The Business Times, 28 March 1986

Total Pages: 26
1 26 The Business Times
  • 13 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, MARCH 28, 198 C 75 CENTS
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  • 612 1  -  By NAJEEB JARHOM UNITED OVERSEAS BANK and Overseas Union Bank have joined DBS Bank in recording an almost identical double-digit drop iii their group net attributable profits for 1985. United Overseas group's bot-tom-line profit fell 27.9 per cent to $99
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  • 309 1 BARRING last-minute differences, Muslim and Christian political leaders in the east Malaysian state of Sabah will sign an agreement this week to stop sectarian strife, said the secretary-general of the ruling 11-party Natioual Front coalition, Mr Ghafar Baba. He said Prime Minister
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  • 489 1  -  Information required to assess training needs By SOH TIANG KENG Financial Correspondent THE GOVERNMENT is stepping up efforts to promote an active market for government and corporate bonds. A survey is being carried out by the Monetary Authority of Singapore to determine
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  • 207 1 THE SHIPPING Corporation of India (SCI) yesterday signed a U5534.2 million loan put together by the Singapore branch of the State Bank of India and five other banks. The loan will be utilised partly to finance the company's acquisition of 12 bulk carriers
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  • Article, Illustration
    49 1 LEE lACOCCA was recently tossed out as the chairman of the Statue of Liberty-Ellis Island Centennial Commission. But the chairman of Chrysler Corporation is not taking that lying down. Find out what he thinks about Washington's double standards in Straight Talk, published in this Monday's Management Page.
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  • 51 1 Reuter CITICORP has moved the Asian-Pacific headquarters of its investment banking sector to Tokyo from Hongkong. Vice-president Vincent Joyce said the decision, involving the move of five senior supervisory staff members next month, "is a reflection of the liberalisation and growth potential of the Tokyo market".
    Reuter  -  51 words
  • 345 1 PROFIT-TAKERS dominated trading on the Stock Exchange of Singapore yesterday, pushing share prices lower throughout the day. The market eased for the first time in six sessions. The BT Composite Index fell 5.63 points to 499.28 while the Straits Times Industrial Index dropped 11.11
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  • 502 1  -  By MARTIN SOONG SINGAPORE AIRLINES could finance the complete purchase of Boeing long-range jumbo jets from its own resources, but is ready to tap capital markets for finance. The US$3.3 billion order for 14 Boeing 747-400 aircraft, and options for six more, signed yesterday
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  • Page 1 Advertisements
    • 167 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM There will be no BT tomorrow. Publication will resume on Monday. Another Specialty only from Dragon City. jHHHHH Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive M service, so reminiscent of traditional Chinese hospitality and
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    • 236 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSBWOROS TV RADIO BRISTOW DOONESBURY OUR VIEW THE GOOD THAT IS COMING OUT of the current recession is not hard to see. Children affected have discovered new values in their parents and friends, in hard work, in money. The maturing process forced
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    • 107 1 MINOLTA EP3SOZ Full roport, Pag* 13 Int'l stocks, Pag* 10 Asian stocks, Pag* 11 4V V II f You pay less asa "Fiist-Home Owner" Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now. if you're buying your first private home, you can get a
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  • HOME NEWS
    • 318 2  -  By LISA LEE THE PINETREE Town and Country Club has cut its membership fee by $10,000 to $15,000 in a bid to round up more members. This 40 per cent cut took effect from the beginning of last month. The corporate membership fee, which was
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    • 259 2 BREAKDANCERS, thoroughbred horses and a sexy lady in a Rolls-Royce shared the limelight yesterday at the official launch of Singapore Airlines's first Boeing 747-300 Big Top Combi. They appeared from the "tummy" of the aircraft in separate pallets and took turns to entertain guests and airline
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    • 143 2 WOMEN and the workforce is the topic for a forum to be held by the Association of Women for Action and Research (Aware). The forum will discuss recommendations by the manpower subcommittee of the Economic Committee to get more women into the workforce. The strategy involves
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    • 134 2 THE USES and costs in fibre optics the "glamour communications technology of the 80s" will be the focus of a training seminar to be held next month in conjunction with Commu nicasia, the communications exhibition. Integral Fibre Systems Pty Ltd, a leading Australian company
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    • 317 2  -  By BRIAN GOMEZ THE INTERNATIONAL community "will face a very difficult third oil shock" if oil prices remain in a slump in the third quarter of this year. Professor Jean Masseron of the Paris-based Petroleum School of Engineering said on Tuesday
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    • 363 3  -  By GOH YEE LING FLAT DRINKS bubbled last year, but sales of fizzy drinks feU flat. Figures from the Department of Statistics showed that production of non-carbonated drinks totalled 73,175 kilolitres, up 7.7 per cent from 1964, although still below the all-time
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    • 515 3 INDUSTRIALISTS have been invited to "steal" ideas from engineering students and the 50 projects they will have on display at a Singapore Science Centre (SSC) fair next month. The projects to be exhibited at the technology fair are by final-year engineering students from the National
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    • 262 3 PETER SEK has been appointed manager of the International Airline Passengers Association's newly established representative office in Singapore. Mr Sek has 16 years' experience in the travel and tourism industry. LAURI PALOHEIMO is now business development manager of Kansallis-Osake-Pankki's Singapore branch and the merchant bank, Kansallis International
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    • 214 3 THE INDUSTRIAL Arbitration Court has again found some personnel officers still wanting in knowledge of labour laws. This shortcoming had been brought up by the lAC in previous years. In particular, they lack a proper understanding of the Employment Act on
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    • 81 3 "A MASTERLY combination of different surface finishes and graphic patterns" has won an award for the architects of Goldhill Square in an Italian architectural contest. Architects Ong and Ong were awarded a special mention at the Marble Architectural Awards East Asia, the results of
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    • 259 3 HYATT HOTELS and Polaroid Singapore Pte Ltd are saying "cheese" together from Monday. Hyatt Regency Club or suite guests who spend a minimum of two nights will receive the latest Polaroid 635 camera and a pack of film. And if they wonder
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    • 91 3 THE CHARTERED Association of Certified Accountants, Singapore branch, is organising a dinner-talk with the theme, The Singapore Economy New Directions. The talk, which will be held at the Tanglin Club on April 17, is to be given by Dr Hank Lim, a senior lecturer
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    • 364 3 Seminars and Courses :c < if Tel ***** Tlx RS ***** Fax *****66 A DURATION TITLE VENUE ORGANISER TELEPHONE Apr 8-9 Customer Relations Skids Workshop SIM Conference Room Singapore Institute of *****66 Apr 9 Diploma in Management Marketing National National *****34 (commencement date) and Sales Management Productivity Board
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  • Page 2 Advertisements
    • 251 2 Thai's European flights are going fast! i m n sat Circle ess Bangkok \VNsJ v ✓/sn Copenhagen, Athens, Frankfurt, Rome, Zurich, Amsterdam, Paris, London. For some very good reasons! Thai has been making flights to Europe a much more rounded experience for the traveller. We've eliminated over two and a
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    • 91 2 50... YOU THINK YOU KNOW All ABOUT Business MONTHLY M Bikers may bf •f Ihe way l« ffftvrrj THERE'S NOTHING I f, THEN ANSWER THESE QUESTIONS: Could bikers be pointing the way to economic recovery? Are Singapore private eyes a match for the Moriartys of the Computer Age? Is 9-to-5
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  • Page 3 Advertisements
    • 24 3 WORLDW/DECOUR/ER Changing the way the world does business. MADRAS on AIR-INDIA'S EXECUTIVE CLASS V Simply First Class fi /'if Where You Are The Maharajah
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    • 117 3 r A, At Pete's Place, we know that during the day you like to put your nose to the grindstone. (It's also one of our favourite tricks.) So come lunchtime, you don't want to waste time waiting for your lunch. Our staff are very fast, and they'll serve up a
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  • OVERSEAS
    • 387 4 Petroleum exporters' purchasing power curbed Reuter SLUMPING OIL PRICES will cut costs for importers and should improve international trade, but this alone seems unlikely to restore the prosperity of earlier decades. In an annual assessment of world trade and economic developments in 1985,
      Reuter  -  387 words
    • 264 4 UPI ATLANTIC RICHFIELD Co president Robert Wycoff predicts that US oil production will decline 10 per cent per year, beginning this year, and lead to increased American dependence on foreign oil producers. The collapse of world oil prices means that American
      UPI  -  264 words
    • 284 4 AP FRENCH President Francois Mitterrand, in the first hint of a hitch between himself and the new Conservative government, said at his first working meeting with the new Cabinet that he would not sign decrees which do not bring about
      AP  -  284 words
    • 353 4 Reuter SOVIET LEADER Mikhail Gorbachev has proposed that both superpowers remove their navies from the Mediterranean in the wake of this week's US clash with Libya. This latest Kremlin public proposal for reducing US-Soviet tension came on Wednesday during a banquet speech to visiting Algerian President
      Reuter  -  353 words
    • 238 4 Reuter MOVES BY BRITAIN'S Labour Party to expel alleged members of a banned Marxist faction collapsed in disarray on Wednesday when left-wingers in the party leadership walked out of a disciplinary hearing. Party leader Neil Kinnock said seven members of the National Executive Committee
      Reuter  -  238 words
    • 430 4 Reuter BRITAIN'S Chancellor of the Exchequer, Nigel Lawson, said he is perfectly content with the existing pattern of exchange rates, but said the yen should perhaps appreciate further. Testifying to a parliamentary committee, he said although the government has no target for sterling, this does
      Reuter  -  430 words
    • 183 4 AP US SURGEON GENERAL C Everett Koop has predicted that the cigarette industry will vanish within 20 years. "I really believe the days of the cigarette industry are numbered," Dr Koop said at a health conference in Atlanta on Wednesday. "Despite mergers and buyouts, the
      AP  -  183 words
    • 788 4 ARRIVALS Operator Service Local From number time SV SV399 1045 CGK OA GA960 1100 CGK SIA SQI05 1105 KUL SIA SQ20I 1145 CGK THAI TG403 1155 BKK SIA SQ191 1155 PEN CAAC CA395 1200 HAK THAI TG4032 1210 BKK SAS SK97I 1215 CPH/BKK MAS MH682 1230 KCH
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    • 402 5 FT INDONESIA has publicly defended the development component of its current budget despite falling revenue from oil sales. Development Minister J B Sumarlin stated that all development projects in the 1966-87 budget would be implemented, regardless of the oil squeeze. However,
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    • 92 5 UPI MALAYSIA will maintain oil production at 510,000 barrels a day and has no plans to slash further the price of its crudes to ensure sufficient funds to finance essential development projects, a top government official said. Minister in the Prime Minister's Department, James Ong-
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    • 116 5 AFP US DEFENCE Secretary Caspar Weinberger will leave Washington on Monday on a five-nation AsianPacific tour. The Pentagon said on Wednesday that Mr Weinberger will be in Seoul on April 2 and 3 to head the US delegation at the 18th session of the US-South Korean
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    • 203 5 UPI CHINA, once regularly devastated by great famines, is warning its people to go on a diet and cut down on big dinners. The official Xinhua News Agency said on Wednesday that according to nutrition experts and doctors attending a conference in Beijing, rising
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    • 154 5 Reuter MORE THAN 1,000 South Korean Christian ministers called on government and opposition politicians yesterday to end their confrontation so that the country could face what they called a North Korean threat. The clergymen said in a statement issued after a Seoul prayer meeting:
      Reuter  -  154 words
    • 442 5  -  By FLORENCE CHONG FOREIGN INVESTMENTS from Asia have been credited with bringing a new dimension to property investments in Australia, according to a study published this week. The Australian Institute of Urban Studies says the rising tide of Asian involvement in real estate has
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    • 580 5 Reuter THE YEN'S recent surge against the dollar may be a blessing to Japan's economy in the long run, once its exporters recover from the initial shock, economists said. The strength of the yen, which has risen about 26 per cent
      Reuter  -  580 words
    • 261 5 UPI THE US Supreme Court said it doubts Japanese TV makers conspired to drive American companies out of business, handing US companies a major defeat in their 15-year battle against electronic imports. The court, on a 5-4 vote, reversed a ruling by the third US circuit court
      UPI  -  261 words
  • Page 4 Advertisements
    • 228 4 Good connections within Europe were already shaping up in Switzerland 2000 years ago. vr'sU'ji -w /T-/ T,< 9 N V m** -4* 'f J v» rff s vv NC m VT "v VST *>ft» «3 TS #ii p®*v v-x v > m a '^h* X; v'.*4r"t" y* v i "T»~
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  • Page 4 Miscellaneous
    • 54 4 Doonesbury fi I v > v X :9MIJ WGREAT-GREAFGRANDPAFVUGHT turn SAM HOUSTON. HEUASTHE FIRST TO FARM IWS SPREAD. MY PAPPY HJAS THE LAST. LOST ALL THE '30*. H BY GARRY TRUDEAU BUT ITS STILL PARI .DU,&frrr,/HR.peMjrm u/hat err about iHts lanp THAT MAKES TT SO SPECJALTD YOUR. FAMILY? I.V fi
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  • Page 5 Advertisements
    • 187 5 NOTICE BATBACO MABVELOB PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 185 that a Final Meeting of the Members of the abovenamed Company will be held at 36 Robinson Road, #05-01/02 City House, Singapore 0106
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    • 568 5 THE JAZZ IN SINGAPORE JAZZ. EXCITING, VIBRANT. HAPPY, JAZZ. MELODIC, IRRESISTIBLE. NOSTALGIC t JAZZ. SOMERSETS BAR AT THE WESTIN PIAZA HOTEL PROUDLY FEATURES, DIRECT FROM CHICAGO, JAZZ AT lIS BEST THE EI DEE YOl NC. TRIO W ALLACE BURTON ON PIANO. ISAAC REDD HC)LTO\DRUMS, AND THE INIMITABLE ELDEE YOUNG ON
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  • AIR CARGO
    • 523 6  -  By BRIAN GOMEZ AIR CARGO ACTIVITIES at Changi Airport managed to buck the downward trend in the Singapore economy, with the total quantity handled by 73,223 flights rising a marginal 2,082 tonnes to 300,019 tonnes. Outward bound air cargo only dropped 1,580 tonnes to
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    • 473 6  -  By SHAHRIR ARIFF AIRLINES and associated services within the European Community have been urged to adopt a multi-ac-cess approach to electronic data processing (EDP) to improve cross-border trade, especially for surface and air movement of goods. The multi-access or "community" approach
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    • 249 6 BRITISH AIRWAYS brought together 120 cargo specialists from its worldwide network for a recent two-day conference in London on the theme The Plus Factor. They were briefed on a £10 million redevelopment programme involving cargo centres throughout Britain, in addition to expanded trucking services.
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    • 163 6 AIR CANADA has initiated an all-cargo service from Toronto to Bombay via Prestwick, in the UK, and Brussels. "Bombay brings us one step closer to an around-the-world freighter service," Mr Bernie Miller, vice-president (cargo) for Air Canada, said. The airline, which operates
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    • 228 6 ARRIVALS DEPARTURES Operator Flight number Local tint* From Operator Flight Locol time Foe FRIDAY FT FT7I 0110 JFK/ORD NW NW906 1035 HKG/NRT/ ANC/NRT LAX/SFO MNL/TPE KAL KE697 0200 BKK/ FT FT71 2355 JFK/ORD (SEL) ANC/NRT KAL KE698 0200 BKK/ TPE (SEL) JAL JL615 0945 KUL FT FT76 0250
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  • Page 6 Advertisements
    • 759 6 ii Keppel Shipyard limited (Incorporated in the Republic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1985 The Directors of Keppel Shipyard Limited advise the following audited results of the Group and the Company for the year ended 31st December 1985 With the deepening of global shipping
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    • 362 6 Far East Levingston Shipbuilding Limited (Incorporated in the Repubtic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1985 OF THE COMPANY AND THE GROUP The Directors of Far East Levingston Shipbuilding Limited wish to make the following announcement IMS SSOOO Production Revenue Operating Profit Investment Income Net Interest
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  • BANKING AND FINANCE
    • Article, Illustration
      759 7 SINGAPORE The US dollar closed lower yesterday against most major currencies but trading was thin throughout the day due to lack of fresh factors and ahead of the long Easter weekend. The dollar weakened to a late 1.9455/70 Swiss francs from an early 1.9535/45 and New York's 1.9520/40
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    • 312 7 Asian market ASIAN DOLLAR deposit rates closed slightly lower yesterday compared with Wednesday's level, after a day of quiet trading. Dealers said good demand for US Treasury's auction of seven-year notes on Wednesday and prospects of lower inflation due to cheaper oil prices also depressed sentiment. One month closed at
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    • 378 7 BA Futures EURODOLLAR futures opened with a bullish tone yesterday. June Eurodollar opened at CME's high at 92.84 and was quickly traded to a high of 92.88 as several buy-stop orders were triggered. Liffe opening saw the June contract edging higher to 92.90 before closing at 92.89. Currency futures
      BA Futures  -  378 words
    • 120 7 THE OVERNIGHT rate on the Singapore interbank money market fell by Vi point from Wednesday to ci<>- at 4H per cent yes- !•>,. one, t*o and threemonth term rates remained unchanged across the board. f S$ Interbank at 7pm yesU OH«r "N rates »rday: Overntght 4 5/4 4
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    • 242 7 Interbank rates at 3pm yesterday: Md Odor ci rooo parity change Local dollar* to on* unit of foreign currency US do»ar 2 1755 2 1765 2 8196 •22 84 Sterling pound ***** ***** 7 3469 •56 31 Austrafcon dollar 1 5478 1 5507 3 4286 -54 86 NZ
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    • 215 7 HONGKONG: The metal closed steady yesterday In moderately active trading mainly on position squaring ahead of the kmg weekend. Bullion ended at U*****.30/70 an ounce compared with New York's 1344.60/345.100 close and the $36.10/50 finish here on Wednesday. On the local market, gold closed unchanged at HK53,207 a tael.
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    • 336 7 Reuter FALLING COMMODITY prices have forced Western banks to reassess lending policies to Asia's main sovereign borrowers, once the darlings of the syndicated loan market, bankers said. However, they said, most of these countries will continue to borrow at favourable terms this year as
      Reuter  -  336 words
    • 220 7 STANDARD CHARTERED PLC has entered into agreements to increase its shareholdings in the Mocatta group of companies to 80 per cent for a cash sum of US$llB million, which will be provided from the general resources of the company. A statement
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  • Page 7 Advertisements
    • 88 7 At our breakfasts the waiters are not the only ones taking orders. We've seen many a deal closed over a smoked trout and caviar petit dejeuner. We work on the business principle that Where breakfast can be the mostprofitabb meal of the day 1 it is never too early in
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  • FEATURES
    • 517 8 THE DAY which commemorates the death of Jesus Christ, his followers call "Good Friday". Christians, to those who do not understand them, appear to have a rather warped point of view. Would it not make more sense to call today "Bad Friday" and Easter "Good Sunday"? Why
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    • 1476 8  -  Exchange between PM Lee and Jeyaretnam In Parliament recently, the member for Anson, J B Jeyaretnam, questioned the transfer of Senior District Judge, Michael Khoo, from the judicial .service to the legal service in the Attorney General's office. By doing so, a number of
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    • 797 8  -  By EDWARD ROBY UPI THE EARLIEST railroad trains promptly found themselves on a collision course with medical science. Physicians warned that passengers hurtling at triple the speed of a horse-drawn buggy would certainly go mad. Sure enough, 19th century society did go
      UPI  -  797 words
  • Page 8 Advertisements
    • 36 8 Perfect network gslß-E? T.K m r Lufthansa cargo routes to 147 destinations within 80 countries and 6 continents, together with German Cargo Services to the rest of the world. Lufthansa Cargo z 55 cx i i
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  • Page 8 Miscellaneous
    • 188 8 \;?$;@"''$*(^!>]&\|"$}`<+{|$|{. CRYPTIC PUZZLE ACROSS 4 Disinterestedly shoulders no responsibility (6) 7 It serves a stirring purpose (8) 8 Where to monkey with bees? (6) 10 Each letter's true (5) 13 In o natural stote of anger? (4) 14 City right for opera (4) 15 She's all wrong about love (4)
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    • 481 8 starving in? (6) 9 Spots some playing cards (6) 11 A special day to get cross ond be annoying (3) 12 Flashy felow to rob, possibly (5) 1 3 Think the world of the mayor? (7) 15 Green ond pleasant land (3) 16 Sentry go? (3) 18 Unique system of
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  • SPORTS
    • 500 9  -  By WALTON MORAIS AT ABOUT the halfway stage of the Premier League golf competition, the most startling aspect is that Sentosa and Seletar are still up there among the leaders. Sentosa holds a two-stroke lead over second-placed Sembawang while Seletar is third a further six
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    • 412 9 Reuter LEISTER PIGGOTT, taciturn genius of the saddle, picked the ideal biographer in thriller writer Dick Francis. For Francis's spare and crisp prose perfectly captures the laconic Piggott, whose longest post-race comment to reporters was often a grunt followed by a sardonic smile. Francis first
      Reuter  -  412 words
    • 342 9 Reuter A RASPING 67th minute shot by Chris Waddle set England on the way to an impressive 1-0 win over fellow World Cup finalist Soviet Union in Tbilisi on Wednesday. The Russians, whose 18match winning run on home soil stretched back to November 1979 during which
      Reuter  -  342 words
    • 127 9 AFP ARGENTINA looked anything but potential World Cup winner as it had highly-rated striker Claudio Borghi sent off in losing 2-0 to France in a Mexico finals warm-up match at the Pare Des Princes in Paris on Wednesday. Borghi, a man who could be playing on this same
      AFP  -  127 words
    • 105 9 Reuter SPAIN ENDED its World Cup preparations with a convincing 3-0 win over fellow finalist Poland on Wednesday. The host took a lucky lead after only 20 minutes when a shot from midfielder Michel Gonzalez from outside the penalty area was diverted by striker Emilio Butragueno's
      Reuter  -  105 words
    • 805 9  -  By RONALD KOW FEW PEOPLE will doubt that no-one in Singapore's present Malaysia Cup soccer team deserves to be called THE star player more than top-scorer V Sundram Moorthy. In the first game of the season, against Negri Sembilan at the National
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  • Page 9 Advertisements
    • 518 9 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Directors hereby announce the following AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1985 1985 Company Group SS'OOO Company ssooo lncrease/(Decrease) Company Group Total Income from Operations Operating Profit/(Loss) before Taxation and Extraordinary Items Income Tax Operating Profit/(Loss) after Taxation
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  • Page 9 Miscellaneous
    • 1191 9 W QUID [SMDUD HOLIDAY NIGHT MOVIE Passion Flowsr 10.30 pm, Channsl 5 What everyone who read about the filming of this movie on location in Singapore last year has been waiting for. Watch as Bruce Boxleitner hot-foots it around our tourist spots dutifully sharing the limelight with the Raffles Hotel
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  • INTERNATIONAL STOCKS
    • 254 10 Reuter BAT INDUSTRIES PLC's strategy to concentrate on four areas paper, tobacco, financial services and retailing has been proved correct in its 1985 results. Chairman Patrick Sheehy said on Wednesday that sale prospectuses for some of the group's US stores were now with
      Reuter  -  254 words
    • 138 10 Reuter THE SECURITIES and Investments Board (SIB), the new body regulating UK financial markets, said it plans to ban unsolicited calls on shareholders of companies subject to takeover bids. Industry sources said shareholders are sometimes subject to unexpected pressure from representatives of
      Reuter  -  138 words
    • 74 10 Reuter UNION CARBIDE, an international chemical conglomerate, has announced that its chairman and chief executive officer, Warren Anderson, will retire in November. Mr Anderson, 64, served as chairman during the chemical leak at Carbide's plant in Bhopal, India, in December 1984 and thwarted a takeover attempt
      Reuter  -  74 words
    • 303 10 Reuter THE NEW YORK stock market lurched further into record heights on Wednesday, as bulls celebrated the easing of tensions in Libya, lower interest rates and oil prices, traders said. In spite of some scepticism that the bull market can extend much further,
      Reuter  -  303 words
    • 144 10 MAI 26 C$ Imp CM 47* 22* AbrttM Alcon 25* 45* -1 kit Pro* ftp« kit Ut* 40* 24* Algomo Argoan Hdg» 18* Lobtaw B 26* 2* Bank Mont Bank Novo Scofio B«4 Canada BP Can Ltd 31* 13* 39* 29 unch Mc BkxM Mokon A Moor* Cp 28*
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    • 217 10 MAI 26 Bami MOUSTHAU Urmc Woohvadh MM 1400 N4GS 50 A Afcho 1 ISO Abarcom 190 -50 4S25 -75 A£ And O Amaprop AMC 1140 5408 4425 -25 Byyoon Butt* 1625 7775 -60 -175 C G SmMti 1500 3000S -55 Chart* Cora Got4 1125 2300 -100 CNA 2605 Cora
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    • 712 10 MAI 26 US$ 4/Alcon Ahxrwi AJcoo 32* 43* AlegKeny Lud 24* 4l* AWd Ch«n Cp AJwd Storm AlvOnkiwi Am Brandt he Am Broadcast Am Can Co Am Cyanamd Am Else Pwr S3* H 4* 4 2* 4* -1* 4* Am Exprass Am Horn* Prod Am Motor* Cp Am
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    • 857 10 Amsterdam MAI 26 Hi AflN 376.00 -201 103.80 -1 Ahold Akzo 82 00 ♦2.5 168 00 +1 AMEV *510 -10.6 Aflrfoi ZZZZZ 105.00 +0.3 Baikal 33 90 -2.1 670 00 -2 Botkote Bur Tat Cafcmd ZZZI 144.30 70 5 M7.00 +13 Oat Ekavtar 180 30 -0 8 Fgh
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  • Page 10 Advertisements
    • 474 10 i mvm nvp ?TPf X in? Jp>T* m •ft mfMtfe Make your guess when you come for our Easter program. Poolside Family Buffet Lunch $2450 per adult $1250 per child under 12 Children dressed in fancy costumes en/oy a 50% discount Baron's Table 4-Course Dinner $49 per person Cafe Vienna
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    • 153 10 Cafe de Prince proudly presents- 1«MB SiilK ...the Easter Food Parade A splendid spread of delicious specialities Local favourites, continental delicacies and Easter goodies such as Hot Cross Buns. Rabbit Stew, Roast Honey Ham and more Plus surprise gifts for all children Cafe de Prince's Easter Food Parade from March
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  • ASIAN STOCKS
    • 417 11 HONGKONG: Share prices closed with pared gains yesterday as late selling by small investors erased early advances, brokers said. The Hang Seng Index rose 7.14 to 1,625.94 after rising more than 13 points by mid-morning. Brokers said concern about a possible rise in Hongkong interest rates overshadowed the market
      417 words
    • 243 11 mar 27 MT Lien Hwo Indus 1350 urtch Non Yo Plas 36 30 0 2 A* Sincere Indus 300 25 30 0 12 unch 0 2 0 7 -0 1 0 3 Pacific Cons 25 20 03 Asm Cement Wire 1540 03 Cathay Cons Chang Hwo Bank Chen loong
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    • 503 11 TOKYO: Domestic institutions, foreigners and individual Japanese investors yesterday rushed to buy shares on the first day of trading for April delivery, driving the market average up 277.46 to close at a record 15,337.18 which surpasses the previous record of 15,059.72 set at Wednesday's close, brokers said. Turnover was
      503 words
    • 84 11 MAR 27 Won Hyundai Const 1084 -6 Hyundai Motor 2355 -5 616 KAL 1161 -t-42 Bonk Seoul unch Korea Frst 655 8 Choheurtg Bk 576 unch S8 640 5 2248 Doehm Ind 587 7 Korea Ship 350 16 1030 10 Lucky Ltd 1079 49 Daewoo Corp 1269 +2 944
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    • 358 11 SYDNEY: Australian share markets closed firmer in quiet trading yesterday, with buying interest developing after Wednesday's large falls, brokers said. Near the close of trading, the All Ordinaries Index had risen 10 points to 1136.6 after reaching a low of 1126.4. The All Industrials gained 13.4 to 1811.4, the
      358 words
    • 146 11 BANGKOK: The Securities Exchange of Thailand Index dipped 0.13 to 130.45. Turnover amounted to 205,111 shares valued at 30.7 million baht. The Manila markat waa cloaad yesterday for Maundy Thuraday. MAI 27 Babts bam Cement 437 -8 Aokham Thai Auo F*>re Ayuthoya Inv And Trust Bangkok AgrolrxJ Bangkok Bank
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    • 156 11 Reuter JAPANESE corporate capital spending is expected to rise only 5.3 per cent to 13,983.6 billion yen in the year ending March 31,1987, compared with a 10.2 per cent gain to 13,284.7 billion in 1985-86. According to a survey conducted by Long-Term
      Reuter  -  156 words
    • 593 11 Japanese imitate American tactics Reuter JAPANESE CHIP MAKERS are using a favourite tactic of their US competitors by attacking them in the courts. NEC Corp has filed a suit in a Tokyo district court charging Texas Instruments Japan with infringing NEC patents on memory
      Reuter  -  593 words
    • 277 11 Bernama A SURVEY of business expectations of limited companies in Malaysia shows that gross revenue and employment are expected to increase marginally in the first half of this year. Gross revenue, which amounted to MJ20.97 billion in the second half of 1965, will
      Bernama  -  277 words
  • Page 11 Advertisements
    • 490 11 )r.P v: EASTER BUFFET March 24-31 Lunch Dinner Adult: $14 Child: $1CT SPECIAL FEATURE Friday Vogue March 28 Showtime: 1.15 pm LEVEL 4, Paramount Hotel, Marina Parade Road, Singapore 1544. Tat 344-5577 Meals at Cafe De Grand are twice as good. t, i 'A N* i i Wf delicious w/
      490 words
    • 141 11 Vhorae tonight...*/ Cairnhill Cocktail Lounge is providing you yet another memorable evening "cos with every Johnnie Walker Black Label you purchase comes a very special free gift. And that's not all. You may also stand to win the following prizes in our Lucky Draw! Ist PRIZE: 3 days Haadyai Tour
      141 words

  • RAW MATERIALS
    • 213 12 SOYBEAN FUTURES on the Chicago Board of Trade closed V/* to 6'/j US cents a bushel higher on Wednesday. New crop November ended near the top of a s'/4-cent range. Technical strength in soyoil values carried over to soybean prices, as domestic soybean processors may become more aggressive bidders
      213 words
    • 217 12 WHEAT FUTURES on the Chicago Board of Trade closed 3Vi US cents a bushel lower in nearby May on Wednesday, while new crop months ended V* to 2V* cents higher. May finished near the middle of a sevencent range. The weakness in May reflected long liquidation following the increase
      217 words
    • 275 12 BINQAPORE The market closed lower yesterday with April One RSS buyers quoted at 157.25 cents a kg, down 1.25 cents from Wednesday. The morning session lost 1.50 cents on long liquidation in quiet trading. Prices hovered narrowly in thin afternoon trading due to lack of interest and ahead of
      275 words
    • 112 12 THE KUALA LUMPUR Tla Market (ailed te fix a price yesterday as Uu aid afters fell ■hart ef a new ratiag reqalrtag trades la a day te be mare thaa II A market efflelal said tkat It was the fifth consecutive day sellers withdrew as'the priee slid te
      112 words
    • 66 12 (USS/tonne. FOB) White Rice 100% 1st doss 250 100% 2nd class 225 100% 3rd closs 220 5% 210 10% 205 15% 200 20% 190 25% 180 35% 175 Broken Rice A-l Super 120 A-l Special 1 \7 C-l Specks unq C-l Ord unq Loonzain Rice 100% 1st grade unq
      66 words
    • 262 12 RAS prices m S cants/kg, FO# m b eias NOON CLOSE Int 1 RSS Prompt 157.00 158.00N 157.25 *****N Int 1 RSS Apr 86 157.00 158.00 157.25 158 25 Irrt 1 RSS May 86 161.50 162.00 161.75 162 25 Int 2 RSS O P 156 50 158.SON
      262 words
    • 106 12 (cants/Vg, l-ta it polWts) APRIL 86 (currant month) NOON MAY 86 (forward month) NOON RAS Buyers 5iWin Bwycrs S«U*rs SSR 20 SSR 50 163 50 159 50 165 SON 161.SON 164 50 160.50 166 50N 162 SON MRELB u>lfI SelWfs Buyer* S«M*n SMR CV SMR L SMR
      106 words
    • 150 12 ChintN Produce Sorowok Asto black FOB NLW Lampoog block ***** London Commodity Exchange Exchange 1 Sellers' noon closing pi rices on FOB Asta NLW 935 00 Seders' dosing pr« ces on Mor 26 Mor 27 (S$/100 kg). (US$/long tonne CIF Europeon Coconut oil Coffee ports, unless other wise
      150 words
    • 164 12 MALAYSIAN crude palm oil prices eased yesterday from the day's highs on profit-taking, but still closed above Wednesday's levels. The market earlier firmed in line with the sharp rise in Chicago soyoil futures. India's reluctance to accept initial offers at its weekly import tender also weighed on prices.
      164 words
    • 362 12 COFFEE Robusta futures resumed their rise at midday yesterday after opening sharply higher then trimming gains at midmorning, but volume remained moderate. Second position May traded at £2,437 a tonne, up £2 on the opening and only £2 off the high after going as low as £2,400 at
      362 words
  • Page 12 Advertisements
    • 1209 12 THE DISCOUNT COMPANY OF SINGAPORE LIMITED (Incorporated in the Republic of Singapore) BALANCE SHEET as at 31 st December, 1985 (Expressed in Singapore Dollars) SHARE CAPITAL Authorised 10,000,000 ordinary shares of $1 each Issued and fully paid:10,000,000 ordinary shares of $1 each REVENUE RESERVES General reserve, note 3 Profit unappropriated
      1,209 words

  • SHARE INFORMATION
    • 4306 13 THE STOCK MARKET fell across a broad front yesterday as the pace of trading slowed, ending five consecutive sessions of rises The BT Composite Index closed 5.63 points lower at 499.28 and the Straits Times Industrial Index dropped 11.11 points to 596.65. Losers
      4,306 words
    • 275 13 SINGAPORE New C 11 g n< 1 C Marco Polo Kack Sang HortaoM M Motwthrto Perlis Plont Sn Hortomc hit) Trust VMDKHI DBS PoUco Hid. Moiorewoto F 4 N S P H M T C 78* S 1 A Rises ofc 146 350 62 121 s*o 196
      275 words
    • 3294 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,294 words
    • 143 13 SOUTH PACIFIC TEXTILE INDUSTRIES Berhad: 26th AGM at 3m.s.Jalan Kluang, ***** Batu Pahat, Johore, tomorrow at noon. MENANG CORPORATION (M) Berhad: 22nd AGM at 3rd level, Bunga Melor, Pan Pacific Hotel, Kuala Lumpur on Wednesday, April 9, at 11 am. INCH KENNETH KAJANG RUBBER PUBLIC LIMITED Campaay: 76th
      143 words
    • 3412 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. MDUSTRIM.S Acmo (0 700 1 00S) Ajmomoto (3 00S) AMD
      3,412 words
    • 250 14 Manages' prices for March 28-31 A MARA-Bumiputra First B'putro 4.27 4.32 Singapore Unit Trust Second B'putro Th*d B'putro Fourth B'putro 379 384 3 26 3 31 The Commerce 0 81 0.86 3 49 3 54 The Savings Fund 0.63 0.68* Fifth B'putro 2 20 2 25 S'pore Prog
      250 words
    • 95 14 HONGKONG Wednesday 1798.6 Week ago 1789.3 Hong Seng Index Thursday 1625.94 Wednesday 1618.80 NEW YORK Week ago >605.70 Dow Jones Wednesday 1810.70* TOKYO Tuesday 1778.50 Week ago 1787.95 Nikkei Averoge Thursday *****.18* Stondard Poors Wednesday *****.72 Wednesday 237.30 Week ago *****.30 T uesday 234.72 TSE Index Week ago
      95 words
    • 1013 14 Reuter SHARES PRICES were marked up at the opening yesterday, on the last day of the account in moderate trading following Wednesday's technical reaction to recent falls. At 0945 GMT, the FTSE 100 index was 14.3 up at 1,669.2. Dealers said buying sentiment was helped by Wall Street's
      Reuter  -  1,013 words
    • 480 14 PROFIT-TAKING, though not unexpected, surfaced to put a check to four days of firm trading and share prices closed easier on the Kuala Lumpur stock market yesterday. Losses were, however, marginal as late covering support lifted share prices from the day's lows. Some speculative industrial
      480 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 475 14 m OVERSEAS UNION BANK LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT The Board of Directors of Overseas Union Bank Limited wishes to announce: The Bank The Group 1985 1984 SS'OOO SS'OOO 1985 1984 SS'OOO SS'OOO 1) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1985 Net profit after providing
      475 words
    • 348 14 OVERSEAS UNION TRUST LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1985 Total Operating Revenue Profit/(Loss) on Sale of Investment Investment and Other Income Income from Associated Companies Profit before
      348 words

  • COMPANY NEWS
    • 342 15 TWO PUBLICLY-LISTED construction companies, Lum Chang Holdings and Lee Kim Tah Holdings, have fallen victims to keener competition in a depressed construction industry. Their sharply reduced profits have resulted in sharp dividend cuts. In the first six months to Dec
      342 words
    • 150 15 NATIONAL IRON and Steel Mills Ltd's group pre-tax profit fell 56 per cent to $5.84 million (from $13.3 million) on turnover of $333 million ($331 million) and investment income of $3.27 million ($3.01 million) for the year ended Dec 31, 1985. Interest expense and
      150 words
    • 409 15  -  RAMESH CHANDIRAMANI THE FAILURE of Pan-Electric Industries has exacted a heavy toll on the fortunes of Harimau Investments Ltd, the only closed-ended unit trust to go into the red last year. For the 12 months to Dec 31, 1985, the Oversea-Chinese
      409 words
    • 920 15  -  By LORETTA McLAUGHLAN REFLECTING THE deepening global shipping recession and increased worldwide protectionism, the Keppel Shipyard group has produced a grim set of financial results for the year to end-December 1985. Not only did the group sink deeply into the red at the pretax level
      920 words
    • LATEST RESULTS
      • 92 15 This owner of the Imperial Oberoi Hotel reported a loss of $2.5 million (profit of $635,000) on turnover of $18.87 million ($24.23 million) and interest income of $2.04 million ($l.B million) for the year ended Dec 31, 1985. Net loss per share
        92 words
      • 77 15 This owner and operator of the Mandarin Hotel reports group net profit of $5.59 million ($15.33 million) for the year ended Dec 31, 1985. Turnover amounted to $102.47 million <$124.2 million) and investment and other income came to $8.68 million ($9.02 million).
        77 words
      • 74 15 Group net profit of $668,000 ($2.66 million) for the year ended Dec 31, 1985. EPS is 2.9 cents (11.8 cents). Gross premium income came to $22.38 million. ($25.18 million) of which insurance underwriting profit amounted to $2.49 million ($1.28 million). Investment income
        74 words
      • 67 15 This owner of the Cen- tury Park Sheraton incurred net loss of $2.91 million (profit of $147,600) on turnover of $27.6 million ($34.72 million) and interest income of $77,800 ($472,200) for the year ended Dec 31, 1985. Loss per share amounted to
        67 words
      • 80 15 TOWN CITY Properties Ltd TOWN CITY Properties Ltd This listed vehicle of the Harapan group incurred net loss of $18.6 million (loss of $64,000) on turnover of $71.25 million ($28.23 million) and investment income of $2.73 million ($l.Ol million) for the year ended Dec 31, 1985. Interest expense during the
        80 words
    • 226 15 C K TANG LTD has acquired a dormant company, Associated Electronics Pte Ltd, which is involved in the wholesaling of merchandise and has a paid-up capital of $2. THE REGISTERED OFFICE of Paa-Eleettie lad utiles has been changed to 96, Robinson Road,. #05-04, First Building, Singa- pore 0106,
      226 words
  • Page 15 Advertisements
    • 369 15 m OVERSEAS UNION ENTERPRISE LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT The Board of Directors of Overseas Union Enterprise Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1985 The Company The Group Net Tangible Asset Backing per Ssl.oo share 553.31 Ss3 33 In the opinion
      369 words
    • 329 15 LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT UNAUDITED RESULTS FOR THE HALF YEAR ENOED 31 DECEMBER 1965 The Directors of Lum Chang Holdings Limited are pleased to announce the unaudited results for the half year ended 31 December 1985:Half Vear Ended 31 December Save as herein
      329 words

  • 488 16  -  By LEE HAN SHIH Property Correspondent AS PART of a worldwide policy of maximising funds, Standard Chartered Bank is prepared to sell and lease back its $350 million building at Raffles Place "as soon as market conditions are favourable". Announcing its
    488 words
  • YESTERDAY IN PARLIAMENT
    • 306 16  -  By FOO CHOY PENG, LOH HUI YIN CHARGES OF DUMPING made against Singapore exports by Australian manufacturers will be raised during Prime Minister Lee Kuan Yew's visit to the country next month. Mr Lee told Parliament yesterday that while there were no compelling or
      306 words
    • 22 16 PARLIAMENT has been extended to Monday to clear the Securities Industry, Futures Trading and the Central Provident Fund amendment bills.
      22 words
    • 68 16 THE ECONOMIC recession is beginning to affect the Muslim Building Fund, said Dr Ahmad Matter, the Minister in charge of Muslim Affairs. Statistics compiled by the CPF Board showed that the number of working Muslims who contributed in October last year was 136,261, a drop of 5,757 from
      68 words
    • 166 16 THERE ARE MANY safeguards against the wrongful detention of people under Criminal Law, including Cabinet scrutiny, Home Affairs Minister Professor S Jayakumar said yesterday. He was refuting allegations concerning a man, being held in connections with secret society activities, who opposition member Mr J B Jeyaretnam
      166 words
    • 82 16 COMMENDATIONS will be awarded by the government as a gesture of recognition to individuals and organisations who helped in the Hotel New World rescue operation earlier this month. Professor S Jayakumar, the Minister for Home Affairs, said the commendations would be given at a ceremony.
      82 words
    • 253 16 IT WOULD BE disastrous if Singapore took a humanitarian approach to its immigration policy. Professor S Jayakumar, the Home Affairs Minister, said that such a policy, although ideal, would open the floodgates, with implications for the rest of society because of Singapore's size. That
      253 words
    • 131 16 MR JB JEYARETNAM (Anson) was yesterday reprimanded for using the position of the Speaker as a means to impeach another Member of Parliament. "It is a sad reflection of the dignity of this House when the position of the Speaker was manipulated as a means to impeach
      131 words
    • 187 16 THE GOVERNMENT will actively promote the setting up of more child-care centres to encourage more women to join the labour force, said Acting Community Development Minister Wong Kan Seng. Wrapping up the debate on the budget estimates for his ministry, "Mr Wong said 20,000
      187 words
    • 65 16 ABOUT 200 public sector tenders worth $650 million were awarded to contractors between Jan 31 and March 7. Dr Richard Hu, the Finance Minister, also said yesterday that eight of nine tenders, costing $61 million, were won by government-owned companies for security reasons. The remaining contract was awarded
      65 words
    • 214 16 THE SINGAPORE Manufacturers' Association has accused financial institutions of misunderstanding the aim of the Small Industries Finance Scheme (SIFS). An SMA statement yesterday said it supported the call by a Member of Parliament to rectify the gap in perception between banks and the Economic Development Board
      214 words
    • 227 16 AFP Reuter UNION BANK of Hongkong, which is suffering from severe liquidity problems, has been put under the control of an independent merchant bank by the government. Banking commissioner Robert Fell announced in Hongkong yesterday that Jardine Fleming, a merchant bank
      AFP; Reuter  -  227 words
    • 181 16 UNION CHIEF Ong Teng Cheong will lead a delegation to study the wage systems of Japan, South Korea, Taiwan and Hongkong. The team will be visiting the four countries from March 30 to April 10. Mr Ong, who is also Second Deputy
      181 words
  • 709 16  -  By LORETTA McLAUGHLAN ON CHRISTMAS Day 1985, international accounting firm Price Waterhouse, then acting as court-appointed receivers and managers of Pan-Electric Industries, located information concerning the group's commitment to sell forward over $100 million worth of contracts in quoted investments. The trouble was
    709 words
  • 87 16 Reuter COM EX GOLD futures were erratic yesterday morning, with buying from a firm platinum market countered by selling from a steadying dollar. Spot April hovered at Wednesday night's close of U*****.70 an ounce before dropping to $342.20. Analysts said US traders were sellers on the dollar's recovery
    Reuter  -  87 words
  • 50 16 Reuter WALL STREET stocks moved sharply higher into record territory, carrying on a tradition of rallying the day before Easter. The Dow Jones Industrial Average was up 17 points to 1828. Secondary issues were big participants, continuing Wednesday's trend, with five times as many gainers as losers.
    Reuter  -  50 words
  • LATE FILE
    • 49 16 AP HONGKONG'S two leading banks the Hongkong and Shanghai Banking Corp and Standard Chartered Bank yesterday announced a one percentage point increase in their prime lending rate to 8 per cent, effective on Tuesday, when they resume business after the Easter Holiday. AP
      AP  -  49 words
    • 33 16 Reuter A SURGE in exports and a decline in imports led to a sharply lower US deficit on merchandise trade in February, the US Commerce Department said yesterday.
      Reuter  -  33 words
    • 39 16 Reuter THE US said yesterday that it was ending naval exercises in the Mediterranean during which Libyan vessels and radar installations were attacked. According to Pentagon officials, the manoeuvres were to have ended yesterday. Reuter
      Reuter  -  39 words
    • 39 16 AP ABOUT 400 placard-carrying Thai workers rallied in front of the Japanese embassy in Bangkok yesterday to ask it to intervene in what they* called Japanese employers' attempts to suppress the labour movement in Thailand.
      AP  -  39 words
    • 34 16 Reuter STRIKING WORKERS extended their blockade of a US military base in the Northern Philippines yesterday as negotiations to end the six-day stoppage broke down, union officials said.
      Reuter  -  34 words
    • 50 16 Reuter THE REAGAN administration wants Federal Reserve Board chairman Paul Volcker to stay on the Job and would consider reappointing him to a third term next year, White House Chief of Staff Donald Regan said in an interview published in the Washington Post yesterday.
      Reuter  -  50 words
    • 39 16 Reuter A WEST GERMAN military archive yesterday said former United Nations chief Kurt Waldheim was responsible for filing intelligence reports during World War II service with the German army in the Balkans. Reuter
      Reuter  -  39 words
    • 32 16 Reuter A SERIES of explosions rocked Melbourne, Australia's second-largest city, yesterday, damaging a downtown police station and injuring 21 people, including 11 officers, officials said. No group claimed responsibility.
      Reuter  -  32 words
    • 34 16 AP US SECRETARY of state George Shultz resumed talks yesterday with Greek leaders on the future of four American military bases that the ruling Socialists have threatened to close.
      AP  -  34 words
  • Page 16 Advertisements
    • 195 16 EXPATRIATE COMMENTS ABOUT ARDMORE PARK |NQ.3| 'Go out on Sunday? We never have time!' m m 0 m s m At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool. The kids never had so much fun;
      195 words
    • 154 16 The silver report wee uneveileble et prees-time. A Celebration in Style, for only $148 nett. 9Kelebrate the wonderful memories of life's V—# special moments. Whether it's a birthday or wedding anniversary, toast the occasion with an extra fk special touch at the Novotel Orchid Inn. A> Begin with a romantic,
      154 words
  • Page 16 Miscellaneous
    • 56 16 \aaMa3a Outlook for todoy: Showers in several areos in the late afternoon and evening. Report for 24 hours prior to 7.30pm on Mar 27 at the airport: Maximum temperature 32.0 Associated humidity 64 Minimum temperature 24.1 Associated humidity 97 Hours of sunshine 7.80 Rainfall in millimetres nil Roinfall this month
      56 words

  • SHIPPING TIMES
    • 216 17 P 0 reports 38pc increase in profits Reuter THE PENINSULAR and Oriental Steam Navigation Company reported a 38 per cent jump in profits, although cruise ship operations were disappointing, partly due to passenger fears after the Achille Lauro affair. P O, a group that includes the Bo vis Construction Company
      Reuter  -  216 words
    • 74 17 Fairplay THE INDIAN MINISTER for Surface Transport, M Raiesh Pilot, assured Indian snipbuilders that "no Indian yard will starve for want of orders." In a speech made at a recent launching Mr Pilot said that a new pricing policy for ships built in India was being
      Fairplay  -  74 words
    • 357 17  -  By G DURAIRAJ SHIPYARDS IN Malaysia which are encountering stiff competition from other shipbuilding nations should be protected. The present level of protection accorded to the industry is considered inadequate. This relates mainly to the imposition of 30 per cent import duty
      357 words
    • 370 17 BRITISH shippers fear that North Atlantic conference lines are considering reimposing a currency adjustment factor (CAF) which has been suspended for over two years. Moves are being made to start the charge again from Continental European ports and Scandinavia, with a
      370 words
    • 123 17 Bernama-An-tara THE SSB (coastal radio system) which has been used at several Indonesian sea ports will be further expanded following the signing of a second stage consultation contract on shipping telecommunications system with Japan, the Direc-tor-General of Sea Communications, J E Habibie said. The
      Bernama-Antara  -  123 words
    • PORT SIDES
      • 90 17 Reuter THE SINGAPORE branch of the State Bank of India said it is lead-managing a U5534.2 million syndicated loan for the Shipping Corporation of India, SCI. SCI will use the proceeds to partly finance the purchase of 12 bulk carriers from Daewoo Corporation of South Korea. A
        Reuter  -  90 words
    • 1180 18 CHARTERING remained low key on the London freight market on Wednesday with no obvious sign of further rate change. On the US Gulf-Japan grain route, for instance, Zennoh paid the steady figure of US$lO.5O (fio) to the Anniversary Thistle for a 52,000-ton mid-April shipment. Other North American grain
      1,180 words
    • 1326 18 UPI LOWELL NORTH took a gamble when most men would have chosen a safer, more conventional route. With his young wife pregnant and very little money in his pocket, North gave up the security of a corporate engineering Job and struck out on
      UPI  -  1,326 words
    • 82 18 Reuter GALE FORCED WINDS caused a Panamanian cargo ship, the Grand Felicity, to run agound on Tuesday off the Spanish coast. The 15,059-dwt vessel split into half. The 1974, Japanese built Grand Felicity which was torn from its moorings in Gijon has been abandoned by
      Reuter  -  82 words
    • 139 18 SOUTH KOREAN tonnage is expected to fall following a proposed revision of the Ship Safety Act effectively limiting the operational ace of sea-going vessels to 20 years. The act, effective June, will affect at least 43 elderly vessels of 127,125
      139 words
    • 821 18 AB Shpg V 5 Accord Shpg VI 3 Afea Lin* VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 5 Alios Line X 2 ANL 1 1/2 APC Line V 4 APL 2/3 ASCL 1 Batt-Canada Lin* VI 4/5
      821 words
    • 212 19 EVERGREEN LINE HAS pulled the brakes on its expansion programme which has, within a short period, allowed the company to lay claims to being the world's largest container shipowner. Company president Mr C L Lim told Lloyd's List that once the eight 2,940-dwt container ships
      212 words
    • 537 19 Reuter MISSILES HAVE ripped into more than 110 merchant ships in the Gulf in the last two years, but the "tanker war" between Iran and Iraq has become just another uncomfortable fact of life. Two years ago, the Greek tanker Filikon L
      Reuter  -  537 words
    • 181 19 A NEW GATE 2, erected on the former Blair Plain site at Keppel Road, will be opened to traffic on April 1. It will replace the existing gate at Rembu Street as entrance to the Tanjong Pa gar
      181 words
    • 88 19 A LEADING US offshore support vessel operator, Tidewater, is reducing its dividends to shareholders. The New Orleans group, facing mounting operating losses as oil and gas companies cut their US Gulf exploration spending, is to reduce the quarterly dividend on ordinary shares to just US$O.5 cents a
      88 words
    • 106 19 AP NANKING'S port was opened to foreign ships on Wednesday and a Panama freighter was the first to anchor there, the official Xinhua news agency said. The port, in the eastern province of Jiangsu on the Yangtze river, is China's largest inland river port. Nanking is
      AP  -  106 words
    • 187 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gull, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line: Australia/Straits Container Line.
      187 words
    • 97 19  -  ervtix By I Kingsley Wood THE ISRAELI Zim Navigation has extended its Australia-Far East service to include a direct call at Guam every four to six weeks, depending on demand. For the last 18 months, Zim has been serving Guam by transhipment from Japan but
      97 words
    • 4376 20 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a
      4,376 words
    • 658 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival v for LCL movement Ship Voy date/time Operator cargo schedule Location New Oasis 02/554 28.3.86 1700 Mitsui OSK F1 0800-0900 Ul/N Ming Fortune 17E 29.3.86 0300 Malay St F1 1730-1830 B6/N Sm Bhum 264N 29.3.86 1000 S'pore
      658 words
    • 452 25 AT CONVENTIONAL WHARVES I B«rth Agent Arrival Departure KBTw, K9 Borber alongside 28.3/0100 Equator 5 K23 Thong Soon alongside 28.3/0400 Essr 9 KI5 K27 Y Fung Boustead alongside alongside 28.3/1200 28.3/2300 Koto Angkoso K32 P1L alongside 28.3/1830 La Rioia KI6 Bomeo alongside 28 3/1500 Lucky Pin# K28
      452 words
  • Page 17 Advertisements
    • 457 17 Concise Comprehensive Contemporary A "!£*shops and @I£ESS»»i Ei FEDERAL PUBLICATIONS C lumbers 1 >! it I M I )h if >11,1! OOCL Overseas Ctdaitm LINE STRAITS EUROPE EXPRESS SERVICE ORBITAL PATRIOT ORBITAL KNGHT REPTWI CORAL FAR EAST MIDDLE EAST SERVICE IMMC SHPPWG IKOICC (Reg lb. 2428 M/ OOR) 70 Shenton
      457 words
    • 68 17 [ICMDB LOWELL NORTH took o gamble when most men would have chosen a safer, more conventional route. P«g« II MISSILES HAVE ripped into more than 110 merchant ships in the Gulf, but the "tanker wor" between Iran and Iraq has become just another uncomfortoble fact of life. Pag« 111 Index
      68 words
    • 1242 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 i forearmed $22.00. TIMES !Wf BOOKSHOP MAERSK LINE FAST TRANSIT TO WEST AFRICA SINGAPORE/LOME 27 DAYS SINGAPORE/COTONOU 29 DAYS 44/4 44/4 11 11/4 It 11/4 25-25/4
      1,242 words

  • Page 18 Advertisements
    • 178 18 Y.S. LINE LINE MIDDLE EAST Full Container Service (A member of Oasis Consortium) rnr TRANS SIBERIAN SERVICE Weekly Container Service UJ3 PAN ASIA LINE, LTD. SI.TS INBOUND FOR STRAITS PORTS OUTBOUND FOR TAIWAN/JAPAN rrrr wwmwumw vphkihi SPORF A(, f NTS SUNSHIP AGENCIES PTE LTD M.«in 0111' f* ?2 1 ?4??
      178 words
    • 203 18 Supercarrier Service SaM 4/4 7/4 14/4 17/4 12/4 a/4 S/4 4/5 7/5 NEXT MMVN.S BARKR TMTA 77/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Kctpfei tit i tar Ma (IU), 1 fiawtwa. (MM tklla mi to hp ih L hi*. I TO: CARIBBEAN CENTRAL AMERICA CMNKM Arab* Curacao.
      203 words

  • Page 19 Advertisements
    • 843 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINERSHIP SERVICE TO UK-CONTINENT 14/4 11/4 21/4 21/4 12/S N/5 N/5 11/5 17/5 15/5 24/5 21/5 31/5 92/9 09/4 19/9 17/$ 15/4 24/1 29/4 11/4 19/4 21/4 25/4
      843 words
    • 601 19 Franco Belgian Services ffa If r r, >. rv i. ,th />'. tui.in I ir rn >n.» MEMBER OF ACE CONSORTIUMS H rrr n I*** CHARGEURS HAVRAISE \'rr>E\ line Am (MEB CLUB MEMBER) Spirt Mtriang Blow Vm** Gmu Inttf* tcorranMc* »u* 1 h *> 22Apr 23 Apr n Apr c.
      601 words

  • Page 20 Advertisements
    • 461 20 Hapag-Lloyd TO CONTINENT, UK EXPORTS FROM N CONTINENT &UK IMPORTS i Ejprm Sd SM 21/3 25/3 31/1 1/4 vt t*rt» 2/4 4/4 5/4 7/4 1/4 M/ 4 12/4 13/4 IV4 14/4 HH 17/4 M/ 4 21/4 22/4 23/4 M 25/4 27/4 21/4 31/4 1/5 I 3/5 5/5 C/ 5 1/5
      461 words
    • 127 20 FULLY CONTAINERISED SERVICE JtG.&.LINE Ko*t* I*'*' *1 '*o*. EIIRC)P( VIA SUFZ a c ,h FROM [UROPf VIA SDfZ 8 Mmb»r of (ho Ac* Consortium T** 14/4 21/« a/4 5/5 IPlrfH* S'pn Hta| WMf ku K 3/4) 1/4 5/4 6/4 »/4 (10/4) 1/4 12/4 13/4 19/4 Ml (17/4) 15/4 U/4 20/4
      127 words
    • 429 20 Hoi Sun Hup Co (Ptf) I td TEL *****06 (20 Lines) TLX RS ***** H. RS ***** INTERMARITIME LTD I (S* «c«t) M *****1 Murta (Sab ftp*) M C7WI REUNION/SOUTH AFRICA SERVICE a ai v fin. bmMh&h ct MOUNT nil VI7 M M V« «/4 17/4 l»/4 B/4 1/5 vs
      429 words
    • 536 20 o EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) mp mg mg uc ns on nro km no cms M/l 1/4 4/4 4/4 J/4 11/4 12/4 1/5 no GOOD 1/4 11/4 11/4 11/4 14/4 11/4 11/4 1/5 no turn u/4 14/4 iv 4 17/4 a/4 a/4 12/$ no onus/ra ina
      536 words
    • 189 20 rtNflNb r>///VU I KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC VOK PMa« LM*« u Qwm 12/4 Lm, Qrabay, PHwHby, Courier 1/5 Jay a, Lm, P.Mniby, «w-»- a.L i nmari, Mita, rum, J saw UNION LINE pjdjk ram lom> foi TAIYO MARINE LINE S WEST AUSTRALIA SERVICE VSL PT KELANG
      189 words

  • Page 21 Advertisements
    • 891 21 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA HOT A SMOA MAJAPAHIT SIN JKT SOY SIN HKQ KAO *TCM KEE BUS *MUR *HTC VOK KOB KK SiM Saitod In Port 30/3 3/4 4/4 S/4 S/4 t/4 11/4 IS/4
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    • 895 21 BEN LINE CONTAINERS EXPRESS COWTMNER SERVICE TO UK/COfffIHEOT (mk>i Mm Liwpwl Bjf EXPRESS CONTAMR SERVICE FROM UK/CONTMENT HAM BHAVENIDAM HANK STON PUIMSSTOK FOR Brtswn Eipns SjM SM SjM M SjM 31/3 1/4 HKC. KMta hi SJM SJM SJM SJM SJM 1/4 1/4 MKC. MM Mm SJM SJM SjM SJM SJM
      895 words
    • 390 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYD P.T. OESURI LLOYD P.T. SAMUDERA INDONESIA e P.T. TtIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE SfMUMG VI2W GAIIM GAMA VIM I I BOUT AUG VWf OCEAN PRIM V4M ■hlw Mm/Mm L* ll«i m 14/517/5 19/5 22/5 29/5 5/9 3/t
      390 words
    • 322 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR S'port Last* ¥59* 27/29 Mar nudiweorawywa V265W 29/31 Mar Haka V244N 21/29 Mar Bassdn V77W* 1/2 Apr Pa-M V93W 2/4 Apr •WSCHAAfiMG ONLY (Burmese National Line) Lotting for Ranfoon ore PJtdanc f«u V 4 BANK LINE NORTHBOUND TO UKC jKK FORTMAIK VISN bi ft
      322 words

  • Page 22 Advertisements
    • 991 22 USA CANADA OMENTAL GOVERNOR *25 ORENTM. MNSTER *24 ORENTAL KIRGHT *26 MERCATOR V37E/N GJUHCT Ej K LINE KAWASAKI KISEN KAISHA, LTD.— TtM World 3*rvic*) FEEDER/ ASM SIM *46 HARM W KOREAN CHANCE V2SE (Iscledieg DESTINATIONS INLAND vU IPI/MICROBBIDGE A MINILAND BRIDGE) MOTtCR VESSEL QUEENSWAY BROGE V 45 HARBOUR BROGE *5
      991 words
    • 617 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accopting FCL/FCL Container* f Reta* I Imer Vestal spore |MM Frn* Si* M» Feeder P Relat* later Vessat S port CAIABAR 2 Apr RAMOAS II Apr [SHU**# 22 Apr CAIABAA 6 M i csiEamß n May MVDAS 14 Apr CHANOMS 11% KABIROAS 19 Ma, RAMOAS 10
      617 words
    • 633 22 GOLDEN LINE GUM GUAM SHPTMC (PTE) LTD 21. Tftt Af« M murm oiot ia uum at ued STRAITS/PERSIAN GULF SERVICE: GOUn KM CakMiito/MradM/Diito/DMMMM GOUXN HMOI Cotombo H*«cl»/D»b»./BMfiin IA/2A Apr 20/10 Apr CHMA OCEAN SNPfWG CO.. PEKMG THE PEOPLE'S REPUBLIC OF CHMA IMC CHENS 1/4 2/4 640 OCMG 1/5 2/5 Spvt
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    • 407 22 <JU INTRASEA (PTE) LTD 10 Anson R c 2 7 Ife I ntf n .ttion.i P i*-* S'ntjripofp 0?07 Tel 2/4bVl iH' 1 nesi <► BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD 1H ??W6?? (8 t INf S) TE I E X RS ***** PHIII 12/4, lt/4, 1/5
      407 words

  • Page 23 Advertisements
    • 586 23 NOL NEPTUNE ORIENT LINES LTD Sport JO TUNE MOOES Pit LID-. U M (Met TwirtT'CfS KWMES 270J977 M/NBT TM/W *****77 *****22 *****53 0> DUCT UK 27K7^ Tum MMKR MM BU B®. NWaMiailN. 3.72.1 3*241 P. Un ima N«A SON. BH> pmmi HMra mw son M. FOft tTA/MA/RAR MUVtCI ONLY Pl**
      586 words
    • 406 23 Hi. I Dmm/I o*t/MIS Hi. Dm/< M. 7 Nit lb. I Dmm/ TBN/Mai lb 7 lb II lb. II Ml I iSH 7/4 19/4 H/« 13 ■W» n/4 a/« 4/5 M/ 4 a/i 1/5 V 5 4/5 17/5 21/5 11/5 15/5 X/ 5 a/5 17/5 »/5 (OlMbi) 15/5 a/5 v«
      406 words
    • 503 23 SINSOV SINGAPORE SOVCT SHPPMG CO PRIVATE LTD SMSOV BULOMG 55. Martet Street Sißppvt 0104 Telephone Mm *****3 (15 Urn) Cable Address SMSOV SMWORE Tefcx ftmbers RS ***** RS ***** RS ***** P. KLANG PCNANC M/S SHARKAT NAH SOON SBN. M. IST AND 2ND FLOOR. MESSRS NM THONG SWPMG 127 Pcium
      503 words
    • 81 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 SomerMt Road #06-01 Ng Teow Yh#* Q*dg S'pore 0923 T©i 235 ft4-d4 <4 lm*s) Port fc<»Unf Ttp .4 Pin- Sdr> !*>• "W9O. 1 S P»runf K Tf.anspo*t I til 1p 05 M '#Mj P.l sir tjiirfjnf SKippmf ?*»s Srtr
      81 words

  • Page 24 Advertisements
    • 413 24 9 I REGIONAL CONTAINER LINES TO BANGKOK (4 WE VESSEL SEA FORTUNE Tat/Wri I 1-2/4 Tki/Fri 3-4/4 Sal/San 5-8/4 IM/Fri I 24/4 j(ZS9 wnawsa SEA FORTUNE SEA FORTUNE —f'.ii lUI:'. Ml 1 II 'l TO SOUTH THAILAND i' 'iM M.IILW B3EZI ESSn m MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO
      413 words
  • Page 24 Miscellaneous
    • 173 24 Wk Regional Weather Xl 4f i V k> r A S Va m s jB i f. i a r*. u < mf* B w ;</j3, •Ufi in SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c XX Chouji Weather Wind direction with speed m
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  • Page 25 Advertisements
    • 96 25 r— *****W/*****54/*****41/*****93 *****1/4 IHMML 3K3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SSSS/*****5/*****5 r/'Jiifi FAR EAST/EUROPE CONTAINER SERVICE lfi v 'ira Lli 11 H IPiITMn ll ■nfTTT H.'.i" 'TTirf 1 nrTTMPTM 1. TTB .'.TTj m PTj EH El* EH ALSO ACCEPTfC FOR: AWTTOf, L HOME, UK. MOO. COPENHAGEN, OSLO ALSO ACCEPTM6 FIOM EUROPE: (TM. HAM.
      96 words
    • 95 25 CARGO SPACE AVAILABLE TO MADRAS M.V. 'INTERCITY MO. 1' ETA In Port ETD 29/3/86 WRECT LOADING TO MADRAS. A VESSEL ETA 8/4/8 Loading for Bom bay/Karachi M/S. INTERCITY SHIPPING (PTE) LTD HI. (hrth Brid(« *03-07. Pcrinsiia Plaza. Seaport 0117 For Booknfs pleas* contact Mr. R. D. Dayal Tel; *****44/5 Toiei
      95 words
    • 351 25 GLORY NAVIGATION 1 I'. l l -1 ti.*! TAINAN TO SM6APOK ASEAN I DHECT WEEKLY TO PORT KELANG/PENMG I; •AT ATTRACTIVE MlB* 3k r PORE BULK T*l 33 3 2 •ABLE TO UFT AGENT OCEAN I OCEAN MTI MARME CORP PTE LTD *****11 (5 UCS)/*****41/*****49 (Drtct) 190 HDOLE ROM) #14-06
      351 words

  • Page 26 Advertisements
    • 448 26 ffi EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT TO: EUROPE Tt MM STOK run MB PWAUG FOP: HTMN »/l Apr kPX 3/4 Apr 5/« Apr UW, ROM. HK. MNN, art. HULL KNMMAS 9/12 Apr hW 14/14 Apr 17/19 Apr UK. MM, WG. AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FAJtYS
      448 words
    • 456 26 I II I ETA STORE LOAUNG FOB HONG KONG 1/4. 9/4 HONG KONG THAI.AM) 25/3, 31/3 BANGKOK. SATTAMP SM LANKA 29/3, 4/4 CO.OMO EUROPf 30/3. 5/4 WBUR6. BHAVEN. GUtRG, ROAM, ANTRERP, TI.BURY, IE HAMS AGENTS UM SHPfMG (S) PTE tTD, TELEX R*****41 A/B 18SSGP SINGAPORE ***** M (4 toei) 7
      456 words
    • 559 26 C.Y. LINE (A Member Of Tha ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAROISED SERVICE TO EUROPE (VIA SUEZ) FULLY CONTAMERtSED SERVICE FROM EUROPE (VIA SUEZ) Aut NTS STRAITS CONTAINER AGFNCIFS PT{ t TO lb HOF CHIANG ROAD SANFORD BUtIWNC #09 01 SINGAPOfif 0?08 TFI ??SO7BB Si lAT AN
      559 words
    • 988 26 EverettLiiies] COMPAMA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" lojtfMt to( Catao HM*** Ho jnd j» otlwr Pnuran port} witti trmhfimnit it Rot* On CPV ThrmifK Ms ot Lading Is tmH dtttmjtion Peiunj* P. KitMC Siß(apart TMOMASEVERETT 31/1 Ap HUGtCVERETT 11/13 Apr* 14/15 Apr E MANOLOEVERETT 23/24 Apr 4 "EVERETT
      988 words
    • 254 26 ZIM NON-CONFERENCE ■DEPENDENT FUU CONTMO SERWCE accost* FCLAQ. carton to USA East t West Coast CwHnrfl Canada Mi MTI ZIM EOT CONTAINER LINE n* re vans vi m NKSBAK 1/4 21/4 21/4 1/5 1/5 »/5 m STOW 21/4 12/5 U/5 21/5 21/5 24/5 Acceptor FCI To Ewofcan and ModßonaMM Portv
      254 words