The Business Times, 23 December 1986
1986-12-23
1
26
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The Business Times
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Title Section12 1986-12-23 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, DECEMBER 23, 1986 75 CENTS12 words
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Article, Illustration233 1986-12-23 1 STOCK MARKET RUMOURS about a commodity trader in financial difficulty adversely affected the share market yesterday which closed easier after a day of quiet trading. The BT Composite Index eased 6.79 points to 784.00 and the Straits Times Industrial Index finished 5.22 points lower at 896.39. Losers233 words
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543 1986-12-23 1 CHUANG PECK MING - Links with American company By CHUANG PECK MING NEW VENTURE capital fund Transtech Capital Investment Ltd, which has attracted $78 million in subscriptions, has forged a "strategic alliance" with Abacus Ventures, a US-based venture capital company that specialises in telecommunication projects. The two companies are543 words
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Article, Illustration719 1986-12-23 1 FOO CHOY PENG,LUCY NG - Existing political system needs to be remodelled Raja Alternative to two-party system By FOO CHOY PENG,LUCY NG THE CO-OPTION of talented people who do not want to go through the rigours of electioneering was suggested by Mr S Rajaratnam last night as a possible alternative to a two-party system. Replying719 words
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254 1986-12-23 1 Bernama ES WHILE MALAYSIA may have left behind the worst of the recession in the last quarter of 1965, economic growth was still sluggish in the second quarter of this year. According to Bank Negara's July-September quarterly report, real output growth rose at an annualBernama ES - 254 words
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264 1986-12-23 1 Bernama FOREIGN COMPANIES investing in Malaysia from now till 1990 under the new foreign investment policy which allows them 100 per cent equity ownership need not restructure their equity after that period, Deputy Prime Minister Ghafar Baba said yesterday. However, foreign companies investing afterBernama - 264 words
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100 1986-12-23 1 JAPANESE FOREIGN MINISTER Tadashi Kuranari called on the US yesterday not to link trade friction to demands that Japan strengthen its defences, saying that Japan would try to solve pending problems. Mr Kuranari told a lunch at the Japan National Press Club100 words
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Article64 1986-12-23 1 AP SHARE prices in Hongkong, continuing a rally started last week, soared to a record high in heavy trading yesterday, pushing the Hang Seng Index through the 2,500-point barrier for the first time. The index jumped 39.96 points to close at an all-time high of 2503.77, aboutAP - 64 words
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Page 1 Advertisements
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Advertisement140 1986-12-23 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM >•* —X*- i ■SB f j» >Ni i E. ,v u '1 *W» l*a*~ >v r WW 1 Win this giant bubbly if you can CHAMPAGNE. So much of it 900 centilitres of Moet and Chandon bubbly that Sakina (our lady in the picture)140 words
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Advertisement306 1986-12-23 1 Against great odds GENTING BHD is trying again to bid for a contract to build and operate what is claimed to be the world's biggest casino in Sydney. But, this time, it is meeting some formidable competition not only from Australian consortia but also from Mr Stanley Ho of Macau306 words
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Advertisement218 1986-12-23 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM THE YEAR IN mm AS WE PREPARE to greet the New Year it is appropriate that we take stock of what has taken place in the past 12 months. A round-up of significant events and factors which influenced the economy's growth this year is218 words
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Page 2 Advertisements
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Advertisement545 1986-12-23 2 JL V>JJL OC Three of the most remarkable personal computers on the market. Fully IBM-compatible but with more features at remarkably low prices. By themselves, they are excellent value and with the offers below, irresistible. S M CONSUMER SPENDING BY SECTOR I I f^j lu r Epson PC: IBM PC545 words
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HOME NEWS
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152 1986-12-23 3 THE STOCKING IS smaller this year but more are getting the goodies. Shaw Foundation has given away $11.5 million this year. $2.2 million less than last year. But the sum goes to nearly twice as many organisations. Over 400 organisations are on the152 words
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423 1986-12-23 3 AMY BALAN - By AMY BALAN SYNTHETIC rubber and plastics giant Polysar International aims to raise its annual turnover in its Singapore office to US$5OO million ($l.l billion) by 1990. The Canadian petrochemical multinational, which recently opened its regional office in the Republic, currently423 words
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Article60 1986-12-23 3 SINGAPORE Petroleum Company has revised the posted (wholesale) price of its fuel oil in response to rising prices on the spot market. Medium and heavy fuel oil are now US$l dollar dearer. Medium fuel oil is now quoted at U5512.50 and heavy fuel is now60 words
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202 1986-12-23 3 REMEMBER your Central Provident Fund savings? Then don't forget to nominate your loved ones to receive them. This is the message the CPF board will be sending to its members. The board is stepping up its efforts in 1987 to get more members202 words
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385 1986-12-23 3 ANNA TEO - Link will allow international transfer of data By ANNA TEO LOCAL ACADEMICS will soon be plugged into an international network of intellect. The National University of Singapore is linking up with BITNET, an international computer network that covers some 200 universities and research centres385 words
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Article, Illustration297 1986-12-23 3 MARK LETHBRIDGE has been appointed the managing director of Kleinwort Benson (Singapore) Ltd, taking over from MALCOLM FLEMING who has returned to the group s office in London. Before his recent appointment, Mr Lethbridge was responsible for commercial studies for government clients, corporate finance, privatisation and project297 words
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Article435 1986-12-23 3 Seminars and courses DURATION TITLE VENUE OKGANISat TREPHONE Jan 2-23 Management Assistance National Nattonol *****66 Programme Productivity Productivity Board Board Jan 3-17 Financial Management National National *****66 Analysis Productivity Productivity Board Board Jan 3-24 Section Leoder Course National National *****66 Productivity Productivity Board Board Jon 5-6 Statistical Database Institute435 words
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Page 3 Advertisements
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Advertisement39 1986-12-23 3 r FACTORY FOR LEASE Rental: 60$ per sq.ft. AREA: 10,000-60,000 sq. ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus Interchange Interested parties please call *****80 A39 words
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Advertisement177 1986-12-23 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day f, mm m t m. <1. fciLi •1 V J fV n 00 e* r Mt m m m m smrcm restaurants 4 DIARY JUST FULL OF DINNER DATES? WE'VE JUST THE MATCH FOR YOU. When your business life involves177 words
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ASIA-PACIFIC
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314 1986-12-23 4 AP JAPANESE and World Bank officials had started talks on setting up a fund through which Japan could funnel part of its huge trade surpluses to developing countries, a Finance Ministry official disclosed in Tokyo yesterday. An official of the International FinanceAP - 314 words
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296 1986-12-23 4 Reuter THE JAPANESE government's economic growth forecasts are unrealistically high and fail to take full account of the adverse impact of the strong yen, according to a poll of top private Japanese economists. The financial daily Nihon Keizai Shimbun said its poll of 100 leading economistsReuter - 296 words
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431 1986-12-23 4 AFP PAKISTAN and India, seeking to improve their soured relations, have agreed on the need for "joint surveillance" of their common border to clamp down on the movement of "terrorists smugglers and drug traffickers, according to a joint communique issued last Sunday. TheAFP - 431 words
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251 1986-12-23 4 AFP SLOW INDUSTRIAL GROWTH, rising consumer prices and a poor monsoon have signalled a bleak picture for the Indian economy in the current fiscal year, according to a study released during the weekend. The economy would stagnate at last year's growth rateAFP - 251 words
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228 1986-12-23 4 Reuter NEW ZEALAND plans to amend its tax laws to introduce tough new disclosure requirements and stronger penalties to prevent the use of tax havens for corporate tax evasion and avoidance. Finance Minister Roger Douglas has said. The laws will takeReuter - 228 words
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Article280 1986-12-23 4 INDICATIONS are emerging that the recent downturn in Australian manufacturing is showing signs of bottoming out, according to the Confederation of Australian Industry-Westpac Banking Corp quarterly survey of industrial trends. Respondents in December reported a better performance than predicted in September and were generally less pessimistic280 words
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433 1986-12-23 4 THE HONGKONG government is to review its tax scheme, which could lead to lower personal or salaries tax and introduce new indirect taxes, for the February Budget. According to the South China Sunday Morning Post, Financial Secretary Piers Jacobs is said to433 words
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Article, Illustration335 1986-12-23 4 AFP PHILIPPINE armed forces chief General Fidel Ramos has urged the government to match the propaganda war launched by communist rebels since a 60-day ceasefire was signed on Nov 27. Yesterday, he told a weekly press forum, in what could appear as an impliedAFP - 335 words
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261 1986-12-23 4 Reuter SOUTH KOREA'S main opposition party may restructure its leadership next month in a bid to intensify its fight for democratic reforms. Leading dissidents Kim Dae-Jung and Kim Young-Sam, who control the New Korea Democratic Party (NKDP) from behind the scenes, met privately yesterday toReuter - 261 words
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Article741 1986-12-23 4 ARRIVALS Operator Servic* Local From number tim* StA SQ105 1105 Km SWR SRI 62 1145 ZRH/KHI/CM8 SiA SO 201 1145 CGK THAI TG403 1155 8KK SIA SQ191 1155 PEN MAS MH682 1230 KCH GiA GA940 1235 MES SIA SQ107 1250 KUL SiA SQ203 1300 CGK GiA GA900741 words
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Page 4 Advertisements
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Advertisement23 1986-12-23 4 Jt T f s% 1 v 'lz "to# N V"'_ ZMGoeote ifrMte SEAFOOD RESTAURANT TEL: *****11, *****28/9 920 East Coast Parkway. Singapore 154423 words
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Advertisement112 1986-12-23 4 I \r\ I I \l\ I The business person's choice, every I I II II II II I Tuesday. Thursday, Saturday ond I M I \l I I Sunday. Leaving Changi Airport at J_-IV_>/_L 1 22:05 hours and arriving at Heathrow at 06 45 hours the following morning. Call Air112 words
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REST OF THE WORLD
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436 1986-12-23 5 NYT THE REAGAN administration has exaggerated the Soviet Union's ability to invade Iran, according to a study made public last week by a Washington-based research group. The report, by a research associate at the Brookings Institution, asserts that Soviet forces would find itNYT - 436 words
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255 1986-12-23 5 AFP THE FIGHT against locusts and grasshoppers in Africa and the Middle East will have to continue unabated in 1987 in order to prevent a repeat of this year's massive crop-eating swarms, the United Nations Food and Agriculture Organisation (FAO) has said. InAFP - 255 words
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240 1986-12-23 5 AP SOVIET ENVIRONMENTALISTS, relaxing after meeting with their American counterparts, echo familiar complaints farmers are draining vital swamps, dam projects threaten rivers and power plants pollute the air. Perhaps most familiar of all is the Soviet officials' lament that they do not have enoughAP - 240 words
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656 1986-12-23 5 UPI THE AMERICAN economy is straining under enormous pressures that could send it reeling into recession next year, but most pundits believe the current business expansion will continue through 1987, creating more jobs and fuelling renewed inflation. Tax reform, the distorted trade picture, jangledUPI - 656 words
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190 1986-12-23 5 AP THE US government recorded a US$27-billion budget deficit last month, down substantially from the figure of November 1985, the Treasury Department has said. The department said last Friday the deficit last month was 19.1 per cent lower than the U5533.39-billion imbalance a year before.AP - 190 words
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364 1986-12-23 5 FT THE TURKISH goverment has announced a major package of measures to stimulate private industry and the growth ot capital markets These include the establishment of an export credit and export insurance system, tax and other incentives to encourage private companies to go public,FT - 364 words
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Page 5 Advertisements
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Advertisement58 1986-12-23 5 Limited Edition. I .vA;fj I t m j k. t* 13pP B«? 7r—-. m««*»£ .iA.~ £fe r- P 3 H/* aL. |4&«V H -*33 -r ■If 5 ■*%> &r* .vi 'f J v •mi-1 X tf s;' > •v N A rare and fine gift. Two exquisitely crafted Hennessy X.O58 words
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Page 5 Miscellaneous
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Miscellaneous12 1986-12-23 5 Doonesbury M m I 9 m m m V' BY GARRY TRUDEAU12 words
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BANKING AND FINANCE
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360 1986-12-23 6 Reuter OMAN s 22 commercial banks are set to record steady to higher profits in 1986, but are bracing for a downturn in earnings next year as the impact of lower oil prices is felt. Bankers and economists in Oman say thatReuter - 360 words
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249 1986-12-23 6 NYT AFTER A MONTH of consistently bad economic news. Brazil was visibly cheered last week by word that 17 government creditors had agreed to renegotiate Brazil's outstanding debts without insisting on a prior agreement with the International Monetary Fund. This agreement should pave the wayNYT - 249 words
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158 1986-12-23 6 Reuter THE BANK of England is issuing by tender £600 million of 2% per cent in-dex-linked Treasury stock due 2024. The tender will take place on Dec 30. later than would normally be the case. As is normal with tenders of indexlinked stock, the bankReuter - 158 words
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Article323 1986-12-23 6 ASIAN DOLLAR deposit rates extended their early sharp gains in active afternoon trading yesterday. The sharp rise in rates was prompted by news over the weekend of Opec's agreement to cut oil production. Short-dates firmed between 7/16 and 3/4 point at the outset. Thereafter overnight held steady323 words
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Article, Illustration874 1986-12-23 6 SINGAPORE: The US dollar and sterling closed firmer yesterday but overall trading was thin due to the coming Christmas holidays and year-end factors. Dealers said sentiment for the dollar and sterling was boosted by weekend news of Opec's accord to reduce production by 7.25 per cent to 15874 words
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Article554 1986-12-23 6 BA Futures MARCH Eurodollars opened unchanged from Friday s close at 93.94 following the Opec accord. After touching a high of 93.95, the March contract eased off to the day's low of 93.90 on news of higher oil prices in the Far East. Short covering, however, saw prices backingBA Futures - 554 words
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Article177 1986-12-23 6 Interbank rates at 3pm yesterday: Currencies Nominal BM ratee S Offer c mNheonten Local dollars to on* unit of foreign currency: US dollar 2.1910 2.1920 2.8196 -22.29 Sterling pound 3.1495 3.1531 7.3469 -57.13 Australian dollar 1.4756 1.4785 3.4286 -56.96 NZ dollar 1.1491 1.1518 ***** -66 48 Canodion dollar177 words
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Article117 1986-12-23 6 THE OVERNIGHT rate on the Singapore interbank market closed at 4 1/4 per cent yesterday, unchanged from last Friday's close. One month rose 7/8 to 4 1/4 while two- and three-months each gained 3/8 to 3 3/4. Discount prices At yesterday's ClOM Prices ottered by discount houses on117 words
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Article299 1986-12-23 6 HONGKONG: Gold closed higher yesterday. Bullion ended at U*****.80/U*****.30 an ounce against an initial U*****.00/50. This compared with Saturday's close here of U*****.50/U*****.00 and New York's final U*****.55/U*****.05. On the local market, gold finished HK$5 higher at HK53,660 a tael. The Krugerrand price held unchanged at HK53,070, or299 words
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Page 6 Advertisements
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Advertisement146 1986-12-23 6 China 12oz Panda Gold 1986 China's gold Panda com is this year world's largest gold coin. Minted by the China Mint, issued by the People's Republic Bank of China Only 2,500 pieces have been issued for worldwide circulation and a limited number has been reserved for Singapore collectors. 8 <2146 words
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Advertisement207 1986-12-23 6 L£l people meet 1111 Tony Han (ex-Troika) out a feast for you! t DINERS: $48 nett for a 4-course dinner, plus a glass of wine free novelties. NON-DINERS: $25 nett inclusive of 1 drink I non-premium) free novelties. CHRISTMAS DAY, 25 December 1986 DINERS: $38 nett for a 4-course dinner,207 words
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WORLD BACKGROUND
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809 1986-12-23 7 AP VIETNAM'S pragmatists, rising to power amid an economic crisis, have won an important battle to force out veteran hard-liners in the most sweeping leadership changes in the communists' history. But it remains to be seen how far these pragmatists, elevated at this week'sAP - 809 words
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Article, Illustration895 1986-12-23 7 Reuter CHINA'S biggest student demonstrations for at least seven years reflect a mixture of frustrations, but diplomats are divided on their broader significance. The rallies that paralysed central Shanghai over the weekend are the high point so far of a month of unrest on campusesReuter - 895 words
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638 1986-12-23 7 AFP THERE'S a costume designer for Hongkong television known as Jumbo Lau. Another television personality calls herself Money Lo. "I used to call myself Pierre when French names were popular here 10 years back,'' confesses a satirical columnist for a Chinese newspaper in theAFP - 638 words
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862 1986-12-23 7 Reuter THE SUCCESS of the most radical economic reforms ever attempted in Nigeria depend on the contents of a simple wooden box wheeled into a room on the ninth floor of the nation's central bank every Thursday. Sealed bids to buy foreignReuter - 862 words
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Page 7 Advertisements
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Advertisement42 1986-12-23 7 «Jaegek-leCoihtre> W§> Ht-f 101.120.1.1 Moon phases" gents' motif 1 by Jaeger-I>e 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 (Mt Sdn Bhd42 words
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Advertisement237 1986-12-23 7 U Certainly not the girl in this advertisement. Actually Stella is a quality Swiss Chocolate made without Sugar. What is even more interesting about Stella is its taste. HB Stella comes in 6 different flavours —in Plain White, Milk, Hazel Nut, vjfijajJ f Stelia Almond White, Gianduja and Bitter Sweet.237 words
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FEATURES
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Article539 1986-12-23 8 NICE TO LOOK, lovely to hold, but many things at shopping centres are not sold. There are crowds Well, not everywhere. And one place where the crowds do not form is where it really matters at the cashier's counter. Department store chiefs are therefore not "Ho-Ho-Ho-ing" away539 words
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Article, Illustration1031 1986-12-23 8 ZHOU MEI - PITHE TEAR IN KEViE&y I Economy 1 Manufacturing resurfaces as a growth leader Measures instituted by the government this year to try and stimulate the Singapore economy and to make the island more attractive to foreign investors are producing promising results, reports Economics Correspondent ZHOU MEI. ThisSource: Ministry of Trade and Industry - 1,031 words
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Page 8 Advertisements
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Advertisement800 1986-12-23 8 TF 7250 TX. 70cm /?8" 2 x 20W Stereo Below S i 680 ADVERTISEMENT—The name Thomson is one of the best known brands in Europe. Not surprising when you realise that 50% of all television sets made in Europe are manufactured by Thomson. Television sets that epitomise the state of800 words
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SPORTS
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130 1986-12-23 9 Reuter AMY ALCOTT calmly sank a 12foot birdie putt on the first hole of a three-team, sudden-death playoff to snatch victory for herself and partner Bob Charles in the US$5OO,OOO mixed team golf championship in Montego Bay, Jamaica, on Sunday. American AlcottReuter - 130 words
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Article133 1986-12-23 9 Reuter ENGLISH First Division soccer club Tottenham Hotspur were at the centre of two major transfers on Sunday when they sold Graham Roberts to Glasgow Rangers and then agreed to sign England midfielder Steve Hodge from Aston Villa. Hard-tackling former England midfielder Roberts became the fifth EnglishmanReuter - 133 words
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Article, Illustration539 1986-12-23 9 WALTON MORAIS - Puma Masters tennis championships By WALTON MORAIS IT WAS A SCENE straight out of a movie. Outplayed, out-manoeu-vred and out of breath, the old hustler facing his moment of truth against the young upstart. Put in another way, Justedjo Tank, defending champion and now well539 words
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Page 9 Advertisements
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Advertisement123 1986-12-23 9 PULL AHEAD OE THE COMPETITIONS BT Keeps you ahead of your competitors with the latest corporate developments BT, Singapore's largest business daily gives you 4 full pages of local and international company news to help you marshall facts information effectively. These statistical pages are a must reading for professionals, executives123 words
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Page 9 Miscellaneous
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Miscellaneous1109 1986-12-23 9 TO QHD ILiLL>CI i> TUESDAY PREMIERE Tootsie 10.30pm, Channel 5 4 4, 0 'Asw »i» "i 1 rf Dustin Hoffman (right) stars as Michael Dorsey, a dedicated but struggling New York actor who finally manages to land a leading role in a daytime soap opera by auditioning as a woman.1,109 words
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Miscellaneous653 1986-12-23 9 ®33S3»MD CRYPTIC PUZZLE ACROSS 3 Fielding errors? (5) 8 Olga's in town! (5) 10 The alternative to her? (5) 11 Charge with begin a beast? (3) 12 Strained at present? (5) 13 Generous admissions ot indebtedness by a policeman (7) 15 Place a chair (5) 18 A metal box (3)653 words
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Miscellaneous29 1986-12-23 9 BnStOKH ftaak-Dickene GRepsT Neujs —THE. gorggous miss pßefty or is pfv/»hjg us r visit Neyr vjjcex... KNOCK nne oP p, Love sPoTioM y ©Evenir>9 Standard Co Ltd.. 1962-19*6 TB9O29 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration749 1986-12-23 10 New twist to insider trading row in Britain Reuter AN INVESTIGATION into whether British public servants who vet company takeovers have used privileged information to fatten their own wallets has bred worries about how far the crime of insider dealing in shares has spread. When evenReuter - 749 words
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594 1986-12-23 10 NYT TRIAD AMERICA, the Utah-based investment company of Adnan Khashoggi, the Saudi businessman and arms dealer who played a key role in financing US arms sales to Iran, appears to be on the verge of collapse. Creditors in the US have filed foreclosureNYT - 594 words
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300 1986-12-23 10 Reuter A TAKEOVER of a major bank by a leading insurer and news that another merger may be underway has led to speculation of a shake-up in German financial services. But while Der Spiegel news magazine declared "the future belongs to financial supermarkets",Reuter - 300 words
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645 1986-12-23 10 NYT THE GENERAL ELECTRIC Co has agreed to provide several billion dollars to Kidder, Peabody Co, which it acquired earlier this year, to help fund a move by the company to invest aggressively in corporate mergers and buy-outs. According to sourcesNYT - 645 words
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Page 10 Advertisements
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Advertisement540 1986-12-23 10 %>/ mm *s SS w i is iF.S> Royal i Singapore i r■ -11/1 ru^ 1 VI 1A i J* <1. O R ID i I I'm <l< Norllirni an<l Smillhtm It.ill.hi Pa-la*. soillsala<l> •iitiff- .UKI tantalizing tl»*ss«Mls. In .1 r«-lr«*s|iniu|s diitrrrnl atrmoplH'rr. 3-COl HSK SKT LI NCM S2s+ ht»r540 words
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Advertisement133 1986-12-23 10 V -V W +> 'HiK 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 g) aayday *2SSKCROwn133 words
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ASIAN STOCKS
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Article446 1986-12-23 11 HONGKONG: The Hang Seng Index yesterday ended above 2,500 following strong local demand on corporate news and market rumours. The index gained 39.96 points to a new high of 2,503.77 compared with the previous high of 2,467.13 on Dec 11. The Hong Kong Index rose 26.37 to 1,596.74. Turnover446 words
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Article305 1986-12-23 11 DEC 23 NT t All Sincere Indus 1 96 -0 06 Asia Cem«nt 28 30 -08 Cathay Cons 34 70 -04 Chang Hwa Bank 36 40 -03 Cheng Loong 27 00 -04 Chia Hsin Cement 26 50 -1 Chin Hsin Flour 11 25 -04 China Chem 22 50 -06305 words
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Article489 1986-12-23 11 TOKYO: Stocks closed lower in active trade yesterday as investors took profits after the index gained to near record levels. The market average closed down 104 63 at 18.825.40. but had risen to within 14 points of its record intra-day high of 18,996.12 set on Aug 21 shortly after489 words
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Article130 1986-12-23 11 DEC 22 Cheil Sugar Oaelim Ino Daewoo Corp Daewoo Heavy Daishin Securities Dong Ah Phar Dong Suh Stock Dongbu Steel Gold Star Hanil Bank WON 1850 511 1013 1251 4050 B25 1781 1660 1721 934 1unch -19 -7 -9 -140 unch unch -20 -74 24 Hanil Cement Hankuk Glass130 words
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Article488 1986-12-23 11 SYDNEY: Australian share markets closed at record levels yesterday, boosted by strong support in media stocks and selected retail and oil and gas issues. News Corp takeover target the Herald and Weekly Times made the biggest gain as the market anticipated a full counter bid from Bell Resources chief488 words
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Article157 1986-12-23 11 Reuter BANGKOK: The Stock Exchange of Thailand Index was down 0.85 to 204.33. Turnover totalled 1,052,376 shares worth 249 million baht. DCC 22 MOT Ao Kham Thai Ayudhya Investment 218 -6 Bangkok Agro-lnd 56 3 Bangkok Bank 279 -2 Bank Of Ayudhya 192 -2 Charoong Thai Wire Cable 349Reuter - 157 words
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Article83 1986-12-23 11 DEC 22 pesos Acoje Mining Anglo Phil Apex Mining B Atlas Con B... Baguio Gold Bmic Petroleum Benguet Con B 0 029 17 75 0 0096 110 unch 0 75 unch 11 First Phil Hldgt 860 0 1250 unch -0 005 1.22 unch Marmteei Oriental B 0 028 -083 words
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Article59 1986-12-23 11 Reuter INDUSTRIAL EQUITY (Pacific) Ltd, a Hongkong investment firm, told the US Securities and Exchange Commission it had raised its stake in Reserve Oil and Minerals Corp common stock to 234,285 shares or 11.7 per cent of the total outstanding. lEL's most recent purchases of theReuter - 59 words
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390 1986-12-23 11 Reuter ARAB FINANCIAL leaders agreed greater freedom and diversity were needed to make stock exchanges successful and to spur investment in the Arab world, delegates at a meeting called by the Union of Arab Stock Exchanges (UASE) said The meeting, which was attendedReuter - 390 words
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165 1986-12-23 11 Reuter THE HONGKONG and Shanghai Banking Corp and Hutchison Whampoa Ltd will accept a general offer for all outstanding shares in South China Morning Post Ltd (SCMP) at a price of HK$77 each by the News Publishers Ltd subsidiary of News CorpReuter - 165 words
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134 1986-12-23 11 AP A NEW CHINESE airline expected to help break the aviation monopoly of the much criticised state-run airline will officially begin service on Jan 1. The China Daily said yesterday that China United Airlines, established with the help of the Chinese AirAP - 134 words
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87 1986-12-23 11 AP SOUTH KOREA'S Daewoo Corp has signed a US$5O million contract with Thailand's Electricity Generating Authority to build a "bargemounted" power plant for Thailand. Under the contract, Daewoo will build the 75,000-kilowatt plant in South Korea and tow it to Khanoum in southern Thailand.AP - 87 words
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Article77 1986-12-23 11 AFP JAPANESE electric machinery maker Hitachi Ltd is to build two cathode ray tube plants in Hongkong and southern China, the company has announced Details would be worked out early next year, a Hitachi spokesman said. The plants in Hongkong and in China's SpecialAFP - 77 words
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Page 11 Advertisements
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Advertisement764 1986-12-23 11 1 Iff H W T, Pf I r i I <-■- f I J" 4 3 5^ B u i: FESTIVAL OF BELLS AT THE HYATT COME ALIVE WITH CHRISTMAS CHEER AT '.HUGO'S: Traditional Christmas Eve Dinner Novelties Live Band for listening and dancing pleasure 5135 nutmegs: Christmas Eve Dinner764 words
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Advertisement215 1986-12-23 11 XLM -A--j Christmas Eve New Years Eve 24 31 Dec 86 P.-A COFFEE GARDEN Buffet Lunch 12 noon 3pm Roast Tom Turkey/Sirlom Bee' iNew Year) Peking Duck 30 other specialties Free novelties Sl5-+ (Adult) $10" (Child below 12) w Romantic Candlelight Buffet Dinner t Dance 7pm 3am Complimentary glass of215 words
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RAW MATERIALS
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531 1986-12-23 12 Forecast for average of US$2.9O a pound MBT IN THE LAST QUARTER of 1986 now drawing to a close, the price of tin is expected to average US$2.B6 a pound, says Bank of America in its latest commodity forecast. This averageMBT - 531 words
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150 1986-12-23 12 UPI TTHE KUALA LUMPUR tin market (KLTM) will open trading to Thai and Indonesian producers from Jan 5 in the first move to make it international. The KLTM is currently the world's only official market trading in physical tin. Tin trading onUPI - 150 words
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477 1986-12-23 12 AP A US GOVERNMENT decision to cut sugar imports next year will cause severe economic and political repercussions in the sug-ar-producing countries, some of the exporters say. The government announced last Monday a 41 per cent cut in itsAP - 477 words
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355 1986-12-23 12 NYT TESTING OF minerals heated and compressed enough to mimic conditions deep within the earth has led researchers to conclude that most of the earth's interior is formed of perovskites. minerals whose crystal structure is basically cubic. The finding, by scientists atNYT - 355 words
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Article243 1986-12-23 12 SINGAPORE The market closed higher with January One RSS buyers quoted at 182.75 cents/kilo, up 1.25 cents from last Friday. The morning session gained 1.50 cents on some short covering in quiet trading. But the gain was pared slightly in thin afternoon trading due to lack of interest ahead243 words
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Article84 1986-12-23 12 (canh/kg, 1-ton pollen) JAN 87 FES 87 (curront month) (forward month) NOON NOON RAS Suy*ri S«l|»a Ivy art SSR 20 173.00 175.00N 174.00 176.00N SSR 50 171.00 173.00N 172.00 174 00N MRELB •wyan S*4I*M tvyart SMR CV 278.50 280.SON 279.50 281 SON SMR L 281.00 283.00N 282.0084 words
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Article103 1986-12-23 12 THE PRICE OF TIN on the Kuala Lumpur tin market yesterday eased one cent to doee at M 516.63 per kilo in aplte of further gains on the European spot market last week. The slight easiness reflected a technical ad|ustment to the sharp rise here last Friday. The103 words
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Article66 1986-12-23 12 Bangkok (USS/tonne, FOB) White Rice 100% lit dots 245 10C% 2nd dots 210 100% 3rd dou 205 5% 195 10% 190 15% 185 20% 175 25% 170 35% 170 Broken Rice A-1 Super 118 A-1 Special 115 C-l Special unq C-l Ord unq Loonzain Rice 100% 1»» grade unq66 words
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Article277 1986-12-23 12 RAS prices In S centa/kg, FOB In balm I NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 183.50 184.50N 183.00 184.00N lot 1 RSS Jan 87 183.00 183.50 182.75 183.25 Int 1 RSS Feb 184.00 184.50 183 JO 184.00 Int 2 RSS OP 177.00 179.00N277 words
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Article681 1986-12-23 12 COFFEE Robusta futures drifted back to session lows in slack trading up to the midday recess yesterday, ending the morning £4 below to £5 above Friday's levels Dealers said early steadiness was prompted by last Friday's firmer New York close, with short covering and some light fresh buying681 words
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Article182 1986-12-23 12 MALAYSIAN crude palm oil prices closed steady yesterday on light covering interest, supported by the rebound in palm oil futures, after being quoted lower initially following a weaker Chicago soyoil futures close last Friday. Dec deliveries in the south region closed unchanged at Ms67o per tonne while Jan182 words
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Article103 1986-12-23 12 OIL PRODUCTS ALL PRODUCTS were significantly firmer as sellers reacted bullishly to the Opec agreement over the weekend, and recent increases in crude oil prices. Little trade, however, was reported as buyers reassessed the market's trend and sellers hold back in anticipation of further price rises. Closing prices for crude103 words
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Article141 1986-12-23 12 Chinese Produce Exchange S«l»n noon doafcig pricn an Doc 22 (SS/100 kg). Coconut oil Mi KM 64.00 Old drum FOt 7*.00 Now drum FOi #«.00 Copra Mixod (Ioom) 33 bwytri Pepper Munlak FOt NIW 1415.00 Sarawak WhMo KM foq NIW 1400.00 Sarawak ipodal btoek FOt NIW 1012 JO141 words
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Page 12 Advertisements
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Advertisement492 1986-12-23 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF HONG CHEONG CONSTRUCTION PTE LTD (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of the members of Hong Cheong Construction Pte Ltd duly convened and held at Blk 5084 Ang Mo Kio492 words
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Advertisement417 1986-12-23 12 IN THE MATTER OF THE COMPANIES, ACT, CAP. 185 AND IN THE MATTER OF KIM KIM TANNERY PRIVATE LIMITED (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of Kim Kim Tannery Private Limited duly convened and held at 5001 Beach Road #03-26 Golden Mile Complex, Singapore 0719417 words
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Advertisement336 1986-12-23 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF KIAN GUAN THYE CO PTE LTD (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of the members of Kian Guan Thye Co Pte Ltd duly convened and held at 75 Circular Road, Singapore336 words
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Advertisement340 1986-12-23 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF KUM YUE HING IRON WORKS PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the members of Kum Yue Hing Iron Works Pte Ltd duly convened and held at 2 Finlayson340 words
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Advertisement277 1986-12-23 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF ACME ENGINEERING COMPANY PRIVATE LIMITED (Incorporated in Singapore) (In members' voluntary winding-up) At an extraordinary general meeting of ACME ENGINEERING COMPANY PRIVATE LIMITED duly convened and held at 43 Jervois Road #01-05, Singapore 1024 on Thursday,277 words
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SHARE INFORMATION
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Article, Illustration4169 1986-12-23 13 THE SHARE MARKET eased across the board in light trading yesterday. Brokers blamed adverse rumours for the easiness of the market. A coffee trader was rumoured to be in trouble and this affected finance counters which came under some selling, although the4,169 words
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Article260 1986-12-23 13 SINGAPORE Rises Indices Ooc 19 D*c 22 VMS 32* 8 8T Compo*»• 790-79 ***** Shu Unt 117 4 IT todicatar *****095 *****294 S P M 795 5 ST OS/OS -50 -115 M lr9w#fWi I 695 5 8TCAO ■6859 -6932 HorrMora M i«a 366 4 8T08V ***** *****260 words
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Article3026 1986-12-23 13 810 and oBer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number ot shares traded shown in brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".3,026 words
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Article195 1986-12-23 13 AMALGAMATED STEEL Mills Berhad: 11th AGM at Room 506, 5th Floor, Wisma SPS, 32 Jalan Imbi, ***** Kuala Lumpur, today at 2pm. AOKAM TIN Berhad: 32nd AGM at Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, today at noon. RENONG Berhad: Adjourned 3rd at195 words
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Page 13 Advertisements
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Advertisement27 1986-12-23 13 KL market report, Business done on the KLSE, Page 14 Let BT show you how every Wednesday. M anagers ust anage BT shows you how every Monday.27 words
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COMPANY NEWS
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Article, Illustration673 1986-12-23 14 MBT TUN ISMAIL ALI is perceptibly mellower these days. At 68. however, the former Bank Negara governor and current chairman of Malaysia's Permodalan Nasional Berhad has not relaxed in his pursuit of honesty, hard work and efficiency. Commenting on the instances of criminal breachMBT - 673 words
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Article678 1986-12-23 14 Current Ex Books Del* Total tor Total tor payment dale ctoee payable ■te year leal year A N I3*%l Aufl 19 NYA NYA 13*% 27% A 1 S B 5%<bt Dec 5 Dec 17 Dec 23 5% 10% AMD! 1 3%(bJ Dec 22 6/1/87 Feb 6 13% 2%678 words
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320 1986-12-23 14 Bernama TDM BHD has asked its shareholders to vote in favour of its proposed one-for-one rights issue because it is "in the best interest of the group". The company said the issue of 27.45 million new ordinary shares of Msl each atBernama - 320 words
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Article, Illustration602 1986-12-23 14 FLORENCE CHONG - By FLORENCE CHONG AFTER AN unsuccessful attempt, Malaysian-based Genting Bhd has re-entered the race to bid for a contract to build and operate a casino in Sydney. The state government of New South Wales announced last week that Genting, which is teaming up602 words
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Article1811 1986-12-23 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 Industrial* ABnomoto (3005' Alcom 1706 725) (II 725 01 721,811 words
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410 1986-12-23 14 SHARE PRICES eased on the Kuala Lumpur stock market yesterday amid lack of interest among speculators who stayed on the sidelines ahead of the Christmas holidays. Brokers said there was little to attract punters back to the market and conditions were very quiet.410 words
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Article122 1986-12-23 14 HONGKONG Hongkong Index Monday 1596 74 Friday 1570 37 Week 090 1557 42 Hang Seng Index Monday 2503 77 Friday 2463 81 Week ago 2449 43 All Industrials Monday Friday Week ogo NEW YORK Dow Jones Friday Thursday Week ogo 2326 8 ***** 2299 3 *****5 *****2 *****6122 words
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Article255 1986-12-23 14 Managers' prices MARA-Bumiputra for Dec 23 hrtt 8 putro 516 521 Singapore Unit Trust Second B'putro Third B'putro 468 368 473 373 The Commerce 009 096 Fourth B'putro 4 15 420 The Savings fund 081 Spore frog fund 0 36 Spore Sec Fund 0 59 087 039 064255 words
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Article, Illustration529 1986-12-23 15 AMY CHEOK - By AMY CHEOK CYCLE CARRIAGE Ltd, distributor of the up-market Mercedes Benz vehicles, has reported its worst loss since the company was publicly-listed in 1969. The motor company, whose control has switched from the founding Chua family in Singapore to the Malaysian organisations namely529 words
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244 1986-12-23 15 DATUK YAP PENG, who recently pleaded not guilty in the Malaysian Sessions Court to two counts of criminal breach of trust involving Ms3.l million belonging to Koperasi Sepadu Bhd, has resigned from the board of Ma-laysian-based Dayapi Industries (M) Bhd. Datuk Yap was the244 words
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Article, Illustration616 1986-12-23 15 CHAN OI CHEE - By CHAN OI CHEE PROPERTY AND FINANCE group MBf Holdings Bhd is putting its business "enemies" on notice. A full page advertisement was placed in a leading newspaper in Kuala Lumpur yesterday announcing that it had reported to Bank Negara and the police616 words
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324 1986-12-23 15 Bernama THE BOARDROOM tussle for the control of Emtex Corporatioftxr. which has been going on for the..** past one and half years is likety:*» to come to a head at the compar ny's annual general meeting oirst Dec 31. <>*Sk The meeting isBernama - 324 words
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448 1986-12-23 15 FOOD-BASED QAF Ltd's jointventure with Emporium Holdings is off less than 18 months after it was first set up. Oriental Market Holdings, formed in August 1985, has now become a wholly-owned subsidiary of QAF. In a late announcement yesterday, QAF said that448 words
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178 1986-12-23 15 Bernama THE CONTROLLING shareholders of Sri Hartamas Corp Bhd are still negotiating with an unnamed party which has made a bid to take control of the textile and property-based company. In a statement yesterday, Sri Hartamas said: "Due to the magnitude of theBernama - 178 words
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407 1986-12-23 15 ELAINE KOH - By ELAINE KOH PEAK HUA Industries Bhd is still trying to look for underwriters for its proposed rights issue which will raise about Mss2 million for the cash-strapped company. The company said in its belated 1985 annual report released yesterday that407 words
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Article484 1986-12-23 15 IN RESPONSE to a query from the SES, Tat Lee Bank Ltd has said that negotiations to raise its stake in Commercial Discount Co Ltd to 51 per cent is in the final stages and may be resolved by year-end. KESANG CORP Bhd has extended its sale and484 words
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Page 14 Advertisements
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Advertisement13 1986-12-23 14 Key in to i ipn a woman's |111 X thinking with WORLD Id13 words
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Page 15 Advertisements
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Advertisement49 1986-12-23 15 I ness I i \wm IK M t > i r J t U 111 in I i I ft* Are tobacco companies feeling the heat? Sportssponsorship: Tennis, anyone? Comics are becoming a serious business Asean: A time of tax reform life after Work: Executive kidstuff JANUARY NOW AT NEWSSTANDS49 words
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Advertisement41 1986-12-23 15 We wish our customers and friends a Merry Christmas and a Happy New Year. We will not be sending out greeting cards this year but will be making a contribution to chantv. <z> Hongkongßank IV irW steinf Yxir partner in success41 words
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165 1986-12-23 16 Reuter THE GOVERNMENT of President Corazon Aquino will refuse communist demands for coalition rule and removal of US military bases in the country when peace talks with rebels start in early January. "The proposal of a coalition government is not negotiable and neitherReuter - 165 words
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399 1986-12-23 16 Sharp decline in imports, says Bank Negara Bernama ES MALAYSIA'S external trade account continued to record a surplus of M 51.68 billion in the second quarter of 1986 despite the continued sluggishness of the domestic economy. The surplus, down from M 52.48 billion inBernama ES - 399 words
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Article162 1986-12-23 16 Bernama THE FORMER CHAIRMAN of Malaysian cooperative Koperasi Belia Bersatu (Kosatu), Tee An Chuan, was sentenced to 12 years' jail and fined M 550,000 (in default six months' jail), by the Kuala Lumpur High Court yesterday for criminal breach of trust involving M 5603,700.Bernama - 162 words
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337 1986-12-23 16 AFP THE ECONOMIES of the Asia Pacific will outgrow those in North America and Western Europe by 40 per cent next year, according to a report released yesterday by Bank of America in Hongkong. Regional economic growth, as measured by gross domesticAFP - 337 words
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428 1986-12-23 16 Reuter OIL TRADERS quickly bid up crude prices to nearly US$lB in Asia yesterday following Opec's agreement to cut production and return to fixed prices. Far East oil traders said. But Asian financial markets, sceptical that Opec canReuter - 428 words
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427 1986-12-23 16 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent MOST OF THE top Singapore banks have slipped a few ranks in the annual survey of the top 100 Asian banks conducted by the British financial magazine, Euromoney. In terms of growth in size, the Singapore banks put427 words
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284 1986-12-23 16 Reuter CHINESE AUTHORITIES clamped down on student protests yesterday, deploying 2,000 police around the site of Sunday's mass demonstration in Shanghai and warning that official permission would be needed for further rallies. Thousands of people demanding more democracy and press freedom gathered in Shanghai'sReuter - 284 words
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111 1986-12-23 16 Reuter INTERNATIONAL Business Machines Corp said that its IBM Japan Ltd subsidiary had received. an order from Nippon Life Insurance Co for 1,700 IBM System/36 processors and more than 5,000 units of the IBM Multistation 5540 workstation with Japanese language processing capability.Reuter - 111 words
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68 1986-12-23 16 AFP VIETNAM BACKED-CAMBODIA has protested against repeated violations of its territory by Thai troops in recent weeks. Radio Phnom Penh yesterday said in a broadcast monitored in Bangkok that a Cambodian Foreign Ministry spokesman had claimed in a statement issued on Sunday that Thai forces hadAFP - 68 words
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Article133 1986-12-23 16 THE SINGAPORE branch of Moscow Narodny Bank yesterday made its debut on the local capital market with its US$3O million floating rate certificates of deposit issue. The five-year paper is arranged and managed by Singa-pore-based Kansallis International Bank (Asia-Pacific) Ltd. The co-managers are Kyowa Finance133 words
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Article, Illustration271 1986-12-23 16 AFP MALAYSIA it reviewing the activities of several public interest societies which Prime Minister Datuk Seri Dr Mahathir Mohamad had likened to urban terrorists undermining democracy, official sources said yesterday. Dr Mahathir hinted at a tough line on Sunday whenAFP - 271 words
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311 1986-12-23 16 Bernama ES MALAYSIA'S money market conditions remained tight during the second quarter of this year, with overnight interbank interest rates rising to a record level of 40 per cent per annum towards the end of April, according to Bank Negara. To alleviateBernama ES - 311 words
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Article101 1986-12-23 16 Reuter COMEX GOLD FUTURES rose in early thin dealings yesterday following Opec's agreement to cut oil production in an effort to bolster worldwide oil prices. February gold delivery traded at U*****.20 an ounce, up US$3.4O from last Friday's finish but off from an early morning highReuter - 101 words
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Article71 1986-12-23 16 Reuter WALL STREET stock prices retreated slightly yesterday as the market took an opportunity to digest last Friday's broad advance in record volume. Oil stocks reacted positively to news of an Opec production agreement, but the agreement fuelled inflation worries in the bond market. The Dow JonesReuter - 71 words
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LATE FILE
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Article32 1986-12-23 16 Bernama THE MALAYSIAN governrosnt ha* decided to defer temporarily the proposal to impose a 100 per cent tax on the second and subsequent pensions of its former employees. BernamaBernama - 32 words
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Article41 1986-12-23 16 Bernama THE MALAYSIAN government's housing loan interest rate for civil servants whose applications were made before Budget Dey on October 24 will remain at 4 per cent. Prime Minister Datuk Seri Or Mahathir Mohamad announced yesterday. Ber-Bernama - 41 words
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Article30 1986-12-23 16 Reuter PAKISTANI Preaident Mohammad Zia-ul Haq swora in a naw, sharply slimmeddown, Cabinet of 16 mambars yesterday, replacing the 36-member body which resigned on Saturday.Reuter - 30 words
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Article48 1986-12-23 16 AFP JAPAN ia to begin construction of a US$2 million satellite relay atation near Bangkok next month. Agreement on the station was reached last week in Tokyo during an official viait to Japan by Thai Science, Technology and Energy Minister Banyat Bandadtan. AFPAFP - 48 words
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Article51 1986-12-23 16 Reuter WEST GERMANY'S foreign trade surplus a recent target of US criticism because of its size fell slightly last month but remained just below a record high set earlier this year. The proviaional trade surplus in November was US$5.l billion, compared with US$5.4 billion in October.Reuter - 51 words
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Page 16 Advertisements
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Advertisement7 1986-12-23 16 Frustration M*n in student unrMt, Pag« 77 words
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Advertisement124 1986-12-23 16 m .-s it a 7 u* /i 111.f111.1l m m 4 1 r Ai last, a premiere western restaurant like none other in Singapore. Classic, elegant and prestigious. The perfect atmosphere and mood to enhance your dining and entertainment. And for that romantic dinner interlude, our resident pianist provides the124 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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490 1986-12-23 17 LINDA CHEE - By LINDA CHEE UNITED STATES Lines is making arrangements to start discharging all cargo on board the American Oklahoma tomorrow. Sources say the 4,258-TEU container ship is expected to berth alongside the Container Terminal tomorrow. Discharge operations will take about 10490 words
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262 1986-12-23 17 TWO CONTAINER berths at the Tanjong Pagar Terminal have been assigned to Maersk Line and Neptune Orient Lines. Under an agreement signed yesterday, the two companies will be given priority berthing in return for a guaranteed minimum throughput which sources say262 words
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216 1986-12-23 17 WORLD-WIDE Shipping has placed orders for another three supertankers believed to be worth up to US$l35 million. The order brings the number which World-wide placed with Daewoo Shipbuilding and Engineering and Hyundai Heavy Industries this year to four. In August it placed its216 words
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PORTSIDES
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Article86 1986-12-23 17 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan Shipping Conference will raise the extra risk insurance surcharge on shipments to Iranian and Iraqi ports to 13 per cent from 7 per cent, effective Dec 25. Simultaneously, the surcharges on shipments to non-Iranian and non-Iraqi ports covered under the temporarily reduced container-boxedReuter - 86 words
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Article52 1986-12-23 17 THE 3.000-TONNE Bumi Persada operated by PT Maskapai Pelayaran Pulau Laut (PUL) sank on Sunday in international waters about 128.7 km east of Singapore. The vessel was on its way from Surabaya to Singapore. The crew was rescued by passing ships. The Panamanian-flag vessel was on charter52 words
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753 1986-12-23 18 NYT ON THIS WINDSWEPT and isolated Caribbean peninsula, the Sandinista government is building a deepwater port that Nicaraguans have dreamed of for decades. When the project is completed several years from now, El Bluff will be the first and only large port onNYT - 753 words
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180 1986-12-23 18 AP SEVENTY-TWO people drowned in four major boat accidents in China from Nov 1517, including 54 in one disaster, the China Daily reported. The Saturday report said a privately-owned ferry capsized on the Beipan river in southern Guizhou province on Nov 16, drowning 54 ofAP - 180 words
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128 1986-12-23 18 Seatrade Week THE JOINT West GermanSoviet shipping commission's scheduled to take place in Bonn from Dec 3 to 5 was cancelled at the last minute by the Soviet side. The meeting was expected to pave the way for a bilateral shipping agreementSeatrade Week - 128 words
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Article704 1986-12-23 18 AB Shpg V 5 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 1 ASCI III Bolt-Canada Line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben line Cont V704 words
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Article1040 1986-12-23 18 CHARTERING on the London shipping freights market remained very low key on Friday with no sign of any significant change in tone. With iron ore. coal, sugar and fertiliser sectors devoid of fresh business, operations focused on a handful of grain voyage fixtures and timecharter bookings. Egypt featured1,040 words
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Article175 1986-12-23 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia. Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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182 1986-12-23 19 Lloyd s List INTERNATIONAL legal experts will try to update existing treaties on maritime liens and mortgages rather than write entirely new legislation. This is the outcome of two weeks of deliberations in Geneva between the United Nations Conference on TradeLloyd s List - 182 words
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346 1986-12-23 19 Lloyd s List NORWEGIAN shipowner, Kristian Jebsens Rederi, has established a US$l2O million joint venture with New Zealand's largest exporter of manufactured goods to serve the Pacific trades. The new non-conference operation, called Tasman Jebsen New Zealand Line, will operate fiveLloyd s List - 346 words
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251 1986-12-23 19 Reuter THE SOVIET passenger liner Admiral Nakhimov, which sank with the loss of 400 lives this year, had a reputation for drinking bouts among its crew. The newspaper Komsomolskaya Pravda quoted the liner's cook, V Pronko, as saying it was wellReuter - 251 words
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Article109 1986-12-23 19 AP A PETROLEUM barge explosion that was heard 27 kms away killed three workers and injured a fourth, authorities in Maryland said. A fifth worker was missing. Four workers were on the 90-by-30 metre barge at the Steuart Petroleum Co bulk storage facility cleaning outAP - 109 words
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207 1986-12-23 19 Kingsley Wood - ■y Kingsley Wood QUEENSLAND'S fruit and vegetable growers are ready to underwrite voyage shipping freight costs to break into Asian markets. But so far they have not been able to interest a shipping line in providing the type of service required. The207 words
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Article198 1986-12-23 19 AFP UNCERTAINTY over the outcome of the Opec ministerial conference in Geneva and indications that ministers were considering a reduction of 1.2 million barrels per day to 15.8 million curtailed activity on the tanker market dicing the past week The rate structure was nevertheless maintained out of theAFP - 198 words
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261 1986-12-23 19 Reuter EGYPT, concerned for the safety of canal zone residents, has set new rules for the transit of nuclear-powered ships and those carrying nuclear material through the international waterway. Canal authority chairman Mohammed Ezzat Adel told the Middle East News AgencyReuter - 261 words
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220 1986-12-23 19 OVERCAPACITY in container shipping, currently estimated at 30 per cent, will increase to 1990. the Bremen Institute of Shipping Economics and Logistics says. It expects that cargoes carried by container ships might grow to about 222 million tonnes annually form the present 179 million tonnes.220 words
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7928 1986-12-23 24 ssobgweb 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 of7,928 words
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Article1711 1986-12-23 25 The leading shipping lines operating from local ports and their agents A —B A Top Enterprises Pts Ltd Same (S) AB Shipping Bouatead Shpg Agencies A«m Lin* African Shpg Agencies (S) Ahrenkiel Lin* Kim Shpg (S). Alfred C Toepfer Oc«nu« Shipping Agencies (S) Multiport Sdn Bhd1,711 words
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Article654 1986-12-23 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Als Reliance KI8 Kim Shpg alongside 23 12/0600 Arko Star KI6 Borneo olongside 2312/1500 Frances Bay K27 Malay St alongside 23 12/0600 Golden Odyssey K36 Harpers alongside 23 12/1500 Oriental Castle K33 S'pore Shpg alongside 23 12/1800654 words
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Article773 1986-12-23 26 Li^uMNJII RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location Pegasus P 459N 23 12 86 1830 Straits F5A 0930-1030 ji flex Africa 007 2312.86 1700 Sharp F5A 0800-0900 V2 Fr«m Bridge 28B 23.12 86 1900 Kawasaki773 words
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Page 17 Advertisements
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Advertisement653 1986-12-23 17 CIkuiiIKTS i >i»isr 1)k ti( >n;m WW/ Orient Oveiqeas Qotdaitm Line NORTH AM€RICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING) v* sgp im arrow mx arc neptune jam i vni vn zin an ji/i VQMAZANO NIW M in 1£ 120 140 I*l mkntal amort it a w w iw 21/2 on653 words
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Advertisement63 1986-12-23 17 ON THIS WINDSWEPT and isolated Caribbean peninsula, the Sandinista government is building a deepwater port that Nicaraguans have dreamed of for decades. P«g« II KRISTIAN Jebsens Rederi has established a US$l 20m joint venture with New Zealand's largest exporter of manufactured goods. Page 111 Index to advertisers II Shipping schedules63 words
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Advertisement886 1986-12-23 17 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. fte Ltd. TEL. *****33 MAERSK LINE 0 1 EAST AFRICA SERVICES INAUGURAL SAILING TO DAR ES SALAAM MOMBASA NAIROBI ADRIAN MAERSK VOY 8703 etd SIN 17.1.87 TO •Sngaoorr Closing886 words
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Page 18 Advertisements
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Advertisement407 1986-12-23 18 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST Tl MERITERRANEAN AND EiRRPE ALSO ARABIAN 6ULF AND INDIAN SOD CONTINENT Alto accepting cargo to *11 U.K. deatinations, Scandinavian (Aarhus. Copenhagen. Gothenburg) and other European Inland point*. OUTBOUND TO MEDITERRANEAN VILLE DE JUPITER VILLE DE MERCURE VILLE O'URANUS407 words
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Advertisement295 1986-12-23 18 vrAj^MmwiL EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 I Malaysia sdn. bho. TLX: ***** MTM Frt. Booking contact Miss Gan ANG S PORE LOG. FOR %f\ Nui r iyx. BJW 22/1 Honßkeng-KaeheMig-toeMit-Lianyiiii(w>g m Bangkok -Hengkong-Keetung- Busan Further k>«d/ discharging ports en rout* >üb(«ct to eufftcwot inducement Sinppore Agent Goodrich Maritime Pte295 words
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Page 19 Advertisements
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Advertisement829 1986-12-23 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd occ Overseas Containers Limittd COHTAINtRSHP SaVKt TO UK/COWUCWT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok ta Mwi. MriK I ta Oram la all UK MMIn, >i CONTAINER SHIP SERVICE FROM UK/CONTINENT: FRANKFURT EXPRESS CAR OMAN BAY TOKYO »AY829 words
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Advertisement788 1986-12-23 19 Franco Belgian Services If *r. n. h N.r. i. uilUlrli'M" Kir f ,i>l. rn f i;» > (MEMBER OF ACE CONSORTIUM^ CONTAjNg WHg TO EUROPE CONTAINER StPV S PORE P KELANCLt Kamß djm F Stow* Ham I'Kmr AM THANSWORID BRIDGE 24 Dac (22 Dk) 12 Jm 13 Jan 14 Jan788 words
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Page 20 Advertisements
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Advertisement344 1986-12-23 20 100 Years Liner Shipping Far East 1886-1986 Zl \J TO CONTINENT/UK Hapag-Lloyd EXPORTS FROM N. CONTINENT &UK IMPORTS Frankfurt Eiprtss Cardigan Bay Tokyo Bay Larp Bay Rurama Maru Rasuga Maru Benavon Liverpool Bay City of Edinburgh H burg B'haven Rdam LeHa»re S ton A'werp HK KHH 4/1 *1 u/i m344 words
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Advertisement804 1986-12-23 20 JtS.iS- LINE if n smrnat c»*>»** FULLY CONT AIWERISED SERVICE 10 EUROPE VIA SUEZ 1 ol >he ct Cons<yllum 1/1 24/1 11 31/1 4/2 5/2 FROM [JROPE VIA SUEZ J ,ht ce Comoflwm KOREAN JACEJIN 36£ 1/1) Xl 2 NEPTUNE CRYSTAL 37E 81) 61 KOREAN CHANCE 29E (15/1) 13/1 STEVEN804 words
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Advertisement449 1986-12-23 20 jjytffli Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines) TLX RS ***** RS ***** IE EASTERN CAR LINER. LTD. STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS SEKI AKEISHI JOVIAN BRICHT ORANGE SURF SEKI NAGOYA Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG.449 words
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Advertisement1106 1986-12-23 20 r a aB EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO 1) PtOVIMNCI NOV ARK. SAVANNAH. BOSTON PHILADELPHIA NONFOL*. JACKSONVILLE. WILMINGTON KMMiDA ETC 2) ATLANTA CHICAGO DETROIT COLUMUS t OTHE* MAJOR WCROtRIOGf OUT I NAT lONS I) CR(STOMAL OALMA, PANAMA CITY COLON. SAN JUAN SANTO DOW1,106 words
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Page 21 Advertisements
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Advertisement707 1986-12-23 21 W \V PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE i SIN MY SMG SIN BLW SM 24/12 >7/12 JO/12 SI/12 4/1 an 2*12 SI/12 OMIT 8/1 7/1 4/1 7/1 IS/1 14/1 VESSEL SEA HAWK SEA HAWK KOTA SMGA SEA HAWK707 words
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Advertisement805 1986-12-23 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Li*wfM in an City of EM«f«h 4/3 I*l vn Mfl an w w W 4/2 MO 11/2 I*2 MR an a/2 4/3 vi 11/1 12/1 170 U/3 U/l I*l an an 2n *a V 2 w 11/2 11/2 MR U/2 21/2 2*2805 words
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Advertisement586 1986-12-23 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S PORE BILBAO BREMEN A DAM/R DAM H'BURC VESSEL/VOY OCEAN PRIMA/SWB I JALABERT BONTANG/lOWB CAN DA GAMAI7WB MATARAM/17WB PALEMBANU7WB GANDA BHAKTII7WB SRIWIJAYA/19WB KUTAI 11WB Su6|«ct586 words
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Advertisement412 1986-12-23 21 BOUSTEAD SHIPPING AGENCIES V s BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok an* dk j BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HULL HMBG TOANA NIUGINI V 2 In Pt 22/1 29/1 26/1 MORAYBANK V2N 29/12 27/1 4/2 2/2412 words
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Page 22 Advertisements
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Advertisement752 1986-12-23 22 ECUADOR/PERU/CHILE FEEDER VSt MOTHER VSL MARIA Vl7 TBN VSL Kline KAWASAKI KISRN KAISHA. LTD. MOTHER VSL SPORE PKLG PNG SPORE KOBE CUAYAQUIL CALLAO ARICA IQUIQUE AFACASTA S ANTONIO VALPARAISO TBN VSL HDk fi D« »Dk »Dk li Jh 2 F*to 10 Fat 14 Fat TAIWAN-JAPAN-CHINA-MANILA ALSO ACCEPTING. SHANGHAI. HSINGKANG. MOJI.752 words
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Advertisement389 1986-12-23 22 Accepting LCL and containerised cargoes Direct to South Africa NEDLLOYD COLOMBO 2Q26F OSAKA MARU V2131F HAYAKAWA MARU ICK S.A. VAAL ISH Spore Durban P.Eliz 29/12 11/1 13/1 4/1 m 21/1 P.Eliz CTown Durban SM SM 20/12 27/12 21/12 31/12 JAROINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12 05389 words
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Advertisement672 1986-12-23 22 C£/ if AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Containers INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* rcrcri ippfd u« nT?!?" PM p n4B l LMO"* sssssw z z sx M k m cc SO TRIPWRA »!W »D« CALABAR V3l 10 Dac 29 Dec liMWiiCilnlM'fiN S O MANIPUR VMM 4 Jan672 words
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Advertisement704 1986-12-23 22 GOLDEN LINE GUAN GUAN SHPPWG (PTE) LTD 23. I «to *rr Street SMGVOV 0104 HI 534W11 (II IHt) STRAITS/PERSIAN GULF SERVICE: Spore PKeta-* Pen** GOLDEN HARVEST Cotomto. Karachi! Di>t>e»/6e»irein 10(U Jan SHOUSHAN Xiamen. Tantfao 2*ll Dm CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA GAO CHENG 21704 words
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Advertisement329 1986-12-23 22 f INTRASEA (PTE) LTD. 10 Anson Road »27 16 Internationa' P'a/a Singapore 0207 Tel *****1 1 (10 L>nes) BTQimAStAM'MM* BREAKBULK SERVICE TO EUROPE/UK KARINA 88M27 DOOYANC FRONTIER MM 2S/12 Afwitt Sinfaport INTRASEA (PTE) LTD BOOK INC Z24SSU K Lumpur BINTANC SHIPPING CO SON BHD 71*711 Ptnanc BINTANC SHIPPINC CO. SON329 words
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Page 23 Advertisements
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Advertisement894 1986-12-23 23 Aients S'pofe NEPTUNE AGENCIES PTE LTD T«l No Office Terminal CPf BOOKINGS *****77 271*77 221X12 *****53 OR DIRECT LINES FE EUIAUST TPASEA *****53 *****42 *****42 *****19 *****14 *****11 \\NEPTUNE ORIENT LINES LTD XZT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A NEPIINE SDN BHD MM7 *****45.*****53 3M?4» NEPLINE SON BHD 24*5771 *****34894 words
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Advertisement543 1986-12-23 23 HEUNC-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN, INCHON Vessel! Nam* No I Donjm 609N No 7 Donjm (lON Dooysng Sjpphire/tlO No i Dorum/SION Eastern Glory/Cll No t Donim 701N No. I Dorum 'TOIN 5/1 (Off-hire) tin 13/1 (Off hire) m m w We with543 words
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Advertisement476 1986-12-23 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** t. KELANC PENANC M S SHARIKAT WAH SOON SON BHD IST AND 2ND FLOOR. MESSRS HAI THONG476 words
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Advertisement78 1986-12-23 23 Ifl Hongkong Singapore P.Klang Penang SUN HOP€ V.SA Sailed SUN FLORA V.IA Sailed LILIAN* V.3A Sailed 24/12 General survey for MV Sun Hope V.SA A MV. Sun Dora V.IA will be held on the 26th A 29th Dec. K at Gdn K. 20 from 0900 1200 hrs. respectively. There will78 words
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Page 24 Advertisements
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Advertisement450 1986-12-23 24 m REGIONAL container lines TO BANGKOK (4 SAILINGS A WEEK) VESSEL JENLINK PIYA BHUM RATANA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM SIRI BHUM SEA DRAGON JENLINK PIYA BHUM RATANA BHUM SIRI BHUM SEA DRAGON JENLINK SINGAPORE BANGKOK Wed/Thu iraKcara TO SOUTH THAILAND VESSEL RATANA BHUM RATANA BHUM RATANA450 words
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Page 24 Miscellaneous
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Miscellaneous177 1986-12-23 24 Regional Weather 1 h a N w m 0 a 9 ji 1 a Si Vs. 9 A Sy* m fS 21 3 5! ss M l!T K > m C f 1 M a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C yA Win« Wind direction177 words
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Page 25 Advertisements
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Advertisement150 1986-12-23 25 7Z •■v.v.v.'.-.v.v.v;v CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE *****88/*****56/*****48/*****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 OTHER ORIGINS: AARHUS. AMSTERDAM, ANTWERP, BASLE, BREMEN. BREMERHAVEN, COPENHAGEN, LE HAVRE. HELSENKI, MALMO. OSLO. STOCKHOLM. UK150 words
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Advertisement466 1986-12-23 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: RotVAntw; UK (Nwporty Satc/Nanto O)\ANOMMEREN "WOGID S I* (TIV Agents: SINGAPORE: CALICO SHIPPING PTE LTD T0 *****06 Tin RS ***** CAUCO Fa* *****71 PORT KELANG: PERKAPALAN UTAMA SON BHD T«t 368T19V6 KOTA KINABALU: KESAWAN SHIPPING SON BHO T«: 21M87/*****0(31nnl TG.466 words
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Page 26 Advertisements
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Advertisement168 1986-12-23 26 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Dong Nan Tankers (Pie) Ltd of No. 1, Playfair Road, Singapore 1336. j hereby give notice that in consequence of our intended purchase, we have applied to the registrar of Singapore Ships, under section 417, of The Merchant Shipping Act168 words
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Advertisement435 1986-12-23 26 5* K& S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 143 Cecil Street #10 04 08 Bmldmj S po<e 0106 lei ?219?SS Port Kelanf Tija Pma Shippmf Sdn Bhd Tel 03 *****24 b Penang Malaysia Trade i Transport ltd Tel 04 *****3 Pas» Gudang Malayan SNppmj Agencies Sdn435 words
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