The Business Times, 4 December 1986

Total Pages: 30
1 30 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, DECEMBER 4, 198€ 75 CENTS
    12 words
  • 225 1 STOCK MARKET THE BUOYANCY seen in the market on Tuesday failed to follow through yesterday, with prices closing mixed after a day of moderately heavy trading. The Straits Times Industrial Index gained 5.27 points to close at 888.81. The BT Composite Index rose 2.24 points to close
    225 words
  • 523 1  -  By JEFFREY TSANG A COMPUTER SOFTWARE development financing scheme, a programme to help small companies computerise and joint ventures between research institutions and industry are to be included in the national information technology (IT) plan. The master plan involving both the
    523 words
  • 111 1 Reuter BANK OF AMERICA NT and SA will close eight of its 11 retail branches in Hongkong on Dec 27, in a move to cut costs. Area general manager Stephen Hunt said in a statement in Hongkong yesterday that customer accounts would be transferred
    Reuter  -  111 words
  • 603 1  -  Board to focus on developing export of services By BOEY KIT YIN INCREASING CONFIDENCE over export prospects has led the Trade Development Board to intensify its marketing programme next year. It will focus on developing exports of services and making Singapore an international trading
    603 words
  • 268 1 THE STRONG GROWTH in nonoil domestic exports in the first 10 months this year was fuelled by increased demand in five markets the US. Japan, Hongkong, China and India. A rise in orders from these markets provided the impetus to a
    268 words
  • 85 1 Reuter THE YEN is not particularly weak against the mark. Bank of Japan governor Satoshi Sumita said yesterday. However, the yen is weakening against European currencies, so the bank needs to pay more attention than it has done, he told reporters in Tokyo. He
    Reuter  -  85 words
  • 244 1 Reuter PRESIDENT RONALD REAGAN, saying that he was concerned about the US trade deficit, yesterday called on Taiwan to open its markets wider to American goods. In a message to a US-Taiwan business conference in Taipei, he said that Washington also wanted
    Reuter  -  244 words
  • 387 1 MBT, Bernama ES THE TIME has come for Malaysia to make a fundamental reappraisal of its aviation policy and give notice to Singapore to terminate the existing Air Services Agreement, according to Malaysian Trade and Industry Minister Tengku Razaleigh Hamzah. "I wish to
    MBT,; Bernama ES  -  387 words
  • 127 1 SINGAPORE has not received from the Malaysian government any notice to terminate the bilateral Air Services Agreement (ASA). Officials of the Ministry of Foreign Affairs and the Civil Aviation Authority of Singapore said yesterday that they had not heard
    127 words
  • Page 1 Advertisements
    • 180 1 Ultra. It'll change the way you play. Sol« Distributor ROOUSPOfiVNGHOUSt Tel: *****55 Get the most competitive rates on fixed deposits and savings accounts at UMBC FIXED DEPOSITS 1 month (minimum $5,000) 3 months 6 months 9 months iiii'iili tilL.lt) •CIZLUJ I ii.ni 12 months For amounts over $1004)00, please caK
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    • 292 1 New centre offers alternative THE AMBITION of the newly-set up Electronics Industries Training Centre (Elite) is to offer the industry's 37,000 production workers an alternative route to acquiring skills. But Elite will be different from the other 11 trade/ industry-sponsored training centres. Full report on Page 12. SHARE MONEY ft
      292 words
    • 13 1 Bator says US apandhtg daAdt wHI fad, Paga Mora Malaysian stories, Back Paga
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    • 139 1 SONY SONY SINGAPORE PTE LTD Sales Department Tel: *****44 Service Department Tel: 4721 111 Q IWIIA AJkik Kln/tAAt ndpUDIIC mui Dtgg^Sl exporter iinong d#wlop* log ttttM, Pag* 4 Shipping Times comes at a separata section today. Maka sura you get your copy. r *Y > •"> V L For only
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  • Page 2 Advertisements
    • 250 2 For this Financial Director 8% was the last straw. Every business big or small knows that for we've operations in 36 countries and an interest rates can make or break them. But trusting to luck that the rate won't go the wrong way can leave you in a very risky
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  • HOME NEWS
    • 662 3  -  By LIM SOON NEO TELECOMS has unveiled a package of rate revisions, effective from Jan 1 next year, which will offer more cheer to the public than the business community. On the telecommunications side, the good news is a 13
      662 words
    • 585 3  -  This Is the second portion of the third Instalment in the series on how to get onto the Stock Exchange of Singapore Dealing and Automated Quotation System (SESDAQ). The five-part series Is written by NING C S de GUZMAN, the executive director of
      585 words
    • 389 3  -  By GOH YEE LING A MILLION-DOLLAR Electronics Industries Training Centre (Elite) is to be established to train rank and file workers from the electronics industry. The training will begin next month. The centre will be funded largely by the Skills Development Fund and
      389 words
    • 552 4  -  Fifth biggest exporter among developing countries By LOH HUI YIN SINGAPORE accounted for 8 per cent of the manufactured goods sold by developing countries last year, according to the 1985/86 report issued by the General Agreement on Tariffs and Trade. This made the Republic
      552 words
    • 270 4 \TWO JAPANESE printing experts >*ill visit Singapore later this tfnonth to help the local industry Upgrade and beef up its exports. The experts, arriving on the Dec 15, will spend about one week visiting nine small- and medium-sized local printing companies selected by
      270 words
    • 299 4  -  By RICHARD SEAH KODAK PICTURES are now cheaper by a third, following the launch of a new chain of mini-photo finishing laboratories offering quality prints at competitive rates. The changes confirmed a BT report on Tuesday that Kodak would lower its prices
      299 words
    • 187 4 BURMESE Construction Minister Major General Myint Lwin and a sevenmember delegation arrived in Singapore yesterday on a five-day official visit, while Singapore's First Deputy Prime Minister Goh Chok Tong flew off for Rangoon. Major General Myint Lwin begins his visit today by meeting Acting Di-rector-General of
      187 words
    • 72 4 SCOTCH WHISKY maker Shieling, along with 15 other companies, is part of a trade mission from central England which arrives in Singapore on Monday The 16-member mission from Wolverhampton will be looking for buyers for a wide range of products. including semi-fin-ished components for
      72 words
    • 382 4 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Dec 15-17 Volue Added Workshop National National *****66 Productivity Productivity Board Board Dec 17 How to Export Your World Trode Trode Development *****60 Products Under the Centre Board GSP and the APTA Dec 17-Computer-Aided PCB Singapore Singapore *****88 Jon 31 Design
      382 words
  • Page 3 Advertisements
    • 83 3 mPeninsula Pfazai Office Shopping Complex The facilities of a city centre yours as a tenant PENINSULA PIAZA lEXCELSCH PENWSU> I HOTEL HOTEL I Peninsula Plaza, Peninsula Hotel and Excelsior Hotel, the important real estate developments at North Bridge Road/Coleman Street, now pool ppmimqi ii a rlrv resources t0 provide tenants
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    • 289 3 On great little helpers From one Chief Executive to another v- I ii .fe'i i Ht >• i\ v^i K v\. il) i. 4, J m > I run, what you would call, a global gifts-and-greeting company (we're a bit older than Hallmark). 1 4 ho-ho' all the way from
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    • 6 3 Elite plugs •ivctronlcs gap, Pag* 12
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  • Page 4 Advertisements
    • 262 4 Take a GIANT step with ff you are searching for the right AT compatible and the most reliable one, then we are confident that your search will lead you to the Mitac CompuTitan. It is a powerful machine that has the full range of AT features. •'IBM PC/AT Compatible 640K8
      262 words
    • 128 4 MONTBLANC THE ART OF WRITING „MEISTERSTUCK" the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from the piston-filling system to the 14-carat gold nib and the gold-plated fittings. The MEISTERSTUCK is
      128 words

  • 774 5 ARRIVALS Operator Sorvic* Local From numbor time OA OA472 0015 SYD/MEL UA UA805 0010 SFO/HKG SIA SQ11 0125 LAX/NUT SU SQ416 0655 DAC/CCU MAS MH681 0820 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950 KUL AC AC858 0950 YYZ/lHt/BOM CPA CX710 1015 CGK
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  • ASIA-PACIFIC
    • 160 5 AFP INDIA is expected to spend about 31 billion rupees (more than US$2 billion) more on defence in the coming financial year. Announcing development plan projections for the year 1997-66 in Parliament, Finance Minister Vishwanath Pratap Singh said the compulsions of geopolitical climate had made
      AFP  -  160 words
    • 411 5 Reuter, UPI STANDARD AND POOR S, the private debt rating firm, has lowered its rating of the debt securities of Australia and New Zealand, citing economic setbacks and debt problems in both countries. The company said in New York on Tuesday that
      Reuter,; UPI  -  411 words
    • 339 5 FT A SERIES of moves in the past few days suggests that the liberalisation of Japan's financial markets is gathering pace. The indications are that restrictions on both the short-term money markets and the corporate bond markets could soon be eased. The Bank of Japan,
      FT  -  339 words
    • 82 5 UPI THAI Prime Minister Prem Tinsulanonda, concerned by the rapid destruction of Thailand's forests, has ordered a shakeup of the Forestry Department. A government spokesman yesterday said Mr Prem ordered the changes at a Cabinet meeting on Tuesday saying that the Forestry Department had failed
      UPI  -  82 words
  • Page 5 Advertisements
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    • 45 5 I^v M A T li n y j t t/M:« Jftff -«4 ~j e* wr f v "N N* Vfc M w *Y/ V\ 4 v.. 3ss»* Seductively Smooth Mysteriously Mellow. Gloriously Golden. Who can resist the magic of Camus XO Cognac? THE SENSUAL SPIRIT
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  • REST OF THE WORLD
    • 366 6 AFP US ANALYSTS believe the 0.6 per cent October increase in the US composite index of leading economic indicators announced yesterday is not substantial enough to herald a sharp increase in economic activity over the next few months. The October figure, announced on
      AFP  -  366 words
    • 360 6 Reuter US TREASURY SECRETARY James Baker is confident that the federal spending deficit will shrink to US$l7O billion in fiscal 1987, representing 3.7 per cent of America's gross national product, due in part to increased foreign trade. "I'm not ready to say we've
      Reuter  -  360 words
    • 552 6 NYT THERE IS D COMPOSE, whose external rib cage opens to reveal squishy red entrails. There is Slobulus, a bouncing head with an eye dangling from its socket. There are pet rats and the slime pit, as
      NYT  -  552 words
    • 185 6 Reuter WESTERN government aid to developing countries rose by 2 per cent last year to nearly US$3O billion, but that increase was only half the average of the previous five years, aid officials said. The slower growth rate is likely to continue until 1990, the
      Reuter  -  185 words
    • 129 6 Reuter THE GREENPEACE environmental pressure group said on Tuesday that it had started selling a pollution detection kit to enable people to check whether toxic substances are present in their food or the environment. A spokeswoman tor the Swiss branch of Greenpeace told reporters that
      Reuter  -  129 words
    • 356 6 AP BRITAIN should eliminate all nuclear weapons from its arsenal because they are too costly and impractical for defending Europe, according to Labour Party leader Neil Kinnock. He blamed "delusions of grandeur" by government officials for plans to upgrade the country's
      AP  -  356 words
    • 264 6 UPI COMMUNIST PARTY leader Fidel Castro has warned Cubans that they will have to pull in their belts even tighter because of a severe shortage of hard currency. Mr Castro told the closing session of the Cuban Communist Party's Third Congress that
      UPI  -  264 words
    • 218 6 Reuter WHITE MOTHERS yesterday appealed to President P W Botha to free thousands of black children they say are being held in South African jails. The Black Sash civil rights women's group voted at a public meeting to campaign for the freeing of the children
      Reuter  -  218 words
    • 463 6 FT NIGEL LAWSON, the UK Chancellor of the Exchequer, said on Tuesday that neither devaluation nor protectionism were options to improve Britain's trade position and the government was now committed to maintaining a firm exchange rate for the pound. In a speech
      FT  -  463 words
    • 165 6 AFP THE UNEMPLOYED who pick up part-time jobs without informing the taxman are working "busily and justifiably in the black economy,'' Lord Scarman, the retired law lord, said on Monday. "I would rather people worked in the black economy than did nothing," said Lord
      AFP  -  165 words
  • Page 6 Advertisements
    • 283 6 IE CS December 3-7 1986, World Trade Centre A new experience awaits you at SINGAPORE INFORMATICS'B6, the most important IT exhibition to be held in the Republic An extraordinary range of sophisticated IT products and services is on display from over 250 companies representing 22 countries worldwide. The list of
      283 words
    • 147 6 GRI-LA INTERNATIONAL A-N-G 5a T A first class notel at an affordable price. The Shangri-La Inn Penang brings to the heart of Georgetown a standard of service never before seen in Penang. Its 426 guestrooms and 16 suites feature the finest in amenities. And heing centrally located in the heart
      147 words
  • Page 6 Miscellaneous
    • 31 6 Doonesbury H I=3 y r» Sffi! 1 J^l J iy BY GARRY TRUDEAU UH...UJELLAS A MATTER OF ma, IPO. dUT THERE'S HO WAY HE'P.. rOU KNOtU ANYTKADSRSOH THEsmer, r< m* W
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  • WORLD BACKGROUND
    • 729 7 Reuter CHINA, which a decade ago prided itself on economic self-reliance, is increasing its foreign debt rapidly in the rush to fulfill ambitious modernisation plans and make up for a shortage of domestic capital. Western bankers and diplomats estimate that China will
      Reuter  -  729 words
    • 583 7 AFP NORTH KOREA, amid calls for reform from the Soviet Union and the opening up of China, has been forced to open cautiously its own doors to the West to help improve its reeling economy. The exercise began a couple of years
      AFP  -  583 words
    • 609 7 AFP AMEENA BEE was like any normal Indian housewife, her world revolving around her husband and children, till two years ago when a poison gas leak devastated Bhopal and nearly drove her insane. Her husband and two grown-up sons died in the disaster that
      AFP  -  609 words
  • Page 7 Advertisements
    • 38 7 Let's get vou the Best Deal i OffkeSt^t a r jt, *r>rv Widest selection of quality properties for rent and sale Jones Lang Wootton 532 3888 iy/|swir International Property Consultants Real Estate Aqents Valuers Auctioneers Proier.t Property Managers
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    • 198 7 Thai's European Express *u ■<r zpir^0 m bm Ri« K^Uls 1 I' i r-; u- K ■r 'd %P~r. *.-Sr. i •V ISI STOP We call it the European Express because we have cut over two and half hours, that's about l ,000 miles of flying, from our route to
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  • BANKING AND FINANCE
    • 444 8 Worst is over, say analysts Reuter THE US DOLLAR seems to have weathered the worst of the initial storm over the secret US arms deal with Iran, but it could come under renewed pressure if the scandal is allowed to fester, according to some
      Reuter  -  444 words
    • 248 8 Reuter THE BUNDESBANK must maintain the flexibility to make domestic monetary decisions in order to avoid resparking inflation, in spite of Germany's interdependence with other nations, board member Leonhard Qleske said. He told bankers in West -Berlin yesterday: "Although the monetary policy of a country
      Reuter  -  248 words
    • 163 8 Reuter THE CHICAGO Mercantile Exchange has been granted approval to trade a futures contract on the Australian dollar. The Commodity Futures Trading Commission (CFTC) unanimously approved the Chicago Exchange's request, strengthening the position of the "Merc'' as the leading US exchange for
      Reuter  -  163 words
  • Page 8 Advertisements
    • 481 8 advertisement BUSINESS TIMES, Thursday, December 4,198€ LONDON Mjg NOVE^ COFFEE Robusta futures continued to drift lower during a shortened afternoon session on Tuesday, ending near the day's lows with losses of £100 to £45 a tonne. Dealers said that market sentiment was dampened by overnight news the Brazilian IBC was
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  • MONEY AND EXCHANGES
    • 609 9 MARCH Eurodollars opened at 94.08 and gapped up from its previous close of 94.01. The market ignored the high Fed funds rate as buying interest was prompted by technical breakout in the US T-Bond futures, stable dollar and weak commodity prices. Prices showed upward bias but has nearterm resistance
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    • 234 9 HONGKONG: Gold closed weaker and near the day's low in fairly hectic trading as selling pressure mounted amid pessimistic sentiment. The metal ended at U*****.70/U*****.20 an ounce against New York's US$3BB.BO/U*****.30 close and the U*****.30/80 finish here on Tuesday. On the local market the tael closed HK$B9 lower
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    • 335 9 ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading. Activity was slow in the afternoon as most operators stayed on the sidelines due to the absence of fresh factors. Short-dates firmed between 1/8 and 3/16 point at the outset. They were unchanged in subsequent
      335 words
    • 174 9 Interbank rates at 3pm yesterday: Currandaa Mwntnai rata* MMm BM OSar mm party Chang* Local dollars to ano ontt of foreign currency. US dollar 2.1900 2.1910 2.8196 -22.33 S«*i»>g pound 3.1284 3.1320 7.3469 -5742 Australian dollar 1.4256 1.4285 3.4286 -58.42 NZ doNor 1.1092 1.1119 3.4286 -6745 Canadian dollar
      174 words
    • Article, Illustration
      115 9 THE OVERNIGHT rate on the Singapore interbank market closed at 2 1/2 per cent yesterday, down one point from Tuesday. Indicates the aver ago of the prime lending rates of 12 major banks In Singapore S$ Interbank rates at 7pm yesterday: OH* Nd OwrigM 3 1/3 3 1/4
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    • 825 9 SINGAPORE: The US dollar yesterday closed slightly higher against major currencies on European short covering in moderate late trading. But its sentiment remained bearish because of continued concern over the Iran-arms-sale scandal and a sluggish US economy. It ended higher at 162.10/20 yen against 161.90/162 yen in New
      825 words
  • Page 9 Advertisements
    • 300 9 A/O I piOC But the quality of our printers speaks volumes. JL U 1 IVA rCr For complete information on the most advanced printers in the industry, including our new FX-1 OCX) and FX-800, call our dealers below. FX-800 FX-1000 Output Voltage Variations with Reactive Loads Ajn/^hni^r k :-«r fXI
      300 words

  • Page 10 Advertisements
    • 1943 10 Gerald genta 0 k-J> 'ZA2 Right of fancy the Eaglt dock A horse for the cause PWi:' The Classic Gerald L Genta I' if-*™ till i %'W W j Five Continents watch, equipped with one quartz movement but giving the time of five illc* different V countries Steel t Gold
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  • FEATURES
    • 565 12 WITH ANY PROJECT, it is very gratifying to be within budget and ahead of schedule, and particularly so when it is a massive construction project where there are a potential million and one reasons for delays and cost overruns. Which is why the Mass
      565 words
    • 1185 12  -  Skills programmes aim at 37,000 production workers From a modest start in the mid-sixties, the electronics industry has grown by leaps and bounds both in terms of the number of investments and the production technology. However, there has not been a parallel upgrading in the
      Source: Elite  -  1,185 words
    • 364 12 Letter to the Editor DEAR SIR, I would like to compliment BT on the article by Loretta McLaughlan titled "Full diecloeure key to protection" (BT Nov 26. 1966). As a small investor, I have taken a personal interest in getting some listed companies to disclose material
      364 words
  • Page 12 Advertisements
    • 390 12 lije seam Official Entry Form BT/DHL "Know the Business" Contest Ql Who is the franchise bolder of McDonald's in Singapore? Al Q2 Which locally-based tycoon recently came to the rescue of a London bank and was rewarded with a seat on its board? A 2 1 OJ Who was the
      390 words
    • 43 12 BT wokomea letters front r##d#ri. Your lattara must Includo your algnatura, full nam*, iddrm, and homo and offlco totephone numbers, If any. You may add a peeudonymn, H you wlah. Addraaa your lO« Tho Editor, Bualnoaa Tlmos, 390, Kim Song Road, Singapore 0923.
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  • Page 12 Miscellaneous
    • 647 12 ui r*A ACROSS 1 See lights aometimea put on car wheels (6) 7 Weary of the tour diet possibly (5. 3) 8 One from s fountain of refreshment? (4) 10 Be rsrs. perhaps, as a supporter (6) 11 Dog presenting s puzzle? (6) 14 What you pay for an outside
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  • SPORTS
    • 115 13 Reuter IVAN LENDL received a US$BOO,OOO cheque in New York on Tuesday for finishing first in the Grand Prix singles bonus pool to become the first male player to exceed US$lO million in official career prize-money earnings. Lendl, the top seed in the season-ending Masters tennis
      Reuter  -  115 words
    • 195 13 Reuter ARGENTINA'S Gabriela Sabatini overwhelmed Maria Lindstrom of Sweden 6-2 6-2 on Tuesday to reach the third round of the US$5O,OOO Argentine Women's Open tennis tournament. The 16-year-old top seed played a comfortable, baseline game and was never seriously threatened by the unseeded
      Reuter  -  195 words
    • 92 13 Reuter WORLD number three Stuart Davenport of New Zealand was knocked out of the Al Falaj Squash Grand Prix quarter-finals on Tuesday by Pakistani veteran Qamar Zaman. Davenport attempted to get back into the match in Muscat after winning the second game but missed
      Reuter  -  92 words
    • 639 13 AP GRAND PRIX track and field meets can be very lucrative paydays for athletes. American athletes and even some foreigners living in the United States can put their earnings into The Athletics Congress's Tactrust, a system of keeping track and field athletes from
      AP  -  639 words
    • 804 13  -  By BRIAN MILLER IT IS January 1985. This is the Hongkong Marathon and the Chinese in the colony are rooting for a hometown winner. With five Kilometres to go, it looks like this one big wish will be granted. Zhu Shuchun, the crowd
      804 words
    • 423 13 AFP LIVERPOOL ended speculation about the future of its Welsh striker lan Rush on Tuesday when it was confirmed he will play for Italian giants Juventus next season. The prolific scorer had thrown the situation into confusion by saying he had changed
      AFP  -  423 words
    • 211 13 Reuter JAPAN'S Tsuyoshi Hamada retained his World Boxing Council (WBC) super-lightweight title on Tuesday but only on a majority points decision over American Ronnie Shields. It was the first defence by Hamada who had won 19 of his previous 21 fights inside the distance. Hamada had
      Reuter  -  211 words
    • 399 13 AFP HIGH WINDS dumped sails and sailors into the sea in America's Cup challenge racing yesterday. America II lost a man overboard and the race to rival US syndicate Stars and Stripes by 13 minutes 4 seconds after trailing from ths start.
      AFP  -  399 words
  • Page 13 Advertisements
    • 235 13 CORUM svmss t m m Si r. U UaaVTi 4 V IM' Admiral's Cup by Coram quartz watch handcrafted for those who take the helm. Enamelled nautical pennants marking the hours drew the dial overall and accurately signal the time even 100 feet down. With a tang of the sea
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  • Page 13 Miscellaneous
    • 1350 13 Ban Kingalay In tha tTOa role of tho beloved leader, with Rohlnl Hattangady aa hla wife B 5 PM SBC Text Sample Pages. Opening and Programme Highlights followed by Home is where Love Is (C). Musical Interlude (C). Curiosity Show. Sunshine Factory. Randall and Hopkirk (r). Programme Highlights. Perspective (M).
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  • INTERNATIONAL STOCKS
    • 221 14 UPI MEDIA MAGNATE Rupert Murdoch s News Corp has made a Asl.9 billion takeover bid for the Mel-bourne-based Herald and Weekly Times group (HWT). News Corp made the bid in late morning trading yesterday and gave the HWT directors until 5 pm yesterday to accept
      UPI  -  221 words
    • 188 14 Reuter A PARTNERSHIP led by T Boone Pickens has confirmed it would make an unsolicited US$2 billion offer for Diamond Shamrock Corp, an oil and gas producer. A spokesman for the partnership, Andrew Craig of Mesa Petroleum Co, said yesterday the Pickens partnership
      Reuter  -  188 words
    • 346 14 Reuter WALL STREET stocks staged a broad advance to close at a new record on Tuesday. The Dow Jones Industrial Average rose 43.03 to 1,955.57. It was the third biggest one day gain in the market s history. The NYSE Composite rose 2.70
      Reuter  -  346 words
    • 121 14 d«c ts Abttibi C 26* Imp Oil Cl a Int Prov Pipa lu Infl 47* 17* 39% 20% unch unch 41% ie%B 11% -14 11% 17 McMil Bldl 41% 32% 23 37'/. 36 26% Moor* Corp 29% Noranda In 21 Northgala Exp 6% -X Pancan Pat 25'/. unch Canadian
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    • 203 14 DCC K RAMD Truat Bk Un Staal 137 60 unch unch Wooltru 1000 MMMTMALS A Alpha 1400 330 30 Anglo* 6900 -75 A«Ci 1450 unch unch Angvaal *****6 500 Amaprop AMIC 4750 Butt alt 6725 -175 1900 -40 1775 CO Smith 3000 4200 290S 1175 unch Currla Flni inca
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    • 487 14 DEC n US b Engainard Cp 30 V, N L Induat 4% 70 ♦1% A lean Alumin 30* 36% 1* 1 Firaatona Tlra Fluor Cp FMC Cp 28 V. 12* 23* H Natl Dial Cham Navistar NCR Corp 46% 40% unch 1% Alltad Stfl Alliad StorM 40% 88%
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    • 636 14 Amsterdam dec n FL9 ABN 562 SO 2.5 89 90 19 AhoM ***** 0 7 162 90 1.7 140 90 -01 AMEV 75 00 04 94 90 0 3 Am Stad 126 SO 05 Barkal 24 SO -J BOLS 173 30 03 143 1 Buahrman TaOaroda 229 Calv*
      636 words
    • 175 14 Reuter A SUMMONS has been served on former Morgan Grenfell Securities director Geoffrey Collier alleging offences connected with dealings in the shares of AE PLC, an engineering firm. In a statement released yesterday, Corporate and Consumer Affairs Minister Michael Howard said now that
      Reuter  -  175 words
  • Page 14 Advertisements
    • 633 14 -r.-, s? is T x s> &3§ «s Is ii=P The Drums Roll and A Special Ceremony takes place at 8.15pm every Thursday... The Executive Chef will then ceremonially carve a succulent roast, done to a turn on the one and only roasting spit in town. Treat yourself to a
      633 words
    • 134 14 May we introduce you to a most mouth wateringly marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good you'll be tempted to try the rest of our 230 Sichuan dishes. Now that's a sobering thought. Come for lunch or 38 dinner anyday. CRs*jwn
      134 words

  • ASIAN STOCKS
    • 384 15 HONGKONG: Share prices closed steady yesterday in heavy trading, amid strong demand from overseas institutions but steady selling by local investors. The Hang Seng Index ended the day up 1.80 at another high of 2,460.00, erasing a record of 2,458.20 set on Tuesday. The Hong Kong Index rose 2.37
      384 words
    • 240 15 Dec M All Sinew* Indus WT 1 85 27 50 -001 0.1, Koiin Kuochan Dav Laa Chang Yuan 24.80 21 00 29 50 unch -0.1 0 5 33 50 0.2 20 30 -03 Chang Hwa Bank 30 70 26 80 -0.1 0.1 Nan Ya Plaa Pacific Cona 34 50
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    • 382 15 TOKYO: Stocks surged broadly higher in active trading yesterday following Wall Street's confident advance to record levels. The market average climbed 264.09 to close at 18,455.06. Institutional buying boosted volume to one billion shares. The last time volume reached one billion was Oct 1. Advances led declines two to
      382 words
    • 87 15 DEC 03 pesos Oriental B Phil Oviruti 0 025 0 031 0 001 unch Aco|a Mining. Anglo Phil Phi lax B 038 Apax Mining B Atlaa Con B 0 025 23 unch unci) Picop B PLOT 270 89 50 -225 +1 5 0 006 -0 0005 0 018 -0
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    • 436 15 SYDNEY: Australian share markets closed stronger yesterday, pushed up by news of a Asl.9 billion takeover bid for Herald and Weekly Times by News Corp. At the close of trading, the All Ordinaries Index had risen 8.7 to 1,385.5 and the All Industrials had gained 14.3 to 2,198.8. The
      436 words
    • 122 15 occ n i VON Kai 1310 -65 Chatl Sugar 1790 14 Kangwon Ind 1007 1821 -20 .09 Daailm Ind 560 2000 -90 D«*woo Corp 1170 -50 Kotm Long T#rm 1300 -60 Lucky Lid 1800 -60 Oatshin SacurtOaa 3720 -150 Oriental Bftwtry 1330 -30 Dong Ah Ptv«r 832 -0 Oriental
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    • 159 15 Reuter BANGKOK: The Stock Exchange of Thailand Index was up 1.36 to 191.15. Turnover totalled 1,417.157 shares worth 189.5 million baht. DEC n BAMT Ao Kham Thai +b Slam Citizana Siam Citizen* Laaaing auep map Ayudhya Inveetment Bangkok Agro-lnd Bangkok Bank 210 47 50 200 2 1.25 >4 Siam
      Reuter  -  159 words
    • 42 15 Reuter KOKUSAI SECURITIES Co has opened an office in Beijing, the sixth Japanese securities house to do so. The five already established there are Nomura Securities, Daiwa Securities. Yamaichi Securities, Nikko Securities and Nippon Kangyo Kakumaru Securities
      Reuter  -  42 words
    • 518 15 NYT TWO MAJOR Japanese companies, Fuji Heavy Industries and Isuzu Motors Ltd, have announced plans to build a US$5OO million car and lorry assembly plant in what is now mostly cornfields near Lafayette, Indiana, in the US. The new
      NYT  -  518 words
    • 54 15 Reuter SEVEN international oil companies have made bids to explore off India's coast on a production sharing basis, Petroleum Ministry officials said. The seven companies are International Resources. Chevron-Texa-co and Amoco of the US, Dutch Shell, Britoil, International Petroleum Corporation from Dubai and Broken Hill
      Reuter  -  54 words
    • 64 15 AP THAI BOTTLERS of Coca-Cola and Pepsi-Cola are accusing each other of hiding away each other's empty bottles. Pairoj Rattakul, the chairman in the south for Haad Thip Co Ltd, the Coke bottler, accused his rivals on Tuesday of trying to keep Coke off
      AP  -  64 words
    • 145 15 UPI NEC CORP, a major Japanese electronics company, has agreed with an American concern and a French company to launch the world s first multi-national computer venture for design, production, sales and maintenance service worldwide. The company said a memorandum of understanding
      UPI  -  145 words
    • 110 15 Bernama SABAH Foundation and KTS Sdn Bhd of Sarawak have signed letters of intent to establish timber trading with two large timber complexes in Tianjin and Guangzhou in China. Sabah Foundation director Dr Jeffrey Kitingan, who headed the Timber Association of Sabah (TAS) delegation to a
      Bernama  -  110 words
  • Page 15 Advertisements
    • 524 15 ma »:v;*-v j-V <tt tS'*l» r ssfe' > »[*B pw H I Us ifip Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3—6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream,
      524 words
    • 150 15 Most Popular Qhow Band from BUFFET SNACKS Eat all you can plus first drink SB.so++ spm Bpm V ■a Singapore's very own Slim Whitman with country favourites and Happy Hours: 12 noon 7pm Buy one A get one free. Premium Brands bottle ratea 25% off. CAIRNHIU. HOTEL 19 Cairn hill
      150 words

  • RAW MATERIALS
    • 159 16 THE MALAYSIAN crude palm oil market closed mixed yesterday in spite of some late light profittaking in thin, dull trading. The market was depressed by the continued absence of overseas enquiries. Interest was again concentrated in Dec with south easing M 52.50 to M 5722.50 while north rose
      159 words
    • 78 16 OIL PRODUCTS THE MARKET was generally quiet in light trading with some business done within quoted ranges. All products were stable. Closing prices for crude (FOB origin) US$/barrel Change Dubai (Dec) 13.85 0.10 WT1, West Texas Intermediate, (Jan) 15.28 -0.05 Closing prices for products (FOB Singapore) US$/barrel Change Kerosene 20.75
      78 words
    • 83 16 THE PRICE OF TIN on the Kuala Lumpur Tin Market yesterday rose one cent to close at M 517.00 per kilo on sustained strong demand. The bullish market continued to move higher after a further rise on the European spot market and continuing shortages of
      83 words
    • 239 16 SINGAPORE The market closed higher with Jan One RSS buyers quoted at 178.75 cents/kilo, up 2.50 cents from Tuesday. Speculative buying following news of Soviet Union enquiries for top grade rubber in Malaysia helped prices to rise 1.75 cents in quiet morning trading. Prices gained further ground in quiet
      239 words
    • 18 16 Clodng pric*t on D«c 3 KL TIN (M$/kg) Prk* 17.00 up 0.01 Turnover (toon«: t) 105 down 23
      18 words
    • 281 16 RAS prices m t cmMo, fob In i»i« 1 NOON CLOSE ftuyon Soilon 8uyor» Sellers Int 1 RSS Prompt 179.00 180.00N 180.00 181.00N Int 1 RSS Jon 87 177.50 178.00 178.75 179.25 Int 1 RSS Feb ***** 178.00 178.75 179.25 Int 2 RSS OP 175.00 177.00N 175
      281 words
    • 90 16 lc«ot»/kg, 1-ton pal JAN 87 FtB 87 (currant month) (forword month) NOON NOON RAS luyari Sfiffi kr*n S>fcn SSI 30 16® .50 170 JON 169 JO 171 JON ssi so 166 JO 16I.50N 167 JO 169JON MRELB i tor*" t H«n fciywi S>l»n SMt CV 375-50 277JON
      90 words
    • 66 16 Bangkok (USS/toon*. FOB) White Rice 100% l«f dot. 100% 2nd dati 100% 3rd dan 5% 10% 15% 250 215 210 200 195 190 Broken Rice A-l Super A-1 Special c-l Special C-1 Ord Loonzain Rice 100% 1*» grade 100% 2nd grade 100% 3rd grade Parboiled Rice 123 120 iffiq
      66 words
    • 136 16 Chinese Produce Exchange S#H#n noon doting pricot on Doc 3 (SS/VOO kg). Coconut oil Mk FOt 66.00 Otd drum FOt 76.00 Now drum FOt 86.00 totwtfa 20/25% FOt NSW Nutmeg 110 FOt NSW twr FOt NSW Gambler FOt NSW 520.00 1405.00 1289.00 330.00 Copra Mlx«<J (loonl Popper Muntok
      136 words
    • 154 16 WHEAT FUTURES on the Chicago Board of Trade rebounded slightly from the midsession lows to close mostly down in light trade on Tuesday, ranging from off 3-3/4 US cents per bushel in spot to up 1/2 cent in new crop December. Trade talk that farmers will quickly redeem PIK
      154 words
    • 186 16 SOYBEAN FUTURES on the Chicago Board of Trade closed 2-3/4 to 1-1/4 US cents per bushel lower in light trade on Tuesday. January settled at US$5.O2. near the midpoint in a narrow 2-3/4 cent range. Weakness in soybean oil, precious metals and European currencies kept soybeans on the defensive
      186 words
    • 1149 16 COFFEE Robusta futures eased in late trading on Tuesday but closed the afternoon call £39 to £55 above Monday's finish, supported by roaster and technical buying in a temporarily oversold market. Roaster price fixing and general short covering boosted values for much of the session, but the influence
      1,149 words
  • Page 16 Advertisements
    • 1103 16 Vvc COMMONWEALTH BANK OF AUSTRALIA AND SUBSIDIARIES Annual Report for the Year Ended 30th June 1986 Consolidated Balance Sheet as at 30 June 1986 Consolidated Profits and Appropriations for year ended 30 June 1986 Liabilities Capital (Note 17) Reserves and unappropriated profits (Note 4) Capital, reserves and unappropriated profits Minority
      1,103 words
    • 78 16 Choose from Kampachi s exquisite KAMPAcffr Japanese Set Lunches Japanese Restaurant jfo lofty prices and unfamiliar assortment of \apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of lapanese lunches. Priced at only $16++ per set, they are
      78 words

  • SHARE INFORMATION
    • 4099 17 THE Singapore stock market closed mixed yesterday after profit-taking in the last hour pared earlier gains. The mixed close was not reflected in the Straits Times Industrial Index which gained 5.27 points to close at 888.81. The BT Composite Index rose 2.24
      4,099 words
    • 249 17 SINGAPORE Rise* Indtcas Oemingi ICS 610 775 440 20 15 14 »T Cowpodn Dk 2 781.23 Ok 3 783.47 •romot 8T Indicator ***************7 •no -M0 10 9 •T 08/0S -160 •111 C*r«bot 50« 412 laUmi ">*0 •T CADI 8TO8V -6730 9M75 -6750 -***** Spar* Iw Prima 400
      249 words
    • 3106 17 810 snd offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday wrtti the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,106 words
    • 311 17 KE8ANQ CORPORATION Beriiad: 25th AGM at the Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur on Monday, Dec 8, at 10am. SEAL INCORPORATED Berhad: 24th AGM at Site No.30, Tasek Drive, Tasek Industrial Estate, Ipoh, Perak, Malaysia on Monday, Dec 8, at 2.30pm. CHUAN
      311 words
  • Page 17 Advertisements

  • COMPANY NEWS
    • 560 18 MBT ARAB-MALAYSIAN Merchant Bank (AMMB). the largest merchant bank in terms of assets and earnings, is expected to spearhead Antah Holdings's thrust into finance an area which offers stable long-term growth. Antah and the Tokai Bank of Japan are acquiring a 20 per
      MBT  -  560 words
    • 431 18 THE LACK of fol-low-through support caused share prices to close mixed to slightly easier on the Kuala Lumpur stock market yesterday, although selective blue chips were able to finish with moderate gains. The firmer close of component stocks lifted the New
      431 words
    • 817 18 Reuter WORRIES about the Ivan Boesky scandal and the trend to volatile stock markets will probably dominate conversation at the annual meeting of the Securities Industry Association (SIA) in Florida this week, but realisation that 1986 has been another profitable year will do
      Reuter  -  817 words
    • 1990 18 INDUSTRIALS AJkiomoto (2906 3045) Alcom (74 58 765) ID 795 16) 79 (3) 78 IS 77 ID 76 5 (31 74.5 ID 74 111 75 15) 76 AISB (625) ID 60 ID 61 cd API (555) (3) 52 ID 51 5 12) 51 (10 54
      1,990 words
    • 118 18 HONGKONG Hongkong Index Wednesday 1564 74 i Tuesday *****7 Week ago *****4 Hang Seng Index Wednesday *****0* 1 Tuesday 2456 20 Week ogo 2377 71 All Industrials Wednesday ***** Tuesday 2184 5 Week ogo 2169.3 NEW YORK Dow Jones Tuesday *****7* Monday *****4 Week ogo 1912 12 TOKYO
      118 words
    • 244 18 Monagers' prices MARA-Bumiputra for Dec 4 first B'putro 519 524 Second B'putra 472 477 Singapore Unit Trust Third 6 putra fourth B'putra fifth B'putra 373 4 18 269 378 423 2 74 The Commerce 088 095 T *>« SavnQs Fund 080 086 S«Kth B'putra 2 75 280 Spore
      244 words
    • 333 19 FORMER PAN-ELECTRIC Industries director Tan Kok Liang who walked out of court a free man last month is facing a second law suit from a bank. Merchant bank N M Rothschild Sons is suing Mr Tan for $483,600. A few days after he
      333 words
    • 396 19 MBT THE KUALA LUMPUR High Court will decide on Monday whether to allow a stay of an order obtained by Permodalan MBF on Nov 20. Mr Justice V C George deferred his decision yesterday after hearing further arguments from
      MBT  -  396 words
    • LATEST RESULTS
      • 170 19 Group pre-tax profits of M 511.32 million (M 536.83 million) for the year ended March 31, 1986. The combined export and local turnover for AMDB (excluding the merchant banking arm) amounted to $97.53 million ($105.62 million). Earnings per share (pre-tax) works out to 2.1 cents (seven cents).
        170 words
      • 119 19 Pre-tax profit of M 5395,993 (M 5291,081) for the year ended Aug 30, 1966, on a turnover of $1.24 million ($1.19 million). Net profit attributable to shareholders work out to $294,111 ($202,031) with earnings per share at 24 cents (15 cents). The company managed to
        119 words
    • 166 19 HONGKONG TIN Corp (M) Bhd has proposed a first and final dividend of 5 per cent less tax for the year ended June 30, 1966, for approval at its coming AGM. The dividend is payable on Jan 16 next year to shareholders registered on Dec 23 this year.
      166 words
    • 858 19 STOCKS opened mixed in quiet trading yesterday in spite of a massive 43-point rise to record levels on Wall Street overnight. At 0915 GMT, the FTSE 100 was down 0.7 at 1,624.8. On Tuesday, the FTSE 100 index ended the trading day at 1625.5, up 7.7 points from
      858 words
    • 257 19  -  By LORETTA McLAUGHLAN PRIMA LTD, the flour milling company which suffered a $10.8 million problem with forward contracts in its last financial year, has obtained an inter-locu-tory (not final) judgment for damages to be assessed in its case against City Securities and its five directors.
      257 words
    • 365 19  -  By ELAINE KOH THE NEWLY-APPOINTED liquidators of the Wannian group are making renewed efforts to sell the flagship Furama Hotel by placing advertisements in major newspapers in the region yesterday. With the current oversupply of hotels, the 24-storey Furama Hotel is likely to
      365 words
  • Page 18 Advertisements
    • 301 18 IF YOU WANT TO GIT AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business They're already reacting to the latest developments before others are even aware of them They read The Asian Wall Street Journal All the business news you need. Every business
      301 words
    • 140 18 FOR YOUR RENEWAL REQUIREMENTS OR IMMEDIATE SUBSCRIPTION TO THE ASIAN WALL STREET JOURNAL Ring: *****13/*****04 KELVIN HAN DAK MARKETING SERVICES PTE LTD (Authorised Subscription Agent) COMING HOME. Coming home means returning to a relaxed atmosphere. And being showered with the comforts you're accustomed to. It's enjoying TV or a video
      140 words

  • Page 19 Advertisements
    • 330 19 NOTICES NOTICE DIVERSEY (FAR EAST) PTE LTD Please be informed that the following are no longer with the company and are not authorised to transact any business and/or collect any monies on our behalf:Last Position Chester Chai Chung Ching Managing Director Chan Kah Khiong Technical Director Choo Jee lim Joseph
      330 words
    • 48 19 CORRIGENDUM RE: ADVERTISEMENT ON 9/U/M REGARDING PROPOSAL TO CHANGE OP SHIP'S NAME The proposed change of ship's name is not "NORASIA CARSTEN" as advertised but should read as "NORASIA KARSTEN" Any Inconvenience caused Is regretted. Dated at Singapore, this 4th day of December, 1986 Hapag-Lloyd International Pte. Ltd.
      48 words
    • 115 19 m »u V a S*. >* <« A >;., :>■ fc> At last, a premiere western restaurant like none other in Singapore. Classic, elegant and prestigious. The perfect atmosphere and mood to enhance your dining and entertainment. And for that romantic dinner interlude, our resident pianist provides the soothing sounds.
      115 words

  • 478 20 G-14 wants private sector to play bigger part in economic activities Bernama SOME MEMBERS of the Group of Fourteen, which was set up to study Asean economic cooperation and integration, have proposed that there should be less government interference in the economic affairs of
    Bernama  -  478 words
  • 142 20 UPI ASEAN should have a common currency for trade among member countries. Thai Foreign Minister Siddhi Savetsila said yesterday. "Trade among Asean countries has amounted to only 17 per cent to 18 per cent of trade in the region because we have
    UPI  -  142 words
  • 296 20 SHARES in Standard Chartered Bank plunged 34 pence to 784 pence on the London Stock Exchange yesterday morning on reports that a Department of Trade and Industry inquiry, into dealings in the shares of Standard Chartered Bank, could be pending. It is being widely
    296 words
  • 406 20 AP AMERICAN ENTREPRENEUR Dr Armand Hammer, flanked by representatives from some of the world's leading banks, yesterday signed an agreement for a US$475 million syndicated loan to finance China's largest coal mine. The loan, the largest ever signed by China for
    AP  -  406 words
  • 289 20 AP IRAQI OIL MINISTER Qassem Taqi said yesterday that a US$lB---barrel oil price sought by Saudi Arabia and other Opec producers could only be sustained if the cartel's leaders agreed to cut back production when they meet in Geneva on Dec
    AP  -  289 words
  • 41 20 TALKS with five Burmese ministers and other senior officials in Rangoon marked the start of First Deputy Prime Minister Goh Chok Tong's five-day visit to Burma yesterday. The talks focused mainly on matters related to agriculture and fisheries.
    41 words
  • 127 20 Reuter THREE SIKHS convicted of killing Indian Prime Minister Indira Gandhi in 1984 were yesterday ordered by Delhi High Court to hang in a decision likely to spur further sectarian violence in tense northern India. Three judges rejected appeals against the death sentences, handed
    Reuter  -  127 words
  • 337 20  -  By CHUANG PECK MING WORKERS APPEAR KEEN to pick up new skills. Most of those signing up for the January 1967 intake of the new Modular Skills Training (Most) programme are paying their own way in spite of the existence of two sponsorship
    337 words
  • 215 20 AFP PHILIPPINE PRESIDENT Corazon Aquino yesterday replaced Local Governments Minister Aquilino Pimentel, but resisted pressure to remove her controversial ally from the Cabinet altogether. Mr Pimentel has been appointed the President's "Adviser on National Affairs with the rank of Cabinet Minister", President Aquino
    AFP  -  215 words
  • 96 20 AP WEST GERMANY'S unemployment rate rose to 8.3 per cent in November from 8.1 per cent in October, reflecting a slowdown in economic growth, the Federal Labour Office said yesterday. "The improvement in the economy continues to be evident, but appears now to be levelling
    AP  -  96 words
  • 80 20 AP A BRITISH politician who is campaigning for restrictions on Japanese car imports into the European Community is having to explain why he has bought himself a new Toyota. Peter Beazley, a Conservative Party member of the European Parliament, says he had his heart set
    AP  -  80 words
  • LATE FILE
    • 47 20 Bernama MALAYSIA will not SMk any more foreign loans for development projects or other expenditure this year. Deputy Finance Minister Datuk Sabbaruddin Chik said yesterday. He said Malaysia's last syndicated loan of US$5OO million from various sources was obtained in September.
      Bernama  -  47 words
    • 51 20 Reuter INDONESIA'S trade surplus widened to a provisional US$lB4.B million in September from US$2l.4 million in August but narrowed from U*****.2 million in September 1985. Information Minister Harmoko yesterday said provisional figures showed Indonesia exported goods worth US$l.l billion in September compared with imports of US$9l4
      Reuter  -  51 words
    • 70 20 Reuter CHINA made its first comment yesterday on Soviet leader Mikhail Gorbachev's visit to India last week, saying Moscow should act to rid Asia of "hot spots" if it wanted to make the continent more secure. A Foreign Ministry spokesman in Beijing said the Soviet Union
      Reuter  -  70 words
    • 50 20 UPI THE MAJOR South Korean oppoeition party, the New Korea Democratic Party, yesterday said it will engage the government in a nationwide showdown of force next week by staging rallies in Seoul and other major cities to push constitutional revision for direct presidential elections. UPI
      UPI  -  50 words
    • 42 20 UPI EXILED Taiwanese dissident leader Hsu Hsin-Liang, who has spent four days trying to return home for weekend elections, flew back to Tokyo yesterday from Manila a day after he was barred from entering his country. UPI
      UPI  -  42 words
    • 35 20 AP IRISH Republican Army fugitives Gerard Kelly and Brendan McFarlane left the Netherlands for Britain yesterday after they lost an elev-enth-hour lawsuit to postpone their extradition, a prosecutor said in Amsterdam. AP
      AP  -  35 words
    • 39 20 Reuter BANGLADESHI President Hossain Mohammad Ershad yesterday urged the Commonwealth to take a united stand against South Africa's apartheid policy in a speech at a conference of senior Commonwealth officials in Dhaka. Reuter
      Reuter  -  39 words
  • 253 20 Bernama, UPI MALAYSIAN Deputy Prime Minister Ghafar Baba yesterday reassured the people that the government will not abuse the Official Secrets Act when it is amended by Parliament. He said in Kuala Lumpur that the government does not have the power to
    Bernama, UPI  -  253 words
  • 350 20 Bernama JOHOR MENTRI BESAR Haji Muhyiddin Mohamad Yasain has rejected a proposal that the State government increase the premiums for land reserved for the Singapore government for its water pipeline. Though the move would increase revenue for the State, it could not
    Bernama  -  350 words
  • 141 20 Bernama THE DEATH toll in Trengganu from either drowning in floodwaters or flood-related incidents has climbed to 10 following the drowning of two boys. The latest victims are 15-year-old Maliki Abdullah from Kampung Kebul Air in Manir. who drowned on Tuesday, and
    Bernama  -  141 words
  • Page 20 Advertisements
    • 266 20 Nature Pollen Fomes Japonica Undertaken by our agricultural plant KAILONG ENTERPRISE CORPORATION P 0 BOX 3306 TAIPEI. TAIWAN, ROC TELEX ***** TAHLIE CABLE HUILIYCEA' TAIPEI MANAGEMENT DEVELOPMENT PROGRAMME January February, 1987 No. Coarse Title Date 1. The Secretary in Management Jan 8-9 2. Career Planning Workshop Jan 12-16 3. Effective
      266 words
    • 227 20 Never before has there been such an investment opportunity in real estate. Only eleven residences. Each with a distinct architectural variation. The land title is freehold. *9>t ritM •n* •4* Situated in Dalvey Estate, adjacent to Nassim Road. The properties are of two and three storeys. With a built-up area
      227 words
  • Page 20 Miscellaneous
    • 31 20 mtTfiliii Report tof 24 hours 7.90pm on Doe 3 at ths Maximum tamporatura Associated humidity Hours oi sunshine Hslnlai In mllllmaApaa naVTniii in iviVVIIVTWU^w Rainfall Ms month niiny aiyv vnn mornn
      31 words

  • SHIPPING TIMES
    • 166 21 Seatrade Week. SEA WIND Navigation Co, a major Filipino operator, appears headed for deeper trouble with the Philippine Maritime Industry Authority over its bareboat chartering practices. Marina officials are now investigating the company, following reports that one of its bareboated vessels, Sea
      Seatrade Week.  -  166 words
    • 140 21 Reuter BOMBAY'S Indira Docks are now tidal as the port authorities have removed the two lockgates for repairs. A spokesman for the Indian National Shipowners' Association (INSA) said deep draught vessels will be unable to enter the docks as the water level will fall by 1.2
      Reuter  -  140 words
    • 355 21  -  By SHAHRIR ARIFF ANOTHER shipping company is joining the Singapore-Bangla-desh route this month to complement its existing services. Uni-Ocean Lines recently bought a 340-TEU vessel for this service. The vessel, renamed Liyang, will begin sailing to the Bangladeshi ports of Chittagong and Chalna from Dec
      355 words
    • 372 21 Bernama PORT KELANG has handled its largest single shipment of palm kernel expellers so far when 36,000 tonnes were loaded onto the Tirol at the north port between Sep 22 and Sep 27 this year. A Kelang Port Authority spokesman said
      Bernama  -  372 words
    • PORTSIDES
      • 108 21 AFP A WEEK-LONG STRIKE by dockers in Papeete. Tahiti, was joined yesterday by coasters which are the main supply lifeline for outlying islands and atolls in French Polynesia. In Papeete itself, some staple goods are now in short supply. Public anger is mounting over the
        AFP  -  108 words
      • 60 21 THE VILLE DE JUPITER will call at Singapore tomorrow to inaugurate the Far East-Europe service of Compagnie Maritime d'Affretement (CMA). The fortnightly service will be maintained by six new German-built ships of 1,600 TEUs. Ports served include Hamburg, Felixstowe. Rotterdam, Antwerp. Le Havre,
        60 words
      • 94 21 AFP THE ASIAN DEVELOPMENT BANK (ADB) has approved a US$53 million loan to support a marine science education project in South Korea. The project, worth a total US$92 million, is designed to boost the Korean marine resources management capability through the upgrading of marine sciences education
        AFP  -  94 words
    • 732 22 AP SAILORS on the high seas face dangers apart from the elements. Scientists say the seamen risk serious illness from asbestos, a cancer-causing agent used throughout many ships. New scientific research, presented recently at an industrial safety conference in Bologna, Italy, indicates seamen around
      AP  -  732 words
    • 210 22 Reuter SAUDI ARABIA has invited shipbuilders in Europe to submit bids for the construction of et least six submarines for its navy, according to government sources in Bonn. They said the submarine project was part of a larger deal, worth US$3
      Reuter  -  210 words
    • 138 22 AP THE FIRST OFFICER of a Taiwanese fishing boat was airlifted to shore by a South African air force helicopter after being stabbed in the face by the ship's cook, the South African air force said on Tuesday. The officer, Shuh LinLuo,
      AP  -  138 words
    • 702 22 AB Shpg V 5 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 ASCI III 1 Bolt-Conoda line VII 4/5 Bolt-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben line Cont V
      702 words
    • 1135 22 THERE was little chartering on the major grain routes in the London shipping freights market on Tuesday. and most centered in the time-charter sector. The latter included two vessels booked by Mitsui OSK. the 24,747 dwt Serafim at U553,050 per day for delivery in the AntwerpHamburg range, trip
      1,135 words
    • 208 23 CargoNews Asia PHASE ONE of the Aomi Cargo Distribution Centre (ACDC). currently being constructed on Aomi Island in Tokyo Bay. is due to be opened in October 1987. This was announced by Shiro Takashima, chief executive officer of the ACDC Co Ltd,
      CargoNews Asia  -  208 words
    • 111 23 Reuter THE EAST ASIATIC Co Ltd A/S said in a third-quarter 1986 report that it expects post-tax profits from its stake in its EAC Group unit of not less than 250 million crowns against 201 million crowns last year. It said its result for the
      Reuter  -  111 words
    • 85 23 PATRICK LIM has been appointed country manager, Malaysia, of American President Lines Based in Kuala Lumpur. Mr Lim will have overall responsibility for APL's sales, administration and operations in Malaysia. He was previously branch manager. Port Kelang, of Boustead Shipping Agencies Sdn Bhd, which serves as APL's
      85 words
    • 333 23 Lloyd's List MALTA is to build eight timber carriers worth a total of US$l4O million under a new four-year trade accord with the Soviet Union. The contract is a repeat of an earlier series of eight similar vessels currently being built by
      Lloyd's List  -  333 words
    • 180 23 THE DANISH Shipowners' Association has allowed rig owners into its membership. Lloyd's List reports that in a measure aimed at boosting declining membership, the association announced in Copenhagen that it would work on behalf of foreign registered ships owned by Danish companies It
      180 words
    • 501 23 Fairplay. NORTH GERMAN SHIPYARDS Ho-warldtswerke-Deutsche Werft in Kiel and Bremer Vulkan in Bremen are getting cash injections totalling at least Dm2oo million (U5599.6 million) mainly from the Bonn government to secure major new work. At the same time, and despite the
      Fairplay.  -  501 words
    • 180 23 SULZER 6RTA62 lowspeed diesel engines have been ordered (or another two 1,740-TEU containerships recently contracted at the Kiel shipyard of Howaldt-swerke-Deutsche Werft for Norasia Shipping Services. These ships are repeats of the Norasia Pearl which entered service in May this year and
      180 words
    • 251 23 Australia Nov 17 Brisbane: Normal operation. Melbourne: Normal operation. Sydney: Normal operation. Bangladesh Nov 17 Chalna: 15 vessels operating; Chittagong: 20 vessels operating. Brazil Nov 17 Santos: Waiting time up to 3 weeks. Cameroon Nov 17 Douala: Normal operation. Canada Nov 17 Vancouver (British Columbia): 25 vessels operating.
      251 words
    • 179 23 Seatrade Week A STAGGERING lack of response from oil majors, traders, tanker owners and brokers is blamed for the demise of the Biffex Tanker Contract, where futures trading ceased recently with November/ December contracts closing out on Dec 19. Although the tanker index
      Seatrade Week  -  179 words
    • 8129 28 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.
      8,129 words
    • 577 30 AT CONVENTIONAL WHARVES 1 > w 1 Agent Arrival Departure KEPPEL WHARVES Arrow Prince K18 Bokke Sime olongside 04 12/1700 Bongo Setawor K20 NTYSS alongside 04 12/1500 Feng too K33 Y Fung alongside 04 12/1500 Jologopol K15 Straits Tpt alongside 04 12/2300 Koto fofu K32 Pit alongside
      577 words
    • 852 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy data/tim« Operator cargo achadula Location Ever Ocean OQQE 04.12.86 1800 G Asio F5A 0800-1000 17 N Jasper 21W 04 1286 1800 NAPt F5A 0600-1000 84 Otoko B 74/506 04.12.86 2000 Mansfield F5A 1000-1100/1100-1200
      852 words
    • 129 30 Area/Port Viscosity Density Watsr CSTstSOC Q/ML st 15C Volume 0/0 Africa/Red Sea Jeddah 73/184 0.936/0.985 0.1/1.6 Durban 102/187 0.979/0.994 0.0/0.6 Arabian Gulf Ras Tonura 118/177 0.945/0.950 0.0/0.1 Bahrain 182/186 0.973/0.974 0.1/0.1 Europa Rotterdam 25/422 0.950/1.016 0.0/0.9 Hamburg 57/379 0.948/0.991 0.0/0.6 Le Havre 159/389 0.968/0.987 0.0/0.6 Genoa
      129 words
  • Page 21 Advertisements
    • 697 21 lI.IDIIhts «>1 !t IM' 1 )k I i< ti i,u\ WW/ o*|entovhq«s Cmtumn Line NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING) h) 11 CHTON m NTC m ACE CONCORD 7 7/12 2/1 14/1 15/1 17/1 19/1 OCEAN LEGEM) 5 14/12 7/1 19/1 21/1 23/1 25/1 INK 5 24/12 17/1
      697 words
    • 74 21 [KMDB NEW SCIENTIFIC RESEARCH, presented recently at an Industrial safety conference In Bologna, Italy, indicates seamen around the world are exposed to high levels of asbestos. P»g« II MALTA is to build eight timber carriers worth a total of US$ 140 million under a new four-year trade accord with the
      74 words
    • 826 21 F Yhe Available at all good bookshops THE HEART OF THE DRAGON MAERSK LINE /4? W/ FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS §ING A PORE/BAHRAIN 10 DAYS INGAPORE/KUWAIT 11 DAYS 11 DAYS To California US Gulf US Atlantic Eas' Canada •Support CJomh Tom *CT 9/12
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  • Page 22 Advertisements
    • 445 22 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MNTERRANEAN AND EUROPE ALSO ARABIAN GULF AND NNNAN SUB CONTMENT 26/12 25/12 ALE HflTB MILE K URCURE KILE H URANUS Mm carp I* aO UK ieshubom Scandium (Aarkus, C«»rtHfi». and ether I Mm Keeping Fa Carj« I*
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    • 355 22 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL* 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement. Singapore Agent Goodrich Maritime Pte Ltd. Tel: *****35 Tlx: RS ***** GRMSIN TO: PANAMA k mwm 11/12 11-11/12 lf/12 24/12 25-21/12 1/1 11/1
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  • Page 23 Advertisements
    • 841 23 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited CONTAINtRSHF SERVICE TO UK/CONTMENT: Abo Accepting Cargo For: Ha*wt X Aartoa Gottrtwt Stoddwfen. Heta Rotterdam to Antwerp Amsterdam. (Mi flrnintum to Bremen Southampton to a 8 UK irt—. Mat mi DuMfc (CONTAINERSHIP SERVICE
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    • 762 23 Franco Belgian Services A* .r I«f tr,n, h >,r, ,ih H, t K ,n (~r/ in. (MEMBER OF ACE CONSORTIUM) CHARGEURS HAVRAISE MFDEX LINE Am (MEB CLUB MEMBER) i«:: ir, ii ir, :»«or aonTTTT |»:<:;if.'. an i i»:iu r; SfNGAPORF FNOUIPIFS *****44 CFS *****41 FAX *****51 Optorg Shipping Pte. Ltd
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  • Page 24 Advertisements
    • 293 24 ,100 Years Liner Shipping Far East 7 1886-1986 Z_ u Hapag-Lloyd TO CONTINENT/UK EXPORTS TO EUROPE/MED ROM N. CONTINENT &UK IMPORTS •Agents SEGANI *****66 K Lumptv *****25 *****78 P KeUnt 36X7318 *****00 CFS *****50 *****48 Petunf *****7. *****2 *****33 *****3 INTERNATIONAL FREIGHT forwarders CONSOLIDATION SERVICE WEEKLY Singapore: BIRKART S.E.A. Tel:
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    • 484 24 FOLLY CONTAINERISED TO FROM NORTH AMERICA WEST COAST CONVENTIONAL SERVICE TO PERSIAN GULF INDON S PORE LOADING FOR SARU AC 15 5/12 DB. DM. BH ABOHAH MCT CRYSTAL REED 15/11 24/12 DUBAI. DAMMAM. KUWAIT 'ALSO LOG M KUANTAN GENERAL AGENTS: CROWN MARINE CO (PTE) LTD TEL: *****88 (9 Lin*#) SUB-AGENTS:
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    • 493 24 JUL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines). TLX RS ***** RS ***** tB EASTERN C AR LINER. LTD. STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS SEKI KOCH MSSHO MARU TRONO SEKI AKEISHI 41 Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPAfCSE PORTS. HONGKONG. TAIWAN
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    • 890 24 m Mjc^Si EVERGREEN Full Container Service Round-Th®-World East Bound (FE/CARIB/USEC/EURO/FE) HKG KSG RIG EVER GLEMRY 11/11 14/12 10/12 11/12 EVER GOLDEN 17/12 21/12 21/12 2V12 EVER LAUREL 23/12 27/12 29/12 11/12 EVER GUT** 31/12 4/1 C/l 0/1 EVER GUM 7/1 11/1 13/1 15/1 EVER lIVMG 14/1 U/l 20/1 22/1 EVER
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  • Page 25 Advertisements
    • 904 25 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 VESSEL MAJAPAHIT GOWA HOT A SINGA FAR EAST CONTAINER SERVICE SIN JKT SBY SIN HKG KAO *TCM KEE BUS *HTC YOK KOB KEE 5/12 7/12 8/12 13/12 17/12 IS/12 20/12 20/12 23/12 omrt 27/12 20/12 24/12
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    • 984 25 BENLINE CONTAINERS EXPRESS COWTMO SERVICE TO UK/CONTHENT 4/12 a/12 79/12 27/12 Auranu Mara 11/12 $/l 31/12 J/l 2»/12 Bremen Etprest* 12/12 M/ 12 2/1 S/l 7/1 7/1 11/12 M/ 12 J/l 11/1 13/1 13/1 WU n/ IS/1 »/> >*/> 20/1 C*i M EM*l» 4/1 C/ 1 24/1 a/1 21/1 21/1
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    • 471 25 DJASAGETRI A Joint Europe Service Of. P.T. OJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMU9ERA INDONESIA P.T. TMKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE ALSO ACCEPTMG BOTH CONTMOS. CONVDTWNM. CARGO MA T/S TO UK POtTl HULL. 11 HAWK. OSLO. COTOMMOL AMHUS. 60THEJBUK AM) KLSMKI fr'—■D-<t'WT": :|IT-aB K-iml DJAKARTA LLOYD
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    • 393 25 BOUSTEAD SHIPPING AGENCIES m PAGAN VI 06*1 PMTA VKN PA-MI VIO4N HTOKYDA V2I9W V* BURMA FIVE STAR 'Burmese National Line) Loadhf for Rangoon Spore 4/7 Ok 9/12 Dtc 14/14 OK 11/13 Dk PKeianj Penanj 16/17 Ok BANK LINE NORTMOID TO UKC SPORE ROAM HULL Hi TAUSALA SAMOA Vt 12/12 1/1
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  • Page 26 Advertisements
    • 1446 26 MOTtO VSI TBN VSI V* K LINE KAWASAKI KISEN KAISHA. LTD. STOW PKIG PNG STORE KOK GUAYAQWCAUAO ARICA KJWQUE AfAGASTA S ANTONK) VAIPARAISO 10 Dk 11 Dk 12 Dk 14 D« »Dk 2 Feb 10 Feb frt 6ENTRAL AMERICA/CARIBBEAN SEA HtHR VSI MOTIO VSI PKIG PNG STORE *001 M7AMLO ACAfUCO
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    • 605 26 j <u AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers VtSHVA KAMJNA V H SO MCMAN) V33M CHANDOAS mH MSHVA AMTABH V4W tsnam* v» PWSPOITT W C 1 KAMDAS V 31H so ntrußA im cum* v 3i Singjflo'f P Aelanj Penanj 12 Otc Ma*»
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    • 906 26 7=sri GOLDEN LINE 5 OLV. GUM GUAN SHIPPING (PIE) LID 23. I<M Irf Street —-"""A SMGAPORE 0104 TU 5343M1 (II L*S) Spore f *eungP«.an t STRAITS/PERSIAN GULF SERVICE GOIOEN SU Colombo Kiiachi Dutw< GOIKN HARVESt Colombo Kami* DuDac Bihi*n 14/15 OK 10/12 I* GUANGMMG VALUIIANG PMGQUAN TANG QUAN CHINA OCEAN
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    • 379 26 INTRASEA (PTE) LTD 10 Anson Road *27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) NfQi£b£LSlt&'JLEßtn: BREAKBULK SERVICE TO EUROPE/UK S pore P KeUnf Loadnf for KARMA *****27 6/12 9/12 ROT, ANT BREHN ESBCRG UK (AVON) DOOYANG FRONTED *****29 7/12 11/12 ROT/ANT/UK (AVON) A|(Mt MTItASU (PIE) LTD BOOK
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  • Page 27 Advertisements
    • 764 27 NOL NEPTUNE ORIENT LINES LTD Agents S pare Id No Office *****77 NEPTUNE AGENCES PTE. LTD ft fu/«USI TPA/SU Tenwial CPf 800* ICS *****77 *****53 *****47 *****22 *****53 ******2 OR MRECT IKS *****19 *****16 *****11 KPUC SON BHD *****87/J*****5, *****53/ *****76 NEPIiE SON BHD *****71/*****34/*****35 NEPIK SON BHD *****9/*****5/*****0/*****1/*****7 FAR
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    • 433 27 HEUNG-A SHIPPING Korean Flag Vessels *7 dck«M SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG PPNAwr. riiqam iiurunu SrtHH «UN!S Nh'TUF* AGINCIfS PK I TO Tel ?*****7 2/***** iBootm(s) 2221-AO *****22 (Operations) 2222 th I ??09?84 < I priranal > *****50 *****04 <CFS> M»l»tSiA «UNIS j HINAS SHIA SDN BHD Kl IH
      433 words
    • 534 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHDMG 55, Market Street Sintapore 0104 Tel: *****33 (15 Lines) Termiul Office: *****41/2 Cable Address SINSOV SINGAPORE Tdei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARBCAT NAM SOON SON. BHD IST ANO 2NO FLOOR NO 1 IALAN CLMPLMNG PORT
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    • 43 27 Vf/;/.s/i//v TH L//vr GIOMOUS NMG V.IA SUN HOPE V.M SUN FLORA V.l« Honftonf Smfapert PJOwif SaM K. 20 1/12 13/12 13/12 11/12 SHBUSAWA MEISHM I N.T.Y. TPTN CO. PTI. LTD.. 143. Cad Sheet #11-M 66 Mtf S jw« UK 18. 223*21 (2 Ums)
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  • Page 28 Advertisements
    • 354 28 IS REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) rrrr Thi/Fn 1112/12 Sat/Sm 13-14/12 Tm/IM 14-15/12 pIPTBI ITIP 'lB mwL'i ITTI nuiy Wt?m imm I', i: ■mi -'iTrTTTnrr^PTT^ ■ggCJEESE mrrrtmrw. I E7n pin i is m *i rryrrrr mmiKiIkJESBF I m I* bIiWU IBU! J hKJih mmUMilt' 'f TTF
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  • Page 28 Miscellaneous
    • 177 28 I Regional Weather M m s N 0, N f* s :v k 1 i M P« fcl > „cl. 'i «T SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature <» c X\ V Sho er Weather —S Wind direction with-speed in knots Ram Wave
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  • Page 29 Advertisements
    • 230 29 will CALL US AT: K. LUMPUR P KELANG PENANG j. BAHRU P. GUDANG SINGAPORE *****M/*****56/*****41/*****93 *****11/4 04-*****2/4. *****3 07-22M65, *****8, 222(35 07-*****1, *****3, *****5, *****0 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE II 11 n oan *44 17.12 2t.12 MHON 4M 24.12 I 27.12 N. KJMt 4M OTHER DCS
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    • 428 29 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: SINGAPORE: CALICO SHIPPING PTE LTD T0 *****66 Th RS 551 It CALICO Fm: *****71 PORT KELANG: PERKAPAIAN UTAMA SON BHD T« 36®Tt9S* KOTA KINABALU: KESAWAN SHIPPING SON BHO T« *****7/ 2M630< 3 Inaa) TG. MANI: RASA MUHtBBAH SON BHO T« 3*767
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  • Page 30 Advertisements
    • 252 30 SENLM SHIPPING PTE. LTD. 20-09, Tono Eng Bldg, J 101 CkH St S'por* 0106 T«l: *****12/*****13/*****36 Tetci: tS ***** WEEKLY/REGULAR SERVICE TO EAST MALAYSIA Sent Lew* 5 6 Ok Unci** S4kj Sar*ei Bnatanf Sen| rtnj 5/6 Dec Penaif Sri Aria 9/10 Dec Kudan|, Situ. Sarfcei a DC J Ul S
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    • 304 30 \i;\\ link i RKH.HT ONSOLII) \TOKS MU SK T FL 339-2127 339-2JII TLX R*****8 NLINK Accept** Container*, L.CI. and breakbdk. Indur Ports: Madras. Calcutta, Bombay, Karac* Colombo, CNttagong Gulf Ports: Dubai, Damman. Kuwait Jarfiab, Aden. Hodeidah, Sarjah, Mqaboos Japan/Korea/Taiwan: Tokyo, Nagoya, Yokohama, Kobe, bisan. Kaobsimc. Keekmt Hone Kong. Bangkok Also
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