The Business Times, 14 April 1986
1986-04-14
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The Business Times
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Title Section12 1986-04-14 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, APRIL 14, ISB6 75 CENTS12 words
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529 1986-04-14 1 LUCY NG - Higher premiums attributed to worldwide trend By LUCY NG PROFESSIONALS in Singapore are paying a high price because their counterparts in the West are sued too often for negligence and malpractice. Engineers, architects, lawyers, doctors, accountants and other professionals in Singapore face hefty529 words
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Article, Illustration550 1986-04-14 1 WITH ELECTIONS just two weeks away, the Singapore Society of Accountants (SSA) has co-opted a senior partner from an international accounting firm into its council. Quek Shi Kui of Arthur Young Co has been co-opted to replace Tan Wee Tin, a senior partner of550 words
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177 1986-04-14 1 AP FEDERAL RESERVE chairman Paul Volcker and Bank of Japan governor Satoshi Sumita agreed at a recent meeting in Washington that both countries would reduce their official discount rates, Japanese news reports said on Sunday. Quoting Bank of Japan sources, Japan's NHK television networkAP - 177 words
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Article95 1986-04-14 1 AFP AP LIBYAN LEADER Muammar Gaddafi, seeking to turn the tables on the US, has reportedly moved foreigners including Americans into Libyan army camps and economic installations which may be targeted for attack by the US Navy. A Libyan government statement to that effect wasAFP; AP - 95 words
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404 1986-04-14 1 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE RECESSION has sobered up Singaporeans in general, judging from latest government figures on liquor revenue. Government revenue from liquor shrank last year, the first drop in 16 years. A spokesman from the Customs and Excise Department404 words
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254 1986-04-14 1 Reuter A COURT DECISION making it more difficult to recover damages from US tobacco manufacturers for injuries from cigarette smoking will force lawyers to find new strategies and may actually result in a proliferation of cases charging those companies with misleading advertising.Reuter - 254 words
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288 1986-04-14 1 Bernama THE SECRETARY-GENERAL of Malaysia's ruling National Front coalition, Ghafar Baba, has instructed all component parties to start preparing for the general election. He said that meetings and campaigns should be held from now to ascertain the people's support for the Front.Bernama - 288 words
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278 1986-04-14 1 JAIME LYE - By JAIME LYE SINGAPORE was unanimously selected to be the venue of the 1989 Pacific Area Travel Association (Pata) conference yesterday during a Pata board of directors meeting. Indonesia was selected to play host to the Pacific Travel Mart in the same year. The278 words
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Page 1 Advertisements
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Advertisement138 1986-04-14 1 For a better rate on your Call Deposit W\VR)O\G 737-7977 I|F| Mortgage And hnaixre (S) Ltd A wholly-owned subsidiary ot Hongkongßank 6 Claymore Mill #03-00. Claymore Pla/a. Singapore 0M22 VIDEO PROJECTOR Introducing the world's first truely portable video projector. The Sony VPH-1020QM (100" image size) is easy to set up138 words
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Advertisement324 1986-04-14 1 Theatre troupe ST'ARS hat decided to engage professional overseas artietea for its latest production, W—t Side Story, in the hope of making a from amateurism. However, eome members of the community feel that it is unfair. BYRON JOYNER reports on the controversial decision. Page 9 A. r"V v> j* dfiiL324 words
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Advertisement130 1986-04-14 1 lid 1 m m 8m Pag* t Trans-Pacific JAL's terrific Regular connecting flights from Singapore via Tokyo with a flight schedule that's second to none. Over 60 flights a week to 7 major U.S. cities and Vancouver. Direct to Expo in Vancouver and the World Cup in Mexico. The Executive130 words
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MANAGEMENT
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Article, Illustration1334 1986-04-14 2 It is not pure luck that gives a company that vital competitive edge whatever the business climate. It all depends on how well the organisation's staff is equipped to handle sudden changes. It is instilled by training and yet more training. Strategic manpower development is particularly relevant1,334 words
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909 1986-04-14 2 THE TERM "human resource development" (HRD) is preferred over the word "training". The choice does not, however, reflect a preference for bombast. "Training" like "education" only denotes the acquisition of knowledge and skills but says nothing about the ability to manage real work situations.909 words
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Page 2 Advertisements
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Advertisement163 1986-04-14 2 >bu'd never believe what this chair can ma WHM mmmmmmmm mmmummw .-a**#**" V* > g In the case of the Zucomat, a picture isn't always worth a thousand words. For just by looking at it, you'd never know it has a sychromechanism that ensures both the seat and the back163 words
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Advertisement12 1986-04-14 2 Training improves your hail Li Let BT show you how every Wednesday.12 words
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Advertisement39 1986-04-14 2 r FACTORY FOR LEASE Rental: 60* per sq.tt AREA: 10,000- 60,000 sq. ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Interested parties please call *****5939 words
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ADVERTISING & MARKETING
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280 1986-04-14 3 THERE COULD BE hidden dangers in Christian Dior's latest branded perfume Poison. The Consumers' Association of Singapore (Case) fears children might be confused when they see their mothers dabbing on the very thing they have been taught to avoid, argues Case.280 words
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Article76 1986-04-14 3 MR NICHOLAS DANIELS, Creative Group Head of USP Need ham Sydney, will be giving a presentation on creative direction and print work on Wednesday at the Westin Plaza Hotel. Mr Daniels is in the Republic on a three-week working stint with Needham Singapore and will be76 words
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Article1071 1986-04-14 3 DAVID GABRIEL - By DAVID GABRIEL AMIDST soft grey on off-white hues and stark modern furniture, a framed verse by Christopher Logue hangs on the office wall: Come to the edge. I might fall. Come to the edge. It's too high. COME TO THE EDGE! And they came1,071 words
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FRONTIERS
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297 1986-04-14 3 UPI SEVERE asthma sufferers treated with a steroid in emergency rooms have shown such marked improvement that they are able to leave in a few hours without the usual five days of hospitalisation, said doctors recently. The quick administration of a single doseUPI - 297 words
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Article203 1986-04-14 3 NYT TWO CHINESE scientists are among three persons chosen for the American Inventors of The Year award for 1986 by Intellectual Property Owners Inc, an association that represents holders of patents, trademarks and copyrights. Leo Lin and Shi-da Lu, together with colleague David Mark, each received aNYT - 203 words
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114 1986-04-14 3 UPI THE same bar codes that have whizzed consumers through grocery checkout lines for years will soon appear on hospital patient identification bracelets. The American Hospital Association says the labels, which are read by a computerised scanner, will be used by hospitals to keep track ofUPI - 114 words
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Article159 1986-04-14 3 UPI A CALIFORNIAN plant geneticist has developed a way to clone the guayule rubber plant, raising the possibility of commercial farming of the drought-re-sistant shrub in the deserts of south-west Texas and northern Mexico. The guayule has been of interest for years because its rubber isUPI - 159 words
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Article, Illustration523 1986-04-14 3 UPI A WORLD PANEL of scientists has said it may be possible to transplant healthy brain tissue into humans whose brains are degenerating from disease or ageing. Such transplants have been performed successfully on mice and monkeys in the United States and humans have alsoUPI - 523 words
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Page 3 Advertisements
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Advertisement85 1986-04-14 3 Can we temp you with a good «Amm9n9 Who says good women are CI hard to find? At Business Girl, we have p women From technicians, drivers, mechanics, computer analysts and bankers to draughtswomen, secretaries and typists. As Singapore's leading temp agency, we sign up only the best women. And85 words
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Advertisement155 1986-04-14 3 At the Boulevard, we do our utmost to accommodate every taste. I iA I 1 X v v. <! \A> y r ir V A ■ou v > 1 I V i \r ,71 f v f 5 G l J( >/; r t to The contemporary chic of the155 words
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OVERSEAS
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424 1986-04-14 4 AFP MAJOR industrial countries joined debt-ridden Third World nations in underscoring the urgency of a "rollback" of protectionist measures as they wound up week-long talks in Washington on Friday night on money, debt and the medium-term world economic outlook. The ritualistic reaffirmation ofAFP - 424 words
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308 1986-04-14 4 Reuter THE US has despatched a special envoy to consult European allies as its warships remain on alert in the Mediterranean for a possible strike against Libya. The diplomatic push, which began on Saturday with talks between US envoy Vernon Walters and BritishReuter - 308 words
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Article141 1986-04-14 4 Reuter EUROPEAN COMMUNITY president Jacques Delors said on FYiday he would not start a trade war with the US but would fight strenuously if it began. Commenting on a US threat to impose import quotas, Mr Delors said: "I will never start a warReuter - 141 words
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182 1986-04-14 4 Reuter PRESIDENT Ronald Reagan's tax return, released by the White House last Friday, showed he and his wife Nancy earned U*****,492 in 1985 and paid $122,774 in federal taxes. Their gross income was down from $440,657 in the previous year. White HouseReuter - 182 words
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Article, Illustration404 1986-04-14 4 AP A FORMER budget director for the White House says in his forthcoming book that President Ronald Reagan's bold plans for shrinking the size of the federal government and balancing the budget were doomed to fail. "The true Reagan revolution never had a chance," said theAP - 404 words
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288 1986-04-14 4 AP NO COUNTRY that relies on nuclear power is adequately prepared to handle the potentially costly and dangerous task of retiring the highly radioactive plants, a study shows. About 350 nuclear plants will need to be dismantled and their wastes disposed ofAP - 288 words
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283 1986-04-14 4 UPI SOMETIMES even your best friends won't tell you, but if your business is losing more customers than it's gaining, you may have "corporate bad breath", says an industry consultant. His remedy for the problem begins at the office switchboard. Poor telephoneUPI - 283 words
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Article827 1986-04-14 4 ARRIVALS Operator Service Locol From number time SIA SQI17 0005 KUL UA UA2I 0215 LAX/NRT/HKG SIA SQ4I 0620 MAA MAS MH601 0720 KUL MAS MH68I 0820 KM SIA SQ43 0820 DHA/KHI SIA SQ45 0850 MRU MAS MH8I 1 0910 PEN MAS MH67I 0920 KUL CAL CI806 0945827 words
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Article577 1986-04-14 5 Taiwan's minimum wage policy has become obsolete UPI GOVERNMENT ACTION to increase the wages of workers in Taiwan, once considered necessary to protect the labour force from exploitation, now seems a thing of the past. The government has boosted the minimum wage in TaiwanUPI - 577 words
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347 1986-04-14 5 AFP LAWYERS claiming to represent former Philippine president Ferdinand Marcos and his associates have offered to turn over their clients' assets to the Manila government in exchange for legal amnesty. A member of the Philippine government's Commission on Good Government, Mary ConcepcionAFP - 347 words
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518 1986-04-14 5 THE COMMANDER-IN-CHIEF of the "Khalistan Commando Force" has said that his rebels are recruiting a guerilla army to fight for an independent Sikh nation in Punjab. "Our mission is to fight and die for Khalistan," said Manbir Singh, one of the most518 words
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388 1986-04-14 5 AFP JAPAN last year strengthened its position on the world electronics market, which was still dominated by the US, a study published in Paris by the Electronics International Corporation (EIC) disclosed. The report said the US remained the world's leading producer, moving upAFP - 388 words
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Article62 1986-04-14 5 UPI THE YEN'S sharp rise has led 72 export-oriented Japanese companies to go bankrupt in the six months since the G-5 agreed late September to help soften the US dollar. The Teikoku Data Bank, a private credit research agency, also forecast that business failures due toUPI - 62 words
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Page 4 Advertisements
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Advertisement117 1986-04-14 4 The comfort in our Business Class really compares rather well. i ii Marcel Breuer. "Wassily Chair". Knoll-Collection. 1925. Le Corbusier. "LC2". 1928 Eileen Gray. "Bibendum". 1929 Mies van der Rohe. "Barcelona Chair". Knoll-Colleciion. 1929. ■y////-. Charles Eames. "Lounge Chair". 1956. Harry Bertoia. "Diamond Chair". Knoll-Collection. 1952 These seating classics can117 words
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Advertisement250 1986-04-14 4 I I II \I I If 11 I Every Tuesday. Thursday. Saturday and I 1 VI \l I f I II Sunday. Leaving Changi Airport at I As_yL VyJ- 22:05 hours and arriving at Heathrqw at 07:05 hours the following morning. Call Air Canada at *****55 or your Al R250 words
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Page 5 Advertisements
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Advertisement134 1986-04-14 5 4k 0 Where else puts you in the heart of Kuala Lumpur at such affordable prices. Where else brings you the luxury of the city' largest hotel rooms and eleven places to wine and dine. Where else but the Shangri-La. Kuala Lumpur's finest hotel [SS Shangri-La hotel KUALA LJUMPUR A134 words
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Page 5 Miscellaneous
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Miscellaneous48 1986-04-14 5 Doonesbury CttK 4i+f ft I i r LETSS&H&Z.. HGUBGHTISHS.. IMS ABOUT RJ6HT. BLOOPPRS&URZ I 5 200V8R30.. 0000,6000f*j 1 BY GARRY TRUDEAU 20 OVER 30IS 600Pt rrs NORMAL FOR. AZOMBe.V&te PRtm MELLOW. AHA! HtSP&iJAL X-RAY! yup, rrs PUKE. ALL R&fT! sm V> X i. Vj V V SmP (pßrf+Jbi48 words
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Page 6 Advertisements
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Advertisement428 1986-04-14 6 Most airlines leave off when the going gets rough! I 1 m I\ 4 0= Convenient SAS check-in counters at 27 hotels worldwide. > Av We've countered that at SAS Check in for your flight at your hotel! At 27 hotels internationally, we have our own SAS Airline Check-In counters.428 words
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SPORTS
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548 1986-04-14 7 BRIAN MILLER - By BRIAN MILLER OH, THE UNCERTAINTY of racing! After whitewashing the opposition in last week's 1,200 m "trial", Chief's Award went to the start in yesterday's Sultan's Gold Cup race as if he had a spare tank and an extra pair of legs.548 words
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Article, Illustration427 1986-04-14 7 NYT Reuter NICK PRICE, a South African who barely made the cut at the halfway mark of the 50th Masters tournament on Friday, completely humbled the mighty Augusta National Golf Club course on Saturday. He set course and tournament records with a 9-under-par 63 inNYT; Reuter - 427 words
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241 1986-04-14 7 Reuter PATTY SHEEHAN made up six strokes to overtake fellow-Ameri-can Pat Bradley for the lead after three rounds of the US$2OO,OOO San Diego Classic Women's Golf tournament. Sheehan, who began the day three strokes behind Bradley, carded a four-under-par 68 for aReuter - 241 words
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Article, Illustration575 1986-04-14 7 SHAHRIR ARIFF - By SHAHRIR ARIFF POURING RAIN unwittingly added to the excitement in the Super Saloon class race in Pasir Gudang, Johor, last Saturday. It also showed that even the most experienced racers sometimes do not practise basic rules. A few cars running in slicks spun575 words
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342 1986-04-14 7 NYT FOR STEFFI GRAF, the convincing 6-2, 6-4 victory she achieved over Hana Mandlikova on Saturday in the semi-finals of the Family Circle Magazine Cup tournament at Sea Pines Plantation was exhilarating. It also worked up an appetite. For Mandlikova, it was simply exhausting. The 16-year-oldNYT - 342 words
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Article244 1986-04-14 7 Reuter BORIS BECKER and Stefan Edberg fought a gruelling semi-final match on Saturday that eventually gave the West German a 7-6 (7-5) 7-6 (9-7) 4-6 7-6 (7-2) passport into the final of the US$5OO,OOO WCT finals. "We had some very good rallies and withReuter - 244 words
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Page 7 Advertisements
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Advertisement44 1986-04-14 7 d jinn DiaStar «Anatom» Diamond-polished Convex Sapphire Crystal. Scratchproof. Waterproof. tn i www 111| w i ill JUMUJB UIJ lIJI i|i|lllPllll|l> Mod ctep Swiss Made > Uv r-t. yZW'JL »,rK *."> fl? fH X. ,r f£ V J' »#M •r 1 •< jh* EW HORIZ opping Ma44 words
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Page 7 Miscellaneous
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Miscellaneous372 1986-04-14 7 RriStOW' FeanicDictoas 1 SRV OHO IS ThpvT we. BPnCM 'NFujy ffcfcPltfG "THROUGH TH£ OF MEiji TpjuEMT FOR THE /IK£-NVAOL£- DOU>J TM^JRC. 9 House JOURMPNH3l Ail sou* Right tvus issot «s R=nHer t c mMM Tue vtßy mp>r4 TO U>R>TC our N»£UJ gossip coujmKl Harvard Business School Alumni Club of Malaysia372 words
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FEATURES
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Article, Illustration753 1986-04-14 8 JAIME LYE - Singapore's role in association to become more active The Pata board of directors decided in Kuala Lumpur yesterday that Singapore will be the venue for the 1989 conference. Singapore has put special effort into this Pata conference, and this is not only because of753 words
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Article, Illustration796 1986-04-14 8 SELWYN PARKER - By SELWYN PARKER THE OLD WARHORSE of New Zealand politics, Sir Robert Muldoon, may be on the brink of achieving an impossible comeback. With the toppling of Jim McLay, Muldoon's replacement as the leader of the opposition National party, in a palace coup in796 words
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Page 8 Advertisements
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Advertisement268 1986-04-14 8 This year, Secretaries' Week (21-26 April) happily coincides with our extravagant French Festival. Which is just perfect for the busy executive who wants to show his appreciation for his right-hand woman. YouH see Parisien portraits by Monsieur Daniel Sciora. And savour Madame I Francoise Garnier's famous I crepes. g There268 words
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Advertisement131 1986-04-14 8 GNTA text Master Worldwide telex communication from your own workstation There are more than 1,500,000 telex subscribers worldwide today and is still increasing! YOU KNOW THE PROBLEM The teleprinter is centrally located and an inefficient workstation. It often becomes a bottleneck in the Company's telex traffic. DO YOU KNOW THE131 words
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Page 8 Miscellaneous
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Miscellaneous57 1986-04-14 8 hops (7) has Bear the expense of 6 Arti wages being higher (3, Can 2) 7 Desi The instrument I star (4) with? (5) 8 Like Lucky score? (5) fate Book edited by Neil Cox 12 Crik (7) 13 Fat Bombard the outs»de (5) (5) A woman's cncket tro- 1457 words
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THE ARTS
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Article, Illustration841 1986-04-14 9 BYRON JOYNER - Amateur theatre troupe ST*ARS has decided to engage professional overseas artistes for its latest production, West Side Story. BYRON JOYNER reports on the controversial decision. BYRON JOYNER SOMETHING'S COMING! And, it's billowing hot air841 words
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Article, Illustration537 1986-04-14 9 JAIME LYE - By JAIME LYE I HAVE NOTHING to declare but my genius. Oscar Wilde, when confronted by Customs officers. And so many critics declared the same of him by pronouncing The Importance of Being Earnest his greatest work. A bitingly witty and537 words
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497 1986-04-14 9 MARIE DAVID - By MARIE DAVID WATCHING THE DETECTIVES on television today means being subjected to concepts from the sublime to the ridiculous. It appears that people are running out of ideas, every trick in the book is fast being used up. There were497 words
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295 1986-04-14 9 MAX COMMANDER - By MAX COMMANDER THE MAGIC FLUTE, and indeed it is in the hands of Severino Gazzelloni. Readers of pre-concert blurbs will already know that he has been described as "the greatest living flautist, perhaps the greatest in history". Easy words to write but not so easy295 words
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Page 9 Advertisements
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Advertisement230 1986-04-14 9 Day Night finest HongKong-Cantonese cuisine awaits your pleasure Whether you're planning an evening of sumptuous feasting or simple fare, Fook Yuen's the right place. Celebrate with a real difference, and make the occasion truly memorable. seafooqset menu Special Steamed Prawns Double Boiled Pig Shank, Chicken Claws and Snails Soup Braised230 words
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Page 9 Miscellaneous
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Miscellaneous1091 1986-04-14 9 -'V 4 *V.«' r.f A WOMAN OF SUBSTANCE 9.30 pm, Channel 5 The life of Emma (played by Jenny Seagrove, left) is changed when she falls in love with the squire's son, Edwin Fairley (Peter Chelsom). HEART OF THE HIGH COUNTRY 8.30 pm, Channel 12 The first of a six-part1,091 words
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INTERNATIONAL STOCKS
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336 1986-04-14 10 NYT IBM HAS POSTED only a 3.5 per cent increase in its first-quarter net income amid evidence that the company is still in the grip of a computer slump that analysts now say may not end until next year. It earned US$lO2 billionNYT - 336 words
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177 1986-04-14 10 FT HANSON TRUST, an aggressive industrial conglomerate, was assured of victory in the £2.8 billion takeover battle for the Imperial group when United Biscuits failed with its rival offer for the tobacco and brewing company. The defeat of United Biscuits inFT - 177 words
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321 1986-04-14 10 Reuter SHARE PRICES on Wall Street last Friday closed on a losing note, as rising tensions over Libya undermined a morning rally, traders said. Results from IBM, released ahead of the opening, failed to excite either bears or bulls, falling 9quarely as expected. TheReuter - 321 words
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Article126 1986-04-14 10 AM II C$ knp Oi 46* Abrttx 23* hco kit Pro* ftp* M Ut* 21* 44* 22* Algomo Argoon rtdgt Bonk Mont 19 34* K«rr Add Lot4ow B Mauay Farg Mc BkxM 15* 27 2* 30* ■f l»Kh Bank Nova Scotia Bal Canada BP Can Ltd 14* 39* 28126 words
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Article212 1986-04-14 10 AM 11 Uiwc Woolwrorlh 1325 25 INDUSTRIALS MMNGS A Afcho Ab«rcom AE And O 1 IOCS 190 1150 -10 25 An&ot AngKoai 4275 +25 *****6 inch Amaprap AMIC Barlows r r, vnrtt. 5256 4I75S 1570 2800 -To 50 Bhryoors Buff* Charter Cora Gotd 7100 1175 2200 100 75 25212 words
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Article655 1986-04-14 10 An 11 us$ AJcan Akjmn AJcoo AJaghany Lud AM Own Cp AM Stora* AKt-Chafcnar* Am Brandt he Am BroodcaM Am Con Co Am Cyonofmd Am Elac Pwr Am Exprau Am Horn* Prod Am Motor* Cp Am Natural Gin Am T«i 8 Tal Amn Inc Amarodo Ha** AMf he655 words
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Article797 1986-04-14 10 Amsterdam Aft 11 Hi A8N ***** +2 108.50 1 Ahold 8000 -34 Akzo 180 00 +0.3 AMEV 80 50 I.I Amto» 100 50-02 31 70 +0 2 Bolt Bonurai 664 50 i*>ch Bur T«t Cotond 159 00 unch CoK* 580 00 inch CM Mi| EImvmt 196 00 +4797 words
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Article54 1986-04-14 10 Bernama-PNA THE PHILIPPINE government and Westinghouse, the US contractor of the US$2.l-billion Bataan nuclear power plant, are withdrawing their damage suits against each other. The decision followed an agreement between state-run National Power Corp, the operator of the nuclear plant, and Westinghouse, to negotiate further their claimsBernama-PNA - 54 words
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Page 10 Advertisements
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Advertisement428 1986-04-14 10 V 4 Wtere is uriae, «ilne aai Cf% APRIL Imagine pink, tender salmon freshly grilled, smoked, panfried or poached. Each an exquisite creation from our Chef. With wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement 4' Royal j£* Singapore E 11'( irfliml Wuu [ed /.ctiWX428 words
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Advertisement244 1986-04-14 10 &|>-};*|&:~/^>]{]|</}}[%>,_$_*. Compliments of the house At Fine Cheng Ldu,Teochew Seafood is our speciality And to salute all you food customers, a free dish of deep-fried prawn meatoalls is yours when you order from the a la carte menu. Come soon for lunch or dinner and treat yourself to our delicious244 words
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BANKING AND FINANCE
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327 1986-04-14 11 Union Bank of Switzerland THE CURRENCY markets were marked by monetary policy meetings last week. The ninth EMS realignment revolved around the revaluation of the D-mark and the devaluation of the French franc. But even the weak currencies which had not been officiallyUnion Bank of Switzerland - 327 words
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Article24 1986-04-14 11 UBS US dollar: Weak economy weaker dollar? Swiaa franc: Island of stable interest rates. Starling: Has not lost its oil price vulnerability.UBS - 24 words
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Article, Illustration490 1986-04-14 11 Mutts the average of the prine lendng rates of 12 major banks operating in Singapore PLR of bonks at the close of business on Friday, April 11, as supplied by the Association of Banks in Singapore. BANK PLR Algemene Bank 7*4 American Express Bank 8'/« Am'Dom R'terdam490 words
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286 1986-04-14 11 OCBC THE FOREIGN exchange markets were again very choppy and nervous ahead of the central bank meetings last week. Trading at the beginning of the week was dominated by adjustments related to the EMS realignment. The first signs of the bearish trend was detectedOCBC - 286 words
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Article226 1986-04-14 11 ASIAN currency average deposit rates for the week ended Apr 11 BID PRICES H*». Low us 7 days 7 3/8 6 15/16 1 month 7 5/16 6 13/16 2 months 7 1/4 6 3/4 3 months 7 1/8 6 3/4 6 months 7 1/16 6 3/4 9226 words
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Article35 1986-04-14 11 The i onge of call rates for the week ended Friday, Apr 11: Bonk fund 4 5—5 General fund 1 4 9—5 125 $m MovMWfltS of funds 20A7 Source: Short Deposits (M) Bhd35 words
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Article238 1986-04-14 11 International Discount Co Ltd ■THE INTERBANK market was very erratic last week. Overnight rates which opened at 5 4-7/8 per cent moved up to 5 3/ fes'/« —s'/« then eased drastically by one point in midweek to 4% per cent. Interest taking at the close of theInternational Discount Co Ltd - 238 words
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Article270 1986-04-14 11 Green Collier BOTH YEN and D-mark future rebounded from sharp losses on Monday to trade strongly higher through last week. June D-mark gained a sizeable 142 ticks on the week, closing at U550.4345. June yea added 63 ticks to settle at $0.*****8. Statements made by officialsGreen & Collier - 270 words
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403 1986-04-14 11 Reuter BOOMING foreign exchange markets have brought the currency cowboys to town, and they are shaking up the conservative world of Japanese banking. The highly-paid, freewheeling international dealers from London and New York are trendsetters on an expanding Tokyo money market starved ofReuter - 403 words
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Article122 1986-04-14 11 FT THE ITALIAN government has decided to lift the foreign exchange control which it introduced as a matter of urgency on Jan 16 this year to ward off a possible devaluation of the lira. The Ministry of Foreign Trade is to remove from today the requirement thatFT - 122 words
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Page 11 Advertisements
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Advertisement576 1986-04-14 11 <&[ M if T I 8^ 1 5? K ir:P For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours Our "Singapore Delights" Buffet is packed with mouthwatering favouritesthat will definitely get your appetite going Buffet Dinner is at Ssl4 00++ per person. The Luna Coffee House.576 words
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Advertisement117 1986-04-14 11 $12.50 Children below 1 2 years old S9 00" BUFFET-LUNCH COMBINING THE BEST OF EASTERN WESTERN DISHES Jotntty priMfrt*d by Calm-Court Poking A Sichuan Restaurant A Tha Coffaa Oardan i 19, Cairnhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** y m ■«*> JBt Our Daily Specials! A sumptuous 3-course117 words
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RAW MATERIALS
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Article520 1986-04-14 12 AP SCIENTISTS HOPE to find a killer wasp in China to devour the gypsy moths plaguing American trees, a top US official said last Friday after resuming agricultural talks suspended when China failed to fulfill a long-term grain agreement. 'JK Daniel Amstutz, the UnderSecretary ofAP - 520 words
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201 1986-04-14 12 Reuter BRAZILIAN coffee exporter predicts world stockpiles will be luted up within two years. "The situation is very serious. The coffee Brazil will not Export cannot be found anywhere else. It does not exist," Skid Carlos Calmon, the president of the Rio De JaneiroReuter - 201 words
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777 1986-04-14 12 AFP THE INSTABILITY of world oil prices and its influence on currency movements continued to provoke nervous sentiment on the commodity markets last week. The realignment of currencies belonging to the European Monetary System (EMS) contributed to curtailment of trading activity early inAFP - 777 words
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256 1986-04-14 12 AFP THAI FOREIGN MINISTER Sithi SawI etasila has warned that the new US rice price of about US$23O a tonne might undermine relations between the two countries. 1 Washington has announced lower rice prices in accordance with the new farm bill,AFP - 256 words
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Article182 1986-04-14 12 Reuter THE SOVIET UNION is expected to cut its grain imports by nearly half this year, and one reason may be the sharp drop in world oil prices which has reduced the amount of foreign exchange available for imports, j The US Agriculture DepartmentReuter - 182 words
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Article993 1986-04-14 12 COFFEE Robusta futures ended an unsettled but featureless day around the lows of a maximum £43-a--tonne traded range last Friday, unchanged to down £5 a tonne from Thursday night's close, in a thin volume with most operators withdrawn. The market fluctuated uneasily lower throughout the morning following a993 words
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Article221 1986-04-14 12 SOYBEAN FUTURES on the Chicago Board of Trade ranged from IV4 US cents a bushel lower in old crop August to fractionally higher in new crop months at last Friday's close. Spot May ended near the middle of a 3 3 /«-cent range. Continued weakness in corn and wheat221 words
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141 1986-04-14 12 Reuter WORLD TRADE in wheat in 1986 will be highly competitive with weak prices, said Daniel Amstutz, the Under-Secretary for International Affairs A Commodity Programmes of the US Department of Agriculture. There will be a good level of supplies but total trade will frop toReuter - 141 words
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Article62 1986-04-14 12 Reuter TAIWAN has lifted a ban on coal imports by private companies as part of a move to phase out coal mines which are considered unsafe following accidents which killed 300 workers last year. The move would raise imports by 100,000 tonnes to about 11.67 million tonnesReuter - 62 words
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Article216 1986-04-14 12 WHEAT FUTURES on the Chicago Board of Trade (ell further on a late selling flurry and closed Vi to seven US cents a bushel lower last Friday. New crop July onwards established new contract lows. Furious trading activity in new crop months near the close saw prices tumble sharply216 words
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389 1986-04-14 12 Reuter THE SOVIET UNION It likely to enter the market (or another round of physical sugar purchases after buying an estimated 500,000 to 700,000 tonnes from the free market in March, including 150,000 tonnes of Australian raw sugar. Most traders in Tokyo saidReuter - 389 words
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Article186 1986-04-14 12 Reuter AFP CHINA has ordered stricter control on imports of sugar, the official China Advertiser said. It said all imports must be approved by and channelled through the Commerce Ministry, with an import licence from the Ministry of Foreign Economic Relations A Trade and using foreignReuter; AFP - 186 words
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Article69 1986-04-14 12 Reuter VIETNAM EXPECTS to double its annual corn output to one tonnes by IS9O. The Vietnam News Agency aid land corn cultivation would be increased to 500,080 hectares tram the |*teent 400,000 hectares. The present area under cultivation yielded an average 1.4 tonnes per hectare last year.Reuter - 69 words
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Article44 1986-04-14 12 RUBBER VvOil SaMta/kf 153 50 155 00 157.50 158.50 160.50 Mf pflCM MaMhAf 189.00 191.00 194.00 193.00 195 00 r Dot* April 7 April 8 KL TIN 14.60 Not fix*d (fmmm) 16 April 9 April 10 April 11 14.95 Not fix*d 14.80 20 1944 words
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Article141 1986-04-14 12 Chin— Product Exchange Slim' nom dosing pnco mi Apr 12 (SS/100kg) Coconut oil Bull Foe SO 00 CMd drum FOB 63 00 Ntw drum FOB 67.00 Copro Mixed (loose) 28 buyers Pepper Muntok Whit® FOB NLW 1185.00 Sarawak White FOB toq NLW 1170.00 Sarawak special block FOB NLW141 words
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Page 12 Advertisements
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Advertisement72 1986-04-14 12 Experience the new Japanese Smokeless Table Barbecue Japanese Special Set Lunch/Dinner From $6.00++ Per Person Dine in cool comfort and cosy ambience as you savour delicious beef, chicken, seafood and other palatable delights specially selected, flown in and barbecued the smokeless Japanese way. Also recommended delicious Shabu-Shabu, 1 Yosenabe, Sukiyaki,72 words
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Advertisement120 1986-04-14 12 NOTICE NOTICE IS HEREBY GIVEN that, I Law Hong Chye of Blk 1, Ghim Moh Rd #11-340, Singapore 1027, have applied for a First Class Beer House licence in respect of premises at M/s Woh Heng (Hong Kee) Eating House, 350 Übi Ave 1 #01-917 Singapore 1440, and that this120 words
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MARKET REVIEWS
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Article, Illustration5251 1986-04-14 13 LORETTA McLAUGHLAN - 13— By LORETTA McLAUGHLAN "THE HIGHLIGHT of my day is lunch," bemoaned a dealer last week during one of the stock market's quiet moments. And there was no shortage of those. In between prolonged dry spells, only smallish transactions were being put through. "The market5,251 words
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346 1986-04-14 13 ILy. V A AFP SHARE PRICES on the Tokyo ftock market last week almost made up for the previous week's whopping 344.53-yen loss in terms of the Nikkei stock average. Investors were encouraged by a bullish Wall Street trend and reportedAFP - 346 words
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Article596 1986-04-14 13 JULIANA TAY - Wttk mkM April 11 compiM by JULIANA TAY SCRIP ISSUES Utd Plantations: Proposed bonus «sue of one-for-five. CORPORATE DEVELOPMENTS Ton Koon Swon was granted leave by the Subordinate Court in Singapore on Apr! 9 to return to Kuala Lumpur til May 5, the day on596 words
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Article285 1986-04-14 13 AP JAPAN'S first hostile takeover battle apparently has ended with the US and British suitors selling their stakes in Minebea Co, but details of the deal were not immediately available. The withdrawal of Los Angeles-based Trafalgar Holdings Ltd and Londonbased Glen International comes after some six monthsAP - 285 words
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947 1986-04-14 14 r~== 1 ■/j New York B=ll A FT HISTORICALLY, April is a month when the bulls tend to have things pretty much their awn way in the New York equity market. Last week, bearing out the tradition, there were enough of tbeseFT - 947 words
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Article786 1986-04-14 14 fnrpl London SIUL-i A Reuter SHARE PRICES in London ended the week lower but above their worst levels as optimism over another cut in UK clearing bank base rates and an encouraging outlook for lower international interest rates underpinned the market. The FTSE 100 IndexReuter - 786 words
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732 1986-04-14 14 K.Lumpur E MBT SELLERS held away on the Kuala Lumpur stock market last week and share prices were sent retreating into minus territory. Even blue-chips were not spared the selling pressure and some closed with hefty losses. Losses incurred by speculative and specialMBT - 732 words
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345 1986-04-14 14 BCI THE MILAN share market suffered a sharp setback last Tuesday with a 5.5 per cent fall but partly recovered by the end of the week. The BCI All-Share Index closed the week at 708.23 (down 2.7 per cent). Turnover, even though slightly lower,BCI - 345 words
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364 1986-04-14 14 VlAustralia j m Reuter AUSTRALIAN share markets last week ended sharply higher following Thursday's share raid by Elders IXL on BHP and reinvestment on Friday by investors flush with cash. The All Ordinaries Index rose through the 1,200 barrier for the first timeReuter - 364 words
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Article664 1986-04-14 14 TONY MEASOR - 1 L I Hongkong lid By TONY MEASOR THE FORCE of the Hongkong stock market's revival might encourage those who decry it as being a speculative playground. Since March 20, the Hang Seng Index, which closed last Friday at 1,784.21, has recovered 230 points of664 words
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Page 14 Advertisements
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Advertisement289 1986-04-14 14 SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD (Incorporated in Malaysia} Notice of Annual General Meeting NOTICE IS HEREBY GIVEN thot the Twentv-third Annual General Meeting ol SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD will be held at the Registered Office of the Company, 9th Floor, Bangunan Hong Leong, 117 Jalon Bonder, 50<j00289 words
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Advertisement325 1986-04-14 14 NOTICES IN THE MATTES OP THE COMPANIES ACT, CAP. IK r.V INVESTMENTS PTE. LTD. (INCORPORATED IN SINGAPORE) SPECIAL RESOLUTION At an extraordinary general meeting of the members of the abovenamed company, duly convened and held at 4 Battery Road 12-00 Bank of China Building, Singapore 0104 on 7th April 1966325 words
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Advertisement309 1986-04-14 14 THE COMPANIES ACT (CHAPTER 1») AND IN THE MATTER OP PICKFORD TRADING CO; (SINGAPORE) PTE. LTD. (la Member*' Vaiutary Wladlaglp) At an Extraordinary Ge-, neral meeting of the abovenamed Company duly con-, vened and held at 101-A* Upper Cross Street, People's Park Centre, Singapore 0105 on Thursday,* the 10th day309 words
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COMPANY NEWS
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639 1986-04-14 15 M 3 By HOCK LOCK SIEW AMID the general lethargy in the stock market, shares of Wannian Holdings (formerly Veneer Products) have been actively traded over the past couple of weeks, fuelling talk of pending changes within the property- and trading-based company.By HOCK LOCK SIEW - 639 words
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308 1986-04-14 15 PLAGUED BY the collapse of aluminium metal prices and excess capacity in Malaysia, Aluminium Co of Malaysia Bhd suffered big losses again last year. Pre-tax losses increased to $23.28 million for the year ended Dec 31, 1965, from $21.63 million the previous year while turnover308 words
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266 1986-04-14 15 MBT A NEW, tougher listing manual for the Kuala Lumpur Stock Exchange (KLSE) is to be implemented. Exchange chairman Nik Mohamed Din says he hopes this will be launched by the middle of the year. Nik Din said on Friday that a task forceMBT - 266 words
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557 1986-04-14 15 BRIAN GOMEZ; LORETTA McLAUGHLAN - By BRIAN GOMEZ and LORETTA McLAUGHLAN FOREIGN OWNERSHIP of Singapore Airlines has reached the 20 per cent ceiling. Arrival at the limit signals an expected evaporation of share price support as the ceiling is unlikely to be raised in the near future. SIA557 words
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Article286 1986-04-14 15 MBT MALAYAN CEMENT will seek new investment opportunities to broaden its base of activities although cement will continue to be the group's core business. Chairman Tunku Abdullah bin Almarhum Tunku Abdul Rahman, in his annual review, says this is because the difficult economic conditions experienced lastMBT - 286 words
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Article867 1986-04-14 15 THE stock market account ended quietly on Friday, but with further good gains in many sectors. Continuing encouraging pointers for Britain's economic outlook plus hopes of another cut soon in interest rates provided the fresh impetus. Favourable comment on engineerings and the likelihood of more takeovers in this867 words
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175 1986-04-14 15 PAHANG INVESTMENTS PLC has called off its proposed acquisition of a stake in Hongkong-listed Mandarin Resources five months after it first announced the deal. In a brief statement to the Stock Exchange of Singapore, Pahang Investments, whose shares have been suspended since October 1985, said175 words
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Page 15 Advertisements
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Advertisement402 1986-04-14 15 STADA-SIM SECOND ANNUAL HUMAN RESOURCE DEVELOPMENT CONFERENCE Human Resource' DevelopmentThe "Way To Corporate Goals May 29-30, 1986 Shangri-La Hotel, Singapore Human resource development means training and development that contribute to corporate goals. The role of HRD in contributing to corporate goals becomes more significant in a period of slow growth402 words
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Advertisement122 1986-04-14 15 TiWFij the local 1 E&ifga I X'-U"' mSs£*Rs siSS STANDARD ***** 16-bit CPU 8 MHz dock rate 512 KB RAM expandable to 2 MB 00-boaid 12 MB Floppy Drive Singte card. Floppy Hard Disk Controller SmgJe ami. color graphics (aid.)/ monochrome (high-res.) adaptor 8 Expansion slots (2 XT/6 AT) Parallel122 words
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Article181 1986-04-14 16 PROMET is retrenching a further 150 workers from its shipyard in Jurong this week, reducing the workforce at the yard to just 50. Industry observers say the sharp cutback probably indicates that the yard has been unable to secure new orders for oil rigs. They see181 words
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207 1986-04-14 16 Reuter JUSTICE OFFICIALS of six South-east Asian countries have signed an agreement marking the first step towards extensive legal cooperation in the region. The official Antara news agency said yesterday that the agreement was signed on Saturday at the end of a three-day conferenceReuter - 207 words
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549 1986-04-14 16 Reuter WHOLESALE PRICES in the US fell sharply for the third straight month in March while retail sales registered their first decline since October. Analysts said the retail sales figures provided further evidence of sluggishness in the US economy, while the dropReuter - 549 words
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258 1986-04-14 16 UPI ABOUT 10,000 supporters of deposed Philippine president Ferdinand Marcos, chanting "US kidnappers, release our beloved president", marched to a downtown park in Manila yesterday in their first major demonstration against the Corazon Aquino government. The rally was staged as members of the NewUPI - 258 words
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Article, Illustration63 1986-04-14 16 Reuter A HOUSTON RESTAURANT in oil-depressed Texas is offering a luncheon special based on the falling price of oil. Stephen Zimmerman, the owner of La Colombo D'or, found business was slow at his usual U5535.00-a-meal price. Customers can now check the current priceReuter - 63 words
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372 1986-04-14 16 ALVIN TAY - By ALVIN TAY DEPOSITS with the Post Office Savings Bank rose by $154 million in February, and are likely to move steadily towards the $10 billion mark in spite of the recent cut in savings rate. The March 1966 issue of the372 words
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328 1986-04-14 16 Bernama PETRONAS is to come up with a blueprint aimed at increasing bumiputra participation in Malaysia's petroleum industry, its chairman, Raja Tan Sri Mohar Badiozaman, said yesterday. He said a Malaysian consultancy firm, MIDF Consultancy Services Sdn Bhd, had been commissioned to prepare the blueprint,Bernama - 328 words
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148 1986-04-14 16 Reuter NEW ZEALAND Prime Minister David Lange yesterday ruled out the early release of two French agents jailed for bombing the Greenpeace flagship Rainbow Warrior. Speaking on a domestic phone-in programme broadcast by the British Broadcasting Corporation, Mr Lange said his governmentReuter - 148 words
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59 1986-04-14 16 UNITED Overseas Bank has incorporated a wholly-owned subsidiary in Australia. The new merchant bank, named UOB Australia, has an authorised and paid-up capital of Aslo million. The directors are Wee Cho Yaw (chairman), Richard Eu, Lim Kee Ming, Ho Sim Guan, Francis Yeo, Ernest59 words
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306 1986-04-14 16 UPI MOST WOMEN who have surgery to remove fat are motivated by vanity while an increasing number of men hope the treatment will help them in their careers. While women most frequently remove "saddle bags" excess fat around the buttocks men most commonlyUPI - 306 words
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Article37 1986-04-14 16 Bernama UMNO deputy president Datuk Musa Hitam returned to Malaysia on Saturday. Sources said he arrived on a flight believed to be from London where he had been staying after a pilgrimage to Mecca. BernamaBernama - 37 words
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LATE FILE
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Article39 1986-04-14 16 AP FOREIGN MINISTER S Dhanabalan arrived in Tel Aviv yesterday for a fourday official visit to Israel. He is to meet his Israeli counterpart, Yitzhak Shamir, Prime Minister Shimon Peres and President Chaim Hertzog. APAP - 39 words
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Article47 1986-04-14 16 Bernama JAPAN is delaying the release of a new loan package to the Philippines worth US$276 million until a row over the disbursement of previous loans by the Overseas Economic Cooperation Fund blows over, the Business Bulletin said in Manila yesterday. BernamaBernama - 47 words
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Article50 1986-04-14 16 Reuter THE Arab League said yesterday it would support Libya in the event of another US military strike. "The Arab League reaffirms the solidarity of Arab states (with Libya) in the face of all threats of aggression directed against its security," its communique said. ReuterReuter - 50 words
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43 1986-04-14 16 UPI CHINA'S official Xinhua News Agency yesterday criticised US policy towards Nicaragua, and announced the first Chinese ship ever to visit the central American nation has left Shanghai with a cargo of textiles and other goods. UPIUPI - 43 words
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Article54 1986-04-14 16 Bernama THE Action Committee of Cuepacs, the umbrella organisation of Malaysian civil service unions, will meet in Kuala Lumpur on Wednesday to fix the date for distribution of strike secret ballots following what it says is the reluctance of the government to entertain wage adjustment claimsBernama - 54 words
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Article42 1986-04-14 16 UPI PAKISTANI police have said that they have no evidence that a retired army major intended to kill Benazir Bhutto when he forced his way into the Lahore residence where Miss Bhutto was expected to stay. UPIUPI - 42 words
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Article57 1986-04-14 16 Reuter CHINA yesterday announced a big increase in exports in the first quarter of the year in spite of plummetting oil prices, but gave no figure for imports. Trade figures indicated exports during the first three months of the year came to US$5.B7 billion, 13.9Reuter - 57 words
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Article38 1986-04-14 16 AFP CHINESE Foreign Minister Wu Xueqian, who is visiting Japan, yesterday called on Japanese businessmen to help China achieve an annual economic growth target of 7.5 per cent over the next five years. AFPAFP - 38 words
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Page 16 Advertisements
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Advertisement344 1986-04-14 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Turf Club refers wage dispute to Ministry 2. Number of companies formed takes a dive 3. Accountants proposing better internal controls 4. Harper Gilfilan to sell travel344 words
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Advertisement9 1986-04-14 16 Asset s-f or-amnesty offer from Marco* lawyers, Page 59 words
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Advertisement209 1986-04-14 16 Secretaries' Week at Le Gourmet She's taken the rough with the srrux)th, Geantes Sautees au Beurre Pernod or unusual kept up with your demands for perfection and desserts like deep-fried ice cream with raspberry is probably the only person who knows how sauce, which are some of the dishes featured209 words
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Page 16 Miscellaneous
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Miscellaneous55 1986-04-14 16 WMsrn Outlook for today: Showers in o few oreos in the afternoon. Rep ort for 24 hours prior to 7.30pm on Apr 13 at the airport: Maximum temperature 31.1 Associated humidity 74 Minimum temperature 23.7 Associated humidity 99 Hours of sunshine 2.95 Rainfall in millimetres 13.7 Rainfall this month 113.555 words
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SHIPPING TIMES
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141 1986-04-14 17 Reuter A TAIWAN affiliate of the troubled Hongkong-based Tung shipping group said it will never serve China in spite of a planned cash injection from a Chinese businessman with close links with Beijing. John Peng, chairman of Chinese MaritimeReuter - 141 words
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526 1986-04-14 17 JUNE LIM - By JUNE LIM EXPORTS TO the Philippines are to be subjected to pre-ship-ment inspection similar to that implemented in Indonesia a year ago. This will take effect from May 1. But unlike the Indonesian experience, the Filipino government appointed company SGS526 words
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258 1986-04-14 17 IT WAS AN on, off and on again saga between SGS and the Philippines government over the pre-shipment inspection of goods imported by the country. SGS, a Swiss-based cargo inspection company, signed a letter of intent with the Philippines government258 words
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241 1986-04-14 17 UPI PRESIDENT REAGAN asked the Senate to approve ratification of two treaties calling for minimum working and living standards on merchant ships and to implement Erovision of international ibour standards. Both conventions were adopted by the International Labour Conference in 1976.UPI - 241 words
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PORTSIDES
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Article84 1986-04-14 17 FRENCH ALSTHOM said its shipyards in Saint Nazaire, western France, was negotiating a contract to build a liner for Sitmar of the United States, which might take an option on a second similar liner. The vessel would take 1,600 passengers and cost around US$l5O84 words
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Article1213 1986-04-14 18 CONTINUED chartering on Thursday in the iron ore sector and fairly active time-charter fixing featured an otherwise rather dull freight market, shipbrokers said. Iron ore from Tubarao to Dunkirk paid U554.25 while $3.35 was agreed from Lower Buchanan to Antwerp. In addition, there were unconfirmed reports that a1,213 words
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961 1986-04-14 18 The 'no shaving' rule in P I Clubs agreement Fairplay IT HAS BEEN an eventful year for P I as the clubs have wrestled with a variety of complex liability problems. But arguably the most important development in the past twelve months came just a couple of weeks ago whenFairplay - 961 words
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263 1986-04-14 18 A MAJOR REORGANISATION of its administrative staff is underway at the Port of Oakland. It is designed to strengthen the port structure to meet challenges ahead. Said executive director Walter A Abernathy: "The new administrative organisation will help us accomplish our mission in263 words
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Article532 1986-04-14 18 THE SALE OF two VLCC's for demolition and renewed buying by Chinese breakers, featured in the sec-ond-hand tonnage market last week. The Nova, VLCC of 33,688 light tons built 1975, was sold as-is Dubai to Taiwan for about US$lO6 per light ton. And the Atlanticos. VLCC of 32,832532 words
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Article850 1986-04-14 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 4 Anro Service IV 3/4 Arrow Lines X 5 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL HI 1 Bait-Canada Line850 words
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221 1986-04-14 19 Reuter NEW SHIPBUILDING orders in Western Europe and Japan fell to 9.66 million gross tons in 1965 from 10.90 million in 1964, the Organisation for Economic Cooperation and Development (OECD) said in its quarterly survey. New orders for Japanese yards fell toReuter - 221 words
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398 1986-04-14 19 Lloyd's List A JAPANESE SHIPOWNER which helped pioneer the country's first sail-assisted merchant ship project is verging on bankruptcy with liabilities of around Yen 2.9 billion (US$l6.l million). Aitoku Co of Tokuyama has been ordered to preserve its assets by the Yamaguchi DistrictLloyd's List - 398 words
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324 1986-04-14 19 AP THE GOVERNMENT of Prime Minister Brian Mulroney, stung by the unauthorised voyage of a US icebreaker through the North-west Passage last year, introduced a bill in the House of Commons last Friday to assert Canadian sovereignty over the Arctic archipelago. The bill wouldAP - 324 words
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226 1986-04-14 19 CONTRIBUTIONS TO the ailing Greek seamen's pension fund (NAT) have been increased by 3 per cent for shipowners ana 1 per cent for seafarers. The decision by the Minister of Merchant Marine was criticised by the Union of Greek Shipowners. It called on the minister226 words
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Article190 1986-04-14 19 THE MAJOR shipping consortia operating between the Far East European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container190 words
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226 1986-04-14 19 Seatrade Week MOVES ARE UNDERWAY to set up a research and rescue centre following the findings of the inquiry into the loss of the brigantine Osprey in Typhoon Ellen in 1983. The second part of the inquiry in Hongkong, part of which was madeSeatrade Week - 226 words
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Article3722 1986-04-14 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 a3,722 words
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Article785 1986-04-14 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Kris Lemona 10 14.4.86 1900 Straits F1 1000-1100 S2 Insa 302 14.4.86 2000 Sea Consort F8 1100-1200 W2 Leda Moersk 8606 14 4.86 2330 Moersk F5 1430-1530/1230-1330785 words
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Article410 1986-04-14 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel CR Abtd|on KI6 Borneo alongside 14 4/0700 Da Nang Kll NAPL alongside 14.4/1500 Equator 3 K22 T Soon 14 4/0700 15.4/0700 Equator 5 K23 T Soon 14 4/0700 15.4/0700 Glory Selatan K17 OC Int'l 14.4/1400 16 4/0700 Nordbausen410 words
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Page 17 Advertisements
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Advertisement864 1986-04-14 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. TIMES f HE BOOKSHOP OOCL Orient Overseas CotUaitm Line STRAITS EUROPE EXPRESS SERVICE MUM SHPPMG ACENCSS (Rtf Ni 242*4/ 00K) 70 Shenloti Way *0403864 words
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Advertisement68 1986-04-14 17 QEBJBS IT HAS BEEN an eventful year for P I as the clubs hove wrestled with a variety of complex liability problems. Page II A JAPANESE SHIPOWNER which helped pioneer the country's first soil-assisted merchant ship project is verging on bankruptcy with liabilities of around US$l6.l million. Page 111 Index68 words
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Advertisement1199 1986-04-14 17 IN SINGAPORE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING MALAYSIA. 755-8955 -LA MAERSK LINE PRE-RATE INCREASE LOADERS SINGAPORE/USA eta SINGAPORE Leda Maersk VOY 8606 14 APRIL Kela'ng nanq Ve»»el Voy I S'pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA •Smgipotf Dosing Tones CY 14/4 1500 MRS CFS 13/4 2300 MRS1,199 words
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Page 18 Advertisements
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Advertisement448 1986-04-14 18 El V,Q J a TAf Ji] YAMASHITA-SHINNIHON LINE JL «iL/ JLJJL JL TXJ TRANS-PACIFIC SERVICES STRAITS FEEDER I Pacific South West I Pacific North Wast I Atlantic/Canada I Feeder at Kao I Feeder at Kao I Feeder at Kobe PMPTMITWIM W TT—rrmrT lILM ITT PT3B liM JST— E7M ilim HI448 words
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Advertisement246 1986-04-14 18 Supercarrier Service MXT ARRtVAIS BARKR 77/3 BARMR PRIAM 5/4 Ift ROSARJO 17/4. BARKR PfRSfUS 27/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Aha jcctptaf cantn lor Hmslw (MLB) S Francnce Oakland Stocttor and San Ow(0 ra I Anfeles Chartestw na Si«k TO: CARIBBEAN CENTRAL AMERICA Gearbulk To NEW246 words
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Page 19 Advertisements
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Advertisement1181 1986-04-14 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINERSHIP SERVICE TO UK CONTINENT MKMEII EXPRESS KOMOON MY an or a—ai n/s fvankfurt arms 12/5 TOW DTKSS 21/5 orMO MM 27/5 OSAKA BAT N/t ■DDI CVKS n/t KOMOON1,181 words
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Advertisement799 1986-04-14 19 Franco Belgian Services ffc .ir I .1-1 tr.n. s,- r ,ih K. f..r > ~w. rn in. (MEMBER OF ACE CONSORTIUM) comma soma to tarn STOW PJHIAN6 U Karrf I tan fS*m Nm KOKAN MCUN 1C Apr (14 Apr) M Mar «*»T Mar M (CPTIM arSTHI 2J Apr (21 ApO799 words
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Page 20 Advertisements
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Advertisement399 1986-04-14 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS FROM N. CONTINENT &UK IMPORTS Agents SEGANI S*«ar« *****W K.lmm *****25/ I/I. *****1#. 733x349 Mb* *****71 P. Kttaf *****1 FrafM *****19 CFS 3M271 J CFS 223*441 ftna* *****7. *****2 \\T«nwnal 22<5<33 813H3 —V W LLOYD TRIESTINO CONTAINER SERVICE Accepting cargo For: lorcotono, ktrnrwMm (FOS), Genoo, Trieste.399 words
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Advertisement149 1986-04-14 20 FULLY CONTAINERISED SERVICE 10 EUROPE VIA Sllf 1 a ot < h,> ce •cnvc amr* m (OHM CMMC( 2CD snxttMssn FROM EIIPUPf VIA SUli M»mbn of the Are Cursortium snot HAS BMW Ml mcMon m CI. TO*TO X ('ill V N'S Nff'Sin 111 IR( M NORIH AMI RICA WIST CCASI149 words
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Advertisement750 1986-04-14 20 ML Hai Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines). TLX RS ***** RS *****. t EASTERN CAR I INER. ITD. Specialist in RO/RO Service Acceptin{ heavy-lifts upto 80 K/Tons Sailings from Japan VtttH Sport fKfUne Kuclmf Muara M SRI AKEISMI V 34 ki hrt Sated nilKt MAW No750 words
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Advertisement374 1986-04-14 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) SCP [VER GENTLE 16 4 IKR 10MMK ?0 [VEP awus 27/4 (Mil GARDEN 4/5 EVER GUARD 11/5 not IMM I 11/5 EVER ITWC 25/5 mso accepthg ia/Fa t ra/ra to gotkmik urns, copenmcen. oao. LONDON, SOUTHAAMTON MMOfSIDL374 words
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Advertisement189 1986-04-14 20 HISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES 7T KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Qmm 21/4 Cow 1/5 Lac. Orafcay. PHaresby. RAMI, Keta, IMva. Sara WwA, Mate*. Lac, PJfamby. AM an. Rafcarf. Kkta, SY SUN UNION LINE KARACHI SERVI m TAIYO MARINE LINE WEST AUSTRALIA189 words
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Page 21 Advertisements
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Advertisement844 1986-04-14 21 PACIFIC INTERNATIONAL LINES \T W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT OOWA KOTA SINGA JKT SSV SIN IS/4 IS/4 21/4 29/4 1/5 S/S 10/5 12/5 HKQ KAO "TCH KEE BUS 'MOW *MTC YOK KOB KEE 25/4 27/4 2S/4 2S/4 1/S844 words
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Advertisement781 1986-04-14 21 BENLINE CONTAINERS EXPRESS com WO SERVICE FROM UK/CONTMENT hmi bimvena-dm mm sign pjeumcstobe rat Mm Mara SjM SaM MUM M b Pwl 16/4 MIC. City at (Mwfk UM bM UM SjM SjM 21/4 21/4 HKC. FraAlwt Eiprtts SjM SjM SjM SjM SjM 29/4 1/5 MIC. T*» Eiptu SjM SjM SM781 words
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Advertisement558 1986-04-14 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYD f.¥. 6ESURI LLOYD FX SMMKM MNNBIA P.T. TVIKOtA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE I S par* Bftao Bremen A4am/(tdam Lin Hamburj A VESSEL *GAN)A GAMA VISNB OCEAR mm V4NB LJ BONTAN6 VIWB 7/5 29/5 31/5 9/5 3/8 0/0558 words
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Advertisement411 1986-04-14 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Mapre ¥3 Patan V9SN Htoneywi V/ 211 tOMXPIG FOR EUROPE V* Spore PJtrtMC 14/16 Apr 19/22 Apr 1/3 May BANK LINE EXPRESS SOa-COWTMO NORTWOUM) TO UKC jPORE ROAM I THAU. ASM MAMA 4/5 2/6 MEADONBAM VION 16/5 9/6411 words
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Page 22 Advertisements
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Advertisement1351 1986-04-14 22 USA CANADA ATLANTIC COAST (Round The World Service) OMENTAL KNGHT V 26 MERCATOO V37E/N GARNET *3 CJ TOKYO Y3E/0. FREEDOM VS OCEAN LEGEND V 2 PACIFIC COAST K line KAWASAKI KISEN KAISHA, LTD. feeder *sl sp n m sp I BRDGE V 54 11 APR 12 APR 13 APR 151,351 words
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Advertisement741 1986-04-14 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contamaft Sangapote P Hrljnf Pounf loafrnj toe S O TRWRA 23 Apt SPUWR) FORTUf" 23 Apr KABWAS 23 V CMl«<*<T tSIE CUTER 24 Apr 22 Apr tfcta/TM/IMfll/Uctfb BHAVABHUTr 21 Apt CMw*« B«**t INDIA SERVICE Accepting FCL Containers741 words
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Advertisement621 1986-04-14 22 GOLDEN LINE GUAN GUM SHIPPING (PTE) LTD 23. I«W «r« Strn< SWGAPORE (104 Ttl 4343*11 (II DCS) STRAITS/PERSIAN GULF SERVICE: COIKR MM Colombo Onto Ooh» Bahrain GOIKN HMEN Cotombo Ka**r (Mm Bah-ao Sport PMaflf ft*#* 27/21 Apr 14/17 «b T CHINA OCEAN SHTPMG CO., FEKMG THE PEOPLE S REPUBLIC OF621 words
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Advertisement478 1986-04-14 22 INTRASEA (PTE) LTD. 10 Anson Road "27 16 Interraiiona P aza Singapore 0207 Tel *****1 1 ICI Linesi PHILITRON SHIPPING AGENCIES PTE LTD TEL ?*****2 (8 LINES) TELEX RS ***** PHILI weekly ia t ra r j -i 1 14/4. J4/4 M/ 4. 1/5. 14/5 15/4. »/4 1/5 UDOU U5l478 words
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Page 23 Advertisements
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Advertisement620 1986-04-14 23 &NOL NEPTUNE ORIENT LINES LTD Aeenls J pot, MPTWf AttNOES PTE ITD id Hi rtfee cfs wrnma *****77 i»/mbt tpr/xa *****77 7? 17*27 *****53 OR OMKT LOOS *****53 *****47. Tl*. NMKRWWLM. '*>•» p (eta* HMPER MM SON M® p i,,, HMPOt MM SON. M Perunf HMPCT MM SON. BHD *****4620 words
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Advertisement509 1986-04-14 23 MINIS n» ptuni agfncifs pit no IH *****' i SS4I4 Rook in js l .V7/SlO ??1?07? Opffjtionsi ????4* 1 l C<>. Ig41g4 Te»TMnil w 1 •'0 ?W)O4 (crs) Mil »»Sl« lUNIS TUNAS SHI* SDN BHP Kl Tfl PK Ifl 3«9*>64 PfN T»l 36/37S 36'4^ CEYLON SHIPPING CORPN National Line of509 words
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Advertisement678 1986-04-14 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tdei Numbers RS ***** RS ***** RS ***** P KEIAHG PEMANG M/S SHAWKM NAN SOON SON BHD IST ANO 2NO FLOOR MESSRS HN THONG SHTPIN6 1?7 Penang678 words
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Advertisement112 1986-04-14 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Ro»d #06-01 Ng T«ow Yh»« Dldg S pot 0923 T#l 235 8A44 ,4 linwt). Purl Pira Sdr Bhd Ifl 03 3890?! 5 P'rjjnj MaUvvj !-adf A T, 3"spoft ltd TH 04 61 7893 P.i\* Sudang Maiatwn *{fncifs Sdn112 words
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Page 24 Advertisements
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Advertisement328 1986-04-14 24 ifffgil REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) VESSEL SINGAPORE Tut/Wed 15-16/4 Thu/Fri 17-11/4 SEA FORTUNE HYA BHUM SEA FORTUNE SEA FORTUNE TO SOUTH THAILAND EH IV! UaIU KULM IT7TI MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PCNANG/NEEKLY TO PJtaAHG/FORTWGHTLY TO BELAWAN I'.lf.'.J, \rW7TT OPWPIHi i em ESI Abo328 words
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Page 24 Miscellaneous
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Miscellaneous174 1986-04-14 24 Regional Weather i 4T X V. 'A h IS. i m 1 !i bn ir^v. 1 °c (j Wind direction 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 n*174 words
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Page 25 Advertisements
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Advertisement192 1986-04-14 25 BATAM. DUMAI. PEKAN BARU REGULAR SERVICE Vessrt ETA ETD Loading for GUNTUNG JAYA 16 Apr 18 Ape Dumai/P Baru GUNTUNG JAYA BARU 20 Apr 22 Apr Sekupang/Duma. BINTANG TERANG 17 Apr 18 Apr Bat am Genertl Agents Dunai SMppmc fit Ltd., "KWi 7500-A Batch Road #08-308 Tha Plaza. Smgtpori 0718192 words
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Advertisement204 1986-04-14 25 P.T. TYTYAN SAMODRA SHIPPING COY BAIAM/DUMAI Reliable Weekly Services Vessel RICROL 3 Sailing Every Wednesday POH AIK Every Monday Envi Services Pte Ltd Tel: *****55 Tlx RS ENVISV Fax 295G728 REGULAR SERVICE TO INDIA VESSEL ETA LOADMG FOR CHOIAH 2/5 CALCUTTA ELIZABETH 15/4 MAMAS TBN 20/4 BOMBAY For further enquiries,204 words
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Advertisement326 1986-04-14 25 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TMN DECKERS ON REGULAR LMER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND THAILAND. ABU TO UFT REEFER OTHERS CONTAINERS AGENT OCt AN MTI MARME CORP PTE LTD *****11 (5 UNES)/33%641/33%649 (Direct)326 words
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Page 26 Advertisements
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Advertisement531 1986-04-14 26 Jlf matom? TO: EUROPE TG MAM Bf* JAMAS to Pat 19/21 Apr 22/24 Apt UK. RTM. HBC. BMW ANP FM. ruiMK Bangkok ft* JUMP A 17/19 Apt 20/21 Apt 22/23 Apt 25/21 Apt FM, HBC. BHYW. AWP Mil AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYB MARITIME SERVICES SON BHD531 words
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Advertisement422 1986-04-14 26 mi: KM LUCKY SEAWAY SERVICES S pore Tel ***** Tl* 2fc>o6l KK Tel 088 *****6 ***** Tl. MA ***** Seaway S.E. Asia to ftod S«s/M«dltßiTansan. VESSEL BIT SGP MDONESM SABAH LOAUNG FOR PwitPJ 1977 20/4 25/4 30/4 Hodeidah, ieddah Aieiandru ftrt Said. Ato mi othar Mt«ftui«e» porti on t+Knm* H422 words
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Advertisement724 1986-04-14 26 C.Y. LINE (A Mem tor Of The ACE Consortium) CHO YANG SHIPPING CO. LTD mi* cofflumso service to cumk <w skzi Spn LiHarrt Man FitoM H*b«rf Brew Ww? KOKAN MQW 33W 16/4 5/5 6/5 1/5 11/5 U/5 13/5 ICPTUC CRYSTAL 34* 23/4 12/5 13/5 14/5 U/5 U/5 a/5 KOKAN CHANCE724 words
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Advertisement797 1986-04-14 26 Everett Lines 321 Loafcnc tor Caftao Mataram Ho and <1 other Perunan ports witti (rjrrshipn«*nf it Hot* On CPV Through Ms ot lading to tinal Destination Penary* P Kctani Saifapore HUOOOEn 13/15 Apr MANOIOEVDtfTT 23/24 Apr lOHNEVERETT 7/» May "EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR HONGKONG*. YOKOHAMA,797 words
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Advertisement315 1986-04-14 26 ZIM sy'Ti i-' if ;'f* M k *SSfl It 4at one A. KSS£I 23 4 m VESSEL 15* 2M I vessel ism m i 2M stok 12/s ii/s *i/* nn OEM IMHtS lt/4 la 1/5 TMSTE 13 5 27 5 2/4 5 7 t It AccapVni FCI To Eot**** and315 words
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