The Business Times, 19 December 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, DECEMBER IS, 1985 75 CENTS
    12 words
  • 577 1  -  Move aimed at pre-empting forced-selling of shares, say bankers By ALVIN TAY THE MONETARY Authority of Singapore is temporarily relaxing its approach to the $5,000 statutory limit on unsecured loans which can be granted by finance companies. The move is believed
    577 words
  • 506 1  -  By AMY CHEOK,AMY BALAN SIA SHARES failed to take off yesterday when the company made its debut on the Singapore stock market. The glamour stock put up a disappointing maiden performance and ended the day with the dubious honour of being the first
    506 words
  • 120 1 Reuter SEOUL FACES a gloomy Christmas after city officials yesterday banned all electric decorations at hotels, department stores and office buildings as part of a plan to save energy. Stores must take down huge lighted images of Santa Claus bearing gifts and the owners
    Reuter  -  120 words
  • 82 1 Reuter RETAIL SALES in China this year will rise by 27 per cent to about 426.34 billion yuan from 335.7 billion in calendar 1964. The New China News Agency said the increase was due to rising incomes and a large increase in the number of
    Reuter  -  82 words
  • 240 1 SINGAPORE AIRLINES set the market tone yesterday, and share price movements on the Singapore stock exchange were one way down. SIA made its debut below the $5 offer price and closed at $4.70, after touching $4.64. That depressed sentiment enough to send shares down across
    240 words
  • 217 1  -  By MONICA GWEE BUSINESSMEN heading for Cuba on July 25 to 27 each year should beware. The natives may be restless because the three public holidays mark "National Rebelliousness Day". And those headed for Australia had best not arrive on Aug 4. It's Picnic Day
    217 words
  • 124 1 AP AMERICA, which now owes other countries about US$33 billion, could be $1 trillion in debt by 1990, a study released by a British economist said. "From being the world's largest net creditor nation in 1982, it would be the world's
    AP  -  124 words
  • 417 1  -  By CHUANG PECK MING THE TRADE Development Board (TDB) and textile manufacturers in Singapore yesterday welcomed US President Ronald Reagan's veto of the controversial Jenkins Bill on textile imports. The Bill would have had a major impact on US textile sales by
    417 words
  • 120 1 UPI AMERICAN Secretary of State George Shultz's first visit to Eastern Europe ended on a sour note, with Mr Shultz pounding his fist on a table and angrily telling his Yugoslav counterpart there is no justification for terrorism. "It's wrong," Mr Shultz
    UPI  -  120 words
  • Page 1 Advertisements
    • 80 1 A WATERMAN PARIS Writing instruments of distinction since 1884 enquiries: Tfel: *****33 «lt« So much better at Great Rkmc g l /4°/o FIXED DEPOSITS 1 month 5 1 /4% 3 months 5 1 6 months 5 1 /4% 9 months 5 1 /2% 12 months 5 3 /4% *24 months
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    • 293 1 r>Atl >LiCJMC Stockbrokers Grand Orient Securities files petition for winding up of Sigma subsidiary, Standard Lloyds Securities, Page 15 GIH calls off proposed acquisition of Singapore Shipping Corporation, Page 15 SES keeps close watch on troubled stockbroking firm, Associated Asian Securities, Page 15 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS
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    • 120 1 Full report, Page 13 Int'l stocks, Page 10 Asian stocks, Page 11 NEC APC 111 SEC Redefining Your Perception of Today's Personal Computer. .M A 1 Si J The speed of information processing takes on a whole new dimension with the NEC APC 111, heralding a new era in personal
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    • 21 1 BEHIND EVERY SONY PRODUCT IS SONY Service *****11 SONY THE ONE AND ONLY Reagan vetoes curbs on textile imports, Pege 5
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  • Page 2 Advertisements
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  • HOME NEWS
    • 453 3  -  By ELAINE KOH A COMPANY DIRECTOR was admonished in the Industrial Arbitration Court yesterday for failing to come up with concrete proposals to the union when the company decided it could not meet its obligations under the collective agreement. Sunbeam Trading
      453 words
    • 295 3 A LARGE Resign consultancy company from Australia has offered its expertise to Singapore manufacturers of high-technolo-gy products. Mr Murray Hunter, one of the three directors of Sydneybased Design Resource Pte Ltd, has discussed possibilities with the Trade Development Board. The company's designs for products ranging from
      295 words
    • 72 3 IMPORTERS OF COLOUR photocopying machines are advised to submit their inward declaration forms to the Board of Commissioners of Currency for endorsement. They have to do this before submitting their inward declaration forms to the Imports and Exports Office for processing and approval, according to
      72 words
    • 165 3 THE DATE has been set for the hearing of the winding up of the Lamipak group by six creditor banks. An advertisement by the banks' solicitors, Chor Pee and Company, said a hearing to wind up the plastic manufacturer had been set for
      165 words
    • 438 3  -  By JUNE LIM THE VERY VERY RICH are now counted among the clients of a local company which yesterday launched a luxury yacht for an Arab sheikh. Dauphin Offshore Engineering and Trading yesterday launched the 170-ft Azzam and announced plans to build a
      438 words
    • 211 3 FREQUENT CLAIMS that the Skills Development Fund tend to ignore small companies were yesterday countered with facts and figures which proved the contrary. Almost three-fifths of those granted SDF training support in the first 11 months of this year 1,878 companies
      211 words
    • 475 3 ARE YOU A QUICK THINKER? A good listener? Responsible? Able to accept lower standards of living and take hard knocks? A self-starter, keen and committed to what you begin? Well-organised and healthy? This is not an
      475 words
    • 195 3 (Chinese) A ntr-JRitsa tgji <1 <£ «L"i >s*£ r i; to f r .fc h&s vim. sfit I* flft* ttff h£ ftj 6 £fll ft 4k Pfrm (i"0 ua <#*»*«! mm Ai£ 6'ffeft A m if m it M 6U flifa ftfa SgUWSt*.ffiG[]# /A ftto *n iR ifeis if. ft
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  • Page 3 Advertisements
    • 58 3 w^\ ECO ii]; GCENTRE TvMGcWHrmm Collyer Place Anchor tenants include BNP, MITSUBISHI BANK and DRESDNER BANK Marvellous sea views KOk MOKI INM>K\l\ltn\ Ml > s l \M»INUM MK\ r< H >M> I Wl *II|( >\ Developer Sole Marketing At M.in.iyiny Agents Island Investment A«ency Joo^Lang Corpn Ltd lnlrrn J. Tel
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    • 103 3 /Jean Philippe, another name in Chanrai's exclusive circle R From Europe's ever-growing list of gentlemen's fashions, Chanrai's chose Jean Philippe. A collection that shares the same character as other distinguished brands in their stores. peccable craftsmanship, exclusive editions. These are the qualities that make Jean Philippe welcome at Chanrai's. And
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  • OVERSEAS
    • 685 4 ARRIVALS Operator Service Local From number time SI A SQI 05 1105 KUL SIA SQ20I 1145 CGK THAI TG403 1 155 BKK SIA SQI91 1155 PEN MAS MH682 1230 KCH GIA GA940 1235 MES MAS MH607 1235 KUL SIA SQ203 1300 CGK GIA GA900 1310 PKU SIA
      685 words
    • 365 4 THE UNEMPLOYMENT RATE in Malaysia has been steadily rising in the last three years and this trend is expected to continue into the new year, Deputy Labour Minister Datuk William Lye said on Tuesday. He said that against this background of rising unemployment,
      365 words
    • 190 4 Reuter MALAYSIA'S ECONOMY should have picked up moderately in the second half of this year to give about 5 per cent real growth for the year due to the more buoyant world economy, after slackening off in the second quarter, Bank Negara said. The
      Reuter  -  190 words
    • 192 4 AFP THE NEWLY-FORMED Asean Constructors Federation (ACF) has urged Asean governments to give its members precedence over foreign constructors for projects in the region. Major projects in the Asean region had been awarded to overseas companies, ACF chairman Eddi Kowara said in a statement issued on
      AFP  -  192 words
    • 321 4 AP US MAKERS of telecommunications equipment were warned on Tuesday that they might be shut out of markets worth up to US$6 billion a year if they failed to appear at trade shows next year in Tokyo and Beijing. "One of the complaints that
      AP  -  321 words
    • 189 4 AP CHINA HAS REDUCED its militia by 60 per cent, the official Xinhua news agency said on Tuesday. The report also said 80 per cent of the militia's "core" membership would be reduced. China does not publish figures on the number of
      AP  -  189 words
    • 144 4 Reuter CHINA'S auditing administration says it has uncovered US$2.9 billion in fraud, waste and tax evasion since it started work two years ago. The China Daily quoted administration chief Lu Peijian yesterday as saying his investigators had looked into the accounts of 58,000
      Reuter  -  144 words
    • 277 5 UPI THE US BALANCE of payments deficit was US$3O.5 billion in the third quarter, the second largest on record, with US exports slowing to their lowest level in two years. The Commerce Department reported on Tuesday that the deficit total for July, August and
      UPI  -  277 words
    • 153 5 Reuter THE HOUSE of Representatives approved a massive reform of America's income tax system on Tuesday. The Democrat-dominated House approved the tax bill on a voice vote and sent it to the Republican-led Senate where President Reagan promised Republicans he will fight for major changes next
      Reuter  -  153 words
    • 167 5 AFP THE UNITED NATIONS General Assembly in New York has unanimously approved the calling of an international conference in Paris next July on the relationship between disarmament and development. The conference, proposed by French President Francois Mitterrand two years ago, will study ways of increasing assistance
      AFP  -  167 words
    • 168 5 AFP WEST GERMAN Chancellor Helmut Kohl and French President Francois Mitterrand agreed to reactivate military cooperation between their countries when they met in Paris for talks on Tuesday. The two leaders decided to revive the Franco-German cooperation treaty signed by President Charles de
      AFP  -  168 words
    • 380 5 Reuter PRESIDENT REAGAN has vetoed a Bill that sought to restrict imports of foreign textiles and shoes to the US by setting strict quotas on them. Mr Reagan said in a statement that the Bill, which Congress passed earlier this month, would spur foreign
      Reuter  -  380 words
    • 263 5 AP THE EUROPEAN Common Market, seeking to counter US criticism of its trade practices, accused the US on Tuesday of setting up a wide range of barriers to free trade. The Common Market's executive branch published a list of 23 examples of what
      AP  -  263 words
    • 294 5 UPI A BEER A DAY keeps the doctor away 25 per cent more of the time at least when compared to non-drinkers and hard liquor users, says a Johns Hopkins study released on Tuesday. Researchers studied data on 8,000 people over age
      UPI  -  294 words
  • Page 4 Advertisements
    • 516 4 res fS=S§l Now take advantage of a unique opportunity to get even more value with an IBM Personal Computer. FREE frff 1 A 1\ I i I A monochrome display and a display printer adaptor worth $1329* with the purchase of an IBM PC XT (with hard disk) at $9294*
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  • Page 5 Advertisements
  • Page 5 Miscellaneous
    • 57 5 Doonesbury UWPOW MEAN, MIKE HJHO* ZONK, JTSME.KXR OLPFOOMIEI SURE, ML. UUHAT COLOR SOU'S PIP I UEARINCOL' LE6E,PINKOS m 'A j 1 I t iSn m a Den SI i e BY GARRY TRUDEAU OF COURSE rF*ME,z! UHATtturm THETFJCK QUESTION* mike, po you HAVE ANY IPEA HOUJMANY'OU? ROOM&'HAVE OEENIMINGIO 'ETIL A
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  • WORLD BACKGROUND
    • 678 6 Capitalist-style ills threaten to derail reforms AFP CHINESE LEADER Deng Xiaoping goes into 1986 in better political shape than ever before, but with new problems surfacing as his ambitious economic reforms start to bite. Analysts say Mr Deng and his team of pragmatic communists were well
      AFP  -  678 words
    • 393 6 UPI PROTECTIONISM has nearly halted the growth of world trade and is likely to be a major political dilemma next year, a private study warned on Tuesday. Sluggish economic growth in most countries, persistent high unemployment and extreme trade imbalances will
      UPI  -  393 words
    • 473 6 Reuter A VOLCANO ERUPTS, an earthquake strikes a crowded city, a typhoon lashes coastal villages. And as news of the latest disaster comes in, a small group of United Nations experts moves into action. "There is always a great spontaneous response worldwide
      Reuter  -  473 words
  • Page 6 Advertisements
    • 205 6 w& 1 I Q 1 ft m v '/h> t N ''•J < V i 1 v✓> v Mv- J '/> f C!u|o Named after the famous Champagne Mumm Admiral's Cup series with the approval of the Royal Ocean Racing Club, London. Admiral's Cup by Corum a luxury quartz watch
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    • 159 6 -N V t I'll I *1 i j it,* ijs r ik -j 1 ia" 1 ;•> 1 14K Christmases Since 1846 Cross pens have been a traditional Christmas gift for many generations. In fact, ever since 1846 when Alonzo Cross perfected his first gold-plated propelling pencil. This Christmas your
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  • BANKING AND FINANCE
    • Article, Illustration
      645 7 SINGAPORE The US dollar recovered against most major currencies in thin late trading on some interbank short-covering, but still closed slightly lower yesterday compared with New York's levels. The dollar rose to 2.5080/90 marks from 2.5050/60 in the morning, but was still below New York's 2.5095/5110 close, and
      645 words
    • 326 7 BA Futures EURODOLLAR futures opened slightly lower yesterday from CME's level as market came under profittaking in the early session. But the March contract closed at a new high of 92.44. Liffe opening saw the market being sold off as opinions on discount rate cut were divided. The March
      BA Futures  -  326 words
    • 257 7 HONGKONG: The metal closed a shade lower in quiet and dull trading in the absence of fresh factors yesterday. It ended at U*****.70/320.10 an ounce, compared with the $320.75/321.25 close in New York and the $321.10/40 finish here on Tuesday. On the local market, gold closed HK$l2 lower at
      257 words
    • 311 7 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet trading yesterday. Period rates eased 1/16 point at the outset following news of an unexpected 12.2 per cent drop in US November housing starts and the Fed's indirect injection of US$l billion of funds through customer repurchase
      311 words
    • 250 7 Interbank rates at 3pm yesterday: CWfWICiM 1 ritH »»d Oftor croaa parity change Local dollars to 009 unit of foreign currency US dolor 2 1155 2 1175 2 8196 -2497 Sterling pound ***** 3 0417 7 3469 •58 68 Australian dolor 1 4374 1 4409 3 4286 -58
      250 words
    • 121 7 THE OVERNIGHT rate on the Singapore interbank money market (ell by V/t point from Tuesday to close at 3'/« per cent yesterday. The one-month term rate rose by 3/16 point while the two and threemonth rates rose by 1/16 point each. S$ Interbank rates at 3pm yesterday: Offer
      121 words
    • 465 7 AP THE BRITISH government has announced plans for the tighter control of banks in response to the £248 million collapse last year of Johnson Matthey Bankers. The proposed new legislation would strengthen the Bank of England's supervisory powers over larger banks such as Johnson
      AP  -  465 words
    • 175 7 Reuter ROBERT CLARKE, the US Comptroller of the Currency, said he will give no assurances to banks that their loans to Third World countries will be viewed any differently if they participate under the debt plan proposed by Treasury Secretary James Baker.
      Reuter  -  175 words
    • 331 7 UPI LATIN AMERICA'S 11 most indebted nations on Tuesday issued an "emergency plan" calling (or lower interest rates, smaller profit margins on bank loans and increased lending in order to double per capita income in the region by the end of the century. The
      UPI  -  331 words
    • 186 7 Reuter CONTINENTAL ILLINOIS Corp chairman, John Swearingen, says the bank holding company has built enough liquidity to overcome any serious problem that may occur now that it is operating on its own funding abilities for the first time since May 1964. "We have
      Reuter  -  186 words
  • Page 7 Advertisements
    • 154 7 What they have in common is a most uncommon privilege. Only OCBC gives you two gold cards for the price of one tr*.- m m Vi -fi ■Vl Welcome to The World Now you can possess a powerful credit combination that opens the door to more than 4.3 million establishments
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  • FEATURES
    • 462 8 -THE ECONOMIC COMMITTEE'S eight sub-groups have done a thorough job, judging by the report and recommendations of the manufacturing subcommittee. Their deliberations were clearly com- prehensive, and the report and recommendations, all realistic and to the point, must have provided considerable meat for the Economic Committee
      462 words
    • 846 8  -  London group develops portable satellite terminal A portable satellite that can fit into a briefcase is another step towards opening up more and new communication opportunities for people working off-base, reports BRIAN MOONEY. BRIAN MOONEY Reuter THINK OF THE remotest part of the world the top of
      Reuter  -  846 words
    • 886 8  -  Viewpoint By MAX COMMANDER PLEASE UNDERSTAND, I am not one to spoil other people's fun. If you want to spend a lot of hard earned dollars on gaudy tinsel, artificial Christmas trees, use your credit cards up to the hilt to buy expensive electronic toys
      886 words
    • 678 8  -  Letters to the Editor Ballyne Sung Assistant Director (Public Relations) STPB Dear Sir, We refer to your editorial "The Merlion's time is August" of Dec 11, 1985. We feel that some clarifications are needed to set the record and the assumptions made by your
      678 words
    • 124 8 Dear Sir, No sooner had the ink dried on your editorial on Dec 14,1985, when the Gremlin went straight to work. On page 11 of the same issue, it was reported that "...QAF Holdings Bhd extended a put option to all shareholders of Ben to sell them
      124 words
  • Page 8 Advertisements
    • 197 8 I KOHjINSHA introduces the all-new PHC-16® portable IBM' fully compatible computer Small and lightweight for today businessman CPU 80C88 4 8 MHz 16 Bit processor RAM 512 Kb (standard), expandable to 1 25Mb Display Large LCD text mode 80 x 25 Graphics mode 640 200 Keyboard Infrared cordless Drive Built-in
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  • Page 8 Miscellaneous
    • 646 8 11 12 13 23 24 25 26 27 CRYPTIC PUZZLE ACROSS I On* living m o field with o river neorby' (6) 7 A medionol compound or heavenly body (8) 8 Mony men moddened by Mory (4) 10 Somebody's matches (6) 11 She is m need, possibly (6) 14 A
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  • SPORTS
    • 570 9 Reuter, AFP ANDERS JARRYD has been ruled out of playing singles for defending champion Sweden in the Davis Cup tennis final with West Germany starting on Friday. Swedish coach Hans Olsson said on Tuesday that Jarryd was unable to train again because
      Reuter,; AFP  -  570 words
    • 109 9 AFP WORLD TENNIS CHAMPION Ivan Lendl's win in the European tournament of champions in Antwerp last month could cost an insurance group US$7OO,OOO. The Antwerp jewellers took out insurance against anyone carrying off the diamond-stud-ded solid gold racket they had offered to the first man to
      AFP  -  109 words
    • 747 9 AP BASED ON performances at the South-east Asian Games, the nations of this region will not pose a threat to the Chinese and Japanese at next September's Asian Games in Seoul. The 1,750 athletes from eight nations, who competed in Bangkok in 18 sports,
      AP  -  747 words
    • 421 9  -  By WALTON MORAIS AN ASIAN GAMES gold medalist, a SEA Games silver medallist and a Singapore Open finalist will vie for the Ellesse circuit Masters tennis championship which begins tomorrow. J us ted jo Tarik, Panomkorn Pladchurail and Sombat Uammongkol are the top three men's seeds
      421 words
    • 353 9 SIBLINGS Kevin and Vincent Lee enter today's final round of the Waterman Pen Junior golf championship locked in fierce battle. Younger brother Kevin, surprise overnight leader from Vincent, had his two-stroke lead cut to a single stroke after an eight-over-par 78 yesterday. Vincent came
      353 words
    • 159 9 Reuter SNAAFI DANCER, the US$lO million horse who never made it to a racecourse, has been retired to stud. A son of the renowned Northern Dancer who won 18 of his 21 races and has since sired a clutch of classic winners, Snaafi
      Reuter  -  159 words
    • 57 9 AFP PAKISTAN'S Jahangir Khan retained his PIA Masters squash title for the fourth successive year in Karachi, Pakistan, on Tuesday, crushing Australian Ross Thorne 9-0, 9-1, 9-0 in just 20 minutes. Jahangir outclassed his opponent to such an extent that rumbles of discontent were heard among a
      AFP  -  57 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 1127 9 to m mm John Travolta and Karan Lyna Gorney star in this box-office bonanza THURSDAY FEATURE SPECIAL Saturday Night Fever 10.30 pm, Channel 5 Don't be despair that Saturday is still two days away. SBC is making it possible for us to "boggie" tonight with John Travolta and Karen Lyna
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    • 2 9 BriStowr BanfcEictaßg
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  • INTERNATIONAL STOCKS
    • 335 10 Reuter BRITISH AIRWAYS (BA) plans a major modernisation of its fleet after the British government sells it off, probably next June. Plans for a public flotation of the airline are now well advanced. BA chairman Lord King said the cost would be £500 million
      Reuter  -  335 words
    • 178 10 FT DEUTSCHE BANK of West Germany is offering the Flick group's 10-per cent stake in the Daimler-Benz motor vehicle concern for sale for 3.8 billion Deutschemarks. The bank announced that it was offering Flick's 3.4 million Daimler-Benz shares to investors at a price of
      FT  -  178 words
    • 333 10 Reuter THE NEW YORK stock market on Tuesday was dealt its first decisive setback since it started on its record-setting roll last week. The Dow Jones Industrial Average fell nine points to 1,544, after coasting to record highs in five of the last six
      Reuter  -  333 words
    • 171 10 DEC 17 Abrtibi Ale an Algoma Argoen Hdgs Bonk Mont Bonk Nova Scotia Be# Canada BP Can Ltd Brascan Can Imp Bk Canpoc Corkng O'Keele CmW Rd Lk Cn Bthrt OA C$ 17* 41* 20 34* 14* 41* 31* 35 43* 18* 13 unch unch unch unch unch unch
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    • 206 10 DEC 17 Rood Unisec WootworTh 6106 1260 20 INDUSTRIALS MININGS A Alpha 9756 185 5 Anglos 3825 -60 *****6 unch 450 Byyoocs 1625 unch 3425 unch Butfef 1295 Chart ei ***** unch 2425 -25 Cons Gold ***** CNA 190 5 i*Kh Cons Murch 1225 1550 10 20 9000S Ones
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    • 676 10 D€C 17 US$ Akon Alumm 29* Akoo 40 Allegheny Lud 19* Afced Chem Cp 46* Afced Stores 70* ■k* Aln-Chalmers 3* unch Ann Brands Inc 64 Am Broodcost 120* Am Can Co 61 Am Cyananvd 58»* Am Elec Pwr 24^ Am Express 54 Am Home Prod 65 unch
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    • 915 10 Amsterdam DCC 17 Fh ABN 557 00 1 Aegon Ahold 75 90 -0 4 Akzo 136 10 -02 A M£V 8100 4-02 Amfos Amro Bonk 101 50 inch Bariid Boh Bonumi Bosttofas Bur Tat Cotand Cot*« Mi M* Ehevwr 172 50 25 49 50 4 3 Fokkar 75
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  • Page 10 Advertisements
    • 624 10 If, s 0 -JW.A L-J v 4 f£.; pf sk \.ms£3m*. i V .V The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one
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    • 212 10 London stocks on Pago 15 Lounge Enjoy the world s finest wine, while you relax in the cosy ambience of The Lounge. Savoury Hours: 5 7 pm daily. Getting to know the Perfect Combination, our new Filipino group. Free curry puffs plus 1 free drink for every 2. CROW 11
      212 words

  • ASIAN STOCKS
    • 469 11 HONGKONG: Share prices closed steady yesterday in dull trading in the absence of fresh factors. Brokers said investors were mostly on the sidelines awaiting the conclusion of Chinese state councillor Ji Pengfei's visit to the territory next week. The market has long taken on a holiday mood before Christmas,
      469 words
    • 265 11 IXC IS MT Pacific Coos 16 10 -0 2 PocrfK Elect Wire 13 05 -0 1 Al Smcere ln<fcjs 2.39 -0.12 p ao 4unq Paper 076 -002 Asm Cement 23 30 -0 4 9 Cathoy Cons 28 50 -07 Sharp 14 80 -0 15 Chong Hwo Bonk 44 00
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    • 457 11 TOKYO: Prices dipped yesterday in moderately active trading. Brokers said the drop was mostly a technical correction after a sevenday consecutive rise. The market average dropped 26.60 to 13,102.34 after gaining 11.09 on Tuesday. Turnover was 320 million shares against 340 million on Tuesday. Brokers said all three main
      457 words
    • 82 11 DEC IS Acoi« Mmmg Anglo PM 0001 0001 0 0065 unch unch -0 001 Morifeel Oriental B Ptnlex B Pic op B PLOT 0013 0 1450 36 50 -0 001 0005 Atk» Coo B Boguto Gold Bone Petroleum 9 0001 0 003 -1 unch unch Podco B Pogei Sao
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    • 381 11 SYDNEY: Australian stocks closed firmer yesterday with greater overseas interest and heavy buying in BHP leading the market up, brokers said. At the close of trading, the All Ordinaries Index had increased 5.4 points to 986.0, the All Industrials had fallen 1.7 points to 1,454.8 and the All Resources
      381 words
    • 85 11 DEC IS Bonk Seoul Won 736 708 -9 8 -3 1 unch -25 5 -50 -3 8 -10 Hyundoi Const Hyundai Motor.... KAL 1080 1831 615 760 70 -70 -15 •14 Commefool Bk 750 596 Yukong Korea Ship 1635 389 12 -11 560 765 -9 1045 Somvjng Co 725
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    • 110 11 BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 0.31 to 134.93. Turnover amounted to 42,618 shares valued at 6.4 million baht. DEC 18 Babts Sam Citizen Stain City 56 436 unch -4 106 -6 Ayuttwyo In* Strong Pock And Trust Bangkok Agro-tnd 202 Thai Commercial Bank 472 279
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    • 46 11 Reuter SHAREHOLDERS of Japan Air Lines Co Ltd (JAL) have elected Susumu Yamaji as president to replace Yasumoto Takagi, who resigned in August after the crash of a JAL Boeing 747 which killed all but four of the 524 people on board.
      Reuter  -  46 words
    • 224 11 Reuter FIRST PACIFIC LTD will float its special investment subsidiary. F P Special Assets Ltd (FPSAL), following the acquisition of the listing right of Wheelock Maritime International Ltd. Robert Meyer, the deputy managing director of First Pacific, said FPSAL will issue 65 million shares
      Reuter  -  224 words
    • 82 11 Reuter JARDINE MATHESON Holdings Ltd has sold a 62-unit luxury residential development in eastern Hongkong island to privately-held Broad Yield Co Ltd for HK5254.5 million. The company has also sold 93 homesites on the Maui island of Hawaii for a total HK534.5 million
      Reuter  -  82 words
    • 135 11 Reuter STANDARD Chartered Bank is to spend HKJ6OO million (US$77 million) on a new headquarters towering 40 storeys above the heart of Hongkong's financial district. The pyramid-shaped granite and glass structure will be two metres higher than the neighbouring headquarters of the bank's main rival, the
      Reuter  -  135 words
    • 300 11 AFP TWO MAJOR Japanese companies, Yamazaki Mazak, makers of machine-tools, and Komatsu, manufacturers of construction equipment, have said they would begin production in Britain. Most of the output from both units, they added, would be aimed at export markets, notably the
      AFP  -  300 words
  • Page 11 Advertisements
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      752 words
    • 122 11 At COFFEE GARDEN... 24-HOUR HONG KONG DIAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. fcte 'Mailable from Ham 3pm 6pm llpm m MlfffWflMrM 19 Cairnhill Cirde I sS£?" ng Singapore 0922 Tel: 734 6622 o«Uide CBD M *•4 M What's
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  • RAW MATERIALS
    • 242 12 SINGAPORE The market closed lower yesterday with January One RSS buyers quoted at 153.75 cents per kg, down 1.25 cents from Tuesday. The morning session lost 1.50 cents on some liquidation in quiet trading. Prices were little changed in dull afternoon trading due to lack of interest. MALAYSIA The
      242 words
    • 326 12 RAS prices hi S cents/kg. FOB mi boles NOON CLOSE Buyers Sellers Buyers Setters Int I RSS Prompt 154 00 I55 00N 154 00 155 00N Int 1 RSS Jon 86 154 00 154 25 153 75 154 25 Int 1 RSS Feb 86 154 25 154
      326 words
    • 102 12 (cents/kg, 1-ton pallets) FEB 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 151 00 I53 00N 151 50 I53 50N SSR 50 149 00 151 00N 149 50 151 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 212.00N 211 00
      102 words
    • 129 12 THE MALAYSIAN crude palm oil market was traded easier at midday yesterday as refiners unloading last week's purchases. Dealers said trading was quiet. December deliveries in the south and central dropped Msls and 112.50 to $800 per tonne and north $5 to $815. In January, south eased $12.50
      129 words
    • 13 12 KL TIN Closing prices on Dec 18 (M$/kg) Price Suspended Turnover (tonnes) Suspended
      13 words
    • 275 12 Singapore (S$/kilo, ei-9<xJown) Fragrant new crop 1st 074 2nd 056 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-vupef no stock Special 0 46 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled Rice
      275 words
    • 151 12 Chineee Produce Exchange (Sellers' noon closing prices on Dec IS (SS/100 kg) Coconut oil Bufc FOB 65 00 Old drum FOB 7800 New drum FOB 82 00 Copra 33 Mixed (loose) buyers Pepper Muntok White FOB NLW 1102 50 Sarawak White FOB faq NLW 1092 50 Sarawak special
      151 words
    • 1110 12 COFFEE Robusta futures saw a small technical adjustment on Tuesday after rising in early afternoon trade on a wave of fresh buying to meet resistance at 19-month second position highs of £2,500 a tonne on March. But prices still ended the day with gains from Monday night of
      1,110 words
    • 237 12 WHEAT FUTURES on the Chicago Board of Trade ranged from off 2'/« US cents a bushel in spot December to up M cent in new crop months at the close on Tuesday. March finished near the middle of a 4 1 /i-cent range. Long liquidation by professional houses pushed
      237 words
    • 239 12 SOYBEAN FUTURES on the Chicago Board of Trade retreated late in the session to close mixed on Tuesday, ranging from down IVi US cents a bushel in July to up six cents in new crop November. After trading on both sides of Monday's close, late selling in March by
      239 words
  • Page 12 Advertisements
    • 588 12 NOTICES THE COMPANIES ACT. CHAPTER 185 Section 254(2) NOTICE OF RESOLUTION JARDINE INTERNATIONAL PETROLEUM MANAGEMENT PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Jardine International Petroleum Management Pte Ltd duly convened and held at 4 Shenton Way 17-00. Shing Kwan House. Singapore 0106 on the 9th
      588 words
    • 606 12 THE COMPANIES ACT. CHAPTER 185 Section 254(2) NOTICE OF RESOLUTION SMITHSON ENGINEERING (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Smithson Engineering Pte Ltd duly convened and held at 4 Shenton Way 17-00. Shing Kwan House. Singapore 0106 on the 9th day of December 1985,
      606 words
    • 652 12 THE COMPANIES ACT. CHAPTER 185 Section 254(2) NOTICE OF RESOLUTION THISTLE INVESTMENT PRIVATE LIMITED (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Thistle Investment Private Limited duly convened and held at 4 Shenton Way 17-00, Shing Kwan House, Singapore 0106 on the 9th day of December 1985, the
      652 words
    • 622 12 THE COMPANIES ACT, CAP 1H FAR EAST FOREST PRODUCTS (S) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of FAR EAST FOREST PRODUCTS (S) PTE LTD duly convened and held at 36 Robinson Road, #05-01/02 City House, Singapore 0106 on 12 December
      622 words
    • 314 12 NOTICES THE COMPANIES ACT. CHAPTER 185 Section 254(2) NOTICE OF RESOLUTION SMITHSON SHIPPING AGENCIES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Smithson Shipping Agencies Pte Ltd duly convened and held at 4 Shenton Way 17-00. Shing Kwan House, Singapore 0106 on the 9th day of
      314 words
    • 323 12 THE COMPANIES ACT. CHAPTER 185 Section 254(2) NOTICE OF RESOLUTION REOLAND JARDINE INDUSTRIAL SERVICES (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Redland Jardine Industrial Services (Singapore) Pte Ltd duly convened and held at 4 Shenton Way #17-00, Shing Kwan House. Singapore 0106 on the
      323 words

  • SHARE INFORMATION
    • 4406 13 SHARE PRICES FELL sharply across the broad in quiet trading yesterday. In line with the weak market conditions, Singapore Airlines, the only stock to be listed on the local exchange this year, put up a disappointing performance. The first SLA deals were struck
      4,406 words
    • 264 13 SINGAPORE Rises Indices Londtnorfcs H 50« 190 23 |T Compout* 552 U 539 07 960 20 StST 6OT392 ton. L-ton, 530 +10 (J Oi/OS -207 -251 «V£JL rTii*?* 7? tt CADI -6334 -6436 F Marfan CULS 73 +5 BTO«V -*****1 *****1 5PP 39+2 ST IndustrioK 638 45
      264 words
    • 3370 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,370 words
    • 230 13 AMALGAMATED Industrial Steel Berhad: 15th AGM at Jalan Utas, Shah Alam, Selangor tomorrow at 10.30 am. AOKAM TIN Berhad: 31st AGM at the Conference Room, Malaysia Mining Corporation Berhad, 39th Floor, Menara PNB, 20LA, Jalan Tun Razak, ***** Kuala Lumpur tomorrow at 10 am. AYER HIT AM TIN
      230 words

  • COMPANY NEWS
    • 358 14 EMTEX CORPORATION Bhd will concentrate its resources in its profitable activities of plantation and property development to improve the company's performance. Chairman Tan Sri Hamzah bin Abu Samah says in his maiden statement that the move is in line with the group's policy of
      358 words
    • 878 14 NYT AS THE CURTAIN FALLS on one of its best years ever, Wall Street is rewarding the people who made it all possible with the financial world's traditional present: the Christmas bonus. But for the second year in a row, in spite of a performance topped
      NYT  -  878 words
    • 252 14 MALAYSIAN PLANTATIONS Bhd has transferred a piece of land in Kajang, near Kuala Lumpur to its holding company, Dunlop Estates Bhd,for Ms9.B million cash. MPB, a 53.7 per cent subsidiary of DEB, said it had entered into a deed of assignment to assign to
      252 words
    • 233 14 PALMCO HOLDINGS Bhd, the diversified palm oil refining group, has further expanded into property development with the purchase of a 25.4 per cent stake in Setianama (M) Sdn Bhd. Palmco is acquiring the 4.57 million $1 shares in Setianama for some MsB million
      233 words
    • 585 14 SHARE PRICES yielded further ground as sellers continued to dominate trading at the Kuala Lumpur stock market yesterday. Although most counters closed in negative territory, some speculative stocks were off their lowest levels on bargain-hunting activities in the last few minutes of trading.
      585 words
    • 3332 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. VCUSTRtALS AMD (4 006 4 02S) (14) 3 94 (1)
      3,332 words
    • 117 14 HONGKONG Tuesday 1455 8 Hang Seng Index Wednesday 1726 94 Week ogo 1452.6 Tuesday 1720 45 NEW YORK Week ago 1723 05 Dow Jones Tuesday 1544 50 TOKYO Monday ******0 Nikkei Average Week ago 1499 20* Wednesday ***** 34 Tuesday ****** 94 Standard Poors Week ago ***** 00
      117 words
    • 281 14 Managers' prices MARA-Bumiputra for Dec 19 First B'putro 4 46 4 71 Singapore Unit Trust Second B'putro Third B'putro 4 32 4 37 3 55 3 60 The Commerce 1 14 1 21 The Savmgs Fund 0 91 0 96 S'pore Prog Fund 0 47 0 50 S'pore
      281 words
    • 443 15  -  By NAJEEB JARHOM INTRACO'S eight-men board of directors is holding a special meeting this morning. High on the agenda will be changes to the company's senior management team following the resignations of three top executives. There will also be discussions on several major issues
      443 words
    • 292 15 YAZAWA Family Restaurant, a joint venture among QAF Ltd, Mr Masamichi Yazawa, the former managing director of Kentucky Fried Chicken (S) Ltd, and a few stockbrokers from City Securities and J Ballas, opened its first outlet in Parkway Parade on TuesdaY. The
      292 words
    • 935 15 SHARE PRICES yesterday opened mixed in quiet trading. At 0945 GMT the FTSE 100 index was 0.3 down at 1,365.1. ICI was unchanged at 731, Cable and Wireless recovered a 5p fall to 580, while Lucas gained 3p to 438. Insurances and brokers declined while banks were mixed.
      935 words
    • 389 15 OVERSEAS UNION BANK is selling its 50 per cent stake in Singapore Leasing International (SLI) (or a total of $3 million cash to Japan Leasing Corporation, a partner in the SLI venture. The sale by OUB, one of the Big Four
      389 words
    • 378 15  -  lp/in(fU<TMCl By LORETTA McLAUGHLAN STOCKBROKING FIRM Grand Orient Securities (Pte) is petitioning for the winding-up of Standard Lloyds Securities Pte Ltd, a wholly-owned subsidiary of Sigma International which lists its activities as investment dealing. According to the last report and accounts published by
      378 words
    • 392 15 GROWTH Industrial Holdings Ltd, the beleaguered investment holding company caught in the Pan-Electric crisis, has decided to shelve one of its proposed acquisitions. The company said yesterday that its intended $15 million purchase of the entire issued capital of Singapore Shipping Corporation (Pte) Ltd "will not
      392 words
    • Latest results
      • 102 15 Pre- tax profits for the half year ended Sep 30, 1985 increased 15 per cent to M 53.5 million (from Ms3.l million) in spite of a marginal decline in turnover to $8.6 million (from $8.8 million). At the after-tax level, profits rose by a sharp 52 per
        102 words
    • 440 15 MERCHANT BANKS will soon be able to play a more effective role in the development of the Malaysian capital market, said the chairman of Arab-Malay-sian Merchant Bank (AMMB), Datuk Azman Hashim This is particularly so in view of the pending corporatisation of stockbroking
      440 words
    • 233 15 THE STOCK Exchange of Singapore has been closely monitoring the activities of troubled stockbroking firm, Associated Asian Securities since Dec 6. SES committee members and AAS's directors could not be reached for comment, but an AAS source said: "Mr Yeo (the SES's general manager) is
      233 words
    • 281 15 CHEMICAL INDUSTRIES (Far East) Ltd disclosed that a director and substantial shareholder Mr Lim Soo Peng has purchased an additional 20,000 shares on Dec 16 for $30,000, thus raising his total interest to 19.45 per cent (2.94 million shares) in the company. Another director, Mr Eric Lim Yew
      281 words
  • Page 14 Advertisements
    • 296 14 IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business They're already reacting to the latest developments before others are even aware of them They read The Asian Wall Street Journal All the business news you need. Every business
      296 words

  • Page 15 Advertisements
    • 69 15 BANK OF INDIA (London Branch) U.S. $20,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE 19TH DECEMBER, 1986 (EXTENDABLE AT CERTIFICATE HOLDER S OPTION TO DECEMBER, 1988) In accordance with the provision* of the Certificates, notice is hereby given that for the interest period from 19th December, 1985 to
      69 words
    • 167 15 freddufendek''. y. >n person 24th to 28th December '85 J" X If Before The Next Teardrop Falls. Wasted Days and Wasted Nights Secret Love Cehto Lmdo. Rancho Grande and Jambalaya touched the right chords with you. then you have just got to hear these hits performed by the man himself
      167 words

  • 521 16  -  Economic sub-committee: Manufacturing sector expected to grow in second half of next year By FOO CHOY PENG,BOEY KIT YIN A FORECAST that the local manufacturing sector will grow again in the second half of next year has been made by the economic sub-committee which has reported on
    521 words
  • 248 16 THE 1982 worldwide recession, difficult international markets and high costs in Singapore caused the manufacturing sector to miss its target outputs in the last few years. "The sector has fallen short of the goals set in the original 10-year plan," said a report
    248 words
  • 165 16 JAPANESE MEMBERS of the Singapore International Monetary Exchange have been urged by its chairman to help boost liquidity on the exchange as well as to play a more active role on its committees. Two Japanese bankers told BT yesterday that a meeting between Simex
    165 words
  • 534 16  -  By ALVIN TAY A TOP MANAGEMENT reshuffle among the nine senior vicepresidents of DBS Bank will take place in the New Year. On Jan 1, Mr Lim Yong Wah, the head of properties, will be promoted from senior to executive vice-president. DBS will then have
    534 words
  • 589 16  -  By ELAINE KOH A NUMBER of international groups, including some of the world's biggest salvage companies, are believed to be interested in buying the Selco offshoot of the troubled Pan-El group if it is put on the market. The giant Dutch salvage and towage group,
    589 words
  • 425 16 THE GOVERNMENT'S basic approach to some areas of economic management, and the way it has implemented certain policies, have been questioned by the manufacturing subcommittee in its report released yesterday. It suggested that if organisation had been different, and a broader view taken on certain
    425 words
  • 179 16 PRESIDENT WEE KIM WEE said last night that Singapore's position as a vibrant and global city, required an active press club. The former chairman of the Singapore Broadcasting Corporation and co-founder of the club called on all journalists, local and foreign, to join the
    179 words
  • 40 16 WORK at the Mass Rapid Transport Novena Station has been stopped temporarily for repairs and investigations following Tuesday's accident. The temporary halt is expected to last several days to enable repairs on damaged equipment and investigations into the incident.
    40 words
  • 59 16 COMEX GOLD FUTURES yesterday drifted lower on small selling from Tuesday, with the dollar's firmness encouraging the early downward bias. In slow dealings, spot gold was off US$O.4O at $320.50 an ounce. The leading February delivery slipped $0.90 to $323.00, in a penetration of Tuesday's low of $323.50.
    59 words
  • 67 16 Reuter THE US STOCK MARKET pulled lower in early trading yesterday, continuing the move lower begun on Tuesday. The Dow Jones Industrial Average was off two points to 1542. Declines led advances by a two-one margin on turnover of 12 million shares. Exxon led the actives, unchanged
    Reuter  -  67 words
  • LATE FILE
    • 50 16 Reuter THE BONN GOVERNMENT decided yesterday to negotiate an agreement with the US covering West German involvement in President Reagan's "Star Wars" research programme, government sources said. The decision made West Germany the second country after Britain to pursue a govern-ment-to-government agreement with Washington.
      Reuter  -  50 words
    • 62 16 Bernama THE INDONESIAN government will not respond to "Live Aid" concert organiser Bob Geldof's allegation that the country's recording companies have pirated cassette tapes of the concert. Justice Minister Ismail Saleh said yesterday that there was no need to respond to the allegation because
      Bernama  -  62 words
    • 60 16 Reuter THE FAMILY of a Britishborn Australian sentenced to death in Malaysia for drug smuggling said yesterday that they planned to ask Prime Minister Margaret Thatcher to intercede on his behalf. Welder Kevin Barlow and fellow-Australian Brian Chambers, both 28, face the gallows after Malaysia's Supreme
      Reuter  -  60 words
    • 61 16 UPI INDIAN Prime Minister Rajiv Gandhi's ruling party hac suffered its second major electoral defeat this year, according to voting results announced yesterday in the strife-torn north-eastern state of Assam. The Press Trust of India said Mr Gandhi's Congress (I) Party was winning in only 23
      UPI  -  61 words
    • 30 16 Reuter SUDANESE Finance Minister Aouad Abdul-Maguid quit his government post yesterday when it failed to endorse a draft accord he negotiated with the International Monetary Fund.
      Reuter  -  30 words
  • Page 16 Advertisements
    • 3 16 Leader, Page 8
      3 words
    • 155 16 How Citi Banking 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
      155 words
  • Page 16 Miscellaneous
    • 63 16 Outlook for today: Showers in a few oreos in the early afternoon and in many areas in the late afternoon. Report tor 24 hours prior to 7 30pm on Dec 18 at the airport Maximum temperature 30.8 Associated humidity 67 Minimum temperoture 23.5 Associated humidity 92 Hours of sunshine 2.10
      63 words

  • SHIPPING TIMES
    • 540 17  -  By LINDA CHEE THE SINGAPORE Marine Department and Trade Development Board (TDB) have started talks on tightening the rules of the Singapore ship registry, following the recent ban on Singapore flagships in Australia. The acting Director of the Marine Department, Mr Teh Kong Leong, told
      540 words
    • 287 17 SEA-LAND Corporation has struck at Texas financier Harold C Simmons in two lawsuits charging Simmons and others, including in one case 11 named entities, with violations of securities laws, the Merchant Marine Act, and the RICO (the Racketeer Influenced and Corrupt Organisations) Act.
      287 words
    • 125 17 Reuter TWO GROUPS operating on the Far East/Japan/S--outh America/west coast route will reorganise their services to start a new joint service from March next year, shipping company officials said. Six shipping companies from the Andes Express Group, including three Japanese firms and the CSAV/TNE
      Reuter  -  125 words
    • PORTSIDES
      • 93 17 AFP POLICE HAVE found 92 kilograms of poppy seeds being smuggled in four sacks of cloves, the Antara news agency said. The seeds were found by East Aceh police being smuggled through the north Sumatran Port of Kuala Langsat. Three people had been arrested and were being
        AFP  -  93 words
      • 63 17 A TOTAL of 195 employees who have retired will receive their long service certificates after having served the Port of Singapore Authority for at least 20 years. The annual long service award presentation will be held on Dec 27 at the World Trade Centre auditorium. The awards
        63 words
      • 95 17 Reuter FOREIGN ORDERS received by Japanese shipyards in November rose to 13 vessels totalling 407,570 gross tonnes from nine ships totalling 243,944 gt in October, the Japan Ship Exporters Association said. Orders for 18 ships totalling 358,060 gt were received in November 1984. Deliveries left the foreign
        Reuter  -  95 words
    • 1220 18 APART FROM A slight expansion of reported US coal export fixing and a number of sugar orders, the London shipping freights market remained generally lethargic on Tuesday with the rate outlook depressed. In the US Gulf grain loading area. Kawasaki found the Sir John Fisher at th»> lower
      1,220 words
    • 595 18 Reuter THINK OF THE remotest part of the world the top of Everest, the middle of the Sahara and imagine sending and receiving instant messages there with no telephone, no radio and no telex. It can now be done. An international group based in London has
      Reuter  -  595 words
    • 134 18 BRITAIN'S shipmasters are warning that a fixed crossChannel link could seriously threaten safety in some of the world's busiest shipping lanes. All the present proposals for bridge or tunnel schemes pose navigational risks, says the committee representing the masters in NUMAST, the UK officers' union. The masters
      134 words
    • 283 18 Fairplay FOLLOWING THE success of its highly effective AMK2, the French company Chantiers and Ateliers de La Perriere has developed another new anchor. The Catagrip mooring anchor is said to have unequalled holding power, up to 500 tons even in soft sea-bed conditions.
      Fairplay  -  283 words
    • 680 18 AB Shpg V 5 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL i 2/3 ASCL i 1 Bolt-Canoda Line VI 4/5 Bolt-Orient Line VI 4/5 Bonk Line V 5 BBS 1 4/5 Bayswater Shpg IV 2 Ben Line Cont
      680 words
    • 281 18  -  Kingsley Wood AUSTRALIAN shipping technology stands up well with that of overseas countries but the industry has (ailed to keep pace with shipboard organisation and work practices. This is the main point made by an Australian maritime mission which recently studied the shipping industry of seven
      281 words
    • 214 19 MARINE SURVEYORS McLaren Dick Co have produced a wellpresented set of guidelines on the safe navigation of vessels at sea. The instructions are presented in four sections: the keeping of a safe navigational watch; charts and publications; bridge equipment; and log books, bell books
      214 words
    • 364 19 Bernama THE LACK of direct shipping connections between Sarawak, a world leading pepper producer, and consuming countries except Singapore and Japan is hampering efforts to promote direct marketing of the spice overseas. A national pepper conference in Kuching on Monday was told
      Bernama  -  364 words
    • 305 19 Seatrade Week THE 13-STRONG steering committee formed on Nov 18 to advise the private Tung Group on details of its financial restructuring plan, has begun reviewing an interim rehabilitation programme. First on its agenda is a revision of the interest payment package. Financial
      Seatrade Week  -  305 words
    • 165 19 Reuter THE ST LAWRENCE Seaway, plagued by problems this season, will remain open for as long as weather permits to allow ships still in the system to get through, seaway authority spokeswoman Gay Hemsley said. Hemsley said there are 24
      Reuter  -  165 words
    • 224 19 EASTERN ASIA Navigation, the publicly-listed shipping concern owned by Hongkong shipping magnate Sir Yue-Kong Pao, has announced an increase in interim profits of more than 24 per cent. The shipping group, which is undergoing restructuring and has been recently trimmed back to just
      224 words
    • 190 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.
      190 words
    • 110 19 SHIPOWNERS have been warned to be on their guard against a new wave of invoice frauds, by way of telex services they have not used. International Maritime Bureau director, Mr Eric Ellen, said in London recently that apparently "realistic" telex invoices were being sent out to
      110 words
    • 724 21 -1986 Jan 13-14 Offshore export opportunities. seminar. Royal Lancaster Hotel, London W2 (details: European Study Conferences, Kirby House. 31 High St East, Uppingham, Rutland, Leics. Jan 14 Lecture, "Merchant ship conversions the Falklands campaign," by J Hannah, organised by Nautical Institute (South West branch), 1900 hours, RNEC Manadon.
      724 words
    • 5469 24 aecaBGXDBiB 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
      5,469 words
    • 735 25 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Voy date/time Operator cargo schedule Location N Beryl 9W Ratana Bhum 50N Asia Star 43A Koi Moru 44 Tik Kiselev 48BW85 Nioga 42 SJ1985 Shang Cheng 21S22N Helene Del 8N Maj Sandev 8501
      735 words
    • 1653 25 The leading shipping lines operating from local ports and their agents. A-B A Top En««rpot« Pte Ltd Some (S) A 6 Shtpptnq Bousteod Shpg Agencies Afeo Line Africon Shpg Agencies (S) Ahrenkiel Lmer K«n Shpg (S) Alfred C Toepfer Oceonus Shipping A gencies (S) Multiport Sdn
      1,653 words
    • 964 26 ARGENTINA DM 3 Buenos Aires 27 vessels berthed, 1 loading maize. Rosario 10-15 days. 6 vessels in port, 4 anchored awaiting. San Lorenzo —1-2 days. 2 vessel berthed. San Nicolas 2-3 days. 3 vessels berthed. Nechochea 2 days. 2 vessels berthed. Bahia Blanca 1-2 days. 1 vessel berthed,
      964 words
    • 467 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Choco K17 Borneo alongside 19.12.85/2300 Jenhol K22 Thong Soon alongside 19.12.85/0700 Normannia K35 Kim Tdg alongside 19.12.85/0300 Primorje K16 Eastmount alongside 19.12.85/0500 V'slevholm K20 Barber alongside 19.12.85/1200 Auby K24E SSPL 19.12.85/1200 20.12.85/1500 Berlin K36 Trans Or 19.12.85/1400
      467 words
  • Page 17 Advertisements
    • 831 17 Monthly from Pitman Available at all good bookshops and newsagents llfiTimes 111 liyi Distributors Oment Oveiseas Container, Line PETAL NG lAYA T£l 71|5780 *****75/*****02 Tetei (to 1AA3784 PENANG f# 6?4144 Ttte. No MM0073 CfS *****6 PORT KEtANG Tel *****0 Te*n Ni 1****** CfS W *****9 STRAITS fUROPF FXPRTSS SfVICF *cjr
      831 words
    • 65 17 mm AN INTERNATIONAL group has developed a portable satellite which can transmit and receive text just about anywhere in the world. Page II THE LACK of direct connections between Sorowok and consuming countries is hompering efforts to promote direct marketing of pepper. Pag« 111 Index to odvertisers London freight Consortia
      65 words
    • 1060 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent i times ahead. forewarned will be forearmed $22.00. MAERSK LINE ffl KEEP YOUR APPLES FRESH TACOMA TO: SINGAPORE 19 DAYS S7 V PORT KELANG 22 DAYS 7/ FASTEST TRANSIT P«AHG 23
      1,060 words

  • Page 18 Advertisements
    • 420 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wast Pacific North Waat Faadar at Tokyo MHtar VSI LA/IB I Faadar at Koba Atlantic/Canada Faadar at Koba hmmt m a TOM a Also accepting LCL Cargo for USA Ports only. *«s«l TOHGO MAftU HI TO* BAT *27 TOKYO B>DGf VO2 OASIS ALTAR
      420 words
    • 263 18 ii Supercarrier Service MKT APWVAISBSRBtP I AMP* 15/12 N ROUEN //I BARWR If US 7/1 N ROSASIG 27/1 BARBfR PfRSfUS 27/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BMKK TIMS BMKR PflSB Mm acceptatf cartrs l« Houston (Mil). S Francnca Oakland. Stockton and San Diet* «ia L Angeles
      263 words

  • Page 19 Advertisements
    • 664 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd QC!L Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SHIP SERVICES TO/FROM BANGKOK 24 25 Dec 27 21 Dec 31 Dk 01 Un 03-04 l» ptGASiB prde PEGASUS PMX CONTAINERSHIP SERVICE TO UK/CONTINENT BANGKOK BORNEO
      664 words
    • 685 19 Franco Belgian Services .ir .i l rem S«t% ;< ith .ir I in (MEMBER OF ACE CONSORTIUM) cohtwo service 10 Earn STOK MaWK Lt Ham R dam F-Stoat Han B*Ha«on Ant Sf«N St AS WOO Sakd (IS Dk) tan 7 tan S tan 11 lai 12 tan 14 I Clt
      685 words

  • Page 20 Advertisements
    • 432 20 1 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriafe to Scandinavia. Med, Carribean IS. America Inland haulage to inland destinations in Europe S pan PKdanj Ponanf LcumißMmo Gwoa Hbw| Rdsn Bhi.w K«*« Thettws 27/12 31/12 25/1 2/2 BN Vonn 10/1 12/1 M/l 16/2 10/2 14/2 M 25/1 21/1 JO/1 »/3 »/2 FROM
      432 words
    • 301 20 m FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ ol Cooso t CR lOKTO m TIUCNOMD BMW 21* CKNA COmUO 33* c.R ruta 3w 25/ 12 (23/1?) 1/1 (JO/12) 8 1 (6/1?) 15/1 (13/1) FROM EUROPE VIA SUEZ J the Rce Consortium CI PARS a HONGKONG CONTMtR 471 OKCNTU OCT m
      301 words
    • 385 20 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX R*****1 A RJ R*****2 j t i: \sti: ItN \lf I.IVKU. I.TI). Specialist in RO/RO Service Accepting heavy-fifts upto 80 K/Tons Sailings from Japan Saings to Osaka and Yokohama S>n PKitani kudwf Mura KK stm mon vx 11» 1
      385 words
    • 1194 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) SGP HKG RSG lit flB m TTO ETO GOVERN 25/12 Til I? 1/1 4/1 J/1 7/1 EVER GLORY 2/1 c/l 7/1 VI 12/1 14/1 IVI no Gf TED 11/1 14/1 IS/1 17/1 25/1 22/1 21/1 DO GLEAMY 1»/1 22/1 21/1 25/1
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  • Page 21 Advertisements
    • 542 21 vO PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 KOTA RAJA KOTA WISATA KOTA WIRAMA KOTA RATNA KOTA ABADI EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: E-599 29-30/12 3-6/1 DJIBOUTI, HODEIDAH, PTSUDAN, AOABA E-601 14-15/12 20-24/12 ADEN, HODEIDAH, JEDDAH, AOABA, MOMBASA, NACALA, BEIRA, MAPUTO
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    • 777 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT COWTMNER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KKJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACIFIC I"sH! IIK 3/1 127/ IBSEN SOUTHLAH) 10S Noumea Audi lay Napier 1/2 5/? 7/2
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    • 651 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S'PORE CONTAINER HAM TWO >CR IIMK (MM Ml Sf(* NUWW 17 M V4/U H1? 1111/12 IMI/1J 14 15/1* 14-W/li 2171/17 COM Mi 27 W 2t/12 21/12 21/12 21/12 M/ 12 41,'* VPORF TO lAKARTA/SURABAYA CONTAINER SERVICE STORE 1 P*K* SUBABATA BUSAN MA
      651 words
    • 580 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadinf for Rangoon Spore Phashwegyawywa V26IN 27/29 Dec Lofcaw VIO6N 29/30 Dec Pa-an VB9H 28/30 Dec Paian V 94* 29/31 Dec BANK LINE EXPRESS SEH-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK 22 Dec 17 Jan 29 Jon
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  • Page 22 Advertisements
    • 901 22 ECUADOR/PERU/CHILE (((MR VSI MOIH(R WSi ASM SIM *43 IBM VSI Ci K LINE KAWASAKI KISEN KAISHA. LTD. PKIG PNG SPORI NACOYA GUAYAQUK CAUAO ARICA 20 Dec 22 Dec 24 Dec 12 lan 21 Feb 4 Mar IQOtQW Af AGASIA S AHIONtO VAIPARAISO S Mai 6 Mi. 7 Mar 9 Mai
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    • 329 22 T..!-T Accepting LCL and containariaad cargo** Diracl to South Africa Accepting Containers Only OSAKA MAftU 9324f HAYAKANA MAftU 9423F 12/1 13/1 24/1 25/1 12/2 13/2 IARDME SWUNG AGENCES (REG. *****4/ 00K) 70 SHENTON WAY #04 Oi MARINA HOUSE SINGAPORE 0207 tel *****11 TELEX NO RS ***** CES OFFICE IPC #03
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    • 658 22 3 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore PAelang Ppnang loading lot loading lot Ma*as/ B deth Hatta Calcutta Ma*as/B 4e* Hatta /CafcaMa Ma*at/B dnk Hatta Calcutta INDIA SERVICE Accepting FCL Containers and Conventional Cargo imgapoif PAHang Proang loading to< VISHVA ANURAG JO Dec Madras Vuat USA ATLANTIC/EAST CANADA
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    • 744 22 GOLDEN LINE GUM GUAN SHIPPING (PTE) LTD »«mt '""t Prowmciil Bint Buttnf 60 C*c4 Street SINGAPORE 0104 111 ??197»0 (10 IMS) STRAITS/PERSIAN GULF SERVICE: GOIKN HAVEN Colombo BjMd.n GOIDtN KM Latombo Ajraih. Dub* Doha 20/22 Dec 9/10 Un CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S REPUBLIC OF CHINA SEMI-CONTAINER/
      744 words
    • 272 22 INTRASEA (PTE) LTD. 10 Anson Road *27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) <► BREAKBULK SERVICE TB EUROPE/UK S pore P. Kelarif Loadnf lor FORI CARIETON *****70 Sated Sated ROT ANT/UK (AVON)/ BELFAST SOUTHERN PACFIC 88J5921 ?S/12 30/12 ROT/ANT/UK (AVON) Afditj Svippof t MTRASEA (PTt> ITD
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  • Page 23 Advertisements
    • 914 23 X NOL NEPTUNE ORIENT LINES LTD Agents S pofr NEPTUNE AGENCiS PTE lID 1(4 No «Hke lernvnal CIS BOOK*GS *****77 Fl CU AUSI IP* St A 77*9977 *****77 *****53 OR DBF CI IWS *****53 *****47 I Bjhiu HARPER WMA SOW BHD 7*loo P Mint HARPER WRA SOW BHD M 7701
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    • 587 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG. BUSAN, INCHON SPORI *GJNIS NfPTUNE AGINCIf S PTf ITO !H ?7|99/7,?/BM}4 (Booking ???7510 (Operation*) ??09?84 (lernwiilt ??0?4S0 ?W>o« (CFS) Mlimu 4GJNIS TUNAS y TIA SON BHD Kt IH *****0 *****4 PK Tel 389%4 PfN IH 3673/S 36/4/5 CEYLON
      587 words
    • 943 23 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUN.DWG 55. Market Street Sintapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** p. mm knmg M/S SNARKAT NAM SOON SON M>. IST AND 2ND FLOOR. MESSXS HAI THONG SHPPMG 127
      943 words

  • Page 24 Advertisements
    • 698 24 KcgiMial Container l-iiws SINGAPORE BANGKOK SERVICE ETA SMGAPORE tart/19 Dec 70/21 Dec 22/22 Ok 25/25 Otc 28/24 Dec 27/21 Dk 29/29 Dec 1/1 tan 2/3 tan 3/4 tan 5/5 tan 1/9 tan »/10 tan 10/11 tan 15/lt tan 16/17 tan 17/11 tan ETA/BANGKOK 22/23 OK 24/25 Dec 25/26 OK 27/29
      698 words
    • 77 24 QJ s FARGO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAIL INGb WEEKLY »cceptint both FCI and LCI: *ICL Car jots packed at private CFS Mon-Fri 9am 5.30pm Saturday Sam 12 30pm eid. Sun I Pub hob WEEKLY SERVICE TO HONGKONG. KEELUNG, KAOHSJUNG t JAPAN ETA Spore
      77 words
  • Page 24 Miscellaneous
    • 195 24 r A Regional Weather •f s* SI N -i I I z a 2 j' J \j£o£fiY m V PJ I Sf s us i'-^w 9 K Lv^ Si > 53~ AT sH 85 t i.N LS E£2fiSS f}« SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wmd
      195 words

  • Page 25 Advertisements
    • 121 25 MBC AGDICIS K. LUMPUR P. KELJMG PENMK P. GUDAMG 1. BAHMU LEOSMP SPORE *****M/*****56/*****41/*****93 *****1/4 TQMNN. 3U381/2 *****2/*****3/C*****/*****3 *****3/*****5/*****1/*****0 22tSSS/2211M/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 11 *''i r"M nrm ron rrTM rotn m 11 '^i/.V'-TTTTTTni.liil. 1 i.MCTTIBB idESBKHHtIiMOEI CHI BZ3 E3II H '.I'lPlinrHTiMfTM n.vniMimmmttMiMH ALSO ACCCFTMS FOR: MTROP. L. HARKE,
      121 words
    • 46 25 MY MEADOW BANK W MV TAMAITAI SAMOA V 6 Sinrtpori' COLUMBUS LINE REEDEREI GMBH fXPRFSS SFMI CONTAINER SfRVICF TO HUH ROI IF ROAM HAMBURG S'POltt MX HBG Hi-l 22/12 17/1 21/1 »/l 12/1 10/2 13/2 11/2^ SFAUON SHIPPING (Si PU IID SAKS BOfHONCS Ml 7,'OSftA! <* I**"*
      46 words
    • 178 25 LICOHNE Frencfi Lin* KSSB. REGULAR SEMI-CONTAMgR STOtt M/V ARMAGNAC V ***** M/V COM VAR VILS6 M/V CGM VELAY V2IS6 CALCUTTA 23/12 SEMJQN SMPPMS PIE LID. SMXS/BOOKMGS TEL *****11 (I LMS) i-J. >Jm+. -< ■>* Scan Dutch V -it*™ TO EUROPE (MEDtTERRANEAN-UK-NORTH CONTINENT -SCANDINAVIA) P KB-ANG PENANG MMfc/4b4 II MR/494 IBwi/474'
      178 words

  • Page 26 Advertisements
    • 111 26 DENMAR CHARTERING 4 TRYING. GMBH HAMBURG SPORE LOMNN6 FOR DEC 26 DURBAN VOY2 FEB 10 DURBAN I CAPETOWN L.N. SHIPPING PTE LTD 1 MARITIME SQUARE #12-19 WORLD TRADE CENTRE SINGAPORE 0409 T«fc *****11 TELEX R8 ***** WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/SfIAITS VISSUS SPO* (AS TQM MMS V k Flrt
      111 words
    • 346 26 Oi. v ,/jJ IV Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER ALTAI MARU ASTRA PEAK SEA ARCHITECH OCEAN ELITE 22 Dec Mombasa. Daressalaam 23 Dec Port Louis, Reunion 4 Jan Mombasa. Daressalaam 15 Jan Mombasa. Daressalaam AFRICA'S EARNEST VENTURE 19 Dec P.Notre. Abidjan. Apapa, Tema CONTINENTAL PARTNER 9 Jan P Notre.
      346 words