The Business Times, 16 January 1986
1986-01-16
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The Business Times
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Title Section12 1986-01-16 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, JANUARY 1«, 1986 75 CENTS12 words
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Article625 1986-01-16 1 ALAN LEE - Reduction of 10 percentage points in corporate tax rate proposed By ALAN LEE, Companies Editor THE GOVERNMENT has been asked to consider an immediate 10 percentage points reduction of the corporate tax rate to 30 per cent and, if necessary, to follow it up625 words
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537 1986-01-16 1 SINGAPORE is considering a permanent building for future aerospace shows, BrigadierGeneral Lee Hsien Loong, Minister of State (Trade Industry and Defence), announced yesterday. Speaking at the opening of the Asian Aerospace '86 exhibition, Brig-Gen Lee said the government would continue to support537 words
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306 1986-01-16 1 THE US and three of its major trading partners meet today to discuss counterfeit goods and to prepare for global trade talks planned for this autumn. US Trade Representative Clayton Yeutter will be joined by ministers from the European Economic Community, Canada and306 words
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Article, Illustration155 1986-01-16 1 PRIME MINISTER Lee Kuan Yew leaves today for a threeday visit to Burma at the invitation of his Burmese counterpart, Mr Maung Maung Kha. Besides Mrs Lee, he will be accompanied by Senior Minister S Rajaratnam; the Speaker, Dr Yeoh Ghim Seng; Foreign Minister155 words
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359 1986-01-16 1 IT WAS ONLY one year ago that American bankers were close to writing off billions of dollars in Argentine loans. But now, one major bank after another is reporting sharply higher profits, thanks in part to the interest earned from those some359 words
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Article, Illustration88 1986-01-16 1 A LATE BOUND of baying In the «fttnww helped to recover him sf the morning leases Incurred at the Singapore stock market yesterday, bat did nat stop the market frem dsslng Iswer far the fifth eaoaecatlve seastoa. The BT Campaalto Index fell 2.14 paints to 141.41 and the88 words
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334 1986-01-16 1 AFP PRIME MINISTER Prem Tinsulanonda yesterday carried out a minor reshuffle in his Cabinet, changing one full minister and six deputy-level positions. Commerce Minister Kosol Krairuek, who left office yesterday after failing to boost rice prices as he had promised angry rice farmers lastAFP - 334 words
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111 1986-01-16 1 Bernama SOUTH KOREA'S major textile exporters have set minimum limits on export prices in order to prevent excessive competition among themselves. A business source in Seoul said yesterday that the first Korean export price cartel had been formed at a recent meeting ofBernama - 111 words
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Article108 1986-01-16 1 Reuter SOUTH KOREA said yesterday it would change its laws and join an international convention to end the pirating of foreign authors' work in the country. Information Minister Lee Won-Hong announced that the government would propose to Parliament by April an amended Bill toughening measures toReuter - 108 words
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Page 1 Advertisements
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Advertisement116 1986-01-16 1 AER#SMCE'B6 Singapore Changi Airport January 15-18,1986 Organised by CB The Exhibition People Renewing old ties, Page 8 \\>» c G« So much better at Great Riafic 0 1 /4% FIXED DEPOSITS 1 month 5V«% 3 months 5V4% 6 months 574% 9 months 5V2% 12 months 5 3 /4% *24 months116 words
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Advertisement227 1986-01-16 1 ■BHBE SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV RADIO DOONESBURY BRISTOW OUR VIEW WORKING FOR THE GOVERNMENT hos often been likened to hoving on 'iron rice bowl' nothing glamorous, but unbreakable. In view of the heavy retrenchments in the local private sector, the iron rice bowl227 words
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Advertisement232 1986-01-16 1 Full report, Page 12 Int'l stocks, Page 10 Asian stocks, Page 11 That's iNCßedible! Latest news from NCR Singapore Jardine Matheson selects the NCR 1-9300 SuperMini system for Singapore streamlining On January 17, in processor with 2MB memory Singapore, jardine Matheson and 202.5 MB disk storage. Holdings (S) Ltd will232 words
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Advertisement64 1986-01-16 1 BEHIND EVERY SONY PRODUCT IS SONY Service \*****11 SONY THE ONfc AND ONLY Pasadena Rose Parade in colour SINGAPORE won top honours at the 97th Pasadena Rose Parade on New Year's Day. On page 5, BT reporter Goh Yee Ling, who is the reigning Miss Tourism, brings you a colourful64 words
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HOME NEWS
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443 1986-01-16 2 MARTIN SOONG - By MARTIN SOONG NOZZLES of F-5 fighter aircraft engines of Asean, South Korean and Taiwanese air forces will soon be repaired in Singapore by General Electric Aviation Service Operation (GEASO). Mr Robert Johnson, GEASO's managing director, said this was the result443 words
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Article391 1986-01-16 2 CHUANG PECK MING - By CHUANG PECK MING AN UNEMPLOYED PERSON who signs up with a union-man-aged job placement unit is likely to be a middle-aged male, has little education and previously earned at least $500 a month. This profile is gleaned from personal details of more than 2,000391 words
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238 1986-01-16 2 THE SHELL COMPANIES in Malaysia will boost exploration and development expenditure from Ms7oo million last year to a peak of $1.2 billion by 1987, said the company chairman, Mr Ric Charlton. Reviewing last year's performance, he said the company had produced an average 205,000238 words
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143 1986-01-16 2 TECHNICAL and marketing problems facing natural and synthetic rubber will be discussed during the Rubberplas '86 conference and exhibition at the World Trade Centre from March 12 to 14. The keynote address on "The US International Trade Situation and the Rubber Industry" will be delivered143 words
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Article126 1986-01-16 2 CANON IS OPTIMISTIC that it can maintain last year's sales and is introducing four new camera models this year to boost its turnover. The first two models, the AS-6 and the T9O cameras, were launched yesterday. About $60,000 to $70,000 will be spent to promote126 words
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222 1986-01-16 2 RAFFLES CITY is spending a whooping $12 million to furnish the giant suites in its two hotels, Westin Plaza and Westin Stamford. The smallest suite is the equivalent of six standard guest rooms, while the largest takes up the space of 12 guest rooms.222 words
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Article, Illustration155 1986-01-16 2 LUXURY CARS, coaches and lorries which once belonged to Lamipak Industries and its subsidiary, Panther Industries, are up for sale by public tender. The sale follows the winding-up of the two companies last Friday and the appointment of Deliotte, Haskins and Sells as the liquidators.155 words
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387 1986-01-16 2 ATTEMPTS to prop up the price of pigs by selling pork cheaply to boost demand seem to have partially succeeded. Prices of live pigs have risen about 10 per cent over the past few days. But while farmers are understandably pleased, those387 words
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Article129 1986-01-16 2 POPULATION EXPERTS from the Association of South-east Asian Nations will converge in Singapore for a three-day meeting from today to exchange views on the region's population problems. Participants of the ninth meeting of the Asean heads of population programme/country coordinators will talk about how to integrate129 words
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559 1986-01-16 2 THERE HAS BEEN much talk about the need for small companies to export but these businesses often encounter difficulties getting export financing from banks. As banks consider small exporters to be risky ventures, they generally charge them much higher premiums. Where export financing is559 words
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Article450 1986-01-16 2 (Chinese) 'h 'ix ..J H Z o i* fc 4k ;4 3t Lfl Ift f# m frfi-J rn liikh'h TO ,'h 11 mA: l« o WjH; *t'£ fMJftJft "gititfj f'J .451 Ifi'j ffiJftffiiasfc f|J *Itbk ft B <% 2. 5 if 3 fill P£ T fir W ttE <fe*4 7f450 words
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Page 2 Advertisements
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Advertisement208 1986-01-16 2 Kangxi Lounge m V ft c H* I? r> P i \f Marquez Chamber Strings Only $3* for a drink So what areyou waiting for? The Perfect Xotes A whisky f< >r only $3? I nbelievable but true, we re charging $3 for every drink (except premium brands), served at208 words
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OVERSEAS
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381 1986-01-16 3 UPI JAPANESE economic officials have said they were "not confident" that Japan could dramatically reduce its enormous trade imbalance with the US, in spite of mounting pressure from Washington. Yoshihiro Inayama, the chairman of the powerful Japan Federation of Economic Organisations (Keidanren),UPI - 381 words
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194 1986-01-16 3 Reuter THE OUTLAWED Communist Party of the Philippines yesterday denounced next month's presidential election as a swindle but said that it must be taken seriously. The party has called for a boycott of the Feb 7 poll, but its official journal Ang Bay an (The Nation),Reuter - 194 words
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519 1986-01-16 3 AFP JAPAN WILL BECOME the Soviet Union's most dangerous economic rival in coming years, and may overtake it if it does not greatly increase its growth rates, according to an influential Soviet economist. Japan has set two goals: overtaking the Soviets by 1990 andAFP - 519 words
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172 1986-01-16 3 AP INDIA'S myriad language disputes surfaced again on Tuesday when a judicial commission ordered a linguistic survey of Hindi and Punjabi-speaking villages which may be transferred under the Punjab peace accord. The Mathew Commission, hearing language and territorial disputes, has ordered a language censusAP - 172 words
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473 1986-01-16 3 SELWYN PARKER - By SELWYN PARKER in Auckland AN ENTIRE GENERATION of New Zealand businessmen, raised on a fixed exchange rate, will not forget 1985 in a hurry. That was the year when they had to deal with a floating currency and for most of473 words
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Article748 1986-01-16 4 ARRIVALS Operator Service Local From number time MAS MH605 1020 KUL CPA CX710 1030 CGK RBA BI421 1030 BWN GIA GA960 1100 CGK SIA SQ105 1105 KUL SIA SQ201 1145 CGK THAI TG403 1155 BKK SIA SQI9I 1155 PEN MAS MH682 1230 KCH GIA GA940 1235 MES748 words
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Article, Illustration520 1986-01-16 4 Fear that further decline may lead to panic AP MANY EUROPEANS feel that the price of the US dollar has now dropped enough and a further fall might lead to "panic reactions", a leading international financial authority said. Since the dollar peaked last FebAP - 520 words
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202 1986-01-16 4 Reuter THE DOLLAR has declined in value by about 20 per cent since last February and could fall another 10 to 15 per cent, US Trade Representative Clayton Yeutter has said. In a speech to a farmers' convention in Atlanta on Tuesday, Mr Yeutter saidReuter - 202 words
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197 1986-01-16 4 Reuter A HIRING AGENCY in an oil industry centre in Calgary, Alberta, has been deluged with calls from Canadians seeking jobs in Libya in spite of Canada's support of US sanctions against the Tripoli government. Roper and Associates president Bruce Roper saidReuter - 197 words
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298 1986-01-16 4 AP FOREIGN companies made 141 new investments in US manufacturing and 211 investments in the non-manufacturing sector during the first three quarters of 1985. The Conference Board, a private business-research group, said on Tuesday that acquisitions accounted for about twothirds of allAP - 298 words
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195 1986-01-16 4 AP US RETAIL SALES, spurred by a rebound in car demand, posted a 1.9 per cent increase last month, the biggest gain since September. At the White House, spokesman Larry Speakes called Tuesday's report "exceptionally good news". He added: "With sales boomingAP - 195 words
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329 1986-01-16 4 Reuter THE SOVIET UNION'S chief prosecutor has attacked Communist Party officials who thought they were above the law, and said much had to be done to eradicate corruption in the country. Alexander Rekunkov, writing in the party's monthly journalReuter - 329 words
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Article, Illustration62 1986-01-16 4 AMERICAN POP SINGER Madonna, who swept tha world laat year, ia wantad in Hongkong by tha Hong Kong Standard nawapapar (see picture). Madonna and Saan Pann, har actor huaband, ara in Hongkong for tha movie "Shanghai Surprise". They have a aurpriae in atore for newamen, however, for none62 words
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526 1986-01-16 4 AFP THE UNITED STATES, Japan and the 12-nation European Economic Community are joining hands to expand cooperation on advanced nuclear fusion, which could provide the world with an inexhaustible source of energy in the second half of the 21st century.AFP - 526 words
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266 1986-01-16 4 AP THE HEAD of the largest Dutch police union has advised his members "to pack up and run" in case of a terrorist attack, claiming they are insufficiently trained and equipped to fight terrorism. In the midst of a nationwide terrorist alert,AP - 266 words
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Page 3 Advertisements
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Advertisement60 1986-01-16 3 And remember In Raffles Place, with direct basement access to the MRT Column-free floors Advanced elevonic lift system Superb finishes Computerised security Spectacular views 6 Battery Road Standard g Chartered Standard C hartered Bank 6 Battery Road Singapore 0104 Telex RS ***** 225-8888 Sole Letting Agcnis 3H Jones Lang Wootton60 words
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Advertisement337 1986-01-16 3 >1) fc 1 4. >: "Wi 1 > TT" *T"~ •<»»':" 7 Introducing the TI Business'Prol All the power a small business ever needs to grow Any small business looking to grow tomorrow should take a close at the TI Business-Pro computer today. It gives you all the power you'll337 words
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Page 3 Miscellaneous
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Miscellaneous73 1986-01-16 3 Doonesbury ANfWf, THE ROTC COMAIANPER SEEMEP ID TAKE A REAL SHINE 10ME. ftIHOPING HE'LL BE J ABLE 10 PUT ME x 1 ON THE PROCURE- MENT FAST TRACK n4 s p YOU LAUGH PROCUREMENT IS THE FUTURE. rVSTHE EVERV ONLY MAY 10 BOY'S UjrTh DEFENSE CREAM. CONTRAC- TORS' x s#73 words
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Page 4 Advertisements
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Advertisement51 1986-01-16 4 -sS* .^,fi ak i M**^ e* cn^- s o' trn< l i < to T ne>o<%ef>Sl^ d H WWSm E Hotel Equatorial. Tel: *****31. yQfw 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. KAMPAOW T£l: *****15 /t r M,m.K|«-<t (a it,*" 3} fifti*/ CT .JH.ir.tri.jt51 words
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Advertisement56 1986-01-16 4 r NATIONAL UNIVERSITY OF SINGAPORE Presents PUBLIC LECTURE PROFESSOR ABDUS SALAM (NOBEL LAUREATE IN PHYSICS) LEE KUAN YEW DISTINGUISHED VISITOR THE UNIFICATION OF FUNDAMENTAL FORCES AND SCIENCE AND DEVELOPMENT IN DEVELOPING COUNTRIES WEDNESDAY. 22 JANUARY 1986 AT 5.30 PM LECTURE THEATRE 27. KENT RIDGE CAMPUS For enquiries, please call *****03,56 words
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Parade at Pasadena
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Article, Illustration946 1986-01-16 5 GOH YEE LING - Singapore carried off the top prize in the 97th Pasadena Rose Parade on New Year's Day and 125 million Americans were introduced to laughter Singapore style through the comic Monkey God. Singapore's Miss Tourism, BT reporter GOH YEE LING, braved the chilly morning to help946 words
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Article, Illustration551 1986-01-16 5 AN ESTIMATED 125 million television viewers Joined more than one million spectators, who waited along the Colorado Boulevard in Pasadena, California, in a New Year's Celebration of Laughter. That was the theme of this year's 97th Tournament of Roses Parade. With 22 marching bands blaring andColour pictures by Howard I. Nishimura - 551 words
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Page 5 Advertisements
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Advertisement193 1986-01-16 5 Celebrate The Difference Comfort. It's the little touches we put in to make you feel really at home. The thoughtfulness that says you're always our guest-of-honour. Warm, friendly and attuned to your needs, Pan Pacific Kuala Lumpur is the difference you'll not find elsewhere. From the very moment you step193 words
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BANKING AND FINANCE
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550 1986-01-16 6 Reuter RESERVE NEEDS rather than a desire to shift operating methods dictated the Federal Reserve's arrangement of term customer repurchase agreements on Tuesday for the first time since December 1980, economists said. The Fed entered the US government securities market around 1440 ESTReuter - 550 words
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166 1986-01-16 6 Reuter AMERICAN CONSUMER instalment credit outstanding increased a seasonally adjusted US$4.BB billion in November after a revised $8.13-billion rise in October. In September, credit rose a record $11.53 billion. At an annual rate, credit increased 11 per cent in November, compared with 18.6 perReuter - 166 words
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399 1986-01-16 6 Reuter AMERICAN BANK regulators, in a united bid to improve bank safety, are expected this week to urge changes in minimum capital standards, requiring institutions to raise reserves for risky assets. The Federal Reserve Board was expected to vote yesterdayReuter - 399 words
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258 1986-01-16 6 THE TOTAL consolidated revenue and profits of Japan's Nomura Securities Co hit a new high for the third consecutive year for the 12 months ended September last year. A statement released through Singapore Nomura Merchant Banking said total revenue amounted to 589.6 billion yen (US$2.9258 words
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160 1986-01-16 6 Reuter BRITISH TRADE and Industry Secretary Leon Brittan said former Council of Securities chairman Sir Patrick Neill will chair an independent inquiry into the Lloyds insurance market. The inquiry comes alongside legislation aimed at regulating the UK financial services industry. The legislation, the financialReuter - 160 words
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Article115 1986-01-16 6 AFP A PRIVATE trust company is to invest at least US$lOO million in the international capital market, the first Taiwan investment in the overseas money market. China Invest and Trust Company (CITC) would make the investment through a government-run bank, the International Commercial Bank ofAFP - 115 words
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Article47 1986-01-16 6 AP A JAPANESE bank will lend China 35.77 billion yen for Joint oil exploration in the Bohai Sea. The official news agency Xinhua reported agreements were signed on Tuesday in Beijing by representatives of the Im-port-Export Bank of Japan and the Bank of China.AP - 47 words
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Article, Illustration869 1986-01-16 6 SINGAPORE The US dollar closed slightly lower yesterday against most major currencies due to lack of buying interest. Trading was quiet throughout the day due partly to the closure of the Japanese market for a local holiday with operators also cautious ahead of this weekend's "group of five"869 words
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Article249 1986-01-16 6 Interbank rotes at 3pm yesterday: CunvnctM Nominal fed 1 rataa S Offer c nWttisoiilM roaa parity Locol dollars to one unit of foreign currency US dollar 2 1280 2 1290 2 8196 -24 53 Sterling pound ***** 3 0593 7 3469 -56 41 Austrobon dolor 1 4725 1249 words
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Article245 1986-01-16 6 Asian market ASIAN DOLLAR deposit rates closed steady at the opening levels in quiet afternoon trading yesterday. Short-dates firmed between 1/16 and 3/16 point at the outset. Thereafter rates remained unchanged; overnight closed at B>/t and week fixed at B'/i 8 3 n. depMtt rates us$ OH«f fcd 7 dor*245 words
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Article185 1986-01-16 6 HONGKONG: The metal closed higher yesterday in fairly quiet trading on late short-cover-ing. Traders were testing highs as the tension between the US and Libya showed no sign of easing. The US$34O-an-ounce level was expected to show strong support in the nearterm. Gold closed at the day's high of185 words
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Article305 1986-01-16 6 BA Futures MARCH EURODOLLAR opened unchanged yesterday from CME's closing level at 91.84 and traded slightly higher. Liffe opening saw firmer prices when some buy-stop orders were triggered. March Euro closed off the day's high at 91.88. Currency futures market was extremely quiet as the dollar marked time forBA Futures - 305 words
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Article69 1986-01-16 6 THE OVERNIGHT rate on the Singapore interbank money market rose by one point from Tuesday to end at s'<« per cent yesterday. The one, two and threemonth term rates rose by 3/16 point each across the board. S$ Interbank rates at 7pm yesterday: OHe. Bid Ovef»gh» 5 1/469 words
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Page 6 Advertisements
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Advertisement133 1986-01-16 6 NIGHTLY CONCERTS AT LE VENDOME :i r i: LOUNGL At Le Vendome Lounge where music always sets the mood for a totally relaxed evening, you will hear the beautiful strains of string instruments impeccably rendered by a 7-piece string ensemble. The Grand Ensemble now performs nightly with their delightful repertoire133 words
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RAW MATERIALS
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Article321 1986-01-16 7 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 157 00 158 00N 156 50 157 SON Int 1 RSS Feb 86 158 25 158 75 157 50 157 75 Int I RSS Mar 86 159 00 159321 words
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Article96 1986-01-16 7 (cents/kg, 1-ton pallets) p£g MAR 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 153 00 155 00N 153 50 155. SON SSR 50 151 00 153 00N 151 50 153.50N MRELB Buyers S#tl*rs Buyers Sellers SMR CV ***** 219 00N *****96 words
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Article255 1986-01-16 7 WHEAT FUTURES on the Chicago Board of Trade closed to 2 j 4 US cents a bushel lower on Tuesday. July ended near the middle of a 7'/«-cent range, down 2 3 cents at US$2.70 3 /4. New crop months dropped from the start following the sharp reduction in255 words
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Article1058 1986-01-16 7 COFFEE Robusta futures saw wide price movements on Tuesday but held at Monday night's levels in afternoon trading, eventually ending £1 to £5 a tonne below Monday's close. Dealers said movements in the afternoon in less active trading than of late were influenced by fluctuations on New York's1,058 words
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Article252 1986-01-16 7 OLD CROP SOYBEAN futures on the Chicago Board of Trade closed as much as s'/« US cents a bushel higher on Tuesday, while new crop dropped as much as two cents. March finished near the top of a 10 Vi-cent range. Traders' assessments of the Brazilian soybean situation differed,252 words
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Article66 1986-01-16 7 Bangkok Broken Rice 155 152 unq (US$/tomM, FOB) A-l Super A-l Special C-l Special White Rice C-l Ord unq 100% 1st class 280 Loonzain Rice 100% 2nd doss 255 100% 1st grade unq 250 100% 3rd class 250 100% 2nd grade 5% 10% 240 235 100% 3rd grade Parboiled66 words
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188 1986-01-16 7 Reuter THE LATEST rescue plan aimed at resuming glabal trading in tin verged n total collapse yesterday because of the reluctanee of the International Tin Council to commit itoetf to the Initiative. Delegates said the insolvent council began a aerie* of emergency sessionsReuter - 188 words
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Article214 1986-01-16 7 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 157.50 cents per kg, up 0.25 cent from Tuesday. The morning session ended 0.75 cent higher, after fluctuating uncertainly on short-covering and prof-it-taking in moderate trading. Prices lost ground in quiet afternoon trading on continued214 words
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Article67 1986-01-16 7 AFP SOUTH KOREA plans to export 2,000 beef cattle to Japan this year at a loss to bolster sagging domestic cattle prices caused by reckless imports three years ago. Officials of the Livestock Raisers' Co-operative said yesterday the first shipment of 60 cattle would beAFP - 67 words
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Article147 1986-01-16 7 Chinese Produce Exchange Sellers' noon closing prices on Jon IS (SJ/100 kg) Coconut oil Bulk FOB 70 00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier 735 00 520 00 462 00 whj uiurn ruD New drum FOB OJ uu 87 00 FOB NSW147 words
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Article177 1986-01-16 7 MALAYSIAN crude palm oil prices closed higher yesterday but were below the day's highs on buyer reserve, after the rebound in Chicago soyoil futures had boosted early levels. Reports of Pakistan's purchase of 12,000 tonnes RBD palm oil on Tuesday also aided the market initially. January deliveries in177 words
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Page 7 Advertisements
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Advertisement325 1986-01-16 7 Introducing Singapore's very own ALR 286 the price/performance leader in IBM PC-AT Compatibles Currently* V, the IBM FC-AT bt pnce LJ V < ''i Features: STANDARD ***** 16-bit CPU 8 MHz clock rate 512 KB RAM expandable to 2 MB on-board 1.2 MB Floppy Drive Single card, Floppy/ Hard Disk325 words
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FEATURES
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Article514 1986-01-16 8 THE GOVERNMENT'S decision to review yearly whether bonuses should be paid to civil servants is pragmatic in the context of the current economic conditions. That the decision will not be popular merely suggests that civil servants should not have taken that element of their remuneration for granted.514 words
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Article, Illustration1407 1986-01-16 8 JOHN LIM - Country keen to learn from Singapore's experience in economic development There are prospects for increased economic and trade relations between Singapore and Burma following the Prime Minister's visit there, but it is likely that Singapore will let the Burmese set the pace, reports JOHN LIM1,407 words
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Page 8 Advertisements
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Advertisement312 1986-01-16 8 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 business312 words
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Page 8 Miscellaneous
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Miscellaneous689 1986-01-16 8 CRYPTIC PUZZLE ACROSS 4 Nearly a 50 mafority (6) 7 A stiff one for a brave man' (5, 3) 8 Such tyres need air, lad' (6) 10 One sent to disperse envy with love' (5) 13 Indian tool' (4) 14 Substandard sleep? (4) 15 What farmers do in the meantime689 words
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SPORTS
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227 1986-01-16 9 AFP ENGLAND is ready to knock the West Indies off its perch as the world's top cricketing nation. "The West Indies has a tremendously powerful team, but I think that England might upset its apple-cart," said Tony Brown, the managerAFP - 227 words
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159 1986-01-16 9 AP AFTER A NIGHT of brawls at the Sydney cricket ground match between Australia and New Zealand in which two police officers were injured, 88 fans faced charges. Police said equal numbers of New Zealand and Australian cricket fans were arrested for theAP - 159 words
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Article, Illustration392 1986-01-16 9 AFP JOHAN KRIEK, the South Africanbom American No 12 seed, surprised even himself as he caused the first upset in the Grand Prix Masters tennis tournament at Madison Square Garden in New York on Tuesday night when he knocked out Australian Open champion StefanAFP - 392 words
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Article521 1986-01-16 9 WALTON MORAIS - By WALTON MORAIS FRESH from a not-so-successful Hongkong adventure, the Republic's national junior tennis squad leaves for Bangladesh today for another. A four-member squad of two girls and two boys is leaving to play in the Ershad International Junior championship in Dhaka on Jan521 words
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Article, Illustration323 1986-01-16 9 UPI GOLFING GREAT Arnold Palmer is making another charge. Only this time it concerns course design, not competition. "I view this project as the potential capstone to my entire career," he wrote to a business associate. The bent grass greens have beenUPI - 323 words
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Article, Illustration480 1986-01-16 9 AP LANNY WADKINS collected three titles, was second on the money-winning list and was named Player of the Year on the PGA tour last year. He's seeking improvement this year. "It was a good year, and it was close to being a greatAP - 480 words
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Article176 1986-01-16 9 AFP FORMER ARGENTINIAN international Ossie Ardiles has hinted that he might retire at the end of the season and return from London to his home country. The 33-year-old midfielder, unhappy with his recent form for First Division Tottenham, said he will quit if he cannot reproduceAFP - 176 words
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109 1986-01-16 9 UPI DENNIS CONNER has added an Olympic gold medal winner to has crew for the America's Cup challenge. Robbie Haines, 32, Newport, Rhode Island, will Join Conner and his San Diego-based syndicate at their training base in Hawaii in March. Haines won the gold medalUPI - 109 words
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Article70 1986-01-16 9 Reuter KENYA'S Safari Motor Rally has been cut by I,oookm and its start date has been put back three days. The decision by the International Motor Sport Federation (Fisa) has angered the rally organisers, the Automobile Association of Kenya (AA), which says the world championship eventReuter - 70 words
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Page 9 Advertisements
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Advertisement357 1986-01-16 9 NOTICES DCA PUS LTD (Meafcen* Vataatary NOTICE Of PINAL MEETINO NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 185) that the Pinal Meeting of the Members of the Company will be held at 110, Middle Road #00-02, Singapore, 0718 on Monday, 17th February, 1006 at357 words
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Page 9 Miscellaneous
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Miscellaneous1069 1986-01-16 9 THURSDAY FEATURE SPECIAL Alien 10.30 pm, Channel 5 A cargo spaceship returning to earth responds to an SOS call from an alien ship. But the crew members barely escape with their lives when they picked up a "hitchhiker", a mean monster who starts devouring the crew one by one 001,069 words
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INTERNATIONAL STOCKS
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349 1986-01-16 10 NYT APPLE COMPUTER INC has reported a 23.4 per cent gain in earnings for its first fiscal quarter, in spite of a 23.5 per cent decline in sales. The increase brought the computer company's profits to a record, only two quarters after AppleNYT - 349 words
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187 1986-01-16 10 Reuter FORMER British helicopter operator Alan Bristow said he had raised his stake in Westland PLC to about 14 per cent, making it virtually impossible for a USled rescue bid to go ahead. Mr Bristow said he bought an extra 2 per centReuter - 187 words
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325 1986-01-16 10 Reuter THE NEW YORK stock market on Tuesday finished mixed with blue chips suffering a small loss but gainers leading declines overall. Traders said investors were still a little gun shy after last week's sharp losses and some analysts advised buyers to waitReuter - 325 words
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Article178 1986-01-16 10 Imp CM 49* JAW 14 Abattx c* 15* hco Int Prov FSpe Int Ut* 19* 42* 20* H AJcon 42 >1* Kerr Add 16* -V% Aigomo 20 Lobtow 6 22* Argoen Hklgi Bonk Mont 32* Mo»ey Ferg Mc Blodet 3 23* Bonk Novo Scotio Bel Conodo BP Can Ltd178 words
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Article216 1986-01-16 10 JAM 14 and Unaec Woolworth 655 1400 unch unch INOUSTIIALS MININGS A Alpha 1020 -15 Mxfcom 235 15 Anglos snu yu *****6 unch 1600 -50 A£ And a Amaprop 930 510 30 unch Bhryoors Buff eh Charter AMIC 3800 inch -20 9305 40 Cons Gold 2100 -100 CNA 230216 words
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Article667 1986-01-16 10 JAM 14 US$ Aican Alumm Alcoa Alegheny Lud Atod Chem Cp AM Storm Afcs-Chalmers Am Brands Am Broadcost Am Can Co Am Cyanomid Am Elec Pw Am Express Am Hot* Prod Am Motors Cp Am Natural Gos Am Tel Tel Amo> Inc Amerada Hess AMF Inc Amr Corp667 words
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Article914 1986-01-16 10 Amsterdam JAN 14 Oi ABN ***** 5 Aapon ***** -07 Ahotd 82 50 09 A* jo 155 20 +2 AAtfV 93 10 +0 8 Afldoi Amro Bank 112 00 +1 8 Befkel 35 50 unch Boh Bofwi^ ZI ***** +2 Borate T«t 136 20 -1 3 Catand Catv*914 words
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Page 10 Advertisements
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Advertisement617 1986-01-16 10 MSqWiSWEr v-'i'K mam :ji H m v> i v^-sjs-w-'^kv\-r> d 8^ s •>.» >*: ;i v"**; i"o'V.» v > v >**2* V ->.' *S&- I >C #i=P r> It could only happen at Hotel Miramar... m ...The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening617 words
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Advertisement126 1986-01-16 10 London stocks on Pago 13 Cafe de Prince's JSK V delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14 (adult) and $10 (child). CRown ®PRfNCE HOTEL lINOAPOftC by frmtc nolrts Jjpjn Continuing the Prince Hotels tradition o( friendly service 270 Orchard Road Singapore126 words
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ASIAN STOCKS
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Article496 1986-01-16 11 HONGKONG: Stock prices closed marginally higher yesterday, aided by a late round of bargain hunting. The Hang Seng Index finished the day 1.43 points higher at 1,783.66 after dropping nearly six points earlier. Brokers said small investors and some overseas institutions returned to the market, lured by the 23-point496 words
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Article264 1986-01-16 11 JAN IS MT Lien Hwa Indus 1320 -0 5 Nan Ya Plas 31 40 -05 Al S»Kere t>dus 2 19 -Oil Pacific Cons 1890 -04 Asmj Cement 25 10 -04 Pocific Elect 14 55 Cathay Coos 29 70 -05 Wire unch Chong (-two Bank 43 80 -t-0.2 Pookjng Paper264 words
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Article509 1986-01-16 11 SYDNEY: Share markets closed firmer yesterday as the market absorbed the negative news of the past two days and industrial stocks continued their bullish run. At the close of trading, the All Ordinaries Index had risen 1.7 points to 1,050.6, the All Industrials Index 2.4 to a record 1,549.1509 words
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Article92 1986-01-16 11 JAN 15 Acote Mnmg Anglo Phrf P etm 0 001 unch Orientol B Phd«> B Picop B 0013 0 15 -0 001 -0 005 Ap«* Mnrg B AHo* Coo. B BoguK> Gold 0 0095 1050 0 001 0 0026 -0 0005 -05 unch unch Podco 6 Pog«i 18 5092 words
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Article155 1986-01-16 11 BANGKOK: The Securities Exchange of Thailand Index yesterday shed 0.77 to 134.57. Turnover amounted to 120,812 shares valued at 12.1 million baht. The Tokyo market was closed yesterday for Adult's Day. JAN IS ioktj Smxti C rt i en 58 50 3 AuVhom Thoi S»om City Awo FArc Cement155 words
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Article96 1986-01-16 11 JAN IS Won Hyundai Contt 1049 5 Hyundai Motor 1919 19 Bonk Seoul 649 -2 KAl 550 -5 Choheung 6k 632 -6 Korea First 700 unch Commerciol 8k 679 unch Yukong Korea Sh<> 1760 59 Doekm Ind 519 9 376 unch Doewoo Corp 493 3 Lucky Ltd 725 unch96 words
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Article147 1986-01-16 11 UPI POLAROID CORP and the Japanese electronics company Toshiba have teamed up to manufacture an instant video film recorder that will capture television images and transfer them into print or slide form. "It makes high quality instant colour slides or prints from video images inUPI - 147 words
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282 1986-01-16 11 AFP A MEMBER OF the Control Yuan, Taiwan's highest supervisory body, has urged financial authorities to correct alleged irregularities in Cathay Life Insurance Co Ltd. Mr Chen Han-Chen said in a report on an investigation he conducted last year that the company, theAFP - 282 words
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266 1986-01-16 11 Reuter INDIA WILL OFFER attractive terms to foreign oil companies to encourage them to make new bids to explore oil in the country's offshore and onshore areas. Petroleum Minister Nawal Kishore Sharma said: "The terms and conditions for a new roundReuter - 266 words
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146 1986-01-16 11 AFP ABOUT 358 companies from 28 countries are to participate in the Defence '86 military hardware exhibition beginning in Kuala Lumpur on Feb 18, its organisers announced. Henry Lee, the chairman of Interexhibition Management Services (IMS), said 70 French and 60 British companies would beAFP - 146 words
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160 1986-01-16 11 UPI FORD LIO HO Motor Co plans to break into the international car market this year with exports of 15,000 compact cars to Canada. A spokesman for the Taiwanese company said the cars to be sold in Canada would be the 1,300 cc andUPI - 160 words
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Page 11 Advertisements
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Advertisement196 1986-01-16 11 T-r^rr Wfr\ite» 3W*-V 2 1 I l"M 1 B MM Ml Ift ■E&y ®L gfc^C;4M Is in? The KDNpresents FI77JCAL Showtime at the lON takes on a very FIZZICAL approach. Julia, Karen and Trevor put on a non-stop show that goes from comedy to nostalgic rock and roll, to a196 words
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Advertisement109 1986-01-16 11 during lunch or dinner is on the house 1 And that goes for any beer or soft drink too between January Ist and March 31st Call 732 1222 ext. 1589 for reservations See you soon Cheers' Ample free park i ng Century Park Slieralon Singapore SHeraton Motels inns A 9eso"s109 words
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Advertisement165 1986-01-16 11 Excehior Rtdaetie This Month's Special Delight Nonya Buffet Lunch Jan 2 31 (Daily except Sundays) Adult: $14 Child: $8^ plus Exciting Fashion Show Every Friday Showtime: 1.15pm (gwjj) S-VG U I tdb; iZXCCtnor Motd 5 Coleman Street. Singapore 0617. Tel: *****33 C 3 Wf f Exclusive Pool Membership for only165 words
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Advertisement80 1986-01-16 11 DELICIOUSLY HYATT 111 PLUM'S niiiiiiiiniiiiin Plum s! Spacious, spread out and contemporary. You'll find the best of local and western cuisine there's also a buffet station with an excellent assortment of Chinese. Indian and Malay dishes. Plus a delightful children's Menu. And don't miss dessert it's ice cream galore! Hyatt80 words
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Advertisement101 1986-01-16 11 $12.50 Children below 1 2 years old $9.00* BUFFET" LUNCH COMBINING THE BEST OF EASTERN WESTERN DISHES TO L U<.: 1\ It Lv if m Lunch Hours: 12 noon 3pm 10% service charge 3% government tax not included 19, Cairnhill Circle. Singapore 0922 Tel: *****22 Telex RS ***** Take your101 words
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SHARE INFORMATION
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Article, Illustration4435 1986-01-16 12 SHARE PRICES on the Singapore stock market slid for the fifth consecutive session yesterday in quiet trading. The BT Composite Index (ell 2.64 points to 540.49 and the Straits Times Industrial Index dropped 4.06 points to 629.94. Brokers again bore from another day4,435 words
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Article270 1986-01-16 12 SINGAPORE Rises lndic«t 340 38 Jw> 14 15 Aofcoai IT Compovt* 543 13 540 49 Roiy Elocl 280 30 •T Mcat« *****99 *****82 U 0 334 6 •T OS/OS +42 -41 FAN 585 5 IT CAtX -6454 -6506 -*****8 FILS 185 4 ITOtV *****7 (lK 50« 231270 words
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Article2674 1986-01-16 12 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".2,674 words
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Article280 1986-01-16 12 r Monogers' prices tor J on 16 MARA-Bumiputra First 8'putro 4 62 4 67 Singapore Unit Trust Second B'putro Third B'putro 4 34 4 39 356 361 The Commerce 0 96 1 02 Fourth B'putro 3 87 3 92 The Savings Fund 0 82 0 87 Fifth B'putro280 words
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Article117 1986-01-16 12 HONGKONG Tuesday 1546 9 Week ago 1539 4 Hang Seng Index Wednesday 1783 66 Tuesday 1782 23 NEW YORK Week ogo 1826 84* Dow Jones Tuesday 1519 04 TOKYO Monday 1520 53 Week ogo 1565 71 Nikkei Average Wednesday Closed Tuesday ***** 60 Week ago ***** 42 Standard117 words
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COMPANY NEWS
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Article805 1986-01-16 13 mm*» By HOCK LOCK SIEW SEEKING THE TRUTH about what's going on in Promet Bhd is like peeling an onion more of the truth is gradually revealed as each layer comes off. What has surfaced so far are only shades of the truth, coming out inBy HOCK LOCK SIEW - 805 words
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Article615 1986-01-16 13 SHARE PRICES drifted listlessly on the Kuala Lumpur stock market yesterday as investors adopted a"wait and see" attitude, keeping clear of the market for the greater part of the day. Most industrial stocks eased. Only selected stocks in the plantation and finance sectors attracted615 words
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Article2485 1986-01-16 13 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. MDUSTRIALS Ajinomoto (2 506) A Choc (2 266 2 50S)2,485 words
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534 1986-01-16 13 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI ALTHOUGH Cycle Carriage Ltd is aiming to be a well-diver-sified conglomerate within the next 10 years, the company is still very much committed to its mainline motor vehicle business with 5155 million invested in vehicular operations. But the company's traditional activities534 words
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Article228 1986-01-16 13 METAL CONTAINERS LTD has reduced its stake in a high-tech marketing company, Advanced Matrix Technology, Inc. The company disclosed to the Stock Exchange of Singapore yesterday that the US-incorpo-rated AMT Inc has issued and sold 11.55 million units of its series B convertible preferred stock at228 words
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Article1055 1986-01-16 13 THE MARKET was mostly higher yesterday morning in small turnover in a technical reaction to Tuesday's shakeout over fears of a possible increase in UK base rates. At 11am, the FT 30 Index was up 4.1 points at 1,096.4 and the FTSE 100 Index was up 5.0 points1,055 words
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Page 13 Advertisements
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Advertisement122 1986-01-16 13 TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Article 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 31st Dec 1985, regarding the beneficial ownership of the issued share capital of the Bank held by foreign persons constituted122 words
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Advertisement111 1986-01-16 13 Clariden Bank A wholly-owned subsidiary of Financiere Credit Suisse-First Boston, one of Europe's most influential banking groups, is pleased to announce the opening of its Far East Representative Office Clariden Bank offers highly personalized investment management services to selected individuals. For further information, please write in full confidence to the111 words
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678 1986-01-16 14 Promet chief executive said to have agreed to deal MBT PENANG-BASED businessman Datuk Mak Kok is suing Promet chief executive and managing director Datuk Brian Chang for specific performance of an oral agreement over the sale of 100 million Promet shares or aboutMBT - 678 words
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Article138 1986-01-16 14 THE SINGAPORE Association of Shipbuilders and Repairers (Sasar) yesterday paid tribute to the late Chua Chor Teck, crediting him with turning Keppel from a medium-sized shipyard to a large industrial concern. Mr Chua, Keppel's group managing director, who passed away last Monday, was remembered138 words
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Article64 1986-01-16 14 THE NORWEGIAN Prime Minister, Mr Kaare Willoch, arrives tonight for a three-day official visit. He will pay a courtesy call on President Wee Kim Wee and his wife tomorrow morning at the Istana. In the afternoon, he will meet Acting Prime Minister Goh Chok Tong. Mr64 words
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Article, Illustration385 1986-01-16 14 PRICED AT HALF of IBM's top-end personal computer, the newest made-in-Singapore computer has already received orders for more than 4,000 units from all over the world. So far, only a dozen units of the ALR 286 a top-end personal computer compatible with IBM's Advanced385 words
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Article, Illustration305 1986-01-16 14 AP SOVIET FOREIGN MINISTER Eduard Shevardnadze told his Japanese counterpart yesterday that Japan should be cautious about US requests for participation in the space weapons research on the Strategic Defence Initiative. A Japanese Foreign Ministry official quoted Mr Shevardnadze as havingAP - 305 words
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Article91 1986-01-16 14 AP THE CHINESE government said publicly for the first time yesterday that the Soviet Union had, for many years, proposed a mutual non-aggression treaty and that China had categorically rejected the idea. A Foreign Ministry spokesman in Beijing repeated China's stand that political normalisa- tionAP - 91 words
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415 1986-01-16 14 LEE HAN SHIH - By LEE HAN SHIH THE AMOUNT of vacant commercial properties in the public sector increased by about $230 million in the six months ended September 1985 to an estimated $1.33 billion. Latest official figures showed that the public sector was successful in marketing415 words
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219 1986-01-16 14 THE NUMBER of vacant residential properties in Singapore rose by 20 per cent to 6,875 in the six months ended last September. Eight in 10 were flats and condominiums, according to a Ministry of National Development survey of occupancy rates released yesterday.219 words
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Article345 1986-01-16 14 AFP MALAYSIA'S opposition Democratic Action Party yesterday asked the government to convene Parliament to table and debate a white paper on the final report of an inquiry into the BMF scandal. DAP Secretary-General Lim Kit Siang said that the government's credibility could be damaged ifAFP - 345 words
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199 1986-01-16 14 Reuter A CHINESE LEGISLATOR has criticised a law aimed at attracting overseas investors by spelling out their rights, saying that it did not provide penalties for foreigners. The overseas edition of the People's Daily yesterday quoted Fan Xixian as having said that the legislation protected foreignReuter - 199 words
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Article99 1986-01-16 14 Reuter COMEX GOLD FUTURES rose sharply on general buying yesterday morning in response to a surprise upswing on the London gold market. Gold for February delivery jumped up US$6.BO to $347.80 an ounce, with heavy stop loss buying surfacing on a penetration of last week's highReuter - 99 words
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Article65 1986-01-16 14 Reuter THE NEW YORK stock market edged higher in early trading yesterday, with the broad market moving up for the third day in a row. The Dow Jones Industrial Average of 30 stocks was up a fraction to 1519 after Tuesday's small drop. Advances led declines byReuter - 65 words
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LATE FILE
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42 1986-01-16 14 AFP ARAB BANKING Corporation, one of the 16 institutions owed about £350 million by the debt-ridden International Tin Council (ITC), has begun legal proceedings for the repayment of £15 million it lent to the council. AFPAFP - 42 words
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Article58 1986-01-16 14 Reuter SOUTH KOREAN President Chun Doo Hwan pledged yesterday to stand down at the end of his seven-year term in 1988. In a speech marking the fifth anniversary of his ruling Democratic Justice Party, Mr Chun ruled out opposition demands that the constitution be changedReuter - 58 words
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39 1986-01-16 14 Reuter SRI LANKA will grant citizenship to 94,000 stateless people of Indian origin who work mainly on the island's tea plantations. Plantation workers had earlier begun a prayer campaign to push for citizenship. ReuterReuter - 39 words
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Article57 1986-01-16 14 Reuter A HARD-LINE Muslim preacher was jailed for 14 years by an Indonesian court yesterday for delivering subversive sermons. Mawardi Noor, 67, a member of parliament in the late *****, was found guilty of undermining the state and creating hostile feelings against the government inReuter - 57 words
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Article56 1986-01-16 14 Reuter INFLATION in the main non-communist industrial nations rose an average 0.2 per cent in November after a 0.6 per cent rise in October. But annual consumer price inflation in the 24 OECD member nations edged up to 4.5 per cent in November from 4.3 inReuter - 56 words
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Article60 1986-01-16 14 Reuter THE JUDGE in the trial of three Sikhs charged in connection with the murder of Prime Minister Indira Gandhi said yesterday he would give his verdict on Jan 22. Judge Mahesh Chandra adjourned the trial 247 days after the hearing started in aReuter - 60 words
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Article46 1986-01-16 14 Reuter BRITAIN'S average earnings rose 8.6 per cent in the year to November compared with 6.0 per cent in the year to October. The Employment Department said the index was set at a provisional, seasonally adjusted 175.9, base 1980, in November. ReuterReuter - 46 words
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Page 14 Advertisements
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Advertisement127 1986-01-16 14 6th Offshore South East Asia 28-31 January 1986 World Trade Centre Singapore Sponsors v"w .1 Iml a rj Exhibition Over 600 companies from 17 countries 10 National Pavilions 3 Exhibition Halls filled with state of the art exhibits 3Sm. V Society of Petroleum Engineers Southeast Asia Petroleum Exploration Society Society127 words
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Page 14 Miscellaneous
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Miscellaneous58 1986-01-16 14 Outlook for today: Fair, except for showers in o few areas in the late afternoon. Report for 24 hours prior to 7 30pm on Jan 15 at the airport Maximum temperature 31.2 Associated humidity 64 Minimum temperature 23.5 Associated humidity 91 Hours of sunshine 7.60 Rainfall in millimetres nil Rainfall58 words
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SHIPPING TIMES
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Article, Illustration445 1986-01-16 15 JUNE LIM - By JUNE LIM WORKERS AT Greatlines Yachtbuilders will have their hands full this year turning out crafts for the wealthy. Work on a 108-ft yacht is in progress while construction on a second will begin in March. By then the yard will be working at445 words
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264 1986-01-16 15 SAUDI ARABIA has reduced its chartered floating storage fleet to less than one-third of last year's peak levels. Tanker market sources told Lloyd's List that only 10 very large crude carriers totalling 2.6 million dwt remain. All are in the Southeast Asia region,264 words
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157 1986-01-16 15 Reuter MIDDLE EAST states and international shippers have clashed over responsibility for preventing oil pollution in the Gulf area, said Norwegian shipowners. The Organisation of Arab Petroleum Exporting Countries (Oapec) has proposed that tankers be required to carry their own cleaning systems to removeReuter - 157 words
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PORTSIDES
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Article124 1986-01-16 15 THE FIRST week of 1986 ended with lower utilisation rates for offshore mobile rigs. Offshore Data Services reports that the rate for US Gulf of Mexi-co-based rigs fell 0.8 points to 75.8 per cent with 61 rigs idle and 191 contracted. Jack-up rigs continue to dominate124 words
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Article90 1986-01-16 15 Reuter KANGAROO LINE of Australia discontinued service to the US because of financial difficulties, industry sources said. The line's US operation consists of five bulk carriers totalling some 160,000 deadweight tonnes hired from shipowner Wah Kwong and Co HK Ltd. Wah Kwong president Frank Chao saidReuter - 90 words
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Article1237 1986-01-16 16 FAIRLY ACTIVE timecharter business featured an otherwise dull freight market on Monday with no fresh grain chartering seen on the significant US Gulf to continent and Japan routes. Chinese charterers fixed an 18,000 tonner from Priolo to China at $3,100 daily and $2,700 daily was paid for a1,237 words
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859 1986-01-16 16 Bernama THE PENANG Shipbuilding Corporation (PSC) seems to be in "dire straits." The recession is forcing the state-owned corporation to drastically cut aown on its operations and seek new ventures to sail through the difficult times. The corporation, which saw a boomBernama - 859 words
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Article, Illustration321 1986-01-16 16 Reuter SIX NATO NAVIES have agreed to cooperate on research and development of an innovative ship which rides on an air cushion, the alliance said. Britain, Canada, France, West Germany, Spain, and the United States are to collaborate on the surface effect ship, code namedReuter - 321 words
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Article652 1986-01-16 16 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL HI 1 Bolt-Canada Line VI 4/5 Bait-Orient Lme VI 4/5 Bonk Line V 5 B8S N 4/5 Ben Line Cont652 words
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102 1986-01-16 16 AFP A SHIPMENT of oil exploration equipment destined for Libya left Nova Scotia after being held over the weekend by customs officials. The Canadian government banned sales of high technology and oil exploration equipment to Libya on Friday, but the foreignAFP - 102 words
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302 1986-01-16 16 Kingsley Wood - By Kingsley Wood MELBOURNE-BASED Central Shipping Organisation has shortlisted six shipyards four in Japan and two French to build the first two tankers that will carry early North-west Shelf LNG production to Japanese customers. They are Kawasaki, Mitsubishi Heavy Industries, Ishikawajima Harima302 words
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178 1986-01-16 17 Reuter CONSOLIDATED Rail Corp (Conrail) said fourth quarter net income is expected to reach US$llO million, up from $90 million a year ago. Net income for the full year will approximate $440 million, off from the $500 million in 1984. The improved fourth quarter "isReuter - 178 words
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357 1986-01-16 17 Reuter INVESTOR HAROLD Simmons, who has waged a takeover battle for Sea-Land Corp, said he will stop buying the company's stock and begin efforts to gain control of the company by winning a majority of positions on its board. Simmons said in a letter toReuter - 357 words
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230 1986-01-16 17 Lloyd's List BULK SHIPPING is beginning to move in the right direction for eventual recovery, claims Londonbased broker Eggar Forrester in its latest report. More dry bulk cargo is being shipped, creating extra work for vessels over 40,000 dwt. Steel production is increasing, whichLloyd's List - 230 words
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200 1986-01-16 17 AFP THE FIRST shipload of imported gasoline arrived in the Pacific coast port of Yokkaichi in central japan from China on Tuesday following the lifting of a ban on petroleum imports last week. The 3,335-ton Chinese tanker Jian She brought 5,800 kilolitres (36,500AFP - 200 words
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Article773 1986-01-16 19 AUSTRALIA Jan 2 Queensland Cairns, Mourilyan, Cape Flattery, Townsville, Mackay, Hay Point, Dalrymple Bay, Abbot Point, Gladstone Working normally. Brisbane Berthing congestion at grain terminal. Labour available. New South Wales-Newcastle Coal. 2 vessels loading, 4 waiting. 21 due by end January. Grain: 1 vessel loading, 2 waiting, 2773 words
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Article253 1986-01-16 19 Jan 20 Seawell series of maintenance support vessels, 1730 hours, Institute of Marine Engineers, 76 Mark Lane, London EC4; and Jan 21 at 1815 hours, Sunderland Ploytechnic, Sunderland. Jan 20-21 Conference, "Oil and hazardous substances accident experience in ports and at sea," St Ermine's Hotel, London SWI. Jan253 words
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5356 1986-01-16 22 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 Singapore.5,356 words
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Article785 1986-01-16 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Lexa Maersk 8602 20 1 86 2330 Maaersk F5 1430-1530/1330-1430 A1/B1 1230-1330 Fl Helene Del 8S 16 1 86 2330 Borneo Fl 1100-1200/1400-1500 U4 S A Vaal785 words
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Article1650 1986-01-16 23 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprise* Pte Ltd Some (St A 8 Shipping Bousteod Shpg Agencies Ateo Line Afr»con Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping A gerKies <S) Multiport Sdn1,650 words
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Article555 1986-01-16 24 AT CONVENTIONAL WHARVES VmnI Barth Arrival Departure KEPPEL WHARVES Equator 4 K22 alongside 16.1.86/0200 Fenghang K15 alongside 16.1.86/2300 Ibn Hayyan K9 alongside 16.1.86/0700 Rajah Brooke K25W alongside 16 1.86/1800 River Gurara K12 alongside 16.1.86/1100 S'thern Glory K27 alongside 16.1.86/0600 Sylvo KI7 alongside 16 1.86/1200 Alrazi K11 16.1555 words
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Page 15 Advertisements
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Advertisement791 1986-01-16 15 Monthly from Pitman Available at all good bookshops and newsagents mfe* ents OQCL Orient Oveiqeas Cohtaim\ Line lAROVC SHPPttG AGfNCES (Ret No *****4/ 00*) 70 Shenlon Wa» -04 03 Marina House Singapore 0207 IH *****11 TtIFX NO RS ***** CPS OFFICE IPC #03 029 lei *****31 and *****32 Terminal ottice791 words
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Advertisement65 1986-01-16 15 aaanpß THE PENANG Shipbuilding Corporation (PSC) seems to be in "dire straits." Page II INVESTOR HAROLD Simmons, who has waged a takeover battle for Sea-Land Corp, said he will stop buying the company's stock and begin efforts to gain control of the company. Page 111 Index to advertisers II Shipping65 words
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Advertisement1108 1986-01-16 15 A ha»d lOOK ai iwndi II will take to succeed in business for the next 20 years With turbulent times ahead forewarned will be forearmed $22.00. THE BOOKSHOP MAERSK LINE MAERSK SERVES THREE UK PORTS SINGAPORE/TILBURY 19 DAYS SINGAPORE/HULL 19 DAYS SINGAPORE/GRANGEMOUTH 22 DAYS S pore EXPORT TO USA. EUROPE.1,108 words
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Page 16 Advertisements
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Advertisement497 1986-01-16 16 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Mother VSI LA/LB OH YAMASHN M 22/2 25/2 S KASHU M 1/3 4/3 P ARROW 1/3 11/3 BEISHU M 15/3 IS/3 Pacific North West Feeder at Kobe Mother VSI SAT VCD CALFOMM V 25/2 2t/2 TOKYO497 words
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Advertisement266 1986-01-16 16 T < Supercarrier Service I-. ICTIC7" n tOUCN B IMP* N ROSMHO BMKR TIUS KIT AfHHVAIS N ROSARK) 27/1. BARBFR PfRSOIS 27/1. B HECTOR 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 27/2 1/3 1/3 9/3 11/3 27/1 29/3 23/2 25/2 4/3 6/3 14/3 16/3 23/3 25/3 Mm266 words
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Page 17 Advertisements
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Advertisement826 1986-01-16 17 The Straits Steamship Group OCX Mansfield Container Shipping Pte Ltd Overseas Containers Limited [CONTAINERSHIP SERVICE TO UK/CONTINENT Also Accepting rumour t to Rotterdam to Bremertiaien to Southampton to 20/1 22/1 M/ 2 11/2 13/2 21/1 21/1 17/2 15/2 21/2 05/2 07/2 24/2 26/2 21/2 11/2 13/2 02/3 04/3 06/3 22/2826 words
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Advertisement826 1986-01-16 17 U'.'-x"— k JZ+i t PtoUdatphw r Double Time! Right on Time! Mitsui O.S.K. Lines brings the American heartland days closer to Asia. To help Asian shippers reach the important Midwest and North Eastern SeaPoard markets of the USA faster (and viceversa.) Mitsui O.S.K. Lines containerships connect with special double-stack unit826 words
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Page 18 Advertisements
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Advertisement686 1986-01-16 18 jicSline Hapag-Uoyd TO CONTINENT/UK EXPORTS On carriage to Scandmavia, Med. Catribean ft S. America Wand haulage to inland destinations in Europe S pore PKetonfPeiung leiioesEMbio Genoa Hbur( Rdim Winer A «rerp Al Mue**uh 1/2 11/2 12/2 1/3 19/3 15/3 12/3 BN lama 10/2 14/3 11/3 7/3 Soplw Rickmrn 1/3 10/3686 words
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Advertisement602 1986-01-16 18 ML Hai Sun Hup Co (Pte) Ltd m J"EL *****06 (20 Lines) TLX RS ***** &RS ***** IB EASTERN C AR I INER. I TO. Specialist in RO/RO Service Accepting heavy-Sfts upto 80 K/Tons Sailings from Japan V«ul S port PKrtmf Mt*> KR PKfCI mm W I *72 M SafcO602 words
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Advertisement690 1986-01-16 18 r a EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KIG IB OS* TYO DSN fVER Gil AMY EVER GRAN) 19/1 23/1 24/1 20/1 29/1 31/1 1/2 20/2 EVER GRAN) 25/1 29/1 30/1 1/2 4/2 0/2 7/2 20/2 EVER anus 31/1 4/2 5/2 7/2 11/2 12/2690 words
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Advertisement192 1986-01-16 18 MSI NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Singapore loadhj tor RAN EJTEHM) 24/1 B ABBAS MAN MEYSAN 8/2 do KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC S«R£ PKoUnf Lm*ic (or KYOWA COSMOS 23/1 0. COURMEX AGENTS SWGAPOOf PORT KELANG 6/2 Lac, f.192 words
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Page 19 Advertisements
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Advertisement313 1986-01-16 19 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL FIJI COLUMBIA STAR 31 lan 12 Feb 14 Feb ESPERANCE BAT 12313 words
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Advertisement207 1986-01-16 19 THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S'pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK 9 •EQUATOR M SK 2/86 •EQUATOR M SK 3/86 JENSON SS 2/86 SINGAPORE TO SABAH PORT •JENHOL SKK 2/86 •JENHOL SKK 3/86 •EQUATOR IV SIB207 words
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Advertisement570 1986-01-16 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAHER SERVICE FROM UK/CONTINENT Osaka Bay Saied Kjuifi Maru Sato Bena»on Sato Honfkonf EipressSaM Koutoor Bit Sato Benalder 19/1 CHy [Mutt 24/1 Franklurt [iprns 31/1 To* 10 fipress 7/2 8 HAVEN II DAM S ato SiM Sato Sato S ato Sato570 words
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Advertisement626 1986-01-16 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE BUSAM TOO I OH II UK RAOH STOK v?m i/i t/i li/i 14/1 is/i n STORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAIAPAMI V7M StItABAYA BUSAN i EXPRESS SEMI-CONTAINER SERVICE TO EUROPE WEST BOUND STORE ADAM PDAMU ITRtt BRMR ocean626 words
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Advertisement424 1986-01-16 19 BOUSTEAD SHIPPING AGENCIES r BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) loading for Rangoon Spore Phashwetyawywa V262W 17/18 Jan Pa-an V9o* 27/29 lan Pajan V9SW 29/31 lan Htoneywa V2OSN 7/9 Feb PKeianj Penanj 24/25 Jan 21/22 lan BANK LINE EXPRESS SEMI-COWTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG 27424 words
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Page 20 Advertisements
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Advertisement1325 1986-01-16 20 [j K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEEDER ¥Sl MOTKR VSI ASIA STAR »44 TBN VSI STOW PHIG PUG STOW NAGOVA GUAVAQUR CAIIAO ARICA tQUQU AFAGASTA S ANTOMO VAIPARAISO 22 lan 2* lan 76 lan 21 lan (lit 21 M« 1 Apt 6 Apt 7 Apt 1° Apt Apt1,325 words
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Advertisement727 1986-01-16 20 SJiJ J AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain*™ INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers >, I CAIABM KAIDAS AURIGA" S*ngapn<» f Pfnjnt 70 l*> lan 74 Ijn 30 lan S Feb 7 Fefe lor Colombo Bombu Ma* at IM lUMi Calcutta IMn ImAii kUdm/B tfnti Hit*) Calcutta INDIA727 words
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Advertisement698 1986-01-16 20 GOLDEN LINE GUAN GUAN SHIFTING (PTE) LTD 23 IHo* A»er Street SWGAPORt 0104 m 534 J9M (10 IMS) STRAITS/PERSIAN GULF SERVICE: spo,e GOtMN KM Colombo Karachi l)uU> Huoart GOtDFN NONKR Colombo Karachi Dubai Bahrain 22/23 lan 10/12 Feb CHINA OCEAN SHIPPtNG CO.. PEKING THE PEOPLE S REPUBLIC OF CHINA SEMI-CONTAINER/698 words
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Advertisement324 1986-01-16 20 INTRASEA (PTE) LTD. 10 Anson Road »27 16 Internationa' Pia/a Singapore 0207 Tel *****1 1 (10 Lines) PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LINES) TELEX RS 28/20 PHILI xokit lcl i ran» stok snvta MXXi FAST POUT FM-OST PORT RED SEA TOUTS 11/1. K/l 1/2. 7/2. 15/2 21/1.324 words
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Page 21 Advertisements
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Advertisement469 1986-01-16 21 IS ;>NOL \\NEPTUNE ORIENT LINES LTD Aftnh Sp«f NEPTUNE AGENCIS PTE LTD let No o«K< TM OS BOOKINGS 27*9977 H IU AUSt IPA SEA 2/*9977 *****22 *****53 0* DIRECT lIMS 21*5753 *****1? I Bitwu HARPER WRA SDN BHD *****0 P Kelang HARPER *WA SON BHD *****1 3*4/4* P la,a HARPER469 words
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Advertisement560 1986-01-16 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG. BUSAN. INCHON DONAM If. .f Swt I r Rclanf P«unt Bhw No I Daunt, MOM lb 7 Donwn WIN Ho Ovum WIN No I Oman/WIN No i Donan/MM No 7 Donjm iO7N No 9 Donan No I Donan560 words
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Advertisement786 1986-01-16 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KEIANG Pf HANG K s msszsi ws jy muss 1 sHrmG w MALAYSIA Cables JAYAPOH Pt NANG lei786 words
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Advertisement122 1986-01-16 21 f K S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Somerset Road. #06-01. Ng Teow Yhee Bldg S pore 0923 Tel 235 6444 (4 lines) Port Kelanj Tifa Pma Shippmf Sdn Bhd Tel 03 *****4 5 Penanj Malaysia Trade Transport ltd let 04 *****3 PasH Gudan; Malaysian122 words
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Page 22 Advertisements
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Advertisement483 1986-01-16 22 Regional Ontaincr lines COMPAGNIE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) HINOOE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPECIALISED WAVY LIFTERS AVAII ABI K A SHIM A MARU Spore 22/24 Jan Loadaif for: Salalah/Dubai □SR-LINES VEB DEUTFRACHT'SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE 10 EUROPE ST COTTBUS 1/M 70 PASEWAIK483 words
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Advertisement105 1986-01-16 22 J? QJ s FIRCO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK -4 SAILINGS WEEKLY ¥oy PITA BHUM 19N SKI BHUM 254K SEA GIOKY 8603 Pir* BHUM TON Spore BMi S*d 17/11 Jan 17/18 tan 21/22 lan 1»/1» lan 22/23 lan 22/22 lan 24/25 lan AccepNnj both FCI and105 words
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Page 22 Miscellaneous
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Miscellaneous176 1986-01-16 22 Regional Weather v. A m fA S R K 1 a I Sf Va 5! EJ S3 t K aa Ar ®r/i ki) r\* .rrr^i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wove height R Thunderstorm Temperature «> c JL r Weather Wmd direction with speed in176 words
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Page 23 Advertisements
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Advertisement132 1986-01-16 23 MSC AGENCES K. LUMPUR P. KELANG PENAN6 P. GUDANG J. BAHARU LEOSrtP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPf Wl F7W AI.SO ACCEPTHG FOR: Antwerp, i. harve. Uk, bremen. copeiwagen, oslo ALSO ACCEPTHG FROM EUROPE RIM. HAM. GOT. UK. ANTWERP. OSLO. CPH.132 words
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Advertisement237 1986-01-16 23 w P M LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vessel EHPOBI Srttipar PKetani Penal* POM I PWNEIR 4 N lan 19 n tm n 26 Im 24/24 ironi POMEI PKVCD A S lan 19/1) l» 20/21 l» 22/23 fOMX KNTURE 5-J tan 28/28 lai 27/27 Cjfjo accepted to S«(jpoie Cargo accept237 words
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Advertisement277 1986-01-16 23 Scan Dutch 9 TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL 1) MARSEILLES 2) ROTTERDAM 3) LONDON 4) HAMBURG ,S)GOTHENBU N Ofiwu «4 B Smw/4M Satarfa 504 Totamj 5l« H Nwdnjn Wf B Pfrma/Qli Kam|a«/02«-t-* MlKKfa 036 TO HONG KONG-TAIWAN-JAPAN FEEDER VESSEL I PENANG I P KELANG VESSEL SINGAPORE HONG KONG B277 words
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Page 24 Advertisements
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Advertisement372 1986-01-16 24 i\ os* V 'v/L5 Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S i NO t EAST AFRICA OCEAN ELITE AFRICA MARU ATLAS MARU NEDLLOYD MOJI APOLLO PEAK WEST AFRICA HIMALAYA MARU 19 Jan Mombasa, Daressalaam 27 Jan Port Louis. Reunion 5 Feb Mombasa. Daressalaam, Tanga Beira. Tamatave 15 Feb Mombasa. Daressalaam372 words
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