The Business Times, 10 April 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, APRIL 11, ISBC 75 CENTS
    12 words
  • 305 1  -  By FOO CHOY PENG Chief Reporter EMPLOYERS who maintain their 25 per cent Central Provident Fund payments for their workers can deduct for tax only the amount set out under the new statutory limit of the CPF Act. The employer's
    305 words
  • 257 1  -  Market said to be almost 'crippled' in January By BRIAN GOMEZ SINGAPORE RUBBER brokers have denied that a defaulter on the Singapore rubber market in January almost crippled the market, as claimed by a Kuala Lumpur-datelined Bernama report on April 7. "Nothing like this
    257 words
  • 139 1 NST THE Malaysian government cannot afford to meet any demand for a wage increase by civil servants. And mass rallies, pickets and threats or other forms of industrial action will not change the situation, says Information Minister Datuk Rais Yatim. Datuk Rais said
    NST  -  139 words
  • 106 1 Reuter AUSTRALIA is to increase its immigration quota to 95,000 in the year starting next July an increase of 11,000 over the current target figure. Government sources yesterday said the government would allow a broader range of people to settle in Australia, which has
    Reuter  -  106 words
  • Article, Illustration
    111 1 SHARE PRICES eaaed back marginally en the slack market yeaterday la the Hgktewt tradlag mm la ilimt twa anatka At the deae, the Stralta Time» ladastrial lade* waa I.IS palats lawer at SM.3S while tke mare kraadly kaaed BT Canpadte lade* fell 1.32 palate te 4M.14. Taraaver waa
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  • 126 1 AP THE NUMBER of tourists who visited South Korea during the first quarter of this year rose 13.4 per cent from a year ago to 330,800, pumping US$23l million into the economy. Seoul's transport ministry said yesterday that Japanese topped the list with 152,000, up
    AP  -  126 words
  • 38 1 Bernama THE AQUINO administration appears certain of scrapping the US$2.l billion nuclear power plant at Bataan. A presidential spokesman said yesterday that there was strong sentiment among Cabinet members that the project should be 'abandoned'. Bernama
    Bernama  -  38 words
  • 298 1 Reuter FRENCH PRESIDENT Francois Mitterrand yesterday said he would refuse to sign government decrees privatising companies nationalised before 1981, raising the prospect of a major constitutional clash with the government of Prime Minister Jacques Chirac. Mr Mitterrand's warning at yesterday's Cabinet meeting, made public
    Reuter  -  298 words
  • 242 1 Reuter AMERICAN Defence Secretary Caspar Weinberger said yesterday that a stockpile of US munitions in Thailand would benefit regional as well as US security. He said US and Thai negotiators would begin meeting soon on an agreement to set up the stockpile, which was wanted
    Reuter  -  242 words
  • 269 1 PETROL PRICES at the pump look set to fall by about 4.5 cents a litre within days, the third reduction this year. Diesel price too is likely to be cut by three cents a litre since all the oil companies had adjusted their
    269 words
  • 325 1 Reuter UPI THE REAGAN administration has announced that it will sell US$55O million worth of military electronic equipment to China to help modernise that country's F-8 fighter interceptors. The latest step by the US to secure closer ties with China
    Reuter; UPI  -  325 words
  • Page 1 Advertisements
    • 158 1 Ultra. If II change the way you play. L J V Sole Agent ROKAI SfOOTWG HOOK Tel: *****55 The Harimau HARIMAU Investments Ltd's letter to shareholders explaining the $10 million loss provision it made in its 1985 accounts has raised more questions than it answers. Hock Lock Siew highlights some
      158 words
    • 352 1 Canada PsvHion tha host country's ship-like structure includes a luxury hotal and an offica complex. Singapore's $3 million pavilion is sponsored pertly by SIA and Telecoms a team is now in Vancouver adding finishing touches to the stand All set for Expo 86 THE COST of Singapore's lavish pavilion at
      352 words
    • 3 1 LMdtr, Page 8
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    • 333 1 That's iNCßedible! Latest news from NCR Singapore "We take customer satisfaction personally!" This statement, from an employee of NCR Corporation in the United States, has become NCR's new international slogan. To NCR it sums up a philosophy that has stood the test of time over 100 years and which is
      333 words
    • 13 1 BEHIND EVERY SONY PRODUCT IS SONY Service *****11 SONY THE ONE AND ONLY
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  • HOME NEWS
    • 394 2  -  By JEFFREY TSANG TELECOMS will set up demonstration centres at Comcentre and the Science Centre to give the public a "hands-on" experience with new information communication services. Announcing this at the opening of CommunicAsia yesterday, the Minister of Communications and Information Dr Yeo
      394 words
    • 181 2 THREE MORE computer-aided instruction centres will be added to the Singapore Armed Forces by the end of the month to help improve its training system. Announcing this yesterday, the SAF Chief of the General Staff, Major General Winston Choo, said computer-aided instruction (CAI) would
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    • 94 2 FOR SIX WEEKS starting at 10am today, motorists will be able to use a temporary access road to Hotel Phoenix and Specialists' Centre. They can reach the hotel/shopping centre from Killiney Road and leave the area via Somerset Road. This is to allow
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    • 184 2 A GUIDED MISSILE frigate will lead a Dutch navy convoy into Singapore tomorrow to take part in a trade exhibition of high-technology civil and military products and services from the Netherlands. Some 35 Dutch companies will display their wares aboard the HNLMS Van Kinsbergen, one of
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    • 386 2  -  By CHUANG PECK MING FASTER PIZZA will be served in the financial hub of Singapore by a new Pizza Hut outlet opened yesterday by Cerebos Pacific, a company listed on the Stock Exchange of Singapore. This is made possible by what the
      386 words
    • 236 2 SOME 15,000 COPIES of a newsletter published by the Real Estate Developers' Association of Singapore are to be distributed to the public to provide more information on the real estate industry. The tabloid bi-monthly newsletter aims to be the "authoritative voice on real estate issues". The maiden
      236 words
    • 163 2 SINGAPORE HAS BEEN given the option to play host to a real estate world congress in 1991 that will have 2,000 participants. The 42nd World Congress of the International Real Estate Federation (Fiabci) will be represented by members from more than
      163 words
    • 183 2 SINGAPORE HAS BEEN designated Asia's top convention city for the third consecutive year by the Union des Associations Internationales (UAI). The Brussels-based UAI is an international association which compiles statistics on conventions held around the world, and ranks each country's standing by the number of conventions
      183 words
    • 654 3  -  I By BOEY KIT YIN AT LEAST 10 multinationals are keen to work with local supporting industries under a new government scheme designed to help supplier-companies in Singapore upgrade and develop. Dutch electronic giant Philips has given its commitment to the principle of joint
      654 words
    • 230 3 IF YOU THOUGHT that all the government did was provide defence, housing, education and the fire service, Just who did you think was taking care of barbeque permits, grave plots, fruit tree plants and raiding of brothels? All these, and more, are the
      230 words
    • 99 3 A TOTAL of 33 applications have been received for the Ministry of Community Development's Annual Grants Scheme for cultural organisations. The cost of funding approved cultural programmes is estimated at |1.4 million. The largest number of applications 10 in all came from drama/opera groups, followed
      99 words
    • 319 3  -  Young Singaporeans invited to voice opinions By MARTIN SOONG YOUNG SINGAPOREANS who disagree with Government policies can voice their opinions from within the People's Action Party Youth Wing, according to Brigadier-General (Res) Lee Hsien Loong. Brig-Gen Lee expects the wing to be
      319 words
    • 175 3 A TWO-DAY residential course to widen the political knowledge of key People's Action Party activists is being held this weekend at the Hotel Meridien. Mr S Rajaratnam, the Senior Minister (Prime Minister's Office),will lead the talk on political issues while BrigadierGeneral (Res)
      175 words
    • 130 3 (Chinese) ĕ] ritfJ To o jEfcftMmt *13: tmtL±te*\& %7js* it *»Jo ttHS«%®>lk^^ p-J ?£&JMit*tJ4> &unittii i^iMitjniEb'h^^ **sw& mnz&M $tn-fa jiHfuti nj o fu &isii+*l#mt£*s a£rnJ*FMiT?f¥ iVu Jft¥SW tfffi n*jtw«er nminn fom\* M )i ffi ife $5 a *#J4** t/rfa# lift it tffM&tff N&WMfSfci di *fr a *>ĕ]igi3i*¥£W#± ft 81 4=°
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  • Page 2 Advertisements
    • 61 2 Sshh Don't tell the rest of the world, but residents of ASEAN countries ca. stay at the Shangri-La Kuala Lumpui for as little as SSI23* (MSI44) until 31st December 1986. Plus service charge and government tax. Price quoted is subject to exchange fluctuations. ShangriLa hotel KUMA LUMPUR A SHANGRI-LA INTERNATIONAL
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    • 216 2 Interstuhl. It tabs only $135 to prevent you from falling head cmbt heels. Interstuhl. The one swivel chair specially designed with an anti-tilt 5-arm base and twin wheel castors. For people who like to get around fIHHW without falling over. f As for the back. It can be adjusted horizon--1
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  • Page 3 Advertisements
    • 288 3 ■r'f iS ft ,|U P a A 'A A I u r-Jt > > I In i(iun;' I in:' .iiv.i if' lov. :lv v"' '.ip.v v i I■: !.k llu .r.i mv n Ik ,lhi u! Hj iil l vH c.m iv -v. :iU\l i!Ho lii i\ .u 1;\ i"
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  • OVERSEAS
    • 392 4 Reuter WEST GERMAN central bank president Karl Otto Poehl has hinted that leading industrial countries meeting in Washington believe conditions are ripe for a fresh round of cuts in world interest rates. "Everything is coming down," Mr Poehl told reporters when asked
      Reuter  -  392 words
    • 174 4 AP ONE IN NINE US manufacturing workers owes his or her Job to buyers in other nations. Making goods for export occupied 2,027,200 US manufacturing workers, or 10.9 per cent of all manufacturing employment, according to the US Census Bureau's survey of manufacturers, which
      AP  -  174 words
    • 286 4 UPI THE DIRECTOR of a Moscow institute who is introducing new eye surgery techniques to American doctors said on Tuesday that his procedures could make some old people see better than they did as children. Dr Svyatoslav Fyodorov, the director of the
      UPI  -  286 words
    • 334 4 AFP WITH OPEC set to meet in Geneva on Tuesday, two studies published in Paris yesterday have shown a higher than expected oil output for the group at the end of the first quarter of 1966 on the eve of a seasonal drop
      AFP  -  334 words
    • 178 4 UPI THE OIL RESOURCES of the US, Western Europe and the Soviet Union will be used up by the turn of the century unless new fields can be tapped, a European Community analysis shows. "If the countries of the European Community
      UPI  -  178 words
    • 150 4 NYT THE US postponed a nuclear test on Tuesday that some administration critics had feared would lead the Soviet Union to abandon its moratorium on the underground testing of nuclear weapons. The US did not formally announce that it planned to hold the test
      NYT  -  150 words
    • 128 4 UPI IT'S NOT every college course that offers credit for soaking the instructor. Freshman engineering science students at Trinity University in the US test their skills by lobbing water balloons at Professor Richard Swope. The instructor stands 50 metres from the students, who launch the wa-ter-filled balloons
      UPI  -  128 words
    • 213 4 AP CLINT EASTWOOD, the tough-guy actor who in one of his movies holds a gun to a thug's head daring him to move and "make my day", was elected mayor of the Californian tourist village of Carmel-by-the-Sea. In Tuesday's election, it was the voters
      AP  -  213 words
    • 134 4 UPI THE US government will begin imposing a US$5 fee this summer for all passengers including US tourists who arrive by plane in the US from countries other than Canada, Mexico and the Caribbean. President Ronald Reagan signed the legislation, which is not
      UPI  -  134 words
    • 818 4 ARRIVALS Operator Senrico number Local time From SIA SQI17 0005 KUL LUFT LH688 0010 FRA/DXB UA UA805 0010 SFO/HKG RBA BI443 0330 BWN MAS MH681 0620 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950 KUL CPA CX7I0 1015 CGK MAS MH603 1020 KUL
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    • 392 5 NYT JAPAN IS ASKING the US and other Western countries attending next month's annual economic summit meeting In Tokyo to Join a new international effort to explore the frontiers of .science. The Japanese government 3*as told the other summit countries Britain, France, West •Germany, Italy, Canada
      NYT  -  392 words
    • 146 5 AP AUSTRALIA announced it -would have no part in Star Wars just before a visit by •US Defence Secretary Caspar ■Weinberg»'. Defence Minister Kim Beazley told the House of Representatives on Tuesday that Australia had rejected US entreaties to participate in
      AP  -  146 words
    • 324 5 AP FIVE PEOPLE were killed by suspected Sikh terrorists in Punjab on Tuesday while police raided a Hindu temple and arrested more than 200 Hindu radicals after a bloody clash that left about 85 people injured. About 400 Sikh militants were
      AP  -  324 words
    • 164 5 Reuter SWISS FINANCE Minister Otto Stich has defended a Swiss decision to freeze the assets of former Philippine president Ferdinand Marcos and has been quoted as saying that a bank lobby opposed to the move was "intransigent". "Ultimately, the banks will benefit from
      Reuter  -  164 words
    • 182 5 AP FEARING THAT the "capitalist tail" may be trimmed again, owners of household businesses in China are refusing to put their money in the bank. A sample survey in Beijing, and seven other cities revealed that private households were hoarding an estimated U556.25 billion
      AP  -  182 words
    • 442 5 AP PRESIDENT RONALD Reagan's trade chief hat attacked a draft proposal to «peed up overseas market-opening negotiations and to retaliate against barriers to US products. "We have to be careful that we don't get carried away with euphoria" over presidential retaliatory powers, Trade
      AP  -  442 words
  • Page 4 Advertisements
    • 218 4 Philips adds N h w d i m i: n s i o s To IN I o R \i i ion MAN A G I M I N I COUNT ON TBX. THE COST EFFECTIVE TELEPHONE SYSTEM. For real cost benefits and improved communications efficiency, you can count on
      218 words

  • Page 5 Advertisements
    • 81 5 Before you send for a credit card, it's worth knowing that in over 1,300 offices worldwide. Absolutely free. And even if you fail to report the loss, your maximum liability is only $125. For an application call *****44. |H| The American Express Card. Don't leave home without it. I 4
      81 words
  • Page 5 Miscellaneous
    • 74 5 Doonesbury GOOD, GOOP. ILLTELL YOU W( I CALLED. r/H VERY INTERESTED JV ACOURtNG ONE OF HfSZOMBG SLAVES, AMR.L&UME MR. PUPUtS? YES, THtS ft MR HARRIS. I UNDER STAND YOU REPRESENT EXPRESCENT-FOR-UFE DUVAUBR. 1 7 g m A"': a BY GARRY TRUDEAU *HY* SENTIMENTAL REASONS, MOSTLY. MAN RENEGOTIATE* GREAT. IM GOING
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  • BANKING ND FINANCE
    • 328 6 Reuter SPECULATION of an imminent cut in the US discount rate reached fever pitch on Tuesday after Southwest Bank of St Louis said it would cut its prime lending rate to 8 3 /4 per cent from 9 per
      Reuter  -  328 words
    • 320 6 FT Reuter BRITISH BANKS have cut their base lending rates to 11 per cent from 11 Vi per cent. The cut, the second since last month's budget, followed a steep drop in money market interest rates in the wake of sterling's strength in recent
      FT; Reuter  -  320 words
    • 771 6 Some dealers fear EMS revaluation of mark inadequate Reuter THE EUROPEAN Monetary System (EMS) realignment at the weekend brought relief to currency markets long expecting it, but dealers and analysts are uncertain if the unexpectedly modest revaluation of the mark can hold for long. Dealers were
      Reuter  -  771 words
    • 169 6 CHASE MANHATTAN Bank in Singapore has sliced its housing loan rates by a quarter percentage point. The revised rates from today are 8 per cent for loans up to 10 years and 8.25 per cent (or loans up to 20 years. Earlier this week, DBS
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    • 745 6 NYT TEXAS BANKS begin reporting first-quarter results this week, and Wall Street is steeling Itself in anticipation. Analysts expect the banks to add hundreds of millions of dollars to their loan-loss reserves because, with oil prices depressed, the banks might not recoup the
      NYT  -  745 words
    • 266 6 NYT AMERICAN Treasury Secretary James Baker, in a letter addressed to US Senate Majority Leader Bob Dole and Banking Committee chairman Jake Garn, has said that the Reagan administration opposes passage of an emergency relief bill for banks that lend heavily to farmers
      NYT  -  266 words
    • 375 6 Reuter SWEDISH BANKS will be able to set up merchant banking units and run their own brokerage subsidiaries, practices which are banned under current law, under a proposal by a gov-ernment-appointed committee. Chairman Nils Horjel said the Credit Market Committee, which will present its
      Reuter  -  375 words
  • Page 6 Advertisements
    • 58 6 Come on over to Frans for its SALE of 181 pieces of specially priced Wilkhahn office chairs. Wilkhahn.Sitzt. West Germany 0 I 1 1 i 0P p\HG FRANS FURNITURE PTE LTD prOflQ 100 Orchard Road, #02-100 Meridian Hotel (Along Kramat Lane) I IO Singapore 0923 Tel: 737 2244 Telex: FRANS
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  • MONEY AND EXCHANGES
    • 437 7 SINGAPORE The US dollar closed narrowly mixed yesterday against most major currencies after fluctuating in volatile and nervous trading. The dollar closed lower at 2.3215/30 marks compared with New York's 2.3325/35 close and at 1.9565/80 Swiss francs against 1.9645/55. It ended firmer at 180.00/10 yen compared with New
      437 words
    • 170 7 Interbank rotes ot 3pm yesterday: BW OMar c •tea par My efcaafo Local doWeri^te CHfTCiKy! US dolor Staring pound Au»trafion dolor NZ dolor Canodmn dolor 2.1950 ***** 1.5782 1.2050 1.5877 2.1960 3.2281 1.5811 1.2078 1.5895 2.8196 7.3469 3.4286 3.4286 3.4206 -22.15 -56.11 -53.97 -64.85 -53.58 Local dollars to
      170 words
    • 300 7 EURODOLLAR futures opened on a firm note yesterday. The June contract traded to die high of 93.39 on strong buying interest after opening at 93.35 in active trading; it finally ended at 93.38. Currency futures gaped sharply higher but eased later in the day. June D-mark closed 93 ticks
      300 words
    • 239 7 HONGKONG: The metal closed lower in fairly quiet trading yesterday, mainly on profit-tak-ing by physical sellers. Bullion ended at U*****.00/50 an ounce compared with New York's $340.00/50 close and the $339.80/340.20 finish here on Tuesday. On the local market, gold closed HK$lO lower at $3,150.50 a tael. Krugerrand shed
      239 words
    • Article, Illustration
      5 7 Ml hi feppn
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    • 379 7 Asian market ASIAN DOLLAR deposit rates closed sharply lower yesterday compared with Tuesday's level in fairly active trading. Overnight closed at 7-1/16 6-15/16 per cent, down potnt from the previous done and week fixed at 7-1/16 6-15/16, down 5/16. One month closed at 7 6-7/8, down 5/16 tram Tuesday night,
      379 words
  • Page 7 Advertisements
    • 273 7 THE NEW PHILIPS PCs KEEP YOU ONE STEP AHEAD IN BUSINESS Introducing two advanced new PCs from Philips the Philips 3200 and 3102. For large companies and medium to small companies (or private individuals) respectively. You'll find they not only have better memory than the competition their hard disk performance
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  • FEATURES
    • 506 8 IT WOULD BE A PITY if the decision of some companies to go on paying employers CPF contributions at the old 25 per cent rate were to send out the wrong signals about the absolute necessity for wage restraint. There may well be a number
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    • 1195 8  -  Singapore will have a lavish stand at Expo 86 in Vancouver, reports LIM SOON NEO who was there recently. LIM SOON NEO VANCOUVER figures prominently in Singapore's eyes this year it is the site of Expo 86, where Singapore will have a lavish stand among
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    • 768 8 AT EXPO 86, business visitors will be told the trade and investment opportunities available in Canada, especially in British Columbia. There will be a "Canada Business Opportunity Centre" during the Expo period for business visitors interested in Canadian trade and investment opportunities. At this centre, located
      768 words
    • 399 8  -  Letters to the Editor Huang Heng Chuen Dear Sir, Far East-Levingston Shipbuilding Ltd (FELS) is 62 per centowned by Keppel Shipyard Ltd. It has a paid-up capital of $49,588 million in shares of (1.00 each. FELS should seriously consider some corporate moves to make shareholders
      399 words
    • 92 8 Dear Sir, I recently received a medical certificate from an employee with this endorsement "The certificate is not valid for absence from court or other judicial proceedings unless specifically stated". Can a person be medically unfit for work and yet be medically fit to
      92 words
  • Page 8 Advertisements
    • 80 8 ttfc/I Choose from W/ Kampachi's exquisite KAMPAwr Japanese Set Lunches Japanese Restaurant Tfie /offy prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of lapanese lunches. Priced at only 16-1- -f per set,
      80 words
  • Page 8 Miscellaneous
    • 664 8 CRYPTIC PUZZLE ACROSS 1 Show garment? (6) 7 Youthful letter on a Srenade explosion! (5, 8 Mislay in a closet (4) 10 Struck by a thief? (6) 11 Pressure causing much distress (6) 14 When cast, it's full of holes (3) 16 Speed attempt with wealth (5) 17 OtheMo's land?
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  • SPORTS
    • 317 9 AFP THE ORGANISERS of the Wimbledon Tennis Championships pushed the tournament's prize money over the £2 million mark for the first time, but the increase is less than in recent years. Following last year's rise of 32 per cent, Wimbledon's rewards for this year's
      AFP  -  317 words
    • 277 9 UPI BUTCH WYNEGAR hit a threerun homer to back Ron Guidry's first opening day victory on Tuesday, propelling the New York Yankees to a 4-2 decision over the Kansas City Royals. The largest opening day crowd in the history of Yankee Stadium 55,602 saw
      UPI  -  277 words
    • 306 9 Reuter AP BRAZIL, inspired by the skills of midfielder Alemao, recorded a morale-boosting 3-0 win over East Germany in a World Cup warm-up soccer match on Tuesday. The Brazilians, among the favourites for the Mexico finals starting on May 31, lost to West Germany
      Reuter; AP  -  306 words
    • 461 9  -  SLTA moves to save Singapore Open and Team Tennis By WALTON MORAIS THE SINGAPORE OPEN grasscourt tennis championships and the Team Tennis competition will be held this year despite sponsorship difficulties. The Singapore Lawn Tennis Association moved to save both competitions in a meeting on
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    • 696 9 AFP THE US MASTERS is not so much a golf tournament as a highly revered, and equally exclusive, institution. Today, the majestic Augusta National Golf Club opens its doors, but only to the privileged, for the 50th Masters which, as always, comprises a field
      AFP  -  696 words
  • Page 9 Advertisements
    • 299 9 V IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every
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  • Page 9 Miscellaneous
    • 1165 9 w m mm THURSDAY FEATURE SPECIAL Rhineatone 1030 pin, ChaniMl 5 Sylvester Stallone was voted worst actor last year by a panel that does the opposite of what the Oscars do. He and Dolly Parton team up as a cab-driver and a country girl who sings at a New York
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  • INTERNATIONAL STOCKS
    • 341 10 AP A US FEDERAL bankruptcy judge has dismissed a challenge to United Press International's reorganisation plan, moving the sale of the news agency to a Mexican newspaper publisher one step closer to fruition. Judge George Francis Bason Jr denied an objection filed by UPl's chief
      AP  -  341 words
    • 166 10 Reuter THE BOARD of BL PLC is continuing talks with potential buyers of its Land Rover and Freight Rover units with a view to receiving confirmed or revised proposals by April 15. In reply to a parliamentary question on Tuesday, British
      Reuter  -  166 words
    • 314 10 Reuter WALL STREET stocks snapped back on Tuesday from recent setbacks, as interest rate and oil price declines fuelled the rally. Talk of a cut in the discount rate triggered an upswing early in the day, traders said. The Dow Jones Industrial Average
      Reuter  -  314 words
    • 142 10 Aft OS AMto Alcon a 2314 44* Imp Ol hco Int Pro* Pipa tot Ut* 46* 21* 43* 22* inch AJgoroa Argoan Hdg» 16 V* Kan Add LoMaw 8 26* unch Bank Moot 34 Bark Nova Scotia Bai Canada 14 39** pAC DKMMI Mohon A 26 unch BP Can
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    • 209 10 AM 08 toad Unnac 1375 INDUSTRIALS MMMGS A Alpha 1100 unch unch 25 unch 75 +5 4400 50 Abarcom AE And CI Amaprop 1175 525 4175 AngKoarf Bhoroori BuHab 1625 7350 unch inch Bartow* C G Smrtti 1600 2000 Chortar Com Gold 1200 ***** 2380 Edgort Fm Vofc *****
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    • 701 10 AP« 08 USS AJcon AJumn 32* 41* 1 Aieflheny Lud AJted Cham Cp AJhed Storm Ali-Oiatntn Am Brandt he Am Broodcast Am Can Co Am Cyanarrad Am Eloc P*r Am Express Am Horn* Prod Am Motors Cp Am NoMal Gos Am Tel A Tel Amax kK Amerodo Mass
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    • 828 10 Amsterdam An o$ Fk ABN 592 50 -1.5 106 40 -0.7 Ahold Akzo A*€V Amro lank Baikal Boh Bonum* •400 -1 179.90 1.2 7*90 -0 6 31.50 -0.5 663 00 -6.5 k>T« ***** *2 Cotond ***** <««ch CM Mj Bmmw Fgh Fokkar Gamma GMtmc 1(7.00 -1.2 43 JO
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  • Page 10 Advertisements
    • 545 10 c Wtere to wiae, dins mi eatertala MR I; /r=2 TUNlom Whole Leg of BabyVe^ The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the
      545 words
    • 156 10 |?;,@*>=_/[,)=??,:=<.,/'$?)/~_. «r Compliments of the house At Fer* Cheng Lbu,Teochew Seafood is our speciality And to salute all you food customers, a free dish ot deep-fried prawn-meatballs is yours when you order from the a la carte menu. Come soon far lunch or dinner and treatyouraeif to our delicious delicacies
      156 words

  • ASIAN STOCKS
    • 372 11 HONGKONG: Share prices closed higher yesterday in heavy trading as buyers continued to flood the market. Brokers said sentiment was bullish as institutions which earlier had switched their funds overseas had now returned as the local market was cheap compared with those abraod which seemed to be topping out.
      372 words
    • 209 11 AM 09 AJ Sncara Mui MT$ 2.74 23 70 Nan Vo Pla» Pocrfvc Cons 003 Pocfhc Elact 0 2 Wn 35 50 22 60 14.10 06 unch 0.2 32 50 0.4 113 001 40 00 -0.2 Sharp 1580 03 23.60 +0.4 SNhto Papar Ono Hun Camant 23.40 32.80 +0.1
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    • 417 11 TOKYO: Share prices advanced in moderate trading yesterday on hopes of a further round of cuts in US and Japanese interest rates, brokers said. But they said investors remained undecided about which sectors would take the lead in a new upward cycle after the sharp downward correction which began
      417 words
    • 67 11 Aft 09 ftm Onantd B Phtoi B 0 2050 unch Angio Phi 0012 unch PLOT 81 -05 13 -5 Podco B Boguio Gold Bosk Patrotaum Banpuat Con. B Z 0*003 no unch unch Pogti San Mifliwl B Saafront 47 30 0006 0.5 -***** Fint PM HM01 360 0 4
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    • 333 11 SYDNEY: Australian share markets yesterday closed firmer as demand for quality industrial issues increased and leading mining stocks recovered from early lows. At the close of trading, the All Ordinaries Index had risen 6.6 points to 1154.8 and the All Industrials Index put on 12.7 points to 1865.2. The
      333 words
    • 74 11 AM 09 Won Hyundai Carat Hyirtdai Motor 1070 2360 -4 -1 695 -15 KAL 1137 •11 640 .3 700 -23 715 -4 -7 2255 -15 620 Koroa Shs 413 22 1061 •5 Lucky Ltd 1098 +3 1290 urvch 1090 L*»ch 540 -15 Sarraung EWc 2066 -17 GoldStar 1362 -8
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    • 142 11 BANGKOK: The Securities Exchange of Thailand Index yesterday fell 0.63 to 130.68. Turnover amounted to 1,620,213 shares valued at 200.1 million baht. AM 0* Starn Cwnant Sam CiMm 443 Map -8 Siam Oy Cmmm Aokham Thai 456 ♦2 Amo Fixt Ayiittwyo Inv 115 5 South Amo Ffera And Trust
      142 words
    • 65 11 Reuter THE MARGIN to be paid by clients to Hongkong Futures Exchange members for positions on Hang Seng Stock Index futures will be HK$lO,OOO per lot when trading begins next month. The exchange said the value of each lot would be $50 multiplied by the
      Reuter  -  65 words
    • 441 11 Insider trading charges cited FT BROKEN HILL PROPRIETARY Company has issued writs against the Bell and Adelaide Steamship groups alleging insider trading in BHP shares. Among the remedies BHP is seeking is the forced disposal of the 235 million BHP shares worth Asl.6
      FT  -  441 words
    • 205 11 Reuter THE PHILIPPINE government has impounded a further 16 million shares in the giant San Miguel Brewery company, bringing the value of stock frozen so far to about US$l7O million. A spokesman for the Commission on Good Government said in Manila
      Reuter  -  205 words
    • 128 11 UPI HONDA MOTOR OO has signed contract with the Austin Rover Group of Britain under which the British company will produce the Honda Ballade on consignment. Honda, the world's largest motorcycle manufacturer, said on Tuesday that production would be-* gin at Austin's
      UPI  -  128 words
  • Page 11 Advertisements
    • 537 11 B®r as Em to wim, dli»« aai eatetaia \2* i u f 1 1 ifa.*- /<- w Your evening begins... .at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily.
      537 words
    • 47 11 $12.50 be BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES J 1 sLu f Lunch Hours: 12 noon 3pm 10% service charge &3% government tax not included. 19, Cairnhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** _J m a 4t> J* PBik Vitw Sing>pnffi "?/V*
      47 words

  • RAW MATERIALS
    • 290 12 Reuter THE INTERNATIONAL Tin Council (ITC) is to claim diplomatic immunity in defence of a £10.6 million legal claim by Standard Chartered Bank PLC, oHginally due to be heard in the kigh Court in London today. Delegates said the decision to defend
      Reuter  -  290 words
    • 176 12 THE SLUMP in the price of tin since last October has prompted Australia's Aberfoyle to halt mining and milling operations at its Ardlethan (New South Wales) mine from the middle of this year. In addition, South Africa's gold fields are considering a possible 20
      176 words
    • 321 12 Reuter PAKISTAN'S edible oil imports, now freed tram government control, will be subject to a regulatory duty of 3,000 rupees per tonne. The Pakistani government said the duty, to be reviewed every week, will replace the excise duty and import surcharge previously payable
      Reuter  -  321 words
    • 139 12 AFP FAIRLY GOOD demand prevailed at the weekly tea auction in London on Monday, where 37,864 chests of 48 kg each were on offer, including 8,840 offshore. The London Tea Brokers' Association reported that selected Assams advanced 10 to sometimes 20 pence per kg,
      AFP  -  139 words
    • 250 12 AFP AUSTRALIA has sold 150,000 tonnes of raw sugar to the Soviet Union, according to trade sources in London. In addition, freight enquiries have been reported from several Central American countries, including Belize and Nicaragua, to the Soviet Union, suggesting that such requirements are
      AFP  -  250 words
    • 132 12 AFP MORE THAN 40 international companies are currently inspecting geophysical and geological data for oil exploration in Malaysian waters, according to the national oil corporation, Petrooas. Petronas said in its monthly bulletin, released on Tuesday, that the companies were among 80 oil exploring companies invited
      AFP  -  132 words
    • 101 12 Reuter CHINA will invest 100 million yuan over the next five years to develop a large non-ferrous metals mine at Kangjiawan, Hunan province. The New China News Agency said the mine, which contains lead, zinc, gold and silver, is expected to produce 300,000
      Reuter  -  101 words
    • 146 12 Chinm Produce Exchange Setters' noon closing pricos on Apr 9 (SS/100 kg) Coconut oil Bufc FOB 50 00 Otd drum FOB 63 00 New drum FOB 67.00 G>pro Mixed (loose) 28 buyers Pepper Muntok White FOB NLW 1200 00 Sarawak White FOB foq NLW 1185 00 Sarawak special
      146 words
    • 193 12 MALAYSIAN crude palm oil prices extended Tuesday's (alls to close at the day's lows yesterday on short selling and a reserve of buyers, in sympathy with weaker palm oil futures. Dealers said a lower Chicago soy oil futures close on Tuesday night pressured levels. In the April position,
      193 words
    • 221 12 THE NEARBY MAY wheat futures contract ended another frenetic session sharply lower on the Chicago Board of Trade on Tuesday, off seven US cents a bushel. New crop July rose 2 1 cents. The premium of May over July has eroded by nearly 20 cents in the past two
      221 words
    • 66 12 Broken Rico A-l Sup«r A-l Special C -l SmcmI C-l Ord 115 112 unq unq Bangkok (USVtMM. FO») Whit® Rico Loonzoin Rico 100% 1st grodc 100% 2nd grade 100% 3rd grade 2?§ unq 100% 1st dou 100% 2nd ckm 100% 3rd dou 5% 245 220 215 205 200 195
      66 words
    • 148 12 THE PBICE of tte aa the Kuk Lampu Thi Mar* ket wm fixed at Msl4Jf per kg yesterday. A KLTM apekeemaa mM Be price wm fitted sa Tieany beeme total altera were helew the ■fcl— 19 toaaea repaired nier mw rales. Yesterday's priee waa IK eeata above the
      148 words
    • 238 12 SOYBEAN FUTURES on the Chicago Board of Trade closed 2V« to Vi US cent a bushel higher in light trade on Tuesday. Spot May ended near the middle of a narrow 3V«-cent range. After a stronger start based on the weaker US currency and increased meal trade in Europe,
      238 words
    • 318 12 BMQAPOHE The market closed higher yesterday with May One RSS buyers quoted at 157 JO cents a kg, up 150 ceuta from Tuesday. Speculative buying aad short-covering caused prices to rise three cents in quiet morning trading with sentiment Influenced by market talks of a strike by aome Malaysian
      318 words
    • 252 12 RAS prices m S t—tiAf. FO8 m k NOON CLOSC kit 1 RSS Prompt 156.00 Int 1 RSS Moy 86 156 00 kit 1 RSS June 86 158 50 kit 2 RSS O P 157.50 kit 3 RSS O P. 155 50 kit 4 RSS O P
      252 words
    • 99 12 (cwrtiAf. 1-ta pdtati) MAY 86 JUNE 86 lamm month) (forwon i Month) NOON NOON RAS B«y «n WSovs layers SGBVS SSR 20 153 50 155 50N 154.50 156 SON SSR 50 149.50 151 50N 150 50 I52.50N MRELB l*|iti jilm 1mymn S»lin SMR CV 206 00 210.00N
      99 words
    • 592 12 COFFEE Robusta futures ended at the laws of a maximum £79 traded range on Tuesday, up £3 to down £15 a tonne from Monday night. At the close, second position July was £9 down from the previous close at £2,315 in a £2,380/2,310 high/low. May was £3 higher
      592 words
  • Page 12 Advertisements
    • 107 12 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 it is never too early in the day to make a good impression. It's not every day
      107 words

  • 4036 13 SHARE PRICES weakened across a broad front on the Singapore stock market yesterday in the quietest day's trading in nearly two months. At the cloae, the Straits Times Industrial Index was marked 1.03 points lower to 580.33, while the more
    4,036 words
  • 244 13 SINGAPORE Rim MM ttGM Aari 8 Aani 9 488 06 ***** U A C 192 13 IT Gmmhmm 3SI +6 IT Macatar *****10 *****41 1 ..hurii M SO. 146 6 8T08/0S +22 -108 *n— 13 4 IT CADI •7229 -7289 FAN 570 +5 IT 08V -*****1 -2*2*42
    244 words
  • 2227 13 BID and otter prices offlrlslly listed and bnstneas In mad reparted to the Stock Rxrhipge at >p|W yesterday with the number of dura traded riion to brackets in lots at 1,000 units unless othetwise specified. All Time Settlement Coatracts are quoted after the ward "SETT".
    2,227 words
  • 112 13 HONGKONG Australian Industrials Hongkong Index Wednesday 1089.39 Wednesday 1865.2 Tuesday 1852.5 Week ogo 1822.5 Tuesdoy 1073 82 Week ogo NA NEW YORK Hong Song Index Wednesday 1752.34 Dow Jones Tuesday 1769.76 Tuesday 1727.93 Monday 1735.51 Week ago 1603.27 Week ogo 1790 11 TOKYO Stondard Poors Nikkei Average Tuesday
    112 words
  • 234 13 Monogm' prices for April 10 Singapore Unit Trust The Commerce 0.79 0.84 The Savings Fund 0.62 0.67* S'poft Prog Fund 0 32 0.34 S'porc Sec Fund 0.51 0 55 S'porc Invest Fund 0 45 0 48 S'porc Equity Fmd 0 36 0 38 Asia Unit Trust Mol Invest
    234 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 354 14 MBT SAMANDA HOLDINGS is firing stringent measures to reduce operating costs, step up research and development to upgrade quality and widen the range of Its products. The group is involved in investment holdings, the manufacture of adhesive tapes, rubber and elastic products, conversion of
      MBT  -  354 words
    • 1159 14 SELLERS dominated trading on the Kuala Lumpur stock market yesterday and share prices were marked lower across the board. Especially hard hit were speculative Industrial issues with some suffering double-digit losses. In the other sectors, losses were mostly marginal. Trading pace was at about overnight
      1,159 words
    • 518 14 FT LLOYDS BANK is prepared to pursue its offer for Standard Chartered Bank by hostile means if necessary, even though it has indicated its distaste for an all-out takeover battle. David Home, the director of Lloyds Merchant Bank which is handling the bid,
      FT  -  518 words
    • 311 14 MBT EMTEX CORP Bhd said its proposed acquisition of property-based Nation Holdings Sdn Bhd will enable it to continue development in the property sector. It explained that the decision to continue property development was taken as a result of its policy to diversify
      MBT  -  311 words
    • 2114 14 Ho» For (2 186 2 I9S) (6) 2 19(1) 2 18 cd Honokono Tin (I 295) (20) 1 36 (14) I 35 (6) 1 33 (17) 1 34 (22) I 33 (2) 1 32 (15) I 30 (6) 1 31 (4) I 28 (18) I
      2,114 words
    • 811 14 SHARE PRICES opened firmer in quiet trading g yesterday, although dealers said the early gains did k not fully reflect the sharp- ly higher overnight close > on Wall Street. At 0845 GMT. the FTSE 100 Index was 7.8 higher at l 1,683.5. h Tuesday's '/2-point base is
      811 words
    • 75 14 INCH KENNETH EAJANG RUBBER PUBLIC Ltd Cm: 76th AGM at 5th Floor, Straits Trading Building, 4 Leboh Pasar Besar, Kuala Lumpur, Malaysia tomorrow at 12.30pm. CARLSBKRG BREWERY Malajria Bhd: 16th AGM at No 55 Persiaran Selangor, Section 15. ***** Shah Alam, Selangor, on Tuesday, April 15, at 11.30am.
      75 words
    • 604 15  -  By RAMESH CHANDIRAMANI AS EXPECTED, United Plantations Bhd has produced lower operating profits in 1985, which, although in line with the results of the other commodity-based companies, are still better than its ma jew rivals. And even though directors think it
      604 words
    • 426 15 SAMANDA Holding has urged its shareholders to vote for the acquisition of 62,6 per cent in Central Industrial Corp Sdn Bhd, a manufacturer of label stocks and specialised tapes used mainly in packaging advertising, general labelling and identification. A resolution seeking shareholders' approval has
      426 words
    • 590 15  -  By HOCK LOCK SIEW HARIMAU INVESTMENTS Ltd's letter to shareholders explaining the $10 million loss provision in its 1965 accounts has posed more questions about the transaction. Harimau Investments says that at no time did it or its dealing subsidiary, Wilkie Securities,
      590 words
    • 283 15 AT A SPECIALLY arranged meeting today, members of the Singapore Technical Analysts and Traders Society (STATS) will be addressed by two chartists. Mr David Fuller, a Lon-don-based technical analyst who produces his own investment letter, Fuller Money, will discuss the present state of the
      283 words
    • 160 15 TAT LEE FINANCE Ltd announced that according to declarations received at the end of March, the beneficial ownership of the issued share capital of the company by foreign persons constituted 1.93 per cent. PALMCO HOLDINGS Bhd, the palm oil refining-based group which planned to venture into financial services
      160 words
    • 177 15 Com pony RIGHTS ISSUE Alcorn Two-for-three fe $1 00 per share Duto Cons One-for-one $1.10 per share George Town Two-for-one <g, $1 (X) per share Kesong Hldgs Three-for-two to, $1.10 per share M A A Five-for-one (g, $1.20 per share Peak Huo Three-for-one fe, 1 00 per shore
      177 words
    • 262 15 MALAYSIAN businessman/politician Tan Koon Swan was yesterday granted leave to return to Kuala Lumpur till May 5, the day on which his trial is scheduled to begin. This is the sixth such home leave granted to Mr Tan ever since he
      262 words
  • Page 14 Advertisements
    • 611 14 NOTICES ARCADIA GARDENS m LTD (In Members' Voiuntery Liquidation) At an extraordinary general meeting of Arcadia Gerdens Pta Ltd held on 31 March 1966, the following Special Resolutions war* duly passed 1. That the Arcadia Gardani Pta Ltd ba wound up wluntarily and thot Maori Roger Philip Edmonds, Jeffrey Hang
      611 words
    • 356 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION 290 (2Mb) AND IN THE MATTER OF Yuen Km Gold Aectnorln Pie. Ltd. At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road, #12-01 12-11 Golden Mile Tower, Singapore 0719
      356 words
    • 362 14 Support sought for proposed acquisition, Pago 15 Act, Cap. 1M Ami bi The Matter at wpt (AO) Pte LM (la Mmtoi' VaMary WMtag-U»> NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Cap. 186, that the final general meeting of the members of the abovenamed company will
      362 words
    • 278 14 THE COMPANIES ACT, CAP. m AND IN THE MATTES OP J ASA BUM (BDK3APOBE) PTE LTD (IN VOLUNTABY LIQUIDATION) MEMBERS' VOLUNTABY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and neld at 10 Collyer Quay #09-05 Ocean Building, Singapore 0104 on the 2nd day of April 1986,
      278 words
    • 68 14 INTERNATIONAL TRUST FINANCE LWRTED (Incorporated m Singapore) Pursuant to Article 32(4) of the Articles of Association of the Company, it is hereby announced that from decorations received by the Company as at the end of the first quarter of 1986, beneficial t—enhfr of the issaed capital of the Company by
      68 words

  • Page 15 Advertisements
    • 159 15 MARKETING IN PRINT MEDIA MANAGERS Times Business Publications Ltd, a subsidiary of The Straits Times Press, which is the leading newspaper publishing group in the region, has career opportunities in the Advertisement Department of Business Times. We invite prospective applicants with potential for advancement to take this challenge to join
      159 words
    • 10 15 M anagers ust anage BT shows you how every Monday.
      10 words
    • 108 15 1 i I STANDARD ***** 16-bit CPU 8 MHz dock we 512 KB RAM expandable to 2 MB 00-boaid 12 MB Floppy Drive Single card. Floppy/ Hard Disk Controller Single card, color graphics (sid.)/ monochrome (high-res) adaptor 8 Expansion slots (2 XT/6 AT) Paralel printer port Battery back-up dock rmtmtmr
      108 words

  • 499 16  -  By LEE HAN SHIH HOPES that the stronger yen would persuade General Electric (USA) to revitalise its operation in Singapore have faded for 110 workers in its consumer electronics division who are to be retrenched tomorrow. The retrenchment is part
    499 words
  • 87 16 TRAINEE TEACHERS from July will be bonded to the government for three years after completing their training. Entrants to the Institute of Education and the College of Physical Training are currently given bursaries without any obligation to the government. The Ministry of Education yesterday explained
    87 words
  • 419 16  -  By CHUANG PECK MING A MAJOR United Nations body is confident that Singapore will overcome its economic problems. "Despite its current difficulties, the fundamentals of Singapore's economy continue to be sound, with near full-employ-ment, low inflation, zero foreign debt and large foreign reserves," says
    419 words
  • 177 16 Reuter INFLUENTIAL Congressman James Wright has said that the Reagan administration's hands-off policy towards falling oil prices could damage US security by increasing American dependence on foreign oil. "Right now, the world is revelling in an orgy of cheap oil. But how long will that
    Reuter  -  177 words
  • 259 16 SINGAPORE AND FIJI have agreed to broaden areas of cooperation after talks between the Prime Ministers of the two countries yesterday. During a 45-minute discussion, Prime Minister Lee Kuan Yew suggested that one area of cooperation was in the shortage of trained airport ground
    259 words
  • 262 16 A LAST-MINUTE arrangement between Asian Ad and Fortune Advertising and the Central Provident Fund has saved the advertising group from a bailiff's sale scheduled for tomorrow. According to a CPF spokesman, part payment of employees' arrears had been made by the two companies,
    262 words
  • 448 16 Reuter THE INTERNATIONAL Monetary Fund has predicted that the global economy will expand a modest 3.1 per cent this year but said collapsing oil prices may drive the growth rate higher. The forecast compares with 2.9 per cent expansion last year and the IMF
    Reuter  -  448 words
  • 287 16 LICENCES will be required for drivers of powered pleasure craft from next April. To qualify, drivers must be at least 16 years old. They must pass an eyesight test, not be physically handicapped and they must attend an approved course in
    287 words
  • 273 16 UPI AMERICAN AIR FORCE officials, apparently racing to conceal their failure to spend budgeted funds, doled out more than US$l billion "on the 12 days of Christmas" last year often with few safeguards against waste. Congressional investigators said on Tuesday the yuletide spending spree
    UPI  -  273 words
  • 88 16 Reuter ITALY'S Agriculture Ministry said some Italian wine exports were being delayed because of the need to produce new clearance certificates guaranteeing purity, but no ban on foreign sales had been imposed. A ministry spokeswoman said reports from Brussels speaking of a temporary
    Reuter  -  88 words
  • 145 16 NYT ALTHOUGH MEXICO'S finances have been hurt by the plunge in oil prices, it has experienced a net inflow of capital in the last three months that gives it more room to manoeuvre in dealing with foreign creditors and international financial Institutions. In an
    NYT  -  145 words
  • 76 16 COMEX GOLD futures yesterday lost more than US$3 on disappointed selling after the market opened weaker than expected. Gold for delivery in June fell $3.10 at $339.80 an ounce. Analysts said the selling pressure increased when the market posted opening losses of up to $1.60, versus expectations for
    76 words
  • 55 16 Reuter WALL STREET stocks rose yesterday from Tuesday's much stronger close, with investors becoming more bullish over prospects for lower interest rates. Anticipation of a discount rate cut continued to be a prime motivating factor, traders said. The Dow Jones Industrial Average, after rising 34 points on
    Reuter  -  55 words
  • LATE FILE
    • 52 16 NST THE RULING Malaysian National Front yesterday decided not to accept applications by political parties in Sabah for membership for the moment. It would also not intervene in Sabah's political affairs until the outcome of the state's elections next month, Prime Minister Dr Mahathir
      NST  -  52 words
    • 46 16 AP THE MALAYSIAN government has postponed passage of amendments to the Official Secrets Act after protests against the proposed changes. A spokesman said the bill to amend the Act would be presented during the next session of parliament. AP
      AP  -  46 words
    • 43 16 AP CHINA (dans to decentralise control over its railway sys-. tem. The Ministry of Rail- ways said yesterday it would introduce a contract system for day-to-day management of rail lines, engine- and I coach-building and other operations. AP
      AP  -  43 words
    • 37 16 UPI JAPAN'S trade surplus in fiscal 1965 ballooned to a record U5552.56 billion, led by record exports to the US and fuelled by a 12 per cent dip in imports of oil. UPI
      UPI  -  37 words
    • 36 16 Reuter ISRAELI Finance Minister Yitzhak Modai yesterday bowed to Prime Minister Shimon Peres's demand that he resign, saying he would agree to step down to save the coalition government from collapse. Reuter
      Reuter  -  36 words
    • 37 16 UPI WEST GERMANY yesterday ordered the expulsion of two Libyan diplomats in retaliation for a Berlin night club bombing. Sources said the two were known as officers of the Libyan intelligence service. UPI
      UPI  -  37 words
  • Page 16 Advertisements
    • 65 16 For course brochures and registration forms, please complete the attached coupon or contact us at Singapore Institute of Management IS. Soils Road. level 4, Thong Tet k Building. -Spore 1W22 Tel 7»78K«6 jLable SIMANAtiF. Tlx SIM RS ***** To. Singapore Institute of Management Please send me the brochure and registratH
      65 words
    • 180 16 Introducing the NEW Visit us at Booth 4E/05, CommunicAsia 86 InfotechAsia 86, 9—12 April 1986, World Trade Centre. 5 A m t Converts the simplest personal Features now available on TELEXBOX 3: computers into low-cost, J of high-efficiency telex terminals Messages With no special host Automatic Re-dialßng software needed Multi-Addressing
      180 words
  • Page 16 Miscellaneous
    • 52 16 Outlook for today: Showers over mony areas in the afternoon. Report for 24 hours prior to 7.30pm on Apr 9 at the oirport: Maximum temperature 31.5 Associated humidity 64 Minimum temperoture 25.8 Associated humidity 93 Hours of sunshine 8.40 Rainfall in millimetres 0.4 Rainfall this month 76.7 Rainy days this
      52 words

  • SHIPPING TIMES
    • 308 17  -  By G Durairaj THE MALAYSIAN INTERNATIONAL Shipping Corporation has formulated a fleet modernisation and rationalisation programme to keep abreast with changing trade patterns and technological developments. The corporation, which recently hived off four of its uneconomical vessels, has identified vessels which may have to be
      308 words
    • 343 17  -  By SHAHRIR ARIFF CUSTOMERS OF Searoad Service Pte Ltd are in for a surprise. On April 30, the cargo agent and consolidation company will conduct the first of a series of lucky drays on its delivery orders for March and April.
      343 words
    • 215 17 Seatrade Week THE PROBLEMS posed by the now-defunct Galleon Shipping in the Philippines refuse to go away. From Manila came news that a former executive in the collapsed shipping line has claimed that Marubeni Corporation in a deal on three newbuildings and four
      Seatrade Week  -  215 words
    • 134 17 TYNEDOCK Engineering based in South Shields, has iust delivered the 12,800 bhp anchor handling tug Maersk Runner to its owner, The Maersk Company, after a conversion to equip the vessel to carry oil based mud and brine. The £160,000 contract entailed removal of the deck sheathing
      134 words
    • PORT SIDES
      • 66 17 AP TWENTY PEOPLE are feared dead after a Chinese freighter collided with a dredger at the mouth of the Pearl River east of Guangzhou, the official English-Language China Daily reported. All 20 people on board the freighter Yuehai 311 were cast overboard on the March 27 collision,
        AP  -  66 words
      • 40 17 Reuter THE AUSTRALIA and New Zealand/Eastern Shipping Conference will cut bunker surcharges on shipments to Australia to U557.75 per revenue ton from $8.76 and on shipments to New Zealand to $16.46 per revenue ton from $18.68, effective today.
        Reuter  -  40 words
      • 71 17 Reuter IRAQI NAVAL vessels attacked a "large naval target" taken to mean an oil tanker or large merchant ship near the Iranian coast on Tuesday, A Baghdad military spokesman said. "The accurate and effective attack was carried out at 2300 (1900 GMT). All our naval vessels
        Reuter  -  71 words
    • 1017 18 THE FREIGHT market was featured by the lower rate of $9.75 being paid for grain from the US Gulf to Japan, ship brokers said. This compared with similar fixing at $10 and the Baltic sub-index for this voyage of $10,275. Fresh grain chartering from the Gulf was otherwise
      1,017 words
    • 455 18 THE PORT OF OAKLAND has entered into long-term agreements with 19 shipping lines over the past year. The pacts will generate US$ll.5 million to $13 million annually for the northern Californian port. The agreements provide economic incentives to ocean carriers in exchange for
      455 words
    • 71 18 JARDINE SHIPPIMG Agencies in Thailand has concluded an unusual fixture recently it fixed a shipment of 15 elephants for Japan. The elephants will be in Japan for about six months where they will participate in an exhibition in Kyushu and Hokkaido, before returning home to undertake their
      71 words
    • 626 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 A PC Line V 4 APL III 2/3 ASCL IN 1 Bait-Canada Line VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS N 4/5 Ben Line
      626 words
    • 260 18 ARGENTINA March 24 Buenos Aires Normal operation. AUSTRALIA March 24 Sydney Normal operation. Melbourne Normal operation. BANGLADESH March 24 Chalna 15 vessels operating. Chittagong 20 vessels operating. BRAZIL March 24 Santos Waiting time of 1-4 days for bulkers. CAMEROON March 24. Douala Full operation. CANADA March 24 Vancouver
      260 words
    • 302 18  -  Kinglsey Wood SHIPPING LOBBIES HAVE protested strongly to the Western Australia government at the decision of the Fremantle Port Authority to appoint another six painters and dockers to the port roster. The increase lifts the number from 29 to
      302 words
    • 169 19 Reuter A STRIKE BY 2,000 shipyard workers threatened to disrupt the launch of a British naval frigate and could endanger the yard's commercial future, its owners said. The strike at newly denationalised Swan Hunter Shipyard in north-east England came the day
      Reuter  -  169 words
    • 361 19 JUST OVER 7.2 million tonnes were channelled through Singapore ports in January the lowest figure to be recorded in six years. The January figure represents a drop of 16 per cent compared with 8.7 million tonnes recorded last January. Figures released by
      361 words
    • 338 19 Lloyd's List THE ENTIRE BP Shipping tanker fleet is to be switched to non-UK registers as the "offshore" crewing agreements offered by the company's appointed international manning agencies are unacceptable to the British government. BP had planned earlier to transfer some of
      Lloyd's List  -  338 words
    • 191 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/ Australia, Straits/ Japan and the mem- M Mr mm. ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Tang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National
      191 words
    • 120 19 AFP THE TRIAL began at the High Court in Accra of 36-year-old South Korean seaman Jo Tae Geun, charged with the murder of Ghanaian Francis Mensah of Afco Fisheries Company. Jo Tae Geun, a cook aboard vessel af 306, owned by the company,
      AFP  -  120 words
    • 106 19 AFP DRY BULK cargo trades could suffer the loss of more than 50 per cent of steam coal shipments if the price of oil remains below that for competing energy raw materials, London consultants Drewry Shipping forecast. If the current slump in oil
      AFP  -  106 words
    • 501 20 April 9 Profitability of small ships, 1740 hrs. The Hon Company of Master Mariners, HQS Wellington, Temple Stairs, Victoria Embankment, London WC2. April 14 Information on the quality of marine fuels which may be beneficial to improving standards 1730 hrs, Institute of Marine Engineers, 76 Mark Lane, London
      501 words
    • 5673 24 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.
      5,673 words
    • 705 25 S r RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Katherin Srf 7W 10.4.86 1700 NAPL F7 0800-0900 P3 Niaga 22 SJ6/86 10.4 86 2300 Kalimantan F1 1400-1500 L4 Vega 504 10.486 2300 NAPL Fl
      705 words
    • 1666 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprise* N Ltd Some (S) AB Stuppmg Bousteod Shpg Agencies Afeo Late Afncon Shpg Agencies (S) Ahrenkiel Liner Km Shpg (5) Alfred C Toepfer Oceonus ShppmgAgencies (S) Mult port Sdn Bhd (PK)
      1,666 words
    • 460 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Dryso K29 Jardine alongside 10.4.86/0700 Ho Lung K32 NTYSS alongside 10.4.86/2130 Jinsh K30 Y Fung alongside 10.4.86/0100 Johneverett K21 Everett alongside 10.4.86/1500 Kota Jaya K31 P1L alongside 10.4.86/2300 Ned Madras KI2 Ned-EAC alongside 10.4.86/1200 Shunyo Maru K20
      460 words
  • Page 17 Advertisements
    • 769 17 A tnJ Available at all good bookshops SraiRAL WJ* PUBLICATIONS OmJ/ THE HEART fiF7 OFTHE DRAGON OOCL Orient Overseas Codt&Um Line STRAITS EUROPE EXPRESS SERVICE •KOREAN lACEM 33* 16/4 5/5 6/5 Knw CRYSTAL 34W 23/4 12/5 13/5 KOREAN CHANCE 2«N 30/4 19/5 20/5 XKN SEAS BUDGE 55N 7/5 26/5 27/5
      769 words
    • 63 17 BMUjXS THE PORT OF OAKLAND has entered into long-term agreements with 19 shipping lines over the past year. Page II JUST OVER 7.2 million tonnes were channelled through Singapore ports in January the lowest figure to be recorded in six years. Page 111 Index to advertisers II Shipping Schedules VIII
      63 words
    • 1196 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' THfBOOKSHOf MAERSK LINE /#> w PRE-RATE INCREASE LOADERS SINGAPORE/USA eta SINGAPORE Maersk Clementine VOY 8608 11 APRIL Leda Maersk VOY 8606 14
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  • Page 18 Advertisements
    • 415 18 Spore to Long Beach —24 Days Spore to Seattle Train Service connections to Chicago and North Atlantic Ports 25 Days trom these two gateways This shorter transit time is now possible through using Kaoshiung as our Transhipment port for your cargo to Pacific South West and Pacific North West Ports.
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    • 269 18 Supercarrier Service NEXT ARRIVALS BARBER TAMPA 27/3. BAKKR PRIAM 5/4. M. ROSARK) 17/4. BARBER PERSEUS 27/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 23/5 25/5 4/8 1/1 13/1 IVC 23/1 n/t 11-14/4 17/4 23-21/4 21/4 1-3/5 1/5 12 15/4 11/4 12/4 24/4 1/5 TUAS 111/4 Ah* xctptav cntn
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  • Page 19 Advertisements
    • 405 19 The Straits Steamship Group Mansfield Container Shipping PteLtd OvcrttM Containers Limited STRAITS SHIPPING Singspore to Sabah, Sarawak, Bnmai Porta and Bangkok CONTAINERSHIP S£RVICF TO UK CONTINENT r«nJ r*n fJUN 15/4 14/4 21/4 »/4 Z7/4 8/4 •4/5 M/ 5 12/5 14/5 11/5 21/5 a/5 a/5 S*/S M/< 11/1 IV* IV* GUlf
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    • 611 19 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GOLF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CONttSTIM SMCNARCtS The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following
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  • Page 20 Advertisements
    • 441 20 MM Hapag-Lloyd TO CONTINENT/UK EXPORTS On cama|« to Scandhavta, Mad, Cant Man IS. America Wand haday to Wand destinations in Eiwpe S>n Cm 14/4 12/4 i 9/5 11/5 13/5 15/5 17/5 12/4 15/1 11/5 14/5 1V« 9/1 24/4 29/4 24/1 17/1 FROM N CONTINENT &UK IMPORTS 4471*71 P. K *****00
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    • 77 20 TO EUROPE VIA SUEZ Member ot the Ace Consortium I ill 11 t.ONIfIINI RISi D 10 fROM NOR IH AMfRICA W>T COAST CONVENTIONAL SERVICE TO IRAN/PERSIAN GULE LOADING FOR MOSTBON 30 HMSBON 1M AGENTS: CROWN MARINE CO (PTE) LTD TEL: *****68, (7 UnM) BUB-AOENTB: Kuala Lumpur *****66/Pawang Tat *****0 ESPRIT
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    • 977 20 Jjf/ Hai Sun Hup Co (Pte) Ltd m TEL *****06 (20 Lines) TLX RS ***** RS ***** t lAS MRS CAR I INI R. III). Specialist in RO/RO Service Acceptinf heavy-itts upto 80 K/Tons Sailings from Japan SOU AKCBM 34 fWNCf NMU (h i 174 OMNS OCUN *23 ELM V.I
      977 words
    • 494 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EK> BUM) ek* gemus/eio mm E*« GOLDEN rot GOME rot una no guu cm GOtON 4LSO 4CCE7TMC CMGO TO: i) nmma.««. s scr «t ix nc ns nt ra ag 13/4 11/4 17/4 U/4 22/4 24/4 2V4 14/) 11/5 15/4 21/4 22/4
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  • Page 21 Advertisements
    • 831 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0 106 Tel *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT OOWA KOTA SMOA SIN JKT 14/4 IS/4 77/4 2S/4 S/S 10/5 •TCH TAiCHUNG JKT SSY SIN HKQ KAO •TCH KEE BUS *MUR *HTC YO« KOR KEE IS/4 IS/4 21/4 2S/4
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    • 638 21 BENLINE CONTAINERS KkJJEBSEN LINE NEWZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACFIC I S. I I hi Port I PMartjby Sum lac/Taw Plaper Irai BMt 19/4 13/5 11/5 22/5 25/5 27/5 21/5 S« P Mot 1/5 5/9 Mowm tact/Taw Map*< Tatar* BMt 10/9 14/9 19/9 19/9 20/9 ACCIPTPS
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    • 495 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE A VESSEL GANDA GAMA VISMB OOJWHMA V4NB U. BONTMC Vtm Sport 10/4 20-21/4 1-3/5 44/5 Bftaoßrcmen Mam/Rdam L* Huntx* f 7/5 6/5 »/5 29/5 5/1
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    • 318 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STIR (Burmese National Line) Loading for Rangoon Mac*" V 3 Patau V9BW Htoneywa V/ 211 •LOAOM6 FOR EUROPE Sparc PJtdanc 14/16 Apr 20/23 Apr 1/3 May BANK UNI Port Moresby/Kwta/Rjbxi/Kiabc/l**) A HYUNDAI MERCHANT MARINE BULK TIMBER ANO PLYWOOD SERVICE USA SERVICE PAOFIC/GULF/ATLAfmC PORTS S pore
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  • Page 22 Advertisements
    • 1293 22 K LINE ECUADOR/PERU/CHILE mm *sl *54 Mono *si MMIi *0401 —KAWASAKI KISEN KAISHA, LTD. 1 SPOK PUG PNG SPOK KOK GUAYAQOLCALIAO MU IQUQUI APASASTA SJNTOW *ALFARABO 11 Apr 12 Apr 13 Apr 15 Apr J May skm 131 m 14 1m IS 1m Vkm CENTRAL AMERICA/CARIBBEAN SEA FEHO «I *54
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    • 690 22 41 AUSTRALIA EXPRESS CONTAINER SERVICE ESTCami 22 Apr OMMXMS 30 Apr IS tttj ?< M*T 23 H*r AM/Bre CMABAR 6 Atar UBKOAS 22 Il*r i tan It tan 1« ta« AM/Bm ESTECimR 25 tail MICAS 12 ta« 71 ta* 7 M 5 W Ada/Bns INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL
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    • 694 22 GOLDEN LINE GUAM BUM SHPtm (PIE) LTD 21. I«M kym Stort tmutm lIM ia smjm UI UDI STRAUS/PERSIAN GULF SERVICE: PM cm am KM CotowOo mrK»/a*a/0*«/»*"" 27/» Apr GOLKH HAVOI Coto«tortliracta/&to/ B*r»» IVI7 Mm •ft* Tmmf Sp*t Karadi 9«|* Dmmmm la CM DOS 1/S 2/5 7/5 lt/5 21/5 23/5 25
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    • 400 22 INTRASEA (PTE) LTD H 10 Anson Road «2? 16 lnlernation,V P J Smgapo'#* 0207 Tei 2?<l6Slll' L r ipsi o BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI wklt ia HQ eta stoe 12/4. 24/4 24/4. »/5 IV4. 1/5 1 ar-::l
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  • Page 23 Advertisements
    • 602 23 ILNOL NEPTUNE ORIENT LINES LTD Annh Spate NEPTUNE AGEMCIS PTE. LTD IH «tfc« CfS BOOKM6S *****77 Ft lU/MBI fH, St* *****77 *****22 *****53 O«PICT LMS ******3 *****42 I Mm HMPEI MHHM. BM) 2361 M P Ktten HMPEK MM SOU BHD. *****1 3M241 p t*T< HMPa MM SON. BHD 5M722 Pau,
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    • 454 23 DO* HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO I P KELANG, PENANG. BUSAN. INCHON WIS Ha I Dmh/U2N Hi. Omb/MJN Hi. 7 Owan/MJR lb Dmmi/MMN lb I Omm/MJN TBN/M2M lb 7 Dmm/M4N lb 9 Omn/MMN lb f Dna/HM lb. I Oawa/CMN AUHIS MI, I <A 4 ,f N-
      454 words
    • 730 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMOOTH Telex Numbers RS ***** RS ***** RS 2510S p. nawe MMI K S rVtSSZSS SSii? 22?^ FLOOR IKStS HM THONG SHPPMG 127 Penan, Street. Penan* MM,,** ?2
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  • Page 24 Advertisements
    • 392 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSD. prrrHZi [Q*****21 nrrrn I II II Mil Ml 11 1 II SEA FORTUNE Tlm 110-10/4 Fri/Sal 11-12/4 12-13/4 13-13/4 15-10/4 Tta/Fri |17-10/4 i j m\ i ii l Mi 1 1 irii "ima 20-27/4 27-27/4 29-30/4 IWFri I 1-2/5 flii
      392 words
  • Page 24 Miscellaneous
    • 154 24 m m m m--Bii a :■:> B Ti m m m Xt m '■>:■ \< IL%£ °c cr* Wind dkrctioo with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND* R. Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots lUin
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  • Page 25 Advertisements
    • 90 25 m MBC MEMOES K. LUMPI* P. KELAMG POMN6 t. GUMNG J. BAHMtU 242t0SS/242M56/*****45/*****93 3S7IU/4 TEMML 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22MM/2211M/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE Ijii BnanniE TTT-h Ml 1 "i/.v-MroWtTTTll 'ir'TTil i'i.- '■PiMga !n mi'iw BBIEDBBI ALSO ACCEPTMG FOR: AWTHERP, L HMVE. UK. BREMEN. COPENHAGEN, OSLO ALSO ACCEPT!* FROM EUROPE:
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    • 180 25 1 o* SANKO LINE. The Sanko Steamship Co Ltd BULK TIMBER PLYWOOD SERVICES RANKO MARU sr m»i mi» S pore P.Ketanf LOADMG FOR: Apr 18 Apr 21 SETE/UK/ANT/HOLL t N SHIPP'NI, Plf I ID Wxld Indf Cfnlrf 1 Muitir"' Squarr 1? y il4ol l!i RS7IOI Itl (8811 HS H M
      180 words
    • 95 25 Scan Dutch V TO RED SEA-MEDITERRANEAN CASABLANCA B Va BK*/C2C B ta tart/US TO HONG KONG-TAIWAN-JAPAN dzmnzii B ftnui/115 *«r*» 125 Mbnfe/135 B tMH/145 Mm/155 FROM EUROPE FEEDER VESSEL P. KELANG 5) NTSEIU.ES 1) Q'BURG 2) H BURG 3) B'HAVEN 4) R OAM B NnMi/US Kamfw/m Mk*/ie B MB/145 Ma'l»
      95 words

  • Page 26 Advertisements
    • 343 26 r rc w Mitsui OS K. Lines. Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA KRITI GARNET OCEAN ELITE ASTRA PEAK EARNEST VENTURE AFRICA MARU WEST AFRICA MARIS OTTER 10 Apr Mombasa. Daressalaam. Tanga. 15 Apr Mombasa. Daressalaam 24 Apr Port Louis, Reunion 1 May Mombasa. Daressalaam. Tanga 26 May Port Louis, Reunion 13
      343 words