The Business Times, 27 October 1986
1986-10-27
1
28
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The Business Times
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Title Section12 1986-10-27 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, OCTOBER 27, 1986 75 CENTS12 words
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Article, Illustration482 1986-10-27 1 LUCY NG - Management wants cutback in travel benefits By LUCY NG SINGAPORE AIRLINES has agreed to a 2.5 per cent wage rise (or its bargainable staff but wants to cut back on travelling benefits for its workers. The Singapore Airlines Staff Union (Siasu) is482 words
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Article, Illustration194 1986-10-27 1 IT WAS a tight and tough battle for the title, but in the end Lawrence Kwok and Tan Chong Hock emerged victors and here, resplendent in their winners' jackets, they proudly hold aloft the Business Times challenge trophy. The amateur pair came in with 43194 words
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Article110 1986-10-27 1 AP THE EUROPEAN Common Market is planning unspecified trade retaliation against Japan over its curbs on imports of liquor. The 12-nation trading bloc said its executive branch would ask for a ministerial approval to start proceedings in the General Agreement on Tariffs andAP - 110 words
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Article209 1986-10-27 1 UPI JEFFREY ARCHER, the best-selling author, abruptly resigned yesterday as deputy chairman of Prime Minister Margaret Thatcher's Conservative Party following allegations that he tried to pay off a prostitute. Mr Archer resigned after consulting his lawyers on allegations in Sunday's News of the World that heUPI - 209 words
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196 1986-10-27 1 AFP INDIA, the world's largest producer and exporter of quality tea, has drawn up a five-year plan to boost exports to the vast Western market its rivals traditionally dominate. The government is to launch the US$B4 million plan in 1967, broadening its marketsAFP - 196 words
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545 1986-10-27 1 ALVIN TAY,LIM SOON NEO - Several parties negotiating to buy Motor Leasing By ALVIN TAY,LIM SOON NEO MOTOR A LEASING (Pte) Ltd, which recently won in-principle approval for a $140 million Thai bus supply contract, is now negotiating with several parties to buy over the company as a going concern. BT understands that these companies545 words
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125 1986-10-27 1 THE HUMAN ORGAN Transplant Bill, aimed at initiating a law that allows doctors to remove organs from fatal accident victims without their prior consent, is to be tabled in Parliament today. The Legal Profession (Amendment) Bill, which spells out the rules on who125 words
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Page 1 Advertisements
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Advertisement267 1986-10-27 1 Need a car or truck loan? I Ww FOONG 737-7977 Wbyfbong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of HongkongH.ink MANAGEMENT IT WAS COMMON SENSE, and not management degrees, that won us the National Management Game trophy, say the winners. Pag«S BEWARE THE FLOOD of 'strategic partnerships' between Japanese267 words
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Advertisement333 1986-10-27 1 .!!^/@\(!`{[{>%:^`/>{-}$@='^-.< The insurance stock to watch THE OUTLOOK for Singapore's life and general insurance industries this year is rosy. BT's weekly Personal Investment page analyses the prospects and singles out The Insurance Corporation of Singapore Ltd for discussion. Find out, too, which stock has the marks of a bullish chart.333 words
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Advertisement126 1986-10-27 1 jgh Shipping Timaa comet as a Mparah today. Maka aura you gat your copy. Trans-Pacific JALte 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. The Executive Express leaves Tokyo daily,126 words
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ASIA-PACIFIC
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375 1986-10-27 2 New provisions announced UPI SHANGHAI, moving to regain its position as a major Pacific trade centre, has unveiled new provisions aimed at luring foreign investment to China's largest city, the official China Daily newspaper said. The new measures coincide with a government-directed programmeUPI - 375 words
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170 1986-10-27 2 AFP A BLUE-RIBBON government advisory body Friday drafted final recommendations on major changes in Japan's 36-year-old taxation system, calling for the introduction of a controversial new broad-based indirect tax. The Tax System Council recommended the introduction of a value-added tax at every stageAFP - 170 words
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267 1986-10-27 2 AP TAX OFFICERS raided stock brokers in India's financial capital for the fourth day on Saturday as Prime Minister Rajiv Gandhi's government forged ahead with its drive to find undeclared "black money". The unprecedented an-ti-corruption raids on 21 share brokers prompted a protestAP - 267 words
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208 1986-10-27 2 AP PRESIDENT Corazon Aquino of the Philippines has instructed government ministries to formulate a comprehensive national programme for the rehabilitation of communist and Muslim separatist rebels who lay down their arms. A presidential palace announcement said Mrs Aquino issued the order during a meetingAP - 208 words
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Article808 1986-10-27 2 ARRIVALS Operator Service number Local time From S1A SQI17 0005 KUL UA UA805 0010 JFK/SfO/HKG FT FT73 0046 LAX/SFO/ANC/ NRT/OSA/TPR SIA SQ41 0615 MAA SIA SQ691 0650 KHH MAS MH681 0620 KUL SIA SQ45 0650 MRU MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ43 0920808 words
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Page 2 Advertisements
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Advertisement486 1986-10-27 2 V*. The new NEC APCIV. tt grows on you. If you've discovered the limitations of other PCs you'll find the new MB. Plus a maximum hard disk storage of 80 MB the power of some NEC APC IV offers the perfect solution with all the winning features mini computers today.486 words
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Advertisement185 1986-10-27 2 M~| —"V 7" The business person's choice, 131 I\/I I J every Tuesday, Thursday, Saturday I I \J I I A/-\| and Sunday. Leaving Changi Airport I J V _LI fL jLL at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel185 words
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REST OF THE WORLD
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368 1986-10-27 3 Reuter EUROPEAN companies are moving to small computer systems, and demand for large mainframe computers is falling, according to US market research analysts. IBM, the world's biggest computer company, said a drop in overseas demand was a primary factor behind the 27 per cent fallReuter - 368 words
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134 1986-10-27 3 Reuter KREMLIN LEADER Mikhail Gorbachev has called on communist party leaders across the country to fight harder against inertia to rebuild the Soviet economy. Holding a rare meeting last week with what the Pravda newspaper described as a large group of party leaders fromReuter - 134 words
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189 1986-10-27 3 Reuter A GROUP representing 63,000 travel agents in 83 countries has warned that its members will not send tourists to any nation which protects or encourages terrorism. A member of the board of directors of the Universal Federation of Travel Agents' Associations, which endedReuter - 189 words
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Article267 1986-10-27 3 Reuter GUERILLA GROUPS and militias throughout the world have said they will adhere to Pope John Paul's call for a truce today while he and other religious leaders pray for peace. Vatican spokesman Joaquin Navarro-Vails said over the weekend that guerilla groups in Lebanon,Reuter - 267 words
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Article370 1986-10-27 3 Reuter INTERNATIONAL RANKS have taken more money out of heavily indebted countries than they have been putting in, in spite of a US aid plan backed by the International Monetary Fund (IMF), according to a study published yesterday. The Bank for International Settlements (BIS)Reuter - 370 words
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242 1986-10-27 3 AP THE UNITED NATIONS sombrely marked its 41st birthday last Friday in a world described by the UN Secretary-General as "over-armed, over-militarised (and) haunted by the nuclear threat". Secretary-General Javier Peres de Cue liar said: "It is not a world inAP - 242 words
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Page 3 Advertisements
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Advertisement87 1986-10-27 3 0 I 0 First, a question. Can you touch, or even see, your toes? No, it's not a trick question for dying out /jJtr No? Fantastic! Well done! Give yourself a pat on the tummy in w 1 M irl- oV»rk*N/\ /m it» +rv L\ perfect shape to tackle our87 words
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Page 3 Miscellaneous
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Miscellaneous0 1986-10-27 3 =*)>/\*__`|}@-+%@|@|&!='+/<&}_&0 words
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Page 4 Advertisements
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Advertisement114 1986-10-27 4 Next stop Amsterdam Jta RHBiiiiP mi SB St mm WKSmm«M Wmmm m^mmm M'JM "A V-5 r i u r K VV«? i -V m SF 0 i (I w Is «k w; H iSM« 3En^<ir^?:rsfS -t ■gJSMzg&Zr roflnP *M <.■«"*•• ?r, r BR:"- .wi- Jp j£v\ V. Now Cathay Pacific114 words
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MANAGEMENT
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1282 1986-10-27 5 CHRISTOPHER LORENZ - The flood of international joint ventures and "strategic partnerships" between Japanese and Western companies does not represent a new era of collaboration and powersharing, warned a group of US and European academics in a paper for the recent Strategic ManagementFT - 1,282 words
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242 1986-10-27 5 BUSINESS games will become more and more similar to real life management, according to Issues, the PA Management of Journal. The use of microcomputers has added flexibility and brought sophistication to business games, and as the designers become more experienced and the microcomputers more242 words
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Article, Illustration632 1986-10-27 5 MARTIN SOONG - Foursome takes National Management Game title By MARTIN SOONG COMMON SENSE, not management degrees, won the day for four colleagues from International Protection and Planning (IPP), winners of this year's National Management Game. Looking pleased but not beside himself, team captain Allen632 words
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Page 5 Advertisements
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Advertisement406 1986-10-27 5 uVrViM m *€!H 90% OCCUPIED Just as we have achieved 90% occupancy for Tung Centre, we can, with our listings, likewise find you the right space to suit your requirements. §WU J 7&vp u 1986 National Productivity Congress Theme: MANAGING PRODUCTIVITY The Key to Business Efficiency Objectives: •To instil the406 words
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Advertisement155 1986-10-27 5 ■prv Wtt <m k v-v i fV"*.T2 /#wA "IS /.>■£» HjH^^Tj r--< Le Meridien Singapour with y the kind sponsorship of Alliance m Francaise present Ars Antiqua de 49 Paris as the latest highlight of its Arts Festival. A rare opportunity, indeed, to lose yourself to the songs and music155 words
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BANKING AND FINANCE
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584 1986-10-27 6 Reuter CENTRAL BANK supervisors, seeking more cooperation in as■t—ing the health of the world hanking system, are striving to set general standards to assess commercial banks' solvency, the Dutch central bank said. Its statement, released after a two-day international conference of banking supervisors inReuter - 584 words
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192 1986-10-27 6 Reuter SWISS CAPITAL exports reached 11.7 billion Swiss francs in third quarter 1966, up 13 per cent from the previous corresponding period, on a further rise in borrowing from industrial countries, the Swiss National Bank said. In an advance text of its monthlyReuter - 192 words
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291 1986-10-27 6 Reuter A SENIOR Mexican government official met Middle East bankers on Saturday and afterwards expressed optimism that the region would contribute to a mul-ti-billion dollar debt package. Angel Gurria, Mexico's director general of public credit, told reporters he had been encouraged byReuter - 291 words
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161 1986-10-27 6 Reuter US PENSION funds will increase their holdings in foreign shares in 1987 to about 5 per cent of investment capital from 1.5 per cent this year, a report from the private Cops Financial Markets Research Group said. The funds will primarilyReuter - 161 words
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Article226 1986-10-27 6 Asian ASIAN CURRENCY average deposit rates for the week ended Oct 24 UD PttCES Loo US 7 days 6 5 15/16 1 month 6 1/16 5 15/16 2 monthi 6 1/16 5 15/16 3 month) k 6 1/16 5 15/16 6 monthi k 6 5 15/16 9 month* 6 1/8226 words
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492 1986-10-27 6 Union Bank of Switzerland REPORTS on the performance of the US economy were the principal determinants of trading activity on the currency markets last week. Rumours concerning the extent of GNP growth In the third quarter, which either far exceeded or remained way belowUnion Bank of Switzerland - 492 words
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Article30 1986-10-27 6 UBS US rtoiar Evidence (or sustained rate recovery still insufficient S Franc: In the erosrilrc of technical factors. Bt«riing: Further rate corrections. Qokfc Seesawing with the dollar. ÜBSUBS - 30 words
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Article56 1986-10-27 6 At Saturday's dose Prices off< sred by discount houses on October 25 3-moo»h Treotury M 1 IS/16 1 13/16 Ow«m>ght 2 3/8 3-monih bonk MK 3 2 7/8 Cat depovts 2 1/2 2 3/8 3-montti CD 3 2 7/8 f 1 1 b-mon&t CO 3 1/4 3 1/856 words
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282 1986-10-27 6 International Discount Co Ltd INTERBANK overnight rales which opened easy last week at the 1-1/4 per cent 1/8 per cent level firmed to close at 4 per cent 3-3/4 per cent. Term deposit rates firmed in line with higher overnight rates. The onemonthInternational Discount Co Ltd - 282 words
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328 1986-10-27 6 Green Collier SPOT GOLD plunged last week amid strong selling and book-squaring pressures. Gold closed at U*****.50 last Friday, a drop of US$ll2 compared with the previous week's close. The resurging dollar and gains on world stock exchanges were the main factors thatGreen & Collier - 328 words
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Article, Illustration479 1986-10-27 6 Mcates I» mrag* tf In priM Mh| rates tf 12 Mfw bats h PLK of bonks at Hm doto of bosinass o« Saturday, Oct 25 os suppfeod by tbo Assoootioo or Bonks in Singoporc. BANK PUt <%) Aigemene Bank 7 Amencon Express Bank Am Dam R'terdom Bank.479 words
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Article31 1986-10-27 6 The range of col rates for the week ended Friday, Oct 24: Bonk W 4.5 5.9* General fund 4.8 m of funds 2739*« m Source: Short Deposits (M) Bhd31 words
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Page 6 Advertisements
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Advertisement210 1986-10-27 6 The Seminar Package with your interest at heart ■<-£> P W r n J t <« j aft f* I t i i i A V S V •"M v There are a thousand and one details to organising a successful seminar. Leave the thousand details to us. The one210 words
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Advertisement29 1986-10-27 6 We seek him here, we seek him there Those Frenchies seek him everywhere Is he in heaven, is he in hell? 99 That dashed, elusive Pimpernel? 1/ie Scarlet Pimpernel29 words
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THE ARTS
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Article, Illustration624 1986-10-27 7 LISA LEE - By LISA LEE SHEILA WHYTE's painted studies of the human form have been called erotic, usually depicting as they do two or more nude figures closely entwined. They drape, fold and merge into each other in flowing curves often set in stark contrast624 words
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Article, Illustration608 1986-10-27 7 MONICA GWEE - Dinner theatre: The Man Most Likely T0... By MONICA GWEE SAUCY, RACY, and punctuated with chronic bad temper, Saturday night's performance of "The Man Most Likely T0..." at the Shangri-La Hotel, played to a capacity crowd and a bout of stomach flu. The608 words
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Page 7 Advertisements
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Advertisement33 1986-10-27 7 IN THE ELITE WORLD OF ITALIAN MENSWEAR, PRECIOUS FEW NAMES CAN SAY THEY HAVE TRULY ARRIVED. BENELLI. NOW IN SINGAPORE AT A NEW BOUTIQUE. 176 ORCHARD ROAD, #02-02 CENTREPOINT, SINGAPORE 0923. TEL. *****32.33 words
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SPORTS
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Article, Illustration562 1986-10-27 8 BRIAN MILLER - Pros and amateurs have a field day BUSINESS TIMES IQfh ANNIX/FR^ARY GOU= COMPETITION 86 By BRIAN MILLER THE RAIN CLOUDS were always present. They hung low over Sentosa threatening and teasing the 124 golfers Involved In yesterday's Business Times 10th Anniversary golf competition. Ever soPhotos by YAP YEW PIANG and TAN LAI HOCK - 562 words
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Article, Illustration432 1986-10-27 8 THEY CALL it the "friendly championships" but mean Marimuthu had other ideas yesterday. The 39-year-old assistant pro at the Singapore Island Country Chib was appropriately all business in the Business Times 10th Anniversary golf competition at the Sera pong come yesterday. One over-par at the turn,432 words
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Article, Illustration129 1986-10-27 8 NINE-HANDICAPPER Su-Chin von Armin is still absolutely thrilled about her first hole-in-one and her prize, a Renault 21. She drove home in her Renault 21 yesterday after the car was officially launched by Exklusiv Motors who donated the prize. Mrs von Armin, who is a129 words
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378 1986-10-27 9 AP FRENCHMAN Alain Prost won the Australian Grand Prix in Adelaide yesterday to retain his world championship in a bittersweet finale to the Formula One season. In a race charged with drama and changing fortunes, Prost's McLaren flashed across the finish lineAP - 378 words
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Article, Illustration579 1986-10-27 9 AP WEST GERMAN sensation Boris Becker, pounding in 19 service aces, beat Stefan Edberg of Sweden 7-6 (7-5), 6-1 yesterday to win the US$6O,OOO first prize in the 1966 Seiko Super Tennis Tournament in Tokyo. "I won against the No 1 player (IvanAP - 579 words
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Article134 1986-10-27 9 UPI HISAKO HIGUCHI carded six birdies against one bogey yesterday (or a five-un-der-par 66 and won by six strokes in the Tsumura Itsuki Classic golf tournament at Sakuragawa, north of Tokyo. Higuchi, 41, with her second tournament victory in as many weeks, took home a winner'sUPI - 134 words
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Article, Illustration671 1986-10-27 9 WALTON MORAIS - (aHsbertr SINGAPORE WOMEN'S OPEN TENNIS By WALTON MORAIS AS THE CHAMPIONSHIP battle hung in the balance, Gigi Fernandez played Russian roulette. With the match tied at one set all and Mercedes Paz on a roll, Gigi was in danger of being steamrolled in the final setPhotos by ALBERT SIM - 671 words
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Page 8 Advertisements
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Advertisement64 1986-10-27 8 OLYMPICS OLYMPIAN CLASS m I' I A WISE CHOICE Extra-spacious 42-inch seats plus all the privileges and trimmings of first class travel. For just the price of a full economy ticket. For enquiries and reservations, call 225 8877. rT* A f IT 4 K S 'The International Airline of Greece64 words
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Page 8 Miscellaneous
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Miscellaneous40 1986-10-27 8 BriStcW: FmnK Dieters p\ peu; rniNuTes ueu, CJ&LL mie. BRISTOL > I UPSTftiCS... NOT Of TEN) ~fX K C ~V yoo Pfty us Pv visit. i yojoiM us more, COP, ve^A c o\ (C; TOO PXJCM Pt?£SSOR£-, I'rn W?PHD n»*"TO a40 words
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Miscellaneous1004 1986-10-27 8 7.00 PM SBC Text Sample Poges. 7.30 Opening and Progromme Highlights followed by The Return of Sherlock Holmes The Musgrove Ritual. 8.25 Coming Attractions. 8.30 Adam Smith's Money rv~9.00 George Solti Conducts the Bavarian Rodk> Symphony Orchestra: Tchaikovsky (r). 9.45 Pino Bousch (See highlights, r). World Music 10.40 World Music1,004 words
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Page 9 Advertisements
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Advertisement67 1986-10-27 9 The Hottest Things in Golf k,\ cA Of) S>.* v W% Hi" VpALDINU AMERICAN FIRST CLUB MAKER SINCE 1876 THE UNDISPUTABLE NUMBER 1 IN GOLF We have the clubs, the balls and the accessories to make you a better golfer. Meke/in Marketing Pie Ltd. A subsidiary of A!e* s Group67 words
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Advertisement37 1986-10-27 9 Probabty the best beer in the woricL RADO DiaStar «Anatom» Diamond-polished Convex Sapphire Crystal. Scratchproof. Waterproof. 152.0202.3-031 X RADO SERVICE CENTRE: NEW HORIZONS SINGAPORE PTE LTD 35 Selegie Road #81-06 Parklane Shopping Mall, Singapore 0718. Tel: *****11/2.37 words
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Page 9 Miscellaneous
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Miscellaneous621 1986-10-27 9 saaasaQia!) CRYPTIC PUZZLE ACROSS 1 Jock's bock on the street (5) 6 A trick dismissal (5) 9 Liked turrwna up in a Polar setting (7) 10 Like certain (outwardly any) young men (5) 11 Mark 20 (5) 12 Trust in Adam (5) 13 Boxing angles? (7) 15 Commit crime, nominaly621 words
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BIG BANG COMES TO LONDON
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1076 1986-10-27 10 SOH TIANG KENG - Today sees one of the most important acts of de-regulation ever to be introduced into the world's financial markets. Britain's financial community, based in the City of London, is throwing off more than a hundred years of tradition. It has had1,076 words
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783 1986-10-27 10 ALAN CANE - By ALAN CANE THE LONDON Stock Exchange is accustomed to technological change. In the past 10 years, it has seen its simple closed-circuit television method (or distributing prices replaced by the viewdata-based Topic system and the manual settlement of bargains automated through the Talisman783 words
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Article, Illustration1226 1986-10-27 10 NEVILL BOYD MAUNSELL - By NEVILL BOYD MAUNSELL "BIG BANG" has become the City of London's Jargon (or Oct 27 1986. That is the day when the London Stock Exchange abolishes its fixed scale of stockbroker's commissions, not gradually, but at a stroke. Hence the1,226 words
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Article, Illustration782 1986-10-27 10 ONE OF THE most significant effects of today's "Big Bang" has already been felt. Over the past two to three years, a number of fully-fledged financial conglomerates have emerged in the United Kingdom, in most cases centred on major banks. In addition to782 words
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Article, Illustration1068 1986-10-27 11 MARGARETA PAGANO - By MARGARETA PAGANO REGULATORY machinery which allows the City of London's markets to retain their flexibility but provides tough protection (or investors is scheduled to come into effect next year. The legislation setting it up, the Financial Services Bill, is a unique attempt to1,068 words
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Page 10 Advertisements
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Advertisement272 1986-10-27 10 WHAT BUSMESS WANTS BUSMESS GETS from ■i ROYAL S TRUST The parentOver the past 86 years, ROYAL TRUST has earned the reputation of being Canada's leading trust company, providing superior financial services to individuals and corporations. The Company's record of sustained growth and profitability stems from its success in understanding272 words
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Page 11 Advertisements
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Advertisement289 1986-10-27 11 The shape of your success may depend on your banking partner. In a world of traditional banking partners, Hongkongßank refuses to push you into the common mould. We pride ourselves on offering Corporate Services that fit your company's financial needs. As your partner in success we have so much to289 words
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INTERNATIONAL STOCKS
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Article259 1986-10-27 12 Reuter DRASTICALLY lower crude oil and natural gas prices slashed operating profits at most US-based oil companies, and oil analysts say fourth quarter results are likely to be just as depressed. The impact of sharply lower crude oil prices, which fell an average of 50Reuter - 259 words
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Article279 1986-10-27 12 OCT 25 Y«n 1660 ■10 Mrtsubahi Mrtiub EWc Mitsub Estota 900 410 1920 unch -21 unch 385 -23 MMub Haovy 406 1 895 725 1280 15 •II Mitsui 493 3 Mtfsui Shp 140 1 Am** Gk»* -40 unch -10 -60 Mitou SmaMing 297 1040 +2 630 1140 1310 -60279 words
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Article318 1986-10-27 12 Reuter STOCK PRICES inched lower on Friday in a market that was consolidating from Thursday's broad advance. With bond prices easing, and few dramatic corporate earnings reports to fuel stocks, most activity again rested with stocks associated with real or rumoured takeover activity. TheReuter - 318 words
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Article158 1986-10-27 12 OCT 24 AMfe a 24 h 4- Imp CM O A fcico 44* 17* 39* mh unch 44 St lu m 18* 4-* 14 16* DOT* NOVO XOTKJ Bonk CM MontTMl 16* 33* 36* Lobtow Co Mcml Bkf 12* 39 LT+Ct) Bp Rmoutcm Brotcan Q A CompW Lake Canodtan158 words
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Article203 1986-10-27 12 OCT 24 Trust Bk Un StMi 135 70 5 Wooftiu 1425 -25 A Alpha Aborcom ***** 260 1475 40 -5 25 Mi NMGS 6550 50 *****1 1 4800 BySoar' 2400 50 2000 -350 BuHafc 8675 -75 C G Smith 3150 50 unch 35 1900 LNA 450 ***** 4800 50203 words
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Article563 1986-10-27 12 OCT 24 US* Alcon AJurrwl Alcoa 31* 35* Ah« km AM S>g ACad Storn AfcOnAnari Am Brands he Am Con Co Am Cyorwed Am Elac Pw Am Expraaa Am Horn# Prod Am Motor* Cp Amo> Inc Amarodo Haw Amoco Corp Amr Corp A/mco tic 11 1M! I! 1563 words
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Article748 1986-10-27 12 Amsterdam OCT 24 AM n. 4-/. 535.00 +8 Am 90 70 1 7 AhoM Akxo 102.60 4-16 144.50 +0J AtaDo AMEV 151.10 -0.1 72.90 +2.2 Ann Bank 90.60 4-1.1 Am Stod I2A 30 +0.2 Baikal 35.50 +2 Bok IMdD +28 Bonumjj Buatvmon T attar Cat* 135.00 4-6 o*...748 words
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Article59 1986-10-27 12 Reuter AN announcement that Goodyear Tire and Rubber Co hired two Investment banking firms to study restructuring steps is a sign the company is worried it may have attracted a hostile raider, say analysts. Goodyear said Goldman, Sachs and Co and Dreael Bnraham Lambert Inc will studyReuter - 59 words
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Page 12 Advertisements
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Advertisement167 1986-10-27 12 c k Winere to wine, «iiae m<i entertain Jl /f=£> Cf% Qbiiia€-€fo&ena o%eatJbkthe, < tio<M w A A*. fi From October 27 to November I, bring your boss to savour our buffet spread of salads, roast meats and grilled specialities. Plus tempting desserts, all for only $25.50*. With a free167 words
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Advertisement157 1986-10-27 12 /Savour the\ /'Manhattan V Splendour' srrv A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. Hie Manhattan Splendour a superb choice at only $24.50*. Subject to 10% terrier157 words
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Advertisement180 1986-10-27 12 TIOCHEW PORRJDGT BUFFFT $5 50 cnnace h wmvr S5 aiv'hivwk/ dKf* IP" pnvml You can enjoy savoury* homrty dishes such as braised pork 9 steamed stuffed Dean curd 9 sambal brrfU f tried salted fish 9 sauteed chicken with mushroom 9 sauteed cha poh omelette 9 fned Mack pomfret n180 words
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Advertisement174 1986-10-27 12 A JUL n KAN 11 WHN v (arbl^rq 01 AT THE HERITAGE BAR For every bottle of W l M 21 years old purchased, an Elizabeth Arden Beauty Sensation Set worth $70.00 will be given free. For every bottle of wIM Deluxe 12 yrs Old Scotch purchased, an Elizabeth Arden174 words
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Advertisement132 1986-10-27 12 -*={{"@=*~/<*,[?`?".*~"<+`_<~_@ May we introduce you to a most mouth wateringiy marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good youH be tempted to tiy the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch or dinner anyday. f*132 words
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RAW MATERIALS
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Article817 1986-10-27 13 COFFEE Robusta futures last Friday closed between £85 and £60 above Thursday but below the day's highs after prices were checked by a disappointing New York market. Dealers said London was well-bought in the morning on constructive and improving technicals, with nearby moving averages set to turn upwards817 words
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Article170 1986-10-27 13 WHEAT FUTURES in Chicago traded lower most of last Friday, then rallied late to close with gains of 1-1/4 US cents per bushel in December at US$2.BB to unchanged in new crop December. Nearby December posted a 4-1/4 cent range. Late purchases by C and D Commodities found only170 words
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Article58 1986-10-27 13 RUBBER rJH Closing prices Singopor* Motoyxo S c«nu/k« M ccnWVg 187.00 232.00 188.50 233.00 188 25 232 50 187 50 232.00 187 50 231.50 B5 r KL TIN -> Dot* Oct 20 Oct 21 Closing ekkh 14 28 14.80 (tOMMt) 71. 82. Oct 22 t A. A 14.74 164' Oct58 words
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Article148 1986-10-27 13 Chimti Product Exchange Srfin' noon doting pricos on Oct 25 (S$/100 kg) Coconut oil Bufc FOB 40 00 CHd drum FOB 53.00 Now drum FOB 57.00 Copra Mixod (loose) 19 Peppef Muntok White FOB NLW 1390 00 Sarawak White FOB foq NLW 1375 00 Sarawak special black FOB148 words
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Article237 1986-10-27 13 SOYBEAN FUTURES in Chicago closed near the highs last Friday, up one US cent to 3-3/4 cents per bushel in moderately light trade. November settled at USJ4.B&-3/4 after posting a five-cent range. Trade talk soybean harvestings are reaching completion in many areas, which will limit commercial hedge pressure, allowed237 words
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381 1986-10-27 13 Reuter RENEWED CONFIDENCE in the revamped Kuala Lumpur Commodity Exchange, which trades in palm oil futures, had brought investors back, traders said. The KLCE confirmed that the fence-sitters had returned to the market. "I am absolutely certain that whatever doubts the trade hadReuter - 381 words
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542 1986-10-27 13 AFP OPEC'S DECISION to extend a curb on output until the end of this year, at the slightly higher level of 17 million barrels per day, had no more than a fleeting impact on commodity markets last week. Crude oil prices topped the US$l5AFP - 542 words
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Page 13 Advertisements
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Advertisement181 1986-10-27 13 m Witef® id win dla« agrf egntala Jj|f RQirrP Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado, Sate (Satay). spicy Rendangs. Ayam Goreng, Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other181 words
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Advertisement129 1986-10-27 13 ;-i /*ii w V- l*: "Ti. -l —•r-j.r. S* '"AiS-T> 'r < ir .?■#>! y >. f <//■* > 11 J&>\ >-! v Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. Monday to Friday $26.50 10% service charge 3% CESS $24.00 10% 3% (adult)129 words
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Advertisement140 1986-10-27 13 A real enclave where you can easily relax to the soothing music of V^im' our resident band. Drinks served include all time favourites plus some exotic concoctions. PENINSULA HOTEL LEVEL 6 a K r* B an R A' rv v. Happy Hours from 3pm to 7pm. Lounge Hours: Sun Thur:140 words
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Advertisement169 1986-10-27 13 MAGICALLY HYATT I+lsJ 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable dailv at The Lounge Chinoiserie (Members and hotel guests only) 6.30 PM 9.00 PM 8.00 PM169 words
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Advertisement95 1986-10-27 13 Peking 6 Sichuan Rmttmuranl tI H HOKKIEN-PORRIDGE UgWS DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 Dinner/Supper Time: 6pm 3am t v ft**.: /> r 5-V Y 4-4-10% service cherge A 9% government ten not included *0 cUU For all you95 words
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PERSONAL INVESTMENT
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Article, Illustration1026 1986-10-27 14 RAMESH CHANDIRAMANI - Insurance Corporation of Singapore shows promise mm wwm By RAMESH CHANDIRAMANI AFTER A DULL and reces-sion-hit period in 1965, business has begun to pick up smartly (or both the Singapore life and general insurance industries this year. One of the primary beneficiaries is likely to be1,026 words
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Article302 1986-10-27 14 NYT ALTHOUGH DOUBTS about the US economy and the deficits, both budget and trade, have cooled the ardour of many stock investors, two veteran money managers remain bullish on the large capitalisation growth companies that have led the market averages. Citing historic price-earn-ings ratios, Ralph KosmickeNYT - 302 words
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Article, Illustration341 1986-10-27 14 RAMESH CHANDIRAMANI - pf| m By RAMESH CHANDIRAMANI IN OUR SEP 15 Stock Watch column, we carried out a fundamental study and concluded that Metal Containers Ltd was poised to move back into the black in 1987. Surprisingly, however, the company actually managed to turn a profit for341 words
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Article619 1986-10-27 14 H J MAIDENBERG - By H J MAIDENBERG NYT JUST WHEN investors in stock index options thought they had enough products to choose from, the American Stock Exchange has introduced another Innovative index option. How innovative? The AMEX's new institutional index option is based on 75 stocks most widelyNYT - 619 words
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Page 14 Advertisements
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Advertisement233 1986-10-27 14 lIBIF Mr \j-* >■1 li|A ,l,.^f-vjri g ■;>-">• ,1 jwu HWetJibipc. 42, 800 l Quay/39, Circular Rd, Singapore 0104. TEL: *****22,*****06 mm NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Rothmans Industries Limited will be held at the Registered Office of the233 words
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Advertisement27 1986-10-27 14 BT welcomes investment ideas and viewpoints from brokers, bankers and readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, Singapore 0923.27 words
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Advertisement377 1986-10-27 14 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF BALZERS PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Saction 308 of tha Companies Act. Cap. 185, that tha Final Meeting of the abovenamed company will be held at 24 Raffias Place377 words
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Advertisement259 1986-10-27 14 i rrv INVESTMENTS (S) PTE LTD (In Voluntary Liquidation) At an extraordinary general meeting of Rockbridge Invest mant (8) Pta Ltd held on 20 October 1986. the following Spacial Resolution was duly pmid: That Rockbridga Investment (S) Pta Ltd be wound up voluntarily and that Messrs Roger Philip Edmonds, Jeffrey259 words
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Advertisement349 1986-10-27 14 UNION TRANSPORT A (to LljrtfrtlM) At an Extraordinary General Meeting of Union Transport L Trading Pte Ltd., duly convened and held at 102 Upper Cross Street #08-02 OG Building Singapore 0105 on the 25th October, 1966 the following Resolutions were duly passed. "That the Company be wound up voluntarily by349 words
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Advertisement262 1986-10-27 14 THE COMPANIES ACT, CAP. m LAPONE ENTEB PTE LTD At a general meeting of LAPONE ENTERPRISE PTE LTD duly convened and held on the 21st day of October, 1906 the following speelal resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section 290(1 Kb) of262 words
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MARKET REVIEWS
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Article, Illustration5324 1986-10-27 15 AMY CHEOK - I) Singapore M By AMY CHEOK THE SINGAPORE stock market moved like a yo-yo last week. There was no fresh news to excite investors, and the uncertainty surrounding the Malaysian Budget during the week was of no help either. But the market should5,324 words
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342 1986-10-27 15 ra VlAustralia M Reuter, AFP A SHARPLY WEAKER resources sector and scattered profit-taking among leading industrials dragged national share markets back from mid-week record levels. Most miners were weaker in line with falling commodity prices, especially gold miners, but the presence ofReuter,; AFP - 342 words
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Article495 1986-10-27 15 JULIANA TAY - Wnk ended Oct 24 compiled by JULIANA TAY SCRIP ISSUES Mycom: Rights issue of three-for-two at $1.50. CORPORATE DEVELOPMENTS The Stock Exchange of Singapore has written off $16.3 million, of which $13 million was a loan advanced to the failed member firm, Atfa-Pocrfic Securities Pte.495 words
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1025 1986-10-27 16 Analysts divided over prospects for US economy m m J New York If! FT LAST FRIDAY was the big night for US baseball fans as the New York Mets faced up to the Boston Red Sox in game six of theFT - 1,025 words
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587 1986-10-27 16 1 L 1 J Hongkong SHK Research THE HANG SENG Index climbed 51.18 points to 2,286.07 last week, completely wiping out the previous week's 44-point fall. The market remained volatile and rather quiet prior to the major recovery of 31 points last Friday withSHK Research - 587 words
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526 1986-10-27 16 r— i frmjl London FT "THIS IS the way the world ends, not with a bang but a whimper," so says the poet TS Eliot. Last week, the London stock market had a distinctly whimperish feel as the OldFT - 526 words
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554 1986-10-27 16 1 K.Lumpur J PLANTATION and tin stocks stole the show on the Kuala Lumpur Stock Exchange last week as the market advanced for the third consecutive week. But buying interest in the other sectors waned while counters which had risen considerably in the previous554 words
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383 1986-10-27 16 Milan BCI MILAN share prices failed to hold on to their brisk rally at the beginning of the November bourse month, ending mixed in light trading last week. A spate of small-lot selling left the BCI All-Share Index only 0.4 per cent up fromBCI - 383 words
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183 1986-10-27 16 Credit Suisse DESPITE favourable economic forecasts, the Zurich Stock Exchange failed to disentangle itself from Wall Street. After a bout of widespread profit-taking the previous Friday, prices continued to decline last week and trading volumes were light. The Credit Suisse Index closed onCredit Suisse - 183 words
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Page 15 Advertisements
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Advertisement12 1986-10-27 15 Training improves your hari •raw Let BT show you how every Wednesday.12 words
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Page 16 Advertisements
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Advertisement460 1986-10-27 16 The Mitsubishi Bank, Ltd Incorporated in Japan with Limited Liability PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 ST MARCH 1986 REPORT OF INDEPENDENT AUDITORS To the Board of Directors of The Mitsubishi Bank, Limited We have examined the accompanying Non-Consolidated Balance Sheets of The Mitsubishi Bank, Limited as460 words
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Advertisement210 1986-10-27 16 LOST SHARE CERTIFICATES The toiowing share certificates have teen reported loet, destroyed or mwtotd SRIHARTAMAS CORPORATION BHD Certificate Noe. In the Heme of No.ofSharee *****6 ChoongWengFoo 1.000 A ***** OngKokChoong 1,000 AJMOMOTO (MALAYSIA) BHD 0311 Tee TeowChong 400 Notioe is hereby given that if within 14 days from the dele210 words
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COMPANY NEWS
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Article408 1986-10-27 17 mea mm™ By HOCK LOCK SIEW LIKE THE best soap operas, events at the long running Van der Horst and Malaya Tin Printing restructuring exercise change very little, no matter when you tune in. Ever since trading in bo'h shares was suspended on July 25,By HOCK LOCK SIEW - 408 words
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391 1986-10-27 17 NAJEEB JARHOM - By NAJEEB JARHOM WITH ITS substantial holdings of the Chinese currency, Chuan Hup Marine's Australian arm is poised to enter into more Joint ventures in China as well as be a supplier of renminbi (RMB) to other foreign companies operating there. Following the391 words
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Article731 1986-10-27 17 SHARES ended the last account before today's Big Bang stock exchange deregulation lower last Friday, but above their worst levels. The FTSE 100 Index retreated 32.9 points to 1,577.1, having been as low as 1,572.5 earlier in the week. Dealers said last Friday's upturn was as a result731 words
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308 1986-10-27 17 STOCKBROKING HOUSE J Ballas k Co has received payment of $4.5 million from the sale of a block of 7.5 million shares in Grand United Holdings to Freelin Investments Pte Ltd. This follows J Ballas's decision to exercise its option to sell the308 words
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Article, Illustration599 1986-10-27 17 HOMER CHEN - New committee keen to get down to business By HOMER CHEN THE STOCK Exchange of Singapore is sending its amended Articles and Rules which were passed without revision by its members at the annual general meeting last Saturday to the Monetary Authority of599 words
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190 1986-10-27 17 GEORGE KENT (Malaysia) Bhd is acquiring a 20 per cent stake In CI Holdings for M 115.75 million cash or $1.75 per share. The vendor of the CIH shares is Vincent Tang Fook Lam, the controlling shareholder of the company. The sale190 words
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LATEST RESULTS
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Article82 1986-10-27 17 Group pre- tax profits of M 5947,245 ($866,418) on turnover of $13.46 million ($8.82 million) for the half year ended July 31, 1986. Profit attributable to shareholders amounted to $276,536 ($377,428), down 27 per cent. The group performed satisfactorily in the first half, in spite of difficult82 words
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Article62 1986-10-27 17 Group pre-tax profits of MJI.9 million ($604,000 previously) on turnover of $25.9 million for the year ended July 31, 1966. After-tax profit came to $1.5 million ($731,000) with EPS at 10 cents (four cents). A first and final dividend of five cents a share, tax exempt,62 words
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Page 17 Advertisements
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Advertisement77 1986-10-27 17 THE ASIAN WALL STREET JOl KNM. What's Ncws--Irn'» Kiw < I I'ratlr m. TO ASIAN WALL STREET JOURNAL READERS IN SINGAPORE: The Asian Wall Street Journal is pleased to announce the appointment of a new distributor in Singapore effective October 27,1986. For subscription or delivery information, please contact: Alvin Khee/Sharon77 words
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Advertisement626 1986-10-27 17 Advertisement Top U.S. workout specialist to talk on debt restructuring BRIAN A LINGARD, America's top Investment banker and highly successful workout specialist will advise on corporate debt restructuring at a top level Conference on limiting legal liabilities of accountants and auditors on 20 L 21 November, organised by OR Management626 words
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Article185 1986-10-27 18 THERE ARE MANY LEGAL as well as ethical implications associated with the realisation of a test-tube baby. President Wee Kim Wee said last night that the historic news of the birth of the first "test-tube" baby in July 1978 gave considerable hope to infertile couples.185 words
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Article99 1986-10-27 18 A DENTAL Advisory Council comprising specialists from the government, university and private sector was appointed by the ministry last month, said Dr Kwa Soon Bee yesterday. Dr Kwa, the Permanent Secretary (Health) and the director of Medical Services, said the terms of reference included advising99 words
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359 1986-10-27 18 Agencies BRITAIN'S bid for allied backing in its row with Syria over alleged involvement in terrorism is likely to dominate today's meeting of European Community (EC) foreign ministers in Luxembourg. EC diplomats yesterday said a marked reluctance to seeAgencies - 359 words
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Article163 1986-10-27 18 Reuter BANK OF AMERICA, which reduced its workforce in Singapore and Thailand last week, might cut 210 Jobs from its staff of 1,180 in Hongkong. The bank said the move, affecting both its wholesale and retail banking operations, was taken to reduce costs. The JobReuter - 163 words
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328 1986-10-27 18 Bernama SARAWAK Chief Minister Datuk Patinggi Haji Abdul Taib Mahmud said yesterday the state would be fully prepared for big-time tourism by 1988 when all the basic infrastructure for transporting and accommodating tourists was ready. He said his optimism was based on theBernama - 328 words
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Article, Illustration597 1986-10-27 18 LIM SOON NEO - Industry growth expected to exceed forecast By LIM SOON NEO SINGAPORE'S booming air cargo industry has run into a problem: there is a severe shortage of space on airlines bound for many destinations. "The space situation to Europe and the USA is extremely bad,"597 words
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153 1986-10-27 18 UPI FOREIGN MINISTER Roelof "Pik" Botha, calling South Africa's expulsion from an International Red Cross conference in Geneva "illegal", yesterday ordered 16 representatives of the organisation to leave the country as quickly as possible. Mr Botha said in a statement issued in Pretoria:UPI - 153 words
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233 1986-10-27 18 AP PRIME MINISTER Yasuhiro Nakasone told 5,300 Japanese troops yesterday that he would make every effort to build an "effective and efficient" defence capability and firmly maintain the US-Japan security system. Mr Nakasone, who is Supreme Commander of Japan's 250,000-member military, known as the self-defenceAP - 233 words
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LATE FILE
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Article42 1986-10-27 18 THE Malaysian government might consider the application by foreign companies to take over Malayan Railway if there are no local takers. However, Deputy Premier Abdul Ghafar Babe made it clear yesterday that priority would be given to local companies.42 words
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Article43 1986-10-27 18 Reuter PHILIPPINE Defence Minister Juan Ponce Enrile a critic of President Corazon Aquino's government yesterday appeared at a rally held by supporter of ousted leader Ferdinand Marcos and asked them to help the army defeat the nation's communist rebels. ReuterReuter - 43 words
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Article36 1986-10-27 18 AFP ONLY 20 per cent of Chinese cutoflitt have folly implemented recent economic reforms. A survey by China's State Economic Commission, published yesterday, shows that there Is deep-seated resistance to factory reforms.AFP - 36 words
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Article34 1986-10-27 18 Reuter ZIMBABWE will fight to the last man to prevent rightwing rebels from seizing power in liasambAque following the death of President Samara said Prime Minister Robert Mugabe yesterday. ReuterReuter - 34 words
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Article46 1986-10-27 18 Reuter TAIWAN and Canada yesterday failed to reach agreement on textile exports after two days of talks in Hongkong. The two sides are seeking an agreement governing export quotas for 1987 to 1991 to replace a five-year accord that expires this year. ReuterReuter - 46 words
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Article45 1986-10-27 18 Bernama THE 20th USNO General Assembly was told yesterday that party president Tun Datuk Haji Mustapha Datuk Harun had taken oat about Ms 4 million from his own pocket to meet die party's expenses during the 1985/96 state elections. BeraamaBernama - 45 words
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27 1986-10-27 18 Reuter SOUTH KOREA will gradually try to set up a trade office in Beijing, said Foreign Minister Choi KwangSoo yesterday. ReuterReuter - 27 words
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Article31 1986-10-27 18 AP HINDU refugees from PunJab rioted briefly in New Delhi yesterday to protest against the massacre of nine Hindus and wounding of 10 others by Sikh terrorists.AP - 31 words
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Page 18 Advertisements
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Advertisement575 1986-10-27 18 Seminar on "Gking Public via SESD4Q" Date: Friday, 21 November 1986 Time: 2.30 to 5.30 pm Venue: Hyatt Regency Singapore WHAT IS SESDAQ? SESDAQ is set up by The Stock Exchange of Singapore to provide a market in the securities of small, medium and growing companies. Entry to SESDAQ is575 words
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Advertisement153 1986-10-27 18 Get your freecippingsof BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Wearnes unit is going places 2. Lifeboat fund the direction it will take 3. Majority of financial houses stayed profitable 4. Stocks in the property sector are worth a153 words
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Page 18 Miscellaneous
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Miscellaneous24 1986-10-27 18 wmasm Outlook: OtnnK throughout l»gHt row ood Mwwt Assoootod humidity Anociotod humidity Hours of sumhin* RomfoH ill Roinfoll tlia month Romy doys this mocitl24 words
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SHIPPING TIMES
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146 1986-10-27 19 Reuter, UPI AMERICAN PRESIDENT LINES has announced plans to serve the growing Asian and North American markets by building Ave large new vessels for delivery in mid-1988. The fast, fuel-efficient ships will feature the latest in pro- pulsion systems and navigational technology, companyReuter,; UPI - 146 words
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498 1986-10-27 19 JUNE LIM - By JUNE LIM EAST GERMAN LINE DSR Lines has no immediate plans to expand its fleet. Instead it will replace older tonnages with more modern and more sophisticated tonnages, said managing director Captain H-U Zinn. The number of vessels over the last498 words
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260 1986-10-27 19 AFP HONGKONG'S troubled Tung shipping empire is likely to gain across-the-board creditor approval for its corporate restructuring plan in two weeks' time, according to shipping sources in Hongkong. The sources said last Friday that they expected the Tung shipping group's public arm,AFP - 260 words
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PORTSIDES
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Article35 1986-10-27 19 Reuter THE BAY of Bengal/Japan/Bay of Bengal conference said it will raise its bunker surcharge on shipments to Bangladesh to 11.7 per cent from 9.6 per cent on Nov 1. RenterReuter - 35 words
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Article31 1986-10-27 19 Reuter THE JAPAN/India-Pakistan-Gulf/ Japan conference on Saturday raised the extra risk insurance surcharge on shipments for Iranian/Iraqi ports to 6 per cent from 5 per cent. ReuterReuter - 31 words
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Article108 1986-10-27 19 AFP THE EUROPEAN Parliament has called for a ban on nuclear-powered ships, in the wake of the sinking of the Soviet nuclear submarine off Bermuda earlier this month. Deputies present at last Thursday's session adopted by raised hands a resolution proposed by ecologists, which said that powerlessnessAFP - 108 words
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Article116 1986-10-27 19 AFP INDIA has rejected as "baseless" a reported Pakistani allegation that New Delhi had extended port facilities to Soviet naval ships at Visakhapatnam on the eastern coast of the Bay of Bengal. "We are surprised at the baseless statement. The fact of the matter is thatAFP - 116 words
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Article1375 1986-10-27 20 MISCELLANEOUS fixing (ailed to push the London shipping freight market in either direction on Thursday. Major grain routes were not represented, but United States export activity was noted on a voyage to Egypt. Cargill fixed an Octo-ber-November loader from the US Gulf to Egypt with 33,000 tons of1,375 words
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709 1986-10-27 20 AP ANJUM SULTAN glumly watched his labourers tear apart a cargo ship with little more than their bare hands. Gangs of chanting men, shouldering slabs of iron and steel weighing up to 1.8 tonnes, staggered up the Red Sea beach. Their feet sank deepAP - 709 words
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Article690 1986-10-27 20 THREE MORE very large crude carriers were acquired by Iranian buyers in the ship sale and purchase market last week. The 284,919-dwt Berg* King, built in 1970, and the 280,476-dwt Berg* Bragd, built in 1971, were sold to Iran en bloc (or about USsl9m to USs2om. A third690 words
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Article925 1986-10-27 20 AB Shpg V 5 Accord Shpg VI 3 Ahrenktel Lmer X 1 AUtrons VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Lme V 4 APL III 2/3 ASCL HI 1 Bah-Conada Lme VI925 words
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Article176 1986-10-27 21 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 Container176 words
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141 1986-10-27 21 Seatrade Week NORWEGIAN TANKERS have halved the number of oil shipments to South Africa in the last three months compared with the previous quarter, figures from the shipowners association show. The owners are forced to publish the amount of oil shipped toSeatrade Week - 141 words
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412 1986-10-27 21 Lloyd's List AMERICAN PRESIDENT Companies reported record growth in container cargo volume in the third quarter. APC, the parent of trans-Pacific operator American President Lines, said container volume throughput rose by 30 per cent in the third quarter. While the improvement in theLloyd's List - 412 words
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Article, Illustration239 1986-10-27 21 AFTER months of design development, research and testing, container leasing company Sea Containers has introduced a new container, the reefer tank, to the market. The temperature controlled IMO type 2 tank container is designed to hold a variety of bulk liquids including perishable liquid foodstuffs239 words
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Article102 1986-10-27 21 Reuter THE INTERNATIONAL Finance Corp (IFC) will invest US$lO million in Great Eastern Shipping Co to help it modernise and expand its fleet, according to the Press Trust of India. Under an agreement to be signed soon, IFC will be allowed to buy US$2 million worth ofReuter - 102 words
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395 1986-10-27 21 KINGSLEY WOOD - By KINGSLEY WOOD THE TREND in major arterial trades towards more cohesive and commercially aggressive conferences had stimulated shipper concern to be more effective in dealing with them, the Australian Shippers' Council said in its annual review of international liner shipping. In395 words
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Article84 1986-10-27 21 SEA CLIPPER Shipping Enterprises has clarified an AFP report published in Shipping Times on Friday, headlined "Appeal for release of Singapore ship rejected". Contrary to the report, Sea Clipper said it is not in any way involved in the MV Thai Hong, which was seized by84 words
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7184 1986-10-27 26 AARHUS Ever Growth. Evergreen, Oct 27. B Suria. ScanDutcht. Oct 8. gtu He. China Ocean. Oct B Ever Greet. Evergreen. Nov 4. SelandU. ScaaDutcht, Nov 4. Energy. Yaag Ming. Nov 1 Mm*. Maerta Line. Nov I. Toyama. ScanDutch'. Nov U. gtu He,7,184 words
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Article310 1986-10-27 26 AT CONVENTIONAL WHARVES Vtfnl B«ft h Arrival D«p«rtur« KEPPEL WHARVES Cotomorco 2 Edrth Koto Berlion San Luis B'tong Bekwt Defccio L Petoling 2 Pres Taylor K16 <28 K31 K30 K25E K16 K19 KI5 alongside alongside alongside olongside 27.10/0630 27 10/1200 27.10/0600 27.10/0600 27.10/1200 27.10/1500 27.10/1500 27.10/2300 28310 words
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Article881 1986-10-27 27 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movam»nt Voy data/time Oparator cargo schadula Location Gondo Perk as Mairangi B A Princess Maiapahit New Genstars Prabhokti Louis Maersk Takari 1 B Kemunmg Tor Bay Ratu Konsort S«o Gtory N Crystal B Suria Pegasus881 words
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Page 19 Advertisements
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Advertisement628 1986-10-27 19 h.miU is < >! It M 1 )l( 1 !< t| |,il APC's record Hm in box traffic, P«g« 111 OOCL g§ (XUBlTOveiqeas LINE 1 MM 9VTW MDKXS (In M. 242RM/ 00K) 200 CMtoMmnt Road #12-05 Sovftpomt. Smjapore 020 C Tel *****11 TELEX NO RS ***** TERMMM./CFS 3200 218 TO628 words
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Advertisement68 1986-10-27 19 THREE YEARS AGO, the beach at Gadoni was the second biggest shipbreaking centre in the world. But today most of the shipbreaking yards on the beoch are empty and silent. P«g« II AMERICAN PRESIDENT Companies reported record growth in container cargo volume in the third quarter. Rag« 111 Index to68 words
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Advertisement452 1986-10-27 19 OF THE Available at all good bookshops EJ FEDERAL PUBLICATIONS Oft/ THE HEART OF THE »I;TTfT*T7I MAERSK LINE OUR CFS MAERSK CFS IS NOW LOCATED AT F2 call our CFS at naw tal. no. *****85 *****86 am Ti Cah!->:::.a US G US A-.*:.*: f.." C EAST. WEST AFRICA 6 ASIA452 words
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Page 20 Advertisements
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Advertisement184 1986-10-27 20 v C T TAT IP YAMASHITA-SHINNIHON LINE f j f J fjj TRAMS-PACIFIC SERVICES STRAITS FEEDER Pacific South Waat I Pacific North Wast Faadar at Kao I Faador at Kao Atlantic/Canada Faodar at Kao IL'TMI MIDDLE EAST Full Container Service (A member of Oasis Consortium) ra rm7 I*l. ii TRANS184 words
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Advertisement369 1986-10-27 20 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL FMNMV EXPRESS mm nooon TDJMOM EFFT N PACfIC cm PT. of LDG. IwiMin Hh» Paiajts-tfcg Teetude Fw-Pumtane-Saw OnMi-fiujis Siuecm-Hbf Ant TRANSPORT TEL: 03-*****50 MALAYSIA SON. BNO. TLX: ***** MTM Frt. Booking contact Miss Qan DATES SaM SaM 14-24/11 15-34/10 PT. KLANG 10/11 13/11 4/11 7/11369 words
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Page 21 Advertisements
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Advertisement775 1986-10-27 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited Wlif.l !S>-! joa :riKi:;ii. *Am\ STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Sparc PJOa* M tat »/10 04/11 05/11 11/U 13/11 19/11 21/11 20/11 20/11 •4/12 N/12 12/12 14/12 IS/12 21/12 21/12 21/12 #4/1 W/l775 words
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Advertisement556 1986-10-27 21 ona wtn of call omduums. mm mtow chmoh. ihomuik) Agents SEGANI Sincapore *****66 K. Limp* *****25/6/1, *****19. *****49 Booknt *****78 P Ketan( *****11 TO USA/CANADA WEEKLY FULL CONTAINER SERVICE 13/11 31/10 KM6M FOKBI ¥533 I 1 P. MCKMLEY V 165 24/10 7/11 MM V 317 NUPTSE VlO2 31/10 14/11 KANSAi556 words
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Advertisement348 1986-10-27 21 (MEMBER OF ACE CONSORUUMi COWTMP gwg TO tUMK CWHIO gg BOM MOW rrm rmm u raw* h» rt«m> m um ir CWM CONTMn 2t Oct (27 Oct) 17 Nm II Nm It Nm 22 Nm 23 Um 25 Nm PfFTUt onm 31 S* OHMTK OCF lOK Ml OMRCt 7 Oct348 words
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Page 22 Advertisements
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Advertisement363 1986-10-27 22 100 Years Liner Shipping Far East 1886-1986 FROM N CONTINENT &UK IMPORTS K S-pra MR KHH fractal Eiprtn SM CaMpeßa* SM Mr* >*T SM Mm Man SM Out* in sm ■raw bprtts 3/11 kni Ban 17/U Or M EMatffc 25/11 Hn+m Eiprtn 2C/11 •nMar 2/12 39/19 31/1* 7/11 1/11 15/11363 words
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Advertisement648 1986-10-27 22 k\=»: *Xl IH» ICS. LINE TZtA CWWMW* FULLY CONTAINERISED SERVICE TO FURORE VIA SUEZ Member ot the Ac* Consoftmcn f 111 I V CONTAINf RISFD 10 FROM NORTH AMERICA HIST COAST •ra/Mona wssfi NC 3tt/K MCTWM Ml «ch rm.it. paupnrr ssb 57i/« mm sekn 371 m 46E/KBS sc BU LA648 words
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Advertisement462 1986-10-27 22 Hai Sun Hup Co (Pte) I td TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. I \SI IKN \R lIM R. I STRAITS/ JAPAN/ STRAITS SERVICE [SPECIALIST IN RO-RO HEAVY LIFTS I Loadng at appropriated Berth P4-P5 NOTE: ALSO CALLMG OTJO JAPANESE PORTS. HONGKONG. TAIWAN I CHMESE PORTS.462 words
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Advertisement863 1986-10-27 22 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) EVER GROWTH 27/11 17/11 19/11 71/11 22/11 23/11 1/12 J/12 4/12 7/12 29/12 M/U 1/91 VII 5/91 V9l U/91 EVER ITWC M/ 19 11/11 19/11 21/11 2J/11 N/11 25/11 4/12 J/12 7/12 9/1 4/1 EVER SKIT 4/11863 words
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Page 23 Advertisements
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Advertisement617 1986-10-27 23 x PACIFIC INTERNATIONAL LINES VW\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE ?rrrt "riff 53 BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE LOADING rOW YOKO/KOB/BKK, MDOMEOiA/HKQ. SEA HAWK KOTA MMOA SEA DRAGON RED SEA/EAST AND WEST AFRICA SERVICE KARACHI/M.E. GULF617 words
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Advertisement718 1986-10-27 23 BENLINE CONTAINERS express com c*T I 4/1 1/1 I a/1 a/i a/i 27/1 a/i ■or VESSELS EXPRESS CONTWO SERVICE FROM UK/COWTKEWT HMt N'HAKNR'DAN (MM STON PUUC 5 TOM FOR FraMrirt Eapms SaM bM M M bM 21/11 M/ll MKS. TW Cardan Bay SM W bM faM IM Vll 1/11 MIC.718 words
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Advertisement343 1986-10-27 23 ta EXPRESS SEMI COMTAIRERSHIP SERVICES SINGAPORE TO EOROPE ALSO ACdTTME BOTH CONT ANSIS, PORTS, MEL IE NAME. OSLO. 0 msm COMOmONAL CARSO MA T/S TO IK l l iml DJAKARTA LLOYD INDONESIAN NATIONAL LINF ESSE il ai :Ti 14/11 R/12 15/12 20/12 CfIMUmOHM C4MO T/S TO KWTI. mi. EKA JAYA343 words
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Advertisement354 1986-10-27 23 BOUSTEAD SHIPPING AGENCIES MANLAMYABK ¥32« 11/13 No* BURMA FIVE STAR Loading for Ranfoon Spore PAobni Penanj B**fcofc a/a Od a/a od t/SNn V* BANK LINE WOWnCOUW) TO UKC STORE ROAM IVYBAfK VI7N FORTHBANK VI7N TOANA NRJGfR V 2 TAUSALA SAMOA Vt MORAYBANK V2N ROAM NULL MM 7/12 14/12 11/12 5/12354 words
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Page 24 Advertisements
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Advertisement1040 1986-10-27 24 1 USA CANADA ATLANTIC COAST (Round Tho World Srricm) K LINE KAWASAKI KISEN KAISHA, LTD. 0. MNSTO *27 VERRAZANO MO M GARNET Vt 0 FREEDOM Vll PACIFIC COAST vsi 9 n m R CRYSTAL V3tE PACIFIC SOUTH WEST I PACIFIC NORTH WEST MODO VSI A. HODGE V 4 T/S PORT1,040 words
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Advertisement559 1986-10-27 24 AUSTRALIA EXPRESS CONTAMER SERVICE Accepting FCL/FCL CiwWmh Feeder PMH| [UNI V«ud Sport Mb frei. S»dr Mm Acctp OWOOAS V 22 8 No. 22 No. 31 Rm 29 No* ASd/Bro ESTECIIPPtR y« 4 No« MBWJAS V3l 19 No. 6OkU Ok 12 Ok A4M/Brn CM ABM V3O No. RAMOAS VH 1? Ok559 words
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Advertisement730 1986-10-27 24 STRAITS/PERSIAN GULF SERVICE: eOLKN MMVESI CalM*o/Mra<*i/Mnc*/D*« SOLDO! WO Cotomto M»tm GOUXH KM SMofh* tWiMnpio GOLDEN LINE GUAM SUM SWTK (TIE) LTD 23, Tto» k*rm Stoat ww«m tel uum (tiUB) >. Mat tnuirc. kM 4/t to» 1/U Na illJ.l. 1 J3 i Sflvt Kvadi Sfcvuli Dhhnm Iml LHGQUMK 21/11 22/11 27/lt730 words
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Advertisement334 1986-10-27 24 IMTRASEA (PTE) ITO 10 Anson Mo 3d c 27 1 Internet S'nqapore 0207 Tel 22-JbSii 1 s <► BREAKBUIK SERVICE TO EUROPE/UK j fpn r. Mag Lh*« tar.QUEEN HK923 11/11 t/11 ROT/Kff/KIfMT/W M 24 2/11 am I'fi PHUH RON SHIPPING AGENCILS Pit i PHIL I OP If NT I INF334 words
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Page 25 Advertisements
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Advertisement947 1986-10-27 25 Id No OHtce *****77 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIS PTE. LTD. fl EU MSI TPA/SEA TruM Ch 800KMCS *****77 *****43 *****42 *****22 *****43 *****4? 0* MfCI IMS *****U *****14 77*111 NEPIVC SON. MS MW' *****45 *****53 344?«?t NEPUK SON. M> 2485/71 *****M/*****34 NEPIH SON. M. *****9'42M35'42 7448/*****1/*****7 FAR EAST/EUROPE947 words
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Advertisement443 1986-10-27 25 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON spom »G»NIS NfPTIJNF 4GINCITS PTF I TO I*l ?/***** ?7854t4 fßootmfs) ???7MO (Opff jlKHttl ????*»> ??09?84 (IrriMnal) ??0?4b0 ??0?S04 (CIS) MtllTSlt •■J NTS IIIHAS Sin* SON BHfl M in ?/40M« ?:m<a PK M 36*0470 twos**443 words
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Advertisement493 1986-10-27 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUIDM6 55, Market Street Snfipore 0104 Tet *****33 (IS Urns) Ti Cable Address SMSOV SMGAPORE Tetei timbers RS ***** RS ***** RS ***** Office: *****41/2 r KELMK M/S SHARKAT NAN SOON SON. MB. IST AND 2ND FLOOR. NO 1 JALAN CEMPENMG. PORT493 words
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Advertisement47 1986-10-27 25 Vfi/.s/if/v Lh\p: JAPAH HONCRONC STRAirt DANG IMHUGM V.M SM SSO MMU NO I 2tA SM GALAXY V-1A 25/11 »/l« General &r»ey far MV ta« MaMfai V.M Mf Cm Man Hi. I ¥.2tt k« Md an 2t.10.tt and 30.11.K at G4n K2Q Iran 0900-12* In There j ■TT!47 words
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Page 26 Advertisements
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Advertisement353 1986-10-27 26 (QUI REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL 21-25/10 29-29/10 Sat 1-1/11 HZS2IEBZH BCT l"'!,* KT7TI Brm r?m m i FTTTI ■ET3 EdM rvnrr TTT77T kv 11-19/11 THAILAND in i i fTTW rwznzawMrsM I II I I Ml I I i Ml UliM PTTI EgiMrajnimi rjTir-mnTTTTii MALACCA353 words
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Page 26 Miscellaneous
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Miscellaneous160 1986-10-27 26 I Regional Weather *1 K ■r- r 4 y m m mi »> 'jr SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING vrW«*J d»e< »>ori w<th speed m knoll *o>f hr^hi LEGEND R Thiriderstorm Temperoti*e Shower WeotHer _y Wind tVK»»ori nWt ipwd >n knots Rom Cloudy Sky w160 words
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Page 27 Advertisements
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Advertisement161 1986-10-27 27 [jEURORA EXPRESS PTE LTD f* m-tm (3 tMS) Ik: ***** GUMCO Gni SINGAPORE *****11 (12 Lines) TELEX: RS ***** FRTMAN BANGKOK *****94-5 TELEX: ***** CFI TH PORT KELANG 03-*****07/8 TELEX: MA ***** FLEKUL m MBC AGENOES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****M/*****56/*****4J/*****93 *****11/4 TERMMAL161 words
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Advertisement210 1986-10-27 27 BOMBAY KARACHI CALCUTTA MADRAS FCL/LCL TEL: *****02, *****5* TLX; R*****0 j-FRATE SHIPPING SERVICES 100 UPPER CROSS STREET #08-08 OG BtRUMNO SINGAPORE 0108 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: STORE PT KELANG LOADMG FOR MV SOUTHGATE Sailed Sailed Sete/ VO-1 Rott/ Ant w/ UK (Til) •VO-2 15/11 18/11210 words
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Advertisement462 1986-10-27 27 CORMORANT BULK CARRIERS > VANCOUVER B.C. CANADA MDOKSU/ USA MO CANADA NEST COAST COMOTKMAL SWACE iommb for iMcoina IC antm w (t SMMA WCTORI 11-12/12 IVM/12 21 23/12 OHO 10MMK rain SUBKCT ■OUCMIT ■OOHSIA/ (OA CONKMTKMAI sonnet 10ADBK F0» MADRAS tMUM BQMAT SUM ODOR KM m KLA r* *cto«t+ im/ii462 words
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Advertisement271 1986-10-27 27 > C A/C LINES *1 V WEEKLY FCL LCL CONTAINER SERVICE STOtt KUO LUN6 V6lO 2/11 TE LAN V 603 9/11 KUO HSOJNG VCII 19/11 TM) YUAN VMM 20/11 BKK NRG KAO m MB NO) MB 4/11 9/11 11/11 12/11 10/11 17/11 11/11 12/11 17/11 19/11 21/11 24/11 25/11 21/11271 words
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Advertisement201 1986-10-27 27 GLORY NAVIGATION i Jt-:.i»- uTAIWAN TO SH6APORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENAN6 •AT ATTRACTIVE RATES* vmtmm 6. SELATAN B* 35 hNrtC SELATAN M «4i 31/11 i/U 6 SELATAN M <47 3/11 5/11 T" 31/11 VII 7/11 W a i" OCEAN MR ftMWC COW PTE LTD *****11 (5 UNES)/*****49201 words
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Page 28 Advertisements
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Advertisement516 1986-10-27 28 f jy FCL ft LCI HONGKONG/CHMA SYD/MEL/BMS/ADEL USA/CANADA PORTS NEK ZEALAND PORTS EUROPE/UK PORTS JAPAN/TAIN AN PORT ETA 31/11 1/11 15/11 11/11 24/11 11/12 31/11 11/11 27/11 2/11 9/11 IC/U J/11 22/11 7/12 3/11 14/11 24/11 30/11 1/11 13/11 1/11 15/11 22/11 5/11 lt/11 2C/11 B.itter, He,id aO" OH 0516 words
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Advertisement403 1986-10-27 28 HEAP SENG TRADING SHIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MILE TOWER TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HEAPCO FULL CONTAINER SERVICE TO MUD 71/29 OCT 1/ 2 NOV 5 NOV NOV 10/11 NOV nans vm oct OCT 2/ 3 NOV 5/ I NOV J/10 NOV403 words
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Advertisement618 1986-10-27 28 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAROISED SERVICE TO EUROPE (Vl* SUEZ) CHOW CONTUtR V37W OMENTU CMIF ttl* KOMM lACEM VXD KETTU* cuniM mm IcMjrif (1m filovt H'bw| In* Mm 17/11 IS/11 lt/11 M/ll 23/11 2S/H 74/11 75,11 K/U 21/11 JO/11 2/12618 words
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Advertisement723 1986-10-27 28 5 COMPANA PERUANA DE VAPOREES (CJ>.V.) 5 V 0 "PERUVIAN STATE LINE" 9| lM**l toe Catao Mat»m »o «nd othr P*f»»i»i pom wtt tramtapMwrt *t Kate K On CPV Tbroufti Bits ot la*«t lo t«* (testatum M Pwunf* P. Kdani MURRATEWRETT THOMASEVEKTT HUOCVEKTT Stopper* 21/29 Oct 7/1 Nn 11/20 Nn723 words
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Advertisement225 1986-10-27 28 ZIM nil CONTMO SERVICE FCI/ICI art** to «A E«* A Hail Cwt CvrMwanXnt Caufc mi HMD ViiM rrtrn m eiat contamer line eth *11 w *ce its vi TUNC HN NO 2 1/11 IC/U m STOUT z/ll 11/11 21/11 22/11 2VU 27/11 21/11 M iwsn 11/11 2/12 C/ 12 1/12225 words
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