The Business Times, 19 February 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, FEBRUARY IS, 1187 75 CENTS
    12 words
  • 195 1 Overseas markets Wednesday HK Hang Seng Index 2792.08 26.02) Tokyo Nikkei Average *****.76 243.83) Sydney Ail-Ordinaries 1578.7 5.5 Tuesday New York (Dow Jones) 2237.49 54.14) London (FT 30 Index) 1552.3 (+10.2) 1571.0 (noon, Wednesday) Exchange rates THE SINGAPORE dollar closed weaker at $2.1430/40 against the US dollar
    195 words
  • 211 1 CONTINUED STRONG BUYING by institutional investors pushed the Singapore stock market higher in fairly active trading yesterday. Local blue chips were back in favour. The Straits Times Industrial Index climbed 11.87 points to 1,029.59 while the more broadlybased BT Composite Index rose 14.53 points to
    211 words
  • 108 1 UPI BANK OF JAPAN Governor Satoshi Sumita yesterday declined comment on reports that the US and Japan had agreed to set a "reference range" to stabilise volatile yen-dollar exchange rates. Kyodo news service quoted an unidentified senior US official as having said that the two countries had
    UPI  -  108 words
  • 656 1  -  Effort aimed at obtaining wide and sound consensus By CHUANG PECK MING AN ALL-OUT EFFORT is being mounted by the People's Action Party to mobilise Singaporeans from all walks of life to help formulate a blueprint for their future. The aim is
    656 words
  • 314 1 NATIONAL INTEREST and not purely a party matter that's what justifies the ruling party's use of government machinery to promote the National Agenda. It was Brigadier-General Lee Hsien Loong's ready reply to reporters' questions whether it was proper of the PAP to involve the
    314 words
  • 94 1 TOP LEADER Deng Xiaoping yesterday reaffirmed China's commitment to socialism and said the recent leadership changes would not affect the country's established policies. Mr Deng's statements to Gabonese President Omar Bongo were his most clear-cut public comments yet regarding last month's shakeup in the
    94 words
  • 468 1  -  By LUCY NG HOTELIER Khoo Teck Puat will meet creditors of his business empire in New York today and in Paris tomorrow to discuss his financial problems following the closure of his family-owned National Bank of Brunei
    468 words
  • 479 1  -  By ELAINE KOH SINGAPORE NATIONAL PRINTERS (SNP) made a sparkling debut on the new second tier market yesterday, in spite of some confusion over the new scripless trading system. Market-makers said the counter the only one quoted on the Stock
    479 words
  • Page 1 Advertisements
    • 253 1 >@&?==*|,=~.*[%.(-`<[[}[^$`"?!| Full report, Page 13; Int'l stocks, Pag* 10; Asian stocks, Pag* 11 Now! New EBOMJJM fromOUß More uses More convenience More your style GRO PLUS is a unique new "statement" account where you earn daily interest while enjoying many extra advantages. No passbook. No cheque book. Access to the
      253 words
    • 308 1 Brtg-Gon Lm to kick off rwMwtd walkabouts, Pago 16 Investors have high hopes GOVERNMENTS anxious to sell off state assets see airlines as attractive candidates. Although airline share prices can be influenced by factors beyond the company's control, such as oil prices, terrorism and currency exchange rates, investor enthusiasm worldwide
      308 words
    • 11 1 RARY The heritage is obvious. N9ST ON TNI lASSAU MTCNMTOMIBMMNTK CHTTCATf
      11 words

  • HOME NEWS
    • 170 2 TELECOMS has plans for two more telephone repair centres in an effort to provide immediate telephone repair services to subscribers. Telecoms chairman Koh Boon Hwee, speaking at a long service award presentation yesterday, said that this move followed good response to the first
      170 words
    • 259 2 LOGAN CITY, a town along the east coast of Australia, will be promoted as a town of opportunities for Singapore businessmen early next month. The city is located between Brisbane and the Gold Coast in south-east Queensland. It is Queensland's third largest city and is said
      259 words
    • Article, Illustration
      263 2 Seminars and courses DURATION TITLE Mar 2- Contract Administration May 11 Mar 2 How to Handle Company (commence- and Pesonal Taxation ment date) (Mandarin) Mar 2 l/S Security and (commence- Controls ment date) Mar 4-6 The Supervisor in Management Mar 4-20 Training-Within-Industry for Supervisors Mar 4-27 Metrology, Inspection and
      263 words
    • 496 2  -  By LOH HUI YIN A SINGAPORE consultancy company has made further inroads into China, clinching its second contract in one-and-a-half years from the Tianjin Harbour and Construction Company. SPECS Consultants will start work in April, providing consultancy services for a berth development
      496 words
    • 338 2 TO CLARIFY what could be a misunderstanding, a court yesterday recalled witneases who had already testified in a case involving Hennessy XO brandy. The issue aroae during the continued trial of importer Ng Chye Mong Pte Ltd. Its representative, Ng Khiok Hai,
      338 words
    • 180 2 THE MINISTRY of the Environment has imposed more stringent controls on six brickworks in Jurong North and Bukit Batok to reduce air pollution following complaints from residents in the area. The brickworks will have to switch from fuel oil to industrial diesel, a cleaner fuel,
      180 words
    • 371 2  -  By USA LEE AFTER THREE YEARS of making chocolates, Dutch company Lin-deteves-Jacoberg (Far East) has decided to wrap up the business and sell off its $3 million manufacturing plant. The company is looking for a buyer for the plant, including moulding machines, sugar mills, nut
      371 words
    • 286 2 THE CONSTRUCTION SECTOR is likely to be the last to recover from the economic recession, although the economy is expected to improve with growth this year likely to be 3 to 4 per cent. Companies involved
      286 words
    • 215 2 THE MINISTER of Finance and Corporate Relations from the Canadian province of British Columbia, Mr Mel Couvelier, will arrive in Singapore today for a three-day visit during which he will examine Singapore's role as a financial centre. Mr Couvelier will hold talks with Dr
      215 words
    • 160 2 CULTURE takes the beck seet when 490 linked chairs from the closed-down Singapore Cultural Theatre go under the hammer tomorrow. The green-coloured, de-cade-old seats are expected to fetch no more than user's value, with one potential bidder telling BT that she is prepared to
      160 words
  • Page 2 Advertisements
    • 185 2 When it comes to warehousing services, we really shape up. Only PSA offers you: A choice of warehouse space right at the wharves. So you save on transport charges. Higher ceilings, so you can stack higher and reduce storage costs. Storage space from 95 sq.m. upwards. By the day, by
      185 words
    • 80 2 □a IWW&It Japanese Restaurant I Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16++ per set, they
      80 words

  • ASIA-PACIFIC
    • 228 3 Reuter PHILIPPINE President Corazon Aquino yesterday threw her full backing behind military chief General Fidel Ramos, scotching reports that the man who helped put her into power would be ousted in an army shake-up. "There is no basis to replace him. He stays on
      Reuter  -  228 words
    • 259 3 AFP RECENT strong criticism of the Thai Parliament by the Thai Army commander in chief seems designed more to spark public debate than a coup d'etat, observers in Bangkok said. Thai Army chief General Chaowalit Yongchaiyuth over the weekend attacked the ruling coalition
      AFP  -  259 words
    • 772 3 ARRIVALS Operator Sorvlco Local From number tkn* OA OA472 0015 SYD/MEL UA UA805 0100 SFO/HKG su SQ11 0125 LAX/NUT su SQ416 0655 DAC/CCU MAS MH681 0820 tax MAS MH8I1 0910 rw MAS MH671 0920 tax SiA SQ103 0950 KUL CPA CX710 1015 CGK MAS MH603 1020 KUL
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    • 154 3 AP SOUTH KOREAN businesses invested a record high of US$l72 million in 50 overseas equity projects last year, the Bank of Korea reported yesterday. The Korean central bank said in Seoul that the annual figure compared with US$llB million for 40 projects in 1965.
      AP  -  154 words
    • 59 3 AFP ALL THREE MILLION MEN in China's armed forces must combat bourgeois liberalism as one of their major tasks and an issue for serious political struggle. They were called to join "the struggle against the trend of bourgeois liberalisation," according to a circular issued by the army,
      AFP  -  59 words
    • 342 3 Call for tough action to avoid severe recession in Australia Reuter AUSTRALIA yesterday announced that its foreign debt had soared over Asloo billion as business groups demanded tough government action to avert a severe recession. The Australian Bureau of Statistics (ABS) said
      Reuter  -  342 words
    • 265 3 Reuter AUSTRALIA will soon unveil a defence White Paper for the *****, underlining a more independent posture while maintaining its close security links with the US, defence officials said. The blueprint, expected to be presented to the Cabinet next week, will place greater emphasis
      Reuter  -  265 words
  • Page 3 Advertisements
    • 66 3 g A|\ I I I The business person's choice, every I fl II I I If II I Tuesday. Saturday and Sunday. I 1 Wl I Wl \l Leaving Changi Airport at 22:05 I A. y I -1 S V y_L hours ond arriving Heathrow at 06 45 hours the
      66 words
    • 420 3 7 7777 71 N/ ft ft] to >4 9. /i m v a K 4 W« i 2 < V 1 H K Would you buy a computer from a company p that's less W than your own? Only the largest SCX) companies in the USA make it to the
      420 words
    • 12 3 Hawk* could ba first labour promior to win third term, Pago 7
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  • REST OF THE WORLD
    • 428 4 Reuter PRESIDENT RONALD REAGAN, launching a major trade legislative drive, has outlined proposals to make US industry more competitive in world markets. Calling his so-called competitiveness programme a "quest for excellence." Mr Reagan told a White House audience on Tuesday that he would soon
      Reuter  -  428 words
    • 200 4 Reuter THE HEAD OF a group of congressmen representing textile states said a new import quota bill would be introduced in Congress to replace one vetoed by President Ronald Reagan last year. Representative Butler Derrick, chairman of the 102-mem-ber textile caucus, said the
      Reuter  -  200 words
    • 118 4 Reuter A 81-PARTISAN GROUP of US senators from eaatern states that depend on oil aaid oh Tuesday that they had formed a coalition with consumer groups and trade aaaociations to fight any proposed oil import fee. "An oil import fee would
      Reuter  -  118 words
    • 334 4 AFP WEALTH FIGURES LOW among French aspirations, according to a poll by market research group Sofree published on Tuesday by the weekly magazine MarieClain. Sixty-one per cent of those questioned said they did not particularly want to be "very rich", outweighing the 38
      AFP  -  334 words
    • 314 4 Reuter PRESIDENT RONALD REAGAN might lift remaining US sanctions against Poland this weak, says an administration official. "Things are moving in that direction," said the official in Washington yesterday. The announcement had been expected for months and speculation about an end to
      Reuter  -  314 words
    • 341 4 Reuter ONE IN EVERY FOUR PEOPLE in industrialised countries is liable to suffer from mental illneaa during his or her working life. A study published by the International Labour Organisation (ILO) on Tuesday said emotional disorders, often caused by streaa at work
      Reuter  -  341 words
    • 204 4 Reuter THE WORLD BANK and other development banks have failed to carry out reforms to safeguard the environment, a congressman charged. Senator Robert Kaaten, chairman of the Appropriations SubCommittee on Foreign Operations, said yesterday that a study by the US Treasury Department found the banks
      Reuter  -  204 words
    • 192 4 Reuter A LEADING European Community (EC) official has criticised what he called an alarming decline in development aid, calling this a major cause of a rapidly deteriorating situation in the Third World. EC commissioner Claude Cheysson said the time had come to take action against
      Reuter  -  192 words
    • 214 4 UPI MEXICO'S Ecology Minister, do* spits strong criticisms from scology groups, said ths govsrnmsnt had "concrete measures" to combat ths city's pollution, considorsd among ths worst in the world. "Extensive steps wars taken in the past year in the different areas of the country,
      UPI  -  214 words
  • Page 4 Advertisements
    • 217 4 v-m HEAD FOR THE FUTURE. Honeywell's newest super minicomputer is a "multi-multi processor." Unlike other 32 bit super minis, the DPS 6 PLUS doesn't have to rely on only one central processor. With-Honeywell's unique multiprocessor design, you can use one, two or even four tightly-coupled processors simultaneously. That means increased
      217 words

  • Page 5 Advertisements
    • 206 5 Our lobby is impressive. In the morning you will find fellow guests (never more than Our guests are unceasingly overwhelmed by its warmth, its 24) in the private breakfast room, not more than 40 paces away, friendliness, its efficiency—but never by its size. You will be surprised to find spacious
      206 words

  • BANKING AND FINANCE
    • 380 6 AP THE WEST GERMAN MARK has increased 79.52 per cent in value since the US dollar began to drop two years ago, the largest rise of any major currency, the International Monetary Fund reports. The yen gained 66.24 per cent between February 1985
      AP  -  380 words
    • 263 6 UPI THE INTERNATIONAL Monetary Fund has asked Peru to submit a plan for repaying US$25O million in back debts, diplomatic sources said. The agency's executive board met last Friday to consider Peru's case and examine the possibility of resuming contacts between the
      UPI  -  263 words
    • 361 6 IN A MOVE reflecting Singapore's importance as a risk management centre, Morgan Guaranty Trust has promoted another Singaporean to the rank of senior vice-president. Ho Chee Nen, 40, treasury manager of the Singapore branch of the New York bank which has been running an
      361 words
    • 717 6 SINGAPORE: The US dollar closed slightly firmer in quiet trading yesterday as most operators were awaiting today's congressional testimony by US Federal Reserve chairman Paul Volcker and Treasury Secretary James Baker. The dollar's slight firmness in late trading reflected some European buying and short-covering after holding steady for
      717 words
    • 235 6 Interbank rates at 3pm yesterday: OM Ohr •oo.p-% Local c lolton to on# unit of foreign curroncy i US do* K 2.1430 2.1440 ***** •24X0 s— pound 3.27V® 3.2035 ***** •5536 Amtroflk m dolor 1.4250 1.4279 ***** -50.44 NZ do* w 1.1722 1.1749 ***** -65 J1 Conodk n
      235 words
    • 256 6 HONGKONG: The metal cloeed stronger in fairly quiet trading yeeterday, mainly on local bargain hunting following the setback in New York. Bullion ended at U*****.90/393.30 an ounce against Nsw York's U*****.00/50 close and the U*****.80/397.30 finish here on Tuesdsy. On the local market, gold loet HK$34 to end
      256 words
    • Article, Illustration
      338 6 Asian market ASIAN DOLLAR deposit rstes closed stesdy at opening levels yesterdsy after a day of quiet trading. Most operators were sidelined awaiting for the day's release of US January housing starts and today's first revision US fourth quarter groes national product data. Term rates firmed 1/16 point at the
      338 words
    • 502 6 BA Futures JUNE Eurodollar opened at 93.47 yesterday, up six ticks from the previous cioee. Technically, the June contract has an immediate upside gap at 93.54 and in the abeence of major fundamental news, the technical gap may attract prices higher. The June contract finally cloeed at 93.47, after
      BA Futures  -  502 words
    • 110 6 THE OVERNIGHT rate on the Singapore interbank market remained unchanged to cloee at 3% per cent yesterday. The term rates each fell 1/16 point to 3H per cent. f N S$ Interbank rates at 7pm yastardayi Offer m Ow3 J/4 3 1/3 1-Mrth 3 7/1* 3 5/1* J—>*
      110 words
  • Page 6 Advertisements
    • 127 6 CONGRATULATIONS TO TAISEI STAMPS ft COINS AND THE SINGAPORE MINT ON THEIR Ist SINGAPORE INTERNATIONAL COIN CONVENTION AUCTION 20th to 22nd February 1987 Hotel New Otani, Phoenix Ballroom 6th Floor (Liang Court) Coin Auction: 19th February 1987 FROM CHINA MINTS: SHANGHAI PUNT SCNYANG MINT People's Republic of China err 3
      127 words
    • 215 6 CORUM *-V% fjtfiv A kw .7 Key to Perfect Time The Corum Collection In any industry, there is always an elite brand name. A brand name so committed to quality Out it becomes a legend among the cognoscenti. In the Swiss watch industry, that brand name is Corum. The Corum
      215 words

  • WORLD BACKGROUND
    • 884 7 Humbled kingdom's oil woes end profligacy NYT EARLY IN THE 1980s, when Saudi Arabia was riding the oil boom, stories circulated about Saudis who traded in their cars when the ashtray filled up. Today, however, many cars on the roads of Riyadh look
      NYT  -  884 words
    • 763 7 NYT 808 HAWKE is a casual, down-to-earth kind of Australian, a former union leader who in 1954 set a world beer-drinking record by guzzling two-and-a-half pints in 12 seconds. Soon, he will try to set another record by becoming
      NYT  -  763 words
    • 537 7 UPI JAPAN is trying to drum up foreign participation and money for a multi-billion dollar futuristic science programme described alternately as a major boon to research or "pie-in-the-sky". The Ministry of International Trade and Industry (Miti) is the head cheerleader for the 20-year plan,
      UPI  -  537 words
  • Page 7 Advertisements
    • 507 7 1. r .'-V* > EXHIBITION 19th-20th February, 1967 9:00 am to 6:00 p.m. An array of renowned Hitachi Computer harctoare will be cfsplayed in the exhtoition. The currently released operating system and communication technique with Hitachi Personal Computers are some of the highlights of this show. Selective application software wM
      507 words
  • Page 7 Miscellaneous
    • 44 7 Doonesbury sa m m nr. m i w. m Si .YE&ANoms a m a M iM BY GARRY TRUDEAU OBVIOUSLY. tOOK.BOOPS/B, PO A FAVOR. ANPDQNTBHN6 ANYOFTHGSHJFF HOME, OKAY* YOU SHU! ia/vzde&t USTBHNGTO rrpoßim LASTTH&B HOURS! If is r< j m *v SSV ft 133
      44 words

  • FEATURES
    • 598 8 THERE IS SOMETHING visually theatrical about a siege. A siege is needed when the two sides in a conflict are almost equally powerful, so that their war cannot be won militarily. Furthermore, one of the sides is safe in a fortress or camp or city, and
      598 words
    • 1115 8  -  National airlines come to the stock market Airline share prices can change direction rapidly, subject to factors such as oil prices, currency fluctuations, international politics and terrorism. But worldwide, investor enthusiaism is high, reports ALISON MAITLAND. ALISON MAITLAND FT BRITISH AIRWAYS today, Japan Airlines tomorrow. Maybe
      FT  -  1,115 words
    • 851 8  -  By E R SHIPP NYT LAWYERS are at odds as the American Bar Association prepares to take up proposals for improving the system of recovering damages for personal injuries. Some leaders express embarrassment that the bar association has yet to act when
      NYT  -  851 words
  • Page 8 Advertisements
    • 89 8 ?s "a "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 executives plan their leisure
      89 words
  • Page 8 Miscellaneous
    • 177 8 )!;=}|=*%*]%&:!&!<,+\!%?~<\_!$, CRYPTIC PUZZLE 1 Nosy cleric? (6) 7 The testy fellow Rex Maine became (8) 8 Not exactly soft seat? (4) 10 Cooperative worker? (6) 11 Take it that the anagram amuses (6) 14 Follow by sight? (3) 16 They're long in the garden (5) 17 Where to get a
      177 words
    • 483 8 8 It's fair to use the seme word twice (2-2) 9 Payment for reduced life expectancy? (3) 12 Two-way message (3) 13 No elm can produce this fruit (5) 15 Bed for a boy about four (5) 18 He takes part in dramatic goings-on (5) 19 Young tool? (3) 20
      483 words

  • SPORTS
    • 262 9 AFP TWO MORE seeded players failed to reach the second-round of the U*****,000 Grand Prix Tennis tournament in Indian Wells, California, on Tuesday when Jonas Svensson of Sweden and Frenchman Guy Forget crashed out of the event. Svensson, seeded thirteen, went
      AFP  -  262 words
    • 284 9 AP CHRIS Evert-Lloyd, playing her first tournament match since losing in the US Open semi-finals to Helena Sukova of Czechoslovakia, was a nervous winner in her first match of the Virginia Slims of Florida Women's Tennis tournament. LLoyd coasted to a 6-4, 6-2 second-round
      AP  -  284 words
    • 295 9 AFP BRITISH sprinter Linford Christie will defend his European indoor 200 m crown in Lievin, France, this weekend. Christie, who has had to miss 10 crucial days training because he has been suffering from chicken pox, has now recovered from the
      AFP  -  295 words
    • 428 9  -  New circuit to help determine national team selection By WALTON MORAIS AS THE WOMEN battle for the Queen's championships over at Jackie's Orchard, the Republic's leading male bowlers will be out bashing the pins down at Celebrity Bowl in the first Jatico Tournament of Champions from
      428 words
    • 640 9 Reuter THE EXODUS of talented players to more rewarding pastures in the US and Europe has raised concern among Asian golf officials as the continent's annual circuit tees off in Manila today. The 10-leg circuit, offering total prize money of more than US$l million, has
      Reuter  -  640 words
    • 245 9 Reuter FRENCH soccer captain Michel Platini on Tuesdsy launched a campaign to help young drug addicts overcome the hsbit snd start a different life. The Juventus star announced the creation of "The Michel Platini Foundation" which has initially enlisted the support of four big companies
      Reuter  -  245 words
    • 165 9 AFP THE 1967 European Golfers Association tour will b*« worth a record £7.25 million. l£ was announced in England on* Tuesday. The final value of the tour over £1.5 million more than last year's total was realised when the autumn schedule
      AFP  -  165 words
    • 99 9 AFP SWEDEN'S former world number one tennis player, Bjom Borg, is to sue a Stockholm evening newspaper over drug allegations. Borg will seek damages against the newspaper, AftonblMdet, and editor Rolf Alsing, after advertising billboarda claimed that the tennis star wte" implicated in a London
      AFP  -  99 words
    • 492 9 AFP AP HEROL GRAHAM, number one contender for the World Boxing Association middleweight title, is delighted that American Martin Hagler has been stripped of the championship title. The 27-year-old Englishman, unbeaten in all his professional fights, has been the top WBA challenger for
      AFP; AP  -  492 words
  • Page 9 Advertisements
    • 52 9 a Claypot Oxtail. Claypot Chicken. > Claypot Seafood. Claypot Mutton Every dish comes complete with US potatoes, vegetables. California fruit cocktail pie plus complimentary j glass of California wine. .f 1 V-ijSH Sponsored by: I MARINERS 9 RESTAURANT 120. Cantonment Road. #01-02. Maritime Houaa Singapore 0206 Tat: *****28. *****77 ConfenanM
      52 words
  • Page 9 Miscellaneous
    • 1157 9 COSMOPOLITAN THEATRE Edge of Darkness: Companionate Leave 9pm, Channel 12 Judging from the pilot episode, this promises to be an excellent, rivetting, seven-part thriller about a detective who is drawn into the world of espionage as he investigates the murder of his daughter. Bob Peck, Joe Don Baker, Charles Kay,
      1,157 words

  • INTERNATIONAL STOCKS
    • 374 10 NYT FOR THi FIRST TIME since 19(4, Ford Motor Co is batk as the most profitable oaf company in America. ford reported on Tuesdw that it earned US$3.3 Won, or U5512.23 a share ifCommon stock, in 1986. «hit made the year the first
      NYT  -  374 words
    • 163 10 Reuter ttftAEL GROSSMAN, a forjwr attorney with the law grm of Kramer. Levin, Nesftjh, Kami and Frankel, has Mfn arrested on charges Iftaslder trading, accord--8 to a spokeswoman for US Attorney for the Southern District of New Grossman is to be arfifMil before
      Reuter  -  163 words
    • 405 10 Reuter WALL STREET scored its biggest one-day gain on Tuesday as the market soared to a record high. A combination of arbitrage related buy programmes, short covering and enthusiastic institutional buying propelled the market, traders said. The Dow Jones Industrial Average rose a record
      Reuter  -  405 words
    • 128 10 FEB 17 AtottlW Tl .37* 1* Int Prov Plpa lu Intt 21 46 22* 1 Alcan Alum Algoma Sti ..51* .10* Karr Addiaon IB* 13* Bank Nova Scotia Bank Of Montraal... 21* ..36 unch McMil BMI Motaon A 64* 25 2* Moora Corp 32* unch unch Noranda In 27
      128 words
    • 197 10 rca ir M0US1 RAND nUALS +b Truat Bk Un Staal Wooitru 140 00 1460 2 unch 10 A Alpha 1500 IMW MM Aaci 0050 -25 Amaprop 5006 *****8 AMIC 5200 50 Bartow* I960 -5 C G Smith 3000 50 CNA 320 -5 Currta Financa Edgar* 600 *****S unch Cons
      197 words
    • 652 10 KB IT" US t A lean Aiumin Alcoa Alleg Intl Allied Sig Allied Storaa Alits-Chaimer* Am Brand* Inc..... Am Can Co Am Cyanamid.... Am Emc Pwr Am Expraaa Am Horn* Prod Am Motor* Cp Amax Inc Am«r«d« Haas Amoco Corp Arm Corp Armco Inc Aaarco Inc All RicMield
      652 words
    • 791 10 Amsterdam rei 17 FL9 ABN 514 00 4 63 30 +■16 Ahotd 106.00 -*-3 Akzo 131.10 •♦■0.7 141 90 -0 1 AMEV 6690 09 Amro B«nk 64 50 •02 Am Stad 127 50 i 15 70 ■f 02 BOLS 147 50 -0.5 Boraumij 141 1 Buahrman Tattan od«
      791 words
  • Page 10 Advertisements
    • 538 10 I "Hi Wbere to wlm 9 Him m& eatortala J! OL_ I Hie Drums RoU and A Special Ceremony takes place at 8.15 pm 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
      538 words
    • 116 10 That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is free. And every night at 8 pm except Sundays. The Melody Band from the Philippines entertains in their inimitable style. •HUNCEHOra.
      116 words

  • ASIAN STOCKS
    • 675 11 Reuter HONGKONG: Share prices rose in hectic trading yesterday, pushing the Hang Seng Index up 9.40 to a record high close of 2,801.48. The Hong Kong Index rose 8.17 to end at 1,799.93. Turnover was HK$l.5 billion. Brokers said sentiment remained bullish on news of Bond International's HK$l.9 billion
      Reuter  -  675 words
    • 233 11 m i» All Sincara Indua NT 9 2.40 -0.13 Kolin Kuochan Dav Laa Chang Yuan 26.20 .27.10 32.90 0.1 unch •0.1 Aaia Camant Cathay Con* Chang Hwa Bank. Chang Loong Chia Hain Camant... Chin Hain Flour 32 20 .42 00 52.00 .31.00 .30.30 0.2 -0.5 •1 -0.1 0.3 -0
      233 words
    • 270 11 m is A|inomoto YEN 2350 -f 70 Mitaub Elac Mitaub Eatata 505 2500 15 unch Akai 445 •26 1030 20 Amada 840 •10 577 5 Aaahi Cham 811 256 24 Aaahi Giaaa Bank Ot Tokyo 1300 1310 -40 10 Mitsui Smarting 305 1080 5 -10 Bridgaatona 670 -3 1060
      270 words
    • 72 11 m ta i PESOS Msrcoppsf MaralMl 1.34 -002 0.0012 unch Oriental B 0 028 -0.002 Angto Phil ...0.007 0 001 Phtlo* B 0 40 -001 0.0675 -0.0039 Ptcop B -2 PLOT 277.50 •2.5 123 unch Basic P«<rot«om. Bonguot Con. B 0.024 •0.002 0 014 100 W1 Sims Dsrtoy 29
      72 words
    • 312 11 mm u cents Hardie Jamee .412 12 Hartogen Energy. 3306 1680 MOUSTRt IB Hooker 356 1 C 1 338 A C 1 396 5 Ind Equity A N 1 345 15 Int HMlth 1000 unch L««ghtoo 365 Lmd LNH 440 unch -6 Ampoi Exp 300 290 9M IHl-LI... MiYnf
      312 words
    • 116 11 PH It Ml 1296 >46 KangwOfi Ind Kla Motor 11(00 -160 100 -25 -2 +3 200 600 800 10 +s 1806 -24 Dttlim Ind 0—woo Corp Oaawoo Haavy......... Da whin Sacurtttaa 560 90S 1279 346B ***** Koton Ind. Koraa Long Term Lucky Lid Oriental Bra wry Onantal Cham 3611
      116 words
    • 129 11 m it BANT 1Saha Union Qj»m ramanl own Siam City 170 616 +2 Ao Kham Thai Ayudhya Immtmt Bangkok Aground Bangkok Bank Bank 0» Ayudhys Charoong Thai Wli 4 Cabta 296 ...72 296 166 re 6 3 -2 Siam Commercial Bank. 476 Siam Food Producfe 907 Singer Thaiiand 31.29
      129 words
    • 79 11 Reuter WORMALD INTERNATIONAL Ltd is seeking shareholder approval to issue up to Aslso million of 13.65 per cent, five-year unsecured notes carrying options to take up ordinary shares. Dominguez Barry Montagu Ltd will underwrite Asloo million of the issue, says Wormald. It plans to issue up to
      Reuter  -  79 words
    • 495 11 Fewer takeovers so less big-scale insider trading AP LAST WEEK'S arrest of prominent Wall Street figures for alleged insider trading had few repercussions in Japan, where the rarity of corporate takeovers leaves less opportunity for such large-scale stock manipulation. But financial sources say leakage
      AP  -  495 words
    • 250 11 MATSUSHITA Electric Industrial Company of Japan will invest $140 million in its Malaysian subsidiary to make the company its export base for air-conditioners. The sum is to be pumped in over the next few years to expand the product range and capacity of Matsushita Industrial
      250 words
    • 93 11 Reuter CARRIER CHINA LTD, a subsidiary of US-based United Technologies Corp, has formed two joint ventures with Chinese manufacturers in Shanghai to produce air-condi-tioners and related products. Carrier and Shanghai Mechanical and Electrical and Industrial Investment Corp will set up the
      Reuter  -  93 words
  • Page 11 Advertisements
    • 612 11 li Wtere id Mae, tflae aad eaierfala HP* Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking Century
      612 words
    • 118 11 3 IRRESISTIBLE OFFERS! ■40% OFF all Premium brands and bottle rates Buy one drink and get one FREE Extended Happy Hour 12 noon Bpm Entertainment by 2 top bands nightly (6pm 2am*) flmwcnofis A popular show band from the Philippines M *r m J Slno.oor.'. Chch4Vld Singapore i t most
      118 words

  • RAW MATERIALS
    • 567 12 MBT GOLD has been found in six new areas in north Pahang, according to the Malaysian Geological Survey Department. The six areas Merapoh, Kuala Medang, Kuala Lipis, Sungai Teris, Raub and the Mengapur-Sungai Luit districts are located in what has been termed the "Gold
      MBT  -  567 words
    • 384 12 Reuter DEMAND for gold appears to be picking up in Hongkong after a year when investors, lured by a booming stock market, turned away from the metal. Census and Statistics Department figures put net bullion accumulation at just 1.1 tonnes in
      Reuter  -  384 words
    • 156 12 AFP THE SOUTH AFRICAN group Golden Dumps announced in Johannesburg that it planned to bring a major new platinum mine into operation by 1989. The group, at a preliminary press conference on Monday, said the mine was expected to produce 170,000
      AFP  -  156 words
    • 223 12 AP WORLD PRICES for major raw materials dropped to their lowest levels in more than a decade last year, according to the International Monetary Fund. The figures do not include the decline in the price of oil. The drop for 1986 was
      AP  -  223 words
    • 312 12 SINGAPORE The marked closed lower yesterday with March One RSS buyers quoted at 196.00 cents a kg, down 2.50 cents from Tuesday. The morning session lost two cents on some long liquidation in quiet trading. Prices fell further in quiet afternoon trading due mainly to overseas selling. On the
      312 words
    • 108 12 OIL PRODUCTS NAPHTHA was slightly weaker yesterday as Japanese demand continued to be restrained. Jet kerosene pegged lower as competitively priced barrels ex-Middle East found their way into Singapore. Fuel oil continued to waver within the current range of US$BO to US$B4 a tonne. Gasoil and LSWR remained stable. Closing
      108 words
    • 68 12 Bangkok Broken Rice (USS/toMM, FOB) A-l Sup«r A-l Sp*ck>l 133 130 White Rice C-1 Special Mtq 100% 1 *f dots 255 C-l Ord unq 100% 2nd dcm 220 Loonzain Rice 100% 3rd dots 215 100% 1 at grod* unq 5% 205 100% 2nd grod* 215 10% 200 100% 3rd
      68 words
    • 1136 12 COFFEE Robusta futures collapsed to the lowest levels since late July 1985 on Tuesday afternoon, depressed mostly by technical factors, and closed just above the lows, with £42 to £47 a tonne declines. Technical selling was unleashed in early afternoon by a much low-er-than-expected New York market, which
      1,136 words
    • 121 12 THE PRICE OF "TO on ttia Kuala Lumpur Tin Marfcat eloaad ona cant lowar yastarday to M$l6.M par kg on contlnuad lack of Interact In qulat trading. Altar opanlng unchangad at Tuiidiy'» laval, lha mark at sllppad to Mflt.tt following strong disposals of 114 tonnas at tha start
      121 words
    • 156 12 MALAYSIAN crude palm oil futures moved erratically before closing slightly higher yesterday on short-covering and some late speculative buying interest. Dealers said trading activity was further reduced as operators were sidelined amid uncertainty over price movements. April closed Ms 9 higher at M 5766 per tonne, March Ms
      156 words
    • 300 12 RAS prices in S cmMq, FOB III bala NOON CLOSE Buyers S*ii*rs Buyors Sellers bit 1 RSS Prompt 198.25 199.25N 196.00 197.00N bit 1 RSS Mar 87 198.00 198 JO 196.00 196 JO bit 1 RSS April 195.00 195 JO 193 JO ***** bit 2 RSS OP
      300 words
    • 83 12 (canti/kg, 1 -ton pellets) MAR 87 APR 87 (currant month) (forward monNi) NOON NOON RAS Ivym 5»lton n SSI 20 179 JO 181 JON 178 JO 180JON SSI 50 177 JO 179 JON 176J0 178J0N MRELB tuy*n n SMI cv 278.00 290.00N 279X» 281.00N SM* I 278.00
      83 words
    • 152 12 Chinese Produce lobuno 20/25% Exchange FOt NSW Nutmeg ***** i SiNifs noon dosinQ pet Fob 18 (SJ/100 kg). an 110 FOt NSW *****0 tWP FOt NSW 1322X10 Coconut oil Gambier t M FOt 9000 FOt NSW ***** i Old drum FOt Nnr drw FOB 100.00 104.00 1 AflkjAjMik
      152 words
    • 237 12 SOYBEAN FUTURES on the Chicago Board of Trade closed mixed on Tuesday, with prices ranging 2% US cents higher nearby to two cents lower in deferreds with spot March at U554.8734 a bushel. Prices set life-of-con-tract lows across the board in early trade before recovering. March soybeans were boosted
      237 words
    • 223 12 WHEAT FUTURES on the Chicago Board of Trade closed mixed on Tuesday, ranging four US cents a bushel higher to one lower, with spot March at U552.76%, up four cents. Nearby contracts were boosted by export business, with China bidding for 300,000 tonnes hard red wheat under the export
      223 words
  • Page 12 Advertisements
    • 345 12 W OVERSEAS UNION SECURITIES LIMITED (Incorporated in the Republic of Singapore) Announcement The Board of Directors of Overseas Union Securities Limited is pleased to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1986 The provisions made for current year's taxation include adjustment for under provision of tax in respect
      345 words

  • SHARE INFORMATION
    • 4130 13 THE SINGAPORE stock market edged higher in fairly active trading yesterday with the Straita Times Industrial Index rising 11.87 points to 1.029.90. The more broadly-based BT Compoaite Index climbed 14.53 points to 017.50 with gainers leading loeers 100 to 54. Turnover stood at
      4,130 words
    • 256 13 SINGAPORE Rises i— -i« inascvs F A N 1040 Hto 17 Nk It 40 >T Campaafta 903.97 917 JO N S T 4*0 39 IT tufli mil 444*9199 *****94* OIS 1100 30 IT OB/OS 334 333 Span Land M A A 700 30 •ICMX •*441 -*403 370
      256 words
    • 4187 13 810 and offer prices officially listed end bueineos In end reported to the Stock Exchange of Singapore yesterday with the number ot shares traded shown in brackets In lots of 1,000 units uniesa otherwise specified. All Time Settlement Contracts are quotod after the word "BETT".
      4,187 words

  • COMPANY NEWS
    • 828 14 MBT KUALA LUMPUR Stock Exchange chairman Nik Mohamed Din bin Datuk Nik Yusoff is an energetic and versatile individual who believes that determination and perseverance are the key ingredients to success. The 44-year-old stockbroker-cum-businessman believes that sheer determination usually gets a person
      MBT  -  828 words
    • 497 14 FT STRONGER POWERS to control foreign shareholdings in UK banks are to be sought by the British government. They will be put forward by the Treasury as amendments to the banking bill, which gets its third and final reading in
      FT  -  497 words
    • 381 14 BUYERS came back after a brief respite and share prices rebounded to higher ground on the Kuala Lumpur stock market yesterday. Dabblers showed confidence and scattered double-digit gains were registered. The technical correction on Tuesday was short-lived as prices resumed their climb on renewed
      381 words
    • 3048 14 BID «ad Oder prices offlrlalty listed and twist iwss in mad reported to the Koala Lumpur Stock Exchange yesterday, with the number at shares traded shown In brackets in lots at 1,000 units unless otherwise specified. INDUSTRIALS Acma I—l AJnomota 13I0S) (31 310 Alax HMe
      3,048 words
    • 70 14 THE AVER MOLEK Rubber Company Bsrhad: 72nd AGM at No 22 (Upper floor of No 20), Jalan Hang Jebat, ***** Malacca, on Monday, Feb 23, at 10.30am. DUFF Bertiad: 14th AQM at No.21 23. Jalan Hussein. ***** Ipoh Perak, Malaysia. on Monday. Feb 23. at 11am. MALAYSIAN TOBACCO
      70 words
    • 397 14 MBT PALMCO HOLDINGS Bhd is expecting another difficult year with the continuing unfavourable economic conditions. Ths currsnt year will bo on* of consolidation and rationaliaation for ths group. Disclosing this in ths lateet annual rsport chairman and managing director Datuk Robsrt Chan Woot Khoon
      MBT  -  397 words
    • 106 14 HONGKONG Hongkong Indox Wednesday 1799 93 Tuesday 1791.76 Week ogo 1750.91 Hang Song Indox Wednesday 2801.46* Tuesday *****6 Week ago *****7 AH Industrials Wednesday 2497i Tuesday 2465.7 Week ogo ***** NEW YORK Dow Jonos Tuesday *****9* Monday Closed Week ogo 2156.04 TOKYO NRcfcoi Avorago Wednesday *****.76 Tuesday *****.93
      106 words
    • 239 14 Managers' prices MARA-Bumiputra 1 for rob IV Fin) B'putro 5*3 5*8 Singapore Unit Trust S*cond B'putro TWd I'putro 533 4.17 538 472 Th* ri inn—11 m 102 1 10 four* I'putrg 4.77 4 82 TS* Savings Fund 0*2 Of* EH* i'putro 31* 321 S'por* Prog Fund 040 044
      239 words
    • 641 15  -  By AMY CHEOK OVERSEAS UNION SECURITIES LTD (OUS), the close-end investment trust managed by the Overseas Union Bank group, has chalked up higher full-year profits, thanks to substantially improved contributions from its overseas investments. Most of OUS profit this time was derived from funds invested
      641 words
    • 500 15 MR KR JAYARAMAN, who is listed in Ambassador Holdings' register as a substantial shareholder, has declared that he holds no shares in the company. Mr Jayaraman notified Ambassador Holdings in late 1965 that he had purchased 749,000 shares or a 9.5 per cent stake in
      500 words
    • 549 15  -  Foreign ownership nearing 20pc limit By NAJEEB JARHOM OVERSEA-CHINESE Banking Corp has joined United Overseas Bank in almost reaching the 20 per cent ceiling on foreign ownership of its shsres. The bank announced yesterday that the total shareholdings beneficially owned or controlled by
      549 words
    • 344 15  -  By LISA LEE OVERSEA-CHINESE Banking Corporation has centralised all its property management and development functions under newly set-up subsidiary, OCBC Property Services Pte Ltd (OPS). OPS, established in January this year, will also handle new development projects being considered by the nine OCBC
      344 words
    • 282 15 MALAYSIAN businessman turned politician Datuk Alexander Lee and his family holding company, Irex Sdn Bhd, are trying to sell their 64.1-per cent stake in Roxy Electric Industries. Discussions with several parties interested in the stake are currently being held. Oatuk Lee said
      282 words
    • 172 15 JACK CHIA has ceased to be a substantial shareholder of diversified trading group Haw Par Brothers International Ltd as of Feb 12. This follows the sale of 9.02 million Haw Par shares by the Jack Chia group, which took place
      172 words
    • 96 15 KKP HOLDINGS Sdn Bhd has sold another two million shares in Malayan United Industries Bhd. The shares are registered in the name of GP Nominees Sdn Bhd. MAYBAN Nominees (S) Ltd, a substantial shareholder of Cold Storage Holdings PLC, has acquired another 300,000 shares in the company for
      96 words
    • 898 15 EQUITIES opened sharply firmer yesterday, hitting new highs following the largest ever one-day rise on Wall Street and in further reaction to Tueeday's better-than-expected British government borrowing news. The £3.7 billion January public sector borrowing requirement repayment has fuelled hopes that the government will have room to cut
      898 words
  • Page 14 Advertisements
    • 316 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF HAL COMPUTER (PTE) LTD (In Voluntary Liquidation) MEMBERS VOLUNTARY WINDING UP At an Extraordinary General Meeting of the Members of HAL COMPUTER (PTE) LTD, duly convened and held at 315 Outram Road #13-10, Tan Boon
      316 words
    • 302 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF KHENG ANN REALTY (PTE) LTD I Kl T i T i: < A VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of KHENO ANN REALTY (PTE) LTD duly convened and held at 1 Bonham
      302 words
    • 322 14 MAJID'S ELECTRONICS PTE. LTD. (Members' Voluntary Winding Up) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Sec 308 of the Companies Act, Cap 186, that the Pinal Meeting of the members of the abovenamed Company will be held at 1 North Bridge Road. #19-05 High Btreet Centre. Singapore 0817, on
      322 words
    • 248 14 THE COMPANIES ACT, CAP. 185 i C» CO M <10 »COv HOCK HONG ANN COMPANY (PTE) LOOTED (In Liquidation) At an Extraordinary General Meeting of Hock Tlong Ann Company (Pte) Limited duly oonvened and held at 261 Beach Road, Singapore 0719, on 18th February 1987, the following Special Reeolutlon was
      248 words
    • 163 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 188 AND IN THE MATTER OF KIM KIM TANNERY PRIVATE LIMITED (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 185 that the Final Meeting of Members of the abovenamed Company will be held at
      163 words

  • Page 15 Advertisements
    • 133 15 P&MGXH PETROLEOS MEXICANOS (a Oacamralaad Public Agancy oI tha Unttad Mamcan Staiaa) U.S. $100,000,000 Floating Rate Notes Due 1988 (Eitondabt* at Notehofcter'a Option to 1991. 1992 and 1993) In accordance with the terms and conditions of the Notes and the provisions of the Reference Agency Agreement between Pefroteos Mexicanos and
      133 words
    • 203 15 Rabobank: your partner for business with the Netherlands. Rabobank Nederland, with offices in Singapore, Hoof Kong and Jakarta, provides a personal service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated Dutch cooperative banking institution with total assets of US. $48 billion. It ranks among the largest
      203 words

  • 298 16 SUNDAY WALKABOUTS by ministers are to be renewed with Brigadier-General (Res) Lee Hsien Loong starting the series this weekend in Yuhua constituency. Initially. Brig-Gen Lee and Mr Wong Kan Seng will take turns to tour the various constituencies. Mr Goh Chok Tong is
    298 words
  • 52 16 Reuter THE NOISE LEVEL of discussions in the British Parliament would be banned in most factories for health reasons. Junior Transport Minister Peter Bottomley said that he had recorded 95 decibels on a noise meter hidden in the House of Commons. The chamber is exempt from government health
    Reuter  -  52 words
  • 575 16  -  Ng Teng Fong-led consortium reaps massive profit from sale of HK property By LEE HAN SHIH Properly Correspondent A CONSORTIUM led by property tycoon Ng Teng Fong has reached an agreement to sell the Financial Square property in Hongkong for HK$l.9 billion to Alan Bond of
    575 words
  • 549 16 NST AFP MALAYSIAN Chinese Association Youth leader Datuk Kee Yong Wee was yesterday charged in the Kuala Lumpur Sessions Court with two counts of criminal breach of trust involving M 53.3 million. He pleaded not guilty. Malaysian Deputy Minister for
    NST; AFP  -  549 words
  • 157 16 Reuter INDONESIA remains a good credit risk in spite of mounting debts, including several large foreign loans in the past three months. Finance Minister Radius Prawiro said yesterday. He told Parliament that financial institutions and creditors were still prepared to assist Indonesia in
    Reuter  -  157 words
  • 53 16 Bernama ES AN AIR LINK between Malacca and Kuala Lumpur or Singapore is still not a prudent propoeition. Malaysian Airline System managing director Datuk Abdul Aziz Abdul Rahman said that this was a case of having to strike a delicate balance between commercial prudence and social
    Bernama ES  -  53 words
  • 273 16 Bernama THE PRELIMINARY findings of an investigation by the Kuala Lumpur Stock Exchange into possible manipulation of share prices show that no syndicates are involved in such malpractices. KLSE chairman Nik Mohamad Din Nik Yusoff said in Kuala Lumpur yesterday that the
    Bernama  -  273 words
  • 121 16 Reuter THE SHI'ITE Muslim Amal militia said yesterday that it had lifted a four-month siege of three Palestinian refugee camps in Lebanon. Amal sources said that it had ended blockades of Beirut's Bourj al-Barajneh and Shatila camps and Rashidiyeh camp in southern Lebanon on
    Reuter  -  121 words
  • 105 16 Reuter THE RATE of West German economic growth this year could be well down on forecasts published as recently as December, according to reports issued yesterday by two major independent research institutes, the West Berlin-based DIW institute and the Munich-based IFO institute. DIW said that
    Reuter  -  105 words
  • 77 16 Reuter COMEX GOLD futures stayed on the defensive yesterday morning, drawing further short selling on the back of a technically-moti-vated slump in platinum. Gold for delivery in April lost US$2.lO at U*****.80 an ounce which penetrated Tuesday's low of U*****.50. Analysts said gold made its deepest drop when
    Reuter  -  77 words
  • 70 16 Reuter A SLUGGISH bond market and anxiety over the latest insider trading scandal failed to diminish Wall Street's desire to push higher yesterday. The market drew its strength from Tuesday's record single-session gain and from a perception that the economy is picking up. The Dow Jones Industrial
    Reuter  -  70 words
  • LATE FILE
    • 43 16 Reuter A COMMITTEE of Opec oil ministers is to meet on March 9 to review the cartel's efforts to raise oil prices under a pricing and production package agreed in December, Opec sources said in Vienna yesterday.
      Reuter  -  43 words
    • 36 16 Bernama BANK NEGARA yesterday reduced the lending and funding rates of the New Investments Fund (NIF) by one percentage point to 9 per cent and 6.25 per cent respectively. Bernama
      Bernama  -  36 words
    • 39 16 Bernama MALAYSIA and Brunei Darussalam yesterday signed a memorandum of understanding on a new air space arrangement whereby the Sultanate takes over control of aircraft movements within a specific area around its capital. Bernama
      Bernama  -  39 words
    • 42 16 Reuter THE PHILIPPINES yesterday named a high-level task force, led by Vice-President Salvador Laurel, to renew efforts to recover billions of dollars believed removed from the country by ex-presi-dent Ferdinand Marcos or his associates. Reuter
      Reuter  -  42 words
    • 38 16 AFP FRENCH Foreign Minister Jean-Bernard Raimond has said that a request by Turkey to join the EC would be "studied with great attention" but emphasised that the membership procedure was "long and complex". AFP
      AFP  -  38 words
    • 46 16 Reuter EARLY returns in Ireland's cliffhanger election count showed a swing to Charles Haughey's opposition Fianna Fail Party yesterday but it was not clear if he would win enough seats for an overall majority, according to unofficial forecasts by party workers. Reuter
      Reuter  -  46 words
    • 37 16 AP THE ISLAMABAD government yesterday rejected US concerns that Pakistan may be trying to build a nuclear bomb and said it could not sign any ban on nuclear proliferation until India does.
      AP  -  37 words
  • Page 16 Advertisements
    • 146 16 tSWKi An all inclusive package made easy for you: Airfare Standard room Airpori transfer (twin sharing) Breakfast Arranged transfer to hawker centre ranHmMMU OotdmSondiHa*! ShangriLa Inn For Reservations call: holidiiyn *****66 < übertutf (Stall A> s Prime US Rib of Beef, as good as ever, at only $19.50 From now
      146 words
    • 3 16 LMdar, Pag* 8
      3 words
    • 654 16 Th# silver report vn not iviil•W# it prm tint# yMttrday. Employee Counselling Singapore, March 9-11,1987 At the end of the workshop, participants would: be able to identify employees whose job performance and satisfaction are being affected by personal problems. have acquired basic counselling skills and strategies to intervene. have learnt
      654 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 505 17  -  By JUNE LIM WITH the increasing importance of Asia in the freight forwarding scene, the International Federation of Freight Forwarders Associations (Fiata) plans to increase the representation of Asians on its board. At the moment there is one Asian representative from
      505 words
    • 197 17 AFP SIX major Japanese shipping lines had incurred a combined deficit of 64 billion yen in the North American liner trade in fiscal 1966, a shipping daily said in Tokyo yesterday. The Shipping and Trade News said the six shipping lines
      AFP  -  197 words
    • 172 17 Reuter MORE THAN one-third of the 320,000 TEUs at Shanghai. China's largest port, lay idle last year, said the city's official newspaper. The Liberation Daily said throughput last year totalled 254,000 containers, up only one per cent on 1965, after average annual increases of
      Reuter  -  172 words
    • PORT SIDED
      • 94 17 Reuter INTERNATIONAL Maritime Carriers (Holdings) Ltd said it had agreed to buy a bulk carrier from Japan s Sumitomo Corp for US$B.O5 million. IMC said in a statement that it expected to take delivery of the 35,600-dwt Maritime Prosperity on or before Feb 26.
        Reuter  -  94 words
      • 139 17 AFP SOUTH AFRICA'S 20 millionth ton of iron ore to Japan under a 10-year contract was loaded aboard the country's biggest ship, the 167,000-ton ore carrier Sishen, in a special ceremony this week. The ceremony, at the port of Saldanha north of Cape Town,
        AFP  -  139 words
      • 99 17 MR GEORGE PARKER, the managing director of Britain's biggest state-owned shipyard complex, was relieved of his post last week because of his yard s poor performance. Mr Parker, said the Financial Times, had "relinquished his position" as managing director of the Sunderland-based North East
        99 words
    • 1059 18 FRESH chartering was very slow to emerge on Tuesday following the US holiday, ship brokers said. Various unconfirmed reports indicated several vessels may have been secured to carry coal from the US to Japan. A coal vessel bound from Hampton Roads and Richards Bay to Japan was reported
      1,059 words
    • 1426 18 The growth of the Philippine national flag over the last few years has been impressive. The country now commands the 14th largest merchant fleet in the world. But, as Lloyd's Maritime Asia discovers, the proportion owned by its nationals is shrinking. Lloyd'sMaritime Asia
      Lloyd's- Maritime Asia  -  1,426 words
    • 712 18 AB Shpg V 5 Accord Shpg VI 3 Africa Ocean IX 4 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 APL 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
      712 words
    • 268 18 Reuter WORLD MERCHANT SHIP tonnage on order at end-December declined to 21.36 million gross tons comprising 2,168 vessels, from 23.41 million tons consisting of 2,249 vessels at end-September, Lloyd's Register of Shipping said. In its latest quarterly shipbuilding return, Lloyds said over 91
      Reuter  -  268 words
    • 177 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
      177 words
    • 183 19 AFP NIPPON KOKAN KK (NKK), a major Japanese steelmaker and shipbuilder, will likely announce plans to lay off 7,000 of its 30,000 full-time workers over a period of three years, according to a Japanese newspaper. The Nihon Keizai Shimbun said yesterday
      AFP  -  183 words
    • 448 19 FT WESTERN industrial nations plan to hit back at protectionism in the shipping industry and take countermeasures against countries which unilaterally protect their own fleets from free competition. Members of the Organisation for Economic Cooperation and Development have agreed on a detailed
      FT  -  448 words
    • 184 19  -  ■y Kinglsey Wood IN LINE with timilar moves around the world, Australian National Line, the Union Shipping Group and TNT tubtidiary William Holyman and Sons have been considering rationalising their services in the Bass Strait trade, from Tasmania to the Australian mainland.
      184 words
    • 160 19 NEPTUNE ORIENT LINES it adopting a higher profit* to generate public awareneas of the national carrier. It it taking itt mettage, "We thip your cargo worldwide", to the ttreett on three double-deckers. The butet, which ply the No 7 route and patt through
      160 words
    • 218 19 Reuter AFP A LEADING London tanker broker said that with Opec keeping to its recent production quota agreement, requirements for crude oil tankers would remain extremely depressed until the middle of this year. As a result, a number of vessels would have
      Reuter; AFP  -  218 words
    • 207 19 ALL SURVEYS are conducted on Feb 10 Argentina Buenos Aires 10 vessels operating. Australia Brisbane Normal operation; Melbourne Normal operation; Sydney Normal operation. Bangladesh Chalna 10 vessels operating; Chittagong 15 vessels operating. Brazil Santos Waiting time of up to 2 weeks. Cameroon Douala Normal operation. Chile Valparaiso Normal
      207 words
    • 206 19  -  W« VJtOT By Kingsley Wood THE SMALL far northern Queensland port of Cairns is off the main international shipping routes and its cargo throughput is small even by Australian standards. But it does have three reasons for fame it is a major world sugar port
      206 words
    • 7041 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,041 words
    • 1717 25 Who acts for whom The leading shipping lines operating from local ports and their agents A—B A Top Enlerpriaee PM Ltd Sam* (S) AB Snipping Boustead Shpg Alaa Lin* African Shpg Ag*nci«* (S). Ahrsnkiel Liner Kim Shpg (S). Alfrad C Toepfer Ocaanua Shipping Agancia* (S) Multiport Sdn Bhd (PK). Amartcan
      1,717 words
    • 124 26 Area/Port Viscosity Density Wster CSTstSOC G/ML st 15C Volume 0/0 Africa/Red Sea Jeddah 109/184 0.944/0.955 0.0/2.5 Durban 50/157 0.974/0.992 0.0/0.5 Arabian Gulf Ros Tonura 112/245 0.940/0.968 0.0/0.2 Bahrain 181/184 0.974/0.978 0.1/0.2 Europe Rotterdam 74/510 0.972/1.009 0.0/0.8 Hamburg 35/402 0.937/0.996 0.0/0.7 Le Havre 25/360 0.926/0.985 0.1/0.1 Genoa
      124 words
    • 428 26 AT CONVENTIONAL WHARVES VmmI Birth Arrival Daoartura Kolimnton 1 Moju Express Putra Muho Samudro Joya I M4B MIA M3B MIB *****700 *****800 *****700 *****700 1902/2300 1902/1330 1902/2300 1902/2200 KEPPEL WHARVES Coniuoria Oaoyang Golden Boor Hat. Bo* Hosei Mfcru Koto Mow Koto Wiromo Mo"0'0«ve''»^ Nod Boltroin Soo KoMfaow
      428 words
    • 914 26 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy data/tima Operator cargo achadula Location E Grand 01 IK 19.02.87 2300 Groan Asia F4 0900-1100 B4 Plonfin 8703 19j02.87 1700 Moor* F2 0700-0800/0800-0900 B2/F2 Bonovon 75/513 19 0287 2200 Son lino
      914 words
  • Page 17 Advertisements
    • 520 17 Mammoth Hunters Jean M. Auel L J CORONET BOOKS Available at all Good Bookshop* ORIENT OVHQEAS Cftttiim* IINE NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORID ROUTING NORTH AMERICA CALIFORNIA PNtfY WEST CANADA «s n ooi uns a# aMi B li a i K W 11 HAT!Ii HIKIM fiV tal mtmt
      520 words
    • 74 17 [KMDB THE GROWTH of the Philippine national flag over the last few years is impressive, but the proportion owned by its nationals is shrinking. Page H WESTERN INDUSTRIAL NATIONS plan to hit back at protectionism in the shipping industry and take countermeasures against countries which unilaterally protect their own fleets
      74 words
    • 602 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OF SUBSTANCE But what is the price she has paid? Available at all good bookshops MAERSK LINE PRE GRI LOADERS REGMA MAERSK VOY 8704 PLANTM VOY 8704 •M SINGAPORE 24.2.87 Tha mm Ragma M Qoong T«naa
      602 words

  • Page 18 Advertisements
    • 369 18 J£2 OUTBOUND TO NORTH CONTINENT Guns VILL£ DE JUPITER COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT *n 2*2 *3 w a/3 I*3 so accepting U de-stioations. 'jUKt na. an (Aa' k uS Cog*n"jj*n Gcthenbcrg) jui other Inline
      369 words
    • 427 18 EUROPE/FAR EAST VSL PT MU la SJTA aisc Km TEL: 03-*****50 Malaysia son. BHD. TLX: ***** MTM Frt Booking contact Miss Gan ANG S PORE LOG. FOR Further load/ discharging ports an route sutyact to sufficiant induoamant Smppon Afant Goodrich Maritima Pto Lid. Tai: *****36 Tlx: RS ***** QRMSIN The
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  • Page 19 Advertisements
    • 409 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd H-j STRAITS SHAPING Singapore to lihth, Smwik, Bnimi Ports and Bangkok P«tO. Containers Limited r ESSCE3EjEHUi aria UM un is w hi w 17f3 MQ ZV3 as MO W 5J W «W a* a* vi* a* m 491 us us as
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    • 505 19 Franco Belgian Services iMFMRFR OF ACE CONSORTfUM f r T7^~T 7 CHARGEURS REUNIS CONTAINER SERVICE TO MEOfTERRANEAN 'vn?; iWiUlj (MED CLUB MEMBER) TTTf .11= SMv SI «v 4/ 1 Apr Si 27 JM aJM IM MM IM MJm IM 12 M KM 4mm UM 12 M MM MM I fer
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  • Page 20 Advertisements
    • 264 20 CON lAINERSHIP SERVICE TO UK CONTINENT ALSO ACCtfTIM CARGO TO* ALL UK IMLAMO DCSTMATK>*S, BELFAST, DUBLIN COPENHAGEN, AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM rillMUill A 1 AMERICA CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE $-PORE PK PCM TRIESTE LEXIOES BILBAO HRURG B'HAVEN TWMINQA 3/3
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    • 435 20 tC.S-L.INE MtMA SHWf cmw— FULLY CONTAINERISED SERVICE a FROM I JROPF VIA SUfZ 4 of ,hf rf Consortium ORIENTAL CHIEF BE *FD««OTHER VESSEL LC« at/KOCEAN JACEWON BE 124/2 CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL INDON S'PORE LOADING FOR LEAOBOM M Ski 19/7 KUWAIT ■WONSBON 31 Inn flit DUBAI, DAM 'ALSO
      435 words
    • 376 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE FORT KELANC KOTA KINABALU Tt MANI calico snipping pte ltd T <BW TU: K SUI CALICO FAX: 2245Z71 PERKAPALAN UTAMA SON BHD T«t WW KESAMAN SNIPPING SON BNO 2MH (J Han) Fu TUT RASA ORJHIBBAH SON BNO T«fc BPD K&S LINE JAPAN'HONG KONG
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    • 863 20 w EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO i) providence. mum. savannah. woton Philadelphia. nomfou. i»hnin»rii wilbihctoh, kmrjoa. fit 0 ATLANTA. CMKAOO. OFTHOIT. CRUR— OTHER MAJOR BKMNRNNE KSTMUTKM KM CMS NYC ML NK OX ms us vi w w w *a w m n n»
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  • Page 21 Advertisements
    • 629 21 PACIFIC INTERNATIONAL LINES \w*\ PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE MAMPAMT OOWA ROTA WW* SIN JKT vn in *n in «U> IKI MY SIN MM KAO TCH KK MM *MUR *HTC YOK KOR KM w omm tM ii/i 11/j ii/i 14/1 im
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    • 467 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT riuvcH rum havk iron moans mn m MM MM MM MM 2*2 210 I MM MM MM MM 2*2 20 MM SaMM MM MM 70 «0 up m tm w w iau. u M TV 2*2 v «n
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    • 484 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI 60NTAINERSNIP SERVICES SINGAPORE TO ENRBPE VCSSCL/VOV NATARAM/17WS KUTAI/UWB S BILBAO BREBEN A DAM/R OAM H'BUM 22/3 27/3 30/3 J/4 Mi wfi 7M 11* 13/4 tf/4 17/4 a/4 14/4 11/4 22/4
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    • 350 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR LOtKAVD VIII M-AN VM7W PAGAN VUM HTONCYWA V222W PA-AW VMM (Burmese National Line) Loading for Rangoon S'port P.Ktiang Parang Bangkok war* a/a FA IFiDfer r .\VJ E".i. FA At STORE ROAM HULL FORTH BANK VIMI 7/3 30/3 7M 3/4 TAMAITAI SAMOA VAN 1/3 4/4
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  • Page 22 Advertisements
    • 870 22 K LINE KAWASAKI KISEN KAISHA, LTD 1 MOTHER VSL SPORE PKLG MIC SPORE KOBE GUAYAQUIL CAUAO A RICA IQUtQUE AFAfiASTA S. ANTONIO VALPARAISO TMVSI II Fab Uf* a Fab 22F4 13 Mar 7 Apr 15 Apr 11 Apr FEEDER VSI RAGNA VI ■OTHER VSL A VSL PKLG PNG SPORE KOBE
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    • 262 22 NEDLLOYO COLONRO 2427F OSAKA NARU 2532F I'par* Durfcan P-Eltz C.T« SS IS Sg ia. vaal am P.Oiz C.Tawn 28/2 27/2 ■Hi* J »rd JARWNE SHIPPING AGENCIES (REG. 242*4/ OOK) 200 CANTONMENT ROAD #12-06 SOUTHPOINT, SINGAPORE Q2OR M: 221 81l TELEX NO. RS ***** TEIWINAL/CFS T«i. *****1*-220 BOOKINGS TaL *****34-235 FREIGHT
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    • 503 22 law M S'por* "CHANDIDAS" 21 Fab "KABIROAS" VJ3 20 Mar "RAHOAS" *21 10 Apr "CMAWCHOAS" V2S a Apr INDIA EXPRESS CONTAINER SERVICE >uii>h FCUFCL Contain*n ARYAMA VJ ST T*^-"'f"-10. HARYANA VJ CALABAR V O kamroas VJ2H SO A PRADESH V -BH 10 NAGALANO VJM V. AWT ABM VMM 1.0 TRIfURA
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    • 521 22 n STRAITS/PERSIAN GULF SERVICE: Spore Pjuta* fw, GOLDEN VONOER Cotombo/KaradM/Dubai/Bahriin 3/4 Mar 60L0CN KM Cokxnbo/KaradM/Dubai/Ooha 2V3C Hw GOLDEN LINE GUM GUM SHPPMG (TIE) LTD 21. TM »rr Stmt JMUmK MM m.: UUM (II IMS) CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA 'M Accaptini FCL Cargo to
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    • 256 22 9NTRASEA (PTC) LTD 'C. Bu'ldinc S I r•, g P 4 Bulkorient Line BREAKBULK SERVICE TO EUROPE/UK IV aoelina vtn um 'Hit liRcS \HIfT V(j 467 Nl It > phill fifv i v rj( ijp MIDDLE EAST/FAR EAST FCt ft LCL DESTINATION t i> 7TT7 JTjTTT r-» >1 r—r X'
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  • Page 23 Advertisements
    • 649 23 NEPTUNE ORIENT LINES LTD* ■Tport NEPTUNE AGENCIES PTE. LTD. n T.( No Offic* Terminal CFS OOOWNtt VMP 2715/S ZMHI Z7M77 mmat imm JW® OR WRECT IWCS 27*H 27W1( Znwi NEPLINE SON. BHD. 3HM7 NEPLINE SON. BHD. 2U4OS nepline SON. BHD. NEPtINE SON. BHO. 2MM«aMI 3 FROM EUROPE (VIA SUEZ) CR
      649 words
    • 398 23 DO»«»M HEUNC-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN INCHON No 9 Donam/TUN No. CDonaotfWN No I Oofum/TCN No 7 oon*n/7©N No OoMm/7KN No Donoot/TON No I Donam/7WN Sport PKoiinf aid aa tw 27/2 7/3 m 143 in H/J 2M 31/3 11/4 MM Nl PI
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    • 489 23 SINSOV 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 ***** MS SMAJIIKAT MAN SOON SON. OHO IST ANO 2NO FLOOR, NO 1, JALAN CEMPENING. PORT KLANG, MALAYSIA
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    • 42 23 Vfi /.sii/iv VI Lust HERCULES VJA SaiM IV OSO HMU NO. I V JM 2*2 25/2 OMENTAL RUNNER VJM 21/2 5/3 SMIBUSAWA HtSNIN ft N.T.Y. TFT* CO. PTE. LTD., VO. Cad) Stoat. #U-M CS lnMfa« S pan MM TEL 223K22 (2 Unaa)
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  • Page 24 Advertisements
    • 244 24 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) E VESSEL Sim BHUH SEA DRAGON PIYA BHUH SEA DRAGON PIYA BHUH SiRI BHUH SEA DRAGON PIYA BHUH JENLINK TO P.KELANG PENANG (2 SAILINGS A WEEK) VESSEL RATANA BHUM BUTANG I 'win II l|l J l '111 1 1 Itott 11
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  • Page 24 Miscellaneous
    • 179 24 Wa Regional Weather fA j':• t' W■' I <? S r i r i J Va k" A 3! x H "S* sT^> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNtNQ. c^. Wind direction with speed in knots Wave height One hoW fleche represents 5 knots R Thunderstorm
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  • Page 25 Advertisements
    • 212 25 u=o CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE *****88/*****56/*****48/*****93 *****53 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 mil WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE B. BUTANC 93 B. BUTANC US tttmeb :.v wm. 1 ittt TTT\ OTNER DESTINATIONS: AARHUS, AMSTERDAM,
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    • 466 25 Hai Sun Hup Co (Pte) Ltd TF I ??0490h I? 0 I nes i Tt HS HS \m i K'\ < \k i IM K Mi) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loadinf at appropriated Borth P4-P5 NOTE: ALSO CAUJNG OTHER JAPANESE PORTS. HONGKONG. TAIWAN i CHINESE PORTS. SUBJECT
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  • Page 26 Advertisements
    • 85 26 rm FARGO SHIPPING COMPANY(PTE)LTD/ ■+'Wr REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE ETA SINGAPORE 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 REGULAR SERVICE e ii a 10 w 12/1 140 IflW OCEAN PROMOTER HH SHIPPING S.A.
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    • 568 26 Q SAILINGS EVERY TUESOAY OUTBOUND VESSEL CONNECTING VESSEL AT ROTTERDAM N DDI MA an nrrTTT ACCEPTMQ CARGO (LCL FCL) FOR: DAKAR, FREETOWN, MONROVIA, AMDJAM, TEMA, LOME, LAQOM A DOUALA flints HAKH SIMf PARK* vHIfTINt, I'll I >•! i'dllXK i'i EUROPE FAR EAST/CHINA M sia agent Maritime Transport M n Sdn
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    • 117 26 INTEROCEAN LINE l-CL/FCL AUBTRAUA LUMK ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYD. MELB. ADE, BRIS, FREM. LE HVE, HBG, BREMEN. R'OAM, GENOA, ANTWERP. UK PORTS SCANDINAVIA WEST EAST COAST, GULF INLAND PORTS VANCOUVER. TORONTO MONTREAL l.'.l'XiTS Booking: *****27 A 33*2411 Fa* 33X430 TotoK RBS67M NUNK totyMng PCL, LCL,
      117 words