The Business Times, 21 January 1986

Total Pages: 24
1 24 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TTESDAY, JANUARY 21, 1986 75 CENTS
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  • 220 1 Reuter KUWAIT'S Oil Minister Sheikh Ali al-Khalifa al-Sabah was yesterday quoted as having said that an oil price war would serve neither Opec nor nonOpec interests. He urged Opec members to restrain output to prop up prices, and reiterated a call for
    Reuter  -  220 words
  • 278 1  -  By ANNA TEO RESPONSE from companies approached by the Ngee Ann Polytechnic to offer training places for its students on the Industrial and Business Orientation Programme (IBOP) this year have been less than encouraging, so far. The poor response has been attributed to the state
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  • 632 1  -  Stock Exchange EGM smooths the way By CHAN OI CHEE IN A MOVE that will mean a radical re-shaping of stockbroking in Singapore, the Big Four banks are applying to become full trading members of the Stock Exchange of Singapore. DBS
    632 words
  • 411 1 THE STOCK MARKET gave way to an attack of gloom yesterday, triggered by continuing uncertainties in the securities industry and not helped by a rash of rumours. But as the leading indices tumbled, trading was generally quiet with 10.01 million shares worth
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  • 332 1 AFP, Bernama THE MALAYSIAN Cabinet will decide tomorrow whether to release the final report on the M 52.5 billion Bumiputra Malaysia Finance loans scandal. Officials said yesterday the Cabinet would study a paper drawn up by Attorney-General Abu Talib Othman on the
    AFP,; Bernama  -  332 words
  • 112 1 AFP SOUTH KOREA yesterday urged North Korea to reconsider its decision to suspend all North-South talks during annual military exercises in the South. A statement issued by the chiefs of three South Korean teams engaged in negotiations with the North said: 'If North Korea truly
    AFP  -  112 words
  • 417 1  -  By RAY HEATH GOVERNMENT BODIES are to take a half share in future aerospace exhibitions in Singapore under the terms of an agreement which industry sources expect to be presented for signing today. The three Asian Aerospace exhibitions that have been held
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  • 142 1 Reuter FRENCH President Francois Mitterrand yesterday named the Anglo-French channel tunnel group, France Manche Consortium, to build a rail tunnel fixed link between Britain and France. Speaking after a meeting in the French town Lille with British Prime Minister Margaret Thatcher, President Mitterrand said:
    Reuter  -  142 words
  • Page 1 Advertisements
    • 79 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM THE YEAR IN REVIEW BT continues with the series which examines events that made 1985. Politics: A tough time for young leaders, Page 8 Falling oil tales hit Soviet trade, Page 5 We have the Model to suit your office furniture m ocUf*^ pte.
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    • 225 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW SO MR GORBACHEV has called for a nuclear-free world. But could it ever be possible? Even if we assume that there is sincerity in the Russian offer, there is the stark fact that we
      225 words
    • 144 1 Full report, Page 12 Asian stocks, Page 11 "Book me KLM via the worlds best airport Amsterdam Schiphol" t to win aVivo S m ••I f f SU IirHOL WIN-ON-TI It-WAY Between October 27, 1985 and March 22, 1986, all KLM passengers flying Royal or Business Class on an intercontinental
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    • 6 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM
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  • HOME NEWS
    • 327 2  -  Dynasty and Meridien offer laundry services By MONICA GWEE OTHER PEOPLE'S dirty laundry is now much sought after by two Orchard Road department stores and two hotels. The Dynasty Hotel and the Meridien Orchard have extended their laundry, dry cleaning and pressing services to the
      327 words
    • 170 2 BRIGHTER DAYS are ahead for the tourist industry, said Mr P R Go pal, president of the National Association of Travel Agents Singapore. For one thing, the aggressive marketing by the Singapore Tourist "Promotion Board should start showing results within the next 18 months. For another, the
      170 words
    • 236 2 DUNLOP AVIATION (Southeast Asia), which supplies aircraft parts and also servicing for aircraft, is to double the size of its existing facilities at Loyang Link later this year. The expansion has been prompted by an increase in business and a growing demand for aviation products, said
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    • 55 2 ALL TAXI METERS have been adjusted to the new flag-down fare of $1.60. A Registry of Vehicles statement said taxi fare conversion tables which were issued and used by taxi drivers with unadjusted meters are now no longer valid. Commuters are advised to pay according to the meters
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    • 338 2 Here is the news from your front gate THE NEXT news broadcast you see may be transmitted to your television set from your front gate instead of Caldecott Hill. This is made possible by a mobile video unit, called an OB (outside broadcasting) van, which has in it all the
      338 words
    • 168 2 A FLYING TIGERS aircraft leaves Singapore this morning for China. The Flying Tigers Boeing 747 is chartered by TWI to carry exhibits of US multinational companies to Beijing for the six-day International Defence Industries Exhibition which starts on Jan 28. TWI, incorporated in
      168 words
    • 539 2  -  By LIM SOON NEO THE TWO HOTELS due to open their doors this month SAS Amara and Federal Hotel Singapore have postponed their opening dates to April because of construction problems. The SAS Amara was to have opened its doors last Friday at 10 am
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    • 252 2 SINGAPORE and Finland could cooperate in computer software development, industrial design and education programmes in the service industry, Mr Matti Nuutila, chairman of a Finnish business institute said yesterday. There were also opportunities to work together in other areas such as fibre concrete technology for construction,
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    • 213 3 WORK TO UPGRADE the Queenstown remand prison, which is expected to take 16 months and cost about $6.5 million, will start at the end of the month. Chou Wai Chuang Pte Ltd, which has clinched other government and Public Works Department contracts, beat 23 other
      213 words
    • 459 3 MICHAEL LEE TUAN PENH has been appointed the manager, corporate treasury services, of Hongkongßank. The bank has also appointed DAVID WONG SEE HONG as the manager, foreign exchange/treasury, and ANGWONG CHOOI LING as the staff relations manager. Mr Lee, a Bachelor of Social Science (Economics) graduate, was
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    • 361 3  -  By MARTIN SOONG THE SINGAPORE Motor Cycle Traders Association (SMCTA) is asking the government to consider changes to the three-tier motorcycle licensing system. The SMCTA is proposing that 2B licence holders be allowed to ride motorcycles of up to 250 cc. Currently,
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    • 159 3 A ONE-DAY seminar on "How to Export Your Products Under the Generalised System of Preferences (GSP) and the Asean Preferential Trading Arrangements (APTA)" will be held next month by the Trade Development Board. The programme has been structured to enable participants to understand
      159 words
    • 306 3 NEW TECHNIQUES to help overcome processing problems and new raw materials for plastics and rubber products will be discussed at the forthcoming Rubberplas '86 conference and exhibition. More than 40 experts from all over the world will be in Singapore to discuss the latest
      306 words
    • 60 3 THE REPUBLIC'S first offshore power station, located at Pulau Seraya, will begin transmitting electricity to the mainland from January next year. When fully completed, the new 750-megawatt power plant will meet about one-third of Singapore's electrical requirements into the *****. The balance
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    • 213 3 A LIMITED product range and restricted distribution may be a bane for some companies, but for Mr Pierre-Alain Blum, the president of Ebel, these two factors spell success. "We're the only watch firm that can pretend that somebody who's bought our watches doesn't
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    • 448 3  -  Government also urged to extend cut to wage supplement By LUCY NG EMPLOYERS have written to the Acting Labour Minister to freeze the salary ceiling on contributions to the Central Provident Fund. And in addition to a proposal to reduce employer CPF contributions by
      448 words
    • 395 3 THE USE of laser acupuncture to relieve pain, and plans to make Singapore a centre for the study of toxins, are among research projects being undertaken at the National University of Singapore. An Oro-facial Pain Centre set up in the National University Hospital
      395 words
    • 135 3 DECLINING WORLD OIL prices has not dented interest in the 6th Offshore Southeast Asia oil conference and exhibition to be held at the World Trade Centre from Jan 28 to 31. Seventy-five papers presented by authors from 17 countries will be delivered in three concurrent
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  • Page 2 Advertisements
    • 93 2 First First Come. Served. —air British Airways fly daily one-stop flights to London. We are the first airline to leave Singapore at 10pm everyday, except Wednesdays. And the first to arrive in London by 5.55 am. So that at Heathrow, passengers on British Airways are the tirst from Singapore to
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  • Page 3 Advertisements
    • 61 3 WORLDW/DE COUR/ER Changing the way the world does business. ryi&nt- ndJrucM Bank of Montreal The Asian Wall Street Journal The De La Rue Company pic lifTord-Turner 6 Battery Road Standard Chartered Standard Chartered Bank 6 Batfery Road Singapore 0104 Telex RS ***** 225*8888 Sole Letting Agents Jones Lang Wootton 65
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    • 66 3 What's the Tandoor got to crow about? Tandoori chicken and a Northern Indian cuisine that takes a rare breed to make out the difference. New Delhi's Ghazal singer, Mastxxn Thakur, and his artistes entertain nightly except Monday. For reservations call 733 8333. Dining Hours: 12:00 2:3opm Lunch 6:30 11:00pm Dinner
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  • OVERSEAS
    • 535 4 America's trading partners urge consideration for Third World Reuter MAJOR US trading partners have cautioned the country that protectionist measures to shelter import-battered US industries could jeopardise an upcoming round of world trade talks. Trade ministers from the European Community, Canada
      Reuter  -  535 words
    • 307 4 AFP A SENIOR Reagan administration official said that despite its popular image, much of the Japanese economy was "inefficient", with numerous depressed industries. The assessment came from the US Under-Secretary of State for Economic Affairs, Allen Wallis, in a speech to the Economic
      AFP  -  307 words
    • 220 4 AP THIS IS THE British royal yacht Britannia, moored off South Yemen early yesterday after rescuing 209 more foreigners from the beaches of the war-torn Marxist country. The Defence Ministry in London said the royal vessel, on its second rescue mission in three days, picked
      AP  -  220 words
    • 176 4 UPI JAPAN HAS REPLACED Britain as the largest source of foreign investment in Australia, with the US coming in second. Figures released by the Bureau of Statistics in Canberra yesterday show a record annual net inflow of foreign investment during fiscal
      UPI  -  176 words
    • 310 4 AP, AFP INDIAN Prime Minister Rajiv Gandhi has announced the first major reshuffle and housecleaning in his governing Congress Party, promising "strict action" against corrupt politicians and power brokers. "This is the first step to reduce the interest of power brokers," Mr Gandhi, the
      AP,; AFP  -  310 words
    • 88 4 Reuter CHINA IS TO SET UP a corporation to increase its exports to the Persian Gulf area. The China Daily said yesterday that the China General Trade Corporation with Gulf countries will handle commerce between China and nations including Saudi Arabia, Iran,
      Reuter  -  88 words
    • 821 4 ARRIVALS Operator Service Local From number time PAA PA21 /5 0155 LAX/TYO/HKG CAL CI34I 0255 TPE CAL CI337 0255 TPE SV SV389 0445 JED/RUH MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8I 1 0940 PEN SIA SQI03
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    • 194 4 AFP INDIAN POLICE entered the Golden Temple in Amritsar after violent clashes between Sikh youths in the complex had left eight wounded and spurred tension in the city. An official said yesterday: "There is tension in the city and we are on full alert." Plain
      AFP  -  194 words
    • 121 4 AFP THE TAIWAN Parliament has approved a reduction of average import duty from 26.46 to 22.83 per cent, a parliamentary source said on Saturday. About 28 items, mainly petrochemical raw materials. will be exempt from import duty under the new scheme, while duty has been reduced
      AFP  -  121 words
    • 380 5 UPI THE REAGAN Administration, struggling with a strategy to combat terrorism, has considered abducting terrorists abroad and bringing them to the US to stand trial for crimes against Americans. The New York Times said on Sunday that the option had arisen in
      UPI  -  380 words
    • 181 5 Reuter FALLING OIL REVENUES cut the Soviet Union's overall trade surplus to almost nothing in the first nine months of 1985 while its trade with the west went into deficit. Official figures published yesterday in the latest edition of the monthly magazine Vnyeshnaya
      Reuter  -  181 words
    • 292 5 AP CORRUPTION is so rampant in Mexico that the man jailed in the killing of a US Drug Enforcement Administration agent last year was recently freed to attend a lavish 200-person birthday party in his honour at one of Mexico City's leading
      AP  -  292 words
    • 455 5 AFP THE PHILIPPINE presidential election campaign is hotting up in the US, with the "dump Marcos" lobby grabbing most of the headlines as the Corazon Aquino bandwagon gathers momentum. Privately some officials now believe that presidential opponent Cory Aquino, widow of assassinated opposition leader Benigno
      AFP  -  455 words
    • 429 5 Group of Five feel it impractical to coordinate cuts in interest Reuter FIVE OF THE WORLD'S most powerful finance ministers and their central bankers agreed on Sunday to keep the dollar down but chose to go separate ways in efforts to lower interest rates,
      Reuter  -  429 words
    • 291 5 Reuter THE NIGERIAN National Petroleum Corp, NNPC, has signed incentive deals with its 10 oil-producing joint-venture partners. Oil Minister Tam David-West said the deals, negotiated individually with each company, would guarantee them a US$2 a barrel margin. He gave no details of the
      Reuter  -  291 words
    • 95 5 AFP MEXICO CITY, where the normal pollution is already 40 per cent higher than what is considered humanly tolerable in other major cities of the world, is becoming a "gas chamber". For the past week, this city of 18 million people has been smothering
      AFP  -  95 words
  • Page 4 Advertisements
    • 205 4 //r 4? r fS A ft "i <% m> mr The experience begins with a special welcome bouquet. This is an appreciation of how much we enjoy having you with us. During your stay, you'll notice the little things that get clone quietly and efficiently. Like offer you shopping tips.
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  • Page 4 Miscellaneous
    • 52 4 Doonesbury Jnba&pocdwau&zs BRUTAL FIEFOOM OF HAITI.. ..MERE TUB SECRET RITES OF VOPOUN ARB PRACTICEP MUCH AS THEY tOERE 200 VEARS AGO-. H '< m ■jv, m JM I BY GARRY TRUDEAU A SOULSEARJN6 SCREAM PIERCING THE STILL OF THEtHSFfT. HKB r ..HARPU RAIS& AN efeeoM. KE£PIT i pom, sir/ i
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  • Page 5 Advertisements
    • 357 5 I K 4 t fc 1 S|| -fe 4 P T r 1 n i J' WW! 4 v~° It ■m v> > £t jf <**■ ,v: w* £<$* v Sw >■ mmm J'?- w Introducing the TI Business'Prol All the power a small business ever needs to grow. Any
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  • RAW MATERIALS
    • 565 6 Reuter INDIA HAS SWUNG from famine to feast to indigestion. The country, which was saved from starvation by US grain shipments in the *****, now has more food than it knows what to do with. With granaries overflowing and warehouses packed to the
      Reuter  -  565 words
    • 65 6 Robusto 20/25% FOB NSW ***** Nutmeg 110 FOB NSW 520 00 E&W FOB NSW 462 00 Gombier FOB NSW 330 00 London Commodity Exchange Sellers' closing prices on Jan 17 (US$/long tonne CIF Europeon parts, unless otherwise stated) Pepper (Sarawak) Faq, spot 6900 White faq, afloat 6900 White
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    • 168 6 MALAYSIAN crude palm oil prices closed slightly firmer yesterday on light covering interest, with a higher Chicago soyoil futures close last week aiding sentiment. Trading was thin as operators awaited fresh developments, particularly foreign tenders, before making commitments. North, south and central January deliveries firmed Mss to $660,
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    • 66 6 Bangkok (US$/tonn«, FOB) White Rice 100% 1st class 280 100% 2nd class 255 100% 3rd class 250 5% 240 10% 235 15% 230 20% 225 25% 215 35% 210 Broken Rice A-1 Super 155 A-l Special 152 C-l Special unq C-l Ord unq Loonzoin Rice 100% 1st grade unq
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    • 139 6 Reuter JAPAN has reduced its imports of oil from Indonesia in favour of purchases from China and the United Arab Emirates. Indonesian Mines Energy Minister Subroto said on Saturday, after returning from an Indonesia-Japan energy meeting in Tokyo, that Indonesia's share of Japanese oil
      Reuter  -  139 words
    • 291 6 SINGAPORE The market closed lower yesterday with February One RSS buyers quoted at 158.25 cents per kg, down 1.25 cents from last Friday. The morning session lost 0.75 cents on lack of interest in very quiet trading. Prices lost further ground in thin afternoon trading on continued lack of
      291 words
    • 280 6 Reuter THE COMMODITY Futures Trading Commission (CFTC) will release confidential information it has gathered in connection with the investigation into the collapse of the silver markets in 1980 in response to a subpoena. Last year, the CFTC had issued an administrative complaint charging the millionaire Hunt
      Reuter  -  280 words
    • 13 6 KL TIN Closing pf>ce» on Jon 20 (M$/kg) Price Suspended Turnover (tonnes) Suspended
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    • 340 6 RAS prices m S cents/kg, FOB in 1 boles NOON CLOSE Buyers Setters Buyers Sellers Int 1 RSS Prompt 158 00 159 OON 157 75 I5875N Int 1 RSS Feb 86 158 50 159 00 158 25 158 75 Int 1 RSS Mar 86 161 50 162
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    • 108 6 (cents/kg, 1-ton pollets) pg0 MAR 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 154 50 156 SON 155 00 157 OON SSR 50 152 50 154 SON 153 00 155 OON MRELB Buyers Sellers Buyers Sellers SMR CV 222 50 224
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    • 373 6 Reuter A SOVIET oil specialist has called for a network of modern computers to help prospect for oil in western Siberia. Geologist Farman Salmanov said production targets could not be met without them. He also criticised the quality of Soviet oil drilling machinery,
      Reuter  -  373 words
    • 126 6 Reuter BRITAIN failed to secure backing from West Germany and France to settle the international tin crisis during a meeting of the Group of Five (G-5) Finance Ministers during the weekend. Sources said several International Tin Council (ITC) member nations still
      Reuter  -  126 words
    • 176 6 Reuter MALAYSIA'S earnings from primary commodities last year are estimated at M 514.4 billion against $15.4 billion for 1984. Malaysian Primary Industries Minister Paul Leong said the drop was particularly pronounced in rubber, palm oil and palm oil products, especially in the second half
      Reuter  -  176 words
    • 561 6 COFFEE Robusta coffee futures climbed nervously to midday to post gains from last Friday's close of £150 to £165 a tonne yesterday, with operators still largely sidelined. The market was due around £100 up following New York, and moved unsteadily through these levels in sporadic and relatively thin
      561 words
  • Page 6 Advertisements
    • 363 6 NOTICE THE COMPANIES ACT, CAP. 185 DIAMONDS SEVEN PTE LTD (In Uqni<UU«o) At a general meeting of DIAMONDS SEVEN PTE LTD duly convened and held on the 16th day of January, 1986, the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section
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    • 596 6 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 Pursuant to Section 290(2) (b) AND IN THE MATTER OF Hatgh and RlngroM Electrical PaeHlc PW Ltd At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road #12-01 12-11 Golden Mile Tower.
      596 words

  • BANKING AND FINANCE
    • 776 7 SINGAPORE The US dollar closed firmer yesterday against most major currencies on active short-covering. The dollar closed stronger at 2.4735/45 marks compared with New York's Friday 2.4640/50 close, but was below the day's high of 2.4850. It closed firmer at 202.75/85 yen compared with New York's Friday 202.20/30
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    • 238 7 Interbank rates at 3pm yesterday: CumndM Nominal rate* Smithaoolan Bid Otter < sroea parity change Local dollars to one unit of foreign currency: US dollar 2 1290 2.1300 2 8196 -24 49 Sterling pound 3 0423 ***** 7 3469 -58 59 Australian dollar 1 4807 1.4835 3 4286
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    • 113 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/16 point from last Friday to end at 5-3/16 per cent yesterday. The one, two and threemonth term rates rose by Vfc point each. S$ Interbank rates at 7pm yesterday: OH«r Bid Overnight 5 3/16 5 1/16
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    • 272 7 HONGKONG: The metal closed US$l lower yesterday from its Saturday close here after losing as much as $6 earlier as the US currency strengthened. The bullion price finished at $353/354 an ounce against an initial $350.00/351.50. This compared with last Saturday's close here of $354/355 and New York's Friday
      272 words
    • 330 7 BA Futures EURODOLLAR futures gapped lower yesterday from CME's closing level last Friday as the market reacted to a statement by Bank of Japan governor that US interest rates are not going to fall. The March contract opened 14 ticks lower at 91.85 and was sold off to 91.83
      BA Futures  -  330 words
    • Article, Illustration
      266 7 Asian market PERIOD Asian dollar deposit rates closed firmer yesterday compared with last Friday's levels, after a day of moderate trading. One to six months closed at 8-5/16 8-3/16 per cent each, up Vi from last Friday and one year at 8-7/16 8-5/16, up Vt. MMCATtS Mm iviny of the
      266 words
    • 363 7  -  By SOH TIANG KENG Financial Corraspondant THE ASEAN Insurance College, which will offer an MBA course for insurance executives in Singapore and the region, will be set up by the end of this year. Mr R A Wuwungan, the
      363 words
    • 482 7  -  Sang Kancil is BT's financial futures trader. Each Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL THE US DOLLAR was quite firm all last week, hovering
      482 words
  • Page 7 Advertisements
    • 31 7 A' NOTICE THE FIRST NATIONAL BANK OF CHICAGO, SINGAPORE Effective February 1, 1986 the bank will open to the public from 9.30 am to-3.00pm Monday to Friday. Saturdays will be closed.
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    • 64 7 \S& •«o1 fH^ 1 •lit o. [>Vy/i Xv-€^: o :ie^> ete nVvVe^t^^ f»v<** V %3=S 's "S^w 'M > *g2P^ ck#^* atN lt>^ V v?>,s> \^\>* w ><f Soo«- 1 i* —i R fir RES T#A URA N T sounds great 23. Cuppage Terrace. Singapore 0923. Tel: *****85 Valet Parking
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  • FEATURES
    • 481 8 COULD IT EVER BE POSSIBLE a nuclearfree world in 15 years? What a boon it would be to mankind if the scourge of our modern civilization could really be put behind us. Mr Gorbachev, if nothing else, has been quite imaginative and bold in his disarmament
      481 words
    • 1497 8  -  THE YEAR IN REVIEW I Politics Younger leaders show confidence in their own abilities to face up to problems POLITICS in Singapore in 1985 was marked by the encouraging efforts of the younger leaders to promote a more open, flexible and participatory style of
      1,497 words
    • 183 8  -  letter to the Editor CCS Dear Sir, As a tax-payer, I am alarmed by the BT report (Jan 10) on the call by a group of professionals for the use of public funds to help the securities industry. When the stock market was booming, and the
      183 words
  • Page 8 Advertisements
    • 364 8 i K CORPORATE EXECUTIVES MANAGERS TRAINERS SUPERVISORS TECHNICAL PERSONNEL SPOKESPERSON PUBLIC AFFAIRS PERSONNEL POLITICIANS MAKE A DATE WITH DOBBY DOBSON EXPERIENCED RENOWNED PROFESSIONAL SPEAKER, SEMINAR LEADER AND CONSULTANT AT THE K ORAL PRESENTATION SKILLS SEMINAR An industrial manager with worldwide experience, Dobson combines over 30 years experience in the communication
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  • Page 8 Miscellaneous
    • 688 8 moRN»tfG Jo^S HOu) RGe vou] P J csA /O &fc'STOU3. CRYPTIC PUZZLE ACROSS 3 Assign everybody part of the loot (5) 8 Where there's art in arranging toons' (5) 10 Conny fellow? (5) 11 Victor's height (3) 12 Walker makes a high-sounding start (5) 13 Hurt a twisted little man
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  • SPORTS
    • 584 9  -  Singapore Motor Sports Club's sprints By JEFFREY TSANG RENAULT ROARED its way to the top again in the Singapore Motor Sports Club's (SMSC) latest motor sprints on Sunday. A specially fitted mid-en-gined Renault R5 Tour de Cours with 240 bhp on tap clocked
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    • 483 9 NYT DONNIE HAMMOND, a 28-year-old in his fourth year on the PGA tour, dropped a 10-foot birdie putt on the first hole of a sudden-death playoff on Sunday to beat John Cook and win the 27th annual Bob Hope Chrysler Classic at Bermuda Dunes. The
      NYT  -  483 words
    • 384 9 AP THE BAZOOKA SERVE, powerful groundstrokes and crisp volleys help to win matches, but experience is what counts to win championships, according to Ivan Lendl. Lendl proved that on Sunday when he stopped 18-year-old Boris Becker of West Germany 6-2, 7-6, 6-3
      AP  -  384 words
    • 120 9 AFP CHINESE badminton players are at the centre of a match-fixing row, which could cause a boycott of international events. Leading players from other countries are to meet during the coming Japanese Open in Tokyo to consider a boycott, after accusing the Chinese of deliberately
      AFP  -  120 words
    • 247 9 AFP DEFENDING CHAMPION Pakistan, even without the services of world champion Jahangir Khan, is expected to retain easily its title in the 12-nation Asian Squash Championships which start in Kuala Lumpur tomorrow. The top seeds, led by former world No. 1 Qamar Zaman, also have
      AFP  -  247 words
    • 207 9 AFP WEARY BUT well-satisfied Henri Toivonen of Finland and Sergio Cresto of Italy completed a series of superb performances and drove their Lancia Delta S4 into the stop-over area in Aix-les-Bains, France late on Sunday night, holding a well-de-served lead in the
      AFP  -  207 words
  • Page 9 Advertisements
    • 94 9 j Let BT show you the p ropes to effective management every Monday BT, Singapore's biggest business daily, has two full pages on Management every Monday. This is essential reading for all successful professionals and executives. Incisive management news are ferreted by our trained writers who comb the sectors and
      94 words
  • Page 9 Miscellaneous
    • 1139 9 W TO mm TUESDAY PREMIERE Cold Sweat 10.30 pm, Channel 5 Charles Bronson (right) the macho man stars as an expatriate American living in Southern France who has a mysterious past. Things become complicated when an underworld gang appears at his doorstep. END OF EMPIRE Aden 8.00 pm, Channal 12
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    • 69 9 tv V v i (ZJevEK start the backs from a still POSITION. MAKE SURE THE BODY IS MOVING ALL THE TIME BEFORE YOU START THE BACKSWING .IT ISA GOOD /PEA TO MAKE A FEW IWflfltfS WITH THE CLUB BEFORE EACH SHOT.... t. 1 iS HAVE SEEN GOLFERS STAND RIGID FOR
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  • INTERNATIONAL COMPANY NEWS
    • 632 10 Whisky giant supports offer by stout group Only months after acquiring whisky group Arthur Bell and Sons, Guinness PLC has put in an agreed offer for Distillers PLC in opposition to a hostile bid from Argyll Group. While Guinness and Distillers feel a
      Reuter  -  632 words
    • 583 10 NYT AFTER YEARS of what one retailing executive calls catering to yesterday's market, the Gimbel stores, which have been doing business since 1909, may become just a memory in New York City. BAT Industries, a British conglomerate with interests in tobacco, paper
      NYT  -  583 words
    • 239 10 FT CITICORP the world's largest banking group has entered the UK life assurance market with the acquisition from Armca Inc of British National Life Assurance Company. This is the first move by an overseas banking institution into the UK life assurance market,
      FT  -  239 words
  • Page 10 Advertisements
    • 628 10 m MKL? 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 and only roast spit in town. Treat yourself to a hearty slice
      628 words
    • 138 10 Cafe de Prince's delightful daily buffet luncheon Feast on 40 dclicious dishes. Menu changes every fourth day. At $14++ (adult) and $10 (child). CRpwn 0 WNCE hotel imatroKi "1 jn«gr<J b> r«M notrtt Japan Continuing the Prince Motels tradition oi friendly service 270 Orchard Road Singapore 0923. Tele* RS *****
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  • ASIAN STOCKS
    • 429 11 HONGKONG: Stock prices closed sharply lower yesterday under a late round of profit-taking and pressure from a spate of market rumours, brokers said. The Hang Seng Index fell 31.04 points to 1,775.82 after a steady opening. Brokers cited a rumour on the death of Chinese leader Deng Xiaoping which
      429 words
    • 219 11 JAN 20 MT Lien H»a Indus Nan Ya Plos 13 10 31 50 18 50 -0 lb •02 -05 Al Sincere Indus 2 21 25 00 0 07 -0 1 Pacific Elect 1420 -04 29 90 -0.1 0 72 Chong Hwo Bonk 44 20 21 00 05 -04 Sharp
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    • 482 11 TOKYO: Share prices fell in extremely thin trading after the rejection of concerted action on reducing interest rates by the G-5 meeting in London last weekend, brokers said. The market average lost 54.73 to close at 12,952.05 after slipping 2.92 in Saturday's half-day trade. Turnover was a slim 160
      482 words
    • 68 11 JAN 20 FMO> Oriental B Phrfex B 0 013 unch 0 1550 unch Anglo PtW 0 01 unch 4U uncn 12 -05 Boguo Gold 0001 unch Bovc Petroleum Benguet Con B CDCP 0 003 106 inch unch Son Miguel B Seotront 19 0 006 7 30 1 25 0001
      68 words
    • 405 11 SYDNEY: Australian share markets closed mostly easier in mixed trading with profit-taking in gold and resource stocks pushing the market down, brokers said. Near the close, the All Ordinaries Index had fallen 1.1 points to 1065.6, the All Resources 3.3 to 681.3 and the Gold Index 36.2 to 1001.6.
      405 words
    • 98 11 1 1 JAN 20 Won Hyundoi Comt Hyundai Motor 1049 1932 +7 +2 Bonk Seoul 660 unch KAL 600 -10 Choheung Bk 632 -6 Korea First 700 unch Commerciol Bk 672 1 Yukona Korea Shv 1763 -57 Doekm Ind 500 -6 361 -6 Oofwoo Corp 499 -1 Lucky Ltd
      98 words
    • 89 11 JAN 20 Siom Cement 469 6 Bafcts Stam Gtuen 61 -05 Aokham The* Cement 469 42 Asia Fibre South Asia Fixe Ayuthayo Inv 85 75 -11 5 And Trust Bongkok Agro-kvj 23 75 unch Bank 460 2 Bongkok Bank 204 unch Bank Of Ayudhaya 118 unch 197 unch Ltd
      89 words
    • 67 11 Reuter VICKERS PLC said yesterday that its Australian unit Vickers Holdings Pty Ltd had sold its 38 per cent stake in Comsteel Vickers, comprising 22.8 million shares, to Ani Corporation for A 51.35 per share. The intention to sell the stake, which will result in Vickers receiving
      Reuter  -  67 words
    • 208 11 UPI JVC (Victor Company of Japan, Ltd) will launch production of video cassette tapes in Tuscaloosa, Alabama, later this year to meet growing demand for the product. The company, a major Japanese audio-visual equipment manufacturer, said on Monday an agreement to acquire 230
      UPI  -  208 words
    • 85 11 Reuter INTERNATIONAL HYDRON Corp of the US and Shanghai Globe Biotechnology Development Corp have set up a Joint venture to make contact lenses for the Chinese market. The China Daily yesterday said the new company, Shanghai Hydron Lens Corp Ltd, planned to produce 200,000 lenses
      Reuter  -  85 words
    • 187 11 AP TOYOTA, the top Japanese motor group, announced yesterday that it was against voluntary restraint for 1986-87 in Japanese exports to the US. The Japanese giant's chief executive, Mr Soichiro Toyoda, was quoted as saying that "competition between the manufacturers is what the market is
      AP  -  187 words
    • 170 11 AP SOUTH KOREA'S Hyundai Motor Co has announced that 1,000 of its subcompact Pony Excel cars left the Korean port of Ulsan yesterday, part of 9,000 units it plans to export to the US this month. According to the announcement,
      AP  -  170 words
    • 87 11 Reuter ATT HAS FILED an application with the US Federal Communications Commission to extend direct telephone dialling to China and 10 other countries. The proposal would bring to 146 the number of countries that can be dialled directly without operator assistance through ATT. A 10-minute
      Reuter  -  87 words
  • Page 11 Advertisements
    • 560 11 m m mmmm: Wmsmmm n 3 Sr 8^ w l>^ as «=?> ?v: i: -<l- V V -J*-- The DNpresents 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 a
      560 words
    • 128 11 M Savoury Delights Await You At mMuts^eamor Ml L'i o MmfDnk JL M 14 Hon# Kong Dion Xih available during lunch! For reservations call. 235 2698 or 734 6622 act 141/144 Lunch: 11am -3pm Dinner 6pm- 11pm rAimmmii, MO tut, 19 Cairnhill Circle Singapore 0922 Id 734 6622 CMWMH!. HOTEL
      128 words

  • SHARE INFORMATION
    • 4394 12 DOUBLE-DIGIT falls littered the Singapore stock market yesterday, with only two counters, Chuan Hup Marine and ABN Bank, bucking the downtrend. Dealers and analysts say that the market's weakness in the previous seven sessions led to the tightening of credit lines and
      4,394 words
    • 266 12 SINGAPORE Rises lndic Jon 17 ion 20 ABN 100H 461 4 15 BT Composite 529 32 514 30 Chuon Hup 104 1 BT Indtcotor *****02 *****46 BT OB/OS -158 303 palls BTCADI 6651 -4764 1 < ,,w BTOBV *****9 *****3 C K Tone 75 -129 STMmhiob 614
      266 words
    • 3277 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".
      3,277 words
    • 168 12 CHEMICAL COMPANY of Malaysia Berhad: 24th AGM on the Ground Floor of Bangunan MIDF, 195A Jalan Tun Razak, Kuala Lumpur on Tuesday, Jan 28, at 11.30 am. MALAYAN BREWERIES Limited: 52nd AGM at the OCBC Centre, 19th Storey. Singapore 0104 on Tuesday, Jan 28, at 11 am. BATU
      168 words
  • Page 12 Advertisements

  • COMPANY NEWS
    • 301 13 TAN SRI IBRAHIM MOHAMED has lost another supporter on the Promet board with the resignation last week of Mr Ahmad Samsudin bin Yassin as a director of the company. Mr Ahmad, who is a close associate of Datuk Abdullah Mohamed, the brother of Tan Sri
      301 words
    • 87 13 IN THE ISSUE of Business Times of Jan 10, 1986, certain remarks made by Mr Lin Tah Hwa, the senior partner of Lin Securities (Pte) under the heading "Lin Securities rejects demand for payment on Sigma deal" were quoted. It has been drawn to our at- tention
      87 words
    • 226 13 SHARE PRICES fell sharply across the board at the Kuala Lumpur stock market yesterday. Trading was fairly quiet with volume at 6.32 million shares valued at $9.41 million, compared with last Friday's turnover of 6.06 million units worth $8.63 million. Blue chips and some
      226 words
    • 3000 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. NXJSTRIALS A Choc (2 30S) xd AMD (3 90S) Akom
      3,000 words
    • 111 13 HONGKONG Friday 1560 5 Week ago 1546 8 Hang Seng Index Mondoy 1775.82 Friday 1806.86 NEW YORK Week ago 1799.61 Dow Jones TOKYO Friday 1536 70 Thursday 1541 63 Nikkei Average Week ago 1513.53 Monday *****.05 Saturday *****.78 Standard Poors Week ago ***** 02 Friday 208 43 Thursday
      111 words
    • 281 13 Managers' prices for Jan 21 Singapore Unit Trust The Commerce 0 92 0 97 The Sovmgs Fund 0 79 0 84 S'pore Prog Fund 0 38 0 41 S'pore Sec Fund 0 59 0 63 S'pore Invest Fund 0 49 0 52 S'pore Equity Fund 0 42 0
      281 words
    • 717 13  -  Loans from Carlton Investment accounted for 94pc of initial paid-up capital By HOMER CHEN THE CHAN FAMILY of the Palmco group in Malaysia had provided the funds for 94 per cent of Alfa-Pacific Securities's initial paid-up capital, it was disclosed at a court hearing yesterday
      717 words
    • 404 13 FORMER ALFA-PACIFIC managing director Dr Chua Wee Meng and director Mr Chua Chye Chua were each fined $7,500 yesterday for breaching the Companies Act. The father-and-son pair pleaded guilty to and was convicted of one charge of breaching the Companies Act. But the
      404 words
    • 185 13 UNITED INDUSTRIAL Corporation Ltd is investing in another hotel project in China. The group's recently-ac-quired Hongkong unit, Globe Trading (China) Ltd, has obtained approval from the Chinese authorities to purchase a half share in a joint venture company which will develop and own
      185 words
    • 195 13 RIG-BUILDER Far East-Lev-ingston Shipbuilding Ltd has just completed a modest rig-ex-tension job on location off the coast of Bombay. The offshore work called for a 'leg-joining' operation on a Japanese-built jack-up drilling rig, Sedco 252, which had its 'legs' extended by 27 metres (90 feet)
      195 words
  • Page 13 Advertisements
    • 195 13 New Issue All these securities having been sold, this announcement appears as a matter of record only. December, 1985 yqjINOmOTO CO., INC (Ajinomoto Kabushiki Kaisha) U. 5.5120,000,000 5 3 i PER CENT. BONDS DUE 1990 WITH WARRANTS TO SUBSCRIBE FOR SHARES OF COMMON STOCK OF AJINOMOTO CO., INC ISSUE PRICE
      195 words

  • 252 14 THE GOVERNMENT has gazetted the acquisition of more than 38,000 sq m of land in North Bridge Road for urban redevelopment. This plot, bounded by North Bridge Road, Beach Road, Shaik Madersah Land and Tan Quee Lan Street, consists mainly of two-storey
    252 words
  • 339 14 A PROPOSED PLAN to improve further the standard of Singapore's workforce has been accepted by the Economic Committee. Details of the plan will be disclosed when the committee make its report public, said the chairman of the Manpower SubCommittee, Dr Wan Soon Bee,
    339 words
  • 244 14 THE MANPOWER sub-commit-tee is divided on the future role of the National Wages Council and has thrown the issue back to the government. Unable to achieve a consensus, the subgroup of the Economic Committee has proposed that the government set up a high-level
    244 words
  • 134 14 AFP THE SABAH state government will ensure that two projects by Asean remain sited in the state. Sabah's Deputy Chief Minister, Mark Koding, said that the state government would "not let go" of the projects the Asean security paper mill and the newsprint and tissue
    AFP  -  134 words
  • 589 14  -  Group cannot continue as a going concern By LORETTA McLAUGHLAN THE BOARD OF Growth Industrial Holdings has sent a bleak message to shareholders about the financial position of the group which has ceased all operations and retrenched all but two employees from
    589 words
  • 554 14  -  By BOEY KIT YIN CHAN HO ENGINEERING, a local machine-maker known for its innovation, has developed an automated hydraulic press brake for export to North America and Australia. The company was helped by government-formed Microprocessor Applications Centre and a $76,000 grant from the Economic
    554 words
  • 58 14 THE US stock market was sharply lower in early trading yesterday, continuing the descent that started developing late Friday. The Dow Jones industrial average was off 11 points to 1525. Declines led advances by a twoone margin on a volume of 8.49 million shares. The Comex gold
    58 words
  • 90 14 AFP IMELDA MARCOS, the wife of President Marcos of the Philippines, yesterday warned women government employees that they could lose their jobs if they voted for opposition presidential candidate Corazon Aquino. Mrs Aquino would replace 1.5 million women government employees with the "three million out there
    AFP  -  90 words
  • 277 14  -  By GOH YEE LING WITH THE GIRLS taking over in the pumping-iron game, it should come as no surprise to find the boys strutting and swaggering in the beauty contest business. There were 156 of them gathered at the Hyatt Hotel yesterday, all hoping to make
    277 words
  • 156 14 Reuter THE JAPANESE and West German economies need a period of consolidation with exchange rates at current levels before they can take any further fall in the value of the dollar. A senior Bank of Japan official said that both
    Reuter  -  156 words
  • LATE FILE
    • 56 14 Reuter SOUTH KOREA will take measures to achieve 7 per cent growth in GNP this year against an estimated 4.5 per cent growth last year. Economic Planning Board Minister Kim MahnJe said the measures included encouraging private investment in production facilities and shaping industry
      Reuter  -  56 words
    • 47 14 Reuter AUSTRALIA has refused to join the total US trade embargo imposed against Libya. Foreign Minister Bill Hayden said yesterday after a Cabinet meeting in Canberra that Australia would agree to such a move only if it had wide international support. Reuter
      Reuter  -  47 words
    • 51 14 Reuter SEVEN TIMORESE who were civil servants when Portugal ruled East Timor will be flown to Lisbon today along with their families. Diplomats said yesterday the departure of the seven families totalling 31 people followed more than a year of talks between Indonesia and Portugal.
      Reuter  -  51 words
    • 33 14 Reuter LESOTHO'S military forces yesterday seized power in a bloodless coup, ending Prime Minister Chief Leabua Jonathan's 20 years of controversial rule in the mountainous southern African kingdom. Reuter
      Reuter  -  33 words
    • 57 14 AFP INDIAN Prime Minister Rajiv Gandhi has inducted two new ministers and changed the portfolios of some others in a minor Cabinet reshuffle announced yesterday. The new men are P Shiv Shankar in charge of commerce and Chandrasekhar Singh who takes over petroleum, the Press
      AFP  -  57 words
    • 45 14 AFP THREE of nine Sikhs who hijacked an Air India flight to Lahore in July 1984 were yesterday sentenced to death by a court in the Pakistani capital. Two others were sentenced to life imprisonment, while four were acquitted. AFP
      AFP  -  45 words
    • 40 14 BRITISH industrial production rose a provisional 1.2 per cent in November after October industrial production was unchanged from September, while manufacturing output rose 0.7 per cent in November, the country's Central Statistical Office said yesterday.
      40 words
  • Page 14 Advertisements
    • 192 14 COLOUR LAB The Professional Service Lab E6 PROCESSING: Ektachrome. Fujichrome. Agfachrome Same day service in plastic mounts 2 hours service available at mam lab JANUARY SPECIAL! Poster prints (20" x 30") from your favourite 35 mm negative or slide only Usual $36 00 Special $20 00 (Offer valid until 31-1-86)
      192 words
    • 19 14 Mrs Aquino piling up support, Page 5 G-5 believe* it is impractical to coordinate interest rate cuts, Page 5
      19 words
    • 84 14 Rajiv launches big clean-up of party, Page 4 THE CHEAPEST WW LIVE 1 SEAFOODS JM IN TOWN! f FISHF/tRM Restaurant At East Coast Recreation Centre next to Mac Donalds SPECIAL BUSINESS LUNCH Menu for Five Persons *****0 (Six Dishes) LIVE' PRAWN 300gm Sl7OO MUSSELS $600 LIVE SEA BASS Ipc $14
      84 words
  • Page 14 Miscellaneous
    • 54 14 Outlook for today: Showers over a few areas in the afternoon. Report for 24 hours prior to 7 30pm on Jan 20 at the airport: Maximum temperature 30.4 Associated humidity 64 Minimum temperature 23.3 Associated humidity 97 Hours of sunshine 9.65 Rainfall in millimetres trace Rainfall this month 301.6 Rainy
      54 words

  • SHIPPING TIMES
    • 407 15  -  By G DURAIRAJ TIMBER exporters are planning to ship out more of their products through Johor Port. In a move co-ordinated by the Malaysian Timber Industry Board (MTIB), principal timber exporters in Johor and Malacca have formed a consortium that will spearhead the increased
      407 words
    • 260 15 OVERSEAS Containers Ltd is launching a new Indian Ocean operation the first container service ever started from scratch by the line. Chartered tonnage will be used for the service which will link East Africa, the Persian Gulf and Indian sub-continent, said Lloyd's List. Although
      260 words
    • PORTSIDES
      • 89 15 Reuter THE JAPAN/India-Pakistan-Gulf/Japan Conference will raise its extra risk insurance surcharge on shipments for Iranian and Iraqi ports to 4.5 per cent from 4 per cent, effective Jan 25. The extra risk insurance surcharge on shipments for non-Iranian and non-Iraqi ports covered by the temporarily reduced commodity
        Reuter  -  89 words
      • 65 15 AFP ONE SEAMAN died and three were seriously injured in an explosion aboard a 200,000-tonne Norwegian methane carrier, the Will Nora, shipping officials said. A fire broke out but was swiftly brought under control, they said. The causes of the accident, which occurred in an empty tank
        AFP  -  65 words
      • 99 15 THE SHANGHAI Maritime Court has auctioned off a Liberian merchant ship, netting some US$l.3l million from the US firm that bought it, the Chinese People's Daily said. The 279,000-tonne cargo ship belonged to a Liberian company which was unable to clear up its overdue debts, the
        99 words
      • 98 15 DANISH shipyards will be retrenching in large numbers over the next few months. A P Moeller's Odense Shipyard is to dismiss 1,200 of its 3,000 workers before the middle of this year. The Aalborg shipyard owned by the Lauritzen shipping group, has already given notice
        98 words
    • 1215 16 MODERATELY active but varied chartering showed that rates either held at previous levels or registered slight deterioration on Eriday on the London shipping freights market. Time-charter operations mainly centred in the Far East, where medium-size bulkers enjoyed sustained demand. North Pacific-Japan grain activity persisted at the established rate
      1,215 words
    • 701 16 Surplus expected to fall to 93.1 million dwt Reuter SOME IMPROVEMENT, albeit modest, appears likely for the tanker market this year although any material recovery will apparently take longer than the next 12 months, Drewry Shipping Consultants Limited said. Drewry said tanker demand
      Reuter  -  701 words
    • 431 16 FT LISNAVE, Portugal's heavilyindebted premier shiprepair yard, has signed a peace treaty with communist and non-communist unions. Under the agreement, the unions will refrain from taking industrial action for a year while the company will pay employees at least 25,000 escudos (about
      FT  -  431 words
    • 636 16 AB Shpg V 5 Accord Shpg VI 3 Ateo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bolt-Conada Line VII 4/5 Balt-Onent Line VII 4/5 Bank Line V 5 BBS II 4/5 Ben Line Cont
      636 words
    • 116 16 AP ABOUT 1,500 Chinese ships travel through the Taiwan strait each month separating the communist mainland from Taiwan. The state-run China news service (Zhongguo Xinwen She) said that since navigation resumed in 1979, Fujian province, on the mainland side of the strait, has opened
      AP  -  116 words
    • 265 16 NIPPON YUSEN Kabushiki Kaisha (NYK) and its subsidiary company, Nippon Denshin Kogyo Co Ltd (NDK), have jointly developed a unique NYKLAN Telex Communications System. With the system, individual employees can use desk display terminals to send, receive and store domestic and
      265 words
    • 181 17 AP IRAN IS expanding its crude oil export facilities to reduce reliance on the beleagured Kharg Island terminal in the Gulf, Iran's official Islamic Republic News Agency reported. It marked the first time Iran publicly acknowledged it was reducing its reliance on Kharg Island oil facility.
      AP  -  181 words
    • 407 17 Lloyd's List BRITISH maritime trade unions are demanding urgent meetings with three international agencies appointed to take over ere wing of all BP Shipping's foreign-going vessels as fears mount of worsening employment conditions. Both officers' and ratings' unions have been shocked by the
      Lloyd's List  -  407 words
    • 158 17 BEN LINE STEAMERS has made several management changes recently. Mr Dermot Taylor, former Ben Line's representative in South Korea, has assumed the post of manager of its Singapore office. The former manager, Mr James Mattinson, has returned to Edinburgh to take up a new postion as manager,
      158 words
    • 227 17 AFP OIL price uncertainty caused a reduction in enquiry for tankers in most areas last week, and rate falls reflected the decline, with large tonnage in the Gulf states area suffering the biggest drop in interest. Three VLCCs were fixed to Japan at worldscale 37.50, against 41 the
      AFP  -  227 words
    • 191 17 THE MAJOR shipping consortia operating between the Far East European, Far East Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line.
      191 words
    • 112 17 Reuter A DUTCH OIL maintenance ship was under tow in the Gulf heading for Dubai after an Iraqi missile attack killed a crewman and wounded eight, two of them seriously, a spokesman for the vessel's owner said. The dead man and the two badly
      Reuter  -  112 words
    • 774 19 The above information is compiled from data provided by the Sing a pore National Shipper's Council. 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
      The above information is compiled from data provided by the Sing a pore National Shipper's Council.  -  774 words
    • 249 19 Jan 22 Lecture, "British Maritime strategy," organised by Nautical Institute (Solent branch), 1930 hrs, CMS Warsash. Jan 23 Lecture, "The role of the UK government's marine pollution control unit," by Rear Admiral M L Stacey, organised by Nautical Institute (North West branch), 1715 hours, Liverpool Polytechnic. Jan 26-28
      249 words
    • 6785 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.
      6,785 words
    • 716 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location N Crystal 32E 21.1.86 1600 NAPL Fl 0700-0800 G3 B Suria 494 21.1.86 1700 Ned-EAC F7 0800-0900/0800-0900 P2/S2 Am Alabama 7 21.1.86 2100 USL F5 1100-1200/1200-1300 L2/N2
      716 words
    • 1650 23 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprise* Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Ateo Line Afncon Shpg Agencies (S) Ahrenkiel Liner Km Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) Americon
      1,650 words
    • 558 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival KEPPEL WHARVES Cottbus K12 S'pore Shp alongside Europa K9 Segani alongside Equator 3 K22 Thong Soon alongside Gambela K19 Kie Gwan alongside Kannikar K18 Leo Shpg alongside Kota Ratna K32 PIL alongside Auby K25W SSPL 21.1.86/1400 Kota Berjaya K32 PIL
      558 words
  • Page 15 Advertisements
    • 950 15 Monthly from Pitman Available at all good"! bookshops and newsagents Distributors OOCL Orient Oveiqeas Co*tum\ Line lAROW SHTfMC AGENCES (Rtf No *****4 00K) 70 Shtnton Way *04 03 Manna Hou* Singapore 0?07 TH *****11 TEIEX NO RS ***** CFS Office TPC =***** Tel *****31 and *****32 terminal ottice TPC *03
      950 words
    • 72 15 UMILDB SOME IMPROVEMENT, albeit modest, appears likely for the tanker market this year olthough any material recovery will apparently take longer than the next 12 months. Page II BRITISH maritime trade unions are demanding urgent meetings with three international agencies appointed to take over crewing of all BP Shipping's foreign-going
      72 words
    • 1196 15 ODESSA OCEAN LINE BUCK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE MAERSK SERVES THREE SWEDISH PORTS SINGAPORE/GOTHENBURG 21 DAYS SINGAPOE/MALMOE 25 DAYS SINGAPORE/STOCKHOLM —25 DAYS S p°" EXPORT TO USA. EUROPE. MIDDLE EAST. WEST
      1,196 words

  • Page 16 Advertisements
    • 467 16 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South W«st Feeder at Tokyo Mother VSI LA/LB OAK YAMASHN M 22/2 25/2 S KASHU M. 1/3 4/3 f AitßO* 1/3 U/3 BEISHU M 15/3 18/3 Pacific North Weat Feeder at Kobe Mother VSI SCAT VCR CAIfWNA V. 25/2 26/2 TOKYO M.
      467 words
    • 248 16 r> Barber Hue Sea Supercarrier Service I NEXT ARRIVALS N ROSAfHO 27/1 BARBtR PfRSfUS 27/1. B MtCTO# 17/2 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Jl-J Vl Nm acceptag cantn tar Houston iMLB). S Fracaco. Oakland Stoditon and San hp wa I Angeles Chartritor na Saoh. TO: CARIBBEAN
      248 words

  • Page 17 Advertisements
    • 982 17 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited rCONTAINERSHfP SERVICE TO UK/CONTINENT Stan Hlwj Bran 17/2 11/2 21/2 24/2 28/2 21/2 02/3 04/3 06/3 13/3 15/3 17/3 25/3 27/3 29/3 30/3 01/4 03/4 09/4 11/4 13/4 17/4 19/4 21/4 23/4 25/4 27/4 R'dan LeHawe 22/2 24/2
      982 words
    • 681 17 Franco Belgian Services (member of ace consortium) ib.tr b .isl b rt-nch Srr\ m* ith b .ir A .i irrn I »ni"» > commii satinet to mwn STORE P AEIANG L< Him R'dwi F'Stoere Ham B"Ha»en Ant HONGKONG CONTMO 22 lan (20 lan) 10 Feb 11 Feb 13 FA IS
      681 words

  • Page 18 Advertisements
    • 751 18 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia. Med. Carribean S America Inland haulage to inland destinations in Europe Al Mutoarakiali IBN »ounui Soplw RKknwfS Spore PKelatuPenant Eenoesßdbao Genoa Hbui{ Rdam Bha»en A werp 8/2 10 2 12/2 8/3 H/J 15/3 12/1 10/2 14/3 18/1 7/3 8 3 10/3 12/3
      751 words
    • 551 18 Hai Sun Hup Co (Pte) Ltd «3T TEL: *****06 (20 Lines). TLX RS ***** RS *****. tB EASTERN CAR LINER. LTD. IML INTERMARITIME LTD K Knabalu Tel: *****0 lakarta Id *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK IN ra 7 PR *«i Dbr. EL PE CI SARNW V 66
      551 words
    • 531 18 w m,.,A EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) •ISO ACCtPTMG CARGO TO 1) PROVDFNCE WWARK SAVANNAH BOSTON PHRADFLPHU HOWOI* I4CKSONWUE mtMNGION BERMUDA CIC 2) ATI AMI A CWCAGO DFTROIt COLUMBUS I OTICR MAIOR MOOBRCQ DESTMATIONS 3) CUB 108*1 BAIBO* P*N*M* CITY COIOM SAN RJAN S*NIC DOMNGO WW
      531 words
    • 250 18 US I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKeUnt Loadb* tar: KYO*A COSMOS 23/1 0 COURMER 6/2 AGENTS SINGAPORE SW PORT KELANG PENANG /1 Lac. Jaya, P. Moresby, Honiara. Kieta. Rabat!. Papette i/2 Lae, P. Moresby. Honiara. Kieta, Rabaul SMOSt MAPITM( PTE LTD TEL *****44
      250 words

  • Page 19 Advertisements
    • 272 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 COIUMBM STM 31 Jan 12 Feb 14 Feb ESPERANCE BAT IS
      272 words
    • 165 19 EtS THONG SOON agencies pte. Ltd. #09-07, Robina House, S'poreolo6 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK EQUATOR I SK 3/86 EQUATOR SK 4/86 JENSON SS 2/86 SINGAPORE TO SABAH PORT 3/86 23 4/86 3 23 SINGAPORE TO BRUNEI CONTAINER FEEDER SERVICE
      165 words
    • 806 19 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 9/2 10/2 17/2 19/2 24/2 25/2 2/3 «/3 13/3 15/3 25/3 27/3 31/3 1/4 9/4 10/4 BlttffN ROAM HAWK 12/2 13/2 15/2 21/2 22/2 24/2 27/2 2»/2 2/3 8/3 7/3 J/3 17/3 10/3 20/3 29/3 30/3 1/4 3/4 4/4 5/4 12/4
      806 words
    • 631 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SERVICE ■USM TWO ROM (lIRS «AOM STO l?M t/1 t/t 11/1 14/1 li/l n S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAIAPAHT SURABAYA BUSAN 6 XPRESS SEMI-CONTAINER SERVICE TO EUROPE WEST BOUND TfOßf ADAM II DAM UK HWJRG BREMEN OCEAN
      631 words
    • 401 19 BOUSTEAD SHIPPING AGENCIES Spore Phashwejyawywa V262K 25/26 ian Pa-an V9OK 26/29 lan Mamlamyaing V3OW 28/29 Jan Htoneywa V2OBW 5/7 Feb BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore PKelanj Penanj 23/24 lan 5 BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT IVYBANK CLYDEBANK A". SPORE R'DAM HULL
      401 words

  • Page 20 Advertisements
    • 1320 20 [V K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEEDER VSI ASIA ST Ml V 44 MOIHER VSI TBN VSI SPORE WIG PNG SPORE NAGOYA GUAYAQUR CAIIAO ARICA IQUIQUE AfRGAST* S AWTOWO VALPARAISO 22 lui In 2i lin 21 lw g Feb 24 Mat 1 Apr 6 Apr 7 Apr 10
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    • 820 20 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* CHAMXDAS CAIABM MIDAS AURIGA INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Ming Pening Loading tor 22 lan CotarOo Bombay 25 lan 24 lan Ma*as B desh Hatta Calcutta 30 lan MaAai Bombay I Feb 7 Feb Ma*a» BdnhHada Catcutta INDIA SERVICE
      820 words
    • 547 20 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. THok A te Street SINGAPORE 0104 TEI *****88 ,10 IMS) STRAITS/PERSIAN GULF SERVICE: spo,e GOIDEN BAH Colombo Karachi Dubai Kuwait GOIDEN NOMXI Colombo Karachi Dubai Bahrain 22/23 lan 11/12 Feb CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC Of CHINA SEMI-CONTAINER/
      547 words
    • 449 20 IHTRASEA (PTE) LTD 10 Anson Road «27-16 International Pla/a Singapore 0207 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK S parc P. Ketanj Loidnj tar samem paceic *****21 Saied saied rot/ant/uk <avon) ANANGEL PEACE *****23 23/1 27/1 ROT/ANT/UK (AVON) Ajwft Sfifapore WTRASt* (PTE) LTD BOOKMC 224*511 K limpw BMTANG
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  • Page 21 Advertisements
    • 850 21 NOL NEPTUNE ORIENT LINES LTD A|ents Spore NEPIUNE AGENCtS PTE LTD 1,1 No off*. Tenia* CfS BOOKINGS *****77 f fU US '"f* *****77 *****22 *****53 OK DWICT ll*S i Bjhiu harper mra son bho "tioo p KfUni HARPER WIRA SOW BHD M 7201 P 1,,, HARPER HWA SON BHD Penmf
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    • 512 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN. INCHON Vtutl Mi 7 P Kctanf Ptcui 7/2 14/2 21/2 3/3 2S/2 13/3 21/3 2J/3 40 IN SO IN 60 IN 402* &0» ton ton SPOUt »&IN!S WPIUNE AGtNCIS PTf I ID lei ?***** //P*****4 (Bookmp) ???7510/??1
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    • 831 21 W 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 KELANG MS SHARK AT NAH SOON SON BHD IST AND 2ND FLOOR NO 1 lAIAN CEMPENING PORT
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  • Page 22 Advertisements
    • 566 22 Itegimial Maincr Mws STORE AGENT: BANGKOK AGENT: SONGXLA AGENT: PORT KELANG AGENT: PENANG AGENT: BELAWAN AGENT: SMGAKXE SWfMG CORPN LMTED MARKETVIG TEL: *****68 NGOW HOCK CO LTD TIL: 286-1969. 286-1837 SONGXLA NGOW HOCK CO LTD TEL *****4 FARTS MARfTM SERVICES SON BH> MARXETWG TEL: *****3. *****1 DASWAN SON BH) MARKETWG
      566 words
    • 107 22 s? QJ s FARGO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICt SINGAPORE/BANGKOK -4 SAILING} WEEKLY Voy Spore BU PIYA BHUM 20N 22/22 lan 24/25 1» SM BMM 255H 24/25 Jan 21/21 lan SEA FOR TIM 1604 28/2 C tan 29/30 lan N™ BHUM 2111 29/21 lan 31/1 Fa* Accepbnt
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  • Page 22 Miscellaneous
    • 160 22 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND CJ Wmd direction with speed in knots Wove height One half fleche represents 5 knots R Thunderstorm Temperature o c Weather Wind direction with speed in knots ,n Wave height Cloudy Sky Surfoce winds are indicated by arrows which
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  • Page 23 Advertisements
    • 58 23 M NSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMNAI *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE STRAITS/TAIWAN/JAPAN CONTAINER SERVICE S E A./AUSTRALIA CONTAINER SERVICE iii,wrw.iy SSL B MCSWU B SEROIA B IBUTN B UCSAfU lIH PENINSULAR-SAB AH/SARAWAK/BRUNEI SERVICES MISC BULK
      58 words
    • 136 23 LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vessel UK*! S«(apart t lll** tmmt KWI Poem 4 N iai 19/29 lai 25/2« iw 24/24 ■TOUT PWEI fOBI 41 tm 19/19 tm 29/21 to 22/2) TO** ftNTUK S-S Iw 21/21 l» 27/27 Cjffo Kccpttd to Saifipart Cargo »4 accept to Jopan Ports including heavy
      136 words
    • 195 23 Scan Dutch 9 TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL"! PENANG i P KELANG I VESSEL SINGAPORE I 1) MARSEILLES !2) ROTTERDAM 3) LONDON I 4) HAMBURG |5) GOTHENE B Wu 4S« hMi/SM-t-' N Hwku>/U4* B Nraoi/Oli Ramcai/02( N MR/Mi TO RED SEA-MEDITERRANEAN FEEDER VESSEL VESSEL SINGAPORE Van NKk/714 N Van
      195 words

  • Page 24 Advertisements
    • 281 24 ».,w ooi» >« Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICAS /r\ Hi ;t afrk 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. Daressalaam 25 Feb
      281 words