The Business Times, 6 March 1986

Total Pages: 26
1 26 The Business Times
  • 13 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, MARCH S, 198 C 75 CENT
    13 words
  • 460 1  -  By FOO CHOY PENG Chief Reporter THE NUMBER of contributors to the Central Provident Fund who have $15,000 in their Medisave accounts and will thus have all their contributions channelled into their ordinary accounts from next month total only 26,680. This figure is slightly
    460 words
  • 241 1 ONE OF THE MAJOR ASSETS of the beleaguered Pan-Electric Industries group, the Orchard Hotel, has been officially put on the market. The sale o( the 350-room hotel is in the hands o( Chestertons Lim Oh. Orchard Hqtel Pte Ltd, which is a subsidiary
    241 words
  • 605 1  -  Income and corporate taxes drop 13pc By SOH TIANG KENG Financial Correspondent TAX COLLECTED last year by the Inland Revenue Department (IRD) fell for the first time in two decades because of the recession. And the principal reason for this, according to
    605 words
  • 144 1 Bernama UPI THE PINAL REPORT of the committee of inquiry into the Bumiputra Malaysia Finance (BMF) loan scandal will not be tabled in Parliament and will not have any parliamentary privileges. Only a White Paper on the report would be tabled next
    Bernama; UPI  -  144 words
  • Article, Illustration
    94 1 PRICES FELL agala yesterday keeuM «I the aaeertalaty In the hrekiag cemmsalty aid lack ef fresh pesitlve leads, dealers «aid. Hewever, toward* the eleee there was seme baylag activity, especially la Slngapere-hased Mae chips saeh as Cerehes, which was the aeeead meet active eeaater. Investors stayed aa the
    94 words
  • 452 1 ALL THE 23 CREDITOR banks of City Securities reached unanimous agreement with the brokerage house yesterday to continue to provide existing credit facilities for an initial period of two months. In a statement last night, City said it would continue its trading
    452 words
  • 370 1  -  By LUCY NG A CONSUMPTION TAX would undo all the good the government has done to stimulate the economy. The tax would bring about a fall in demand which would depress the retail industry. According to retailers and wholesalers who spoke to
    370 words
  • 111 1 AFP ORDERS FOR Taiwan products placed by overseas buyers in January totalled US$3.l billion, the record monthly amount ever registered. The economic ministry announced yesterday that the figure represented a jump of 20.06 per cent over last January and an increase of 10.25 per cent
    AFP  -  111 words
  • Page 1 Advertisements
    • 96 1 Ibps ri CarAucfio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore Phone *****22 Kuala Lumpur Phon* *****3/*****0 ■•rang: Phone *****/***** Jakarta: Phone *****9 Say Rolls Say Royce. Let's say it together. t This live-wire versatile band from Bangkok docs more than a Lionel Richie's Siamese twin. Rock to the
      96 words
    • 242 1 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTER CROBBWORDS TV ft RADIO DOONEBBURY OUR VIEW THE WARNING that businessmen should not take the Chinese for o ride does not suggest that they can do so with others. But there are good reasons for being extra careful when dealing with China.
      242 words
    • 9 1 @%||_,;?$=<.%]^$};{(?`[*(:-|!.( Creditors scramble for tho control of scrip, Psgs 15
      9 words
    • 225 1 Menstock Quality before your eyes Revenue v equity consideration, Page 8 Isetan in the red ISETAN LOST MONEY. And shareholders will not be paid a dividend. The Japanese retail group, one of Singapore's top three department store chains, reported an operating loss of $450,000 for the year ended Nov 30,
      225 words

  • HOME NEWS
    • 300 2  -  Tourism board moving to Raffles City on June 10 By JAIME LYE THE SINGAPORE Tourist Promotion Board will move from one era into another on June 10. From its present "colonial" headquarters at Tudor Court in Tanglin Road, the board will move to "space
      300 words
    • 379 2  -  By BOEY KIT YIN A TOP WORLD SUPPLIER and developer of computer-aided engineering (CAE) systems, Mentor Graphics, expects to reap more than $2 million in sales in Singapore this year, thus taking the biggest share of the country's
      379 words
    • 152 2 MORE SCHOOL-LEAVERS will be trained in higher-level courses while enrolment in prevocational and basic skills training courses will be slightly reduced under the Vocational and Industrial Training Board's (VITB) second phase development. The targeted 1990 enrolment is 25,800, up from this year's projected figure of 24,100.
      152 words
    • 216 2 A LOCAL computer company is conducting a seminar and workshop on how to convert a personal computer into an expert in designing. Computer-aided-design (CAD) allows computers to become sophisticated drawing boards (or engineers and architects, but the course provided by Industrial A Offshore
      216 words
    • 301 2 FROM NUTS AND BOLTS to precision instruments, bicycles and tricycles to excavators an astounding range of items will be selling cheap at an auction of government supplies today. This is the auction of the Central Supplies Department, usually held four or more
      301 words
    • 89 2 SWEDEN will share its experience on robots and automation at a seminar today at the Equatorial Hotel. The seminar will focus on Sweden's successful experience in this field and aims to promote the use of robotics and automation in Singapore. Mr Philip Yeo, the chairman of
      89 words
    • 306 2 MEMO PAD Seminars and courses f DURATION Mar 17 Mar 17-18 Mar 17 and 19 Mar 17-20 Mar 17-21 Mor 17-22 Mar 18-19 Mor 19-22 Mar 19-22 TITLE The Secretary's Role in Management Creativity and Lateral Thinking Singapore Taxation for Professionals ond Executives Instructional Skis for Line Management Industrial Vision
      306 words
    • 205 2 SEVEN Singapore companies will look to Egypt to sell their engineering services and products like computers and plastic ware. These companies will display their capabilities at the Cairo International Fair, with the help of the Trade Development Board. Turnkey engineering projects
      205 words
    • 92 2 THE MERSEYSIDE Chamber of Commerce and Industry from Britain is sending its first trade mission to Singapore tomorrow. The team comprises 19 businessmen and will be here till March 22. The chamber promotes the interests of business communities on the banks of River Mersey
      92 words
    • 293 3 THE LOCAL trading community will learn about the plentiful business opportunities in Asian Development Bank projects in developing countries at a seminar today and tomorrow. The Trade Development Board is organising the seminar on ADB Procurement Information at the World Trade Centre Conference Room to encourage
      293 words
    • 692 3  -  V—— By BOEY KIT YIN THE SMALL Enterprise Bureau should have the authority to "conclusively deal" with simpler requests for assistance and not have to refer to specialist agencies for each and every case, says administrator Chua Soo Tian. In a paper prepared for
      692 words
    • 114 3 (Chinese) 'h 32-fcfc aMiSW &ria*rs*ttfri& £!!<?> 4k g £fts3r#f*i»W*SK S'j^ni7ite£*t*i° 'h32£:ikW#* #i#ntD£sj«- > rs* teß\ 131» **tt%*o g Mm*y ffl/j>sy&± m 'b&te±WJk{t'A m «'hSS-fcikS^ffefn o 'hSU »n (Birft^sjm a&SP "ftlf w«rr osantta m tf#ttffi3»Whi*Pl o aLSPnw«^AS »r«fl£3tfti£*A SX^»nWW^JI: &fi&4"h3S tf>4k ttflftfkfflDiM» it JH fH*n*mfnft± Hfi |6)Bi£«& "i*H"; tottflifc+'hSS Vji&ttmT 80
      114 words
    • 94 3 A FRENCH metal works company has landed two sub-contracts worth a total of $16 million to do work on the Mass Rapid Transit (MRT) stations at Dhoby Ghaut and Newton. In a Joint venture with Metraco Pte Ltd, Entreprise Voisin will be the sub-contractor for
      94 words
    • 96 3 A JAPAN-SINGAPORE airfreight forwarding venture was recently appointed an International Air Transport Association (lata) agent. CWT —Mits Air Services, a Joint venture between Mitsui-Soko (S) Ltd and Container Warehousing and Transportation (Pte) Ltd, a local company, received approval from lata on Feb 27. Mr Goro
      96 words
    • 347 3  -  By ANNA TEO A COMPREHENSIVE PAPER spelling out the problems of small traders and their training needs has been submitted by the Singapore Indian Chamber of Commerce (SICC) to the National Productivity Board. The chamber has made three recommendations to the NPB. It suggests a training
      347 words
    • 223 3 SEVEN SINGAPOREANS have been selected to attend the Sixth Commonwealth Study Conference to be held this May in Australia and India. Among them are Mr Chia Shi Teck, the managing director of HeShe Holdings; Mr George Abraham, the executive director of the Singapore Indian Chamber
      223 words
  • Page 2 Advertisements
    • 255 2 I just had to tell someone. v* Viffla d'&te I've just bought an apartment here. What do you think of my sketch. I didn't have my camera with me when I viewed Villa d'Este, my new condominium home. You may think I'm boasting, but really, I'm not. They're all facts.
      255 words
    • 38 2 FACTORY > FOR LEASE Rental: 60* per sq.ft. AREA: 10,000- 60,000 sq. ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Interested parties please cafl *****59
      38 words

  • Page 3 Advertisements
    • 248 3 •r.* < X .Vo. >.>■ L H <- iibuyj -f. W\s m :te fl ff V- Kfc V V WkW vr< A •>••' r»«»« fi .1 ff T- > i" ♦«>/ > -tJ 11 -:v* r A I <r > m Ming Dynasty globe showing earth's meridians. GLOBAL ADmNIAGES. Doing
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  • BANKING AND FINANCE
    • 567 4 Reuter LIBERALISATION of financial and capital markets is increasingly being seen as the key to Japan's economic future. Resistance to overseas calls for liberalisation is rapidly being overcome and even Japanese government officials, although still cautious, say they believe the process is crucial. Some
      Reuter  -  567 words
    • 128 4 Reuter SUBSCRIPTIONS to Taiwan's first domestic mutual fund, the Taiwan ROC Fund, have risen to about NTH billion from $300 million in the last two months, manager International Investment Trust Co Ltd (IIT) said. Fourteen Taiwanese banks have subscribed to the fund, including Bank of Taiwan,
      Reuter  -  128 words
    • 251 4 Reuter WEST GERMAN official interest rates are likely to be cut today, giving relief to exporters being hurt by the sagging dollar and responding to calls to help developing nations' financial problems. Banking economists in Frankfurt said yesterday that the Bundesbank, the German
      Reuter  -  251 words
    • 182 4 AFP COMMERCIAL BANKS in Thailand cut deposit and lending interest rates from yesterday to stimulate the current sluggish economy. A Bank of Thailand spokesman said commercial banks' cut reduces interest rate on loans from 17 to 15 per cent while interest rate on
      AFP  -  182 words
    • 108 4 AFP CITITRUST and Banking Corp began operating trust, banking and foreign exchange business in Tokyo yesterday to become the fourth foreign-affiliated trust bank in Japan. Tokyo-based Cititrust and Banking, a wholly-owned subsidiary of Citibank of the US, has a paid-up capital of two billion yen (US$ll
      AFP  -  108 words
    • 327 4 Reuter TRADING in yen bond futures is booming, partly spurred by official moves to rein in speculative dealing on the cash market, according to Tokyo bond traders. They said the four-month-old futures market is now setting the pace for the cash
      Reuter  -  327 words
  • MONEY AND EXCHANGES
    • 939 4 SINGAPORE The US dollar closed slightly lower yesterday against most major currencies after fluctuating within a narrow range in thin and cautious trading. The dollar closed a shade lower at 2.2096/2106 marks compared with New York's 2.2120/35 close, at 1.8785/95 Swiss francs against 1.8800/20 and at 179.15/25 yen
      939 words
    • 74 4 THE OVERNIGHT rate on the Singapore interbank money market closed at 5 per cent yesterday, unchanged from Tuesday. The one-month term rate also remained unchanged while the two and three-month rates fell by 1/16 point each. f S$ Interbank rates at 7pm yesterday: cm*f M Over mght 5
      74 words
    • 374 4 BA Futures EURODOLLAR futures gapped np yHtcnbty from Tuesday as sentiment conunuea to De nimn Because of strong possibility of a US discount rate. June Eurodollar opened seven ticks higher at 92.6 with prices kept on a firm tone throughout the morning «ion. Prices however came oft in the
      BA Futures  -  374 words
    • Article, Illustration
      258 4 HONGKONG: The metal dosed lower yesterday, mainly on profittaking, in fairly quiet and dull trading following its sharp rise in New York. Gold ended at U*****.00/50 an ounce compared with New York's $343.75/344.25 and the $337.30/70 finish here on Tuesday. On the local market, gold rose HK$42 to close
      258 words
    • 271 4 Asian market ASIAN DOLLAR deposit rates closed lower yesterday compared with Tuesday's level, in moderate trading. One month closed at 7% 7V« per cent, down 1/16 point from Tuesday night, three and six months at 7-11/16 7-9/16 each, down 3/16 and 14. Among shortdates, overnight closed at 7% 7V«, down
      271 words
  • Page 4 Advertisements

  • Page 5 Advertisements
    • 198 5 Flying to Europe? This is when most airlines will be waking you up. s 0m m V *>, V v-\ sy -.-AC. i 1 <r ;V»-V; > F iSIiiSSSHISS SSP&shIS V <T r ~v: How come only SAS waits until morning? Without considering the consequences, other airlines make routine intermediate
      198 words

  • OVERSEAS
    • 805 6 ARRIVALS Operator Sorvico number Local timo From LUFT OA LH688 OA472 0005 0025 FRA/DXB SYD/MEL 5IA UA RBA MAS SQII UA2I BU43 MH68I 0125 0215 0300 0820 LAX/TYO LAX/TYO/HKG BWN KUL MAS MAS MAS SIA AC MH603 MH671 MH811 SQI03 AC858 0905 0935 0940 1005 1020 KUL
      805 words
    • 354 6 AFP Reuter A UNITED NATIONS spokesman has rejected any link between Namibian independence from South Africa and the withdrawal of Cuban troops from neighbouring Angola. The spokesman was reacting to a speech on Tuesday by South African President Pleter Botha saying that
      AFP; Reuter  -  354 words
    • 348 6 Reuter THE SOVIET UNION will cut the growth of its oil production because of low oil prices and may buy oil on the world market, s senior Soviet economist said. Stanislav Schatalin, a member of the Academy of
      Reuter  -  348 words
    • 682 6 Market euphoria overdone, warn economists NYT MANY ECONOMISTS are warning that the euphoria that has sent the US stock and bond markets soaring to record levels in recent weeks has been overdone. Attributing the bull markets to a surge of confidence that inflation
      NYT  -  682 words
    • 361 6 Reuter US HOUSE SPEAKER Thomas O'Neill has said be would support tax increases to meet the Gramm-Rudman budget cutting law, but only if President Reagan icveiaes his.opposition to them. He said he would back tax increases if they originated In the Senate but added
      Reuter  -  361 words
    • 125 6 Reuter THE WHITE HOUSE has announced the resignation of the second ranking official of the Central Intelligence Agency (CIA) for personal reasons, after 34 years of intelligence work. In a statement on Tuesday, the White House said Deputy Director John McMahon would be replaced by
      Reuter  -  125 words
    • 230 6 UPI THE POLICE investigation into the slaying of Robert Kennedy concluded there was no evidence that convicted assassin Strhan Bishara Slrhan acted as part of a conspiracy. A 1,453-page summary of the inquiry was released almost 18 years after the New York Senator,
      UPI  -  230 words
    • 153 6 Reuter BRITAIN has proposed an "agenda (or action" to promote Europe-wide industrial progress to allow better competition with the US and Japan. Foreign Minister Sir Geoffrey Howe told the Institute of Directors in London that governments in the European Community should think imaginatively
      Reuter  -  153 words
    • 417 6 AFP THE AGE-OLD tradition of the Speaker's Corner at London's Hyde Park, where unknown orators can hold forth on their favourite topics and obsessions, is in danger of extinction because of the antics of a Canadian Journalist. The corner is hallowed by such historic foreign visitors
      AFP  -  417 words
    • 465 7 FT AFP THE CHINESE GOVERNMENT has used the opening of a landmark conference of textile-exp<yt-ing countries in Beijing to attack US protectionism, which it says threatens the stability of the world economy. About 120 representatives of developing countries and international organisations gathered on Tuesday
      FT; AFP  -  465 words
    • 372 7 AP TWO DEFENDANTS in the Benigno Aquino murder case have confessed their involvement and implicated President Marcos, his wife and other high government officials in the assassination of the senator. Lupine Lazaro, a lawyer involved in the case, said in Manila yesterday that the men
      AP  -  372 words
    • 125 7 AP THE MALDIVES hopes to receive this year the first group of Malaysian teachers to be sent under an agreement reached between the two countries. Maldives Education Minister Mohammad Zahir Hussein said in Kuala Lumpur yesterday that the first group would consist of three
      AP  -  125 words
    • 126 7 Reuter SECRETARY OF STATE George Shultz said US involvement in Haiti, the Philippines and Nicaragua did not mean Washington was interested in toppling governments. "Each country is unique We have to cut and fit and work the situation," Mr Shultz told a Congress subcommittee on
      Reuter  -  126 words
    • 250 7 AP A STRICT BAN on the possession, selling or smoking of foreign cigarettes by South Koreans may be relaxed. Seoul newspapers said yesterday that although there was no confirmation of the accounts, the government had decided to take such a step "in accordance
      AP  -  250 words
    • 206 7 AFP THE OUSTED commander-in-chief of the major non-communist Cambodian resistance group has regained military control at a dramatic field officers' meeting, a spokesman for the dissidents said in Bangkok yesterday. But loyalists denied that General Sak Sutsakhan, dismissed last month by Son Sann, the president
      AFP  -  206 words
    • 198 7 FT THE NORDIC finance ministers have adopted a Joint statement calling for measures to reduce economic imbalances in and between the major industrial countries, to resist protectionism, tackle the debt problem and improve the functioning of the international monetary system. The Joint position taken
      FT  -  198 words
    • 536 7 Reuter THE GROUP of 24 developing nations, which is meeting in Buenos Aires this week, wants to widen discussion on international monetary reform this year to deal with debt and capital flows. Monetary officials said the G-24 was also pressing to broaden the
      Reuter  -  536 words
  • Page 6 Advertisements

  • Page 7 Advertisements
    • 222 7 The banking world has changed. Ask New York. London. Hong Kong. Singapore. Imagine: I )rlii.ite negotiations for a hillion d< 11 hi r takeover are m progress in \ew ork I hi* outcome hinges on I lie arrival of seiurities from And ihi'V re needed fast! Without them ne^<>t iat
      222 words
  • Page 7 Miscellaneous
    • 31 7 Doonesbury > c m p; »i r/Tai j I 3 Km n y BY GARRY TRUDEAU II S?l THAFSORTAHXABtO AtXMTA&L txtx.,lu- omr ASOf\cc nc/»p imsnfSET. 7 c 4^ 1 i ji lU
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  • FEATURES
    • 481 8 OPPORTUNITIES, businessmen are constantly being urged. And China, they hear, is a land of opportunities. There is a difference though, between seizing opportunities and being opportunistic. Those who do not understand this difference received this stern warning from none other than the Prime Minister: Don't take the
      481 words
    • 1822 8  -  ECONOMIC COMMITTEE REPORT A consumption tax will be slowly implemented in Singapore as an alternative source of revenue to compensate for some of the revenue lost through lower corporate and incomes taxes. However, economists and others are concerned that the long-term income redistribution factor
      1,822 words
    • 704 8 letter to the Editor Dear Btr, On Feb 3, you were kind enough to publish my letter under the heading "Where is the client's lifeboat?" This pointed out that, in spite of the Finance Minister and Monetary Authority's statements that the object was to protect
      704 words
  • Page 8 Advertisements
    • 28 8 n»j£2 r t- KAMPACfff Japanese Restaurant Hotel Equatorial. Tel: *****31. 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. Tel: *****13. Managed by utiraria/
      28 words
  • Page 8 Miscellaneous
    • 321 8 )?)^&"&\&)~)=|-*;=``|(}>+(_>([\ CRYPTIC PUZZLE ACROSS 1 Eat ond make fun (5) 6 Tends to make dimples, etc (5) 9 A south coast saint (7) 10 Let everybody go to the town centre (5) 11 Partly log-built shelter? (5) 12 It's instrumental in signaling (5) 13 Men of force (7) 15 Faint
      321 words
    • 346 8 y J 15 Entreat (3) 17 Paradise (4) 18 Hold together (6) 19 Large juicy fruit (5) 20 Wthout warning (6) 22 Girl's name (4) 24 Cathedral city (3) 25 Envious (7) 26 Something valuable (5) 27 Coral island (5) 28 Mannequin (5) 29 Tanned hide (7) 30 Communicates with
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  • SPORTS
    • 485 9  -  Top player Mahader Hassan escapes opening match By WALTON MORAIS SINGAPORE'S Davis Cup squad was all smiles yesterday after the draw for tomorrow's Eastern Zone first round tie against Taiwan. And it had Law Minister EW Barker's lucky hands to thank (or. Mr Barker
      485 words
    • 310 9 Reuter WIMBLEDON champion Boris Becker and the West German Davis Cup squad resumed training in Mexico City on Tuesday amid strict security in the wake of last Friday's assassination of Swedish Prime Minister Olof Palme, for which a West German group has
      Reuter  -  310 words
    • 203 9 AP BORIS BECKER will return to London in June to defend his title at the U*****,400 pre-Wim-bledon grass court event at Queens Club, according to organisers on Tuesday. The 18-year-old West German is one of four top ten players to confirm their entry to
      AP  -  203 words
    • 490 9 Reuter BRITAIN'S Frank Bruno proved he is ready and fit to take on the best heavyweights in the world on Tuesday night when he knocked out ex-World Boxing Association (WBA) champion Gerrie Coetzee of South Africa after 110 seconds of the first round. Bruno
      Reuter  -  490 words
    • 480 9  -  By JEFFREY TSANG REVIVING the Grand Prix in Singapore may still be a topic of hot debate among the authorities but motoring enthusiasts are not waiting for the verdict. Instead, led by the Singapore Motor Sports Club, they have been busy with
      480 words
    • 163 9 WORLD CIIP '88 AP ANALYSTS expect only a slight increase in tourism as a result of the 1986 Soccer World Cup, the business daily El Flnanctero reported in Mexico City on Tuesday. It said the reason is that most tourists in Mexico are from
      AP  -  163 words
    • 617 9 AP OPENING batsman Graham Gooch, a centre of controversy during the current West Indies tour because of his play in South Africa, powered England to an exciting last-ball victory over the West Indies on Tuesday in the second one-day cricket international with a
      AP  -  617 words
  • Page 9 Miscellaneous
    • 1559 9 to (Mi) (bogm® kiaTCu 8.00 Opening and Programme Highlights followed by The Silk Road, Series H The King's Road (See highlights). 8.55 World Music Album Hungarian Rhapsody No 3 by Franz Liszt. 9.00 Cosmopolitan Theatre All for Love: L'Elegance 9.50 Guitarra. 10.20 News and Financial Report. 10.40 Close. 2.30 PM
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  • INTERNATIONAL STOCKS
    • 286 10 FT THE LONDON Stock Exchange has clamped down on controversial new share-buying techniques and "poison pill" defensive tactics which have emerged in the spate of major takeover battles. The move complements a series of measures announced by the Bank of England last
      FT  -  286 words
    • 91 10 Reuter DEUTSCHE Lufthansa AG, West Germany's 79.9per cent state-owned national airline, is interested in the possible purchase of Boeing Co's new 747-400 airliner. A Lufthansa spokesman in Frankfurt said yesterday the airline had not placed any firm orders, but talks were going on. Industry sources said
      Reuter  -  91 words
    • 95 10 Reuter AB ELECTROLUX said a suit, filed by its subsidiary DMT Holdings against White Consolidated Industries Lac and the AttorneyGeneral of Delaware, has resulted in the US federal district court temporarily restraining the defendants from seeking to invoke, apply or enforce the Delaware Tender Offer Act.
      Reuter  -  95 words
    • 320 10 Reuter WALL STREET share prices ended sharply lower on Tuesday as a late slide in bonds derailed an earlier rally. Before ending with whiplash, the market was driven higher into record territory on enthusiasm over General Motors's massive share buy-backs and declining interest
      Reuter  -  320 words
    • 130 10 MAX 04 cs 25* Hud Boy Mn Imp OI tnco 44* 21* 39* 44* •1 lr* Un 20* ireh 17 -H Kan Add 14* LoMa* B 26* ♦1* Bank MorrtT. 27* 12* unch Moutr Farg Mc BhtM 3 29 38* 24* BP Con Ltd 26* 43* 1* Moor* Cp
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    • 213 10 MAI 04 tad UNMC 1350 unch MOUSTUALS MSS A Alpha 1200 4175 -75 Abarcom AE And O 245 1100 -5 unch -5 •600 Angfcrod ■j ,|7|, ***** 1525 inch -55 15 3700 940 CNA 1530 2925 2306 -20 25 unch Com Gold Com Murch ZZ 920 1895 7l0 -V>
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    • 599 10 MA* 04 US$ AJcon AJurrwi AJcoo 31* 42 -i* Lud AM Cham Cp AM Stora* AJb-Oolman Am Brandt he Am Broodcoat Am Con Co Am Crononad Am Elac Pwr Am [«pran Am Horn* Prod Am Motors Cp Am Natural Gat AmTdt T*L Amox he 'IESS isJsisJ ia?R iiiiiiiiniiiii
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    • 849 10 Amsterdam MAI 04 Hi ASN 559.00 17 A#gon ***** 3.1 Ahold 75.50 3.9 Akio 159 70 ♦4.2 AMEV 78 SO 36 Amfos A/nro Bank 101.10 3.5 Bart.*) 37.50 ♦05 Bob Bonumq ZZZ! 667.00 ♦6 Botkofo Bu Tat 155.00 4 Catand Cotva ***** 4 Dal Mi Bhavtar 163.00 3
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  • Page 10 Advertisements
    • 530 10 %a/Z5~. <si< M m hocc< to tfiiK. dit>« and aWia UK P; if:f It could only happen at Hotel Miramar... 4 il •••The Perfect Place For A $3* Drink During Happy Hours. Yes! It's all happening here. At our Brass Rail Cocktail Lounge. A drink for only $3.00* (except premium
      530 words
    • 58 10 London slocks on pogo 15 FtNG CHENG LO(J TEOCHEW SEAFOOD RESDMJRATfT The best Teochew delicacies, dian-xin and seafood dishes in town. Discover mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from: 11.00 am 3.00pm for lunch and 6.00pm 11.00pm
      58 words

  • ASIAN STOCKS
    • 420 11 HONGKONG: Stock prices closed sharply lower yesterday under heavy selling pressure aimed mainly at the property sector. The Hang Seng Index fell 31.44 to 1,664.33 with selling gaining momentum towards the end of the half-day session. The property sub-index fell 65.63 to 1,960.18. Brokers said European funds were wary
      420 words
    • 226 11 MAI 05 Al Sincere Mm Alio Cement NT 289 26 10 -0.01 ♦0.2 Lian Hwa kidut Nan Ya Pto» Pacific Com Poahc Elect 14.60 38 00 23 10 16 30 0.2 0 3 1.1 Carboy Com Chang Hwa Bank Chan Loooq 33.50 53 00 24 40 +0.2 0.5 0.3
      226 words
    • 339 11 TOKYO: The market average rose 23.17 to close at a record high of 13,807.46, boosted largely by purchases of export-related blue chip issues while domestic-oriented issues eased. Turnover was a heavy 640 million shares against 530 million on Tuesday, when the average rose 26.66. Brokers said electronics and precisions
      339 words
    • 74 11 MAI 05 MontMl Acoj* Mining Anglo Phi Oriental B PMtx B Pkop 9 0012 unch ***** unch 79 -3 Ap«x Mining B Altai Con. B. 0.012 -•-0001 IS 1 Gold Bone Pctrotaum 0 003 -0 0012 Son*M«gu«l B 39 50 -1 5 0006 unch B«ngu«t Con. B <00 -3
      74 words
    • 379 11 8YDNEY: Share prices closed slightly firmer yesterday in unsettled trading with industrial stocks, particularly banks, leading the market up. Near the close, the All Ordinaries Index was up 0.3 at 1068.4 and the All Industrials was up 8.1 at a record close of 1670.7 after reaching a record high
      379 words
    • 99 11 MAR 05 Won Hyundoi Const 1019 +21 Hyundai Motor 2260 unch Bonk Seoul 620 unch KAL 865 50 Choheung Bk 597 unch Korea First 650 C ommfrciol Bk 658 unch Yukong 2152 100 DoeWn Ind 537 +7 Korea SNp 319 •2 Doewoo Corp 935 39 Lucky Ltd 975 17
      99 words
    • 148 11 BANGKOK: The Securities Exchange of Thailand Index improved 0.43 yesterday to 138.19. Turnover amounted to 356,741 shares valued at 60.1 million baht. MAR 05 MM Sam Cement Siam Citizen Snm C*y 409 69 50 4&4 •HO ■05 20 Alio Ftor« South Asia Fix* Strong Pock Thoi Commercial Bark Tha
      148 words
    • 62 11 Reuter JAPAN Steel Works Ltd and Toyo Menka Kaisha Ltd have Jointly won an order worth about one billion yen for sir blow-out preventers for oil rigs from Koomey Inc of the US. A Japan Steel Works spokesman said the preventers would be made under
      Reuter  -  62 words
    • 429 11 AFP AUSTRALIA'S biggest industrial enterprise Broken Hill Proprietary Limited (BHP) has again had to fight off a takeover hid by financier Robert Holmes a Court, reputed to be the country's richest man. The federal government has refused to intervene directly in the struggle
      AFP  -  429 words
    • 109 11 Reuter MERRILL LYNCH and Co Inc will be applying for a listing on the Tokyo Stock Exchange. Merrill Lynch Japan chairman Tetsundo Iwakuni said yesterday that the listing would help the US broker establish 24-hour trading in its centres in New York,
      Reuter  -  109 words
    • 215 11 Reuter IN SPITE OF signs of a return to a better balance of world supply and demand for alumina, substantial benefits are unlikely to flow on to Alcoa of Australia Ltd in 1986. Chairman Sir Arvi Par bo told the company's annual meeting in
      Reuter  -  215 words
  • Page 11 Advertisements
    • 552 11 v; WSiere id wiae, diae aai eaiertaia m. ir.? a n m n m We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars groove to the pulsating rhythms spun by the dynamic music makers. Solosa Sound Services Business Hours A First Drink Charge
      552 words
    • 113 11 ONLY $12.50 BUFFET-LUNCH COMBINING THE BEST OF EASTERN WESTERN DISHES ATh* Lunch Hour*: 12 noon 3pm 10% service charge 3% government tax not included. 19, Cairn hill Circle, Singapore 0022. Tel: *****22 Telex: RS ***** 3 H v 4 V Our Daily Specials! A sumptuous 3-course western or local menu,
      113 words

  • RAW MATERIALS
    • 322 12 Reuter [SOUTH-EAST ASIAN tin producers hold the key to a solution the more than four-montb-old leash crisis surrounding the International Tin Council (ITC). ITC delegates said bankers lhad set a deadline of midnight l*st night (or the 22 council members to accept
      Reuter  -  322 words
    • 235 12 Bernama MALAYSIA'S top rubber experts will gather at a vital seminar soon to iron out some of the industry's pressing woes and to •'chart out its future course. The two-day seminar, beginning on March 31 and organised jointly by the Malaysian
      Bernama  -  235 words
    • 375 12 Reuter TALKS BETWEEN foreign ministers from the European Community (EC) and developing nations on Tuesday night failed to resolve a bitter row over sugar prices, but diplomats said negotiations would go on at a lower level. They said the 13 sugar producers among
      Reuter  -  375 words
    • 257 12 Reuter RETURNS for Australian sugar cane growers are still inadequate to cover production costs of all but a handful in spite of a «n*ii but encouraging rise in prices. Queensland Cane Growers Council chairman Fred So per said it was wrong to conclude
      Reuter  -  257 words
    • 85 12 THE PBICE OF TIN ea the Kuli Lemper Tie Market reee another 18 eeote to Ms2*J9 per kg yesterday ea farther ■ottered haytag. Dealers said kaytag waa Batted to 142 teases agaiast ltt toaaes ea ate, sf the tear aeatk sid crisis wkftck crippled the lepras tls—l Ha
      85 words
    • 270 12 SOYBEAN FUTURES on the Chicago Board of Trade closed on a firm note on Tuesday, up 6V« to two US cents per bushel in improved trade. May settled at $5.34 Vi, apparently breaking out of the sideways trading range seen over the past few siffci. a potentially bullish signal.
      270 words
    • 66 12 Robust a 20/25% FOB NSW ***** Nutnwg 110 FOB NSW 909 00 BWP FOB NSW 810.00 Gombior FOB NSW 330 00 London Commodity Sdhn' dmm§ pn cm m Mac 4 (US$/lo*9 t««M parti, mIm iiWi CIF European m itatadi P«PfMT (Sarawak) Foq. tpot 6600 Whit* foq, afloat 6600
      66 words
    • 167 12 MALAYSIAN crude palm oil prices closed higher yesterday on strong «hort-cov-ering Interest In moderately active trading, as sentiment was aided by further rises in Chicago soyoQ futures on Tuesday. March deliveries in central and south firmed M$30 and $25 respectively to $400 per tonne; and north $25 to
      167 words
    • 135 12 WHEAT FUTURES on the Chicago Board of Trade eased to close mostly lower on Tuesday, ranging from up IVt US cents per bushel in spot to down four in December. May settled at $2.92 <4, near the bottom of a 6 -cent range on the day. Continued tight available
      135 words
    • 65 12 Bangkok (US$/t«MM, FO§) Whit* Rtc« 100% 1st ctou 265 100% 2nd doss 240 100% 3rd doss 235 5% 225 10% 220 15% 215 20% 205 25% 195 35% 190 Broken Rica A-l Super 135 A-1 Special 132 C-l Special unq C-l Ord unq Loonzoin Rice 100% 1 st grode
      65 words
    • 1144 12 COFFEE Robusta futures reversed direction sharply on Tuesday afternoon, after initially dropping to session lows, and by the close were £65 to £106 a tonne higher. Tlie rise triggered short-cov-ering, buy-stops and fresh speculative buying, with firmer sterling against the dollar having little impact. The scope of the
      1,144 words
    • 304 12 SMQAROIIE The market closed lower yesterday with April One RSS buyers quoted at 172.00 cents per kg, down three cents from Tuesday. A reserve of sellers caused prices to (an 5 JO cents In moderate morning trading, with lower Tokyo advices also affecting sentiment. Short-covering helped prices to recover
      304 words
    • 225 12 RAS prices in S coot*A«, FOB m fa Hot HOC M CLOSC In* 1 RSS Prompt ***** 170 OON 171.00 *****N knt 1 RSS Apr 86 170.50 171.00 172.00 173.00 Int 1 RSS May 86 174.50 175.00 176.50 177.50 Int 2 RSS OJ> 169.50 I70.50N 170.50 171.50
      225 words
    • 97 12 (cMtl/kf, 1-tM P 4M,) APtlL 86 MAY 86 (cmrm it Month) (forwon 1 month) NOON NOON RAS Bayan Satan l»|iri jtHin SSR 20 176.50 178.S0N 177.50 179.50N SSR SO ***** 174.00N 173.00 175 OON MRELB l»>in SAn Bi|M SaNars SMR CV 238 00 240.00N 239 00 241.OON
      97 words
  • Page 12 Advertisements
    • 144 12 YOU DONT GET AHEAD VSTi BEING SECOND IN UNE. Whether it's winning a contract or making a sale, you don't succeed in business if you come in second place. The same applies to the news and information you need timely, reliable news you can act on. That's why successful executives
      144 words

  • SHARE INFORMATION
    • 4122 13 FRESH BUYING stabilised the stock market yesterday afternoon but failed to recover earlier losses As a result, share prices closed slightly lower. The BT Composite Index fell 3.93 points to 529.25 and the Straits Times Industrial Index fell 3.45 points to 622.78.
      4,122 words
    • 225 13 SINGAPORE RiSM Indies* K**aek» S*ara 200 17 March 4 March 5 tap, tlact 220 5 rrc« w> 0..t« 533 It 529.» Sfeaaca 123 +3 rMctto. *****94 775*0*2 »7V4 +2H ITOt/OS -IS* 245 Gty DnSO, MH +2* ITCAtX 4*21 -*95? »2 +2 rrotv -215*2* 223*54 r***. 2*2 +2
      225 words
    • 2521 13 BID and offer prices officially listed mad husinrss 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. AH Time Settlement Contracts are quoted after the word "SETT".
      2,521 words
    • 108 13 HONGKONG Tuesday 1662.6 Hong Seng Index Wednesday 1664 33 Week ago 1629 6 Tuesday 1695 77 NEW YORK Week ago 1746 30 Dow Jones TOKYO Tuesday 1686 42 Monday 1696.67 Nikkei Average Wednesday 138.07 46 Tuesday ***** 29 Week ogo 1692.66 Standard Poors Week ago 1362 170 Tuesday
      108 words
    • 248 13 Managers' prices for March 6 Singapore Unit Trust The Commerce 0 84 0.89 The Sovrtgs Fund 068 0.72* S'pore Prog Fund 0 34 0 36 S'pore Sec Fund 0.54 0.57 S'pore Invest Fund 0 49 0 52 S'pore Eqmfy Fund 0 39 0 42 Asia Unit Trust Mat
      248 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 1799 14 8 DBS FINANCE DBS FINANCE LTD Balance Sheet as at 31st December 1985 Share Capital Authorised 50,000,000 shares of Ssl each Issued and fully paid 12,000,000 shares of Ssl each Share premium account Reserve fund Profit and loss account Tott Capital and Reserves Deferred Taxation Long-Term Borrowings Borrowings from holding
      1,799 words

  • COMPANY NEWS
    • 376 15  -  By CHAN OI CHEE FOR THE FIRST TIME since it was listed on the Singapore stock market in 1981, Isetan (Singapore) has incurred a loss and will be paying no dividends. The Japanese retail group, which currently has three outlets here,
      376 words
    • 407 15 GOODWOOD PARK Hotel Ltd, the flagship company of Tan Sri Khoo Teck Puat, continued to rely heavily on its successful stock market dealings to keep out of the red last year. According to the hotel company's latest annual report for the year to end-September 1965,
      407 words
    • 319 15 LIKE ITS PARENT, DBS Finance Ltd suffered a severe contraction in profitability last year because it had to set aside substantially higher provisions for possible loan losses and diminution in the value of other assets. The results, the first to be
      319 words
    • 416 15  -  SES to put proposal to Supervisory Committee tomorrow By NAJEEB JARHOM THE STOCK EXCHANGE of Singapore is expected to recommend to the Supervisory Committee when it meets tomorrow that deposits be returned to remisiers with broking firms that have collapsed or are fragile, highly-placed
      416 words
    • 358 15  -  By HOMER CHEN A TUSSLE has started between secured and unsecured creditors of stockbroking firms following recent court action. Unsecured creditor banks of a few brokerage houses have obtained injunctions to stop secured creditors from taking possession of scrip. This new twist of
      358 words
    • 136 15 AMBASSADOR HOTEL has not yet completed the purchase of 70 per cent of Cocoa Processors Sdn Bhd. The parties concerned have extended the completion date of the agreement to May 10,1986. But in view of the delay and changes in market conditions since the company announced that it
      136 words
    • 768 15 THE MARKET yesterday opened higher in moderate trading following Tuesday's gains to near record levels. At 10.46 am, the FTSE 100 Index was 12.2 points up at a record 1,561.1. Dealers said sentiment was helped by the continuing firmer trend in sterling and the firm bond market. Midland
      768 words
    • 2234 15 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded shown in brackets in lots of 1,000 units unless otherwise specified. NNJSTRMLS AlliodOiocd 85S) AMD (3.885) Alcorn (0.555) (19) 0 55
      2,234 words
    • 116 15 BATU LINTANG RUBBER C»mp»ny Be rhad: 62nd AGM at 58, Main Bazaar, ***** Kuching, Sarawak, Malaysia, on Wednesday, March 12, at noon. KUALA LUMPUR KEPONG Berfcad: 13th AGM at Wisma Taiko, 1 Jalan S.P. Seenivasagam, ***** Ipoh, Perak on Wednesday, March 12, at 12.20 pm. MALAYSIAN TOBACCO Company
      116 words
    • 699 15 QUIET TRADING conditions prevailed on the Kuala Lumpur stock market yesterday and share prices finished on a slightly easier note. Only a few speculative stocks were actively traded and these were able to pick up some ground while most other issues closed a few bids lower
      699 words
  • Page 15 Advertisements
    • 153 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Palm Oil Transportation Pte. Ltd., hereby give notice that In consequence of our Purchase a motor vessel from M/s Herring Maritime S.A. have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act (Chapter 172, 1970
      153 words
    • 125 15 VAN DER HORST LTD (Incorporated in the Republic of Singapore) Vl'Mll'M.'N.T CLOSURE OF REGISTER Notice is hereby given that the Transfer Books and Register of Members will be closed on 25th and 26th March 1986 for the purpose of determining the Shareholders' entitlement to the proposed final dividend for the
      125 words

  • 390 16  -  Chips sent to France for fabrication and testing By BOEY KIT YIN A TEAM of Economic Development Board engineers has successfully designed two microchips at a $5-million Joint design and training unit with leading computer-aided engineering (CAE) company
    390 words
  • 246 16 TELECOMS will trim manpower over the next few years to ride out the economic downturn but will do so through natural attrition, said its general manager last night. Staff strength at the telecommunication authority, which handles telephone, telex and postal services, dropped for the first
    246 words
  • 180 16 Reuter HONGKONG votes today for the third time in a year amid concern that the British colonial government is playing down the election in the face of China's opposition to political reform before it takes over in 1997. About 1.4 million voters a quarter of
    Reuter  -  180 words
  • 399 16 AP PHILIPPINE Defence Minister Juan Ponce Enrile yesterday said that he favoured the retention of American military bases in his country. Mr Enrile also promised wide-sweeping military reforms, subordination of the tainted armed forces to civilian authority and a drive against wrong-do-ers under the Marcos
    AP  -  399 words
  • 215 16 UPI CORAZON AQUINO'S administration yesterday treed unconditionally four top rebel leaders, including the founders of the communist party and its armed wing, amid US fears the move could hurt her an-ti-insurgency drive. The four rebels freed were Jose Maria Sison, 47, alleged founder of the
    UPI  -  215 words
  • 126 16 AP AUSTRALIAN Foreign Minister Bill Hayden met Singapore's Foreign Minister Suppiah Dhanabalan yesterday and discussed issues of trade, the international situation and drugs. Mr Hayden told reporters after meeting his Singa porean counterpart that Mr Dhanabalan said Singapore believed Australian antidumping procedures "operate as an
    AP  -  126 words
  • 118 16 Bernama MALAYSIA will go for an Asean summit provided the majority of the sixmember countries agree, said Foreign Minister Tengku Ahmad Rithauddeen yesterday. He also indicated that Kuala Lumpur would not be opposed to Manila holding the summit, saying that "on rotational basis, it's
    Bernama  -  118 words
  • 399 16 AFP THE PROSECUTION in the Carrian trial yesterday outlined bow George Tan and his chief lieutenant allegedly entered bogus profits in Carrian Investment Ltd's (ClL's) 1981 accounts. Prosecuting counsel Lionel Swift told the High Court in Hongkong that false deals, through which a
    AFP  -  399 words
  • 249 16 Reuter THE US and Japan moved closer to settling their dispute over high-technology trade in semiconductors during top-level meetings in Tokyo this week. A US official in Tokyo said yesterday that the talks had narrowed some differences and set the framework for further talks
    Reuter  -  249 words
  • 167 16 Reuter EXCO INTERNATIONAL PLC and merchant bankers Morgan Grenfell and Co have terminated their exploratory merger talks following discussions with the Bank of England, a Joint statement said yesterday. Tan Sri Khoo Teck Puat acquired a 25.5 per cent stake in Exco in November last year,
    Reuter  -  167 words
  • 347 16  -  By LEE HAN SHIH Property Correspondent BANKERS, DEVELOPERS, Industrialists and professionals yesterday grouped together in a rare show of unity to lobby for government support in the property market. In four separate statements, the Association of Banks in Singapore (ABS), the Real
    347 words
  • 91 16 Reuter COMEX GOLD FUTURES lost more than US$4.OO yesterday in a profit-taking reaction to an overnight rally of US$5.5O. Gold for delivery in April fell $4.20 to $341.80 an ounce before steadying on buying by professionals. Analysts said the fund account C and D commodities and local traders
    Reuter  -  91 words
  • 53 16 Reuter WALL STREET stocks pulled back further from Tuesday night's weaker close, which coincided with a sharp retreat from the highs in bonds. Bonds again moved lower yesterday morning. The Dow Jones Industrial Average was down nine points to 1677. Losses led gains threetwo with 14.77 million
    Reuter  -  53 words
  • LATE FILE
    • 35 16 Bernama ASEAN countries will set up an "Asean Village" at the International Travel Exchange exhibition in Berlin next year, Malaysian Tourist Development Corporation di-rector-general Hamzah Abdul Majid said yesterday.
      Bernama  -  35 words
    • 41 16 UPI PRIME MINISTER Yasuhiro Nakasone told the Diet yesterday that Japan will send a third delegation to the US to assess a possible role in the Strategic Defense Initiative, boosting speculation a decision is near.
      UPI  -  41 words
    • 45 16 Reuter A SOVIET PILOT who hijacked ail Aeroflot flight to China last December has been jailed for eight years by a Chinese court but East European sources said, he is likely to be extradited to the Soviet Union soon. Reuter
      Reuter  -  45 words
    • 45 16 Bernama THE LAUNCHING of the Indonesian communication satellite Palapa-R-3, scheduled for this June, will have to be postponed because of the US government's decision to delay the Columbia space shuttle flight mission for at least one year, Indonesia said yesterday. Bernama
      Bernama  -  45 words
    • 35 16 Reuter OIL MINISTERS of Gulf Cooperation Council states will meet in Riyadh on Saturday to coordinate policy ahead of the Geneva meeting of Opec in March, industry sources said. Reuter
      Reuter  -  35 words
    • 35 16 Reuter SOUTH KOREAN dissident Kim Dae-Jung yesterday said that an opposition petition campaign for election reforms was expected to gather one million signatures by the end of the month. Reuter
      Reuter  -  35 words
  • Page 16 Advertisements
    • 78 16 ANNOUNCEMENT BY U S INTERNAL REVENUE SERVICE A taxpayer service specialist will be in Singapore to provide assistance and to answer questions regarding U S tax returns and tax law from March 17 through March 21, 1986 There will be limited taxpayer service after March 21. We recommend that you
      78 words
    • 7 16 Sato* of $2 million •xpoctod f 2
      7 words
    • 7 16 Marco* implicated in Aquino daath, paga 7
      7 words
    • 202 16 The meeting point for Asia's Rubber Plastics miS 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 now
      202 words
  • Page 16 Miscellaneous
    • 56 16 msjmi light to modertoe ram. Heavy at times in the lot* morning ond afternoon. Report for 24 hours prior to 7.30pm on Mar 5 at the oirport: Maximum temperature 26.8 Associated humidity 82 Minimum temperature 22.6 Associated humidity 100 Hours of sunshine 0.35 RomfoN in millimetres 40.5 Roinfoll this month
      56 words

  • SHIPPING TIMES
    • 124 17 LLOYD'S REGISTER has published the fourth edition of its Sea-going Dredger Register to coincide with the World Dredging Congress in Brighton, UK this month. The register is produced in close co-operation with the International Union of Hopper Suction Dredger Owners, based in the
      124 words
    • 501 17  -  By G DURAIRAJ HOPES HAVE been revived for the implementation of the North Butterworth Container Terminal. This follows an offer by the Penang state government to reconsider the price of the land for the proposed terminal. The state government has agreed to reduce
      501 words
    • 156 17 UPI THE SOVIET Union plans to increase two-way shipping and trade links with Singapore, a Soviet trade representative said. M A Vilenchik said some 965 Soviet ships including auxiliary vessels passed through Singapore last year making the Soviet Union the leading merchant
      UPI  -  156 words
    • 142 17 ALL SHIPS' crews and skippers from socialist and communist countries have been prohibited from leaving port areas in Indonesia, a port administration official said. Colonel Baroto Sardadi said that the prohibition was based on instruction from the Defence and Security Command (Kopkamtib). He
      142 words
    • PORTSIDES
      • 112 17 AFP A PHILIPPINE ship caught fire in a storm in the Macassar strait east of Indonesia's Pulau Laut Island and was abandoned by the 23 member crew, Antara news agency reported Tuesday. Quoting port officials in Banjarmasin, South Kalimantan, Antara said the Marine Star with 4,750
        AFP  -  112 words
      • 101 17 Reuter A THREE-DAY-OLD strike by 600 merchant navy officers will continue until the government accepts demands for better pay and fringe benefits, Merchant Navy Officers' Association president Khairul Anum said. Chittagong port officials said they have stopped supplying drinking water to four strikebound ships. They also cut
        Reuter  -  101 words
    • 1228 18 INTEREST continued to be mainly directed to the time-charter sector of the freight market on Tuesday with grain fixing still very slow to develop, shipbrokers said. A vessel of 60,000 tonnes dw was reported to have been booked with delivery Japan for an Australian round trip at U554,600
      1,228 words
    • 810 18 NYT WHERE THE FAR East begins, proclaims a poster issued by the city's port authority. Such a slogan is more wishful thinking than fact; the once-bustling port is puny compared with others on the west coast. But San Francisco is trying hard
      NYT  -  810 words
    • 297 18 Kingsley Wood DIVERS OF Fremantle shiprepairer Franmarine Underwater Services have repaired and applied protective paint to the bilge keel of a Japanese ship anchored off the port. It is believed to be the world's first commercial underwater painting and was made possible by using
      Kingsley Wood  -  297 words
    • 628 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL IN 2/3 ASCL HI 1 Bolt-Canada Line VI 4/5 Baft-Orient Line VI 4/5 Bank Line V 5 B8S II 4/5 Ben Line Cont
      628 words
    • 335 18 Reuter NEW ZEALAND navy divers have started searching the sunken Soviet cruise liner Mikhail Lermontov to try to find the body of a crewman thought to have died in the wreck, a senior government official said. Marine superintendent Hugh Jones
      Reuter  -  335 words
    • 314 18 The above Information is compiled from data provided by the Singapore National Shipper's Council and other sources. AUSTRALIA Fob 24 Sydney 2 container ships operating, 1 waiting and two bulkers operating, 4 waiting. Melbourne Normal operation. BANGLADESH Fob 24 Chalna 6 bulkers operating. Chittagong 3 container ships, 1
      The above Information is compiled from data provided by the Singapore National Shipper's Council and other sources.  -  314 words
    • 182 19 Seatrade Week MITSUBISHI Heavy Industries is considering reselling two 2,500TEU container ship newbuildings ordered by Orient Overseas Holdings Limited. The ships, which were scheduled to be delivered last October and December, now arg'moored off the Kobe Dockyard. Company sources say that it has been
      Seatrade Week  -  182 words
    • 375 19 Lloyd's List CREWING AGENCIES and the Philippines government the world's largest supplier of seafarers—are taking urgent action to prevent the country's labour from being undercut by lower-cost nations. Measures to increase the training and reputation of the country's seafarers are being implemented to move them
      Lloyd's List  -  375 words
    • 432 19 AP AN IRANIAN helicopter gunship attacked a French supertanker on Tuesday in the central sector of the Gulf, firing a rocket that punched a hole in the engine room's starboard side, marine salvage executives said. The captain of the 269,713ton Cbaumoat said
      AP  -  432 words
    • 209 19 CONTAINER TRAFFIC at the Port of Los Angeles continued its record-break-ing growth. Last year, 1,103,722 TEUs passed through the port, an increase of 22 per cent over 1984 and 50 per cent over 1983. In December alone, director of marketing, Mr
      209 words
    • 313 19 Fairplay TUTICORIN IS a small port on the southern tip of the Indian peninsula, handling around 4 million tonnes of coastal cargo, mainly coal, salt and petroleum products annually. But the port, it is claimed has the unique distinction of having the lonPit individual breakwater
      Fairplay  -  313 words
    • 339 19 INDONESIAN shipowners who have to send their old ships to the scrapyard have asked the government to revise the prices set for ship construction under the Caraka Jaya programme. Mr A Ma nap, secretary general of the Indonesian Shipowners' Association, told an Indonesian
      339 words
    • 669 21 March 3-6 Appraising and financing port projects, Unctad, IPER and ENPC course, Le Havre, France (Details: Institut Portuaire d'Enseignement et de Recherche (IPER), 1 rue Emile Zola, ***** Le Harve CedexFrance). March 3-6 Acoustics in subsea technology, course, Cliff Tops Hotel, Shanklln, Isle of Wight (details: Subsea Conferences,
      669 words
    • 187 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • 6229 24 aaaasma 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
      6,229 words
    • 718 25 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Voy date/time Operator cargo schedule Location K Mezentsev 01-86W Cectbe Ms 8605 Thona Bhum 52N Majapahit 01 SB Or Merchant 1S Paithoon 23S/N Nik Golovan 5E/86 Saudi Abha 022 Lampung ***** Lngquanhe 8E
      718 words
    • 1651 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—l A Top EnttrptMi h* Ltd Some (S) Al Shipping Bousteod Shpg Agencies Afeo Lin* African Shpg Agenoes (S) Ahrenkiel Liner Kim Shpg (S) Alfred c Toepfer Oceonus ShippingA gencies (S) Sdn Bhd (PK). Amtficon
      1,651 words
    • 433 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B Prasetya K30 Foong Sun alongside 06.3.86/0600 Itaimbe K16 P Simon alongside 06.3.86/1200 Qingyang K33 Y Fung alongside 06.3.86/0600 Str Venture K24W SSPL alongside 06.3.86/1500 Equator 5 K23 Thong Soon 06.3.86/0700 08.3.86/2359 G-Selatan 9 K17 Ocean Intl
      433 words
  • Page 17 Advertisements
    • 646 17 Concise Comprehensive Contemporary .•SSS-y* (1 FEDERAL lI :1V u» IiMI OOCL OhientOvhqeas CtUaitm Line STRAUS FUROPf MPP C SS SCVICI mrdk SMPfMt mocks on turn/ oat) 70 Skenton Way #***** Marina Hon* Singapore 0207 Tel *****11 TELEX NO RS 2417) CFS OFFICE TPC #034)29 Tel *****31 and *****32 Terminal oftct
      646 words
    • 65 17 mm MORE THAN US$4O million is being invested to improve Son Francisco's pier facilities and officials are actively wooing customers. Pag« II CREWING AGENCIES and the Philippines government are taking uraent action to prevent the country's labour from being undercut by lower-cost nations. P«g« 111 Index to advertisers II Shipping
      65 words
    • 1144 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent l times ahead. forewarned will be forearmed $22.00. TIMES THE BOOKSHOP MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS lINSAPSRI/BAHRAJN' 10 DAYS SINGAPORE/KUWAIT —11 DAYS Voy S* por« EXPORT
      1,144 words

  • Page 18 Advertisements
    • 449 18 yijra V TUTWZ 9 yamashita-shinnihonlinc JEt .CONTAINER SERVICES USA/CANADA Ftwtar M PK FABRY MX 9d aOUT AC£ 10/3 mm crystm 20/3 FARMY MX 31/3 Pacific South Wml Pacific North Waat Faadar at Tokyo Faadar at Kobo to Pvt YAMASHR K Faadar at Kobo mtm n hat TOKYO a 1/4 TOKYO
      449 words
    • 259 18 Supercarrier Service 15/3 7/5 25/3 7/5 5/4 17/5 15/4 27/5 25/4 17/t UM 14/3 24/3 22/3 4/4 14/4 NEXT MUBVM.S TOURCOMG X/ 2. BARKR TOBA 7/3. BARKR TABTA 27/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA «/3 7/3 I M/ 3 112/3 22/3 21/3 27/3 2/4 1-4/4 7/4
      259 words

  • Page 19 Advertisements
    • 821 19 The Straits Steamship Group KC Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINERSHIP SfRVICf TO UK CONTINtNT frimfimt express 12/3 13 TOKO EXPRESS U/3 21 KMMKIIU MMU 27/3 21 LIVERPOOL MT M/ 4 M WD EXPRESS 12/4 u ROMOON
      821 words
    • 701 19 Franco Belgian Services I iW /r. ri. i. v> >f>> /i'l.iii I 'r I i-f. r; I in. ME MBER OF ACE CONSORTIUM) mW f JOMC Li Kam Ita FUmm Mm BKmb Art bM 3 Mb) 21 Ma 25 Mb Slh 21 Mb 31 Mb (1 Apr BW» 12 Mb
      701 words

  • Page 20 Advertisements
    • 740 20 <4 I&.&LINE W till* .0»»n»g r,j» u Hapag-Lloyd H 10 CONTINENT/UK EXPORTS On carriafe to Scmdhana, Med, Carribean ft S. America Hand Kaubf* to inland destinations in Eirope Spart Lanonßfeao Gm 13/3 IC/3 11/3 13/4 IS/3 19/3 21/3 11/4 12/4 14/4 18/5 i Hbwrf 14m Bum A'warp 21/4 IS/4 22/4
      740 words
    • 510 20 Wai Sun Hup Co (Pte) TEL *****06 (20 Lines) TLX RS 22C Ltd ***** RS ***** INTERMARITIME LTD K. Kfcabafei (S* A|«nt) T«fc *****0 Marta (Sab Af«t) T* C7OOOl REUNION/SOUTH AFRICA SERVICE a km v n fl la lh El ft ci ■ES *67 21/3 27/1 11/3 12/4 11/4 lt/4
      510 words
    • 515 20 O EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) GOVERN SLORY mi OF TED no GOOD EVE* GRAM) EVER GENUS ALSO ACCETTR* CARGO TO i) novum, mmm. s 2) ATLANTA. CttCAGO DETROTT COLMMK I OTWR I SET MIS KSE 13/3 17/3 11/3 a/1 24/3 25/3 27/3 31/3 1/4 3/4 7/4
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    • 194 20 n \i US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES FT f KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC KYOWA BREEZE bt Port Jtya, Lm. PJbrtsfcy. Marian, Pitri, Kitti Ocean Oman 30/3 Lm, P. Maraaky, Hariara, SUN UNION LINE c* la TAIYO MARINE LINE WEST
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  • Page 21 Advertisements
    • 339 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 PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL FIJI SNLS SPOKE m PLYMOUTH POT CHNJOS CaiJkHA ST A* 1 Apr 12
      339 words
    • 80 21 \<t» THONG SOON m AGENCIES PTE. LTD. #09-07, Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORETOSABAH PORT SINGAPORE TO BRUNEI •BULOERM SMI S/K 6 Mar t Mar Muara •JENSONN SMR 6/86 9 Mar 11 Mar ftkiara •EQUATOR
      80 words
    • 626 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT Br«ma Eiprau iMta In 17/5 10/5 20/5 21/5,. U/5 Oy ft (Mnk >"»f wfp 1/4 I'M O 3 IBMJ <M ALL VESSELS ACCEPT IRAN TO/FROM PENANG AND EAST 232aaa (KjJEBSEN LINE fc. NEW ZEALAND TO NEW ZEALAND. PAPUA NEW GUINEA AID SOUTH
      626 words
    • 456 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYB P.T. QEStftl LLOTB tX SAMBOA INDONESIA e P.T. TMKOftA LLITI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE Sublet »o Indiifiwwt. Ateo Accepting Cargo to ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CAAOO VIA T/S TO UK PORTS, HULL. LE HAVRE, OSLO, COPENHAGEN, AARHUB,
      456 words
    • 341 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STM (Burmese National Line) Loadng for Ranfoon S'pora Htoneywa V2OTW 9/12 Mar Pa-an V92H 9/13 Mar Paean V97W 24/25 Mar Phashwe(yawywa V265W 2S/30 Mar BANK LINE SPORE R'DAM HULL HMBG TAUSALA SAMOA 15 Mor 11 Apr 28 Apr 16 Apr FORTHBANK 29 Mor 24
      341 words

  • Page 22 Advertisements
    • 1195 22 ■Im ECUADOR/PERU/CHILE mai m Mono m FM EAST MDGE ¥33 St* EXNKTEK spok pug 3 Ma 4 Ma rwc Kline KAWASAKI KISEN KAISHA, LTD. AFAGASTA SANTOHO WMMISO MGOTA GUATAQUi CALLAO AHCA 27 Mb 24 Apr 31 Apr 6 I MiT May 1« Ma» H TAIWAN-JAPAN-CHINA-MANILA AUO ACCEPTHG. SHANGHAI HSMGKANG. MO
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    • 401 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers "area»»ar INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain** S«|aport Plata* Ptaar* Mill Maaai/Catnrtta IS M» M«M»/CadM/«» 11 Ma 21 Ha 23 Ma INDIA SERVICE Accepting FCL Contahun and Conventional Cargo S*|apOft P Mm| PpM* LOjdMlf lOf I II Nv Maßa»/Ca lUn/rM/IWi/ Catarfta USA
      401 words
    • 605 22 GOLDEN LINE GUM GUAM SWUNG (PIE) LTD 21. W kym IM mtmm iim m vmjms (it m> STRAITS/PERSIAN GULF SERVICE: riu GOUXN «Om CokmDo H*acVll«c»trtot» to fwi 60UWI cm Cotomtio K*acto 21/2J Urn CHMA OCEAN SUPPING CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA tHj I Ipn Kortctf i>j* Dmm HANZHONC*
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    • 445 22 INTRASEA (PTE) LTD 10 Anson Road "27 16 I nte'nat'ona P S'nqapore 0207 Tel *****1 1 I 1 O L ">esi <► BREAKBULK SERVICE TO EUROPE/UK j| PHILITRON SHIPPING AGENCIES PTE LTD TEI *****?? (8 I INt S) TELEX RS ?87?0 PHIL! kbit ia t fa eta stok soma rn
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  • Page 23 Advertisements
    • 892 23 NOL NEPTUNE ORIENT LINES LTD Agents S poc NEPTtfC AGENCES PTE. LTD Id No offc. TonM CfS BOWWCS *****77 Ft HI/MB! TM/SM *****77 *****22 *****43 0* OMfCT L*S *****53 *****42. I Bjtvu HAIOT* HUH*. BTO. 23(100 P Kelang HARPER NX* SON. BHD. *****1 3842*8 P laya HARPER MM SDH. BHD
      892 words
    • 468 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON NJPIUNf AG! NCIIS PH I ID lel 7/89S 71 7854 i 4 Hookmfs) ??7/blo iOpf.jl.onsi VOVB4 itr-rmmjit ?7a?-' 3 770?V04 (CIS) Ml! IIINAS SI ll* SDN BHO HI IH PA M 3895b4 PIN W 1673/5 1674
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    • 594 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULOM6 55, Market Street Sinfapore 0104 Telephone Number* *****3 (15 Lmes) Cable Address SMSOV SMGAPORE Tetex Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHARKAT NAH SOON SON. BM>. IST AND 2ND FLOOR. NO 1. JALAN CEMPEMNG, PORT KLANG MALAYSIA
      594 words
    • 79 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Somerset Road #06-01. Ng Teow Yhee Bldg S pore 0923 Tel 235 8444 <4 lin*s) Pott Helang Fifj Pina Shipping Sdn Bhd lei 03 %890.'4 S Penang Malaysia Irade Iranspott ltd Tel 04 61/893 Pasir Gliding Malatsian Shtppirg Agencies
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  • Page 24 Advertisements
    • 404 24 j REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) SINGAPORE 52N I Thu 261N Sat Sun Tut Thu Sit Sun Tim Tin Sat Sw Tut 55N I Thu SEA FORTUNE SEA FORTUNE TO. SOUTH THAILAND (FORTNIGHTLY) MALACCA STRAITS I Cull i mm I ir^in77il i 1 T Mmr*in?iPwrgTgin?ii Abo Kccptini
      404 words
  • Page 24 Miscellaneous
    • 176 24 i mm^mi fi Regional Weather 20 Cf "-5 8 i E 1 >. fl 5 —r H y ,'J 1 S' i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. CJ^' Wind direction with speed m knots Wave height LEGEND K Thunderstorm Temperature c X\ i Weather Wind
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  • Page 25 Advertisements
    • 88 25 use MENCES K. mm f. KELAM6 POMHG P. GUMNG J. BMMMJ LEOSHP 9QKL 242f0SS/*****5</*****48/*****93 *****1/4 THMML 3SS3SI/2 *****2/*****3/C*****/*****3 *****3/*****5/*****1/*****0 22SKt/22UU/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE ii 11 '.["1P1P1 11 .1 FTI.BPTB»M eh en* en II -TTTTfn ALSO ACteiMS FOR: MTKV. L MR«. IK. COPOMMEN. OSLO rm. hmi, cot, uk. mote*.
      88 words
    • 87 25 WORLD "S* LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRAITS vessus KAIftMMTAN TIM OWE NT W KM CATTUTH GOIOCN IME MOW* P MIANG tt» 13/14 Ha U/17 M» Zh/Tt Mar 31 /Apr 1 Apt 11/12 Snfjpoit On Affflt fori KHan| On Aftnt NTfOd (MESS PIE ITO Nartd Trait Cantrt 1 Mjntow Square il
      87 words
    • 115 25 Scan Dutch 9 TO RED SEA-MEDITERRANEAN CASABLANCA LATTAKIA LIMASSOL VESSEL SINGAPORE JEDDAH TO HONG KONG-TAIWAN-JAPAN FEEDER VESSELf PENANG VESSEL I SINGAPORE I HONG KONG I imt/tn Maria/OSS TiyauW Mnn,lK B. Nnu/ US FROM EUROPE 1)Q-BURG 2) H BURG 3) B-HAVEN 4) R OAM N Onmu/Oti B Sn/17) iMiin IdwlK N
      115 words

  • Page 26 Advertisements
    • 320 26 CONVENTIONAL/SEMI-CONTAINER BRAVE SPIRIT MORNING GRACE GLORIA PEAK KRITI GARNET WEST AFRH ALTAI MARU 11 Mar Mombasa. Daressalaam. Tanga Nacala. Betra 15 Mar Mombasa. Daressalaam 27 Mar Port Louts, Reunion 1 Apr Mombasa. Daressalaam, Tanga. NOTE 14 Mar P. Noire. Lome. Abidjan, Tema AFRICA'S NO^ ,\iirwnnj,\ OSAKA MARU HAYAKAWA MARU S.A.
      320 words