The Business Times, 11 December 1985
1985-12-11
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The Business Times
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Title Section12 1985-12-11 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, DECEMBER 11, 1985 75 CENTS12 words
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282 1985-12-11 1 AFP, Bernama MALAYSIAN Prime Minister Mahathir Mohamad is facing growing pressure to make public the findings of a committee that investigated Malaysia's biggest bank scandal. The scandal involved the loaning of about M 52.5 billion by state-owned Bank Bumiputra to property speculatorsAFP,; Bernama - 282 words
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Article48 1985-12-11 1 Reuter SEVENTEEN MEMBERS of Taiwan's parliament have appealed to state-owned companies not to cut staff and create unemployment. In a petition to the government yesterday, they said layoffs by state companies had affected economic confidence in Taiwan and might spread to the private sector. ReuterReuter - 48 words
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Article563 1985-12-11 1 NAJEEB JARHOM - !MnfJuCTHICj Plan expected to be extended to Sigma and GIH By NAJEEB JARHOM A MASSIVE PLAN being put together in Kuala Lumpur by a group of wealthy Chinese businessmen to bail out beleaguered businessman Tan Koon Swan is expected to be extended to Sin-gapore-based Sigma563 words
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Article264 1985-12-11 1 TWO FAMILY MEMBERS behind the defunct Mohan's Department Store have been declared bankrupt. Mr Mohandas K Melvani and his wife, Kamal Melvani, who were both at the helm of Mohan's and a few smaller related companies, were declared bankrupt by the High Court last month. Mr264 words
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Article126 1985-12-11 1 AFP CORAZON AQUINO, the widow of slain Filipino opposition leader Benigno Aquino, says that being surrounded by men during her bid for the presidency of the Philippines has made her realise she must be "more forceful". Mrs Aquino, in an interview published yesterday in theAFP - 126 words
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312 1985-12-11 1 LUCY NG - By LUCY NG FOUR TRADE UNIONS have made a plea to the relevant authorities to safeguard the interests of workers in three Pan-El subsidiaries. The unions represent workers from Selco (Singapore) Pte Ltd, Selco Shipyard (Pte) Ltd and Climate Engineering. Selco is involved mainly in312 words
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Article, Illustration100 1985-12-11 1 SHARE PRICES en the Singapore stock market eased yesterday as Investors decided to take prsftt sa stocks which they had height at very lew prices last Thursday when the lscal market experienced Its biggest one-day fall. The BT Composite Index lost t.TI points to 565.41 and the Straits100 words
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339 1985-12-11 1 JAPAN'S galloping trade surplus with the US has shown no sign of slowing down in spite of measures to open up the Japanese market and depress the value of the dollar. In a preliminary report released yesterday, the Japanese Finance Ministry said the country's339 words
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113 1985-12-11 1 Reuter THE HEAD of a Congressional trade subcommittee has accused Japan of permitting millions of dollars of South Korean textiles to be funnelled through its ports for illegal transshipment to the US. Georgia Democrat Doug Barnard said in a letter to US Trade RepresentativeReuter - 113 words
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Article, Illustration436 1985-12-11 1 MR L J HOLLOWAY, one of the region's most respected figures in the newspaper industry, has resigned as a director and the chief executive officer of Singapore Press Holdings Ltd. In an announcement yesterday, SPH said Mr Holloway, 56, resigned for health reasons436 words
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Page 1 Advertisements
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Advertisement115 1985-12-11 1 HITACHI Facsimile Machine TACNo33I44F*» ypyrgrm P t E ito Tei; 743-5555 AMI Account Overseas Union Bank offers you Ml Account, the unique fixed deposit scheme. Unlike normal fixed deposits, Ml Account pays you interest every month. This way, the interest you earn works out to be effectively higher. If you115 words
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Advertisement261 1985-12-11 1 New Pan-El rescue plan likely to be signed today, Page 15 Too early to gauge response o! other minority sharaholders, Page 15 mm t OUR VIEW MERLION WEEK IS NOW UNDERWAY o whole week of festive celebration and gaiety to toast the Merlion, Singapore's symbol of tourism. But December is261 words
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Advertisement153 1985-12-11 1 Full report, Pag* 13 Int'l stocks, Pag* 10 Asian stocks, Paga 11 SHARP ZX-410 electronic typewriter can be linked to your personal computer for letter quality printing! ZX-410 Of course the ZX-410's primary function is still an efficient, sophisticated electronic typewriter that simplifies your typing and improves company document appearance.153 words
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Advertisement30 1985-12-11 1 Savings Accounts Current Accounts Term Deposits VD ft FOUR SEAS COMMUNICATIONS BANK ITO o» the OCBC Grout) Head Office '9 ?5 Cecil S" Hotloway prooidod ov»r group's growth, Pago 1530 words
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HOME NEWS
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600 1985-12-11 2 LISA LEE - By LISA LEE MORE THAN 10,000 apartments and condominium units scheduled to be completed within the next four years have yet to find buyers. This is about 70 per cent of the 14,732 apartments projected to come into Singapore's private residential market by December600 words
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205 1985-12-11 2 THE HIGHEST BID for a sin-gle-storey house at an auction yesterday was below the reserve price but the auctioneer sold it anyway. About 60 people had to wait 20 minutes while discussions were held between the lawyers and bankers in charge of selling205 words
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Article344 1985-12-11 2 COMMITMENT TO advanced technology, technical self-suffi-ciency, training and development, staff motivation, and decentralisation of authority have contributed to high productivity in Singapore Airlines. Speaking at the National Productivity Board breakfast talk yesterday, Mr Lim Chin Beng, SlA's deputy chairman, said computerisation and automation had344 words
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Article, Illustration282 1985-12-11 2 SANYO ELECTRIC Co of Japan has introduced a cylindrical rechargeable nickel-cadmium battery which it says is the world's slimmest. Code-named N-120TA, the battery is 42mm long and its diameter measures 7.4 mm. The cylindrical battery is rechargeable in an hour and comes in six units. The battery can282 words
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373 1985-12-11 3 SHAHRIR ARIFF - By SHAHRIR ARIFF SINGAPORE'S marine industry can expect many business opportunities in India because of the seventh Five-Year Plan of India's Oil and Natural Gas Commission (ONGC). As part of the plan, India will have to shift from buying to chartering capital equipment in373 words
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434 1985-12-11 3 MORE THAN $5 billion worth of construction projects will be available in Brunei in the next five years and Singapore contractors will have a better chance of clinching jobs if they team up with Brunei companies. The projects arise from Brunei's434 words
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Article207 1985-12-11 3 ABOUT 40 senior customs officials from Asean will meet in Singapore today for a three-day customs and excise discussion. Mr K Sandrasegara, Singapore's director-gener-al of Customs Excise, will open the Ninth Meeting of the Asean Working Group on Customs Matters at the Royal Holiday Inn.207 words
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266 1985-12-11 3 CORPORATE LAWS are being drafted in China which will make business in the country easier. Company, bankruptcy and cooperative venture rules are being drawn up, said Mr Zeng Junwei, the general director of the China Global Law Office. "The Chinese Cooperative Venture Law266 words
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234 1985-12-11 3 AN AUSTRALIAN building materials company has spent $6 million to expand and automate its manufacturing operations in Singapore. John Lysaght Southeast Asia (SEA), a maker of steel building products such as roofing, walling and floor-decking items, recently moved into a new building on a 19,000234 words
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Article, Illustration452 1985-12-11 3 BOEY KIT YIN - By BOEY KIT YIN LOCAL ENGINEERING companies have gained a foothold in the West Asian market after a successful five-day show in Saudi Arabia last month. About $2 million worth of hardware was sold by six local companies when they took part in452 words
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Page 2 Advertisements
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Advertisement138 1985-12-11 2 K> 4 V Announcing the arrival of a bigger ana better business class. We don't have to tell you how popular our Marco Polo Business Class is. The fact that we've had to add seats says it all. But we wanted not just a bigger business class, but a better138 words
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Advertisement244 1985-12-11 2 Think about what you can get for your Christmas Gilts Hock Swee La—j is the only choice Come visit our sfcores for quality imported products The Bike for all reasons. More fun per mile than anything you can ride. Combines balloon tyres with modem road racing technology. 15 speed, great244 words
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Page 3 Advertisements
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Advertisement196 1985-12-11 3 Expand your sphere of influence .s vjj 'J V» V« <- *r «u~ J jr A 'Z\' y sn it Now with Bank of America your network can span over 75 countries, with superior technology and top level personal support. There's one bank that can offer you the world and196 words
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OVERSEAS
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Article, Illustration495 1985-12-11 4 US will not extend most-favoured-nation status UPI US COMMERCE SECRETARY Malcolm Baldrige said on Monday that Washington supported expanded trade with the Soviet Union but it would not remove restraints on exporting strategic goods or extend most-fa-voured-nation status. Mr Baldrige called onUPI - 495 words
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Article172 1985-12-11 4 AP THE US GOVERNMENT is owed U5564.6 billion in delinquent debts by individuals, businesses and foreign and domestic governments, according to a congressional report on Monday. The General Accounting Office study was requested by Representative John Kasich, a Republican from Ohio, who called theAP - 172 words
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440 1985-12-11 4 UPI PRESIDENT REAGAN spearheaded a final lobbying drive for tax overhaul on Monday, prodding House Republicans to vote for a Democratic bill or "doom our efforts to achieve real tax reform for the American people." The Republicans, most of whom oppose the measure draftedUPI - 440 words
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Article115 1985-12-11 4 AP THE US government is suffering from a steady erosion of talent at the top, and the system with which US presidents use to choose agency officials must be revised. "The presidential appointments system is in distress and it is getting worse," said Calvin Mackenzie, theAP - 115 words
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Article821 1985-12-11 4 DEPARTURES Opcrotoi S«mc« number Local tint* For KAL KE623 0025 KUL UTA UT3503 0125 BAH/CDG OA OA47I 0145 MEL/SYD SIA SQI02 0730 KUL PAA PA22/6 0600 HKG/TYO/LAX OA GA911 0800 PNK SIA SQ58 0815 HKG/TPE SIA SQ62 0815 BKK THAI TG402 0830 BKK SIA SQ104 0830 KUL821 words
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402 1985-12-11 5 Bernama MALAYSIA'S property market entered a period of consolidation with prices stable to slightly easier through the first half of this year. In its interim review on residential and commercial properties, the Malaysian Ministry of Finance attributed this to the recession,Bernama - 402 words
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180 1985-12-11 5 AP KUWAIT'S accumulated surplus petrodollars, mainly Invested outside the country, stood at 23.2 billion dinars. (US$Bl.2 billion) on June 30, 1985, according to the annual report of the Kuwait Audit Bureau. The report said that the figure represented an increase of 638AP - 180 words
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Article, Illustration70 1985-12-11 5 Reuter picture NO MAN, or woman, or doll It above the law. Thaaa Cabbage Patch dolls, soon with a policewoman In the charge dock of a Sydney police atation, wara "arrested" whan datactivaa awoopad down on a local market and charged their cellars withReuter picture - 70 words
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186 1985-12-11 5 Reuter ALL 200,000 Urdu-speaking Muslims stranded in Bangladesh since opposing its 1971 war of independence are to be resettled in Pakistan. Pakistani President Zia-Ul-Haq said on Monday the Muslims would all be moved to Pakistan as soon as transport was available. The Beharis, who originatedReuter - 186 words
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268 1985-12-11 5 AP BOTH THE US and the Soviet Union have made a major mistake in pushing industry rather than farming to develop poor countries, according to economist John Kenneth Galbraith on Monday. Galbralth, a Harvard University professor, was speaking at a symposium on nutrition inAP - 268 words
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189 1985-12-11 5 AFP THE US SENATE has voted to ban the export of American nuclear technology to China unless Beijing gives a prior undertaking to allow outside verification that it is being used only for peaceful purposes. The restriction to a nuclear accord signedAFP - 189 words
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334 1985-12-11 5 AFP DEPUTY US TREASURY Secretary David Mulford said he was disappointed with what he described as Japan's slow progress towards the liberalisation of financial and capital markets and the internationalisation of the Japanese yen. He said on Monday that commitments had been made toAFP - 334 words
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Page 4 Advertisements
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Advertisement347 1985-12-11 4 V v& l|| fj •T ■<2 a >r* '->■ T, •f ■W rf .4 I t .IMWW ~S-> •V I •^e > w V fc > Introducing the TI Business*Prol All the power a small business ever needs to grow. Any small business looking to grow tomorrow should take a347 words
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Advertisement11 1985-12-11 4 Rin Am Clipper Class. For The Price Of An Economy Ticket.11 words
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Page 5 Advertisements
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Advertisement103 1985-12-11 5 THE EQUATORIAL KUALA LUMPUR, A GREAT PLACE TO COME HOME TO FOR A GREAT DEAL LESS AT Enjoy the warm attentive service and the complete amenities we have for a great stay 300 superb rooms and Suites Talk of the town restaurants. The (halet (continental). The Kampachi (Japanese), The (.olden103 words
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Advertisement58 1985-12-11 5 CAMUS XO ELECTED THE BEST t The IrtmwtiawU Wine Spirit Ckropwtkw »WM ft GOLD AWARD t V. V fttktM&r fS m w «iwqw htfvmi ly THW STOCsRTiryikiltiwi*mAwiPdww mufti nflcr nnttyaw inri Ntnrl (mUm in full CameritoniMd mmmHmmwßhlh# fWHC Inde* A m (i r«i Hr*» 4»: C A /vi (J XO58 words
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Page 5 Miscellaneous
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Miscellaneous68 1985-12-11 5 Doonesbury sots SUPERFLY GOING TO hegavgmba *100 BILL JUST TV GBTR/POFME.HE PHtrrBVENHMT THdLOBW CHANGE. m (t 7k F i: THAT GUTS GOTUMRSP.. HE JUST STTS IN HIS APART MEHT WHILE AN ENPL6S& STREAM OF PEOPie BRING HIM LARGE AMOUNTSOF SH. fi r >m^ v < us BY GARRY TRUDEAU m68 words
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TRAINING & DEVELOPMENT
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Article431 1985-12-11 6 Seminars and Courses H i c EG Cahners Tel *****13 Exposition Tlx RS ***** Group Fax: *****66 DURATION TITLE Dec 16 Preparing Yourself for the China Market Dec 16-17 Labour-Management Relations and Collective Bargaining Dec 18 Employment Laws and Government Policies Dec 19 Performance Planning and Review Workshop431 words
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Article, Illustration748 1985-12-11 6 ANNA TEO - By ANNA TEO TRAINING in the year 2000 is going to take a no-nonsense approach, according to the president of Training House Inc, USA, Dr Scott Parry. The department that plans the company's training activities and dishes out the courses and programmes for748 words
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123 1985-12-11 6 DIGITAL EQUIPMENT Singapore is holding a tylf-day seminar on office automation at the Hyatt Regency today. The local subsidiary of the US-based Digital Equipment Corp one of the biggest computer manufacturers in the world has brought in two experts to speak to 110 DEC customers123 words
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563 1985-12-11 6 ZHOU MEI - By ZHOU MEI SOME 42,000 employees stand «3 benefit from the Skills Development Fund's determined pursuit of employers under its advanced training plans. These are employees who work for the 41 firms whose "total training plans" have been accepted by the563 words
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Page 6 Advertisements
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Advertisement257 1985-12-11 6 f, if, *v'i A.- 'x! rr >•' >.* s 'V 'f V•: v h t I 4 1 t 0 I 1 0(9 S/ mm For Good Grooming Good grooming advice.can only come from experts like Ermenegildo Zegna. Ermenegildo Zegna has a team of designers and fashion consultants to research257 words
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Advertisement114 1985-12-11 6 You'll always hear from us •I %>. J M 'I.! f a ii 11 va "We'll keep you informed". That's a promise often made but seldom kept. And usually happens after you've booked your cargo and when you enquire on its stat Scan Dutch has instant contact with all its114 words
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BANKING AND FINANCE
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Article803 1985-12-11 7 SINGAPORE STERLING yesterday fell in fairly moderate late trading on selling pressure with expectations of lower oil prices following Opec's decision to defend market share rather than oil prices dampening sentiment. It fell to a late U551.1440/50 from an early 1.4515/25 and New York's 1.4565/75 close. The US803 words
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Article, Illustration275 1985-12-11 7 Asian market ASIAN DOLLAR deposits yesterday closed steady at opening levels, which were little changed, after very quiet trading due to lack of interest. Overnight closed at 83/16 8-1/16 per cent, down 1/16 point from Monday, while Wednesday/Thursday and week-fixed held steady at BV4 BVfc per cent each with some275 words
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Article242 1985-12-11 7 Interbank rates at 3pm yesterday: Currvftdii NamM ratoa Si Offer ci mtthaonian roaa parity change Local dollars to on* unit of foreign currency US dolor 2.1280 2 1290 ***** •24 53 Sterling pound ***** ***** 7 3469 •5820 Austroban dollar 1 4502 1.4519 3 4286 •57 70 NZ242 words
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Article252 1985-12-11 7 HONGKONG: GOLD yesterday closed lower on continued concern over a possible fall in world oil prices and the stronger US dollar. The bullion price finished at U*****.05/35 an ounce after opening higher at 316.80/317.20 against New York's 316.30/50 close. On the local market, gold ended HK$36 lower at $2,951252 words
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Article389 1985-12-11 7 BA Futures ENCOURAGED by the Fed's addition of reserves through a coupon pass, the progress In the GrammRudman deficit reduction plan and Opec's news on possible cuts in oil prices, EifriiUir futures gapped up from Monday's close. After opening at 91.99 in the March contract, bullish sentiments yesterday sawBA Futures - 389 words
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Article65 1985-12-11 7 THE OVERNIGHT rate on the Singapore interbank money market fell by one point from Monday to close at 3 s per cent yesterday. The term rates rose by 1/16 point across-the-board. S$ Interbank rates at 3pm yesterday: Offer Bid Ov«fr»ght 3 5/8 3 1/2 1-month 5 3/8 565 words
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Article, Illustration372 1985-12-11 7 AMY BALAN - By AMY BALAN JAPANESE food and seasoning giant Ajinomoto is "very satisfied" with the first-year performance of its $100 million whollyowned investment subsidiary in Singapore. This was revealed by Mr Tadao Suzuki, Ajinomoto's executive vice-presi-dent, at the company's first presentation to bankers372 words
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Page 7 Advertisements
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Advertisement115 1985-12-11 7 v. i J' ii' >* mUiAIL The Wings of Paradise r) elax in the knowledge that when you J\. fly Air Lanka Business Plus, you fly in a class of your own. French champagne to welcome you aboard. Plus first class cuisine. Plus one from the aisle seating. Relax, with115 words
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FEATURES
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Article511 1985-12-11 8 YOU MAY NOT HAVE NOTICED, but Merlion Week is now underway. This is the week when it all happens, according to the Singapore Tourist Promotion Board brochures. A whole week of festive celebration and gaiety to toast the Merlion, Singapore's symbol of tourism. Merlion Week511 words
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Article, Illustration1301 1985-12-11 8 FLORENCE CHONG - High interest rates in Australia help spur private sector borrowings from abroad If Australia's foreign debt keeps growing at the current rate, by the end of the century, it would owe $800 billion. As it stands, the debt burden represents $17,250 for each Australian taxpayer.1,301 words
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Page 8 Advertisements
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Advertisement164 1985-12-11 8 How to make the economic recession more palatable. nrr 100,. s m**x Just because business hasn't been too good this year, there's no reason to keep drinking that awful stuff every day. You know. Your secretary puts a cup on your desk. A few minutes later you pick it up.164 words
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SPORTS
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Article, Illustration476 1985-12-11 9 WALTON MORAIS - All cast their sights on the PGA championship By WALTON MORAIS FOUR GOLFERS will be looking to the Singapore Professional Golfers' Association championship, which tees off at Sembawang today, for redemption. Singapore's No 1, Lim Kian Tiong, would love a chance to put476 words
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Article, Illustration456 1985-12-11 9 SWEDEN'S latest teenage tennis sensation, Stefan Edberg, is already on the brink of winning his first million dollars. The 19-year-old Swede earned US$lOO,OOO by winning the Australian Open title in Melbourne on Monday to add to his previous career earnings of $567,703.456 words
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151 1985-12-11 9 UPI AUSTRALIA'S seemingly endless summer of tennis tournaments moved to Sydney this week with the second tier of the world's top-rated men competing in the US$lOO,OOO New South Wales Open. Britain's John Lloyd emerged as a favourite of the event beingUPI - 151 words
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187 1985-12-11 9 They steal the hearts and win a few medals Reuter THEY SPENT more time struggling to keep upright or picking themselves off the floor than flying through the air with the greatest of ease. But seven-year-old Eileen Chai of Singapore and Roselyn Unson of the Philippines, aged eight, won theReuter - 187 words
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192 1985-12-11 9 Reuter PAKISTAN'S Qamar Zaman, one of the true artists of squash, vowed to reclaim his No 2 world ranking after beating Hiddy Jahan of Britain in the first round of the Al-Falaj grand prix tournament. Zaman, the world No 6,Reuter - 192 words
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Article273 1985-12-11 9 UPI PRINCE MOHAMMAD, who left Ghana because he did not want to be king, is a slight favourite to defeat J B Williamson and capture the World Boxing Council (WBC) light heavyweight crown. The 12-round bout for Michael Spinks's vacated title was scheduled toUPI - 273 words
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247 1985-12-11 9 AP THAILAND crushed its opponents in track and field, gymnastics and shooting competition yesterday, capturing 16 gold medals and surging to a commanding lead in the medals race at the 13th South-east Asian Games. Thai athletes set new Games records in theAP - 247 words
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Page 9 Miscellaneous
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Miscellaneous1099 1985-12-11 9 TO TO mm APPLAUSE Kiri And Friends 9.30 pm, Channel 12 Kiri Te Kenawa (right), the New Zealand soprano who delighted millions with her solo performance at Prince Charles's and Lady Diana's wedding in 1981 has her own special tonight. She is joined by several respected colleagues in a festive1,099 words
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Miscellaneous689 1985-12-11 9 mmmm CRYPTIC PUZZLE ACROSS 1 Natural outcome of waste processing (5) 6 Of which the cowboys managed half each? (5) 9 Her gift may be a plane (7) 10 Tenor or doctor getting fit, maybe (5) 11 When Sam changes £50, it's not much (5) 12 Prevents things being pulled689 words
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INTERNATIONAL STOCKS
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411 1985-12-11 10 Reuter WALL STREET analysts expect Union Carbide Corp to stage a strong fight against a takeover bid by GAF Corp, but they believe GAF will in the end seize control of the troubled chemical and plastics multinational. Union Carbide's stock rose 3*4 toReuter - 411 words
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Article107 1985-12-11 10 Reuter CATERPILLAR Tractor Co plans to spend in excess of U***** million during the next four to five years to modernise further its 21 manufacturing plants. The company said the improvements in automation would allow it to reduce its blue- and white-collar employment by 20 per cent inReuter - 107 words
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331 1985-12-11 10 Reuter HOPES FOR lower oil prices and shrinking budget deficits helped the New York stock market close at a record high on Monday, but just off the 1,500 level. The Dow Jones Industrial Average gained 20 points to a record 1,497, but aReuter - 331 words
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Article170 1985-12-11 10 D£C 09 Atxt** C$ 174 Imp Oil Inco Int Pro* Pipe 53 17% 43* -2 unch -H 1* unch 4 Int Uts 19% 4 Kerr Add 154 unch Argoen Hldqs 34'n Loblow B Massey Ferg 214 34 4 4 Bonk Nova Scotia 144 unch -4 -4 unch 4 4170 words
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Article229 1985-12-11 10 DEC 09 UnMC 610 >260 10 +10 MOUSTVIAU MININGS A Alpha 975 unch 5 inch irch 25 Anglos 3935 -30 Anglvool I3500R Bfyyoocs 1665 -85 Amoprop 3400 Buff eh 8125 -200 1350 -80 25 -10 unch 200 unch Charter 1050 C G Smith Corw GoW CNA 190 Com Murch229 words
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Article711 1985-12-11 10 DEC 09 US$ Alcon Akjmm Alcoa Alegheny Lod Abed Chem Cp Afced Stores Afcs-Chatmers Am Brands Inc Am Broodcost Am Con Co Am Cyonomd Am Elec Pw Am Express Am Home Prod Am Motors Cp Am Natural Gas Am Tel Tel Amax Inc Ameroda Hess AMF Inc Amr711 words
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Article873 1985-12-11 10 Amsterdam otc 0* Ffc ABN S31 00 -4 108 50 1 7 Ahold 75 30 -0 1 ***** -0 1 AMEV 79 90 06 96.00 inch Bob 476 00 1 Botkokt BL» Tat 121 50 *1 5 Uond 510 00 -5 Oak M, EImvmt 75 30 -88 7873 words
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Page 10 Advertisements
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Advertisement594 1985-12-11 10 ifcere to wiae, titoe aai mmwidia m ir.S> vi The sensational new Tonight at the Kaslxih. Sandy is Teresa Carpio's younger sister. And she's one dynamic ladv on stage. She adds even more puncn to the all-new entertainment lineup. There's WanChai from Hong Kong. The Snapshots. And disco wizard Victor594 words
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Advertisement229 1985-12-11 10 London stocks on Pngo 18 Cafe de Prince's L Lt 1 J delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10++ (child). ORpwn ®PRfMtE HOTEL lIMtrOM ■Imgrt bj rnmt noltfe Japt* Continuing the Prince Hotels tradition of friendly service 270229 words
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ASIAN STOCKS
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Article397 1985-12-11 11 HONGKONG: Share prices closed mostly firmer yesterday on late buying, after falling in the morning when operators adopted a cautious approach ahead of the arrival of Ji Pengfei, China's director of the Hongkong and Macau Office. Brokers noted overseas buying in the last 10 minutes led by a medium-sized397 words
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Article233 1985-12-11 11 DEC 10 Al Sincere Indus Asm Cement MT 2 15 22 50 28 70 009 unch Lien Hwo Indus Nan Yo Ptos Pocific Cons Pocrfic Elect W*e 13 25 29 50 15 20 1325 -0 15 0 1 X>3 -0 1 Chang Hwo Bonk 44 50 19 20 -0.1233 words
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Article399 1985-12-11 11 TOKYO: Share prices rose in moderate trading as the market reacted positively to Monday's record high close in New York and expectations of lower oil prices after Opec oil ministers agreed to defend their world market share. The market average gained 52.72 to 12,850.95 after rising 7.33 on Monday.399 words
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Article65 1985-12-11 11 DEC 10 Pevx Onentaf B PM«x B 0014 0 14 0001 0001 0 0095 unch PLOT 36 50 uocfri A Has Con B 10 0001 Bouc Petroleum Benguet Coo B CDCP 0 003 90 0 0006 unch San M>gu«t B Seotront 1650 0005 6 70 unch unch -08 165 words
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Article412 1985-12-11 11 SYDNEY: Australian stocks closed easier with gold and resources stocks leading the market down following falls in world bullion prices. At the close of trading the All Ordinaries Index fell 5.1 to 980.7, the All Industrials 1.7 to 1,450.2, the All Resources 7.3 to 618.5, and the Gold Index412 words
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Article71 1985-12-11 11 DEC 10 Won 759 (6 Hyurtdoi Const Hyundai Motof KAL 928 1715 582 +6 64 +22 723 23 770 16 Commercial Bk 779 610 27 26 Yukona 1613 412 -37 4 570 2 786 71 Dotwoo Ind 1179 590 29 15 Samsung Co 740 1160 unch -?n 860 2071 words
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181 1985-12-11 11 Reuter HONGKONG A Kowloon Wharf A Godown Co Ltd has reduced its net borrowings by about HKJIOO million since the end of March in spite of a $2.6 billion acquisition of Wheelock Marden A Co Ltd. The company said in its interim report thatReuter - 181 words
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337 1985-12-11 11 UPI A GOVERNMENT-APPOINTED panel has called (or a complete liberalisation of Japan's aviation industry, including the privatisation of the troubled flag carrier Japan Air Lines. The airline has been under fire since a JAL jumbo jet crashed in central Japan on Aug 12, killingUPI - 337 words
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327 1985-12-11 11 Reuter A LACK OF institutional funds in the Tokyo stock market has prompted investors to look for profits in the lesser-known, small capital companies listed on the exchange's volatile second section, according to brokers. "For the last two months the second section index hasReuter - 327 words
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161 1985-12-11 11 Reuter A JOINT VENTURE of Hongkong and Chinese interests plans a US$lOO-million luxury residential project for diplomats and businessmen in Shanghai, according to Ryoden Machinery Co Ltd, a participant in the project. The joint venture, Jinming Housing Development Co Ltd, plans to buildReuter - 161 words
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Page 11 Advertisements
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Advertisement659 1985-12-11 11 I*> ~4i&Lfrf:l9&3§£ xj&sk■ilfii. btmk-SliliJlilwSisßfcS I v.",V•<- 3*- -'.V' T*. K >P;W M,« W«!!f c* v i > —i t WW I Nw. CM «s 33 is /!=?> Vf;'* r-.T* I I? <?. ?^®HSSM &r mßf: M? < *-i$ Jf f ft s, seems, Contest 1985 Heats Nov 28. Dec 5659 words
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Advertisement154 1985-12-11 11 let's booze to the music// r j DIBECTf^I .ifpines ixAngp HotrecKorfMtftitooniimpowlM, thM popular all-girta, Six Angate Band, piay» and singa right into your haart. Bring* you into a world of pure entertainmant white you m drink away into the night r r s HAPPY HOURS: spm 7pm daily B.oopm 1154 words
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RAW MATERIALS
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Article154 1985-12-11 12 Chinese Produce Exchange (Sellers' noon doling prices on Dec 10 (SS/100 kg) Coconut oil Bulk. FOB 65 00 Old drurn FOB 7800 New drum FOB 82 00 Copra Mixed (loose) 33 buyers Pepper Muntok White FOB NLW 1090 00 Sarawak White FOB toq NLW 1080 00 Sarawak special154 words
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Article188 1985-12-11 12 THE MALAYSIAN crude palm oil market yesterday continued its uptrend to close at the day's highs on covering and speculative buying interest amid the current seasonal decline in production. Sentiment was further aided by a firmer Chicago soyoil futures close. Gains were limited by a reserve of sellers188 words
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Article147 1985-12-11 12 SOYBEAN FUTURES on Monday closed six cents a bushel higher to two cents lower in moderately active midsession trade on the Chicago Board of Trade, with distant months depressed. The January contract ended up 5-V* cents a bushel at US$5.l3 Vi. Most contracts were buoyed by talk of Brazil's147 words
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Article307 1985-12-11 12 SINGAPORE THE MARKET yesterday closed higher with January One RSS buyers quoted at 152.50 cents per kilo, up 1.50 cents from Monday. The morning session gained 1.50 cents on short covering with the Inro buffer stock manager's enquiries for RSS One January shipment in Malaysia aiding sentiment. Prices were307 words
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Article182 1985-12-11 12 WHEAT FUTURES on Monday extended losses in all months after midday and closed three US cents to V* cent per bushel lower in light activity on the Chicago Board of Trade Professional selling, mostly by C and D Commodities in March, pressured the thin market, traders said. They seemed182 words
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Article216 1985-12-11 12 Singapore (SS/kito, •x-^odown) Fragrant new crop 1st 0.74 2nd 056 3rd 0.56 New Crop 25% no stock 10% no stock Thai Broken A-super no stock Special 046 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled Rice 5%216 words
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Article14 1985-12-11 12 i KL TIN Price Turnover (tonnes) Closing p<ten on D«c 10 (M$/kg) Suspended Suspended14 words
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Article318 1985-12-11 12 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Seders Buyers Sellers Int 1 RSS Prompt 151.75 I52 75N 151.75 152 75N Int 1 RSS Jon 86 ***** 153 00 152 50 153 00 Int 1 RSS Feb 86 154 25 154 75 154 25318 words
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Article103 1985-12-11 12 (cents/kg 1-ton 86 FEB 86 (current month) (forword month) NOON NOON RAS Buyers Buyers Setters SSR 20 149 00 151 OON 149 50 151 50N SSR 50 147 00 I49 00N 147 50 149.50N MRELB Burets S|j||n Buyers Sellers SMR CV 207 50 209 50N 208 50103 words
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Article569 1985-12-11 12 COFFEE CONTINUED stoploss selling and light profit-taking in very light volume weighed on robusta coffee futures to midday yesterday, at down £17 to £28 a tonne from Monday night's close, despite weakness of sterling against the dollar. Early bear reaction to Monday night's mixed New York close took569 words
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Page 12 Advertisements
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Advertisement508 1985-12-11 12 M anagers ust anage BT shows you how every Monday. NCR unleashes high-speed productivity for upwardly mobile PC users New PC6/PCB up to 38% faster runs for your money If you're ready to move up from your entry-level personal computer, it's a sure bet that speed and performance characteristics are508 words
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SHARE INFORMATION
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Article, Illustration4362 1985-12-11 13 BOUTS OF intermittent profit-taking dragged some stocks downwards on the Singapore stock market yesterday. In contrast to the previous three sessions when marked gains or losses were registered, the BT Composite Index lost 2.77 points to 565.41 while the Straits Times Industrial Index4,362 words
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Article235 1985-12-11 13 SINGAPORE Rise* IndicM Woenwt 290 Porta Float 260 D 8 S 545 M 8r—arias 545 TOM 239 N S T 640 ICS 520 Shaaari-la 192 K I Kapong 182 Falls Kmt Elact 300 Mm Aica SOc 172 larjmitai 210 Cirtrtirg 434 Mmm FnmN> 144 20 20 15235 words
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Article3722 1985-12-11 13 BID and offer price* officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'.3,722 words
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Article74 1985-12-11 13 HONG LEONG CREDO 1 Hertad: 16th AGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Bandar ***** Kuala Lumpur, totto at noon. HONGKONG TIN Carparittia (Malaysia) Berkad: 2nd AGM at the Conference Room, 57-2 Jalan Bunt Bin tang, Kuala Lumpur tomorrow at noon. AMALGAMATED 8TEEL74 words
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COMPANY NEWS
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Article, Illustration466 1985-12-11 14 AMY CHEOK - By AMY CHEOK IN ITS FIRST MAJOR move to establish itself in China, Singapore Land has agreed to invest not more than U554.125 million over a three-year period in a joint venture company in Beijing. Singland, Singapore's largest listed property company, entered into an agreement on466 words
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Article542 1985-12-11 14 INVESTORS' nervousness caused share prices to fall across the board in listless trading at the Kuala stock market yesterday. Most counters ended with marginal to moderate losses. There were a few speculative stocks which were sharply lower. Even blue chips came under selling pressure and most542 words
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261 1985-12-11 14 ORIENTAL HOLDINGS BHD, the franchise holder (or Honda cars in Malaysia, is moving into the field of construction machinery as part of its efforts to widen further its operating ba&e. A new company, Oriental Construction Machinery Sdn Bhd (OCM), was recently formed on a261 words
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Article62 1985-12-11 14 PLESSEY CO PLC said its board, supported by its financial advisers, unanimously rejected the around £1.18 billion bid from General Electric Co PLC announced late on Monday. "The offer is unwelcome and palpably inadequate in form and substance," the statement added. The terms value Plessey shares62 words
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133 1985-12-11 14 CYCLE AND CARRIAGE Bintang's pre-tax profit slumped some 66 per cent to M 111.69 million (or the year ended Sep 30, 1965. The group's preliminary statement released yesterday shows turnover dropping by about a fifth to $258.% million, of which the group's133 words
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Article3059 1985-12-11 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. i nous ona» A Choc (2 85S) AISB (0.78'/iB 03,059 words
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Article254 1985-12-11 14 Managers' prices for Dec 11 MARA-Bumiputra First 8'putro 4.73 4 78 Singapore Unit Truet Second B'putro Third B'putro Fourth B'putro 4 40 3 59 445 364 The Commerce 1.15 1.22 3 94 399 The Savings Fund 0 92 0 97 Fifth B'putro 260 265 S'pore Prog Fund 0254 words
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Article110 1985-12-11 14 HONGKONG Monday ***** Hong Seng Index Week ago 1457.4 Tuesday 1728 29 NEW YORK Monday 1 724 27 Week ago 1664 06 Dow Jones Monday 1497.02 TOKYO Friday 1477.18 Week ago 1457 91 Nikkei Average Tuesday ***** 95 Monday ***** 23 Week ago ***** 55 Standard Poors Monday110 words
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Article844 1985-12-11 14 Currant Ex Books Date Total for Totol tor payment dote close poyoble the year last year A B N 13%l Aug 19 NYA NYA 13% 26% A 1 S B 1096(b) Dec 11 Dec 21 Dec 28 10% 10%(a) Arool Steel 8%TE(b) Nov 26 Dec 6 NYA 8%TE844 words
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252 1985-12-11 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN THE STEERING Committee representing Pan-Electric Industries' creditor banks and Mr Tan Koon Swan are close to finalising an agreement on how to rescue the debt-laden company. At a meeting held yesterday in Standard Chartered's offices, the two groups moved towards252 words
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Article523 1985-12-11 15 mm™ By HOCK LOCK SIEW TIMING. If ever there is a management skill all companies' promoters should try to master, it's timing. In all things corporate, especially a share issue, timing is often the deciding but uncontrollable factor. It may mean success or failure of theBy HOCK LOCK SIEW - 523 words
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173 1985-12-11 15 INDUSTRIAL OXYGEN Incorporated Bhd (IOI) is hard pressed to achieve any increase in earnings for the current year. The company is faced with difficult conditions affecting its performance, such as low commodity prices, the sluggish property market and the downturn in the173 words
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187 1985-12-11 15 THE PAN-ELECTRIC shareholder who has invited other Pan-Ell investors interested in meeting to discuss the possibility of suing Pan-El directors, controlling shareholders, brokers and bankers for damages said yesterday it was too early to gauge the response to the advertisement. On Monday,187 words
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Article, Illustration391 1985-12-11 15 AMY CHEOK - By AMY CHEOK RETAIL GIANT METRO Holdings has called off negotiations to sell its 53.32 per cent stake in its subsidiary Transmarco Ltd. Reasons for the abrupt termination of the talks were not disclosed and officials from Metro and Transmarco were not available for391 words
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494 1985-12-11 15 MR L J HOLLOWAY has been with The Straits Times group (or nearly a generation. He joined the group in 1961 and held several positions before he became the chief executive officer of Singapore Press Holdings a year ago. The varied positions of Mr Holloway,494 words
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464 1985-12-11 15 LAST WEEK'S stock market fall following the crisis triggered by Pan Electric Industries's problems has set tongues wagging in Malaysia on the need to have an independent stock exchange. But the question is: How to separate the Siamese twins of Malaysia464 words
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Article170 1985-12-11 15 SOON PENG YAM (Pte) Ltd, a substantial shareholder of 8tm Lim Investments Ltd, has purchased 162,000 Sim Lim Investments shares for $2.03 per share, raising its stake in the company to 14.7 million shares from 14.54 million shares. ONG INVESTMENT Pte Ltd, a substantial shareholder of International Trust170 words
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Article937 1985-12-11 15 THE MARKET opened mixed in moderately active trading yesterday, as continuing weakness in sterling prompted some demand for major exporting companies. At 11.00 am, the FTSE 100 Index was 0.3 point up at 1,392.5. ICI rose 14p to 731, Glaxo added 20p to 1,570 while BTR gained 9p937 words
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Page 14 Advertisements
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Advertisement354 1985-12-11 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF Sam Tat Holdings (Pte) Ltd At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road, #12-01 12-11 Golden Mile Tower, Singapore 0719 on354 words
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Advertisement354 1985-12-11 14 IN THE MATTER OF THE COMPANIES ACT, CAP 185 PURSUANT TO SECTION 290(2) (b) AND IN THE MATTER OF FOOK KWOK PTE LTD At an Extraordinary General Meeting of the above named Company duly converted and held at 6001 Beach Road, #12-01 12-11 Golden Mile "lower. Singapore 0719 on Tuesday354 words
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Advertisement135 1985-12-11 14 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Sealion Shipping (S) Pte Ltd agents for Heron Shipping Co. Ltd., 80 Broad Street, Monrovia, Liberia, the owners of the vessel Negev Arad of Singapore registry official No. *****8 of gross tonnage 6069.34 tons register tonnage 4039.57 tons hereby give135 words
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Page 15 Advertisements
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Advertisement92 1985-12-11 15 THE MORTGAGE BANK AND FINANCIAL ADMINISTRATION AGENCY OF THE KINGDOM OF DENMARK (Kongeriget Danmarks Hypotekbank og Finansforvaltning) U. 5.580,000,000 Guaranteed Floating Rate due 1990, Series 84 Unconditionally guaranteed by The Kingdom of Denmark Notice is hereby given that the Rate of Interest has been fixed at 8Vt n and that92 words
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Advertisement63 1985-12-11 15 a,C(M»Rn T! MARINER The Concord Mariner For him 18 karat gold, black chromium-finish, stainless steel with or without diamonds Quartz Water-resistant CONCORD THE NAME IS A LEGEND, OWNERSHIP A PRIVILEGE Singapore Authorised Dealers Asia Watch Centre Cortina Watch Centre Shui Hwa Jev««ery Chew Cheong Jewellers Roy Eastern Watch Jewellery Watches63 words
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588 1985-12-11 16 FINES WERE imposed yesterday on four of the five respondents cited for contempt for the writing and publication of an article which appeared in the Oct 17 issue of the Asian Wall Street Journal (AWSJ). Two others who were not cited for588 words
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128 1985-12-11 16 AFP JAPAN is not ready to follow Britain's lead and take part in the US star wars space defence research programme. Foreign Minister Shintaro Abe said yesterday: "The time is not yet ripe for Japan to reply to the USAFP - 128 words
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Article513 1985-12-11 16 Spot prices down 65 to 70 US cents a barrel NORTH SEA BRENT prices dropped by another 65 to 70 US cents a barrel on the spot market yesterday morning. Brent prices have plunged by nearly US$2 a barrel since Opec agreed last weekend to513 words
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Article135 1985-12-11 16 AP THE AMERICAN dollar climbed sharply against the British pound which was depressed by fears of falling oil prices, and made smaller gains against other European currencies in quiet London trading yesterday. The pound, which touched US$l.5O last week, was down to $1.44, having lost two centsAP - 135 words
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120 1985-12-11 16 Reuter NEGOTIATORS have hit a snag in their drive for final congressional approval of a landmark bill to balance the US budget by 1991, with the Reagan administration digging in its heels to resist defence cuts. A task force of negotiators fromReuter - 120 words
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Article80 1985-12-11 16 COMEX gold futures yesterday steadied on nervous short-cover-ing after early selling pressure leveled off above Monday's lows. Spot gold was off US$O.lO at $316.10 an ounce. The pace-set-ting February delivery held a net loss of $0.40 at $319.40, with selling satisfied at $318.50 versus the overnight low of80 words
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Article69 1985-12-11 16 Reuter THE US stock market was higher in early trading yesterday with observers watching to see if it would be able to close above the 1500 level for the first time. The Dow Jones industrial average was up two points to 1499. Advances led declines by aReuter - 69 words
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Article, Illustration176 1985-12-11 16 Reuter THE CHINESE OFFICIAL responsible for Hongkong affairs arrived in Hongkong for a visit yesterday amid fears that Beijing may be backing down on pledges to give the territory autonomy after 1997. Mr Ji Pengfei, who heads the Hongkong and Macao Affairs Office, is theReuter - 176 words
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242 1985-12-11 16 LIM SOON NEO - By LIM SOON NEO SINGAPORE AIRLINES has taken action against employees who failed to declare goods to Korean customs authorities. Two have already been dismissed and the third will also lose his job if found guilty, said the latest issue of Outlook, the SIA group242 words
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211 1985-12-11 16 SINGAPORE has assured Prince Philip that it intends to sign the United Nations-sponsored Convention on Trade in Endangered Species (CITES). The prince, who is the president of the World Wildlife Fund, had written to Prime Minister Lee Kuan Yew asking Singapore to stop trading211 words
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Article80 1985-12-11 16 Reuter TAIWAN now expects its economy to grow 5.5 per cent next year, instead of the originally envisaged 8.5 per cent. An official at the Council for Economic Planning and Development said yesterday the revision was due to slow economic growth in the US. Europe andReuter - 80 words
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LATE FILE
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53 1985-12-11 16 Reuter SOUTH AFRICA has proposed delaying until 1990 repayment of some USII4 billion of debt covered by its debt repayments standstill agreement. Ranking sources said this initial proposal was forwarded to South Africa's largest creditors by Fritz Leutwiler, the mediator in the country's talks withReuter - 53 words
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Article37 1985-12-11 16 AP ARMED FORCES Chief Gen Fabian Ver said yesterday he will complete reorganisation of the Philippine military by Dec 23 but he has "other security missions" to accomplish before he retires.AP - 37 words
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Article39 1985-12-11 16 AFP THE International Tin Council (ITC) resumed its fifth emergency session yesterday amid guarded optimism that consultations are moving slowly towards a solution to the near-seven week old crisis on the international tin market. AFPAFP - 39 words
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Article39 1985-12-11 16 UPI THE chairman of the Palestine Liberation Organisation Yasser Arafat will conditionally accept a UN Security council resolution recognising Israel during talks this weekend with Jordan's King Hussein, an influential Palestinian editor said yesterday. UPIUPI - 39 words
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41 1985-12-11 16 AFP pressure at border CHINA has promised to apply increasing military pressure on Vietnam along their common border to force Hanoi to withdraw soldiers from Cambodia, Cambodian resistance leader Prince Norodom Sihanouk said yesterday. AFPAFP - 41 words
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Article34 1985-12-11 16 Reuter air attach IRANIAN warplanes struck at Iraqi positions near the southern Gulf War front yesterday as thousands of fresh war volunteers paraded through Tehran's streets before leaving to fight.Reuter - 34 words
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Page 16 Advertisements
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Advertisement313 1985-12-11 16 JACK'S PLACE DECEMBER '85 SET LUNCH MENU KIU.INEY ROAD YEN SAN BLDG BRAS BASAH COMPLEX MON Marinated Leg ot Lamb or Steak with Garlic Buttei TUE Roast Pork of Spring Chicken WED Ontail Stew or Pork Chops THU Roast Chicken or Steak with Sambal Sauce FRI Fish Chips or Steak313 words
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Advertisement147 1985-12-11 16 How Citißanking Electronic L/C's speed trade to deliver the goods to your bottom line. The rules have changed. If you're still remarkable ease... and unmatched security, handling Letters of Credit in traditional ways, lb find out how your Import Department you could be creating unnecessary headaches can benefit from the147 words
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Page 16 Miscellaneous
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Miscellaneous65 1985-12-11 16 msjiaaa Outlook for today: Cloudy with showers in several areas in the the pre-dawn hours and over many areas in the afternoon. Report for 24 hours prior to 7 30pm on Dec 10 at the airport: Maximum temperature 026.6 Associated humidity 84 Minimum temperature 22.9 Associated humidity 96 Hours of65 words
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SHIPPING TIMES
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102 1985-12-11 17 A LEADING FIGURE in the shipping community has suggested that Hongkong's proposed new shipping register fly two flags to gain international acceptance. Dr Helmut Sohmen, in his new capacity as a councillor of the territory's legislative council, said recently at the recent102 words
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382 1985-12-11 17 VONG NYAM MING - By VONG NYAM MING TIMBER EXPORTS to Australia have to be fumigated and Thomas Cowan, an Inchcape subsidiary, is vying for a share of the business spun off by the Malaysian timber trade with Australia worth $50 million annually. It has382 words
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206 1985-12-11 17 ORIENT OVERSEAS Container Lines (OOCL) will soon join the list of shipping companies which have found it convenient to use double-stacked trains for relaying boxes to inland destinations. On Monday, the carrier entered into agreements with Southern Pacific Transportation Company and206 words
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185 1985-12-11 17 Reuter THE ASSET PRESERVER for Sanko Steamship Co, Mitsuhide Miyata, has offered Japanese trading houses a compromise version of his draft reconstruction programme for the failed company. However, trading house sources said that it was uncertain if the houses would agree to his newReuter - 185 words
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PORTSIDES
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Article114 1985-12-11 17 AP FOURTEEN PEOPLE have been missing since a cargo ship sank near the San Bernardino Strait in Central Philippines. Manila's Business Day newspaper reported yesterday that a lone survivor disclosed that 14 crewmen of the ship, M V Anchor Shipping, had been missing since the vesselAP - 114 words
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Article74 1985-12-11 17 AP SOUTH KOREA'S shipbuilding industry in November received 432,000 gross tons in domestic orders for 11 ships, but obtained only one foreign order for a 5,300-ton ship. The Korea Shipbuilders Association said yesterday the aggregate of domestic ship orders from January through November was listed atAP - 74 words
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Article71 1985-12-11 17 AP THE LAST of dozens of ships delayed in the St Lawrence Seaway because of a ship accident and subsequent congestion was expected to be moving normally by yesterday. A seaway official said 10 ships were backed up in the Beauharnois Canal near Montreal at middayAP - 71 words
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Article1225 1985-12-11 18 FAIRLY active iron ore chartering and time-char-ter business on Monday featured an otherwise very dull freight market, ship brokers said. li on ore operators paid a steady US$5.4O from Ponta do Übu to Rotterdam and $5 from Lower Buchanan to Holland while an unchanged $1.90 was agreed from1,225 words
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771 1985-12-11 18 Fairplay FOR a specialised ship type, the ro-ro has, in recent years, been traded to a surprising extent on the charter market, and a number of owners have been demonstrably good at building for and marketing this kind of business. ItFairplay - 771 words
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Article630 1985-12-11 18 AFP A LATE upturn in trading towards the end of a quiet but steady week demonstrated a steady rates pattern on two major grain bulker routes. However, the ore and coal sectors made up the bulk of reported fixtures during most of the week. Improved timecharter activity wasAFP - 630 words
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Article882 1985-12-11 18 A Top Ent X 2 AB Shpg V 5 Accord Shpg X 2 Afea Line VI 3 Ahrenktel Liner X 1 AC Toepfer X 5 American Pocific IX 5 Anro Service IV 3/4 Antoh Orient X 5 Arrow Lines X 5 Atlas Lines X 4 ANL 1882 words
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66 1985-12-11 18 SCINDIA STEAM Navigation has won approval to buy three secondhand fuel-efficient ships -of 18,000 dwt. Each of them will c<st about US$lO million aqd are designed to use onjy about 18 or 19 tonnes of fuel a day while steaming. The purchase plan66 words
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243 1985-12-11 19 FT NORCEM, the Norwegian concern which has expanded strongly into offshore activity over recent years, announced on Monday that it now has a majority shareholding 54.8 per cent of Aker, the offshore fabricating group. Aker thus becomes a Norcem subsidiary, making the parent companyFT - 243 words
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Article411 1985-12-11 19 Action aimed at heading off legal action by creditors Lloyd's List THE CRISIS facing offshore support vessel companies in the US Gulf has forced one of the world's largest operators to hand over more than a quarter of its fleet to the US Maritime Administration.Lloyd's List - 411 words
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171 1985-12-11 19 AP TWO OIL TANKERS collided in the Gulf waters near Iran's Kharg Island oil terminal, the London-based Lloyds Shipping Intelligence Unit reported on Monday. It reported that the 105,286ton steam tanker Nova and the 141,640-ton tanker Magnum collided last week. There were unconfirmedAP - 171 words
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Article189 1985-12-11 19 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.189 words
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361 1985-12-11 19 TWO DISTINCT MARKETS will evolve in the Gulf of Mexico over the next five years, according to a study made by Offshore Data Services, Inc. One will be in the shallow water areas where demand for equipment will361 words
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Article722 1985-12-11 21 Dk 9-13 Port Access '85, seminar on problems and improvements in port access and hydrographic surveying, Australian Maritime College, Tasmania. Dac 11 Marine evacuation systems, Honourable Company of Master Mariners technical meeting, 1740 hours, HQS Wellington, Temple Stairs, Victoria Embankment, London. Dac 13 First annual Institute of Marine722 words
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3480 1985-12-11 24 3®aBG)(!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 of3,480 words
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Article751 1985-12-11 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Piya Bhum UN 12 1285 0300 S'pore Shpg F1 1830-1900/1800-1930 JI/KI CR Librevil 9R 12.12 85 0700 Optorg F1 1900-2000 B6 Luohe 21E 12.1285 2300 Y Fung751 words
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Article542 1985-12-11 25 Vessel AT CONVENTIONAL WHARVES Berth Agent Arrival Deporture Keppel Auby Koto Agung Thong Long CR Libreville Koto Rokyot Lm Petolmg Serio Trans Hav Pasir Panjang Mono Beti M Olminskiy Nakorn Kasem Poc Seloton Stor Glory Burung 3004 Contong H-1 Fong Siong 2 G Seloton-/ Hoegh Drake Hover542 words
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Page 17 Advertisements
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Advertisement945 1985-12-11 17 In Search tnvn He<t-I\]tn (Ivn This runaway bestseller disecls the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense THE BOOKSHOP Orient Overseas CokUuh&i Line Agents JMOK SMTVK AGENCIS (Ret No 2421M/OOK) mrrrnm 70 Shenton Kay *04 0 3 Marina House945 words
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Advertisement73 1985-12-11 17 \mm FOR A SPECIALISED SHIP type, the ro-ro has, in recent years, been traded to a surprising extent on the charter market. Page II OFFSHORE LOGISTICS is giving up control of 24 of its ships to MarAd to head off the risk of legal action over unpaid debts. Page 11173 words
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Advertisement1053 1985-12-11 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. T IM£L^ THEBOOKSHC* MAERSK LINE KEEP YOUR APPLES FRESH TO R FASTEST TRANSIT PENANG 23 DAYS Penang Vessel Voy I S'por® EXPORT TO USA.1,053 words
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Page 18 Advertisements
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Advertisement459 1985-12-11 18 g Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Wast Feeder at Tokyo Feeder at Kobe Feeder VsJ FAMILT ACE GLORT ACE MARIA IRIS ACf Atlantic/Canada Feeder at Kobe Mather VSI IMM V BWDGE 4/2 2/2 V BMDGf 4/2 2/2 N TORK M 11/2 lt/2 n459 words
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Advertisement250 1985-12-11 18 S~Supercarrier Service B vtK-r Blu« S« J Nf>! ARRIVALS BARBER TAMPA 15 1? N ROU(N 7 1 BARBER TfHAS 7 1 N ROSARIG 27 1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA AKo acceptng contrs lor Houston (M.B) S Francisco Oakland Stockton and San Diego «u I Angeles250 words
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Page 19 Advertisements
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Advertisement684 1985-12-11 19 The Straits Steamship Group O STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok COHTABtRSHP SERVICES TO/FROM BANGKOK J Mansfield Container Shipping Pte Ltd Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT o PHM rrr CONTAINERSHIP SERVICE FROM UK/CONTINENT PKetang Spore 15/12 16/12 21/12 23/12 2C/12 27/12 00/1 09/1 15/1684 words
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Advertisement764 1985-12-11 19 NOTICE PT*j EXPRESS CHINA SERVICE GUANG-ZHOU CHINA MARITIME SERVICES "M.V. NAN KUN" ETA SINGAPORE 20TH DECEMBER 1985 LOADING FOR WHAMPOA AND SHANGHAI SPACE BOOKING PLEASE CONTACT:PROJECT SHIPPING PTE LTD 9-A CIRCULAR ROAD SINGAPORE 0104 TEL: *****91 Please also refer to our daily shipping advertisement on Page VI Column 4 Franco764 words
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Page 20 Advertisements
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Advertisement473 1985-12-11 20 w u Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia. Med. Carribean &S. America Inland haulaje to inland destinations in Europe S pcxe PKelinjPenmj Lenoesß*uo Genoi Hbur{ Rdim Bhuen A *erp ftonkir llwtfw 27 1 31 1? SN Tounn 10 1 U'l M l 10/2 A, Mu63.ik.3h ?5 1 28473 words
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Advertisement325 1985-12-11 20 M S LINE FULLY CONTAINER ISED SERVICE KOREAN CHANCE 74W St Vf N SMS BRIOU S3* CR TOKYO 7W TRANSWORtO BRIDGE 7IW In Pud I 9 l?l 18 17 <16 I?) n I? (?3 1?) 1 1 IJO 1?) r FROM EUROPE VIA SUtZ 1 Membe ,he e Consortium CHINA325 words
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Advertisement1440 1985-12-11 20 Hal Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX R*****1 A BJ *****72 |\.V:.\STK l(\ <WK I.IVKU. I.TI). Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan Veuel S pwe P Kelanj Kuclnnj Mu. PRINCI MARU NO S *71 In Po»l 13 Dec 16 Dec1,440 words
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Advertisement306 1985-12-11 20 US I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKeUnt Loadi* for: OCEANIA QUEEN 16/12 i*. Orotoiy. P. Moresby, J Kwta. Rabaul. Honiara KYOHA COSMOS 16/1 P. Moresby. Lae. Honiara, Kieta. AGENTS I*l*V* SINGAPORE SJNOSE UARiTMK PTE LTD TIL 220 U44 7 I *****70 PORT KELANG306 words
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Page 21 Advertisements
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Advertisement505 1985-12-11 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 MID. S.E.A. CONTAINERS PTE LTD. (FULL CONTAINER SERVICEI INDONESIA SERVICE JAKARTA MV SEA HAWK (EVERY WEDNESDAY BANGKOK SERVICE EVERY TUES, THUR. SAT, SUN ETA SMGAPORE ETA BANGKOK KV] AU k SEA GLORY PITA BHUM SEA GLORY PIYA505 words
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Advertisement135 1985-12-11 21 GO xf ft R 9> is ft A 31 CHINA NATIONAL FOREIGN TRADE TRANSPORTATION CORP BEIANG Europe Timber/Plywood Service K.Kinabalulf Mani S pore P.KebnfLoadmf for HUANGPU CAREER In Port Saied 14/12 17/12 Nantes/Rot Ant/Bre Srjapae Eastern Man tint Kota Kinabalu Transpac Lines Tanjonf Mani: Kiduron( A(emi Penanj Lean Bee Port135 words
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Advertisement777 1985-12-11 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTN Benalder Saded City ol fdrtwjti SAd Kitano Maru Saied Humbert f'P"« H/12 Osaka Bj, 11/12 Kaufa Maru 21 12 Benaron 4/1 Honfkonf Eipresill/1 Kowtoor Bit U/l B HAVEN It DAM Saded Saded Saded Sided Saded Saded 13/12777 words
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Advertisement601 1985-12-11 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S'PORE CONTAINER SERVII BUSAN YOKOHAMA KOBE MOHSAJNG HA f GOWA V? 6« 22 21/11 25 24/11 27/11 1 2/12 3/12|_ S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE GO** ttt W I 1 12 I 4/12 13/12 22/12 CONVENTIONAL SAILING WRECT TO NORFOLK I601 words
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Advertisement563 1985-12-11 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore Paian V93W 11/13 Dec Phashwegyawywa V26IH 19/20 Dec Lokaw VIO6W 20/21 Dec Pa-an VB9W 24/26 Dec 15/16 Dec 24/26 Dec BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT MEADOWBANK IVYBANK SPORE 22 Dec 20 Jon R'DAM563 words
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Page 22 Advertisements
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Advertisement1301 1985-12-11 22 K USA CANADA ATLANTIC COAST (Round The World Service) KAWASAKI KISEN KAISHA, LTD. NEPTUNE CORAL V 2 NEPTUNE CONCORD VOB ORIENTAL MPIOMAT V 24 NEPTUNE PEARL V 53 PACIFIC COAST (Including DKSTINATIONS INLAND vi* IPI/IMICROBRIDGE ft MINILAND BRIDGE) FEEDER/ MOTHER VESSEL STOW PKLG PENANG I S PORE T/S PORT LA/LB1,301 words
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Advertisement536 1985-12-11 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* CAIABAR SO ANDMA PRAOFSH AURIGA RAWDAS INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Smgjpoir PfcMiAg Prfling lo<Kkng tor 23 Oft 22 Dec MMkn B deih HjMu CjlcuMj 16 Dec Bombiv Kamb 9 I«i kUdrjs B d«sh Kitdu Cjkutti 1] J* KUdijj B deih536 words
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Advertisement704 1985-12-11 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD K*jn| Turn Promciaf Bar* Buldn( 60 C«ci Street SINGAPORE 0104 TEI *****90 (10 IMS) STRAITS/PERSIAN GUIF SERVICE: GOIHN HAVCH Cotomtxi Harbin Bahtam GOIOEN BEAR i ml* Duba. Dofca 16/17 Dec 9/10 lan CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC Of CHINA704 words
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Advertisement434 1985-12-11 22 (PTE)LTD 10 Anson Road #27 16 Internationa' Plaza Singapore 0207 Tel *****1 1 10 Lmesl SrQtBI£LSMA-JLMSm o BREAKBULK SERVICE TO EUROPE/UK S pare P. KebnfLudnf lor WNCR *****18 Saied Sated ESBJERG ROT ANT/ UK (AVON) FORT CARLETON *****20 Sated 11/12 ROT/ANT/UK (AVON)/ BELFAST SOUTHERN PACfIC *****2125/12 30/12 ROT/ANT/UK (AVON) GESIIRI434 words
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Page 23 Advertisements
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Advertisement1091 1985-12-11 23 NOL NEPTUNE ORIENT LINES LTD Agents S pore NEPTUNE AGENCfS PTE LTD Tel No othce Termnal CIS BOOKINGS *****77 fl 111 AUST IP* Sl* *****77 *****22 *****53 OR D«1 CI IMS *****43 77«i7«7 I Rjtvu HARPER W*A SON BHD *****0 P HARPER WW A SDN BHD *****1 *****1 p ii,i1,091 words
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Advertisement584 1985-12-11 23 SP(*I MIS NFPTUNf AGLNCUS PTF I ID lel ?imil P/***** (Boosts) ???7SIO ??1?0?? (Operations) ????487 ??09?84 (Terminal) ??0?«S0 ??0?504 (CFS) »QNIS TUNAS Sf ll* SON BHO Kl Tel *****0 *****4 PK Tel *****4 PfN Tel J*****, J6747S rs\ •-■ij CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE584 words
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Advertisement755 1985-12-11 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KVT2 T SS2 WSM* SS > *?S k fLOOR 127 Penary Street Penan, Malaga ?2 L2E" MALAYSW Cables JAYAPOH755 words
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Advertisement115 1985-12-11 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE LTD. 37. Somerset Road. #06-01, Ng T»ow YhM Bldg S port 0923. T«l: 235 8444 (4 limit). Poet Kelang Tiga Pma St*ppmg Sdn Bhd Tel 03 *****4 5 Penang Malaysia Trade Transport Ltd Tel 04 *****3 Pas* Gudang Malaysian Shipping Agencies115 words
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Page 24 Advertisements
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Advertisement512 1985-12-11 24 ItcgiMMl Container Lines E2 COMPAGNIE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER. SPICIAIISID WAV* t It T!RS A WAII ABII KASHNA MARU SHUN-EI MARU Spore 22/23 Dec 27/2S Dec Loadmf for: Doha Salalah □SR-LINE VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO512 words
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Advertisement108 1985-12-11 24 Ip QJ si FIRGO SHIPPING COMPIHY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAUINGb WEEKI Y ¥oy PIT* BHUM 14N SMI BHUM 249N SEA GlOftY 8548 PIT* BHUM 15K Spore Bkk to M/ll Dec 13/15 Dec 13/14 Dec 17/11 Dec 15/15 Dec 11/19 Dec 11/11 Dec 20/22 Dec Accepttof108 words
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Page 24 Miscellaneous
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Miscellaneous209 1985-12-11 24 /Z2^ oS f A 1 Regional Weather iQ m 3 i m m a >y m L? 3 i w, 02H S i ss r > M I 1 n i w^>2 i r-' ss&ps* TO* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed209 words
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Page 25 Advertisements
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Advertisement113 1985-12-11 25 lUSC AGENCIES K. LUMPUR P. KELANG PENANG P. GUDANG I. BAHAMJ LEOSrtP SPORE *****88/*****56/*****48/*****83 *****1/4 TERMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE gISIBnTMi i i i 'ii »IiiTIiminHTTT^nTM(TTMIJ!.'ii"'inTTM ALSO ACCEPTMG FOR: ANTWERP. L. HARVE. I*. BREMEN. COPENHAGEN. OSLO ALSO ACCEPTMG FROM EUROPE: RIM. HAM. GOT, UK. ANTWERP,113 words
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Advertisement70 1985-12-11 25 LIZENA PTE LTD T«l: *****67. *****68 T*l«x: R*****1 REGULAR CONVENTIONAL/CONTAINER SERVICES TO CHITTAGONG KSSEI Vo» ETA UD CAUMG IRUSI UNION a OT «■> Sated Sided CIG DMBDSSDOO# I 0? I*> It I? •*> IS/1715 CIG MADID Mil 1 Mi Sated Si*ed CIG IRN l/I N 11/1 it M.dn to C*utla>70 words
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Advertisement447 1985-12-11 25 Authorised Consolidators for it APL. American Pacific Lines. Inc CONSOLIDATOR OF CONSOLIDATORS Weekly NVOCC departures to all USA Inland Destinations Ctoctng date at Slnq«xx»^v_ 14/12 Atlanta, Boston, Chicago, Cincinnati. Ctavatand. Oataa. 21/12 El Paao. Houston, indlanapoMr Kanaaa, MMwai**a, 28/12 San Antonio. Spring Field. Tuacon. Tampa 4/1 And many mora destination*447 words
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Page 26 Advertisements
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Advertisement694 1985-12-11 26 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TO: EUROPE IG MAN SPORE JUMP* 22/24 D< KNJAMAS 30 2 lan 22 24 Dec 25/26 Det 27/2S Dec 29/31 Dec UK IHAVRI RIM HBG BMIN. AWRP 5/11 lan UK RTM. HBG BMIN AWERP FROM EUROPE: PENANG P HUANG SPORE BKK FROM WMPA694 words
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Advertisement517 1985-12-11 26 BALSA 38 TRAVERWAY MARITIME LTD MONTHLY CONVENTIONAL SERVICE S'PORE Loading for 14/12 FAMAGUSTA/BEIRUT/ TRIPOLI (LEBANON)/ LATTAKIA/ISTANBUL/ mersin Agents SEALORD SHIPPING AGENCIES 70 Shenton Way #04 02C Marina House, Singapore 0207 Tel *****94 Tele« No R*****9 A LCL/FCL TO HONG KONG/CHINA ETD 18 DEC. '85 Also accepts LCL/FCL to other destns517 words
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Advertisement644 1985-12-11 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD HUH CONIMCKISCO SERVICE 10 EIDOPC (VIA SUEZ) KOWAN CHANCE 24W SIWN SEAS BMDGE S3* CD TOR TO 2W IRANSNORID BSCGf leHatre Adam fstcwe H'lm| Brein >0/12 l/l V\ 4/1 5/1 (/I 7/1 9/1 11/1 12/1 13/1 14/1644 words
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Advertisement951 1985-12-11 26 PM| rrtMPANiA pfriiana nr uaphpitc /r p u COMPAMA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" liMduig tui CjHjo Malarjna No and a* othn Perunian potts »>tt trj<isliip<r*nt jt Koto On CPV Ihiougl) Sills ol lading lo linal destination lOHNEVERETT MURRAYEVERETT THOMASEVERETT Pefuttf* P Kriant 10/12 Dec Seaport f 13/14951 words
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Advertisement405 1985-12-11 26 ZIM s». m KCtIUNC /W KR TOM m anon m MONTH At NOW CONFERENCE NXPEMXNI FULL CONTA** SOtWCE accoptaf FCI/tCI cargoes lo USA tut t Nest Coast. Canfcbeaniast Canada yd HAITI 44 24 IN K (?N K 12 2«4 H 13* ZIM EILAT CONTAINER LINE S>*( Eiat Inult V«KC m405 words
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