The Business Times, 6 January 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, JANUARY 6, 1987 75 CENTS
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  • 211 1 STOCK MARKET RUMOURS of unfavourable developments coupled with a lack of fresh positive leads led to an easier close on the stock market yesterday. The Straits Times Industrial Index fell 6.84 points to 882.24. The BT Composite Index eased 5.29 points to 773.87. Volume was 8.9 million
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  • 275 1  -  By LUCY NG FINANCIAL ADVISERS appointed by hotelier Khoo Teck Puat will be coming to Singapore on Thursday to resolve the debt problems of Khoo-related companies. The advisers, a group of bankers from Shearson Lehman Brothers, will meet the creditors of the companies individually
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  • 91 1 FROtf TODAY, BT will provide foreign exchange rates for five "elusive" Asian currencies in the Money Exchanges page. The Indonesian rupiah, Philippine peso, Chinese renminbi, Korean won and New Taiwan dollar are infrequently traded on an interbank level. Nevertheless, they make up a significant segment of
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  • 473 1  -  NWC still recommending restraint, says Boon Heng By CHUANG PECK MING AN EASING of wage standstill is expected to be proposed for 1987 by the National Wages Council when it meets soon, according to a worker representative in the council. But NWC will continue
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  • 470 1  -  By ANNA TEO LISTING the names of 10 persons who were featured in BT during 1986 was almost a breeze for commodities dealer Steven Wong. He submitted 10 entries to the BT/DHL "Know the Business" contest, a few under his wife's name,
    Picture by LESLEY KOH  -  470 words
  • 448 1  -  By RICHARD SEAH, Special Correspondent MOTHERCARE is "expecting". And quadruplets, or rather two sets of non-identical twins, it will probably be (or the British maternity and child-care retailer this year as it expands into Malaysia with two new outlets and maybe open another two stores in Singapore.
    448 words
  • 168 1 AFP BANGKOK POLICE have backed away from fining customers of illegal street hawkers at the start of a campaign to woo visitors to Thailand. Metropolitan Police Commissioner Lieutenant-General Samnao Vithitvorakhan said yesterday that he had ordered units not to levy fines
    AFP  -  168 words
  • 123 1 Bernama THE MALAYSIAN Trades Union Congress (MTUC) yesterday predicted a rise in the unemployment rate this year to 10.5 per cent from 7.9 per cent last year. MTUC president Zainal Rampak said in Ipoh that last year's rate was the worst ever faced
    Bernama  -  123 words
  • Page 1 Advertisements
    • 87 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM The best CantoneseThai cuisine in town. Come feast on fin Cantonese prepared by our master chefs at the Seafood-Theatre Restaurant. Magnificent cuisine with a flavour that's guaranteed to satisfy even your Lobster Salad, Steamed Crab Claws, Marinated Spicy Beef and so much more. Experience
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    • 3 1 See Page 6
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    • 280 1 Service with a smile ASIA has 10 of the world's top 50 hotels. The very best hotels in Asia take pains to cater to the whims of VIP guests, all done with smiles. Top hotels do not come cheap. But travellers who cannot afford them are now getting more for
      280 words
    • 156 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Top 100 BT'S RANKING of the Top 100 companies listed on the Stock Exchange of Singapore based on shareholders' funds will be published tomorrow. The table is an important reference for followers of the stock market. Make sure of your copy tomorrow. Shipping Tlmaa
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  • HOME NEWS
    • 388 2  -  $10-million-a-year increase in business By BOEY KIT YIN TOYMAKER TOMY SINGAPORE will enjoy a $10 million a year increase in business when a transfer of production from Japan is completed soon. The shift of operations began at the end of November last year
      388 words
    • 182 2 LUCKY DRAWS and "bonus interest'' have been offered by United Overseas Bank in its newly-launched savings account for people who come under the Central Provident Fund Minimum Sum scheme. This facility is available at all 63 branches of the UOB group, comprising UOB, Chung Khiaw Bank, Far
      182 words
    • 365 2 ITALY wants more exchange visits between its top scientists and academics and their counterparts in Singapore. Senator Luigi Granelli, the Italian Minister for Scientific and Technological Research, said yesterday that knowledge sharing between the top brains in both countries was part of Italy's
      365 words
    • 293 2 THE SOFTWARE Technology Centre, the biggest and probably the cheapest office block for computer companies, will be open soon. Located in the Singapore Science Park along Ayer Rajah Road, the building is designed to house small- to medium-sized companies engaged in software
      293 words
    • 62 2 THE ASSOCIATION of Women for Action and Research (Aware) will hold its first forum for 1967 on Thursday. The topic of the forum is Women's Charter: Yes, Polygamy: No. The association will give a fuller statement of its stand on the issue at the forum to be
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    • 584 2  -  By JEFFREY TSANG THE HOUSING and Development Board (HDB) has found a dynamite solution to the problem of demolishing old apartment blocks. On Thursday, the first of six old apartment blocks will be levelled with the help of explosives. Apart from Block 62 at
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    • 197 2 THE SINGAPORE INSTITUTE of Management Toastmasters Chapter is organising a debate on the topic "That Smoking Should be Banned in Singapore". It will be held on Friday, Jan 9. The organisers hope the debate will provide opportunities for members to develop their abilities to
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    • 370 2 YOU'LL WANT to flag a gold-top taxi next. That's the symbol of taxi drivers with a long and clean service record. Their taxis will be fitted with gold-plated plastic taxi top signs and their vocational licences will carry
      370 words
    • 79 2 THE HDB assures that the demolition of Block 62 at Indus Road on Thursday will be safe. But in a handbill to residents in the area, it advises them to leave windows open and latched before and during the blast to prevent damage to the windows,
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    • 63 2 THE director-generals of the six Asean countries are holding the third meeting of the 20th Asean Standing Committee in Singapore from today. During their three-day meeting, they are expected to discuss preparations for the third Asean Summit to be held in Manila from Dec 14 to
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  • Page 2 Advertisements
    • 161 2 TAIPEI INTERNATIONAL METALWORKING MACHINERY SHOW April 6—12, 1987 9 a.m. 5 p.m. Exhibition Hall, Taipei World Trade Center 5 Hsin Yi Rd.. Sec. 5. Taipei If you have time to visit only one show per year in Asia for machine tools and other metalworking equipment, this is the one to
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    • 54 2 5 DAYS TO SMOKE-FREE WEEK. TOWARDS A NATION OF NON-SMOKERS 1 NATIONAL UNIVERSITY OF SINGAPORE Public Lecture by SIR GEORGE PORTER (Nobel Laureate in Chemistry) Lee Kuan Yew Distinguished Visitor Topic: h •f.V h m.i A Tuesday, 6 January 1987 Venue: Lecture Theatre 27, Kent Ridge. Time: 6 pm For
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  • ASIA-PACIFIC
    • 375 3 UPI THE CHINESE Communist Party on Sunday issued a stern notice to the nation s officials warning that those who abuse their position, are incompetent or break the law face demotion or dismissal and a cut in salary. While the party has made progress
      UPI  -  375 words
    • 239 3 AP THE SRI LANKAN government has begun blocking firewood Shipments to the northern Jaffna peninsula to undercut the newly announced Tamil rebel civil administration, said Jaffna residents on Sunday. Most of the 700,000 residents of the peninsula depend on wood for cooking fuel. Last Friday, Sri
      AP  -  239 words
    • 303 3 AFP DEMONSTRATIONS by Chinese students during the past month will not cause a clampdown on writing and other cultural activities. "Our policies will not change because of these events. In other words we will unswervingly carry out the policy of reform,
      AFP  -  303 words
    • 412 3 AFP CHINA'S current security and economic interests will compel it to seek better ties with non-com-munist South-east Asia, says a Thai scholar. Abhinya Ratanamongkolmas said in Kuala Lumpur yesterday that China's policy would probably be shaped by Beijing's desire not to fuel
      AFP  -  412 words
    • 346 3 AFP THAILAND and the US are to sign an agreement on' a joint war reserve stockpile (WRS) in Thailand, the first such US installation in a country where no American troops are stationed. The signing by Thai Defence Minister Panieng Kantharat and
      AFP  -  346 words
  • Page 3 Advertisements
    • 92 3 For reservations contact your travel agent or Air Lanka, 002 00/b PIL I To some, the business of flying fish across the world is big business. At Air Lanka we know just how important air freight is to business, large and small. Whether your forte is fashion from France, or
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  • Page 3 Miscellaneous
    • 44 3 Doonesbury MY OUN Vim RJCK, IS THAT IF OLLIE NORTH VIOLATE? ANY LAMS, THEY WERE JUST TECHNICAL LAWS. *TECHNICAL LAMS"* MHAtSA TECHNICAL LAM, PAT* SOME MINPLES6 LEGISLATIVE STRICTURE. A TECHNICAL BUtS ALL LETTER ANPNDSHRJT. LIKE THE LAM BANNING I CONTRA AIP. BY GARRY TRUDEAU
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  • REST OF THE WORLD
    • 381 4 AP THE US ADMINISTRATION tried to hide US$5l billion worth ot defence spending in two recent budgets sent to Congress, said the chairman of the joint economic committee during the weekend. The charge by Representative David Obey, an opposition Democrat, came just before President
      AP  -  381 words
    • 558 4 Industrial output takes a dip NYT AMERICAN industrial production and new orders declined in December, according to a report by the National Association of Purchasing Managers. The nation s purchasing mangers cited the continued sluggish growth pattern of the economy through the
      NYT  -  558 words
    • 221 4 Reuter BRITAIN'S museums and art galleries, a major attraction for foreign tourists, are being threatened by damage and decay due to severe lack of funds, according to a report published by Britain's top civil servants' union yesterday. "Most of our national
      Reuter  -  221 words
    • 488 4 AFP BRITAIN begins the new year in the midst of a mini economic boom, spurred on by a burst of consumption that has many City analysts predicting that Prime Minister Margaret Thatcher will call general elections by spring. The analysts
      AFP  -  488 words
    • 542 4 Reuter SOUTH AFRICAN opposition parties, due to go to the polls soon in a critical battle for white support, said yesterday that they would ignore censorship laws in fighting what one newspaper termed "the gagged election". President P W Botha had said
      Reuter  -  542 words
    • 111 4 Reuter PRIME MINISTER Turgut Ozal opened Turkey's first free trade zone yesterday, intended to boost export earnings, in the port of Mersin. The zone, one of four planned, will be outside Turkish customs borders and operations will be free of all domestic taxation. Strikes and
      Reuter  -  111 words
    • 207 4 AFP COMPANIES in seven sectors of the Soviet economy became self-financing from the beginning of this year as part of moves by Moscow to allow greater financial autonomy to all industrial enterprises. The Tass news agency reported on Sunday that complete self-financing was instituted in
      AFP  -  207 words
    • 358 4 UPI THE OPPOSITION Social Democrats have said in an election leaflet that Chancellor Helmut Kohl's government has a secret plan to allow women to join the armed forces. "The Social Democrats say a clear no to this," a woman
      UPI  -  358 words
    • 720 4 The latest hot spot in Paris a bubbly water bar NYT A FRENCH OSTEOPATH has just opened what he calls the world's first water bar, serving only bottled water though fruit juice and vitamin-spiked milkshakes are available for those desperate for something stronger. The Bar a Eaux is the brainchild
      NYT  -  720 words
    • 818 4 ARRIVALS Operator S«rvic« Local From number tim* MAS MH671 0920 KlU S4A SQ103 0950 KUL AC AC 85 8 0950 YYZ/im/tOM Al AJ432 1005 80M/MAA/KUL CPA CX710 1015 CGK MAS MH603 1020 KUL MA ***** 1030 8WN GU GA960 1100 CGK SlA SQ105 1105 KUL SWt SR162
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  • Page 4 Advertisements
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    • 57 4 /II A AT T The business person's choice, Ly# 1 /I I V /\V every Tuesday, Thursday, Saturday I jl I\j I I and Sunday. Leaving Changi Airport I J -Ll—\l_ at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent.
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  • Page 5 Advertisements
    • 136 5 V HEH I 1 4 i .> iraS&'^fC V •4 ■w >-:■ IBI^I V, Jfc*. Bfe n, -£«LLjI »>r 4 Ural dlma ■''.r^'ZrZ* rf-:' j&f* i: rl Moshi, Moshi. Again Singapore calling? IDD costs nothing? Honto Ne! '.r »*a§ i UNH •I*'. iS W §®i n qc H ,-s— SUST
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  • BANKING AND FINANCE
    • 391 6  -  By SOH TIANG KENG, Financial Corraapondant THE FIRST negotiable certificates of deposit deal in Singapore this year was clinched yesterday with the signing of a US$5O million agreement by eight banks. The signatories at the champagne ceremony in Hotel Otani were
      391 words
    • 606 6 NYT THE FINAL TALLIES are in at the US Federal Deposit Insurance Corp on the number of bank failures in 1986. For the fifth year in a row, failures continued to break all post-depression records. After averaging about
      NYT  -  606 words
    • 274 6 Reuter CHANCELLOR of the Exchequer Nigel Lawson has reiterated his view that sterling's adjustment to last year's drop in the oil price is now complete, and that he does not want to see a further fall in the pound's value. He
      Reuter  -  274 words
    • 198 6 Reuter THE BRITISH government is issuing by tender £1 billion of 10 per cent treasury loan stock due 1994, payable 40 per cent at tender, the Bank of England has said. The minimum tender price is 98 per cent and tenders close tomorrow.
      Reuter  -  198 words
    • 200 6 Reuter THE INJECTION of funds via currency swaps to ease tight money market conditions boosted West Germany's gross currency reserves by 800 million marks to 94.1 billion in the third week of December, the Bundesbank said in a statement. With foreign liabilities rising by 300
      Reuter  -  200 words
    • 479 6 NYT WITH American corporations ever more willing to switch from one investment banking firm to another, the investment bankers are scrambling to find new customers and keep old clients by setting up shop far from the canyons of Wall Street. Nowhere has this
      NYT  -  479 words
    • 914 6 SINGAPORE: The US dollar yesterday closed firmer against most major currencies, but below the day's highs, in moderate late trading. Dealers said the dollar rose in early afternoon trading on covering of short-positions by some Asian and European operators but profit-taking at the higher levels trimmed the rise
      914 words
    • Article, Illustration
      130 6 THE OVERNIGHT rate on the Singapore interbank market closed at 3 1/2 per cent yesterday, up 1/4 point from last Friday. The term rates each shed 1/8 point to 3 1/4 per cent. Indicates the ivtrift o4 in# primt ifnumfl riiff of 12 major banks In Singapore S$
      130 words
    • 295 6 HONGKONG: Gold closed lower on fairly heavy late selling by overseas investors yesterday. Bullion settled at U*****.50/U*****.00 an ounce against an initial U*****.70/U*****.20. This compared with Saturday's close here of U*****.70/U*****.50 and New York's Friday finish Of US$4Ol 60/U*****.10. On the local market, gold ended HK$l lower at
      295 words
    • 210 6 Interbank rotes at 3pm yesterday: dot tor f to on BM unit of for*! tmm gn curroncy US dollar Staring pot AtwtroAan e HZ doltof Canadian d md k*ar Mar 2.1700 3.2213 1.4506 1.1574 1-5753 2.1710 3.2250 ***** 1.1603 ***** ***** 7.3469 ***** 3.4286 3.4206 -23.04 •56.15 -5749
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    • 557 6 MARCH Eurodollars opened 4 ticks higher than last Friday's close at 93.95 and traded higher in a firm market during the day in quiet trading. However, profit-taking activitiee limited further gains after the contract touched the day's high of 93.96. Liffe session saw prices remaining steady with the March
      557 words
    • 259 6 ASIAN DOLLAR deposit rates closed steady at easier opening levels in quiet afternoon trading yesterday. Short-dates weakened between 1-1/8 and 1-1/2 points at the outset. Thereafter rates held unchanged with overnight closing at 7 6-7/8 per cent, Tuesday/Wednesday at 6-3/4 6-5/8 per cent and week-fixed at 6-5/8
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  • Page 6 Advertisements
    • 240 6 ADVERTISEMENT Are Mistakes in English Ruining YOUR Career? There is a special monthly publication which will help>ou to improve your English QUICKLY and EASILY. It is the Business English Digest and you can have full details FREE on request. If you use English in your thorough, easy to underjob you
      240 words
    • 8 6 Call for change In LSE rules, Page 10
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  • WORLD BACKGROUND
    • 780 7 Reuter "THE LEADERSHIP of the (Communist) Party stinks..." "Marxism and the freedom to publish are natural allies." "The limitations of Marxism and Maoism in history are increasingly obvious." These are statements from illegal wall posters that appeared briefly in Beijing University last week.
      Reuter  -  780 words
    • 551 7 Reuter IRAN HOLDS a pivotal position in the muddle of Middle East politics as another year turns on the unending round of conflict and tension in the region. Ayatollah Ruhollah Khomeini's Iran is seen by regional experts to have been a guiding influence
      Reuter  -  551 words
    • 468 7 Reuter A DECADE after the then-president Anwar Sadat outraged the Arab world by travelling to Israel, 1987 is shaping up as a year in which Egypt may get back on official talking terms with most Arab states. President Hosni Mubarak or top aides
      Reuter  -  468 words
    • 851 7  -  Open trading system under strain By LEONARD SILK NYT WILL THE new year bring a trade war? That danger has come closer with the announcement by the Reagan Administration that it will impose, by the end of this month,
      NYT  -  851 words
    • 667 7 AP THE CUBAN view of the foreign debt problem throughout Latin America boils down to one word: "unpayable." But despite Cuba's warming relations with other Latin American nations. President Fidel Castro has found little support from Latin leaders to simply stop
      AP  -  667 words
  • Page 7 Advertisements
    • 39 7 «jAH;rK-LFCoiH.TRfc» IM Ki1.120 11 "Motmphases" gents' model bv Jaeger-Le Coultra Automatic movement with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C.I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd
      39 words
    • 141 7 MONT BLANC THE ART OF WRITING Jr. *Y <> > M// /M m Ya m m 2 MAL MONTBLANC THE ART OF WRITING B 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
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  • FEATURES
    • 495 8 TO SINGAPORE, the world's most open economy with its annual trade worth three times its national income, the Reagan Administration's decision to allow exporters greater duty-free access to the US vindicates the Republic's stand on free trade and open competition. Reciprocal access for US goods
      495 words
    • 1056 8  -  Standards rise, rates fall in Bangkok and Singapore The world's best hotels ere in Asia. Their staff take pains to cater to the whims of VIP guests and do it all with a smile, reports JOSEPH DE RIENZO. JOSEPH DE RIENZO. Reuter GLOBE-TROTTING fat cats, film
      Reuter  -  1,056 words
    • 413 8  -  letters to the Editor A LOPEZ CLERK OF PARLIAMENT DEAR SIR, I refer to the article captioned "Select Committee adds several new clauses Move to guard against abuse of copyright powers" (Business Times Dec 25,
      413 words
    • 82 8  -  Nancy Lim (Ms) Htid (Public nilidowj Stntoii Development Corporation DEAR SIR, I refer to the article, "Sentosa hotel project eligible for tax breaks" in BT on Dec 18, 1966. I wish to clarify the position in relation to incentives for the project: 1) The "investment allowance" should
      82 words
  • Page 8 Advertisements
    • 180 8 KP ,v A HP Not only are they so advanced that they com- words, a full refund for the cost of the calculator! You municate with each other via infra-red ray. they don't even have to buy both to win. HP 18C buyers also offer an incredible chance to win
      180 words
  • Page 8 Miscellaneous
    • 645 8 CRYPTIC PUZZLE ACROSS 3 Food knocked off? (5) 8 It infects a girl and some Russians (5) 10 Incomplete deliveries from the butchers (5) 11 Perhaps not all that heavy? (3) 12 A perfect line to trade (5) 13 A knave, a fool, and a beast (7) 15 Slings one's
      645 words
    • 33 8 BnSto^FiaaidHcket£ U)Hpct pv mise£f\&L€_ BUNCH TH£St eaRLV birds PRE. i KNOLO ITS, F(?ee_iiMG. COLO Hovo rbout p\ OF PiMD RfMNi'MG MPVCD BOT TM€.(?es P NO NO£D FOR PiLL ThES£ _!==>, ,/-,r77)rsV. LOtJG FP>C£S II:
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  • SPORTS
    • 397 9 AP THE NEW YORK Giants moved within a game of their first Super Bowl by demolishing the San Francisco 49ers 49-3 on Sunday as Phil Simms passed for four touchdowns, Joe Morris ran for 159 yards and line-backer Carl Banks led a defence
      AP  -  397 words
    • 195 9 AP KENYAN rally veterans Shekar Mehta and Mike Doughty, driving one of the favoured Peugeot 2055, won the first desert stage of the Paris-Dakar rally on Sunday and moved to the top of the overall standings. They covered the 159-mile (254-km) stage from
      AP  -  195 words
    • 419 9  -  By WALTON MORAIS THE Singapore Davis Cup tennis squad will get out of the grind of training for its first simulated Davis Cup match in a fortnight. With the arrival of Korean coach Chang Byung Sik still uncertain, the Singapore Lawn Tennis Association s
      419 words
    • 555 9 UPI TOM BLACKALLER told his 'USA' crew to take the weekend off and have fun but many showed up for work anyway on Sunday. Scott Eason, a 28-year-old starboard tailor and rigger from San Rafael, California, was one of the first
      UPI  -  555 words
    • 257 9 Reuter A KEY CLASH between Australia IV and Kookaburra II for a place in the America's Cup defender final off Fremantle was abandoned yesterday as high winds swept the course. Race officials called off the race just as the yachts crossed the starting
      Reuter  -  257 words
  • Page 9 Advertisements
    • 279 9 MIZUNO. THE WORLD'S BIGGEST SELLING GOLF CLUBS v? CHAMPION FLAG MF Emphasis on ease of play and good directional control. For woods, the heads are crafted from solid maple wood and the irons are cast in mild stainless steel. Available in graphite shaft Techno- Flex 5755 and light steel shaft
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  • Page 9 Miscellaneous
    • 1175 9 Play gol£ the Sevvy way &WS NEBK W*LL C rSmfWJO. TPftNB TO APP LtcauFp) A seconp gpeen HcLUBVf TACKer TOTHB. OV£ HOV7MO I YEAPS AGO ONE OF THE THAT NELPEPME W//V//V ffBO >NAS THE CONTPOCLMP A*W, TH/S /HPOP7ANT ON A GOUPSE UKE AUGUSTA, NHCPE POS/T/ONAL PLAY /S i ALL tWOXTANT...
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  • INTERNATIONAL COMPANY NEWS
    • 1630 10  -  Guinness investigation reveals an intricate web The British government's investigation into Guinness's affairs has so far unearthed a remarkable story spanning two continents and involving considerable amounts of money. CLIVE WOLMAN traced the story behind the crisis currently facing the giant drinks company.
      FT  -  1,630 words
    • 333 10 AFP THE GIANT John Fairfax Limited media group has launched a As9lo million (about US$6OO million) bid for a Queensland company in what market analysts consider is an attempt to block Rupert Murdoch's takeover of the Herald and Weekly Times (HWT) group. The
      AFP  -  333 words
    • 196 10 Reuter BRITISH Chancellor of the Exchequer Nigel Lawson has been quoted as saying that the London Stock Exchange should change its rules to let big British companies raise additional capital directly from new shareholders, rather than through traditional rights issues or placings. In
      Reuter  -  196 words
  • Page 10 Advertisements
    • 459 10 Wiietz wim, %itn<e m*4 criteriaia ALL YOU WANT illiul LL f I* vr 6 l.i n b 0 V lis 4r "V I 80 per person h* Herts your chance to savour the country fare of central Germany Hearty simple and yet truly delicious authentic Franconian specialities are served at
      459 words
    • 130 10 r > 4 J# Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to come for lunch or dinner any day. *£ss( CRcswn
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  • ASIAN STOCKS
    • 434 11 TOKYO: Share prices bounced back in the year's half-day inaugural session on the Tokyo Stock Exchange yesterday on a wave of bargain-hunting centred on financial stocks and domestic demandrelated issues. The 225-issue Nikkei Average, which sagged 119.35 yen on last year's final trading day on Dec 27, gained 119.15
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    • 72 11 JAM jjf WON +7 1087 -51 22J*JS r 2 -42 jy" ,n 22 Koton Ind 2210 -88 xfy* 3 Kof Long T»rm 16« -111 t222?£Efc"'" li£ 1« Lucky Lid. 1470 -100 lit 0 'J?, Ori«ntoJ Br*w*ry 1300 -50 rwS Si» jo Ort*«*ai Ch«n 1880 -41 Dooq3oh_ Stock 1780 P«c»c
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    • 424 11 SYDNEY: Australian share markets closed at record levels yet again yesterday, buoyed by demand for leading industrial, gold and resource stocks. Attention focused on the media sector following John Fairfax's takeover bid for Herald and Weekly Times associate Queensland Press. By the close of trading, the All Ordinaries Index
      424 words
    • 91 11 JAN M Aco|a Mining pesos Oriantal B Phil Ovaraaaa Phi lax B ...0 033 ...0.043 0 47 0 003 0.001 002 Anglo Phil Apax Mining B Atlas Con. B 0 003 0 035 17 90 unch -0 002 -0.5 Ptcop B __4 unch Baguio OoM Basic Patroiaum Banguat Con.
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    • 336 11 HONGKONG: Share prices closed firmer yesterday on heavy demand from local investors, much of it for newly listed Bond Corp International. The Hang Seng Index gained 12.34 points to 2,552.40 and the Hongkong Index was up 9.16 at 1,629.56. Bond Corp International, a subsidiary of Bond Corp of Australia,
      336 words
    • 154 11 BANGKOK: The Stock Exchange of Thailand Index rose 0.80 to 209.96. Turnover totalled 1.923,331 shares worth 243.7 million baht. The Book Club Index was up 0.69 at 188.99. JAM M 1 Ao Kham Thai Ayudhya Invaatmant. Bangkok Aground Bangkok Bank. IAMT 346 62 277 4 1.5 -2 Poat Publishing
      154 words
    • 108 11 Reuter CHINA'S vehicle output last year fell to 330,000 from 400,000 in 1985, the first drop since 1949. because of large inventories, tight controls on credit and high domestic oil prices, the official China News Service reported yesterday. The agency said China now had more than
      Reuter  -  108 words
    • 79 11 Reuter FLETCHER Challenge Ltd has announced that it will extend its takeover offer for NZ Forest Products Ltd (NZFP), made through its wholly-owned unit Dransfield Investments Ltd. to Feb 5. The offer, made on Nov 6 and due to close yesterday, is NZ$3.6O for every NZFP share
      Reuter  -  79 words
    • 329 11 THE CONTINUING restructuring of the troubled operations of Wing On Bank of Hongkong has resulted in the closure of three branches, with two more to cease business soon. According to Hongkong's Sunday Morning Post newspaper, the decision to shut down the branches and
      329 words
    • 83 11 Reuter AUSTRALIAN investment group Unity Corp Ltd has completed its US$lO.2 million acquisition of Los Angeles-based Universal Savings Bank after receiving US regulatory approval. The acquisition was the first of a US savings and loan institution by an Australian company, Unity said in a statement yesterday.
      Reuter  -  83 words
    • 99 11 Reuter THE AUSTRALIAN National Companies and Securities Commission (NCSC) has modified the country's takeover code to remove any suggestion that Bell Group Ltd could acquire Elders IXL Ltd's stake in Broken Hill Pty Co Ltd (BHP) without first making a takeover offer to all BHP shareholders.
      Reuter  -  99 words
    • 148 11 Reuter DEAK MORGAN Ltd of Australia has agreed to acquire Johnson Matthey Commodities Ltd. a unit of Johnson Matthey Bankers Ltd, from the Bank of England, sources close to Deak Morgan said. They said in Hongkong yesterday that the company also agreed
      Reuter  -  148 words
    • 191 11 Reuter A BANKING SYNDICATE headed by the Export-import Bank of Japan plans a yen loan worth about US$9OO million to five Japanese trading houses to develop liquefied petroleum gas facilities in Indonesia, a spokesman for the bank said yesterday. The
      Reuter  -  191 words
  • Page 11 Advertisements
    • 159 11 to wiiMi, dkc aai egtferfala if 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 other half is just
      159 words
    • 128 11 To turn your night into gold with Freaky Freddy. just boogie down to the Black Velvet Gold Glub. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine. Ladles Night and no cover charge for couplet
      128 words
    • 161 11 Panamoant HotelWhere the happy people gp f <3 w; COCKTAIL LOUNGE Experience a new and refreshing concept in cocktail lounge entertainment. Experience The Gazebo The frontispiece of Paramount Hotel, away from all the hustle and bustle A free flowing garden terrace in subtle shades of grey and beige And a
      161 words
    • 108 11 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, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      108 words
    • 100 11 k5l A £I*7/7 Ji ir Puking 4 Sichuan Restaurant HOKKIEN-PORRIDGE MEW* DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time: 7pm 3am At ->► 10% service charge A 3% government tan not Included r *gpecUd For all you can
      100 words

  • RAW MATERIALS
    • 508 12 UPI OAT FUTURES, which had shown little activity in recent years, have come into their own at the Chicago Board of Trade. Prices have risen steadily since early last year, and there are strong indications that the trend will continue.
      UPI  -  508 words
    • 151 12 AFP VIETNAM'S crude oil output in 1986 was 40,000 tonnes, the Communist Party newspaper Nhan Dan has reported. The Soviet-Vietnamese company Vietxopetro began operating its fifth production well in the White Tiger field off southern Vietnam last Tuesday, and its flow is greater than that of
      AFP  -  151 words
    • 101 12 AP ISRAEL exported a record quantity of diamonds last year, with sales valued in excess of US$l.6 billion, the Israel Diamond Institute. This was an increase of 31 per cent in the export of cut gem diamonds from the previous year's US$l.26 billion, said the report
      AP  -  101 words
    • 117 12 AFP SOUTH KOREA s commodity exports in 1986 grew to an estimated U5534.7 billion, up 14.7 per cent from the previous year, said the Korean Trade and Industry Ministry. The export target for 1986 was US$33 billion. Commodity imports were curbed at US$3l.2 billion, up
      AFP  -  117 words
    • 188 12 MALAYSIAN crude palm oil prices recovered to close at the day's highs on covering and speculative buying yesterday, supported by the rebound in palm oil futures. Dealers said that the market had eased initially in sympathy with a lower Chicago soyoil futures close last week. In the January
      188 words
    • 299 12 RAS prices s con*/k fl fob m m NOON CLOSE Buyors Buyors Sailors Int 1 RSS Prompt 184.00 185.00N 183.00 184.00N Int 1 RSS Fob 87 184.00 184 JO 183.00 183 JO Int 1 RSS March 185.25 185.75 184.00 184 JO In* 2 RSS OP 178.00 180.00N
      299 words
    • 100 12 OIL PRODUCTS SINGAPORE product prices firmed across the barrel as traders returned to their desks after the Christmas/New Year break. Naphtha strengthened slightly although many parties said it would rise quickly mid-week when the effects of firmer crude prices had been passed on. Closing prices for crude (FOB origin) US$/barrel
      100 words
    • 67 12 Bangkok (US$/toraM, FOB) White Rice 100% 1 st doss 245 100% 2nd doss 210 100% 3rd doss 205 5% 195 10% 190 15% 185 20% 175 25% 170 35% 170 Broken Rice A-l Super 118 A-1 Special 115 C-1 Special unq C-1 Ord unq Loonzain Rice 100% 1i» grade
      67 words
    • 90 12 Sollors' noon dosing pricos on Jon 5 (S$/100 kg). Coconut oil Bulk FOB 66.00 Old drum FOB 76.00 Now drum FOB 86.00 Copra Mlxod (loot*) 33 buyon Pepper Muntofc WWto FOB NLW 1415.00 Sarawak Whit# FOB faq NLW 1400.00 Sarawak spodal black FOB NLW 1012.50 Sarawak Aita block
      90 words
    • 57 12 THE PRICE OF TIN on the KLTM yesterday closed 10 cut» higher from lost Friday at M 517.34 par kilo. Turnover rooa to 130 tonnes from 120 last Friday bacauaa the higher price attracted Increased onorinya. Y\ TIM Ck>iiog prtcoj on Jon 5 KL TIN IMS/kg) Pric 17.34
      57 words
    • 147 12 SINGAPORE The market closed lower yesterday with February One RSS buyers quoted at 183.00 cents/kilo, down '1.50 cant from last Wednesday. February TSR-20 closed unchanged at 169.50 cents/kilo. March closed at 169.50 cents, down 0.50 cent. MALAYSIA The market closed steady at around last week's levels. The RSS Ones
      147 words
    • 87 12 l«nrt/kfl. )-«0" poNon) FEB 87 MAR 87 (currant month) (forward month) NOON NOON RAS Ivym t n<r, lvy«fi jiHin SS« 30 174.00 176.00N 175.00 1 77 OON SS> 50 172JOQ 174.00N 173.00 *****N MRELB Iwyan IiBan twyvr, l H«n SMI cv 280 50 282.50N 281.50 383 JON
      87 words
    • 834 12 COFFEE Robusta futures yesterday finished a dull morning firmer, closing the call £20 to £5 per tonne higher. Second position March traded at £1,667, up £20. After opening firm but slightly weaker than expected, prices fell back on commission house and trade selling, then stabilised. Volume was a
      834 words
  • Page 12 Advertisements
    • 327 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 (Revised) AND IN THE MATTER OF BERIKING PTE LTD (INCORPORATED EM THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No.
      327 words
    • 314 12 IN THE MATTER OF THE COMPANIES ACT CAP 185 NAN SEN CONSTRUCTION REALTY (PTE) LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of NAN SEN CONSTRUCTION REALTY (PTE) LTD duly convened and held at 24-A Sixth Avenue, Singapore 1027 on the 31 day of December 1966,
      314 words
    • 286 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF ROCKBRIDGE INVESTMENT <S) PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Saction 308 of tha Companies Act, Cap. 185, that tha Final Maeting of the abovenamed company Mill be held at 11 Collyer
      286 words
    • 345 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 VANITEX ELECTRONIC TOYS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of tbe members of VANITEX ELECTRONIC TOYS PTE LTD duly convened and held at 6001, Beach Road. #09-02. Golden Mile Tower, Singapore 0719 on 31st December 1966 the
      345 words
    • 136 12 T** x v v N x yVv.'o>° v < J& <^*#¥ foRDERFORM Yes, I would like to subscribe/renew Please send the mogazine to the following oddress Address Company: Designation:. order no: Charge Express Account Card No: Expiry date: f0r549.00/$71.25/$64.75 Signature: Cheque/money order should be made payable to Times Periodicals Pte.
      136 words

  • SHARE INFORMATION
    • 4093 13 RUMOURS of unfavourable developments coupled with a lack of fresh positive leads led to an easier close on the Singapore stockmarket yesterday. Talk concerning the repayment of US$32 million by Senator Alex Lee, once linked to Roxy Electric Industries, and of
      4,093 words
    • 239 13 SINGAPORE Rises Indices Jan 2 Jan 5 330 +24 iTCempodH 779.16 773.17 OCIC 900 +10 IT Indicator *****357 *****770 >nd 328 +8 8T08/0S 90 -239 08 5 910 +5 IT CAD) -6993 -7080' C Proponiot 414 +4 IT OtV ->***** ***** 0|r Do» 50* 221 +4 ST
      239 words
    • 3042 13 810 and otter prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,042 words
  • Page 13 Advertisements
    • 61 13 ---A Proposed increase \in annual value is f® unreasonan 1 ptope^Vcv**® ot- rebate. <et?\v=rr.~- S, \""N" Co, i Few property owners know where their liabilities begin. Or end. The answer: You Your Property value and j<STSi Tax the essential facts 1 mi I an > uan Published by TIMES BOOKS
      61 words

  • COMPANY NEWS
    • 1257 14  -  Nearly four billion shares worth $8b changed hands last year kTHE TEAR IN 'EVIEtV Stockmarket 1 By AMY CHEOK THE SINGAPORE stockmarket staged a stunning performance last year, a complete contrast to the crash in 1985. Share prices roared in re-cord-breaking volumes as
      1,257 words
    • 533 14 SELLERS DOMINATED trading on the Kuala Lumpur stockmarket yesterday and situational stocks lost further ground in quiet trading. Dealers said investors were reluctant to make commitments because there was an absence of fresh developments on the corporate front. The problems facing the 23
      533 words
    • 245 14 Managers' prices for Jan 6 MARA-Bumiputra First B'putra 5 18 _> 523 Singapore Unit Trust Second B'putra Third B'putra 469 369 474 3.74 The Commerce 0 88 095 Fourth B'putra 4.16 421 The Savings Fund 081 087 Fifth B'putra 2.67 2.72 S pore Prog Fund 0 35 039
      245 words
    • 108 14 HONGKONG Hongkong Index Monday 1629 56 Friday 1620.40 Week ago *****2 Hang Seng Index Monday 2552 40 Friday *****6 Week ago *****5* All Industrials Monday 2383 4* Friday 2362.5 Week ago 2334.4 NEW YORK Dow Jones Friday *****1 Thursday Closed Week ogo 1930.40 TOKYO Nikkei Average Monday *****55
      108 words
    • 619 14 Reuter THE HANG SENG Stock Index, which touched a record 2,568.30 on the last day of 1986, is likely to top 3,000 this year, according to stock analysts. They said the index, which gained more than 800 points during 1966, was
      Reuter  -  619 words
    • 2019 14 810 and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS Aana I—l Mnomoto (3065) Km* Hldg (***** AJcom 168
      2,019 words
    • 100 14 PEAK HUA INDUSTRIES Berhad: 17th AGM at the Conference Room at Lot 1509, 15th Floor, Wisma HLA, Jalan Raja Chulan, ***** Kuala Lumpur, tomorrow at 10am. BATU KAWAN Berhad: 22nd AGM at Wisma Taiko, 1, Jalan S P Seenivasagam, Ipoh, Perak, Malaysia on Friday. Jan 23, at 12.30pm.
      100 words
    • 674 15  -  By CHAN OI CHEE THE MALAYAN BREWERIES group, well known for its Anchor and Tiger beers, is also a shrewd investor. During the last financial year to September 1966, the group's portfolio of quoted investments in market value not only shot up 95
      674 words
    • 248 15 Bernama MAH KING HOCK has resigned as managing director and director of Duff Bhd, a plantation group, from Jan 1. Mr Mah said his resignation was in line with his ceasing as a substantial shareholder of Duff Bhd which suffered a pre-tax loss
      Bernama  -  248 words
    • 185 15 Bernama MALAYSIA Borneo Finance Corporation Bhd (MBf) has assured depositors that it has sufficient funds to meet withdrawals from its branches in Sarawak. MBf Corporation chief general manager Chan Jak Keong yesterday said in Sibu that the company was committed to its customers as seen
      Bernama  -  185 words
    • 134 15 Bernama. INCHCAPE BHD. the trading group, has obtained all approvals for its proposal to sell off some of its surplus assets. The assets include properties owned by wholly-owned subsidiaries as well as subsidiaries of Kumpulan Inchcape Sdn Bhd (KISB). The proposal includes
      Bernama.  -  134 words
    • 744 15  -  Acquisition in line with plans to diversify hotel-related interests By AMY CHEOK CONSTRUCTION GROUP Lum Chang Holdings is taking a majority stake in two hotels in Perth, Australia, owned by Ambassador Holdings Ltd for about 553.4 million (A 52.35 million). The
      744 words
    • 332 15 Reuter GUINNESS PLC has declined comment on a report in The Sunday Observer that a company official signed a cheque to buy 2.15 million Guinness shares in support for its takeover of Distillers Co PLC. Asked if Guinness chairman and chief executive Ernest Saunders
      Reuter  -  332 words
    • 297 15 Company RIGHTS ISSUE A B N One-tar-t*n Bedford One for one JO 50 per shore Bonvests Hldgs One-tar four <gi SO 65 per shore C 1 Holdings 27 million loon stocks in the ratio of (3 loon stock tar every five ordinary shores held City Dev One-for four
      297 words
  • Page 14 Advertisements
    • 88 14 NOTICE In view of our expansion program we are pleased to inform you that we have incorporated our firm P. Jethmal (Jethmal Travel) into a Private Limited Company. Address and telephone numbers remain unchanged. With immediate effect from January 1, 1987 please effect all communication to P. JETHMAL TRAVEL PTE
      88 words

  • Page 15 Advertisements
    • 212 15 BOUSTEADCO (Incorporated In Singapore) TO ALL SHAREHOLDERS NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 9.00 a.m. on Monday, 26th January 1987 at the Company's registered office at 20 Collyer Quay, #16-00 Tung Centre, Singapore 0104 to
      212 words
    • 5 15 The Guinness-Distiller* affair, Page 10
      5 words
    • 91 15 //r T Vjk 3S Strategic planning "All work and no play makes Jill a dull girl" and dull people don't make it to the top of any heap. Lifestyle is of crucial importance for all executives who realise that a healthy mind works better in a healthy body. To help
      91 words

  • 332 16  -  By BRIAN GOMEZ PLANS by Malaysia to launch the second phase of its Peninsula Gas Utilisation Project "will truly launch the nation into the much heralded gas era,'' said Malaysian national oil company Petronas. Petronas said the planned trans-peninsular gas pipeline
    332 words
  • 199 16 Reuter TOP JAPANESE businessmen have predicted that the economy is likely to continue to feel the strain of a strong yen and trade friction. "Last year we had the disease of the rising yen. The problem this year is how to cure the disease," said Tokyo
    Reuter  -  199 words
  • 264 16 INDONESIA yesterday announced that it would set the price of "Minas", the country's benchmark crude oil, at U5517.56 per barrel, in line with an Organisation of Petroleum Exporting Countries (Opec) decision. Minister
    264 words
  • 307 16 PETRONAS CARIGALI Sdn Bhd (PCSB), the operating subsidiary of Petronas. has for the first time become the sole operator of an oil field following the surrender of the Tembungo oil field, north-west of Sabah, by Esso Production Malaysia Inc (EPMI). Petronas will soon sign a
    307 words
  • 230 16 Bernama MALAYSIA'S trade surplus rose Ms34o million to M 56,042 million for the first 10 months last year from M 55,702 million for the 1985 corresponding period, according to preliminary figures released by the Malaysian Statistics Department.
    Bernama  -  230 words
  • 154 16 Bernama THE MALAYSIAN Trade and Industry Ministry has up to Jan 3 issued 80 approved permits for the import of Mandarin oranges for the Chinese New Year. Deputy Trade and Industry Minister Datuk Kok Wee Kiat yesterday said in Kuala Lumpur that the
    Bernama  -  154 words
  • 86 16 Reuter COMEX GOLD FUTURES lost ground on selling spurred by the dollar's recovery from lows on reports of central bank intervention yesterday morning, but the market held smartly at the US$4OO.OO support level. In choppy dealings, gold for delivery in February was off US$2.BO at U*****.20 an ounce
    Reuter  -  86 words
  • 64 16 Reuter WALL STREET stocks surged ahead in early trading yesterday, extending the New Year rally into the second trading session of 1987. Arbitrage related buy programmes provided much of the boost as blue chips raced higher. The Dow Jones Industrial Average jumped 24 points to 1951, within
    Reuter  -  64 words
  • LATE FILE
    • 63 16 Reuter PHILIPPINE communist rebel leaders in their first face-to-face meeting with a senior US official said American military bases in the country must go, sources said yesterday. The meeting took place on Sunday between rebel leaders Antonio Zumel and Luis Jalandoni and US representative
      Reuter  -  63 words
    • 40 16 Reuter SOUTH KOREA will try to improve relations with China, the Soviet Union and Eastern bloc countries to avoid any communist-led boycott of the 1966 Seoul Olympics, said Korean Foreign Ministry officials yesterday. Reuter
      Reuter  -  40 words
    • 36 16 UPI AUSTRALIA will not retaliate against France because of its suspension of two-way ministerial and official visits over Australia's support in the United Nations for New Caledonian independence, government sources said yesterday. UPI
      UPI  -  36 words
    • 58 16 AP CONSUMER PRICES in the European Community rose 0.1 per cent in November to an overall annual inflation rate of 2.7 per cent. The EC Commission yesterday said this "moderate'' inflation rate was recorded in all EC countries except Greece and Portugal, where prices rose
      AP  -  58 words
    • 33 16 Reuter OIL MINISTERS of the six-na-tion Gulf Cooperation Council (GCC) will meet Abu Dhabi on Feb 8 to review oil and energy cooperation among members states. Reuter
      Reuter  -  33 words
    • 47 16 AP AT LEAST seven Opec members have notified their customers of new, increased prices they will be charging as of Feb 1. The Middle East Economic Survey identified them as Saudi Arabia, Iran, Iraq, Kuwait, the United Arab Emirates, Nigeria and Algeria. AP
      AP  -  47 words
  • Page 16 Advertisements
    • 576 16 MANAGEMENT DEVELOPMENT PROGRAMME January March 1987. No. Coarse Title Date 1. Managing Difficult Employees Jan 152. Assertiveness Skills for Managers Jan 193. Effective Selling Techniques Jan 234. Telephone Techniques Courtesies Feb 14 i 5. Financial Mgt for Non-financial Managers Feb 16-1 6. Creative Marketing Feb 17-1 7. Writing to Win
      576 words
  • Page 16 Miscellaneous
    • 52 16 wmm Outlook: Showtn In Nvtnl itmi In tha aftornoon Report for 24 hours prior to 7.30pm on Jan S at tho airport Maximum tamparatura 31.4 Assoclatod humkfNy 60 Minimum t#mparatora 24.0 Assoclstod humidity 91 Hours of aunsMna 8.20 Rainfall In mlliimatras nil Rainfall thia month nil Rainy days this month
      52 words

  • SHIPPING TIMES
    • 257 17 Lloyd's List MORE THAN 2,200 jobs could be provided on Teesside following the private takeover of a British Shipbuilders yard. The improved employment prospects for Smith's Dock Shipyard, which BS is due to hand over to new owners at the end
      Lloyd's List  -  257 words
    • 296 17  -  By JUNE LIM STEPS ARE UNDERWAY to establish a freight booking centre in Thailand to consolidate the country's exports. Mr Chua Tiak Siang, executive secretary of the Singapore National Shippers' Council and Mr Alfonso Villaverde of the Philippines Shippers' Council have been assigned
      296 words
    • 265 17 STATE-OWNED Thai Maritime Navigation Co plans to ask the Thai government for a monopoly to transport all government imports on all routes to help salvage the finan-cially-ailing national shipping line. A company source told the Bangkok Post that if the plan is
      265 words
    • 225 17 Lloyd s List A NEW Anglo-Soviet shipping deal to monitor cross-trading cargo volumes and rates formalises for Britain scrutiny already undertaken for the last year by five European states. The new bilateral pact takes the form of an additional protocol to the 1968 Anglo-Soviet Merchant
      Lloyd s List  -  225 words
    • PORTSIDES
      • 83 17 DIVERS have discovered a sunken wreck believed to be the steamship Commodore, made famous by 19th century author Stephen Crane in his Shoro story "The Open Boat." The divers are confident the split and shattered wreckage is the 123-foot steamer Commodore and state historians believe they may
        83 words
      • 69 17 ROYAL AIR FORCE helicopter flew a critically ill Soviet seaman from a trawler in the South Atlantic to a Falkland Islands hospital for surgery on New Year's eve, the British forces said Konstantyine Losev. 28, a first engineer from the Kazakh Republic of the Soviet Union,
        69 words
    • 858 18 Iran an Iraq, once important markets in the Arabian Gulf for conventional liner vessels, have been at war since September 1980. Lloyd's Shipping Economist examines the state of the economies, the magnitude of the decline in general cargo carrier activity in
      858 words
    • 291 18 Reuter AN IRANIAN cargo ship, centre of a row between Iran and Italy when it was held at Genoa port last month, has returned home. Italian dock workers refused to service the Iran Jahad until the captain allowed an Iranian stowaway, who they
      Reuter  -  291 words
    • 249 18 AP IRAQI warplanes attacked a 289,166-ton supertanker laden with Iranian oil and set it on fire on Sunday, marine salvage executives said, while Iran reported it intercepted eight foreign ships in the Persian Gulf. Iran's official Islamic Republic News Agency, Irna,
      AP  -  249 words
    • 437 18 FT BRAZIL is to build a 1,300 km "grain railway," linking underpopulated farm regions of the centre-west to the Amazon port of Belem and the existing network of the country's industrialised south-east. The ambitious project, details of which were revealed by the Transport
      FT  -  437 words
    • 724 18 AB Shpg V 5 Accord Shpg VI 3 Alltrans < VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Bait-Canada line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben line Cont
      724 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 216 19 THE WORLD'S largest ore carrier, the 247,648 dwt Port Hedland Maru. has cleared the West Australian coast carrying the largest cargo ever loaded at Port Hedland 210,816 tonnes of iron ore. It was loaded at Mount Newman Mining s berth and is bound
      216 words
    • 434 19 Lloyd 's List SIX LEADING Norwegian support vessel operators are close to forming a joint ownership operation controling about 40 anchor handlers, diving support vessels and supply boats. The discussions between the companies form part of a broader, ambitious plan for the entire
      Lloyd's List  -  434 words
    • 237 19 AFP THE FRENCH government and the main merchant navy union reached agreement over the weekend after negotiations in a dispute which has crippled France's main ports for the last few weeks. No details were immediately available of the agreement reached between French
      AFP  -  237 words
    • 95 19 AFP A NORWEGIAN chemical tanker was involved in a collision on Monday with a small freighter in the Seto Inland Sea in western Japan, but no injuries were reported. Japanese Maritime Safety Agency officials said The 43,363-ton Toluma, with a crew of 19. collided with
      AFP  -  95 words
    • 214 19 Reuter TWO CYPRIOT ferries docked safely on Sunday from return trips to Lebanon as Israel's Foreign Minister said one had been intercepted to try to prevent Palestinian attacks. An Israeli gunboat on Friday stopped the 3.680ton ne Sunny Boat with 64 passengers as it
      Reuter  -  214 words
    • 110 19 Reuter A PANAMA-registered freighter ran aground on Jan 3 in charted Pacific waters while enroute from Rabaul to Oro bay in Papua New Guinea carrying an unknown quantity of general cargo from South K<v rea, Taiwan and Singapore, Lloyd's Shipping Intelligence reported. It said Lloyd s
      Reuter  -  110 words
    • 449 19  -  By KINGSLEY WOOD IN A NEW package of initiatives aimed at lifting the efficiency and competitiveness of the Australian merchant fleet, the government has offered shipowners a taxable grant of 7 per cent to encourage investment in technologically advanced ships. To
      449 words
    • 7519 24 aaasMLß 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
      7,519 words
    • 1728 25 Who acts for whom The leading shipping lines operating from local ports and their agents A B A Top Enterprises Pte Ltd Same (S). AB Shipping Boustead Shpg Agencies Alea Line African Shpg Agenciee (S) Ahrenkiei Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) MulUport Sdn Bhd
      1,728 words
    • 570 26 AT CONVENTIONAL WHARVES i > Barth Agant Arrival Dapartura KEPPEL WHARVES Doy Eogle K30 MT Mar alongside 0601/1000 Equator K22 Thong Soon alongside 0601/2115 Kris Modvra K24E SSPl alongside 0601/0600 Pot Troder K34 Sunship alongside 0801/2100 Qinghecheng Troutbonk K29 Y Fung alongside 0601/1500 KI6 Borneo alongside 0601/0600
      570 words
    • 752 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Ship Arrival LCL movement Voy date/time Operator cargo achadula Location Mwj Chfl ng 14 06.01.87 1600 Y Fung F5A 0700-0800 W5 Pelopor 221N 06.01.87 1800 Bousteod F7 0830-0930 U2 Osaka M 2131F 06.01 SJ 1900 Mitsui OSK F5A
      752 words
  • Page 17 Advertisements
    • 499 17 Clkiihlhtn OIH lM' I )H H< >1 uii OOCL Afoti* MROW SHPPBK AQNCIS (Rtf No 2478C4/ 00K) All IF# 200 Cantonment Road *12-05 Soattipoint Seaport 0?08 *****11 *> *s ***** 7 CuV/fl 1 TERIKMNAI CFS Id *****H 220 L A J BOOMKGS TH *****34 235 PESAM JAROM SMPPWG MEMOES SOU
      499 words
    • 80 17 raiDß IRAN AND IRAQ have suffered a steep decline in the value of external trade in recent years as both countries have been forced to curtail imports. Page II SIX LEADING Norwegian support vessel operators are close to forming a joint ownership operation controling about 40 anchor handlers, diving support
      80 words
    • 975 17 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE M' EAST AFRICA SERVICES INAUGURAL SAILING TO DAR ES SALAAM MOMBASA NAIROBI ADRIAN MAERSK VOY 8703 etd SIN 17.1.87 TOOAV In Port 24/1 13/1 31/1
      975 words

  • Page 18 Advertisements
    • 406 18 Mrlr-'-'M VILLE DC MCRCURE VtU£ D'URANUS VILLI OC PLUTON COMPA6NIE MARITIME D'AFFRETEMENT mssEf SUB CONTHIENT Also atxaptinf cargo to ail U.K. destNiatians. Scandinavian (Aartws, OUTBOUND TO MEDITERRANEAN OyTSOUND TO ARABIAN GULF VOY VIkLE DC MERCURE VILLE D'URANUS VILLE DC PLUTON MINA QABOOS INBOUND FROM N. CONTINENT/MEDITERRANEAN/ARABIAN GULF W 212 1
      406 words
    • 458 18 EUROPE/FAR EAST CONVENTIONAL SERVICE TRANSPORT VSL ROSf GRIGORPAN MALI TBN TBN TBN PT. of LOG Hamburg Szczectn-Hbg Ant Bourgas LubeckljmuKten-Antwerp Ijmuiden-Card iff Siuecm-Roatock-Hamburg DATES Sailed Sailed n-vn una n-W K-11/2 Further load,/ discharging ports en route subject to sufficient inducement Singapore Agent: Goodrich Maritime Pte Ltd Tel *****35 Tlx: RS
      458 words

  • Page 19 Advertisements
    • 820 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok i7l PEGASUS PRIDE PEGASUS PRIOE rpott hinivjM BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Aho Accepting Cargo For: Mantor| to Copankagan. Aartmt. Gatfcankurf. MakM. StockkeM. Haiti IMMi M AaMarp. KnmtMrtwm (M«
      820 words
    • 1050 19 Franco Belgian Services In I i-i /r.n.h>. r. It, If.in h,r I rn <n.-. (MEMBER OF ACE CONSORTIUM! container service to i corn Aim service frou europe SPORE P.KELANCLa Harvaßdam F Stava Hm B'Havan Ant Mam H'burg B'Nmm A warp LaMavra P IWm S port BRIDGE 7 Jan (S Jm)
      1,050 words

  • Page 20 Advertisements
    • 371 20 r Hapag-Uoyd Inland haulage lo ml*nd destination* hi UK t N Continent Alto accepting cargo for Copenhagen Aarhus. Gothenburg, Mrtmo, Helsinki. Amsterdam. Belfast Dublin. Caribbean t South America I TO EUROPE/MED S port PK Ptnanf Ltiioct BiMmo Gtnoa Hburf Mmi A wtrp Imm DALIAN 15/1 11/2 1/2 11/2 15/2 FROM
      371 words
    • 817 20 lei: *Ju*t tC&LINE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Mfmber of the Ace Consortium LION GATE BRIDGE IN ORIENTAL CHIEF S2W KOREAN JACEJIN 37* NEPTUNE CRYSTAL 3* «1) 151 (12 1) run 21(1 Wl) 211 FROM [JROPE VIA SUEZ Member ot the Ace Consortium KOREAN CHANCE 2* SEVEN
      817 words
    • 382 20 liai Sun Hup Co (Pte) Ltd ~11 TEL ??***** (20 Lines) TLX RS ***** &RS ***** t I \SII |< K 1 K STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL JOVIAN BRIGHT ORANGE SURF VOY NO 19 28 S pore Sailed I j an P. Kelang In Port 9
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    • 801 20 EVERGREEN Full Container Service Round-Th»-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) EVER GROWTH EVER GREET EVER GRACE EVER GRADE EVER GOVERN EVER GIFTED SCP HBC 110 10 a/1 I 0 2*l I*2 10 220 I*2 *3 22/2 IS/3 I*3 I*3 19/3 22/3 1/3 23/3 2S/3 21/3 29/3 ST »/J
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  • Page 21 Advertisements
    • 431 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE KOTA SSMA MA HAWK rnrr BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE PGD LOADGM PON tan 17/1 YOKO/KON/BKK, MA aw MA HAWK MA HAWK 02* J RED SEA/EAST AND
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    • 186 21 THONG SOON AGENCIES PTE LTD #09-00, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI CONTAINER FEEDER SERVI SINGAPORE/BANGKOK With Reefer. FCL and LCL Container Service Agents: Bangkok: Transport I Freight Forwarding International Co. Ltd
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    • 666 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK^CONTINENT HAM SHAVEN R DAN HAVRE STON PKIAK rPORf FOR um um sum 7/1 *i nm. m Tatyo "ay um i«m smm $*im smm 11/1 ivi nkg. m Larp 111 SmM SiM Sum SmM SmM 17/1 I*l HKG. TWI
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    • 462 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD CONTAINERSMP SERVICES IE II EUROPE TTT i|l BILBAO BREMEN A DAM/R S— 24/2 VP V 3 14/3 U/3 21/3 25/3 V* w 7/4 11/4 13/4 21* 2*4 11/4 HV4 22/4 DAM H
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    • 355 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPIWC COBPMITION (Burmese National Line) Loading for Rangoon Spor PKdan P«*»ng Ban(kak MYORUYWA VMM Hj M PA-AN VMM ]Su ian PAGAN VMM 2*22 Jan Z •MANDALAY 2/3 Fat ~Lsr+ Lo*hnt *r Iwm I I V* BANK LINE NORTHBOUND TO UKC SPORE ROAM MUU CLYDEBANK
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  • Page 22 Advertisements
    • 1034 22 IV LINE KAWASAKI KISEN KAISHA. LTD. ECMMR/KM/CNf FUQUt VSL MOTHER VSL SPORE PKLC PNC SPORE KOBE GUAYAQUIL CALLAO ARICA IQUIQUE AFAGASTA S ANTONIO VALPARAISO J. MHOCE VC N. TRUST V3HB 7 Jan I Jan »Jan U Jan I Fab 7 Fab 15 Fab 1» Fab CWTRAL AMEMCA/CAJMBEAN SEA FIEOtt VSL
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    • 435 22 Accepting LCL and South Africa SKMMrtNtf cargo** Dtract to OSAKA MARU V2131F HAYAKAWA MARU 2230F S.A. VAAL 2329F S.A. VAAL IS2K NEDLLOYD COLOMBO 202CG S'pore Durban PEJtz CTo in w an on M/l 10/2 12,2 13,-2 11/2 24/2 27/2 Durban I S port SM 16/1 vn W JAR DINE SHIPPING
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    • 649 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accopting FCUFCL Containers Faster P Kdani liner Has S port IM S)dn Alh Aeapts «rrr.loor. UJ" 5 Feb Feb 12 Fab Adel/Bns C£. I? 7 Feb 24 Feb 5 Mar 3 toar Adel/Bro 5 C 1 16 lAar 25 Mar 23 Mar Adel/Bris ESTECLIPPER *1127 Feb
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    • 713 22 GOLDEN LINE GUAN GUAN SUPPING (PTE) LTD 21. I«M b* Street SMGAKW 0104 TU UtlW (It UKS) STRAITS/PERSIAN GULF SERVICE: Sport p**m pmw, GOLDEN HARVEST Cotomto'MrtcMhbw/Kumrt 16/17 Jan GOLDEN HAVEN Colombo/Karachi/MiacaVDottt 2S/27 Jan CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA P.KLANG PENANG DESTINATION RONGJIANG In Port Rotterdam/Hamburg
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    • 498 22 anirriwo iirac.9, mesaay, January b, 1987 INTRASEA {PTE) LTD Anson Road ®?7 16 Internationa Pia/a Singapore 0207 e *****1 1 HO Lines) BREAKBULK SERVICE TO EUROPE/UK M.V IMPORTER ITU Sport P. Ktiani lajf farISA m SETE/ROT/ANT/UK(HULL) Afwts: Sinppen INTRASEA (PTE) LTD BOOKING 22*511 K. Lumpur BINTANC SNIPPINC CO SON. BMO
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  • Page 23 Advertisements
    • 811 23 Agents S port NEPTUNE ACENCIES PTE LTD Tel No Office Terminal CPF BOOKINGS *****77 *****77 *****22 *****&3 041 DIRECT LINES FE EU/AUST TPA SEA *****53 27UH2 *****42 *****19 *****K *****1t NEPTUNE ORIENT LINES LTD Sir" NEPLINE SON BHD 3U9n; 3tiOMV3HOU3W742« NEPLINE SON. BHD. 2«5771/2<2«34/2«2C35 NEPLINE SDN. BHD. ilssSt/020a35/*****0/027t01/027«C2 15 EUROPE/UK
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    • 520 23 HEUNG-A SHIPPING Korean Flag Vessels QQNAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN, INCHON Vmael't Hum Dooyartf Sapphire/610 No. I Donjm/WON Ejittm Glory/111 No. 6 Dorum 701* No. I oonam/701N PKelane Inc Buu 7/1 (Off-hire) M/I zsn 13/1 (Off-hire) 2(J mi 9/2 12/2 M V Jawum Prince', DWT 4RB
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    • 579 23 Oil NOW' SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KEIANG PENANG MS SHARIKAT WAH SOON SOW. BHD IST AND 2ND FLOOR. MESSRS HAI THONG
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    • 51 23 Mi i ta JAPAN MONCKONC STMAITS Honftonj Singapore P.Klanf Parang ORIENTAL RUNNER VIIA SaiM UO GISO MARU No.I V.29A SaiM 1/1 11/1 NIPPO MARU V.4A SaiM 11/1 riau via m an SHIBUSAWA MEISHIN N.T.Y. TPTN CO. PTE. LTD., 143. Cacil Straat. gll-l CI Iwitding S para Off TEL: 223*2 a
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  • Page 24 Advertisements
    • 343 24 |ffllf REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL JENLINK PIYA BHUH SIRI BHUN SEA DRAGON JENLINK PITA BHUM SIRI BHUM SEA MAGON JENLINK PIYA BHUM RATANA BHUM SIRI BHUM SEA DRAGON minii VESSEL RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM RATANA BHUM
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  • Page 24 Miscellaneous
    • 182 24 ft Regional Weather /a m Y r M W 7A m si s? v 1 Jt 56 0/ S3 5^S Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. ir Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature X\ Weather Wind direction with speed
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  • Page 25 Advertisements
    • 232 25 Wl CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE *****68/*****56/*****48/*****93 *****11/4 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE O EUROPE PEN MTHR VSL liTnrir r~■ jrrvT B BUTANC 303 >. BUTANC 305 1 8. BUTANC 307 a.H
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    • 547 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Ag«nts: SINGAPORE: CALICO SHIPPING PTE LTD Tp *****66 Tb. RS ***** CALICO Fa* 22*5271 PORT KELAMG: PERKAPALAN UTAMA SON BHO T« 388T19V6 KOTA KINABALU: KESAWAN SHIPPING SON BHO T« ?W*67'*****0< 3 (naal TG. MANI: RASA MUHIBBAH SON BHO Tt *****7
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  • Page 26 Advertisements
    • 524 26 SAILINGS EVERY TUESDAY OUTBOUND VESSEL CLEMENT 9SS SELANMA MS I. PERMAI 516 CONNECTING VESSEL AT ROTTERDAM DON IA 703 BORINGIA 733 BORINGIA 733 ACCERTMQ CARGO (LCL FCL) FOfl: DAKAR, FREETOWN, MONROVIA, ABIDJAN, TEMA, LOME, LAOOS A DOUALA Sinp.ipnre Af'iits RAKM MM! DSCHY SHIPPINI. PIl III) Irl VSMOKK MVO r K&S
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    • 175 26 EX *S- 0. *S- sSd*. Sorvics for INDIA/B'DESH/BKK/HK/ CHIN A/TAIWAN/JAP AN/KOREA/EUROPE *V TA FOO 1 i/1/t7 In Port— Opon M'sia Ports MV TBN 15/1/87 In Port Opsn M'sia Ports Possess Express Steamer Services. Also Arrange for Possess Express Steamer Services. Also Arrange for PCL/LCL/Breakbulk service. Suitable for loading of all
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