The Business Times, 13 March 1986
1986-03-13
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The Business Times
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Title Section13 1986-03-13 1 BUSINESS TIM ES M.C. (P) No. 192/12/85 THURSDAY, MARCH 13, 198« 75 CENTS13 words
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Article547 1986-03-13 1 ANNA TEO - Transfer follows raids by Board of Film Censors By ANNA TEO AFTER RAIDS on its office and the home of its managing director last year by the Board of Film Censors, consultancy company Transforma has moved its training resources division to its Kuala Lumpur company.547 words
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Article, Illustration68 1986-03-13 1 WHEN oil prices were increased in 1973 and 1979, people spoke of a crisis. They have fallen drastically over the past few months. And people are speaking again of a crisis, though some are talking of a windfall. Turn to Page 5 for the pro's and con's68 words
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220 1986-03-13 1 IDEMITSU, Japan's second largest oil company, is providing technical support services to a new lubricants blending plant in Singapore. The lubricants plant is whol-ly-owned by Ultra Petroleum, a petroleum products trader who also supplies marine bunker to ship 6. An official220 words
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86 1986-03-13 1 FT THE CITY OF LONDON Corporation is set to overturn its proposed clampdown on office development to safeguard the city's role as one of the world's major financial centres. This follows protests from the building industry and from City-based office occupiers whoFT - 86 words
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470 1986-03-13 1 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI A SEVERE WRITEDOWN in the value of certain quoted investments plus a deterioration in its traditional property and hotel businesses sent United Overseas Land deeper into the red last year. But to maintain its "trustee" status, UOL directors have decided470 words
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499 1986-03-13 1 NAJEEB JARHOM - By NAJEEB JARHOM TROUBLED STOCKBROKERS E G Tan Company has become the fourth and latest stockbroking casualty of the Pan-Electric Industries affair. Just when rescue seemed at hand, it has joined Associated Asian Securities, Lin Securities and Lyall Evatt. EG Tan Co's fate was499 words
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Article, Illustration120 1986-03-13 1 SHARE PRICES dosed slightly lower yesterday despite the publication of the Bamiputra Malaysia Flaaace report and the hemb blasts in Sabah. Malaysian stocks were mostly weak hat Singapore blae chips sach as SIA did better thaa the geaeral market. Flaaace counters continued to be weak. Yesterday's Calls were120 words
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491 1986-03-13 1 THE GOVERNMENT'S plan to develop the corporate bond market will give depth and sophistication to Singapore's capital market. But a main problem is finding companies with a good credit rating to issue the bonds. This is the view of many merchant491 words
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Article98 1986-03-13 1 Reuter SABAH's volatile politics exploded on the streets of Kota Kinabalu yesterday when bomb attacks wounded four people as the High Court considered a writ against calling fresh elections. At least seven bombs went off in quick succession. Police said they had arrested aReuter - 98 words
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Page 1 Advertisements
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Advertisement114 1986-03-13 1 WATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Tfel: *****33 So much better at Great Itarfic 6% FIXED DEPOSITS 1 month 4 'U% 3 months —5% 6 months s'/4% 9 months 5 1 /2% 12 months 5 3 *24 months 6% Savings Accounts 6% NEW SCHEMES FOR DEPOSITORS114 words
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Advertisement260 1986-03-13 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALB LETTER CROSSWORDS TV A RADIO OUR VIEW ARCHITECTS CRITICAL OF Mr Liu Thai Ker's bid far the vice-president's post of their professional body are being too negative. A government representative need not be a watchdog. Instead, Mr Liu can promote greater understanding and260 words
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Advertisement12 1986-03-13 1 Full report, Pago 12 Int'l stocks, Pago 10 Asian stocks, Pago 1112 words
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Advertisement345 1986-03-13 1 BEHND EVERY SONY PRODUCT IS SONY Service *****11 THE ONE AND ONLY That's iNCßedible! Latest news from NCR Singapore "We take customer satisfaction personally!" This statement, from an employee of NCR Corporation in the United States, has become NCR's new international slogan. To NCR it sums up a philosophy that345 words
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HOME NEWS
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290 1986-03-13 2 SAID ABDULLAH - By SAID ABDULLAH VEGETABLE OIL production is picking up again. Last year, output went up by a fifth to 93,000 tonnes compared with 77,933 tonnes in 1964. Vegetable oil output peaked in 1982 and fell 38 per cent in 1983. The following year saw290 words
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150 1986-03-13 2 FROM next month, those Joining the civil service except people hired for the five key services will be placed on the full Central Provident Fund scheme. Like employees in the private sector, they will contribute 25 per cent of their monthly salaries150 words
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453 1986-03-13 2 FOO CHOY PENG - By FOO CHOY PENG PLANS FOR Singapore contractors to design and build a new town in a Chinese city are taking shape, but the choice of cities has narrowed to two. The proposals are likely to call for developments453 words
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250 1986-03-13 2 THE ROTARY CLUB of Singapore hopes to raise $150,000 to establish a Rotary Club of Singapore/Singapore Cultural Foundation arts scholarship. The funds will be invested by the Singapore Cultural Foundation (SCF) and the interest accrued used to send deserving students or artistes abroad for250 words
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134 1986-03-13 2 THE SINGAPORE chapter of the Electronic Data Processing Auditors Association will be the host of the EDPA *86 conference from Sep 8 to 10. The theme of the conference will be Preparing for new challenges. Mr Michael Sobol, president of the Management Information System134 words
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Article72 1986-03-13 2 A GROUP OF 25 insurance agents yesterday donated $1,800 to the Community Chest and have pledged to give $5 out of their commission for every policy sold this year which should amount to $6,000. Leader Jerry Tan said the group, from the 14-month-old Breakthrough Agency, plans72 words
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328 1986-03-13 2 MONICA GWEE - By MONICA GWEE SINGAPORE couples seem to think talk is cheap and action speaks louder if counselling figures released by the Ministry of Social Affairs (now Community Development) are anything to go by. The counselling caseload for married couples dropped by more than half328 words
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Article75 1986-03-13 2 THE TRINITY COLLEGE London practical speech examinations will be held in Singapore in September/October with an external examiner from London. The subjects offered are Speech and Drama, Effective Speaking, Spoken English as a Second Language and Licentiate Diploma for Teachers of Spoken English as a Second75 words
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497 1986-03-13 3 JEFFREY TSANG - By JEFFREY TSANG THERE WERE more cars sold than scrapped in January, reversing the trend in the last three months of 1965. But in spite of the encouraging January sales, there is no recovery in sight, said the president of the Motor Traders497 words
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224 1986-03-13 3 SINGAPORE will be losing a major rubber and plastics exhibition to Malaysia. Cahners Exposition Group, the organisers of the Rubberplas exhibition, have decided that the next show, in 1968, will be held (or the first time at the Putra World Trade Centre in224 words
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366 1986-03-13 3 DUMPING CHARGES in America against US-bound exports of heavy-walled rectangular tubings from Singapore have been dropped, but investigations on two other types of steel tubes and pipes are continuing. Meanwhile, the Australian government has slapped a 5 pa* cent duty on Australian-bound exports of366 words
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Article111 1986-03-13 3 THERE WERE 2.57 million people living in Singapore at the end of last year, 1.14 per cent more than the previous year. The breakdown in terms of race was: 1.96 million Chinese; 384,000 Malays; 165,900 Indians and 59,300 of people not belonging to the previous111 words
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Article, Illustration282 1986-03-13 3 MASSEY-FERGUSON has introduced a new, compact multicrop combine available with a range of attachments and capable of harvesting a wide variety of crops from rice and soya to wheat and grass. The multi-crop combine is designed to meet the needs of farmers who require a single, multi-purpose machine282 words
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604 1986-03-13 3 RAY HEATH - By RAY HEATH Associate Editor VENTURE CAPITAL is a bold business for bold investors. So it follows that if Singapore's small business sector is going to be fuelled by this type of funding, bold measures are needed to create an604 words
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333 1986-03-13 3 MORE THAN 660 companies from 27 countries will exhibit their products at the Singapore International Building Exposition (SIBEX '86) from March 26 to 29 at the World Trade Centre. The Cahners Exposition Group has pulled in another 210 companies in the last two months and333 words
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Article83 1986-03-13 3 THE TOURIST INDUSTRY had a good start this year with a healthy increase of 5.6 per cent in the number of visitors to Singapore in January over the previous corresponding month. This compares favourably with the 6.2 per cent increase in January last year over83 words
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132 1986-03-13 3 A THREE-DAY workshop on better purchasing of materials and services will be held from April 1 to 3 at the Hyatt Hotel. Organised by Materials Management Consultants, the "Buying Right to Sell Right" workshop will focus on buying and selling methods,132 words
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113 1986-03-13 3 A ONE-MONTH course on air conditioning systems Aurfgning will be held by the Applied Research Corporation this month. Topics for the course include future trends in air-conditioning, design calculations and energy conservation in the built environment. Participants will also be given case studies and actual design113 words
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Page 2 Advertisements
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Advertisement370 1986-03-13 2 ft m m A X nil# li c *i. J*- i (ft V ♦r M:'!" ~s, X M w 4 i u <mM 4 SdQ 4 v#> ■in w 1 ♦> w «v H {•1 it ,< S IB' r* :v t i. t 4 >,* k* ill 9+ I370 words
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Advertisement40 1986-03-13 2 W 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 call *****59 A40 words
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Page 3 Advertisements
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Advertisement16 1986-03-13 3 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS *r 1 r Simply First Class Where You Are The Maharajah.16 words
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Advertisement163 1986-03-13 3 1 < i=>»- f -—il I I Ik- uoil-.ipp.Mnlai Kii^lun <•* Exclusive. Close to Tanglin. A lowrise development on an attractive sloping site lush with foliage, and an incredibly beautiful waterfall. Only 3 minutes from Holland Village, 6 minutes from Orchard Road. Only 44 apartments, all exclusively for rent. Areas163 words
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OVERSEAS
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374 1986-03-13 4 UPI THE 12 EUROPEAN Community countries have agreed to negotiate a new international textile trade agreement in view of an eventual complete liberalisation. They called on the US on Tuesday to match European willingness to widen the import regime for textile products. The currentUPI - 374 words
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175 1986-03-13 4 AP CHINESE SCIENTISTS have Invented a computer that can "understand" spoken Chinese, a Beijing newspaper reported. Researchers at the Computer Department of Qinghua University in Beijing took more than a year to develop the computer, called the Great Wall 0520 C-H, according to the BeijingAP - 175 words
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Article, Illustration79 1986-03-13 4 INTERMEDICS INC introduced on Monday what is claimed m the world's smallest heart pacemaker at the annual convention of the American College of Cardiology. Intermedics biomedical engineers designed the elliptical-shaped Nova n, less than a quarter-inch thick and lighter than a US diver dollar, to79 words
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188 1986-03-13 4 NYT THE US space agency has decided on a major revision of its space operations by shifting to a mixed fleet of shuttles and unmanned rockets to launch earth satellites. Officials of the National Aeronautics and Space Administration (Nasa) yesterday confirmedNYT - 188 words
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328 1986-03-13 4 UPI MORE THAN a dozen senators have warned President Ronald Reagan that the US must act to reduce textile imports this year and hinted that Congress may try to override his veto of last year's textile bill. In a letter to theUPI - 328 words
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Article, Illustration374 1986-03-13 4 UPI US COMMERCE Secretary Malcolm Baldrige, urging Congress to revise anti-trust laws to make American companies more competitive abroad, has denied that there has been a "merger mania" during President Reagan's term. Baldrige appeared before a House Banking sub-committee on Tuesday in support of Reagan'sUPI - 374 words
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432 1986-03-13 4 AP THE US Commerce Department, in a preliminary ruling on Tuesday, said that Japan was "dumping" computer memory chips in the US at below fairvalue costs in violation of American trade laws. The ruling, which could have wide-ranging implications for US-Japan trade relations, cameAP - 432 words
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140 1986-03-13 4 AP THE Malaysian government presented Parliament yesterday with legislation to tighten penalties for those convicted of revealing government secrets. The proposed changes would eliminate provisions for people found guilty under the 1972 Official Secrets Act to pay fines, and anyone convicted would beAP - 140 words
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76 1986-03-13 4 AP THE OSAKA district court handed down prison terms yesterday to two men found guilty in the "brutal" slaying of an Osaka businessmen witnessed by about 40 journalists and aired nationwide in grisly television footage. The court sentenced Atsuo lida, 56, the owner of aAP - 76 words
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388 1986-03-13 4 UPI CHRYSLER chairman Lee lacocca has said that the Reagan administration is playing into the hands of foreign oil interests by "throwing our energy policy out the window". Mr lacocca acknowledged that cheaper petrol was generating higher car sales, especially in theUPI - 388 words
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Article100 1986-03-13 4 AP A WOMAN accused of writing more than US$lOO,OOO in bad cheques to pay for luxury merchandise was freed when she posted $1,800 bail allegedly by writing another rubber cheque. Suspect Jerri Emberton, 26, who has no known permanent address, was being sought by US policeAP - 100 words
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212 1986-03-13 4 UPI SWITZERLAND would "carefully study" requests to help trace any funds stashed in Swiss banks by ex-presidents Ferdinand Marcos and Jean-Claude Duvalier, government officials said. Swiss Foreign Minister Pierre Aubert told Parliament on Monday that the Philippines and Haiti have not so far askedUPI - 212 words
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Article718 1986-03-13 4 ARRIVALS Operator Scrvicc Locol From number tim« SIA SQ105 1105 KUL SIA SQ201 1145 CGK THAI TG403 1155 BKK SIA SQ19I 1155 PEN MAS MH682 1230 KCH GIA GA940 1235 MES MAS MH607 1235 KUL SIA SQ203 1300 CGK GIA GA900 1310 PKU SIA SQI 1330 SFO/HNL/HKG718 words
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Page 4 Advertisements
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Advertisement46 1986-03-13 4 o If t 5* sk. assorts 10 .I'®' i<-u M ai* #A d u*f aT^m<> n u -cof^rnP^greM *> U^urP^ M»t° nly KAMPACfff Japanese Restaurant Hotel Equatorial. Tel: *****31. 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. Tel: *****15. Managed by XtfA*/^vjurtftrria/46 words
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WORLD BACKGROUND
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Article, Illustration1391 1986-03-13 5 LOH HUI YIN; SWARAN KAPUR - In falling rapidly over the past few months, the prices of the world's single most important commodity were obeying the law of gravity what goes up must come down. But they have done so to the strong exhilaration of consumers and dismay of1,391 words
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Article, Illustration799 1986-03-13 5 HEADLINES have been proclaiming the crisis daily (or the past few months. Almost by the hour, as prices skidded on the international spot oil markets, oil producers watched with growing alarm and dismay as their black gold rapidly lost799 words
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403 1986-03-13 5 even though Singaporeans will benefit CHEAPER CRUDE oil prices have brought tangible benefits to Singapore. On Tuesday, petrol and diesel prices were cut for the second time in a month. More remarkably, the much-heralded reduction saw petrol price down to H a litre, a level not experienced by the Singapore403 words
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Page 5 Advertisements
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Advertisement60 1986-03-13 5 '."A V £CO p >H< 1 1 #> f! *r« Coflyer Quay/RaOes Pbce Anchor tenants include BNP, MITSUBISHI BANK and DRESDNER BANK Marvellous sea vtews FOR MORE INFORMATION CALL ISLAND INVESTMENT OR JONE.S LANG W(*)TTON Developer Sole Marketing Managing Agents: Island Investment Agency Jones Lang WBMm LOrpn Ltd Internatitwal Real60 words
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Advertisement165 1986-03-13 5 we put our hearts and minds into our designs, one thing leads to another- ft -j The Martela InTeam Office -it's the ideal thinking place. In 1945 when we set out to design a workstation for people to feel and perform efficiently, we put layout 1 L --1 efficiency, ergonomics165 words
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Page 5 Miscellaneous
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Miscellaneous55 1986-03-13 5 Doonesbury MR. BX-PREStPcNT-fOR" UFe, ALMOST &BVONB MAS SHOCKS? BY HOU/ QUICKLY DOUR RE&ME seeM&TOODiLAPse.. ijll! s (IC! u. VUERE YOU YOUR' HOT AT SELFSURPR/SG? An ATHOUFAST THINGS CAME UNMVBU&* IH^T BY GARRY TRUDEAU JUST LAST JULY. ME HAP A DEMOCRATIC REFERENDUM ON MY RULE. THE VOTE FOR MB MAS 4.500,00055 words
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RAW MATERIALS
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332 1986-03-13 6 Bernama THE KUALA LUMPUR Commodity Exchange (KLCE) will eventually link up with the Tokyo Commodity Exchange and Kobe Rubber Exchange to facilitate rubber trading in both Malaysia and Japan simultaneously. The Malaysian Primary Industries Minister Paul Leong said in Tokyo on Tuesday thatBernama - 332 words
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364 1986-03-13 6 Reuter THE GOLD/SILVER price ratio has in the last week exceeded 60 for the first time since 1982, emphasising the decline of silver as a precious metal, analysts said. "The fundamental situation remains bearish," traders and brokers Shearson Lehman BrothersReuter - 364 words
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Article226 1986-03-13 6 WHEAT FUTURES on Tuesday closed on or near the lows, down six to 2-1/2 US cents per bushel in light trade on the Chicago Board of Trade. May settled below the psychologically key US$3.OO level at $2.96-1/4 after posting a seven cent range. Trade-talk that exporters have covered most226 words
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199 1986-03-13 6 Reuter THE IVORY COAST, the world's biggest cocoa producer, is ready to rejoin talks on a new international cocoa agreement after walking out two weeks ago, a senior European Community official has said. EC Development Commissioner Lorenzo Natali said in a statementReuter - 199 words
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431 1986-03-13 6 FT STANDARD CHARTERED Bank has started legal action against the International Tin Council in a move which is widely expected to herald a flood of lawsuits against the council in the international tin crisis. The bank is also considering suing all 22-member governments of theFT - 431 words
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145 1986-03-13 6 Reuter THE BRITISH government would consider making grants to projects aimed at making British tin mines more competitive following the collapse of efforts to solve the tin market crisis. Prime Minister Margaret Thatcher said in a reply to parliamentary questions on Tuesday that theReuter - 145 words
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Article232 1986-03-13 6 SOYBEAN FUTURES on Tuesday closed quietly mixed, ranging from down 2-1/4 US cents per bushel in march to up 2-1/2 in new crop on the Chicago Board of Trade. May settled at U555.34-3/4, apparently trapped in the middle of a 15.31 to $5.40 trading range. Locals bought new crop232 words
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Article207 1986-03-13 6 MALAYSIAN crude palm oil prices yesterday extended their gains at the close on further covering interest after firming gradually over the last two days, with reports of Pakistan's RBD palm oil purchase aiding sentiment. The rise was more a technical correction to an oversold market which had seen207 words
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Article891 1986-03-13 6 COFFEE A FIRMER New York market on Tuesday afternoon underpinned London's morning gains as operators ignored stronger sterling against the dollar to leave gains from Monday night of £70 to £39 a tonne at the end of another thinly-trad-ed day, dealers said. There is now a good band891 words
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Article168 1986-03-13 6 THE PRICE of tla on the Kuala Lumpur tin market fell another 39 cents to M 517.41 per Idle, dealers said. The prlee, which compares with $29 M en March 5, reflected another fall in spot prices on the London tree market on news of legal action against168 words
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Article66 1986-03-13 6 Bangkok (USS/tonn*. FOB) White Rice 100% 1st class 260 100% 2nd doss 235 100% 3rd doss 230 5% 220 10% 215 15% 210 20% 200 25% 190 35% 185 Broken Rice A-l Super 130 A-1 Special 127 C-1 Special unq C-l Ord unq Loonzoin Rice 100% 1st grade unq66 words
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Article151 1986-03-13 6 Chinese Produce Exchange Sellers' noon closing prices on Mor 12 (SS/100 kg) Coconut oil Bulk FOB 80 00 Old drum FOB 6300 New drum FOB 67 00 Copro Mixed (loose) 28 buyers Pepper Muntok White FOB NLW 1390 00 Sarawak White FOB taq NLW 1380 00 Sarawak special151 words
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Article309 1986-03-13 6 RAS prices in S cents/kg, FOB in b ales NOON CLOSE Buyers 5ellen Buyers S#ltofs Int 1 RSS Prompt 165 00 166 00N 164 50 165 SON Int 1 RSS Apf 86 165 00 166 00 164.50 165 00 hit 1 RSS May 86 170 00 170309 words
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Article104 1986-03-13 6 (cents/kg, 1-ton p <, en> APRIL 86 MAY 86 (current month) (forward month) NOON NOON RAS Bwy«r* SSR 20 172 00 174 OON 173 00 175 OON SSR 50 168 00 170 00N 169 00 171 OON MRELB luytri Sellers Buyers Sdlcn SMR CV 232 50 234104 words
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Article325 1986-03-13 6 SINGAPORE THE MARKET yesterday closed higher with April One RSS buyers quoted at 164.50 cents per kilo, up two cents from Tuesday. The morning session gained 2.50 cents on shortcovering of nearby and forward positions in moderate trading. Prices were little changed in thin afternoon trading due to lack325 words
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Page 6 Advertisements
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Advertisement159 1986-03-13 6 W; I April 22-26,1986 £7 I Exhibition Hall .J Taipei World Trade Center TAIPEI INTERNATIONAL SPORTING GOODS SHOW '86 Taiwan, the world's number one exporter of sporting goods, will be displaying its latest products at the newly built exhibition hall of the Taipei World Trade Center. The 340 exhibitors at159 words
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Advertisement5 1986-03-13 6 MADRAS on AIR-INDIA'S EXECUTIVE CLASS5 words
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BANKING AND FINANCE
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Article1026 1986-03-13 7 SINGAPORE STERLING yesterday sharply higher in active trading while the US dollar ended mixed against most currencies. It rose to a late U551.4805/15 compared with an early 1.4655/65 and New York's 1.4620/30 close on short-covering after the pound was oversold early this week on fears of further oil1,026 words
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Article235 1986-03-13 7 Interbank rates at 3pm yesterday: ClIfTWIClM Nominal rates 8m Bid Offor en ittheonten >aa parity change Locol dollar* to on* unit of foreign currency. US dollar Sterling pound Austrafcon dollar NZ dollar Canadian dollar 2 1590 3.1802 1.5199 1.1410 1 5449 2 1600 3.1838 1 5228 1.1448 1235 words
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Article, Illustration337 1986-03-13 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Short-dates firmed between 1/4 and 3/8 point at the outset on bidding and shortcovering interest following a high US Federal funds rate. Thereafter rates remained unchanged with overnight closing at 7-15/16 7-13/16 per cent337 words
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Article71 1986-03-13 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 3/16 point from Tuesday to close at 4-15/16 per cent yesterday. The one-month term rate rose by 1/16 point while the two and threemonth term rates remained unchanged. S$ Interbank rates at 7pm yesterday: Offer l«l Overrxqhl71 words
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Article398 1986-03-13 7 BA Futures EURODOLLAR futures yesterday opened on a firm note in response to post futures cash gains in the bond market. After opening 3 ticks higher than IMM's close, the June contract headed upward to the day's high of 92.81 before profit-taking and an attempt to close the interexchangeBA Futures - 398 words
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Article259 1986-03-13 7 HONGKONG: GOLD yesterday closed higher on late local shortcovering following a surge In sterling. The pound rose to U551.4755/65 in Asia from New York's final L 4620/30. Gold traders linked the rise to improved sentiment ahead of the Opec meeting in Geneva scheduled for the weekend. On the local259 words
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534 1986-03-13 7 Reuter MANY OF the factors that have fuelled the steady climb in currency futures are intact, but a note of caution has crept into analysts' forecasts of further gains. "I have stopped being a contrarian for a long time," says Prudential-Bache analyst Jill Cotter. "ButReuter - 534 words
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205 1986-03-13 7 AFP TANZANIAN Finance Minister Cleopa Msuya has called on African governments to form an African monetary fund because of the failure of the International Monetary Fund (IMF) to solve the continent's economic problems. Speaking at the opening of a week-long seminar of African central bankersAFP - 205 words
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391 1986-03-13 7 FT CENTRAL BANKS of leading industrial nations are soon to issue a new warning on the risk inherent in financial market innovation. The warning comes In a report prepared by the specialist Cooke Committee of central bankers meeting at theFT - 391 words
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178 1986-03-13 7 Reuter JAPAN will provide Mexico with about 10 per cent of the US$6 billion in new loans it is seeking this year. A spokesman for the ExportImport Bank of Japan says Mexico is requesting the new aid from the International MonetaryReuter - 178 words
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93 1986-03-13 7 Reuter BANK INDONESIA, the central bank, has taken over the management of the private bank Angkasa Putra to protect its depositors from mismanagement. A central bank spokesman said yesterday that a management team had been named to take an inventory of the bank's operations. AngkasaReuter - 93 words
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Page 7 Advertisements
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Advertisement43 1986-03-13 7 NADAMANI Vi'T Where East meets West. For the very best in Japanese and Continental dining where else but the Shangri-La. I RESTAURANT Latour For reservations, ring Esther on *****05 or *****44 ext. 1954. Ample FREE parking. Shangri-La hotel SINGAPORE A SHANGRI-LA INTERNATIONAL HOTEL43 words
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FEATURES
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Article522 1986-03-13 8 MUTTERINGS by some architects about a government official seeking an active role in their professional body seem unnecessary. If they do not want Mr Liu Thai Ker, the chief executive of the Housing and Development Board, as vice-pres-ident of the Singapore Institute of Architects, the522 words
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Article1519 1986-03-13 8 BRIAN GOMEZ - Academics and industry leaders look into crystal ball Bankers from the region met in Singapore recently to crystal-gaze into the 21st Century. Industrial Correspondent BRIAN GOMEZ sums up the key issues discussed at the seminar sponsored by the Asian Development Bank and the Asian Pacific Bankers1,519 words
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708 1986-03-13 8 NATIONAL and regional bankers have a prime role in firing the engines of growth, but decision-mak-ing is weighed down by the vagaries of debt-ridden nations and corporations. The evaluative task of bank loan officers is further complicated by conflicting prognosis about the708 words
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Article145 1986-03-13 8 Kwek Leng Beng - Letter to the Editor Kwek Leng Beng General Manager, Hong Leoag Finance Ltd Dear Sir, We refer to the article "Hong Leong Finance to go ahead with condominium project in Bukit Timah" in BT on March 4. Your newswriter's speculation of Hong Leong Finance embarking on145 words
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Page 8 Advertisements
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Advertisement299 1986-03-13 8 IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every business299 words
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Page 8 Miscellaneous
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Miscellaneous696 1986-03-13 8 imwehdob CRYPTIC PUZZLE ACROSS I Cigarettes might cost you one (6) 7 A consuming interest (8) 8 Where there's trouble when many get sick (4) 10 Still a wild Slav, even when not OK? (6) 1 1 A bowler may appeal to him (6) 14 Back-room boy (3) 16 Deha696 words
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SPORTS
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Article, Illustration621 1986-03-13 9 WALTON MORAIS - U*****,000 Singapore tournament begins today By WALTON MORAIS IN TERMS OF PEDIGREE, Terry Gale, lan Baker-Finch and The Chen Gang spring to mind as the most likely to dominate the U*****,000 Singapore Open which begins today at the Bukit course. Gale is one of the621 words
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308 1986-03-13 9 THE BUKIT COURSE record came under siege but survived to live another day in the Singapore Open Pro-Am yesterday. Jim Hallett, a 24-year-old American playing on the Asian circuit for the first time, carded a six-under-par 65 to collect308 words
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954 1986-03-13 9 DAVID DODWELL - Hongkong's popular horse racing scene is plodding through a heavy course. A commission of inquiry has led to 22 arrests, suspension of jockeys and a trainer, dismissal of officials and disruption of the racing calendar. DAVID DODWELL describes efforts to bridle corruption. DAVIDFT - 954 words
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Article285 1986-03-13 9 AP WEST GERMAN Davis Cup players claim that they felt threatened by the spectators in the last singles match of the qualifying round played on Sunday in Mexico. In a report on Tuesday from the Hamburg-based Bild newspaper headlined: "Mexico's shame tennis-stars quake (with fear) forAP - 285 words
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263 1986-03-13 9 AFP TEN of England's leading badminton players have demanded the sacking of manager Jake Downey just weeks before the European Championships and world team competitions for the Thomas and Über cups. They have written to Graham Axford, chairman of the Badminton Association ofAFP - 263 words
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Article790 1986-03-13 9 DAVE ANDERSON - By DAVE ANDERSON NYT THE OBSESSION of history has hypnotised "Marvellous" Marvin Hagler, just as it hypnotised Larry Holmes when the former heavyweight champion was hoping to tie Rocky Marciano's 49-0 record. Now the undisputed world middleweight champion wants to surpass Carlos Monzon's achievement of 14 successfulNYT - 790 words
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152 1986-03-13 9 Reuter INTERNATIONAL Tennis Federation (ITF) hopes are high, that professionals like John: McEnroe will be able to com-< pete at the 1968 Seoul Olympics;; ITF president Philippe trier said in his latest newsletter.; that he was "pleased and excited" by last month's recommendation byReuter - 152 words
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Page 9 Advertisements
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Advertisement1205 1986-03-13 9 TO (MD mm THURSDAY FEATURE SPECIAL In Like Flynn 10J0 pm, Channel 5 English actress Jenny Seagrove (left) plays a young researcher who is assigned to her publishing house's most successful writer, Darryl F Raymond, who pens successful detective novels under the name of Jason Flynn. But what the publisher1,205 words
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Advertisement150 1986-03-13 9 OFFICIAL NOTICE Proposal to change a ship's name We, Wallem Shipping (S) Pte Ltd of 16 Raffles Quay #35-01, Hong Leong Building, Singapore 0104 hereby give notice that in consequence of the purchase by our principals of the ship mentioned below, have applied to the registrar of Singapore ships, under150 words
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INTERNATIONAL STOCKS
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227 1986-03-13 10 AP A US JUDGE has barred machinists from continuing a sympathy walkout in support of flight attendants striking against TWA. About 5,700 flight attendants went on a strike last Friday in a dispute over wage concessions and a productivity increase sought by the airline.AP - 227 words
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191 1986-03-13 10 Reuter VOLKSWAGEN AG is likely to raise its 1965 dividend from the five marks paid over 1984 results. A company spokesman said this yesterday in response to queries on a press report which said VW planned to raise the dividend for 1965 after worldReuter - 191 words
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Article58 1986-03-13 10 Reuter ARGYLL Group PLC said it and its associates now own 49.11 million Distillers Co PLC shares, or 13.52 per cent, after further purchases. On Tuesday, Argyll's associates bought 100,000 shares of Distillers at 625p each. Argyll's bid for Distillers has been rejected by Distillers in favourReuter - 58 words
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321 1986-03-13 10 Reuter STOCK PRICES smashed through old highs and soared to a record close on Tuesday, ending the sheepishness that took hold in early March. The Dow Jones Industrial Average advanced 43.10 points in its second biggest one-day gain ever, ending at aReuter - 321 words
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Article128 1986-03-13 10 MAR 11 C$ Hud Boy Mm 7% Imp Ori 46* 1* Inco 21* 26 38* Akan 47* hit un 22 18 Katr Add 14* Argoan HkJg* Lobtow B 27* unch Bank Mont 30* 1* Mauty Ferg 3* IXKtl Bank Nova Scotia 13* Mc Bkxtet 29* 39* Mohon A 25*128 words
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Article204 1986-03-13 10 toad UhMC Wootworth ***** MOUSTKULS MININGS A Afcho 1220 unch -35 235 unch ***** AE And a 1035 unch 5 unch BNyoors 1450B -50 4-5 AZ5T° p 4250 955 1505 -10 ***** 25 C G Snath 3050 50 910 -20 CNA 235 unch 1955 30 Cuma Finance 510 -10204 words
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Article637 1986-03-13 10 MAI 11 us$ Ale on Alunwi Alcoa Atetany Lud Alwd Owm Cp AM StOTM AJh-Choknan Am Brandt kr>c Am Broadcast Am Can Co Am Cyonorrnd Am Etoc Pwr Am Express Am Ham* Prod Am Motor* Cp Am Natiral Gas Am Tel Tat Amox tnc Amerada Hess AAAt kK637 words
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Article865 1986-03-13 10 Amsterdam MAK 11 Fh ABN 587 50 -I 5 106.00 +0.3 Ahold 7590 +03 169 70 -0.6 AMEV 77 40 -1.5 Airro Bark ***** 06 BarkaJ 36.20 -2.1 BoK Boriurrn 689 00-4 Botkafe ***** +1 Caland 512.00 +7 Dal M, Ebavwr 177 00 -2.5 Fgh 3820 -2.2 Fokkar865 words
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Page 10 Advertisements
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Advertisement612 1986-03-13 10 H R* m m v, at 33 It could only happen at Hotel Miramar... ...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 brands) served daily from 4pm to 7.30pm. Delicious612 words
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Advertisement194 1986-03-13 10 London stocks Pago 13 FENG CHENG LOU TEOCHEW SEATOODRESraURATfT 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 for dinner194 words
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ASIAN STOCKS
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Article407 1986-03-13 11 HONGKONG: Share prices closed sharply lower yesterday on heavy selling reflecting disappointment at Hongkongßank's 1965 profit, announced on Tuesday. The Hang Seng Index fell 48.76 to 1,590.39, its worst one-day fall since Nov 22 when it fell 49.69. The index closed at its lowest level since Oct 11 when407 words
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Article239 1986-03-13 11 MAI 12 Al Smear* Indus Asm Cement WT 2.94 26 20 32 70 -Oil inch -02 Lien Hwa Indus Nan Y a Plas Poctfic Cons Pocrfic Elect Wire 1400 36 50 24 00 1500 005 +06 0.1 +0 1 Chang Hwa Bank SO 50 inch 0 1 -0 1239 words
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Article357 1986-03-13 11 TOKYO: Prices surged across the board in hectic trading yesterday, driving the market average up 171.91 to close at a record 14,238.13, surpassing the previous record of 14,087.32 set the previous day. Turnover was 1,050 million shares, the highest this year, against Tuesday's 680 million, when the market gained357 words
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Article72 1986-03-13 11 MAC 12 Pmo» Moreted Ohentol B PMex B I 0 012 0 1950 0001 0005 Pic 09 B PLOT 67 -05 Artos Coo 6 13 -4 Podco B Pogei Banc Petroleum 0 0028 -0 0002 100 +1 San Miguel B 40 0006 unch -0 06 Benguet Con. B Sime72 words
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Article347 1986-03-13 11 SYDNEY: Australian share markets closed at record levels yesterday with a strong industrial sector buoyed by overseas interest and signs of easing interest rates leading the market up. At the close of trading, the All Ordinaries Index had gained 13.8 points to a record close of 1076.9, the All347 words
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Article119 1986-03-13 11 BANGKOK: The Securities Exchange of Thailand Index yesterday shed 0.30 to 134.63. Turnover amounted to 147,854 shares valued at 20.6 million baht. MAX 12 Aokham Thai Asia Fix* ■aim 107 4 S«sn Cement Starr Citizen Stam City 471 65 50 448 inch 0 5 -10 Ayufhoyo Inw And Tost119 words
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Article69 1986-03-13 11 MAR 12 Bonk SmU Won 625 5 Hyundai Const Hyundai Motor KAL 1200 2240 880 -18 -100 Chohatng Bk 600 658 unch Korea Fr»t 665 2020 +5 •100 611 •50 Kormo Shto 340 -18 875 -50 Lucky Ltd 855 -50 >095 •55 903 -7 571 -49 1870 -70 GoldStar69 words
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Article64 1986-03-13 11 AFP BARCLAYS TRUST of Britain and Manufacturers Hanover Trust Ltd of the US have been licensed to do trust business in Japan. The Tokyo Finance Ministry said yesterday that it had already licensed seven foreign companies to do so. There will be nine altogether. TheseAFP - 64 words
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363 1986-03-13 11 Response to US rival's expansion to Asia UPI JAPAN AIR LINES, faced with formidable competition in the Pacific from rival carrier United Airlines, is taking aggressive countermeasures aimed at the US market. A JAL spokesman said in Tokyo yesterday the airlineUPI - 363 words
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189 1986-03-13 11 Reuter INDUSTRIAL EQUITY Ltd (lEL) has failed in a bid to have the Privy Council in London determine the fate of 23.77 million North Broken Hill Holdings shares, which Victoria's Supreme Court had ordered to be vested in the National Companies and SecuritiesReuter - 189 words
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Article50 1986-03-13 11 AFP YAMAHA MOTOR Co is to provide motorcycle production technology to the Soviet Union. The Nihon Keizai Shimbun said yesterday that the knockdown production of 250-300-cc-class motorcycles will start this summer. The Moscow plant would be remodelled with technology and knowhow extended by Yamaha-affili-ated parts makers. AFPAFP - 50 words
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Page 11 Advertisements
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Advertisement489 1986-03-13 11 )r.P For a Beranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only Ssl4.oo++ per person. The Luna Coffee House, Apollo Singapore. We've a variety of delights489 words
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Advertisement124 1986-03-13 11 y -s, .5 V Introducing our new ad dishes to tempt your palate: AYAM PANGGANG KASTURI. AYAM PUDiNA ASMARA. DAGING BERINAI. IKAN LADA LADA. SAMBAL IKAN BIUS KACANG. We also cater for aH occasions indoor or outdoor. Aziza't Restaurant mS/H 36.Emerald Hill Rd., Spore Tel: *****30/*****20 for reservations road directions.124 words
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SHARE INFORMATION
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Article, Illustration4172 1986-03-13 12 NEWS of the Sabah bomb blasts had little effect on the Singapore stock market yesterday, much to the relief of market watchers. The market only eased slightly. As many as 13 bomb explosions were reported to have occurred in Sabah. When the market opened,4,172 words
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Article227 1986-03-13 12 SINGAPORE Rises S 1 A 655 JC-MFH Loon 72 Hum M 190 Dwotop lad 50« 54V. Falls Woad 280 M CaMat 330 Own Tack ISO M leiAia) 396 HK Tai Corp 50c 90 Sltoll 284 1 C 8 360 tmWaco HUgt 70 Kaatadir 183 (on Eloct 175227 words
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Article2874 1986-03-13 12 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 566) Akom (0 444 8 0 455) (I) 0 44V* Amol Steel 50« (0 648) (18) 0 66 (12) 0 66 (10) 0 65 (10) 0 64Mi B A T 22c (1 558 1 565) (14) 1 57 (7)2,874 words
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Article114 1986-03-13 12 HONGKONG Hong Seng Index Wednesday 1590 39 Tuesday '684 5 Week ago 1670 7 Tuesday 1639 15 NEW YORK Week 090 1664.33 Dow Jones Tuesday TOKYO Monday 1702 95 Week ago 1686 42 Nikkei Average Wednesdoy ***** 13* Tuesday ***** 22 Week ago ***** 46 Standard Poors Tuesday114 words
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Article273 1986-03-13 12 Monogcrs' priccs for March 13 MARA-Bumiputrs Frit B'putro 4 25 4 30 Singapore Unit Trust Second B'putro Third B'putro 402 325 4 07 330 The Commerce 0 8! 0 06 Fourth B'putro 3 51 356 The Savings Fond 0 66 070 Fifth B'putro 221 2 26 S pofe273 words
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COMPANY NEWS
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484 1986-03-13 13 RAMEBH CHANDIRAMANI - By RAMEBH CHANDIRAMANI OVERSEAS Union Bank is taking steps to gear up its unit trust operations to tap and manage investment funds under the proposed Central Provident Fund share investment scheme. The bank-managed Union Singapore Fund is seeking unitholders' approval to484 words
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480 1986-03-13 13 AMY CHEOK - By AMY CHEOK NON-RESIDENTS of Taiwan can now invest in a managed portfolio of securities listed on the Taiwan stock exchange. The Taipei Fund has been set up to allow non-residents of Taiwan to invest US dollars in stocks of corporations listed480 words
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571 1986-03-13 13 SHARE PRICES succumbed to heavy selling pressure and closed lower across the board on the Kuala Lumpur stock market yesterday. News of bombings in Kota Kinabalu filtered into the market in the morning and sellers moved in, selling heavily after the midmorning571 words
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501 1986-03-13 13 CHAN OI CHEE - By CHAN OI CHEE IN A RARE MOVE, four-digit lottery operator Magnum Corporation Bhd has requested a temporary suspension in the trading of its shares from March 31, because it has discovered forged scrip in circulation and has decided on a complete new501 words
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Article74 1986-03-13 13 ABAB-MALAY8IAN Development Bhd has signed a memorandum of understanding with ETM Sdn Bhd, Kumpulan AKZ Sdn Bhd and British Telecommunications PLC of London to form a joint venture company. LION Cerpsnttoa Bhd has obtained approval from the Malaysian Ministry of Trade and Industry for the transfer of the74 words
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Article, Illustration334 1986-03-13 13 THE SULTAN OF BRUNEI has quashed market talk that he is making an offer for Supreme Corporation Bhd, a property-cum-finance group controlled by Malaysian businessman and politician Tan Koon Swan. An authorised statement released in Singapore yesterday said: "His Majesty has made334 words
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210 1986-03-13 13 AFTER a sharp drop in profits last year. Construction and Supplies House (CASH) is now looking into possible areas for diversification and growth. The chairman of CASH, Datuk Syed Hassan Nazari, admitted that this will be another difficult year and as circumstances are210 words
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Article2595 1986-03-13 13 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS Ajinomoto (3.205) AMD (3 90S) Alcorn (0 518 0.525)2,595 words
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Article91 1986-03-13 13 THE WILKIN80N Prwca Bakber Cmpaajr BerhM: 54th AGM at No 70, Jalan Am pang, Kuala Lumpur on March 26 at 2.30pm. GOODWOOD PARK H»tel Limited: 38th AGM in the Windsor Room, Goodwood Park Hotel, Scotts Road, Singapore on Thursday, March 27, at 11.45am. HOTEL MALAYSIA Limited: 23rd AGM91 words
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100 1986-03-13 13 SUNSHINE AUSTRALIA Ltd said it held only 42.02 per cent of the BLIB million issued shares in multinational fire protection and security group, Wormald International Ltd, when its takeover offer closed yesterday. Controlled by Malaysian businessman Mr Lee Ming Tee, Sunshine later announced that it had100 words
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Article804 1986-03-13 13 INDUSTRIALS Mot 11 ASe*Lyons Am. Dantt BTR PLC Babcockt BCC BkjaCrda BOC Group Boon BATS...... BP B Talacom PP... Brown (J) BSR M. Bmnah Cable wv« Cod-Schwp Corn-Union Court* Do La Rue DMfcn Gan Acc GEC Qlaxo Grand Mot Gumm (A) Guar<fcan GKN Howker Sid •a Inchcape >ohnson,804 words
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Page 13 Advertisements
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Advertisement159 1986-03-13 13 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Bian Yew Shipping Pte Ltd hereby give notice that in consequence of the intended purchase of a motor tanker "Saruran" from Navlera Metro S.De R.L. We have applied to the Registrar of Singapore Ships, under Section 417 of The Merchant Shipping159 words
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318 1986-03-13 14 LUCY NG - By LUCY NG FOUR PARTNERS from international accounting company Touche Ross St Co are facing legal action from former associate David Tong. He is disputing the amount Touche Ross feels is due to him as a former partner. Mr Tong was previously a partner318 words
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449 1986-03-13 14 BOEY KIT YIN - By BOEY KIT YIN A MAJOR CONTRACT to build disk drives for West German multinational BASF was the start of a string of new orders which has kept local manufacturer Sino-Technic busy with expansion plans. Sino-Technic Pte Ltd, an electronics producer of printed449 words
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489 1986-03-13 14 Bernama AN UNFINISHED LETTER from Jalil Ibrahim to his wife clearly showed how disgusted the banker was with his employers, Bumiputra Malaysia Finance, shortly before he was murdered in Hongkong at the height of the M 52.5 billion BMF loans scandal in 1963. JalilBernama - 489 words
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Article273 1986-03-13 14 NST Bernama MALAYSIAN Attorney-General Tan Sri Abu Talib Othman said yesterday that he would not hesitate to institute criminal proceedings against anyone involved in the Bumiputra Malaysia Finance loans scandal if he had sufficient evidence. The investigating agencies were having a difficult time because theNST; Bernama - 273 words
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113 1986-03-13 14 Bernama MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday expressed satisfaction with the response of hoteliers to his call to reduce room rates. Speaking at the official opening of the Pan Pacific Hotel in Kuala Lumpur, he said the rates had been cut by 40Bernama - 113 words
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Article, Illustration160 1986-03-13 14 Reuter UPI PRESIDENT Corazon Aquino yesterday Croze all assets and properties in the Philippines of Mr Marcos, his family and associates and called for similar moves by foreign governments. The directive, contained in an executive order, was issued as a two-man team from a commission investigatingReuter; UPI - 160 words
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Article315 1986-03-13 14 TENANTS of Jalan Sultan Centre have petitioned their landlord, the Urban Redevelopment Authority, to lower their rents to help them over the bad times. In a two-page letter with 65 signatures, the tenants are asking for rents to be cut to $12.91 per square315 words
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Article392 1986-03-13 14 RICHARD SEAH - By RICHARD SEAH MORE THAN 2,000 people have pledged to go without food (or 30 hours this weekend to raise money for famine victims in Africa. World Vision International, a Christian humanitarian organisation known for its relief work in Africa, is so far pleased392 words
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141 1986-03-13 14 AFP TWO FORMER Carrian secretaries told the Hongkong High Court yesterday that they were made directors in a two-dollar shelf company, Multivictory, allegedly controlled by George Tan, former Carrian chief. Helen da Roza and Catherine Fan, in the first day for evidence, said they had JoinedAFP - 141 words
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311 1986-03-13 14 DR GOH KENG SWEE is expected to leave for Cairo on Saturday to assess Egypt's open-door policy. He will be there until April 3. During his stay, Dr Goh will meet President Mubarak and the newly-appointed Prime Minister Dr All Lotfi,311 words
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Article62 1986-03-13 14 Reuter WALL STREET stocks moved higher yesterday in active trading building on the strong gains of the previous session. The Dow index of 30 stocks was up 10 points to 1756 in early trading. Advances led declines by a two-one margin on turnover of 29 million shares.Reuter - 62 words
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LATE FILE
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Article39 1986-03-13 14 AFP LIBYAN leader Muammer Gaddafi yesterday ordered for the Abu Nidal terrorist group 100 special Austrianmade pistols Glock 17 which cannot be detected by airport X-ray machines, said the Die Welt newspaper in Bonn. AFPAFP - 39 words
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Article48 1986-03-13 14 AP LARGE-SCALE robbing of ancient Chinese tombs has resulted in a flooding of the black market for cultural relics in Hongkong and New York. The Guangming Daily in China said yesterday that the widespread looting had resulted in an exodus of precious cultural relics. APAP - 48 words
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Article43 1986-03-13 14 AP PRICES in France fell 0.2 per cent in February, the first negative inflation figure recorded for 20 years. The National Statistics Institute said yesterday that February's fall followed a 0.1 per cent rise in January. APAP - 43 words
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Article37 1986-03-13 14 AP THE European Parliament has decided to hold an emergency debate today on the looming European Community budget crisis, triggered largely by the fall in the value of the US dollar. APAP - 37 words
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Article53 1986-03-13 14 UPI THE US, in a switch of policy, yesterday called for international condemnation of Chile because of continuing human rights violations including killings and torture. The US delegate to the UN Commission on Human Rights said the demand was made because Chile had not responded toUPI - 53 words
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Article32 1986-03-13 14 UPI HUNDREDS of police stormed Seoul University campus yesterday and fired tear gas to disperse about 300 students protesting against the government of President Chun Doo Hwan. UPIUPI - 32 words
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Article40 1986-03-13 14 AFP CHINA yesterday signed letters of intent with two French companies which are to play a major role in part of the country's Daya Bay nuclear plant. The companies are Framatome and Electricite de France.AFP - 40 words
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Page 14 Advertisements
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Advertisement40 1986-03-13 14 MX'BE. rciONEV IDEAS 'BE. an exhibition by financial institutions for investors and entrepreneurs, for people seeking investments or finance. THE MANDARIN SINGAPORE sept 25 28 1986 TRADE FAIRS EXHIBITIONS PTE LTD p o box 2303 Singapore 9043 tel 28 *****40 words
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Advertisement53 1986-03-13 14 Why run around when you can find everything at Keck Seng Ibwer? CECIL STREET Good location Distinguished tenants Convenient in-house dining wining outlets Modern design Immediate occupation Professional maintenance 24-hr security OndGß Wvfe i Y Attractive rental and flexible lease terms Generous parking lots Free tenants parking MrsVteo Keck Seng53 words
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Page 14 Miscellaneous
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Miscellaneous52 1986-03-13 14 Outlook for today: Portly cloudy with showers over several oreas Report for 24 hours prior to 7.30pm on Mar 12 at the oirport: Maximum temperature 31.2 Associated humidity 67 Minimum temperature 24.5 Associated humidity 100 Hours of sunshine 8.45 Roinfall in millimetres 0.9 Rainfall this month 232.3 Rainy days this52 words
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SHIPPING TIMES
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Article, Illustration356 1986-03-13 15 JUNE LIM - By JUNE LIM THERE WAS LITTLE room to r~e when the Nanny, one of largest supertankers in the world, slipped into the biggest dry dock at Sembawang Shipyard last Tuesday. The Premier Dock, the only dock in Singapore which can accommodate the 409,400-dwt ultra large crude356 words
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281 1986-03-13 15 Seatrade Week FURTHER restructuring is taking place in Stockholm among the group of companies that has emerged from the wreckage of Saleninvest. Transatlantic Ship Management is acquiring 40 per cent in Nordia Shipping, the ship management concern, thereby replacing reefer operator Cool Carriers,Seatrade Week - 281 words
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PORTSIDES
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Article114 1986-03-13 15 Reuter BRITISH SEAMEN have called a 24-hour strike in all of their country's ports today to protest against government plans to close a seamen's hospital, the National Union of Seamen (NUS) said. A NUS spokesman said the action would affect all coastal and deep seaReuter - 114 words
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Article58 1986-03-13 15 Reuter CHINA DISMANTLED a total of 268 ships over the past three years, recovering a total of 1.9 million tonnes of rolled steel and scrap, the New China News Agency said. The agency gave no annual figures but said that the total weight of dismantled shipsReuter - 58 words
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Article35 1986-03-13 15 Reuter THE JAPAN/Europe Freight Conference will introduce a 5 per cent congestion surcharge at the port of Skikda from March 26, but will remove its 5 per cent congestion surcharge at Algiers. ReuterReuter - 35 words
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Article62 1986-03-13 15 Reuter THE AUSTRALIA and New Zealand Eastern Shipping Conference will further cut bunker surcharges following a reduction which went into effect on Monday. The charge on shipments from Hongkong to Australia will be reduced to US$B.76 per revenue tonne from $10 and that to New Zealand to $18.68Reuter - 62 words
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Article1161 1986-03-13 16 QUIET and rather featureless chartering is reported throughout the freight market on Tuesday with fresh fixing very slow to develop on the US Gulf to Continent and Japan routes, shipbrokers said. A vessel was said to have been chartered for 51,000 tons of grain from the Gulf to1,161 words
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536 1986-03-13 16 Reuter ON A WORLD MAP, the East African state of Djibouti is a dot sandwiched between two giants, Ethiopia and Somalia, and the sea. Located at a confluence of Arabic and African cultures, at the juncture of the Red Sea and Indian Ocean, andReuter - 536 words
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113 1986-03-13 16 Fairplay AMERICAN CONTAINER and chassis lessor, Transamerica ICS, has signed an agreement to manage a fleet of up to 16,000 containers to be acquired by the New Zealand Meat Producers Board. The units are being deliv-. ered in a multi-million dollar containers (or meat counter-Fairplay - 113 words
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314 1986-03-13 16 Seatrade Week BIDS TO carry US military cargo for the next six months have risen on the North Atlantic route. But there were fewer bids on shipments to destinations in the Far East, said the Military Sealift Command.Seatrade Week - 314 words
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Article830 1986-03-13 16 AFP STEADIER conditions on the freight market over the past week lifted shipowners' hopes that the protracted slide in rates had finally been arrested. The Baltic Exchange International Freight Index (Biffex) registered its first increase for two months, reflecting firmer rates on the key US North Pacific toAFP - 830 words
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Article629 1986-03-13 16 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL HI 1 Baft-Canada Line VI 4/5 Bolt-Orient Line VII 4/5 Bonk Line V 5 BBS 1 4/5 Ben Line Cont629 words
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Article176 1986-03-13 17 AFP THE BOND CORPORATION of millionaire businessman Alan Bond on Tuesday defended the selection of a Japanese firm to build a luxury spectator boat for the America's Cup starting later this year. The corporation said the decision had been made because of the short time factorAFP - 176 words
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297 1986-03-13 17 SATELLITE TELEVISION will soon be made available to ships via the Inmarsat satellite communications system This follows the approval of the Inmarsat council, representing the major participants in the 45-coun-try international co-operative, at its meeting in London last week. It will initially297 words
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Article113 1986-03-13 17 A DIFFICULT year ahead for dry bulk cargo operators was predicted with some hope of a revival after that. The annual meeting of the International Association of Dry Cargo Shipowners (Intercargo) heard that the newbuilding boom was over for handy-sized tonnage at least, although the113 words
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435 1986-03-13 17 A BREAKTHROUGH has been made in the transportation of fruits from areas where harmful fruit flies exist using the cold treatment. After picking, the fruit is precooled to treatment temperature and then loaded onto a container which has been equipped with435 words
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198 1986-03-13 17 Fairplay LARGE SCALE scrapping of old and obsolete tonnage has reduced the Indian merchant fleet for the first time in 15 years. Although 19 vessels of 413,000 grt were added, 71 vessels of 611,000 grt were scrapped last year. The fleetFairplay - 198 words
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Article314 1986-03-13 17 AUSTRALIA Feb 24 Sydney 2 container ships operating, 1 waiting and two buikers operating, 4 waiting. Melbourne Normal operation. BANGLADESH Feb 24 Chalna 6 buikers operating. Chittagong 3 container ships, 1 tanker and 15 buikers operating. BRAZIL Feb 24 Santos Normal operation. CANADA Feb 24 Vancouver Waiting time314 words
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205 1986-03-13 17 BROSTROMS plans to send the first convoy of ice strengthened bulk carriers, product carriers and roll-on/roll-off vessels to serve oil rigs located in the Canadian Beaufort Sea. The convoy will be led by Brostroms's bulk carrier, the 31,400-dwt Thulelaod. The vessel205 words
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Article522 1986-03-13 18 March 11 Harland Wolff Burmeister Wain marine diesel engines and the influence of C C Pounder on the development of the marine two-stroke engine, 1730 hrs, Institute of Marine Engineers, 76 Mark Lane, London EC3. March 12 The efficient ship, meeting, 1800 hrs, Royal Institution of Naval Architects,522 words
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6426 1986-03-13 22 aaaBEKD&B 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 of6,426 words
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Article698 1986-03-13 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location B Raya 102 13.3.86 1800 Leo Shpg Fl 0900-1000 U4 Glory Ace 68B 13.3.86 2300 Or Lloyd F1 1300-1500 U4 Thana Bhum 53N 14.3.86 0930 S'pore Shpg698 words
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Article1648 1986-03-13 23 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S). AB Shipping Bousteod Shpg Agencies Ateo Lh>« Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Sf»ppngAgencies (S) MuJtiporr Sdn BHd (PK) American1,648 words
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Article484 1986-03-13 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Alma K35 Boustead alongside 13.3.86/0630 Arun Pradesh K31 R Jumabhoy alongside 13.3.86/0600 Jenson 4 K23 Thong Soon alongside 13.3.86/2200 Makmur K25W SSPL alongside 13.3.86/1830 Siti Azlina K28 S'pore Shp alongside 13.3.86/1500 Viet Xo 79 K20 NAPL alongside484 words
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Page 15 Advertisements
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Advertisement549 1986-03-13 15 h.ntiUis OOCL a ORIENT OVEIQEAS C*U<um\ IINE lAROM SHPPW6 AGENCES On lb. *****4/ 00*) 70 Shenton Way #0403 Manna House Singapore 0207 Tel *****11 TELEX NO RS ***** CFS OFFICE TPC #***** Tel *****31 and *****32 Terminal ottae TPC #***** Tel *****90/*****93/*****01 Ft SAM MROME SHPPMG AGENCES SON BHD PETAL549 words
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Advertisement64 1986-03-13 15 JJuJIXS ON A WORLD MAP, the East African state of Djibouti is a dot sandwiched between two giants, Ethiopia and Somalia, and the sea. cf,nb Poge II SATELLITE TELEVISION will soon be made available to ships via the Inmarsat satellite communications system Page 111 Index to odvertisers II Shipping Schedules64 words
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Advertisement1198 1986-03-13 15 In Search of EXCELLENCE /v.-Y Khi: i This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense MAERSK LINE I If/ w FAST TRANSIT TO WEST AFRICA SINGAPORE/LOME 27 DAYS SINGAPORE/COTONOU 29 DAYS Voy S" pore1,198 words
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Page 16 Advertisements
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Advertisement375 1986-03-13 16 VSI TJ TTV Ji! YAMASHITA-SHINNIHON LINE I—JL/J.l T M J TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South Weet Feeder at Tokyo Pacific North Weet Feeder at Kobe Atlantic/Canada Feeder at Kobe iPCTIPfII imrMrMgTrBITTZM edmPaianzM1I>i■ tmmm— Also accepting LCL Cargo for USA Ports. MIDDLE EAST Full Container Service (A member of Oasis375 words
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Advertisement233 1986-03-13 16 Supercarrier Service i v rrr NEXT ARMVAIS TOURCOMG W7 BARS R TOR* 7/3. BARHR TAMPA 27/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm accept* caatn tar NmNi (MB). 1 Frame* o*Md. Iliitlw aad te Ohf* *a 1. I TO: CARIBBEAN CENTRAL AMERICA n/i 27/1 1-4/4 7/4 11-14/4233 words
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Page 17 Advertisements
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Advertisement1068 1986-03-13 17 The Straits Steamship Group <n Mansfield Container Shipping PteLtd Overseas Containers Limited F CONTAINERSHIP SERVICE TO UK/CONTINENT Spore PKHjnf FRANKFURT EXPRESS 12/3 13/3 TORK) EIPRESS 22/3 24/3 KAAMKURA MARU 27/3 29/3 LIVERPOOL MY 04/4 06/4 BREICN EXPRESS 12/4 14/4 KOHLOON MY 20/4 22/4 RMNE MARU 27/4 29/4 CITY OF EDMURGH1,068 words
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Advertisement483 1986-03-13 17 Franco Belgian Services i MEMBER OF ACE CONSORTiUM) I ,r I ,i«i t r, n. h >, r« >. ilh li. iLi.in I ir I ,~1. r n I in. CHARGEURS HAVRAISE ME DFX LINE Am (MEB CLUB MEMBER) SINGAPORE ENQUIRIES ******4 CFS *****41 Term.nal *****4' K Optorg Shipping Pte.483 words
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Page 18 Advertisements
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Advertisement325 1986-03-13 18 u Hapag-Lloyd On carriage to Scandnavia, Med, Carribean IS. America Hand haulage to inland destinations in Ewope S port PKata(Ptnan( Ltnonßfcao Genoa Mw{ Mam Bhavan A'werp 14/3 16/3 10/4 24/4 15/4 19/4 13/4 19/3 22/3 24/3 11/4 30/4 23/4 12/4 14/4 J/5 17/5 13/5 FROM N. CONTINENT &UK IMPORTS Books*325 words
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Advertisement89 1986-03-13 18 J MC.S.line FULLY CONTAINERISED SE RVICE TO EUROPE VIA Su7zT"a Member °t the Ace Comoftium CHMA CONTAMEK 34R CJ» PARS 4* HONGKONG CONTUCR 49* orental amr *tm FROM EUROPE VIA SUEZ A Member of the Ace Consortium CONVENTIONAL SERVICE To/From BUSAN MCHON BUSAN 12/4 CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF AGENTS:89 words
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Advertisement510 1986-03-13 18 /jff Wai Sun Hup Co (Pie) lid TEL *****06 (20 Lines). TLX RS ***** RS ***** fc, lAS 11 KN CAR I INI R. I I I). IML INTERMARITIME LTD K. Kiubiki (Sab A(«n<) Tot *****0 Jakarta (Sub Aprf) Tot *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS u km 7510 words
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Advertisement576 1986-03-13 18 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) not gowrn EWR GLORT no oHNi na umung no OF TED EVO (000 evo cooo EVO GRAM) no GEMUS no Goum ALSO ACCOTBK CARGO 10 1) rtovwua mnarx s MJMCTON. BERMUDA 2) ATUNTA. CMCAGO. OCT Boston ntutmrm. nobfou jkxsomrui. I) CUSTOM!, mum576 words
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Advertisement248 1986-03-13 18 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES S"niy» Ludhn tar RAN NASJt 11/3 B. MBAS RAN EJTEHAD 30/3 -4»KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKeUf* Laa*i| tar Oceania Queen 30/3 iaya, Lae, P.Moresby, Oceania Courier 5/5 Honiara. Rabaul. Kieta248 words
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Page 19 Advertisements
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Advertisement805 1986-03-13 19 VESSEL MAJAPAHIT GOWA KOTA SINGA > PACIFIC INTERNATIONAL LINES y\V\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE SIN JKT BBY SB* in pt is/3 21/3 22/3 25/3 27/3 2S/3 30/3 1/4 •TCH TAJCHUMQ *Mt HKO KAO 19/3 21/3 2/4 3/4 a/4 10/4 MURORAM805 words
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Advertisement849 1986-03-13 19 BENLINE CONTAINERS EXPRESS COHTAHER SERVICE TO UK/CONTHENT STORE r iULMK STOK IMM m**H KMM NAM 22/3 24/3 0/4 12/4 13/4 15/4 irnmpm Bay Bremen Eiprm am C*V at EdMwik 4/5 1/5 24/S FraMrivl Eiprau 12/5 14/5 31/5 TaMa Eiprm IJ/5 21/5 A/A EXPRESS CONTAINER SERVICE HUM BIMKIIR'MM HANK 5 TOR849 words
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Advertisement542 1986-03-13 19 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE Vcud jKo cjftnf CauManca ETA t/4/K. Sublet to IndueMMot. Atoo •ecmpbng carpo to Ceeebianca, Port Said, Poet Alexandria, Oonoo. Trtooto. AISO ACCEfTM BOTH CONTAiERS, CONKNTONAL542 words
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Advertisement310 1986-03-13 19 BOUSTEAD SHIPPING AGENCIES Htoneywi V2O9W Pa-an V92W Lakaar last* ¥59* Phadiwefyawywa Pafan *97* BURMA FIVE STAR (Burmese National Line) Loadmg for Rangoon Sparc PKetar* Pa In Port/14 Mar In Part/14 Mar 11/20 Mar 25/27 Mar 26/27 Mar 22 27/29 Mar BANK LINE SPORE R'DAM HULL HMBG FORTHBANK 29 Mar 24310 words
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Page 20 Advertisements
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Advertisement1369 1986-03-13 20 K LINE KAWASAKI KISEN KAISHA. LTD. 1 ECUADOR/PERU/CHILE F£ED£R vsi MOTXR VS. SPORE PKLG PNG SPOtt NAGOYA GUAYAQW CAUAO AR»CA W AfAGASTA S ANTOWO VALPARAISO IOHORE BROGE *53 BU FLOREANA 11 Mai 12 Mai 13 Mai 15 Mai sto 3 May 12 May 13 May 14 May It May CENTRAL1,369 words
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Advertisement542 1986-03-13 20 (a.a AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container# PUMI CM. MM iHWf Vessel Spore KUHMS 12 to ravrms 17 to CHAIORMS Mem Fiem Sfdn Mv> Accepts 4to 1C to 12 to toßm 27 to fMa T 4Mit AAM/lni 1 Mjt IB HIT IMa 1 AdM/lm 17 Mjt 2f Mil 24542 words
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Advertisement649 1986-03-13 20 GOLDEN LINE GUAN GUM SWPWG (PTE) LTD 23. !M A r a Sir Ml SNCAFORE «it« m SMJMI <10 UCD STRAITS/PERSIAN GULF SERVICE: PM p GOLDEN CUT Colombo Karachi Dub* Bahrain Clammam IJ/1J Ma GOLKN MAKEN Colombo Karachi Dubai Dammam I/* Apr CHtfU OCEAN SHAPING CO., PEKING THE PEOPLE'S REPUBLIC649 words
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Advertisement417 1986-03-13 20 INTRASEA (PTE) LTD. 10 Anson Road «27 1b Internationa 1 Plaza Singapore 0207 Tel *****1 1 (1C Linesl maAsiAUMi O BREAKBULK SERVICE TO EUROPE/UK MTRASEA (PTC) LID BOOKM> 22*511 NUTANS SHPPMC CO SON M) *****11 Mtr-o*truit Mvrtmt S* BM 3(5*54 PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 8 LINES) TELEX417 words
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Page 21 Advertisements
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Advertisement727 1986-03-13 21 NOL NEPTUNE ORIENT LINES LTD Spore NEPTUNE AGENCES PTE LTD Tel No office Ternwal CFS BOOKHGS *****77 Fl EU/WST TM/SEA *****77 *****22 *****53 OA MHCT IWS *****53 *****42 1 B*u HARPCT N*A SDN. KC 2*loo P Keiint HARPER mi SON. BHD M 7201 *****4 P by* HARPER MRA SON BHD727 words
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Advertisement417 1986-03-13 21 No 7 Dmwi/U2N Ik I oonjm/tO2N No i Dofun/C43N No I Domm/602N TUN 60IN S»« In Port 17/3 26/3 3/4 1/4 T K(tmf Petvwf 15/3 26/3 31/3 12/4 19/4 22/4 21/3 1/4 »/3 7/4 11/4 (on-ttt) 23/4 21/4 1/5 5/5 14/5 28/5 No 5 Datum 603N No 7 Datum, 643N417 words
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Advertisement723 1986-03-13 21 n SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Nunbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELMK PENANG M/S SHARKAT WAH SOON SOU. BW. IST ANO 2ND FLOOR. MESSRS HM THONG SHTfWG 127723 words
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Advertisement146 1986-03-13 21 K&S LINE JAPAN STRAITS SERVICE MOUNT OAK (UK FOR HK/MANU) OTA not KOYU HMD HMD CXONG TMSHO MMKJ CORAL STAR Sport Nmrc SU h« 15/3 h Pt 14/3 18/3 13/3 15/3 17/3 11/3 21/3 23/3 23/3 25/3 27/3 31/3 1/4 3/4 SANKYO LINE (S) PTE. LTD. 37 Somerset Road. #06-01.146 words
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Page 22 Advertisements
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Advertisement398 1986-03-13 22 I REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) UK cnicEzo ira iirgun i "fiiTiryTTJi wpm nrnEi wnnynn C2E3E221 E2QE22O EEHI 4-5/4 TO SOUTH THAILAND STORE mnzMsm RATANA BHUM 11 1 II Ml'-'M'! I irrrm II Mli 1 Ml M MALACCA STRAITS FEEDER SERVICE (WIEEKLY) mi •*fc' i.. -wnggiHa ■ruinml398 words
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Page 22 Miscellaneous
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Miscellaneous169 1986-03-13 22 m Regional Weather N Wa rz *> y gm si m m W»w LU£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND b^ 1 Wind direction with speed m knots Wave height One hoH Heche represents 5 knots R Thunderstorm Temperature c A\ Shower Weather Wind direction169 words
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Page 23 Advertisements
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Advertisement83 1986-03-13 23 Mi?© use MEMOES K. LUMPUR P. KELANG PENANG P. GUDAN6 j. BAHMtU LEOSHP SPORE 2421M1/*****56/2424W1/*****93 *****1/4 TERMNM. 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****8/*****S *****22 FAR EAST/EUROPE CONTAINER SERVICE mTm FTf fi CT El 11 11/'TTTTTTB IrTTBCTTTTB imnMim ruETMini Bumm itmryiMlMiaimillEMEl ALSO ACCEPTWG FOR: ANTVKV, L. HAW*. UK. BRQO, COPENHAGEN. OSLO ALSO ACCEPTWG83 words
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Advertisement29 1986-03-13 23 I WORLD LINE COLUMBUS LINE REEDEREI GMBH EXPRESS SfMl CONTAIWR SERVICE TO HUH ROTTERDAM HAMBURG a.." SEAIION SHIPPING (S) PTE UD smijpoff SAIFS BOOKINGS Til ??OS6BI (8 Imes ta.29 words
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Advertisement151 1986-03-13 23 Scan Dutch tf TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) TO RED SEA-MEDITERRANEAN FEEDER VESSEL TO HONG KONG-TAIWAN-JAPAN FEEDER VESSEL PENANG SINGAPORE HONG KONG ManfaOtS Itmu/m N Hwtman 105 8 PMMi/US FROM EUROPE FEEDER VESSEL P. KELANG 5) MTSEILLES 1) G BURG 2) H'BURG 3) S HAVEN 4) R OAM 8 Mm/075 s«tM«i/on151 words
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Page 24 Advertisements
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Advertisement312 1986-03-13 24 rr w Mitsui OSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRIC MORNING GRACE GLORIA PEAK KRITI GARNET ASTRA PEAK WEST AFRII ALTAI MARU 15 Mar Mombasa. Daressalaam 29 Mar Port Louis. Reunion 1 Apr Mombasa, Daressalaam. Tanga, 24 Apr Port Louis. Reunion 15 Mar P. Noire, Lome. Abidjan. Tema AFRICA'S HAYAKAWA MARU312 words
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