The Business Times, 3 December 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TIIRSDAY, DECEMBER 3, IMB 75 CENTS
    12 words
  • 266 1 BAJAJSONS PTE LTD, a High Street textile company whose owners disappeared about two weeks ago, faces a legal suit from the Bank of India over bank loans of about $7 million. The bank's lawyers, Messrs Khattar Wong Partners, filed the suit in
    266 words
  • 91 1 AP HONDA MOTOR of Japan has raised the retail prices of its cars in the US by an average 4 per cent to offset losses expected from the Japanese yen's recent rise against the US dollar. It was the second Japanese car maker to
    AP  -  91 words
  • 768 1 /pAnlTuamc! By THE EDITOR BUYING AND SELLING is a human activity that in various forms predates history. In its sophisticated modern form, it is as well exemplified by share markets as by any other. Consequently, the closure of the Singapore and Kuala Lumpur
    768 words
  • 509 1  -  Exchange working out proposal to ease financial strain on stockbrokers By CHAN OI CHEE THE STOCK EXCHANGE of Singapore is hard pressed to submit to the Monetary Authority of Singapore by today a plan to ease the financial strain of the stockbroking community
    509 words
  • 411 1 THE FOUR PARTNERS of public accountants Price Waterhouse appointed the receivers and managers of Pan-Electric Industries Ltd by creditor banks have taken over the running of the company from the present directors. Last Saturday, the High Court appointed Messers John Frank, Thai Chee Ken,
    411 words
  • 459 1 ALLEGED FAVOURITISM by the government towards foreign and government-owned companies has again come under heavy attack this time from the Singapore Contractors' Association Ltd (SCAL). Allying itself with the Singapore Institute of Architects on the issue, SCAL's latest criticism of the government its
    459 words
  • 218 1  -  By LORETTA McLAUGHLAN THE ONLY FOREIGN stockbroking firm with an office in Singapore which appears to have been caught in the Pan-El crisis is London-based James Capel. The extent of the damage which the Singapore office could suffer as a result of the debacle
    218 words
  • Page 1 Advertisements
    • 55 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Infinity oo B<ith WHIRLPOOL K-14H2 Enhance and enrich your life, with Kohler s luxurious baths and showers Hold styles and sizes Futuristic designs Kohler has something for every lifestyle, in every bathroom scene! THf tODLrxjK William lacks Co (S) Pte Ltd 29 |oo Koon
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    • 292 1 McKinsey report: Merger suggestion rejected THE RECOMMENDATION by leading US management consultants, McKinsey Co, that Keppel and Sembawang should merge their shiprepair businesses has been rejected. On Page 17, the two companies give reasons for their joint decision while McKinsey suggests an alternative course. AIRCRAFT SCHEDULE MONEY ft EXCHANGES RAW
      292 words
    • 195 1 Nikon THE WORLD S FINEST PHOTOGRAPHIC SYSTEM Letters to The Editor, Page 10 It's work as usual, Page 15 Introducing Hongkongßank's Statement Savings Account. > *V>si 1 c W* y*¥ AciC EP a.; 4 43&1 ~a -JS With just this card, saving is now easier than ever! Enjoy all the
      195 words

  • HOME NEWS
    • 504 2  -  By BOEY KIT YIN ASEAN businessmen support the current round of multilateral trade negotiations (MTN) under the General Agreement on Tariffs and Trade (Gatt) in Geneva but will seek to liberalise trade in several areas. They have also agreed on Asean's support
      504 words
    • 224 2 THE MANAGEMENT of the Pinetree Club has been taken over by Club Corporation of Asia (CCA), the Far East affiliate of the Dallas-based Club Corporation of America. Mr Chng Hen Tiu, Pinetree Club's chairman, says he is confident that the CCA
      224 words
    • 107 2 GOLD AND SILVER horoscope proof coins commemorating the Year of the Tiger are now being offered for sale by the United Overseas Bank (UOB) group. Each set, comprising a gold and a silver coin, may be bought at the bank's gold department in UOB Building.
      107 words
    • 398 2  -  By LOH HUI YIN ASEAN governments should study how their national plans can complement one another to promote industrial joint ventures in the regional grouping. To do that, a government working committee could be set up to see how national plans could be
      398 words
    • 389 2 THE ECONOMY may not improve by January, but there are some things that can make your spirits soar. The Fifth Singapore Kite Festival 1966 could be one of them. Unlike previous festivals which were held on one or two weekends, the 1986 event
      389 words
    • 217 2 INSTANT CURRY, spring rolls, Tiger Beer and Magnolia drinks will be airflown to the US for a tasting by those who buy food in large quantities not for their own consumption, of course. This onslaught of local goodies will be launched by seven local food
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    • 271 3 CHRISTINA ONG has been appointed to the board of Citicorp Insurance Brokers (S) Pte Ltd. Miss Ong was an assistant director of Citicorp Insurance Brokers before her recent appointment. She retains responsibility for the company's marine hull, liabilities and cargo portfolios in addition to her new regional
      271 words
    • 99 3 THE CIVIL AVIATION Authority of Singapore (CAAS) has called for tenders to run the Seletar Airport duty-free liquor, cigarettes, tobacco and non-duti-able perfumes concession. It recently inviting tenders from established and reputable companies with not less than three years' retailing experience. The existing lease at the
      99 words
    • 167 3 MECHANICAL Handling Engineering (S) Pte Ltd (MHE), which is known in this region for its fork lift trucks, has set up two new divisions to meet what the company calls "escalating sophistication of the South-east Asian market". The new MHE-Logistics division, under Mr Geoff Wheatley, will
      167 words
    • 231 3 THE FIGHT against infectious diseases must go on, and Singapore and Malaysia need "constant vigilance" to find better and more effective ways to prevent and control their outbreak and spread. The Commissioner of Public Health of Singapore, Mr Wang Nan Chee, says this is
      231 words
    • 68 3 AIRPORT TAX coupons went on sale at post offices yesterday. The passenger service charge coupons are sold at the General Post Office and the Shenton Way, Maxwell Road, North Canal Road, Orchard Point and Tanglin Post Offices. Only complete booklets of 20 coupons each book will be sold.
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    • 394 3  -  By BOEY KIT YIN EXPORTS to Singapore's biggest market, the US, slipped 4 per cent in the third quarter in spite of a strong 4.3 per cent growth in the American economy in the same period. The decline followed large increases on
      394 words
    • 467 3  -  By LISA LEE IN A MOVE designed to raise its profile and profitability, Toys "R" Us Metro Pte Ltd has decided to set up a second outlet at the Forum Galleria in Orchard Road. As the Forum Galleria's
      467 words
  • Page 2 Advertisements
    • 97 2 Celebrate The Difference Cuisine. It's the subtle variety we offer and the exquisite service that goes along with it. The extra care to make your dining a memorable experience. Warm, friendly and attuned to your needs, Pan Pacific Kuala Lumpur is the difference you will feel good about. From the
      97 words
    • 261 2 Let us tempt you to leave the straight and narrow First, a warning about the new Audi 80 GTE Quattro. If you have ever had the urge to test drive a car which accelerates with the breathtaking ease of a FSE jet, and sticks to corners like the bullet train
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  • Page 3 Advertisements
    • 500 3 WORLDWIDE COURIER Changing the way the world does business. Three new IBM printers. Same quality impression. But because business is so different, we've gone on to develop another printer: one that uses breakthrough technology to give you better quality printing. Silently. You won t hear much of the new IBM
      500 words

  • BANKING AND FINANCE
    • 509 4 Reuter THE PLUNGE of the dollar on world foreign exchange markets has all but ruled out a cut in US interest rates for the rest of this year, according to financial analysts. Speculation has been strong that the Federal Reserve would cut
      Reuter  -  509 words
    • 117 4 UPI THE REFUSAL of Brazil to accept economic policies recommended by the International Monetary Fund and reschedule much of its US$lOO billion foreign debt has cost it an extra $600 million in interest. Brazil followed austerity policies negotiated with the IMF in 1963 and
      UPI  -  117 words
    • 82 4 Reuter THE AVERAGE discount rate of 91-day Malaysian treasury bills increased to 4.142 per cent at this week's tender from 4.113 last week. Dealers said accepted bids ranged from 4.072 to 4.191 per cent per cent compared with 4.011 to 4.187 previously. Applications totalled
      Reuter  -  82 words
    • 416 4  -  v /V SANG KANOL L J Sang Kancil is BT's financial futures trader. Each Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL
      416 words
    • 116 4 AFP NO NEW foreign banks will be allowed to operate in Sudan, the Finance and Economics Planning Minister, Awad Abd-ul-Majeid, was quoted as saying by the state news agency Suna. He said on Sunday that Su- dan's experience with foreign banks had
      AFP  -  116 words
    • 256 4 Reuter JAPAN'S net foreign bond purchases surged to U555.67 billion in October, the third largest monthly net buying on record, from $2.62 billion in September. The finance ministry in Tokyo said yesterday that the record $8.45 billion was in July this year and the second
      Reuter  -  256 words
    • Article, Illustration
      785 4 SINGAPORE THE US dollar yesterday reversed its slightly firmer trend against most major currencies to close narrowly mixed in moderately active trading. It closed lower at 2.5106/15 marks compared with an early 2.5210/20 and New York's Friday 2.5140/60 close and at 2.0710/20 Swiss francs against 2.0690/0900 and 2.0630/50
      785 words
    • 275 4 Interbank rates at 3pm Friday: CucftncNi Nominal rates Smith aoman Bid Offer en >aa parity change Local dollars to one unit of foreign currency: US dollar ***** 2 0950 2 8196 -2573 Sterling pound 3 0896 ***** 7 3469 -57 95 Australian dollar 1 4343 1.4371 3 4286
      275 words
    • 79 4 THE OVERNIGHT rate on the Singapore interbank money market fell by l l points from Friday to close at 4 3 per cent yesterday. The one-month term rate rose by 3 point while the two- and three-month rates rose by 5/16 each. S$ Interbank rotes ot 3pm yesterday:
      79 words
    • 320 4 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Most operators were on the sidelines awaiting for this week's release of some US economic data. Overnight closed at 8H 8 and week fixed at B'4 8 f, dealer said. Period rates were little changed
      320 words
    • 384 4 BA Futures EURODOLLAR futures yesterday opened slightly lower than IMM's close last Friday. However, after opening at the day's low of 91.99, the March contract edged up to 92.03 in quiet trading in sympathy with firmer bond prices. Liffe opening saw prices easing back to Simex's opening level to
      BA Futures  -  384 words
    • 270 4 HONGKONG: GOLD yesterday closed higher on Chinese interest buying as well as bargain hunting by small investors, following a late fall in the US dollar. Trading revived in the afternoon after a fairly quiet morning session due to a lack of fresh factors. The bullion price finished at U*****.40/80
      270 words
  • Page 4 Advertisements
    • 143 4 Tfinc COURT FOR HAN XM LOVERS WTO THOUGHT THEY'D 1| I^■ T*T* JkT T Even though you think you v< X ISjLCJIJ XX tri ed every conceivable variety A As many helpings of Dian Xin as you could possibly be tempted to try. Don't miss this rare treat! *$12.00++ (adult)
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    • 52 4 BALLY of Switzerland meets the challenge of today MDM The Best of BALLY Is To Be Found At MELWAINiI boutiques hommes #02-14/15, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29 #01-26/27, Specialists' Centre Tel: *****54 #03-06/07 Scotts Shopping Centre A member of Tel: *****60 the MBM Group Also open
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  • Page 5 Advertisements
    • 220 5 Whether youte cossetted or coddled on an Air Canada flight depends entirely onwhether yaute a passenga; or an egg ESrfi j mMfo m Wt .90 i I Sff I r:»e^. ■V •A) w iSf S viVi' If I tl« n ■ri* *i t "V V VtUTKa "toaJS?!* r»', V''-' -*2i
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  • THE AQUINO VERDICT
    • 709 6 UPI, AP PHILIPPINE Armed Forces chief General Fabian Ver, 24 other soldiers and a civilian were acquitted yesterday in the 1983 murder of Filipino opposition leader Benlgno Aquino. The verdict brought General Ver's immediate reinstatement and sparked new opposition cynicism towards President Marcos' government.
      UPI,; AP  -  709 words
    • 170 6 AFP, AP SLAIN OPPOSITION LEADER Benigno Aquino's widow Corazon yesterday charged that President Ferdinand Marcos had ordered her husband killed and vowed to seek justice when the chief executive was no longer in power. "I really believe that Mr Marcos gave the order. After all we are living
      AFP,; AP  -  170 words
    • 537 6 Reuter PHILIPPINE armed forces chief Fabian Ver, cleared yesterday of involvement in the 1983 murder of Benigno Aquino, retained the backing of President Ferdinand Marcos and the loyalty of many of Iris generals throughout the long trial. Soon after he took leave of
      Reuter  -  537 words
  • Page 6 Advertisements
    • 277 6 How will computers change your life In the next five years? V' I Va MSI '^eeOnhL Vy W 3-5 December, View The way we work, how we draw our salary, how we pay our bills. The way the buildings are little. E designed. How this newspaper is printed. Teaching methods
      277 words
    • 53 6 Hertz costz up to 50% less Below loOOcc models 1600 cc models lit ■k Includes unlimited mileage, insurance, maintenance and other exclusive Hertz advantages. less decision with nore mileage. 280 K.mpor* A ring RJ 447 3388; Tm«lin Shoppy* <>«««; *01-20: 734 4M& Ch»«» Airporr 545 8181 Hero Intrrnaaorai Reservations: Tel:
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  • Page 7 Advertisements
    • 101 7 I HUI torn THE PEAK. READING LIST. I m A superbly produced magazine. Containing articles by well known writers and photo-journalists. Covering the most interesting and varied range of subjects. From holidays to haute couture. These make The Peak top of anyone's reading list. However, not just anyone can subscribe.
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  • OVERSEAS
    • 297 8 AP JAPANESE WORKERS are less loyal to their companies and less satisfied with their jobs than many of their European and Asian counterparts, according to an international survey. The Japanese Federation of Electrical Machine Workers' Union polled 11,000 men and women in the
      AP  -  297 words
    • 112 8 AFP NEW ZEALAND'S anti-nuclear legislation has been accepted and approved by the Cabinet. Prime Minister David Lange said in Wellington yesterday that it would be introduced to Parliament later this month, after being shown to the US and British governments through their diplomatic posts in
      AFP  -  112 words
    • 311 8 UPI SOUTH KOREA'S National Assembly plunged into turmoil yesterday when the ruling Democratic Justice Party (DJP) unilaterally passed the government's 1966 budget without the participation of opposition lawmakers. After four days of unsuccessful negotiations, the DJP, which controls 148 of the 276-member
      UPI  -  311 words
    • 128 8 Reuter A SLOWDOWN could occur in some areas of Australian business activity in 1986, according to the latest index of leading indicators compiled by Westpac Banking Corp and the Melbourne University Institute of Applied Economic and Social Research. The index indicates continuing economic expansion in
      Reuter  -  128 words
    • 378 8 AFP THAI FOREIGN MINISTER Sithi Sawetasila has said his country is not opposed to a proposed informal gathering of warring Cambodian factions and Vietnamese officials to initiate a settlement of the seven-year-old conflict. Reports in Bangkok yesterday quoted Mr Sithi as saying
      AFP  -  378 words
    • 822 8 ARRIVALS Operator Sirvm number Local time From PAA PA2I/5 0155 LAX/TYO/HKG CAL a 341 0255 .TPE CAL CI337 0255 TPE SV SV389 0445 JED/RUH MAS MH601 0720 KUL MAS MH68I 0620 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8II 0940 PEN SIA SQI03 1005
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    • 292 9 Reuter THE BLACK PRESIDENT of South Africa's huge new Labour federation yesterday backed disinvestment and called on the government to scrap laws curbing the movement of black workers. Elijah Barayi of the powerful black National Union of Mineworkers (NUM) was elected president of the radical 500,000strong
      Reuter  -  292 words
    • 141 9 Reuter NEARLY two-thirds of crimes go unreported in the US because victims consider the incidents unimportant or believe nothing can be done about them, the Justice Department said. Only 35 per cent of the estimated 37,115,000 crimes committed in 1963 were reported to the police, the
      Reuter  -  141 words
    • 131 9 Reuter BRITISH industrial investment could fall by 4 per cent in the long term as a direct result of last year's budget tax changes equivalent to a 4.5 point increase in interest rates according to a report published by the University of
      Reuter  -  131 words
    • 205 9 AP HINDUS who find it impossible to keep a cow themselves are being offered a chance to aid their religion's most sacred animal through a farm's Adopt-a-Cow programme that guarantees an animal's lifelong care. Herbert Bressack, the director of the Gita-Nagari farm community in Port Royal,
      AP  -  205 words
    • 191 9 Reuter THE ORGANISATION of American States (OAS) began a special session yesterday to revamp its charter and give the 37-year-old body increased efficiency to deal with regional conflicts. The three-day meeting ahead of the OAS's annual general assembly is aimed at a fundamental reform of
      Reuter  -  191 words
    • 569 9 NYT THE US ECONOMY Improved again in November, continuing the trend of the previous two months, the nation's purchasing managers said on Sunday in their latest monthly report. The continued improvement in the economy in November was encouraging, said Robert J Bretz, the
      NYT  -  569 words
    • 153 9 AFP DOLLAR-PEGGED prices of raw materials, excluding oil, went up in October by an average of 1.2 per cent against the previous month, in the first sign of an upward trend since April. The International Monetary Fund reported on Sunday that the increase was
      AFP  -  153 words
    • 457 9 AP TRADE OF poor countries dropped in the first half of the year, while the richer industrial countries increased their exports, according to figures made available on Sunday by the International Monetary Fund. The fund takes as a sample 62 countries from Argentina to
      AP  -  457 words
  • Page 8 Advertisements
  • Page 8 Miscellaneous
    • 42 8 Doonesbury HI.MOM,ITSMe..P&N HONEY JUST IULP MS YOU'VE BEEN TRf/NG TO I 15 I UJsrjte DXRfmNGSFte, PEM. IGUEPANUT OH,YEAH? THE UmBWKKET DID I AJNTSOPHCS&aXXJ WSOMBPORKXJRmKJWm. THINS* 1 r, i f 1fil z? BY GARRY TRUDEAU I I W 5r m M 118 25EIUE
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  • Page 9 Advertisements
    • 150 9 I k h > m n >** 3 VI S > Live it up: with Old Parr or Hennessy XO. From Ist October to 31st December 1985. just order an Old Parr or Hennessy XO or a cocktail with either Smirnoff Vodka, Gilbeys Gin or Malibu as its base. And
      150 words
    • 292 9 Pan Am Daily IbLos Angeles And Honolulu. Leave Arrive Singapore &00am Daily Los Angeles 11.36 am (Same Day) Singapore &00 am Daily Honolulu 8.25 am (Same Day) II »M»« 'sSlpi 2* m With daily flights, Pan Am makes flying to Los Angeles and Honolulu convenient and comfortable for business travellers.
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  • LETTERS TO THE EDITOR
    • 494 10 AN EXCELLENT annual report is a necessary but not a sufficient component of a successful business. The company report does not make a company succeed. It merely reports the success of a company, according to Brig-Gen Lee Hsien Loong, the Minister of State (Defence and
      494 words
    • 495 10 Need to impose immediate delivery rule Dear Sir, In the past two weeks, the short-sellers have capitalised on the tin crisis, Baling riots, Sabah unrest and now the disastrous Pan-El crash. When the market re-opens, many believe that the short-sellers who hold the upper hand will
      495 words
    • 358 10 Dear Btr, May I ask the following questions for the relevant someone in authority to answer? Isn't the back of Singapore's housing problems broken by the HDB and HUDC? Isn't it true that 90 per cent of the population is now housed in public housing?
      358 words
    • 190 10 The long-drawn Pan-Electric saga has taken a heavy toll of the Singapore stock market. Until recently, the relevant authorities maintained a wall of silence. The rumour mill took over, causing jitters among the investing public. Short-sellers had a field-day, making quick and substantial profits.
      190 words
    • 159 10 On Sep 28, 1985, BT columnist Hock Lock Siew, writing in Ckmrtpotat, gave a buy signal for the shares of Pahang Investment Ltd, citing a potential target of $1. I During the following two weeks, more than 25 million shares were traded in Singapore. Many bought and
      159 words
    • 1148 10  -  China's current "open door" policy is aimed at the comparatively affluent east. However, Beijing's leadership must not ignore the bleak and remote interior, says COLINA MacDOUGALL. COLINA MacDOUGALL FT WHEN THE Red Army crossed Guizhou province in China's remote south-west on the epic Long
      FT  -  1,148 words
  • Page 10 Advertisements
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      186 words
  • Page 10 Miscellaneous
    • 28 10 BriStcW^FiHiilcDicieng i UP IP»TH I upcre ON {L£X US PRRY U>OR»ONG Time) ip* Neu) CHRP-.MC struts Ims FIRST £>pV/S VJ— IN WVOICIH6 > thc trpv\M LOBS Lfvre. ■i»-. ,£f!
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  • SPORTS
    • 445 11 Reuter FORMER US Open champion Fuzzy Zoeller displayed a dazzling putting game on the back nine of the Bear Creek course on Sunday to win a record U*****,000 and the Skins Game golf tournament in Murrieta, California. Zoeller, who came
      Reuter  -  445 words
    • 70 11 UPI MORTEN ANDERSEN kicked five field goals and the New Orleans defence set up two fourthquarter touchdowns on Sunday, leading the Saints to a 29-3 victory over the NFC West-leading Los Angeles Rams. The loss dropped the Rams, who won their first seven games, to 9-4. The
      UPI  -  70 words
    • 354 11 AFP ATTEMPTS BY THE FOUR leading countries in the world team squash championships to ensure against match-fixing came to nothing after a meeting between the managers in Cairo on Sunday. Pakistan, Australia, and England all wanted yesterday's final qualifying matches to be reshuffled to take
      AFP  -  354 words
    • 896 11  -  Health fitness centres offer many facilities By BYRON JOYNER IN THIS FAST-PACE urban life-style, there is a need to become more health-conscious and less stress-related. Too many people today are armchair sportsmen. They sit at home, watching television and drinking beers. The comforts are often nice
      896 words
    • 501 11  -  By WALTON MORAIS THE SINGAPORE ladies golf squad, now in training for next year's Queen Sirikit championship, received a welcome boost on Sunday when two members finished 1-2 in the Malacca Open championship. Kee Bee Khim and Mikiko Ohta finished in that order
      501 words
    • 187 11 Reuter BRITAIN'S Zola Budd set a course record to win the Holiday Bowl-Heart of San Diego 10-km race on Sunday but her lead was unexpectedly cut in the final stages. Budd, the world record holder at 5,000 metres, won in 33 minutes 15
      Reuter  -  187 words
  • Page 11 Miscellaneous
    • 1160 11 w vm gmimd TUESDAY PREMIERE City Kilter 10.30 pm, Channel 5 Another thriller to keep you glued to your television set. A psychopath by the name of Leo demonstrates his love for Andrea, a female executive, by blowing up buildings. Tension builds up when the "Love Bomber" suspects that Andrea
      1,160 words
    • 654 11 CRYPTIC PUZZLE ACROSS 3 See Winnie out with o dog (5) 8 Wine to hove on a rainy day? (5) 10 Water department (5) 11 Go after a sausage 3 (3) 12 Boys at birth (5) 13 Church I enter with a priest (7) 15 Square ones? (5) 18 Leading
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  • INTERNATIONAL COMPANY NEWS
    • 838 12 FT THE RENEWED BOUT of concern over self-regulation in the City of London has put Mr Jim Raper the old bete noire of the self-regulators back in public view. The occasion of his reappearance the publication of an inconclusive Department of Trade
      FT  -  838 words
    • 183 12 NYT APPLE COMPUTER Inc has disclosed that Stephen Wozniak, the company's co-founder, had bought US$5 million worth of Apple stock and announced plans to buy as much as $15 million more. Shares in the personal computer company, which is based in Cupertino, California,
      NYT  -  183 words
    • 229 12 UPI BOEING CO is the apparent winner in the bidding for Canada's financially-troubled De Havilland Aircraft Co. The Seattle Times said a Canadian Member of Parliament told the newspaper he had information a deal was all but wrapped up for
      UPI  -  229 words
    • 825 12 Reuter WEST GERMAN banks have already locked in record operating earnings for this year, cashing in on an unprecedented boom in stocks trading at home and abroad. Two of the Big Three Dresdner Bank AG and Commerzbank AG are now seen
      Reuter  -  825 words
  • Page 12 Advertisements
    • 514 12 ?'V<i > HUANG PAIA a .iT| K /3£ $0 c <* tP Lunch Ham to 2 30pm daily Sundays and Public Holidavs Bam to 2 30pm •In .Wilt* -n r»**r *-h3C f>> l\j' 'f^s 181. Kitchener Road. Singapore 0820 Tel *****22 Finest Mississippi N CATFISH Form raised and grainfed. this
      514 words
    • 211 12 s o \\v atl^ngChfengljfiu Teochew Restaurant Come to the best Teochew restaurant in vV town for a really special Buffet Luncheon. /PU Choose from 60 scrumptious dishes for just $18++ per person (minimum of 2 persons at a table). Xftfw f Tor 2 persons 3 dishes with rice/ porridge and
      211 words

  • ASIAN STOCKS
    • 425 13 HONGKONG: Share prices closed .sharply lower yesterday as concern over the suspension o! trading in Singapore and Kuala Lumpur spilled into Hongkong. The Hang Seng Index lost 22.38 to finish at 1,694.57, coming under pressure throughout the day. Brokers said Singapore interests were selling shares in the colony to
      425 words
    • 255 13 £>tC 02 AJ Sincere Indus NT 200 21 90 -004 0 1 Lien Hwa Indus Non Yu Has Pocific Cons Pacific Elect Wire 12 70 28 60 1560 1315 03 +0 2 -02 +0.1 Cothoy Com Chang Hwo Bonk Chen Loong Chio tun Cement China Chun 27 20 43
      255 words
    • 463 13 TOKYO: Share prices rose slightly in light trading but brokers said the market lacked underlying en- ergy and buying focused on selected incentive-backed issues. The market average gained 17.39 to close at 12,796.92 after gaining 16.26 in last Saturday's half-day trade. Turnover was a light 210 million compared with
      463 words
    • 72 13 DCC 02 Pnoi Oriental B 0015 unch Phile* B 0 14 -0 005 Acoje Mming Pic op B Anglo PM 0001 unch PLOT Ape* Mmrrvg B 001 0 0005 Podco B 10 unch Pogei Bagu'o Cold 0001 unch Bovc Petroleum 0002 90 -0 0004 Son Miguel B 16 50
      72 words
    • 384 13 SYDNEY: Australian stocks closed easier in quiet trading after a cut in international gold prices and on a lack of overseas interest, brokers said. But they said the market may have bottomed and could improve later in the week. Brokers cited a more stable gold price in Hongkong yesterday
      384 words
    • 71 13 DCC02 Won 770 25 Hyundai Const Hyundai Motor KAL 929 +1 1498 120 570 .jrtrh 725 24 775 +29 Commercial Bk 765 595 17 14 Yukona 1405 424 5 -6 590 23 765 20 Daewoo Ind 975 585 62 -16 Samsung Co 744 1289 -7 9 865 5 1160
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    • 104 13 DCC 03 k*». S«om Cement 517 HKh Som Citizen 64 50 2 Aokhom That 181 unch Siam City 488 -2 Auo fix* Ayuthoyo tnv And TruM Strong Pock Bongkok Agro-kid 25 25 -0 25 Bank 5)8 -8 Bar* Of Ayudtayo 120 Thai Danu Bark 313 204 unch unch Ltd
      104 words
    • 63 13 Reuter THE BELL GROUP and Bell Resources told the Melbourne Stock Exchange they held 176.17 million Broken Hill Pty Co (BHP) shares, or 17.07 per cent of its 1.03 billion issued shares, as at Nov 29. The previous holding of the Bell companies, controlled by
      Reuter  -  63 words
    • 490 13 Reuter INDIAN INVESTORS are continuing to flock to India's rapidlygrowing stock markets, although the share price boom caused by Prime Minister Rajiv Gandhi's liberal budget in March has subsided. "On average, we have one company a day going public," said M R Mayya, the
      Reuter  -  490 words
    • 74 13 Reuter FULL ASSEMBLY of foreign computers in China under deals with US companies is likely to begin next year. Foreign industry executives in Beijing said yesterday that virtually every major Western computer company had discussed local assembly or manufacturing with the Chinese but only three Wang
      Reuter  -  74 words
  • Page 13 Advertisements
    • 608 13 Bdr Business Or Pleasure, Lunch At THe Elizabethan Grill Tbday's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons
      608 words
    • 137 13 Savoury Delights Await Yon At M M 4 i acailabk daring hatch! For reservations am. 235 2698 or 734 6622 ext 141/144 51! 11 lh Linen. 11 am-3pm orchard row Dinner 6pm- 11pm i rtFi^rsc L I f r imflt'i mimjvii/. mmTrnt, Ample FVee Parking 19 Camhi Qrde and Valet
      137 words

  • RAW MATERIALS
    • 423 14 Reuter WORLD CONSUMPTION of synthetic and natural rubber is forecast to rise next year by 310,000 tonnes, the International Rubber Study Group (ISRG) has said. After a week of discussions involving around 150 delegates representing producers, consumers, traders and international organisations, the group
      Reuter  -  423 words
    • 329 14 AFP A ROUTINE MEETING of the International Cocoa Organisation's (ICCO) executive board in London from today to Thursday is expected to provide an opportunity for the continuation of informal talks on the future of the International Cocoa Agreement. Three rounds
      AFP  -  329 words
    • 226 14 SINGAPORE THE MARKET yesterday closed lower with January One RSS buyers quoted at 152.50 cents per kilo, down 1.50 cents from last Friday. MALAYSIA Conditions were slightly bearish on the market, with the new current trading month Jan Int One RSS buyers quoted at 176.50 cents per kilo, down
      226 words
    • 69 14 Robuito 20/25% FOB NSW 505 00 Nutmeg 110 FOB NSW 496.00 E4W FOB NSW 438 00 Gombier FOB NSW 330 00 London Commodity Exchange doifllf (KH M M Nov 29 (US$/lo*f to**« ports, imltss otHtni C1F European me stated) Pepper (Sorowok) Foq. spot 5350 White foq, afloat 5350
      69 words
    • 125 14 MALAYSIAN crude palm oil prices yesterday closed slightly firmer on further covering and speculative buying interest, supported by talk that India may have purchased palm oil at its weekly impart tender on Friday. Dec deliveries in the south region firmed MJ7.50 to $742.50 per tonne and north $2.50
      125 words
    • 152 14 Reuter MALAYSIAN Primary Industries Minister Paul Leong has said Malaysia is considering taking action against advertisers and news media in the US and South Korea that have alleged that eating palm oil is unhealthy. He said: "We are studying statements made
      Reuter  -  152 words
    • 177 14 Yarn (In m$ per bote of 400 lb) China carded yarn, < cones Blue Phoenix 16'* 2,450 Blue Phoenix 20'» 2,600 Btue Phoenix 32'* 3,000 Bk»e Phoenix 4C* 3,300 Girded yarn, hank Bhie Phoenix 21'* 2,750 Combed yarn, cones Blue Pho«mx 32'* 4,250 Bhje Phoenix 40'* 4,450 Open-end yarn
      177 words
    • 153 14 Singapore '(SJ/kilo, •i-Qodown) Frogront new crop 1st 0 76 2nd 058 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-super 052 Special 050 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled Rice 5%
      153 words
    • 14 14 KL TIN Oowo prices on D«c 2 (M$/k 9 Rpice Turnover (tonnes) Suspended Suspended
      14 words
    • 274 14 RAS prices m S cwtt/kf, F08 b «4«i NOON CLOSE krvt 1 RSS Prompt 151.00 152.00N 150.50 151 50N Int 1 RSS Jon 86 153 25 153.75 152.50 152 75 Int 1 RSS Feb 86 154 25 154 75 153.50 154.00 In* 2 RSS O P 148
      274 words
    • 89 14 (cMtt/kg, 1-ton poM t,) JAN 86 FEB 87 (curron it month) (forword month) NOON NOON RAS jjlUn leyen S«Man SSR 20 148.50 150.50N 149.50 151.50N SSR SO 146 50 148.50N 147.50 149.50N MRELB ■wyw* jtMtn SMR CV 206.00 210.00N 209 00 211. OON SMR L 206.00 2I0.00N
      89 words
    • 903 14 COFFEE MIDDAY ROBUSTA futures were yesterday below morning highs but still £30 to £41 a tonne above Friday's close on continued concern over drought damage to the Brazilian crop. Prices were up to £19 off the highs after prof-it-taking reduced earlier gains made despite sterling's firmness. The market
      903 words
  • Page 14 Advertisements

  • STOCK MARKET
    • 4165 15  -  By AMY CHEOK IT WAS WORK as usual for the stockbroking community yesterday In spite of the suspension in pii share trading imposed by the Stock Exchange of Singapore. A similar decision was taken by the Kuala Lumpur Stock Exchange minutes before
      4,165 words
    • 363 15 Reuter AN INDEFINITE SUSPENSION of trading on the Kuala Lumpur Stock Exchange (KLSE) has undermined government efforts to revive the market. Stockbrokers in Kuala Lumpur said yesterday that the suspension also placed in Jeopardy the listing of shares of the national airline, Malaysian
      Reuter  -  363 words
    • 662 15 Reuter THE OPENING of the Tokyo Stock Exchange to six foreign companies as members will make the market a more international arena. However, brokers said no one was predicting that the foreign companies would turn a profit quickly as a result of
      Reuter  -  662 words
    • 621 15 NYT EVERYONE LOVES to pick winners in the stock market, but professionals like average investors can go wrong. The smart investors learn to profit by this experience, turning lemons into lemonade, so to speak. The LTX Corp is a company that Fredric Russell,
      NYT  -  621 words

  • COMPANY NEWS
    • 404 16 Stake taken up by co-shareholder THE FAILED Overseas Trust Rank of Hongkong has sold its half share in the Merlin Hotel in Perth to co-shareholder, Perth businessman Stan Perron. Mr Perron bought out the 50 per cent holding from the Hongkong company,
      404 words
    • 378 16 Caledonian far east Air(CFEA), a fully-owned 'Hongkong subsidiary of British Caledonian (BCAL), has in a surprise move withdrawn its applications to run 24 scheduled routes out of the colony. The CFEA move paves the way for its competitor, the fledgling Dragonair, to become Hongkong's second airline after
      378 words
    • 335 16 Reuter INVESTORS in most of the world's major equity markets face continuing profit growth, predictable inflation, lower interest rates and increasing liquidity in 1986, American Express Bank Ltd said. In the bank's latest review, Chilton Thomson of American Express Asset Management
      Reuter  -  335 words
    • 243 16 Bernama BANDAR RAYA Development Bhd has plans (or a large-scale commercial development which is expected to change the skyline of Kuala Lumpur quite dramatically. The group is preparing a massive launch soon, according to its executive director, Senator Kee Yong Wee. He said this yesterday
      Bernama  -  243 words
    • 315 16 Reuter ARGYLL GROUP PLC is making an offer for the Distillers Co PLC, equivalent to 513p per Distillers' share, valuing the company at £1.86 billion. The offer is on the basis of eight Argyll ordinary shares, 10 new Argyll convertible preference shares and £1150 in
      Reuter  -  315 words
    • 97 16 Reuter UNILEVER PLC said yesterday that it had no comment to make regarding a weekend press report that it was considering a £3 billion takeover of Beecham Group PLC. "We don't comment on rumour or speculation," said a spokesman Mike Haines. The Observer newspaper said on
      Reuter  -  97 words
    • 157 16 KULIM Malaysia Bhd has entered into an agreement to sell Mount Irvine Bay Hotel Ltd, its loss-ridden subsidiary incorporated in Trinidad and Tobago. The entire capital of Mount Irvine of 4.5 million share of TTHeach is to be sold to Yorke Structure Ltd for
      157 words
    • 198 16 Monomers' prices MARA-Bumiputrs for D*c 3 First B'putro dosed Second B'putro dosed Singapore Unit Trust The Commerce closed pie Sovmgs Fund doted Thvd B'putro Fourth B'putro Frfth B'putro Sixth B putt a Seventh B'putro (A) dosed dosed dosed dosed S pore Prcxj Fund dosed S'pore Sec Fund dosed
      198 words
    • 99 16 HONGKONG Friday 1462.6 Week ago 1465.5 Hong Seng Index Monday !S?i"2 Friday ,7 I 69 5 NEW YORK Week 090 1736.49 Dow Jones Friday 1472.13 TOKYO Thursday dosed Week ogo 1464.33 Nikkei Averoge Monday '*****2 Saturday *****.53 Week ago ***** 39 Stondord Poors Friday '202 17 Thursday dosed
      99 words
    • 211 16 Reuter IMPERIAL GROUP PLC is making an agreed offer for United Biscuits (Holdings) PLC, valuing the latter at £1.32 todlion. The offer is on the basis of five Imperial shares for every four United Biscuits's shares. The two companies said last week they
      Reuter  -  211 words
    • 818 16 Currant Ex. Books Dete Totel for Total for peywt dot* d0M Hm reer lost rear A N 13%l Aug 19 NYA NYA 13% 26% AISB 10%<b) DM 11 Dm 21 Dm 28 10% 10%(a) A Enterprises )0%l Nov 12 Nov 22 Dm 10 10% 18 9%(a) Amol Stool
      818 words
    • 598 17 THE FAMILY of the late Mr Ko Teck Kin, a prominent Singaporean businessman and politician of the *****, is to emerge as substantial shareholders of Ka Wah Bank Ltd, a smallish Hongkong-based bank which is currently planning a capital reconstruction scheme. The
      598 words
    • 386 17 HEAVY start-up costs in its overseas hotel subsidiaries dragged the overall group result of Faber Merlin Bhd down by 75 per cent to M 56.4 million for the year ended June 30, 1965. The depressed Malaysian hotel industry did not help matters either.
      386 words
    • 483 17  -  The McKinsey report By NAJEEB JARHOM BOTH KEPPEL SHIPYARD and Sembawang Shipyard have rejected a merger of their shiprepair businesses recommended by leading American management consultant, McKinsey A Co in its just-published report. After a half-year study on the future of Singapore's shiprepair industry,
      483 words
    • 37 17 THE FOREIGN INVESTMENT Committee has approved Batu Kawan Bhd's sale of 2.75 million shares in Duff Development Bhd. DATUK HJ ISMAIL BIN HJ ALI has resigned as director of SPK-Sentosa Corporation Bhd with immediate effect.
      37 words
    • 598 17 THE Malaysian Capital Issues Committee's approval of the share swap between United Overseas Land Ltd (UOL) and Malayan United Manufacturing Bhd (MUMB) has raised the question of whether the new MUMB shares will be listed on the KLSE sooner, rather than later. This is pertinent
      598 words
    • 861 17 INDUSTRIALS Nov 29 Pence AKed-Lyons 303 2 Am Dome* BTR PLC 373 -2 Bobcocks 190 unch Barcloys 452 5 Beechom 321 5 acc 252 5 Blue Orel* 578 -3 BOC Group 322 +2 Boors 266 3 Bowoter 328 -3 BATS 281 10 Brrtonmo 147 -1 BP 570 -3
      861 words
  • Page 16 Advertisements
    • 320 16 NOTICES la the Matter af The Cms pulea Act, Cap 185 Aad Ia the Matter «f HOLBC FAB BAST PTE LTD (la Vstaatary UqaMattea) Members' Vsiaatary WladiagUp At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 20 Kramat Lane #03-018 United House
      320 words
    • 299 16 COMPANIES ACT, CAP. 186 AND PTE. LTD. (la Members' Vsiaatary UqafaUOaa) Special InMh At an Extraordinary General Meeting of the members of Cheng Chong Enterprise Pte. Ltd. duly convened and held at 111 North Bridge Road, #12-05 Peninsula Plaza, Singapore 0617 on 29th November 1865 the following Special Resolutions were
      299 words
    • 331 16 IN THE MATTES OP THE COMPANIES ACT, CAP. ltt (Efevtoed) AND IN THE MATTES OP LAY ft <INCORPORATED IN THE REPUBLIC OP SINGAPORE) a'i mL J i >C'lj r lj ill PURSUANT TO SECTION 2M(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and
      331 words
    • 279 16 la the Matter M tke Cempealee Act. (*p m Ami la tke Matter •< PONG LEE TRANSPORT PTE LTD PONG LEE TBANBPOBT PTE LTD (laearperated ia tke RepaMle M (la Menken* Vetaatary At an Extraordinary General Meeting of the abovenamed company duly convened and held at No 8 sth Lokyang
      279 words
    • 281 16 la Ike Matter «f ttw CMapaate* Act, Cay lM AND la Ike Matter d BTOP A PLAT INDUSTRIES PTE LTD STOP PLAT INDUSTRIES PTE LTD (laetrptrtM la Ike BepaMle «t (la Member*' VeiaaUry I l^iHiHia) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 87
      281 words
    • 5 16 PLAY GOLF THE SEVVY WW
      5 words

  • Page 17 Advertisements
    • 876 17 *'»C CO* COMMONWEALTH BANK OF AUSTRALIA AND SUBSIDIARIES Annual Report for the Year Ended 30th 1985 Consolidated Balance Sheet as at 30 June 1985 Consolidated Profit and Appropriations for year ended 30 June 1985 Assets Notes, coin/bullion and cash at bankers Loans to authorised dealers in the Australian short-term money
      876 words

  • 409 18  -  Contracts with Malaysia and China expected By BRIAN GOMEZ SINGAPORE is expected to sign two major energy deals later this month, one with Malaysia and the other with China. A contract for the supply from Malaysia of 150 million cubic feet daily of natural
    409 words
  • 252 18 AN ASEAN SUMMIT is likely to take place within the next 18 months and will "almost certainly" focus on increased economic cooperation, says the chairman of the Petroleum Authority of Thailand, Dr Chaovana Nasylvanta. Dr Nasylvanta's comment, at the third Ascope
    252 words
  • 316 18 Reuter KUWAITI Finance Minister Jassem Khorafi has proposed plans for the state to buy out the shares of dozens of Kuwaiti and Gulf shareholding companies, winding up many and merging others to help them survive. In a report which has been referred to Parliament
    Reuter  -  316 words
  • 204 18 Reuter THE BRITISH government and the Church of England headed into a major clash yesterday over a church report charging that many of the government's economic policies were dogmatic, inflexible and unjust. The 400-page report on urban conditions called for higher government spending in
    Reuter  -  204 words
  • 76 18 THE BRITISH government remains fully committed to meeting its own share of any commitments of International Tin Council member countries and is still seeking similar assurances from other ITC members, a statement by Trade Minister Leon Brittan said. Referring to his statement on the world tin
    76 words
  • 326 18 NEW COMPLICATIONS have surfaced in Singapore's complaints over unfair tax treatment on foodstuffs imported into Malaysia. It now appears that the arguments between the two countries were solved last week when Malaysia agreed to re-im-pose taxes on 13 types of
    326 words
  • 255 18 A RULE banning new staff from joining unions has been reversed by the retail chain, Oriental Market Holdings. The change in policy was an immediate response to protests from the National Trades Union Congress (NTUC) which had called the practice a "blatant
    255 words
  • 94 18 Reuter COMEX GOLD FUTURES lost more than US$2.OO per ounce yesterday morning on disappointed selling after the market failed to hold early gains which were generated by a weak dollar. Gold for February delivery was off $2.10 at $325.20 an ounce. Analysts said the fall ac-
    Reuter  -  94 words
  • 71 18 Reuter THE NEW YORK stock market slipped lower in early trading yesterday amid signs that an advance that had spanned 10 weeks was running out of steam. The Dow Jones Industrial Average was off two points t*****. Declines led advances by an eight-seven margin on turnover of
    Reuter  -  71 words
  • LATE FILE
    • 38 18 Reuter EAST GERMAN Defence Minister, General Heinz Hoffmann, 75, died of acute heart failure yesterday as Warsaw Pact defence ministers were due to meet in East Berlin to discuss last month's Soviet-US Summit.
      Reuter  -  38 words
    • 42 18 Reuter SECRET DESIGN plans for a yacht to represent Britain in the America's Cup race were illegally offered for sale to the New York Yacht Club, British organisers said yesterday. The club declined the offer. Reuter
      Reuter  -  42 words
    • 44 18 UPI DESPITE five months in a Chinese jail, American businessman Richard Ondrik said yesterday he bore no grudges for his conviction and imprisonment and plans to return to China to visit his jailers. He arrived in Hongkong yesterday. UPI
      UPI  -  44 words
    • 27 18 AFP INDIAN Premier Rajiv Gandhi has blamed the Akali Dal state government's "softening attitude" to Sikh extremists for continuing violence in Punjab. AFP
      AFP  -  27 words
    • 39 18 AP MORE THAN 100 Indians were arrested and security was tightened at Union Carbide plants in Bhopal to prevent violence during protests one year after a gas leak killed more than 2,000 people. AP
      AP  -  39 words
    • 27 18 AP THAILAND yesterday accused Vietnam of having planted thousands of Sovietmade booby traps in Thai territory along the ThaiCambodian border. AP
      AP  -  27 words
  • Page 18 Advertisements
    • 113 18 3rd EXHIBITION AND CONFERENCE SINGAPORE CHANGI AIRPORT. 15-18 JANUARY 1986. Glide along to Asia's largest air^snow. This year's premier aviation event will focus on all major aspeefs of the aerospace and aircraft-rejafed industry. A total of 600 exhibitors from all over the world. In a total of 20,000 sqm indoors.
      113 words
    • 126 18 ■5* Export Credit Insurance Corporation of Singapore Ltd. TO ALL COMPANIES IN SINGAPORE A new range of services is now available at the Export Credit Insurance Corporation of Singapore Ltd to enable local companies to obtain both insurance and financing. The Corporation, which to date has been engaged only in
      126 words
  • Page 18 Miscellaneous
    • 54 18 sjaaHiasa Outlook for today: Showers over several areas in the afternoon. Report for 24 hours prior to 7 30pm on Dec 2 at the airport: Maximum temperature 31.5 Associated humidity 66 Minimum temperature 24.0 Associated humidity 96 Hours of sunshine 7.15 Roinfall in millimetres 0.3 Rainfall this month 0.3 Rainy
      54 words

  • SHIPPING TIMES
    • 318 19  -  Conversion project on Soviet vessel just completed By LINDA CHEE THE PAST few months have been a welcome respite for Keppel Shipyard, which has been busy fulfilling several sizeable contracts for overseas customers. The yard has just completed a Ss2 million conversion project on a
      318 words
    • 236 19 LIBERIA will join the ranks of the world's shipbreaking nations when it scraps its first vessel within the next two months. The first ship to be beached and scrapped will probably be a 50,000-dwt to 60,000-dwt bulk carrier, although Liberia has water deep
      236 words
    • 206 19 Reuter THE Achille Lauro, the Italian luxury cruise liner hijacked last month by Palestinian guerillas, is to get new owners, a spokesman for the Lauro shipping line said. He said a government committee had given the green light to a Greek-Ital-ian offer to
      Reuter  -  206 words
    • PORTSIDES
      • 76 19 AP SEVEN PEOPLE were killed and five injured in a shipyard fire on Koje island off the southern coast of South Korea, the Yonhap News Agency reported yesterday. The agency quoted unidentified witnesses as saying that the fire broke out late on Sunday when electrical
        AP  -  76 words
      • 86 19 PORT CANAVERAL in the US has reduced its dockage charge in a bid to attract vessels to the port for bunkers. From March 1 next year, vessels berthing at the port solely for bunkering will be charged US$O.O5 per grt, which is half the normal rate. Vessels
        86 words
      • 48 19 Reuter AUSTRALIA sees its 1986 exports of apples and pears slightly down from this year s 1.6 million cartons and 1.75 million cartons, respectively, according to a paper submitted at the 1985 Sanza Southern Hemisphere Apple and Pear Producers Conference in Argentina. Reuter
        Reuter  -  48 words
    • 1121 20 COAL chartering on the London shipping freights market ended the week on Friday on a fairly active note. From the Queensland export terminal of Hay Point, Utah fixed the World Pathfinder with 140,000 tonnes for Ymuiden at US$B.95 (fio) in December position and the Majesty with 60,000 tons
      1,121 words
    • 1236 20 FT IT WAS a shock powerful enough to shake even the most hardened and phlegmatic of shipowners and bankers. Used as they have become to collapses and near collapses in shipping, the problems of the Hongkong-based C H Tung group are some of
      FT  -  1,236 words
    • 691 20 AB Shpg V 5 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 A PC Lme V 4 APL III 2/3 ASCL III 1 Bolt-Canada Line VII 4/5 Bolt-Orient Lme VN 4/5 Bank Line V 5 B8S 1 4/5 Bayswater Shpg IV 2 Ben Lme
      691 words
    • 342 20 FT OIL AND GAS rig workers are less satisfied with their jobs than onshore blue collar workers in spite of higher pay, and they suffer much greater levels of anxiety. The stress almost certainly causes more accidents and the general health of
      FT  -  342 words
    • 218 21 THE SOVIET UNION has called on the five EEC countries planning to monitor Soviet rates and vessel movements to keep watch on non-communist independent operators with equal vigour. In a rare public statement relayed via Lloyd's List in London, the Baltic Shipping Co
      218 words
    • 326 21 Shipment from Norway begins this month A LUCRATIVE CONTRACT to ship 4.5 million tonnes of Swedish iron ore to Japan over the next four-and-a-half years has been finalised by a major Swedish trading group and Japan's K-Line. Lloyd's List reports that Kawasaki
      326 words
    • 271 21 HELPED ON by the wind and its rigid sail, the Yamakuni Maru, one of two Japanese-built sail-as-sisted ships traversing international waters, recorded fuel savings of 25 per cent on its maiden voyage. Officials of Y S Nearseas Line said yesterday that the 6,693-dwt vessel,
      271 words
    • 127 21 THE WORLDSCALE Association has given some advance warning of extensive changes in the next edition of the Worldscale Schedule of Tanker Freight Rates which reflect the reduction in bunker charges and changed port costs worldwide. Sea trade Week reports that the new schedule takes
      127 words
    • 168 21 AFP A WEST GERMAN-registered ship and its crew are under guard in the port of Tunis after trying to deliver 500 tonnes of coffee from Israel. Tunisia is bound by the Arab League's boycott of goods exported by Israel or transiting through
      AFP  -  168 words
    • 250 21 Fairplay A NEW PRODUCT being marketed in the US is a collapsible container which has the same dimensions and capacity as a standard ISO 20-foot unit, but which when empty can be folded down to one-quarter its size. Designed and built in Argentina,
      Fairplay  -  250 words
    • 190 21 THE MAJOR shipping consortia operating between the Far East/Europe, 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
      190 words
    • 116 21  -  Kingsley Wood THE NEW 7F.AT.ANn Shipping Corporation's Aus-tralia-New Zealand Container Line has started a service to Mexico Jointly with the country's national flag carrier, Transportacion Maritima Mexicana. Cargo will be transferred at Oakland from ANZCL's three ships in the trans-Pacific service to TMM
      116 words
    • 713 23 D«c 3-4 Ship fires in the 1980s, 0930 hours, Joint Institute of Marine engineers conference, Institute of Marine Engineers, 76 Mark Lane, London EC3. Dac 4-10 Marintec China '85, exhibition and conference, Shanghai, China (details: Lloyd's of London Press, 26-30 Artillery Lane, London El). D«c 5 Navigating with
      713 words
    • 6076 26 3®aBGX!EB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      6,076 words
    • 659 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Voy Arrival for LCL movement date/time Operator cargo schedule Location Thana Bhum 010 03.12 85 1800 Samudera F1 0800-0900 W2 Ned Houtman 424 03 12 85 1700 Ned-EAC F7 0800-0900/0800-0900 P2/S2 Wye Siang 2 03.12 85 1830
      659 words
    • 1677 27 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pt« Ltd Same (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShtppmgA genc.es (S) Multiport Sdn Bhd (PK)
      1,677 words
    • 324 28 A BUSY first few days offset the expected slack conditions towards the end of the week when US charterers were largely absent due to the Thanksgiving day holiday. Demand was sufficient to maintain, and in some cases, improve on recently firm rate levels. The same Taiwanese charterers who
      324 words
    • 837 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Ambon Auby Equator 3 Kim Soon Li Koto Wongi Ned Lmge N Dobrolyubov Str Venture Mendozo Ned Nagasaki Nho Trong 1 Nkkke. C'trol Qtnghecheng PASIR PANJANG Hosei Moru Al Sayestha Coltex 165 Gontong H-l Hover Lucky Pme
      837 words
  • Page 19 Advertisements
    • 1127 19 Monthly from Pitman Available at all good bookshops and newsagents w w Orjent Overseas GotUaUte* Line Agents: IMOK SWfW AGDCES (R«f* -S, 70 Shmton Way #04 03 *»mm Ho«* S»|apor» 0207 npi T«t ??***** THe. NO RS ***** JsJJjfi rij of fc( IPC #***** It* *****31 2770(3) WBBS £j^ TfC™
      1,127 words
    • 64 19 THE TUNG EPISODE was a shock powerful enough to shake even the most hardened and Dhleqmatic of shipowners and bankers. K Page II A CONTRACT to ship Swedish iron ore to Japan has been finolised by a major Swedish trading group ond Japan's K-Line. Page 111 Index to odvertisers II
      64 words
    • 1176 19 FESCO LINES IT FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA A CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE KEEP YOUR APPLES FRESH tacomato: FASTEST TRANSIT nHkm 23 Dm Voy S" pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA
      1,176 words

  • Page 20 Advertisements
    • 473 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Mother VSL YAMASHM M ZTELANDtA S KASHU M p arrow Vessel Vo» NED CLEMENT ¥16/' OASIS ALTAR *01/' TOHGO MARU HI/ TOR BAT *27/ J Also acceptn| cjrjo to Doha A Abu Dtufei Pacific North West Faadar at Kobe
      473 words
    • 266 20 HIE •SEES] Supercarrier Service M ROCWSTIR BARBER KCTOR N ROTTERDAM NEXT ARRNAIS BARBER TAMP* 15/1? BARBER TEXAS 7 I TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Aho accepting contn tor Houston (MLB). S Francisco Ooktond Stockton aid Son D*g« I Angeiev Ourtnton na Sawti TO: CARIBBEAN CENTRAL AMERICA
      266 words

  • Page 21 Advertisements
    • 1197 21 pnw The Straits Kflv Steamship Group Mansfield Container jjr Shipping Re Ltd occ Overseas Containers Limited O STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SHI* SERVICES TO/FROM BANGKOK S'PORE BKOK PEGASUS PRIX V4O6N In fort/04 Dec 06 07 Dec ft CASUS PSKX W4O7N 10-11 Dec 13-14
      1,197 words
    • 724 21 Franco Belgian Services F+r |d<. \<'rvi u*iK Bt ,-vi•* >\jr »n*i (MEMBER OF ACE CONSORTIUM! CON!AINE* SERVICE TO EUROPE KPTUW CUTSTAt KOREAN CHANCE SEVEN SEAS BRCGE CR lOKTO S PORE P RELAW It Harte Rim f Slow. Ham B"Hj«n Ant 4Ok 2 Occ) 23 Dec 24 Ok 27 Dk 2S
      724 words

  • Page 22 Advertisements
    • 457 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carria(e to Scandinavia, Med, Carribean &S. America Inland haulaje to inland destinations in Europe S pore PKetanjPenani leuoesßdbao Genoa Hbt*i Rdam Bha»en A'werp Peter Rickmers 6/12 J/12 11/12 J/1 7/1 20/1 14/1 11/1 11/1 Konfcar The this 20/12 22/12 16/1 24/1 IBN Tounus 9/1 11/1
      457 words
    • 267 22 m MS LINE tOM J J ULLY CONTAINERISEP SERVICE tOM EUROPE VIA SUEZ 1 A Member of the Ace Consortium NSNORLD BRIOGE 27E N* CONTAIN!" 321 PARIS 21 PKelint Spore HKortf Kj#sl»n| Buim Trtye (13 12) 10 12 14 12 15 12 18 12 23 1? (19/12) 17/12 21 12
      267 words
    • 381 22 Hai Sun Hup Co (Pte) 1 TEL *****06 (20 Lines) TLX R*****1 Ltd R*****2 ftt>: \STi:i{\ \H LINKU. I TD. INTERMARITIME LTD IML K Kiubjtu T«k 2215*0 Jakarta Tel: ***** REUNION/SOUTH AFRICA SERVICE Jakarta TH *****1 DIRECT MONTHLY SAILINGS KK KM TW Spere PJI Ren Dbn El PE CT 15/12
      381 words
    • 648 22 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE FEEDER VSI SGP MOTHER ¥51 UU 6ATMER It/12 EVER LOADMG 2/1 EVER GUDE 11/12 EVER LNMG 10/1 EVEK GOVERN X, 12 EVER LMKMG U/l EVER GLORY EVE* OFTED EVER LAUREL ever lyric
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    • 337 22 Vi US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES lMdn( tar B Abbas. B. KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKdant Lu*( for OCEANIA QUEEN 15/12 Lae, Orabay, P. Moresby, Kieta, Rabaul, Honiara KYOWA COSMOS 18/1 P. Moresby. Lae. Honiara.
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  • Page 23 Advertisements
    • 427 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/RED SEA SERVICES VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA AGUNG E-593 29-30/11 4-8/12 TAMATAVE, JEDDAH, PT SUDAN, AOABA KOTA TIMUR E-595 8-9/12 14-18/12 TAMATAVE, MOGADISCIO, D'SALAAM, MOMBASA, DURBAN KOTA WMAYA E-599 22-23/12 28-31/12 ADEN. HODEIDAH,
      427 words
    • 140 23 IBaggMSSsB h n »is »a CHMA NATIONAL FOREIGN TRADE TRANSPORTATION CORP BCIJMG Europe Timber/Plywood Service K.KinabaluT|. Mani S pore P.KeUn(Loadn{ for GREAT CHEER Safed Saied Saied Saied Sete/Rot Ant/Hbc HUANGPU CAREER 6/12 In Port 12/12 15/12 Nantes/Rot Ant/Bre Sinfapore: Eastern Maritime Kola Knabaki; Trampac Lines Tanjonf Mani: Kiduronf A(ensi Penanj
      140 words
    • 762 23 BLC BENZINE CONTAINERS EXPRESS CONTAINER SERVICE FROM UK/CONTI Hongkong EipressSaied Benalder Sided City ol [dnburfti Sited Kitino Miru Sited Himburg Eipress 11/12 Osaka Bit 11/12 Kisuga Mjiu 21/12 Bena«on 4/1 Hongkong Eipress 11/1 B'HAVENRDAM Sited Sited Sited Sited Sited Sited Sited Sited 13/12 14/12 20/12 21/12 30/12 31/12 1/1 1/1
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    • 502 23 0& DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM SPORE COWTiUNER SERVI BWSAN YOKOHAMA KOH KAOHSUK HK GO*A *20 MB 22 23/11 25 20/11 27/11 1 2/12 3/12 ki k\. n m tiff.' .fA f.y^.i.ir':/.WiTt. i f.'; a a H'jTw KPTUNE cmwt I 30 1? I lt/2/K 23/2/00 *E ARE
      502 words
    • 709 23 BOUSTEAD SHIPPING AGENCIES m Lashio V 52 Pa-an VB9W Patau V93W BURMA FIVE STAR (Burmese National Line) Loading for Ranfoon Spore P.Ketan( Pi 6/7 Dec 12/14 Dec 9/11 Dec BANK LINE MEADOWBANK IVYBANK SPORE R'DAM 18 Dec 13 Jon 20 Jan 15 Feb HULL HMBG 21 Jan 17 Jan 25
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  • Page 24 Advertisements
    • 1336 24 ECUADOR/PERU/CHILE FEEDER VSI MOTKR VSI SPORE hOHORf BRIDGE VSO CONCORDIA SUN V7?03 2 Dec CENTRAL AMERICA/CARIBBEAN SEA K LINE KAWASAKI KISEN KAISHA. LTD. SPORE NAGOYA GUAYAQUR CAILAO ARICA 7 Dec 24 Dec 21 lan Feb igugui AfAGASIA S ANIOCBO VALPARAISO 5 Feb 6 Feb 7 Feb frt FttDtß VSI )OHO«t
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    • 646 24 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container# Smgapuie PMang Ppfljnt lulling loi AURIGA 5 Dec 4 Dm Ma*as B desh Makta Calcutta CAIABAR 71 Dec 20 Dk Ma<» as Bdesh Hakfca Calcutta RAMDAS lan Colombo Bombay AURIGA flan Madras B desh HaMa Calcutta RAMDAS 10 lan Ma+as B desh Hahta
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    • 536 24 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD *«»n| lunt Bank BuMni 60 Ctti St««t SMGM>Om 0104 HI ?21i7«0 (MS) P KManj 03 317M1 Pnuoj 04 Paw Gudwt «|fnt OMNT ttOTO (Ml SON BHD TEI 07 *****0 1 STRAITS/PERSIAN GULF SERVICE: GOIDEN NAWN Colombo Bahfi.o GOIKN HM i olomtK fcataih' Dubai
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    • 298 24 INTRASEA (PTE) LTD 10 Anson Road »2 7 16 Inlernalionn 1 Plaza Singapore 0207 Tel *****1 1 Lmesi VMAtia-UV* o BREAKBULK SERVICE TO EUROPE/UK JE GESURI LLOYD BULK SERVICE BOOKING AGENTS: BULK MARINE P L: 22-22-290 LLOYD BRASILEIRO LINE (BRAfILIAN NATIONAL UNE) SPORE CBO DSN BAMS MWEO SIS MO HIT
      298 words

  • Page 25 Advertisements
    • 1256 25 NOL NEPTUNE ORIENT LINES LTD Agent* pair NEPTUNE AGENCIS PTE LTD let No othce Termmal CFS BOOKRICS ***** V KEU AUSI TP* Sl* *****77 *****22 *****53 OK DIRECT LR«S *****53 *****42 I Bjhiu HARPER MM SON BHD *****0 P Mar* HARPER WRA SON BK) *****1 *****8 p la,a HARPER WRA
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    • 612 25 DO*am HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON No 9 Oonan MIX No I Daunt MM* No 6 Don No 7 Donjm SION No 9 Donjm SO9N No I Donjm MOW No i Donjm bION »UN!\ NJPlllf# AGJNCKS Plf I ID Tel ?7*99/7
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    • 942 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUN.DMG 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telex Numbers RS 213*0 RS ***** RS ***** P. KUANS PENANG M/S SHNMUT MN SOON SON M. IST ANO 2ND FLOOR. MESSRS MM THONG SHTPMG 127 Penary
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    • 116 25 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. SomarMt Road. #06-01. Ng T»ow Yh#« Bldg S por» 0923 T«l 235 8444 (4 lln*8) Port |,{j p rj S»*pp»i{ Sitn Bh<l I»l 03 !J90?4 b Pfrjn| t I r irtpnr t ltd If' 6 789 637?*> (judjnf Sdn
      116 words

  • Page 26 Advertisements
    • 697 26 V Kc«|i«nal Container IJiws SPORE AGENT: BANGKOK AGENT: SONGKLA AGENT: PORT KELANG AGENT: PENANG AGENT: SWGAPORE SMPPWG CORPN LRITED MARKETMG TEL: 2256*61 NGOW HOCK CO LTD TEL: 286-1969, 286-1837 SONGKLA NGOW HOCK CO LTD TEL: *****4 FARYS MARITtE SERVICES SON BW) MARKETMG TEL: *****3. *****1 DASWAN SON BM> MARKETMG TEL:
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  • Page 26 Miscellaneous
    • 172 26 fi Weather /5 r* V m A 1 %rf|f jQ 0 K f4 I ti L 5 jti *T V <*. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c O w Wind direction with speed in knots Wove height LEGENO: R Thunderstorm T *Tea t t!Te' C
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  • Page 27 Advertisements
    • 109 27 use MEMOES K UMPW P ROME f GUDMG 1 BAHMtU LfOSHT STORE *****M/*****56/*****48/*****93 *****1/4 TERMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22S8M/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 10 EUROPE FEEDER 1 M33EHMEO M.SO ACCEFTMG FOR: OTn ttot !/Si l !S^!L l !L!!!E!P' 0510 C Go T0 ws KOREA DRtCT p. KELAMG STR AITS/TAIWAN/JAP
      109 words
    • 45 27 COLUMBUS LINE REEDEREI GMBH EXPRESS SfMl CONTAINER SERVICE TO HUH ROTTERDAM HAMBURG SPORE RDM HBG HULL MV TOANA PAPUA ¥4 Saied 24/12 21/12 30/12 MV MEADOW BANK VS 18/12 13/1 17/1 21/1 A.-"' SEAIION SHIPPING (S) PTE LTD Sv/jpotf SAIfS BOOKINGS TH ??0i6«l (8 hnfsi
      45 words
    • 222 27 LICOIINE REGULAR BEW-COWTAWFR SEAUON SHPPMG (S) PTE LTD. SMGAPORE SALES/BOOK HGS TEL *****51 (I LIB) I Cg TO RAWQLA-OOH/EdA/SRI LAWK A/P AKIBTAW CALCUTTA I MAMAS I COLOMBO I BOMBAY I KARACHI I M/V ARMAGNAC V ***** M/V CGM VAR VILS6 M/V CGM VELAY V2IS6 Scan Dutch 9 TO EUROPE (MEDITERRANEAN-UK-NORTH
      222 words

  • Page 28 Advertisements
    • 319 28 Mr Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S v-^NO^j EAST AFRICA ALTIS ALTAI MARU ASTRA PEAK 5 Dec Mombasa. Daressalaam Tamatave. Beira 17 Dec Mombasa. Daressalaam 23 Dec Port Louis. Reunion WEST AFRICA EARNEST VENTURE 19 Dec P Noire. Abidjan. Apapa. Tema aUZITIL'JJ iMTJUOea SOUTH AFRICA Sa. VAAL 12 Dec
      319 words