The Business Times, 3 March 1986
1986-03-03
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The Business Times
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Title Section12 1986-03-03 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, MARCH J, 1*8« 75 CENTS12 words
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Article, Illustration867 1986-03-03 1 RICHARD SEAH - US, Japan and Europe are still the main markets By RICHARD SEAH A GET-RICH-QUICK attitude towards doing business with China could ruin relations between the two countries and put an end to the opportunities presented, Mr Lee Kuan Yew has warned.867 words
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275 1986-03-03 1 AN INDICATION that the impending consumption tax will be well below 10 per cent was given by Flat Deputy Prime Minister Gob Chok Tong yesterday. He urged Singaporeans not be alarmed and said the government was not in a hurry to implement the275 words
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Article102 1986-03-03 1 FOREIGN INVESTMENTS for this year are expected to be maintained at $1.1 billion. But Acting Minister for Trade and Industry Brigadier-General (Res) Lee Hsien Loong hopes that the figure will increase next year as a result of the Cabinet's sell-Singapore campaign. Brig-Gen Lee will lead102 words
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134 1986-03-03 1 Reuter A FACTORY in the city of Shenyang will become the first company to go bankrupt in China since IMS. The Peking Review magazine yesterday said the factory, one of three in Shenyang warned last August to put their houses in order, had failed toReuter - 134 words
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291 1986-03-03 1 Reuter PRESIDENT 00RA20N Aquino called on Filipinos yesterday to work to heal wounds caused by 20 years of devastation but warned there were still pockets of resistance by those loyal to Ferdinand Marcos. At her first mass rally since becoming president, sheReuter - 291 words
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Article33 1986-03-03 1 US, PHILIPPINE and international law will determine who gets a plane-load of possessions brought by. former-president Ferdinand Marcos. Administration officials confirmed that one of two planes contained boxes of documents.33 words
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Article106 1986-03-03 1 Reuter AN INDEFINITE strike by nearly 600 merchant navy officers of the Bangladesh Shipping Corporation has affected work at Chittagong, the country's biggest port. Officers aboard 21 ships in domestic and foreign ports stopped work from yesterday to press demands for better pay and fringeReuter - 106 words
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492 1986-03-03 1 LUCY NG - By LUCY NG AN AGREEMENT which provides for a cut in the minimum pay increase of workers was concluded last Friday between Japanese trading concern Nissho Iwai Corporation and one of Singapore's biggest unions. The clause accepted by the 13,000-strong Singapore Manual492 words
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Page 1 Advertisements
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Advertisement117 1986-03-03 1 Call Wayfoong at 737-7977 for a fast decision on your loan Wayfoong Mortgage and Finance (St Lid A wftoly owned subsidiary o» Hongkong Bar* 6 Claymore Hi* >03-00 Claymore Plaza Singapore 0922 COLOUR YOUR COMPUTER fe KX-14CP1 Computer graphics have never looked finer! Sony's colour monitor displays bolder hues and117 words
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Advertisement379 1986-03-03 1 The Muska Antiaua Cologne concert, jointly presented by the doethe-lnstitute of Singapore ond the Notional Theatre Trust at the Victoria Theatre last week, mode a lasting impression with their instrumental baroque music (*****750) on a very large and appreciative audience. The group breathed and ployed as one, with an assured379 words
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Advertisement143 1986-03-03 1 fl A-ONE BOUTIQUE PTE LTD LIANG COURT COMPU* trr W*XTr KOAD UMT 0»I* smgapooc o»" tele* asjmcb *ccg> rij. rmrr Can you afford to say no? The Singapore Broadcasting Corporation has come up with three "special offers" to which advertisers find hard to say no. Find out why and what143 words
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MANAGEMENT
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1886 1986-03-03 2 DAVID CLUTTERBUCK MARION DEVINE - Small business I cost book. Most Western countries are looking to small firms as a major part of their plans to reduce unemployment. But finding and encouraging real entrepreneurs is an uphill task report DAVID CLUTTERBUCK and MARION DEVINE. DAVID CLUTTERBUCK MARION DEVINE1,886 words
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Article, Illustration414 1986-03-03 2 LEE HAN SHIH - IM'l'nrl Nil; Compiled by LEE HAN SHIH Northern Ireland Investment Bureau A NORTHERN Irish researcher has found, by accident, a new method of trapping individual cells. This discovery can be expected to greatly benefit the chemical and drugs industries. According to Dr EricNorthern Ireland Investment Bureau - 414 words
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499 1986-03-03 2 LPS BRITISH scientists are to carry out a new investigation into what has become known as the "Sick Building" Syndrome. This is a condition affecting people working in offices who suffer mysteriously from such things as nose and eye irritations, nausea and skin rashes.LPS - 499 words
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Article154 1986-03-03 2 NYT A METHOD of transmitting information from a space satellite to the Earth, using sunlight as the carrier, has been patented for the US Navy. Through this method, even a submarine can receive such information as the transmission can also go through water. Patent 4,573,214NYT - 154 words
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Page 2 Advertisements
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Advertisement197 1986-03-03 2 Celebrate The Difference. Comfort. It's the little touches we put in to make you feel really at home. The thoughtfulness that says you're always our guest-of-honour. Warm, friendly and attuned to your needs, Pan Pacific Kuala Lumpur is the difference you'll not find elsewhere. From the very moment you step197 words
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Advertisement184 1986-03-03 2 tr i ■fe: i A May I be of service to you? I'll answer your telephone calls, take messages, handle your mail and telex. I'll even arrange for your airline tickets, make hotel and restaurant reservations. The best part is you never ever have to pay me a salary. May184 words
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ADVERTISING & MARKETING
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1118 1986-03-03 3 SAID ABDULLAH - Corporation pleased with reception to its offers Special offers have always drawn consumers like bees to a honey pot and SBC's latest "buy-one-get-one-free" advertising strategy is no exception, reports SAID ABDULLAH. SAID ABDULLAH TREMENDOUS, very successful, overwhelming. That's how the Singapore Broadcasting Corporation described1,118 words
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Article582 1986-03-03 3 GOH YEE LING - By GOH YEE LING "A STORM IN A TEACUP," snorted one advertising executive. "What you pay is what you get," warned another. Advertising agencies have mixed feelings about SBC's latest venture into producing television commercials, thus posing additional competition to the private production houses and,582 words
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732 1986-03-03 3 BURGERS AND PIZZAS may have outgrown fried rice in Singapore by now. With the average Singaporean almost doubling his expenditure on food and drinks over the last ten years, competitive fast food operators are fighting harder for his patronage. One of the most successful732 words
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Article, Illustration483 1986-03-03 3 ANNA TEO - By ANNA TEO GOING AGAINST the recent merger trend in the industry, Batey Ads has dissolved its partnership with BBDO, the giant New York-based advertising agency. Batey Ads, the creator of the Singapore Girl image, wants to set itself up as the largest independent agency in483 words
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Page 3 Advertisements
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Advertisement84 1986-03-03 3 > te J> >°SV?r *>J£> J^itP^STe s *<£3*3? AND AFTER. /i M 9. 9 Bifocals line s > xWSsrrT M (f TruVision H. With TruVision lenses, not only will you see more clearly you'll also look better. And even younger. Ask for TruVision at your nearest Optician. And make sure84 words
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OVERSEAS
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355 1986-03-03 4 Reuter US COMMERCE Secretary Malcolm Baldrige believes the administration's tough new trade policy and the continuing drop in the dollar will persuade Congress to delay action on protectionist trade legislation. Mr Baldrige said in an interview late last week: "The protectionist sentiment isReuter - 355 words
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202 1986-03-03 4 Reuter THE GUILLOTINE fell on US federal spending on Saturday as the Gramm-Rudman law, aimed at an eventually balanced budget, went into effect. The law, signed reluctantly by President Reagan, requires progressive cuts in the huge current federal deficits, ending with a 1991Reuter - 202 words
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436 1986-03-03 4 UPI SOME 1,200 marchers for nuclear disarmament have begun a coast-to-coast trek across America, hauling along a "portable city" on what has been hailed as the great peace march of 1966. In a scene reminiscent of the Vietnam and civil rights protests of the 1960b,UPI - 436 words
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197 1986-03-03 4 AFP A SENIOR US official in Washington has expressed hope that the "tactics" which brought democracy to Haiti and the Philippines would help move Chile in the same direction. Washington had the same aim for Chile as it had had for Argentina, Brazil,AFP - 197 words
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Article, Illustration202 1986-03-03 4 Reuter THE LEADERS of Sweden's ruling Social Democratic Party on Saturday chose Acting Premier Ingvar Carlsson to succeed murdered Prime Minister Olof Palme as the party chairman and head of the next Swedish government. Foreign Minister Sten Andersgon told a news conference that the decision hadReuter - 202 words
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254 1986-03-03 4 UPI WEST GERMAN Defence Minister Manfred Woerner said Europe urgently needed a defence against conventionally armed Soviet tactical and mediumranged missiles. Mr Woerner said at an annual conference of Western military planners that the Soviet Union was currently equipping its short and medium-rangeUPI - 254 words
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Article124 1986-03-03 4 Reuter THE PENTAGON said it would continue development of the sophisticated US$7 billion Amraam air-to-air missile following a study prompted by congressional questions over cost and technical problems. US Defence Secretary Caspar Weinberger sent a letter to the House and Senate armed services committees certifyingReuter - 124 words
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Article151 1986-03-03 4 AFP THE US television network ABC has acknowledged that it was wrong in letting a Soviet commentator make an uncontested analysis of a speech by President Ronald Reagan on military spending. In a statement, Richard Wald, the senior vice-president of ABC, said he agreed that journalistAFP - 151 words
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Article269 1986-03-03 4 Reuter BRAZIL'S sweeping economic package, including a price freeze and the abolition of the generalised system of inflation-indexing, won approval from foreign bankers and industrialists. "For the first time the government demonstrated it really intends to defeat inflation, which is something the hanks have been pressingReuter - 269 words
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346 1986-03-03 5 UPI THE US is apprehensive that Japan's emergency relief to small and medium-sized companies, adamantly upheld by the Japanese government, might be a means of boosting exports. Following two days of subCabinet level trade talks, Un-der-Secretary of State for Economic Affairs Allen Wallis saidUPI - 346 words
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167 1986-03-03 5 Reuter KUWAITI Oil Minister Ali AlKhalifa Al-Sabah has said that the price of oil would settle at around US$lB a barrel (or the rest of the decade once producers cooperated to stabilise the market. He told the Arabic daily AlAnba over the weekendReuter - 167 words
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Article, Illustration205 1986-03-03 5 Reuter EGYPTIANS were preparing to resume normal working hours yesterday as the army continued to hunt for security police conscripts whose mutiny last week took at least 96 lives. Troops backed by tanks and armoured cars continued a siege of desert camps where theReuter - 205 words
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319 1986-03-03 5 Reuter INDIAN BUSINESSMEN and politicians last Saturday hailed Prime Minister Rajiv Gandhi's budget as a new deal for poor people and farmers but said they feared its large deficit would push food prices and industrial costs higher. Mr Gandhi's government, besieged by country-wide politicalReuter - 319 words
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137 1986-03-03 5 Reuter BANKS IN SWITZERLAND have been told to take a close look at money deposited by the country's large Tamil population after reports of links between Tamils and the drug trade. A Banking Federation official said last Friday that the federation had written toReuter - 137 words
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142 1986-03-03 5 AFP SYLVESTER STALLONE, the creator of Hollywood's violent Vietnam war veteran Johnny Rambo, has become the cover feature in the latest edition of a leading Chinese pictorial magazine. A photograph of Stallone wearing a heavy gold chain and a open-necked white shirt appearedAFP - 142 words
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384 1986-03-03 5 Reuter A US LAW firm retained by the new Philippine government of Corazon Aquino is moving quickly to recover billions of dollars said to be misappropriated by former president Ferdinand Marcos, according to an attorney. "We are trying to act as promptly asReuter - 384 words
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170 1986-03-03 5 UPI HONOLULU Mayor Frank Fasi says ousted Philippine president Ferdinand Marcos should buy or lease a tiny Hawaiian island familiar to viewers of the American television series "Gilligan's Island". "I'm serious," Mr Fasi said of his suggestion that Mr Marcos consider buying or leasingUPI - 170 words
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Article718 1986-03-03 5 ARRIVALS operator Scrvic* nuwibar Loco! timt From SIA SIA THAI OA MAS MAS OA SIA GIA SIA THAI SIA RJ SIA THAI SIA GIA CPA MAS KLM MAS MAS UL SIA CAA SIA GIA JAL ATLOT SIA Al MAS PAL BA JAL NW SIA SIA CAL LUFT718 words
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Page 4 Advertisements
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Advertisement134 1986-03-03 4 Tetra Pak believes you won't win tomorrow's business battles with yesterday's technology. That's why this world leader in food packaging capitalised on Data General technology to help them in administration, manufacturing, planning, inventory control, accounting and communications not only in Singapore, but in all Tetra Pak companies around the world.134 words
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Page 4 Miscellaneous
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Miscellaneous47 1986-03-03 4 Doonesbury £tl J vT 2* OH, J PROMtSePTHe CARMEL 7 STATE CHAIR It? CAMU/HAT PAI6N FDRAMAIORAL FOR 2 CANDKXTS. ANSUJ- COMER NAMED CLINT EASTWOO& fw msM Mi I MjS 'k BY GARRY TRUDEAU ame/smooo* VOU*£CAMfW6NING FOR ***** EASWOOP? AFHENP QF HOURS* B1 7 r Hi xjij U47 words
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Page 5 Advertisements
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Advertisement165 1986-03-03 5 ©TAIWAN AUTOMOTIVE PARTS, ACCESSORIES CYCLE SHOW MAY 21—25, 1986 Exhibition Hall, Taipei World Trade Center The annual event that no importer can afford to miss! View the full range of high-quality and attractively priced Taiwan products. This year s show, which will be held in the spacious new exhibition hall165 words
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Advertisement20 1986-03-03 5 "U hi ten ami plat/s lately, A It Shakespeare/" "I hai e.SirWaltei.hu think<jfatitle'. "Zfy Jove, I have itMeasure for Measure'.'20 words
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BANKING AND FINANCE
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523 1986-03-03 6 ELAINE KOH - By ELAINE KOH THE FORMER deputy governor of the Bank of England has expressed concern about the almost complete lack of international supervision in the securities markets. Mr Christopher W McMahon said: "If international supervision of banking is still in its infancy, international supervision523 words
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130 1986-03-03 6 Reuter THE BANK of England said it was issuing a guideline to banks against over-participating in large takeover bids. It was referring to banking groups acquiring significant strategic shareholdings in companies involved in takeovers and buying individual subsidiaries from a group involved.Reuter - 130 words
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421 1986-03-03 6 Reuter THE JAPANESE tax system delays the growth of new markets that could help the yen become an international currency, according to economists and market analysts. A fully liberalised open money market is needed to expand foreign and domestic yenReuter - 421 words
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204 1986-03-03 6 Union Bank of Switzerland MOUNTING uncertainty in the search for new trend-setting factors and the corresponding nervousness in evaluating information, coupled with occasional panic-like short-covering, determined developments on the foreign exchange markets last week. Added thrust to the volatility was provided by the unalleviated rhetoricsUnion Bank of Switzerland - 204 words
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Article, Illustration230 1986-03-03 6 Asian market ASIAN currency overage deposit rates for the week ended Feb 28 Mutts Mm avarap of tha prime Mh| rates af 12 «ajar bats apara(fei| In S^apara WO PRICES high Low us$ 7 doys 8 1/16 7 7/8 1 month 8 7 7/8 2 months 7 15/16 7 13/16230 words
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Article114 1986-03-03 6 UBS US dollar Volatile lull before "final shoot out". BviM franc: Benefiting from international inter-est-rate speculation. Btarling: Caught in the G-5/EMS clinch. Yan: Interest-rate round beginning at historical high?. ÜBS WEEK'S TRADING AT A GLANCE (hit erbank nwidk rates) Monday opening Low High Fndoy oftomoon USJ/S Fr 1UBS - 114 words
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Article298 1986-03-03 6 The Discount Co of Singapore LAST WEEK interbank overnight funds rate nose-dived from 40 per cent on Monday to a low of 5 per cent 4V« per cent and finally settled at 5Vi per cent 5 per cent. The downturn in overnight rates had its effectThe Discount Co of Singapore - 298 words
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398 1986-03-03 6 Green Collier THE SEEMINGLY unstoppable fall of the US dollar during the week was translated to hectic and widely fluctuating trading in currency futures. The active March Dmark contract was the main beneficiary. It hit a high of U550.4546 on Thursday after opening onGreen & Collier - 398 words
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Article496 1986-03-03 6 PLR of bonks ot the doso of business on Fridoy, Fob 28, os supplied by the Associotion of Bonks in Singopore. BANK PLR Algemene Bank. 7v, American Express Bonk 8'* Am'Dom R'terdom Bank 7*i Arab Banking Corp 8 Arab Bank Ltd 8 Asia Commercial 7 ANZ Banking496 words
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Article179 1986-03-03 6 OCBC THE US dollar last week closed lower compared to the beginning of the week in hectic, volatile trading. Sentiment has been bearish against the greenback spurred by Fed vice chairman Martin's comment that there is no cause for alarm if the dollar fell another 10 perOCBC - 179 words
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Page 6 Advertisements
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Advertisement86 1986-03-03 6 MPS, the world's oldest bank, is now in Asia Mr Ti r > f r<* A Zkt »>> < Bi-nrrni,«» i/i Gtoninm Detail W<l hand-fiamHil >in.«An <<"rr .rfu 7ii< «•»>* "f"I S«-»u *f /Ar irur /*W» MONTE DEIRVSCHI M SIENA Bank founded in 1472 425 Branches in ITALY. Branches in86 words
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Advertisement114 1986-03-03 6 TF -i a va.v^ s For busy business travellers, the Singapore Changi Airport Business Centre, located at the Transit Lounge, is now open for your convenience. Meeting your business needs at the Airport. Whether it's an urgent business letter to be typed, a telex to be sent or a meeting114 words
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SPORTS
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559 1986-03-03 7 BRIAN MILLER - By BRIAN MILLER THEY CAME in their thousands and by 1.45pm a clear half hour before the first race was scheduled to be run off in Penang the main grandstand at the Bukit Timah racecourse was jammed pack. Signs obviously prepared in559 words
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Article, Illustration324 1986-03-03 7 UPI SNOW CHIEF, a 3-2 favourite and horse racing's youngest millionaire, shook off a late challenge by Badger Land on Saturday to post a virtual wire-to-wire victory in the US$5OO,OOO Florida Derby over Gulfstream Park's windswept track. In winning his fourth straight race and sixthUPI - 324 words
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161 1986-03-03 7 Reuter A HONGKONG turf syndicate has been interfering regularly in Australian horse races. The Melbourne Sun newspaper has reported that officers from Hongkong's Independent Commission Against Corruption (ICAC) have been secretly following the syndicate's operations in Australia. The report alleged that the syndicateReuter - 161 words
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659 1986-03-03 7 WALTON MORAIS - By WALTON MORAIS WHILE Sentosa Golf Gub made history, the news after three rounds is that this season's Premier League golf championship is proving to be one of the most competitive in recent years. Three different leaders have emerged after each of the659 words
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155 1986-03-03 7 UPI CLARENCE ROSE "hit and hoped" his way to a par-72 on Saturday to tie Andy Bean (or the third-round lead in the US$5OO,OOO Honda Classic in Florida. "I hit some ugly shots out there, and got away with it," said Rose, whoUPI - 155 words
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Page 7 Advertisements
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Advertisement153 1986-03-03 7 IL GIARDINO CONTINENTAL RESTAURANT CHOCEOF62S Businessmen Luncheon At Only $15.(X) nett Amid the elegance of IL Giardino, you create your own choice of set luncheon from a menu of 625 combinations, including 4 courses starter, soup, main course and a dessert for only $15 nett. It's really amazing! Our a-la-carte153 words
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Advertisement285 1986-03-03 7 Geoffmy E Mcintyre, Managing Director, OUBA Now, Overseas Union Bank can do more for you in Australia Overseas Union Bank, Singapore has expanded its worldwide operations with the establishment in Sydney of a wholly owned merchant bank subsidiary, OUB Australia Ltd (OUBA) We can now provide loans, arrange trade finance,285 words
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FEATURES
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Article, Illustration1686 1986-03-03 8 DONALD GALLAGHER - Many companies in the US are relying on pre-employment polygraph tests to determine honesty, and on urine and blood samples to detect drugs or disease. DONALD GALLAGHER examines the controversy that such tests have created. DONALD GALLAGHER UPI CORPORATE AMERICA'S search for the perfect employee honest,UPI - 1,686 words
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249 1986-03-03 8 Letter to the Editor Dear Sr, I read with Interest the re-' port in the Business Tiroes of Feb 26 that the Skills Develop- roent Fund had a surplus of H02million for the last financial year and an accumulated sur plus of249 words
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1258 1986-03-03 8 DAVID LASCELLES - By DAVID LASCELLES FT THE RECENT disclosure that Japanese banks have overtaken the Americans to become the world's largest holders of foreign hanking assets dramatically underlines the remorseless growth of Japanese financial institutions. But the news can hardly have come as a surprise to internationalFT - 1,258 words
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Page 8 Advertisements
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Advertisement233 1986-03-03 8 $.>~.`?'@!&\,;}=][?%\%->^''((-' Simply First Class •mm k Ai 4 -hW *v« M A Hong Kong Hawker Food Festival March 1 to 10,1986 Ming Palace Restaurant V r Experience traditional Hong Kong hawker fare prepared by ten Chefs flown in from Hotel Miramar Hong Kong. Savour unlimited food from each hawker stall233 words
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Page 8 Miscellaneous
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Miscellaneous668 1986-03-03 8 $$'!/+)-{,[\@/:,'-_;$];=-!)/<=) CRYPTIC PUZZLE ACROSS 1 Beast I leave with a crumpled horn (5) 6 A food crusher (5) 9 Like a movie queen (7) 10 Outwardly it's hard to eat (5) 11 Being out of practice makes us try (5) 12 Possibly bakes portions of fowls (5) 13 Looked resentful668 words
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Miscellaneous13 1986-03-03 8 NOTiN I SU&GeST woo BRCK LPveP. CRMTOE:N \'D ORDER RN RBCRDPPk/ BNGUS SSC&FWC13 words
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THE ARTS
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Article, Illustration591 1986-03-03 9 XU YING CHERN - Performance by Musica Antiqua Cologne XU YING CHERN THE PERFORMANCE of instrumental baroque music (1600-1750) at the Victoria Concert Hall last Tuesday night by Musica Antiqua Cologne made a lasting impression on a very large and appreciative audience. Using authentic baroque instruments, the five-member ensemble (Reinhard Goebel,591 words
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539 1986-03-03 9 MAX COMMANDER - By MAX COMMANDER ROUND ABOUT 1935 my parents had a marvellous piece of furniture in dark-stained oak with gleaming brass accessories. Most times it was adorned with a hand-embroidered lace cloth and a vase of flowers, but if you whisked these away and lifted539 words
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Article, Illustration901 1986-03-03 9 LISA LEE - French ballet master/choreographer Attilio Labis, who was recently in Singapore to conduct a week of work sessions, tells LISA LEE in an interview that local dancers have talent but what the Republic needs is a professional dance company. LISA LEE AT ONE STAGE during a901 words
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862 1986-03-03 9 R W APPLE, Jr - By R W APPLE, Jr NYT ROBERT PENN WARREN, the 80-year-old poet, novelist and essayist, has been designated as the first official poet laureate of the US. Warren, whose most famous novel, All the Kings Men, appeared 40 years ago, isNYT - 862 words
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Page 9 Miscellaneous
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Miscellaneous1046 1986-03-03 9 to am mm GEORGE WASHINGTON 9.30 pm, Channel 5 Violence erupts throughout the colonies. In Annapolis, Maryland, an angry mob sets fire to the house of a local stamp agent. Washington's activist neighbour, George Mason (Richard Kiley), attempts to enlist Washington in the growing resistance movement. At a meeting of1,046 words
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INTERNATIONAL STOCKS
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Article279 1986-03-03 10 NYT THE International Business Machines Corporation has said that recent price cuts would hurt its financial performance in the first quarter of 1966 and that sluggish capital spending could depress results for the entire year. The statement came as analysts cut their earnings estimates for theNYT - 279 words
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Article243 1986-03-03 10 MAR 01 Y«n 1360 -30 Mitsub Etoc Mitsub Estate 334 1260 394 MOW AU 389 -5 Mitsui. 445 -1 810 MMsu Ship 136 770 11 367 i AMN Gkm 978 +8 670 -3 762 15 930 548 +3 2040 +20 C<wvoc? 989 +7 hCC 1180 10 C<HK> 1590 -10243 words
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319 1986-03-03 10 Reuter WALL STREET stock prices were mixed last Friday in the fourth most active session in history. The Dow Jones Industrial Average fell 4.93 to 1709.06 after the record 1713.99 on Thursday. For the week stocks gained 11.35. The New York Stock ExchangeReuter - 319 words
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Article124 1986-03-03 10 Ffi 2a CS Hud Boy Mm 7* Imp CM 45 24 ■>\ Ab*** 38* AJcan 46* im Un 20* Aigoma 161 15* ArgoOT HUgt Lotto*" P 24* Bank Morrt oorm nova xona 28 2* irvch 12* Mc BhxM 28* 38* 24* 25* inch Broke an 42* Can krrp Bk124 words
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Article221 1986-03-03 10 FD 2* UNMC 1350 +25 MDUSTWALS Ml MNGS A Atpha 1230 260 -25 -5 An0o« 4210 85 AE And Q 1150 5505 -50 Angtvoal ***** 1500 inch -50 Amaprop -50 -15 +25 £252? 7100 -100 925 25 C G Smith 2900 Com Gold ***** i*Kh 130 CNA ****** finor221 words
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Article666 1986-03-03 10 m 28 US$ Atcari Akm Alcoa Alotfwny Lud A8od Cham Cp f|nf AMO SfOrVI A8s-Chabn*rt Am Brand* bic Am Broodcast Am Can Co Am Cyanamid Am Bsc Pwr Am Exprois Am Horn* Prod Am Motor* Cp Am Natwi Gas Am Tol 8 Tal Amax bic Amarodo Hm AMF666 words
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Article763 1986-03-03 10 Amsterdam FCT 3* AflN Hi 550 00 10 Aagon Ahold Akzo AMEV 99 80 0 3 7160 +Z3 157 50 -0.7 75.50 -0.2 Amro Bark Baikal Bote Bontmq 9® 40 +0.6 37.50 +1 I"! 671 00 +1 Bur Tat Catand CaKa 153.70 -2.3 476.00 -4 Da* Ehaviar 159.00763 words
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Article57 1986-03-03 10 Reuter BILL SPENGLER, deputy chairman of Distillers Co PLC, said Argyll Group PLC's announcement on acceptances of their offer (or Distillers showed that shareholders iretoted the opposing Guinness bid (or the company. He said: "The low level of acceptances indicates quite clearly the attitude of Distillers' shareholdersReuter - 57 words
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Page 10 Advertisements
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Advertisement666 1986-03-03 10 !i Wifeere fid wim, Him International Buffet Fashion Fare At: $10.50* ONLY <r (ft I K ij f FERN TREE CAFE The Fare: Besides a sumptuous international buffet, come and savour our air-flown oysters from New Zealand at SJ.25* per piece. Daily from 11.30 am to 2.30pm. The Fashion: A666 words
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Advertisement119 1986-03-03 10 London sto on pom 15 Cafe de Prince's "V I -St delightful daily buret luncheon reast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10++ (child). CHOWTI ®WNCE HOTEL Continuing 0* rrince hotels tradition of friendly service 270 Orchard Road. Singapore 0923. Tele*: RS *****119 words
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INTERNATIONAL COMPANY NEWS
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419 1986-03-03 11 Reuter TAKEOVER MANIA is raging on the London Stock Exchange, offering quick profits to investors and fat contracts to the merchant banks and advertising agencies called in as advisers to the aggressive new wave of bidders. In the past six months,Reuter - 419 words
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Article80 1986-03-03 11 AP THE INDUSTRIAL and Development Bank of China will lend 800 million yuan (US$25O million) this year to develop China's industries. The official Xinhua news agency said on Friday that top loan priority would be given to the retooling of large and medi- um-sized energyAP - 80 words
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268 1986-03-03 11 FT HANSON TRUST, the UK conglomerate which is bidding for Imperial Group, has arranged a £1 billion seven-year credit from a group of international banks led by Chemical Bank of the US. The money, believed to be the largest single sterling creditFT - 268 words
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Article, Illustration727 1986-03-03 11 &iJrd GM Reuter THE WORLD'S two biggest carmakers are hopeful of improving business outside the US in 1966 after several difficult years overseas. In separate interviews, top officers of General Motors and Ford both said they expected improved profits from overseasReuter - 727 words
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373 1986-03-03 11 Reuter FOREIGN car companies are expected to take at least 40 per cent of the American car market with imports by 1990. Another 12 per cent of sales are likely to be taken by foreign cars built in US factories.Reuter - 373 words
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Page 11 Advertisements
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Advertisement703 1986-03-03 11 I I" )r.S> MAGICALLY HYATT I+l=l 1 1 1!?! VC'hen guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable daily at Scott's 5.00 PM 7.30 PM The Lounge 6.30 PM 9.00 PM703 words
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Advertisement101 1986-03-03 11 $12.50 Chiid'eri t-piOA 1 2 BUFFET-LUNCH COMBINING THE BEST OF EASTERN WESTERN DISHES v»* f 19, Cairnhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** 3 "V I Our Daily Specials! a sumptuous 3-course western or local menu different every day for lunch and dinner awaits you What s more101 words
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RAW MATERIALS
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Article507 1986-03-03 12 Ivory Coast pull-out to blame, says EC AP COCOA-IMPORTING countries have abandoned nearly two years of talks with producers on a new price stabilisation accord and urged a scaled-down accord as replacement. The European Community, the biggest consumer under the accord, blamed the refusal of theAP - 507 words
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806 1986-03-03 12 AFP US DOLLAR weakness contributed to losses among vulnerable sterling-based commodities in London last week, but was one of several bullish factors for precious metals. It was also a week of lows. Sterling took advantage of the weak dollar to the detriment ofAFP - 806 words
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200 1986-03-03 12 THE BRAZILIAN government will limit coffee export this year to 14 million bags, down from an earlier estimate of 17 million bags. Gaxeta Mercantil, the country's most respected financial daily, said the limit was imposed because of drought damage200 words
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337 1986-03-03 12 Reuter MALAYSIA, the world's leading palm oil producer, is worried about falling prices and has set up a special committee to find ways to arrest the downtrend. The committee, comprising Ministry of Primary Industries and Industry representatives, metReuter - 337 words
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125 1986-03-03 12 Reuter SOME PALM oil Importers are defaulting on February and March shipments of palm oil, traders said, quoting Malaysian sources. They said some Malaysian refiners have not received letters of credit on contracts from Korea and Pakistan and other countries are also said toReuter - 125 words
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425 1986-03-03 12 AFP THE INTERNATIONAL Tin Council's six producing and 16 consuming member-countries were silent on Friday following a full session in London to discuss when they would give a final response to a proposed plan to rescue the crisis-torn tinAFP - 425 words
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Article30 1986-03-03 12 A Dot* KL TIN Qomm prices Turnover pm Feb 24 M>/kg 20.45 (tOMMS) 67 Feb 25 21.10 215 rcu *0 ZI.44 127 Feb 27 21.35 157 Feb 28 21.00 14630 words
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Article543 1986-03-03 12 COFFEE EASING sterling against the dollar and evidence of good support under the market were the main factors underpinning robusta coffee futures on Friday afternoon as New York prices fell and pre-weekend booksquaring weighed heavily on the market. The market ended another very volatile day with light gains543 words
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Article189 1986-03-03 12 MAY SOFT red wheat futures on Friday (ell back from Arm mldsession levels on speculative selling to end an erratic session Vi to one US cent a bushel lower on the Chicago Board of Trade. Spot March closed at U553.37 a bushel, down Vi cent. Late liquidation by C189 words
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Article187 1986-03-03 12 SOYBEAN FUTURES on Friday rebounded late on local short-covering to close 1V« US cents a bushel higher to Vi cent lower on the Chicago Board of Trade, after trading lower most of the session. Spot March finished at $5.27 a bushel, up 1V« cents. The bearish tone in soyoil,187 words
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Article144 1986-03-03 12 ChlntM Produce Exchange SfUffi' noon dosinf pnctf on Mof 1 (SS/100 kg) Coconut oil Bu* FOB 58.00 OW drum FOB 7100 New drum FOB 75.00 Copra Mixed (loose) 30 buyer* Pepper Muni ok White FOB NLW 1390 00 Sarawak White FOB foq NLW 1380 00 Sarawak special black144 words
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Article96 1986-03-03 12 TOKYO RUBBER futures on Saturday closed 0.5 to 12 yen per kilo higher except new distant November which feU 0.1 to 162.9 yen/kilo. Prices recovered from Friday's fall on small-lot profit-taking purchase and fresh buying in line with the higher Singapore market and the dollar's steadiness against the yen96 words
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Page 12 Advertisements
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Advertisement327 1986-03-03 12 NOTICES la the matter M THE COMPANIES ACT (CHAPTER 185) AND M rrili P >7%?/ '.'fa JEWELLERS PTE LTD (la Menken Velaatary Liqaidstiee) kLii *T>T*#t> J j ICM F1 T I j* n iCTfa NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Chapter 185, the327 words
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Advertisement313 1986-03-03 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER ISS) AND IN THE MATTER OF ASIA TIMBER TRADING COMPANY (PTE) LIMITED (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Chapter 185) that the Final General Meeting of the Members of the abovenamed313 words
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Advertisement296 1986-03-03 12 COMPANIES ACT, CAP IK AND LEE TRANSPORT PTE LTD (IN MEMBEKS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act, Cap 185,. THAT a General Meeting of the abovenamed company will be held at 102 Upper Cross Street, #07-02 OG Building, Singapore 0105 on 10296 words
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Advertisement306 1986-03-03 12 COMPANIES ACT, CAP 1M AND IN THE MATTES OF STOP A FLAT INDUSTRIES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act, Cap 185,. THAT a General Meeting of the abovenamed company will be held at 102 Upper Cross Street, #07-02306 words
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Advertisement162 1986-03-03 12 la Ik Matter ti THE COMPANIES ACT (CHAPTER IK) AND la the Matter ti BONA RESTAURANT A COCKTAIL LOUNGE (PTE) LID (la Menken* Vetaatary LHaMatfn) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Chapter 185, the final meeting of the members162 words
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Advertisement42 1986-03-03 12 NOTICE With effect from 27 February 1986, William Laa Ah Kow, NRIC No. *****03/E is no longer in our employ and is therefore not authorised to transact any business or collect any monies on our behalf. SHIPPING FREIGHT BOOKING CENTRE SDN BHD42 words
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MARKET REVIEWS
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Article, Illustration5420 1986-03-03 13 CHAN OI CHEE - Singapore By CHAN OI CHEE IT HAD STARTED on an ominous note. Last week, the Singapore stock market looked as if it was beading for a steep fall. But as it turned out, share prices drifted in listless trading after the initial, sell-off. It was5,420 words
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315 1986-03-03 13 London THE LONDON stock market continued to soar last week, propelled by the realisation that lower oil prices will be a powerful force for disinflation and thus a strong boost to the cost base of British industry. Heavy buying orders from institutional315 words
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Article818 1986-03-03 13 JULIANA TAY - WMk ended Feb 28 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Five bonks have obtained court orders authorising them to withdraw about $25 mißton worth of share scrip from Lin Securities that were mortgaged to them. The five banks are Bank of Singopore, the Overseo-Chinese Banking818 words
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959 1986-03-03 14 New York FT THERE WAS A TIME not so very long ago when a few bearish words from IBM, which is valued by the stock market at just under US$lOO billion, would send shivers through Wall Street. Not so last week.FT - 959 words
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781 1986-03-03 14 K.Lumpur SHARE PRICES on the Kuala Lumpur stock market took another beating last week, with most counters losing ground in spite of the resumption of ready trading last Monday. Selling pressure was seen right from the start of the week and the781 words
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Article161 1986-03-03 14 BCI AFTER a sparkling start, the Milan share market was hit by profit-taking last week. But the market promptly recovered and a new high of 562.93 (up 5 per cent) was recorded on the BCI Index at the end of the week. Demand was heavy, especiallyBCI - 161 words
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245 1986-03-03 14 Credit Suisse THE MOOD on the Zurich exchange during the first two trading days (the previous Friday and Monday) of the period under review was encouraging, with the Credit Suisse Index gaining 3.8 points. But pessimism prevailed in the next three days,Credit Suisse - 245 words
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434 1986-03-03 14 Tokyo AFP SHARE PRICES soared on the Tokyo stock market last week in heavy trading, with some institutional investors which had been sitting on the fence for the past few weeks coming back to the market. The 225-stock Nikkei Average, a 51.53 yenAFP - 434 words
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477 1986-03-03 14 TONY MEABOR - Hongkong By TONY MEABOR IN HIS BUDGET SPEECH last Wednesday, Hongkong Financial Secretary Sir John Bremridge sought to allay qualms about the territory's intended taxation policies and at the same time expressed his confidence in its financial future. In spite of a GDP growth477 words
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283 1986-03-03 14 Australia Reuter AUSTRALIAN share markets eased last week, with court intervention in Bell Resources's bid for BHP and the federal government's cut in fuel prices the highlights of the week. At the close, the All Ordinaries Index lost 6.3 points to 1,060.1 but the All IndustrialsReuter - 283 words
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Page 14 Advertisements
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Advertisement213 1986-03-03 14 (Incorporated in the Republic of Singapore) ANNOUNCEMENT 1 Unaudited results of the Group's operations for the six months ended 31st December 1985 are as follows:- GROUP HALF YEAR TO 31ST DECEMBER 1985 1984 OR 4 Profit and turnover declined by 1.5% and 8% respectively due to contraction of the total213 words
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Advertisement136 1986-03-03 14 E MBA FORUM A rewarding opportunity awaits prospective MBA and Doctoral degree candidates seeking admission into U.S. universities. Lecture on the MBA course curriculum and specializations, entrance requirements, the graduate school experience and admission into doctoral programs by Professor Max H. Baszerman, J.L. Kellogg Graduate School of Management, Northwestern University,136 words
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COMPANY NEWS
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520 1986-03-03 15 AFP MALAYSIAN stockbrokers deferred a crucial decision on a MsBo million "lifeboat" fund at a Kuala Lumpur Stock Exchange (KLSE) emergency general meeting last Saturday. KLSE chairman Nik Din Nik Yusoff said a decision on the fund had been deferred until March 16AFP - 520 words
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Article815 1986-03-03 15 THE MARKET in London was lower on balance with the recent advance attracting profit-taking but several issues were above lows at last Friday's close. At 1530 GMT, the FTSE 100 Share Index was down 6.2 at 1t543.l t 543. QCI touched a low of 914 after press comment815 words
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Article484 1986-03-03 15 Current Ei Books Date Total for Total for payment date close payable the year last yeor A B N 13%l Aug 19 NYA NYA 13% 26% Aokom 5%l Mar 12 Mar 22 Apr 10 5% 15% Ayer Hitom Tin 50%l Mar 12 Mar 22 Apr 10 50% 155%484 words
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206 1986-03-03 15 MBT CORPORATIONS can hold up to a 61 per cent stake in Malaysian stockbroking firms under the much-awaited move to corporatise the country's stockbroking industry. But foreign corporations or stockbrokers can only have a 30 per cent equity interest in Malaysian broking houses.MBT - 206 words
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Article, Illustration577 1986-03-03 15 NAJEEB JARHOM - com By NAJEEB JARHOM CHEMICAL CO of Malaysia Bhd has announced a massive restructuring scheme involving purchases and sales of assets and a two-for-three bonus issue. This forms part of the grand Malaysianisation programme which first started in 1981 with the Imperial Chemical Industries577 words
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305 1986-03-03 15 AS PART OF A package of general reforms aimed at strengthening insolvency laws and proceedings in Singapore, the government should consider setting up a separate insolvency court. This call was raised by local advocate and solicitor Raj Singam who felt the time had come to305 words
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Article107 1986-03-03 15 KUALA LUMPUR Kepong Bhd has agreed to buy Duff Development's estates in Kelantan totalling about 3,840 hectares together with all assets including plant and machinery for Ms4s million cash. Duff's directors have decided to recommend to the company's shareholders to approve the sale of the107 words
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Article533 1986-03-03 15 LAST FULL YEAR Cowipeny Period Date Yeor Net EPS Gross Net announced last yeor ending (cents) dn proM ($*000) Pohong Inv hi inaKan wintow Fnal Jan 31 Dec 84 9.352L Interim Jul II Sep 85 12.5 19 0 3.070(d) Mulpho Intl Worldwide Hldgs Interim Aug 24 Dec 85533 words
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LATEST RESULTS
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Article40 1986-03-03 15 BRITISH Malayan Trust- ees Ltd Pre-tax profit of $180,000 ($330,000) on turnover of $316,000 ($447,000) for the half-year to end-De-cember 1965. After-tax earnings of $108,000 ($198,000) giving an EPS of 35 cents (65 cents). No interim dividend was paid (same).40 words
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69 1986-03-03 15 Pre-tax profit of MJ16.1 million ($16 million) on turnover of $167.5 million ($156.6 million) for the year to end-Dec 1965. After-tax profit of $10 million ($10.4 million) giving EPS of 33 cents (34 cents). A final dividend of 15 cents per share leas tax will69 words
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Article83 1986-03-03 15 Group operating pre-tax loss (ell to M$3J5 million in the year ended Sep 30, 1965 from $4.01 million in the previous year. The improvement is partly due to the rationalisation and reorganisation exercises undertaken by the group in 1905. As expected, turnover Ml to |74J683 words
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Article113 1986-03-03 15 Ooup pre-tax profits edged tip to MJ4.77 million in IMS from $4.68 million the year before on a 47.4 per cent fall in turnover to $153 million ($2.91 million previously). Operating profit stood at only $152,078 (SLS million) while other income of $4.82 million ($3.18113 words
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Article48 1986-03-03 15 Net profit rose 191 per cent to DFM7B million in 1985 from Dfls4ol million in 1984. Profit per share rose 17.9 per cent to DF1556.05 from DF1»47.56. A final dividend of DFlsl4 will be paid, making a total of DFLs27 for the year (DFIS26 in 1984).48 words
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Article239 1986-03-03 15 THE Stock Exchange of Singapore has asked Imtacky Pried Chlekea (8) what the effects of its acquisition of 1.5 million shares in Pm Gmaa BsM lags Ma BM will have on the NTA and EPS of the KFC group. The SES also wants to know the specific terms239 words
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Page 15 Advertisements
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Advertisement57 1986-03-03 15 Singapore C.P.F. Savings «ST. ManuLife* OUB assets. Approximately Ss27 billion ManuLife. The joint venture insurance company that offers d financial security for life u ManuLiftf Overseas (Singapore) Union Bank Ltd Pte. Limited Manufacturers Life Insurance Company of Canada Singapore ManuLife (Singapore) Pte Ltd. 7500 A Beach Road, #05-316, The Plaza,57 words
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141 1986-03-03 16 Reuter KREMLIN LEADER Mikhail Gorbachev celebrated his 55th birthday yesterday, but the occasion passed with barely a mention in the Soviet state press. The Communist Party daily Pravda, in its daily report on the 27th Party Congress, said Prime Minister Nikolai Ryzhkov congratulated Mr GorbachevReuter - 141 words
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351 1986-03-03 16 LEE HAN SHIH - By LEE HAN SHIH THE HOUSING and Development Board is spending $284 million in salary and related costs in the coming financial year, an expenditure equal to almost 10 per cent of the entire civil service wage bill. According to the Housing Board's351 words
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108 1986-03-03 16 Bernama THE DELEGATION entrusted with the task of meeting Datuk Musa Hitam who is overseas to discuss his resignation as Malaysia's Deputy Prime Minister, Home Minister and Umno deputy president, is to meet to set the date of its departure. Trengganu's Menteri Besar,Bernama - 108 words
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Article, Illustration50 1986-03-03 16 AP MORE THAN 1,000 people queueing up at Buffalo's Memorial Auditorium in Now York on Saturday to pick up an application form for ono of 270 now job openings at tho now Gonoral Electric plant to bo opened thie year in a Buffalo suburb. APAP - 50 words
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Article250 1986-03-03 16 AFP THAILAND'S top security official says he wants all 20,000 Indochinese refugees eligible for resettlement in third countries out of the huge refugee camp at Khao I Dang by the end of the year. Mr Prasong Soonsiri, the secretary-general of the National Security Council, saidAFP - 250 words
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498 1986-03-03 16 CHUANG PECK MING - By CHUANG PECK MING THE FATE of the company welfarism scheme started by the National Productivity Board hangs in the balance with the impending cut in the Central Provident Fund rate. Although returns from investment under the pilot scheme were still healthy,498 words
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181 1986-03-03 16 FROM APRIL 1, about 8,000 government pensioners drawing pensions of iess than $850 a month can benefit from a higher allowance. The Public Service Division of the Ministry of Finance yesterday announced that the amount of the Singapore Allowance181 words
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Article65 1986-03-03 16 Reuter THE FOREIGN currency reserves of Taiwan hit a record US$24 billion at the end of February compared with $23 billion in January and $17.3 billion in February 1965. Central bank governor Chang Chi-Cheng said that the increase was caused by Taiwan's growing trade surplus. TheReuter - 65 words
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Article398 1986-03-03 16 Reuter PHILIPPINE MILITARY Commander Fidel Ramos moved yesterday to weed out Marcos supporters from the Philippine Armed Forces but Army spokesmen said there were no signs of a serious military threat to Corasm Aquino's new government. General Ramos, who led the military rebellion eight daysReuter - 398 words
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135 1986-03-03 16 Reuter QUEEN ELIZABETH yesterday signed away the last vestiges of Australia's constitutional links with its former colonial master Britain. Two hours after her arrival from New Zealand, the Queen signed the proclamation of the Australia Act 1986, giving Australia final legal independence. The Act,Reuter - 135 words
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Article64 1986-03-03 16 Reuter THE radical Popular Front for the Liberation of Palestine (PFLP) has claimed responsibility for the assassination of Zafer Al-Masri, the Palestinian mayor of Nablus in the Israeli-occu-pied West Bank. A PFLP statement issued in Damascus yesterday said the group carried out the "death sentence"Reuter - 64 words
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LATE FILE
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43 1986-03-03 16 Reuter DUBAI POLICE have acted 2.5 tonnes of hirtMi and arrested five smugglers in what they said was the biggest single drugs haul in tike Gulf. The drugs' street value is estimated at USH4 million. ReuterReuter - 43 words
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34 1986-03-03 16 Reuter BRITAIN intends to use a rare visit to London today by Syrian Foreign Minister Farouq Al-Shara to complain about Damascus's support for radical Palestinian guerilla chief Abu Nidal.Reuter - 34 words
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Article45 1986-03-03 16 AP THE CHINESE port city of Tianjin will issue US$l5O million worth of securities abroad this year in an effort to raise foreign funds. It Is also expected to put another $150 million in direct foreign investment this year. APAP - 45 words
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48 1986-03-03 16 Reuter THE TURKISH tanker Atlas 1 was hit and badly damaged in a missile attack east of Qatar in the Gulf yesterday. Sources said the attack appeared to be an Iranian response to strikes by Iraq drips "■'"g Iranian ports. ReuterReuter - 48 words
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Article44 1986-03-03 16 Reuter THREE Sri lankan soldiers and two civilians were killed by a guerilla landmine yesterday. A Winery spokesman said the five died and seven soldiers were wounded when aa army vehicle hit the mine in a northern district. ReuterReuter - 44 words
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44 1986-03-03 16 AFP LEADERS of Northern Ireland's one million Protestants were preparing yesterday for a trial of strength with London, in a 24-hour strike today, similar to their successful challenge in 1974 to a power-sharing experiment with the region's Catholics. AFPAFP - 44 words
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Page 16 Advertisements
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Advertisement196 1986-03-03 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Scheme to give credit where credit's due. 2. Emporium sells stake in advertising agency. 3. Seeds that are hard to germinate. 4. Private sector wants more say.196 words
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Advertisement188 1986-03-03 16 The meeting point for Asia's Rubber Plastics Industries Attend RUBBERPLAS '86 and see all the technological advances in plastics/rubber materials and machinery from 14 countries. Also come for all the up-to-date industry subjects discussed by 44 leading international experts at the accompanying plastics and rubber conferences. So make plans now188 words
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Page 16 Miscellaneous
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Miscellaneous57 1986-03-03 16 Outlook for today: Showers over several areas in the lot* afternoon. Report for 24 hours prior to 7.30pm on Mor 2 ot the oirport: Maximum temperature 30.0 ASSOC KIT *0 VHNVMOfTy vt AA. O Q O TcmptroTurv Associated humidity 95 Hours of sunshine 0.55 Roinfall in miHimetres 8.2 RoinfoM this57 words
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SHIPPING TIMES
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124 1986-03-03 17 A MANAGEMENT committee member of the Lloyd's Register of Shipping, Mr C Archer, will present a paper to the Institute of Marine Engineers (Singapore branch) and the Society of Naval Architects and Marine Engineers this afternoon. The paper, Some topics of continuing124 words
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Article, Illustration386 1986-03-03 17 G DURAIRAJ - By G DURAIRAJ THE MALAYSIAN International Shipping Corporation has disposed of four vessels over the last few weeks as part of a fleet rationalisation programme. Of the four, two were bulkers which the corporation decided to get rid in its attempt to386 words
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366 1986-03-03 17 TY CHAO and his family will continue their personal commitment to the Wah Kwong shipping group which owes debts of about HK$6.4 billion to 46 creditor banks, Amex Asia Ltd, financial adviser to Wah Kwong said. The group, comprising publicly366 words
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PORT SIDES
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Article106 1986-03-03 17 THE NEPTUNE JADE will be handed over to Neptune Orient Lines by its builder, Hyundai Heavy Industries on March 17. The 3,147-TEU vessel will begin loading in Hongkong on March 20-21 (or NOL's east bound round-the-world service. Just about a month ago, its sister-ship, the Neptune106 words
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Article69 1986-03-03 17 Reuter STATE-OWNED China Shipbuilding Corp launched its first large full container ship over the weekend. The 40,000 dwt vessel, capable of carrying 3,104 TEU, is the largest container ship built by the company, he said. It was ordered by Yangming Marine Transport Corp, another state firm.Reuter - 69 words
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Article41 1986-03-03 17 THE TRANS-PACIFIC Freight Conference of Japan, the Japan-Atlantic and Gulf Freight Conference, the Japan-West Canada Freight Conference and the Japan-East Canada Freight Conference said they will readjust bunker surcharges to become effective March 1 to $5.00 from $12.41 words
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Article1113 1986-03-03 18 NORTH AMERICAN grain faded from the scene on the London freight market with no fixtures reported on Thursday. Grain was represented by just a 15,000-ton GhentChina wheat movement aboard the Duke Star at US$2l (fio) for account of the World Food Organisation. Iron ore traffic provided employment for1,113 words
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659 1986-03-03 18 Reuter ON PAPER, the West African nation of Liberia is a great maritime state, its blue, white and red flag flying over a vast fleet of supertankers and other ships which sail the oceans of the world. But the ships never visit the run-downReuter - 659 words
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Article617 1986-03-03 18 THE LIBERIAN shipbreaking yard is In business. Harley Mullion A Co, exclusive shipbroker for the Third World Shipbreaking Inc. has fixed a 6,000-dwt singledecker (or the yard. The fire-damaeed vessel fetched about US$5O to $51 per light ton. It will be delivered under tow for demolition to Liberia617 words
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Article839 1986-03-03 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfef X 5 Anro Service IV 3/4 Arrow Lines X 5 ANL 1 1/2 APC Line V 4 APL M 2/3 ASCL HI 1 Boh-Canada Line VI 4/5 Bolt-Orient Line839 words
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Article193 1986-03-03 19 DECLINE IN oil prices and a cutback in spending on oil exploration by offshore operators have forced some rig owners to cancel their orders or defer the date of delivery. News have emerged that Odeco has cancelled its second rig contract with Hyundai. The cancellation meant193 words
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438 1986-03-03 19 Lloyd's List TANKER OWNERS ARE requested to safeguard themselves against oil voyage charters which are costing the industry million of dollars a year in lost freight payments and court actions. The International Association of Independent Tanker Owners (Intertanko) is calling on owners to demandLloyd's List - 438 words
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712 1986-03-03 19 Reuter IRANIAN THREAT to blockade oil shipped by Gulf states for Iraq raises the spectre of tanker hijackings against which there are few defences, Gulf-based oil industry sources sav. Saudi Arabia and Kuwait produce and sell some 310,000 barrels per day (bpd)Reuter - 712 words
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209 1986-03-03 19 THE THAI government has given the approval to Unithai to increase its registered capital by 75 million baht. The government which has 33.3 per cent stake in the national carrier will be required to fork out 25 million baht. The209 words
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Article4354 1986-03-03 21 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 a4,354 words
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Article724 1986-03-03 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location A Utah 3 03.3.86 2130 USL F7 1030-1130/1130-1230 N1/P1 1230-1330 SI O Janrtu 815 03.3.86 2000 S Consort F8 1100-1200 W2 N Lars Maersk 8604 03.3.86 2330724 words
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Article389 1986-03-03 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Ssr 1 K25E SSPL alongside 03.3/1800 Bongo Gelong K20 Leo alongside 03.3/0530 Hat. Baik K20 Kie Gwan alongside 03.3/1500 Johneverett K2I Everett alongside 03.3/1500 Oceon Rainbow K28 Sin Shpg alongside 03.3/0600 Vega K19 Crown Mor alongside 03 3/2300 Fronces389 words
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Page 17 Advertisements
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Advertisement834 1986-03-03 17 This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense TIMES THE BOOKSHOP Orient Ovbqeas (Maim* Line JAROM 9VPMB AGENCES (Reg. Hi. 242RM/ OOK) 70 Sherrton Way *04-03 Marina Hunt Smgapore 0207 Td *****11 TELEX NO834 words
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Advertisement59 1986-03-03 17 LIBERIA will promote maritime training schemes in the light of the Geneva pact. Page II TANKER OWNERS ARE requested to safeguard themselves ogainst oil voyoge charters which ore costing the industry million of dollars o year in lost freight payments. Pig* 111 Index to odvertisers II Shipping Schedules V London59 words
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Advertisement773 1986-03-03 17 ■ZW* IN SINGAPORE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDIN6 MALAYSIA. 755-8955 -LA MAERSK LINE FAS m rra O s-p°» EXPORT TO USA, EUROPE. 4 Soppart Qw| tn C* 3/3 1500 MRS OS- 2/3 23M MS ISappare Ohm lam a 14/3 7300 MRS OS -14/3 I TOO MB a 12/3 2400 MB773 words
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Page 18 Advertisements
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Advertisement492 1986-03-03 18 m Y.S. LINE YAM ASHIT A SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wwt Fwdir at Tokyo Pacific North Wast Faadar at Koba Atlantic/Canada Faadar at Koba fmm M FAIRY ACE GLORY ACE It Pwt 4/3 6/3 YMMSNNI 11/3 11/3 13/3 KBHI H mm crystal 17/3 it/3 a/3 a vessel492 words
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Advertisement265 1986-03-03 18 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREKNT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE CURRENCY ADJUSTMENT FACTOR A review of currency values on 25th/26th/27th February, 1986 inclusive Has resulted in a radical upward adjustment of the Currency Adjustment Factor from Malaysia and Singapore. The265 words
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Page 19 Advertisements
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Advertisement624 1986-03-03 19 Mansfield Container Shipping Pte Ltd oci Overseas Containers Limited SHIP SERVICE TO UK/CONTINENT m The Straits Steamship Group STRAITS SHAPING rJJ Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PEGASUS TO MIM 04-05 17-01 ttm PESASUS «W V42ON 1112 Mar 14-15 Mr BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 CONTAINCRSHIP624 words
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Advertisement917 1986-03-03 19 NOTICE BANGLADESH SHIPPING CORPORATION Tender No. 2 (Acquisition/Disposal Of Vessels) International Tender Notice For Acquisition Of Second-Hand Convertible Bulk Carrier. Offers under sealed cover are hereby invited by BSC from shipyards, shipbuilders, agents, owners, brokers for supply of second-hand (not more than 6 years old on the date of opening917 words
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Page 20 Advertisements
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Advertisement660 1986-03-03 20 y mm Hapag-Lloyd 10 CONTINENT/UK EXPORTS 1 On carriai* to Scandnavia, Med. Carribean IS. America Hand haidafe to Wand destinations in Europe Spare PKtta«Pwun( L«uo«»ao Genu Hbw| Mam BKj*w A'wwp Hdumn 14/3 17/3 19/3 13/4 29/4 11/4 22/4 19/4 (mm Hktmn 19/3 22/3 24/3 11/4 27/4 23/4 Eta Kcfcmn 12/4660 words
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Advertisement225 1986-03-03 20 M S LINE taut 1» FULLY CONTAINERISED SERVICE TO EUROPt VIA Memhfr Consortium Sp«( PHtto* mtowt rto» Frtww H*n I MERCATOR 37* 5/3 (3/3) 24/3 25/3 26/3 21/3 CM. TOKYO 3D 12/3 (10/3) 31/3 1/4 3/4 5/4 am commo 34» w/3 (17/3) 7/4 «/4 10/4 12/4 CJI PARK 4N 26/3225 words
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Advertisement541 1986-03-03 20 ££L Hai Sun Hup Co (Pte) ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** t I \S I I R\ \K I |\l K. III). INTERMARITIME LTD K Kmfejlu (Sab «c«t) T* *****0 Marta (V* Afwt) Tat (***** REUNION/SOUTH AFRICA SERVICE a KM V K n kn Eta541 words
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Advertisement451 1986-03-03 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) not Gun no GOVERN f*« glory no OF TED rat GOOD E*R GRAN) rai GENUS ALSO ACCEPTNG CARGO TO 1) MtOYWNQ NEWARK. S WG KSG UG ruS OSX TYO XSN CHS NYC NIL IMC RI MM ANN VI VI It/J 12/3 IV)451 words
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Advertisement41 1986-03-03 20 o HSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES SERVICES KYOWA LINE uV SUN UNION LINE rn FIJI WAR A lISJ ARABIAN GULF SERVICE LOAD FOR DUBAI. DAMMAN. KUWAIT POL (M) SDN BHD r...... w i. x b .br.t41 words
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Page 21 Advertisements
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Advertisement269 1986-03-03 21 AUSTASIA LINE MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH ft PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN ft LYTTELTON, INVERCARGIL ft FIJI MUVOK m PIVMOUTM MKT CHALMERS MBTMLMST* SaM 13269 words
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Advertisement97 1986-03-03 21 ,\<tM THONG SOON \V AGENCIES PTE. LTD. #09-07, Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI aZHEHHBHH SINGAPORE TO BANGKOK With Reefer, FCL LCL Container Service Agents: Baafta: Tmapart FraigM Fannrtiai latmattoaal Ca. LH97 words
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Advertisement691 1986-03-03 21 BENLINE CONTAINERS EXPRESS CONTABO SERVICE TO UK/CONTWENT EXPRESS CONTUa SERVICE FROM UK/CONTIOfT Ml VESSELS ACCEPT TMNSHPMENT CARGO L TO/FROM PEWAN6 AW) EAST MAIAYSIAW PORTS (KjJEBSEN LINE NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PAOFK OH m S« Lm Noomca Aack/Taar Kapwr Tman BMt 11/3 4/4 J/4 13/4691 words
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Advertisement431 1986-03-03 21 DJAKARTA LLOYD INDONESIAN NATIONAL L INF A STOK RLMO Km IKM/lIMR ÜBMM KMt 54/3 30/3 I/4 1/4 V« HI/1 11/4 14/4 14/4 10/4 21/4 2124/1 3/5 1/5 1/5 W ALSO ACCEPTWG BOTH CONTAMERS, CONVENTIONAL CARGO VIA T/S TO UK PORTS, HULL. LE HAVRE, OSLO, COPENHAGEN, AARHUS, GOTHENBURG AND HELSVKI. FKA431 words
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Advertisement261 1986-03-03 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Una) Loadfaf for Ranfoon Sport Plata* h Lasta* V/ 57 5/4 Mar Htomywa V2O9W 9/12 Mar Pa-an V92W 9/13 Mar 7/1 Mar Ptadnrtfyawywa V245W 21/30 Mar Pajan V97W 24/25 Mar \> BANK LINE SPORE R'DAM HULL HMBG •CRESTBANK 5 Mar TAUSALA SAMOA261 words
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Page 22 Advertisements
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Advertisement1159 1986-03-03 22 SA CANADA ATLAimC COAST (Round Th« Worid B*rvic«) Kline KAWASAKI KISEN KAISHA, LTD.— ion* concord m MGMGKONG CONTt *41/ttPTUtt JADE VI •BRENTAL GOVERNOR *25 BRfMTM. MBKTEX *24 STOtt 29 Mar 7 Apr 17 Apr 2* 27 Apr CHS 10 Apr 21 Apr 29 Apr 9 May NFK 12 Apr 221,159 words
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Advertisement438 1986-03-03 22 ROM SERVICE Accepting FCL CcntcifMra md Conventional CtfQO haw P Mmi PMMI lm*«I to tftftl lli IMm/U USA ATUNTIC/EAST CANADA SERVICE AcctpUng FCL/FCL Container* to to« Imk. Si hi i\ toe Win. Fw*n P Um| Swppsx Lm Vtsai nmw it mm 21 a* i una I Apr 111 iSBOEEIE "tort*.438 words
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Advertisement498 1986-03-03 22 GOLDEN LINE OHM GUAM SHPTM6 (PTE) LTD 21. T*k tym Stowt WW MM m MUM (II U») STRAITS/PERSIAN GULF SERVICE: GOUXM MHO Catoate/ft**dii/llncjt/OaMi 1/S nun an o*w*e/Un*Ztt*e/l*» 2t/» CHMA OCEAN SHPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA fM l/i 1/1 1/4 2/4 7/1 u/l 21/1 21/1 2V3 7/4 14/4498 words
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Advertisement468 1986-03-03 22 INTRASEA IPTE) LTD 'O Anson Road t?7 16 Intemat'ona 1 p Singapore 0207 Tei *****1 1 IH 1 I-nest o' BREAKBULK SERVICE TO EUROPE/UK iptn P Mmi Lm*k tar t/3 ROT/MR/N (AVON)/ BHB »/3 SETE/ROT/ANT/UK (AVON) Tf^j 1 ry T rg-^ PHILITRON SHIPPING AGENCIES PTE LTD TFI ??3862? <8 t468 words
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Page 23 Advertisements
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Advertisement942 1986-03-03 23 NOL NEPTUNE ORIENT LINES LTD Ajenls Sp*e NEPTUNE AGENCIS PTE. LTD. TH No elfcce Termnal C« BOOKBttS *****77 FE EU/AUSI TPA/SEA *****77 *****22 *****43 OROMECI IBIS *****53 *****42 I Bitwu HARPER mA SON. BHD 23(100 P Keuni HARPER NRA SDN BHD *****1 J86?«l P lay* HARPER MM SDN BHD 5*4722942 words
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Advertisement315 1986-03-03 23 HEUNG-A SHIPPING Korean Flag Vessels DO*"*" SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON < p.*i «i.imis NIP I UNI AG! NCM S Pit 110 Ifl ?7899/7 ?/*S4t4 < Bookings i 777/SlO iOperations I \>O9?S4 (Tfrmmjlt >?o?-iso ??n?so4 <cisi Mn a• \ia ii,i NIS I UNAS SMIA SON BHO315 words
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Advertisement502 1986-03-03 23 m sinsov SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Snfapore 0104 Telephone Nunbers *****3 (15 Laws) Cable Adfress SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS 2510S f KELANG fOMNG M/S SHARKAT NAM SOON SON. M. IST ANO 2NO FLOOR, MESSRS Ml THONG SHPPRK 127502 words
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Advertisement94 1986-03-03 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 SomerMt Road #06-01 Ng Teow Oldg S p or» 0923 T«t 235 8444 (4 tinfls) P>wt Jif j Pit;. Slipping Siln Bhfl '•'I 0' JRIiVI S P»njnf Ir.irtf H transport ltd IpJ 04 *-1 'fl I Pjs» Gudang Mjl.UM.in94 words
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Page 24 Advertisements
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Advertisement383 1986-03-03 24 frnral 1 REGIONAL CONTAINER LINES 1 TO BANGKOK (4 WEEKLY SAILINGS) SEA DRAGON SEA FORTUNE TO SOUTH THAILAND (FORTNIGHTLY) irai. —mm E:'...-.".J1 I UAi'i'i u HI ni mi m m n m |rw i imr^TTnTTiPTniCLiFini I k»* i r7B *****7 i n nwi b "jiv 1 arrii 'iiyLWPqggil Alm km**383 words
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Page 24 Miscellaneous
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Miscellaneous153 1986-03-03 24 ft Regional Weather fi 7. M <v y -V > > SK LLI& Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND* R Thunderstorm Temperature °C j Weather Wind direction with speed in knots RAin Wave height Cloudy Sky Sarfaee153 words
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Page 25 Advertisements
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Advertisement48 1986-03-03 25 .Mi7@ MBC MEMOES K. LUMPUR P. KELANG POMNG P fllfflllfi J. BAHMHJ LEOSHPSPOK *****15/*****54/*****41/*****93 *****1/4 TDMHM. 3H311/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SSCS/*****5/*****5 *****22 FAR FAST/FUROPE CONTAINER SERVICE KHEH 11 ,r imfiii itmrarTMiaiiM[UEslßMlgl irTTT^fTTMtIIItIZMIZJItUEUiEgi STRAITS/TAIWAN/JAPAN CONTAINER SERVICE S E A /AUSTRALIA CONTAINER SERVICE PENINSULAR SAB AH/SARAWAK/BRUNEI SERVICES SSH9 ■EEamnii f rrfmimmi48 words
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Advertisement143 1986-03-03 25 'o\ SANKO LINE. The Sanko Steamship Co Ltd BULK TIMRIR PLYWOOD SERVICES S'pore P.KeUnf LOADING FOR: SANKO DIAMOND Mar 9 SETE/UK/AKT/HOU SINt.APOM *(S1 MM mi* I I N ',HIPP!N<, fit I ID rtnilrt If idc Ontif 1 Minlmte Sqiut' "1? 19 Sugjporr 040^ Hi R*****7 HI ?MBBll HS H M143 words
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Advertisement278 1986-03-03 25 NEW ZEALAND UNITED STATES SNGAPORE *****11 (12 Lines) TELEX: RS ***** FRTMAN PENANG 04-*****7/*****4 TELEX: MA ***** FRTMAN PORT KELANG 03-*****07/8 TELEX: AAA ***** FLEKUL 14/3, 20/3 23/3, 31/3 7/3. 11/3 5/3, 8/3 5/3, 8/3 8/3, 10/3 7/3, 11/3 8/3, 10/3 LOADtMG FOR SYD. ME LB, ADC, BRIS, FR£, BROOME.278 words
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Advertisement168 1986-03-03 25 rrr TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* SPORE PJELAK POMNC PQUMNC BDJUMN G SELATAN W¥ 33 SJM SjM SJM G SELATAA B V-2C 6/3 1/3 6 SELATAH MV 11/3 15/3 C SELATAH V 14/3 16/3 11/3 6 VESSELS OF LOG CARRERS 5 VESSELS OF168 words
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Page 26 Advertisements
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Advertisement466 1986-03-03 26 wamm Tsisfsxstisr TOtQMPC It MM STOK fJSUM K** Vilh kM 7/9 No VUk jjjl f bimk rrcK n mat V< Mm 7/1 Nv 11/14 Mr MM. I FVQM EUROPE: agents? lko sinppnia pte. Ltd. PARTS MARfTMM SCffVICCS SON BHD KUALA LUMPUR: —WWM MALAYSIA TRAM A TRANSPORT CO SON I PNNANQc466 words
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Advertisement396 1986-03-03 26 CHINESE-TANZANIAN JOINT SHIPPING COMPANY Regular Conventional Service from S.E. Asia to Red Sea/Mediterranean. VESSEL BIT SCP KOKSU SABAH LOAON6 FOR: Ruvu 197S 4/3 SjM SaM HodMdah. Shmyi 1979 1/3 lliiMi* Phut. 1977 15/4 »/4 2S/4 MM NtianMa •Port Said, Aden and other Mediterranean ports subject on inducement. General Booking Agents:396 words
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Advertisement581 1986-03-03 26 C.Y. LINE (A Mtmbtr Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAMERBED SERVICE TO EUROPE (MA SUEZ) M/ 3 a/3 a/3 a/3 31/3 31/3 1/4 3/4 V« 4/4 7/4 1/4 M/ 4 12/4 13/4 14/4 11/4 17/4 M/ 4 M/ 4 HI .11' J tOSI SERVICE FROM581 words
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Advertisement734 1986-03-03 26 Everett Lines f COMPANA PERUANA DE VAPOREES (Cf .V.) "PERUVIAN STATE UNE" lixdMt tor Cjbo Mat*lo mi otlwr Pw»»wri ports wtti tranhpMnt it Kota 0* CPV Ttwoufti Ms ol L«*n| to M destination tawf* P. KdM| Stapprt MUWAYEIOETT 12/14 Ikr IMONASEKKTT 25/27 Mm* 21/2J Mm HUBfWETT l/SApr "EVERETT ORIENT UNE734 words
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Advertisement245 1986-03-03 26 ZIM NON-CONFOWCI —t RU CONTAIO nW iniplj FCLACI ur|Mi to USA Ent I Ntsi Cm* Cbi»imJiil Cm* mt Mm r~ CD I'iii niv/f 'iiTrirn c 11 wjt'i wBF*TTnH t'i Ia rwi Kim ■wi GOLD STAR LINE GOU) STKMI COoMw/MMt/M lni/D-tS./P«tM/ll»rto a M OSAKA MAW Ourtwi/Capdown/PEIn 11 N 27 DATS Emm245 words
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