The Business Times, 18 March 1986
1986-03-18
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The Business Times
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Title Section12 1986-03-18 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, MARCH 18, 198$ 75 CENTS12 words
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535 1986-03-18 1 ALVIN TAY - Slump and more loans to non-residents blamed By ALVIN TAY THE ECONOMIC recession and increased loans to non-residents led to a record net capital outflow of about $1 billion from the Republic's banking system last year. The net outflow, the first since 1979, came535 words
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148 1986-03-18 1 UPI CAMBODIA'S anti-Vietnamese coalition government yesterday issued an eight-point peace plan calling for a partnership with the Hanoi-backed Heng Samrin regime and the phased withdrawal of Vietnamese troops under a UN-supervised ceasefire. Diplomats in Beijing said the surprise proposal was unprecedented in its detail andUPI - 148 words
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447 1986-03-18 1 ONE OF THE WORLD'S biggest makers of high-range Winchester disk drives is spending $10 million this year to assemble and test 85 megabyte drives in Singapore. US-based Micropolis Corporation expects to reap at least US$4O million sales this year from its Singapore factory.447 words
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Article, Illustration247 1986-03-18 1 Agencies THE US DOLLAR plummeted to an all-time low against the Japanese yen in Tokyo yesterday. Japanese officials tried to halt the decline by threatening to buy the US currency. Finance Minister Noboru Takeshita, alarmed by the steep rise in the value of the yen,Agencies - 247 words
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Article161 1986-03-18 1 Agencies PHILIPPINE President Corazon Aquino will shortly form a commission to investigate the Marcos regime's human rights abuses and has asked a prominent lawyer to be its chairman. Presidential spokesman Rene Saguisag said in Manila yesterday that former senator Jose Diokno was offered the post, butAgencies - 161 words
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Article, Illustration92 1986-03-18 1 SHAKE PBICEB elwed mixed yesterday la moderate traiiag. Malaystoa stocks, sMMag away (rm the tread la the past tow weeks, performed better thsa Sags psre sleeks. The Straits Times ladastrlal ladex foU Ml petals to RlJi The tost time the market etosed tower thsa this was ea Asg92 words
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353 1986-03-18 1 AGGRESSIVE MARKETING will enable the printing and publishing industry to maintain dou-ble-digit growth, outshining most other manufacturing sectors, industry experts say. Representatives of about 60 foreign companies twice the number last year have flown in for a seminar on printing and publishing353 words
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Article102 1986-03-18 1 FRENCH PRIME Minister Laurent Fabius has offered to resign after the rightist opposition scraped through to a paper-thin victory in parliamentary elections and overturned a five-year-old socialist majority. "I am at your disposal to offer you my resignation and that of my government at the102 words
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Article112 1986-03-18 1 Reuter AP OPEC yesterday set up a new experts committee to study technical aspects of the world oil supply and demand situation, conference chairman Arturo Hernandez Grisanti of Venezuela said. The committee, composed of representatives from all 13 member states and chaired by acting OpecReuter; AP - 112 words
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258 1986-03-18 1 Agencies THE SAB AH HIGH COURT yesterday ruled that Chief Minister Joseph Pairin Kitingan could hold new elections in the politi-cally-troubled state, minutes after violence erupted in the state capital of Kota Kinabalu. The ruling came as Mr Pairin metAgencies - 258 words
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Page 1 Advertisements
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Advertisement41 1986-03-18 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM DdUpHN For the life of your back! EUROSTYIE IMS Head Office: 1 Toa Royoh Industrial Park *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Sauore *02-68/9. World Trade Centre Singapore 0409 Tel: *****46/741 words
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Advertisement235 1986-03-18 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO OUR VIEW CRITICISING AND COMPLAINING twin folly of the human race. It is unfair to expect quick, simple answers to the collapse of the New World Hotel and it will do no good for anyone to insist that235 words
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Advertisement15 1986-03-18 1 Full report, Pag* 13 Asian stocks, Paga 11 Conservative* win by slim majority, Pag* 415 words
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Advertisement45 1986-03-18 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Call for debt concession, Pago 5 "Some airlines think good service is the smile on the face of a stewardess." "ForKLM, it's the smile on the face of the passenger." In recent surveys, of KLM pas The Reliable I»45 words
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HOME NEWS
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331 1986-03-18 2 ANNA TEO - By ANNA TEO WHILE EUROPEAN (arm ministers cry foul over the use of hormones in animals by British, Australian and other meat exporters, Singapore remains unperturbed about meat imports. "As far as Singapore is concerned, there is nothing to be alarmed about," said331 words
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130 1986-03-18 2 TEXAS IRON WORKS of America has appointed Associated Petroleum Supplies Co Ltd (APSCO) as its sole distributor in Indonesia. Through the APSCO connection, Texas Iron Works will have access to the vast Indonesian market for its products a complete line of tools for setting and130 words
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305 1986-03-18 2 GOH YEE LING - By GOH YEE LING A SIX-MONTH-OLD security services company has notched up earnings of $1 million and expects the figure to triple within the first year of operations. Apro-Asian Protection also hopes to be able in the next four years to set up305 words
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93 1986-03-18 2 CURRENT developments in the Philippines and the prospects (or the new Aquino administration will be examined at a three-hour forum on Saturday. Organised Jointly by the Singapore Institute of International Affairs and the Information A Resource Center in Singapore, the lecture will be conducted93 words
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Article74 1986-03-18 2 A TALK on "Analysis of Investment Performance" will be held by the Singapore Actuarial Society tomorrow. The two-hour talk, to be given by R A J Waddingham, will refer to the work by actuaries in the analysis of investment performance in the UK and Malaysia. The talk will74 words
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122 1986-03-18 2 HI-FI ENTHUSIASTS can, after all, pick up sound equipment that once belonged to Atlas Sound. An auction scheduled for last Saturday was cancelled because a dealer had offered a "high price" for the entire lot, it was confirmed yesterday, An official of122 words
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298 1986-03-18 3 MAJOR French robotic vision systems with uses in quality control and product assembly are on display at the FrenchSingapore Institute (FSI) this week, together with a course on Industrial Vision By Computer. The vision systems marketed by ITMI, a French company that deals in298 words
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Article151 1986-03-18 3 TYRES, TUBES, hydraulic excavators, soil investigation equipment, used cars and scrap metal may not be everyone's cup of tea, but these are some of the odd assortment of items to be auctioned by the government in two weeks' time. Interested parties who have some use151 words
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248 1986-03-18 3 CHILDREN TODAY are taller and bigger, but that does not mean they are any healthier. Indications show that physical fitness may not automatically improve with affluence unless attention is paid to physical fitness development, said Dr Tay Eng Soon, the Minister of State248 words
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Article227 1986-03-18 3 AIR CANADA is to provide free return flights from Bombay to Singapore for the immediate families of victims of the Hotel New World disaster who flew here on the airline. The offer is open to one immediate family member for each victim who flew227 words
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Article, Illustration368 1986-03-18 3 ELAINE KOH - By ELAINE KOH TWO AWARD-WINNING producers of commercials have struck immediate success since teaming up, expanding their international network of offices. In their first week of Joint operations, MacKenzie and Noble Productions are in the running for three projects, with expectations that the first368 words
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412 1986-03-18 3 BRIAN GOMEZ - By BRIAN GOMEZ Industrial Correspondent A CANADIAN manufacturing giant in the synthetic rubber/latex business is planning to establish its Asian-Pacific headquarters in Singapore in August, and a technical centre about a year later. Ontario-based Polysar Inc, which had a turnover of C 52.2412 words
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Article213 1986-03-18 3 THE CALL for more flexible rumuneration systems is being answered by Singapore Airlines, which has told its staff to expect bonuses rather than wage increases if the airline does well. Dr Cheong Choong Kong, the managing director of SIA, said recently that salaries could not213 words
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Article98 1986-03-18 3 A TOURIST task force is in Australia to promote Singapore as a tourist destination. From yesterday, a group of 18 hoteliers and eight travel agents started meeting Australian industry buyers in Sydney, Melbourne and Perth. They will return on March 25. The visit is organised by the98 words
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Page 2 Advertisements
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Advertisement269 1986-03-18 2 >« i* J. I >1 'CV v, V l! li!lllH x x S v iif ■k. <->■ s*; w v."^. :...>. -v ■:-rf m T\ n n 0 V tj/ ;>-_' 7 V. n "X. J f. V 4 I*' 4*l V Ml Tlfc. 43* :.«*%Jk>a. «J& N aStjfc -<9WrwJ269 words
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Advertisement145 1986-03-18 2 MADRAS on AIR-INDIA'S EXECUTIVE CLASS *5 H U Simply First Class Where You Are The Maharajah. <Wr» At 1819 quality recipe for success A restaurant survives on the quality of its food. And at Restaurant 1819, chef Philip Swar takes the credit. Not surprising, as he won the gold medal145 words
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Page 3 Advertisements
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Advertisement134 1986-03-18 3 Italian Building Materials and Technology at SlBCX'eft V£nue= World Trade Centre Date: 26-29 March The exhibition will cover a wide range of items used in the building industry It will have the largest selection of top quality products such as ceramic tiles, marble granite and other stone materials, door hardware134 words
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Advertisement75 1986-03-18 3 The Szechuan Experience with die Meisan Difference i a i J- *T' V v Ut Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art |g MEISAN At the Meisan. [PI ml SZECHUAN RESTAURANT Distinctively Szechuan, Instinctively Meisan Royal Singapore75 words
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OVERSEAS
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Article, Illustration537 1986-03-18 4 Move may signal end of Opec's market-share policy Reuter KUWAIT has said it is willing to cut its oil output below its current Opec quota, in a move which may herald the end of Opec's three-month-old "market share" policy which hasReuter - 537 words
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Article, Illustration518 1986-03-18 4 AP Reuter FRENCH VOTERS rendered a mixed verdict on five years of socialism on Sunday, ousting the left from power in the National Assembly but giving the main conservative parties only a bare majority with which to carry out their programme. Hopes forAP; Reuter - 518 words
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Article81 1986-03-18 4 AFP TEA HAS REINFORCED its lead as Britain's favourite drink. The British are drinking more tea than the people of North America and the rest of Europe combined, according to figures released on Sunday. The Tea Council, which promotes the tea industry, says the averageAFP - 81 words
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Article159 1986-03-18 4 Reuter US GOVERNMENT leaders are making economic decisions based on information gathered by methods that are outmoded. According to a report released by the congressional joint economic committee on Sunday, federal agencies lacked information on trade, economic growth, incomes and the impact of cuts in spending.Reuter - 159 words
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275 1986-03-18 4 AP BRITISH Foreign Secretary Sir Geoffrey Howe yesterday rejected Soviet leader Mikhail Gorbachev's bid to rid the world of nuclear weapons by the end of this century, saying "to call for instant nuclear disarmament is propaganda". Sir Geoffrey said that for "theAP - 275 words
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335 1986-03-18 4 AP BASIC SCIENCE questions asked on a Northern Illinois University poll indicate that 85 per cent of Americans are what the researchers term technologically illiterate. The researchers say many did not know how a telephone worked and many others could not define DNAAP - 335 words
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237 1986-03-18 5 Reuter AUSTRALIA'S UN Ambassador Richard Woolcott has called for a change in what he described as his country's entrenched belief that Indonesia is a threat and that Papua New Guinea is heading for anarchy. Australia, Indonesia and Papua New Guinea should sign aReuter - 237 words
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Article737 1986-03-18 5 ARRIVALS Operator S*rvk« number Locol time From MAS MH8II 0940 PEN SIA SQI03 1005 KUL RBA ***** 1030 BWN CPA CX710 1030 CGK SV SV399 1045 CGK GIA GA960 1100 CGK SIA SQI05 1105 KUL SWR SRI 62 1130 ZRH/BOM/CMB SIA SQ20I 1145 CGK SIA SQ191 1155737 words
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162 1986-03-18 5 Bernama JAPANESE investment in Indonesia, which took a downward turn in the last three years, is expected to fall further in the immediate future. Toyokiho Shimada, the Japanese embassy's firstsecretary in Jakarta, told the Jayakarta Doily yesterday that Japanese businessmen would probablyBernama - 162 words
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Article432 1986-03-18 5 Rueter THE WEST would commit a grave injustice if it insisted that the Philippines repay all its foreign debt, particularly loans incurred by cronies of ousted president Ferdinand Marcos. "It would be doing a grave injustice to our people if debt incurred by the previous administrationRueter - 432 words
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452 1986-03-18 5 UPI AN EXAGGERATED perception of its role in the (all of Ferdinand Marcos has left the US with a sensitive policy question in South Korea. The Korean opposition, challenging the government of President Chun Doo Hwan, has been emboldened by the Philippine revolutionUPI - 452 words
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Page 4 Advertisements
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Advertisement124 1986-03-18 4 "Come to Le Vendome Restaurant. Enjoy the finest Continental j meals, and the best deals in town. J Then go home fully satisfied, w, Or I eat my words". Ernst Huber. 't i Ernst Huber, Executive Chef of The Dynasty Singapore, is not a man who minces his words. Which124 words
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Advertisement72 1986-03-18 4 ^;&<*"~\'<!=%,_"{.*_)|*"!>`_/') Continuing education for practising engineers and executives The Applied Research Corporation (ARC) is an organisation that harnesses resources and expertise of institutes of higher learning for the benefit of practising engineers and executives in various technical and management fields. In pursuit of this aim, the ARC offers the following72 words
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Page 4 Miscellaneous
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Miscellaneous67 1986-03-18 4 Doonesbury w MRRBPF&W! 7H5 GENTLEMAN IN WW OF YOU! mm about HIM* IS H£ BOTHERING YOU, BOSS* sill nn 3*l BY GARRY TRUDEAU NO.SMPIBTOU! RJ6HTAU/AY, lOMTYOU YOUR. HSiNOUS--70 PRJVB HIM TO THE AIRPORT! SHIP! I'M TO PRJVB TO THE.. TO THE.. WHERE* I fsl r\ mi mi *r,IC UPV itEJV67 words
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Page 5 Advertisements
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Advertisement154 1986-03-18 5 IL GIARDINO COmNENfTAL RESTAURANT CHCOOF62S OCMHNATICNS Businessmen Luncheon At Only $15.00 nett Amid the elegance of IL Giardino. you create your own choioe of set luncheon from a menu of 625 combinations, including 4 courses starter, soup, main course and a desaert for only $15 nett. It's really amazing! Our154 words
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Advertisement288 1986-03-18 5 \v fe.. f Xv X v. '.ok. s® Europe Si I >v. gkok t* 1 x«; y:- x Non-stop to Copenhagen, Athens, Frankfurt and Rome from If you've always thought of long-haul flights as 16 hours or so of sheer monotony and tedium, we invite you to read on. Thai288 words
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RAW MATERIALS
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139 1986-03-18 6 AFP CHINA'S National People's Congress (NPC) is set to approve a new land law designed to stop indiscriminate non-farm use of the country's farmland, the China Daily reported yesterday. The law is to prohibit encroachment by individuals or organisations on collectively and state-owned lands,AFP - 139 words
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Article131 1986-03-18 6 Reuter AUSTRALIA has said that Prime Minister Bob Hawke might review a planned trip to Brussels next month as a row over European Community farm subsidies intensified. Foreign Minister Bill Hayden said Australia had to act aggressively to stop farmers being "knocked about" byReuter - 131 words
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242 1986-03-18 6 Reuter ANTI-COMMUNIST Indonesia, trying to counter the effects of plunging oil prices, is launching a fresh drive to boost sales of commodities such as coffee and rubber to Eastern Europe. A 40-man Indonesian trade delegation will leave Jakarta next month for Yugoslavia,Reuter - 242 words
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165 1986-03-18 6 Bernama PEPPER MARKETS in Sarawak and Singapore staged a major rally in October/November last year, pushing prices to their highest in 35 years but turned easier in late November and early December before closing the year on a firm note. The MalaysianBernama - 165 words
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Article390 1986-03-18 6 COFFEE Robusta futures were neglected to midday yesterday, with light losses from last Friday night of £13 to £19 a tonne in a maximum £10 traded range in spite of the slight easing of sterling against the dollar. Operators were mostly withdrawn on lack of fresh fundamental news.390 words
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Article115 1986-03-18 6 THE PRICE of tin on the Kuala Limpir market was unchanged at Mfn.il a kg yesterday in spite af the lowest disposal total since the market reopened on Feb 3 after a three-month suspension. Disposals totalled three tonnes, down from eight tonnes last Friday. Miners were not willing115 words
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Article66 1986-03-18 6 Bangkok (USS/tom*. FOB) White Rice 00% 1st class 260 100% 2nd class 235 100% 3rd doss 230 5% 220 10% 215 15% 210 20% 200 25% 190 35% 185 Broken Rice A-l Super 130 A-l Special 127 C-l Special unq C-l Ord unq Loonzain Rice 100% 1st grade unq66 words
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Article316 1986-03-18 6 RAS prices tn S cents/kg, FOB m boles NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 159 00 160 00N 160 00 161 00N Int 1 RSS Apr 86 159 00 160 00 160 00 161 00 Int 1 RSS Moy 86 164 00 165316 words
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Article109 1986-03-18 6 (cents/kg, 1-ton poNets) APRIL 86 MAY 86 (current month) (forward month) RAS NOON NOON Buyer* Sellers Buyers Sellers SSR 20 168 00 170 OON 169 00 171 OON SSR 50 164 00 I66 00N 165 00 167 00N MRELB Buyers Sellers Buyers StHcn SMR CV 226 00109 words
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Article180 1986-03-18 6 MALAYSIAN crude palm oil prices closed firmer yesterday on late shortcovering and speculative buying activity after an uncertain start following a lower Chicago soyoil futures close last week. Dealers said India's palm oil purchases at its weekly import tender last week aided sentiment. March delivered in the south180 words
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Article299 1986-03-18 6 SINGAPORE The market closed lower yesterday with April One RSS buyers quoted at 160.00 cents a kg, down 1.50 cents from last Friday. Long liquidation coupled with forward selling and lower Tokyo advices caused prices to fall 2.50 cents in moderate morning trading. Prices recovered slightly on short-covering in299 words
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Article150 1986-03-18 6 Chinoto Produce FOB NSW 690 00 Exchange Nutmeg Sellers noon erasing prices on Mor 17 (SS/100 k 9 110 FOB NSW BWP FOB NSW 1041 00 959 00 Coconut oil Bulk FOB 80 00 Gombier 330 00 Old drum FOB 63 00 FOB NSW New drum FOB 67150 words
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Page 6 Advertisements
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Advertisement169 1986-03-18 6 Maybe it isn't that important what class you fly. mZZ wm warn. m 'mm wm wmm. m mm\■'z. Wz 'zZZ mm mZ wm wMm mm. ma m. m mm Wm m Wm mm. m ill m- j c- M mm m. Z v. Z ■z-m m im. **#> y<Wys ■/MZ.169 words
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Advertisement211 1986-03-18 6 '4 Wm> > b m i i. ft /r u» < f «r -5 v3r s >- T .V The experience begins with a special welcome bouquet. This is an appreciation of how much we enjoy having you with us. During your stay, you'll notice the little things that get211 words
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Page 7 Advertisements
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Advertisement322 1986-03-18 7 Computers and Communications 4 A A 0 4 P) r <Q ism r C. V-. Bi-directional tractor shown optional Pinwriter P7 The affordable Pinwriter P7 has what it takes to look good whatever you print. With a 24-pin printhead for superb text and dazzling graphics. It's faster and quieter. Fully322 words
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LETTERS TO THE EDITOR
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Article499 1986-03-18 8 THE ONE-STAR New World Hotel went down in a swirl of dust and in one swift, horrible moment, our mettle was put to the test. There was no warning. It is unlikely there ever will be one, which is why the army, fire services and Civil Defence499 words
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783 1986-03-18 8 Ian Gan - Ian Gan Dear Sir, The accountancy profession, like other businesses, is not spared the brunt of the current recession. While a handful of the more fortunate practitioners are enjoying the spin-off from the spate of liquidations and receiverships, the majority of them are hard put783 words
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360 1986-03-18 8 Lim; Koo - Lim and Koo Dear Sir, An analysis of the fibre of the editorial, reports and letters to the editor on the proposed relocation of the School of Accountancy (SOA) from the National University of Singapore (NUS) to the Nanyang Technological Institute (NTI) seems360 words
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Article200 1986-03-18 8 Reg Hamilton - Reg Hamilton Dear Sir, I am a visitor to Singapore and also happen to be a university lecturer in engineering sciences in my own country. I was intrigued with the correspondence in your columns regarding the transfer of the School of Accountancy from the200 words
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Page 8 Advertisements
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Advertisement316 1986-03-18 8 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Welcoae to M 1 Hexagon corporate Electronic Banking r Hongkongßank's Hexagon corporate electronic banking system. It's a state-of-the-art system for six vital reasons. 1. Hexagon is powerful. The system offers wide-ranging services, from reporting simple account balances316 words
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Page 8 Miscellaneous
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Miscellaneous713 1986-03-18 8 CRYPTIC PUZZLE ACROSS 3 Collegiote monarch* (5) 8 River or diverted sewer (5) 10 Where there's some arrangement about a piano' (5) 11 Do a bit of good, pet (3) 12 One's strength shown m o letter or two (5) 13 Sulton who surrounded a kid with evil? (7) 15713 words
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SPORTS
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Article, Illustration475 1986-03-18 9 WALTON MORAIS - By WALTON MORAIS NEXT YEAR'S Singapore Open golf championship will face a major revamp following loud complaints about the size of the field at this year's tournament. Reflecting the feelings of most golfers, Australia's Terry Gale told BT: "It's physically impossible to play 190475 words
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317 1986-03-18 9 UPI IN SPITE OF his own experiences, Bjorn Borg sees no reason why American John McEnroe can't make a comeback after his break from tennis. Borg, speaking during a U*****,000 men's tennis tournament in Milan, Italy, is totally familiar with the intense pressures ofUPI - 317 words
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639 1986-03-18 9 RONALD KOW - By RONALD KOW IT IS JUST one of football's great ironies. In the Malaysia Cup soccer match in Kuala Trengganu last Friday night, all the three goals were scored by Singaporeans. Only one of them was an own goal. But it was the639 words
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273 1986-03-18 9 UPI MARTINA NAVRATILOVA won her seventh Virginia Slims of Dallas title in eight years on Sunday with a 6-2, 6-1 victory over Chris Evert Lloyd. Navratilova, who broke her opponent's serve to begin each of the seven sets she played in the quarter-final, semi-finalUPI - 273 words
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Page 9 Advertisements
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Advertisement255 1986-03-18 9 iutuwi'^wr 1 i If you're reading Computing Decisions youre listening to the experts. Every month Computing Decisions editors bring you no-nonsense authoritative computing information, offering solutions to your computer problems. Computing Decisions is clearly the choice of today's informed computer professionals. Make it your choice, subscribe today and take advantage255 words
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Page 9 Miscellaneous
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Miscellaneous1089 1986-03-18 9 to ond mm i c n r Jessica Langs as ths beautiful and talsntad Frances Farmer. TUESDAY PREMIERE Frances 1030 pm, Channel 5 Jessica Lange earned an Oscar nomination for her powerful performance as Frances Farmer, a promising but rebellious actress during the Hollywood golden era when rebellion was unheard1,089 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration775 1986-03-18 10 Arthur Andersen accused of not keeping investors informed NYT THE FIGHT over the remains of the bankrupt De Lorean Motor Co is pitting an array of investors and creditors against John de Lorean, the company's flamboyant founder. But now, the spotlight is also falling on theNYT - 775 words
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493 1986-03-18 10 NYT ENTICED BY the extraordinary stock market rally of recent months, individual investors in the US are opening new brokerage accounts and calling their brokers at a pace not seen since the *****. As share prices have climbed higher, includingNYT - 493 words
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775 1986-03-18 10 FT ONE DAY RECENTLY, the New York Stock Exchange dealt in about 154 million shares; the Cincinnati Stock Exchange, based in Ohio, dealt in 252,000. "In terms of volume, its market share is very, very small any which way you look at it," anFT - 775 words
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Page 10 Advertisements
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Advertisement644 1986-03-18 10 V, Wmet to wiae, te aM entertain 7T *V i ■*:>• 'jk' ft Lunch llam to 2 30pm daily Sundays and Publtc Holidays Sam to 2 30pm (SJPtesideiit oUeAftaSWote? 18!. Kit' yn<T Road. Sinqapcrf ye**** Enjoy the serenity amid* the hustk .A bustle of the world Have t q«*t h*k*644 words
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Advertisement102 1986-03-18 10 Cafe de Prince's n delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10++ (child). CRQWn WNCEHOm ••M«*roac Njnj|M toy frtote IWrt Continuing the rrince Motets tradition of friendly service 270 Orchard Road. Singapore 0923. Telex: RS ***** HCROWN. Cable: CROWnMOTEL.102 words
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ASIAN STOCKS
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Article375 1986-03-18 11 HONGKONG: Share prices closed sharply lower yesterday with the Hang Seng Index falling 41.14 points to 1,566.49, its lowest level in more than five months. Some brokers linked the setback to the falling US dollar, which dragged the local currency lower as fund managers trimmed their Hongkong stock holdings.375 words
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Article239 1986-03-18 11 MAR 17 At Smear* Ma Asm Cement MT 3 09 26 90 33 50 0 14 0 8 0.1 Lien Hwa Indus Nan Y a Plos Pacific Cons Pacific Elect Wire 14.15 37 20 25 00 1560 -4 65 0.5 -03 05 Chang Hwa Bank 51 50 25 50239 words
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Article390 1986-03-18 11 TOKYO: Prices fluctuated widely in heavy trading yesterday. The market average fell back sharply from an early morning record of 14,748.02, but recovered in the late afternoon to end down only 8.95 at 14,655.52. Turnover was a heavy 850 million shares against 680 million in Saturday's half-day trade, when390 words
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Article49 1986-03-18 11 MAS 17 Morsteel On«nto( B PVW«» B ***** unch ACOfC WOHQ iFich PLOT 12 -i Son Migual B 40 -05 B«nouet Con. B 100 -10 Seofront S«ne Dorby 0.006 unch 12 +1.5 Firet Phi Hktgs 3 60 -0 15 Sungoo Con B Monnduque B Vulcan 0 0016 unch49 words
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Article345 1986-03-18 11 SYDNEY: Australian share markets yesterday recorded their biggest one-day gain this year as the market breached Friday's record close. Industrial stocks responded to record-breaking gains on overseas markets. At the end of trading, the All Ordinaries Index had gained 22.7 points to a record 1112.2 and the All Industrials345 words
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Article121 1986-03-18 11 BANGKOK: The Securities Exchange of Thailand Index improved 0.29 to 135.43 yesterday. Turnover amounted to 2,574,806 shares worth 79.6 million baht. MA* 17 ■aim iom Cement S<om Citizen Siam City 475 63 50 475 -2 2 15 Asm Fixe Ayuthoyo kr»v And Trust Bangkok Agro-kxJ Bongkok Bonk Bonk O121 words
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Article85 1986-03-18 11 MAR 17 Won 617 -3 Hyundai Const Hyundoi Motor KAL 1170 2180 1020 29 41 >89 Choteung Bk Commercial 0k Doefcm Irtd 583 649 635 872 -7 •II 25 7 Korea First Yukong Korea Sh*> 650 2241 356 923 -10 181 -13 43 1216 -3 900 -10 Dong Ah85 words
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Article77 1986-03-18 11 Reuter BROKEN HILL Pty has said in a notice to the Perth Stock Exchange that it controls 18.8 per cent of the fully-paid ordinary shares in Bell Resources, which proposes to make an opposed partial bid for BHP. Share analysts said the notice confirmedReuter - 77 words
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102 1986-03-18 11 Reuter TOSHIBA CORP, Japan's second largest electric machinery maker, said it will be listed on the Zurich, Geneva and Basle stock exchanges from today. Toshiba shares will be traded in the form of Swiss bearer depository receipts in units of 100, 1,000Reuter - 102 words
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164 1986-03-18 11 Reuter KAWASAKI Heavy Industries Ltd will not pay any dividend in the year ending March 31 because of the recent sharp appreciation of the yen against the US dollar and the continued world shipbuilding recession, vice-president Yutaka Ohnishi said. Exports accounted for 37.9 perReuter - 164 words
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94 1986-03-18 11 Reuter KWANG HUA Securities Investment and Trust Co Ltd has remitted US$25 million to Taiwan to invest in the stock and money markets, a company spokesman said yesterday. The money, for the so-called "Formosa Fund" set up by Taipei to attract foreign investment, came fromReuter - 94 words
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320 1986-03-18 11 UPI TOYOTA, Japan's largest car maker, is to raise the retail prices of its cars and trucks in the US by an average of US$4l2 per car or truck, or 4.1 per cent. A company spokesman said in Tokyo yesterday this wasUPI - 320 words
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169 1986-03-18 11 AFP NIPPON STEEL Corp and Nippon Chemi-Con are to team up with Philips to manufacture fine ceramics electronic parts. According to the Nihon Keizai Shimbun yesterday, the three companies will sign an agreement in Tokyo on March 24, to set up a joint ventureAFP - 169 words
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Page 11 Advertisements
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Advertisement590 1986-03-18 11 rfitetx to i Hi ESir.P *«•> FASHIONABLY HYATT Join the fashion-conscious every Tuesday and Wednesday (3.00 6.00 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches.Showtime:590 words
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Advertisement83 1986-03-18 11 M Savoury Delights Await You At u i i sTTUA 777 For reservations call <mwwiu 235 2698 or 734 6622 ~rr SS/«0 lunch: 1 lam 3pm orchard roac Dinner 6pm-11pm i |i>- LUCK* PI«M II Miwm/ mM» Ample Free Parking 19 Ournhill Circle and Valet Service Singapore 0922 TW 73483 words
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BANKING AND FINANCE
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534 1986-03-18 12 DAVID GABRIEI - SANGKANft si 55 is Sang Kancil is BT's financial futures trader. Every Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on the Singapore International Monetary Exchange. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEI534 words
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196 1986-03-18 12 AP THE SWISS Federal Banking Commission has imposed a temporary ban on new licences for Japanese banks wanting to operate in Switzerland. Hermann Bodenmann, the president of the commission, cited unfair treatment of Swiss banks in Japan as a reason for the move.AP - 196 words
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Article60 1986-03-18 12 Reuter THE BANK of Tokyo Australia Ltd will lower its prime lending rate to 18.5 per cent from 19.25 per cent. The cut takes effect today. The bank's new prime will be the lowest current rate for a trading bank in Australia. Other prime ratesReuter - 60 words
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367 1986-03-18 12 Reuter THE YEN's continuing dramatic rise and the liberalisation of money markets have made capi-tal-related transactions one of the major factors influencing currency markets. The yen traded at a little over 175 to the dollar at midday yesterday after breaking that psychologically-important barrier.Reuter - 367 words
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405 1986-03-18 12 Reuter THE EXECUTIVE BOARD of the International Monetary Fund (IMF) is expected to approve a trust fund soon for poorer countries including those in sub-Saharan Africa. Monetary sources say the US$2.7 billion fund, to go before the board on MarchReuter - 405 words
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252 1986-03-18 12 Bernama THE RUSH on the US dollar in Indonesia has weakened since last Saturday, when Bank Indonesia, the central bank, cut the rate of the American currency against the rupiah by another two points, bringing it down to 1,126 rupiah. Demand forBernama - 252 words
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Article71 1986-03-18 12 Reuter UNITED ARAB EMIRATES may set up a corporation that will assume liability for commercial banks' non-performing loans and reschedule them. Nasser al-Suweidi, the managing director of Abu Dhabi Commercial Bank, said yesterday that the private sector was lobbying for the scheme of forming a bodyReuter - 71 words
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403 1986-03-18 12 Reuter THE US bond market rally could surge ahead this week, with oil producers unlikely to come up with a workable agreement to curb output and reverse the sharp slide in prices. Economists said Opec members meeting in Geneva called in principleReuter - 403 words
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MONEY AND EXCHANGES
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Article666 1986-03-18 12 SINGAPORE The US dollar closed lower against most major currencies in moderate but nervous trading yesterday. The dollar closed at 175.56/65 yen down compared with 176.75/90 in New York last Friday. It closed easier at 2.2550/60 marks compared with New York's Friday 2.2660/75 close and at 1.8920/30 Swiss666 words
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Article232 1986-03-18 12 Interbank rotes ot 3pm yesterday: Local dollars to on* unit ot foreign currency: Md Otter a r—port* US dolor 2 1620 2.1630 2 8196 •23 32 Sterling pound 3 1705 3 1742 7 3469 -56 25 Australian dolor 1 5242 1 5270 ***** -55 54 NZ dolor 1.1491232 words
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Article, Illustration334 1986-03-18 12 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet trading yesterday. Period rates were steady to slightly lower at the outset due partly to news of a 1.6 per cent drop in US February producer prices and a 0.6 per cent (all in industrial output. Thereafter,334 words
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Article218 1986-03-18 12 HONGKONG: The metal recovered yesterday on a weaker dollar to close steady after opening lower in line with weaker silver prices. Bullion settled at U*****.80/348.20 an ounce against an initial $346.60/347.10 compared with last Saturday's $347.10/60 close here and New York's $347.60/348.10. On the local market, gold closed HK$9.OO218 words
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Article326 1986-03-18 12 BA Futures EURODOLLAR futures yesterday opened firmer than last Friday's close. After opening at 92.77, the June contract traded at 92.79 in quiet trading for most of the session. It ended at 92.78. Currency futures opened sharply higher but backed off on correction following the fear of possible JapaneseBA Futures - 326 words
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Article75 1986-03-18 12 THE OVERNIGHT rale on the Singapore interbank money market rose by Vfc point from last Friday to close at 4V* per cent yesterday. The one and two-month term rates fell by 3/16 point each while the threemonth rate fell by 5/16 point. S$ Interbonk rates at 7pm yesterday:75 words
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Page 12 Advertisements
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Advertisement140 1986-03-18 12 Save up to 35 with smooth flowing Meetings on the River of Kings. -7 Bangkok's newest and most exciting venue for meetings or seminars is at the Shangri-La hotel with 697 spectacular rooms and suites overlooking the river. Take advantage of our Asian Corporate Meetings package rate for 10 people140 words
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Advertisement380 1986-03-18 12 NOTICES Ik'fti i-4'r.V *iTi I COMPANIES ACT, CAP. 1« AND (PUVATB) LOOTED (la Mwtefi' VilHliry At an Extraordinary General Meeting of the members of Ben Hva New Industries (Private) Limited duly convened and held at 111 North Bridge Road, #12-01 Peninsula Plaza, Singapore 0617 on 15th March 1906 the Special380 words
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SHARE INFORMATION
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Article, Illustration4149 1986-03-18 13 THE SINGAPORE stock market closed mixed yesterday but the Index (ell for the ninth consecutive session. Volume was moderate in spite of the fact that some remisiers stopped trading in protest over a number of issues. The Straits Times Industrial Index fell six points4,149 words
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Article266 1986-03-18 13 SINGAPORE Rises Sri Hortomoi 178 San Lot 130 140 Matraaiai SOt 80 M F Hldft 50« 112 Smf Im t Fa 138 KLIodSOt 72 Ganara* Carp 95 OUi 178 Laa Kah Mfaai 58 Pobnco Hldft 70 S P H 560 Falls 24 15 10 10 9 8266 words
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Article2850 1986-03-18 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 564 8) (5) 0 59 Alcom (0 406) Amol Steel 50« (0 6248 0 63'25) (15) 0 63 (I) 0 62 (24) 0 63 (I) 063'j (4) 0 624 B A T 22c (I 528 1 54S)C0 Berfoyo Corpn2,850 words
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Article104 1986-03-18 13 HONGKONG Fridoy 1731.0 Week ago ***** Hong Seng lnd«x Monday 1566.49 NEW YORK Friday 1607 63 Week 090 1667 07 Dow Jones Friday 1792.74* TOKYO Thursday *****1 Nikkei Average Monday ***** 52 Saturday ***** 47* Week ago 1699.83 Standard Poors Week 090 ***** 52 Friday 236.55 Thursday 233.19104 words
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Article278 1986-03-18 13 K Mooojtn prices for Mordt 18 Frst B'putra 4 14 4 19 Singapore unit Trust Second B'putra 3 67 3 72* The Commerce The Sowigs Fund S'pore Prog Fund S pore Set Fund S'pore Invest Fund S'pore Equty Fund 0 78 0 83 0 63 0 67* 031278 words
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Page 13 Advertisements
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Advertisement10 1986-03-18 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article2566 1986-03-18 14 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 MDUSTMALS Apnomoto (3.205) AMD (3745) Alcorn (0.496) (0.505) (5) 02,566 words
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Article95 1986-03-18 14 CONSTRUCTION and Supplies House Berhad: 27th AGM at 44, Jalan Gopeng, Ipoh, Perak on Friday, March 21, at 10am. THE WILKINSON Process Rabber Company Berhad: 54th AGM at No 70, Jalan Am pang, Kuala Lumpur on March 26 at 2.30pm. GENERAL Seearities Investments Limited: 11th AGM in the95 words
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278 1986-03-18 14 MBT THE LIFEBOAT FUND for the Malaysian stockbroking industry, initially set at MsBo million, may now be revised to $50 million. Stockbrokers will decide on this on April 6. Kuala Lumpur Stock Exchange chairman Nik Mohamed Din said the sum has been reducedMBT - 278 words
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481 1986-03-18 14 BARGAIN-HUNTING activities brought a spark of life to a lethargic Kuala Lumpur stock market yesterday. Speculative counters led the list of gainers and a few managed to finish sharply higher. Trading was fairly active and industrial stocks attracted investors' attention. Properties and finance481 words
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Article, Illustration266 1986-03-18 14 Reuter MALAYSIAN stockbrokers have unanimously approved several changes to the Kuala Lumpur Stock Exchange rules, paving the way for the incorporation of broking firms, exchange chairman Nik Mohammed Din said. The changes, one of which provides for appointment of a full-time corporate nominee to represent theReuter - 266 words
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349 1986-03-18 15 CHAN oi CHEE - By CHAN oi CHEE PROPERTY AND FINANCE group Grand United Holdings Bhd is talking to several Chinese cooperatives in Malaysia on a proposal which could involve an injection of fresh capital and a restructuring of the group's operations. A property development subsidiary,349 words
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Article217 1986-03-18 15 AMBASSADOR HOTEL LTD has called off its proposed M 56.17 million acquisition of a 30 per cent stake in Stephens Properties Sdn Bhd, a Malaysian property development company. Ambassador, which is now headed by former Intraco senior manager Gopinath Pillai, decided to terminate the agreement on217 words
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Article79 1986-03-18 15 MR ABDUL Rashid Abdullah has resigned as a director of Traetsra Malaysia Holdings Bhd with effect from March 10 and Mr Zahar Mohd Sharif! has been appointed in his place. THE Stock Exchange of Singapore has queried Vaa Der H«nrt about the proposed divestment of 80 per cent79 words
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120 1986-03-18 15 Bernama THE INCH KENNETH Kajang Rubber Public Ltd company may only post marginal profit this year unless palm product prices improve substantially, according to chairman C W Tresise in his latest annual report. The physical palm oil price has fallenBernama - 120 words
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213 1986-03-18 15 THE NEW BOARD of Sealion Hotels has yet to take a decision on how the group is to fill the financial hole made by one-time subsidiary Sealion Investments. Datuk Yap Yong Seong, better known as Duta Yap, the non-executive chairman of213 words
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Article629 1986-03-18 15 Current payment Ex Books Date Total for Total for date dote poyoble the year lost yeor A B N 14% NYA NYA NYA 27% 26% Aokom 5%l Mar 12 Mor 22 Apr 10 5% 15% Ayer Hitom Tm 50%l Mar 12 Mar 22 Apr 10 50% 155% BAT629 words
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Article522 1986-03-18 15 LAST FULL YEAR Company Period Date Year Net EPS Gross Net profit announced ending (cents) div lost year (S'000) Mulpha Intl Interim Aug 24 Dec 85 30 738L Worldwide Hldgs Interim Sep 10 Dec 85 0.1 4 Federal Flour Interim Sep II Dec 85 27 1 175 22,988522 words
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355 1986-03-18 15 NAJEEB JARHOM - By NAJEEB JARHOM STOCKBROKING FIRM GK Goh Securities has fired the first salvo in its attempt to get back the share scrip that was seized by European Asian Bank (EAB) last Friday. Yesterday, the broker filed an affidavit in support of its application355 words
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Article440 1986-03-18 15 HOMER CHEN - By HOMER CHEN MANY REMISIERS started a three-day strike yesterday but the stoppage was less successful than was earlier expected, judging by the volume of shares transacted. Early stockmarket volume was low with the total at midmorning amounting to less than one million shares. But by440 words
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145 1986-03-18 15 Bernama ARAB-MALAYSIAN Develop- ment Bhd (AMDB) and Best and, Crompton Engineering Ltd of India (BCE) yesterday signed a memorandum of understanding to set up Jointly an electrical engineering firm in Malaysia. The Joint venture firm will have an authorised share capital of Ms 2Bernama - 145 words
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Page 14 Advertisements
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Advertisement200 1986-03-18 14 There is no magic to productivity All you need is the right help* ACCESS has it* You can't get a proper fix on productivity. The development of information systems is uncoordinated and your data processing budget is out of hand. What's wrong? At ACCESS we think your problems could stem200 words
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Page 15 Advertisements
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Advertisement116 1986-03-18 15 Quick Budget Lunch for Busy Executives only $6/- per dish Choose from over 40 delicious Cantonese and Szechuan dishes. Best selections and special menu available to help you 30 vseaSo cate;- rsafl es aF' orn 3 ,vt a ge Charge BANGKOK BANK LIMITED SINGAPORE BRANCH U5550,000,000 Callable Negotiable Floating Rate116 words
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Advertisement81 1986-03-18 15 This announcement appears as a matter of record only. o Tiwel Service L Hong Kong US$42 MILLION TERM LOAN Rx" Xian Grand Hotel Project UNDERWRITERS AND MANAGERS Arab Banking Corporation (ABC) Credit Agricole, (Hong Kong), Ltd. Oversea-Chinese Banking Corporation Limited Westpac Banking Corporation MANAGERS The Dai-Ichi Kangvo Bank Limited Singaporeßranch81 words
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437 1986-03-18 16 Insurers may face third party liability claims of 10m to $20m PARTIES RESPONSIBLE for the collapse of the six-storey Lian Yak Building which houses the Hotel New World may have to pay out third party liability claims of between $10 million and $20 million to the victims and their relatives.437 words
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311 1986-03-18 16 A DIRECTOR of Hotel New World, Miss Ng Cheng Kee, was among the dead recovered from the debris yesterday. llie building, which the hotel shared with a branch of the Industrial and Commercial Bank and a night club, was officially known as Lian311 words
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YESTERDAY IN PARLIAMENT
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492 1986-03-18 16 MPs fear move will add to unemployment FEARS THAT unemployment in Singapore could rise with the government's proposed 10 per cent cut in manpower in the public sector over the next five years were voiced by several MPs yesterday at the start of the492 words
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139 1986-03-18 16 THE RECOVERY in Singapore Airlines's shares from $4 to $6.90 within two months came as no surprise because they were fundamentally sound, said Finance Minister Richard Hu. Dr Hu was responding to a query from Dr Toh Chin Chye (Rochore) who asked139 words
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Article51 1986-03-18 16 MINISTERS were required to pay tax on their salaries, Finance Minister Richard Hu said. Replying to a question from Mr Chiam See Tong (Potong Pasir), Dr Hu said three ministers and four former ministers who were still MPs were receiving pensions, which were paid when ministers reached retirement51 words
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96 1986-03-18 16 NEARLY 10,000 people sought the help of the Labour Ministry's Employment Service in January to find Jobs, Acting Labour Minister Lee Yock Suan said yesterday. Some 158 of them were those who had just left pre-university centres and junior colleges, 170 from the96 words
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Article, Illustration310 1986-03-18 16 A FUNDING PLAN for the Housing and Development Board which would produce a $5.4 billion surplus was put forward by Dr Toh Chin Chye, who used the Budget debate to launch a wide attack on the government's economic policies. The statutory boards' "pyramids"310 words
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145 1986-03-18 16 PROPOSALS for town councils to run housing estates would be submitted to the Cabinet soon, National Development Minister Teh Cheang Wan disclosed yesterday. As this was a new concept, he said that the team of Housing and Development Board officers involved would have145 words
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405 1986-03-18 16 JEFFREY TSANG - By JEFFREY TSANG A MAJOR exhibition and conference to help create an information technology (IT) culture in Singapore is planned for the end of the year. Singapore Informatics '86 will be organised jointly by the National Computer Board (NCB) which has taken on the task405 words
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160 1986-03-18 16 AFP A PRIVATE COMPANY trading in shares of Carrian Investment Ltd (CIL), the defunct Carrian group's quoted flagship, lost "several tens of millions of dollars" in 1981, a Hongkong court heard yesterday. A former Carrian accountant, Florence Ho, was testifying forAFP - 160 words
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254 1986-03-18 16 POLICE INVESTIGATIONS into the collapse of the six-storey New World Hotel started on the first day, Home Affairs Minister S Jayakumar said yesterday. A team, led by a senior officer, had taken many photographs at the scene and had started interviewing witnesses and taking statements.254 words
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Article112 1986-03-18 16 Reuter THE VOLUME of retail sales in Britain rose a provisional 0.1 per cent in February after a revised January fall of 0.3 per cent. The Department of Trade and Industry said yesterday that the January fall was originally given as 1.1 per cent. TheReuter - 112 words
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Article65 1986-03-18 16 SELLING gained momentum on Wall Street yesterday, wiping out half of last Friday's big gain. Declines were biggest in shares bid up in arbitrage buying late last week. The Dow Jones Industrial Average, which soared 39 points to a record 1793 last Friday, fell 20 to 1772.65 words
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LATE FILE
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Article29 1986-03-18 16 Reuter PENINSULAR Malaysia had a trade surplus of MJI.IB billion last year against a deficit of $88.7 million in 1984, Statistics Department figures show. ReuterReuter - 29 words
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Article38 1986-03-18 16 Reuter MORE THAN 30,000 workers employed at US military bases located in a Manila suburb and in the northern Philippines will go on strike today for higher wages and labour reforms. ReuterReuter - 38 words
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Article29 1986-03-18 16 Reuter A LEADING Tasmanian politician was among nearly 40 conservationists arrested yesterday in a campaign to stop Tasmanian forests from being cut down, Hobart police said. ReuterReuter - 29 words
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64 1986-03-18 16 Reuter BRITISH and Norwegian North Sea crude oil output remained at high levels during February. According to preliminary estimates by Petroleum Information Ltd, UK North Sea output in February averaged around 2.72 million barrels per day (bpd), slightly down from 2.77 million in January.Reuter - 64 words
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Article31 1986-03-18 16 UPI SPAIN will not give asylum to former Philippine president Ferdinand Marcos under any circumstances, Inocencio Arias, the chief spokesman for the Foreign Ministry, said yesterday.UPI - 31 words
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Article38 1986-03-18 16 Reuter SOME 176 foreigners captured by Angola's Unita rebels on March 1 have been freed and are safe and well in Zaire's southern province of Shaba, Portugal's ambassador, Alvaro Guerra, in Kinshasa said. ReuterReuter - 38 words
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Page 16 Advertisements
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Advertisement524 1986-03-18 16 Air Canada to fly familiat in, Paga 3 t K TIMES (CONFERENCES and The Negotiation institute ART OF ~--—i NEGOTIATING Using and Hoar to rood it, how to mm It a jrhiaitloni a Soedal ta SSauea Benefits For Your And You Find new solutions to business and personal problems Prevent524 words
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Page 16 Miscellaneous
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Miscellaneous54 1986-03-18 16 Outlook for todoy: Showers over severol areas in Hm oft •moon. Rep< ort for 24 hours prior to 7.30pm on Mor 17 ot the airport: Maximum temperature 32.4 Associated humidity 68 Minimum temperature 25.8 Associated humidity 96 Hours of sunshine 5.40 Rainfall in millimetres trocc Rainfall this month 234.6 Rainy54 words
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SHIPPING TIMES
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Article119 1986-03-18 17 A RESCUE PACKAGE is being put together to enable Unithai to operate normally. Operations of the Thai national carrier came to a standstill about a month ago when two of its five vessels operating in the Far East-Europe trade were arrested. Mr Khun Sutham Chitranukohm, board119 words
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455 1986-03-18 17 JUNE LIM - By JUNE LIM KAWASAKI KISEN Kaisha has entered into a cross-char-ter pact with EAC Lines and Mitsui OSK to operate two weekly trans-Pacific services. This is a reversal of its earlier plan to operate a weekly independent service connecting the Far455 words
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155 1986-03-18 17 Reuter EUROPEAN Community (EC) Transport Ministers made progress in negotiations over a common policy to enable the EXT to fight bade against cuts in its share of world shipping trade, diplomats said. However, their failure to discuss one aspect of aReuter - 155 words
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Article156 1986-03-18 17 Reuter KAWASAKI Heavy Industries Ltd will pay no dividend in the year ending March 31 because of the recent sharp appreciation of the yen against the dollar and the continued world shipbuilding recession, vice president Yutaka Ohnishi said. Exports accounted for 37.9 per cent ofReuter - 156 words
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PORT SIDES
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Article109 1986-03-18 17 Reuter THE BAY OF BENGAL/Japan/Bay of Bengal Conference and the Japan/India-Pakistan-Gulf/Japan conference both announced cuts in bunker surcharges, all effective March 20. The Bay of Bengal conference will trim bunker charges to Burma to 23.8 per cent from 28.8 per cent, Bangladesh to 22.4 per centReuter - 109 words
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Article140 1986-03-18 17 AP DIVERS HAVE abandoned their search for the body of a Soviet crewman believed to have drowned when the cruise liner Mikhail Lermontov sank off the New Zealand coast last month, maritime authorities said. Captain David Boyes said divers had found no trace of Pavel Zagliadimov, aAP - 140 words
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Article1161 1986-03-18 18 MODERATELY active iron ore chartering is reported to cover cargoes destined for the Continent but other sectors of the freight market are mostly quiet and rather featureless, shipbrokers said. Iron ore was arranged from Lower Buchanan to Rotterdam or Amsterdam at US$3.BO option Antwerp at $3.90 while $3.251,161 words
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378 1986-03-18 18 Lloyd's List THE INTERNATIONAL Maritime Bureau has formulated plans for the world's first international, centralised cargo loss reporting centre to combat the growing problem of maritime fraud. Mr Eric Ellen, director of IMB, part of the International Chamber of Commerce, said itLloyd's List - 378 words
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Article, Illustration172 1986-03-18 18 THE PORT of Singapore Authority received a model of its new ferry, the Sea Treasure, from Maroil Engineers and Shipbuilders. The Sea Treasure is one of four new ferries commissioned by the PSA for the ferry run to Sentosa and other southern172 words
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Article645 1986-03-18 18 AB Shpg V 5 Accord Shpg VI 3 Afea Lme VI 3 Anro Service IV 3/4 ANL I 1/2 APC Line V 4 APL W 2/3 ASCL II 1 Bolt-Canada Line VI 4/5 BaIt-Orient Line VI 4/5 Bonk Line V 5 BBS I 4/5 Ben Lme Cont645 words
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81 1986-03-18 18 AP THE PORT OF Nanjing (Nanking) on the Yangtze river will be ready to handle foreign cargo ships this month, easing the strain on nearby Shanghai port, the government news agency Xinhua said. Nanjing pory, the largest inner river port in China andAP - 81 words
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546 1986-03-18 18 Fairplay THE FIRST OF the successful SDI4 Liberty replacements were built at Sunderland in 1967 and nearly 20 years later the race for the dubious honour of being the first non-casu-alty to reach the breaker's yard must be nearing its completion.Fairplay - 546 words
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Article59 1986-03-18 18 Reuter A SOUTH Korean boat carrying 10 fishermen was missing after a collision with an unidentified ship off the southwestern port of Mokpo, South Korean police said. Patrol boats searched for the 67-ton Sangjin-Ho which had earlier radioed for help saying it was in danger ofReuter - 59 words
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285 1986-03-18 18 kingsley Wood - kingsley Wood DET NORSKE Veritas president Sven Ullring expects some change (or the better finally creeping into the world shipping scene. For the first time in many years, scrapping of ships in 1985 exceeded deliveries, the size of the world285 words
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Article214 1986-03-18 19 Reuter WORLD TANKERS laid-up for lack of employment fell sharply for the sixth consecutive month to 33.41 million long dwt (243 vessels) at the end of January from 38.22 million (267) at end-December, the General Council of British Shipping (GCBS) said. This is the lowestReuter - 214 words
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547 1986-03-18 19 Reuter TUNG SHIPPING group Is continuing to seek investor support after Hongkong businessman Henry Fok agreed to make a US$l2O million capital injection, company sources said. A source close to Tung's public arm, Orient Overseas (Holdings) Ltd), said "many plans" were under negotiation to helpReuter - 547 words
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357 1986-03-18 19 Reuter A ROW BETWEEN the Netherlands and Belgium which has delayed (or six years a scheme to improve access to Europe's second largest port, Antwerp, may be near resolution, port sources said. Dutch insistence that agreement to deepen the Scheldt estuary leading to AntwerpReuter - 357 words
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215 1986-03-18 19 COMPLAINTS THAT employees of the Port Authority of Thailand are being paid excessive bonuses are being investigated by the Comptroller-General'» Department. The Investigation was ordered by the National State Enterprise Committee, chaired by Deputy Prime Minister Prachuab Suntrangkoon. The committee, he said, felt that PATs215 words
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Article188 1986-03-18 19 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. AHRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.188 words
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Article95 1986-03-18 19 news of growing HDW concern emerged. Fairplay THE AMERICAN owner of the 53,323 grt United States, Mr Richard Hadley, is seeking US$2O million compensation from HDW because the West German shipyard pulled out of an agreement to convert the ship last year. HDW negotiated withnews of growing HDW concern emerged. — Fairplay - 95 words
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Article592 1986-03-18 20 March 18 Lecture, "Into the future with Clyde-built ships," by Mr R W S Easton, 1930 hrs (preceded by committee meeting 1900 hrs) sv Carrick, Clyde Street, Glasgow. March 18 An introduction to offshore drilling and completion techniques for the mariner, Nautical Institute (North of Scotland branch) meeting,592 words
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6361 1986-03-18 24 SOaBGXDIIB 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 of6,361 words
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Article699 1986-03-18 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO 9 Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Or Chief 47E 18 3.86 1700 Jardine F1 0800-0900 G3 Nihon 056 18 3.86 1700 Ned-EAC F7 0800-0900/0700-0800 P4/S4 Pegasus P 42 IN 18.3.86 1900 Straits699 words
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Article1667 1986-03-18 25 The leading shipping lines operating from local ports and their agents. A—• A Top Enterprises ft* Ltd Some (S) AB Shipping Bousteod Shpg Agencies Aleo line Afhcon Shpg Agencies (S) Ahrenkiel Lmer Ken Shpg (S) Alfred C Toepfer Oceanos Shipping gencies (S) Sdn Bhd (PK) AmerKon1,667 words
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Article624 1986-03-18 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Mount Sobono Pole Star Rojoh Brooke Royal Viking Sriwiiaya Stroits Pride Victory 1 Gulf Daoud Anangel Ares Auby Equator 5 Kim Soon Li Palembang Sangerhausen Si'r Chungsan W Discoverer K32 K29 K25W K9 K33 K24E K21 K28624 words
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Page 17 Advertisements
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Advertisement908 1986-03-18 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. THE BOOKSHOP OOCL Ctntaimt Line mobc shptms agenccs ni. ?*zm/ on) 70 Shenton Way #04<13 Marma House Smjapore 0207 TO *****11 TELEX NO RS908 words
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Advertisement67 1986-03-18 17 a«DB THE INTERNATIONAL Maritime Bureau has formulated plans for the world's first international, centralised cargo loss reporting centre to combat moritime fraud. Pag« II TUNG SHIPPING group is continuing to seek investor support after Hongkong businessman Henry Fok agreed to make a US$l2O million capital injection. P*g« 111 Index to67 words
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Advertisement1285 1986-03-18 17 FESCO LINES TZ-— FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA A CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE FAST TRANSIT TO WEST AFRICA SINGAPORE/LOME 27 DAYS SINGAPORE/COTONOU 29 DAYS Voy S* pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA1,285 words
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Page 18 Advertisements
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Advertisement368 1986-03-18 18 Y.S. LINE YAMASHITA-SHINNIHON LINE TftAMS-PACriC SERVICES STRAITS FEEDER Pacific South Waat Fwdw at Tokyo Atlantic/Canada Faadar at Kobo li'.v I HTM FT* rnMM oi9iinß9innrHiacniL i L. I BPMniBM IEOiiFJMI-a PTTrMFaB7a r > ni4, 'iiiUMiSMnM rr*""^—rrrTTTr« fT~— rrru rv LLi_ J II ME3 imimki mmm TRANS SIBERIAN SERVICE Weekly Container Service368 words
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Advertisement233 1986-03-18 18 Supercarrier Service n/t mi V 4 7/4 14/4 17/4 21/4 25/4 NUT ARRIVALS BARK* TAMPA 27/3 TO: CALIFORNIA PANAMA US ATLANTIC US QULF E. CANADA /4 2/5 /S 12/5 /5 22/5 /5 3/4 7/5 1/5 11/5 17/5 11/5 27/5 21/5 2/4 4/4 5/5 IC/C Mm acopM* ca*i to Hi «U).233 words
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Page 19 Advertisements
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Advertisement949 1986-03-18 19 The Straits Steamship Group occ Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINERSHIP SERVICE TO UK CONTINENT unroot mt order express KOMOOH MT an or a— qi FRAMFWT am touo anea s-para Plata* 22/3 24/3 27/3 29/3 04/4 #4/4949 words
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Advertisement625 1986-03-18 19 Franco Belgian Services fSs I r. I- <•. r,,.. «M.t I MFMBER OF ACE CONSORTIUM! TTT" m> pjsuw u mm rtm am com mo it Mr (17 mo 17 Apr m Ct MB »Mr (24 1« Apt IS Apr MS CCRTMR 2 Apr (31 Mr) 21 Apr 22 Apr mi625 words
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Page 20 Advertisements
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Advertisement570 1986-03-18 20 Hapag-Lloyd^ TO CONTINENT/UK EXPORTS Wand haulage to Wand tetkufan in Europe TO EUROPE/MED S'pvt niatauPMw* Gmm Mm Ofc»»» <"»■» Dm* Brtrnm 24/3 27/3 21/3 22/3 4/S 27/4 EHu Mduncn 12/4 14/4 5/5 »/5 13/5 FROM N. CONTINENT &UK IMPORTS trtet Blwnm Mm lakawt $"ta» kmmf NHttato 00. KB m, mt570 words
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Advertisement132 1986-03-18 20 1 LINE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member of the Are Consortium fROM EUROPE VIA SUEZ A Member of the Are Consortium MBIT* CWF 471 K7TVC arm* ix llliv iUNIfIINiRIMI" Id fRt'M NORTH SMIRU'A rtfSl COUSI •n*/wmo nasi OCM47C/m u KJJ 32E/KNO HI NC 33C/PLT m CONVENTIONAL SERVICE132 words
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Advertisement379 1986-03-18 20 /Iff Wai Sun Hup Co (Pte) l td TEL *****06 (20 Lines) TLX RS ***** F RS ***** 1 INTERMARITIME LTD K (mMi (Sab Atmt) T* *****0 Jakarta (Safc ftfwt) Tot *****1 REUNION/SOUTH AFRICA SERVICE WALLENIUS LINES 1 j; I=< ,M: T-fj:'". i T*r [IP ISOUTHAMPTON/FOS/SA VONA ETA SPORE ETA379 words
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Advertisement672 1986-03-18 20 o EVERGREEN Full Cortsinpr ServcP Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) scr «6 ksg klc ns on no Cffl aotf a/3 24/3 a/3 27/3 34/3 1/4 1/4 Ml OMNTEWt LMRMG 23/3 27/3 a/3 31/3 1/4 3/4 4/4 EVO OFTEO 31/3 3/4 4/4 4/4 9/4 11/4 12/4 Ml GOOD 3/4 7/4 S/4 11/4672 words
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Advertisement191 1986-03-18 20 US I NOSE MARITIME PTE LTD Vfiri ISLAMIC REPUBLIC OF IRAN SHIPPING LINES TTTTTT KYOWA LINE TO PAPUA raw GUINEA/ SOUTH PACIFIC 12/4 1/5 Lm, Orafeay, P.Mfiifcy, m-i- > -L —i nmari, vutu, mm layi, Lm, PHwitfcy, SUN UNION LINE LOW F» tH taiyo marine line WEST AUSTRALIA SERVICE VSI191 words
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Page 21 Advertisements
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Advertisement754 1986-03-18 21 PACIFIC INTERNATIONAL LINES \V\ Pll Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VESSEL OOWA HOT A SIMQA MAJAPAMT SIN JKT MT 8W 21/3 22/3 25/3 27/3 2S/3 30/3 1/4 13/4 14/4 17/4 20/4 •TCH TAJCHUNG *MUR "ft *ST 'lV4 C "/4 a/4 10/4 11/4754 words
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Advertisement612 1986-03-18 21 BENLINE CONTAINERS 3TE3B STOK mtLWC 22/3 24/J 77/3 29/3 9/4 It/4 12/4 11/4 15/4 14/4 IV4 17/4 11/4 It/4 4/4 t/4 12/4 14/4 2t/4 22/4 27/4 21/4 24/5 31/5 1 </< 1 l«/ 5 21/5 EXPRESS COKTMKE* SERVICE 21/1 22/1 24/1 E*m> bM M In SaM SM 11/3 It/3 21/3612 words
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Advertisement517 1986-03-18 21 DJASAGETRI A Joint Europe Sorvtoo Of p.t. bjwuutta lloyo p.t. mm hot P.T. SMNKRA nmu P.T. TBtKOiA ILOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pat TALQOANG V 498 17-19/3 KUTM nm 27-30/3 StMIIMK mm 4-5/4 CMSA CMM VISHB 20-21/4 L I. BONTMK m 3-5/5 OCEAN raw V4«B (4/5 12/4517 words
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Advertisement310 1986-03-18 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Um) Loadmf for Rangoon BANK LINE si jf:. 313 SPORE R'DAM HULL HMIG 25 Mar 20 Apr 25 Apr 29 Apr HYUNDAI MERCHANT MARINE BULK TIMBER AND PLYWOOO SERVICE USA SERVICE PAQFIC/GULF/ATLANTIC MKTS S port Momm Tf. Mm L4| far MM M/310 words
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Page 22 Advertisements
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Advertisement1117 1986-03-18 22 JM !»i fi /CHILE Mono vs. V2t TW V3l Li K LINE KAWASAKI KISEN KAISHA, LTD. m 9m KQK suataqur cauao anca dhqk masasta sahtoirovaimraiso 23 Mv 25 Ma Apr 23 M>t Mlfcj »Nq 2llhf CENTRAL AMERICA/CARIBBEAN SEA ma «i Nona vs. frig m vac Ri. mtjrruo acamrco n QMETZALAOAmA1,117 words
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Advertisement514 1986-03-18 22 0 INDIA SERVICE Accepting FCL Contiintn Mid Convtfittooil CiffO SMcaporc PMm Pen** Loatof lor USA ATLANTIC/EAST CANADA SERVICE Accepting FCL/FCL Container* tar New Tat. Jjinwti Ml«n. Charleston. Ni»gN« Ae« (Mum. Mw>»* St Ma. Trata FMdd PAetoi* Smppore I met Vtssel Madras New Tori tSTtam* 21 Ahr VESSEI 1 Apr 11514 words
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Advertisement630 1986-03-18 22 GOLDEN LINE OMN GUM SWmC (PIE) LTD 23. TMi «r» few* SMuraH 0104 m utjtu (it u») STRAITS/PERSIAN GULF SERVICE: s >" PMUn 601DW art Goto***) rßmdi Mt UnH Ommmi* I*M» GOIKII NIVEN Cototnto Mrxhi Data/Owmjm Apr U1 24/ I MNE owe 1/4 CM OCRS 1/5 kvkm 14/4 21/4 14/J630 words
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Advertisement380 1986-03-18 22 f INTRASEA (PTE) LTD UJI 10 Anson (toad =?7 Ife Interna' S 0207 Te '< .."*»•> BREAKBULK SERVICE TO EUROPE/UK *5b»»" I 2244U1 71X711 PHILITRON SHIPPING AGENCIES PTE LTD If I ??.J8b?? (B I INtS) THI* RS ?8 7?0 PHIII MA a/U/4 12/4. U/4. 24/4 m a/i a/i. A/i a/i380 words
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Page 23 Advertisements
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Advertisement763 1986-03-18 23 Jm NOL NEPTUNE ORIENT LINES LTD Spoir IOTUNE AGENCIS Ml. LTD IM No Ten-al CfS 60<*MS *****77 KM/MSI *****77 *****22 *****53 M OMCI IMS *****53 2715 I Bakrv HMPCR MA SOU BHD 2361 M f Man, HABPEB WW SDH BW> *****1 3W241 P U„ HOfCT WW SOU. WD *****2 Pen-,763 words
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Advertisement368 1986-03-18 23 24/3 WPIIIH *1,1 Ni l*\ PU l ID Irt //4W/ //***** Hnnk«i f s .VI.'O?? <(lpei.|lt«m I \>OVA4 11'irtwin. i'-a icisj Ml >• I li.lftt I IN• St ll* SDN RH(t Rl Irl FH IH IXV.M UN Ul (fiM/S Ih 1 v;v CEYLON SHIPPING CORPN National Line of Sri Lanka368 words
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Advertisement920 1986-03-18 23 SINSOV SINGAPORE SOVIET SHPPMG CO PRIVATE LTD SttSOV BULDMG 55. ftbrtet Street 0104 Telephone Numbers *****3 (15 Linn) Cable Address SMSOV SM6APORE Tetei Nunbers K ***** RS ***** IB ***** P KELANG M/S SHMHMT NAM SOON SON. M>. IST ANO 2ND FLOOR. NO 1 JALAN CEMPENWG PORT KLANG MALAYSIA TH920 words
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Advertisement100 1986-03-18 23 3' K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Som«r»«i Road *06-01 Ng T»o* Yh»« DicJg S pore 0923 Tel 235 8444 j4 linns) Pi-ft i »'if Tip.? P.ru S'vifipmf Siln Rhii Irl 03 3890. 7 4 S InnsfHwt ltd I*l 04 Viippir? A f »iii ips100 words
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Page 24 Advertisements
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Advertisement378 1986-03-18 24 KCL REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) TM/IM irviEnn 55N THu/Fri 1 27-28/3 |Sw 1 30-30/3 2C4N UN izeii n »|gTTH I "^TSTTZI THAILAND SEA FORTUE limrrr |i Mr.'.i I'.ii.'.i:: MALACCA STRAITS \TZMM j i II 1 "Jiii 11 .TaigjgKfliiMrrTngni art tacal) tar n/m PORTMIAM, f ARYS MARITIME378 words
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Page 24 Miscellaneous
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Miscellaneous184 1986-03-18 24 pa Eg hkVW rr Regional Weather SEP J m m <c w J mm v y/,w O 35 LS 55 X SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND °C cT w Wind direction with speed in knots Wove height One haW Heche represents 5 knots R184 words
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Page 25 Advertisements
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Advertisement94 1986-03-18 25 MM* *****55/*****M/*****45/*****93 *****1/4 TOMML 3H3SI/2 *****2/*****3/*****4/C***** *****3/*****5/*****1/*****0 22fKS/22USS/*****S *****22 FAR EAST/EUROPE CONTAINER SERVICE II 'if.'.'-MtTffTf II \l". IHTTI H33E818 II ,J"WT7TTTB iu i.-ykfm [ftl IWfMITTTT-"■ITHDTTIITTI ry rnrrpi ptihtttm FTMPI ■azzu emu KC^Bll.: ".'BPinTTi nTTTII HTTf nmnmm PirTMPMIFMrTTTTiTTI M.SO ACCEPTMC FOR' AMTWRf, L. HARVE, UK. NEMEM, COPENHAGEN, OSIO ALSO ACCEPTWG FROM94 words
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Advertisement88 1986-03-18 25 OK> IMjOML FOmai TMOt TMICW»T»TWI COP Singopore/Chino Direct Service Jp" l*** f MV RMCMC a-»/l W a —*mq» m Ml* M ft" I»*III_W»W M ROOK M mMh *gg»»/*«g«g Cg WMct ■iniwim Ocwts WW CHIAO BHWPMO AQEWCY PTE LTD T*fc 2MCMI/2 Tl*: 3337* COLUMBUS LINE REEDLREI GMBH fKPRfSS SfMl CONTAIN!R SIRVICf88 words
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Advertisement60 1986-03-18 25 Scan Dutch V TO RED SEA-MEDITERRANEAN VESSEL T SINGAPORE JEOOAH AQABA LATTAKIA LIMASSOL CASABLANCA FROM EUROPE S) MTSEILLES FROM RED SEA-MEDITERRANEAN FROM JAPAN-TAIWAN-HONG KONG rrroirr^ ■jNPV; i'. L 2 dsi ■MMti Ts m* Nedlloyd EAC OFFICE BOOKINGS TERMINAL CFS OFFICE BOOKMOS TERMINAL PORTKELANG: *****1/7 *****1 *****1 SPORE: *****89 *****95 *****8460 words
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Page 26 Advertisements
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Advertisement331 1986-03-18 26 V- ,jjy IffC MitsriOSK Lines Lid CONVENTIONAL/SEMI-CONTAINER GLORIA PEAK 30 Mar Port Louis, Reunion KRITI GARNET 1 Apr Mombasa, Daressalaam, Tanga, OCEAN ELITE 15 Apr Mombasa. Daressalaam ASTRA PEAK 24 Apr Port Louis, Reunion AFRICA'S NO IJ ,\ti r M [OtlA MARIS OTTER HAYAKAWA MARU S A. VAAL NED COLOMBO331 words
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