The Business Times, 14 February 1986
1986-02-14
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The Business Times
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Title Section12 1986-02-14 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, FEBRUARY 14, IMC 75 CENTS12 words
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Article, Illustration808 1986-02-14 1 FOO CHOY PENG, LOH HUI YIN - ECONOMIC COMMITTEE REPORT By FOO CHOY PENG, LOH HUI YIN STRONG INDICATIONS that the economy will contract by 5 per cent in the first quarter have added urgency to the need to take action on the blueprint for the country's future, which was published808 words
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Highlights
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Article39 1986-02-14 1 PrtMem: Taxes are out of line with competitors and falling profitability. Saggeated action: Reduce corporate taxes from 40% to 30%, and perhaps eventually to 25%, and personal taxes to move in line and pro-rated all the way down.39 words
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Article32 1986-02-14 1 Problem: The nation is currently saving more than it can invest. Suggested action: Temporary reduction in employers' CPF by 15 points to 10 per cent. Contributions will be reduced by $I.sbn.32 words
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Article35 1986-02-14 1 Problem: Have been rising twice as fast as productivity. Saggeated action: CPF cut. No net increase in average wage costs for two years. Thereafter, increases should not exceed productivity. Long-term reform of wage structures.35 words
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Article29 1986-02-14 1 Problem: Must raise capital investment in machinery and equipment and identify opportunities. Saggeated action: Reduce corporation tax, introduce allowance of 30% on capital investment in plant and machinery.29 words
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Article33 1986-02-14 1 Problem: Dollar needs to find its own market level, but must take into account tourism and export competitiveness. Suggested actloa: Allow it to find level which would reflect fundamental economic trends.33 words
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Article18 1986-02-14 1 Problem: Still relatively high in real terms. Baggeated actloa: Government could exert downward pressure, if possible.18 words
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Article26 1986-02-14 1 Problem: Excess supply, possible repercussions on banking system. Saggeated actloa: Priority is to insulate banks. Property Market Consultative Committee under Finance Ministry will make recommendations.26 words
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Article12 1986-02-14 1 Problem: Tendency to accumulate. Saggeated action: Monitor and prune unnecessary rules.12 words
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362 1986-02-14 1 LOOKING BEYOND Singapore's immediate needs, the Economic Committee has laid down a long-term strategy designed to put Singapore among the developed countries while leaving it with an edge over its competitors. TTiis has six main thrusts: The productive channelling of resources; The maintenance362 words
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387 1986-02-14 1 VARIABLE RATES and sliding scale contributions are among the suggestions for the long-term restructuring of the Central Provident Fund submitted to the Government by the Economic Committee. "We think that beyond a certain point, say the age of 45, contribution rates should387 words
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Article, Illustration104 1986-02-14 1 THE STOCK MARKET finished below its best yesterday although it had a good start due to investors' eager anticipation of the Economic Committee's recommendations. As a result of profit-taking in the afternoon, most share prices closed with smaller gains. The revamped Straits Times Industrial Index, which gained 7.57104 words
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174 1986-02-14 1 Reuter JAPAN'S trade deficit with the US is one of the most politically and economically explosive issues in the world. The trouble is that when the two sides worked out what last year's gap was, US$lO billion got lost. Japan, eager toReuter - 174 words
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Page 1 Advertisements
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Advertisement141 1986-02-14 1 Money makes the world go round CITIBANKO Electronic Banking xsh Kirin Prawns Another Specialty only from Dragon City. HHB Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive service, so reminiscent of traditional Chinese hospitality and respect. At V* Am dst rich141 words
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Advertisement279 1986-02-14 1 L—dr, Pag* 8 In receivership Receivers appointed for another Tan Koon Swanlinked company, Sigma International. Plus update on Pan-El and GIH. See Page 13. SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE 15 OUR VIEW THE EXTENT AND THE SCALE of the proposals made by the Economic Committee ore279 words
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Advertisement12 1986-02-14 1 Full report, Pag* 12 Inl'l stocks, Page 10 Asian stocks, Pag* 1112 words
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Advertisement97 1986-02-14 1 "T B f 1 MINOLTA EP3SOZ 4 '■?\r r vivera A r BALLY of Switzaiand meets the challenge of today. The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe Co (Lucky Plaza) Chanrai Branches Spore Dai ma ru D'jien Boutique97 words
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HOME NEWS
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Article180 1986-02-14 2 ABOUT EIGHT TO NINE workers in Baker Marine are to lose their jobs after the Lunar New Year. This follows a "reorganisation" of the company, which designs oil rigs and manufactures marine engine parts, said its managing director Tan Wah Thong yesterday. "It's nothing to180 words
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Article67 1986-02-14 2 A SEMINAR to look into investment and trading opportunities in Australia for businessmen from Asia-Pa-cific has been organised by the Royal Melbourne Institute of Technology's Graduate School of Management. The Singapore Institute of Management is one of the seminar co-ordinators. "Small Business in Australia Managing the Opportunities"67 words
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359 1986-02-14 2 ELAINE KOH - Licence forbids advertising during programmes By ELAINE KOH COMPANIES eyeing the hotel in-house video market have discovered a hitch which could threaten the financial viability of the business. The snag is that advertisements which the in-house video service companies are counting on for the bulk359 words
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Article, Illustration437 1986-02-14 2 JEFFREY TSANG - By JEFFREY TSANG WORK ON the Institute of Molecular and Cell Biology is well underway with $6.7 million worth of sub-contracts awarded recently. The institute, which is situated on the National University of Singapore's Kent Ridge campus, attracted a great deal of interest among local contractors437 words
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268 1986-02-14 2 BUSINESS OPPORTUNITIES in India and details of its new fiscal policy will be explained at a seminar later this month to local businessmen keen to trade with the country. At the half-day seminar, a list of potential areas for trade and investment in268 words
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178 1986-02-14 2 WANTED: SINGAPOREANS between 20 and 30 years of age to play "ambassadors of goodwill" during a 12-day voyage from Japan to Taiwan on board the MS New Utopia. The Japan Junior Chamber Inc has invited the Singapore Jaycees to nominate two young Singaporeans,178 words
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Article481 1986-02-14 2 Seminars and Vj JZ-Cahn 1 3 C Exdo iers Tel: 2711 srtion Tlx: RS3 uourses p Fax: 2744 DURATION TITLE VENUE ORGANISER TELEPHONE Feb 24 Business Opportunities Hyatt Hotel Singapore *****11 in India Manufacturers' Association ond Indian Investment Centre ext 35 Feb 24-25 Career Selling World Trade Centre481 words
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208 1986-02-14 2 SINGAPORE'S RUBBER exports dropped 15.2 per cent from 906,196 tonnes to 768,079 tonnes in the first eleven months of last year, while imports fell 14.3 per cent from 601,381 tonnes to 515,429 tonnes. While exports in November dropped only 5.8208 words
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Page 2 Advertisements
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Advertisement78 1986-02-14 2 I I: A Prosperous Beginning Begin your connection to a prosperous Year of the Tiger with our special Prosperity Yu Sheng and good-luck dishes. Blooming Prosperity Course 8350 Bounteous Fortune Course 8450 We also have a range of good luck dishes to round up your prosperity. RIVER PALACE W "In78 words
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Advertisement131 1986-02-14 2 The r i» Lo vers,^S:^ 19B» 6 r tee* Celebrate Valentine's Day with this ideal gift. ErbenSpatlese. the lovers' wine, is a mature, full-bodied and fruity predicate wine. It is part of v the family of distinguished wines produced byFW l Vi Langguth—one of the la largest wineries in I'131 words
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OVERSEAS
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Article, Illustration63 1986-02-14 3 A GROUP of workers waving pencil lights to bid farewell to Pan American World Airways's last flight from Narita international airport in Japan on Wednesday night. The flight marked the end of PanAm's half-century of operations across the Pacific. The airline's Pacific routes have been taken63 words
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192 1986-02-14 3 Reuter A GROUP of Australian businessmen and industrialists have announced plans to launch a new employers organisation later this month to help fight against strong-arm union tactics and spiralling wage and other costs. A spokesman for the group, John Hay, told reporters inReuter - 192 words
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259 1986-02-14 3 UPI THE JAPANESE government has announced that Japan will continue to limit its car exports to the US at the present level of 2.3 million units for another year, beginning in April. International Trade and Industry Minister Michio Watanabe announced theUPI - 259 words
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Article140 1986-02-14 3 Reactions JAPAN'S biggest car manufacturers have criticised the government's decision to extend the country's voluntary restriction on car exports to the US as a political surrender to trade pressure. The president of Japan's biggest car company, Toyota Motor Corp, Shoichiro Toyoda, said that an extension was140 words
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Article244 1986-02-14 3 A MEMBER of Congress and the US motor industry had high praise for Japan's decision to renew a voluntary agreement to keep the number of cars it exports to the US at current levels for another year. The Reagan Administration has been urging Japan to make244 words
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143 1986-02-14 3 Bernama THE KOREA Chamber of Commerce and Industry (KCCI) plans to invigorate its private trade diplomacy this year to cope with protectionism in rich countries. The chamber, one of Korea's four major private economic bodies, will send trade missions to 13 countries and will inviteBernama - 143 words
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Article158 1986-02-14 3 AP THE AMERICAN Commerce Department has issued a preliminary ruling that wax candles made in China are being sold in the US at less than their fair value. The department on Wednesday proposed levying an import tax equal to 60.7 per cent of the currentAP - 158 words
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433 1986-02-14 3 Baker suggests putting USss.6b into special fund AP A PROPOSAL made four months ago by US Treasury Secretary James Baker to provide financial aid to about 85 of the world's poorest countries is being revived, officials said. The plan aroused little enthusiasmAP - 433 words
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Article144 1986-02-14 3 AFP JAPANESE exporter! raised their prices in dollars by an average of 10 per cent between late September and mid-January as the yen gained more than 20 per cent on the US currency. A Bank of Japan report released this week said that electrical andAFP - 144 words
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476 1986-02-14 4 Both sides steering clear of trouble Reuter US NAVY carrier jets intercepted Libyan fighters more than a dozen times during Sixth Fleet naval manoeuvres in the Mediterranean on Wednesday but there was no hostile action. Pentagon officials said the Libyan MiG-25, MiG-23 and MirageReuter - 476 words
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Article202 1986-02-14 4 UPI PRESIDENT REAGAN, kicking off a critical election year for the Republican Party, says his policies have produced an economic boom that could go bust if Democrats regain control of the Senate in November. Reagan made his first political appearance of the year on WednesdayUPI - 202 words
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206 1986-02-14 4 Reuter THE REAGAN administration has underestimated defence outlays and overestimated economic growth in its fiscal 1967 budget proposal. As a result, according to a study prepared by economists at Salomon Brothers Inc and released on Wednesday, the deficit next fiscal year will be muchReuter - 206 words
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439 1986-02-14 4 AP rHE REAGAN administration, siting "tough verification issues," has rejected a Soviet proposal (or a formal agreement to stop nations from acquiring chemical weapons. Instead, it said the US and Soviet Union should work together for a total, global ban on such weaponsAP - 439 words
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134 1986-02-14 4 Reuter US AUTHORITIES have levied duties on iron from Canada and steel from Turkey and Thailand after the US International Trade Commission ruled that the imports were hurting domestic industries. The Commerce Department had assessed temporary duties on iron construction castings from Canada afterReuter - 134 words
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Article928 1986-02-14 4 ARRIVALS Operator Srnem number Local tHM From THAI FT PAA TG981 FT71 PA21/5 0025 0110 0155 JEK/ORD/ANC /nrt/mnl/tpe lax/tyo/hkg UTA SV UT5499 SV398 0240 0445 NOU JED/RUH SIA SiA CAL MAS MAS SQ4t SQ43 doio MH681 MH7170 0615 0730 0740 0820 0845 MAA DHA/MAA JED/DHA KUL KUL928 words
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319 1986-02-14 4 UPI A SWEDISH research project that secretly monitored more 15,000 pmplr for 33 yews has drawn criticism sad demands that it be stopped, hut the head of the project insists that people do not "own information on themselves". The project Metropolit collected data onUPI - 319 words
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Page 3 Advertisements
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Advertisement180 1986-02-14 3 Qanlas.More flights to more holiday destinations in Australia than any other airline. Australia, a continent so vast and diverse that it offers a huge range of holidays as different and as magnificent as the landscape itself. Explore the wild North Country on a four wheel drive photographic safari. Fish for180 words
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Page 3 Miscellaneous
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Miscellaneous86 1986-02-14 3 Doonesbury A 1 2 5E a i v w 1 AFTERTHAT, ITS JUST A MATTER OF COUEOCR EXPOSURE- WHEN YOUR DEALER SEUS A WORK BYANESJA&USHEPAZTGT, HE THROWS IN ONE OF YOURS TO 6ET YOUR NAME AROUND IPS CALLS? COAT-TAIL CARE6RJN6. 1W M m I f n V **-1 m x%86 words
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Page 4 Advertisements
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Advertisement20 1986-02-14 4 STYLE REDEFINED PIERRE BALMAIN iTT« I f 4 r M fcTul 1 y. r _;J I W A M-f? **/J20 words
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Advertisement0 1986-02-14 4 &;>?*,\_^:~"^>+~`<%%<,,'/$]+$-!0 words
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AIR CARGO
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Article, Illustration251 1986-02-14 5 BRIAN GOMEZ - By BRIAN GOMEZ CARGO OPERATIONS for Singapore's flag carrier will receive a fillip starting in April with the introduction of the first Big Top 747 Combi aircraft. The aircraft will be slotted into the summer schedule of Singapore Airlines (SIA),251 words
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504 1986-02-14 5 Cargonews Asia YEAR-END FIGURES for 1965 show that Hongkong Air Terminals Limited (HACTL) managed to sustain positive growth by a slight margin. A remarkable surge in November/December loadings included a number of extra section charters. The forecast of 413,000 tonnes moving through theCargonews Asia - 504 words
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Article234 1986-02-14 5 ARRIVALS DEPARTURES Operator Flight Local time From Operator Flight number Local ttm« For FRIDAY FT FT71 0110 JFK/ORD ANC/NRT NW NW906 1035 HKG/NRT/ LAX/SFO MNL/TPE KAL KE697 0200 BKK/ FT FT71 2355 JFK/ORD (SEL) ANC/NRT KAL KE698 0200 BKK/ TPE (SEL) JAL JL615 0945 KUL FT FT76 0250234 words
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419 1986-02-14 5 LIM SOON NEO - Ray of hope for industry By LIM SOON NEO THERE IS NO roaring demand as yet for air shipments of electronic components but the Year of the Tiger has at least brought a glimmer of hope for the affreight industry. Several airlines and freight419 words
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Article75 1986-02-14 5 Reuter INDONESIA'S Garuda Airline has landed itself in a row over cockatoos a protected species that is banned for export. It has been told to withdraw posters showing a bird trader with a cockatoo on his hand and a caption saying Garuda handles theReuter - 75 words
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Page 5 Advertisements
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Advertisement728 1986-02-14 5 THE RESTAURATEURS IN SINGAPORE THE WESTIN HOTELS OF RAFFLFS CITY ARE DELIGHTED TO ANNOUNCE THE OPENING OF A NUMBER OF THEIR FINE RESTAURANTS AND HOSTELRY ESTABLISHMENTS. SITUATED IN THE NEW WESTIN PIAZA HOTEL, THESE WILL ctrrnn pood AND REFRESHMENTS TO THE GUESTS OF THE HOTEL AS WELL AS TO THE728 words
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RAW MATERIALS
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485 1986-02-14 6 Global market faces uncurbed supply AFP FOR THE FIRST TIME in six years, the world coffee market will enter a period of unrestricted supplies when the International Coffee Organisation (ICO) lifts its export quota system on Feb 18. The suspension of quotas forAFP - 485 words
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Article349 1986-02-14 6 Reuter THE CO-AUTHOR of a multi-mil-lion-dollar plan to end the three-month-old global tin crisis said on Wednesday that he hoped to see a settlement this week with tin trading on the London Metal Exchange (LME) resuming at the beginning of March. Metal broker Ralph KestenbaumReuter - 349 words
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148 1986-02-14 6 Reuter INDIA has lifted restrictions on tea exports for the first time in two years and might postpone fixing a ceiling as long as domestic prices remained stable. A planter's organisation official said on Wednesday that India imposed the export ceiling in 1984 toReuter - 148 words
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211 1986-02-14 6 Reuter COCOA PRICES on the London Commodity Exchange fell to their lowest levels in 18 months on Wednesday under pressure from sales by the Ivory Coast, the world's biggest producer of the crop. Cocoa for delivery in May fell to £1,637 aReuter - 211 words
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Article201 1986-02-14 6 SOYBEAN FUTURES on the Chicago Board of Trade sank after mid-session on Wednesday and closed B>4 to seven US cents a bushel lower. March ended near the bottom of a 10'/j-cent range. Aggressive professional selling, coupled with the long-term fundamental outlook for poor domestic and export demand for American201 words
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Article66 1986-02-14 6 Robusto 20/25% FOB NSW 6S0 00 Nutmeg ***** HO FOB NSW E4W FOB NSW ***** Gombier FOB NSW 330 00 London Commodity Exchange Sellers' doting prices on Feb 12 (US$/long tonne CIF European port*, unlets otherwise stated) Pepper (Soro wok) Foq, spot 6400 White foq, a Hoot 640066 words
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Article197 1986-02-14 6 WHEAT FUTURES on the Chicago Board of Trade closed 2V* to I'/« US cents a bushel lower on Wednesday, with March near the bottom of its 4V4-cent range. Wheat prices failed to extend Tuesday's rally, declining along with plummeting soybean values, traders said. The tight deliverable stocks situation for197 words
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Article1081 1986-02-14 6 COFFEE Robusta futures ended a volatile day on Wednesday near the lows of a maximum £50 traded range with losses from Tuesday night of £43 to £60 a tonne, weighed down by nervousness and a weak New York in the afternoon. The market came under pressure from light1,081 words
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Article111 1986-02-14 6 THE Kaala Lumpur Tin Market (KLTM) price firmed Mfl.fJ ta fll.M per kg on farther shorteavertag activity yesterday. The flrmaeH fellewed farther hapea ef a settlemeat te the three-maath •M tin crisis awl the resamptlea af trading aa the Laadaa Metal Exchaage (LME) at the begiaaiag ef March,111 words
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Article161 1986-02-14 6 CRUDE PALM oil prices closed lower on light selling yesterday in continuing dull conditions as most operators had not returned from the Lunar New Year holidays, dealers said. Sentiment was dampened by continued weakness in Chicago soyoil futures. March deliveries in the north and south regions were reportedly161 words
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Article66 1986-02-14 6 Bangkok (US$/tonf». FOB) White Rice 100% 1st class 270 100% 2nd doss 245 100% 3rd class 240 5% 230 10% 225 15% 220 20% 210 25% 200 35% 195 Broken Rice A-1 Super 140 A-l Special 137 C-l Special unq C-l Ord unq Loonzain Rice 100% 1st grade unq66 words
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Article301 1986-02-14 6 SINGAPORE The market closed firmer yesterday with March One RSS buyers quoted at 166.00 cents a kg, up two cents from Wednesday. Prices rose one cent in quiet morning trading on short-covering with higher Tokyo advices aiding sentiment. Speculative buying and continued short-cover-ing coupled with a reserve of sellers301 words
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Article322 1986-02-14 6 RAS prices m S cents/kg, FOB in b ales NOON CLOSE Buyer* SeKen Bwyers S<ft<n tnt 1 RSS Prompt 163 00 164 00N 164 50 165 SON tnt 1 RSS Mar 86 164.75 165 25 166 00 167 00 Int 1 RSS Apr 86 169 00 169322 words
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Article104 1986-02-14 6 (centt/ka, 1-ton pallets) MAR 86 ARL 86 (currant month) (forward month) NOON NOON RAS Buyon Stllan Buyers StlUa SSR 20 171 00 173.00N 172 00 *****N SSR 50 166 50 168 SON 167.50 169 50N MRELB Ivytn kytrs Sclltn SMR CV 235 00 237 00N 236 00104 words
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Page 6 Advertisements
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Advertisement99 1986-02-14 6 DHAKA your Gateway to RANGOON KATHMANDU CALCUTTA BOMBAY KARACHI BIMAN welcomes you to the world of Oriental Enchantment Each of these cities offers its own unique charm. You'll be enthralled by the abundance of historic landmarks and the warmth of their people. And while you're there take this chance to99 words
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Advertisement44 1986-02-14 6 MEET YOUR BUYERS&SEUERS at 1 3 tf'H 86 kk Organizer: OinWflElfl CHINA NATIONAL CHEMICALS IMPORT EXPORT CORP. Date: 17-28 FEBRUARY 1986 Venue: LEVEL 3, HILTON INTERNATIONAL SINGAPORE Enquiries, call: SINOCHEM (SINGAPORE) REPRESENTATIVE OFFICE 50. RAFFLES PLACE #22-06 A SHELL TOWER SINGAPORE 0104. TEL: *****6644 words
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BANKING AND FINANCE
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493 1986-02-14 7 Reuter CREDIT MARKETS in the US may have got a mild lift yesterday from expected news that retail sales in January posted a much smaller gain than December's 1.9 per cent, according to analysts. Retail sales will show a 0.8 per centReuter - 493 words
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139 1986-02-14 7 Reuter UNION BANK of Switzerland, the nation's largest, has applied to become the first European bank to set up its own US government bond dealership. A bank official in New York said yesterday that eventually, it would be impossible to competeReuter - 139 words
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296 1986-02-14 7 AFP BRITAIN will adhere to the exchange rate mechanism of the European Monetary System (EMS) before the end of the year, possibly during the expected re-alignment of EMS currencies following the French elections on March 16. Midland Bank in London said inAFP - 296 words
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Article, Illustration960 1986-02-14 7 SINGAPORE The US dollar ended sharply lower against most major units yesterday. The dollar fell sharply to a late 183.10/20 yen, the lowest since Nov 1, 1978, against an early 186.25/35 and New York's close of 186.40/50. It ended lower at 2.3530/40 marks compared with New York's 2.3630/40960 words
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Article121 1986-02-14 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1H point from Wednesday to close at 6 per cent yesterday. The one-month term rate rose by 7/16 point while the two and threemonth rates firmed by 1/16 point each. S$ Interbank rates at 7pm yesterday: Otter121 words
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Article337 1986-02-14 7 Asian market ASIAN DOLLAR deposit rates closed little changed from opening levels in quiet afternoon trading yesterday. Dealers said most operators were sidelined due to the absence of fresh factors and were awaiting the release of US January retail sales data. Short-dates firmed 1/16 point at the outset following a337 words
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Article315 1986-02-14 7 BA Futures MARCH EarsdsUar opened unchanged yesterday from CME's close at 91.93. Liffe opening saw the March contract closing at 91.93 and June at 91.94. March yes opened at 5378 and firmed up to 5427 before meeting resistance. But rumour that a big Japanese car exporter was going toBA Futures - 315 words
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Article206 1986-02-14 7 HONGKONG: The metal closed softer on fairly active overseas selling yesterday afternoon. Bullion ended at the day's low of U*****.20/70 an ounce, little changed from an initial $337.30/70 but was below New York's (337.80/338.30 close. On the local market, gold ended HK$lB lower at $3,130 a tael. The krugerrand206 words
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Page 7 Advertisements
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Advertisement244 1986-02-14 7 II mm Wm Cafe Fontainebleau Explore Our Endless Variety r frv lis/ Every morning from 7 am, Rou Gu Cha for only $6.50 per person. At our newly opened Cafe Fontainebleau, Rou Gu Cha is served every morning. A traditional favourite made from pork ribs simmered with herbs served with244 words
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Advertisement143 1986-02-14 7 his ta ,i the special 4 tor 3 fl e de \egates tor Catch the Tiger y you at a u yOU register four. The sKi»s Sten Jessen ca Manage hte la With the S pecia\ for 3 ofl delegates tor tmms tial •rirr.o/ThinK the world J ,rn tai i143 words
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FEATURES
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Article493 1986-02-14 8 ECONOMIC CHANGE was in the air well before the publication of the major recommendations of the Economic Committee. Nevertheless, the extent and the scale of the proposals now being made as firm representations to Government are staggering, and adequately justify the sub-titling of the report, New493 words
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Article1245 1986-02-14 8 LIM SOON NEO - Promotional programme rewards regular clients with preferential treatment It's not only on the ground that you can become a member of an exclusive club. The airlines too have their clubs in the air for their frequent fliers, reports LIM SOON NEO. LIM SOON NEO AN1,245 words
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503 1986-02-14 8 NYT HOWARD LANDAU is a frequent flier. He is a very frequent flier. He may be a too frequent flier. In the past four and a half years, the 42-year-old truck-tyre salesman from New Hersey, who sometimes flies for funNYT - 503 words
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799 1986-02-14 8 MARGARET THOMAS - Viewpoint By MARGARET THOMAS SOME YEARS AGO, I suggested in a column that the younger ministers, being technocrats, perhaps lacked the human skills critical to the art of politics. A reader called and said he found my views "interesting" and then added: "Just799 words
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Page 8 Advertisements
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Advertisement133 1986-02-14 8 Training improves your hance Let BT show you how every Wednesday. h Roar with delight over our Raw Fish! Toss our festive Yu Sheng to the spirited roar of bio Qi' (Lo Hei) and usher in a the lunar new year on a happy note. The auspicious dish for good133 words
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Page 8 Miscellaneous
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Miscellaneous29 1986-02-14 8 immms mmmmi} m m m iimi i i iiiißilß I übbb hbbb mum B JJBB iiliflßß HBBBBifIBBB ■1888 ***** 9 1188 aflilßß mmum ■1888 *****8 iiIBBBBB B B *****888829 words
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Miscellaneous383 1986-02-14 8 CRYPTIC PUZZLE ACROSS 4 In a way, Cleo's a comfort (6) 7 Mokes a tidier price, one gathers (6, 2) 8 Unlike those clever angles (6) 10 He may be given socks! (5) 13 So we somehow get the miseries (4) 14 Is there nothing to say anew about this383 words
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Miscellaneous349 1986-02-14 8 27 Scottish resort (4) 29 Telephoned (4) 32 Produce grating sound (4) 33 Type of chair (5) 34 Wears (6) 35 Protective clothing (8) 36 John, former Beatle (6) DOWN 1 Deep chasm (5) 2 "Fiddler on the Roof" stor (5) 3 Pain (4) 4 Musical instrument (5) 5 Tribe349 words
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SPORTS
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Article395 1986-02-14 9 WALTON MORAIS - PGA selects Eng Soon, Kian Tiong and Leng Ann By WALTON MORAIS The SINGAPORE Professional Golfers' Association has officially selected Poh Eng Soon, Lim Kian Tiong and Lim Leng Ann to represent the Republic in the Dunhill Cup Pacific zone qualifying competition at Bukit on May395 words
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Article, Illustration226 1986-02-14 9 AP ARRANGEMENTS HAVE been completed for the broadcast of the 1986 World Cup soccer games to at least 131 nations and the number should exceed 150 by the time the tournament starts. Guillermo Canedo, president of the organising committee for the event,AP - 226 words
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Article, Illustration644 1986-02-14 9 JEFFREY TBANG - By JEFFREY TBANG IT WAS PAST midnight when the Porsche 944 Turbo slipped into the night, its white decalclad body gleaming in the dark. Destination, Bangkok. The car had arrived in Singapore three hours earlier on Feb 8. But it was already time644 words
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238 1986-02-14 9 Reuter THE EXECUTIVE BOARD of the International Olympic Committee has supported a proposal to throw open the Summer and Winter games to all athletes, including currently excluded professionals. The 11-member board endorsed a plan to give "professional and state athletes the same opportunity," presidentReuter - 238 words
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Article, Illustration266 1986-02-14 9 UPI AUSTRALIA II spread-eagled the fleet to score the biggest win of the championships on Wednesday when it captured the fourth heat of the world 12-me-tre titles in uncharacteristic light conditions off Fremantle, Australia. Australia II led from the starter's gun and romped across theUPI - 266 words
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191 1986-02-14 9 Reuter DEFENDING CHAMPION Tim Mayotte of the US withdrew from the USJI.B million International Players Tennis Championships on Wednesday due to a pulled stomach muscle which had kept him idle for 10 days. "This is very disappointing," said Mayotte, who was unable to playReuter - 191 words
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Sports notes
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Article149 1986-02-14 9 "LOOK AT ME TOMORROW" ordered the bearded, glowerteg American baseball star Randy Bass in full-page advertisements appearing in major Japanese dailies and sports papers Otis week. As promised, the next day be was back, a smile on his lips,; a Gillete razor in his hands149 words
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Article78 1986-02-14 9 BEN LEXCEN, who designed the winged-keel that helped Australia n win the 1963 America's Cup, has come up with another winning idea. His new mast is being hailtd as the secret behind Australia Hi's startling burst of which won the third heat of the 12-metre World78 words
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Article105 1986-02-14 9 A LAWYER for the AC Milan president says he hopes to invalidate the apparently successful takeover of the financially troubled Italian soccer team. Alberto Ledda, representing president Giuseppe Farina, will go to court to try and block the acquisition of 51 per cent of thia club by Italian105 words
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Article84 1986-02-14 9 Agencies WALES MANAGER Mike En* gland has been offered a £5,00§ incentive to guide his side inti the finals of the Europea4 Championships. The Welsh Football Association sees this bonus as a way of softening the blow of having his annual salary more than halved to £10,000 inAgencies - 84 words
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Page 9 Advertisements
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Advertisement59 1986-02-14 9 #03-13 to 03-20 Plaza Singapura (above Yaohan Orchard) S'pore 0923 Tel: *****61, *****45/6 TEOCHEW CUISINE Economical Lunch/Dinner $12 per person Wedding Function $180 per table C Yu Sheng 1 (raw fish) i $15/ fufj DIAN XIN $1.50 per basket Prepared by HK Master Chef a *v 1 VIV m A59 words
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Page 9 Miscellaneous
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Miscellaneous1083 1986-02-14 9 W TO mm Stella Stevens stars as a strong-willed woman sheriff FRIDAY NIGHT MOVIE No Man's Land 10.30 pm, Channel 5 This is a typical Old West tale, except that instead of a macho male sheriff, we have a beautiful woman taking her husband's place after his death. This creates1,083 words
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INTERNATIONAL STOCKS
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Article, Illustration325 1986-02-14 10 Reuter REUTERS Holdings PLC's new business has been running at record levels in recent months, auguring well for continued growth in 1966, managing director and chief executive Glen Renfrew said. Reuters reported 1985 Ktax profit of £93.6 mil- up from £74.2 million inReuter - 325 words
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Article136 1986-02-14 10 AP WESTLAND PLC shareholders have voted to accept a takeover led by the US Sikorsky Company, finally defeating a European Md to stop Britain's only helicopter maker coming under American control. The vote was taken after a day-long and often acrimonious meeting of shareholders on Wednesday inAP - 136 words
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333 1986-02-14 10 Reuter A MODERATE-SIZED gain on Wednesday took the New York stock market further into record territory, although a couple of stocks prominent in the Dow Jones Industrial Average provided much of the fire power. The Dow Jones Industrial Average gained 7.11 points toReuter - 333 words
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Article110 1986-02-14 10 FEB 12 c* Mud Boy M*i 7* 42* Abrtfe 21* Inco 19* 38 44 19* AJgomo 20 Kerr Add 17* Argotn Hklgs unch unch Lobiow B 23* unch Bonk Mont Baii Nova Scotia EM Canoda 12* 37* Mosscy F«rg Mc BkxW 2* 26* inch BP Can Ltd 28 30110 words
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Article228 1986-02-14 10 FIB 12 taad Ukmc Woofcvorth 1350 unch INDUSTVIALS MININGS A Alpha 1250 50 4150 100 Abercom AE And a 245 1025 540 unch 25 Anglvoai Hyyoors *****8 1610 35 50 AAMC Barlows 4000 1470 unch 5 Buffeh Charter 2600 100 CNA Curne France Edgars F*d Vofc Fugrt 240 525S228 words
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Article583 1986-02-14 10 FEB 12 US$ Frestone Tire 24* Natl Gypsum Co 45* inch Fluor Cp 15* unch NCR Corp 45* -I-* AJcan AJumn 31 vn FMC Cp 70 48 Alcoa 45* 68* Norfolk 85* Aiegheny Lud 18* Freeport M«1 15* AJbed Cham Cp 49 Fre«4touf Cp 26* Afced Stores 72*583 words
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Article883 1986-02-14 10 Amsterdam FES 12 tHN Ft. 570 VI .0 106 00 -1 3 •Jv>4d 76 50 -1.8 fckio 163 10-17 •JMEV 8170 -09 Kmro Bank 106.80 -3.9 3700 nidi JOft Jorsumi 588 00 3 )oikak» kjr Tat 138 00 4-0 3 'aland "c*v. 507 00 -8 y* .IwvMr 173.00883 words
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Page 10 Advertisements
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Advertisement637 1986-02-14 10 m£ mem p; s /7-P May Good Fortune and prosperity be yours at theFurama with our YUSheng. Dine on our freshly prepared Good Luck Raw Fish and we're sure good fortune and prosperity will be yours this year. (Available from February 9th to 23rd.) Price: $20 (2-3 persons) $40 (4-6637 words
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Advertisement364 1986-02-14 10 On sk)ui beti you cm Crown Prince Hotel Valentine Special. February 14. 1986 Celebrate St Valentine s Day with that special someone at the Crown Prince For an enchanting evening treat her to a sumptuous 4-course dinner candle-lit in an atmosphere of intimacy Ytour sweetheart will receive a lovely red364 words
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ASIAN STOCKS
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Article436 1986-02-14 11 HONGKONG: Share prices closed narrowly mixed yesterday after a day of generally featureless trading owing to a lack of fresh factors. The Hang Seng Index ended 3.37 higher at 1,746.40 after lagging by nearly seven points earlier. Trading companies rose on light speculative buying with Hutchison Whampoa gaining 30436 words
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Article236 1986-02-14 11 FEB 13 A1 S*Kcr« Indus A wo Cement NT 2 25 26 50 0 1 04 Nan Yo Ptos Pacific Cons Pocrfic Elect Wire 3370 19 10 1540 0 5 0 1 02 Cothoy Cons 32 10 •0.1 Chang Hwo Bank 4620 2330 0 7 03 ShMn Paper Taiwan236 words
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Article432 1986-02-14 11 TOKYO: Prices eased back yesterday on profit-taking centred on front runners. After touching a record 13,340.05 in the early morning, the market average fell 6.78 to finish at 13,293.80, the first drop in 10 days. The average rose 74.51 to a record close of 13,300.58 on Wednesday. Turnover was432 words
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Article75 1986-02-14 11 Onentol B 0 011 unch Phrfex B 0 1450 0 00 ACO|C MtfWQ Anglo Phil 000) unch Ape* Mnng 6 0009 unch Artos Coo B 11 50 -0 25 Boguto Gold 0 001 unch Bovc Petroleum 0003 unch 23 50 0 5 Benguet Coo 8 106 unch 0 005575 words
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Article365 1986-02-14 11 SYDNEY: Australian share markets yesterday recorded their largest fall for three months on profit-taking in industrial stocks as well as weaker oil and metal prices. At the close of trading, the All Ordinaries Index had fallen 15.4 points to 1,039.7, the All Industrials 21.6 to 1,591.7 and the All365 words
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Article72 1986-02-14 11 FEB 13 Won 659 -I Hyundai Const Hyundai Motor KAL 1000 2170 696 20 90 •9 615 +2 660 -3 67 J 1820 +67 510 -7 346 •12 Doewoo Corp 670 30 Lucky Ltd 880 1 930 805 4 Dong Ah Gold Star Hontl Bk 475 1090 671 172 words
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Article128 1986-02-14 11 BANGKOK: The Securities Exchange of Thailand Index improved 0.20 to 136.78 yesterday. Turnover amounted to 176,494 shares valued at 18.1 million baht. FEB 13 lahts San Ota en 75 50 +05 Aokhom Thai Stom City 8 438 Ayuthoya In* 2 South Ana F4»re 148 Bangkok Agro-tnd 24 SO +05128 words
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Article63 1986-02-14 11 Reuter HONGKONG'S Mass Transit Railway Corp has given Manufacturers Hanover Asia a mandate to raise a HKsl-billion floating rate note issue. The sevenyear issue would be split into two tranches a straight issue with interest at V 4 percentage point over the Hongkong interbank offered rate, andReuter - 63 words
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Article345 1986-02-14 11 AP AMERICAN and British investment companies have launched legal action to try to block measures taken by Japan's Minebea Co to defend itself from their takeover bid, the first hostile foreign takeover attempt in Japan. Officials of Trafalgar-Glen Ltd, owned by Trafalgar Holdings Ltd ofAP - 345 words
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149 1986-02-14 11 ORIENT OVERSEAS Holdings Ltd has given its creditors a restructuring plan to bring the shipping concern back to financial health in two years. Orient's director, Roger King, said in Hongkong yesterday that the company, financial adviser Hambro Pacific Ltd and creditors were discussing the149 words
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Page 11 Advertisements
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Advertisement816 1986-02-14 11 TEPPAN YAKI Succulent Steak and Seafood prepared right before you at the way you like them. "*1 <8 Try our Japanese Set Lunch/Dinner. Prices are affordable created to suit local taste. Our chef has created several Sushi Sets for local taste buds (Available only at Parky Hill-Top Japanese Restaurant i816 words
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Advertisement187 1986-02-14 11 PEKING A SICHUAN RESTAURANT 7T~~ Symbol ol U>o9*v.ty B,r( Sh Years of Abundance uw»u»»v journey or i**Bon Voyage Home o» Luc* $628 tor 10 persons 1 LU "7",Q,L«> 1 ptux* 01 prosperity L 1 BwWO m ol P; ospe 1 o/ Hannaaay X.O. Brandy FREE. f or mry reserved table.187 words
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SHARE INFORMATION
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Article, Illustration4158 1986-02-14 12 AFTER A MILD morning rally, share prices fell back in the afternoon at the Singapore stock market yesterday as most investors were not impressed by the recommendations put forth by the Economic Committee. "The market has been firm in anticipation of the report's4,158 words
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Article240 1986-02-14 12 SINGAPORE Rites Inc M IICM FAN SpM tm AM Owe Pi— Sym Laa* LtMSOl 1 c C«r»t«i 50* "WTTB S 1 A ftwto Sri Hirtw lo*y Elact TOM J C Eat Pari* Flaat Taw. 4 Ot 590 615 263 190 444 250 249 117 396 235 144240 words
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Article2888 1986-02-14 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'.2,888 words
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Article100 1986-02-14 12 HONGKONG Wednesday 1613.4 Hong Seng Index Week ogo 1618 3 Thursday 1746.40 Wednesday 1743.03 NEW YORK Week ago 1719.67 Dow Jones TOKYO Wednesday 1629 93 Tuesday 1622.82 Nikkei Average Week ogo 1593.12 Thursday 13z93 80 Wednesday ***** 58* Stamford Poors Week ago *****.61* Wednesday 215.97 Tuesday 219.49 TSE100 words
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Page 12 Advertisements
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Advertisement10 1986-02-14 12 KL marfc«t report, Business don« on ttM KLSE, Pago 1310 words
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COMPANY NEWS
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490 1986-02-14 13 HOMER CHEN - By HOMER CHEN BROKERAGE HOUSE Alfa-Pa-cific Securities Pte will stop trading in the middle of next month. Peat Marwick Mitchell Co will be appointed managing agent for the firm, relieving the Stock Exchange of Singapore of the responsibility of managing it. The reason for490 words
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739 1986-02-14 13 LORETTA McLAUQHLAN - By LORETTA McLAUQHLAN SIGMA INTERNATIONAL, the Tan Koon Swan company with a 22.3 per cent stake in defunct Pan-Electric Industries, was put into receivership at the end of last week, say banking sources. It is believed that international accountants, Peat, Marwick, Mitchell k739 words
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Article, Illustration530 1986-02-14 13 NAJEEB JARHOM - By NAJEEB JARHOM SHIP-REPAIRER Sembawang Shipyard Ltd is slowing coming out of the woods. BT understands that the group's mainstay shiprepair business, which lost money in the first semester of 1985, managed to return to the black in the second half, albeit slightly, owing to strenuous530 words
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Article2120 1986-02-14 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. MDUSTRMLS A Otoe (2.106) (1) 3.90 xd AMD (3 86S)2,120 words
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235 1986-02-14 13 A CONSORTIUM OF banks, which includes the Tat Lee Bank group ot Singapore, has sold the Empress Hotel in Hongkong's prime business district, Tsimshatsui, (or more than HK$l2O million. The financial syndicate involved in the deal comprises Tat Lee Bank's fully-owned Hongkong depositary-taking235 words
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Article101 1986-02-14 13 WEARNE BB0TEEB8, limited: 71st AGM at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, today at 10.30 am. 8INOAPOBE PRESS H*Miags Limited: 1st AGM at the Auditorium, 2nd Floor, News Centre, 82 Genting Lane, Singapore 1334 tomorrow, Feb 15, at noon. NEW 8TB AITS TIME8 Press (Malayria) Berkad:101 words
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Article267 1986-02-14 13 Managers' prices for Feb 14 Singapore Unit Trust The Commerce 0 86 0 91 The Savings Fund 0 77 0 82 S'pore Prog Fund 0 34 036 S pore Sec Fund 0 56 060 S'pore Invest Fund 0 49 0 52 S'pore Equity Fund 0 39 0 42267 words
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Article30 1986-02-14 13 DUFF DEVELOPMENT clarified that General Ibrahim Ismail has been appointed a director of the company only. The chairman of Duff is still Tan Sri Datuk Lee Loy Seng.30 words
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Article299 1986-02-14 13 STRONG GARMENT exports and better internal quality control have helped South Pacific Textile Industries Bhd to weather the difficult conditions last year. For the year ended Sep 30, 1965, SPTI managed an 8 per cent increase in after-tax profits to M 51.68 million, thanks in299 words
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Article494 1986-02-14 13 SENTIMENT changed for the better at the Kuala Lumpur stock market yesterday and most share prices managed to recover some lost ground. A large part of the day's activity was in the industrial sector which accounted for more than 70 per cent of the total volume. Buying494 words
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Page 13 Advertisements
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Advertisement224 1986-02-14 13 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. 1» (Revised) AND THE UNITED PHARMACY PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE Is hereby given pursuant to Section 308 of the Companies Act, Cap. 185 that a Final Meeting of the Members of the abovenamed Company will224 words
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Advertisement315 1986-02-14 13 NOTICES IN THE MAim or THE COMPANIES ACT (CHAPTEH 1M) AND IN THEM ATTUI OP SING PAHAL ENTEKPBH PTE. LTD. At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Cross Street, #11-22, People's Park Centre, Singapore 0105 on Friday, the 7th day of315 words
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Advertisement291 1986-02-14 13 THE COMPANIES ACT, CAP. 1M SnOLUX PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act, Cap. 185, that a Meeting of the Creditors of the abovenamed Company will be held at 3 Shenton Way #09-06 Shenton House, Sin-, gapore 0106 on Monday, the 24th day291 words
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198 1986-02-14 14 TAN KOON SWAN, who will be back in the Republic this Saturday, is likely to engage a Queen's Counsel for his defence against 15 charges of abetment of criminal breach of trust, cheating and share market rigging. According to sources, Mr Peter Yap,198 words
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Article64 1986-02-14 14 Bernama FORMER Bumiputra Malaysia Finance (BMF) director Datuk Mohamed Hashim Shamsuddin wants to have a lawyer from Singapore cross-examine witnesses at the KL High Court relating to his extradition from Britain to Hongkong. His solicitors filed an application on Wednesday for Mr Francis Seow toBernama - 64 words
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Article112 1986-02-14 14 GU MU, the Chinese state councillor responsible for developing economic cooperation between Singapore and China, arrives today for an eight-day visit. He will be received by Dr Tony Tan, the Minister for Trade and Industry and Minister for Education. Mr Gu will meet Dr Goh112 words
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Article, Illustration261 1986-02-14 14 ANNA TEO - By ANNA TEO A SINGAPOREAN Is among a group of overseas directors of The Parker Pen Company who have bought out Parker's writing instruments group, moving the company from the United States to Europe after more than 100 years. Mr Danny Lum, 40, Parker's regional261 words
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305 1986-02-14 14 MONICA GWEE - By MONICA GWEE PRIVATE HIRE (SZ) cars can now be scrapped for Preferential Additional Registration Fee (PARF) for the purchase of new private cars. But the SZ cars must not be more than seven years old. Previously, SZ cars305 words
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326 1986-02-14 14 THE SINGAPORE government has replied to a protest by the Malaysian government over a remark made by Mr Goh Chok Tong concerning the Malaysian Chinese Association (MCA). A letter was handed yesterday to the Malaysian High Commissioner to Singapore, Mr KT Ratnam,326 words
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Article923 1986-02-14 14 SHARE PRICES opened mixed in quiet trading yesterday following Wednesday's gains to record closing highs. At 12.30pm, the FTSE 100 was 0.5 point down at 1,469.5. In lower oils, Norsk Hydro was down at 12 3 after full-year and fourth quarter figures, with BP 5p off at 545.923 words
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182 1986-02-14 14 Bernama JOHORE will reduce the export of fish to Singapore in view of increasing local demand, state executive councillor Haji Mohamed Salleh Kasmin said yesterday. The state government wanted to ensure that there was an adequate supply of fish locally before they wereBernama - 182 words
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Article, Illustration325 1986-02-14 14 Mill IDDIKIEC j rmurniio POLL AP UPI AFP PRESIDENT Ferdinand Marcos assumed an early lead over challenger Corazon Aquino yesterday as the Philippines National Assembly launched its official canvass of the vote in last week's presidential election. With nearly one-fourth of theAP; UPI; AFP - 325 words
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Article52 1986-02-14 14 COMEX GOLD FUTURES lost more than US$4.OO yesterday morning on selling which was carried over from a weak London gold market. The pace-setting April gold delivery fell $4.70 at $336.10 an ounce after taking out an important chart support at $337.00. The silver repsrt was Ml available at52 words
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Article66 1986-02-14 14 Reuter THE NEW YORK stock market was mixed in active trading yesterday, after setting records in the previous session. Traders say big institutional investors have been reluctant to bet against the powerful uptrend which started on Jan 23. The Dow Jones Industrial Average was off three pointsReuter - 66 words
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LATE FILE
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Article49 1986-02-14 14 Reuter US RETAIL SALES increased by US$96 million, or 0.1 per cent, in January to a seasonally adjusted 1117.5 billion. The Commerce Department said yesterday that December retail sales rose a revised $2 billion, or 1.7 per cent, to an adjusted $117.4 billion. RenterReuter - 49 words
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48 1986-02-14 14 Reuter WEST GERMANY will enjoy full employment by the year 2000 and its society will be dominated by older people. A study in the German business weekly Wirtschaftswoche predicts that falling birth rates will mean full employment for the country's workforce by 2000.Reuter - 48 words
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34 1986-02-14 14 UPI ABOUT 50 Eastern Airlines employees, ranging from mechanics to baggage handlers, face possible indictments next month on charges of helping to smuggle Colombian cocaine into the US. UPIUPI - 34 words
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Article45 1986-02-14 14 AFP IRAN and Iraq yesterday accused each other of using chemical weapons in the latest flare-up in the Gulf war, with the Iranian army saying that 17 of its troops had been killed and 1,500 wounded by poison gas. AFPAFP - 45 words
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29 1986-02-14 14 Reuter CANADA will not unilaterally impose protectionist quotas on South-east Asian textile exports, said Canadian International Trade Minister James Kelleher in Jakarta yesterday. ReuterReuter - 29 words
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Article26 1986-02-14 14 Reuter FRANCE yesterday asked Liberia to grant asylum to ousted Haiti&n dictator Jean-Claude Duvalier, said an External Affairs Ministry spokesman. ReuterReuter - 26 words
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Page 14 Advertisements
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Advertisement146 1986-02-14 14 EXPATRIATE COMMENTS ABOUT ARDMORE PARK NO. 1 'The mini United Notions' I call Ardmore Park the United Nations of Singapore you really get to meet people who make you feel very much at home because they are all expat families, like us. Living at Ardmore Park also makes sense. You146 words
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Advertisement596 1986-02-14 14 4 PROFESSOR ROBERT R. PENNINGTON LL BLL D Birmingham). Solicitor (England) Professor of Commercial Law at University of Birmingham. Reknowned author of several legal texts including Pennington s Company Lav (Ist-sth Ed). Commercial Banking Lau\ Companies in the European Communities. The Investor and the Lau and Stock Exchange Listing The596 words
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Page 14 Miscellaneous
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Miscellaneous57 1986-02-14 14 IW, Outlook for today: Fair except for showers over o few areas in the afternoon. Report for 24 hours prior to 7.30pm on Feb 13 at the airport: Maximum temperature 32.3 Associated humidity 55 Minimum temperature 23.0 Associated humidity 93 Hours of sunshine 10.35 Roinfall in millimetres nil Rainfall this57 words
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SHIPPING TIMES
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Article112 1986-02-14 15 EUROPEAN operators are in a strong position to win management contracts for one or two large LNG carriers to be built for an Indonesia-Taiwan export project. Pertamina, the Indonesian state oil concern, requires at least one 135,000 cubic metre LNG carrier for shipments due to112 words
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338 1986-02-14 15 SHAHRIR ARIFF - By SHAHRIR ARIFF THE PORT OF Halifax has been chosen as the new East Canadian load centre replacing Saint John for the eastbound global service operated by Neptune Orient Lines (NOL) and Orient Overseas Container Line (OOCL). The new port call will338 words
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333 1986-02-14 15 Reuter HEAVILY-ARMED raiders boarded a Japanese container ship at sea and robbed it of thousands of dollars' worth of cargo in what shipping agents said was the third pirate attack this month in Thai coastal waters. Thai marine police said theReuter - 333 words
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167 1986-02-14 15 Reuter INDIA'S exports will become costlier if the government allows ports to increase their charges as planned, A J Butterwick, chairman of the India-Pa-kistan-Bangladesh Conferences, said. "Already the Indian ports are the costliest in the world," Butterwick said. India's 11 major ports have madeReuter - 167 words
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PORT SIDES
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Article96 1986-02-14 15 THE WEST German Columbus Line is to re-engine and refurbish three of the container ships it operates in the east coast North America-Australia trade. These are the 22,000 dwt Columbus Australia, New Zealand and America. The 1,200-TEU vessels were built about 15 years ago in West Germany96 words
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Article99 1986-02-14 15 Reuter COSMO OIL Co Ltd and Asia Oil Co Ltd will merge their fully-owned shipping companies Cosmo Tanker Co Ltd and Asia Tanker Co Ltd on April 1. The decision follows the earlier merger of two major oil distributors, Maruzen Oil Co Ltd and Daikyo Oil CoReuter - 99 words
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Article1225 1986-02-14 16 BRISK time-charter booking featured on Wednesday in otherwise quiet chartering on the London shipping freights market. Grain voyage fixing proved exceptionally quiet but there were no reports of further rate deterioration. In Europe, Nedlloyd booked the 13,300 dwt Family Ivory at U553,200 per day for a prompt trip1,225 words
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478 1986-02-14 16 Kingsley Wood - Kingsley Wood THERE IS NOW ample evidence of numerous early warning signals overseas that Karlandar Kangaroo Line was sailing into financial difficulties but a clear picture of the size of the line's overall liabilities has still to emerge. It478 words
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139 1986-02-14 16 MORE EMPHASIS SHOULD be placed on promoting the Thai shipping industry rather than investment on ports, said Thai deputy Communications Minister Boonthiem Kemaphirat. The 1965 annual report of the Mercantile Marine Promotion Commission (MMPC) showed that 380 import shipments were made by foreign ships139 words
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860 1986-02-14 16 Fairplay THE REEFER MARKET is a congeries of many submarkets, each of which is affected by a host of influences, both economic and seasonal. It is therefore not helpful to tar them all with the same pessimistic brush. For both the larger and smaller cubic sizeFairplay - 860 words
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Article821 1986-02-14 16 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 5 Atlas Lines X 4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bait-Canada Line821 words
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Article166 1986-02-14 16 FT AN AUSTRALIAN consultancy firm has been asked by Egypt to prepare detailed proposals for a US$2 billion coal-fired power station and coal trans-ship-ment port to be built at Zafarana, south-east of Cairo. The 2,5000 Mw power station would utilise 6.5 million tonnes of Australian steaming coalFT - 166 words
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Article200 1986-02-14 17 AP AUSTRALIA'S 30,000 coal workers walked off the job yesterday, starting a week-long strike over pay and benefit claims. The strike brings to a halt the country's weekly coal production of nearly 2.5 million tonnes. Australia, one of the world's largest coal exporters, ships aboutAP - 200 words
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424 1986-02-14 17 Lloyd's List CONTAINER SHIP overcapacity on trans-Pacific routes was underlined with a heavy fourth quarter loss from US major operator, SeaLand Corporation. The company blamed pressure on rates, particularly on the Pacific for a deficit of US$l6.3 million for the final three monthsLloyd's List - 424 words
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371 1986-02-14 17 Reuter ORIENT OVERSEAS (Holdings) Ltd, OOHL, has given its creditors a detailed restructuring plan to bring the shipping concern back to financial health in two years, OOHL director Roger King said. King said OOHL, financial adviser (Hambro Pacific Ltd) and creditors are discussingReuter - 371 words
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Article103 1986-02-14 17 Opecna A GREEK-OWNED freighter sank off the southern coast of the Peloponnesse in stormy weather late Tuesday, and all nine crew members are reported missing, a spokesman for the merchant navy said. "The vessel Unity, flying the Panamanian flag but Greekowned, sent out an SOS signal onOpecna - 103 words
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Article247 1986-02-14 17 AP THE TRIAL OF A Greek ship's captain, accused of scuttling a Liberian-regis-tered supertanker in 1980 after illegally selling its cargo of crude oil to South Africa, opened in Piraeus on Wednesday. Dimitris Georgoulis, 50, skipper of the 200,000-ton Salem, told the court he wasAP - 247 words
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Article187 1986-02-14 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 (FAD EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.187 words
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Article105 1986-02-14 17 Reuter A TURKISH fishing boat captain was killed when an Israeli Navy gunboat seized his vessel off the coast of the Israeli-occupied Gaza strip, a Turkish Foreign Ministry spokesman said. He said the Ankara government was investigating the incident, including whether the 16-metre fishing vesselReuter - 105 words
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Article4795 1986-02-14 19 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. Advanced dates are published at a4,795 words
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Article713 1986-02-14 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Luna Maersk 8602A 14.2.86 1800 Maersk F5 0900-1000 B2 E Obtain 004E 15.2.86 0700 G Asia F1 1530-1630/2130-2230 L2 Anders Ms 8604A 15.2.86 0700 Maersk F5 1630-1730713 words
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Article446 1986-02-14 23 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel tsabela K11 Pelm alongside 14 2/0600 Mar Sportsman K16 Borneo alongside 142/0600 No 9 Donam K2I NAPL alongside 14 2/1500 Muehlhousen K28 S'pore Shp 14.2/0600 162/0600 Stroits Hope K24E SSPL 14 2/0630 15 2/2300 Burfder 3 K22 Thong446 words
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Page 15 Advertisements
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Advertisement930 1986-02-14 15 Concise Comprehensive Contemporary OFEDERAL PUBLICATIONS OOCL Okient Ovhqeas Omtcimt Line Agents: iaaoo* shtpmg acenck (Reg n» 7*zu*/ ook> 70 Shenton Way #0403 Ma; ma House Singapore 0707 Mil#/ Tel *****11 TELEX NO RS ***** FCS3T CfS OFFICE IPC #***** Tel *****31 and *****37 LSftJ Terminal office TPC #03 030 Tel930 words
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Advertisement77 1986-02-14 15 QEBJDB THERE IS NOW ample evidence of numerous eorly warning signals overseas thot Karlondar Kangaroo Line was sailing into financial difficulties but a clear picture of the size of the line's overall liabilities has still to emerge. Pag« II CONTAINER SHIP overcapacity on trans-Po-cific routes was underlined with a heavy77 words
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Advertisement1070 1986-02-14 15 In Search of EXCELLENCE. )\>l ii:::. Wfl This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense urn* THE BOOKSHOP MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/KUWAIT —11 DAYS Voy S" pore EXPORT1,070 words
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Page 16 Advertisements
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Advertisement310 1986-02-14 16 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Weet Pacific North Waat Faador at Tokyo Feeder at Kobe Hotter VSL 2EELANDM L APOUO YAMASMN a A VESSEL Motttr VSL J. ALLIANCE I BUDGE TOKYO a A VESSEL Atlantic/Canada Feeder at Kobe Mottwr VSL N YOM SAX SJOH V BRDGE310 words
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Advertisement258 1986-02-14 16 E Supercarrier Service E >rt> Biu» S* NtXT AWNVALS BARKR HECTOR 17/2. TOURCOMG 26/2. BARKR TOM 7/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm acceptng cantrs tor Hmstan (MB). S Fracsca. Oakland. Stacktan and San Dh{i ni I. >n*i, TO: CARIBBEAN CENTRAL AMERICA Charitstoa n Sank 20-23/2258 words
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Page 17 Advertisements
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Advertisement1053 1986-02-14 17 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSHtP SERVICE TO UK/CONTINENT KORROON BAY 23/2 24/2 »/3 CITY OF EMWWfiH 04/3 08/3 »/3 27/ FRANKFURT EXPRESS 11/3 13/3 30/3 01/ TOKIO EXPRESS 19/3 21/3 09/4 11/ KARMKURA MARU 27/3 29/3 17/4 19/ LIVERPOOL BAT 04/« 00/41,053 words
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Advertisement524 1986-02-14 17 Franco Belgian Services j&j I ir I ,i~i r.-n. h >. r« i. u ilh in h ir h iW. rn in.-. (MEMBER OF ACE CONSORTIUM) CHARGEURS HAVRAISE MEDEX LINE (MEB CLUB MEMBER) w loading w fount DON C Taan too* Santos IT video tots ff S port Latouan Knto>524 words
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Page 18 Advertisements
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Advertisement747 1986-02-14 18 Hapag-Lloyd TO CONTINENT/UK EXPORTS Agent! SEGANI— Sofjpore *****66 K. lump* *****25/6/ S. *****19,733*349 Booknt *****78 P. Keianf *****8 FrcifM *****00 CFS CFS *****72 Peiunc Terminal *****33 *****8 *****7, *****2 *****3 O TO EUROPE VIA SUEZ ol thf Co so,ll m KOREAN CHANCE ft* SEWN SEAS BMW 54N MERCATOR 37* CJt.747 words
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Advertisement537 1986-02-14 18 Hai Sun Hup Co (Pte) ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** \S| k\ C.,\K I INI R. Ill) INTERMARITIME LTD 1 K. Kru6<tu (Sub A|wt) Tafc *****0 M*t» (Sab A«mt) T«t (***** REUNION/SOUTH AFRICA SERVICE v u ui pji. n to oka a n a V537 words
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Advertisement431 1986-02-14 18 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN MED/RED SEA/F.E. INBOUND Agents GREEN ASIA SHIPPING PTE LTD BOOKINGS *****3? INWARD OUTWARD 51 Anson Road 13-53 Anson Gertre KELANG *****4 *****8 3P0024 Singapore 02C7 D JAVA *****4 /5912/ TEL S PORE431 words
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Page 19 Advertisements
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Advertisement319 1986-02-14 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 ESffltANCt BAT 20 feb 3 Mar 5 Mat AUSTRALIA STAB 3319 words
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Advertisement100 1986-02-14 19 \Mt 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 BRUNEI CONTAINER FEEDER SERVICE SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Voy. I Spore I Bangkok m SINGAPORE TO JAKARTA With FCL100 words
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Advertisement840 1986-02-14 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Kowtoon Bly City ot Fr«*Krl Eiprets lokio tipms Ranukva Mm Liverpool Bay Rhmt Mara Kowtoon Bay EXPRESS CONTAINER SERVICE FROM UK/CONTINENT BenaMet SaM Cj»t <X (Murch Sated FranAhrt Eiprets Sato) T«k» Eipreu SiM Ramakua Maru 18/2 Osaka Bay 19/2 Lrrcrpod Bay 24/2840 words
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Advertisement685 1986-02-14 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE S PORE TO JAKARTA/SURABAYA i.i i. -Vi* STOK n/z/m ia/2/at 24/2/ at 2f/2/at EXPRESS SOi-CONTI WEST BOUND TO EUROPE STOB BUM) ADAM I "DAM HIUS BKMEH AVtSSII IS IS/2 11/3 1 14/3 IS/3 MATMUtf VI4MB SUMMTI VltHB TAOMBANE V4N6 hut*/' im STOK BUM 27/2-1/3 24/3685 words
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Advertisement351 1986-02-14 19 BOUSTEAD SHIPPING AGENCIES m Htoneywa V2OSW Pa-an V9IN Bassen V76N Pagan V96W BURMA FIVE STAR (Burmese National Line) Loadnf for Rangoon Spore PJCdang Pi h Pt/15 Feb 15/17 Feb 21/22 Feb 22/24 Feb BANK UNI CLYDEBANK *CRESTBANK FORTHBANK m SPORE R'DAM HULL HMBG 17 Feb 15 Mor 25 Mar 20351 words
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Page 20 Advertisements
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Advertisement1269 1986-02-14 20 ®."K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA ATLANTIC COAST (Round The World Service) NEPTUNE CORAL V 3 OCEAN LEGEND VI NEPTUNE CONCORD V 9 OMENTAL GOVERNOR V 25 I J PACIFIC COAST (Inrludin* DESTINATIONS INLAND via IPI MICROBRIDGE ft MINILAND BRIDGE) FEEDER TRANS WORLD BRIDGE FREMANTLE BRDGE Vl9 MOTHER1,269 words
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Advertisement761 1986-02-14 20 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Aetang Penang loading lor CALABAR 24 ftb 22 fib Ma*ai Be« Hahfca CUcuMi BHARATEWU 13 Mai BfiajCacßi/C RAMDAS 17 M* Cotambo Bombay tsnavrai" 20 iu iu*» b tuta Calcutta RAVBAS 24 Mar Maibav B dert/HaMu CataiMa INDIA SERVICE Accepting FCL Containers761 words
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Advertisement463 1986-02-14 20 GOLDEN LINE GUAN GUAM SWUNG (PTE) LTD 23. M hyu Slratl SMGAfOK 0104 Til SMMU (II IKS) STRAITS/PERSIAN GULF SERVICE: s— GOIKN WONDER Colombo Aaracli. Muscat Dub* GOIDEN CITY Colombo Karactu Dubai Bah»an 22/24 Fab 1/10 Mar CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA SEMI-COOTAim/ COMVEMTIONAL SERVICE463 words
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Advertisement695 1986-02-14 20 INTRASEA (PTE) LTD 10 Anson Road «27 16 International Plaza Singapore 0207 Tel *****1 1 11 0 L-nes) P»" 1 f ■>' BREAKBULK SERVICE TO EUROPE/UK ANANGEL PEACE 8M5923 TREASURE ISLAND 88K903 S pore P. Keianf Sated Sated 5/3 1/3 ROT/ANT /UK (AVON) ROT/ANT/UK (AVON)/ BELFAST A|«ti S«niper« MTtAStA (PTI)695 words
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Page 21 Advertisements
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Advertisement774 1986-02-14 21 NOL NEPTUNE ORIENT LINES LTD Agents Spo,f NEPTUNE AGENOES PTE. LTD. Td No office Termul CFS BOOKWGS *****77 Ell/MJST TPA/SEA *****77 *****22 *****53 OR OMECT IMS *****53 *****42 I Bahru HARPER WKA SON. BH>. *****0 P Relang HARPER WRA SON BHD *****1 38(241 P U U HARPER MRA SON BHD774 words
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Advertisement334 1986-02-14 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON spi*i »unis NIPIUNI AGtNCK S Pit I TO If! ?7899 7 7 ?*****4 (Booking 777/SlO *****7? (Operjtiom) *****5/ 1 *****4 llermnal) 7707<.50 *****04 (CIS) Mil »»M« lI4NIS TUNAS SfIIA SON BHO Kl Tel i PK lel334 words
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Advertisement828 1986-02-14 21 ff SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55. Marfcet Street S«|apore 0104 Telephone Number* *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telex Numbers RS ***** RS ***** RS 2510S f. KELANG PENMG M/S SHARK AT WAN SOON SOU BM> IST AMO 2ND FLOOR. MESSRS HN THONG SHPPMG828 words
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Page 22 Advertisements
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Advertisement373 1986-02-14 22 REGIONAL CONTAINER LINES TO BANGKOK (3 WEEKLY SAILINGS) Thu Sat Sun Wed Thu Sit Sun 26* Wed SEA FORTIUS PfYA BHUM SEA FORTUNE PIT* BHUM TO SOUTH THAILAND (FORTNIGHTLY) in/ 1 1 I 'll' I M/'.'M I lIW. 1 '.I J I' BI! M CUM C?u C?i MALACCA STRAITS laara;373 words
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Page 22 Miscellaneous
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Miscellaneous183 1986-02-14 22 Regional Weather 5W M m N Bl r A 81 i M r, AK > 33 v 56 S e&iis K" SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c Shower Weather —S Wind direction with speed in knots e Ram Cloudy*, Wave height Surface183 words
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Page 23 Advertisements
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Advertisement131 1986-02-14 23 HSC AGENCES K. LUMPUR P. KELANG FCNANG P. GUDANG I. BAHARU LEOSrtP SPORE *****58/*****56/*****45/*****93 *****1/4 TERMNAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22US8/*****1/*****5 *****22 TO EUROPE feeo* FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE va II 'if'. -WTf FTTa na ITTM 331 i 'iry fTy fTTB 11 I -■rTTTI ANTWRP. L. HARVE. UK. BREMEN,131 words
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Advertisement117 1986-02-14 23 BATAM, DUMAI, PEKAN BARU REGULAR SERVICE Vessel ETA ETD Loading for GUNTUNG JAYA In Port 18 Feb Dumai/P Barn GUNTUNG JAYA BARU 14 Feb 17 Feb Sekupang 'Dumai BINTANG TERANG 13 Feb 14 Feb Batam General Agents Dumai Shippinf Pte Ltd., 7500-A Beach Road #OS-300 The Plaza. Singapore 0719 Tel:117 words
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Advertisement346 1986-02-14 23 TAIWAN TO SINGAPORE 6 ASEAN DRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATtS* STORE PAELAMG POMHG KXANM6 BELAMN 6. SCLATAM-5 V 36 SiM 2S/1 27/1 31/1 G. SEI. AT AN DV 24 SaM 6. SELATAN VN ¥-27 SJM 5/2 9/2 G. SELATAN Ml V-3C 14/2 IS/2 lt/2 G. SELATAN VIV-33346 words
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Page 24 Advertisements
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Advertisement535 1986-02-14 24 f|f MiiTO23/7 m. r— imthih «u tu Std to Nrt TOi, KliU, liG, BMW, AACHA* AMP HULL MTANN 18/28 Ftfc 15/17 F«fc 22/23 24/21 F«b LMI Wt «t BMW. FROM EUROPE: PdttNG f ttLAAG SfOM BKK FROM: KMJAMAS 4-5/3 6-7/3 8-9/3 11-14/3 RON. A*P AGENTS. LEO SHIPPING PTE. LTD. SINGAPORE535 words
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Advertisement335 1986-02-14 24 BALSA 2 TRAVERWAY MARITIME LTD MONTHLY CONVENTIONAL SERVICE S'PORE Looding for FAMAGUSTA/BEIRUT/ 1/4 TRIPOLI (LEBANON)/ LATTAKIA/ISTANBUL/ MERSIN Agents: SEALORO SNIPPING A6ENCIES 70 Shenton Way #04-02 C Manna House. Singapore 0207 Tel: *****94 Telex No R*****9 LCL/FCL TO A AUSTRALIA i imi a SMGATORE TEL *****11 (12 LIES) PORT KELANG TEL335 words
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Advertisement579 1986-02-14 24 C.Y. LINE (A Mcmbtr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD fuu> canuaßD satwcc to eumk tvu sjezi S-pn KOREAN CHANCE 258 11/2 SEVEN SEAS MS 548 X/ 2 man* 37* Vi at TOKYO 3» 12/3 ■Hint Ita (dm HW| Br»» ID/3 11/3 11/3 15/3 14/3 17/3 11/3579 words
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Advertisement965 1986-02-14 24 fw* B rnuPAMA PFRUANA DE VAPOREES fC.P.V/1 K COMPAMA PERUANA DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" lojdint lo< CaAao Mataiani lo and othet Penman ports wtfi t'»nshipm»nt at Hot* On CPV Tlwoufti BiHs ot t jAnj to tmal destination MMttKKKRETT KMCVERCTT MURRAYEKRETT Penanf' P.Kttanc 26/21 Fafc S«f apart 17/11 Fafc965 words
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Advertisement364 1986-02-14 24 ZIM FULL CONTAICR SERVICE accept** FCLACI cvpn to USA East I Nest Coast Carribboaftiast Canada and HMD «*ssa 21.2* 1 KSSfI 7t 2U A CSJB. t3 ft VESSEL It 3 K ft KSSa 24 3 12D TORTO ZIM EN.AT CONTAINER LINE sm eth ri «a res ffi KftOHSIMC 14/3 21/3364 words
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