama MALAYSIA'S Gross National Product is expected to grow by only one per cent next year, Deputy Finance Minister Datuk Sabbaruddin Chik told Parliament yesterday. This was due to the influence of international economic developments. he said, adding that Malaysia's growthBernama - 87 words
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226 1986-12-09 16 Bernama MALAYSIA could well be a net importer of crude oil in 10 years as domestic consumption increases, the Minister in the Prime Minister s Department Datuk Abdul Ajib bin Ahmad has said. Opening the 10th annual Petroleum Geology Seminar '86 in Kuala Lumpur,Bernama - 226 words
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231 1986-12-09 16 JAILED OPPOSITION leader J B Jeyaretnam and Workers' Party chairman Wong Hong Toy will be released from prison tomorrow after serving a one-month sentence at Queenstown Remand. Their lawyer. Subhas Anandan, also confirmed yesterday that an appeal against their sentence to the231 words
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431 1986-12-09 16 AFP FOREIGN INVESTMENT in Indonesia is expected to rise in number but fall in value owing to a tendency among investors to opt for medium- to small-scale projects rattier than big ventures, Finance Minister Radius Prawiro said yesterday. Mr Prawiro told aAFP - 431 words
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Article94 1986-12-09 16 Reuter COMEX GOLD FUTURES gained on odd-lot buying yesterday, fanned by news of violence at South Africa's Vaal Reef gold mine. The pacesetting February delivery went up US$l.5O at U*****.40 an ounce. Analysts described as surprising the market's response to news that 500 workers at VaalReuter - 94 words
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Article62 1986-12-09 16 Reuter WALL STREET stocks were mixed in early trading yesterday. Blue chips, which led the market to a new high last week, managed to gain some ground, but the broader market continued the orderly consolidation that began last Wednesday. The Dow Jones Industrials rose three points toReuter - 62 words
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LATE FILE
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Article58 1986-12-09 16 AP TAIWAN has reached agreement with Washington to allow imports of US cigarettes, beer and wine following a year of heated negotiations and the threat of trade retaliation. Vincent Siew, director of Taiwan's Board of Foreign Trade, said that the agreement would be signed soonAP - 58 words
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Article47 1986-12-09 16 Bernama THE MALAYSIAN Parliament yesterday passed the National Land Code (Amendment) Bill 1986 which, among other things, provides for land ownership by foreigners. Deputy Land and Regional Development Minister Kassim Ahmad said that Malay reserve land would, however, not be involved. Ber-Bernama - 47 words
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54 1986-12-09 16 Bernama THE MALAYSIAN armed forces will take in 20,000 recruits to ease personnel shortage and train 4,000 annually from next year. Army chief General Datuk Seri Mohamed Hashim AM, in disclosing this yesterday, urged more Chinese and Indians to seek a career inBernama - 54 words
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Article31 1986-12-09 16 Reuter ABOUT 500 workers at South Africa's troubled Vaal Reef gold mine have resigned following weekend violence in which 20 black miners were killed and 72 injured.Reuter - 31 words
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Article30 1986-12-09 16 Reuter FRENCH Prime Minister Jacques Chirac yesterday announced the withdrawal of a controversial higher education Bill which had sparked the nation's worst student turmoil since 1968. ReuterReuter - 30 words
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Article31 1986-12-09 16 Reuter THE US yesterday asked Switzerland for legal help in tracking down payments made through Swiss banks in conjunction with arms sales to Iran. ReuterReuter - 31 words
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Page 16 Advertisements
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Advertisement169 1986-12-09 16 Good ideas keep coming up When your letter looks good, the writer looks good rfC; v 4 x m&w XQ-380 Built-in 4KB expandable -V 20KB LCD display Powerful formatting functions Spelling module (optional) Expandable memory with optional disk driv^ l^ 32-character LCD display 500 character correction memory Efficient document formatting169 words
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Page 16 Miscellaneous
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Miscellaneous48 1986-12-09 16 areas In tha lata morning and afternoon. Raport lor 24 hours prior to 7.30pm on Doc Sat tha airport Maximum tamparatura 30.5 Aaaociatad humidity 75 Minimum tamparatura 25.0 Asaodatad humidity 97 Hours of sunshlna 3.65 Rainfall In mllllmatras 15.3 Rainfall this month 70.4 Rainy days this month 448 words
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SHIPPING TIMES
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Article, Illustration327 1986-12-09 17 SHAHRIR ARIFF - By SHAHRIR ARIFF FRENCH SHIPBUILDER Jean Francois Patinet has a problem. He has received an order for 14 high technology hovercraft, but he needs partners to building the vessels. Mr Patinet, chairman of Marine Air Technologies, is now in Singapore to meet327 words
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531 1986-12-09 17 Lloyd's List UNITED STATES LINES'S container ship American Georgia was arrested in Bremerhaven last week the only vessel to be arrested since the company filed for Chapter 11 protection from creditors. A warrant signed by companies including Rot-terdam-based Europe Container Terminus (ECT) and theLloyd's List - 531 words
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PORTSIDES
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Article90 1986-12-09 17 Reuter MORE THAN 150,000 tonnes of cargo are piled up at Chittagong port as a result of a strike by nearly 1,500 clearing agents that began on Wednesday, Indian port officials said. They said the strike by the clearing workers, who are asking for what theReuter - 90 words
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892 1986-12-09 18 Fairplay BY RIGHT, waterfront employers and the shipping lines should be looking forward to three years of relative calm in their relationship with the International Longshoremen's Association. A new three-year contract has been hammered out during a bitter negotiating period which involved anFairplay - 892 words
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Article123 1986-12-09 18 AFP SIX FOREIGN tourists were robbed by pirates on their chartered yacht, as it was moored off a popular beach in the Central Philippines on Dec 2, Philippine Tourism Ministry and French Consulate spokesmen said. The tourists, Frenchmen Charles Wolff, Laurent Treille and his wife,AFP - 123 words
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171 1986-12-09 18 Seatrade Week THE SOUTH Korean flag percentage of Korean container loadings, a bone of contention between the local lines and foreign lines, was lifted last month to more than 30 per cent from 23.4 per cent the month before. The increase is attributed to aSeatrade Week - 171 words
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Article695 1986-12-09 18 AB Shpg V 5 Accord Shpg VI 3 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Bait-Canada line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben line Cont V695 words
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Article1131 1986-12-09 18 DESPITE active grain and coal fixing from US Gulf loading ports, freight rates continued to slide on the London shipping freights market on Friday for bulkers offering North Atlantic availability. The new low level of US$ll (fio) was repeated on the important US GulfJapan grain route when Archer1,131 words
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Article175 1986-12-09 19 Th£ 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 Container Line175 words
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179 1986-12-09 19 THE CITRA A YU sailed out of Sembawang Shipyard yesterday, now a full fledged floating storage and offloading facility (FSO). The sailing marked the completion of an $8 million conversion job, clinched in May this year against worldwide competition. The yard said179 words
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Article, Illustration407 1986-12-09 19 Lloyd s List ONE OF NORWAY'S premier shipping groups, Wilh Wilhetmsen, plans to transfer a further seven ships in a move which would sever its last ties with the national flag. The company has applied for government permission to re-regis-ter sixLloyd s List - 407 words
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237 1986-12-09 19 EX-COOL CARRIER executives have taken a 50 per cent stake in the large Dutch fruit company called Jas van den Brink. The company is one of the biggest fruit importers and distributors on the Continent, with an annual turnover237 words
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Article268 1986-12-09 19 AFP STEADIER rates were paid to large units to major destinations out of the Gulf States area during the past week, despite uncertainty about the possible outcome of Opec's ministerial conference in Geneva from Dec 11. But tanker brokers felt that in view of the recent spate ofAFP - 268 words
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249 1986-12-09 19 FT THE LEADING Scandinavian shipping companies are expected to decide in the next few weeks whether to press ahead with ambitious plans to pool their liner shipping operations in a common management company. Four shipping companies. Transatlantic and Johnson Line of Sweden, EastFT - 249 words
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7739 1986-12-09 24 §eaapQii3 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 of7,739 words
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Article1712 1986-12-09 25 Who acts for whom The leading shipping lines operating from local ports and their agents A—B A Top Enterprises Pte Ltd Same (S) AB Shipping Boustead Shpg Agencies Afea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multiporl Sdn Bhd (PK).1,712 words
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Article723 1986-12-09 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 09 12/0600 lin Petaling 3 KI9 lin lin alongside Bintang Sena K25E SSPl 09 12/0600 09 12/2300 Chry'dou Groce K15 Straits Tpt 09 12/1500 09 12/2300 Faroe Trader K28 Seolord 09 12/1000 II 12/0700 Jen son K23723 words
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Article746 1986-12-09 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Ship Arrival LCL movamant Voy date/time Operator cargo schadule Location Koto Bohog>a 8603 09 1286 1600 Eastern M F7 0700-0600 18 Uni Fortune 014W 09 1286 1800 G Asia F5A 0600-1000 N2 Pegasus P 457N 09 12 86746 words
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Page 17 Advertisements
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Advertisement499 1986-12-09 17 1 iambus «>IH ]\C l)k ii< Hi.ii Concise Comprehensive Contemporary A^ooKshops I z3r t_T 0 WW/ Orient Oveiqeas Qo*tcum\ Line NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING) V*. r» LBH CHION NTC HFX 5 14/12 7/1 19/1 21/1 23/1 25/1 5 24/12 17/1 27/1 29/1 31/1 4/2 Vt* LBH499 words
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Advertisement70 1986-12-09 17 mm WATERFRONT employers and the shipping lines should be looking forward to three years of relative calm in their relationship with the International Longshoremen's Association. Page II WILH WILHELMSEN, plans to transfer a further seven ships in a move which would sever its last ties with the national flag. Page70 words
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Advertisement1157 1986-12-09 17 A BALT-ORIENT LINE y/JLs Baltic Shipping Co Recubr Services from South East Asia to United Kingdom end North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel; *****33 MAERSK LINE MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH 22 DAYS See- EXPORT TO USA. EUROPE.1,157 words
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Page 18 Advertisements
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Advertisement463 1986-12-09 18 OUTBOUND TO NORTH CONTINENT VOT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTMENT MILE Of JOTTER VALE K MERCURE MLLE K IH ANUS 26 12 25/12 21/12 24/1 26/1 1/1 9/1 U/l 7/2 9/2 22/1 23/1 25/1 21/2 2J/2463 words
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Advertisement444 1986-12-09 18 EUROPE/FAR EAST CONVENTIONAL SERVICE MALAYSIA SON. BHD. Frt. VSL PT. ol LDG DATES PT. KLANG P*CflC CITI Dwtfcirk-Rauies Saied 1/12 GMGOBOUSSA Sj«ean-Hbg Ant Saied 15/12 WAVE THEME Boiiogne Oirtrt Ant Saied 3/1 TBN Hambwg MB/12 S/l TBR Szczecat B-12/12 10/1 Further load/ discharging ports en route subject to sufficient inducement.444 words
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Page 19 Advertisements
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Advertisement1002 1986-12-09 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited CONTAINtRSHIP SERVICE TO UK/COHTINEWT: CONTAtRSHP SERVICES TO/FROM BANGKOK BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 Also Accepting Cargo For: Hjirtwt I* Copertufen Ajrtia. Sothe«*i»{ Mjkno Stock twfcn Hehidu1,002 words
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Advertisement826 1986-12-09 19 Franco Belgian Services t.ir hr.nrh Si-rmr ilh A.,r h., t,-rn I rnr. (MEMBER OF ACE CONSORTIUM) owup sorwg to eumk commog STORE P RE! AUG le Hanre R dam fStoow Htm BHa»e» Art 14 RC IT 01 1® kc (t Oec) 23 Dec 30 Dec 1 tan 3 tan 4826 words
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Page 20 Advertisements
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Advertisement523 1986-12-09 20 IUU Years 4IHi Liner Shipping\Mgjgt Far East 1886-1986 Z u Hapag-Lloyd TO CONTINENT/UK EXPORTS lumu Maru 11/12 29/12 31/12 2/1 3/1 »/l Bremen [iprns 12/12 14/12 3/1 5/1 "1 i/1 Be«u»on 19/12 21/12 1/1 I#/1 12/1 13/1 15/1 Liverpool Bit 2S/12 21/12 15/1 17/1 M/l M/l *2/1 Cit? o4 tdrtxjjh523 words
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Advertisement686 1986-12-09 20 LINE FULLY CONTAINERI SEP SERVICE TO FURORE VIA SUCZ Mfmb ol tht c< Consiy MERCAIOR 41W CR TOKYO 7N TRANS WORLD BROGI IS* CR PWtS IN S port PKilanf ItHinc A4* l HW| Mwtrp 10/1? (81?) n1? 30/1? 1/1 3/1 4/1 17/1? (IS/I?) 5/1 6/1 7/1 13/1 ?4/l? l?/l 13/1686 words
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Advertisement468 1986-12-09 20 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. lAS 11 KN CAR I INI k I I I). STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I Loadnt at appropriated Berth P4-P5 NOTE: ALSO CALUNG OTHER JAPAICSE PORTS. HONGKONG. TAIWAN 1 CWNESf PORTS.468 words
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Advertisement1143 1986-12-09 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) evea gleamt EVEI GOLDEN EVEII LAUREL edii una f«i gude EVER LIWNG t«» aatT SGP HKG KM Kit niS OH ITO KSN CHS NTC BAL 11/12 U/12 It/12 11/12 12/1 lt/1 20/1 11/ 19/12 25/12 2f/12 21/12 27/12 21/12 31/12 11/12 «/l1,143 words
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Page 21 Advertisements
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Advertisement714 1986-12-09 21 PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT GOWA KOTA SINGA SIN JKT SLD SLD 15/12 17/12 30/12 1/1 *TCH T AICHUNG SBV SIN HKG KAO *TCH KEE BUS IN PT 13/12 17/12 19/12 20/12 20/12 23/12 19/12714 words
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Advertisement190 1986-12-09 21 ISa THONG SOON AGENCIES PTE. LTD. #09-00, Robina House, S'pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service JENLINK 46/S6 10 Dec 13 Dec SKI BHUM 298N 13 Dec190 words
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Advertisement875 1986-12-09 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT CONTAINER BTMVENRDAM EXPRESS CONTAINER SERVICE FROM UK/CONTHENT HAM B HAVEN RTIAM HI Ml STOW |p KIANG STOM~ FOR Mjojnr Bjy Sjitd SjM Sjitd Sjfcd Safe* 13/12 15/12 «G m tty 1 EMm* Saitd Safcd MK Sjfcd Sa4rd 19/17 71/12 HKG TIN F.jittwt875 words
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Advertisement509 1986-12-09 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. SESUAI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE Subject to Inducement, Also accepting cargo to Caeablanca Port Said. Port Alaxandria, Ganoa, Trieste. AISO ACCEPTM6 BOTH CONTAMEXS. CONVENTIONAL CARGO MA T/S TO Ul PORTS.509 words
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Advertisement459 1986-12-09 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR Spore PMYA VS6N 10/13 Dec PA Ml *104* 14/16 Dec HTONEYWA V2I9W 14/15 Dcc *SAGAMG *7* 'loading tor Antwp Rotdm I Hab( (Burmese National Line) Loading for Rangoon PKetar* Penanj Banekok 20/21 Dcc V* BANK LINE EXPRESS SEMhCONTAMR SERVICE NORTHBOUND TO UKC SPORE ROAM459 words
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Page 22 Advertisements
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Advertisement1500 1986-12-09 22 K KAWASAKI RISEN KAISHA. LTD—ECUADOR/PERU/CHII Fra** *si none* *a stow pklg pug spore kobe guayaqur callao arica kjuque amgasta s antono Valparaiso TBN VSL 10 Dec 11 Dec 12 Dec 14 Dec 76 Dec 2 feb 10 feb Frt RAGNA V 4 CENTRAL AMERICA/CARIBBEAN SEA fEEDER Wl MOTIO VSL P*L61,500 words
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Advertisement650 1986-12-09 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers l eedet PMm| l«*» Vns»l Spur Melb liern S»<h> Aho Accepl RAMOAS »it I? Ok 76 D« 4 ton 2 ton AM Btis ISIfCIIPfIR V 9 life, CHANDOAS V 73 ton |7 ton ton 74 ton AM Bos CAIABAR V3l 79 0« KABIRDAS650 words
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Advertisement888 1986-12-09 22 GOLDEN LINE GUM GUAN SHPMNG (PTE) LTD 23. I*l *r» Sb«i mum* oiiM in sjtnu do lms> STRAITS/PERSIAN GULF SERVICE: GOIWN KM CotomDo Bonb<» Oub* eaHN HARVEST Cotomto «**!>. Out>* 16/17 Dec 10/12 I* PMGQUAN TANG QUAD CHINA OCEAN SUPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHfftA UKC CONVENTIONAL888 words
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Advertisement277 1986-12-09 22 INTRASEA (PTE) LTE 10 Anson Road "27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK j S pore P K riant loadnt l«> KARWA B8»69?7 In Port 12/12 ROT/ANT BREMFN FSBERG UK (AVON) DOOYANG FRONTfR *****29 In Port 11/12 ROT/ANT/UK (AVON) S«|jpore MTRASEA (FTI)277 words
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Page 23 Advertisements
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Advertisement896 1986-12-09 23 iNOL ORIENT LINES LTD Afenti Sp«t IH No Office *****77 KPTUNE AGENCIS PTE LTD Ft EU, AUST IPA SEA lermnal Cff BOOKMCS *****77 *****53 *****42 *****22 *****53 *****42 OR OWC! IMS 27M11S *****U *****18 fCPIW SON BHD *****17/*****45/*****53 *****26 ICPIM SON BH> *****71/*****34/*****35 NEPtME SON BH> *****9/*****5/*****0/*****1/*****2 FAR EAST/EUROPE FULLY896 words
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Advertisement567 1986-12-09 23 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON Vnuh No 9 Ooum 60*1 Dot* Ui tO9S No i DonimHON No I Datum 609 M No 7 Dawn tION Doounj Sicprif (10 No S Oonjm 610N Dute till No i oofum;7olN No I567 words
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Advertisement697 1986-12-09 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sin apore 0104 let: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT NAH SOON SON BHD IST AND ?NO FLOOR NO 1 lAIAN697 words
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Advertisement75 1986-12-09 23 !Vth:isiiiis tH Lirstz Honffcont Sinf apore PKlanf Perunf GLORIOUS WNG VIA Saied Sated SUN HOPE V.SA 10/12 15/12 SUN FLORA VIA 13/12 11/12 General Survey for m» Qonous *fin{ V.IA wfl be heh) on the 12th Dec. 86 at G4v K-20 trom 0900 1200 hn There wfl be no further75 words
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Page 24 Advertisements
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Advertisement511 1986-12-09 24 jfflWl REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) PtYA BHUM RATANA BHUM SKI BHUM SEA WAGON lEO PtYA BHUM RATANA BHUM SRI BHUM SEA DRAGON VESSEL RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM IPTT!?Bir^iuiydß!Hilstaii Thu/Fri 11-12/12 Sun/Mon 14 15/12 Sat/Sun 13511 words
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Page 24 Miscellaneous
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Miscellaneous179 1986-12-09 24 eather m bj m m Va M 2 j# s Ar 0 is"S m m 5^ 3 s SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature «> c Weather Wind direction with speed m knots Y179 words
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Page 25 Advertisements
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Advertisement177 1986-12-09 25 urn mmmm CALL US AT: K. LUMPUR P KELANG POUNG J. BAHRU P. GUDANG j SMGAPORE *****55/*****56/*****45/*****93 *****11/4 04-*****2/4, *****3 07-*****8, *****8. *****5 07-*****1, *****3, *****5, *****0 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE HJ □CZ3B B BUT AUG 2S» OTHER DESTWATWNS: AARHUS. AMSTERDAM ANTWERP, BASLE. BREMEN. BREMERHAVFN. COPENHAGEN.177 words
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Advertisement456 1986-12-09 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: TONMILITC-01 Q)van Rott/Ant*/ UK <Ti4)/ Sete/ Nantes Sa«ed S»«ed WORLD AMPHION VO-2 AteoK*dng Agents: SINGAPORE: CALICO SHIPPING PTE LTD T* *****66 Tlx RS ***** CAUCO Fa* *****71 PORT KELANG: PERKAPALAN UTAMA SON BHD Tat 368T195* KOTA KINABALU: KESAWAN SHIPPING SON456 words
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Page 26 Advertisements
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Advertisement494 1986-12-09 26 EAC I ASU SAILINGS EVERY TUESDAY i iil-Ti I il ivi R. DC MM tU B SUM 476 COMECTBK VESSEL AT ROTTDKMM MEONU 7(1 MEONA 7(1 no** 703 FIONA 703 ACCEPTING CARGO (LCL ft FCL) FOR: DAKAR, FREETOWN, MONROVIA, ABIDJAN, TEMA, LOME, LAGOS A DOUALA .hi,' iporc HAfM MM! PAKHY494 words
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Advertisement140 1986-12-09 26 SANKYO LINE (S) PTE. LTD. 113 Ocd Street ff 10 01 GB Budding S poie 0106 let ?.'19?55 Pott fflang iija Pmj Shipping Sdn Bhd lei 03 *****24 "> Peiung Mjljusii Trjde t Iranspwt ltd Tel 04 *****3 Pj-.k Gudjnj Mjlivsijr Stuppirf *gfr>oe<. Sdn Rhri lei 0? '>***** SENLIM SHIPPING140 words
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